or trees
creating native woodland
Annual Report and Accounts
2023-24
Deepblue Accountants Ltd
Unit 112
91 Mayflower Street
Plymouth
Devon
PLI ISB

Moor Trees
Contents
Pages
2tolO
Trustees, Annual Report
Independent Examine￿5 Report
Statement of Flnanclal Actlvitles
li
12
Summary Income and Expenditure Account
Balance Sheet
13
14
Notes to the Accounts
15to25
Detalled Statement of Financlal Activitles
26to28

Moor Trees
Trustees Annual Report
The trustee5, who are also directors of the charity for the purposes of the Companies Act 2006,
present their report wlth the unaudlted flnanclal statements of the charity for the year ended 31
March 2024.
REFERENCE AND ADMINISTRATIVE DEfAILS
Company No. 03716434
Charlty No. 1081142
Registered Office
The Old School Centre
Totnes Road
South Brent
Devon
TQIO 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:
H.M. Aldis
J.R. Allen
T. Ferry
J.P. Green
J. Isaac
T. Murphy
G.P. Sharp
S.P. Smith
(Resigned 24 September 2023)
Company Secretary
J.R. Allen
Accountants
Deepblue Accountants Ltd
Unit 112
91 Mayfiower Street
Plymouth
Devon
PLI ISB
Page 2

Annual Report and Accounts 2023-24
TRUSTEES, REPORT IINCLUDING DIRECTOR'S REPORT)
For the year ended 31 MARCH 2024
The trustees present thelr annual report and financial statements for the year ended 31 March 2024.
Objectives and artlvltles
The objects of the Charity are to promote the following purposes:
The presep4ation and conservation for the public benefit of the environment, and in
particular Dartmoorfs wild natural forests;
The advancement of education amon8St the public concerning natural history, conseniation
and the environment, and in particular the role of the woodland restoration in the
stabilisation and regeneration of ecosystems.
The trustees are satisfied that the chariV5 actNities as perfomied in 2023-24 have been for the
public benefit.
Artlvitles. achlevements and performance
Health Woodland Creation
This year saw the charity continue to work with a range of landowners and partners to support a
programme of tree planting and woodland expansion. To underpin our work in this area a new policv
Woodlond Creation Principles was developed led by Dr Thomas Murphy. These principles will guide
our work and assist us in prioritising way and how we plant healthy woodlands.
Utilising the expertise of our Woodland Creation Advisor, Graham Burton, we directly supported five
landowners with advice and guidance on the design and planning of their woodland creation
scheme. Three of these were supported to access funding from the Plymouth and South Devon
Community Forest grant programme.
'i!I'¢.
Tree plantln8 at Upcott Gran8e Fami, January 2024
Pa8e 3

Over the winter of 2023-24, with the help of a diverse cohort of volunteers we delivered 331
volunteering days exceeding 1,986 volunteering hours in total. We directly planted over 10,OlXI trees
covering 8.6 hectares of land over the duration of 26 planting days. This activity included assistin8
South West Lakes Trust with a natural regeneration project at Venford reservoir and corporate
partner Meritex Ltd planting thelr own new woodland. With funding from the National Grid
Community Foundation we were also able to SUPPOrt a further eight local groups with trees and
protection products for thelr woodland and hedgerow creation activities.
Our summertime programme of monitoring continues to sltes we had previously planted including a
revisit to the first ever site we planted at Scorriton Down.
A survey of landowners was carried out with the aim of assisting us to understand more about the
motivations to restore and create woodland and improve our assistance and support for
landowners.
he planting process with Moor Trees staff ond volunteers wos one of the most positive and
inspirational experiences of my life. There hos been o very high survival rate of the trees, ond
there hos been o noticeable incre05e in wildlife in the last six years. Our experience and whot
we have been able to show people hos inspired neighbouring landowners to plant trees or
remove grazin9 and ollow noturol regeneration of woodland and species rich grossland.
(landownerj
Local rovenance tree su
Our UKISG {UK and Ireland Sourced and Grown Assurance Scheme) approved tree nurseries have
continued to expand with the support of new infrastructure including a new commercial fridge
purchased and erected with the assistance of a range of grants and donations including a capital
grant from the Forestry Commission's Tree Production Capital Grant, Steel Charitable Trust and
Devon Environment Foundation. During Summer 2023 we had over 64,000 seedlings and saplings
growing across our two sites.
By the winter of 2023-24 we had over 25,800 local provenance trees from 27 species available for
supply. In total we supplied over 16.0(X) trees to 32 customers not including our woodland creation
schemes. This included The Duchy of Cornwall, Devon Wildlife Trust (Devon Treescapes) and South
West Lakes Trust.
The charity signed a new three-year
agreement with the Woodland Trust
to support our activity in providing
local provenance trees for local tree
planting schemes. The activity
included our annual Seed Gathering
Programme which saw us gather and
process in our two community tree
nurseries over 670,000 seeds, nuts
and fruit from Dartmoor and the
surrounding area. Included in this
partnership is a dedicated stream of
activity helping to build our
understanding and success rates in
germinating and growing the
following priority species: guelder
rose, small leaved lime, whitebeam,
large leaved lime, wayfaring tree,
A gt4w ol stsxleots seeds at our Community Tiee Nursery
Page 4

