Registered number.. 07868028
Charity number: 1148844
NORFOLK FWAG
(A company limited by guarantee)
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

NORFOLK FWAG
IA company limited by guarantee)
CONTENTS
Page
Reference and administrative details of the Company. its Trustees and advisers
Trustees. report
Independent examiner's report
Statement of financial activities
Balancg shgot
10-11
Notes to the financial statements
12-21

NORFOLK FWAG
IA company limited by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 DECEMBER 2021
Trustees
G R Anderson
J P B Barrett
J E R Daniels
J Fiennes
T N Guyer, Chaimian
R W Haddow, Vice Chairman (resigned 31 December 20211
SELord
J J L Mitchell
MCRae
A R Thornton
D C Willis MBE
Company registered
number
07868028
Charity registered
number
1148844
Registered office
Honingham Thorpe
Norwich Road
Colton
Norwich
Norfolk
NR9 5BZ
Company secretary
D C Willis MBE
Independent examiner
Larking Gowen LLP
Chartered Accountants
King Street House
15 Upper King Street
Norwich
NR3 1RB
Page 1

NORFOLK FWAG
IA company limited by guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2021
The Trustees (who are also directors of the charity for the purposes of the Companies Acll present their annual
report together with the financial statements of Norfolk FWAG Ilhe company) for the year ended 31 December
2020. The Trustees confirm that the Annual Report and financial statements of the company comply with the
current slatulory requirements, the requirements of the company's goveming document and the provisions of
the Statement of Recommended Practice ISORPI, applicable lo charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republi¢ of Ireland IFRS 1021.
Objectivgs and activitigs
a. POLICIES AND OBJECTIVES
Mission Ststgment
To provide the best independent farm conservation advi￿ and guidance lo our members and provide the
facilities for environmental opportunities.
Vision Statement
Norfolk FW AG will facilitste change on the ground lo benefit habitats and species associated with or owurring
on familand.
The Charity's Objects:
1. By encouraging land owners, farmers and other stakeholders lo manage their land in such a way as to
promote, the conservation, protection and improvement of the physical and natural environment for the benefit
of the public.
2. To advance the education of the public, particulady the farming community and the agricultural sector in
conservation and biodiversity.
The activitigs of the Charity are as follows:
Support farmers in their work to deliver wildlife conservation within productive famiing systems.
Provide fanmers and landowners with the best independent technical advice and practical guidance on
environmental enhancement of the farmed environment.
Preserve natural resources on & off farm, such as soil & water.
Seek to work with landowners lo preserve and maintain the historic environment and landscape heritage
inherited by farmers today.
Inspire and communicate the importance of conservation on farmland to farmers, future generations and
the wider public.
Work in collaboration with partner organisations and other FW AG groups.
Infomi members of wider environmental issueslschernes and access to funding.
Page 2

NORFOLK FWAG
IA company limited by guarantee)
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2021
Objectivgs and activitigs {continuod)
Norfolk FWAG offers a range of servlces Includlng:
Applications for Countryside Stewardship Schemes.
Compliance checks.
Best practice conservation advice.
Species surveys, habitat management planning and advice.
Farm Environment Plans.
Facililalion of Farmer Groups
Farm Assurance schemes
Achigvgments and Perfomiance
BUSINESS MANAGERS REPORT FOR 2021- REVIEW OF ACTIVITIES
Stsff
Norfolk FWAG had six members of staff during 2021..
Mike EdwardslNeil Punchard - Business Managerlmanaging Director
Henry Walker- Farm Adviser
Charfie Ennals - Farm Adviser
Sasha Ellis - Farm Support Adviser
Sallyanne Brock- Finance Officer
Mike Edwards was in post as Business Manager until the 31st May 2021. Neil Punchard was appointed
Managing Director in May 2021 and took up post from the 1st July 2021.
During 2021 the Norfolk FWAG team were busy with a whole range of environmental work..
Chargeable
Countryside and Environmental Stewardship care and maintenance.
Countryside Stewardship applications
Woodland Creation and hedgerow planting
Woodland Management Plans.
Farm Assuran￿ Schemes e.g. LEAF marque.
Project
Facilitation Funds - landscape scale conservation (Wissey and Glaven)
Norfolk Ponds Project
Broad's HLF, Water Mill and Marshes- Broadland Tales of the Past and Broads Land Management
Broads Test & Trials Land Management Board and the role of a local convenor
Princes Trust Farm Resilience Programme
Page 3

