Shepreth Wlldlife Conservation Charlty Report and Unaudited Accounts For the year ended 31st March 2021 Shepreth Wildlife Conserwation Charity Registered charity number 1145477 Shepreth Wildllfe ConseThation Charfty Reports and Accounts Contents Trustees Report 1-12 Statement of Trustees responsibilities 13 Independent Examinerfs Report 14-15 Statement of Financial Activitles 16 Balance Sheet 17 Notes to the Accounts 18-21 Shepreth Wlldllfe Conservation Charity Charlty Informatlon Trustees Rebecca Willers Sally Willers Colin Taylor Jane Taylor Jeanette Richards Mike Hunter Liz Dams Yvonne Morrin Liz Bennett Ichairperson) Isecretaryl ITreasurerl Independent Accountants Taylor & Co. Chartered Certified Accountants The Sycamores 43 Kneesworth Street Royston Herts SG8 5A8 Business address and contart detalls c/0. Shepreth Wlldlife Park Station Road Shepreth Royston Herts SG8 6PZ Email.. swcc sh hwildlife ark.co. Registered Charity Number 1145477 Bankers Lloyds TSB The Cross 2 Melbourn Street Royston Herts SG8 9AB Governlng Document Constitution ## **SWCC Annual Report 2020 / 2021** ## **Report of the Trustees** During the ninth year (2020/2021) of operation the Charity, Trustees and volunteers have undertaken work falling within the following categories: 1. Raising funds through various means to donate to other charities whose aims are consistent with the Charity’s own, but have the local presence and expertise to achieve the Charity’s objectives. 2. Management of the SWCC Hedgehog Hospital. 3. Events successfully executed: Halloween Event and Santa’s Grotto. 4. Recruitment and training of staff and volunteers to manage the hedgehog programme. 5. Raising funds for the ongoing costs and repayment of loan for the SWCC Hedgehog Hospital. 6. Educating the general public about conservation projects supported by SWCC and the work of the SWCC Hedgehog Hospital ## **Achievements and Performance** ## **1. The Board of Trustees** The Charity has continued to raise funds for a variety of conservation causes in line with its aims and objectives. ## **2. Donations** The Charity raised and made donations to: - Furget-me-not (£350) - Wild Cats Alliance (£2,000) - Wildlife Vets International (£1,000) - Wildlife Conservation Fund ZAA (£1,450) - Red Panda Network (£1,050 & €250) - Northern Rangelands Trust (£825) ## 3. **SWCC Hedgehog Hospital** The Charity continues to make monthly repayments to reduce its ten-year loan. It also raises the funds required to keep the Hedgehog Hospital running efficiently. In the period 2020/2021 the hospital admitted 294 hedgehogs. We are proud to report the following data despite the disruption caused during the Covid pandemic. The success of this reporting period is credit to the staffing team and volunteers who continued to work hard during this time to ensure that high standards of welfare were maintained throughout the year. **SWCC Hedgehog Hospital Data Reporting Period 01.04.20 – 31.03.21** _***Current Position as at 05.05.21**_ ## **Exit Reasons % View** **----- Start of picture text -----**
In Care
DOA
2% 0% 11% 3%1% Total Release
Total Death
11%
Total Euthanasia
5%
42%
Unknown exits
5%
Homecare
Total Release <2
20% Total Euthanasia<2
Total Death<2
EXIT REASONS COUNT VIEW
122
58
32 33
10 4 14 14 1 6
In Care DOATotal Release Total DeathTotal EuthanasiaUnknown exits HomecareTotal Release <2Total Euthanasia<2Total Death<2
**----- End of picture text -----**
*Unknown exits are a combination of not completing the exit section of the paperwork and a few hedgehogs likely to be on homecare. An audit trail has been put in place by the HH Manager and these are currently being investigated to get the status of the files exit reasons updated. ## **Admission Reasons % View** **----- Start of picture text -----**
5%
0%
1%
Injured
3%
