THE U.K. WOLF CONSERVATION TRUST - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03686061

Report of the Directors and

Financial Statements for the Year Ended 31 December 2018

for

THE U.K. WOLF CONSERVATION TRUST

Page

Company Information

1

The Trust's Activities

2

Report of the Directors

5

Balance Sheet

6

Notes to the Financial Statements

7

DIRECTORS:

C.A. HICKS

N.S.D. BULMER

MRS T.M. PALMER

MRS S.G. HULL

REGISTERED OFFICE:

BUTLERS FARM

BEENHAM

READING

BERKS

RG7 5NT

REGISTERED NUMBER:

03686061

ACCOUNTANTS:

NICHOLAS JENNER & CO

P.O. Box 4001

Pangbourne

Reading

Berkshire

RG8 7FN

SOLICITORS:

Wedlake Bell LLP

71 Queen Victoria Street

London

EC4V 4AY

The most important news during 2018 was that, after a great deal of thought and with much sadness, we

decided not to renew our zoo licence in September 2018, so we reverted to holding a dangerous Wild

Animals Act licence. Consequently the Trust closed its doors to Wednesday visitors and all public events with

the wolves at the end of August 2018.

In 2017 we had had almost 12,000 visitors and we really struggled to cope with this number with our limited

facilities on site, two toilets and especially during the wet winter and spring months when we were unable to

use the field for car parking.

Several of the wolves are reaching the twilight years of their lives and our youngest wolves, the Beenham

pack, are now rising 8 years old and are no longer enjoying members walks, so on welfare grounds it was

decided to put them all into retirement. The wolves will remain here in their enclosures at Beenham with

sufficient funds saved over the years to care for them. Volunteers who know them well will continue to care,

walk and socialise with them. I, together with my children, Lara and Johnny as fellow directors will ultimately

share the responsibility for their welfare.

As I mentioned earlier I took the decision to close the Trust to the Public with a heavy heart. Since 1995 we

have had around 200,000 visitors to Beenham, and in the early days, by taking the wolves to a number of

large country shows, we probably introduced the wolves to at least another 200,000. We are very proud of

what the Trust has achieved, from breeding the first European Wolves in the UK for over 350 years, importing

the first Arctic wolves to the UK, educating people worldwide, to supporting and donating over £355,000 to

vital conservation projects across the globe.

The perception of the wolf has changed immeasurably since Roger obtained his first wolf cub "My Lady" in

the early 1970s. After the Berne Convention on the Conservation of European Wildlife and Natural Habitats

came into force in 1982, the wolf is now a protected species in Europe and their numbers are steadily

increasing. The wolf is defying our prejudice and living increasingly successfully alongside us. Wolves only

returned to Germany at the start of the century but now there are 60 packs totalling between 150 and 160

adult wolves. Last winter Denmark welcomed its first pack for more than two centuries. Wolves have been

sighted in the Netherlands, Northern France and even Luxembourg. A wolf recently returned to Belgium, the

last continental European country without wild wolves.

During 2018 we were able to donate £25,000 to conservation projects around the world.

The donations were as follows

£5,000 - Israel, Wolf Population Study, Matnas Arava and the Dead Sea

£3,000 - University of California Davis, Research on the wolf population of Pakistan

£5,000 - The Ethiopian Wolf Project, Claudio Sillerio and Born Free Foundation, Oxford University

£2,000 - USA, The Red Wolf Coalition, Cornelia Hutt

£5,000 - Croatia, Zagreb Veterinary Institute and Josip Kusak, Indigenous Wolf Research Programme

£3,000 - Russia and Finland, The Christy Les Biological Station, Vladimir Bologov

£2,000 - Bulgaria, Balkani Wildlife Society

Also, following Torak's escape in February, we decided to give the Thames Valley Police Cadets a donation

of £5,000 in recognition of the wonderful support from the police in helping return Torak safely to the Wolf

Conservation Trust.

Total donations for the year were therefore £30,000

Number of Visitors for 2018

Memberships

Walking Memberships, New - 3

Walking Memberships, Renewals - 41

Junior Memberships, New - 8

Junior Memberships, Renewals - 4

Adoptions, New - 143

Adoptions, Renewals - 132

Magazine Subscriptions - 34

Wednesday Open Day Visitors

Adults - 4,372

Children - 2,860

Event Attendees

Wolf Walks - 773

Howl Nights - 494

Wolf Viewing and Bat Walks - 205

Educational Visits, Schools and Youth Organisations - 347

Photography Days - 66

Children's Special Events - 136

Wolf Discovery Days - 133

Guest Speaker Events - 95

Grey Wolves Special Event - 80

Total Number of Visitors - 9,562

Visiting Organisations

Schools

Alderbridge School

Beech Lodge School

Curridge Primary School

Hagbourne C of E Primary School

The Home School Group

Leamore Primary School

New Christchurch CE Primary School

The Priory School, Lewes

Theale Green School

Whitewater C of E Primary School

Colleges

Berkshire College of Agriculture

Cornwall College

HAS University of Applied Science

Cubs and Brownies

2nd Hungerford Guides

2nd Thatcham Scout Group

Other Groups

Natures Photos - Bob Brind-Surch

Windfall Films

Worcester Camera Club

None of these could be hosted or run without our wolf keeper Mike Collins assisted by Pat Melton, Wendy

Brooker and our team of expert and knowledgeable volunteers who continue to give so much of their spare

time to help talk to visitors and obviously walk the wolves.

