##
|||||Pacaee|
|---|---|---|---|---|
|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 name|Charity name|Farming
and Wildlife Advisory|Farming
and Wildlife Advisory|Farming
and Wildlife Advisory|Farming
and Wildlife Advisory|Group South West Limited|
|---|---|---|---|---|---|---|
|Other names||FWAG SW|||||
|Charity number||1146071|||||
|Company|number|07865031|||||
|Trustees and Directors||A Daros|||||
|||C Fowle|||||
|||A Hosford||(Chair)|||
|||M Pope|||||
|||M Morris|||||
|||SWalker||(appointed|19Oct 2021)||
|Chief Executive Officer||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|||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Total restricted
fu|nds at31"|M|arch 2022 amounted
to f427,561 (202|arch 2022 amounted
to f427,561 (202|arch 2022 amounted
to f427,561 (202|arch 2022 amounted
to f427,561 (202|0|/21: 2195|,|271).|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Table 1:Income,|expenditure||and retained
income 2011 to 2022||||||||||||||
|Year-end 31stMarch|2013
E||2014
E|I|2015
'
E;|2016
'
2017
E,
E||2018|j|2019||2020|2021
E||2022
E||
|,
'Income|1,122,574,||883,675||951,848
''|977,006
j 1,091,694||1,383,570|j|1,531,096||1,929,046|2,918,030|'|3,859,059||
|Expenditure|751257||888263||955957
j|1079836, 1067284||1,276,299',||1,584,517|'|1,935,357|2,584,305|',|3,650,006||
|',Retained income,|371,317||(4,588)|j~|(4109)',|(102830);
24410|!|107,271|j|(53421)(||(6311)j|333,725||209,053,||
|l Restri cted funds|97,475||47,042||3,434
)|(54,292)
'
55,088|,'37,002,,|||(47,717);||(17,031)|74,270||232,290|'|
|Unrestricted funds,|'
273,842||(51630),||(7543)
i|(48538):
(30678)||70269|'|(5704)||10720|259,455||(23,237)||
|Retained
income|371 317|,
''|(4588)|i|(4109)j|(102,830) i
24410||107271|~|(53,421)|j|(6,311),|333725;||209,053||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||TOTAL|TOTAL|
|---|---|---|---|---|---|---|
|||Notes|Unrestricted|Restricted|2022|2021|
||||Funds|Funds|Funds|Funds|
||||f||E|E|
|Income from:|||||||
|Donations
and legacies|||121,497|6,361|127,858|142,652|
|Trading activites: event income|||7,488||7,488|11,022|
|Investment
income: bank|interest||19||19|41|
|Other income||||||580|
||||129,004|6,361|135,365|154,295|
|Charitable
activities||4|2,680,221|1,043,473|3,723,694|2,763,735|
|Total income|||2,809,225|1,049,834|3,859,059|2,918,030|
|Expenditure
on:|||||||
|Raising funds|||2,610|13,374|15,984|4,224|
|Charitable
activities||5|2,843,242|790,780|3,634,022|2,580,081|
|Total expenditure|||2,845,852|804,154|3,650,006|2,584,305|
|Net income/(expenditure)|before transfers||36,627|245,680|209,053|333,725|
|Transfer between
funds||12|13,390|(13,390)|||
|Net movement
in funds|||(23,237)|232,290|209,053|333,725|
|Reconciliation
offunds:|||||||
|Total funds
brought
forward||12|470,193|195,271|665,464|331,739|
|Total funds
carried forward||12|446,956|427,561|874,517|665,464|
##
||||||TOTAL|TOTAL|
|---|---|---|---|---|---|---|
|||Notes|Unrestricted|Restricted|2021|2020|
