2021-03-31-accounts

				Pacae
Reference	and Administrative		Details
Trustees' Annual Report				2-11
Independent	Auditors'	Report		12-15
Statement	of Financial	Activities 2020/21		16
Statement	of Financial	Activities 2019/20		17
Balance Sheet				18
Statement	ofCash Flows			19
Notes to the Financial		Statements		20-33

Charity na	me	Farming and Wildlife Advisory				Group South West Limited
Other names		FWAG SW
Charity number		1146071
Company	number	07865031
Trustees and Directors		RJackson
		R Appleton S Bird		(resigned (resigned	21 21	October 2020) October 2020)
		A Daros
		C Fowle
		A Hosford		(Chair)
		M Pope
		M Morris		(appointed	21 October 2020)
General Manager		G Rumbold
Registered	Office	Hawkridge	House
		Summerfield	Way
		Chelston Business Park
		Wellington
		Somerset
		TA21 9JE
Auditors		Albert Goodman		LLP
		Goodwood	House
		Blackbrook	Park	Avenue
		Taunton
		Somerset
		TA1 2PX
Bankers		Natwest Bank PLC
		26 - 27 Fore Street
		Taunton
		Somerset
		TA1 1JQ

Despite significant coronavirus	restrictions	curtailing some of our activities, the year end accounts show a	curtailing some of our activities, the year end accounts show a	curtailing some of our activities, the year end accounts show a	notable
swing from a small deficit in 2019/20 to a significant surplus in 2020/21. It has been an exceptionally successful year
for the charity, however a single	year's results should not be viewed in isolation. To comply with			the requirements of
charitable accounting, in certain	situations	such as restricted funds, income must be recorded in		the year in	which it
is received, despite the delivery	under that	project occurring in future periods. For this reason, it		is beneficial	to view
income and expenditure over the past 9 years, generating the charity's current reserves of F665,464 (2019/20: f331,739)and the split ofeach period's retained income between restricted and unrestricted funds (Table 1).
Significant restricted funding has been received in 2020/21, as can be seen in note 12on page funds at31"March 2021 amounted tof195,271 (2019/20:f121,001).				28. Total restricted
Table 1:Income, expenditure and retained		income 2011 to 2021
Year-end 31stMarch: 2013,	2014	2015 , 2016 2017 2018 2019		2020	2021
		f E E E	~	f
Income 1,122,574	883,675	951,848 977,006 1,091,694 1,383,570 1,531,096	'	1,929,046	2,918,030
Expenditure 751,257	888,263	955,957 1,079,836 1,067,284 1,276,299 1,584,517		1,935,357	2,584,305
Retained income 371,317	(4,588)	(4,109) (102,830) 24,410 107,271 (53,421)		(6,311),	333,725,
Restricted funds 97,475	47,042	3,434 (54,292) 55,088 37,002 (47,717)		(17,031)	74,270, '
Unrestricted funds 273,842	(51,630)	(7,543) (48,538) (30,678) 70,269 (5,704)'		10,720	259,455
Retained income 371,317	(4,588)	(4,109) (102,830) 24,410 107,271 (53,421)		(6,311)	333,725

					TOTAL	TOTAL
		Notes	Unrestricted	Restricted	2021	2020
			Funds	Funds	Funds	Funds
						E
Income from:
Donations and legacies			121,108	21,544	142,652	110,705
Trading activites: event income			11,022		11,022	23,619
Investment income: bank	interest		41		41	287
Other income			580		580	2,231
			132,751	21,544	154,295	136,842
Charitable activities		4	2,083,115	680,620	2,763,735	1,792,204
Total income			2,215,866	702,164	2,918,030	1,929,046
Expenditure on:
Raising funds				4,224	4,224	39,804
Charitable activities		5	2,063,996	516,085	2,580,081	1,895,553
Total expenditure			2,063,996	520,309	2,584,305	1,935,357
Net income/(expenditure)	before transfers		151,870	181,855	333,725	(6,311)
Transfer between funds		12	107,585	(107,585)
Net movement in funds			259,455	74,270	333,725	(6,311)
Reconciliation offunds:
Total funds brought forward		12	210,738	121,001	331,739	338,050
Total funds carried forward		12	470,193	195,271	665,464	331,739

					TOTAL
		Notes	Unrestricted	Restricted	2020
			Funds	Funds	Funds
			F
Income from:
Donations and legacies			88,094	22,611	110,705
Trading activites: event income			23,619		23,619
Investment income: bank	interest		287		287
Other income			2,231		2,231
			114,231	22,611	136,842
Charitable activities		4	1,629,461	162,743	1,792,204
Total income			1,743,692	185,354	1,929,046
Expendi ture on:
Raising funds			18,587	21,217	39,804
Charitable activities		5	1,719,745	175,808	1,895,553
Total expenditure			1,738,332	197,025	1,935,357
Net (expenditure)/income	before transfers		5,360	(11,671)	(6,311)
Transfer between funds		12	5,360	(5,360)
Net movement in funds			10,720	(17,031)	(6,311)
Reconciliation offunds:
Total funds brought forward		12	200,018	138,032	338,050
Total funds carried forward		12	210,738	121,001	331,739

