Company registratn numtser. 03196433 Charty registration number. 1055946 Sayers Croft Environmental Educational Trust (A ¢ompany Iwnited by guarantee) Annu81 R9PQrt and Firwi Statwnonts for the Year ETh 31 May 2023 MSH Accounta Limited 3 Bank Buildings 149 High Street Cranleyh Surrey GU6 8BB
Sayers Croft Envlronmental Educatlonal Trust Contsnts R8fefen¢¢ and Admini8tth"ve Deta'1¥ strateg Report Trustees, Report 3106 Independent Examinofs Report 7108 ststemwrt of Finand81 Actfvh 91010 Balance Sheet 11 Not88 to the Flnanckql Statements 121022
Sayors Croft Environmental'Educational Trust Reference and Admlnlstratlve Detalls Tru¥tw¥ Ann*a Rice Roger Bruce Oean Carol Franklin-Adam8 Linda Mary Mason Vthria Helstrip Penelope Mo Chri8 Wrvjht Ettward Bree¥ehJ S•¢r•tsry Robert Squiffoll Charlty Roghtratlon Numb 1055946 Company Reglstrallon Number 031W33 The charity 18 inco)rated in EngLar. Croft Fiekl Centre Cr¥n10h Rogd Ewhurnt Surrey GU6 7SS MSH Acwjntancy Limrted 3 Bank Buikling8 149 HKJh Street Cranlepah Surrey GU6 8BB R•gl•t•r•d Offic• Ind•p•nd•nl Examln•r Py1
Sayers Croft Environmental Educatlonal Trust Strdteglc Report for the Year Ended 31 May 2023 Tha tru8tO05, vtho ayo dro for the PUfPQBe8 (rf tx)mpany law, pre8ent thoir stratsgic report for th8 yBar and8d 31 May 2023, in complIan wlth #414C of the Compgnw Act 2C#)6. Flnancl•l r•vl•w Pollcy on rnsem8 Wa aim to keep an unre8trlc*ed gonwal r88eN8 of8t18a8t SIXon1h8 rndu¢od wnnkng eo8t8 (£30,OiKI). Prlnclyl rf•k8 and uncertalntl•• Rlsk Th8 Tru8tee5 contlnue lo keep thè Trusfs 8cOvSUe8 under rnwew. particularty with regard to any major physi1 or financial rf8k8 thot may 8r180 from Ima to timo. and to monltor th6 affethen888 of th8 8y8t8m of Inlamal controls and other vlable me•n$, Indudhg In8uranca eovor where appropdata, by vthlch tttrf)so rf8k8 already Idonllfied by the Trustees can bo b•8t mlUg8ted. The 8tratsglc rwirt w88 awoved by the tru8t088 cf I ¢h•rlty 28 FebNary 2024 •TrJ slgned on Its behall ty. Robert Squliyell Cofflpany Sacretsry Rog6r Bru¢0 Clean ChaIn aThJ Trusteo Pa90 2
Sayers Croft Environmental Educatlonal Tt Trustees. Report The twstees. are directors for the wrposes of crynpany bknv, presant the annual rePt kn3ether Vth the financkql statements Of1 charrtabl8 company for the year ended 31 May 2W23. Objectiv•s and actlvltl Objects and4ims The Trust'$ Objective8 aro to thnc• the environmental 9dlatIon of the publK, in partUknr children and young pgople, by the pr¢)ViSi of Olrtdr study, kn"1th'0s and actNths. The aNn8 of the Trust are as fdlows.. To provide wpOrtUne3 for poJpkn to eryoy, appr¢¢iate, urMl8rstsnd and ¢Are for their natural environment - To encourage u8e of our faalrti88 and expertise by indmduah, familK$. local 8chool$ and other groups. partiCLtlarty those who would otheMse not ha¥•E 8$ due lo physul. mèntal, financial, cultural or social circumstsnce8 To run a comprehen8Ne Yth and ccynmunty actwlty pwrammè for chIldn and young peop provtraing fun adventurous a¢tivrtie5 that buihJ 8eff-confiden¢e. seW5teem, leamworf( and leadership and Social skills - To take an active part in tho Sayers Cn>ft 8rte and in en¥ironmental aspts of the k¢•1 Communty as a whole and to Onge rtu.paIKjn in training and wlunteerirrfj OPPDrtun6tW and exFerience8 - Offer th8 Ir68 u80 of our activity base, The Burrtr. orlginaly funded by a grnnt from the Nation Lottery. as a We1kre8reed amenity to locd organised groups - To m8nago Qui kgnd lo pfomde an additional ra8ourc8 in the fomi of a L)ew'gnall Lo(xl Nature Rg8erve wf(h ancient w19nd and Observat hido8, waW8 and bridges enhanced for those with physical disabil.88 and to aecure tha long-tem future of the 8rte in the own8r¥hip of the Trult arKI whKh now accounts for over ham of the overall srt8. Our lmI1&S generalty fall irto tho foikhving cegLvieB: - Educational, challenge and adventure day w$rts for schools and Commun lyp8 - Special educalTonal néeds gTOUPS including dediced holiday pmw8ion - Aft8f-8chool and oul-of-school holhlay. haw lem and weekend programffos - Youth clubs covering age group8 from 1>11 yeafd - Themed birthday part5 - C¢)rpor81e teambuilding and volunteer d Lifelong arning adum aCtItieS - Work expengnce for teenagers avj adults - CSeNatIon actmlies The Trust receives no 8tatutory income and funds its actwttJ8s fr(xn national grant-giving trust8. 8elf48neratfjd Inco through rts 5ubsKli$gd fee structurg. discrelv)nary small grants frc4n local aLbthonties. private arKI corporate ¥ource5 arKI by competing for environmentsl and edu¢*ional awards. P•30 3
