Do¢usign Envelope ID.. FDDE914D4639476B-9AE347C4EB568204 COETIR ANIAN (CAMBRIAN WILDWOOD) ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 Charity Number 1158185
Do¢u8ign Envdepe ID: FDDE9l4D4639476B-gAE7C4EB5682O4 COETIR ANIAN (CAMBRIAN WILDWOOD) FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 Contents Pages Reference and administrative inforniation Trustees, Annual Report 3to10 Independent Examiner's Report Statement of Financial Activities 11 12 Balan sheet 13 Notes to the financial statement5 14to24
Docusign Envelope ID.. FDDE914D-8639476B-9AE347C4EB568204 COETIR ANIAN (CAMBRIAN MLDWOOD) REFERENCE AND ADMINISTRATIVE INFORMATION YEAR ENDED 31 MARCH 2025 Status Coetir Anian (Cambrian Wildwood) is a charitsble incorporated organisation registered with the Charity Commission of England and Wales on 8th August 2014 (Number 1158185). The Charity Commission is a national organization which regulates Gharities such as Coètir Anian. Working Names: Cambrian Wildwood Trustees The Trustees (who are directors for the purpose of company law) who served during the year and since the year end were as follows: Dr Joseph Comelius Ellis Hope Nicola Hart Mat Mitchell Nicola Charfesworth 8Sc (resigned December 2024) Kara Moses BS¢ (resigned December 2024> Wendy Elizabeth Joss (resigned April 2025) Jonathan Walker Simon Ayres Msc Deb Joffe (Appointed June 2025) David Bavin (Appointed June 2025) Claire Martin (Appointed June 2025) Alexandra Hamer (Appointed June 2025) Daniel Westbury (Appointed June 2025) Amy Goodwin (Appointed June 2025) istered office Unrt 6F, Cefn Llan Science ParK Aberystwyth, Ceredigion, SY23 3AH Inde ndenl Examlner Joanna Roderick ACA, WJ James & Co, Bishop House, 10 Wheat Streel. Brecon, Powys LD3 7DG Bankers CAF Bank, 25 Kings Hill Avenue, Kings Hill. Wesl Malling , Kent ME19 4JQ
Docusign Envelope ID.. FDDE914D_8639476B_9AE347C4EB568204 COETIR ANIAN (CAMBRIAN WILDWOOD) TRUSTEES ANNUAL REPORT YEAR ENDED 31 MARCH 2025 The Trustees have pleasure in presenting their report and the financial statements of Coetir Anian for the year ending 31 March 2025. Objects The Objects of Coetir Anian are To promote the conservation. protection and improvement of the physic81 and natural environrnent by promoting biological diversity, for the benefit of the public. To advance the education of the public in the conservation, protection and improvement of the physical and natural environment, and deepen their connection and appreciation of it. Aclivlties and Funding for the year 202&2025 In 202kP5 we undertook the second and final year of a suite of 2-year projects, wfth funding from: Nature Networks Fund, The Woodland Investment Grant (TWIG), Esmée Fairbaim Foundation, National Peatland Action Programmè. Volunleering Wales Grant Scheme (WCVA), Garfield Weston Foundation. Postcode Community Trust, Woodland Trust. Welsh Government. Waterloo Foundalion. Our work is mainly funded by grants, which means the support of funders is essential to everything we do. Without 9rant funding, we simply would not be able to deliver our conservation projects. education programmes, or community activities. Every grant we re1ve directly enables us to restore habitats, connect people with naturg. and make a positive impact in our local area. We are deeply grateful to al our funders for making this work possible. The main aims for the year were: Ongoing habitat restoratior7 at Bwlch Corog including increasing native woodland cover across Bwlch Corog, restoring conifer woodland to native species. restoring blanket bog and heathland habitats, conserving and reston'ng native fauna and flora and enabling public access. Enabling education, nature connection, and wellbeing for a wide range of people, especially those wtlh limited access to nature and the community local to the site. Developing partnerships with immediate neighbouring landowners for the benefit of nature across the wider landscape. Governance Two trustees, NipA)la Chadesivorth and Kara Moses. retired at the December 2024 AGM. and one trustee, Wendy Joss. resigned al the end of the financial year April 2025. We would like to thank them for their hard wotk over a number of years. A process for trustee recruitsnenl began in March 2025. Three sub-groups continued to meel regularly and report to the Board: Finance & Governance. Land Management,. Education & Community. A schedule of delegation to Ihe Director was in place.
