DO$19n Envelope ID: B0CC7927-AE9545FA-8E6cc93FAO17Bc COETIR ANIAN (CAMBRIAN WILDWOOD) ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 Charity Number 1158185
Doeusign Envelope ID.. BOCc7927-AE95FA.BE634cCg3FAO17Bc COETIR ANIAN (CAMBRIAN WILDWOOD) FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 Contents Pages Reference and administrative infomiation Trustees, Annual Report 3to9 Independent Examinerfs Report Statement of Financial Activitles 10 11 Balance sheet 12 Notss to the financial statements 13to22
Docusign Envelope ID.. BOCC7927-AE9545FA-8E634CC93FA0178C COETIR ANIAN (CAMBRIAN WILDWOOD) REFERENCE AND ADMINISTRATIVE INFORMATION YEAR ENDED 31 MARCH 2024 Status Coetir Anian (Cambrian Wildwood) is a charitable incorporated organisation registered with the Charity Cornmission of England and Wales on 81h August 2014 (Number 1158185). The Charity Commission is a national organization which regulates charities such as Coetir Anian. Working Names: Cambrian Wildwood Trustses The Trustees (who are directors for the purpose of company law) who served during the year and since the year end were as follows: Peter Taylor Bsc (resigned 22 November 2023) Nicola Hart Mat Mitchell Nicola Chartesworth Bsc Dr Sophie Wynne-Jones Bsc, PhD (resigned November 2023) Kara Moses Bsc Dr Joseph Cornelius Ellis Hope Wendy Elizab8th Joss Jonathan Walker Simon Ayres Msc Re istered office Unit 6F, Cefn Llan Science Park, AberySh, Ceredigion, SY23 3AH Inde endent Examiner Joanna Roderick ACA WJ James & Co, Bishop House, 10 Wheat Street, Brecon, Powys LD3 70G Bankers CAF Bank, 25 Kings Hill Avenue. Kings Hlll, West Malling , Kent ME19 4JQ
Docusign Envelope ID.. BOCC7927-AE9M5FA-BE634CC93FAO178C COETIR ANIAN (CAMBRIAN WILDWOOD) TRUSTEES ANNUAL REPORT YEAR ENDED 31 MARCH 2024 The Trustees have pleasure in presenting their report and the financial statements of Coetir Anian for the year ending 31 March 2024. Objects The Objects of Coetir Anian are Tc Piomo+ tb.ts cop.e&rvation. protection and improijement of the physic8.1 and nalural environment by promoting biological diveisity, for the benefit of the publi To advance the education of the public in Ihe conservation, protection and improvement of the physical and natural environment, and deepen their connection and appreciation of it. Activitles and Funding for the year 202&2024 20234 was an exciting year with the start of a number of newly funded projects. FundirYJ was obtained from Nature Networks Fund, The Woodland Investment Grant (TWIG). Esmee Fairbaim Foundation. National Peatland Action Programme. WCVA, Garfld Weston Foundation, Principality Building Society. Postcode Community Trust, Woodland Trust, Glastir and Ihe Waterloo Foundation. The actlvities of the charity were directed exclusively towards delivering our objectives on the land at Bwlch Corog, Glaspwll, nr Machynll8th, and building partnerships with neighbours in th8 area. The maln aims for Ihe yaar were: to increase native woodland cover across the Bwlch Corog site: restore conrfer woodland to native species. to restore the blanket bog and heathland habitats; to conserve and restore native fauna and flora; to enable publlc access; to enable education, nature connection. and wellbeing for a vdide range of people, especially those with limited acctss to nature; and to develop partrtershlps with immediate neighbouring landowners for the benefit of nature acn)ss the wider landscape. Governance Two trustees, Peter Taylor and Sophle Vilynne-Jones, retired at the November AGM. No trustee recruitment took place. Three sugrOUpS continued to meet regularfy and report to the Board: Flnance & Governan. L8nd Management; Education & Community. A schedule of delegation lo the Director was in place. A number of organisational policies were reviewed and revised during the year. including safeguarding. equality. and health and safety. Strategy and Development During this year we sought and obtained addrtional funding from the Esmee Fairbaim 'Funders Plus, funding stream to employ an advisor and extemal facilitstor, to assist with developing a new organisational strategy. This strategy is now in place, and guides the direction of our work. setting four stralegic priorities: Restoring habitats and species Connecting people and nature Sharing Stories of the land - people, hlstory, ecology. Organisational sustainability We are currently finalising a 1 t>year action plan to dellver the new stralegy.
