2022-03-31-accounts - Wildwood Trust

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Members ofthe Board and professional	Members ofthe Board and professional	advisers
Chairman's	statement
Trustee's Annual Report
Independent	auditor's report to the members		13
Consolidated	Statement ofFinancial Acavities
(incorporating	the income and expenditure	account)	17
Consolidated	Balance Sheet		18
Consolidated	Cash Flow Statement		19
Notes to the	financlal statements		20

Registered	charity name	charity name	Wildwood Trust
Chsnly number			1093702
Comoany	regis(ration	number	04399627
Registered	oflice		Wildwood
			Herne Common
			Hams Bay
			Kent
			CTSTLa
Trustees			Mr A D L Price (Acting		Chairmen	& Honorary Secretary)
			Prof R A Gritgths
			MrJWorger (Honorary Treasurer)
			Mr A West
			DrSBlack
			Mr TJ Murray OBE
Secretary			Mr A D L Price
Auditor			Burgess Hodgson	LLP
			Chanered Accountants
			&Statutory Auditor
			Camburgh House
			27 New Dover Road
			Canterbury
			Kent
			CTI 3DN
Bankers			National Westminster		Bank PLC
			Norlhgste House
			34-36 North Street
			Ashford
			Kent
			TN24 BJR
Solicitors			Furlsy Page LLP
			39St.Margarsts	Street
			Canterbury
			Kent
			CTI 2TX

				Unrestricted	Restricted	Total Funds	Total Funds
			Note	Funds	Funds	2022	2021
					8		8
Income:
Income resources Irom generating		funds:
Voluntary income				297,468	383,748	881,216	482,011
Activities for generating funds				780,046		780,046	368,173
investment income				229		229	897
Income from charifsble activities:
Operation of wildlife parks			6	2,514,892		2,514,882	2,223,968
Total income				3,592,625	383,748	3,976,373	3,074,849
Expenditure
Costs ofgeneraling tundsr
Commercial trading operations				(780,384)		(780,364)	(563,287)
Expenditure on charirable acdvidssr
Operation ofwildlife parks			10	(2,532,618)	(149,823)	(2,682,441)	(2,177,874)
Governance costs			11	(13,375)		(13,375)	(13,375)
Total expenditure						,'e	~xn e
Nst income/(expenditure)	and net
movement in funds for the year			12	266,268	233,925	500,193	320,313
Reconciliation offunds
Total funds brought forward				2,202,443	129,634	2,332,077	2,011,764
Tatal funds carried forward				2,468,711	363,559	2,832,270	2,332,077

				Group	Group	Charity	Charity
			Note	2022	2021	2022	2021
				8	8	&	5
Fixed assets
Intangible assets			17		13,050		13,050
Tangible assets			10/19	1,041,160	933,060	370,005	344,046
Investments			20			545,766	siL6,766
Total Fixed Assets				1,041,160	947,010	015,771	902,&64
Current assets
Slock			21	76,046	73,304	63,101	63,910
Debtors			22	103,993	117,474	421,211	502,259
Cash at bank snd in	hand			1,967,769	1,549,208	1,935,&07	1,493,418
Total Current Assets				2,147,008	1,739,006	2,420,119	2,059,5$5
Liabilities
Creditors falling due	wdhln cne year		23	(163,434)	(164,976)	(124,515)	(119,610)
Net Current assets				1,964,374	1,555,010	2,295,604	1,939,077
Total assets less current liabilities				3,005,534	2,502,020	3,211,375	2,042,841
Creditors falling dua after one year			24	(173264)	(160,943)
Net assets				2,832,270	2,332,077	3,211,375	2,842,041
The funds ofthe charity:
Restricted income funds			25	363,559	129,634	363,559	129,634
Unrestricted income	funds		25	355,571	626,500	734,676	1,137,264
Unrestricted designated		funds	25	2,113,140	1,575,943	2,113,140	1,575,943
Total charity funds				2,032,270	2,332,077	3,211,375	2,842,041

						2022	2021
Nst cash	provided by (used	in) operating	activities			645,952	401,264
Cash flows from investing activities:
Dmidends,	interest and rents from investments					229	697
Proceeds	from the sales of	property, plant snd equipment					3,079
Purchase	of properly, plant	and equipment
Net cash	provided by (used	in) investing	activi6es			(227,391)	(96,676)
Cash flows from financing activities:
Repayments ofborrowing							(12,321
Net cash	provided by (used	in) financing	activities				(12,321)
Change In cash snd cash		equivalents	In the reporting	period		418,561	292,287
Cash and	cash equivalents	at the beginning ofthe reporting			period	1,&8,208	1,256,941
Cash and	cash equivalents	stthe end	ofthe reporting		peniod

Asset Category			Ahhus1	I'ate
Goodwifi			3years straight		line
Intangible assets			5years straight		line
Freehold land is		not depreciated
Long leasehold	buildings		10years	straight	line
Plant, equipment		end motor vehicles	10years	straight	line
I) Stock
Stock is included		at the lower ofcost or net realisable value. Donated		items	ofstack ars
recognised on receipt at fair value which is the amount the chanly would have been willing to
pay for the items		on the open market.

