Company registrdtion number. 05300309 Charity registration number: 1108026 Gedling Conservation Trust Ltd Annual Rep)rt and Financial Ststements for th¢ Year Ended 30 Jun¢ 2024
Gedling Conservation Trust Ltd Contents Reference and Administrative Details Strategic Report Trustees, Report 3to5 tndependent Examinefs Report Ststejnent of Financial Activities Balance Shect Notes to the Financial Statements 9t018
Gedling Conservation Trnst Ltd Reference aDd Administrative Details CharEty Regtstration Number 1108026 Company Registration Number 05300309 The chatity is incory)orated in England. 71 Burton Road Carlton Nottingham Nottingbamshire NG4 3DL Registered Office Independent Examiner Atkinson Evans Limited The Old Drill Hau 10 Arnot Hill Road Arnold Tr40ttingbani Nottinghamsbi NG5 61J
Gedling Conservation Trust Ltd Strategic Report for the Year Ended 30 June 2024 The trustees, who are directors for the purposes of company law. present their strdtcgic report for the year ended 30 June 2024. in compliance with s414C of the Compallies Act 2006. Achievements and performance The Trnst continues its work to maintsin and eDbance the reserve ere many unwmmon and rare species of plants and animals can be seen by the visiting public. The site is a designated Local Nature Reserve and is situated on thc very eastern edge of Nottingham on the river TrenL A18rge group of volunteers help to rnanage areas of habitat for wildlif4 ke¢p paths clear so that the site remains accessil)le and remove litter. For exarnple, the reed-bed needs to be cut a section at a ttme OD a five year cycle in order to prevent trees from growing in it and turning th¢ habitat into scrub and ¢ventualty woo(lland. This is vital as r¢edb¢ds are a top priority habitat under local and national Biodiversity Artion and at the lagoons they provide homes for Bittern4 Marsh Harriers and Bearded Tits, all birds of cOnseation Con as well &8 several species of duck4 grebes There are also patches of developing woodland and open water. as well &q sttub and grasslalld, all contributing to a mosaic of difftrent habitats. This has resulted in a very wide range of wil(llifr colonising the site and the species lists currently stand at 560 vasclll plants. 330 species of fuDg4 1,662 species of invertebrate4 240 $p¢ci¢s of birds and 25 species of maD]mats. The Trust encourdges the public to use the reserve and advertises th¢ site and events on its websit¢, Facebook and Twitter. Th¢re are regular guided walks to intr(¢ the public to the site's wildlift, including Warbler Walks, Dragonfiy Walks and Orchid Walks. The Trnst also has close ties with Netherfield Wildlrfe Group, who monitor the site and produce an annuaE report on the species of wildlife currentty ]ng the Teserve as well as helping with site rnain*nance and the guided walks. On a monthly basis the Trustees meet to discuss the welfare of the natur¢ reserve and it's managemenL They look for ways it could be improved and at prOSed developments nearby that might effect it and how any threats might be mitigated. They also seek funding opportunities and set up fimd rnising events. They have been active and diligent in this work for over twenty years and have nude Netherfield Lag(M)ns one of the foremost nature reserves in the county. Help and funds are always welcome to help provide the equipment that is needed to maintain this very special nature reserve. The strategic report was approved by the trustees of the charity on 17 Marcb 2025 and signed on its behalf by: Ms N R Brooks Trustee Page 2
Gedling Conservation Trust Ltd Trustees, Report The lntees, who are directors for the purpos of company law, present the am)ual report together with the fllMncial statemenls and audiloTS' report of the chaTitable company for the year ended 30 June 2024. Objectives 2nd activities Public beneftt To promote for the benefit of the public the conservalion. protection and in4)rovement of the natural environment in particular by preserving the area known as the Netherfield Lagoons and to advance the education of the public especially in the areas of biodiversty and conservatiotL The trustees confirni that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Comtnission for EDglalld and Wales. Trustees and officers The trust5 and officers serving during the year and sintt the year end were as