Charity Registration No. 1160790
Company Registration No. 09153749 (England and Wales)
MERSEY FOREST FOUNDATION
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021

MERSEY FOREST FOUNDATION
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr D McAleavy
Mr P Nolan (Chairl
Mi l Taylor
Prof D Shaw
Mr R Rogers
Secretary
Mr Paul Nolan
Ch¥rity number
1160790
Company numbèr
09153749
Registered office
6 KansasAvenue
Salford
Gieater Man(l)ester
MSO 2GL
Independent examiner
Peter Taaffe
BWM
Surte 5.1
12 Tb"Ihebam Slieet
LNerpool
L2 2DT
Bankers
Tridos Bank
Deanery Road
Bristol
BS1 SAS
Solicitors
Brabners LLP
Horton House
Exchange Flags
LNerpool
L2 3YL

MERSEY FOREST FOUNDATION
CONTENTS
Pago
Chairman's slalemenl
Trustees, report
Slalemenl of Trustees, responsibi1Slles
Independent examinerfs report
Slalemenl of flnancial activities
8818nce sheet
Notes to the financial 51alements
10-16

MERSEY FOREST FOUNDATION
CHAIRMAN'S STATEMENT
FOR THE YEAR ENDED 31 MARCH 2021
l am pleased lo continue as Chair for this current y8ar and lo dale. l am abl8 lo report the following
ath'vilies, achigvemenls and performance..
Mersey Forest Foundation continued lo support the delivery of The Mersey Forest through projects
focussed on community engagement. This year over £39,000 was generated through projects and
donations.
Income for community projects came mainly from two larger projects, funding for landscape works and a
second grant from the Environment Agency for work in on the river Dane in Cheshire on Natural Flood
Management, there were also a wide rango of smaller donations.
The Foundation has continued lo support tree planting proj8cls through delivery of Corporate Social
Responsibility ICSRI funding from a range of donors. This funding has enabled the purchase of trees for
Mersey Forest projects as part of ils woodland planting objective.
In 2020121, the Foundation was approached lo act al the fund holder and project manager for work in Sl
Helens, one of the Mersey Forest Partner local aulhori118s. This opportunity would provide long lemi
funding lo deliver new woodland and other habilal creation in Sl Helens and support the development of
the next phase of the Foundation's work lo support delivery of the Mersey Forest.
Future prioritl8S
The Foundation continues lo support the delivery of the Mersey Forest with a clear focus on
Continuèd Increase in opportunities for CSR programmes lo be funded through the Foundation
Assessing opportunitle8 for appllcalions lo other charllable trusts for funding
Working closely with Mersey Forest Partners lo maximise the benefits that can be achieved by the
Foundation to dgliver its charitable objg¢live5.
Now that the Foundation is established with a moderate amount of funding for projects, the Board will look
to develop the range of skills available lo the Foundation with addilional Board members.
Paul Nolan
Chaimian
Dated.. 20th December 2021

