Registered Charity Number: 1099222 THE ECOLOGY TRUST TRUSTEES, REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022 Goldwins Limited Chartered Ac¢ountallts & Registered Auditors 75 Maygrove Road West Hampst¢ad London NW6 2EG
The Ecology Trust Index Year ended 31 March 2022 Pages Legal and administrative details Trustees, Annual Report Independent ExAminer's Report Statement of Financial Activities io Balance Sheet Notes to the Financial Stat¢ments 12-17
The Ecology Trust Reference and Administrntive Detalls Ye#r ended 31 March 2022 Full name of Charity The E¢ology Ti'usl Governing document Settlement dated 4 April 2003 between The Ooldsmith Foundation and the Trusiees (listed klow). Full name of Charity The Ecology Ti'ust Charily Registration number 1099222 Date of first registratio I September 2003 Description of Constitution The Ti'ustees shall hold the trust fund and its income upon trust to apply th¢m for all ¢hai'ilable piii'poses and in p3rtiCLJlar to promote suslainable developinent for tlie benefit of the public by the pieseivation, cole1vatIon and the proteclioii of the environineiit, the prudeiit use of natural resources, the iylief of poverly ai)d the improvement of the conditions of life in socially and economically disadvantaged communities. Chair Charl¢s Filmer Hon. Secretary Joii Cracknell Treasurers Alvai'ium Private Office (UK) Limited Trustees Charles Filmei. (Chair) A B H Goldsmith B J Goldsinitli C Colbert Reglstered Address 48 KidTnore Road Cavcrshain Reading., RG4 7LU Bankers Ti'iodos Baiik NV tkdnery Road Bristol, BSI SAS A¢¢ountants Goldwins Limited 75 Maygrove Road West l-lainpstead London, NW6 2EG
The Ecology Trust Trustees, Annual Report Year ended 31 March 2022 The trustees present their report along with the financial slalements of the charity for the year ended 31 March 2022. The financial stateinents have been prepared in accordance with the accounting policie5 set out in note I lo the accouiits and comply with the charity's trust deed, Charilies Act 2011 and the Chai'ities SORP FRS 102 leffeclive from l Januaiy 2015). I) STRUCTURE, GOVERNANCE AND MANAGEMENT a) Constitution Tlie Charity'5 Constitution was adopted on 4 April 2003 in the fonn of a TrLt Deed. b) Recrultment of trustees The Trust Deed states that the Charity shall have at least three and not than seven trustees. Trustees may ¢iih¢r be appointed by the Goldsmith Foundation, with whoTll the original ti'ustees entered into the Settlement dated 4 April 2003. or by the existiiig ti'usl¢es who may ¢o-opt two further trustees providing tlie total number of trustees does not exceed seven. c) Induction of trustees New trustees are introduced to the exisiing Iruslees and then take part in trustee Ineelings. d) Trustees, responsibilities The Chai'ity's trustees are responsible foT prepai'ii)g finaiicial slatements for each financial year that give a true aiid fair view of the CliaTlty's incoming resources and application of resources during th¢ year and its state of affairs at the end of the year. In preparing the financial statements. the trustees are Irquired to= Select suitable accounting poli¢ies 2nd apply them consistently. Make judgeTnents and eslimales that are reasonable and prudent. Follow dppli¢able accountiiig staiidards and slatcincnts of recoininended pi'actice Subject to any material depai1ures disclosed aiid explained in the fiiiancial statemeiits. Prepare the financial stateinents oli Ilie going ¢on¢ern basis unless it is iiiappropriate lo pirsume that the chai'ity will coiitiiiue in opcration. The trustees aiE Iwponsible for keeping propel. accounlin&F records that disclose witli I'ea50nable accuracy at any lime th¢ fin8ncial position of the cliarity and enable them to ensure that tlie financial statements comply with the applicable Accounting Standards aiid Statements ofRecommended Practice and the regulations Inade uiider the Charities A¢t 201 I, the Charity IAccoLints aiid Reports) Regulations 2008 aiid provisions of the S¢ttleinciit dated 4 April 2003. They are also responsible foi. safeguarding the assets of thc Charity and hence foi. taking reasonable steps for the PTeventioi) and deteetioii of fraud and other irregularities. e) Organisatiom The ¢iirrent meinbers of the Board of Trustees are sel out on page l.
