Charlty number: 306622
WILD PLANET TRUST
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
Bishop Fleming

WILD PLANET TRUST
CONTENTS
Page
Reference and administrative details of the Charity, Its Trustees and advisers
Trustees. report
Trustees. responsibilitie5 Statement
Independent audltors. report on the financial statements
Consolidated statement of financlal activities
10
Consolidated balance sheet
Charity balance sheet
12
Consolldatod statement of cash flows
13
Notes to the flnancial statements
14-43

WILD PLANET TRUST
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE PERIOD ENDED 31 MARCH 2025
Trustees
S E Kings (resigned 9 October 20241
R W J Ford (resigned 2 April 2025)
S 8arr BA, Chair
A C J Cooper Bsc
R Preziosi
R Hill BA(Hons) ACA (resigned 11 September 2024)
R A Rowe (resigned 27 March 2024)
B K McLaughlin (resigned 17 November 2025)
M S Salmon (resigned 17 March 2025)
A G Hart (resigned 17 March 2025)
C Cooper, Chair (resigned 25 September 20251
B Jobson (appoint8d 12 February 2024)
J O'Dwyer (appointed 15 April 20241
M Skipp (appointed 11 September 2024)
Charlty reglst8red
number
306622
Prlncipal offlce
Totnes Road
TQ4 7EU
Chief Executive Officer D J Flynn {resigned 29 May 2024)
Chief Executiveofficer
S Kings (appointed 1 October 2024)
Chlef Operatlng Offl¢er C Rugg {resigned October 2025)
Chief Impact Officer
S Nash (resigned March 2025)
Chief Flnance Offlcer
M Skipp (resigned May 20241
Independent auditors
Bishop Fleming Audil Limited
Chartered Accountants
Brook House
Winslade Park
Manor Drive
Clyst st Mary
Exeter
EX5 1GD
Bankers
Lloyds Bank plc
Paignton
Devon
Page 1

WILD PLANET TRUST
TRUSTEES. REPORT
FOR THE PERIOD ENDED 31 MARCH 2025
The Trustees submit their report and the audited financial statements for Wild Planet Trust for the year ended
31 March 2025. The fi'nancial ststements comply with the Charities Act 2011 and Companies Act 2006, the
Memorandum and Articles of Association and have been prepared in accordance with the requirements ofthe
Statement of Recommended Practice on accounting and reporting for charities IFRS 1021 effective 1st
January 2019, including the additional Gontent r8quired for larger charities.
STRATEGIC REPORT
Our Misslon
Wild Planet Trust (the 'Charily"l is an education, scientific and conservation charity that takes action to
protect al-risk animals and plants from the impacts of biodiversity1055 through activities designed to help halt
species decline.
Three core beliefs underpin our work.
Every sp8cies is special
Everything is connected
Every action matters
Public Beneflt
In setting objectives and planning activities for the yéar, the trustees have given careful consideration to
ensuring that the Charity's activities ar8 to the public benefit, and they have had regard to the Charity
Commission's guidance on public benefit. Accordingly, the activities at our siles during the last year were
for the public benefit and were in accordance with the objects of the Charity. They are..
To advance scièntific knowledge of plants, animals and the natural world.
To advance the education of students and the public on the conseNation of the physical and natural
world and the promotion of biodiversity.
To promote the conservation of the physical and natural environment and th8 maintenance of
biological diversity.
Our Strateglc Framework
Conservation is at the heart of what we do at Wild Planet Trust. Our work provides a lifeline for an ever-
growing list of animals and plants that are threatened in the wild and we are committed to playing our part in
the global effort to help halt species decline.
We have d(￿e this through..
Providing Safe Havens for endangered species
Working Together through Gommunity and project partnerships
Taking Action to protect sustainable habitats
Conducting Research to advan￿ animal welfare and conservation science
Telling people why this work is vital
Page 2

WILD PLANET TRUST
Safe Havens
We have sponsored projects in Nigeria, Tanzania and Zimbabwe. Also, we have sponsored local projects
within Devon and Cornwall.
Working together
Wild Planet Trust owns and manages 5 conservation sites, including the Paignton Zoo 8nd Newquay Zoo
with extensive community involvement.
Taking action
We have worked closely with other accredited zoos, botanical gardens, and conservation partners to
ensure that our work makes a difference where it matters most.
Conductlng Research
We have offered bespoke provision to Higher Education Institutions and academic partners, through course
linked teaching and support of research projects that align to our stated airns and assist us in the gathering
of robust and meaningful conservation evidence.
Telling People
We have engaged with our guests, forging emotional connections, and motlvated them to act through the
delivery of compelling nature stories.
A Year In Figuros
A lot81 of 1,210 schools, colleges, and universities vislted Wild Planet Trust Zoos in 202412025.
These trips allowed 26,480 pupils to find out about our work
A total of 320,437 guests visiled Wild Planet Trust Zoos in 202412025
We can now say with confidence, that a visit to our zoos..
increases a person's sense of connection to nature
increas8s a person's feeling of being part of nature
increases a person's undèrstanding that they can take action to help nature.
FINANCIAL REVIEW
The Wild Planet Trust changed its financial year end from 31 October to 31 March 2025, 50 this report
incorporates a 17-month trading period from 1 November 2023.
In Summary
With a change in the Wild Planet Trusts financial year end, from 31 October 2024 to 31 March 2025, the 17-
month period under review incorporated two winter seasons. It is a known fact thal winter trading periods are
excepts'onally draining on the trusts financial resources due to low visitor numbers, and this is reflected in the
poor trading results below. The winter period from 1 November 2023 to 31 March 2024 reflected a deficit of
£2,1 m whiGh has been included in the 17-month period trading results.
Revenue is largely driven by visitor footfall along with the secondary spend in the retail and catering facilities.
Unfortunalely, the prevailing economic climate, coupled with limited financial resources available to upgrade
several animal enGlosures, resulted in a reduction in visitor numbers for the period.
The resultanl consolidated revenue for the 17-month period was £13.1m compared to the prior year 12-
month period of £11,6m.
Total expenditure levels for the 17-month period increased to £27,Om, compared to the prior year 12-month
period expenditure level of £14,2m due to inflationary pressures and increased zoo operating costs. The
Page 3

LD PLANET TRUST
period under review includes the cost of staff redundancies, which were deemed necessary as part of a cost
reduction program in the third quarter of 2024, at a cost of £0.2m creating a savings in annual staff costs of
£1,0m.
Funds & Reserves
It is the general policy of the Charity to apply towards its charitsble objectives as much funding as it
reasonably can, to avoid accumulating eX￿sSive cash reseNes. Where appropriat8, borrowings are
undertaken to fund elements of significant capital projects.
With the poor trading results for the period under review, it has unfortunately been necessary for the Charity
to utilise its reserves to fund the operations of both the Paignton & Newquay Zoo's. As a result, the reserves
fund had been reduced to £1,4m by 31 March 2025.
Restricted & Designated Funds
Restricted income funds are derived from donations, grants, and legacies receivèd and are put towards a
variety of project5. Unrestricted funds may be designated or used freely for the Charities purposes.
At 31 March 2025 the Group had total restricted funds of £393k, endowm8nt funds of£408k and unrestricted
reserves of £3.1m.
STRUCTRE, GOVERNANCE and MANAGEMENT
Wild Plan8t Trust is a registered charity (Number 3066221, govemed by Its Charity Commission Scheme (LT
306,622 A13 dated September 1991).11 is an unincorporated association Tun by a board of trustees.
A skills audit of the Board is maintained with a target list of expertise and experlence whl¢h provides the
criteria for future appointments.
Training of trustees is reviewed against individual training n88ds, and a full introduction and induction to th8
Charity is giv6n to new trustees upon appointment.
The Board meets regularly throughout the year to review strategy and perfomiance. Whilst the trustees are
responsible for the strategy and policy issues, the day-to-day administration and management of the Charity
is delegated to the Chief Executive.
Taking into consideration the Charities financial situation, the trustees took the decision to search for a
potenlial inveslor, to either provide much need funding or alternatively purchase both the zoo's. The trustees
employed S&W Partners Group Ltd, an independent specialist financial restructuring company, ané offered
the zoos to potential investors. After following a clear and transparent process, and careful consideration of
Charily Commission regulations, the trustees decided to sell the zoos to Libema, a Netherlands based
investor with vast experience in the management and operations of zoo's in Europe
The trust will remain intact, and will continue to as a charity, utilising ils funds to pursue its charitable
objectives.
S Barr
(Chair of Trustees)
Date:
2Lld6
Page 4

