CORNWALL BIRD WATCHING & PRESERVATION SOCIETY
LIMITED BY GUARANTEE
REGISTERED CHARITY No 1144724
COMPANY NO. 7839617
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31st December 2024
WHITAKERS
CHARTERED ACCOUNTANTS
NEWQUAY

Page 1
CORNWALL BIRDWATCHING & PRESERVATION SOCIETY
DIRECTORS REPORT FOR THE YEAR ENDED 31st December 2024
Cornwall Bird Watching & Preservation Society Limited by Guarantee was incorporated on 8 November 2011. With
effect from 1 January 2012 the company took over the assets and undertaking of the unincorporated body known as
Cornwall Bird Watching & Preservation Society.
The original Charity was established in 1931 and is registered charity no. 255899. The incorporated Society was
entered on the Register of Charities on 18 November 2011 as no. 1144724.
Objectives
The Society exists to further the study of birds and assist in their preservation and conservation. The charity publishes
an annual ornithological study Birds in Cornwall, a quarterly magazine Palores and maintain5 a website
www.cbwps.org.uk. The Society owns, orjointly owns, four nature reserves.
Review of Activities
With the challenges of the pandemic well behind us, 2024 saw the Society continue to flourish under the direction of a
dedicated board of trustees. Paid up Membership at the end of the year stood at 1197, with 167 new members recruited
and good retention. This helped pul the Society on a sound financial fooling, which was further enhan¢ed with
sizeable legacy.
Communication with the membership was improved through regular eNews updates in addition to the popular quarteTIy
magazine'Palores'. We entered into the world of e-commerce selling branded merchandise to promote CoTnwall Birds.
The Bird Report for 2022 was published and the 2023 report is progressing well. The daily updaled Bird News page on
the website received many hundreds of views and our social media channels increased their following month on monlh.
(Facebook group increased from 4785 to 7380 belween January and November). Social media has its drawbacks. none
more so than the spreading of the locations of rare breeding species but these were moderated and the positive inputs
OU￿el9hed the negalives.
Thè Society recognised the need for storage space to house, display malerials, books. archive bird reports, papers el
and purchased a lock-up garage in Truro. With added shelving it is now a valuable asset.
Our reseNes continued to be a popular attraction, and on going maintenance saw the re-roofing of bird hides at
Walmsley Sanctuary and Stithians Reservoir. At Maer Lake the long-running issues surrounding the location of a new
bird hide neared conclusion and il is hoped to build this in 2025.
Links with outside groups was strengthened. The Society became an associated member of Cornwall Wildlife Trust
gaining access to their administrative support eg training programmes. We also joined an online Bird Club forum where
like minded groups regularly shared information and discussion. The Society subscribed to the Charity Excellence
framework that was useful in providing guidance on policies and funding and teamed up with Falmouth School of Art lo
produce merchandise designs. Additionally the Society was represented on several local nature conservation bodies
contributing our the bird knowledge to the wider sphere of wildlife conservation in Cornwall.
Volunteer recruitment is one of the challenges facing many voluntary organisations. and Ihis was mirrored within the
Society. There were two vacant Officer positions at the end of 2024, Field meetings and Youlh Engagement which has
meanl that we haven't been able to fully develop these areas of our work.
The trustees and directors meet in person bi-monthly to ensure the smooth running of the Society and ensure
procedures are in place to mitigate any identified risks to the charity.

Page 2
CORNWALL BIRDWATCHING & PRESERVATION SOCIETY
DIRECTORS REPORT FOR THE YEAR ENDED 31st December 2024
Flnancial Reviow
The Society continued to support its key activities financially. Financial reserves are held in order to ensure that in the
short term income fluctuations do not disrupt the continuity of the Society's main activities. These activities were and
continue to be..
a. The publication of "Birds in Cornwall"
b. The publication of the quarterly magazine "Palores"
c. Enhancement of the Societ￿5 website.
d. The continuing management for conservation of our nature reserves.
The Society's policy is to hold funds sufficient to cover one yeals general running cosls and Iwo year5, cosls for the
continuing management for conseNation of the Society's nature reserves. In addition. the Society should seek to hold
funds sufficient to take advanlage of future opportunities to purchase additional nature reserves.
The Society continues to maintain sufficient funds to meet the publication and distribution costs of all outstanding issues
of "Birds in Cornwall" as well as maintaining financial reseNes lo meel planned conservation costs.
The Director5 review financial reserves on an annual basis against current policy and in the light of current
circumstances. The financial reserves from all funds at 31st December 2024 were £259,597 as shown in note 11 of the
Societys aGGounts. The Directors are of the opinion that this sum falls within the agreed policies of the Society.

