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2025-03-31-accounts

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 2024 Day
31
Month
03
2025
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

Trustee selection methods Appointed by the trustees

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

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. Metamorphosis Foundation’s base is in
Nottinghamshire and the trustees took an early strategic decision after
the charity was established to contribute to conservation initiatives
within our local environment. To that end in the past we have supported
the reintroduction of beavers to Nottinghamshire, purchased an electric
boat to facilitate access for staff and researchers managing the beaver
enclosure and provided funding to support habitat improvement for
turtle doves and waders at the Idle Valley Reserve. In 2024/25
Metamorphosis Foundation granted the funds for the Trust to purchase
a John Deere tractor from the Environment Agency, which has been a
critical asset in a five-year project to improve and increase reed beds at
Attenborough Nature Reserve. As the project was coming to an end the
Trust faced losing the tractor which has had a transformational impact
at the local reserves. The grant will enable the team’s excellent work
maintaining the habitat for multiple species to continue.
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.
_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 23,500 students from over 60 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 short course programme & 11 additional students across
a range of programmes [guiding/ranger/youth access bridging
programmes]. Two of the trustees visited SAWC in 2024 to give
additional clarity on support need, governance - especially meeting the
students - and risk management issues. The trustees were also able to
see the “Bite Suit” in action - an essential piece of staff protective
equipment when training anti-poaching dogs - which had been
purchased with a Metamorphosis grant. 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] & we were provided with
the full audited accounts.
Further bursary funding is planned for the 2025 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 their careers.

3

You may choose to include further statements, where relevant, about:

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 3000 applicants]. Half the students are training as Lodge Trackers [for the Ecotourism Sector] and half as Conservation Guardians - including a more paramilitary training component - for work in the anti-poaching sector. 94.75% 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 & have been supporting Tracker Academy since 2022. Bursary funding was provided in 2024 for 2 students on the 12 month Tracker Skills programme & 2 students training as Conservation Guardians. Two of the trustees visited TA’s new Sandringham training site in 2024, met 2 of the funded bursary students & their lead trainer, spending time observing their training and evaluation directly. Separately we met one of our former supported students who is now employed in the greater Kruger and were delighted to learn that his income enables him to support 12 members of his family. This is not an uncommon situation and demonstrates the impact of the support we provided far beyond “just” obtaining a qualification. Two trustees also attended the 2024 students’ graduation ceremony which took place at the South African College of Tourism and met all 4 students we had supported. This proved very helpful in getting a personal insight into their backgrounds, course experiences and hopes for the future. We have subsequently learned that all 4 have now secured jobs in conservation related work. One other significant benefit of attending the graduation was that we met a number of other donors & other organisations associated with Tracker Academy and SATC. They were full of praise for the college, its ethos, governance and the quality of the students graduating - independent feedback that is otherwise hard to obtain. Further funding has been offered for 2 Conservation Guardian students & 2 Female Tracker students in the 2025 intake. The training of more female trackers reflects a determination of TA to improve access for women to conservation roles and is supported by the successes of previous female graduates working at leading lodges . 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. Wildlife Vets International [CC no. 1109670] Wildlife Vets International exists to apply specialist veterinary expertise to animal conservation projects, worldwide. WVI provides support for training of local vets and field biologists, undertake research, investigate disease, assist with project planning and works in conjunction with NGOs and local communities to promote the conservation of rare and endangered species and their habitats. A grant was provided for a Wildlife vet to attend a Wildlife Capture Course - skills that she will need in her new position supervising the reintroduction of Lions to Gabon, West Africa. 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.

4

Section D Achievements and performance

Summary of the main
achievements of the charity
during the year
Fundraising-once again much time was spent this year considering
longer term fundraising. The trustees have continued spreading the word
about the charity through personal contacts, speaking engagements
and other initiatives, though it must be admitted that fundraising has
been challenging in the current economic climate. Right at the end of the
charity year two signifcant donations were received which will provide
the base for a longer term fund giving the trustees and some of their
regular grantees more future visibility for support. In the meantime we
will continue to explore opportunities for Corporate Sponsorship.