Docusign Envelope IQ.. BOCC7927-AE9545FA-BE634CC93FA017BC COEfiR ANIAN (CAMBRIAN WILDWOOD) TRUSTEES ANNUAL REPORT YEAR ENDED 31 MARCH 2024 ReseThes Trustees have committed to aiming for a minimum level of r88erves of 6 months and a maximum of 12 months of Core Costs. Reserves are held in case of gaps in funding or unforeseen expenditure. Cash Reserves at 31 March 2024 were £ 41.690 (2.24 months of Core Costs). Trustees noted the need to increase reserves. If additional funding or donations are not sufficient to re8ch the Reserves target in 2024125 some of the Land Fund will be redesignated to a ContingenGy ReseNe wilh the permission of the donors. Land Woodland and wood pasture Tree planling continued in early 2024 with 100 native trees planted in cactus guards (spiked metal mesh cylinders) as single trees in suitable places across open land. A furth8r 200 native saplings were planted without guards in areas unlikely to be grazed, mostly with the involvement of our school groups. These new scattered trees wlll provide a welcome increase in tree cover on our slte in future years. and a seed Sour for future tree regeneration. All trees planted came from local provenancR tree seeds (mainly from withln Ceredigion) and the crab apple trees were grown with seed from our ancient tree at Bwlch Corog. A significant task in summer 2023 was clearing bracken frorn around the recently planted sapllngs in our tree regeneration area. The18rch plantation was thinned and high pruned according to schedule to encourage the grovAh of native trees and WLiodland ground flora. Ground flora is now varied wlth a range of native shrubs such as bilberry present,. natlve saplings such as oak are regenerating and the thinning provided much needed light for them to flourish. The larch timber was extracted and split to store for seasoning, and use as firewood for the campfires and wood stove. Peatland Restoration Trails were cut during autumn 2023, as well as some additional 'trial' patches lo aid habitat diversification. Where trails were cut previously. a more diverse sward developed, and the animals continue to graze. In 2023. we continued with work to diverstfy bog vegetstion on the areas scraped of vegetation in 2022. We tried sphagnum planting (both plugs bought in. and sustainable harvest and translocation of native sphagnum from our site) for a second time, with a much higher success rate. Sphagnum was planted in November, the wettest part of the year, into other vegetation which protects the sphagnum from erosion. The sphagnum planted is now thriving and creating a healthy bog which wlll sequester more peat and carbon and continue to help our wetland habitats Ihrive.
Docusign Envelope ID.. BOcC7927-AE9545FA-BE6CC93FA0l7Bc COETIR ANIAN (CAMBRIAN WILDWOOD) TRUSTEES ANNUAL REPORT YEAR ENDED 31 MARCH 2024 Grang Grazing by horses and cattle is the main proces5 contributing to the restoration of the dwarf shrub vegetation of upland heath. for example heather species and bilberry, along with the diverse mosse5 and flowers of an upland heath. Areas of acid grassland have been favoured by the herbivores and have been restored to diverse pastures rich in flowering species. The semFwild herd of Konik horses grazed our uplands in summer 2023, but in winter 2023 they were rehomed to lowland estuary at Ynys Hir, where they are thriving in the woodland eating bramble. In past years they have struggled on our site over the winter wilhout additional food, so we have formulated a plan to replace them wilh a breed better suited to the terrain. For a fourth year, a herd of Highland and Welsh while cattle were brought over from the neighbouring farm for the period 1 May to 30 September. This year the number of cattle on site was twelve. Bracken management Bracken was cleared on the paths and camping areas. and around young trees. This was undertaken with the support of volunteers, staff and contractors using hand tools. Volunteers 11 Saturday land restoration volunteering days were held at Bwlch Corog, led by staff. In addltion, from January 2024 we have trialled an additional monthEy Thursday volunteer session, attracting small numbers but a different set of people. A¢tivilles Included tree planting, bracken slashing, clearlng bramble.trom footpaths, chopping firewood, plant, and bird suNeys, collecting natlve tree seeds, and sphagnum moss planting. Our volunteers included local people and a regular group of asylum seekers and refugees from Wolverhampton City of Sanctuary. Additionally. the Aberyswth Untversity Student Conservation Volunteers joined us for our November volunteer day, bringing 35 peopl6. Our youth Nature Ambassadors groups aged 12-17 also tried volunteering, wilh a 2-hour session each time they visit. Ivider landscape impact As part of our NNF project we have begun meetings with neighbouring landowners to discuss developing a partnership to benefit nature across more than one landholding. Three meetings of the prospective partnership were held, induding a m8eting at the Bwlch Corog cairn and a walk across three landholdings to explore polential footpath improvements and walking routes. In early 2024. we began a project funded by Ihe National Pealland Action Programme *bICh will support two of our neighbours to underiake surveys of their peatland. In summer 2023 we also became fonnal partners of Tir Canol. a regional partnership which aims to bridge the divide between farming and nature conservation organisations. Woodland Trnst partnership The charity continues to work in partnership with our landlords. Coed Cadw (The Woodland Trus1}. through joint meetings held every 6 months. and through h05ting site visits for Woodland Trust personnel. Education and wellbeing programmes Primary schools
