Company Number: 03788484
Charty Nurnber.. 1079635
THE ARBORY TRUST
IA company limlted by guarantee and not havlng share capital)
REPORT AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2022

THE ARBORY TRUST
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
Contents
Pages
Trustees. report
Independent examiners, report
Statement ol financial activities
Balance Sheet
Notes to the linancial statements
7- 13
Princlpal addrèss..
ThG Lodge
The Barton Woodland Burial Ground
CombertDn Fioad
Barton
Cambridge
C823 7BA
Company Number:
03788484
Charlty Number:
1079635
Bankers:
Barclays Bank PIC
Cambridge
CB2 3XN
Solicltors:
Lee Bolton Monier - Williams
1 The Sanctuary
Westwinster
London
Independent Examiner
Ms N Hedger BFP FCA CTA
7 Quy Court
Colliers Lane
Stow-cum-Quy
GB25 9AU

THE ARBORY TRUST
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2022
The Trustees present their annual report with the financial statements of the Trust lor the period ended 21
December 2022.
OBJECTIVES AND ACTIVITIES
The Obje￿ ol the charity is tho provision and maint8nance ol public burial grounds in the advancement of
Christian religion. The TYusle&s in selling their objectives have had due regard lo th& publi¢ benèfit
guidants issued by the Charity CorrTrllission.
ACHIEVEMENTS AND PERFORMANCE
Tho popularity ol Barton continues. We are using the glades in the North Glebe lor Burials and have filled
Glade 1 (Hornbeaml, Glade 2 IAspenl, Glade 4 IBirchl, Crab Apple (Glade 51 and Willow (Glade 3}.
Spindle (Glade 81 and Oak (Glade 71 and Wayfaring (Glade 61 are now open.
There were in total, 181 burials and 114 interments ol ashes in 20221195 8LJrials and 90 Ash inlernmenls
in 20211. There was a consistent flow ol Funerals throughout the year. There have been relaxed covid
restricllons in line with governmerFt re¢ommendations.
Burial reservations have not been allowed since 2019. The Trust can retract that de¢ision at any time in the
future. People are allowed a reseNation when it is booked al time of the burial of their loved one. We see
to be taking more double depth reservations because ol this.
The Trust were very grateful to Mrs Pauline Bennell who in¢luded The A￿ory Trust in her Will. Mrs
Bennett generously bequeathed from her eslale £108,305. This gift will help rnainlain the woodland burial
groLtnd for years lo come.
The Trusi anticipates that the number ol reservations and interments in 2023 will continue to match if not
exceed that of previous years. 11 is the dedication and coh8sion of the whole team, whether employees or
volunteers both at Barton and Ely, that contributes hugely lo the Trust's success.
The Trusie8s expect that Glebe Rise in 2023 will be fenced, tracks and parking constrLTCted and planting
commenced.
Truslees
Francis Burkitt and Paul Evans have joined the Trust
REVIEW OF THE YEAR
The net surplus for the year amounted to £196,59712021 £138,308).
Rl$k analysis
The trustees confirm that major risks to which the Trnsl is exposed are reviewed regularly. The Iruslees
delegate to a Working Group ol Iruslees the task ol ensuring that risks are reviewed and managed.
Reserves pollcy
The Trust aims to hold free reserves sufficient lo cover 12 months of ¢haritable expenditure, currently
estimated al £ 95,000. At 31 December 2022 the Trust's free reserves were £957,813. The long term aim
of the reseNes is to enable for future acquisition ol land lor woodland bLJrials, either al Barton or elsewhere
and lor site maintenance in.perpeluily.

