## **Trustees' Annual Report for the period**
Period start date Period end date 1 1 2024 31 12 2024 **From To**
## Section A Reference and administration details
**Charity name** Herefordshire and Worcestershire Earth Heritage Trust
**Other names charity is known by**
1144354 **Charity's principal address** Geological Records Centre University of Worcester, Henwick Road Worcester **Postcode** WR2 6AJ ~~ee~~
**Registered charity number (if any)** 1144354
**Names of the charity trustees who manage the charity**
|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|---|---|---|---|
|1 Mrs K Andrew||||
|Mr M Brooks|Deputy Chair after
June 2024|||
|Professor I
Fairchild|Chair|||
|4 Dr S Hay|Deputychair|To June 2024||
|5 Mrs K Hughes||||
|6 Dr C Jones||||
|7 Mr M Baggott||||
|8 Mrs E Andrews||||
|9 Dr. A. Sims||||
|||||
|||||
|||||
|||||
|||||
|||||
|||||
|~~==~~|~~==~~|~~==~~|~~==~~|
Page Page 1 of 17
**Names and addresses of advisers (Optional information)**
|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|
|---|---|---|
|**Type of adviser**
**Name**
**Address**|||
||||
||||
||||
||||
|**Name of chief executive or names of senior staff members (Optional information)**|||
||||
## **Section B Structure, governance and management**
## **Description of the charity’s trusts**
Memorandum & Articles of Association dated: 31st March 2011 First Type of governing document Amendment: 28th September 2011 (eg. trust deed, constitution) Adopted New Articles in line with Charities Act 2011: 10th July 2024 Private company limited by guarantee, registered at Companies House, How the charity is constituted Cardiff. Co. No. 07586089 (eg. trust, association, company) Appointed by trustees and confirmed in general meeting Trustee selection methods
- (eg. appointed by, elected by)
## **Additional governance issues (Optional information)**
You **may choose** to include additional information, where relevant, about:
- policies and procedures adopted for the induction and training of trustees;
- the charity’s organisational structure and any wider network with which the charity works;
- relationship with any related parties;
- trustees’ consideration of major risks and the system and procedures to manage them.
Significant external risks exist in respect of delivery of projects in accordance with the requirements of external funders. These risks are managed through the oversight of projects by designated trustees, and regular review and discussion of the projects in Board meetings. A general risk to the Trust's operations exists through the difficulty in securing funding for general charitable activities and the trustees remain mindful of the need to control costs and increase fundraising. Reserves are sufficient to the end of 2025, whilst a new project is being developed. Procedures are in place to ensure compliance with health and safety of staff, volunteers, contractors and visitors, both within the Trust offices, at various geological sites across the two counties and during other activities conducted by the Trust.
When set up in 2011, the Trust adopted a set of Articles of Association based on the then pro-forma Model Articles published by the Charity Commission. In the period since then there have been a number of changes to Charity Law which means that some of our Articles were no longer current. A review conducted in 2023 by Trustees Andrew Sims, Sue Hay and Mark Baggott resulted in a proposal that the Board should recommend to Friends that the Trust adopt a new set of Articles of Association based on the current Model Articles published by the Charity Commission. The Board has accepted this proposal and this was ratified at the AGM on 10th July 2024.
Page Page 2 of 17
## **Section C Objectives and activities**
The Trust’s objects are to promote the protection, conservation and improvement of Earth heritage sites for the benefit of the public, in particular, but not exclusively, in the counties of Herefordshire and **Summary of the objects of the** Worcestershire; and also to educate the public in Earth heritage. **charity set out in its governing document** The following main activities were undertaken for public benefit in relation to the Trust’s objects during 2023: **Malvern Hills Site Maintenance** The Malvern Hills National Landscape (formerly AONB) and the Malvern Hills Trust contracted the Trust to undertake site maintenance at several important Earth heritage sites for the benefit of all visitors to these sites. **Website and newsletter**
No major adjustments to the Trust’s main website were needed to the website. We continue with a monthly newsletter linked in part to posts on the website, which have been fruitful.
