## **Trustees’ Annual Report for the period**
## **From 01/07/2022 Period start date To 30/06/2023 Period end date Charity name: The Crocodiles of the World Foundation**
## **Charity registration number: 1153303**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**Attached**|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|**1. Supporting conservation**
**2. Supporting captive breeding of**
**endangered species**|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18||
## **Additional information (optional)**
You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment **0** Para 1.38 Contribution made by volunteers Other
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**Funds donated to the following**
**conservation programs.**
**1. £1500.00 donated to Komodo**
**survival program**
**2. £2540.20 donated to Galapagos**
**Conservation Trust**|
**Additional information (optional)** You may choose to include further statements where relevant about:
||||
|---|---|---|
|Achievements against
objectives set|Para 1.41||
|Performance of fundraising
activities against objectives
set|Para 1.41||
|Investment performance
against objectives|Para 1.41||
|Other|||
## **Financial Review**
Review of the charity’s Para 1.21 **Good position with plenty of funds.** financial position at the end of the period
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**Held ready to support animal**
**conservation when needed**|
|---|---|---|
|Amount of reserves held|Para 1.22||
|Reasons for holding zero
reserves|Para 1.22|**n/a**|
|Details of fund materially in
deficit|Para 1.24|**n/a**|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**None**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
The charity’s principal sources of funds (including Para 1.47 any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted A description of the principal Para 1.46 risks facing the charity Other
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|**Memorandum of articles and**
**association**|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**Limited company by guarantee**|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**Elected**|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other
## **Reference and Administrative details**
|Charity name|The Crocodiles of the World Foundation|
|---|---|
|Other name the charity uses||
|Registered charity number|1153303|
|Charity’s principal address|Burford Road
Brize Norton
Oxon
OX18 3NX|
|||
**Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|---|---|---|---|---|
||Steve Foggett||||
||Nick Wells||||
||Chris Hoyles||||
||||||
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## – Corporate trustees names of the directors at the date the report was approved
**Director name**
Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year**
## **Funds held as custodian trustees on behalf of others**
Description of the assets n/a held in this capacity Name and objects of the n/a charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for n/a safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
|**Type of**|**Name**|**Address**|
|---|---|---|
|**adviser**|||
**Name of chief executive or names of senior staff members (Optional information)**
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s) Full name(s)** Stephen Foggett **Position (eg Secretary,** Trustee **Chair, etc) Date** 04/03/2024
Charity number: 1153303
Company number: 08304958
(England and Wales)
Crocodiles of the World Foundation Ltd
Report of the Trustees and Unaudited Financial Statements
For the year ended 30 June 2023
Crocodiles of the World Foundation Ltd Contents Page For the year ended 30 June 2023
|Report of the Trustees|1|
|---|---|
|Independent Examiner's Report to the Trustees|2|
|Statement of Financial Activities|3|
|Statement of Financial Position|4|
|Notes to the Financial Statements|5 to 9|
|Detailed Statement of Financial Activities|10|
Crocodiles of the World Foundation Ltd Report of the Trustees
For the year ended 30 June 2023
The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the financial statements for the charitable company for the year ended 30 June 2023. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
## **REFERENCE AND ADMINISTRATIVE INFORMATION**
**Name of Charity** Crocodiles of the World Foundation Ltd **Charity registration number** 1153303 **Company registration number** 08304958 **Principal address** Foxburry Farm Burford Road Oxon OX18 3NX **Registered address** Angel House Hardiwck Witney Oxon OX29 7QE
## **Trustees**
The trustees and officers serving during the year and since the year end were as follows:
Mr Stephen Foggett Mr Chris Hoyles Mr Nicholas Wells **Independent examiner** Snedkers Accountancy Services Ltd Angel House Hardwick Witney Oxon OX29 7QE
Approved by the Board of Trustees and signed on its behalf by
............................................................................. Mr Stephen Foggett
04 March 2024
1 of 10
Crocodiles of the World Foundation Ltd Independent Examiners Report to the Trustees
For the year ended 30 June 2023
I report to the trustees on my examination of the accounts of the charitable company for the year ended 30 June 2023.
