Langland Conservation Ltd - Charities report

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 2025

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

17

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 2025. 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 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 footprint broadened significantly in 2025. Having concentrated our support in 2024 primarily in Africa, Indonesia and India, over the course of 2025 we extended our work across Africa, Asia, Europe and South America, broadening our network of investigative and landscape management partners while deepening our relationships with existing ones. We also expanded our technical toolset, through both paid licences and philanthropic support from leading technology vendors, strengthening the analytical capabilities we bring to partners on the frontline of conservation and counter-trafficking efforts.

We continued to work with landscape management partners in national parks and other protected areas, using data-driven insights to enable faster and more effective decision-making by the communities and managers responsible for them. We also continued to refine our collaborative work with investigative NGOs, large and small, providing technical assistance to their investigations into transnational wildlife trafficking.

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.

While we do not usually publicise the specifics of our work or the identities of our partners, one example from 2025 already sits in the public domain: in Kenya's Nyekweri Forest, Langland applied deep learning to very high-resolution satellite imagery, provided through our partnership with Airbus, to map deforestation and identify hazardous electric fencing threatening the area's giant pangolin population, helping local communities remove fences and restore wildlife corridors. In 2025 we delivered a similar level of impact, which we are unable to disclose fully, in 45 similar projects in 18 countries.

Financial review

Financial position

As shown on the Statement of Financial Activities, income for the year amounted £473,472 and expenditure for the year amounted to £503,817 giving a net decrease in funds of £30,345. At the end of the year, the charity's net assets amounted to £18,065.

Principal funding sources

The principal funding sources of the charity currently comprise grants, service-fees for bespoke investigations and analysis support to protected areas, and donations from individuals. We would like to thank the Wildlife Conservation Network, the Alinea Network, IFAW and the Global Initiative against Transnational Organised Crime (GI-TOC), and our many unnamed partners and supporters across the world.

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. It is the policy of the trustees to keep back free reserves equivalent to 6 months of operating costs. The trustees are confident that this will be achieved and maintained from mid-2026.

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.

Structure, governance and management

Governing document

Langland Conservation Ltd was a not-for-profit Limited Company Organisation Limited by Guarantee. The company changed its legal status on 10 October 2023 when the company changed to be a Incorporated Charitable Company .

Langland Conservation Ltd is an Incorporated Not-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 of Langland Conservation Ltd. New trustees are identified by trustees and their recruitment is based upon the skills and experience that they can bring to Langland Conservation Ltd with the board seeking to provide the charity with a range of skills in governance and management. The day to day running of the organisation is delegated to the CEO, who attends all board meetings of trustees and regularly reports the board and the chair.

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

Faulkner House

31 West Street

Wimborne

Dorset

BH21 1JS

Principal address

8 Brynfield Road

Langland

Swansea

SA3 4SX

Trustees

Ms A J M Colson (resigned 3/1/26)

Mr A V Cooper

Mr S M Rogers

Miss L Freeman

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

Independent Examiner

Kynance Ltd t/as England and Company

Faulkner House

31 West Street

Wimborne

Dorset

BH21 1JS

Bankers

Lloyds

25 Gresham Street

London

EC2V 7HN

Approved by order of the board of trustees on 24 September 2026 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 2025.

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

Faulkner House

31 West Street

Wimborne

Dorset

BH21 1JS

24 September 2026

2025

2024

Unrestricted

Restricted

Total

fund

funds

Notes

£

Income and endowments from

Donations and legacies

2

202,573

-

202,573

47,884

Charitable activities

4

Charitable activities

192,680

78,049

270,729

346,182

Investment income

3

170

-

170

-

Total

395,423

78,049

473,472

394,066

Expenditure on

Charitable activities

5

Charitable activities

296,032

207,785

503,817

458,877

NET INCOME/(EXPENDITURE)

99,391

(129,736

)

(30,345

)

(64,811

)

Transfers between funds

15

(143,524

)

143,524

-

Net movement in funds

(44,133

)

13,788

(30,345

)

(64,811

)

Reconciliation of funds

Total funds brought forward

46,355

2,055

48,410

113,221

Total funds carried forward

2,222

15,843

18,065

48,410

2025

2024

Unrestricted

Restricted

Total

fund

funds

Notes

£

Fixed assets

Tangible assets

11

7,823

-

7,823

4,855

Current assets

Debtors

12

9,158

-

9,158

70,771

Cash at bank

17,590

298,391

315,981

2,055

26,748

298,391

325,139

72,826

Creditors

Amounts falling due within one year

13

(32,347

)