Docuslgn Envelope ID.. BOcC7927-AE9sFA-BEs34CC93FA0l7Bc COETIR ANIAN (CAMBRIAN WILDWOOD) TRUSTEES ANNUAL REPORT YEAR ENDED 31 MARCH 2024 The primary schools programme offers nine primary schools the chance for their year 4 pupils (or if it is a small school. the whole of Iheir key stage 2 pupils) to visit our sit6 for 8 varied programme of activities and learning experiences across 3 years. With repeated visits to our site. the pupils build a relationship with and develop a sense of place with our land and nature. We bulld on their learning over time which ensures they are learning at a deeper level and forglng strong conneclions with the natural world, A strong, positive conn8Ction with nature Improves mental he81th and wellbeing. We make sure that our programme of delivery reflects and enhances the national curriculum. Staff from the schools have commented on how the funding for transport for this programme is vital, Many schools are cutting down on visits due to the astronomScal rise in travel costs, so the staff and pupils partiGularly value this opportunity to learn away from the school environment and in the great outdoors. All 3 schools In their second year of the programme (Bro Hyddgen Primary in Machynlleth, Ysgol Rhydypennau from Bow Street, and Ysgol Comins Coch, Aberystwyth) have attended a Wild Lfving Skills day on our site where they learnt fire skllls {collecting natural rnaterials for tinder, using a flinl and steel, howlo lay, light and Ihen put out a fire safely), foraged forfood and Gooked overthe campfire. Two schools came to Bwlch Corog in February and March 2024, to plant oak trees, as well as leam about how plants communicate with each other and Celebrate the end of thelr project. Nature Ambassadors In 2023 we began a new programme for children of secondary school age, funded by WCVA, where groups of up to 15 young people aged 12-17 attend our site for six weekly day visits. The groups take part in activities such as nature art and bushcraft, as well as trying volunteering and contribuling to the work of our project. Volunteering tasks have induded tree planting, firewood sta¢king, bracken bashing, sphagnum moss planting, and tree monitoring. Schools visiting in the first year of the programme included Penglais School Aberystwyth, Ysgol Bro Hyddgen Machynlleth, and Llanidloes High School. A number of the pupils attendin9 the sesslons had additional learning needs or disabilities. Teachers have fed back that the pupils Ihrive on the sessions, gaining in confidence through the chance to learn new skills and spend time oulslde in nature. Youth camps The youth camps 8re18d by local contractors with the support of our education team. Activtties include fire making, foraging, filleting fish, spoon carving. mindfulness, nature awareness, singing, river walking, sleeping out in the open and much more. Feedback Is consistently very positive, and it is a powerful experlence for many of the participants. Two youth camps of 5 days each were held in summer 2023, including: 10 young carers with the charity Credu; 6 pupils from Llanidloes High School. riny Tots sesslons 8 sessions held in April May and June 23 (funded by Comic Relief and some money from PAVO) to which a regular group of parents came - we did activllies based on the special natural phenomena associated with Spring and Summer e.g. pond dipping, making birds, nests. spring treasure hunt, learning about butterflies etc. There were eight regular families attending. Winter Wild Days Out 6 Saturday sessions were rurb for local teenagers plus a trip to the Penpont project near Brecon. Over the sessions, around 25 teenagers took part, with a core group of 14. Refugee ArAivity Day with funding from the Wild Isles Appeal. In March '24 an activity day for refugee families with children took place at Bwlch Corog, in partnership with City of Sanctuary from
Docusign Envelope ID.. BOCc7927-AE9M5FA.BE6CC93FA0l7Bc COETIR ANIAN (CAMBRIAN WILDWOOD) TRUSTEES ANNUAL REPORT YEAR ENDED 31 MARCH 2024 Wolverhamplon. The group planted trees, made charcoal, made sketch8s of the landscape using the charcoal. 18 attendees. Communlty Events Open Day The Énnual open day forlhe project took place on June 10th, 2023. at Bwlch Corog. Around 40 people attended, and actlvltles inciuaea looking at moths arid idkiiiy part in a motii ID su'rv8>. a lichen walk and talk, a birdsong walk, and children's games and activities around the campfire. Tree Dresslng Day In December 2023, a group of families with young children took part in our annual tree dressing day. with activities, craft. and storytelling to cel6brale the Celtic tradition of tre8 dressing. Monitoring and Impact Ongoing monitorlng and evaluation of our community programme takes place to meet the requirements of funders and to help us improve our activity programrnes. In 20234, we also worked on d8V81oping 8 framework for monitoring restoration of nalure. We have instslled dipwells on our peatland to measure water levels. monltored survival rates of young trees, and monitored changes to vegetstion on our peatland, as well as survival rates of sphagnum moss translocation. We have begun moth monitortng in 2023 with the support of a local expert, and a number of bird surveys. Shared Leamlng and visits A number of universities sent groups of students to visit and leam about our work. These included Bangor Unlversity conservation and forestry students, Aberystwyth University biological science students, Cardiff University Geography Department. and the Centre for Alternatlve Technology Msc group. Communications The website was maintsined and developed: htt'iS:Ilwww.coetiranian.or:-Jl s.Ilwww.cambrianwildwood.orgl Regular social media posts provided news on project, publicity for events and shared photos of the site and the activities. Paper newsletters for Glaspwll local wmmunity published and distributed.