**Summary of the main** the website, which have been fruitful. **activities undertaken for the Assessment of site conditions of Sites of Special Scientific public benefit in relation to Importance.** Some sites in Shropshire were surveyed in autumn 2024 on **these objects (include within** behalf of Natural England. **this section the statutory declaration that trustees have Site designation and documentation.** We continued to improve the **had regard to the guidance** map-based summaries of our designated sites. **issued by the Charity Commission on public Fossil boxes.** The fossil box project went from strength during the year. **benefit)** These boxes were newly designed and created by Trustee Mark Baggott
**Fossil boxes.** The fossil box project went from strength during the year. These boxes were newly designed and created by Trustee Mark Baggott on behalf of the Trust and have continued to attract external funding to distribute them.
Page Page 3 of 17
## **Additional details of objectives and activities (Optional information)**
The Trust would not function without the support of its volunteers. Volunteers assist with all aspects of the Trust’s work from acting as Trustees, assisting with specific projects, helping at public events as well as leading public walks and giving talks.
You **may choose** to include further statements, where relevant, about:
- policy on grantmaking;
- policy programme related investment;
- contribution made by volunteers.
New volunteers continue to be recruited and trained and participated in the projects mentioned in the previous section. Also, volunteers are still undertaking work developed during previous projects such as:
Trail Watch Volunteers, developed in 2010/11, continue to monitor the condition of the Geopark Way by walking sections and reporting their findings to the Trust, who in turn inform the relevant local authority. We also continued checked the condition of routes in our published _Explore_ series.
The Community Earth Heritage Champions Project (2008-2012) recruited local volunteers to take on the monitoring, conservation and education roles at a local level at specific sites across the counties of Herefordshire and Worcestershire. Many of the original volunteers together with some new recruits continue giving considerable amount of time to this work.
Volunteers effectively deliver the site clearance work on behalf of the Malvern Hills Trust and National Landscape
## Section D Achievements and performance
**Summary of the main achievements of the charity during the year**
**Erratics lottery-funded project.** The final deliverable, an interpretation board on the University of Birmingham campus next to its prominent erratic stone, was installed in March 2024.
**Accessibility.** Significant progress was made in designing a new project based around the theme of accessibility to be submitted to the National Lottery in Spring 2025.
**Websites and apps.** The recently produced websites erraticsproject.org and iceageponds.org and apps for the Geopark Way have been maintained.
**Visibility at public events** . Our participation in the Countrytastic event at the Malvern Showground proved again very popular with the public. We also participated in the May Day water festival in Malvern, including preparing a summary of the geology of local springs. A dinosaur trail on that day was well attended.
**Adult education.** Lectures were given at society and U3A meetings through the year (in person and by Zoom) by EHT Trustees and associated volunteers.
**Site maintenance** . Clearance of some sites in the Malverns under contract and in several other areas by direct voluntary labour has again been achieved.
**Work with planning authorities.** Many responses to planning consultations have been made and there has been active participation in the Local Nature Partnerships in the two counties.
Page Page 4 of 17
**Assessment of site conditions of Sites of Special Scientific Importance** . Sites were surveyed for Natural England.
**Maintenance of long-distance route.** The Geopark Way, a 109-mile route has been supported by sales of the guide and by recruiting volunteers to check on route condition.
## **Section E Financial review**
While the Trust has no significant fixed overheads, equally it has no **Brief statement of the** significant fixed sources of income. Accordingly, the trustees accept that **charity’s policy on reserves** the level of retained reserves will fluctuate from year to year.
The trustees seek to deliver a continuation of its basic charitable undertakings, with the necessary costs involved, while they continue to look for additional sources of income, grants and donations and develop its fundraising activities.
The trustees aim to build and maintain the reserves at a level that can sustain activities for a period of 12 months or more. With the completion of a major lottery project, income decreased significantly in 2024, offset by a substantial donation, but the reduction in reserves was planned pending the submission of a new project proposal.