||||Funds|Funds|Funds|Funds|
||||F||E|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|
|Tote I 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|
##
||||||Notes|2022|2021|
|---|---|---|---|---|---|---|---|
|Fixed Assets||||||||
|Tangible Assets||||||17,267|11,468|
|Current Assets||||||||
|Debtors||||||1,553,642|930,413|
|Cash at bank and|in|hand||||370,865|503,594|
|||||||1,924,507|1,434,007|
|Creditors falling|due within|||one year|10|~1,626.552|~734.641|
|Net Current Assets||||||897,955|699,366|
|Creditors falling|after more|||than one year|10|(40,705)|(45,370)|
|Total Net Assets|||||13|874,517|665,464|
|Funds ofthe charity||||||||
|Restricted
Funds|||||12|427,561|195,271|
|Unrestricted
Designated|||Funds||12|17,267|11,468|
|Unrestricted
General||Funds|||12|429,689|458,725|
|Total Charity Funds|||||13|874,517|665,464|
##
||||||2022|2021|
|---|---|---|---|---|---|---|
|||||Notes||E|
|Net cash|provided
by I (used in) operating||activities|16|(113,611)|371,177|
|Cash flows from investing
activities|||||||
|Interest income|||||19|41|
|Purchases|oftangible
and intangible
fixed|assets|||(19,137)|(14,425)|
|Proceeds|from sale offixed assets|||||487|
|Net cash|provided
by I (used in) investing||activities||(19,118)|(13,897)|
|Cash flows from financing
activities|||||||
|Cash infiows/(outfiows)
from new borrowing||||10||50,000|
|Change
in|cash and cash equivalents
in the year||||132,729|407,280|
|Cash and|cash equivalent
at the beginning|ofthe year||17|503,594|96,314|
|Total cash|and cash equivalent
at the end|ofthe year||17|370,865|503,594|
##
##
##
|1.6|Debtors||||||
|---|---|---|---|---|---|---|
||Trade debtors are recognised
at the settlement
amount|due after any trade discount offered.|||||
||Accrued
income
is recognised
at the settlement
amount|due. Other debtors comprise
prepayments,|||which||
||are valued at the amount ofexpense
relevant to future|periods
and other debtors,
which are recognised||||at|
||the settlement
amount due.||||||
|1.7|Cash at bank and in hand||||||
||Cash at bank and
in hand
comprise
cash on hand
and
call deposits,
and other short-term|||highly|liquid||
||investments
that are readily convertible
to a known amount ofcash and are subject to an insignificant||||risk|of|
||change
in value.||||||
|1.8|Creditors||||||
||Creditors
and provisions
are recognised
where the charity has a present
obligation
resulting|||from|a past||
||event that
will probably
result
in the transfer
of funds|to a third
party
and the amount
due||to settle the|||
||obligation
can be measured
orestimated
reliably. Creditors and provisions
are||recognised
at their settlement||||
||amount.||||||
|1.9|Taxation||||||
||The company
is a registered
charity applying
all income|and gains to charitable|purposes
and|is therefore|||
||not liable to corporation
tax.||||||
|1.10|Pension contributions||||||
||The charity
operates
a defined
contribution
pension|scheme.
The scheme|and
its assets|are held||by|
||independent
managers.
