or trees creating native woodland Annual Report and Accounts 2024-25 Deepblue Accountants Ltd Unit 112 91 Maynower Street Plymouth Devon PLI ISB
Moor Trees Contents Pages 2to8 Trustees, Annual Report Independent Examlner's Report Statement of Financial Activitles Summary Income and Expenditure Account Balance Sheet io li 12to13 Notes to the Accounts Detailed Statement of FlnancSal Actlvltles 14to24 25to27 Pa8e I
Moor Trees Trustees Annual Report Annual Report and Accounts 2014-25 TRUSTEES, REPORT (INCLUDING DIREcfoR'S REPORT) For the year ended 31 MARCH 2025 The trustees present their annual report and flnancial statement5 for the year ended 31 March 2025. Objectlves and actlvltles The objects of the Charlty are to promote the followin8 purposes: The preservation and conservation for the public benefit of the environrnent, and in particular Dartmoorfs wild natural forests; The advancement of education amongst the public concerning natural history, conservation and the environment. and in particular the role of the woodland restoration in the stabilisation and regeneration of ecosystems. The trustee5 are satisfied that the chariws activities as performed in 2024-25 have been for the public benefit. Activities, achievements and performance Health Woodland Creation This year saw the charity involved in a number of high-profile woodland creation and habitat restoration schemes. We continue to work with a range of landowners and partners to support a programme of tree planting and woodland expansion each winter. Our operations team provided tree5 to over 30 customers and we were dirertly involved in planting trees at eight sites across Dartmoor and surrounding areas. Our activities this year were bolstered by the first of a three-year grant funding agreement with Utility Warehouse to support and expand our tree planting goals. Over the winter of 2024-25, our diverse cohort of 207 volunteers exceeded over 2,133 volunteering hours supported by our team of seasonal Woodland Creation Officers. We directly planted 17,636 trees covering 20 hectares of land over 46 planting days. Our Dartmoor provenance trees were supplied to an exciting new lar8e-scale woodland creation project on edge of Totnes where the Devon Wildlife Trust is aiming to create a new temperate rainforest at Bowden Pillars. To support an ambitious and innovative habitat restoration scheme in the upper Erme catchment on south Dartmoor we collaborated with Dartmoor National Park Authoritys Headwaters project and the University of Plymouth to be involved in the first known use of the Miyawaki planting method in an upland location in the UK. The innovative design of the plot trials has been chosen a5 a method of natural flood management. The scheme chose our trees and team of volunteers to plant the site as it was important to have Dartmoor provenance trees included in this scheme. Our ongoing relationship with the Duchy of Cornwall, to gather acorns and rowan seeds from Wistman's Wood, saw the first stage of planting at a 'rnirrorf site close to the location of the globally Significant temperate rainforest. The first 450 saplings were planted by our volunteers and colleagues from Natural England and the Woodland Trust. Our involvement was featured widely in national and regional media including international reach assisted by a special film created and hosted on Kensington Palace's YouTube channel. Page 3
Moor Trees Trustees Annual Report The trustee5, who are also directors of the charity for the purposes of the Companles Act 2006, present their report wlth the unaudited financial statements of the charity for the year ended 31 March 2025. REFERENCE AND ADMINISTRATIVE OETAILS Company No. 03716434 Charfty No. 1081142 Reglstered Offlce The Old School Centre Totnes Road South Brent Devon TQIO 98P Dlrectors 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. Aldi5 J.R. Allen T. Ferry J.P. Green (Resigned 10 January 20251 (Resigned 24 July 2024) J. Isaac K.A. Moore T. Murphy N.J. Smith S.P. Smith A.K. Thiemann J.D.A. Willis (Resigned 30 October 2024) (Resigned 30 October 2024) Accountants Deepblue Accountants Ltd Unit 112 91 Mayfiower Street Plymouth Devon PLI ISB Page 2