WILD PLANET TRUST
STATEMENT OF TRUSTEES, RESPONSIBILITIES
FOR THE PERIOD ENDED 31 MARCH 2025
The Trustees are responsible for preparing the Trustees, Report and the financial statements in accordance with
applicable law and United Kingdom A¢counting Standards (United Kingdom Generally Accepted Accounting
Practice).
The law applicable to Gharities in England & Wales requires the Trustees to prepare financial statements for
each financial period which give a true and fair view of the state of affairs of the Group and the Charity and of
their incoming reSoUr￿S and application of resources, including their income and expenditure, for that period. In
preparing these financial statements. the Trustees are required to-
select suitable accounting policies and then apply them consistently.,
observe the methods and principles ofthe Charities SORP IFRS 102).,
make judgments and accounting estimates Ihat are reasonable and prudent.,
State whether applicable UK Accounting Standards {FRS 1021 have been followed, subject to any material
departures disclosed and explained in the financial statements.,
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
Group will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain
the Group and the Charitls transactions and disclose with reasonable accuracy at any time the financial position
of the Group and the Charity and enable them to ensure that the financial statements comply with the Charities
Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are
also ￿sponSible for safeguarding the assets of the Group and the Charity and hence for taking reasonable steps
for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees and signed on its behalf by:
S Barr
(Chair of Trustees)
Date:
JCLILJI L Born
Page 5

WILD PLANET TRUST
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF WILD PLANET TRUST
OPINION
We have audited the financial statements of Wild Planet Trust {the 'parent charity,) and its subsidiaries (the
'group'l for the period ended 31 March 2025 which comprise the Consolidated Statement of Financial Activities,
the Consolidated Balance Sheet, the Charity Balance Sheet, the Consolidated Statement of Cash Flows and the
related notes, including a summary of significant accounting policies. The financial reporting framework that has
been applied in their preparation is applicable law and United Kingdom Accounting Standards, including
Financial Reporting Standard 102 'The Financial Reporting Slandard applicable in the UK and Republic of
Ireland, (United Kingdom Generally Accepted Accounting Practi￿).
The financlal statements have been prepared in accordance with Accounting and Reporting by Charities
preparing their accounts in accordan￿ with the Financial Reporting Standards applicable in the UK and Republic
of Ireland (FRS 1021 in preferencè to the Accounting and Reporting by Charities: Statement of Recommended
Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.
This has been done in order for the accounts to provide a true and fair view in accordance with the Generally
Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
In our opinion the financial statements..
give a true and fair view of the stste of the Group's and of the parent charitls affairs as at 31 March 2025
and of the Group's incoming resources and application of resources, including its Income and expenditure
for the period then ended.,
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice,. and
have been prepared in accordance with the requirements of the Charitl8s Act 2011.
BASIS FOR OPINION
We conducted our audit in accordance with Intemational Standards on Auditing IUKI IISAS {UK)l and applicable
law. Our responsibilities under those standards are further described in the Auditors, responsibilities for the audit
of the financial statements section of our report. We are independent of the Group in accordance with the ethical
requirements that are relevant to our audit of the financial statements in the United Kingdom, including the
Financial Reporting Council'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 to provide a basis for our opinion.
CONCLUSIONS RELATING TO GOING CONCERN
In auditing the financial statements, we have concluded that the Trustees, use of the going concem 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 to events or
conditions that, individually or collectively, may cast significant doubt on the Group's or the parent charity's ability
to continue as a going concern for a period of at least twelve months from when the financial statements are
authorised for issue.
Our responsibilities and the responsibilities of the Trust8es wth respect to going con￿r￿ ar& described in the
relevant sections of this report.
Page 6

WILD PLANET TRUST
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF WILD PLANET TRUST {CONTINUED)
OTHER INFORMATION
The other information comprises the information included in the Trustees, Report other than the financial
statements and our Auditors, Report thereon. The Trustees are responsible for the other information contained
within the Trustees, Report. Our opinion on the financial statements does not cover the other InfO￿atIOn and,
except to the extent olherwise explicitly stated in our report. 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 inconsistent with the financial statements or our knowledge obtained in the course of the
audit, or otherwise appears to be materially misslaled. If we identify such material inconsistencies or apparent
material misstatements, we are required to determine whether this gives rise to a material misstatement in the
financial statements themselves. If, based on the work we have performed, we conclude that there is a material
misstatement of this other information, we are required to report that fact.
We have nothing to report in this ragard.
MATTERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION
We hav8 nothing to report in respect of the following matters where the Charities (Accounts and R8POrtsl
Regulations 2008 r8quires us to report to you if, In our opinion:
the infomiation given in the Trustees, Report is inconsistent in any material respect with the financial
statements., or
the parent Charity has not kept sufficient accounting records., or
the parent Charity financial statements are not in agreement with the accounting records and returns. 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 the financial statements which give a true and fair view, and for such internal control as the
Trustees determine is necessary to enable the preparation of financial statements that are free from material
misstatement, whether due to fraud or error.
In preparing the financial statements, the Trustees are responsible for assessing the Group's and the parent
charity's ability to continue as a going concern, disclosing, as applicable, matters related lo going concern and
using the going concern basis of accounting unless the Trustees either intend to liquidate the Group or the
parent charity or to cease operations, or have no realistic altemative but to do so.
Page 7

WILD PLANET TRUST
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF WILD PLANET TRUST (CONTINUED)
AUDITORS. RESPONSIBILITIES FOR THE AUDIT OF THE FINANCIAL STATEMENTS
We have been appointed as auditor under section 151 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 assurance aboul whether the financial statements as a whole are free
from material misstatement, whether due to fraud or error, and to issue an Auditors, Report that includes our
opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in
accordance with ISAS {UKI will always detect a material misstatement when il exists. Mi55tatements can arise
from fraud or error and are considered material if, individually or in the aggregate, they Gould reasonably be
expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are InStan￿S of non-compliance with18ws and regulations. We design procedures
in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities,
including fraud. The extent to which our procedures are ¢apable of detecting irregularities, including fraud is
detailed below..
in assessing the risk of material irregularitie5, including fraud and non-compliance with laws and regulations,
we considered the nature of the sector, control environment, and financial perfonnance,.
we have considered the results of enquiries with management and the Trustees in relation to their own
identification and assessment of the risks of irregularities within the Charity;
we have reviewed the documentation of key processes and controls, and performed walkthroughs of
transactlons to confimi that the systems are operating in line with documentation.,
we have obtained and reviewed the Charity's documentation of their policies and procedures relating to..
identifying, evaluating, and complying with laws and regulations and whether they were aware of any
instances of non-compliance;
detecting and responding lo the risks of fraud and whether they have knowledge of any actU81.
suspected, or alleged fraud;
the internal ¢ontrols established to mitigate risks of fraud or non-compliance with laws and regulations
we have considered the matters discussed among the audit engagement team regarding now and where
fraud might occur in the financial statements and any potential indicators of fraud.
As a result of these procedures, we have considered the opportunities and incentives that may exist within the
Charity for fraud and identified the highest area of risk to be in relation to income recognition. In common with all
audits under ISA5 IUKI, we are also required to perform specific procedures to respond to the risk of
management override of controls through the use of manual journals.
We have also obtained an understanding of the legal and regulatory frameworks that the Charity operates in.
focusing on provisions of those laws and regulations that had a direct effect on the determination of material
amounts and disclosures in the financial statements. The key laws and regulations we considered in this context
included the Charities Act 2011, Charities SORP 2019, UK Companies Act, UK tax legislation and FRS 102.
In addition, we considered provisions of other laws and regulations that do not have a direct effect on the
financial statements but compliance with which may be fundamentsl to the Charity's ability to operate or avoid
material penalty. These included the Zoo Licensing Act, data protection legislation, food hygiene regulations,
health and safety regulations, and employment legislation.
Our risks identified for the parent Charity and its subsidiaries, as necessary, included the following..
reviewing the financial statement disclosures and testing to supporting documentation to assess compliance
with provisions of relevant laws and regulations described as having a direct effect on the financial
statements.,
enquiring of management and Trustees in relation to actual and potential claims or litigation,.
performing analytical procedures to identify unusual or unexpected relationships that may indicale risks of
material misstatement due to fraud,.
reviewing Executive Board and Trustee meeting minutes-
in addressing the risk of fraud through management override of controls, testing the approprialeness of
Page 8

