KENYAWILDLIFE TRUST UK KENYA WILDLIFE TRUST UK ble Inco orated Or anlsation ANNUAL REPORT and FINANCIAL STATEMENTS for th OthA ril 2025
KENYA WILDLIFE TRUST UK a Charltable In¢orporated Organlsatlon Annual Report and Flnanclal Statements, 2025 INDEX Section Page 1. Glossary of abbreviations 2. Legal Information and Adminlstratlve Infomiati¢ 3. Structur8,Govemance and Management 4. Kenya Wildlife Trust UK history and background of the Charfty 5. Report of the Trustees 9-12 6. FlnanGial Review 13 7. Declaration of the Trustees 8. Statement of Trustees, Responsibilities in Relation to the Financi81 Statements 14 15 9. Flnanci81 Ststements For the year ended 30th Apdl, 2025 16-20 Page-l-
KENYA WILDLIFE TRUST UK a Charitable Incorporatad Organlsatlon Annual Report and Flnancial Statements, 2025 KPéiT 1. Glossa of Abbreviations CIO - Charitable Incofporated Organi88tion The CIO or Kwf-UK- Kenya Wildlrfe Trust UK (fomerly The Frlends of Kenya Wildllfe Trust UK) Kenya Republlc of Kenya KWT- Kenya Wildllfe Trust, a Kenyan IrreVcb1e public ch2ritgblo 8t Trustees- Trustees of K8ny8 Wildllfe Trust UK MPCP - Mara Predator Cons8rvation Programme Pagc-2-
KENYA WILDLIFE TRUST UK a Charltable Incorporated Organisatlon Annual Report and Financial Statsments, 2025 2. Le al and Adminlstratlve Infornatlon 2.1 Name and Inco The CIO was incorporated under the Charities Act 2011 on 29th June, 2015 as The Friends of Kenya Wildlife Trust UK. On 20th January. 2021 th8 name of the CIO changed to KENYA WILDLIFE TRUST UK. ratio istratlon Number The CIO was reglstered with the Charity Commi83ion for England and Wales under registration number 1162781 on 22nd July, 2015. .3 AcGountin Refernnce Date 30th April in each calendar yoar 18tored Office and O 2.4 Re ratlon Ingl6wood 6A Reeves lane Wing, Oakham Rutland LE15 8SD .5 Trustoe The following seN8d as trustees durlng the year: Dr. Sir Chrlstopher Hugh Tulte 8t, Chair of Trustees Helen Caroline Cullen. Secretary- retired 29th June, 2024; re-appointed 10th September, 2024 Robin Neville cullen, Treasurer- retired 29th Juno. 2024: re-appoint8d 10th September, 2024 Elizabeth Rosa Wark Prins Lady Deborah Ann Tuite - appointed 26th July, 2024; resigned 11th March, 2025 2.6 Bankers (1) Barclays Bank plc 80, High Street Sevenoaks Kent TN13 1LR <2) Paypal (Europè) S.8.r.l. el Cle 22-24 Boulevard Royal L-2449 Luxembourg Page-3-
KENYA WILDLIFE TRUST UK a Charllable Incorporated Organisation Annual Report and Flnanclal Statements, 2025 rrdT 2.7 Re ortof he Trust8es for the ear ended 30th A The Truste8s present their annual report and accounts for the CIO for the year ended 30th April, 2025. Th6 accounts and financial statements hav& been prepared in accordance with the accounting pollcies set out in the notes to the accounts and comply with the Charitle5 Act 2011 and the CIO'S am8nded and rastated Constitution dated 8th February. 2021. 2.8 Alm8 and O Ives Th8 CIO exists solely for charttable purposes as set out in its objects clausg contaln8d in th8 CIO'S amended and r8Stated Constitution dated 8th February, 2021. The CIO se8ks to ben8fit the peoples of Kenya in particular, but not exclusively, for the relief of povety and sickness, the advancem8nt of educatlon and the conservation and protectlon of the environmenl. ctlvltles for the Pu Ic en Th8 Trustees confim that they have referred to the guidance contained in the Charity Commission's general guidance on public benefrt when reviewing the CIO'S aims and objectives and in planning future funding activlties and setting ihe funding policy for the year. Page-4-
