**REGISTERED CHARITY NUMBER 1082094**
## **REPORT OF THE DIRECTORS AND**
**UNAUDITED FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31[st] JULY 2023**
**FOR**
**BRISTOL MEMORIAL WOODLAND TRUST**
**BRISTOL MEMORIAL WOODLAND TRUST**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JULY 2023**
||**Page**|
|---|---|
|**Report of the Trustees**|1 to 2|
|**Statement of Financial Activities**|3|
|**Balance Sheet**|4|
|**Independent Examiners Report**|5|
|**Notes to the Financial Statements**|6 to 10|
|**Detailed Statement of Financial Activities**|11|
**BRISTOL MEMORIAL WOODLAND TRUST**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2023**
The trustees present their report with the financial statements of the charity for the year ended 31[st] July 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity Number** 1082094
## **Principal address**
Old Gloucester Road Earthcott Green Alveston Bristol BS35 3TA
**Trustees**
C H Baker H R A Spowers C Wilcox Ms. V M Griffiths
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity. The trust was registered as a charity on 21[st] August 2000.
## **Recruitment and appointment of new trustees**
New trustees are appointed by written resolution of the existing Trustees who select people who can bring relevant experience. The Trust Deed stipulates that there should be at least two trustees. New Trustees are briefed on their legal obligations under charity laws and on the content of the Trust Deed together with the decision- making processes and the recent financial performance of the Charity.
## **Risk management**
The Trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The Trustees believe that they have identified the major risks to which the Trust is exposed and are satisfied that systems are in place to mitigate exposure to those risks.
## **OBJECTIVES AND ACTIVITIES Policies and objectives**
The objects of the charity are:
- For the public benefit to create and preserve woodland areas and to maintain and perpetuate the same by long rotations of planting and felling:
- For the public benefit to conserve and protect all forms of wildlife so as to safeguard genetic diversity in woodlands and special nature reserves maintained by the Trust and elsewhere.
1
BRI
LMEM
RIAL WOOD
RT OF THE TRUSTEES
FOR I"HE YEAR E.NDED 31 JLIY 20
Pollcles attd objectives (tonL)
The Trustees confirni that they have referred io the guidAn¢e contained in the chlty C0rnrni]OnS general
8uidan¢e on publi¢ benefit when reviewing ihe Tnts aims 8nd obje¢tive$ for the year as required under the
Charites Act 2011.
Relatfionybip with BTl8tol Mtmori#l WoodlAttds Limlted
Bristol Memorial Woodlands Limited is a company estsblished to Ffovide the setttng for sensitive burials in
woodland setting. Whilsi Lwrial plots are being sold it is in the Inr¢5( of that company to mainlain the land in
tidy stale, once the plots have b¢en sold there will be no income to the company for the continuing
maintcnance. For that reaso the Charity was esthlished. and it will receiv¢ a donation for each burial plot
sold so that a fund can be built up to ensure the mainienanct and managemeni of the woodland in perpEtuity.
Christophtr Hiatt BakeT 15 a director End shareholder ofihe Comp8ny and a mist¢e of the Trust. Colin Wilcox
is a directtsr of the Company atJJ a Inwl¢¢ of ihe TnL
Actlvltl for *thieviDg objectiv
The current objeclives of the Charity are w build the re%rves so that in the future we will be abl¢ to fin¢¢ the
required maintenanc¢ of the woodland ¢¢m¢tery.
FIIWANCIAL REVIEW
In¢omlrt8 resources incr¢ased to £48.847 {2022- £29.342). Ther¢ general fimd5 surplus of £878271
(2022 - £836,178). No significant events hav¢ occurred since the year end.
