lli *ACHXELQ2• 0811212023 COMPANIES HOUSE #178 Wildscrqqn Report and Unaudited Financial Statements 31 March 2023 Companyno. 02206559 Charity no. 229450 Ildscrnen R•fer•fice and administrative detsils For th ear onded 31 March 2023 Wildscrqqn Nl- Telling Nature's Stories Company numb•r 02206559 Charlty number Registered office and operational address Uftit1.11 Temple Stud￿$ Temple Gate Temple Mead5 Bristol BS1 6QA Trustees Tnjstees. vtho are also threctors under company law. served during the year ar￿ up to the date of this rep￿ were as folbvts: Con Aexander Lynn 8arlow Lizzte Daty Andrew 009 Carrie Greene Jonathan Keeling Laura Marshall Mark Reynold$ Nicholas Roger5 Jessica Sweidan (appointed 12 September 20231 (appointed 17 November 20221 Cornpany $•cr•tary Vethity COmp￿Y Secretsrial Serriees Limited Bankers Bank of Scotland Edintsjrgh EH129DR Solicitors Veale Wasbrough Voards Bristol BS15WS Ind•pendenl examiners Go(ffrey Wilson Lwniled Chartered accwnlants and statsjtory audito 5th Floor Mariner HcMJse 62 Prince Streel 8ristol BS14QD loo% AAA_A IAAAQI 202212023 K%I' OUR IMPACT ol interns developed Industry khbwlvdgfflhiough participating in the prografflrne. 595 irnliiithlssuppthtsdtoattend Wi1tscTr￿eyentsfwfree. (gx events: corecrs lair. JIRAI il'oikshopl 68 free Nel'iork member- ships eivep uut. Individual applications for 5 Internships advertised. hwfs ol paid work delivered through the programme lo date. • ofsuppt (nwrtorship cumthtivety. 2(1 71 interview5 held, ei¥ing applicants valuable experience and feedback, with the irppact reaching beyond Ihose being successful in obtaininga placement on bursaries. young people from urm*rrep￿wted ts recerved4 mofttlksof 1.1 iNlusty mffitorship. fwiLDSCREEN EMERGING TALENT MONTH Individuats beneliled from paid industry oco #Thlbwdualsreached (f￿¥￿&7￿￿r4 rthtsntforkrd4cwrAto#atharKI 3 FREE WEBINARS Wildscr Roadshow GLASGOW Wildscrqon 57 iMlr•i(hJalsl bursarie4 induding2J efroml [sonJ￿ oftK#etsW￿e free a￿1 provided tocommunitygr(wJps armlstudentyfocussed on NEEf4tefugeesandyoung ￿1 swd thattsKev8nL PBo* livitbgwtthathsabl￿ty. deepenedthwruThler5tsnth'ng ofthe artand powerof film, i1￿reaSe￿ thEirawarenessof pwjple's livosandexperiences thataredrffeientfromttwir ofp*e had Mtattendeda ￿, alld leamtaboutthe e¥Mtbelitt. envÈronrnent Festival 19 early career f ilmmakers from 8 countries given unique access to ARRI workshop. CAREERS FAllR EDUCAfOOFd RESOURCES students hosted (aged16-18) 000 3 MILLION school childien reached IhiDugh our education fesourcES. from around Bnstol pwitN do￿￿OadS of rAtKlnlKOWC8S. Wlldscreen Report of the trust••s For the ar ended 31 March 2023 The Trustee 8oard presents its reF#)rt and consolKlated financial statem8nts for Ihe year ended 31 March 2023. Reference and thinistrativ8 infomwtA)n set out m page 1 forni$ part of this report. The consolidated financo151alements have been prepared in accordarKe wtih the accounting policies set out in note 1 to the financial slalernent and comply wth ojrrenl stslutory requirements. the Charities Act 2011 and Accounting and Reporting by Charities.. Statement of Recommended Practice appI￿ats￿ to charits'es preparing their finarrial ststements in accordance V•ilh the Financial RePO￿n9 Standard applicab￿ in the UK and Republic of Ireland18ffective from January 20191. The company has tsken advantsge of the exemption to not have to prepare a 51ralegic ￿pOrt in accordance wilh Companies Act 2006 (Strategic Rep(xt and Directors. Report) Regulations 2013". 1. Objectives and activities Thg objects of the Charity are to promote the consèrvation of nature for the purposes of study and research and to educate Ihe public in the underslandir¥J and appreciation of nabjre. the awareness of its value arKI the need for its consefvation. In shaping our strategy and ￿annIng our activthes for th8 year and beyond. the Iruslees have considered the Charity Commission's guidance on public benefit, which 15 achieved through the harity's ¥tivit￿S as set out below. Our vlslon: wild￿reen envisions a worfd where natural vAyld StffjlIw￿ is indusive, accessible and impacthjl and where natuffj is protectsd and Ihriving. Our mls$lon: Wildscreen connects people th naiwe throw storytelling. We demtxrdtise the creation of and access lo nature's Stories by: . s￿￿rtIng and celebrating the natural world storyielling industy: Connecting ¢reativity ￿th conservation by Convening stO￿ellerS and ¢￿Serv￿10n1sts. Nurturing a global community and next generation of stOr￿ellerS., and Raising awareness of conseNation Ihrough educating and conneelirKJ local communitbas th the natural world through Stories. We achievo our mission Ihrough our ecosystem of inlerventions: Wildscreèn Festival Our worfd-leading international feslNal. celebrating and •Jvancing natural world storytelling, tskes place biennially and is SUPPOrted by wr4ound outreach events, partne￿h•pS and activities. Wlldscreen Nefyvork Our dynamic membership netsuk at the heart of the wildlfe storytelling industy, nurtures tslent, supports professional development. facilitates net*thing and the evolution of a truly inclusive global community of natural wortd storytellers. . Wild$¢reon Outr•ach Our outreach provides free and affordable access lo natural world stories. content. knowledge and education in kxal ¢omThwnibes. errw•¥ering a diverse. new 9eneration of natural world storytellers and ￿nSerVa￿.0￿1Sts. Wildscreen Report of the trust•g$ For Ihe ear ended 31 March 2023 Our programme of actNty in 2022r23 was planned and delivered in xcordance with the foUov•ing strategic goals that unde￿n our 2021-24 organisational strate9Y. Lead the evolut￿n of a dNerse, inclusive global indu$try of nabjral worfd storytelEers whère authentic voices are cekbrated arKI storytelling about nature is demottabsed: Wiklscfeen Festival is the LirgesL most ac(￿51b18. inclusivg and sustsin*lg natural workd slorytelling festival- . Wildsueen Netr40rk is the world's leadin9 netrwork for the global natural wortd storytelling industy, with global hubs in 5 countries.. . Wildscreen Out￿aCh nurtures the next generalK)n of nalural workl $toNellers, reachiThJ 50.000 yOLtng peopl8 each year through gdu¢ation actrvit￿$'. and Wildscreen ARK Ipreviou51y refe￿ed to a5 Wildscreen 2.0} is- {il a resour￿ for educators and not lor profif environmenlal organisations". (li) megaphone. broadcasting the most critical conservab'on stories and; liiil a pbttorm where anyone can create and share their own nature stories. 