KENYA WILDLIFE TRUST UK a Charitable Incorporated Organlsatlon Annual Report and Financial Ststements, 2025 ucturo Govern nce and Man emen 3.1 Gov rnln nt The CIO is govemed by a Gonstitution dated 8th February, 2021 which amended and restated that signed upon it's incorporation on 29th June, 2015. Further amendments wère made to the Constitution on 10th Septembar. 2024 and are referenced in 3.3. 3.2 Or anlsatlonal Str ct TheTrustees listed in 2.5 were appointed under the CIO'S Constitution. The Trustees are responslble for the general ntrOl, management and day to day admlnistration of the CIO. The Trustee Treasurer oversees Ihe completion of the Annual Report and Accounts. The Trustees give their time freely and receive no remuneratrln or other financial benefits. Th8 Trustees meet regularty and are responsibl8 for 811 decisions taken in relation to running the CIO, Attended the following meetings durlng th• ear 15th May, 2024; 26th July, 2024. 2023; 10th September. 2024: 29th January. 2025; 28th Februa . 2025 15th May, 2024,. "26th July, 2024; "10th September, 2024; 29th January. 2025; 28th Februa . 2025 15th May, 2024., .26th July, 2024:'1 Oth September, 2024; 291h January; 2025.. 28th Februa , 2025 15th May, 2024; 26th July. 2024",10th September. 2024: 29th January,2025; 28th Februa 2025 "26th July, 2024: 1 Oth September, 2024., 29th Janua , 2025. 28th Februa 2025 By virtue of the f8¢t that all Trustees are Members and Ihere are no other Members, currently, then the Trustees agree that all meetings are also Members meetings. cum Nam• of Trustee Chrlstopher Huoh Tuite Helen Caroline Cullen Robln Neville Cullen Ellzabeth Rosa Wark Prins Deborah Anne Tuite In attendan only In attendance only, not voting for part of the meeting until appointed as a Trustee Page-5-
KENYA WILDLIFE TRUST UK a Charltable Incorporated Organisation Annual Report and Flnanclal Statemonts. 2025 KVdT 3.3 Recruitment and a olntment of Tru The Constiution dated 29th Jun8, 2015 provided for a minimum of three trustees and a maximum of twelve trustees. This was Garrred forward to the amended and restated Constitution dat8d 8th February. 2021. Under thes8 Versions of the Constitution, new trustees wer8 appointed by the Trustees for a term of three years. Trustees could then b8 re-appointed for a further 3-year lem) and exceptionally for another 3-year t8rm (18 maximum 9 years), after which they needed to Stand down for an interval of at least ona year before any further appoinlmenl could be made by th8 Trustees. Further amendments made to the Constitution and approved by the Charity Commission on 10th S8Ptember, 2024 remov8d the need for a Trustee to stand down for a year before any further appolntment after 9 years and instead now requires the Trustees to give full consideration In re- 8ppointing an individual for any further temi as to whether the appointm8nt remains In th8 best interests of the Charity. The following Trustees served from 1st May, 2024 to the dato of this report:_ Dr. Sir CH Tulte béing due to retire on 12th ¢)ctober, 2024 was re-appointed on 10th September. 2024 for a further 3 years with effect from 12th October, 2024. Mrs HC Cullen retired on 26th July. 2024 and w88 fe-appoinled on 10th September, 2024 for a further 3 years. In the interim period 8h& Gontinued in the role of Acting Secretary. Mr RN Cullen relire(J on 26th July, 2024 and was re-appointed on 10th Septemb8r, 2024 for a further 3 years. In the inteflm p8riod he Continued in the role of Actlng Treasurer. Ms ERW Prins Lady DA Tuite appointed on 26th Juty, 2024 and resMJned on the 11th M8rch. 2025. 3.4 Mana The Trustees hold a minimum of three meetings a year at whlch they develop stralegy and agree and review 8rea8 of activity for Ihe CIO including marketing and fund-raising, grant-maklng, pollGy-maklng and perfomance. The Trustees work closely wlth the Kwf in Nairobi which is the CIO'S eyes and ears on the ground in Kenya and upon vthose granl making and monrtoring and evaluation framework the Clo relies significantly for many of the grants it makes. The infomats'on provided by the KWT assists the Tnjstees In assessing the perf0rrnan of grants to date and in c£)nsidering the extension, c•$68tion or su8penaion of existing grant approvals. Whilst on one hand placing r8liance on tho Kwf's framework, the CIO will always retain ils indep8ndène@ over where its monies might be granted, to the Kwf or elsewhere. where it can contribute for the public benefrt and meet its objectives. Pa8e-6-
