THE PEOPLE'S TRUST FOR ENDANGERED SPECIES
TRUSTEES, REPORT AND ACCOUNTS
FOR THE YEAR ENDED
31 DECEMBER 2024

THE PEOPLE'S TRUST FOR ENDANGERED SPECIES
CONTENTS
Page
Legal and Admlnistrative Details
Message from the Chair
Report of the Trustees
4-12
Report of the Independent Auditor
13-15
Statement of Financial Activities (including the
Income and Expenditure A¢counti
16
Balance Sheet
17
Statement of Cash Flows
18
Notes to the Financial Statements
19-35

THE PEOPLE'S TRUST FOR ENDANGERED SPECIES
COMPANY INFORMATION
Trustees
Dr Andrew Kitchener (Chairl
Sylvia Kahn-Freund, MA ICantab.I
Dr Anthony Mitchell Jones
Dr David Bullock
Emily Pringle lappoinled 17104120241
Chief Executive
Nida Al-Fulaij
Charity Number
274206
Registered Office
3 Cloisters House
8 Ballersea Park Road
London SW8 48G
Bankers
HSBC pl¢
16 King Street
London WC2E 8JF
Solicitors
Helhertons Solicitors
9 Casllegale
York Y01 9RW
Investment Advisors
Ralhbones
30 Gresham Street
London
EC2V 7QN
Auditor
PKF Littlejohn LLP
15 Weslferry Circus
Canary Wharf
London E14 4HD

THE PEOPLE'S TRUST FOR ENDANGERED SPECIES
MESSAGE FROM THE CHAIR
Message from the Chair
Once again, we have had an engaging and productive twelve months al People's Trust for Endangered
Species. and we are proud of what we have achieved. We continue to support innovative and important work
on threatened species around the world, all the more critical as the biodiversity crisis continues. Our staff and
our partners have worked hard lo support endangered reptiles, mammals and plants, such as dragon tree5 in
Ethiopia, giant tortoises in northern India, mouse-lailed dormice in Bulgaria and spider monkeys in Colombia.
Closei to home PTES has continued to grow ils inlemship award programme, supporting the next generation of
conservation scientists in the UK. Seven bright, enthusiastic young graduates received support to undertake
important work and learn new skills whilst helping address the plight of stag beetles. sea grasses, European
eels, bats. dung beeUes and while storks.
We also focussed on our projects, increasing our efforts on those key species and habitats that PTES
champions, including water voles, hazel dormice, hedgehogs, hedgerows, ancient woodland and traditional
orchards.
This work and our successes are a testament to the generous support of our donors, many of whom have been
giving to PTES for a very long lime. We are extremely grateful for your continued faith in us. I would also like to
extend thanks lo the hard work and dedication shown by our fantastic team of staff and the volunteers and
supporters who contribute to our work. These achievements would not be possible without you.
Finally, I would like lo welcome Nida Al-Fulaij as our new CEO, with effect from 1 January 2024. Nida has been
with PTES in various positions for many years, most recently as our Conservation Research Manager. We look
forward to working with her in her new role.
Dr Andrew Kitchener
Chair, People's Tru31 for Endangered Species

THE PEOPLE'S TRUST FOR ENDANGERED SPECIES
REPORT OF THE TRUSTEES
Our mlssion and purpose
Our mission and purpose are lo save our wildlife for the future. Our wildlife is disappearing. Almost thirds of
species in the UK have declined in the past 50 years. Over 65,000 species are on the international alert list.
There is nothing natural or inevitable about this. It can be slopped and we can all play a part. That's why PTES
exists. We work with scientists, conservationists, landowners, government. and the general public. Together,
we're bringing our wildlife back from the brink.
Our approach
Conserving endangered wild animals and the places where they live is a huge task. We make our limited
resources work hard, using scientific evidence lo judge where action is most needed and where we will have
the greatest impact.
We work with18ndowners, local communities, scientists and the public and lake swift, sustainable action before
il's too late. From hedgehogs and stsg beetles in our gardens, lo primates in India's tropical forests and
threatened antelopes on the grasslands of Africa, we work with passion lo save them all.
We can't do il alone, so we use our expertise and experience lo inspire thousands of volunteers to monitor
wildlife and improve their surroundings for nature.
Revlew of the year
Ouryear in the UK
In the State of Nature report120231 nearly one in six of more than ten thousand assessed species11 Sokl were
found to be al risk of being lost from Great Britain. This figure is much higher for some groups with one in four
wild lerreslrial mammals threatened. We focus where the need is greatest and where we can have the most
impact. These animals and habitats can often be overlooked bul they're vital for a healthy environment. During
2024 we Continued lo focus our resources and efforts on key mammal and invertebrate species, widespread but
threatened habitats and our wildlife leaders of the future.
Hazel domiice
Returning species lo areas where they're become exlincl is often work associated with large charismatic
species, such as beavers and lynxes. However, il's just as critical to return smaller but equally appealing
species back to the wild. PTES has led the annual conservation tonslocation programme for hazel dormice for
many years. Despite being tiny. the presence of this nocturnal mammal can help drive critical habitat creation
and management. Along with our partners the Common Dormouse Captive Breeders Group, Wildwood Trust.
Paignton Zoo, Zoological Society of London, and with funds from Natural England, we released 20 dormice lo
two locations, one in Bedfordshire and one in Lancashire. These animals were used to increase the genetic
diversity of two previously reintroduced populations, another critical step in the species recovery programme.
The National Dormouse Monltoring Programme INDMP) continues lo help PTES track the stsle of the
national dormouse population. In 2024, data were collected and submitted from 338 siles across England and
Wales. PTES staff, our volunteers and other partners pul a hLJge effort into collecting records by making
monthly visits be￿een April and October. The analysis shows that trends for June and September are roughly
level with the previous year.
PTES continues lo share the NDMP data with the UK Centre for Ecology & Hydrology ICEHI. On behalf of
Defra, CEH collates, and analyses data collected on many different plants and animals as part of the English
species abundance indicator. The indicator is used lo determine whether the government is on track lo meet ils
largels in the Environment Act 2021.
In 2024, PTES commissioned the International Union for Nature Conservation IIUCNI'S Conservation Planning
Specialist Group ICPSGI to help create a national conservation strategy for hazel dormice in England and
Wales. PTES staff have gathered a team of 12 people from a range of organisalions to fomi an Organising
Team. A wider stakeholder list is being developed for an upcoming workshop in 2025.
PTES'S CEO, Nida Al-Fulaij, attended the 12th International Dormouse Conference in Germany in September.
Over 80 delegates attended from across ELJrope and Japan lo present and discuss research and conservation
on six dormouse species. The CEO hosted a workshop on dormouse bridges with colleagues from Japan, and
co-presenled work on the effectiveness of marking methods lo determine population variables. PTES data and
work were also well-represenled through various other presentations.

THE PEOPLE'S TRUST FOR ENDANGERED SPECIES
REPORT OF THE TRUSTEES
Hedgehogs
The National Hedgehog Monitoring Programme INHMPI, launched the previous year, continued in 2024.
The NHMP is a partnership be￿een PTES, the British Hedgehog Preservation Society IBHPSI, Nottingham
Trent University, Zoological Society of London, London Hogwalch, Durham University, Mammalweb and
Conservation Al, partly supported with generous funding from Natural England. The NHMP will generate
national trends and local population density estimates of hedgehogs and other species. The pilot is testing the
feasibility of applying a citizen science framework lo a national Camera trapping monitoring programrne and
investigating whether il is possible lo use citizen scientists to help lag millions of camera trap images in
combination with Al tools lo filler out blanks and images of humans. The number of siles surveyed increased
from 13 in 2023 10 40 in 2024. and volunteer hubs from eight to 14. Habilal coverage is varied, with most
sampled habitats being improved grassland, broadleaved woodland and urbanlsuburban habitals.
The team has delivered 20 in-person training days in 2024, equipping over 200 volunteers with the knowledge
and skills needed to collect and deploy cameras al NHMP siles. Over the course of the season the team has
given six talks lo various audiences via in-person, online and hybrid formats. Nearly 300 people attended these
talks lo hear about the NHMP and be inspired to start hedgehog friendly initiatives within their local
communities.
The finalised National Hedgehog Conservation Strategy INHCSI, developed with the IUCN CPSG, was
published in October 2024. Stakeholders from research, farming, government, industry and conservation
contributed to ils development. Extensive media coverage was achieved with PTES and BHPS st8ff featured
on ITV News, numerous radio stations and in other outlets.
Our public engagement campaign Hedgehog Street. run in partnership with BHPS, continues to grow. There
are over 130,800 registered Hedgehog Champions and 192,800 hedgehog sightings on the BIG Hedgehog
Map. Hedgehog Street is working with Future Homes Hub IFHHI, a governmenl-backed collaboration of
development companies working lo help meet climate and environmental targets. Hedgehog highw8y guidance
for participating organisations has been approved by Hedgehog Street and will soon be designed and
circulated. The team was also delighted to be short-listed in the 'Animals and Environment, category at 2024
The Charity Awards, a first for PTES.
In January, Henrietta Pringle, NHMP Project Coordinator, and Grace Johnson, Hedgehog Officer, attended the
1 Oth Meeting of the European Hedgehog Resèarch Group in Berlin, delivering well-received talks about the
NHMP and conservation strategy respectively.
Water voles
In 2024 115 National Water Vole Monitoring Programme INWVMPI sites were surveyed, demonstrating
continuing dedication from volunteers. An impressive 219 Iransecls were surveyed, thanks lo volunteers
expanding their efforts by adding new Iransecls lo their existing siles. Forty-eighl sites had water vole signs
Ilalrine5, feeding signs, burrows, and sighlingsl, showing the species is still in need of widespread conservation
efforts.
PTES, with additional funding from Natural England, has commissioned IMO water vole experts, to review the
effectiveness of the conservation translocation of water voles. The work involves developing best practice
guidelines to inform how future conservation translocations are undertaken to ensure the greatest chance of
success. Early evidence highlights the need for more consislenl post-release monitoring, particularly regarding
survival, habitat condition, and mink control. A list of success criteria has been drafted. focusing on factors such
as survival rates, breeding success, population expansion, and mink management.
PTES continued lo play a key role in the London water vole recovery programme alongside partners
Zoological Society of London, Greenspace Information for Greater London and London Wildlife Trust, funded
through the Mayor of London's Rewild London Fund. Training events occurred across the capital and over ten
new NVWMP survey sites were established., there had been no regular monitoring prior to this project.
A large element of the project involved coordinating mink eradication efforts with neighbouring counties. PTES
contributed £30,000 lo smart rafts for tTapping mink. In 2024, over 20 mink were caught in London - a higher
number than expected - and il revealed that the strongest mink invasion route is from the west via the Thames
and southwest rivers.

