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2021-12-31-accounts

DocuSign Envelope ID: 0EEA6147-9D89-481C-917B-2A71B96C1067

Trustees Report and Financial Statements for the year to 31[st] December 2021

Charity number: 1187172

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DocuSign Envelope ID: 0EEA6147-9D89-481C-917B-2A71B96C1067

Curlew Action Trustees' Annual Report for the year to 31[st] December 2021

CONTENTS

Page

  1. Reference and Administrative Information

  2. Structure, Governance and Management

  3. Objects and Activities

  4. Achievements and Performance

  5. Financial Review

  6. Statement of Responsibilities of Trustees

  7. Independent Examiner's Report

  8. Statement of Financial Activities

  9. Balance Sheet

  10. Notes to the Accounts

Charity name: Curlew Action Charity registration number: 1187172 Registered Office and Operational Address: 1 Somerset St, Bristol BS2 8NB

Trustees 2021

Roger Morgan-Grenville Rory Wilson (appointed 25[th] October 2021) Timothy Guilford Alison Steele Michael Smart

Structure, Governance and Management

The organisation is a Charitable Incorporated Organisation, incorporated and registered as a charity on 31[st] December 2019. Its governing document is the Constitution dated 31[st] December 2019.

Recruitment and Appointment of Trustees

Trustees are appointed by a resolution passed at Trustees' Meetings. In selecting individuals for appointment as charity trustees, the charity trustees have regard to the skills, knowledge and experience needed for the effective administration of the CIO.

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DocuSign Envelope ID: 0EEA6147-9D89-481C-917B-2A71B96C1067

Objects and Activities

Charitable Objects

  1. To advance the conservation of wildlife for the public benefit, in particular the Eurasian Curlew and other endangered wader and wetland species and their habitats in the UK and elsewhere, through events, campaigns, projects, talks, advocacy and the development of written and other resources designed to facilitate work for Curlew conservation worldwide.

  2. To advance the education of the public in natural history with the aim of promoting a more informed understanding of the natural world.

Public Benefit

The charity provides public benefit as described in the Charitable Objects above. The specific activities during the year that facilitated this are described below. The Trustees have read and had regard to the Charity Commission’s guidance on public benefit.

Achievements and Performance

The principal activities during the year were as follows:

Financial Review

The accounts for the period show a surplus of £9,311 on unrestricted funds (2020 £4,004). Budgeted expenditure is determined by the income available for the year, therefore the Trustees are satisfied that the charity remains a going concern.

Reserves Policy

The trustees have established a policy whereby the unrestricted cash funds should be at least six months of resources expended, which equates to around £24,000. At the balance sheet date free reserves amounted to £26,605 (2020 £17,294), therefore the charity’s level of reserves is in excess of the target figure.

[3]

DocuSign Envelope ID: 0EEA6147-9D89-481C-917B-2A71B96C1067

Curlew Action Statement of Responsibilities of the Trustees

Trustees are required to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and the incoming resources and application of resources, including the net income or expenditure, of the charitable company for the year. In preparing those financial statements the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with the Charities Act 2011 and the applicable Charities (Accounts and Reports) Regulations.

The trustees 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. The trustees confirm that to the best of their knowledge there is no information relevant to the Independent Examination of which the Examiner is unaware.

The trustees also confirm that they have taken all necessary steps to ensure that they themselves are aware of all relevant financial information and that this information has been communicated to the Examiner.

The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.

Approved by the trustees on 17[th] November 2022 and signed on their behalf by:

………………………………………………………… Roger Morgan-Grenville, Trustee

………………………………………………………… Rory Wilson, Trustee

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DocuSign Envelope ID: 0EEA6147-9D89-481C-917B-2A71B96C1067

Independent examiner's report to the trustees of Curlew Action

I report to the charity trustees on my examination of the accounts of the charity for the year ending 31[st] December 2021, which are set out on pages 6 to 11.

Respective responsibilities of trustees and examiner

As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the Charities Act).

Having satisfied myself that the accounts of the Company are not required to be audited under section 144 of the Charities Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the Charities Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the charity as required by the Charities Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of the Charities Act 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; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

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.