Page 3
CORNWALL BIRDWATCHING & PRESERVATION SOCIETY
DIRECTORS REPORT FOR THE YEAR ENDED 31st December 2024
Directors
The Directors who served during the year were..
B J Taggart
P Roseveare
Chairman
Vice Chairman
Secretary l Trustee
Secretary
Treasurer
N J Watmough
D A Bloomfield
S J Ashby
AMLea
Board Secretary
Trustee
D K Parker
A C Blunden
Conservation Officer
Edilor Birds in Cornwall
P Taylor
D R Collins
Trustee
J L Goodair
Membership Secretary
Webmaster
Trustee
M Grantham
C Mason
B Bosisto
County Recorder
Publicity Officer
R Castillo¥Nicholls
Addres
for Corres
ondence
CBWPS Glo 1 Retyn Barn, Summercourt, Newquay, TR8 5DE
Inde
endent Examiner
Mr S G Hawkey of Whitakers, Bryndon House, sn Bery Road, Newquay TR7 1AD.
Bankers
CAF Bank Limited
Bruce Taggart
(Chairman)
On behalf of the Board
Dated.. 28th June 2025

Pagg 4
CORNWALL BIRDWATCHING & PRESERVATION SOCIETY
REGISTERED CHARITY No 1144724
INDEPENDENT EXAMINERS, REPORT TO THE TRUSTEES OF THE
CORNWALL BIRDWATCHING AND PRESERVATION SOCIETY
I report on the financial statements of the SoGiety for the year ended 31st December 2024 whiGh are
sel out on pages 5 to 10.
Respective responsibilitles of Trustees and Examiner
The trustees (who are also the directors of the company for the purposes of company law) are responsible
for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year
under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under Part 16 of the Companies Act 2006 and is
eligible for independent examination, it is my responsibility to..
examine the accounts under Seclion 145 of the 2011 Act;
lo follow the procedures laid down in the General Directions given by the
Charity Commission (under Section 145{5){b) of the 2011 Act-, and
to stale whether particular matters have Come to my attention.
Basis of Independant Examinorn. Ststement
My examination was carried out in accordance with the General Directions given by the Charity
Commissioners. An examinalion includes a review of the accounting records kept by the Charity and
a comparison of the accounts presented with those records. 11 also includes consideration of any
unusual items or disclosures in the accounts, and seeking explanations from the Irustees
concerning any such matters. The procedures undertaken do not provide all the evidence that would
be required in an audit, and consequenlly no opinion is given as to whether the accounts present a true
and fair view and the report is limited lo those malters set out in the slalement below.
Independent Examlnerfs Statement
In connection with my examination, no matter has come to my attention..
1. which gives me reasonable cause to believe that, in any material respect, the requirements..
to keep accounting records in accordance with section 386 of the Companies Act 2006. and
to prepare accounts which accord with the accounting records. comply with the accounting
requirements of Ihe Companies Act 2006 and with the methods and principles ofthe Statement
of Recommended Pra¢tice'. Accounting and Reporting by Charities (revised 2005) have nol been
met. or
2. lo which, in my opinion, attention should be drawn in Order to enable a proper understanding
of the accounts to be reached.
.. S.Fkn
WHITAKERS
Chartered Accountants
517 Berry Road
Newquay
Comwall
Dated..
22T￿ 2cJz£