THE PEOPLE'S TRUST FOR ENDANGERED SPECIES
REPORT OF THE TRUSTEES
other mammal work
PTES continued the extension of ils Living with Mammals (L WM) survey work, encouraging OLJr many
volunteer5 to submit sightings of mammals or their signs throughout the autumn, spring and summer. LWM
surveyors gather important data on which British mammals are using our urban and suburban green space5.
Data are 5ubmilled from gardens. parks, school grounds and cemeteries, enabling us lo generate trends for
many mammal species. In 2024, over 700 participants sent records of over 8.000 wild mammals.
Since it began in 2001, Mammals on Roads has played a central part in increasing our knowledge of the impact
roads have on wildlife and of how populations of some animals are changing. More than half a million
kilomelres of roads were surveyed and close lo 100,000 casualties recorded. Perhaps most importantly,
Mammals on Roads was one of the first surveys lo sound alarm bells for rural populations of hedgehogs.
However, whilst Mammals on Roads has told us a lol, like everything, it has ils limitations and in October, the
survey came to an end. Thank you to everyone who's taken part. Without your support, it wouldn't have been
possible.
Invertebrates
PTES continues to engage volunteers through work on other species. We have been running the Great stag
Hunf for over twenty years. Approximately 16,000 records of stsg beetles and other species were submilled
online in 2024 by volunteers who are encouraged lo create and map log piles, a critical habitat for slag beetles
and other saproxylic species.
PTES co-hosted an internship with the Natural History Museum. Our intern extracted and interpreted label data
from historical specimens of stag beetles in the NHM'S collections in order to compare these data with current
Great Stag Hunt records.
Restoring landscapes
PTES owns and manages a nature reserve on the Isle of Wight. Briddlesfords Nature Reserve. 11 is one of
the few places in the UK where endangered hazel dormice and red squirrels both occur. Two species of rare
bal, barbastelles and Bechslein's. also breed there. Consequently, the woodlands have been designated as
both a Site of Special Scientific Interest and a Special Area for Conservation, giving them the highest legal
protection.
With funds from the Countryside Stewardship Scheme a large amount of work has been undertaken across the
reserve, creating varied habilals. Five new ponds have been created in the former arable fields. As these ponds
mature, survey work will track the establishment of invertebrate populations, such as dragonflies. The wood
pasture is regenerating naturally. Sixteen oak tree cages have been built and planted up with a variety of
shrubs and scrub species either surrounding a planted main tffte lor Ireesl or a naturally regenerated tree, for
example a wild service or oak. The shrubs will provide a natural defence from grazers and once the trees reach
maturity, the tree cages will naturally rot away.
The kissing gate at the parkland has been replaced with a Farming in Protected Landscapes IFIPLI grant.
Futher FIPL funding enabled PTES to buy and put up 15 barn owl nest boxes across the reserve to help
support and monitor the island's population.
The Tree Council provided a grant lo establish an Island tree nursery. PTES is coordinating a partnership of
local groups which includes the Hanls & Isle of Wight Wildlife Trust, AONB, Wight Squirrel Trust, and Natural
Enterprise. In October local volunteers joined PTES and partner staff lo carry out the first seed collection event.
Hedgerows provide wildlife corridors for many of our native species and are important habitats in their own
right, as well as acting as a huge asset to farmers. Our hedgerow work informs and supports farmers to
understand what condition their hedges are in through PTES'S Healthy Hedgerows app. To date over 35,000
hedgerows have been surveyed using the app, providing health assessments and giving bespoke management
advi￿ direct to the farmers who manage them. During 2024, PTES extended this service by partnering with
Land App, the leading mapping sofvare for land management in the UK, lo produce a version of the Healthy
Hedgerows lo an ever-increasing farming audience. PTES has continued its policy work with Defra and the
Welsh government lo ty lo help influence Welsh and English policy decisions to improve support for
hedgerows.
PTES works with many partners lo champion and protect traditional orchards lo ensure a future for the many
species that rely on them. We also continue to identify and map traditional orchards, providing support for local
communities when they are threatened by development.

THE PEOPLE'S TRUST FOR ENDANGERED SPECIES
REPORT OF THE TRUSTEES
At our traditional orchard nature reserve in Worcestershire, Rough Hill. we continued to manage the sile to
create varied habitals. There has been extensive scrub control during the year with the help of many
volunteers.
During 2024, following the general election, we said goodbye and gave a heartfelt thank you ID our species
champion5 in Weslminsler. The Rt Hon Chris Grayling, MP, our hedgehog 'species champion, and The Rt
Hon Hilary Benn, MP, our water vole species champion have continuously provided advice and action over
many year5. We are very grateful for their support.
Throughout the year PTES staff were active in many areas and activities led by Wildlife and Countryside
Link, the largest environmental and wildlife Coalition in England. We engaged with varioLJS policy issues
particularly related lo the development of the Local Nature Recovery Slralegies, the uncertainty over farm
subsidies and in response to the emerging Planning and Infraslruclure Bill.
PTES'S CEO, Nida Al-Fulaij, continued lo play a key role as a committee member and as co-chair on two IUCN
groups, the Inlerregional Committee for Europe and Central Asia IICENCAI and National Committee UK
Species Survival Working Group.
In addition to our own work protecting species and the habitsts they depend on, PTES continues to support
research and conservation on British species through our UK Mammal Grant programme and Conservation
Internship Awards and other partnerships. We provided funds, data and support lo established and budding
scientists and conservalionisls at leading universities and wildlife organisations to answer critical questions and
carry out practical work lo..
track the creation, development and use of artificial features that mimic those found in veteon trees,
assessing whether and when barbastelles and Bechstein's bats will roost and breed in them, in order lo
provide guidance on woodland management practices",
use our National Dormouse Monitoring Programme data to identify whether the patterns of torpor in
hazel dormice are changing as a consequence of shifting weather pattems in different parts of England
and Wales.,
continue investigating what impact roads have on small rural hedgehog populations, identifying those
most al risk of extinction.,
expand the breeding and release of captive-bred European wildcats into the Cairngoms National Park
as part of a wide partnership lo save this charismatic species from exlinclion within Scolland.,
understand which solitary ground-nesting bee and wasp species use artificial bare earth scrapes for
nesting and basking, leaming which features make them attractive and how long these bare scrapes
last.,
support the Thames Estuary Project in learning what methods are best to restore seagrass populations
around the UK coastline.,
enhance and priorilise eel conservation efforts in the Thames Catchment area by supporting the
development of a revised Thames Eel Action Plan.,
investigate how bals use disused railway tunnels and learn which features are preferred by different
species, lo inform future conservation when considering opening similar tunnels for public use,.
extract and interpret historical stag beetle data from museum records for comparison with recent Great
Slag Hunt data lo see how stag beetle range might have changed and identify possible causes such as
habitat loss and climate change..
produce a habitat suitability map for while storks on the River Dart estuary, checking how much suitable
habitat there is and, if feasible, suggesting locations for artificial nests, combining fieldwork and
compuler-based mapping,. and
track changes in distribution of dung beetles across the UK, using historic specimens from the Natural
History Museum's collecb'on, mapping their historic range and comparing il with their current
dislribulion.