………………............................................................................ 18[th] November 2022

Rupert Taylor Easton Business Centre, Felix Road Bristol BS5 0HE

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DocuSign Envelope ID: 0EEA6147-9D89-481C-917B-2A71B96C1067

Curlew Action Statement of Financial Activities (incorporating Income & Expenditure Account) Year to 31st December 2021

Year to Year to Year to Year to
31/12/2021 31/12/2021 31/12/2021 31/12/2020
Unrestricted Restricted Total funds [All
unrestricted]
Notes £ £ £ £
Income:
Grants and donations [2] 53,136 9,620 62,756 30,501
Charitable activities [3] 3,901 - 3,901 4,731
----------- ----------- --------------- ---------------
Total Income 57,037 9,620 66,657 35,232
Expenditure:
Fundraising costs 3,094 - 3,094 1,040
Charitable activities [4] 44,633 - 44,633 30,188
----------- ----------- --------------- ---------------
Total Expenditure 47,726 - 47,726 31,228
----------- ----------- --------------- ---------------
Net Income / (Expenditure) 9,311 9,620 18,931 4,004
Transfers between funds [8] - - - -
----------- ----------- --------------- ---------------
Net Movement in Funds 9,311 9,620 18,931 4,004
Total funds brought forward 17,294 - 17,294 13,289
----------- ----------- --------------- ---------------
Total funds carried forward 26,605 9,620 36,225 17,294

[6]

DocuSign Envelope ID: 0EEA6147-9D89-481C-917B-2A71B96C1067

Curlew Action Balance Sheet As at 31st December 2021

Charity registration number: 1187172

2021 2020
Notes £ £
Fixed Assets [5] - -
Current Assets
Debtors and prepayments [6] - -
Cash at bank and on hand 37,005 17,294
--------------- ---------------
37,005 17,294
Current Liabilities
Creditors and accruals [7] 780 -
--------------- ---------------
Net Current Assets 36,225 17,294
--------------- ---------------
Net Assets 36,225 17,294
The funds of the charity:
Unrestricted funds:
General funds [8] 26,605 17,294
Designated funds [8] - -
Restricted funds: 9,620 -
--------------- ---------------
36,225 17,294

Approved by the trustees on 17th November 2022 and signed on their behalf by:

……………………………………………… ……………………………………………… Roger Morgan-Grenville Rory Wilson Trustee Trustee

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DocuSign Envelope ID: 0EEA6147-9D89-481C-917B-2A71B96C1067

Curlew Action Notes to the Accounts Year to 31st December 2021

[1] Principal Accounting Policies

The principal accounting policies adopted in the preparation of the financial statements are set out below.

(a)
(b)
(c)
(d)
(e)
(f)
(g)
(h)
(i)
(j)
Basis of preparation
The financial statements have been prepared in accordance with the 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) (effective 1 January 2015),
as amended by Update Bulletin 1 issued on 2nd February 2016, and the Charities Act 2011.
Curlew Action meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially
recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
Preparation of the accounts on a going concern basis
The charity's balance sheet at 31st December 2021 is in surplus, and expenditure is only incurred after funding
has been secured. Therefore the trustees are satisfied that the charity is a going concern on an ongoing basis.
Income
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the
items of income have been met, it is probable that the income will be received and the amount can be measured
reliably.
Income from grants is recognised when the charity has entitlement to the funds, any performance conditions
attached to the grants have been met, it is probable that the income will be received and the amount can be
measured reliably and is not deferred.
Income received in advance of activities is deferred until the criteria for income recognition have been met.
Donated services and facilities
Donated professional services and facilities are recognised as income when the charity has control over the item,
any conditions associated with the donated item have been met, the receipt of economic benefit from the use by
the charity is probable and that economic benefit can be measured reliably. There were no such donations during
the year in question. In accordance with the Charities SORP (FRS 102), the general volunteer time of trustees and
volunteers is not recognised with any monetary value.
Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the
charity; this is normally upon notification of the interest paid or payable by the Bank.
Fund Accounting
[i] Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives
of the charity.
[ii] Designated funds are unrestricted funds set aside by the Management Committee for particular purposes.
[iii] Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms
of an appeal.
Expenditure
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is
probable that settlement will be required and the amount of the obligation can be measured reliably. As the charity
is not registered for VAT, all VAT on expenditure is charged as a cost against the activity for which the
expenditure was incurred. Expenditure is classified under the following activity headings:
[i] Fundraising costs comprise the costs associated with attracting voluntary income and the costs of trading
for fundraising purposes.
[ii] Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and
services for its beneficiaries. It includes both costs that can be allocated directly to such activities, and those
costs of an indirect nature necessary to support them.
[iii] Other expenditure represents those items not falling into any other heading. There were no such costs during
the year in question.
Allocation of support costs
Support costs are those functions that assist the work of the charity but do not directly undertake charitable
activities. These include office costs, finance, personnel, payroll and governance costs which support the
charity's charitable activities.
Taxation
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section
252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
Fixed Assets
Tangible fixed assets are written off over the expected useful life of the asset, at 25% per annum on the reducing
balance method. Individual items costing less than £500 are not treated as fixed assets.

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DocuSign Envelope ID: 0EEA6147-9D89-481C-917B-2A71B96C1067

Curlew Action Notes to the Accounts (continued) Year to 31st December 2021

(k) Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered.