Contributions
are recognised
in|the Statement of Financial Activities
in the period||||in|
||which they become payable
in accordance
with the rules ofthe scheme.||||||
||Fund accounting||||||
||General
funds are unrestricted
funds receivable
or generated
for the objects||of the charity
without||further||
||specified purpose
and are available as general funds.||||||
||Designated
funds are unrestricted
funds
earmarked
by the trustees
for particular
purposes.|||The trustees|||
||have designated
certain unrestricted
funds, representing|the net book value ofthe unrestricted||fixed|assets||
||used to enable FWAGSW to fulfil its charitable
activities.||||||
||Restricted
funds are to be used for specific purposes
as laid down
by the donor. Expenditure|||which|meets||
||this criterion
is charge to the fund, together
with a fair allocation of management||and support costs.||||
|1.12|Leasing and hire purchase
commitments||||||
||Assets obtained
under
hire purchase
contracts
and finance leases are capitalised
as tangible assets and||||||
||depreciated
over the shorter ofthe lease term and their|useful lives. Obligations|under such agreements
are||||
||included
in creditors net ofthe finance charge allocated|to future periods. The|finance element|ofthe|rental||
||payment
is charged
to the Statement
of Financial
Activities so as to produce
a constant
periodic||||rate|of|
||charge on the net obligation
outstanding
in each period.|Rentals payable under|operating leases are charged||||
||to the Statement of Financial Activities as incurred
over|the term ofthe lease.|||||
|1.13|VAT||||||
||The charity has a partial
exemption
from VAT. Irrecoverable
VAT is included||in the costs ofthose items|||to|
||which
it relates.||||||
##
##
##
##
||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|
||||||||E||
|Operating|lease rentals||||||26,956|23,240|
|Depreciation||and amortisation||ofowned tangible 8 intangible||fixed assets|13,338|11,662|
|Loss/(profit)||on disposal|oflixed assets|||||1,101|
|Auditor's|remuneration||- audit|fees|||5,250|4,050|
||||—other|services and irrecoverable|VAT||2,075|1,782|
##
##
||||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
||||||2022|2022|2022|
||||||E||E|
|Donations|and gifts||||23,721|200|23,921|
|Kingtisher|scheme|||||6,161|6,161|
|Membership
subscriptions|||||97,519||97,519|
|Thames Water Community|||Relief Fund|||||
|Exceptional|government|funding:||||||
|Coronavirus|Job Retention||Scheme||257||257|
|Local Council
Discretionary|||Coronavirus|Grants||||
||||||121,497|6,361|127,858|
||||||Unrestricted|Restricted|Total|
||||||2021|2021|2021|
||||||||E|
|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|
##
##
##
|4
Income|from cha|ritab|le
activities||||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|
|||||2022|2022|2022|
||||||f|F|
|Core work||||235,180||235,180|
|Project work||||2,445,041|1,043,473|3,488,514|
|Total income|from charitable||activities|2,680,221|1,043,473|3,723,694|
|Project work consists||of:||Unrestricted|Restricted|Total|
|||||2022|2022|2022|
||||||F||
|Government|grants|||1,119,274|880,485|1,999,759|
|Other grants||||91,305|157,948|249,253|
|Government|contracts|||831,918||831,918|
|Other contracts||||349,921|5,040|354,961|
|Farm Plastic|Recycling|||52,623||52,623|
|||||2,445,041|1,043,473|3,488,514|
|Income from charitable||activities —2021|||||
|||||Unrestricted|Restricted|Total|
|||||2021|2021|2021|
|||||||'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|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|
##
##
||Unrestricted|Restricted|2022|
|---|---|---|---|
|Salary costs|1,303,962|224,215|1,528,177|
|Subcontractor costs|39,072|200|39,272|
|Project and core direct costs|1,231,426|550,557|1,781,983|
|Travel and subsistence|47,896|I2,283|60,179|
|Oflice costs|127,882|13|127,895|
|Admin costs|95,572|945|96,517|
|Admin services|(2,567)|2,567||
||2,843,242|790,780|3,634,022|
|||Unrestricted|Restricted|2021|
|---|---|---|---|---|
|||||F|
|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|
##
##
|Wag|es and salaries|||
|---|---|---|---|