					2022	2021
						6
Incoming resources Wildwood				Trust	2,945,677	2,238,694
					2,945,677	2,238,694
Expendhure		on charitable	activities		(2,577,143)	(1,996,473)
Net income					308,034	242,221
Total funds		brought forward			2,842,841	2,6M,620
Total funds		carried Forward				m, I
Represented		by:
Restricted	income funds					129,634
Unrestricted		income Funds			Z047.810	2.713207
						2.rlt

Income from donations	Income from donations
Donations	and legacies	Unrestricted	Restricted	Total	Total
		funds	funds	Funds	funds
				2022	2021
				6	6
Donations	received	297,468	383,748


Income from activities for generating		funds
			Unrestricted	Total	Total
			funds	funds	funds
				2022	2021
			6	6	6
Shop acorns			224,973	224,973	74,955
Restaurant	income		555,073	555,073	293,218
			780,046	780,046	368,173

Incom	e from	charitable activ	ities
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
						2022	2021
						6	6
Animal	collerkon - Admissions		and events	958,266		958,286	601,677
Animal	collection - Membership		subscrlptions	1,391,187		1,391,187	1,299,412
Conservation		programmes		17,426		17,426	12,138
Education				114,458		114,458	35,938
Other	income			33,525		33,525	274,803
Total	income	fram charitable	activities	2,514,882		2,514,882	222h968

The summary Bnan	cial perf	orma	nce ofth	e subsidiary alone is:
					2022	2021
					6	2
Turnover					1,010,309	733,124
Cost ofsales snd administration			costs		(875,330)	(841,417)
FRS102lease accounting		adjustment			(3,321)	(13,615)
Net profit I(loss)
The assets and liabilities of		the	subsidiary	were:
Fixed assets					171,155	69,912
Current assets					81,647	96,962
Current liabilities					(58,919)	(83,468)
Owed by subsidiary	undertakings				(353,959)	(418,461)
Long term liabilities						(169,943)
Total net assets					(333,340)	(464,998)
Aggregate share capital and reserves

9	Analysis ofexpenditure	Analysis ofexpenditure	Analysis ofexpenditure	on commercial	on commercial	activities
							Unmstrlctad	Restricted	Total	Total
							funds	funds	funds	funds
									2022	2021
							6		6	E
	Shop costs						267,955		267,955	160,429
	Restaurant	costs					389,520		389,520	282,516
	Supped costs						122,689		122,889	120,342
	Total						780,364		780,364	563,287
10	Analysis ofexpenditure			on chsdtable		activities
							Unrestricted	Restricted	Total	Totai
							funds	funds	funds	funds
									2022	2021
							8	6	6	6
	Animal collecuon costs, education				and
	conservation						2,532,618	149,823	2,662,441	2,177,874
	Total						2,532,618	149,823	2,el2,441	2,177,874
11	Analysis of	governance		and support costs
								Unrestricted	Total	Total
								funds	funds	funds
									2022	2021
									E
	Audit fees							9,025	9,025	9,025
	Intangible asset amortisation							4,350	4,350	4,350
	Total							13,375
12	Net income/expenditure			for the	yser
								2022	2021
	This isstated		after chsrgingr						6
	Coronavirus	Jcb Retention		Scheme grant		income		20,219	260,173
	Staff pension		contributions					45,513	44,690
	Lass on disposal							8,700	3,180
	Depreciation							120,420	96,434
	Amortisation							4,350	4,350
	FRS 102lease accounting			adjustment				3,321	13,615
	Auditoffs remuneration
	Audit fees							5,575	5,575
	Accountancy	services						3,450	3,450

Intangible fixed assets - Group	Intangible
	assets	Goodvdg	Total
	8	6	6
Cost:
As at 1 April 2021	21.750	45,765	67,515
Additions
Disposal	(21,750)		(21,750)
As at31 March 2022		45,765	45,755
Amortisation:
As at I April 2021	8,700	45,765	54,465
Charge for the year	4,350		4,350
Disposal	(13,050)		(13,050)
As at 31 March 2022		45,765	45,765
Net book value
As at 31 March 2021	13,050		13,050
As st 31 March 2022

Tangible fixed assets - Group
		Long	Plant,
	Freehold	leasehold	machinery,	Total
	lend and	land and	motor
	buildings	buildings	vehicles
		6
Cost:
As at I Apr8 2021	555,000	939,151	105,849	1,600,000
Additions	80,000	137,625	9,995	227,620
As at 31 March 2022	635,000	1,076,776	115,844	1,827,620
Depreciation:
As at 1 April 2021		594,916	71,124	666,040
Charge for the year		114,952	5468	120,420
As at 31 March 2022		709,888	76,592	786,480
Net book value
As at 31 March 2021	555.000	344,235	34,725	933,960
As at 31 March 2022	635,000	366,908	39,252	1,041,168

