REPORT OF THE TRUSTEES AND
FINANCIALSTATEMENTS
FOR THE YEAR ENDED 31st DECEMBER 2024
FOR
THAMESIDE NATURE PARK LIMITED
A REGISTERED CHARITY
AND
A COMPANY LIMITED BY GUARANTEE
Registered Company Number 07151955
Registered Charity Number 1137142

THAMESIDE NATURE PARK LIMITED
Index
Index
Company Information
Report of the Trustees for the Year Ended 31 December 2024
Independent Auditors, Report to the Members of Thameside Nature Park Limited
Statement of Income and Expenditure for the year ended 31st December 2024
Balance Sheet as at 31 December 2024
Notes to the Financial Statements for the year ended 31 December 2024
ACCOUNTING POLICIES
INCOME FROM CHARITABLE ACTIVITIES
14
19
20
21
21
23
STAFF COSTS
24
24
25
25
25
EXPENDITURE
AUDITORS, REMUNERATION
RETIREMENT BENEFIT SCHEMES
TANGIBLE FIXED ASSETS
DEBTORS
26
CREDITORS
10. CONTIGENT LIABILITY
11. CAPITAL COMMITMENTS
12. ANALYSIS OF FUNDS
26
26
26
27
13. ANALYSIS OF NET ASSETS BETWEEN FUNDS
29
14. ULTIMATE PARENT COMPANY
15. COMPANY STATUS
16. RELATED PARTY TRANSACTIONS AND GROUP TRANSACTIONS AND BALANCES
17. PRIOR PERIOD STATEMENT OF FINANCIAL ACTIVITIES
29
29
29
30
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THAMESIDE NATURE PARK LIMITED
Company Information
DIREcfoRS:
Boswell (name changed from S Howe 29/0112024- resigned 2210812024)
Dagley
Hazelhurst {resigned 2910512025)
Holt
Impey- Chair {resigned 05/02/2024)
Pritchard
Quill
Yates- Chair (from 5/02/20241
REGISTERED OFFICE:
Abbotts Hall Farm
Great Wigborough
Colchester
Essex
C057RZ
REGISTERED COMPANY
07151955 (England and Wales)
NUMBER:
REGISTERED CHARITY
1137142
NUMBER:
AUDITORS:
Moore Kingston Smith
Orbital House
20 Eastern Road
Romford, Essex
RMI 3PJ
BANKERS:
Barclays Bank PLC
Chelmsford Business Centre
40-41 High Street
Chelmsford Essex
CMI IBE
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THAMESIDE NATURE PARK LIMITED
Report of the Trustees for the Year Ended 31 December 2024
The Board presents its report with the financial statements of the charity for the year ended 31st
December 2024.
STRucfuRE. GOVERNANCE AND mANAGEmE￿r
Governing document
Thameside Nature Park Limited is a company limited by guarantee governed by its Memorandum
and Articles of Association. It is registered as a charity with the Charity Commission.
Appointment of Trustees
The Trustees are also Directors for the purpose of company law. The Chair of the Trustees is elected
by the Board. There 15 provision for at least three Trustees one third of who are elected annually by
the members of the charity at the Annual General Meeting (AGMI. The Trustees serve for a period of
three years.
The Trustees have the power to co-opt a member to fill a vacancy on the Board of Trustees that
occurs between AGMS. The co-opted Trustee must however stand down or be nominated for
election at the next AGM. All members are circulated with the names of nominated trustees prior to
the AGM.
Trustee induction and training
New Trustees undergo a training programme that will brief them on their legal obligations under
charity and company law, the content of the Memorandum and Articles of Association, the decision-
making processes and recent financial performance of the charity. During the induction, they meet
key employees and other Trustees.
The Trustees are encouraged to attend appropriate external training events where these will
facilitate the undertaking of their role.
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Trustees/Directors
The directors during the year under review were:
Boswell (name changed from S Howe 2910112024- resigned 2210812024)
Dagley
Hazelhurst {resigned 2910512025)
Holt
Impey- Chair {resigned 0510212024)
Pritchard
Quill
Yates- Chair (from 5102/2024)
Organisation
The Board of Trustees is responsible for determining the strategic direction of the charity and for
monitoring performance towards those set objectives. The Board meets on average 4 times per year.
To facilitate effective operations the Chair has delegated authority, within terms of delegation
approved by the Trustees, for operational matters including finance and employment.
Related parties
Thameside Nature Park Limited is a subsidiary of Essex Wildlife Trust Limited. Other subsidiaries of
Essex Wildlife Trust Limited are:
Essex Wildlife Sales Limited - The company exists to carryout retail sale of goods associated with the
aims of Essex Wildlife Trust Limited at the Trust's centres throughout Essex.
Essex Ecology Services Limited - The provision of advisory services relating to environmental matters.
Chafford Gorges Limited - for the benefit of the public, to look after and further the conservation,
maintenance and protection of the area known as Chafford Gorges Nature Park in Thurrock.
Essex Wildlife Trust Limited is also a Corporate Trustee of the Veolia Pitsea Marshes and the Veolia
Havering Riverside Maintenance Trusts from which it has also received grants for support of its
environmental objectives. The ongoing involvement with these two organisations has ceased from
13th February 2024, when the last of the funds were distributed and the two charities were dissolved.
Risk management
The Trustees have a risk management strategy that comprises an annual review of the risks the
charity may face and the establishment of systems and procedures to mitigate those risks identified
in the review. They will also oversee the implementation of procedures designed to minimise any
potential impact on the charity should those risks materialise.
Generally, the risks faced by the charity consist of health and safety and land management issues
related to the nature of the site as an ex-landfill site. These are explained further in the health and
safety section on page 8.
