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Annual Review2013/14

www.butterfly-conservation.orgButterfly Conservation is a company limited by guarantee, registered in England (02206468) Charity registered in England and Wales (254937) and in Scotland (SCO39268)

Thank youWe are extremely grateful to those individuals and organisations who have so generously supported the charity in 2013/14. On behalf of everyone at Butterfly Conservation we would like to thank the following for their support:

Aberdeen Theatre GroupADASAmbleside & District University of the Third AgeArnside & Silverdale AONB PartnershipArqiva LimitedAustrey Gardening SocietyBarclays Community ProgrammeBasingstoke Field SocietyBelvoir Fruit Farms LimitedBiffa AwardBritish Entomological and Natural History SocietyBritish Wildlife Publishing Carmarthenshire County CouncilCecil Pilkington Charitable TrustCemex UK Materials LimitedCeredigion County CouncilCerne Abbas Society for HorticultureChiddick Charitable TrustClackmannanshire & Stirling Environment TrustDarlington & Teesdale Naturalists’ Field ClubDartmoor National Park AuthorityDenmead Horticultural SocietyDerbyshire Wildlife TrustDes Ong PhotographDevon Wildlife TrustDisley & District Probus ClubDonard Newcastle Probus ClubEast Hoathly SchoolEasyfundraising.org.ukEcotricity Group LimitedEllerdine Women’s InstituteEsmée Fairbairn FoundationEvanton Wood Community CompanyEveryclick LimitedExmoor National Park AuthorityExmoor Natural History SocietyFriends of Portsdown HillFriends of Stream WoodsForestry Commission EnglandForestry Commission ScotlandFPCR Environmental ConsultantsGoogle Matching Gift ProgramGrantscapeGrantscape (CWM Community & Environmental Fund)Grantscape (Mick George Community Fund)Greencombe Garden TrustGreenwings Wildlife HolidaysHabitat Aid Limited

Haddenham Conservation SocietyHampshire & Isle of Wight Wildlife Trust LimitedHampshire County CouncilHampton Park United Reformed ChurchHardy Plant SocietyHarrogate & District Naturalists’ SocietyHereford Baptist Church Wednesday ClubHeritage Lottery FundHull University of the Third AgeInternet Stamps LimitedJ A Swire Charitable TrustJennetts Charitable TrustJohn Ellerman FoundationKinetica Energy LimitedMagnox LimitedMarks & Spencer plcMarsh Christian TrustMeres & Mosses Landscape Partnership SchemeMinterne EstateMiss Kathleen Beryl Sleigh Charitable TrustMrs M A Lascelles Charitable TrustMrs M Maxwell-Stuart’s Charitable TrustNatural EnglandNatural Environment Research CouncilNatural Resources WalesNatureGuides LimitedNaturetrek LimitedNectar Creative LimitedNFU MutualNorth Antrim Horticultural AssociationNorth York Moors National Park AuthorityNorthern Ireland Environment AgencyNorthumbrian WaterOasis Fashions LimitedPembrokeshire County CouncilPori Natur a Threftadeath LimitedPortsmouth City CouncilPottershansworth Parish CouncilRed Dog FilmsRobert O Curle Charitable TrustRoyal Entomological SocietyRoyal Society for the Protection of BirdsRugby High School Academy TrustScottish Natural HeritageSilverstream Finance LimitedSylvia Waddilove FoundationSITA TrustSouth Downs National Park AuthorityStone & District Wildlife GroupStormont Presbyterian ChurchTest Valley Borough CouncilThe Ashendene TrustThe Banister Charitable TrustThe Bluestone FoundationThe British Legion - Shawbury BranchThe Cambridge Society of DorsetThe Chapman Charitable TrustThe Charlotte Heber-Percy Charitable Trust

The Clare Lees TrustThe Co-operativeThe Craignish TrustThe D G Albright Charitable TrustThe Erica TrustThe Ernest Kleinwort Charitable TrustThe Friends of Cusworth ParkThe Geoffrey Arnold of Longdon Memorial TrustThe Gordon Fraser Charitable TrustThe Grange & District Natural HistoryThe Henry C. Hoare Charitable TrustThe Hugh Fraser FoundationThe Jack Patston Charitable TrustThe Leggett Charitable TrustThe Mayden FoundationThe N Smith Charitable SettlementThe Orr Mackintosh FoundationThe Patsy Wood TrustThe Redwing TrustThe Slater Foundation LimitedThe Spear Charitable TrustThe Summerfield Charitable TrustThe William Haddon Charitable TrustUBS LimitedUK ButterfliesUniversity of OxfordUniversity of YorkVale of Glamorgan County Borough CouncilWaitrose LimitedWales Biodiversity PartnershipWarwick District University of the Third AgeWaste Recycling Environmental LimitedWatkins & DoncasterWeatherall FoundationWildfowl & Wetlands TrustWildGuides LimitedWildlife World LimitedWoodpeckers Trust

