Registered Charity No.: 1194359
BORNEO NATURE FOUNDATION INTERNATIONAL
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
AFFINITY ASSOCIATES ICAMBRIDGEI LIMITED
ACCOUNTANTS AND STATUTORY AUDITORS
MILL HOUSE MILL COURT
GREAT SHELFORD
CAMBRIDGE
CB22 5LD

Bomeo Nature Foundation International
Trustees. Report and Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Charity Information
Trustees, Report
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
10
Notes lo the Financial Statements

Bomeo Nature Foundation International
Reference and Administrative Infomiation
For The Year End 310ecember 2024
Trustees:
Mrs. Laura Jacqueline D'Arcy Ichairl
Dr David John Chivers
Mr. Andrew Nicholas Cliffe
Ms. Claire Suzanne McLardy
Ms. Eleanor Marie Monks
Dr Susan Elizabeth Page
Ms. Victoria Helen Smith
Charlty Number:
1194359
Reglstered Offlce:
Tremough Innovation Cenlre,
Penryn Campus,
Penryn
Cornwall TR10 9TA
Accountants..
Affinity Associates Icambridgel Limited
Accountants and Slatulory Auditors
Mill House
Mill Court
Great Shelford
Cambridge
CB22 5LD
Independent examiners..
Tayabali & While
Chartered Accountants
5 High Green
Great Shelford
Cambridge
CB22 SEG

Bomeo Nature Foundation International
Trustees, Report For The Year Ended 31 December 2024
The Trustees present their report together with the financial statements of Bomeo Nature Foundation
International IBNFII for the year ended 31 December 2024.
The Trustees confirm that the annual report and financial stslements of the charity comply with the
current slatulory requirements, the requirements of the charity's governing document and the provisions
of the Charities SORP IFRS1021- second edition (October 20191.
Introduction
Borneo Nature Foundation IBNFI is the trading name of 3 affiliated non-profit oryanisalions registered
in the UK (Borneo Nature Foundation Intemational, Charity No. l 194359), Indonesia (Yayasan Bom80
Nature Indonesia, Foundation with Registration No. 73. 072.023.2-711.000) and France (Bomeo Alature
Foundation Frnnce, Association Loi 1901 with Registration No. W012015356) and working together
with a shared mission and vision. to collaborate lo protect Borneo's rainforest, one of the most important
on Earth, with science, community-led conservation and education., for a world where people and nature
thrive.
With a 24-year track record of conservation action, BNF has grown from a pioneering research project
in the 1990s-exploring the little-known peat swamp forests of Sebangau into a leading conservation
organisalion. Today, our award-winning programmes restore degraded forests, safeguard endangered
species and empower local communities across multiple landscapes in Indonesian Borneo.
Our impact has been recognised globally, including through the Up-Link Trillion Trees Challenge, the
World Economic Forum's People's Choice Award, and the Keeling Curve Prize for climate solutions.
To build on this momentum, Borneo Nature Foundation International IBNFII was launched in 2021 to
strengthen global awareness, harness scientific expertise, and secure long-lerm financial support. In
2022, BNF France joined the network, extending our outreach and fundraising lo French-speaking
countries.
Together, these oryanisalions form a powerful partnership dedicated to protecting one of the wodd's
most vital ecosystems for future generations.
Structure. Governance and Management
Borneo Nature Foundation International IBNFII is governed by a Constitution dated 6 May 2021. The
Charity is a Charitable Incorporated Organisalion (Foundation model) under the control of its Trustees.
The Board of Trustees is the key body responsible for the governance of BNFI. The Scheme of
Delegation, aulhorised by the Board of Trustees, sets out the exlenl lo which the Trustees have
delegated responsibilities lo the Chair, Ils Commillees and the Chief Executive and Board of Directors.
Any delegated authority must be exercised reasonably and with due care and attention.
Decision-makers must consider the views of appropriate support services such as Finance, HR, Legal,
or of other colleagues who have specialist knowledge of the subject maller. Decisions taken under
delegated authority should always be tsken in such a way that they promote the efficient operation of
the Foundation's objectives. The scheme of delegation is reviewed every two years to ensure il is
relevant lo the circUmstan￿S of the day. The Board of Trustees al ils sole discretion may revoke the
scheme of delegation or any part thereof at any time.
The Board of Directors is formed of the Chief Executive and appointed Executive and Non-Execulive
Directors as approved by the Board of Trustees. The Board of Directors collectively develops and
implements a plan for delivering BNFI'S strategy and the policies and priorities of the Board of Trustees.