THE ARBORY TRUST
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2022
COVID-19 Impact on the Arbory Trust
Concerning Covid-19. There have been no operational risks We still have reduced numbers ol attendees
and they are limited lo the service room only, no standing and any overflow have to stand outside.
Slaff do not inleracl with mourners in the service room and do not play music lor the funeral, that is now
the responsibility ol the funeral directors. This keeps staff safe and away from the volume ol mourners.
W8 still put distance slgns up outside the doors on funeral days.
Plans for the future
The plans for the future include the preparation ol drawings and applications for an oxlension to the
Service Lodge in order that our families can be sealed rather than stand outslde.
We also hope to start planting on our newly acquired land north ol our sile called Glebe Rise in December
2023.
Fiegarding Covid 19, we will still plan to have safely measures in place including social dlstancing signs
and saniliser in place around the venue. Signs will be present to remind pèople lo b6 careful. We will keep
th$ Lodge well ventilated when families are having a seNlce.
STRUCTURE GOVERNANCE & MANAGEMENT
The charity was incorporated as a Gompany Ilmiled by guarantee on 11 June 1999 and registered with the
Charity Commission on 29 February 2000. charity number 1079625.
Day to day managerllent of the work of the Trust is undertaken by Ihe Manager, under the direction of the
working gyoup of T¥usle&s. The working group meets 4 limes per yeai, usually February, April, June and
November and the full annual meeting takes place in September.
Appolntment ot Trustees
The Chaiiman of the Trust must be a Bishop of the Church ol England. Other trustees are appointed to
provide expertise in the following areas.. land and woodland management., finance,. ecological matters,. and
burial practice ot the Christian Church. All ol Ihoso areas are covered by the cur¥enl trustees. Upon
appointment new Iruslees are given an induction pack, whlch includes working group meeting mlnutes,
past issues of the newsletter and the most recent annual accounts, and are invited to attend a Iruslees
meeting before accepting the trusteeship.

THE ARBORYTRUST
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2022
Trustees. RsponSi￿1n}es
The trustees are respor*sible lor PFyring financial statements for each financial which give a true
and tair view of the stale ol affa¥r8 of the Irt￿t as at the e[￿ of the linanoial year ancs ofthe surplus or defirit
Df the IrLtst fur that period. In preparing those ftnanaial 51alements, Ihe trusiees are required to-
sèlect SUita￿e accounting polieios and then applythom consistently,
make judg8m&nts and est5mates Iliat are ￿sonable and prudent,.
comply with applicablo Accountlng Standards, sublect to any material departLsres
d[￿10$ed and &xplai[￿j in the f5n&ncial staternents;.
preparo the ftftanryet Stat￿nents on thtr going concern basis unless it is
inappropriate to presume that the tiust WH Gontinue in busines8.
The Irugtees ￿e responsibte lor rnairrtallil￿ prO￿r aceounting reeordg whlch dIsclosè vAth reasonable
accuracy at anytr.mè the ffnancial pDsition ol the trust And to enabfa them to ensurt)that the linancial
slalernerrts compty ￿ the Charittes Act and zhe CDmpani8s Act 20Q6. They are also responstile lor
saleguarding the assets of the trist ¥md hw¢e lortaking rmsonable stéps for th8 pr¢veThlion and detsctton
of fraud and other irregularities.
ChaTIty Trustees
The Trustees who Se￿¢d dtsrtng the year were.,
Thg Rt Rgvd 8ishop ot Ey $18ph9n Conway Ichalrrnan)
Sir Hugh Dubèrly KCVO CBÉ
Th8 Lord Falrhaven (resigned 2 April 20221
Th& Revd Peler C Owen Jones
Mr Howard John Dellar
Dr Garalh John Thomas
Mrs Judy Pearson
Mr Rlchard Pembèrton
Mr John Booeock BEM
Mrg Deryn Coe
Mr Paul Lawson Evans
Mr Fraros Willialn Mites Burkitt
Se¢rekry
Mrs S Nli
Stgned by=
The Rt Revd Dr Dagma¥ Wintsr, Bishop ol Huntsngdon, Acting Bishop ol Ely
ale.-

