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2022-12-31-accounts

ANNUAL REPORT 2022

Trustees Annual Report Year ending 31 Dec 2022 Registered Charity 1146387

SUMMARY INFORMATION

Reference and administrative information

Charity Name: The Species Recovery Trust

Charity Number: 1146387

Address: 37 Albany Road, Salisbury, SP1 3YQ

Trustees: Jed Hamblin-Boone, Nicholas Berry, Fiona Jones-Perrott, Catherine Dyer.

Structure Governance and Management

In 2022 we

• delivered projects on 26 species

Type of governing document: Charity Constitution, registered with the Charity Commission on the 1st March 2012. There shall be no fewer than three trustees. New trustees must be members of the charity and are elected by the members in general meeting. The trustees may also appoint any person who is willing to act as a trustee.

Trustees are recruited to give the trust a diverse skill base, and represent the fields of business, law, education and environment. They are invited to sit in on one meeting before deciding whether to put themselves forward for election.

• expanded our species monitoring network and recorded dramatic recovery at some sites

Objectives and Goals

Matching our goals

Our stated aims are as follows:

‘To promote the conservation and protection of species on the edge of extinction in the UK for the public benefit and to advance the education of the public on issues concerning the conservation and protection of such species.’

The trustees have had regard to the guidance issued by the charity commission on public benefit.

2022 PROJECTS

The following pages detail the conservation highlights delivered (and challenges faced) by our team members.

Vicky Wilkins- Programmes Manager

The Species Recovery Trust has provided technical support to St Helena's endemic invertebrate conservation through Cloud Forest protection and invasive invertebrate control. Both have seen a range of successes in 2022, including the Critically Endangered Spiky Yellow Woodlouse being recorded for the first time in a restoration corridor. Specialist surveys have also resulted in two new spider

Bex House - Conservation Officer

Thanks to funding from Devon Environmental Foundation Buckfastleigh, Devon has been a hive of Deptford Pink activity in 2022. It has enabled us to undertake some much needed management of key sites, many of which are on steep south-facing slopes. Covid combined with changes in management practices has resulted in sites becoming overgrown with gorse, brambles and young saplings taking hold. On-going cutting and removing competing vegetation has proven to be a successful management technique in the long term.

Deptford Pink produces a lot of seeds and they seem to survive well in the soil bank. This year surveys recorded good population numbers and thanks to new signage and social media promotion we also learnt of new sites from local people. In north Cornwall, thanks to the ongoing hard work of our wonderful volunteer Maggie, Deptford Pink populations are being well managed and surveyed regularly.

Dr Trevor Dines - Conservation Officer (Wales)

During summer and early autumn 2022, all sites for Forked Spleenwort and Marsh Clubmoss in north Wales were surveyed. Forked Spleenwort has not been surveyed systematically in this way before and, although three small sites could not be refound, seven others yielded more plants than previous counts. Most sites held 14-28 plants, but one old lead mine held 442 plants, boosting the total population to 691 plants. Many of these were large, healthy plants producing plenty of spores. Further survey is planned to cover other older sites in mid-Wales, as well as detailed monitoring of one site to examine population turnover.

For Marsh Clubmoss, six sites were visited. Only three of these supported Marsh Clubmoss, with a total of 207 plants recorded. The vast majority were found in one site (144 plants) and 62 in another nearby where conservation management work is being undertaken. The third site had just one plant. It has disappeared from two other sites and the cation for final one appears to be a misidenti Lesser Clubmoss. This species is in a rather t from some

Dr Charlotte Carne - Conservation Officer

It has been a really exciting year for Green Tiger Beetle, as all 22 of our larvae emerged as healthy adults. SRT bred the beetles from a pair that were captured in 2020, with the larvae taking two years to develop in a purpose built enclosure at Sparsholt College. The Green Tiger Beetles have been bred as a proof of concept, to help develop a protocol to breed the rare Heath Tiger Beetles. Following success with the Greens, a pair of Heath Tiger Beetles were captured in the summer, but bizarrely the beetles were never observed mating. We will need to wait until next spring to be absolutely sure that they didn’t breed, but if not, we hope to try again next year with a new pair.