Bomeo Nature Foundation International
Trustees, Report for the year ended 31 December 2024 {continued}
Trustee Recrultment Process
Trustees are appointed for a term of four years by a resolution passed al a propedy convened and
quorale meeting of the charity trustees. In selecting individuals for appointment, the charity Iruslees
must have regard to the skills, knowledge snd experience needed for the effective administration of the
cio.
Each new charity trustee is provided with a copy of the current version of the constitution and a copy of
the CIO'S latest Trustees, Annual Report and Financial Statements.
A charity Iruslee may retire by notifying the CIO in writing and may otherwise cease to hold Offi￿ if
specific clauses In the Constitution are meL A Chair Is elected annually by vote leach Trustee has an
equal vote).
There musl be at least three charity Iruslees. If the number falls below this minimum, the remaining
trustee or trustees may act only to call a meeting of the charity trustees or appoint a new charity trustee.
The maximum number of charity Iruslees is twelve. The charity trustees may not appoint any charity
trustee if as a result the number of charity trustees would exceed the maximum.
Charitable Aims and Objectives
The Objects of the CIO, as set out in ils Conslitulion, are..
Environmental protection to promote, for the benefit of the public, the conservation, protection and
improvement of the physical and natLJral environment. This is achieved by conserving biological
diversity in Indonesian Borneo and by advocating for policies and practices that address the global
climate crisis.
Advancing education- to advance the education of the public in the conservation of tropical biodiversity
in Indonesian Borneo, including the promotion of study and research, provided that the results of such
research are made openly available to the wider public.
Promoting sustainable development- for the benefit of the public by..
preserving, conserving and protecting the environment and ensuring the prudent use of
natural resoU￿eS.,
relieving povety and improving living conditions in socially and economically dis8dv8n18ged
communities in Indonesian Borneo.,
promoting sustainable methods of achieving economic growth and regeneration.
Strategies to Achieve Our Objectives
To deliver these objects and ensure public benefit, BNF International employs the following slralegies..
Advancing scien
facilitating rigorous science in partnership with Indonesian and international
institutions better lo understand ecosystems, wildlife, and local communities and to infomi effective
conservation strategies.
Slrenglhening programmes- enhancing the effectiveness of Borneo Nature Indonesia's conservation
programmes through strategic advice, programme design support, monitoring and evaluation and
capacity-building opportunities for staff and partners.
Securing resources- raising funds through grants, long-lerm partnerships with corporate and individual
donors, NGOS, and zoos worldwide to sustain and expand conservation action in Indonesian Borneo.
Raising awareness
deploying global outreach and education initiatives to strengthen conservation
awareness and inspire meaningful action.