## **Responsibilities and basis of report**
As the charity Trustees, who are also directors for the purposes of company law, are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiners statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Snedkers Accountancy Services Ltd Angel House Hardwick Witney Oxon OX29 7QE
04 March 2024
2 of 10
## Crocodiles of the World Foundation Ltd
## Statement of Financial Activities (including Income and Expenditure Account) For the year ended 30 June 2023
|**Notes**
**Income and endowments from:**
Charitable activities
2
**Total**
**Expenditure on:**
Charitable activities
3/4
**Total**
**Other recognised gains/losses**
Gains/(losses) on revaluation of
fixed assets
**Net movement in funds**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**£**
28,239
**28,239**
(25,596)
**(25,596)**
-
**2,643**
539,777
**542,420**|**2022**
**£**
787,785|
|---|---|---|
|||**787,785**|
|||(849,084)|
|||**(849,084)**|
|||(50,649)|
|||**(111,948)**|
|||651,725|
|||**539,777**|
3 of 10
Registered Number : 08304958
Crocodiles of the World Foundation Ltd Statement of Financial Position
As at 30 June 2023
|**Notes**
**Fixed assets**
Tangible assets
8
**Current assets**
9
Debtors: amounts falling due within one year
Debtors: amounts falling due after more than one year
9
Cash at bank and in hand
**Creditors: amounts falling due within one year**
10
**Net current assets**
**Total assets less current liabilities**
**Creditors: amounts falling due after more than one year**
11
**Net assets**
**The funds of the charity**
Unrestricted income funds
12
**Total funds**|**£**
**2023**
(1)
**(1)**
-
75,694
495,235
**570,929**
(9,999)
**560,930**
**560,929**
(18,509)
**542,420**
542,420
**542,420**|**£**
**2022**
-|
|---|---|---|
|||**-**|
|||31,603
79,077
483,586|
|||**594,266**|
|||(23,429)
**570,837**|
|||**570,837**|
|||(31,060)|
|||**539,777**|
|||539,777|
|||**539,777**|
For the year ended 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
- The members have not required the company to obtain an audit of its accounts for the year in question in
- accordance with section 476,
- The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to
- accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
Mr Stephen Foggett Trustee 04 March 2024
4 of 10
## Crocodiles of the World Foundation Ltd Notes to the Financial Statements
For the year ended 30 June 2023
## **1. Accounting Policies**
## **Basis of accounting**
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006.
Crocodiles of the World Foundation Ltd meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
## **Incoming resources**
All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
## **Resources expended**
Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure:
## **Charitable activites**
Aiding Crocodile Conservation
## **Allocation and appointment of costs**
## **Tangible fixed assets**
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
## **2. Income from charitable activities**
|**Unrestricted funds**
_Aiding Crocodile_
_Conservation_
Income
Donations
Gift Aid Reclaimed from
HMRC|**2023**
**£**
25,156
3,083
-
**28,239**
**28,239**|**2022**
**£**
673,966
21,525
92,294|
|---|---|---|
|||**787,785**|
|||**787,785**|
5 of 10
Crocodiles of the World Foundation Ltd Notes to the Financial Statements Continued
For the year ended 30 June 2023
## **3. Costs of charitable activities by fund type**
|**osts of charitable activities by fund type**|||
|---|---|---|
||**2023**|**2022**|
||**£**|**£**|
|**Unrestricted funds**|||
|Aiding Crocodile|25,596|849,084|
|Conservation|||
|**osts of charitable activities by activity type**|||
||**2023**|**2022**|
||**£**|**£**|
|**Activities undertaken directly**|||
|Aiding Crocodile|25,596|849,084|
|Conservation|||
|**et income/(expenditure) for the year**|||
|This is stated after charging/(crediting):|||
||**2023**|**2022**|
||**£**|**£**|
|Depreciation of owned fixed assets|-|157,770|
## **4. Costs of charitable activities by activity type**
## **5. Net income/(expenditure) for the year**
## **6. Staff costs**
Total staff costs for the year ended 30 June 2023 were:
|Salaries and wages
Zoo Staff|**2023**
**£**
-
**-**
**2023**
0
**0**|**2022**
**£**
324,705|
|---|---|---|
|||**324,705**|
|||**2022**
29|
|||**29**|
## **7. Comparative for the Statement of Financial Activities**
The comparative year values on the Statement of Financial Activites are for unrestricted funds.