Corporate MembersBuglife - The Invertebrate Conservation TrustCoda Systems LimitedColn Park LLPCrowberry Consulting Elm Horticulture LimitedFrom the Notebook LimitedFrontier Agriculture LimitedIsle of EriskaNaturetrek LimitedNorthumbrian WaterNottingham Trent UniversityOrange Aero LimitedPriory Junior SchoolSilver Trees Holiday ParkThe Travelling NaturalistThe Weld Estate

LEGACY GIFTSMuch of our successful conservation work is underpinned by the generosity of supporters who have left Butterfly Conservation a gift in their Will. All gifts, whatever their size are valuable, making a real difference to the conservation of butterflies and moths.

We would like to thank our generous benefactors for these important gifts:

LegaciesMatthew Oswald Twine BaldwinAnn BennettPhillip Thomas BishopBrian ChiversJohn Henry DrakeRaymond Brian DraperEdith HarperRobert John HedgesJeffrey HellawellDr Keith HorsfieldPriscilla Zoe Mahala Jane MacLauglinFrancis Christopher OldfieldPeter PrevettLeslie RushThomas Augustus SkinnerVernon SkullG SmithersPatricia Doris TannerDorothy Hilda VealeGeorge WarrenOlivia Maude Whyte

In Memory GiftsGeoffrey AthillJohn George BorneDaphne BrownPhilippa CorbinDr. John De QuinceyRuth DitchfieldFrank EdwardsHelen HarrisonRosemary HemingtonElizabeth HillMichael Stuart JoinerDavid John LeeMargot LidstonePhilip LumleyJohn Stephen Rowley MainhoodRaymond Alan ParkerMr M J PringJune RicardoRichard SeagerDouglas Skinner MBECecilia TaylorRobin Charlie WhiteKatie Winslett

Head office and registered address: Butterfly Conservation, Manor Yard, East Lulworth, Wareham, Dorset BH20 5QP t: 01929 400209 e: [email protected] www.butterfly-conservation.org

Northern Ireland Office: 66 Dublin Road, Kilcoo, Newry, BT34 5JGScotland Office: Balallan House, Allan Park, Stirling, FK8 2QGWales Office: 10 Calvert Place, Swansea, SA1 6AR

President: Sir David Attenborough CH CVO CBE FRS

Vice-presidents: Maurice Avent Esq, Nick Baker Esq, Thelma Barlow, John F Burton FZS FRES, Dame Antonia S Byatt CBE, Dudley Cheesman Esq, Sue Collins, The Earl of Cranbrook PhD DL Cbiol, Mike Dilger Esq, Clive P Farrell Esq, Julian Gibbs Esq, Robert Goodden Esq, The Duchess of Hamilton, Ian Hardy MVO, Anthony Hoare Esq, Dr Harold Hughes OBE, Dr Stephen Jeffcoate, Chris Packham Esq, Professor Jeremy Thomas, Alan Titchmarsh MBE

Chair: David DennisCouncil members: Dr Jim Asher (Vice Chair), Andrew Brown, Kathryn Dawson, Mike Dean, Roger Dobbs, Dr Susan Foden, David Hanson (Hon Treasurer), Michael Johnston, Dr Ian Small, Sue Smith, Dr Simon Spencer, Nigel Symington, Neil Thompson, Dr Mark Young.Chief Executive: Dr Martin WarrenDeputy Chief Executive: Julie Williams Director of Conservation: Dr Nigel Bourn Director Scotland: Paul Kirkland

Our mission is to halt and then reverse the decline of butterflies and moths. By achieving this we can help create a healthier environment in which we all can live.

Butterflies and moths are a vital part of our wildlife heritage and are valuable indicators of the health of the environment. Our surveys show that they continue to decline at a rate that is faster than most other well-documented groups of plants and animals. Our work is thus both daunting and complex, but will benefit other wildlife and the ecosystems upon which all life depends.

