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|Trustees'
report||1-7|
|Independent
examiner's
report|||
|Statement offinancial|activities||
|Balance sheet||10|
|Cash flow statement|||
|Notes to cash flow statement||12|
|Notes to the financial|statements|13-24|
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|||||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|
||||Notes|funds|funds|2021|2020|
|Income||||||||
|Donations
and legacies|||||85,863|85,898|435,546|
|Income from charitable|activities:|||||||
|Nature conservation||||155,216|53,078|208,294|191,979|
|Other income|||||2,390|2,390|24,107|
|Investment
income|||||3,283|3,283|4,000|
|Trading
Income||||3,000|6,669|9,669|11,694|
|Total income||||158,251|151,283|309,534|667,326|
|Expenditure||||||||
|Expenditure
on raising|funds:|||||||
|Fundraising
and publicity||||21,817|17,693|39,510|53,847|
|Expenditure
on charitable||activities:||||||
|Reserves||||131,549|139,505|271,054|363,285|
|Total expenditure||||153,366|157,198|310,564|417,132|
|Net gain/(loss)
on investments|||||3,870|3,870|(4,799)|
|Net income/(expenditure)||for the year||4,885|(2,045)|2,840|245,395|
|Transfers||||140|(140)|||
|Net movement
in funds||||5,025|(2,185)|2,840|245,395|
|Reconciliation
offunds||||||||
|Total funds brought
forward||||94,668|874,301|968,969|723,574|
|Total funds carried forward||||99,693|872,116|971,809|968,969|
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|||||Note||2021||2020|
|---|---|---|---|---|---|---|---|---|
|||||||E|||
|Net cash (outflow)/inflow||from|||||||
|operating
activities||||||(14,659)||416,686|
|Cash flows from investing||activities|||||||
|Interest received|||||3,283||4,000||
|Payments
to acquire fixed|assets||||(4,519)||(13,351)||
|Net cash used ininvesting||activities||||(1,236)||(9,351)|
|Change in cash and cash|equivalents||in||||||
|the reporting period||||||(15,895)||407,335|
|Cash and cash equivalents||at the|||||||
|beginning
ofthe reporting|period|||||835,949||428,614|
|Cash and cash equivalents||at the end|||||||
|ofthe reporting
period||||||820,054||835,949|
|Relating to:|||||||||
|Cash at bank and
in hand||||||820,054||835,949|
##
|No|tes to the cash flow statement|tes to the cash flow statement|tes to the cash flow statement|tes to the cash flow statement|||
|---|---|---|---|---|---|---|
|1|Reconciliation
of net income to net cash inflow from operating||||activities||
||||||2021|2020|
||Net income for the year||||2,840|245,395|
||Interest receivable||||(3,283)|(4,000)|
||Depreciation||||15,848|17,373|
||Profit on sale offixed|assets||||(293)|
||(Gains)/losses
on investments||||(3,870)|4,799|
||Decrease
in debtors||||1,298|129,148|
||(Increase)
in Stock||||(672)||
||(Decrease)/increase|in|creditors||(26,820)|24,264|
||Net cash (outflow)/inflow||from operating|activities|(14,659)|416,686|
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|Donations|and legacies|||
|---|---|---|---|
|||2021|2020|
|Donations|*|85,898|67,875|
|Legacies|||355,437|
|||85,898|423,312|
##
|Income from cha|ritable|activities|||||
|---|---|---|---|---|---|---|
||||Restricted|Unrestricted|2021|2020|
||||||Total|Total|
||||||f,||
|Rural Payments|Agency|—Higher Level Stewardship||||12,148|
|Rural Payments|Agency|—Single Farm Payment Scheme||58,827|58,827|58,880|
|Rural Payments|Agency|—Grant Claw Back||(16,362)|(16,362)|(27,611)|
|Council ofthe Isles ofScilly —AONB|||120,000||120,000|124,812|
|Natural
England||||8,113|8,113|7,667|
|Duchy of Cornwall||||2,500|2,500||
|Council ofthe Isles of Scilly - BEES|||2,712||2,712||
|Royal Society of|Wildlife|Trusts|29,272||29,272|14,256|
|Oxford Innovation|||3,232||3232|1,827|
||||155,216|53,078|208,294|191,979|
|Forthe year ended 31 March 2020|||||||
|Restricted||||||140,895|
|Unrestricted||||||51,084|
|||||||191,979|
|nvestment.