wild service tree, wych elm alongside our ongoing black poplar cultlvation. With funding from The
D'oyly Carte Trust we also improved our training and identification resources for volunteers.
In collaboration with the National Lottery funded project Dynamic Dartmoor, in conjunction with
Parklife SW CIC, we provided guidance and shared our knowledge and expertise in the identification,
appropriate collecting and recording of seed collecting with local community groups and schools.
The seeds gathered were then processed by our team of volunteers at our Community Tree
Nurseries.
Our experience in expanding and optimising production at our Community Tree Nurseries continues
to be called upon by local 8roups requesting visits as well as our ongoing involvement in the
Community Tree Nursery Collaborative peer to peer learning network. As part of the governmenvs
Tree Productlon Innovation Fund supported projert 'Growing Diversitv we have delivered a webinar
on administrative process and commercialisation of tree nurseries as well as a training session on
biosecurity. Moor Trees has also been leading a pilot as part of the government funded Trees
Outside Woodland programme to test and evaluate the feasibility of offering a group scheme for
Community Tree Nurseries to be accredited by the Plant Healthy Certification Scheme. Moor Trees
was also featured as a case study in an online appendix to The Tree Growers Guide that we helped
co-author as part of previous Green Recovery Challenge Fund activity.
Volunteerin
with Moor Trees
Volunteering at Moor Trees is an opportunity to learn new skills, understand more about forest
heritage while helping to improve the environment, SUPPOrt the local community, enhance
biodiversity and at the same time improve individuals, mental health and wellbeing. Through our
regular, weekly volunteering days the charity benefited from more than 4,260 hours, equivalent to
2.5 full-time members of staff.
Ip
Page 5

Activities range from collecting seeds from local woodlands and helping to germinate them in our
nurseries, through to nurturing and tending more than 70.LKIO saplings in our nurseries before
planting on sites across Dartmoor and the surrounding area.
"Working with people from mony different walks of life, abilities ond generations (as a young
person),. friendly welcoming otm05phere,' feeling like I'm moking o difference. It's o brilliont
opportunityfor people like me doing their Duke of Edinburgh" (volunteer)
-1 love being port of Moor Trees, I love doing something reolly practicol ond positivefor the
environment every week, andfor climate chonge. I love being part of the volunteer team ond
spending time with such lovely people, staff and volunteers eoch week, mokingfriends and
meeting new people of all ages ond bockgrounds, ond the reolly interesting diverse
conversotions we have. There s always a very positive, no worries atmosphere, so I can leave
my troubles at home and just be in the moment.- (volunteer)
In February and March the Moor Trees community of volunteers and staff past and present came
together for two special tree planting days. The first in Memory of our colleague Brian Daniel who
passed away in December and the second for our co-founder Christopher Layton.
Communications advoca
and outreach
The charity continues to promote its
activities through a twice-yearly
membership newsletter and regular e-
newsletters. Our social media channels
provide an opportunity to promote our
regular volunteering days as well a5 educate
the wider community about our seasonal
tasks of seed gathering, tree growing and
planting.
This year the charity was featured on local
television highlighting our involvement in
the restoration of Wistman's Wood with The
Duchy of Cornwall. As well as featuring our
day of acorn gathering at the temperate
rainforest Site of Special Scientific Interest a
reporter turned up at our Dartington tree
nursery to cover the processing of the
acorns to feature on BBC Spotlight. Our
work was also covered in the local press
including two double-page feature5 in The
Moorlander.
J•
Volunteers carefulty gathering acorns at Wlstman's
Wood, October 2023
Our advocacy programme is also expanding. The charity was invited to speak at a dedicated event on
temperate rainforests organised by the Dartmoor Society outlining our views for the future
restoration and expansion of these valuable habitats. Moor Trees a150 provided evidence to an
Independent review of protected site management on Dartmoor commissioned by the Secretary of
State for Environment. Food and Rural Affairs.
Income
eneration
This year we carried out an extensive review of our fundraising progress to date which culminated in
the development and implementation of a comprehensive new fundraising strategy. The aim is to
diversify our income streams and build a more sustainable and resilient pipeline of funding
opportunities and regular giving while also expanding our engagement with corporate supporters.
Page 6