Moor Trees Trustee5 Annual Report Our Woodland Creation Advisor also continued to support private landowners with developing new woodlands on thelr land and accessing fundlng from the Plymouth and South Devon Community Foundation. Over the summer we launched a renewed citizen sclence pro8ramme developed with input from our seasonal Citizen Science Co-ordinator. Our sites contlnued to show above average survival rates of the trees we planted, recordin8 UP to 95 per cent survival rates in the woodland5 we visited. Also, most encouragingly our habitats were also sUPPOrtin8 high levels of natural colonlsation where existing trees {including the trees we planted) set seed to colonlse new ground and grow further new trees. We also found that growth rate5 of the trees, measured by height and diameter at breast height were found to be within expected ranges for most specie5. Through species identificatlon we found increasing diversity in ground cover vegetation and the presence of woodland Indicator species, such as lichens and dormice, which are found in maturing woodlands with complex ecological interactions. Blrd species identified during the surveys included nuthatches, wrens, chiffchaffs. robins and spotted flycatcher5. A detailed priority mapping exercise was also carried out with input from a Masters student at the University of Plymouth and accessing specialist GIS mappin8 expertise. The charity now ha5 a tool that it can use to target and prioritise our woodland creation activity to help us with our landowner engagement and future partnership collaboration. Tree su Our UKISG (UK and Ireland Sourced and Grown Assurance Scheme) approved and Plant Healthy certified tree nurseries have continued to expand with the support of new infrastructure and the installation of a water irrigation system at our Broadley site. During summer 2024 we had over 95,000 seedlings and sapling5 growin8 across our two sites. By the winter of 2024-25 we had over 34,OlXI trees from 30 species available for supply. In total we supplied 29,595 trees to 32 customers not including our Woodland creation schemes. Our annual Seed Gathering pro8ramme sponsored again this year by the Woodland Trust resulted in 146.160 seeds being gathered and processed with a combined weight of 179kg. To gain help from the local community and landowner5 we launched the Great DartmoorTree Search to seek out the location of hard to source trees such as guelder rose, small leaved lime. whitebeam, large leaved lime, wayfaring tree, wild service tree and wych elm. Our Community Tree Nursery team continued to share their knowledge and expertise hosting a seed gathering event for other local groups. The charity has also been featured in a case study about implementing biosecurity measures as part of a new appendix to The Tree Growers Guide which we helped to co-author with The Tree Council. Volunteerin with Moor Trees Volunteering at MoorTrees 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 6,800 hours, equivalent to four full-time members of staff. Activities range from collecting seeds from local woodlands and helping to germinate them in our nurseries, through to nurturing and tending more than 95,IXIO saplings in our nurserie5 before planting on sites across Dartmoor and the surrounding area. Page 4
Moor Trees Trustees Annual Report Our outreach and engagement wlth local businesses and community groups as well as local universities and colleges has resulted in a number of dedicated sessions being planned as well as ad hoc volunteering days being booked by staff and employees of companle5 In the local area. Communicatlons advoca and outreach The charity appointed a new Communlcatlons and Engagement lead In July to implement our communications strategy and 8row our proflle. Due to our Involvement In a number of high-proflle tree plantin8 activitie5 we 8enerated si8nlflcant local and media coverage with interviews on both the local BBC and ITV news pro8rammes. The charlty also featured on local radlo talklng about our work and In Ih conlunctlon with the launch of a year of dedlcated attlvlty to mark our 25 annlversary through 2025. Our advocacy programme continues to expand. Our Chief Executive was invited to contribute as a key Stakeholder to develop a vision for the Central Dartmoor Landscape Recovery project. Our work over the past 25 years was also recognised by the Wild About Devon awards as part of the Devon Local Nature Recovery Strategy with Moor Trees winning the Community Group Inspirational Award in recognition of our outstanding work for natu. For more information about our work and achievements to date our Impact Report 2024-25 can be downloaded from www.moortrees.org