MERSEY FOREST FOUNDATION
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2021
Introduction
The Iruslees of Mersey Forest Foundation. who are also directors of the Company. present their annual report
for the year ended 31st March 2021. The financial slalemenls havè been prepared in accordance with the
accounting policies sel out in note one to the financial slalements and comply with the charity's Memorandum
and Articles of Association, the Companiès Act 2006 and "Accounting and Reporting by Charities.. Slalement
of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ire18nd IFRS 1021 leffeclive 1 January 20191.
Vlslon, Purpose and Value8
Our Vision is to gel "More from Trees" through the creat￿n of The M8rsey Forest,
The purpose of the charity is lo..
support the delivery of the Mgrsey Forest Plan.
become the way for people lo support The Mersey Forest in their area.
become a valuable member of The Mersey Forest Partnership.
promote the role of The Mersey Forest for people, places and a thriving economy.
be the primary source of unfeslricled income for The Mersey Forest Partnership by 2025
The values continue lo be..
lo advocate for the The Mersey Forest
working in partnership lo gel mor8 done
founded on excellent business praclice and corporate govemance
innovative, creative, business-minded thinking
Oblectlve8 and actlvltle8
The Objects of the Charily are specifically reslricled lo the promotion for the benefit of the public generally any
charitable purpose within the North Wesl ol England or elsewhere as the Trustees shall determine connected
with the enhancement and improvement, maintenance and protection of the environment and landscape and
In particular lo..
promote. provide and enhance woodland for the benefit of the public..
promola tha genaral improvemant of 8gricullure and of industry and commèrce particularly in r61alion
lo woodland or lorestry products.,
promote and provide for the improvement of derelict land or harmful sites.,
provide or help to provide for the general public facilities in the interests of social welfare for
recreation and leisure lime occupation particulady involving the enjoyment of land and woodland as a
public amenity land in furtherance lo help lo provide safe and convenient roules and modes of
transport for the public, for safe cycling, and for the development of facilities including nature trails,
reserves and sanctvaries. horse and cycle and foolMays, parkland and visitor facililies and car parks).,
promote community participation in healthy recreation by providing facilities for playing particular
sports.,
edueale the public in environmental mallers, in ecology and provide better appreciation of the
environments and ways of better serving, protecting and improving the same and education and
training in all matters relating to the environment and its interaction with the social and economic
wellbeing of the community..

MERSEY FOREST FOUNDATION
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2021
promote Ihe arts within the woodland and natural environments;
promote for the benefit of the publlc the ecology and use of the natural environment and all species
promote for the benefit of the public the conservation, enhancgment and improvement of the
environment and lo educate the public in the importance of sustainablè development in relation to all
the activities of the Charity. resources and maintenance of high and stable levels of economic growth
and employment..
promote and protect 'green infrastructure, which shall mean the livlng network of green space8, water
and other environmental features in both rural and urban areas and shall include trees. parks,
gardens. road verges, allolmenls, c8meleries, woodlands, rivers. wetlands, farmland and other
natural featur05 that operate as flood proloclion, carbon slorago or water purification., and
protect the environment against the effgcts of climate change including the carrying out of activities lo
miligale the effects of, and adapt lo, cllmale change.
Statement of Public Benefit
In meeting these objects, the charity's public benefll aim lo mainlaSn, complete and apply for fLJnding that
supports projecis as detailed above. The charity has mel ils objectives by slicking lo the guidelines of the
grants applied for.
In setting out policy and planning these activities the tru51egs have given ¢on$ideralion lo the Charity
Commission's general guidance on public benefit.
The Charities Act identifies thirteen charitable purposes as being for the public benefit. Mersey Forest
Foundation meets the public benefit principles by focusing on Ihrge of those charitable purpo$e$'.
the advancem8nl of education.
the advancement of health or the saving of lives.
the advancement of environmental protection or improvement.
The Trustees, have paid due regard lo guid8nee issuèd by the Charity Commission in deciding what acliviliès
the charity should undertake.
Flnanclal revlew
The current year of activity has seen a decrease in the core funds lo the effect that the core lunds sland at
£14,104 al the year end12020.. £18.0171. The core income came from Several donations.
Reserves Policy and Going Concem
Resetves are considered to be that part of the Trust's funds which are freely available for ils general purpose
aftèr it has mel ils commitments and covered ils other planned expenditure. These unrèslricled funds are
ngeded to bridge tho gap between the spending and receiving of income and to cover adminislralive,
fundraising and support costs Wlthout which the Trust could not function. The Iruslees eon5ider that the ideal
level of resetwes as at 31st March 2021 would be in the region of £7K being 2 years of core administration
CO515 al their current level for insurance, accounting, govemance and general admin. The unre51ricted
reserves were standing at £14,104 al 31 sl March 2021 12020.. £18,017) so are deemed to be adequate. Since
the year end there has been no unexpected expendllure and the viability of the charity remains financlally
sound.
Investment Policies
The charity has a policy of keeping any surplus funds in short term deposits, which can be accessed readily.
On-line banking assists the monitoring of these accounts with a view lo achieving best interest rates for
amounts held on deposit whilst at the same lime ensuring cash flow requirements are mel. Due lo wider
economic circumstan￿S deposit rates have been depressed. The invested funds held on deposit achieved an
average of 0.2%12020'. 0.20/01.