**Details of any funds materially in deficit**
Page Page 5 of 17
## **Further financial review details (Optional information)**
You **may choose** to include additional information, where relevant about:
- the charity’s principal sources of funds (including any fundraising);
- how expenditure has supported the key objectives of the charity;
- investment policy and objectives including any ethical investment policy adopted.
## **Section F Other optional information**
## **Section G Declaration** ~~a~~ **The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s)** ~~(cial~~ **Full name(s)** Prof Ian Fairchild ~~a~~ **Position (eg Secretary, Chair,** Chair **etc)** ~~a~~ **Date** 6/4/2025 ~~|~~
Page Page 6 of 17
Herefordshire & Worcestershire Earth Heritage Trust
Statement of Financial Activities (including Income & Expenditure) as at 31st December 2024
_A_
_D_
|**_Charity_**
**_Commission_**
**_Note_**
**Incoming resources**
_2_
Voluntary Income
Designated activities
Other activities
Projects
_4,5_
Fundraising
Investment income
**Incoming resources from activities**
Other incoming resources
**Total incoming resources**
**Outgoing resources**
_3_
Principal charitable activities
Designated activities
Commercial activities
Projects
_4,5_
Project scoping
_4,5_
Fundraising
Investment income
Support costs
**Outgoing resources on activities**
**Governance Costs**
_6_
**Other resources expended**
**_Total resources expended_**
**_Net incoming resources before transfers_**
**Gross transfers between funds**
_7_
**_Net incoming/(outgoing resources_**
**_before other recognised_**
**_gains/(losses)_**
**Other recognised gains/(losses)**
**_Net movement in funds_**
_10_
**Total funds brought forward**
**_Total funds carried forward_**|**General Reserve**|**General Reserve**||||
|---|---|---|---|---|---|
||**Unrestric-**
**ted funds**
**£**|**Designa-**
**ted funds**
**£**|**Restrict-**
**ed funds**
**£**|**Total**
**2024**
**£**|**Total**
**2023**
**£**|
|||||||
||14,448||0|14,448|5,377|
|||6,778|0|6,778|3,125|
||1,309||0|1,309|4,129|
||||3,715|3,715|54,904|
||0|||0|0|
||0|||0|0|
||**15,757**|**6,778**|**3,715**|**26,250**|**67,535**|
||0|0|0|0|0|
||**15,757**|**6,778**|**3,715**|**26,250**|**67,535**|
|||||0|0|
||-10,790|2,786|2,964|-5,040|-5,758|
||39,107|4,351|-192|43,266|49,024|
||**28,317**|**7,137**|**2,772**|**38,226**|**43,266**|
The statement of financial activities includes all gains and losses in the year. All incoming resources and resources expended derive from continuing activities.
Incoming resources in relation to projects is made up of £2.9k from the **Malvern Hills National Landscape** and £0.8k from the **Malvern Hills A.O.N.B.**
The Fossil Box project received funding from the **Geologists Association** of £1,500 and the **Palaeontographical Society** of £500.
Page Page 7 of 17
Herefordshire & Worcestershire Earth Heritage Trust
Balance Sheet As at 31 December 2024
**----- Start of picture text -----**
CC 2024 2023
Note £ £ DMP
Current assets ref
Sundry debtors 357 2,168 (Z1)
Cash & Bank balances 39,021 44,976 (Z2)
39,378 47,145
Creditors: amounts falling due within one year
Sundry creditors -1,152 -3,879 (Z3)
Total assets less current liabilities 38,226 43,266
Net Assets (see " note " below) 38,226 43,266
Funds of the Charity 9
Unrestricted funds
Designated funds 7,137 3,848 (Z4)
General funds 28,317 38,517 (Z5)
Restricted funds 2,772 900 (Z6)
Total carried forward at 31 December 2024 38,226 43,266
**----- End of picture text -----**
For the financial year in question the company was entitled to exemption under sections 477 and 382 of the Companies Act 2006 relating to small companies.