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Fundraising Policy
Thameside Nature Park Limited is a subsidiary of Essex Wildlife Trust Limited and follows their
fundraising policy.
Essex Wildlife Trust is accountable regarding its fundraising. Essex Wildlife Trust monitors fundraising
activity through regular reports to the Board of Trustees, based on our budgetary and management
accounts process and policy.
All projects are approved and managed through the Strategic Leadership Team, with Board approval
where appropriate. All of our projects and core fundraising contribute to Essex Wildlife Trust's
strategy and overall vision - to have a county rich in wildlife with people connected to nature- with
communities that value the countryside and that are inspired to help protect it.
Essex Wildlife Trust has a complaints policy and the procedure for making complaints regarding our
fundraising that can be found on our website, as a link under Essex Wildlife Trust's Fundraising
Promise.
Essex Wildlife Trust's policy regarding Vulnerable Adults and Treating Donors Fairly sets out how we
expect our fundraisers to behave. Essex Wildlife Trust is respectful - we respect decisions not to
make donations and to withdraw membership, we will contact our supporters and donors in the way
that they request, we will respond to queries in an open, honest, courteous and professional way.
We will acknowledge any complaint within five working days to let complainants know when they
can expect a response. During the year we recorded no complaints12023 nil).
Going Concern
Having reviewed the companvs financial forecasts and expected future cashflows, the Trustees have
a reasonable expectation that the company has adequate resources to continue in operational
existence for the foreseeable future and for a period of at least 12 months following the approval of
these financial statement5. Thus, the going concern basis has been adopted in preparing the financial
statements for the year ended 31 December 2024.
OBJEcfivES AND AcfiviTIES
The objects of the charity are:
For the benefit of the public, to look after and further the conservation, maintenance and protection
of the area known as Thameside Nature Park adjacent to Mucking in Thurrock, which is leased from
Enovert at a peppercorn rent.
To advance the education of the public in the principles and practice of conservation, sustainable
development and biodiversity within the Thameside Nature Park.
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Sustainable development is primarily defined as "Development that meets the needs of the present
without compromising the ability of future generations to meet their own needs., (The Brundtland
Commission).
The strategies employed to achieve the charity's objectives are as follows:
Ensuring that the Thameside Nature Park is a good example of conservation management
where wildlife thrives.
Physical management of the Thameside Nature Park through Action Plans that identify
priority work.
Reaching all ages, all abilities, and all communities.
Raising their understanding of sustainable livin& what they can do for wildlife and what a
good environment can do for them by advancing the interest and education of the public
through activities in the Thameside Nature Park and the Visitor Centre situated within the
Park.
Making the Thameside Nature Park and Visitor Centre {which is leased to Essex Wildlife Trust)
available to others who are involved in similar projects.
Providing a supportive culture for both staff and volunteers.
Maintaining a firm financial foundation.
Undertaking or supportin8 Other essential work in relation to Access, Health and Safety,
minimising anti-social behaviour and actions to address any issues in priority order.
Each year the Trustees work with Ev¥￿ to ensure the strategic focus is relevant for the site, through
setting the annual budget.
Thameside Nature Park relies on regular annual grants received from the Mucking Charitable Trust,
and donations from other sources to cover its operating costs.
In shaping the objectives for the year and planning the activities, the Trustees have considered the
Charity Commission's guidance on public benefit, including their guidance on fee charging.
Free education is provided by Essex Wildlife Trust staff, using the facilities at Thameside Nature Park,
covering topics linked to the objects of the charity. For those courses for which fees are levied,
careful consideration is given to the accessibility to the courses by all members of the public. In these
cases, it is often the case that the fees charged do not cover the full cost of the courses, the
remainder being subsidised by the Essex Wildlife Trust as part of the core objectives of the charity.
Thameside Nature Park is accessible to the public free of charge and on-going work is always mindful
of improving that access for families with young children and the disabled, within the unique health
and safety considerations for the site. Where possible and practical, free advice is also Eiven to
members of the public who contact the charity.
The charity is very dependent on the help of volunteers in all these activities. Currently, there is a
growing band of volunteers who do a huge variety of valuable work on work parties, completing
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THAMESIDE NATURE PARK LIMITED
surveys and assisting with administration.
The charity sub-lets an area of the ThamesTde Nature Park to Essex Wildlife Trust Limited who have
erected a visitors, centre on the site for the use and benefit of all members of the public. The centre
was generously funded by a range of funders including the Cory Environmental Trust in Thurrock, the
Homes and Communities Agency- Parklands. the Hew Watt Charitable Trust, and several other
sources of charitable appeals.
Other buildings on the site, Crown Cottages, Red Barn and Brick Barn are leased by the charity from
Enovert at a peppercorn rent.
ACHIEVEMENTS AND PERFORMANCE
Access for all
Our Ranger staff (l Ranger, 0.6 Asst Ranger) continue to maintain the site in accordance with the
management plan, as well as look for areas to develop and enhance the site for the benefit of wildlife
and visitors. The team has responded to low levels of antisocial behaviour and damage. There has
been the usual cutting of path verges and amenity area5. The area of land managed has not
increased this year as hoped, a5 there are no further areas of land as yet ready to be handed over by
Enovert.
Health and Safety
As in previous years, health and safety issues on an ex-landfill site are the most important
considerations when we do any management work. Vehicle access has again been carefully
controlled this year to ensure the landfill capping is not damaged and landfill material is not
exposed.
Ongoing monitoring of methane around the site is carried out by Enovert, and at the Centre we take
occasional readings in the basement pods. We have had no issues this year with elevated methane
levels.
An annual tree safety survey was carried out. The identified works were carried out by our Rangers.
The Rangers and volunteers continue to undertake regular checks around the lake. Signage about the
dangers of swimming in the lakes is in place. Life buoys are present and are reinstalled if removed.