Docusign Envelope ID: FDOE914D-8639476&9AE&47C4EB568204 COETIR ANIAN {CAMBRIAN WILDWOOD) TRUSTEES ANNUAL REPORT YEAR ENDED 31 MARCH 2025 Strategy and Development 2024-5 VRS the first year of our new and recently developed strategy and 10-yaar action plan. Progress has been made towards all targets in our action plan. The strategy sets four priortties: Restoring habitats and species Connecting people and nature Sharing stories of the land Sustaining our Organisation Reserves Trustees have committed to aiming for a minimum level of reserves 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 on 31 March 2025 were £132.538, which is 7.13 month's Core Costs. Land Woodland and wood pasture Tree plantlng continued in early 2025, with 388 native trees planted across our land, including g4 protected within caclus gu2rds sturdy metal mesh cylinders that shield young trees from grazing animals. These scattered plantings will boost tree cov8r in the years ahead and provide a vital seed source for future tree regeneration. All Irees were grown from loGally sourced seeds, mainly from Ceredigion, with crab apple saplings raised from our ancient tree at Bwlch Corog. We managed the larch plantation by thinning and high pruning, following our planned schedule. This work encourages native tre8s and woodland ground flora to grow. The ground layer now supports a variety of native shrubs. such as bilberry, and native saplings like oak are naturally regenerating. Thinning the larch has let in more light. giving these young trees the best chance to flourish. The larch timber was extracted, split and stored to season for use as firewood for campfires and the wood stove. In early 2025. a mobile sawmill visited the site and processed some of the larch into planks, which we used to clad a storage container and woodshed - making practical use of our own resources. Peatland Restoration In autumn 2024, we mowed 5 hectares of land, includlng trails and new trial patches, to encourage a wider range of plants and habitats. Where we have cut trails before, we are already seelng more diverse habitat developing. In summer 2024, 12 Highland and We15h White cows graz8d the site. Their grazing helps create a mix of habitats on the uplands and keeps the ground cover in the woodland under control. We also conlinued our work to restore and diversify bog areas that were cleared of old vegetation in 2022. Following successfvl sphagnum moss planting in 2023, we planted 2552 Gross-leaved heath (Erica tetralixl plug plants and ling heather (Calluna vulgaris) seeds. both gathered from our own sile, in autumn 2024. The plug plants are thriving. and this work is buildiiig a healthy bog thatwill lock away more carbon and continue to help our wetland habilats thrive.
Docusign Envelope ID.. FDDE914D4639476B-9AE347C4EB568204 COETIR ANIAN (CAMBRIAN WILDWOOD) TRUSTEES ANNUAL REPORT YEAR ENDED 31 MARCH 2025 Grazing Grazing by horses and cattle is central to restoring the upland heath at our site. Their grazing encourages the return of heather, bilbery, and a mix of diverse mosses and flowers. Areas of acid grassland that have been favoured by the herbivores have become diverse pastures. now rich in flowering plants. In 2024-5, we paused pony grazing and focused on targeted grazing with a herd 12 of Highland and Welsh White cattle, present from 1 May to early November. Thls year. we introduced No-Fence collars, electric collars that use sound to keep cows within virtual boundaries. This lechnology lets us guide the Gatlle to graze specific areas, keep them out of hazardous areas like deep bogs, and learn more about their grazing habits. By using targeted grazing and new technology. we're helping rare upland habitats reGover while protecting vulnerable areas and improving our understanding of Ihe land. Bracken man8gement Bracken was cleared from paths. camping areas, and around young trees. BRcken often spreads in places that used to be woodland and can becorne so dense thal tt smothers other plants and stops young trees from growing. To tackle this. we used several methods to redu bracken density and restore balance. In 2024, volunteers. stsff and contractors dedicated 286 hours to clearing bracken and bramble by hand. using tools like scythes. We also tested mechanical methods, using a tractor with a topper and working horses pulling a bracken roller. The horses proved mosl effective. reaching steep slopes that tractors couldn't access. Because of this success, we plan to use horses again for bracken management in 2025. By Gombining traditional skills, community effort, and practical trials, we are making real progress in keeping bracken under control 8nd givlng young trees and other plants the Spa they need to thrive. Our restoration work directly supports climate action as well as biodiversity. By restoring peatland and planting native trees, we are increasing the site's abilty to store carbon and help reduce the impacts of climate change. Using locally sourced seeds and materials, and trialling low-impact methods such as working horses for bracken control, further reduces our environmental footprint. Volunteers This year, we hosted 23 volunteer workdays at Bwlch Corog. Volunteers took part in a wide range of activities. in¢luding tree planting. bracken slashing, cleadng bramble from footyaths, splittlng firewood, carrying out vegetation and tree suNeys, collecting native tree seeds, and planting cross-leaved heath and heather. We also ran a training day to teach volunteers how to use 8 Scythe. Our volunteer team was made up of local people, a regular group of asylum seekers and refugees from Wolverhampton City of Sanctuary and students from Aberystwyth University Student Conservation Volunteers, who brought 15 people to our January workday. Young people in our Nalure Ambassadors group (ages 12-17) also got involved, volunteering for two hours each time they visited. Volunteers not only contribute th8ir time but also gain valuable skills. This year, we provided training in traditional land management techniques, such as scything, and offered hands-on experience in conservation tasks. These opportunities help volunteers build confidence, leam practical skills. and
