OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-03-31-accounts

Registered Charity Number: 1099222

THE ECOLOGY TRUST

TRUSTEES’ REPORT AND UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2021

Goldwins Limited Chartered Accountants & Registered Auditors 75 Maygrove Road West Hampstead London NW6 2EG

The Ecology Trust

Index

areas 31 March 2021

Pages
Legal and administrative details 1
Trustees’ Annual Report 2-8
Independent Examiner’s Report 9
Statement ofFinancial Activities 10
Balance Sheet j1
NotestotheFinancialStatements 12-17

The Ecology Trust

Reference and Administrative Details

Year ended 31 March 2021

Ful] name of Charity The Ecology Trust Governing document Settlement dated 4 April 2003 between The Goldsmith Foundation and the Trustees (listed below). Full name of Charity The Ecology Trust Charity Registration number 1099222 Date of first registration 1 September 2003 Description of constitution The Trustees shall hold the trust fund and its income upon trust to apply them for all charitable purposes and in particular to promote sustainable development for the benefit of the public by the preservation, conservation and the protection of the environment, the prudent use of natural resources, the relief of poverty and the improvement of the conditions of life in socially and economically disadvantaged communities. Chair Charles Filmer Hon. Secretary Jon Cracknell Treasurers LJ Private Office (UK) Limited Trustees Charles Filmer (Chair) ABH Goldsmith B J Goldsmith J T C Cracknell (resigned 18 March 2021) C Colbert (appointed 18 March 2021) Registered Address 48 Kidmore Road Caversham Reading, RG4 7LU Bankers Triodos Bank NV Brunel House 11 The Promenade Bristol BS8 3NN Accountants Goldwins Limited 75 Maygrove Road West Hampstead London NW6 2EG

i

The Ecology Trust Trustees’ Annual Report

Year ended 31 March 2021

The trustees present their report along with the financial statements of the charity for the year ended 31 March 2021. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s trust deed, the Charities Act 2011 and the Charities SORP FRS 102 (effective from 1 January 2015).

1) STRUCTURE, GOVERNANCE AND MANAGEMENT

a) Constitution

The Charity’s Constitution was adopted on 4 April 2003 in the form of a Trust Deed.

b) Recruitment of trustees

The Trust Deed states that the Charity shall have at least three and not more than seven trustees. Trustees may either be appointed by the Goldsmith Foundation, with whom the original trustees entered into the Settlement dated 4 April 2003, or by the existing trustees who may co-opt two further trustees providing the total number of trustees does not exceed seven.

c) Induction of trustees

New trustees are introduced to the existing trustees and then take part in trustee meetings.

d) Trustees’ responsibilities

The Charity’s trustees are responsible for preparing financial statements for each financial year that give a true and fair view of the Charity’s incoming resources and application of resources during the year and its state of affairs at the end of the year.

In preparing the financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial! position of the charity and enable them to ensure that the financial statements comply with the applicable Accounting Standards and Statements of Recommended Practice and the regulations made under the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and provisions of the Settlement dated 4 April 2003. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

e) Organisation

The current members of the Board of Trustees are set out on page 1.

es

The Ecology Trust Trustees’ Annual Report

Year ended 31 March 2021

Due to the Covid-19 pandemic the trustees have been using email and online calls to take decisions. The Secretary remains responsible for day-to-day organisation and reports to the trustees. Applications for funding of projects are reviewed by the Board of Trustees for approval.

f) Risk management

The trustees have examined the major strategic, business and operational risks to which the Trust is exposed, particularly those related to the operations and finances of the Trust, and are satisfied that systems are in place to mitigate its exposure to them.

A risk register is in place and a risk review officer has been appointed to periodically review the systems and procedures and ensure they still meet the needs of the charity.

2) OBJECTIVES AND ACTIVITIES

a) The objects of the Charity

The objects of the Charity are as follows:

“The trustees shall hold the Trust fund and its income upon trust to apply them for all charitable purposes and in particular to promote sustainable development for the benefit of the public by:-

Sustainable development to mean development that meets the needs of the present without compromising the ability of future generations to meet their own needs.”