WILD PLANET TRUST
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF WILD PLANET TRUST (CONTINUED)
joumal entries and other adjustments,. assessing whether the judgements made in accounting estimates are
indicative of potential bias- and evaluating the business rationale of significant transactions that are unusual
or outside the nomial course of business.
W8 also communicated identified laws and regulations and potential fraud to all members of the engagement
leam and remained alert lo possible indicators of fraud or non-Gompliance with laws and regulations throughout
the audit.
As a result of the inherent limitations of an audit, there is a risk that not all irregularities, including a material
misstatement in the financial statements or non-compliance with regulation, will be detected by us. This risk
increases the further removed compliance with a law or regulation is from the events and transactions reflected
in the financial statements, given we will be less likely to be aware of it, or should the irregularity occur a5 a result
of fraud rather than a one-off error, as this may involve intentional concealment, forgery, collusion, omissions, or
misrepresentation.
A further description of our responsibiliti8s for the audit of the financial ststements is located on the Financial
R8POrting Council's website at: ￿w.frc.0r
.uklauditorsres
on5ibilities. This description forms part of our
Auditors, Report.
USE OF OUR REPORT
This report is made 501ely to the charity's trustees, as a body, in aGcordance with Part 4 of the Charities
(Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the
charity's trustees those matters we are required to state to them in an Auditors, Report and for no other purpose.
To the fullest extent pemiitted by law, we do not accept or assume responsibility to anyone other than the charity
and its trustees, as a body, for our audit work, for this report, or for the opinions we have fomied.
Mark Munro FCA {Senlor statutory auditor)
for and on behalf of
Bishop Fleming Audit Limited
Chartered Accountants
statutory Auditors
Brook House
Winslade Park
Manor Drive
Clyst st Mary
Exeter
EX51GD
Date.. 2910112026
Bishop Fleming Audit Limited are eligible to act as auditors in terms of section 1212 of the Companies Act 2006.
Page 9

WILD PLANET TRUST
CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE PERIOD ENDED 31 MARCH 2025
Unrestricted
Restrlcted Endowment
Total
funds
funds
funds
funds
Period ended Period ended Period ended Perlod ended
31 March
31 March
31 March
31 March
2025
2025
2025
2025
Total
funds
Year ended
31 October
2023
Note
INCOME AND
ENDOWMENTS
FROM..
Donations and legacies
Charitable activities
other trading activitl8S
Investments
Other income
635,991
8,321,185
3,829,905
107,968
102,376
46,041
27,565
682,032
8,348,750
3,829,905
107,968
112,076
215,326
7,179,906
4,014,372
107,444
45,923
9,700
TOTAL INCOME
12,997,425
83,306
13,080,731
11,562,971
EXPENDITURE ON:
Raising funds
Charitable aclivitles
3,000,539
23,244,180
3,000,539
23,948,520
2,806,605
11,370,258
10
704,340
TOTAL
EXPENDITURE
26,244,719
704,340
26,949,059
14,176,863
NET INCOMEI
{EXPENDITUREI
BEFORE NET
GAINSI {LOSSES)
ON INVESTMENTS
Net gains on
investments
(13,247,294)
(621,034)
(13,868,328) {2,613,892)
361,909
361,909
4,262
NET MOVEMENT IN
FUNDS
(12,885,385)
(621,034)
(13,506,419) {2,609,630)
RECONCILIATION OF
FUNDS:
Total funds brought
forward
Net movement in funds
TOTAL FUNDS
CARRIED
FORWARD
14,679,204
(12,885,385)
2.321,762
(621,034)
408,293
17,409.259
20,018,889
(13,506,419) 12,609,630)
22
1,793,819
1,700,728
408,293
3,902,840
17,409,259
The Consolidated Statement of FinanGial Activities includes all gains and losses recognised in the period.
The notes on pages 14 to 43 form part of these financial statements.
Page 10

WILD PLANET TRUST
CONSOLIDATED BALANCE SHEET
AS AT 31 MARCH 2025
31 March
2025
31 October
2023
Not8
FIXED ASSETS
Intsngible assets
Tangible assets
Investments
15
16
17
2,819
3,939,486
1,379,093
43,584
12,974.644
2,387,626
5,321,398
15,405,854
CURRENT ASSETS
Stocks
18
250,327
557,834
189,596
414,934
920,931
4,037,436
Debtors
Cash at bank and in hand
19
26
997,757
5,373,301
CURRENT LIABILITIES
Creditors: amounts falling due within one
year
20
{2,416,315)
(2,369,897)
NET CURRENT LIABILITIES I ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
(1,418,558)
3,003,404
3,902,840
18,409,258
Creditors.. amounts falllng due after more
than one year
21
(999,9991
TOTAL NET ASSETS
3,902,840
17,409,259
CHARITY FUNDS
Endowment funds
Restricted funds
Unrestricted funds
22
22
408,293
393,940
408,293
2,321,762
Designated funds
General funds
22
22
566,689
14,112,515
3,100.607
Total unrestricted funds
22
3,100,607
14,679,204
TOTAL FUNDS
3,902,840
17,409,259
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:
S Barr
(Chair of Trustees)
Date..
JoJRh
IL KJ(knU Y
The notes on pages 14 to 43 form part of these financial statements.
Page11

WILD PLANET TRUST
CHARITY STATEMENT OF FINANCIAL POSITION
FOR THE PERIOD ENDED 31 MARCH 2025
31 March
2025
31 October
2023
Note
FIXED ASSETS
Tangible assets
Investments
16
17
2,962,305
1,379,093
7,993,089
2,387,626
4,341,398
10,380.715
CURRENT ASSETS
Debtors
Cash at bank and in hand
9,415
36,930
19,539
1,082,036
46,345
1,101,575
CURRENT LIABILITIES
Creditors: amounts falling due within one
y8ar
20
{20,217)
(25,675)
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
26,128
1,075,900
4,367,526
11,456,615
TOTAL NET ASSETS
4,367,526
11,456,615
CHARITY FUNDS
Endowmenl funds
Restricted funds
Unrestricted funds
22
408,293
65,221
408,293
179,502
22
Designated funds
General funds
22
566,689
10,302,131
22
3,894,012
Total unrestricted funds
22
3,894,012
10,868,820
TOTAL FUNDS
4,367,526
11,456,615
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by..
S Barr
(Chair of Trustees)
Date".
L Eclrn
26 1026.
The note5 on pages 14 to 43 form part of these financial ststement5.
Page12

WILD PLANET TRUST
CONSOLIDATED STATEMENT OF CASH FLOWS
FOR THE PERIOD ENDED 31 MARCH 2025
Period
ended Year ended
31 March 31 October
2025
2023
Note
CASH FLOWS FROM OPERATING ACTIVITIES
Net cash used in operating activities
25
(4,202,152) (931,251)
CASH FLOWS FROM INVESTING ACTIVITIES
Dividends, interests and rents from investments
Proceeds from the sale of tangible fixed assets
Purchase of intangible assets
Purchase of tangible fixed assets
Proceeds from sale of investments
Purchase of investments
Interest receivable
103,844
150,463
49,186
8,534
(5,754)
1476,289) (1,140,344)
3,845,557
843,848
(2,667,913) (941,943)
4,124
50,455
NET CASH PROVIDED BYI(USED IN) INVESTING ACTIVITIES
959,786 {1,136,018)
CASH FLOWS FROM FINANCING ACTIVITIES
Cash inflows from new borrowing
Repayments of borrowing
Interest paid
232,328
76,693
{667,603) {545,455)
(115,209) (111 ,585)
NET CASH USED IN FINANCING ACTIVITIES
1550,4841 {580,347)
CHANGE IN CASH AND CASH EQUIVALENTS IN THE PERIOD
Cash and cash equivalents at the beginning of the period
(3,792,850) 12,647,616)
3,986,234
6,633,850
CASH AND CASH EQUNALENTS AT THE END OF THE PERIOD
26
193,384
3,986,234
The notes on page5 14 to 43 form part of these financial statements
Page 13