follows: TnLStees: Ms N R Brooks Mr Simon Patrick Tipping Mr Peter Smith Mr Vernon Coaker Mr Mark Glover Mr Neil Matthews Structurej governance and management Nalure ofgovernin¥ documenl The charity is controlled by its governing documenL a deed of1Tus¢ and constitutes a limited company, limited by guardntee, as defmed by th¢ Cornpani¢s Art 2006. Flnanefial Instrnments Obieclives andpollcies The ckwitys activities expose it to a number of financial risks including credit risL cash flow risk and liquidity risk. The use of financial derivatives is governed by the Charity's policies approved by the board of tnlstees, which provide written principles on the use of financial derivatxves to manage these risks. The charity does not us¢ derivative financial instnunents for speculative PUTposes. Cashflow nsk The charity's activities expose it primarily to the fmancial risks of changes in foreign currency exchange rates and interest rates. The charity uses foreign exchange forward contracts and interest rate swap contracts to hedge these exposures. Interest bearing assets and liabilities are held at fixed rate to ensure certainty of cash flows. Page 3
Gedling CoDservation Trust Ltd Trustees, Report CrÈdil risk The charity's principal financial assets are baDk balances and Cas trdde and other receivables, and investments. The charity's credit risk is primarily attributable to its trade receivables. The amounts presented in the balance sheet are net of allowances for doubtful receivabl¢s. An allowanc¢ for impairnient is made wRLere there is an identifi¢d loss event which, based on previous ¢xp¢si¢nrx. is evidence of a reduction in the recoverability of the cash flows. The credit risk on liquid fund8 and derivative fllwicial inStruts is limited because the counteiparties ar¢ banks with high credit-rdtings assigned by international credit-rating agencies. The charity has no signifLLxnt concentration of credit risL .with exposure spread over a large number of counterparties and customers. Liquidity rfsk In order to mainlain ]iquidty to ¢Lsure that sufficient funds are available for ongoing operations and future developments, the charity uses a Mixtu of long-tern) and short-tern) debt finance. Further details regarding liquidity risk can be found in the Statement of accounting policies in the financial ststements. Statement of trustees, responsibllfitles The trLLStees (who are also the directors of Gedling Conserwdtion TnLSt Ltd for the pU8¢S of company law) are respoDsible for pryaring the tn$, report and the financial statements in accordance WAth applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "Th¢ Financial Reporting Standard applicable in the UK and R¢public of fre12nd" Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the f)CiaL statements unIe&8 they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the cEwitable company for that period In preparing these fmancial statements the trustees are required to: select suitsble accounting policies and apply them consistently observe the methods and principles in th¢ Charities SORP. make judgements and estimates that are reasonable and prudenL" slate whether applicabl¢ accounting standards, comprising FRS 102 have been followe subject to any material departures disclosed and explained in the financiaI slatements. and prepare the fAnancial statements on the going concern basis unless it is iJ)appropriate to presume that the charitable company will continue in b]ll. The trustees are responsible for keeping proper accounting record5 that can disclose with re&wnable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements compty with the Companies Act 2006. They are also responsli )le for safcguarding the assets of the cPritable ompany and hence for laking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsli )le for the maintenance and integrxty of the cory)orate and financial infornmtion included on the charitable companys website. Legislation governing the preparation and disseMi]0n of financial statements may differ from legislation in other jurisdictions. Disclosure of infornation to auditor Each trustee has taken steps that they ought to have tsken as a trustee in order to make themselves aware of any relevant audit infonnation and to establish that the charity's auditor is aware of that infornthtion. The trustees confirni that there is no relevant iDfonnation that they know of and of which they know the audAtor is unaware. Page 4