KENYA WILDLIFE TRUST UK a Charilable Incorporated Organlsatlon Annual Report and Financial Statements, 2025 Additionally. some of the Trustees usually visit one or more of the projects which the CIO is supporting and meet with key project directors. annualty. as well as having regular contact face to face with the KWT in N8irobi. The Trustees also encourage directors of projects that the CIO is supporting and the directors and staff of the IQNf to make contsct when they are in the UK and to meet with the Trustees. Since the COVID restrictions have been lifted in both UK and Kenya, all the Truste8s have visited Kenya at least twice both making contact and meeting with KWT and visiting the Kwfs flagship programme, MPCP, and have been updated by the current team. All of theTrustees glve of their time freely and are not remunerated. Details of any Truste8 8xp8nses and r8lated party transactions are disdosed in the notes to the accounts. Trustees are requlred to disclose all relevant inlerests and register them at the start of every meeting and in accordan¢e with th8 CIO'S policy must withdraw from decisions where a confilct of interests arises. Th8 day to day prssing and administrats'on of donations and grants is handled by th8 Secretary. .5Ri ement The Trustees have developed a Risk Management Policy which sets out how the Trust8es manage risk and the 8PPètite that the Trustees have for taking rfsk. Thls Pollcy was approved at the me8ting held on 23rd June, 2020. The Trustees have identbfied the key rlsks to which the CIO is exposed and have assessed Ihe likelihood and impacl of certain events. The Trustees maintain a risk register which is periodically revlewed. the Trustees have given consideration to the major risks to which the Charity is exposed and satisfied themselves that systems or pr£edureS are estsblished in order to manage those risks. The Trustees conts'nually review and develop the rfsk register and. thther8 appropriate, the systems and procedur8S, to mitigat8 nsk. Thè CIO registered wth Ihe Infomiatlon Commisslonerfs OffiGe (ICO) on 31st May, 2018 as required by GDPR at the time, and continued to ba registered as required by UK GDPR unts'l May 2025 when, following a review and re-¢ompletion of the data protection fa8 seW ass8ssment it was concluded that KWT-UK met the requirements as a nol-for-profit organisailon, qualifying for exemption from payment of the dats proteckn.on fee. Accordingly, the Trustees requested to d®ister and this was granted by the ICO on 25th April. 2025. It should be noted that whilst KWT-UK is legally no longer required to pay the data protecllon fee Ihe CharTty must Still comply with tho rel•v8nt dat8 protèction IlSIation. The CIO maintains trustee Indemnity insurance for the Tnjstees. Pollc 3.6.Grant-Makin The GIO believes in making grants to trusted partners who demonstrate a track recA)rd of suGcess, and who ara then oxpected to comrnit to clearfy articulated outcomes and tar9ets within a given timeframe as part of a grant agreement. In awarding grants, the Tnjstees give due consideration to Pag¢-7-
KENYA WILDLIFE TRUST UK a Charltable Incorporat•d Organisation Annual Report and Financlal Statements, 2025 rrdT 8li9ibility of the prospective grantee, geographical area within Kenya. whother organisation or individual. known background and history and views, knowledge and recommendations of the Kwr. Once a grant has been awarded, the CIO uses a monitoring and evaluation framework to help manage their grant porfolios with the inrycounty assistance of the Kwt. Under this framework monitoring is continuous end routs'ne dats co118Ction and reporting takes place to ensure that the project activities are meeting the set objectivas. Once the project or the programme is completed then it is evaluated and assessed to improve ongoing impact and effectiveness. Page-8-