MERSEY FOREST FOUNDATION
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2021
Plans for Future Perlods
The charity hasn't made any charitable grant payments Sin￿ the year end and whilst it continues lo build up
ils funds il has no intention of making any substantial grant payments soon.
Structurè. govèrnance and management
Goveming Document
Mersey Forest Foundation is a company Ilmlled by guarantee govemed by ils Memorandum and Artlcles of
Association dated 23rd July 2014 and was incorporated on 30th July 2014. 11 was rggistergd as a charity with
the Charity Commission on 9th March 2015.
Mersey Forest Foundation has one member being Community Forest Trust Ltd ie the charity is a wholly
owned subsidiary of Community Forest Trust Ltd, itself a charitable company limited by guarantee. The liability
of the members is limited, and each member agrees lo pay £10 in the event that the charity is dissolved.
Appointment of Trustees
The first and current Irusl8es were appointed land may be remov¢dl by the Community Forest Tru$l, ocling
though ils board of Iruslees. There should be a minimum of three Iruslees and are recruited lo ensure that Ihe
board of Iruslees has the requisite range of experience and skills 10 gffeGlively manage the Trust.
Mr D McAleavy
Mr P Nolan (Chairl
Mr l Taylor
Prof D Shaw
Mr R Rogers
Organisalion
The board of Iruslees administers the charity. The trustees meet independently and liaise regularly by email
and telephone. The board normally meets quarterly and collates information prepared by the finance team al
Community Forest Trust and the Chair. A precis of the reports is made available to the board members of
Community Fore81 Tnjsl. The Injslees during the year were Iruslees of other oryanisalions as follows..
Communlty Forest Trust
Paul Nolan
N14
lain Taylor
NIA
Dave Shaw
Appointed.. 15 November 2011
Rick Rogers
Appointed.. 26 June 2019
Dave McAleavy NIA
Communlty For•st Land Trust
Appointed. 29 Ocl 2013
Appointed.. 29 Oct 2013
Appointed.. 1 October 2019
Appointed.. 1 September 2019
Appointed.. 1 October 2019

MERSEY FOREST FOUNDATION
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2021
Related parties and co-operation with other organisations
None of the Iruslees receive remuneration or other benefit for their work with the charity. Any contractual
relationship with a related party must be disclosed in the current year and previous year and are detailed in
note 12 of the financial slalemenls.
Risk Manag8menl
The monitoring and management of risk is a dynamic process and the charity faces some level of risk in the
acts'vilies, events and contracts that il engages in. The trustees hav8 a risk rnanagemenl strategy which
comprises,
an annual review of the principal risks and uncertainties that the charity may face.
the eslablishmenl of policies, systems and procedures lo miligale those risks identified in the annual
review., and
the implementslion of procèdurès designed to minimisa or manage any polenli81 impact tha charity
should Ihose risks malerialise.
Govemanc8 risks- eg inappropriate organisalional Slrudure, difficulties recruiting Iru$lge$ with relgvanl
skills. conflict of inleresl.
Flnancial rfsks - eg accuracy and timeliness of financlal information, adèquacy of reseN8s and cash flow,
diversity of income sources.
External risks - eg public percepllon and adverse publiclty, demographic changes, government policy.
Compliance with law and regulation eg breach of trust law and regul810ry requirements of particular
acts'vilies such as fund-raising.
The charity's review of ils risk management will continue lo help ensure.,
*lhe eharily s aims are achieved more effectively.
significanl risks are known and monitored enabling Iruslees lo make a more effective conlribulion.
there is improved fomard planning
Srnall cornpanS88 provlslons
This report has been prepared in accordance with the special provisions relaling lo small companies within
Part 15 of thè Companies Act 2006.
report was approved by th8 board of Iruslees.
Mr P Nolan {Chalrl
Mr l Taylor
Dated..
20th December 2021
Daled.- 21st December 2021