Docv8ign Envetope ID.. FDDE9l4D.8637sB-9AE347c4EBs692O4 COETIR ANIAN (CAMBRIAN WILDWOOD) TRUSTEES ANNUAL REPORT YEAR ENDED 31 MARCH 2025 develop a deeper connection to the land. By VlcoM1ng p*)ple from different backgiounds and age groups, we are building a strong communty around our work. Wider landscape impact and partnerships As part of our NNF project, we began working with neighbouring landowners to build a partnership focused on improving nature across several properties. Thls year, the partnership went from strength to strength, with 15 meetings held and a larger gathering to which other local landowners were invited. W8 completed two funded projects to support this collaboration. The first W88 a Peatland Development grant, which funded surveys and restoration plans for peatland on two neighbouring sites, completed by January 2025, The second was a Development Grant for an Inlegr8ted Natural Resour$ Scheme {INRS} project. Over three months in early 2025. we worked closely with partners to plan and submit a bid for a larger Delivery Phase project, which we hope will come to fruilion in 2026, Together, the group of landowners manages 565ha. By joining forces. we Gan make a bigger drfference for wildlife and habitats across the landscape. In 2024, we remained active members of the Tir Canol partnership and the Dyfi Biosphere network. connecting with other landowners and Gommunity groups working for th8 benefit of nature and people in the local area. In addition. we received funding from the Ceredigion Local Nature Partnership and WCVA, helping us to keep building strong links and delNer more for people and wildlife locally. We Continue to work in partriership with our landlords, Coed Cadw (The Woodland Trust), through joint meelings held every 6 months, and through hosting site vistts for Woodland Trust peThnn81. Education and Community We continue to support the local economy by engaging local contractors and educators for camps and events. and by processing materials on-site for use in our infrastructure projects. Our work with neighbouring landowners, local scl)ools, and Comrnunity groups strengthens wcial ties and brings wider benefits to the 8rea. Prlmary schools Our prlmary schools programme offers nine local primary schools the chance to bring their Year 4 pupils. or all Kay Stage 2 pupils in 5mallersGhools, to our srte for seri8s of outdoor learning eXperIenS over three years. With repe8ted visits to our site, pupils get to know the land and nature more deeply, building a sense of place and ¢onneclion. We design activities that build on what pupils have leamed before, helping them develop a stronger understanding of the natural wodd. This lasting connection with nature is proven to support mental health and wellbeing. All our sessions reflect and enhan the national curriculum. tnaking sure the learning is relevanl and meaningful. A key part of the programme is funding for transport, which school staff say is vital. With travel cost5 rising. rnany schools 8re having to cut back on trips. so this support means puplls can still enjoy valuable leaming outside the classroom. During their visits, pupils take part in habitat days to explore our woodland, tree planting days. and wild living days where they leam fire skills (collecting natural materials for tinder, using a flint and steel, how to lay, lighl and then put out a fire safely). forage for food. and cook over a campfire. These hands-on
Docusign Envelope ID.. FDDE9l4D46376B-9AE347C4E8S682D4 COETIR ANIAN (CAMBRIAN WILDWOOD) TRUSTEES ANNUAL REPORT YEAR ENDED 31 MARCH 2025 experiences help children learn new skills, grow in confiden, and develop a lifelong connection with nature. N8ture Ambassadors In 2023, we launched a n8w programme for children of secondary school age, supported by WCVA funding. Groups of up to 15 young people aged 12-17 join us for six weekly day visits to our site, taking part in activities like nature art, bushcrafl, as well as tying out volunteering and contribuling to the work of our project. Volunteering tasks have included tree planting, firewood stacking. bracken bashing. sphagnum moss planting, and monitorlng young trees. This programme continued through 2024-25. with 61 pupils from Penglai5 School AberySl, Ysgol Bro Hyddgen Machynlleth, and Ysgol Penweddig Aberystwyth taking part. Many of the young people had additional learning needs or disabilities. Teachers have told us that pupils benefit greatly from these sessions. growing in confidence as they leam new skills and spend time outside in nature. The Nature Ambassadors programme is helping more young people Gonnecl with nature. conlrlbute to conservation. and diswver their own strengths. Youth camps In June and July 2024, we ran two youth camps, one for six young carers with the charity Credu, and another for seven young refugees supported by the Ethnic Youth Support Team (EYST) from Powys. Local contractors led the camps with help frorn our education team. ActÉvities included fire making, foraging, filleting fish, spoon carving, mindfulness, nature awareness, singing. river walking, sleeping out under the stars and much more. Feedback from participants is always very positive - these camps offer powerful, memorable experiences for the young people involved. Tiny Tots sessions Our Tiny Tots Nature Group welcomed 12 families for four sessions in summer 2024. Families with young children enjoyed nature-based activities such as pond dipping, building birds, nests. a spring treasure hunt, and leaming about buttefflies, trees and woodland. Refreshments were prepared over a Gampfire, and many sessions included arts and crafts designed for pre-schoolers. inter Days Out and Youth Involvement In 2024. our Wild Days Out crew - made up of local young people aged 12-16, some of whom have been with us for five year5 - enjoyed an ovemight summer camp. In February and March 2025. we held four Winter Wild D8ys Out Saturday sessions, each with 16 participants. Activities ranged from campfires and bushcraft to tree planting, giving yourig people a chance to learn new skills and enjoy the outdoors together. Refugee Actwity Days With support from the Wild Isles Appeal. we hosted two refugee family activity days and an ovemight camp in partnership with City of Sanctuary from Wolverhampton. Around 20 people attended each event. taking part in a variety of nature-based activities. learning new skills. and having fun together in a welcomirTg environment. University visits Several universities brought student groups to Bwlch Corog to ream about our conservation work. VisTtors included conservation and forestry students from Bangor Universty, biological science students from Aberystwyth University, the Geography Department from Cardiff University, and Msc students from the Centre lor Altemative Technology. These visits gave studenls handSn experience and insight into practical conseivation, habitst restoration, and sustainable land Inanag&ment.
