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COETIR ANIAN
(CAMBRIAN WILDWOOD)
ANNUAL REPORT AND FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
Charity Number 1158185

Do¢u8ign Envdepe ID: FDDE9l4D4639476B-gAE￿7C4EB5682O4
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

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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

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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 re￿1ve 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.

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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.

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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

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YEAR ENDED 31 MARCH 2025
develop a deeper connection to the land. By V￿lcoM1ng 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 peTh￿nn81.
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 eXperIen￿S
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

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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 handS￿n experience
and insight into practical conseivation, habitst restoration, and sustainable land Inanag&ment.

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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 serVI￿S 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

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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.

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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
AC￿pted 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 reSoU￿S 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
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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

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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

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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

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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 InfO￿natIon 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 aC￿rdan￿ 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 COn￿rn, 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_9AE￿7C4EBS682o4
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 enhan￿ments are stated at cost less accumulated amortisation and accumulated
impairment losses. Enhan￿MentS 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
Gaffj￿Id 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 Ne￿orkS 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.. FDDE914￿8639476B-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
31￿ar-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_9AE￿7C4EBS68204
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 Ne￿rkS 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 FaI￿alM
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-9AE￿7C4EB5682o4
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 Imp￿Vernents,
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_9AE￿7C4EB568204
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&9AE￿7C￿EBs68204
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.. FDDEg14￿8639476B-9AE￿7c4EBs682D4
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