the Eternal Forest Trust ltd
Trustees’ Annual Report for the financial year ending June 30[th] 2023
Charity name: The Eternal Forest Trust Limited
Charity number: 1110801 Company number: 5163451
Registered Office: Garth, 22 West End Parade, Pwllheli, Gwynedd LL53 5PN
Trustees between 1[st] July 2022 and 30[th] June 2023:
Arabella Melville Berni Cavanagh Sara Roberts Helen Liddle Pat MacDonald Bill Pywell (resigned 18/10/2022) John Willott (resigned 17/10/2022) David Atkinson (resigned 9/1/2023)
Objectives & activities
The Charity is a Company Limited by Guarantee, incorporated in 2004 with the following Objects:
-
To restore or create woodland/forest of indigenous species and encourage and protect the many levels of plant, animal and other life which are native to these habitats.
-
To encourage and facilitate use of these woodlands for educational purposes, to enable members of the community to gain knowledge and appreciation of their natural heritage.
-
To enable and encourage the disabled, particularly those who are reliant upon wheelchairs for mobility, to gain access to a natural woodland habitat throughout all seasons of the year.
-
To provide In memoriam facilities such as dedicating or planting specific trees, providing dedicated facilities such as gates and bird nesting boxes, scattering of ashes, and natural woodland burials.
The Wood
The Charity owns and maintains Boduan Sanctuary Wood, 7.5 acres of woodland near Pwllheli, where it carries out burials and offers a variety of other events. The wood is open to the public at all times except when storms might cause trees or branches to fall and it is checked regularly – particularly after gales - for hazards such as dangerous trees.
In relation to the first and third of the above Objects, the Charity has a continuing programme of felling spruce, particularly in areas where wheelchair-friendly paths are required to create access to new burial areas. Where spruce have been felled, selfseeded indigenous trees such as oaks, beeches, rowans, hollies and hawthorns appear. The numbers of wild flowers, notably native bluebells, continue to increase as
the Charity’s woodland team clear spruce and propagate native species. A new section of woodland to the East of the area currently used is now being opened up.
Burials and Burial Plots
The Charity’s primary focus is on providing woodland burial. In the financial year from July 1[st] 2022, we carried out 22 full human burials and buried the ashes of six people. In addition, a pre-term baby was buried in the dedicated Baby Grove. These figures reflect a gradual increase in demand for the services offered by the Charity. In total, we have buried a total of 280 people (including cremated ashes) since 2005, when the Charity was founded.
Burial in this beautiful, peaceful place is a very special event for all concerned, with every family or group of mourners choosing their own unique ceremony of remembrance. We never do more than one burial in a day so nobody is rushed and we encourage and support mourners to design a special day.
Feedback from mourners, which comes to us in the form of social media contact, letters and cards, and via the Association of Natural Burial Grounds (of which we are a member) has been entirely positive. Woodland burial helps people to come to terms with the death of their loved ones and creates a place to which they can return whenever they wish. Families are encouraged to plant wildflowers, sourced from the wild plant nursery in the wood, on graves and this too can be therapeutic.
The Charity is confronting some pressure on burial space as the most readily available plots have been taken. We have been particularly concerned to ensure that there would be sufficient space available at short notice for the burial of people who have not booked places in advance. We are happy to report that we have not had to turn anyone away.
Each family receives a map showing the precise location of the grave site, alongside a photograph and a map reference so that they can find the grave in the future, and to ensure that each plot is reserved solely for those who booked it. Booked plots in Boduan Sanctuary Wood are reserved in perpetuity for use by the booker but ownership remains with the Charity.
The Charity emphasises the ecological relevance of burial in its slogan, Connecting the Cycles of Life. This concept can help people to come to terms with the loss of loved ones.