9% Out During the Day
Underweight
31% Unknown
26% Orphan
Other
Attack
Trapped
22%
3% DOA
**----- End of picture text -----**
## **Admission Reasons Count View** **----- Start of picture text -----**
100 92
90
80 75
66
70
60
50
40
26
30
20 14
9 8
10 4
0
0
InjuredOut During the Day Underweight Unknown Orphan Other Attack Trapped DOA
**----- End of picture text -----**
In an unprecedented year, and with solo working in the Hospital due to strict Covid working restrictions, 294 hedgehogs have been cared for. A seamless transition to homecare for those well enough to be moved has been instrumental in achieving this admission count whilst adhering to a maximum Hospital capacity of 30. ## **What If?** If all the hedgehogs currently recorded as ‘Homecare’ and ‘In Care’ are released the total release percentage will increase from 42% to 56%. **----- Start of picture text -----**
Exit Reasons 'What If' View %
In Care
DOA
0%1%
11%
Total Release
2%
0%
5% Total Death
5%
Total Euthanasia
Unknown exits
56%
20% Homecare
Total Release <2
Total Euthanasia<2
Total Death<2
**----- End of picture text -----**
## **The un-saveable and quick releases** The totals below show the numbers that have either passed within 48 hours of arrival or indeed have been released back within that time frame. These are calculated separately from the main totals to provide a clearer representation of exit totals. |**Death <2**|33| |---|---| |**Euthanasia<2**|6| |**Release<2**|1| |**DOA**|2| |**Total**|42| **Gender Split Information** **----- Start of picture text -----**
Gender Split Count
140
120
100
80
121
113
60
40 60
20
0
Male Female Not Sexed
Gender split % View
20%
Male
41%
Female
Not Sexed
39%
**----- End of picture text -----**
In some instances, it is truly impossible to identify the gender due to the injuries present or the passing position of the deceased. 42 out of the 60 ‘Not Sexed’ hedgehogs are still ‘In Care’. As the Hedgehog’s journey ends with us the gender can be updated and reflected in the totals above. ## **% Survival Information by Age** This is purely based on the approximate age upon arrival category. The above shows the release count and % of survival depending on the age category only. ||Count|Released|%
Survival| |---|---|---|---| |Urchin|92|68|73%| |Juvenile|102|40|39%| |Adult|33|12|36%| |Senior|12|3|25%| |Not Specified|55|0|0%| |Total|294||| This view does not consider the reason for admittance. Urchins have the greatest chance of survival, the same as last year. 42 files are still to be recorded and that will further define this picture. ## **% Survival Information by BCS** |||Survival| |---|---|---| |BCS||%| ||1|10%| ||2|38%| ||3|67%| ||4|61%| ||5|100%| ||||||||BCS|Survival
%| |---|---|---|---|---|---|---|---|---| ||||||||1|10%| ||||||||2|38%| ||||||||3|67%| ||||||||4|61%| ||||||||5|100%| |**BCS**|Count
Total
by
BCS|Death|Euthan.|DOA|Release|Unknown||| |**1**|10|8|1|0|1|0||| |**2**|102|54|7|1|39|1||| |**3**|104|25|7|2|70|0||| |**4**|13|2|2|1|8|0||| |**5**|1|0|0|0|1|0||| The above split shows exit reasons based purely on BCS (Body Condition Score). Hedgehogs with a BCS recorded as 3, 4 or 5 are more likely to survive, however this view does not take into consideration the reason for admittance or approximate age. This view will be further defined this year. ## **% of Death by BCS and Admittance Reason** |**Death**