KENYAWILDLIFE TRUST UK 8 Charltable Incorporated Oryanlsatlon Annual Report and Flnanclal Statements, 2025 4. Ken a Wildllfe Trust UK- histo The KWT was established in 2007 by leaders in the Kenyan safari industry led by guides from the original Ker and Downey Safans. with the principle aim of strengthening the connection betwèen conservation and tourism. In 2013. the moved into project implementation with the establishment of the flagship lion and cheetah montioring projects in the Maasai Mara. now consolidated as th8 Mara Predator conservab.on PrryJramme. The Kwf is dedicated to protecting Kenya's predators through a neOrk of high-impact conseNation Initiatives in some of Kenya's and East Africa's important wildlife landscapes, including the Greater Mara. Laikipla- Samburu, 8nd Amboseli - Tsavo. Kwf recognises that rt is vid8ly aepted that top (apèx) predators pl8y a ritlcal role in maintaining healthy and sustainable ecosystems by enhancing biodiversity, improving system s111enCe, providing economic benefits from ecotourism, and acting as indicalors of overall ecosystem health. The KWT'S key objoctive is to achleve optlmal predator populations in th880 8COSyStems at their potential carying capacity and ensuring their long-tem conservation and protectlon. KWT recognises that local communities are essential partners for protecting predators and se8ks to support communities through proj8cts that enable them to C08XlSt with wildlife while also enhanclng their economic. soclal well-belng, and cultural traditions. In 2012, a conventional charitable trust was fomied under UK Law by British supporters and registered with the Charfty Commisslon. However. It soon became apparent that, in order to attract $i9nlficant donors and donations in the UK. which in turn would enable a greater contribution to some of thè projects in Kenya and enhance our 811ian¢8 with the KWT, it needed hlgher profile trustees wlth SP8cific skills. prepared to S8rv8 on the board. The Trustees did not believe this lo be possible whilst continuing with thal structure and therefore set about a restructure with the help of the Charity Commission. It was concluded thai a then relatively new charitable structura called a CIO, would be the most suitable successor body and The Friends of Kenya Wildlife Trust UK was forme¢J, as a CIO, on 29th June. 2015 and register8d with the Charity Commission on 22nd July, 2015. Th8 Trust8es then wound down the original trust and transferred it's funds to the CIO. Subsequent to this, the CIO changed its name on 8th February, 2021 to Kenya Wildlife Trust UK. The CIO and the KWT share similar charitable objectives. vision, mission and values. The CIO aims to. but d088 not exGlusively, make substantial grants of our own by way of funding to projects that the KWT supports. and back und f the Cha Pagc-9-
KENYA WILDLIFE TRUST UK a Charitable Incorporated Organlsatlon Annual Report and Flnan¢lal Statements, 2025 KVIT 5. Ro rt of the Trustees 5.1 Admlnls ration The CIO is a registered UK Chanty and is also registered wlth HM Revenue and Customs for tax purposès. This enables the Charity to reclaim tax in relation to donations made by UK resident individuals via the Gift Aid scheme and gives UK tax exemptions in relation to income and capital gains arising in the course of its charitable activities. O r MIs8iO To provlde funds to data-dfivan and (x)mmunlty supported predator consarvation efforts that enable the long-tem viability of predator populats'ons in Kenya. 5.3 Our Vlslon Our vlsion is a Kenya where healthy predator populats'ons ar8 th8 comerstone of thrlving ecosyst8m8. 5.4 Our Values Results focussed: we ar8 committed to setting clear, measurable targets for vthlch we deploy funds and monitor progress. Trust". we belleve thal trust is s critical component to successftjl wort(ing relationships betw86n our stak6holders, including donors, granlees, slaff and Trustees. Transparency and Accountsblllty: As stewards of donations, we believe in transpar8ncy and 8ccountabilily of fijnds ensuring that all donatlons are clirected to projects in th8 field and the use of those funds are rnonitod appropriately Expertlse and Knowlodg•: we believe in the value of sdents'fic monitoring and data to infom consetvation strategies. The CIO continues to share a mmOn focus with the Kiirr and we maintsin Close Ilnks In support of th8ir work in Konya. Predators: KWT-UK is a firm supporter of the MPCP. KI.