2023-03-31-accounts

FinanceReview	13
Structure,GovernanceandManagement	16
CharityInformation	19
StatutoryInformation	20
OurThanks	22
IndependentAuditors’Report	23
ConsolidatedStatementofFinancialActivities	27
ConsolidatedBalanceSheet	28
CharityBalanceSheet	30
ConsolidatedCashFlow	32
SummaryofFixedAssets	33
NotestotheFinancialStatements	34

		Wiitellix-mexeyalety createdat PitsfordWater	Wiitellix-mexeyalety createdat PitsfordWater	Wiitellix-mexeyalety createdat PitsfordWater	Wiitellix-mexeyalety createdat PitsfordWater	naturereserve	naturereserve																		hectares	hectares	hectares	oflandatSpeechly’s	oflandatSpeechly’s	Farmacquiredbythe	Trusttoberestoredfor	{| rit {	sincedrainagein	the1850s
OntheothersideofBedfordshire,rightinthecentreof	ourthreecounties,we’vepreventedtheimmediateloss	ofStrawberryHill.Workingcollaborativelywithsome	forward-thinkingphilanthropists,thereisnowa chance	tosavethis150-hectareformerarablefarmwhichhas		beenlefttonatureformorethan25yearsandisnow		hometoturtledoves,nightingalesandmuchmore.	Someofourmostactivesitesforconservationworkon	thegroundwereinNorthamptonshirewhereourNene	ValleyreservesincludingSummerLeysandTitchmarsh	sawnewlyrestoredwetlandhabitats,scrapesdugfor	wadingbirds,lakesreprofiledandsanclmartinbanks	builtthankstoa fundingpartnershipwithNational	Highways,aswellasfurthersupportfromNatural	England.		Wehavefaceda hugechallengeinrecentyearsinour	Cambridgeshirewoodlandsasa resultofAshDieback	which,despiteslippingfromthemediaspotlight,is	affectinglargenumbersoftreesatreserveslikeLower	Wood.Butwehaverespondedtothis,andtheneedto	constantlyreplenishourancientwoodlandsiteswith	newgrowth,byundertakingoneofourlargestever	treeplantingprogrammesacrosssomeofourbest-	lovedreserves.				These,andallourconservationactivities,needtobeas	sustainableaspossible.Sothisyearwehaveunlocked	fundingtobeginthetransitionfrompetro!powered	toolstoelectric.
Connectingwildlandscapesandsecuringthefutureof	vitalhabitatstohelpwildlifeadapttoclimatechange	havebeenkeyfocusesofourconservationwork	overthepastyear.Whetherit’sacquiringnewland,	workingwithpartnerstocreatenaturalcorridorsor	offeringsupportandadvicetofarmersandotherland		managerswhowanttodotheirbitfornature.		That’stheethosbehindtheLivingLandscapesstrategy	andthisyearourfirstLivingLandscapeentereda new	phaseaswepurchasedSpeechly’sFarmintheheart	oftheGreatFen.Thisfolloweda hugeamountofwork	andplanningfromtheconservationteam,fundraising	teamandeducationofficerswhichsawusawardedan	incredibleE8millionfromtheNationalLotteryHeritage	Fundandraise£400,000throughourlargestever	publicappeal.ThelandconnectsWoodwaltonFenand	HolmeFen,twoofthemostimportantNationalNature	Reservesinourregion,forthefirsttimesincethe1850s.	Aswellascreatingnewwetlandsandtrialling‘wet	farming,whichsavesthepeatandisgoodforwildlife,	thisprojectaimstochangelivesbyengagingwith	youngpeopleandpromotingmentalwellbeing	throughnature.		Elsewherewearecontinuingtomakethoseconnections	andsecurethefutureofnaturereserves.AtPegsdon		HillsNatureReserveinBedfordshirewehavetaken		actiontostopanyfutureshootingacrossourreserve	bybuyingtherightsthankstoa generouslegacyleftto	usbyentomologistandnaturalistDrBernardNau.We	willnowworkwithNaturalEngland,whichhasacquired	theneighbouringHextonEstate,andotherstoconnect	awideareaoflandmanagedfornatureinthenorth	Chilternsforthefirsttime.	4 ImpactReport2022- 2023