Sayers Croft Environmental EdurAtlonal Tt Trustees. Report This year saw a return to relatNe normdty folluwing the prevK)us cCMj of years were dominated by the pandemK. The effe(#s have still been felt mosty in tèrms of staffing as recruitment has tsen drfficult. This has impaded our capacty for visitor¥. Groups have started to retum lo Ihwr prevK)LSS Visrt though. Visrtor8 were ab to enjoy subsidised Vl8ils thanks lo grants reCeId last year. Every chikl WIM) qUaIrf for pupil premium and refLW were able lo attend with their schcol for free. Wèkn alw b•M 1• to ho¥t som• bwj indudlng 8 •umm•r OP day. and our Christmgs trail. The Summer was dominate(I by our conts'nued Part1PaOn in the HolKlay Aclivrties and Food progTamm8- govemmenl funded scheme for chiklren who ieceNe free schojl meals. Ow 300 children attended thi8 programme who enjoyed a full day of actNrtw and a ¢C)ked meal. One high1ht of the 8umm8r was h061iry 80 Ukrainw) refuge88 who had rgcenty movod irrto th8 lotal area. This famity day was wdl recei ty tho local communty and funded by kncal donm. We continued our 1..1 programme$ to help chiklren wth disabilitses and who werenl in mainstream education. These have proved popukv and wlll ¢onts"nue Ir8finIty. We have al80 108lered Ilnk• ith kxal P11 referral unrt8 ththo are incorporatlng us knto thoir interventvJn programm•8. Overall. the Trust welcomed 7210 visrtO over ffinanCl year ccthp8r•d wrth 7092 in 2021f2022 and 2613 dudng 2020r2021. We have d•monslr8ted wr resi1nCe over the past couple of r$ and have como through in a relativaty hedthy ffinanckql position. We l¢A( foM8rd to resofving tho staffing pre8$ur•s and retumin9 to nomiality. Publk ljenefft The ITustew confirn that tW have Compl ith the requirements of 17 of the Charltie8 Act 2011 to have due regard to the public benèfit 9uthnce publlshed by the Chgrity CQrNnissn for England and Wates. Us• ol volunt6•rJ The Trust receives the ¥Y wekome as$i¥tance of a number d volunteers, usuamy in respect of either the 8UP8rvision of thè groups of very small children or vA)en loc81 COrat8 team4>uilding man&Jemenl training teams carry Out prathc81 projects on our behalf. Trustees and offi¢¢Ys The Iru8tees and officors semng during the yoar arwj since the year ervj ware as folltr•A'. Page 4
Sayors Croft Environmental Educatlonal Trust Tru8tee8' Report Tru$t¢•s: Annka Rice Rogef Bruce Dean Carol Fr8nklin-Adm Lvida Mary Mason VKX0ri8 Heknp Penelop8 Mor Chris Wryjht Edward 8rg8vghY Rcthrt SquirrnlS Stru¢turo• gov•mance and manag•m•irt N4turg of govemlng docum•nt The Tru81 was con81ituled a ¢harltsble Ccffipany Ilmtted by guarantee in June 1996 and ' therefore govemgd by ils memorandum and ArtKlos of A8xKiatson. 118 corrwny regi81ration number 18 031W33 ar bts thority number B 1055948. RKrulbnent and appolnlment of trustoes The Diiector8 review from lime lo tsme any nam88 brougm fopward for their con8ideratR)n of thosè who play a ro in the loe81 communty in resFrtt of chihjren. youth or enwronmenl matterg or who have a skill or qudific8lK>n that will hdp thèm lo effeetNely &gdres8 other relevant i88U88 faced by the Trust. If thar• is a unanimous wtsh that they be appointed. the lo 1$ di$¢u8sed wrth the nominee 8nd rf fethant, this IS made at the nexi POSBible Meets'ng of tho Tru8ts0$ frAhyw&J by aFfrcyriats pfowlure8. organisaon of Ouf Work The Trust operat68 88 a separate entity from. but abngsKle. the Say8 Croft Oukloor L8ning Centra on 60 acrg site