REGISTERED COMPANY NUMBER: 03889382 (England #nd Wales) REGISTERED CHARITY NUMBER: J080838 RT TR irNAUDJTED fiNANCIAL STA TEMENI. NDED TMAR H202 LD GROUND M. D. Coxey and Co. Limited Chartered Accountant5 25 Gr05venor Road Wrexham LLII IBT
WIL N'fENTS or'rHE FINANCIAL STATLMENTS RTHEY LD31ST Fl 2 25 Page Report of the Trustees 3 to 9 Independ¢nt Examin¢S Report 10 Statement of Financial Activities Balance Sh¢ct 12 to 13 Ca8h Flow Statement 14 Notes to the Cash Flow Ststem¢nt Notes to th¢ Fin¢1] Stst¢ments 16 to 23
The trustees who are also directors of the charity for the purposes of the CompBnies A¢1 2006, present their rtport with the finarjcial statcments of the charity for th¢ year ended 31st March 2025. The trustres have adopted th¢ provisions of Accountin8 artd Reporting by Cl)arities.' Statement of Recommended Practice applicable to charities preparing thcir accounts in accordance with the Financial Reporting StandArd applicable in the UK and Republie of Ireland (FRS 102) (effective l January 2019). OBJECTIVES AND ACTlVtTIES Obj¢ctiv¢s and alms Our mission is to engage, inspire and enthus¢ local ¢ommunities. acting together to prolc¢t wildlife. and enhance habilats And eco-systems. Our aims are: To provide opportunities to all members of the cornmunity to connect wich and lo value their local wildlife; 2. To provide ecologi¢al training. providing leaming opportunities for personal and professional skills developmcni: 3. To create opporbjnities and provide support for A diverse range of volunteer5. 4. To ¢onserv¢ habitsts for the bcnefit of amphibian and reptile populations &nd other wildlife. Each year tiie trustee5 of the charity review the objectives and activities of tli¢ diarity to cnsure they ¢ontinue to reflect the aims of the charity. ACHIEVEMENT AND PERFORMANCE Churit¥bl¢ Mctivitl¢s 'rh¢ Truslees are mindful of the Charity Commission's requirement to report on public b¢n¢fit and the following summary of achievements and perf0m1ce indic&tes how our activities contribuk towards the public benefil. li was anoihcr busy ycar with 11 engagement with schools. local communitie5. and other beneficiaries as well a5 with our volunt¢¢r8. crcating opportunilL¢S for all to underslond. connect with and value their local environment and wildlifc. The narrative which follows provides an account of Wild Ground's principal &ctivili¢s. as well a5 examples of ils achievements during the year. Wild Ground owns fiftccn nuturr rcscrve sii¢S which are grouped into thirLeen reserves for managcmcni purposes. Most f the siles were taken on Rs mitig&tion siles for great crested newts but we m&ndg¢ the sites in a way which bencfils wider biodiversity. Funds for the lon8-terni n)anagement ol'these sites arc made available via a one-off paynient from the developer at the point ofsite transfer and are based on an agreed management plan. In addition lo these land managemen( funds four site5 attract payment of rent charges from house owners. As well as owned sites, Wild Ground marta8es two sites with an amphibian and reptile interes¢ on behalf of the sile owners. Work on th¢se sites 15 fiJnded dire¢ily by the sile owners. The work is managed and carried out by our Reserves T¢am, which MprISeS the He&d of Contracts and ProjectDelivery, and a small team of Reserves Officers. Soine of the reserves have public footpaths and perniissive footpatlis which enablc local communities to occess and enjoy their local reserves. Wild Ground runs a full varied volunteering programm¢. enabling locul communities to support Wild Ground's work, get to know the r¢s¢rv¢s better and engage in personal and professional development. Wild Ground holds occasional public evcnls at sites that do not have open public access to engage with Iochl communities and enable them to learn more Aboul the nalllre reserves. Wild Ground h&8 for mBny years managed the Rhydymwyn Valley Nature Reserve (RVNR) site on behalf ofDefra under a tend¢ffed contract. Since 2019 the contract has been subject to a series of red-tern) extensions. while Defra reviewed the future ownership of the site ahead of fornial contract retender. This contracted work provides a significaT]t proportion of Wild Ground's turnov¢r and work activity. We were very pleased to win the most rccent tEnder with an award of contract for one year from Ortobcr2022 with annual extensions from October 2023 and from October 2024. A rctcndering process is expect¢d to bc launrh¢d in th¢ SumTn¢r 01-2025. for which w¢ will be Eompeting. Exampl of Wild Ground'5 achievements during 2024-25 are set out below. Annual Survey of Great Crt8ted N¢Tvts Th¢ amnual survey of great ¢r¢sled n¢wts took place in April and May 2024 and completed in line with contract and SSSI requirements. Th¢ survey s¢ason is a major undertaking for Wild Ground requiring staff to work nighi shifts. Through careful planning we succeeded in carrying Out our survey obligations as well a5 maintaining our T¢gular work