Events, Celebrations and Volunteering
There has been a gradual return to normality after the Covid-19 epidemic. Regular Volunteer Sundays began again in late 2022 and became increasingly well attended through 2023. These are held on the last Sunday of every month and are occasions for social contact as well as opportunities for volunteers to provide practical help in the wood. Volunteers learn about native woodland – for example, learning to identify young trees – and do whatever practical work is both appropriate for them and useful to the Charity. In October 2022 the Charity held a celebration and fund-raising party in the wood, where TV celebrity Kate Humble was welcomed as our Patron. The party was well attended and raised over £2,000 to help the Charity launch its attempt to establish a new burial site on Anglesey.
The Office
The Charity’s General Manager, Julia Everitt, has been very busy during this year, carrying out detailed audits of bookings and burials in the wood and setting up new systems both for accurate record-keeping and to ensure the smooth running of the Charity’s work in the wood and in the Pwllheli office.
Members of the public can contact the office by post, email, Facebook, telephone, or in person, seven days a week.
2
Financial Review
Income
Members of the public were the main source of the Charity’s income during 20222023. About 70% of this was fees for bookings and burials and the rest, donations. Whenever possible, the Charity claims Gift Aid on donations. The Charity’s income has been rising year on year, as it becomes better known and demand for its services increases. A £1,500. grant was also received in May 2023 from Medrwn Môn. Arts, Culture, Heritage and Environmental Fund.
Expenditure
There were no major capital purchases in the period covered by this report. The largest single cost to the Charity was labour. The Charity has one full-time employee (the Manager) and works regularly with specific self-employed individuals, notably our Grave Diggers and Woodspeople, who offer their services when required. Expenditure has been rising year on year, partly because of inflation but also because the labour required to maintain the wood and its paths and facilities increases with the increasing area of land in use. Felling becomes more challenging as the trees grow larger and more specialised personnel are needed.
Banking
The Charity holds two accounts with Triodos Bank, one of which is its current account, whilst the other holds reserve funds to cover the costs of pre-paid burials and funds sufficient to manage potentially expensive issues such as loss of income, a requirement for replacement of capital equipment such as the tractor or mini-digger, or widescale tree surgery after a severe storm. Triodos Bank was chosen because it is entirely ethical, with a strict policy of lending only to socially and environmentally responsible organisations. The Charity has no other investments and no plans to establish any. No funds are held as custodian trustee on behalf of others.
Governance and Management
The Trustees work together to manage and oversee the work of the Charity. All give their services voluntarily and none receive any remuneration or any other benefit in return for this work. The Board meets at least quarterly.
The organisation has no Chairperson. Meetings are chaired by whosoever is willing to take this role on the day. The only regular meeting is the AGM; Board Meetings are convened when there are matters to discuss.
Risk management is recognised as the responsibility of all but specific individuals accept responsibility for their areas of expertise.
New Trustees and others who work on behalf of the Charity most often arrive initially as volunteers in the wood and may be invited to offer themselves as potential Board Members if they are seen to have skills or knowledge that the Charity regards as valuable.
Exemptions from disclosure
There are no exemptions from disclosure.
Arabella Melville, Trustee.
Trustees’ Annual Report approved by the Board of Trustees on 21/2/2024
3
The Eternal Forest Trust Limited
FINANCIAL ACCOUNTS FOR THE YEAR ENDED 30th June 2023
Company Registration Number: 05163451 Charity Registration Number: 1110801
A. Hughes-Jones, Dyson & Co
Chartered Accountants
Caernarfon
The Eternal Forest Trust Limited
| Contents | Page |
|---|---|
| Independent Examiners Report | 1 |
| Statement of Trustees' Responsibilities | 2 |
| Income & Expenditure Account | 3 |
| Statement Of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes | 6 - 8 |
1
Independent Examiner's Report To The Trustees Of The Eternal Forest Trust Limited
I report to the charity trustees on my examination of the accounts of the company for the year ended 30th June 2023, which are set out on pages 2 - 8.
