**Charity no. 1165769** ## **Panama Wildlife Conservation Accounts for the year ended 31 March 2024** **Panama Wildlife Conservation** ## **Reference and administrative details** ## **For the year ended 31 March 2024** |Charity number|1165769| |---|---| |Registered office and operational|162 Westbourne Grove| |address|London| ||W11 2RW| |Trustees|The trustees who served during the year and up to the date of| ||this report were as follows:| ||Dr L Ureña| ||Mr B Rogers| ||Ms K Dick| ||Dr B Garner| |Bankers|Barclays Bank Plc| ||35 Notting Hill Gate| ||London| ||W11 3QJ| |Accountants|Aaron Partners| ||Chartered Management Accountants| ||9 Marlands Road| ||Clayhall| ||IG5 OJL| ||England| Page 1 **Panama Wildlife Conservation** **Report of the trustees** **For the year ended 31 March 2024** Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements and constitution. ## **Objectives and activities** PWCC is dedicated to the conservation of biodiversity, animal species and their habitats, through collaboration with local residents and organisations in Panama. Our mission is to promote the conservation of wildlife, its natural habitat throughout the geographical range of each species, as well as its peaceful coexistence with man, through research and conservation strategies. To promote, for the benefit of the public, conservation protection and improvement of the physical and natural environment by promoting the biodiversity of Panama. Also to advance the education of the public on the subject of conservation, protection and improvement of the physical and natural environment in Panama with prudent use of natural resources and the intrinsic ecosystem services provided by a natural environment. ## **Achievements and performance** PWCC was founded on 25 February 2016 and has been successful in developing several wildlife conservation projects in Panama including: |**Project title**
|**Funding agency**|**Location**| |---|---|---| |~~**Ara Panama - Community**~~
**Science and**
**Reforestation with Native**
**Species for the**
**Conservation of the Great**
**Green Macaw in the**|Small Grants Program GEF –
United Nations Development
Programme (UNDP)|Azuero Peninsula,
Panama| |**Ara Panama Green for**
**Greens - Monitoring of**
**the Great Green Macaw of**
**Azuero**|
World Parrot Trust (UK)|Cerro Hoya National
park| |**Leaf Wildliife -**
**Reforestation with Native**
**Species for the**
|Caja de Ahorros Bank (Panama)|Azuero Peninsula,
Panama| |**Climate Change**
**Mitigation through**
**Training and**

~~**Conservation of the Great**~~|Fundacion Natura - Capacity
Building Program (PFC) for NGOs,
CBOs and Related Organisations|Azuero Peninsula,
Panama| |~~**Reforestation by Youth in**~~
**Beyond a KBA -**
**Monitoring Jaguars and**
**other terrestrial mammals**
**to guide decisions on**
**conservation around**
**Cerro National Park**
**(CHNP)**
|The Islas Secas Foundation|Azuero Peninsula,
Panama| |~~**Harlequin Toad**~~
**Conservation -**
**Conserbation of the**
~~**population of harlequin**~~|University of Manchester, Museum o|fSanta Fe National Park| Page 2 ## **Panama Wildlife Conservation** ## **Report of the trustees** ## **For the year ended 31 March 2024** |~~**Building resilient**~~
**communities to protect**
**the biodiversity ofCerro**
~~**Hoya national park**~~|Natura Foundation - Capacity
Building Program (PFC) (Panama)|Cerro Hoya National
park| |---|---|---| We have partnered up with iProbono and the law firm Field Fisher UK to complete internal - Equality and diversity at work policy; - Anti-bribery policy; - Website privacy notice (data protection policy); and - Website cookie notice. ## **Financial review** The steps taken to be financially accountable include several trustee meetings over the year where we agreed on how many donations will be distributed in the different conservation projects developed in Panama. Any transaction above £50 has to be approved by at least two trustees. The money held in our charity comes from private donations and International Grant agencies. We have