Chkn Number. 224018 UNION Roport oftheTntstees and ', UdIted Hnandal Statements FOR THE YEAR ENDED 31 MARCH 2025
YORKSHIRE NATUIiALISTS' UNION CONTENTS P8e Reference and Admlnbstratlve Informatlon Trustee$. Report Independent Examlnerfs Report ststement of Flnandal Actlvltles Balance Sheet io Notes to the Flnan¢l)1 Stements 11-20
YORKSHIRE NATURALISTS, UNION REFERENCE AND ADMINisfRATIVE INFORMATION for the yeorended 31 March 2025 Charfty Name Yorkshlre Naturallsts, Union (abbreviated as YNUI Charfty Rrtered Number 224018 ReBlster•d Offlce clo N.E.Y.E.D.C Unlt 7. Hassacarr Close Dunnington York Y019 SSN Trustee5 (Tern) ends) Dr A. V. Mlllard120271 Mr A. Godfrey120251 DrT. Whitaker120251 Mrs B. Bailey120271 Mrs J. Warwick120271 Mr F. Hlckenbottom (resigned November 20241 Mr. J. Hor5fall120261 Mr P. Whelpdale120251 Prof. A Fltter120261 Ms S. Robln Icwptedl Ms V. Wllkins {20261 Chalnnan of the Executive Presldent Mr Derek Whlteley Presldent elert Prof. Sir John Lawton Admlnlstratlve Offlcers Ms C. LanBrick & M5 H. Whitaker Treaswer Mr G. Baraynnath FCA Indepondent Examln•r Mr N. V. Crumpton FCC4 Crumpton & Co Ltd Chartered Accountants 682 Anlaby Rad, Hull, HU3 6UZ Bankers Natlonal Westminster Bank PIC Markets Branch. 66 Vicars Lane, Leeds, LSI 7LQ lthvestments COIF Charitles Management Funds 80 Cheapslde. London, EC2V 6DZ Insurar Eccleslastical Insurance Group PIC Beaufort House, Brunswick Road, Gloucester Pa8é 1
YORKSMIAE NATURALISTS. UNI4
TRUSTEES, REPORT
for theyeor ended31 March 2025
The Executlve of the Unlon (the Trustees) present thelr annual pOrt togetherwlth the financlal
statements of the Yorkshlre Naturallsts. Unlon lthe tharltyl for the year ended 31 March 2025.
The financlal statements have been prepared In accordance the accounting pollcles set out
In the notes to the accounts and comply wlth the chaws 8o¥ernln8 documenl the Charltles
Act 2011 and Accounting and Reportlng by ¢Jarities.' Ststement of Recommended Prathce
appllcable to charltles prepJrln8 their accounts In accordance the Flnanclal Reportlrva
Standard appllcable In the UK and Republlc of Ireland publtshed on 16 July 2014 las amended by
Update Bulletln I pubjlshed on 2 Fel)ruary 2016).
obJ•rtI¥ •nd •lmi
The Yorkshlre Natur•llsts' Unlon •xJsts to promote the sdentffic In¥esiatlon of the fauna. flo
nd physlcal features of the county of Yorkshlre and encour4e thelrconservatlon. It Issues
publlcatl¢)ns, holds field and Indoor meÈtlngs throughout Yorkshlre, and provldes a varlety of
educatlonal and sclentlfic r•sources. Members Iscthtles or Indfvbdualsl recelve one copy of each
of the 9VIar publlcatlons.
The Unlon currenty publtshes and m•lntslns the cwrht In:
111 The Noturoltst. frnded In 1875, wthSch ccntslns reports ofthe Unlon's meetlw and
papers of natural hLstory Interest relat1 ncIPallY to the n¢)rth of Enol•nd;
1111 Yorkshlre Blrd Report:
11111 Yorkshlre Buttertlles and Moths Repwt (ln ¢MJunctlon wlth 8utterfy Conseryayon
Yorkshlrel- and
Ibvl Occaslonal books. guldes and mJnuals.
