Do￿￿10n Enkn1Tr. g071CF314B5￿l9-Al0F￿2a￿48cDBEE2 Charlty r•gistradon nurn￿r 1200989 (England ond Wal•s} NOMAD CONSERVATION FUND ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 DouJ8lgn En¥8￿pe ID.. 9071CF314B5B4A1WA1LF420A48CD8EE2 NOMAD CONSERVATION FUND LEGAL AND ADMINISTRATIVE INFORMATION Trustfres Mr R P Heyworlh MT R Maekenzie Ms L Cole Charlty number {England and Wal¢s) 1200989 Ind•pend¢nt examlner Moore (Soulhl LLP 33 The Clarendon Centre Salisbury Busine88 Park Dairy Meadow LanÈ Salisbury W￿ls￿￿Te SP1 2TJ DoWS￿n Efiveknpe ID.. 9071CF31-SBSB4A1WAIDF-920A48COB NOMAD CONSERVATION FUND CONTENTS Pag Trustoes. report Stalemetrt of trustÈÈy' responsibi1it18S Independent examin8fs report Skt8N*nt of finanual acfivibe5 Balance sheet Not8S to the financial statements 9-20 Envelope ID,. 5071CF31-6B5&4A1&A1DF-920A48CDBEE2 NOMAD CONSERVATION FUND TRUSTEES, REPORT FOR THE YEAR ENDED 30 APRIL 2025 The trustees présent Ihelr annual report and financial statements for the year endeil 30 April 2025. The finandal slalemenls have been propared in accordancè with the accounting poli￿eS set out in note 1 to the Ilnancial Slalemenls and comply wilh tho charitys goveming document. tho Charities Act 2011 8nd'Ac￿Un1Ing and Reporting by Charilies.. Statement of Recommended Piactice applicable to charities prepaiing their accounts in accordan￿ with Ihe Financial Rer￿rtIng Standard appIl￿ble in the UK and Republic of Ireland (FRS 1021" (èffeciive 1 January 2019). Objectivè$ and adtvlti•s The objects of Nomad Conservallon Funrl are to promote, for Ihe publ￿ benefit.. 1. Tho conseN8b"on, protection and imgrovemenl of the physical and na￿ra1 envtronment of Tanzania's National Paths by harr￿sing the support of lo¢al co[n[￿JniI18S who fNO on the per¥)hery of Tanzania's National Paiks. 2. Th@ reliaf of sickness and the pr8servalion of health among people who Iwe on thè periphery of Tanzania's Nation81 PaKks by providi￿ or facilitating the provision of healthcare seNices and heallhc8Te edueAb"on. Pubk bonefft The Trusteès have ha¢J regard lo the Charity Commission's guidance on Public 8enefft when remewng 1he charity's aims and objectives, ￿ planning future actmties and in setbng polcte8. Activthes The m8in activities undèrtaken by Ihe charity to fulfil its charilable purpo¥e5 for the public benefrt are sumwnarised undgt the following pillars.. Llf•long Leamiw and Growth: Investing in education. Creating caieer paths and Supwrting enliepreneurship Specific proj8Gtsindude pmvision of." Dailymeals lo sclioolchildren Educafionalresources and equipment Funding forsludants on ￿lif8 manag8m&nt couws Fuoding forplaces on vocalionalhospifality courses Taachertraining Female cmpow8mient and hygF8n8 workshops Bee-kèwng tffjining Seeds 8nd agiicultur8 baining H¢alth and Wellbaing.. Beds for meds SpgGifioprojects include pn)ViSAon of." Soreonings by èye doclo H8allh gducalion andawareness on treafable oondiltons Support forlife.changng rehabilitstAve stsrgglies lorchildren with di*8kn1fties ResouThs such as bed4 mosquito nats 8nd clo¢hing Conservation and Environment. Lightening our footprint, Supporting conservation partners, Sharing our love of the natural world. Conservation driven by tourism Spe￿¢ projects include provision of." Annu81 dona(ions to eonsgNalion partn91¥, togelhwwth adlFOGfinaneialsupport TTr9 planbng film nights. screaning conse￿all0￿ films RgsouAv8s to red(￿e human ￿ldI[fO wnllicl such as lor¢h&s Docusign EnY*10.' ￿71CF81-sBs￿4A19-Al0F-g2aA48cDBEE2 NOMAD CONSERVATION FUND TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 A¢hievements and porfornianco &gnifi¢ant 8¢Uvitl8s and oGhievem8nts againsl obiecfiv8$ The a¢hievernents and p&rformance of the charity a￿ measured under the three prllais of Lifalong Leaming and Growth, Health and well￿l￿g aNI Conservation and Environmenl. Llfelong Leamlng and Growth For our "meal a day" program we expanded frorn S schools to 7 schools at fhe end of 2022. 