Looking ahead. We have an ambitious plan to significantly expand our activities so that we can achieve our goal of halting and reversing the rapid decline of butterflies and moths. We have enhanced our capacity and infrastructure in several critical areas so that we can build the even stronger and more effective organisation needed to deliver our conservation goals. We believe this is important not just for these wonderful and crucial insects, but also to create a healthy environment for all of us to live in.

Last year proved to be a remarkable year both for Butterfly Conservation and for butterflies and moths. After numbers hit the lowest ever recorded in 2012, we all thought that species might be further harmed by the prolonged winter. However, when summer arrived at last, numbers bounced back well, exceeding our expectations. We were delighted that many threatened species recovered dramatically in habitats being managed as part of our landscape-scale projects, showing that we have a successful formula for their conservation. We are now working to scale up the approach and develop even bigger projects in new areas.

Butterfly Conservation has also gone from strength to strength. The Big Butterfly Count had record participation and membership surged to a record high of 23,000. The economic environment remains tough, but our supporters have remained very strong and loyal. Our members responded well to our fundraising appeals and we were fortunate to receive a fantastic number of legacies from people who had the foresight to remember butterflies in their wills. Our volunteers also continued to excel, contributing a remarkable £10 million of manpower. Central to this is our network of 32 Branches whose dedicated volunteers co-ordinate the effort locally and help manage over 50 important sites. We are very grateful to them and all our supporters for making 2013 such an encouraging year.

by the Chair and Chief Executive

We were delighted that many threatened species recovered dramatically…

Left David Dennis, Chair.Right Dr Martin Warren, Chief Executive.

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Our mission

Overview

Cover: Broad-bordered Bee Hawk-moth. JULIAN DOWDING Right: The Peacock was one of several butterflies that recovered well in 2013

2 BUTTERFLY CONSERVATION ANNUAL REVIEW 2014 BUTTERFLY CONSERVATION ANNUAL REVIEW 2014 3

A central tenet of our conservation strategy is to conserve butterflies and moths at a landscape scale. This involves managing a network of sites and intervening land to ensure the long-term survival of threatened species. This approach has enjoyed remarkable successes that have reversed the decline of some of our rarest species.

2. Conserving landscapes in Northern Ireland. We secured a grant from the Northern Ireland Environment Agency to develop landscape projects to conserve threatened butterflies and moths and develop the capacity of our volunteers in the region.Above: Cryptic Wood White

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Conserving threatened species in key sites and landscapes

Above: Under the Morecambe Bay Limestones project, over 290 hectares of woodland is being brought into management to benefit rare butterflies like the High Brown Fritillary as well as a wide range of other wildlife.

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3. Chequered Skipper range extended. The Chequered Skipper is one of our rarest butterflies, confined to a small part of western Scotland. A two-year survey by our Scottish Branches and volunteers discovered several new colonies outside its known range and identified breeding areas where we can give targeted advice to landowners.

1. Dukes back from the edge. Thanks to our Dukes on the Edge project in the South Downs, management advice has been given for this rare butterfly on 61 sites across South East England. New management has already started on 29 sites and the Duke of Burgundy has already begun to expand its range on several of these, just three months after work was completed. Our Branches have also helped restore habitats for the Duke on many other sites across the UK.

Above: Barberry Carpet. IAN HUGHES

Map left: Target areas for our landscape work

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Rare moth thrives. Breeding areas of the rare Barberry Carpet moth were expanded in several parts of England. A new colony was formed in Wiltshire following planting of Barberry, with the support of private landowners.

4. Pearl-bordered Fritillary on the up in Yorkshire. The Pearl-bordered is one of our most rapidly declining butterflies and in Yorkshire had been reduced to just two colonies on the North Yorks Moors. Thanks to our work restoring former habitats it has now spread to five sites, offering the butterfly a much brighter future.

5. High Brown Fritillary recovery. The High Brown (above) is one of our most threatened butterflies, reduced to just 40 colonies. In 2013, it colonised seven new breeding areas thanks to management under the Morecambe Bay Limestones project. High Brown numbers also reached record levels at the last remaining site in Wales, thanks to management by our South Wales volunteers.

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4 BUTTERFLY CONSERVATION ANNUAL REVIEW 2014 www.butterfly-conservation.org www.butterfly-conservation.org BUTTERFLY CONSERVATION ANNUAL REVIEW 2014 5

Left: The Small Copper is a widespread butterfly that occurs in a range of habitats, but numbers have dropped by one-third since 1976.

