LOFFThIEN ECOLOGICAL TRUST (FORMERLY THE LACES ECOLOGICAL AND GEIYERAL TRUST) (A CHARITABLE INCORPORATED ORGANISATION) FTNANCIAL STATEMENTS YEAR ENDED 5 APRIL 2025 ChAritable In¢orpTrT4ted Ory&ni$Rtion Number: CE016609 Cbarlty No. 1182173 LOFFTWEN ECOLOGICAL TRUST (FORMERLY THE LACES ECOLOGICAL AI¥D GENERAL TRUST) FINANCIAL STATEMENTS YEAR ENDED 5 APRIL 202S Colltents Page Referell￿ and 4dmini5trative details TnJst¢e8 Annual Report 34 Indepathnt RevieweTS Report Statement of Financial A¢livities Balance Sh¢¢t Notes to Fmanoial Sfat¢m¢nt LOFFnVEN ECOLOGICAL TRUST (FORMERLY THE LACES ECOLOCICAL AND GENERAL TRUST) REFERENCE AND ADMINISTRATIVE DETAILS YEAR ENDED S APRIL 2025 Re2i5tered office l The Sanctuary Westminsl¢r London SWIP 3JT Cbarlty registratioll nwmber 1182173 Comp¥uy reglstration ttumber CE016609 Soll¢ltors Lee Boltort) Monier-williams l The Sattctuary Westminster LondoD SWIP 3 THE TRUSTEES The trnstees who served the charity during the period were as follow5: Mr Peter Frederick Barton Beedey- Tesigned 29 May 2025 kfr Howard John Dellar Mr Barry Martill M￿kenzle-resIgryed 29 May2025 MarEaret Fulford- appointed 29 May 2025 Mr Alan Mason- appointed 29 May 2025 LOFFfw£N ECOLOGICAL TRUST (FORMERLY THE LACES ECOLOCICAL AND GENERAL TRUST) TRUSTEESI ANNUAL REPORT YEAR KIYDED 5 APRIL 2025 REPORT OF TRE TRUSTELS FOR THE YEAR ENDll¥G S APRIL 2025 Tbe tru5tee5 are pleased to preseni their anJ]ual trumees. r¢porf with the fuJ8ncial Siatements of th¢ ¢haAty for the year ended 5 April 2025. The financiol stalements comply with the Charitie5 Act 2011, Accounting Lnd Reporting by ChArfties.' Staiement of Re¢omm¢ndd Practice applicable lo ¢harttie8 prcparing their accounts iti accordance with the Finttllcial RepoTting Standard applicable in th¢ UK And Republic of Ireland (FRS 102). OWECTIVES AND ACTIVITIES The objects of U)ffiwell E¢oloBical Ttust are the advAncanenl of ed[￿ation throughoui tho world ond relaied projeets. STRUCTU￿ GOVERNANCE AND MANAGEMENT Nature ofrhe ehorlty and itsgovernlng documeNts Lofftwen Ecological Trust is o regisieredcharithble In¢orpoTrledOrganisation (CIONumb¢rCE016609) (Charlty RegIS￿lI0nNUMber1182173), registered on 21 Fcbwary 2019. 11 Is governed by a ¢onstilUtion which estsblish¢s the objects and powers of the ¢hori¢able organtsation. Manqgemeni aKdLofjhven Ecological Trus{ The chority is managed by th¢ charity's trust¢es, all of whom serve on a voluntary basis. Th¢ trustees rettre by rotation al eaeh Ajmual Genernl Meeting. The TTUStee5 have had due r¢g&rd lo the Euidance on publir b¢n¢fit published by the Charity Commi¥sion in exercising Iheirpowers dod dutie5. Therisk4 to which the charityiAexposed, os idenlifwdbythetrnstees. have been reviewed and system$ have bmn e5tsblls1￿d to mitigate those Tisk8. FINANCIAL REVIEW Total income for the period was £73,589 (2024: £9.090) and totsl expenditure for the period was £30.909 (2024 £10,103). At the 5 April 2025. the results showol a total ¢arried forward of £42,680 (2024: deficit £1.860). Reservespolicy The Lofftwen Ecological Trust reserves policy is to retain 4 5UtTirient level of reserves