**Charity registration number 1160484** **Company registration number 08603082 (England and Wales)** ## **WORLD CETACEAN ALLIANCE** # **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31 DECEMBER 2021** ## **WORLD CETACEAN ALLIANCE** ## **LEGAL AND ADMINISTRATIVE INFORMATION** |**Honorary President**|Mr Jean-Michel Cousteau|| |---|---|---| |**Trustees**|Roger Mann|| ||Suzanne Rogers|| ||Ian Lewis|| ||Titia Sjenitzer|| ||Jonathan Cutts|(Appointed 21 December 2021)| |**Secretary**|Roger Mann|| |**Charity number**|1160484|| |**Company number**|08603082|| |**Registered office**|132-134 Albion Street|| ||Southwick|| ||Brighton|| ||BN42 4DP|| |**Independent examiner**|Frances Wilde FCCA DChA|| ||Warner Wilde|| ||Chartered Certified Accountants|| ||4 Marigold Drive|| ||Bisley|| ||Surrey|| ||GU24 9SF|| |**Bankers**|HSBC - Brighton|| ||153 North Street|| ||Brighton|| ||East Sussex|| ||BN1 1SW|| ## **WORLD CETACEAN ALLIANCE** ## **CONTENTS** ||**Page**| |---|---| |Trustees' report|1 - 3| |Independent examiner's report|4| |Statement of financial activities|5| |Balance sheet|6| |Notes to the financial statements|7 - 16| ## **WORLD CETACEAN ALLIANCE** ## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_ The trustees present their annual report and financial statements for the year ended 31 December 2021. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006 and "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)". ## **Objectives and activities** ## **Principal activity** The principal activity of the charity in the year under review was that of conserving and protecting cetaceans and their habitats. ## **Objects** The charity's objects as set out in the Articles of Association are : - To promote, by means that are exclusively charitable and for public benefit, the conservation and protection of cetaceans (dolphins, whales and porpoises) by actively assisting in the development of community projects to alleviate injury, sickness, ill-treatment, neglect or threat to animals and their environment. - To advance public education, in particular by providing educational and research programmes that raise public awareness both nationally and internationally, of the problems and solutions facing cetaceans and their natural environment including but not limited to natural habitat degradation, welfare concerns, and wildlife loss. ## **WCA's Vision** A world where cetaceans are free, where oceans thrive, and where communities care. ## **WCA's Mission** To protect cetaceans and their habitats through global collaboration. ## **WCA's Values** - To ensure that all our decisions and actions are guided by sound science, animal welfare and conservation principles and that the welfare of cetaceans is paramount. - To ensure that all our policies and practices are founded on the highest ethical principles. - To work in partnership and ensure that all our interactions with partners are fair, ethical, respectful and considered. - To ensure that our values are never compromised in the pursuit of our objectives. - To hold ourselves accountable for everything we do and every decision we make. ## **WCA's Strategic Goals** 1. To be leaders in cetacean welfare and conservation and partner with any organisation, institution or government that is seeking positive change. 2. To develop and deliver powerful and effective campaigns, projects and advocacy for cetaceans and their habitats around the world. 3. To empower local people, communities, organisations to influence policies, attitudes and behaviours that will protect cetaceans and their habitats. 4. To foster collaboration and build capacity throughout our partnership and beyond. 5. To create an environment where all cetaceans are able to live free from cruelty, exploitation and suffering, with no need to be rescued from captivity. 6. To promote and inspire a sense of awe, connection and respect for cetaceans and their ocean habitats. 7. To transform our society to one where the importance of cetaceans and their habitats is ingrained. - 1 - ## **WORLD CETACEAN ALLIANCE** ## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_ ## **Public Benefit statement** The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. ## **Achievements and performance** As the world emerged from the global pandemic, the year continued to provide the WCA with on-going challenges. As with 2020, despite these, the WCA was able to continue to move forward maintaining its work and continuing to develop and grow its principal projects. The year may also be described as one of transition. Following the announcement last year that Dylan Walker would be stepping down as CEO, in May 2021 Harry Eckman was formally appointed as