income|||||||
||||||2021|2020|
||||||E||
|Bank interest receivable|||||2,382|2,833|
|Dividends
receivable|||||901|1,167|
||||||3,283|4,000|
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||||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Restricted|Unrestricted|Total|Total|
||||||||||F||
|Raising funds|||||||||||
|Staff Costs|||||||17,645|13,995|31,640||
|Fundraising||and|publicity||||4,172|3,698|7„870|53,847|
||||||||21,817|17,693|39,510|53,847|
|Charitable|activities||||||||||
|Staff costs|||||||109,708|78,450|188,158|209,142|
|Estate management,||||tools and equipment|||12,949|11,514|24,463|45,809|
|Other administration||||expenses|||4,441|34,938|39,379|88,962|
|Depreciation|||||||4,451|11,397|15,848|17,373|
||||||||131,549|136,299|267,848|361,286|
|Governance||costs|||||||||
|Independent||examiner's|||fees|||2,700|2,700|1,860|
|Trustees meeting|||costs|||||506|506|139|
|||||||||3,206|3,206|1,999|
||||||||153,366|157,198|310,564|417,132|
|Forthe year||ended||31 March 2020|||||||
|Restricted||||||||||214,478|
|Unrestricted||||||||||202,654|
|||||||||||417,132|
|Net income/(expenditure)|||||for the year||||||
||||||||||2021f|2020f|
|This is stated||after charging/(crediting):|||||||||
|Independent||examiner's|||fees||||||
|-for independent|||examiner services|||—current year|||2,100|1,500|
|||||||- prior year|||600|150|
|Depreciation|||||||||15,848|17,373|
##
##
||||2021|2020|
|---|---|---|---|---|
||||f.|f.|
|Staffcosts were as||follows:|||
|Salaries|and wages||202,983|192,215|
|National|Insurance|payments|13,471|13,751|
|Pension|costs||3,344|3,176|
||||219,798|209,142|
|2021|2020|
|---|---|
|No|No|
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|11|Tangible fixed assets|||||||
|---|---|---|---|---|---|---|---|
|||Leasehold|Plant|&|Motor|||
|||property|equipment|E|Vehiclesf||Total
E|
||Cost|||||||
||At 1 April 2020|139,511|79,547||59,281|278,339||
||Additions||4,519||||4,519|
||Disposals||(1,420)||||(1,420)|
||At 31 March 2021|139,511|82,646||59,281|281,438||
||Depreciation|||||||
||At 1 April 2020|35,938|60,636||54,461|151,035||
||Charge for the year|5,524|7,973||2,351||15,848|
||Disposals||(1,420)||||(1,420)|
||At 31 March 2021|41,462|67,189||56,812|165,463||
||Net book value|||||||
||At 31 Ilarch 2021|98,049|15,457||2„469|115,975||
||At 31 March 2020|103,573|18,911||4,820|127,304||
|12|Investments|||||||
|||||||M8G|equity|
||||||investment||fund|
||||||||F|
||Valuation|||||||
||At 1 April 2020||||||16,700|
||Revaluation||||||3,870|
||At 31 March 2021|||||20,570||
||Cost at 31 March 2021 and 2020||||||4,540|
|13|Debtors|||||||
||||||2021||2020|
||||||||F|
||Other debtors||||21,262||25,132|
||P repayments||||7,839||5,267|
||||||29,101||30,399|
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|14|Creditors: amounts|falling due within one year|||
|---|---|---|---|---|
||||2021|2020|
||||F||
||Trade creditors||2,273|3,089|
||Accruals||12,290|10,683|
||Other creditors|||27,611|
||||14,563|41,383|
|15|Analysis ofnet assets between funds -2021|||||
|---|---|---|---|---|---|
