REGsfERED COMPANY NUMBER.. CE027163 IEn8Jand and Wales) REGISTERED CMARITY NUMBER: 1196505 Trurtees. Report and Unaudited Financial Statements forthe Year Ended 31 December 2023 for Neotropical Birding And Con5ervatlon Stephenson Smart (Eèst Wial Limited 10 Oak stet Fakenham Norfolk NR219DY
Neotropleal 81rding And Conservatlon ConteTrts of the Financial Statements for the Year Ended 31 DecÈmber 2023 Trustses. Report I to 5 Independmt ExamlneT'S Report Staternent of F4n4ndal Attlvltles Balance Sherf Notes to the Flnandal 5tatsments 9 to 13 Detstkd Statement of Flnancial Adlvlties 14 to 15
Neotroplcal Birding And Conservatlon Tru5tees' Report lor the Year Ended 31 December 2023 The members of the Counal of Neotropic318irdin8 and CTh)servation (hereafter 'NBC'I. who are all the trLtstees of hfBC. presenl their report wÈth the rtnanoal statements of NBC for the penod ended 31 December 2023. The trustees havè adopted the provisions of Accounting and Aeporting by (haritie5= Slatement ol Recommended PractÈce appllcable to charities Pfeparin8 thelr accounts in acu1rdan with the hnancial Reporting Standard applicable in the VK and Republlc of Ireland IFRS 102) leffective I lanuory 20191. Oble¢th5 aftd actlvl Oble<¥ves and alms NBC'S objectives are: 111 to advance the education of the public in Neotropical birds.. and 121 to promote. organise, carry on and encourage study. resear(h and conservation of Neotropical blrds. In fvrtherance of these oblerts NBC.. (al fosters an interest in the birds of the Neotropics amongst birdwatthers thughout the world.. Ibl increases awareness of the importance of 51tpport for conservation in the region- Icl mobÈltses the enthusiasm of birdwatche aetNe th the region to contribute to the conseryation of Ntotroptcal birds,. Idl acts as a fornm fof petsons interested in Neotropical birds by publi5hin8 materials conceming Neotropical birds- and lel makes small grants to fund omitholo8i(al and conseNation proiett5 in the frleotropKs.
Neotropical Birdlng And Conservation Trustees, Report for the Year Ended 31 December 2023 Oblèctivos •nd artSvibe5 Summary of maln aeiivltles n the section 'Athievements and Performan. below we de5uibe how in endar year 2023 we have advanced educatSon of the public in Neoiropical bird5 and the grants forcon5ervation of Neotropical bird5. Publlcations Durin8 the year, NBC carried fonAfard the pUblatiOn'S strate8y introdvced in 2009 and accordSngly by the year end one Issue of Cotinga and i$5ues of Neotropical Btrdine had been produced. The option of mernbers receivln8 their publtcatlons in di8ltal format (first 4ntroduce(l irt 20181 was continued and by the end of the year. 72 members ha(t chosen this Optlon. wtth another 76 membèr5 havin8 chosen di8ital and print. 155ues 32 and 33 of Negtropical Birding continued the trend set by previo issues with artides conternin¥ endan8Èred birds le.g. Ma8ellanic Wover of entIna & Chile and Yellow-naped Parrot of Hondurasl, 8irdlng &tes le.s. Costè Rica'5 osa Peninsul3 and Ecuadoe5 Playa Tarquil. Birdlng at the Cutting Edge le.g. the hope of findin8 Kin8let Calyptura in Brozill, re£Ènt taxonomic SplFts, Lumps and Shuffles and Book Reviews le.& Field Guide to the birds of the Dominican Republb¢ and Haiti). The t5sues also tncluded many colour images of rarely seen or photO8raphed species including the retently discovered Blutrthroaied Hillstar ol Ecuador. Issue 35 01 Cotinga comprisetl a range of stienee-based content with eight main papers tncluding topTrcs suth 4$, an annotated bird thecklist of t0 rrai15 in the Yun8as of B01r[a, a8gsiVe inluaclion between Black-headed TroBon & Slaty-tailed Troggn in Belize and an update on di5thbution of Sty8iari Owl in Pefu. There were atso 11 short communications on a variety of topics indudinE fitst records for Winganded Wien In Colombi¥ & Yellow-bllled Tlt. Tyrant In Uruguay anij new infrymation on