2. Achievements and performance kYild$creen Festival 2022 The Wiklscreen FgstNal 2022 look place belw88n 12-14 Odober 2022. Thi5 not only marked the 40th anniversary of the Festival. most important]y it marked the first ever h￿orld edtknon. making it the most globally inclusive and accessiblg edition in the O￿n￿S history. Des￿te the worfd still feeling the impacts of the pandemic socially and economically, we had thg biggosl in-person attendance in the event's history 1.136 delegates, a 20 percent increase on our last in-persi)n event in 2018. Overall. 1.700 delegates from 35+countries attended Ihe Festival iTrperson. onlin8 and Ihrough our global hubs. With a relum to full. in-pgrwi events we wanted to tyjild u[￿ the momentum created during the pandemic to support. platfomi and nurtu￿ natural wortd stowlling lal8nl around the world, a focus on thosé currenty underrepresented w?thin the natural stotylelling industy. Across all ements of the Festival. inclusK)n Was a cenlral locus as we buill and curated the 2022 Festtval. Over 35 wrcent of tickets were c(Micessions. provtded to Icr4¥ income. people. unemployed, studonts. NGOS, freelancers and small bUs1r￿sSes. This year marked a notable expansron ￿ our bursary programme to SUPFOrt sloWlJers from undeffepresenled groups to be part of and benefrt from the Wildscreen Festival. In tolal 21 people from 11 countries received fulty-fijnded bursariès lo attend the Festival IN8 in Brisld. An additlonal 36 people from 16 countries were provided ￿th free online access to the Festival. supported directly by Wildscreen. or by our partners including National Geographic Society and NEWF. We also delivered a free. in the field unemalography workshop to 18 emerging cinematographers from 9 countrigs al Slimbrtyg Wildfowl ar#J Welands Twst. Global hubs were a new addition to the e￿nt this year. ¥therg wr*king wth in-country partners, we delivered on&day neWing events and k)cali5ed content in natural history filmmakin9 hjbs of Nairobi. Bangalo￿ and Cape Town. Thes8 events altracted 450+ in-person attendees. "It was a truly important first step. I thank you profusely for supporting the Naimbi Hub. I would love to help grow this into sornethlng really substantlal and meaningful for East Africans. Paula Kahwnlyj. Nairobi Hub partner arKI Wildscreen Festival Speaker 2022. Wlldscreen Report of the tru$tees For the ear ended 31 March 2023 The vision for the Festival was "The future of natural world $torylelling for a beltor planet. and focussed on four key elements: craft. Ir￿uStr¥. gkjbal voice5 and planetsry crisis. The Creative vision and programme for the Festival was driven by the Festival Advw Board, a voluntsry body of Industry industy representstives from arrxjnd the world. The group comprised leading figures in the global wildlife film and TV i1￿￿s￿ including broadeasters and platfoms such as National Geographic and Neffiix as well as leadirvJ prc#Juclion Companies suth as 88C Studios. Silverback Films and Plimsoll Productkins as well as freolanws and representatives Irom key wldlife filmmaking global hubs. At the BristrA event. 153 speakefs from over 20 wJfitr￿5 participated in over 80+ industry sessions. with 130 events deFivered in total across the 5 day evenL spanning 7 Venues across the city. Speakers ￿Cluded leading industry aTrJ environmentsl lh0L￿ht1￿aderS spanning ￿MMissIonerS, distributors. producers. ¢rdft5people, filmmakers. photographers and conservation ryganisations. as well as mainstream voices including Darren Aronofsky. Imogen Heap. Pattie Gonia. Steve Backshall. Liz Bonnin and Sir David Attert￿roUgh. When bU￿dIng t￿r speaker rosler. we tried lo ensure that where possible. voices eurrenty underreprv3ented in the industry were prioritised. ￿alfOrMed and supported. 7Mth a focus on LGBTQIA+ ethnically dFverse and neurodiverse indiwduals. There is still much work lo be done arJoss the irKlusty bLrt we are moving in the right d1￿Ction. ' The Festival felt so much more global and inclusive see the love and support between African filmmakers and our LBGTQ contingent felt game-changing. ' Wildsueen Festival 2022 Delegate. This year we were thrilled to launch Wild fvlch - a Uniq￿ WI￿rrfe film pilching evenL open to anyone to pitch their unique storiès from across the inlematwal wikflrfe production ecosystem. F￿lowIng a live pitch event, three individuals or teams a cash prKze of £6.1)00 each to tum their dream proiect into a reality. Providirwj opportunities for filffwnakers. especialty em8rging talent and those from underre￿sented groups to access ffinance to supp(¥t their wort is critical io ad(1ress the imbalance of opportunty within the industy. Fllm Competitlons The Wildscreen Panda Awards receNed 722 entries acri￿5 15 categories. wilh entries from 18 new countries, mainly from the global s(wth. In its sècond year and its fir51 in•tson delNery. th8 0ffi(ial Selectton recewl ovw 338 entries from over 40 countries and 22 languages. In the end. 32 produ¢bons were sel￿ted for the Official Selection 2022. each telling unique and onginal slories about the nalural wortd. c￿ated by authentic storytellers from over 16 countries a￿osS the global. chosen by a diverse group of intemational programmers. sloryiellets and filmmakers. Over haw 146%) of entries were from Directors from an underrepresented group including women. people with disabilities. those who identify as LGBTQIA+ and BIPOC. Wildscr•en Report of the trustees Fw the year ended 31 March 2023 Publlc audlen¢es andyoung people Once again. the public were able lo tske part in the Festival Ihrough access lo over 8 film $￿ening$ and a free large-scale outdoor wildlrfe photography gxhibition. As wdl as offering a flee outdoor scrèening which welcA)med 160 attendees. across our public screening pwramme. 