Bumblebee Conservation Trust (A Company Limited by Guarantee) Annual Report and Financial Statements

For the year ended 31st March 2020

Charity registration number: 1115634 Scottish Charity registration number: SC042830 Company registration number: 05618710 BUMBLEBEE CONSERVATION TRUST (A COMPANY LIMITED BY GUARANTEE)

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Prof Peter Hollingsworth Les Moore John Sanders Stuart Roberts Nick Mann Prof Lena Wilfert Dr Natasha de Vere Zuleika Brett Appointed 19th October 2019 Beth O’Sullivan Appointed 19th October 2019 Blake Gaffney Appointed 13th March 2020

Charity Commission number 1115634

OSCR number SC042830

Company number 05618710

Principal address Beta Centre Stirling University Innovation Park Stirling FK9 4NF

Registered Office Lakeside Centre Lakeside Country Park Wide Lane Eastleigh, Hampshire SO50 5PE

Auditor Johnston Carmichael LLP 227 West George Street GLASGOW G2 2ND

Bankers Bank of Scotland plc 7/13 Port Street Stirling FK8 2EJ

BUMBLEBEE CONSERVATION TRUST (A COMPANY LIMITED BY GUARANTEE)

Bankers (continued) CAF Bank Limited 25 Kings Hill Avenue West Malling Kent ME19 4JQ

Shawbrook Bank Lutea House Warley Hill Business Park The Drive Great Warley Brentwood Essex CM13 3BE

BUMBLEBEE CONSERVATION TRUST (A COMPANY LIMITED BY GUARANTEE)

CONTENTS

Page Trustees’ Report 1 - 19

Statement of Trustees’ Responsibilities 20

Independent Auditor’s Report 21 - 23

Statement of Financial Activities 24

Balance Sheet 25

Statement of Cash Flows 26

Notes to the Accounts 27 - 41

BUMBLEBEE CONSERVATION TRUST (A COMPANY LIMITED BY GUARANTEE)

Report of the Trustees for the year ended 31 March 2020

The Trustees present their report and accounts for the year ended 31 March 2020.

The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the company’s Memorandum and Articles of Association, the Companies Act 2006, the Charities and Trustees Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006, 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) and the Charities Act 2011.

Overview by the Chair of Trustees

This year has been another exciting and productive year for the Bumblebee Conservation Trust with the launch of the Trust’s new five year plan which envisages a world where bumblebees are thriving and valued.

The Trust’s BeeWalk scheme, recording bumblebees across the UK celebrated its tenth anniversary. Nearly half a million individual bees have been recorded during the decade of BeeWalk recording. The Trust’s longest running project, the Short-haired bumblebee reintroduction also celebrated its tenth anniversary. During the lifetime of the project over 100 different landowners have received and acted on habitat management advice from project staff resulting in wide scale landscape changes benefitting a number of rare species.

Our two major National Lottery Heritage Fund projects, Making a Buzz for the Coast, in Kent, and Pollinating the Peak, in the Peak District, are now in the third full year, and have both been extended into 2021. The projects have already delivered many of their targets, and current work is focused on ensuring a long term legacy in the project areas.

Projects beginning in 2019-2020 included Saving the Great Yellow bumblebee which will extend the Trust’s influence in Scotland and provide a focus for conservation of this rare bumblebee. At the other end of the UK the Trust launched the Fowey Valley Bumblebee Project bringing together a diverse collation of partners to test how changes in land management can impact on bumblebee populations at a landscape scale.

Projects ending in 2019-2020 included the Fifth Continent Green Lanes project. All three Fifth Continent project trainees have been immediately employed in the conservation sector, a tribute to the quality of the training provided whilst they were working for the Trust. Work also concluded on the Back from the Brink – Shrill Carder Recovery Project. The project has left a significant legacy as the Trust, leading over 30 partners across England and Wales, has developed a long term Shrill Carder Bee Conservation Strategy to be implemented over the next decade.

Looking forward the Trust is developing a number of projects. In 2019-2020 significant development work was carried out on Species on the Edge (in Scotland), and Natur am Byth (in Wales), both of which are follow on multi-partner and multi-species projects which will take a similar approach to conservation to that used in the England Back from the Brink project.

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To support the Trust’s growth in recent years the organisation has invested in upgraded IT for all staff. We continue to upgrade our underlying software and processes, moving to a cloud-based platform for our key systems. The continued support of the Postcode Green Trust has enabled further developments in both fundraising and public engagement activities. Membership retention rates have improved and many members have chosen to receive paperless communications allowing the Trust to make savings which can be reinvested, and benefiting our environmental sustainability.

Overall it has been an important and successful year for the conservation of bumblebees and the longer-term sustainability of the Trust. Trust staff continue to demonstrate incredible dedication maintaining and enhancing our already high external reputation. With continued support from our loyal and new members, businesses, and individuals fundraisers and donors, we are well placed to work within the challenges posed by Covid-19. In our fifteenth year of operation the Trust is in a strong position to take forward our 2019-2024 strategy, and fulfil our overall mission of increasing the number and diversity of bumblebees within the UK.

Objectives and Activities from the Trust’s strategic plan

The purposes of the charity are: • Support the conservation of all bumblebees, rare or abundant. • Raise awareness and increase understanding about bumblebees and the social, economic, environmental and cultural benefits they provide. • Be sustainable, fit for purpose, and able to respond quickly to challenges and change.

The Vision that shapes the Trust’s annual activities is “A world where bumblebees are thriving and valued.” The Trust’s mission is to “increase the number and diversity of bumblebees.” By achieving these purposes, the Trust can help create a healthier environment in which we can all live. The Trust’s work in conserving bumblebees will benefit other wildlife and the ecosystems upon which all life depends. The Trust is the only conservation charity in Europe solely dedicated to reversing the decline of native bumblebees.

The 2019-2020 Financial Year was the first year of the Trust’s new five year strategy, working towards four aims.

Strategic aim 1: Enhance the understanding of bumblebee ecology and conservation. To be achieved by: • Continuing to research the environmental preferences and specific requirements of priority bumblebee species. • Continuing to increase knowledge of bumblebee population dynamics through our standardised recording scheme, BeeWalk. • Continuing to collect, analyse and publish data, and publish our findings both on our own and in collaboration with others. • Using the accumulated body of evidence to influence decision makers at all levels. • Sharing our results, practices, evidence and advice for others to use.

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Strategic aim 2: To work with others to develop and sustain a network of bumblebee habitats. To be achieved by: • Working with land managers to create, restore and maintain good quality sustainable bumblebee habitat. • Developing and implementing a framework for prioritising conservation work. • Working in targeted landscape areas to connect habitat for priority bumblebee species. • Developing and implementing standardised methods to evaluate and evidence our conservation work, to demonstrate our impact and promote best practice.

Strategic aim 3: Inspire and enable a diverse range of people to take action for bumblebees. To be achieved by: • Sharing the beauty and importance of bumblebees, and how to help them, through all of our communications. • Creating a sense of awe and wonder about bumblebees in young people through engaging education experiences, empowering them to act. • Delivering a programme of training and events to give people the knowledge and confidence to make a positive difference for bumblebees. • Supporting and equipping our expanding network of volunteers to help achieve our shared vision.

Strategic aim 4: To be an effective and sustainable organisation. To be achieved by: • Investing in a healthy, supportive, and inclusive working environment with a commitment to staff wellbeing and development. • Effectively managing financial resources to meet all operational, reporting and compliance requirements. • Effectively managing operational resources. • Engaging with individuals and organisations to diversify and maximise our fundraising streams. • Ensuring our members have a sense of belonging, and that their contributions and loyalty are acknowledged. • Recruiting and retaining an inclusive and skilled trustee board to ensure management of risk and legal compliance.

Public Benefits

The Trust has considered the Charity Commission’s and OSCR’s guidance on public benefit in developing its strategic aims and activities. To ensure that projects help to achieve the Trust’s strategic aims, deliver public benefit and build on best practice developed throughout the organisation, a system is employed where new projects are matched against a combination of themes:

Habitat management – practical conservation and habitat work, landowner engagement and advice. The Trust provides specialist advice to landowners, farmers and other land managers on how to manage their land sensitively for pollinators and provide habitat for

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REPORT TO THE TRUSTEES threatened bumblebee populations. Through its projects, the Trust offers site visits, bumblebee surveys, farm days and land management workshops to equip landowners with the knowledge and skills they need to help safeguard rare or priority bumblebee species. The Trust also works with partners and local communities to deliver practical conservation work parties.

Bee With Us – supporting volunteers The Trust offers many different roles for volunteers, providing support and learning opportunities across all ages, including hard to reach groups. Volunteers are an essential part of the charity, at a national level, and within specific projects; their commitment and passion for bumblebees enables the Trust to extend its reach across the UK.

Skills for Bees - monitoring bumblebee populations Training people in identifying bumblebees to encourage participation in surveys is a key part of the Trust’s work. People of all ages and abilities (from beginner to expert) can access Trust courses and information and learn about bees and have the opportunity to move along a structured training programme at their own pace.

Buzzing gardens - working with individuals and communities to create garden habitats for bumblebees Gardens provide vital oases for bumblebees, therefore much of the Trust’s work across the UK focusses on raising awareness about the simple steps people can take to improve their gardens’ bee-friendliness.