THE PEOPLE'S TRUST FOR ENDANGERED SPECIES
REPORT OF THE TRUSTEES
Our year around the world
PTES continues to invest in grassrool champions that work to protect threatened species and the communities
that live alongside them in countries around the world. Our five ex￿pI￿onal Conservation Partners are
working in challenging conditions lo protect Persian leopards from conflict with livestock herders, bolster forests
and farmland lo provide more habilal for slow lorises and other forest animals in Java, expand protected areas
for snow leopards in Mongolia, create wildlife friendly bridges for gibbons and langurs in northeast India and
investigate how lo best protect the isolated population of saiga antelope in western Uzbekistan.
As threats lo our global biodiversity continue lo increase, here at PTES we continue lo provide funds and
training for projects that are finding the solutions lo critical conservation problems. We are supporting the work
that will make a lasting difference, through our Conservation Insight Grant programme. Our grant funding
has support teams protecting some of the world's most endangered and lesser-known threatened species..
Asian giant tortoises and northern river terrapins in Nagaland and the Sundarbans of India, Siamese crocodiles
in the Cardamom Mountains of Cambodia, African wild dogs in Kenya, gorillas in the tropical forests of
Cameroon, golden langurs and hoolock gibbons in Assam, northwest India, hirola antelopes in the grasslands
of Kenya, mouse-lailed dormice in the farmlands and scrub forests of Bulgaria, starry night harlequin loads in
the Sierra Nevada de Santa Marta, Colombia, Chacoan and white-lipped peccaries in the Dry Chaco,
Paffiguay, endangered Djam-djam monkeys in the Sidamo Highlands, Ethiopia, and pangolins in priority
hotspots in Ghana.
Among our successes were the tagging of juvenile scalloped hammerhead sharks off the coast of Guatemala lo
determine which coastal waters they use as a nursery area, in order lo protect them from fishing activities,
supporting the fortification of over 300 livestock enclosures outside Ruaha National Park in Tanzania, resulting
in 8 950/0 reduction in livestock loss from lions and other large carnivores, working lo promote Coexistence by
Irialling a compensation scheme for households who lose poultry lo black-and-cheslnul eagles around the
Neblina Reserve in Ecvador, sending a team that looks after rescued pangolins in Vietnam lo Taipei Zoo lo
learn how lo care for trafficked animals lo reduce stress and increase survival rates, and supporting the
breeding and release of Siamese crocodiles to the rivers of the Cardamom Mountains, Cambodia, lo bolslei the
wild population.
Spreading the word
We had over 1.025 news articles featured throughout the media, with over 540 highlighting the work of PTES
and over 540 focussing on our hedgehog partnership with BHPS. Most media coverage was the result of 11
press releases issued throughout the year. Our lop stories included the launch of the National Hedgehog
Monitoring Programme, the annual hazel dormouse reintroduction, the release of the Slate of Britain's dormice
report, the start of the National Water Vole Monitoring Programme survey in spring and our Living with
Mammals survey in summer.
We featured on ITV News, Sky News, BBC Breakfast, Radio 4 Today. Springwalch. LBC Radio, BBC
Counlryfile, Channel 5 news and many more.
PTES now has over 115,000 social media followers on Facebook, Instagram. Linkedln, Bluesky, X, and
YouTube.
Our people and partners
Our success relies on the help of so many. Volunteers, individual supporters, charitable Irusls, expert advisors
and our committed staff and Trustees are all critical lo us making a real and lasting difference lo wildlife.
Thousands of volunteers also provide vital contributions to our work al our nature reserves, doing wildlife
surveys and supporting us through fundraising events.
We have partnerships with many oryanisations. Notable among these are..
Alcedo Conservation, Ancient T￿e Forum, Animex International, ARC Trust, Arb Association, BASIS, Bat
Conservation Trust, The British Hedgehog Preservation Society, BTO, Buglife, Cardiff Local Nature
Partnership, Cardiff University, CEH, Common Dormouse Captive Breeders Group, Conservation Connect,
Conservation Eviden￿ at University of Cambridge, Chillerns National Landscape, Conservation Al, Cornwall
Mammal Group, Comwall Wildlife Trust, CPRE, Defra, Devon Hedge Group, Devon Mammal Group, Dorset
Mammal Group, Dorsel Wildlife Trust, Durham University, East Cambridgeshire District Council, East Lolhian
Climate Action Group, Ealing Wildlife Group. Edinburgh University, European Hedgehog Research Group,
European Slag Beetle Monitoring Network, GIGL, Farmer Cluster Network, Forestry England (Jeskyn's
Community Woodland. Thames Chase), Friends of the Lake District, Froglife, Future Homes Hub, FWAG,
Game and Wildlife Conservation Trust, Garden Wildlife Health Project, Hedgehog Friendly Campus, Hedgelink,
HMP Humber, Hochslamm Deutschland e.v., Isle of Wight Council, Isle of Wight National Landscape, IUCN
Conservation Planning Specialist Group, IUCN National Committee UK, Natural History Society, Jonathan Cox
Associates, Kent Mammal Group, Lancaster University. Landscape Therapy. Lincolnshire Dormouse Group,

THE PEOPLE'S TRUST FOR ENDANGERED SPECIES
REPORT OF THE TRUSTEES
Local Environmental Records Centres, London Hogwatch, London Wildlife Trust, Mammal Society,
Mammalweb, Marcher Apple Ne￿Ork, Medway Valley Countryside Partnership, Mid-shires Orchard Group,
Moor Trees, Natural England, National Association of Cider Makers, NBN, National Fruit Collection, National
Hedgelaying Society, National Tru51, Natural Enterprise, Natural History Museum, Natural Resources Wales.
Naturescot, Nature Friendly Farming Network, Natu￿spy. Norfolk Wildlife Trust, North West Kent Countryside
Partnership, Nollinghamshire Dormouse Group, Nollingham Trent University, Nottinghamshire Wildlife Trust,
Orchards East Forum, Orchard Network, Paignton Zoo Environmental Park, RBG Kew, RSPB, Scotland's Rural
College, Shropshire Dormouse Group, Surrey Dormouse group. Sustaining Dunbar, Taylor Wimpey. Test
Valley Dormouse Project, The Conservation Volunteers, Scotland, The Orchard Project, The Tree Council, Uist
Native Wildlife project IRSPBI, University of Cumbria, University of Leeds, University of Reading, University of
Sussex, Vincent Wildlife Trust, Warwickshire Wildlife Trust, Wildlife and Countryside Link, Wildlife Gardening
Forum, Wildlife Trusts, Wildwood, Wiltshire Mammal Group, Yorkshire Dales National Park Authority. and
Zoological Society London.
We are also delighted lo work closely with several environmental record centres across the country,
including..
Bristol Regional Environmental Records Centre IBRERCI, Buckinghamshire and Milton Keynes Environmental
Records Centre, ERC for Comwall and the Isles of Scilly IERCCISI, Cumbria Biodiversity Data Cenlre,
Derbyshire Biological Records Centre IDerBRCI, Devon Biodiversity Records Centre IDBRCI, Dorset
Environmental Records Centre IDERCI, Environmental Records Information Centre North East IERICI, Essex
Wildlife Trust Biological Records Centre, Gloucestershire Centre for Environmental Records, Greenspace
Information for Greater London CIC IGIGLI, Greater Manchester Local Record Centre IGMLRCI, Hampshire
Wildlife Trust's Hampshire Mammal Group, Herts Environmental Records Centre IHERCI, Isle of Wight Natural
History & Archaeological Society IIWNHASI l iwalchwildlife, Leicestershire and Rutland Environmental
Records Centre ILRERCI, Lincolnshire Environmental Records Centre ILERCI Merseyside Biobank, Norfolk
Biodiversity Information Service INBISI, North & East Yorkshire Ecological Data Centre INEYEDCI
Northamplonshire Biodiversity Records Centre INBRCI, Nollinghamshire Biological and Geological Records
Centre INBGRI, Somersel Environmental Records Centre. Suffolk Biological Records Centre ISUBRCI, Surrey
8iodiversily Information Centre ISBICI, Sussex Biodiversity Record Centre ISXBRCI. South Wesl Scotland
Environmental Information Centre ISWSEICI (formerly DGERCI, Thames Valley Environmental Records Centre
ITVERCI, The Wildlife Information Centre for Lothian and the Borders ITWICI, LERC Wales Icofnod, BIS.
SEWBRD,AND VWVBICI, Warwickshire Biological Records Centre IWaBRCI, Nllshire & Swindon Biological
Records Centre IWSBRCI, Fife Nature Records Centre IFNRCI,
Thank you to all our partners, our work would not be possible without you.

THE PEOPLE'S TRUST FOR ENDANGERED SPECIES
REPORT OF THE TRUSTEES
Fundraising
Our fundraising is led by our own stsff, which oversees the income we raise from individual givers (through
appeals and legacies), recruiting new supporters, bids lo trusts and foundations, corporate partnerships.
community fundraising and retail. No exlemal professional fundoisers are employed. We are registered with
the Fundraising Regulator and are subject lo their regulations. No fundraising complaints were reported lo us or
to the Fundraising Regulator during the year.
Financial supporters
Most of our income comes from individual donors through ￿gUlar gifts and cash donations. Your generosity and
loyalty are boundless and invaluable, and parbcularly appreciated in these challenging limes.
We are also great5y indebted lo those who gave the ultimate gift to us by leaving a legacy, so that we can plan
ahead with confidence and respond quickly lo need. We received legacies this year from the following eslales..
Anne McPherson, Audrey Arkell, Barbara A Dalby, Catherine M Beresford, David Poulsom, George W Gornall,
J M Hoult, James A Hicks, Jean E Dromgoole, Jean Mortimer, Joan Pickett, Joyce A Appleton, Judith
Sleedman, Margaret Perrin. Mary Taylor, Norman E Pullen, Pamela J Moorhouse, Pauline M Davey, R J
Knechl, Richard E Price. Roger Pattie, Timothy Linehan, Waller G Bisall, and William J Farley-Hill.
During the year we received very generous and valuable support from the following trusts and foundations..
A Banister, Dacomb Charity Trust, Daisie Rich Trust, David Cutforth Charitable Trust, Elgol Fund for Nature.
Garfield Weston Foundation, Henocq Law Trust, Langdale Trust, Mary A Salmon, Mitchell Trust, Morrison-Bell
Charitable Trust, Mrs Jean S Innes Charitable Trust, R O Kinnison Charitable Trust, Sharegift, Stephen
Cockburn Charitable Trust, Swire Charitable Trust, The Antrobus Bewlay Charitable Trust, The Big Give Trust,
The Crystsl Trust, The Derek and Clare Stevens Trust, The Diana Edgson Wright Charitable Trust. The Marus
Trust, The Mullion Trust. The Pintail Trust, The Reed Foundation. The Rowland Trust Fund. The Tisbury
Telegraph Trust, The Walker 597 Trust, Waller Guinness Charitable Trust, William Eynon. and Worcester
Bosch.
We continued to also raise funds through both our online shop and our retail charity shop in Egham. Our staff
ensured that our online shop was stocked with environmentally friendly products, produced mainly by small UK-
based businesses. Sadly, due lo a loss of premises and no alternative venues being available our charity shop
in Egham closed in 2024. We extend our gratitude lo our two dedicated shop managers, Jackie Hollon and
Christine Haigh, and the many volunteers who gave their time to support our cause.
Thank you to all lo our corporate partners..
American Express Company, Amy Turrell Illustration, Barry M Cosmetics, Big Wild Thought, Ecosupport,
Ghislaine Sayers, Gift Republic, Kale Williams, Licensed lo Charm, Making A Difference Cards, Penelope Kirk,
Recycling for Good Causes, Seedball, Taylor Wimpey UK, Teemill Tech Ltd, Wildcare, Wildlife Drawing and
Your Cause,
Our most sincere thanks go to all our supporters.
Forthcoming plans
There is much to look fotward lo in the coming year. We will
Celebrate the 25th anniversary of our Conservation Internship Programme by hosting an evening event
for our impressive alumni, generous supporters and close collaborators al the Royal Geographica5
Society, London.
Acknowledge a special milestone for the National Water Vole Monitoring Programme as il celebrates ils
1 Oth anniversary. PTES will produce a paper focused on the survey methodology and water vole
trends, building on analyses, particularly regarding water vole abundance and detectability.
Create working groups and an action plan for our National Hedgehog Conservation Strategy to start
implementing action on the ground.
Continue working on the Hazel Dormouse Conservation Strategy. hosting Threat Analysis workshops
for expert stakeholders.
Undertake a Population Viability Analysis {PVAI of hazel domiice with colleagues from the UK and
Denmark.
Present an analyses of the 1998-2022 slag beetle data for comparison with the localities of historical
museum specimens lo determine any change over lime.
Work with our partners at Wildlife and Countryside Link to challenge the threats faced by new
legislation.
Plant new plum trees in our traditional orchard nature reserve, Rough Hill
Trial no-fence collars for a herd of belted Galloway callle at Briddlesford Nature Reserve
10

