REGI￿ERED COMPANY NUMBER: (Enqland and Wales) REGisfERED CHARtFY NUMBER: 1164542 rt of the Trustees and FlnaKial Statements for the Year Ended 31 March 2025 for British Hed Preservatlon 5oc(et Thorn2 Wldgery Accountancy Ltd Chartered kcountants Statutory Audiiors 2 Wyevale Business Park Kin85 Acre Hereford HereforiJ5hire HR4 7BS Brlt15h Hed ho P￿Se￿atIOn Sc*let Contents of the Financial Statements for the Year Ended 31 March 2025 Page Report of the Trustee5 1 to 10 Rep)rt of the Independent Audit( 11 to 14 Statement of FTTrancial ktiwties 15 BaiarKe Sh*t 16 to 17 Cash Flow Statement 18 Notes to the Cash Flow Statement 19 Notes to the FlnaThcial Statements 20 to 30 etalLed Statement of Financlal ￿tl￿tIeS 31 to 32 British Hed ho preSe￿atIon SLKiel rt of the Trustees for the Year Ended 31 March 2n5 The Trustees present their annual rewjrt together ¥￿th the aud1￿ flnancial siatemenis for the 1 April 2024 to 31 March 2ff25. The Trustees confirm thal the Annltal Rep(rt and flnantlal statements of the Charity CoM￿Y with the current statulory requlrements, the requlrements of the Chariws governing document and the provisions of the Statement of Recommended Practice ISORPI, applicable io charities preparing their accounts in accordance with the Financlal Re￿￿tIng Standard applicable in the UK and RepublK of IreLand IFRS 1021 leffective 1 January 20151 as arnende(I by Update Bulletin 1 (effective 1 January 20151. Slnce the charlty qualifies as small under 5ecfjon 383, the strateglt repori requlred of medium and large companle5 under The Conyanie5 kt I￿6 (Strategic Repwjrt and Dlrecior's Reporii Re8ulatlon$ 2013 Is not required. OBJErnES AND ACTIVITIES Objectlves and alms Polld05 and obJ•¢¢iv4s We have worked hard this year to achieve our objectfve5 and Inwrove the situation for hedgehog5 Tra￿on￿￿￿e. t)Jr strategy can be summarised as: 1. To provlde advocacy and an exFert source of Information and 4dvkt to the public, buslnesse5, 8overnThÈnt and other organisations regarding the conservatlon and welfare of native hedgeho45 and iheir habitats in the British 151e5 and seek further legal protection of the hedge￿ as necessary. 2. To encourage people to respect hedgeho45 other wildlife by providlng information and supporting educational actlvltles. 3. To fund research that helps build a better understarmllng of the British ￿dgeho¥ populatlon and its Sustainablllty. 4. To glve aurce of information and adVfj￿ to the public, bu51ne55e5, governrnenl and other organisations re8ardlng the conservation and Welfa￿ of natlve hedgehog5 aTrJ thelr habitats In Ihe Brlt15h 151e5 and seek further legal protection of the hedgehog as necessary. 2. To enC￿rage people to respect hedgehogs and other wildlife by providing informatlon and SUp￿rting educatlonal actlvfjlles. 3. To fund research that help5 tyJild a better understaTrdin8 of the Brttlsh hedgehog w*puLatlon and its SU5talnablLity. 4. To give athce ¢0 the wbioc concerning the welfare of wlld I￿￿ehO¥S particularly when injured. sick. treated cruelly. orphaned, w facing other challenges. The porAJlanty of hedgehogs thes not seem to wane, ¥￿th lots of rnedTa coverage and posllfvÈ aciions belng taken by people to help this decllnlng spedÈs- for this we are very grateful. Tru51ee5 have been uslng ow S.ye¥ strategy to shape and plan our work and effort. In the offlc• We have been worklng hard to achleve our alms and a551st hed8eWs in every way we can. We recelve many requests by email, telepfvjne and P05t asking for help wlth pjorly hedgehogs or affvtce on how to help or enC￿rage them l* the garden. Around 10,0￿ telephone calls per year are taken by the Charlty. We also receive many requests S￿la1 rrEdla, having very actwe Facebook and Twitter acctyjnts, our Linkedln account is growing and this year the cha￿tY alw began an account on Instagram. This year we employed a fvll time Comnwnkations Officer to help 5FKead the word further and Improve reach. We give advice to people on helplng hedgehogs and. where ne￿$Sary, wt them in tOl￿h with a local independent rescue contact and1￿ send out information leaflets. Out of office hours there 15 an answer phone vrith emergency n￿nberS for people to tall if Lhey have an Injured or k¥)orly hedgehog and an auto emall reply vhth first ald fn5tructions detalls of obtalnlns further help. The numbets Ilsied on the answerphone are of a few Tr)re experienced rehabllitators who offer adv(ce and have an Up-tO-da￿ record of all independent rehabilitators frorn the directory we keep. enabling them to flnd a local contact for the caller. Thi5 is very all worklng toward5 achievin8 our lirst alm of offering athice and help to the publ1¢ and our second alm of educatlon. The usual two newsletters were prothxed and sent to supporter5 and rehabilitators as well a5 rnembers of the press. ThT5 year we launched an ernail option for the newsleiier which I￿11 be more econornlcal and environmentally frlendly. Education and Project packs were sent out to schooL5, browThies, scouts, etc. We also sent out Carer Pad(s and Vet packs to wtentfal new independent rehabiliLators or vets that may be ￿11￿￿ to join the dlrrftory we maintain Icurrently around 6001 of people and Cent￿S who will take In slck, injured, or orphaned hedgehogs arou￿1 the country. T1￿)uSandS of requests for Information leaflets were fulfilled for members of the wknlic. and all are available for free download on webslte too helplng us further our Exffis Brewery- Save clubs In the league a chance to compete in an FA cup style competitk)n and was a big success. The competition culminated in Decernber 2024, with a final between Premiership giants Wolverhampton WaThde￿rS and League (h)e's Northampion Town. Wolverhampton really ran with the comWition, Yeyjlting in team photos, promtional videos from top players, the manager wearing a BHPS badge In a ielev15ed press conference. and BHPS pK)siers and slgnage telng dts￿ayed al •K>lineux on the blg screens and advert15ing boards around the pitch durlng maiches. Pa￿3 BrStlsh Hed h Preseryation Socie Re rt of the Trustees for the Year Ended 31 March 2tll5 Build1￿ on th5$ success, we plan to run another Cup competitlon In 202516. Research Two important pieces of research funded by the Charity scheduled to conclude in 2024 were 51i4htly delayed to health Issue5. 7he prevalence and irnplicaknon5 of micmpla5llc ingestion by hedgehogs irb the UK" IE26.1281 and "Mlcroblomes of Eur￿an hedgews In Denmark and the UK.-1£35,IM)I sfvjuld now be concluded ITh 2025. In July we invested £5,584 on a project by Dylan Yaffy IMRCVSI - a macroscopic and hislopalhologic investigation of kldney dlsease In assoclatlon ￿th dtet composltlon in a populatlon of European hediehoy. Rewlts S￿)uld be us In Aprlllmay 2025. We SUppr￿ted a projert by Prickly ￿.85 Rescue ￿ntre in Qtley in February 2025 - the project is on usin8 RFID ta8$ to monttor survfval and behavlour and we Invested £10,7(MJ.16 Into thi5. D•v•lop•rs We are delighted to continue working with developers inclLh4ing Bows Fksmes (now known as The Vistry Groupl and Taylor Wimpey who pledge to create hedgehog highways in all their new build propertie5 whenever posslble. Connectlvlty ts IM￿rtaNt to allow hedgehogs to use habltat. Developers workiTr8 Wth us are installing the highways 13tm sware trKsles that are created at ground level In feKlng and oiher barrfers . to allow access be￿eefi gardens and wilder areas. We are also encouraglng developers to work ￿￿th us to find rTh)re ways of helplng hedgehog5 On site. Wlth some of the larger developers on LK)ard we are hoplng companies wll pledge to make this small brt important feature a part of every new trA￿ld. Garden Wjldllfv Health Project With the research aim Tn mind, we ￿main active forum members for the Garden Wildlife Health project belng run by the Institute of Zoology at London loo. This projeci is Irx)kin8 