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2020-12-31-accounts

Charity registration number: 1175762

Helping Rhinos

Annual Report and Financial Statements for the Year Ended 31 December 2020

Helping Rhinos

Contents

Referenceand Administrative Details I
Trustees' Report 2to4
Statement ofTrustees' Responsibilities 5
Independent Examiner's Report 6
Statement ofFinancial Activities 7
Balance Sheet g
NotestotheFinancialStatements 9to16

Helping Rhinos

Reference and Administrative Details

Chief Executive Officer

Simon Jones

Trustees

Mr Duncan Finch

Stuart Clarke Simon Jones Lisa Philpott Tan Kerr Ros Bird Chad Stephenson

. Principal Office

50 Coulstock Road Burgess Hill West Sussex RH15 9XZ

Charity Registration Number 1175762

Independent Examiner

Hodson & Co Wiston House 1 Wiston Avenue Worthing West Sussex BN14. 7QL

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Helping Rhinos

Trustees' Report

The trustees present the annual report together with the financial statements of the charity for the year ended 31 December 2020.

Objectives and activities

Objects and aims To promote the conservation and protection for the public benefit of the rhino population thereby preserving them from extinction.

Public benefit

Helping Rhinos has carried out numerous fundraising activities in the reporting period, including major events, online campaigns and securing places in organised fundraising activities, such as marathons and cycle rides. Helping Rhinos has also expanded its international education programme to raise awareness of, and engage students in, thino conservation. The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Grant making policies

Helping Rhinos allocates grants to its agreed beneficiaries on a quarterly basis at the Trustee’s meeting. The grants allocated are based on unrestricted and restricted funds available at the time of the meeting and will be allocated to activities identified in advance by the beneficiary. Additional grant requests from organisations outside of the agreed beneficiary list will be considered at the same quarterly intervals.

Use ofvolunteers

Helping Rhinos relies on volunteer roles for the following key activities: * Manage essential admin roles such as supporter comms and newsletter writing. * Manage its promotional / merchandise stand which raises funds and awareness at various events. * Lead and coordinate the education work carried out by Helping Rhinos. * Perform talks at schools, colleges and universities across the country.

Achievements and performance

Helping Rhinos has provided funding to its main beneficiary projects and helped them achieve the following:

Oi Pejeta Conservancy * Implementation and operation of ground breaking technology to support antipoaching work. * Support for the Ol Pejeta anti-poaching dog patro! units. * Support for the scientific research into the artificial reproduction of the northem white rhino sub-species, which this year resulted in the creation of northern white rhino embryos. * Funding to support increasing the black rhino habitat on the conservancy as the current population is at carrying capacity.

Zululand Rhino Orphanage

Page 2

Helping Rhinos

Trustees' Report

Black Mamba All Female Anti-Poaching Unit

African Rhino Conservation Collaboration (ARCC)

Kariega Foundation

#BeMoreRhino

Actual fundraising achieved at the end of the reporting period equalled £410,244.

Financial review

In 2020 Helping Rhinos achieved the following financial highlights:

Full financial breakdown can be found in the approved year end accounts.

*Donations to projects were lower and the surplus held was higher than the previous year due to a delay in a major fundraising event as a result of COVID restrictions. This resulted in the funds raised of circa £118k being sent to the field projects in January 2021,

Policy on reserves

Helping Rhinos requires a level of free reserves to safeguard the operation of the organisation from unexpected delays in the receipt of grants, donations and other funding and unforeseen expenditure. The Trustees, having reviewed the risks to which Helping Rhinos might be subject to, have decided that the reserves that should be held are a minimum of the next six months of operational expenditure. This level of reserves allows sufficient time for an organised wind down of operational activities should that be necessary and the sensible and proper distribution of restricted income during this period. There is no upper limit stipulated on the amount of reserves that should be held as the reserves can be distorted by one-off receipts such as legacies and suitability of appropriate field projects to provide funding for. However, it would normally be expected that reserves would not exceed the next 12 months of operational expenditure.

£96,803 is held in unrestricted reserve plus £173,765 in restricted reserves allocated to the field projects supported.

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Helping Rhinos

Trustees' Report

Principalfunding sources

The principle sources of fundraising for Helping Rhinos are:

Going concern

There are currently no uncertainties about the charity continuing as a going concern.

Structure, governance and management

Nature ofgoverning document

The charity is a Charitable Incorporated Organisation (CIO) governed by an agreed and approved Constitution document.