WILD PLANET TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
GENERAL INFORMATION
The Charity (registered number 3066221 is a registered charity in England and Wales. The registered
office address is Tolnes Road, Paignton, Devon, TQ4 7EU.
ACCOUNTING POLICIES
2.1 BASIS OF PREPARATION OF FINANCIAL STATEMENTS
The financial statements have been prepared in accordance with the Charities SORP {FRS 102)
Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities
preparing their accounts in accordance wilh the Financial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 1021 (effective 1 January 20191, the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011.
The financial statements have been presented for a period longer than one year, and have been
prepared for a 17 month period from 1 November 2023 to 31 March 2025. The period end has been
amended to better align with teh trading pattems of the Group's zoological parks. As a consequence
fo the change, the comparative amounts presentèd in the financial statements (including the related
not8s) are not entirely comparable to the results to 31 March 2025.
The financial statements hav6 been prepared to give a 'true and fair, view and have departed from
the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true
and fairf view. This departure has involved following the Charities SORP IFRS 1021 published in
October 2019 rather than the Accounting and Reporting by Charities.. Statement of Recommended
Practice effective from 1 April 2005 which has since been withdrawn.
Wild Planet Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities
are initially recognised at historical cost or transaction value unless otherwise stated in the relevant
accounting policy.
The Consolidated Statement of Financial Activities (SOFA) and Consolidated Balance Sheet
consolidate the financial statements of the Charity and ils subsidiary undertakings. The results of the
subsidiaries are consolidated on a line by line basis.
2.2 GOING CONCERN
In accordance with the requirements of applicable accounting standards and best practice for
charities, the Board of Trustees has assessed the ability of the organisation to continue as a going
concern. This assessment considers all available information about the future, the possible outcomes
of events and changes in conditions, and the realistic responses to such events and conditions that
are available to the organisation.
Based on the review of the current financial posilion, anticipated future cash flows, and the
organisation's ongoing activities, the Board is satisfied that the charity has adequate resources to
continue in operational existence for the foreseeable future. Accordingly, the financial statements
have been prepared on a going concern basis.
No material uncertainties have been identified that may cast significant doubt upon the charity's ability
to continue as a going concern. The Board will continue to monitor the organisation's financial
position and perfomiance, and will take appropriate actions as Gircumstances require.
It is therefore the opinion of the Trustees that the use of the going concern basis of accounting is
appropriate in the preparation of these financial statements.
Page 14

WILD PLANET TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
ACCOUNTING POLICIES (continued)
2.3 POST BALANCE SHEET EVENTS
Subsequent to the balance sheet date, the charity has completed the sale of certain properties
previously held as part of its asset portfolio. The proceeds from these sales will be recognised in the
next financial period. There were no indications at year end that would have required adjustment to
the carrying value of these properties as at the balance sheet date.
In addition, after the year end, the charity's subsidiary South West Environmental Parks Limited
Gompleted the sale of the assets and transfer of operations of two zoological parks. The disposals
were finali5ed through agreement with the same party acquiring the properties, and the related
income and expenditure will be reflected in the subsequent financial statements. The charity has
assessed the impact of these disposals and determined that there are no conditions requiring
adjustment to the financial statements as at year end.
Furthermore, subsequent to the year end, the charity agreed to waive intercompany balances owed
by South West Environmental Parks Limited. These waivers were formalised after the balance sheet
date and do not affect the financial position reported as at 31 March 2025. At the date of the waiver,
South West Environmental Parks Limited owed Wild Planet Trust £2,297,822 and South West Zoo
Enterprises Limited £1,006,634. The waivers were made to simplify the group structure and support
the ongoing operations of the subsidiaries.
Management has considered the implications of these post balance sheet events and is satisfied that
the charity remains a going concern, with adequate resourGes to continue its operations for the
foreseeable future. These events do not require adjustment to the financial statements for the period
ended 31 March 2025, but are disclosed to provide users of the financial statements with information
relevant to the charity's flnancial position and future activities.
2.4 INCOME
All income is recognised once the Charity has entitlement to the income, it is probable that the
income will be received and the amount of income receivable Can be measured reliably.
The recognition of inGome from legacies is dependent on establishing entitlement, the probability of
receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of
entitlement to a legacy exists when the Charity has sufficient evidence that 8 gift has been left to
them (through knowlèdge of the existence of a valid will and the death of the benefactor) and the
executor is satisfied that the property in question will not be required to satlsfy claims in the estate.
Receipt of a legacy must be recognised when it is probable that it will be received and the fair value
of the amount receivable, which will generally be the expected cash amount to be distributed to the
Gharity, can be reliably measured.
Grants are included in the Consolidated St3tement of Financial Aclivities on a receivable basls. The
balance of income received for specific purposes but not expended during the period is shown in the
relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt.
its recognition is deferred and included in creditors as deferred income. Where entitlement occurs
before income is received, the income is accrued.
Income tsx recoverable in relation to investrnent income is recognised at the time the investment
income is receivable.
other income is recognised in the period in which it is ￿CeiVable and to the extent the goods have
been provided or on completion of Ihe service.
Page 15

WILD PLANET TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
ACCOUNTING POLICIES (contlnued)
2.5 EXPENDITURE
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit
to a third party, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs
of each activity are made up of the total of direct costs and shared costs, including support costs
involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly
to that activity. Shared costs which contribute to more than one activity and support costs which are
not attributable to a single activity are apportioned between those activities on a basis consistent with
the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation
charges allocated on the portion of the ass8t's use.
Expenditure on raising funds includes all expenditure incurred by the Group to raise funds for its
charitable purposes and includes costs of all fundraising activities events and non-charilable trading.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the
Group's objectives, as well as any associated support costs.
All expenditure is indusive of irrecoverable VAT.
2.6 GOVERNMENT GRANTS
Govemment revenue grants are credited to the Consolidated Statement of Financial Activities as the
related expenditure is incurred.
2.7 INTEREST RECEIVABLE
Interest on funds held on deposit is included when receivable and the amount can be measured
reliably by the Group,. this is normally upon notification of the interest paid or payable by the institution
with whom the funds are deposited.
2.8 INTANGIBLE ASSETS AND AMORTISATION
Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible
assets are measured at cost less any accumulated amortisation and any accumulated impairment
losses.
Amortisation 15 provided on intangible assets at rates calculated to write off the cost of each asset on
a slraight-line basis over its expected useful life.
The estimated useful lives are as follows..
Computer software
5 years
2.9 TANGIBLE FIXED ASSETS AND DEPRECIATION
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible
fixed assets are measured at cost less accurnulated depreciation and any accumulated impaimient
losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be
included in the measurement of cost.
Page 16

WILD PLANET TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
ACCOUNTING POLICIES (contlnued)
2.9 TANGIBLE FIXED ASSETS AND DEPRECIATION (CONTINUED)
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value
over their estimated useful lives, using the straight-line method.
Depreciation is provided on the following bases..
50 years, except for land not depreciated
10 to 50 years
Freehold property
Leasehold property and
improvements
Motor vehicles
5 years
Fixlures, fittings and equipment 5 to 10 years
Assets under construction
Not depreciated
Library
Not depreciated
The asset5, residual values, useful lives and depreciation methods are reviewed, and adjusted
prospectively if appropriate, or if there is an indication of a sSgnificant change since the last reporting
dat8.
2.10 ASSETS - ANIMALS
Animals are generally acquired from other zoological organisations without charge, and they are
incapable of being reliably valued. Accordingly, no value is attributed to the animals in these financial
statements. There were no material purchases or sales of livestock during the current or previous
year. Full detalls of the animals included in the zoos, collections are available In a separate annual
report published by the Charity.
2.11 INVESTMENTS
Fixed asset investments are a form of financial instrument and are initially recognised at their
transaction cost and subsequently measured at fair value at the Balance Sheet date, unless the value
cannot be measured reliably in which case it is measured at cost less impairment. Investment gains
and losses, whether realised or unrealised, are wmbined and presented as 'Gainsl{Lossesl on
investments, in the Consolidated Statement of Financial Activities.
2.12 STOCKS
stocks are valued at the lower of cost and net realisable value after making due allowance for
obsolete 8nd slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed
and variable overheads.
2.13 DEBTORS
Trade and other debtors are recognised at the setUem8nt amount after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
2.14 CASH AT BANK AND IN HAND
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity
of three months or less from the date of acquisition or opening of the deposit or similar account.
Page 17