THEY with volunteers and sehools and delivering our contractual obligations at our variou5 nature reserye sites. Newt Networks In early 2023 we were delighted lo be aWded £250k funding by the Nature Networks Fund (a Welsh Govemment grant progrdmme delivered by tlie NationLI Lottery Development Fund) to supporl our Networks programme whicl) started on l&1 April 2023 and extended over the following two years. Working in partnership and irlvolving communities the programme sought to increase the resilience of the network of all our protected sites in Northcast Wales. The Wild Ground team engaged with local communities. schools, and volunieers with the aim of making our site habitats more resilient and of increasing nature connectivity. A wide range of enjoyable. &ecesssble engagement a¢tivilies to suit varied intercsts, abilities and access needs were delivered. Th¢ progrdmme also included capital investment in sites to deliver habital improvement, especially for great cresied newts. 8nd lo support partner neighbouring siles to improve connectivity. ID 2024-25 capilal works were delivered al Aberderfyn- Pond CreAtion Glascoed- Fencing to protect pond hobitats Bro8doak- Woodland M8nag¢m¢nt Works Knowle Hill- Woodland Management Works All the capital works were designed (o improve and expand 8uilabl¢ habit&t$ for various species on the sites. Connah's QUAY Woodlandi Thanks lo Landfill funding we were able to deliver a series of voluntger sessions lar8¢ted at woodlglnd management, Bs well as events, and school visits. Healthy River Comrnunlty 4t Kln8'1 Mlll Funded by Awards for All this pmject supported a weekly volunteer session al the Kin8's Mill sile. It ended in March 2025. Rhydymwyn Valley Noture Reyerve Staff have continued io mana8e and deliver the o)nlracl for this Defra owned sil¢. The ¢ontract Slipula*s a range of sile management prescriptions and survey requiremenls. The contract is managed by D¢fra with monthly liaison meetings. In addition io an annual repjrt, we are also required to report against KPIS and produce survey data at regular interv913. Th¢ mosl r¢¢enl contrac( was awarded in October 2022 for on¢ year with poteniial annual exknsions for a further two years. Both onnual cxl¢nsions wer¢ secured by Wild Groun4 and the current contract concludes at th¢ ¢nd of September 2025. A retendering process is expccied be launched in the Summer, for which Wild Ground will compete. Genernl Reserve MAnagement G¢neral reserve m&nagement ha5 continued across our network ofsites. Our team of reserves otTicers work across sites to ensure they 8re maintsined Safely ond provide the best habitat for our range of 5UPWlrted species. The team provide a range ofvolunteer opportunities for local communities, deliver educational sessions lo local schools. and organise events throughout the year. Work has been priorilised across all siles bAs¢d ort contractUAI obli8Qtions, project aims and ¢ommilments, and s&fety requirements. Priority sites with a designalion or linked to a contract are maintained to A good or exeellcnt standard, while other sites are maintain¢d to a moderate or good stsndard. Th¢ focus ofreserve managemcnl through ihc year in¢luded grassland managcen( access improvemerlts, pond [narLement. tree managemenl, clearing invasive spccic$, and infrastructure improvements such &s fencing. bridge repairs and drainage. As regard5 Site and tree safety. monthly safcty checks hove been re¢ord¢d digitatly using a mappKn8 SySt¢m, allowing 5t&ff to rerI issues directly via site maps. pinpointing the location accurately, Volun¢eering Support from ourvolunteers is vital to enable us to ¢aTry out some ofour projects, il also BnablEs us lo engag¢ local people in practical cons¢rv8tion work which bring5 immediate benefits to the local area and long-tern] benefits with incr¢ased local knowledge, enthusiasm and parti¢ipanl confidence and wellbeing. The monetary value of thi5 conlTibutior] ¢an b¢ used to mal¢h funding received from outside sour¢es lo maximise (h¢ b¢n¢fits financially and in t¢ms of work ¢ompleted on th¢ ground. Perforniance Me85ures People Number of volunl¢ers Number of corporate volunteers 114 19
FOR THE YEAR ENDED 31ST MARCH 2025 PIACCS P¢ople engaged in outdoor activities . Area of land maintainedlimproved 992 405.25Om Planet Flooding & Erosion Projects Wasle removed from publi¢ spa¢¢s Environmen¢al Quality Proj¢cts 2.335kg 20
VIIED GRO FINANCIAL REVIEW Finaneial position The trustees have reviewed the Charity's need for reserves in line with the Charity Cofllmission guidelin¢s and the Group's Management Plan. Financial ForecLst and Risk Assessmeni Policy. Given the Charity's dependence on a mix of both contractual and discretionary grant income and to ensure that the Charity Can rnn efficiently ond to enable it to discharge its charitable dutL¢& Lt is considered pNdcnt tD maintain unresirickd reserves of no less than three months of unrestricted expenditure. These are to cover costs such as salaries. repairslreplacements, and potential other employment Costs. In the past this level of reserves has been shown to be sufficient to absorb unexpected setbacks and short-terni fluctuations such as the mismatch betw¢¢n expendihjre and discretionary grant income. In addition, the tn]stees aDticipa* having to absorb the shortfall between expendinJr¢ and income with regards to the managed sites and s¢If]e projects provided for in the restricted Teserves.. the unrestrieted reseryes need io be maintained