The U.k. Wolf Conservation Trust - Accounts to registrar (filleted)

REGISTERED NUMBER: 03686061 (England and Wales)

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

THE U.K. WOLF CONSERVATION TRUST

Page

Company Information

1

Report of the Directors

2

Balance Sheet

3

Notes to the Financial Statements

4

DIRECTORS:

T M Palmer

L J D Palmer

J C D Palmer

REGISTERED OFFICE:

Uk Wolf Centre

Butlers Farm Beenham

Reading

Berks

RG7 5NT

REGISTERED NUMBER:

03686061 (England and Wales)

ACCOUNTANTS:

C B Heslop & Company Limited

Chartered Accountants

1 High Street

Thatcham

Berks

RG19 3JG

The directors present their report with the financial statements of the company for the year ended 31 December 2025.

We were again able to donate £15,000 to wolf projects during 2025 .

We gave £7,500 to Josip for his research and conservation work in Croatia bringing the total given to him over the years to £96,921. He writes in his report that these funds continued to help with fieldwork for the wolf study in Croatia and the large carnivore study conducted in Turkiye, both of which occupied most fieldwork days. The fieldwork required an exceptional amount of driving due to the low density of wolves. He was, due to our financial help involve two students in assessing photos from camera traps only and one Msc student from the University of Zurich. Overall the funding from the UKWCT was essential for the continuity of the wolf research, extending the work of other projects and serving as the sole source for future investment through the training of visiting students and two researchers. During the reporting period the participation of three students and two researchers was made possible by UKWCT funding. Furthermore, the increasing prices of fuel, food and other living costs would have made the wolf studies impossible to the extent required for credible outcomes without support from the UKWCT. It is clear how much he values our help financially.

We also gave £7,500 to the Ethiopian wolf project bringing the total we have donated to them over the years to £117,100. Claudio Sillero writes again that the funds are used in continuing capturing and vaccinating the beautiful wolves against the ever - present threat of disease. They are continuing to monitor the peripheral packs of wolves in the Senetti area which has been very valuable information as to the overall state of the wolf population. Our funds help provide camera traps which are a valuable tool for conservation, in that the field workers can monitor wolf movements and new born litters, preventing threats such as stray dogs from disturbing them. Overall the project is in a good place which is wonderful to know.

On the domestic front we sadly had to say goodbye to Nuka a very special charismatic wolf of 14 years of age. He was born at the Trust together with his sisters Tala and Tundra in 2011. He had had difficultly swallowing for a few weeks and despite antibiotic treatments did not improve, eventually eating very little. He was put to sleep on 30th June and on examination was found to have mouth cancer. We now only have four wolves left Tala, Tundra, Sikko and Pukak. They continue to be looked after exceptionally well by my local volunteers who have known them since they were very young. I am indebted them especially the very regular weekday ones Pat Melton, Wendy Booker and Nikki Davies.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 January 2025 to the date of this report.

T M Palmer

L J D Palmer

J C D Palmer

DONATIONS

All donations paid during the year were of a charitable nature.

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:

T M Palmer - Director

20 July 2026

FIXED ASSETS

Tangible assets

4

2,858

3,819

CURRENT ASSETS

Debtors

5

5,695

7,112

Cash at bank and in hand

156,079

194,308

161,774

201,420

CREDITORS

Amounts falling due within one year

6

7,557

9,422

NET CURRENT ASSETS

154,217

191,998

TOTAL ASSETS LESS CURRENT
LIABILITIES

157,075

195,817

RESERVES

Other reserves

150,000

Income and expenditure account

7,075

45,817

157,075

195,817

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 applicable to companies subject to the small companies regime.

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 and authorised for issue on 20 July 2026 and were signed on its behalf by:

T M Palmer - Director

1.	STATUTORY INFORMATION

The U.k. 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.

Tangible fixed assets

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

Freehold property

-

14% on cost

Plant and machinery

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

Freehold

to

Plant and

and

property

machinery

fittings

Totals

£

COST

At 1 January 2025

and 31 December 2025

243,145

10,124

114,092

595

367,956

DEPRECIATION

At 1 January 2025

243,137

10,124

110,281

595

364,137

Charge for year

8

-

953

-

961

At 31 December 2025

243,145

10,124

111,234

595

365,098

NET BOOK VALUE

At 31 December 2025

-

2,858

-

2,858

At 31 December 2024

8

-

3,811

-

3,819

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

31.12.25

31.12.24

£

Trade debtors

317

414

Other debtors

5,378

6,698

5,695

7,112

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade creditors

1,879

2,704

Taxation and social security

2,927

3,733

Other creditors

2,751

2,985

7,557

9,422

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 three years' time that is not likely to exceed £90,000.

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.