NORFOLK FWAG
IA company limited by guarantee)
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2021
(continued)
Events
Norfolk FWAG organised two farm walks lo showcase Norfolk farms which effectively integrate environmental
management into their farming business. There were around 40 attendees al each event including farmers,
landowners, environmental specialists and the general public, both members and non members of Norfolk
FWAG. The first was Dillington Hall. near Dereham to showcase the Wendling Beck Environment Project and
discuss Landscape Recovery and Biodiversity Net Gain projects underway. The second was at Kenn Hill, North
Norfolk Coast, with a focus Regenerative agriculture and rewilding. Numerous smaller knowledge exchange
events, including our work with the facilitation funds in the Glaven and Wissey, covered topics including
regenerative agriculture.
Covid-19 restrictions impacted project delivery and meant that the annual Norfolk FW AG Farm Conservation
competition for the lan MacNicol Memorial Trophy was pul on hold for 2021. The Green Hay project with
Norfolk Wildlife Trust and local contractors continued to enhance and restore wildflower meadows and received
a welcome financial contribution from Norfolk Rivers Trust using Botanica funding via the WWF.
Through the Prince's Farm Resilience Programme we co-ordinated free business skills training lo family farms
across Norfolk through a programme of seven workshops which focus on different business skills lo maximise
profitability and resilience.
Partnershlp worklng
Norfolk FWAG continued to represent fam)ers and landowners on the Broads Land Management Group,
Norfolk Coast Partnership, Broads Biodiversity Partnership, Norfolk Local Access Forum, NBIS Steering Group,
Waveney Catchment Partnership, and Broadland Catchment Partnership.
Fundlng blds
We were successful in partnership project applications for treasury funding including the Wendling Beck
Exemplar Project (bids to both the Defra Test & Trials and Natural Environment Investment Readiness Fund
were successfull and the Broads Peat Partnership.
We were also successful with our tender to Defra. as co-leads of the East of England FWAG Consortium, to
deliver Countryside Stewardship advice and options appraisal across the East and South East of England,
through the Farm and Land Management Advi￿ framework in 2022.
Page 4

NORFOLK FWAG
IA company limited by guarantee)
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2021
a. FINANCIAL REVIEW
Complete income statements and forecast summaries are compiled each month and distributed to the Trustees
at Board meetings. Age of debt reports are produced quarterly. Management board meetings are held every 3
months and these all have complete agendas lo include management accounts. Board meetings are minuled
and the minutes are distributed lo the Trustees. Trustees meetings are held accordingly.
We re￿iVed a £194,500 donation from the Blomfield legacy in 2021. Total income for the period was £417,248
(including £194,505- legacy fund charitable donation plus interest) and expenditure was £233,597. The SLJrplus
for the year was £183,651 although if the legacy funding is excluded we made a loss of £10,854 which is not
unexpected in such a transition year with recruitment of a Managing Director half way through the year resulting
in a higher salary for the position. A new advisor had also been appointed who was living out of County and we
incurred relocation Isundryl expenses that were not forecast. Covid-19 restrictions impacted project delivery
and income. Dealing with queries from the Rural Payments Agency resulted in considerable non-chargeable
lime for advisers.
The combination of chargeable work, and membership and project income, was the main SOU￿ of finance
{excluding the charitable donation) during the whole financial year as the table below shows.
Total £ turnover
Chargeable Income
Projects
Membership
Grantslsponsorship incl. interest
Legacies
£417,248
£109,923
£47,896
£53,602
£11,327
£194,500
The trustees agreed that under ils charitable status Norfolk FWAG has a sound financial footing.
Structure. govemance and management
a. Constltutlon
The company is registered as a charitable company limited by guarantee and was set up by a Memorandum of
Association on 1 December 2011 which was subsequently amended on 30 May 2012.
The principal object of the company is lo encourage land owners. farmers and other stakeholders to manage
their land in such a way as lo promote for the benefit of the public, the conservation. protection and
improvement of the physical and natural environment. Also, to advance the education of the public, particularly
the farming community and the agricultural sector in conservation and biodiversity.
Page 5