Docusign Envelo ID: FDDE9l4D4637GB-9AE7C4EB5G8204 COETIR ANIAN (CAMBRIAN WILDWOOD) TRUSTEES ANNUAL REPORT YEAR ENDED 31 MARCH 2025 Community Events Open Day Our annual open day was held at Bwlch Corog on Saturday 18th May, welcoming around 22 vlsltors. AGtlvities included a moth identification survey. a woodland bird walk, and a peatland discovery walk on our uplands, giving guests a chance to explore and learn about the site's wildlife and habitats. Tree Seed Day On 27th September, we hosted our annual tree seed saving event. with £round 21 participants. Alan from Purple Trees Nursery joined us as a guest speaker, leading a w81k to collect acorns, crab apples and birch seed, and sharing his knowledge about nalive trees and seed colleclion. BiolurninesGence Walk On 12th November 2024, 31 people joined a bioluminescen walk led by David Atthowe of Reveal Nature. Participants experienced the wonder of natural light in the landscape and learned about the science behind bioluminescen. Storylelling Event On 9th February 2025, we held an early spring storytelling event in the roundhouse. led by Milly Jackdaw. Seventeen people attended, pnjoying stories that brought the season and the landscape lo life. Shared Learnlng and vlsits A number of universities sent groups of students to visit and learn about our work. These included Bangor University conservation and forestry students. Aberystwyth University biological science students, Cardiff Univ8rsity Geography Departmenl, and the Centre for Alternative Technology Msc group. Communicatlons We continue to maintain and develop our website: htt :lkn.coetlranlan.or htt :Ilwww.cambrianwildwood.or Regular social media posts kept our audiences updated with project news, event publicity, and photos of the site and activities. We also published and distributed paper newsletters twice a year to the Glaspwll local community, ensuring sIdentS stayed infomied and connected to our work. Public benefit considerations." Vhat is the charity's purpose? The charity's objects or purpose is to promote the conservation, woteGtion and improvement of the physical and natural environment by promoting biological diversity, for the benefFt of the public. How is this purpose beneficial? This purpose is beneficial because land managed by the charity provides many serVIS for the publiG, in particular biodiversity. public access, 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
Docusign Envelope ID.. FDDE9l486J76B-9AE347e4EBS682O4 COETIR ANIAN (CAMBRIAN WILDWOOD) TRUSTEES ANNUAL REPORT YEAR ENDED 31 MARCH 2025 have open access to the land and are able to enjoy the scenery and wildlife, and benefit from the olher ecosystems services. Participants on the education programmes enjoy the specific benefits developed for these benefiGiaries. How the trustees will further the charity's purpose for the public benefrt? The trustees will fvrther the chanty's purpose for the public benefit by raising Money to further the organisation's charitable objectives, managing the land and running projects to rastore natural habitats and wildlrfe, enabllng the public to access the land, and maintaining and expanding the education and wellbeing programmes. Trustee induction and training The Charity provides an induction program for 211 new Trustees to fully equip them with the informalion 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 constitutlon, CIO'S Latest Trustees Report and accounts. In addition the Charity provides ICT Training to all new Trustees.
Do¢usign Envelope ID.. FDDE9140-86394788-9AEN7C4EB568204 COETIR ANIAN (CAMBRIAN WILDWOOD) TRUSTEES ANNUAL REPORT YEAR ENDED 31 MARCH 2025 ststement of Trustees. Responsibiltties The trustees are responsible for preparing the Trustees, Annual Report and the financial statemerrts in accordan wÉth applicable law and United Kingdom Accounting Standards (United Ktngdom Generally ACpted Accounting Practice). The law applicable to charities in England & Wales requires the trustees to prepare financial ststements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resourGes and application of reSoUS of the charity for that period. In preparing these financial statements, the trustees are required to: select suitable accounting policies and then apply them conslstently. observe the methods 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 disdosed and explained in the financial statements. prepare the financial statements on the going concem basis unless it is inappropriate to presume that Ihe charity will continue in operation. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy al any time the financial posrtion of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities {Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hen for taking reasonable steps for the prevention and detection of fraud and other irregularilies. Signed by order of The Trustees Dr Joseph Cornelius Ellis Hope Chair 2B5493B6237140E... DATE: 271112026 10
