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← Mersey Forest Foundation

2024-06-30-accounts

Charity registration number 1160790

Company registration number 09153749 (England and Wales)

MERSEY FOREST FOUNDATION

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

MERSEY FOREST FOUNDATION

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Mr D McAleavy Mr P Nolan (Chair) Prof D Shaw Mr R Pearson Charity number 1160790 Company number 09153749 Registered office 14th Floor The Plaza 100 Old Hall Street Liverpool England L3 9QJ Independent examiner Anita C Mason BA(Hons) BFP FCA Mitchell Charlesworth Suite 5.1 12 Ttithebarn Street Liverpool L2 2DT Bankers Tridos Bank Deanery Road Bristol BS1 5AS Solicitors Brabners LLP Horton House Exchange Flags Liverpool L2 3YL

MERSEY FOREST FOUNDATION

CONTENTS

Page
Chairman's statement 1
Trustees' report 2 - 6
Statement of Trustees' responsibilities 7
Independent examiner's report 8
Statement of financial activities 9
Balance sheet 10
Notes to the financial statements 11 - 20

MERSEY FOREST FOUNDATION

CHAIRMAN'S STATEMENT FOR THE YEAR ENDED 30 JUNE 2024

Chair's Report

I am pleased to continue as Chairman for this current year. I can report on the following activities, achievements, and performance of Mersey Forest Foundation:

==> picture [464 x 42] intentionally omitted <==

Paul Nolan Chairman Dated: 28 March 2025

MERSEY FOREST FOUNDATION

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 30 JUNE 2024

Introduction

The trustees of Mersey Forest Foundation, who are also directors of the Company, present their annual report for the period ended 30th June 2024. The financial statements have been prepared in accordance with the accounting policies set out in note one to the financial statements and comply with the charity's Memorandum and Articles of Association, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).

Vision, Purpose and Values

Our Vision is to get "More from Trees", through the creation of The Mersey Forest.

The purpose of the charity is to:

The values continue to be:

MERSEY FOREST FOUNDATION

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024

Objectives and activities

The Objects of the Charity are specifically restricted to the promotion for the benefit of the public generally any charitable purpose within the North West of 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 to:

MERSEY FOREST FOUNDATION

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2024

Statement of Public Benefit

In meeting these objects, the charity's public benefit aim to maintain, complete and apply for funding that supports projects as detailed above. The charity has met its objectives by sticking to the guidelines of the grants applied for.

In setting out policy and planning these activities, the trustees have given consideration to 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 three of those charitable purposes:

the advancement of education.

the advancement of health or the saving of lives.

the advancement of environmental protection or improvement.

The Trustees' remuneration have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Financial review

The foundation's financial position is sound. The core funds stand at £75,719 at the year end (2023: £48,517).

Reserves Policy and Going Concern

Reserves are considered to be that part of the Foundation's funds which are freely available for its general purpose after it has met its commitments and covered its other planned expenditure. These unrestricted funds are needed to bridge the gap between the spending and receiving of income and to cover administrative, fundraising and support costs without which the Foundation could not function.

The trustees consider that the ideal level of reserves as at 30th June 2023 would be in the region of £8K being 2 years of core administration costs at their current level for insurance, accounting, governance and general admin. The unrestricted reserves were standing at £75,719 at 30th June 2023 (2023: £48,517) so are deemed to be adequate.

Since the year end there has been no unexpected expenditure and the viability of the charity remains financially 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 to achieving best interest rates ·for amounts held on deposit whilst at the same time ensuring cash flow requirements are met.

Plans for Future Periods

The Foundation intends to continue to play a role in supporting the delivery of the Mersey Forest Plan through its ongoing activities and initiatives. The Foundation will also continue to seek additional funding opportunities to further its mission and objectives.

MERSEY FOREST FOUNDATION

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2024

Structure, governance and management

Governing Document

The foundation's governing document is its Memorandum and Articles of Association, which were adopted on 23rd July 2014 and registered with the Charity Commission on 9th March 2015. The foundation is a company limited by guarantee, which means that it has no shareholders and its members are not liable for its debts. The foundation's only member is Community Forest Trust Ltd, which is also a charitable company limited by guarantee.