||||Restricted|Unrestricted||
||||funds
f|funds|Total
f.|
||Tangible assets||73,267|42,708|115,975|
||Investments|||20,570|20,570|
||Net current assets||26,426|808,838|835,264|
||||99,693|872,116|971„809|
|16|Analysis ofnet assets between funds —comparative|period||||
||||Restricted|Unrestricted||
||||funds|funds|Total|
||||E|K|E|
||Tangible assets||75,008|52,296|127,304|
||Investments|||16,700|16,700|
||Net current assets||19,660|805,305|824,965|
||||94,668|874,301|968,969|
##
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|17|Analysis ofmovements
of|funds - 2021|funds - 2021||||||
|---|---|---|---|---|---|---|---|---|
|||||Brought|Income|Expenditure||Carried|
|||||forward|8 gains|8 losses|Transfers|forward|
||||||E|||E.|
||Restricted funds:||||||||
||Trenoweth
Building
(Depreciation)
Area of Outstanding
Natural
Beauty|||75,008||(4,000)||71,008|
||(AONB)||||120,000|(120,140)|140||
||Historic
England
Archaeology/Land||||||||
||Management
Project
RSWT
— SDF230
Friends||and|1,531||||1,531|
||Patrons ofScilly|||14,256|1,584|(15,840)|||
||In-Memoriam|||3,873|3,000|(2,179)||4,694|
||Saving Scilly*s Atlantic Grey|Seals|||35|||35|
||Oxford Innovation
RSWT —Covid Recovery
RSWT —Carbon Reduction
Business Energy Efficiency|Scheme|||3,232
17,688
10,000
2,712|(3,232)
(5,976)
(1,547)
(452)||11,712
8,453
2,260|
|||||94,668|158,251|(153,366)|140|99„693|
||Unrestricted
funds:||||||||
||General reserve|||313,805|151,283|(157,198)|(24,935)|282,955|
||Revaluation
reserve|||12,160|3,870|||16,030|
||Designated
Fund —Fixed Assets|||8,389||||8,389|
||Designated
Fund - Capital|||31,400|||5,000|36,400|
||Designated
Fund —Running|Costs||153,110|||19,795|172,905|
||Designated
Fund
—|Project||355,437||||355,437|
||Development||||||||
|||||874,301|155,153|(157,198)|(140)|872,116|
|||||968,969|313,404|(310,564)||971,809|
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|||||||Brought|Income|Expenditure||Carried|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||forward|&gains|&losses|Transfers|forward|
|||||||F||E|E||
|Restricted funds:|||||||||||
|Trenoweth
Building|||(Depreciation)|||79,007||(3,999)||75,008|
|Area of Outstanding|||Natural||Beauty||||||
|(AONB)|||||||135,563|(135,700)|133||
|Historic
England||Archaeology/Land|||||||||
|Management
Halpin Trust|Project
2019Project|||||5,061
52,000||(3,530)
(54,311)|2,311|1,531|
|RSWT
-|SDF230
Friends||||and||||||
|Patrons ofScilly|||||||14,256|||14,256|
|In-Memoriam|||||||5,000|(1,127)||3,873|
|Saving Scilly's Atlantic Grey||||Seals|||7,822|(13,984)|6,162||
|Oxford Innovation|||||||1,827|(1,827)|||
|||||||136,072|164,468|(214,478)|8,606|94,668|
|Unrestricted|funds:||||||||||
|General reserve||||||535,754|502,858|(202,654)|(522,153)|313,805|
|Revaluation|reserve|||||16,959||(4,799)||12,160|
|Designated|Fund|—Fixed Assets||||8,389||||8,389|
|Designated|Fund|—Capital||||26,400|||5,000|31,400|
|Designated|Fund|—Running||Costs|||||153,110|153,110|
|Designated|Fund|-|Legacies||||||355,437|355,437|
|||||||587,502|502,858|(207,453)|(8,606)|874,301|