Fleld meetln8s are held malnly In the summer months. usually i>ne in each of the fve Yorkshlre
Watsonlan vice
YOAlfSHIAE NATURALLSIS. UNKIII TRUSTEES. REPORT Icontinuèdl for the yet7rended31 Morch 2025 SYRUCTUR4 60VERNANCEAND MAP4AGEMENT El•ttlon of Trustees Eath yearthree trustees step down by rotrtlon and may seek re-election.The year In parenthe51s (see Reference & Admlnistration page l} shows the year of retlremenL Members over the age of 18 are entltled to be propwd. and seconded as trustees and seek elertlon at the Annual General Meeting IAGMI. Atthe Annual General Meetln& held on 16th November 2024, at the Llbrary @ The Ughtbo& l The Glass WoTs. Bamsley S70 IGW. Becky Balley. Andy Mlllard and Jlll Warwkk were revappoint¢d: Vith Wllkins. previously ctropted, was also appolnted. The Chalman has day-today responslbllltyfof manliement of the Unlon's affalrs. Tr•lnln8 of tho Trust••s All trustees have re¢elved a copy of the revlsed book CC3, The E$witl Tntee.. Wh¢7tyou need to know and recelve tharity Commlsslon announcemeftts. All Trustees are experlenced flÈld naturallsts able to exerclse thelr judgement In manni the sdenofic affalrs of the Unl. Admlnlsthtfve 5tru¢turn The Exe¢utl¥e Commltteè ofTru5tees. wthkh meetthree tlme5 durlni the pertod, manages the Unlon. In order to provlde a wlder forum for dlscusslon ¢)n matters of natural hlstory ImportarKe, Infomial'zoom Chat, sesslons are held outslde the maln fidd season when members have opportunlfjes to rltse bssue5. The Executlve consldered thaL wlth onty Ilmknd flnanclal contracts. financlal commltments Jre well wlthln our present financlal reseNes. COIF InVestMt Management. whlch spreads the deposlts around 20 banks, holds our maln deposits of cash. Cash reserves have been reduced to mlnlmum In response to low Interest ylelds. The trurtees have consldered areas where cost savln8s can be made. especlally in printiw and wsts8e costs. This Strate8y Is belnq Implemented uslng newtechnolo8y inthouse to reduce prfntlng costs. In temis of meetSn8$. our lreatth exposure to rtsk bs Health ar#S Safety at field meetln8s. The Executlve revlew5 Health and Safety annually. The Union's Health and Safety Pollcy was revlewed In February 2023 and an updated pollcy posted on the YNU website. Members are asked to contart any trustee bf they feel that the has been a lapse of safety whld) concerns them. GuldarKe notes for workln8 Sn the field have been issued to all members and guests on tralnlng course5. Members are asked to sl8n the attendan¢e Ilst before the meetln85 stsrts at all vice-county excurslons. The Executive was not notified of any reportable incldent durtn8 the perlod. P•8e 3
Yo1R£ NAWK4LSts' UNKIN TRUSTEES. REPORT Icontinuedl fvr the yeorended31 Morch 2025 Rlsk mafia8ent. contlnued The Tntstee5 have tssued the following guKlance: 'Young per1 urbder the age of 18 are welcome to attend all meetings. However, as the Union has no member re8iStered under the Childn.$ A¢ their parent or guardian must acccmnpary young persons. The leader of an event must be consuhed rf thddren wish to attend". A draft Safe8uarding Policy has been kluced and a Safegwdw Lead appointed. The Trustees have considered our level of public liability insurance and other risks. We have £S.000,000 employerf5 liabilTty coverfor members on Union business and £5.