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2022-03-31-accounts

Annual Report and Accounts

2021-22

Deepblue Accountants Ltd Unit 112 91 Mayflower Street Plymouth Devon PL1 1SB

Moor Trees The Annual Report

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 March 2022.

REFERENCE AND ADMINISTRATIVE DETAILS

Company No. 03716434

Charity No. 1081142

Registered Office

The Old School Centre Totnes Road South Brent Devon TQ10 9BP

Directors and Trustees

The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:

J.R. Allen J. Broom J. Cotter J.D. Covey (Resigned 26 September 2021) P.N. Donahue T. Ferry R. Morley T. Murphy A.J.M. Owen G.P. Sharp N. Wisbey

Company Secretary

N. Wisbey

Accountants

Deepblue Accountants Ltd Unit 112 91 Mayflower Street Plymouth Devon PL1 1SB

Page 2

1 REVIEW OF YEAR TO 31 MARCH 2022

The Moor Trees team of 2021/22

1.1 Tree nurseries

2021/22 was an incredible year for Moor Trees. It was a stark contrast to the effects of covid in 2020/21, with a hive of activity, staff, trainees and volunteers making siginificant changes to the infrastructure and growing capabilities of Moor Trees.

Much of this was a result of a successful partner application to the Green Recovery Challenge Fund. We were originally awarded £478,000 as part of out £1.8million ‘Close the Gap’ partnership bid. Our partners were the Tree Council, People’s Trust for Endangered Species, Farming and Wildlife Advisory Group and the University of Reading.

The project was multifaceted and the Moor Trees aspect was 3 fold:

Infrastructure

To improve the infrastructure of Moor Trees tree nurseries at Dartington and Broadley to enable the charity to grow 50,000 tree per annum by the end of 2022/23. This included a new timber barn, compost toilets, polytunnels, solar PV, irrigation, handwash and watering facilities, and raised structures for growing trees in root trainers

The new barn at Dartington

IBC rainwater harvesting at Dartington

Polytunnel and handwash at Dartington

Inside the new compost loo!

Staff

To recruit for 12 months and train 10 trainees to RHS Level 2 Principles of Horticulture

To recruit 2x Tree Nursery Officers on 12month contracts

To enable current part time staff to be employed full time

Learning

Publish a guide covering all aspects of growing native trees from seed collection to planting out, and include tree nursery design and woodland/hedgerow design. Create an online expanded version of the guide

Create a tool box set of ‘How to…’ video guides to accompany the guide

Send out 400 ‘Copse in a Box’s to applicants, which is a box containing 400 root trainers and 2x copies of the guide to encourage individuals and groups to start growng trees for their communities

The Tree Grower’s Guide. 104 full coloured pages of guidance on growing trees including identification and strategies for 54 tree species.

Dartington Tree Nursery, used in the digital guide, as an exemplar of a community tree nursery

Our trainees packing 160,000 root trainers into 400 boxes to be sent out across England to schools, community groups and individuals

To deliver the project was very challenging, particularly as the after effects of covid, Brexit and even a ship stuck in the Suez canal seemed to mean contractors and materials were virtually impossible to source as well as increasingly expensive. At one point we nearly transported bags of cement from Durham as that was the most local and reasonably priced source of cement we could find!

However, the new Tree nursery officers, trainees and seasonal staff soon settled into their roles and we saw a great improvement in tree growth and health. Volunteers were returning to Moor Trees and new one’s joining us following the long lockdowns and limits we had placed on volunteering for the previous 12 months. In August Annie Talbot moved on to new ventures and in October Bryony James joined us as our ‘Volunteer and Outreach Offcier’, quickly getting to grips with the winter tree planting and helping improve our marketing and fundraising capabilities.

As a result of these efforts we were able to plant and supply over 12,000 trees planting 1/3 of these with our volunteers creating 4.5ha of new broadleaved woodland in Devon. Those trees supplied were planted by the landowners and other charities to create a further 6ha of woodland and over 1/2 km of hedgerows.