at disease in wildlrfe. We refer people to thè project if they have found a dead hedgehog In thelr garden so that the project can re¢west the Lxdy If they requlre post.rnortem. H•d8•ho8s on Ulst The NatureScotlRSPB plan to relocate native hedgehogs from the Uist Islands contfnues aNI tw continued to work wlth us on thls. HedgeW$ are no longer being kllled on Ulst, so funds were used to provide a han¢*>ver point on the Island where Ihe hedgehogs were housed and fed until they are shlpped to the malnland and io pay vet Costs a5 nece55ary. Funds were a150 used to relocate the hed4elK)gs to the rnainland where they were given a health check and Safely released. However, Since 2020, this work has not been uThkrtaken and ha5 nol yel restarted. We remain in contact wlth Naturekol and the RSPB helping them to shape the fuiure for this project. We remain graieful to Pat Holtham. our volunteer the p51and, who made relocation work so far F¥)ssible. H¢dgelK>g Awareness Week Hedgehog Awareness Week ran from 5th - 11th W 2024 and the week was Èxtremely busy wlth people getting involved with wiiting letters to the press, holding awareness and fundraising events, and oryanising displays of Infofmatlon in Garden Centres, LIl￿arles. Schools, etc. We utllised S￿la1 media. using #hedgehogweek and we received telebrfty support from our Patrons as weil as other well-known faces. The very talenteij and generiJJ5 Ann Ross once again doTrated a series of infographics for relea￿ during the week offering athce on helping hedgehogs and these were some of avr most popular srKlal rrEdla w5t5. Th15 wa5 very rn￿h a week dedlcated to our Ed￿ation aim. We were very saddened to learn of the death of Ann Ross Tn December- she generously SUPPDrted the charlty with her talent for a numkr of year5. She was always 59 kind, knowtedgeable and created such informatlve, yet fun de518ns for u5 . will be much missed. Strlmmr Stl¢ker¥ BHPS erKourages councils, Tool Hlre Conwanies, etc lo use wamFng stickers (that we prO￿lIe to them free of charge) asklng people using strlmmers, nwwers. hedge cutters, etc to check carefully for hedge￿g5 before cutting. The ompanles are invited to send images of the stickers In use. on their machines and in return we list their 8(x)d deed on the website. There are currently around 174 listed and 105 of thryjsands of 5tKker5 have been distributed to s￿h roups. The Range We have continued to work with The RaTh8e stores on provfdtng hedgehog Infomiatlon and advlce to their custorr*rs and rewilding areas around some of Ihelr Stores. TW have kindly agreed to have a collectlon In every store for us. We now have collectlon boxes In 184 stores that have ralsed over £87,1￿) to datel Page 4 Brittsh Hed eho Preseryation Societ of the Trustees for the Year Ended 31 March 2025 He*ehog FAendly Caryu5 The university and college project had a successful year. 6 universitie5 Si8n¢d up to tske part in ihe f￿lY supported programme, whlch includ25 a set of delivered activities, accreditatlon cerilflcate and a new end of year student-led audit. 11 universities or colleges signed up to the basic programme which irKlude5 access tg the toolkit and accreditatK>n but no supporting a¢tivlt(es. 2Z unlversltle5 or college5 have signed up to the Bask or Minimum package, which prowde5 them with open access to the toolkit actiorts. Ail instltutlons WILI submit for their awards at the end of Alay 2025. The prograMTh￿ conts'nued its expansion into primary and setondary 5chLX)Is, recruitir8 33 new prfimary sth¢)o15 and secoThJary schools. Thls year, working in partnership with Wlrral Councll, Hedgehog Friendly Sch(x)1s ha5 also been Ikiivered to ZZ primary schools and secondary across the Wirral reglon, In collaÈoration with the council's Eco Sthools netwoik. The project has delivered workshq>s, a55ernblie5 and trainin8 to over 12,XQ stsff and students. Thi5 include5 9 hedgehog suNey workshops for uThlversity and FE colleges. It has delivered the Hedgehog Ecology and Land Management f￿ Practitioners IHEMPI training course to 7 universii*s, colleges and schools and dellvered 4 student recruitment stalls. As well as deliveri￿ 8 online peer networking sessions for schools, college5 and unlver51tles. As part of the prolert's Blg Hedgehog Friendly Litter Flck, over 22CV voiunteets tollected al￿￿t 850 bags of Litter. London Ho8Watch LonthTrn Hogwatch is based at ZSL'5 5dence wlng. Ihe In5tltute of Zoology. The project. established in 2016. use5 cameia-trap surveys run at different 5tale5 (from the laryest parks to private gardens) to understand factors influencing their distributions and abundance across Lhe capital. The long.term goal is to work towards informing and Impro￿n4 conseThat1on strategie5 and Improvlng habltat corridor5. Slnce 2016, they have con(kKted over 130 $wv￿, 3770 camerd placements, in¥¢A￿￿s 14￿ volunteers across two thirds of London'5 boroughs. In 2024, they deployed ~5￿ cameras across 11 London boroughs and engaged -220 yolunteers in hedgeho8 conserwation. This year they have Conducted two major 150 camera suNeys in Richmond Part( and Hampslead Heath. Hampstead Heath is the largest hedgehog Fopulation In London and continued ny)niiorlng Is cdtlral to a55eg5 its cOnse￿allOn status. In 2024 they continued to work wlth counclls and local enYlr0nTy￿tal 8roup5. For example, supporting Ealing Wildlife Group in their new Ealin8 Hedgeho8 project and deploying over 40 cameras across the boroLv4h. They have continued to work in the borough of Kingston, condurtin2 two surveys and leadin8 on KiTrgsto Biodiversity Partnerships hedgehog species action plan. A5 part of the National Hed8eW Monitorin8 Programme, I have cOntIn￿ to provlde technical expertise on method5, develop the data pipeline and conduct surveys. This year they have Car￿ed out a large anNxsnt of publlc engagement to raSse awareness on hedgetw conseryaiion, Slvfng 11 tslks and worksk*ps, engaging an audience of 350 people. Trustees have agreed to continue to SUFfJort this project by further commfttln8 over £77,OCQ to see It through until Ociober 2025. Hedgehos Ht)use The office ￿lIding we use has deteriorated over the years and is quite damp with other repalrs also recessary to himney and roof. Trustees looked at varfous options, but It was decided the current prernises were worth Investing in and would be ￿K>re ecorK*mic and practical than Lookins to relocate somewhere new. Quote5 were obtair￿d and work 11 begln to remedy a number of issues in 2025126 which will make the r4ecessary repairs and ensure staff have somewhere safe to work for many years to come. The cost of the work 15 expected to approach £1Q),CO) and will be pald in the next financlal year. Reh&bllitators As well a5 offerlng an emergency grant scheme to help indepeThJent rehabilitaiors wh) need financial assistance, we continue to ensure every one of the almost 6(K) Independent hedgehog rehabilltators Ilsted with us has a heat pad, as we believe it 1$ an essentlal piece of equipr[￿t for hedgehog care. If rehabilitators li5l themselves on the directory we keep and do not have a heat pad. we serld one to them free of charge. Thi5 year we 5pon50red the 10th Iketin8 of the European Hedgehog Research Group cl) 16th and 17th Jawary 2025 in Berlln, Germiny which researchers and rehabillla¢ors attended. Page 5 British Hed h Preservation k£ie rt of the Trustees foT the Year Ended 31 March 20Z5 The Hedgehog Flrst Ald and Rehabllitatlon tourse that we run In torblunctlon wlth Vale Wlldllfe Hospltal tontlnues to be very popular. The course cost5 £70 Ftr per￿ but we sub51th5e the cost for people are listed on our dlrectory of rehabllitators, so It only c05ls thern £35. So far 2214 people have attended the course. We also worked with Vale to offer a new mlcroscopy Course, again subsidislng those on the dlrectory we maintalTh and offerlng for the same prfce. The