(m)),( of publlc Ilabillty coverfor visitors. Members of voluntsry (Kgantsions such as ours increasingly need to work thrc¥Jgh charftles that have liability insurance. Recent guidance fomi the Charity Commlsslon suggests that Charities whith give advice. sh(yJld hold such insurance. We have complled and ourTrustee5 and officers liability insurance provldes £500,CW cover. Insurance Informatlon J>ertinentto member5 is Incorpora wlthln the updated Health and Safety policy. ACHIEVEMEIITSAND PERFORMAN Ourin8 the rep(rtI period 2024-25. the YrAkshlre Naturnh'sts. Union undertook the fdlowing actiwties ts further S charltsble pwposes forthe public benefft: Publlshed three issues of The Ilaturnltst; Publlshed the 6utteffjies ond Moths Report IntlY wlth Butterffly Conservation Yorkshire: Produced a publlcaiion on The Stats of Yorkshlre's Nature. Njinity with the York5hre Wildlrfe TrusL Organised a Conference in March 2025.iolntty wlth the Yty*shire Wildlife Tnrt on The stste of York5hire'5 Nature. Implemented FNe If1¢trCnty field rneet1. together wlth field meetln8s or8ani5ed by the Botanlcal. Entomologl¢al and 8rydogical Section& Implemented botsnical and entomological fiekl training sessions at some of the Vlce County meetings and a bumblebee traini session for Naiional Tru# volunteers at Fountains Abbey. Undertook a trainingse55ion In samplin8 and identsfyryng for Unlverslty of Leeds Msc students in Blodfversrty & Conservatlon. Gathered. collated and verified bidogical records which are then shared with local environmentsl record Centres and national recordiryd schemes and made publical avallable via the NBN Atlas in accordance t•Ath the YNU'S published dats policy. Awarded 8rants for 11 researchlnq tre rtestin8 ecology of Tormentil Mlnlng Bees; 21 Repladng a nestbox on Wakefield Cathedral fty or4eoi $the5 into the nestlng ecolo8Y of Peregrfne Falcons. Page 4
TRUEE$, REPORT IcontlnLdl forthe yearended31 Mordl 2025 Membetshlp Rwt 2024-25 The ExecLrtive a8reed to launth a taster membershlp of £15 in 2011 to encowa8e new members. Thls proved successfvl for both the recrultment and retentlon of new member5 and It was agreed at a meetin8 of the Executfve in October 2018. that thls speclal offer for new member5 would contlnue untll fvrther notkn. SUbxrfPtkn for students and low IncomelunwagÈd were brought In Ilne so that both cate8orfes of membershSp now pay £15. As of 31st March 2025, the YNU had 373 IndlvlduaLs and 37 Afflllated Socletles as pald up member5. Durln8 the perlod, 36 new indlvldual members were 8alned. 56 were los¢ whllst 3 Afflllated 5ocletles were lost from the membershlp. pl¥ Iwfuture perlods q•ll I•(trlO 4¢tl¥llles lll b• wbJ•¢¢ to •ny Ctrld rtstrfcdon%l. 111 To contlnue to devdop our educatlonal prwamme thro the prvltslon of tnlnl courses, w0shopS al field meetlnls. 121 To dellver • conf•rence at least blennl•lly. 131 To contlnue to gather and share bloloocal recryds In accordance wlth the YNU'S pub15sh•d data pollry. encoura8ln8 and suppon$ use of new tethnOkto Improve da flow Jnd In¢rease dats accesslbllbty. 141 To support the YNU'S afflllated scKletles by p•rtlclpatlni In •nd promon0 thelr pro8ramm•5 of Indoor and ryJtdry)r meetln8S. 151 Through our publlcatlon$ and webslte. to dI$sIn1* Inform•Oon •bout rbjtural hlstory in Yorkshlre and northem England. FINANCIAL REVIEW The value of total Incomlng re50ur¢es. excludln8 legxles. forthe financlal artOtalled £28,291 12023124: £31.1161. Le8ade5 of £2.002 were received In the year12023124". £7491. A four-year financlal contrlbutlon agreement ltst Aprll 2021 to 31st March 20251 Is currentty In place between the YNU and the North and East Yorkshlre Eco1ka1 Data Centre INEYEDCI. The total sum payable over thls perlod by the YNU to NEYEDC Is £21163. sts8ed to allow a small nnual Inflatlonary Increase of 2%. beglnnlng at £5437 fc¢ 2021-22. the final payment for 2024- 2S belng £.5646. This is a contrlbutlon tothe tal work the NEYEDC carries OUL Grants of É1.933 were made In the rI2023/24 £1.6251. In this financlal year, Income from Indrdual membershlp subsulptlons decreased by 7%1- £6001. Affillated souety 5ubxriptions remalned constant whilst library subscrtptlons deaSed by 1.4%1.£591. Page 5
