AnnualReportfor2024Final2025 - Flipbook - Page 48
Notes to the Financial Statements
for the year ended 31 December 2024
27 Operating Lease Commitments/28 Related Party Transactions
27 Operating Lease Commitments
At 31 December 2024, the Charity had commitments to make future minimum lease payments under non-cancellable operating
leases as follows:
2024 (£)
2023 (£)
Not later than 1 Year
20,992
15,161
Later than 1 Year and not later than 5 Years
61,974
46,327
Later than 5 Years
2,760
-
85,726
61,488
As Restated
2024 (£)
2023 (£)
Not later than 1 Year
49,752
34,729
Later than 1 Year and not later than 5 Years
130,257
117,047
180,009
151,776
PhD Commitments
28 Related Party Transactions
There were no other related party transactions made during the year, other than key management personnel costs and
Trustees’ expenses, as disclosed in notes 10 and 11.
48 Vincent Wildlife Trust Annual Report and Financial Statements 2024