The Ecology Trust Tru5tees' Annual Report Year ended 31 Mareh 2022 Diie lo the Covid-19 pandeinic the trustees have been using email and online calls to take decisions. Tlie Seci'etary remains responsible for day-lo-day organisation and reports to the trustees. Applications foT funding of projects are reviewed by the Board of Trustees for approval. fj Risk management The trustees have exainined the Inajor strategic, business and operational risks to which the Trust is exwised, panicularly tliose related to the opeiations and finaiices of the Trust. and al'e satisfied that sysleins are in place lo 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 aiid ensure th¢y still meet the needs of the charity. 2) OKIECTIVES AND ACTIVITIES a) The object$ of the Charity Tlie objects of the ChaTlty are as follows.. 'The trustees shall hold the-Fi'ust fund and its iiicomc iipoii trust to apply them for all charitable purposes and in particular to promote sustainable development for the benefit of thc public by:_ The preservation, conservation and the protection of the environment and the pi'udent use of natural resource5- The relief of poverty and the improveinent of the Conditions of life in socially ai)d economically disadvaniaged cominunities. The promotion of sustainable means of achieving economic growth and IEgeiieralion,' Sustainable development to mean development that Tneets the needs of the present without coinpi'omisin¥ (he ability of future genei'ations to meet their own needs." The trustees confimi that tliey hav¢ ¢oinplied with the duty in seclioii 17 of tlie Charities Act 2011 and referred to the guidance coiitaiiied in Il)¢ Charity Cominission'5 general guidai)¢¢ on public benefit when reviewing the Trust5 aiin and obje¢lives, planning futui'e activiti¢s and s¢ttii)g Ilie grant Inaking policy for the ycar. b) The aims of the Charity Tlie chai'ity is a grant-making Trust. Giants will be made both to charities and also lo iion-¢harilies in support of work that advances tlie chai'itable purposes of the Ti'ust. As indicated below, the principal objective of the Ti'ust, reflected iii its iiain¢, is to siipport ecological and environmei)tal initiatives, paiticularly, but by no means exclusively, around the issues of agriculture, Iropi¢al forests, and climate change. The Trust will seek to siipport piojects ihai prevent environmental dewzdalion and that change values arKI attitiides, both amoiigst the piibli¢ 8nd with people in wsitions of power. In general the Trust seek5 to address the causes of the environinental crisis that we face, and to tackle these. rather than to Inake tl)e ¢onsequ¢nces of this crisis casier lo live with. Subject to the above, the Trust intends to support work that oihcrs Inay find hard to fund, pei'haps be¢ause it breaks new ground, iequires CO fuiidiiig, or appears risky in the sense tliat tlie outCOlllCs ¢ai)i)ot be completely giiaranteed. Thc Triist Inay also take its own ii)itiatives whei'e it believes that iiew Il)inkinLi is required or wt]ere it belicves tl)at there aiE impoitant opportunities tliat aiE being missed. Beeause the Trust does not have an endoivment of its own its main sources of funding are monies raised at fund-raising dinners, and grants
The Ecology Trust Trustees, Annual Reporl Year ended 31 March 2022 provided by other trusts and foiindation5. The grnnts strategy of the Trust flows from this, wtth an emphasis on supporting initiatives in line with the fund-raising that ]% carried out. One consequence of this 15 that the Trust very rarely makes grants in response to knnsolieited funding applications. Instead it operates a proactive grant-making policy relation to the issues for which it has received funds. At the present time the Trust's main pi'ioi'ities include.. i) Clipiiale chaiige Scientific evidence of the I'isks posed by cliinale change grows stronger by the month. The Trust seeks to accelerate tlie ti'ansilioii toward5 less ¢ai'bon-intensive socielies and economies by funding work aloiig the following lines.. Prole¢ling tropical forests, especially those in southeast Asia. This work mainly lakes place via the Leus¢r Ecosyslein Actioii FLind which is a project of the Ti'ust. Encouraging business as well as Govei'iimellt to take on board Il)¢ need for rapid reductions in greenhouse gas emissions and to iinpleinent the ne¢essary slralegies. ii) Moking ihe ca%efop' Ihe enfoi-cep17Éni ofe17viionineKlal i'egulalions and oihei. socialpi'oleclions Diii'ing tlie yeai. the Trust continued to support Un¢he¢ked