10 2023 we added another 2 schools and in 2024 3 more s¢hools. Now WÈ are al 12 sch￿)IS in total wtth 1069 students receiving a meal a day. That lolals over two hundred thousand meals prowded in the yèar. This year gone, we have supported Ihe renovations of 1 Sthwl. benefrtfftg 20￿ students. We havè helped make 692 desks. donated 42 Storage Injnks lo primary sthools full of leaching aids, and proirided 31 bikes for Se￿ndary students. W& have sponsored 12 youth in secondary and tertiary le￿[ education, 3 students on wlldSfe management course5, and 4 sludents on vocational hospitality courses. 755 girfs benefited from femalè empowoment and hygiene wortshop8, bringing tat#)0 lopi(s to the L9ble to help raduce the challenges girls facè rnanaging their studies alongside household responsibilities and personal hygiene and men3lrual management, wilh Ihe aim to reduee the rate of girt student dropoLrts at sewndary school level. 140 wildlife and conservatir)n photography tr8irMng hours were logged for 12 ini*vtduals participating ovw a 1 week program. 144 farmers engaged in HWC dialogue and latks 8bout improved agriculture tè¢hniques. 50 lathes I￿￿1ved In our chicken projects arourKI the park boundaiies. totalling over 604 chickens befyfftn them, up from 250 the previous year. H•afth and Wellbeing Our health oulreath program in this reporting period resulted in 8 total of 40 days of free hè8hh cknnics offered acrthss 12 ￿lIages, wtth 7513 people benefiting from health care and educatlon. 2435 paltenls seen by general PTactib"oneis, 931 wom6n re￿Ived health Checks. 455 children SCTeen8d for treatable dis8lMlilies. 3003 se@n by eye doctors. 472 seen by dentists and ENT speuafists, and 217 chldren and parents benefit fmm nulrilionists advise arvj sUPPOrt. Conservation and Environment In wr consetvation and environment calfygory, we focused on Sustainable practices, awareness education 8nd campaigns. and ¢ath)n offsetting, as well as our annual support lo reputable conservation partners in the area. We donated $62.141 to conservation org8ni8alions working in and around the pavk. And investèd $40,862 to our own conseN¥lion thomed actiwties. 154 yotrth partI￿Pated in student safaris and camp wisits, and 2,940 community metnbers across our 12 vilages were engaged in wllage film nights with 8￿¢¢ning$ of Swahili basèd conservation fjlm8. From ourvillage rangars and data collectors. we tallied up neady 560 days of palrollSng park boundaries, addressing human wildlife conflict issues by way of mapping hol spots to infomi intèNention and mitigation plans, and protect forest areas. 94 individuals weie trainèd on dilferpnl int8rvenlions for elephant 8t￿o￿￿terS to reduc8 fami destruction for Subsistence fam)ers in the8e areas. Doujslgn Envelcw10: 907fCF31-585&4A19.A10F-920A48CDBEE2 NOMAD CONSERVATION FUND TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 F(nanclal revlew Durin9 the reporting period, the charity rè¢eived incofflp in the form of donations from a variely trf sources. The largest sources of income were Nomad Consenmlton Group Ispecffic811y Nomad Safaris Lld and Nomad T4nz8nia Ltd) and the Soctal Caprt81 Foundation. Addrtional income was received