NORFOLK FWAG
IA company limited by guarantee)
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2021
Structure. govemancg and managgment {continuod)
b. Methods of appointment or election of Trustges
Charfes Sayer, Joe Martin and Clarke Willis were the original Diredors of Norfolk FW AG and became Trustees
when the Charity was formed in 2012.
Richard Gurney and Lord Julian Romney joined as Charity Trustees in 2012. Richard Gurney retired in 2015
and Lord Julian Romney in 2017.
Andrew Thornton was appointed in December 2013, Tim Guyer in April 2014 and Ross Haddow in August
2014.
Jake Fiennes and Jon Daniels were appointed in July 2016. Sue Lord was appointed in November 2017.
In 2018 Michael Rae was appointed and Joe Martin stepped down.
At the AGM in 2019 Joe Mitchell was appointed. At the 2020 AGM on the 4th November (held by video
conference due to the global pandemi¢l Glenn Anderson and John Barrett were appointed and Charles Sayer
stepped down.
The Charity has pul in pla￿ a succession plan for both the Board lo keep a fresh business approach.
Organisational structurg and dgcision-making policies
As well as the trustees and board of directors the charity has an executive steering group and three full time
members of staff. The day to day running of the Charity is managed by Tim Guyer (Chairman), Ross Haddow
Ivice-chairmanl and Clarke Willis (Company Secrelaryl.
The steering group consists of a range of interested parties and well-known organisations including,
conservation groups, Irusls, councils, landowners and farmers. The steering group s roles and responsibilities
are as follows..
Profile raisinglNetworking
Technical support
Events
Fundraising
Developing project ideas
The Trustees, who have many combined years in the charitable and commercial sectors have all been
provided with additional guidance and;
A summary version of the Charity Commission's Essential Guide.
Norfolk FWAG Business Plan.
Norfolk FW AG Management Accounts on a regular monthly basis.
Page 6

NORFOLK FWAG
IA company limited by guarantee)
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2021
Structure. govemancg and managgment {continuod)
ststgment of Trustgos. responsibilities
The TrLJStees (who are also the directors of the Company for the PLJrposes of company law) are responsible for
preparing the Trustees. report and the financial statements in accordan￿ with applicable law and United
Kingdom Accounting Standards (United Kingdom Generally A¢￿pIed Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial . Under company law, the
Trustees musl not approve the financial statements unless they are satisfied that they give a true and fair view
of the state of affairs of the Company and of ils incoming resources and application of resources, including ils
income and expenditure, for that period. In preparing these financial slatemenls, the Trustees are required lo..
select suitable accounting policies and then apply them consistently.,
observe the methods and principles of the Charities SORP IFRS 1021.,
make judgments and accounting eslimales that are reasonable and prudent.,
stale whether applicable UK Accounting Stsndards IFRS 1021 have been followed, subject to any
material departures disclosed and explained in the financial stslements.,
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
Company will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient lo show and explain
the Company's transactions and disclose with reasonable accuracy at any time the financial position of the
Company and enable them lo ensure that the financial statements comply with the Companies Act 2006. They
are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees and signed on their behalf by..
D C Willi$ MBE
Trustee and Company secretary
Date.. 25 August 2022
Page 7

## **NORFOLK FWAG (A company limited by guarantee)** 

## **INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2021** 

## **Independent examiner's report to the Trustees of Norfolk FWAG ('the Company')** 

I report to the charity Trustees on my examination of the accounts of the Company for the year ended 31 December 2021. 

## **Responsibilities and basis of report** 

As the Trustees of the Company (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). 

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Company's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. 

## **Independent examiner's statement** 

Since the Company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. 

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 

1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 

2. the accounts do not accord with those records; or 

3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or 

4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). 

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 

This report is made solely to the Company's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Company's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Company and the Company's Trustees as a body, for my work or for this report. 