Docusign Envelope ID.. FDDE914D.863769AE347c4EBsG82O4 COETIR ANIAN (CAMBRIAN WILDWOOD) INDEPENDENT EXAMINER'S REPORT YEAR ENDED 31 MARCH 2025 I report lo the charity tTUStees on my examination of the accounts of the charity for the year ended 31 March 2025 which are set out on pages 12 to 22. Responsibllitles and basls of report As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Acf). I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 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 seclion 145 of the 2011 Act. l Gonfirni that l am qualified to undertake the examination because l am a member of Institute of chartered accountants, which is one of the listed bodies. I have completed my examination. I confirm Ihat no material matters have come lo my attention in connection with the examination giving me Cause to believe that in any material respect: accounting records were not kept in respect of the charity as required by section 130 of the Act., or the accounts do not accord wrth those COrds. or the accounts do iiot comply with the applicable requirements concerning the fom and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view, which is not a matter considered as part of an independent examinalion. I have no ¢oncems 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, fyM(oArt Joann8 Roderick ACA WJ James & Co Bishop House 10 Wheat Street Brecon Powys LD3 7DG Uf l-:1
Docusign Envelope ID.. FDDE914D.86394768.9AE347C4EB568204 COETIR ANIAN (CAMBRIAN WILDWOOD) STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 MARCH 2025 Unrestrlcted Funds Restricted YEAR ENDED YEAR ENDED Funds 31-Mar-25 31-Mar-24 Note Incoming From: Donations Grants Other income 9,748 84,681 1,746 690 227,789 10.438 312,470 1.746 28,959 339.210 1,869 Total Incorne 96,175 228,479 324,654 370,038 Expendlture On: Charitable actNities 100.007 204.727 304,734 267,042 Total Expenditure 100,007 204,727 304,734 267.042 Net Incomel{expenditure) (3,832) 23,752 19,920 102.996 Transfers belween funqls 13 (3:Llq?) 23.752 19,920 102,996 Totsl funds at start of period 126,991 195,581 322,572 219,576 Totsi funds at end of period 123,159 219,333 342,492 322,572 The Charity has no recognised gains or losses other than the results for the year as set out above. All of the activities of the charity are classed as continuing The comparative fvnds are detailed in note 8 The notes on pages 14 to 22 form part of these financial statements 12
Docusign Envelope ID.. FDDE914D-86394768-9AE347C4EB588204 COETIR ANIAN (CAMBRIAN WILDWOOD) BALANCE SHEET AS AT 31 MARCH 2025 31-Mar-25 31-Mar•24 Note Flxed Assets Tangible assets Intsngible assels 116,160 16,583 96,224 170 qo Current Assets Livestock at Lost Debtcrs Cash at bank 11 12 3,660 65,743 273,188 342,591 37,108 203.579 240,687 Creditors . Amounts falllng due within one year Net Current Assets 13 (132,842 209,749 14.509 1 226,178 Net assets 342.492 322,572 Funds Unrestrlcted funds General funds Restricted funds 14 14 123,159 219,333 126,991 195,581 342,492 322,572 271112026 These financial statements were approved by the trustees on ..................2025 and are signed on its behalf by. Si9n•d by.. Dr Joseph comeylus Y4ope Chair Is Chairperson The notes on pag•s 14 to 22 fomi part of these financial statements 13
DOIgn Envelope ID. FDDE9146376B-9AE347C4EBS682O4 COETIR ANIAN (CAMBRIAN WILDWOOD) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 1 Accounting pollcies (a) The address of the registered Offi is given in the charity InfOnatIon on page 1 of these financial statements. The nature of the charivs operations and principal activity are given in the Trustees. Report. The charity constitutss a public benefit entity as defined by FRS 102. The flnanclal statements have been prepared in accordance with the Charitl8s SORP {FRS 102) 'Accounting and Reporting by Charities: Ststement of Recommended Practice applicable to charities preparing their accounts in aCrdan wtth the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). Financial Reporting Stsndard 102 The Financial ReFX)rting Standard applicable in the UK and Republic of Ireland. and the Companies Act 2006. There are no material uncertainties about the charity's ability to continue as a going COnrn, despite the significant uncertainty being caused by the vnrldwide COVID-19 Grisis. Whilst the Trustees expect there to be an impact on Ihe charity's operation and reserves in the coming months and years. the charity has sufficient reserves to be able to meet these challenges. The financial statements are presenled in sterling which is the functional currency of the charity and rounded to the nearest £. The signÉficant accounting policies applied in the preparation of these financial ststements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. (b) In preparing the accounts, the trustees have considered whether in applytng the accountlng policies required by FRS 102 and the Charities SORP FRS 102 a restatement Df comparatives was needed, No restatements were required. (c) Income from donations is included in incoming resources v4hen these are receivable, except as follows: l. When donors specify Ihat donalions given to the charity must be used in future accounting periods, the income is deferred until 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 receipt, donated goods are Tecognised on the basis of the values of the gift to the charity which is the amount the charity would have been willing to 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 receipt. {d) Grants. including grants for fixed assets. are recognised within the accounts as they become Ce[Vable. Grants received in the accounting period in respect of fLJtLJre accounting periods are deferred unlil those periods. All material grants are disclosed in accordan with the Statement of Recx)mmended Practice. (e) Resources expended a accounted for on an accruals basis and have been classlfied under headings ttiat aggregate all costs related to the category. Resources expended are slated gross of VAT. (fj Fundraising costs are those incurred in running events to raise funds and in Seeking voluntary Contributions, They do not include the costs of disseminating infonnation in support of the charitable activities. Support costs are those costs incurred dlrectly In support of the objects of the charity. (g) Direct costs are allocated on an actual basis to the activities. Support costs are allocated on the basis of actual u.8e of the SoUrCeS. Govemance costs Indude the o)sts relate to meeting the constitutional and statutory requirements. 14
