ANNUAL REPORT 2021
Trustees Annual Report Year ending 31 Dec 2021 Registered Charity 1146387
SUMMARY INFORMATION
Reference and administrative information
Charity Name: The Species Recovery Trust Charity Number: 1146387
Address: 37 Albany Road, Salisbury, SP1 3YQ
Trustees: Jed Hamblin-Boone, Nicholas Berry, Fiona Jones-Perrott, Catherine Dyer (née Hadler).
Structure Governance and Management
In 2021
-
We delivered projects on 19 species
-
Successfully delivered both online and field training courses to help fund our species programs
-
Increased the team to aid delivery of more projects
Type of governing document: Charity Constitution, registered with the Charity Commission on the 1st March 2012. There shall be no fewer than three trustees. New trustees must be members of the charity and are elected by the members in general meeting. The trustees may also appoint any person who is willing to act as a trustee.
Trustees are recruited to give the trust a diverse skill base, and represent the fields of business, law, education and environment. They are invited to sit in on one meeting before deciding whether to put themselves forward for election.
Objectives and Goals
Matching our goals
Our stated aims are as follows:
‘To promote the conservation and protection of species on the edge of extinction in the UK for the public benefit and to advance the education of the public on issues concerning the conservation and protection of such species.’
The trustees have had regard to the guidance issued by the charity commission on public benefit.
The year in species
Following a disrupted year in 2020, the team were largely back in full swing by early 2021. Access to most of the sites became available and a full suite of monitoring became possible for staff and many volunteers.
As well as completion of extensive surveys, habitat management was our main focus this year given the difficulty in doing so during the pandemic.
For many species, our approach of longterm sustained conservation work is starting to pay off, with some significant increases at several sites.
Successful introductions of Kentish Milkwort were fulfilled, a species in dire need of some help given its severe decline and isolation to just three native sites.
Despite the decline in Marsh Clubmoss across the SE, strongholds at Thursley NNR and Woolmer Forest continue to thrive, and a bumper population has been particularly noted at Thursley. We continue to work towards establishing the root-cause to the marked decline in this area of the UK. Elsewhere in the SE, Deptford Pink populations continue to be doing well and in many circumstances are increasing.
Elsewhere on the SE heathlands, excitingly a robust breeding population of Heath Tiger Beetles has been found in Surrey, as well as rediscovery of a population after 10 years.
Heath Tiger Beetle
We have made some exciting discoveries this year for the Heath Tiger Beetle. We found over 10 beetles at Hankley Drop Zone, indicating a robust breeding population is existing there. A beetle on Stickledown in Surrey was rediscovered, the first time a beetle had been found there in over 10 years. We are hoping that more surveys can be undertaken next year to get a better sense of the population size. We also returned several times to Brentmoor in Surrey and found both a female and a male Heath Tiger Beetle. It had been thought that this reintroduction had failed, and so indication of a breeding population is a really positive sign.
Wart-biter Bush Cricket
This year, we carried out further habitat improvements at Lydden Temple Ewell for the Wart-biter Bush Cricket. This cricket is a sun-loving species with extremely specific habitat requirements which can be very difficult to provide without regular management. Over the last few years, scrub has encroached into the core area for the crickets and significant clearance work has been undertaken in 2020 and 2021 to help cut back and prevent further regrowth.
Tansy Beetle
Of the 500 Tansy beetle action leaflets produced, most of these were distributed to river users. Further training and advice was carried out, including work to repair 10 Tansy beetle enclosures. Also, five site visits were carried out with land managers to discuss improvements and an increase in the area of Tansy occurred. The 2020 survey report was produced which showed overall that beetle numbers had halved, mainly due to summer flooding. However, in areas where there had been improved management the beetle numbers had increased.
Tormentil Mining Bee
Surveys have been undertaken to better understand the ecology and distribution of this species in Yorkshire. Surveys this year indicated that Allerthorpe Common is a stronghold for the species. The species was recorded on the Cod Reservoir site but not at Jugger Howe, Strensall Common nor the Hole of Horcum. It is becoming clearer the two key limiting factors are tall Tormentil plants plus sandy cliffs to allow nesting. Discussions and advice to landowners is continuing to integrate the species needs into current management.