Buzzing communities - working with local communities to improve their common areas for bees The Trust offers the opportunity for communities to come together and work on projects in their own local areas to benefit bumblebees, creating best practice for other communities to follow.

Buzzing schools – inspiring young people Encouraging more young people to study science, especially entomology and ecology is essential to securing the future of bumblebee science. The Trust’s work with schools aims to excite young people about nature and increase knowledge of where our food actually comes from.

Buzzing tourism & leisure – connecting people with nature Through tapping into existing tourist and leisure activities (or creating its own) the Trust’s work engages new audiences with bumblebees.

Well bee-ing – connection with nature benefits mental health Exposure to the natural environment and outdoor recreation has been proven to have a positive effect on human health, increase quality of life and heighten social interaction. The Trust’s activities in this area benefit bees by working with people who are experiencing social exclusion, though learning disabilities, mental health issues or unemployment.

Achievements and performance

Enhancing the understanding of bumblebee ecology and conservation

The conservation of bumblebees requires sound scientific evidence, both to inform practical conservation interventions and to reliably identify strategic issues which must be addressed. The latter includes the population status of Britain’s bumblebees over the short and medium terms, which historically has been difficult to assess using distribution-based records.

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Bumblebee science

BeeWalk – assessing the status of Britain’s bumblebees The Trust launched the BeeWalk scheme in 2010. The scheme collects abundance, distribution and flower visitation data for all bumblebee species across Great Britain (the island of Ireland is covered by an equivalent scheme run by the National Biodiversity Data Centre, Waterford). Data and analysis from the BeeWalk scheme benefits many of the Trust’s projects by allowing the assessment of habitat interventions. An additional benefit is that the data is also made freely available for others to use (as long as they acknowledge the Trust as the source of the data). This is primarily through upload to the National Biodiversity Network Atlas (NBN Atlas) and the Global Biodiversity Information Facility (GBIF). In addition, the Trust shares the data with the national Bees, Wasps and Ants Recording Society. During 2019-2020 seven papers were published which cited the BeeWalk dataset, and data was provided to four MSc students. Several other MSc and undergraduate students were provided with analysis ideas and data signposting, particularly during March 2020 when Covid-19 restrictions made many students’ existing plans impossible. During the 2019 bumblebee season the BeeWalk scheme collected 151,233 records of 480,113 individual bees. Of these, 30,858 records of 97,550 individuals were submitted for 2019, at 587 separate transect sites. Findings from BeeWalk were shared in the latest BeeWalk Annual Report which summarises trends for 23 of the 24 UK species of bumblebee.

Bumblebee ID training The BeeWalk project also includes a large training element raising skills and knowledge amongst volunteers. During 2019, 40 basic- and five intermediate-level BeeWalk training days were led by Trust staff, attended by 438 and 65 trainees respectively. For the first time, the Trust was also able to lead advanced-level training courses involving identification using microscopic features: two advanced training courses were carried out in 2019, attended by 31 trainees. A further two basic-level training courses were carried out in March 2020 (20 attendees). To help provide support for BeeWalk volunteers outside the Trust’s core training program, the BeeWalk mentor scheme was established in 2017. It now covers 15 counties with 19 volunteer mentors.

Research projects The Trust are partners on a PhD studentship investigating the utility of road verges for bumblebees (with Highways England, Costain, and the Universities of East Anglia and Cambridge). During 2019, the student carried out their first year of fieldwork, spoke at the Trust’s AGM, passed her first-year review, and undertook a four-week placement at the Trust’s Stirling office. Within the Trust, the Science Manager, Data Monitoring Officer and Short-haired Bumblebee Project Manager continued to analyse habitat management data from the Short- haired Bumblebee Project in order to better understand how to manage land for rare bumblebee species, and a paper on this analysis is expected to be submitted to a scientific journal during 2020. The Trust also partnered with the Royal Horticultural Society, Grow Organic, and Coventry University in the Blooms for Bees project. Data analysis continues and a paper examining citizen scientists’ ID abilities was published in summer 2019. Work continued on two further papers which are expected to be submitted during 2020 or 2021.

Building influence and advocacy

The future of bumblebees and other wildlife is strongly affected by government and the policies that affect land use and the health of the environment. The Trust works with a wide range of

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Species Champions Initiatives The Trust is involved in the three parliamentary Species Champions schemes that run within the Westminster, Scottish and Welsh parliaments. In England the project is run by the Rethink Nature Group and in Scotland and Wales through the LINK coalitions. In England, the Trust had three MPs to champion specific bumblebees: Thangam Debbonaire, Shrill carder bee (B. sylvarum); Daniel Zeichner, Ruderal bumblebee (B. ruderatus); and Claire Perry (until December 2019), Broken-belted bumblebee (B. soroeensis). The other two England species champions have agreed to continue working with the Trust for the duration of the next parliament. Scottish Environment LINK (SEL) runs a Species Champions project with members of the Scottish Parliament. MSPs championing bumblebees are: Dave Stewart, Great Yellow bumblebee (B. distinguendus); Colin Beattie, Garden bumblebee (B. hortorum); and Graham Simpson, Bilberry bumblebee (B. monticola). In Wales, Welsh Environment LINK (WEL) runs the project. Leanne Wood AM is the Species Champion for the Bilberry bumblebee.

Scottish Environment LINK (SEL) and Wales Environment LINK (WEL) As a member of SEL the Trust is part of a forum of information-sharing, discussion and joint action with other NGOs. Membership of SEL enables the Trust, with very little resource for policy work, to ensure that the environment for pollinators in particular, is fully recognised in the development of policy and legislation affecting Scotland. In Wales, the Trust, as a member of WEL similarly enjoys being part of a coalition with other NGOs through which it has a larger voice for pollinator conservation.

Greener UK Greener UK is a group of 14 major environmental organisations, with a combined public membership of over eight million. As part of this coalition, the Trust is engaged in the decision making process for a post Brexit environmental strategy.

Rethink Nature (RN) RN is a partnership of seven conservation organisations: Amphibian and Reptile Conservation (ARC), Bat Conservation Trust (BCT), Bumblebee Conservation Trust (BBCT), Buglife, Butterfly Conservation (BC), Plantlife and the Royal Society for the Protection of Birds (RSPB). The RN partners share a common cause to conserve biological diversity and the natural environment based around their focus on the conservation of species. Partners sign up to the principles of working together under the banner of the RN Partnership. Throughout 2019 and 2020, the CEOs of BC and the Trust have jointly chaired the RN group. By working collaboratively and creating a more coherent message, RN has made a positive difference to nature in a way no one organisation can. The Trust is involved in the RN Back from the Brink project (BftB), specifically in relation to Shrill carder conservation. Two RN projects are in development, Natur Am Byth (Wales) and Species on the Edge (Scotland). Both will be species focused and aim to follow similar outcomes to BftB. During 2019-2020, RN has been working closely with the statutory agencies, Natural England (NE), Scottish Natural Heritage (SNH), and Natural Resources Wales (NRW). A facilitated meeting at NE has led to widespread understanding of how NGOs can work more effectively together on projects.

State of Nature (SON) The third UK State of Nature report, resulting from a coalition of over 50 nature and wildlife organisations, including the Trust, was published in October 2019. Planning for the next SON is at an early stage.

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Invertebrate LINK Invertebrate LINK exists primarily as a forum for the exchange of information and views amongst members of the UK invertebrate interest and conservation community.

Pollinator Advisory Steering Group The five-year review of activities connected to the 2014 National Pollinator Strategy (NPS) was published at the end of 2019. The NPS is likely to be incorporated into the UK Government’s 25 Year Environmental Plan going forward, but a timescale does not yet exist. Bees’ Needs week and the Bees’ Needs Champion Awards both took place during 2019 with the Trust contributing in-kind support to the wide partnership through hosting and editing the Bees’ Needs website.

Working with others to develop and sustain a network of bumblebee habitats

The Trust’s conservation team and project staff help to save rare and scarce bumblebee species through inspiring landowners and partners to manage, restore and create habitat in key locations across the UK by providing specialist and tailored advice. The quality of the habitat delivered is vital – a small patch of habitat in the right place, packed with rare bumblebee forage favourites, can make a huge difference. The Trust also focusses on continuing to work with landowners, revisiting sites and providing ongoing advice, and monitoring the impact of the management interventions suggested. By doing this, Trust staff can far better understand the impact of advice on bumblebee populations and their habitats, and continue to build best practice in the provision of land management advice.

The majority of the Trust’s conservation work is delivered through projects. In 2019-2020, the Trust provided bespoke land management advice to over 200 farmers and other land managers across the UK. In addition, the Trust delivered more than 80 land management training workshops and practical conservation days with volunteer groups. During the year, 395 new hectares of habitat was restored, created or under improved management for bumblebees (plus a further 532 hectares was visited and advice on management provided).