to enable the charity to maintain ils operating activitles and eoniillue providfng its services tsking account of potential risks and ontingen¢ies tbat ￿lY arise from time to time. The policy is reviewed annually by the trustees and reserves are reviewed regularly througknut the p￿10d. LOFFfw£N ECOLOGICAL TRUST (FORMERLY THE LACKS ECOLOGICAL AND GENERAL TRUST) TRUSTELS. ANNUAL REPORT (¢ODtthued) YEAR ENDED 5 APRIL 21125 STATEMENT OF TRUSTEESI RESPONSIBILITIES The TTUSttts are responsible forpr¢p￿1og the TTUStcd$ Anttual Report altd the fthandal statements irt accordance applicable law #r]d United Kingdom Ac¢ounling Standards (United Kingdom Generally Accepted Ac¢ounling Pra¢tsce). Charity law requtres the tntste¢s lo prepare finftncial statements for ¢o¢h fu]ancial year which give 4 tnje attd fair view of the Stsle ofaffalrs of the chariry and of the irKoming resource$ and application of resource4 includiog the incon)e and ¢xpenditure. of the ¢haTity for that period Tn preparing thesc f￿anCIal ita¢ements, the ￿￿Slee5 or¢ required lo Select suitsble accountin8 policies and then apply them ¢tinsiBt¢nily. Observe the methods aud principles in th¢ Charities SORP. Moke jud8emcnls and ¢stimotes that arc r¢a$onabl¢ and prudent Sthto wh¢ther appli¢able UK A￿oll￿￿n8 Sthndards have b¢4n followe4 subject to any materia] depatturos disclosed and oxplained In the f￿aD¢la1 slaf¢ments.' and pr¢pare th¢ financi81 stalemenLs OD the 8olnB conccrn basts unless it Is Inappropriate to presume that the CIO will conlinu¢ in operation. The trusiec5 are rosponsible for keepin8 proper accounting records that dlsclos¢ with re&sonable ac¢ur2¢y Ot any time the fth8nclal posiiion of the chaTity And en4ble them io e￿SUre th&i the fmancial sthtements comply with th Ch&Yties Act 2011.Thcy are also responsible for safeguarding the assets of tho Ch￿]ty and hcn¢e for takin8 reasonable steps for the prcventlon Ind dete¢iion of fraud and other irre8ularilie$. Re8lsler¢d Offl¢e l The S4nctuary W&qtinin5ter London SWIP 3JT Sisned by order of the Irustees Mr Howard Joho Dellar LOFfnVEN ECOLOGICAL TRusr (FORMERLY THE LACES ECOLOGJCAL AND GENERAL TRUST) INDEPENDENT REVIEWER)S REPORT YEAR ENDED 5 APRIL 2025 I report on the a¢¢ounts of the charity for the year ended 5 April 2025. which Ar¢ set out on pages 6-9. Respective responsfibllilles of trustees and examlner The eharity's tn￿le¢S are responsible for th¢ preparation of the a¢¢ounts. The charity'5 tn￿tee8 congider that al] audii is not requir¢d for thts yeur (under seclion 144(2) of the Ch8rilie8 Act 2011 (tho 2011 Acc)) and that an independent examination 1$ needed. Having satisfied mysdf that the charity Is not subject to Audit under ￿MpanY law ond is eli8ibb for independent exHminatioJ], il Is my responsibllity to: examine the accounts undersectioyj 145 of the 2011 Act; to follow th¢ proeedures laid down in the gencral Directions 8iv¢n by the Cbarity cOrnn￿SSIon under section 145(5) (b) of th¢ 2011 Act: and k) state whctherparticular matters havo ¢¢)me Ip my attention. Ba418 of independenl examlner&' report My examination was ¢anied out In a¢¢ord8nce with the goneral Directton8 given by the Charity Commissioners. An examinaiion includes reviow of the 8ceounlitig recordx k¢pl by the Charity attd a comparison of the accounts presented with th05¢ re¢ords. It also in¢ludc5 consithrnlion of any UllUSU41 itcms or dis¢lo.