Spiked Rampion
A reintroduction of Spiked Rampion was completed at Wilderness Woods in Kent in 2019. Despite severe rabbit grazing in the first year, many of the plants within the fenced enclosure were found to be flowering in 2021.
All the sites were monitored in 2021, with many receiving habitat management, and populations appear to be doing well.
Starved Wood-sedge
The native site in Cheddar continues to flourish, and excitingly, 30 new plants were introduced into the same woodland in November 2021. Management of these areas will be undertaken early next year, and we’ll be closely monitoring them to see how they progress.
During summer 2021, the native population in Surrey was subject to path works in conjunction with an adjacent development. The population was fenced off, and all young plants to be potentially affected were removed and are being cared for by one of our officers. These will be replanted on site once they’ve established.
Kentish Milkwort
With Kentish Milkwort only recorded at 2 of the 3 extant sites this year, we were really excited to be able to complete an introduction at two new sites in Kent. Both spring and summer plantings were achieved and these appear to be doing well. We will monitor these populations over the next few years to see how they respond to the conditions.
Where suitable grazing hasn’t been possible, habitat management has been implemented this year at two sites. By keeping the sward low and creating disturbance, we hope to provide better germination conditions, and more plants next year!
Marsh Clubmoss
Monitoring visits continued in Hampshire and Surrey, with declines found across most sites. The two strongholds in Surrey however had a bumper year with a 3 fold increase in plants seen at Thursley. New management techniques have been implemented this year in an attempt to conserve the dwindling population in the SE.
There was great excitement in Autumn with the discovery of a brand new (although small) population in the Dorset heaths, giving hope that there may be others yet to find.
Deptford Pink
Monitoring visits have been conducted at Deptford Pink sites in the South of England this year. Management works have been
undertaken by Sevenoaks District Council & Watts Farm at one of the largest populations to open up woodland rides and arable margins. Excitingly, during this work the population was found to be more extensive than originally anticipated.
In the southwest, we have been working with partners to improve the management of key sites. In Buckfastleigh, Devon County Council kindly funded scrub clearance threatening to encroach one of the largest populations and thanks to collaboration between
Buckfastleigh Action for Nature Group and Vincent Wildlife Trust we have also begun a substantial clearance of a historic site. In Saltash the population is doing well following clearance work by Network Rail. Finally, in Portreath, good management practices have been established with Cormac preventing a neighbouring hedge from shading the site.
Field Gentian
The work of Field Gentian this year was split into population monitoring in the south of England and stakeholder engagement in the North.
Population trends appear to be highly variable year on year, and a fascinating picture is starting to emerge which we aim to analyse after 10 years. In the north a clear picture is emerging of the damaging effect of sheep grazing at many sites.
St Helena endemic invertebrates
This project is focused on controlling invasive
invertebrates on the island, including the Common wasp Vespula vulgaris and Big-headed ant Pheildole
megacephala , which are a direct threat to the islands invertebrate endemics. SRT is directly supporting the staff on the island to deliver the project.
This year has been mixed; there were plans to trial wasp control but the weather meant it was a poor year for wasps and so the numbers weren’t high enough for control. However, the project is carrying out trial controls on the Big-headed ant and there has already been some indication of success. We have also been involved in training of government and National Trust staff on invasive control, local outreach sessions, as well as revising the existing invertebrate conservation strategy.
- Photo Credits: St. Helena National Trust
Ascension Island endemic invertebrates:
This project started in July 2021 and will see surveys, red listing, & planning on the endemic invertebrates as well as control of invasive invertebrates - a key threat to the endemics. SRT is directly supporting the staff on the island to deliver the project.
Some preliminary bits of work have already been completed including recruiting and inducting a new project coordinator who will run the project on island. We will be supporting the government in buying and shipping a set of survey equipment from the UK that will allow a comprehensive survey of the invertebrates, particularly the endemics, on Ascension Island in 2022.