WilliamSutherlandCBEcoveringa rangeoftopicsfrom	monitoringintheGreatFentotneclimatecrisis.		Wesawoneofourmostsuccessfulyearstodateforour	WiidlifeTrainingWorkshopsaswemovedbacktowards	amostlyon-siteprogrammeofevents.Fromidentifying	raptorsandtreestointroductorydaysonreserves	coveringmillipedes,mossesandmuchmore,these	workshopsarea vitalchannelforustoupskillandinspire	professionalandamateurconservationistsalike.				attendeesheard	aboutourwork	r-)mel6a le)alivelgiale)	andResearch	conferenceatin	March										as (-MaslelalicelasielAjielgnace-imsiie)) DownsinBedfordshire- alongwith manyotherkeyspecies	ImpactReport2022- 2023 7
Knowingwhatwildlifeoccurswhereisessentialforus builda betterunderstandingofancientwoodlandsinthe	tosafeguarditsfuture- andmakingthebestuseof regionandidentifyareaspreviouslyunrecorded.	evidenceinconservationensureswemakebestuseof	ourresources. Butcommunicatingourworkandincreasingidentification	skillsandtheunderstandingofconservationevidence	Triallingnature-basedsolutionstomajorenvironmental acrossthesectoriswhatgivesourworkthewingsit	problemsisthefocusofourresearchwork.Thismeans needstomakea differencebeyondourregion.	findingtheanswerstothebiggestproblemsfacing	nature- includingclimatechangeandhabitatloss. Februarysawthereturnofourfirstface-to-face	MonitoringandResearchConferencesince2019with	Lastyearwecompletedfulldigitalmappingofallour talksfromconservationscientistsincludingProfessor	landholdingsgivingusanaccuratebreakdownofthe	habitatswemanageandthecarbontheyholdforthe	firsttime.Theresultsshowthatonour100+nature reservesthelargesthabitatareasaregrasslandand 543	woodlandfollowedbywetlandswithsmallerareasof attendeeslearnt	scrub,heathlandandfarmland.Aswellasthebigger usefulskillsatour	picture,thesemapsgiveusa muchfinerlevelofdetailed 33WildlifeTraining	informationaboutourreservesandarealreadyhelping Workshops	toinformhowwemanagethemfornature	andhowvitaltheyareforourclimate.	Volunteergroupsandamateurnaturalistscontinuetobe	vital toourwork.Fromthebreedingbirdsurveyteams whomadeearlymorningvisitstovarioussites,tothe 1	mammalgroupsthatcheckeddormiceboxesandwalked staticdetectors	battransects.Andtheinsectsurveygroupsthathave fo[=}e)(e\)/=10r=[eg@ 3)	revealedpositivenewsincludingthehighestnumberof 3sitesaspartof	blackhairstreakbutterfliesatBramptonWoodsincethe late1990s Ourbatsurvey fe)cele|c-lpalan\=)	Beyondourownreserveswehaveembarkedonan	excitingprojectinourregionaspartofthenational surveyscarried	AncientWoodlandInventory.Twonewofficersinthe MonitoringandResearchteamhavebeenbusycombing throughlandrecordsandmapsdatingbackcenturiesto out'bystaffand volunteersacross 5sites

ended31March2023
		Unrestricted	Restricted	Total	Total
		Funds	Funds
				2023	2022
	Notes	£	£	£	£
Incomeandendowmentsfrom:
VoluntaryIncome	3	2,369,631	490,743	2,860,374	3,963,700
Charitableactivities	4	1,239,862	6,334,106	7,573,968	3,094,164
Interest& Investments	6	76,483	720	77,203	75,063
GovernmentGrant	5	-	-	-	3,935
Incomefrominterestsin
associatedundertakings	13	21,759	-	21,759	-
		3,707,735	6,825,569	10,533,304	7,136,862
Expenditureon:
RaisingFunds		1,281,898		1,281,898	1,077,556
Charitableactivities		3,877,187	2,027,067	5,904,254	4,760,399
Total	7	5,159,085	2,027,067	7,186,152	5,837,955
Profit/(loss)ondisposaloffixed
assets		-	23,638	23,638	1,000
Netincome/(expenditure)		(1,451,350)	4,822,140	3,370,790	1,299,907
Transfersbetweenfunds	20/21	444,980	(444,980)	~	-
Net(outgoings)incoming
resourcesbeforeother
recognisedgains& losses		(1,006,370)	4,377,160	3,370,790	1,299,907
Otherrecognised
gains/(losses):
Unrealisedgain/({loss)on		(173,551)	-	(173,551)	68,828
investments
Actuarialgainsondefinedbenefit		-	-	-	62,316
pensionscheme
Netmovementinfunds		(1,179,921)	4,377,160	3,197,239	1,431,051
Reconciliationoffunds:
Totalfundsbroughtforward		7,652,206	18,004,997	25,657,203	24,226,152
Totalfundscarriedforward	22	6,472,285	22,382,157	28,854,442	25,657,203

			2023
	Notes	£	£			£
FixedAssets
Tangibleassets(Page33)			4,224,030			4,324,819
Heritageassets	11		18,362,914			14,065,414
Intangibleassets	12		42,781			59,894
investmentinAssociated
Undertakings	13		521,759
Totalfixedassets			23,151,484			18,450,127
Currentassets
Stocks	14	61,743			70,126
Debtors	15	1,543,319			3,089,348
Investments	16	3,125,692			3,550,402
Cashatbankandinhand		2,085,979			1,622,497
Amountsowedby
AssociatedUndertakings		10,000
Totalcurrentassets		6,826,733			8,332,373
Liabilities
Creditors:
Amountsfallingduewithin
oneyear	17	(729,967)			(676,412)
Netcurrentassets			6,096,766			7,655,961
Creditors:
Amountsfallingdueafter oneyear	18		(346,564)			(396,163)
Provisionsforliabilities andcharges	19		(47,244)			(52,722)
Netassetsorliabilities
beforepensionprovision			28,854,442			25,657,203
Pensionprovision	10/19			-
Totalnetassets			28,854,442	-		25,657,203
Thefundsofthecharity
Generalfunds			3,923,397			3,927,637
Designatedfunds			2,548,888			3,724,569
Totalunrestrictedfunds	21		6,472,285			7,652,206
Restrictedincomefunds	20		22,382,157			18,004,997
Totalfunds	22		__ 28,854,442_			25,657,203

