Charity registration number: 1159159
Wildlife Education Trust (formerly known as HOWL)
Annual Report and Financial Statements for the Year Ended 31 May 2022
Wildlife Education Trust (formerly known as HOWL)
Annual Report and Financial statements
Contents
| Reference and Administrative Details | 1 |
|---|---|
| Trustees Report | 2-3 |
| Independent Examiner’s Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the financial statements | 7-9 |
Wildlife Education Trust (formerly known as HOWL)
Reference and Administrative Details
Trustees: Aubrey Thomas Simon Russell Helen Therea Ascott (appointed 24 November 2021) Carey Jurczyk (appointed 7 December 2021) Charity Registration number: 1159159 Principal Office: Unit 17 Sarum Complex Salisbury Road Uxbridge Industrial Estate Uxbridge Middlesex UB8 2RZ Independent Examiner: 1g Accountants 71 Cheyne Walk London NW4 3QU
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Wildlife Education Trust (formerly known as HOWL)
Trustees’ Report
The trustees present their annual report together with the financial statements of the charity for the year ended 31 May 2022.
Objectives
The charity’s objective is “For the benefit of the public to relieve the suffering of animals in need of care and attention and in particular to provide education, monitoring and persuasion against the illegal hunting of wildlife with hounds.”
Achievements in the year
During the year the charity held monthly public advocacy events in support of its objectives
Public Benefit
The charity has continued to provide advocacy, advice and information to the public.
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Structure, governance and management
The Charity is a registered as a Charitable Incorporated Organisation and is subject to its Governing Document dated 11 November 2014. New trustees are invited to serve by the board of trustees based on relevant experience.
Financial review
During the year the charity had net excess of expenditure over income of £3,700. Unrestricted reserves at the end of the year was £14,808.
Change of name
On 20 January 2023 the Charity’s name was changed from HOWL to Wildlife Education Trust.
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Wildlife Education Trust (formerly known as HOWL)
Trustees’ Report (continued)
Statement of trustees’ responsibilities
The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The trustees 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.
Approved by the trustees of the charity on 7 February 2023 and signed on its behalf by:
......................................... aubrey Thomas
A Thomas Trustee
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Wildlife Education Trust (formerly known as HOWL)
Independent Examiner's Report to the trustees of HOWL
I report to the charity trustees on my examination of the accounts of the CIO for the year ended 31 May 2022.
Responsibilities and basis of report
As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the CIO’s accounts carried out under section 145 of the Act. In carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept as required by section 130 of the Act; or
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the accounts do not accord with those records.
I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.
Shaya Grosskopf Shaya Grosskopf ACA 1g Accountants 71 Cheyne Walk London NW4 3QU
8 February 2023
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Wildlife Education Trust (formerly known as HOWL)
Statement of Financial Activities
For the year ending 31 May 2022
| Note Income and endowments Donations and legacies Total income Expenditure on charitable activities Events Rent Insurance Printing postage and stationery Independent examiner’s fees Bank charges Total expenditure on charitable activities Total expenditure Net (expenditure) being Net movement in funds Funds brought forward Funds carried forward |
2022 Total and unrestricted funds £ 442 442 697 - 201 2,319 900 25 (4,142) (4,142) (3,700) (3,700) 18,508 14,808 |
2021 Total funds £ 3,250 |
|---|---|---|
| 3,250 199 2,319 201 5,083 804 - |
||
| (8,606) | ||
| (8,606) | ||
| (5,356) | ||
| (5,356) | ||
| 23,864 18,508 |
All of the charity's activities derive from continuing operations during the above two periods
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Wildlife Education Trust (formerly known as HOWL)
(Registration number: 1159159)
Balance Sheet as at 31 May 2022
| Note Current assets Cash at bank Creditors: Amount falling due within one year Net current assets and net assets Funds of the charity Unrestricted funds Total funds |
2022 Total and unrestricted funds £ 17,588 (2,780) 14,808 14,808 14,808 |
2021 Total funds £ 20,387 (1,879) |
|---|---|---|
| 18,508 | ||
| 18,508 18,508 |
The financial statements on pages 5 to 11 were approved by the trustees, and authorised for issue on 7 February 2023 and signed on their behalf by:
......................................... aubrey Thomas
A Thomas Trustee
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Wildlife Education Trust (formerly known as HOWL)
Notes to the Financial Statements for the Year Ended 31 May 2022
- 1 Accounting Policies
Statement of compliance
The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
Basis of preparation
The charity meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
Exemption from preparing a cash flow statement
As a small charity the charity qualified for and has applied the exemption from preparing a cash flow statement.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
Income
Donations are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Other support costs are allocated based on the spread of staff costs.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Support costs
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
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Wildlife Education Trust (formerly known as HOWL)
Notes to the Financial Statements for the Year Ended 31 May 2022 (continued)
Governance costs
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees’ meetings and reimbursed expenses.
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade creditors
Are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees's discretion in furtherance of the objectives of the charity.
2 Allocated support costs
The following support costs have been allocated wholly to costs of charitable activities:
| Rent Insurance Printing postage and stationery Independent examiner’s fees Bank charges Total support costs |
2022 £ - 201 2,319 900 25 3,445 |
2021 £ 2,319 201 5,083 804 - 8,407 |
|---|---|---|
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Wildlife Education Trust (formerly known as HOWL)
Notes to the Financial Statements for the Year Ended 31 May 2022 (continued)
3 Trustees Remuneration and expenses
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
4 Creditors: amounts falling due within one year
| Other creditors Insurance |
2022 £ 1,080 1,700 2,780 |
2021 £ 1,080 800 1,880 |
|---|---|---|
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