In 2019-2020 the Trust’s habitat and conservation work was delivered through the following 11 projects:

The Short-haired Bumblebee (B. subterraneus) reintroduction Project (SHBP) During 2019- 2020 the SHBP celebrated its 10th anniversary. A report was published summarising the work carried out over the last decade. There were no confirmed sightings of the Short-haired bumblebee during the 2019 field season. Allied to the lack of confirmed sightings earlier in the project, except for queens immediately post-release, it is very probable that the Short-haired bumblebee has not been re-established in the UK. However, the project’s habitat work has resulted in thriving populations of rare bumblebee species (particularly the Brown-banded carder bee (B. humilis) and Ruderal bumblebee). Project staff also continued to engage with the local community around Dungeness: the project has 45 regular volunteers (five gained during 2019- 2020) who monitor bumblebees and plants, as well as carrying out practical conservation tasks, public engagement, and fundraising. In total during 2019-2020, 30 talks or events were carried out, as well as eight bumblebee ID training days and four bee safaris. In total almost 2,500 volunteer hours were donated, engaging with almost 3,000 members of the public face-to-face.

Fifth Continent Green Lanes Project Through the SHBP the Trust was also a partner on the Fifth Continent Green Lanes project and benefited from the support of one trainee from April-

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October each year in 2017, 2018 and 2019. The trainees received training in bumblebee and wild flower identification, habitat management, working with different farmers and land owners, public outreach, and data entry. This project finished in October 2019, having met all targets and with all three trainees immediately employed in the conservation sector.

Field of Dreams The project objective was to create a bumblebee friendly garden within an otherwise disused field area at the Duchy of Cornwall Nursery. The partnership was between the Duchy of Cornwall Nursery (DoCN) and the Trust with the support and funding from the Hatcher Animal Welfare Trust. The work on the garden started in March 2018 and was completed in May 2019. The garden opened in May 2019 with much publicity to DoCN customers and loyalty member databases plus on-site awareness resulting in 300 to 400 visitors per day during the summer. HRH Prince Charles and senior Duchy of Cornwall executive members visited the garden on the 16th July 2019.

Saving the Great Yellow Bumblebee This is a two-phase project to determine the current Great Yellow bumblebee (GYB) population status. Phase 1 started in April 2019 and aims to establish the current distribution and abundance of Great Yellow bumblebees in Scotland, increase knowledge of the needs of Great Yellow bumblebee and its use of the habitats where it is found, create more and better habitats for the GYB, develop key relationships with stakeholders in GYB areas, and increase the Trust’s influence within agricultural communities. The project is concentrating efforts on the Outer Hebrides, Caithness and Sutherland to address gaps, complement and build upon existing GYB conservation efforts. In 2019, a consultant ecologist was employed to carry out targeted surveys in NW Sutherland and directed more Conservation Officer time towards surveying in Caithness and parts of Sutherland, delivering landowner advice and training volunteers to identify and record bumblebees. Due to Covid-19 two survey training events had to be cancelled in March 2020.

Fowey Valley Bumblebee Project The project is a collaboration between the Trust, the University of Exeter, and a number of farmers and land managers in the upper Fowey Valley, Cornwall, primarily funded by the Prince of Wales’s Charitable Foundation. The project aims to trial the use of an innovative simulation model, BEE-STEWARD, to test and quantify how targeted changes in land management can impact on bumblebee populations at a landscape scale. This could potentially be used across the Trust to show farmers and land managers the results of any planned interventions in advance. Additional funding from Kelly’s of Cornwall was secured to boost the outreach in the project area. During 2019-2020, the project’s development phase mapped the trial area, liaised with landowners, and established six BeeWalk transects. A part- time project officer was employed, starting in February 2020, and the project was formally launched in Lostwithiel in February 2020. Project fieldwork was due to begin in March 2020, but was delayed by Covid-19.

West Country Buzz West Country Buzz is a project piloting Defra's Nature Recovery Network initiative. The Project aims to improve the fortunes of two of Devon’s rarest bumblebees, the Brown banded and Moss carder bees (B. muscorum), through a mixture of survey and monitoring, the provision of advice and support and habitat management and creation. In the 2019-2020 financial year the West Country Buzz project engaged with 39 landowners across 52 sites, each receiving in-depth management advice and follow-up support. 66 hectares of land new to the project was advised on and 30.6 ha of pollinator habitat was either created, or more appropriate management instigated on existing habitat. Ongoing advice was delivered on much of 1724 ha of

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REPORT TO THE TRUSTEES land advised on during the previous years of the project. The project area had 11 active BeeWalks in 2019-20, up from seven the previous year. 400 members of the public were engaged with at a wide variety of events and 15 farmers attended Farm Day workshops organised by the project in collaboration with facilitation fund groups. Two Beginners and one Intermediate bumblebee ID session were organised to help improve ID skills of local people and two practice “field sessions” were held to build on these new-found ID skills in the field. An additional Beginners ID session was run especially for National Trust staff within the project area.

Making a Buzz for the Coast (MaB) Now in its third year, this project covers 135 miles of the north Kent coast. With support from the National Lottery Heritage Fund and working with eight project partners, project staff work to provide and restore flower-rich habitat and stepping stones to connect nationally important bumblebee populations, and encourage greater public and volunteer involvement in the conservation, monitoring and public recognition of bumblebees. During 2019-2020 advice and direct support was given to over 60 landowners covering 510 hectares. Over the year 59 task days were provided for volunteers. The Trust employed two trainees in Conservation and Outreach for nine months to assist with MaB. The trainees learnt how to carry out surveys and monitoring and helped with public talks, walks and events. Over the year eight bumblebee and wild flower ID training events and field sessions were held, and 34 BeeWalks supported. Field training sessions and landowner engagement events included bumblebee training for partnership staff from Thames Water plc and Environment Agency. Community events and workshops were organised or attended, ranging from large three-day events such as Kent County Show to school workshops with 270 pupils, apple and cherry days at Brogdale National Fruit collection, to smaller events and fairs. The project also celebrated bumblebees through a poetry competition. During the year, the project engaged 6,134 people. MaB has 84 registered volunteers.

Pollinating the Peak (PtP) This project commenced in October 2017. It covers Derbyshire and some of the Peak District and is funded mainly by National Lottery Heritage. The project has a key focus on engagement and education and the Bilberry bumblebee. Project staff have developed the Bumblebee Education Experience (B.E.E), a free resource delivered in secondary schools in Derbyshire meeting the national curriculum and bringing bumblebees to the classroom. B.E.E. engaged with 1,655 students, in ten schools (including three special schools) and delivered over 50 classroom sessions. During 2019-2020, 40 volunteers regularly volunteered for the project amounting to over 172 days of volunteering time. These volunteers assist project staff with activities, including leading bee safaris, community talks, gardening events, practical habitat works, large scale events like RHS events and community stalls that are family friendly, accessible, engaging and educational. Some volunteers are now confident to attend and organise small events in their local areas independently. The project has engaged with over 5,130 people over 66 events. As a direct result from working with the project, partners like the Peak Park Authority and National Trust now include Bilberry bumblebee as a key species indicator in their management plans which helps towards the sustainability and legacy of creating more habitat for this species. The project team has also worked across the area to increase volunteer work days to provide additional habitat sites, including wildflowers areas at the headquarters of the Peak Park Authority and also inner-city parks like Markeaton Park in Derby. Work has also been done at Foston Hall and Sudbury prisons, which have improved their grounds for bumblebees after receiving land management advice and some training. Over 300 hectares of land have been improved for bumblebees. During 2019-2020 project staff trained 44 people in Bee ID. The training proved so successful that additional courses were run and included beginners and

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REPORT TO THE TRUSTEES intermediate training. Seven bee transects have now been set up across the Peak District in order to collect more Beewalk data for the area.

Pasture for Pollinators (Calon Wen) The Trust is working with six Calon Wen farmers in Wales who are leading a research project “Pasture for Pollinators”, looking at how they can stop and even reverse the decline of bumblebee populations by managing their pastures a little differently. The Project, which is funded through the European Innovation Partnership programme managed by Menter a Busnes, started at the beginning of 2018. The Trust is providing the technical expertise for the Project, and is monitoring pollinator populations across all farms. During 2019- 2020, Trust staff continued surveying across the six Calon Wen farms, and focused on collecting data on cut and uncut margins in ley fields (such as clover leys and herbal leys) with the aim of showing that small uncut margins can help to boost pollinator numbers on farms by providing a continuous source of flowers to forage on.

Pollinating the Levels The Living Levels Landscape Partnership Scheme, being led by RSPB, aims to reconnect people and communities to their landscape and provide a sustainable future for the Gwent Levels. ‘Pollinating the Levels’ is one project within the scheme. Working in partnership with Buglife, the Trust has engaged with 18 landowners/land managers and delivered 22.5 hectares of habitat improvement, with a further ten hectares of habitat advised on. Landowners/Land managers include farmers who are working together with RSPB on a Sustainable Farming Scheme which will inform sustainable land management across the levels. 18 new volunteers were recruited in 2019-2020, all saying that they are interested in surveying for Shrill carder bee in the Gwent levels.

