REGISTERED COMPAf4Y NUMBER: CE028122 (Englklld #ttd Wale5} REGISTERED CHARITY NUMBER: 1197743 REPORT OF THE TRUSTEES AND UNAUDNED FINANCIAL STATEMENts FOR THE YEAR ENDED 31 DECEMBER 2024 FOR SAF4DWICH BAY BIRD OBSERVATORY TRUST Sputling Catjnon Chartered Ccrtificd Accountants 424 Margate Road W¢stwood Ramsgate Kellt CT12 OSJ
SANDWICH BAY BIRD OBSERVATORY TRUST CONTEf+lTS OF THE FINANCIAL STATEMENTS FOR THE YEAR EP4DED JI DECEMBER 2024 Page Report of the Trustees IDdepeDdent Examiller's Report Statement of Ftnanelal A¢tlvRtles Bo14nce She¢t Notes to the Fknaneial Stfitemellts 8 to 12 DetAfiled Statement of Flnanelal Aetlvitles 13 to 14
SANDIIryCH BAY BIRD OBSERVATORY TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 The tn]stees present their report with th¢ financial statemertts of the ¢l)arity foi the yrar ended 31 D¢cember 2024. Th¢ trnste¢s hav¢ adopt¢d th¢ provisions of Accounting and Rcporting by Charities.. Statement of Rvonjmellded PractÉce applicable to charities preparing their accounts in accordance with th¢ Financkal Reporting Slalldard applicabl¢ in the UK and Republic of Ir¢land (FRS 102) (effective l January 2019). OBJECTtVES AND ACTIvrrtES Objectives aln The objective of the Trust is to rccord, study and fi)rtber the conservation of wild birds and otber fauna and flord of Sandwich Bay. Kent, and its S0vding areas by iaisiThg awdrertess througb tbe provision of inforniation and advic¢. providing opportunities for Sdy. trnining a[ research; alld supplyillg accommodation for persons wishing to incr¢ase thcsr knowledge of thc above. the TnLSt will advancc the educatiou of tbe public. FUrthere, thc Trust will advise on wildlife-related issues to authorities and orgaDisarions withiu the local ¢ornmunity in order to fidfil its objwtives. Significant ac11tieS The Tnist keeps daily records of the tlora and fauna of the area iti which it operatcs. Records collated by tbe TLWt ar¢ passed on to various ])atioDal bodies responsible for thc diff¢r¢nt elements relating to th¢ flord and fauna. The Trust produces an annual report of these ie¢ords which is distributed to all rn¢D]bers and is available to purchase by th¢ public. The Trust owns land in the saTW1¢h Bay ar¢a ]lUding some land which 15 rented from the local golf club. This land includes b¥0 nature reserves and a scrape with two bird hides, most of the ar¢a being openly acce$sibl¢ to tbe public. It also eotttinues to be a centre for thc training of bird ring¢r$ with all ringers traincd and registered with the British Tnt for Ornithology. Rooms at thc field e¢ntre continue to bc availabl¢ to book to stay for a visit to the are& and th¢r¢ is a small shop on sJt¢. During the year to the end of December 2024, Éh¢ Trnst wried out different event$ and activities for both adults and children. These included walks. talks, trips. onlirte lecttu¢s. one day evcnts Mryth various themes, a bird migration day. alld a Christtnas fair. The education team worked witb ckn"Idren during thc year, aetlvilies increasing in the later part of tILe year - sOe activities were specifically arrang¢d for hollLe schooled children, other activiti¢s atranged to introduce al develop thildr¢ll's ulld¢rstanding of Éhe environment and being outdoors finding insects, birds, and tsth¢r flora and faurta. A nmjor project was completed durillg the fula1 year - the completion of th¢ DragoDfiy Fields project for which a siLficant amount of fiu)ding had bcon obtained during 2023 to purchase tbe fields. This project involved CLEatiug and developing 3 large ponds and a naturc trail for visitors to