5

Section E Financial review 8ri•f ststement of the cnariry's policy on rè8•N•$ The charilv holds a minimum of £5CKJO mserves Detalls of any funds materlally None In defi¢it Furthèr financlal review detall8 Ioptional infomlatlonl You may choose 10 1nclude The ¢hanty's principal source of lunds has been donations from additional Infotmation. where Indiv￿￿81S which 19 dale have all been unrestricted. relevant aboul. the d)anty's prinopal Sources of funds linduding any fundraisingl". how expenditure has supported the key objectives of the chanty. investrnent policy and objectives InclLJding any eth1e21 investment policy adoNed. The charity ha5 8 bank account & conlinues lo utili5e 8 lundiThJ plaffomi. Flagstone. which manages a lange ol Interest eaming fixed tem or notice accoun15 lo ensu￿ that revenuè Is i*ing gènerated from cash reserves. lThJividLtal accounts are prolecled by the Financial Services I Compensation Scheme. Section F Other optional infomiation Having previously joined one of the Commission s Webinars on FinanrAal Due Diligen￿ wè have been alert ! to wamings in the p￿sS and from talking to other charities of several example5 of fraud involving charities operating overseas. The trustees remain ￿assu￿ that the main method we employ when working with overseas partners lthe bursary model backed up by on srte interviews. govemance visits and extemal auditl provides robust protections against fraud. Section G Declaration The trustees declare that they have approved the trustees, reF)Qrt above. STrgned on bthalf of the charity's trustees Signaturelsl Full namelsl Dr Simon J Thomton Dr Neil E Rotherham Posityon leg s￿retsry. Chair, e¢¢) Chair of Trustees Trustee Date 23 lo6 l15

CC16a
Last year
to the nearest £
-
-
-
-
-
-
-
-
-
- 0
- 0
- 0
-
-
-
-
-
-
-
-
-
-
- 0
- 0
-
-
-
-
Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of approval
29/10/2025
29/10/2025
Charity Name No(if any) CC16a
Metamorphosis Foundation 1188495
Receipts andpayments accounts
For the period
from
Period start date To Period end date
4/1/24 3/31/25
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 160,702 - - 160,702 -
Gift aid 354 - - 354 -
Interest income 10,898 - - 10,898 -
- 0 - - - -
- 0 - - - -
- 0 - - - -
- 0 - - - -
- 0 - - - -
Sub total_(Gross income for AR) _
171,954
- - 171,954 -
A2 Asset and investment sales, (see
table).
- 0 - 0 - 0 -
- 0 - 0 - 0 - - 0
Sub total
- 0
- 0 - 0 - - 0
**Total receipts **
171,954
- 0 - 0 171,954 - 0
A3 Payments
General admin 86 - - 86 -
Marketing, website design & management 260 - - 260 -
Bank charges - Unity Trust Bank 72 - - 72 -
Overseas governance visits 6,903 - - 6,903 -
Grant - Nottinghamshire Wildlife Trust 10,000 - - 10,000 -
Grant - Wildlife Vets International 1,100 - - 1,100 -
Grant - Southern African Wildlife College 13,990 - - 13,990 -
Grant - Tracker Academy 29,500 - - 29,500 -
- 0 - - - -
**Sub total **
61,910
- - 61,910 -
A4 Asset and investment purchases, (see
table)
Flagstone account [net] 117,563 - 0 - 0 117,563
- 0 - 0 - 0 -
**Sub total **
117,563
- 0 - 0 117,563 - 0
**Totalpayments **
179,473
- 0 - 0 179,473 - 0
**Net of receipts/(payments) ** -
7,519
- - -
7,519
-
A5 Transfers between funds - 0 - - - -
A6 Cash funds last year end 28,615 - - 28,615 -
**Cash funds thisyear end **
21,096
- - 21,096 -
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 21,096 - -
- - -
- - -
Total cash funds 21,096 - -
(agree balances with receipts and payments
account(s))
OK OK
Unrestricted
funds
Restricted funds Endowment
funds
Details to nearest £ to nearest £ to nearest £
B2 Other monetary assets Flagstone Account 384,606 - -
- - -
- - -
- - -
- - -
- - -
Details Fund to which asset
belongs
Cost (optional) Current value
(optional)
B3 Investment assets - -
- -
- -
- -
- -
Details Fund to which asset
belongs
Cost (optional) Current value
(optional)
B4 Assets retained for the charity’s
own use
- -
- -
- -
- -
- -
- -
- -
- -
- -
Details Fund to which
liability relates
Amount due
(optional)
When due
(optional)
B5 Liabilities -
-
-
-
-
Signed by one or two trustees on behalf of all the
trustees
Signature Print Name Date of approval
Dr Simon J Thornton 29/10/2025
Dr Neil E Rotherham 29/10/2025