Income en ation The charity continues to develop and diversify Its funding streams with a growin8 and commitment number of corporate supporters. In 2024-25 as well as signing a significant three-year grant with the Utility Warehouse Foundation we also secured a grant to asslst with the purchasing of a new plckup truck from Naturesave Insurance's Trust. Members of the 10 Million Tree Club launched In September 2024 were: Christopher's South Hams, David and Charles Publishin& Goulden and Sons, Honey's, Real Dog Food, Optimising IT, Nice Group and WM Guitars, The charity is also grateful for the regular donations from Doyle and Whitley, Glass Partitioning, LHC Desi8n. Nick Mackman Sculptures, Rabbie's, South Hams Motor Club, Treewise Ltd and Wildings Studio. The charity continues to offer tree dedications and also successfully ran a crowdfunding campaign with Crowdfunder and the Aviva Community Fund with mentoring from the founder of the platform to support our ambitions to plant more trees over the wlnter. Donations continued to grow and thi5 year we recelved two legacy gifts. Revenue continues to grow from the commercial sale of our trees and expanding woodland creation programme. The charity was unsuccessful on a number of bids to trusts and foundations due to slgnificant oversubscription and high degrees of competition for funding which has been disappointing. Our eo The charity currently has a small, dedicated team of five staff. Salaries are reviewed annually by 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 selettion Trustees are selected following receipt of an application and successful interview. Trustees are elected by secret ballot at a General Meeting by the members. Trustees need to obtain at least 50Yo of the vote. Trustees serve until the next Annual General Meetlng following their election. Retiring members are eligible for re-election. Page 5
Moor Trees Trustees Annual Report Lookin ahead to 2025-26 and be The business plan 2025-26 hlghlighted the following priority areas to improve our performance and the impact we make. This includes: l. Engaging rnore strateglcally wlth landowners on Dartrnoor focusing our targetin8 on our priority areas and key partnerships to Increase tree cover. 2. Fully optimlsing our current Community Tree Nur5erles for Dartmoor tree productlon. 3. Advocating for the tracklng and open reporting of areas of tree cover and natural regeneration on Dartmoor. 4. Demonstrating the charity'5 expertlse In woodland creatlon and natural regeneration 5. Delivering a programrne of activity and engagement to build our profile and funder portfolio during our 25-year celebratlons 6. Deflnln8 the charltrfs prlorltle5 for the next three-year strateglc operational perlod. Thls wlll include the following key areas of work.. Tree Production ond Woodland Creotion ond Moor Trees will continue its expansion of production to full optimisation of 120,000 trees and more than 34 species growing at any one time at our two CommunityTree Nurseries and agree our next stage of growth plans. Generate greater awareness of our knowledge and expertise with landowners and land managers in Dartmoor with a focus on woodland creation, habitat connectivity and river valley restoration. Roising Funds Continue to build membership of the 10 Mlllion Trees Club and corporate partnerships. Improve our supporterjourneys to 8enerate more regular donors and review our tree dedications offer. Develop relationships with major donors and participate in partnership funding bids. Increosing oworeness of our work Develop our advocacy and influencing activity with clearer. more defined acts as part of a targeted and monitored plan Publish our first Impart Report and new digital collateral to promote the charity and its vision. Build awareness of our Impart locally and generate reglonal and natlonal recognition for our work. Improving our volunteering experience The launch of our new volunteering and engagernent strategy and volunteering policy with the alm of improvin8 recruitment and retention of volunteers Governonce ondfuture plonning 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 carry out our regular audit of trustee skills and experiences as well as commission a light touch review of our governance procedures. Page 6
