SHALDON WILDUFE TRUST UMITED Report of the Trustees and Unaudited Financial Statements for tho year ended 31st December 2022 Shaldort WÉldltfe Trust Limited COnt￿ts of the Accounts A5 at 31st DeCem￿r 2022 C<>ntents Pa9e Legal and Adminlstrative Infumation Report of the Trustee5 213 Independent Ex6rntner'5 Report Statement of F*nancial Activities 8alance Sheet Notes to the Accounts 7111 Shaldon Wli dlrfe Trust Limited Lèyal & AdministTative Intornlatlon Constitution Shaldon Wildlife Trust Limited is a clympany limrted by guat7rÈtee and a registered cunpany governed by its memorandum and Art>cles of A$S￿latiOn. tharity number.. 291232 Cornpany number.. 1887344 Dlrectors and trustees The directors of the charitable company {Ihe chartty"} are its trustees for the purwse of charity law and throughout this report are referred to as the tTUStee5. A5 set out in the Art￿leS of Assoc48tion the number of trustees shall be no les5 than three or no mLYe than eNJht. There ts no liM￿t to the number of years that any one trustee may serve. The tDJstee5 serving during the year We￿ as folhms: Joseph Davld McNulty Tracey Belinda M¢y)re Stewart Wllllam Mulr Penelope Kirsten Hundey Pullen Clare Vittoria Wright Jullet Catherlne Matthews Chalrnian Stewart Muir Secretary Tracey Belinda Moore Exewtl¥e Director Zak Showell Reglstered Office Shaldon Zco, DrivÈ. Shaldon, Teignmouth. TQ14 OHP Accountants Accountit)g & Gener31, 16 Stoke Gabriel Road, Galrnrt￿, Brixham, TQ5 8HS Bankers National Westminster Bank f¥c. 49 Cwrtenay Street, Newton Abt￿t. TQ12 2EE Solicitorn Kltsons. Minerva House, orcha￿ Wayi Ed9inswell Park, Torquay. TQ2 7FA Shaldon Wildllfe Trust Llmited Rep•rt of the Trustees For the year ended 31st December 2022 The twstees are pleased to present their report tc>Jether with the finanoal ststements of the tharity for the year ended 31st December 2022 which is a150 prepared to m*t the rE4uirements fvr a dirertor'5 report and accounts for Companies Act purpy)ses. Legal and administrative infom)ation ss set out on page l of this ￿￿K)rt. The finanoal ststements have been prepared Tn accordan￿ with the Strtement OF Recommended Pracbce.. Accounting and Reporting by Chsriti preparing their accounts ir¢ accordance wrf(h the Finanoal Reporting Standard applicable in the United Kingdom and ReputAic of I￿land IFRS 1021. the Companies Att 2006. and the cha￿￿e5 Att 2011. Objects and a¢hlevements ot the tharlty The objects of the charity are to promote for the benefit of the public the preservation and conservatlon of rare and endangered species of anirna15 together wrf(h plants and trees. The charity also aims to advance the education of the public about such endangered Species and to cot)durt re5earth through the world. publishing results and findings. These aims a￿ achieved by.. the sustained breed*ng of tso and endangeod species.. raising awareness through community education to the WKle5t P055ible audien￿. Instlgating and facilitating approproète research to improve the welfare of Ouf animals: supporting and encouragi¥￿ the conservation of speaes with¢n their natural habitats,. maintalning a zcx) for the beneflt of the general public. We consider believe our *rVI￿ provide a public benefrt ac£orL1ing to the guidance given by the Charity Commtssion and wlll keep thls consideration when planning fvture developments. Organlsatlon A board of trusrees of up to evJht maThtrRrs vlho meet quarterfy. administer the charity. Potential trustees a nominata and seconded by existing members of the tM)ard and then elected on a majority ba5t5. An executive dirertor is appointed by the trustees to manage the daily operdtions of ihe d)arity. Investment Powers Under the Memorandum & Art[(￿$ ot Association. the chanty has the p)wers to make any investment that the trustees see fit. Related Parties There are no related parties. Re¥f¢w of the actlvities and future developments 2022 was the first bme in 2 yeats that nts governmental resthrtions related to the coronavirus Pandem￿ were implemented meaning the zoo was able to be open throughout the entire year. Whilst visitor nutllber5 didn't exceed the incredibly busy peri(￿$ in 2021. they were significandy hwJher than the numbers we'd experienced pre- paftdemi¢. With the pandemic behind us the focus was on maximisin9 vsitor-based income 05 we would not be benefiting from as many government grants like we did in 2020 2021. With the ￿$trI￿on5 around gatherings and events fulty lifted in 2022 we were able to vndettske our annual Halloween and Gmtto events as well as doing additional events such