2022-04-05-accounts - The Fox Project (Southern Wildlife Ambulance Network)

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Charity Registration Number: 1190070

The Fox Project (Southern Wildlife Ambulance Network)

Financial Statements

For the Year Ending

5 April 2022

JANE ASCROFT ACCOUNTANCY LIMITED

Chartered accountants Enterprise House Harmire Enterprise Park Barnard Castle County Durham DL12 8XP

The Fox Project (Southern Wildlife Ambulance Network)

Financial Statements

Year Ended 5 April 2022

	Page
Trustees' Annual Report	1
Independent Examiner's Report to the Trustees	4
Statement of Financial Activities	5
Statement of Financial Position	6
Statement of Cash Flows	7
Notes to the Financial Statements	8
The Following Pages Do Not Form Part of the Financial Statements
Detailed Statement of Financial Activities	17

The Fox Project (Southern Wildlife Ambulance Network)

Trustees' Annual Report

Year Ended 5 April 2022

The trustees present their report and the unaudited financial statements of the charity for the year ended 5 April 2022.

Objectives

The objectives of the charity are education, advice and rescue of wildlife

It was established in 1991 as a specialist wildlife information bureau and fox deterrence consultancy, we have since additionally incorporated a Wildlife Hospital since 1993 which, today - admits and treats around 800 foxes per year, including 250 cubs.

Main activities

The Wildlife Information Bureau - regularly advises national and local government and all areas of the media as well as providing information to the public on all aspects of the Red Fox.

Our fox deterrence consultancy - provides Do-it-Yourself information on simple, humane and non-lethal methods of resolving conflict with urban foxes. To that end, it works with, and recommends professional call-out consultancies that provenly share our ethic, which excludes both destruction and relocation and precludes co-operation with bodies that operate such systems.

The Wildlife Ambulance Service - operates over a 60 x 70 mile range over parts of Kent, Surrey, East and West Sussex and South East London, dealing with sick and injured foxes and abandoned fox cubs and working with a large team of local volunteer rescuers, fosterers and rehabbers to provide for their care, treatment and rehabilitation back into the wild.

Public Benefit

The Trustees are aware of their responsibilities in terms of public benefit and have had regard to the guidance issued by the Charity Commission on public benefit.

Contribution made by volunteers

The Fox Project does not receive financial support from national or local governments. It relies entirely on donations from supporters, the general public and for specific projects, from grant making trusts.

Numerous Volunteers Operating Under Staff and Trustees Guidance.

The Intensive Care Unit where volunteers clean and feed recovering casualties twice daily.

Rescuers: A keen rescuer will be kitted out with a carry cage and a landing net, after which they would be contacted by the duty ambulance driver to assist with any foxes in need of rescue in their area.

Fosterers - we build pens in fosterers' gardens where they can look after recovering adult casualties or groups of cubs until they get released.

Fundraisers: We operate a system of local fundraising groups, each of which organises their own events or comes together with others for larger projects. Fundraising schemes will include street collections, supermarket customer check-out bag packing, information and sales stalls at local fetes, shows etc., pub quizzes, sponsored events, school no-uniform days and raffles.

The Fox Project (Southern Wildlife Ambulance Network)

Trustees' Annual Report (continued)

Year Ended 5 April 2022

Achievements and Performance

Over 6,000 advice calls fielded per annum from public, institutions and government.

1,000+ Wildlife Rescue operations undertaken per annum on request of public.

We rescue and provide care for sick and injured foxes and also lost and orphaned fox cubs, rehabilitating them back to the wild. We also educate and inform the public about the true nature and behaviour of foxes in order to reduce fear and persecution and encourage tolerance and acceptance of our wild neighbour.

Although the high profile side of our charity is rescue and rehabilitation, we also provide a national information bureau and humane non-lethal deterrence advice service; we promote networking between associated charities and groups, helping to cross-feed information and current knowledge.

What makes The Fox Project different: We are specialists in fox behaviour, having been operating for 25 years, and are the only charity in the country that provides a comprehensive advice service. We cover around 80 square miles with the invaluable assistance of our volunteer rescuers.

Financial Review

Income generated during the year was £793,509.

Cash at bank and in hand as of 5th April 2022 was £1,276,370.

Reserves policy

We maintain a minimum £340,000 bolster - which is the figure needed to survive for 12 months if no further income was forthcoming.

Principal funding sources

Supporter Database
Legacy Income
Grant Seeking
Volunteer Initiatives
Website and online shop
Schemes such as: Day out with ambulance driver

Structure, Governance and Management

The charity was registered as a Charitable Incorporated Organisation on 23 June 2020 with charity number 1190070. It is governed by its Constitution as a foundation CIO. It has taken over the activities of charity number 1044928 (Southern Wildlife Ambulance Network) which was established in 1995 as an unincorporated charity.