amongst the Surrey Hills in Ewhurst ne8r Cranleoh. The Charity 1$ organi$od $0 that the Trustee5 meet regularty lo manage rt8 affairs. The Sayers Croft OLrtdoor Leaming Centre Charges the Trust for the servtts of onè frjll tmie Community Education Officer who m•nagg8 tho doy to d•y •Jmifti8trakn of eh8nty, organi8•8 fvndrai8ing inrtiatlVO8 and supervi890 the principal actwth'es of the Trust ond one full tima Assistant Instructor who runs birthday parties. a$si$ls th youth clubs. educational day wsits and any other dut as necessary. Whllst the Centre h88 88 it8 primgry purpose the pr7 of nOrstatU environmentol educgtion and ould¢)or 8Ctwty opportunit3 for young children, particulady those from inner rity schools, the Trust seoks lo maxim8 the potential of the site and rts resources by meekn.ng the t)eeds of local out-of4chool groups, our local yOLrth and adLsIt communrty, thal schools and groups wth special r*eds. Page 5
Sayers Croft Environmental Educatlonal Trust Trustees, Report Employ•0 Invofvom•nt Other Staffing Th8 Sydtom of using asslslant Instrucaors to dgllver Trust organlsed avents c4Jntinuo8 to prove very aff6Ctive. Alongside freolance staff and InstruGtors from Croft thls has enabled group dallvery lo contlnue th Ittde interruptsn. statem•nt of Tru$tso8' Re•pon•lbllftkn• The trustses (wtho aro also the dlrectOTS of rs Croft En%Aronmental Edu¢atlonal Trust for the purposas of company law) are r8sponslble for preparfng the truste89' rgwt and tho financ4al 8tatgments In accordanGe with the Unltsd Klrodom A¢cwnlng Standards {UnW ryd0M Goneralty A¢¢gplgd Accountlng Practlcel and apyllcable law and mguon8. Company law requlr88 the trustees to prgpwe finandal 8tatemèrts for each flnanclal year. Under company law the tnJs1068 mu8t not approv6 tho financial stalfjments unS86s they are 88t18figd that they Ive a Irua 8rvJ fr 6W of tho slat8 of affalr8 of th• ¢haritabl8 compony and of its incomlng re80ur¢es and applkatlon of r080urc88. Indudlng Its In(x)me and expendllure, for that perfod. In prgparfng th089 fln8nclal statements, th• tru8tO98 are requlr•J to: select 8UitalAe aco)untlng poli¢i08 apply them wn818tenUy. ob88rvo Ihe method8 and prfndplo8 In the Ch8dtl88 SORP., maka judgements and osUmalo8 that are rna80n8bla and pnntr. 8tsto lthether app11c8• UK OUntIng Standards have been frAloMd. ¥ubJect to any mat•rfal departure8 dlsclo8od ond explalnod In the finandal gtst•ments: and prepare th8 flnanl 51at8ments on the golng w)¢wn bas18 unle88 1118 Inappropdats to we8ume that thè charitsble company conllnue In buslnes5. The trustees ara rnspon¥lb19 for keeplng adequato a(wunllng record8 that ar6 8uffidonl to $h¢Jw aThl 6XFdaln the charttable companls transactions and diSck) with rg88onablg accuracy at any lima thg financlal posthn ot tho charftablg LpanY and enablo them to ensure that th8 finonrial ¥talemgnts comply wrth the Companles Act 2. They are responslble for safeguarding the assets of the haritable company and h•nc• for tsking r8a8onable 8tep8 for tho preventlon and detecon of fraud aThS other irregulariknes. The annual raport W88 8pproNpd by IruBte88 of the chwlty on 26 February 2024 8nd 819ned on It8 behall by. bert Squlrrell Company Secretary Rthjer Brucg L)gan Chairman Trustsg
Sayars Croft Environmental Educatlonal Trust Independent Examinerfs Report to the trusteos of Sayers Croft Environmental EduGational Trust ('he Company.) I report lo the charty trustees on my examination of the aounts of the Company for the year endeA 31 May 2023. ResponslbllStlos and basls ol rnport A8 the chanty's Iwslee8 of the Corrpany {and aho its directors for the PUse5 of company law) you are re8ponsiblg for the preparatjon of the accounts in accordan the requirements of tho Compani88 Act 2006 {'the 20CI8 Ad,). Having 88tisfieil my8eM that the accounts of Sayers Croft EnronMents1 EdLbcatK)nal Tnjst are Th)t required to audited under Part 16 of the 2C Aet and are ella)10 for independent examination, I report in respect of my ex8mlnalbn of your chanty's accounts a8 carr*d out under seth'on 145 of the Chanties Act 2011 {'Ihe 2011 Act'l. In Carrng out my eXnina1)n I fvltrYd the Direction8 gwn by the Charity Commission under section 145151(bl of the 2011 ACL Page 7