Appointment of Trustees

The trustees are appointed and may be removed by the Community Forest Trust. There is a minimum of three trustees, and the selection process is designed to ensure that the board has the expertise and diversity required to effectively manage the foundation.

Directors and Trustees

The directors of the charitable company (the charity) are its trustees for the purpose of charity law. The trustees serving during the year and since the year end were as follows:

Mr D McAleavy

Mr P Nolan (Chair)

Prof D Shaw Mr R Rogers (Resigned 13 October 2023) Mr R Pearson

Key Personnel

Employees from related organisations have provided their services for the charity:

Business & Finance Manager Mr S Ali (employed by Community Forest Trust) until May 2024 followed by Mr B Buggy

Organisation

The board of trustees meets quarterly to review the foundation's performance and make strategic decisions. The board liaises with the finance team at Community Forest Trust and the Chair to ensure that it has access to the information it needs to make informed decisions. The board also receives regular updates from the key personnel. The trustees during the year were trustees of other organisations as follows:

Community Forest Trust Community Forest Land Trust Paul Nolan N\A Appointed: 29 Oct 2013 Dave Shaw Appointed: 15 November 2011 Appointed: 1 October 2019 Rick Rogers N/A Appointed: 1 September 2019 Dave McAleavy N/A Appointed: 1 October 2019 Roger Pearson N/A Appointed: 14 October 2022

MERSEY FOREST FOUNDATION

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2024

Related parties and co-operation with other organisations

None of the trustees 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 17 of the financial statements.

Risk Management

The monitoring and management of risk is a dynamic process and the charity faces some level of risk in the activities, events and contracts that it engages in. The trustees have a risk management strategy which comprises:

The charity’s review of its risk management will continue to help ensure:

Small companies provisions

This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

The report was approved by the board of trustees.

Mr P Nolan (Chair)

Dated: 28 March 2025

MERSEY FOREST FOUNDATION

STATEMENT OF TRUSTEES' RESPONSIBILITIES

FOR THE YEAR ENDED 30 JUNE 2024

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 statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements 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 other irregularities.

MERSEY FOREST FOUNDATION

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES' REMUNERATION OF MERSEY FOREST FOUNDATION

I report to the trustees on my examination of the financial statements of Mersey Forest Foundation (the charity) for the period ended 30 June 2024.

Responsibilities and basis of report

As the Trustees' remuneration of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).

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

Independent examiner's statement

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

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

Anita C Mason BA(Hons) BFP FCA Mitchell Charlesworth Suite 5.1 12 Tithebarn Street Liverpool L2 2DT

Dated: 28 March 2025

MERSEY FOREST FOUNDATION

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 30 JUNE 2024

Unrestricted
Restricted
funds
funds
2024
2024
Notes
£
£
Income from:
Donations and legacies
4
8,184
2,500
Charitable activities
5
-
8,160
Investments
6
39,132
-
Total income
47,316
10,660
Expenditure on:
Charitable activities
7
20,114
18,560
Net income/(expenditure) for
the year/
Net movement in funds
27,202
(7,900)
Fund balances at 1 July 2023
48,517
43,054
Fund balances at 30 June
2024
75,719
35,154		 Total
Unrestricted
Restricted
funds
funds
2024
2023
2023
£
£
£
10,684
18,124
-
8,160
-
-
39,132
19,995
-
57,976
38,119
-
38,674
3,454
-
19,302
34,665
-
91,571
13,852
43,054
110,873
48,517
43,054		 Total
2023
£
18,124
-
19,995
38,119
3,454
34,665
56,906
91,571

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

MERSEY FOREST FOUNDATION

BALANCE SHEET

AS AT 30 JUNE 2024

2024
Notes
£
Current assets
Debtors
13
10,168
Cash at bank and in hand
2,045,996
2,056,164
Creditors: amounts falling due within one
year
14
(1,945,291)
Net current assets
Income funds
Restricted funds
15
Unrestricted funds		 2023
£
£
8,360
2,027,226
2,035,586
(1,944,015)
110,873
35,154
75,719
110,873		 £
91,571
43,054
48,517
91,571

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 30 June 2024.