Back from the Brink – Shrill carder Recovery Project In March 2020 the Shrill carder bee Project, which was part of the Rethink Nature Back from the Brink partnership programme, came to an end. Under this project, which was funded by the National Lottery Heritage Fund, the Trust worked collaboratively with Buglife to aim to ensure the future of the Shrill carder bee in Somerset and the Thames Gateway. In 2019-2020, the Trust and Buglife inspired 45 landowners to deliver 143 hectares of habitat for the Shrill carder bee in Somerset and Essex. 65 dedicated volunteers helped to survey some of the 90 sites visited during the project as a whole between July 2017 and March 2020. To showcase what can be done for the Shrill carder bee, two ‘Champion Sites’ were identified in March 2020 – the National Trust’s Lytes Cary Manor in Somerset, and RSPB’s Rainham Marshes in Essex. Case studies for these sites were published outlining what conservation work has been carried out, and how the impact of the work was measured. The project also produced a vital Shrill carder bee Conservation Strategy with the help of Natural England, Natural Resources Wales, RSPB, the Bees Wasps and Ants Recording Society and other partners and bumblebee experts across England and Wales. The Strategy was launched in July 2020. In addition to the Shrill carder bee Recovery Project, the Trust has been involved in other Back from the Brink projects including ‘Limestone’s Living Legacies’, which is led by Butterfly Conservation, based in the Cotswolds. Through this project Trust staff delivered a land management training workshop with local landowners and land managers and also ran a series of bumblebee identification training and practical field sessions for volunteers.

Further details of all of the Trust’s projects can be found on the Trust website.

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Inspiring and enabling a diverse range of people to take action for bumblebees

Engagement and outreach

Volunteer and staff events The Trust’s registered volunteer team has grown to over 1,100 individuals (not including BeeWalkers). Volunteers, often working with staff, represented the Trust at 423 outreach events during 2019-2020. Volunteers perform the bulk of the Trust’s public engagement activity and, during the reporting period shared their love and enthusiasm for bumblebees with over 30,000 people. These activities were split between training, surveys, safaris, talks, and appearances at gardening shows – with individual volunteers taking on activities which they felt best suited to.

Digital presence During the reporting period the Trust’s website was visited by 468,630 people, an increase of 30% over the previous year and received 1,165,491 page views, a 29% increase on the same period last year. Several sections of the website were redesigned, including the Learning Zone to include Curriculum based resources and the introduction of a Supporter spotlight to highlight the growing number of business members. The Trust’s social media following continued to expand with, at the end of March 2020, 56,000 Facebook followers (52,000 on 31 March 2019), 52,000 twitter followers (47,000 on 31 March 2019), and 42,000 Instagram followers (21,000 on 31 March 2019). In addition the Trust’s YouTube presence was revamped with a new commitment to posting new content on a fortnightly basis.

Publications A redesigned Bee ID poster was completed. A new fundraising pack was designed to be posted to individuals in a box with a cycling top, leaflet and sponsor information. The Bumble club member pack was redesigned in November 2019. Other notable publications included a Bumblebees of Kent leaflet, the Annual Report Summary 2019, and the BeeWalk Annual Report 2019.

Media coverage The Trust continued to attract significant media attention with over 500 items of coverage recorded. The BeeWalk 2018 results, released in May 2019, and the Great Yellow bumblebee hunt were widely reported in national and local newspapers and magazines, and on broadcast media. There has been a rise in fact-checking queries from journalists indicating the Trust is increasingly seen as an authoritative source of information on bumblebees and other wild pollinators.

Education In addition to delivering the Bumblebee Education Experience, the Trust has also been expanding its education provision in other areas. There are number of curriculum-linked teaching resources available to download from the Trust’s website. Topics include the evolution of bumblebees and how climate can affect bumblebees. This content is supported by a number of YouTube videos. The Trust has also been developing a new education tool, the ‘What’s that bumblebee’ app, which offers a beginner’s guide to the common bumblebees of the UK and the opportunity to engage with bumblebees anywhere, through augmented reality.

General enquiries In 2019-2020, the Trust’s enquiries team responded to 2,421 emails. In January 2020, the team was expanded to include two part-time enquiries assistants, each working one day a week. Staff took steps to add to the frequently asked questions section on the website, planned in strategically timed social media posts to help pre-empt queries and provided more

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REPORT TO THE TRUSTEES detailed advice about nests in automatic replies rather than responding to every nest email. Over 500 phone calls werereceived, each dealing with specific advice. The team implemented a new system for logging calls which will provide better detail on calls received each month and the amount of time spent handling telephone enquiries. Enquiries staff have also increased their involvement in the ever-growing number of queries, often related to bee identification, which arrive by social media.

Creating a Buzz Around Our Story The Trust received funding from the National Lottery Heritage Fund in Summer 2019 to undertake a project aimed at better understanding and engaging with diverse audiences. The project involved working with Audience Insight consultants and making improvements in both monitoring and evaluation of engagement activities.

Partnerships and business

Business Participators The private sector has seen a growing movement of social enterprise and businesses thinking about how they can contribute to the sustainable development goals and pollinator strategies in both their mainstream business and Corporate Social Responsibility (CSR). Businesses of all sizes work with the Trust to offer support through donations and agreements mainly from sales of their products.

Business consultancies The Trust delivers a business consultancy service for those businesses with long term ambitions to help pollinators through their work. In 2019-2020 consultancies included: A six-year partnership between Redrow Homes and the Trust helps ensure that Redrow’s future housing developments are better for nature, better for the health and wellbeing of home owners, better for pollinators, and better for future generations. In 2019-2020, the Trust and Redrow along with the London Wildlife Trust worked on a Biodiversity strategy to take their ambitions to improve nature on their developments to the next level. The Trust has worked closely with the Redrow Team to produce simple animated videos to engage families in helping and supporting nature in their new homes. Chartwells Independent are the longest standing, specialist provider of quality catering, dedicated to the requirements of independent schools. The partnership between the Trust and Chartwells Independent was created to introduce students to pollination and the work of bees – bumblebees in particular. The consultancy focuses on meals for students with pollinated ingredients backed up by science lessons and presentations about bumblebees and pollinators generally.

Creating an effective and sustainable organisation

Fundraising and membership

Fundraising Strategy The Trust needs regular, sustainable funding to enable it to plan and carry out its core activities. In addition, it needs funding for the many new exciting project opportunities that continue to arise. The Trust has in place an integrated fundraising strategy that will increase and diversify its income streams to support both core and project work. The grant from the Postcode Green Trust continues to facilitate the implementation of this approach. The strategy has focused on increasing regular income through increasing and improving retention of individual and business memberships, increasing legacies and business fundraising. It will also seek to build

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BUMBLEBEE CONSERVATION TRUST (A COMPANY LIMITED BY GUARANTEE)

REPORT TO THE TRUSTEES on recent successes in funding of large-scale projects, through continued partnership with the National Lottery Heritage Fund, charitable trusts and other key funders.

Fundraising Approach The Trust aims to build lasting relationships with funders and supporters, and to give all those who donate to the Trust a positive experience and ensure they are made to feel appreciated and valued. The Trust works within the regulations brought in through the Charities Act 2016 to demonstrate commitment to protecting donors and the public, including vulnerable people, from poor fundraising practice. The Trust is committed to being open and transparent about how supporters’ donations are used and why they are needed and is registered the fundraising regulator. During 2019-2020 the Trust received no complaints about the way fundraising was carried out. The Trust carried out all fundraising in house and no external fundraisers were used. The Trust complied with the Data Protection Act 1998 (with amendments) and the General Data Protection Regulations (GDPR) 2018 and there were no reportable issues. The Trust also complies fully with the Information Commissioner’s guides and code.

Membership Whilst new member numbers remained static in 2019-2020 with approximately 1,700 new members joining over the period, retention rates improved so that total membership increased from 6,670 to 7,382. This improvement in retention can be attributed to a growing core base of committed members and a reassessment of the membership offering in 2019-2020. Renewals are actively managed with a three-tier strategy meaning everyone is given the opportunity to renew on a number of occasions. A large number of members have now changed their communication preferences to paperless meaning that savings were made in costs such as Buzzword Magazine printing and posting. 2,871 of the total membership of 7,382 now receive their membership magazine and renewals by email.

Postcode Green Trust The Trust is currently in receipt of a three year grant (2018 to 2020) from the Postcode Green Trust which invests in core infrastructure. Three staff members covering fundraising and public engagement are funded through the award. The award has supported the implementation of a new organisational strategy, assisted improvements in financial stability, and permitted back office system changes to ensure they are fit for purpose.

Financial Review

Overall, total income for the year 2019-2020 was £1,866,296 compared to £1,629,659 in 2018- 2019 and total expenditure was £1,599,450 compared to £1,398,624 in 2018-2019.

Unrestricted income increased from £716,211 in 2018-2019 to £828,820 in 2019-2020. This was mainly due to increases of £111,123 in income from business partners, £46,684 in donations and gifts, £50,499 increase in receipts from charitable trusts, offset by a significant decrease in receipts from legacies.

Unrestricted expenditure in 2019-2020 increased to £571,606 from £463,338 in 2018-2019. This is primarily due to an increase in staff costs arising from a larger core team required to sustain the Trust and support project delivery, which was partially offset by an increase in full cost recovery from projects. Significant investment in the Trust’s technology infrastructure and hardware also contributed to the increase in expenditure compared to 2018-2019.