Practical Conservation
The site was grazed over winter from September 2023 to February 2024 at low density by at less than
0.75 livestock units per hectare, using the same local grazier (Froods of Corringham). Grazing will
continue as a standard management practice, as this will improve the diversity of the Erassland
species by controlling coarse grasses that could dominate the sward. The timing of grazing will be
assessed year on year to optimize the approach. We do want areas of 'rank' grassland because this
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THAMESIDE NATURE PARK LIMITED
encourages the development of ant hills, that supports good populations of small mammals, an
important food source for reptiles and species like barn owl and short eared owl. This mosaic of
sward heights provides a variety of gra551and habitat that encourages greater species diversity. Only
grazing can achieve this, unlike mechanical mowin& and this is going to be an essential management
tool when we take on the remaining area of the site. Some areas of the park cannot be cut because
of waste material that is on the surface, such as concrete and metal. We will inspect future lease
areas in much more detail, to ensure that we take on land in a state that will allow it to be managed
as required.
A hay cut was taken again on the Coronation Meadow area to encourage diversity in the grassland
species. These meadows were also subsequently grazed. Regular hay cuts will result in a reduction in
fertility, which will result in a greater diversity of plant species. Surveyin8 indicates a significant
increase in species variety in the Coronation Meadows. Plants will be affected by climate change. We
are getting more extreme weather events, and this will influence which species will thrive or survive.
The risks of fire in grassland with prolonged dry spe115 are a threat, not just to the grassland species,
but to the whole site.
We have maintained longer grassland habitat boarder scrub to maintain areas of cover for reptiles,
mammals, and invertebrates. The scrub and bramble areas continue to increase and provide great
habitat, but we need to manage them to maintain the cover and not expand at the expense of the
grassland.
Scrub and bramble have been managed to create a mosaic of different aged habitat to support
different species. We have continued to manage the woodland (Henry's Shaw), with the aim of
increasing dead wood habitat and open glades, this is important for specialist invertebrates.
The historic translocation areas continue to be managed to ensure they are suitable habitats for the
translocated reptiles. Natural degradation of reptile fencing has allowed dispersion of the population
over the wider site. We have enhanced the short cut basking areas. The 2024 survey showed good
numbers of slow worm, common lizard, grass snake, and adder across the site.
Invasive species such as goat's rue were tackled again this year by means of mechanical cutting and
chemical spraying; where possible digging out from the roots, though time consuming, is the most
effective method.
It is difficult to keep invasive species under control and minimise spread. They are a problem at the
site; we will need to consider what is practical when we have the whole site to manage. We may
have to accept that these invasive species are part of the ecology of the site and work with them or
concentrate efforts in key areas.
The site still supports good numbers of skylarks. Any grassland management needs to take their
ground nesting habits into consideration. To protect the breeding territorie5 of the skylarks we have
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THAMESIDE NATURE PARK LIMITED
limited access to stop disturbance during the breeding season March - August. We enforce dogs on
leads all year round to avoid confusion. as they are the biggest threats to nests. It is an ongoing issue
for staff to educate the public.
Breeding bird, butterfly and moth, reptile and bat and rapid grassland assessment surveys were
carried out in house in 2024.
Security is frequently reviewed and improved to counter the national prevalence of agricultural
crime.
Events and Education
Through 2024 we have had a consistent and sustainable support for our preschool Nature Tots
group and a home education group. School visits were regular, and bookings have increased for next
year. Our full time Wilder Learning Officer (WLO) is supported by an area trainee intern and an
increasing number of volunteers. The summer of 2024 saw a take up rate of nearly 600A across events
representing a growth in volume and variety of events.
FINANCIAL REVIEW OF THE CHARITY
This funding of Thameside Nature Park Limited (TNP) is secured through the investment of an original
fund of over £2.3m, which 15 under the control of Mucking Charitable Trust, to cover the length of the
lease of Thameside Nature Park, which started in 2012 and covers a period of 99 years.
In 2024 made funding contributions for the financial year of 2024 of £134,488.
The funding received from MCT covers the management and maintenance of the site and is managed
through a restricted fund in the accounts.
TNP has additional income sources from Agricultural Grants, and has been in receipt of grants from
National Highways to deliver additional project work on the site.
Financial reserves policy
Reserves are needed to provide sufficient funds to create a safeguard against unexpected costs that
arise outside of usual budgeting processes and for the working capital requirements of the charity.
The Reserves Policy has been updated during the year and identifies the level of reserves needed,
whilst it is not usual to include restricted funds in this calculation, the funding stream for core work
at Thameside Nature Park is accounted for within a restricted fund for the maintenance and
management of the site and therefore forms part of the calculation for reserves.
The minimum level of Reserves needed to ensure continuity of work underthe Management and
Maintenance Grant from MCT has been calculated under the Reserrfes Policy to be £96K. This figure
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is calculated on a risk basis, to cover the timing of the payment of the Grant, working capital and any
unpredicted spending needed for exceptional costs. The actual value at year end is calculated as the
total value of the MCT Fund, which currently equates to £195K (2023: £94KI above the minimum
level.
The Unrestricted free reserves are calculated by deducting the value of designated funds, less
amounts tied up as fixed assets from the total unrestricted funds of the charity. The calculated
amount required under the reserves policy is £96K, the current actual level of free reserves is £209K
12023: £255K). These excess funds will be spent on future project5 developing the site as part of the
overall vision and purpose for Thameside Nature Park.