MoorTrees Trustees Annual Report TREASURER'S REPORT For the year ended 31 MARCH 2025 Thls year the charivs performance demonstrated an Smproved position both in terms of diversiflcation of our income streams as well as continued prudence and eff iclency savings in our expenditure alon8 With investment in our re50urcln8. Income Durln8 2024125 the charlty generated £326,826 In Income of whlch £17,303 was through restricted funds. Unrestricted funds amounted to £309,523. The fundralsing strategy and investment in a CRM database is helpln8 to improve our processes and 5UPPOrter Journeys whlch In turn has seen a further diversification of income worklng wlth a varlety of exlstlng and new funders, growlng our number of re8ular donors and engagin8 more corporate supporters. The charity signed a new three-agreement with the Utility Warehouse in support of our annual tree planting aspirations. In addition, unrestricted 8rants were awarded from Benefact Group, Devon Environment Foundatlon, Grocerfs Charity, Growing Diversity project, Neighbourhood Fund. Norman Family Charitable Trust, Oxygen House Foundation, The D'oyly Carte Trust and restritted grants from Naturesave Trust and the Forestry Commisslon Tree Productlon Capital Grant. We brought forward £195,568 into the 2024-25 financial year. enditure Ex The charitws expenditure was £301,292 (compared to £201,165 In 2023-24}. Fund balances As at the year-end, MoorTrees has total funds avallable of £221,102 of which £221,102 is unrestricted. Reserves The chariWs Reserve5 Policy is to allow for unforeseen clrcumstances. 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 tirnely manner. The intention of this policy is to retain sufficient reserves in the event that the charity should face a 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 emergencv 2. Coshflow- value of the annual budget's monthly payroll 3. Closure- calculated for remainin8 salaries of staff for notice period and winding up the charity and ensuring the payment of creditors These principles are utilised to allow Moor Trees to calculate a reseryes figure that satisfies the Charity Commission's suggested aims and the chariVs desired aims. The reserves level for 2024 has been calculated at £47,824. Risk miti ation and mana The trustee5 meet regularly and review risks throughout the operating year and has a Risk Management Framework and Risk Register. The charity's principal risks include its financial sustainability and resilience, pest management and biosecurity at the tree nurseries, extreme weather events and climate change, volunteer recruitment and retention. safeguarding, health and safety especially at our tree nurseries and tree planting operations. ement Page 7
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ended 31 M•rrh 2025. Cmynles Acl (Ihe 2(Th ACL 16 of the XXK• Act and are Èlilible for IndepMlent emmlnatkm. I rep kn respect ol •1 charlty's financlal statements •5 c•rrled (xrt under secllon 145 Ch•rhs Act Mi ftr m I In c•rryin8 Out my examination I ha followed the Dlrectkns Ch•rfty conw wxl•f J•cfrf 145(51 (b) of the 2011 Act. s the charity's gross income exceeded £250,(XX) your examiner must be a member ol a Isied I section 145 of the 2011 ACL I confirni that l am qualified to undertake the exam1rtIOn becaoe l am • member of Association of Chartered Certffied Accountants, which is one of the listed tK#Jie I have completed my examination. I can confim that no material matters have to nry a¢th . connection with the examination giving me cause to believe: • accounting records were [t kept in accordan with section 386 of the 2( Act ' the financial statements do not accord with those records; or • the financial statements do not comply with the accounting requirements under sertM)n 396 d the XX Act other than any reqU1ment that the financial statements give a 'true and fairf view 15 Mt a matter considered as part of an independent examination: or . the finanaal ststements have not been prepared in accordance with the metTrM)ds and Ihe Statement of Recomrnended practi for accounting and reporting by charities applicable to clwiies preparing their accounts in accordance with the Financial Reporting Standard applicable in the IX arnl Republic of Ireland (FRS 102). I have no concerns and have come across no other matters in connection with the examination to attention should be drawn in this report in order to enable a proper understandin8 of the fina1•1 statements to be reached. Sarnh Glenlster FCCA Associat5on of Chartered Certtlled kcountants Oeepblue Accountants Ltd Unlt 112 91 Mayfiothtr Street Pu8 21 fflber 2025
