Charity rngistratM)n numbor 1120240
cOm￿nY registralion number 06128047 (England and Wal•sl
THE GREAT WOOD TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
IIIIIN
*ACFBPM55*
3111012023
COMPANIES HOUSE
A11
*20

THE GREAT WOOD TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Tntstees
Rwd J H &mmor
Mrs MAJ Simmons
Ar J Chambers
Ms S KeigNey
Mr J RenThson
Mr D ￿ltel￿Se
Rev'd C ¢￿n
Rev'd D Vthrtak
{Apwnted 5April 20231
Charfty number
1120240
Company number
Cfj128047
R•9i$t8f•d office
103 Argenlia Place
Portishead
Bristol
BS20 7QS
Ind•pondent emmimr
Mr P J Bwton FCCA
ART Accountants Lwnibj
Ground Flcor
11 Manvers Street
eath
BA1 1JQ
8ank•rs
HSBC Bank plc
62 George Wxte Street
Cabot CITOJS
Biislol
BS13aA

THE GREAT WOOD TRUST
CONTENTS
Page
Trusteos. repcrft
Independent examine¢s repxt
Slatgment of finarrial a¥iwtie5
Balar￿ Sheet
Notes to the financiat 5ta*merts
8-18

THE GREAT WOOD TRUST
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2023
The tn&stees present thw"r ￿Nal ￿Ort and financ4al statements for the year ended 31 March 2023.
The finrrial $tstements have bew tryared in aCC￿e ￿ ty19 a¢¢cwnlirvJ F*Jlh?es set out in nots 1 to Ihe
ffinancial slalemenls and cOM￿Y th8 ch*ty$ govemiro th¢umeni. the Compani8s Act 20C6 and
"Accounting and Reporb"ng by Chanties.. Statement of Recommended Practice apF4icable to ¢harrfie$ preparing
their a¢¢ount$ in accordance wth the Finanual Reporti'ng Stsrtrjard applicab$8 in Ihe UK and Republic of Ireland
IFRS 1021 leff¢¢tiv¢ 1 J￿￿ary 20191"
Objectives and activities
The Chaws Obj￿ are to advance the Chrislian farfh in accLvdarte wilh the ch￿l1￿S Statement of Beliefs in
Somerset aThJ in such othar parts of the Unit8d ￿"ngdoM or the wuld as the Trustees may from time to time thiTh
fit and to fulfil such other PWFX)ses vthtch are exdusivety charilat>le lo the law of EngLand and M&les
and are Connected wth ¢harrtable work of thè Trust
The tnJste&s have paid ¢*J8 rggard to gudw iSsL￿d Chatity CrxnmtssiM in d￿lIng what &tiwtios Ihe
ch¥ity should wKlertake.
A¢hieveme+tts and p8rf0rn)ane•
The Charity took over the management of Vèt(¥l Cany on 1st Awil 2￿7. The site is in use during th•
rnonlhs March to Nov8mbgr in any year.
In August 2014. the sav￿ Trust adva￿ed a loan of £2￿,￿) interest free 10 yew loan secured by way of
ffirst char90 on fre8hok1 in order to facilrtat8 the wfchase of ts ste. TIMS is being repaid by 8n anNal
grant of £20K frown The Slavanka Trust, re¢wvable on the condition that the trustees of The Slavanka TrLt5t are
satisfied that the charitable xts'vities currenljy carried ffi by the Great Trust ¥e continuing broadty as at
pre￿l A$ al 31st March 2￿23 £20,1x￿ remained outstanthrYJ.
Scripture UnKJn have used (>eat V*￿1 for many ￿fs for the pmvisron ofclyistian holidays weekends Due
to Covid restriction5 Scripttire Union was rvJt al￿e to a fijll prcoramme of holiday$ during the prev￿US year
and the impact of this made a mearmnglul irnpact on the Chanty, both from a ministry and finanaal p8rspeth"ve.
H(ywever in sept￿tser 2022 Sctipturè UnKm entered into • agreement for the use of G￿at for five
wéeks in tr* Summer holidays 2023 and 2024, $0 the summer mirwsty is rTh back on tra*.
OtherA¢hi•v•m•nts
In 2016 Somerset County Council signed a three year rL41iNJ lieense 4reement for Ihe use of the site for ￿rtain
Periods duriNJ Ihe ye8r, and a g¢Jod workn'ng ￿labOrt$hiP ¢ontinues behyeen the Trustees and volunteers working
lor the tharity and the staff of the Somerset cerrtre at Trfj5ve from which their acb"vrties are managed. In May 2021
a normal wogramme was resum8d I￿1(￿1￿ the restricbons whth had imposod as a.consequen￿ of th•
p￿demic. The Charity provthd a Ch•air¢y SeM"ce to Kifve thrrMJh)Lrt the tr.me vth•n they were using the srte.
In Seplember 2021 the Charity entered into a se￿ndment agreement ￿th South ￿*St Youth Minis￿$ (s￿￿}
ereby SWYM plawl with OLf fvll time Cha ￿ain a trainee vth) bs Studying for a Masters Deg￿t in Applied
Theology at Mot￿8ndS CdlegÈ in Cl)n'stthurch, Dorsèt. Thus has enabled ¥ meaningftl increase in the WOTk
wrtich our Ch8plwn can aCh￿ve especialy during when Great Camp is dosed for winter rnonths.
This ￿re￿nant terminated In Au9usI 2023 follo￿rg the gradualion of train8e. We are actively seeking a
suitable eandidat8 to tske his
During Ihe p￿VIouS year the kxs of incom& dL* to COVKI was alle¥ial8d by a futher s￿1#1 Loeal Aultiority grant
mado to the hosptslty sethr in Sc¥nwset.
An annual work party of voEuntggfS nornally cani8S Out a great of mairrtenanc• work duriThJ the Easter
h(Siday$, but Ihis was mt possi￿8 in 2021. Happily the full V+urk party rntumed to Camp in A￿1 2022.