invested £80,000 of our income in stocks and shares, managed by Saxo Bank. These do not appear on the Statement of Assets and Liabilities as the accounts are prepared on a receipts and payments basis. ## **Plans for future periods** Our plans for the future are achievable by the continued governance of the trustees and the dedicated scientific team / project officers in Panama. Our plans for the future are to launch the first e-commerce platform in the UK to plant native trees in Panama. This new venture will be called LEAF – Trees for Wildlife and is set to become the first online platform in the world that allows learning about rainforest animals and their connection with some of the most ecologically important native trees in the rainforests. For this project, we have chosen 26 rainforest animals (some of them critically endangered) and 30 beautiful native trees which can be selected by public individuals for sponsorship. We are planting native trees on behalf of our individual sponsors within the national parks in Panama. Participants will be able to view their location and follow their progress online. All trees are planted and cared for directly by local communities bringing environmental, social and financial benefits to their families. We are also in talks with the Panama Government and the Panama Embassy in the UK to develop another photographic exhibition with the Help of Royal Photographer Hugo Burnand. This will be a fundraising follow up activity, similar to our first major fundraising event at the Victoria and Albert Museum, London in 2017. ## Page 3 ## **Panama Wildlife Conservation** ## **Report of the trustees** ## **For the year ended 31 March 2024** We are also planning to develop with the help of the Panama Embassy in the UK a 1 - 4 week scientific expedition for UK travellers and students to learn about Panama’s rich biodiversity inside Santa Fe and Cerro Hoya National Parks. All projects success and implementation are subject to available funding and PWCC will continue to apply for relevant grant funding to support in-country conservation projects. ## **Structure, governance and management** PWCC is governed by constitution and has appointed trustees as follows: ■ Every trustee must be appointed for a term of 3 years by a resolution passed at a properly convened meeting of the acting (or currently appointed) charity trustees; and ■ In selecting individuals for appointment as charity trustees, the current charity trustees must give consideration to the skills, knowledge and experience needed for the effective administration of the CIO. All four (4) Trustees have been reappointed for a term of three years beginning (the financial or reporting year) 2024. Approved by the trustees on 5 February 2025 and signed on their behalf by Luis Urena Dr Luis Ureña - Trustee 07 Feb 2025 Page 4 ## **Panama Wildlife Conservation** **Chartered management accountant's report to the board of trustees on the preparation of the unaudited receipts and payments accounts** ## **For the year ended 31 March 2024.** In order to assist you to fulfil your duties under the Charities Act 2011, we have prepared for your approval the accounts of Panama Wildlife Conservation for the year ended 31 March 2024 as set out on pages 6 - 7 from the charity's accounting records and from information and explanations you have given us. This report is made solely to the board of trustees of Panama Wildlife Conservation, as a body, in accordance with the terms of our engagement . Our work has been undertaken solely to prepare for approval the accounts of Panama Wildlife Conservation and state those matters that we have agreed to state to them in this report in accordance with CIMA Technical guidances. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Panama Wildlife Conservation and its board of trustees, as a body, for our work or for this report. You have approved the financial information for the year and have acknowledged your responsibility for it, for the appropriateness of the financial reporting framework adopted and for providing all information and explanations necessary for its compilation. We have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial information. Date: 7th February 2025 Aaron Partners Chartered Management Accountants 9 Marlands Road Clayhall IG5 OJL 07 Feb 2025 England ## Page 5 ## **Panama Wildlife Conservation** ## **Financial Activities** ## **For the year ended 31 March 2024** |**Income**