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REPORT TO THE TRUSTEES

Restricted income rose from £913,448 in 2018-2019 to £1,037,476 in 2019-2020. Significant projects continued during the year, such as Making a Buzz for the Kent Coast and Pollinating the Peak, with new projects such as Creating a Buzz Around Our Story starting the delivery phase within the financial year. Similarly, restricted expenditure also increased from £935,286 in 2018-2019 to £1,027,844 in 2019-2020 reflecting the work being undertaken on these projects.

Overall, funds increased by £266,846, £257,214 of which relates to a surplus on unrestricted funds and £9,632 relates to a surplus in restricted funds in the period. The balance of unrestricted funds held by the Trust as at 31 March 2020 was £302,704 and, in line with the Reserves Policy, designated reserves of £599,063. Restricted fund balances were £244,588 made up of balances to be utilised on specific projects in future years.

Reserves Policy Charities are required to have a reserves policy to show that they have sufficient reserves to continue to meet their obligations and to show that excess reserves are not being held.

Trustees have reviewed the reserves policy and agreed to hold four categories of reserve: 1. A “safety reserve” to cover budget variances, to allow contingency actions to be effected, and to provide a buffer for more radical action in the event of a more serious or more sustained variance than anticipated; 2. An “underwriting reserve” to enable projects to proceed pending receipt of other funding; 3. A “project funding reserve” to enable co-funding of projects that help the Trust achieve its strategic aims; and 4. A “general reserve”, reflecting the balance of unrestricted income. This balance will be used at the discretion of the Trustees to pursue the aims of the Trust’s agreed strategy.

Trustees reviewed the Reserves Policy in May 2020 and approved the allocation of unrestricted fund balances as at 31 March 2020 year-end as follows: Safety Reserve: £300,000 (2019: £180,000), this has been increased to allow for the economic uncertainties arising from Covid-19; Underwriting Reserve £56,000 (2019: £nil); Project Funding Reserve £243,063 (2019: £nil); Special Reserve: £nil (2019: £457,182); and General Reserve: £302,704 (2019: £39,403). The General Reserve will be used to support the growth of the Trust, in particular to enable the continuation of key support staff contracts when their current funding out of restricted grant income ceases.

Investment Policy Trustees have the power to invest in such assets as they see fit. Given their obligations to safeguard the resources of the Trust, Trustees will consider options for investment primarily on the basis of the security of the investment and only then will they consider access to funds (liquidity) and the return of offer (yield). At 31st March 2020, the charity held cash balances of £996,402 (2019: £835,341). Several of the Trust’s funders provide grant funding in advance of expenditure being incurred and funds were held in cash to meet those cash flow requirements. Other funds were held to ensure that expenditure could be met pending receipt of income in respect of Funders who settle in retrospect. During the 2019-2020 financial year, funds were held on deposit among various financial institutions and no funds were held on investment.

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REPORT TO THE TRUSTEES

Legacy gifts

Much of the Trust’s successful conservation and science work is underpinned by the generosity of supporters who have left a gift in their will. All gifts, whatever their size, are hugely valuable, making a lasting difference to bumblebee conservation. The Trust is very grateful to generous benefactors for gifts received during 2019-2020.

Going concern The Trustees’ assessment of the Trust’s ability to continue as a going concern is based on consideration of forecasts and projections that have been updated for the next two years to take account of the anticipated effects of Covid-19. The Trustees consider that the Trust has adequate resources to remain in operation for the foreseeable future. Accordingly, the Trustees have therefore continued to adopt the going concern basis in preparing the financial statements.

Risk management Alongside the five-year strategic plan all risks were re-considered throughout the year and scenarios created to ensure that risks were considered in depth and with a fresh approach rather than just a review of established risks. The Trust also looked at risks further ahead than the next 12 months, for example establishing project planning timelines, and assessing the risks of funding streams, now regular papers at board meetings. Looking further ahead, the Trust is continuing to monitor the risk of insufficient income to meet core costs with the new fundraising strategy exploring new income streams to mitigate this risk. Towards the end of the reporting period the Trust also began to consider risk associated with Covid-19.

Staff health and wellbeing is a focus and the Trust has implemented a free counselling helpline that staff can access at any time, and, with support from the manager, can also be provided with face to face counselling. Focused work plans, linked to the new Strategy, are now in place for all staff with key objectives that feed directly into the delivery of the overall strategic plan giving staff a real sense of achievement in the growth and success of the Trust. Training in mental health support is embedded in the Trust for all staff.

The Trust has procedures in place to comply with the requirements of GDPR. Nevertheless, as with all organisations, there remains a risk of data breach and the Trust continues to monitor and improve its processes to ensure that such risks are mitigated. Eight GDPR issues were resolved in house during 2019-2020. None were reportable to the ICO.

Plans for the Future

The Trust will continue to implement the 2019-2024 Strategy published on the Trust’s website whilst adapting to challenges raised by the Covid-19 pandemic.

Direct impacts from Covid-19 Extensions have been sought and obtained for the Trust’s two largest projects which were both due to end in 2020. Pollinating the Peak will now run until Autumn 2021, and Making a Buzz for the Coast until Spring 2021 following the cancellation of most Summer 2020 events. A consultant ecologist was contracted to survey the Outer Hebrides for Great Yellow bumblebees during the Summer of 2020. This work will now take place in Summer 2021. The Skills for Bees Cymru project funded by the Moondance Foundation, aimed at supporting BeeWalkers and extending

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REPORT TO THE TRUSTEES

BeeWalk coverage in Wales, scheduled to begin in spring 2020 has been delayed to 2021. Fowey Valley Bumblebee Project fieldwork was due to begin in March 2020, but was delayed to June 2020.

Other plans The Trust continues to develop creative projects to meet the vision and mission. During 2020- 2021 the Trust will continue to work with Rethink Nature partners and other organisations to develop two major species conservation projects; Species on the Edge in Scotland, and Natur Am Byth in Wales, successor projects to Pollinating the Peak and Making a Buzz for the Coast, as well as a number of smaller projects. In order to strengthen its senior leadership team, in 2020, the Trust has appointed a Head of Finance and, with support from the Esmée Fairbairn Foundation, a Head of Conservation and Science and an Executive Support Officer. The Trust continues to seek to develop links with businesses and other organisations for the benefit of bumblebees and has a number of partnerships in the pipeline for 2020-2021.

Structure, Governance and Management

The Trust is a company limited by guarantee and was incorporated on 10 November 2005 as amended by special resolutions dated 8 June 2006 and is governed by its Memorandum and Articles of Association. Following the resolution at the AGM in 2017, it was approved by the members that the Articles be amended to follow updated Charity Commission model guidance. The Trust was registered with the Charity Commission (England and Wales) on 31 July 2006 and with the Office of the Scottish Charity Regulator on 28 December 2011.

The Trustees, who are also the Directors for the purpose of company law, and who served during the period from 1 April 2019 to the date the financial statements were approved were as follows:

Prof Peter Hollingsworth Les Moore John Sanders Stuart Roberts Nick Mann Prof Lena Wilfert Phill Jennison (resigned 27th August 2019) Vicky Wilkins (resigned 11th March 2020) Dr Natasha de Vere Zuleika Brett Appointed 19th October 2019 Beth O’Sullivan Appointed 19th October 2019 Robert Alexander Appointed 19th October 2019 and resigned 21st November 2019 Blake Gaffney Appointed 13th March 2020

Senior Staff Gill Perkins Chief Executive Officer

Board of Trustees The Directors of Bumblebee Conservation Trust are also charity Trustees for the purposes of charity law and under the Company's articles are also the Members. Under the requirements of

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BUMBLEBEE CONSERVATION TRUST (A COMPANY LIMITED BY GUARANTEE)

REPORT TO THE TRUSTEES the Memorandum and Articles of Association, Trustees agree to a fixed term of office of three years which can be extended by re-election.

The Trust’s work focuses on the conservation of bumblebees and the creation of their flower-rich habitat both in urban and rural landscapes. Due to the specialised nature of its work, the Trustee board is made up of individuals with experience in this and allied fields. The Trust actively encourages the input and support of other professionals, either as volunteers or potential Trustees, through its network of partners on the ground and via the scientific community. The more traditional business, finance, human resources and management skills needed to run a charity are also represented on the Board. The Trust has a structure of standing committees comprising Conservation & Science, Finance, and HR & Remuneration.

Recruitment of Trustees is carried out with reference to the Charity Commission's and OSCR’s guidelines. Trustees are co-opted by the Board during the course of the year or are appointed at the Annual General Meeting (AGM) by ordinary resolution. Co-opted Trustees appointed by the Board hold office until the following AGM at which they are subject to formal appointment. Trustees have taken regular steps to find out about their legal requirements, by keeping up to date with relevant guidance and taking appropriate advice when needed.

None of the Directors has any beneficial interest in the company. All of the Directors are members of the company and guarantee to contribute £1 in the event of a winding up.

Organisational Structure The Trust’s Board of Trustees normally holds four ordinary meetings per year to discuss a range of business activities and issues and to monitor progress. Trustees set the overall strategy of the Trust and work with the CEO to develop policy, as well as oversee and monitor business activities. The CEO is responsible for the day-to-day running of the charity.