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Charity Name members of Metamorphosis Foundation On accounts for the year 31 March 2025 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 / 2025 .

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 the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

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 which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: Date: 03/11/2025 Name: Chris McKain Relevant professional Chartered Accountant qualification(s) or body (if any): Address: UHY Hacker Young 14 Park Row, Nottingham NG1 6GR

Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

1

October 2018

IER

Give here brief details of any items that the examiner wishes to disclose .

2

October 2018

IER

CC16a
Last year
to the nearest £
-
-
-
-
-
-
-
-
-
- 0
- 0
- 0
-
-
-
-
-
-
-
-
-
-
- 0
- 0
-
-
-
-
Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of approval
29/10/2025
29/10/2025
Charity Name No(if any) CC16a
Metamorphosis Foundation 1188495
Receipts andpayments accounts
For the period
from
Period start date To Period end date
4/1/24 3/31/25
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 160,702 - - 160,702 -
Gift aid 354 - - 354 -
Interest income 10,898 - - 10,898 -
- 0 - - - -
- 0 - - - -
- 0 - - - -
- 0 - - - -
- 0 - - - -
Sub total_(Gross income for AR) _
171,954
- - 171,954 -
A2 Asset and investment sales, (see
table).
- 0 - 0 - 0 -
- 0 - 0 - 0 - - 0
Sub total
- 0
- 0 - 0 - - 0
**Total receipts **
171,954
- 0 - 0 171,954 - 0
A3 Payments
General admin 86 - - 86 -
Marketing, website design & management 260 - - 260 -
Bank charges - Unity Trust Bank 72 - - 72 -
Overseas governance visits 6,903 - - 6,903 -
Grant - Nottinghamshire Wildlife Trust 10,000 - - 10,000 -
Grant - Wildlife Vets International 1,100 - - 1,100 -
Grant - Southern African Wildlife College 13,990 - - 13,990 -
Grant - Tracker Academy 29,500 - - 29,500 -
- 0 - - - -
**Sub total **
61,910
- - 61,910 -
A4 Asset and investment purchases, (see
table)
Flagstone account [net] 117,563 - 0 - 0 117,563
- 0 - 0 - 0 -
**Sub total **
117,563
- 0 - 0 117,563 - 0
**Totalpayments **
179,473
- 0 - 0 179,473 - 0
**Net of receipts/(payments) ** -
7,519
- - -
7,519
-
A5 Transfers between funds - 0 - - - -
A6 Cash funds last year end 28,615 - - 28,615 -
**Cash funds thisyear end **
21,096
- - 21,096 -
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 21,096 - -
- - -
- - -
Total cash funds 21,096 - -
(agree balances with receipts and payments
account(s))
OK OK
Unrestricted
funds
Restricted funds Endowment
funds
Details to nearest £ to nearest £ to nearest £
B2 Other monetary assets Flagstone Account 384,606 - -
- - -
- - -
- - -
- - -
- - -
Details Fund to which asset
belongs
Cost (optional) Current value
(optional)
B3 Investment assets - -
- -
- -
- -
- -
Details Fund to which asset
belongs
Cost (optional) Current value
(optional)
B4 Assets retained for the charity’s
own use
- -
- -
- -
- -
- -
- -
- -
- -
- -
Details Fund to which
liability relates
Amount due
(optional)
When due
(optional)
B5 Liabilities -
-
-
-
-
Signed by one or two trustees on behalf of all the
trustees
Signature Print Name Date of approval
Dr Simon J Thornton 29/10/2025
Dr Neil E Rotherham 29/10/2025