Again, Moor Trees was successfully audited for the Woodland Trust ‘UK and Ireland Sourced and Grown Assurance Scheme’ (UKISG) for tree seed and tree nursery stock. This scheme gives confidence to those buying our trees and assures them that the way we manage our nurseries is in accordance with the regulations on handling plant materials. It also gives us much reassurance that we’re doing things right!

With the GRCF works continuing a pace through the winter and well into the spring the tree nurseries never seemed to have a moments peace, but it is now evident that both tree nurseries are very well equipped, with excellent welfare facilities for staff and volunteers, that will ensure we can continue to grow and plant many more trees in the coming years.

1.2 Woodlands and Biodiversity projects

Our ‘Trees for Woods’ scheme continued into its second year with financial support from the Woodland Trust and continued to prove a popular choice for landowenrs with small woodland creation projects.

The Trees for Woods provides an oppportunity for those owners with small parcels of land to receive subsidies for woodland and hedgerow planting that would not otherwise be provided through the usual agri-environment grant schemes.

The decision at the end of 200/21 to only make available for tree planting and tree sales those trees greater than 20cm in height and a 4mm root collar (which is the mimimum size in accordance with the British Standard for Tree Nurseries (BS 3936-4 (2007) Nursery stock Part 4)) has resulted in our trees being much stronger and more robust. It has meant we have not been able to get as many trees to this size in the 12 months but in the coming years we will be increasing our stock and so availability should be good moving forward.

We were very grateful to Patrick Simpson, who owns the Spitchwick Commmons, as he asked Moor Trees to plant some trees directly onto the common. For the first time in Moor Trees history we planted directly onto common land, at Sherberton.

Supported by Patrick and his tenants we planted 150 trees of 5 species; birch, blackthorn, crab apple, hawthorn and rowan. These were guarded by standard tree guards and surrounded by gorse, in an attempt to ward of nosey and peckish ponies and cattle. We will contiue to monitor the establishment of these trees, and hope we will be able to plant more in the future.

Protecting the trees on Sherberton Common with tree shelters and gorse

A merry band of tree planters after a happy day of planting on Sherberton Common

Woodland surveys continued and we are seeing continued succession within woodlands we have planted, with an abundance of diversity. Unfortunately ash dieback is having a significant impact on some of our earlier plantings and it remains to be seen whether landowners feel the need to ‘gap up’ their woodland in the future, or simply allow natural regeneration to occur.

1.3 Volunteering

Moor Trees is a volunteering organisation. We depend on our volunteers. We are always indebted to those who come along either occasionally or every week for tree planting, collecting seed or tending to our seeds and saplings in the nurseries.

This year saw volunteers commit 4375 hours of their time across our regular volunteer days, Tuesdays (Broadley), Wednesdays (Dartington) and Sundays (anywhere and everywhere!). This was an increase of 600 hours on the previous year and equivalent to having an additional 2.25 FTE staff.

Volunteers really are crucial to Moor Trees and we are exceptionally grateful to you all. Thank you!

1.4 Advocacy and PR

Our Spring newsletter continued to be produced by lead editor, Naomi Wisbey, and sub editor, Tim Ferry, with contributions from the staff and volunteers. In Autumn Naomi stepped back and Amanda Daniel became lead editor for future editions. We worked with a designer and publisher Becci Sharp to re-design the bi-annual newsletter and we hope you’ve found it informative and inspiring. It is circulated to press outlets and a range of contacts and stakeholders.

Our Vision was reworked by a working party of trustees and special thanks to Dr Tom Murphy, Tim Ferry, Richard Morley and Nick Donahue for their revisions. The

updated Vision was published and has been received warmly, even being used in other publications and a book soon to be published.

New Vision for Dartmoor | Moor Trees - read it on our website

We are a group lead in the Community Tree Nursery Collaborative, a body representing community tree nurseries around the UK. We engage in workshops and webinars every few months, sharing knowledge and ideas. Moor Trees has also been helping Devon Wildlife Trust with tree nursery design, and Cornwall Council and Norfolk County Council with bio-security guidance through the DEFRA Shared Outcomes programme.

