Charily No
Cotnpany
1079866
Earthwork$ Trust Llmlted
03011755
CC17a
Audltèd Flnanelal Statèmants for thè pèrlod
Pèriod start
01-Jan-22
To
PÈriod ènd 31-Dè¢-22

Charity No
Cotnpany
1079866
Earthwork$ Trust Limited
03011755
CC17a
Audltèd Flnanelal Statèmènts lor the perlod
Period gtart
01-Jan-22
Period end 31-Dee-22
Important information
Th8 trust885 who are also thg dir￿torS ol thè charity for thè purpo$g& ol the Cofflparhies A¢t 2006
8r8 as follows=
Mr H M Clarke
Mr J R Saulet
Mr J Lane
Mr C R Hlllyer
Ms A F Carey
Ms S E Marshall
Ms J Mckenzle
MrPCox
Mr AJ Cohen
Mr P A Clnlg110
Rgglst8r•d Oflleg=
The Sustalnablllty Centre
Droxford Road
East Meon
Petersfleld
Hampshlre
GU32 1HR
A¢¢ountants'.
Trlple Bottom Llne Accountlng Llmlted
The Enterprlse Centre
Unlverslty of East Anglla
Norwlch
NR4
Bankèr$'.
The Co-operallve Bank
PO Box 250
Skelmersdale
WN8 6WT
Indèp8nd8nt Audltor-
AJ Bennewlth & Co Chartered Accountants
3 Wey Court. Mary Road
Gulldford
Surry
GU1 4QU
Senlor mombèr of $tatt In eharga of day to day op8ratlon$'.
M$ C M Seaward

Charity No
1079866
Earthworks Tru$t Limited
(OMMISSION
Company No
Audlt•d Flnanclal Statèmants for the pèrlod
Period start
01-Jan-22
Period end 31-Dee-22
03011755
CC17a
Contents
Page
Roport ol the Trusteos
1108
Stalèmènl ol Trustèès, Rèsponsibililes
Auditor's Rèport
101013
Statement ol Finan¢ial Activities
14
Balaneè Shoel
1510 16
Statèmènt ol Cashllows
17
Nolos lo the Finan¢ial Stalomenls
181030

Charity No
1079866
Earthworks Trust Limited
COMM
Cotnpany No
Audlt•d Flnanclal Statèmants for the pèrlod
Period start
01-Jan-22
To
Period end 31-Dec-22
03011755
CC17a
Report of the Trustees
R•tèrèncè and admlnlstratlvo d8ts11$
Charity number
1079866
Company rogistralion number
03011755
Registorod Offi¢o'.
Thè Sustainability Contro
Droxford Road
East MÈon
Peterslièld
Hampshirè
GU32 1 HR
Thè trusteos who are also the diroelors ol thè eharity lor the purposes ol tho Companiès A¢t 2006 are as
follows..
Mr H M Clarke
Mr J R SaLJlel
Mr J Lanè
Mr C R Hillyer
Ms A F Carèy
Ms S E Marshall
Ms J Mckènziè
MrPCox
Mr A J Cohèn
Mr P A Ciniglio
A¢eountants=
Triplg Bottom Line Aeeounting Limited
Thè EntÈrprisè Cèntro
Univèrsity ol East Anglia
Norwich
NR4 7TJ
Bankers=
The Co-opèrativè Bank
PO Box 250
SkèlmÈrsdale
WN8 6WT
Indepèndonl Auditor-.
A J Bonnewith & Co Chartèrèd Aeeountanls
3 WÈY Court, Mary Road
Guildlord
Surry
GU1 4QU
Sonior membor ol staff in ¢hargè ol day to day operations..
Ms C M Sèaward

Charity No
1079866
Earthworks Tru$t Limited
Company No
Audltèd Flnanelal Statam•nts for thè
erlod
03011755
CC17a
Period start
01-Jan-22
Period end 31-Dec-22
Report of the Trustees (Continuedl
l. Trustees Report
Trustèès Rèport
ThÈ Trustees pres6nt thèir rèport along with thè financial statèmÈnts ol thè Charity for thè yÈar Èndèd 31 Dècèmbèr 2022.
ThÈ financial statemènts eomply with thè charity's trust deed, thÈ Charities Act 2011 and Accounting and Rèporting by
Charitiès.. Statement of RècommÈndÈd Pra¢ticÈ applicable to eharitiÈs preparing thèir a¢¢OLJnts in accordancè with thè
Finan¢ial Rèporting Standard lor smallèr ènlitigs leffè¢tiVo 1 January 20151.
1. l Obje¢tlve$ ol the Charlty
The mission statèmènt ol Earthworks Trust is..
lo damonstrata, davelop andpromota knowI￿ge, sklll$ And Ilfaslyles Ihat Impmva peopl•$ qu811ty ofllfg
wlthout damaglng the local orglobal envlronmant.
lo ba a dynamlc for¢0 for ¢hange, ¢reatlng enjoyablo pro¢tl¢al learnlng experlen¢e$ lor envlronmenlolly
$usIAln8bla Ilvlng
In pursuing this mission, we wèleomè familiès and schools., professionals and spè¢ial intorost groups,. ¢hildrèn and young
oplè., adultloarnèrs,. Casual visitors, and simply anyonè with an interÈst in what wè do.
Wè nurturè pèoplè and ideas and in an in¢rèasingly un¢ortain world, wè aim lo providè positive mèssagès and praeli¢al
solutions lor dynami¢, ¢rèative Change.
1.2 Publ1¢ Benellt
The Charity manages its site and odu¢ation programmes and assets to maximisè public bonèlit in thè dèlivory ol its
mission. Thè 55 acre sito is managgd to benèlil biodivorsily and poople. Visitors are wèleomè to onjoy tho grounds al no
chargè.
In thè dèlivèry ol our mission statèmènt wè aim to managÈ OLJr land, our Charity and our bLJsinèssÈs as working èxamplgs
of sustainability. Wè practicè and promotè SLJStainability as a pro¢Èss ol making dècisions which balaneè èconomic,
soeial and ènmronmonlal la¢lors lor positive bonèlit.
Wè work in partnèrship wilholher organsalions and projè¢ts who support our èthos and aims. This in¢ludès on silo
partnorships with SMES and other ¢haritiès.
Our procLJfomonl poli¢y means that wè aim lo support tho oeonomy ol our locality working with loeal promdors and
sorvi¢es.
ThÈ Charity dèlivèrs lÈarning opportunitiès lor young pèoplè and adult lÈarnèrs throLJghoLJt thè yÈar. WÈ offèr
opportunitiès for voluntèèrs to support thÈ work of thÈ Charity in a varièty of ways. This ineludès practical hands-on tasks,
SLJPPOrt to olli¢e and adminislralion as wèll as Trusteos and advisors.
Our Education programmÈs havè boLJn¢èd baek as from SÈptèmbèr 2022 as ÈxpÈetÈd, Mth small group work and spècial
Èducation sèÈing a risÈ in dèmand. Naturè thèrapy, our outdoor volunteoring programmo, and adult ¢oursoS took pla¢0
with rÈdu¢èd groLJP until rÈstrietions wèrè fLJlly liltèd.

Charity No
1079866
Earthwork$ Tru$t Limited
(OMMIWON
Cornpany No 03011755
Audlt•d Flnanclal Statèmants for the
èrlod
CC170
Period start
01-Jan-22
Period end 31-Dec-22
Report of the Trustees (Continuedl
2. Achièvement and Pèrformanc•- Ebrthworks Trust, Charity no 1079866
The Charity maintains thè land and property at thè Sustainability Cènlro and ils roeèipts consist mainly ol
rènt,. covènantèd donations from thÈ South Downs NatLJral BLJrial Silè,. and donations from othèr ehariliès,
grant giving organisalions and individuals.
A nLJmbèr of signifieant eapital projèets rèmain in dèvèlopmÈnt as thèy wll rèly hèavily on su¢¢Èsslully
attraeting èxtèrnal grant aid or funding. Thèrè is a prèssing nÈèd to undèrtakè major capital improvÈmonl
works to our main building to rèpair, updatè improvè facilitiès and sÈrvicÈs. WÈ havè also idÈntilièd thè
neod to invest in rèducing our onèrgy and C02 ¢onsumption and loolprinl.
2.1 Kay Aetlvltlès
This yèar has sèèn Thè SLJStainability Cèntrè IoeLJS on building on thè suceèssès ol SLJrviving thÈ pandÈmie.
Thè major Èeo rÈtrolit works to Crèatè èxtÈnd our ovèrnight accommodation facilitiès was eomplètèd and
lully opÈnèd lo guèsts and groups.
Wo have revièwèd our priorities and strategi¢ plan.
Partnorship working and dèlivÈry ol services in partnership with others enablgd us lo dovelop and doliver
some OLJtrÈaeh and onlinè sèrvieès.
Thè Charity has idèntiliod limitèd s¢opo lor growth until additional indoor spa¢e is built.
2.1.1 GovÈrnancè
Welcomed one new Trustee to The Board to broaden skills and expetti5e available to th8 Charity
One long-standing Trustee retired as a Trustee
Acknowledged the valuable contribution rnade by Chaii and Vice Chair of The Board
Continued to deliver quality outputs in accounting and repotting to the Board of Trustees
Continued to maintain high standards of scrutiny and managernent of the Chaiity and its associated
ntÈrprisès and assets
2.1.2 Social
Continued to support and delivei learning opportunitie5 in an irnaginativ8 and creative way to deliver th8
aims of thè eharity
Enabled and supported teachers and leameis to gain new skills and understanding of sustainability
Re-built core activities following challenges of the corona virus pandemic, whilst rnaintaining standards
Offered a quality experience to volunteers
Offered training opportunities for adults through our courses programtn8
Provided a quality bespoke service to bereaved families seeking natural burials
Worked in partnership with others to achieve shared goals and develop mutual interests
Welcomed groups and individuals to enjoy our campsite with full unrestricted service resutned
Attended a variety of cotnrnunity and business event5, both in person and online to showcas8 Th8
Sustainability Cèntrè and Èco rÈtrofit works
Supported the learning and developtnent of our own staff and volunteer5
Continued to maintain and develop partnership working both on-site and off-site with enteipiises and stnall
businèssès that Ènhaneè thè aims ol thÈ charity

