Annual Report and Accounts 2025 (April 2024 - April 2025) The Helvellyn Foundation
Contents Message from the Trustees Our Mission How We Work 2025 Partners Overview Funding Overview
Trustees: William Holmes Lauren Gupta Aebecca Holmes Established: August 2020 Registered Address: The Helvellyn Foundation: PO Box 501, Wilmslow, SK9 OJY F4eglstered Charlty,, 1190948 Message from the Trustees The past year has been a period of careful thought and significant change here atThe Helvellyn Foundation. As a small, family-run and funded organisalion, we've always valued the personal, long-term relationships we build with everyone we fund.That closeness makes any straiegic shift deeply felt. As a result, we've provided our final grant this year to ourWILD Programme partners: which was always intended to LE a three year programme. However, it is always difficult to say gDodbye to a pxrtner, especially when Iheyare doing such impacttul and important work! Thank you lo everyone in our ne1work for your trust and commitment. We can't wait to Share the impact of this newly fDcused chapter in the years to come. Best Wishes, TIE Helvellyn Foundation Trustees Vle continue tc be inspired by our reluming Legacy Partners such as Foundation for Environmental Educalion, Chengeta Wildlile, and larine ConseNation Society, and we appreciate Ihe open, honest ConversatnS we ha'de with them that shape ourfunding approach. This year, we took the final steps in fully dedaling ourfunding ID the 'Thriving Nature, strategy. This means concentrating our efforts entirely on the biodiversity crisis, where we believe our resources can make the biggest diflerence. The Helvellyn Foundalion l Annu81 Report and Accounts 2025
Our Mission To live in a world where nature is thriving and everyone cares for it. In the future, we hope that nature will be flourishing across the world, and that everyone has the opportunity to benefit from and care for natura. We strive to support organisalions that are working towards this missw)n: whether that's through engaging young people in schools with the importance of the environrnent, or tra#iing rangers INod<ing al the front lines of ConseNati. The Helvellyn Foundallon l Annu81 Report and A¢¢ounts 2025
How We Work Partnershlp and Advocacy Our relationship with partners goes beyond the initial grant. We remain a resource throughout our Work together, olfering practical support such as designing leaming rnalerials, providing references, attending in-person and online events, or contributing to research. At The Helvellyn Foundation, our work is defined by Dur tmst- based approach. This means we operate with transparency and flexibility: dedicated to building slrong, enduring partnerships with the organisations we support. We dDn'l require fomial written reports. Instead, we conduct a 45-minute 'Fleview Call, annually. This is a chantOr a mutual uwlale, where we openly discuss the past year successes and challenges, and look forNard to the next steps. F05tering Authentic Partnerships No Applibation Forms.. We skip lengthy apFlicalion processes. Instead, we use desk-based research, network referrals, and our quick online'say hdlo, fomi lo identify potential partners. Championing Change in Philanthropy In 2024 and 2025, our commilmentto this model extended into active advocacy. Several Helvellyn Foundation Trustees SFX)ke on Vario sector panels to thare our eKperience and encourage other philanthropists and grantmakers to adopt this impactful, trust-based approach to giving. We are proud to be playing a small part in driving this shift toward more equitable and effective philarthropy. Initial Outreach. OrKe we identify a promising fit, we invite them lo an 'lntro Call'_a straightforward conversation to explore alignment. We provide clarity on the nature of the call in advance. Unrestricted Funding.. Our commrtment is to provide funding that is alivays unrestricted and multi-year whenever possible. We trust our partners as the true experts in Iheirfields, posilioning them to make the best decisions about how and when to use the resources. The Helvellyn Foundalion l Annu81 Report and Accounts 2025
2025 Partners Overview AMAZON tion *p Bumbkbee Conservation Trust SACRED HEADWATERS CHEN6rrA ACTION rthksto MARINE.. CONSERVATION REWiLDiNG •••, SOCIETV BRITAIN 4• FEE SCOT THE BIG SHAR URE TRUST AFRICAN WILDLIFE FOUNDATION THE ••1 OR(HARD WILDERNESS PROJE(T Wildlile and Countrysié• FOUNDATIOII UK Li N l< Vincent Wildlife Trust The Helvellyn Foundallon l Annu81 Report and Accounts 2025
Thriving Nature WILD Prc*Jramme Funding Overview OTAL GRANTS 904,55 Thriving Nature New Joiners 1000000 800000 Our funding ihis financial year was split across three calegories.. 600000 £206,725 Thrlvlng N8ttire These are partners we have been funding for 3+ years and who recently moved into our"Thriving Nature" calegory under our new strategy. 400000 WILD Programme These partners are part of our WILD Programme and this years grant is the final ant of a three year partnership. £533,329 200000 Thrlvlng Natrire New Jolners These are partners we have recently started funding after launching of 'Thriving Nature. slrategy. All Grants The Helvellyn Foundalion l Annu81 Report and Accounts 2025