$ flagghip programmc, wlivse overarGhing otsjecjve 18 to 8UPPOrt stsble, heallhy preQaior t)opulations in th@ Groator Mara Ecosystem by providing scientific evidence for conservation action. The programme embodies the Kwf's value proposition of being drlven by sclence and focussed on people. MPCP'S objactives and activities are realised through two teams - Research and Community who work to ensure that predators and people m-exist peacefully. GenLJine community engagement complements practical conservation management recommendations, solutions and ideas developed through robust research and monitoring praCtiS. Page-lO-
KENYA WILDLIFE TRUST UK a Charitable Incorporated Organlsatlon Annual Report and Financial Statements. 2025 People: We support conservation work which is strongly anchored in collaborating with communities living alongsida wildlife. The KWT works with and empowers local communitias and educates all stakeholders about conservation and environmental stewardship. Fundamental to this is the K,8 Conservation Leadership Programme which hopes to ensure that the unique knowledge of young people in Kenya's core ecosystems of th8 Greater Mara. Amboselirrsavo and Laikipialsamburu can be enhanced by a quality higher education degree. The programm8 offars full funding lo study wildlif8 conSerVatn at undergraduate level at a group of hand-picked univ8rsikn.es in Kenya and works with local schools and NGOS to select gifted students with leadership potential who would not otherwise hav8 th8 Opportunity to pursue a qualrty education. Partnorships: We believe a target driven and collective approach will lead to muGh more effective work in these core ecosystems. We develop and strengthen partnerships with like-minded organisations working together to athieve greater impacis In predator conseNalion. We support orant-making to strengthen grassroots organisations. many of whom know more about the realities of these ecosystems than anyone. We are prepared to make grants to organisations focusing on protectlon of predators as well as community health and education proj8cts. 5.6 AdlvltiO8 KWT-UK seeks to support projects and activities in Kenya that broadly assist in the conservation of predator populations in some of Kenya's most iconic and globally important wldlife landscapes. Funding prlorities are focusèd on supporting leading-edge research on the gcology and behaviour of predators and the sodal and economie needs 8nd d)allengas of locAI (>Jmmunities coexistlng wlth predators and wikllrfe in these 8COSyStems. In common wlth the W, K-UK is committed to raising funds to support data-driv8n and community-supported predator conservation efforts. We belleve in making grants to trusted partners that have a demonstrated Irack record of success. We expeci to build a relationship based on trust so that grants can be primarily unrestrlcted allowing grantees to utilise resources as they see flt, so that they can achieve th8 greatest amount of impact themselves. Grantees are selected because they 8mbody our values. Whilst our natural link and philosophy are to the W. we believe In supporbng the diver8ity of Trew African civil organisatlons that are demonstrably well-run and govemed and whosè missions coincide with ours. Consèqueniiy. we have a gr)nt appli*)tstion proco¢e thgt runs inrlADondontly of the fundinq needs of the Kwf. Whilst we aim primarily to fund efforts within Kenya's three most Important ecosystems, we will consider projects in other areas of Kenya which support broader predator monitoring and conservation. In this year under review Kwf-UK provided funding to both th8 Kv (£8,000) of a general support nature and MPCP (£4,500) which covered both general support, fuel for research vehicles and collars for predators. Further infomialion is available at h awildlifetru Page-11
