===== PAGE 1 ===== ## COMPASSION IN WORLD FARMING INTERNATIONAL TRUSTEES' ANNUAL REPORT AND FINANCIAL STATEMENTS 2024-2025
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OUR CORE BELIEF Farmed animals should not, and need not, suffer. OUR VISION Our vision is a world where farmed animals are treated with compassion and respect. THE PROBLEM Factory farming is the single biggest cause of animal cruelty on the planet. OUR MISSION Our mission is to end factory farming. ===== PAGE 2 ===== ## RAISING SUPPORT We continually strive to grow our support to achieve our ambitious goals. We are incredibly grateful to everyone who has donated to Compassion in World Farming International or taken action to help end factory farming. Here we share a summary of our gross income and expenditure for 1 April 2024 to 31 March 2025, along with equivalents for the previous year. Please see our full Financial Report on page 40 for further information.
GLOBAL INCOME
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===== PAGE 3 ===== ## 1 ) Government policy and legislative reform
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## SPOT LIGHT Reaching billions During 2024/2025, our communications reached an estimated 18.9 billion views with our extensive media coverage around the world - that's 800 million more than during 2023/2024. Highlights included several high-profile stories with the BBC such as our continuing campaign against large-scale intensive 'megafarms'. Also highlighted was our concern with gene-editing animals to make them more resistant to diseases rather than addressing the real issue of overcrowded and unsanitary conditions that lead to animals getting ill in the first place. We also took part in a live interview on Sky News highlighting our campaign to ban octopus farming. Our Global CEO, Philip Lymbery continued to draw attention to the cruelty of factory farming through publication of new language editions of Sixty Harvests Left: How to Reach a Nature-friendly Future in Finland and the Czech Republic. He writes a fortnightly column in the UK newspaper, The Scotsman, with the online edition reaching 5.6 million views each month. His most popular column discussed the dramatic loss of birds, bees and other insects and the decline of biodiversity as a result of factory farming. With Leticia Carvalho, Head of Marine and Freshwater at UNEP, he wrote an article on how factory farming affects penguins and ocean health for Time Magazine, to coincide with World Ocean's Day in June. Around the globe, our committed communications teams worked relentlessly to keep our campaigns firmly in the media's spotlight. This has included coverage in some of the world's most prominent media outlets including La Repubblica in Italy, The New York Times in the USA, Ifeng News in China, and Le Monde in France.
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Potential global media reach: 18.9 BILLION views Total global media stories: 4,781 End the Cage Age campaign media coverage had a potential reach of 3.2 BILLION views Rethink Fish media coverage reached an estimated 742 MILLION views
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===== PAGE 4 ===== ## STATEMENT OF FINANCIAL ACTIVITIES ## For year ended 31 March 2025
NoteUnrestricted FundsRestricted Funds2025 Total2024 Total
££££
Income and endowments from:
Donations and legacies29,135,8579,719,66618,855,52311,548,495
Other trading activities3230,997-230,997186,650
Investment income4145,947-145,947177,287
Total income9,512,8019,719,66619,232,46711,912,432
Expenditure on:
Raising funds55,398,643-5,398,6434,022,165
Investment management costs26,806-26,80633,495
Charitable activities:
CG1 To shift from factory farming to regenerative production2,726,200370,1573,096,3574,256,420
CG2 To reduce reliance on animal products60,146362,488422,634729,884
CG3 To achieve adoption of positive animal welfare as essential for sustainable climate and nature-friendly food2,604,5344,762,5367,367,0707,220,587
Total expenditure10,816,3295,495,18116,311,51016,262,551
Net losses on investments10(54,636)-(54,636)(37,318)
Net Income/(Expenditure)(1,358,164)4,224,4852,866,321(4,387,437)
Exchange rate movements(139,098)-(139,098)(37,419)
Net movement in funds15(1,497,262)4,224,4852,727,223(4,424,856)
Fund balances at 1 April4,726,1501,673,1876,399,33710,824,193
Fund balances at 31 March153,228,8885,897,6729,126,5606,399,337
The Statement of Financial Activities has been prepared on the basis that all activities are continuing. There are no recognised gains and losses other than those passing through the Statement of Financial Activities. The Statement of Financial Activities incorporates an income and expenditure account for the purposes of the Companies Act 2006.