2023-03-31-accounts

Trustees		MrJS R Elliott
		DrSD Ward
		Mr E Hewetson
		Mrs C Berry
		Dr PWelsh
		Mrs H Loxam
		Mr D Swalwell
		Mr G Brooms
Charity number		1141021
Company	number	07444213
Registered	ofttcs	The Estate Otgce
		Low Ploughlands
		Little Musgrave
		Kirkby Stephen
		Cumbrla
		CA17 4PQ
Auditor		Xeinadin Audit Limited
		Oak House, Market Place
		Bedale
		North Yorkshire
		DL8 1AQ
Bankers		Barclays Bank Pic
		31 High Row
		Darlington
		County Durham
		DL37QS
Solicitors		Kilvington Solicitors
		Westmorland House
		Market Square
		Kirkby Stephen
		Cumbrla
		CA174QT

		Page
Trustees' report		1-4
Statement oftrustees'	responsibilities
independent auditor's	report	6-9
Statement offinancial	activities	10
Balance sheet
Notes to the financial	statements	12-23

			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
		Notes	2023 f	2023 f	2023 f	2022 f	2022 f	2022 f
Income and endowments			from:
Donations and
legacies			425	34,795	35,220	50		50
Charitable activities			55,232	78,357	133,589	51,886		51,886
Investments			131,643		131,643	113,982		113,982
Other income			1,017		1,017	6,090		6,090
Total income			188,317	113,152	301,469	172,008		172,008
E~EE
Raising funds		7	83,047		83,047	55,100		55,100
Charitable activities		8	136,684	73,958	210,642	106,132	241	106,373
Total expenditure			219,731	73,958	293,689	161,232	241	161,473
Net gains/(losses)		on
Investments		11	15,544		15,544	(33,101)		(33,101)
Net (outgoing)/incoming
resources before
transfers			(15,870)	39,194	23,324	(22,325)	(241)	(22,566)
Gross transfers
between funds			3,495	(3,495)
Net movement	in	funds	(12,375)	35,699	23,324	(22,325)	(241)	(22,566)
Fund balances	at 1 April
2022			5,304,717	4,264	5,308,981	5,327,042	4,505	5,331,547
Fund balances	at	31
Ilarch 2023			5,292,342	39,963	5,332,305	5,304,717	4,264	5,308,981

				2023		2022
			Notes	F		6
Fixed assets
Entitlements			13		4,500
Tangible assets			14		1,783,121		1,790,451
Investment	property		15		2,890,000		2,770,371
Investments			16		796,895		857,228
					5,474,516		5,418,050
Current assets
Debtors			17	58,325		19,320
Cash at bank and in		hand		74,317		191,475
				132,642		210,795
Creditors:	amounts	falling due within
one year			18	(40,321)		(76,774)
Net current	assets				92,321		134,021
Total assets less current liabilities					5,566,837		5,552,071
Creditors:	amounts	falling due after
more than	one year		19		(234,532)		(243,090)
Net assets					5,332,305		5,308,981
Income funds
Restricted	funds		21		39,963		4,264
Unrestricted	funds				5,292,342		5,304,717
					5,332,305		5,308,981

			Unrestricted	Restricted	Total	Unrestricted
			funds	funds		funds
			2023	2023	2023	2022
			5	f	6	5
Donations	and	gifts	425	34,795	35,220	50

			2023 8	2022 f
Rental income			38,202	35,749
Government	subsidies	and other income	17,709	16,137
Performance	related grants		77,678
			133,589	51,886
Analysis by	fund
Unrestricted	funds		55,232	51,886
Restrictsd funds			78,357
			133,589	51,886

		Unrestricted	Unrestricted
		funds	funds
		2023	2022
		6	8
Rental	income	119,140	104,948
Income	from listed investmsnts	12,455	9,028
Interest	receivable	48	6
		131,643	113,982

6	Other income
		Unrestricted	Unrestricted
		funds	funds
		2023	2022
		6	8
	Net gain on disposal oftangible fixed assets	1,017	6,090
7	Raising funds

			Unrestricted	Unrestricted
			funds	funds
			2023 f	2022 8
Investment	property	expenditure
Invsstmsnt	property	running costs	41,804	27,747
Investmsnt	property	repairs and maintenance	39,656	23,150
Investment	property	expenditure	81,460	50,897
Investment	management costs		1,587	4,203
			83,047	55,100

				2023f	2022f
Stalf costs				26,150	24,928
Depreciation	and impairment			9,877	9,647
Repair, maintenance Operational costs		and conservation	costs	101,080 13,122	17,106 7,038
Support costs Irrecoverable VAT				51,234 9,179	35,490 12,164
				210,642	106,373
Analysis by Unrestricted	fund funds			136,684	106,132
Restricted funds				73,958	241
				210,642	106,373

The average	monthly number ofemployees during th	e year was:
		2023	2022
		Number	Number
Warden
Employment	costs	2023 8	2022 8
Wages and salaries		24,150	22,928
Other pension costs		2,000	2,000
		26,150	24,928