			2023				2022
	Notes	£		£		£		£
FixedAssets
Tangibleassets(Page33)				4,224,030				4,324,819
Heritageassets	11			18,362,914				14,065,414
Intangibleassets Investmentsunquoted Totalfixedassets	12			42,781 22,629,726	1			59,894 1 18,450,128
Currentassets
Stocks Debtors	14 15	40,203 1,542,319				43,801 3,034,762
intercompanyDebtor		99,176				86,524
Loantosubsidiary		542,500				30,000
Investments	16	3,125,692				3,550,402
Cashatbankandinhand		1,995,728				1,604,996
Totalcurrentassets		7,345,618				8,350,485
Liabilities
Creditors:
Amountsfallingduewithin oneyear	17	(720,483)				(661,522)
Netcurrentassets				6,625,135				7,688,963
Creditors:
Amountsfallingdueafter
oneyear	18			(346,564)				(396,163)
Provisionsforliabilities andcharges	19			(47,244)				(52,722)
Netassetsorliabilities				28,861,053				25,690,206
beforepensionprovision
Pensionprovision	19
Totalnetassets				28,891,053				25,690,206
Thefundsofthecharity
GeneralFunds				3,930,008				3,960,640
DesignatedFunds				2,548,888				3,724,569
TotalUnrestrictedFunds	21			6,478,896				7,685,209
Restrictedincomefunds	20			22,382,157				18,004,997
Totalfunds	22			28,861,053				25,690,206

	Notes		2023			2022
		£		£
Cashflowsfromoperating
activities:
Netcashprovidedby/(used
in)operatingactivities	28			5,008,066			586,841
Cashflowsfrominvesting
activities:
Dividends,interestandrents MSr oS wdRete) frominvestments		77,203
Investments(purchased)sale		251,158
PurchaseofAssociated Undertakings		(500,000)
PurchaseofHeritageAssets		(4,297,500)
Purchaseofproperty,plant andequipment		(88,945)			(357,935)
LoantoAssociated Organisation		(10,000)
Purchaseofintangibleassets —BPSentitlements					(3,750)
SaleofFixedAssets		23,500			1,000
Netcashprovidedby/(used
in)investingactivities				(4,544,584)			(284,355)
Cashflowsfromfinancing
activities
Capitalelementofhire
purchasecontracts					(4,733)
Netcashusedinfinancing
activities							(4,733)
Changeincashandcash
equivalentsinthereporting
period				463,482			297,753
Cashandcashequivalentsat
thebeginningofthereporting
period				1,622,497			1,324,744
Cashandcashequivalents
attheendofthereporting
period	29			2,085,979			1,622,497

																	Total		£	6,667,058	88,945 (19,830)			6,736,173		2,342,239	(19,968)	189,872	2,912,143		4,224,030	4,324,819
TheWildlifeTrustforBedfordshire,CambridgeshireandNorthamptonshire Summaryoffixedassetsfortheyearended31March2023															Tangibleassets		Freehold property Investment properties Landin tenure Improvements toland& Conservation equipment Office equipment Motor vehicles Computer equipment	buildings	Costorvaluation £ £ £ £ £ £	At1 April2022 1,547,289 2,169,148 1,033,254 1,380,080 424,817	Additions Disposals Transfers— Other 64,703 24,242 (19,830)	Heritageassets	Revaluation	At31March2023 1,547,289 2,169,148 1,033,254 1,444,783 429,229	Depreciation	At1 April2022 501,894 500,632 914,622 356,734	Ondisposals Transfers (19,968)	Chargefortheyear 12,827 48,116 93,302 23,234	At31March2023 514,721 548,748 1,007,924 360,000	Netbookvalue	At31March2023 1,032,568 2,169,148 484,506 436,859 10,740 69,229 20,980	At31March2022 1,045,395 2,169,148 532,622 465,458 13,217 68,083 30,896	Thenetbookvalueofmotorvehiclesincludes£0(2022:£0)inrespectofassetsheldunderhirepurchasecontracts.Thedepreciationchargein respectofsuchassetsamountedto£0(2022:£6,311).

	Unrestricted	Restricted	2023		2022
			Total		Total
	£	£		£		£
Donationsandsponsorships	224,990	88,230	313,220		214,842
Legacies	536,653	103,394	640,047		2,163,417
SubscriptionsandGiftAid	1,531,368	-	1,531,368		1,488,170
Grantsreceivedofa general	76,180		76,180		70,303
nature
Appeals	440	299,119	299,559		26,968
	2,369,631	490,743	2,860,374		3,963,700

	Unrestricted		Restricted	2023	2022
				Total	Total
	£		£	£	£
RPAGrantsreceivedfora specificpurpose	412,043		-	412,043	558,557
Grantsreceivedfora specificpurpose		-	6,061,534	5,061,534	587,597
Servicelevelagreements	292,199		939,791	1,231,990	1,006,488
Landfilltaxcredits		-	18,815	18,815	34,395
Otherincome	535,620		313,966	849,586	907,127
	1,239,862		6,334,106	7,573,968	3,094,164