Staffing At the time of writing this report a total of 44 staff are employed by the Trust. 22 work part time and 22 full time. The Trust’s staff are mainly located in two offices, in Stirling (the Head Office) and in Eastleigh (the Registered Office). The Trust rents two further offices, one in Chesterfield, Derbyshire for the Pollinating the Peak project staff and one in Sittingbourne in Kent for the Making a Buzz for the Coast project staff. Most of the Conservation and Science staff work remotely with a number ‘hot-desking’ at partners’ offices. Due to Covid-19 all staff are currently working from home with carefully assessed risks for office visits.

Pay and Remuneration The Trust is committed to ensuring that staff are paid fairly and in a way that attracts and retains the right skills to have the greatest impact in delivering its charitable objectives. In line with the Trust’s Remuneration Policy, pay bands and salary increments continue be reviewed against a number of other NGOs and using benchmarking tools widely available in the voluntary sector. Trustees are not remunerated but are reimbursed for reasonable out of pocket expenses.

Summary of measures used to assess performance The Trust has continued the process of assessing its performance in key areas. Following on from the production of the new Strategic Plan, the Trust has developed a number of key performance indicators (KPIs) that will be used in future years to monitor performance of the

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BUMBLEBEE CONSERVATION TRUST (A COMPANY LIMITED BY GUARANTEE)

REPORT TO THE TRUSTEES implementation of the Plan. The Strategic plan is reviewed annually in October by the Management Team who report to the November Board meeting. Lower level performance indicators have been produced for teams and staff members, which feed into the main KPIs, thus providing a link between staff targets and achievement of the Trust’s overall objectives. The Trust has regular management, team meetings and individual meetings between members of staff and their line manager within which performance in key areas is assessed.

The Trust’s Staff The Trust has implemented an annual staff satisfaction survey and also gathers feedback following full team meetings. The survey provides a steer to managers and Trustees where there are areas requiring improvement. The Trust also provides regular training through various channels – online, conferences, in-house. Staff taking advantage of the training offered, and feeding back on training they would like, is monitored and assessed at one-to-one meetings. The Trustees wish to pay tribute to the Trust’s staff for their commitment, dedication and achievements during the past year.

The Trust’s Beneficiaries The Trust has a procedure for capturing and responding to complaints. 9 complaints were received in 2019-2020 all of which were dealt with on initial contact and closed satisfactorily. There were no notifiable events to the Information Commissioner’s Office. The Trust provides an annual member survey and gains feedback from members it has contact with at shows and events. The Trust’s AGM provides a session for members to respond to the Trust’s annual report and to provide feedback on the Trust’s performance and future ambitions.

The Trust’s Supporters The Trust is extremely grateful to those individuals and organisations who so generously supported the charity. The Trust would like to thank the following major financial donors and supporters for their support during 2019-2020:

• Animal Friends Insurance • Enchanted Forest Community Charitable Trust • Henry C Hoare Charitable Trust • John Ellerman Foundation • Kent Wildlife Trust • Menter a Busnes • Moondance Foundation • National Lottery Heritage Fund • Natural England • Postcode Green Trust, thanks to the players of the People's Postcode Lottery • Redrow Homes Limited • Scottish Natural Heritage • Thames Water • The Banister Charitable Trust • The Cadogan Charity • The Late Dr Jane Tyrer Trust Fund • The Margaret Kathleen Vivian Will Trust • The Montague-Panton Animal Welfare Trust

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REPORT TO THE TRUSTEES

• The Perivoli Philanthropy • The Plum Trust • The Prince of Wales Charitable Foundation

The Trust would also like to take this opportunity to thank its valued members, volunteers, individual donors, and the small businesses and grant making trusts who have supported its work during 2019-2020.

Auditor In accordance with the company’s articles, a resolution proposing that Johnston Carmichael LLP be reappointed as auditor of the company will be put to a General Meeting.

Disclosure of information to auditor Each of the Trustees has confirmed that there is no information of which they are aware which is relevant to the audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the auditor is aware of such information.

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

The Trustees’ Report was approved by the Board of Trustees.

…………………………………. Prof Peter M. Hollingsworth

Chair of the Trustees

Dated: …………………………25 November 2020

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BUMBLEBEE CONSERVATION TRUST (A COMPANY LIMITED BY GUARANTEE)

Statement of Trustees’ Responsibilities

The Trustees, who are also the Directors of Bumblebee Conservation Trust for the purpose of company law, are responsible for preparing the Trustees’ Report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare accounts 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 year.

In preparing these accounts, the Trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charities SORP 2019 (FRS 102); - make judgements and estimates that are reasonable and prudent; - state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the accounts; and - prepare the accounts on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.

The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the accounts comply with the Companies Act 2006, the Charities and Trustees Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 and the Charities Act 2011. 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.

The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website. Legislation in the United Kingdom governing the preparation and dissemination of accounts may differ from legislation in other jurisdictions.

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BUMBLEBEE CONSERVATION TRUST (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT AUDITOR'S REPORT

TO THE TRUSTEES AND MEMBERS OF BUMBLEBEE CONSERVATION TRUST

Opinion We have audited the financial statements of Bumblebee Conservation Trust (the 'charitable company') for the year ended 31 March 2020 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and notes to the financial statements including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

- give a true and fair view of the state of the charitable company's affairs as at 31 March 2020 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and - have been prepared in accordance with the requirements of the Companies Act 2006, the Charities Act 2011, the Charities and Trustee Investment (Scotland) Act 2005 and regulation 8 of the Charities Accounts (Scotland) Regulations 2006.

Basis for opinion We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern We have nothing to report in respect of the following matters in relation to which the ISAs (UK) require us to report to you where:

- the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is not appropriate; or - the trustees’ have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the charitable company’s ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue.

Other information The trustees are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

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BUMBLEBEE CONSERVATION TRUST (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT AUDITOR'S REPORT (CONTINUED)

TO THE TRUSTEES AND MEMBERS OF BUMBLEBEE CONSERVATION TRUST

Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit:

- the information given in the trustees' report (incorporating the directors' report) for the financial year for which the financial statements are prepared is consistent with the financial statements; and - the directors' report has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception In the light of our knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees' Report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006, the Charities (Accounts and Reports) Regulations 2008 and the Charities Accounts (Scotland) Regulations 2006 requires us to report to you if, in our opinion: - the charitable company has not kept proper and adequate accounting records, or returns adequate for our audit have not been received from branches not visited by us; or - the financial statements are not in agreement with the accounting records and returns; or - certain disclosures of trustees' remuneration specified by law are not made; or - we have not received all the information and explanations we require for our audit; or - the trustees were not entitled to take advantage of the small companies exemption in preparing the directors' report and take advantage of the small companies exemption from the requirements to prepare a strategic report.

Responsibilities of trustees As explained more fully in the statement of trustees' responsibilities, set out on page 20, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements We have been appointed as auditor under section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005, under Section 144 of the Charities Act 2011 and under the Companies Act 2006 and report in accordance with regulations made under those Acts.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also:

- Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

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BUMBLEBEE CONSERVATION TRUST (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT AUDITOR'S REPORT (CONTINUED)

TO THE TRUSTEES AND MEMBERS OF BUMBLEBEE CONSERVATION TRUST

- Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the charitable company’s internal control. - Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the trustees. - Conclude on the appropriateness of the trustees’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the charitable company’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the charitable company to cease to continue as a going concern. - Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

Use of our report This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and to the charitable company's trustees, as a body, in accordance with Regulation 10 of the Charities Accounts (Scotland) Regulations 2006 and in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charitable company's members and its trustees those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company, the charitable company's members as a body and the charitable company's trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Keith Macpherson (Senior Statutory Auditor) for and on behalf of Johnston Carmichael LLP 1...... December 2020

Chartered Accountants Statutory Auditor 227 West George Street GLASGOW G2 2ND

Johnston Carmichael LLP is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006

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BUMBLEBEE CONSERVATION TRUST (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2020

Unrestricted Unrestricted Restricted Total Total funds funds funds 2020 2019 general designated Notes £ £ £ £ £ Income from: Donations and legacies 3 773,376 - 1,034,251 1,807,627 1,556,739 Charitable activities 4 27,352 - 605 27,957 51,915 Other trading activities 5 22,797 - 2,620 25,417 17,917 Investments 6 5,295 - - 5,295 3,088

Total income 828,820 - 1,037,476 1,866,296 1,629,659

Expenditure on: Raising funds 7 100,197 - 41,902 142,099 142,408 Charitable activities 8 471,409 - 985,942 1,457,351 1,256,216

Total expenditure 571,606 - 1,027,844 1,599,450 1,398,624

Net income 257,214 - 9,632 266,846 231,035

Transfers between funds 6,087 (38,119) 32,032 - -

Net movement in funds 263,301 (38,119) 41,664 266,846 231,035

Reconciliation of Funds Fund balances at 1 April 2019 39,403 637,182 202,924 879,509 648,474

Fund balances at 31 March 2020 302,704 599,063 244,588 1,146,355 879,509

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

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BUMBLEBEE CONSERVATION TRUST (A COMPANY LIMITED BY GUARANTEE) BALANCE SHEET

AS AT 31 MARCH 2020

2020 2019 Notes £ £ £ £

Fixed assets Tangible assets 13 10,836 29,412

Current assets Stocks 14 10,891 6,569 Debtors 15 341,404 171,786 Cash at bank and in hand 996,402 835,341