Gedling Conservation Trust Ltd Trnstees, Report The annual r¢port was approved by the trustees of the charity on 17 March 2025 and signed on its behalf by." Ms N R Brooks Trustee Page 5
Gedlillg Conservation Trust Ltd Independent Examiner's Report to tbe trnstee of Gedling Conservation Trust Ltd I report on the accounts of the charity for the year ended 30 June 2024 wbich are set out on pages 7 to 18 . Respective responsibilities of trustees and examiner The trustees (who are also the directors of the company for the purpos of company law) are responsible for the prepardtion of the accounts. The tteeS consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and tILat an independ¢nt examination is need¢d. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examinatio it is my responsI111ty to: examine the accounts under section 145 of the 2011 ACL to follow the procedures laid down in th¢ general Directions given by the Charity Commission under section 145(5)(b) of the 2011 ACL and to state whether particular matters have come to my attention. Basis of independent examiner's report My ¢xamination was carried out in aordanCe with the general Directions given by the Charity Commissio An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you &8 trustees wncerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the report is lirnited to those matters set out in the statement below. Independent examiner's statement In connection with rny eXan]Inatio no matter has come to my attention: (l) which gives me reasonable caus¢ to believe that in any materia] respect the requirements: . to keep accounting records io accordance with section 386 of the conuMeS Act 2006" and to prepare accounts which COrd with the accounting records. comply wtth the accounting requirernents of section 396 of the Companies Act 2006 and with the metho(Ls and principles of the Statement of Recollllnended Prdctice: Accounting and Repoiting by ChaTities hav¢ not been met. or (2) to whicty in my Opinio attention should be drawn in order to enable a proper understanding of the accounts to be reached. Jason EvatL8 FCCA Atkinson EvaDs Limited The Old Drill Ha]1 10 Amot Hill Road Arnold Nottingbam Nottinghamshi NG5 6LJ 17 ma 2025 Page 6
Gedling CoDserYation Trust Ltd Statement of Financial Aetivities for the Year Ended 30 June 2024 (Including Income and Expenditure Account and Statement of Totsl Recognised Gains and Losses) Unrestricted funds Restricted funds Total 2024 Total 2023 Note Income and EndowDJeDts from: Donations and legacies Investment incorne Other income 22.612 930 270 10.632 33.244 930 270 10,446 417 250 Total income 23,812 10,632 34,444 11,113 Expelldlture on: Charitable activities (1,346) (11,699 13,045 (15.166) Total expenditure Net incomel(expenditure) (1,346 (11.699 13,04 15.166 22,466 (1.06 21.399 (4.053 Net movement in fim(Ls (1.067) 21.399 (4,053) Reconciliation of funds Total funds brought forward 19,303 14,960 34.263 38,316 Totsl funds carried forward 14 41.769 13,893 55.662 34,263 All of the charity's activities derive from ¢ontiDuing Operatio during the arA)ve two peyiods. The funds breakdown for 2023 is shown in note 14. The notes on pages 9 to 18 forn] an integral part of these finallci statements. Page 7
Gedling Conservation Trust Ltd Olegistration number. 05300309) Balance Sheet as at 30 June 2024 2024 2023 Note Ffixed assets Tangible &ss¢ts io Current ats Debtors Cash at bank and in hand li 12 98 55,728 128 34,298 55,826 34,426 Credfitors: Amounts falling due wfithln one year Net current assets 13 (170 (170) 55,656 34,256 Net assets 55.662 34.263 Funds of the charity: Restricted income funds Restricted funds 13.893 14,960 Unrestricted income funds Unrestricted funds 41.769 19,303 Total funds 14 55,662 34,263 For the financial year ending 30 June 2024 the charity was enlitled to exernption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities: The members have not required the charity to obtain an audit of its accounts for the year in question in aordanCe with section 476" and The diredors athiowledge their reSponlI1eS for comptying with the requirements of the Act with respect to accounting records and the preparation of accounts. The fmancial statements on pages 7 to 18 approved by the trustees. and authorised for issue on 17 March 2025 and signed on their behalf by: Ms N R Br(M)ks Trustee The notes on pages 9 to 18 forni an integral part of these financial statements. Pag¢ 8
