REGISTERED COMPANY NUMBER: 13094700 (England and Wales)

REGISTERED CHARITY NUMBER: 1205136

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

LANGLAND CONSERVATION LTD

Page

Report of the trustees

1

to

3

Independent examiner's report

4

Statement of financial activities

5

Balance sheet

6

to

7

Cash flow statement

8

Notes to the cash flow statement

9

Notes to the financial statements

10

to

16

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, are pleased to present their annual report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Achievements and performance

Charitable activities

Langland Conservation was established in 2021 as a not-for profit company and received charitable status in the UK in 2023. Langland's purpose is the promotion of the efficiency and effectiveness of charities and the effective use of charitable resources for the public benefit in such as parts of the world as the trustees shall determine through the provision of:

- predictive anti-poaching technology.

- other technical analytical capabilities to assist with the investigation of poaching and illegal trafficking activities; and

- providing specialist training to national parks, reserves and wildlife conservancies. designed to promote the care and protection of endangered species, and by extension their natural habitats, where they are at risk from poaching, illegal trafficking, degradation, and illegal activity.

Langland's operational outputs in 2024 were geographically dispersed across Africa, India, and Asia. We have been able to provide decision-makers with insights and actionable intelligence based on holistic analysis, data science, capacity building, conservation science and through providing technical expertise to investigations into illegal wildlife trafficking.

Our support is delivered in a variety of ways: we overlay and analyse dozens of data sets to build understanding of protected areas in. order to support decision making by communities and protected area guardians and managers; we provide training to equip those at the frontline of conservation efforts to better collect, manage and analyse information; and we support investigative organisations with technical capabilities and by building the macro picture of transnational trafficking networks.

Achievements and performance

Langland's objectives are to provide ongoing specialist support to conservation partners working at the frontline of efforts to protect wildlife and wild places. To that end, our support entails access to our partners' sensitive data and to privileged information about ongoing sensitive investigations. We maintain the strictest of data sharing and information management protocols and so do not divulge details of our partners' work publicly. We also recognise that our efforts represent a contribution to the successes of our partners' work. To that end our profile reflects our role - we are in support and remain behind the scenes.

Our work in 2024 included supporting multiple investigations in West & Central and Southern Africa, Indonesia, and India; we provided analysis support to decision makers in protected areas in Brazil, Central African Republic, Democratic Republic of Congo (DRC), Mali, Nigeria, Zimbabwe, South Africa, Kenya, India, and Indonesia; and we built capacity in India, Indonesia, Zimbabwe, Central African Republic an

Financial review

Financial position

As shown on the Statement of Financial Activities, income for the year amounted £394,066 and expenditure for the year amounted to £458,877 giving a net decrease in funds of £64,811. At the end of the year, the charity's net assets amounted to £48,410.

Principal funding sources

The principal funding sources of the charity currently comprise grants, consultancy work and donations. Grants are recognised to match income to expenditure, except for restricted funds that are allocated in the year of receipt.

Reserves policy

The Reserves Policy ensures financial stability and sustainability and supports the charity's mission by maintaining adequate reserves to cover unforeseen expenditures and secure ongoing operations.

Going concern

After reviewing the charity's forecasts and projections, the Board have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. The entity therefore continues to adopt the going concern basis in preparing its financial statements as its Trustees have obtained a commitment for a lender to not withdraw their funds within twelve months of the date of the accounts sign off.

Structure, governance and management

Governing document

Langland Conservation Limited was a non-for-profit Limited Company Organisation Limited by Guarantee. The company changed its legal status on the 10 October 2023 when the company changed to be a Incorporated Charitable Company .

Langland Conservation Limited is an Incorporated Non-for-profit Charitable Company governed by its Constitution. It is a registered charity with the Charity Commission and a Charitable Company Limited by guarantee registered at Companies House

Organisational management

The trustees are the directors and they form the governing body Langland Conservation Limited. New trustees are identified by trustees and their recruitment is based upon the skills and experience that they can bring to Langland Conservation Limited with the board seeking to provide the charity with a range of skills in governance and management.

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. Risks are identified, assessed and controls established throughout the year. A formal review of the charity's risk management process is undertaken on an annual basis and the key controls include:

- comprehensive strategic planning, budgeting and management accounting

- established organisational structure and lines of reporting

- formal written policies

- clear authorities and approval levels

- full risk assessment for all events and activities

Through the risk management processes, the trustees are satisfied that the major risks identified have been adequately managed where necessary. It is recognised that systems can only provide reasonable but not absolute assurance that major risks have been adequately managed.

