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

Page 8

ended 31 M•rrh 2025.
Cmynles Acl (Ihe 2(Th ACL
16 of the XXK• Act and are Èlilible for Indep*Mlent emmlnatkm. I rep￿ kn respect ol •1
charlty's financlal statements •5 c•rrled (xrt under secllon 145 Ch•rh*s 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 exam1r￿tIOn 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 reqU1￿ment 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 fina￿1•1
statements to be reached.
Sarnh Glenlster FCCA Associat5on of Chartered
Certtlled kcountants
Oeepblue Accountants Ltd
Unlt 112
91 Mayfiothtr Street
Pu￿8
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