Sayèrs Croft Environmental Educational Trust Independent Examinerfs Report to tho trustoos of Sayors Croft Environmental EduGallonal Trust ('Ihe Compan.) Indgpendont examln•rf8 ststsmgnt I have compteted my examination. l ¢onfim that rK) matters hm m to my attention li conrt¢tion with thè examination giwng me cause to bel.. 1. COUrtting reccrfds wer• Mt kept in rwKt of Sa$ Croft Environmental Educational Tru61 a6 rèquired by 9gth.on 386 of tha 2006 Act., or 2. the accoun18 do not accord with those records; or 3. the acctyJnl$ do not compty with the accounting rnquireffthts of 8&tk)n 398 of the 2006 Act other than any requirement that tho a¢¢ounts gNe a and fa'r whh 18 not a matter considered 88 part of an I19pendent examinat7.. or 4. the aGcounl8 have nat been prepared in accordance whh the meth¢xls principles of the statement of R8eommended Pract8 for accounts'ng and rep)ng by charrties lapplicable lo ¢hantw preparing their Ount$ in accordance )th th8 Financial R•porting Stand8rd appluble in the UK and Republlc of IreL7 IFRS 10211 I have no concems 8nd have c¢e acrosg no ther maiters In conneclkn wilh the examlnation lo which attention should be drwwn in this report in order to enable a proper under8tandirYJ of the accounts lo be r8ach8d. Matthew Hom0 FCA ICAEW 3 Bank 8uilding8 149 High Street Cranleyh Surrey GU6 888 28 Febnry 2024 Page 8
Sayers Croft Env5ronmentsl Educatlonal Trust Statement of Financlal Activities for the Year Ended 31 May 2023 (Including Income and Expendlture Account and Statsment of Total Recognlsed Gains and Lossas) Unrn8trl¢tod funds R•strlet fund8 Total 2023 Income and Endowments frtyn: Donation8 and lega88 Other income 4.246 31,587 25.116 29.362 31.587 Total income 35.833 25,118 60.949 Expendltur• on: Raising funds Chafitable activrtles 11701 63,639 1170} 69,973 6,334 Total oxpenditur Net18xpondrtureYincome Net movement in lund8 63.809 6,334 0,143 27,976 18.782 9,194 127.9761 18,782 {9,1941 Roconclllatlon ol lund• Total fund8 brought foNard Totsl lund8 carrN*d fopward 218.583 57,897 276,480 267,286 Totsl 21722 15 190.607 Unrestricted funds 76,679 Restrlcted fund• In¢om• and ErNlowm•nts from: Donations and legacie8 0th8r income 2.993 45.113 36.945 39.938 45,113 Total inc(xne 48.1( 36.945 85.051 Expondltur• on: Raising funds Charitable actlvltleB 14981 37,57S 1498} 69.975 32.400 Total eypenditure Net in¢ome 38,071 32,400 70,471 10,035 4,545 14,580 Net moNYment in funds 10,035 4,545 14,580 Roconclllatlon of funds Totsl fund8 brought forward Totsl fund8 carried fopwa 208.548 218.583 15 57,897 276,480 The notes on pages 12 to 22 foThn an inlegrnS pgrt ofth•se financd statements. Page 9
Sayers Croft Envlronmental Educatlonal Trust Statement of Flnanclal Activities for th8 Year Endod 31 May 2023 (Includlng Income and Expenditure Account and Statement of Total Recognised Gain8 and Losses) All olthe charity's activitie¥ derive from continuing 0path.0 durirMJ the at*)ve Iwo P8TiCMJs. The funds breakih)wn for 2022 is in notg 15. The Th)tes on pages 12 to 22 fomi an integral part of these financi?1 ¥tstements. Py10
Sayors Croft Envlronmental Educatlonal Trust (Reglstratlon number: 03196433) Balance Sheet as at 31 May 2023 2023 2022 Flxgd assets Tangibl8 assets CurT•nt aM•ts Debtors Cash at bank and In hand 11 144.521 144,521 12 13 1.292 131,847 133,139 817 139,851 140,668 Cr•dltor•: Am•unl• falllng duo wlthln on• y••r N•t currnnt u••ts 14 10,374 122,765 131,959 N•t a•••ts 267,286 276,480 Fund• ol th• charlty: R••trfctsd Incom• fund• Re8trlcl6d fvnd8 78,879 57,897 Unr••trtct•d Inm• fvnd• Unr08trfcted funds 19),807 218,583 Total fund• 15 267,286 276,480 For th& fflnandal >*af ortd 31 May 2023 the dwrlty wa8 entmed to exempfkin from aud undor sodon 477 of the Companl6s Act 21Xk8 rdalng to small CmPanIes. Dkectors. respoMlbllltle8: The memb8rs have rKA requlred the charty to obtaln an aud of Its acixwnts for the ypar In queslh)n In a¢o)rdance wlth 8edon 476: and The direclors acknovAédg8 th81r r8sponslbilltb88 for cOmplng ¥Ath Ihg r•qulrements of tho Ad th P8Ct to accounllng rerdS and the pr8paralkJn ol aca)unts. The finanaal stslemerrt¥ on 9 to 22 were apwoved by the trust, aNI authorw for18gu8 on 26 February 2024 and ¥igned their behall by. bert Squirrell Company Secretsry Floger Bruce Dean Chalm)an end Tru8teo The notes on pages 12 to 22 fomi intogrnl pari ofIFa ffin8ncial 8tatemonts. Pag811