Charity No
1079866
(HARnY
IOMM
Earthwork$ Trusl Limiled
Company No
Audited Financial Statements for the
eriod
03011755
CC17a
Period start
01-Jan-22
Period end 31-D8c-22
Report of the Trustees (Continued)
2.1 Key Activitie$ Cont.
2.1.3 Environmental
Continued lo manage our site lo maintain and 8nhanc8 its biodiversity
Provided opportuniti88 for people to appreciate the natural beauty of our site and surrounding ar88 of the
South Downs National Park
Worked in Partn8rship with South Downs National Park to support proj8Cts and initiatiV8S through their
Sustainable Communities Grant Fund
Off8r8d advice to community project8 8nd oth8r organisations about organisational dev81opm8nt, practicAI
solutions and retrofit of the built environment
Provided acces8 to visitors lo our 55 acre Site
Continued lo maintain consideration of the impact of our own activities on the local and global environment
2.1.4 Capital Improvement Programme
Our planned programme of capital improvements works continu8S to mov8 forward wth two major buildings
needing a complete update and refurbishment. Major capital works lo the South Downs Eco Lodge were
completed in 2021. Further funds are being sought lo support the rest of the capital improvement
pr￿raMMe. Fundraising is a priority to enable further works to begin soon. The implementation of these
works will enable the Charity to deliver improved and increased services
2.1.5 Training and Development
Training 8nd skills d8velopment in th8 environmental and sustainable development sector continues to b8
an important area.
Demand for bookings for schools, courses and bush(%aft activit18s continues. The und8rfying trend
continues to show a steady demand.
The John Muir Award progr8mme continues to be delivered her8 and is a flagship for the South Downs
National Park.
Additional w811being prograrnmes hav8 been provided to small groups of adults and young p80pI8.
We continu8 to develop partnerships and n8tworks to support our specialist and short residential courses.
2.1.6 Growth and Development
Under 18s Education Programm8 continues to b8 much in d8mand both for day vi81t8 and r8sid8nlial
courses. Our priority capital improvement project seeks to respond to this need by providing a dedicated
nder 18s learning zone.
The Young Natural Ambassadors Programm8 continues to b8 SUPPOrted by a bursary to support the
training of und8r 25,8. Additional funding continu88 to be sought to extend this much valu8d pr￿raMMe.
Our programm8 for adull188rning has b8en developed further 80 we are ab18 to offer a greater variety of
short courses. Online bookings and improved marketing support high levels ol bookings.
Accommodation bookings continue to show a steady demand. The completion of th8 eco r8trofit of the
east wing of The South Downs Eco Lodge extends the overnight accommodation options for groups,
individuals and eco tourism and delivers on an important element of our vision lor growth.
An integrated marketing and promotion81 strat￿Y continues to foster shared mark8ting across the
organisation has been achieved. Our website continues to be designed and administered in-house and grows
alongside our own development.

Charliy No
11)79866
Earthworks Trust Lirniled
Company No
Audlted Flnanclal Statements fort￿ pÈrlod
PÈriod start
01-Jan-22
Peri￿ end 31-Det-22
03011755
CC17a
Report of the Trustee5 Iconlinuedl
3. Portnershlp worklng
ThÈ Susiainabilily CÈntrÈ continues 10 work in partnÈrship wth a number ol organisaiions thai arÈ housed on
sile 10 extend the reach ol our own capacity. Their aims and key activities contribute somÈthing significant in
addition 10 our own activities and programmes. WÈ nurture and support the devÈlopmeni ol small businÈsses
who share our Èthos and values.
Fltzroy Rural Skllls Proleet- a social enterprise project 10 Èngage adults With learning disabililiÈs in practical
work-based actsvilies
Beech Cafe- Organic, fair-trade tale and caiÈrÈ
. ERS- Event se￿Ces Managementfor Recycling and re-use
4. South Down$ N8iur8lBurlals
South Downs Natural Burial SilÈ continuÈs 10 be a major contributor ol funds this yÈarwith £376,070
covenaniÈd 10 Earthwotks Trust.
The site is highly regarded and the seNice given by the staff contributes to the site's recognition as an
Èxemplar
5. Slatemeni ol Trusiee$'Respon$AbAlllle$
ThÈ Trustees a￿ wuired lo prepare accounts for each linantial year, which give a true and fairview of thÈ
staiÈ ol affairs ol the charity as at the Ènd of thÈ financial year and of thÈ surplus ordelicil of the charity lor the
period. In preparing those accounts, the Trustees are required to".
select suitable a(Lounting policies and then apply Ihern ￿nSIStentlY
make judgetnents and estimates that are reasonable and prudent
bserve the methods and principles in the Charity SORP
keep proper accounting records, which disclose wilh reasonable accurdcy at any tirne the financial position of
' arrange for the preparation of aC￿Unts on the going concem basis unless it is inappropriate lo presutne that
the charilywill continue in the business name
' safeguard the assets of the charity and take reasonable steps for the prevention and detection of fraud and
other irregularities
Guldlng Prlnclples of Governance
1. Organlsatlonal purpo$e- The board is dear about Ihe charity's aitns and ensures that Ihese are being
delivered effectively and sustainably
2. Leadershlp- Every charity is led by an effective board Ihat provides strategic leadership in line Ihe
charitys aims and values.
3. Iniegrlty-The board acts wlh inlegrily. It adopts values, applies elhi(21 principles to achieve the chariws
purpose. The board is aware of Ihe Im￿rtanCe ofthe public's confidence and trust in charities. It reflects the
charitys ethics and values in everything il does. The trustees undertake their duties Ihis in rnind.
4. Deelslon-maklny, rlsk and conirol- The board rnakes sure that ils decision-making processes are
infortned, rigorous and Iitnely and thai effective delegation, control and risk assÈssmÈnt and management
Systems are sei up and monitored.
S. Board effectlveness-The board works as an effective teatn. using the appropriate balance of skills,
ÈxpÈrience, backgrounds and knowledgÈ to make informed decisions.
6. Equallty, dlverslty and Incluslon-The board has a clear, agreed and effective approach to supporknng
Èquality. diversity and inclusion throughout the organisation and in it is own practice. This approach supports
good govemance and delivery of the organisation's charitable purposes.
7. O￿nne$S and aceountablllty- The board leads the organisation in being transparent and accountable.
ThÈ tharity is oppn in its work, unless there is a good reason for il not 10 be.