his successor. Dylan was a defining influence without who’s dedication and drive the WCA would simply not be where it is today. As the WCA enters a new era, the Trustees are delighted to welcome Harry as his successor whose experience and expertise has already been influential. Against this background the WCA has refocused its strategy looking forward for the next 10 years. This will continue to evolve and ‘in a race against time’, the vision, mission, values and objectives reflect fundamental areas of concern including climate change, habitat degradation and cetacean populations both wild and captive. The Whale Heritage Sites continue to be a flagship project and have expanded further with its 5th site being designated in South Africa’s Algoa Bay. We hope that in years to come this will remain a benchmark project that brings communities and the protection of local cetaceans together providing a benefit to all. The World Animal Protection (WAP) grant remains instrumental in helping this project continue. Comment was made in 2020 concerning the further development and implementation of whale watching certification. This continued during 2021 and will remain an area of further review the aim of which is to provide clarity and transparent benefits to the WCA Partners and supporters. The importance of education remains as one of the key missions for the WCA. The development and expansion of online courses including whale ship strikes continued with further online courses and collaborations planned for 2022. This will help to continue spreading awareness and knowledge about the marine issues the WCA endeavours to resolve, as well as becoming a valuable source of income. ## **Financial review** Although the WCA continues to operate within limited resources, against a challenging year, it saw its total income grow from £158,976 (2020) to £202,398. Total expenditure also grew from £115,343 (2020) to £174,755 largely due to increased staff costs following the appointment of 3 new employees. At the end of the year unrestricted reserves stood at £14,446 (2020 £11,076). As we look forward, the Trustees remain aware of the WCA’s funding and cashflow structure and will continue to work closely with the charity, after what has been an unprecedented period, to explore this area further. ## **Reserves** Ideally, the charity w ould maintain unrestricted reserves at a level equivalent to between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. However, t h e charity is still a fledgling charity and has not yet been able to build any reserves. ## **Risks** The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. ## **Structure, governance and management** The charity is a company limited by guarantee . - 2 - ## **WORLD CETACEAN ALLIANCE** ## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_ The trustees, who are also the directors for the purpose of company law, and who served during the year were: Roger Mann Suzanne Rogers Ian Lewis Titia Sjenitzer Jonathan Cutts (Appointed 21 December 2021) The Board of Trustees appoint new trustees, seeking opinion and advice from the CEO and internal Global Council which is an elected representation of our membership. None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 0 in the event of a winding up. The trustees' r eport was approved by the Board of Trustees. **----- Start of picture text -----**
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.............................. Roger Mann **Trustee** Date: ............................................. 20th September 2022 - 3 - WORLD CETACEAN ALLIANCE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WORLD CETACEAN ALLIANCE I report lo the Iruslees on my examinl¥Jn oflhe stateTh*nts ot Wortd Cets￿n Alwca (thè charftyl for the year ended 31 December2021. R••ponslbllMl•8 and ￿8￿$ ol r•port As thè trusteos ol thè charity lantl algo rts dIr8dC￿ for th& purposes of company lawl you are r•sponsible for th8 praparatlon of tha finan081 statamants Sn ￿(L*danC¥ wmh th& r8qulr8mants of tho Companios Act 2006 (th8 2006 Actl. Having 8ali8fied ffly8ellthal the finanLaal statements of the are not Tewired to be audited uThJer Part 16 of the 2006 Act and 8re elbalble for Indepondgnl examln8llon. I report In rgspgct of my gxamln8tlon of th8 ￿￿￿ty,¥ financial stalements carried out under sedon 145 of tho Charitles Act 2011 (the 2011 Aetl. In earrying cyjt my examSnalk)n I have fc41owed all the 8Okat4e Dlre(knw given by the Charfty Comm1881on und8r 8ecllon 145151 {bl of thg 2011 ACL Ind•p•nd•nt •xamln•ff• •tst•m•nt I have completed my &xamlAaUon. I Cainfirm thot Th) malws haw ctrfno to my 8itothn In LY)nnoCtlon wlth thg examination giving me cause to believe