We are very appreciative of our corporate supporters in 2023-24 who were: Calendar Club,
Christopherfs, David & Charles Ltd, Doyle & Whitley Ltd, EAD Ecology, Ecologic Consultant, Gla55
Partitioning, Goulden & Sons, Meritex International, Metric UK Boiler Hire, Partrac, Rabbie's Tours,
Raft Lighting, South Hams Motor Club, Treewise Ltd, Vault 53, Wildings Studio and WM Guitars Ltd.
The charity continues to offer tree dedications and also successfully ran a crowdfunding campaign
with Crowdfunder and the Aviva Community Fund this year linked to our work restoring ancient
woodland.
Our
eo
The charity currently has a small, dedicated team of five staff. Salaries are reviewed annually bv
trustees as part of budget considerations and approval. All new roles recruited have their salary
agreed by the trustees following input from an HR advisor.
Trustee selection
Trustees are selected following receipt of an appltcation and successful interview. Trustees are
elected by secret ballot at a General Meeting by the members. Trustees need to obtain at least 50Y.
of the vote. Trustee5 serve until the next Annual General Meeting following their election. Retiring
members are eligible for re-election.
Lookin
ahead to 2024-25 and be
ond
The business plan 2024-25 highlighted the following priority areas to improve our performance and
the impact we make:
Tree Production ond Woodlond Creotion
Moor Trees will continue its expansion of production to full optimisation at our two
Community Tree Nurseries and negotiate multi-year growing and supply contract5 for
5chernes and partners on Dartmoor.
We will also be more targeted with our engagement with landowners to Strategically engage
in woodland regeneration and creation projects following an exercise of priority mapping of
potential sites on Dartmoor.
Raising Funds
Our new fundraising strategy will be fully implemented with a focus on developing our
corporate relationship5, regular giving through and increased profile and brand awareness.
Improve our donorjourney by investing in a CRM database ahead of launching a 25
th
Anniversary Appeal
Increasing awareness of our work
A new communications strategy with dedicated resource will help to grow our profile in the
local community.
Activity will be targeted on landowner and corporate engagement a5 well as encouraging
volunteering and regular giving.
We will raise awareness of our knowledge and expertise a part of a programme of activity to
celebrate 25 years of delivery with a focus on the difference we will deliver for climate and
nature by 2050
Improving our volunteering experience
A review of our volunteering and engagement activity will aid us in being more inclusive with
opportunities to engage with the charity to help increase recruitment and retention of
volunteers.
Page 7

Governonce ondfuture planning
The charity will continue to invest in its systems and processes as well as improving our
approach to Health and Safety, data protection, confidentiality, risk management and
financial procedures.
We will invest in our staff with training opportunities and a new appraisal process.
We will carry out an audit of trustee skills and experiences as well as commission light touch
review of our governance procedure5.
Page 8