explor¢. A nature trail leaflet was iutyoduced. The proj¢ct was c¢l¢brai¢d with a special ¢v¢nt in Novemb¢r whcrc around 500 trees were plant¢d in the area by some of the key fiderS and members and childten who joined us on that day. FIIYAiYCL4L REVIEW FillancÉal positioll The results for the financial year show an overall loss of £11,844 aftei depreciation of £16,332. The net current asset position has increased from £255.691 to £2511,813. STRUCTURE. GOVE1114ANCE AND MANAGEIIIENr GoYernlDg document Th¢ charity is controlled by its gov¢ming docum¢nL its Collstitutio and constitutes a liDJit¢d company. limited by guarantee, as dered by the Companies Act 2006. Page I
SAWIcH BAY BIRD OBSERVATORY TRUST REPORT OF THE TRUSTEES FOR THE YEAR ELWED 31 DECEMBER 2024 STRUCTURE, GOVERNANCE AND MAI¥AGEMENT Organi5ational 5tructhre There were 5 employees during 2024 with the assistant warden completing their contract at tbe end of Dec¢rnber. voIEU]tcer assistant warden joined the team ill early 2025. The mrdell rnanages the day-to-day acttvities of the trust, working with the Chair and trll5tecs wtheT¢ necessary. The Imtees aTMI the Wdrden meet each monih for Council meetings. Committces ar¢ also in placc to maozg¢ regular activities of the Trust reportitkg back to the Coimcil meeting each month. These conimittees involve trnstees and some other VollteerS. We ask m¢mbers to join the eomrDittees as they w511 bave Yaluable skitls to 5UPPOrt tbe various trtLSt activitie5. Under the Constitution, a third of the trustees each year tllust offer themselves for re-election at each knual General Meeting ("AGM"l of the Ttwt. For 2024, this will be 5 tNstees who will need to be r¢<lecied at the AGM. The AGM for the financial year 2024 will take place on 8th Julle 2025. Ai tbe same tijne. new trnst¢es who joined the Council during 2024 and up to the date of the AGM. Jnust be ratified at the AGM. REFERENCE AND ADMINISTRATTrI DETAILS Registered Company number CE028122 (England and Wales) Registered Charlty Dumber 1197743 Regi5t¢red office Sandwich Bay Bird Observatory Trnst Guilfoid Rd Sandwich Bay Sandwich CT13 9PF Trustses Dr P A Worrall (resigned 2011212024) Mr E Hood Mr R Thompson Mr R A Crombet-Beol¢ns Mrs A W¢aving Mr P Poole MrsJPAJupe Mr RA Rackliffe MrMJWitty Mrs E K Draper (appointed 11912024) Mrs S Hunter Mr l A Searle (appointed 311512024) Mr G T E Stewart (appointed 11112025) Mr G de Rose Mr l Ma¢¢y Mr R Kinzler (appointed 101412025} Mr l Hunter (oppoint¢d Chair 8nll024) IndepeBdent Examiner Spurling Cannon Chartered Certified Accountant5 424 Margat¢ Road Westwood Ralljsgaie Kent CT12 6SJ Approved by order of the board of trustees OD .... .1.7...J..41.. ..2u2r. and signed on its behalf by.. Page 2
SANDWtCH BAY BIRD OBSERVATORY TRUST REPORT OF THE TRUSTEES FOR THE YLAR ENDED 31 DECEMBER 2024 Trustec Page 3
INDEPENDENT EXAMINER'S REPORT TO TItE TRUSTEES OF SAMlWtCH BAY BIRD OBSERVATORY TRUST IndepeDdenÉ examiner's report to the trustees of SaDdM4ch Bay Btrd Observatory Trust ('the Company,) I report to the charity trustecs on rny examination of the aecollllt$ of the Company for the year C[ed 31 De¢ember 2024. Re5ponsibiillles and bas15 of report As the eharitys trustees of th¢ Company (and also its directors for the purposc5 of company law} you ar¢ respoosible for Ihc prcparation of the accounts in accordance with tbe requirem¢llts of the Compallies Act 20061'th¢ 2006 ACVI. Having satisfied myself that the accounts of tbe Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent exaEt]Iati0ll, l Eeport in r¢spe¢t of my examination of