the breedin8 biolo8y of Grey Elaenia in Bra211. We also nt out an &newsletter Èn March and November. keeptn8 mernber5 UP to date wlth NBC'S attfvtbS tncludin8 nservakn.on awards rnade in 2023 and reporttng on some recent'firsts. for Ecuador. Conseryatlon Award5 2023 wa5 another hi8hly 5uccessftJl year with a total of 8 awards being made {7 in 20221. The Brants totalled $24,500 durin8 the year1$22.964 in 20221. which means thai over the lart 23 years around £250,CK)O has been provtded to SUPPOrt Neotropical btrd conservabon projects. Projects approved in 2023 were as follows= -$5,000 for a projert lo exetute an artion plan to save the Bluwed GrnO0¥e of Brazil,. -$3,¢)00 for a projèrt to search ft•r the very rare 8oa Nova Tapaculo in BTazil.. -$3,aoo for a projett to reduce human disturbance Magellanit Plover at nesttng sites in Ar8entina and Chile,. -$3.000 fora project to collect data OA the endan8ered Black Rail near Sant¢a80. Chile.. -s3,0) for a proiert to research into thè population density of thè recenyy rediscoveied Anboquia 8rush-Finth in Colombia,. -$3,000 for a projert to define priority areas for c¢)n5ervation ol Santa Morta Parakeet in Colombia- -$3.000 for a project to evaluate the effects of urbani5ation on conservin8 the threatened Niceftsro's Wren of Colombia: & -$1,500 for a project to raise awareness arnon8 thildren and young people to protect Military Macaw in the famous Madidt reserve of 8oliwa. Attendance at Binl fair5 NBC attended the Global Birdf3ir at Oakham, UK in Juty 2023. This prowded an opportunity to meet members of the general public and our own members in order to explatn the need ro conserve threatened Neotropical birds the NBC ha5 accomplish sn thi5 fieFd. Davld Flsher Memorial Lerture At our lirst AGM we screened a lecture by Or. Alexander Lees entitletl 'Bird migration in the Neotropics., This is av311ablt on YouTube. The lerture was in honourof our former Chair. David Fisher, who is much missed.
Neotroplcal Blrdlng And Conservation Tnthes, Report fw the Year Ended 31 December 2023 Membershlp of Nec Membership of NBC stood at 539 by the year end. Pubuc b¢efft In setting our objectives and planning our actMtie5 NBCS Counol 15 aTa¥S mindful of Its respooslbllieS under the Charlty Cornmission's gutdance on public benefFL In Ikne with this= NBC offers reduted rate dr8itsl sUbsptionS for Neotropical nationa15 who cannoi afford ihe full 5ub5cription rate and also operates a 5porsored membership stheme allowtn8 nominated individuals to receNe N8C'5 pyblications for no cosL' - previous p8per5 frr)m older issues of NBCsioumal. Cotlnga. arè available f¢y free d¢)wnload trom the Website: and - N8C's conservation awards programmè prioritises projects run by Neotroplcal natlonals who mlght not othew5e have rea¢ aCS to fundin Athlevement and performance Review gf NBCS financial actlvities The total Income for the tharity wa5 £53,504. The %gnificJnt components ol iftcome L7n be found in notes 24 on page 10 of these finanoal statements. Totsl expenditure oft thèritable artNities was £54.153. The main tterTrs of expendire were 8rants to individua15 and irnstltutyons totalling £23.591 From a finanoal pèrspective. 2023 wa5 3 satisfartory year for the tharity. dthough there wa5 a drop in income from donation5. Wh15t mernbership subscriptions are the maln source of unrestritted income. NBCS Coundl would like to thank the organisations and Individuals who despite the on80ing economic effect of the wortdwide pandemiG t)everthele5S. tontinued to support NBC dudn8 the year, espeually the March Conservation Fund whose on8oln8 support makes a huge dilference to the number and size of conseThation awards which can be funded. The £18,863 spent on produung and distributing 5ouma15 wa5 the most 5ignificAnt expendlture whith NBC incurred. Th15 numberlndude5 expendlture fw Neotropical BSrdir 32 and 33 and Cotfft8a 