to cover thc anticipalcd shortfall. Unrestricted rescrves as al 31 st March 2025 amounled to £261,282. Prin¢lpAI fundlng $our¢¢$ The Charity hos A v8ri¢ty of fijnding streams which vary from short temi to long terni. This year the primary sources included eontinuing payments from Defra in respect of the Rhydymwyn nature reserve. The Charity also receivey land management funds from developers lo cover the long-t¢mi management costs of nature serves. Th¢s¢ fvnds 8rt Calculated bas¢d on the management plan of the site ovcr ll 15-yeaT period and paid as a lump sum lo the Charity which it retains as deferred income. This enables th¢ Charity to draw down &nnual Amounts for mosl of its nature reserves which it then uses for conservation management and community work5 on the siles. Granl-funding is the principal source of funding for projects. Other income source5 include management contracts. con8ulwi¢y. ground rent and property ¢har8es. and interest on bank deposits. as wcll small amounts derived from donalions and fundraising activities. Total income ftir th¢ year 2024-25 WAS £393.641. The main funding 8ources have been: Heritage Lottery Charitable grants Public s¢clor Private s¢¢tor 119,772 80.462 72,258 121.149 These fi8ur¢s allow for a¢¢ru¢d and defe¢d in¢om¢ from all funding sources. Investment policy and objective The trustees invest Lhe Charity's fllrtds in accordan¢e with its inveslment policy which complies with the regulations and guidelines llid down by the Trustee Act 2000 lor a staiutory re•enactment or modification of that Act) and Segally bindii)B r¢stri¢lions as set out in the transfer documents of some sites. Following a significant injection of cash arislng from the success1 conclusion of th¢ LBne End naiure reserve transfer from Rcdrow HomB5 (North West) Ltd the trust¢e5 d¢CId io invest £600k of Wild Ground'5 total cash balanc¢s (all restricted r¢s¢rves) in El balanced 8nd latiV¢1Y low risk ethical inv¢stm¢nl portfolio comprising bondsi gilts. and shares. with the strategic objective lo at least rnainlain purchasing pow¢r ov¢r the longer period by earnin8 &ppropriat¢ returns. Following a ¢omprtilive sel¢¢lion pro¢¢ss, Canaocord G¢nuity (CG) were appointed as our investrnenl manag¢r in March 2022. Th¢ thre¢ years whi¢h followed hav¢ s¢¢n turbulent times in the fmancial mE4rkets, becaus¢ of th¢ ¢ot]fli¢ts in the Ukraine and Middle Ea51 high Inflatio and polili¢al and economic instability. Al 3111 MarGh 2025. th¢ value of the investment portfolio stood at £566k-& reduction of £34k from the original inve5tm¢nl sum but an increase of£3k over the equivalen¢ 2024 valuation. R¢gular meetings rontinue to b¢ h¢ld with CG to monitor their performance and the efficacy of the inv¢stment strate8y with a vi¢w to further r¢V¢rn8 ground gnd earning the targ¢ted returns in the longer temi. Following a fonnal strategic review in the first quarter of the financial year £1SOk w&$ transferred from the discretionary por0110 to an exclusively gilts Portfolio to reduce overall risk. To earn further return5 from Wild Ground's cash holdings £IOOk COT]linues to be h¢ld on deposit in an inlerest-bearing Natwesi Treasury reserve account on a rolling red t¢rni basis. with a fijrther £55k in a Natwest 35-day acce55 ac¢ounl which also yields interest.
VllLD G Sufficient liquidity has been retained lo meet the organisation's working capital and foreseeable day-lo-day needs and the balance of Wild Ground's cash at 31 st March 2025 remained on instant acccss in a current account and a gold account with CAF Bank, with a further sum in a Natwest current account. FIITURE DEVELOPMENTS The Charity recognises the need to continue to work closely with partners and commwiities to ensure funding streams are maintained and aims and objectives are mel. Whilst the Charity is continually Striving to secure funding to meet its immediate needs. it also recognises the need to diversify funding streams and create innovativ¢ projects to secure income and to capture the support of the local communities it serves to ensure its eontinuing viability. To this end tli¢ Charity continues to consult with other third sector OTganisation4 charities. and Gommunities it alrcady works wilh in addilion to new community groups to examine how it can better servc Ioc81 needs. Mlndful of (he e¢onomi¢ ¢lim&te ond the impact this is having on grant funding, the Charity is also pursuing closer collaboration with like-rnindcd charili¢s. It is hoped that devcloping rloser working relationships with our p8rtncr& as well as developing ncw partncr5hips, will er]abl¢ us to pool existing Skills and knowledge as well as lo work together on projects and lundraising for th¢ benefit of partn¢rs and local communit1¢5 alikc. Business plan priorities 2025-26 Th¢ trustees of Wild Ground continue lo pursue the following business plan priorities as part of a strftlegy for ¢n5uring th¢ long-lenn 5uslainability ofihc ChaTIty'. To increase and diversify ndIng streams, 2. To proa¢tiv¢ly s¢¢k out tunded mitigation work opportunities arising from developrn¢nl to grow our network ol. nature resetves with the associated biodiversity and community benefits. and 3. To build capacity within the organisation lo grow and d¢v¢lop our service offer and th¢ skills of our specialist team to dclivcr oulcomcs in pursuit of Wild Ground's mission. The GWNW Group's strategic plan for 2024-27 includes the followin8 strategic goal for Wild Ground.. To champion nature conservation through posiiive and proactive land man88ement and help more people lo connect with and vAlu¢ nIre. biodiversity. and open spaces. STRUCTURE, GOVERNANCE AND MANAGEMENT GovcrTrlng Docum£Tht The Chlty is contTolled by it5 governing documen( the Memorandum and Articles of Association incorporated 6 December 1999, as amended by Special resolulions daied 19 July 2005. 