MERSEY FOREST FOUNDATION
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2021
The trustees, who are also the directors of Mersey Forest Foundation for the purpose of company law, are
responsible for preparing the Trustees, Report and the financial slalemenls in accordance with applicable law
and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Praclicel.
Company law requires the trustees lo prepare financial slalemenls for each financial year which give a true and
fair view of the slate of affairs of thè charity and of the incoming resources and application of resourc8S,
including the income and expenditure, of the charitable company for that year. In preparing these financial
slalemenls, the Iruslees are required lo..
select suitable accounting policies and then apply them consistently.
observe the methods and principles In the Charities SORP.
make judgements and eslimales that are reasonable and prudent.
slate whether applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the accounts.
prepare th8 financial slalemenls on the going concem basls unl88s Il Is inappropriat8 to presume that
the charity will continuo in operation.
The Iruslees are ro$ponsible for keoping sufficient accounting records that disclose with reasonable accuraw at
any lime the financial position of the charity and lo enable them lo ensure that the financial stslemenls comply
with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for
taking reasonable steps for the prevention and detection of fraud and olh8r irregularities.

MERSEY FOREST FOUNDATION
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES. OF MERSEY FOREST FOUNDATION
I report to the trustees on rny ex8minakn.on of the finan(ial ststements of Metsey Forest Fotjndalion Ilhe
charity) for the year ended 31 Marth 2021.
Rèspoxsibilthès and basis of rèport
As the Tmstees, of the charity land also its directors for the purposes of company lawl you are responsible
for the piepaialion of the finanual stslemenls in a￿[dance wrth the requirements of the Companies Act
2006 Ithe 20C6 Act).
Having satisfied tnysew that the finanual slalemenls of the ¢harrty are not requiie(I lo be audited under Part
16 of the 2006 Act and are eligible for independent examination. I report in respect of my examination of the
chanty's financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In
¢arrying oui my examination I have followed all the ap￿1(a￿e DIrect￿n$ given by Ihe Charty Commission
under section 14515llbl of the 2011 Acl.
Ind•pendÈnt examln¢¢$ statèment
I have completed my examination. I confirni that no matters have com8 to my attèntion in connection with
the examination giving me cause to believe that in any material respect".
a¢¢ounb"ng re¢ords were not kept in iespe¢t ol the d)arty as required by $ection 386 of the 20￿ Act",
or
the financial stslemenls do not accord with Ih05e re￿rdS.. or
the financial statements do not cofflply wrth the accounting reqU1￿ments of $e¢tion 3￿ of the 20￿ A(*
other than any requirement that the acownts gNe a tnje and fair whith is not a matter considered
as part of an independent examination.. or
the finanrial statements have not been prepared in aco)rdance wth the methods and princjples of the
Statement of Recommended Practice for accounting and reporting by charities applicable to chanbes
preparing their aw)unt5 In a¢w[dan￿ with the Financial Reporb"ng Standaid applicable in the UK and
Republic of Ireland IFRS 1021.
I have rho co[￿eMS and have come acTOSS no other matters in connedion wth the exarninalion to which
attention should be drawn in this report in order to enable a proper understanding of the financial statements
to be reached.
Mr Peter Taaffe FCA CTA DChA
Chartered A￿ountants
Suite 5.1
12 Trthebam Slreel
Lwerpo(4
L2 2DT
2311212021

