|||**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||||||||| ||||1|4|||2022|||Day
31|Month
03||||Year
2023|||| |||||||||||||||||||| |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**||||||||||| |||||||||||||||||||| |||||||||||||||||||| |||||||||||||||||||| |||||||||||||||||||| |||||||||||||||||||| |||||||||||||||||||| 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. 2 |**Summary of the main activities**
**undertaken for the public**
**benefit in relation to these**
**objects (include within this**
**section the statutory**
**declaration that trustees have**
**had regard to the guidance**
**issued by the Charity**
**Commission on public benefit)**|_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. Following the successful release of 7 beavers at the
Idle Valley Nature Reserve in November 2021, the trustees had the
opportunity to visit the beaver enclosure to directly see the immediate
impact that the beavers are having on the vegetation. We were also
shown the probable site of one of the beaver lodges. Funds provided
have also enabled the purchase of a new electric boat which is allowing
staff & volunteers improved access to the complex of ponds in the
reserve. This has improved the team’s ability to manage the habitat, but
also improved access for local university students to study both the
beavers themselves, but more importantly the impact that they are
having on all aspects of the ecosystem.
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.
_Wildlife Vets International [CC no. 1109670]_
Wildlife Vets International exists to apply specialist veterinary expertise
to animal conservation projects, worldwide. Funding was provided to
support training of local vets and field biologists, undertake research,
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.
Importantly, WVI were able to utilise our donation linked to the “Big
Give Christmas challenge” to quadruple donations for projects relating
to Wild Tiger Health.
After a series of Covid precipitated delays, 2022 also allowed a
Nepalese wildlife vet to come to the UK for additional training with WVI
vets.
We also provided funding to train Indonesian and Malaysian vets locally
in disease surveillance techniques and a workshop to create a
framework for the Indonesians to carry out a nationwide survey of wild
tiger health.
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. The potential for
multiplication of donations obviously magnifies the benefit accruing and
we will explore further opportunities to do this going forward.
_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.
The trustees visited the woodland near to the Shap Wells Hotel with
one of the PDRSG permanent rangers. The woodlands are a small part
of the 650 square miles currently actively managed by the group. We
saw our first red squirrels within about 20m of entering the woods and
saw 20+ in total during our visit.
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. The red squirrel
populations are stable in most of the charity’s area of operations which,
given the pressures seen elsewhere in the UK on red squirrel
populations, are a phenomenal achievement by the group.| |---|---| 3 _The Southern African Wildlife College [SAWC]_ based on the western edge of the Kruger National Park, South Africa opened to students in 1997 and is now a recognised centre of specialisation in conservation education, training and skills development. It is closely linked to the Peace Parks Foundation [founded by President Nelson Mandela, Dr Anton Rupert & Prince Bernard of the Netherlands]. To date SAWC has trained over 18,000 students from over 50 countries across a wide range of conservation related subjects. The College’s activities are exactly aligned with the objectives of Metamorphosis. Bursary funding was provided for 2 students on the Natural Resource management programme & 6 additional students across a range of programmes [guiding/ranger/bridging programmes]. Of the 8 students supported in 2022, 7 graduated enabling them to either start or progress their careers in the conservation sector. Two of the trustees visited SAWC in early 2022 & a further visit is planned in 2023 to give additional reassurance on support need, governance & risk management issues. The trustees were provided with regular updates on student progress and very detailed end of year academic and financial reports to assist with governance. SAWC is audited by Price Waterhouse Cooper[PWC]. In terms of public benefit the key elements are the protection and enhancement of the environment and wildlife for future generations as the student graduates pursue their careers. You **may choose** to include further statements, where relevant, about: - policy on grantmaking; - policy programme related investment; - contribution made by volunteers. _The Tracker Academy[TA]_ based in Graff Reinett in South Africa, trains disadvantaged rural people as professional wildlife trackers for deployment in the conservation and ecotourism industries. It is a subsidiary of the South African College for Tourism [and audited through that] & operates under the auspices of the Peace Parks Foundation [see above]. TA was established in 2010 and takes on 32 students a year [from over 900 applicants]. 88% of Tracker graduates are employed in the conservation industry. The trustees are familiar with TAs work having previously met a number of TA graduates in conservation settings in Southern Africa. Bursary funding was provided for 3 students on the 12 month tracker skills programme. The trustees were provided with regular updates on student progress and detailed end of year academic and financial reports to assist with governance. Two of the trustees visited one of TA’s training sites at Samara in the Karoo Desert and observed students undertaking one of their regular assessments. They also attended the 2022 students’ graduation ceremony which took place at the South African College of Tourism and met the 3 students we had supported. That proved very helpful in getting a personal insight into their backgrounds, course experiences and hopes for the future. All 3 students have subsequently been offered tracker jobs at various lodges in the Greater Kruger National Park, South Africa. One unexpected benefit of attending the graduation was that we met a number of other donors & other organisations associated with Tracker Academy and SATC (who have had had many years experience of working with them). They were full of praise for the college, its ethos, its governance and the quality of the students graduating - independent feedback that is otherwise very difficult to obtain. Further funding has been offered for 4 Tracker students in the 2023 intake. In terms of public benefit the key elements are the protection and enhancement of the environment and wildlife for future generations as the student graduates pursue careers in the conservation sector. 4 ## Section D Achievements and performance |**Summary of the main**
**achievements of the charity**
**during the year**|**Evolution of grant strategy in light of Covid .**
The trustees had originally envisaged that they would be travelling to
potential grant receiving entities & assessing them individually before
awarding grants & bursaries. However, with very unfortunate timing, the
charity was registered in March 2020 which essentially coincided with
the frst of the UK Covid lockdowns & associated travel bans preventing
overseas travel [especially to Southern Africa].