WILD PLANET TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
ACCOUNTING POLICIES (continued)
2.15 LIABILITIES AND PROVISIONS
Liabilities are recognised when there is an obligation at the Balance Sheet date as a r&sult of a past
event, it is probable that a transfer of economic benefit will be required in settlement, and the amount
of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the
amount it has received a5 advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where
the effect of the time value of money is material, the provision is based on the present value of those
amounts, discounted al the pre-tax discount rate that reflects the risks specific lo the liability. The
unwinding of the discount is recognised in the Con501idated Statement of Financial Activities as a
finance cost.
2.16 FINANCIAL INSTRUMENTS
The Group only h8s financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised al transaction value and subsequently
measured at their settlement value with the exception of bank loans which ar8 subsequently
measured at amortlS8d cost using th8 effective interest method.
2.17 OPERATING LEASES
Rentals paid under operating leases are charged lo the Consolidated Statement of Financlal
Activities on a straighl-line basis over the lease temi.
2.18 PENSIONS
The Group operates a defined contribution pension scheme and the pension charge represents the
amounts payable by the Group to the fund in respect of the year.
2.19 FUND ACCOUNTING
General funds are unreslricled funds whiGh are available for use at the discretion of the Trustees in
furtherance of the general objectives of the Group and which have nol been designated for other
purposes.
Designated funds comprise unreslricled funds Ihal have been set aside by the Truslees for particular
purposes. The aim and use of each designated fund is set out in the notes to the financial
statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by
donors or which have been raised by the Group for particular purposes. The costs 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 to the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
Page18

WILD PLANET TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
CRrricAL ACCOUNTING ESTIMATES AND AREAS OF JUDGMENT
Estimates and judgments are continually evaluated and are based on historical experience and other
factors, including expectations of future events that are believed to be reasonable under the
circumstances.
Critical accounting estimates and assumptions..
The Charity rnakes estimates and assumptions concerning the future. The resulting accounting estimates
and assumptions will, by definition, seldom equal the related actual results. The estimates and
assumptions that have a significant risk of causing a material adjustment to the carrying amounts of
assets and liabilities within the next financial year are discussed below.
Critical areas of judgment:
The useful life of the fixed assets is a key judgment and has been made based on management's
knowledge of the assets held.
The carrying value of property and any impairment recogni5ed is a key judgement and has been made
based on management's knowledge of the assets held, external valuations undertaken and post-year end
disposals.
INCOME FROM DONATIONS AND LEGACIES
Unrestrlcted Restrlcted
funds
funds
Period
Period
ended
ended
31 March
31 March
2025
2025
Total
funds
Period
ended
31 March
2025
Donations
Legacies
44,909
591,082
44,909
637,123
46,041
635,991
46,041
682,032
Unrestricted
Restricted
Total
funds
funds
funds
Year ended Year ended Year ended
31 October
31 October
31 October
2023
2023
2023
Donations
Grants
160,867
160,867
54,459
54,459
160,867
54,459
215,326
In accordance with FRS 102 and the Charities SORP (FRS 102), the economic contribution of general
volunteers is not recognised in the accounts.
Page 19

WILD PLANET TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
INCOME FROM CHARITABLE ACTIVITIES
Unrestricted Restricted
funds
funds
Period
Period
ended
ended
31 March
31 March
2025
2025
Total
funds
Period
ended
31 March
2025
Operation of the Paignton Zoo
Operation of Newquay Zoo
Operation of Living Coasts
Education
Field conservation and research
6,086,392
1,847,675
14,262
267,579
105,277
6,086,392
1,847,675
14,262
267,579
132,842
27,565
8,321,185
27,565
8,348,750
Unrestricted
Restricted
Total
funds
funds
funds
Year ended Year ended Year ended
31 October 31 October 31 October
2023
2023
2023
Operation of the Paignton Zoo
Operation of Newquay Zoo
Operation of Living Coasts
Education
Field Conservation and research
5,146,884
1,690,134
108,937
125,960
50,319
5,146,884
1,690,134
108,937
125,960
107,991
57,672
7,122,234
57,672
7,179,906
Page 20

WILD PLANET TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
INCOME FROM OTHER TRADING ACTIVITIES
Income from fundraising events
Unrestrlcted
funds
Period
ended
31 March
2025
Total
funds
Total
Period
funds
ended Year ended
31 March 31 October
2025
2023
Fundraising
Events
2,258
15,436
2,258
15,436
86,714
24,311
17,694
17,694
111,025
Income from non charitsble trading actlvities
Unrestrlcted
funds
Perlod
ended
31 March
2025
Total
funds
Totsl
Perlod
funds
ended Y8ar ended
31 March 31 October
2025
2023
Commercial trading operations
3,812,211
3,812,211
3,903,347
INVESTMENT INCOME
Unrestricted
funds
Perlod
ended
31 March
2025
Total
funds
Totsl
Period
funds
ended Year ended
31 March 31 October
2025
2023
Dividends and inter8St on listed investments
Rental income
Investment income
Interest receivable
79,670
8,490
15,684
4.124
79,670
8,490
15.684
4,124
49,186
5,620
50,455
2.183
107,968
107,968
107,444
Page 21

WILD PLANET TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
OTHER INCOMING RESOURCES
Unrestricted Restricted
funds
funds
Period
Period
ended
ended
31 March
31 March
2025
2025
Total
funds
Perlod
anded
31 March
2025
Other incoming r8sources
102,376
9,700
112,076
Unrestricted
Total
funds
funds
Year ended Y8ar ended
31 October 31 October
2023
2023
Other incoming resources
45,923
45,923
Page 22

WILD PLANET TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
EXPENDITURE ON RAISING FUNDS
FUNDRAISING TRADING EXPENSES
Unrestricted
funds
Period
ended
31 March
2025
Total
funds
Total
Period
funds
ended Year ended
31 March 31 October
2025
2023
Fundraising costs
Wages and salaries {including support costs)
6,232
20,096
6,232
20,096
50
26,328
26,328
50
OTHER TRADING EXPENSES
Unrestrlcted
funds
Perlod
ended
31 March
2025
Total
funds
Total
Perlod
funds
ended Year ended
31 March 31 October
2025
2023
Cost of sales
Administration expenses
Staff costs
1,589,046
15,405
1,369,760
1,589,046
15,405
1,369,760
1,544,902
11,894
1,249,759
2,974,211
2,974,211
2,806,555
Page 23

WILD PLANET TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
10. ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES
Summary by fund type
Unrèstrlcted Restrlcted
funds
funds
Perlod
Perlod
ended
ended
31 March
31 March
2025
2025
Total
Period
ended
31 March
2025
Operation of the Parks
Education
ConseNation
21,487.982
385,802
1.370,396
691,478 22,179,460
385,802
1,383,258
12,862
23,244,180
704,340 23,948,520
Unr8Stricled
Restricted
funds
funds
Total
Year ended Year ended Year ended
31 October 31 October 31 October
2023
2023
2023
Operation of the Parks
Education
Conservation
9,976,063
317,628
917,646
137,424 10,113,487
317,628
939,143
21,497
11,211,337
158,921 11,370,258
11. ANALYSIS OF EXPENDITURE BY ACTIVITIES
Activlties
undertaken
dlrectly
Perlod
ended
31 March
2025
Support
costs
Period
ended
31 March
2025
Total
funds
P8rlod
ended
31 March
2025
Operation of the Parks
Education
Conservation
6,672,940 15,506,520 22,179,460
385.802
385,802
777,700
1,383,258
605,558
7,836,442 16,112,078 23,948,520
Page 24