Gedling Conservation Trust Ltd Notes to the Financial Statements for the Year Ended 30 June 2024 I Charity status The charity is limited by share pItal. incorpordted in Englan The address of its registered office is: 71 Burton Road Carlton Nottingham NottingbanL8hire NG4 3DL These financial statements wer¢ authorised for I&8 by the tnS on 17 March 2025. 2 Accounting poltefies Summary of significant accounting policies and key accounting e5timat& The principal accounting policies applied in the prepardtion of these fllmncial statements are set out below. These policies have been consistently applied to all the years presents¢ unless otherwise state(L ststement of complianee The fmancial statements have been prepared in accordance with Accounting and Reporting by CJ)arities: Statement of Recommended Pra¢tic¢ (applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in tbe UK and Republic of Ireland (FRS 102)) (issued in October 2019) - (Charities SORP (FRS.102)), the Financial Re1ing Standard applicable in the UK and Republic of ]reland (FRS 102) and the Companies Act 2006. Basis of preparation Gedling Conservation Trust Ltd meets the definition of a public benefft entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value ullIe othenvise stated in the relevant aoUnting policy notes. Gofing coneern The trustees consider that there are no materlal uncertainties about the charitys ability to continue as a going concern nor any significant areas of uncertainty that affect the wing value of assets held by the charity. Exemption from preparlng a eash flow statement The charity opted lo early adopt Bulletin I published on 2 Febnwy 2016 and have therefore not included a cash flow statement in these fllwicial statements. Income and eDdowments All income is recognised once the charity has ¢ntitlement to the income. it is probable that the income will be received and the amount of the income receivable can be measur¢d lIablY. Page 9
Gedling Conservation Trust Ltd Notes to the Financial Staten)ents for the Year Ended 30 June 2024 Donalions andlegaci Donations are recognised when the charity has been notified in writing of both the amouDt and settlement date. In the event that a donation is subject to conditions that require a level of perfornwce by the charity before the charity is entitled to the fund4 the income is defeffed al not recognised until either those ndItiOnS are fully mel or the fulfihrjent of those conditions is wholly within the control of the clwity and it is probable that th¢se collditions will be fulfilled in the reporting period. Grants receble Grants are recognised when the charity has an entÉtlement to the fimd5 and aDy conditions linked to the grdnts have been met. Where p¢rforn]aDce conditions are attached to the grant and are yet to be meL the income is recognised as a liability and included on the baIance sheet as defezred income to be released. Expenditure All expenditure is recognised once there is a legdl or constructive obligation to that expenditur4 it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditUTe heading that aggregate similar costs to that category. Where costs cannot be directly atlnl)uted to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the b&sis of time spent, and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated based on the spread of staff cost& Charllable aclivitiaf Charitable expenditure comprises those costs incurred by the cbarrty in the delivery of its activities and services for its beneficiaTies. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Government grants Governm¢nt grants are recognised based on the aCcnl model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to &wts. Grants relating to revenue ar¢ recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the eL Where part of a grant relating to an asset is defeTred. it is recognised as defeTr¢d income. Taxation The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it meets the defltIOn of a charitable company for UK corporation tax puiposes. Accordingly, the charity is potentially exempt from laxation ID respect of InMe or capital gains received within categories Covered by Chapter 3 Part I l of the Corporation T&x Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992. to the extent that such income or gain5 are applied ¢xtlusiv¢ty to charitsble purposes. Tangible rued assets Individual fixed assets costing £0.00 or more are inittally record at cosl less any subsequent accumulated depreciation and subsequ¢nt accumulated impairrn¢nt1055¢5. Depreclatlon and 8mOrtisation Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows: Pag¢ 10