Recruitment and appointment oftrustees

If a position on the Board of Trustees becomes available, candidates are invited to apply for the position with an appointment being made following a vote by the exiting Trustees. A majority vote is acceptable to appoint a new Trustee.

Organisational structure

For the reporting period, the charity operated with 5 Trustees, one Chief Executive Officer and one part time Fundraiser, one part-time Marketeer and one part-time social media representative.

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The annual report was approved by the trustees of the charity on Ie[v|U. and signed on its behalf by:
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\
Dungan Finch
Simon Tones
Chief Executive Officer and Trustee
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Page 4

Helping Rhinos

Statement of Trustees’ Responsibilities

The trustees are responsible for preparing the trustees’ report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.

The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources ofthe charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the trustees of the charity on tole[4 and signed on its behalf by:

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istee
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Zz

SimonJonesSOS~~~S~ Chief Executive Officer and Trustee

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Helping Rhinos

Independent Examiner's Report to the trustees of Helping Rhinos

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2020 which are set out on pages 7 to 16.

Respective responsibilities of trustees and examiner

As the charity’s trustees ofHelping Rhinos you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Helping Rhinos's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

Since Helping Rhinos's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ICAEW, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of Helping Rhinos as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements concemning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination.

IT have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding ofthe accounts to be reached.

Matthew Flodson FCA Independent Examiner

Wiston House

1 Wiston Avenue Worthing West Sussex BN14 7QL vate. 16. [26 (2)

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Helping Rhinos

Statement of Financial Activities for the Year Ended 31 December 2020

Income and Endowments from: Note Unrestricted
funds
£
Restricted
funds
£
Total
2020
£
Donationsandlegacies
Charitableactivities
Othertradingactivities
Totalincome
Expenditure on:
94,746
9,462
38,435
142,643
140,210
-
127,391
267,601
234,956
9,462
165,826
410,244
Raisingfunds
Charitableactivities
Totalexpenditure
Netincome
Grosstransfersbetweenfunds
(94,748)
(20,000)
(114,748)
27,895
(4,198)
(9,430)
(133,870)
{143,300)
124,301
4,198
(104,178)
(153,870)
(258,048)
152,196
.
Netmovementinfunds
Reconciliation offunds
23,697 128,499 152,196
Totalfunds broughtforward 73,106 45,266 118,372
Totalfundscarriedforward
Income and Endowments from:
14
Note
96,803
Unrestricted
funds
£
173,765
Restricted
funds
£
270,568
Total
2019
£
Donationsandlegacies
Charitableactivities
Other trading activities
Total
income
Expenditure on:
67,841
149,912
217,753
5,750
-
5.750
-
101,032
101,032
=,032
73,591
250,944
324,535
aCSS
Raising funds
Charitable activities
Total
expenditure
Net
(expenditure)/income
Net
movementinfunds
Reconciliation offunds
(89,572)
-
(89,572)
(15,981)
(15,981)
(31,076)
(212,849)
(243.925)
7,019
7,019
(120,648)
(212,849)
(333,497)
(8,962)
(8,962)
Totalfundsbrought forward
Total funds carriedforward
14 89,087
38,247
127,334
OO
__73,106
45,266
118,372

All of the charity's activities derive from continuing operations during the above two periods, The funds breakdown for 2019 is shown in note 14.

The notes on pages 9 to 16 form an integral part of these financial statements. Page 7

Helping Rhinos

(Registration number: 1175762) Balance Sheet as at 31 December 2020

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Note 2020£ 2019£
Current assets
Stocks 10 2,579 2,775
Debtors 11 53,446 19,322
Cash at bank and in hand 12 228,472 113,829
284,497 135,926
Creditors: Amounts falling due within one year 13 (13,929) (17,554)
Net assets 270,568 118,372
Funds of the charity:
Restricted income funds
Restricted funds 14 173,765 45,266
Unrestricted income funds
Unrestricted funds 96,803 73,106
Total funds 14 270,568 118,372
Teleddeets Statements on pages 7 to 16 were approved by the trustees, and authorised for issue on
Mellel 492-1 and signed onod
= =SF
7
Simon Jones
Chief Executive Officer and Trustee
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The notes on pages 9 to 16 form an integral part of these financial statements. Page 8

Heiping Rhinos

Notes to the Financial Statements for the Year Ended 31 December 2020

I Accounting poticies

Statement of compliance

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting, Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

Basis of preparation

Helping Rhinos meets the definition. of a public benefit entity under FRS 102. Assets.and liabilities are initially recognised at historical cost or transaction value untess otherwise stated in the relevant accounting policy notes.