as a result of fundraising undertaken by indThriduals with Notnad ConsanRtion Fund as their chosen beneficiary. logelher with further individual. chawitablg and ￿[porate donations. Expenditurè of $324.672 was made within the period. of restricted and unrestricted funds. Notional income and expenditure ¢)f $111,240 has been recognisÈd in these financial slalemènts lo reo)gnlse the value of the staff a￿1 office costs provided diradly by NOM￿ T￿ttanIa Ltd. No funds received into the ¢hatity havè been spent for these purposes. Reswvè$poh"Gy The Trustees aim to maintsin free resewes in unrestricied funds at 8 level whicth equates to approximalety thrèe months of unrestricted eharilable exp&ndllure. The Tw8lees consider that this level will provide sufficient fvnds lo contiAUQ ongoing projects. The Trustses consider th813 months is sufficient given the significAnl sjpport piowded by companies in Ihe Nomad cOnse￿Il0n Group which has tninwnised th& ujntractual support and govomance costs incurred by the charity. At 30 April 2025, Nomad Conservalion Fund held free rÈserves in unrestricted funds of $167,915. 3 months of expenditure averaged $81,168 during the period. The cuttenl level of reseTves is therefore higher than needed and this will be adjusted through careful budyeling and thnning for Ihe next financial year. The Trustees do not consider there to be any uncèrtainlies about the charitls abihty to conllnue as a goin9 concern, duè to the healthy reserves held and continued support from Nomad Conservation Group. No fvnds or undertaknngs wgre in deficit at 30 Awil 2025. stnEthre. govamaneo and managemènt Nomad C(Jn$eryation Fynd Is a Charitable Incorporated Organisalion {CIO} (charity number 1200989) registered in England & Wales. It was incorporated on 11 Novetnber 2022. The goveming documènt is the COr￿litu110n document as r¢9iStered al The Charities Commission. The truste8$ who seTved duriny the year and up lo the dale of SIgr￿tUr& of the finandal slalemenls were-. Mr R P Heyworth Mr R Mackenzie Ms Lcole R¢cwitm8ntand appthnlmenl of twstses The rl)arity rnusl havg al least three Trustees which musl be appointed for a tem) of three yeais by a rèsolution passed al a properly ¢onvened mèèting of the Charity Trusteas. In selecting Individuals for appointment as Charity Trustees. the Charity Trusteos musl have regard to the skills. knowledge ar￿ experienca wded for the effective administration of the CIO. Olhermatte Nomad Cons8rvakn Fund Is an indep8nd8nt tharty. govomed by its Truslees. The fund is supported both financially and opèrationally by Nomad Conservation Group companies. This indud&s provision ol staff and olfiee Spa￿. as well as regular monetary donations. All slaff and overh8ad costs are paid directty by cornpanies wlhln Nomad Conservation Group, separately to the regular donations pwded lo Nomad Conservatton Group to be used directty for th8 activities as sel out in this report. A notsonal donation and expense have beon inBluded in these rinaneial ststements to iecognis8 the value of staff and office space promded to IhÈ charity by NoNwd ConsèNation Group. Funds hgld as Custodian tru¥tee The th*rity does not hold any funds as custodian trustees on bèh81f of others. DOE￿On En¥4ope ID.. g071CF31-fj8584A1M10F-920A48CDBEE2 NOMAD CONSERVATION FUND TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 The trustees, raport was approved by Ihe Board ofTruslees. Ms L Cole Tru¥tee 1013/2026 Date.. Dm*ign En¥dope ID.. 9071CF31&BfjNA19-A1DF-920A48CDBEE2 NOMAD CONSERVATION FUND STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 