TREASURER'S REPORT
For the year ended 31 MARCH 2024
This year the charitvs performance demonstrated an improved position both in terms of
diversification of our income streams as well as prudence and efficiency savings in our expenditure.
Income
During 2023-24 the charity generated £310,123 in income of which £37,278 was through restricted
funds. Unrestricted funds amounted to £272,845. Investing in a dedicated fundraiser helped the
charity to further diversify its income working with a variety of existing and new funders including an
increase in corporate supporter5.
The charity signed a new three-a8reement with the Woodland Trust to assist with our local
provenance tree production. In addition, unrestricted grants were awarded frorn Alpkit Foundation,
Garfield Weston Foundation, Norman Family Charitable, Schroder Charitable Trust and Swire
Charitable Trust. Restricted 8rants were awarded from National Grid Community Matters.
We brought forward £86,610 into the 2023-24 financial year.
Ex
enditure
The charivs expenditure was £ 201,165 (compared to £275,638 in 2022-23).
Fund balances
As at the year-end, MoorTrees has total funds available of £195,568 of which £178,878 is
unrestricted.
Reserves
The charity's Reserves Policy is to allow for unforeseen circumstances. The trustees do not foresee
any risk of significant expenditure being required by the charity outside of its annual business
planning and budgeting. Any such costs will be prepared for, and funding sought in a timely manner.
The intention of this policy is to retain sufficient reserves in the event that the charity should face
serious operating challenge or dramatic shift in its funding. While the aim of the charity's trustees is
to utilise funds on the advancement of its charitable aims it will require a certain level of annual
reserves for the following eventuality:
l. Contingency- unexpected expenditure in the event of an emergency
2. Coshflow-value of the annual budget's monthly payroll
3. Closure- calculated for remaining salaries of staff for notice period and winding up the
charity and ensuring the payment of creditors
These principles are utilised to allow MoorTrees to calculate a reserves figure that satisfies the
Charity Commission's suggested aims and the charivs desired aims. The reserves level for 2024 has
been calculated at £38,988.
Risk miti
ation and mana
ement
The trustees meet regularly and review risks throughout the operating year. The charivs principal
risks include its financial sustainabillty and resilience, pest management and biosecurity at the tree
nurseries, extreme weather events, volunteer recruitment and retention, safeguarding, health and
safety especially at our tree nurseries and tree planting operations. A new risk management
framework and risk register is being developed in 2024.
Page 9

Moor Trees
Trustees Annual Report
The Trustees are responsible for keeping proper accounting records that disc105e 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 provi5ion5 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. Isaac
Trustee
29 September 2024
Page 10

Moor Trees
Independent Examiners Report
Independent Examlner's Report to the trustees ol Moor Trees
I report to the charity trustees on my examination of the financial statements of Moor Trees for the year
ended 31 March 2024.
Responslbllities and basls of report
As the charity's trustees of the company land 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 20061'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 20111'the 2011 Act,).
In carryin8 Out my examination I have followed the Directions given by the Charity Commission under section
145{51 Ib) of the 2011 Act.
Independent examiner's statement
As the charity's gross income exceeded £250,0(X) your examiner must be a member of a body listed in
section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a
member of Association of Chartered Certified Accountants, which is one of the listed bodies.
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:
accounting records were not kept in accordance with section 386 of the 2006 Act . or
the financial statements do not accord with those record5: or
the financial statements do not comply with the accounting requirements under section 396 of the 2006
Act other than any requirement that the financial statements give a 'true and fair, view which is not a
matter considered as part of an independent examination," or
the financial statement5 have not been prepared in accordance with the methods and principles of the
Statement of Recommended Practice for accounting and reporting by charities applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 102).
I have no concerns and have come across no other matter5 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 Maynower Street
Plymouth
Devon
PLI ISB
29 September 2024
Page 11

Moor Trees
Statement of Financlal Actlvities
for the year ended 31 March 2024
Unrestricted
funds
2024
Restricted
funds Totsl funds Total funds
2024
2024
2023
Notes
Income and endowments
from:
Charitable activities
Other
109,105
163.740
37,278
146,383
163,740
185,463
111,648
Total
272,845
37,278
310,123
297,111
Expenditure on:
Charitable activities
Other
41,412
141,316
5,437
13,(
46,849
154,316
89,209
186,429
Total
182,728
18,437
201,165
275,638
Net gains on investments
Net income
90,117
18,841
108,958
21,473
Transfers between funds
190,910
(190,910}
Net income before other
gains/(losses)
1172,069)
108,958
21,473
281,027
Other gains and losses
Net movement in funds
281,027
(172,069)
108,958
21,473
Reconciliation of funds:
Total funds brought forward
(102,149)
188,759
86,610
65,137
Total funds carried forward
178,878
16,690
195,568
86,610
Page 12

Moor Trees
Summary Income and Expenditure Account
for the year ended 31 March 2024
2024
2023
Income
310.123
297,111
Gross income for the year
Expenditure
310,123
297,111
194,464
268,183
Oepreciation and charges for
impairment of fixed assets
6,701
7,455
Total expendlture for the year
Net income before tax for the year
201,165
275,638
108,958
21,473
Net Income forthe year
108,958
21,473
Page 13