**Totals**|**Injured**||**ODD**||**UDW**||**Urchin**||**Other**||**Unknown**|| |---|---|---|---|---|---|---|---|---|---|---|---|---| |8|**1**|0|**1**|6|**1**|1|**1**|0|**1**|1|**1**|0| |52|**2**|2|**2**|35|**2**|1|**2**|9|**2**|1|**2**|4| |25|**3**|1|**3**|15|**3**|0|**3**|4|**3**|5|**3**|0| |2|**4**|0|**4**|1|**4**|0|**4**|1|**4**|0|**4**|0| |0|**5**|0|**5**|0|**5**|0|**5**|0|**5**|0|**5**|0| By breaking the BCS totals for death (excluding euthanasia), down a step further and considering the admittance category shows: Hedgehogs that are ‘Out During the Day’ (ODD), for BCS 1-4 are less likely to survive. This is the same view as year 19 to 20. Work will continue this year to introduce the age upon arrival into this matrix. From this view, standard treatment plans upon admission may improve the chance of survival i.e. always give a certain % deficit of s/c fluids suitable to the BCS. Suggestions can be put forward to the HH Vet for consideration. ## **Exit Weight & Days in Hospital - Audit Information** ||||**Year by Year Counts**|**Year by Year Counts**||| |---|---|---|---|---|---|---| |||||||| |**Exit Weight**|**2015 to 16**|**2016 to 17**|**2017 to 18**|**2018 to 19**|**2019 to 20**|**2020 to 21**| |**>1000**|38|126|271|176|25|8| |**>1200**|7|52|149|44|6|0| |**>1300**|1|29|90|25|0|0| |**>1400**|0|16|46|10|0|0| |**>1500**|0|2|25|4|0|0| |**>1600**|0|1|6|1|0|0| |**>1700**|0|0|2|0|0|0| |**>1800**|0|0|2|0|0|0| *Exit weights have further improved. Hedgehogs are not leaving the hospital obese. *Calculated on exit weights for released hogs. |**Days in**
**Hospital**|||**Year by Year Counts**|**Year by Year Counts**|**Year by Year Counts**|| |---|---|---|---|---|---|---| |||||||| ||**2015 to 16**|**2016 to 17**|**2017 to 18**|**2018 to 19**|**2019 to 20**|**2020 to 21**| |**>200**|20|23|99|1|8|18| |**>250**|9|7|29|0|5|3| |**>300**|5|4|9|0|2|2| |**>350**|5|2|4|0|2|0| *Days in care have increased since year 19 to 20 for >200 days. 11 of those are in ‘off site’ accommodation and have been allowed to over winter, giving hedgehogs an opportunity to display natural behaviour. *Calculated on days currently in care. ## **Year Overview** ## **Number of hedgehogs admitted per month and their final destination.** ||**Count**|**Death**|**Release**|**Euthanasia**|**DOA**|**Homecare**|**In Care**|**Unknown**| |---|---|---|---|---|---|---|---|---| |**April**|1|0|0|1|0|0|0|0| |**May**|13|3|7|2|0|1|0|0| |**June**|35|12|18|4|0|1|0|0| |**July**|77|14|56|4|2|0|0|1| |**Aug**|27|9|14|1|1|0|0|2| |**Sept **|48|21|16|3|1|3|1|3| |**Oct**|36|13|5|4|0|10|3|1| |**Nov**|21|8|1|0|0|9|1|2| |**Dec**|14|4|3|0|0|4|1|2| |**Jan**|5|1|2|0|0|2|0|0| |**Feb**|5|2|0|1|0|2|0|0| |**Mar**|12|4|1|0|0|0|4|3| |Totals|293|91|123|20|4|32|10|14| *Data calculated on the hedgehog’s admittance date period and their final destination. For five of the reporting months ‘Releases’ have exceeded the total number of deaths and euthanasia’s combined. ## **Report of the Trustees (continued)** ## **3.1 Staffing** SWCC employs a Hospital Manager and two part-time Welfare Assistants. Volunteers are continually recruited and trained to maintain the hospital on a seven-day/week basis, with an out of hours phone service available to the public. ## **3.2 Release Programme** At the time of reporting, 123 hedgehogs were successfully released back to the wild. ## **3.3 Hedgehog Scientific Advisory Board (HSAB - Research)** The SWCC Hedgehog Hospital has continued to support student research projects by offering our data for desk studies. Research in the reporting period includes: - **Georgina Hopkins:** The aim of this research is to find out what the main clinical reasons are for hedgehogs being presented to veterinary practices and rescue centres in England and if there is a relationship between these clinical reasons and the hedgehog being able to be released following treatment. - **Lydia Michaelides:** The aim of this research is to survey and record the endoparasite species present in British hedgehogs entering wildlife hospitals. To ascertain the prevalence and burden of infection of these parasite species in these hedgehogs. To assess effects of habitat at rescue and previous antiparasitic treatment (and if available sex, weight at rescue, and time in captivity) on