SHALDON MLDUFE TRUST LIMITED Report of the Trustees and Unaudited Financial Statements forthe year ended 31st December 2023
Shaldon Wildlife TNst Limited Contents of the Accounts A5 •t 31st De¢amb•r 2013 Contents Page Lal and Admlnistratlve Infom)at¢on Report of the Trustee5 213 Independent Examinees Report statement of nancial Activities Balance Sheet Notes to the Accounts 7111
Shaldon Wlldlife Trust Llmlted Legal & Administrative Infomiation For the year ended 31st December 2023 Constitutlon Shaldon Wildlife Tnjst limited is a company limlted by guarantee and a registered company govemed by its memorandum and Articles of Association. Charity number.. 291232 Company number.. 1887344 Dirertors and trustee5 The dirertors of the charitable company I'the charity'} a Its trustees for the purpose of Eharity law 8nd throughout this report 3 referred to as the trustees. As set out in the Article5 of Association the number of trustees shall be no less than three or no more than elght. There is no lirnit to the number of years that any one trustee may Serve. The trustees serving durfng the year were as follows.. I¢ep David McNultv Tracey BelinL1a Moore stewart William Muir Penelope Kirsten Huntley Pullen Clare Victoria Wright Juliet Catherlne Matthews Chairman Stewart Mulr Secretary Tracey Belinda Moore Executlve Directov Zak Showell Reglstered Offlce Shaldon Zoo, Ness Ddve, Shaldon, Teignmouth, TQ14 OMP Accountants Accounling & General. 16 Stoke Gabriel Road, Galmpton, Brixham, TQ5 8HS Bankers National Westrninster Bank Plc. 49 Courtenay Street, Newton Abbot, TQ12 2EE Solicitors Kitson5, Minerva House, Orchard Way, Ed9inswell Park, Torquayt TQ2 7FA
Shaldon Wildlife TNst Limlted Report of the Trustees For the year ended 31st December 2023 The tnjstees are please(1 to present their report together with the financial statement5 of the charity for the year ended 31st December 2023 which 15 also prepared to meet the quirementS for a direttoes report and accounts for Companies Act purposes. Legal and administrative informatlon Is set out on page i of this report. The financial statetnents have been prepared in accordance with the Statement of Recommended Prattice-. Accounting and Reporting by Charities prepanng their accounts in accordance wlth the Financial Reporting Standard applicable in the United Kingdorn and Republic of Ireland IFRS 1021, the Companie5 Act 2006, and the Charities Act 2011. Objerts and achlevements of the charlty The objects of the charity are to promote for the benefit of the publlc the preservation and conservatlon of rare nd endangered species of animals together wlth plants and trees. The charity also aims to advance the education of the public abDut such endangered species and to conduct research through the world, publishlng results and finding5. These aim5 are achieved by.. the sustained beIng of rare and endanged species,. raising av4arene5S through community education to the widest possible audlence,. iristigating and facilitating approproate research to Improve the Welfa of our animals; supporting and encouraging the conservation of specSes within their natural habitats,. maintalning a ¥oo for the benefit of the general publlc. We conslder and believe our services provide a public benefit according to the guidanee given by the Charity Commission and will keep this consideration when planning future developments. Oryanrsation A board of trustees of up to eight mernbers who rneet quèrtedy. admlnister the charity. Potentlal trustees are nominated and secon¢Jed by existing members of the boarly and then elerted on a majority basis. An executive direttor is appointed by the tmstees to manage the daily operaonS of the charity. Inve5tmetyt Powèrs Under the Memorandum & Articles of Association. the charity has the powers to make any investment that the trustees see fit. Related Parties There are no related parties. Review of the activities and future dev•lopments 2023 saw the -c05t OF living crisis" within the UK continue, with inflation slowly falling throughout the year from the incredible highs seen in 2022. Vlsitor figu$ were affected with the Trust receiving the lowest nurnber of V151tor5 for the last five years 120,412 visitorsl however 1cased tlcket prIS and higher levels of secondary spend meant that visitor-based income was only marginally lower than 2022. Two enclosure developrnents were undertaken in 2023 with