The trustees confirm that they have complied with the duty in section 17 ofthe Charities Act 2011 and referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the Trusts aim and objectives, planning future activities and setting the grant making policy for the year.

b) The aims of the Charity

The charity is a grant-making Trust. Grants will be made both to charities and also to non-charities in support of work that advances the charitable purposes of the Trust. As indicated below, the principal objective of the Trust, reflected in its name, is to support ecological and environmental initiatives, particularly, but by no means exclusively, around the issues of agriculture, tropical forests, and climate change. The Trust also intends to help local community groups working on environmental issues in the United Kingdom and overseas, so as to empower people to contribute to policy development and to participate in planning and decision-making at the local level.

It will seek to support projects that prevent environmental degradation and that change values and attitudes, both amongst the public and with people in positions of power. In general the Trust seeks to address the causes of the environmental crisis that we face, and to tackle these, rather than to make the consequences of this crisis easier to live with.

Subject to the above, the Trust intends to support work that others may find hard to fund, perhaps because it breaks new ground, requires core funding, or appears risky in the sense that the outcomes cannot be completely 3

The Ecology Trust Trustees’ Annual Report

Year ended 31 March 2021

guaranteed. The Trust may also take its own initiatives where it believes that new thinking is required or where it believes that there are important opportunities that are being missed. Because the Trust does not have an endowment of its own its main sources of funding are monies raised at fund-raising dinners, and grants provided by other trusts and foundations. The grants strategy of the Trust flows from this, with an emphasis on supporting initiatives in line with the fund-raising that is carried out. One consequence of this is that the Trust very rarely makes grants in response to unsolicited funding applications. Instead it operates a proactive grant-making policy in relation to the issues for which it has received funds.

At the present time the Trust’s main priorities include:

i) Climate change

Scientific evidence of the risks posed by climate change grows stronger by the month. The Trust seeks to accelerate the transition towards less carbon-intensive societies and economies by funding work along the following lines:

ii) Supporting local communities

The Trust is keen to provide support to local community groups that are working to achieve sustainable development in their local area. The Trust remains committed to looking for ways to help empower these groups and to pump-prime their activity, via the provision of start-up grants, for example.

iii) Protecting the environment of Ibiza and Formentera

During the year the Trust continued to provide some administrative support to IbizaPreservation (www.ibizapreservation.org), although many of [bizaPreservation’s activities are now undertaken through a Spanish non-profit organisation. IbizaPreservation helps protect the environment of Ibiza and Formentera, which has suffered considerable damage as a result of mass tourism. As with other initiatives supported by the Trust, the grant-making strategy for the IbizaPreservation has been developed by drawing on the advice of experienced environmentalists, in this case located in Ibiza and in mainland Spain. iv) Making the case for the enforcement ofenvironmental regulations and other social protections During the year the Trust continued to support Unchecked UK, which makes the case for common-sense protections that help keep people safe and allow businesses to thrive. The initiative is supported by a diverse group of leading civil society organisations. Fifty organisations with a combined membership of several million people are now signed up as supporters of Unchecked UK. Unchecked UK carries out research and investigations to highlight the loss of protection for the UK public that results from the erosion of important regulations and of the public bodies which enforce them, highlighting cuts to the budgets of local authorities and agencies such as the Environment Agency and Natural England. Unchecked UK’s communications research has shown that very few members of the public are in favour of lower standards and weaker protections.

iv) What the Trust willfund

The Trust will look to fund:

e Both project and core costs. These will include running costs such as staff salaries and overheads.

4

The Ecology Trust Trustees’ Annual Report

Year ended 31 March 2021

vi) Exclusions

The Trust is unlikely to make grants to the following kinds of projects:

c) Main objectives for the year

The Charity’s main objectives for the year were to continue making grants in line with the policies set out above, in particular in support of the Leuser Ecosystem Action Fund, and to support IbizaPreservation and Unchecked UK.