Gedling Conservation Trust Ltd F4otes to the Financial Statements for the Year Ended 30 June 2024 Asset elass Furniture and equipment Depreeiation method and rate 25 % to 33 % on Reducing Balance Cash and cash equivalents Cash and cash equivalents comprise cash on hand and rall deposi and other short-tenn highly liquid investments that are readily WnVern1e to a known amount of cash and are subject to an insignificant risk of change in value. Borrowfings Interest-bearing born)wings are initially recorded at fair value. net of transaction costs. Interest-bearing boThowings are subsequently carried at arnortised cosL with the difference between the pr4xeed5, Det of traDsaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the r¢levant bormwing. Interest expense is recognised on the basis of the effective iolffest method and is included in interest payable and similar charges. Bormwings are classified as current liabilities Unle the tharity I$ an unconditional right to defer settlement of the liability for at least twelve months after the rqX)7g date. Fund structure Unrestricted income funds are general funds that areavailable for use at th¢ trustees discretion in furtherdnce of the objectives of the charity. Restricted income fimds are those doDated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose. Financial instruments Cl4wficalion Financial assets and financial liabilities are recognised when the charity becomes a party to the ¢ontrdCtual provisions of the instrument. Financial liabilities and equity instiuments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities. Page 11
Gedling Conservation Trust Ltd Notes to the Financial Statements for the Year Ended 30 June 2024 Reeognlth)n and measuremenl All financial &ssets and liabilities are initially me&8ured at transaction price (including transaction costs), except for those fmancial assets classified as at fdir value through profit or loss, which are initially measured at fair value (which is nonnally the transaction pric¢ excluding transaction costs). unless the arrnigement ¢onstitut¢s a fmancing transaction. If an arrangement coDstitut¢s a fmancing transaction, the financial asset or finaDcial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrumenL Financial assets and liabilities are onty offset in the statement of financial position Whe and onty when there exists a legally enforceable rigbt to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liabilty simultaneously. FinancÉal assets are derecognised when and only when a) the contractual rigbts to the cash flows from the fmancial asset expire or are settlel b) the Chlty transfers to another party SUbstantilY all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all. significant risk8 and rewards of ownership. has transfetted control of the asset to aDother party. Financial liabilities are d¢regnised ODty when the obligation specified in the contract is discharge4 cancelled or expires. Page 12
Gedling Conservation Trust Ltd Iyotes to the Financial Statements for the Year Ended 30 June 2024 Debi inslrnments Debt instruments which meet the following conditiO]L8 are subsequentty measured at amortised cost using the effective interest method: (a) The iontractual return to the holder is (i) a fixed amount. (i)i a positive fixed rdte or a positiTre variable rate; or (lll) a combination of a positive or a negative fixed rdte and a positive variable rate. (b) The contract may provide for repayments of the principal or the return to the holder (but not both) to be linked to a single relevant observable index of general price iDfiation of the CUTrency in which the debt instrutn¢nt is den0minatr provid¢d such links are not l¢v¢rage(L (c) The contract may provide for a detern]iNble variation of the return to the holder