Docuslgn Envelope ID.. BOCC7927-AE9545FA-BE634CC93FA017BC COETIR ANIAN (CAMBRIAN WILDWOOD) TRUSTEES ANNUAL REPORT YEAR ENDED 31 MARCH 2024 Notes on accounts The charity aGcounts ended the year with a net profit of £102.996 Restricted income was £260,377 Unrestricted income was £109.661 Tolal expenditure w2s £267,042. The balance sheet ended the year at £322,572 including a Land fund of £72.7g4 Public benefit considerations.. What is the charity's purpose? The charity's objects or purpose is to promote the conservation, protection and improvement of the physical and natural environment by promoting biological diversity, for the benefit of the public. How is this purpose beneficial? This purpose is beneficial because18nd managed by the charity provides many services for the public, in particular biodiversity, public aCss, carbon sequestration and storage, and water regulation. How does this purpose benefit the public or a section of the public? The benefits apply to the entire planet because increased biodiversity and carbon sequestration and storage is a global benefit. In particular. the benefits apply to residents and visitors to the area who have open access to the land and are able lo enjoy the scenery and wildlife, and benefil from the other ecosystems services. Participants on the education programmes enjoy the specific benefits developed for these beneficiaries. How the trustees will further the charity's purpose for the public benefit? The trustees will further the chartty's purpose for the public benefrt by raising money to buy more land, managing the land and running projects to restore natural habilats and wildlife, enabling the public to access the land. and maintaining and expanding Ihe education and wellbeing programmes. Trustee induction and tralning The Charity provides an induction program for all new Trustees to fully equip them with the information and knowledge which they need to enable them to become effective Board members as quickly as possible. They are given all the Charity's key documents, including the current version of the constitution, CIO'S Latesl Trustees Report and accounts. In addilion the Charity provides ICT Training to all new Trustees.
Docuslgn Envelope ID.. BOCC7927-AE9545FA-BE6&4CC93FA017BC COETIR ANIAN (CAMBRIAN WILDWOOD) TRUSTEES ANNUAL REPORT YEAR ENDED 31 MARCH 2024 Statement of Trustees. Responsibilities The trustees are responsible for preparing the Trustees, Annual Report and the financial statements i accordance with appllcable law and United Kingdom Accounting Standards (United Kingdom Generally ACpted Accounting Praclice). The law applicable to charities in England & Wales requires the trustees to prepare financial statements for eacn tinanciai year wnicn give a true and laii Vi& of the state of -ffairs of 'tr- -*di ity and nf +he ai incoming resources and applicatlon of resources of the charity for that period. In preparing these financial slatements, the trustees are requlred to: select sult8ble accounting policies and then apply them consistently., observe the method5 and principles In the Charities SORP 2019 (FRS 102); make judgements and estimates that are reasonable and prudent; state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial slatemenls; prepare the financial statements on the going conrn basis un18ss It is inappropriate to presume that the charity will continue in operatlon. The trustees are responsible for keeping proper accounting records that disclose with reasonable aCracY at any time the financial position of the Gharity and enable them lo ensure that the financial slatements comply with the Charities Act 2011, Ihe Charities (Account5 and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and deleotion of fraud and other irregularltles. Signed by ord8r of The Trustees 819Trod br. Dr Joseph Corn81ius Ellis Hope Chalr 4D14EFB1A49tHQ8... DATE: 1/30/2025
Docusign Envelope ID.. BoCC7927-AE9SFA-E634CC93FAO17Bc COETIR ANIAN (CAMBRIAN WILDWOOD) INDEPENDENT EXAMINER'S REPORT YEAR ENDED 31 MARCH 2024 I report to the charity trustees on my examination of the accounls of the charity for the year ended 31 March 2024 which are set out on pages 12 to 21 . Responsibilities and basis of report As the charity's trustees you are responsible for the preparation of the accounts in accordance with the qUirementS of the Charities Act 2011 ('the Act,). I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carying out my examination I have followed all the applicable Direclions given by the Charity Commission under section 145(5)(b) of the Act. Independent examinerfs 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 l am qualified to undertake the examination because l am a rnember of Institute of chartered accountants, which is one of the listed bodies. I have completed my examination. I confirm that no material matters have come to my attention in conneGtion wilh the examination giving me cause to believe that in any material respect: accounting COrdS were not kept in respect of the charity as required by section 130 of the Act" or 2. the accouii ts do not accord with those records. I have no concems and have come across no other matters in connection with the examinalion to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. (Jmcoth Joanna Roderick ACA WJ James & Co Bishop House 10 Wheat Street Brecon Powys LD3 7DG Date.. 10