Charity No
Cotnpany
1079866
Earthwork$ Trust Limited
03011755
CC178
Audlt•d Flnanclal Statèmants for the
èrlod
Period start
01-Jan-22
Period end 31-Dec-22
Report of the Trustees (Continued)
5.1 Structuro, govèrnan¢• and managèment
5.1.1 Constitution
ThÈ Earthworks Trust is Charity No. 1079866 govÈrnèd by a Trust Dèèd. Earthworks Trust Ltd is a
Company No. 03011755 govèrnèd by its MèmorandLJm and Articlès ol Association.
Evèry nÈw Trustèè is providÈd with copiès of thèsÈ opèrational doeLJmènts. No ehangès in thè objèdivas
havè OCCLJrrÈd sincÈ thÈ last annual rèport. ThÈ kÈy objèetivÈ is ènvironmèntal èducation and is ènhaneèd
by thÈ many practical dèmonstration arèas on sitÈ'. èco-rènovatèd and nèw buildings, rènèwable
le¢hnology, tho managemonl ol ¢onsorvalion habitats and gardèns, and woodland resloralion.
The Trustees confiirn that they have referred to the guidance contained in the Chaiity Cotnrnission's
general guidance on public benefit when reviewing the Trust's aitns and objectives and in planning future
a¢tivitlOS.
5.1.2 Equal Opportunity
ThÈ Trustèès eovÈr a Mde range ol agès and skills and WÉ continu6 to work towards éxtènding a divèrse
groLJP of individuals, thinking styles and a balancèd divèrsity. Thè TrustèÈs carry OLJt an aLJdit of skills from
limÈ to timè and continuÈ to èncoLJragÈ thè inclusion ol voluntèèrs in thÈ broad mix ol skills nèÈdèd lo
devèlop thè work. Training is providèd to dèvÈlop thè morè traditional bLJsinèss, prolÈssional and
educational skills that are gÈnèrally providod by thè Trustèes and staff.
5.1.3 PolieiÉs and Risk ManagèmÉnt
A handbook providing policy and opèrational guidancè is providèd to all voluntèèrs, stall and TrustÉès.
Risk assessmènts, health and safèty, food hygienè and indLJetion training arg providèd by staff. Funding
lor training is sought to dèvèlop bèst praeticè and skills dèvèlopmènt. As an on-going procÈss thÈ
Trustèès, throLJgh thè Exècutivè Group, assèss thè lÈvèl ol risk in rèlation to govèrnaneè, sèrvicè dÈlivèry,
employmènt. hÈalth and safety, ehild protedion, financial managèmènt and information managèmènt. Tho
Trustèès kèÈp LJndÈr rèvièw thè major stratègic businÈss and opÈration risks that thÈ charity and company
lacÈ and ènsurÈ that monitoring systèms havè bèèn Èstablishèd so that thè nèeèssary stèps can bè takèn
lo lessen risks.
5.1.4 Managemgnl and Organisalion Structure
Managèmènt ol thè Trust, thè trading arm ol thè Earthworks Foundation and SoLJth Downs Natural Burial
Sitè continuès in a consolidatèd fashion. Managèmènt of all thrèè entitiÈs is dong cÈntrally LJndÈr thè
umbrella of Thè SLJStainability Cèntrè. Thè Trustèès mèèt bi-monthly and arè rèsponsiblÈ for thÈ stratègi¢
dirèdion and overview ol thè work ol thè Charity. Thè Chair ol thè Trust liaisÈs with a sènior mèmbèr of
staff in ordèr to oversèè thè managèmènt of thè Charity. A nominatèd Executivè CommittÈè continuès to
mÈèt èvèry month to liaisè with thè board of DirÈetors and kèy staff to maintain a ¢lose working
rèlationship with thÈ Company and strèamlinÈ thè dÈeision making procèss.
During this pèriod Jèff Lanè eonlinuèd in his position as thè Chair ol tho Board ol Trusteos and Colin
Hillyèr eontinuèd as Vieè Chair.

Charity No
1079866
Earthworks Trust Limited
(OMMIS510
Company No
Audited Financial Statements for the
riod
03011755
CC17a
Peri￿ start
01-Jan-22
Period end 31-Dec-22
Report of the Trustees (Continued)
5.1.5 Appointment of New Trustees
A skills audit assesses skills and training ne8ds in lin8 Wlth priority activities within the business plan. The
appointment of new Trustees is undertaken in accordance with adopted guidelines and procedures. This
includes application, induction, probationary period and formal adoption as a member of The Board.
5.1.6 Review ol Financial Position
We aim to..
Be self-funding from our own activities
Undertake growth in a sustained and planned manner
Practise and promote sustainability as a process of making
decisions which balance economi¢, social and environmental
factors lor positive benefit.
The Charity maintains the land and property at the Sustainability Centre.
Ils receipts consist mainly of
Rent receipts for buildings and land occupied by tenant partners
Covenanted donations from the South Downs Natural Burial Site.
Income from Eco Lodge and camping
Donations from other charities, grant giving organisations and
¢on¢erned individuals
Our dependence on external grant funding remains reduced. However, any expansion of revenue costs
remains a challenge and therefore a limitation.
A number of significant projects remain in development as they will rely heavily on su¢c8ssfully atlra¢ting
external grant aid or funding for capital projects.
5.1.7 Reserves
Reserves are managed in accordance with the Reserves Policy of the charity which is integrated into the
budget Setting and managem8nt processes.
The Charity holds the following Funds..
Reserve Funds..
Unreslricled Reserve t187,500 these funds are held in the Co-op deposit account
Unreslricled Reserve t72,000 las at 31st December 20221
These funds are held in accordance with our policy to hold 2 months operational costs in reserve lo ensure
financial and operational stability.
These funds ar8 held in CCLA'S charities deposit fund.
Unreslricled Reserve
£113,254 las at 31st December 20221
This is all￿ated for essential future spending lo meet futur8 sile management and burial commitments arising
from pre-sold plots on the South Downs Natural Burials Site.
These funds ar8 held in CCLA'S charities investment and fixed interest funds.
CCLA manage funds for charities, large and small. Their funds are d8signed to be used on their own or in
combination to match our charity's individual r8quirem8nts.

Charity No
1079866
Earthwork$ Trust Limited
COMMISS
Cotnpany No
Audlted Flnanclal Statèmants for the
èrlod
03011755
CC17a
Period start
01-Jan-22
Period end 31-Dec-22
Report of the Trustees (Continued)
Rèstrictèd FLJnds'.
Total Sum £91,455 las at 31 st DècÈmbèr 20221
This is allocatèd for èssèntial ILJtLJrè spènding to méèt futurè sitè managèmènt and burial ¢ommilmonts
arising from prè-sold plots on thè South Downs Natural Burials Sitè.
These funds ar8 held in CCLA'5 charitie5 inve5trnent and fixed interest fund5.
6. Grant$ and Donallon$
Thè TrLJSt has rècèivèd a numbÈr ol grants and donations during this poriod in¢luding sponsorship ol kèy
events and ¢apilal projè¢ts. Theso in¢lude.'
Capital Build Grant £62,400
Gift Aid.. £106
Gènèral Donations.. £8,620 to support edu¢alion proje¢ts and lo
ènhaneè facilitiès and sèrvi¢es
Omi¢rom Grant.. £2,667
7. Fulura Plans
The Charity aims lo..
Uphold its corè aims and principlès going forward
Rè build our servi¢ès lo thoir former levèls prior lo thè pandèmi¢
rèstrictions
Intègratè growth and devèlopmènt in a sustainablè mannor
Idèntify opportunitiès to dèvèlop and showcaso Its aims in
projè¢tslpartnèrshipslprogrammes
Thè principal growth arèa lor IhÈ charity in thè forthcoming pèriod will bè complÈting a phasèd eapital
improvÈmÈnts programmè to thè built inlrastrLJetLJrè. hè priority has bèèn idèntiliÈd as thÈ Èeo-rètrolit ol our
Èxisting accommodation bLJilding followèd by thè èdLJeation and administration building. Planning approval
has bèèn grantèd lor thèsè works. Alongside this wè wll neod to in¢rèaso our ¢apa¢ity lo raiso funds from
extèrnal soureès.
Extending and dèvèloping sèrvicès and partnèrships to SLJPPOrt wèll-bèing and naturo therapy sèrviees,
longsidè our immèrsivè èducation programmÈs is also prioritisèd.
On Bèhalf ol tho Trustèès
Mr J Lano
Chair of Trusteos

Charity No
1079866
Earthworks Tru$t Limited
(OMMIWON
Company No
Audlted Flnanclal Statèmants for the
èrlod
03011755
CC17a
Pèriod start
01-Jan-22
Period end 31-Dec-22
Trustees responsibilites in relation to the Financial Statements
The charity tiustees are responsible for preparing a trustees. annual report and financial statetnents in
ac¢ordan¢È Mth applieablè law and Unitod Kingdom A¢¢ounling Standards Iunited Kingdom Gènerally
Accepted Aeeounting Practieèl.
Thè law applicablè to charitiès in England and Walès rèquirès thè Charity trLJStèès to prÈparè financial
statèmènts lor èach yèar which giv6 a trLJè and fair vièw of thè statÈ ol thè affairs ol thè Charity and ol thè
incoming rÈsoureès and application of rèsoureès, of thè eharity lor that pÈriod. In prèparing thÈ financial
slatomonts, thè trusteos aro required to..
sèloet suilablg aeeounting policiès and then apply thom
consislènlly.,
obsÈrvè tho methods and prineiplès in the appli¢ablè CharitlOS
SORP.,
makè judgèments and ostimalès that are rèasonablè and
prudÈnt.,
statÈ whÉthèr applicablè accounting standards havè bèen
followèd, SLJbjèct to any matèrial dèparturÈs disclosèd and
oxplainéd in tho linan¢ial slalèmènts.,
prèparÈ thè financial statèmènts on thè going eoncÈrn basis
Ljnlèss it is inappropriatè to prèsLJmè thè charity will eontinu? in
businèss.
Thè trustèÈs ars rèsponsiblé lor kèèping propèr aeeounting rècords that disclosÈ with rèasonablè accuracy
al any timè thè financial position of the Charity to enable thÈm to ènsurÈ that thè financial statemènts eomply
with thè CharitiÈs Aet 2011, thÈ applicablè Charitiès IA¢¢ounts and Rèports) RègLJlations, and thè provisions
ol IhÈ TrLJSt dèèd. ThÈy arè also rèsponsiblè lor safèguarding thÈ assèts ol thè Charity and taking rèasonablè
stops lor thè prèvgnlion and dètèction ol fraud and othor irregularitiès.
The trustèes are rèsponsiblo lor tho mainlènan¢è and intègrity ol tho ¢harily and linan¢ial information
included on the charity s website. Legislation in the United Kingdom governing the preparation and
dissèmination ol linan¢ial statements may differ fromlggislalion in othèr jurisdictions.
On Behalf ol the Trustoes
MrJLan
Chair ol Trustèès