Bomeo Nature Foundation International
Trustees, Report for the year ended 31 December 2024 {contlnued)
Publlc beneflt
In setting these objectives and delivering our slralegies, the Trustees have had regard to the Charity
Commission's guidance on public benefit. Our work provides clear benefits to the public by safeguarding
globally significant rainforests, supporting local communities lo improve their wellbeing and livelihoods,
advancing scientific understanding of biodiversity and climate issues and inspiring global action on
conservation.
Performance and achlevements
AdvanciTng science..
Over the past 12 months, BNF International..
Published landmark research papers documenting the biodiversity impacts of and recovery
from fire disturbance in tropical peatlands, the ecology and conservation importance of lowland
mosaic heath forest on Borneoand environmental education impacts, among others.
Produced a ￿port for local government ￿gardIng biodiversity presence and conservation in
the Barilo Ulu landscape.
Supported novel student research projects, including two PhD lone Indonesianl, six masters,
I￿0 Indonesian) and three bachelors, projects (two Indonesian), on topics ranging from
bioacoustics to reforestation and ape ecology.
Built a new field lab for monitoring orangutan health, kickstarting research on this understudied
topic.
Facilitated multi-disciplinary research projects within the KaLi consortium, including on multiple
topics closely aligned with BNF'S goals le.g., reforestalionl, culminating in a highly successful
workshop in Palangka Raya allended by numerous local government and community
stakeholders that featured prominently in local media.
StrengtheniTng progr8mmes.'
Created and expanded a Datsbase repository lo store data and information from all of BNF'S
working areas
Finalised a Big Stats data file with all the information needed lo support funding proposals,
partnership pitches and outreach.
Provided quarterly processed Programmes M&E data to BNF international, especially important
for grant reporting
Analysed a huge tree planting, growth and survival dat8sel for our tree p18nting partners
Analysed the impact of canal-blocking on peatland hydrology
Assisted the development of BNF Indonesia's Annual Workplans and Annual Funding Matrix.

Bomeo Nature Foundation International
Trustees, Report for the year ended 31 December 2024 {contlnued)
S8curing rgsourcgs..
Continued successfully lo support Yayasan BNF Indonesia's conservation activities through a
focused fundraising strategy.
Stewarded 30+ existing partnerships with 1 OOO/D partnership retention and secured funding
through the submission of 59 funding proposals.
Recruited a Partnerships and Philanthropy Lead tssked with diversifying sources of income.
Developed 8 5-year zoo engagement strategy
Join the "Iyo for the Planer network to initiate new corporate partnerships
Formalised BNF'S due diligence policy and procedure to verify legitimacy and integrity of
potential funders, support greater transparency and accountability and protect beneficiaries and
reputation.
Rolled out a new Customer Relationship Management ICRMI sofvare internally to improve
worthow and data management.
Ralslng awareness
Led the creative brand strategy, mission and vision, presenting the idea lo Yayasan BNF
Indonesia and BNF International through pitches and workshops.
Redesigned the BNF website lo make content more attractive and accessible for online
audiences.
Successfully launched a Big Give campaign, "Givg a Dam" to raise partnership funding and
individual giving in support of our hydrology restoration acbvities. The campaign was extremely
well received.
Produced BNF'S impact report.
Sent 45 email newslellers to supporters in the past 12 months.
Oversaw an increase of web visits by 10,000, increase of social visibility by 35010, increase of
subscribers by 700, increase of brand exposure via advertising, radio, events and more of
250k+
Worked with external fundraisers and partners lo host jumble sales, vinyl nights and engaging
workshops for children., held local events at sustainability fairs, science fairs and careers fairs.

Bomeo Nature Foundation International
Trustees, Report for the year ended 31 December 2024 {contlnued)
Future Plans
Over the next 12 months, focus will remain on BNF'S core objectives.
In the Sebangau Landscape, BNF will..
Continue to implement the new 3-year agreement signed with the Sebangau National Park,
which extends our working area lo the entire Park area.
Continue to support the newly creative collaborative multi-stakeholder working group involving
the Sebangau National Park, BNF, l￿F and BOSF, initially focused on coordinating canal-
blocking efforts.
Carry out replanting in Medawai, a new restoration zone in the soulh-wesl of the Sebangau
National Park and will support the Pl PUM ecosystem restoration concession adjacent to the
Park as well as conduct a new project lo protect rainforest habilal In the buffer zone belween
the Park and Pl PUM.
Place an increasing focus on social forestry in buffer zones, including both established and
potential areas, partnering with like-minded NGOS in the region lo improve management of
social forests.
In the Rungan Landscape, BNF will..
Continue the transition from creating new social fO￿Stry areas to managing and protecting
existing ones,. and
Continue the work to establish a protected corridor lo include social forestry areas, government
protected areas and areas under private lease Iplanlations, ecosystem resloralion
concessions). BNF will also explore long-lerm funding under nature-based solutions schemes.
Cross-landscapes, BNF will increase ils focus on developing local capacity through..
more internal training.,
8 SC8led-up scholarship scheme for Indonesian students and partners to develop the next
generation of conservationists.,
a renewed education strategy to reach more people, in partnerships with the
communications team to ensure wider local awareness of our activities.