(282,550

)

(314,897

)

(19,455

)

Net current assets

(5,599

)

15,841

10,242

53,371

Total assets less current liabilities

2,224

15,841

18,065

58,226

Creditors

Amounts falling due after more than one year

14

-

(9,816

)

NET ASSETS/(LIABILITIES)

2,224

15,841

18,065

48,410

Funds

15

Unrestricted funds

2,224

46,355

Restricted funds

15,841

2,055

Total funds

18,065

48,410

The charitable 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 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 and delivered in accordance with the special provisions applicable to small charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 24 September 2026 and were signed on its behalf by:

Mr A V Cooper - Trustee

Cash flows from operating activities

Cash generated from operations

1

319,580

(151,633

)

Interest paid

(79

)

-

Net cash provided by/(used in) operating activities

319,501

(151,633

)

Cash flows from investing activities

Purchase of tangible fixed assets

(5,575

)

(2,066

)

Net cash used in investing activities

(5,575

)

(2,066

)

Change in cash and cash equivalents in the reporting

period

313,926

(153,699

)

Cash and cash equivalents at the beginning of the

reporting period

2,055

155,754

Cash and cash equivalents at the end of the

reporting period

315,981

2,055

1.	Reconciliation of net expenditure to net cash flow from operating activities

2025

2024

£

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

(30,345

)

(64,811

)

Adjustments for:

Depreciation charges

2,608

1,618

Interest paid

79

-

Decrease/(increase) in debtors

61,613

(68,896

)

Increase/(decrease) in creditors

285,625

(19,544

)

Net cash provided by/(used in) operations

319,580

(151,633

)

2.	Analysis of changes in net funds

At 1/1/25

Cash flow

At 31/12/25

£

Net cash

Cash at bank

2,055

313,926

315,981

2,055

313,926

315,981

Total

2,055

313,926

315,981

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

2025

2024

£

Donations

202,573

47,884

3.	Investment income

2025

2024

£

Interest income

170

-

4.	Income from charitable activities

2025

2024

Activity

£

Grants

Charitable activities

78,049

173,022

Conservation revenue

Charitable activities

192,680

173,160

270,729

346,182

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

2025

2024

£

Pangolin Crisis Fund and Rhino Recovery Fund

-

173,022

Pangolin Crisis Fund

23,213

-

Rhino Recovery Fund

23,186

-

Lion Recovery Fund

18,840

-

ECO SOLVE

12,810

-

78,049

173,022

5.	Charitable activities costs

Support

Direct

costs (see

Costs

note 6)

Totals

£

Charitable activities

433,421

70,396

503,817

6.	Support costs

Information

Management

Finance

technology

£

Charitable activities

23,293

2,726

31,622

Governance

Other

costs

Totals

£

Charitable activities

3,047

9,708

70,396

7.	Net income/(expenditure)

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

2025

2024

£

Depreciation - owned assets

2,607

1,619

8.	Trustees' remuneration and benefits

There were no trustees' remuneration or other benefits for the year ended 31 December 2025 nor for the year ended 31 December 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2025 nor for the year ended 31 December 2024.

9.	Staff costs

2025

2024

£

Wages and salaries

271,240

234,935

Social security costs

25,132

21,818

Other pension costs

5,537

4,865

301,909

261,618

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

2025

2024

Salaried employees

5

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

2025

2024

£60,001 - £70,000

1

2

£70,001 - £80,000

1

-

2

10.	Comparatives for the statement of financial activities

Unrestricted

Restricted

Total

fund

funds

£

Income and endowments from

Donations and legacies

47,884

-

47,884

Charitable activities

173,160

173,022

346,182

Total

221,044

173,022

394,066

Expenditure on

Charitable activities

293,718

165,159

458,877

NET INCOME/(EXPENDITURE)

(72,674

)

7,863

(64,811

)

Transfers between funds

143,524

(143,524

)

-

Net movement in funds

70,850

(135,661

)

(64,811

)

Reconciliation of funds

Total funds brought forward

(24,495

)