Butterfly Conservation runs some of the largest recording and monitoring schemes on insects anywhere in the world. We now hold more than 24 million butterfly and moth records, thanks to the efforts of our Branches and County Recorders. Butterfly Conservation is the largest contributor of biological records publicly available via the National Biodiversity Network Gateway.

Monitoring. Trends from the UK Butterfly Monitoring Scheme (UKBMS) are used by government as indicators of biodiversity at the UK level and for England and Scotland. Data are gathered from a network of over 1,000 sites that are monitored by over 1,500 volunteers. The results highlight the long-term decline of both habitat specialist and wider countryside butterflies that make the successes reported in this review even more outstanding (note that 2013 data are not officially published until Autumn 2014).

New apps make recording easier. As part of our plan to keep at the forefront of technology, we launched a butterfly recording app for smartphone users which allows recorders to submit records directly from the field as well as an online system for recording moths, enabling recorders to enter and manage their own records. We have also launched a Big Butterfly Count app to specifically support the project.

New smartphone apps for the Butterfly Recording Scheme and the Big Butterfly Count allow users to enter their records easily whilst on the move.

Research. Butterfly Conservation scientists conduct important research on butterflies and moths and published more than 20 papers in leading scientific journals and over 30 reports. Other research is conducted with Universities and Institutes such as the Centre of Ecology & Hydrology, Natural England, Universities of Bournemouth, Durham, East Anglia, Exeter, Hull, Oxford Brookes, York, and overseas Universities of North Carolina (USA) and James Cook (Australia).

A major new paper in Journal of Applied Ecology on moth trends described the decline of moths based on a new analysis of the data gathered by the National Moth Recording Scheme.

WIDER COUNTRYSIDE

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Species of the wider countryside

Habitat specialists

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Building theevidence base

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Restoring habitats at Magdalen Hill Down. Over the last 15 years, we have conducted an ambitious habitat restoration project on former arable fields on the reserve. More than 36 hectares of flower-rich downland habitat has now been restored, quadrupling its original size and making the site far more viable for sustaining butterflies in the long term. The Chalkhill Blue now occurs in thousands and the rare Small Blue has recently colonised and formed a substantial colony.

Our data were used extensively in the ground-breaking State of Nature Report launched by our President, Sir David Attenborough. The report revealed that two-thirds of wildlife species have declined in the last 20 years. The findings were produced by a consortium of non-governmental organisations to raise awareness of the decline of UK wildlife and the need for more action to halt the loss of biodiversity. The report will be a focus of renewed effort to conserve wildlife in coming years.

Encouraging wildlife friendly farming. As part of our support for Butterfly Conservation Europe, we have suggested improvement for biodiversity within the reform of the Common Agricultural Policy and the implementation of the EU Biodiversity Strategy. We also helped design the new agri-environment scheme that will come into force in England in 2015 which includes a package of measures to encourage pollinators that are vital to maximise crop production. We helped refine similar schemes in Scotland, Wales and Northern Ireland.

Marsh Fritillary thrives in South Wales. The highest ever number of caterpillars of this rare butterfly were found since we took on the reserve at Caeau Ffos Fach in Carmarthenshire. Good numbers were also found on the adjacent Median Farm where we took on a new lease last year. Surveys also found high numbers in the surrounding landscape which is threatened by development. We are now building a project to restore even more neglected habitats.

Restoring peatlands in Scotland. We significantly increased the amount of restoration work at our Wester Moss joint nature reserve with Stirling Council by blocking a major drain and clearing scrub. Keeping the bog wet is vital not just for the Large Heath but also helps lock up carbon in the accumulating peat. We also secured funding for a ground breaking new project to form a volunteer ‘Bog Squad’ from Scottish Natural Heritage’s Peatland Action project to help restore other lowland raised bogs in the central belt.

Butterfly Conservation Europe has established 48 Network Partner organisations in 36 countries that are working together to conserve butterflies and moths across the continent. We published a European Grassland Butterfly Indicator report with the European Environment Agency which shows that grassland butterflies have declined by more than 50% in the last 20 years.

Our new Conservation Strategy for European Butterflies will guide our efforts in the coming years and show how we can make a serious contribution towards achieving the EU Biodiversity 2020 strategy.