THE GREAT WOOD TRUST
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Flnan¢lal retlow
The charity generated an Lmre$tri(Xed surplus of £77,640 {2022- surplus £7.7￿) (knring the year under review.
The unusually high s￿r￿U$ arose due to the exceptional generosty of OLY SUPPOrter5 and a I¢￿1 grant Making
trust partly in respL￿Se to an appeal for solar panels and a re￿acemern lor our ageing general stfft. The solar
pane15 were instslled in August 2023 arrfl thè sth wll be ￿0￿111 during the wnter of 2023124. Generaliry an
annual SUfFJus is ne¢essary to enable u5 to manL?n a steaty programme of improvements to the $ite.
Due to the national ￿On4VinJs pandernic ￿ Chapkin had been furf¢xthed ur*Jer Ihe Govemment Sch￿10
for part of Ihe PTO¥llyl$ year.
Our budget fryecast for 2023r24 iTrth¢*5 a small swtAus after chargir#J deweQats￿l on bjildirws.
Restricted funds of £764,271 ￿tro held at the year end {2022- £768.71n Ma￿lY in r8lation to donat￿n9 for the
Mess Hut AnThJal deweu&"M on ￿ nLw Mess H4rt 1$ d81Mled to this ￿l￿t
Tf* Trustees have rev¢thved th8 chari￿8 need for reserves in line V*ith the guidanr* given by the Ch¥ity
CommissiGn. Fadors taken into a¢cwnt indude the risk of flucluatsons in ger*ral bwking income, unforeseen
expeTr*ture on major repairs and t￿ need to rernvate a)d replxe buiklir#Js and equipment frcfft time to time.
The Trustees ¢on5ider il pr￿ent to Mld in 9gr*ra feser¥e ￿ amthrt e(wivalerrt to b8tr*e8n thr88 aTrJ six
months general exp￿tyjre.
The pol'cy on reseTh¢s is reviewed annu*ty.
The INstees have assessed the maj'or risk5 to wfftich the chwity is eX￿Se￿. and 58tisfied th* systom$ are in
pJac• to mrfigatg exposw8 to tha n￿lOr risks.