6 of 10
## Crocodiles of the World Foundation Ltd Notes to the Financial Statements Continued
For the year ended 30 June 2023
## **8. Tangible fixed assets**
|**Cost or valuation**
At 01 July 2022
Disposals
Transferred
At 30 June 2023
**Depreciation**
At 01 July 2022
Charge for year
At 30 June 2023
**Net book values**
At 30 June 2023
At 30 June 2022|**Land and**
**buildings**
**£**
655,950
-
-
**655,950**
655,951
-
**655,951**
**(1)**
**(1)**|**Animals**
**£**
(1)
1
-
**-**
-
-
**-**
**-**
**(1)**|**Motor**
**vehicles**
**£**
-
-
-
**-**
(1)
1
**-**
**-**
**1**|**Fixtures and**
**fittings**
**£**
108,793
(108,793)
108,792
**108,792**
108,792
-
**108,792**
**-**
**1**|**Total**
**£**
764,742
(108,792)
108,792|
|---|---|---|---|---|---|
||||||**764,742**|
||||||764,742
1|
||||||**764,743**|
||||||**(1)**|
||||||**-**|
## **9. Debtors**
|**ebtors**|||
|---|---|---|
|**Amounts due within one year:**
Trade debtors
Other debtors
**Amounts due after more than one year:**
Other debtors|**2023**
**£**
-
-
**-**
75,694
**75,694**|**2022**
**£**
1,603
30,000|
|||**31,603**|
|||79,077|
|||**79,077**|
7 of 10
Crocodiles of the World Foundation Ltd Notes to the Financial Statements Continued
For the year ended 30 June 2023
## **10. Creditors: amounts falling due within one year**
|**2023**
**£**
Loans and overdrafts
10,000
Other creditors
(1)
**9,999**
The following liabilities disclosed under creditors falling due within one year are secured by the charity:
Hire purchase agreements
(1)
**(1)**
**Creditors: amounts falling due after more than one year**
**2023**
**£**
Loans and overdrafts
18,509
**18,509**|**2022**
**£**
8,333
15,096|
|---|---|
||**23,429**|
||15,096|
||**15,096**|
||**2022**
**£**
31,060|
||**31,060**|
## **11. Creditors: amounts falling due after more than one year**
## **12. Movement in funds**
## **Unrestricted Funds**
||**Balance at**|**Incoming**|**Outgoing**|**Gains and**|**Balance at**|
|---|---|---|---|---|---|
||**01/07/2022**|**resources**|**resources**|**losses**|**30/06/2023**|
||**£**|**£**|**£**|**£**|**£**|
|_General_||||||
|General|539,777|28,239|(25,596)|-|542,420|
||**539,777**|**28,239**|**(25,596)**|**-**|**542,420**|
|**Unrestricted Funds - Previous year**||||||
||**Balance at**|**Incoming**|**Outgoing**|**Gains and**|**Balance at**|
||**01/07/2021**|**resources**|**resources**|**losses**|**30/06/2022**|
||**£**|**£**|**£**|**£**|**£**|
|_General_||||||
|General|651,725|787,785|(849,084)|(50,649)|539,777|
||**651,725**|**787,785**|**(849,084)**|**(50,649)**|**539,777**|
8 of 10
Crocodiles of the World Foundation Ltd Notes to the Financial Statements Continued
For the year ended 30 June 2023
## **Purpose of unrestricted Funds**
General
Aiding of Crocodile Conservation
## **13. Analysis of net assets between funds**
|**Unrestricted funds**
_General_
General
**Previous year**
**Unrestricted funds**
_General_
General|**Tangible**
**fixed assets**
**Net current**
**assets /**
**(liabilities)**
**Creditors >**
**one year**
**Net Assets**
**£**
**£**
**£**
**£**
(1)
560,930
(18,509)
542,420|
|---|---|
||**(1)**
**560,930**
**(18,509)**
**542,420**|
||**Tangible**
**fixed assets**
**Net current**
**assets /**
**(liabilities)**
**Creditors >**
**one year**
**Net Assets**
**£**
**£**
**£**
**£**
-
570,837
(31,060)
539,777|
||**-**
**570,837**
**(31,060)**
**539,777**|
9 of 10
## Crocodiles of the World Foundation Ltd Detailed Statement of Financial Activities For the year ended 30 June 2023
|**INCOME AND ENDOWMENT**
**Charitable activities**
Income
Donations
Gift Aid Reclaimed from HMRC
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Cost of direct charitable activity
**Total resources expended**
**NET INCOME BEFORE GAINS AND LOSSES**
**Other recognised gains and losses**
Gains/(loss) on revaluation of tangible fixed
assets for charity's own use
**Net income before gains and losses**
**Net Income**|**£**
**2023**
25,156
3,083
-
**28,239**
**28,239**
(25,596)
**(25,596)**
**(25,596)**
-
**-**
**-**
**2,643**|**£**
**2022**
673,966
21,525
92,294|
|---|---|---|
|||**787,785**|
|||**787,785**
(849,084)|
|||**(849,084)**|
|||**(849,084)**
(50,649)|
|||**(50,649)**|
|||**(50,649)**|
|||**(111,948)**|
10 of 10
This page does not form part of the statutory financial statements
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