6. Interestand	6. Interestand	Investments	Investments	Investments
					Unrestricted		Restricted		2023	2022
									Total	Total
						£		£	£	£
BankInterestreceived						4,674		-	4,674	2,534
incomefromInvestments						71,809		720	72,529	72,529
						76,483		720	77,203	75,063
7 Totalexpenditure
		Staff		Other	direct	Other		Other	2023	2022
		costs		costs		Support		Governance
						Costs		Costs
					E		£	£	£	£
Fundraising		655,896		490,339			125,429	10,234	1,281,898	1,077,556
Naturereserve
management	1,621,442			1,367,387		270,484		14,559	3,273,872	2,623,323
Wider
countryside		509,492		319,255			84,992	4,575	918,314	815,640
Partnership
projects		477,003			89,938		79,572	4,283	650,796	578,068
Education&
Community		687,505		208,382			98,673	1,828	996,388	698,607
Rushden
Lakes&
SummerLeys
VisitorCentre			-		44,524		16,015	4,345	64,884	44,761
	3,951,338			2,519,825		675,165		39,824	7,186,152	5,837,955
									2023	2022
									E	E
Totalresourcesexpendedare			statedaftercharging			:
Auditorremuneration	-	audit							24,171	19,700
		- unrecovered			VAT				1,931	1,953
		- otherassuranceservices							-	2,040
Depreciationoffixed	assets								189,872	168,574
Amortisationofintangibleassets									17,113	19,931
(Profit)/lossonsale	of	fixedassets							(23,638)	(1,000)
Amountspayableunder		operating		leases					19,034	19,132

							Total		£	102,401 10,974	300,734 144,632 36,318 80,106	675,165	39,824	714,989
											130,476 12,827	143,303		143,303
							Costs		£	102,401 10,974	170,258 131,805 36,318 80,106	531,862	39,824	571,686
							Education &	Community	£	17,817 1,909	49,539 25,165 6,319 13,938	114,687	6,173	120,860
TheWildlifeTrustforBedfordshire,CambridgeshireandNorthamptonshire Notestothefinancialstatements(cont.)fortheyearended31March2023						8. Analysisofsupportcosts	Fundraising Nature reserve management Wider countryside Partnership projects		£ £ £ £	Communications Management Finance& 16,998 1,822 42,020 4,503 13,204 1,415 12,362 1,325	Administration Premises HR IT 63,276 24,008 6,029 13,297 116,836 59,350 14,903 32,872 36,712 18,649 4,683 10,329 34,371 17,460 4,384 9,670	125,430 270,484 84,992 79,572	Governance 10,234 14,559 4,575 4,283	135,664 285,043 89,567 83,855	Allsupportcostshavebeenallocatedonthebasisoftheproportionofstaffcosts

	2023	2022
	£	£
Themovementintheyearisaftercharging:
Salariesandwages	3,359,860	2,719,272
Socialsecuritycosts	292,901	235,787
Otherpensioncosts	298,577	135,837
	3,951,338	3,090,896
Employeesandvolunteers
Headcountaveragenumberofemployees:	137	121
TheF.T.E.averagenumberofemployees,
analysedbyfunctionwas:
Naturereservemanagement	31	28
Widercountryside	14	15
Partnershipprojects	4	4
EducationandOutreach	21	19
Centralsupportservices	13	10
Fundraisinganddonordevelopment	7	7
Marketingandmembershipservices	7	5
MonitoringandResearch	14	12
	111	100

		2023	2022
Defined	contributionschemes	£	£
Charge	toprofitorlossinrespectofdefinedcontributionschemes	259,595	126,240

	2023	2022
Keyassumptions	%	%
Discountrate	4.68	2.65
Expectedrateofincreaseofpensionsinpayment*
Fixed5%pa	5.00	5.00
RPImax5%pa	3.20	3.35
Futureincreasestodeferredpensions	2.70	2.85
Inflation- RPI	3.42	3.65
Inflation- CPI	2.70	2.85
Mortalityassumptions	2023	2022
Assumedlifeexpectationsonretirementatage65:	Years	Years
Retiringtoday
-Males	22.5	22.4
-Females	23.8	23.7
Retiringin20years
-Males	25.0	24.9
-Females	26.4	26.3

	2023		2022	2022
Mortality(beforeandafterretirement)basedon	Males:96%ofS3PA		Males:96%ofS3PA
2018CMImortalitytables	Females:95%of		Females:	95%of
	S3PA		S3PA
	CMI_2021witha long		CMI_2020	witha long
	termrateof		termrate	of
	improvementsof		improvementsof
	1.25%pa;Initial		1.25%pa;	Initial
	additiontomortality		additiontomortality
	improvementsof		improvementsof
	0.5%andw2020of		0.5%and	w2020of
	15%		15%
Cashcommutation	Membersassumedto		Members	assumedto
	take25%oftheir		take25%	oftheir
	pensionastaxfree		pensionastaxfree
	cash,subjectto		cash,subjectto
	HMRCrestrictions,		HMRCrestrictions,
	usingcash		usingcash
	commutationfactors		commutationfactors
	currentlyinforce.		currenilyinforce.
			2023	2022
Amountsrecognisedinthestatementoffinancial	activities		£	£
Interestonnetdefinedbenefitliability			(2,061)	918
Administrationexpenses			23,831	7,303
Totalrecognisedinthestatementoffinancialactivities			21,770	8,221
			2023	2022
Amountstakentootherrecognisedgains/losses			£	£
Actualreturnonschemeassets— gainsand(losses)		(175,490)		34,938
Less:amountsincludedinnetinterestonthenet	definedbenefit		(21,103)	(15,097)
Returnonschemeassetsexcludinginterestincome		(196,593)		19,841
Actuarialreturnonschemeliabilities— gainsand	(losses)		141,164	83,079
Re-measurementgain/(loss)recognised			(55,429)	102,920