flrst course was In November 2024 and w far 31 people have attended this cwrse. We often get approached by the media asking for hedgehogs to be taken here and there fcf fllming. We alwa￿ ask that, if they need to film hedgehogs and cannot use stock footage, it should be In the wld or at a rescue centre for the sake of the hedgehogs, welfare. Thls sometlmes means we lose ihe pleee to a rescue is mre than happy to take a hedgehog io a filming studio all day. We collaboraieil wlth RSPCA, The Brttish Veterinary Zoological Society, The Brbtish Wildlife RehabilitatioTh cou￿11, People's Trust for Erbdangered Spetles, Secret World Wlldllfe Re5¢ue, Shepreth Wlldllfe Conservatlon Charity, and Vale Wildlife H05Pital on a best wactice guidance sheet Including all those organisati)ns' logos. This will hopefully reduce the requests and let Tr companles know that It Is not aeteptable on welfare gr￿nds to have wild ￿dgehO8S in the 51udio. Another best practice guide with the same slgnatories ha5 been created to cover adwce about wt taklng hedgehogs to shows, talks, Wl's, sch(xAs, etc whlch we understand Still happens In sorrE In5tance5. We have published troth gubdes on the website and sent out email and hard coples to rehabllltator5, we a150 Include relevant guidaKe in our educatlon pack5 and send to the media as necessary. We have working for a number of years on a database for independent TehabilitatOTS IYI the directcffy we malntain to be able to atce5s and use for free to maintain patient infommtion. This is very nearly ready for test reieÈse. and we have been wDrklng hard to make sure that it is as user ftiendly and accessible as ￿$Sible to encourage as many resojes as p0551ble lo make use of the database. Thi5 s￿lUId help us identify trends and potentlally Illness or dlsease issue5. Trustees have commilted £38,8C#) to the project so far and there wrtl be amual ongolng costs to keep It runnin8 and operalional in the future. Sodal hledla Our stxlal rredla audlences are contlnulng to grow overall across X, Facebook, Instagram and Llnkedln. These platfo￿ enable us to quickly send'alerts. to many people regar(ling how best to help hedgelK)gs at any given tirne of year, as weil as engaging them to share our information W￿delY and easTly. These platforms also enable us to link WJ with existin8 partners and create nvrt partnerships with scope for fundralsfng opportunltle5. We now have rmre than 234,000 (otl¢)wers on Fa￿bOok and whlle we have thanges on X wlth both followers armj engagement dropplng lin line ￿th reports from others in the 5ectorl. we still have over 60,020 follower5 meaning rne55agin8 ha5 the ￿tentIal reach a very wide aUdIe￿e. Our Linkedln account ha5 grown a lot In the last year. and now has over 9.5rKI followers, and the still qulte newly launched Instagram account has over 22,1￿ followers. We are very pleased to be able to ut1115e these free t￿15 to benefit hedgehogs across the cwntry. We a150 have a Tube channel whKh we WLI be lookln8 to bulld up. The Lfttlest Hoglet We commisS￿ned an anlmath)n called the Lltile5t Hoglet - created vAth productlth tompany Llqwna and narrated by environrnentalist Chri5 Packham. The Littlesl Hoglet 15 a Short stop-￿tiOn animation fllm whlch wa5 released as rnini.serie5 during Hedgehog Awarene55 Week 2024. The charming tale follows the misadventures of a young Wog acddentally teaches us fv)w to make wr gardens safer, more welcomlng spaces for hedge1￿9$. The episodes were then ￿-e(lited into a short 5-rninute-lon8 fllm and entered Into a number of fllm festlvals. We're delighted to say The Littlest Hoglet reached the fln&l of the Smlley Charity Fllm Award5 in March 2025, where it wr the GraNI Prrx People's Choice Award. This award is based on public votes - rrEanin8 our film Bained the rnost p￿lIC votes of all the films entered by all charttfes - whose Incomes rnnged from under E1rKI,ofA) to over £50million. The Liltlest Hoglet also won second place at the Edlnburgh Co[￿er¥allOn Filrn Festlval and recelved a Certlflcate for Signlflcant Cultural Contrlbutlon at the Mox Sir Inlernational Film Festival. Fundralslnl The shop online Is one of the mosi popular a￿5 of (wjr web51te and is likely to I￿rease traffic to other areas of the slte. People can also make a'gift card donatlon. via the onllne slK>p and recelve an excluslve BHPS glfi tard fealuring hedgehog facts, bthldllfe welfare a(Mce and conservation tips to pass on to a loved one in lieu Of a gifL. Atl profi't5 from the Tradlng Cornpany are dotwted io the Charfty each year and we recelve kind ¢k*nations given with orders tts). Page 6 British Hed ho Prese￿atIOn Societ Re rt of the Trustees for the Year Ended 31 March 2025 Our legacy support Is vital to the Charity teins able to undertake large projects and t*￿e were many klnd Èque5ts left to the Charity this year. Flnanclal revlew Goln8 conc¢rn After making appropriate enquiries, the iru5tee5 have a rea50nabLe expectation that the charfty has adequate resource5 to continue in operational existertce for Ihe foreseeable future. For thEs ￿aSOn, they COnLinue to a(topt the going concern basis Irb preparing the financial 5taterr*nts. Further details regarding the adoption of the going concern basis can be found in the Accouniin8 Poliae5. Flnandal tlsk maM4*ment objectives and polldes Trustees take reputational. operational. and financial risk very seriously. Rfsks are monitored reguiarty and managed p)siiively to Ilmlt the adverse consequences that can arise from unfavourable events. Reserves policy Trustee5 firnily believe that money should not be accurnulated for il5 own sake. The Charity is wtKslly rellant upon the generosity of its supwters and the publk. A target level of income can never be 8uaranteed or taken for granted. Trustees airn to reserves that VAII ensure the objectives of the Charity can be pursued with sory* confldence and certainty over the medium term recogni5in4 the inevitable fl￿tuatIOnS in annual incorne and the opporiunlties ihai can suddenly arise. The Charity also ha5 a multiyear future programme of working wlth and fundin8 kindred chamties to further tts objectives. Trustees judge that the current level of reserves puts the Charity in a strong posltion to susta)n its activtties for the foreseeable future. At the end of year, the arntyjni of unrestricted re5eTves stands at £4,032,16812024: £2,914,834). This amount Includes several very generous legacies, for which of course we are extremely 8rateful, but which cannot be foreseen. These le8atle5 wlll be used for special pmjects rather than day to day running of the Society. New woject proposals that beneftt he￿ehO#S will Èe tonsldered and opportunitles taken a5 they corne alon8. We are very thankful to be able to support projects due to generous thnor5 rememberins u5 in their wiLI5. Some of the fund5 are alrea0¥ committed for the next finandal year, £1￿,0￿) for bjlldlng ￿paIrS, £54,C¥J) for Hedgehog Street, E30,C(¥) for the National HedgetK)g I￿nitOrIng Prosrar¥fft, £38,8(KJ for the rehabilitaiion patltrnt database, £8,5￿ for some scienLSflc papers on road Impacts to be publlshed as well as an expected application from London Hogwatch and Hed8eho4 Friendly Campus. Prlnclpal funthng None of thls fantasik and IM￿rtant WO￿ couipted by the foundèrs of thè Chadty on 23 May 1985 whlch was amended in AW 2002. Its reglstered chartty number was orlglnally 326885. By a deed signed by tru5tee5 on 18th November 2015 the Chartty converted to a Charltable Incorporated ¢￿ganiSation (CIO) and Is govemed by an up to date constftutlon ¢￿taIned In thls deed. The Charfty's reg15tratlon number is r￿W 1164542. The Charftys objective5 remain the Same a5 tI￿e orfglnally adopted by founders In 1985. Mothod of appolntmènt or •lÈctlon of Trust••5 Tn￿leeS are ap￿Inted In accordance wlth the Charltys constltutlon awoved in k*)vember 2015. Trustees