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Butterfly Conservation manages 35 nature reserves across the UK, covering more than 785 hectares of key butterfly and moth habitat. The reserves are managed for the benefit of all wildlife and for the enjoyment of members and the public. Our reserves have been remarkably successful in restoring precious habitats for wildlife and threatened species.

Butterfly Conservation Branches ran more than 650 work parties on our reserves and on ‘Partnership Reserves’ where we work with other bodies to support important populations of butterflies and moths.

Nature reserves success

Butterfly Conservation works with a wide range of conservation organisations to promote better policies for wildlife and the environment. We are active members of Wildlife and Countryside Links across the UK and have formed a new alliance of wildlife NGOs that have a species-focussed remit.

Advocacy

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Volunteers make a massive contribution to our work, equivalent to over 162,000 volunteer days in 2013/14 or £10 million per year. They are co-ordinated by a network of 32 Branches throughout the UK, each managed by a dedicated team of Branch Committee Members. These enthusiastic volunteers ensured vital conservation work continued at a local level. We are extremely grateful to each and every one of them for their hard work.

To help develop this network and share best practice, we appointed a new Branch Support Officer and organised a series of member days, recording days, and regional conservation days.

Membership and supporter development. Membership hit a record high, rising by 21% to reach 23,000. The income received from members and supporters is more important than ever as we seek a balanced mix of income streams in the face of growing pressure on our other sources of income.

Legacy income more than doubled in the year rising to £544,000 and families and friends donated around £22,000 in memory of their loved ones. We are indebted to these supporters whose generous legacies and in memory gifts are helping to build a brighter future for butterflies and moths.

We ran two highly successful appeals that raised over £240,000 that will enable us to expand our successful landscape scale conservation work.

Our new online shop was launched and is selling a range of products to help increase income for conserving butterflies and moths.

Media and raising awareness. The fourth year of the Big Butterfly Count, run in partnership with M&S, was the most successful ever with more than 46,000 people taking part.

The Count was launched by Joanna Lumley and received widespread national and international media coverage. Over the last four years, almost 94,000 people have taken part in the Big Butterfly Count and 269,000 have visited the website. More than 114,000 counts have been submitted and 1.5 million butterflies have been recorded around the UK, providing invaluable data on trends of widespread species.

Inspiring the next generation. We launched our Munching Caterpillars project with TV naturalist Nick Baker. The aim of the project is to reveal to children the wonders of the butterfly life cycle and the role of foodplants. During the year we organised 115 education events attended by more than 3,000 children. A new website has also been created to make materials available to teachers and families across the UK.

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Engaging our supporters

51,000 CIRCULATION OF OUR MONTHLY E-NEWSLETTER, ALL AFLUTTER

20,000 FOLLOWERS ON TWITTER

500,000 VISITS TO THE BC WEBSITE

(AN INCREASE OF 18% FROM LAST YEAR),

OF WHICH 313,000 WERE UNIQUE USERS.

£6.2 MILLION

AVE* FOR OUR MEDIA COVERAGE IN 2013.

*ADVERTISING VALUE EQUIVALENT

AND OVER

16,000 ON FACEBOOK

Media in numbers

We helped organise 77 events for National Moth Night, which were attended by over 2,000 people, raising greater awareness of moths.

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Financial ReviewThe Consolidated Statement of Financial Activities (SOFA) and the Balance Sheet have been prepared in accordance with the Statement of Recommended Practice (SORP) 2005.

Total income for the year showed an increase of 16% to reach over £3.5 million, which was an excellent result for a year in which fundraising from the statutory and agency sectors was tougher than ever. Two actions, one current and one built up over many years, led the way. Our Match Pot 4 Appeal was our most successful ever in terms of both the response rate of 14% and the sum raised, £165k. From this £51k went straight to the Balance Sheet where it is held as Contributory Third Party funding, within Creditors. The balance of £114k appears in the Statement of Financial Activities (SOFA) as Voluntary Income.

Also in this item is the successful outcome of work over many years to increase our income from legacies, with a record result this year both in terms of the number of legacies, 21, and their value, £544k. Overall Voluntary Income was up by 23%, rising from £808k to £998k.