-
Photo Credits:
-
Ascension Landscape: Vicky Knight - Giant Pseudoscorpian: © Nicola Weber
Training
We hosted 50 training events, with 1828 attendees and brought in £67,364 in unrestricted funds (compared with £6720 in 2020)
Sales and media
As the pandemic continued our field guide sales continued to perform strongly, both through direct sales and other online outlets.
VOLUNTEERS
Our Facebook page has 2,772 (up from 2,332) followers and our most popular post reached 4,097 (1,524) people.
Our website had 15,756 sessions and 9,252 users (up from 7,841/5,137 in 2020).
FUNDRAISING
In total £42,955 was received as grants, (compared to £75,355 in 2020). We are hugely grateful to all these funders for supporting our work in 2021.
| £10,000.00 | HenocqLaw Trust | Unrestricted Donation |
|---|---|---|
| £8,000.00 | St Helena National Trust | St Helena Endemics |
| £5,350.00 | Swire Charitable Trust | Heath Tiger Beelteproject |
| £4,000.00 | Natural England | Archaeophytesproject 20-21 |
| £4,000.00 | Daniell Trust | Volunteer costs |
| £3,400.00 | Ascension Island Government | Ascension endemicsproject |
| £3,250.00 | Kent Wildlife Trust | Kentish Milkwort |
| £3,000.00 | Flimwell Park | Lobelia Project Contribution |
| £1,000.00 | Norman Family | Deptford Pink Southwest |
| £600.00 | CES Ltd | Corporate sponsorship |
| £205.08 | Wiltshire Wildlife Trust | Marker Posts for cow-wheatproject |
| £150.00 | Peak District NPA | Gentian Seed Propagation |
Summary Receipts and Payments accounts for the year ended 31 Dec 2021
Summary
| £ | £ | |
|---|---|---|
| Opening bank balance | 140,329 | |
| Receipts | 137,066 | |
| Payments | -116,960 | |
| Net income | 20,106 | |
| Closing bank balance | 160,435 |
Declaration
Reserves Policy
Our current reserves policy is to hold at least two years’ running costs in our account, which is currently £100,000.
Statement of Assets and Liabilities
At the year end the total of the charity’s assets, including cash at bank, was £191,908 (of which £40,478 were restricted fund assets) and the total of the charity’s liabilities was £2,153.
The trustees declare that they have approved the trustees’ report above Signed on behalf of the charity’s trustees
JED HAMBLIN-BOONE , Chair 25/3/22
The Species Recovery Trust is a charity set up to tackle the loss of some of the rarest species in the UK.
There are over nine hundred native species in the UK that are classed as under threat, with several hundreds more currently widespread but known to be in significant decline.
The countryside is now bereft of many species that were a familiar sight a mere generation ago.
A small number of these species are on the absolute brink of existence, poised to become extinct in our lifetimes; our goal is to stop them vanishing.
Our aim is to remove 50 species from the edge of extinction in the UK by the year 2050. In addition we are reconnecting people with wildlife and the natural world through training programmes and awareness raising.
the species ". . recovery trust he Spedes Recovery Trust 7 Albany Road alisbury P1 3YQ 1722 322539 nquiries@speciesrecoverytrust.org.uk .speciesrecoverytrust.org.uk egistered in England and Wales Charity 11438
THE SPECIES RECOVERY TRUST
(Charity Registration Number 1146387)
STATEMENT OF ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2021
CONTENTS
Page
1. Independent Examiner's Report 2. Receipts and Payments Account 3. Statement of Assets and Liabilities 4. Notes
FLETCHER & PARTNERS
CHARTERED ACCOUNTANTS
SALISBURY
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ The Species Recovery Trust members of On accounts for the year Charity 31 December 2021 1146387 ended no
Set out on pages 2-4
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2021.
Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent I have completed my examination. I confirm that no material matters have examiner’s statement come to my attention in connection with the examination which gives me cause to believe that, in any material respect:
-
accounting records were not kept in accordance with section 130 of the Act or
-
the accounts do not accord with the accounting records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed: Nicola A Halls Date: 25-Apr-22 Name: Mrs N A Halls FCA Relevant professional Chartered Accountant qualification(s) or body:
Address: Fletcher & Partners
1
1146387
The Species Recovery Trust
Receipts and payments accounts
For the period To from 01/01/2021 31/12/2021
Section A Receipts and payments
| A1 Receipts | Unrestricted funds to the nearest £ 1,176 12,934 10,600 67,364 - 1,440 25 11,038 134 104,711 - - - 104,711 27,377 8,950 553 587 551 7,708 1,491 3,083 50,300 2,429 2,429 52,729 51,982 - 3,050 92,361 141,293 |
Restricted funds to the nearest £ - - 32,355 - - - - - - 32,355 - - - 32,355 29,394 - 29,659 3,687 - 1,491 64,231 - - 64,231 - 31,876 3,050 47,968 19,142 |
Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Total funds to the nearest £ 1,176 12,934 42,955 67,364 - 1,440 25 11,038 134 137,066 - - - 137,066 56,771 8,950 30,212 4,274 551 7,708 2,982 3,083 114,531 2,429 - 2,429 116,960 20,106 |
Total funds to the nearest £ 1,176 12,934 42,955 67,364 - 1,440 25 11,038 134 137,066 - - - 137,066 56,771 8,950 30,212 4,274 551 7,708 2,982 3,083 114,531 2,429 - 2,429 116,960 20,106 |
Last year to the nearest £ |
|---|---|---|---|---|---|---|
| Donations | 1,176 | 2,430 | ||||
| Coronavirus Job Retention Schemegrants | 12,934 | 15,934 | ||||
| Grants | 10,600 | 75,355 | ||||
| Training | 67,364 | 6,722 | ||||
| Consultancy | - | 200 | ||||
| Supporter | 1,440 | 1,063 | ||||
| Investment income | 25 | 231 | ||||
| Books and other merchandise | 11,038 | 9,114 | ||||
| Other income | 134 | 183 | ||||
| Sub total(Gross income for AR) | 104,711 | 111,232 | ||||
| A2 Asset and investment sales, (see table). |
||||||
| - | - | |||||
| - | - | |||||
| Sub total | - | - | ||||
| Total receipts A3 Payments |
||||||
| 111,232 | ||||||
| Salaries andpension costs | 27,377 | 40,096 | ||||
| Training- subcontractor costs | 8,950 | 1,144 | ||||
| Project delivery- subcontractor costs | 553 | 25,188 | ||||
| Travel and subsistence | 587 | 4,741 | ||||
| Consumables | 551 | 1,703 | ||||
| Books -printing, postage etc. | 7,708 | 4,940 | ||||
| Insurance and Accountancy | 1,491 | 2,112 | ||||
| Various | 3,083 | 2,193 | ||||
| **Sub total ** | 50,300 | 82,117 | ||||
| A4 Asset and investment purchases, (see table) |
||||||
| Computer equipment and Website | 2,429 | - | ||||
| - | ||||||
| **Sub total ** | 2,429 | - | ||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
||||||
| 82,117 | ||||||
| 51,982 | - 31,876 | - | 20,106 | 29,115 | ||
| - 3,050 | 3,050 | - | - | - | ||
| 92,361 | 47,968 | - | 140,329 | 111,214 | ||
| 141,293 | 19,142 | - | 160,435 | 140,329 |
2
The Species Recovery Trust 1146387
| The Species Recovery Trust | The Species Recovery Trust | The Species Recovery Trust | 1146387 | 1146387 | 1146387 | |
|---|---|---|---|---|---|---|
| Statement of Assets and Liabilities For the period from To 01/01/2021 31/12/2021 |
||||||
| For the period from |
01/01/2021 | To | 31/12/2021 | |||
| Section B Statement of assets and liabilities at | the end of the period | |||||
| Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use |
Details Co-operative bank current account Co-operative bank reserve account Total cash funds Details Grants receivable Prepayments Stock Details Accruals (accountancy, pension, project delivery) Details Computer equipment Fixtures and fittings Other debts due to charity Details Website |
