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2022-03-31-accounts

Contents Page
Chair's
Overview
and Achievements		 for the year 4
Acknowledgements,
External
Links, Mission Statement		 6
Reference and Administrative
Details		 6
Staff 7
Board 7
Structure,
Governance		 and Management 7
Reserves 7
Risk Management 7
Statement
ofTrustees		 Responsibilities 8
Statement
of Financial		 Activities 9
Balance Sheet 8 Notes 10
Independent
Examiner's		 Report 18

eference and a and a dministrative
det		 ails ails
Company limited by guarantee Company
No. 3039299
Registered Charity Charity
Registration
No.		 1051680
VAT registered VAT No. 691317429
Registered office 331 Shooters
Hill
Welling
Kent
DA16 3RP
tel: 02083198900
email: admin
thewoodlandsfarmtrust.		 or
website: www. thewoodlandsfarmtrust. or
Bankers HSBC (Bexleyheath) The Co-operative
Bank
83 High Street 151 Lewisham
High Street
Sidcup London
DA14 6DN SE136AA
Independent examiner Inman
& Co, Chartered		 Accountants
71-75 Uxbridge
Road
London
W5 5SL

Restricted Unrestncted Total Total
Notes Funds
f		 Funds
f		 2022
f		 2021f
Incoming
Resources
Incoming
resources
from generated		 funds:
Voluntary
Income		 32,131 32,131 41,650
Activities for generating
funds		 6,279 6,279 148
Investment
income		 41,493 41,493 44,661
Incoming
resources
from charitable		 activities:
Grants 3,000 11,938 14,938 66,767
Farm 8 livestock sales 23,746 23,746 14,153
Agricultural
payments
received		 10,694 10,694 11,107
Fees received 18,110 18,110 814
Other income 2,404 2,404 2,722
Total incoming
resources		 3,000 146,795 149,795 182,022
Resources Expended
Costs ofgenerating
funds		 2,984 2,984 1,774
Charitable
activities
Farming
& Conservation		 9 3,400 100,329 103,729 106,402
Education 9 - 52,183 52,183 43,282
Governance
costs		 10 10,465 10,465 8,646
Total resources expended 3,400 165,961 169,361 160,104
Net incoming
(outgoing) resources		 (400) (19,166) (19,566) 21,918
Reconciliation
ofReserves
Funds brought
forward		 416,091 131,248 547,339 525,421
Total funds carried forward 415,691 112,082 527,773 547,339

Notes 2022 2022 2021
E 6 6
Fixed Assets
Tangible assets 12 425,994 427,746
Current Assets
Cash at bank 97,369 106,596
Cash
in hand		 862 150
Debtors 8,758 20,517
106,989 127,263
Creditors
Amounts
falling due within one year		 13 4,257 4,997
Net Current Assets 102 732 122266
Total Assets Less Current Liabilities 528,726 550,012
Creditors
Amounts
falling due after one year		 14 953 2,673
Total Net Assets 527,773 547,339
Reserves
Restricted
reserves
Farm fund restricted reserves 15 415,691 415,691
Other restricted reserves 15 400
Unrestricted reserves 16 112,082 131,248
527,773 547,339

.VOLUNTAR Y INCOME
Restricted Unrestricted Total Total
2022 2021
E
Donations 31,201 31,201 39,660
Membership Subscription 930 930 1,990
32,131 32,131 41,650
.INVESTMENT INCOME
Total Total
2022 2021
E E
Rent receivable 41,481 44,625
Deposit account interest 12 36
41,493 44,661
.GRANT INCOME
Transferto
Expenditure Unrestricted
B/fwd Grants This Year Funds C/fwd
W.SocWoolmen 400 3,000 3,400
RBGreenwich
Job Retention		 Covid grants
Scheme (Covid)		 8,071
3,867		 —
-		 8,071
3,867
400 14,938 3,400 11,938

Total Total
2022f 2021f
Rural payments agency 10,694 11,107
10,694 11,107
.STAFF COSTS
The employment costs ofstaff were as follows:-
Total Total
2022
f		 2021f
Wages and salaries
Social security costs		 83,024
3,085		 75,493
2,396
Pension scheme 1,775 1,607
87,884 79,496

Total Total
2022f 2021f
Depreciation —owned assets 7,503 10,970

Farming
&		 Total Total
Fundraising
f		 Conservation
f		 Education
f		 2022
f		 2021
f
Wages 57,726 30,163 87,889 79,496
Travel and motor expenses 3,216 3,216 1,642
Repairs and renewals 13,399 13,399 17,241
Small tools
Projects/education 1,119 1,119 2,138
Events 1,377 1,377 225
Livestock 8,994 8,994 6,762
Farming 3,246 3,246 1,998
Recruitment & advertising
Depreciation - Plant 8 machinery 1,250 1,250 1,451
Depreciation - Computer equipment
Depreciation - Motor vehicles 6,253 6,253 5,103
Depreciation —Building 4,416
Farming
& Conservation
Support Costs —Charitable 1,608 9,646 20,900 32,154 30,986
Support Costs —Governance 523 3,139 6,802 10,465 8,646
3,508 106,869 58,984 169,361 160,104

Charitable Total Total
Activities
f		 Governance
f		 2022
f		 2021f
Wages
Utilities 2,727 2,727 5,982
Auditors fees 1,980 1,980 1,980
Legal & professional fees, bookkeeping 8,485 8,485 6,666
Insurance 8,791 8,791 8,345
Telephone 1,834 1,834 1,053
Computer costs 1,960 1,960 3,000
Postage, printing and stationery 2,607 2,607 1,848
Cleaning 9,163 9,163 7,621
Sundry expenses 3,907 3,907 2,122
Affiliation fees 1,165 1,165 1,015
Non-recoverable t/AT
32,154 10,465 42,619 39,632

2.TANGIBLE FIXEDASSET S S
Land & Plant & Computer Motor
~B iId ~Mh i Vehicles Total
Cost
At 1 April 2021 450,970 30,344 7,427 40,147 528,888
Additions
- Cost		 5,750 5,750
Less - Grants
Utilised
At 31 March 2022 450,970 30,344 7,427 45,897 534,638
Accumulated
Depreciation
At 1 April 2021 35,279 29,095 7,427 29,341 101,142
Charge for the year 1,249 6,253 7,502
At 31 March 2022 35,279 30,344 7,427 35,594 108,644
Net book value
At 31 March 2022 415,691 10,303 425,994
At 31 March 2021 415,691 1,249 10,806 427,746

3.CRED ITORS: AMOUNTS
FALLING DUE		 WITHIN ONE YEAR
Total Total
2022
f		 2021f
Accrued expenses 3,611 2,664
PAYE 324 1,977
Pensions 322 356
4,257 4,997

Total Total
2022 2021
6 E
Loan for upkeep of cattle 953 2,673
953 2,673

5.RESTRICTED RESERVE S
Total Total
2022 2021
E 6
Farm fund reserve 415,691 415,691
Specific funds not disbursed on receipt 400
415,691 416,091

Unrestricted Total Total
Funds 2022 2021
f 6 6
Surplus (Deficit) for the year (19,166) (19,166) 24,118
Funds B/fwd 131,248 131,248 107,130
112,082 112,082 131,248

Unrestricted Restricted Total
Fultds Funds Funds
6 6 6
Tangible fixed assets 10,303 415,691 425,994
Current assets
All liabilities		 106,989
(5,210)		 106,989
~i5,210
Net assets at 31 iNiarch 2022 112,082 415,691 527,773