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 statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its 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 otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Trustees' Remuneration on 28 March 2025

Mr P Nolan (Chair)

Trustee

Company registration number 09153749

MERSEY FOREST FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

1 Accounting policies

Charity information

Mersey Forest Foundation is an incorporated charity registered in England and Wales. The registered office is 14th Floor The Plaza, 100 Old Hall Street, Liverpool, England, L3 9QJ.

1.1 Reporting period

The financial statements have been prepared for the year 1 July 2023 to 30 June 2024. In comparison, the period covered in the last set of accounts was 1 April 2022 to 30 June 2023.

1.2 Accounting convention

The financial statements have been prepared in accordance with the charity's Memorandum and Articles of Association, the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). 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 statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies are set out below.

The Charity has taken advantage of the provisions in the SORP for Charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

1.3 Going concern

At the time of approving the financial statements, the Trustees' remuneration have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees' remuneration continue to adopt the going concern basis of accounting in preparing the financial statements.

1.4 Charitable funds

Unrestricted funds are available for use at the discretion of the Trustees' remuneration in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.

MERSEY FOREST FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024

1 Accounting policies

(Continued)

1.5 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 entitlement; where any performance conditions have been met; where it is probable that the income will be received, and the amount can be measured reliably.

Income received in advance of a specific project would be deferred until the criteria for income recognition are met.

Grants made to finance the activities of the bureau are credited to the statement of the financial activity in the period to which they relate.

Grants received in advance of the period in which the funder requires the expenditure to be applied will be reflected in deferred income within the balance sheet.

Donated Services and Facilities

Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that the economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), volunteer time is not recognised and for this current year there has been no volunteer input.

On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

Interest Receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

Fund Accounting

Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity’s work.

1.6 Expenditure

Expenditure and Irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required, and the amount of the obligation can be measured reliably. Expenditure is classified as follows:

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

1.7 Cash and cash equivalents

Cash at bank and at hand

Cash at bank includes cash and short term highly liquid investments with a short maturity of 3 months or less from the date of deposit.

MERSEY FOREST FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024

1 Accounting policies

(Continued)

1.8 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity’s balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.9 Taxation

As a registered charity, the Company benefits from various exemptions from taxation afforded by tax legislation and is not liable to corporation tax on income or gains falling within those exemptions.

The charity is also able to partially recover Value Added Tax. Expenditure that is not recoverable by the charity is recorded in the accounts inclusive of VAT.

MERSEY FOREST FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2024

1 Accounting policies

(Continued)

1.10 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11 Debtors

Debtors are recognised at the settlement amount due.

1.12 Creditors

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 to a third party and the amount due to settle the obligation can be measured or estimated reliably.

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying 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.

Accruals

A provision is made in the accounts for any goods / services received in the year where payments are not processed until after the year-end date.

Deferred Income

A provision is based on the total grant received less any income recognised in the year.

3 Legal Status

The Charity is a company limited by guarantee and has no share capital, In the event of the charity being wound up, the liability in respect of the guarantee is limited to £10 per member of the charity.

4 Donations and legacies

Unrestricted Restricted Total Unrestricted Total
funds funds funds
2024 2024 2024 2023 2023
£ £ £ £ £
Donations and gifts 8,184 2,500 10,684 18,124 18,124

MERSEY FOREST FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2024

5 Charitable activities

5 Charitable activities
Restricted Total 2023
Funds
2024
£ £
Grants received 8,160 -
6 Investments
Unrestricted Unrestricted
funds funds
2024 2023
£ £
Interest receivable 39,132 19,995

The charity’s investment income of £39,132 (2023: £19,995) arises from money held in interest bearing deposit accounts and bank interest received.