during the life of the instrument, provided that (i) the new rate satisfies condition (a) and the variation is not contingent on future events other than (l) a change of a contrdctual variable rate" (2) to protect the holder against credit deterioration of the issuer. (3) changes in levies applied by a central bank or arising from changes in relevant taxation or law. or (li) the new rate is a market rate of interest and satisfies condition (a). (d) There is no contrdctual provision that coul(L by its tern, result in the holder losing the principal amount or ally interest attributable to the CUTrent period or prior periods. (e) Contractual provisions that pern)it the issuer lo prepay a debt instrument or permit the holder to put it back to the issuer before maturity are not contingent on firture events, other than to protect the holder against th¢ credit deterioration of the issuer or a change in control of the issuer. or to protect the holder or issuer against changes iri levies applied by a ¢traI bank or arising from changes in relevant taxation or law. (fj Contractual provisions may permit the extension of the terni of the debt iDstrumenL provided tbat the return to the holaer and any other contractual provisions applicable during the extended tenn satisfy the OndItiOnS of paragraphs (a) to (c). Debt instruments that ate C1ified as payable or receivable within one year on initial recognition and which meet the above conditions are measured at the undiscoullted amount of the casb or other considerntion expected to be paid or received. net of impairrnenL With the exception of some hedging InStnm oth¢r debt instruments not meeting these conditions are measured at fair value through profit or loss. Commitments to make and receive loans which meet the conditions mentioned above are measured at cost (which be nil) less ImpaicnL Inveslments Investments in non-conVeje preference slthres and non-puttable ordinary or preftrence shares (where shares are publicly traded or their fair value is reliably measurable) are me&sured at fair value through profit or loss. Where fair value cannot be measured Teliabty. investments are me&sured at cost less impainnenL Investtnents in subsidiaries and &w)¢iat¢s ar¢ me&wred at cost less impairnienL For investhients in subsidiaries acquired for consideration including the issue of shares qualifying for merger relief, Cost is n)easur¢d by reference to the nominal value of the sha$ issued plus fair value of other consideration. Any premium is ignored. Page 13
Gedling Conservation Trust Ltd Notes to the Financial Statements for the Year Ended 30 June 2024 Derlvailveflnaxa'alinslruments The charity uses derivative finaDcial iDStruments to reduce exposure lo foreign exchange risk and interest rate movements. The charity does not hold or issue derivative fmancial instiwments for speculative PUTW)ses. Derivative5 are initially rognIsed at fair value at the date a derivative contrdct is eThtered into and are subsequently reme&sured to their fair value at each Teporting date. The resulting gain or loss is recognised in statement of financial activities immediately unless the derivative is designated and effective as a hedging iDstrtllnent, in which event the timing of the reco[tion in statement of financial activities depends on the nature of the hedge relationship. Folr value measureme The best evidence of falr value is a quoted price for an idenlical a&8et in an a1Ve markeL When quoted prices are unavailable, the price of a recent Iransaction for an Identi &8set provides evidence of fair value as long as there has not been a significant change in economic c]UMceS or a significant lapse of time since the transaction took place. If the market is not actAve and recent transactions of an identical asset on their own are not a good estimate of fair value, the fair value is estirnated by using a valuation technique. 3 Income from donations and legacie5 Unrestricted funds General Restricted funds Total funds DonatiODS and legacies. Doiiations from individuals Grants, including capithl grdnts" Government grants 22.612 22,612 10.632 10,632 Total for 2024 22,612 10,632 33244 Total for 2023 3,585 6,861 10,446 4 Investment income Unrestrlcted funds General Total funds Interest receivable and similar income; Interest receivable on bank deposits 930 930 Total for 2024 930 930 Total for 2023 417 417 Page 14