401hl of screening capacity was available al discount for young audignces {1&30 years obdl with an additional minimum of 10Vo of the capacity offering freelsoft admis&¢)ns lo people from underrepresented groups. This was SUpp￿d by Ihe 8FI FAN Film Exhibttion FuTrJ. A schcds careers fair was aso delivergd during ts Festival week to high1￿ht the potential career pathways arKI opporiunits.es lo 8ristol sthool chihjren. The event wa5 hosted at th& BBC Natural History Unil in Central Bristol. where 69 students (aged 1P*181 aTrJ 12 leachers from underserved communities in 8ristol were a￿8 lo exptore different job roles wittrmn the sector through practical. hands-on activitigs. Following atten(Jance of the fair, 100¥• of students enioyed the event and 71% of students felt like a careerliob in Natural History Film and TV is accessib￿ to ttjem. "Thank you to the ￿lIdsCreen team for puthng on such a fantastiG event. It was an excellent opportunity for young people to leam about careers in natural history filmmaking. Although the TV industy is aware of the need to make career entry more accessible, particularty to under-represented groups. there are still very few events like this. I sincerely hope to see thls event repeated in the future. Teacher. Bristol Se¢orKlary Scho A total audience of 13.2 millw was reached from press re￿ase$. wrth 21 artides generated. Media partnerships generated a total audience of 5.3 million tolal audience. We also inlrtsjuced influencer activty into our marketing mix for the Festival, which saw SO.CM)O impressK)ns delivered directty. Volunteers The charity is hugely grateful for the efforts of ow dedicated team of volunteers who hek> wlh Ihe running and delivery of the Wildscreen Festival. The charity beneffted from 53 inyrson volunteers who gave 1,211 hours of their time during the 8v8nt. An additional 3 volunteers worked remotely in other parts of tr* wortd, gmng 96 hours in totsl. If this is valued at the UK Living Wage of £11.95. Ihe Volunteer efforts amounl to £15.618. In aCc￿danc& FRS102 and the Charities SORP (FRS102). Ihe economK contribution of volunteèrs is not r8ctrfJnised in the a¢￿unts. IWild$¢reen Festival Nairobi 2023 Followiry the success of the global hub in Nairobi hosted as part of the Wildscreen Festival 2022 and wllh the support from B8C Studios Natural History UniL we are launching a new. 24day Naiiobi Festival. to Cglgbrate on8 of the most actively filmgd parts of our nalural world. Over 25 percent of film submissions into the Wikjscyeen Festival fealure African wldltfv. w fess 7% V*pfo made in Alrica. Th& aim of th? Festival is to '. . Celebrat8 the role of Kenya and Africa within the intemat*)nal wldlife film industy, Elevate Africa slorytsllers tho global *ikllrfe St￿￿￿11n9 industy. inueasiro repreSenta￿n thin creative and editorial rotes: Support the pipèline of indigenous AfrKan sttyellirKJ talent, provijing mentorship. nefv￿rking opportunities and demysty.ng the business of wildlrfe fikn: and . Capacity budd and created and support the growing industy irrfrastructure within Africa. Wlldxreen Report of the truslees For the ear ended 31 March 2023 Taking place from 30 June-1 July 2023. the event will welcorne over 21x1 delegates. focussing Ea51 Afiican sto￿1￿er$ wtth rwesentatKJn from key international broadcasters. deasion makers and production companies. The Festival is bwng curated the help and support of the Wildscreen Festival Nairobi Advisory Board, composed ol representatsves from th? international wildlife film industy and key representatives from Ihe Kenyan vlildlrfe film and conservation community indu¢Jing WildlifeDirect. Africa Wildlrfo Foundation a￿1 Kenya Film CcrfnmisS￿n. Wild$¢reen Outreach As part of our goal lo lead the evolubon of a diverse. indu5rve gbbal industy of natural wodd storY(811ers where authent￿ voices are celebrated and slwetling atK¥Jt nature is democratised. this year saw a focus on expanding our tslenl schemes and public outreath wilhin the UK and globally. Idscréen International Storyteiiing Intemshlp Scheme In partnership wlh WWF-UK. we launched a new pilot scheme providing pahl intemships for 6 UK- based and 6 intemalionally4)ased 18-35 year okls. to pursue careers in the natural world storytelling and content C￿ation wthin the TV and conservation sectors. 12 internationalty renowned wldlife TV produth.on companies and con5ervab.on NGOS a￿ partnering with Wildscreen lo open their do0￿ to aspiring storytellers providing paid. practical experience across a variety of produc￿On ro￿5. The scheme aims lo tackl8 Systemic barriers to ènty into the natural W￿ld Sto￿ellIng sectors, vA)ich disproportronalety impact groups which are already underre￿senIed including ethnically diverse individuals. in22 this was referred to as Wiklscreen 2.0. Wllds¢reen Ex¢hange We continue lo provide more than 3CKJ conservation organisations with free access to 25.000 images of specie5 and habitsls via Wildscregn Exchange. As part of Ihe new stratsgy, the future of the Exchange plarform wll bè explored wthin the context of Wiktscreen ARK. with tha aim of securing Ihis important tLx)l ¢0 Sup[￿ global c￿se￿al￿ ¢ommunicalion$ and educalion ab￿t Ihe natural wodd. Education resources Our collecth)n of over 60 wrrKulwn4inked ￿JU￿tiOn resources ￿ntinue lo be popular with teacheTr, ilh over 100.000 downloads in the UK alone last year. They are also ranked wthin the top 20 best resources by the STEM learning hub. These and frjture resources will be integrated within the Wildscreen ARK pjatfom). ildscrnen NotwoA* Our target was to grow Nefv￿rk membership by 20 percent this year. yet we only achieved 60 percent of ￿dget, des￿'t8 an uplift in Cor￿rate memberships as a dired reS￿l of the Wildscreen Festival. This is pardy dug to not having a Nelwryk Manager in post from November 2022 cl￿ardS to build on the momentum of the Festival, particularly intemationalty. Our delNery and attendance of Wildscnen Netwo￿ events t￿ntinUed to grow and wove popular. We delivered 11 online webinar which reached 647 atterKlees. spanning everythiry from hyper-local slorylelling. to distn"bution to behind the scenes of Wild IS￿S. We delivared 13 in-person n8fv4orking gvents across the year. including our first events in other natural histy production hubs outside of 8ristd. in GLIsg(w arKI London. Operatlons We continue to build an indusNe, sale and empowering wtyking environmonl ond ￿lI￿re. workiro has remained the norm for our erhwloyoes aThJ freeLgnce ieam membets. provKling flexibility