10 Pension and other post-retirement (continued)	benefit commitments
		2023	2022
		£	£
FairvalueofSchemeassets		628,143	812,624
Presentvalueofdefinedbenefitobligations		(596,133)	(742,396)
Definedbenefitasset/(liability)recognisedin	balancesheet	32,010	70,228
Theassethasnotbeenrecognisedintheaccountsongroundsofprudence.
		2023	2022
		£	£
eaefit Presentvalueofdefinedbenefitobligationat	beginningofperiod		833,045
Benefitspaidincludingexpenses		(47,972)	(30,888)
Actuarialgainsandlosses		(141,164)	(83,079)
Administrationcosts		23,831	7,303
Interestcost		19,042	16,015
Presentvalueofdefinedbenefitobligationat	endofperiod	596,133	742,396
		2023	2022
		£	£
Fairvalueofassetsatbeginningofperiod		812,624	770,728
Interestincome		21,103	15,097
Returnonplanassets(excludingamountsincludedinnetinterest)		(196,593)	19,841
Benefitspaidincludingexpenses		(47,972)	(30,888)
Contributionsbytheemployer		38,981	37,846
Fairvalueofassetsatendofperiod		628,143	812,624

	2023	2022
	%	%
UKEquities	0.0	4.7
OverseasEquities	24.6	31.5
DiversifiedGrowthFunds	0.0	23.0
UKGovernmentFixedInterestBonds	7.5	12.5
UKGovernmentIndexLinkedBonds	15.7	15.3
UKCorporateBonds	30.1	8.6
Property	2.8	2.5
Cash	1.2	1.9
LDi	18.1	0.0
	100.0	100.0

	2023		2022		2021	2020	2019
					£	£	£
Costbrought forward	14,065,414		14,043,269		13,956,559	13,906,559	13,433,519
Purchasesin year	4,297,500		22,145		86,710	50,000	473,040
Giftsinyear		-		-	-	-
Transferfrom
landintenure
andfreehold
property		-		-	-	-
Disposals		-		-		-
Costcarried
forward	18,362,914		14,065,414		14,043,269	13,956,559	13,906,559

	2023	2022
	£	£
Intangibleassetsat1 April2022 PurchasesBPSEntitlements(atFairValue)	59,894 -	76,074 3,751
AmortisationofBPSEntitlements	(17,113)	(19,931)
TotalIntangibleassets31March2023	42,781	59,894

	2023	2022
Asat1 April2022 Purchaseofassociatedundertaking ShareofProfit Distributionofprofits	£ - 500,000 21,759	£ - - -
Asat31March2023	521,759	-

		2023	2022
		£	£
	Consolidated
	Stockasat1 Aprilb/fwd	70,126	57,792
	MovementsinyearIncrease/(decrease)	(8,383)	12,334
	Totalasat31March2023	61,743	70,126
	Charity
	Stockasat1 Aprilb/fwd	43,801	38,754
	MovementsinyearIncrease/(decrease)	(3,598)	5,047
	Totalasat31March2023	40,203	43,801
15.	Debtors
		2023	2022
	Group	£	£
	Tradedebtors	457,963	617,238
	Prepaymentsandaccruedincome	1,079,229	2,467,548
	OtherDebtors	6,127	4,562
		1,543,319	3,089,348
	Charity
	Tradedebtors	457,963	617,238
	Prepaymentsandaccruedincome	1,078,229	2,412,962
	OtherDebtors	6,127	4,562
		1,542,319	3,034,762

Group
	2023		2022
QuotedInvestments		£	£
MarketValueat1 April2022	2,847,370		2,779,020
Additions
Disposals
Unrealisedgain/(loss)oninvestments	(185,088)		68,350
Marketvalueat31March2023	2,662,282		2,847,370
Allinvestmentsareheldprimarilytoprovideaninvestmentreturnforthecharity.
GeographicalAnalysis	2023		2022
	£		£
UnitedKingdom	1,068,906		1,039,290
NorthAmerica	889,202		1,047,832
Europe	282,202		304,669
Global	248,923		293,279
Pacific	74,544		74,032
EmergingMarkets	47,921		42,711
Japan	50,584		45,557
	2662,282		2,847,370
TotalInvestment	2023		2022
	£		£
QuotedInvestments LiquidAssets investmentsat31March2023	2,662,282 463,410 3,125,692		2,847,370 703,032 3,550,402
Charity
	Equities	Subsidiary	Total
		undertaking
	£	£	£
Balanceat1 April2022	2,847,370	1	2,847,371
Additions/ Withdrawals
Gain/(losses)duringyear	(185,088)	-	(185,088)
Cashondeposit
Marketvalueat31March2023	2,662,282	1	2,662,283

17.	Creditors:Amountsfallingduewithinoneyear
	Group	2023 £	2022 £
	Tradecreditors Taxationandsocialsecurity Othercreditors	427,529 127,219 29,922	390,260 114,384 30,354
	Obligationsunderhirepurchaseagreements
	Accrualsanddeferredincome	145,297	141,414
		729,967	676,412
	Charity
	Tradecreditors Taxationandsocialsecurity Othercreditors	423,638 126,687 29,922	377,538 116,566 30,354
	Obligationsunderhirepurchaseagreements Accrualsanddeferredincome	140,236	137,064
		720,483	661,522
18.	Creditors:Amountsfallingdueaftermorethanoneyear
	Group	2023 £	2022 £
	Deferredincome(LutonGuidedBusway) Deferredincome(BPSEntitlements)	318,043 28,521	353,382 42,781
	Obligationsunderhirepurchaseagreements
		346,564	396,163
	Charity
	Deferredincome(LutonGuidedBusway) Deferredincome(BPSEntitlements)	318,043 28,521	353,382 42,781
	Obligationsunderhirepurchaseagreements
		346,564	396,163
	GroupDeferredincomeanalysis
	Inmorethanoneyearbut notmorethantwoyears Inmorethantwoyearsbutnotmorethanfiveyears Inmorethanfiveyears	43,212 115,550 187,802	49,599 114,710 231,854
		346,564	396,163

