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2024-12-31-accounts

8

Trustees' Annual Report for the period

Period start date Period end date Day Month Year Da Month Year 01 01 2024 31 12 2024 From To

Section A Reference and administration details

Charity name Victoria Falls Wildlife Trust Other names charity is known by Victoria Falls Wildlife Fund Registered charity number (if any) 1166614 Charity's principal address 9 The Clock Tower Redlers Waterside, Dudbridge Rd. Stroud, Gloucestershire Postcode GL5 3LH

Names of the charity trustees who manage the charity

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Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 Andrew Weir Chairman Full Year
2 Valerie Swanson Secretary Full year
Rodney Graeme Treasurer Full year
3
Dacomb
4 James O Murray Full year
5 Helen Buckworth Full year
6 Barry Hemans Full Year
7
8
9
10
11
12
13
14
15
16
17
Names of the
trustees for the
charity, if any, (for
18
example, any
custodian
trustees)
Dates acted if not for whole year
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Names and addresses of advisers (Optional information)

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Type of adviser Name Address
Veterinary Michael Thorne
Zoology Andrew Loveridge
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Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document

CIO Constitution

Trust

How the charity is constituted (eg. trust, association, company) Elected by a majority of Trustees Trustee selection methods (eg. appointed by, elected by)

Additional governance issues (Optional information)

VFWT held quarterly board meetings and reviewed relevant procedures and policies and networking for Trustees not able to attend meetings in person.

You may choose to include additional information, where relevant, about:

 policies and procedures VFWT maintained the company risk register and reviewed any new risks adopted for the induction and and updated outstanding risks at each board meeting. VFWT also training of trustees; continued to hold virtual meetings with downstream implementing project partners to review their risks and procedures.

Section C Objectives and activities

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Summary of the objects of the charity set out in its governing document

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

To promote, for the benefit of the public, the conservation and protection of the natural environment in Southern Africa by providing grants and undertaking research in connection with animal welfare and the environment. To advance the education of the public in the conservation, protection and improvement of the natural environment of Southern Africa

Working together with TRACE Wildlife Forensics in the UK, VFWT and TRACE jointly initiated a project to genetically map individualization of the black rhino population of Zimbabwe. This is an ongoing project that is in the process of assessing ~80 individuals. The project will be used to make recommendations on translocation to help improve population genetics. It will also be used to maintain a biological database of genetics on relatedness and to be used for individual matching in cases of poaching. Public benefit is derived from the conservation of critically endangered species of black rhino. The steps being taken are not only protecting endangered species but also enhancing populations. VFWT works alongside many rural communities to try and find sustainable solutions for communities to co-exist with wildlife. With partial funding from Rotary Club South Derby, VFWT was able to refurbish a borehole in the rural community. This borehole was crucial to providing water for many households as well as a water trough for local livestock to utilize. 2024 was a terrible drought season and this project provided crucial resources to households that would have been negatively impacted with both the drought and lack of access to water. Public benefit comes from the many households, people, and their animals that are now able to survive with this basic livelihood staple. Continued support from the Oak Foundation is enabling the Victoria Falls Wildlife Trust, Wildlife Disease and Forensics Laboratory to expand its technical and diagnostic capacity. This funding has been used to:  Complete species identification on seized evidence for wildlife crime cases on behalf of the wildlife crime investigators  Enhance diagnostics into bacteriology with the purchase of new equipment  Build capacity of wildlife crime investigators with their counterparts in Zambia through shared knowledge and information on wildlife crime casework, geographic areas of concerns, hot-spots for illegal wildlife crime  Assist forensics laboratory technicians in travelling to Mozambique to process and analyse a large scale ivory seizure using DNA analysis to provide results to the government of Mozambique on the origin of the ivory.  Facilitate travel of the laboratory team to the African Wildlife Forensics Network Meeting in Malawi to share emerging trends in wildlife crime, methods for overcoming challenges in casework, and analysis of different species.

The public benefits from this project in the conservation of a wide range of species and helping to put protective measures in place to prevent the biodiversity loss of these species.

Public Benefit is derived from VFWT being an active member of the

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Kavango Zambezi (KAZA) Animal Health Sub-working Group. This organisation works with the partners in the five member states to improve wildlife and animal health. VFWT is also a member of the KAZA Elephant Conservation Sub Working Group and Carnivore Conservation Sub Working Group. These groups help guide strategy and develop objectives and workplans for partners to achieve larger conservation goals and connectivity of wild areas. A donation that was received in 2023 was also put to use in purchasing two more lion collars for monitoring of the lion population in Zambezi National Park.

Additional details of objectives and activities (Optional information)

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You may choose to include further statements, where relevant, about:

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Summary of the main achievements of the charity during the year

Section E Financial review

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Brief statement of the

The charity policy on reserves at this time is to hold a minimum of £50000 as reserves

charity’s policy on reserves

Details of any funds materially in deficit

None

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

The charity’s principal sources of funds have continued to be mainly grant driven, with the bulk of funding for grants coming from the Oak Foundation.

Funding has gone principally to projects supporting the objectives of the charity. The bulk of the funding has gone to the budget lines allocated in the respective grants for projects in Zimbabwe, and restricted donation requirements for lion collars, for laboratory support and an epidemiologist under the Oak grant.

The charity only has a bank account and makes no investments.