are recrulted by existlng trustees through a rigorous process that i¢kntifies skllb and expert needs of the Board of Tw5tee5, atherti51ng t￿￿tee vacancies and evaluation of applications and interviewing potentlal candidates. Polkles adopted for the Inductlon and tralnlng of Trustèes Followlng appolntrnent trustees undergo lThJLKtlon tralnlng and coniinue to undertake per5wal development to enswe the Charity Is effectlvely governed and the highest levels of SLewardshlp are rnalntalned. Ctrynl$atlonal structure and dedsh)n maklng The Board of Trustees meers every three rTK)nths unless It 15 necessary to thl vrith an urgent matter. The P4)ard of Trustees 15 as51sted and athsed by the Societys President Dr P I•K•rr15 and Trading Cornpany ￿'reCtOrS, Ms M Horscrolt and H Hancock. Ms F Vass a5 Chref Executive attends every Board r￿ting. The Secretary to the Board 1$ hls H Coleman. Day to day management and organTr5ation 15 delegated to F Vass, an employee of the charity. Related party relatloDshlps The Charity wholly owns a private Ilmited company: Brftlsh Hedgetvjg Preservati￿ Society TradTng Llmlted - Company Registration Number 03407846. The Company sells various hedgehog related gifts and 50uvenir5 aNI fundrai5es for the charlty. All proffjt5 madtr by the Coryany are donated to the Charity. The offlcers of the Company are: Dlrettors: Ms Al Horstroft and Ms H HancLtk. Cornptny Secretary: F Vass. The Company's Indepenilent auditors are: Thorne WTdgery, 2 Wyevale Buslness ParK King's Aue, Heref￿d, HR4 7BS Risk management The Trustees have assessed the major rlsks to which the tharfty 15 exposed, in particular those related to the operations and finances of the charity and at? satisfled that systems and wocedure5 are in place to mltigate our exwJ5ure to the rnajor risks. Enga8ement wtth s￿PIterS, customers and other$ None of this fantastlc and important worf( could ie carrled out wlth(yJt our Supporters, so we V￿Uld Like to thank each and every ￿ of them. As well as the Supwtws, the Chartiy has enjoyed fanta5lic help from Its Patrons and the Tnjstees, are of cOu￿e, very grateful to thern too. A final vote of thank5 soes to the broadcasters, reporters and ffiends In the medla lor the coverage of the work of the Soclety and highltqhtlng the pllght of hedgehogs. REFERENCE AND ADMINITrATIVE D￿AlL5 Re8lstered Company number IEn8land and Wales) Registered Charity number 1164542 Page 8 British Hed eho Pre5eryation Socie Re rt of the Trustees for ihe Year Ended 31 hlar¢h 2025 Re8lstered offl¢e Hedgehog House Dhustone Ludlow Skwop5hire SY8 3PL Trustees Dr N J Reeve Ms I Verret Mr5 K E Bullen Dr M P(￿nd Mr J Hampstead Ichafjrl Atr L Rurlander (appointed 16.7.241 A15 L Ethnbotough lappoiThted 16.7.241 Mr B Tklmas laFvointed 16.7.241 Audlt¢)rs rne Wldgery ￿c￿ntan¢Y Ltd Chartered Accountants Staiutory Audilor5 2 Wyevale Business Park Kings Acre Hereford Herefordshire HR4 78S Chl•f Exe¢utfjv• Mlss F Vass Charity registered nthnbèr 1164542 R￿St•red office Hedgehog Fk)use, Dhusione. Clee Hlll, Ludlow. Shrop5hire, SY8 3PQ Cornpany secreLIry M5 F Vass FUNDS HELD AS Cu￿0DlAN FOR OTHERS The Soaety tknes r￿¢ hold any funds in any capacity on behalf of others STATEMENT OF TRUSTEES. RESPONSIBILITIES The trustees Iwho are also the directors of Britlsh Hedgehog Preservatlon Sodety for the purposes of company lawl are re5w>n5ible for preparin4 the Report of the Trustees and the financial statemenl5 irh accordarte wlth applkable law and United Kingdom Accountin8 Standards (United Kin8dom Generally Accepted Acc¢wnting Practice). Page 9 British Hed eh PreseTvatK¥Th Sttiet Re rt of the Ttvstees for the Year Ended 31 March 2025 srATEAIENT OF TRUSTEES. RESPONSIBILmES- contlnu•d Company law requires the trustees to prepare financlal statements for each financial year which glve a true and fair iew of the state of affairs of Ihe charltabie company and of the incorning resource5 and application of resources, including the irKW* expenthture, of the eharltabie company for that period. In preparin8 t￿ financial staten*nts. the trustees are required to select suitable acCO￿tIng policies and ihen apply them consistently. observe the rneth¢xls and prinaples In the Charity SORP,. make judgerrEnt5 and estimate5 that are reasonable and prudent: State whether applicable accounting standards have teen followed, S￿)jeCt to any materfal departures thsclosed and explained In the flnanclal statements. prepare the financial staternents on the goln8 concern basls unless It Is Inapproprtate to presume that the charitable tompany VAII contlnue in business. The trustee5 are re5ponslble for keeping proper accounting records whlch dlsclose vAth reasonable atcurtcy at any tirre financlal t￿$1110n of the charltable company and to enable them to ensure that flnaKial State￿￿￿ts comply with the Ccffipanies Act 2(Th. TW are a150 respx>n5ible for safe8uar(ling the assets of the charftatAe c¢)mpany and hence for taking reasonable steps for the preventlon and detection of fraud and other irregularFtles. In 50 far a5 Ihe trustees are aware: there 15 no relevant audit inforrtsation of which the chariiable company's audltors are unaware.. and the trustees have taken all steps that tl*y (Hjght to have taken to rnake themselves aware of any relevant audit informatN)n and to establlsh that the audltors tre aware of Ihat iTrfomiation. AUDITORS The auth'iors, Thorne Widgery Accountancy Ltd, will be Proposed for re.appolntment at the forthcomlng Annual Gerernl I•Eeting. Rewrt of the trustees incorwratlng a strategic report, approved by order of the board of trustees. as the company dlrettors, on ....... and signed on ihe board's behalf by.. I Verret . Tru Page 10 Re rt of the Inde dent Auditor5 to the Trustees of British Hed eho Preservation S¢Kiet Oplnlon We have audited the financlal statements of Brltlsh He*hog Pre5eryation Society 1the.charita￿¢ ￿mpan￿) for the year ended 31 March 2025 which comprise the Staterne￿t of Fonancial Activities, the Balance Sheet, the Cash Flow Statement and notes to the finaftcial stalernents, including a 5urnmary of $1gnificant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and Unlted Klngdorn ACCO￿tIng standards {Unlted Kin8dom Generally Accepied Accounting Practice). In our opiThion the financial statement5'. 81ve a true and falr view of the state of the charitable coNVan￿S affairs as at 31 March 2025 and of its incoming resource5 a￿d applfjcation of resources, Including Its Income and expenditure. for the year then ended., have been properly prepared in accordance wlth Unlted Klngdorn Generally Accepted knounting PracLlce- and have been prepared in accordance wtth the requirements of the Companie5 Act 2¢)36. Ba$ls for oplnion We conducted our audit in accordance with International Standards on Auditing IUKI 11SAs IUKII and applicable law. r respM)nsibilities under those standard5 are further destribed in the Audltors. responsibilities for the audit of the fina￿141 $￿ternents section of our report. We are independent of ihe charitable cornpany in accordance with the elhlcal reqUire￿￿ThIS that are relevant to our audil of the fIna￿la1 statements in the iIK, including the FRC'5 Ethical Standard, and we have fulfilled our other ethical re5pon51bllltie$ ln accordance with these requirements. We ￿lIeve that the audit evidence we have obtained is sufficient and approprlate to pro￿(le a basls for our opinion. Concluslons miatln8 to goln8 Concern In auditlng the flnancial statements, we have concluded ihat the tru$tees' use of the 8oin8 concern basis of accountlng in the preparation of the financial statements 15 appropriate. Based on the work we have performed, we have r￿>t identifled any mateilal uncertaiTrlies relating to event5 (* condltlons that, individually or collectively, may cast significant doubt the charitable companls ablllty to continue as a going concern for a