30 APRIL 2025 The trusloe8 are responsible for prepaiing the Tfuslees, Report and tho ffinanaal statements in accordan¢o with applicabk law and Unitèd lfjngdom Accounling Stsndards (Uniied Kingdom Generally knepted Accounling Pr8cb(*). The law appli¢able lo charrfies In England and Wales ￿quI[P3 the trusteés to prepare ffinanoal slalemènts for èa(* financial yèar which give a Ituo and fair view of thè stsle of affairs of the Charity and of the incoming resources and application of resOu￿S of the charity for that year. In PTeparing these financial statements, the trustees are required to= select suitable accounting poli￿e$ and then appty them ¢on5Istent￿- - obse￿9 the methods and principles in the Ch￿ti￿S SORP.. make judgemenls and estimates that are reasonable and prudènt., - slate whether applicable accounting standard8 have been followed, subject to any rnatewial departur@$ disdosed and explained in the )Inancial sta18ments.' and prepare the fin8naal statements on the going concem ba8is unless il is inapprcpfiale lo presurne that the charity will continue in operalton. The Iruslees are rasponsible foT keeping suffKiellt accounting reo)rds that disclose with rèasonable accuracy al any the ffnancial position of the charily and enable (hem to ènsure that the financial slalemenls (xjmply wlh the CharitiesAct 2011, the CharfLy (Accounls and Reports) Règulations 2008 and the provisions of thè trust deed. They are also responsible for safeguarding the assets of the chaiity and hen¢0 for taking reasonabte steps for tho prevention and deteclion of fraud and other irregu18ritse8. tkKusiw Er)¥elope ID: gQ7lCF31-5B5￿A19-A1DF-g2QA46c0BEE2 NOMAD CONSERVATION FUND INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NOMAD CONSERVATION FUND I report to the trustees on my oxamlnalion ot tho financial st8temenls of Nomad Cons8rvatv)n Fund Ohe charity) for the year ended 20 ApTiI 2025. Respon$ibilitles and bag1$ of roport As the trustees of the chaoty you are respon8ible for the preparation of the finanual slaternenls In a￿Ordance with the ￿qU1￿mentS oflhe ChariliesAd 2011. I report in respect of rny examination of Iha (￿arit￿s financial statements carri•d out under sedion 145 of the Charities Act 2011. In carryiny out my examination I have followed thé Direcfions glven by the Charity Commission under section 145(5llbl of the GharibesAcl 2011. Independent exarnlnefs 5tatémont Since the charity's gross income exceeded £250.lJOO. the indapendent examiner must bè 8 member of a body listed in sedron 145 of the Charities Act 2011. 1 confirm that l am qualSfied to undertake th8 èxaMinat￿n because l am 8 member ofACCA. which is one of the listed bodies. Your attention is drawn to the fact Ihal the charity h85 prepaiod the finanud statements in attordan￿ with the relevant version of the Statement of Recommended PractiGe applicable to charities prepa¥ing therr financial stateménts in accoidarKe with thè Financial Rgporting Standard applicablè in the UK and Republic of Irèland IFRS 102) in PTeference to the Accounting and Reporting by Charities.. Statetnenl of Recommended Pra¢tice issued on 1 April 2005 which is ieferred lo in the extant regulations bul has now been withdrawn. l understand that this has been done in order for the financial slatèmenls to prowde a truè and fair view In a¢cordance with UK General Accepted Afjcounling Practice. I have completed my examinatirin. I confimi th* no matters have comè to my attenllon in conn8¢tion with the examination giving me caus8 to believe that in ar)y material respect.. 