REGISTERED COMPANY NUMBER: 06309335 (England and Wales)
REGISTERED CHARITY NUMBER: 1122514
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023
|
FOR
EDEN-ROSE COPPICE TRUST LIMITED
Seago and Stopps Chartered Certified Accountants 61 Station Road Sudbury Suffolk CO10 2SP
EDEN-ROSE COPPICE TRUST LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023
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|---|---|---|---|---|---|---|---|
|Page|
|Reference|and|Administrative|Details|]|
|Report|of the|Trustees|2|to|5|
|Independent|Examiner's|Report|6|
|Statement|of Financial|Activities|7|
|Balance|Sheet|&|to|9|
|Notes|to|the|Financial|Statements|10|to|15|
|Detailed|Statement|of Financial|Activities|16|to|17|
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EDEN-ROSE COPPICE TRUST LIMITED
REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 JULY 2023
TRUSTEES
RE V Brooks Mrs M Butcher Mrs S E McEwan Mrs WP Battye S Hursthouse Mrs M Hursthouse
REGISTERED OFFICE 61 Station Road Sudbury Suffolk CO10 2SP REGISTERED COMPANY 06309335 (England and Wales) NUMBER REGISTERED CHARITY 1122514 NUMBER
INDEPENDENT EXAMINER _ Seago and Stopps Chartered Certified Accountants 61 Station Road Sudbury Suffolk CO10 2SP
SOLICITORS Holmes and Hills The Chestnuts Trinity Street Halstead Essex C09 1JE BANKERS Co-Operative Bank PO Box 250 Skelmersdale
Page 1
EDEN-ROSE COPPICE TRUST LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2023
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 July 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
Eden-Rose Coppice Trust Limited provides effective restorative specific environments for people with cancer, along with fun skill based practical guided volunteering opportunities for both general and vulnerable adults in the community.
Our volunteers, some with learning difficulties, life limiting illness or other complex needs, help restore, under guidance, neglected and misused urban woodlands for the use of people living with cancer. These woodlands and green spaces improve people's overall health and well-being and enhance the environment in the local area, along with associated increase in biodiversity.
We operate in our three woodlands in Suffolk.
This symbiotic approach provides not only a haven of tranquillity for those seeking some precious respite but also creates a wonderful and very special opportunity for vulnerable people to recognise that they too, have something to offer others by way of time, effort, and commitment. This ethos helps them to gain a greater sense of self-esteem, furthering their opportunities to integrate into society with enhanced skills.
This intrinsically linked usage is highly beneficial and has a recuperating effect on all who use it including the woodland itself. The Trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Trust's aims and objectives and in planning future activities.
The Trusts carries out these objectives by:
The acquisition, management, and protection of woodland and other natural sites to provide a free retreat for people living with critical illness.
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EDEN-ROSE COPPICE TRUST LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2023
OBJECTIVES AND ACTIVITIES
Significant activities
Activities
In 2007 Eden-Rose Coppice Trust acquired its first 3-acre woodland in the centre of Sudbury Suffolk. In 2015 we acquired a further 4-acre woodland in Ipswich, Suffolk.
In 2018 we finalised the purchase of further 3 acre woodland in Cornard, Suffolk.
In 2018 the Charity was given permission to take over a small vineyard in Essex for the further support of Cancer patients. This has proved very popular.
In 2019 the high demand for mental health support and related Covid-19 assistance meant that our support system was used at high capacity within Government guidelines.
In 2020 the Charities woodlands saw a further high increase in usage both for people living with cancer and associated mental health and general volunteering amongst people living with anxiety and other mental health problems.
In 2021, Support for male mental health specifically was increasing dramatically. It was decided to raise our level support for this sector.
In 2021/22 the charity developed this idea in Ipswich, where it has large purpose-built fully fitted workshops including kitchen facilities and toilets. It is an ideal base and has been operating from October 2022 as a "Mens Shed”.