prevalence and burden of infection of each endoparasite species. - **Luke Yates:** The aim of this reasearch is to pinpoint exactly what parameters make a hedgehog likely to survive a rehabilitation attempt, and which specifically are the most important influences. Using records of 500 hedgehogs admitted to SWCC Hedgehog Hospital between the 1[st] January and 31st December 2016, the impact of several variables, including body condition score, weight, and burden by both ectoparasites and endoparasites, will be investigated on the outcome of rehabilitation attempts of admitted hedgehogs, be it death, euthanasia, or successful release. All SWCC Hospital data, dating back to 2012 was sorted and filed in the Hospital Loft. ## **3.4 Hedgehog Helpline** SWCC staff man a hedgehog helpline. ## **4. Website** The SWCC website (www.swccharity.org) was updated in 2020 during the Covid lockdown to incorporate an educational area for children and schools (EDUCATION CORNER), and an information area for rescue and general hedgehog care (ADVICE). ## **5. Fundraising** ## **5.1 Grants and funding** The committee continued to meet virtually during the pandemic to discuss grant applications and possible fundraising events. Regular fundraising event days were postponed for the year in line with government guidelines. Grants were applied and received from: - Animal Friends Insurance - Dead Happy Insurance - Jean Sainsburys Animal Welfare Trust - MS Rickard Animals Charity - Zoological Society of Hertfordshire (Paradise Wildlife Park) And after the year end: - The Jack Patston Charitable Trust Funding was also received from: - South Cambridgeshire District Council - CAF - Marshalls - Gift Aid - Via private donors on Virgin Media and JustGiving - Via private donors on Amazon, PayPal ## **5.2 Hedgehog Ambulance** Buckingham & Stanley Group – MG and Subaru Cambridge, have continued to donate, tax and service the use of a vehicle to be used as an ambulance for collecting and releasing hedgehogs. ## **6. Media** The SWCC Hedgehog Hospital continues to receive good media coverage, and SWCC staff and volunteers maintain a successful social media presence. ## **7. Education** An educational section was added to the website: http://www.swccharity.org ## **8. Community** Community plays a large part of what we do, with training volunteers and students to help with the hedgehog programme and advising people on making gardens wildlife-friendly. This work was restricted in 2020 in line with government covid guidelines. However, the programme was able to deliver some virtual tours of the projects, in addition to virtual talks given to groups. The Trustees and staffing team also facilitated a local group in initiating the start of a hedgehog friendly community group. ## ***COVID-19** The Hedgehog Hospital closed to the public on 21[st] March 2020 on government advice in the wake of the Coronavirus pandemic. The programme was moved to off-site satellite carers and staff. The three members of staff remained employed during this period. When restrictions were lifted the programme moved back into the hospital and lone working resumed with a limit on admission capacity to safeguard the welfare of staff and hedgehogs. ## **Report of the Trustees (Ends)** Shepreth Wlldlife Conservatlon Charlty Report of the Trustees (continued) Flnanclal Revlew The financlal accounts are set out on pages 16 - 21. The financial statement has been prepared implementing the Statement of Recommended Practice for Accountin8 and Reporting by Charities issued by the Charity Commi55ion for England and Wales leffective April 2CQ5} and in accordance wlth the Financial Reporting Standard for Smaller Entitie5 leffertive January 20051. During the perlod the principol sources of fundin8 were fundralsing and donations. The