				Notes	2021	2020
					E	E
Fixed Assets
Tangible Assets					11,468	10,293
Current Assets
Debtors					930,413	738,076
Cash at bank and	in hand				503,594	96,314
					1,434,007	834,390
Creditors falling	due within		one year	10	(734,641)	(512,944)
Net Current Assets					699,366	321,446
Creditors falling	after more		than one year	10	(45,370)
Total Net Assets				13	665.464	331,739
Funds ofthe charity
Restricted Funds				12	195,271	121,001
Unrestricted Designated		Funds		12	11,468	10,293
Unrestricted General Funds				12	458,725	200,445
Total Charity Funds				13	665,464	331,739

					2021	2020
				Notes
Net cash	provided by I (used in) operating		activities	16	371,177	(66,435)
Cash flows from investing activities
Interest income					41	287
Purchases	oftangible and intangible fixed	assets			(14,425)	(10,175)
Proceeds	from sale offixed assets				487
Net cash	provided by I (used in) investing		activities		(13,897)	(9,888)
Cash flows from financing activities
Cash inflows from new borrowing				10	50,000
Change in	cash and cash equivalents in the year				407,280	(76,323)
Cash and	cash equivalent at the beginning	ofthe year		17	96,314	172,637
Total cash	and cash equivalent at the end	ofthe year		17	503,594	96,314

									2021	2020
									F	E
Operating	lease rentals								23,240	20,350
Depreciation		and amortisation		of owned	tangible	8 intangible		tixed assets	11,662	14,398
Loss/(profit)		on disposal	offixed assets						1,101	1,359
Auditor's	remuneration		- audit	fees					4,050	3,950
			—other	services	and irrecoverable		VAT		1,782	119

						Unrestricted	Restricted	Total
						2021	2021	2021
							F	F
Donations		and gifts				5,551	250	5,801
Kingfisher scheme							1,294	1,294
Membership		subscriptions				85,884		85,884
Thames Water Community				Relief Fund			20,000	20,000
Exceptional		government	funding:
Coronavirus		Job Retention		Scheme		16,573		16,573
Local Council Discretionary				Coronavirus	Grants	13,100		13,100
						121,108	21,544	142,652
						Unrestricted	Restricted	Total
						2020	2020	2020
								E
Donations	and gifts					7,394	215	7,609
Kingfisher scheme							22,396	22,396
Membership		subscriptions				80,700		80,700
						88,094	22,611	110,705

4 Income	from cha	ritabl	e ac	tivities
					Unrestricted	Restricted	Total
					2021	2021	2021
					E		E
Core work					179,618		179,618
Project work					1,903,497	680,620	2,584,117
Total income	from charitable		activities		2,083,115	680,620	2,763,735
Project work consists		of:			Unrestricted	Restricted	Total
					2021	2021	2021
						E
Government	grants				776,301	428,188	1,204,489
Other grants					27,638	233,032	260,670
Government	contracts				757,296	14,400	771,696
Other contracts					297,292	5,000	302,292
Farm Plastic	Recycling				44,970		44,970
					1,903,497	680,620	2,584,117
Income from charitable		activities		-2020
					Unrestricted	Restricted	Total
					2020	2020	2020
							E
Core work					128,655		128,655
Project work					1,500,806	162,743	1,663,549
Total income	from charitable		activities		1,629,461	162,743	1,792,204
Project work consists		of:			Unrestricted	Restricted	Total
					2020	2020	2020
							E
Government	grants				778,313	99,852	878,165
Other grants					83,815	62,891	146,706
Government	contracts				412,534		412,534
Other contracts					168,151		168,151
Farm Plastic	Recycling				57,993		57,993
					1,500,806	162,743	1,663,549

		Unrestricted	Restricted	2021
				E
Salary costs		1,067,540	152,038	1,219,578
Subcontractor	costs	53,251	1,790	55,041
Project and core direct costs		782,726	322,441	1,105,167
Travel and subsistence		27,156	4,378	31,534
Oflice costs		90,111	20,000	110,111
Admin costs		57,210	1,440	58,650
Admin services		(13,998)	13,998
		2,063,996	516,085	2,580,081
		Unrestricted	Restricted	2020
				F
Salary costs		967,789	99,889	1,067,678
Subcontractor	costs	42,991	12,966	55,957
Project and core direct costs		475,891	43,173	519,064
Travel and subsistence		76,841	10„836	87,677
Office costs		116,406	746	117,152
Admin costs		48,025		48,025
Admin services		(8,198)	8,198
		1,719,745	175,808	1,895,553