Tangible fixed assets - Cltarlty
		Long	Plant.
	Freehold	leasehold	machinery,	Total
	land and	Mnd and	motor
	buildings	buildings	vehicles
	f	8	6
Cost:
As at 1 April 2021	55,000	787,763	102,647	945,410
Additions	80,000		9,995	89,995
Disposals
As at 31 March 2022	135,000	787,763	112,642	1,035,405
Depredation:
As at 1 April 2021		533,440	67,922	601,382
Charge for lhe year		58,570	5,468	64,038
Dispossls
As at 31 March 2022		592,010	73,390	665,400
Nat book value
As at 31 March 2021	55,000	254,323	34,725	344,048
As at 31 March 2022	135,000	195,753	39,252	370,005

Debtors
			Group		Charity
			2022	2021	2022	2021
			0	8	8	6
Trade debtors			63,120	24,528	54.051	21,195
Other debtors				6,136		4,246
Prepayments and accrued income			40,873	86,810	13,201	50,357
Amount due from subsidiary		undertaking			353,959	418,461
			103,993	117,474	421 211	5 59
Creditors: amounts	falling	due within one year
			Group		Charily
			2022	2021	2022	2021
			6	6	5	8
Trade creditors			84,529	89,374	57,222	40,824
Other creditors and	sccruals		46,673	63,895	23,152	53,800
Taxation and social	security	costs	52,232	31,707	44,141	24,994
			183,434	184.970	124,515	119,610

Credit	ors: amo	unts falling due after one	year
			Group		Charity
			2022	2021	2022	2021
			8	8	5	5
Lease	incentive	accrual	173,284	169,943
			173,264	169,943

Analysis of	Analysis of	movements	movements	in unrestricted	funds
					Balance					Funds
					1stApril		Income	Expenditure	Transfers	31Idarch
						2021				2022
						6
Designated:
Contingency		fund				812,803			437,197	1,250,000
Investment		fund				500,000				500,000
Legacy stabilisalion			fund			163,140				163,140
School ofrewilding			fund			100,000			100,000	200,000
						1,575,943			537,197	2,113,140
General fund						626,500	3,592,625	(3.326,357)	(537,197)	355,571
Total					2,202,443		3,592,625	3,326,357		2,468,711
Analysis of	movements			In unrestricted	funds	-previous	year
					Balance					Funds
					1stApril		Income	Expenditure	Tmnsfers	31 INarch
						2020				2021
						6		6	6	E
Designated
Contingency		fund				612,803				812,803
Investment	fund					500,000				500,000
Legacy stabilisation			fund			163,140				163,140
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					1,886,487		3,062,524	(2,746,578)		2,202,443

					Balance				Funds
					1st April	Income	Expenditure	Transfers	S1 March
					2021				2022
Education	grants				1,072		(1,072)
Playground		grants			1,581		(1,581)
Conservation		centre			665		(665)
Endangered		species			126,316	383,748	(146,505)		363,559
Total					129,634	383,748	149,823
Analysis	of	movemants	in restricted	funda	- previous year
					Balance				Funds
					1st Aprg	Income	Expend/ture	Transfers	31 March
					2020				2021
					6
Education	grants				1,072				1,072
Playground		grants			1,810		(229)		1,581
Conservation		centre			4,561		(3,896)		665
Endangered		species			117,824	12,325	(3,833)		126,316
					125,267	12,325	7,955		129,834
Analysis	of	group net assets between		funds
						General	Designated	Restricted	Total
						Fund	Funds	Funds
						5
Tangible	fixed assets					511,102	500,000	30,058	1,041,160
Cash at bank and in hand						1,005,974	628,294	333,501	1,967,769
Other net	current assets/(liabilities)					(3,395)			(3,395)
Creditors	of	more lhsn one year				(173,264)			(173,264)
Total						1,340,417	1,128,294	36S,559	2,832,270
Analysis	of	group net assets between		funds	- previous year
						General	gesignated	Restricted	Total
						Fund	Funds	Funds
						6
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	of	more than one year				(156,328)			(156328)
Total						758,203	1,129,294	125,287	2,011,784

		Group		Charfty
		2022	2821	2022	2021
		E		E	E
At 31 March 2022, the	group and charity
had total commitmenls	under
non-canceIable operating leases as
follows:
Land and buildings:
-Less than 1 year		29,950	29,950
-1-5years		204,667	204,667
—Greater than 5years		2,258,767	2,288,717
		2,493,384	2,523,334

			2022	2021
			E	E
Nel incoming resources			500,193	320,313
Interest from investments			(229)	(697)
Loss on disposal			8,700	3,180
Depreciation			120,420	98,434
Amortisation			4,350	4,350
Dacmsse/(increase)	in stacks		(2,742)	(10,878)
Decrease/(increase)	in debtors		13,481	(65,075)
Decrease/(increase)	in creditors		1,779	53,637
Net cash inflow from	operating	activities	645,952	401,264

		E
(Decrease)/increase	in cash in the year	418,561
Existing borrowing
Funds in from borrowing
Change in net funds		418,561
Net funds at 1 April	2021	1,549,208
Net funds at 31 March 2022		1,967,769

						At 1 April	Cash flow	Non-cash	At 31 March
						2021		changes	2022
						E	E	E	E
Cash	at	bank	and	in	hand	1,549,208	418,561		1,967,769