THE GREAT WOOD TRUST
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
Its Iha dalB oi signalurn of Ihe finorKial data1￿1$y*S1O".
SiNffnow*
Mrs MA J Stmn
Mr J Chambers
MsSKeW
ktrJ Rennison
A￿d kl H•*m
MrRWBa
D Vthitak
2023)
their eryloyTrent within the (wtinues aTrJ ltst the ap[￿?810 i# #rrwged. tt is th• polity of thè
Rerfd J H Simm(

THE GREAT WOOD TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE GREAT WOOD TRUST
I report on the financial $tatem•nts ot tr* Ch￿ tr the yw ended 31 Marth 2U23. whith are set wl on pages 5
to18.
Respective responsibilities of tfuslees and examln•r
The charitys trustees, who are aso the directors (* The Gfeat TN$t for thg wrposes of comparry law, are
responsible for the prèparation of tre ac£ounts. The trusiees cons¢der that an avdit is not r8quir8d for this year
uThJer seclion 144121 of the chariti.es A¢t 2011 (the 2011 A¢t} ar#1 that ¥n ir*erbJent èxaminats.on is needed.
The charFty's gross in¢ome exceeded £250.(D) I vAn qualified lo urKlert8ke the exarninat￿n being a qualified
member oftho AM￿lati0ft of Ch8rtw&J Cerbfied Acc£thants.
Havinq satisfi8d myseff Ihal the ¢h8rty ts rK)t $4*pc* to audit Lmder crynpany knv WKI 15 eli￿￿? fvr Irty￿dent
examination. rt is my responsilylity to..
examine finan0* $tatwn¥nts urth sectv￿ 145 ot the 2011 Ad"
lill to follt)w the Pfrte¢Jures laid in general DI￿tionS given by fv Chty Crynmission uTrJer section
14515llbl of the 2011 ￿ and
lii)I to state whether particLtlar m*t*s hav• come to my attentm.
8asl$ of Independ•nt examinerfs report
My examinabon was Carried txrt in act￿d￿ *ilh tr* gener* t)Ire¢l￿nS gven by Ch￿ty CLMnmission. An
examination includes a review of the accounting rec￿d$ kept by the ch¥ty and a comparison of the financial
stat8m8nts presented with Ihose records. It aso indudes c￿s￿leration of ￿Y unusual it￿$ c* disdosures in the
finanoal stat•ments. and s88knng explanalions from you as trustees corK•miro any such matters. The
pro¢edwes undertaken do not providg atl the eVKI￿¢8 that t• required in an audit and ￿￿sequen1JY no
opnion is giwn as to the fina[￿1￿ stat8mty)ts près•* a aThJ fair vi￿. the report 1$ limitsd to
thosa mattws set oul in the r*xt ststemenL
Indepgndent examinerfs statement
In connectr'on my examinab"on. no m*tter e(Yne to my attenbon..
lal vthich give5 me reasonawe cause to bel*ve that in wy maleiial ￿$F¢Ctthe reryirnments..
to keep a¢￿untr"ng records in xcordaKe wilh S￿h"On 388 of the CoMp￿1•sA￿ 2CL)6.' and
(ill to Prepa￿ finanual statements whth a¢¢ord ￿t￿ the a¢¢ounb"ng records. comply wth the aco)unting
r¢quirem¢nts ol sethon 396 of COmpan￿S Act 2Cth aThJ wlh the method5 and principles of the
Slat8m8nl of Re¢ommended A¢crAmts"rYJ Rep)￿"n9 by Chanb"es:
hove not been met
Ibl to whith, in rny opiniw. attenkn should be in txdgr to en¥Jle a proper und•rstandirYd cé th•
finanual $tatements to be rè¥hed.
Mr P J Barton FCCA
ART Accountants Limited
Chartered Certified ArKountarts
Ground Floc
11 Manvers Stre•t
Bath
PA11JQ
I￿ Loz3

