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2021-03-31-accounts

Members
of		 the Board and professional advisers advisers
Chairman's
statement
Trustees Annual
Report
Independent auditor's
report to the members		 15
Consolidated Statement ofFinancial Activities
(incorporating the income and expenditure account) 19
Consolidated Balance Sheet 20
Consolidated Cash Flow Statement 21
Notes to the financial statements 22

Registered charity name charity name Wildwood
Trust
Charity number 1093702
Company registration number 04399827
Registered office Wildwood
Herne Common
Herne Bay
Kent
CT6 7LQ
Trustees Mr A D L Price (Honorary Treasurer &Honorary Secretary)
Prof R A Griffiths
Mr JWorger (Honorary Treasurer) (appointed 05August 2020)
Mr A West (Acting Chairman)
Dr SBlack
Mr TJ Murray OBE
Secretary Mr A D L Price
Auditor Burgess Hodgson LLP
Chartered
Accountants
&Statutory
Auditor
Camburgh
House
27 New Dover Road
Canterbury
Kent
CT1 3DN
Bankers National
Westminster		 Bank PLC
Northgate
House
34-36 North Street
Ashford
Kent
TN24 8JR
Solicitors Furley Page LLP
39St. Margarets Street
Canterbury
Kent
CT1 2TX

Unrestricted Restricted Total Funds Total Funds
Note Funds Funds 2021 2020
6
Income:
Income resources from generating funds.
Voluntary
income		 469,686 12,325 482,011 139,099
Activities for generating
funds		 368,173 368,173 687,054
Investment
income		 697 697 2,521
Income from chantabie
activifiesi
Operation
ofwildlife parks		 6 2,223,968 2,223,968 2,387,104
Total income 3,062,524 12,326 3,074,849 3,215,778
Expenditure
Costs ofgenerating
funds:
Commercial
trading
operations		 (559,162) (4,125) (563,287) (785,978)
Expenditure
on charitable		 activities:
Operation
ofwildlife parks		 10 (2,174,041) (3,833) (2,177,874) (2,388,019)
Governance costs 11 (13,375) (13,375) (13,155)
Total expenditure (2,746,578) (7,958) (2,754,536) (3,187,152)
Net income/(expenditure) and net
movement
in funds for the year		 12 315,946 4,367 320,313 28,626
Transfer between
funds
315,946 4,367 320,313 28,626
Reconciliation
offunds
Total funds
brought
forward		 1,886,497 125,267 2,011,764 1,983,138
Total funds carried forward 2,202,443 129,634 2,332,077 2,011,764

Group Group Charity Charity
Note 2021 2020 2021 2020
5 6 6
Fixed assets
Intangible assets 17 13,050 17,400 13,050 17,400
Tangible assets 18/19 933,960 936,201 344,048 398,813
Investments 20 545,766 545,766
Total Fixed Assets 947,010 953,601 902,864 961,979
Current assets
Stock 21 73,304 62,426 63,918 51,340
Debtors 22 117,474 52,399 502,259 504,391
Cash at bank and in hand 1,549,208 1,256,941 1,493,418 1,197,289
Total Current Assets 1,739,986 1,371,766 2,059,595 1,753,020
Liabilities
Creditors falling due within one year 23 (184,976) (157,275) (119,618) (114,379)
Net Current assets 1,555,010 1,214,491 1,939,977 1,638,641
Total assets less current liabilities 2,502,020 2,168,092 2,842,841 2,600,620
Creditors falling due after one year 24 (169,943) (156,328)
Net assets 2,332,077 2,011,764 2,842,841 2,600,620
The funds ofthe charity:
Restricted income funds 25 129,634 125,267 129,634 125,267
Unrestricted
income funds		 25 626,500 410,554 1,137,264 999,410
Unrestricted
designated		 funds 25 1,575,943 1,475,943 1,575,943 1,475,943
Total charity funds 2,332,077 2,011,764 2,842,841 2,600,620

2021 2020
6 6
Net cash provided
by (used		 in) operating activities 401,264 268,165
Cash flows from investing
activities:
Dividends, interest and rents from investments 697 2,521
Proceeds from the sales of property,
plant and equipment		 3,079
Purchase ofproperty,
plant		 and equipment (100,452) (74,604)
Purchase of intangible
assets		 (21,750)
Net cash provided
by (used		 in) investing activities (96,676) (93,833)
Cash flows from financing
activities:
Repayments
of borrowing		 (12,321) (12,084)
Cash inflows from new borrowing
Net cash provided
by (used		 in) financing activities (12,321) (12,084)
Change
in cash and cash		 equivalents in the reporting period 292,267 162,248
Cash and cash equivalents at the beginning
ofthe reporting		 period 1,256,941 1,094,693
Cash and cash equivalents at the end ofthe reporting period 1,549,208 1,256,941