19.	Provisionsforliabilitiesandcharges
					2023			2022
					£			£
	Provisionsforliabilitiesandchargesas	at1 April	2022		52,722			194,017
	ProvisionforclawbacksofBPSandHLSincome		accrued
	inyearended31March2023				(5,478)			(78,979)
	RSWTPensionschemeliabilityprovision					-		(62,316)
	Provisionforliabilitiesandcharges	asat31	March		47,244			52,722
	2023
20.	Restrictedincomefunds
	Thesefundshavebeensetasideforspecificprojects.TheseprojectsmayariseoutoftheTrust ongoingactivities,ortheTrustmaybeaskedtocarryouta specifictask. Eitherway,atso stage intheproject,grantsanddonations willhavebeenreceivedspecifictothatproje Thereforeoncea projectiscommencedanyfundscommittedtoitarerestrictedtothatfund. I anticipatedthatthesefundswillbeusedoverthecomingmonthsandyearsastheexpenditu forwhichthesefundswereraisedisincurred.Therearethereforemanysmallfundsandfor
	purposesofstatutoryreportingthesehavebeengroupedtogetherunder					5mainheadings.
	Baianceat =in- Gut-goings		Transfers		Gains/			Baianceat
	31March comings		{to)/from		losses			31March
	2022		Unres-		Transfers			2023
			tricted
£ £ fondPurchase 15,527,148 4,297,500		£		£				£ 19,824,648
GreatFen	110,366 601,100	(333,770)	(28,046)		69,676			419,326
LutonGuided Busway 352,051 39,985		(21,001)	(1,000)					370,035
Highways
England Networkfor	- 38,337	(36,114)	(2,223)					-
NatureGrant
Other
Restricted	2,015,432 1,872,285 (1,636,182)		(413,711)		(69,676)			1,768,148
Funds
	18,004,997 6,849,207 (2,027,067)		(444,980)					22,382,157

	Balanceat	In-	Out-	‘Transfers	Gains/	Balanceat
	31March	comings	goings	(to)/from	losses&	31March
	2022			Restricted	Transfers	2023
	£	£	£	£	£	£
Group
GeneralFunds	3,927,637	3,541,735	(4,845,853)	444,980	854,898	3,923,397
DesignatedFunds:
LandPurchaseand	846,789		(86,800)			759,989
Improvement
Education	403,045		(83,840)			319,205
NewProjects	443,717		(142,592)			301,125
Sustainability WildaboutInclusion Resilience InflationaryPressureon RestrictedProjects	290,000 280,000 1,361,018 100,000	166,000			(290,000) (280,000) (358,449) (100,000)	- - 1,168,569 -
	3,724,569	166,000	(313,232)	-	(1,028,449)	2,548,888
	7,652,206	3,707,735	(5,159,085)	444,980	(173,551)	6,472,285
Charity
GeneralFunds	3,960,640	3,450,459	(4,780,969)	444,980	854,898	3,930,008
DesignatedFunds:
LandPurchaseand	846,789		(86,800)			759,989
Improvement
Education	403,045		(83,840)			319,205
NewProjects Sustainability WildaboutInclusion Resilience InflationaryPressureon	443,717 290,000 280,000 1,361,018 100,000	166,000	(142,592)		(290,000) (280,000) (358,449) (100,000)	301,125 - - 1,168,569 -
RestrictedProjects
	3,724,569	166,000	(313,232)	-	(1,028,449)	2,548,888
	7,685,209	3,616,459	(5,094,201)	444,980	(173,551)	6,478,896

22. Analysisofnetassets	betweenfunds	betweenfunds
	UnrestrictedFunds		RestrictedFund:	TotalFunds
Group	General	Designated
	£	E	£	£
FreeholdProperty	1,032,566	-	-	1,032,566
LandinTenure	-	-	2,169,148	2,169,148
Otherfixedassets	144,797	199,635	677,884	1,022,316
Heritageassets	685,306	22,145	17,655,463	18,362,914
Investmentinassociated
companies	$21,759			921,759
Intangiblefixedassets	42,781	-	-	42,781
Loantoassociatedorganisation:	10,000	-	-	10,000
Stockandworkinprogress	61,743	-	-	61,743
Debtors	863,026	56,879	623,414	1,543,319
QuotedInvestments	800,378	2,325,314	-	3,125,692
Cashatbankandinhand
includingshort-terminvestments	183,383	.	1,902,596	2,085,979
Currentliabilities	(346,577)	(55,085)	(328,305)	(729,967)
Creditorsdueaftermorethan oneyear	(28,521)	-	(318,043)	{346,564}
Provisionforliabilitiesand charges	(47,244)	°	”	(47,244)
Totalnetassets	3,923,397	2,548,888	22,382,157	28,854442
	UnrestrictedFunds		RestrictedFund:	TotalFunds
	General	Designated
Charity FreeholdProperty LandinTenure	£ 1,032,566	£ -	£ 2,169,148	£ 1,032,566 2,169,148
Otherfixedassets	144,797	199,635	677,884	1,022,316
Heritageassets	685,306	22,145	17,655,463	18,362,914
Intangiblefixedassets	42,782	-	-	42,782
Loantoassociatedorganisation:	542,500	-	-	942,500
Stockandworkinprogress	40,203	-	-	40,203
Debtors	862,026	56,879	623,414	1,542,319
IntercompanyDebtor QuotedInvesiments	99,176 800,378	- 2,325,314	- -	99,176 3,125,692
Cashatbankandinhand
includingshort-terminvestments	93,132	0	1,902,596	1,995,728
Currentliabilities	(337,093)	(55,085)	(328,305)	(720,483)
Creditorsdueaftermorethan oneyear	, (28,527)		(318,043)	(346,564)
Provisionforliabilitiesand charges	(47,244)	-	-	(47,244)
Totalnetassets	3,930,008	2,548,888	22,382,157	28,861,053