MERSEY FOREST FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2021
Unrestrlcted Restrlcted
funds
funds
2021
2021
Total Unrestricted Reslricled
funds
funds
2020
2020
Total
2021
2020
Notes
Donations and legacies
Charitable activities
Invgslments
9,082
9,082
30.898
98
11,282
11,282
29.461
252
30,898
29.461
98
252
Total Income
9,180
30,898
40,078
11,534
29,461
40,995
Charitable activities
13,093
29,286
42.379
10,249
20,678
30.927
Netlgxpendltureylncome
for the ytarl
Not mov•mont In fund8
13,9131
1,612
12.3011
1,285
8,783
10.068
Fund balancgs at 1
April 2020
18,017
32,298
50,315
16,732
23,515
40.247
Fund balancès at 31
March 2021
14,104
33,910
48,014
18,017
32,298
50,315
The slalemenl of flnancial aclivllies Includes all galns and losses recognlsed In the year.
All Income and expenditure derfve from conllnuing aclivitles.
The stalemonl of financial aclivilies also complies with the requirements for an income and expenditure account
und8r the Companies Act 2006.

MERSEY FOREST FOUNDATION
BALANCE SHEET
ASAT31 MARCH 2021
2021
2020
Notes
Current a8SOt8
Debtors
Cash al bank and in hand
12
30.093
54,624
3.508
55,486
84,717
58,994
Credltors: amounts falllng due wlthln
one yoar
13
136,7031
18,6791
Nel current asset8
48,014
50,315
Income funds
Restricted funds
Unreslricled funds
33.910
14,104
32,298
18,017
48,014
50,315
The company is enlilled lo the exemption from Ihg audit rgquiremenl contained in section 477 of the Companies
Act 2006, for the year ended 31 March 2021.
The directors acknowledge their responsibilities for ensuring that the charity keeps accounting records which
comply with section 386 of the Act and for preparing financial slalemenls which give a true and lair view of the
slate of affairs ol the company a8 al the end of the financial year and ol ils incoming resources and application of
resources, including its income and expenditure, for the financial year in accordance with the requirements of
Sections 394 and 395 and which olhetwise comply wllh the requirements of the Companies Act 2006 relating lo
financial slalgmenls. so far as applicable lo the company.
The members have not required the company to obtain an audit of ils financial statements for the year in
question in accordan￿ with section 476.
These financial statements have been prepared in accordance with the provisions applicable lo companies
subject lo the sm811 companies reglme.
The financlal stslemenls were approved by the Trustees, on Decewb￿ 2021
Mr l Taylor
Trustee
Trustee
Company Registratlon No. 09153749

MERSEY FOREST FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
A¢countlng pollcles
Charlty Infomiatlon
Mersey Forest Foundation is an incorporated charity registered in England and Wales. The registered office
is 6 Kansas Avenue, Salford, M50 2GHL.
1.1 Ac¢ountlng Conventlon
The financial slalemenls have been preparad in accordance with the charity's M8mor8ndum and Articles of
Association, Ihg Charits'gs Act 2011 and 'A¢counling and Reporting by Charities.. Stalemgnl of
Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. las amended for accounting
pèriods commencing from 1 January 20161. The charity is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in sterling. which is the functional currency of the charity. Monetary
amounts In these financial slalemenls are rounded lo the n8aresl £. The accounts have been pr&pared
under the historical cost convention. The principal accounting policies adopted are set out below. The
Charity has taken advantage of the provlsions in the SORP for Charflies applying FRS 102 Update Bullelln
1 not to prepare a Slalemenl ol Cash Flows.
The financial statements ar8 prepared in sterling. which is the functional Currency of the charity. Monetary
amounts in these linancial slalemenls are rounded lo the nearest £.
The financial slalements have been prepared under the historical cost convention, modified lo include the
revaluation of freehold properties and lo include inveslrnenl properties and certain financial instruments at
fair value. The principal accounting policies adopted are sel out below.
1.2 Golng concern
Al the lime of approving the accounts, the Iruslees have a reasonable expeclallon that the charity has
adequate resources to continue in operational existence for the foreseeable future. Thus. the 1rusl8e$
continue lo adopt the going concern basis ol accounting in preparing the accounts.
1.3 Charltable funds
Unreslrieled funds are av8118ble for use al the dlscrellon of the Trustees, In furtherance of Ihelr charltsble
objectives.
Reslricled funds are sublecl lo specific conditions by donors as lo how they may be used. The purposes
and uses ol the reslricled funds are sel out in the notes lo the financial slatemenls.
Endowment funds are subject to specific conditions by donors that the capital musl be maintained by the
charity.
1.4 Income
Voluntary income, including donations, gifts and legacies. and grants that provide core funding or are of a
general nature are recognised where there is enlillemenl., where any performance conditions have been
met,. where it is probable that the income will be re¢gived, and thg amount Can be mgasured reliably.
Income received In advance of a specific project would be deferred until the criteria for
income recognition are met.
10