Signed: Dated: 31 August 2022 Christopher Yeates FCA DChA 

Larking Gowen LLP, Chartered Accountants King Street House 15 Upper King Street Norwich NR3 1RB 

Page 8 



NORFOLK FWAG
IA company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 DECEMBER 2021
Unrestricted
funds
2021
Total
funds
2021
Total
funds
2020
Note
Income from:
Donations and legacies
Charitable activities
194.500
222.748
194.500
222.748
920
205,485
Total income
417.248
417.248
206,405
Expenditure on:
Charitable activities
233.597
233.597
180,619
Totsl expenditurg
233,597
233,597
180,6f9
183.651
183.651
25, 786
Net movement in funds
Reconciliation of funds..
Total funds brought fomard
Net movement in funds
69.126
183.651
69.126
183.651
43,340
25, 786
Total funds carried forward
252,777
252,777
69,126
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 12 10 21 form part of these financial stslemenls.
Page g

NORFOLK FWAG
IA company limited by guarantee)
BALANCE SHEET
FOR THE YEAR ENDED 31 DECEMBER 2021
2021
2020
Note
Fixed assets
Tangible assets
Investments
3.705
20
1,499
20
10
3,725
1,51 9
Current assgts
Debtors
11
77,523
307,794
54,913
104, 750
Cash al bank and in hand
385,317
159,663
Creditors.. amounts falling due within one
year
12
1136,2651
(92,056)
Net current assets
249,052
67,607
Total assets less current liabilities
252.777
69,726
Total net assets
252.777
69,126
Charity funds
Restricted funds
13
13
Unrestricted funds
252.777
69,126
Total funds
252.777
69,126
Page 10

NORFOLK FWAG
IA company limited by guarantee)
BALANCE SHEET (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
The Company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit for the year in question in accordance with
section 476 of Companies Act 2006.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to
accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to
the small companies regime.
The financial statements were approved and aulhorised for issue by the Trustees and signed on their behalf by..
M8E
ITrusteel
Dale.. 25 August 2022
The notes on pages 12 10 21 form part of these financial stalemenls.
Page11

NORFOLK FWAG
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
General Infomiatlon
The company is a company limited by guarantee. The members ofthe company are the Trustees named
on page 1. In the event of the company being wound up, the liability in respect of the guarantee is limited
10 £10 per member of the company. The registered office of the company is Honingham Thorpe, Nomich
Road, Colton, Norfolk, NR9 5BZ.
Aceountlng pollcles
2.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP IFRS 1021
Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities
preparing their accounts in aC￿rdan￿ with the Financial Reporting Standard applicable in the UK
and Republic of Ireland {FRS 102} (effective 1 January 20191, the Financial Reporting Stsndard
applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006.
Norfolk FWAG meets the definition of a public benefit entity under FRS 102. Assets and liabilities
are initially recognised at historical cost or transaction value unless olheNise stsled in the relevant
accounting policy.
2.2 Fund accounting
General funds are unreslricled funds which are available for use al the discretion of the Trustees in
furtherance of the general objectives of the Company and which have not been designated for other
purposes.
2.3 Going concern
The Trustees considered the Company's position al the lime of signing the financial slatemenls.
Based on this, the Trustees have concluded that they have a reasonable expectslion that the
Company will have adequate resources lo continue in operational existence for the foreseeable
future, and, al least ￿e1ve months from the date of signing these financial slatemenls. They
therefore continue lo adopt the going concern basis of acwunting in preparing these financial
slatemenls.
2.4 Income
All income is recognised On￿ the Company has entitlement to the income, it is probable that the
income will be received and the amount of income receivable can be measured reliably.
The recognition of income from legacies is dependent on establishing enlillemenl, the probability of
receipt and the ability lo estimate with sufficient accuracy the amount re￿1Vable. Evidence of
enlillement to a legacy exists when the Company has sufficient evidence that a gift has been left to
them Ilhrough knowledge of the existence of a valid will and the death of the benefactor} and the
executor is satisfied that the property in question will not be required lo satisfy claims in the estate.
Receipt of a legacy must be recognised when il is probable that it will be received and the fair value
of the amount receivable, which will generally be the expected cash amount lo be distributed to the
Company, can be reliably measured.
Page 12