Moor Trees Statement of Flnanclal Artlvltles for the year ended 31 March 2025 Unrestrlrted funds 2025 Restrlcted funds Total funds Total funds 2025 2025 2024 Note5 Incorne and endowments from: Charitable activitles Other 90,887 218,636 17,303 108.190 218,636 146,383 163,740 Total 309,523 17,303 326,826 310,123 Expendlture on: Charitable activities Other 106.434 175,865 18,993 125.427 175,865 46,849 154,316 Total 282,299 18,993 301,292 201,165 Net galns on Investments Net Income 27,224 (1,690) (15,000) 25,534 108.958 Transfers between funds 15,000 Net Income before other galns/(losses) 42,224 116,690) 25,534 108,958 Other Balns and losses Net movement In funds 42,224 116,690) 25,534 108,958 Reconclllatlon of funds; Total funds brou8ht forward 178,878 16,690 195,568 86,610 Total funds carried forward 221,102 221,102 195,568 Page 10
Moor Trees Summary Income and Expendlture Account for the year ended 31 March 2025 2025 2024 Income 326,826 310,123 Gross income for the year 326,826 310,123 Expenditure 291,496 194,464 Depreclatlon and charges for impairment of fixed assets 9,796 6,701 Total expenditure for the year Net income before tax for the year 301,292 201,165 25,534 108,958 Net income for the year 25,534 108,958 Pa8e 11
Moor Trees Balance Sheet at 31 March 2025 Company No. 03716434 Notes 2025 2024 Flxed assets Tangible assets io 25,432 25,432 20,238 20,238 Current assets Stocks Debtors Cash at bank and in hand li 5,995 87,581 336,623 430,199 1116,191) 314,008 14,700 74,640 107,199 196,539 121,209} 175,330 12 Credltors: Amount falllng due withln one year 13 Net current assets Total assets less current Ilabllltles 339,440 (118,338) 221,102 195,568 Creditors: Amounts fallin8 due after more than one year Net assets excludlng penslon asset or Ilabllity 14 195,568 Total net assets 221,102 195,568 The funds of the charlty Restrlrted funds Restritted income funds 15 16,690 16,690 Unrestricted funds General funds Designated funds 15 206,312 14,790 97,544 81,334 221,102 178,878 Re5erve5 15 Total funds 221,102 195,568 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 2025 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 21 September 2025 And signed on its behalf by: Page 12
Moor Trees Notes to the Accounts for the year ended 31 March 2025 l Accountlng pollcles Basls of preparatlon The financial statements have been prepared In accordance wlth Accounting and Reporting by Charitles: Statement of Recommended Practlce appllcable to charltles preparing their accounts in accordance with the Flnancial Reportlng Standard appllcable In the UK and Republlc of Ireland IFRS 1021 (effective I January 20151 Icharltles SORP IFRS 10211, the Financlal Reportln8 Standard applicable in the UK and Republic of Ireland (FR5 1021 and the Companles Act 2006. Change In bas15 of accountlng or to prevlou5 accounts There has been no change to the accountin8 policies (valuation rules and method of accountin81 since last year and no chan8es have been made to accounts for previous years. Fund a¢¢ountln8 Unrestrlcted funds These are available for use at the dlscretlon 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 unrestrlcted funds which Include a revaluatlon 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 Revaluatlon funds Restricted funds Income Recognition of income Income is included in the Staternent 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 sufflcient rellabillty. Income with related Where income has related expenditure the income 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 uncondltional entitlement to the income. Tax reclaims on Income from tax reclaims is included In the SOFA at the same tlme 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 account5 when receivable. Gains/l105sesl on This includes any gain or loss resulting from revaluing investments to market value revaluation of flxed at the end of the year. assets Gains/llossesl on investment assets This includes any gain or loss on the sale of investments. Page 14