MERSEY FOREST FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2021
Accounting policies
(continued)
Donated Services and F8cilities
Donated professional setvices and donated facilities are recognised as income when the charity has
control over the item, any conditions associated with the donated item have been mel, the receipt of
economic benefit from the use by the charity of the item is probable and Ihal the economic benefit can be
measured reliably. In accordance with the Charities SORP IFRS 1021, volunteer lime is not recognised and
for this current year there has been no volunteer input.
On receipt, donated professional services and donated facilities are recognisee on the basis of the value of
the gift lo charity which is the amount the charlty would have been willlng lo pay lo oblaln services or
facilities of equivalent economic benefit on the open market,. a corresponding amount is then recognised in
expenditure In the perlod of recelpl.
Interest ReGeivable
Interest on funds held on deposit Is included when receivable and the amount can be measured rellably by
the ¢harily.' this is nomially upon notifi¢alion ol Ihg inlergst paid or payable by the bank.
FundAccounling
Unreslricled funds are available lo spend on activities that further any of the purposes of the charity.
Designated funds are unrestricted funds of the charity which the Iruslees have decided at their discretion lo
sel aside lo use for a specific purpose. Reslricled funds are donations which the donor has specified are lo
be solely used for particular areas of the charity's work.
1.5 Exp•ndltur•
Expenditure and Irrecoverable VA T
Expenditure is recognised once there is a legal or conslruclive obligallon lo make 8 payment lo a IhSrd
party, il is probable that selllemenl will be required, and the amount of the obligation can be measured
reliably. Expendllure Is classSfled as follows:
Expenditure on charitable activities includes grants payable and other adminislralion costs lo
further the purposes of th8 charity.
Irreeoverable VAT is charged as a cost against the activity for which thè expenditure was incurred.
1.6 Cash and cash equlvolgnls
Cash al bank and at hand
Cash al bank includes cash and short lem highly liquid investments with a short maturity of 3 months or
less from the date of deposit.
1.7 FSnanclal Instrumonts
The charity has elected lo apply the provisions of Section 11 '8asic Financial Inslrumenls, and Section 12
'Olher Fin8nci81 Instruments Issues, of FRS 102 to 811 of its flnancial inslrumenls.
Financial instruments are recognised in the charfty's balance sheet when the charity becomes party lo the
contractual provisions of the inslrumgnl.
Financial assets and liabilities are offset, with the nel amounts presented in the financial slatemenls, when
there is a legally enfor¢eable right to sel off the recognised amounts and there is an intention lo settle on a
nel basis or lo realise the asset and settle the liability simultaneously.