1 Accounting
Policies
The principal
accounting
policies adopted, judgements
and key sources ofestimation
uncertainty
in the preparation
ofthe financial statements
are as follows:
a) Basis ofpreparation
The financial statements
have been prepared
under the historical cost convention		 and in
accordance
with United Kingdom
Generally Accepted Accounting
Practice, including		 Financial
Reporting
Standards
102. The recommendations
in Accounting
and Reporting
by
Charities:
Statement
ofRecommended
Practice (FRS102)(effective
1 January 2015)issued		 by
the Charity Commission
have been followed.
Wildwood
Trust meets the definition		 of a public entity under FRS102.
The financial statements
are prepared
in sterling,
which
is the functional
currency		 ofthe entity.
b)
Reconciliation
with previous
Generally Accepted Accounting
Practice
In preparing
the accounts, the trustees
have considered
whether
in applying		 the accounting
policies required
by FRS 102and the Charities SORP FRS 102the restatement		 ofcomparative items was required.
c) Group financial statements
The financial statements
consolidate
the results ofthe charity and its wholly		 owned
subsidianes
Wildwood
Bscot Ltd and Wildwood
Centre Ltd on a line-by-line		 basis. A separate
Statement ofFinancial Activities
and income and expenditure
account for the charity		 has not been
presented
because the Trust has taken advantage
ofthe exemption
afforded		 by section 408 of
the Companies
Act 2006.
d)
Income recognition
policies
Items of income are recognised
and included
in the accounts when
all ofthe		 following criteria
are met:
~
The charity or its subsidiary
have entitlement
to the funds;
~
any performance
conditions
attached to the item(s) of income have been		 met or are fully
within the control ofthe chanty or its subsidiary;
~
there is sufficient
certainty that receipt ofthe income is considered
probable;		 and
~
the amount
can be measured
reliably.
For legacies, entitlement
is taken as the earlier of:
~
the date on which the charity is aware that probate has been granted;
~
the estate has been finalised
and notification
has been made by the executor(s) to the
Trust that a distribution
will be made, or
~
when a distribution
is received from the estate.

Asset Category Annual rate
Goodwill 3years straight line
Intangible assets 5years straight line
Freehold
land is		 not depreciated
Long leasehold buildings 10years straight line
Plant, equipment and motor vehicles 10years straight line

2021 2020
6 8
Incoming resources Wildwood Trust 2,238,694 2,442,986
Gift aid from subsidiary company
2,238,694 2,442,986
Expenditure on charitable activities (1,996,473) (2,348,605)
hiet income 242,221 94,381
Total funds brought forward 2,600,620 2,506,239
Total funds carried forward 2,842,841 2,600,620
Represented by:
Restricted income funds 129,634 125,267
Unrestricted mcome funds 2,713,207 2,475,353
2,842,841 2,600,620
4 Income from donations
Donations and legacies Unrestricted Restricted Total Total
funds funds funds funds
2021 2020
6
Donations 469,686 469,686 90,985
I egaaes 34,846
Unrestricted/Restricted donations 12,325 12,325 13,268
469,686 12,325 482,011 139,099

Income from activities f or ge neratin g
fu		 nds
Unrestricted Total Total
funds funds funds
2021 2020
6 6
Shop income 74,955 74,955 211,115
Restaurant
income		 293,218 293,218 475,939
368,173 368,173 687,054
Income from charitable activities
Unrestricted Restricted Total Total
funds funds funds funds
2021 2020
f f 8 6
Animal
collection - Admissions		 and events 601,677 601,677 742,492
Animal
collection - Membership		 subscriptions 1,299,412 1,299,412 1,345,718
Conservation
programmes		 12,136 12,138 22,019
Education 35,938 35,938 259,972
Other income 274,803 274,803 16,903
Total income from charitable activities 2,223,968 2,223,968 2,387,104
Income earned from other activities
The wholly owned trading subsidiary Wildwood Escot Ltd is incorporated m the United Kingdom
(company
number 09330154) and will		 pay ag of its profits to the charity under the giR aid scheme.
Losses are absorbed
by the charity's		 unrestricted funds.
Wildwood Escot Ltd operates the Escot animal park mciuding its shop and restaurant.
The charity owns the entire share capital ofone Ordinary shares offl.
The summary
financial performance		 ofthe subsidiary alone is:
2021 2020
6
Tui'hover 836,155 772,792
Cost ofsales and admimstration costs (744,448) (805,076)
FRS 102lease accounting adjustment (13,615) (33,471)
Net profit
/ (loss)		 78,092 (65,755)
Amount
giR aided to the chanty
Retained
in subsidiary		 78,092 (65,755)
The assets and liabilities ofthe subsidiary were:
Fixed assets 89,912 37,388
Current assets 96,962 81,061
Current
liabilities		 (481,929) (505,211)
Long term liabilities (169,943) (156,328)
Total net assets (464,998) (543,090)
Aggregate
share capital and reserves		 (464,998) (543,090)