Sayors Croft Environmental Educational Trust Notes to the Financial Statsments for the Year Ended 31 May 2023 I Chaflty status The charity is luniled by guar8nts¢, irthrpJTed in England. and con8equanty does not have shara caprtal. Each of the trustees ts liable lo contribut6 an nount exceedir¥J £10 tthvard8 th6 assets of the charity in the event of 1Uallon. The addre$$ of ts registered office is.. Sayers Croft Fkl Centre CTanleigh Road Ewhurst Surrey GU6 7SS These fmancial 8tatom•nts authcrfi••J for iswo by tho InJsto•s on 26 February 2024. 2 Accountlng pollcle• 8umm•ry ol •lgnlllc•nt accountlng pollcl•• and k•y accountlThg •¥¢lma¢ Tho prin¢ipal a¢¢ountin9 pclicies applied in the preparation of these finanry818tatemenl8 are set cwt b¢?•¥. Thes• Pol1 have b••n ¢stentfy WId to al the pr•8ented. unless otherMs& staled. Statom•nt of ¢ompll•nco The financial 8tatement8 ha boon prepared in COrdanCe vthh Accourrting and Reporting by Charities.. St81$menl of Recommended Practice (applicable to ¢hariti'os preparing their accounts in accordance with the Financial Reporting Standard applicab In the UK and RepublK of Ireland IFRS 1021) (issuèd in October 20191- (Charities SORP IFRS 10211, lh• Finarwl R¢porting Standard applicabk> in the UK and Republic of Ireland IFRS 1021 and thè Companies Act 2fj. 8a•h of Pf•parntlon SayerB Croft Environmental Educational Trust me8ts the definthon of a publc bengfft gntty under FRS 102. As50ts and li8bilrties are initsalty recognised at hislorieal cost or tr8nsath.on value unles8 othe13¢ 8taled in the relovant accountirvJ poly note8. Golng COnM The trustees consider that thero are no matenal unc•rtaintse¥ about the chariV8 ability to continue as going ¢oncem nor any 8ignrfK8nt areas of uncertainty thgt affect the carrylng value of a880ts held by the charity. Exemptlon frnm preparing a cash flow statement The charity opted to early adw Bullets'n 1 published on 2 Februwy 2016 and have therefore not included a cash slalemenl in these finanal $LementS. Page 12
Sayers Croft Environmental Educatlonal Trust Notes to tho Flnanclal Ststomonts for the Yoar Endod 31 May 2023 Income and endowments All income is I09n1$ed ¢)nce the thaTty has entitknnt to the ints)n, it 1$ prob58 that the income wll bo recèNed and the amount of the income INable can be moasur•J relHbty. Donjllons •nd legacles Donaions af8 recognised when the ¢harity has been ncl[f in writing of both the amount and 8ettlemenl date. In the event that a dOnatn 18 8ubject lo conditions that require a18vd of perfomiance by the Gharity before the charity is entrtkd to the funds, the Income 1$ deferred and not recognised until erthgr Ihooe conditions are fulty met, or the fvlfilment of those condrtions is wholty withui tho ¢ontrol of the charity ar)d it 8 Pfobablo that the88 condition8 wll be fulled in the reporkn.ng penod. Grants are rec¢)gnMed when the charity has an enliuement to the fur8 and any condition8 linked lo the grants have been met. Where performance CondrtS are attach&J lo the grant and are yel lo be met, the income 18 recognised a8 a liablty and included on the balance sheet as deferrthl income lo be released. Exp•ndltur• All eendrtUI8 is recognised once there is a legal or ¢onstN¢tive c&loation to that expendituro, it i¥ probable $ettlefront is required and the amount ean be measur&J reliabty. All ¢08ls arè all¢xated lo the applicable expendrture hgading Ihol