a new yellow-footed tortoise house and new red- ruffed lernur house being built. The d-ruffed lemur house marked the final old style breezeblock enclosure being rebuilt. enclosures that were highlighted for replacement in the zoo license inspettion In 2018. This lemur enclosure is one of the tallest newer Style enclosures built and includes rnultlple bedrooms which is very suitable for housing a bedIng group of any merjium sized primates. Shaldon Wildlife Trust is a rnember of the European Associatlon of Zoos and Aquaria IEAZAI and take5 part In their ex-situ breeding programrnes IEEPS). We partiopate in 20 EEPS, meaning over 50% of the speaes kept are part of co-operative ex-situ programmes. Below a some of the blrths we had at the zoo during the last year, many of which are part of EEP bedIng recommendations.. 2 cotton-top tamanns I grey mouse lemur 25 Maranon dart frogs I margay Shaldon Wildlife Trust prides itself as being -The Small Zoo Making a 8ig Difference-. Despite the small size or our team we contribute to tTTrany BIAZA and EAZA working groups and cotnmittee5. We co-ordinate four EAZA EEPS from the zoo and both the direttor and head keeper sit on multiple EEP specie5 committees. Zak Showell. our dlrector, is both a current trustee of BIAZA and the chabr of the BIAZA Membership and Licensing Committee. We have continued financlally supporting nlne in-situ conseryation prtsjects in 2023. They are- • Save Vietnam's Wildlife tde Fireface Projett Mountain Marn)oset Conservation PrDject Lernur Conservation Association Endangered Prlmate Rescue Centre Continued on Page 3 >
Shaldofi Wlldllfe Trust Limlted Report of the Trustees (continued) For the year ended 31st Derember 2023 ABConservation Proyerto Titi Pied tsmarin conservat¢on CREA Wherever possible we aspi to become more direcdy involved in projeLt5 than just provldSng them with fijnds. Zak Showell, dIttor, is a member of the advocates group for the Mountain Marm05et Conservation Project and provide5 advise to Brazilian colleagues working at the Visoca breeding ntre. We supported one of our longer-term partnehIpsl the Little Fireface Projert, to deliver a-coffee for Conservation- evening with us in July, which was both a conservation education evening and a research pmject into attitudes towards coffee and its Impacts on conseNat(on. We also purchased E800 worth of Little fireface Project stock to sell in the shop to help generate funds for the projert. We celebrated several worfd animal days includlng World Binturong Day when Dr Louisa Bodnar from ABConservation cafne along and hosted a stall all about binturongs at the zoo. The Civet Project, Borneo Nature Foundation and CREA also all attended the zoo at least once In 2023, havSng stalls on their cOnseation projetts. CREA a150 9ave an evenlng talk on their margay research work. Our d1Ctor, Zak Showell, visited Save Vietnam'5 Wildlife for five days in November. Spending time with the director and cernt manager5 at their Cuc Phuong National Park rescue centre. Thls visit Wa5 four year5 on from the creation of the Owston's Civet action plan and was an opportunity for both Shaldon Wildlife Trust and Save Vietnam's Wildlife to take stock of how the partnership was working and discuss future collaborative opportunities. Whilst in Vietnam Zak also visited the EndangereL1 Prfmate Rescue Centre which we had also started 5UPPOrting in 2022. 2023 also saw a sIgnificant thange staffing at the zoo with Lia Summers being permanently made the Hea(J Keeper and Anna Hubbard becoming the Education and Experiences Keeper. We hosted more events than ever In 2023, prfmarily to drive fOOall but also to further our conservatlon education Outa£h. Events held in 2023 included Civet Celebration (with The Civet Project), SIAZ4 Love Your Zoo Week, Volunteers Weekend, Mothers and Fathers days, Coffee for Conservation with Little Firefate Project, BIAZA catureS Unseen Week, Halloween and our Christmas Grotto events. Our ticketed events suth as Halloween and Grotto performed incredibly well and ceiVed very positive feedback. We a150 attended the YealmpLom Agricultural Show, Toby's Garden Festival and Newttsn Abbott Virtorian Fayre and organised a Christmas coath trip to Bristol. all to generate funds for the zoo. Shaldon Wildlife Trust continued its journey towards make the zoo as accessible as possible for all customers. regardless of attility- In 