Docusign Envelope ID.. BOCC7927-AE9545FA-BE634CC93FA017BC COETIR ANIAN (CAMBRIAN WILDWOOD) STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 MARCH 2024 Unrestricted Funds Reslrlcted YEAR ENDED YEAR ENDED Funds 31-Mar-24 31-Mar-23 AS RESTATED Note Incoming From: Donations Grants Other Income 28,105 854 £59.523 28,959 11,331 05,548 3,188 1,869 1,869 Total Income 109,661 260,377 370,038 110,067 Expendlture On: Charitable activities 71,683 195,359 267,042 174,176 Total Expendlture 71,683 195,359 267,042 174,176 Net Incomel(expendlture) 37,978 65,018 102,996 (64,109) Transfers between funds 13 (44) 44 37.934 65.062 102,996 (64,109) Totsl funds at start of perlod 89.057 130,519 219,576 283,685 Total funds at end of period 126,991 195,581 322,572 219,576 The Charity has no recognised gains oi losses other than the results for the year as set out above. All of tiie activities of the charity are classed as continuing The comparative funds are detailed in note 8 The notes on pagos 14 to 22 fomi part of theso flnanclal statements 11
Docusign Envelope ID-. BOCC7927-AE9545FA-BE634CC93FA017BC COETIR ANIAN (CAMBRIAN WILDWOOD) BALANCE SHEET AS AT 31 MARCH 2024 31-Mar-24 31-Mar•23 AS RESTATED Nots Flxed Assets Tangible assets Intangible assets 96,224 170 90.319 170 10 Current Assets Debtor5 Cash at bank 11 37,108 203,579 240,687 132,488 132,488 Creditors . Amounts falling due within one year Net Current Assets 12 {14,509j 226.178 (3.401 129,087 Net assets 322.572 219,576 Funds Unrestricted funds General fund5 Restricted funds 13 13 126,991 195,581 89.057 130,519 322,572 219,576 These financial Statements were approved by the trustees on . behalf by: 1/30/2025 2024 and are signed on its slyn by: Dr Joseph Cornellus Ellis Hope Chair Chairperson 4D14EFBIA49D40&.. The notes on pages 14 to 22 forrn part of these financial statements 12
Docusign Envelope ID.. B0CC7927-AE9545FA-BE6CC93FAO17Bc COETIR ANIAN (CAMBRIAN WILDWOOD) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 1 Accountlng pollcies (a) The address of the registered office is given in the charity infomiation on page 1 of these financial ststements. The nature of the charity's operations and principal activity are given in the Trustees. Report. The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been -& f tle,endad Practice prepad in accoraance witn Accountir]g diiu Repotfiiiig tskidfiiitss" S'iaiGfiiei Ik Ci applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) issued on 16 July 2014 (as updated though Updale Bulleting 1 published on 2 February 2016), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Practise as it applies fonn 1 January 2015. The charity has applied Update Bulletin 1 as published on 2 February 2016 and does not include a cash flow statement on the grounds thal it is applytng FRS 102 Section 1A. There are no material uncertainties about the charitys ability to continue as a going concem, despite the significant uncertainty being caused by the worldwide COVID-19 crisis. Whilst the Trustees expect Ihere to be an impact onb the charltys operation and reserves in the coming rnonths and years, the charity has sufficient reserves lo be able to meet these challenges. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the ne8red £. The significant accounting policies applied in the preparation of these financial ststements are set out below. These policies have been consistenlty applied to all years presented unless otrvIse (b) In prerIng the accounts, the truslees have considered whelher in applying the accounting policies required by FRS 102 and the Charilies SORP FRS 102 a restatement of comparatives was needed. No restatements were requlred. {c) Income from donations is included in incoming resources when these are re1Vable, except as follows: l. When donors specify that donalions glven to the charity musl be used in future accounting peiiods, the income is deferred unlil those periods; 11. When donors impose conditions which have to be fulfilled before the charity becomes entitled to use such income. the income is deferred until the pre-conditions have been met. On receipl, donated goods are recognised on the basis of the values of the gift to the charFty which is the amount the charity would have been willing lo pay to obtain goods of equivalent economic benefit on the open market,. a corresponding amount is then recognised in the expenditure in the period of reIPt. (d) Grants, including grants for fixed assets, are recognised within the accounts as they become reivable. Grants received in the accounting period in respect of future accounting periods are deferred until those periods. All material grants are disclosed in accordance with the Ststement of Recommended Practice. (e) Resources expended are accounted for on an accruals basis and have been classified under headings that aggregate all costs related to the category. Resources expended are stated gross of VAT. (f) Fundraising costs are those incurred in running events to raise funds and in seeking voluntary Contribulions. They do not include the costs of dlssemlnating information in support of the charitable activitles. Support costs are those costs incurred directly in support of the objects of the charity. 13
