|||**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||**From**|Period start date||||||**To**|Period end date||||||||| ||||Day
11|Month
03|||Year
2020|||Day
31|Month
03||||Year
2021|||| |||||||||||||||||||| |Section A|||Reference and administration details|||||||||||||||| |||||||||||||||||||| |||**Charity name**||||**Metamorphosis Foundation**||||||||||||| |||||||||||||||||||| |**Other names charity is known by**||||||||||||||||||| |||||||||||||||||||| |**Registered charity number (if any)**||||||1188495||||||||||||| |||||||||||||||||||| |**Charity's principal address**||||||The Limes, 246 Melton Road||||||||||||| |||||||Edwalton||||||||||||| |||||||Nottingham||||||||||||| |||||||**Postcode**|||||||**NG12 4AG**|||||| |||||||||||||||||||| |**Names of the charity trustees who manage the charity**
**Trustee name**
**Office (if any)**
**Dates acted if not for**
**whole year**
1 Simon Thornton
Chairman
Full Year
2 Susie Thornton
Full Year
3 Neil Rotherham
Full Year||||||||||||||**Name of person (or body) entitled**
**to appoint trustee (if any)**||||| |||||||||||||||||||| |1
2
3||||||||||||||||||| |||||||||||||||||||| |||||||||||||||||||| |||||||||||||||||||| ||**Names of the trustees for the charity, if any, (for example, any custodian trustees)**|||||||||||||||||| ||**Name**|||||||**Dates acted if not for whole year**||||||||||| |||||||||||||||||||| |||||||||||||||||||| |||||||||||||||||||| |||||||||||||||||||| |||||||||||||||||||| |||||||||||||||||||| March **2012** **TAR** 1 ## **Names and addresses of advisers (Optional information)** **Type of adviser** **Name** **Address** ## **Name of chief executive or names of senior staff members (Optional information)** ## **Section B Structure, governance and management** ## **Description of the charity’s trusts** Type of governing document CIO Constitutioin (eg. trust deed, constitution) How the charity is constituted Trust - (eg. trust, association, company) Trustee selection methods Appointed by the trustees - (eg. appointed by, elected by) ## **Additional governance issues (Optional information)** You **may choose** to include additional information, where relevant, about: - policies and procedures adopted for the induction and training of trustees; - the charity’s organisational structure and any wider network with which the charity works; - relationship with any related parties; - trustees’ consideration of major risks and the system and procedures to manage them. ## **Section C Objectives and activities** **Summary of the objects of the charity set out in its governing document** 1. To promote for the benefit of the public the conservation, protection and improvement of the physical and natural environment. 2. The relief of those in need by reason of financial hardship or other disadvantage through the provision of grants, goods or services towards training and professional development opportunities. March **2012** **TAR** 2 _Nottinghamshire Wildlife Trust [CC no. 224168]_ Nottinghamshire Wildlife Trust is the leading wildlife conservation charity working to protect and enhance the wildlife and habitats of Nottinghamshire. Funding was provided to support the reintroduction of Beavers to the county some 400+ years after they were hunted to extinction. Public benefit from this project comes through NWT’s work managing nature reserves, engaging, advising, inspiring and educating people to create a richer natural world for present and future generations. _Penrith District Red Squirrel Group {CC no. 1117418}_ Funding was provided to support the charity’s works to conserve red squirrels by feeding, improving habitat and advising on timing of timber operations to avoid the breeding season. Public Benefit for this project arises from conserving and hopefully preserving an endemic species currently under huge threat which will hopefully survive for future generations to enjoy. _David Sheldrick Wildlife Trust [CC no. 1103836]_ Funding was provided to support the charity’s work for the protection and preservation of wildlife and habitats in Kenya, including antipoaching, community support, mobile veterinary support and wild orphan rescue and rehabilitation [mostly elephants, but many different species are rescued and supported]. DSWT is a UK registered charity but in addition two of the trustees are regular donors, have several adopted orphan elephants & have visited the charity’s sites in Kenya so are reassured re governance & risk **Summary of the main activities** management issues. **undertaken for the public** In terms of public benefit the key elements here are the protection and **benefit in relation to these** enhancement of the environment and wildlife for future generations, **objects (include within this section the statutory** _Wildlife Vets International [CC no. 1109670]_ **declaration that trustees have** Wildlife Vets International exists to apply specialist veterinary expertise **had regard to the guidance** to animal conservation projects, worldwide. Funding was provided to **issued by the Charity** support training of local vets and field biologists, undertake research, **Commission on public benefit)** investigate disease, assist with project planning and work in conjunction with NGOs and local communities to promote the conservation