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)

Full name(s) R G Dacomb

Position (eg Secretary, Chair, Treasurer etc)

Date 25 May 2025

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VICTORIA FALLS WILDLIFE TRUST

CHARITY NUMBER: 1166614

RECEIPTS AND PAYMENTS FOR THE 12 months to 31 December 2024

UNRESTRICTED FUNDS

RECEIPTS
General donations
Donation for mobile boma
Donation for Lion Collars/Drone
Gift Aid
Interest
TOTAL RECEIPTS
PAYMENTS
Bank Charges
Newsletter/brochures
Transfers to VFWT Zim for use
in Rescue & Rehabilitation
Purchase of mobile boma
Lion collars
Construction of Admin block at
VFWT Rehab Centre
Donation to Malilangwe iro TRACE
SURPLUS/(DEFICIT)
Transfers from Restricted Funds
Net Movement in Funds
£
£
33,207
3,000
4,759
2,965
462
44,393
44,393
378
3,515
0
2,980
0
40,519
17,183
64,575
-£20,182
0
-£20,182
2024
2023
£
£
27,703
24,600
6,150
0
58,453
58,453
273
2,242
7,800
1,694
0
0
12,009
£46,444
19,580
£66,024

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VICTORIA FALLS WILDLIFE TRUST

CHARITY NUMBER: 1166614

RECEIPTS AND PAYMENTS FOR THE 12 Months to 31 December 2024

RESTRICTED FUNDS

2024
£
RECEIPTS
Oak Foundation
3,950
Oak Foundation KAZA II
125,647
University of Oxford - Human/Wildlife conflict mitigation
0
University of Oxford - Wildlife Conservation Research
0
Ernest Kleinwort Trust - Vulture conservation
0
Total Receipts
£129,597
PAYMENTS
Oak Foundation Grant transfer - VFWT Zim
3,950
Oak Foundation KAZA Grant transfer - VFWT Zim
99,443
Oak Foundation KAZA II Grant transfer - VFWT Zim
43,663
Ernest Kleinwort Trust - Vulture Conservation
10,000
Wildlife Conservation Research
Grant expenses
0
Total Payments
157,056
Net Receipts/Payment
-27,459
Cash funds at beginni
109,443
Transfer to Unrestricted Funds - Oak expenses paid by V
0
Cash funds at period e
£81,984
2023
£
0
139,879
0
0
10,000
£149,879
23,123
110,748
0
0
133,871
16,008
113,015
-19,580
£109,443

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VICTORIA FALLS WILDLIFE TRUST

CHARITY NUMBER: 1166614

STATEMENT OF ASSETS AND LIABILITIES AT 31 DECEMBER 2024

CURRENT ASSETS
Debtors and prepayments
Bank deposit accounts
CURRENT LIABILITIES
Creditors and accruals falling
due within one year
NET CURRENT ASSETS
FUNDS
At 1 January
Net movement in funds
At 31 December
Of which:RESERVED FUNDS
UNRESERVED FUNDS
ANALYSIS of RESTRICTED FUNDS
IUCN Grant
Oak Foundation Grant
Oak Foundation KAZA Grant
Ernest Kleinwort Trust
Oxford WildCru Grant
Unrestricted
0
141,922
0
£141,922
162,104
-20,182
£141,922
£50,000
£91,922
Restricted
Total
0
0
81,984
223,906
0
0
£81,984
£223,906
109,443
271,547
-27,459
-47,641
£81,984
£223,906
£81,984
£131,984
0
£91,922
0
0
81,984
0
0
£81,984
2024
Unrestricted Restricted
Total
0
0
0
162,536
109,443
271,979
432
0
432
£162,104
£109,443
£271,547
96,080
113,015
209,095
66,024
-3,572
62,452
£162,104
£109,443
£271,547
£50,000
£109,443
£159,443
£112,104
0
£112,104
0
0
99,443
10,000
0
£109,443
2023

Signed in Approval

R. G. Dacomb - Finance Trustee

10 March 2024

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CHARITY COMMISSION,, FOR ENGLAND AND N/,LES:. Independent examinerfs report on the accounts 'ction.A' Independent,Ex Report to the trusteesl members of Or:. accounts for the year ended 31 De￿T,bE :-')l?." Charity no . 1166614 {if any, Set out on pages I report to Ir.JSi my examinatiop. of the accounts of the above charty ("the Tn il" '.o- I￿.e year ended 31,'1212024. 3:" ,. Responsibiltties and As the tharity rrusieps of Ehe Trust, you are responsible for the P￿paratIOn basis of report of the accounts in >ccordailce with the requirements of the Charities Act 2011 ("the Ac¥'). I report in rebOccI "T my eAamination of the Trust's accounts C?￿led out under section 145 Jftne 2011 Ad ano iri .?rrying out my examination, I have followe- "plicaile DirectiDns given i)y the Charity Cornfftissiori under section -"F5 j) (i) f the Act. I have completed n',y examination. I confimi that no material matters have come to my attep,tign ( ") in connec.tion with the examina ior. whidi. gi￿,eS tr.e cause la believe that in. any material respect.. accoui)tiiig :=coKis were not kept in accordance with section 130 of the Act Gr the ac4x)'Jnts do r,0", accord with the accounting records Indepenaent examinerfs statement ! h.ave nc ca.Icerp.o 2nd have corp.e acrcsi no other tnatters in connection wilh the exari;ir.4tic,ry to ￿inICh attention should be drawn in order to enable a proper undest-i(4'.,g of tne accosinls to be reached. ase del&+e *1= words ,'n the btsckets if they do not apply. SFgned: Date: 12 March 2025 Name". Cav.n Pcwe". Relevant professional qualification(s) or body (if any): Address: 77 Oxford R03G SGUth London W4 3D) IER October 2018