KENYA WILDLIFE TRUST UK a ChaAtable Incorporated Organlsallon Annual Report and Flnanclal Stslements, 2025 5.7 Commltmont There has been some foGus placed on idents'fylng possibl8 fvnding sources for KWT-UK this y8ar although the Trustees continue to find it hard to attract new trustees with the righl qualifications who can support the CIO. The Twstees still feel we should be able to find our own nlche in the very comp8titiv8 UK market for fund-raising for conservation in Afn'ca. However, we also feel that before we can do that we n68d to revitalis8 the Board of Trustees and encourage the involvemenl of new blood with more experience and higher profiles Ihan oursèlves. With this in mind we are making some tentalive steps towards recruiting new l)oard members. 5.8 Fundln and fundralsln The CIO'S funding is curr8ntly received from individuals. film o)mpanies and small corporatlons and Institutions. Most often, the first individual donation results from a vacation experience in K8nya wh8re individuals are engaged in Gonversation with their guides and hosts and bacoma exposed for the first time lo Ihe alms and objeclives of the CIO in the LX)mmunits'es. Social media sites such as Facelx)ok conts'nue to be important to us providing a steady stream of funds, mostly from individuals. Currently the CIO will accept ch8quas drawn on a UK bank account (preferably. with a completed Gift Aid declaration) and direct donaiions Into the CIO'S Paypal Giving account. We also mantsin payment arrangements with the major fund-raising platforms such as Just Giving and CAF. Individuals, in the UK, can also gn2 thgir tsx repayments as a donath)n to the CIO through their tax return by quoting reference EW39224 in the appropriatè $8ctlon of thelr tax retum. Page-12_
KENYA WILDLIFE TRUST UK Charitable Incorporated Organlsation Annual Report and Flnanclal Stst•ments. 2025 6. FinanGlal Reviow Tha CIO currently holds its funds in 8 UK bank account. Sufficient funds are held to enable the CIO to respond to unexpected events. The Trustees expect to make funding available for specific purposes and prolects identified and approved by Ihem. Our income is currently still at a low level and we have worked wilh KWT to identify where w8 mlght be of the most assistance. We have been aiming to support th8 ongoing equipment n8eds of the Mara Predator Conservation Programme. With this objective we can provide funding on a small scale quickly, m88ting equipment needs which are often overlooked or not eligible from large grants. We feel this is a valuable role, and of course fomis a base for very good story-telling from the field. The CIO aims to be able to make grants based on all donations {unles8 specifically donated for operational SUPFQrt) and aims to limlt its other expenses, where possible, such as advertising and bro¢hur6slleaflets, to funds r8c8iV8d as a result of Gift Aid claims. 6.1 Income re The totsl income received in the year, which included investmenl income of £16812024 £97), was made up from donations, together with rélated tax recoverablè totalling £2.74612024 £10,539)- £460 (2024 £7,030) of the income had restrictions placed upon its usage. 6.2 R88uIt ar There was an ov8r811 (deficit)surplus incurred in the year of £(10,072) (2024 £10,253). ivod 6.3 Funds hel The CIO kéeps minimal funds carried fOard in order to meet if s own immediate future costs as w811 as being able to cA>ntinue to fund those projects it supports. Page-13-