8¢¢ounling records were not kept in resp8Ct of the charity as reqUI￿d by Section 130 of the Gharili¢s Act 2011. the financial siatements do not aeeord with Ihose ￿￿rdS.. or Ihe ffinan¢ial slalements do not compty with the applicable reqLiirements conceming Ihe fomi and content Of financial slalements sèl out in the Charities (Accounts and Reports) Regulations 2008 other than any requiiemenl that the ffinancial statements ￿ve a tnje and fail view. which is nol a matter considered as part of an independent examination. ncern rawn I ould b and have c¢)me across no other matters in conne¢tion with Ihe Èxaminalton to whith attention his report in order to enable a propgr understanding of the finandal slalements to be r8athÈd. Robert Marxlonald Moore (South) LLP 33 Th8 Clarendon Centre Salisbury Businoss Park Dairy Meadow Lan8 Salisbury Wiltshire SP12TJ Dated". Docu8lgn En￿9 ID.. 9071CF31-SB5&4AI9-AIDF-920A4ecDBEE2 NOMAD CONSERVATION FUND STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 APRIL 2025 Unr•strlet•d Restrlcted fund$ funds 2025 2025 Total Unr6stricted R•stricted fund$ fund$ 2024 2024 Totsl 2025 2024 Notes Incoma from: Donations and lega￿eS 268.229 47,016 315,245 3￿).441 186.928 577.369 Total income 268.229 47,01e 315.245 3￿?.441 186.928 577.369 Expenditure on: Charitat4e activatiÈ$ 212,750 111.922 324.672 232.885 106.121 338.806 Total expenditure 212.750 111.922 324.672 232,685 106,121 338.806 Net Incomo11gxpenditurg1 55,479 (64,906} 19,42n 157,756 80.807 238.563 Transfers between funds (29,3241 29,324 (15.9961 15,996 N•t movèmènt in fund$ 28.1S5 {35.582) 19,427) 141,760 96.803 238.563 Rpconclliation of funds: Fund balan¢es al 1 Kqay 2024 141.760 96.803 238.563 Fund balances at 30 Aprll 2026 167.915 67.221 229.136 141.760 96.803 238.563 Th8 Statement of finanaal actwilies includ&s all gains and losses recognised in the year. All income and expendituro derlve from continuing &tivities. Docu5tyJn Ens*k)pe ID.. 9071CF31-5B6B4A1&410F-920A48CDBEE2 NOMAD CONSERVATION FUND BALANCE SHEET AS A T 30APRIL 2025 2025 2024 Notos Current assets Oebtors C88h at bank and in hand 12 4,816 227,280 53.335 187,858 232.096 Creditors: amounts falling duo whhin one yoar 241,193 13 (2.960) 12.6301 N•t currènt assets 229.136 238,563 The funds of the charity Restricted inGome fvnds Unre51ricted funds 14 15 61,221 167.915 96.803 141.760 229.136 238,563 101312026 Th¢ finat)cial statements were 8pproved by the Irust8ès on ......................... ÉÈupw"" Ms Lcole Trustee Dowslgn En￿￿¢)￿elD.. 9071CF31-SB5&4A19-A1DF-92OA48CDBEE2 NOMAD CONSERVATION FUND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 Accountlny policles Charity informatlon Nomad Conservation Fund is constitLrted as a CIO by IhÈ Charity Commission wilh registered number 1200989. The registered office is 7 hAanor FaTm Banks. Buicombe Lane. Burcombe. Salisbury. SP2 OEJ. 1.1 Accountln9 ¢onvgntion The finanual slatemÈnl$ have been prepared In aeeknrdance wilh the charity'8 goveming doryjmenl. the Charities Act 2011, FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Chawities SORP 'Accounting and Reporting by Charibès.. Statement of Recommonded PractiGg applicable lo charities pr@paring their ally entitled to il after any performance conditions have been met, th8 amounts ￿ be measur¢d feb'ably. and it is pmbable th81 iicorne will be re¢eiv¢d. Cash donations are recognised on roceipl. Other donations are recognised once the chaiity has been noti￿d of Ihe donation. unless perf(￿manGo condition5 require defarrdl of the amounL Incomo lax recoverable in relallon lo donations received under GiftAid or deeds of covènartl 15 recognised al the time of the donation. Legades a￿ rets)gnised on receipt or othe￿iSe rf the charity has been rbjtthed of an impendlng d55tribulion. the amount is known. and r8C8iPt IS expected. If tho amlwnl is not known. Ihe legacy is treated as a Jnlingenl asset. 