and a healthy WOTk-lrfe balance. We have grown our team this year to inc￿6 a ¢omThmications offlcer, a ngtsvork assislanL a film programme ccK>rdinator. an events assistsnL as well as a freelan￿ tearn tg support the stsff team in delivering the Wildscreen Festival. Recruitment is underway fvr an ARK Programme Manager and Project Assistant to support the ddivery of Wiklscreen ARK. Wildscreen Report of the trusts•s For the ear ended 31 March 2023 We have implemented more inclusNe and accessible recrurtment practices for our inlemal staff team. our extemal talent and mentorship schemes and volunteers. This includes largeting our marketing of roles and opportunities into undgrrepresentod communilies, providing a simplrfied application process and providing inler¥tewees with key infomiatK)n ahead of time such as tho inlerwiew questsons and accessibility queSth￿S. We have found that provKling this infonnation is especially valuable lo indiwdual$ belonging lo undeffepresented groups, particularly nevrodiverse indwiduals. individuals from undersejved communrties and people li￿ng with a long lerm disability. We also a¢tbvely encourage host organisations for ￿Jr talent sthemes to adopt this same prath"ce, providing them wrth resources and guidan￿ and all IIK)se we havè worked $0 far have adopted the pract¢ces. 3. Future plans Working towards our 2024 strategic kyan. over the comwvj yEar (w goats are to: Deveb)p the worfd's ￿adIng tt￿rid. low cart>on natural wortd storfftiiing festival, supported by global hubs and public outreach programme. Wildscreen Fgstivaj 2024 WU lake pjace from 1¥18 October 2024: Support authentic. diverse votces to enter and progress within the natural workd storytelling industry both wthin the UK and gbbally through the ddwery ol the WWF mentoring and Wiklscreen Intemational Sttyelling Internship Scheme and the dévelopment of new mentoring and lalenl schemes focused on underrepresented people: . Nurtu￿ a global community and next generatTron of Stor￿lleTS by expanding cmjr year-round programme of events, delivering an additional intemalh)nal Fesb'val event in the gbbal south Iwihjscreen Festival Nairobil. plus an additional one day UKaevent Devebp Wild5creen Ne￿k as the ￿adIng membership fty Ihe natural worhj stoNelling industry. An Intemati¢yo1￿-f￿uSS9d four-yEar strategy *ill be rdled out ahead of the Wikdscreen Festival 2024., . Launch, evaluate and develop the Wihjscreen ARK prototype lo democratise access lo worfd class nature conlenl and leaming amongsl young people based in the UK: Pilot and launch a film fund to support underrgpresented intemational emerging natural worfd storytelling lalenl to support our missi¢M to democratise the creation of nature's stories.. Develop our 2028 slrategy. Supp)rting this we aim lo grow our income by 200/0 (for a non-Feslival yearl and grow our senior ￿adership team to include a Head of Events, Head of Devolopmenl antj Head of CommunicatK)ns and Marketing., arKI . Raise Wildstr•en'$ w￿bIlty and relevance amw the public. a key focus on ￿Ung people. 4. Financial review The overall income VMS £780.920 compared to £167.841 in the prevhyjs year. Totsl funds carried fojwafd at 31 March 2023 were £228.962. It should be noted thal the prevK)us year did not include a Festival and the cUr￿nt year *dS a Festival star. For wmpari50n the revenue in the previous in- person Festival ovent year was £622.701 in 2018119. a 25% increase in inccAne. We have continued lo see growth in our income Ihis year, strategy to build a diverse mtx of income streams strengthening Ihe charitys financial resilience. Despite a Challenging arKI unknown landscape across the charity sector. through the hard V*Drk and dedication of its tslenled team. Ihe ch*ity ts in its most financlallysustalnablè positlon in Ils most recent hislory. 10 Wllds¢Teen Report of the trustees For the ear ended 31 March 2023 The inve5trnent in fundraising capaoty and nurturing of the tsam's fundraising Skills has also borg fruit. with a marked rise in our grant income. Most notabty, we secured a new multi-year commitrnenl from The Linbury Trust I£100.000 over ￿ar$I to support the development of a WiJdscre8n ARK prototype. This year also saw the release of the second tranthe1£50,0001 of a three year core grant from Garfield Weston Foundation. We also recwved grants from: Creaiive Scouand and 8FI FAN Film Exhibition Fund lo support a new pubbc outreach film screening PTograrnme.' Screenskills to deliver an emerging tslenl m8nlorship scheme fcojssing on individuals from groups Currently underrepresented in the UK natural hi510ry film industry.. West of Engl8ntJ Combined Authority vi8 its Creative Sector GrovAh Prtr3ramme to support strategy development.. New to Nature Programme. an iniliats.ve lo support people from diverse backgrourKls Into enwronmentsl roles, funtyed by the Nats"onal Lottery Heritage Fund. We also conlinued to weive funding from the UK Govemmenl's lfjckslart scheme to support ts¥o individuals betsveen 1&24 years ok1 (a Communications Assistsnt and a Nets¥ork Assistant). The Wildscre8n Festival was our fyst inyrson ovgnl back post-pandemic. despite concems around liv8 event attendance. cost of liwng crisis and intemational attendan¢g, a surplus of £192k was achièved. more than tsvi¢e the amount achieved duriThJ tyjr last in￿r$on Festival ￿1￿ back in 2018. Despite not achieving our budgeted growth of 20 percent over the pasl year in Wildsueen Nefv￿rk membership, it continues lo provide a source of important Iinr8stricled year-round income for tho charrty of £35.753. More cnKially. it provNJes year•mund contsct and netr*orking and 18arning opportunib'es for our growng global community of stffjl￿rs. SUpp￿"r￿j our miss*)n lo democralise access lo and the of nature's stories. R¢serve$ poll¢y The tnJslees consi¢Jer the ￿eThe$ poli￿ slThikJ be that thg free reserves should wherever possible and appropriate. be sufficienl lo covgr a minimum of three months, operating cosls. The charitys unrestricted res8rves have increased to £178.962 at 31 March 2023. from £40,963 al 31 March 2022. This represents 7.5 months of unrestricted oxpgnditure ba$ed on Fdann8d expenditure for 2023124. Investment policy When ¢Je¢iding Wildscreen's investment polry, the trustees first tske into consideration the level of reserves required on an annual and sh¢)rt-temi basis. The current position is that the trustees have decided the charitvs ftjnds should be used to maintain its levels of aciNity. it is Ih8rgfor8 unlikely that there will be any substanlial bjnds for long term investmenL 5. Structure, governance and management Gov•mlng document Wild5creen Is a charilablg Gompany limrted by guarantee. incorporated as a registered charity on 18 December 1987. It wholty owns ts¥o subsidkary trading cOmpan￿s, Wildscreen frading Limited incorporated on 14 May 1991 and Wildscreen NetvL)rk Limited. incorFxYated on 28 September 2011. The charity was established under a MemorarKlum of Association which esta￿l$he$ the objects and powers of the charitable eompany and is govemed under its Artic￿5 of Assooabon. In the evenl of Ihe company boing wound up members are required to contribute an amount not exceeding £1. 