## **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** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body)**
**entitled to appoint trustee (if any)**| |---|---|---|---|---| ||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 **NA** ## **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**|**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) 1 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)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| |||Carys Solman|26.05.21| ||||| CCXX R2 accounts (SS) 2 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** 1 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** 2 ## **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** 3