your ebaritys accounts as carried out under Section 145 of the Charities Act 2011 {'tbe 201 l Act'l. In earryillg out my ¢xaminatiOJL I have follow¢d th¢ Directions given by the Charity CornmissioTh under Section 145{5) (b) of the 2011 A¢1. Independent examlTAer's statement I have completcd my examination. l eonfm that no rllatters hav¢ corne to my attention in connection 7th the examination giving m¢ cause to believe.. a¢counting r¢cords wer¢ not kept ill respect of the Company as rcquir¢d by Section 386 of the 2006 Act; or tILe accounts do not accord with those records. or the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any reqiiiretnent that the accounts give a trne and fair view which is not a matter considered as part of an independeni examsnation,. or the a¢counts hav¢ not been prepared in accoIdance with th¢ methods and prin¢iples of The StatetneTrt of Recommended Practice for accounting and reporting by charities {applieable to charities preparing th¢ir ac¢ounrs in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021). L have no eoncerns and bave come across no oth¢r matters in connection with th¢ examination to which attelliioll should b¢ drawn this report in order to enable a proper terstandillg of the accounts to be reached. Sophie Grallt FCCA Spurling Canllon Chanered Cerrifi¢d Accowitant5 424 Margate Road Westwood RaTDsgate Ketjt CT12 6SJ Date.. qL)Ir Page 4
SANDWICH BAY BIRD OBSERVATORY TRUST STATEMETr¥f OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 2024 Unrestricted fund 2023 Total Notes INCOME AND ENDOWMENTS FROM Donations and legacies 85,246 123,126 Oth¢r tradillg activities Investmcnt income 45,906 35,447 47,799 33,331 Total 166.599 204.256 EXPENDITURE ON R&isillg fill5 16,279 14.919 Cbarltmble a¢tAvitle$ General 162,164 118.919 Tfytal 178,443 133.838 NkT INCOMEI(EXPENDITURE) (11,844) 70.418 RECONCILIATION OF FUNDS Total fillhds brought forward 1,037,274 966,856 TOTAL FUNDS CARRIED FORWARD 1,025,430 1,037,274 The Thotss forni part of these finallciil staternents Page 5
SATr4DITrJCH BAY BIRD OBSERVATORY TRUST BALANCE SHEET 31 DECEMBER 2024 21124 Unrestrficted fund 2023 Total fidS Note$ FIXED ASSETS Tangible assets 766,617 781.583 CURRENT ASSETS Stocks Debtors Cash at bank 3,000 2,213 2911,288 2,500 2.132 273,995 295,501 278,627 CREDrroRS Amounts falling due witbin one year (36,688) (22,9361 NET CURRENT ASSETS 258,813 255,691 TOTAL ASSETS LESS CURREEfr LIABILITIES 1,025,4Jll 1,037,274 NET ASSETS 1,025,430 1.037,274 FUNDS Unrestricted fidS 10 1,02S,4311 1,037,274 TOTAL FUNDS 1,025,4311 1,037,274 The cbaritabl¢ ¢ompany is entitled to exemption from audit under S¢¢tion 477 of the compani Act 2006 for the year ended 31 December 2024. Th¢ mcmbers have not required the company to obrain an audit of its finan¢ial stat¢m¢nts for the year ended 31 Deccmber 2024 in #c¢ordanee with Section 476 of the Companies Act 2006. The trustees acknowledge rheir r¢spoMsibiliti¢s for (a} eThsuring that the charitable company keeps accowjting records tbat compty v4ith Section5 386 and 387 of thc Companies Act 2006 and preparing financial statements which give a and fair view of th¢ statc of affairs of thc charitabl¢ company as at the end of each financi31 ycar alld of its sitrpliis or deficii for each financial year in accordance wÈth the Tequir¢Iii¢Iits of Sections 394 and 395 and which otherwise comply ibe requirements of the Compani¢s Act 2006 relating to fllJaThcial stat¢m¢nts, so far as applicable to the charitable compally. (b) The tte$ form part of these financial %tateTnents Page 6 eontinu¢d...