TRusfEES' AEPORT Iconlnuedl fvrthe yearended31 March 2025 The of publtshlng The Plafyrolirt decreased ty £898 and the Yorkshlre Butte and Moth Rem Increased by£635 compared tothe prebkn ar. Therewere no expertses In relatlon to the Blrd Report In the accountln8 period. The accounts Show an operatJng deftdt of£3.072 forthe year ffi genernl fvnds12023124: surplu5 £7.2681. The dlfference Is larg•ty due old tsttndI membershlp Ine written off. Our COIF ush hddlng Show an unreallsed loss on Investmert •ssets of£18.359 (Nerthe ourse of the financial year12023124: aaln £34,038). Most of the YNU'S surplus funds are Invested Sn four spectallst charfundS operjted by CCL4 Investsnent Management Ltd, operate •n ethlcal Investsnent pollq. At the flnandjl year end. the Unlon had £470.308 1£457,576 + balances In 2 bank accounts wlth CAF at 3tst March 2025) elther held on deposlt or Invested wlthln: 11} the COIF Investrn Fd. whbth alms to In rebjm p•rforni•nc• throuth capiial •nd Inccwne retum comblned: 111) th• COIF Prop•ity Fund. whlth knsto •thl•w a hlqh and sustslnable e1 dlncom• wth some upitsl appredatlon: and 1111} the COIF Gl¢)b•l Fund Whlch m5 to prtylde an Income Weld 8fe•t•r th•n th•t +)n th• FTSE All Wodd Sqrles W¢)rtd Ind• The allocatlon of Investments between the three funds Is shown In note 4lal of the Flnandal Statements. surplus cash Is hekl In the COIF CharltbEs Dep¢ Fund, rnted by Moodvs. The YNU ey4)end•d £8J2712023124: £8,245: 2022123: £7J07) In fg0s p•ld toAdMIntra Offlc•rs and accountsnts forurryln8 Wt tmks th•t perfornwd by ¥olunt••rs In th• PXL The thjrlty Commlsslon requlr•5 eath rqglst•r¢d thirlty to hw• a pollry w•wbre Its rerVes. In Mrth 2001 the Executh a8reed that ¢)ur rnsem5 of unr85ts1cted fvnts are to be In¥ested. In accordance wlth theTrustee Investment Act 20rKJ, to provlde an IrKome to be used to pr(wnote the study of natural h15tory ofyorkshlre throu8h CferenCeS. earth. meedn85 and publlcatlons. Thls matter was consldered agaln In Ortobff 2012. and It was a8reed to revlew thè pollcy. Once agaln. thOTnt•eS used Investment Fr*tome to •sslstwlth conferw costs, the eatlon ofthe new webslte and the publiullon oflwrnal& Page 6
YORKSHIRÉ NATURAusfv UN TRUSTEES, REPORT Icon¥nuedl fortheyear ended31 Morch 2025 Funds hdd Js Custodl•n Tru$t•e The Unl¢)n doe$ not act as a Custodlan Trustee for any other charlty. EXKUTIVE COMMITIEES ffRUS7EES'1 RESPONS181UYIES STATEMENT The Trustees are r•sponslble for prfjparfng the Trustees, report ènd the flnanclal ststements In acrdartCe wlth appllcable law and Unlted Klnudom Accountln8 Stjndafds (Unitsd Klnqdom Genernlly Attepted A¢countln8 Pract1). The law appllcable to charltl•s In En8land &W4les requlres the Trustees to pmpare flnanclol ststementsfor eath flnJn¢lBI year whlth glve a true and faIrvI ofthe stste of affalrs ofthe ch•rlty and of the Incomlng resour and appll¢8tlon of resource5 of the Charfty for that perlod. In preparlng these flnandal ststements. the Trustees are requlred to.. sel•ct suft•bl• accountlng polldes •nd th•n appty th•m conslstently; obseNe the methods and prindples In the charl•3 SORP; mJk• judgments and accountin8 estlmatesthat are reasonable and pnjdont; and prepare th• financlal statements on the goln8 COnM basls unless It Is In•pproprlate to presume that the ch4rtty wlll contlnu• In operatlon. TheTrusts•S •re r•sponslbl• for kfjepln8 proper attountlng record5 that are sufflclentto show and gxplaln th• ch•rlWs transactlons and dlsclose wlth reasonable accuracy at anytlme the flnanclal posltlon of the charlty and enable them to ensure that the flnJnclal ststements comp wlth the Charltles Act 2011, the Charlty {Accounts and Reports) Regulatlon5 2008 and th• provlslons of the trurt d¢ed. They are also re5ponslble for safeguardlng the assets of the charfty •nd hence for t•kln8 reasonab stsps for th• preventlon and detectlon of fraud and oth•r Irrogularltles. Thls report w¥$ approved bythe Tnjstees, and sId on thelr behalf bw. Dr A V. Mlllard Ichalmianl Date: 27 September 2025 Page 7