Wag	es and salaries
		2021	2020
			F
Salaries	and wages	1,027,467	899,951
Social Security costs		83,070	74,486
Pension	costs	109,041	93,241
		1,219,578	1,067,678

	2021		2020
	FTE	Total	FTE	Total
Project work	33	40	28	35
Administration	5	7	4	6
	38	47	32	41

		Furniture
			Computer
			and other
		and fixtures	equipment	Total
				F
Cost:
At 1 April	2020	3,344	47,232	50,576
Additions		869	13,556	14,425
Reclassification
Disposals		(1,114)	(5,890)	(7,004)
At 31 March 2021		3,099	54,898	57,997
Depreciation:
At 1 April	2020	2,529	37,754	40,283
Charged	in the year	708	10,954	11,662
Reclassification
Disposals		(1,076)	(4,340)	(5,416)
At 31 March 2021		2,161	44,368	46,529
Net book	value:
At 31 March 2021		938	10,530	11,468
At 31 March 2020		815	9,478	10,293

	2021	2020
Trade debtors	79?,049	581,119
Accrued income	118,561	140,896
Other debtors	14,803	16,061
	930,413	738,076

Creditors:	amounts	falling due within one year
			2021	2020
			E	F
Loans and borrowings			4,630
Trade creditors			343,358	255,420
Accruals			137,097	91,992
Taxation	and social security		177,277	113,688
Deferred	income		19,245	18,075
Other creditors			53,034	33,769
			734,641	512,944
Creditors:	amounts	falling due after more than one year
			2021	2020
			E	E
Bank loans			50,000
Less: shown as due		within one year	(4,630)
			45,370
Split as:
Due within two to five years			22,222
Due after	more than	5 years	23,148
			45,370

riod to w	hich they relate. Deferred income comprises of	:
		2021	2020
		E
Included	within donations:
Membership subscriptions		19,245	18,075
Deferred	income as at 31 March 2021	19,245	18,075
Deferred	income as at 31 March 2020	18,075	23,277
Released	in year	(18,075)	(23,277)
Deferred	in year	19,245	18,075
Deferred	income as at 31 March 2021	19,245	18,075

				1 April			Transfer	Transfer	31 March
				2020	Income	Expenditure	between	funds	2021
					P
Restricted funds
Axe & Otter CSF					9,500	(855)		(8,645)
Bledington &Westcote	Brook		WILD		29,924	(24,853)		(5,021)	50
Brue Priority Catchment	Project				12,165	(5,058)		(5,831)	1,276
Carrant Overbury Collaboration				9,975		(2,198)			7,777
Coastal Levels Project					16,292	(16,292)
Compass Project					20,000	(18,661)			1,339
CPF Catchment Partnership					25,000	(25,000)
CPF Upper Thames					7,500	(891)		(6,609)
Devil's Brook WEIF Project		Ph2			13,729	(10,615)		(3,114)
Dorset Wild Rivers					8,510	(8,510)
Fairford & Healthy Coin	WILD			57,348		(57,348)
GREAT Project					170,000	(32,166)			137,834
Healthy WILD Windrush	Project			5,806	6,625	(10,186)			2,245
KAS - General Fund				6,883	1,000	(420)		4,044	11,507
KAS - Comwall				6,741		(1,381)		3,000	8,360
KAS - Devon				14,044	250	(83)	(13,044)		1,167
KAS - Somerset				5,696	25	(1,980)		3,000	6,741
KAS - Wiltshire				1,779	19	(360)		3,000	4,438
Ladden Brook NFM						(3,687)		3,687
Moorlinch Moors Association					900				900
Network Rail Enhancement		Corridor				(194)			(194)
Our Parish - Wildlife &	Water			1,500				(1,500)
Quantocks 8 Exmoor CS/ELM Advocacy					14,400	(5,035)		(9,365)
Saving Devon's Treescapes					9,500	(6,793)			2,707
Shelterbelts - Great Western			CF		7,318	(6,838)			480
Somerset Frome Multi-Benefit			WEIF		36,320	(17,965)	(18,068)		287
Somerset Frome (S.106)					49,947	(48,276)			1,671
Somerset Trees for Water (EA)					95,000	(57,980)	(37,020)
SRA Preston Brook
Thames Water Community		Relief Fund			20,000	(20,000)
Tree Council - Glos Hedge Restoration					32,987	(31,396)		(1,591)
Tree Council / NR Community			Tree Planting		17,497	(15,672)			1,825
Trees Seeding Trial						(250)
Upper Bristol Frome NFM						(1,800)		1,800
Upper Thames Hedges	&Trees				92,756	(86,927)		(5,829)
WILD 2 Capital				3,646				(3,646)
WILD 2 Cirencester				2,472				(2,472)
WILD 2 EA				4,605					4,605
Woodland Trust Shelterbelt		Funding			5,000	(639)		(4,361)
Restricted funds				121,001	702,164	(520,309)	(107,585)		195,271
Unrestricted funds
Designated funds				10,293		(13,250)	14,425		11,468
General funds				200,445	2,215,866	(2,050,746)	93,160		458,725
Total Funds				331,739	2,918,030	(2,584,305)			665,464