Page 5
RNWALL BIRDWATCHING & PRESERVATION S
CIETY
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31st December 2024
Unrestricted Restrictsd
Funds
Funds
2024
2024
Totsl
Funds
2024
Unrestricted Restricted
Funds
Funds
2023
2023
Total
Funds
2023
Notes
Income
Income from gengratsd funds
Membership Subscriptions
Legacies & Donations
Activili&s for g9neraling funds..
High Level Stewardship- Walmsley
Investm8nl incoma.-
Interest Receivabl8
Incorne from charltable actlvlties
Sale of publications, advertising & key8
27.095
48,258
27,095
48.958
24.999
1.802
24,999
6,010
700
4.208
5811
5.811
4148
4,148
1.897
1,897
990
990
Total In¢omg
83.061
700
83,761
31,938
4,208
36,146
Expenditur•
Costs of raising funds
Costs of generating voluntary income
Charitsble activities {inc Reservo mana9ementi
1.489
1,489
736
736
27,612
1,531
29,143
31.501
3,691
35,191
Total Resources Expended
29,101
1,531
30.632
32,237
3,691
35,928
Net Incoming re80urce8 for thg ygar
53,960
18311
53.129
{298}
517
219
Net movornonl in funds
53.960
{8311
53,129
12981
517
219
Tran8fer8 botWOgn funds
53,960
(831)
63.129
12981
517
219
Reconciliation of Fund8
Total funds brought forward
2022 Adjustment (membership Sec Pety Cash
Roundlng Adju$trnont
192,104
14.350
206,454
192,487
-88
13,833
206,320
-88
Totsl fund$ carriod fovward
246,060
13.519
259.579
192,104
14,350
206.454

Pag• 6
CORNWALL BIRDWATCHING
PRESERVATION S
CIE
BALANCE SHEET AS AT 31•t De¢ernber 2024
2024
2023
Notes
FIXED ASSETS
Tanglbl• A8$ets
109.187
92,386
CURRENT ASSETS
Debtors and P￿paYM￿nts
Cash at Bank and In hand
4.278
150.798
4,456
113.635
1SS.076
118,092
TOTAL ASSETS
264.263
CURRENT LIABILITIES.. Amounts falllng
Ilug wlthln one year
Subscriptions in Advanc¢
Creditors and Accruals
3.694
1.090
3,979
44
4.684
4,023
NET CURRENT ASSETS
160.392
114,Cfj9
TOTAL NET ASSETS
E 269,579
£ 206,455
REPRESENTED BY
Unrestricted Funds
Accumulated Fund
Designated Funds
10
135.319
110.741
98,214
93.891
246,060
192,105
Restricted Funds
13.519
14,350
£ 269,579
£ 206,455
The CLJrnpany is entitled to &xemptlon from au¢Jlt untjer Section 477 of the Companies Act 2006 for the year ended 3151 December 2024.
The Members have not requlre(1 thg company to obtsin an audit of Its finanaal ststements for the year ended 31st De¢ernber 2024 in
accordance ￿th Se¢tlon 476 01 the Companies Act 2006.
The directors acknowledge their re8pon8lbil￿e6 for..
al ensuring Ihal the company keeps accounting records which cornpty with Sectlons 386 and 387 ofthe Companles Act 2008 and
bl preparing finanGial statement5 which give a Irue and fair view of the stste of affairs of the company as at Ihe end of each
financial year and of ils mtsvement in funds for each financial year in accordance with the requirements of Sections 394 and 395 and which
Othe￿&S$ ¢omply ¥￿h the requirements ol Ihtr Companies Act 2006 relating lo financial slalements, so far as applicable to the company.
Tho financial statements havo been prepar9d In accordance vAlh the provisions applicable to sm811 companie5 subject lo sm811
companigs reglme and in oc¢tsrd8n¢e with FRS 102 SORP.
Approve¢ by the Board
Dire¢tors.'
B Tagyart
S J Ashby
Dalpd..
28th June 2025

Page 7
CORNWALL BIRDWATCHING & PRESERVATION SOCIETY
STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31st December 2024
2024
2023
Cash from operating actlvities - see[1J
31,351
(5,235)
Cash flows from investing activities
Interest Income
5,811
4,148
Cash provlded by investlng actlvities
5,811
4,148
Increasel(Decrease) in cash and cash equivalents in the year
37,162
(1,087)
Cash and cash equivalents at the beginning of the year
113,636
114,723
Total cash and cash equlvalents at the end of the year
150,798
113,636
Reconciliation of net movement in funds to net cash from o
eratin
actlvities
2024
2023
Net movement in funds
{Increase)IDecrease in Fixed Assets
Add back depreciation charge
Deduct interest shown in investing activities
(Increase)IDecrease in debtors
Increasel(Decrease) in creditors
Rounding Adjustment
Net cash from operating actlvitles
53,129
(17,000)
199
(5.811)
178
661
(51
31,351
219
785
(4,148)
(1,318)
(778)
(5,235)