Gedling Conservation Trust Ltd Notes to the Financlal Ststements for the Year Ended 30 June 2024 S Expenditure on raksing funds Auoeated support Costs Totsl eosts Total for 2023 15.166 15,166 6 Expenditure on eharitsble artivities unStriCted funds General Restricted funds Total funds Total for 2023 11,166 4,OIXI 15,166 Activity support costs Total expenditure Total for 2023 15,166 15,166 Page 15
Gedling Conservation Trust Ltd Notes to the Financial Statements for the Year Ended 30 June 2024 7 Net incomingloutgoing resources Net Incomin(OUtgoIllg) resources for the year include: 2023 Depreciati(In of fixed assets 8 Trustees remuneration and t4nSeS No trustees, nor any persons connected with the have received any remunerdtion from the charity during the No trustees have Trfeived any reimbursed expenses or any other benefits from the chaTity during the year. 9 Taxatlon The charity is a registered charlty and is therefore exempt from taxation. 10 Tangible red assets Furniture and equipment Totsl Cost At l July 2023 496 496 At 30 June 2024 496 496 Dcpreciation At l Juty 2023 Charge for the year 489 489 At 30 June 2024 490 490 Net book value At 30 June 2024 At 30 June 2023 11 D¢btors 2024 2023 Prepaynents 98 128 12 Cash 2nd cash equivalents 2024 2023 Cash at bank 55,728 34298 Page 16
Gedling Conservation Trust Ltd Notes to tbe Finaneial Statements for tbe Year Ended.30 June 2024 13 Creditors: amounts falling due within one year 2024 2023 Other t&xation and social secuTity 170 170 14 Fund5 Balance at I Juty 2023 Intoming BaJaDce at 30 June 2024 eIpended Unwtricted funds General 19.303 23.812 (1.346) 11,699 41.769 Restrieted fllnds 14,960 10.632 13,893 Total funds 34263 34,444 (13,045) 55,662 Balance at I July 2022 Ineomillg Balance at 30 June 2023 expende41 Unrestrieted funds General 15,997 4252 (946) 19303 Restrleted funds 22,319 6.861 (14.220 14,960 Total funds 38,316 11,113 (15.166) 34,263 15 Analysis of net assets between funds UDrestricted funds General Total funds at 30 June 2024 Restrleted funds Tangible fixed assets Current assets Current liabilities 32,104 23,722 (170) 55,826 {170) Total net assets 32,110 23,552 55.662 Page 17
Gedling Conservation Trust Ltd Notes to the Financial Statements for the Year ETrded 30 June 2024 Unrestricted funds General Total fllnds at 30 June 2023 Restricted funds Tangible fed assets cent assets Current liabilities 9.039 25.387 (170) 34,426 (170) 34263 Total net assets 25217 16 Analysis of net fnnds FinanciDg cash nows At 30 June 2024 . At l July 2023 Cash at bank and in hand 34,298 21,430 55.728 Net debt 34298 21,430 Financing ea5h flow5 55,728 At 30 June 2023 Al l Juty 2022 Cash at bank and in hand 21,293 13,005 34,298 Net debt 21,293 13,005 34,298 Page 18
Gedling Conservation Trust Ltd ststement of Financial Activities by fund for the Year Ended 30 June 2024 Unrestrkted funds Restricted funds Totsl 2024 Total 2023 Note Income and Endowments from: Donations and legaci¢s ]nvestment income Other income 22.612 930 270 10.632 33244 930 270 10,446 417 250 Total income 23.812 10.632 34.444 11.113 Expenditure on: Charitable activities (1.346) (11.699) (13,045) (15,166) Total expenditure (1,346) (11,699) (13,045) (15,166) Net incomel(expendltu) Net movement in fim(18 (1.067) 21.399 (4,053 (1.067) 21.399 (4.053) Reeonciliation of funds Total funds brought forward 19.303 14,960 34263 38316 Total funds carried forward 14 41.769 13,893 55,662 34,263 This pa.ge does not forni part of the sLthrtory financial stslements. Page 19
Gedling Conservation Trust Ltd Detailed Statement of Financial Aetivities for the Year Ended 30 June 2024 l)ondllons and legacies Dollations - restricted fund Donations - unrestricted fill UK Government grants 1,4(K) 3,585 5,461 22,612 10,632 33,244 10,446 InJw1nl income Interest on cash deposits 930 417 930 417 Other incon Gift aid reclaim Wayleave income 20 250 250 270 250 Charllable adivirfes Wages and salaries Rent Insurance Lagoon improvements General mainance Printin& postage and stationery Sundry exp¢nses Website Bank charges Depreciation of plant and machinery (10,220) (520) (628) (507) (452) (581) (64) (10,220) (520) (765) (1.370) (2,110) (50) (58) (72) (i) (15,166) (72) (i) (13,045) This page does not forni part of the statutory fmancial statements. Page 20