CARIBBEAN BIODIVERSITY FUND

Charity number: 1149889
Charity reporting is up to date (181 days late)

Charity overview

Activities - how the charity spends its money

Established in September 2012, the Caribbean Biodiversity Fund (CBF) is a regional Environmental Fund whose objective is to provide a sustainable flow of resources to support activities that contribute substantially to the conservation, protection and maintenance of biodiversity in the Caribbean.

Income and expenditure

Data for financial year ending 30 September 2023

Total income:
£14,388,817

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Donations and legacies £11.38m
Charitable activities £0
Other trading activities £0
Investments £3.01m
Other £0

Total expenditure:
£16,535,707

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Raising funds £348.50k
Charitable activities £16.19m
Other £0

-£6,894,929 investments gains (losses)

Total income includes £4,287,861 from 1 government contract(s) and £302,002 from 1 government grant(s)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £348.50k
Charitable expenditure £16.19m

People

5 Trustee(s)

Employees with total benefits over £60,000

Number of employees
£80k to £90k 2
£150k to £200k 1

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

Main way of carrying out purposes is grant making
What the charity does:
  • General Charitable Purposes
  • Education/training
  • Arts/culture/heritage/science
  • Animals
  • Environment/conservation/heritage
  • Economic/community Development/employment
Who the charity helps:
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Organisations
  • Provides Other Finance
  • Acts As An Umbrella Or Resource Body
Where the charity operates:
  • City Of London
  • Antigua And Barbuda
  • Dominican Republic
  • Grenada
  • Jamaica
  • Saint Vincent
  • St Kitts And Nevis
  • St Lucia
  • The Bahamas

Governance

Registration history:
  • 23 November 2012: Standard registration
  • 09 March 2015: Removed (Does not operate)
  • 12 March 2015: Re-registered
Organisation type:
Charitable company
Other names:
  • CBF (Working name)
Company number:
08204716 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Investing charity funds policy and procedures
  • Investment
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Trustee conflicts of interest policy and procedures
Land and property:
This charity does not own and/or lease land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

5 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Karolin Troubetzkoy Chair 02 October 2020
None on record
Luis-Miguel Gutierrez Trustee 07 November 2022
None on record
Glenn Bannister Trustee 30 June 2022
None on record
Brenda Boddie-John Trustee 11 December 2020
None on record
Sixto Joaquin Inchaustegui Trustee 12 December 2017
None on record

Financial history

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Financial period end date

Income / Expenditure 30/09/2019 30/09/2020 30/09/2021 30/09/2022 30/09/2023
Total gross income £7.85m £41.59m £2.75m £3.11m £14.39m
Total expenditure £1.50m £7.21m £8.88m £10.47m £16.54m
Income from government contracts N/A N/A N/A N/A £4.29m
Income from government grants N/A N/A N/A N/A £302.00k
Income - Donations and legacies £3.14m £39.40m £551.88k £881.86k £11.38m
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £0 £0 £0 £0 £0
Income - Endowments £3.14m £39.40m £551.88k £881.86k £11.38m
Income - Investment £4.70m £2.19m £2.20m £2.22m £3.01m
Income - Other £0 £0 £0 £0 £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £1.27m £6.84m £8.49m £10.04m £16.19m
Expenditure - Raising funds £223.15k £368.00k £382.58k £435.37k £348.50k
Expenditure - Governance £58.40k £0 £0 £0 £0
Expenditure - Grants institution £804.95k £6.84m £8.49m £10.04m £16.19m
Expenditure - Investment management £223.15k £368.00k £382.58k £435.37k £348.50k
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 30/09/2019 30/09/2020 30/09/2021 30/09/2022 30/09/2023
Own use assets £3.08k £5.79k £6.07k £10.75k £15.17k
Long-term investments £59.02m £96.23m £95.33m £91.69m £92.95m
Other assets £2.71m £870.80k £4.76m £19.87m £23.23m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £631.38k £98.62k £40.76k £8.72m £8.58m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 30 September 2023 27 January 2025 181 days late
Accounts and TAR 30 September 2023 27 January 2025 181 days late Download Open in new window
Annual return 30 September 2022 16 July 2024 352 days late
Accounts and TAR 30 September 2022

(These accounts
have been qualified)

16 July 2024 352 days late Download Open in new window
Annual return 30 September 2021 07 July 2022 On Time
Accounts and TAR 30 September 2021 07 July 2022 On Time Download Open in new window
Annual return 30 September 2020 26 July 2021 On Time
Accounts and TAR 30 September 2020 26 July 2021 On Time Download Open in new window
Annual return 30 September 2019 16 July 2020 On Time
Accounts and TAR 30 September 2019 16 July 2020 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES INCORPORATED 06/09/2012 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 31/03/2014 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 16/07/2015

Charitable objects

THE OBJECTS OF THE CHARITY ARE TO PROMOTE FOR THE BENEFIT OF THE PUBLIC THE CONSERVATION, PROTECTION, MANAGEMENT AND EXPANSION OF THE NATIONAL PROTECTED AREAS SYSTEMS OF THE PARTICIPATING COUNTRIES BY PROVIDING A SUSTAINABLE FLOW OF FUNDS TO SUPPORT, WITHOUT LIMITATION, ENFORCEMENT, INFRASTRUCTURE, MONITORING NEEDS AND OTHER ACTIVITIES THAT CONTRIBUTE SUBSTANTIALLY TO THE CONSERVATION, PROTECTION AND MAINTENANCE OF BIODIVERSITY WITHIN THE NATIONAL PROTECTED AREAS SYSTEMS OR ANY OTHER AREA OF ENVIRONMENTAL SIGNIFICANCE OF THE PARTICIPATING COUNTRIES (THE "OBJECTS"). THE CHARITY'S INCOME AND ASSETS SHALL BE USED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES FOR THE BENEFIT OF THE PUBLIC, AND THE PROVISIONS OF THESE ARTICLES SHALL BE INTERPRETED IN A MANNER CONSISTENT WITH THESE OBJECTS.

Contact information

Address:
OAKWOOD CORPORATE SERVICES
3rd Floor
1 Ashley Road
ALTRINCHAM
CHESHIRE
Phone:
+44(0)161 9424731
Email:
secretariat@caribbeanbiodiversityfund.org
Website:

www.caribbeanbiodiversityfund.org Open in new window