UK, which makes the ease for common-sense piotections that lielp kcep p¢opl¢ Safe and allow businesses to tlii'ive. Tlie initiative is siipport¢d by P4 diveis¢ gioup of leading civil society organisations. MoiE Iliaii 60 civil society organisations with a combiiied meinbci'.qhip of more than 5 Inillion people are now sigJiied up as supporters of Unchecked UK. Unchecked UK carries out research and iiivestigations lo l)ighlight the loss of protection for the UK public that iesults fi'om the erosion of important regulatio1)$ and of the piiblic bodies which enforce them, highlighting cuts to the budgets of local authorities and ageiicies such as tlie Environinent Agency and Natural Englai)d. Unchecked UK'S commuiiications reseairh has sliown tliat veiy lew Ineinbers of Ilie public are in favolir of lower standards and weaker protections. iii) Whai ihe Ti'usl willfiind The Trust will look to fund.. Both project and core costs. Tl)ese will include I'uniiiiig costs such as staff salarie5 aiid ovcrhead5. Projects with a clear sense of objcctivcs and the specific strategic steps requiiEd for achieving them. Innovative projects where it 15 clear a gi'ant will have a good chance of making a difference. iv) Exclusions The Trust is unlikely to Inake grnnls to the following kinds of projects: Work that lias alTeady taken place Part of geneial appeals or circulars Outward-bound course5, expedilions and overseas travel Capital projects {i.e. buildings and refiii'bishment costs) Furiiiture, white goods, cotnput¢r, paint, tiinber ai)d scrap recycling projects.
The Eeology Trust Trustees, Annual Report Year ended 31 March 2022 e) Main objectives for the year Tl)e Cliarily's Inaii) objectives for tlie year wei'e to contiiiue makiiig grants iii liiie witli the policies set out bove, soine via the Leuser Ecosystein Action Fuiid, aiid to support the woi'k of Unche¢k¢d UK. 3) ACHIEVEMENTS AND PERFORMANCE a) Crants made i) Gr#Nt5 tackling deforestation and biodiversily105s Indonesia and other countries Forum Konseryasi Leuser- £64,116 {S87,955) The Trust's support for Foruin Konservasi Leiiser IFKLI focused on protecting endangei'ed wildlife in the Leuser Ecosystein 01) Suinati?, by enabling the expaiision of rai)ger patrols and suppoiliiig infrasli'u¢liiir in critical l)abiiat areas. This is helping to delei. activity a550ciated with poachingJ ai)d Il)e illegial wildlife trade. Ralnforesl Action Network- £39.865 (SS4.310) Rainforest Action Nctwork (RAN) applied these funds to its progiamme in Suinatra, where it illonilors deforcslatioi) aqsociated with the production of agi'icultural eominodilies, and engages in mulii-slakeholder forums that aiin to incentivise and enable sustaillable systeins of land iise. Forest Peoples Programme- £24,692 Forest Peoples Programme (FPP} used this graiit to coiilii)ue ils work with indigenous peoples in Indoiiesia. with a focus on cominunities that fa¢e ihe loss of their traditional lands and lifestyles diie lo the palm oil industry. This work incliides Ir8iniiigs for local communities on legal proc¢durcs, ¢onfli¢t resolution and advocacy strategies. plus Inedia work to raise awareness of the links between ¢onflict palm oil and the inl¢rnatioi)al commodity trade. BankTrack- £28,966 The Trust's support allowed BankTI?¢k lo develop its forest-orieiited woi'k, which en¢ourages the banking sectorto adopt policies aiid pra¢lices that align with nature protection. Over Ilie ¢ours¢ of the gi2nt, BankTI?ck Used il% reseai'ch ai)d advocaey to engage coinineycial banks 01) a range of topics. from headline biodivei'sity commitmeiits to the financing of biomass eneigy. Lembaga Studi Dthn Advokasi Masyarakat (ELSAM)- £21,696 This grant enabled ELSAM - a human riglils-focused oigaiiisatioii based in liidoi)esia- lo connect with local coinmunities affected by the developinent of plantatioi)s in iygiions of intact rainfoiESt. Durii)g tlie couise of the pioject, ELSAM documented the experiences of indigenous peoples whose economic. social oi. cultural practices air being disrupted by industrial agriculture, and delivered trainings on legal rights. Korea Federation of Envlronmcntxl Movements- £28,885 The Korea Federatioii of Environmental Movements Lised this grant to investigat¢ the links between Soiith Korean compai)ies and tlie dcslruction of Indonesian rainforests. Working with other iiational and international ¢ivil society groups, KFEM piiblislied a detailed iEPOrt and is helping lo rais¢ awaiEness of these issues among the South Korean media and genei'al public.
