BirdLife Secretariat Finances & Annual Review
In 2016, the BirdLife Secretariat’s total income increased by 16.8% to £16.0 million in 2016 compared to £13.7 million in 2015. The Secretariat’s total expenditure did however increase by 16.4%, in line with income, to £16.3 million in 2016 compared to £14.0 million in 2015.
The Secretariat results unfortunately showed a deficit on unrestricted funds of £1.5million compared to a deficit of £0.4million in 2015. This was mainly due to continued planned investment and a weak pound which increased our cost base.
Following a successful application to the Charity Commission in 2017 to convert the Rare Bird Club fund from permanent to expendable, BirdLife has total expendable endowment funds of £2.0m, all of which are unrestricted and available for general purposes (at the Trustees discretion). Effectively the available free reserves of the charity are £1.5m, giving flexibility going forwards.
Annual Review 2016