Moor Trees
Balance Sheet
at 31 March 2024
Company No. 03716434
Notes
2024
2023
Fixed assets
Tangible assets
10
20,238
20,238
26,290
26,290
Current assets
Stocks
Debtors
Cash at bank and in hand
li
14,700
74,640
107,199
196,539
(21,2091
175,330
5,688
26,102
68,298
100,088
(39,7681
60,320
12
Credltors: Amount falling due within one year
Net current assets
13
Total assets less current Ilabilitles
195,568
86,610
Net assets excludlng penslon asset or liablllty
195,568
86,610
Total net assets
195,568
86,610
The funds of the charity
Restrlcted funds
Restritted income funds
14
16,690
16,690
188,759
188,759
Unrestrirted funds
General funds
Designated funds
14
97,544
81,334
(151,191)
49,042
178,878
{102,1491
Total funds
195,568
86,610
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 2024 the company wa5 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 29 September 2024
And signed on its behalf by:
J. Isaac
Trustee
Jr
29 September 2024
Page 14

Moor Trees
Notes to the Accounts
for the year ended 31 March 2024
l Accountlng pollcles
Basls 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 I
January 2015} - {Charities SORP IFRS 102)), the Financial Reporting Standard applicable in the UK and
Republic of Ireland {FRS 102) and the CompanSes Act 2006.
Change In basls of accountlng or to prevlous 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 accountlng
Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the
general objects of the charity.
These are unrestricted funds earmarked by the trustees for particular purposes.
These are unrestricted funds which include a revaluation reserve representing the
restatement of investment assets at their market values.
These are available for use subject to restrictions imposed by the donor or through
terms of an appeal.
Designated funds
Revaluation funds
Restricted funds
Income
Recognition of
income
Income is included in the Statement of Financial Activities {SoFA) when the charity
becomes entitled to, and virtually certain to receive, the income and the amount of
the income can be measured with sufficient reliability.
Income with related Where income has related expenditure the incorne and related expenditure is
expenditure
reported gross in the SOFA.
Donations and
legacies
Voluntary income received by way of grants, donations and gifts is included in the
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 service5
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.
a55et5
Gains/{losses) on
investment assets
This includes any gain or loss on the sale of investments.
Page 15

Moor Trees
Notes to the Accounts
Expendlture
Recognition of
expenditure
Expenditure is recognised on an accruals basis. Expenditure includes any VAT which
cannot be fully recovered, and Is reported as part of the expenditure to which it
relates.
Expenditure on
These comprise the costs assoclated with attracting voluntary incorne, fundraising
raising funds
trading costs and investment management COSt5.
Expenditure on
These comprise the costs Incurred by the Charity in the delivery of its activities and
charitable activltles service5 in the furtherance of its objects, including the making of grant5 and
governance costs.
All grant expenditure is accounted for on an actual paid basis plus an accrual for
grants that have been approved by the trustees at the end of the year but not yet
paid.
These include those cost5 associated with meeting the constitutional and statutory
requirements of the Charity, including any audit/independent examination fees,
costs linked to the strategic management of the Charity, together with a share of
other administration costs.
Other expenditure These are support costs not allocated to a particular activity.
Grants payable
Governance costs
Taxation
The charity is exempt from corporation tax on its charitable activitie5.
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 20-25% 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 16

Moor Trees
Notes to the Accounts
Cash and cash equlvalents
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 credltors
Short term creditor5 are measured at the transaclion 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 currencles
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 lease5 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 expense5 and reduction of the lease obligation so as to
achieve a constant rate of interest on the remaining balance of the liability. Finance expense5 are
Tecognised 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 payment5 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 iecognised 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 a5 expense5 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 17