Our work with the University of Plymouth continued with each cohort in the biological sciences departments; giving lectures and guiding site visits. Press releases, social media accounts, the updated website and blog pages were well received and were crucial in raising awareness of Moor Trees and fundraising.

1.5 Fundraising

The year was dominated by the Green Recovery Challenge Fund grant and fulfilling the requirements of that project. However, there remained a focus on business as usual and this resulted in income generation of £142,542.00, separate to the GRCF grant. This represents a greater income to the charity than any previous year of operation.

Many of these other funds were unrestricted meaning those monies could be spent on any of the activities which the charity undertook.

1.6 Human Resources

See following page:

April 2D21- August 2021

October 2021- April 2022 li_

Our Trustee and volunteer staff comprised:

2 TREASURER’S REPORT 2021/22

Each year is different, reflecting the variable costs and timings of the woodland planting and grant income for our development projects, often spanning different financial years. We brought forward £49,044 into the 2021-22 financial year.

2.1 Income

We successfully generated sufficient income to support our work this year, £611,436, mainly from grants, but also £81,138 from our other income streams.

Donations

We were very pleased to receive donations during the year through PayPal Giving, Just Giving, Crowdfunder, Neighbourly and other funding platforms such as Give as you live and Fit4Change. These platforms donate monies to a charity of your choice as you purchase goods online, hence we continue to promote payments to the charity through PayPal. Individual monthly donations have also increased and we are always grateful to those members who renew each year, and those who also add a donation to their annual subscription.

Grants

We continue to be very grateful to all our grant funders for enabling us to continue our work. This year we received grants from:

Woodland Trust £53, 404.00
Green Recovery Challenge Fund £468,894.00
Devon Community Grant £2,000.00
Leslie Smith Foundation Grant £6,000.00

Carbon Offset

We are very thankful for regular contributions from carbon partners Doyle & Whitley, Treewise, Red Earth, Goulden and Sons and Meritex International Freight Services. Additionally, single donations were received from GPUK, Bandvulc Tyres, Samantha Crang, Penguin Learning, James Neill, Geoffrey Peerless, Millie Green, Abigail Reay Design, Angela Hull Surface Pattern Designer, David Tyrrell and Christ the Redeemer Barnwell.

Corporate Sponsors

Corporate sponsorship has increased this year and we are very thankful to our Sponsors tier sponsors (£1,000) Vu Online, Exact Structures, WM Guitars and Kobocrete Limited, and our Friend tier sponsors (£5,000) NOVUS & The Guinness Partnership. A regular contributor is Christopher's South Hams estate agents who also contribute for each property sold.

Tree Dedications and Membership

Tree dedications continue to be a great source of income and we are very happy to be able to offer this service. Our thanks to Amanda Daniel, our Tree dedications and Membership Officer, administering this scheme and working with designers to improve the quality of our certificates.

2.2 Expenditure

Wages

We continue to keep our wages bill as low as possible without affecting our work.

Purchases

We continue to purchase materials to significantly increase tree production at both tree nurseries.

Travel, Office, Publicity

These costs are kept to a minimum, but the higher costs remain in the provision of our general insurance and the running of the minibus. Our accounts are now on Xero, a software programme and monitored by Plymouth Bookkeeping.

A special thanks to David Moore who was our bookkeeper for many years and who stepped back at the beginning of the year. We thank him very much for his time and expertise.

2.3 Reserves

We have notionally set aside reserve funds (£25,783) for nursery improvement projects and redundancy.

Moor Trees

The Annual Report

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).

Signed on behalf of the board

J. Cotter

Trustee

25 September 2022

Page 13

Moor Trees Independent Examiners Report

Independent Examiner's Report to the trustees of Moor Trees

I report to the charity trustees on my examination of the financial statements of Moor Trees for the year ended 31 March 2022 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet, the Statement of Cash Flows and the related notes.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act.

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's financial statements as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

As the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of Association of Chartered Certified Accountants.