KENYA WILDLIFE TRUST UK a Charitable Incorporated Organisatlon Annual Report and Flnanclal Statements, 2025 7. Doclaration of the Trustse In my capacity as Chairman of Trustees I declare that the Truste8s hav8 approved this report and have authorlsed me to sign it on their bahalf. The Trustees ¢onflmi that they comply wlth the Charities Act 2011 and the amendments made by the Charities Act 2022 and th8 CIO'S Constitution and the accounts have been prépared in accordancè with the CIO'S accounting policies. The Trustees confim that they have referred to the guidance contained in the Charity Commission's g8n8ral guidance on public benefit when reviewing the CIO'S aims and objectives and in plannlng future funding activities and s8ttj.ng the funding policy for the year. Signatur8...... Name.. Position: Dr. Sir Christopher Tuite Chaiman of TfU5tees Dated.. Page-14-
KENYA WILDLIFE TRUST UK a ChaTltsble Incorporated Or9anlsatlon Annual Report and Financial Statements. 2025 8. Statemont of Trustees, responsibilitios in relation to the financial ststements The Trustees are responsible for preparing 8 trustees, annual report and financial statements in accordance with applicable law and United Kingdom Accounting Stsndards (United Kingdom Generally Accepted Accounting Practice). Th@ law 8pplicable to charities in England and Wales requires charity trustees to prepare financial statemenls for each year which giv8 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 tha Financial Statements, for the year 8nded 30th April. 2025. set out on pages 16-20 of this Annual Report and Financial Statements, the Trustees have: . Selected suitable accountlng policies and then appli8d them consist8ntly * Observe the methods and principals In the applicable Charities SORP Made judgements and estimat88 that are reasonable and prudent Ensured that applicable accounting standards have been followed Prepared the financial statements on the going concern basis Th8 Truslees are responsible for keeplng proper accounting records which disclose wlth r8asonable aG¢uraGy at any time thé finanual position of the Charity and for ensurfng that the financial statements comply wilh the Charilies Act 2011 as amended by the Charities Act 2022, the applicable Charltle5 (Accounts and Reports) Regulations. and the provisions of the Constitution. They are also respon51ble for safeguarding the assets and hence for taking reasonable steps for the prevention and detection of fraud and other irregularit18S. Approved by the Twstees at their meeting on 9th September. 2025 and slgned on their behalf by: Dr Sir Chrlstopher Tulte. Chaiman of Trustees .knA2S Robin C , Tre8surer and Trustee Pag¢-15-
KENYA WILDLIFE TRUST UK Charitable Incorporated Organisation Annual Report and Flnancial Statements. 2025 Statsmenl of Flnancial Actlvitles For the year ended 30th April, 2025 Nol• Un- restricted fiinds 2025 Reslrfct•d funds 2024 Total otal Incomlng resources Donallons Tax r8coverablo Investment income Legacy bequest Transfer between funds 2.112 2,572 8,144 1,104 97 1,194 168 (4) Tolal Incomlng resources 2.282 2,746 10,539 Rèsources oxp•nd•d On Projects On ovgrhead8 9,206 318 12.500 318 288 Total R8sourco8 oxponded 9.524 3.294 12,818 286 Net movement In Funds for thé pèriod (7,2421 (2.830) (10,072) 10,253 Funds brought forward 11,666 7,830 19,496 9,243 Total Funds carrfod forward £19,496 The notes on pages 18-20 forni an intègral part of these flnanclal statements Page-16_
KENYA WILDLIFE TRUST UK a Charitsble Incon)oratod Organlsatlon Annual Report and Flnancial Ststements. 2025 statement of Flnanclal AGtlvftles Balance shoet as at 30th Aprfl, 2025 2025 2024 Nots Un-restrlcted Restricted funds funds Total Total Debtor4 Current Assets Dobtors - tax r•eov•rnblo Debtors - funds at Pay.Pal Cash at bank 1,232 1,609 2.815 1,609 7,815 5,000 18,264 Current Llabilltios Total Not Currnnt A880ts £9 424 £19 496 Accumulated Funds Unwrestrlcted fund3 4.424 4,424 11,666 Re8trlcted fund8 5,000 5,000 7,830 Total Funds £4.424 £19 496 Tho noto6 on pag•8 18-20 forni an Int8gral part of these financlal itstements. The above flnanGlal slat?m•nts w•r• approved by tho Trustees at thelr meetlng held on 9th goplombar. 2025. Dated: . Dr. Slr Chrlstophor Tult Chalrnan of Trustoes Robin Cullen. reasurer arKI Trustee rfji.L225 Page-17-