Exemption from preparing a cash flow statement

The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. The trustees have considered the impact of Covid-19 on the charity, and how the pandemic is likely to effect the charity funds going forwards, and with the increase in surplus in 2020 are satisfied that the charity has sufficient funds to be able to continue as a going concer.

income and endowments

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.

Grants receivable

Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised asa liability and included on the balance sheet as deferred income to be released.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Raisingfunds

These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.

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Helping Rhinos

Notes to the Financial Statements for the Year Ended 31 December 2020

Charitable activities

‘Charitabiefor expenditure comprises those costs incurred by the charity in-the delivery of its activitiesand services its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Grant provisions

thereProvisions for grants are.made when. the intention-to.make a grant-has been.communicated-to.the recipient-but is uncertainty about either the timingof the grant orthe amount of grant payable.

Government grants

Goverment grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.

Taxation

thereforeThe charity. is. considered to pass. the tests .set out.in Paragraph1 Schedule 6 of the Finance Act 2010 and charity it meets the definition of a charitable company for’UK corporation tax purposes. Accordingly, the covered is potentially exempt from taxation in respect of income or capital gains received within categories Gains by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Stock

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell, after due regard for obsolete and slow moving stocks. Cost is determined using the first-in, first-out (FIFO).

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

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Heiping Rhinos

Notes to the Financial Statements for the Year Ended 31 December 2020

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees's discretion in furtherance of the objectives of the charity.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Financiat instruments

Classification

The charity only has financial assets and liabilties of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2 Income from donations and legacies

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Unrestricted
funds Restricted Total
General funds funds
£ £ £
Donations and legacies;
Donations from individuals 55,987 140,210 196,197
Gift aid reclaimed 8,590 - 8,590
Grants, including capital grants;
Ol Pejeta grant 30,169 - 30,169
Total for 2020 94,746 140,210 234,956
Total for 2019 67,841 149,912 217,753
3 Income from charitable activities
Unrestricted
funds Total Total
General 2020 2019
£ £ £
Merchandise sales 9.462 9.462 5.750
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Page 1}

Helping Rhinos

Notes to the Financial Statements for the Year Ended 31 December 2020

4 Income from other trading activities

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||||| |---|---|---|---| |Unrestricted| |funds|Restricted|Total| |General|funds|funds| |£|£|£| |Events|income;| |Other events income|38,435|127,391|165,826| |Total for 2020|38,435|127,391|165,826| |Total for 2019|-|101,032|101,032|

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5 Expenditure on raising funds

a) Costs of generating donations and legacies

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||||||| |---|---|---|---|---|---| |Unrestricted| |funds|Restricted|Total| |General|funds|funds| |£|£|£| |Other direct costs of|generating voluntary|income|86,373|9,430|95,803| |Total for 2020|86,373|9,430|95,803| |Total for 2019|85,732|31,076|116,808|

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b) Costs of trading activities

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||||| |---|---|---|---| |Unrestricted| |funds|Total| |General|funds| |Costs|Pa|£| |of|goods-sold:|8,375:|8,375| |Total|for 2020|8,375|8.375| |Total|for 2019|3,840|3,840|

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Helping Rhinos

Notes to the Financial Statements for the Year Ended 31 December 2020

6 Expenditure on charitable activities

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|||||| |---|---|---|---|---| |Unrestricted| |funds|Restricted|Total| |Note|General£|funds£|funds£| |Grantfunding ofactivities|7|20,000|133,870|153,870| |Total for 2019|-|212,849|212,849|

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7 -Grant-making

Analysis of grants

The support costs associated with grant-making are £Nil (31 December 2019 - £Nil).

Below are details of material grants made to institutions.