2023 we did the following to improve our attessibility= All the staff and rnany of the volunteers undertook my sighied gui¢Je trainino wlth the Guide Dogs to enable us to provide guided tour to customers with sight impaimient or loss. We developed in house sensory bags whlch guests can ffftly borrow durin9 their visits. These have been met incre(libly p051tively. Created a visu81 and sen50ry Story which Is on our websits for customers to view before visitin9 US. Provided sen50ry related signoge around the zoo In areas where it might be noisy, dark or hot. Partnered with Acce55able who provi¢Je accessibility audits as well as having a very popular website which hosts access guides for attractions acmss the UK. Mindful of the ongoing impart of the cost-of-living crisis and the continued increase overheads, the 2024 budget wlll need to be cautious. There will also be a need to explore diversification of income and alternative fundralslng and grant opportunltles to ensure there is suffident capltal to continue to develop the zoo whilst maintslnlng a feaslble budget. Reserves Policy and Rlsk Managemènt 2023 was the fourth conseojtive financial year whet? the chaty sustalned a surplus. Ln line with cost of living increases ticket and experience prlclng a being VIeWed with cost reductlons sought WheVer possible and reasonable. Financial Revlew The charity achieved a surplus of £5,238 for the year12022 £4,003) on the UnrestCted fund. The unrestricted reserves t the end of the year were £411.52512022 £406,287). Continued on Page 4 >
Shaldon Wildllfe Trust Limited Report of the Trustees (continued) For the year ended 31st Decemb¢r 2023 Trustees, responsibilitiès in relation to thè fifiafieial statements The Charity trustees are responsible for preparing a tnsstees, anfjual report and finanaal statements in accordan with applicable law and the United KingdDm Accounting Sndas (United Kinodotn Generally Accepted Accounting Prdcticel. Selert suitable accountlng policie5 and then apply them consistently; Observe the methods and principle5 in the Charities SORP- Make judgements and estimates that are reasonable and pnjdent. State whether applicable UK accounting stan(Jards have been followed, subject to any material departures disdosed and explained In the financial 5tatement5. Prepare the fin4noal statements on a goln9 conrn basis unless it is ithapproprlate to pSume that the charity wlll continue in busines5. The trustees art responsible for keeplng proper accounting records that disclose with reasonable accuracy at any time Ihe financial posltion of the chartiy and ertable thern to ensure that the financial statements comply wlth the Companies Act 2006. They are a150 responsible for safeguar¢Ying the assets of the charity and hence taking asonable step5 for the prevention and rIetection of fraud and other Irregularities. The trustees are responisble for the rna1ntenan and inte9rity of the corporate and financial 5nformation induded on the Charitable company's website. Legislation in the United Kingdom goveming the preparation and dissemination of financial statements may differ from legislation in other Jurisd5ctions. Auditors The company has taken advanta9e of the Special provisions of sect¢on 386 of the Companie5 Act 2006 relatin9 to exempt(on for audit for small companies. By order tsf the trustees- S Mulr Director and Trustee
Independent Examiners Report To The Truste•s Of Shaldon Willife Trust Limited I report to the Charfty Trustees on my exarnlnation of the accounts of the company for the year ended 31st December 2023 which are set out on pages 5 to 11. Résponsibilltles and basis of report As the Charity's trustee5 of the company land also as dirertors for the purpose of company lawl you are resgonsible for the preparation of the accounts in accordance with the requirements of the Companies Att 2006. aving satisfied myself that the accounts of the company are not requlred to be auditeij under Part 16 of the 2006 Att anL1 a eligible for tndepenéent exotnination, I report in respert of my examination of your charity's accounts as carrled oul under 5ettion 145 of the Charities Act 2011. In carrying out my examination I have followed the directions glven by the Charity Commission under section 14515}Ibl of the 2011 Act. Independent Examiner's Report I have completed my examination and I confirm that no mattets have come to my attention in