pernd of at leasl twelve nxjnths from v4hen the financial $taten*nts are authorlsed for i55ue. Our reswnsibilities and the responsibiLltle5 of the trusiees with reS￿￿t to going concern are dexribed in the relevanl sectlons of thi5 report. Other informatlon The trustees are responsible for the other Informatlon. The other Informats'on comWses the informatlon included In the Annual Report, other th3Th the fiThandal statements and our Report of the Independent Auditors thereon. Our opfnion on the financial statements n'. the information given in the Report of the Tyustees is inconsistent (Th any material re5￿cl wlth the flnancial statement5,' or the charitable company has rnt kept adequate accounting record5. or the finandal statements are [￿t in agreernent wlth the accounting records and returns; or we have nol rÈceived all the inforFrnltion and explanatw)ns we require for ow audit. Page 11 Re rt of the Inde ndent Auditors to the Trustees of British Hed eho Preservation S(Kiet Re5ponslbllitle5 of A5 explalned rn0￿ fvlly In the Statement of Tiustees. Responslbllltles, the trustees Iwh) are also ihe threctors of the charitable company for the wrposes of compaThy lawl are responsible for the preparatlon of the fIn￿Kial statements and for being satisfied thal they give a Ir￿ and fair view, and for such Internal control a5 the tru5tee5 determine 15 necessary to enable ￿ txeparatkjn of financlal statements that are free frrTh rnaterlaL mlsstatement, whether due to fra￿1 or error. In rKepartAg thè flnantlal 5tatèrnent5. the tru5lees a￿ responsible for assessing the tha￿table companys abl11ty to continue a5 a golng concern, disclosing, as applicable, matters relaied to going corKern and u51ng the going Con￿rn ba$15 of aecountlng unless the trustees either intend to liquidale Ihe chariiable company or to cease operations, or have no realtstlc alternative tsjt to do so. Page 12 Re rt of the Inde dent Auditors to the Trustees of British Hed ho Preservati￿ Societ Our r￿pOnS￿)Illtles for the audlt of th• flnandal stat•m•nts We have been appo5nted as auditors under Section 144 of the Charitse5 kt 2011 and report In aCcOrda￿e wlth the Aci and relevant regulation5 made or having effect thereunder. Ow objectlves are to obtain reasonable aSSurar￿e about whether the h"naDclal statements as a whole are free from materfal misstatemeni, whether due to fraud or error. and to issue a Report of the Indepw)dent Auditors that Includes tyjr opinion. Reasonable asSUra￿e is a high level of assurance, but is not a guarantee ihat an audil conducted in accordance with ISAS IUKI wlll always detect a rnaterial misstatement when it exists. Mlsstatements can arise from fraud or error and are cons￿red mater(al If, In¢thvidualLy or in the aggregate. they could reasonably be expecied io influence the economic decisions of users taken the basi5 01 these financial statement5. The extent to which our prc(edures are capable of detect6n8 Irre8ularities, including fraud is detailed below: Fraud and brèaches of laws and regulat11￿s- ablllty to detect Identity'ng and res￿ndIng to risk5 of material misstatement due to fraud To Identlfy rt5ks of material rnisstatement ¢JJe to fraud Iyraud risks'l we assessed event5 or conditions that c￿Ld Indfjca￿ an in￿ntIVe or presywe to commit fraud or Wov1￿ an OPkY>rtunlty to comrnlt fraud. Our risk assessrrent Pr￿ed￿re5 itKluded.. o Enquiring of trustees, the flnance committee and inspection of F#)licy documentation as to the Charfty's hlgh.level Folicles and procedures to prevent and detect fraud as well a5 whether they have knowledge of any actual. 5usre¢ted or alleged fraud. o Reading Trustees. n*etings and finance cornmittee minutss. o Considering performance iargets for rnanagement. We CoMn￿nICated Idenlilied fraud rfsks throughout the audit team and remalned alert to any Indlcations of fraud Ihr(*JghDut the audlt. As required by auditing standards, and taking Ento account ¢xJr overall knowledge of the control envlronmtnt, perform procedures to address the rlsk of managernent overrlde of controls, in partKular the rlsk that mdrsagement may be in a posltion ro make Irwppropriate accountlnl entries. On thls audli we do not belleve there is a fraud risk related to revenue recognltlon because the revenue is non-ludgemenial and straightfotward, wlth limited oppvrtunity for maniwlation. We did not identify atby additional fraud risks. We performed procedures Includlng IdentIf￿ng journal entrie5 to test based on rlsk crlterla and tomparlng the fdentlfled entries io supporting documentation. These included those posted by finance managementl tl¥)se pM)5ted and aFproved by the same userl those wsted to unusual accounts. bdentlfyfw and respondlng to rt5k5 of nwterial misstatement due to non-¢ompllance wfth laws and regulations We identified areas of la¥Y5 tynd regulalions ihal could reasonably be e¥)ected to have a rnaterial effect on the flnanclal 5taternents from our general commercial and sector experience, and ihrough discussioTh with manas¢ment la5 required by atsditiThg standards) and disojssed with management the polltles and procedures re8ardin8 compliance with laws and regulatlons. We comrwnicated identifled law5 and regdations throughwl our team and remained tilert to any SndKaknons of non-compllance thrwghout the audit. The kY)tentlal effert of these laws antd re8￿atIOnS on the finarKial 5taternents varfe5 conslderably. Firstly, the Charity is subject to laws and regulaiion5 that direcLly affect the financial statements Incluthng fIna￿l&L reportlng legislatlon, taxation legislation and the Charllles Act legislation and we assessed the extent of compliance with these law5 and regulations as part of wr procedure5 on the related flnancial statement iterns. Secondly, the Charlty f5 Subject to rnany other laws and regulation5 where the conseq￿nceS of nOnC￿P{lance could have a material effect on amounts or disclosures in the finarKial statements, for Instance thrLwh the irnposition of rines or lit?gation or the loss of ihe Charity5 license to operate. We Bjentrfied the followlng areas as tho* most Ilkely to have such an effect: healih and safety. anti-brhbery, employrnent law, data proteciion. anti-rnow iaundedng and specifk area5 of other Legislation recognising the nalure of the Charitys actiwties. Page 13 rt of the Inde ndent Auditor5 to the Trustees of Brit15h Hed eho Pre*rvallon Soclet A￿JIting standards limll the required autht procedures to identify non.compliance with these law5 and rewlations to enquiry of Managen￿t, inspectlofi of rrfulatory and legal eorreswndeKe, if any. Therefore, If a breach of operational regulations is not d15closed to U5 or evident frorn relevanl rorre5porHlence, an a￿lIt VAIL not detect that breach. Context of the ability of thè audlt to dèt•¢t fraud or br•a¢h•s of law +X r•gulatlon Owring to thè Inherent Ilmltatlons of an audlt, there Is an unavoldable rlsk that we may not have detected some matwial misstatements in the financial ststerrent5, even though we have properly planned and perfOr￿d our audlt In a¢¢ordante wlth audfjtlng standards. For example, the further removed non-compllance With laws and regulallons IS from the eYent5 and transactlons reflected in the financial statemen15, the less likely the inherently limited 0￿ureS req￿red by auditing standard5 would Identlfy It. In addltlon, as ￿th any audit, there remained a higher risk of non-detectlon of fraud, a5 these may involve collusion, forgery, intentfonal omissi(￿$, mlsrepresentations, or the oYeTtide of internal controls. 