				1 April			Transfer	Transfer	31 March
				2019	Income	Expenditure	between	funds	2020
					E	E		E
Restricted funds
Carrant Restoration	project			(512)	3,826	(1,045)		(2,269)
Carrant Overbury Collaboration								9,975	9,975
CPF Catchment Partnership					25,000	(25,000)
CPF Upper Thames					7,500	117		(7,617)
CSF Collaborative Agreement					9,500	(323)		(9,177)
Devil's Brook Multi-benefits			Project P1		5,000	(5,000)
Dorset Wild Rivers					6,200	(6,200)
Ernest Cook Charitable		Trust				(12,000)	12,000
Fairford & Healthy Coin		WILD		44,214	41,666	(28,532)			57,348
Healthy WILD Windrush		Project			5,825	(19)			5,806
KAS —General Fund				5,000	2,350	(467)			6,883
KAS - Cornwall				5,861	4,704	(3,824)			6,741
KAS - Devon				10,754	7,500	(4,210)			14,044
KAS - Somerset				7,597	4,632	(6,533)			5,696
KAS - Wiltshire				4,537	3,425	(6,183)			1,779
Ladden Brook NFM					20,000	(20,000)
Our Parish - Wildlife	&	Water		1,500					1,500
Purbeck Ridge SDF						(22)		22
Rest Assured phase	2			4,670		(151)		(4,519)
RWCD Coin & Churn	Work		Party Days		20,000	(20,000)
Somerset Frome					4,000	(220)		(3,780)
SRA Preston Brook				632	4,371	(5,003)
Tesco Bags of Help						(5)
Trees Seeding Trial				506					506
Upper Bristol Frome	NFM				9,655	(9,655)
WILD 2 Capital				9,038		(5,392)			3,646
WILD 2 Cirencester				39,630	200	(37,358)			2,472
WILD 2 EA				4,605					4,605
				138,032	185,354	(197,025)		(5,360)	121,001
Unrestricted funds
Designated funds				15,875		(15,757)		10,175	10,293
General funds				184,143	1,743,692	(1,722,575)		(4,815)	200,445
Total Funds				338,050	1,929,046	(1,935,357)			331,739

Analysis of net assets between fund	Analysis of net assets between fund	s
As at 31 March 2021		Unrestricted	Restricted	Total
				E
Fixed assets		11,468		11,468
Current assets		1,139,971	294,036	1,434,007
Creditors due within	one year	(635,876)	(98,765)	(734,641)
Creditors due after	more than one year	(45,370)		(45,370)
		470,193	195,271	665,464
As at 31 March 2020		Unrestricted	Restricted	Total
Fixed assets		10,293		10,293
Current assets		690,937	143,453	834,390
Creditors due within	one year	(490,492)	(22,452)	(512,944)
		210,738	121,001	331,739

Payments falling due:	2021	2020
	E
Within one year	20,005	7,180
Between two and five years	64,280	5,175
In more than five years	3,462
	87,747	12,355
OTHER ASSETS
Payments falling due:	2021	2020
Within one year	3,974	3,974
Between two and five years	9,590	12,672
In more than five years
	13,564	16,646

						2021	2020
							E
Net movement in	funds					333,725	(6,311)
Add back: Depreciation		charge				11,662	14,398
Loss/(prost) on disposal		offixed assets				1,101	1,359
Deduct: Deposit interest						(41)	(287)
(Increase) in debtors						(192,337)	(367,469)
Increase in creditors						217,067	291,875
Net cash provided	by / (used			in) operating	activities	371,177	.(66.435)
17 Net debt reconciliation
						Start ofyear Cashtlows	At year end
Cash at bank and	in hand					96,314 407,280	503,594
Bank loan falling	due within		1	year		(4,630)	(4,630)
Bank loan falling	due in	less	than 5 years			(22,222)	(22,222)
Bank loan falling	due after 5		years			(23,148)	(23,148)
						96,314 357,280	453,594
18 Financial instruments
						2021	2020
						E
Financial assets that are debt				instruments	measured
at amortised cost						1,422,100	820,560
						1,422,100	820,560
Financial liabilities	measured			at amortised	cost	583,489	381,181
						583,489	381,181