The office was run by Lynn Kent assisted by Fran Macilroy, Lesley Emmett and Stephen Walker. Wolf Print

has again produced some inspiring wolf conservation reports from around the world, as well as news on our

own wolves who all continue to thrive. My thanks to Juliana Bohanna and Fran Macilroy for all their expertise

and others who ably write the interesting articles.

I am pleased to say that following closure the permanent staff have all successfully secured employment

elsewhere; Mike Collins has become an Elephant Keeper at Whipsnade Zoo whilst Fran and Lynn have

secured employment locally.

The UKWCT welcomed around 60 work experience students throughout the year who observe the wolves'

behaviour, engage with visitors on Wednesdays and event days and help manage the site.

Thus in 2018 the UKWCT fulfilled its four main aims:

" To increase public awareness and knowledge of wild wolves and their place in the ecosystem.

" To provide opportunities for ethological and other research that may improve the lives of wolves both in

captivity and the wild.

" To provide wolf-related education programmes for young people and adults.

" To raise money to help fund wolf-related conservation projects around the world.

I would like to take this opportunity to thank all of the staff, volunteers, members and visitors who have

supported the Trust over the years and made it such as success.

We will continue to post updates on the wolves on our website and the two webcams will allow people to see

what the wolves in the relevant enclosures are up to.

The Trust is still receiving donations and legacies which are going towards the upkeep of our 10 wolves and

where specified, still donated to overseas projects.

Tsa Palmer

The directors present their report with the financial statements of the company for the year ended 31 December 2018.

DIRECTORS

MRS T.M. PALMER has held office during the whole of the period from 1 January 2018 to the date of this report.

J.C.D. PALMER and L.J.D. PALMER were appointed as directors after 31st December 2018 but prior to the

date of this report.

C.A. HICKS, N.S.D. BULMER and Mrs S.G. HULL ceased to be directors after 31st December 2018 but prior

to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006

relating to small companies.

ON BEHALF OF THE BOARD:

MRS T.M. PALMER - Director

31 July 2019

FIXED ASSETS

Tangible assets

4

60,898

69,247

CURRENT ASSETS

Stocks

-

12,214

Debtors

5

8,434

13,251

Cash at bank and in hand

338,431

343,839

346,865

369,304

CREDITORS

Amounts falling due within one year

6

5,508

22,771

NET CURRENT ASSETS

341,357

346,533

TOTAL ASSETS LESS CURRENT LIABILITIES

402,255

415,780

RESERVES

Sinking Fund

150,000

150,000

Income and expenditure account

252,255

265,780

402,255

415,780

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 31 July 2019 and were signed on its behalf by:

MRS T.M. PALMER - Director

1.	STATUTORY INFORMATION

THE UK WOLF CONSERVATION TRUST is a private "not for profit" company limited by guarantee

without a share capital registered in England & Wales that is forbidden by its Memorandum & Articles

of Association from paying a dividend.The company's registered number and registered office address

can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for

impairment. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the

cost or valuation, less estimated residual value, of each asset over its expected useful life, as follows:-

Buildings 14.% on net book value at 31st December 2017 and

on subsequent additions at cost

Plant & machinery etc 25% on reducing balance

Transport costs etc

re. Arctic wolves 10% on cost

Banners 33 1/3% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2017 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2018

240,844

127,944

368,788

Additions

2,038

2,423

4,461

At 31 December 2018

242,882

130,367

373,249

DEPRECIATION

At 1 January 2018

186,724

112,817

299,541

Charge for year

8,022

4,788

12,810

At 31 December 2018

194,746

117,605

312,351

NET BOOK VALUE

At 31 December 2018

48,136

12,762

60,898

At 31 December 2017

54,120

15,127

69,247

Costs falling under the heading Land and Buildings relate to the capital cost of making alterations and

improvements to the buildings and facilities occupied by the Trust.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

1,677

1,547

Other debtors

6,757

11,704

8,434

13,251

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

756

7,866

Taxation and social security

1,252

7,905

Other creditors

3,500

7,000

5,508

22,771

7.	CONTINGENT LIABILITIES

The directors consider that the terms of the licence under which the Trust occupies its premises

contain an implied obligation to return the property to its original condition at the expiry of the licence

exercisable at the option of the Palmer Family Trust, and that this creates a contingent liability that may

arise in approximately seven years' time that is not likely to exceed £90000.

8.	RELATED PARTY DISCLOSURES

The Trust occupies its premises rent free pursuant to a Licence Agreement with one of its

directors,Teresa Palmer, as a trustee of a Palmer Family Trust.