3) ACHIEVEMENTS AND PERFORMANCE a) Grants made

i) Grants to UK initiatives

e UK Without Incineration Network (UIK-WIN) — £10,000

The Trust supported UK Without Incineration Network’s work with local communities in relation to waste management, and in particular in pursuit of zero-waste strategies that help to reduce greenhouse gas emissions as well as reducing other forms of pollution.

e Students Organising for Sustainability — £5,000

COP26 in Glasgow was originally due to take place at the end of 2020, but it was delayed due to the Covid19 pandemic. In order to try and keep up momentum for action Students Organising for Sustainability worked with partners around the world to organise the online Mock-COP. This showed what might happen if young people were entrusted to run the actual United Nations COP process. The Trust made a grant in support of this initiative.

e Climate Movement — £4,500

This grant helped the UK Climate Movement (via The Climate Coalition) to demonstrate widespread public support for a recovery from Covid-19 in which climate change and nature were put front at centre, by helping members of the public engage with their MPs.

e Wildlife & Countryside Link — £5,000

This grant helped Wildlife & Countryside Link to make the case for a National Nature Service as one response to the Covid-19 pandemic. Such a programme would employ and train people quickly, with a focus on disadvantaged communities. It would improve access to nature and protect the country from the effects of climate change and biodiversity loss.

5

The Ecology Trust Trustees’ Annual Report

Year ended 31 March 2021

ii) Grants tackling deforestation and biodiversity loss in Indonesia, primarily in the Leuser Ecosystem

e Rainforest Action Network — £43,611 ($54,310)

The Trust supported Rainforest Action Network (RAN) and their work to protect Indonesian forests. RAN sought to persuade international companies to reform their supply chains such that tropical forest is no longer converted into plantations for the production of agricultural commodities.

e Forum Konservasi Leuser — £70,136 ($87,955)

The Trust’s support for Forum Konservasi Leuser (FKL) focused on the Leuser Ecosystem, and in particular on protecting endangered wildlife by funding ranger patrols and supporting infrastructure. This is essential in order to curb illegal forest activity, including both poaching and illegal logging.

e Yayasan Ekosistem Lestari— £20,000

This grant from the Trust supported Yayasan Ekosistem Lestari (YEL) to create a baseline habitat map of the peatlands that form part of the Leuser Ecosystem. The outputs from the project included a database of biophysical characters and forest coverage. This is being used to support conservation and rehabilitation projects.

e Sumatran Orangutan Conservation Programme — £14,856

This grant from the Trust supported the Sumatran Orangutan Conservation Programme (SOCP) and their work protecting orangutans from the risks posed by Covid-19. This includes work to reintroduce orangutans to parts of Sumatra where they used to thrive, so as to create new self-sustaining wild populations.

e Orangutan Information Centre — £13,250

The Trust supported the Orangutan Information Centre (OIC) in its efforts to improve the status and function of the Trumon Wildlife Corridor, which supports biodiversity and wildlife migration in the Leuser Ecosystem. OIC worked with local communities and the local government to promote eco-tourism, and environmental education.

e Yayasan Ekosistem Lestari — £15,462 ($20,000)

The Trust supported Yayasan Ekosistem Lestari (YEL) to help them map and classify land cover in the Leuser Ecosystem, with a focus on land of high conservation value. Accurate [and cover data is vital for long-term conservation strategies as they help distinguish between areas that should be conserved and those where development is more appropriate.

e Yayasan Ekosistem Lestari — £26,981 ($35,000)

Yayasa Ekosistem Lestari (YEL) has been working with regional officials on a detailed management plan for the Leuser Ecosystem’s carbon-rich peatlands. YEL is providing facilitation and technical support for this process, with the goal being to improve the protection of these vital lowland forests. The Trust made a grant to help support this work.

e Orangutan Information Centre — £30,835 ($40,000)

This grant from the Trust helped the Orangutan Information Centre to restore the Singkil Swamp Wildlife Reserve in Indonesia, so that it provides a suitable environment for orangutans and other species. The project

6

The Ecology Trust Trustees’ Annual Report

Year ended 31 March 2021

involved training for local community groups, and the re-planting of50 hectares of degraded forest with native tree seedlings.

e Forum Konservasi Lestari— £19,374 ($25,000)

This grant from the Trust helped Forum Konservasi Lestari (FKL) to purchase land between the Singkil river and the Singkil swamp in the Leuser Ecosystem. This will enable the protection of this vital peatland which was previously being encroached on by illegal logging and road-building.

e lLembaga Bantuan Hukum Banda — £7,679 ($10,000)

The Banda Aceh Legal Foundation received support from the Trust to enable it to carry out a social mapping project for the community living in the Rawa Singkil wildlife reserve in Indonesia. The project collected information on the economic, social and political conditions that apply to villages based within and near the reserve. This information has been used to deliver more effective nature conservation strategies.

e Yayasan Hutan Alam Dan Lingkungan Aceh — £37,283 ($50,000)

