2021-03-31-accounts - Wild Cymru / Cymru Wyllt

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Trustees’ Annual Report for the period

From 1[st] April 2020 Period start date To 31[st] March 2021 Period end date

Charity name: Initiative for Nature Conservation Cymru

Charity registration number: 1180113

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	To promote for the benefit of the public the conservation protection and improvement of the natural environment of Wales in such ways as the trustees think fit and including by advocacy, carrying out research and publishing the useful results thereof and promoting biodiversity. To advance the education of the public in the conservation, protection and improvement of the natural environment of Wales by providing information and through raising awareness.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	Educational remit. Launch of all-Wales magazine and new website. £14,235 in funds raised via supporter scheme and magazine subscriptions. £3425 raised through delivering contract work such as educational talks and landowner engagement, and work on the Carmarthenshire Meadows Project. Community and nature conservation remit. £22,501 in grant funding and £4765 in restricted donations spent on community and nature conservation work in the Amman Valley, the Marsh fritillary population reinforcement project, and relaunch of Nature Cymru magazine. Advocacy work and education. Biodiversity petition.
Statement confirming whether the trustees have had regard to the guidance	Para 1.18	The Trustees of INCC are aware of their legal requirement under the Charities Act to have regard to the commission’spublic benefit

issued by the Charity Commission on public benefit

Guidance (PB1, PB2 and PB3). Furthermore INCC Trustees have taken the guidance into account when making a decision to which the guidance is relevant.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	INCC has continued its advocacy work with the Welsh Parliament to stand up for wildlife and nature conservation. Our petition for a greater biodiversity remit for Natural Resources Wales has been heard at the Climate Change, Environment and Rural Affairs Committee and we continue to challenge environmental decision makers to do more for wildlife. As part of INCC’s educational remit, we have been successful in reviving the all-Wales nature conservation magazine – Natur Cymru. The magazine originally ran from 2001 until 2017, before it ceased publication due to the withdrawal of government funding. INCC has been able to revive the magazine under a new financial model. The magazine covers articles on species and habitats in Wales as well as shining a light on key conservation issues and encouraging early career contributors. One of our keyflagship projects duringthe

reporting period has been the nature conservation work undertaken in the Amman Valley, Carmarthenshire. Although community engagement has suffered as a result of Covid-19, online surveys, newsletters and advice has enabled INCC to reach new audiences in the area so that more people can become engaged in local nature conservation activities and help protect their landscape for wildlife. Community volunteers have been the core success of the project to date and many volunteers have helped by recording wildlife, installing nest boxes and reporting pollution incidents. INCC’s flagship marsh fritillary population restoration project was licensed in 2020 as the first project of its kind in Wales. The project aims to restore a population of the marsh fritillary butterfly in South Wales through captive rearing and release. A total of 80 caterpillars were collected in February 2021 and are now being reared in captivity so that thousands of caterpillars can eventually be returned to the wild to help boost the local population.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41
Performance of fundraising activities against objectives set	Para 1.41
Investment performance against objectives	Para 1.41
Other

Financial Review

Review of the charity’s financial position at the end of the period	Para 1.21	INCC has received several grants and donations over the last 12 months which has allowed the organisation to continue community nature conservation projects in the Amman Valley and Carmarthenshire, as well as develop our ability to secure future grants. INCC has also developed its supporter scheme and used the funds and other grants and donations to relaunched the magazine Natur Cymru. Donations enable INCC to further its charitable objects by producing educational literature, and leading campaigns and advocacy projects. The results of the current financial year reporting period exceeded Trustees expectations. Total income for the year was £66,134 of which £42,902 was from restricted grants and donations. Total spending during the reporting period was £38,028 of which £27,734 was grant spending and project expenditure. At the end of the reporting period INCC had cash assets totalling £54,767. Of these cash assets £34,870 was comprised of restricted grants and donations, and £19,897 was comprised unrestricted cash and reserves.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	It is INCC policy to retain financial reserves totalling 6 months staff costs. These reserves are held so that INCC has the means with which to deliver on grant and supporter promises in the event of a planned closure.
Amount of reserves held	Para 1.22	£8542
Reasons for holding zero reserves	Para 1.22	NA
Details of fund materially in deficit	Para 1.24	None
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	None

Additional information (optional) You may choose to include further statements where relevant about:

The charity’s principal sources of funds (including Para 1.47

any fundraising)
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Constitution
How is the charity constituted? (e.g unincorporated association,CIO)	Para 1.25	CIO
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Current Chair, Secretary and Treasurer self-appointed. New trustees appointed by current board of trustees.