Unrestricted funds to nearest £ 41,279 100,014 141,293 Unrestricted funds - 450 147 1,841 . Fund to which asset belongs Fund to which asset belongs Unrestricted Unrestricted Unrestricted Fund to which liability relates Unrestricted |
Restricted funds to nearest £ 19,142 - 19,142 Restricted funds 21,336 - - - Cost (optional) Cost (optional) 4,424 260 3,015 Amount due (optional) 2,153 |
Endowment funds to nearest £ |
||
| - | ||||||
| - | ||||||
| - | ||||||
| Endowment funds |
||||||
| - | ||||||
| - | ||||||
| - | ||||||
| - | ||||||
| Current value (optional) |
||||||
| Current value (optional) |
||||||
| When due (optional) |
||||||
| Accruals (accountancy, pension, project delivery) |
Unrestricted | 2,153 | ||||
3
The Species Recovery Trust 1146387
Notes
| For the period from |
01/01/2021 | To | 31/12/2021 |
|---|---|---|---|
Section C Notes
There was £4,550 transferred from unrestricted funds to restricted funds during the year. This relates to money The Species Recovery Trust agreed with grantors to contribute to projects financed from restricted funds.
There was also a transfer of £1,500 from restricted funds to unrestricted funds relating to recharge for work of a subcontractor paid in previous year from unrestricted funds.
The net total of these transfers is £3,050 as stated in Section A Receipts and payments accounts (page 2).
Signed by one or two trustees on behalf of all the trustees
| Signature Nicholas Berry |
Print Name Nicholas Berry |
Date of approval |
|---|---|---|
| Nicholas Berry | Nicholas Berry | 26/03/2022 |
4
THE SPECIES RECOVERY TRUST
(Charity Registration Number 1146387)
STATEMENT OF ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2021
CONTENTS
Page
| 1. | Independent Examiner's Report |
|---|---|
| 2. | Receipts and Payments Account |
| 3. | Statement of Assets and Liabilities |
| 4. | Notes |
FLETCHER & PARTNERS
CHARTERED ACCOUNTANTS
SALISBURY
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ The Species Recovery Trust members of On accounts for the year Charity 31 December 2021 1146387 ended no Set out on pages 2-4
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2021.
Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
-
Independent examiner’s I have completed my examination. I confirm that no material matters have come to statement my attention in connection with the examination which gives me cause to believe that, in any material respect:
-
accounting records were not kept in accordance with section 130 of the Act or
-
the accounts do not accord with the accounting records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed: Date: Name: Mrs N A Halls FCA Relevant professional Chartered Accountant qualification(s) or body: Address: Fletcher & Partners
1
The Species Recovery Trust
1146387
Receipts and payments accounts
For the period To from 01/01/2021 31/12/2021
Section A Receipts and payments
| A1 Receipts | Unrestricted funds to the nearest £ |
Unrestricted funds to the nearest £ |
Restricted funds to the nearest £ |
Restricted funds to the nearest £ |
Endowment funds to the nearest £ |
Endowment funds to the nearest £ |
Total funds to the nearest £ |
Total funds to the nearest £ |
Last year to the nearest £ |
|---|---|---|---|---|---|---|---|---|---|
Donations |
1,176 | - | - | 1,176 | 2,430 | ||||
| Coronavirus Job Retention Schemegrants | 12,934 | - | - | 12,934 | 15,934 | ||||
| Grants | 10,600 | 32,355 | - | 42,955 | 75,355 | ||||
| Training | 67,364 | - | - | 67,364 | 6,722 | ||||
| Consultancy | - | - | - | - | 200 | ||||
| Supporter | 1,440 | - | - | 1,440 | 1,063 | ||||
| Investment income | 25 | - | - | 25 | 231 | ||||