THE ARBORY TRUST
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2022
I report lo the charity trustees on tny 8xaminalion ol the accounts of the company for the year ended 31
DecerFibeT 2022 whi¢h are set out on pages 5 to 13.
RESPONSIBILITIES AND BASIS OF REPORT
As the charity trustees of the cornpany you are responsible for the preparation of the accounts in accordance
with the requirements ol the Companies Aot 20061'the 2006 Act'l.
Having satisfied myself thai the accounts ot the company are not rÈquir8d to be auditgd under Parl 16 01 the
2006 Act and are eligible for independent examination, I reporl in respect ol my examination ol your companws
accounts as carried OLrt under section 145 of the Charities Act 2011 l'lhg 2011 Act'l. In carrying out my
examination I have followed the Directions given by the Charity Commission under section 14515}Ibl ol the
2011 Act.
INDEPENDENT EXAMINER'S STATEMENT
I have completed my examination. I confirm that no matters have come lo my attention in connection with the
examination giving me cause to believe that in any material respect:
lal ac¢ounling records were not kept in respect of the company as required by section 386 of the 2006 Act., or
Ib} the accounts do not acGord with those records. or
Icl the accounts do not comply with the accounting requirements of section 396 of the 2006 Acl than any
reqLtirement that the accounts giv8 a 'true and lair view. which is not a matter considered as part of an
independent examination- or
Idl the accounts have not been prepared In accordance wrth the methods and principles of the Statement of
Recommended Practice lor accounting and reporting by charities [applicable to charities preparing their account
in accordance with Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 10211.
I have no concerns and have come across no other matters in connection with the examination lo which
attention should be drawn in this r8POrt in order lo enable a proper understanding of the accounts lo be reachec
Naomi Hedger BFP FCA CTA Ilndependent Examiner)
Dale.. 14 September 2023
Chater Allan LLP
Chartered Accounlanls
7 Quy Court
Colliers Lane
Siow-cum-Quy
CB25 9AU

THE ARBORY TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2022
Unrestricted Funds
General Restricted Total
Fund
Fund
2022
Total
2021
Nole
Income From:
Donations and legacies
Charitable activities
Investments
111,425
238,564
7,883
111,425
238,564
7,883
4,710
210,212
7,228
Total
357,872
357,872
222 150
Expenditure On:
Charitable activities
125,965
125,965
120,734
Total
125.965
125,965
120,734
Net gainlllossl on investments
135,3101
135,3101
36,892
Nei Income (Expenditure)
196,597
196,597
138,308
Transter between Funds:
Net Movement In Funds
196,597
196,597
138,308
Reconoillation Of Funds:
Total funds brought forward
1,420,681
1,420,681
1,282,373
Total funds Carried forward
1,617,278
1,617,278 1420,681
Contlnulng operatlons
None of the Tr￿$t'S activities were acquired or discontinued durlng the above two flnancial periods.

THE AR8ORYTRUST
8ALAN¢E SHEEr
AS AT 31 DECEMBER 2022
Company Mumbèr" OY788484
2022
2021
Note
AXED ASSErs
Taroiblè assets
Investments
659,465
269,799
639,957
297,2fl
CURRENT ASSErs
Stodi
Debtors
Cash * bank
1,098
164,728
1,Q38
163,728
323.149
487,913
693,Sr2
CREDITORS
Amounts talling due vrithin 0￿year
4,416
Myr CURRENT ASSETS
TOTAL ASSETS LESS CURREIIT LLABILITtEg
1,617,278
1,420,681
NET ASSErs
1,817278
1420.681
FUNDS
Unre51ricbd fu￿1$.
Gener￿ f￿d-
other reser¢es
ReV￿Uation rèserve
1,574.043
43235
1,342.136
13
1,617,278
1,420,681
1,617.278
1.420,681
Th8 charilat)le ¢ory&ny TS ¢ntitled to exemption from audit 477 olthè Gomparri&s Act 2006 k)>
the year 31 08¢etrber 2021
Tho mgmbÉrg have Thot rwfjred the CDEnp8ny to obtsin an audit of its tiNand¥ statsments lor the yw enised
31 Dèrkmbfjr 2022 in aoxdance *lth SectK)n 476 01 lh& Companles Act 200$
The truslees ackn￿edge lhe￿ rosponsibllttos for.
lal ertsuring Ih8lthB chaiii&bl8 company keeps acwunting r￿r￿S ￿le0 compty ￿￿(h Sectiors $86 and 387 otthg
Cofflpaniv&sAc12006 and.,
(bl p￿paring tinan¢t￿ stat￿￿rts whith gNe a tr15e and law view of th8 St￿6 affairs of the charitable company
as al tke encl ol pach finakial year and ofils proltt or loss lor firRncTra5 y8* In accordance ￿th the
r￿Ul1￿mentS ol Sections 394 and J95 and which othèrwi￿ oomply w¢lh th8 re9uir&mgnts of the CornpanT8S Aet
2006 relating to fina￿la1 statements, so far as ap￿[cable tr) the charitable company.
Thè finan¢ial st*omènts apwov8d tythe Board of Tn58tse5 on IJ. 0É2Q3 and w8rÈ signe4 on its behatf
by:
Thè Rt R&
Acring Bis
r Dagmar Winter, &isho
of Ely
l Huntingdon,
I41d￿rd PÈmtserto
Tiuste8