45. Flnandal rwlew Investment pollcy obJectl¥es The majority of NBCS fvnd5 are held in Naiwest Bank. In thejudgement ofthe N8C's Counul, thi51s cUentlY the most appropdate form of investment for these monies althou8h wtth interest rates rising NBC'S Council wlll revlew holdin8 sorne money Kcounts with a better interest rate than Natwest presently provide. Reser¥es pollry NBCS Covncil has adopted a p(Aicy of maintning NBCS unrestritted funds at a level eqvrwalent to at least one year's nom)al Unrestrict eXpenditrj. N8Cs Counol believes this provides appropriate and sufficient faEftds to contlnue the current actwities ol the tharity in the evenl ol a significartrt drop in funding or IneaSe in expendltvre. It would obviously be nece$5ary to con5idei hDW lh& funding would be replaced or attivities thanged accordingly should suth an evwt o¢cur. Grnntamaktng policy Grants are made to fund ornithological and conservation projects in the Neotrow(s and are made both to locally based institutions ltypitally non-govemmental or8anisationsl aftd to ÈndNidua15 undertaking relevant re5earth on threatened speoes or habitats. Pieference is 8Nen to projetts undertaken by Neotropical nationa15 and where NBC'S ontribution pays for a significant percentage of the work. In retum for providin8 fundiTr& NBC requests rètiplèftts to provide a paper for possible publication in Colin80 or Neotropical Birding detailrng the results of the projecL
Neotroplcal Birding And Consefvatlon Trustees, Report for the Year Ended 31 December 2023 FUre plans NBC'S Covnol met in December 2022 to agree a new fve-year strate8ic plan12023-2027I. Thls sets out. in high-level terms. our goals lor the next five years. A synopsis of the Strate8y appears on our websile under the iab'our Mission,. Stru¢ture. ¥overnarKe and management Govemln¥ document The chartty Is constituted as a CIO wlth votin8 members. rts trustees and its governin8 doojment is based on the CIO assoaatlon model constitutson published by the Charity Commission fof England affld Wale5. (harlty con51itutk) The tharitable incorporated or8ani5ation was establi4hed ¢)n 10 November 2021 and [stered by the Charity Commission for En8land and Wale5 With the number 1196505. It was establtshed in order to acquire the undertaking ol the Neotropic318ird aub lan untncorporated association fonned under a trust deed and regIsted as a tharity on 16 August 1994 with the number 1040l3ereafteT referred to as'the predecessorfl. NBC atquired that undertsking wth effert from l Aprfl 2022 and accordlngty commenced activities on that date. Decislon rnakkng The charity Ss managed on a voluntary basis by the trustees, known tollertNdy as NBCS Counol. The first trustees were appointed with effect from re815tratioft of the CIO and thereafter the remalnlng trusiees were co-opted by the fiist trustee5. Each apptyntment terminate5 on the first AGM of the CIO. Thereafter trustees will be elected by the membets at that AGM to serve tsntsl the next AGM. NBC'S Couwl may ctropt trustee5 until the next AGM. The trustees are responsible the day-to-day runnin8 of the charity and typically rneet three times per annum with telephDne conference calls between meetings where and when this is deemed appropriate. Arèas of activity which 8enetally are distussed at each meeting indude updates from the thair, Setretary and Treasurer, as well as individual trvstees with specllic areas of re5pon5ibiltty- Indivldual trustees have day-to-dzy decision-makin8 authority wlthln their dedicated area of resps1111 and vrrithln the polities and constraints specified at meetings of trustees. The only sub4omrnittee operated by N8C during the year wa5 the Conservation Awards Committee whlth tonslders I conservation award appllcations and put5 recommendations to rtBCs Counul fapprov?1. Rlsk mana¥emeAt NBCS Council is Satisfied that It has 59U8ht to identify the major rlsks fated by the tharTrty and belleve appropriate measures have been taken to mitl8ate these risks. Thi5 is kept undef gUlar feview and discussed at NBC'5 Coundl meetlngs as and when necessary. Reference and administratl¥e dets Regt5tered Company number CE027163 IEn8land and Wales) Restered Charlty number 1196505 Regjstered ofFKe 9 Pound Cjose Long Ditton Sufbiton London 651W