Hutan, Alam dan Lingkungan Aceh (HAKA) received funding from the Trust to carry out a review of land use permits granted in ecologically important areas of Indonesia’s Leuser Ecosystem. The goal is to reduce the encroachment of oil palm plantations within the Leuser Ecosystem.

e Yayasan Pusaka Bentala Rakyat — £34,851

This grant supported Yayasan Pusaka Bentala Rakyat in their work with tribal communities in Indonesian Papua, whose land is being encroached on by agricultural development. The project supported the customary communities around and within the forest area, in order to protect and safeguard their rights to land, customary forests and food.

iii} Grants supporting environmental initiatives in [Ibiza and Formentera

The Fundacién para la Conservacidén de Ibiza y Formentera is the Spanish legal structure that underpins the work of IbizaPreservation. These two grants from the Trust supported the Fundacién to develop its ongoing collaboration with the Baleares University (UIB) to develop a Sustainability Observatory, tracking the impacts of mass tourism on Ibiza and Formentera, and then sharing the research findings with a wide range of stakeholders.

e Fundacién para la Conservacién de Ibiza y Formentera — £26,979 (€30,000) and then a further €19,000

These two grants from the Trust provided the Fundacién para la Conservacién de Ibiza y Formentera with support for its ‘Plastic Free Ibiza’ project which seeks to engage local businesses in reducing and then eliminating single-use plastics. It also recruits volunteers to help clean up plastic from beaches in Ibiza and Formentera, thereby raising public awareness of the need for behaviour change.

These two grants from the Trust underpinned the Fundacién para la Conservacién de Ibiza y Formentera’s work on the ‘Ibiza Produce’ initiative which works with organic farmers in Ibiza to help them expand the

7

The Ecology Trust Trustees’ Annual Report

Year ended 31 March 2021

market for their products in partnership with the island’s hospitality sector. The long-term goal is to reduce Ibiza’s reliance on imported food by helping to revitalise sustainable agriculture and bring abandoned farms back into use.

iv) Other grants

e Sustainable Human — £3,948 ($5,000)

The trust supported Sustainable Human to make an eight minute film showing how Amphibians Restore Balance to the Land, and help to counter the damage resulting from intensive agriculture systems.

4) FINANCIAL REVIEW

a) Policy on reserves

It is the policy to maintain unrestricted funds at a level sufficient to cover management and administration costs. The Trust continues to hold other unrestricted funds in order to cover future grant commitments.

b) Principal funding sources

The Ecology Trust does not have an endowment and therefore relies for its grant making on funds donated by individuals and other grant-making organisations.

During the financial year the Trust received restricted funds totalling £676,081 (2020: £622,549) from donations and fund raising activities and unrestricted income of £242 (2020: £1,747).

Expenditure was £752,346 (2020: £481,715) comprising grants detailed above, activity by the Environmental Funders Network, IbizaPreservation, and Unchecked UK, plus fund raising costs of £7,940 (2020: £6,156).

5) PLANS FOR FUTURE PERIODS

Grant-making activity

The Trust will continue to make grants in furtherance of its charitable objects, using the grant-making criteria set out above.

Administrative costs have been allocated on the basis of time spent on the activities of the individual funds and terms specified in restricted fund agreements.

Approved by the Board of Trustees and

signed on their behalf by

Charles Filmer Chair of Trustees

----- Start of picture text -----
Date: 250; 4 2027 ;
----- End of picture text -----

8

The Ecology Trust Independent Examiner’s Report to the Members of The Ecology Trust

Year ended 31 March 2021

I report on the accounts of the Trust for the year ended 31 March 2021.

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 section 145 of the 2011 Act and in carrying out my examinationI have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

Since the Trust’s gross income exceeded £250,000, I confirm that J am qualified to undertake the examination because I am a member of the ICAEW, which is one of the listed bodies.

I have completed my examination. I confirm that 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

  2. 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 an 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 this report in order to enable a proper understanding of the accounts to be reached.