aggregate similar costs to Ih8t Cslegory. wre c0818 cannot be directly 8ttributed to p8rtJ'cular headings they have been allocated on a basis conli818nl wilh thg use of resources, wlh central staff costs allocatsd on the basis of time spent. and depreciation chargas allocated on Ihg Portion of tha 088et'8 Ule. Other supwt c(Ats are alhxated bawJ on the sproad of staff ¢081s. RsIng lunds Th688 are co8t8 incurr•d in attr8th.ng bwfvjntary in¢4xne. the m8nagement rf invwlments and those incurred in trading activrties that lunds. Charitable expendrture Compris those costs incurred by the chanty in the delivery of rts tl¥rtIeS and 8ervices for its beneficiaries. 11 include8 both Costs that ba alated direcuy lo such aclivili06 and those cost¥ of an irKlirect nature nece88ary lo support th8m. Support co#ts Support costs include central fundA?ns and been akKated lo athity cost catw'e8 on a b8818 consislenl with Ihg use of resources, for example, 8llocaling prcijety costs by Iloor area8, or per capita. staff c0818 by thg ts'mo ¥wt and cAher costs by their usagg. These indude the costs attnbutable to the chantys eomplhqnce wilh constitutional and statutory reqUirents, including audi( strategic management aThJ trustees'3 meetings and reimbursed expenses. P8 13
Sayers Croft Envlronmental Educatlonal Trust Notes to the Flnanclal Statements for the Year Ended 31 May 2023 Government grants Government grants are recognised based on the accrual model and a Measur al the fair value of the a88el received or reVab. Grants are classthed as reLqling either to revenue or to a88818. Grants rglaling to fevenue are rgc&JniwJ in inccrfne over the pgriod in which the related costs are recognised. Grants rekling to asset5 are recogni5ed over the expetsl useful lrfe of the aB6el. Where part of a grant relating lo an asset is deferr, rt recegntsed as deferred income. ratIOn The charrty cOndered to p888 the tests 8et out In Parryrryh 1 Sched8 6 of the Fln8nc8 Act 2010 and therefore it meets Ihg definrtK)n of a chaiitable company for UK Corporation lax purposes. Accordingty. the charty is potentialty exempl frcffn laxali¢)n in respect of in¢cAne or ¢aprtal gains receNod within calegorieg eovèred by Chapter 3 Part 11 of th8 Corporalk)n Tax Act 2010 or S8cth)n 256 of th Taxation of Chargeablg Gain8 Act 1992. to the exlent that 8uch incom& gains are applied exclusivety to charitable purposes. Tanglble fixed a•••t• Individual fsxed asset8 costing £ 500 or more are initialty recrthd at M8t, Iw any 8ub8equent aUMUlated depreaalion and subseqLbent accumulated hnP8iMnt )¥. Dopreclatlon and amortl8adon Deprecial¢on 18 pfovKled on tsngble fixed assets 80 a8 to WTito off the c08t or ¥aat, 1988 any e8timaled residual value, over their expected useful aconcffiic IFfe as folthvs.. A•••1 cla Buildings Equynent D•proclallon m•thod •nd r4t• 10% straht line 10% 8trayht lina Trnd• d•btorn Trade del)lors are wnounts dué fr¢ custrn for morchandi8e sokl or perfomied In the ordinary course business. Trade debtor5 are rectsjnised inthalty at the transaction pno. They S sub8equentty measured at amortised cost using the eifectNe interesl methc41, less pn)Vi8*)n for mpaimienl. A provrdion for the impairm8nt of tr¥do dobtorg is est8blrth•d when there is obj8Ctive evNJence that charity wll not be 8bl8 to collect all amounts due )rding to the original temis of the recorvabl89. Ca•h and cash equlvalents Cash and cash 8quivaknls comprise eash on h8rKI 3rKI call deposit8, and ¢)ther 8hort-temi hwdhty Ilquld investments that are reedity convertible lo a known 8mount of cash and are subj'ect Io 8n insignfficant risk of change in value. Page 14