as a ChriStn￿5 Shopping trip and a Coffee for Conservation evening event with one of our conservation partner5, Utue FIrefa￿ Projett. Sale5 for the events went very well apart from rho Grotto event which ￿rf0m)ed weaker than it had histortcally. We have increased our events portfolKJ for 2023 induding more offsite events than we have previously done. This 15 to expand our £Oll5ervation education impart. continue to raise our pn)file wtthir* the Ic￿4 visitor market and as a way or divet5ifvinq income. The year also saw several staff changes at Shaldon Wildlife Trnst. wTrth Carty Murray the head keeper dectding to not retum to her role as beinq cffi materntty leave. Sutwiuent recruitment has occutTed to fill the role. Due to the surplus geaerated in 2021 we We￿ ab￿ to conynit to 3 capttal expenditu￿ projects in 2022; a new pied tamirin enclosure. a new Goeldi's monkey endosure. and the replacement of the rnee￿at vievling wall. All of these were necessttated by the previous buildings coming to the en%J of their lifespan. ThesÈ new developments have been met well by the vi&tors and hève improved antmal welfare on gte. The 4th quarter of 2022 dld see the start of the UKS cott of Ilwng crfsis whlch Is SOrr￿¥hat refierted In our vLsltor incotpe with November and December which r*rfOM￿d less well than the rest of the year. This cr1sis WIII absolutely impact the ry)tential for increased visitor fi9ures and the c05t of opernting the zoo In 2023. As 5￿ch a conservative budget has been proposed considering an increase in ticket prices and redUCt￿n in expenditure in reas where t can be redu￿￿ wtthout c(mpnsing anlmal welPdre or visithr satisfartlon. I would like to thank Zak atKJ our stsff artij ¥olunteer5 for their hard v40rk and detsioEion to the trust during difficult times. Continued on Poge 3 > Sh#ldon Wildlife T￿￿t Limited Report of the Trustee5 For the year ended 31st December 2022 Resentes Pollcy and Risk Management 2022 was the thiTd conse£utive financ*1 year where the charity sU5tsined a surplus. In line with cost of living Increases ticket and experierKe priang are I￿"n9 reviewwj with cost reductyor6 sought wherever possible and reasonable. Fln*ndal Revlew The charity achieved a surplus of £4,003 for the year12021 E87.973} on the Unrestr1rt￿ fvnd. The unrestricted reserves at the end of the year were £406.28712021 £402,284). Trusto•$' rn$ponsfbllltles In relatlon to the fiTran￿￿ ststemenls The Charity trustees a￿ responsible for preparing a trustee5' annuol rerx)rt and financial 5tstements in acctsrdan￿ I¥￿h applioble law and the United Kingdom Accwntyng Standards (United Kingdom Generally Accepted Accounting PrattKe). Select suitable accounting polioes and then apply them consisteAUy.' Observe the methcxls and principles in the 0￿￿treS SORP: Make jk*dgements and estimates that a￿ reaxinable and prudent. State whether ap￿tCa￿le UK accounting standards have teen followed, subject to any material departures disclosed and explained in the financlal statements. P￿Pare the Iinancial ststements on a going ci)ncem tsa￿s. unte5S it 15 inappropriate to presume that the charity will continue sn business. The trwstees ère rEsp￿sIble for kee￿n9 proper accountin9 r￿rdS that with reasonable accuracy at any time the financial position OF the chartiy and enable them to ensure that the financsal statements comply with the Companses Act 2006. They a￿ also ￿p)nsIble for Saf￿JUardlTrg the assets of the charity and heno tsking reason3ble steps for the ￿VentIOn and detection of fraud and other irregulariknes. The tTh￿ee5 a￿ ￿NIn1$ble for the maIntena￿e ant1 integrity of the corwrate and financial information indude£J on the chaThtable company's website. Legislation in the United Kingdom governlng the prepafation and dissemination of financial statements may dsffer from legislation in other }urisdicrions. The company has taken advantdge of the spe(ial pwsiors of settw)n 386 of the C(mpanies Act 2006 rtlating to exemption for audit for small c￿panies. By order of S Muir Dlrector and TTUStee Irsdependent Examiners Report To The Trustees OF Shaldon Wlljife Trnst Umlted I report to the Charty Trustees ¢)n my examination of the Kcounts of the company for the year ended 31st December 2022 vihich a￿ set oui on pages 5 to 11. Responslbllltles and basls of refv￿rt As the Charity's truste&s of the company {and also as dirertors for the purpose of c(Mmpany lawl you are respOnsi￿e for the preparation of the aco)urts in accordance with the requirements of the Ctympanies Att 2006. Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Att and a￿ eligible for Independent examination. I ￿[m)rt in ￿pert of my examination of your charity's accounts as carried out under section 145 of the Charities Art 2011. In carwng tsut my examination I have follov•ed the di￿￿on5 given by the Chaiity CommissiorÉ under section 145{5){b} of tthe 2011 Act. Independent Examine¢5 Report I have completed my examination and E coftfim) that ￿ matteF5 have c¥Jme to ffly attention in connettion with the examination givirvj me cause to believe= i. Accounting ￿e0rd$ We￿ ty)t kept in respKt of the company as required by sectioTr 386 of the 2006 Art.. or 2. The accounts do not accord with thosÈ accounting records- or 3. The accounts do not comply wsth the accounting requirement of section 396 of the 2006 Act, other th6n any requiretnent th6t the accoullts give a 'tnJe aDIJ fairf view whKh is not a matter considered as part of an indepentjent exaMInat￿n,. or 4. The accounts have not p￿parett ift accordance with the meth(xJs and principles of the ststement of Recommended Pracbce for ac￿Unting and reporting t*y charities {applcable to charities preparing th￿r accounts in accordan￿ wth the Financial RerKJrtlng Standard. applicablè in the UK d Republic of Ireland {FRS 102)). I have no coneerns ant1 have c(*ne across no other matters in ctsnnettion with the examination to which atteF>tion should ￿ drawn in this repcmt in order to enablÈ a proper ￿nderStandIng of the accounts to be reached. th_ l• 22nd May 2023 Alan Knight FCCA Accountlng and General Ltd Chartered Certified Accountants 16 Stoke Gabriel Road Galmpton TQ5 ONQ Shaldon Wildltfe Trust Umlted state￿￿1t of Finantial Acbvities For The Year Ended 3tst Decemkr 2022 2022 Totsl Funds 2021 Totsl Funds Funds Funds Ineome and Endowments From: Gate Receipts Fund Raising Trad¥TrJ (Shopl Fundraising Events Donations Legacie5 ProfessioTral Servi Rent Receive(t Interest Received DEFRA Support Grants Coronavirus Grants Coronavirus Job Retefttbn scheff￿ Receipts 182.917 42.095 5.293 44,393 6.141 1.200 18¥91Y 41095 5.293 44,393 6.141 1,200 4.500 305 193,439 39,876 2,718 75,736 29,480 4,500 305 116,779 18,732 5,896 667 2,667 Total 289.511 289 Sll 487.156 Expertdlture OM: RaLsing Fund5 charitab￿ Artivitie5 Adverttsing & Promoti( Management & Adrnifiistration Interest PayablÈ 22,859 2414,379 6,864 10,497 22.859 244.379 6.864 10.497 909 19.451 361,460 4.574 13,129 569 Total 285.508 285.508 399.183 Net In£omelExpethdlture For The YeaTINet Movements In Funds 4.003 4.003 87.973 Fund s318n￿ as at 1st January 2022 314 311 Fund Balan￿ as at 31st Decemter 2022 406,287 406,287 402.284 Total Recog•lsed Gains #nd Losses The comp3ny has no 9aiR5 or knsse5 Other that the profft or h)ss for the finan(ial years as stated above. Shaldon Wildlife Trust Lim•ted Balance Sheet As at 31st De￿￿be￿ 2022 Z022 2021 t4ote FIXED ASSErs Tanglble FSxed Assets io 224.728 209,190 CURRENT A55ETS Debtors & Prepaytnents Cash at Bank Cèsh in Hand Stock Yotal Current Assets li 61,169 145,7S3 250 14,339 221.511 66,231 165.291 500 8,165 240.187 Creditors: Amourts falling du• within I ye4r 12 17.404 NET CURRENT ASSEfs (L￿BILrI1ESj 204.107 233.072 Creditors: Amoufvts f•llltt• dtse after I year 13 22.548 39,978 406,287 402.284 CHAIIITYS. FLINDS Unrestricted Fwnds: General Fund Capital Fund 14 181.559 224,728 406,287 193,094 209,190 14 402,284 TOTAL CHARITY FUNDS 402 284 For the financial year ended 31st D￿eM￿r 2022 the company was entitled to exemption from audit under SeLton 477 of the Companies Art 2006,. no Thotice has been dep(sited U[￿er sethon 476 Bl21. The director5 acknowledge their re5ponSLbilitie5 for ensuring that the CDrnpany keeps accounting record5 which comply with settK)n 386 of the Act and in preparing accounts whtch give a tNte and fair view of the state of affair5 of the c(KnpaAy at the foncial year end. These a￿ in acc(>rdance with the requioments of sections 393 and 394 and Com￿¥ with the requirements of the companies Act 2006 $0 far as is applscable to the company. The actounts have been ￿par￿[ IA accordance WFth the provisions of Companies Att 2006 applicable to companies subjett tt> the small companies, wime and COFFStFtvre the annual accounts required by the c￿M￿nIeS Art 2006 and are for curculation to members of the company. These accounts wefe approved by the board of directors c and wete signed on irs beha￿ by.. SHUIR. Sh•ldon Iyildlife Trust Limited Notes to the Accounts 31st DecembeT 2022 Accounting Policies {a) B•*$ of A¢¢•unting The finanoal statements have teen prepare(J Unc￿ the hI#0￿Cal crtst conventlon with Itwns recongni%e