Naturewatch Foundation

	Page
Trustees' Report	1—2
Independent Examiner's Report	3
Statement of Financial Activities (including Income and Expenditure Account)	4
Balance Sheet	5
Notes to the Financial Statements	6—9

The trustees present their report and the financial statements for the year ended 31 December 2025.

Objectives and Activities

Aims and Objectives

Nature of the Governing Document and constitution of the charity

The charity is constituted as a company limited by guarantee and is, therefore, governed by the memorandum and articles of association dated 10 June 1996.

The methods adopted for the recruitment and appointment of new trustees

The charity is always open to new trustees who are sympathetic to the aims of the charity and have appropirate skills and experience. New trustees are appointed by the existing board of trustees.

Financial Review

The Statement of Financial Activities show net outgoing resources for the year of a revenue nature of (£279,936) (prior year £137,209).

The total reserves, all free unrestricted liquid reserves, at the year end stand at £1,080,062 (prior year £1,359,998)

Public Benefit

The charity provides public benefit by campaigning for the welfare of animals both in the UK and abroad.

The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.

Reference and Administrative Details

Trustees

Brian Gibb

Simon Davies

Peter Mitchener (appointed 21/01/2026)

Heather Eggleton (appointed 24/07/2026)

Charity Number

1039679

Company Number

02944372

Registered Office

49 Rodney Road

Cheltenham

Gloucestershire

GL50 1HX

Independent Examiner

Emma Conway FCCA FMAAT

SkyBridge Accounting Limited

Chartered Certified Accountants

Office 4 Sunningend Business Centre
22 Lansdown Industrial Estate
Cheltenham
Gloucestershire
GL51 8PL

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Naturewatch Foundation

Trustees' Report (continued)

For The Year Ended 31 December 2025

Small Company Rules

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The trustees' report was approved by the board of trustees and signed on its behalf by:

Brian Gibb

Trustee

18 September 2026

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Naturewatch Foundation

Independent Examiner's Report to the Trustees of Naturewatch Foundation

For The Year Ended 31 December 2025

Independent Examiner's Report to the Trustees of Naturewatch Foundation

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2025.

Responsibilities and Basis of Report

As the charity 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 the Company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I 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:

accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
the accounts do not accord with those records; or
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
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.

Emma Conway FCCA FMAAT

18 September 2026

SkyBridge Accounting Limited

Chartered Certified Accountants

Office 4 Sunningend Business Centre
22 Lansdown Industrial Estate
Cheltenham
Gloucestershire
GL51 8PL

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Naturewatch Foundation

Statement of Financial Activities (including Income and Expenditure Account)

For The Year Ended 31 December 2025

Statement of Financial Activities (including Income and Expenditure Account)

		2025	2024
		Unrestricted funds	Unrestricted funds
	Notes	£	£
INCOME AND ENDOWMENTS FROM:
Donations and legacies	3	387,725	719,082
Investments	4	1,066	1,078

		388,791	720,160

EXPENDITURE ON:
Raising funds	5	(668,727 )	(582,951 )

NET (EXPENDITURE)/INCOME		(279,936 )	137,209


NET MOVEMENT IN FUNDS		(279,936 )	137,209
RECONCILIATION OF FUNDS:
Total funds brought forward		1,359,998	1,222,789

TOTAL FUNDS CARRIED FORWARD	14	1,080,062	1,359,998

The notes on pages 6 to 9 form part of these financial statements.

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Naturewatch Foundation

Balance Sheet

As At 31 December 2025

Balance Sheet

		2025	2024
		Unrestricted funds	Total funds
	Notes	£	£
FIXED ASSETS
Investments	11	400,000	400,000

		400,000	400,000
CURRENT ASSETS
Cash at bank and in hand		687,752	960,729

		687,752	960,729
Creditors: Amounts Falling Due Within One Year	12	(7,690 )	(731 )

NET CURRENT ASSETS (LIABILITIES)		680,062	959,998

TOTAL ASSETS LESS CURRENT LIABILITIES		1,080,062	1,359,998

NET ASSETS		1,080,062	1,359,998

FUNDS OF THE CHARITY
Unrestricted Funds		1,080,062	1,359,998

TOTAL FUNDS	14	1,080,062	1,359,998

For the year ending 31 December 2025 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

On behalf of the board

Brian Gibb

Trustee

18 September 2026

The notes on pages 6 to 9 form part of these financial statements.