The Ecology Trust Trustees, Annual Reporl YeAr ended 31 Mthreh 2022 Pra¢ownig - £17JOI Pizcownia is a Polisli civil society orgai)isalion dedicated to nature. Tl)is grant contributed to its efforts to wii) giratcr piotections foi. old-growth forests, and by doiiig so reduce the iTnpa¢l of the logging iiiduslry on some of Eui'ope's most important l)abitats foi. wildlife. Fundo Casa Socioambiental - £22,985 Fuiido Casa is a regFrai)ting iiitei'in¢diary based iii Latin Ainerica, where it di]ECts finai)cial and capa¢ily- building support lo ¢ivil so¢iely initiatives. This grant contributed to the fund's work with envii'onmentsl and liuinan rights defenders in Biazil. helping to streiigtheii grass roots and indigenous-led oi'ganisations. The Gecko Project- £21,600 The Gecko Project (TGP) is a iion-profit journalism bureau tliat investigates the I'ole of laiid usc in deforestation. climate ¢hangF¢ and liuman l'ights abuses. This grniit supportcd TGP'S work in Indoiiesia, where il lias a¢hi¢ved national and international media coveTage for ils investigations into corruption and legal discrepancies in Il)e plantation industry. Environmental Paper Nehvork (via ARA)- £37J23 The Environtncnlal Papei. Network (EPN) aims to reform the paper. packaging and biomass energy sectors in order to reduce their impact oli natural forests. Tliis gTarJt helped EPN to maiiitain its operations and services to members, which iiiclude liigli-quality Irsearcli plus the building of collaborative relationships between forest-fOcus civil society groups in different parts of the world. Yayasan Ekosistem Nusanti)ra (E¢oNusa)- £27,099 This grant allowed EcoNusa to deepen its expenise in slral¢gic communications, helping il to ]Mise levels of PLiblie awareness regarding the future of Indonesia's rainforests and carbon-rich peailands. Rainforest Action N¢twork- U8,712 ($50.000) With this grant, Rainforest Action Network (RAN) coiitinued its long-standing programme on the reforni of inteniational supply chaiii& so tl)al consiiiner goods on sale in Inaiiy parts of the world no longer contain palm oil or other commodities produced at the expense of natU1741 forests. Canopy Planet Soeiety - £31,135 Canadian-based NGO Canopy works with stakeholders in the corporate, giovernmeiit and finance sectors, on sti'ategies that shift supply chains for paper and pulp wood out of ¢ndangered forests and help to develop more sustainable altei'nalives. Tlie Trust's support helped Canopy to continue its engageinent of large fashion, packaging and publishing eoinpanie4 and to d¢v¢lop plans for a conservatioii-bascd economy in parts of Suinali'a. 4) FINANCIAL REVIEW a) Poliey on reserves 11 is the policy to maintain unrestricted fiinds at a level sufficient to cover management and adininistration costs. The Trust coiitinu¢s lo hold other uiirestricted funds iii order to cover futUlE grant cominitinents.