YORKSHIRE NATURALlSfs' UNION INDEPEthENT EXAMINER'S REPORT for the yeor ended 31 March 2025 Independent Examiner'5 Report to the Trustees of the YORKSHIRE NATURALISTS. UNION I report on the financial statements of the charity for the year ended 31 March 2025 which are set out on pages 9 to 20. Respon5ibilitie5 and Basis of Report A5 the Trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Art 20111'the 2011Act'l. I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given bythe Charity Commission under section 1451511bl of the 2011 Act. Independent Exarniner's Statement I have cwpleted my examination. I can confirm that no matters have come to my attention in connection the examination giving me cause to believe that in any material respect: 111 accounting records were not kept in respect of the charity as required by sectiorF 130 of the 2011 Act,. or 121 the accounts do not actord with those records,. or the acc04Jnts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities IAccoJnts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair. view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed.. Dated.. Jo G)cTpOel< 2615 Neal V Crumpton, FCCA Crumpton & Co. Chartered Accountants 682 Anlaby Road Hull HU3 6UZ Page 8
STATEMENT OF FINANCIALAcmimES lorthe yearended31 March 2025 Totsl fimd5 2025 T¢xal funds 2024 Donatlons and legades Charitsble artivities 695 13.793 14.019 1,140 13.793 1SJ05 15,431 Totsl Inromlry ra)ur$ 28.507 1.786 30,293 31,865 Charltable actl¥lU 31579 35.063 23.260 31579 35.063 23,260 Ilet In¢omellexpendre) belore 1nvestmt8alnsl($s¢$j 13,072) Ilm8) {4,770) t4etBalns/llossesl on In¥es)nefits {2105) 118,3591 34,038 1243rn 123.129) 42.643 Re(•ndl1aQn offundk" Totsl fvnds at i Aprfl 2024 14 482A21 67.185 550,006 507,363 Total funds at 31 Mah 2025 457W 69.033 526.877 550.oc The notes on pages li to 20 ftym part oftheseftnandal statemerts. D*¢
YORKSHIRE NATURAUStS' UNION BALANCE SHEET s ot 31 M¢yrch 202S 2025 2024 Note Flxed assets Tangible assets Investments io 457.576 475,935 457,576 475,935 Current assets Debtors Cash at bank and In hand li 2.732 80.455 6,522 73.597 83.187 80,119 Credltors: amounts fallln8 dut wEthln one year 113.8861 16.0471 Net eurrtnt •ssèts 69.301 74,071 N•t assets S26.877 SS0,006 Charfty funds Restricted funds Unrestricted fund5 13 13 69,033 457,844 67,185 482,821 Total ¢harlty funds 526,877 550,006 The flnanclal statements on pages 9 to 20 were approved by the Executive Committee on 27 September 2025 and signed on its behalf bv.. Dr A. V. Mlllard Chairman Dr T Whitaker Twstee The note5 on pa8e$ 11 to 20 fomi part of these finan¢ial statements.
YORKSHIRE NATURAUM. UNION NOTES TO THE FINANaALSTATEMENTS fvr theyeorended31 March 2025 Accounting pollcles (o) Bosls oAprepurt¥tkn olllftanclalstatements The financial statements have been prepared to glve a *rue and falf vlew and have departed from.the Charities IAccounts and Reports) Regulations 2008 only to the extent requlred to provide a %rue and falr, vlew. This departure has involved following the Charltles SORP IFRS 1021 publlshed on 16 July 2014 rather than the Accounting and Reportin8 by Charitles: Ststement of Reeommended Prartlce effective from l April 2005 whlch has since been wSthdrawn. The financSal statements have been prepared underthe hlstorlcal cost convention wlth Items recognised at cost or tran5artlon value unless otherwise stated In the relevant notes to these accounts. The financial statements have been prepared In acccrdance with the Ststement of Recommended Practice: Accountlng and Reportlng by Charities preparlng thelr accounts In accordance with the Financial Reportlng Standard appli¢able in the UK and Republic of Ireland IFRS 1021 issued