connection wlth the examSnation giving me cause to believe.. l. Accounting records were not kept tn respert of the company as requlred by sectlon 386 of the 2006 Att,. or 2. The accounts do not accord wlth those accountlng records,. or 3. The accounts do not comply with the accountlng wuirement of settlon 396 of the 2006 Act. other than any rEquirement that the accounts give a 'triJe and faie view which is not a matter considered a5 part of an independent examirTatlon,' or 4. The accounts have not been prepad in accordance wlth the method5 and principles of the statement of Recommended Practice for accounting and porting by charitie5 (applicable to charltles preparlng their accounts In accordano with the Financial Reporting Standard, applicable in the UK and Republic of Ireland IFRS 1021}. I have no COnM$ and have come across no other matters in connection wlth the examination to which attention should be drawn in this report order to enable a proper understanding of the accounts to be reached. 21 June 2024 Alan Knight FCCA Accountlng and General Ltd Chartered Certified Aecountants 16 Stoke Gabriel Road Galmpton TQ5 ONQ
Shaldon Wildlrfe Trust Limited ststement of Fin•n¢ial Activities For The Year Ended 31st December 2023 Notes Unrestrlctsd Restrlct•d Funds Funds 2023 Total Funds 2022 Total Funds Income and Endowments From: Gate ReIpts Fund Ralslng Tradlng (Shopl Fundraising Events L)onations LaCeS Profe55ionèl SeTvice5 Rent ReiVed Interest Received Coronaviru5 Granrs 183.411 34.834 8,591 42,790 22,906 183.411 34.834 8,591 42.790 22,906 182,917 42,095 5,293 44.393 6,141 1,200 4,500 305 2,667 4,500 1,129 4,500 1,129 Totsl 298,161 298,161 289.511 Expenditure On: Ralsing Funds Charitable Activities Advertising & Promotlon Management & Administr3tion Lnterest Payable 24,248 250.843 8,065 9.076 691 24.248 250,B43 8.065 9.076 691 22,859 244.379 6,864 LO.497 909 Total 292.923 292.923 285,508 Net Income/Expendlture For Th• YearlNtrt Movernents Fwnds Funij Balance 3$ at 1st January 2023 406,287 406.287 402,284 Fund Balance as at 31st December 2023 411 525 411,525 406,287 Total Recognised 6•irt$ abbd Losses The cornpany has no 9ains or losses other that the profft or loss for the finandal years as stated above.
Shaldon Wildl•fe Tvust Limits Balance Sheet As at 31st December 2023 2023 2022 FIXED ASSETS Tangible Fixed Assets io 225.809 224.728 CURRENT ASss DÈbtors & Prepayments Cash at 6ank C4sh in Hand Stock Total Current Assets li 81.924 125.788 236 13,378 221,326 61.169 145,753 250 14,339 221,511 Credltors: Arnots falllng due wlthin I ytar 12 21174 17.404 NEf CURRENT ASSEfs {LiA8ILITJES} 199 152 Credltors: Amounts f4lllng due after I year 13 13.436 22,548 ASSETS 411 525 406 287 CHARrrYs' FUNDS Unrestrlcted Fund5: General Fund Capltal Funtl 14 14 185.716 225.809 411.525 181,559 224,728 406,287 TOTAL CHA FUNDS 411 525 406 287 For the finanaal year ended 31st December 2023 the cornpany was entitled to exemption from audit under sertion 477 of the Companles Act 2006,. no notice has been deposlted under section 476 Bl21. The direLtors acknowledge their responsibllities for ensuring that the company keeps accounting CordS which comply with settion 386 of the Att and in preparing accounts which give a true and fair view of the state of affalrs of the company at the fiancial year end. These a in accordance wlth the requirernents of sertions 393 and 394 and comply with the requirements of the companies Art 2006 so far as is applicable to the cotnpany. The accounts have been prepared in accordance with the provlsions of Companies Art 2006 applic3ble to companies subject to the small companies, fegime and constitute the annual attounts required by the Companies Art 2006 and are for curculation to mernbers of the company. These accounts were approved by the board of dirett0 on and were signed on its behalf by.. S MUIR