Bomeo Nature Foundation International
Trustees, Report for the year ended 31 December 2024 {contlnued)
Financial Review
Total income for 2024 was £713,370 with expenditure focused on programmes in Borneo and support
functions in the UK.
BNF International operates a reserves policy designed to hold sufficient unrestricted funds lo cover al
least three months, operating Costs and to manage financial risk. At year end, reserves stood at
£102,173, which Trustees consider appropriate.
BNF Intemational does not hold Investments beyond standard bank accounts and the charity has no
borrowings.
2024 principal funding sources (above £50,000 per yearl to BNF International came from The
Orangutan Project1£279,3551, Arcus Foundation 1£135,0491 and the US Fish and Wildlife Service
1£77,5421.
The Orangutan Project (TOPI is a long-term partner of BNF. TOP has supported the resloralion and
patrol work of the BNF team in the Sebangau landscape since 2009, our vital Scien￿ and monitoring
programme since 2013 and activities in the Rungan landscape since 2019. In 2024, TOP'S support
evolved to organisalional support across all areas of work of BNF.
Arcus Foundation is also a long-lerm partner of BNF, having provided grant funding continuously
through 3-year grant cycles since 2013. Arcus, latest grant provides general operating support that is
vital in helping us achieve landscape protection, restoration and fire prevention and capacity building,
training and research objectives.
Over the years, BNF has also successfully applied for funding, and received valuable support from the
US Fish and Wildlife Service, with the first gfftnl awarded in 2017. The current grant closes esrly in
2025 and has been funding personnel and programme costs for habitat protection, resloralion and
habitat monitoring activities.
Risk Management Approach
The Trustees recognise their responsibility for identifying, assessing and managing the risks faced by
BNF International In delivering charitable objectives. The principal risks identified during the reporting
period include..
FITnancial sustainabiTlity.' relian￿ on grant and partnership funding In a competitive and changing
landscape, mitigated by bringing in new stsff with expertise in corporate fundraising to diversify income
sources,. developing a prudent reserves policy,. close monitoring of cash flow,. and close allenlion to
donor retention.
Operational delivery.. logistical challenges and the risk of natural hazards such as fire, mitigated by
detailed risk assessments and miligalion measures developed for landscape-wide projects,. emergency
fire-fighting fund put in place.,
Performance risk,. failure lo achieve intended conservation outcomes or programme objectives due to
environmental, technical or capacity conslrainls mitigated by close coordination and communication
lines across BNF Indonesia and International to sel ￿aliStiC tsrgels in funding applications and report
and discuss any anticipated deviations lo funders in a timely manner,. staff training and staff recruitment
where appropriate to bring in relevant expertise.
Compliance and govemance risks.. ensuring Complian￿ with UK, Indonesian and international laws
and regulations, including safeguarding and data protections, miligaled by adoption of up-104ate
policies and procedures in line with BS8848 guidelines, regular coordination with relevant authorities
including Indonesian immigration and ensuring relevant agreements are in place, with lawyer oversight
where necessary.
Reputational risk.. potential harm from association with partners or funders whose values or practices
conflict with BNF'S mission and vision, mitigated by developing a robust due4iligenee policy and careful
monitoring of communications and stakeholder engagement.