The Helvellyn Foundation (* Q 25 The Helvellyn Foundaknon. All rights reserved. Reyislered Charity Number: 1190948
Charlty Reglstratlon No. 1190948 THE HELVELLYN FOUNDATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
THE HELVELLYN FOUNDATION LEGALAND ADMINISTRATIVE INFORMATION Trustees WS Holmes L R Gupta R L Holme5 Charity number 1190948 Principal addreBS PO Box 501 Wilmslow SK9 OJY A¢¢ountsnts Shepherd Private Clients Limited First Floor, Oakwater House 4 OakwaterAvenue Cheadle Royal Business Park Cheadle SK8 3SR Independent examiner PM+M Solutions for Business LLP New Century House Greenbank Technology Park Challenge Wdy Blackbum BB1 5QB
THE HELVELLYN FOUNDATION CONTENTS Page Trustee report Independent ex8min&rfs report Statement of finanrial activities Balan sheet Statement of cash flows Notes to the financial statements 7- 11
THE HELVELLYN FOUNDATION TRUSTEE REPORT FOR THE YEAR ENDED 5 APRIL 2025 The Trustees piesent their annual report and financial statements for the year ended 5 April 2025. The financial staternents have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Foundation's governing document. the Charities Act 2011 and "Accounting and Reporting by Chaiities." Staternent of Recotnmended Piactice applicable to charities piepaiing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191. Objectives and activities The objectives of the Foundation are to advance such ¢harit8ble purposes18cwrding to the 18w of England and Wales) as the trustees see rrt frotn time to time, in particulai, but not limited to". l. the prevention or relief of poverty in the Unrted Kingdom for the public benefit by assisting in such way as the charity trustees see fil other organisations whose aims include.. a. providing grants. rterns and service8 to individuals in need andlor charities. or other organi8alions working to pievent or ielieve poverty b. undertaking and supporting research into factors that contribute to poverty and the most appropriate ways to mitigate these 11. the advancernenl in life and help for young people in the United Kingdom for the public benefit by assisting in such way a5 the charity trustees See rrt other oiganisations whose aims include providing support and activities which develop their skills, capacities and capabilities to enable them to participate In soaety as mature and responsible individuals., 111. the advancement of animal welfare worfdwide for the public benefit by assisting in such way as the charity tIU5tees see fit such organisations whose aims include prornoting humane behaviour toward5 anirnals by providing appropriate care, protection, treatment and security for animals which are in need of care and attention by reason of sickness, maltreatrnent, poor circumstan$ or ill usage and to educate the public in matters pert8ining to 3nimal welfare in general and the pievention of cruelty and suffering among animals., Iv. the advancement of environmental protection or improvement worldwide for the public benelrt by assisting In such way as the charity trustees see fit such organisations whose aims include the education of tre public in the conservation, protection and improvement ol the physical and natural environrnenl lincluding bul not limrted lo promoting biologic81 diveistyl.. and v. the ielief of financial need and suffering among victims of natural or other kinds of disastei worldwide for the public benefit by assisting in such way as the charity trustees see organisations whose aims include providing support in the form of money lor other means deemed suitable) for persons. bodies. organisations andlor countries affected. Financial ravièw There is no minimum level of reserves which the Trustees seek lo rn8intain. This policy is reviewed by the Trustees from time to time. The Trustees have assessed the major risks to which the Foundation is exposed to, and are satisfied that systems are in place lo mitigate exposure lo the rrajor risks.
THE HELVELLYN FOUNDATION
TRUSTEE REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025
Structure, governance and management
The Trustees who served during the year and up to the date of signature of the financial statements were: WS Holmes
LR Gupta R L Holmes
None of the Trustees have any beneficial interest in the Foundation.
Statement of Trustee responsibilities
The Trustees are responsible for preparing the Trustee Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Foundation and of the incoming resources and application of resources of the Foundation for that year.
In preparing these financial statements, the Trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The Trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the Foundation and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the Foundation and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Trustee report was approved by the Board of Trustees.
.. @ .................. . WS Holmes LR Gupta Trustee Trustee Dated: .......30.01.2026. Dated: ........................ .30/01/2026 ................ .