In 2022/23 the Ipswich men's shed provided 47 waterfront planters to assist greener Ipswich's objectives and was a major contributor to the scheme. 100 bee hotels were provided to another Suffolk town as part of the men's shed mental health support whilst living with cancer.
Our vision and mission
For year ending in July 2023 the charity expanded its support in several areas to match perceived changes in the locality.
Our objective remains the provision of restorative environments for people living with life limiting problems typically cancer and mental health. Whilst both issues remain independent life problems, the charity is increasingly aware that cancer brings its own mental health issues which impacts on cancer treatment and well-being.
Recent research reveals 3 in 5 people who have or have had cancer feel that the mental challenge of cancer is harder to cope with than the physical treatment and side effects. It also found these feelings were even stronger post-treatment with 82% of people with cancer stating that the fear of cancer returning, not feeling like your ‘old self’, feelings of depression or low mood, pressure to 'get back to normal’ and feelings of loneliness and isolation were some of the hardest things to deal with post their cancer treatment. Our psychological support involves bringing people together, informally, in courses, positive projects and workshops in a woodland environment.
Our vision for an integrated approach to all three woodlands rather than separate entities has progressed with each woodland supporting the other. A good example of this is the Ipswich group constructed three canoes as part of the support of prostate cancer with the Sudbury woodland holding a canoe day for them. This integrated approach holds many benefits.
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EDEN-ROSE COPPICE TRUST LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2023
ACHIEVEMENT AND PERFORMANCE
In 2022/23 Brick Makers Wood, with support from the National lottery, the therapeutic garden space was further developed, and plans added for a fire pit area, pond and relaxation space. .
The Sudbury woodland further developed its therapy garden and orchard area as part of its support to the community living with life limiting problems. We continue to support 12 children a week with profound learning disabilities along with an Alzheimer's group once a month in the therapy garden.
In Cornard, Armes wood planted a further 120 natural trees and started to develop a pond area for contemplation.
Our objective in the coming year is to concentrate further on the effect of cancer on mental health working closer with surgeries and hospitals.
FINANCIAL REVIEW
Investment policy and objectives
The charity does not have significant reserves to invest. Cash balances are held in current and deposit bank accounts with the charity's main banker. This policy is reviewed annually.
Reserves policy
The trustees and directors are mindful of the need to maintain a level of reserves which will allow the charity to fulfil its plans for future periods.
The trustees are actively seeking funding in order to allow them to undertake the work required to enable them to continue fulfilling the charity's objectives.
FUTURE PLANS
Covid 19 support by the NHS has had implications for community services, as Covid-19 has had for all parts of the health and care system. The acuity of patients in the community has increased, placing additional demands on staff and volunteers in the voluntary sector. Some voluntary services had to close or reduce services in order to survive the funding crisis. As the pandemic progressed, the support needed extended to those recovering from Covid-19 in the community known as long Covid. It is predicted that services in the NHS, care plans and treatment will be delayed for up to 5 years. Our documented success of the Charity for the support of the long-term effects of the Pandemic leads us to plan increased mental health and palliative care support. Both of these support areas have been greatly affected by lack of availability of NHS support.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Recruitment and appointment of new trustees
Trustees are nominated by the directors and current trustees to act in the best interests of the charity in order to assist in the achievement of its aims and objectives.
Organisational structure
There are currently six trustees of the charity, four of whom are also directors. The trustees meet on a regular basis to review the effectiveness of the charity in the achievement of its objectives.
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EDEN-ROSE COPPICE TRUST LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2023
STRUCTURE, GOVERNANCE AND MANAGEMENT
Legal status
The company is limited by guarantee, not having any share capital, and is also a registered charity. In the event of the charity being wound up, the liability in respect of guarantee is limited to £1 per member of the limited liability company.
Induction and training of new trustees
New trustees are given the required training to enable them to undertake their roles and to ensure that they act in the best interests of the charity.