11 Wilds¢reen Report of the trustee5 F¢x the ear ended 31 March 2023 Appolntment of trusts•s Trustees are elgCt8d to serve for a peritsj of thre8 sears. after wh￿h they can bg re-elected for further three-year period. The tnjstees also have the power lo appoint trustees lo fill vacancies on the board of trustees or as addibonal Irustees. Such cwpted trustees may include individuals who have previously hehj office as trustees for the m8￿muM lh￿year temis. Wildscreen ha$ approximatety 8 board rnembers at any time. vrith IK) fi¥e(I number. and new trustees are aFyointed as and when new skrlls arwj expertise are required. Trustse Inductlon and tralnlng New trustees receive a briefjng which ￿Ve[S. among other things. their obligalk)ns undor chartty and company law. ihe content ol the Memorandum an(1 ￿ffjde$ of ASSOCIa￿n. the committee and decision4makin9 processes. the business plan and finanoal perf¢)nnan¢e of Ihe charity. A Twstee Handbook has also been prep￿J. drawirvj infomiaticffi from thè various Charlty Commission publications. The handbook includes a history and summary of the organisation and is appended wth a eopy of the Memorandwn and Art￿eS and the latest financial slatements. Organisation The board ol Iruslees administers the charity and is respOns￿le for its strategK direclion and poliGy. The board meets every months. A Chief ExeculNe is apFoinled by the trustees to manage the day-to4ay operations of the charity and to ensure tlklt the charity delivers the seNces speofied and thal key perfomiance indicators are met. The Trustees gralefvlty ackno%wledge Ihe generous SUp￿rt of a network of yo￿nI88r5 who generously give their time and expertise to wiktsc￿en. Grant maklng pollcy In exceptional cases Wik1swn will award its own grants to for profft activit￿ that help wth the delivery of Wildscreen's own Charitab￿ objeth"ve. The Board wll be notified of these opportunities and wll fomally approve the transfer of funds in the ftym of a grant on a case by Gase basis to other parties. This year the grants awarded were in relation to a new ￿101 WWF41K Storytelling intemship scheme. This wovides small grants to producth)n rAimpanEs and conservation organisalions in th8 UK and global south to support paid intemships fty 1&35 year olds from underrepresented groups to gain paid. praclical expefience in the ￿ldlIfe filffl industry. Following a fom)al application process and due diligence checks. grants are awarded to partner organisations following the svJnalure of an intemship contract b8tsveen Wildscreen, the employer and the indiwdual awarded the intemship placement. The intemships are monitored throughout the process, *ith fomial reporb'ng required to ensure fvnds are utilised for Ihe purpose of the inlemship onty. UK employers are required to pay the Real LI￿ng Wage and place inlemships on PAYE. For intsmational placoments. kxal employnent laws and processes are followed. Ri$k m*nagement The trustees rewew annualty the principal risks the tharity may face and ovetsee the implementation of pmc8dures designed to minimise any Wentral impact ￿ the charity should Ihose risks materialise. 12 Wllds¢reen R•port of th• tru$tses For the ear ended 31 March 2023 Key elements in the management of finanual risks are the setting of a reserves policy and its regular review by trustees: the monitoring of financial performance against budgèi at èath board meeting th fmancial implications bwng hwdhl•3hled and dtscussed. Thg trustee5 consider that the chanty will ¢i￿￿nUe as a going concem for a period of at least 12 months from the date on which these finantial statements arg approved for the following reasons.. . The charity holds resefves of £228.962'. There has been a significant inmase in the value and number of grants from Irusts and foundalh)ns across our projects. wrth ts¥o MUlt￿year grants secured: . Year40und events programme in Ihe UK and intemationally continue to generate yearthround income through gran15, sponsorship a￿1 tickets sales. Wildscreen Festival Nairobi will be delivered in June 2023 and the Wikjscreen Festival wiu $tsrt generating inc£￿e to¥Yards Ihe end of the year in advanc6 of the event in October 2024: . Wildscreen continues to generate iear-fwrKJ in¢￿￿e through m8mbershp fees and ticket 5ales', . The ¢urr8nt fin￿cial projections. based on the fews8d plan ￿"tha year. shcAN Ihe reserves increasing above levd set by the ReseNes' Policy. Thg Irustees therefore consKler tt appropriate to adopt the going Lyjncern basis of preparalion of the accounts, as detsiled in not8 11¢) lo the fiftanc1￿ ststwnents. statement of r•sponsibilitièy of the trustws The trustees Iwho are also direetors of Ihe charity for ihe purposes of eompany are responsible for preparing the trustees, report and the financial ststwmonts in accordance with appli¢able law and United Kingdom Accounting Standards. including Financial Reporting Standard 102= The Financial Reporting Standard appIl￿b￿ in the UK and Republic of. Ireland (Uruted .Kingdom Generally Accepted Accounting Pracb"ce}. The trustses a￿ required to prepare finartial stateM￿ts for eath fknancial year. Ithich gNe a true and fair vtew of th8 state of affairs of the charity and the group and the incoming resources and applicats.on of resources. ineluding the net income or expenditure. of the charity 8nd the group for Ihe