Moor Trees
Notes to the Accounts
Recelpt of donated goods, facllitles and servlces
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 8ives a 8uarantee to contribute a sum not exceedin8 £1.00, to the company should it be
wound up. As at 31 March 2023 therefore were 7 members.
3 Statement of Flnanclal Artlvlties - prlor year
Unrestrlcted
funds
Restrlcted
funds Totsl funds
2023
2023
2023
Income and endowments from:
Charitable activities
Other
34,465
111,648
150,998
18S,463
111,648
Total
146,113
150,998
297,111
Expenditure on:
Charitable activities
19,562
186,429
69,647
89,209
186,429
Other
Total
205,991
69,647
275,638
Net Income
(59,878)
81,3SI
21,473
Net Income before other
galns/(losses)
Other galns and losses:
Net movement In funds
(59,878)
81,351
21,473
159,878)
81,351
21,473
Reconclllatlon of funds:
Total funds brought forward
Totsl fvnds carrled forward
142,272)
1102,150)
107,408
65,136
188,759
86,609
Page 18

Moor Trees
Notes to the Accounts
4 Income from charitable actlvltles
Unrestrlcted
Restrlcted
Total
Total
2024
2023
Woodland Trust
7,588
7,588
62,957
68,041
1,5CX)
GRCF Grant
Groundwork UK
Devon Environment
Foundation
20,(KM)
The Neighbourly Foundation
Community Fund - National
The Big Give Grant
CLA Charitable Trust
800
iO,CKK)
5,165
3,0(Y)
4,0
10,000
Evolving Forests Ltd
Forestry Commission - Tree
The D'oyly Carte Charitable
Trust
16,690
16.690
3,0(Kl
3,000
National Grid- Community
Matter5
10,ocK)
10,000
Steel Charitable Trust
22,105
22,105
4,000
2,500
30,OCK)
50,CK)O
500
Schroder Charity Trust
The Norman Charitable Trust
2,5
30,OCX)
50,000
500
Swire Charitable Trust
GarField Weston Foundation
Alpkit Foundation
109,105
37,278
146,383
185,463
5 Other income
Unrestricted
Totsl
Total
2024
2023
Other
402
402
1,527
2,289
17,096
3,050
40,085
20,886
Membership Fees & Gift Aid
Corporate Membership Fees
Tree Dedication
1,504
35,910
2.893
26,890
7,063
209
1,504
35,910
2,893
26,890
7,063
209
Donations
Carbon Mitigation
Interest
Woodland Creation
Consultancy & Professional
Fees
50,477
50,477
24,525
38,392
38,392
2,190
163,740
163,740
111,648
Page 19

Moor Trees
Notes to the Accounts
6 Expendlture on charltable artlvltles
Unrestrlcted
Restrlcted
Total
Total
2024
2023
Expenditure on choritoble
ottivities
Consumable Materials
Tools and Equipment
Subcontractors
1,333
2,359
16,951
20,769
41,412
3,843
1,594
5,176
3,953
16,951
20,769
46,849
51,310
24,659
13,240
Fundraising Activitie5
5,437
89,209
7 Other expenditure
Unrestrlrted
Restrirted
Total
Total
2024
2023
Ernployee costs
Motor and travel costs
100,510
8,462
13,OQKI
113,510
8,462
3,009
134,963
10,584
3,090
Premises costs
Amortisation, depreciation,
impairment, profit/loss on
disposal of fixed assets
General administrative costs
Legal and professional costs
6,701
6,701
7,455
11,778
11,778
10,856
154,316
24,633
5,703
186,428
10,856
141,316
13,000
8 Net income before transfers
2024
2023
This is stated after charging:
Depreciation of owned fixed assets
9 staff costs
6,701
7,455
2024
2023
Salaries and wages
Social security costs
Pension costs
101,546
5,859
1,841
109,246
119,314
6,012
2,207
127,533
No employee received emoluments in excess of £60,000.
The average monthly number of full time equivalent employees during the year was as follows:
2024
Number
2023
Number
Permanent employees
Page 20

MoorTrees
Notes to the Accounts
10 Tan8lble flxed assets
Nursery/
Plantlng
equlpment
Motor
vehlcle
Office
equlpment
Total
Cost or revaluatlon
At l April 2023
Additions
Disposals
At 31 March 2024
Depreclatlon and
Impalrnient
At l April 2023
Depreciation charge for the
year
Oisposals
At 31 March 2024
40,532
649
18,968
6,562
66,062
649
(4,800)
61,911
(4,800)
14,168
41,181
6,562
16,560
18,820
4,392
39,772
50
543
6,108
6,701
(4,800)
14,070
{4,8001
41,673
22,668
4,935
Net book values
At 31 March 2024
At 31 March 2023
11 Stocks
18,513
23,972
98
148
1,627
2,170
20,238
26,290
2024
2023
Finished goods
14,700
14,7
5,688
5,688
Carrylng value analysed by artlvlties
2024
2023
Trees, stakes etc
14,700
14,7(Kl
5,688
5,688
12 Debtors
2024
2023
Trade debtors
Other debtors
Prepayments and accrued income
73,105
49
15,813
49
1,486
74,640
10,240
26,102
Page 21