THE PEOPLE'S TRUST FOR ENDANGERED SPECIES
REPORT OF THE TRUSTEES
Partner with Nalurespace lo investigate ways to address conservation measures for hazel dormice on
a landscape scale.
Identify opportunities lo work with a greater number of partner organisalions both in the UK and around
the world.
Financlal matters
In January, the Trustees agreed a budget for 2025, and discussed the fonNard commitments beyond, with a
prudent eye on expenditure and fundraising potential in response lo the continuing uncertainly and Conslrainls
posed by the current economic climate. Expenditure and income Continued lo be closely monitored throughout
the year. Income levels ILJrned out significantly up on 2023 owing lo the loyalty of our supporters, the efforts of
our fundraising team and a considerable grant from Natural England lo launch our pilot National Hedgehog
Monitoring Programme. The challenge of maintaining and increasing sources ol income remained throughout
the year, given inllalionary pressures. We continue to invest significantly in recruiting more supporters, including
enhancing our fundraising and marketing budget in the expectation of future income. We continue to seek new
supporters through social media marketing predominantly.
Financial results
Income for the year amounted to £1,775,474, a decrease on the previous yeals total of £1,871.676.
Totsl expenditure for the year was higher al £1,853,258 compared with £1,742.902 in 2023. Charitable
expenditure amounted to £1,343,49912023 - £1,203.5701 including direct grants payable of £502,25712023 -
£348,557).
The Trust has commilled future grant payments of £515,03512023- £840,805) at the year-end. This forward
commitment relates to research grants for projects running for more than one year.
After accounting for the performance of inveslmenls, total funds at the year-end amounted lo £3,541,78512023
£3,553,709) of which £393,89812023 - £389,581) are held for restricted purposes.
Financial reserves policy
The Trustees aim lo maintain free reserves in unrestricted funds at a level which equates to approximately six
months of unreslricled charitable expenditure. The Trustees consider that at this level the Trust can meet ils
current conservation obligations (excluding grants lo third parties) and be responsible employers in terms of
long-term commitments or should we have any temporary financial difficulties in raising funds and lo make
redundancy payments should the need arise. The Trust makes numerous research grants lo Ihird-party projects
of more than one-year duration, and as many as five years ahead in some instances. Thus, the Trustees
consider that further provision within the reserves should be made for research project commitments to be mel.
The forward commitment IS Teviewed annually and currently stands at £840,805.
The balance held as unrestricted funds al 31 December 2024 was £3,147,887 of which £2,246.601 is regarded
as free reserves, after allowing for funds lied up in tangible fixed assets.
This includes I￿0 nature reserves valued at £499,946. Briddlesford Nature Reserve is 158 hectares of semi-
natural ancient woodland, arable farmland, lowland meadow, parkland and grazing marsh. PTES also owns a
4-hectare traditional fruit orchard on the river Avon in Worcestershire.
The charity also owns five office units with a cloistered building in Battersea on a 999 year leasehold. PTES
uses two of the offices for its own staff and rents the other three units lo two other charitable organizalions
including units lo the Bal Conservation Trust. These units and the associated leasehold were valued at
£920,000 as of2024.
PTES also has an investment portfolio which was valued al £863,607 at December 202412023 - £897,062).
Investment policy
The Trustees reserve the right lo exelude companies that carry out activities known to be to the delrimenl of the
environment. The investment policy is reviewed annually.

THE PEOPLE'S TRUST FOR ENDANGERED SPECIES
REPORT OF THE TRUSTEES
Related party transactions and Trustee, expenses and remuneration
No Trustees received any remuneration from the charity during the year. Trustees received reimbursement for
expenses between them lotalling £2,98012023 - £4,569). These reimbursements were for travel,
accommodation and subsistence expenses.
Trustees are required lo disclose all relevant interests and register them with the Chief Executive Officer and, in
accordan￿ with the Trust's policy, withdraw from decisions where a conflict of interest arises.
Basis of preparation and assessment of going concern
The Trust conslilutes a public benefit entity as defined by FRS 102. In the furtherance of ils general charitable
purposes, the Trustees have complied with the duly in s.17151 of the Charities Act 2011 and have due regard lo
the Charity Commission's published general guidance concerning the inlerpretalion of the Public Benefit
requirement under that Act. The Trustees have adopted the provisions of the Statement of Recommended
Practice Accounting and Reporting by Charities. in preparing the annual report and financial statements of the
Charity.
The Trustees consider that there are no material uncertainties about the Trust's ability lo continue as a going
concern. The most significant areas of adjuslmenl and key assumptions that affect items in the accounts are lo
do with eslimaling the liability from multi-year grant commitments and forecasting fundraising revenue given the
level of reliance on legacy income. The Trustees have approved continuing investment in fundraising lo allracl
more individual givers over the next three years. There are sufficient funds to meet liabilities for al least 12
months from the signing date of the financial slalements.
Key manag8ment personnel remuneratlon
The Trustees consider the Board of Trustees and the Chief Executive Officer as comprising the key
management personnel of the charity in charye of directing and controlling the charity and running and
operating the charity on a day-to-day basis. The Conservation Fiesearch Manager is also considered key
personnel in relation to the allocation of research grants and managing various conservation programmes.
The pay of the Chief Executive Officer and all staff is reviewed annually and normally increased in accordance
with average earnings. The remuneration is benchmarked with conservation charities of a similar size and
activity lo ensure that the remuneration is fair and not out of line with what is generally paid for similar roles.
Risks and unceriainties
The combination of the economic effect of the pandemic, the conflict in Ukraine and political environment on
employment, businesses and associated inflationary pressures in the UK is a risk with respect lo fundraising.
Some sources of funding, such as from trusts and foundations were particularly hil by demand making it harder
lo make gains. Other risks include data breaches, Soss of IT capacity, loss of key staff, inability lo deploy
volunteers. Trustees approve a risk assessment annually to measure and monitor areas of risk.
Auditor
PKF Litllejohn LLP have indicated their willingness lo continue in office.
Disclosure of information to the auditors
We, the Trustees of the charity who held office al the date of approval of these Financial Statements as sel out
above each confirm, so far as we are aware. Ihal..
There is no relevant audit infomialion of which the charity's auditors are unaware., and
We have taken all the steps that we ought lo have taken as Trustees in order lo make OLJrselves awa
of any relevant audit information and lo establish that the charity's auditors are aware of that
information.
12

THE PEOPLE'S TRUST FOR ENDANGERED SPECIES
REPORT OF THE TRUSTEES
Approval
This report was approved by the Trustees on
2025 and signed on ils behalf.
DrAndrew Kitchener
Chair. People'$ Trust for Endangered Specles
13