that in any material respect: accounting records wern not kept In respect of th¢ charlty As rnqulrnd by 88dkn 386 of the 2006 Act., or th8 finan¢lo1 $tat¢m&nts do not g¢¢ord wfth thow reo)rJ$.' or th$ flnanty81 $t•lwn¢nts do I￿t ¢onWy with Ihe •w)unting roqulr¢monts of socuon 396 of 2006 A¢t other than any requlmment that th• aco)unts gfv• a tru& 8TrJ falr whkh 1$ not a matt&r consld&rad as part of an independent e¥arnination', the financaal slatements have not been prepared in accorda￿ swlh the m&thods and princApl8s of tho Statsrnent ol RecoMm￿ded Pracllce fix accounung and repJrUng by c*arfll93 appllcable to charfUg8 pr•p8rlng thèir accounts In •¢¢ordan¢• wllh lh• Flnw*Sal R•FcrflitvJ Stwd•rd •ppU¢•t4• In th• UK and Republlc of Ir8land (FRS 1021. I h8ve no o)ncom8 and havo come acmtss r¥) other matters In conn8¢llon vAth the exarnlnellon to whlch ottenuon Should b¥ dr¥wn In IhL8 r•port In ordw to •nablo 4 prwr undwst8ndlng of tho flnan¢lal 8talom¢nts lo b• r•achod. Fr•nc•• IMld• FCCA DChA W8m•r Wlld• Chart•r*d Cèrtifi8d Attwntsnts 4 Madgokj Drfv¢ B wloy Surrey GV24 9SF D•tod'. ## **WORLD CETACEAN ALLIANCE** ## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_ |**Unrestricted**
**Restricted**
**funds**
**funds**
**2021**
**2021**
**Notes**
**£**
**£**
**Income from:**
Donations and legacies
**3**
45,367
138,468
Charitable activities
**4**
18,562
-
Investments
**5**
1
-
**Total income**
63,930
138,468
**Expenditure on:**
Raising funds
**6**
364
-
Charitable activities
**7**
60,196
114,195
**Total expenditure**
60,560
114,195
**Net income for the year/**
**Net movement in funds**
3,370
24,273
Fund balances at 1 January
2021
11,076
26,005
**Fund balances at 31**
**December 2021**
14,446
50,278|**Total Unrestricted**
**Restricted**
**funds**
**funds**
**2021**
**2020**
**2020**
**£**
**£**
**£**
183,835
79,206
64,778
18,562
14,991
-
1
1
-
202,398
94,198
64,778
364
120
-
174,391
76,450
38,773
174,755
76,570
38,773
27,643
17,628
26,005
37,081
(6,552)
-
64,724
11,076
26,005|**Total**
**2020**
**£**
143,984
14,991
1
158,976
120
115,223
115,343
43,633
(6,552)
37,081| |---|---|---| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006. - 5 - ## **WORLD CETACEAN ALLIANCE** ## **BALANCE SHEET** ## _**AS AT 31 DECEMBER 2021**_ |**Notes**
**Fixed assets**
Tangible assets
**11**
**Current assets**
Debtors
**12**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**13**
Net current assets
**Total assets less current liabilities**
**Income funds**
Restricted funds
**15**
Unrestricted funds - general|**2021**
**£**
736
70,713
71,449
(7,128)|**2020**
**£**
**£**
403
9,468
48,197
57,665
(20,757)
64,321
64,724
50,278
14,446
64,724|**£**
173
36,908
37,081
26,005
11,076
37,081| |---|---|---|---| The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 December 2021. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements were approved by the Trustees on ... 20th September 2022 ...................... .............................. Roger Mann **Trustee** ## **Company registration number 08603082** - 6 - **WORLD CETACEAN ALLIANCE** ## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_ ## **1 Accounting policies** ## **Charity information** World Cetacean Alliance is a private company limited by guarantee incorporated in England and Wales. The registered office is 132-134 Albion Street, Southwick, Brighton, BN42 4DP. ## **1.1 Accounting convention** The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006 and "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)". The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. The financial statements are prepared in sterling , which is the functional currency of the charity . Monetary a mounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. ## **1.2 Going concern** These financial statements are prepared on the going concern basis. The trustees have a reasonable expectation that the charity will continue in operational existence for the foreseeable future, ## **1.3 Charitable funds** Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity. ## **1.4 Income** Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. Income is deferred and shown as a creditor in the accounts t o the extent that the invoiced amount relates to future accounting periods. - 7 - ## **WORLD CETACEAN ALLIANCE** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_ ## **1 Accounting policies** **(Continued)** ## **1.5 Expenditure** Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred. ## **1.6 Tangible fixed assets** Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Computers 3 years Straight Line The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities . ## **1.7 Impairment of fixed assets** At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any ) . ## **1.8 Cash and cash equivalents** Cash and cash equivalents include cash in hand, deposits held at call with banks and other short-term liquid investments with original maturities of three months or less . ## **1.9 Financial instruments** The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity 's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. ## _**Basic financial assets**_ Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at the recoverable amount. ## _**Basic financial liabilities**_ Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price . Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at the settlement amount. - 8 - ## **WORLD CETACEAN ALLIANCE** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_ ## **1 Accounting policies** ## **(Continued)** ## _**Derecognition of financial liabilities**_ Financial liabilities are derecognised when the charity ’s contractual obligations expire or are discharged or cancelled. ## **1.10 Employee benefits** The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. ## **1.11 Retirement benefits** Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. ## **2 Critical accounting estimates and judgements** In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. ## **3 Donations and legacies** |**Unrestricted**
**Restricted**
**funds**
**funds**
**general**
**2021**
**2021**
**£**
**£**
Donations and gifts
8,424
-
Grants receivable
18,857
138,468
Membership fees
18,086
-
45,367
138,468|**Total**Unrestricted
Restricted
funds
funds
general
**2021**
2020
2020
**£**
£
£
8,424
21,292
12,500
157,325
49,225
52,278
18,086
8,689
-
183,835
79,206
64,778|Total
2020
£
33,792
101,503
8,689
143,984| |---|---|---| - 9 - ## **WORLD CETACEAN ALLIANCE** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_ |**3**
**Donations and legacies**
**Unrestricted**
**Restricted**
**funds**
**funds**
**general**
**2021**
**2021**
**£**
**£**
**Grants receivable for**
**core activities**
Breakaway Travel
-
-
Fondation Club
Mediterrannee
4,191
-
Sankalpa
-
30,000
World Animal Protection
(WAP)
-
98,468
The Sussex Community
Foundation
-
-
Enjoolata
-
10,000
Brighton & Hove Council
-
-
Job Retention scheme
14,666
-
18,857
138,468|**(Continued)**
**Total**Unrestricted
Restricted
Total
funds
funds
general
**2021**
2020
2020
2020
**£**
£
£
£
-
-
4,278
4,278
4,191
-
-
-
30,000
-
-
-
98,468
-
38,000
38,000
-
5,000
-
5,000
10,000
-
10,000
10,000
-
11,663
-
11,663
14,666
32,562
-
32,562
157,325
49,225
52,278
101,503| |---|---| ## **4 Charitable activities** |Ancillary trading income
Other income|**2021**
**£**
388
18,174
18,562|**2020**
**£**
11,165
3,826
14,991| |---|---|---| ## **5 Investments** ||**Unrestricted**|Unrestricted| |---|---|---| ||**funds**|funds| ||**general**|general| ||**2021**|2020| ||**£**|£| |Interest receivable|1|1| - 10 - ## **WORLD CETACEAN ALLIANCE** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_ ## **6 Raising funds** ||**Unrestricted**|Unrestricted| |---|---|---| ||**funds**|funds| ||**general**|general| ||**2021**|2020| ||**£**|£| |Fundraising and publicity||| |Advertising|364|120| ||364|120| |**Charitable activities**||| ||**2021**|
**2020**| ||**£**|
**£**| |Staff costs|124,264|
86,307| |Depreciation and impairment|245|
87| |Project, conference and course costs|24,952|
12,954| |Donations - campaign contributions|10|
-| |Insurance|303|
242| |Subscriptions|445|
3,132| |Motor, travel and subsistence|-|
156| |Telephone|1,196|
1,310| |Utilities|710|
104| |Other staff costs|-|
424| |Entertainment|253|
143| ||152,378|
104,859| |Share of support costs (see note 8)|17,361|
7,415| |Share of governance costs (see note 8)|4,652|
2,949| ||174,391|
115,223| |**Analysis by fund**||| |Unrestricted funds - general|60,196|
76,450| |Restricted funds|114,195|
38,773| ||174,391|
115,223| ## **7 Charitable activities** - 11 - ## **WORLD CETACEAN ALLIANCE** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_ |**8**
**Support costs**
**Support**
**costs**
**Governance**
**costs**
**£**
**£**
Operating lease charges
9,685
-
Computer and website
expenses
2,701
-
Su ndries
29
-
Office supplies
481
-
Rates
1,843
-
Staff training
-
-
Expenses
2,622
-
Independent Examiner
fee
-
1,800
Accountancy
-
2,567
Bank and paypal
charges
-
285
Late filing penalty
-
-
17,361
4,652
Analysed between
Charitable activities
17,361
4,652|**2021**
Support
costs
Governance
costs
**£**
£
£
9,685
4,874
-
2,701
1,928
-
29
24
-
481
217
-
1,843
78
-
-
294
-
2,622
-
-
1,800
-
1,224
2,567
-
666
285
-
684
-
-
375
22,013
7,415
2,949
22,013
7,415
2,949|2020
£
4,874
1,928
24
217
78
294
-
1,224
666
684
375
10,364