Statement of Financlal Activities shows net income of £31,716 which added to the reserves brought forward of £36,508 make total reserves of £68,224 at the year end. The Restricted funds total £7,881 IHedgeho8s Nll, Elephants £941. Research £1,535 and Shepreth Wildlife Park £25,814) which leave5 free reseNe5 of £39,934. The Trustee5 are satlsfied that these reserves are Sufficient at the present time. Plans for futuie years The Charity experts to increase its fund-raislng and obtain grants to pay for the h05Pltals running costs, employ staff and to allow It to continue to donate to other charities. This report was approved by the board of Trustees on ￿ July 2021. Chair 12 Shepreth Wlldllfe Conservatlon Charity Statement of Trustees Re5PODsibilities Charity Law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affalrs of the charlty as at the balance sheet date and of Its incoming resources and application of resources, including Statement of Financial Activities, for the financial year. Ir) preporing those financial statements, the management committee should follow best practlce and: select suitable accounting policie5 and then apply them consistentty: make judgement5 and estimates that are reasonable and prudent.. and prepare the financial statement5 on the Boing concern basls unless 11 Is inappropriate to assume that the charity will continue on that basi5. The trustees are responsible for maintainlng proper accountlng records whlch disc105e with reasonable 8ccuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention 2nd detectlon of fraud and other Irregularltles. This report was approved by the Board of Trustees on 7, July 2021. Chair 13 Shepreth Wlldllfe Con5ervatSon Charlty Independent Examlnerfs Report Report of the Independent Emamlner to the trustees on the Unaudlted accounts of th¢ charity for the year ended 31Jt March 2021 I report on the accounts of the company for the year ended 31" March 2021, which are set out on pages 16 to 21. Respective responsibilities of trustees and èxamin*r The charivs trustee5 are responsible for the preparatlon of accounts. The charity's trustees consider that an audit is not required for this period under sectlon 144 of the Charltles Act 2011 (the Charitie5 Actl and that an independent examination is needed. The charitvs gr055 income did not exceed £51)J,000 although the charivs trustees have requested that an Independent examiners report Is undertaken. l am qualified to undertake the examination by being a qualified member of The Association of Chartered Certified Accountant5. Having satisfled myself that the charlty Is not subject to an audlt under Charities Commlsslon law and Is eligible for independent examination, It Is my responsibility to: examlne the accounts under section 145 of the Charities Act: to follow the procedures laid down in the general d1￿ctIonS glven by the Charlty Commission (under 5ectlon 14515llbl of the Charltles Act,. and to state whether partScular matters have come to my attention, Basls of Independent examlnerfs statement My examination was conducted in attordance with general directions given by the Charity Commission. An examlnation 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 seeklng explanations from the trustees concerning any such matters. The procedures undertaken do not provide 11 the evidence that would be required in an Hudit, and ¢onsequently no opinion is given as to whether the accounts present a 'true and fairf view and the report is limited to those matters set out in the statement below. 