PLANS FOR FUTURE PERIODS
The charity leases at a peppercorn rent, approximately 240 acres (97 hectares} of land from Enovert
and we are continuing to negotiate transfers of further land, increasing our area of managed land,
and increasing the areas accessible to the public. Transfer of Areas 5 and 6 is on hold due to an
ongoing substantial reptile translocation project that Enovert is undertaking. Work has also begun,
contracted by Enovert, to plant 37,000 trees and shrubs in an effort to kick start successional growth
seen elsewhere on site. Enovert will install a new Nature Park entrance and road in this area at some
point in the future. We have drawn up detailed plans of how we need the land to be. Some of this
will be part of the agreed section 106 commitments. We have regular meetings with Enovert, at least
every three months, and we are building a strong partnership.
Work on the new site plan is progressing, a workshop to develop a 50-100 years vision for the habitat
development of the site was held in Q3, findings are being formulated to enable a management plan
to be written. Once the habitat plan is ratified a vision for the visitors can be put together, ensuring
that Nature and Wildlife is at the heart of future plans.
Maintaining the existing Nature Park
We will continue regular maintenance of the habitats and infrastructure as set out by the site
management plan. This will achieve benefits forthe important flora and fauna of the site and for
people visiting the Nature Park. This involves looking after boundaries, paths, tracks, hides, buildings,
and their security.
Conservation Work
We will continue to manage the grassland through grazing, cuttin& and haying, to create a diverse
sward, controlling invasive species. We will continue to manage our translocation areas to provide
optimum conditions. This will include adding logs and aggregate to hibernacula and planting thorny
hedgerow shrubs to keep cattle from trampling piles. This will also improve the security of the site.
We will manage the trees and scrub on site to create a mosaic of age structures that will support a
diverse range of species.
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Access for all
As we take on new leased areas, we will install way-marker posts to ensure that visitors can make the
most of the newly accessible areas. We will continue to maintain the amenity areas around the site
to encourage visitors to use the picnic and play areas. Plans are underway to install a new picnic area
and car park facilities adjacent to Golden Gates Lake on site.
Health and Safety
This will continue to be a priority at the site. checks are programmed throughout the year in
accordance with the Site Audit, the Operations Manual, and Risk assessment procedures. As a result
of the 2023 Health and Safety Audit, the recommendations were implemented.
Events
We will work to engage with the public where possible through events. The Rangers will continue to
lead a varied programme of walks throughout the year to ensure visitors leave the site with a better
understanding of its ecological importance. The Rangers will continue to support the delivery of the
Nature Discovery Centre events programme to encourage greater use of the site, particularly by our
biggest customer group, the local community.
STATEMENT OF TRUSTEES. RESPONSIBILITIES
The trustees (who are also directors of Thameside Nature Park for the purposes of company lawl are
responsible for preparing the Trustees, Annual Report and the financial statements in accordance
with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year. 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 charitable company and of the incoming
resources and application of resources, including the income and expenditure, of the charitable
company for that period. In preparing these financial statements, the trustees are required to:
select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP 2019 (FRS 1021;
make judgements and estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards have been followed
prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the charitable company will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable
accuracy at any time the financial position of the charitable company and enable them to ensure that
the financial statements comply with the Companies Act 2006. They are also responsible for
safeguarding the assets of the charitable company and hence for taking reasonable steps for the
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THAMESIDE NATURE PARK LIMITED
prevention and detection of fraud and other irregularities.
In so far as the trustees are aware:
there is no relevant audit information of which the charitable company's auditor is unaware;
and
the trustees have taken all steps that they ought to have taken to make themselves aware of
any relevant audit information and to establish that the auditor is aware of that information.
This report has been prepared in accordance with the provisions applicable to companies subject
to the small companies, regime.
STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS
So far as the Trustees are aware, there is no relevant audit information of which the charitable
company's auditors are unaware. Additionally, the trustees have taken all the necessary steps that
they ought to have taken as trustees in order to make themselves aware of all relevant audit
information and to establish that the charitable company's auditor5 are aware of that information.
AUDITORS
Following a review of audit Services at the end of 2024, Moore Kingston Smith LLP were appointed as
auditors for the accounts of 2024, at the Emergency General Meeting of Essex Wildlife Trust in
February 2025.
In accordance with the company's articles, a resolution proposing that Moore Kingston Smith LLP be
re-appointed as auditors will be put at a General Meeting.
This report has been prepared in accordance with the provisions applicable to companies entitled to
the small companie5 exemption.
BY ORDER OF THE BOARD:
R Yates- Chair
Date:
3110712025
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Independent Auditorfs Report to the Members of Thameside Nature Park
Opinion
We have audited the financial statements of Thameside Nature Park (the 'charitable company'l for
the year ended 31 December 2024 which comprise the Statement of Income and Expenditure, the
Balance Sheet, and notes to the financial statements, including significant accounting policies. The
financial reporting framework that has been applied in their preparation is applicable law and United
Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting
Standard applicable in the UK and Republic of Ireland {United Kingdom Generally Accepted
Accounting Practice).
In our opinion the financial statement5:
give a true and fair view of the state of the charitable companws affairs as at 31 December
2024, and of its incoming resources and application of resources, including its income and
expenditure, for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted
Accounting Practice; and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and
applicable law. Our responsibilities under those standards are further described in the Auditor's
Responsibilities for the audit of the financial statements section of our report. We are independent
of the company in accordance with the ethical requirements that are relevant to our audit of the
financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other
ethical responsibilities in accordance with these requirements. We believe that the audit evidence
we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees, use of the going concern
basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to
events or conditions that, individually or collectively, may cast significant doubt on the company's
ability to continue as a going concern for a period of at least twelve months from when the financial
statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are
described in the relevant sections of this report.
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Other information
The other information comprises the information included in the annual report, other than the
financial statements and our auditor's report thereon. The trustees are responsible for the other
information contained within the annual report. Our opinion on the financial statements does not
cover the other information and, except to the extent otherwise explicitly stated in our report, we do
not express any form of assurance conclusion thereon.