10,364| |---|---|---| Governance costs includes Independent Examination fees of £ 1,800 (2020- £ 1,224 ) . ## **9 Trustees** None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. - 12 - ## **WORLD CETACEAN ALLIANCE** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_ ## **10 Employees** ## **Number of employees** The average monthly number of employees during the year was: |**Employment costs**
Wages and salaries
Social security costs
Other pension costs|**2021**
**Number**
6
**2021**
**£**
115,864
5,608
2,792
124,264|**2020**
**Number**
3
**2020**
**£**
78,101
3,208
4,998
86,307| |---|---|---| Key Management Personnel is comprised of the Chief Executive Officer and Chief Operating Officer roles. There were 2 full-time employees and 4 part-time employees during the year. There were no employees whose annual remuneration was £60,000 or more. ## **11 Tangible fixed assets** |**Tangible fixed assets**|| |---|---| ||**Computers**| ||**£**| |**Cost**|| |At 1 January 2021|260| |Additions|475| |At 31 December 2021|735| |**Depreciation and impairment**|| |At 1 January 2021|87| |Depreciation charged in the year|245| |At 31 December 2021|332| |**Carrying amount**|| |At 31 December 2021|403| |At 31 December 2020|173| - 13 - ## **WORLD CETACEAN ALLIANCE** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_ ## **12 Debtors** |**Amounts falling due within one year:**
Other debtors
Prepayments and accrued income|**2021**
**£**
-
736
736|**2020**
**£**
9,071
397
9,468| |---|---|---| ## **13 Creditors: amounts falling due within one year** |**Notes**
Other taxation and social security
Deferred income
**14**
Other creditors
Accruals|**2021**
**£**
2,132
1,399
1,297
2,300
7,128|**2020**
**£**
5,124
3,741
8,067
3,825
20,757| |---|---|---| ## **14 Deferred income** |Other deferred income
Deferred income is included in the financial statements as follows:
Deferred income is included within:
Current liabilities
Movements in the year:
Deferred income at 1 January 2021
Released from previous periods
Resources deferred in the year
Deferred income at 31 December 2021|**2021**
**£**
1,399
**2021**
**£**
1,399
3,741
(3,741)
1,399
1,399|**2020**
**£**
3,741
**2020**
**£**
3,741
8,144
(8,144)
3,741
3,741| |---|---|---| - 14 - ## **WORLD CETACEAN ALLIANCE** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_ ## **15 Restricted funds** The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes: |||**Movement**|**in funds**|||**Movement**|**in funds**|| |---|---|---|---|---|---|---|---|---| |||**Incoming**|**Resources**||**Balance at**|
**Incoming**|**Resources**|**Balance at**| |||**resources**|**expended**|
**1**|**January 2021**|
**resources**|**expended**|**31 December**| |||||||||**2021**| |||**£**|**£**||**£**|
**£**|**£**|**£**| ||Breakaway Travel|4,278|-||4,278|
-|-|4,278| ||World Animal Protection|||||||| ||(WAP)|38,000|(26,273)||
11,727|
98,468|(64,195)|
46,000| ||Enjoolata|10,000|-||10,000|
10,000|(20,000)|
-| ||Sankalpa|12,500|(12,500)||
-|
30,000|(30,000)|
-| |||64,778|(38,773)||
26,005|
138,468|(114,195)|
50,278| |**16**|**Analysis of net assets between funds**|||||||| ||**Unrestricted**||**Restricted**||**Total**|Unrestricted|Restricted|Total| |||**funds**|**funds**|||funds|funds|| |||**2021**|**2021**||**2021**|2020|2020|2020| |||**£**|**£**||**£**|£|£|£| ||Fund balances at 31|||||||| ||December 2021 are|||||||| ||represented by:|||||||| ||Tangible assets|403|-||403|173|-|173| ||Current assets/|||||||| ||(liabilities)|14,043|50,278||64,321|10,903|26,005|36,908| |||14,446|50,278||64,724|11,076|26,005|37,081| ## **17 Operating lease commitments** ## **Lessee** The lease for the premises is for 3 years from 12 August 2020. Break clause after 1 year with 6 months notice. At the reporting end date the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows: |Within one year
Between two and five years|**2021**
**£**
9,600
6,000
15,600|**2020**
**£**
9,600
15,600
25,200| |---|---|---| - 15 - ## **WORLD CETACEAN ALLIANCE** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_ |**17**|**Operating lease commitments**||**(Continued)**| |---|---|---|---| |**18**|**Related party transactions**||| ||**Remuneration of key management personnel**||| ||The remuneration of key management personnel is as follows:||| |||**2021**|**2020**| |||**£**|**£**| ||Aggregate compensation|48,206|40,268| ## **Transactions with related parties** During the year the charity entered into the following transactions with related parties: ||**Consultancy**|| |---|---|---| ||**2021**|**2020**| ||**£**|**£**| |Other related parties|150|-| During 2020 the company did not reimburse any expenses to trustees (2020: Nil). One trustee was paid for a discrete piece of consultancy work as discussed and agreed by the other trustees. - 16 -