Charity No
1079866
Earthworks Trust Llmltèd
Company No 03011755
tatements for the perlod
To
Period end 31-Doc-
CC17a
Audlted Flnanclal
Poriod start
01-Jan-22
Report of the Independent Auditors to the Trustees of Earthworks Trust Limited
Oplnlon
Wo havo audited the financial 8latomenls ol Earthwork8 Trust ￿Mited Itho'charilable companVI lor the year
ended 31 December 2022 which comprise the Slalemeni ol Financial Activities, the Balance Sheet, the
Cash Flow Slalemenl and notes lo the financial 8iaiÈmenls, Including a summary ol significant accounting
poIIcio8. The financial reporting framework Ihal has been applied In their prÈparalion is applicable law and
Unitod Kingdom Accounting Standards (United Kingdom Genorally Acceptod Accounting Practice).
In our opinion the finan￿al stalement8'.
givo a true and lair view of the slate ol the charitable
company's affairs as al 31 December 2022. and of ils incoming
resources and application ol resourcos, Including 118 income
and expenditure, lor tho year thon onded.,
havo been properly prepared In accordanco with United
Kingdom Generally Accepted Atcounling Practice., and
havo been propared in accordance vAth the roquiremenls ol
the Companies Act 2006.
8asls for oplnlon
Wo conducted our audit in accordance With International Standards on Auditing IUKI IIASS IUKII and
applicable law. Our responsibilities under those standards are further described in the Auditor'8
responsibililios for the audit of the financial slalemeni8 8QClion of our roport. We are indopendenl ol the
charitable company In atcordance with the ethical requirements that aro relevant lo our audit of the financial
statements in th& UK, Induding the FRC'S Ethical Standard, and w& hav& fulfill&d our other ethitAI
responsibilitios In attordance with these requiremonts. We believo that the audit ovidenco we have
obtained is sUffI￿ent and appropriate to provide a basis lor our opinion
Concluslons relatlng to golng concem
In auditing the financial 81at&ments, we have conclud&d that the Iruste8s' use of the going concèrn basis of
actounling in the preparation ol the financial statement8 is appropriate
Ba8od on the work we have performed, we have not identified any maiorial uncerlainlies rolaling to events
or conditions thai, individually or collectively, may ca81 significant doubl on tho charitable company's ability to
continue as a going concorn lor a period ol al least twelvo months from when the financial slaloments are
aulhorised lor Is8UQ.
Our re8pon8ibililies and tho respOnsi￿lItIeS of the Iru8leo8 With respect lo going concorn aro described in the
relevant sections ol this report
Other Informatlon
The Iru8leo8 are responsible lor the other information. Tho other information comprises tho information
included In the Annual Report, other than tho financial statements and our Report ol the Independont
Auditors thereon.
Our opinion on the finan￿al stalemenl8 doo8 not covor the olhor information and, except lo tho exlenl
otherwise oxplicilly slalod In our report, we do not express any form ol a88urance conclusion thereon.
In connection with our audit ol tho financial statements, our responsibility is to read tho other information
and, in doing 80, con8idor whether the other information is materially inconsi8loni with the financial
statements, or our knowledgo obtained in the audit or othe￿iS0 appear8 10 be materially misslaled. 11 we
identify such material inconsi8loncie8 or apparent material misstalemeni8, we are required lo doiormine
whether thi8 gives rise 10 a material misslalemont In the financial slalemonts Ihemselvos. If, based on the
work wo havo performod, we conclude thai there is a maiorial mis8iatemenl ol thi8 Olhor information, we are
required 10 report that fact. We have nothing 10 report in this regard.

Charity No
1079866
Earthwork$ Trust Limited
Cotnpany No
Audlted Flnanclal Statèmants for the
èrlod
03011755
CC178
Period start
01-Jan-22
Period end 31-Dec-22
Report of the Independent Auditors to the Trustees of Earthworks Trust Limited
Oplnlons on othor mattèrs pr8$crlb8d by thè Companlès Act 2006
In our opinion, basèd on the work undèrtakèn in thÈ COLJrsè of thè audit..
thÈ information givèn in thÈ Rèport ol th6 Trustèès lor thè
financial yèar lor which thÈ financial statèmènts arè prèparéd
is eonsistènt with thè financial statèmènts., and
IhÈ Rèport ol thè TrLJStèès has bÈèn prèpared in a¢¢ordan¢e
with applicablè lègal rÈquirÈmÈnts.
M8ttar$ on whlch wo aro requlrèd to rèport by gxeaptlon
In thè light ol thè knowlèdgg and undèrstanding ol the ¢harilablè eompany and its ènvironment obtained in
the ¢ourse ol thè audit, wè havè not identifièd matèrial misslalèmènls in thè Rèport ol thè Trusteos.
Wè havè nothing to rèport in rèspoet ol tho following maltors whoro the Companigs A¢1 2006 rèquirès us lo
report lo you il, in our opinion..
adèquatè aeeounting rècords havè not bèsn kèpt or rèturns
adèquatè lor our audit havè not bèÈn rÈeèivèd from branches
not visitèd by LJS., or
IhÈ financial statèmènts ar8 not in agrèemonl with th
aeeounting rèeords and rÈturns', or
certain disclosures of trust88s' rernuneration specified by law
are not madè., or
we havè not roeèivèd all thè information and èxplanations wo
rèqLJirÈ for our aLJdit,' or
thÈ trLJStèès wèrè not èntitlÉd to takè advantagÈ ol tha small
companiès, èxèmption from thè rÈquirÈmÈnt to prèparÈ a
Strategi¢ Rèport or in proparing thè Roport ol the Trustèes.
Rosponslbllltl8$ of trust•e$
As explained tnoie fully in the Statetnent of Tru5tees' Responsibilities, the trustee5 (who are also the
dirèctors ol thÈ Charitablè company lor thè purposès of company lawl arg rèsponsiblÈ lor thè prÈparation ol
the financial statèmènts and for bèing satisfiÈd that thèy givè a truè and fair VIÈW, and lor SLJeh intÈrnal
control as thè trustèÈs dètèrminè is nècèssary to ènablÈ thè prèparation ol financial statements that are
freè from matèrial misstatèmènt, whèthèr duè to fraud or èrror.
In preparing the financial statements, the tiustees are iesponsible foi assessing the charitable company'5
ability to eontinLJè as a going concÈrn, disclosing, as applicable, mattèrs related to going concern and using
the going Concèrn basis of aeeounting unlèss thè trustÈès èithèr intènd to liquidate thè eharitable ¢ompany
or to eèasÈ opèrations, or havè no rèalistic altÈrnativÈ but to do so.
Our rasponslbllltlès for thè audlt of thè tlnanelal statèmant$
Our objèctivès arè to obtain rèasonablè assurancè about whèthèr th6 financial statèmènts as a wholè are
frèè from matèrial misstatèmènt, whèthèr duè to fraud or èrror, and to issuÈ a Rèport of thè IndèpèndÈnt
Auditors that ineludès our opinion. Rèasonablè assurancè is a high lèvèl ol assurancè but is not a
guarantÈè that an audit eonduetÈd in a¢cordancÈ with ISAS IUKI will always dÈtÈet a matèrial misstatément
whèn it èxists. MisstatÈmènts can arisÈ from fraud or èrror and arè considered matÈrial il, individually or in
the aggrègatÈ, thèy eould rèasonably bè èxpè¢tèd lo inlluen¢e thè è¢onomi¢ doeisions ol usèrs taken on
the basis ol thèsè financial statÈmÈnts.
The exlonl to whi¢h our proeedurgs ¢an dele¢t irrogularitlos, ineluding fraud is detailèd bo10w'.