Analysis o fexpenditure on com mercial
activities
Unrestricted Restricted Total Total
funds funds funds funds
2021 2020
6 6 6
Shop costs 160,429 160,429 265,834
Restaurant costs 282,516 282,516 402,523
Support costs 116,217 4,125 120,342 117,621
Total 559,162 4,125 563,287 785,978
Analysis ofexpenditure on charitable activities
Unrestricted Restricted Total Totat
funds funds funds funds
2021 2020
6
Animal
collection costs,		 education and
conservation 2,174,041 3,833 2,177,874 2,388,019
Total 2,1?4,041 3,833 2,177,874 2,388,019

Unrestricted Total Total
funds funds funds
2021 2020
6 6
Audit fees 9,025 9,025 8,805
Intangible asset amortisation 4,350 4,350 4,350
Goodwill amortisation
Total 13,375 13,375 13,155

12 Net income/(expenditure)for the year
2021 2020
This is stated after charging: 6 6
Coronavirus
Job Retention		 Scheme grant income 260,173 3,510
Staff pension
contributions		 44,690 52,504
Loss on disposal 3,180
Depreciation 96,434 88,004
Amortisation 91,314 4,350
FRS102lease accounting adjustment 13,615 33,471
Auditor's
remuneration
Audit fees 5,575 5,355
Accountancy
services		 3,450 3,450
13 Analysis ofstaff costs and trustee remuneration and expenses
2021 2020
Salaries and wages 1,595,903 1,787,233
Social security costs 111,221 122,647
Pension costs 44,690 52,504
1,751,814 1,962,384

17 Intangible
fixed assets - Group		 Intangible
assets Goodwill Total
6
Cost:
As at 1 April 2020 21,750 45,765 67,515
Additions
As at 31 March 2021 21,750 45,765 67,515
Amortisation:
As at I April 2020 4,350 45,765 50,115
Charge for the year 4,350 4,350
As at 31 March 2021 8,700 45,765 54,465
Net book value
As at 31 March 2020 17,400 17,400
As at 31 March 2021 13,050 13,050
18 Tangible fixed assets - Group
Long Plant,
Freehold leasehold machinery, Total
land and land and motor
buildings buildings vehicles
f 6
Cost
As at 1 Apnl 2020 546,437 851,161 119,405 1,517,003
Additions 99,362 1,090 100,452
Transfer 8,563 (8,563)
Disposals (2,809) (14,646) (17,455)
As at 31 March 2021 555,000 947,714 97,286 1,600,000
Depreciation:
As at 1 April 2020 504,067 76,735 580,802
Charge for the year 90,849 5,585 96,434
Disposals (11,196) (11,196)
As at 31 March 2021 594,916 71,124 666,040
Net book value
As at 31 March 2020 546,437 347,094 42,670 936,201
As at 31 March 2021 555,000 352,798 26,162 933,960

Long Plant,
Freehold leasehold machinery, Total
land and land and motor
buildings buildings vehicles
8 8
Cost:
As at I April 2020 46,437 782,575 116,203 945,215
Additions 16,560 1,090 17,650
8,563 (8,563)
Disposals (2,809) (14,646) (17,455)
As at 31 March 2021 55,000 796,326 94,084 945,410
Depreciation:
As at I April 2020 472,869 73,533 546,402
Charge for the year 60,571 5,585 66,156
Disposals (11,196) (11,196)
As at 31 March 2021 533,440 67,922 601,362
Net book value
As at 31 March 2020 46,437 309,706 42,670 398,813
As at 31 March 2021 55,000 262,886 26,162 344,048

Group Charity
2021 2020 2021 2020
6 6 6
Shop and restaurant stock 73,304 62,426 63,918 51,340
73,304 62,426 63,918 51,340

Debtors
Group Charity
2021 2020 2021 2020
5 8
Trade debtors 24,528 27,746 21,195 21,555
Other debtors 6,136 482 4,246 482
Prepayments and accrued mcome 86,810 24,171 58,357 20,039
Amount
due from subsidiary		 undertaking 418,461 462,315
117,474 52,399 502,259 504,391
Creditors: amounts falling due within one year
Group Charity
2021 2020 2021 2020
5 5
Trade creditors 89,374 61,234 40,824 37,491
Other creditors and accruals 63,895 55,256 53,800 45,167
Taxation and social security costs 31,707 40,785 24,994 31,721
184,976 157,275 119,618 114,379