THE GREAT WOOD TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2023
T¢Aal UnrestriL*ed Restrl¢ted
funds
funds
2022
2022
Tt)tal
funds
2023
lunds
2023
2023
2022
Notes
ome
Donations and
legacies
Charitable a￿v￿¢s
Inveslments
Other inc¢me
94,313
92,825
126.761
2.825
32
20.cA￿ ￿.435
21,008
22.
43,098
70.460
16.435
13.525
33.525
Total incomo
52.448
2ffi.053
104.993
42.0
147.083
Charitable activth*S
145,963
182.857
117.207
38.222
155,429
Net Incominglloutgoingi
rnsour¢•s before
trnnsfers
57.642
15,554
73.196
{12.214)
{8.346)
Gross transfgrs
botsffjen fvnds
{20,¢￿)
{20.C￿)
Net incom¢ll•xpndltur¢)
forthe yearl
Net mov•m•nt In ftsnds
7T.642
{4.446)
73.196
7.786
116.132)
18,3481
Fund balar￿S at 1 Awil
2022
7e8.717 1.17J.6(KI
347.097
784.849 1.131.946
Fund balanus at 31
March 2023
432.525
764.271 1.1￿.796
354.883
788.717 1.123.800
The statw*nt of fina￿481 ￿j¥￿"9$ iNJu¢les all gwns * ￿SSeS rwi5ed in the year.
All income and 8xpen¢fjbJrn derive from contiNing aclivities.
The statement of finanual acti￿t￿ also comF4ies V•ith the regrrirements for an In￿￿e and experKlibJre aco)unt
und8r the CoffwiesAct 2￿.

THE GREAT WOOD TRUST
BALANCE SHEET
AS AT 31 MARCH 2023
2022
Fixed assets
TarAJibJe 355ets
Current a5S
Dgbtors
Cash at bank aKI in hand
12
1,145.471
1,163.425
13
17.043
26.770
89.209
121271
43,813
Creditor5: amounts falling du• wlthln
on• year
14
{69.946)
163,6381
Net cuffent assds1lliabil￿esI
51.325
119.6251
Totsl ass¢ts less eurrqnt Il*biliti06
1.1*.796
1,143.61)J
Creditors.. amounts falling du• aft•r
morn than OM year
15
(20,OODI
Net assets
1.1*.796
1.123,6DJ
Ineome fvnds
Resiricted fLmds
Unrestricted fvrxts
16
7e4271
432.525
768.717
354.883
1.1￿.796
1,123,600

THE GREAT WOOD TRUST
&ALANCE SHEEr (coKnNUEO)
ASAf3t MARCH 2023
affair8 01 tr• o)mpany as 8t of fm•ndal ￿ and rf its res￿1￿ And a￿41(alon of
- I.L. knL3
R•rfd J H SThY#hW
Compary R•gl*atkn (16121047