of rare and endangered species and their habitats. The public benefit arises from assisting with the conservation of rare and endangered species and their habitats worldwide, in particular, but not exclusively, by the provision of veterinary services. March **2012** **TAR** 3 **Additional details of objectives and activities (Optional information)** - **Grant strategy in light of Covid restrictions** . The trustees had originally envisaged that they would be travelling to potential grant receiving entities & assessing them individually before awarding grants. The charity was registered in March 2020 which essentially coincided with the first of the UK Covid lockdowns & associated travel bans preventing overseas travel [especially to Southern Africa]. With timelines uncertain, the trustees initially adopted a “wait & see” policy, hoping for an early return to normality. However, in February 2021 with the UK in a third lockdown & still no international travel permitted the trustees discussed the need for a different approach. In part this was driven by awareness that with the collapse of tourism across the world, conservation initiatives [which are largely supported by tourism] were under huge pressure. The trustees therefore agreed to focus initial charity efforts on supporting already - You **may choose** to include established charities and organisations which broadly shared further statements, where Metamorphosis’ objectives but were able to directly & relevant, about: immediately help conservation efforts “on the ground”. Four UK • policy on grantmaking; based charities were identified for initial grants. It was agreed • that this action was in the best interests of the charity as it policy programme related investment; enabled the charity to start awarding grants compliant with its - • objects at a time of incredible need in the conservation sector. contribution made by volunteers. This simultaneously ensured that the charity’s activities also addressed it’s public benefit responsibilities. ## Section D Achievements and performance March **2012** **TAR** 4 Section D Achievements and performance **Summary of the main achievements of the charity during the year** Metamorphosis Foundation’s initial registration coincided with the start of the Covid pandemic so initial activity was concerned with setting up the **administrative structures and systems** needed for the charity’s operations, namely: 1. Setting up a charity Bank Account 2. Registering with HMRC for Gift Aid 3. Establishing email addresses & web domains 4. Securing initial donations for the charity’s operations Initial trustee meetings [held by Zoom rather than in person] were also used to **orientate the trustees with their roles & responsibilities.** As alluded to in the section above (and driven by the difficulties surrounding the pandemic) the trustees reviewed the **grant making policy** which was eventually finalised in early March 2020 in time to make several initial grants within the charity “year”. Initial feedback from the Charity Commission had highlighted the potential difficulties with making grants to individuals. Accepting these difficulties it was agreed to limit grants to existing organisations and charities [this can obviously be reviewed as the charity gains experience). Feedback from the charity Commission had also suggested that thought was given to the **appointment of additional trustees** . The trustees were supportive and discussed gaps in their range of skills which in the future would need to be addressed. However, given the relatively limited activity of the charity because of Covid restriction it was not felt necessary to appoint further trustees immediately. The trustees also investigated the possibility of offering financial support to the Mundulea Nature Reserve, Namibia. Mundulea was established over 20 years ago by Bruno Nebe [a former National Geographic photojournalist] who purchased 120 square kilometres of run down farmland with a view to restoring the flora & fauna in the unique Karstveld Biosphere of northern Namibia near Otavi. Since then Mundulea has developed as as one of Namibia’s flagship eco-restoration/rewilding projects, recognised for its commitment to ecological integrity and environmentally sustainable practices. Potential Public benefit arises here from the protection and enhancement of the environment and wildlife for future generations - an ecosystem that is unique in many ways. The wider potential is that Mundulea provides a model for other rewinding/conservation projects elsewhere in Africa and further afield, so multiplying the potential public benefit. However the trustees were very cognisant of the challenges offering **funding to non-charity organisations** [especially those overseas] The trustees carefully considered the Charity Commission’s guidance on this, conducted a detailed risk assessment & sought additional reassurances from Mundulea before any decision about funding was made. Two of the trustees visited the reserve in early 2020 (& have a further visit scheduled for early 2022) which will assist with assessing governance & risk management issues. ## **Section E Financial review** **Brief statement of the charity’s policy on reserves** The charity holds a minimum