Page B
CORNWALL BIRDWATCHING & PRESERVATION SOCIETY
TE
TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st December 2024
1. ACCOUNTING POLICIES
a. G•noral
The financial statements have been prepared under ihe historical cost convention and in accordance with applicable Accounting Standards and
the Staternent of Recommend8<1 Practice on Accoun￿ng by Charities.
b. Doprnclatlon
Depreu81Son of fixed asset5 held for usa by the charlty is Calculated oft the straight line basi5 at the following rales based on the estimated usofvl
life of those fixed a55ets as follows..
General Equipment 10% per annum
Computer Equipment 33 113 Y¢ per 8nnum
Viewino Equipmont 10¥0 per annum
Hides
10'h per annum
Freehold Reserves
None
c. Cash at bank and In hand
Cash al bank and in hand indude5 cash and short term deposlts wlh a short malurfty of 30 d3ys or les8.
d. Sub8crlptlon6
Subscriptions are recognised in the ￿riod to which they relatfj. 8x￿pt for $ubs¢rfpllons for life membership which are amortised over 15 to 20
years
Unr•strlct•d Fund¥
Unrestricted fvnd5 are grants and other in¢omlng resource5 receivable or generaled for the oblKts of thg ¢harlty ¥￿thOut further spetyfed
wrpose and are availabl& as g&ngral funds.
f. Gèneral Deslgnatgd Fund•
Designated lunds are unreslrfcted funds earmarked by thg Trusie8$ for partlcular purposes. The use of such funds is al the Trustees, disuelS9n.
g. Freehold Property D•819nated Fund•
The Freehold Property d9$ignalerJ fund ￿preSentS the arnount of unrestrf¢ted funds Invested in f￿ehol1j proFerty
h. R•strl¢t•d Fund•
Reslricied funds are lo be used tor $pe¢ific purposes as laid down by the donor. EKP9ndllure which meets these ¢rileria Ss ¢h8rged to the fvnd,
together wilh a fair allo¢aUon of supwrt costs.
2. MEMBERSHIP SUBSCRIPTIONS
2024
2023
Annual MembershSp
Life Membership
Gift Aid
23,022
21.008
385
362
3,688
3,629
£ 27.095 £ 24.999
3. LEGACIES & DONATIONS
Unretstrlcted Restrlcted
Funds
Funds
2024
Total
Unre$lrictgd Rostric
Funds
Funds
2023
Tolal
LegacS8s
FIPL Barn Owl Project
FIPL Payment owlng
Seabird Grant- Gull Ringing
Donations
46.775
46.775
2,468
508
532
700
4.208
2,468
508
532
2,502
8,010
700
700
1,483
48.958
1.483
48,258
1,802
1.802
700