¥urc5 in the ac¢ounts and seLktn8explanations from you &8dire¢tyYs COD¢erning anysucli mattus. 1'heprocedurestmdertaken donotprovide au tho evidcn¢c thal would be required th an audll, and consequentIy no opinion isgiven as to wh¢therthoaccounts present a'true and falr, view and the report is limited to those matters $et out in the statement below. Independent examiners 8tAtement In ¢onnwlion with my examination, no matter b88 come to my allentlon.. a) whi¢h 8iv¢$ me reasonable cause to bellev¢ that in any n]ateriF41 r¢spect4 the requirements: lo keep acwunllns records in accordAnce with sectson 386 of the Companies Aci 2006. at to prepare accounts which accord with the a¢¢ountin8 recorth, comply with the accountrng requirements of se¢¢l(m 396 of the Comp4nies Act 2006 and wtth the methods alld principles of the Ststcment of Recommended Pro¢tice.' Ac¢ountiog and Reporting by Charitie& have not be¢n met or b) lo which. in my ¢)pinion, attention should be drawn in order io enable 4 proper ￿￿erStandIng of the accounts to be Teaclwd. N. Col4¢0 F.C. TC BSG Valetttin¢ Litniied Chartered Acctsuntants Lynton House 7- 12 Tavistock Square London WCIH 9BQ LOFMVEN ECOLOGICAL TRUST (FORMERLY ThE LACL8 ECOLOGICAL AND GENERAL TRUST) STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED S APRIL 2D25 Unrestrkted Funds 2025 Unrestricted Funds 2024 Iyot INCOMING RESOURCES IncomingreJoureesfrom géneraledfunds Donation8 received 73589 9,090 TOTAL INCOMING REsoifRCES 73.389 9,090 RESOURCES EXPENDED cosl0fge￿erIrtAKSmffds Donations paid Administration expenso (24.865) (6,044) (10,103) TOTAL RESOURCES EXPENDED 30,909 (10,103) NET oufGOING RESOURCES FOR THE PEIUOD Funds brou8ht fonvard 42,680 (1.860) (1.013) (847) TotAI funds ¢WTi¢d fon¥ard 40,820 (1.860) AU the above results are derived from continuing activities. There were no other recognised gain5 or losses other than tbose sts*d above. The notes on pages 7 and 8 fonn part of the fmwial stateM￿ts LOFFTWEN ECOLOGICAL TRUST (FORMERLY THE LACES ECOLOCICAL AND GENERAL TRUST) BALANCE SIIEET AS AT 5 APRIL 2025 Unrestrieted Fund$ 2025 Unrestrlcted Fund$ 2024 CURRENT AssErs Cash 41 bank and in hand 45,842 540 TOTAL CURRENT ASSETS 45,842 540 CURRENT LIABILITILS Creditors & Accrual8 (5,022) {2,400) TOTAL CURRENT LIABILrriES (5,022) (2,400) NET L￿BILITIEs 40,820 (1,860) Represeniedby.. UNRESTRICTED FUNDS 40,820 (1,860) The fllJan¢ial stai¢ments were opproved by th¢ Irustees and are Signed on their behalf by: Mr Howard John Dellar Trustee 7, 0,LL. Charitsble IncoTporated organ1￿ll0n Number. CE016609 Charity Number.. 