Sayers Croft Envlronmental EdurAtlonal Trust Nots8 to the Financial Statsments for the Year Ended 31 May 2023 Borrowlngs Interest-bgaring borrowin9s are Init1 recorded * fair vdue, nel of transacbon costs. Inlere5tearing borrowings are subsequenuy cArTigJ at amortmed c08t. tmth the difference betrn the proceeds. net of transaction costs. and the amount due rwJemption being re¢ognwd 86 a charge to the Statèment of Financial Actiwli86 over thfj Per of the relevant rng. Interest exFen86 is recogniwj on the b3818 of the efftNe interest mothcxl and 18 Includ In intere81 payable and similar charge8. Borrowings are classified a8 current liabilit unlèss the charrty has an uncondith?nd right to defer setuemenl of liabilty for al least fv¥efve m¢Jnth$ after the reporting datè. Fund structurn Unreslricled incorm fund8 arn g•n•ral furMl# that aro awailablg for u86 at tha IruBteg8 discrekn'on In furtherance olthe oblectlves of the charrty. Reslflcted income fund8 are Ih¢)8e donated for u80 ii a pathular aroa or for 8pKffi¢ purpose8, the u8e of which $8 restnctwj to that ar88 or puw. 3 In¢¢)m• from donatlon8 and legacl81 Unrestrlclod funds Genornl RMtrlct•d nd• Total fund• Donation8 and l8g&180', Donation8 from individuals Donats'ons frcm communty group8 Grants, including caprtal grants, Govemment grants Grants from other charlt 4,246 4,248 2,500 8,318 14,300 8,318 Total for 2023 4,246 25,116 29,382 Total lor 2022 2,993 P15
Sayers Croft Environmental Educational Trust Notes to the Financial Ststements for tho Year Endod 31 May 2023 4 Olh•r In¢om• Unrnslrfthd fundJ G•n•rnl Totsl lund¥ Fee8 and 8uppke8 31,587 31,587 Total for 2023 31,587 31,587 T¢>t•l for 2022 45,113 45,113 6 Expondlturn on ral*lng fund• al Invo•tm•nl managom•nt costs Unmtrlct•d funds G•n•ral T¢)tal fund• Alkrtated support CO8ts 170 170 Total for 2023 170 170 Total lor 1022 Total 6 Expendlturo on ¢h•rllablo acllv511•s Unrnstrlthd nd¥ Genernl Ro8trlctod fund? Total fund• 51.301 6,334 57,635 5,090 7,248 AIIoc8ted support costs Govem8nco eost8 7,248 Total for 2023 63,639 6.334 69.973 Totsl for 2022 37.575 32.4CK) 69,975 Page 16
Sayors Croft Envlronmentsl Educatlonal Trust Notes to the Flnancial Statements for tho Yoar Ended 31 May 2023 Total expendlturo In &Jil)n to the e>penditure anaty8ed above, there are dso govemarKe costs rA £7,24812022 - £4,677) which relate dirKIty to chanlable a¢twit$. See note 7 for further detsils. 7 Analys1• ol governan¢o and Support co•ts Gov•rn•nc• costs Unro•trlct•d nd8 G•n•ral Total fund8 Indap8ndènt examiner fees Examination of the financial Stat6ntr Legal fo88 1,296 5,952 5,952 Tot•1 for 2023 7.248 7,248 Total for 2022 4,677 4,677 8 Truste rnmunoratlon and expenu• No Iruslees. nor any per8on8 connected wh tt, have received any rnmuneration 1M the chanty during the year. No tru8le88 have recefved any reimbursed oxpon88s or arry other bel from charity during the 9 Indep•nd•nt •xamln•rfs rwnun•ratlon 2023 2022 Exaninalion of the finandal staknnts 1,342 10 Taxath)n The chaiity 1$ a register&J charity arKI is thereth exempt from taxation. Py17
Sayers Croft Environmental Educational Trust Notes to the Financial Statements for the Year Ended 31 May 2023 11 Tanglbl• fixed a*¥ets Lond and bulldlng• Fumlture and •quipm•nt Totsl Cost At 1 Jun• 2¢y22 188,604 14,077 202.681 At 31 M8y 2023 D•pro¢kntlon At 1 June 2022 188,604 14,077 202,681 44.083 14,077 58,160 At 31 May 2023 44,083 14,077 58,180 Not book valuo At 31 PAay 2023 Al 31 May 2022 144.521 144.521 144,521 144,521 12 Dabtorn 2023 2022 Tr8dè dèbtor• 1,292 817 13 C••h and cuh •qulval•nts 2023 2022 Cash on hand Ca8h al bank 140 131,707 140 139,711 131,847 139,851 14 Crndltorn: amounts falllng du• wlthSn on• ymr 2023 2022 Oth¢r creditors 10.374 8.709 P8 18
Sayers Croft Envlronmental Educatlonal TnMt Notes to the Financial Ststements for the Year Ended 31 May 2023 15 Funds Bal•n¢e •t 1 June 2022 Incomlng Resourcm 8alane8 at 31 sourca expended May 2023 Unr••trl¢t•d funds Genoral Tangible Net Assets Other Net A88et8 144.521 74.062 218.583 144,521 46.086 190.607 35.833 63,809 63,809 R88trlctsd fund8 Henry Smith E%thurst James Roll Trust Communty FwrKlatlon Casey Truit CtrOperalNe Communty Fund SY YourKJ Carer8- wreath making Gr(yJnohKirk. TeJco de 8rye Charrtable Trust Ha8lemerè Challice Fund Evacuee Group Club 4 - FL4F Lose & Guildway Charitable D of E Special Needs Downlands Educational Trust Ewhurst PC Village S¢X Montague Thompson Ccon Ellens Green Youth Club CFS Hoist- Comic Relief CFS Hoist- Surr8y Spc¥ts Fund Ewhurst Open Ganlen8 CFS Hamilton Fund Ethurst Camival Bamham ChaTrtablo Foundalion Hedley Foundation Guildford E8cape R¢rn5 Julie Rashbrooke Memori81 Alehemy Foundati( Douglas Heath Eve 6.811 6,611 1,840 23 122 138 2.000 3,925 23 282 138 2,1)00 3.925 1160} 8.318 {6,174) 2,142 1.170 1.170 405 2.8 1.310 828 1,310 628 1,718 2,033 2,718 2,033 soo 832 1.000 104 2.899 2,256 500 832 104 1.756 500 Page 19