MoorTrees Notes to the Accounts Expendlture Recognltlon of expenditure Eypenditurels recognlsed on an accruals basls. Expenditure Includes any VAT which cannot be fully recovered, and Is reported as part of the expenditure to whlch it relates. Expenditure on These comprlse the costs assoclated wlth attracting voluntary income, fundraising ralslng funds tradlng cost5 and Investment management costs. Expendlture on These cornprlse the costs Incurred by the Charity in the delivery of Its activities and charltable actlvltles servlces In the furtherance of Its objects, Includlng the maklng of 8rants and 80vernance 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 costs associated with meeting the constitutional and statutory requirements of the Charity, including any auditlindependent examination fees, costs linked to the strategic management of the Charity, tO8ether with a share of other administration costs. Other expenditure These are support costs not allocated to a particular activity. Grants payable Governance costs Taxatlon The charlty is exempt from corporation tax on Its charitable actlvities. Tanglble flxed assets and depreclatlon Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life: Nursery/ Plantin8 equipment 20-25% reducing balance Motor vehicle 33% reducin8 balance Office equipment 25% reduclng balance 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 willin8 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. 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 p051tlon, bank overdrafts are shown within borrowin85 or current liabilitles. 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. Page 15
Moor Trees Notes to the Accounts Trade and other credltors Short term credStors are measured at the transactlon prlce. Other creditors and provislons are recognised where the charity has a present obll8ation 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. Creditor5 and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. Leased assets Where the charity enters Into a lease whlch entalls taklng substantlally all the risks and rewards of ownership of an asset, the lease Is treated as a flnance lease. Leases which do not transfer substantially all the rlsks and rewards of ownership to charity are classified as operatlng leases. Assets held under finance leases are Initlally recognlsed as assets of the charity at their fair value at the Snception of the lease or, If lower. at the present value of the rnlnlmum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease ob5igation. Lease payments are apportloned 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 recognlsed immediately, unless they are directly attributable to qualifying asset5, in which case they are capitalised in accordance with the charity's policy on borrowing Costs. Assets held under finance leases are depreclated in the same way as owned assets. Operating lease payments are recognised as an expense on a straight-line basls over the lease term. In the event that lease incentlves are received to enter into operatin8 leases, such Incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a strai8ht-line basis. Penslon 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 contributlons 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. Receipt of donated goods. facllltles 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 Ilmited by guarantee and consequently does not have share capital. Each member gives a guarantee to contribute a sum not exceedin8 £1.00, to the company should it be wound up. As at 31 March 2025 therefore were 7 mernbers. Page 16
MoorTrees Notes to the Accounts 3 Statement of Flnanclal Actlvltles- prfor year Unrestrlcted funds Restrlcted funds Total funds 2024 2024 2024 Incorne and endowments from: Charltable actlvities Other 109,105 163,740 37,278 146,383 163,740 Total 272.845 37,278 310,123 Expendlture on: Charitable activitles 41,412 141,316 5,437 13,000 46.849 154,316 Other Total 182,728 18,437 201,165 Net income 90,117 18,841 108,958 Transfers between funds 190,910 1190,910) Net income before other gainsl(losses) Other 8alns and losses: Net movement in funds 281,027 (172.0691 108,958 281,027 (172,0691 108,958 Recon¢lllatlon of funds: Total funds brought forward Total funds carrled forward {102,149) 178.878 188,759 86,610 16,690 195,568 Page 17