Trustees are appointed by majority invitation of existing trustees. Trustees are expected to introduce themselves to all aspects of charity activity.

Day to day decisions made by appointed staff within parameters established by trustees.

The Fox Project (Southern Wildlife Ambulance Network)

Trustees' Annual Report (continued)

Year Ended 5 April 2022

Reference and Administrative	Details
Registered charity name	The Fox Project (Southern Wildlife Ambulance Network)
Charity registration number	1190070
Principal office	Unit 29b, 39a Maidstone Road
	Paddock Wood
	Kent
	TN12 6DG
The Trustees
	Dr Philip John Anscombe (Chair)
	Clive Martin	(Appointed 1 March 2022)
	Caroline Wetton
	Peter King
Independent Examiner	Jane Ascroft FCA MA (Cantab)
	Enterprise House
	Harmire Enterprise Park
	Barnard Castle
	County Durham
	DL12 8XP

The trustees' annual report was approved on .............................. and signed on behalf of the board of trustees by:

Dr Philip John Anscombe (Chair) Trustee

The Fox Project (Southern Wildlife Ambulance Network)

Independent Examiner's Report to the Trustees of The Fox Project (Southern Wildlife Ambulance Network)

Year Ended 5 April 2022

I report to the trustees on my examination of the financial statements of The Fox Project (Southern Wildlife Ambulance Network) ('the charity') for the year ended 5 April 2022.

Responsibilities and Basis of Report

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

I report in respect of my examination of the charity's financial statements 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 Examiner's Statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.

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:

accounting records were not kept in respect of the charity as required by section 130 of the Act; or
the financial statements do not accord with those records; or
the financial statements do 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.

Jane Ascroft FCA MA (Cantab) Independent Examiner

Enterprise House Harmire Enterprise Park Barnard Castle County Durham DL12 8XP

The Fox Project (Southern Wildlife Ambulance Network)

Statement of Financial Activities

Year Ended 5 April 2022

		2022		2021
		Unrestricted
		fundsTotal funds		Total funds
	Note	£	£	£
Income and endowments
Donations and legacies	4	772,309	772,309	–
Other trading activities	5	18,412	18,412	–
Investment income	6	121	121	–
Other income	7	2,667	2,667	–
		`─────────`	`─────────`	`────`
Total income		793,509	793,509	–
		`═════════`	`═════════`	`════`
Expenditure
Expenditure on raising funds:
Costs of raising donations and legacies	8	3,226	3,226	–
Costs of other trading activities	9	8,903	8,903	–
Expenditure on charitable activities	10,11	299,415	299,415	–
		`─────────`	`─────────`	`────`
Total expenditure		311,544	311,544	–
		`═════════`	`═════════`	`════`
Transferred from unincorporated charity		830,874	830,874	–
		`─────────`	`────────────`	`────`
Net income and net movement in funds		1,312,839	1,312,839	–
		`═════════`	`════════════`	`════`
Reconciliation of funds
Total funds brought forward		–	–	–
		`─────────`	`────────────`	`────`
Total funds carried forward		1,312,839	1,312,839	–
		`═════════`	`════════════`	`════`

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 8 to 15 form part of these financial statements.

The Fox Project (Southern Wildlife Ambulance Network)

Statement of Financial Position

5 April 2022

		2022	2021
	Note	£	£
Fixed Assets
Tangible fixed assets	16	20,669	–
Current Assets
Debtors	17	16,400	–
Cash at bank and in hand		1,276,370	–
		`────────────`	`────`
		1,292,770	–
Creditors: amounts falling due within one year	18	600	–
		`────────────`	`────`
Net Current Assets		1,292,170	–
		`────────────`	`────`
Total Assets Less Current Liabilities		1,312,839	–
		`────────────`	`────`
Net Assets		1,312,839	–
		`════════════`	`════`
Funds of the Charity
Unrestricted funds		1,312,839	–
		`────────────`	`────`
Total charity funds	20	1,312,839 `════════════`	– `════`

These financial statements were approved by the board of trustees and authorised for issue on ........................, and are signed on behalf of the board by:

Dr Philip John Anscombe (Chair) Trustee

The notes on pages 8 to 15 form part of these financial statements.

The Fox Project (Southern Wildlife Ambulance Network)

Statement of Cash Flows

Year Ended 5 April 2022

	2022	2021
	£	£
Cash Flows from Operating Activities
Net income	1,312,839	–
Adjustments for:
Depreciation of tangible fixed assets	4,801	–
Other interest receivable and similar income	(121)	–
Tangible fixed assets transferred from unincorporated charity	(25,470)	–
Accrued expenses	600	–
Changes in:
Trade and other debtors	(16,400)	–
	`────────────`	`────`
Cash generated from operations	1,276,249	–
Interest received	121	–
	`────────────`	`────`
Net cash from operating activities	1,276,370	–
	`════════════`	`════`
Net Increase in Cash and Cash Equivalents	1,276,370	–
Cash and Cash Equivalents at Beginning of Year	–	–
	`────────────`	`────`
Cash and Cash Equivalents at End of Year	1,276,370	–
	`════════════`	`════`

The notes on pages 8 to 15 form part of these financial statements.

