AnnualReportfor2024Final2025 - Flipbook - Page 39
Notes to the Financial Statements
for the year ended 31 December 2024
8 Analysis of Expenditure by Activities continued
8 Analysis of Expenditure
by Activities (continued)
Analysis of Support Costs
Research and
Surveys – UK
2024(£)
Bat Reserves
– UK
2024 (£)
Research and
Surveys – Ireland
2024 (£)
Bat Reserves
– Ireland
2024 (£)
Governance
Costs
2024 (£)
Sta昀昀 Costs
142,131
70,491
45,066
16,730
30,374
Depreciation
3,536
1,754
1,121
416
652
Legal and Professional Fees
19,190
9,518
6,085
2,259
3,540
O昀케ce Costs
58,067
28,799
18,412
6,835
10,710
Audit Fees
-
-
-
-
19,020
222,924
164,673
110,562
80,458
70,684
67,092
26,240
20,886
5,869
70,165
68,747
Total funds
2024 (£)
Total funds
2023 (£)
Sta昀昀 Costs
304,792
245,597
Depreciation
7,479
2,821
Legal and Professional Fees
40,592
34,935
O昀케ce Costs
122,823
91,707
Audit Fees
19,020
15,450
Trustees’ Expenses
5,869
11,346
Total 2024
500,575
401,856
Total 2023
401,856
Trustees’ Expenses
Total 2024
Total 2023
The Euro equivalent of support costs above relating to operational activities in the Republic of Ireland is €117,247 (2023: €105,171)
as converted at the year-end exchange rate.
Support costs are split across the activities
on the basis of time spent:
2024 (%)
2023 (%)
Research and Surveys – UK
45
41
Research and Surveys –
Ireland
14
Bat Reserves – UK
22
20
Bat Reserves – Ireland
5
5
Governance Costs
14
17
100
100
17
Vincent Wildlife Trust Annual Report and Financial Statements 2024 39
