HUXLEY'S FOUNDATION CIO (A Charitable Incorporated Organisation) TRUSTEES. ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS For the period 1 June 2024 to 5 April 2025 Charity Registration Number.. 1208765 TRUSTEES, ANNUAL REPORT Reference and Administrative Detsils Charity Name: Huxley's Foundation CIO Charity Registration Number: 1208765 PrinGipal Address: Falcon Lodge, Sedgewick Lane, Horsham, RH13 6QD Trustees The following trustees served during the period.. Luke Lloyd (Chair of Trustees) - appointed 21 June 2024 Amanda Well - appointed 21 June 2024 Viviene Price- appointed 21 June 2024, resigned 11 May 2025 Emma Hill - appointed 11 May 2025 Structure, Governance and Management Huxley's Foundation CIO is a Charitable Incorporated Organisation registered with the Charity Commission for England and Wales. The CIO was registered on 21 June 2024, and this report covers the first accounting period from 1 June 2024 10 5 April 2025. The charity is govemed by its constitution. The trustees are responsible for the overall management and control oflhe charty. Day-lo-day operations are managed by staff and volunteers. Objectives and Activities The charity's objects are.. 1. For the benefit of the public lo relieve the suffering of birds of prey in need of care and attention, and, in particular, to provide and maintain rescue homes or other facilities for the reception, care 2nd treatment of such birds. 2. To promote for the public benefit the Gonservation. protection and preservation of birds of prey together with their varying habitats. The charity operates Huxley's Bird of Prey Centre & Garden, providing educational visits and experiences for schools and the public, conservation and care of birds of prey and other animals, and community engagement through visitor admissions and eXperien￿S. Achievements and Performance This was the charity's first period of operation following its registration as a CIO. During this period, the charity established operations al the Centre, welcomed visitors and delivered educational programmes to schools, generated income of £83,534 from charitable activities, donations and other sources, including generous support through donalions of £12,819. Financial Review Total income for the period was £83,534, comprising admission fees, experience bookings. schoDI visits, gift shop sales, and donations. Total expenditure was £102,689, resulting in a deficit of £19.154 for the period. This deficit reflects the significant set-up costs incurred in establishing the charity's operations, including premises Costs, equipment, animal care infrastructure, and staffing. The deficit has been funded by loans frorn trustees and supporters, which are disclosed in the accounts. The trustees are confident that as the charrty becomes established, income will grow to cover ongoing costs. Reserves Policy The trustees aim to maintain free reseives sufficient to cover approximately three months of operating costs. As this is the charity's first year. the trustees are working to build reserves as income allows. Related Party Transactions During the period, Luke Lloyd {trustee) provided a loan to the charity of £5,546 This loan is interest-free and has no fLxed repayment date. Full details are provided in the notes to the accounts. Plans for Future Periods The trustees plan to increase visitor numbers and school bookings, develop new experiences and educational programmes, and build the charity's reserves. Declaration This report as approved by the trustees on 0210212026 and signed on their behalf by: Luke Ll d, Chair of rustees Dale.. INDEPENDENT EXAMINER'S REPORT To the trustees of H￿¥le￿6 Foundation CIO Since your gross income exceed5 £25.CW, you are required to have an independent exam1f￿ts0n of your accounts. The examiner will prowde their report in this sectton. Independent Examiner. Narne.. JA&d•4 2LActV Relevant qualification or boty. M kni T Address.. 