year. In preparing those financial statements the trustees are required lo.. select suitable accounting p￿l￿eS and then apply them consistenty. observe the methods and principles in the Charibes SORP.. make judgements and accounting estimates that are reasonable and prudent state whether applicable ￿lUntIng stsndards and statements of recommended practice have been followed. sL￿leCt to any material departures disdosed arxl ex￿air￿d in the financial statements. arKI pr8pare th8 finanual staternents on the goiThJ concem basis unless il 15 Wbappropriate to presume that the charity wll continue in operation. The trustees are responsib￿ for keeping proper acojunting records vthKh disclose with reasonable accuracy at any time the finan￿al posits.on of th8 charity and the group and which enable them to ansure that the financial statements compty wth the CoMpan￿S Act 2006. The trustees a￿ al80 responsibk for safeguardiTrJ tre assels of the charity and the group and hence for taknng reasonable steps for the prevention and detection of fraud and other irre9ularitss. 13 Wllds¢re•n Report of the trustees For the ar end•d 31 March 2023 The Injstees are responsible for the maintenance and integrity of the corporatè and financial infom)ation induded on the charitable c4)mpanls website. Leg￿lab.on in the Unitad Kin9dom goveming the preparation and dl5sem1natfv￿ of financial slalements may differ from legisktion in other jurisdicttons. The trustees have no beneficial interest in the charity. Independ•nt examiners Godfrey Wilson Limited were appointed as independent examiners to the group and parent ch during the year and have expressed Ihoir wllingness to continue in that capaaty. Approved by the Irustees on 14 Novembgr 2023 and ggned on their behall by Laura Marshall - Chair of Trustees 14 Indepèndent •xaminerfs report To the trust•es of Wiklscr•eD I report to the Charity trustees on my examination of the ¢ffisolidated acccmjnts of the Group comprising wild￿reen Ilhe Company} arrtl its subsi(liary ￿dertakingS for the year ended 31 March 2023. which are sel out on pages 17 ta 31. Rospon$lbllltl•s and basls of report As the trustees of the Company you are ￿SPOrtS1￿e for the preparatton of the con501idated accounts of the Group in aecordance with the requirements of the Charities Act 2011 (Yhe Acl'} and you have chosen to prepare consolidated aecounts for the Group. Y¢)u are satisfied that the accounts of both tha Company and the Group are not required by company law to be auditad and have thosen instead to have an indep8fKlenl examination. I report in respect of my examination of tho conSol￿ated accounts as carried out uTrJer section 145 of the Charities Act 2011 Ilhe 2011 Act'l. In Ca￿n9 wl my eXaMinat￿n I have folkNved ihe Directions given by the Charity Commission under sKtion 14515) (b) of the 2011 Act. An independent examination does not invofve gathering all the evidence that would be reqUI￿d in an audit and ¢onsequenUy does not cover all the matters that an audit￿ considers in giving their opinion on the accounts. The planning and ¢orKlucl of an audit goes beyond the limited assurance that an independent examination can provide. Consgquenyy l express ￿ opIn￿n as lo whether Ihe consolidated accounts present a Yrue and fairf view and my report 1$ limited lo Ihose swcific matters Set out in the independent examinerfs slatement. Ind•p•ndent ¢xamIn•￿$ stat•ment Since the Compan￿$ gross income exceeded £250.0(Kl your examiner must be a member of a body li51ed in 5eclion 145 of the 2011 Act. I confirm Ihal l am qualified to undertake the examination because l arn a member of the Inststute ol Chartered Accounlants in England and Wales {ItAEWI, %thich is one of the listed bodies. G(￿reY Wlson Limited also kyowded tx>)kkeeping and payToII seNces to the group durng the year. I eonfim that as a member of the ICAEW l am subject to the FRC'S Rwsed Ethical Standwd 2016. which I have app&ed wth respect to thi8 engagemenL I have Comp￿tsd my examination. I confimi that no malerial matters have ￿me to my attenti(￿ in connection with the examination giving me cause to believe that in any material reskwt.. 111 accounting records were not kept in respect of the Company and tho Group as requirèd by section 130 of the 2011 Act and. wlh respecl to the sub8idiaries. as required by sect¥)n 386 of the Companies Act 2006: or (2) the accounts do not accord with those records: or {3) the accounts do not comply with the awwnting requirements of section 396 of th8 2006 Act other than any requirement that Ihe accounts give a 'true and fair vie* wh￿h is not a matter considered as part of an independent examinalK)n: or (4) the accounts have r￿1 been prepared in accordance with the method5 and principles of the Stslement of Recommended Prath"¢e for accounting and reporting by char￿.eS applicable to charities preparing their accounts in accordance WTth tha Finanual Repth'ng Standard appticable in the UK and Rep￿ie of Ireland {FRS 102}. 15 Independent examintrfs report To the trustees of Wildscreen I have no concems and have come aeross no ¢ther matters wi C•)nneclion with the eX￿InatiOn to ich attention should be drawn in this rewrt in order to enabla a proper understanding of the accounts to bg reached. WIUi&VV OKY Stakg Dale.. 14 November 2023 Wllllam Guy Blake ACA Mwnb•r ol the ICAEW For and on behalf of= Godlroy Wilson Limited CharteTod accountants and statutory audito 5th Floor Mariner House 62 Prince Street Bristol BS1 4QO ts *• 16 ildscreen Consolidated statement of financial a¢ti¥iti•$ (incoipTrling an inMm8 and expenditure accounlj For the ear ended 31 March 2023 2023 Total 2022 Total Restricted Unrestricled Note Incom•froffl: Donations and legaoes Charitabl¢ acti¥￿eS Other tradirKJ activilios Inveslments 7.797 54.696 67,068 272.122 379,178 S9 74.865 326.818 379,178 59 83,680 11.114 73.047 Total Income 62.493 718.427 780.920 167,841 Exwndlture on". Raising lurKI¥ Charitable activffjes 52,881 51881 527.547 540 040 57,688 180.965 12.493 Total •xp•ndilur• 12.493 580.428 592.921 238.653 N•t incom• l (•xp•nditurel and net mov¢m8nl in funds 50,LhXI 137.999 187.999 170.812} Reconcillallon of funds: Totsl funds broughi forward 40.963 111.775 Total funds carried forward 50.000 178.962 228,962 40,963 All of Ihe ab)ve results are derived Irom continuing actrvities. There were no other recoJnised gains or losses other than those ststed above. Movements in fur￿$ are disclosed in note 16 to the accounts. AJI income and expendiiure pert&n to unrestricted funds in the prior reporn.ng period. 