Bomeo Nature Foundation International
Trustees, Report for the year ended 31 December 2024 {contlnued)
Reserves Policy
BNF International's reserves policy requires that general reserves are reviewed on at least an annual
basis to ensure they are at an appropriate level and sufficient to protect necessary expenditure in the
short term from any sudden drop in income. Applying the assumption set out in the policy, we have
decided for the 2025 fiscal year lo apply a range of £80,000 to £180,000 which represents
approximately 8 10 18 weeks of budgeted unrestricted funds expenditure.
Staff remuneration
The pay of all staff is reviewed annually according lo BNFI'S pay policy to determine cost of living
adjustments and whether any individual increases are warranted. In view of the nature of the charity,
the Trustees benchmark from time to lime against pay levels in other similar organisalions.
Statement of Trustees, responsibilities
The Charities Act 1993 requires the Iruslees to prepare financial statements for each financial year,
giving a review of the charity's activities during the year and showing its financial position al the end of
the year. In preparing those financial statements, the trustees should follow best practice and..
select suitable accounting policies and then apply them consislenuy.,
make judgements and estimates that are reasonable and prudent.,
prepare the financial statements on the going concern basis unless it is inappropriate to presume
that the charity will continue in business.
The Iruslees are responsible for keeping proper accounting records which disclose with reasonable
accuracy al any time the financial position of the charity and lo enable them to ensure that the financial
statements comply with the Charities Act 1993. They are also responsible for safeguarding the assets
of the charity and for taking reasonable steps for the prevention and detection of fraud and other
irregularities.
Indopgndont Examiners
The independent examiners are Tayabali & Vwiite, Chartered AccoLJntants, of Great Shelford.
Approved by the Trustees on
2025 and signed on their behalf..
Dai•& TIMO 31 Otl. 2￿5 15..r*..30GMT
Mrs Laura J D'Arcy- Trustee

Bomeo Nature Foundation International
Independent Examiner's Report for the year ended 31 December 2024
I report on the accounts of Bomeo Nature Foundation International for the year ended 31 December
2024.
Respective responsibilities of trustees and examiner
The TrLJStees are responsible for the preparation of the accounts. The Trustees consider that an audit
is not required for this period under section 43121 of the Charities Act 1993 Ithe 1993 Actl and that an
independent examination is needed. Having satisfied myself that the charity is not subject to an audit
under charity law and is eligible for independent examination, it is my responsibility to..
Examine the accounts under section 43 of the 1993 Act.,
Follow the procedures laid down in the general directions given by the Charities Commission lunder
section 4317llbl of the Act, as amended),
and slate whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordan￿ with the General Directions given by the Charity
Commission. An examination includes a review of the accounting records kept by the charity and a
comparison of the accounts presented with those records.11 also includes consideration of any unusual
items or disclosures in the accounts and the seeking of explanations from you as Iruslees concerning
any such matters. The procedures undertaken do not provide all the evidence that would be required
in an audit and consequently no opinion is given as lo whether the accounts present a 'lrue and fair
view, and the report is limited to those mallers sel out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to our attention..
111 which gives me reasonable cause lo believe that, in any material respect,
the requirements..
lo keep accounting records in accordance with section 41 of the
Act,. and
lo prepare accounts which accord with the accounting records
and to comply with the accounting requirements of the 1993 Act
have not been mel., or
121 to which, in my opinion, attention should be drawn in order lo enable a proper
understanding of the accounts lo be reached.
Dated..
31st October 2025
SRFWhite
For and on behalf of Tayabali & White
Chartered Accountants
5 High Green
Great Shelford
Cambridge
CB22 SEG

Bomeo Nature Foundation International
Statement of flnanclal actlvltles for the year ended 31 December 2024
Restricted
Unrestricted
Totsl
Total
funds
funds
funds
funds
2024
2024
2024
2023
Notes
INCOMING RESOURCES
Donations
351
265,033 265,384
213,782
Charitable 8Ctivities
184,237
242,887 427,124
449,560
Other toding activities
19,676
19,676
44,540
Investment income
1,186
1,186
1,171
Total Income
184,588
528,782 713,370
709,053
OUTGOING EXPENDITURE
Raising funds
186,505 186,505
189,747
Charitable activities
184.588
410,298 594.886
522,367
Total expenditure
184.588
596,803 781.391
712.114
Net deficit for the year being net
movement in funds
{68,021) {68,0211
13,0611
Funds brought forward al 1 January
2024
170,194 170,194
173,255
Transfer between funds
BALANCES CARRIED FORWARD
102,173 102,173
170,194
The notes on pages 1110 14 form part of the financial slatemenls.

