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2022-04-05-accounts

Knowsley Safari Foundation

Unaudited financial statements for the year ended 5 April 2022

Registered Charity No: 1182542

Knowsley Safari Foundation

Business information

Charity registration number 1182542
Trustees The Rt Hon 19thEarl of Derby DL
Andrew McKeown
Edward Perry
Kirsten Warren (Appointed 12 January 2022)
Business address Knowsley Safari Park
Knowsley Park
Prescot
Merseyside
L34 4AN
Accountants Saffery Champness LLP
Kintail House
Beechwood Park
Inverness
IV2 3BW
Solicitors Boodle Hatfield
6 Worcester Street
Oxford
Oxfordshire
OX1 2BX

Knowsley Safari Foundation

Contents

Page
Report of the Trustees 1 - 3
Independent examiner's report 4
Statement of financial activities 5
Balance sheet 6
Notes to the accounts 7 - 12

Knowsley Safari Foundation

Report of the Trustees for the year ended 5 April 2022

Introduction

The Trustees present their report and financial statements for the Knowsley Safari Foundation (the Charity) for the year ended 5 April 2022. The financial statements have been prepared in accordance with the accounting policies set out in the notes to the financial statements and comply with the Charity's Constitution, dated 19 March 2019, and applicable law. The charity is a registered charity, number 1182542.

Structure, Governance and Management

Governing Document

The Charity is a Charitable Incorporated Organisation (CIO). It was registered on 19 March 2019 with the Charity Commission and is governed by its Constitution dated 19 March 2019. The charity was established by The Rt Hon The 19th Earl of Derby DL with an initial sum of £100 to be held and applied by the trustees for general charitable purposes.

Recruitment, Appointment and Training of Trustees

The Charity’s Constitution gave the power to appoint new trustees to the original settlor, The Rt Hon The 19th Earl of Derby DL, during his lifetime. After this period, the existing trustees have the power to appoint new trustees. Trustees are recruited from the immediate family and professional advisors of the original settlor.

The Trustees who served during the year were:

The Rt Hon 19[th] Earl of Derby DL Andrew McKeown Edward Perry Kirsten Warren (appointed 12 January 2022)

Given the background from which the trustees are recruited, the trustees come to the role with a significant level of knowledge regarding the objects and aims of the charity and the related compliance work. In addition to this, the trustees gain regular updates from their professional advisors in order to keep them fully conversant with these issues.

No Trustees received remuneration during the current period. Staff remuneration is detailed in the notes to the financial statements.

Organisational Structure

At a twice yearly trustees' meeting, the trustees agree the broad strategy and areas of activity of the Charity. They consider the performance of the Charity's investments and review the risks facing the Charity. The day to day administration of the Charity is delegated to administrative staff of The Rt Hon 19th Earl of Derby DL’s Knowsley Estate.

Risk Management

The Trustees have examined the major risks facing the Charity, in particular those relating to the operations and finances of the Charity and anything that might affect the Trustees’ ability to realise their objectives. The Trustees are satisfied that systems are in place to mitigate the major risks.

Page 1

Knowsley Safari Foundation

Report of the trustees for the year ended 5 April 2022

Objectives and Activities

The objectives of the charity are set out in the Settlement Deed and are:

For the benefit of the public to promote and advance the preservation and conservation of the natural world and its biodiversity, in particular of endangered animal and plant species and their habitats, by (but not limited to): (a) educating the public about the need for conservation, the natural environment and sustainable use of natural resources in order to inspire and enable people and communities to connect with, care about protect and learn from nature; (b) carrying out and supporting research for in situ and ex situ research into (inter alia): the sustainability of natural populations and ecosystems; animal and plant health; animal husbandry and welfare; public attitudes towards and interest in conservation and sustainability; and (c) supporting conservation projects both in the UK and worldwide, both by direct management and by provision of grantis to connect communities with nature through animal based activities and various conservation projects.

The Constitution of the Charity is governed by a Trust Deed dated 19 March 2019. It is a registered charity No. 1182542 managed by Trustees. The Trustees are empowered to apply income or capital to the above objects.

In particular the policy has been to provide charitable support firstly within the areas of Cheshire, L hi M id G t M h t d C b i d dl ti ll d i t ti ll

Achievements and Performance

The financial period focussed on ‘Reclaiming Reds’ activity, a project supported by HLF (now NLHF) that aims to kickstart the long-term process of bringing back native red squirrels ( Sciurus vulgaris ) to the Knowsley Estate and surrounding areas. Work in year focussed on providing an environment where red squirrels can thrive and community engagement through activity at the safari and in the wider Knowsley community, including in schools. The grant provided funding for Reclaiming Reds ranger and community roles and the project has been supported by the kind commitment of a number of Knowsley Safari Foundation volunteers.