Charity No
1079866
Earthwork$ Trust Limited
Cotnpany No
Audlted Flnanclal Statèmants for the
èrlod
03011755
CC178
Period start
01-Jan-22
Period end 31-Dec-22
Report of the Independent Auditors to the Trustees of Earthworks Trust Limited
Wè obtainèd an undèrstanding ol thè lègal and règulatory framèworks that arg applicablè to thè Èntity and
dètèrminÈd thÈ most significant arg thosè that rèlatÈ to FRS 102 SORP, pension laws and règulations,
salariès and wagès laws and rÈgulations and tax règulations.
We assessod the risks ol material misstatement in rÉspècl ol fraud as follows..
Enquiries madè ol managÈmÈnt and thosè ehargad with
goveraneè as wèll as thÈ sÈrvicÈ organisation in rÈlation to
payroll sèrvieès
Analytical procÈdurès wèrè usèd to idonlify il there wère any
unusual or Ljnèxpèctèd rèlationships
Discussions with managèmènt to idèntify any fraud risk factors
ol related party rèlationships and transactions
BasÈd on tha rÉsults ol our risk assèssmènt wè designed our audit pro¢odur?s lo identity non-¢omplian¢
with SLJeh laws and rÈgulations idèntifièd abovè.
EnqLJiriès wèrè madè ol managÈmÈnt and thosè ehargèd with govÈrnancÈ. Wè eorroboratÈd OLJr Ènquiries
through thè rèvièw ol Board minutÈs and othèr papÈrs providÈd. Thèrè was no eontradictory èvidèncÈ.
Wè eonsidÈrÈd thÈ risk ol fraud through managèmènt ovarridè, and, in rèsponsè, wa incorporatad testing ol
manual journal èntriÈs into our audit approach. We tested yèar ènd journals as wèll as journal èntries
throughout thè yèar. Thoro Woro no transactions identifièd outsidè thè nomal ¢ourse of businoSS.
BasÈd on tha rÉsults ol our risk assèssmènt wè dèsignÈd our audit procodurès lo idÈntify and to addrèss
material misstatÈmÈnts in rÈlation to fraud. Wè incorporatèd an èlèmènt ol unprèdietability in IhÈ sÈlèction
ol the naturè, timing, and exlonl ol audit proeèduros.
WhèrÈ transaction mèèting risk critoria were idonlilied, wè ¢arried out furthèr work such as additional
testing to source information.
A lurthÈr dÈseriplion ol our rèsponsibilitiÈs lor the audit ol IhÈ financial statèmènts is loeatèd on thè
Financial Rèporting Council's wèbsitè at www.Ir¢.org.uklaudilors responsibilitlos. This dos¢ription forms part
ol our Rèport of thè IndèpèndÈnt Auditors.
Usg of our report
This report is madè $01oly lo tho ¢harilablè ¢ompany's mèmbers, as a body, in a¢eordaneè with Chaptèr 3
ol Part 16 01 thè Companiès Ad 2006. Our audit work has bÈèn Ljndertakèn so that wè might statè to thè
charitablè eompany's mèmbers thosÈ matters we arg rèquirèd to state to thèm in an auditors. rèport and lor
no other purpos6. To thÈ fullest èxtènt permitted by law, wè do not accept or assumè responsibility to
anyonè othèr than thè eharitablè eompany and thè Charitablo company's mombèrs as a body, for our audit
work, for this rèport, or lor thè opinions WÈ havè formèd.
12

Charity No
1079866
Earthwork$ Trust Limited
Cotnpany No
Audlted Flnanclal Statèmants for the
èrlod
03011755
CC178
Period start
01-Jan-22
Period end 31-Dec-22
Report of the Independent Auditors to the Trustees of Earthworks Trust Limited
A J Bènnèwth FCA,FCPA, FFA, FFTA, FIPA, DchA, FRSA Isènior Slalutory Audilorl
lor and on bohalf ol Bennèwith 2018 Limited Islalulory Audilorsl
3 Wèy Court
Mary Road
Guildford
Surrèy
GU1 4QU
Dat8..
13

Charity No
1079866
Earthworks Tru$t Limited
Cotnpany No
Audltèd Flnanelal Statemants for thè
erlod
03011755
CC17a
Period start
01-Jan-22
Period end
31-Dec-22
Section A
Statement of Financial Activities
Rastrletad
Incomè
fund$
Rècommèndèd
Catogorlès by aetlvlty
Unrostrlct
lund$
Total th1$
ygar
Totsl lasl
Dètalls of own 8nalysl$
Incomè and Endowm&nts
Notè 4
Donation and Lèga¢iès
Grants rècÈivÈd
7,400
64,045
71,445
381,832
Charitablo activitiès
Donations and gift aid
Income Irotn trading
SLJbsidiariès and intèrest
rÈceived
53,868
53,868
21,565
Invostments
377,830
377,830
203,369
Othèr
OthÈr trading incoma
6,767
6,767
10,415
Total Ineomo
445,865
64,045
509,910
617,181
Exp8ndlturg
Notès5-7
Building opèrating costs,
dèprèciation and provision ol
sèrvicés
Charitablo activitiès
244,567
67,564
312,131
215,436
epen
ènt Inspè
ion,
other profÈssional and
linaneial.
Othèr
9,247
9,247
3,726
Total Expèndltur8
253,814
67,564
321,378
219,162
Nèt Incomallèxpèndlturèl
192,051
3,519
188,532
398,019
Gross transfars bètwagn lund$
2,542
2,542
Movèm8nt for yaar
189,509
977
188,532
398,019
Total funds brought forward
2,473,883
261,019
2,734,902
2,336,883
Total funds ¢arrl8d forward
2,663,392
260,042
2,923,434
2,734,902
The nèl movomenl in funds roforred lo above is tho nel outgoing resoureès as dolined in thè Stalomenl ol
RècommèndÈd Pra¢ticÈ lor Accounting and Rèporting issued by thè Charity Commission lor England & Walès
and is rÈeon¢ilèd to th? total funds as shown in the Balaneè Shegl on Pagès 15 and 16 as rgquirgd by the said
statèmènt.
All aetivitiès dèrivè from continuing opÈrations.
The notes on pages 18 10 30 form an intègral part ol thosè a¢¢ounls.
14

Charity No
Company
1079866
Earthworks Tru$t Limited
03011755
CC17a
Audlted Flnanclal Statèmènts for the
èrlod
èrio
01-Jan-22
Period end 31-Dec-22
Section B
Balance Sheet
Unrèstrict&d Rèstrictèd Total thi$
funds
funds
year
Total last
year
Flxad assats
Tanglblè assèl$
Nota 8
2,158,819
54,796
2,213,615
2,173,068
Invèstmènts
Noto 9
91,455
91,459
45,857
Total flxèd ass•t$
2,158,823
146,251
2,305,074
2,218,925
Currènt assèts
Debtors
Not• 10
774,587
774,587
541,516
Cash at bank and In hand
375,901
113,791
489,692
478,043
Totsl currant as$8ts
1,150,488
113,791
1,264,279
1,019,559
Cr•dltors= amounts lalllng
duè wlthln ona yaar
Nol•11
17,729
17,729
4,723
Nat currènt a$sètsllllabllltl•$l
1,132,759
113,791
1,246,550
1,014,837
Total ass•t$1g$$ Currgnl
3,291,582
260,042
3,551,624
3,233,762
Cr•dltors= amounts lalllng
duè aftar onè yèar
Not•11
628,190
628,190
498,860
Nat 8SSèt$
2,663,392
260,042
2,923,434
2,734,902
Funds of th8 Charlty
Unrèstrlctèd lunds
Not• 12
2,663,392
2,663,392
2,473,883
Rastrlet8d lund$
Not• 13
260,042
260,042
261,019
Total Charlty fund$
2,663,392
260,042
2,923,434
2,734,902
15

Charity No
Cotnpany
1079866
Earthworks Tru$t Limited
(OMMI
03011755
CC178
Audltèd Flnanelal Statamènts for thè
Period
Period
Start
end
rlod
01-Jan-22
31-Dec-22
Section B
Balance Sheet Icontinuedl
Thè financial statèmÈnts havè bèÈn praparèd in a¢¢ordan¢e with the spe¢ial provisions ol Part 15 01 th
Companiès Aet 2006 rèlating to small companigs.
The trustèes acknowlèdgg their responsibilitiès for..
lal Ènsuring that thè eharitablÈ company keops a¢¢ounling rè¢ords that ¢omply with sè¢tion$ 386 and 387
ol the Companies Ael 2006, and
Ibl prÈparing linaneial statèmÈnts whieh givè a truÈ and lair vièw ol thÈ statè ol affairs ol thè charitable
eompany as at thÈ ènd of èach linaneial yèar ènd and of its surplus or dèficit for Èaeh financial yèar in
a¢cordan¢È wth thè rèquiremènts of Sedions 394 and 395 and which othènmsè Comply with thÈ
rèquirèmènts of thè Companies Ael 2006 rglating to linan¢ial slalèmènts, so lar as applicablg to th
eharitablÈ company.
Thèsè linaneial statèmonts have boèn prèparod in a¢¢ordan¢o With thè spÈeili¢ provisions ol Part 15 01 th
Companiès Act 2006 rolaling to small ¢haritablo Companiès and in a¢¢ordan¢è Mlh FRS102 SORP.
The notes on pages 18-30 form an intègral part ol thesè accounts.
Thè flnanclal statèmènts wèr
approvèd by tha Board ol
Trustèès and slgn•d by
trustèès on behalf of 811 thg
tru$to&s a$ follow$=
Slgnatur8
Prlnt Nam
Datè of
approval
16