he*oxal Birding And Conservatlon ". puxees Report fr> * Vear Ernded 31 Decernber 2023 . i.J - "e= 5 Go 8.4.20241 Exarniner ."Ea5". An8lial Liftuted -ce". of.he board of tNstees on 2Q June 2024 and Sed on rrs behalf by.. -.3irman
Independent Examiner's Report to the Trustees of Neotropical Birding And Conservation for the Year Ended 31 Detember 2023 Independent e¥amlner'5 report to the of NeotropKal Birdiry And Conservation Charttablt Incorporated Orpnisatton lhe Clo'} I report to the charity trustees on my examination of the financial slaternents of the CIO foi the year ended 31 December 2023 whith comprisè the Statement of F[nal31 Activitie5, the Balance Sheet and related notes. Thls report is made Sole to the tharitys trustee5. as a bo. in accordante with 5ectlon 145 01 the Charities Act 2011. My work has been undertaken so that I mi8ht state to the thari5 trustee5 th05e matter5 1 am required to state to them in thls report and for no other purpose. To the fullest extent permitted by Iw, I do not accept or assume reSpOnbIlltY to anyofte other than the ¢harity and the tharirfs trustees as a body, for my worl for this reporL or for the opinions I have lomied. Responslb1liti and basis of report A3 the charity trustees of the ao you are responsible for the preparation OF the financial 5taternents in attordance with the reqU1ments the Char4tie5 Act 20111-the ACVI. I rèport In respect of my examination of the Ct(Ys finan(ial statements rarried out under sertion 145 of the Act. In carrying out my exarnination I hzve followed all applicable Dlrectttsn5 gwen by the Chaty Commission under sectlon 14515llbl of the ACL An independént examltlation does not Invofve gathwlng all the eviden that would be required in an audlt and onsequently does not cover all the matters that an auditor consrders in 8rvinB therr opÉnion on the finanoal statements. The planning and conduct tsf an audr( g0è5 beyond the limited assurance that an independent examinaUon can provide. Consequentty l express no opinion as to whether thè financial statements present a 'true and lairf view and my report is limited to those specifie matter5 Set out irt the independent examinerfs statement Independent examheV$ 51atement I hove completed my L¥aminafion. I confSrm that no matters have Come to my attentlOA in connection with the exam¥nation 8tvinB me cause to belreve that in any fflaterfal respert.. accountin8 records wefe not kept ir* respert of the CIO as required by Sertion 130 of the Act: or the financial statements do not accord with those records.. or the finanoal statements do not comply with the applicable requirements conmIng the fom) and contènt of fFnancial statèments Set out in the Chèrities (Accounts and Reports) Regulation5 2(8 other than any reRulrement that the financial ststements give a true and fair view whtth is not a matter ton5idered as part of an independent examination: I have no mncems and have come across rtts Other matters in connèction with the ex3min3tion to whtch 2ttÈntion should be drawn in this report in order tt> enable a proper understandin8 of the finanoal $tements to be reached. ael Rowles FCCA Stephenson Smart IEast AnBlia} Llmited 10 Oak Street Fakenham Norfolk NR219DY Date.. 27thJune 2024