|||||||723,574|667,326|(421,931)||968,969|
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|||||Restricted|Unrestricted|Total|
|---|---|---|---|---|---|---|
||||Notes|funds|funds|2020|
|||||F||F|
|Income|||||||
|Donations
and legacies||||12,822|410,490|423,312|
|Income from charitable|activities:||||||
|Nature conservation||||140,895|51,084|191,979|
|Subscriptions|||||12,234|12,234|
|Other income||||10,751|13,356|24„107|
|Investment
income|||||4,000|4,000|
|Trading
Income|||||11,694|11,694|
|Total income||||164,468|502,858|667,326|
|Expenditure|||||||
|Expenditure
on raising funds:|||||||
|Fundraising
and publicity||||53,670|177|53,847|
|Expenditure
on charitable||activities:|||||
|Reserves||||160,808|202,477|363,285|
|Total expenditure||||214,478|202,654|417,132|
|Net loss on investments|||||(4,799)|(4,799)|
|Net (expenditure)/income||for the year||(50,010)|295,405|245,395|
|Transfers||||8,606|(8,606)||
|Net movement
in funds||||(41,404)|286,799|245,395|
|Reconciliation
offunds|||||||
|Total funds brought
forward||||136,072|587,502|723,574|
|Total funds carried forward||||94,668|874,301|968,969|
##
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|---|---|---|---|---|---|---|---|---|---|
|Year ended 31Ma|rch||20|21||||2021|2020|
|Income||||||Restricted|Unrestricted
f.|Total
E|Totalf|
|Income from donations|||and|legacies:||||||
|Donations||||||35|71,310|71,345|67,875|
|Legacies|||||||||355,437|
|||||||35|71,310|71,345|423,312|
|Investment income.||||||||||
|Bank interest receivable|||||||2,382|2,382|2,833|
|Dividend
income|||||||901|901|1,167|
||||||||3,283|3,283|4,000|
|Income from charitable||activities:||||||||
|Nature conservation-||||||||||
|Grants receivable||||||155,216|67,631|222,847|191,979|
|Other income
Sales income||||||3,000|2,390
6,669|2,390
9,669|24,107
11,694|
|||||||158,216|76,690|234,906|240,014|
|Total income||||||158,251|151,283|309„534|667,326|
|Expenditure||||||||||
|Cost ofraising funds:||||||||||
|Salaries and Wages||||||17,645|13,995|31,640||
|Fundraising
and publicity||||||4,172|3,698|7,870|53,847|
|Charitable
activities:||||||||||
|Salaries and wages||||||109,708|78,450|188,158|209,142|
|Estate management,|tools K|||equipment||12,949|11,514|24,463|45,809|
|Rent, rates, repairs|||||||1,016|1„016|24,219|
|Telephone|||||||3,369|3,369|4,116|
|Insurance|||||||3,905|3,905|4,467|
|Light 8 heat|||||||595|595|2,450|
|Travel||||||3,095|8,397|11,492|23,872|
|Printing,
postage, stationery||||8 office equip||1,125|1,377|2,502|397|
|Motor expenses|||||||2,927|2,927|3,593|
|Training costs|||||||1,020|1,020|4,705|
|Subscriptions
and sundry|||costs|||221|8,910|9,131|6,613|
|Computer costs
Recharges|||||||3,928|3,928|3,048
11,482|
|Depreciation
Governance
costs:||||||4,451|11,397|15,848|17,373|
|Independent
examiners'|||fees||||2,700|2,700|1,999|
|Total expenditure||||||153,366|157,198|310,564|417,132|
|||||||4,885|(5,915)|(1,030)|250,194|
|Net gains/(losses)
on|investments||||||3,870|3,870|(4,799)|
|Net
income/(expenditure)
before transfers||||for the|year|4,885|(2,045)|2,840|245,395|