Anthony Epton BA FCA CTA FCIE Goldwins 75 Maygrove Road LondonWest Hampstead NW6 2EG

----- Start of picture text -----
A na
CHARTEREDveel DS May ACCOUNTANTper ».
----- End of picture text -----

27 January 2022

9

The Ecology Trust

Statement of Financial Activities (including Income and Expenditure Account)

Year ended 31 March 2021

----- Start of picture text -----
||||||||| |---|---|---|---|---|---|---|---| |Notes|Restricted|Unrestricted|Total|Total| |Funds|Funds|Funds|Funds| |2021|2021|2021|2020| |£|£|£|£| |INCOME|FROM| |Donations|3|676,081|-|676,081|623,487| |Investment|income|4|-|242|242|809| |TOTAL INCOME|676,081|242|676,323|624,296| |EXPENDITURE| |Cost of raising funds|5,613|-|5,613|6,156| |Charitable|activities|746,506|227|746,733|475,559| |TOTAL EXPENDITURE|5|752,119|227|752,346|481,715| |NET MOVEMENT IN FUNDS|(76,038)|15|(76,023)|142,581| |RECONCILIATION|OF FUNDS| |Total|funds|brought|forward|475,932|917|476,849|334,268©| |TOTAL FUNDS|CARRIED|399,894|932|400,826|476,849|

----- End of picture text -----

The statement of financial activities includes all gains and losses in the year. All incoming resources and resources expended derive from continuing activities.

The attached notes form part of these financial statements.

10

The Ecology Trust

Balance Sheet

As at 31 March 2021

----- Start of picture text -----
|||||||| |---|---|---|---|---|---|---| |Notes| |2021|2020| |£|£| |Fixed|assets| |Tangible|fixed|assets|8|~|-| |Current|assets| |Debtors|9|10,000|16| |Cash|at bank and|in|hand|396,787|$09,157| |406,787|509,173| |Creditors:|amounts|falling|due|within| |one year|10|(5,961)|(32,324)| |Net|current|assets|400,826|476,849| |Net|assets|400,826|476,849| |Funds| |Restricted|11|399,894|475,932| |Unrestricted|11|932|917| |400,826|476,849| |Approved|on behalfof the|Board of Trustees on|LE|Jounn?|20|22| |and|signed on|their behalf by:| |C|ieeaS ~ Chair|

----- End of picture text -----

The attached notes form part of these financial statements.

11

The Ecology Trust

Notes to the Financial Statements

Year ended 31 March 2021

The charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note.

b) Going concern

The trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern. The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.

c) Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred. Income received in advance for the provision of specified service is deferred until the criteria for income recognition are met.

d) Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

Unrestricted funds are available to spend on activities that further any of the purposes of charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity’s work or for specific projects being undertaken by the charity.

12

The Ecology Trust

Notes to the Financial Statements

Year ended 31 March 2021

Accounting policies contd.

13

The Ecology Trust

Notes to the Financial Statements

Year ended 31 March 2021

2 DETAILED COMPARATIVES FOR STATEMENT OF FINANCIAL ACTIVITIES

----- Start of picture text -----
|||||||| |---|---|---|---|---|---|---| |Restricted|Unrestricted|Total| |Funds|Funds|Funds| |2020|2020|2020| |£|£|£| |INCOME FROM| |Donations|622,549|938|623,487| |Investment|income|-|809|809| |TOTAL INCOME|622,549|1,747|624,296| |EXPENDITURE| |Cost|of raising|funds|3,856|2,300|6,156| |Charitable|activities|475,559|-|475,559| |TOTAL EXPENDITURE|479,415|2,300|481,715| |NET MOVEMENTIN|FUNDS|143,134|(553)|142,581| |RECONCILIATION|OF FUNDS| |Total|funds|brought|forward|332,798|1,470|334,268| |TOTAL FUNDS CARRIED FORWARD|475,932|917|476,849|

----- End of picture text -----

3 INCOME FROM DONATIONS

After allowing for grants in advance brought forward and carried forward

----- Start of picture text -----
||||||||| |---|---|---|---|---|---|---|---| |Unrestricted|Restricted|Total|2021|Total|2020| |£|£|£|£| |The|Aspinall|Foundation|~|-|-|248,618| |Ibiza Preservation|Fund|-|19,856|19,856|69,767| |Environmental|Funders Network|-|2,042|2,042|39,626| |Unchecked UK|-|301,900|301,900|131,812| |Leuser Ecosystem|Action|Fund|-|342,283|342,283|-| |Other donations|-|10,000|10,000|118,395| |Gift|aid|income|-|-|-|—__|15,269| |-|676,081|676,081|623,487|