2 December 2014. 28 November 2016, 28 Febrnary 2019. and 6 October 2021. and Consiitutes & limited company> limited by guarantee. as defined by the Cornpanies Acl 2006. Governanee Revlew A comprthcnsivc review of thc govcman¢c of Wild Ground #nd die other members of the GWNIW Group was conducted in 2021 using the framework for govcman¢¢ r¢vi¢ws issu¢d by Groundwork UK. While the findings were generE4IIy )sitiv¢. several improvement actions wer¢ id¢nlifi¢d whi¢h were approved by the Board and w¢r¢ progressively implemented with completion in 2023. Furthergovernance improvements were carried out in 2024-25 inspired by the PilDtlight mentoring programme. including th¢ dr&ftin8 and implernentation of a blueprint for b)ard succession and d¢velopm¢nl across the Group. Recruitment 4nd Appointment of Lycw Trustee Following an oJnendment to the Articles in February 2019, TnJst¢es ¢Jn be appointed by the member(s) at a g¢neral meeting. Th¢ members are mindfijl of their responsibilities towards trustee recrnitment and regularly r¢view th¢ recruitfflent policyy H5 11 as the induotion and training off¢r¢d to new Truste¢s. A further amendment wa5 wnad¢ to th¢ Articles in October 2021 to align the Hppointment terms of Trust¢es with the thr¢¢ y¢8r5 which applie5 to the Tnte¢S of Groundwork North Wales, the holding company. Org4n111Ol A Trangementj During the period of this report. Wild Ground hos been ¢ff¢¢liv¢ly managed by a Board of Trustees who are responsible for the overall governance of the Charity. its financial stability and strategic direction. For th¢ s8ke of administrative etTiciency and except for the AGM and when otherwise determined, the gov¢rnan¢¢ and business of Wild Ground is conducted under the umbTella of the GWNW Group Board which meets on a quart¢rly bls. and by GWNW'S Finance and Human Resou¢8 Subgroup which meets in the period between Board Tneelings. while risk assurance is overseen by
THE RfNDED.IIS the Group Board's Risk Assurance Subgroup. Day to day responsibility for the operational nlljning of Wild Ground is dcl¢8ated to the Head ofEnvironmental Pmjects and Conservation. who line manages. supervise4 monitors work programmes undertaken by & team of 5 staff. Trust¢¢8 are presented with r¢8ular progress rerM)rts on services and activities as well as financial report5- they exercise scrutiny and approve budgets. Tn]s(ec5 a]so take r¢spon5ibility for the dClOpMent and opproval of 811 company policie5 and proccduT¢S and for the rccTUitn)¢nt and appoinimenl of the most s¢nior 518if. Wild Ground is a subsidiury ol. Groundwork North Wales and benefits from the support of lh¢ parent's back1¢¢ fvnctions in HIL Financc, Business Dcvelopmenl. IT and Salcs & Marketing, as well as sharing accommodation and the associaled costs. RelAl¢d PHr¢l¢s Wild Ground collaborates with a wide range of partners al local, regional. and national l¢vel. These inolude publi¢ bodies and other third sector organisations. The purpose of this llAboratIon is to develop new projects and services, to secure additional resources and to represent the third sedor. A register of int¢rests is kept. Y4nd the declarntion of any poiential conflicts is invited at each trustee meeting. Rtsk Mgnggement Th¢ trustees have a duty to identify and revi¢w the risks io which the charity is exposed and io ensure appropriate confrols are in place to provide reasonable assuran¢¢ 88ainst fraud and error. The contyols that are in ploc£ to reduce the likelihood of risk occurring include: l. Having Strong financiol controls and procedwes in plac 2. HAvin8 8 reserve policy in place, 3. TIng appropriate and lim¢ly financial advice. StAtemenl of publlc benefit The Objects of Wild Ground as stated in the Memorandum and Articles of Associalion are: to promote and assisl in the pr¢seryatioii and conservation of land in the areas of benefit (as defined below) whi¢h is of educational or scieniific interest to the general public. including land within which the wildlife is in need of protection and includin8 the improvement and rnainienance of public parks, and io educate the public in all mattcrs concerning wildlile and nature conservation. The oregs of b¢n¢fit are Wales and England. The trustees have tak¢rt note of the Charity Commission's guidance on 'public benefit, and Int that this report reflects that guidan¢e. Wild Ground discharges ils responsibility under'public b¢nefil' by working primarily in North Easi Wales to enga8¢, inspir¢ and enthuse IOCAI communilics 8Ctin8 together, to protect wildlife, and enhance hAbilais and ecokn systems s¢1 out in 'Objectives and Aclivi¢ies'.