Moor Trees
Notss to the Accounts
13 Credltors:
amounts falling due within one year
2024
2023
Trade credltors
Other taxes and soclal security
Other creditors
Accruals
Deferred Income
12,808
4,491
1.483
2,427
8,304
4,2S8
1,337
764
25,105
39,768
21,209
Paff 22

Moor Trees
Notes to the Accounts
14 Movement In funds
Incomlng
resources
At31
Resources
expended
Gross
transfers
(includlng
At l Aprll
other
2023 galns/losses)
March
2024
Restrlrted funds:
Restrfrted Income funds:
Woodland Trust
Finnis Scott Foundation
The D'oyle Carte Charitable
Trust
National Grid - Community
Matters
The Norman Charitable Trust
Postcode Local Trust
Garfield Weston Foundation
Devon Community
Foundation
GRCF
112,995
5.OtK)
7,588
(7,588)
(112,995)
{5,CX)O)
(3,000)
(3,lJX))
10,(xx)
{io,o(J))
{I,CK)01
120,0001
1587)
20,000
587
2.OLX)
24.177
{2,000)
{26,328)
2,151
Devon Environment
Foundation
Forestry Commission,
England
Total
20,0(X)
(20,000)
16,690
37.278
16,690
16,690
188,759
118,437)
1190,910)
Unrestrirted funds:
General funds
1151,1911
192,845
{181,395)
237,285
97,544
Designated funds:
Legacy
Leslie Smith Foundation
Mr & Mrs Darlington Trust
Groundwork UK
The Neighbourly Foundation
Community Fund- National
The Big Give Grant
CLA Charitable Trust
Evolving Forests Ltd
Forestry Commission - Tree
Production Capital Grant
Garfield Weston Foundation
Swire Charitable Trust
10,595
(10,595)
(5,000)
1,018
11,500)
(800)
(10,000)
15,165)
(3,000)
(1,333)
{1,018)
1,500
800
10,0
5,165
3,0(X)
{1,333)
1,334
lo.￿0
{10,000}
50,(
30,(K)O
50,000
30,000
Total
49.042
(1,3331
(46,375)
81,334
Totsl funds
86,610
310,123
1201,165)
195,568
Page 23

MoorTrees
Notes to the Accounts
Purposes and restrictlons in relation to the funds:
Restricted funds:
Woodland Trust
Finnis Scott Foundation
The D'oyle Carte Charitable
Trust
National Grid - Community
Matters
The Norman Charitable Trust
Postcode Local Trust
Garfield Weston Foundatlon
Devon Community
Foundation
GRCF
Devon Environment
Foundation
Forestry Commission.
England
Designated funds:
Legacy
Leslie Smith Foundation
Mr & Mrs Darlington Trust
Groundwork UK
The Neighbourly Foundation
Community Fund - National
The Big Give Grant
CLA Charitable Trust
Evolving Forests Ltd
Forestry Comrnission - Tree
Production Capital Grant
Production Capital Grant
IS Analysls of net assets between funds
Unrestricted
Restrirted
funds
Total
funds
Fixed assets
Net current assets
17,899
175,317
193,216
2,341
io
20,240
175,327
195,567
2,351
Page 24

Moor Trees
Notes to the Accounts
16 Reconciliation of net assets
At31
March
At l April
2023
Cash flows
2024
Cash and cash equivalents
68,298
68,298
38,901
38,901
107,199
107,199
Net assets
68,298
38,901
107,199
17 Commitments
Operatlng leose commitments
Annual commitments under non-cancellable operating leases are as follows:
2024
2024
2023
2023
Land and
buildings
Land and
buildings
Other
Other
Operating leases with expiry date:
Pension commitments
2024
2023
The pension cost charge to the company
amounted to:
1,841
2,207
18 Related party disclosures
Controlling party
There is no controlling party.
Page 25