By early 2022, with Covid travel restrictions lifting, the trustees had
begun to “remotely” evaluate potential established organisations with
assessable governance in Southern Africa ofering training opportunities
in the conservation sector. The two colleges identifed - Southern African
Wildlife College & Tracker Academy, linked to the South African College
of Tourism - were both visited by trustees in 2022. It was fnally possible
to fully appreciate the depth and breadth of the opportunities available to
students and appreciate how well the courses ofered were aligned with
the trustees original vision for Metamorphosis Foundation.
We felt very fortunate that, in spite of the challenges arising from the
Covid pandemic, we had been able to ‘remotely” identify and very
tentatively start providing student bursaries to two training centres with
excellent governance in place.
The bursaries provided to Tracker Academy and the Southern African
Wildlife College therefore represent signifcant steps forward for
Metamorphosis Foundation. Further support and evaluation of other
similar, well governed training centres is envisaged.
**Governance & Working Overseas**
One of the trustees attended the Charity Commission Conference on
“Working Overseas - Risks Responsibilities & Legal Duties” in September
2022 which brought together many of the aspects that charities
operating overseas needed to consider. It provided a very helpful
overview of current issues and was especially helpful as we are a new
charity fnding our feet working in this potentially challenging area.
The speakers covered:
1) Assessing risk when working internationally
2) Due diligence and monitoring the end use of funds
3) Safeguarding in an international context
4) Holding moving and receiving funds safely
The trustees discussed all these aspects after the meeting, noting a
number of useful suggestions for the future. Following specifc enquiries
we were also reassured that the colleges we are providing bursaries to
have appropriate bullying/harrassment/safeguarding policies in place for
their operations and the students we are providing bursaries for.| |---|---| 5 Section E Financial review Brlef statemont of the charity's policy on ruervos The charity holds a minimum of £5000 rv&erves Delails of any funds matarlally None In deficit Furthèr financlal rovlew details (Optional informatlon) The charty's principal source of funds has been donats'ons from individuals which to dat8 hav8 all been unrestricted. You may chooso to include additional info￿atIOn, ￿ere relevant about.. the charity's principal Due to the problems relating to the Covid pandemic, the ability of the sources of funds linduding trustees to assess potèntial proj8ds has been limited. This year again any fundraisingl., saw cautious & modèst fund distribution, though the Irustees were at last how expenditure has able to start conducting on site governance visit$. supported the key objectives l The charity has a bank account & Ihis year has established a range of of the charity.. investment policy and l interest 8aming fixed term or notice accounts to ensure that r8v8nue 18 objectives including any b8ing generated from cash reserves. All the individual accounts are ethical investment policy protected by the Financial Services Compensation Scheme. adopted. Section F Other optional information Section G Declaration Tho trustoos doclare that they h•v• approv•d th• trust••s' r•port abov•. Slgned on bgholf of th• eharlty's tr stsos Slgnaturo(s) Full nanW8) ' 1lJ El L k OT I S IZHYOI Posltion log Secretary, Chair, otc Iroske Date i ( ||**Charity Name**|**Charity Name**|**Charity Name**|**Charity Name**|**Charity Name**|**No(if any)**|**No(if any)**||**CC16a**| |---|---|---|---|---|---|---|---|---|---| ||**Metamorphosis Foundation**|||||**1188495**|||| ||**Receipts andpayments accounts**||||||||| ||**For the period**