SAF4DWICH BAY BIRD OBSERVATORY TRUST BALANCE SHEET- contillued 31 DECEMBER 2024 Th¢sc f¢>al statrnrnts have be¢n piepared in accordance with the provisions applicable to obaritable compaoies subject to the small companies regin. The financial statcrnents were approv by the Board of Trust¢¢S 2nd authorised for Éssue 17 J LIJ! ...%..... aud were siglled on its bchalf by: on Tnlstee The notcs forni part of these fin&llcÉal staternents Pag¢ 7
SANDWICH BAY BIRD OBSERVATORY TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE ENDED 31 DECEMBER 2024 ACCOUNTING POLlCtES Basis of preparlDg the financlal $taternetEts The financial stat¢ment$ of the charitable company, which is a public benefit entity under FRS 102. havc bcen prcpared in accordance with the Charities SORP {FRS 102) 'Accounting and Rcporting by Charitics.. Statement of Recommended Praetiec applicable to charities preparing thcir accoullts in 8ccordancc with th¢ financial ReportÉng Standard appli¢able in the UK and Repllblic of Irelalld (FRS 102) (effwtiv¢ l January 20191,. Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK aAd Republic of Irel2lld' and the Companies Act 2006. Th¢ financial statennts havc been prepared under the historical cost coThv¢ntion. ID¢otDe All income is recognis¢d in the St2tement of Financial Activities once the eharity has ¢ntttlernellt to th¢ finds, it is probable that the income will be received and th¢ amount catk b¢ measured reliably. Expendfiture Liabilities are recolsed as expenditure a5 soon as there is a l¢gal or constructÈve obligation committing th¢ charity Èo that expendimre, it is probable that a trallsfcr of cconomic bcnefits will bc rcquired in settlement and th¢ arnount of the obligation can be mcasured reliably. Expenditure is cOUnted for on an aC¢nlS blS and has been classified under headings that aggreg2t¢ ttll Cost related io the category. Where cost$ e3nnot bc directly attributed to particular headings they have been allocated ro activities on a basis constsient with the use of resources. Tanglble fixed 4S5etS Depreciation is provid¢d at the following annual rates in order to write off each asset over its estinted usefitl life. Stocks Stocks are vaiued at tbe lower of cost and net realisable value, after making du¢ allowance for obsolete and slow moving items. T4A&tion The charity is exempt from corporation tsx on its charitable activities. Fund accounting Unr¢5tricted fvnds can be used in accordance with th¢ charitable objectives at the discretion of the trstee$. R¢stricted fldS can only b¢ US for particular restricted purposes within th¢ objccts of th¢ charity. R¢strictions ar15¢ when Specified by the (lonor or when fLll5 are ralsed for particular restricted purposes. Further ¢xplan2tion of the nature and putpose of ea¢h fia is illcluded in tbe notes to the financial statements. OTHER TRADtNG ACTtvrrIES 2024 2023 Futmlraising events Shop incon SubscriptiODS Solar pattel incom¢ Courses and education Other income 4.203 8,597 22.334 3,976 5,493 1.303 4,832 11.287 24,475 4.720 2,485 45,906 47.799 Page 8 continu¢d...
SANDWICH BAY BIRD OBSERVATORY TRUST NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2024 INVESTMENT INCOME 21124 2023 Rents rc¢civcd D¢posit account interest 27,145 8J02 19,259 14,072 35,447 33,331 NET INCOMEIIEXPENDITURE) Net incomcl(CKpcllditure) is ststed after charging(crediting)'. 2024 2023 Deprecia(ion- owned assets 16J32 16,643 TRUSTEES, RIMUNE]L4Tiof4 Af+lD BEFITs There were no InleeS, remunerdtion or other benefits for the year ended 31 Decemb¢r 2024 nor for tbe y¢2r Cnded 31 Decemb¢r 2023. Trustees, expeD5e5 TILere were no trnstees, expellses paid for th¢ year ejed 31 Decclllber 2024 nor for the year ¢nded 3 1 D¢cember 2023. TANGIBLE FIXED ASSETS ImpTov¢m¢llL% Fr¢¢hold property Plant and hachinery Computer equipment property Totals COST At l January 2024 Additions 915,887 109,002 3J43 1,028,432 lJ66 lJ66 At 31 December 2024 91587 109,002 ]43 lJ66 1,1129,798 DEPRECIATION At l January 2024 Charge for year 195J67 8,515 49,932 6,868 1,550 498 246,849 16,332 451 At 31 DW¢ll¢r 2024 20J,882 56,80 2,048 451 263,181 NET BOOK VALUE At 31 December 2024 712,1105 52,202 IA95 915 766,617 At 31 Decemb¢r 2023 720,520 59,070 1,993 781,583 Page 9 contitiued...
SANDWICH BAY BtRD OBSERVATORY TRUST NOTES TO THE FINANCLIL sTATElENTs- continued FOR THE YEAR ENDED 31 DECEiWBER 2024 STOCKS 2024 2023 Stocks 3,000 2.500 DEBTORS: AMOUNTS FALLtNG DUE wrrHIN ONE YEAR 2024 2023 VAT Prepayments 705 1,508 1,856 276 2,213 2.132 CREDoRS. AMOUNTS FALLING DUE WITIIIN ONE ITAR 2024 2023 Trddc creditors Social STity and other taxes Other creditors A¢¢n[S al def¢rr¢d incorne 22 3,993 13,203 2.107 7,626 32,673 36,688 22,936 MOVEMENT tN FUNDS N¢t movemeni in funds Ai 31112124 At Iiir24 Unrestricted fund$ Gcneral fid 1,037,274 (11.844) 1,025,430 TOTAL FUNDS 1.037274 (11,844) 1,1125.430 Net movement in fid8, included in the above ate as follow5: Incoming resources Res0[e$ expended MOve[n in fid$ Unrestricted Geneydl fund 166,599 (178,443) (11,844) TOTAL F17NDS 166599 (178,443) (11.844) Page 10 continued...