THE PEOPLE'S TRUST FOR ENDANGERED SPECIES
REPORT OF THE INDEPENDENT AUDITOR
Independent Auditorfs Report to the Trustees of People's Trust for Endangered Species
Opinion
We have audited the financial stslements of People's Trust for Endangered Species (the 'charity'l for the year
ended 31 December 2024 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement
of Cash Flows and notes to the financial stalemenls, including significant accounting policies. The financial
reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting
Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and RepubliG of Ireland
(United Kingdom Generally Accepted Accounting Practi￿1.
In our opinion the financial stalemenls..
give a true and fair view of the stale of the charity's affairs as al 31 December 2024, and of ils incoming
resources and application of resources, including its income and expenditure, for the year then ended.,
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice,. and
have been prepared in accordance with the requiiements of the Charities Act 2011.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable
law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit
of the financial slalements section of our report. We are independent of the charity in accordance with the ethical
requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical
Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We
believe that the audit evidence we have obtained is sufficient and appropriate lo provide a basis for our opinion.
Conclusions relating to going concem
In auditing the financial slalemenls, we have concluded that the trustees, use of the going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating lo events or
conditions that, individually or collectively, may cast significant doubt on the charity's ability lo continue as a going
concern for a period of al least ￿e1ve months from when the financial slalements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the
relevant sections of this report
Other infomiation
The other information wmprises the information included in the report of the Iruslees, other than the financial
statements and our auditor's report thereon. The trustees are responsible for the other information contained
within the report of the trustees. Our opinion on the financial slalemenls does not cover the other information and
we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information
and, in doing so, consider whether the other information is materially inconsislenl with the financial slalemenls or
our knowledge obtained in the course of the audit, or otherwise appears lo be materially misststed. If we identify
such material inconsistencies or apparent material misslatemenls, we are required lo determine whether this
gives rise lo a material misslalemenl in the financial slalemenls themselves. If, based on the work we have
performed. we conclude that there is a material misstatement of this other information, we are required lo report
that fact.
We have nothing to report in this regard.
14

THE PEOPLE'S TRUST FOR ENDANGERED SPECIES
REPORT OF THE INDEPENDENT AUDITOR
Matters on which we are required to report by exceptlon
We have nothing lo report in respect of the following matters in relation lo which the Charities (Accounts and
Reports) Regulations 2008 require us lo report to you if. in our opinion..
the information given in the financial statements is inconsistent in any material respect with the Iruslees,
report., or
sufficient accounting records have not been kept., or
the financial statements are not in agreement with the accounting records., or
we have not received all the information and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the trustees, responsibilities statement, the trustees are responsible for the preparation
of financial statements which give a true and fair view, and for such internal control as the trustees determine is
necessary lo enable the preparation of financial statements that are free from material misslatemenl, whether
due lo fraud or error.
In preparing the financial slalemenls, the trustees are responsible for assessing the charity's ability lo continue
as a going concern, disclosing, as applicable, matters related lo going concern and using the going concern basis
of accounting unless the Iruslees either intend lo liquidate the charity or lo cease operations. or have no realistic
alternative but to do so.
Auditor's responslbilities for the audit of the flnancial statements
We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with
the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assuonce about whether the financial statements as a whole are free
from material misslatemenl. whether due to fraud or error, and to issue an auditor's report that includes our
opinion. Reasonable assuran￿ is a high level of assuran￿ but Is not a guarantee that an audit conducted in
accordance with ISAS IUKI will always detect a material misstalemenl when il exists. Misstatements can arise
from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be
expected lo influence the economic decisions of users taken on the basis of these financial slatemenls.
Irregularities, including fraud, are instances of non-complian￿ with laws and regulations. We design procedures
in line with our responsibilities, outlined above, lo delect material misslatemenls in respect of irregularities,
including fraud. The extent lo which our procedures are capable of detecting irregularities, including fraud is
detailed below..
We obtained an understanding of the charity and the sector in which il operates to identify laws and
regulations that could reasonably be expected to have a direct effect on the financial slalements. We
obtained our understanding in this regard through discussions with management, industry research,
application of cumulative audit knowledge and experience of the sector.
We determined the principal laws and regulations relevant lo the charity in this regard to be those arising
from the Charities Act 2011 and Charities (Accounts and Reports) Regulations 2008.
We designed our audit procedures lo ensure the audit team considered whether there were any
indications of non-compliance by the charity with those laws and regulations. These procedures included,
bul were not limited lo enquiries of management. review of minutes and review of legal Correspondence.
We also identified the risks of material misststemenl of the financial statements due lo fraud. We
considered, in addition lo the non-rebuttable presumption of a risk of fraud arising from management
override of controls, that there is a risk around revenue recognition in relation lo income from the legacies
and grants.
As in all of our audits, we addressed the risk of fraud arising from management override of controls by
performing audit procedures which included, but were not limited lo.. the lesling of journals., reviewing
accounting estimates for evidence of bias., and evaluating the business rationale of any significant
transactions that a￿ unusual or outside the normal course of business.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including
those leading lo a material misstatement in the financial slalemenls or non-complianTr with regulation. This risk
increases the more that compliance with a law or regulation is removed from the events and tonsactions reflected
in the financial slalemenls, as we will be less likely lo become aware of instances of non-compliance. The risk is
15

THE PEOPLE'S TRUST FOR ENDANGERED SPECIES
REPORT OF THE INDEPENDENT AUDITOR
also greater regarding irregularities occurring due to fraud rather than error. as fraud involves intentional
concealment, forgery. collusion, omission or misrepresentation.
A further description of our responsibilities for the audit of the financial statements is located on the Financial
Reporting Council's website al.. www.frc.or
.uk
auditorsres
onsibilities This description forms part of our audilorfs
report.
Use of our report
This report is made solely to the charity's Iruslees, as a body, in accordance with Part 4 of the Charities (Accounts
and Reports) Regulations 2008. Our audit work has been undertaken so that we might slate lo the charity's
trustees those matters we are required lo slate lo them in an audilorfs report and for no other purpose. To the
fullest exlenl permitted by law, we do not accept or assume responsibility to anyone other than the charity and
the charity's Iruslees as a body, for our audit work, for this report, or for the opinions we have formed.
PKF LittleSohn LLP
Statutory Auditor
15 Weslferry Circus
Canary Intharf
London E14 4HD
13 October
2025
PKF Littlejohn LLP is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment
as auditor of a company under section 1212 of the Companies Act 2006
16

THE PEOPLE'S TRUST FOR ENDANGERED SPECIES
STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 31 DECEMBER 2024
Restated
Total
2023
Unrestricted Restricted
Funds
Funds
Total
2024
Notes
Income and endowments from:
Donations and legacies
Charitable activities
Investments
Sale of goods and publications
Other income
1,149,799
329,248
24,784
105,184
51,468
114,991
1,264,790 1,381,540
329,248
298,904
24,784
27,330
105,184
117,415
51,468
46,487
Total Income and endowments
1,660,483
114,991
1.775,474 1,871,678
Expenditure on:
Raising funds
Charitable activities
509,759
1,232,825
509,759
539,332
1,343,499 1,203,570
110,674
Total expenditure
1,742,584
110,674
1,853,258 1.742,902
Net Incomellexpenditure} before net
unrealisedl realised Ilossesl on
investments
182,1011
4,317
177.784}
128,774
Net unrealisedlrealised Ilossesl I gains on
investments
16
65,860
65,860
1187,5171
Net lexpenditurel and movement in
funds
{16,2411
4.317
111,9241 158,7431
Reconclliation of Funds..
Total funds brought forward Irestaledl
19
3.164,128
389,581
3.553.709 3,612,452
Total funds carried forward
19
3,147,887
393,898
3.541,785 3,553,709
All income and expenditure derives from continuing activities.
The statement of financial activities includes all gains and losses recognised during the year.
The notes on page 19 10 35 form part of these Financial Slalemenls.
Reconciliatlon of funds
Funds brought forward at 1st January 2024
As previously slated
Prior period adjustments
As restated
3,048.344 384,210 3,432,554
115.784
5,371
121 155
3 164.128 389,581 3 553 709
26
17

THE PEOPLE'S TRUST FOR ENDANGERED SPECIES
BALANCE SHEET
AT 31 DECEMBER 2024
Restated
2023
Notes
2024
Fixed Asset$
Tangible assets
Investments
Investment Propety
Cash at Stockbrokers
901,286
863,607
920,000
21,975
909,647
897,062
920,000
9,991
16
16
2,706,868
2,736,700
Current Assets
Stocks
Debtors
Cash at bank and in hand
8,740
811,308
213,179
11,074
687,601
218,018
17
1,033,227
916,693
Creditors: Amounts Falling Due
Within One Year
{185,7911
187,1651
Net Current Assets
847,436
829,528
Creditors: Amounts Falling Due
After one Year
112,5191
112,5191
Total Net Assets
3,541,785
3,553,709
Charfty Funds
Unrestricted funds
Restricted funds
19
3.147,887
393,898
3,164,128
389,581
3,541,785
3,553.709
The financial slalements were approved and aulhorised by the Board of Trustees on
and were signed on ils behalf by..
2025
Dr Andrew Kitchener
Chair, People's Trust for Endangered Species
The notes on pages 19 to 35 form part of these Financial Slalements.
18

THE PEOPLE'S TRUST FOR ENDANGERED SPECIES
STATEMENT OF CASH FLOWS
YEAR ENDED 31 DECEMBER 2024
RESTATED
2023
Notes
2024
Cash flow from operating activltles
21
1113,4261 {116,7731
Net cash flow provided by operating
activities
1113,4261 {116,7731
Cash flow from Investing activities
Payments lo acquire tangible fixed assets
Payments lo acquire Investments
Receipts from sales of investments
Dividends and interest from investments
15
16
16
13,5281
1353,1161 1425.0121
452,431
524,874
24,784
27,330
Net cash flow used In Investing activities
120,571
127,192
Change in cash and cash equivalents In
the year
7,145
10,419
Cash and cash equivalents at 1 January
228.009
217,590
Cash and cash equivalents at 31 December
235, 154
228,009
Cash and cash equlvalents consists of:
Cash al bank and in hand
Cash al Stockbrokers
213,179
21,975
218,018
9,991
Cash and cash equlvalents at 31 December
235,154
228,009
The notes on pages 19 10 35 form part of these Financial Statements.
19