Approved by order of the board of trustees on 29 May 2024 and signed on its behalf by:
RE V Brooks - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF EDEN-ROSE COPPICE TRUST LIMITED
Independent examiner's report to the trustees of Eden-Rose Coppice Trust Limited (‘the Company’) I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2023.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes 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 Part16 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 statement
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:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
-
the accounts do not accord with those 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 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 the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Andrew Stopps FCCA ATT
Seago and Stopps Chartered Certified Accountants 61 Station Road Sudbury Suffolk CO10 2SP
29 May 2024
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EDEN-ROSE COPPICE TRUST LIMITED
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2023
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|||||||||
|---|---|---|---|---|---|---|---|
|31.7.23|31.7.22|
|Unrestricted|Restricted|Total|Total|
|fund|fund|funds|funds|
|Notes|£|£|£|£|
|INCOME|AND|ENDOWMENTS|FROM|
|Donations|and|legacies|28,024|-|28,024|11,552|
|Grants|received|
|Charitable|activities|4,365|28,926|33,291|47,279|
|Other|trading|activities|2|650|-|650|1,215|
|Other|income|2,087|-|2,087|866|
|Total|35,126|28,926|64,052|60,912|
|EXPENDITURE|ON|
|Raising|funds|3,613|565|4,178|4,832|
|Charitable|activities|
|Charitable|activities|19,836|34,390|54,226|29,379|
|Total|23,449|34,955|58,404|34,211|
|NET|INCOME/(EXPENDITURE)|11,677|(6,029)|5,648|26,701|
|RECONCILIATION|OF|FUNDS|
|Total|funds|brought|forward|182,622|165,694|348,316|321,615|
|TOTAL FUNDS CARRIED FORWARD|194,299|159,665|353,964|348,316|
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The notes form part of these financial statements
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EDEN-ROSE COPPICE TRUST LIMITED
BALANCE SHEET
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|---|---|---|---|---|---|---|---|---|---|---|
|31|JULY|2023|
|31.7.23|31.7.22|
|Unrestricted|Restricted|Total|Total|
|fund|fund|funds|funds|
|Notes|£|£|£|£|
|FIXED|ASSETS|
|Tangible|assets|7|208,780|135,261|344,041|332,255|
|CURRENT|ASSETS|
|Cash|at bank|5,200|24,404|29,604|41,072|
|CREDITORS|
|Amounts|falling|due|within|one|year|8|(19,681)|-|(19,681)|(25,011)|
|NET CURRENT ASSETS|(14,481)|24,404|9,923|16,061|
|TOTAL|ASSETS|LESS|CURRENT|
|LIABILITIES|194,299|159,665|353,964|348,316|
|NET|ASSETS|194,299|159,665|353,964|348,316|
|FUNDS|9|
|Unrestricted|funds|194,299|182,622|
|Restricted|funds|159,665|165,694|
|TOTAL FUNDS|353,964|348,316|
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The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 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 charitable company as at the end of each financial year and of its surplus or deficit 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 charitable company.
The notes form part of these financial statements
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EDEN-ROSE COPPICE TRUST LIMITED
BALANCE SHEET - continued 31 JULY 2023
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 29 May 2024 and were signed on its behalf by:
RE V Brooks - Trustee
The notes form part of these financial statements
Page 9
EDEN-ROSE COPPICE TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 10% on cost Fixtures and fittings - 10% on cost Computer equipment - 10% on cost
Depreciation is not provided for on the land that was acquired. The land was acquired for £1 and this value was based upon the fact that the landowners have a duty to restore and maintain in perpetuity the woodland for a community need. In order to achieve the objects of the charity, the land will need to be cleared, maintained and improved on a continual basis and, as such, is unlikely to reduce in value.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
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EDEN-ROSE COPPICE TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 JULY 2023
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||||||||
|---|---|---|---|---|---|---|
|2.|OTHER TRADING|ACTIVITIES|
|31.7.23|31.7.22|
|£|£|
|Firewood|sales|650|1,215|
|3.|NET INCOME/(EXPENDITURE)|
|Net|income/(expenditure)|is|stated|after|charging/(crediting):|
|31.7.23|31.7.22|
|£|£|
|Depreciation|-|owned|assets|4,177|4,832|
|Deficit|on|disposal|of fixed|assets|-|2,397|
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- 4, TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees’ remuneration or other benefits for the year ended 31 July 2023 nor for the year ended 31 July 2022.