THE ARBORY TRUST
NOTES TO THE FINANCIAL STATEMEMrs
FOR THE YEAR ENDED 31 DECEMBER 2022
1. ACCOUNTING POLICIES
la} 8asis of accountlng
The linancial statements have been prepared under the historical cost convention, with the exception ot
investments Nvhich are includ$d at market value. Thè financial statements have been prepared in
accortlanc¢ with the Accounting and R6POrting by Charities.. Slaiemenl ol Recommencled Praclice
applicable lo charities preparing Ihelr accounts in a¢wrdance with the Financial RepDrting Standard
applicable in the UK and
The Charlty constltules a public benefit entity as defined by FRS102
Ibl Income
Income is r$¢ognised when the charity has enlillemenl to the lunds, any performance condilitins
attached lo the item of income have boen met, it is prOb￿e that the income will received and the
amount can be measured reliably.
Reservation le&s are recognised upon receipt and not Ireat8d as restrided due lo lulure costs being
negllgible
{cl Expendlture
Expenditure is recognised once there Is legal or constructive obligation lo make a payment to third
paty, it is probable that settlement will bo required and the amount ol the obligation Can be m8asur6d
reliably.
{dl Tanglble Ilxed assets
Land is not depreciated. The Memorial Lodge and il's lumishings are depreciated to write off the cost
over the estimated useful life ol between 10 and 25 years. Computers are depreciated over an
estimated useful life 013 years.
le) Taxation
The Company is a reglslered charity and as Such is not liable lo taxation.
(f) In¢ome and expendlture
The inclusion ol an Income and Expenditure account is not deemed necessary as the relevant
information is inclLKled in the Stslement of Financial Activities.
{gi Investments
Investments lis16d at the stock exchange are slated al market value al the balance sheet date. The SOFA
includes th& net gains and losses arising on revaluations and disposal throtsghoul th& year.
(h) Penslon conlrlbutlons
The CDmpany operates a defined benefit pension scheme for one member ol stsff. It is a rnutti-employer
schemè and tl is not possible to attribute scheme assets and liabilllies to specific employers. Contributions
are accounted lor as rf il was a defined contribution schemg.
(il Going Con¢ern
The trustees have ¢onsider8d the financia POSTtion of the charitable company and belipve tt 18 well pla￿d to
manage ils business risk successfully.
Thè Iruslees have a reasonable expectation that the eharttable company will have
adequate resources lo meet its financial obligations lor the next 12 to 18 rnonlhs and, on that basis, they
continue to adopt the going concern basis in prepaling the annud reports and the financial statements.

THE ARBOR Y TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDEO 31 DECEMBER 2022
2 INCOME FROM CHARITABLE ACTlVtTIES
AshlPartner
Reservations
8urlal
lee$
Room
hir¢ and
other Income
Total
2022
Totsl
2021
Grants
Woodland burial ground
60,595 151,657
1,157
25,155
238,564
210,212
3a EXPENDITURE ON CHARITABLE ACTIVITIES
SUMMARY
Dlrect
Cost$
Support
Costs
Total
2022
Total
2021
Woodland burial ground
115,568
10,397
125,965
120,734
3b EXPENDITURE ON DIRECT COSTS
General
Fund
Restricted
Fund
Total
2022
Total
2021
Staff Costs
Travel and guardian expenses
Telephone
Payroll processing costs
Printing and slalionery
Subscription
CompLiler expenses
Grave diggillg
Lodg& expenses
GroLJnds maintenance
Professional lees
Depreciatioti
Car park rent
Promotion
55,628
1,476
1,330
2,042
1,176
55,628
1,476
1,330
2,042
1,176
990
883
4.533
5,383
28,356
1,190
10,909
1,000
672
115,568
53,510
1,Q56
1,420
1,423
1,436
990
1,513
7,325
5,813
26,442
1,044
7,257
1,000
883
4.533
5,383
28,356
1,190
10,909
1,000
672
1 f 5,568
110,229
3c EXPENDITURE ON SUPPORT COSTS
Gèneral
Fund
REstricted
Fund
Tolal
2022
Total
2021
Insurance
1,321
3,079
1,5QQ
4,200
297
1,321
3,079
1.500
4,200
297
1,232
2,576
3,OCIQ
3,060
637
1 QI,505
Diocesan office costs
Governance (Note 41
Bank charges