No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
**----- Start of picture text -----**
Signature ______________________
**----- End of picture text -----**
Name Prof. Ian Fairchild________________________
Title: Chair of Trustees
Approved on 21st June 2025
Page Page 8 of 17
**Herefordshire & Worcestershire Earth Heritage Trust Notes to the Accounts, year ended 31 December 2024**
## **1 Accounting policies**
## **1.1 Basis of preparation**
- a The accounts have been prepared broadly in line with the Statement of Recommended Practice (SORP FRS102) - Accounting and Reporting by Charities. This precludes us from stating that our “report and accounts are compliant with this Sorp” (see page 3).
- b The accounts have been prepared on an accruals basis and under the historical cost convention (see page 3)
## **1.2 Incoming resources**
- **a Recognition of incoming resources:** These are included in the Statement of Financial Activities (SoFA) when:
- the charity becomes entitled to the resources;
- the trustees are virtually certain they will receive the resources; and
- the monetary value can be measured with sufficient reliability;
## **b**
## **Incoming resources with related expenditure:**
Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported gross in the SoFA.
## **c**
## **External projects** :
Income or cost balances are only taken into General Funds on satisfactory completion of the projects. Where projects are ongoing, income or cost balances are carried in the balance sheet as Restricted Funds.
## **d Grants and donations** :
Grants and donations are only included in the SoFA when the charity has unconditional entitlement to the resources.
## **e**
## **Tax reclaims on donations and gifts** :
- Incoming resources from tax reclaims are included in the SoFA at the time they are received from HMRC, or if claimed but not received by year-end, via accrual of outstanding claims.
- f
## **Contractual income and performance related grants:**
This is only included in the SoFA once the related goods or services have been delivered.
- **g**
## **Gifts in kind:**
- Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. There were no gifts in kind in the current year. Gifts in kind for use by the charity are included in the SoFA as incoming resources when receivable. As above, there were no gifts in kind in the current year.
## **h Donated services and facilities** :
These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.
Page Page 9 of 17
## **i Volunteer help**
The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.
- **j Investment income:**
This is included in the accounts when receivable. We have received no interest on our bank account since October 2016.
- **k Investment gains and losses** :
This would include any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year. There were no investment gains or losses in the current year.
## **1.3 Expenditure and Liabilities**
- **a**
## **Liability recognition** :
- Liabilities are recognised on an accruals basis as soon as there is a legal or constructive obligation committing the charity to pay out resources.
- **b Governance costs** : Includes costs of the preparation and examination of statutory accounts, the costs of trustee meetings and cost of any legal advice to trustees on governance or constitutional matters.
- **c**
## **Grants with performance conditions:**
- Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output.
- **d Grants payable without performance conditions** These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to the grant which remain in the control of the charity.
- **e**
## **Support Costs** :
Support costs include central functions not otherwise allocated to projects. Where costs have been allocated to projects it has been done on the basis of a mixture of consultant days and floor space, as used for the Erratics project.
## **1.4 Assets**
## **Tangible fixed assets for use by charity:**
- **a** These are capitalised if they can be used for more than one year, and cost at least £1,000. They are valued at cost or a reasonable value on receipt. No tangible fixed assets were purchased in the current year.
## **b Investments** :
Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees' best estimate of market value. No investments were made in the current year.
## **c Stocks and work in progress** :
Stock of publications is not valued or included at the end of the year.
- _N.B. Excess stock was disposed of in the reporting period but this had nil effect on the finances._
Page Page 10 of 17
## **NOTES:**
**Compliance with the SORP** _(extract from CHARITIES SORP (FRS 102) (second edition - October 2019_
3.28. For a charity to state that its report and accounts are compliant with this SORP, both its trustees’ annual report and its accounts must be prepared fully in accordance with the reporting and accounting recommendations of this SORP. To state that their accounts have been prepared in accordance with this SORP, a charity must:
- consider those SORP modules that apply to the activities, transactions and
- circumstances of the reporting charity;
- comply with applicable format requirements and accounting treatments specified by
- this SORP and provide those disclosures that this SORP specifies ‘must’ be provided;
- make any additional disclosures required by the FRS 102; and
- only depart from the requirements of this SORP or the FRS 102 if necessary for the
- accounts to give a true and fair view.