----- End of picture text -----

14

The Ecology Trust

Notes to the Financial Statements

Year ended 31 March 2021

----- Start of picture text -----
|||||||||| |---|---|---|---|---|---|---|---|---| |4|INCOME FROM INVESTMENT|INCOME| |Total|Total| |Unrestricted|Restricted|2021|2020| |£|z|£|z| |Bank|interest|received|241|-|241|238| |Currency exchange|gain|]|-|1|571| |a_i| |TOTAL|EXPENDITURE| |Cost|of| |Support|Charitable|generating|2021|2020| |costs|activities|funds|Total|Total| |£|s|£|£| |Grants|paid|(see page|5)|-|158,236|-|158,236|195,362| |Admin|expenses|-|-|5,613|5,613|3,856| |Environmental|Funders|Network|-|15,250|-|15,250|185,106| |Unchecked UK|~|230,018|-|230,081|95,091| |Leuser Ecosystem|Action Fund|-|340,902|-|340,902|95,091| |Bank|charges|227|-|-|at|135| |Independent examination|fees|2,100|-|-|2,100|2,165| |Loss|on|foreign|currency|-|-|-|-|-| |Support|costs|reallocation|(2,327)|25327|-|-|=| |Total Expenditure 2021|-|746,733|5,613 752,346| |Total Expenditure 2020|=|-|475,559|6,156|481,715|

----- End of picture text -----

5 TOTAL EXPENDITURE

Of the total expenditure £226 was unrestricted expenditure (2020: £2,300) and £752,120 was restricted expenditure (2020: £479,415).

Support costs refer to the costs involved in operational activity which support the delivery ofthe charitable aims. They are allocated to charitable activities.

6

----- Start of picture text -----
||||||||| |---|---|---|---|---|---|---|---| |SURPLUS/(DEFICIT)|FOR THE YEAR|2021|2020| |-'S|£| |The|surplus|/ (deficit)|of income|over expenditure|is|stated|after| |charging:| |Independent|examination|fee|2,100|2,100|

----- End of picture text -----

7 Trustees’ remuneration and expenses

No remuneration has been paid to the members of the Board of Trustees. None of the trustees incurred travel and out of pocket expenses in the year (2020 - £NIL).

le

The Ecology Trust

Notes to the Financial Statements

Year ended 31 March 2021

8 Tangible fixed assets No tangible fixed assets were acquired during this year of operation.

9 Debtors
2021 2020
£ £
Accrued income 10,000 16
10 Creditors: amounts falling duewithin within oneyear
2021 2020
£ £
Accruals 5,961 32,324
11 Statementoffunds 2021 Brought
Forward		 Income Expenditure Carried
Forward
£ £ £ £
Unrestricted funds 917 242 2e1 O32:
Restricted funds:
Unchecked
UK		 36,721 301,900 230,018 108,603
LeuserEcosystem ActionFund - 342,283 340,902 1,381
Other Restricted Funds 439,211 31,898 181,199 289,910
Total restricted funds 475,932 676,081 752,119 399,894
Totalfunds 476,849 676,323 752,346 400,826
Statementoffunds2020 Brougat
Forward		 Income Expenditure carrie
Forward
£ £ 7 £
Unrestricted funds 1,470 1,747 2,300 917
Restricted funds:
UncheckedUK - 131,812 95,091 36,721
OtherRestrictedFunds 332,798 490,737 384,324 439,211
Totalrestricted funds 332,798 622,549 479,415
7		 475,932
Totalfunds 334,268 624,296 481,715 476,849

16

The Ecology Trust

Notes to the Financial Statements

Year ended 31 March 2021

12 Analysis ofnet assets between funds 2021 2021 2021
Restricted fund General fund Total funds
£ £ £
Tangible fixed assets - - -
Net current assets 399,894 932 400.826
399,894 932 400,826
Analysis ofnetassets between funds2020 2020 2020 2020
Restricted fund General fund Total fands
£ £ z.
Tangible fixed assets - - -
Netcurrent assets 475,932 917 476.849
475,932 917 476,849

13 Commitments

There were no outstanding commitments at the year end.

14 Related Party Transactions

During the year Mr Jon Cracknell one of the trustees (resigned 18 March 2021) received a sum of £8,875 to provide management and administration services to the trust and for his work on one of the trust projects (2020: nil).

Lz