1182173 The notes on page 7 and 8 form part of the fman¢ial statements LOFFTWEN ECOLOCICAL TRUST (TORMERLY THE LACES ECOLOCICAL AND GENERAL TRusf) NOTES TO THE FINANCIAL STATKMENTS YEAR ENDED S APRIL 2025 l. Gelleral Information The trust is a Charit4ble IncorpoTatcd Organisatio4 registered in Et]gland and Wales. The addre&s of the registered officc is l The Sanctuary. Wcstminster, kndon SWIP 3￿. I StatemeDt of compliant These f￿anCial statements havEbcen prepared in compliance with Section IA of FRS 102. The Financial Reporting Standard applicable in the UK and the Republic of Iroland AeeouDtlng poll¢le$ BA$15 of preparation The financial slateiJLents havebeen prepared in accordance with Accounting and Reporting by Charilies.. Statement of Recommended Practice applicable to ¢lJarities preparin¥ their accounts in 4¢cordaDce with the Financial Reporting Stsndard appIl￿ble in the UK and Republi¢ of Irelond (FRS 102). Charitic$ SORI> FRS 102 and th¢ CharitieN Acl 2011. The charity meets the definiiion of a public benefit entity und¢rFRS 102. As¥et8 ond liabilities are iTJitially reco¥nised 41 historical ¢05t or t￿nsactIon value unl othenvlse staled in the r¢levgnl accouniing poll¢y or oote. DlseloBure exemptlons The ontity8atisfies the¢riteria ofbeiDg a q￿]IfyI]ISelltlty as defined in FRS 102. No cash llowstatemenl hos bttA pres¢llied for th¢ Company. JudRements god key sourw ofestlm*tlon ullcertalnty The preparalion of the financial statements requlre5 Jnana8emenl so make judgements, estimales and a￿uInPti0￿& that affect the amounts rcported. These eslimllles and jud8¢ments are continually reviewed and are bas¢d on cxperience and other factor4 inGludin8 expectatlons of fuMr¢ events thal are b¢liev¢d to be rea80nable under the ¢ircumst8n¢es. Charltable IN¢ome AII charitsble incoine is accounled for tn the statement of fJn¥noial activity whell the ch￿lty 15 leBaIly entitled to the income and the amount cau be quaDlified with r¢asoDoble accuracy. Expelldlture All expendilure is aceounled for on an accntals ba518 and allocatsd lo the appropriate headin8 in the accounts. All VAT bas been kncluded ts part of the wst to which it ro18t&s. Trustees remunoTAtIo Tnutec's remuneraiion during the p￿10d amounted to £nil. (2024:_ £ nil) 21125 2024 4. Charlt4ble In¢ome Donations Teceived 73,589 9.090 73.589 9,090 LOFFTWEN ECOLOGICAL TRUST (TORMERLY THE LACES ECOLOGICAL AND GENERAL TRUST) NOTES TO THK FINANCtAL STATEMENTS YEAR ENDED S APRIL 2Q25 2025 2024 S. Admlnlstr8tioll ¢xptnseJ Accountancy Jxgal audprofesyional fees 4,920 1,124 2,400 7,703 6,044 10,103 Trnste*5' odvances, credll4 and 8uar*ntte$ There were no ¢rnJsa¢tion8 with trustees in the period ended 5 April 2025 (2024.. £nil). T•xatloD The charity is exempi from tax as all Its i￿0￿¢ is charltsblc and is applied for charithble Related party Iran$a¢tlons There were no related party tsans8¢tions during the period ended 5 April 2025 (2024: £nil) apan from., AceountAn¢y fees amounting to £4.920 (2024: £2,400) were poid in the year to TC BSG Valentino Limited. Mr Bany Martin Meckenzie is a ¢ODsultant ofTC BSG Valentin¢ Limited pnd w&% trust￿ of the chHrAty in thc y¢ar. Le8al and prof&ssional fees included £1,124 (2024: £7,703) paid in the year to Lee Bolion Mouie Williams LLP. Mr Howard John Dellar Is R partller in l£e Bolton Moni¢r-Williams LLP and also a trustee ofthe chRrity.