THE ARBORY TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
4 EXPENDITURE ON GOVERNANCE
General
Fund
Restricted
Fund
Tolal
2022
Total
2021
Accountancy lees - current year
4,200
4,200
3,060
4,200
No Trustees receivèd any expensgs durtng the year12021= £Nill.
5 STAFF COSTS
2022
2021
Wages and salaries
Social se¢urty cosls
Pension cost
Pension deficit reduction cost
51,217
3,671
740
48,991
3,136
847
536
55,628
53,510
Key management personn81
The total employment benefits Including pension contributions ol key management personn?1 wa8 233,17312021=
£32,745)
No employee earned £60,OOCI or more during the year.
The average number of employees during the year was 312021- 31
No trustee Yeceived remuneration during the year12021'. £Nill
6 TANGIBLE FIXED ASSErs
Memorial
Lodge
Land
Equipment
Total
Cost
At l January 2022
Additions
525,745
26,816
144,862
18,496
3,601
689,103
30,417
At 31 December 2022
552,561
144,862
22,097
719,520
Depreclation
At 1 January 2022
Charge lor year
37,325
8,741
11,821
2,168
49,146
10,909
Al 31 December 2022
46,066
13,989
00,055
Net book value
At 31 0ecen7ber 2022
552,561
98,796
8,108
659,465
Al 31 December 2021
525,745
107,537
6,675
689,957
The Trust's fixed assets are all used tor charitable purposes.

THE ARBORYTRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
7 STOCK
2022
2021
Grave fflicrochips
1.098
1,038
8 DEBTORS AND PREPAYMENTS
2022
2021
Pr?paymenls
Accrued income
Due from Ely Diocesan Board ol Finance
333
3,869
160,524
333
3,869
159,524
164,726
163 726
9 INVESTMENTS
2022
2021
Listed investments..
Central Board ol Finance
Income Shares
269,799
297,227
269,799
297,227
Movèm&nis In the year: Income $hare5
Balan¢e at 1 January 2022
Aclditions
Reinvested income
Disposals
Transfer from deposit
Revaluation . unrealised
realised
297,227
7,883
135,3101
Balance at 31 December 2022
269,799
10 CREDITORS: Amounts falllng due wilhln one ygar
2022
2021
Creditors & accruals
5.658
4,41e
5,658
4,416
10

THE ARBORY TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
11 FUNDS
General
Fund
Restricted
Funds
Totsl
Balancg al 1 January 2022
SurplusllDeli¢itl for the period
Transfer between funds
1,420,681
198,597
1,420,681
196,597
Balance at 31 December 2022
1,617,278
1,617,278
The restrtcted fund related Ici donarfons lor t¥BgS
12 ANALYSIS OF NET ASSETS BETWEEN FUNDS
General
Fund
RastrI￿ed
Funds
Total
Fixed assets
Net asselsllliabilitiesl
659,465
957,813
659,465
957,813
Total net asseis
1,617.278
1,617,278
13 REVALUATION RESERVE
2022
2021
Balance at 1 January 2022
Revaluation in ihe year
Transferred loltrom General lund other reseNes
78.545
135.3101
41,653
36,892
Balance at 31 December 2022
43,235
78,545
14 CONTROLLING PARTY
The charty is controlled by the Board ol Trustees.