OR THE YEAR ENI)ED.IIST REFERENCE AND ADMINISTRATIVE DETAIts Registered Company number 03889382 {England and Wales) Re8isler¢d Charlty number 1080838 Registtred offl¢¢ 34 Pl&$ P0r Road Tonyfron Wrexham LLII 3SZ Try$t¢¢i S V Moore Retir¢d M BIKJk¢r R¢tir¢d H E Wright Retired N F Reader R¢tired Ind¢p¢ndent ExAmlnrr Joanne Evans FCCA, ACA M. D. Coxey and Co. Limited Chartered Accountants 25 Gr05venor Road Wrexha LLII IBT Approved by order of the board of trustees on 20th November 2025 E4nd signed on its behalf by.. N F Reader- Ttwstee
NDEP NDENT EXAMfNER'S REP WIL RTT THE TRU Independellt examiner's report tD the trustees of Wild Cround (Itht Compavy,) I report to the charity trustees on my examination ofthe accounts of the Company for the year ended 31stMarch 2024. Responslbllltles gnd basis of report As the eharity's trustees of the Company (and also its dir¢¢lors for the purFN)ses of company law) you are responsible for the preparation of the accounts irt accordance with the requirements of the Companies Aci 2006 (the 2006 Act,). Having satisfied myself that the accounts of the Company are not required to be audiied under Part 16 of the 2006 Act And are eligible for independent examinAlion. I report in respe¢1 of my examination of your charity's accounts as carri¢d out under section 145 of the Charities Act 2011 ('the 2011 Act,). In catrying out my ¢xpJninalion I hav¢ followed the Directions givert by the Clydrity Commissiort under section 145{5) (b) of the 2011 ACL Indtpehdtnt exgmlfter's 8t)Itement Sincc your charity'5 gross in¢ome ¢xceeded £250.000 your ¢xaminer musl be a member of a lis*d body. I can confirni thai l Hm qualified io undertak¢ th¢ examlnalion becaus¢ I am a registered m¢mber ol. FCCA, ACA which is one ot. the li5t¢d bodi¢s. I have completed my examination. I confirm that no matters liave come my attentlon in Connection with Ihe examination giving me cause lo b¢li¢v¢: accounting records were not kept in respe¢l of the Company as required by Section 386 of the 2006 Ac¢ or the accounts do not COrd with thos¢ records. or the Rccounts do not comply with the accounting requAr¢menls of5ection 396 of the 2006 A¢t other than any requirement that th¢ accounts give a true and fair view which is not a matter considered part of an independ¢nl examination. or the a¢¢ounls have not been prepared in accordance with the mcihods and principles of the Stat¢m¢nl of Recommended Pr8clice for accouniing and reporting by charilies (applicable ¢0 charities prcparing their accounts in accordan¢¢ with the FInCIal Reporting Standard applicable in the UK and Republic of IrelAnd {FRS 102)). I have no ¢oftcern8 and have come across no other m8tters in connection with the examination to which attcnlion should be drawn in this report in order lo enable & proper understanding of the a¢UnIS to be reached. Joanne Evans FCCA, ACA M. D. Coxey and Co. Limited Chartered Accounlanl$ 25 Grosvcnor Road Wrexham LLII IBT Date: 20 NOveMr 2025 io
WILD GRO STATEMENT F FINANCIAL ACTIVITIES RATfN ANIN ND EXP REA FOR THE Y ARENDED31S MARCH 2025 rNCORP 31.3.25 Total f¥Jnds 31.3.24 Total funds Unr¢5trioted Re5triot¢d funds funds Notes INCOME AND ENDOWMENfs FROM Donations and legacies Other Trading Activities Investment Income 9,568 177,987 200,234 209.802 177,987 5.852 212,646 150,013 3.769 Total 193,407 200234 393,641 366,428 EXPENDITURE ON Ch4rit4bl¢ •¢livitiei Sal&ries and Wages OlC¢ Expen5e8 {Surplus)ILoss on Investment Revaluation 62.009 97.167 95.739 80.080 (2,892) 157.748 177,247 (2,892) 146.153 177.922 (9.963) Tot41 159,176 172.927 332,103 314,112 NET INCOME 34,231 27,307 61,538 52,316 RECONCILIATION OF FUNDS Total fundj brought forw4rd 227.050 911,559 1,138.609 1.086,293 TOTAL Fi)s CARRIED FORWARD 261281 938.866 1.200,147 1,138609 The Dotes fortnpartof ¢hesefiDaThci81 slalements 11
WILD GROUND BALANCE SHEET 31ST MARCH 2025 31.3.25 Tot fund5 3 1.3.24 Total funds Unrestricted Restri¢ted funds funds Notes FIXED ASSETS Tangible assets H¢rilag¢ assets io li 20,093 20.093 305.044 325.137 28,780 305,044 333,824 305 044 305,044 20,093 CURRE[ ASSETS D¢biors Investments Cash at bank and in hand 12 13 88,818 84.268 565,996 (14,743) 173,086 565,996 232.851 74,174 563,104 280,893 247.594 336,412 635,521 971.933 918,171 CREDITORS Amounls falling due within one year 14 (31,782) (1.699) (33,481) {20,889) NET CURRENT ASSETS 304.630 633.822 938 452 897.282 TOTAL ASSETS LESS CIIRRENT LIABILITIES 324,723 938.866 1.263,589 ,231,106 ACCRUALS AND DEFERRED INCOME15 (63.442) (63,442) (92,497) NET Assrrs 261.281 938 866 1200 147 1 138 6U9 FUNDS 16 Unrestricted funds Restri¢l¢d funds 261,281 938 866 227,050 911 $59 TOTAL Fuf4DS 1200 147 1 138 609 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for th¢ y¢ar end¢d 31si March 2025. The members have not required the Company to obtain an audil of its financial