## **What is the Historical Cost Convention?**
The Historical Cost Convention is an accounting concept that states that assets and liabilities should be reported on a company's balance sheet at their original cost, regardless of any changes in value. This method of valuation ensures consistency in financial reporting by allowing companies to compare current asset values with historical costs over time.
## How does the Historical Cost Convention work?
The Historical Cost Convention requires companies to value assets and liabilities based on their original purchase or acquisition price. This includes all related costs such as transportation, installation, and legal fees associated with acquiring the asset or liability. In addition, this convention also requires companies to adjust the value.
Page Page 11 of 17
Herefordshire & Worcestershire Earth Heritage Trust Notes to the Accounts, year ended 31 December 2024
|**2 **|**Incoming resources**
Voluntary Income
Legacy
Donations
Gift Aid
Friendship Fees
Total
Designated activities
Geopark Way
Sale of Trail Guides
Fossil Boxes
Total
Other activities
Sale of Merchandise
School Walks & Talks
Guided Walks & Talks
Hire of trust equipment
Data requests
Consultancy
Courses & Workshops
Fossil Boxes
Other
Total
Fundraising
Sponsored Walk
Anniversary Walks
Total
Projects
Projects closed in year:
Gross income received (Note 4)
Ongoing projects:
Gross income received (Note 5)
Total|**Unrestricted**
**& Designated**
**£**
0
11,830
1,892
726
**14,448**
813
526
5,439
**6,778**
765
70
0
0
0
450
0
-77
102
**1,309**
0
0
**0**
**0**|**Unrestricted**
**& Designated**
**£**
0
11,830
1,892
726
**14,448**
813
526
5,439
**6,778**
765
70
0
0
0
450
0
-77
102
**1,309**
0
0
**0**
**0**|**Restricted**
**£**
**0**
**0**
**0**
**0**
3,715
0
**3,715**|**Restricted**
**£**
**0**
**0**
**0**
**0**
3,715
0
**3,715**|**Total**
**2024**
**£**
0
11,830
1,892
726
**14,448**
813
526
5,439
**6,778**
765
70
0
0
0
450
0
-77
102
**1,309**
0
0
**0**
3,715
0
**3,715**|**Total**
**2024**
**£**
0
11,830
1,892
726
**14,448**
813
526
5,439
**6,778**
765
70
0
0
0
450
0
-77
102
**1,309**
0
0
**0**
3,715
0
**3,715**|**Total**
**2023**
**_DMP_**
**£**
**_note_**
0
2,854
_A1_
1,621
_A2_
902
_A3_
**5,377**
1,164
_B1_
592
1,368
_B2_
**3,125**
527
_C1_
0
0
0
0
3,288
_C2_
0
0
315
_C3_
**4,129**
0
0
**0**
54,904
_D1_
0
**54,904**
**67,535**|
|---|---|---|---|---|---|---|---|---|
|||**22,535**||**3,715**||**26,250**||**67,535**|
Page Page 12 of 17
Herefordshire & Worcestershire Earth Heritage Trust
Notes to the Accounts, year ended 31 December 2024
|**3 **|**Resources expended**
Charitable Activities
Funding Contribution
Total
Designated activities
Trail Guides _(was Publications design/print.)_
Geopark Way
Fossil Boxes
Total
Other activities
Purchase of merchandise, etc
School Walks & Talks
Courses & Workshops
Professional fees
Total