(l) Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the account.

(m) Creditors

Creditors are recognised where 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 amount after allowing for any trade discounts due.

[2]
[3]
Income from grants and donations
2021
2021
2021
2020
Unrestricted
Restricted
Total
Total
[all unrestricted]
£
£
£
£
Trusts and foundations
3,000
9,620
12,620
10,900
Individual donations
50,136
-
50,136
19,601
-----------
-----------
---------------
---------------
53,136
9,620
62,756
30,501
Income from charitable activities
2021
2021
2021
2020
Unrestricted
Restricted
Total
Total
[all unrestricted]
£
£
£
£
Sales
3,901
-
3,901
4,731
-----------
-----------
---------------
---------------
3,901
-
3,901
4,731

The charity received no government grants during the year (2020 nil).

[9]

DocuSign Envelope ID: 0EEA6147-9D89-481C-917B-2A71B96C1067

Curlew Action Notes to the Accounts (continued) Year to 31st December 2021

[4] Analysis of expenditure on charitable activities
Total
Total
2021
2020
£
£
Direct costs:
Charitable donation
3,500
54
Freelance fees
24,185
22,188
Printing
3,297
420
Costs of merchandise
1,561
2,470
Marketing and publicity
29
-
Travel
1,479
738
Training and conference
237
-
Website and IT costs
3,267
2,496
---------------
---------------
37,555
28,366
Support costs:
Bank charges
426
-
Management and administration fees
5,000
80
Postage and stationery
502
11
Accountancy
888
-
Fee for independent examination
192
-
Subscriptions
60
-
Sundry expenses
10
1,731
Depreciation
-
-
---------------
---------------
Total Support Costs
7,078
1,822
---------------
---------------
Total Expenditure
44,633
30,188

As the charity only undertook one area of activity during the period, support costs have not been apportioned.

[5]
[6]
Tangible Fixed Assets
2021
2020
Equipment
Equipment
Cost
£
£
Opening balance
-
-
Additions during the year
-
-
---------------
---------------
-
-
Depreciation
Opening balance
-
-
Charge for the year
-
-
---------------
---------------
-
-
---------------
---------------
Net Book Value:
-
-
Debtors and prepayments
2021
2020
£
£
Sundry debtors
-
-
---------------
---------------
-
-

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DocuSign Envelope ID: 0EEA6147-9D89-481C-917B-2A71B96C1067

Curlew Action Notes to the Accounts (continued) Year to 31st December 2021

[7]
[8]
Creditors
2021
2020
Amounts due within 12 months:
£
£
Accruals
780
-
---------------
---------------
780
-
Movements in funds
Balance at
Transfers
Balance at
01/01/2021
Income Expenditure
between 31/12/2021
funds
Restricted funds:
Oakdale Trust
-
2,000
-
-
2,000
The Grocer's Charity
-
4,000
-
-
4,000
Norman Family Charitable Trust
-
620
-
-
620
PF Charitable Trust
-
3,000
-
-
3,000
---------------
---------------
---------------
---------------
---------------
Total Restricted Funds:
-
9,620
-
-
9,620
Unrestricted Funds:
General Funds
17,294
57,037
(47,726)
-
26,605
---------------
---------------
---------------
---------------
---------------
Total Unrestricted Funds:
17,294
57,037
(47,726)
-
26,605
---------------
---------------
---------------
---------------
---------------
Total Funds:
17,294
66,657
(47,726)
-
36,225
Movements in funds
Balance at
Transfers
Balance at
Previous year comparison
01/01/2020
Income Expenditure
between 31/12/2020
funds
Unrestricted Funds:
General Funds
13,289
35,232
(31,228)
-
17,294
---------------
---------------
---------------
---------------
---------------
Total Unrestricted Funds:
13,289
35,232
(31,228)
-
17,294
---------------
---------------
---------------
---------------
---------------
Total Funds:
13,289
35,232
(31,228)
-
17,294

Purposes of Restricted Funds:

The Oakdale Trust grant is to support conservation of curlews in Wales. The Grocers' Charity grant supports the development and delivery of a fieldworker's toolkit. The Norman Family grant is to provide protection for curlew nests in Devon and Somerset. The PF Charitable Trust grant funds outreach activities to spread awareness and recruit volunteers.

[9] Payments to trustees and related party transactions

No trustees received remuneration during the year.

One trustee received payments totalling £326 (2020 £2,607 to one trustee). These were all reimbursements of costs incurred in fulfilment of the charity's objects.

There were no other related party transactions during the year.

[10] Staff costs

The charity employed no staff during the year. The key management personnel of the charity are the trustees. No employee benefits were paid to the key management personnel during the year.

[11]