The Fox Project (Southern Wildlife Ambulance Network)

Notes to the Financial Statements

Year Ended 5 April 2022

1. General Information

The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is The Lodge, Kings Toll Road, Pembury, Kent, TN2 4BE.

2. Statement of Compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Charities Act 2011.

3. Accounting Policies

Basis of Preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going Concern

There are no material uncertainties about the charity's ability to continue.

Judgements and Key Sources of Estimation Uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The trustees are not aware of any significant errors or judgements affecting these accounts.

Fund Accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

The Fox Project (Southern Wildlife Ambulance Network)

Notes to the Financial Statements (continued)

Year Ended 5 April 2022

3. Accounting Policies (continued)

Income

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.

Expenditure

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Tangible Assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

The Fox Project (Southern Wildlife Ambulance Network)

Notes to the Financial Statements (continued)

Year Ended 5 April 2022

3. Accounting Policies (continued)

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Motor vehicles - 20% straight line

Impairment of Fixed Assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial Instruments

The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Defined Contribution Plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Accrued income and tax recoverable is included at the best estimate of the amounts receivable at the balance sheet date.

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 deposit or similar account.

The Fox Project (Southern Wildlife Ambulance Network)

Notes to the Financial Statements (continued)

Year Ended 5 April 2022

3. Accounting Policies (continued)

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.

Taxation

The company is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the company is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

4. Donations and Legacies

		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2022	Funds	2021
		£	£	£	£
	Donations
	Donations and gifts	377,203	377,203	–	–
	Gift aid	16,400	16,400	–	–
	Legacies
	Legacies	377,028	377,028	–	–
	Grants
	Big Wild Thought	1,678	1,678	–	–
		`─────────`	`─────────`	`────`	`────`
		772,309	772,309	–	–
		`═════════`	`═════════`	`════`	`════`
5.	Other Trading Activities
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2022	Funds	2021
		£	£	£	£
	Merchandise	18,412	18,412	–	–
		`════════`	`════════`	`════`	`════`
6.	Investment Income
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2022	Funds	2021
		£	£	£	£
	Bank interest receivable	121	121	–	–
		`════`	`════`	`════`	`════`

The Fox Project (Southern Wildlife Ambulance Network)

Notes to the Financial Statements (continued)

Year Ended 5 April 2022

7. Other Income

		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2022	Funds	2021
		£	£	£	£
	Return of rent deposit	2,667	2,667	–	–
		`═══════`	`═══════`	`════`	`════`
8.	Costs of Raising Donations and Legacies
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2022	Funds	2021
		£	£	£	£
	Costs of raising donations and legacies	3,226	3,226	–	–
		`═══════`	`═══════`	`════`	`════`
9.	Costs of Other Trading Activities
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2022	Funds	2021
		£	£	£	£
	Merchandise	8,903	8,903	–	–
		`═══════`	`═══════`	`════`	`════`
10.	Expenditure on Charitable Activities	by Fund Type
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2022	Funds	2021
		£	£	£	£
	Charitable expenditure (see page 17)	299,415	299,415	–	–
		`═════════`	`═════════`	`════`	`════`
11.	Expenditure on Charitable Activities	by Activity Type
			Activities
			undertaken	Total funds	Total fund
			directly	2022	2021
			£	£	£
	Charitable expenditure (see page 17)		299,415	299,415	–
			`═════════`	`═════════`	`════`
12.	Net Income
	Net income is stated after charging/(crediting):
				2022	2021
				£	£
	Depreciation of tangible fixed assets			4,801	–
				`═══════`	`════`

The Fox Project (Southern Wildlife Ambulance Network)

Notes to the Financial Statements (continued)

Year Ended 5 April 2022

13. Independent Examination Fees

	2022	2021
	£	£
Fees payable to the independent examiner for:
Independent examination of the financial statements	600 `════`	– `════`

14. Staff Costs

The total staff costs and employee benefits for the reporting period are analysed as follows:

	2022	2021
	£	£
Wages and salaries	173,845	–
Social security costs	15,236	–
Employer contributions to pension plans	4,105	–
	`─────────`	`────`
	193,186	–
	`═════════`	`════`

The average head count of employees during the year was 8 (2021: Nil). The average number of full-time equivalent employees during the year is analysed as follows:

	2022	2021
	No.	No.
Fundraising	2	–
Charitable activities	4	–
Admin	1
Governance	1	–
	`────`	`────`
	8	–
	`════`	`════`

No employee received employee benefits of more than £60,000 during the year (2021: Nil).