Net gains/(	loss	es) on inv	estments
				Unrestricted Unrestricted
				funds	funds
				2023	2022
				8	f
Revaluation	of	investments		(71,037)	(329,842)
Gain/(loss)	on	sale ofinvestments			296,741
Revaluation	of	investment	properties	86,581
				15,544	(33,101)

intangible fixed asse	ts
		Entltlementef
Cost
At 1 April 2022 Additions - separately	acquired	6,000
At 31 March 2023		6,000
Amortlsation and Impairment
At 1 April 2022 Amortlsation charged	for the year	1,500
At 31 March 2023		1,500
Carrying amount At 31 March 2023		4,500
At 31 March 2022

Tangible fixe	d asset	s
			Freehold land	Plant and Idotor	vehlotea	Total
			&hulldlnae	ertutpment
			6	6	6
Cost
At 1 April 2022			1,749,448	64,744	20,525	1,834,717
Additions				6,280		6,280
Disposals				(13,875)		(13,875)
At 31 March	2023		1,749,448	57,149	20,525	1,827,122
Depreciation	and impairment
At 1 April 2022				39,112	5,154	44,266
Depreciation	charged	in ths year		4,534	3,843	8,377
Eliminated in	respect	ofdisposals		(8,642)	-	(8,642)
At 31 March	2023			35,004	8,997	44,001
Canylng amount
At 31 March	2023		1,749,448	22,145	11,528	1,783,121
At 31 March	2022		1,749,448	25,632	15,371	1,790,451

15	Investment	property	property
					2023
					6
	Fair value
	At 1 April 2022				2,770,371
	Additions through		external	acquisition	33,048
	Net gains or	losses through		fair value adjustmsnts	86,581
	At 31 March	2023			2,890,000

Fixed as	set investments
		Listed	Investment	Total
		investments	cash
		6	8
Cost orvaluation
At 1 April	2022	851,536	5,692	857,228
Additions		1,580	9,289	10,869
Valuation	changes	(71,037)		(71,037)
Disposals		(165)		(165)
At 31 March 2023		781,914	14,981	796,895
Carrying	amount
At 31 March 2023		781,914	14,981	796,895
At 31 March 2022		851,536	5,692	857,228
All investments are carried at their fair value. Investmsnts		in equities, fixed interest	and other securities are all
traded in	quoted public markets for which market prices	ars readily available.
Debtors
			2023	2022
Amounts	falling due within one year:		6	8
Other debtors			8,472	10,680
Prepsyments and accrued income			49,853	8,640
			58,325	19,320

18	Creditors: amounts	Creditors: amounts	fsging due within one year	fsging due within one year
						2023	2022
					Notes	8	8
	Bank loans				20	8,015	4,800
	Other taxation snd	social security				1,521	2,345
	Trade creditors					8,051	14,837
	Other creditors					5,489	5,489
	Accruals and deferred			income		17,245	49,303
						40,321	78,774
19	Creditors: amounts		falling due after more than one year
						2023	2022
					Notes	8	8
	Bankloans				20	234,532	243,090
20	Loans and overdrafts
						2023 8	2022f
	Bankloans					242,547	247,890
	Payable within one year					8,015	4,800
	Payable after one year					234,532	243,090
	Amounts induded	above which fsfi due afier five years:
	Payable other than	by		instalments		212,490	212,490

								Movement	in funds
			Balance at	Resources		Balance st		Incomlna Resources		Transfers	Balance at
			1April 2021	expended		1April	2322	resources expended				31inarch
												2023
			f		f		f	f	f	f		f
Natural England - Higher
Level Stewardship
Scheme			1,658	(241)		1,417		-	(205)		-	1,212
Peakes Pond	Haybridgs		2,847			2,847						2,847
Haybridge Nature
Reserve								35,474	(6,430)			29,044
Hartley Lakes	Field &
Open Access	Project							72,224	(67,323)	(3,495)		1,406
Haybridge BEATA Habitat
Assessment								5,454				5,454
			4,505	(241)		4,264		113,152	(73,958)	(3,495)		39,963
The Natural	England	Higher	Level Stewardship		Scheme		fund	relates to the Haybridgs		Moss and		Hulleter
Moss project.	The remaining		balance within this		fund	represents		ths net book value ofcapital assets				that were
acquired and	created	as e result ofthe project.

22	Analysis ofnet assets	between funds
		Unrestricted	Restricted	Total Unrestricted		Restricted	Total
		funds	funds		funds	funds
		2023 6	2023 6	2023 6	2022 6	2022 f	2022 6
	Fund balances at 31
	March 2023are
	represented by:
	Intangible fixed assets	4,500		4,500
	Tangible assets	1,781,959	1,162	1,783,121	1,789,084	1,367	1,790,451
	Investment properties	2,890,000		2,890,000	2,770,371		2,770,371
	Investments	796,895		796,895	857,228		857,228
	Current assets/(liabilities)	53,520	38,801	92,321	131,124	2,897	134,021
	Long term liabilities	(234,532)		(234,532)	(243,090)		(243,090)
		5,292,342	39,963	5,332,305	5,304,717	4,264	5,308,981