statements for the year ended 3 1st March 2025 in a¢rordance with Section 476 of th¢ Companies Act 2006. The truste¢s &¢knowledge their responsibilities for (A) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and (b) preparing fmancial statements which give a true and fair view of the state of affairs of the charitable company al the end of each fmanci#l year and of its surplus or deficit for eacli financial year in accordance with the requI[n¢nIs of Section5 394 and 395 and which oth¢rwi5c comply with th¢ rcquirEments of the Companies Act 2006 r¢latin8 to financial statements. so fpx as applicabl¢ tt> th¢ charitabl¢ company. These financial 5tat¢mcnts have been pr¢pand in accordance with the provisions applicable to charitsble companies subject to the small copanIC6 regime. Th¢not¢s forn PBrtof tht5efLnaAc481 statements 12
BALANCE HEET- conti RCFI 2 The financial statements were approved by the Board of Trustees and authorised for issuc on 20th November 2025 and were signed on its behalf by: N F Reader- Trustec The n(ths Fom partof th¢s¢fiDancid Etaiemen¢s 13
LD GROUND CASH FLOW TATEMENT roRTHEY. AR ENDED 31ST 31.3.25 31.324 Notes C$h flows from Dper4ting ¥ctlvi11¢8 Cash generated from operations 58.503 Net cosh pn)vided by opernling tivItieS 58.503 Cub flow$ from investing actfvltie Pur¢has¢ of18ngible fAx¢d a&8ets Purchase of heritage assets Sale of tongible fixed assets Purchase of oiher investyn¢nls Interest received (7,685) 5,852 3.769 Net cash (used inyprovided by investing tIvItieS Change in eAsh and eash equlv8lents In th¢ reporting p¢rlod Cash and cajh equivalents It the beginning of the reportlng perlod (48,040) 54,587 280 893 226 306 CAsh and cajh equlvlentJ •t the end ofthe Teportlng perlod 232 852 280 893 ThenrAe5 forni partof Ihesefjnanciai slatwll¢llts 14
WILD GROUND NOTES TO THE CA H FLOW STATF,ME RT14 YEAR ENDED 31SI" M H 2025 RECONCILIATION OF INCOME TO NET CASH FLOW FROM OPERATING AcfiviTIES 31.3.25 31.3.24 Net ineDme for the reportlng period (45 per the Statement of Financial Aetivltles) Adjustments for". D¢precialion charges Interest received Increasel(Decrea5e) in group credilOT Decr¢asel{increase) in Investhjents Decrease in stock8 De¢reasel(increase) in debiors (Decregse)lincrease in creditors 61.538 52,316 8,687 (5.852) (2.892) 9.074 (3.769) (1,617) (9,963) 198,911) 16.463 5,428 Nel eash provlded by operatlons (53.893) 58,503 ANALYSIS OF CHANGES IN NET FUNDS Ai 1.4.24 Cash flow Ai31.3.25 N¢¢ cgjh Cash at bank aT]d in hand 280 893 232 852 280 893 48.041 232 852 Llquld re80urces Deposits included in ¢p5h Current oss¢t inv¢stm¢Dts 363 104 565 996 563 104 565 996 Total 843 997 798 849 The notes fotTll PErt of ¢hcse fiuan¢i41 ststelne13 15
WILD NOTES T THE rtNANCIAL STA TEMENTS R TFIE YEAR ENDED 31 T MARCH 2 AccouTrrfING POLICIES Basls of preparing the Ilnnelal statements The finan¢iAI statements of the charitabl¢ Company? which is a public benefit entiry under FRS 102. have been prepared in a¢¢(Irdan¢e with the Cliarities SOIiP (FRS 102) 'Accounling #nd Reporting by ChoriLies'. StQlcment ofRe¢omtnended Pra¢iice applicable to chariti¢s preparing iheir accounts in accordancc with the Financial R¢porling Standard applicable in the UK and Republic ofIrcland (FRS 102) {effecliv¢ l January 2019),, Financial Reporting Standard 102 The Financial Reporting Stsndard appli¢&ble in the UK and Repvblic of Ireland, aDd lhe CompBnies Act 2006. The financial statements have been prcpared under the historical cost COnvtion. as modified by the rcv8luation of certain ass¢ts. The company's presentational currency is pound slerling. In¢om¢ All income is recogniscd in Ihc Sial¢m¢nt of Financial AoiivIIi¢5 oncc th¢ ¢liarity has entitlement to the lunds, it is probable that the incom¢ will b¢ received. and the amount can be m¢a5ur¢d r¢liobly. Expendlire Liabilities ar¢ r¢cognised as expenditure as soon as there is a legal or constnjctive obligation committin8 the Charity lo Ihal eXpendIre, it is probable that a transfer of economic benefits will be r¢quir¢d in settlem¢ni and the amount of the obligation can be In¢asur¢d r¢liobly. Expenditu is a¢counted for on an accruals basis has been classified under hetiding5 that a8grcgat¢ all Cost r¢lated to the cY4t¢gory. Where c05t5 cannoi be directly allributed to parliiular headings they h&v¢ been allo¢atcd to activities on a b&5iS COllSiStenl wilh the use of resources. Tanzlble flxtd isets Depr¢¢ialion is provided at the following annual rates in order to wrste off each assei over its estimated useful life. Plant and machinery Fixtures and fittin8S Motor vehicles Computer cquipment 20% on cost 330A on cost 20% on cost 20% on c05t HeritAge a55et$ Thc charity's accounting policy for its heritag¢ Assets is to value ai cosi where a site has been purchased or ai fair value for donated sites. Al present all 8ltes have