The Eeology Trust Trustees, Annual Report Year ended 31 March 2022 b) Principal funding sources The ELology Trust does not liave ali endowinent and therefore IElies for its grant making on funds donated by individuals and other gi%nt-Inakii)g oigaiiisalions. Diii'ing tlie finaiicial year the Trust received I'estricted fiinds totalling £640,349 (2021: £676,081) froin doi)alioiis and fund Taising activities and unrestrictcd income of £209 (2021- £242). Expenditure was £649,131 (2021.. £752,346) compi'isinb gFranls detailed above, a¢livily by Il)e Environineiital Fuiideis Netwoi'k, IbizaPIEsei'vatioii, and Ui)cliecked UK. plus fund i?ising costs of £2,818 (2021.. £7,940). 3) PLANS FOR FUTURE PERIODS Grant-making activity The Trust will continue to make grants in furth¢rdn¢¢ of its ¢harilable obje¢ts, usingF tl)e grant-making criteria set out above. Adininistrative costs have been allocated on the basis of time spent on the activities of the individwdl funds and lenns specified in restricted fund agreements. Approved by the Boai'd of Trustees and signed their behalf by Charles Filmer Ch#ir ofTrustees Date:
The Ecology Trust Independent Examiner's Report to the Members of The Ecology Trust Year ended 31 March 2022 I I'eport OJb the accounts of the Trust for the year ended 31 March 2022. Responsibilities and basis of report As the charity ti'ustees of tl)e Trust you are iesponsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act,). I repoit in respect of my examination of the Trust's accounts cai'ried out under section 145 of the 2011 Act aiid in cariying out my examiiiatioi) I have followed all the applicable Directions givei) by the Chai'ity Commission under section 145(5)(b) of the Act. Independent ex#miner's statement Since the Trust's gross incojne exceeded £250,000, I confirni that l ain qualified to undertake the examination because l ain a Inember of the ICAEW, wl)ich is one of the listed bodies. I have coinpleted my exainiiiatioii. l oonfii'in that no material matters have comc lo Iny attention in coiinection witl) the examinalion giving Ine cause to believe Ilial ii) any material respect- ac¢ountii)g recoi'ds 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 a¢¢oiints do not coinply with tlie applicable requirements concerning the foriT) and ¢ontent of accounls sei out in the Charities (Accouiits aiid Reports) Regulalions 2008 other tliaii any requireinei)t that tlie accounts give a'true and fail. view whicli is not a Inatter considei'ed as pail of an independent examination. I have no ¢on¢erns and have coine across no other Inatters in connection with tl)e examination to wliich attention should be drawn in this report in order to eiiable a pi'opcr und¢rslanding of the accouiits to be reached. Anthony Epton BA FCA CTA FCIE Goldwins 75 M#ygi'ove Road West Hampstead London NW6 2EG CHARTERED ACCOUNTANT 20 January 2023
The Ecology Trust Statement of Financial Activities (ineluding Income and Expenditure Accottnt) Year ended 31 March 2022 Note5 Restricted Unrestricted Funds Funds 2022 2022 Total Funds 2022 Total Funds 2021 INCOME FROM Donation5 640,349 640,349 676,081 Inveslinent in¢ome 209 209 242 TOTAL INCOME 640.349 209 640,5S8 676J23 EXPENDITURE Cost of raising funds 677 677 5,613 Charitable activities 648,413 41 648.454 746,733 TOTAL EXPENDITVRE 649,090 41 649,131 752J46 NET MOVEMENT IN FUNDS {8,741) 168 (8,573) (76,023) RECONCILIATION OF FUNDS Total funds brought foi'ward 932 400 826 476 849 TOTAL FUNDS CARRIED FORWARD 391.153 1,100 392,253 400,826 Tlie stateineiit of financial activities ii)¢ludes all gains and losses in the year. All incoming resources and I'esources expeiided derive fioin continuing activities. The attached notc5 foiin part of these financial statements.
The Ecology Trust Balance Sheet As at 31 Mareb 2022 Notes 2022 2021 Fixed assets Tangible fixed asset5 Current assets DebtOT5 10,007 10,000 Cash at bank and in hand 406,017 396,787 416,024 406,787 Creditors: amounts falling due within one year (23.771) {5,961) Net current assels 392,253 400,826 Net assets 392253 400,826 Funds Restricted 391.153 399,894 Unrestricted 1,100 932 392,253 400,826 Approvcd on behalf of the Board of Ti'ustees on aiid signed on their belialf by.. 2029 Charles Filmer- Chair The atta¢h¢d notes fonn part of these financial stateinents. 10
The Ecology Trust Notes to the Financial Statemen¢$ Year ended 31 March 2022 Accounting poli¢ie$ a) Basi5 of prepxration Tlie financial staleinents have been prepaird in accordance with Accounting and Reporting by Charities.. Statement of Recoinmended Pi'actice applicable to charities preparing Ilieir accounts in a¢cordaii¢e with Ilie Financial Repoitii)g Siandaiyi applicable ii) the UK aiid Rcpiiblic of Ireland (FRS 102- effective l January 2015)_ {Charilies SORP FRS 102) and the Charities Aet 2011. The charity meets the defiilltion of a publi¢ benefit entity under FRS 102. Assets and liabilities are initially I'ecognised at histori¢al cost or transaction value ui)l¢ss othei'wise stated in the relevant accouiitii)g policy or not¢. b) Cjoing eoncern The Iriistee5 considei. that there are no material unceilainties about the charitable company's ability lo continue as a