Page 9
CORNWA
L BIROWATCH
TION 50CI
OTES TO THE FINANCIAL
TATEMENT
RTH
R ENDED 31 t
mb•r 2024
4. INCOMING RESOURCES FROM
CHARITABLE ACTIVITIES
Unrestrlcted Re8trtct•d
Funds
Funds
2024
Total
Unrestncted Restricted
Funds
Funds
2023
Tgtal
Sale ol"Birds in Comwall" and Library Stock
Sale ol Hide Key8
Sale of advertising Space
Consultancy
Teemill Sales Commission
Pin Badge Sales
Event Salg5
523
414
400
100
184
266
10
1,897 £
523
414
400
100
IB4
266
10
1,897 £
387
603
367
603
21
9>0 e
21
990
5. COSTS OF GENEIiATING VOLUNTARY INcoMe
2024
2023
Postsge
DI￿¢t Costs of Salè Itèms
Stationery & Printing Imèmbgfship Packs elc)
400
999
89
1,489 £
363
373
736
6. CHARITABLE ACTIVITIES
Unr•strlct•d Re8trlet•d
Funds
Funds
2024
Total
Unre¥trided Restricle
Funds
Funds
2023
Total
Publishing & printing"Bird$ in Cgrnwall.
Publishing & prints'ng'Pal0tsg'
Distribution (all publieationsl
Publicity IAdverti5in9
Consèrvation Projects
Gull Ringing
Vietor Simp$on PrvLe
Speakers
Re8erve Management Exp•ns••.'
Walmsley Sanctuary
Middle Amble Sanctuary
Maer Lake
Windmill
Drift
Low•r Tarnar Lake
Cirt Bunting¥
stithians
Marine Surv
Other
Wa1rn51ey Hide Keys
Insurance
Zoom l M8il¢himp Subscription
Li¢ence- Devoran Creek
Licen¢es- Web31te & Sofva
Website Development
Depreciation of tools
Depreciation of viewing ffjuipment
Oepreciatson of hides
Member Welfare
Membership Costs
Event Costs
Storgage unit costs
Roundin9 A¢jus¢ment
Governance ￿91$ (r￿le 71
6,996
2,896
6,926
681
soo
6,996
2,895
5.925
581
1.026
259
150
5,785
2.809
S.682
745
5.765
2.809
5.682
745
2,688
485
528
259
2,688
485
160
222
222
746
746
298
8,982
381
157
657
9.139
1.055
1,055
40
39
40
39
237
237
441
441
655
93
197
1.992
264
50
1.027
99
199
855
513
141
1.992
628
60
1.342
417
199
513
141
1,992
528
50
1,342
417
199
197
1.992
50
1,027
99
199
586
18
279
279
2,383
£ 27,612 E
2.383
1.537
1,531 E 29.143 £ 31,501 e
1.537
3,691 e 35.191
7. GOVERNANCE COSTS
2024
2023
Meeting roorn hire and c05ts
Filing fee
Legal fees
Bank charges
AGM Expensej
Accountsncy
508
34
620
381
253
588
£2.383
90
309
658
487
£1,537

Pagg 10
CORNWALL BIRDWATCHING & PRESERVATION SOCIETY
NOTES TO THE FINANCIAL STATEMENTS F
R THE YEAR ENDED
IstD
embor 2024
FIXED ASSETS
FREEHOLD VIEWING
LAND
EQUIPMENT
TOOLS
HIDES
TOTAL
Cost al beginning of y9ar
Additions during year
Cost as at 31112124
92,004
17,000
109,004
1,286
3,611
13,010
109,911
17,000
126,911
1,286
3,611
13.010
Depreciation al beginning of year
Provision for year
Dgprecialion at 31112124
1.286
3,229
199
3.428
13.010
17.525
199
17.724
1.286
13.010
Net Book Value 31112123
£ 92,004
382
£ 92.386
Net Book Value 31112124
£ 109.004
183
£109,187
9. RESTRICTED FUNDS
Balance
31112123
Incoming
Resour￿$
8alance
31112124
ExpenditLITe
Maer Lake Wetland
Natural History Museum-OPAL
Middle Amble Hide
Drift
Walmsley
Roy Phillips
Gull Ringing
Barn Owl Project
11,710
230
11,710
230
760
1,000
47
603
14.350
746
14
1.000
488
77
13.519
700
259
526
£ 1,531
700
10. UNRESTRICTED FUNDS
Balance
31112123
Incoming
Resources
Balance
31112124
Expenditure
Designated Funds
Freehold Propety
Nightjars
Victor Simpson Prize
Undgsignated Funds
Accumulated Fund
Rounding Adjustment
2022 Adjustment (membership $e¢relary owing)
92,004
1,000
887
17,000
109.004
1,000
737
11501
98.298
53.960
16,938
135.320
11)
1881
£ 192,105
88
£ 71,048
£ 16.788
£ 246,060
11. FUNDS ALLOCATION
Unrestricted Restricted
Funds
Funds
Total
Fund8
Fixed Assets
Nel Current Assets
Totsl Nfjt Assèts at 31st Deeembgr 2024
109,187
136,873
£246.060
109.187
150,392
£259.579
13,519
£ 13.519
12. DIRECTORS, REMUNERATION AND EXPENSES
2024
2023
Reimbursement of costs and expenses paid on behalf of the So¢iety
There are no DireGlor5' remuneration
696
4392
13. RELATED PARTIES
None