KENYA WILDLIFE TRUST UK a Charltable Incorporated Organisation Annual Report and Flnan¢ial Statements, 2025 Statement of Financlal Actlvities Noles to the Financlal Statements For the year ended 301h April, 2025 1. Basls of preparation Thes8 accounts have been prepared on the basis of historic cost in accordance with.. Accounting and Raporting by Charities SORP FRS 102,. and with Accountlng Standards; and with the Chariti'ès Act 201188 amended by the Charflles Act 2022. 2. Accounting policlos Incomlng R••ourea$ Racognltion of Incoming r••our¢ These are induded in th6 Statement of Financial ActFvities (SOFA) when.. the Charity bec(Jm8s enlilled to the resources the Tnjstees are virtually certain they will re1ve th8 r8s0ur¢e8' the monetary value can bè measured with sufficient reliabi1Sty. Grants and donatlons Grants and donations are only included in th8 SOFA when the Charity has unconditional entitlement to the r8sources. Tax reclalms on donatlons Incoming resources from laxaiion reclaims 8r& included in the SOFA at the same lime as the gift to which thèy relate. Volunteer help Tha value of any voluntsry help recelved Is not included in th8 accounts but Is described in the Trustees. annual report. Inveslment Income This is includad in the accounts when re1Vable. Expondlture and Liablllty Llabllity recognltlon Liabllities are recognised as soon as there is a legal or constructive obligation committing the Charity to pay out resources. Governance costs Include costs of the preparation and examination of statutory accounts, the costs of trustee meetings and cost of any legal advice lo Trustees on govamance or constitutional matters. Grants payabl• Grants payable withoul perfom)ance conditions are only recognised in the accounts when a commitrnÈnt has been made and there are no condition5 to be met relating to the grant which remain in the control of the Charty. Page-18_
KENYA WILDLIFE TRUST UK a Charitable Incorporated Oryanlsatlon Annual Report and Financial Statements, 2025 statement of Flnancial AGtlvltie$ Note8 to the Financial Ststoments For the y8ar ended 30th Aprll. 2025 2. Accountlng poliGles (contlnued) Assets Tangible fixed assets These are ¢apitalised if Ihey can be used for more than one for use by charlty year, and cost at least £500. They are valued at cost or, if gifted. at the value to the Chaiity upon receipt. Detalls of certaln Ilems of expendltur• Trustee expenses None of the Trustees or the Tr8asur8r wer8 pald or relmbursed any exp8ns8S. Professlonal fees In examlnatlon of tho financlal statsmènts - As the Charity's turnover is less than £25,000 no audit of these financial statements is required by law and none was carried out, consequently no fees in relation thereto have been paid. The Charity did not employ any employees. Monies received during this period. in relation to SP8cified projects. were expendod in the same poriod on these projects or. alternatlV81y, are b8lng held on aGcount pending fundin9 approval. Transactlons wlth r•lat•d partias None 3. Resources expended on Projects Employees Rostrlctod lund8 Rastrfctod restrlctsd Funds funds 2025 Totsl 2024 Mara Predator Conservatlon Programma Kenya Wlldllfo Trust- general support 2.000 2.500 4.500 7,206 794 8,000 £9.206 £3,294 £12.500 Page-19-
KENYA WILDLIFE TRUST UK a Charltable Incorporaled Organlsatlon Annual Report and Flnanclal Ststsments. 2025 Statement of Financial Actlvltlos Noles lo the Flnancial Statsments For the year ended 30th Aprfl. 2025 4. Resourc•8 expended on Overheads Un-R•8trleted Funds 2025 2024 Insuranca costs Data Commlssloner rggistratlon Marketing costs Bank charges 253 40 246 40 25 £318 £286 5. Taxatlon As a réglsterod charlty Konya Wildllfe Trust UK hold8 an exemptlon to taxatlon on Its income and capltal galns from HMRC. 6. Accumulated Funds Reslrlcted Funds: 2025 2024 Mara Predator Consrovation Pro9ramme Poople8 of the Forest of the Lost Chlld Kenya Wlldllfe Trust 2,036 5,000 794 s,000 £5,000 Page-20-