RéMr¥•J polity #nd fund•
In cord8lC with thc Charity's objectives. its policy is to increase reserves to the point where the charity ¢an
myintain the woodlaThJs from investrd Inrne. M05t donations 1Ved by the Tnjst have been made for the
purpose of th¢ futUTC upkeep of the grounds ownwj by th¢ Tr. Accordingly. it has been decided thai Ihese
nd$ Should bc Reitrfeted funds which will be spent in line with those donors, wishe$. Th¢ r¢mainin8
incorne h•s be¢n d¢signat¢d as Unre$tri¢¢ed fyDds which is available for general expenditure of the trusL
Approved by order of the board of tru&ees on 21° May 2024 aThJ 3i8ned on its behalf by:
H R A Spow¢ts Imr.). TNS
**BRISTOL MEMORIAL WOODLAND TRUST**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2023**
|**INCOME AND ENDOWMENTS**
**FROM**
Donations and legacies
Investment income 2
**TOTAL**
**EXPENDITURE ON**
Other
**NET INCOME**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED**
**FORWARD**|**31.7.23**
**£**
**38,768**
**10,079**
**48,847**
**6,754**
**42,093**
**836,178**
**878,271 **|31.7.22
£
27,774
1,568|
|---|---|---|
|||29,342
3,633|
|||25,709
810,469|
|||836,178|
3
BRtSTOL MEM
RIAL WOODLAND TRL'S
E SHEET
31 JULY 202
7.23
30.7.22
Notes
FIXED ASSEIS
Tangible assets
20
CLI. iRENT A&8ETS
Debtors
Cash at bank
113,70S
7711lb27
195.663
883.732
838,858
CRLDITORS
Amounts falling due within one year
700
NET CURRENT ASSETS
87
836.158
TOT AL ASSETS LE CLIIRENT
LIABILITIES
878371
836,178
NET ASSETS
836 178
FUNDS
unrestrict fut
TRLST b'UNDS
878271
836,178
878.271
Tr rinancial ststements were approved by the Trusi¢¢s on 21. May 2024 and weR sign on its b¢half by..
H R A Spowets {Mr.). Trustce
**BRISTOL MEMORIAL WOODLAND TRUST**
## **INDEPENDENT EXAMINER REPORT FOR THE YEAR ENDED 31 JULY 2023**
## **Independent examiner’s report to the trustees of Bristol Memorial Woodland Trust**
I report to the trustees on the examination of the accounts of the Bristol memorial Woodland Trust (the Trust) for the year ended 31[st] July 2023.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Trust’s accounts carried out under the section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner’s statement**
I have completed my examination. I confirm no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of the independent examination
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in the report in order to enable a proper understanding of the accounts to be reached.
William Waterfield FMAAT FAIA for and on behalf of Poole Waterfield Limited Ground Floor Custom House Waterfront East Brierley Hill West Midlands DY5 1XH
Date: 21[st] May 2024
5
**BRISTOL MEMORIAL WOODLAND TRUST**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023**
## 1. **ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity , which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice’ applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)’, Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Charities Act 2011. The financial statements have been prepared under the historical cost convention and on a going concern basis.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds and it is probable that the income will be received. Tax refunds on donations are on a receivable basis.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is not provided on land.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular purposes with the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular purposes.
## 2. **INVESTMENT INCOME**
|Bank and other interest|**31.7.23**
**£**
**10,079**|31.7.22
£
1,568|
|---|---|---|
The above total of £10,079 (2022 - £1,568) includes interest of £3,000 (2022 - £1,000) from a related party, Bristol Memorial Woodlands Limited in respect of a loan included in other debtors.
6
**BRISTOL MEMORIAL WOODLAND TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2023**
## 3. **TRUSTEES’ REMUNERATION AND BENEFITS**
No trustee’ remuneration or other benefits have been paid or are payable to any trustee of the charity or person connected with such a trustee, directly or indirectly from the funds of the charity or from the property of any institution or body corporate connected with the charity for the year ended 31[st] July 2023 nor for the year ended 31[st] July 2022.