WILD PLANET TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
11. ANALYSIS OF EXPENDITURE BY ACTIVITIES (CONTINUED)
Activities
undertaken
Support
Total
directly
costs
funds
Year ended Year ended Yèar ended
31 October
31 October
31 October
2023
2023
2023
Operation of the Parks
Education
Conservation
4,956,189
317,628
555.348
5,157,298 10,113,487
317,628
939,143
383,795
5,829,165
5,541,093 11,370,258
ANALYSIS OF SUPPORT COSTS
Operation
of th8 Parks
Period Conservatlon
ended Perlod ended
31 March
31 March
2025
2025
Total
funds
Period
ended
31 March
2025
Staff costs
Impairment of assets
Field conservation and research
Grants and donations
Establishment costs
2,866,556
8,228,028
19,816
718,486
1,384,454
328,888
652,710
452,554
22,487
758,916
13,890
14.171
45.564
2,866,556
8,228,028
19,816
718,486
1,447,039
338,440
654,108
471,030
22,487
1,258,673
27,680
14,171
45,564
62,585
9,552
1,398
18,476
Administration costs
Finance costs
Marketing
Amortisation
Depreciation
Governance costs
Finance lease interest
Maintenance of Living Coasts site
499,757
13,790
15,506,520
605,558 16,112,078
Page 25

WILD PLANET TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
11. ANALYSIS OF EXPENDITURE BY ACTIVITIES (CONTINUED)
ANALYSIS OF SUPPORT COSTS (continued)
Operation of
the Parks
Year ended
31 October
2023
Total
Conservatlon
funds
Year ended Year ended
31 October 31 October
2023
2023
Stsff costs
Field conservation and research
Grants and donations
Establishment costs
Administration costs
Finance costs
Marketing
Amortisation
Depreciation
Governance costs
Maintenance of Living Coasts site
2,045.316
6,956
385,747
868,529
242,619
569,973
417,951
18,234
468,276
11,650
122.047
2,045,316
6,956
385,747
892,787
253,418
570,360
420,539
18,234
805,739
19,950
122,047
24,258
10,799
387
2,588
337,463
8,300
5,157,298
383,795
5,541,093
Support cosls are allocated between raising funds and charitable activities on the basis of numbers of
stsff. and allocated within charitable activities on the basis of visitor numbers.
12. AUDITORS, REMUNERATION
The auditors, remuneration amounts to an auditor fee of £32,800 (2023 - £20,900), and non-audit fees of
of £2,500 (2023- £6,450).
Page 26

WILD PLANET TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
13.
STAFF COSTS
Group
Period
Group
ended Year ended
31 March 31 October
2025
2023
Charlty
Period
Charity
ended Year ended
31 March 31 OGtober
2025
2023
Wages and salaries
Social security costs
Contribution to defined contribution pension
schemes
8,018,619
722,906
8,326.004
506,828
221,993
21,025
102,622
10,000
551,323
410,790
11,446
4,703
9,292,848
7,243,622
254,464
117,325
Included within wages and salaries are staff restructuring costs for the Group amounting to £196,779
12023- £166,812).
The average number of persons employed by the Charity during the period was as follows..
Charfty
Period
Charity
ended Year ended
31 March 31 October
2025
2023
No.
No.
Group
Perlod
Group
ended Year ended
31 March 31 October
2025
2023
No.
Operatlon of parks
189
147
The number of employees whose employee benefits (excluding employer pension Costs) exceeded
£60,000 was:
Group
Period
Group
ended Year ended
31 March 31 October
2025
2023
In the band £60,001- £70,000
In the band £70,001- £80,000
In the band £110,001- £120,000
In the band £160,001- £170,000
All Trustees and the CEOlsenior leadership team are considered to be key management personnel. The
total amount of employee benefits (including employer pension contributions and employer national
insurance contributions) received by key management personnel for the Group was £686,444 for 11
personnel12023'. £385,843 for six personnel).
14. TRUSTEES. REMUNERATION AND EXPENSES
During the period. no Trustees received any remuneration or other benefits (2023 - £NIL).
Page 27

WILD PLANET TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
14. TRUSTEES. REMUNERATION AND EXPENSES (CONTINUED)
During the period ended 31 March 2025, expenses totalling £NIL were reimbLtrsed or paid directly to no
Trustees (2023 - £515 to 3 Trustees).
15. INTANGIBLE ASSETS
GROUP
Intangible
Assets in
Develop-
ment
Computer
softwar8
Total
COST
At 1 November 2023
Disposals
5,754
{5,754)
151,697
157,451
(5,754)
At 31 March 2025
151,697
151,697
AMORTISATION
At 1 November 2023
Charge for the year
Impairment charge
113,867
22,487
12,524
113,867
22,487
12,524
At 31 March 2025
148,878
148,878
NET BOOK VALUE
At 31 March 2025
2,819
2,819
At 31 October 2023
5,754
37,830
43,584
Page 28

a) c4
¢0
- *
C4
g)
tr-
c¥

WILD PLANET TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
16. TANGIBLE FIXED ASSETS (CONTINUED)
CHARITY
Assets
Motor
under
vehicles construction
Freehold
property
Library
Total
COST OR VALUATION
At 1 November 2023
Additions
Disposals
Transfers be￿een class8S
8,202,013
20,410
(680,000)
198,547
16,859
198,547
27,305
8,444,724
20,410
(680,000)
(198,547)
At 31 March 2025
7,740,970
16,859
27,305
7,785,134
DEPRECIATION
At 1 November 2023
Charge for th8 perlod
Impairment charge
438,429
492,732
3,874,809
13,206
3,653
451,635
496,385
3,874,809
At 31 March 2025
4,805,970
16,859
4,822,829
NET BOOK VALUE
At 31 March 2025
2,935,000
27,305
2,962,305
At 31 October 2023
7,763,584
3,653
198,547
27,305
7,993,089
During the period £198,547 of assets had completed construction within the Group, which has led to a
reclassification between Assets under conlruction and Freehold property.
The trustees have assessed the carrwng value of properties held by the group for potential impairment.
A5 a result, an impairment charge of £6,879,568 has been made. This is made up of an impairment
charge of £3,874,809 in the charity and an impairment of £4,340,695 in subsidiary entities.
Page 30

WILD PLANET TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
17. FIXED ASSET INVESTMENTS
Listed
Unlisted
investments Investments
Total
GROUP AND CHARITY
COST OR VALUATION
At 1 November 2023
Additions
Disposals
Revaluations
2,265,450
2,667,913
(3,845,557)
160,015
131,272
2,396,722
2,667,913
(3,845,557)
160,015
AT 31 MARCH 2025
1,247,821
131,272
1,379,093
NET BOOK VALUE
AT 31 MARCH 2025
1.247,821
131,272
1,379,093
AT 31 OCTOBER 2023
2,265,450
131,272
2,396,722
The Charity has a 100°/. holding of its subsidiary South West Environmental Parks Limited (SWEPL)
(company number 00792877, charity numbér 300923) which has been included within these consolidated
accounts. Its registered office is the same as the Charity.
SWEPL had expenditure of £19,197,355 over income of £10,898,304 resulting in a deficit of £8,299,051
for the year. SWEPL'S net liabilities at the year end were E3,063,182.
SWEPL has a 100)A holding of its subsidiary South West Zoo Enterprises Limited ISWZELI {Gompany
number 024943611 which has been included within these consolidated accounts. Its registered office is
the same as the Charity.
SWZEL had expenditure of £3,841,611 over income of £3,812,211 resulting in a defiGit of £25,276 for the
year. SWZEL'S net liabilities at the year end were £25,274.
18. STOCKS
Group
Group
31 March 31 October
2025
2023
Raw materials and consumables
Finished goods and goods for resale
89,315
161,012
82,561
332,373
250,327
414,934
Page 31