THE PEOPLE'S TRUST FOR ENDANGERED SPECIES
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
1. Summary of Significant accounting policies
The significant accounting policies applied in the preparation of these financial statements are set out below.
The accounting policies have been applied consistently throughout the year and in the preceding year, unless
otherwise ststed.
Basis of Preparation of Accounts and General Information
The charity conslilutes a public benefit entity as defined by FRS 102. The financial statements have been
prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 the Charities Act 2011 and UK Generally Accepted
Practice as il applies from 1 January 2019.
The financial slalemenls have been prepared to give a 'true and fair. view and have departed from the
Charities (Accounts and Fieportsl Regulations 2008 only lo the exlenl required lo provide a 'lrue and fairf
view. This departure has involved following the Accounting and Reporting by Charities Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 102} rather than the Accounting and
Reporting by Charities Statement of Recommend Practice effective from 1 April 2005 which has since been
withdrawn.
The financial statements have been prepared on a going concern basis under the historical cost convention.
The financial statements are prepared in sterling which is the functional currency of the charity.
The significant accounting policies applied in the preparation of these financial statements are sel out below.
These policies have been consistently applied lo all years presented unless otherwise staled.
Golng Concern
The Iruslees consider that there are no material Un￿rtaIntieS about the Trust's ability lo continue as a going
concern. The most significant areas of adjustment and key assumptions that affect items in the a¢coLJnts are
lo do with estimating the liability from multi-year grant commitments and foreeasting fundraising revenue given
the level of reliance on legacy income. The trustees have approved investment in a significant fundraising
drive lo attract more individual givers over the next four years.
Income Recognition
All incoming resources are included in the Statement of Financial Activities ISOFAI when the chaiity is legally
entitled lo the income, after any performance conditions have been met, when the amoLJnt can be measured
reliably 2nd when il is probable that the income will be reTrived.
Income from donations, including gifts and grants that provide core funding or are of general nature, are
recognised on receipt, unless there are conditions allached ID the donation that require a level of performance
before entitlement can be obtained. In this case income is deferred until those conditions aTe fully met or the
fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled.
Legacy income is recognised when the charity becomes aware that probate has been granted, there are
sufficient assets in the eslale lo pay the legacy and that any conditions allached lo the legacy are either in
control of the charity or have already been mel. On occasion legacies will be notified where il is not possible
to measure the amount expected to be distributed with sufficient reliability. On these occasions, the legacy is
treated as a contingent asset and disclosed. Legacy notification received up to five months after the year will
be reviewed for inclusion in the accounts.
Income from trading activities includes income earned from tmding activities to raise funds for the charity.
Income is received in exchange for supplying goods and setvices in order lo raise fLJnds and is recognised
when entitlement has occurred.
The charity receives grant income which provides funding to support the performance aclivilies. Income from
other grants are recognised al fair value when the charity has enlillemenl after any performance conditions
have been met, it is probable that the income will be received and the amount can be measured reliably. If
entitlement is not met then these amounts are deferred.
20

THE PEOPLE'S TRUST FOR ENDANGERED SPECIES
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
1. Accounting Policies Icontinuedl
Income recognltlon {contlnued)
Investment income is recognised on a receivable basis. Investment income is earned through holding assets
for investment purposes such as shares and includes dividends and interest.
Other income includes rent income which is recognised as the charity's right lo receive payment is
established.
Expenditure Recognition
All expenditure is accoLJnled for on an accruals basis. Expenditure is recognised where there is a legal or
conslruclive obligation lo make payments lo third parties, il is probable that the settlement will be required
and the amount of the obligation can be measured reliably. 11 is calegorised under the following headings..
Costs of raising fund5 ineludes those costs incurred in allracling donations, and those incurred in
trading activities that raise funds.. and
Expenditure on charitable activities includes expenditUTe associated with the main objectives of the
charity and include both direct costs and support Costs relating lo these aclivilies.
Grants payable lo third parties are included in expenditure on charitable aclivilies. Where unconditional grants
are made, these amounts are recognised when a constructive obligation is created, typically when the
recipient is notified that a grant will be made lo them. Vvhere grants are conditional on performance, then the
grant is only recognised once any unfulfilled conditions have been met that are outside of the control of the
charity.
Support Costs allocation
Support costs are those that assist the work of the charity but do not directly represent charitable activities
and include officelpremises costs, communications costs, governance costs. and management and
administration costs. They are incurred directly in support of expenditure on the objects of the Charity. Where
support costs cannot be directly attributed lo particular headings they have been allocated lo each programme
activity based on the size of the programme expenditure as a proportion of the lolal expenditure on charitable
activities and raising funds.
The costs of raising funds Ifundraising costs) are those incurred in seeking voluntary contributions and do not
include the costs of disseminating information in support of the charitable activities.
The analysis of these costs is included in note 9.
stocks
Stocks are slated al the lower of cost and estimated selling price less costs to complete and sell. Cost includes
all costs of PLJrchase, costs of conversion and other costs incurred in bringing stock lo ils present location and
condition. Provision is made for damaged, obsolete and slow-moving stock where appropriate.
Tangible Fixed Assets and Depreclatlon
Tangible fixed assets are ststed at cost less depreciation. The cost of minor additions or those costing less
than £1,000 are not capitalised. Depreciation is provided al rates calculated lo write off the cost or valuation
of fixed assets, less their estimated residual value, over their expected useful lives on a slraighl-line basis..
Motor Vehicles
Fixtures & Fillings
Roof improvements
Long Leasehold buildings
250
20
21

THE PEOPLE'S TRUST FOR ENDANGERED SPECIES
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
1. Accounting Policies Icontinued)
Investments
Publicly traded investments, or those where fair value can otherwise be measured reliably, are measured al
fair value al each balance sheet date, with changes in fair value recognised in 'nel gainslllossesl on
investments, in the SOFA.
Investment property is carried at fair value, which has been valued by and independent valuer which holds
the relevant professional qualifications and experience in the are lo be able to value the property. No
depreciation is provided. Changes in fair value are recognised in the Statement of Financial Activities for the
current period. The investment properties are revalued every 5 years. The investment properties were last
revalued al 31 December 2023.
Debtors and creditors r9ceivable I payable within one year
Debtors and creditors with no slated interest rale and reTrivable or payable within one year are recorded al
transaction price. Any losses arising from impairment are recognised in expenditure.
Provisions
Provisions are recognised when the charity has an obligation at the balance sheet date as a result of a past
event, il is probable that an outflow of economic benefits will be required in settlement and the amount can
be reliably estimated.
Funds
Unrestricted ftjnds are available for use al the discretion of the Trustees in furtherance of the general objective
of the charity and which have not been designated for other purposes.
Reslricled funds are monies raised for, and their use restricted to, a specific purpose or donations subject lo
donor-imposed conditions. The cost of raising and administering such funds are charged against the specific
fund. The aim and use of each restricted fund is set out in the notes lo the financia5 statements.
Employee Benefits
Wnen employees have rendered Servi￿ to the charity, short-lerm employee benefi'ts to which the employees
are entitled are recognised at the undiscounled amount expected lo be paid in exchange for that service.
The charity operates a defined contribution plan for the benefit of ils employees. Contributions are expensed
as they become payable.
Tax
The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered
lo pass the lesls set out in Paragraph 1 Schedule 6 of the Finance Act 2010. 11 therefore meets the definition
of a charitable company for UK corporat'on lax purposes.
22

THE PEOPLE'S TRUST FOR ENDANGERED SPECIES
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
2. Income from donations and legacies
RESTATED
Total
2023
Total
2024
Legacies
Donations
Corporate donation5
459,379
736,920
68,491
555,852
671,542
154,146
1,264,790
1,381,540
Income from donations and legacies was £1,264,790 12023 £1,381,5401 of which £1,149,799 12023
£1,292,0801 was attributable lo unrestricted funds and £114.991 12023 £89,460) was attributable to
reslricled funds.
3. Ineome from Charitable Activities
Total
2024
Total
2023
Grants
Other charitable income
311,229
18,019
269,961
28,943
329,248
298,904
Income from charitable activities was all attributable to unreslricled funds in both years..
4. Income from investments
Total
2024
Total
2023
Dividends and interest on investments
24,784
27,330
24,784
27,330
Income from investments of £24,78412023.' £27.3301 was allributable lo unrestricted funds.
5. Sale of goods and publications
Total
2024
Total
2023
Pop-up shop sales income
Online sales income
Other sales income
33,472
44,014
27,698
37,050
69,348
11,017
Total sales of products and publications
105,184
117,415
23

THE PEOPLE'S TRUST FOR ENDANGERED SPECIES
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
5. Sale of goods and publlcatlons Icontlnuedl
Total
2024
Total
2023
Cost of Sales..
Opening Stock
Purchases
Closing Stock
11,075
6,539
18,7401
17,104
14,800
111,0741
8,874
20,830
Surplus on sales activity
96,310
96,585
Income and expenditure arising from the sales of goods are wholly attributable lo unrestricted funds.
6. Other income
Total
2024
Total
2023
Rental Income
Mis￿lIaneOUS Income
44,785
6,683
44,441
2,046
51,468
46,487
Other income was wholly attributable lo unrestricted funds.
7. Costs of raising funds
Total
2024
Total
2023
Salaries and staff costs
Investment fund managers costs
Sales activities
Other direct costs
Support costs
219,587
10,057
24,909
185,476
89,730
230,113
10,057
37,226
160,890
101,046
509,759
539,332
Costs of raising funds was £509,75912023- £539,332) of which £509.75912023- £539,332) was attributable
lo unrestricted funds and £Nil12023." £Nill to reslricled funds.
24