| Books and other merchandise | 11,038 | - | - | 11,038 | 9,114 | ||||
| Other income | 134 | - | - | 134 | 183 | ||||
| Sub total(Gross income for AR) | 104,711 | 32,355 | - | 137,066 | 111,232 | ||||
| A2 Asset and investment sales, (see table). |
|||||||||
| - | - | ||||||||
| - | - | ||||||||
| Sub total | - | - | |||||||
| Total receipts A3 Payments |
|||||||||
| 111,232 | |||||||||
Salaries andpension costs |
27,377 | 29,394 | - | 56,771 | 40,096 | ||||
| Training- subcontractor costs | 8,950 | - | - | 8,950 | 1,144 | ||||
| Project delivery- subcontractor costs | 553 | 29,659 | - | 30,212 | 25,188 | ||||
| Travel and subsistence | 587 | 3,687 | - | 4,274 | 4,741 | ||||
| Consumables | 551 | - | 551 | 1,703 | |||||
| Books -printing, postage etc. | 7,708 | - | - | 7,708 | 4,940 | ||||
| Insurance and Accountancy | 1,491 | 1,491 | - | 2,982 | 2,112 | ||||
| Various | 3,083 | - | 3,083 | 2,193 | |||||
| **Sub total ** | 50,300 | 64,231 | - | 114,531 | 82,117 | ||||
| A4 Asset and investment purchases, (see table) |
|||||||||
| Computer equipment and Website | 2,429 | - | |||||||
| - | |||||||||
| **Sub total ** | 2,429 | - | |||||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
|||||||||
| 82,117 | |||||||||
| 51,982 | 29,115 | ||||||||
| - 3,050 | - | ||||||||
| 92,361 | 111,214 | ||||||||
| 141,293 | 140,329 |
2
The Species Recovery Trust 1146387
| The Species Recovery Trust | The Species Recovery Trust | The Species Recovery Trust | 1146387 | 1146387 | 1146387 | |
|---|---|---|---|---|---|---|
| Statement of Assets and Liabilities For the period from To 01/01/2021 31/12/2021 |
||||||
| For the period from |
01/01/2021 | To | 31/12/2021 | |||
| Section B Statement of assets and liabilities at the end of the period | ||||||
| Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use |
Details Co-operative bank current account Co-operative bank reserve account Total cash funds Details Grants receivable Prepayments Stock Details Accruals (accountancy, pension, project delivery) Details Computer equipment Fixtures and fittings Other debts due to charity Details Website |
Unrestricted funds to nearest £ 41,279 100,014 141,293 Unrestricted funds - 450 147 1,841 . Fund to which asset belongs Fund to which asset belongs Unrestricted Unrestricted Unrestricted Fund to which liability relates Unrestricted |
Restricted funds to nearest £ 19,142 - 19,142 Restricted funds 21,336 - - - Cost (optional) Cost (optional) 4,424 260 3,015 Amount due (optional) 2,153 |
Endowment funds to nearest £ |
||
| - | ||||||
| - | ||||||
| - | ||||||
| Endowment funds |
||||||
| - | ||||||
| - | ||||||
| - | ||||||
| - | ||||||
| Current value (optional) |
||||||
| Current value (optional) |
||||||
| When due (optional) |
||||||
| Accruals (accountancy, pension, project delivery) |
Unrestricted | 2,153 | ||||
3
| The Species Recovery Trust | The Species Recovery Trust | The Species Recovery Trust | 1146387 |
|---|---|---|---|
| Notes | |||
| For the period from |
01/01/2021 | To | 31/12/2021 |
Section C Notes
There was £4,550 transferred from unrestricted funds to restricted funds during the year. This relates to money The Species Recovery Trust agreed with grantors to contribute to projects financed from restricted funds.
There was also a transfer of £1,500 from restricted funds to unrestricted funds relating to recharge for work of a subcontractor paid in previous year from unrestricted funds.
The net total of these transfers is £3,050 as stated in Section A Receipts and payments accounts (page 2).
Signed by one or two trustees on behalf of all the trustees
| Signature NB |
Print Name Nicholas Berry |
Date of approval |
|---|---|---|
| NB | Nicholas Berry | 26/03/2022 |
4