## 4. **COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
||**Unrestricted**|
|---|---|
||**Funds**|
||**31.07.22**|
||**£**|
|**INCOME AND ENDOWMENTS FROM**||
|Donations and legacies|**27,774**|
|Investment income|**1,568**|
|**Total**|**29,342**|
|**EXPENDITURE ON**||
|Other|**3,633**|
|**Total**|**25,709**|
|**RECONCILIATION OF FUNDS**||
|**Total funds brought forward**|**810,469**|
|**TOTAL FUNDS CARRIED FORWARD**
|**836,178**|
7
**BRISTOL MEMORIAL WOODLAND TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2023**
## 5. **TANGIBLE FIXED ASSETS**
|**COST**
As at 1stAugust 2022 and 31stJuly 2023
**NET BOOK VALUE**
As at 1stAugust 2022 and 31stJuly 2023|**Land**
**£**
**20**|
|---|---|
||**20**|
Approximately 20 acres of land was donated to the Charity which has restrictive covenants permitting the subsoil to be accessed by Bristol Memorial Woodlands Limited inter alia for the burial of human or animal remains and the planting of trees. Due to the restrictive covenants and the use to which the subsoil is being put, the Trustees believe that the land should be included in the accounts at a nominal value.
## 6. **DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Other debtors|**31.7.23**
31.7.22
**£**
£
**113,705**
195,663|
|---|---|
## 7. **CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Other creditors|**31.7.23**
**£**
**5,481**|31.7.22
£
2,700|
|---|---|---|
8
**BRISTOL MEMORIAL WOODLAND TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2023**
## 8. **MOVEMENT IN FUNDS**
|
**Unrestricted funds**
General fund
Designated fund
Designated land
**TOTAL FUNDS**
**Net movement in funds, included in the above are as follows:**
**Unrestricted funds**
General fund
Designated fund
**MOVEMENT IN FUNDS**
**Comparative for movement in funds:**
**Unrestricted funds**
General fund
Designated fund
Designated land
**TOTAL FUNDS**
|**At Net movement At**
**1.8.22**
**in funds**
**31.7.23**
**£**
**£ £**
**489,757**
**3,325**
**493,082**
**346,401**
**38,768**
**385,169**
**20**
**-**
**20**
**836,178**
**42,093**
**878,271 **
**Incoming Resources Movement**
**Resources expended in funds**
**£**
**£**
**£**
**10,079**
**(6,754)**
**3,325**
**38,768**
**-**
**38,768**
**48,847**
**(6,754)**
**42,093**
**At Net movement At**
**1.8.21**
**in funds 31.7.22**
**£**
**£**
**£**
**491,822**
**(2,065)**
**489,757**
**318,627**
**27,774**
**346,401**
**20**
**-**
**20**
**810,469**
**25,709**
**836,178**|
|---|---|
9
**BRISTOL MEMORIAL WOODLAND TRUST**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2023**
## 8. **MOVEMENT IN FUNDS- continued**
## **Comparative net movement in funds, included in the above are as follows:**
|
**Unrestricted funds**
General fund
Designated fund
**MOVEMENT IN FUNDS**
|**Incoming Resources Movement**
**Resources expended**
**in funds**
**£**
**£**
**£**
**1,568**
**(3,633)**
**(2,065)**
**27,774**
**-**
**27,774**
**29,342**
**(3,633)**
**25,709**|**Incoming Resources Movement**
**Resources expended**
**in funds**
**£**
**£**
**£**
**1,568**
**(3,633)**
**(2,065)**
**27,774**
**-**
**27,774**
**29,342**
**(3,633)**
**25,709**|
|---|---|---|
|||**25,709**|
||||
## 9. **RELATED PARTY DISCLOSURES**
At the 31[st] July 2023 the charity was owed £111,811 (2022 - £193,128) from Bristol Memorial Woodlands Limited. The relationship between the Trust and Bristol Memorial Woodlands Limited is referred to in the Trustees report.
10
**BRISTOL MEMORIAL WOODLANDS TRUST**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2023**
|
**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
**Investment income**
Bank and other interest
**Total incoming resources**
**EXPENDITURE**
**Support costs**
Sundry expense
Professional fees
Insurance
Bank Charge
**Total resources expended**
**NET INCOME**|
|**31.7.23**
**£**
**38,768**
**10,079**
**48,847**
**3,684**
**3,060**
**-**
**10**
**6,754**
**42,093**|31.7.22
£
27,774
1,568
29,342
-
2,700
893
40|
|---|---|---|---|
|||||
||||3,633
25,709|
|||||
This page does not form part of the statutory financial statements
11