Projects
Projects closed in year:
Gross Costs (Note 4)
Ongoing projects:
Gross Costs (Note 5)
Project scoping
Total
Support Costs
Fees & subscriptions
Finance & admin support
Website update/hosting cost/software
Insurances
Printing, stationery, postage
Meetings & travel
Sundry admin & overhead
Equipment expensed
Rent
Overhead recovery
Total
Total resources expended|**Unrestricted**
**& Designated**
**£**
0
**0**
475
2,257
1,260
**3,992**
315
56
0
0
371
4,200
4,200|**Unrestricted**
**& Designated**
**£**
0
**0**
475
2,257
1,260
**3,992**
315
56
0
0
371
4,200
4,200|**Restricted**
**£**
**0**
**0**
0
8
200
208
0|**Restricted**
**£**
**0**
**0**
0
8
200
208
0|**Total**
**2024**
**£**
0
**0**
475
2,257
1,260
**3,992**
315
56
0
0
371
8
200
4,200
4,408
273
15,857
789
1,317
361
162
120
528
3,403
-289
22,519|**Total**
**2024**
**£**
0
**0**
475
2,257
1,260
**3,992**
315
56
0
0
371
8
200
4,200
4,408
273
15,857
789
1,317
361
162
120
528
3,403
-289
22,519|**Total**
**2023**
**£**
**_DMP_**
**_note_**
307
_E1_
**307**
611
1,910
_F1_
543
_F2_
**3,064**
837
_G1_
0
0
0
837
50,406
_H1_
50
_H2_
503
_I1_
50,959
478
15,038
_J1_
903
1,167
1,158
_J2_
244
737
_J3_
630
4,394
_J4_
-6,623
_J5_
18,127
**73,293**|
|---|---|---|---|---|---|---|---|---|
|||273|||||||
|||15,857|||||||
|||789|||||||
|||1,317|||||||
|||361|||||||
|||162|||||||
|||120|||||||
|||528|||||||
|||3,403|||||||
|||-289|||||||
|||22,519||0|||||
||||||||||
|||**31,082**||**208**||**31,290**||**73,293**|
Page Page 13 of 17
Herefordshire & Worcestershire Earth Heritage Trust Notes to the Accounts, year ended 31 December 2024
## **4 Analysis of Project Balances taken to General funds**
|**Analysis of Project Balances taken to General funds**|**neral funds**|**neral funds**||||||
|---|---|---|---|---|---|---|---|
|(note 1.2c)
Opening
Balance
Rmht3 Malvern Hills Trust 2023/24
0
Malvern Hills Natural Landscape Winter 2023/24
-50
Total
-50
**Analysis of Project Balances held in restricted funds**
(note 1.2c)
Opening
Balance
Pgra Grant Proposal Work
-503
Rgla Glacial Erratics in Birmingham
0
Rmht1 Malvern Hills Trust 2021/22
360
Rsi24 SSSI Condition Monitoring 2024
0
Total
-143|Opening
Balance||Gross
Project
Funding
£||Gross
Project costs
£||Balances to
general
funds
£|
|||||||||
||0||775||0||775|
||4
-50||2,940||8||2,882|
|||||||||
||-50||3,715||8||3,657|
||||||||Balances at
2024
£|
||||0||||-4,702|
||||0||||0|
||||||||360|
||||||||-200|
||||0||||-4,542|
## **5 Analysis of Project Balances held in restricted funds**
Income balances in excess of costs are usually monies received in advance of planned costs and are carried forward to meet future liabilities on the project.
Expenditure is committed to projects ahead of income receipts only where funding has been approved. In these circumstances, the company may use its own cash reserves to finance timely commencement of such projects.