I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Sarah Glenister FCCA Association of Chartered Certified Accountants Deepblue Accountants Ltd Unit 112 91 Mayflower Street Plymouth Devon PL1 1SB 25 September 2022

Page 14

Moor Trees

Statement of Financial Activities

for the year ended 31 March 2022

Unrestricted Restricted
funds funds Total funds Total funds
2022 2022 2022 2021
Notes £ £ £ £
Income and endowments
from:
Charitable activities 4 49,326 480,972 530,298 39,250
Other 5 81,138 - 81,138 58,293
Total 130,464 480,972 611,436 97,543
Expenditure on:
Charitable activities 6 43,980 170,372 214,352 41,395
Other 7 108,253 272,739 380,992 87,399
Total 152,233 443,111 595,344 128,794
Net gains on investments - - - -
Net income/(expenditure) 8 (21,769) 37,861 16,092 (31,251)
Transfers between funds - - - -
Net income/(expenditure)
before other gains/(losses)		 (21,769) 37,861 16,092 (31,251)
Other gains and losses
Net movement in funds (21,769) 37,861 16,092 (31,251)
Reconciliation of funds:
Total funds brought forward (20,503) 69,547 49,044 80,294
Total funds carried forward (42,272) 107,408 65,136 49,043

Page 15

Moor Trees Summary Income and Expenditure Account

for the year ended 31 March 2022

2022 2021
£ £
Income 611,436 97,545
Gross income for the year 611,436 97,545
Expenditure 593,698 128,523
Depreciation and charges for
impairment of fixed assets 1,646 271
Total expenditure for the year 595,344 128,794
Net income/(expenditure) before tax
for the year 16,092 (31,249)
Net income /(expenditure )for the year 16,092 (31,249)

Page 16

Moor Trees

Balance Sheet

at 31 March 2022

Company No. 03716434 Notes 2022 2021
£ £
Fixed assets
Tangible assets 10 4,830 6,194
4,830 6,194
Current assets
Stocks 11 5,975 3,784
Debtors 12 1,069 11,901
Cash at bank and in hand 115,621 29,560
122,665 45,245
Creditors:Amount falling due within one year 13 (62,359) (2,395)
Net current assets 60,306 42,850
Total assets less current liabilities 65,136 49,044
Net assets excluding pension asset or liability 65,136 49,044
Total net assets 65,136 49,044
The funds of the charity
Restricted funds 14
Restricted income funds 107,408 69,547
107,408 69,547
Unrestricted funds 14
General funds (56,849) (31,098)
Designated funds 14,578 10,595
(42,272) (20,503)
Reserves 14
Total funds 65,136 49,044

These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

For the year ended 31 March 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Approved by the board on 25 September 2022

And signed on its behalf by:

J. Cotter Trustee

25 September 2022

Page 17

Moor Trees Notes to the Accounts

for the year ended 31 March 2022

Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Income

Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income. Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material. Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

Page 18

Moor Trees Notes to the Accounts

Expenditure

Taxation

The charity is exempt from corporation tax on its charitable activities.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Nursery/ Planting equipment 25% reducing balance Motor vehicle 33% reducing balance Office equipment 25% reducing balance

Freehold investment property

Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.

Stocks

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Page 19

Moor Trees

Notes to the Accounts

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.

All exchange differences are are taken into account in arriving at net income/expenditure.

Leased assets

Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs. Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

Page 20

Moor Trees Notes to the Accounts

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

2 Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each member gives a guarantee to contribute a sum not exceeding £1.00, to the company should it be wound up. As at 31 March 2022 therefore were 11 members.