137,716

113,221

Total funds carried forward

46,355

2,055

48,410

11.	Tangible fixed assets

Computer

equipment

£

Cost

At 1 January 2025

9,157

Additions

5,575

At 31 December 2025

14,732

Depreciation

At 1 January 2025

4,302

Charge for year

2,607

At 31 December 2025

6,909

Net book value

At 31 December 2025

7,823

At 31 December 2024

4,855

12.	Debtors: amounts falling due within one year

2025

2024

£

Trade debtors

4,344

66,679

Other debtors

3,581

2,081

Prepayments

1,233

2,011

9,158

70,771

13.	Creditors: amounts falling due within one year

2025

2024

£

Trade creditors

15,979

840

Other creditors

9,288

13,575

Funds to be returned

12,477

-

Accruals and deferred income

277,153

5,040

314,897

19,455

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

2025

2024

£

Other creditors

-

9,816

15.	Movement in funds

Net

Transfers

movement

between

At

At 1/1/25

in funds

funds

31/12/25

£

Unrestricted funds

General fund

46,355

99,393

(143,524

)

2,224

Restricted funds

Wildlife Conservation Network: Pangolin Crisis Fund

2,055

(65,115

)

78,870

15,810

Wildlife Conservation Network: Rhino Recovery

Fund

-

(64,653

)

64,654

1

IFAW: ECO-SOLVE

-

30

-

30

2,055

(129,738

)

143,524

15,841

TOTAL FUNDS

48,410

(30,345

)

-

18,065

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

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

395,423

(296,030

)

99,393

Restricted funds

Wildlife Conservation Network: Pangolin Crisis Fund

23,212

(88,327

)

(65,115

)

Wildlife Conservation Network: Rhino Recovery

Fund

23,186

(87,839

)

(64,653

)

Wildlife Conservation Network: Lion Recovery Fund

18,841

(18,841

)

-

IFAW: ECO-SOLVE

12,810

(12,780

)

30

78,049

(207,787

)

(129,738

)

TOTAL FUNDS

473,472

(503,817

)

(30,345

)

Comparatives for movement in funds

Net

Transfers

movement

between

At

At 1/1/24

in funds

funds

31/12/24

£

Unrestricted fund

(24,495

)

(72,674

)

143,524

46,355

Restricted funds

Wildlife Conservation Network: Pangolin Crisis Fund

137,716

7,863

(143,524

)

2,055

TOTAL FUNDS

113,221

(64,811

)

-

48,410

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

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted fund

221,044

(293,718

)

(72,674

)

Restricted funds

Wildlife Conservation Network: Pangolin Crisis Fund

173,022

(165,159

)

7,863

TOTAL FUNDS

394,066

(458,877

)

(64,811

)

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

Net

Transfers

movement

between

At

At 1/1/24

in funds

funds

31/12/25

£

Unrestricted fund

(24,495

)

26,719

-

2,224

Restricted funds

Wildlife Conservation Network: Pangolin Crisis Fund

137,716

(57,252

)

(64,654

)

15,810

Wildlife Conservation Network: Rhino Recovery

Fund

-

(64,653

)

64,654

1

IFAW: ECO-SOLVE

-

30

-

30

137,716

(121,875

)

-

15,841

TOTAL FUNDS

113,221

(95,156

)

-

18,065

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

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted fund

616,467

(589,748

)

26,719

Restricted funds

Wildlife Conservation Network: Pangolin Crisis Fund

196,234

(253,486

)

(57,252

)

Wildlife Conservation Network: Rhino Recovery

Fund

23,186

(87,839

)

(64,653

)

Wildlife Conservation Network: Lion Recovery Fund

18,841

(18,841

)

-

IFAW: ECO-SOLVE

12,810

(12,780

)

30

251,071

(372,946

)

(121,875

)

TOTAL FUNDS

867,538

(962,694

)

(95,156

)

Transfers between funds

In the year ended 31 December 2024 Langland Conservation Ltd obtained permission from the donor the Wildlife Conservation Network to lawfully release restricted funds for use on unrestricted activities to alleviate a temporary cashflow problem. The amount transferred from restricted funds to unrestricted funds amounted to £143,524. As part of the arrangements agreed with the donor the charity agreed to make good the funds transferred when it has sufficient unrestricted funds to be able to do so, and to utilise those funds on the purpose originally envisaged for them, namely, analytical support, software licenses and data analysts. By 31 December 2025, £143,524 has been transferred from unrestricted funds to the two restricted funds under the Wildlife Conservation Network (PCF & RRF).

16.	Related party disclosures

As at 31 December 2025, Clouds Hill Associates Limited, a company owned and controlled by Matthew David Heaven, owed Langland Conservation Ltd £3,581. Matthew David Heaven is an employee and chief operations officer of Langland Conservation Ltd.

17.	Ultimate controlling party

The company is controlled by the trustees who are the directors of the company, Alicia Jean Macduff Colson (resigned 3 January 2026), Alexander Vaughan Cooper, Lisa Freeman, Simon Milward Rogers and Roger Stringer MBE.