13ur audit procethre5 are igned to detect material rn1SState￿Ent. We are not respon51ble for preventlng nen-compllance or fraud and canTh)t be exFected to detert non-compliarKe with all laws and regulatlons. A further deKriplion of our re5pwJnsibilities for the audit of the finarKial statements Is located on the Flnancial Rewrting Council'5 web51te at www.frc.org.uklaudltorsreswJnsibllitles. This description forn￿ part of our Report of the Independent Audltors. Use of our reF￿rt This re￿rt 15 rnade 501ely to the charitable companys trnstees, as a l)oty, in accordance with Part 4 of the Charities (Accounts and ftewisl Regulatlon$ 21XJ8. audit wot* has been UDdertakeTr so that we rnight stste to the hartiable ccffipany's trustees those matters we are required to state to them in an auditors. re￿rt aThd for other purpose. To the fuliesl extent permitted by law, we do not aC￿pt or assurre responsibility to anyone other thaTh the chatitable company and the charital￿e cornpanls trustee5 as a Erf)¢fy, for audit work, for this repK>rt, or for the oplnl¢Jns we have fornied. Thorne Widgery A£countarKy Ltd Chartered Accountants Statutory Audltors Ellglble lo act as an audltor In terr￿ of Section 1212 of the Companies Act 2C 2 Wyevale Business Park Kings Acre Hereford Hereford5hire HR4 78S Date: 2.41.7.11.8............................ Page 14 Britlsh Hed eh) Preservation Societ Statement of Financial ￿tI￿lIeS rch 202 31.3.25 Total funds 31.3.24 Total funds Unrestrirted fvnd Restiicted fund Notes INCOME ENDOWhlEi¥fs FROM Donations and Legacies 1,520,839 1,520,839 517.010 Investment iKome 116,689 116,689 94,102 Total 1.637.528 1,637,528 611,112 EXPENDITURE ON Raising funds 29.(Q2 29,￿2 26.554 Charltable actlvltles Hedgehog Conseryatlon Work 514,686 514,686 484,039 Total 543,688 543,688 510,593 INC(VAE 1,C83,840 1,093,840 100,519 RECONCILLITION OF FUNDS Total funds brought fclward 2,914,834 54,964 2,969,798 2,869,279 TiyfAL FUNDS CARRJED FORWARD 4,C08,674 54,964 4,063,638 2,%9,798 The notes forffl part of these fi'nancial staterr￿ts Page 15 Brftlsh Hed eho Preservation So BalaKe Sheel 31 hlarch 202 31.3.25 Total funds 31.3.24 Total funds Unre5trlcted fund Restricted fund Notes FIXED ASSErs Tangible assets Investments 14 15 190,144 15,1 190,144 15,C(4J 189,648 15,C#JO 205,144 205,144 204,648 CURRENT ASSETS Swcks Debtors Cash at bank 16 17 13,691 15.554 3,792,686 13,691 15,554 3,847,650 14,680 19,940 2,752,261 54.964 3,821,931 54.964 3,876,895 2,786.881 CRED￿OR5 DN)unts fallin8 due ￿th7Th one year 18 118,4011 118,4011 121,7311 NET CURRENT AS5Ers 3,803,530 54,964 3,858,494 2,765.150 TOTAL ASSETS LESS CURRE1￿ UABILMES 4.IM)8,674 54,964 4,￿3,038 2,969,798 NEf ASSErs 4,(KJ8,674 54,964 4,063,638 2,969.798 FUNDS Unrestrfcted fund5 Re5trlcted fund5 19 4.008,674 54,964 2,914,834 54,964 TOTAL FUNDS 4,063,638 2,969,798 The charitable company Is entltle whkh Is a public benefit entity under FRS 102, have been wepared In accordance wlth the Charfiies SOftP IFRS 1021'Accounting and RerK)rtln8 by Charities: Statement of Recomnpnded Practice applicable lo charftles preparing thelr act¢xmts In accordance with the Flnancial Reportins Standard applicable in the UK and Republic of Ireland IFRS 1021 leffettive 1 January 20191., Flnanclal RepK>rttng Standard 102 The Financial Reporting Standard applicable in the UK and Republk of Ireland. and the Companles Act 2006. The li￿ar￿la1 Statements have been prepared under the hlstorlcal ¢ost convention, wrlh the exception of investments which are included at market value. The Brltlsh Hedge￿ Preseryation Society meets the deflnltfjon of a publlt tsenefit entity under FRS 102. Assets and Ilabllltles are Inltially recoEn15ed at hlstorical cost ￿ transactlon Val￿ unless othemse stated In the relevant accountlng policy. Pr•paratlon of Consolidated financlal statements The Charity has not prepared Consolldaied Financial Statements as the results of bolh Group entitie5 are bel¢)w the consolidation thresholds. Golng Concern The tntstees assess ¥thether the use of going concern is apProP￿￿te l.e. whether there are any material uncertaintles related to events or coThJitions that may tast 51gThrficant doubt on the abillty of the charity to contlnue as a going con￿m. The trustees make thls a55e55rnent tn respect of a period of at least one year from the date of authori5ation for issue of the financlal statements and have concluded that the charfty ha5 ade¢wate resources to tontlnue in operational existence for the foreseeable fulure and there are tKS materfjai uncertaiThlies aboui the charlty5 abillty to continue as a going c(thcem, thu5 tly continue to a(k*pl the goln8 oncern basis of accountfjng In preparing the flnandal statements. The board WIU ¢onlinue to ￿nitOr and revlew the a￿l￿tIeS and provide strong and Clear govemance. Preparatlon of conso15dated financial statements The Charity has not prepared Consclidated Financial Statery*nls as the results of both Group enlllles axe below the consolidatlon ihre5hold5. Income All income Is recogni5ed once the Charity has entitlen*nt tts the Income, it 15 probaNe thal the Income will be recelved and ihe amount of IwKorne r￿1Vable can be measured rellably. The recognition of income from legacies is dependent on establlshing entitlement, the probability of recelpt and the ability to estimate with suffldent accvracy the amount receivable. Evkjence of entitlerr￿t to a legacy exists when the Chartty ha5 sufficient thridente that a gift has been left to them Ithrough knowledge of the ex15terKe of a valid will and the death of the benefattorl and the executor is satisfi.ed that the property in (B￿stIOn YAII rK>I be required to 5at15fy claims in the estate. Receipt of a legacy must be recognlsed when It is probable thaL il will be re￿1Ved and the fair value of the a￿￿UnI receivable, whlch VAIL generally be the expected cash arnovnl to be ¢thstrrtrAJted to the Charlty, can be relTably rneasured. Grants are included In the Staternent of financial aCtI￿tIeS on a recefvabie bas15. The balance of income received for specific purposes IYJL expended durlng the perlod Is slh)wn In ihe relevant funds on the Balance sheet. whe￿ income Is received in a(fvance of entitiemenl of receTPt, its recognilion is deferred and induded in crethtors as deferred Ineome. Where entitlement occurs before Income Is received, the incorre is crued. Where the donated good is a fixed asset, it is measured at fair value, unless 11 Is Impractlcal to measure thls rellably, In whlch case the cost of the item to the should be used. The gain is recognlsed a5 frnco￿￿ from donations and a correstN)ndin8 anN)unt Is IrKluded In the approprtate fixed as*t dass and ijepreelated over the Useful econornic Ilfe In accordance wlth the Chaws accwntlng rA)Ilcies. On recelpt. donated professional semces and facilllies are recognised on Ihe basts of the value of the glft to the Charity whlch Is the amount It would have been wlling to pay to Ob￿1N 5ervice5 or facilities of equlvalent economic benefit on the open rnarket. a correspcffidlng amount 15 then retognlsed In expenth'ture in the period of receipt. Page 20 contlnued... Brlt15h Hed preservat1￿ %Kfe Not￿ to the Financial Statements. continued for the Year Ended 31 March 2025 ACCOUNTING P(XICIES- continued Incomè Income tax re£overable in relation to donatlons received under Glfi or deeds of covenant Is recognised at the Llme of the thsnation. Incorne tax recoverable in relati￿ to Investment Incorne Is reco8nised at the time the inve5trnent incorrE Is receivable. Interest recelvable Interest on funds held on dep)51t is included when receivable and Èmount can be measured reliably by the Charity. thi5 15 nl￿llY upon notlflcatlon of the interest paid or payable by the institulion with wh¢xn funds are dewslted. Expondlture Expenth"thre is recognised orKe there 15 a legal or constructive obilgation to transfer economlc benefit to thlrd party, it is wobable that a transfer of eCOr￿m1£ benefits WILI be reqwred in settlement and the amount of the obll8atK>n can be measured reliably. Expenditure Is tlassified by activity. The costs of each activity are made up of the total of dlrect costs and shared costs, including sUPPOrt