3 Statement of Financial Activities - prior year

3
Statement of Financial Activities - prior year
Unrestricted Restricted
funds funds Total funds
2021 2021 2021
£ £ £
Income and endowments from:
Charitable activities 5,250 34,000 39,250
Other 58,295 - 58,295
Total 63,545 34,000 97,545
Expenditure on:
Charitable activities 31,395 10,000 41,395
Other 87,399 - 87,399
Total 118,794 10,000 128,794
Net income (55,249) 24,000 (31,249)
Net income before other
gains/(losses)		 (55,249) 24,000 (31,249)
Other gains and losses:
Net movement in funds (55,249) 24,000 (31,249)
Reconciliation of funds:
Total funds brought forward 34,746 45,547 80,293
Total funds carried forward (20,503) 69,547 49,044

Page 21

Moor Trees

Notes to the Accounts

4 Income from charitable activities

Woodland Trust
Postcode Local Trust
The Norman Family NFCT
Grant
D'Oyle Carte Charitable Trust
South Hams DC
DNPA Grant
GRCF Grant
Devon Community Grant
Leslie Smith Foundation
Grant
5
Other income
Other
Membership Fees & Gift Aid
Tree Dedication
Donations
Carbon Offset
Interest
Planting a Woodland
Professional Fees
6
Expenditure on charitable activities
Expenditure on charitable
activities
Consumable Materials
Tools and Equipment
Hire of Equipment
Subcontractors
Governance costs		 Unrestricted
£
43,326
-
-
-
-
-
-
-
6,000
49,326
Unrestricted
£
15,420
17,747
95
10,718
43,980		 Restricted
£
10,078
-
-
-
-
-
468,894
2,000
-
480,972
Unrestricted
£
193
8,968
5,071
50,152
4,545
7
12,104
100
81,138
Restricted
£
73,675
11,574
-
85,123
170,372		 Total
2022
£
53,404
-
-
-
-
-
468,894
2,000
6,000
530,298
Total
2022
£
193
8,968
5,071
50,152
4,545
7
12,104
100
81,138		 Total
2021
£
10,000
20,000
1,000
3,000
5,000
250
-
-
-
39,250
Total
2021
£
6,903
3,562
2,845
18,270
2,026
98
22,539
2,050
58,293
Total
2022
£
89,095
29,321
95
95,841
214,352		 Total
2021
£
5,742
27,099
28
8,526
41,395

Page 22

Moor Trees

Notes to the Accounts

7 Other expenditure

7 Other expenditure
Unrestricted Restricted Total Total
2022 2021
£ £ £ £
Employee costs 66,874 269,556 336,430 69,845
Motor and travel costs 8,954 1,645 10,599 5,015
Premises costs 1,411 310 1,721 2,001
Amortisation, depreciation,
impairment, profit/loss on 1,646 - 1,646 271
disposal of fixed assets
General administrative costs 19,718 606 20,324 8,110
Legal and professional costs 9,649 623 10,272 2,157
108,253 272,739 380,992 87,399
8 Net income/(expenditure) before transfers
2022 2021
This is stated after charging: £ £
Depreciation of owned fixed assets 1,646 271
9 Staff costs
2022 2021
Salaries and wages 295,280 42,008
Social security costs 19,637 3,737
Pension costs 3,681 751
Staff recruitment 304 562
Staff training 10,283 -
Staff protective clothing 3,921 -
Temporary staff 3,324 22,787
336,430 69,845
No employee received emoluments in excess of £60,000.
The average monthly number of full time equivalent employees during the year was as follows:
2022 2021
Number Number
Permanent employees 4 4
4 4

Page 23

Moor Trees

Notes to the Accounts

10 Tangible fixed assets

10 Tangible fixed assets
Nursery/ Motor Office
Planting
equipment		 vehicle equipment Total
£ £ £ £
Cost or revaluation
At 1 April 2021 14,223 18,968 3,674 36,865
Additions 149 - 133 282
At 31 March 2022 14,372 18,968 3,807 37,147
Depreciation and
impairment
At 1 April 2021 8,414 18,635 3,622 30,671
Depreciation charge for the 1,489 111 46 1,646
year
At 31 March 2022 9,903 18,746 3,668 32,317
Net book values
At 31 March 2022 4,469 222 139 4,830
At 31 March 2021 5,809 333 52 6,194
11 Stocks
2022 2021
£ £
Finished goods 5,975 3,784
5,975 3,784
Carrying value analysed by activities 2022 2021
£ £
Trees, stakes etc 5,975 3,784
5,975 3,784
12 Debtors
2022 2021
£ £
Trade debtors 854 8,541
Other debtors 49 2,695
Prepayments and accrued income 166 665
1,069 11,901
13 Creditors:
amounts falling due within one year
2022 2021
£ £
Trade creditors 4,869 540
Other taxes and social security 4,047 -
Other creditors 2,179 1,132
Accruals 51,264 723
62,359 2,395