THE GREAT WOOD TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Accounting policies
Charlty Infomiation
The Gr•at Trust is 8 private ¢cffipany lirnited by guèrantoe irtffjMx8ted in England and Wlales. TP
registered office is 103Argenba PLqce, P￿tiShead. Bristd. BS20 7QS.
1.1 Accounting ¢onvontlon
finaneAal statements have been prepared ni ac£ordarte with charitys govwning document, the
Companies Act 201A and "AccountirvJ •xl ReporbrvJ by Charibes.. Statement of Recommended Pracb"ce
applicable to charile5 prèp￿rvj their accounts in accc*tsrt8 wih the FIna￿ra1 Reporbng Standard
applicable in the UK 8nd Republ¢c of Irdand IFRS 102) leffeth.ve 1 January 20191.. The charity is a Publi¢
Benefit Enthty as dor￿ed ty FRS 102.
The Charity h85 taken advantage of the wovisms in Ih8 SORP for cfArib"es awying FRS 102 L&pdale 8Ldletin
1 not to wepare a Statement of Cash FkAvs.
The finanual s&*ernerrts arè prepared in sterfin9. which is ts lunclional curr•ncy of the rt￿rity. Monetary
amounts in Ihese fin￿cial statements are rounded 10 nearest £
The finaroal statements have bew prepared urthr the listorical cost convenlion. Imothfied io the
rovaluab.on of treelv)Id &wer￿e5 and to indude invoStment propwt"8s arKI certain finanaa insiwments at fair
valuel. Tho w'r￿￿01 WAYrtirvJ Foliae5 •S¥ted 8Te set ￿ Wow.
1.2 Going con¢em
At the of approwng tho fin￿al statements. Ihe trustees have a reasonatAe exF*ciation thal the charity
has adequate resources to ¢Onts"nL￿ in opwth.onal e￿stanCe ts Ihe Itre5eeab￿ fvrtwe. Thus lffustees
conlinue to adopt the gory C￿CeM basis of accwnting in pryry the financ4al slatemants.
1.3 Charitable lunds
Unrestnct¢d ftfftds are availatle for use at the discrelion of the In￿tee$ in fiJther8n(* of their charita1￿*
objectives.
Re$tn"cted fvnds are sutr4oct to sptr¢ffi¢ ¢LY¥Jith"o)s by as lo hcr* they may b& used. The purposes and
Ltses of the restricted funds are set out in the nc4es to the fin￿Cl￿ ststwngnts.
Endoyment funds ¥e SLts'ect to speufK ¢rnrJbons ty th)rm that cathl must be m&ntained ty I
charity.
1.4 Income
Inccffie is recegnised when th• ¢harity is legally enbtied to rt after any ￿f￿ance eonditi'ons have been met.
the amounts can be measure(I relialjy, arKI it is that wil be rffeived.
Cash donatiorts are recognised ￿ fec8iPt Other donations fecowised a￿8 the charity has been r￿tified
of the donat•)n, Unless perfonnance coThJrtion5 reqwre deferral of ar￿unt. Ir¢omg lax Touweraue
relation to donatK)r￿ received Lmder GrfiAid or d80ds of o)venant is reco3nised at the bme of donab"Dn.
Legaeies are r8cogrNsed on re¢erpt or othemse rf th• ch¥ity has b8en notified of an impending distribut￿n.
Ihe amount is kntywn, ar41 re￿pt is exFected. If the aM(¥￿t is not known. the legacy is treated as a
conts"n￿t asset
1.5 Expendlturn
Liabilib'es a￿ recognised as soon as there is 8 Segal or ¢￿sIn￿tiVe oblvJalion c*)mmitling the thgrity to pay
rwt res0LhT￿$.