17 Wilds¢r¢en Con$olidat¢d balan¢e Sheets As at 31 March 2023 The group The group The chadty The charity 2023 2022 2023 2022 Note Fixed assets Investments 10. 11 102 102 102 102 Current a¥sets Debtors Cash at bank and in hand 12 19.8S3 255,719 59.111 95,296 4.359 71.651 7.989 53.706 275,572 154.407 76.010 61.695 Liabilities Creditors: amounts falling due 7Mthin 1 year 13 46.610 113.444 16.208 33,796 Net ￿rrent a5$ets 228,962 40.963 59.802 27.899 N•t a$￿ts 15 228,962 40,963 59.904 28.001 Funds Restricted funds Unrestricted funds 16 50,000 178.962 50.000 9.904 40.963 28.001 Total charity funds 228,962 40.963 59,904 28,001 For the year ended 31 Marth 2023, the charitable company was entiued to the exempb'on under section 47712} of the Companies Act 2W6. No notice has been dep)sited under seclb>i 476 in relation lo its accounts for the year ended 31 March 2023 and no members have requested an audit. The direc￿ ad(nowle¢*Je their re¥￿SibIl￿eS for ensuring Ihat thé Company keeps accountlng records coMpl￿￿j section 386.. and p￿paring accounts which give a true and fair of the state of affairs of th8 company as al 31 March 2023. and of Tts profft or loss for financial year in accordance with sections 394 and 395. arHI which olherwise ￿rnpty with thg requirements of the Companies Act 2006. These accounts have been prepared in accordance wilh the special provistons app￿Cable to companies sul¥'ecl lo the small companies. regime. Approved by the Irust88$ 1)n 14 Nov8mber 2023 and signed on th8ir behalf by Laura Marshall - Chair of Truste8s 18 Wildscreen Consolidated statement of ush flows For the ear •nd¢d 31 March 2023 2023 2022 Cash used In op•rating activiti•s: N&t movement in funds Adjustments for DKrease l {inueasg1 in debtors (Decrease) l in¢xease in Cr￿￿try$ 187.999 {70.8121 39.258 66.834 {27.3681 56.350 Net cash used In op•ratlng actlvltles 160,423 41,830 Increase l {decreasel In Cash and cash •quIVal￿tS in the y 160.423 141,8301 Cash and cash equNalents al the beginn1￿ of Ihe ￿ar 95.296 137,126 Cash and Cash equlvalonts at the end of the year 255,719 95.296 The ¢tharity has r￿1 provKled an analysis of changes in net debt as it does not have ￿Y bng lemi financing arranggments. 19 Wild$¢reen Notes to the f¢nancial statements For the ear ended 31 March 2023 1. Accounting policies a} Basls of preparatlon The financial slatem8nt$ have been prepared in accordance Acwinb'ThJ and Reporting by Charities.. Statement of Recommended Practice applicable to charitses in preparing their accoun15 in accordance wth the Financial Reporliw Standard applicable in the UK and Republic of IrelaTh4 {FRS 1021 leffectsve 1 January 20191- (Chaiibes SORP IFRS 10211. the Financial ReFthrng Stsndard applicable in th8 UK arKI Reput￿1¢ of Ireland IFRS 1021 the Companies Act 2006. Wildscreen meets the definibon of a pubh'c benefft entity ￿der FRS 102. Assets and liabilitios are initially recognisg1l at histori￿1 cost or transaction value unless othgrwse slated in the relevant accountiTrJ Oity Iiote. bl Group a¢¢ounts These financial ststements consofidate the results of the charitable company and its wholly- owned (controlled) subsidiaries on a line by line basis. Transactions and balances ba￿een thg charitable company and its SUb￿dianeS have been eliminated from the consolidated financial statements. 8alances bewn Ihe three companies are di￿0$8￿ in the notes of the charIta￿e company's balanee sheet. A separate ststement of finanual activities. or income and experKliture a¢￿unt. for the charitsble wnpany itself is r￿t presented because the charitable company has taken advantage of Ihe exery)tKffjs aff¢yded by section 408 of the Companies A 2006. c) Golng Concern b•sls of a¢¢ounting The accounts have been prepared on the assumption Ihat the charity is able lo e4)ntinue as a going concem. which the trustees consider appropriate hawrtg regard to the current level of unrestn.cted reserves. There are no material uneertainties about the charitys ability lo continue as a going con¢gm. dl Incom• Ino)me is recogrused when th8 charity has entiuement to the fijnds. any pwfomance conditions attached to the item of ino)me have been meL it is wthble that the income will be received. and the amount can be measured reliably. Income from the govemment and other grants, whether 'eapital' grants ￿ 'revenue' grants, is recognised when the charity has entiuement to the fijnds. any perfomiance corKlitions attached to the grants have been met. it is probabk thal the incx)me wil be receive(1 and the amount can be measured reliabty and is not deferred. Income received in advanee of events or séNices to be delivered in future periods is deferred nlil cnteria l¢y income recognition are mgt. Wlldscreen Notes to the flnancial sLitements For the •ar ended 31 March 2023 el Donated sevilces and fa¢ilitios Donated professional services antl donated facilities are reccrfyysed as income when the charity has control over the ilem. any wntJitK)ns associated *Mlh Ihe donated item have been rnel. the receipt of economic benefft from the use by the chanty of the item. is probable and the economic bgnefft can be measured reliably. In accordance with thg Charities SORP {FRS 1021, g8neral voluntser time r￿1 recognised. On receipt. donated profess¢onal services and donated faoylib'es a￿ recognised on the basis of the value of th8 gift to the charity ￿th1¢h is the am¢)unt the charity wouhd have been willing to pay lo obtain services or faulrtj.es of &Juivalent economic benefft on the open mafket.. a responding amount then recO￿lsed in expenditure in the peric*J of receipt. fl Intsrèst receivable Interest on funds hekd on deposit is included when receivab￿ arKI tt)e amount can be measured reliably by Ihe charity.. this is normally up)n r#)tlfi￿l￿n of the interest paid or payabte by the bank. g) Funds accountlng Unrestricted fuThJs are availab18 to spend on acliwtses that further any of the purpose5 of the charty. Designated funds are unrestricted fun¢Js of the charty wh￿h the trustees have decided It their discretion to set aside to use lor a specffic purpose. ReStr￿ted funds are donations which Ihe donor has speof*d are to be solely used for particular areas of the charitys work or for specific projects bein9 undertaken by the chwity. h} Expendlturo and 11r￿0¥•rats1e VAT Expenditure is recognised once there is a legal or constfuctive oblNJation to make a payment lo a third party. it is probable that settlement wll be requi￿ and the amount of the obligatson can bo measured reliabty. Irrocoverable VAT is ¢harg8d as a ￿$t awnst the acbvity for tP4tiich the oxpendilure was inojrred. 