Reference and administrative details

Registered Company number

13094700 (England and Wales)

Registered Charity number

1205136

Registered office

7 & 8 Church Street

Wimborne

Dorset

BH21 1JH

Principal address

8 Brynfield Road

Langland

Swansea

SA3 4SX

Trustees

Ms A J M Colson

Mr A V Cooper

Mr C N M James (resigned 19/12/24)

Mr S M Rogers (appointed 18/12/24)

Miss L Freeman (appointed 18/12/24)

Mr R Stringer MBE (appointed 10/4/25)

Independent Examiner

Kynance Ltd t/as England and Company

7 & 8 Church Street

Wimborne

Dorset

BH21 1JH

Bankers

Lloyds

25 Gresham Street

London

EC2V 7HN

Trustees' responsibility statement

The trustees (who are also the directors of Langland Conservation Ltd for the purposes of company law) are responsible for preparing the Report of the trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

-	select suitable accounting policies and then apply them consistently;

-	observe the methods and principles in the Charity SORP;

-	make judgements and estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the board of trustees on 29 September 2025 and signed on its behalf by:

Mr A V Cooper - Trustee

Independent examiner's report to the trustees of Langland Conservation Ltd ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2024.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1.	accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2.	the accounts do not accord with those records; or

3.	the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4.

the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Mrs C Lawes FCCA

Kynance Ltd t/as England and Company

7 & 8 Church Street

Wimborne

Dorset

BH21 1JH

29 September 2025

2024

2023

Unrestricted

Restricted

Total

Total

fund

fund

funds

funds

Notes

£

£

£

£

Income and endowments from

Donations and legacies

2

47,884

-

47,884

53,666

Charitable activities

3

Charitable activities

173,160

173,022

346,182

479,680

Total

221,044

173,022

394,066

533,346

Expenditure on

Charitable activities

4

Charitable activities

293,718

165,159

458,877

361,663

NET INCOME/(EXPENDITURE)

(72,674

)

7,863

(64,811

)

171,683

Transfers between funds

14

143,524

(143,524

)

-

-

Net movement in funds

70,850

(135,661

)

(64,811

)

171,683

Reconciliation of funds

Total funds brought forward

(24,495

)

137,716

113,221

(58,462

)

Total funds carried forward

46,355

2,055

48,410

113,221

2024

2023

Unrestricted

Restricted

Total

Total

fund

fund

funds

funds

Notes

£

£

£

£

Fixed assets

Tangible assets

10

4,855

-

4,855

4,408

Current assets

Debtors

11

70,771

-

70,771

1,875

Cash at bank

-

2,055

2,055

155,754

70,771

2,055

72,826

157,629

Creditors

Amounts falling due within one year

12

(19,455

)

-

(19,455

)

(12,671

)

Net current assets

51,316

2,055

53,371

144,958

Total assets less current liabilities

56,171

2,055

58,226

149,366

Creditors

Amounts falling due after more than one year

13

(9,816

)

-

(9,816

)

(36,145

)

NET ASSETS

46,355

2,055

48,410

113,221

Funds

14

Unrestricted funds

46,355

(24,495

)

Restricted funds

2,055

137,716

Total funds

48,410

113,221

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that 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 charitable 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 charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 29 September 2025 and were signed on its behalf by:

Mr A V Cooper - Trustee

Cash flows from operating activities

Cash generated from operations

1

(151,633

)

67,986

Interest paid

-

(7

)

Net cash (used in)/provided by operating activities

(151,633

)

67,979

Cash flows from investing activities

Purchase of tangible fixed assets

(2,066

)

(2,647

)

Net cash used in investing activities

(2,066

)

(2,647

)

Change in cash and cash equivalents in the reporting period

(153,699

)

65,332

Cash and cash equivalents at the beginning of the reporting period

155,754

90,422

Cash and cash equivalents at the end of the reporting period

2,055

155,754

1.	Reconciliation of net (expenditure)/income to net cash flow from operating activities

2024

2023

£

£

Net (expenditure)/income for the reporting period (as per the Statement of financial activities)

(64,811

)

171,683

Adjustments for:

Depreciation charges

1,618

1,469

Interest paid

-

7

(Increase)/decrease in debtors

(68,895

)

7,007

Decrease in creditors

(19,545

)

(112,180

)

Net cash (used in)/provided by operations

(151,633

)

67,986

2.	Analysis of changes in net funds

At 1/1/24

Cash flow

At 31/12/24

£

£

£

Net cash

Cash at bank

155,754

(153,699

)

2,055

155,754

(153,699

)

2,055

Total

155,754

(153,699

)