Additional information (optional) You may choose to include further statements where relevant about:


Policies and procedures adopted for the induction and training of trustees	Para 1.51
The charity’s organisational structure and any wider network with which the charity works	Para 1.51
Relationship with any related parties	Para 1.51
Other

Reference and Administrative details

Charityname	Initiative for Nature Conservation Cymru
Other name the charity uses
Registered charity number	1180113
Charity’s principal address	Science Centre, c/o National Botanic Garden of Wales Llanarthne, Carmarthenshire SA32 8HG

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year
Elizabeth Chadwick	Chair	Whole year
Lyndsey Maiden	Secretary	Whole year
Carys Solman	Treasurer	Whole year
Rose Revera	Trustee	12/04/2020
Julian Jones	Trustee	26/11/2020

– Corporate trustees names of the directors at the date the report was approved Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets None held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of	Name	Address
adviser

Name of chief executive or names of senior staff members (Optional information)

Robert Jones Parry

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

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

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Carys Solman Position (eg Secretary, Treasurer Chair, etc)

Date 26.05.21

Charity Name No (if any) Receipts and payments accounts For the period Period start date Period end date To from

CC16a

Section A Receipts and payments

A1 Receipts	Unrestricted funds to the nearest £ 14,235 5,560 3,425 - 12 - - 23,232 - - - 23,232 7,794 2,500 - - - - 10,294 - - - 10,294 12,938 1,801 5,158 19,897	Restricted funds to the nearest £ - 10,585 - 31,849 468 - - - 42,902 - - - 42,902 22,501 4,765 468 - - 27,734 - - - 27,734 15,168 - 1,801 21,503 34,870	Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - -	Total funds to the nearest £ 14,235 16,145 3,425 31,849 480 - - - 66,134 - - - 66,134 7,794 2,500 22,501 4,765 468 - - 38,028 - - - 38,028 28,106	Last year to the nearest £
Supporter Scheme	14,235				2,110
Donations	5,560				700
Contracts	3,425				7,086
Grants	-				38,669
Other	12				7

	-
	-				-
*Sub total*(Gross income for AR)	23,232				48,572

A2 Asset and investment sales, (see table).
	-
	-				-
*Sub total*	-				-
*Total receipts* A3 Payments
					48,572

Core Costs	7,794				3,495
Contractors	2,500				2,000
Grant expenditure					17,166
Project expenditure	-
Other	-
	-				-
	-				-
**Sub total **	10,294				22,661

A4 Asset and investment purchases, (see table)
	-
	-
**Sub total **	-				-
*Total payments* *Net of receipts/(payments)* A5 Transfers between funds A6 Cash funds last year end *Cash funds this year end*
					22,661

	12,938	15,168	-	28,106	25,911
	1,801	- 1,801	-	-	-
	5,158	21,503	-	26,661	750
	19,897	34,870	-	54,767	26,661

CCXX R1 accounts (SS)

09.07.2021

Section B Statement of assets and liabilities at	Section B Statement of assets and liabilities at	the end of the period
Categories Signed by one or two trustees on behalf of all the trustees B5 Liabilities B4 Assets retained for the charity’s own use B3 Investment assets B2 Other monetary assets B1 Cash funds	Signature Details Details Details Details Restricted funds Core funds Reserves *Total cash funds* (agree balances with receipts and payments account(s)) Details	Unrestricted funds Restricted funds to nearest £ to nearest £ 34,870 11,355 8,542 19,897 34,870 0 0 Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name Carys Solman	Endowment funds to nearest £
			-
			-
			-
			-
			0
			Endowment funds to nearest £
			-
			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			Current value (optional)
			-
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			When due (optional)






			Date of approval
		Carys Solman	26.05.21

CCXX R2 accounts (SS)

09.07.2021

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Charity Name members of Initiative for Nature Conservation Cymru On accounts for the year 1[st] April 2020 to 31[st] March 2021 Charity no 1180113 ended (if any) Set out on pages 1 - 11 (remember to include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/03/2021 Responsibilities and basis of As the charity trustees of the Trust, you are responsible for the report 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 Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's I have completed my examination. I confirm that no material matters statement have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

 accounting records were not kept in accordance with section 130 of the Act or  the accounts do not accord with the accounting records

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

Date: 6[th] July 2021

Signed: Name: Joseph Logan Relevant professional Retired Chief Executive of social housing organisations qualification(s) or body (if any):

Address: 83 Chapel Road

October 2018

IER

Abergavenny NP77DR

Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

October 2018

IER

Give here brief details of any items that the examiner wishes to disclose .

There are no materials matters to disclose. The accounts are well set out and I have been given access to all supporting documentation

October 2018

IER