Charity No
Company
1079866
Earthworks Tru$t Limited
03011755
CC17a
Audlt•d Flnanclal Statèmènts for th•
èrlod
Pèriod
start
01-Jan-22
Period end 31-Dec-22
Section C
Statement of Cashflows
2022
2021
Cashflow from opèratlng actlvltlès
Nèt incomellèxpènditurèl bèforè tax lor thè réporting
pèriod las pèr thè statèmènt ol financial aetivitièsl
Adjustmènts for..
Bad dèbt provision
Dèprèciation ¢hargès
Dividènds, inlorèst and ronts from invoslmonts
Ilncroasèlldè¢rease in slo¢k
Ilncroasèlldè¢rease in debtors
Ilncroasèlldè¢rease in ¢rèdilors
188,532
398,019
37,216
25,787
233,071
172,718
142,336
292,424
Nat cash provld8d byllus8d Inl opèratlng actlvltle$
135,013
41,336
Cash flow provld8d byllus8d Inl In￿StIng 8¢tlvltl•$
Paymènts to acquire tangible fixed assets
Dividènds, inlgrèsl and ratos from invoslmonts
77,762
259,202
45,602
4,506
Nat cash Ilow from Inv8stlng actlvltlg$
123,364
263,708
Cash Ilow from flnanelng actlvltlg$
Rgpaymonl ol loans
Nat cash provld8d byllus8d Inl Ilnanclng aetlvltlg$
Changè In cash and cash gqulv81ont$ In thg roportlng p•rlod
Cash and cash •qulval•nt$ at thè b8glnnlng of th• r8portlng pèrlod
11,649
305,044
478,043
783,087
Cash and cash •qulval•nt$ at thè ènd of th• r•portlng pèrlod
489,692
478,043
Cash and cash •qulval•nt$ ¢on$l$t of=
Cash at bank and in hand
489,692
478,043
Noti¢è deposits Iless than 3 months)
Cash and cash •qulval•nt$ at thè ènd of th• r•portlng pèrlod
489,692
478,043

Section D
Notes to the Accounts
Note 1
Ba$1$ of preparatlon
1.1 Ba$1$ of ac¢ountlng
Thèsè accounts havè bÈèn prèparÈd on thè basis ol historie cost convèntion, with thÈ Èxcèption ol
invèstmènts which arè ineludèd at markèt valuÈ, and in accordancè with Aeeounting and Reporting by
Charitiès.. Statèmènt of RècommèndÈd PradicÈ applicable to eharitiès preparing thèir accounting in
aeeordaneè with thè Financial Rèporting Standard applicablè in thè UK and Rèpublie of Irèland IFRS 1021
issuèd on 16 July 2014. In prèparing thè linaneial statements thè eharity follows bÈst practicè as laid down
in thè Slalèmènt ol RècommondÈd Pracli¢e, applieablè Ac¢ounling Standards and thè Charities Ael 2011.
Tho partieular accounting poli¢iès followèd arè sèl out bolow.
1.2 Examptlon from prèparlng consolldat8d flnanel81 statèmant$
Th8 financial statèmènts eontain information about Earthworks TrLJSt Limitèd as an individual charity and do
not contain consolidatÈd financial information as thè parÈnt ol a group. Thè Charity is èxÈmpt undèr Sèction
399 01 the Companios A¢1 2006 from the rèquirèmènt to proparè ¢onsolidalèd linan¢ial stalomènls.
1.3 Chang8 In basls of aceountlng
Th8rè have bÈèn no changes to thè basis ol a¢¢ounling.
1.4 Chang8$ to prèvlous ac¢ount$
Thoro aro no adjustments lo prèvious awounls.
18

Section D
Notes to the Accounts Icontinuedl
Note 2 A¢¢ountlng poll¢le$
ASSETS
Tanglblè flxad as$8ts for
uso by charlty
ThÈsè arè eapitalisèd il thÈy Can bè usÈd lor morè than ong yèar, and eosl at
lèast £500. Thèy arè valuèd at eosl or a rèasonablè value on rè¢gipt. They
arè Ljsèd lor charitablè purposès.
Invèstmènts in sècuritiès arè valuèd at elosing rÈalisablè pri¢Ès at tho
balancè shÈèt datÈ. Thè diffèrèneè bètwèèn opèning and closing valuation
of sècuritiès is rèalisèd as a gain or loss in thè ineomè and ÈxpÈnditurÈ
aeeount.
Invè$tm8nt$
C8pItsI Grant$
Gifts ol tangiblè fixed assets or grants ol a Capital naturè givèn lor spècilie
purposès and fLJlly utilised in thè lurthèraneè of thè objèds of thè charity are
erÈditèd to a rèlèvant rÈstrietÈd fixèd assèt fund dèsignatèd for this PLJrpose.
ThÈ rèlatèd fixèd assèt is shown on thÈ balaneè shèÈt at thÈ lull eost ol
aequisition and deprèciatèd ovèr thè usèful lifè in accordancè with the
dèprèciation policy Ibèlowl. Thè rèstrictèd fund is transfèrrèd to gènèral funds
on acqusition ol thè rèlatèd assèts and is not amortisièd ovÈr thè lifÈ ol thè
assèts. Any spècifie rèstrietions imposèd by thÈ grant making body, bèyond
Ljsè by thè eharity lor thÈ PLJrposÈs ol it's normal charitablè activitiès, on usè
ol thè assets, is diselosod in thè Fixed Assèts notès.
D&prèclatlon
Deprèeiation is providod on all tangiblÈ fixèd assÈts al rates ¢alculalèd to
writÈ oll thÈ cost on a rèdueing balance mèthod ovor thèir expected usèful
èeonomic livès as follows..
Frèèhold propèrty and
rÈlurbishmÈnts
Plant and machinèry
Outdoor eonslruclion
al varying ratès on ¢osl
al varying ratès on ¢osl
al varying ratès on ¢osl
INCOME AND ENDOWMENTS
Raeognltlon of In¢omlng
Incomè from grants, lègaciès, donations, appèals, fLJndraising and
rg$our¢o$
invèstmÈnts is rÈeognisèd in thÈ Statèmènt ol Financial Adivitiès ISOFAI on
rÈeèipt providing thèrè arè no eonditions that would with hold paymÈnl
outsidè ol thè ehairitès eontrol including rÈeèipts whieh arè subjèct lo
rÈstrietions bÈeausÈ potÈntial withholding is in control of thè eharity.
WhèrÈ ineoming rèsourcÈs havè signilieant rÈlatèd èxpènditurè las with
fundraising or eontract incomè) thè ineoming rèsour¢Ès and rèlatèd
èxpènditurè arè rèportÈd gross in thè SOFA. Rèntal incomè is rÈportod nel
of collÈetion chargès on a rèeèivablè basis.
Grants and donations arè only ineludèd in thè SOFA when the ¢harity has
Ljnconditional ÈntitlèmÈnt to thè rÈsoureès.
Tax rècl8lm$ on donatlon$ Incoming rèsoureès from tax rèclaims arè ineludèd in the SOFA at thè same
and glfts
timè as thÈ gift to which thèy rèlatè.
Contractual Incomè and
This is only ineludod in th? SOFA on¢0 the related goods or sorvi¢es hav
pèrft)rmanca ralatèd grant$ bèèn dèlivèrèd.
Glfts In klnd
Gifts in kind arè aCCOLJntèd for at a rèasonablo Ostimalè ol thèir valuo to the
charity or thè amount actually rèalisÈd.
Gifts in kind lor salè or distribution are ineludèd in the accounts as gifts only
whèn sold or distributÈd by thÈ charity.
Gifts in kind for usè by thè ¢harily ar? in¢luded in thè SOFA as ineoming
rÈsourcès whÈn rÈeèivablè.
ThÈsè arè only includÈd in incoming rÈsour¢ès (with an èqLJivalÈnt amount in
rÈsour¢ès èxpèndèd) whèrè thè bènèfit to thè Charity is rèasonably
quantifiablè, measurablè and matèrial. Thè valuè plaeèd on thÈsè rÈsour¢ès
is thè èstimatèd valuÈ to thè Charity of thÈ sÈrvicè or facility rèeèivèd.
ThÈ valuè of any volLJntary hèlp rÈeèivèd is not ineludèd in thè accounts and
is dès¢ribèd in the Trustèès Annual Report.
In¢omlng rasourcès wlth
rg18t8d èxpèndlturg
Grant$ and donatlon$
Donated sèrvlcos and
Voluntèèr holp
19