MERSEY FOREST FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2021
Accounting policies
(continued)
Baslc flnanclal assets
Basic financial liabilities, including creditors and bank loans a￿ initially rewgnised at transaction price
unless the arrangement constitutes a financing Iransaclion. where the debt Instrument is measured al the
present value of the future receipts discounted at a market rale of interest. Financial liabilities classified as
payable wilhln one year are not amortised.
Debt instruments ar8 subsequently carried al amortlsed cost, uslng the effective Interest rate method.
Trade creditors are obligations lo pay for goods or services that have been acquirèd in the ordinary course
of operations from suppliers. Amounts payable are classified as curr9nt liabilitlgs if payment is due within
one year or less. 11 not, they are presented as non-currenl liabilities. Trade creditors are recognised initially
at transaction price and subsequently measured al amortised cost using the effective interest method.
B•slc fln•nclal Ilabllltlgs
Basic financial liabilities, including creditors and bank loans are initially recognised al transaction price
unless the arrangemenl conslilules a financing Iransaclion. where the debt instrument is measured al the
present value of the future paymènts dlscounled al a m8rkel rale of Interest. Flnanci81 Ilabllllles classlfièd
as payable within one year are not amortised.
Oebl instruments are subsequently carried al amortised cost, using the effective interest rate method.
Trade creditors are obligations lo pay for goods or s8rvices Ihal have been acquired in the ordinary course
of operations from suppliers. Amounts payable are classified as current liabilities il payment is due within
ong ygar or loss. 11 not, they are presented as non-currenl liabililigs. Trade Creditors are rgcognised initially
al Ir8nsacllon prlce and subsequently measured at amortlsed cost uslng the effectlve Interest method.
Dere¢o9nltlon ol flnanclal Ilabllltles
Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or
cancelled.
1.8 Taxatlon
Corporation Tax
As a registered charity, the Company benefits from various exemptions from laxalion afforded by tsx
legislation and is not liable lo corporation tax on income or gains falling within those exemptions.
1.9 Debtors
Debtors are recognised al the settlement amount due.
1.10 Cradltors
Creditors and accruals are recognised where the charity has a present obligation resulting from a past
event that will probably result in a transfer of funds lo a third party and the amount due lo settle the
obligation can be measured or estimated reliably.
rltlcal accountlng ostlmates and ludgem8nt$
In the application of the charity's accounting policies, the Iruslees are required to make judgements,
eslimales and assumptions about the carrying amount of assets and liabilities that are not readily apparent
from olher sources. The eslimales and associated assumptions are based on historical experience and
other factors that are considered to be relevant. Actual results May differ Irom these estimates.
The estimates and undertying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only that
period of the revision and future periods where the revision affects both current and future periods.
12

MERSEY FOREST FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2021
Legal Status
The Charity is a company limited by guarantee and has no share capital, In the event of the charlty being
wound up. the liability in respect of the guarantee is limited to £10 per member of the charity.
Donatlons and Iggaclos
Unrestrlcted Unrestricted
funds
funds
2021
2020
Donatlons and gSft5
Donations
Donated seryices- staff lime
Donated seryices- support costs
9,082
5.122
4.576
1.584
9,082
11.282
Charltablo a¢tlvlllo¥
Charltablo Charltablo
Incomg
Incomo
2021
2020
Grants received
30,898
29.461
Investments
Unrestrlctod Unrestricted
funds
funds
2021
2020
Interest receivable
98
252
The charity's investment income of £98 12020.. £2521 arises from money held in interest bearing deposit
accounts.
13

MERSEY FOREST FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2021
Charltable actlvltles
Unrestrlcted Restrlcted
Funds
Funds
2021
2021
Totalunrestrlcted Restrlcted
2021
Funds
Funds
2020
2020
Total
2020
Grants payable
Project costs
Insurance
Adminislralion costs
Donated services
26.324
2.962
26.324
11.605
605
396
6.165
14.513
6.165
14.513
592
8.643
605
396
592
4,576
4.576
9.644
29.286
38.930
5.252
20.678
25.930
Share of support costs
(see note 81
Share of governance c051s
(see note 81
532
532
2,113
2,113
2,917
2,917
2,884
2,884
13.093
29.286
42.379
10.249
20.678
30.927
Analy$l$ by fund
Unreslricled funds
Reslricled funds
13,093
13.093
29,286
10.249
10,249
20,678
29,286
20,678
13.093
29.286
42.379
10.249
20.678
30.927
Support costs
Support Governance
costs
costs
2021
Support Governance
costs
costs
2020
General office
532
532
2,113
2,113
Independent examiners
fee
Accountancy
1,272
1,645
1,272
1,645
1,200
1,684
1.200
1,684
532
2,917
3,449
2.113
2.884
4.997
Analysed between
Charitable activities
532
2,917
3,449
2,113
2,884
4.997
Trustees.
None of the Iruslees lor any person eonnecle¢J to them) received any remuneration or were reimbursed
expenses during the year.12020- £Nill.
14