Docusign Envelope ID.. BOCC7927-AE9545FA_BE6>4CC93FA017BC COETIR ANIAN (CAMBRIAN WILDWOOD) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 1 Accounting policles (g) Direct costs are allocated on an actual basis to the activities. Support costs are allocated on the basis of actual use of the resources. Govemance costs include the costs relate to meeting the constitutional and statutory requirements. (h) Depreciation is calculated so as to write off the cosl of an asset, less its estimated resldual value. over the useful economic life of thal asset as foll0v. Land and Buildings - No Depreciation charged during the year as this was slill in construction at year end. Plant and machinery - 250/0 reducing balance Office equipment - 25tslo reducing balan Fumiture and Fittlnqs - 25 % reducing balance Fixed assets costing more than £500 have been capitalised at cost. (i) Unrestricted funds can be used in accordan with the charitable objects al the discrelion of the Trustees. ') Restiicted funds can only be used for particular restrlcted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Expenditure which meels these criteria is charged to the fund. together with a fair allocation of support costs. Further explanalion of the nature and purpose of each fund is Included in the notes to the financial statements. 2 Income For the year ended 31 March 2024 Unrestricted Restrlcted 31-Mar-24 31-Mar-23 AS RESTATED Land Donations Other donations CAF Grant Welsh Goverpment: SMS Welsh Govemment= Glastir Advanced Welsh Govemment-. Basic paymenl National Peatlands Action programme Summer of Fun, Comic Relief et¢ Wild Isles Nature Networks Fund, Waterloo Foundatio The Woodland Investment Grant Wales Council for Voluntary Action Principality Esmee Fairbairn strateglc review Esmee Fairbairn, postcode Cornmunity Tru: Employers Allowance Other income 854 854 28.105 954 10,377 (10,418) (6,277) 10,180 {16,695) 10,180 22,620 15,818 29,605 12,570 21,809 14,844 11.720 22,620 15,818 14,880 142.565 45,231 36,223 10,000 6,721 14,880 142,565 45,231 36,223 10,000 6,721 46,667 5,000 1,869 46,667 5,000 1,869 5,000 3,188 109,661 260,377 370,038 110,067 14
Docusign Envelope ID.. BOCc7927-AE95FA-8E684cc93FAO17Bc COETIR ANIAN (CAMBRIAN WILDWOOD) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 Forthe year ended 31 March 2023 Unrestrlcted Reslricted 31.Mar-23 AS RESTATED 314Aar-22 Land Donations Other donations CAF Grant Welsh GovemTnent: SMS Welsh Govemment: Glastir Advanced Welsh Government: Basic payment National Peatlands Action programtne Summer of Fun. Comic Relief etc Other grants Employers AllowanGe other income 954 954 10,377 2,185 25,064 10,377 29,605 29,60S 12,570 21,809 14,844 11.720 74,936 12,580 21,503 12,570 21,809 14,844 11.720 5,423 5,000 5,000 3,188 3,188 250 47.944 62,123 110.067 141,941 15
Do¢usign Envelope ID.. BOCC7927-AE9545FA-8E634CC93FA017BC COETIR ANIAN (CAMBRIAN WILDWOOD) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 3 Charitable activities For the year ended 31 March 2024 Wages & salarles Dlrect costs Support cost 31ar-24 31.Mar-23 AS RESTATED Projects Governance 164.966 60,434 8.276 33.366 258,766 8,276 169,101 5.075 164,966 68.710 33,366 267,042 174,176 For the year ended 31 March 2023 Wages & salaries Direct costs Support cost 31-Mar-23 AS RESTATED 31-Mar-22 Projects Govemance 117,136 27,483 5,075 24,482 169,101 5,075 159,548 5,673 117,136 32.558 24,482 174,176 165,221 Allocation is based on actual costs incurred Support costs 2024 2023 AS RESTATED Other staff costs: recruitment, travel. training Premises costs: renl, electricity, cleaning Office costs: phone. internet, ICT. stationery, postage Other costs: insurance, bank charges, horse costs Depreciation 13,846 6,910 1,835 5,965 4,810 6,068 7,280 1,526 6,766 2,842 33,366 24,482 4 Govomance costs Unrestrlcted Restricted 34 ar-24 31-Mar-23 AS RESTATED Accountancy and bookeeping fees Independent examination fee 7,085 1,191 7,085 1,191 4.355 720 8,276 8,276 5.075 All expenditure on govem8nce costs in the year lo 31 March 2024 was out of unreslricted funds. 16