0￿￿15￿ Envdlye ID: 9071CF314B5&4A1&A10F-920A48CDBEE2 NOMAD CONSERVATION FUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 A¢countJng poliGie8 Icontlnugdl 1.S Expendltur• Expenditurg Is recognised once there is a legal or constructnie obligation to transfer e¢onomic benefit to a third party. il is probable that a transfer of economic benefits will be required in setuemenl. and the amount of th8 obligation can be measured rellably. Expenditure is dasstfied by activity. The costs of each acbwty a￿ made up of the lolal of dimt C08ts and shared costs, including support costs involved In undertaking each 8Lliwty. Direct costs attributable to a single adiwty are alloealed direclly tr) that actiwty. Shared costs whs¢h contribute to rn0￿ than one activity and $upFxJrt costs which are not attributable to a single activity apportioned between Ih¢)se activ(ties on a b8SI$ ¢onsislenl wilh the us8 of resources. Cenlral staff wsts are allocated on the basi8 of value spent on each Ptoject. 1.6 Cash and cash equivalÈnts Cash and ¢ash equivalenls inGlude cash in hand. deposits held al call with banks, other short-temi IiquKI Investments with original malurities of three months or less and bank overdrafts. Bank overdrafts arè slw)wn within borrowings in currènt liabilrties. 1.7 Financial Instr￿lents Tho charity has elected to apply the provlsions ol Section 11 'Basic FinancFal Instruments, ar￿ Section 12 'Oth8r Finan￿al Instruments Issuo¥' of FRS 102 to all of its fin8n¢ial instrLNnenls. Financial instruments are recognised in the charity's balance shegt when the ¢hattty becomes paty lo Ihe ¢x)ntraclual provisions of the instrurnenl. Financial assets and liabilities are offset. with the nel aMO￿lS piosented in the finanaal statèments. when there is a legally enfo￿eabIe righl lo sat off thÈ ￿cOgniSed amounts and there is an intsntion to settle on a net basis or to re81ise the asset and strttio the liabl￿(Y simuStan8ously. 8asic financlalass•ts Basic finan¢ial assets, wh** thdude debtors and cash and bank balances, are lnitral￿ measured at tr3ns8Ction price inctuding Iran5aclion costs and are sub$equenUy carried al arnort15ed cost using the effective inleTesl rnelhod unless the arrangement constitutes a financing transaction. where the transaction is measured at the present valve of the future receipts discounted at a m8thet tale of interest. Flnancial assets das6ified as reGglvable within one year ore rK)t amortised. Basi¢ financial Ilabilities Basic financial liabilities, induding creditors and bank loans arè init1811y recognised at transaction price unless the arrangomenl conslilules a ffinan¢ing transaction, whèrè Ihe dèbt Fnstrument is measuied al the prasent value of Ihg fvlure payments dtsthunted at a market rate of interesL Financial liabilrties classiffied as payable With￿ one year are not amomlsed. Debl instruments are subsequenlty carried at amortised ¢xJsl. using the ¢ffpctive interest Tats method. Trade ueditors are obligations to pay for goods or services that havè been acquired in the or(finary course of operations frorn suppliers. Amounts payable are dassified as currènt liabilities rf paymenl is due within onè year or less. If not. they are prèsented as non-currenl liabililies. Trade CTeditors ara recognised initially at transaction price and subsequènuy measured at amortised using fhe elfectiv& intèrÈst method. Dere¢ognition of financialliabllRles Finanaal liabilittes are deTecognisèd when the charity's Lxjwrttactual obligations 8xpiro OT are discharged or cancdkd. 