7 Charitable activities

Unrestricted
Funds
Restricted
Funds
2024
2024
£
£
Project costs
756
8,560
Insurance
1,042
-
Administration costs
338
-
Donations payable
15,584
10,000
17,720
18,560
Share of governance costs
(see note 8)
2,394
-
20,114
18,560
Analysis by fund
Unrestricted funds
20,114
-
Restricted funds
-
18,560
20,114
18,560		 Total
2024
Unrestricted
Funds
Restricted
Funds
2023
2023
£
£
£
9,316
-
-
1,042
1,175
-
338
42
-
25,584
-
-
36,280
1,217
-
2,394
2,237
-
38,674
3,454
-
20,114
3,454
-
18,560
-
-
38,674
3,454
-		 Total
2023
£
-
1,175
42
-
1,217
2,237
3,454
3,454
-
3,454

MERSEY FOREST FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2024

8 Support costs

Support costs
Governance
costs
£
£
Independent examiners fee
-
1,350
Accountancy
-
1,044
-
2,394
Analysed between
Charitable activities
-
2,394		 2024 Support costs
Governance
costs
£
£
£
1,350
-
1,120
1,044
-
1,117
2,394
-
2,237
2,394
-
2,237		 2023
£
1,120
1,117
2,237
2,237

9 Trustees' Remuneration

None of the trustees (or any person connected to them) received any remuneration or were reimbursed expenses during the year. (2023: £Nil).

10 Employees

The average monthly number of employees during the year was:

2024 2023
Number Number
Total - -

There were no employees whose annual remuneration was more than £60,000.

11 Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxationof Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

12
Financial instruments
Carrying amount of financial assets
Debt instruments measured at amortised cost
Carrying amount of financial liabilities
Measured at amortised cost		 2024
£
2,046,138
13,978		 2023
£
2,027,226
5,862

MERSEY FOREST FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2024

13
Debtors
Amounts falling due within one year:
Trade debtors
Prepayments and accrued income
14
Creditors: amounts falling due within one year
Notes
Deferred income
Trade creditors
Accruals and deferred income		 2024
£
142
10,026
10,168
2024
£
1,931,313
9,364
4,614
1,945,291		 2023
£
-
8,360
8,360
2023
£
1,939,473
378
4,164
1,944,015

MERSEY FOREST FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2024

15 Restricted funds

The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:

Movement in Movement in funds Movement in funds
funds
Balance at Incoming Balance at Incoming Resources Balance at
1 July 2022 resources 1 July 2023 resources expended 30 June 2024
£ £ £ £ £ £
Harbison Walker International 11,985 - 11,985 - - 11,985
Remondis UK 5,000 - 5,000 - - 5,000
Cheshire West and Chester 904 - 904 - - 904
Groundwork 435 - 435 - - 435
LEC (Liverpool) 12,000 - 12,000 - - 12,000
Lower Dane WFD Interventions 2,820 - 2,820 - - 2,820
Karl Vella Group 10,000 - 10,000 - (10,000) -
Wealth at work - - - 2,500 (400) 2,100
Colliers Moss North - - - 8,160 (8,160) -
43,054 - 43,054 10,660 (18,560) 35,154

MERSEY FOREST FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2024

15 Restricted funds

(Continued)

The Harbison Walker International fund is for the planting of trees at schools.

The Remondis UK fund is a fund to support Trees for Learning.

The Cheshire West and Cheshire Fund is for the planting of trees at the Countess of Chester Country Park, Upton School and Countess of Chester Hospital.

The Groundwork's fund is for the planting of trees at Risley Moss and Allerton Oak.

The LEC (Liverpool) Ltd, fund is for the provision of Community Green spaces at Lyme & Wood Landfill site and Colliers Moss Common.

The Lower Dane WFD Interventions fund relates to the Water Frame Directive.

The Karl Vella Group supports woodland planting, particularly with schools in the Cheshire area.

Wealth at Work was a donation from a business towards tree planting.

The Colliers Moss North fund is work to support habitat restoration.

MERSEY FOREST FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2024

16
Analysis of net assets between funds
Unrestricted
funds
Restricted
funds
2024
2024
£
£
Fund balances at 30
June 2024 are
represented by:
Current assets/(liabilities)
75,719
35,154
75,719
35,154		 Total
Unrestricted
funds
Restricted
funds
2024
2023
2023
£
£
£
110,873
48,517
43,054
110,873
48,517
43,054		 Total
2023
£
91,571
91,571

17 Events after the reporting date

There are no post balance sheet events to report (2023: None)

18 Related party transactions

During the year the charity made donations to Community Forest Trust, the parent charity, of £25,584.