15. Trustee Remuneration and Expenses

The trustees received no expenses or remuneration during the current or preceding year.

The Fox Project (Southern Wildlife Ambulance Network)

Notes to the Financial Statements (continued)

Year Ended 5 April 2022

16. Tangible Fixed Assets

		Fixtures,
		fittings and	Motor
		equipment	vehicles	Total
		£	£	£
	Cost
	At 6 April 2021	–	–	–
	Transfers	2,800	30,005	32,805
		`───────`	`────────`	`────────`
	At 5 April 2022	2,800	30,005	32,805
		`═══════`	`════════`	`════════`
	Depreciation
	At 6 April 2021	–	–	–
	Charge for the year	–	4,801	4,801
	Transfers	–	7,335	7,335
		`───────`	`────────`	`────────`
	At 5 April 2022	–	12,136	12,136
		`═══════`	`════════`	`════════`
	Carrying amount
	At 5 April 2022	2,800	17,869	20,669
		`═══════`	`════════`	`════════`
	At 5 April 2021	–	–	–
		`═══════`	`════════`	`════════`
17.	Debtors
			2022	2021
			£	£
	Gift aid recoverable		16,400	–
			`════════`	`════`
18.	Creditors: amounts falling due within one year
			2022	2021
			£	£
	Accruals and deferred income		600	–
			`════`	`════`

19. Pensions and Other Post Retirement Benefits

Defined contribution plans

The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £4,105 (2021: £Nil).

The Fox Project (Southern Wildlife Ambulance Network)

Notes to the Financial Statements (continued)

Year Ended 5 April 2022

20. Analysis of Charitable Funds

Unrestricted funds

Unrestricted funds
						Transferred
						from
			At		unincorporated		At
	6	April	2021	Income	Expenditure	charity	5 April 2022
			£	£	£	£	£
General funds			–	793,509	(311,544)	830,874	1,312,839
			`════`	`═════════`	`═════════`	`═════════`	`════════════`
			At			Gains and	At
	6	April	2020	Income	Expenditure	losses	5 April 2021
			£	£	£	£	£
General funds			–	–	–	–	–
			`════`	`════`	`════`	`════`	`════`

21. Analysis of Net Assets Between Funds

	Unrestricted	Total Funds
	Funds	2022
	£	£
Tangible fixed assets	20,669	20,669
Current assets	1,292,770	1,292,770
Creditors less than 1 year	(600)	(600)
	`────────────`	`────────────`
Net assets	1,312,839	1,312,839
	`════════════`	`════════════`

22. Analysis of Changes in Net Debt

Cash at bank and in hand

2021	Cash flowsAt 5 Apr 2022	Cash flowsAt 5 Apr 2022
£	£	£
–	1,276,370	1,276,370
`════`	`════════════`	`════════════`

The Fox Project (Southern Wildlife Ambulance Network)

Management Information

Year Ended 5 April 2022

The Following Pages Do Not Form Part of the Financial Statements.

The Fox Project (Southern Wildlife Ambulance Network)

Detailed Statement of Financial Activities

Year Ended 5 April 2022

	2022	2021
	£	£
Income and endowments
Donations and legacies
Donations and gifts	377,203	–
Gift aid	16,400	–
Legacies	377,028	–
Big Wild Thought	1,678	–
	`─────────`	`────`
	772,309	–
	`─────────`	`────`
Other trading activities
Merchandise	18,412	–
	`────────`	`────`
Investment income
Bank interest receivable	121	–
	`────`	`────`
Other income
Return of rent deposit	2,667	–
	`───────`	`────`
	`─────────`	`────`
Total income	793,509	–
	`═════════`	`════`
Expenditure
Costs of raising donations and legacies
Cost of raising donations and legacies	3,226	–
	`─────────`	`────`
Costs of other trading activities
Merchandise	8,903	–
	`───────`	`────`
Expenditure on charitable activities
Salaries	173,845	–
Employer's NIC	15,236	–
Pension costs	4,105	–
Ambulance, fuel and maintenance	20,591	–
Consultancy	1,400	–
Office, information bureau, communications	22,123	–
Depreciation	4,801	–
Veterinary, feed, animal housing	52,593	–
Other costs	4,721	–
	`─────────`	`────`
	299,415	–
	`─────────`	`────`
	`─────────`	`────`
Total expenditure	311,544	–
	`═════════`	`════`
Funds transferred from old charity	830,874	–
	`─────────`	`────`
	`────────────`	`────`
Net income	1,312,839	–
	`════════════`	`════`