14 Shepreth Wlldllfe Conservation Charity Independent Exarninerf5 Report {¢ontlnued} Independent Examinerfs ststement In connection with my examination, no matter ha5 come to my attentlon: which gives me reasonable cause to believe that, In any materlal respect, the requirement5-. to keep accounting records in accordance with section 130 of the Charities Act: to prepare accounts which accord wlth the accountin8 records and complv with the accounting requirements of the Charities Act have not been met,. or to which, In my opinion, attention should be drawn in order to enable a proper understsnding of the accounts to be reached. A.G. Winter FCCA Taylor & Co. Chartered Certifled Account5 The sycamores 43 Kneesworth Street Royston Herts SG8 SAB Date.. 7th July 2021 15 ChvJtyTr*Jmbw.' 1145471 YMI Enthd 3111 hl•rch2021 UnroKtriEtid Fund6 Pthid• Pund• Fynds Shtyr•*h Hodgbw R1dP￿dI Otsr FUMIV 2020 IB,9T5.7T 10.fjfj9ffj8 3,M.37 13.6S5.eo 25M1375 55.449QB 4.Sm78 I3,￿5.60 10.CQOO) Vkl.10 ).181.16 11264.27 O.Al GMMO 1OmD.OD 29.629.16 ?&).c 25.113.75 B1,1È7.7U To#iin¢•mlrffj R¥•Ollrc 26111.59 13LI.OD 2S.b1175 83,e64.YJ 81 ￿7.20 rc•• EXPOnd*d 3,OCQ.00 1274ts3 JS0th) l.d50 39 4?a.L 892 92 SM5&77 75a40 Fundmblr 20.00 GqnDral ev Mospd*i•uFpI 1.756 1¢ 5.003.52 165.54 2,35&22 7th77 S.fy)332 E￿￿￿pMert W*biq D•Fc••I 1.943.97 1.943.97 26658 221AO AdmlnRvlrn¥on SWYw*y 27.865.75 214.00 27,￿.75 214. Cr￿n Iniuian¥ 447. 447.e 1.SY46 1.S54.28 .18 1.$$428 JIO.10 1.¥14 91 An￿lan￿O |muraTK• Logn Imeffjgt 1.th) 951.Dg rI￿OrNE 1.07 F￿￿r&$, F￿1r￿ ind Eq¥bw 2.933.00 3.Q52.51 2 933.OD 2,022.SD 1,274.53 350.40 1.450.3 81&00 51.98803 4&900.99 43 052.S1 .00 74.SJ 350.W 1450.39 810.00 4696095 Nel IncDm9tsrthèy4* TMréfeL* bet*ttnfiM¢s Tot￿ fundBtroW 2?,￿6.5$ - 14.910.92 16,29t.99 14.940.92 - 1.274.53 248.74 .00 - 1.450.39 33.78 3937 16.2 1￿75.02 1.02B.57 .B1J.75 31.710.47 14,01021 1,900.92 1,024.79 2141.80 OB 224.34 352Q7. .47 8hepr¢th Wildllfe Cons4rwatitrn Charlty Charlty Number: 1145477 Balance Shvet as at 315t March 2021 Notes 2021 2020 Fixed Assets Tangible A85¢ts 13} 32,267 35.20D Curr•nt Ass•ts Cash at Bank and in hand ,233 18.327 Sundry D¢btors 470 Credilor5.' knounls duewlhin one year 141 5208 403 Net Current Assets 39.495 10.924 Total A8sets f888 Current Liabilities 71,762 46,124 C￿dItors.. Amounts due over on¢ yoar 38 1fj FuThJ5 of Chgvlty Unrestricted fun¢J$ 39.934 28,627 Restricted fvndB.' Hedpho99 rig8rts 1,961 Red PaThJa 1.025 Oit•r 316 J$iralia Oay 1.415 Elephants 941 1,629 Re8eBrch 1,535 1,535 Sheprelh Wikllrfe P4 25.B14 Totsi Funds 68,224 36.508 17 Shepreth Wlldllfe Conservatlon Charlty Notes to the kcounts For the year ended 31st March 2021 Accounting polkles Basls of preparatlon of accounts The financial statements have been prepared in accordance with the Flnancial Reporting Standards for Smaller Entities IFRSSEI, effective April 2008, and all other applicable standards, as modified by the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales, effective October 2(Y)5. The accounts have been drawn up in accordance with the provisions of the Charitie5 Act and the Companies Act. The company has also taken advantage of the exemptiofi in Financial Reportin8 Standard No. I from the requirement to produce a cash flow statement. The Charity Is entirely dependent on donalions, fundraising and grants as a consequence the going concern basis Is also dependent on the continuation of donation5, fundraising and grants. The particular accounting policies adopted are set out below. A¢countlng conventlon The financial statements are prepared, on a goin8 concerrk basis, under the historical cost convention as modified by the revaluation of freehold land and buildings and fixed asset investments. Incoming Resources Incomin8 resources are accounted for on a receivable basis deferred a5 described below where appropriate. Grants are all included in voluntary income on the SOFA. Recognitlon of Ilabllltles Llabllitles are recognised on the accruals basis in accordance with normal accounting principles, modified where necessary in accordance with