Although their grant budgets were squeezed further Government

Agencies continued to support BC, persuaded by the long term record of the charity in delivering promised outcomes. As grants from this sector became harder to secure the pressure moved to other sources such as Landfill operators and Charitable Trusts. In this increasingly competitive environment we were delighted to secure important grants of £60k from the John Ellerman Foundation (of which £30k was received in the year), £150k from the Esmée Fairbairn Foundation (of which £36k was received in the year) and £49k from Grantscape (of which £40k was received in the year), all of which will support vital conservation work.

Our income from Contracts and Royalties showed an impressive increase of 38% to £335k with a number of new conservation contracts secured and payment from the Rural Payments Agency for the Single Payment Scheme (we did not receive any income from this source in 2012/13).

Certainly the best news for the longer term strength of the charity was the increase in membership numbers to the highest level ever. In 2013/14 Membership income rose by 16% and total income from members and supporters through subscriptions, donations, responses to appeals and legacies

represented 43.5% of the charity’s total income.

During the year we saw at first hand the effect of increased competition for grants when a small number of our applications were unsuccessful. In this very tough and competitive climate the committed support from our members and supporters is ever more valued and appreciated. We have also restructured our fundraising activity to direct focussed effort in every sector where we believe funds may be sourced.

As anticipated a year ago the impact of falling interest rates could not be avoided and there was a small reduction in Investment and Interest income.

The most pleasing outcome in 2013/14 was the increase of £163k to a fraction under £2.5 million in spending on conservation, with this representing 81% of total spending. The work undertaken and the positive results achieved are described elsewhere in this report.

Governance costs saw an increase of 30% due to a major revision of our Memorandum & Articles of Association, which had not been reviewed in full for over a decade, and to the commissioning of a VAT

review, which should help us to reduce some of our VAT liabilities in the future.

The Costs for Generating Voluntary Income rose by 39%, reflecting both the increase in staff numbers over the past two years and the outsourcing of the processing for our highly successful appeals to an external mailing agency.

The Balance Sheet shows a reduction of £236k in Restricted Funds as we were net spenders of grant and project income. In contrast all our Designated Funds showed increases due to the excellent income results from the Match Pot Appeal, from Legacies, from increasing activity within our Branches and by the designation of monies from General Funds to guarantee increased conservation commitments for the next two years.

The reduction of £96k in General Funds to £903k and the comparison with our Financial Reserves Target of £1,250k remind us again how important is our fundraising activity across all channels, both through Head Office and through our Branches.

David Hanson, Honorary Treasurer 12 July 2014

Independent auditor’s statement to the Council of Butterfly ConservationWe have examined the summarised financial statements of Butterfly Conservation for the year ended 31 March 2014

Respective responsibilities of the Council and independent auditorThe Council members are responsible for preparing the summarised financial statements in accordance with applicable UK law and the recommendations of the charities Statement of Recommended Practice (SORP).

Our responsibility is to report to you our opinion on the consistency of the summarised financial statements with the full financial statements. We also read the other information in the summarised annual report and consider the implications for our report if we become aware of any apparent misstatements or

material inconsistencies with the summarised financial statements.

Basis of opinionWe conducted our work in accordance with International Standards on Auditing (UK and Ireland) issued by the Auditing Practices Board for use in the United Kingdom.

OpinionIn our opinion the summarised financial statements are consistent with the full financial statements of Butterfly Conservation for the year ended 31 March 2014 and comply with the applicable requirements of Section 427 of the Companies Act 2006, and regulations made thereunder.

Buzzacott LLPChartered Accountants and Registered Auditor – 130 Wood Street, London EC2V 6DL23 July 2014

The members of Council confirm that these summarised financial statements are a summary of information from the full financial statements which were approved by Council on 12 July 2014.

A copy of the full financial statements of the charitable company, upon which the auditors have reported without qualification, will be delivered to the Charity Commission and the Registrar of Companies.

These summarised financial statements may not contain sufficient information to allow for a full understanding of the financial affairs of Butterfly Conservation. Further information and the full accounts are available at www.butterfly-conservation.org or may be obtained free of charge from the charity.