3 * ErLoYLLJIOL CdT(J EA NL-thL4 LIwi5, Signed: Name: Relevant professional I qualificationls) or body , (rfany>- , kkT LNtrI￿£ £1 E.SL)J&Lb LThJ& ThlS_ Section B Oisclosure Onty complete if the examiner needs to highlight malerial matters of concern (6ee CC32, Indepermknt examination of charty accounts: directions and guklanca for exgminers). IER Oct 2018 STATEMENT OF FINANCIAL ACTIVITIES For the period 1 June 2024 to 5 April 2025 INCOME Donations 12,819 Charitable activities.. Admissions and experiences School visits Gift shop sales Interest received 61,075 5,040 4,588 12 TOTAL INCOME 83,534 EXPENDITURE Costs of raising funds.. Cost of goods sold Gift shop purchases 1,675 3,558 Charitable activities.. Direct expenses Direcl wages Animal feed Veterinary fees Livestock purchases 1,800 4,734 11,923 5,041 4,850 Support costs-. Rent Staff costs (salaries and pensions) Repairs and maintenance Motor vehicle expenses Advertising and marketing Cleaning IT and software Telephone and internet Staff uniforms Printing and stationery Bank and payment processing fees Entertainment and meals Light, power and heating Insurance Audil and accountancy Gardening Charitable donations made Postage and courier Legal expenses Travel 21,487 12,955 10,695 4,772 3,305 2,784 2,422 2,211 1,683 1,348 1,243 1,206 794 757 434 354 300 62 TOTAL EXPENDITURE 102.689 NET MOVEMENT IN FUNDS (DEFICIT) {19,154) Funds brought fotward al 1 June 2024 FUNDS CARRIED FORWARD AT 5 APRIL 2025 19,1S4 STATEMENT OF ASSETS AND LIABILITIES As at 5 April 2025 FIXED ASSETS Computer equipment Motor vehicles Office equipment Plant and machinery Total Fixed Assets 274 2,800 1,552 80 4,706 CURRENT ASSETS Bank accounts and cash Amounts owed to the charity Total Current Assets 6,086 2,990 9,076 LIABILITIES Amounts falling due within one year.. Trade creditors and accruals PAYE and NIC payable Card payment provider balan￿$ Wages payable Total due within one year 12,600 1,295 2,130 30 16,055 Amounts falling due after more than one year.. EPOS equipment finance Loan - Debbie Loan - Saia Loan - Luke Lloyd (Trusteel Total due after one year 3,835 5,000 2,500 5,546 16,881 TOTAL LIABILITIES 32.936 NET ASSETS (LIABILITIES} (19,154} FUNDS Unrestricted funds Restricted funds TOTAL FUNDS {19,1541 19,1541 NOTES TO THE ACCOUNTS 1. Basis of Preparation These accounts have been prepared on an accruals basis in accordance with the Charities Act 2011 and applicable accounting standards. 2. Accounting Policies Income is recognised when the charity is entitled to it, receipt is probable, and the amount can be measured reliably. Expenditure is recognised when there is a legal or constructive obligation to make payment. Fixed assèts are stated at cost less depreciation. 3. First Accounting Period This is the charrty's first accounting period, running from 1 June 2024 lo the chosen year end of 5 April 2025. There are no comparative figures. 4. Related Party Transactions During th8 period, Luke Lloyd {Chair of Trustees) provided an interest-free loan of £5,546 to the charity. The loan has no fixed repayment date and is shown as a creditor falling due after more than one year. No trustee received any remuneration during the peflod. No trustee expenses were reimbursed during the period. 5. Stsff Costs Direct wages Salaries Employels National Insurance Pension contributions Total stsff costs 4,734 12,814 407 141 18,096 The average number of employees during the period was IINSERT NUMBER]. No èmployee received remuneration of more than £60,000. 6. Long-term Liabilities The charity has the following loans oulstandin9 at the period end.. EPOS equipment financ6 {Adyen) Loan from Debbie Loan from Sara Loan from Luke Lloyd (Trustee} Total J,835 5,000 2,500 5,546 16,881 All loans are interest-free with no fixed repayment dates. 7. Guarantees and Debts As required for CIOS, the trustees confirm that the charity had no guarantees given al the period end, and the charity's debts are disclosed in the Statement of Assets and Liabilities. Approval These a unls were proved by the trustees on 0210212026 and signed on their behalf by.. Luke L oyd, Chair of Truslees Date..