Neotroplcal Birdlng And Conservation statement of Financlal Activlties for the Year Ended 31 December 2023 Period 10.11.21 Year ended 31.12.23 Total funds 31.12.22 Totsl fvnds fund fund Income and endowmentsfr Donations and le8ades 2L343 3L478 52.821 131,465 Othertradin8 èctivttbes Investment income 648 35 213 35 22.026 31.478 53,504 131,684 Expendrturt o Raisln8 fvnds 287 287 Charitable artmtits Charitable 29,558 24.308 53,866 37,555 29.845 24.308 54.153 38,099 NET INCOMEIIEXPENDtruREI 17.8191 7,170 16491 93.585 Reconclllaiion of fvnds Totsl lund5 brought I04rd 66,741 26,844 93,585 Total fvnds carrltd fonward 58,922 34.014 92.936 93,585 The note5 form part ofthese financial statements
Neotroplcal Blrdlng And Conservation Balance Sheet 31 December 2023 31.12.23 Total funds 31.12.22 Total funds fund fund Current assets Stlxks Debtors Cash at bank 47 3,155 106,820 74.4(B 34.014 108,423 74.4(8 34,014 108,423 110.022 Credltors AMnts falling due within one year 115.4871 115,4871 116,4371 Net¢unent a55ets 58,922 34.014 92.936 93,585 Total assets kn rrent Ilabllltles 58,922 34,014 92.936 93.585 NET ASSETS 58,922 34,014 92,936 93,585 Funds Unrestricted fund5 Restricted funds 58,922 34,014 66.741 26,844 Total funds 92,936 93,585 The financial statèments were approved bythè Board ofTrustees and authorised for issue on 20 June 2024 and were signed on its beha by= Mr R l Jeffers- alrman The notes form part of these financial statements
Neotropical Blrding And Conservation Notes to the Financial Ststements for the Year Ended 31 December 2023 Accounting polkSes basi5 of prepadn8 the Ilnancial statements The flnancial statements of the charity, whith is a public benefit Entity under FRS 102. have been prepared In accordance wth the Charitie5 SORP IFRS 1021 'Accovntin8 and RepoFbng by (haritles: Statement ol Aecommended Practice applicable to tharitie5 preparing thelr accounts in accordan with the Flnancial Reporttn8 Srafidard applicable in the UK and Repvblrc of Ireland IFRS 1021 (effective l January 20191.. Finènual Reportlng Standard 102 Th Financial Reportin8 Stsftdard applicable in the UK ?nd Republic of Iland, and the arities Act 2011. The linancial strternents have been prepared under the historical cost convention. Income All income is recognlse(l in the stsiement of Fnantial Aafvities once the charity has entitlèment to the hjnds. It Is probable thal the income wll be receF¥ed and the amount can be rneasured reliably. Expenditure Liabillties are recnIsed as expendibjre a5 500n as there ts a legal or C(struCve obllgation committing the charity io that expenditu, It is probable that a transfer of economic beneftts wll be required in settlement and the amount of the oblEaiion can be measured reliably. Expenditure r5 accounted for on an accruals basls and has been dassified under headings that aggregate all cost related to the £ate80ry. Where costs cannot be direcvy attdbuted to particular headin85 thty have been allooted to adivitie5 on a 15 consisteFtrt ¥Mth the use of resources. Grants offered 5ubjett to condikn.ons whith have not been met at the year end date are noteLI a5 a ommitment but not actftred as expenditure. Stocks Stocks are valued at the lower of cost and net realisable value, after makin8 due allowance for obsolete and slow moving tt•n5. Ta¥*lon The charity is Èxemptfrom corporation tsx on Its tharitable athwtie5. Fund accounthig Unrestricted funds can be used in accordance wrth the charitable objectives #the dÉscfetion of the trustees. Rèstricted fijnds can only be used for particulzr restricted purposes within the objects of the charfty. Restrietions arise when specified by the donor orwhw) funds arè rased for party(ular restricted purpnses. Further explanation of the nIre and purpose of each lund s induded In the ne5 to the finandal ststements. Foreign currenc5 Assets and liabilitles in forei8n currwoes are translaied into sterflng at the rates ol exchange rullng at the balante $hEet date. Tran53rtion5 in foreign currenoes are translated into steding at the rate of exchange ntling at the date of tranSaCEion. Exthange differen are taken into account in arriving at the operating result.
