RECLAIMING REDS KNOWSLEY Knowsley Safarl Foundation Unaudited financial statements for the year ended 5 April 2024 Registered Charity No: 1182542
Knowsley Salari Foundatlon Bussness information Charity registration number 1182542 Trustees The Rt Hon 19, Earl of Derby DL Andrew McKeown Edward Perrv Kirsten Warren Business address Knowsley Safari Park Knowsley Park Prescot Merseyside L34 4AN Accountants Saffery LLP Westpoint Peterborough Business Park Lynch Wood, Peterborough PE2 6FZ Sollcltors Boodle Haifield 6 Worcester Street Oxford Oxfordshire OXI 28X
Knowsley Safari Foundation Contents Page Report of the Trustees Independent examiner's report statement of financlal actlvitles Balance sheet Notes to the accounts 7-12
Knowsley Safari Foundatlon Report of the Trustees for the yèar ended 5 April 2024 Introductlon The Truslees present their report 2nd financial statements for the Knowsley Safari Foundation (the Charity) for the year ended 5 April 2024. The financial statements have been prepared in accordance with the accounting policies set out in the notes to the financial 5tètements and comply wlth the Charity's Con5tltut1on, dated 19 March 2019, and applicable law. The charitv 15 a registered charitvi number 11&2542. Structure. Governance and Management Governing Document The Charity is a Charitable Incorporated Organisation ICIOI. It was registered on 19 March 2019 with the Charity Commisslon and is governed by its Constitutlon dated 19 March 2019, The charity W35 established by The Rt Hon The 19th Earl of Derby DL with an init181 sum of EIOO to be held and applied by the trustees for general charitable purposes. Recruitment, Appointment and TroinFng of Trustees The Charity's Con5tltution Eave the power to appoint new trustees to the original gettlor, The Rt Hon The 19th Earl of Derby DL, during his lifetimè. 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 v@ar were: th The Rt Hon 19 Earl of Derby DL Andrew McKÉown Edwird Perry Kirsten Warren Given the background from which the trustees are recruited, the tru5tee5 come to the role with a signlficant 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 dsJring the current period. Staff remuneration 15 detailed in the notes to the financial statements. OroonisationJlStructure At a twlce yearly trustees, meeting, the trustees agree the broad strateEY and areas of activity of the Charity. They consider the performance of the Charity's investments and review the risks facing the Charlty. The day to day administratton of the Charity is delegated to administrative staff of TFie Rt Hon 19th Earl of Derby DL'S Know51ey Estate. Risk Monagement The Trustees have exarllined the major risksfacing the Charity, in particular those reléting to the operations and finances of the Ch3rity and anythlng that might affect the Trustees, ability to realise their objectives. The Trustees are satisfied that systems are in place to mitigate the major risks. Pa8e I
Knowsley Safarl Foundation Report of the trustee5 for the year ended 5 Aprll 2024 Obje¢tives and Activities The objectives of the charity are set out in the Settlement Deed and are.. For the benefit of the public lo promote and 3dvance the preservation and conserv3tion of the natural world and its biodiversity, in partiCLJ13r of endangered animal and plant species and their habitats, by Ibut not limited tol.. lal edutating the public about the need for conservation, the natural environment and sustainable use of natural resources in order to inspire and enab5e people and communitie5 to connect with, care abouti protect and learn from nature- Ibl carrying out and supporting resèarch far in situ and ex situ research into linter alial.. 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 Icl 5UPPOrting cpnservatlon projects both in the UK and worldwide, both by direct management and by provision of grants 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 règistered charity No. 1182542 managed by Trustees. The Trustee5 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, Lancashire, Mer5eyside, Greater Manchester and Cumbria and secondly, nationally and intern3tionally. When planning activitie5 for the period, the Trustees have consldered the Charity Commission'5 guidance on public benefit. Achièvements and Performance During the year, the initial phasè and grant-funded activities of the Recloimlng Reds project, SUPPOrted by the Heritage Lottery Fund (now the National Lottery Heritage Fund), successfully ¢oncluded. The last member of the project team dèp2rted in October 2023, and the project is currently on hiatus while new funding opportunities are explored. Encouragingly, a red squlrrel has been spotted on the Knowsl@v Estste and captured on film clear evidence of the success of the work undertaken so far. The project has always been recognised as a long- lerm init13tive to restore the native red squirrel Isciurus vulgarisl population to the Kjowsley Estate xnd surrounding areas. The progress made to date has contributed significantly to creating an environment in which red squirrels can thrive, offering a promising outlook for the future, Revenue contlnues to be generated primarily through voluntary donations. Notably, during the year, the Foundation received a major bequest from a loial resident, Mr Allan Richardson, who generously included the charity in his will. His donation will be disbursed in two instalments.. an initial payment of £15,090 in 2024, with the remaining balance to be received once the estate has tompleted probate and final distributions have been made. Page 3