Trustees' expenses
There were no trustees’ expenses paid for the year ended 31 July 2023 nor for the year ended 31 July 2022.
- STAFF COSTS
The average monthly number of employees during the year was as follows:
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||||
|---|---|---|
|31.7.23|31.7.22|
|Trustees|6|6|
|Employees|3|3|
|9|9|
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No employees received emoluments in excess of £60,000.
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EDEN-ROSE COPPICE TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2023
| 6. | COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES | |
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| fund | fund | funds | ||
| £ | £ | £ | ||
| INCOME AND ENDOWMENTS FROM | ||||
| Donations and legacies | 8,552 | 3,000 | 11,552 | |
| Grants received | ||||
| Charitable activities | 2,100 | 45,179 | 47,279 | |
| Other trading activities | 1,215 | - | 1,215 | |
| Other income | 866 | - | 866 | |
| Total | 12,733 | 48,179 | 60,912 | |
| EXPENDITURE ON | ||||
| Raising funds | 4,509 | 323 | 4,832 | |
| Charitable activities | ||||
| Charitable activities | 22,328 | 7,051 | 29,379 | |
| Total | 26,837 | 7,374 | 34,211 | |
| NETINCOME/(EXPENDITURE) | (14,104) | 40,805 | 26,701 | |
| RECONCILIATION OF FUNDS | ||||
| Total funds brought forward | 196,726 | 124,889 | 321,615 | |
| TOTAL FUNDS CARRIED | ||||
| FORWARD | 182,622 | 165,694 | 348,316 |
7. TANGIBLE FIXED ASSETS
In 2009, a gift was made of waste land at Sudbury, with no value. This land has been developed by Eden-Rose Coppice volunteers and staff and was revalued at 31 July 2016 by R E V Brooks, a Trustee, at £75,000. In the opinion of this Trustee, the land increased its value to £80,000 for the year ended 31 July 2020. In the opinion of this Trustee, there has been no significant movement to this valuation for the year ended 31 July 2023.
In the year ended 31 July 2016, the lease on a piece of land known as 'Brickmakers Wood’ was donated to the Trust, for a nominal consideration of £1. The clearing and subsequent development of this land has, in the opinion of R E V Brooks, increased its value to £120,000 for the year ended 31 July 2020. In the opinion of this Trustee, there has been no significant movement to this valuation for the year ended 3 1st July 2023.
During the year, some continuing development and building work has been undertaken on the land. At the year end, this work had cost £8,538.
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EDEN-ROSE COPPICE TRUST LIMITED
- TANGIBLE FIXED ASSETS - continued
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 JULY 2023
In October 2018, the site at Cornard (Armes Wood) was acquired / gifted and has been revalued by R E V Brooks, a Trustee, at £75,000 for the year ended 31st July 2020. In the opinion of this Trustee. there has been no significant movement to this valuation for the year ended 31 July 2023.
- CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
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||||||||
|---|---|---|---|---|---|---|
|31.7.23|31.7.22|
|£|£|
|Social|security|and|other|taxes|-|1,250|
|Other|creditors|18,21]|18,211|
|Accrued|expenses|1,470|5,550|
|19,681|25,011|
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Included in other creditors is £18,211 (1 July 2022: £18,211) owed to Mr R E V Brooks, who has confirmed that no repayment of this loan is expected in the foreseeable future.