costs involved in undertaking each aCti￿ty- Direci costs attrI￿table to a Single aciiwty are allocated directly to that activity. Shared costs which contribute lo more than one activity and support costs which are not attributable to a single acLivity are apportloned between those activities on a basis consistent with the use of resources. Central Staff costs are al￿￿ated on the basis of time SFent, and dekyedation charges alloKated on the FM)rtlon of the a55et'S Use. Fundralslng costs a￿ those incurred In seeking voluntary Contr1t￿lOn5 and Mt Include the costs of di5seminaiing infom)ation in support of the charitable aCtI￿tIeS. Support costs are those c05ls incurred th"rectly in support of expendlture on the objects of the charity and include project management carried out at Headquarters. Governance costs are Ih05e iKurred in connection with administration of the charfty and compliance wilh constltutional and statutory requirements. Costs of generatlng funds are costs incurred In atiracting voluntary Income, and those irKurred ITh tra(ling xtivitles that ralse funds. Charltable acti￿[[¢5 and Governance costs are costs irKurred on the charity's educatlonal operatlons, Including support costs and costs relating to the governance of the charity apportioned to charitable activltles. Grants ￿Yable are charged In the year the offer Is made except in tFKJse cases where the offer is condltional, such #rants bein8 recognised as expenth'ture when the conditl0Th5 attaching are fulfllled. Grants offered subject tts condition5 which have not been met ai the year end are noted as a commitment. but not ae¢Ned as expendlture. Grants offered subject ¢0 condltl¢)ns which have not been met at the year end date are noted as a commitrnent LNJt not accrued as expenditwe. T4n8iblè Ilx•d assets Tangible fixed assets costing £5W or more are capitalised and recosnised when future eC￿orniC benefits are probable and the cost or value of the asset can be N*asured reliably. Tangible fixed assets are initially reco8nlsed at cost. After reco4nltion, under the cost model, tangible flxed assets are rrtasured at cost less accumulated depreciation and any accumutsted irnpaimient Losse5. All costs IKurred to thng a tanglbLe fixed asset Into Its Intended Working £onditiiin ShO￿d be included In the measuremeni of cost. Depreefatfon is charged 50 a5 to allocate the c05t of tanglble flxed a55ets less their residual value over their estlmated useful lives, uslng the straight-IlrE method. Depreelatlon is provided on the following base5: Page 21 tontinued... Brit15h Hed Preseryation Socie Pk>tes to the Flnandal Staterrenis - cont1Th￿￿ for the Year Ended 31 March 2025 ACCOUNTING POLICIES- continued Tanglbie fixed assets Freehold property- NIA Fixtures and fittln85 . 15% Computer equlpment. 20% Stocks Stocks are Yalued at the lower of cost and net realisable value, after maklng due allowance for ob501ete and slow Mo￿ng items. Fund accountlng General fund5 are unTestricteiJ f￿￿$ whkh are available for use at the thscretlon of the Trustees in furtheran￿ of the general objectives of the Charity and whlch have N)t been designated for other purposes. Restrirted funds are funds whith are to be used in accordance ￿th specifi.c re5trictior15 imposed by (kIr￿rS or vthTch have been raised by the Chanty for partlcular wrp05es. The costs of raising and adrninistering such funds are charged against the specific fund. The alm and use of each restricted fund Is set out in the notes to the financial statements. Investments Fixed asset Investments are a form of financial instrument and are Initially ￿OgnIsed at thelr transartion cost and subsequently measured at fair value at the Balance Sheet date. unless the value cannoi bp measured reliably in which case It is measured at cost less impalrment. Investment gaiThs and losses, whether reali5ed OT ynreallsed, are comblned and presented as GaiThsllLossesl on Investments. in the Statemeni of finarKial artiwitie5. InVest￿nts in subsidiaries are valued at cost less yovlsion for fjmpalrrr￿t. Trade and other debtors are recognlsed at the settlement amount after any trade disco￿¢ offered. PrePaY￿ts are valued al the aft￿unt prepald net of aDy trade dISco￿lS due. Cash at bank and In hand Cash ai bank and in hand IrKlutss cash and short-term highly liquid investments ￿th a Short maturity of three Ir￿thS ￿ lets from the date of acquisltion or owing of the de￿$1t or slmflar account. Llabllltl•s and Provisions Liabilities ￿ recogni5ed when there is an obligatlth at the Balante sheet date as a result of a past event, It Is Probable that a transfer ol economlc benefit will be required In settlement, and the amount of the settlement an be e5tirnated reliably. Liabilities are recognlsed tt the amount that the Charfty anticipate5 it will pay to settle the debt or the amwnt It has recelved as advanced payments for the goods or servkes it must wovide. Provision5 are measured at the best e5limate of the anw)unts requlred tg settle the obllgation. Where the effect of the time value of money Is material, the provision 1$ based on the present value of arFK)unts, disCOUTrted at the pre-tax dlscount rate that reflects the iisks srecific to the ITabiliiy. The Un￿ndir@ of the th5count is recognised In ihe Sialerrent of flnarKial actlvltle5 as a flnance cost. Financlal In$trum•nts The Charity only has financlal assets and fIna￿TaL Ilablllifes of a knnd that quallfy as basK fTfbancial Instrwnents. Basic financlal instruments are initially recognised at transaction value and subsequently rneawred at their settlement value the exception of bank loans whfch are sub5equenlly measured at am￿lIsed c05t Using the effective interest method. Penslons The Charity (perates a defined conlribution pension scheme and the Fenslon charge Tepre5ents the amounts payable by the Charity to the fund in re5Fect of the year. Page 22 continued... British Hed eho Pre*rvaik)n Socie Ikjtes to the Flnancial Statements - contin f rthey rEn 1 March 2025 CRITICAL ACCOUNTING JUDGEhlENTS AND KEY SOURCES OF E$ll￿TION UNCERTAlPtrY Estimates and judgements are ¢ontlnually evaluated and are based or¢ historical experien￿ and other fartor5, induding ex￿ctatIOnS of future events that are believed to be reasonable under the cirojrnstances. Critical accounting estimates and assumptlons.. The Charity makes e5tlmate5 and assurnptions concerning the future. resulti￿ accountlng e5tlmates and a55UMpliL￿S ￿11, by definition, seldom equal the related aciual results. DONATIONS AND LEGACIES 31.3.25 31.3.24 Member5hlp income Donations Legacies Sun&y income 74,350 276,296 1.157,282 12,911 62,667 235,047 206,957 12,339 1,520,839 517,010 INv￿ME1￿ INCOME 31.3.25 31.3.24 Deposit account lThtere$t 116,689 94.102 SING FUNDS Raising donations and legacles 31.3.25 31.3.24 Staff costs Advert15ing Newsletter Plor￿tIOnS Press Cuttings Webslte cos 9,045 2.524 5,610 3.023 4.895 2,916 8,211 5,284 9.243 5,301 28,013 33,599 Other trad1￿ a¢tfvitlès 31.3.25 31.3.24 Opening stock Closlng stctk 14,680 {13.6911 7,635 114,6801 989 17,Ck151 Aggregate amounts 29,Crf)2 26,554 Page 23 ccffitinued... Brilish Hed h Pre5ervaticffi kniet Notes to the Financial Statements- continued for the Year Ended 31 March 2025 CHAR￿A￿LE AcrivtriES cO￿s Grant fun(lin8 of activities Isee [￿le Dlreci Costs Isee note 71 Support ts (see ¥te9 81 Totals gehog ConseThatlon Work 212,697 209,464 92,525 514,686 DIRECT cosrs OF CHARITABLE ACTIVITIES 31.3.25 31.3.24 Staff cost5 Teiephor Postage and statlonery Jndrfes Prfntlng Donation5 and grant5 trj carers Other support C05t5 Travel costs Conference5 Vale Course Other Proiect Costs 129,527 1,897 25,823 2,405 13,764 3,471 3,075 115,641 1,761 19,106 1,252 12,328 2.191 2.447 547 824 13,160 39,216 1,559 14,455 14,821 212,697 208,473 GRANfs PAYABLE 31.3.25 31.3.24 Hedgehog Conservatlon Work 209,464 191.679 The total grants paid to institutions durfng the year was as follows.. 