THE PEOPLE'S TRUST FOR ENDANGERED SPECIES
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
8. Analysis of expenditure on charitable activities
Current Year
Salaries
and staff
costs
Direct Support
costs
costs
Total
2024
Research grants support
Research grants
Nature reserves
Conservation projects
Education and public awareness
51,283
13,945
65,228
387,739
72,584
693,434
124,514
387,739
27,577
189,448
18,491
31,062
378,473
50,240
13,945
125,513
55,783
511,058
623,255
209,186 1,343,499
£110,674 of the above costs were attributable to restricted funds12023 £108,634} and £1,232.825 12023
£1,094,936) were attributable lo unrestricted funds.
Prior Year
Salaries
and staff
costs
Direct
costs
Support
costs
Total
2023
Research grants support
Research grants
Nature reserves
Conservation projects
Education and public awareness
28,565
16,842
45,407
268,812
89,419
659,033
140,899
268,812
49.912
185,381
37,066
22,665
338,944
19,627
16,842
134,728
84.206
409,801
541.151
252.618
1,203,570
9. Allocation of support costs
Current Year
Management & Premises Governance
Administration
costs
costs
Staff costs
Total
2024
Fundraising
Research grants
Nature reserves
Conservation projects
Education and public awareness
15,816
3,163
3,163
28,469
12,653
43,942
8,788
8,788
79,095
35,153
9,972
1,994
1,994
17,949
7,977
69,730
13,945
13,945
125,513
55,783
63,264
175,766
39,886
278,916
Support costs are allocated in accordance with the accounting policy on page 19.
25

THE PEOPLE'S TRUST FOR ENDANGERED SPECIES
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
Prior Year
Management & Premises
Administration
costs
staff costs
Governance
costs
Total
2023
Fundraising
Research grants
Nature reserves
ConseNalion projects
Education and public awareness
52,125
8,688
8,688
69,500
43,438
52,988
8,831
8,831
70,651
44,157
7,989
1,332
1,332
10,652
6,658
113,102
18,851
18,851
150,803
94,253
182,439
185,458
27,963
395,860
10. Analysis of grants
Grants tolalling £502,257 is reflective of grants paid. Recipients of grants..
Conservation Insight Grants
Grant Recipient
Grant Title and Description
Grant
Amount
7,240
7,500
9,821
M ala Rsearrh Centre
The Habitat Founi5ation
African Wildlife Foundation
Conservation and ie5toration of African wild do
sinKen
DNA metabarcodin
the food ol elusive Roach's mouse tailed dormice
Supporting the creation ol Baygeli gorilla guardians in Campo Ma'an
Reserve, Cameroon
Cambodian crocodile conservation captive breeding and rele85e
ramme
Establishing artificial canopy bridges for fragmented popu18tion5 of
olden lan
ur in Assam. India
Engaging local ¢ommunitites in the conservation of the endan9ered
abal elba dra
on tree and its de
raded habitats in Ethio
Conservatioll of 8 nursery ar88 for scalloped hammerhead sharks in the
Pacific of Guaternala
Ensuiin
the lon
-tertn sutvNal of released
an
olins in Vietnam
Definin
ancient
rassland to allow for better
roteclion in the UK
Conservation of Madras hedgehogs in southern India
Fauna & Flora
5,000
Conservation Himalayas
7,700
Adigrat University
18.920
Blue World Foundation
15,609
Save Vielnarn's Wildlife
Planllife International
Action for Corlltnunity
Transformation India Foundation
Trust
Threatened Species
Consetvation Allian
THRESCOAL
Hirola Conservation P
Bahir Dar University
10,000
6,711
Identifying pangolin priority areas in Ghana
9,994
ramme
Habitat restoration for hirola
Conservation of djam-djam rnonkeys and their barnboo forest habitat in
Sidamo Hi
hlands. Ethio
Collaborating with a local indigenous wmrnunity to cons8rve the stsrry
ht harle
uin toad in Colombi8
Conservation of Ch8C08ll P8ccary in the Gran Chaco of Paraguay
6,000
10,000
Fundaaon Atelopus
10.000
S. P. E. C. l. E. S- Lifescape
International Inc
9,509
26

THE PEOPLE'S TRUST FOR ENDANGERED SPECIES
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
Conservation Partnershlp grants
Grant Recipient
Grant Titl8 and Description
Grant
Amount
20,000
Snow Leopard Conservation
Foundation
Little Firefaff Project
Advancing the local capacity for community-managed snow leopard
corTrserv&tion in T05t Nature Reserve South Gobi Mon
Conservation of slow loris through education afid farmer etnpowerment in
Java
Promotin
coexistence of humans and Persian l&0
ards
Safe
uardin
Hoolock
ibbons and olden lan
ur5 in A55am, India
Conserving large carnivores through community empowerment in southern
Tanzania
20,000
WildCRU
Conservation Himala
WildCRU
as
20,000
UK mammal research and conservation grants
Grant Recipient
Grant Title and Description
Grant
Amount
3,614
Bat5 Ltd
lrnproving the future for two Iree-(Iwelling bat species., barbastelles and
Bechslein's bals
Captive breeding 8nd rel8asing Scottish wildcats
Royal Zoological Society of
Scotland
Trees for Life
Vin￿nt Wldlife Trust
Spires Ecology
Waterlife Recovery Trust
E15pelh Stnart
40,000
Establishing new led squirrel populations in Scotland
Assessing the Social feasibility of reintroducing wildcats to Wales
Producing guidelines for water vole tran51ocations
London Water Vole Recovery Project- mink eradication work
Can FIT (Footprint Identification Technology) identify small mammals
case stud
usin
hazel dorrnico and hed eho
10,000
5.000
16,625
25,435
2,485
UK Conservation Internship Programme Grants
Grant Recipient
Grant TI￿e and Description
Grant
Amount
5,000
3,980
Joshua Srnith
William Bayfield-Farrell
Recoverin
sea
rass meadows
Using citizen science records and museum specimens to map range
chan
es in dun
beetles
Creatin
an action
lan for Euro
ean eels
Records of sta
beetles then and now.. ma
chan
e lor conservation
Givin
round-nestin
healhl8nd bees and w8S
sahel
hand
Assessing habitat suitability for reintroducing white Storks to the Dart
estua
Understanding the foraging and roosting potential of the UK'S disused
tunnel network for bat5
Matthew Chen
Fieya Read
B8iley Ca15well-Morris
Ursul8 Heinze
5,000
5,000
4,510
4,980
Rachel Reizin
5,000
other Grants Awarded in Year
Grant Recipient
Grant Title and Description
Grant
Amount
65,150
53,583
1,759
2,750
e07
Zoological Society of London
Nottingham Trent University
Orchard owners
Alcedo Consetvalion
Miscellaneous
National Hed eho
National Hed eho
Orchard Grants
Grantee worksho
Conservation Standards trainin
Ad'ustment to rants and bank cha
es
Monitorin
Monitorin
Pro
Pro
ramme
ramme
for
rant leaders
Total grants payable in the ygar
502,257
27

THE PEOPLE'S TRUST FOR ENDANGERED SPECIES
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
11. Governance costs
Total
2024
Total
2023
Staff costs
Legal and professional fees
Trustees, expenses
Board meeting expenses
Auditor's remuneration
14,906
6,465
2,980
3,385
12,150
13,376
63
4,789
9,735
39,886
27,963
12. Net Income for the year
The nel income is slated after charging..
Total
2024
Total
2023
Dep￿ciatIon of tsngible fixed assets
Audilols remuneration- Statutory audit
11,889
12.150
11,989
9,735
13. Trustees. and key management personnel remuneration and expenses
The trustees consider the board of Iruslees and the chief executive as comprising the key management
personnel of the charity in charge of directing and controlling the charity and running and operating the charity
on a day-to-day basis. The grants manager is also considered key personnel in relation lo the allocation of
research grants.
The pay of the chief executive and all staff is reviewed annually and normally increased in accordance with
average earnings. The remuneration is benchmarked with conservation charities of a similar size and activity
to ensure that the remuneration is fair and not out of line with what is generally paid for similar roles.
The total amount of employee benefits received by key management personnel during the year was £95,475
12023 - £110,OSOI including pension contributions of £Nil12023 £8,593).
The trustees neither received nor waived any remuneration during the year12023'. £Nill.
14. Staff costs and employee benefits
The lolal staff costs and employee benefits were as follows".
Total
2024
Total
2023
UK employee salaries
Social security
Defined contribution pension costs
Redundancy
700,217
67,990
32,340
4,000
701,618
68,212
40,434
804,547
810,264
28

THE PEOPLE'S TRUST FOR ENDANGERED SPECIES
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
14. Staff costs and employee benefits Icontl
The number of employees who received total employee benefits (excluding employer pension costs) of more
than £60,000 is as follows..
Number of employees
2024
2023
£80,001- £90,000
During the year the charity paid £Nil12023- £8,332) under a defined contribution pension scheme on behalf
of the staff members earning over £60,000.
The average monthly number of employees during the year was as follows..
2024
2023
Research grants
Nature reserves
Conservation projects
Fundraising
Education and public awareness
Adminislralive
20
22
No trustees received any remuneration from the charity during the year.
Four Iruslees12023 - four) received reimbursement for expenses between them tolalling £2,980 12023
£4,569). These expenses were made up of travel and accommodation expenses of £2,98012023 - £4,569).
Trustees are required to disclose all relevant interests and register them with the Chief executive and in
acwrdance with the Trust's policy withdraw from decisions where a conflict of interest arises.
29