been acquired through section 106 a8reements with local authorities. The harity h83 adopted the policy under FRS 102 section 18.19 10 tre81 th¢ initial valuation as deemed ¢osl. No deprcciAtion is provided in resp¢¢t of freehold land. S¢ocks Stocks are valued a( the lower of cost and n¢1 r¢alisable value. aft¢r making due allowan for obsolete and slow moving il¢ms. Investments Intere5t-bearing bank deposits are held at cash value. Longer term investments are stated al the relevant market valuation. The charity is exempt from corporation tsx on its charitable aotiviti¢s. Fund AccDunting UnreslrA¢l¢d funds can be used in ac¢ordan¢e with the Charitable objertives at th¢ discrelion of th¢ trust¢¢s. Restricted lund5 can only be ukd for particular restricted purposes within the objects of the oharity. Restrictions arise when specified by the donor or wh¢n funds ar¢ r8Ased for particular r¢stricted purposes. Further explanation of the nature and purpose of each nd is included in th¢ notes to the financial statements. Pension ¢0sts and other pogt-reilremeDt be¢fIts The rhariiable ¢ompany operates a def]ned conlribution pension scheme. Contributions payable to th¢ charitable Company's pension scheme are charged to the Statement of Financial Activities in the period to which they r¢late. 16
WILD TES TO T14E FfNANCIAL STATEMENTS- continu TH YEAR DE MA DONATIONS AND LEGACIES 31.3.25 31.3.24 Donations Grants Rent charge 3.079 200.234 4.488 24 208.471 209 802 212 545 Grants received. included in the above, oxe as follows; 31.3.25 31.3,24 WCVA Heritage Lollery Groundwork UK Cwp Chfirilable Tnjst Poslcode Community Trust Big Lottery D Oyly Carte Scollish Power Foundation 48.125 129,789 2.998 2.576 24,983 119,772 1.000 500 19917 4.000 200.234 2n8,471 INVESTMENT INCOKE 31.3.25 31.3.24 Deposit account interest CHARITABLE ACTIVITIES COSTS Direct Costs Support Costs (see note 5) Totsls Salaries and W8ges olee Expenses (SurplusyLoss on investment revaluation 157.748 174,319 157.748 177.247 2.928 329 175 332 103 SUPPORT COSTS Governance Costs Office Expenses NET INCOME1(ExPEPITURE} Net in¢ome/{expenditure) is statsd after chargingl{cr¢diting): 31.3.25 31.3.24 Depreciation- owned assets 17
NOTES TO THE FANCIAL STA TEMENTS- Continued FOR THE YE 31 24 TRUSTEES, REMUNERATION AND BEf4EFITS There weff no trnsttts, remulleration or other benefits for the year ended 31st March 2025 nor for the year ended 31st March 2024. Trustees expenJ¢8 There were no tru$tecs' expenses paid for the year ended 31st March 2025 nor for the year Mded 3 1st March 2024. STAFF COSTS 31.3.25 31.3.24 Wages and salaries So¢ial sccurity ¢osts Other pension costs 143.477 9.340 133.326 8.234 157.748 146.153 The average monthly number of employees during the yc8r was as follows.. 31.3.25 31.3.24 OtTice, management & operational No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted runds funds Total funds INCOME AND ENDOwmEs FROM Donations and le8aci¢s 154,187 208.472 362,659 Other trading activities Investment income Total 157.956 208,472 366.428 EXPENDITilliE ON CharltAblc Aetlvltles Salaries gnd Wag Office Expenses Loss on Invesbnent Revaluation 57.129 88.883 89,024 89.038 (9.963) 146.153 177,921 (9.963) Tot*1 146.012 168,099 314.111 NET INCOME 11.944 40,373 52.317 RECONCILIATION OF FUPIDS Total funds brought fonvard 215,106 871.186 .086.292 TOTAL FUNDS CARRIED FORIVARD ?27 050 911.559 1 138.609 18
LDG THE HNANCIAL STATEMENT DE 31STM H20 continued 10. TANGIBLE FIXED ASSETS Fixtures & otyice equipment Improvements to Property Plsnt gnd M8chin¢ry Motor vehiclcs Computer Equipment Totsls COST OR VALUATION At 1st April 2024 Addiliorts Disposal Revaluations 10,459 63.203 11,232 39.307 17.062 141.263 At 318¢ March 2025 10,459 63,203 11,232 39,307 17,062 141,263 DEPRECIATION At ISI April 2024 Charge for yeBr 5.936 1,046 59,707 874 11,232 18,908 6.606 16.700 161 112.483 8,687 At31siMar¢ 2025 6.982 60,581 11.232 25,514 16.861 121.170 NET BOOK VALUE At 3 1st March 2025 3.477 2.622 13.793 201 20.093 At31rtMarch 2024 4,523 3.496 20,399 362 28.780 I I. HERITAGE ASSETS Tolal MARKET VALUE At Isl April 2023 and 3 IIL March 2025 305 044 Y4ET BOOK VALUE At 31st March 2025 305.044 At 31si March 2024 305 044 The directors have valued the Heritage Asset3 having sought advice, 19
NOTES TO TFIE FtNANCIAL SI'ATEMENTS- conti ISTM 12. DEBTORS: AMOiINTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Trade debtors Amounts 0d by group undertakings A¢¢rnal ineome Prepayments 100,330 43,320 29,223 213 13,843 43.320 16,780 231 173,086 13. CURRENT ASSET INVESTMENTS 31.3.24 31.3.25 Other 565.996 563 104 14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Trnde creditors Amounts owed to group undertakings VAT Accrued ¢xpens¢s 6.278 24.050 3,153 334 12.687 4.830 15. ACCRUALS AND DEFERRED INCOME 31.3.25 31.3.24 Accru&ls and deferred income 16. MOVEMENT IN FUNDS Nel movement in funds Al 31.3.25 At 1.4.24 Unrestricled fund Group Fund 227,050 34,232 261,282 Rulrlcted R¢strict¢d Fund 911,559 27,307 938.866 TOTAL FUNDS 1 138609 1200 148 Net movement in funds, included in the above are as follows.. Incoming resources Resources expended Mov¢menl in funds Unrestrieted funds Group Fund 193,407 159.175 34.232 Restricted fvnds Restricted Fund 200.234 172.927 27,307 TOTAL FUNDS 393 640 332 102 20