In the spring, we spent nearly two weeks searching for the elusive Cosnard's Net-winged Beetle, in both the South Downs and the Wye Valley. There are very limited records of this beetle, but we hoped that with so much survey effort we would be able to increase our understanding of both its distribution and ecology. However, over the two weeks we did not find a single beetle. It may be that the weather played a role in this, as it was not ideal for May, with overcast days and some periods of heavy rain. The changing climate may also have had an influence, causing the flight period for the beetle to shift to slightly earlier or later in the year. However, it really highlights the challenges of surveying for this species and we now exploring alternative approaches that may yield more results.

Claire Bending - Conservation Officer

Amongst the flurry of activity in what was an early, and short season for Field Gentian we had a surprising bit of news from a National Trust Ranger who does some monitoring for us in Wharfedale, in the Yorkshire Dales. In the Spring we had applied for a grant from the Yorkshire Dales National Park Authority for some wooden hurdles, which were used to make a small exclosure on National Trust owned common land in Upper Wharfedale. This area is heavily grazed by sheep and Field gentian was last recorded here in 2011. We had thought it would take several years for the gentian to recover, if it came back at all. However in July

made. fl

Dominic Price - Director

the habitat management at several sites, only to see populations fail under searing summer temperatures. However, several sites showed great resilience, and we were trilled to see the UK population of Starved Wood-sedge almost hit 700 plants, up from 160 when the charity started in 2012.fi Back in 2020 we became increasingly worried about declines of Marsh Clubmoss in the heaths of Dorset and the Thames Basin, and started working on a plan to return plants to sites where all other efforts have been exhausted for natural regeneration. The project plan is complex and involves working over 20 protected SSSI, and we were delighted to receive full consent for this work in the Autumn. Two weeks later we were out and moved the

Starved Wood-sedge UK population

The Dorset Marsh Clubmoss project, which started this year and is trialling techniques for translocation, is aiming to eventually bring plants back to sites where they have gone extinct.

Fran Holmes- Volunteers and Data Officer

2022 saw the recruitment of a Volunteer Co-ordinator whose job is to help recruit and retain volunteer site monitors. With Covid restrictions lifted, we have been able to run volunteer training events and have had many more records from volunteers submitted, with volunteers increasingly using the Geospike app to directly upload their records. All of this provides crucial data about the health of endangered species populations across the UK.

Holly Stanworth brought a lovely baby boy into the world in March, and we greatly await her return from maternity at the start of 2023!

Our training programme continues to expand, helping us

IN PRINT…

December 2022 saw the release of our latest field guide, covering Bryophytes, and we hope this book will bring the identification of this challenging group of plants into the mainstream. The release was hit by severe delays with both the printing process and dispatches, but by the end of the year we had caught up with strange sales leading up to Christmas. With the more varied range of guidebooks on sale we launched a brand new shop front on our website, which has also automated all the communications relating to sales, as well as allowing ‘cart’ purchases of multiple items.

…AND ONLINE

Our website had 18,849 sessions and 11,890 users (up from 15,756/9,252 in 2021).

FUNDRAISING

In total £93,802 was received as grants, (compared to £42,955 in 2021). We are hugely grateful to all these funders for supporting our work in 2022.

£24,500 RSPB St Helena Cloud Forest
£13,470 Natural England Species RecoveryFund
£12,000 St Helena National Trust St Helena Endemics Darwin
£6,700 UKOTCF Monserrat Homes for Wildlifeproject
£5,000 HenocqLaw Unrestricted funding
£5,000 Halpin Trust Scottishproject support
£4,600 Devon Env Foundation Deptford Pink Devon Project
£4000 Daniell Trust Volunteers Project
£3400 Ascension Island Government Support for Ascensionproject
£3,000 Cox Skuse Trust Unrestricted funding
£3,000 Ernest Kleinwoort TansyBeetle
£2,000 Bristol Zoo Cosnardii Beetle
£1,492 ESCC Lund Rampion Grant
£1,000 Walter Guiness Field Cow-wheat
£1,000 HDH Wills TansyBeetle
£1,000 J&P Salter TansyBeetle
£750 Woodroffe Benton Unrestricted funding
£750 John Lewis Unrestricted funding
£640 Chevron Green Consultancy Corporate sponsorship
£500 7 Pillars of Wisdom Tormentil miningbee

CHAIR - JED HAMBLIN-BOONE

GOVERNANCE

TREASURER - NICK BERRY

2022 marks another landmark for the charity, with our income exceeding the £200k limit, mainly bolstered by our ever growing training programme. Crossing the VAT threshold was inevitable, and has been time consuming, but it allows us to enter the next financial period as a fully setup business.