Donations received
Total Income
Cost of Sales
Projects -Frog
Total Cost of Sales
Total
Expenditures
Total Expenditures
Net Operating Income
Other Expenditures
Sundry expenses
Total Other Expenditures
Net Other Income
Net Income/(Expenditure)|**2024**
**2023 (PY)**
**Total**
**Total**
**£**
**£**
582.43
2,180.00| |---|---| ||582.43
2,180.00| ||430.00
-
-| ||430.00
-| ||152.43
2,180.00
458.91| ||306.48
-
2,180.00| ||-
1,775.45| ||-
1,775.45| ||-
1,775.45| ||306.48
-
404.55| Page 6 ## **Panama Wildlife Conservation** ## **Balance Sheet Comparison** ## **As of March 31, 2024** **Total As of Mar 31, 2024 As of Mar 31, 2023 (PY)** |Fixed Asset
Total Fixed Asset
Cash at bank and in hand
Bank Barclays
Bank Paypal GBP
Bank Paypal USD
Total Cash at bank and in hand
Net current assets
Net current assets (liabilities)
Total assets less current liabilities
Total net assets (liabilities)
Charity funds
Unrestricted funds available
Surplus/(Deficit)
Total Charity funds|198.31
32.97
128.72
286.00
-
399.83| |---|---| ||**814.55**
**231.28**| ||**231.28**
**814.55**| ||**231.28**
**814.55**| ||**231.28**
**814.55**| ||**231.28**
**814.55**| ||537.76
410.00
404.55
306.48
-| ||**814.55**
**231.28**| Cash Basis In addition to cash funds, the charity also has £80,000 of investment assets. The current value of this investment is £50,350.00. Approved by the trustees on 7 February 2025 and signed on their behalf by Dr Luis Ureña - Trustee ## **Issuer** **Issuer** Aaron Partners **Document generated** Fri, 7th Feb 2025 11:57:49 GMT **Document fingerprint** 162cc4c65ac7fbbb20438f2f8055826c ## **Parties involved with this document** **Document processed Party + Fingerprint** Fri, 7th Feb 2025 12:00:04 GMT Dr Luis Urena - Signer (33a02098e3245485a2b122cb0e000d35) Fri, 7th Feb 2025 13:21:18 GMT Hub Administrator - Signer (ed7e4a1defaa83f6c561c64acfa1981d) Fri, 7th Feb 2025 13:21:19 GMT Mr Barry Stuart Rogers - Copied In (40d7dea5fe103644b6994e1be85558e2) **Audit history log Date Action** Fri, 7th Feb 2025 11:57:49 GMT Envelope generated with fingerprint 5ec57d5d02d9b1d47910c53a3be1773f35.176.231.177 Fri, 7th Feb 2025 11:57:49 GMT Document generated with fingerprint 162cc4c65ac7fbbb20438f2f8055826c.35.176.231.177 Fri, 7th Feb 2025 11:57:49 GMT Dr Luis Urena has been assigned to this envelope.35.176.231.177 Fri, 7th Feb 2025 11:57:49 GMT Hub Administrator has been assigned to this envelope.35.176.231.177 Fri, 7th Feb 2025 11:57:49 GMT Mr Barry Stuart Rogers has been assigned to this envelope.35.176.231.177 Fri, 7th Feb 2025 11:59:01 GMT Envelope generated Fri, 7th Feb 2025 11:59:01 GMT Sent the envelope to Dr Luis Urena for signing Fri, 7th Feb 2025 11:59:01 GMT Document emailed to party email13.42.12.164 Fri, 7th Feb 2025 11:59:42 GMT Dr Luis Urena viewed the envelope86.166.79.41 Fri, 7th Feb 2025 12:00:04 GMT Dr Luis Urena signed the envelope86.166.79.41 Fri, 7th Feb 2025 12:00:05 GMT Sent the envelope to Hub Administrator for signing86.166.79.41 Fri, 7th Feb 2025 12:00:05 GMT Document emailed to party email18.169.133.122 Fri, 7th Feb 2025 12:00:05 GMT Dr Luis Urena viewed the envelope86.166.79.41 Fri, 7th Feb 2025 13:20:40 GMT Hub Administrator viewed the envelope86.132.53.139 Fri, 7th Feb 2025 13:21:19 GMT Hub Administrator signed the envelope86.132.53.139 Fri, 7th Feb 2025 13:21:19 GMT Sent the envelope to Mr Barry Stuart Rogers for signing86.132.53.139 Fri, 7th Feb 2025 13:21:19 GMT This envelope has been signed by all parties86.132.53.139 Fri, 7th Feb 2025 13:21:19 GMT Document emailed to party email18.132.250.43 Fri, 7th Feb 2025 13:21:19 GMT Hub Administrator viewed the envelope86.132.53.139