31.3.25 31.3.24 Hedgehog Friendly Campus ZSL - London Hog Watrh Hedgehog Street Project Mltroplastics Study Br￿kne1{ F￿est Councll 43,685 69,678 70,566 77,342 86,288 26,644 5,250 2.5CI) Hartwry Unlverslty Dylan Yaffy project Cares databse projett RFID chip project 5,484 10,71 209,464 191,679 Page 24 contlr¥Jed... British Hed ho Preservation k(iet Notes to the Financial Statements - contiwed for the Year Ended 31 March 2025 SUPPORT COSTS Governance costs Ma￿geTT￿nI Finance Tota15 Hedgehog ConseThatiw Work n,088 1,561 18,876 92,525 Suppxyt costs, included In the ab)ve, are as follows". 31.3.25 HedgelK>g Con5eThatlorb Work 31.3.24 Total acti￿tte5 Wages Social security Pension5 Insurance Light and heat Repair5 Depreciation of tangible and heritsge assets 45,534 2,826 5,529 2,185 8,455 6,456 1.103 41,428 2.433 5.056 1,967 8,001 8,162 783 72,088 67,830 Flnance 31.3.25 Hedgehog Conseryation Work 31.3.24 Total activities Bank charges 1,561 1,465 Govemance costs 31.3.25 Hedgeho8 Conswvatlon Work 31.3.24 Total activities Audltors. rernuneratlon Audltors. remuneratlon for non audit work Legal and Professional fees Tru5tee5 expenses 13,537 674 12,217 60 4,581 2.315 18,876 14,592 Page 25 contlnued... British Hed Preservation SLKiet Note5 to the Financial Staternents- cOntin￿d for the Year Ended 31 March 2025 10. Nrf INCOAIEIIEXPENDrruREI Net Incomellexpenditurel 15 Stated after charging/lcreditingl'. 31.3.25 31.3.24 Auijlt Costs oiher Mn.audit seNkes Depreclaiion . owned assets 13,537 674 1,103 12.217 783 TRUSTEES. REIAUNERATION AWO BENEFITS Th¢re were Th) try5tee5' rerwneration or other beneflts the year ended 31 March 2025 nor for the year ended 31 March 2024. Trustee5' expenses During the year ended 31 K4rch 2025, expenses totalling £2,486 were reimbursed io 7 Tru$tees12024 . £2,315 to 4 Trustees). The expenses related to meeting costs. 12. srAFF COSTS 31.3.25 31.3.24 Wa8e5 and ylarie5 Social security costs Other Fension costs 162,620 10,093 19,748 146,024 8,688 18,057 192,461 1r2,769 In the year the key management of the charity received benefits lirKludlng employer contrltyJtlon5 and ernployer natlonal inSUra￿e £ontrlbutionsl of £65,12812024." £66,1511. The a￿r￿Se rTh)nthly number of enwLoyees during the year wa5 a5 follows: 31.3.25 31.3.24 Full time stsff Part time staff No employees recefved emoluments in excess of E60.OC#J. 13. COAIPAPATIVES FOR THE sfATEMENT OF FINANaAL AcnvmES Unrestricted fund Restricted Totsl fund5 INCOME AND ENDOWMEfrrrs FROM thJnatlon5 and le8acies 517,010 517.010 Investment iKcthe 94,102 94,102 Tot•1 611.112 EXPENDITURE ON Raisins funds 26,554 26,554 Page 26 continued... 8ri115h Hed ho Preservation Societ Notes to the Flnantlal Statements . Contlnued for the Year Ended 31 Mar¢h 2025 13. COMPARATIVES FOR THE FfATEMENf OF FINANCIAL AcrivrriES- ¢ontlnuÈd Unrestricted fund RestrKted fund Total funds Charltabl• a¢tlvltles Hed8ehog Conservation Work 484,039 484,039 Total 510,593 510,593 INCOME 1(1),519 1CI),519 RECONCILIATION OF FUNDS Total funds brought forward 2.814.315 54,%4 2,869,279 TOTAL FUNDS CARPJED FORWARD 2,914.834 54,964 2,969,798 14. TANGIBLE FIXED ASSEfs Fixtures and flttings Freehold property Computer equip￿￿n¢ Tota15 COST At 1 A￿12024 Addition5 188,LX)O 475 8,163 1,599 196,638 1,599 At 31 March 2025 188.1100 475 9,762 198,237 DEPRECIATI(*4 At 1 Aprfl 2024 Charge for year 475 6,515 1,103 6,9 1,103 At 31 March 2025 475 7,618 8.093 BOOK VhLUE At 31 March 2025 188.Cts] 2,144 190.144 At 31 March 2ff24 188,C 1,648 189,648 15. FIXED ASSEf INVESTMEKrs Share$ in group undertaklngs IAARKET VALUE At 14)ri12024 and 31 h*rch 21R5 15,C BOOK VALUE At 31 March 2025 15.000 At 31 March 2024 15,OC There were no Investn*nt assets outside the UK. Page 27 contlwed... British Hed eh Preseryatlon Notes to the Flnandal Statèments - continued for the Year Enthl 31 March 2025 15. FIXED As￿ IIWESTMEiifs- tontlnued The charlty has a ￿ollY owned tradlng sub51dlary, Brlt?5h Hedgehogs Preservation Society Tradlng Ltd 1034078461. which 7s incorporated In the Unlied Kingdom. The company gifLs its proflts to the charfty- A summary of trathng results is shown below. 2025 2024 Turnover C05t of sales 78,656 147,7031 75,487 141,8041 Gross Proflt 30,953 33,683 Adm1# exFenses 136,1671 136,2ni Other c¥>eratlng Income Opwatlng profit 15,2141 12,5891 Interest retelvable and similar IncoTh 14 Profit before tax (5.2001 {2.5761 8.898 14,098 16. STOCKS 31.3.25 3f.3.24 Stocks 13,691 14,680 17. DEBTI)RS: Amouiifs FALUNG DUE wrrHIN ONE YEAR 31.3.25 31.3.24 Trade debtors Arnounts owed to group undertakfrnqs Prepayrrents aThJ accrued Income 3.308 8.178 4,068 4,575 11,546 3,819 15.554 19.940 Page 28 British Hed ek* Preservation Societ Notes to the Financial Statements- continwl for the Year Ended 31 March 2025 18. CREDITORS: AMOUNTS FALLING DUE WTHIN OK YEAR 31.3.25 31.3.24 Trade creditors Accrued expenses 3,331 15,070 5,174 16,557 18.401 21,731 19. MOVEMENT IN FUNDS Net movement Tn funds At 31.3.25 At 1.4.24 Unre5tri¢ted fund5 General fund 2,914,834 1,093,840 4.Q)3,674 Rèstricted fund5 Restricted Funds TOTAL FVWDS 2,969,798 1.093,840 4,1)63,638 Net mvement in funds, Included In the atrA)ve are as foll¢)ws.' Incoming re3c￿T(e5 Resources expended Movement In f￿d$ Unrestrlcted funds General fund 1,637,528 1543,6881 1.093,840 TOTAL FUNDS 1,637.528 {543.6881 1,iN3,840 Comparativ•s for moY•m•nt In funds Net movement in f￿d$ At 31.3.24 At 1.4.23 Unr•5trlct•d fund5 General fund 2,814,315 1CIJ,519 2,914,834 Restrfeted funds Restricted Funds 54,964 TOTAL FUNDS 2,869,279 11x1,519 2,969.798 Page 29 contlnued... British Hed eho Pre5ervatlon Soclet Notes to the Financial state￿￿nts - contifK for the Year Ended 31 March 2025 19. AI0VEME1￿ IN FUNDS- contlnu Comparative net movement in funds, included in the atrA)ve are as follows: Incoming resources Res(￿r(e$ expended Movement In fund5 Unrestricted funds General (￿)d 1510.593 1c#),519 TOTAL FUNDS 611,112 1510,5931 1(KJ,519 Unrgstrktgd Fund5 . ¢he5e funds are held for the day to day Tunning and OFeration5 of the Charity. Rèstrlct•d Funds - the* are heid In respect of the Ulst Hedgehog Resoje, In q)erat6on to rel(xtte hedgel Safely frorn the i51and of Ui5t to the Scott15h rnalnland. Thls 15 a Special project to stop the culllng of Hedg¢hog5, the rrK)ney wa5 raisd spedfically for that purw5e,'however, hedgehog culllng 15 Ilot currently an issue in the area. This fund is held in.case the culling starts again- hence, no movement on the fund for the Current period. 20. EAIPLOYEE BENEFrr OBLIGAnONS charity operate5 a d2fined contribJiions pension 5cherne. The a55ets of the scheme are held Separately from those of the charity In an independently administered fund. The pension cost charye represents contritwtions payable by the charity to the fund aryl amounted to £19,748 12024: C18,0561. Contributions totalllTr8 £nil12024.' £nlll We￿ payable to the fund at the baiarKe sheet date. 21. RELATED PARTY DISCLOSURES British Hedgehog Preservation Society Trading Limited is a wholly owned subsidiary of the charity. During the year the charity has operated an intercompaThy a￿Ount with it5 subsidiary, at the end of the year Britlsh He￿ge￿g Preservation Society Trading Llmlted owed the charity £8,178 12024: owed the charlty £11,546). During the year the subsidiary received incorr* of £92.066 12024: £69,417) on behalf of the charity which was recharged through the Intercompany a¢¢ount. The tharity Incurred exrththture of E1,565 12024: E1,5391 on behalf of its sub51dlary whkh was a150 rKharged through the Intercornpary account. In addition the charity recharged E21,740 12024.. £23,081) of wage5 incurred to the yJb5idiary to refleci the elemerbt of the employees wor* relatlng to that company. Dwng the year the charity r￿7Ved a donatTon from it5 trading ccqnpany of £nil12024: Enill. Page 30