Neotropical Birding And Conservation Notes to the Financial 5tatements- continued for the Year Ended 31 Deconber 2023 Donatlons and fewle5 Perbd 10.11.21 to Year ended 3L12.23 Donatiix Glft aid subscriptions Raffle 33.259 115,207 19331 17,191 18,966 S96 51821 131,465 Othertradkng artl%rftles Perlod 10.11.21 Year ended 31.12.23 31.12.22 Sale of merchandise 213 In*sknent intorne Perlod 10.11.21 Year Ènded 31.12.23 Yi.ll.22 DÈp051t account Inte$t 35 Tru5tees' remunernon and beneffts There were no tru$tee5' remLtneration or other benefits for the year ertded 31 December 2023 nor for the peri¢xl ended 31 December 2022. Trustees. expenses There were no trustees, expense5 paid for the year ended 31 December 2023 nor for the period ended 31 Oecember 2022. A total of £845 was reimbursed to trustees during the year for expense5 pard by them on behalf ol the charity. io
Neotropical Birding And Conseryatlon Notes to the Financial Staternents- continued for the Year Ended 31 December 2023 Comp¥atl¥es for the statemènt of financlal ac Totsi funds fund Income and end0wrnts from DoTratFons and le8acie5 93.909 37.556 13L465 Other trading adivrties Investment incomè 213 213 Total 94.128 37.556 131.684 Expenthture on Raising fvnds 544 Chzritable artivitles Charitable 26,843 10.712 37,555 27.387 10.712 NET INCOME 66.741 26,844 93.585 Total fvnds carried lorwwd 66,741 26,844 93,585 31.12.23 31.12.22 Stocks 47 Debtors: amouTrts f3111n8 due wlthin ¢)ne year 31.12.23 31.12.22 Other debtors 3.155 li
Neotroplcal 8irding And Conservation Notes to the Financial Ststements- continued for the Year Ended 31 December 2023 Cr¢dltors.' arnounts fallln8 due within one 3L12.23 3L12.22 Other credltors Attrued expenses 10,687 10,437 15.487 16.437 io. Mrnerrt in fu*ds Net movement irtfunds At 31.12.23 At 1.123 Unfestfrtted fvnds Getberal fund 66.741 17.8191 58,922 Restrkted funds Resthrted fund 26,844 7.170 34,014 TOTAI FUND5 93,585 16491 91936 Net movement in funds, Induded in the above are as foEIow& kKoming re50ur(es Resource5 expended Movemerrt in funds Unrestrkted fvnds General fund 22.026 129.8451 17,8191 Aestrirted fund5 Aestritted fund 31.478 124.3081 7,170 TOTAL FUNDS S304 154,1531 16491 12
Neotropical Birdlng And Conservation Notes to the Financial Statements- continued for the Year Ended 31 l>ecember 2023 io. Movement In tsnds. tontuwed ComparatIlr movernent in Net movement In funds al..zI Unre5trkted fvnds General lund 66.741 66,741 Restricted fvnd 26A44 26W4 TOTAL FUNDS 93.SBS 93.585 Comparntwe net movement in funds. induded ITh the above are as folltsws: Incomin¢ Resources expended Movèment in funtts Unrestricted funds General fund 94.128 127,387) 66,741 Restrlcted fvnds RestrScted fund 37,556 110.7121 2644 TOTAL FUNDS 13L684 138,0991 93,585 Restricted fund5 are for the Con5eTratson Award5 Program IfAPI which allocates 8rant5 to reciplents for spetific projects in relation to the purpose of the diarity of bird conservat¥on. Grant application5 are first vetted by the CAP Sub comrnittee before they a put forward for approval by the Coun£il. RÈlad party dlsclosures There were no related party transacttons for the year wlded 31 Oecember2023. 13
Neotn)plcal Birding And Conservatlon Detalled Ststement of Flnanclal Artivitses for the Year Ettded 31 December 2023 PerNxI 10.11.21 Year ended 31.IZ23 31.12.22 Inrne and endo¥mients Donations and lep¢les Donati0¢75 Gift ald Sub5uiptions Raffle 33,259 115.207 19331 17.191 18,%6 596 52.821 131,465 Othertrad1 artryittes Sale of merthandise 213 Inve51ment Income Deposit aCCO(Fnt tnterest 35 Totsl IoMing resources S3.S04 13L684 Expenditu OthertradingartThYitles Purchases 287 Charttsble artkntte5 Publlcatlon costs Postage Grants to in$titutions Grants to individuals 15,761 3.102 12.519 IL072 14,086 3.555 5,257 4,9S6 42,454 27.854 Support costs Mana8ement Blrdfair. meeting5 & raffle Insurance Website expenses Stationery and sundry expenses Admin ofconsekvation awards AdminSstratson of membership Carried forward 2.645 181 763 71 499 181 762 182 499 500 4.430 4.759 This P3Ee does not form part of the statutory financial statements 14
Neotroplcal Birdlng And Conservatlon Detailed Statsment of Flnanclal Artivitles for the Year Ended 31 Deeember 2023 Period 10.11.21 to 31.12.22 Year ended 31.12.23 Managernent Brought fonard Foreign exchan8e lossll8atnl 4,759 932 4,430 12231 5,691 4,207 Finance Bank thargès World pay charges Strfpe charges 3YJ 120 574 562 921 694 Governance costs Accctuntanty legal fee5 4,8C¥) Total resources expended 54.153 38.099 Net lexpendlturelTincome 16491 93,585 This page does not form part of the statutory financial statements 15