Knowsley 5atari Foundatlon Report of the trustees for the year ended 5 April 2024 Financial Revlew During the ye81 income of £25,31012023., £18,5871 was recelved, arising from grants and donations. The Trvstees have usèd the income to support their charitable activitie5 during the year. The total income exceeded expenditure by £24,29912023.' expenditure exceedÈd income by É21,4901. The net movement in funds during the year, as shown in the statement of financial activities, amounted to an increase of £24,29912022.. decrease of £21,490). Reserves Policy It is the policy of the charity to carry sufficient reserves to cover the management and administration cost5 of the Trust and to respond to the needs of the Charity. The restricted fund is to be applied specifically towards the Reclaiming Reds charitab5e purpose. Trustees and their responslbllltles Under the Charities Act 2011, the Trustees are re5pon5ible for preparing the Trustees, Report and the financial statements in accordance with the applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accourstin8 Practi¢el. The law applicable to charities in England and Wale5 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 resource5 and application of resources of the Charity for that period. In preparing these finèncial statements, the Trustees are required to.. select suitable accounting Eiolicies and then apply them consistentlv,. observe the methods 3nd principles in the Charitie5 SORP IFRS 1021,. make judgements and estimates that are reasonable and prudent; state whether applicable accounting standard5 have been followed, subject to any méterial departures disclused and explained in the financial statements,. and prepare the financial statements on the going £oncern basis unless it is inappropriate to presume that the ChaTity will continue in business. The Trustees are responsible for keeping proper accounting records that disclose with rebsonable accuracy at any time the financial position of the Charity and enable them to ensure that the financlal statements comply with the Charities Act 2011. They are aSs0 responsible for safeguarding the a55ets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud ancl other irregularities. Page 3
Knowsley Safari Foundatlon Report of the trustees for the year ended 5 Aprll 2024 Approved for and behalf of the Trustees on 30, Jantjary 2025 The Rt Hon 19, Earl of Derby DL Page 3
Knowsley Safayl Foundatlon Independent examiner's report to the trustees of the Knowsley Safari Foundation I report to the Tru5tee5 on my examination of the accounts of the Knowsley Safari Foundation (the Charity) for the year ended 5 April 2024. Respe¢tive Responsibilitles of trusteos and examlner As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requ5r@ments of the Charities Act 20111'the Act'l. 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 followcd all the applicable Directions given by the Charitv Commission under section 14515llbl of the Act. Basis of independent emaminer'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 dlsclosures in the account5, and seeking Èxplanation5 from you as trustee5 concerning any such matters. The procèdures undertaken do not provide all thÈ evidence that would be required in an audit and consequently no opinion is given a5 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 examlner'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.. l. 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 8pplicab1e 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 Èxamination. 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. Paula Briars FCCA Knowsley Park Pre5COt Mer5eyside L34 4AG Date.. 30 January 2025 Page 4
Knowsley Safari Foundation Statement uf flnancial activltles For the year ended 5 April 2024 Unrestricted Fund Restricted Reclaiming Reds Fund Total 2024 Total 2023 Notes Incoming iesources Grants Donations 8,208 10,379 25,310 25,310 Total incoming resource5 25,310 25,310 18,587 Resources expended Charitable activities Governance costs Generatln8 funds 37,516 2,070 491 618 618 398 393 Total resource5 expended I,oii I,oii 40,077 Net mov¢ment in funds 24,299 24.299 121,4901 Total funds brought fonard as at 6 Aprll 2023 9,619 120,3491 110,7301 10,760 Total funds carried forward as at 5 Aprll 2024 33,918 120,3491 13,569 110,7301 Page 5
Knowsley Safari Foundation Balance sheet As at 5 April 2024 Unrestricted Restrl¢ted Fund Reclaiming Red Fund Total 2024 Total 2023 Notes Fixed Assets Intangible assets Tangible assets 1,571 1,571 1,964 1,571 1,571 1,964 Current assets Balance at bank Debtors and prepayments Amount due to unrestricted fund 17,775 8,758 17,775 8,758 5,020 8,758 26,532 26,532 13,778 Current liabilities Amount due to restricted fund Creditor5 and accruals Amounts owing to Stanley Enterprise 14,535 14,535 26,472 14,657 14,657 26,472 Assets representing Unrestylcted and Restrlcted Funds 13,569 13,569 110,7301 The financial statements were approved by the Trustees on 30 January 2025 The Rt Hon 19, Earl of Derby DL Page 6