Shaldon Wlldllfe Trust Uffllt•d Notes to the Accounts (Cont'd) 315t December 2023 Analysls of Expendlturn on Charftable Actlvltles Unrestrleted Funds 2023 Total Fund$ 2022 Total Funds Restrfrtad Funds Animal Feedstuffs Animal Transfers Veterinary Fees Wages and National Insurance Staff Pension Rent Rates Light & heat Insurance Repalrs, Renewal & Maintenan Subscriptions Conference Expenses Motor & Travelling TelephDne & Internet Postage, Carriage & F{ght Sundry Expense5 Tesco Commission Refuse Collection Cleaning Material Depreciation Legal & Professional Fee5 Training In Situ Conservation 16.882 1.349 20,458 86.562 1.650 14.471 3.612 21.743 6.068 14,326 1.983 2,875 2.416 1,512 321 961 8,243 6,008 3.9BS 29,754 420 370 16,882 1.349 20.458 86.562 1,650 14.471 3.612 21,743 6,068 14,326 1.983 2,875 2.416 1.512 321 961 8,243 6.008 3.985 29.754 420 370 16,892 1.223 12,031 98,982 1.461 14,471 2.252 14,915 5,878 9,104 1.745 2,418 2,219 1,648 377 1,126 8.325 6,055 2,693 26,748 7,674 li 250 843 244 379 Anglysls ot Expendlturt ort Mana9ement & Admlnlstratlon Unrestrlcted Réstrlctad Fund$ Funds 2023 Total Funds 2022 Total Fund$ Stationery and Computer sUprt Bank and Card Merchant Charges Accountancy Fees 571 5,360 571 5,360 924 6,426 9,076 9,076 10.497 The surplus Is calculated aftor charglng: 2023 2022 Depreciation Operating Lease Rentals Staff Costs 29.754 14,471 86,212 26.748 14,471 100,443 staff Costs 2023 2022 Wages & Salaries Social Security Costs Other Pension Costs 85.103 1.459 97,376 1,606 100 443 The average number of employees during the year Is analysed as follows.. 2023 2022 Keepers & Administration Directors 13 13 io
Shaldon Wildllfe Trust Limited Notes to the Accounts (Cont'd) 31st December 2023 Trusteos. Remunerètlon None of the directors reiVed any remuneratlon, expenses or benefits in kind durtng the year12022 £nill. There were no related party transactions durlng the year. Interest Payable & Simllar Charyes 2023 2022 Bank Interest ID. Tanglble Yixed Assets Leasehold Property & Improvements Equlpm•tht Vehide Animals Total At 01.01.23 Additions At 31.12.23 417,367 28,793 3.560 15.277 464.997 448.202 28,793 3.560 15,277 495,832 Depredation At 01.01.23 Charge in Year At 31.12.23 240,269 380 89 224 180 270.023 Ilet Book Value At OL.01.23 At 31.12.23 22 472 224 022 357 268 224 728 225 809 ii. Debtors 2023 2022 Other Debtors Gift Aid Debtor Prepayments 1.509 76.809 1,210 57,042 12. Credltors: Amounts tslling due within one year. 2023 2022 Trade CtEditors Taxes & Social Security Other Creditors Accruals Bounceback Loan 7.817 1.060 153 4,069 3,235 2,838 353 2,223 13. Credltors: Arnounts falling t1ue after one year. 8ounceback Loan 2023 2022 13,436 39,978 14. Unrestrlcted Funds At 01.01.23 Trnnsfer Betw••n Funds Incomlno Resour Outgolng Resources 2023 Total General F¢Jnd Capital Fund 181,559 224 728 406 287 (1,081) 298.161 292,923 185.716 225 809 411 515 298 161 292 923 The Capital Fund, repSentS the book value of Tanglble Fixed A55ets, and is therefo not available for 9eneral expenditure
Shaldon Wildlife Trust Limited Notss to the Accounts (Convd) 31st December 2023 15 Analysls of Net Assets Between Funds RestrlLted Unrestrlcted Capltal Fund General Fund Fund 2023 Total 2022 Tot•1 Tangible Fixed Assets Cash at Bank & In Hand other Net Current Assets 225.809 225,809 120,024 73.128 424,961 224,728 146,003 58.104 428,835 126.024 73,128 199,152 225,809 16 Operatlng Lease Commltments The Charity had outstanding comrnltments for minimum lease payments under non-cancellable operating leases whlch fall due as follows.. 2023 2022 Within One Year Within 2-5 Years After S Year 13.800 20,000 60,000 13.800 20.000 65,000 The CharSty was granted B new 30 year lease for the ZOD and a new 10 year lease for the Studio during 2010. The lease on the Zoo has 5 year rent reviews, and the Studio 3 year rent reviews. The 2020 rental negotlation for the studio is currently stlll ongoing due to 5ignificart delays on behalf of Teignbridge DistriLt Council. 17 Rent N•gOtlatlons Negotrations are ongoing wlth Teignbridge District Council regardlng the rental amount of the studso which curtlY stands at £8,800 PA. It is possible that Shaldon Wildlife Trust may have to settle the difference of prlor months, however the requirement to do so and the amounL rannot be estimated accUralY at the lime of these accounts being published. 18 Donated Servlces The Trust benefits greatly from the involvement and enthusua5tic support of its many volunteers. In accordance wlth the Charity SORP, the econornic contribution of general volunteers Is not measured in the accounts. 19 Financial Commitments 2023 Saw expenditure on three capltsl expenditure projects.. a complete rebuild of the prewlous lemur enclosure., a complete rebuild of the previous tortoise endosure., the continuztion of the new Goeldi monkey enclosure projert which commenced in 2022. No other f(naThcial commitments or projects were commltted to in 2023.