10- Drxus(qn ID-. 9071CF31-5￿l9￿1oF-920A48cDBFF2 NOMAD CONSERVATION FUND NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 A¢¢ounting pollcles (Continued) 1.8 Employee beneffts Thè cost of any unused holKtay enfiUBmenl 18 recognised in th& period in Ythich the empksyge's servtces ar8 received. Termination beng)Ils are recognised immethately as 8n expense when the charity is denK*nstrabW committed to terminate thg Bmploymenl of an omploya8 or to pro¥NJe terminalion benefits. Cittical accountlng asllmales and Judgémants In the appli￿tIOn oftre chariws accounting polldès, Ihe trustees are required lo rnake judgements, estimates and assumptions about the carying amourbt of assets and liabilities that are not readity apparent from otheT sources. The estimates and associated assUmPtTons are based on historical experience and olhei factors that ale considered to be relevant. Aefual iesults may differfrom these eslimales. The estimates and underfying as5vmptions are ￿￿eWed on an orwJoing èasis. Re￿$lOnS lo accounting estimales are ￿cOgniSed in the period in whith the estimate is revised where the revision aflects (x)ty that period, or in the period of the iemsion and luture periods where the TeM8ion affects bolh c41￿ant and firture pertods. Incoma from donatlon$ •nd legacles Unrestrfetgd Restrlcted funds funds 2025 2025 Totsl Unr•$tricted Restrlctsd fvnds funds 2024 2024 Total 2025 2024 Donations and gffts 268.229 47,016 315.245 390,441 186.928 577.369 rh)cuslgn Enve￿)￿ ID.. 9071CF31.SBSW1&A1DF-W20A48CDBEE2 r U) 10 O) CF) *J) ￿ ¢7> 7J￿&* fD c o u) 0￿￿0n CO￿Or￿0 a0s￿￿LLLUCL￿r¢uC tkwlgn En¥elopB ￿.. 9071CF31-5B5&4A19-A1DF-920A48CDBEE2 DOC￿81gn Etwdope ID: 9Q71CF31-5B5B4A1W1DF-920A48CDBEE2 NOMAD CONSERVATION FUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 Description of ch•ritsbl• actlvlti UsM)g tourism as a powerf￿ tocl fordlreL# protection of habitats and wildlife. Looknng after the environment one steps at a time from camp design to cut￿ng food miles. Facilitate doctors. dentists and other heollh professkjnals treating eommunrfies in the remots areas we work. Education is fhe lourKtation. Ihe koy to unltxking potential and the gatebway lo opportunty. atu Doing anything we can to inspire the next generation to r¢alise the importanc8 of consarvalion. tre Investing in local people wth our innovative approath lo prowde fvnding. Ira￿l￿g and bu51ness siipport. orbn Lending camps. people, ¢ars and planes. wherever we can be helpful to SUpp￿t conservation in Ihe field. Includ6d within other expenurism n ParlneTS 2026 2025 Total Supporting Conservatio n Partn•rs 2024 2025 Grants to inslitubons.. Tongwe Trust LCMO Wild Survivors STEP KopeLion LKon Landscapes Kuru Dogs Proje¢t SoLthern Tanzania Elephant 16.729 16.729 6.775 5.000 5.000 4.939 5,000 s.￿0 26,030 5.000 31.030 5.000 6.280 5.013 5.400 s.