Knowsley Safarl Foundation Notes to the accounts For the year ended 5 April 2024 Accounting policies 1.1 General The financial statements have been prepared under the historical cost convention. The financlal statements have been prepared in accordance with the accounting policies set out below, the Charities Act 2011 and Actounting and Reporting by charities.. Statement of Recommended Practlce applicable to Charities preparing their actounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. Exemptions available for smaller charities havè been taken where appropriate. The Charity CQn5titutes a public benefit entity as defined by FRSIO2. 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 Charittys ability to contSnue 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 Perlod The Charity Wa5 registered on 19 March 2019 and therefore the comparative figures in these accounts represent the period from 6 April 2023 to 5 April 2024. 1.4 Income Income is recognised in the period in which the Charity is entitlèd to receipt. 1.5 Expenditure All expenditure is included on an accruals basis. 1.6 Tamatlon The Ch3TIty 15 a registered Charity and accordingly is exempt from taxation on its income where it is applied for charitable pu¥poses. 1.7 Debtors Debtors are recoEnised 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 recogni5ed for donations relating to the year that are yet to be received. Page 7
Knowsley Safari Foundation Note5 to the accounts For the year ended 5 April 2024 Accounting policies Icontlnuedl 1.8 Creditors Creditors are recogni5ed when the Charity has 3 present obligation resulting from a p3St 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 fund5 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 amorti53tion and accumulated impairment losses. Amortisation 15 recognised so as to write off the cost or valuation of assets less their residual values over their useful live5 on the following b3ses: Website development 20% reducinB balance 1.11 Tangible fixed assets Tangible flxed assets are initially measured at cost and subsequently measured at cost or valu3tion, 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 thelr useful lives on the following bases.. Motor Vehicles non remaining 20Yo reducing balance Page 8
Knowsley Safari Foundatlon Notes to the accounts For the year ended 5 April 2024 Comparative statement of flnan¢ial activities Unrestricted 2024 Restricted Unrestricted 2024 2023 Restricted 2023 Notes Incoming resouttes Grants Donatlons 8,208 loo 25,310 10,279 Total incoming resources 10,279 8,308 Resources expended Charilable activities Governance costs Generating funds 6,780 2,062 31,276 618 398 Total resources expended I,oii 8,842 31,276 Net movement In funds 24,299 1.437 122,9681 Total funds brought forward as at 6 April 2023 9.619 120,3491 8,182 2,619 Total funds carried forward as at 5 April 2024 33,918 120,3491 9,619 120,349 Page 9
Knowsley Safari Foundation Notes to the accounts For the year endtrd S April 20Z4 In¢oming resources for charitable adivities 2024 2023 Grants 8,208 10,379 Donations 25,310 25,310 18,587 Resources expended on charitable activlties and suppoyt costs 2024 2023 Accountancy Marketing IT Support cost5 Wages Bank charges Depreciation Equipment Expenses Sundry Expenses Donation to Wild Camels Protection Foundatior¥ 450 2,070 1,404 25,990 95 491 5,127 1,900 3,lY)O 91 393 24 53 I,oii 40,077 Trustees, expenses No remuneration or expenses were paid to Trustees durlng the year. Page 10
Knowsley Safarl Foundatlon Notes to the accounts For the year ended S April 2024 Intangible flxed assets Webslte development Total COST At 6 April 2023 Additions Disposals At 5 April 2024 3,120 3,120 3.120 3,120 AMORTISATION At 6 April 2023 Additions Disposals 1,156 393 1,156 393 At 5 April 2024 1,549 1549 NET BOOK VALUE At 5 April 2023 At S Aprll 2024 1,964 1.571 1,964 1,571 Tangible fixed assets Motor Vehicles Total COST At 6 April 2023 Additions Disposals At 5 April 2024 DEPRECIATION At 5 April 2023 Additions Dispos31s At 5 April 2024 NET BOOKVALUE At 6 April 2023 At 5 April 2024 Page 11
Knowsley Safari Foundatlon Notes to the accounts For the year ended 5 April 2024 stsff Costs 2024 2023 Wages and s8laries Social security costs Pension costs Other staff costs 25,053 428 510 15 Total staff costs 26,006 Of which relating to key management personnel.. Wages and salaries Social SrItY costs Pension costs Other Staff costs Total Average headcount No employees received benefits of more than £60,00012023.' nill. Related party transactions Costs totalling Nil12023..Nill have been settled on the Charity's behalf by Stanley Enterprise, a partnership of one of the Trustees, or Stanley Estate and Stud Company, the sole trade of the same Trustee. At 5 April 2024, £14,53512023'. £26,472) is owed to Stanley Enterprise. This balance is unsecured, interest free and repayable on demand. PaEe12