wtLD GROUND NOTES TO THE FINANCIAL STATEMENT R TH YEAR EN AR H 2025 cofttinued 16. MOVEMEiYf IN FUNDS- ContIned Compar4tlves for movement in funds Net mov¢ment in funds At 31.3.24 At 1.4.23 UthYestrl¢l¢d fundb Group Fund 215,107 11.943 227,050 Restricled funds Restricted Fund 871.186 911.559 TOTAL FUIWS .086.293 1.138.609 Comparative net movement in funds, included in the above A as follows: Incoming resources Resources expend¢d Movement in funds Unrestrlcted (undi Group Fund 157,956 146,013 11.943 Restrlcted fvnds Restricted Fund 208,472 168,099 40.373 TOTAL FUNDS 366,428 314 112 A current year 12 month5 and prior year 12 months combined position is follows: Nei movement in funds At 31.3.25 Ai 1.4.23 Unrestrl¢ted funds Group Fund 215,107 46,173 261,280 Res¢rl¢t¢d funds R¢stri¢ted Fund 871.186 67.920 939,106 TOTAL FUNDS 1086 293 114093 1200 386 A current year 12 months 8nd prior year 12 months combined net movement in fund included in the above are Ls follows.. Incoming resources Resources expended Movement in funds Unre$¢rl¢ted Group Fund 351,362 305.189 46.173 Restrlcted fundx Restricted Fund 408.706 340.786 67.920 TOTAL FUTr4DS 760.068 645 975 21
UDr¢strieted Reserves Group fimd is an unr¢strict¢d re8¢rye which represenis the surplus amounts CWTied fotward lo tre periods for general snding on site m)iDtrnance and other costs d¢terniined by the Board of Trustees. The receipt of fimding bas not been contingent on the reurCeS belng expended for any PUryM)se other than that detemitied by the Board of Trnstees. 22
WILD GROUND NOTES TO THE FtNANCIAL STA TEMENTS - contin AR NDED31 25 17. ULTIMATE PARENT COMPANY The company is undcr thc control of GriTrundwork North Wales. thc par¢nt ¢harity. Groundwork North W&le5 is a Tegisiered charity, number 1004132. Its Company Registration Number is 02614714. The charity has the following aims and objectives.. To promote the conseryation. protection and improvement of thc physical and natural environment including that which is of educational or scienlific interest to the general publi¢ or within which the wildlife is in need of protection and including the improvement llnd maintcnan¢¢ of public parks. To advance public education in environm¢ntal matters and in all matters con¢erning wildlife nathre conservation. in the ways of better conservin& protectin89 and improving the same wheresoevcr. To conserve and protect the physical and notur81 environment by promotion of su5t&inabl¢ wasie management practices in accordance with the besi pra¢(icable environmental option. The promotion for Ihc bcncfil of the public of urban or rural regeneration of Areas in social or economic deprivation, by relicving povcrry or finan¢ial hardship Ihrougli improving Ilie employability of dis&dvAniaged individuals through the provision of work placement. afford&ble childcare, training and volunteering oppotbjnities, the provision of quality affordable fumilure and household good& ihe provision of items such as food and energy effici¢n¢y meLqur¢s and energy efficicncy advi¢e. To provide fucilities for recreation and other leisure-iime occupation in the interests of social w¢lf8r¢ with the objert of improving the ¢ondilions of life for the persons for whom they are intended. To advance ¢ulNral well-being through people's engagement with the arts and the nation's built and natural h¢rilag¢. Groundwork North Wales has the me regis(ered oific¢ as Wild Ground. 18. CAPITAL COMMITMENTS 31.3.25 31.3.24 Contracted but not provided for in the financial Sialements 19. RELATED PARTY DISCLOSURES During ihe year, (he charity purchased services And delivery and overhead recharg¢5 from lh¢ parent charity amounling to £258.378 (2024,. £239,814) and sold services And overhead re¢harge5 to the parenl chariry amounting to £150 (2024: £11.724). During the year, the charity purchased services and delivery and overhead re¢hAr8es from the Refurbs Flintshir¢ ¢harity amounting to £nil (2024: £18.98) and sold services and overhead recharges to the Refurbs Flinlshir¢ Charity amounting to £2.700 (2024: £7,969). 20. LEGAL STATUS OF THE CHARITY The charity is a company limit¢d by guarantee and has no share capital. Every mmber promises, if the charity is di&8olved while they remain a member or within 12 months of their resignation as & member, to pay up to £1 towards the cost of dissolution and the liabilities incurred by the charity. 23