goii)g ¢oncern. The trustees do iiot Consider that theiE are any sour¢es of ¢stlination uncertaiiity al tl)e repoiliiig date that have a %igi)ificant risk of causing a Inaterial adjustment to the carryinLJ amounts of assets and liabilities within the next Teporting pei'iod. c) Income Income is recognised when the chai'ity has entitlement to the funds. any perforinance colit10n$ attacl)ed io the income have bcen mel, it is probable that the income will be received and that the ainount can be measuiEd reliably. Income from gFovernment and other grants, wh¢il)¢r'capilal' giants or 'reveiiue' grants. is recognised wl)en the ¢hai'ily has entitlement to Il)e funds. any pei'forinance conditions attached to the grants have becn Inet, il is probable that the income will be received and tlie ainounl ¢an be measured I'eliably and is not defei'red. Incoine reccived in advance for the provision of specified service is deferred until the criteria for income recognition are Met. d) Interest receivable Inteirsl on fiinds lield on deposit is included wheii receivable and the amount can be measured reliably by the charity; this is noi'inally upon notification of tlie interest paid or payable by tlie bank. e) Fund accounting Unrestricted lunds are available to spend on activities that further any of the pui'poses of charity. De5igFnated funds are uniesti'icted funds of the charity which th¢ triistees have decided at tl)eir dis¢r¢lion to set aside to use for a specific piirwse. Resti'ict¢d fiinds aiE donations whicli the donor has specified are to be solely used for pai1icular areas of the eharity's work or for 9cifiC projects being undertaken by the charity. Expenditure and irrecoverable VAT Value Added '] ax which is iiot IEcoverable by the Charity, is included in tlie IElevanl costs in the Statement of Financial Activities.
The Ecology Trust r4otes to th¢ Finaneixl Statements Year ended 31 March 2022 Accounting policies coiild. Allocation of support costs Suppo11 costs are those functions that assist the work of the ¢l)arily but do not directly undertake ¢l)aritable activities. Suppoi'l Costs include back-office costs, finance, personnel, payroll and governance cos(s whi¢h suppoit the charity's activities. Tliese costs have been allocated to C05t of raising funds. The bases on which suppoit ¢osts have been allocated are set out in note 5. h) Debtors Ti#d¢ and other debtors are recognised at th¢ settleinent amount dLie after ai)y trade diseount offered. Pi'epayinents are valued at the amount PlEpaid net of any tiadc diwounls due. i) Cash at bank and in hand Casli at bank and casli iii l)and includes cash and shoil teiin highly liqiiid investmeiits with a short ma¢urity of thre¢ months oi. less from the date of acquisition or opening of the deposit or similar account. j) Creditors and provisions credito aiid provisions are recognised whwE the charity has a piysenl obligation resulting froin a past event tliat will probably result in the trallsfer of funds lo a third party and the amount due lo seiil¢ the obligation can be Ineasured orestiinated reliably. Creditors and piovisions are normally recognised at thcir scttl¢ment ainount after allowingF foi. ai)y ti'ade diseoLints dLIe. k) Tangible fixed assets and depreciation No tangible fixed assets were acquired during this txriod of operation. l) Taxation The Ecology Trust is itgistered as a charity with th¢ Charity Commission and is exempt from liability to laxalion. 12
The Ecology Trust Notes to the Financial Statements
Year ended 31 March 2022
2 DETAILED COMPARATIVES FOR STATEMENT OF FINANCIAL ACTIVITIES
| INCOME FROM Donations Investment income TOTAL INCOME EXPENDITURE Cost of raising funds Charitable activities TOTAL EXPENDITURE NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Restricted Unrestricted Total Funds Funds Funds 2021 2021 2021 £ £ £ 676,081 - 676,081 - 242 242 |
|---|---|
| 676,081 242 676,323 |
|
| 5,613 - 5,613 746,506 227 746,733 |
|
| 752,119 227 752,346 |
|
| (76,038) 15 (76,023) 475,932 917 476,849 |
|
| 399,894 932 400,826 |
3 INCOME FROM DONATIONS
After allowing for grants in advance brought forward and carried forward
| After allowing for grants in advance brought forward and carried forward | After allowing for grants in advance brought forward and carried forward | After allowing for grants in advance brought forward and carried forward | After allowing for grants in advance brought forward and carried forward | After allowing for grants in advance brought forward and carried forward | After allowing for grants in advance brought forward and carried forward | |
|---|---|---|---|---|---|---|
| Unrestricted Restricted |
Total 2022 | Total 2021 | ||||
| £ | £ | £ | £ | |||
| JMG Foundation | - | 359,712 | 359,712 | - | ||
| Ibiza Preservation Fund | - | - | - | 19,856 | ||
| Environmental Funders Network | - | - | - | 2,042 | ||
| Unchecked UK* | - | 232,779 | 232,779 | 301,900 | ||
| Leuser Ecosystem Action Fund | - | 45,151 | 45,151 | 342,283 | ||
| Otherdonations | - | 2,707 | 2,707 | 10,000 | ||
| - | 640,349 | 640,349 | 676,081 |
*£40,000 of the income for Unchecked UK in both 2021 and 2022 was provided by the Joseph Rowntree Charitable Trust.