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Naturewatch Foundation

Notes to the Financial Statements

For The Year Ended 31 December 2025

Notes to the Financial Statements

1. General Information

Naturewatch Foundation is a company limited by guarantee, incorporated in England & Wales, registered number 02944372 and registered charity number 1039679 . The registered office is 49 Rodney Road, Cheltenham, Gloucestershire, GL50 1HX.

2. 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 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 charitable company is a Public Benefit Entity as defined by FRS 102.

2.2. Incoming Resources

Income resources and resulting net movement in funds each year arise from continuing operations. Incoming resources are accounted for on a receivable basis

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

25% Straight Line

2.4. Investments

2.5. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

3. Income from Donations and Legacies

	2025	2024
	Unrestricted	Unrestricted
	funds	funds
	£	£
Donations and gifts	387,725	719,082

4. Investment Income

	2025	2024
	Unrestricted	Unrestricted
	funds	funds
	£	£
Bank interest receivable	1,066	1,078

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Naturewatch Foundation

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

5. Analysis of Expenditure

			2025
	Activities undertaken directly	Support costs (see note 6 )	Total
	£	£	£
Raising funds	150,050	518,677	668,727

			2024
	Activities undertaken directly	Support costs (see note 6 )	Total
	£	£	£
Raising funds	127,482	455,469	582,951

6. Support Costs

	2025	2024
	Raising funds	Raising funds
	£	£
Employee costs	449,404	376,843
Premises expenses	11,301	10,480
General administration	57,972	68,146

	518,677	455,469

7. Staff Costs

Staff costs were as follows:

	2025	2024
	£	£
Wages and salaries	389,545	324,974
Social security costs	35,500	26,357
Other pension costs	10,380	9,332

	435,425	360,663

No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.

8. Average Number of Employees

Average number of employees during the year was: 13 (2024: 11)

9. Trustees Annual Review

file:///C:/Users/HeidiMiller/OneDrive - AliveIT/Documents - Skybridge Accounting/SkyBridge Clients/Naturewatch Foundation/Accounts/2025/Naturewatch Foundation Annual Review 2025 website compressed.pdf

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Naturewatch Foundation

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

10. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 January 2025	5,816

As at 31 December 2025	5,816

Depreciation
As at 1 January 2025	5,816

As at 31 December 2025	5,816

Net Book Value
As at 31 December 2025	-

As at 1 January 2025	-

11. Investments

	Listed
	£
Cost or Valuation
As at 1 January 2025	400,000

As at 31 December 2025	400,000

Provision
As at 1 January 2025	-

As at 31 December 2025	-

Net Book Value
As at 31 December 2025	400,000

As at 1 January 2025	400,000

12. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	1,330	731
Taxation and social security	6,360	-

	7,690	731

13. Pension Commitments

The charitable company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charitable company in an independently administered fund.

During the year the charge to the statement of financial activities in respect of defined contribution schemes was £10,380 (2024: £9,332).

At the balance sheet date contributions of £1,955 (2024: £0) were due to the fund and are included in creditors.

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Naturewatch Foundation

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

14. Movement in Funds

	As at 1 January 2025	Income	Expenditure	As at 31 December 2025
	£	£	£	£
Unrestricted funds
General:
General unrestricted fund	1,359,998	388,791	(668,727 )	1,080,062


Total funds	1,359,998	388,791	(668,727 )	1,080,062

	As at 1 January 2024	Income	Expenditure	As at 31 December 2024
	£	£	£	£
Unrestricted funds
General:
General unrestricted fund	1,222,789	720,160	(582,951 )	1,359,998


Total funds	1,222,789	720,160	(582,951 )	1,359,998

15. Transactions with Trustees

None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year.

No trustee expenses have been incurred.

16. Related Party Disclosures

During the year, £5,040 (2024 - £5,040) was paid to Run Your Business Online Limited for bookkeeping and payroll services on normal commercial terms. Ian Gibb, the son of Brian Gibb (Trustee), is a Director and majority shareholder of the business.

17. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

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