AnnualReportfor2024Final2025 - Flipbook - Page 21
as some private markets to diversify risk. Investment income
re昀氀ects the dividends and income payable from the portfolios.
The investment strategy is set by the Trustees and takes into
account income requirements, present and future 昀椀nancial
expenditure requirements, risk pro昀椀le and the investment
managers’ advice and view of the market prospects in the
medium- to long-term. A key concern has been to ensure the
growth of capital is in line with in昀氀ation, to sustain future
core income needs. The policy is therefore to maximise
total return through a diversi昀椀ed portfolio. The performance
of the portfolio and the charity’s investment strategy are
reviewed regularly by the Trustees.
There are no restrictions on the charity’s power to invest;
however, VWT has chosen to take environmental impact into
account. As part of VWTs 2035 net zero action plan the Trust
will, when considering any new investments, seek to invest in
an environmentally sound manner, not least aiming to avoid
direct investment in fossil fuels.
The Trust’s investment policy allows a limited amount of
capital to be drawn from the portfolios, in addition to the
revenue income generated. The investment income shown
in the Statement of Financial Activities represents only the
revenue element of investment income generated in the
year. The total amount drawn from the portfolio during the
year was £742,320.
Going concern
After making appropriate enquiries, the Board of Trustees
has a reasonable expectation that the charity has adequate
resources for the foreseeable future, and that there are no
material uncertainties about the charity’s ability to continue
as a going concern. For this reason, it continues to adopt the
going concern basis in preparing the 昀椀nancial statements.
Further details regarding the adoption of the going concern
basis can be found in the Statement of Accounting Policies.
Grants and donations
Vincent Wildlife Trust is extremely
grateful to all funders and donors that
supported VWT during 2024*
*some of whom donated in 2023 but whose money
was used in part in 2024.
• Defra via Natural England
• Department of Agriculture, Food
and the Marine (Ireland)
• Department of Environment, Climate and
Communications, via the
Irish Environmental Network (IEN)
• Devon Wildlife Trust
• Fauna & Flora (Romania)
• Forest Research
• Forestry and Land Scotland
• Forest Service (Ireland)
• Galway County Council (Ireland)
• Gower AONB Sustainable Development Fund
(Swansea Council)
• Limerick County Council (Ireland)
• National Trust
• Natural Resources Wales
• NatureScot
• Oakdale Trust
• Peoples Trust for Endangered Species
• Royal Zoological Society of Scotland
• Swedish Postcode Lottery
• Swire Charitable Trust
• The Helvellyn Foundation
• The Heritage Council (Ireland)
• The National Lottery Heritage Fund
• The National Lottery Heritage Fund
— Nature Networks Fund
• The National Parks and Wildlife Service (Ireland)
• The Woodland Trust
• Tweeddale U3A
Vincent Wildlife Trust Annual Report and Financial Statements 2024 21