on 16 July 2014 and Charltles Act 2011. The Yorkshire Naturalists, Union constitutes a public beneflt entity as defined by FRS 102. (bj Incomereeoqnltlon All income is recognised On the charlty has entltlement to the Income. It Is probable thatthe Income will be received and the amount of income receivable can be measured rellablv. (CJ ExpeRdlture re¢oqftltton Eynditure is re¢o8nised once therels a legal or construrtive obligation totransfer economlc benefft to a thlrd party, It Is probable that a transfer of economic benefits wlll be requlred In settlement and the amount of the obllgatlon can be meaSUd reliably. Govemance costs are those incurred in eonnettion with administratlon of the charity and ompliance with constitutional and 5tstutory requirements. Idj Investments xed asset investments are a form of flnandal Instrument and are initially recoBnised at thelrtransaction cost and subsequently measured at falrvalue at the Balance sheet date. unless falr value cannot be measured reliably in which case it is measured at cost less impairment. Investment Bains and losses, whether realised or unrealised, are comblned and shown in the headinB'Galn$111055e51 on investments, in the Ststement of financlal activities. Pa8e 11
YORKSHIRE NATURALisf5' UNIOM NOTES TO THE FINANCL4L STATEMETrrrs lcontinuedl fvr the yeorerth31 March 2025 A¢&1{nE polldes IrtINdI (ej IetreceIl Interest on fvnd5 held on deposlt ts tnduded when receNable and the amount can be measured rellably by the d)arity: this 15 normaliy upon notification of the interest paid or payable bythe Bank. Tan8ible fixed assets are ststed at cort less accumulated depreclatlon. Costs Includes ¢osts direcdy attributable to rnan8 the asset (apable of operating as intended. Assets ting le55 than £200 are not capitalised. Depreciation is provlded on all tan8ible fixed wets. at rates calculated to write off the COSL less their estimated residual value. of each asset on a systematic basis over its e¥ed usefvl Irves asfollows: Office equlpment - 20% on a redudng balance basts (gl C¢uh atB•n ortd7lfthtsMT Cash at bank and in hand indudes cash shcrttemi hthly liquid investments 7th a short maturlty of three months or less the date of acqulsition or openlng of the deposlt or slmllar account Llabilitie5 are recognised when there is an obligation at the Balance sheet date a5 a result of a past evenL it is probable that a transfer of economic benefft will be required in S&eMent and the amount of the settlement can be estimated reliably. Liabilities are recognlsed at the amount that the charity antlcipates ttwlll payto the debt or the amount it has reoived as athtJnced payments fthe goods cy senAces it must prowde. The charity only has financral assets and financial Ilabllltles of a klnd that quaSWy as basic finanaal instruments. Basic financial instruments are initially COun1$ed attransartion value and subsequently measured at their settlement Value with the exception of bank loans whlch are subsequently measured at amortised cost using the effective interest method. Pa8e 12
YORK>tIRE NATURAusfv UP410M NOTESTO THE FINANCIALSTATEMEp¥fs IntYed) for the yearended31 Morch 2025 Accountlng poEld•s {owrtlThd OJ Toxotlon As a charlty, The Yorkshire Naturdllsts. Union Is exemptfrom tax on Income and gal falling wtthin the available tsx exemoions tothe extentthatthese a applled to its charitabk objectives. No tax charges have arfsen In the tharlty. Ikj Fund0ccth General funds are unrestricted fvnds which are avatlable for use at the discretion of the Trustees in fvrther3nce of the 8eneral otyectives ofthe charrty and whlch have not been designated for other purposes. Deslgnated funds comprise unrestricted funds that have been Set aside by the Trustees for partlcular purposes. The aim and use of eath deswted fund 15 set OLrt the notss to the finanual statements. Restricted funds are fvnds Wthlch are to be used In acc(Ydance wlth specffic restrictlons imposed by donors or which have been ralsed bythe chaiityfor partlcular purposes. The costs of raising and administering SLKh funds are char8ed against the specific fvnd. The aim and use of eath restrlcted fund set out In the notes to the financial stements. fvnds fvffids Totsl 2025 Total 2024 Donations Grft Aid Legaaes 226 IL5331 2.002 226 11.5331 2,002 391 749 695 695 1.140 Forthe yearended 51 Marth 2024 1,140 1,140 Pa8e 13