Bomeo Nature Foundation International
Balance Sheet
As at 31 December 2024
Notes
2024
2023
Fixed assets
Tangible assets
10
2,600
417
2,600
417
Current assets
Debtors
Cash at bank and in hand
7,261
98,871
176,554
106,132
176,554
Creditors
Amounts due within one year
11
16,5591
16,7771
Net current assets
99,573
169,777
Total assets less current liabilities
102.173
170,194
Net assets
102.173
170,194
Unreslricled fvnds
102.173
170,194
Total funds
102,173
170,194
On behalf of the Trustees
Approved by the Trustees on
2025 and signed on their behalf".
Signed D'Ar
Mrs Laura J D'Arcy- Trustee
The notes on pages 1110 14 form part of these financial statements.
10

Bomeo Nature Foundation International
Notes to the Financial Statements for the year ended 31 December 2024
1.Accounting policios
Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance
with Awounling and Reporting by Charities.. Statement of Recommended Practice applicable to
charities In preparing their accounts in accordance with the Financial Reporting Stsndard applicable in
the UK and Republic of Ireland IFRS 1021 lèffeelive 1 January 20191.
Going concern basis of aeeounting
The accounts have been prepared on the assumption that the charity is able to continue as a going
concern, which the trustees consider appropriate having regard to the current level of unrestricted
reserves. There are no material Un￿rtaInlieS about the charity's ability to continue as a going concern.
Fund accountlng
General funds are unrestricted funds which are available for use al the discretion of the Trustees in the
furtherance of the general objectives of the Charity and which have not been designated for other
purposes.
Restricted funds are funds which are lo be used in accordance with specific restrictions imposed by
donors or which have been raised by the Charity for particular purposes. The costs of administering
such funds are charged against the specific fund.
Designated funds consist of monies earmarked by the Trustees for specific purposes.
Fixod Assets
Fixed assets are staled at cost or valuation. Depreciation is charged at the following rate..
Office equipment
33 /0 on cost
Foreign Currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling al
the balanee sheet date. Transactions in foresing currencies are translated into steHing at the rate of
exchange ruling at the date of Iransacb'on.
Pensions
The Charity operates a defined contribution pension scheme and the pension charge represents the
amounts payable by the Charity to the fund in respect of the year.
Recognition of income
Income is recognised and included in the Statement of Financial Activities ISOFAI when the charity
becomes entitled lo, and virtually certain lo re￿1Ve, the income and the amount of income can be
measured with sufficient reliability. Income receivable in cash as grants and donations is included in full
in the slalement of financial activities as soon as il is ascertainable. Miscellaneous sales and bank
interest are recognised on receipt. Identifiable income provided in kind is recognised as both income
and expenditure.
Recognition of expendituro
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs
and shared costs, including support costs involved in undertaking each activity. All expenses including
support costs and governan￿ costs are allocated lo the applicable expenditure headings. Raising
funds include all expenditure incurred by the charity lo raise fLJnds for ils charitable purposes and
includes costs of fundraising artivilies, events and non-charitable trading.
11