11 Allo¢atlon of support and gov•mance ¢¢)sts Support costs are thos? functions that assist the work of the charity but do not directly undertake charitable activit￿$. Go¥em8rtce costs are tho costs assixiated with the govomance arrangements of the Charsty. including the ￿$1S of complying with con51ilub.onal and statutory requirements and any costs associated wth the strategic management of the charitys activities. These have been alEocated betsveen ¢osl of raising funds and expenditure on charitable actiwtses on the foltOV4ing basés: 2023 2022 24% 76% Raising fvnds Charitable activibes 91% j) Tangible fixed ass•ts Items of equipment are capitslise(I where the price •xceeds £500. 21 Wildsueen Notes to th• financial statements For the ar ended 31 March 2023 k} Investmenl in subsldiary undertaking$ harIts￿8 company has wholly owned subsidiaries. Wiklsueen Trading Limitod. (registe￿d company number 02610S85} and Wildscreen Netsvork Limited Ire9iStered company number 0779)6701. Thg subsidiaries are used for n(￿-priMary purtKJse trading activities. The subsidiary undertakings are valued at ￿$1 less any cumulative impaimienl losses in the charrtable companys accounts. 11 Debtorn Trade and other debtors a￿ recognised at the settlement amount due after any trade discwnl offered. PrepayTnents are valued at the amount prepaid net of any trade ¢Jiscounts due. m) Cash at bank and in hand Cash al bank arKI ￿$h in hand indude5 ￿$h arKI short lerm hvJhty iNuid investrnents wilh short maturity of If*ee months or less from the date of acquisition or openiry of the deposit or similar account. n) Creditors CrediloT5 and provisions are recwised where there is a present obligation re$ulling from a past event Ihal wll probably result in Ihe transfer of fvnds to a third paty and the amounl dLJe lo settle the tjbligalion Can be measured or estimated reliabty. Cieditors and provisions are normally recognised * thwr seltlement amount after allowrng for any trade discounts due. o) Flnan¢lal Instrvments Thg charitable ￿MpanY onty has financial assels and financial liabillies of a kr￿j thal qualify as basic financial instruments. Ba￿C financial instiuments are Initial￿ recognised al transaction value and subsequenlty measured at their settlement value wlth ihe exception of bank loans which are subsequenuy rewnised al amortised cost using the effective interest method. pl Forelgn curr8n¢y transactlons Transactions in fO￿￿Jn currencies are transL3ted at rales prevailing al the dale of the transaction. Balances denominaled in foreign currencies are transL4ted at the rate of exchange prevailing al the year end. q) A¢¢ountFng estlmates and key judgements In Ihe application of the charitys accounting policies, the trustees are required to make judgements, eslimales and assumptions about the carrying values of assets and liabililios that are not readity apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors Ihal are considered to be relevant. Actual results may differ from thasè èstimatas. The estimates and undetyng assumptions ￿ rwewed on an ongoing basis. Revisions to accounting estimate5 are recognised in the period in vthich the estimate is revised rf revision affects only that p8riod. or in the peri(MJ of the revision and future periods rf the revision affects t￿th current and future periods. Thwe are no sources of estimalion uncertwnty Ihe year. Wildscreen Noles to the financlal stst•m•nts For the ar ended 31 March 2023 2. Income from donatlons and legacies Restricted Unrestricted 2023 2022 Donations Grants.. Garfiekl Weston Sueen Skills Department for Work and Pensions National Heritage Lottery Fund West of England Combined AutlK*rity Bristol Cty Council University of Bristol 130 130 6.205 50,000 11.005 5.933 4.797 3.000 50.000 3.540 10,425 11.005 5.933 4.797 3,lJ)O 10.000 2.250 1,260 74.865 83 All ineome from donations and legaues in the prK>r period was unrestricted. 3. Income from charitable activities Restitted Unrestricted 2023 2022 Ticket sales Submission fees Grants.. Linbury trust Creative &olJand British Film Institute Photography exhibitions and boards Footsge licenang 193.313 76.809 193.313 76.809 9,082 12221 50,000 3.096 1,600 2.000 3.096 1.600 1.978 276 Total income from charitable activiti 54,696 272.122 326.818 11,114 Al income from tharilable acti￿lieS in the prK>f p8ri¢>J was unrestricted. 23 Wildscr••n Notes lo Ih• finan¢lal statsments For the ear ended 31 March 2023 4. Income from other trading activities 2023 2022 Sponsorship Membèrship C¢)nsutsncy Trade show Other income Advertising and merchandise Nelworking events 294,221 35,753 14,741 14,100 12,435 5.368 20.240 30.787 17.746 300 2.755 864 355 Total In¢orne trom other tradln9 actfvities 379.178 73.047 l income from other trading aCbV￿"es in the current and prior peri￿a was unrestrthd. 5. Government grants The charitable company receNed government grants. comprising fvnding from the Department of Work and Pensions (Ktckstart S¢hemel. National Heritage Lottery Fund, British Film Instslule d West of England Combined Authority12022." Department of Work and Pensions (Kicksiart Sthemel, Bristol City Council and West of EngL3nd Combined Aulhorityl lo fund actmties during the year. The total value of these grants was £15.33012022: £22.675). There were no unfuwilled conditions or contingencies attaching to these grants. 24 Wll¢txrnen Forth r•ndod J1 Mxch X2J 6. Total expendtture 2022 TW F￿￿4￿1r9 st*tCOsis{note8} Gtants PaYdLq8 Butsaries Travd SL*$tste￿e Advert￿￿ and rnarketro 3.038 142.580 116.420 170.514 75.514 36.474 10271 3.477 19.316 2.411 1.037 8.417 15.751 13.6>7 1.037 31.489 18.948 13.637 23.8TT 20.622 J9 Ev