WILD PLANET TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
19. DEBTORS
Group
Group
31 March 31 October
2025
2023
Charlty
Charity
31 March 31 October
2025
2023
DUE WITHIN ONE YEAR
Trade debtors
Other debtors
Prepayments and accrued income
Tax recoverable
92,438
194,756
238,975
31,665
28,939
52,480
750,572
88,940
1,500
7,915
10,480
9,059
557,834
920,931
9,415
19,539
20. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Group
Group
31 March 31 October
2025
2023
Charlty
Charity
31 March 31 October
2025
2023
Bank overdrafts
Bank loans
Trade creditors
Other taxation and social securlty
Other creditors
Accruals and deferred income
283,530
954,544
568,767
153,723
67,957
387,794
51,202
622,148
616,719
485,196
90.875
503,757
3,380
5,229
10,184
8,091
116
7,284
11,608
2,416,315
2,369,897
20,217
25,675
Group
Group
31 March 31 October
2025
2023
Deferred income at 1 November 2023
Resources deferred during the period
Amounts released from previous periods
347,601
334,770
245,065
347,601
(347,601) (334,770)
245,065
347,601
Deferred income relates to annual pass admission income relating to future periods.
Page 32

WILD PLANET TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
21. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
Group
Group
31 March 31 October
2025
2023
Bank loans
999,999
During 2020, the Group ente￿d into a loan agreement through the Coronavirus Business Interruption
Loan scheme. Interest is charged at 1.94010 above the base rate. The balance is repayable in monthly
instalments over five and half years.
The loan is secured with an unlimited debenture from South West Environmental Parks Limited, South
West Zoo Enterprises Limited, Living Coasts and Wild Planet Trust., a first legal charge from Wild Planet
Trust over the freehold land and buildings at Totnes Road, Paignton, Devon, TQ4 7EU', an omnibus
guarantee and set off agreement among the Bank, South West Environmentsl Parks Limited, Wild Planet
Trust and Living Coasts., and an all monies guarantee from South West Zoo Enterprises Limited.
Page 33

WILD PLANET TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
22. STATEMENT OF FUNDS
STATEMENT OF FUNDS - CURRENT PERIOD
Balance at 1
November
2023
Balance at
31 March
2025
Transfèrs
inl(out)
Gainsl
(Losse5)
Income Expenditure
UNRESTRICTE
D FUNDS
DESIGNATED
FUNDS
Digital
Transformation
566,689
(566,689)
GENERAL
FUNDS
General Funds
14,112,515 12,997,425 (24,937,931)
566,689
361,909
3,100,607
TOTAL
UNRESTRICT
ED FUNDS
14,679,204 12,997,425 (24,937,931)
361,909
3,100,607
ENDOWMENT
FUNDS
Herbert Whilley
Esq fund
408,293
408,293
Page 34

WILD PLANET TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
22. STATEMENT OF FUNDS (CONTINUED)
Balance at 1
November
2023
Balance at
31 March
2025
Transfers
Inl(out)
Gain$1
(Losses)
Income Expenditure
RESTRICTED
FUNDS
J W Wright Fund
Education
Centre Fund
Energy Saving
Trust Boiler
Fund
Elephants of
Omo Forest
Reserve Fund
Seagrass
Project Fund
M Coote
Orangutans
Crayfish Fund
Vietnam Civets
and Phèasants
Fund
ERDF
Redevelopmen
t Fund
Crocodile
Swamp Fund
Forest Schools
Fund
Other Restricted
Funds
Care and
Conservation
of Large Cats
Sumatran Tigers
NQY Penguins
1,319
(1,319)
3,553
(3,553)
20,410
120,4101
128,932
6,995
(78,541)
57,386
12,762
16,570
(25,497)
3,835
6,121
2,405
4,000
(6,121)
(2,405)
4,000
4,000
(4,0001
703,628
9,700
1657,135)
56,193
650,000
(530,560)
119,440
324
{324)
2,000
2,000
731,849
10,000
44,459
1613,267)
118,582
10,000
22,504
46,041
(67,996)
2,321,762
83,306 {2,011,128)
393,940
TOTAL OF
FUNDS
17,409.259 13,080,731 (26,949,059)
361,909
3,902,840
Page 35

WILD PLANET TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
22. STATEMENT OF FUNDS (CONTINUED)
Endowment funds
Herbert Whitley Esq Fund This endowment consists of properties bequeathed by Herbert Whitley Eqs
and is made up of a main fund reserve (the cost of endowment assets still held, being £25,486),. the
revaluation reserve (the gains on the revaluation of such assets, being £166,174),. and the capital reserv8
(the proceeds of endowed assets now sold, being £216,633).
Restricted funds
J W Wright Fund - This fund was set up in 1994 out of a legacy specifically bequeathed to provide for the
conservation of fish and for fishing. The fund 15 being used to conduct a study into fish health at Slapton
Ley..
Education Centre Fund This repres8nts the monies donat8d for the development of the educational
faciliti8s at Paignton Zoo.
Energy Saving Trust Boiler Fund - This represents funding of a grant received for the energy saving boiler
at the Crocodile Swamp exhibit.
Elephants of Omo Forest Reserve Fund This represents a legacy received towards the conservation of
elephants in Nigeria through habitat protection, monitoring and environmental education.
Seagrass Project Fund This represents a fund recelved towards divers monitorfng six seagrass
meadows
M Coote Orangutans -
Crayfish Fund This represents funding received to assist the conservation of endangered white-clawed
crayfish in Devon's rivers.
Vietnam Civets and Pheasants Fund -
ERDF Redevelopment Fund and Crocodile Swamp Fund This represents funding received for
redevelopment of sites and exhibits at Paignton Zoo.
Forest Schools Funds - This represents funding to support outdoor educational learning.
Care and Conservations of Large Cats This represents legacy income received to assist with the care
and conservation of large cats.
other restricted amounts represent funds received for a specifiG purpose and can only be used under
particular conditions.
Sumantran Tigers This presents legacy income that has been restricted for the conservation of tigers,
specifically focussing on Sumantran Tiger species.
NQY Penguins - This represents legacy income restricted forthe conservation of penguins.
Other restricted amounts represent funds received for a specific purpose and can onnly be used under
particular conditions.
Page 36

WILD PLANET TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
22. STATEMENT OF FUNDS (CONTINUED)
STATEMENT OF FUNDS - PRIOR PERIOD
Balance at
1 November
2022
Balance at
Gainsl 31 October
{Lossesl
2023
Transfers
inlout
Income Expenditure
UNRESTRICTE
D FUNDS
DESIGNATED
FUNDS
Digital
Transformation
566,689
(566,689)
GENERAL
FUNDS
General Funds
16,675,355 11,450,840 (14,017,942)
566,689
4,262 14,679,204
TOTAL
UNRESTRICT
ED FUNDS
17,242,044 11,450,840 (14,017,942)
4,262 14,679,204
ENDOWMENT
FUNDS
Herbert Whitley
Esq fund
408,293
408,293
RESTRICTED
FUNDS
J W Wright Fund
Education
Centre Fund
Energy Saving
Trust Boiler
Fund
Elephants of
Omo Forest
Reserve Fund
Seagrass
Project Fund
M Goote
Orangutans
Crayfish Fund
Vietnam Civets
and Pheasants
Fund
ERDF
Redevelopmen
t Fund
1,319
1,319
3,553
3,553
20,410
20,410
155,657
26,368
(53.093)
128,932
11,958
12,304
(11,500)
12,762
2,739
2,771
4,000
15,000
(618)
(15,366>
6,121
2,405
4,000
4,000
755,746
{52.118)
703,628
Page 37

WILD PLANET TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
22. STATEMENT OF FUNDS (CONTINUED)
STATEMENT OF FUNDS - PRIOR PERIOD (CONTINUED)
Balance at
1 November
2022
Balance at
Gainsl 31 October
(Losses)
2023
Transfers
inlout
Income Expenditure
Crocodile
Swamp Fund
Solar PV Array
Fund
Forest Schools
Fund
Covid-19 Grant
Other Restricted
Funds
650.000
650,000
2,063
{2,063)
324
12,000
324
112,000)
2,000
2.000
Care and
Conservation
of Large Cats
Sumatran Tiger5
NQY Penguins
744,012
(12,1831
731,849
10,000
44.459
10,000
44,459
2,368,552
112,131
1158,9211
2,321,762
TOTAL OF
FUNDS
20,018,889 11,562,971 (14,176,863)
4,262 17,409,259
Page 38