|||2022|2021|
|Salaries|and wages|1,373,051|1,094,857|
|Social Security costs||101,528|83,070|
|Pension|costs|53,598|41,651|
|||1,528,177|1,219,578|
||2022||2021||
|---|---|---|---|---|
||FTE|Total|FTE|Total|
|Project work|40|48|33|40|
|Administration|5|8|5|7|
||45|56|38|47|
##
##
|||Furniture||||
|---|---|---|---|---|---|
||||Computer|||
||||and other|||
|||and Cxtures|equipment||Total|
||||||E|
|Cost:||||||
|At 1 April|2021|3,099|54,898||57,997|
|Additions
Disposals||1,930|17,207
~3627,||19,137
~3,627|
|At 31 March 2022||5,029|68,478||73,507|
|Depreciation:||||||
|At 1 April|2021|2,161|44,368||46,529|
|Charged
Disposals|in the year|980|12,358
~3,627|13,338
~3.627||
|At 31 March 2022||3,141|53,099||56,240|
|Net book|value:|||||
|At 31 March 2022||1,888|15,379||17,267|
|At 31 March 2021||938.|10,530||11,468|
##
||2022|2021|
|---|---|---|
||F||
|Trade debtors|1,271,483|797,049|
|Accrued income|265,784|118,561|
|Other debtors|16,375|14,803|
||1,553,642|930,413|
##
##
|0
Creditors
reditors: amounts|falling due within one year|||
|---|---|---|---|
|||2022|2021|
||||E|
|Loans and borrowings||5,123|4,630|
|Trade creditors||598,607|343,358|
|Accruals||93,708|137,097|
|Taxation and social security||148,821|177,277|
|Deferred income||23,680|19,245|
|Other creditors||156,613|53,034|
|||1,026,552|734,641|
|reditors: amounts|falling due after more than one year|||
|||2022|2021|
||||F|
|Bank loans||45,828|50,000|
|Less: shown as due|within one year|(5,123)|(4,630)|
|||40,705|45,370|
|Split as:||||
|Due within
two to five years||21,818|22,222|
|Due after more than|5 years|18,887|23,148|
|||40,705|45,370|
##
##
|||2022|2021|
|---|---|---|---|
|Included|within
donations:|||
|Membership
subscriptions||23,680|19,245|
|Deferred|income as at 31 March 2022|23,680|19,245|
|Deferred|income as at 31 March 2021|19,245|18,075|
|Released|in year|(19,245)|(18,075)|
|Deferred|in year|23,680|19,245|
|Deferred|income as at 31 March 2022|23,680|19,245|
##
##
##
|||||1 April|||Transfer|Transfer|31 March|
|---|---|---|---|---|---|---|---|---|---|
|||||2020|Income|Expenditure|between|funds|2021|
|||||||||F||
|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||
|Mooriinch
Moors Association|||||900||||900|
|Network
Rail Enhancement||Corridor||||(194)|||(194)|
|Our Parish - Wildlife &|Water|||1,500||||(1,500)||
|Quantocks
& 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)|||
|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||||506||(250)|||256|
|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|
||||||||||Page 30|
##
##
|As at 31 March 2022|Unrestricted|Restricted|Total|
|---|---|---|---|
||E|||
|Fixed assets|17,267||17,267|
|Current assets|1,377,422|547,085|1,924,507|
|Creditors
due within one year|(907,028)|(119,524)|(1,026,552)|
|Creditors
due after more than one year|(40,705)||(40,705)|
||446,956|427,561|874,517|
|As at 31 March 2021|Unrestricted|Restricted|Total|
|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|
##
##
##
|Payments
falling due:|2022|2021|
|---|---|---|
|Within one year|30,898|20,005|
|Between two and five years|78,600|64,280|
|In more than
five years||3,462|
||109,498|87,747|
|OTHER ASSETS|||
|Payments
falling due:|2022|2021|
|Within one year|3,895|3,974|
|Between two and five years|5,842|9,590|
|In more than five years|||
||9,737|13,564|
##
##
||||||2022|2021|
|---|---|---|---|---|---|---|
||||||f|f|
|Net movement
in funds||||209,053||333,725|
|Add back: Depreciation||charge||13,338||11,662|
|Loss/(profit)
on disposal||offixed assets||||1,101|
|Deduct: Deposit interest|||||(19)|(41)|
|(Increase)|in debtors|||(623,229)||(192,337)|
|Increase|in creditors|||287,246||217,067|
|Net cash|provided
by / (used in) operating||activities|~113,611||371,177|
|Net|debt reconciliation||||||
|||||Start ofyear|Cashflows|At year end|
|||||f|f|f|
|Cash at bank and
in hand||||503,594|(132,729)|370,865|
|Bank loan|falling due within
1 year|||(4,630)|(493)|(5,123)|
|Bank loan|falling due in less than 5years|||(22,222)|404|(21,818)|
|Bank loan|falling due after 5years|||(23,148)|4,261|(18,887)|
|||||453,594|128,557|325,037|
##