NORFOLK FWAG
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
Accountlng pollcles (contlnuedl
2.5 Expendlture
Expenditure is recognised On￿ there is a legal or constructive obligation lo transfer economic
benefit lo a third party, it is probable that a transfer of economic benefits will be required in
settlement and the amount of the obligation can be measured reliably. Expenditure is classified by
activity. The costs of each activity are made up of the total of direct costs and shared costs,
including support costs involved in undertaking each aclivily. Direct costs atlributsble lo a single
activity are allocated directly lo that aclivily. Shared costs which contribute lo more than one activity
and support costs which are not allribulable lo a single activity are apportioned between those
activities on a basis consistent with the use of resources. Central staff costs are allocated on the
basis of time spent, and depreciation charges allocated on the portion of the asset's use.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the
Company's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
2.6 Tanglble flxed assets and depreclatlon
Tangible fixed assets costing £NIL or more are capitalised and recognised when future economic
benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised al cost. After recognition, under the cost model,
tangible fixed assets are measured al cost less accumulated depreciation and any accumulated
impairment losses. All costs incurred lo bring a tangible fixed asset into its intended working
condition should be included in the measurement of cost.
Depreciation is charyed so as to allocate the cost of tangible fixed assets less their residual value
over their eslimaled useful lives,
Depreciation is provided on the following basis..
Plant and machinery
330/0 Straight line
2.7 Investments
Fixed asset investments are a form of financial instrument and are initially recognised at their
transaction cost and subsequently measured at fair value at the Balan￿ sheet date, unless the
value cannot be measured reliably in which case it is measured al cost less impaimienl. Investment
gains and losses, whether realised or unrealised, are combined and presented as 'GainsllLossesl on
investments, in the Statement of financial aclivilies.
2.8 Interest recelvable
Interest on funds held on deposit is included when receivable and the amount can be measured
reliably by the Company., this is normally upon notification of the interest paid or payable by the
institution with whom the funds are deposited.
Page 13

NORFOLK FWAG
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
Accountlng pollcles (contlnuedl
2.9 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered.
Prepayments are valued at the amount prepaid nel of any trade discounts due.
2.10 Cash at bank and In hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short
maturity of three months or less from the dale of acquisition or opening of the deposit or similar
account.
2.11 Llabllltles and provlslons
Liabilities are recognised when there is an obligation al the Balance sheet dale as a result of a past
event, it is probable that a transfer of economic benefit will be required in settlement, and the
amount of the selllement can be estimated reliably.
Liabilities are recognised at the amount that the Company anticipates it will pay to sellle the debt or
the amount it has received as advanced payments for the goods or seNices il musl provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation.
Where the effect of the lime value of money is material, the provision is based on the present value
of those amounts, discounted al the pre-tax discount rate that reflects the risks specific lo the
liability. The unwinding of the discount is recognised in the Statement of financial activities as a
finance cost.
2.12 Flnanclal Instruments
The Company only has financial assets and financial liabilities of a kind that qualify as basic
financial instruments. Basic financial instruments are initially recognised at transaction value and
subsequently measured at their settlement value with the exception of bank loans which are
subsequently measured at amortised cost using the effective interest method.
2.13 Penslons
The Company operates a defined contribution pension scheme and the pension charge represents
the amounts payable by the Company lo the fund in respect of the year.
Page 14

NORFOLK FWAG
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
Income from donatlons
Unrestricted
funds
2021
Total
funds
2021
Donations
Legacies
194,500
194,500
194,500
194.500
Post year end, in March 2022, the charity received a further £30,000 distribution from the legacy estate.
This distribution is not included in the amount recognised above.
Unrestricted
funds
2020
Total
funds
2020
Donations
920
920
Income from charitsble activities
Unrestricted
funds
2021
Total
funds
2021
Subscriptions and joining fees
Countryside stewardship
Other consLJltancy
Projects work
Woodland management
Training and events
SpecieslHabital surveys
Assurance schemes
53,602
67,476
35,869
47,896
2,121
1,350
650
53.602
67.476
35,869
47.896
2.121
1.350
650
11,327
2,332
11.327
2.332
Sales of goods
Permissive Access
Sponsorship
Other
125
125
Total 2021
222,748
222.748
Page 15

NORFOLK FWAG
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
Income from charltable actlvltles (contlnued)
Unrestricted
funds
2020
Total
funds
2020
Subscriptions and joining fees
Countryside stewardship
Other consLJltancy
Projects work
47,424
69,813
34,839
40,036
47,424
69,813
34,839
4Q,036
F li
Woodland management
Training and events
Spe¢ieslHabital surveys
Assurance schemes
Sales of goods
Permissive Access
Sponsorship
other
312
600
1,957
6,441
2,392
831
500
340
312
6(A)
1,957
6,441
2,392
831
500
340
Total 2020
205,485
205,485
Analysis of expenditure by activities
Activities
undertaken
directly
2021
Total
funds
2021
Direct costs
233,597
233.597
Activities
undertaken
directly
2020
Total
funds
2020
Direct costs
f80,619
180,619
Page 16