WILD PLANET TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
23. SUMMARY OF FUNDS
SUMMARY OF FUNDS - CURRENT PERIOD
Balance at 1
November
2023
Balance at
31 March
2025
Transfers
Inlout
Galnsl
(Losses)
Income Expendlture
Designated
funds
General funds
Endowment
funds
Restricted funds
566,689
14,112,515 12,997,425 (24,937,931)
(566,689)
566,689
361,909
3,100,607
408,293
2,321,762
408,293
393,940
83,306
(2,011,128)
17,409,259 13,080,731 (26,949,059)
361,909
3,902,840
SUMMARY OF FUNDS - PRIOR PERIOD
Balanc8 at
1 November
2022
Balance at
Gainsl 31 October
(Losses)
2023
Transfers
inlout
Income Expenditure
Designated
funds
General funds
Endowment
funds
Restricted funds
566,689
16,675,355 11,450,840 (14,017,942)
(566,689)
566,689
4,262 14,679,204
408,293
2,368,552
408,293
2,321,762
112,131
(158,921)
20,018,889 11,562,971 114,176,863)
4,262 17,409,259
24. ANALYSIS OF NET ASSETS BETWEEN FUNDS
ANALYSIS OF NET ASSETS BETWEEN FUNDS - CURRENT PERIOD
Unrestricted Restricted Endowment
funds
funds
funds
31 March
31 March
31 March
2025
2025
2025
Total
funds
31 March
2025
Tangible fixed assets
Intangible fixed assets
Fixed asset investments
Current assets
Creditors due within one year
3.453,641
2,819
1,379,093
681,369
{2,416,315)
294,185
191,660
3,939,486
2,819
1,379,093
997,757
(2,416,315)
99,755
216,633
TOTAL
3,100,607
393,940
408,293
3,902,840
Page 39

WILD PLANET TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
24. ANALYSIS OF NET ASSETS BETWEEN FUNDS (CONTINUED)
ANALYSIS OF NET ASSETS BETWEEN FUNDS - PRIOR PERIOD
Unrestrtcted
funds
31 October
2023
Restricted Endowment
funds
funds
31 October
31 Octob8r
2023
2023
Total
funds
31 October
2023
Tangible fixed assets
Intangible fixed assets
Fixed asset investments
Current ass&ts
Creditors due within one year
Creditors due in more than one year
11,388,631
43,584
2,387,626
4,229,259
(2,369,897)
{999,999)
1,394,353
191,660 12,974,644
43,584
2,387,626
5,373,301
12,369,897)
(999,999)
927,409
216,633
TOTAL
14,679,204
2,321,762
408,293 17,409,259
25.
RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING
ACTIVITIES
Group
Period
Group
ended Year ended
31 March 31 October
2025
2023
Net expenditure for the period las per Statement of Financial Activities)
(13,506,419) 12,609,630)
ADJUSTMENTS FOR:
Depreciation and impairment
Amortisation charges
Lossesl{gainsl on investment5
Dividends, interests and rents from investments
Interest receivable
Decreasel(increasel in stocks
Decreasel(increase) in debtors
{Decrease)lincrease in Greditors
Proceeds from the sale of tangible fixed assets
Interest payable
9,483,329
35,011
{108,813)
(103,844)
14,124)
164,607
363,097
(494,795)
(150,463)
120,262
805,739
18,234
93,833
{49,1861
(50,455)
35,464
362,780
349,777
(8,534)
120,727
NET CASH USED IN OPERATING ACTIVITIES
{4,202,152)
(931,251)
Page 40

WILD PLANET TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
26. ANALYSIS OF CASH AND CASH EQUIVALENTS
Group
Group
31 March 31 October
2025
2023
Cash in hand
Notice deposits (less than 3 months)
Cash held as part of inveslment portfolio
139,200
50,396
3,788
430,661
3,521,813
33,760
TOTAL CASH AND CASH EQUIVALENTS
193,384
3,986,234
27. ANALYSIS OF CHANGES IN NET DEBT
At1
November
2023 Cash flows
Other non-
cash At 31 March
changes
2025
Cash at bank and in hand
Bank overdrafts repayable on demand
Debt due within 1 year
Debt due after 1 year
4,037,436 (3,847,840)
{51,202) 1232,328)
1622,148)
1999,999)
189,596
(283,530)
(332,3961 (954,544)
999,999
2,364,087 14,080,168
667,603 (1,048,478)
28. CONTINGENT LIABILITIES
In 2005, South West Environmental Parks Limited entered into a 125 year lease with The Council of the
Borough of Torbay for land at Beacon Quay, Torquay. Until its closure in 2020, this land was occupied by
the Living Coasts Coastal Zoo.
Under the terms of the lease, the Company is obliged to pay only a peppercorn rent, however, is partially
responsible for the repair and maintenance of the sit8, including a sea wall that borders it.
Given the length of the remaining lease. it is likely that at some point significant repairs will be required to
the site, for which the Company is cu￿entlY partially responsible. However, the timing and cost of these
repairs cannot be reliably estimated.
Following the year end, an agreement has been signed with a new tenant for the Living Coasts site.
However, the Company remains a party to the lease, and, therefore, has some ongoing obligations.
Page 41

WILD PLANET TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
29. PENSION COMMITMENTS
The group operates a defined contribution pension scheme. The assets of the scheme are held separately
from those of the group in an independently administered fund. The pension cost charge represents
contributions payable by the group to the fund and amounted to £551,323 12023: £410,790). £64,191
(2023.. £78,334) were payable to the fund at the Balance Sheet date and are included in creditors.
30. OPERATING LEASE COMMITMENTS
At 31 March 2025 the Group and the Charity had commitment5 to make future minimum lease payments
under non-cancellable operating leases as follows..
Group
Group
31 March 31 October
2025
2023
Not later than 1 year
Later than 1 year and not later than 5 years
7,668
16,183
9,912
27,240
23,851
37,152
The following lease payments have been recognised as an expense in the Statement of financial
a¢tlvities'.
Group
Group
31 March 31 October
202S
2023
Operating lease r8ntals
13,282
9,466
31. RELATED PARTY TRANSACTIONS
During the year, the charity made transactions totalling £6,564,962 to South West Environmental Park5
Limited, the Charity's subsidiary, and received transactions lotalling £6,064,702. At the year end there is a
balance of £1,897,821 in debtors relating to these transactions.
During the year, the Charity also made transactions of £850,000 to South West Zoo Enterprises Limited,
the Charitls subsidiary, and received transactions totalling £850,000. At the year end, there is a balance
of £400,000 in debtors relating to these transactions.
During the year, the Charily also incurred Costs of £4,881 and recelved no income on behalf of Living
Coasts, a dormant subsidiary.
The balan￿S relating to the outslanding debtors have been provided for in the accounts.
Page 42

WILD PLANET TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
32. POST BALANCE SHEET EVENTS
Subsequenl to the balance sheet date, the charity has completed the sale of certain properties previously
held as part of its asset portfolio. The proceeds from these sales will be recognised in the next financial
period. There were no indications at year end that would have required adjustment to the carrying value of
these properties as at the balance sheet date.
In addition, after the year end, the charity's subsidiary South West Environmental Parks Limlted completed
the sale of the assets and transfer of operations of two zoological parks. The disposals were finalised
through agreement with the same party aGquiring the properties, and the related income and expenditure
will be reflected in the subsequent financial statements. The charity has assessed the impact of these
disposals and determined that there are no conditions requiring adjustment to the financial statements as
at year end.
Furthermore, subsequent to the year end, the charity agreed to waive intercompany balances owed by
South West Environmentsl Parks Limited. These waivers were formalised after the balance sheet date
and do not affect the financial position reported as at 31 March 2025. At the date of the waiver, South
West Environmental Parks Limited owed Wild Planet Trust £2,297,822 and South West Zoo Enterprises
Limited £1,006,634. The waivers were made to simplify the group structure and support the ongoing
operations of the subsidiaries.
Management has considered the implications of these post balance sheet events and is satisfied that the
charity remains a going concern, with adequate resources to continue its operations for the foreseeable
future. These events do not require adjustment to the financial statements for the period ended 31 March
2025, but are disclosed to provide users of the financial statements with information r81evant to the
charity's financial posltion and future activities.
Page 43