1,348,697 1,013,696 Creditors: amounts falling due within 16 one year (213,178) (163,599)

Net current assets 1,135,519 850,097

Total assets less current liabilities 1,146,355 879,509

The funds of the charity: Restricted funds 19 244,588 202,924

Unrestricted funds - designated Safety reserve 21 300,000 180,000 Underwriting reserve 21 56,000 - Special reserve 21 - 457,182 Project funding 21 243,063 -

599,063 637,182

Unrestricted funds - general 302,704 39,403

1,146,355 879,509

The accounts were approved by the Trustees on ...... 25 November 2020 and authorised for issue by

...... Prof Peter M Hollingsworth Trustee

Company Registration No. 05618710

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BUMBLEBEE CONSERVATION TRUST (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 31 MARCH 2020

2020 2019 Notes £ £ £ £

Cash flows from operating activities Cash generated from operations 24 155,766 277,491

Investing activities Purchase of tangible fixed assets - (38,700) Interest received 5,295 3,088

Net cash generated from/(used in) investing activities 5,295 (35,612)

Net cash used in financing activities - -

Net increase in cash and cash equivalents 161,061 241,879

Cash and cash equivalents at beginning of year 835,341 593,462

Cash and cash equivalents at end of year 996,402 835,341

Relating to: Cash at bank and in hand 996,402 835,341

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BUMBLEBEE CONSERVATION TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2020

1 Accounting policies

Company information Bumblebee Conservation Trust is a private company limited by guarantee incorporated in England and Wales. The registered office is Lakeside Country Park, Wide Lane, Eastleigh, HAMPSHIRE, SO50 5PE and the business address is Beta Centre, Stirling University Innovation Park, Stirling, FK9 4NF.

1.1 Accounting convention These accounts have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“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), the Companies Act 2006, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 and the Charities Act 2011.

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

The financial statements are prepared in sterling, which is the functional currency of the charitable company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The company has availed itself of section 396 of the Companies Act 2006, as permitted in paragraph 4(1) of Schedule 1 of SI 2008 no 409, and adapted the Companies Act formats to reflect the special nature of its charitable activities.

1.2 Going concern At the time of approving the accounts, the trustees have a reasonable expectation that the charitable company has adequate resources to continue in operational existence for at least the next 12 months. Thus the directors continue to adopt the going concern basis of accounting in preparing the accounts.

1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes.

Designated funds are those which have been allocated from the unrestricted funds of the charity by the Trustees to fulfil certain purposes. There are no legal or constructive restrictions on these funds and they can be allocated to different uses at the discretion of the Trustees.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the accounts.

1.4 Income Income is recognised when the charitable company is entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Income is represented by invoices issued, grants and other monies received in the course of the company's ordinary activities during the year.

Cash donations are recognised on receipt. Other donations are recognised once the charitable company has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

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BUMBLEBEE CONSERVATION TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2020

1 Accounting policies

Income from legacies is recognised when there is sufficient evidence that a gift has been left to the charity and the executor of the estate has expressed satisfaction that the assets so gifted are not required to satisfy claims on the estate.

Deferred income represents grants received in the current financial year for future periods. This is released to income in the period in which the charity becomes entitled to it.

Membership income, including life subscriptions, is recognised when receivable.

Income from trading activities includes income earned from fundraising events and trading activities to raise funds for the charity. Income is received in exchange for supplying goods and services in order to raise funds and is recognised when entitlement has occurred.

Charitable activities relates to consultancy income and book sales and is recognised on receipt unless performance conditions require deferral of the amount.

1.5 Expenditure Liabilities are recognised as expenses as soon as there is legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category and include irrecoverable VAT.

Raising funds comprise all costs associated with generating income from all sources, including donations, other than from undertaking charitable activities.

Charitable expenditure is incurred in pursuance of the charity's principal objects and as set out in the directors' report.

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities.

1.6 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:

Plant and machinery 20% straight line Fixtures, fittings & equipment 33% straight line

Assets in the course of construction are not depreciated.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year.

1.7 Stocks Stocks are stated at the lower of cost and net realisable value.

Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution.

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BUMBLEBEE CONSERVATION TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2020

1 Accounting policies

1.8 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks and other short-term liquid investments with original maturities of three months or less.

1.9 Financial instruments The charitable company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charitable company's balance sheet when the charitable company becomes party to the contractual provisions of the instrument.

Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are measured at transaction price including transaction costs.

Derecognition of financial assets Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the charitable company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Basic financial liabilities Basic financial liabilities, including creditors are recognised at transaction price.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less.

Derecognition of financial liabilities Financial liabilities are derecognised when the charitable company’s contractual obligations expire or are discharged or cancelled.

1.10 Employee benefits The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

1.11 Retirement benefits The charitable company operates a defined contribution pension scheme. Contributions are charged in the accounts as they become payable in accordance with the rules of the scheme.

1.12 Leases Rentals payable under operating leases, including any lease incentives received, are charged to expenditure on a straight line basis over the term of the relevant lease.

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BUMBLEBEE CONSERVATION TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2020

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

The trustees believe that there are no such critical accounting estimates or judgements.

3 Donations and legacies

Unrestricted Restricted Total Total funds funds 2020 2019

£ £ £ £

Donations and gifts 474,816 295,427 770,243 453,571 Legacies receivable 88,499 - 88,499 202,000 Grants receivable - 738,824 738,824 702,419 Membership fees 210,061 - 210,061 198,749

773,376 1,034,251 1,807,627 1,556,739

For the year ended 31 March 2019 Donations and gifts 245,855 207,716 453,571 Legacies receivable 202,000 - 202,000 Grants receivable - 702,419 702,419 Membership fees 198,749 - 198,749

646,604 910,135 1,556,739

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BUMBLEBEE CONSERVATION TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2020

4 Charitable activities

2020 2019 £ £

Consultancy income 17,972 24,901 Book sales 9,985 27,014

27,957 51,915

Analysis by fund Unrestricted funds - general 27,352 Restricted funds 605

27,957

For the year ended 31 March 2019 Unrestricted funds - general 50,539 Restricted funds 1,376

51,915

5 Other trading activities

Unrestricted Restricted Total Total funds funds 2020 2019 general £ £ £ £

Fund generation income 22,797 2,620 25,417 17,917

For the year ended 31 March 2019 15,980 1,937 17,917

6 Investments

Unrestricted Total Total funds 2020 2019 general £ £ £

Interest receivable 5,295 5,295 3,088

For the year ended 31 March 2019 3,088 3,088

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BUMBLEBEE CONSERVATION TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2020

7 Raising funds

Unrestricted Restricted Total Total funds funds 2020 2019 general £ £ £ £

Fundraising and publicity Fundraising and publicity costs 23,280 1,153 24,433 26,068 Staff costs 73,815 40,749 114,564 112,990

97,095 41,902 138,997 139,058

Trading costs Other trading activities 3,102 - 3,102 3,350

100,197 41,902 142,099 142,408

For the year ended 31 March 2019 Fundraising and publicity 99,223 39,835 139,058 Trading costs 1,818 1,532 3,350

101,041 41,367 142,408

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BUMBLEBEE CONSERVATION TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2020

8 Charitable activities

2020 2019 £ £

Staff costs 904,249 803,851 Depreciation and losses on disposal 18,576 35,688 Local projects and events costs 21,722 51,080 Land management 48,757 7,285 Printing, postage, stationery and computer expenses 48,573 40,299 Consultancy, professional and paypal fees 115,736 59,016 Professional subscriptions 4,036 4,424 Staff training and travelling expenses 76,383 72,185 Voluntary services 9,565 4,385 Equipment 8,987 16,658 Publicity and advertising 17,195 17,614 Rent, rates, insurance and premises expenses 33,718 20,965 Telephone and internet 21,119 8,239 Recruitment and payroll expenses 716 - Sundry expenses 7,396 101

1,336,728 1,141,790

Support costs (see note 9) 100,570 92,528 Governance costs (see note 9) 20,053 21,898

1,457,351 1,256,216

Analysis by fund Unrestricted funds - general 471,409 Restricted funds 985,942

1,457,351

For the year ended 31 March 2019 Unrestricted funds - general 362,297 Restricted funds 893,919

1,256,216

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BUMBLEBEE CONSERVATION TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2020

9 Support costs Support Governance 2020 2019 Basis of costs costs allocation

£ £ £ £

Rent, rates, insurance and premises 26,238 - 26,238 30,742 Direct expenses Printing, postage, stationery and 33,304 - 33,304 10,684 Direct computer expenses Telephone and internet 5,533 - 5,533 9,797 Direct Staff training and travelling expenses 15,392 8,040 23,432 29,948 Direct Equipment 3,319 - 3,319 5,778 Direct Publicity and advertising 120 - 120 669 Direct Recruitment and payroll expenses 4,265 - 4,265 5,744 Direct Consultancy, professional and paypal 6,323 - 6,323 8,249 Direct fees Sundry expenses (10) - (10) 241 Direct Legal and professional fees 6,086 - 6,086 478 Direct Audit fees - 7,530 7,530 7,380 Direct Board and governance costs - 4,483 4,483 4,716 Governance

100,570 20,053 120,623 114,426

Analysed between Charitable activities 100,570 20,053 120,623 114,426

10 Auditor's remuneration

The analysis of auditor's remuneration is as follows: 2020 2019 £ £

Audit of the annual accounts 7,530 7,380

11 Trustees

None of the trustees (or any persons connected with them) received any remuneration during the year, but expenses were reimbursed to 7 of the directors for the amount of £3,580 (2019 - 7 of the directors for the amount of £3,004) for travelling expenses paid on behalf of the charity.