THE ARBORY TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
15 PENSION COSTS
The Arbory Trust is part of the Ely Dio￿an Bc>ard ol Finance IDBSI pension scheme.
Ely DBF IDBSI participates in the Dttlined Benefits Scheme section ol CWPF for lay staff. The Scheme is
administered by the Church el England Pensions Board, which holds the assels of the schemè separately from
those of ELY DBF Ilhe employerl and the other partiGipaling employers.
CWPF has sections=
1. the Defined Benefits Soheme
2. the Pension Builder Schem8, which has subsections-
a. a delprr&d annuty section known as Pension Builder Classic, arKI,
b. a cash balance section known as P8nsion Builder 2014.
The Defin￿£ Benelils Scheme I"DBS'I section ol the Chur¢h Workers Pension Fund provid&8 benefits lor lay
slafl based on final pensionable salaries.
For funding purposes, DBS is divided into sub-pools in respect of each partlcipating employer as well as a further
sub-potsl, known as the Life Risk Pool. The Life Risk Pool exists lo share certain risks between employers,
including those ielaling to mortality and post-rellremant I￿v￿tr￿ent ieturns.
The division ol the DBS into stJb.pools is notional and is lor the purpose ol calculating ongoing conlribulions.
They do not alter th8 fact that the assets of the DBS are held as a single lyusl fund out ol which all the benefits
are to be provided. Frorn time lo lime, a notional premium is transferred from employers, sub-pools lo the Life
Risk Pool and atl pensions and death benefits arg paid from the Life Risk Pool.
The scheme Is a multi-employer scheme as described in Section 28 of FRS102. It is not possible io
attribute DBS assets and liabilities to specllic employers, since each employer, through the knfe Rlsk Section,
is exposed lo a¢tuariaJ risks associated with the current and former employees ol other enlilies participating
in DBS. This means that contributions are accounted lor as If DBS were a defined contrlbution scherne.
The pensions costs charged lo The Arbciry Trust SOFA during the year are conlributlons payable towards benefits
and expenses accrued in that year12022.' £740, 2021.. £8471 plus the figures In relation to The Arbory Trust's
share of the DBS deficit highlighlod in the table below as being recognised in the SOFA, g￿ing a total charge of
£740 for 202212021.. £1.3831.
11, following an actuarial valuation ol the Lile Risk PODI, ther8 18 a surplus or defj'cil in the pool, further translers may
be made from the Life Risk Pool lo the employers, sub-pools, or vice versa. The amounts to be transferred
land their allocation betwgen the subpoolsl will be settled by the Church of England Pensions Board on the
advice Df the Actuary.
A valuation ol DBS is carried OLrt L)nce every three years. Thè most recently linalised was carried out as at 31
December 2019. In this valuation, the ￿le Risk Sectlon was shown to be in deficit by £7.7m and £7.7m was
notionally transferred from the employers. sub-PDols lo the Lrfe Risk Section. This increased the Employer
contributions that would othetrwise have been payable. The overall d8licil in DBS was £11.Sm.
The next actuarial valuation Is due al 31 Décember 2022.
Following the valLJation, Ely DBF has entered into an agreement with the Church Workers Pension Fund
lo pay a contribution ralè o123.6Q/a ol pensionable salary and expenses of £6:500 per year. In addition deficit
payments of £5,692 per year have been agreed for 7 years from 1 April 2021 in respect ol the shortf￿1 in the
Employer sub-pool. This obligation has been recognised as a liabilty within 8y DBF'S linancial statements.
12

THE ARBORY TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
15 PENSION COSTS Icontlnuedl
Section 28.1 IA of FAS 102 requires agreed deficit recovery payments to be recognised as a liabilty. The
movement in the provision *oi Arbory Trust is set out below:
2022
2021
Balance sheet liabilty at l January
Deficit contribution paid
Interest cost Irecognised in SOFA)
Flemaining change to the balance sheet llabilty.lrecog￿￿Sed in SOFAI
15361
536
Balance sheet liabilkty at 31 December
' Cornprises change In agreert deffdl r8¢oVtsry￿an and ohange in dk8o)uni rats betsyèen yaar-&rKSs.
This liability represents the present value of the deli¢il contributions agreed as at the accounting dale and has
been valued using the lollo>wing assumptions, set by reference to the duration of the deficit recovery payments..
Dec•22
Dec-21
1.5°1.
Dec-20
ov.
Discount rate
The legal structure ol the schemg is such that11 another trmployer fails, the employer could become responsible
lor paying a share ol that Èmployey's pension liabilities.
16 STATEMENT OF FINANCIAL ACMVITIES DETAIL FOR 2021
Unioslricted Fund8
General
Restriclèd
Fund
Fund
Tolal
2021
Income From-
Donations
Charitable acttvities
Investments
Total
4,710
210,212
7,228
222,150
4,710
210,212
7,228
222,150
Expenditure On:
Charitable activities
Total
120734
120 734
120,734
120,734
Net gainlllossl on investments
36,892
36.892
Net Income {Expendituro1
138.308
138,308
Transler between Funds:
Net Movement In Funds
138,808
138.308
Re¢onciliatlon Of Funds-
Total funds brought forward
1,282,373
1,282.373
Total funds carried forward
1,420.681
1,420,681
13