Section D
Notes to the Accounts Icontinuedl
Note 2 Ae¢ountlng poll¢le$ {¢ontlnuedl
EXPENDITURE AND LIABILITIES
Llablllty r¢¢ognlllon
Liabilities ara rÉcognisèd in the SOFA on an aeeruals basis as soon as thoro is a
lÈgal or constructivè obligation committing thÈ charity to pay out rÈsourcès.
VAT whi¢h ¢annol bè rocovered is includod with tho Oxponsè lo whi¢h it rèlates.
As a règistèrèd eharity, thè eompany is èxempt from incomè and eorporation tax
lo thÈ Èxlonl that ineomè and grants arè applicablè to charitablè purposos only.
Ineludè eosls ol thè prèparation and èxamination ol statutory accounts, thè eosts
ol trustèè mèÈtings and ¢osts ol anylogal advicè to Irusloès on govèrnanee or
constitutional mattèrs.
VAT
Taxatlon
Govornancè costs
Rosour¢• allocatlon
Rèsourcès èxpèndÈd aro alloealèd lo parti¢ular aetivitiès whèrè the eosl relatès
dirèetly to that activity.
Whèrè thè charity givès a grant with conditions lor its paymènt bèing a spÈeili¢
lÈvèl ol sèrvieè or output to bè providÈd, such grants arè only rÈeognisèd in thé
SOFA oncè tho recipiènt ol thè grant has provided the spoeiliod sèrvicè or output.
Grants payablè wlthout ThèsÈ arè only rècognisèd in thè a¢¢OLJnts whèn a eommitmènt has bèÈn made
pèrformanco
and IhÈrÈ arg no conditions lo be mot relating lo tho grant whi¢h remain in the
eondltlons
control ol thè eharity.
Support Co$ts
SLJPPOrt Costs includÈ cÈntral lunetions and hav6 bèèn alloeatèd to activity Cost
Catègoriès on a basis eonsistènt with thÈ usè of rèsoLJreès, È.g. allocating propÈrty
costs by floor arèas, or pèr eapita, staff eosts by thè timè spènt and othèr eosts by
thèir usagè.
Funds hèld arè èither..
Grants wlth
pèrformanco
¢ondltlons
Funds held by th•
eharlty
Unrestricted general funds- these ale funds which can be used in accordance
with thè eharitablÈ objècts al the diserètion ol thè TruslèÈs
Designatedlrestricted fund5- these ale fund5 which can only b8 Used for
partiCLJlar purposès within thÈ objÈets ol thÈ charity. Rèstrictions arisè whèn
spÈeifiÈd by a donor or whèn fLJnds arg solicitèd on the expli¢il understanding that
thèy Mll bÈ applièd lo particular rÈstrietÈd purposÈs.
Note 3
Winding up or di$$olution of the eharlty
11 upon Mnding up or dissolution of thè Charity thÈrè rèmain any assèts, aftèr th6 satisfaction ol all dèbts and
liabilities, thè assÈts rèprèsÈntÈd by thè rèmaining accumulatèd fund shall bÈ transfèrrèd to somè othèr
Charitablè body or bodios having similar objè¢ts to the ¢harity.
20

Section D
Notes to the Accounts Icontinuedl
Note 4
Analy$l$ of In¢ome and Endowments
Unrostrlctgd
funds
Rèstrlctèd
Income
fund$
Totsl Th1$ Total L8$t
yoar
yoar
Analys1$
Donatlons and
Lagaclès
Capital grants
64,045
64,045
364,388
Revènuè grants
7,400
7,400
17,444
Total
7,400
64,045
71,445
381,832
Charltablè
Actlvltlès
Donations recoivod
53,762
53,762
20,881
Gift aid
106
106
684
Total
53,868
53,868
21,565
Invastmènt
Incom8
Income from trading subsidiariès
376,070
376,070
200,678
Gain on Invéstment IReslri¢led Fund)
2,106
Bank inlèrèsl
1,760
1,760
584
Total
377,830
377,830
203,369
Othèr Incomlng
rèsourcès
Rental income
RS IFurloughl grant
in¢omo
6,767
6,767
7,200
3,215
Total
6,767
6,767
10,415
Totsl Ineom• SOFA)
445,865
64,045
509,910
617,181
21

Section D
Notes to the Accounts Icontinuedl
Note 5
Analy$l$ of Expendlture
Restrlcted
Ineomo
fund$
An8lysl$
Unrestrlet8d
funds
Total
Total
Thls yèar Lost ￿ar
Charltabl8
8¢tlvltl•$
Rates, watèr and sèrvice eharggs
Insuran¢e
3,860
3,860
4,649
15,152
15,152
13,932
Offi¢0 SalarièslPayroll
Fundraising a¢tiviles
Equipment rèpairs and rènowals
Sundry oulgoings
Subseriptions
Deprè¢iation ol tangible fixèd assets
Lègal and Prolgssional Fèès
Grant Expèndituro
Grants payablè lo subsidiariès
22,682
22,682
26,488
665
665
150
150
1,450
107
107
120
80
80
85
34,332
2,884
37,216
25,786
2,952
2,952
1,016
64,680
64,680
19,643
164,587
164,587
122,265
Total
244,567
67,564
312,131
215,436
O¢hgr
IndèpÈndènt A¢¢ountant's inspection I
Audit
6,750
6,750
750
A¢¢ounlan¢y and book koèping eosls
Bank charges
2,364
2,364
1,840
133
133
1,136
Total
9,247
9,247
3,726
Total Expèndltur8 {$8è SOFA)
253,814
67,564
321,378
219,162
Thè charlty has no dlvlsablè charltable aetlvltlès, as Its solè charltablè actlvlty Is thè malntonaneè of th•
grounds. Th*r￿Or￿, rèallocatlon of support and govèrnancè costs arè not posslblè
Note 6
Tru$tee remuneratlon
ThÈrÈ wèrè no Irusloes, rèmunoration or othèr bènefits lor the poriod èndèd 31 Dè¢embèr 2022 or 31 Dè¢èmbor
2021.
22

Section D
Notes to the Accounts Icontinuedl
Note 7
Detalls of eertaln Item$ of expendlture (In¢luded In expendlture)
Th1$ yoar Last yoar
Analysls
Numbor ol trustèÈs who woro paid expenses
Trust9• •xpènsè$ Naturè ol the expenses
zèro
zèro
Total
The above oxponse wèrè waivèd and giftod ba¢k lo tho Trust and treatod as donations.
Th1$ y&ar Last yoar
Analysls
Audltors fè&$
Auditors lèes
6,000
Total
6,000
Analysls
Thls yaar Last yaar
Fa8s for
Independent exatninei's fees
èxamlnatlon and
Othèr fèès Ilor èxamplè.. advicè, Consultaney,
othar aecountancy aeeountaney sèrvieesl paid to the independent
f9•$
examinèr or auditor
750
750
2,364
1,840
Total
3,114
2,590
Key Management Per$onnel
Thè total amount ol employèè bènolils lineluding omployèr pènsion ¢ontribulions and èmployor
national insuraneè eontributionsl rècèivèd by kèy managemènt pèrsonnèl lor thÈir sorvico$ 10
the ¢harity was £35,181.89 for one employ?012021.. £26,488.42, ono omployeel
Staff Co$ts
Th1$ yoar
Last yoar
S818rlè$ and
Soclal sacurlty
P&nslon eosts
Othèr èmploy8è
Totsl statt ¢o$t$
32,150
2,048
984
24,676
1,177
636
35,182
26,488
No employees received employee beneflt$ (ex¢ludlng employer pen$lon ¢o$t$} for the reportlng
perlod of more than £60,OIXI
Average head ¢ount In the year
Thls yaar
Numbèr
Last yaar
Numbèr
The parts of the eharlty In whl¢h the Fundralslng
employees work
Charltablè A¢tlvltl•$
Govèrnancè
Othèr
Tot81
23

Section D
Notes to the Accounts (continued)
Note 8
Tanglble flxed a$sets
8.1 Cost or valuatlon
Frèahold
propèrty
Plant and
maehlnary
Outdoor
eonstructlon
Total
Balaneè brought forward
Translgrs
2,459,287
178,388
72,188
2,709,863
Additions
77,339
423
77,762
Rèvaluations
Disposals
Balancg ¢arrl8d forward
2,536,626
178,388
72,611
2,787,625
8.2 A¢cumulatèd d8prgel8tlon and Impalrmont provl$lon$
Frè&hold
propèrty
Plant and
maehlnary
Outdoor
eonstructlon
Total
Balancè brought forward
Dèprèciation chargè for yoar
Impairmènt provisions
Rèvaluations
292,417
177,523
66,854
536,794
35,364
278
1,574
37,216
Disposals
Balancg ¢arrlgd forward
327,781
177,801
68,428
574,010
8.3 Nat book value
Brought forward
Carrlgd forward
2,166,870
5,334
2,173,068
2,208,845
587
4,183
2,213,615
24

Section D
Notes to the Accounts Icontinuedl
Note 9
Investments
9.1 Cost or markot valuatlon
Sharas In
group
undèrtaklngs
Invèstmants
Totsl
Al 1 January 2022
Rèvaluations
45,855
45,857
4,801
4,801
Additions
50,400
50,402
Disposals
Balancg ¢arrl8d forward
91,455
91,459
Sharè Capital has beon roeognised in tho ¢urronl yoar lor Wood4Hèat Limitod, a dormant ¢ompany
9.2 Nèt book valuo
Brought forward
Carrl¥d forward
45,855
45,857
91,455
91,459
Note10
Debtor$ and prepayment$
Analysls of d8btor$
Amounts falllng du& wlthln
on& y&ar
Thls ￿ar
Last yaar
Amounts falllng dua aftèr
morè than on& ￿ar
Thls yoar
Last year
Tradè debtors
Amounts owèd by group undgrtakings
Othèr dèbtors
759,506
541,436
15,081
80
Total
15,081
80
759,506
541,436
Note 11
Credltors and a¢erual$
Analysls of ¢r8dltor$
Amounts falllng du& wlthln
one yèar
Thls ￿ar
Last yaar
Amounts falllng dua aftèr
morè than ona year
Thls ￿ar
Last year
Bank loans and ovèrdrafts
Dèfèrrèd Ineom
8,750
Tradè ¢rèdilors
799
Amounts owèd lo group
undèrtakings
Othèr eroditors
628,190
498,860
8,974
3,924
Tolol
17,729
4.723
628,190
498,860
25