Moor Trees Notes to the Accounts 4 Income from charftable activltles Unrestrlcted Restrlrted Total Total 2025 2024 Woodland Trust Devon Environment 700 700 7,588 Foundation 10,0 io,ooo Forestry Commission- Tree The D'oyly Carte Trust National Grid- Community Matters 1,603 1,603 4,000 16,690 3,000 10.000 Steel Charitable Trust 22.105 4,000 Schroder Charity Trust Norman Family Charitable Trust 4,000 2,500 Swire Charltable Trust 30,000 50,000 Garfield Weston Foundation Alpkit Foundation Naturesave Trust 15,000 15,000 61,662 5,000 1,000 Utility Warehouse Ltd The Grocers Charity The Benefact Group ATASS Foundation - Oxygen House 61,662 s,0 1,000 3.225 3,225 Neighbourhood Fund 2024 2,lJOO 90,887 2,000 108,190 17,303 146,383 5 Other in¢ome Unrestrirted Total Total 2025 2024 Other 9.380 1.667 24.788 3,648 52,982 2,899 2,134 73.470 47,668 218,636 9,380 1,667 24,788 3,648 52,982 2,899 2,134 73,470 47,668 218,636 402 Membership Fees & Gift Aid Corporate Membership Tree Dedication Donations & Legacies Carbon Mitigation Interest 1.504 35,910 2,893 26,890 7,063 209 Woodland Creation Professional Fees 50,477 38,392 163,740 Page 18
Moor Trees Notes to the A¢counts 6 Expendlture on charltable actlvltles Unrestrlrted Restrlcted Total 2025 Total Z024 Expenditure on choritable ortivities Consumable Materials Tools and Equipment Subcontractor5 14,483 31,727 33,136 27,088 1,603 700 16,086 32.427 49,826 27,088 5,176 3.953 16,690 16.951 Fundraising Activitie5 Governonce cost5 20,769 106,434 18,993 125,427 46.849 7 Other expenditure Unrestrlrted Total Total 202S 2024 Employee costs Motor and travel costs 125,447 8,349 3,988 125,447 8,349 3,988 113,510 8,462 3,009 Premises costs Amortisation, depreciation, impairment, profit/loss on disposal of fixed assets General administrative costs 9,796 9,796 6,701 18,950 9,335 175,865 18,9SO 9,335 175,865 11,778 10,856 154,316 Legal and professional costs 8 Net Income before transfers 2025 20Z4 This is stated after char8in8: Depreciation of owned fixed assets 9 Staff costs 10,198 6,701 2025 2024 101,546 5,859 1,841 109,246 Salaries and wages Social security Costs Pension costs 112,961 8,351 3,170 124,482 No employee received emoluments in excess of £60,000. The average monthly number of full time equivalent employees during the year was as follows: 2025 Number 20Z4 Number Permanent employees Page 19
Moor Trees Notes to the Accounts 10 Tanglble flxed assets Nurseryl Plantlng equlpment Motor vehlcle Offlce equlpment Total Cost or revaluation At l April 2024 Additions Disposals At 31 March 2025 Depreciatlon and Impairment At l April 2024 Depreciation charge for the year Disposa15 At 31 March 2025 41,181 14,168 15,490 114,1681 15,490 6,562 61.911 15,490 {14,1681 63,233 41,181 6,562 22,668 14,070 4,935 41.673 4,628 5,163 407 10,198 {14,070) 5,163 (14,0701 37,801 27,296 5,342 Net book values At 31 March 2025 At 31 March 2024 11 Stocks 13,885 18,513 10,327 98 1,220 1,627 25,432 20,238 2025 2024 Finished goods 5,995 5.995 14,700 14.700 Carryin8 value analysed by activitles 2025 2024 Trees. stakes etc 5,995 5,995 14,700 14.700 12 Debtors 2025 2024 Trade debtors Other debtors Prepayments and accrued income 82.688 73,105 49 1,486 74,640 4,893 87,581 Page 20
Moor Trees Notes to the Accounts 13 Creditors: amounts falling due withln one year 2025 20Z4 Trade creditors Other taxes and social security Other creditors Accruals Deferred income 11,121 12,043 1,670 1,357 90,000 116,191 12,808 4,491 1,483 2,427 21,209 14 Credftors: amounts falling due after more than one year 2025 2024 Deferred income 118.338 118,338 Pa8e 21
Moor Trees Notes to the Accounts 15 Movement In fund5 Incornlnq resources (Includlng At l Aprll other 2024 8alnsllosses) At31 March 2025 Resources expended Gross transfers Restrlrted funds: Restrlcted income funds: Woodland Trust Forestry Commission, England Naturesave Trust 700 {7001 16,690 1,603 15,000 {18,293) (15,tsJO) Totol 16,690 17,303 118,9931 115,000) Unrestricted funds: General funds 97,544 203,846 {110.078} 15,000 206,312 Designated funds: Evolving Forests Garfield Weston Foundation Swire Charitable Trust Utility Warehouse Ltd The Grocers Charity Devon Envlronment Foundation The Benefact Group The D'oyly Carte Trust ATASS Foundation- Oxygen House Neighbourhood Fund 2024 Norman Family Charitable Trust Estate of George Radford Total 1,334 50,0 30,000 11,334) (50,0001 (30,0001 {61,6621 {5,000) 61.662 5,000 10,000 1,000 4,000 {io,0001 {I,000) {4,000) 3,225 2,000 (3,225) {2,000) {4,000) 14,790 14,790 81,334 105,677 {172,221) 14,790 Total funds 195,568 326,826 1301.292) 221.102 Purposes and restrictions in relation to the funds: Restricted funds: Woodland Trust Forestry Commission, England Naturesave Trust Designated fund5: Page 22