MERSEY FOREST FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED
FOR THE YEAR ENDED 31 MARCH 2021
10 Employee¥
The average monthty number of employees during the year was.
2021
Numbèr
2020
Number
Total
11 Flnanclal Instrum•nts
2021
2020
Carrying amount of financial assets
Debt instruments measured at amortised ￿3t
93
Carrying amount of finantial liabilrtiès
Measured at amorts'sed cost
36,703
8,679
12 Debtors
2021
2020
Amounts falling due within one year:
Trade debtors
Prepayments and accrued income
93
30,000
30.093
13 Creditors: amounts falling due within one year
2021
2020
Tiade creditors
A¢¢wals and deferred In￿Me
26,324
10.379
596
8.083
36,703
8,679
15-

MERSEY FOREST FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2021
14 Re8trlcted funds
The income funds of the charity include reslricled funds comprisin9 the following unexpended balances of donations and grants held on trust for spgryfic purposes..
Movgm?nt In fund•
In¢omlng
Movement In lund•
In¢omlng
R••ourc¢i
8•l•n¢o •t
rwourc
•xpond•d 31 M•r¢h 2Q21
B•l•n¢* •t
l Aprll 201•
B•l•nc¢ •t
•xpfrrbd•d 1 Aprll 2020
Harbison Walker Inlernalion81
Remondis UK
Cheshire West and Chester
Mersey Rivers Trust
Groundwork
LEC (Liverpooll
Environmental Agency
Lower Dane WFD Inlervenlions
11,89S
5,000
5,000
1,165
455
11,985
5,000
904
11.985
5,000
904
1,500
15,5961
11,1651
11941
1,000
12.000
14,961
1,261
12,000
1,238
18261
435
12.000
113,7231
1,377
30,000
12,6151
126,3241
3.676
23,515
29,461
120,6781
32,298
31,377
129,7651
33.910
16

MERSEY FOREST FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2021
14 Restrlcted fund¥
Icontlnuedl
Tho Harbison Walker Inlemalional ftjnd is lor the planting of trees al schools.
The Remondis UK fund is a fund lo support Trees for Learning.
The Cheshire Wesl and Cheshire Fund is for the planting of trees al the Countess tsf Chester Country Park. Uplon School and Countess of Chester Hospital.
The Mersey Rlvers Tru81 Fund was for the supply of tree whips al Billslon Golf Clun.
The Groundwork's fund is for the planting of Irees al Risley Mos5 and Allerton Oak.
The LEC (Liverpooll Ltd. fund is for the provision of Community Green spaces al Lyme & Wood Landfill sile and Colliers Moss Common.
The funding from the Environment Agenw relates lo the Warmingham Seep89e Barrier Project.
Th8 Lower Dane WDD Interventions fund relates lo the Water Fram8 Directive.
17

MERSEY FOREST FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED
FOR THE YEAR ENDED 31 MARCH 2021
15 Analysi$ of net a$¥ets between lund$
UnrÈstrictÈd Rèstrictèd
fund$
lund$
2021
2021
Total Unrestricaed Restricted
funds
ftjnds
2020
2020
Total
2021
2020
Fund balances at 31
March 2021 are
pre$ented by".
Current assetsl
14.104
33.910
48.014
18,017
32,298
50.315
14,104
33.910
48.014
18.017
32,298
50.315
16 Relatsd party transactions
There were no disdosable related party transactions during the year I2020- none).
18-