Docusign Envelope ID: BOcc7927-AE9545FBE634c¢93FAO17Bc COETIR ANIAN (CAMBRIAN WILDWOOD) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 5 Net Income for the year This 18 ststsd after charging: 2024 2023 AS RESTATED Independenl examiner's fees for independent examination - for other accountsncy services Depreciation 1,191 7,085 4,810 720 4,355 2.842 2 (2023.1) Trustees were paid £2,274 (2023: £1,000> for consultancy services provided to the charity durfng the year. Also £546.15 (2023:NIL) was paid for travel Costs and £54 (2023: £NIL) for out of pocket expenses. 6 Staff costs and numbers The aggregate payroll costs were: 2024 2023 AS RESTATED Wages and salaries Social security costs (Employer NICS) Pension 147,949 12,020 4.997 103,302 9.917 3,917 164.966 117,136 No employee received emoluments of more than £60,000. The lotal employmenl benefits received by key management personnel in the year We £nil (2023: £nil). The aveyge weekly number of employees during the year, calculated on the basis of full time equivalents, Was as follows: 2024 2023 No. No. Charitable activities 7 Taxation The charity is exempl from corporation tax on its charitable activities. 17
Docusign Envelope ID.. BOCc7927-AE9sFA-BE634cc93FAO17Bc COETIR ANIAN (CAMBRIAN WILDWOOD) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 8 Comparatlve Statement of Financial Activity figures Unrestrlcted Funds Restrfcted Funds YEAR ENDED 31-Mar-23 AS RESTATED Incomlng From: Donations Grants Other inGome 10,377 34,379 3,188 954 61,169 11,331 95,548 3,188 Totsl Incorne 47,944 62,123 110,067 Expenditure On: Charitable activitiès 91,051 83,125 174.176 Total ExpendSture 91,051 83,125 174,176 Net Incomal(expendlture) (43,107) {21,002} (64,109) Transfers between funds (11,071) 11,071 (54,178) (9.931) (64.1 Og) Total funds at start of perlod 143,235 140.450 283.685 Total funds at end of period 89,057 130.519 219.576 9 Tangibl• fixed assets Land & Bulld5ng Plant & Machlnery Office Equipment Furniture & Fixtures Tolal Cost At 1 April 2023 Additions Disp05als 81,793 15.888 11,246 (1,918) 6,895 907 2,555 107,131 12,153 (1,918) At 31 March 2024 81.793 25.216 7,802 2,555 117,366 Depreciation At 1 April 2023 Charge for the year Elirninated on disposal 9,797 3.975 (480) 4,628 793 2,387 42 16,812 4,810 (480) At 31 March 2024 13,292 5,421 2,429 21.142 Net book value At 31 March 2024 81.793 11,924 2,381 126 96,224 At 31 March 2023 81,793 6,091 2,267 168 90.319 18
Docusign Envelope ID.. BOCC7927-AE9545FA-8E634CC93FA0178C COETIR ANIAN (CAMBRIAN WILDWOOD) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 10 Intangible Assets Trademark Totsl Cost At 1 Aprll 2023 170 170 At 31 March 2024 170 170 Amortlsation At 1 April 2023 At 31 Iarch 2024 Net book value At 31 March 2024 170 170 At 31 March 2023 170 170 11 Debtors 2024 2023 AS RESTATED National Peatlands Actton Programme Woodland Trust Nature Networks Fund - May 2024 Stripe donattons 15,818 6,000 q5,206 84 37,108 12 Creditors: amounts falling due within one yèar 2024 2023 AS RESTATED Trade creditors Other creditors Taxation and social security Accru81s Deferred income 2,580 449 2,872 275 8,333 353 2,548 500 14,509 3,401 19
Docusign Envelope ID: BOCC7927-AE9&45FA-8E634CC93FA017BC COETIR ANIAN {CAMBRIAN WILDWOOD) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 13 Movement in funds At 01-Apr-23 AS RESTATED Incoming resources Outgolng resources Transfers 31.Mar-24 Restrlcted funds Land Fund The Beryl Thomas Animal Welfare Trusl Summer of fun Sustainable Management Scheme Glastir Advanced Comic Rellef Child Development Fund National Peatlands Adion Project North Wales Wildlife Trust Nature Networks Volunteering Wales { WCVA) grant Principality Grant The Woodland Investment Grant Wlld Isles Crowdfund Esmee Fairbaim 71.940 854 72,794 5.000 114 (5,000) (114} 6,277 23,013 4,072 (6,277} 10,180 (25,345) (4,072) (1,573) 7,848 1,573 13.580 (13,580> 4.950 (3,782} (92,650) (17,779) (6.181) (18,487) {31) (6.765) 1,168 49,915 142.565 36.223 18,444 3,819 10,000 45,231 14,880 6,721 26,744 14,849 44 130,519 260,377 195,359 44 195,581 Unrestricted funds General funds 89,057 109,661 {71,683) (44) 126,991 89,057 109,661 71,683 44 126.991 Total funds 219,576 370,038 267,042 322,572 The Transfer of £44 was to clear the defecit on the Esrnee Fairbaim Fund. 20
Docusi9n Envelope ID: BOCC7927_AE9H5FA-BE634CC93FA017BC COETIR ANIAN (CAMBRIAN WILDWOOD) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 Prior Year Comparatlve {as reststed) Incoming resources Outgoing resources At 31-Mar-23 01-Apr-22 Transfers Restricted funds Land Fund The Beryl Thomas Anirnal Welfare Trust Winter of Wellbeing Summer of fun Sustsinable Management Scheme Glastir AdiRnced Povrys Summer of Comic Relief Child Development Fund Nallon81 Peatlands Action Project North Wales Wildlife Trust Employment Allowan 70.986 7',,940 5,000 1,733 114 5,000 (1,733) 114 36,350 2f .267 29,605 {70,749) (3.254) (1,124) 11,071 6,277 23,013 1,124 4,072 4,072 1,573 1,573 14,845 (1,265) 13,580 4,950 4,950 5.000 (5,000) 140,450 62.123 (83,125) 11,071 130,519 Unrestricted funds General funds 143,235 47,944 (91,051) (11,071} 89,057 47,944 91,051 (11,071) 89,057 Total funds 283,685 110,067 174,176 219,576 13 Movement in funds {Contlnued) Raslricted Funds Land Fund . These are donations received by charlty to enable the purchase of18nd. The Beryl Thomas Anlmal Welfare Trusl - The grant was given to fund the Red Squirrel and Water Vole introduclion work. Sustainable Management Schemo- This fund is for ongoing work In relation to the Cambri8n WildvKiod project which Is grant funded by Welsh Govemment Rural Communities. Glastir Advanced - Welsh Government agri-environment scheme with capital and revenue elements. Esmee Fairbairn grant - Consultancy funding for a strategic review of the organisation. The Woodland Investment Grant- Improvement and extension of natlve woodland and wood pasture on the site at Bwtch Corog and Improving public access, also improving educattonal facilities. 21