Moor Trees Notes to the Accounts Evolvlng Forests Garfield Weston Foundatlon Swire Charitable Trust Utility Warehouse Ltd The Grocers Charity Devon Envlronment Foundation The Benefact Group The D'oyly Carte Trust ATASS Foundation - Oxygen House Neighbourhood Fund 2024 Norman Family Charitable Trust Estate of George Radford 16 Analysls of net assets between funds Unrestrirted funds Restricted funds Total Fixed assets 13,351 314,006 12,083 25,434 314.006 Net current assets Creditors due in more than one year and provisions 1118,3381 (118.338) 209.019 12,083 221.102 17 Reconciliatlon of net debt At31 March 2025 At l April 2024 Cash flows Cash and cash equivalents 107,199 107,199 229,424 229,424 336,623 336,623 Net debt 107,199 229,424 336,623 Page 23
MoorTrees Notes to the Accounts 18 Commltments Operating lease commltments Annual commitment5 under non-cancellable operatin8 leases are as follows: 2015 Land and bulldings 2025 2024 Land and buildings 2024 Other Other Operatin8 leases With expiry date: Pen51on commitments 2025 2024 The pension cost charge to the company amounted to: 3,170 1,841 19 Related party dlsclosures Controlllng PQrty There is no controlling party. Page 24
Moor Trees Detalled Statement of Flnanclal Artlvltles for the year ended 31 March 2025 Unrestrlcted funds 2025 Restrlrted funds Total funds 2025 Total fund5 2024 2025 Income and endowments from: Charitable activitles Woodland Trust Devon Envlronment Foundatlon Forestry Commission- Tree The D'oyly Carte Trust National Grid - Communitv Matters Steel Charitable Trust Schroder Charity Trust Norman Family Charitable Trust Swlre Charltable Trust Garfield Weston Foundation Alpkit Foundation Naturesave Trust Utility Warehouse Ltd The Grocers Charity The Benefact Group ATASS Foundation - Oxygen House Neighbourhood Fund 2024 700 700 7,588 10,000 10,000 1,603 4,000 1,603 16,690 10,000 22,105 4,000 2,500 30,000 50,000 500 4,000 4,000 15,000 15,000 61,662 5,000 1,000 3,225 2,000 61,662 5,000 1,000 3,225 2,000 90,887 17,303 108,190 146,383 Other Other Membership Fees & Gift Aid Corporate Membership Tree Dedication Donations & Legacies Carbon Miti8ation Interest 9,380 1,667 24,788 3,648 52,982 2,899 2,134 73.470 47,668 218.636 9,380 1.667 24,788 3,648 52.982 2,899 2,134 73,470 47,668 218.636 402 1,504 35,910 2,893 26,890 7,063 209 50,477 38,392 163,740 Woodland Creation Professional Fees Total income and endowments 309,523 17,303 326,826 310,123 Expenditure on: Charitable activities Consumable Materlals Tools and Equipment Subcontractors Fundraising Activities 14,483 31,727 33,136 27.088 1,603 700 16,086 32,427 49,826 27.088 5,176 3,953 16,951 20,769 16,690 Page 25
Moor Trees Detalled Stattment of Flnanclal Artlvltles 106,434 18,993 125,427 46,849 Total of expenditure on Charitable actlvlties 46,849 106,434 18,993 125,427 Employee costs Salarieslwages Employer's NIC Pension costs Staff recruitment Staff training Staff protective clothing Temporary staff 112.961 8.351 3,170 219 112,961 8,351 3,170 219 101,546 5,859 1,841 685 468 468 1,032 209 2.338 113,510 278 278 125,447 125,447 Motor and travel costs Vehicles - General costs Vehicles - Lea5in8 and hire costs Vehicles - Fuel Travel and telephone 781 2,161 749 781 482 483 1,966 5,531 8,462 2,161 749 4,658 8,349 4,658 8,349 Premises costs Rent 3,522 466 3,522 466 3,009 Rates 3,988 3,988 3,009 General administrative costs, including depreciation and amortisation Depreciation of Nurseryl Planting equipment Depreciation of Motor vehicle Depreciation of Office equipment Profit on disposal of tangible fixed assets Bank charges Equipment repair5 and mairstenance General insurance5 Advertising and promotions Printing. postage and stationery Software, IT support and related Costs 4,628 4,628 6.108 5,163 407 5,163 407 50 543 14021 (4021 132 132 142 306 4,531 4,186 3,263 4,531 4,186 3,263 2,071 2,472 1,708 3,242 3,242 3,583 Membership and subscriptions fees Consumables and refreshments 493 493 276 3.103 28,746 3,103 28.746 1,220 18,479 Legal and professional costs Accountancy and bookkeeping Consultancy fees 3,748 780 3,748 780 3,708 Page 26
Moor Trees Detalled Statement of Flnanclal Artlvltles Other legal and professional costs 4,807 4,807 7,148 9,335 9,335 10,856 Total of expenditure of other costs Total expendlture 175,865 175.865 154.316 282,299 18.993 301,292 201,165 Net gains on investments 27,224 Net Income 11,690) 25,534 108,958 Transfers between funds 15,1)00 (15,000) Net Income before other galnsl(losses) Other Gains 42,224 42,224 108,958 Net movement In funds 42,224 42.224 108,958 Reconcillatlon of funds: Total funds brought forward 178,878 16,690 195,568 86,610 Total funds carried fonvard 221,102 16,690 237,792 195,568 Page 27