￿0 6.280 5,013 5,400 26.030 43.422 69.452 31,714 16- EnvelryE ID: 9071CF31-5B￿A19-A1DF-9wA4acDBEE2 NOMAD CONSERVATION FUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30APRIL 2025 Support costs allocatèd to a¢tivities 2025 2024 staff co$ls Bank fees Insuran Off¢e Costs Subscriptions Revaluation currÈft¢y gain8 Govemance costs 105.258 135,054 631 660 7,883 203 {1.245} 2.630 5.984 111.3431 103,892 145.818 Analysed bets￿en. Conservabon Driven by Tourism Lighlening ourfootprint Beds for Meds Investing in èdu¢81ion Sharing our love of the natural wodd Supporting Entrepreneurship Supporting Conservation Partners 17,141 2.390 25.742 32.029 669 220 25,701 2.530 2.728 40.480 57.055 5,816 8.267 28.940 103.892 145,816 Support and govemance cost8 have been apportioned btheèn charitable activities based on the value of the work completed in each. Net movgmont in funds 2025 2024 The nel movement in funds is stated after chargingl{¢re¢Jtling)- Fees payable for th8 independent Èxamin¥tion ol the charivs financial slatemenls 2.980 2.630 TrustgOS None of the Iruslees {or any persons connected with them) recerved remuneration cr benefits from the arity during Ihe year. 10 Employees The average monthty number of employees during the ye8rwas'. 2025 Number 2024 Numbar Totol 17 tknJ5ign EnVd)￿ ID". 9071CF31-555B4A19-A1DF_920A48CDBEE2 NOMAD CONSERVATION FUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 14 R4$tricted funds {Continued) Previous perlod: At 1 May 2023 Incomlng resources Resourc¢$ expend•d TTansfors At 30 Aprfl 2024 Pfivalc donations Social Capital F(MJndation granl 80.716 1Q6.212 148,5881 (57,5331 11,340 4.656 43,468 53.335 186.928 1106.121) 15.99S 96.803 Restricted funds are held for Ihe speeifi¢ p￿￿oseS as instvuded by lh8 donors. Restricted prfvate donation funds compris8 various funds re￿Ived from multiple donors. The purposes for private donalions range across the project activilies undertaken by the charity. from sponsoring speciftc studènts in their edu¢alon lo purthasing rèsour¢88 for sperifio school5. Reslricted Soaal Capital Foundation grant funds are to bè uséd for the speaffi¢ purposes set out in the Grant Agreement belweon Nomad Conservation Fund and So(aal Capital F￿ndatIon. This I￿ude$ allocations across he81th & wel￿e[ng, lifelong learning & growlh and field support. 15 Unre¥trl¢t0d funds The unreslrfded thnds of the charrty comprise th8 unexpended balances of donations and grants which are r4Jl subjed lo Spe￿fiC conditions by donors and grantors as lo how they wnay be used. Thesè indude designated funds which have been set aside wl of unieslricted funds by the Iwustees forspeufic pwposes. At 1 May 2024 Incomlng Resources resourGes exp•ndad Transfers At30April 2025 Designated fvnd8 General funds 36.11 105,660 26,214 242,015 (26.161) {186.589) 36,153 131.762 (29.324) 141.760 268.229 (212,750} 129,324) 167,915 Pr•vious perlod: At 1 May 2023 Incomlng rosourees Resources expende4J Tranyfvrs At 30 Aprll 2024 Designated fvnds General fijnds 46,492 343.949 {10.3921 (222.293) 36.100 105.660 (15.996) 390.441 (231685) {15,996) 141,760 19. Docusogn FrNdoFe ID.. 9071CF3l4BW4A1￿A1[￿-92oA4&c0BFF2 NOMAD CONSERVATION FUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 16 Analys1$ of nèt ass•ts betrween funits Unrgstrlct•d funds 2025 Restrf¢ted fund$ 2025 Totsl 2025 At 30 April 2025". Current assetsl{liabilltles) 167.915 61.221 229.138 167.915 61.221 229,136 Unrestrlctsd funds 2024 Rastricted nds 2024 Total 2024 At 30 April 2024.. Current asselslllabililiesl 141.760 96,803 238.563 141.760 96.803 238.563 17 Related party tfansactions Nomad Conservation Fund sharè$ key managefnenl with Nomad Safafts Ltd and Nomad Tan2xnia Ltd which form part of the Nomad Conserw8tion GTOUP. During the ￿rIOd the charity received $144,129 in th8 i(¥m of donations from Nomad Conservation Group and rÈ{￿gnIsed a notional donation of $11f.240 to relleet the USB of Ihe compani8S' Staff aNI officas. Al the period end. there arè no outstanding b8lan(Es with Nomèd Consarvalion Grwp. 20-