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BUMBLEBEE CONSERVATION TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2020

12 Employees

Number of employees The average monthly number of employees during the year was: 2020 2019 Number Number

Charitable and support 41 38

Employment costs 2020 2019 £ £

Wages and salaries 883,408 804,538 Social security costs 64,909 55,144 Employers contributions to defined contribution pension schemes 70,496 57,159

1,018,813 916,841

There were no employees whose annual remuneration was £60,000 or more.

13 Tangible fixed assets Plant and Fixtures, Total machinery fittings & equipment £ £ £ Cost At 1 April 2019 38,700 10,130 48,830

At 31 March 2020 38,700 10,130 48,830

Depreciation and impairment At 1 April 2019 9,288 10,130 19,418 Depreciation charged in the year 18,576 - 18,576

At 31 March 2020 27,864 10,130 37,994

Carrying amount At 31 March 2020 10,836 - 10,836

At 31 March 2019 29,412 - 29,412

14 Stocks 2020 2019 £ £

Finished goods and goods for resale 10,891 6,569

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BUMBLEBEE CONSERVATION TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2020

15 Debtors 2020 2019 Amounts falling due within one year: £ £

Other debtors 333,720 152,056 Prepayments 7,684 19,730

341,404 171,786

16 Creditors: amounts falling due within one year 2020 2019 £ £

Other taxation and social security 16,574 17,783 Deferred income 17 67,386 100,750 Trade creditors 110,762 26,107 Other creditors 9,497 10,556 Accruals 8,959 8,403

213,178 163,599

17 Deferred income

2020 2019 £ £

Total deferred income at 1 April 2019 100,750 69,750 Amounts credited to statement of financial activities (100,750) (69,750) Amounts deferred in the year 67,386 100,750

Total deferred income at 31 March 2020 67,386 100,750

Deferred income represents grants received in the current and previous years for which entitlement to the income arises in future accounting periods.

18 Retirement benefit schemes

Defined contribution schemes The charitable company operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charitable company in an independently administered fund.

The charge to statement of financial activities in respect of defined contribution schemes was £70,496 (2019 - £57,159).

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BUMBLEBEE CONSERVATION TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2020

19 Restricted funds

The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:

Movement in funds Balance at 1 Income Expenditure Transfers Balance at 31 April 2019 March 2020 £ £ £ £ £

Back from the Brink 115 32,488 (34,231) - (1,628) BeeWalk 15,000 8,340 (51,371) 28,139 108 BeeWalk Cymru - 96,528 - - 96,528 Creating a Buzz around our Story - 45,257 (51,147) - (5,890) Defra UK Pollinator and Research Partnership - - (220) - (220) Field of Dreams 8,509 - (8,661) 152 - Great Yellow Bumblebee Genetics - 1,000 - - 1,000 Living Levels (Delivery Phase) - 6,057 (6,056) - 1 Making a Buzz for the Coast (Delivery Phase) 30,852 284,980 (310,839) - 4,993 Pasture for Pollinators - 12,011 (11,697) - 314 Polli:info 3,553 1,000 (4,553) - - Pollinating the Fowey Valley (Delivery Phase) - 35,062 (2,639) - 32,423 Pollinating the Peak (Delivery Phase) 90,650 216,839 (272,143) - 35,346 Restricted donations - 250 (250) - - Saving the Great Yellow Bumblebee 33,342 45,624 (53,601) - 25,365 Scotland Conservation Activities - 8,900 (6,145) - 2,755 Short-haired bumblebee reintroduction 19,349 32,539 (38,256) - 13,632 Skills for Bees - 3,000 (5,012) 2,012 - Special (Enabling) Award 1,554 97,364 (94,885) - 4,033 The Fifth Continent - Romney Marsh Landscape Partnership - 17,757 (19,486) 1,729 - Wales Conservation Activities - 5,085 (3,485) - 1,600 West Country Buzz (Phase II) - 87,395 (53,167) - 34,228

202,924 1,037,476 (1,027,844) 32,032 244,588

A description of the activities covered by the projects that are funded by restricted funds can be found in the Trustees' Report.

The transfers from unrestricted funds represent the Trust's contribution to restricted fund projects.

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BUMBLEBEE CONSERVATION TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2020

19 Restricted funds

For the year ended 31 March 2019 Movement in funds Balance at 1 Income Expenditure Transfers Balance at 31 April 2018 March 2019 £ £ £ £ £

BeeWalk 1,707 34,376 (29,488) 8,405 15,000 Making a Buzz for the Coast 40,780 277,736 (287,664) - 30,852 Living Levels (Delivery Phase) - 4,616 (4,616) - - Short-haired bumblebee 20,645 35,433 (36,729) - 19,349 West Country Buzz (Phase II) 27,900 23,862 (56,525) 4,763 - Polli:info 2,617 3,000 (2,064) - 3,553 Pollinating the Peak (Development Phase) 26,400 - (26,400) - - Special (Enabling) Awards 16,823 96,000 (111,269) - 1,554 Bee Wild West Wales 11,585 12,206 (23,791) - - Defra UK Pollinator & Research Partnership - 4,350 (4,350) - - Back from the Brink 58 19,913 (19,856) - 115 Field of Dreams 25,000 - (16,491) - 8,509 Pollinating the Peak (Delivery Phase) 34,943 294,492 (238,785) - 90,650 The Fifth Continent - Romney Marsh Landscape Partnership - 15,430 (15,566) 136 - Pasture for Pollinators - European Innovation Partnership - 13,978 (13,978) - - Saving Scotland's Bumblebees 3,000 24,636 (27,636) - - Polli:Nation - 691 (691) - - Blooms for Bees - 6,387 (6,387) - - Saving the Great Yellow Bumblebee - 33,342 - - 33,342 Scotland Work - 10,500 (10,500) - - Shrill Carder Bee - 2,500 (2,500) - -

211,458 913,448 (935,286) 13,304 202,924

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BUMBLEBEE CONSERVATION TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2020

20 Analysis of net assets between funds Unrestricted Designated Restricted Total funds funds funds £ £ £ £ Fund balances at 31 March 2020 are represented by: Tangible assets - - 10,836 10,836 Current assets/(liabilities) 302,704 599,063 233,752 1,135,519

302,704 599,063 244,588 1,146,355

For the year ended 31 March 2019 Unrestricted Designated Restricted Total funds funds funds £ £ £ £ Fund balances at 31 March 2019 are represented by: Tangible assets - - 29,412 29,412 Current assets/(liabilities) 39,403 637,182 173,512 850,097

39,403 637,182 202,924 879,509

21 Designated funds

The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes:

Movement in funds Balance at 1 Income Expenditure Transfers Balance at 31 April 2019 March 2020 £ £ £ £ £

Safety Reserve 180,000 - - 120,000 300,000 Special Reserve 457,182 - - (457,182) - Underwriting Reserve - - - 56,000 56,000 Projects - - - 243,063 243,063

637,182 - - (38,119) 599,063

Details of each of the designated funds can be found in the Trustees' Report.

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BUMBLEBEE CONSERVATION TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2020

21 Designated funds

For the year ended 31 March 2019 Movement in funds Balance at 1 Income Expenditure Transfers Balance at 31 April 2018 March 2019 £ £ £ £ £

Safety Reserve 150,000 - - 30,000 180,000 Underwriting Reserve 78,486 - - (78,486) - Special Reserve 190,000 - - 267,182 457,182

418,486 - - 218,696 637,182

22 Operating lease commitments At the reporting end date the charitable company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

2020 2019 £ £

Within one year 27,774 32,728 Between two and five years 1,070 32,294

28,844 65,022

The total lease cost recognised as an expense during the year was £39,735 (2019 - £35,509).

23 Related party transactions

Remuneration of key management personnel The remuneration of key management personnel is as follows.

2020 2019 £ £

Aggregate compensation 49,621 48,244

During the year Gill Perkins, a member of key management personnel, also received reimbursement of expenses of £6,740 (2019- £6,643).

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BUMBLEBEE CONSERVATION TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2020

23 Related party transactions

Transactions with related parties

The following amounts were outstanding at the reporting end date:

Amounts owed to related parties 2020 2019 £ £

Gill Perkins 226 603

226 603

24 Cash generated from operating activities 2020 2019 £ £

Net income for the year 266,846 231,035

Adjustments for: Investment income recognised in statement of financial activities (5,295) (3,088) Depreciation and impairment of tangible fixed assets 18,576 35,688

Movements in working capital: (Increase) in stocks (4,322) (1,751) (Increase) in debtors (169,618) (20,412) Increase in creditors 82,943 5,019 (Decrease)/increase in deferred income (33,364) 31,000

Cash generated from operating activities 155,766 277,491

25 Analysis of changes in net funds The charitable company had no debt during the year.

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