NORFOLK FWAG
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
Analysls of expendlture by actlvltles (contlnued)
Analysls of dlrect costs
Total
funds
2021
Total
funds
2020
Staff costs
164,183
1,800
7,809
6,727
2,355
5,069
2,670
14f,983
1,480
5,945
4,485
2,438
4,079
2,336
Depreciation
Office, rent, light and heal
Travel costs
Subscriptions
Office consumables
Insuran
r li
Website and marketing
Postage
Sundry
Telephone
Training
Accountancy
Project costs
Event costs
Professional fees
436
889
296
735
929
1,051
1,400
8,775
781
2,306
1,067
244
1,230
1,668
1,400
29,403
1,626
215
Bad debts
1,455
357
Bank charges
Total 2021
233,597
180,619
Independent examiner's remuneration
The independent examiner's remuneration amounts lo an independent examiner fee of £1,50012020 -
£7,465).
Page 17

NORFOLK FWAG
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
Staff costs
2021
2020
Wages and salaries
Social security costs
Contribution lo defined contribution pension schemes
144,848
9,435
9,900
124,939
7, 736
9,308
164,183
141,983
The average number of persons employed by the Company during the year was as follows..
2021
No.
2020
No.
No employee received remuneration amounting to more than £60,000 in either year.
Remuneration and benefits received by key management personnel in the year lotalled £164,18312020..
£141,983).
Trustees. remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2020- £NIL).
During the year ended 31 December 2021, expenses relating to travel and subsistence lotalling £77
were reimbursed or paid directly to 1 Trustee (2020 - £1131.
Page 18

NORFOLK FWAG
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
Tanglble flxed assets
Plant and
machinery
Cost or valuation
At 1 January 2021
Additions
Disposals
9,315
4.006
{1.985)
At 31 December 2021
11,336
Depreciation
At 1 January 2021
Charge for the year
On disposals
7,816
1.800
{1.985)
At 31 December 2021
7,631
Net book value
At 31 De￿mber 2021
3.705
At 31 December 2020
1,499
10.
Fixed asset investments
Unlisted
investments
Cost or valuation
At 1 January 2021
20
At 31 December 2021
20
Page 19

NORFOLK FWAG
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
11. Debtors
2021
2020
Due within one year
Trade debtors
Prepayments and accrued income
34,438
43,085
31,106
23,807
77,523
54,9f3
12. Creditors: Amounts falling due within one year
2021
2020
Trade creditors
Other tsxation and social security
Pension fund loan payable
Accruals and deferred income
22,219
14,357
1,545
98,144
3,747
22,253
1, 142
64,914
136,265
92,056
Included within other creditors and accruals is £40,270 {2020.' £14,928} relating to the Connecting Nature
Fund Grant Scheme and Skylark project. The charity administers the fund on behalf of Norfolk County
Council. The fund is for projects lo lessen the impact on the wider environment of large scale
development. The charity has no entitlement to the fund and hence it is not recognised as income of the
harily. The balan￿ al the 31 December represents funding yel to be dislribuled. Totsl fund receipts in
the year were £25,792 {2020'. £Nill and £Nil12020'. £15} was paid out during the year.
Page 20

NORFOLK FWAG
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
13. Statement of funds
ststement of funds - current year
Balance at
31
December
2021
Balance at 1
January
2021
Income Expendlture
Unrgstridgd funds
General Funds
69,126
417.248
1233,5971
252.777
ststement of funds - prior year
8alance at
31
December
2020
Balance at
l January
2020
Income Expenditure
Unrestrlcted funds
General Funds
43,340
206,405
{180,619J
69,126
14.
Pension commitments
The charity operates 8 defined contribution pension scheme. The assets of the scheme ao held
separately from those of the charity in an independently administered fund. The pension cost charge
represents contributions payable by the charity lo the fund and amounted lo £9,900 {2020.. £9,308).
There were contributions outstanding al the year end of £1,54512020.. £1,142).
15. Related party transactions
There were no related party transactions during the year.
Page 21