THE PEOPLE'S TRUST FOR ENDANGERED SPECIES
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
15. Tangible Fixed Assets
Freehold
Land
Long
Roof
Motor
Leasehold Improvements Vehicles
Property
Fixtures
and
rittings
Total
Cost
A8 at 1 January 2024
Additions
Disposals
As at 31 December2024
499,948
512,785
36.123
12,558
92,995 1,154,407
3,528
3,528
112,5581
96,523 1,145,377
12,558
499,946
512,785
36,123
Depreciatlon:
As al 1 January 2024
Charge for the year
Disposals
As al 31 December 2024
129,000
10,256
10.207
1.153
12,558
92,995
480
244,760
11,889
112,558
244,091
112,5581
139,256
11.360
93,475
Net book value:
499,946
373,529
24.763
3,048
901,286
At 31 December 2024
At 31 December 2023
499,946
383,785
25,916
909,647
16. Fixed Asset Investments
2024
2023
Fixed asset investment
Investment property
863,607
920,000
897,062
920,000
1,783,607
1,817,062
la} Fixed asset investments
2024
2023
As at 1 January
Additions
Disposals
Nel gainslllossesl on revaluation
897,062
937,751
353,116
425,014
1452,4311 1524,8741
65,860
59,171
Market Value as a131 December
863,607
897,062
Historical cost as at 31 December
800,070
840,894
30

THE PEOPLE'S TRUST FOR ENDANGERED SPECIES
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
Analysis of Quoted Investments
2024
2023
UK Quoted
Europe Quoted Investments
Overseas Quoted Investment5
270,920
51,170
477,980
367,341
64,822
408,731
Historieal cost as at 31 December
800,070
840,894
Material Investment$
2024
2023
Investments representing more than 50/0 of the market Value of the portfolio
Brown Advisory Fds BWN Adv Us Susl GGth Si GBP15.510/.}
JPMorgan ETFS Ire US Rei Equity Esg Elf Disl16.480AI
Vanguard Funds PIC S&P 500 Ucils Etf USD Dis16.01 OAI
BA Beutel Goodman BA Beulel Goodman Us Val C
TM Natixis Inv Fds TM N Ls Us Eqty Ldrs Qa Acc
78,221
83.708
49,408
58,119
46,337
74,837
91,778
Ibl Investment property
2024
2023
As al 1 January
RevalLJation
920,000
1,166,688
1246,6881
Market Value as at 31 December
920,000
920,000
17. Debtors
RESTATED
2023
2024
Legacies receivable
Prepayments and accrued income
711,534
99,774
548,072
139,529
811.308
687.601
31

THE PEOPLE'S TRUST FOR ENDANGERED SPECIES
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
18. Credltors
Amounts Falllng Due WithSn One Year
2024
2023
Trade creditors
Social security & other taxes
Other creditors
Accruals
Grants Payable
56,094
5,264
6,646
41,364
76,423
29,339
576
8,396
28,854
20,000
185,791
87,165
Amounts Falling Due After One Year
2024
2023
Provision for ￿paIrS
12,519
12,519
19. Fund reconclllatlon
Restated
Balance as
at 01.01.24
Income Expenditure Investments
osts {lossesllgain$
Balance as
at 31.12.24
Mammal Trust UK
Briddlesford Wood
Briddlesford Wood Capital Grant
Hedgerow Work
While Rhino and Gorilla
180.814
33,943
157.125
89,991
188,3531
182,452
33,943
157,125
12,500
7,878
25.000
112,5001
19,8211
17,699
Total restricted funds
389,581
114,991
1110,6741
393,898
General Funds
3,164,128
1,660,483 11,742,584)
65,860
3.147,887
Total unrestricted funds
3,164.128
1,660,483 11,742.5841
65,860
3,147,887
Total funds
3,553.709
1,775,474 11,853.2581
65,860
3,541,785
32

THE PEOPLE'S TRUST FOR ENDANGERED SPECIES
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
Restated
Balance as
Restated
Income
Restated
Balance as
Expenditu Investments
re
costs Ilosses}Igains
at 01.01.23
at
31.12.23
Mammal Trust UK
Briddlesford Wood
Briddlesford Wood Capital
Grant
White Rhino and Gorilla
190,167
33,943
157.125
89,460
(98,8131
180,814
33,943
157.125
27,520
19,821}
17,699
Total restricted funds
408,755
89,4SO
1108,6341
389,581
General Funds
3,203,697
1,782,21S
11,634,2S81 {187.5171
3,164,128
Total unrestrieted funds
3,203,697
1,782,216
11,634,268) 1187.5171
3,164,128
Total funds
3,612,452
1.871,676
11,742,902) 1187.5171
3,553,709
Purpose$ of Restricted Funds:
Mammals Trust UK was established during 2000 to promote mammal conservation in the UK. The fund
was laLJnched to the public in April 2001.
The Briddlesford Wood Fund represents 50/0 of the funding for the purchase of a plot of land at
Briddlesford Wood in 1996.
The Briddlesford Wood capital grant was received from the Heritage Lottery Fund for the purpose of
extending the plot of land owned on the Isle of Wight.
The White Rhino and Gorilla Fund was established in 2001 out of a legacy specifically bequeathed for
use in connection with work with white rhinos and gorillas.
Sufficient funds are held for each restricted fund in an appropriate form to enable each fund to be applied in
accordance with any restrictions imposed.
33

THE PEOPLE'S TRUST FOR ENDANGERED SPECIES
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
20. Analysis of net assets betwoen funds
Current Year
Tangible Investment$
Fixed
Assets
Net
Current
Assets
Non
Current
Llabilities
Total
Restricted Funds
Briddlesford Wood
Mammal Trust UK
Briddlesford Wood Capital Grant
Hedgerow work
Vvhite Rhino and Gorilla
33,943
182,452
33,943
182,452
157,125
12,500
7,878
157,125
12,500
7,878
157.125
236.773
393.898
Unrestricted funds
744,161
1,805,582
610,663
112,519) 3.147,887
Total funds
901.286
1,805.582
847,436
112,5191 3,541,785
Restated
Prior Year
Tangible Investments
Fixed
Assets
Net
Current
Assets
Non
Current
Llabilities
Total
Restricted Funds
Briddlesford Wood
Mammal Trust UK
Briddlesford Wood Capital Grant
While Rhino and Gorilla
33,943
180,814
33.943
180,814
157,125
17,899
157,125
17,699
157.125
232,456
389,581
Unrestricted funds
752,522
1,827,053
597,072
112,5191 3,164,128
Total funds
909,647
1,827,053
829,528
112,5191 3,553,709
34

THE PEOPLE'S TRUST FOR ENDANGERED SPECIES
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
21. Reconclllation of net income to net cash flow from operating activities
RESTATED
2023
2024
Net outgoing resources for year
111,9241
1127,835)
Dividends,
investments
Depreciation of tangible fixed assets
(Gain) l Loss on disposal of fixed asset
investments
Ilncreaselldecrease in stock
Ilncrease}Idecrease in debtors
Increase in Creditors
Unrealised loss of fixed asset investments
interest
and
rents from
124.7841
127,3301
11,889
168,4691
2,334
{123,707}
98,626
2,609
11.989
171,3331
6.030
1166,6971
14471
258,850
1113,4261
1116,7731
22. Pensions and other post-retiroment benefits
Defined ¢ontributlon pension plans
The Charity makes contributions lo a group personal pension scheme. The assets of the scheme are held
separately from those of the Charity and are independently administered.
The pension cost charge of £32,34012023 - £36,358) represents contributions payable by the Charity lo the
scheme. The pension expense has been charged lo specific programmes where staff are engaged in
particular aclivilies. The pension expense included with support costs has been allocated across the activities
between unrestricted and restricted funds in accordan￿ with the accounting policy on page 19.
23. Ultimate Controlllng Party
For the whole of the year, the charity was under the control of the Board of Trustees as shown on page ￿0.
24. Flnancial instruments
The charity holds a number of financial assets (for example debtors and cashl and financial liabilities Ifor
example creditors and provisions for grants payable) which meet the definition of basic financial instruments
under the FRS 102 SORP. Details of the measurement bases, accounting policies and carrying values for
these financial assets and liabilities are disclosed in the notes above.
25. Related party transactions
On 2Th January 2025, The People's Trust for Endangered Species made a payment of £20,000 lo Royal
Zoological Society of Scotland, accrued al 31 December 2024, of which Andrew Kitchener, the Chairman of
People's Trust for Endangered Species is also a trustee.
There were no other related paty transactions during the current or prior year.
35

THE PEOPLE'S TRUST FOR ENDANGERED SPECIES
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
26. Prfor year adjustments
The comparative figures have been adjusted to ￿flect legacy income and donation income received in 2024
which ought to have been accrued al 31 December 2022 and 31 December 2023 as the criteria lo recognise
income had been mel al that dale.
Unrestricted
Restricted
Total
Funds as previously reported at 31￿ December 2022
3.157,005
403,384
3,560.389
Legacies previously omilled
Accrued income previously omilled
18,703
27,989
18,703
33,360
5,371
Funds reststed al 31st December 2022
3,203,697
408,755
3612452
Unrestricted
Restricted
Total
Funds as previously reported al 31$l Deeember 2023
3,048,344
384,210
3,432,554
Accrued income previously omitted in 2022
Legacies previously omilled in 2023
Legacies previously omilled in 2023
27,989
18,703
69.092
5,371
33,360
18,703
69,092
Funds restated al 31st December 2023
3 164,128
389 581
3.553 709
Debtors as previously reported at 3181 December 2022
399.749
Legacies previously omitted
Accrued income previously omitted
18,703
33,360
Debtors restated at 31st December 2022
451,812
Debtors as previously reported al 31 st December 2023
$66,446
Legacies previously omilled in 2022
Accrued income previously omilled in 2022
Legacies previously omitted in 2023
18,703
33,360
69.092
Debtors restated al 31 ¥1 December 2023
687 601
36