Additionally the Foundation supported several projects undertaken for the benefit of communities in the Liverpool City Region:

Wild and Well: The sessions focused on play and exploration in a native habitat, with the inclusion of puddle jumping and mud stations, nature crafts and story time. The experience aimed to connect children to nature and improve their wellbeing. Removing the barrier of cost and focusing on non-native species and habitats was a strategic decision to encourage accessibility to nature for those locally who may not otherwise have access. Participants 633, Children aged 4 to 6 in the borough of Knowsley. Winner of British and Irish Association of Zoos and Aquariums (BIAZA) Gold Award Education Category

Wild and Well: Spring into Adventure : An extension of the original program, Spring into Adventure focused on an older age range, allowing the to challenge themselves and have adventures in the outdoors. Activities including a natural obstacle course, den building and lunch and stories around the camp fire. Participants 281, children age 7 to 9 from the Knowsley Borough

Wellbeing through Wildlife: This program sees adult participants attend 6 sessions at the safari to use nature and the setting to improve their mental health and wellbeing and connect better with the natural world. Working with participants from social enterprise organizations such as Starting Over, Change, Grow, Live who support vulnerable adults, the wellbeing coordinator at Cowley International College and those suffering with poor mental health due to addictions. Total: 264 participants over 12 sessions.

Page 3

Knowsley Safari Foundation

Report of the trustees for the year ended 5 April 2022

Achievements and Performance Continued

Safari Squad : An afterschool program which allowed students to better understand the work of modern zoos and their work on conservation and encouraging sustainable behaviours. Participants 24 students aged 11-14 from Lord Derby Academy. Teacher feedback: ‘It was amazing to have this opportunity on our doorstep considering that most opportunities like this are further afield and are difficult for our more disadvantaged pupils to get to. Since this experience has ended, I have been inundated with requests from parents and pupils to repeat the sessions!’

Financial Review

During the year income of £52,687 (2021: £10,912) was received, arising from grant and donations.

The Trustees have used the income to support their charitable activities during the year. The total expenditure exceeded income by £20,772 (2021: expenditure exceeded income by £16,868).

The net movement in funds during the year, as shown in the statement of financial activities, amounted to a decrease of £20,772 (2021: decrease of £16,868).

Reserves Policy

It is the policy of the charity to carry sufficient reserves to cover the management and administration costs of the Trust and to respond to the needs of the Charity.

The restricted fund is to be applied specifically towards the Reclaiming Reds charitable purpose.

Trustees and their responsibilities

Under the Charities Act 2011, the Trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with the applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales 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 of the Charity for that period. In preparing these financial statements, the Trustees are required to:

Page 3

Knowsley Safari Foundation

Report of the trustees for the year ended 5 April 2022

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. They 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 on 3 February 2023

......................................

The Rt Hon 19[th] Earl of Derby DL

Page 3

Knowsley Safari Foundation

Independent examiner’s report to the trustees of the Knowsley Safari Foundation

I report to the Trustees on my examination of the accounts of the Knowsley Safari Foundation (the Charity) for the year ended 5 April 2022.

Respective Responsibilities of trustees and examiner

As the Trustees of the Charity 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 Charity’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.

Basis of independent examiner's report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner's statement

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 the Trust 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 applicable requirements concerning 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.

I 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 of the accounts to be reached.

................................. Paul Briars FCCA

Date: 3 February 2023

Knowsley Park Prescot Merseyside L34 4AG

Page 4

Knowsley Safari Foundation

Statement of financial activities For the year ended 5 April 2022

Unrestricted
Fund
Restricted
Reclaiming
Reds Fund
Notes
£
£
Incoming resources
- Grants
- Donations
12,727
39,960
Total incoming resources
3
12,727
39,960
Resources expended
- Charitable activities
4,448
65,875
- Governance costs
2,951
-
- Generating funds
185
Total resources expended
4
7,399
66,060
Net movement in funds
5,328
(26,100)
Total funds brought forward as at 6 April
2021
763
30,810
Total funds carried forward as at 5 April
2022
6,091
4,710
Total
2022
£
39,960
12,727
52,687
70,323
2,951
185
73,459
(20,772)
31,573
10,801
Total
2021
£
10,000
912
10,912
22,825
3,082
1,873
27,780
(16,868)
31,573

Page 5

Knowsley Safari Foundation

Balance sheet

As at 5 April 2022

Unrestricted
Fund
Restricted
Reclaiming
Red Fund
Notes
£
£
Fixed Assets
Intangible assets6
2,496
Tangible assets7
3,180
3,180
2,496
Current assets
Balance at bankers
53,495
Amount due to unrestricted fund
2,214
53,495
-
Current liabilities
Amount due to restricted fund
2,214
Creditors and accruals
1,514
Amounts owing to Stanley Enterprise
46,856
50,584
Assets representing Unrestricted and
Restricted Funds
6,091
4,710
Total
2022
£
2,496
3,180
5,676
53,495
2,214
55,709
2,214
1,514
46,856
50,584
10,801
Total
2021
£
3,120
3,975
7,095
30,843
27,690
58,533
27,690
3,939
2,427
34,055
31,573

The financial statements were approved by the Trustees on 3 February 2023

...................................... The Rt Hon 19[th] Earl of Derby DL

Page 6

Knowsley Safari Foundation

Notes to the accounts For the year ended 5 April 2022

1 Accounting policies

1.1 General

The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared in accordance with the accounting policies set out below, the Charities Act 2011 and 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). Exemptions available for smaller charities have been taken where appropriate.