YORKSHIRE NATURAUSTS, UNION NOTES TO THE FINANCIALSTATEMENTS Icontlnuedl for the yeor ended 31 Morch 2025 In¢om•from InTKStments Unrestrlcted fvnds 2025 Restrlrted funds 2025 Total 2025 Total 2024 Income from UK listed Investments Bank Interest reIVed 12,n7 1,668 14.445 14.162 1.242 118 1.360 1.269 14.019 1.786 15.805 15,431 For the year ended 31 frjlorth 2024 14,094 1.337 15.431 Incom• from tharltable artlvltl•s Unrestrlrted Restrltted funds funds 2025 2025 Total 2025 Total 2024 Subscrlptions- - Members and Associates - Affiliated 50cleties Libraries and Unlversltles - Subscriptlons wrltten off Conference and meetings Book and publication sales Sale of Bird Reports Advertising income Royalty Income Lepldoptera book sales 8,510 1.171 8.510 1.171 9,110 1,170 12.1231 3,095 165 96 12.1231 3.095 165 2.075 266 2.470 2,470 2,057 13.793 13,793 15,294 Forthe year ended 31 Mar¢h 2024 15,294 15,294 Page 14
YORKSHIRE NATVRAusfs' UNION NOTES TO THE FINANaALSTATEMENTS Icontinuedl for the yeorended31 March 2025 Analysls of ¢xp•ndlture on charstsble actl¥ftle5 Unrestrlrt•d Restrftted fvnds funds 2025 2025 Total 2025 Total 2024 Grants to Instltutlons Publlcatlon costs-. The Naturallst - The Blrd Report . The Butterllles and Moths Report . Splders of Yorkshlre - The State of Yorkshlre's Noture Arthlve Con5eTratlon Costs Conference Jnd meetln85 1.933 1,933 1.625 6.631 6,631 5,996 2.777 2,777 2,726 250 3,234 250 3,234 1.995 5,S14 1.995 5.514 18,850 22.334 11,030 Share of support Costs Share of Bovemance ¢osts 161 161 12.479 250 12,479 250 11.980 250 31,579 3,484 35.063 23,260 Forth• y•ar ended 31 Mah 2024 Unrestrlrted funds Restrlcted funds 23,260 23,260 23,260 23,260 Allocatlon of sUPPOrt Costs support Costs Govem•nee Total 2025 Total 2024 Prlntlng and statlonery Independent ExamlneT'5 fees Admlnlstratlve Offlcer Accountancy fees Other admlnlstratfve expense5 Computer and webslte expenses 1.255 1,255 250 1,341 250 250 5,831 2,496 2,115 5,831 2,496 2,115 5,575 2,670 1,735 782 782 659 12.479 250 12.729 12,230 Page 15
YORKSHIRE NATRUAUSTS. UNION NOTES TO THE FINANCIAL STATEMENTS Icontlnuedl Aor the year ended31 Morch 2025 N•t Income I lempendlturel for the year Net Income I lexpendlturells stated after charglng Ilcredltlng}: 2025 2024 Proflvllossl on falrvalue movement of Investments 118.3591 126,1301 Trustse$' romuneratl¢th Ind exp•ns•s NoTrustees lor any persons connected wlth them) recelved any remuneratlon or benefits from the charfty durln8 the year12023'. £nlll. Travel expenses of £nll were pald to Tru5tees12023.' £nlll. T•rylble fix•d asnts DIspY •qulpm•nt TOTAL Cost At l Aprfl 2024 Addltlons DIsp05als 4.548 4.548 At 31 March 2025 4.548 Dopwlallon At l Aprll 2024 Charge for year Ellmlnated on dlsposal 4,548 4.548 At 31 March 2025 4.548 Cjrrylni •mount At 31 March 2025 At 31 March 2024 Page 16