Page 24

Moor Trees

Notes to the Accounts

14 Movement in funds

14 Movement in funds
Incoming
resources At 31
At 1 April (including
other		 Resources
expended		 March
2022
2021 gains/losses)
£ £ £
Restricted funds:
Restricted income funds:
Woodland Trust 39,960 10,078 - 50,038
Finnis Scott Foundation 5,000 - - 5,000
The D'Oyle Carte Trust 3,000 - - 3,000
The Norman Family Trust 1,000 - - 1,000
Postcode Local Trust 20,000 - - 20,000
Garfield Weston Foundation 587 - - 587
Devon Community
Foundation - 2,000 - 2,000
GRCF - 468,894 (443,111) 25,783
Total 69,547 480,972 (443,111) 107,408
Unrestricted funds:
General funds (31,098) 124,464 (150,215) (56,849)
Designated funds:
Legacy 10,595 - - 10,595
Leslie Smith Foundation - 6,000 (1,000) 5,000
Mr & Mrs Darlington Trust - - (1,018) (1,018)
Total 10,595 6,000 (2,018) 14,578
Total funds 49,044 611,436 (595,344) 65,136

Purposes and restrictions in relation to the funds: Restricted funds: Woodland Trust Finnis Scott Foundation The D'Oyle Carte Trust The Norman Family Trust Postcode Local Trust Garfield Weston Foundation Devon Community Foundation GRCF Designated funds: Legacy Leslie Smith Foundation

Page 25

Moor Trees

Notes to the Accounts

Mr & Mrs Darlington Trust

15 Analysis of net assets between funds

15 Analysis of net assets between funds
Unrestricted Restricted Total
funds funds
£ £ £
Fixed assets 669 4,161 4,830
Net current assets 60,306 - 60,306
60,975 4,161 65,136
16 Reconciliation of net debt
At 31
At 1 April March
2021 Cash flows 2022
£ £ £
Cash and cash equivalents 29,560 86,061 115,621
29,560 86,061 115,621
Net debt 29,560 86,061 115,621
17 Commitments
Operating lease commitments
Annual commitments under non-cancellable operating leases are as follows:
2022 2022 2021 2021
Land and Land and
Other Other
buildings buildings
£ £ £ £
Operating leases with expiry date:
Pension commitments
2022 2021
£ £
The pension cost charge to the company
amounted to: 3,681 751

18 Related party disclosures Controlling party

There is no controlling party.

Page 26

Moor Trees Statement of Cash flows

for the year ended 31 March 2022

2022 2021
£ £
Cash flows from operating activities
Net income/(expenditure) per Statement of Financial Activities 16,092 (31,249)
Adjustments for:
Depreciation of property, plant and equipment 1,646 271
Dividends, interest and rents from investments (81,138) (58,295)
Other gains/losses - -
(Increase)/Decrease in stocks (2,191) 2,879
Decrease/(Increase) in trade and other receivables 10,832 (8,541)
Increase in trade and other payables 59,964 649
Net cash provided by/(used in) operating activities 5,205 (94,286)
Cash flows from investing activities
Payments for property, plant and equipment (282) (5,548)
Dividends, interest and rents from investments 81,138 58,295
Net cash from investing activities 80,856 52,747
Net cash from financing activities - -
Net increase/(decrease) in cash and cash equivalents 86,061 (41,539)
Cash and cash equivalents at the beginning of the year 29,560 71,099
Cash and cash equivalents at the end of the year 115,621 29,560
Components of cash and cash equivalents
Cash and bank balances 115,621 29,560
115,621 29,560