Docusign Envelope ID.. FDDEgl4D4639476B_9AE7C4EBS682o4 COETIR ANIAN (CAMBRIAN WILDWOOD) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 l Accountlng pollcles (h) Deprecialion is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows.. Land and Buildings - 100/0 reducing balance Plant and machinèry- 250A reducing balance offi equipment- 25 /0 reducing balance Furniture and Fittj'ngs - 25°A reducinq balance Fixed assets costing more Ihan £500 have been capitalised at cost. (i) Intangible assets Land and environment enhanments are stated at cost less accumulated amortisation and accumulated impairment losses. EnhanMentS are arnortised over their estimated useful life al 10%, on a straight line basis. Where factors such as changes in markel price, indiGaie tliat residual value or useful Ilfe have changed. the residual value, useful life or amortisation rate are amended prospectlvely to reflect the new circumstances. The assets are reviewed for impaimient if the above factors indicate that the carrylng amount may be impaired. ti) Stocks Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow movina items. (k} Creditots Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amounl due lo settle the obligation can be measured or estimated feliably. Creditors are norrnally recognised at their settlement amount after allowing for anv trade discounts due. (l) Unrestricted funds can be used in accordance with the charitable objects at the discretion of the Trustees. (m) Restricted funds can onty be used for particular restiicted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular reslricted purposes, Expenditure which meets these crtteria is charged to the fund. together with a fair allocatton of support costs. Further explanation of the nature and purpose of each fund is induded in the notes to the financial statements. 15
Docusign Envelope ID.. FDDE914D4639476B-9AE&47C4EB568204 COETIR ANIAN (CAMBRIAN WILDWOOD) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 2 Income For the year ended 31 March 2025 Unrestrictod Restricted 31-Mar-25 31-Mar-24 Land Donations Other donations Welsh Govemment: SMS Welsh Govemment: Glastir Advanced Welsh Govemment." Basic payrnent National Peatlands Action programme Wild Isles Nature Networks Fund. Waterloo Foundatio The Woodland Investment Grant Wales Council for Voluntary Action Principality Esmee Fairbairn strategic review Esmee FairbaiTn Postcode Community Trust GaffjId Weston Employers Allowan Other income National Forest Pik)I Ceredigion County Council Peatland DeveEopment Grant 690 690 9,748 854 28,105 (16,695) 10,180 22.620 15.818 14,880 142,565 45,231 36.223 10.000 6,721 30,000 16,667 9,748 21,348 21,348 11,397 4,724 137,572 25,053 11,241 11,397 4.724 137,572 25.053 11.241 30,000 8,333 20,000 5,000 1,74 30,000 8,333 20,000 5,000 1,746 4,430 18,730 14,642 5,000 1,869 4,430 18,730 14,642 96.175 228.479 324,654 370,038 For the year ended 31 March 2024 Unrestricted Restricted 31-Mar-24 31-Mar-23 Land Donations Other donations Welsh Govemment: SMS Welsh Govemment: Glastir Advanced Welsh Govemment: Basic payment National Peatlands Action programme Summer of Fun. Comic Relief etc Wild IEles Nalure NeorkS Fund, Waterloo Foundatio The Woodland Investment Grant Wales Council for Voluntary Action Principality Esmee fairbaim strategic review Esrriee Fairbaim Postcode Community Trust Employers Allowance Other income 854 854 28.105 (16,695) 10.180 22,620 15,818 954 10.377 29,605 12.570 21,809 14.844 11.720 28,105 (10.418) (6.277) 10.180 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 30.000 16,667 5,000 1,869 30.000 16.667 5,000 1,869 5.000 3,188 109,661 260,377 37U,038 110,067 16
Docusign Envelope ID.. FDDE9148639476B-9AE347c4EBS682O4 COETIR ANIAN (CAMBRIAN WILDWOOD) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 3 Charltable activltles For the year ended 31 March 2025 Wages & salaries Direct costs Support cost 314lar-25 31-Mar-24 Projects Govemance 186.547 62,383 7.032 48,772 297,702 7,032 258,766 8,276 186.547 69,415 48,772 304,734 267,042 For the year ended 31 March 2024 Wages & salaries Direct costs Support cost 31-Mar-24 31-Mar-23 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 Allocation is based on actual costs incurred Support costs 2025 2024 Ixher staff costs: recruitment, travel, training Premlses costs: rent, electricity, cleaning Office costs.. phone, intemet, ICT, stationery. postsge Other costs.. insurance, bank charges, horse costs Depreciation & Amortisation 12,813 7,118 2,943 4,840 21,058 13,846 6,910 1.835 5,965 4,810 48,772 33,366 4 Governance costs Unrestricted Restricted 3q-Mar.25 31-Mar-24 Accountancy and bookeeping fees Independent examination fee 6.132 900 6,132 900 7,085 1,191 7,032 7.032 8,276 All expenditure on 9ovemance costs in the year to 31 March 2025 was out of unrestricted funds. 17