Responsibilities and Basis of Report
As the Charity's trustees of the company (and also its directors for the purpose of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 (the '2011 Act'). In carrying out my examination I have followed the directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent Examiner's Report
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
(1) accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or
-
(2) the accounts do not accord with those accounting records; or
-
(3) the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or
-
(4) the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended practice for the accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with this examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
B Hughes FCA A. Hughes Jones Dyson & Co. Chartered Accountants & Statutory Auditors Capel Moreia, South Penrallt Caernarfon, Gwynedd, LL55 1NS. Date:
2
The Eternal Forest Trust Limited
Statements of Trustees' Responsibilities
The Trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and regulations.
Company law requires the Trustees to prepare financial statements for each financial year. Under that law the Trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the Trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
make judgements and estimates that are reasonable and prudent;
-
state whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial accounts;
-
prepare the financial accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial accounts comply with Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
By Order of the Board
Date
3
The Eternal Forest Trust Limited
Income and Expenditure Account For The Year Ended 30th June 2023
| Notes Income Direct Expenditure Gross Surplus Other Operating Expenditure Operating Surplus 2 Investment Income Surplus For The Year Funds Balances Brought Forward Funds Balances Carried Forward |
2023 £ 53,396 52,469 927 - 927 610 1,537 157,672 159,209 |
2022 £ 79,933 49,055 |
|---|---|---|
| 30,878 - |
||
| 30,878 17 |
||
| 30,895 126,777 |
||
| 157,672 |
4
The Eternal Forest Trust Limited
Statement of Financial Activities for the Year Ended 30th June 2023
| Notes Income Donations Investment Income - Bank Interest Charitable Activities 4 Total Income Expenditure Charitable Activities 5 Total Resources Expended Net Incoming Resources Transfers Between Funds Net Movement In Funds Fund balances brought forward Balances Carried forward |
Unrestricted Funds £ 18,776 610 34,620 54,006 52,469 52,469 1,537 - 1,537 157,672 159,209 |
Restricted Funds £ - - - - - - - - - - - |
Total Funds 2023 £ 18,776 610 34,620 54,006 52,469 52,469 1,537 - 1,537 157,672 159,209 |
Total Funds 2022 £ 31,402 17 48,531 |
|---|---|---|---|---|
| 79,950 | ||||
| 49,055 | ||||
| 49,055 | ||||
| 30,895 - |
||||
| 30,895 126,777 |
||||
| 157,672 |
5
The Eternal Forest Trust Limited
Balance Sheet as at 30th June 2023 (Company Number: 05163451)
| Notes Fixed Assets Tangible Assets 8 Current Assets Cash at Bank and In Hand Liabilities: amounts falling due within one year 9 Net Current Assets Net Assets Funds Unrestricted Restricted |
£ £ £ £ 37,911 38,490 125,403 122,415 125,403 122,415 4,105 3,233 121,298 119,182 159,209 157,672 159,209 157,148 - - 159,209 157,148 2023 2022 |
|---|---|
The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2023 in accordance with Section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for:
-
(a) ensuring that the company keeps accounting records which comply with Section 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
The financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
The Financial Statements were approved by the Trustees on 2023 and signed on their behalf by:
-Trustee
-Trustee
6
The Eternal Forest Trust Limited
Notes To The Accounts For The Year Ending 30th June 2023
1 Accounting Policies
Basis Of Accounting
These financial statements have been prepared in accordance with the provisions of Section 1A ''Small Entities'' Reporting Standard for Smaller Entities and in accordance with the Statement of Recommended Practice of the Financial Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'',the Companies Act 2006 and the SORP Accounting By Charities.
The financial statements have been prepared under the historic cost convention.
Income
All incoming resources are included in the SOFA cash basis.
No amounts are included in the financial statements for services donated by volunteers.
Expenditure
All expenditure is accounted for on an cash basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on the basis consistent with use of the resources.
Capitalisation and depreciation of tangible fixed assets
All assets costing more than £300 are capitalised. Fixed assets are included in the balance sheet at cost. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a reducing balance basis over their expected useful economic lives as follows:
Equipment- 20%-25% reducing balance
Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes.