of £5000 reserves March **2012** **TAR** 5 Dotails of any funds materlally None In deficit Further financial review details {Optlonal infomiatlon) The charity's principal source of funds has been donations from individuals which to date have all been unrestricted. These have been supplemented wilh Gift Aid re￿ip1S You may choose to include additional information, where relevant aboLrt'. the charity's principal sources of funds (including any fundraising)., how expenditure has supported the key objectivès ofthe charity., investment policy and objectives including any ethical investment policy adopted. Due to the problems relating to the Covid pandemic. th8 abilty of the trustees to assess potential projects has been limited so there has only been modest fund distnbution. The charity has limited overheads Ibank chargesl though there were some initial legal and IT costs setting up the charity. The charity only has a bank account and makes no investments. Section F Other optional information Section G Declaration The trustees declare that th¥y have approved the trusteo8' report abovo. Slgned on behalf of the charlty'8 trustee Slgnaturnls sa Full namo(s) | T I rtQqATo EIL 197l*kÉk7AvL Posltion log Socrotary• ' Chair, atcl Ch¢XiI Date TAR Marth 2012 CHARITY COMMISSIO FOR ENGLAND AND WALES Metamo￿hoSls Foundation Receipts and payments accounts CC16a For th• p•rtod from To 11 Marth 2020 31 March 2021 Section A Recei ts and ments Unre8trieted fund• R￿triCt+￿ fund• Endowment lund• to Ih £ Total fund8 Last year to the n•arHtÉ toth• noat••t £ l(tlh• nure•t£ A1 R•¢•1 t• D￿atsL￿s 199.IMO 49.750 191,OOD 49,710 GfftAid Sub total(Gmss income forAR) 24B,710 248.700 A2 A•••t and Inv••tm•nt I•1￿, i•• tabl• . Sub total Total rncelpts 248,710 A3 PAym•nts Legal fee5 foi lei up IT 1oèB.damain Teg1slral￿￿ernall lat up 88nk Cthrge$.Unity TIu&i Ban Gr•N-Wiiaiilo V8w Int•m•tional GraN-Nottinqh•rn*hir• IN￿111• Trut Gran1.T￿ SThektn¢k Tty81 GTanl.Pennitt & Rea GrLW 72 72 Sub lotal A4 A•ut *nd Sn¥￿tm•ftt purcha•o•. t•bl•l Sub total Net olrecelpts/(paym•ntsJ AB Tran8f•rn b•t*wn fun(l• A6 Ci•h fund• last yoar •nd Cash funds this y••rend 230.002 Section 8 Ststement of assets and liabilities at the end of the period Unrestricted fund• to no•r••t £ Restricted funds Endowment fund8 to nearnst£ Cate orlej Detal to n•ar•Bt E B1 Cash funds UntyTFWt Ba 230,002 Total cash funds 23Q,Th)2 Unrestricw Restricted funds Endowment funds Detail$ to near06tÉ 82 Other monetary assets Cwr•nt valu• loptionall 83 Investment assets FwvJtQT*thth Curr•it valu• Details Co•¢ B4 Assets retsined for the ¢harlty's own uso Detsl (Wonal 86 Llabllltles SKjn￿j or trustees Cffj of all the Irustoes Print Namè Datè of aFpfov81 Dr Swn¢M J Thcrfnton Dr Nwl E ROt￿rharn loii ## **Independent examiner's report on the accounts** **Section A Independent Examiner’s Report** |**Report to the trustees/**
**members of**
**On accounts for the year**
**ended**
**Set out on pages**
**Responsibilities and**
**basis of report**|Metamorphosis Foundation|Metamorphosis Foundation|Metamorphosis Foundation| |---|---|---|---| ||||| ||31 March 2021|**Charity no**
**(if any)**|1188495| ||||| ||2-3||| ||I report to the trustees on my examination of the accounts of the above
charity (“the Trust”) for the year ended 31/03/2021.
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 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 all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. **Independent** I have completed my examination. I confirm that no material matters have **examiner's statement** come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or - the accounts did 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. **Signed: Date:** 19 January 2022 **Name:** Roger Merchant **Relevant professional** Chartered Accountant **qualification(s) or body (if any): Address:** UHY Hacker Young LLP 14 Park Row Nottingham NG1 6GR **Oct 2018** 1 **IER** CHARITY COMMISSION FOR ENGLAND AND WAIES M¢tsmorphL&i$ Ftsundation Receipts and payments accounts CC16a For th• P•ri47d To 11 Mwch 2Q20 31 Marrh 2021 Section A Recei ts and ments Unrestricted fund• to lh• nMw• Endowment fundg R961rict•d lund• Tol•l lund• Last yèar t(*th• wr••t £ lothe ttstm n￿r+•t E A1 R•c•l 199,OE4> 49,710 199.(•)O 49.750 GIftA￿ 18 Sub tot•l{Gross IrL￿m0 forARJ A2 A**•t ind Invmbnont •41￿. ••9 tsblg . 34•.750 24,710 Sub tot•1 Total r•colpts A3 Pa Legal fees tychadty Mt up •nk chorge¥.Ihty Trust 8•nk 4n1-Im￿lI1eVtt1 1ntetrbol￿ Giant-N￿li￿m4rt￿￿ W￿l11eTrU5I r4nl.The Swnck Truil r4nl-Pfnrtlh & A•4 C 72 72 Sub total A4 A•w•t •nd Involm•nt purehA••8,18•• tabhl Sub total Net of reCeIpt￿{PayMents) AS Transf•rn bet￿￿ lund• A6 C¥sh funds last year end Cash funds this y•ar •nd Section B Statement of assets and liabilities at the end of the period Unre8trietgd fund8 Restricted fund5 Endowment fvnd$ to nea￿1 E D•tsl to Trwesi £ B1 Cash funds iNtyTnot Bank 230,002 Totalush fvnds 230.002 $11. Unr•8trlctsd R•8trlct•d fund• fvnd• Emlowm8nt fvnl$ Details to n•aF••t 82 Other mon*ry assets {￿rr￿tt vJly• B3 Invostment a¥¥ets to whlth M•ql Current ¥ilu• 'Det¥ils 84 Assots rgtsln8d for the charlty's own use ioWon¥ll 85 Liabllities Svjnèd ty ore or trwloes on of all the In*te8S Prwrt N￿e D¥to of approval sir￿ J T￿￿tOn Dr Neil E Rothetham Igl