Docusfgn Envelope ID.. FDDE914D-8639476B-9AE347C4EB568204 COETIR ANIAN (CAMBRIAN WILDWOOD) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 5 Not income for the year Thls Is ststed after charging: 2025 2024 Independent examinerfs fees - for independent examination for other aGcountancy services Depreciation & amortisation goo 6.132 21,058 1,191 7,085 4,810 3 (2024.2) Trustees were paid £2,386 {2024: £2,274) for professional seN[S provided to the charity during the year. Also £Nlil {2024:£546.15) was paid for travel costs and £Nil (2024". £54) for out of pocket expenses. 6 Staff costs and numbers The aggregate payroll costs were: 2025 2024 Wages and salaries Social security costs (Employer NICS) Pension Secondment cost 140,725 13,690 5,473 26,659 147,949 12,020 4,997 186,547 164,966 No employee received emoluments of more than £60.000. The totsl remuneration and benefrts Teceived by key management personnel in Éhe year were £33.624 (2024.. £31,395). The average weekly number of employees during the year, calculated on the basis of full tirne equivalents. was as follows- 2025 2024 No. Charitsble actlvities 7 Taxatlon The charity is exempt from corporation tsx on its charitable activrties. 18
Docusign Envelope ID.. FDDE914D4639476B-9AE347C4EB568204 COETIR ANIAN (CAMBRIAN WILDWOOD) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 8 Comparat6ve Statement of Financial Activity figures Unrestrlctsd Funds Restrlcted Funds YEAR ENDED 31ar-24 Incoming From: Donations Grants Other income 28,105 79,687 1,869 854 259,523 28,959 339,210 1,869 Total Income 109,661 260,377 370,038 Expendlture On: Charitable activities 71,683 195,35g 267,042 Total Expenditure 71.683 195,359 267,042 Net Incomèl{expenditure) 37,978 65,018 102,996 Transfers between funds (44) 37,934 65,062 102,996 Total funds at start of period 89,057 130,519 219.576 Total funds at ènd of perfod 126,991 195,581 322,572 9 Tangible fixed assets Land Plant & & Building Machinery Office Equipment Furnlture & Flxtsjres Totsl Cost At 1 April 2024 Additions Disposals 81,793 15,625 25.216 20,603 7.802 2,293 2,555 650 117,366 39,171 At 31 March 2025 97.418 45.819 10,095 3.205 156,537 Depreciation At 1 April 2024 Charge for the year Eliminated on disposal 13.292 8.132 5,421 1,168 2,429 194 21.142 19,235 9,741 At 31 March 2025 9,741 21,424 6,589 2.623 40,377 Net book value At 31 March 2025 87,677 24,395 3,506 582 116,160 At 31 March 2024 81,793 11,924 2,381 126 96,224 19
Docuslgn Envelope ID.. FDoE914D_86394768_9AE7C4EBS68204 COETIR ANIAN (CAMBRIAN WILDWOOD) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 10 Intanglble Assets Land and Envlronment Trademark enhancements Total Cost At 1 April 2024 Additions Disposals At 31 March 2025 170 170 18,236 18,236 170 18,236 18,406 Amortisation At 1 April 2024 Charge for the year 1,823 1,823 At 31 March 2025 1,823 1.823 Net book value At 31 March 2025 170 16.413 16.583 At 31 March 2024 170 170 11 Livestock at cost 2025 2024 Ponies 3.660 3.660 12 Debtors 2025 2024 National Peatlands Action Programme Woodland Trust Nature NerkS Fund - May 2024 StrFpe donations National Forest Pilot Scheme The Woodland Investment Grant 11,397 15,818 8,000 15,206 84 24,775 88 4,430 25,053 65,743 37,108 20
Docusign Envelope ID: FDDE914tW39476B-9AE347C4EB568204 COETIR ANIAN (CAMBRIAN WILDWOOD) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 13 Credltors: amounts falling due wlthln one year 2025 2024 Trade creditors Other credttors Taxation and social security Accruals Deferred income 4,327 467 2,755 293 125.000 2,580 449 2,872 275 8.333 132.842 14,509 14 Movemant in funds At 01 Apr-24 Incorning resources Outgolng resources At 31-Mar-25 Transfers Restricted funds Land Fund Glastir Advanced National Peatlands Action Program North Wales Wildlife 'rrust Nature Nelworks Volunteering Wales ( WCVA) grant Principality Grant The Woodland Investment Grant Wild Isles Crowdfund National Foresl Pilot Ceredigion County Council Peatland Development Grant 72,794 7.848 690 73.484 {7,848} 11,397 (7,424) 3,973 1,168 49.915 1,168 68,513 137,572 (118:g74) 18,444 3,819 11,241 (27,164) 12,905) 2,521 914 26.744 14.849 25.053 4,724 4,430 (8,580) {12,006) (4,400) (4,936) (10,460) 43.217 7.567 18.730 13,794 4,182 14,642 195,581 228,479 (204. 1271 219,333 Unrestricted funds General funds 126,991 96,175 < i 00,00-i) 123,159 126,991 96.175 (100,OC71 123,159 Total funds 3?.2.572 324,654 304.7;3-1 342.492 21
Docusign Envebw ID: FDDE914D-86394768-9AE>47C4EB568204 COETIR ANIAN (CAMBRIAN WILDWOOD) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 Prior Year Comparative At 01-Apr-23 Incomlng resources Outgolng resources At 31-Mar-24 Transfers Restricted funds Land Fund The Beryl Thomas Animal Welfare Trust Summer of fun Sustainable Management Scheme Glastir Advanced Comic Relief Child Development Fund National Peatlands Action Project North Wales Wildlife Trust Nature Networks Volunteering Wales ( WCVA) grant Principality Grant The Woodland Investment Grant Wild Isles Crowdfund Esmee FaIalM 71,940 854 72,794 5.000 114 (5,000) (114) 6,277 23,013 4,072 (6.2.77) 10,180 {25,345) 14,072} (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 10,000 45,231 14,880 6,721 18.444 3,819 26,744 14,849 130,519 260,377 195,349 44 195,581 Unrestrlcted funds General funds 89,057 109.661 {71:883) (44) 126,991 89.057 109,661 71,ti83 .14 126,991 Tolal funds 219,576 370,038 267,042 322,572 The Transfer of £44 was to clear the defecit on the Esmee Fairbairn Fund. 14 Movement In funds (Continuèd) Restricted Funds Land Fund - These are donations recelved by charfty to enable the purchase of land. Thè Beryl Thomas Animal Wellare Trust- The grant was given to fund a study on the feasibility of Red Squirrel and Water Vole reintroduction. Esmee Fairbaim strateglc revlew grant - Consultsncy funding for a strategic review of the organisation.