Our responsibility is to read the other information and, in doing so, consider whether the other
information is materially inconsistent with the financial statements or our knowledge obtained in the
course of the audit or otherwise appears to be materially misstated. If we identify such material
inconsistencies or apparent material misstatements, we are required to determine whether there is a
material misstatement in the financial statements themselves. If, based on the work we have
performed, we conclude that there is a material misstatement of this other information, we are
required to report that fact.
We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
the information given in the trustees, report for the financial year for which the financial
statements are prepared is consistent with the financial statements; and
the trustees, report has been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the company and its environment obtained in the
course of the audit, we have not identified material misstatements in the trustees, report.
We have nothing to report in respect of the following matters where the Companies Act 2006
requires us to report to you if, in our opinion:
adequate accounting records have not been kept, or returns adequate for our audit have not
been received from branches not visited by us; or
the financial statements are not in agreement with the accounting records and returns; or
certain disclosures of trustees, remuneration specified by law are not made.
we have not received all the information and explanations we require for our audit; or
the trustees were not entitled to prepare the financial statements in accordance with the
small companies regime and take advantage of the small companies, exemption in preparing
the trustees, report and from the requirement to prepare a strategic report
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Responsibilities of dirertors
As explained more fully in the trustees, responsibilities statement set out on page 13, the trustees
are responsible for the preparation of the financial statements and for being satisfied that they give a
true and fair view, and for such internal control as the trustees determine is necessary to enable the
preparation of financial statements that are free from material misstatement, whether due to fraud
or error.
In preparing the financial statements, the trustees are responsible for assessing the company's ability
to continue as a going concern, disclosing, as applicable, matters related to 80ing concern and using
the going concern basis of accounting unless the trustees either intend to liquidate the company or
to.
Auditor responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole
are free from material misstatement, whether due to fraud or error, and to issue an auditorfs report
that includes our opinion. Reasonable assurance 15 a high level of assurance, but is not a guarantee
that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement
when it exists. Misstatements can arise from fraud or error and are considered material if,
individually or in aggregate, they could reasonably be expected to influence the economic decisions
of users taken on the basis of these financial statements.
As part of an audit in accordance with ISAS (UK) we exercise professional judgement and maintain
professional scepticism throughout the audit. We also:
Identify and assess the risks of material misstatement of the financial statements, whether
due to fraud or error, design and perform audit procedure5 responsive to those risks, and
obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The
risk of not detecting a material misstatement resulting from fraud is higher than for one
resulting from error, as fraud may involve collusion, forgery, intentional omissions,
misrepresentations, or the override of internal control.
Obtain an understanding of internal control relevant to the audit in order to design audit
procedures that are appropriate in the circumstances, but not for the purposes of expressing
an opinion on the effectiveness of the company's internal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of
accounting estimates and related disclosures made by the trustees.
Conclude on the appropriateness of the trustees, use of the going concern basis of accounting
and, based on the audit evidence obtained, whether a material uncertainty exists related to
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events or conditions that may cast significant doubt on the compan¢s ability to continue as a
going concern. If we conclude that a material uncertainty exists, we are required to draw
attention in our auditor's report to the related disclosure5 in the financial statements or, if
such disclosures are inadequate, to modify our opinion. Our conclusions are based on the
audit evidence obtained up to the date of our auditor's report. However, future events or
conditions may cause the company to cease to continue as a going concern.
Evaluate the overall presentation. structure and content of the financial statements, including
the disclosures, and whether the financial statements represent the underlying transactions
and events in a manner that achieves fair presentation.
We communicate with those charged with governance regarding, among other matters, the planned
scope and timing of the audit and significant audit findings, including any significant deficiencies in
internal control that we identify during our audit.
Explanation as to what extent the audit was considered capable of detecting irregularities,
including fraud
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design
procedures in line with our responsibilities, outlined above, to detect material misstatements in
respect of irregularities, including fraud. The extent to which our procedures are capable of detecting
irregularities, including fraud is detailed below.
The objectives of our audit in respect of fraud, are; to identify and assess the risks of material
misstatement of the financial statements due to fraud; to obtain sufficient appropriate audit
evidence regarding the assessed risks of material misstatement due to fraud, through designing and
implementing appropriate responses to those assessed risks; and to respond appropriately to
instances of fraud or suspected fraud identified during the audit. However, the primary responsibility
for the prevention and detection of fraud rests with both management and those charged with
governance of the company.
Our approach was as follows:
We obtained an understanding of the legal and regulatory requirements applicable to the
company and considered that the most significant are the Companies Act 2006, Charities Act
2011, UK financial reporting standards as issued by the Financial Reporting Council, and UK
taxation legislation.
We obtained an understanding of how the company complies with these requirements by
discussions with management and those charged with governance.
We assessed the risk of material misstatement of the financial 5tatement5, including the risk
Page 17

THAMESIDE NATURE PARK LIMITED
of material misstatement due to fraud and how it might occur, by holding discussions with
management and those charged with governance.
We inquired of management and those charged with governance as to any known instances
of non-compliance or suspected non-compliance with laws and regulations.
Based on this understanding, we designed specific appropriate audit procedures to identify
instances of non-compliance with laws and regulations. This included making enquiries of
management and those charged with governance and obtaining additional corroborative
evidence as required.
There are inherent limitations in the audit procedures described above. We are less likely to become
aware of instances of non-compliance with laws and regulations that are not closely related to events
and transactions reflected in the financial statements. Also, the risk of not detecting a material
misstatement due to fraud is higher than the risk of not detecting one resultin8 from error, as fraud
may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or
through collusion.
Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of
Part 16 of the Companies Act 2006. Our audit work has been undertaken for no purpose other than
to draw to the attention of the company's members those matters which we are required to include
in an auditorfs report addressed to them. To the fullest extent permitted by law, we do not accept or
assume responsibility to any party other than the company and company's members as a body, for
our work, for this report, or forthe opinions we have formed.
OL'a-
,& .Sal LLP
Paul Springfield {Senior Statutory Auditor)
for and on behalf of Moore Kingston Smith LLP, Statutory Auditor
Orbital House
20 Eastern Road
Romford, Essex
RMI 3PJ
13 August 2025
Page 18

THAMESIDE NATURE PARK LIMITED
Statement of Financial Activities including Income and Expenditure for the year
st
ended 31 December 2024
Unrestricted Funds
Restricted Funds
Total Funds
Totsl Fund5
2023
2024
Notes
INCOME
Charitable Activities
2,703
361,127
363,830
303,814
Other
2,675
3,895
6.570
3,700
Total Income
5378
365,022
370,4(KI
307,514
EXPENDITURE
Charitable Activities
13,199
146,716
159,915
135.141
Totsl Expenditure
.199
146.716
159.915
135,141
NET INCOME
17,821)
218,306
210,485
172,373
Transfer between funds
1238.2551
238,255
NET MOVEMENT IN FUNDS
(246,076)
456,561
210,485
172,373
Balance Brought forward at
520.692
144,193
664,885
492.512
1st January 2024
Balance carried forward at
315t December 2024
12
274.616
600,754
875,370
664,885
The Statement of financial activities indudes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 22 to 31 form part of these financial statements
Page 19

THAMESIDE NATURE PARK LIMITED
Balance Sheet as at 31 December 2024
Company registration number: 07151955
2024
2023
Note5
FIXED AsS￿s
Tangible fixed assets
472.670
245,388
CURRENT ASS￿5
Debtors
361.195
387.053
Cash at bank and in hand
46.195
43,396
Total Current Assets
407.390
430,449
Liabilities
Creditors.. Amounts falling due within one year
(4.6901
{10.9521
NET CURRENT ASSErs
402,7(K)
419,497
TOTAL NET ASSETS
875370
664,885
CAPITAL AND RESERVES
Unrestricted Funds
254.616
255.304
Designated Funds
20,(KK)
265,388
Restricted Funds
6(K).754
144,193
TOTAL FUNDS
12
875,370
664,885
These financial statements have been prepared in accordance with the provisions applicable to
companies subject to the small companies, regime.
ON BEHALF OF THE BOARD:
R Yates- Chair
Date".
3110712025
J Dagley- Director
3110712025
Date:
Approved and authorised for issue by the Board on
The notes on pages 21 to 30 form part of these financial statements.
Page 20

THAMESIDE NATURE PARK LIMITED
Notes to the Financial Statements for the year ended 31 December 2024
I. ACCOUNTING POLICIES
Company information
Thameside Nature Park Limited is a limited company domiciled and incorporated in England and
Wales. The registered office is Abbotts Hall Farm, Great Wigborough, Colchester, Essex, C05 7RZ.
Accounting convention
The financial statement5 have been prepared under the historical cost convention, with the
exception of listed investments which are included at their market value. The financial statements
have been prepared in accordance with the 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 effective l January 2019(The FRS 102 Charities SORPI, the Companies
Act 2006 and Charities Act 2011.
The financial statements are prepared in Sterling, which is the functional currency of the company.
Monetary amounts in these financial statements are rounded to the nearest pound.
The financial statements have been prepared on the historical cost convention. The principal
accounting policies adopted are set out below.
Going concern
Having reviewed the companvs financial forecasts and expected future cashflows, the Trustees have
a reasonable expectation that the company has adequate resources to continue in operational
existence for the foreseeable future and for a period of at least 12 months following the approval of
these financial statement5. Thus, the going concern basis has been adopted in preparing the financial
statements for the year ended 31 December 2024.
Funds
Unrestricted Funds are those which can be used for the general advancement of the objectives of
Thameside Nature Park Limited. Designated Funds when shown are those designated for a specific
purpose by the Trustees. Restricted Funds are those whereby the use is restricted by the donor.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its
estimated useful life. As part of an overall review of fixed asset classifications and depreciation rates
the following rates have been updated to represent a more accurate reflection of the underlying
assets.
External works
Vehicles & attachments
IO% on cost p.a.
20% on cost p.a.
Page 21

THAMESIDE NATURE PARK LIMITED
Fixtures & fittings
Plant & equipment
Computer equipment
Office equipment
20% on cost p.a.
20% on cost p.
33.33% on cost p.a.
33.33% on cost p.a.
Assets under construction are included at cost value and are not depreciated until the point of
completion is reached.
Grants receivable
All income is recognised once the charity has entitlement to income, it is probable that income will be
received and the amount of income receivable can be measured reliably.
Expenditure
Expenditure is included in the Statement of Financial Activities (SOFA) on an accruals basis.
Charitable expenditure comprises direct costs in the deliverance of its activities and services in view of
the small size of the charity all support costs relate to this activity.
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 definition of a charitable company for UK corporation tax purposes.
Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains
received within categorie5 covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section
256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied
exclusively to charitable purposes.
Cash and cash equivalents
Cash and cash equivalents include cash in hand and deposits held at call with banks.
Financial Instruments
Basic financial instruments are initially recognised at transaction value and subsequently
measured at their settlement value with the exception of bank loans which are subsequently
measured at amortised cost using the effective interest method.
CRITICALACCOUNTING ESTIMATES AND JUDGEMENTS
Key sources of estimation uncertainty
In the application of the charitable company's accounting policies, the Trustees are required to make
judgements, estimates and assumptions about the carrying amount of assets and liabilities that are
not readily apparent from other sources. The estimates and associated assumptions are based on
historical experience and other factors that are considered to be relevant. Actual results may differ
from these estimates.