SANDWICH BAY BIRD OBSERVATORY TRUST NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEIMBER 2024 io. MOVEMETrff IN FUM)S- eolltlllued Comparatlves for nkn1venllt In funds Net movement in funds At 31112123 At 111123 UDTestrict¢d funds G¢ncral fuThd 966,856 70,418 1.037,274 TOTAL FufiDS 966,856 70,418 1,037.274 Cornparative movelllellt in funds, included in th¢ abov¢ ar¢ as foliomo: Incoming resources Resources expcnd¢d Movcment in funds Unrestricted funds General fL]nd 204.256 (133,838} 70,418 TOTAL Fis 204,256 (133,838) 70.418 A currellt year 12 months alld prior year k2 onthS combined position is as followg.. Net movement in fi]n(L% At 31112124 At 111123 Ullrestri¢ted General fuThd 906.856 58,574 1,025,430 TOTAL FUNDS 966.856 58,574 1,025,430 A current year 12 rry)nths and prior year 12 months Con1n¢d ll¢t moverneut ill fijnds, included in the above arc as follows.. Incoming resources Resources ¢xp¢lld¢d Movement Ullrestriete41 Geu¢ral fund 370.855 (312.2811 58.574 TOTAL Fuf4DS 370.855 (312,281) 58,574 Page 11 ¢ontiU¢d...
SANDWICH BAY BIRD OBSERVATORY TRUST P40TES TO THE FINANCIAL STATEMENTS- ¢ontillued FOR THE AR EP4DED 31 DECEMBER 2024 ii. RELATED PARTY DISCLOSURES There w¢r¢ Jw related paty transactions for tbe year end¢d 31 D¢c¢mber 2024. Page 12
SANDWICH BAY BIRD OBSERVATORY TRUST DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 tNCOME AND ENDOWMENTS Donations alld legacles Donations Gift aid Refres]]ments fjrants Clubs income Surveys Talks Holiday and trips Walks 38A82 6,175 736 20,056 2,824 3,240 4,565 6J30 2,438 21218 82,543 2,876 11.740 2,055 2,694 85,246 123.126 Other tradfing aetfivldes Fundraising events Shop income Subscriptions Solar pallel income Courses and education Other illCOnLe 4,203 8,597 22,334 3,976 5,493 1,303 4,832 11,287 24,475 4,720 2,485 45,906 47.799 Investment income Rents received Deposit account interest 27,145 8,302 19,259 14,072 35,447 33,331 Total incon8 resourees 166,599 204,256 EXPEP4DlTURE Other tradiDg actisryties Opening stock Shop cxpcnditurc Educational expenditure Fllndraising expenditur¢ Activity expenditure Closillg stock 2,5(M) 8,377 2,532 1,466 2,544 (2,500) 5,323 756 l.fA17 9,093 (3.1)IMI) 16,279 14,919 Ch&rffilxbl¢ a¢dvllle5 Wages Rent and ratcs Carried forward 73,772 2.419 76,191 57.640 3,186 60.826 This page does not fomi part of the statlttory financial staiernents Page IJ
SAP4DWICH BAY BIRD OBSERVATORY TRUST DETAILED STATEMENT OF FINANCIAL ACTtvrriES FOR THE IIAR ENDED 31 DECEMBER 2024 2024 2023 Cbaritable aetisryties BIought forward Licences and illsuranee Light and heat Telepbone Printit]g, postage & stationery Advertising Repairs and renewals Conservation vehicle costs Waste collection IT and inteTnet Sundry expenses Subscriptions Lone wtsrking equipmellt rental Cleaning Refreshments 70.191 0.231 21,733 412 2,997 155 22,799 1,013 1,277 2,938 339 123 544 1,458 669 60.826 5,464 2,251 1,099 2,263 61 11.697 1.584 1,570 2,007 35 138,879 88,857 Support costs Finance BaDk eharges HMRC late payneJLt interest Freehold property Improvements to property Plani and machinery Computer equipm¢nt 1,278 1,233 8,515 6,868 498 451 1,499 8.513 7,466 664 18,843 18,142 Governance costs Accountsncy and bookkeeper Legal fees 2,083 2,359 1,748 10,172 4,442 11,920 Totsl resources expcnded 178,443 133.838 Net (¢xpendIreYlDeorne (11.844) 70,418 This page does not forni part of the statutory flnancial statetnents Page 14