**from**||Period start date||**To**||Period end date||| ||||01/04/2022||||31/03/2023||| ||||||||||| |**Section A Receipts and payments**|||||||||| ||**Unrestricted**
**funds**||**Restricted funds**||**Endowment**
**funds**||**Total funds**||**Last year**| ||**to the nearest £**||**to the nearest £**||**to the nearest £**||**to the nearest £**||**to the nearest £**| |**A1 Receipts**|||||||||| |Donations|190,000||**-**||**-**||**190,000**||**-**| |Gift Aid|50,012||**-**||**-**||**50,012**||**-**| ||**- 0**||**-**||**-**||**-**||**-**| ||**- 0**||**-**||**-**||**-**||**-**| ||**- 0**||**-**||**-**||**-**||**-**| ||**- 0**||**-**||**-**||**-**||**-**| ||**- 0**||**-**||**-**||**-**||**-**| ||**- 0**||**-**||**-**||**-**||**-**| |**_Sub total_**_(Gross income for AR) _|
**240,012**||**-**||**-**||**240,012**||**-**| ||||||||||| |**A2 Asset and investment sales,**
**(see table).**|||||||||| ||**- 0**||**- 0**||**- 0**||**-**||| ||**- 0**||**- 0**||**- 0**||**-**||**- 0**| |**_Sub total _**|
**- 0**||**- 0**||**- 0**||**-**||**- 0**| ||||||||||| |**_Total receipts_ **|
**240,012**||**- 0**||**- 0**||**240,012**||**- 0**| ||||||||||| |**A3 Payments**|||||||||| |Accounting fees|**240**||**-**||**-**||**240**||**-**| |IT fees-domain registration/email|**138**||**-**||**-**||**138**||**-**| |Bank Charges-Unity Trust Bank|**103**||**-**||**-**||**103**||**-**| |UK meeting & travel costs|**978**||||||**978**||| |Overseas governance visit costs|**4,943**||||||**4,943**||| |Grant-Wildlife Vets International|**7,500**||**-**||**-**||**7,500**||**-**| |Grant-Penrith Red squirrel group|**2,000**||**-**||**-**||**2,000**||**-**| |Grant-Southern African Wildlife College|**29,490**||**-**||**-**||**29,490**||**-**| |Grant-Tracker Academy|**27,600**||**-**||**-**||**27,600**||**-**| |**_Sub total_ **|
**72,992**||**-**||**-**||**72,992**||**-**| ||||||||||| |**A4 Asset and investment**
**purchases,(see table)**|||||||||| |Flagstone account|**252,100**||**- 0**||**- 0**||**252,100**||| ||**- 0**||**- 0**||**- 0**||**-**||| |**_Sub total_ **|
**252,100**||**-0**||**-0**||**252,100**||**- 0**| ||||||||||| |**_Totalpayments_ **|
**325,092**||**- 0**||**- 0**||**325,092**||**- 0**| ||||||||||| |**_Net of receipts/(payments)_ **|**-**
**85,080**||**-**||**-**||**-**
**85,080**||**-**| |**A5 Transfers between funds**|**- 0**||**-**||**-**||**-**||**-**| |**A6 Cash funds lastyear end**|**189,280**||**-**||**-**||**189,280**||**-**| |**_Cash funds thisyear end_ **|
**104,200**||**-**||**-**||**104,200**||**-**| ||||||||||| ||||||||||| |**Section B Statement of assets and liabilities at the end of the period**|||||||||| |**Categories**|**Details**||||**Unrestricted**
**funds**||**Restricted funds**||**Endowment**
**funds**| ||||||**to nearest £**||**to nearest £**||**to nearest £**| |**B1 Cash funds**|Unity Trust Bank||||**104,200**||**-**||**-**| ||||||||**-**||**-**| ||||||**-**||**-**||**-**| CCXX R1 accounts (SS) 10/11/2021 1 Total cash funds 104,2 Ilnmtrictsd R••trletsd lunds End0￿n•nt fund• funds Det311s to n￿r￿£ B2 Other mongtsry assets 251.476 Currerrt Value Details 83 Investmènt assets Co•t{orth￿￿) C¥rf•rt v•lu• Detai15 B4 Assets retsined for tho charlty's own use Details B5 Llabllltles SvJned or inJ8le88 cfft beha of all tntstees Sgn8ttJre Print Narr Date of approval 23 Dr Neil E Rothetham CCXX R2 ar£ounts ISSI 1011112021 ## **Independent examiner's report on the accounts** **Section A Independent Examiner’s Report** **Report to the trustees** Charity Name Metamorphosis Foundation **On accounts for the year** 31 March 2023 **Charity no** 1188495 **ended (if any) Set out on pages** 3 - 4 (remember to include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 / 03 / 2023. **Responsibilities and** As the charity's trustees, you are responsible for the preparation of the **basis of report** 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 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 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:** 18.10.2023 **Name:** Roger Merchant **Relevant