-
2
-
3
| Net Incoming Resources for the year is stated after charging; Depreciation on Tangible Fixed Assets Staff Costs Salaries Employers Pension |
2023 £ 2,064 2023 £ 28,577 593 29,170 |
2022 £ 2,166 |
|---|---|---|
| 2022 £ 26,149 346 |
||
| 26,495 |
The average number of employees was 2 (2022 2).
7
The Eternal Forest Trust Limited
Notes To The Accounts For The Year Ending 30th June 2023
4 Income From Charitable Activities
| Income From Charitable Activities Unrestricted Funds £ Burial service charge 29,097 Other incone 4,023 Grants 1,500 34,620 |
Restricted Funds £ - - - - |
Total Funds 2023 £ 29,097 4,023 1,500 34,620 |
Total Funds 2022 £ 43,579 1,952 3,000 |
|---|---|---|---|
| 48,531 |
| 5 Expenditure On Charitable Activities Unrestricted Funds £ Contractors 7,284 Salaries 28,577 Pension Costs 593 Sundry Expenses 2,600 Repairs 3,914 Hire of Equipment - Advertising 974 Support Costs 6,463 Depreciation 2,064 52,469 6 Support costs Unrestricted Funds £ Telephone 698 Post & Sationery 1,296 Travelling costs 374 Insurance 1,332 Accountancy 864 Professional Fees 1,760 IT Costs - Bank charges 139 6,463 |
Restricted Funds £ - - - - - - - - - - Restricted Funds £ - - - - - - - - - |
Total Funds 2023 £ 7,284 28,577 593 2,600 3,914 - 974 6,463 2,064 52,469 Total Funds 2023 £ 698 1,296 374 1,332 864 1,760 - 139 6,463 |
Total Funds 2022 £ 9,528 26,149 346.00 1,599 2,419 284 - 6,564 2,166 |
|---|---|---|---|
| 49,055 | |||
| Total Funds 2022 £ 593 1,145 1,120 1,275 1,440 672 175 144 |
|||
| 6,564 |
Expenses were re-imbursed to trustees amounting to £Nil (2022 £86) A salary amounting to £2,577 (2022 £3,120) was paid to one Trustee.
7 Trustees
8
The Eternal Forest Trust Limited
Notes To The Accounts For The Year Ending 30th June 2023
| 8 Tangible Fixed Assets Cost At 1st July 2022 Additions As at 30th June 2023 Depreciation At 1st July 2022 Charge for year As at 30th June 2023 Net Book Value As at 30th June 2023 At 30th June 2022 9 Current Liabilities: Creditors due within one year Other Taxation & Social Security Costs Other Creditors |
Land 30,000 - 30,000 - - - 30,000 30,000 2023 £ 357 3,748 |
Land 30,000 - 30,000 - - - 30,000 30,000 2023 £ 357 3,748 |
£ 11,674 1,485 Office Furn/ Equipment |
Total £ 41,674 1,485 43,159 3,184 2,064 5,248 37,911 38,490 2022 £ 402 2,831 |
|
|---|---|---|---|---|---|
| 13,159 | |||||
| 3,184 2,064 |
|||||
| 5,248 | |||||
| 7,911 | |||||
| 8,490 | |||||
| 4,105 | 3,233 |
The Eternal Forest Trust Limited is a company limited by guarantee and does not have any share capital.
10 Share Capital
The Eternal Forest Trust Limited
FINANCIAL ACCOUNTS FOR THE YEAR ENDED 30th June 2023
Company Registration Number: 05163451 Charity Registration Number: 1110801
A. Hughes-Jones, Dyson & Co
Chartered Accountants
Caernarfon
The Eternal Forest Trust Limited
| Contents | Page |
|---|---|
| Independent Examiners Report | 1 |
| Statement of Trustees' Responsibilities | 2 |
| Income & Expenditure Account | 3 |
| Statement Of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes | 6 - 8 |
1
Independent Examiner's Report To The Trustees Of The Eternal Forest Trust Limited
I report to the charity trustees on my examination of the accounts of the company for the year ended 30th June 2023, which are set out on pages 2 - 8.