..� .....
R Holmes Trustee Dated: ....................... .30/01/2026
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THE HELVELLYN FOUNDATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE HELVELLYN FOUNDATION I report to the trustees on my examination of the financial statements of The Helvellyn Foundation (the Foundation) for the year ended 5 April 2025. Responsibilities and basi¥ of report As the trustees of the Foundation you are responsible for the preparation ol the financial staternents in accordance with the requirements of the Charities 2011 (the 2011 Act). I report in respect of my examination of the Foundations's financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the 2011 Act. In(lependent examinerfs statement sin the Foundstion's gross incotne exceeded £250,000, the independent ex8minei must be a member of a body listed in section 145 of the Charrties Act 2011. 1 confirm that l am qualified to undertake the examination because I am a member of ICAEW, which is one of the listed bodies. Your attention is drawn to the fact that the Foundation has prepared fin8ncial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in preference to the Accounting and Reporting by Charities.. Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. l understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally A¢pted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. I have completed my examinab"on. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. accounting iecoids were not kept in iespect of the Foundation as required by section 130 of the 2011 Act., or the financial st8ternents do not 8ccord with those recoid8'. or the financial statements do not comply with the applicable requirements concerning the form and content ol financial statements sel out in the Charities (Accounts and Reports) Regulations 2008 other than any iequirernent that the financial 5t8tements gwe a true and fair view, which 15 not a mattel considered as P8rt 01 an independent examination. I have no concems and have come across no other rnatters in connection with the exarnination to which attention should be drawn in this report in ordei to enable a proper understanding of the financial st8ternents lo be ie8ched. 3010112026 signed.. Dated: ......................... Dean Rodgers PM+M Solutions for Business LLP New Century House Greenbank Technology Park Challenge Way 81ackburn BB1 5QB
THE HELVELLYN FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 5 APRIL 2025 Unrestricted Unrestricted funds funds 2025 2024 Note¥ Donations and legaaes 750.000 1,062,500 Charitable activities 907,890 824,140 Net Income for the perlod 1157,8901 238,360 Fund b818noes al 6 April 2024 365,687 127.327 Fund balances at 5 Aprll 2025 207,797 365,687 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activrties.
THE HELVELLYN FOUNDATION
BALANCE SHEET
AS AT 5 APRIL 2025
| Current assets Cash at bank and in hand Creditors: amounts falling due within one year Net current assets Income funds Unrestricted funds - general Notes 9 2025 £ 213,467 (5,670) The financial statements were approved by the trustees on ........................ . WS Holmes Trustee LR Gupta Trustee 30/01/2026 |
£ 207,797 207,797 207,797 2024 £ 375,347 (9,660) R Holmes Trustee |
£ 365,687 365,687 |
|---|---|---|
| 365,687 |
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THE HELVELLYN FOUNDATION STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 5 APRIL 2025 2025 2024 Cash flows from operatlng actlvltles Cash labsoibed byllgenerated from operations 1161,8801 242,560 Net cash generated from investing activities N•t cash g•n•ratèd from financing aetiviti•s Net Idecreaseifincrease in cash and cash equivalents 1161,8801 242.560 Cash and cash equivalents at beginning of year 375,347 132,787 Cash and cash equivalents at end of year 213,467 375.347
THE HELVELLYN FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 Aeetsunting polici•s Charity infomiation The Helvellyn Foundation is a charitable incorporated organisation registered at the Charity Commission for England and Wales. 1.1 Accounting convention The financial statements have been prepared in accordance with the Foundation's governing document, the Chaiitie5 Act 2011, FRS 102 The Financi81 Reporting Standard applicable in the UK and Republic of Ireland. and the Charities SORP Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021" The Foundation is a Public Benefit Entity as defined by FRS 102. The financial statements are ppared in sterling, which is the functional currency ol the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention.The prinapal accounting policies adopted are set out below. 1.2 Going concern At the time of approving the financial statements, the Trustees have a reasonable expectation that the Foundation has 8dequ8le resources lo continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concem basis of accounting in preparing the financial statements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives. 1.4 Incom• Income is recognised when the Foundation is legally entitled to it after any perf0rrnan conditions have been met, the amounts can be tnea5ured reliably, and it is probable that income will be received. Cash donations 8re recognised on receipt. other don8tions are recognised once the Found8tion ha5 been notified of the donation, unless perfomance condrtions require deferral of the amount. Income tax recoverable in relation to donations received under GiftAid or deeds of covenant is recognised at the time ol the donation. 1.5 Expendlture Expenditure 15 recognised once there is 8 leg8101 constructive obligation to tiansfei economie benerrt to third party, it is probable that a transfer of economic benefits will be required in settlement and the amount ol the obligation can be measured reliably. Expenditure is classified by activity. Governance costs are those incurred in connection with administrab.on of the company and compliance wth constitutional and statutory requirements. 1.6 Cash and cash equlvalents Cash and cash equivalents indude c85h in hand, deposits held at call with bank5, Other short-tertn liquid Investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts a shown within borrowings in current liabilities.