	Landand	buildings	Other
	2023	2022	2023	2022
	£	£	£	£
Operatingleaseswhich
expire:
Withinoneyear	16,980	16,980	2,054	2,152
Betweentwoandfiveyears	42,000	42,000	1,997	1,997
Inoverfiveyears	766,500	777,000	-	-
	825,480	835,980	4,051	4,149

31March2022thecompanywascommitted easesintheyearto31March2023	tomakingthefollowingpaymentsun	derFin
	Motorvehicles
	2023	2022
	£	£
Financeleaseswhichexpire:
Withinoneyear	-	764
	-	764

			2023	2022
			£	£
	Netincomeforthereportingperiod	(asper
	thestatementoffinancialactivities	before	3,293,587	1,224,844
	interest& investmentincome)
	Depreciationoftangibleassets		189,872	168,574
	Amortisationofintangibleassets		17,114	19,931
	Shareofprofitinassociatedundertakings		(21,759)		-
	LutonGuidedBusway		(35,338)	(39,263)
	BasicPaymentsScheme		(14,260)	(33,293)
	InterestElementoffinanceleases		-		-
	(Profit)/lossondisposaloftangibleassets		(23,638)	(1,000)
	reclassificationtoinvestingactivities
	(Increase)/Decreaseinstock		8,383	(12,334)
	(increase)/Decreaseindebtors		1,546,028	(549,934)
	(Decrease)/increaseincreditorswithin	1year	53,555	(111,705)
	(Decrease)/increaseinProvisionforliabilities
	andcharges		(5,478)	(78,979)
	Netcashinflowfromoperatingactivity		5,008,066	586,841
29.	Analysisofcashandcashequivalents
			2023	2022
	Cashinhand Depositsonlessthan3 months’notice		328,697 1,757,282	£ 185,215 1,437,282
			2,085,979	1,622,497

Analysisofnet
(debt/funds)
	1April	Cashflow	Othernon-cash		31March
	2022		changes		2023
Netcash:
Cashatbankandinhand	1,622,497	463,482		-	2,085,979
Add:Liquidresources
Currentassetinvestments	3,550,402	(251,159)	(173,551)		3,125,692
	5,172,899	212,323	(173,551)		5,211,671
Less:Debt
Debitsfallingduewithin	(764)	764		-	-
oneyear
Debtsfallingdueafterone
year
	(764)	764		-	-
Netfunds	5,172,135	213,087	(173,551)		5,211,671

	Unrestricted	Restricted	Total	Total
	Funds	Funds
			2022	2021
	£	£	£	£
Incomeandendowmentsfrom:
VoluntaryIncome	3,837,288	126,412	3,963,700	1,984,213
Charitableactivities	1,279,725	1,814,439	3,094,164	3,189,482
Interest& Investments	75,022	41	75,063	63,608
GovernmentGrant	3,935	-	3,935	162,254
	5,195,970	1,940,892	7,136,862	5,399,557
Expenditureon:
RaisingFunds	1,077,556	-	1,077,556	702,187
Charitableactivities	3,018,443	1,741,956	4,760,399	4,325,587
Total	4,095,999	1,741,956	5,837,955	5,027,774
Profit/(loss)ondisposaloffixed
assets	1,000	-	1,000	4,000
Netincome/(expenditure)	1,100,971	198,936	1,299,907	375,783
Transfersbetweenfunds	521,942	(521,942)	-	~
NetIncomingresourcesbeforeother
recognisedgainsorlosses	1,622,913	(323,006)	1,299,907	375,783
Otherrecognisedgains/(losses):
Unrealisedgain/(loss)oninvestments	68,828	-	68,828	314,884
Actuarialgainsondefinedbenefit pensionscheme	62,316	-	62,316	34,547
Netmovementinfunds	1,754,057	(323,006)	1,431,051	725,214
Reconciliationoffunds:
Totalfundsbroughtforward	5,898,149	18,328,003	24,226,152	23,500,938
Totalfundscarriedforward	7,652,206	18,004,997	25,657,203	24,226,152

34, Comparati	veInformat	o	-Totalexp	nditureFO	RTHEYEARE	NDED31MARC	H2022
	Staff costs		Other direct	Other Support	Other Governance	2022	2021
			costs	Costs	Costs
			£	£	£	£	£
Fundraising Naturereserve	559,206		400,193	112,445	5,547	1,077,391	702,187
management	1,159,483		1,219,127	233,149	11,501	2,623,260	2,553,416
Widercountryside Partnership	461,224		257,257	92,743	4,575	815,799	607,909
projects Education&	433,134		53,389	87,095	4,296	577,914	591,199
Community RushdenLakes	477,849		120,157	96,086	4,739	698,831	538,400
VisitorCentre		-	42,739	(1,029)	3,050	44,760	34,663
	3,090,896		2,092,862	620,489	33,708	5,837,955	5,027,774