Page 22

THAMESIDE NATURE PARK LIMITED
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised, if the revision affects only
that period, or in the period of the revision and future periods if the revision affects both current and
future periods.
Useful economic lives of tangible fixed assets
The annual depreciation charge for tangible fixed assets is sensitive to changes in the estimated
useful economic lives and residual values of the assets. The useful economic lives and residual values
are re-assessed annually. They are amended when necessary to reflect current estimates, based on
technological advancement, future investment5, economic utilisation and the physical condition of
the assets. See note 7 for the carrying amount of the tangible fixed assets and note I for the useful
economic lives for each class of asset.
2. INCOME FROM CHARITABLE AcfiviTIES
Unrestricted Restricted
Funds
Funds Totsl Funds
Unrestrirted Restrirted
funds
funds
2023
2023
Total Funds
2024
2024
2024
2023
Grants and donations received
The Mucking Charitable Trust
Agricultural Grants
Donations
134,488
134.488
131,210
131,210
2,703
2,703
9,503
9,503
6.312
6.312
National Highways Grant
SEEParks Grant
156,789
156,789
14,928
14.928
Golden Gales Grant
209,711
209,711
Coryion Grant
Total
2,000
2.703
361.127
363,830
15,815
287,999
303,814
Golden Gates grant was given to develop the site around the Golden Gates Lake, include bird hides, picnic area
and car park.
SEEParks grant was given to a project connecting landscapes in south Essex from Coalhouse Fort to Fobbing
Marshes. The project is a collaboration between adjoining land owners and Thurrock Council with the purpose
of creating an accessible path through the Central Thames Marshes.
Page 23

THAMESIDE NATURE PARK LIMITED
3. STAFF COSTS
2024
2023
Wages & Salaries
Social Security costs
Other pension costs
Additional labour costs
65.130
55A43
6.008
4.667
2.686
2,798
1610)
62,298
73,824
No employee earned in excess of £60,000 in the year (2023.. none) The average number of employees during the year
was 2.6 (2023.. 2.1).
EXPENDITURE
Unre5trirt
ed Funds
Restrirted
Fund5
Total Unrestricted Restrirted
Funds
Funds
Fund5
Total
Fund5
2024
2024
2024
2023
2023
2023
Direct Costs
Salaries & related costs
12,467
61.357
73.824
62.298
62.298
Other staff costs
569
569
821
821
Propety costs induding Crown Cottage
Reserve maintenance and materials
6.418
6,418
4,324
4,324
12,278
12,278
13,663
13,663
Vehicle costs
6,411
6AII
814
814
Depreciation
Total Direct Costs
732
40,433
41.165
183
34.311
34.494
13,199
127A66
140,665
183
116,231
116,414
Support costs
Administration expenses
Bank charges
Professional Fees
292
292
1,154
146
1,300
106
50
50
3.478
3A78
1,119
1,119
Intercompany recharges
Audit Fees
10.712
10.712
11.736
11.736
4,662
4,662
4,522
4,522
Total Support Costs
19.250
19,250
1,154
17,573
18,727
Total Expenditure
13,199
146.716
159,915
1,337
133,804
135,141
All support costs are in furtherance of the Charitable Activities.
Governance costs included above amount to £4,662 {2023: £4,522).
Page 24

THAMESIDE NATURE PARK LIMITED
5. AUDITORS, REMUNERATION
2024
2023
Fees payable to the company's auditors for the
audit of the company's annual accounts
Auditors, remuneration- {Moore Kingston Smith)
Audit
Auditors, remuneration- {Price Bailey)
Audit
522
4,662
4,662
4,522
6. RETIREMENT BENEFIT SCHEMES
The charitable company operates a defined contribution pension scheme for all qualifying employees. The assets of
the scheme are held separately from those of the company in an independently administered fund.
The charge to profit and loss in respect of defined contribution schemes was £2,686 (2023: £2,798). The pension
costs are allocated to direct costs.
7. TANGIBLE FIXED ASSESTS
Extemal Works
Plant and
Equipment
Vehicles and
Attachments
TOTAL
COST
At 1st January 2024
Additions
362,180
23,663
16,913
402,756
268,727
{1,3991
670,084
266.807
1,920
11,3991
17A34
Disposals
At 31st December 2024
628,987
23.663
DEPRECIATION
At 1st January 2024
Charge for year
Disposals
At 31st December 2024
139.865
5.281
12,222
157,368
33,607
4.310
3,248
11,1191
14,351
41.165
(1,119)
197,414
173,472
9,591
NET BOOK VALUE
At 31st December 2024
At 31st December 2023
455,515
222,315
14,072
18,382
3,083
4,691
472,670
245,388
Page 25

THAMESIDE NATURE PARK LIMITED
8. DEBTORS
2024
2023
Amounts falling due within one year
Amounts owed by Group Undertakings
342,509
373,852
Other debtors
18.686
361,195
13,201
387,053
2024
2023
CREDITORS
Amounts falling due within one year
Trade Creditors
Other creditors
259
4,431
2,672
8,280
4,690
10,952
10. CONTIGENT LIABILITY
The company is part of a group VAT registration and is therefore potentially liable for VAT liabilities of the
other members of the VAT group, which consist of the parent company and its subsidiaries. As at 31 December
2024, the VAT liability of the group was £12,977 {2023: £18,108), Thameside Nature Park had a year end
debtor balance of £3,56712023: £4,943).
11. CAPITAL COMMITMENTS
At 31st December 2024, the charity had contracted capital commitments of £277,390 (2023:£nil)
relating to the SEEParks project.