2,055

1.	Accounting policies

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, 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 with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on reducing balance

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Financial instruments

Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

2.	Donations and legacies

2024

2023

£

£

Donations

47,884

53,666

3.	Income from charitable activities

2024

2023

Activity

£

£

Grants

Charitable activities

173,022

373,284

Conservation revenue

Charitable activities

173,160

106,396

346,182

479,680

Grants received, included in the above, are as follows:

2024

2023

£

£

Pangolin Crisis Fund and Rhino Recovery Fund

173,022

312,719

The Britton Family Foundation

-

50,565

Founders Pledge

-

10,000

173,022

373,284

4.	Charitable activities costs

Support

Direct

costs (see

Costs

note 5)

Totals

£

£

£

Charitable activities

411,460

47,417

458,877

5.	Support costs

Information

Management

Finance

technology

£

£

£

Charitable activities

24,440

1,573

8,018

Governance

Other

costs

Totals

£

£

£

Charitable activities

4,090

9,296

47,417

6.	Net income/(expenditure)

Net income/(expenditure) is stated after charging/(crediting):

2024

2023

£

£

Depreciation - owned assets

1,619

1,469

7.	Trustees' remuneration and benefits

There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023.

Ms A J M Colson (trustee) incurred travel expenses during the year totalling to £312.

8.	Staff costs

2024

2023

£

£

Wages and salaries

234,935

182,784

Social security costs

21,818

17,428

Other pension costs

4,865

3,886

261,618

204,098

The average monthly number of employees during the year was as follows:

2024

2023

Salaried employees

5

5

The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:

2024

2023

£60,001 - £70,000

2

1

9.	Comparatives for the statement of financial activities

Unrestricted

Restricted

Total

fund

fund

funds

£

£

£

Income and endowments from

Donations and legacies

53,666

-

53,666

Charitable activities

Charitable activities

296,059

183,621

479,680

Total

349,725

183,621

533,346

Expenditure on

Charitable activities

Charitable activities

315,758

45,905

361,663

NET INCOME

33,967

137,716

171,683

Reconciliation of funds

Total funds brought forward

(58,462

)

-

(58,462

)

Total funds carried forward

(24,495

)

137,716

113,221

10.	Tangible fixed assets

Computer

equipment

£

Cost

At 1 January 2024

7,091

Additions

2,066

At 31 December 2024

9,157

Depreciation

At 1 January 2024

2,683

Charge for year

1,619

At 31 December 2024

4,302

Net book value

At 31 December 2024

4,855

At 31 December 2023

4,408

11.	Debtors: amounts falling due within one year

2024

2023

£

£

Trade debtors

66,679

-

Other debtors

2,081

-

VAT

-

1,146

Prepayments

2,011

729

70,771

1,875

12.	Creditors: amounts falling due within one year

2024

2023

£

£

Trade creditors

840

-

Other creditors

13,575

8,943

Accruals and deferred income

5,040

3,728

19,455

12,671

13.	Creditors: amounts falling due after more than one year

2024

2023

£

£

Other creditors

9,816

36,145

14.	Movement in funds

Net

Transfers

movement

between

At

At 1/1/24

in funds

funds

31/12/24

£

£

£

£

Unrestricted funds

General fund

(24,495

)

(72,674

)

143,524

46,355

Restricted funds

Wildlife Conservation Network

137,716

7,863

(143,524

)

2,055

TOTAL FUNDS

113,221

(64,811

)

-

48,410

Net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

221,044

(293,718

)

(72,674

)

Restricted funds

Wildlife Conservation Network

173,022

(165,159

)

7,863

TOTAL FUNDS

394,066

(458,877

)

(64,811

)

Comparatives for movement in funds

Net

movement

At

At 1/1/23

in funds

31/12/23

£

£

£

Unrestricted funds

General fund

(58,462

)

33,967

(24,495

)

Restricted funds

Wildlife Conservation Network

-

137,716

137,716

TOTAL FUNDS

(58,462

)

171,683

113,221

Comparative net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

349,725

(315,758

)

33,967

Restricted funds

Wildlife Conservation Network

183,621

(45,905

)

137,716

TOTAL FUNDS

533,346

(361,663

)

171,683

A current year 12 months and prior year 12 months combined position is as follows:

Net

Transfers

movement

between

At

At 1/1/23

in funds

funds

31/12/24

£

£

£

£

Unrestricted funds

General fund

(58,462

)

(38,707

)

143,524

46,355

Restricted funds

Wildlife Conservation Network

-

145,579

(143,524

)

2,055

TOTAL FUNDS

(58,462

)

106,872

-

48,410