By order of the CouncilDavid HansonHonorary Treasurer12 July 2014

Financial statements

Total income for the year increased by 16% to reach over £3.5 million

At £544k, 2013/14 was a record year for legacy income

We recovered £148k in tax because our members and donors ticked the Gift Aid box

In 2013/14, 81% of total spending was on conservation

www.butterfly-conservation.org BUTTERFLY CONSERVATION ANNUAL REVIEW 2014 1312 BUTTERFLY CONSERVATION ANNUAL REVIEW 2014 www.butterfly-conservation.org

Group Charity2014

£2013

£2014

£2013

£Fixed assetsTangible assets 1,222,429 1,213,076 1,222,429 1,213,076Investments 4,559,650 4,386,733 4,559,651 4,386,734

5,782,079 5,599,809 5,782,080 5,599,810Current assetsStocks 8,354 8,291 8,112 8,291Debtors 756,176 788,432 788,498 816,175Investments 147,036 149,092 147,036 149,092Cash at bank and in hand• Short term deposits and interest bearing accounts 3,632,080 3,040,150 3,632,080 3,040,150• Current accounts 769,891 717,057 681,362 677,400

5,313,537 4,703,022 5,257,088 4,691,108

Creditors: amounts falling due within one year (363,140) (184,967) (316,289) (182,651)

Net current assets 4,950,397 4,518,055 4,940,799 4,508,457

Total net assets 10,732,476 10,117,864 10,722,879 10,108,267

Represented by: Funds and reserves Charitable fundsCapital fundsEndowment funds 4,559,650 4,386,733 4,559,650 4,386,733Income fundsRestricted funds 1,588,843 1,824,655 1,588,843 1,824,655

Unrestricted funds• General fund 903,295 999,384 903,295 999,384• Non-charitable trading funds 9,597 9,597 — —• Tangible fixed assets (including freehold nature reserves) fund 602,022 530,286 602,022 530,286• Designated funds 3,069,069 2,367,209 3,069,069 2,367,209

Total funds 10,732,476 10,117,864 10,722,879 10,108,267

Approved by the Council of Butterfly Conservation, and signed on its behalf by: David Dennis, Chair 12 July 2014

Unrestricted funds

£

Restricted funds

£

Endowment funds

£

2014 Total

£

2013 Total

£Incoming resourcesIncoming resources from generated funds• Voluntary income 840,890 157,172 — 998,062 808,359• Activities for generating funds 70,499 — — 70,499 78,183• Investment income and interest receivable 205,606 25,806 — 231,412 240,266Incoming resources from charitable activities• Conservation activities – grants receivable 25,453 1,240,145 — 1,265,598 1,115,497• Contracts and royalties 213,631 121,563 — 335,194 242,731• Other primary purpose trading 90,396 4,955 — 95,351 110,636• Membership subscriptions 545,881 — — 545,881 469,628Other incoming resources 55 149 — 204 1,123Total incoming resources 1,992,411 1,549,790 — 3,542,201 3,066,423

Resources expendedCost of generating funds• Costs of generating voluntary income 127,598 31,947 — 159,545 114,497• Fundraising trading: cost of goods sold

and other costs18,423 4,614 — 23,037 19,126

• Investment management costs 11,937 2,975 — 14,912 7,043Charitable activities• Conservation 689,556 1,807,602 — 2,497,158 2,333,816• Membership services 245,100 61,088 — 306,188 276,924Governance 77,342 20,268 — 97,610 74,869Total resources expended 1,169,956 1,928,494 — 3,098,450 2,826,275

Net incoming (outgoing) resources before transfers

822,455 (378,704) — 443,751 240,148

Transfers between funds (142,892) 142,892 — — —

Net incoming (outgoing) resources before net investment (losses) gains

679,563 (235,812) — 443,751 240,148

Net investment (losses) gains (2,056) — 172,917 170,861 467,527

Net movement in funds 677,507 (235,812) 172,917 614,612 707,675

Balances brought forward at 1 April 2013

3,906,476 1,824,655 4,386,733 10,117,864 9,410,189

Balances carried forward at 31 March 2014

4,583,983 1,588,843 4,559,650 10,732,476 10,117,864

Consolidated statement of financial activities Year to 31 March 2014

Group and charity balance sheets 31 March 2014

Voluntary Income £998,062Activities for generating funds £70,499Investment income £231,412Conservation grants receivable £1,265,598Contracts & Royalties £335,194Other primary trading £95,351Membership subscriptions £545,881Other £204

Costs of generating funds £159,545Fundraising trading £23,037Investment management costs £14,912Conservation £2,497,158Membership services £306,188Governance £97,610

HOW WE RAISED OUR

FUNDSTotal Income £3,542,201(2012/13 £3,066,423)

HOW WE SPENT OUR

FUNDSTotal Expenditure £3,098,450

(2012/13 £2,826,275)

Financial information


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