Creditors: amounts
falling due with		 in one year
Group Charity
2021 2020 2021 2020
6
Other creditors
Deferred income 169,943 156,328
169,943 156,328

Balance Balance Funds
1stApril Income Expenditure Transfers 31 March
2020 2021
6
Designated
contingency fund 812,803 812,803
Designated
investment fund 500,000 500,000
Designated
legacy stabilisation fund 163,140 163,140
Designated
school of rewilding fund 100,000 100,000
1,475,943 100,000 1,575,943
General
fund		 410,554 3,062,524 (2,746,578) (100,000) 626,500
Total 1,886,497 3,062,524 (2,746,578) 2,202,443
Analysis of movements in unrestricted funds - previous year
Balance Funds
1stApril Income Expenditure Transfers 31 March
2019 2020
6
Designated
contingency fund 500,000 312,803 812,803
Designated
investment fund 500,000 500,000
Designated
legacy stabilisation fund 128,294 34,846 163,140
Designated
school of rewilding fund
1,128,294 347,649 1,475,943
General
fund		 687,966 3,194,314 (3,124,077) (347,649) 410,554
Total 1,816,260 3,194,314 (3,124,077) 1,886,497

Balance Funds
1stApril Income Expenditure Transfers 31 INarch
2020 2021
6
Education grants 1,072 1,072
Playground grants 1,810 (229) 1,581
Wind Turbine grants
Conservation centre 4,561 (3,896) 665
Endangered species 117,824 12,325 (3,833) 126,316
Data base fund
Volunteers Coordinator
Total 125,267 12,325 (7,958) 129,634
Analysis of movements in restricted funds - previous year
Balance Funds
1st April Income Expenditure Transfers 31 INarch
2019 2020
6
Education grants 1,072 1,072
Playground grants 2,042 (232) 1,810
Wind Turbine grants
Conservation centre 8,457 (3,896) 4,561
Endangered species 155,307 21,464 (58,947) 117,824
Data base fund
Volunteers Coordinator
Total 166,878 21,464 (63,075) 125,267
Analysis of group net assets between fun ds
General Designated Restricted Total
Fund Funds Funds
Tangible fixed assets 404,484 500,000 42,526 947,010
Cash at bank and in hand 833,806 628,294 87,108 1,549,208
Other net current assets/(liabilities) 5,802 5,802
Creditors of more than one year (169,943) (169,943)
Total 1,074,149 1,128,294 129,634 2,332,077
Analysis of group net assets between funds - previous Analysis of group net assets between funds - previous Analysis of group net assets between funds - previous Analysis of group net assets between funds - previous Analysis of group net assets between funds - previous Analysis of group net assets between funds - previous Analysis of group net assets between funds - previous year
General Designated Restricted Total
Fund Funds Funds
Tangible
fixed assets		 393,630 500,000 59,971 953,601
Cash at bank and
in hand		 563,351 628,294 65,296 1,256,941
Other net current assets/(liabilities) (42,450) (42,450)
Creditors ofmore than one year (156,328) (156,328)
Total 758,203 1,128,294 125,267 2,011,764
27 Commitments
under operating		 leases
Group Charity
2021 2020 2021 2020
6 6 6
At 31 March 2021, the group and charity
had total commitments under
non-cancegable
operating		 leases as
follows:
Land and buildings:
-Less than
1 year		 29,950 29,950
-1-5years 204,667 204,667
-Greater than 5years 2,288,717 2,318,667
2,523,334 2,553,284
28 Notes tothe consolidated cash flow statements
28.1 Reconciliation
ofnet		 movement in funds to net cash flow from operating
activities
2021 2020
6 6
Net incoming
resources		 320,313 28,626
Interest from investments (697) (2,521)
Loss on disposal 3,180
Depreciation 96,434 88,004
Amortisation 4,350 4,350
Decrease/(increase) in stocks (10,878) 5,885
Decrease/(increase) in debtors (65,075) 126,076
Decrease/(increase) in creditors 53,637 17,745
Net cash inflow from operating activities 401,264 268,165
6
(Decrease)/Increase in cash in the year 292,267
Existing
borrowing
Funds
in from borrowing
Change
in net funds		 292,267
Net funds at 1 Apnl 2020 1,256,941
Net funds at 31 March 2021 1,549,208
At 1 April Cash flow Non-cash At 31 March
2020 changes 2021
Cash at bank and in hand 1,256,941 292,267 1,549,208
OverdraRs
1,256,941 292,267 1,549,208
Debt due within
1 year		 (12,321) 12,321
Debt due after 1 year
Net cash 1,244,620 304,588 1,549,208