YORKSHIRE NATUWSTY UNION NOTES TO THE FINANCIAL STATEMEiifs {¢ontinuedl for the ye¢irended31 Morch 2025 In¥esoments M•rket ¥alu• At l Aprll 2024 Addltlons Revaluatlons Dlsposals 475,935 118.3591 At31 Mah 2025 457,576 Hlstorlcal cost at 31 March 2025 275.240 There were no Investment assets tyjtsbde the UL The falr value of Ilsted Investments is deternilned by reference to the quoted Prf for Identlcal assets In •n •ctk¥e market at the balJn¢e sheet date. Investments wthlth exceed 5% of the walue ofthe portfollo arn as folknvs: 2025 2025 2024 2024 General Funds: COIF Charltles Inve5tmenl Fund COIF Charltles Flxed Interest Fund COIF Charltles Global Equbty Fund 325.193 341,085 81% 31.394 33.425 COIF Charftles Property Fund 49.897 48,442 12% 422,952 Re5tr1cted FurKIs: COIF Charltles Investm Fund COIF tharStbes Flxed Interest Fund COIF Charities Global Equlty Fund 72% 38.595 73% 5.434 11% COIF tharltles Property Fund 17% 8.603 17% 51.rp32 52.983 457.576 47S,93S Page 17
YOW(SHIRE NATURAU5TS' UNK>N NOTES TO THE FINANCIALSTATEMENTS Icominued for theyeor ended31 March 2025 11 Debtors 2015 2024 Accounts Receivable Prepayments and accrued Other Deb 1.221 1.511 3.528 1,461 1.533 2.732 6.522 Cre(Jtots: amounts falllry due wfthln ¢)neyear 2025 2024 Accounts Payable Accnjals and deferred income 13.586 3LK) 5.798 250 13,886 6.048 Fund recon¢lli*lon Bal• * movemerrt Balance at IW2024 In fvnds 31 Mav 2025 Accumulated Fund General Revenue Account DesiBnated. ArchNe Cortservation Deslgnated- Administrative SeTvice5 377.015 65W6 I121.5) 11.0771 11.9951 io).000 255,110 64.729 38.1)05 I,000 48221 124.9771 457 OrnitholoBi¢al Accumulated FuThJ Ornfthdogical Fund Spttial Publications and Illustratlons FurMI Mycological Publication Fund Restricted Grants received (BES & OPAL) 51,956 9.636 2.435 55.502 11.422 1.786 12,4351 IA14 11.0491 765 67.185 69,033 Totsl funds 550.Q)6 123.1291 526.877 Pa8e 18
YORKSHIRE NATURALISTS. UNION NOTES TO THE FINANCIAL STATEMENTS lcontinuedl fv the yearended31 March 2025 Fund r¢¢anclllath)n- contlnued Net movement In funds. Included In the above are as follows". 6alnsl (losses) Trarth Movement fuThl$ In funds In¢ome Expendltyre Unres¢rkted lunds Accumulated Fund General Revenue A¢¢oynt De5ignated- Archive Conseryation Deslgnated- Administrative Se1$ 121,9051 1100,0001 1121,9051 11,0771 {1.9951 28,507 129.5841 11,9951 100,000 100,000 28,507 131.5791 121,9051 124.9771 Restrlrted fvnds Omlthologlcal Accumulated Fund Omltholoqlcal Fund Special Publlcatlons and Illustrationg Fund Mycolo8l¢al Publlcatlon Fund Restricted Grants recelved lotherl 3,546 3,$46 1.786 L786 12.4351 13.4841 1,049 11,0491 11.0491 Total funds 30,293 135,0631 118,3591 123,1291 The Ornitholo8i¢al Fund represents funds used by the ornithologScal section and Includes funds prevlously held by the Protectlon of Bird5 Committee. The Special Publicatlons Illustratlons Fund Include the Interest on a donatlon to enable the cost of printlng photOBraphs In the Naturallst on a regular basts. Grants or loans may also be 8iven to author9. The Mycological Fund represents cash ratsed from the sale of the Fungus Flora of Yorkshlre. Restrlcted Grants lotherl are smaller grants from other bodles- ststutory, corporats and charltable. Deslgnated Funds forArchive Conservation and Administrative Services have been rfngfenced by the Trustees to look to future larqe prolert costs of the or8anisatlon. Designated Admlnlstratlve Servlces have been ringferlced from thr accumulated fund lunrestricted investments) Pa8e 19
YORKSHIRE NATURALISTS, UNION NOTES TO THE FINANCIAL STATEMENTS Icontlnuedl fvr theyeorended 31 Morch 2025 14 Analys1$ of net assets between funds Unrestrl¢ted fun(ts Desl8nated funds Restrlrted funds Totsl Flxed assets Cash and current Investments Other current assets Illabllltoes 306.484 24,509 111.1541 100,000 38.005 51.092 17,941 457,576 80,455 111.1541 Total 319.839 138,005 69,033 526,877 Is R•lit•d party tran50% There were no dlsclosJble related party transactlons durlng the perlod12024: £nlll. Fln•n¢Sal Instruments The carryln8 amount of the charlty's flnan¢lJl Instruments are as follows.. 2025 2024 Flnunclolossets Mè45ured at falr value throu8h net Income l expendlture.. Flxed asset Ilsted Investments (note 111 4S7,576 509,973 Page 20