Docu3ign Envelope ID: FDDE914D-8639470B-9AE7C4EB5682o4 COETIR ANIAN (CAMBRIAN WILDWOOD) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 14 Movement in funds (Contlnued) The Woodland Investment Grant (TWIG) - Improvement and extension of native woodland and wood pasture on the site at Bwlch Corog and improving public access, also improving educational and storage facilities. Nature Networks Fund - this fundin9 SUPPOrts Coetir Anian to deliver: Habitat connectivity and biodiversity; flora and fauna surveys, (induding birds, water voles, moths, vegetation and trees), grazing, tree planting and larch thinning in tandem wtth The Woodland Investment Grant (TWIG), increasing native woodland and wood pasture, developing a partnership with neighbouring farmers and landowners, peatland restoration in tandem with National Peatland5 Action Program - restoring Peat bog as a carbon sink. Improving soil and water quality and increasing biodiversity of vegelation. Improving a¢$S and communtty engagement - Tiny Tots toddler and parent sessions, Primary and Secondary schools nature activity and education, youth camps, communtty evenls, footpath ImpVernents, improving access especially for those less advantaged. To this end NNF part-funds Coetir Anian stsff - Project manager, Education and Community manager, Project Office, and Habttats and Species manager as well as 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 appropriate training for Coetir Anian staff in Mentsl Health awareness, safety and supervision. Principality Grant- The purpose of this grant is to fund all project costs relating to the Wild Days Out program for young people. Wild Isles Crowdfund - Wild Isles funds asylum seekers and refugee activities. National Forest pilot- This grant is from the Wales Council for Voluntary Organisations (WCVA) via the Ceredigion Local Nalure Partnership. Funds were for tree planting. running youth activity sessions, and hiring a mobile sawmill to create planking from larch timber. Natlonal Peatlands Action Program - NPAP These two grants were for 1. restoring our pealland and 2. to conduct peatland and ewlogical surveys on neighbouring landholdings. Ceredigion County Council- two grants which were funded via Ceredigion County Council: 1. A grant from Local Places for Nature, which funded the purchase of a mower and some rnink traps. 2. The National Forest Pilot as described above came vla Ceredigion County Council as they host the Local Nature Partnership. Peatland Developrnent Grant - this was the s6cond of the NPAP grants, which covered peatland surveys and ecological surveys and design of peatland restoration projects. in partnership with neighbouring landowners. 23
Docusign Envelope ID.. FDDE9l4D-86394768_9AE7C4EB568204 COETIR ANIAN (CAMBRIAN WILDWOOD) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 15 Analysls of unrestricted net assets Tanglble and intangible Fixed assets At 31 March 2025 Other Net assets Total Restricted funds Unrestrlcted funds 45,474 87,269 173.859 35,890 219,333 123.159 132,743 209,749 342,492 Tanglble and intangible Fixed assets At 31 March 2024 Other Net assets Total Restrlcted funds Unrestrlcted funds 195.581 30.597 195,581 126,991 96,394 96,394 226.178 322,572
Docusign Envelope ID.. FDDE914D4639476B.9AE347C4EB568204 COETIR ANIAN (CAMBRIAN WILDWOOD) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 The Following page do not fonn part of the statutory flnancial ststements for the year ended 31 March 2025 as covered by the independent examiners report on page 11 25
Docusign Envelope ID.. FDOE914D-8639476&9AE7CEBs68204 COETIR ANIAN (CAMBRIAN WILDWOOD) DETAILED STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 MARCH 2025 YEAR ENDED YEAR ENDED 31-Mar-25 31-Mar-24 INCOME Restricted donations.. Land donalions Restricted donations: Wild Isles Unrestricted donations: Other donations Restricted grants . Sustainable Management Scheme Restricted grants: Nature Networks Fund, Waterloo foundatii Restricted grants: The Woodland Investment Grant Restrrcted grants: Welsh Government Glastir Advanced Restricted grants: National Peatlands Actbon Program Restn'cted grants: Wales Council for Voluntary Action Restricted grants: Principality Restricted grants: Esmee Fairbaim sttate9ic review Fiestrtcted grants: National Forest Pilot Scherne Restricted grants: Peatland developmenl Restricted grants; Ceredigion Council Machinery Grant Unrestricted grants: Welsh Government Basic Payment Employers, Allowance Unrestiicted grants: Esmee Fairbaim. Postcode Community. Other Income TOTAL INCOME 690 4.724 9,748 854 14,880 28,105 (16,695) 142,565 45,231 10.180 15,818 36.223 10,000 6,721 137.572 25,053 11.397 11.241 4,430 14.642 18,730 21,348 5,000 58,833 1,246 324,654 22,620 5.000 46,667 1,869 370,038 EXPENDITURE ON: Charltable Activities Wages and salaries Secondment cost Employers NIC Employers Pension 140,725 26,659 13,690 5,473 186,547 147,949 12.020 4.997 164.966 Direct Costs Materials + Camp food + Trees Equipment + Tools Contractors + Consultants Marketing 7,677 4,163 48,556 1,987 62,383 7,150 6.015 45,635 1,634 60.434 Support costs Recruitment Travel ICT + Internet + Phones Stationery + Postage Premises expenses Charges: Bank charges + Paypal fees Training Insurance * DBS checks Horses: Vet + Transport + Feed + Meds Depreciation & Amortisation 1,305 8,254 2,458 485 7,118 194 3.254 4.515 131 21,058 48,772 1.048 8,874 1.314 521 6.910 498 3,924 3,894 1,573 4,810 33,366 26
Docjjsign Envelope ID.. FDDEg148639476B-9AE7c4EBs682D4 COETIR ANIAN (CAMBRIAN WILDWOOD) DETAILED STATEMENT OF FINANCIAL ACTIVITIES (continued) YEAR ENDED 31 MARCH 2025 Governance Costs Legal Fees Accountancy and Payroll fe8S Independent examiners fee 6,132 900 7.032 7,085 1,191 8,276 TOTAL EXPENDITURE 304.734 267,042 NET INCOMEI(EXPENDITURE) 19,920 102.996 FUNDS BROUGHT FORWARD 322.572 219,576 FUND CARRIED FORWARD 342,492 322,572 27