Our growth during Covid has left us feeling more secure that our finances and business model are robust, and will continue to underpin our work.

Never before has nature been in such desperate need. Global wildlife populations have plummeted by almost 70% in my lifetime alone, according to the WWF’s most recently published Living Planet Index.

I’m immensely proud to be part of the Species Recovery Trust; of its people, its partners and its excellent community of volunteers who work tirelessly to bring species back from the brink of extinction. This year has seen record numbers of people completing our training courses, many of whom we’re delighted to welcome back.

I look forward to the trust going from strength to strength in the years to come.

Summary Receipts and Payments accounts for the year ended 31 Dec 2022

Summary

£ £
Opening bank balance 160,435
Receipts 208,557
Payments -185,789
Net income 22,768
Closing bank balance 183,203

Declaration

Reserves Policy

Our current reserves policy is to hold at least two years’ running costs in our account, which is currently £100,000.

Statement of Assets and Liabilities

At the year end the total of the charity’s assets, including cash at bank, was £244,243 (of which £54,081 were restricted fund assets) and the total of the charity’s liabilities was £7,060.

The trustees declare that they have approved the trustees’ report above Signed on behalf of the charity’s trustees

JED HAMBLIN-BOONE , Chair

25/3/23

The Species Recovery Trust is a charity set up to tackle the loss of some of the rarest species in the UK.

There are over nine hundred native species in the UK that are classed as under threat, with several hundreds more currently widespread but known to be in significant decline.

The countryside is now bereft of many species that were a familiar sight a mere generation ago.

A small number of these species are on the absolute brink of existence, poised to become extinct in our lifetimes; our goal is to stop them vanishing.

Our aim is to remove 50 species from the edge of extinction in the UK by the year 2050. In addition we are reconnecting people with wildlife and the natural world through training programmes and awareness raising.

The Species Recovery Trust 37 Albany Road Salisbury SP1 3YQ 01722 322539

enquiries@speciesrecoverytrust.org.uk www.speciesrecoverytrust.org.uk Registered in England and Wales Charity 114387

THE SPECIES RECOVERY TRUST

(Charity Registration Number 1146387)

STATEMENT OF ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022

CONTENTS

Page

1. Independent Examiner's Report 2. Receipts and Payments Account 3. Statement of Assets and Liabilities 4. Notes

FLETCHER & PARTNERS

CHARTERED ACCOUNTANTS

SALISBURY

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ The Species Recovery Trust members of On accounts for the year Charity 31 December 2022 1146387 ended no

Set out on pages 2-4

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2022.

Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent I have completed my examination. I confirm that no material matters have examiner’s statement come to my attention in connection with the examination which gives me cause to believe that, in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: Nicola A Halls Date: 28-Mar-23 Name: Mrs N A Halls FCA Relevant professional Chartered Accountant qualification(s) or body:

Address: Fletcher & Partners

1

1146387

The Species Recovery Trust

Receipts and payments accounts

For the period To from 01/01/2022 31/12/2022

Section A Receipts and payments

A1 Receipts Unrestricted
funds
to the nearest
£
521
-
10,139
96,698
1,880
131
15,428
98
124,895
-
-
-
124,895
Restricted
funds
to the nearest £
-
-
83,662
-
-
-
-
-
-
83,662
-
-
-
83,662
Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Total funds
to the nearest £
521
-
93,801
96,698
1,880
131
15,428
98
-
208,557
-
-
-
208,557
Last year
to the nearest £
Donations 521 1,176
Coronavirus Job Retention Schemegrants - 12,934
Grants 10,139 42,955
Training 96,698 67,364
Supporter 1,880 1,440
Investment income 131 25
Books and other merchandise 15,428 11,038
Other income 98 134
Sub total(Gross income for AR) 124,895 137,066
A2 Asset and investment sales,
(see table).
- -
- -
Sub total - -
**Total receipts **
124,895 83,662 - 208,557 137,066