Page Page 14 of 17
Herefordshire & Worcestershire Earth Heritage Trust Notes to the Accounts, year ended 31 December 2024
## **6 Details of certain items of expenditure**
6 Trustee expenses
|Amount paid
6 Fees for examination of the accounts
Amount paid|2024
£
0
2024
£
0|2023
£|
|---|---|---|
|||0|
|||2023
£|
||0|0|
## **7 Transfers between funds**
|Transfer from / to restricted funds:
Surplus on closed projects (see note 4)
Transfer to / from general funds
Surplus on closed projects (see note 4)|General
Funds
£||Designate
d
Funds||Restricted
Funds
£|
|---|---|---|---|---|---|
|||||||
||||||3,657|
|||||||
|||||||
|||||||
||-3,657|||||
|||||||
|||||||
||**-3,657**||**0**||**3,657**|
## **8 Paid Employees**
8 Staff costs
|||||
|---|---|---|---|
|Staff costs
Gross wages, salaries and benefits in kind
Employer's National Insurance costs
Pension costs
Total staff costs|2024
2023
**_£_**
**_£_**
0
0
0
0
0
0|||
||0||0|
||0||0|
||0||0|
||**0**||**0**|
||2024
2023|||
8 Average number of full-time equivalent employees in the year
|The parts of the charity in which the
Fundraising
employees work
Charitable
Governance
Other
Total|**Number**
**Number**
0
0
0
0
0
0
0
0|**Number**
**Number**
0
0
0
0
0
0
0
0|**Number**
**Number**
0
0
0
0
0
0
0
0|
|---|---|---|---|
||0||0|
||0||0|
||0||0|
||0||0|
||**0**||**0**|
Page Page 15 of 17
Herefordshire & Worcestershire Earth Heritage Trust Notes to the Accounts, year ended 31 December 2024
## **9 Analysis of Net assets between funds**
||Restricted Funds|Restricted Funds||Designa-||General||Total|
|---|---|---|---|---|---|---|---|---|
||Projects|Other||ted Funds||Funds||Funds|
||-755|0||6,920||32,856||39,021|
||0|0||217||140||357|
||-130|0||0||-1,022||-1,152|
||**-885**|**0**||**7,137**||**31,974**||**38,226**|
||||||||||
||Restricted Funds|||Designa-||General||Total|
||Projects|Other||ted Funds||Funds||Funds|
||||||||||
||-192|||4,351||39,107||43,266|
||||||||||
||||||||||
||||||||||
||||||||||
||||||||||
||||||||||
||||||||||
||3,507|||||||3,507|
|||||-4,200||||-4,200|
||||||||||
||||||||||
|||||-1,444||||-1,444|
|||||52||||52|
|||||4,179||||4,179|
|||||||-7,133||-7,133|
||**3,314**|**0**||**2,938**||**31,974**||**38,226**|
||||||||||
Bank and cash balances Other current assets Current liabilities
**Net assets at 31 December 2024**
## **10 Movement in Funds**
## **Opening Balances**
## **Net movement in year**
## **Restricted funds**
Project balances (note 5) Grant Proposal Work
## **Unrestricted funds**
Designated Geopark Way funds Designated Trail Guide funds Designated Fossil Box funds General funds
## **Total carried forward at 31 December 2024**
_**Restricted funds**_ comprise the current balance of monies received and paid on ongoing projects being carried out. _**Designated funds**_ comprise accumulated balances in relation to the Geopark Way Guide, Trail Guides and the Fossil Box project.
## **11 Members' Liability**
The liability of each member is limited to a contribution not exceeding £10 in the event of the company being wound up while he or she is a member of, or within one year of being a member of, the company towards debts and liabilities of the company incurred before he/she ceases to be a member.
Page Page 16 of 17
## Independent Examiner’s Report to the Trustees of Herefordshire & Worcestershire Earth Heritage Trust
A report on the accounts of the company for the year ended 31[st] December 2024 which are set out in the Trustees Annual report
## Respective responsibilities of trustees and examiners
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act), and that an independent examination is needed. I am qualified to undertake the examination by being a qualified Fellow of the Institute of Chartered Accountants in England and Wales.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
- examine the accounts under section 145 of the 2011 Act
- follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act
- to state whether particular matters have come to my attention
## Basis of independent examiner’s report
My examination was carried out in accordance with the general Directions given by the Charity Commission.
An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters.
The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement below.
## Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
1. Which gives me reasonable cause to believe that, in any material respect, the requirement:
- to keep accounting records in accordance with section 386 of the Companies Act 2006; and
- to prepare accounts which accord with the accounting records, comply with the accounting software, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities (revised 2005) have not been met or
2. to which, in my opinion, attention should be drawn in order to enable a propose understanding of the accounts to be reached
Mr Graeme Walker FCA
41 Southbank Road
Hereford
Herefordshire
HR1 2TL
Signed by: ……
> Date: ……… **29 May 2025**
Page Page 17 of 17