THE GREAT WOOD TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Accountlng policies
(Continued)
1.6 T*ngible fixed *Mets
Tgfflgible fixed assets *e initially measured at cost arwj sutw￿rt1Y moasured at ¢ost or vaktation, n81 of
depreciation and any iwim￿rt losw.
Depreaalion is recowised so as to ￿11? off the cost ￿ valualN)n of less tr*ir resi(￿￿ values over their
useful live5 on Ihe ft>llrywiThJ bases..
Freehold land buiklings
Property irnwovements
Fixtures and fittings
5 to S) years
10% straMJht line
strawJhl line
Tho gain or1055 arising ¢)n Ihe dispos￿ of an asset is detefmir*d as the (*fferenc4 bei*eon t￿ sale w￿0•dS
Kl the carryry value of the asseL •d is r8cognised in the statern￿t offfinanctral xtivities.
1.7 Impalrmert of fixed assets
At oach reporting ond date. the ¢hanty rèvwws the carrwng afflo￿ts of its tangibk assets to detemine
whether there is any inth"call￿ that those assets have suffwed ￿ impaimient bss. If any such indi¢aiion
ists. the r8¢overable amount of the asset is esthm*sd in tyder to (ktemine athnt ol the impairwnont
)ss lif any).
1.8 Cash and cash equivalents
Cash and cash equivalents indude cash in hand. depo%ts held at C￿1 banks, other s￿rt-tern liquid
investm8nts ￿tti original matuntsts of three mthiths w less. and ba￿ overdrafts. Bank overdrafts are sh￿Nn
wI￿n in currenl liat¥.1￿es.
1.9 Financlal instruments
The charity has ebxed to aFvly the provisKJns of Seclion 11 '8asi¢ Fina￿￿al Instrumgnls, arhy Sfjction 12
'Olher Finawal Instruments Issues. of FRS 102 to all of its financial instwments.
Finartial instruma)ts afe recogr#sed in Ihe t4qlwKe slwt t*l*n Ihe chanty bgcunes party to the
contractual provision$ of the in5trum8nt
Finawal assets liabilrtlgs are offset. vkn nel amounts preserrted tn th• finawal statements. vthen
there is a legally enforceable right to set off the recoanised amounts Ihwe is an intenb.on to sdtte on 8 n
basis or lo reali5e asset •K1 seiue Ihe liabilrty simuttar*wly.
8fj$1¢ finan¢ialaMets
Bas￿ fin8ntyal #ssets, whtch incI￿Je debt(¥s and bank Initi￿lY measured at
transact￿n price induding tranwtion costs aThJ are subs8twenly carried at afflortised ¢o$i u$uig thè effective
interest method unless the arrang￿ent conslittrtes a financ4ng transaction. where the transaction is
measured at th8 present W￿￿0 of fvlu￿ receipts discwnted at a markel rate of interest Finanu818s$0ts
dassthed as recwvaue vrithin one year are arnartised.

THE GREAT WOOD TRUST
NOTES TO THE FINANCIAL STATEhlENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
A￿auntIng pollcl•s
Icontlnu•dl
Ba$k Iln•nclalliabllilies
Basi¢ finanaal liabil￿"¢$. ind￿lI￿a credittys and bank loans arE inityally fec£wised ai transact￿ price unless
the arrangement con51stut8s a financgng Iran5athon. ￿ere the debt instrument is measured at the present
value of Ihe fLrtur8 paym*nts ¢Jis¢ount•J at a market rate of interest. FinaTKial liabilitias dassified as payat48
within one yw ar• Mt anorb'sed.
Debt instruments are $￿Seql￿￿Y carried at aYthi98d cost. ustrKJ the eff&#ive interest 18te molhc#J.
Trade creditors are 0￿1g*.0ns to pay for giods c¥ servKes that have acwirtd in thg ordinary course of
¢¥lerat￿n$ from suppli¢r5. Arn¢￿nts payable a￿ dassIf￿d as curreftt Iwbilrtses if payment is due wrthrn one
year or less. If not, they are presented as rw)rpomnt lia￿"11￿.e5. Trade creditofs are ￿¢t￿liSed ini11olly at
sa¢XJ'on price arKI s¢Jb$oquwYy mgasLred at •n¢*•sed cost using the offKtive intgr8St method.
Derecognition olfinane￿l Il•bllitles
Finanaal liabih"b"es are derecogThsed tr* contrxtual obligations exFire or arn dis¢har&*d or
cancelled.
1.10 Employ•e ￿nelIts
Th8 Cost of any unL￿ed Mliday erthFrnnt is reCO￿lISed p8n(xl in wtith the 8mployee'$ servtts are
recebved.
Termination benefits ao recognised immediatdy a5 ￿ expense the ¢h¥ity 15 demonstrably committed
to terminate the employment of ￿ •fflpbyee or to provk18 termmaticffl t￿efits.
1.11 R¢tSrement benefrts
Paymenls to dèfined corrtn"tKrtv)n rolirwn8nt benefit Schem￿ charged as ￿ expense as they fall the.
Critical accounting estimatos and judg•m•nts
In the applIcat￿n of the Charity's acc￿r￿n9 FolKies. the trustees are required tts make I￿19eMents, estim*s
and assufftpts'ons about the C￿Ing amwnt of assets and liabil￿e$ that are ￿t r8a(lity apparent frNn other
sources. The estimates and assoaated assumptr'ons are based on historical expenence and ot￿r faCt￿S that
aro ￿sid￿ed to be r8iev8nL A¢tu* rosutts may diffwfrom trese ostimates.
The estimates and uTrJert￿ng assumptions are on an woing basis. Revisions to accounting
ests'mates are recognised in tre periiyj in vthich the esb"m*& is rewsed whefe the rewsion affects Mly Ihat
perie*J, c* in the pericyl of revisKrt ILrt￿8 WCA1s vknere ts revision affeds both omnt and future
penod5.
10-