Responsibilities and Basis of Report
As the Charity's trustees of the company (and also its directors for the purpose of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 (the '2011 Act'). In carrying out my examination I have followed the directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent Examiner's Report
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
(1) accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or
-
(2) the accounts do not accord with those accounting records; or
-
(3) the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or
-
(4) the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended practice for the accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with this examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
B Hughes FCA A. Hughes Jones Dyson & Co. Chartered Accountants & Statutory Auditors Capel Moreia, South Penrallt Caernarfon, Gwynedd, LL55 1NS. Date:
2
The Eternal Forest Trust Limited
Statements of Trustees' Responsibilities
The Trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and regulations.
Company law requires the Trustees to prepare financial statements for each financial year. Under that law the Trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the Trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
make judgements and estimates that are reasonable and prudent;
-
state whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial accounts;
-
prepare the financial accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial accounts comply with Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
By Order of the Board
Date
3
The Eternal Forest Trust Limited
Income and Expenditure Account For The Year Ended 30th June 2023
| Notes Income Direct Expenditure Gross Surplus Other Operating Expenditure Operating Surplus 2 Investment Income Surplus For The Year Funds Balances Brought Forward Funds Balances Carried Forward |
2023 £ 53,396 52,469 927 - 927 610 1,537 157,672 159,209 |
2022 £ 79,933 49,055 |
|---|---|---|
| 30,878 - |
||
| 30,878 17 |
||
| 30,895 126,777 |
||
| 157,672 |
4
The Eternal Forest Trust Limited
Statement of Financial Activities for the Year Ended 30th June 2023
| Notes Income Donations Investment Income - Bank Interest Charitable Activities 4 Total Income Expenditure Charitable Activities 5 Total Resources Expended Net Incoming Resources Transfers Between Funds Net Movement In Funds Fund balances brought forward Balances Carried forward |
Unrestricted Funds £ 18,776 610 34,620 54,006 52,469 52,469 1,537 - 1,537 157,672 159,209 |
Restricted Funds £ - - - - - - - - - - - |
Total Funds 2023 £ 18,776 610 34,620 54,006 52,469 52,469 1,537 - 1,537 157,672 159,209 |
Total Funds 2022 £ 31,402 17 48,531 |
|---|---|---|---|---|
| 79,950 | ||||
| 49,055 | ||||
| 49,055 | ||||
| 30,895 - |
||||
| 30,895 126,777 |
||||
| 157,672 |
5
The Eternal Forest Trust Limited
Balance Sheet as at 30th June 2023 (Company Number: 05163451)
| Notes Fixed Assets Tangible Assets 8 Current Assets Cash at Bank and In Hand Liabilities: amounts falling due within one year 9 Net Current Assets Net Assets Funds Unrestricted Restricted |
£ £ £ £ 37,911 38,490 125,403 122,415 125,403 122,415 4,105 3,233 121,298 119,182 159,209 157,672 159,209 157,148 - - 159,209 157,148 2023 2022 |
|---|---|
The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2023 in accordance with Section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for:
-
(a) ensuring that the company keeps accounting records which comply with Section 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
The financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
The Financial Statements were approved by the Trustees on 2023 and signed on their behalf by:
-Trustee
-Trustee
6
The Eternal Forest Trust Limited
Notes To The Accounts For The Year Ending 30th June 2023
1 Accounting Policies
Basis Of Accounting
These financial statements have been prepared in accordance with the provisions of Section 1A ''Small Entities'' Reporting Standard for Smaller Entities and in accordance with the Statement of Recommended Practice of the Financial Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'',the Companies Act 2006 and the SORP Accounting By Charities.