Page 26

THAMESIDE NATURE PARK LIMITED
12. ANALYSIS OF FUNDS
Balance
01 January
2024
Increases in Decreases in
funds
fijnds
Balance 31
December
2024
2024
Transfers
Unrestricted Funds
Free reserves
General fixed assets reserve
Total Unrestricted Funds
255.304
5,378
112,4671
17321
(13,199)
138,9391
46,072
7,133
209,276
45.340
254,616
255,304
5.378
Desi
nated Funds
Opportunity reserve
General fixes assets reserve
MCT funded fixed assets
National Highways funded fixed
assets
20,000
7.133
91.419
20,000
17,1331
191,4191
146,836
265,388
1146,8361
{245,3881
Total Designated Funds
20,000
Restricted Funds
MCT reserves
94.193
138,383
1103,7821
125.4571
15,3711
96,790
1209,7111
209,711
123,423
71,333
MCT funded fixed assets
Golden Gates grant
Golden Gates fixed assets
Coryton grant
SEEParks grant
SEEParks fixed assets
National Highways funded fixed
assets
209,711
209,711
2,000
14,928
12,0001
15001
114,4281
14,428
14.428
114.9771
146,836
131,859
50,000
600,754
Road Repair Reserve
Total Restricted Funds
50,000
144,193
365,022
1146,716)
238,255
Total Reserves
664,885
370,400
1159.915)
875,370
Page 27

THAMESIDE NATURE PARK LIMITED
Restated
balance
01 January
2023
2023
Increases
Decreases
Transfers
Balance
31 December
2023
in fvnds
in funds
Unrestricted Funds
Free reserves
307.467
16,315
11,1541
167,3241
255.304
Total Unrestricted Funds
307,467
16,315
11,154)
{67,3241
255,304
Desi
nated Funds
Opportunity reserve
General fixed assets reserve
MCT funded fixed assets
National Highways ￿nded fixed assets
20,000
7,316
4,589
146,836
20,000
7,133
91.419
146.836
265,388
520,692
11831
86,830
Total Designated Funds
Total Unrestricted Funds
86,830
394,297
1183)
11.337)
178,741
111,417
16,315
Restricted Funds
MCT Reserves
59,276
131,210
1120,6511
24,358
11,061
1146.8361
94,193
50,000
Road repair reserve
National Highways fixed assets
38,939
159,989
113.1531
Total Restricted Funds
98215
291,199
{133A041
(111,417)
144,193
Total Reserves
492.512
307.514
{135,141)
664,885
Unrestricted Funds are available for general allocation to Thameside Nature Park works and projects
not covered by any specific restricted funds.
Designated Funds are set and managed by the Trustees to allocate funds towards future work or
a reas of activities.
Opportunity Reserve allocation of funds readily available to investigate new ventures that might be
explored during the year.
The Mcf Restricted Fund repre5entS the balance of funds provided for the management and
maintenance of the Nature Park. The funds are received through annual grant funding from Mucking
Charitable Trust, who manage the long-term fund.
Other Restricted Funds relate to grants received for specific projects on the site that support work
that falls outside of the management and maintenance work covered by MCT funding.
Page 28

THAMESIDE NATURE PARK LIMITED
13. ANALYSIS OF NEf ASSEfs BEfwEEN FUNDS
2024
Unrestricted
45,340
229.276
Restricted
Total
Tangible fixed assets
Current assets
Current liabilities
427.330
178,114
14,6901
472.670
407.390
14,6901
Total net assets
274,616
600,754
875.370
2023
Unrestricted
245,388
275,304
Restricted
Total
245.388
430,449
110,952}
664,885
Tangible fixed assets
Current assets
Current liabilities
Total net assets
155,145
{10.9521
144,193
520,692
14. ULTIMATE PARENT COMPANY
The Trustees regard Essex Wildlife Trust Limited, a company {00638666) and charity1210065)
registered in England and Wales, to be the ultimate parent company.
The principal activity of Essex Wildlife Trust Limited is to advance, promote and further the
conservation, maintenance and protection of nature reserves across the county of Essex.
The smallest and largest group of undertakings for which group accounts have been drawn up is that
headed by Essex Wildlife Trust Limited.
Copies of the consolidated financial statements of Essex Wildlife Trust Limited are available from
Abbotts Hall Farm, Great Wigborough, Colchester, Essex, C05 7RZ.
15. COMPANY STATUS
The charity is a company limited by guarantee not having a share capital. In the event of the winding
up, under the terms of the Memorandum of Association each member guarantees to contribute a
sum not exceeding £10.
16. RELATED PARTYTRANSAcfioNS AND GROUP TRANSACTIONS AND BALANCES
During the year charges of £10,712 (2023: £11,736) were made to the charity by Essex Wildlife Trust
Limited, the parent charity. Included in debtors is £342,509 (2022: £373,852) due from Essex Wildlife
Trust Limited.
Page 29

THAMESIDE NATURE PARK LIMITED
17. PRIOR PERIOD STATEMENT OF FINANCIAL AcfiviTIES
Unrestricted
Funds
Restricted
Funds
Total Funds
2023
Notes
INCOME
Charitable Activities
15.815
287,999
303,814
Investments
Other
5(K)
3,200
3,7LXI
Totsl Income
16.315
291.199
307.514
EXPENDITURE
Charitable Activities
1.337
133,804
135,141
Totsl Expenditure
1.337
133
135,141
NET INCOME
14.978
157,395
172,373
Transfer between funds
111,417
1111,4171
NET MOVEMENT IN FUNDS
126.395
45.978
172.373
Balance Brought forward at
1st January 2023 Irestatedl
Balance carried forw3rd at
31" December 2023
394,297
98,215
492,512
io
520.692
144.193
664,885
Page 30