THE HELVELLYN FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025 Accountlng pollcles Icontlnuedl 1.7 Financial in5trurn8nts The Foundation has elected to apply the provisions of Section 11 'Basio Financial Instruments, and Section 12 'other Financial Instruments Issues, of FRS 102 to all of its financial Instruments. Financial instruments are recognised in the Foundation's balance sheet when the Foundation beC0S party to the contr8Ctual provisions of the instiumenl. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or lo re81ise the asset 8nd ee the liability simultsneou81y. Basic financial assats Basic financi81 a55ets, which include debtors and cash and bank balances, ale init1811y measured 8t transaction price including transaction costs and a subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financi81 assets classrfied as e&1Vable within one year are not amortised. Basic financial liabilities Basic finanaal liabilities, including creditors and bank loans are initially recognised at transaction pri unless the arrangement constitutes a finanang transaction, where the debt instrument is measured at the present value of the future payments discounted at a rnarket rale of interest. Financial liabilities classffied as payable within one year are not amottised. Debt instruments are subsequentty carried at amortised cost, using the effective interest rate rnethod. Trsde cieditors ale obligations to Pay foi goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are dassified as current liabilities rf payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are COgniSed initially at transaction price and subsequently measured at arnortised cost using the effective interest method. Dérecognition of finaneièl liabilities Financial liabilities are derecognised when the Foundation's contl8¢tu81 obligations expire or are discharged or eancelled. Donations and legacies Unrestricted Unrestricted funds funds general general 2025 2024 Donations and gifts Gift aid 600,000 150,000 850,000 212.500 750,000 1,062,500
THE HELVELLYN FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025 Charitablè aetiviti•s Charitable Charitable Expenditure Expenditure 2025 2024 Donations Bank charges 904,554 246 817.524 556 904,800 818.080 Share of g0Veman costs (see note 51 3,090 6,060 907,890 824,140 Support ¢ost8 Support Governance costs costs 2025 Support costs Governance costs 2024 Audit fees Legal and professional fees Independent exarninalion fees 8,060 6,060 1,080 1,080 2,010 2,010 3,090 3,090 6,060 6,060 Analysed beeen Charitable activrties 3,090 3,090 6,060 6,060 Net movement In funds 2025 2024 The net movernent in funds is stated after thargingllcreditingl.. Fees payable for the independent examination of the charity's financial staternents 3,090 6,060 Trustees None of the Trustees lor any persons connected with them) reiVed any remuneration or benefits from the Foundation during the year. Employe8S There were no employees during the year.
THE HELVELLYN FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025 Taxation The charity is exempt from taxation on its activities because all its incorne is applied for charitable purposes. Creditors.. amounts falling due within onè yèar 2025 2024 other creditois Accruals and deferred income 3,660 2,010 3,660 6,000 5,670 9,660 10 Unr•striet•d funds The unrestricted funds of the Charity comprise the unexpended balances of donations and grants which are not subject lo speoffio oonditions by donors and 9r3ntors as lo how they m8y be used. These include designated funds which have been set aside OLrt of unrestricted funds by the trustees for speafic purposes. At 6 April 2024 Incoming resources Resources expended At S April 2025 General funds 365.687 750,000 1907.8901 207,797 Prèvious yèar.. Incoming resources Resources expended At 5 April 2024 At 6 April 2023 General funds 127,327 1.062.500 1824,1401 365.687 11 Analy¥is of net as¥ets between fund¥ unrtricted funds 2025 At S April 2025= Current assetsllliabilitiesl 207,797 207,797 10
THE HELVELLYN FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025 11 Analysls of net assets between funds Icontlnuedl Unrèstricted funds 2024 At S April 2024: Current assetsllliabilitiesl 365,687 365.687 12 Related party transactions During the year, £3,66012024- £3.6601 w85 owed lo W S HolTnes. a trustee oflhe Foundation.