Moor Trees
Detslled Statement of Flnanclal Actlvltles
for the year ended 31 March 2024
Unrestrlcted
funds
Restrlcted
funds Totsl funds Total funds
2024
2024
2023
2024
Incorne and endowments from:
Charitable activities
Woodland Trust
GRCF Grant
Groundwork UK
Devon Environment Foundation
The Neighbourly Foundation
Community Fund - National
The Big Give Grant
CL4 Charitable Trust
Evolving Forests Ltd
Forestry Commission - Tree
The D'oyly Carte Charitable Trust
National Grid - Community
Matters
7,588
7,588
62,957
68,041
1,5C
20,(XX)
800
io,o(N)
5,165
3,0￿}
4,000
iO,OCK)
16,690
3,OCK)
16,690
3,000
10,000
10,tM)O
Steel Charitable Trust
Schroder Charity Trust
The Norman Charitable Trust
Swire Charitable Trust
Garfield Weston Foundation
Alpkit Foundation
22,105
22,105
2,500
30,L
50,CKJO
500
2,500
30,000
50,000
500
146,383
109,105
37,278
185,463
Other
Other
Membership Fees & Gift Aid
Corporate Membership Fees
Tree Dedication
402
402
1,504
35,910
2,893
26,890
7,063
209
1,527
2,289
17,096
3,050
40,085
20,886
1,504
35,910
2,893
26,890
7.063
209
Donations
Carbon Mitigation
Interest
Woodland Creation
Consultancy & Professional Fees
50,477
38,392
163,740
50,477
38,392
163,740
24,525
2,190
111,648
Total income and endowments
272,845
37,278
310,123
297,111
Expendlture on:
Charitable activities
Consumable Materials
Tools and Equipment
Subcontractors
1,333
2,359
16,951
20,769
3,843
1,594
5,176
3,953
16,951
20,769
51,310
24,659
13,240
Fundraising Activities
Page 26

Moor Trees
Detalled Statement of Flnandal Actlvltles
41.412
5,437
46,849
89,209
Total of expendlture on charftable
artlvltles
41,412
5,437
46,849
89,209
Employee costs
Salarieslwages
Employer's NIC
Pension costs
Staff recruitment
Staff training
Staff protective clothin8
Temporary staff
88,546
5,859
1,841
685
13,0(K)
101,S46
5,859
1,841
685
119,314
6,012
2,207
2,779
305
1,032
209
2,338
100,510
1,032
209
344
2,338
113,510
4,002
134,963
13,CM)O
Motor and travel costs
Vehicles- General costs
Vehicles- Leasing and hire costs
Vehicles- Fuel
Travel and telephone
482
482
2,066
483
483
1,966
5,531
8,462
1,966
5,531
8,462
2,809
5,710
10,585
Premises costs
Rent
Rates
3,1)09
3,009
3,169
(791
3,090
3,009
3,009
General administrative costs,
including depreciation and
amortisation
Depreciation of Nursery/ Planting
equipment
Depreciation of Motor vehicle
Depreciation of Office equipment
Bank charges
Equipment repairs and
maintenance
General insurance5
Advertising and Promotion
Software, IT 5UPPOrt and related
costs
6,108
6,108
6,657
50
50
74
543
142
543
724
142
323
306
306
2.071
2,472
2,071
2,472
1,854
8,259
3.583
3,583
4,161
Printing, Postage and Stationery
Memberships and subscription5
fees
Consumables and refreshments
1,708
1,708
8,313
276
276
41
1,220
18,479
1,220
18,479
1,682
32,088
Legal and professional costs
Accountancy and bookkeeping
Other legal and professional
costs
3.708
3,708
2,801
7,148
7,148
2,902
10,856
10,856
5,703
Page 27

Moor Trees
Detalled Statement of Flnanclal Artlvltles
Total of expendlture of other costs
Totsl expendlture
Net 8alns on investments
141,316
13,000
154,316
186,429
182,728
18,437
201,165
275,638
Net Incoffle
90,117
18,841
108,958
21,473
Transfers between funds
190,910
(190,910)
Net Income before other
galnsl{losses)
Other Gains
281,027
{172,069)
108,958
21,473
Net movement In funds
281,027
(172,0691
108,958
21,473
Reconclllatlon of funds:
Total funds brought forward
(102,149)
188,759
86,610
65,137
Total funds carrled forward
178,878
16,690
195,568
86,610
Page 28