Sayers Croft Envlronmental Educational Tnt Notss to tho Flnanclal Statomants for the Yoar Endod 31 May 2023 Balanee a11 June 2022 Incorning Rvjources •xp•nded Balanc• at 31 May 2023 SoLrter Charitable Trust Lynn Foundation Broughton Trust Cliff Richard Trust Broysl FourKl8tion LNR Maps & Posts Coleman Charitablo Tru8t calIa Botn8r Foundats'on Efica Leonard Tru81 Other lurKI8 and events ModIar Chantable Trust Penningt{ Mancho H8mameli8 Tru$l Oglivie Chanty Gledswooa Charitable Trust Ellen8 Green Mi88ion H811 Fund Toplher Fund SCC Pamda Ch8mplon Foundation Totsl r••trfclod lund• 1.364 500 1.000 1,000 10.1]00 750 259 10,o¢XI 750 2,259 1,000 1.000 500 1.800 57,897 25,118 6.334 78,679 Totsl fund• 276,480 0,143 267.286 B•lan¢• at 1 Jun• 2021 Incomlng RQree8 •xwnd•d Balanc• at 31 M•y 2022 Unrn•trlct•d fund• General Tangible Nat A88ets Other Net Awts 144.521 64,027 208.548 144,521 74,2 218 $83 48,1 38,071 R•8lrkted Hènry Smrth Ewhurst James Roll Trust Communty Foundation Casey Trust cOPerate Communty Fund SY Young Carers - wreath Man9 Grounthwork- Te8CO 2,000 6,611 1.840 23 282 138 21.883 115.2721 756 282 (733) 12241 Page 20
Sayars Croft Environmental Educational Trust Notes to the Flnanclal Statements for the Yèar Ended 31 May 2023 Balance at 1 June 2021 Incomlng Resources expgnded 8alanee at 31 May 2022 de 8rye Chartse Trust Haslemere ChallK¢ Fund Evacueg GTOUP Club 4- HAF Losety & Guil¢lwray CharTtabl8 D of E Spwal Needs DownLand8 EdtiOnal Trusl Ewhurst PC Village Soc IAontague Thompson Coon Ellens Green YoLth Club CFS Hoi5t- COM Rel*f CFS Hoist- Surrey Sports Fund Ewhursl Open Gardon$ CFS H8miliM Fund Ewhur81 Carnival Barnham Chafttab Foundth'on Hedby Foun¢Jalion Guildford E8C8pe Room8 Julie Rashbrooke Memork Akhemy FOuratIOn Douglas Heath Eve Souter Charitsble Tw$t Lynn Foundation Brought¢)n Trust cirfr Richard Trust Broy31 Foundotion LNR Maps & Posts Coleman charitsb Trust Came1 Botnar FoUndatn Erica Leonard Trust Other funds and events Modiano Chaiitable Trust 2.000 3.925 3.925 750 {282) (14.210) 14,210 1,500 1,170 1.170 15001 19351 405 2.968 1,310 628 3.903 1.310 628 1,718 2,033 1.718 2,033 832 104 2.899 2,899 1,7S8 500 (244) 1.000 780 2.000 10.000 750 259 1,000 220 10.000 750 259 Total TrStrfGt funds 53.352 36.945 32.400 57.897 Totsl funds 261.9(M) 70,471 276,480 P•3e 21
Sayers Croft Envlronmental Educational Trust Not•s to tho Financial Statsmonts for the Year Ended 31 May 2023 16 Anatysis of not ass•ts boi*wn fund• Unre¥trfct•d funds Gonernl Total funds at 31 May 2023 R8strictod fvndj Tangible fixed a88ets Current assets Current liabilrties 144,521 56.460 10,374 144,521 133,139 10,374 76,679 Total net asBel¥ 190,607 76.679 267,286 Unrestrlet•d funds G•n•rnl Total fund• t31May 2022 Re•trlGtod fvnd• Tangible fixed ai#èt• Current assets Current Ilabilrties 144.$21 83,030 8,709 144.521 140,668 8,709 57,838 Total net assets 276 480 Pag8 22
Sayers Croft Environmentsl Educational Trust Statement of Financial Activltias by fund for the Year Ended 31 May 2023 Restrlcted Funds Total Total Re8trl¢ted Restrictod Funds Fund$ 2023 2022 Incom• and Endowments from: Don81ion8 and legacies Total income 25,118 36,945 25,116 36.945 Expendlturn on: charitab actMti88 32,400 Total expenditur• Net Incom6 6.334 32.400 18.782 Net movement in fund8 18,782 4,545 RKonclllatlon of funds Total funds bmughl forw8rd Totsl funds carried ftmward 57,897 53,352 76,679 57,897 This pag8 dca not f(mi part ofthe atul¢ry ffinan statemonts. Page 23