A3 Payments

Salaries andpension costs 57,814 43,241 - 101,055 56,771
Training- subcontractor costs 8,984 - - 8,984 8,950
Project delivery- subcontractor costs 6,605 47,488 - 54,093 30,212
Travel and subsistence 1,870 2,270 - 4,140 4,274
Consumables 2,672 - - 2,672 551
Books -printing, postage etc. 9,562 - - 9,562 7,708
Insurance and Accountancy 1,092 1,092 - 2,184 2,982
Various 3,099 - - 3,099 3,083
**Sub total ** 91,698 94,091 - 185,789 114,531
A4 Asset and investment
purchases, (see table)
Computer equipment and Website - - - - 2,429
- -
**Sub total ** - - - - 2,429
**Total payments ** 91,698 94,091 - 185,789 116,960
Net of receipts/(payments) 33,197 - 10,429 - 22,768 20,106
A5 Transfers between funds - 4,328 4,328 - - -
A6 Cash funds last year end 141,293 19,142 - 160,435 140,329
Cash funds this year end 170,162 13,041 - 183,203 160,435

2

The Species Recovery Trust 1146387

Statement of Assets and Liabilities

For the period
from
01/01/2022 To 31/12/2022 31/12/2022
Section B Statement of assets and liabilities at the end of the period
Categories
B5 Liabilities
B4 Assets retained for the
charity’s own use
B3 Investment assets
B2 Other monetary assets
B1 Cash funds
PayPal account
Money in transit
Other debts due to charity
Details
Website
Accruals (accountancy, pension, project
delivery)
VAT
Details
Computer equipment
Fixtures and fittings
Details
Total cash funds
Details
Grants receivable
Prepayments
Stock
Details
Co-operative bank current account
Co-operative bank reserve account
Unrestricted
funds
to nearest £
61,876
100,146
18
8,122
170,162
Unrestricted
funds
-
300
7,480
4,494
.
Fund to which
asset belongs
Fund to which
asset belongs
Unrestricted
Unrestricted
Unrestricted
Fund to which
liability relates
Unrestricted
Unrestricted
Restricted
funds
to nearest £
13,041
-
-
-
13,041
Restricted
funds
41,040
-
-
-
Cost (optional)
Cost (optional)
4,424
260
3,015
Amount due
(optional)
2,060
5,000
Endowment
funds
to nearest £
-
-
-
-
-
Endowment
funds
-
-
-
-
Current value
(optional)
Current value
(optional)
When due
(optional)
Accruals (accountancy, pension, project
delivery)
Unrestricted 2,060
VAT Unrestricted 5,000

3

1146387

The Species Recovery Trust

Notes

For the period
from
01/01/2022 To 31/12/2022

Section C Notes

There was £2,500 transferred from unrestricted funds to restricted funds during the year. This relates to money The Species Recovery Trust agreed with grantors to contribute to projects financed from restricted funds. There was also additional £1,828 transferred from unrestricted funds, which relates to excess expenses not covered by restricted income.

Signed by one or two trustees on behalf of all the trustees

Signature
Nicholas Berry
Print Name
Nicholas Berry
Date of
approval
Nicholas Berry Nicholas Berry 23/03/2023

4

THE SPECIES RECOVERY TRUST

(Charity Registration Number 1146387)

STATEMENT OF ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022

CONTENTS

Page

1. Independent Examiner's Report 2. Receipts and Payments Account 3. Statement of Assets and Liabilities 4. Notes

FLETCHER & PARTNERS

CHARTERED ACCOUNTANTS

SALISBURY

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ The Species Recovery Trust members of On accounts for the year Charity 31 December 2022 1146387 ended no

Set out on pages 2-4

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2022.

Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent I have completed my examination. I confirm that no material matters have examiner’s statement come to my attention in connection with the examination which gives me cause to believe that, in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: Nicola A Halls Date: 28-Mar-23 Name: Mrs N A Halls FCA Relevant professional Chartered Accountant qualification(s) or body:

Address: Fletcher & Partners

1

1146387

The Species Recovery Trust

Receipts and payments accounts

For the period To from 01/01/2022 31/12/2022

Section A Receipts and payments

A1 Receipts Unrestricted
funds
to the nearest
£
521
-
10,139
96,698
1,880
131
15,428
98
124,895
-
-
-
124,895
Restricted
funds
to the nearest £
-
-
83,662
-
-
-
-
-
-
83,662
-
-
-
83,662
Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Total funds
to the nearest £
521
-
93,801
96,698
1,880
131
15,428
98
-
208,557
-
-
-
208,557
Last year
to the nearest £
Donations 521 1,176
Coronavirus Job Retention Schemegrants - 12,934
Grants 10,139 42,955
Training 96,698 67,364
Supporter 1,880 1,440
Investment income 131 25
Books and other merchandise 15,428 11,038
Other income 98 134
Sub total(Gross income for AR) 124,895 137,066
A2 Asset and investment sales,
(see table).
- -
- -
Sub total - -
**Total receipts **
124,895 83,662 - 208,557 137,066

A3 Payments

Salaries andpension costs 57,814 43,241 - 101,055 56,771
Training- subcontractor costs 8,984 - - 8,984 8,950
Project delivery- subcontractor costs 6,605 47,488 - 54,093 30,212
Travel and subsistence 1,870 2,270 - 4,140 4,274
Consumables 2,672 - - 2,672 551
Books -printing, postage etc. 9,562 - - 9,562 7,708
Insurance and Accountancy 1,092 1,092 - 2,184 2,982
Various 3,099 - - 3,099 3,083
**Sub total ** 91,698 94,091 - 185,789 114,531
A4 Asset and investment
purchases, (see table)
Computer equipment and Website - - - - 2,429
- -
**Sub total ** - - - - 2,429
**Total payments ** 91,698 94,091 - 185,789 116,960
Net of receipts/(payments) 33,197 - 10,429 - 22,768 20,106
A5 Transfers between funds - 4,328 4,328 - - -
A6 Cash funds last year end 141,293 19,142 - 160,435 140,329
Cash funds this year end 170,162 13,041 - 183,203 160,435

2

The Species Recovery Trust 1146387

Statement of Assets and Liabilities

For the period
from
01/01/2022 To 31/12/2022 31/12/2022
Section B Statement of assets and liabilities at the end of the period
Categories
B5 Liabilities
B4 Assets retained for the
charity’s own use
B3 Investment assets
B2 Other monetary assets
B1 Cash funds
PayPal account
Money in transit
Other debts due to charity
Details
Website
Accruals (accountancy, pension, project
delivery)
VAT
Details
Computer equipment
Fixtures and fittings
Details
Total cash funds
Details
Grants receivable
Prepayments
Stock
Details
Co-operative bank current account
Co-operative bank reserve account
Unrestricted
funds
to nearest £
61,876
100,146
18
8,122
170,162
Unrestricted
funds
-
300
7,480
4,494
.
Fund to which
asset belongs
Fund to which
asset belongs
Unrestricted
Unrestricted
Unrestricted
Fund to which
liability relates
Unrestricted
Unrestricted
Restricted
funds
to nearest £
13,041
-
-
-
13,041
Restricted
funds
41,040
-
-
-
Cost (optional)
Cost (optional)
4,424
260
3,015
Amount due
(optional)
2,060
5,000
Endowment
funds
to nearest £
-
-
-
-
-
Endowment
funds
-
-
-
-
Current value
(optional)
Current value
(optional)
When due
(optional)
Accruals (accountancy, pension, project
delivery)
Unrestricted 2,060
VAT Unrestricted 5,000

3

1146387

The Species Recovery Trust

Notes

For the period
from
01/01/2022 To 31/12/2022

Section C Notes

There was £2,500 transferred from unrestricted funds to restricted funds during the year. This relates to money The Species Recovery Trust agreed with grantors to contribute to projects financed from restricted funds. There was also additional £1,828 transferred from unrestricted funds, which relates to excess expenses not covered by restricted income.

Signed by one or two trustees on behalf of all the trustees

Signature
Nicholas Berry
Print Name
Nicholas Berry
Date of
approval
Nicholas Berry Nicholas Berry 23/03/2023

4