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||||| |---|---|---|---| |2020|2019| |Name|of institution|£|£| |Ol|Pejeta|11,652|143,453| |Black Mambas|45,923|20,403| |Orphanage|32,981|33,831| |ARCC|21,295|10,000| |Kariega|13,980|370| |Itemba|570|950| |NWR Search|7,469|3,842| |ARCC|10,000|=| |Kariega|10,000|-| |153,870|212,849| |SS|————|ees|

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8 Staff costs

The aggregate payroll costs were as follows:

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|||||||| |---|---|---|---|---|---|---| |2020|2019| |z|£| |Staff costs|during the year were:| |Salaries and wages|64,030|63,102| |Social security|costs|410|1,275| |Pension|costs|(defined|contribution|scheme)|1,171|1,205| |65,611|65,582| |—————___|———————=——|

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Helping Rhinos

Notes to the Financial Statements for the Year Ended 31 December 2020

The monthly average number of persons {including senior management team) employed. by the charity during the year expressed as full time equivalents was as follows:

2020 2019
No No
Fundraising } 2
Charitabfe Activities
2 3

No employee received emoluments of more than £60,000 during the year

The total employee benefits of the key management personnel of the charity were £31,608 (2019 - £30,768).

9 Taxation

The charity is a registered charity and is therefore exempt from taxation.

16 Stock

2020 2019
£ £
Stocks 2,579 2TtS
11 Debtors
2020 2019
£ £
Accrued income 53,446 19,322
12 Cashand cash equivalents
2020 2019
£ £
Cash atbank 228,472 113,829
13 Creditors: amountsfallingdue within:one year
2020 2019
£ £
Trade creditors 3,929 .
Accruals - 7,359
Deferredincome 10,000 10,195
13,929 17,554

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Helping Rhinos

Notes to the Financial Statements for the Year Ended 31 December 2020

14 Funds

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|||||||| |---|---|---|---|---|---|---| |Balance|at| |Balance|at|1|31| |January|Incoming|Resources|December| |2020|resources|expended|Transfers|2020| |£|£|£|£|£| |Unrestricted|funds| |General| |General|73,105|142,643|(114,747)|(4,198)|96,803| |Restricted|funds| |Ol Pejeta|4,238|35),211|(21,082)|-|135,367| |Black Mambas|5,887|42,101|(45,923)|4,198|6,263| |Orphanage|8,966|34,997|(32,981)|i|10,982| |Kariega|1,378|15,478|(13,980)|.|2,876| |Itemba|475|95|(570)|.|-| |NWR|*|7,469|(7,469)|-|7| |ARCC|23,322|16,250|ed 295)|-|18,277| |Total|restricted funds|45,266|267,601.|( 143,300)|4,198|173,765| |Total funds|1 18,371|410,244|(258,047)|-|270,568| |Balance at 31| |Balance|at|1|Incoming|Resources|December| |January|2019|resources|expended|2019| |£|£|£|£| |Unrestricted|funds| |General| |General|89,087|73,591|(89,572)|73,106| |Restricted| |Ol|Pejeta|3,636|176,131|(174,529)|5,238| |Black. Mambas|9,077|17,213|(20,403)|5,887| |Orphanage|21,102|21,695|(33,831)|8,966| |Kariega|210|1,538|(370)|1,378| |Itemba|380|1,045|(950)|475| |NWR|3,842|-|(3,842)|-| |ARCC|.|33,322|(10,000)|23,322| |Total restricted funds|38,247|250,944|(243,925)|45,266| |Total funds|127,334|324,535|(333,497)|118,372|

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Helping Rhinvs

Notes to the Financial Statements for the Year Ended 31 December 2020

IS Analysis of net assets between fands

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||||||| |---|---|---|---|---|---| |Unrestricted|Total funds at| |funds|Restricted|31|December| |General|funds|2020| |£|£|£| |Current|assets|110;732|173,765|‘284|497| |Current liabilities|(13,929)|-|(13,929)| |Total|net assets|96,803|173,765|270,|568| |Unrestricted|Total|funds|at| |funds|Restricted|31|December| |General|funds|2019| |£|£|£| |Current assets|86,160|49,766|135,926| |Current liabilities|(13,054)|(4,500)|(17,554)| |Total|net assets|73, 106|45,266|118,372|

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i6 Analysis of net funds

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|||||| |---|---|---|---|---| |At31| |Atl|January|Financing|cash|December| |2020|flows|2020| |£|£|£| |Cash|at bank and in hand|113,829|114,643|228,472| |Net cash|113,829|114,643|228,472| |At|31| |Ati|January|Financing cash|December| |2019|flows|2019| |£|£|£| |Cash at bank|and in hand|133,024|(19,195)|113,829| |Net cash|133,024|( 19,195)|113,829|

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