13
The Ecology Trus¢ Notes to the Financial Sta¢em¢nts Year ended 31 March 2022 4 INCOME FROM INVESTMENT INCOME Total 2022 Total 2021 Unrestricted Restricted Bank interest received Curren¢y ¢x¢hang¢ gain 209 209 241 209 209 241 5 TOTAL EXPENDITURE Cost of Charitable generating activities funds Support costs 2022 Total 2021 Total Foi'esl grants piogixmme Adinin expenses Environmental Fiindei's Network Unchecked UK Leuser Ecosystein Actioi) Fund Baiik ¢l)#i'ges Ii)dependent examination f¢es 316,594 316,594 677 1,292 201,811 126,616 158,236 5,613 15,250 230,081 340,902 227 2,100 677 1,292 201.811 126.616 2.100 2,100 Support Costs reallocation {2,141) 2,141 Total Expenditure 2022 648,454 677 649,131 Total Expenditure 2021 74&733 5,61J 752,346 Details of the grants made via the forests programme and Leuser Ecosyslein Action Fund are provided on page5 5 and 6. Of Ili¢ total ekpeiiditure £41 was uniEStricted expenditure {2021- £226) and £649,090 was resti'icted expeiiditure {2021= £752.120). Suppoit Costs refer tothc Costs iiivolved in operational activity which support the delivery ofthe charitable aims. Tliey al'e allo¢aled to ¢hai'ilabl¢ activities. SURPLUSI(DEFICIT) FOR THE YEAR 2022 2021 The 8urplus / (deficit) of income ovei. expenditUlE 15 Stated after charging.. Independent ¢xamin8tion f¢¢ 2,100 2.100 Trustees, remuneration and expenses No I'einuneration has beeii paid lo tlie membeis of the Board of Trustee5. None of the trustees incurred travel aiid out of pocket expenses in the year (2021 £NIL). 14
The Ecology Trust Notes lo the Financial Statements Year ended 31 March 2022 Tangible fixed assets No tangible fixed assets were acquired diiring this year of operation. Debtors 2022 2021 Accrued income 10,007 10.000 10 Creditors: amounts falling due within one year 2022 2021 Accruals 23.771 5.961 Statement of funds 2022 Brou%ht Forlvai'd Income Expenditure Transfer Carried Forward Unrestricted funds 932 41 1,100 Restricted funds: Unch¢¢ked UK Leusei. Ecosyslein Action Fund Othei. Resti'icted Funds 108,603 232,779 45,151 362.419 201.81 126,616 320,663 139,571 80,084 (80,084) 289,910 251,582 Total restricted fund$ 399,894 64a,349 649,090 391,153 Total funds 400.826 640,558 649,131 392,253 Statement of funds 2021 Brought Forward Carried Forward Income Expenditure Unrestricted fund$ 917 242 227 932 Rcstrictcd funds: Unchecked UK Leuser Ecosystem Action Fund Other Restricted Funds 36.721 301,900 342,283 31,898 230,018 340,902 181,199 108.603 1,381 289,910 439,211 Total restricted funds 475 932 676081 752,119 399,894 Total funds 476.849 676,323 752J46 400,826
The Ecology Trust Notes to the Financial Statements Year ended 31 Mareh 2022 12 Analysis of net assets between funds 2022 2022 Restricted fund General fund 2022 Total funds Tangible fixed assets Net cui'i'ent assets 391253 391,253 I,ioo 392.253 Analysis of net assets behveeTh funds 2021 2021 2021 Restrieted fund General fund 2021 Total funds Net current assets 399 894 399,894 932 932 400 826 400,826 13 Commitments There were no outstanding coininitinents at the year end. 14 Related Party Transactions There are no related party IransactioJ]s to disclose for the year. 16