professional** Chartered Accountant **qualification(s) or body (if any): Address:** UHY Hacker Young, 14 Park Row, Nottingham, NG1 6GR **Oct 2018** 1 **IER** ## **Section B Disclosure** Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **Give here brief details of any items that the examiner wishes to disclose** . **Oct 2018** 2 **IER** ||**Charity Name**|**Charity Name**|**Charity Name**|**Charity Name**|**Charity Name**|**No(if any)**|**No(if any)**||**CC16a**| |---|---|---|---|---|---|---|---|---|---| ||**Metamorphosis Foundation**|||||**1188495**|||| ||**Receipts andpayments accounts**||||||||| ||**For the period**
**from**||Period start date||**To**||Period end date||| ||||01/04/2022||||31/03/2023||| ||||||||||| |**Section A Receipts and payments**|||||||||| ||**Unrestricted**
**funds**||**Restricted funds**||**Endowment**
**funds**||**Total funds**||**Last year**| ||**to the nearest £**||**to the nearest £**||**to the nearest £**||**to the nearest £**||**to the nearest £**| |**A1 Receipts**|||||||||| |Donations|190,000||**-**||**-**||**190,000**||**-**| |Gift Aid|50,012||**-**||**-**||**50,012**||**-**| ||**- 0**||**-**||**-**||**-**||**-**| ||**- 0**||**-**||**-**||**-**||**-**| ||**- 0**||**-**||**-**||**-**||**-**| ||**- 0**||**-**||**-**||**-**||**-**| ||**- 0**||**-**||**-**||**-**||**-**| ||**- 0**||**-**||**-**||**-**||**-**| |**_Sub total_**_(Gross income for AR) _|
**240,012**||**-**||**-**||**240,012**||**-**| ||||||||||| |**A2 Asset and investment sales,**
**(see table).**|||||||||| ||**- 0**||**- 0**||**- 0**||**-**||| ||**- 0**||**- 0**||**- 0**||**-**||**- 0**| |**_Sub total _**|
**- 0**||**- 0**||**- 0**||**-**||**- 0**| ||||||||||| |**_Total receipts_ **|
**240,012**||**- 0**||**- 0**||**240,012**||**- 0**| ||||||||||| |**A3 Payments**|||||||||| |Accounting fees|**240**||**-**||**-**||**240**||**-**| |IT fees-domain registration/email|**138**||**-**||**-**||**138**||**-**| |Bank Charges-Unity Trust Bank|**103**||**-**||**-**||**103**||**-**| |UK meeting & travel costs|**978**||||||**978**||| |Overseas governance visit costs|**4,943**||||||**4,943**||| |Grant-Wildlife Vets International|**7,500**||**-**||**-**||**7,500**||**-**| |Grant-Penrith Red squirrel group|**2,000**||**-**||**-**||**2,000**||**-**| |Grant-Southern African Wildlife College|**29,490**||**-**||**-**||**29,490**||**-**| |Grant-Tracker Academy|**27,600**||**-**||**-**||**27,600**||**-**| |**_Sub total_ **|
**72,992**||**-**||**-**||**72,992**||**-**| ||||||||||| |**A4 Asset and investment**
**purchases,(see table)**|||||||||| |Flagstone account|**252,100**||**- 0**||**- 0**||**252,100**||| ||**- 0**||**- 0**||**- 0**||**-**||| |**_Sub total_ **|
**252,100**||**-0**||**-0**||**252,100**||**- 0**| ||||||||||| |**_Totalpayments_ **|
**325,092**||**- 0**||**- 0**||**325,092**||**- 0**| ||||||||||| |**_Net of receipts/(payments)_ **|**-**
**85,080**||**-**||**-**||**-**
**85,080**||**-**| |**A5 Transfers between funds**|**- 0**||**-**||**-**||**-**||**-**| |**A6 Cash funds lastyear end**|**189,280**||**-**||**-**||**189,280**||**-**| |**_Cash funds thisyear end_ **|
**104,200**||**-**||**-**||**104,200**||**-**| ||||||||||| ||||||||||| |**Section B Statement of assets and liabilities at the end of the period**|||||||||| |**Categories**|**Details**||||**Unrestricted**
**funds**||**Restricted funds**||**Endowment**
**funds**| ||||||**to nearest £**||**to nearest £**||**to nearest £**| |**B1 Cash funds**|Unity Trust Bank||||**104,200**||**-**||**-**| ||||||||**-**||**-**| ||||||**-**||**-**||**-**| CCXX R1 accounts (SS) 10/11/2021 1 Total cash funds 104,2 Ilnmtrictsd R••trletsd lunds End0￿n•nt fund• funds Det311s to n￿r￿£ B2 Other mongtsry assets 251.476 Currerrt Value Details 83 Investmènt assets Co•t{orth￿￿) C¥rf•rt v•lu• Detai15 B4 Assets retsined for tho charlty's own use Details B5 Llabllltles SvJned or inJ8le88 cfft beha of all tntstees Sgn8ttJre Print Narr Date of approval 23 Dr Neil E Rothetham CCXX R2 ar£ounts ISSI 1011112021