Page 27

Moor Trees

Detailed Statement of Financial Activities

for the year ended 31 March 2022

Unrestricted Restricted
funds funds Total funds Total funds
2022 2022 2022 2021
£ £ £ £
Income and endowments from:
Charitable activities
Woodland Trust 43,326 10,078 53,404 10,000
Postcode Local Trust - - - 20,000
The Norman Family NFCT Grant - - - 1,000
D'Oyle Carte Charitable Trust - - - 3,000
South Hams DC - - - 5,000
DNPA Grant - - - 250
GRCF Grant - 468,894 468,894 -
Devon Community Grant - 2,000 2,000 -
Leslie Smith Foundation Grant 6,000 - 6,000 -
49,326 480,972 530,298 39,250
Other
Other 193 - 193 6,903
Membership Fees & Gift Aid 8,968 - 8,968 3,562
Tree Dedication 5,071 - 5,071 2,845
Donations 50,152 - 50,152 18,270
Carbon Offset 4,545 - 4,545 2,026
Interest 7 - 7 98
Planting a Woodland 12,104 - 12,104 22,539
Professional Fees 100 - 100 2,050
81,138 - 81,138 58,293
Total income and endowments 130,464 480,972 611,436 97,543
Expenditure on:
Charitable activities
Consumable Materials 15,420 73,675 89,095 5,742
Tools and Equipment 17,747 11,574 29,321 27,099
Hire of Equipment 95 - 95 28
Subcontractors 10,718 85,123 95,841 8,526
43,980 170,372 214,352 41,395
Total of expenditure on charitable
activities		 43,980 170,372 214,352 41,395
Employee costs
Salaries/wages 34,221 261,059 295,280 42,008
Employer's NIC 19,637 - 19,637 3,737
Pension costs 3,681 - 3,681 751
Staff recruitment 304 - 304 562
Staff training 1,835 8,448 10,283 -
Staff protective clothing 3,873 48 3,921 -
Temporary staff 3,324 - 3,324 22,787

Page 28

Moor Trees

Detailed Statement of Financial Activities

66,874 269,556 336,430 69,845
Motor and travel costs
Vehicles - General costs 1,833 - 1,833 4,395
Vehicles - Fuel 4,187 - 4,187 -
Travel and telephone 2,934 1,645 4,579 620
8,954 1,645 10,599 5,015
Premises costs
Rent 1,275 310 1,585 1,746
Rates 136 - 136 255
1,411 310 1,721 2,001
General administrative costs,
including depreciation and
amortisation
Depreciation of Nursery/
Planting equipment		 1,489 - 1,489 87
Depreciation of Motor vehicle 111 - 111 167
Depreciation of Office 46 - 46 17
equipment
Bank charges 258 - 258 131
General insurances 1,606 - 1,606 1,074
Advertising and promotion 12,400 500 12,900 2,766
Donations made - - - 291
Software, IT support and related
costs		 3,104 - 3,104 2,210
Printing, postage and stationery 1,250 106 1,356 1,276
Memberships and subscriptions - - - 195
fees
Consumables and refreshments 1,100 - 1,100 167
21,364 606 21,970 8,381
Legal and professional costs
Accountancy and bookkeeping 2,494 - 2,494 850
Consultancy fees 640 - 640 558
Other legal and professional
costs		 6,515 623 7,138 749
9,649 623 10,272 2,157
Total of expenditure of other costs 108,253 272,739 380,992 87,399
Total expenditure 152,233 443,111 595,344 128,794
Net gains on investments - - - -
Net income/(expenditure) (21,769) 37,861 16,092 (31,251)
Net income/(expenditure) before
other gains/(losses)		 (21,769) 37,861 16,092 (31,251)
Other Gains - - - -
Net movement in funds (21,769) 37,861 16,092 (31,251)

Page 29

Moor Trees Detailed Statement of Financial Activities

Reconciliation of funds:
Total funds brought forward (20,503) 69,547 49,044 80,294
Total funds carried forward (42,272) 107,408 65,136 49,043

Page 30