MOVEMENT IN FUNDS
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|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|Net|
|movement|At|
|At|1.8.22|in|funds|31.7.23|
|£|£|£|
|Unrestricted|funds|
|General|fund|182,622|11,677|194,299|
|Restricted|funds|
|Restricted|165,694|(6,029)|159,665|
|TOTAL FUNDS|348,316|5,648|353,964|
|Net movement movement|in|funds,|included|in|the|above|are|as|follows:|
|Incoming|Resources|Movement|
|resources|expended|in|funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|35,126|(23,449)|11,677|
|Restricted|funds|
|Restricted|28,926|(34,955)|(6,029)|
|TOTAL FUNDS|64,052|(58,404)|5,648|
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Net movement movement in funds, included in the above are as follows:
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EDEN-ROSE COPPICE TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 JULY 2023
9. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.8.21 | in funds | 31.7,22 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 196,726 | (14,104) | 182,622 |
| Restricted funds | |||
| Restricted | 124,889 | 40,805 | 165,694 |
| TOTALFUNDS | 321,615 | 26,701 | 348,316 |
| Comparative netmovement in funds, included in the above are as follows: | |||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 12,733 | (26,837) | (14,104) |
| Restricted funds | |||
| Restricted | 48,179 | (7,374) | 40,805 |
| TOTALFUNDS | 60,912 | (34,211) | 26,701 |
| A current year 12 months and prior year 12 months combined position is as | follows: | ||
| Net | |||
| movement | At | ||
| At 1.8.21 | in funds | 31.7.23 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 196,726 | (2,427) | 194,299 |
| Restricted funds | |||
| Restricted | 124,889 | 34,776 | 159,665 |
| TOTALFUNDS | 321,615 | 32,349 | 353,964 |
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EDEN-ROSE COPPICE TRUST LIMITED
- MOVEMENT IN FUNDS- continued
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 JULY 2023
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
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||||||
|---|---|---|---|---|
|Incoming|Resources|Movement|
|resources|expended|in|funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|47,859|(50,286)|(2,427)|
|Restricted|funds|
|Restricted|T7105|(42,329)|34,776|
|TOTAL FUNDS|124,964|(92,615)|32,349|
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- RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 July 2023.
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EDEN-ROSE COPPICE TRUST LIMITED
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES | DETAILED STATEMENT OF FINANCIAL ACTIVITIES | DETAILED STATEMENT OF FINANCIAL ACTIVITIES | |
|---|---|---|---|
| FORTHEYEARENDED 31 JULY 2023 | |||
| 31.7.23 | 31.7.22 | ||
| £ | £ | ||
| INCOME AND ENDOWMENTS | |||
| Donations and legacies | |||
| Donations | 28,024 | 11,552 | |
| Other trading activities | |||
| Firewood sales | 650 | 1,215 | |
| Grants received | |||
| Grants | 33,291 | 47,279 | |
| Other income | |||
| Employment allowance | 2,087 | 410 | |
| Furlough claims (CJRS) | - | 456 | |
| 2,087 | 866 | ||
| Total incoming resources | 64,052 | 60,912 | |
| EXPENDITURE | |||
| Raising donations and legacies | |||
| Depreciation oftangible fixed | assets | 4,178 | 4,832 |
| Charitable activities | |||
| Wages | 35,735 | 9,746 | |
| Repairs and renewals | 4,803 | 3,244 | |
| 40,538 | 12,990 | ||
| Support costs | |||
| Management | |||
| Insurance | 2,195 | 2,037 | |
| Telephone andwebsite costs | 3,252 | 3,712 | |
| Postage and stationery | 267 | 273 | |
| Advertising | - | 111 | |
| Sundries | 1,313 | 1,724 | |
| Motor and travel | 2,774 | 3,153 | |
| Refreshments | 585 | 345 | |
| Rates and water | 1,702 | 781 | |
| 12,088 | 12,136 |
This page does not form part of the statutory financial statements
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EDEN-ROSE COPPICE TRUST LIMITED
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2023
| 31.7.23 | 31.7.22 | |
|---|---|---|
| £ | £ | |
| Management | ||
| Finance | ||
| Loss on sale oftangible fixed assets | - | 2,397 |
| Governance costs | ||
| Accountancy fees | 1,600 | 1,856 |
| Total resources expended | 58,404 | 34,211 |
| Netincome | 5,648 | 26,701 |
This page does not form part of the statutory financial statements
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