The financial statements have been prepared under the historic cost convention.
Income
All incoming resources are included in the SOFA cash basis.
No amounts are included in the financial statements for services donated by volunteers.
Expenditure
All expenditure is accounted for on an cash basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on the basis consistent with use of the resources.
Capitalisation and depreciation of tangible fixed assets
All assets costing more than £300 are capitalised. Fixed assets are included in the balance sheet at cost. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a reducing balance basis over their expected useful economic lives as follows:
Equipment- 20%-25% reducing balance
Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes.
-
2
-
3
| Net Incoming Resources for the year is stated after charging; Depreciation on Tangible Fixed Assets Staff Costs Salaries Employers Pension |
2023 £ 2,064 2023 £ 28,577 593 29,170 |
2022 £ 2,166 |
|---|---|---|
| 2022 £ 26,149 346 |
||
| 26,495 |
The average number of employees was 2 (2022 2).
7
The Eternal Forest Trust Limited
Notes To The Accounts For The Year Ending 30th June 2023
4 Income From Charitable Activities
| Income From Charitable Activities Unrestricted Funds £ Burial service charge 29,097 Other incone 4,023 Grants 1,500 34,620 |
Restricted Funds £ - - - - |
Total Funds 2023 £ 29,097 4,023 1,500 34,620 |
Total Funds 2022 £ 43,579 1,952 3,000 |
|---|---|---|---|
| 48,531 |
| 5 Expenditure On Charitable Activities Unrestricted Funds £ Contractors 7,284 Salaries 28,577 Pension Costs 593 Sundry Expenses 2,600 Repairs 3,914 Hire of Equipment - Advertising 974 Support Costs 6,463 Depreciation 2,064 52,469 6 Support costs Unrestricted Funds £ Telephone 698 Post & Sationery 1,296 Travelling costs 374 Insurance 1,332 Accountancy 864 Professional Fees 1,760 IT Costs - Bank charges 139 6,463 |
Restricted Funds £ - - - - - - - - - - Restricted Funds £ - - - - - - - - - |
Total Funds 2023 £ 7,284 28,577 593 2,600 3,914 - 974 6,463 2,064 52,469 Total Funds 2023 £ 698 1,296 374 1,332 864 1,760 - 139 6,463 |
Total Funds 2022 £ 9,528 26,149 346.00 1,599 2,419 284 - 6,564 2,166 |
|---|---|---|---|
| 49,055 | |||
| Total Funds 2022 £ 593 1,145 1,120 1,275 1,440 672 175 144 |
|||
| 6,564 |
Expenses were re-imbursed to trustees amounting to £Nil (2022 £86) A salary amounting to £2,577 (2022 £3,120) was paid to one Trustee.
7 Trustees
8
The Eternal Forest Trust Limited
Notes To The Accounts For The Year Ending 30th June 2023
| 8 Tangible Fixed Assets Cost At 1st July 2022 Additions As at 30th June 2023 Depreciation At 1st July 2022 Charge for year As at 30th June 2023 Net Book Value As at 30th June 2023 At 30th June 2022 9 Current Liabilities: Creditors due within one year Other Taxation & Social Security Costs Other Creditors |
Land 30,000 - 30,000 - - - 30,000 30,000 2023 £ 357 3,748 |
Land 30,000 - 30,000 - - - 30,000 30,000 2023 £ 357 3,748 |
£ 11,674 1,485 Office Furn/ Equipment |
Total £ 41,674 1,485 43,159 3,184 2,064 5,248 37,911 38,490 2022 £ 402 2,831 |
|
|---|---|---|---|---|---|
| 13,159 | |||||
| 3,184 2,064 |
|||||
| 5,248 | |||||
| 7,911 | |||||
| 8,490 | |||||
| 4,105 | 3,233 |
The Eternal Forest Trust Limited is a company limited by guarantee and does not have any share capital.
10 Share Capital