Bomeo Nature Foundation International
Notes to Financial Ststements for the year ended 31 December 2024 Icontinuedl
Donatlons
Restricted
2024
351
Unrestricted
2024
238,979
25.812
242
2023
Individual
Gift Aid
Donations al events
Give
donations
ivin
via online
lalforms
208,420
1,189
758
1,250
2,165
213.782
Le
Total:
£351
£265.033
Charitable Activities
Restricted
2024
69,787
41,535
66,058
6,857
Unrestricted
2024
7,754
8,899
151,894
60,350
2023
Government
rants
Grants and artnershi
s with Zoos
Grants and artnershi
s with NGOS
Grants and artnershi
s with Cor
orates
Transfer from
artner or
anisation
Total:
83,630
71,073
271,086
23,771
£184 237
£242 887
£449 560
Other Trading Activities and Income
Restricted
2024
Unrestricted
2024
6,167
2023
Field assistance to research students
rima
ose tradin
Field course
rima
ur
Consultanc
work
rima
Book sales
rima
Merchandise sales
Expenses repaid by partners {primary
ur
ose Iradin
Other
Total:
1,173
ose tradin
ose todin
ose Iradin
34,649
222
362
4,445
700
11,699
£19 676
3,689
Investment Income
Restricted
2024
Unrestricted
2024
£1.186
2023
Bank interest
£1.171
Expenditure on Raising Fund5
Support the furthèring of BNF'S conservation action in
Indonesian Borneo
Staff and contractor costs inc. taxes and pensions
Office costs
Travelling costs
Website and software
Operational costs
Allocation of support and govemance costs
Total
2024 Costs
2023 Costs
148,214
5,481
2,602
4,310
3,882
22,018
£186,505
143,792
18,120
16,050
1,840
5,872
4,073
£189,747
12

Bomeo Nature Foundation International
Notes to Flnanclal Statements for the year ended 31 December 2024 {contlnued)
Expenditure on Charitable Activities
Act for and
facilitate the
advancement
of rigorous
science
Enhance the
effectiveness
of BNF'S
conservation
ro
rammes
Strengthen
conservation
awareness
and inspire
action
69,139
2024
Total
2023
Total
Staff and contractor
costs inc. taxes and
ensions
Programme
lemenlalion costs
Office costs
Research e
Travellin
costs
erational costs
Allocation of support
and
overnance costs
Total
62,465
140,655
272,259
202,280
23,797
189,935
213,732
238,906
5,481
573
8,172
471
22,016
2,789
5,526
13,796
573
25,490
ment
9,981
3,551
22,016
4,738
1,565
22,016
22.579
7,387
12,219
5,587
66,048
£122.975
£368.927
£102.984
£594,886
£522.367
Support costs
Support and governance costs for 2024 amount to £88,064 (£16,292 in 20231 and have been
apportioned between the cost of raising funds and cost of charitable activities as follows.. 25O/D allocated
to cost of raising funds and 75'ts allocated to charitable activities and split evenly between..
11 act for and facilitate the advaneement of rigorous science,
21 enhance the effectiveness of BNF'S conservation programmes, and
31 strengthen conservation awareness and inspire action.
8. Cash flow statement
Statement of Cash Flov￿ for the year ended 31 December 2024
2024
2023
Net cash (used Inll provlded by
operating activities
178.8691
{3351
Net cash flows from investing activities
Interest received
Change in cash and cash equivalents
177.6831
836
Cash and cash equivalents brought forward
176 $54
175718
Cash and cash equivalonts carried forward
176554
13

Bomeo Nature Foundation International
Notes to Flnanclal Statements for the year ended 31 December 2024 {contlnued)
Average Number of Employees
Average number of employees, including directors, during the year was as follows. 912023 - 91.
10. Tangible fixed assets
Computer
Equipment
Cost:
At 1 January 2024
Additions
2,657
3,900
At 31 December 2024
6,557
Depreclatlon..
At 1 January 2024
Provided during the period
2,240
1,717
At 31 December 2024
3,957
Net book value:
Al 31 December 2024
2.600
Al 1 January 2024
417
11. Croditors - amounts falling due within one year
2024
2023
Accruals and deferred income
Pension creditor
4,332
2,227
5,120
1,657
6,559
6,777
12. Trustees, remuneration and expenses
Fees of £604 12023 £6041 for payroll and accounting services were paid to Affinity Associates
(Cambridge) Limited, fomierly Nicholas Cliffe & Co. Limited, a company of which A.N. Cliffe (Trusleel
is a director.
No other Iruslees received remuneration in the year ended 31 December 2024 12023
nil) and no
expenses were reimbursed lo other trustees in the year ended 31 December 202412023- nill.
14