Section D
Notes to the Accounts Icontinuedl
Note 12 Unrestri¢ted Funds
Thls ￿ar
Last y8or
Analys1$
Balanco brought forward
Not ineoming rosour¢es
Transfor lo rostricted funds
Gonèr81 fund$
2,473,883
2,220,220
192,051
50,297
2,542
203,366
Balaneo carrlgd forward
2,663,392
2,473,883
Roprèsontèd by - Fixèd assets
Not ¢urrènt assets
2,158,823
2,275,249
1,132,759
198,633
Long tèrm liabilitlOS
Balaneo carrlgd forward
628,190
2,663,392
2,473,883
Total Funds
2,663,392
2,473,883
Note 13 Restrl¢ted Funds
Movom8nts of malor fund$
Rastrlcted fund$-
2022
Fund
balanc8s
brought
forward
Transl&r$
to
rèstrlctèd
funds
Fund
balancès
carrlad
forward
Incom
Expèndltur8
Burial Silo
56,930
40,400
5,875
91,455
SDNPA Covid 19 Rè¢ovèry
Restricted Various
12,500
12,500
45,000
1,645
46,305
South Downs National Pad( Grant
62,400
2,884
59,516
Capital Improvemonts
146,589
37,858
108,731
Total Rostrlctgd Fund$
261,019
2,542
64,045
67,564
260,042
26

Section D
Notes to the Accounts Icontinuedl
Note 13 Restri¢ted Funds Cont.
Unr•strlet8d
Funds.. 2022
Fund
balancas
brought
lorward
Transfars
b8twè&n
funds
Fund balanc8$
Carrlèd
forward
Incom8
Ex
ndltura
Dè
natèd Fund
GÈnèral RèsÈNèS
61,374
10,626
72,000
Genèral Funds sel asidè lor
opèrational andlor capital costs
Major Donor Gill Aid
112,180
1,075
113,254
187,500
187,500
GÈnèral Funds
2,225,009
125,348
444,791
253,814
2,290,638
Total Unrè$trl¢tgd Funds
2,473,883
2,542
445,866
253,814
2,663,392
Total Fund$
2,734,902
509,911
321,378
2,923,434
Funds: 2022
The 'Buiial Site. fund is all excess funds from South Down5 Natural Burial Site Limited that ar8 donated to Earthwoik5
Trust LimitÈd lo support thè eharitablÈ objÈetivès.
The 'SNDPA Covid 19 Recovery. fund was a giant received to provide oiganisational financial support Costs whilst
opèrating LJndÈr Covid Rèstrietions and eompènsatè lor loss ol ineomè. Corè eosts.
The 'Restricted- Various. funds are giants and donations from various sources with restrictions such as the Young
Natural Ambassador Programmè and thè EdLJeation ProgrammÈ. Each donation is spènt according to thè donors wishès.
Th8 'South Down5 National Park Giant, is a grant towaid5 the Ready Steady Glow programtn8 to provide sotne n8W tripl8
glazèd windows and a nÈw roof to thÈ LÈarning Hub.
Th8 'Capital Improvements. fund 15 for capital works to buildings and site Infia5tructur8 itnprovern8nts.
Tran$fers between fund$
Reason for transfer
This sum was transferred to an investment fund-
allocatÈd lo site manag8tnent in the longterm
Amount 1£)
40,400
Bètwèèn unrèstrietèd and rèstrictèd funds
Deslgnated funds
Pur
ose of the desi
nation
These funds are held in accordance with our policy to
hold 2 months operational costs in reservè to ensurÈ
financial and operational stability.
This sum was tho inlrodu¢tion ol a now COIF dèposit fund
Amount
72,000
Genèral RèseNes
GÈnèral Funds sÈt asidè lor operational
ndlor Capital costs
102,180
Thesè ILJnds arè hÈld follo￿ng a dècision by thÈ trustèès
to ensurè any Èxcèptional itèms ean bè mèt. Thè fLJnds
arosÈ from a gift aid claim on a largè donation in roSPè¢t
of the newloarning eèntrè
187,500
Major Donor Gill Aid
27

Section D
Notes to the Accounts {continuedl
Note 13 Re$tri¢ted Funds Cont.
Movèm&nt$ of major lunds
Rèstrlctèd fund$'.
2021
un
balance$
brought
fomard
rans
to
rèstrlctèd
fund$
èrs
un
balancès
carrlad
forward
In¢omè
Exp8ndlturo
Burial Site
52,434
2,400
2,096
56,930
EHDC-Improvèmènl
SDNPA Covid 19 Roeovory
Rèslri¢tèd - Various
4,240
4,240
23,500
11,000
12,500
3,532
45,000
3,532
45,000
Capital Improvèmènts INow Learning Control
32,957
205,756
319,388
146,589
Total Rèstrlctèd Fund$
116,663
203,356
366,484
18,772
261,019
Unr&strlct8d
Fund$= 2021
Fund
balanc•$
brought
lO￿ard
Fund
balancès
carrlad
forward
Transfers
b&lwèen
funds
Incomè
Ex
ndltura
Desi
nated Funds
Genoral Rèsèrvos
57,024
4,350
61,374
Major Donor Gilt Aid
187,500
187,500
Gènèral Funds
1,975,697
199,015
250,687
200,390
2,225,009
Tolol Unroslrl¢tgd Fund$
2,220,221
203,365
250,687
200,390
2,473,883
Total Fund$
2,336,884
617,171
219,162
2,734,902
28

Section D
Notes to the Accounts Icontinuedl
Note 13 Restri¢ted Funds Cont.
Funds: 2021
The 'Buiial Site. fund is all excess funds from South Down5 Natural Burial Site Limited that ar8 donated to Earthwoik5
Trust LimitÈd to support thè eharitablÈ objÈetivès.
The EHDC Improvèmènt Grant is lor lands¢aping improvemonts to the frontagè and ¢ar park
The 'SNDPA Covid 19 Recovery. fund was a giant received to provide oiganisational financial support Costs whilst
opèrating LJndÈr Covid Restrietions and eompènsatè lor loss ol ineomè. Corè eosts.
The 'Restricted- Various, funds are giants and donations from various sources with restrictions such as the Young
Natural Ambassador Programmè and thè EdLJeation ProgrammÈ. Each donation is spènt according to thè donors wishès.
Th8 'Capital Improvements. fund 15 for capital works to buildings and site Infia5tructur8 itnprovern8nts.
Tran$fers between funds
Reason for transfer
This fund was kept as an invèstmènt fund. Not all ineomè
was rèquirèd for thè silè managèmènt and burial
commitmènts
In linè with thÈ accounting policy for AssÈts,. Capital
Grants a onè off transfèr was madè from rèstrictèd to
unrestrictèd funds on eapitalisation ol èxpènditLJrè in
rèlation to WèthèrDown Lodgè 2 INÈW LÈarning CÈntrÈl
Operational Costs have incrèasèd, thÈrèforÈ thÈ 2 months
reserves have also in¢reasèd.
Amount 1£)
2,400
Bètweèn unroslrielod and rèslri¢tèd funds
205,756
Bètweèn rèstri¢tèd and unrèslri¢tèd funds
Bètwèèn unrèstrietèd and dÈsignatèd fLJnds
4,350
Deslgnated fund$
Pur
ose of the desi
nation
These funds are held in accordance with our policy to
hold 2 months operational costs in rÈsèrvè lo ènsure
financial and operational stability.
These funds are held following a decision by the trusteès
to ensure any exceptional items can be mel. The funds
arosÈ from a gift aid claim on a largè donation in rospè¢t
of thÈ nÈw lèarning eèntrè
Amount
61,374
GÈnèral RèsÈNèS
187,500
Major Donor Gill Aid
29

Section D
Notes to the Accounts Icontinuedl
Note 14 Related Party Transa¢tlon$
Balan¢e outstanding to Earthworks Foundation Limitèd=
Oponing balancÈ1011011221
Plus.. Committèd Donations to Foundation in year
Lèss.. Cash Transfèrrèd During thÈ Yèar
Closing Balan¢e1311121221
498,860
164,587
-35,257
628,190
Balan¢e outstanding from South Downs Natural Burial Limitod..
Opèning balancÈ1011011221
Donations from SDNB Limitèd in yÈar
Lèss.. Cash Transfèrrèd During IhÈ Yèar
Closing Balan¢e1311121221
540,591
376,070
-158,000
758,661
Balan¢es outstanding from Wood4Hèat Limitod..
Opaning balancÉ1011011221
Donations in yèar
Closing Balan¢e1311121221
845
Earthworks Foundation Limitod is a connèetèd eompany limilod by guaranloè.
South Downs NatLJral Burial Sitè Limitèd and Wood4Hoal Limitèd are wholly ownèd
subsidiariès of Earthworks Trust Limitèd.
Note 15 Ultlmate Controlllng Party
The ¢harity was under the eonlrol ol tho trustèès throughout tho year.
Note 16 Future Commltments
Minimum lèaso payments under non-¢aneèllablè oporatingloasès fall duè as follows..
2022
2021
Within onè yèar
Betweèn two and Iivo yoars
1,391
3478
4,869
30