								Total			£	83,374 25,050	321,087	109,644 16,307 65,027	620,489	33,708	654,197
								Support Depn					102,885	12,827	115,712		115,712
								Costs			£	83,374 25,050	218,202	96,817 16,307 65,027	504,777	33,708	538,485
TheWildlifeTrustforBedfordshire,CambridgeshireandNorthamptonshire Notestothefinancialstatements(cont.)fortheyearended31March2023							35. ComparativeInformation- AnalysisofsupportcostsFORTHEYEARENDED31MARCH2022	Fundraising Nature reserve management Wider countryside Partnership projects Education & Community			£ £ £ £	Communications Management Finance& Administration 15,084 4,532 57,248 31,276 9,397 120,835 12,441 3,738 48,066 11,684 3,510 45,139 12,889 3,873 49,799		Premises HR IT 19,837 2,950 11,765 41,130 6,117 24,394 16,361 2,434 9,703 15,365 2,285 9,112 16,951 2,521 10,053	111,416 233,149 92,743 87,095 96,086	Governance 8,597 11,501 4,575 4,296 4,739	120,013 244,650 97,318 91,391 100,825	Allsupportcostshavebeenallocatedonthebasisoftheproportionofstaffcosts

	Balanceat	In-	Out-	Transfers	Gains/	Balanceat
	31March	comings	goings	(to)/from	losses&	31March
	2021			Restricted	Transfers	2022
	£	£	£	£	£	£
Group
GeneralFunds	4,111,504	3,696,970	(3,891,607)	521,942	(511,172)	3,927,637
DesignatedFunds:
Landpurchaseand improvement	908,063	-	(61,274)	-	-	846,789
NewProjects Sustainability	431,087 447,495 -	- -	(28,042) (3,778)	- -	- - 290,000	403,045 443,717 290,000
Wildaboutinclusion ResilienceFund	- -	1,400,000	(10,000) (38,982)		290,000 -	280,000 1,361,018
Inflationarypressureon Restrictedprojects	-	700,000				100,000
	1,786,645	1,500,000	(142,076)	-	580,000	3,724,569
	5,898,149	5,196,970	(4,033,683)	521,942	68,828	7,652,206
Charity
GeneralFunds	4,163,922	3,632,795	(3,846,847)	521,942	(511,172)	3,960,640
DesignatedFunds:
Landpurchaseand improvement	908,063	-	(61,274)	-	-	846,789
Education	431,087	-	(28,042)	-	-	403,045
NewProjects Sustainability Wildaboutinclusion ResilienceFund	447,495	- 1,400,000	(3,778) (10,000) (38,982)	-	- 290,000 290,000 -	443,717 290,000 280,000 1,361,018
Inflationarypressureon		100,000				100,000
Restrictedprojects
	1,786,645	1,500,000	(142,076)	-	580,000	3,724,569
	5,950,567	5,132,795	(3,988,923)	521,942	68,828	7,685,209

Informat 31MARCH2022	on -Analysisofnetassets	on -Analysisofnetassets	betweenfundsFOR	THEYEARENDE
Group	UnrestrictedFunds General Designated		RestrictedFund:	TotalFunds
FreeholdProperty LandinTenure Otherfixedassets Heritageassets Intangiblefixedassets Loantoassociatedorganisations Stockandworkinprogress Debtors Quoiedinvestments	£ 1,045,397 - 191,364 685,306 59,894 70,126 818,517 870,082	£ - - 229,282 22,145 - - - - 1,502,995 1,977,288	£ - 2,169,148 689,628 13,357,963 - - - 767,836 -	£ 1,045,397 2,169,148 1,110,274 14,065,414 59,894 - 70,126 3,089,348 2,847,370
Includingcrecterninvestments Currentliabilities oneyourdueaftermorethan	661,905 (379,451) 45791)	° (7,141) -	1,663,624 (289,820) (353,382)	2,325,529 (676,412) (396,163)
Provisi for liahiliti n charges esand	(52,722)	-	-	(52,722)
Totalnetassets	3,927,637	3,724,569	18,004,997	25,657,203
Charity FreeholdProperty LandinTenure Otherfixedassets Heritageassets Intangiblefixedassets Loantoassociatedorganisations Siockandworkinprogress Debtors IntercompanyDebtor QuotedInvestments eludingchectonthecctments Currentliabilities Creditorsdueaftermorethan oneyear	UnrestrictedFunds Generai Designated £ £ 1,045,397 - 191,365 229,282 685,306 22,145 59,894 - 30,000 43,801 - 763,931 1,502,995 86,524 870,082 1,977,288 644.40 - (364,561) (7,141) (42,781) -		RestrictedFund: £ 2,169,148 689,628 13,357,963 - - 767,836 - 4865624 (289,820) (353,382)	TotalFunds £ 1,045,397 2,169,148 1,110,275 14,065,414 59,894 30,000 43,801 3,034,762 86,524 2,847,370 2808,028 (661,522) (396,163)
Shevses.forliabilitiesand	(52,722)	;	.	(52,722)
Totalnetassets	3,960,640	3,724,569	18,004,997	25,690,206