Dowslgn Envelope ID.. BOCC7927-AE9MSFA-BE634CC93FA017BC COETIRANIAN (CAMBRIAN WILDWOOD) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 13 Movemenl In funds {Contlnued) Nature Networks Fund . this funding supports Coetir Anian to deliver. Habttat connectivity and biodiversity. moth survey, camera traps, sphagnum planting, grazing. tree planting and larch thinning in tandem with The Woodland Investment Grant (TWIG), increasing native woodland and wood pasture. lichen survey. introduction of red squirtels and water voles. improving relations with neighbouiing land ¢xvners- Landscape Partnership, Peatland restoration in tandem with National Peatlands Action program - resloring Peat bog as a carbon sink, improving soil and water quality. Improving aCsS and community engagement- tiny tols and primary schools nature activity and education, paths and walkways. improve access especially for those less advanlaged, access to cultural heritage - To this fyJnd NNF funds Coetir Anian stsff - Project manager 113, Educalion and Community manager'/4 and Habitats and Species manager 213 and specific project costs. Volunteering Wales ( WCVA) grant- The purpose of this grant is to fund school Nature Ambassadors projects and volunteer work days and to cover appropTiate Iraining for Coetir Anian staff in Mental Health awareness, safety and supervision. Prlncipality Grant- The purpose of this grant is to fund all project costs relating to the Wild Days Out program for vouno people. Wild Isles Crowdfund . Wild Isles funds asylum seekers and refugee activities. 14 Analysis of unrestrfcted net assets At 31 March 2024 Tangible Fixed assets Other Net assets Total Restricted funds Unrestricted fvnds 195,581 30,767 195,581 126,991 96,224 96.224 226,348 322.572 At 31 March 2023 Tangible Fixed assets Other Net assets Totsl Restricted funds Unrestrlcted funds 130,519 (1,262) 130,519 89,057 90,319 90,319 129.257 219.576 22
Docusign Envelope ID, BOCC7927_AE9545FA-BE634CC93FA017BC COETIR ANIAN (CAMBRIAN WILDWOOD) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 The Following page do not forn) part of the statutory financlal ststements for the year ended 31 March 2024 as covered by the Independent examiners report on page 11 23
Do¢u5ign EnveFope ID.. BOcc7927-AE9545FBE634cCg3FAO17Bc COETIR ANIAN (CAMBRIAN WILDWOOD) DETAILED STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 MARCH 2024 YEAR ENDED YEAR ENDED 31-Mar44 314Aar-23 AS RESTATED INCOME Restricted donatlons: Land donations Restricted donations: Wild Isles Unrestricted donalions., Other donalions Restricted grants . Sustainable Management Scheme Restricted grants: Nature Networks Fund, Waterloo foundatii Restricted grants: The Woodland Investment Grant Restricted grants: Welsh Govemment Glastir Advanced Restricted grants: National Peatlands Action Program Restricted grants: Wales Council for Voluntary Action Restricted grants: Principality Restricted grants: Esmee Fairbairn strategic review Restricted grants: Summer of Fun. Comic Rellef etc Unrestricted grants: Welsh Government Baslc PaJTrient Employers, Allowance Unrestricted grants: Esmee Fairbairn, Postcode Community ' Other Income TOTAL INCOME 854 14,880 28,105 (16,695) 142,565 45,231 10,180 15,818 36,223 10,000 6,721 954 10,377 29,605 12,570 14,844 11,720 21,809 5,000 22,620 5,000 46,667 1,869 370,038 3,188 110,067 EXPENDITURE ON: Charitable ActNltles Wages and salaries Employers NIC Employers Pension 147.949 12,020 4.997 164,966 103,302 9.917 3,917 117,136 Dlrect Costs Materials + Camp food + Trees Equipment + Tools Contractors + Consultants Marketing 7,150 6,015 45,635 1.634 60,434 3,100 1,165 22,196 1,022 27,483 Support costs Recruitment Travel ICT + Intemet + Phones Stalionery + Postage Premises expenses Charges: Bank charges + Paypal fees Training Insurance + DBS checks Horses.. Vet + Transport + Feed + Meds Depreciation 1,048 8,874 1,314 521 6,910 498 3,924 3,894 1.573 4,810 33,366 1,011 4,457 1,148 378 7,280 518 600 3,435 2,813 2.842 24,482 24
Docusign Envelope ID.. BOCC7927-AE9545FA4E634CC93FAO17BC COETIR ANIAN (CAMBRIAN WILDWOOD) DETAILED STATEMENT OF FINANCIAL ACTIVITIES (contlnued) YEAR ENDED 31 MARCH 2024 Govemance Costs Legal Fees Accountancy and Payrol fees Independent examlners fee 7,085 1,191 8,276 4,355 720 5,075 TOTAL EXPENDITURE 267,042 174,176 NET INCOMEI{EXPENDITURE) 102,996 (64,109) FUNDS BROUGHT FORWARD 219,576 283,685 FUND CARRIED FORWARD 322,572 219,576 25