THE GREAT WOOD TRUST
NOTES TO THE FINAPKIAL STATEIENTS (COP￿￿1uED)
FOR THE YEAR ENDED 31 MARCH 3023
fvn
2022
91.313
116.761
21.r
48.ogu

THE GREAT WOOD TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Charltabl•
activit•es
GK*Jp
ToLql
22
2023
Sales vthin
tharitsble aclivities
37.484
753
20.0￿ 34,588 92,825
70,480
For the year ended 31 March 2022
Gioup
Totsl
2022
Sales wthin charitst4e a¢ts"Nities
25.19)
13.744
70.4e
Investments
Unrestrfcted
funds
Total
2023
2022
Intere* receivable
12-

THE GREAT WOOO TRUST
NOTES TO THE FINANCIAL STATEIAENTS ICOIrnNiIEDI
FOR THE YEAR ENDED 31 fAARCH 2023
20
22
14435
14435
.rth) x.(¥yJ
(¥anis. Sav**
COVID 19&ants
.(0) 20.W)
16.4>5
2QCO) 33.43$
13.S25
.rth 33.$25
13-

THE GREAT WOOD TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Char4abk a￿¥￿•$
Charitable Ch•rltabl•
Expnditure Expenditurn
2023
2022
Stsff costs
DeprecAtion imparn￿
Utilities tefore rechar9
Estats rnaintenance
Pool costs
Phone
Equipment repafs and ¢Msumat4es
Cleaning
Estate manag8ment
Irtsuran¢e
Ministy to schc¥Jls
s￿dry o¥pensg5
Loan interest
Trainee Costs
Btwsaries
33,104
3S.410
29,112
26.235
3.139
30.9C
36.050
22,929
18.426
1,887
939
5.188
4.715
20.400
5.510.
367
3,962
19,520
5,486
791
3270
245
7,531
179,933
152,980
Share of suprort Costs (see nolg 81
Share ofgovemarte ￿$ts Is8e note 8)
2.224
700
650
182,857
1SS.429
Analysls by fund
Unrestricted fu￿1$
Restricted fuTrds
145,963
36,894
117,207
38,222
182.857
155.429
For th¢ year ¢ndad 31 Ma￿h 2022
UnreStr￿ted frjnds
Restricted fiJTrJs
117.207
38.222
155.429
14-

THE GREAT WOOD TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Support ¢osts
Support GoNYrnanoe
costs
eosts
Support Go¥eman¢e
costs
costs
2022
Trustee expenses
Ac¢ountancy
614
1.610
614
1,e10
319
319
1.480
Indepe￿ent ex￿InatiOn
700
850
2.224
2,924
2.449
Analysed betsveen
Charitable activities
2.224
2.¥24
2.449
Govemance costs indudes payments to Ihe indepwid•nt 8￿￿1r￿ of£7Cn (2022. £650).
Trustees
NO￿ of the trustees (ty any pers￿5 ￿nTrO¢ted thwnl rec¢Ngd any ￿UNgrati¢￿ or benefits from th
¢hanty dLXWVJ Ihe ye8r awt from those thsdosod bd(y•.
Totsl expenses V•tffj rnimbwsay to three {2022 - Trustee duriThJ the year. amryjitng to £61412022 .
£319).
10 Employtts
The average morrthly numLw of em￿¢￿et$ duriNJ the ye¥w•s:
2023
Number
2022
Number
Employment costs
2022
Wdges and salaries
Other pension costs
29,921
3,183
28.000
2,900
33.104
30,900
There were no emF4Lrye•s *those r*nuneration mLYe than £f£l.WO.
11 T￿atIon
The tharity 1$ exemFrt fr¢)m tax cffi inc(¥ne and gw'ns falliTrJ wthin 5ediw 9)S of the T¥xes Ad 1988 or section
252 of the TaxationofCh*gg*kn GoinsAct 1992 to tr* Ihat these are aFf•l* to its eh*itable obJ'e¢ts.
15-