The Charity constitutes a public benefit entity as defined by FRS102.

The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £.

1.2 Going concern

The Trustees have assessed whether there are any significant doubts about the Charity’s ability to continue as a going concern and have not identified any material uncertainties. The accounts have therefore been prepared on a going concern basis.

1.3 Reporting Period

The Charity was registered on 19 March 2019 and therefore the comparative figures in these accounts represent the period from 6 April 2021 to 5 April 2022.

1.4 Income

Income is recognised in the period in which the Charity is entitled to receipt.

1.5 Expenditure

All expenditure is included on an accruals basis.

1.6 Taxation

The Charity is a registered Charity and accordingly is exempt from taxation on its income where it is applied for charitable purposes.

1.7 Debtors

Debtors are recognised at the settlement amount due after any trade discounts offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Accrued income is recognised for donations relating to the year that are yet to be received.

Page 7

Knowsley Safari Foundation

Notes to the accounts For the year ended 5 April 2022

1 Accounting policies (continued)

1.8 Creditors

Creditors are recognised when the Charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are normally recognised at their settlement amounts.

1.9 Funds

Unrestricted funds comprise those funds which the trustees are free to use in accordance with the charitable objectives.

Restricted funds are funds that have been given for particular purposes and projects. The restricted fund must be used wholly for the “Reclaiming Reds” charitable purpose.

1.10 Intangible fixed assets

Intangible fixed assets are initially measured at cost and subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Website development 20% reducing balance

1.11 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Motor Vehicles 20% reducing balance

Page 8

Knowsley Safari Foundation

Notes to the accounts For the year ended 5 April 2022

2 Comparative statement of financial activities

Unrestricted Restricted Unrestricted Restricted
2022 2022 2021 2021
Notes £ £ £ £
Incoming resources
- Grants 39,960 - 10,000
- Donations 12,727 912 -
Total incoming resources 3 12,727 39,960 912 10,000
Resources expended
- Charitable activities 4,052 66,271 175 22,650
- Governance costs 2,951 - 267 2,815
- Generating funds 185 175 1,698
Total resources expended 4 7,003 66,456 617 27,163
Net movement in funds 5,724 (26,496) 295 (17,163)
Total funds brought forward as at 6 April
2021 763 30,810
Total funds carried forward as at 5 April
2022 6,487 4,314 763 30,810

Page 9

Knowsley Safari Foundation

Notes to the accounts For the year ended 5 April 2022

3 Incoming resources for charitable activities

Grants
Donations
Resources expended on charitable activities and support costs
Accountancy
Marketing
IT Support costs
Wages
Bank charges
Depreciation
Equipment Expenses
Sundry Expenses
2022
£
39,960
12,727
52,687
2022
£
2,951
185
258
59,446
94
1,419
4,524
4,582
73,459
2021
£
10,000
912
10,912
2021
£
2,815
925
317
17,418
92
525
4,846
842
27,780

4 Resources expended on charitable activities and support costs

5 Trustees’ expenses

No remuneration or expenses were paid to Trustees during the year.

Page 10

Knowsley Safari Foundation

Notes to the accounts For the year ended 5 April 2022

6 Intangible fixed assets

Website
development
COST
£
At 6 April 2021
Additions
Disposals
3,120
-
-
At 5 April 2022
3,120
AMORTISATION
At 6 April 2021
Additions
Disposals
-
624
-
At 5 April 2022
624
NET BOOK VALUE
At 5 April 2021
3,120
At 5 April 2022
2,496
7
Tangible fixed assets
Motor Vehicles
COST
£
At 6 April 2021
Additions
Disposals
4,500
-
-
At 5 April 2022
4,500
DEPRECIATION
At 5 April 2021
Additions
Disposals
525
795
At 5 April 2022
1,320
NET BOOK VALUE
At 6 April 2021
3,975
At 5 April 2022
3,180
Total
£
3,120
3,120
-
624
-
625
3,120
2,496
Total
£
4,500
-
525
795
1,320
3,975
3,180

Page 11

Knowsley Safari Foundation

Notes to the accounts For the year ended 5 April 2022

8 Staff Costs

Wages and salaries
Social security costs
Pension costs
Other staff costs
Total staff costs
Of which relating to key management personnel:
Wages and salaries
Social security costs
Pension costs
Other staff costs
Total
Average headcount
No employees received benefits of more than £60,000 (2021: nil).
2022
£
45,062
2,396
2,772
9,216
59,446
-
-
-
-
-
3
2021
£
15,441
778
335
864
17,418
-
-
-
-
-
-

9 Related party transactions

Costs totalling Nil (2021: £1,950) have been settled on the Charity’s behalf by Stanley Enterprise, the sole trade of one of the Trustees. At 5 April 2022, £46,856 (2021:£2,427) is owed to Stanley Enterprise. This balance is unsecured, interest free and repayable on demand.

Page 12