the guldance given In the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales. 18 Shepreth Wlldlife Con5ervatlon Charity Notes to the Accounts For the ￿ar ended 31X March 2021 (Contlnued) Resources Expended As specified by SORP120051, adopted during the year, resources expended includes 11 expenditure directly related to the objects of the charity and comprises the following:_ Cost5 of generating voluntary income The cost of generatin8 voluntary income comprises of an appropriate share of support costs associated with attracting and admini5terlng grants and donation5 received by the charity. Fundraising Costs Fundraislng cost5 comprise of goods and services obtained Specifically for fund rai51n8 activlties and events, and an appropriate share of the 5UPPOrt C05tS. Governance Costs Governance costs represent expenditure incurred in the general running of the charity and expenses incurred for compliance with charltable and statutory requirements, a5 well as an appropriate share of support costs. Flxed assets and depreclatlon Tangible fixed assets are stated at cost le55 depreciation. Depreciation has been provided at the followin8 rates in order to write off the a55et5 (less their expected residual value) over their estimated useful economic lives. A regular review of the Ilkellhood of a55et Impairment Is undertaken. Fixtures, Fltting5 and Equlpment Leasehold Property 25% straight line Over 20 years Taxatlon A5 a registered charity, it Is exempt from Income and corporation tax to the extent that its income and gains are applicable to tharitable purposes only. Value Added Tax is not recoverable by the charlty, and 15 therefore included in the relevant ¢ostS in the Statement of Financial Activities. 19 Shepreth Wildllfe Conservation Charity Notes to the Arcounts For the year ended 31 March 2021 {Continuedl Funds structure polky The charity maintains a general unrestricted fund which represent5 funds which are expendable at the discretion of the tru5tee5 in furtherance of the objects of the charlty. Such funds may be held in order to finance both working capital and capltal investment. Restrided funds have been provided to the charity lor particular purposes, and it is the policy of the board of trustees to carefully monitor the application of those funds in accordance with the re5trictlons placed upon them. There Is no formal policy on the allocatlon of fund5 to designated funds. There is no formal policy of transfer between funds. Any proposed transfer between funds would be considered in the particular circumstances. Windlng up or di5$01utlon of the charlty If upon wlnding up or dis501ution of the charlty there ￿maInS any assets the satisfaction of all debts and liabilitie5 the asset5 represented by the reserve5 shall be transferred to some other charitable body or bodies havln8 similar objects to the charlty. Tanglble Flxed Assets Leasehold Property Flxtures & Flttings Total Cost at I" April 2020 At 31" March 2021 Depreciation at l April 2020 Charge for the year At 31" March 2021 26.770 23.464 3,306 Net Book Value At 31" March 2021 At 31tt March 2020 Creditors: Amounts falllng due wlthln one year 2021 Z020 Sundry CreditorslAccruals Loan.. M. Hunter 2,903 20 Shepreth Wlldlife Consenratlon Charity Notes to the Accounts For the year ended 31" March 2021 (Continued) Creditors., Amounts falling due after one year 2021 2020 Loan M. Hunter 538 61 M. Hunter is a trustee of the charity. The loan is repayable over 10 years with an annual interest rate set at the current Bank Rate, which Is currently 0.50% but subject to change. Leaslng commltrnents The charity has now negotiated a lease for 20 years with the Wildlife Park. The rent due per annum will be £lOO. stsff numbers The average number of employees during the period under review was 3 {202￿3), 21