THE GREAT WOOD TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
12 Tangltye fix¢d ass•ts
Freel￿￿ Iw¥J Prowty Flthrèts and
and ￿j1￿1n98 IT￿l0¥¢Mel￿•
lI￿rNI
Cost
At 1 April 2022
Ad¢thtions
1.328.266
29,438
17,457
27,158
1.384.864
17,457
At 31 March 2023
1.328.268
46.895
27.158
1.402,321
Deprnciatlon and Impaim)ent
At 1 April 2022
Deweci*"on ¢harg8d in the year
186.461
29.e65
22.688
2.871
12,XJ
2,875
221.439
35,411
At 31 March 2023
216.126
25.S59
15,165
258.850
Carrylng amowrt
At 31 2023
1.112.142
21.336
11.993
1.145,471
At 31 2tY22
1.141.807
6,750
14,868
1,163.425
13 Dobtors
2023
2022
AmO￿ts f•lling due within one ye•r.
Other debtcys
Prepayments and attNed Ir￿Me
18.6(K)
13.462
6,353
10,690
32,C62
17,043
14 Credltors.. amounts falllng du• t*Athin orn year
2023
2022
8orfthMngs
ljher taxats'on arKI S￿al sacunty
Payments received on
Accruals arKI deferred In￿0
20,C¢KJ
3.952
39.580
6,414
20.orx)
428
29.759
13.4S1
69,946
63.838
15 Creditor5: *mounts falllng du• aft•r more than on• yur
2023
2022
Slavanka loan
20,C
16-

THE GREAT WOOD TRUST
NOTES TO THE FINANCIAL STATEMEPffS IcopmNUEDI
FOR THE YEARENDED 31 AIARCH 2Q23
14 R•striGt1dh￿d9
Kless
117.
117.Lsn
761724
IMIO
16ffi1
117.6SS1
4.(¥JO 750.
16.6
SW(M Trydne¢
Scdwpar
10.(
3.9n
10.C
12,
7e4.849 41cw rAy22J (20.¢W 781717 $2.448 1*,894} 7e4.271

THE GREAT WOOD TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
17 Analysis of net assets btheen fund5
Total Vnrestrlcted Restrlcted
2023
2022
2022
Total
2022
2023
2023
Fund balances at 31
Mar¢h 2023 a
reFwented by..
Tangible assets
Current assetsllliatilitie$)
Long term liabilths
361.200
51.32S
764.271
1.145,471
51.325
394.71
{19,825)
(20.CKQ)
768.717
1.163,425
119,8251
120.0001
432.525
764.271 I.1￿,7* 354,883
768.717
1,123,800
18 Relatsd party tr*nsactlons
T1￿ Great Tru& 15 affilated to uri￿ ISUI {Registered Charty no. 1120240} through Su's
Assoaate Twst scheme. SU has cMtrc4 over the chari￿s affairs. tr￿rt offers advice and sUPPOrt for 11$
various ministries. As disdosed in the TA￿. rewt pnor lo 13th A￿just 2014 ￿ Charity m8n8ged the
oat Wcth camping srte rm behdf of fonner freehdders. SU undgrth8 temis of a licènca agre8rn9nt.
18-