Treasurer’s Report for the year ended 30 June 2021
The statements and receipts on the attached accounts show our financial position for the year - together with comparative figures for the previous year.
The Friends of Westcombe Woodlands were formed in 2012 and became a Charitable Incorporated Organisation (CIO) in 2015 to enable us to enter into a 999 year lease with the Woodland Trust. This has the effect of a “free transfer” of the freehold of Westcombe Woodlands from Blackheath Preservation Trust to the Woodland Trust.
The lease gives the Friends the long-term security to “promote for the public benefit, the conservation, protection and improvement “ of the woods. We are doing this by following a management plan and by involving the local community including schools and organisations.
Our income for this year comprised Friends subscriptions (there was an increase in both annual and life membership), a large donation to cover the costs of a new membership leaflet, grant aid, income from sale of honey and books, and bank interest.
The Seed to Tree funding represents the final 10% of our grant for the schools project (total £9,800) which was due on submission of the project report. Due to the pandemic we were unable to run the final planned sessions for the schools in March 2020 and agreed with Greenwich (the funder) that the unspent balance of funds for the project be allocated to the production of four short films about the Seed to Tree process for the participating schools.
A new project focussed on the bees was awarded funds from the London Bee Keepers Association (LBKA) as well as attracting a small private donation. The project will involve planting wildflower turf for pollinators and water harvesting to supply water to the pond.
Expenditure
The major expenditure has been tree surgery. Mark Fenn and his team worked on the site in August and December 2020 and March 2021. A number of trees identified on the 2020 Tree Survey were prioritised for attention. The free loan of a cherry-picker from Mace enabled work on the canopy adjacent to Seren Park in December. For Insurance we renewed with The Insurance Experts - who have a specialism in cover for Woodland owners and coppicers.
Bank
To facilitate payments and processing credits we (Rich) have registered for electronic banking with Handelsbanken. After a few teething problems access to this facility is stabilising. A query to the bank - on their applying charges to credit our account with annual membership renewals - resulted in that charge being reimbursed.
The Friends of Westcombe Woodlands Charitable Incorporated Organisation (CIO) Year ended 30 June 2021
Year to 30 June R&P to 30 June 2021
| Receipts Seed to Tree Actuals Restricted funds Unrestricted fund 2021 Total Life subscriptions 400.00 400.00 Annual subcriptions 650.00 650.00 Donations 0.00 Honey Sales 218.95 218.95 Books and Cards 80.58 80.58 Frank Smith Leaflet Donation 1,020.00 1,020.00 Interest 5.52 5.52 Gift aid tax relief 0.00 Seed to Tree Grant 898.00 898.00 Bee Project 1,073.00 1,073.00 898.00 2,093.00 1,355.05 4,346.05 Payments Trees 75.84 75.84 Seeds / bulbs 0.00 0.00 Tree survey 0.00 0.00 Tree surgery 4,101.00 4,101.00 Bee Project 0.00 0.00 Equipment 0.00 0.00 Tool shed 0.00 0.00 Christmas Card Expnses Newsletter printing 0.00 0.00 Insurance 213.00 213.00 Domain name / IT 62.37 62.37 AGM costs 0.00 0.00 Bank charges 6.45 6.45 Card Machine Costs 17.40 17.40 Donations and subcriptions 40.00 40.00 Frank Smith Leaflet Production 1,020.00 1,020.00 Seed to Tree Staffing 0.00 0.00 Seed to Tree Project Admin 0.00 0.00 Seed to tree expenses 0.00 0.00 Seed to Tree Planting materials 0.00 0.00 Seed to Tree ID 0.00 0.00 Seed to Tree Outdoor Flask/Cups 0.00 0.00 Seed to Tree Mammal Training and Kit 0.00 0.00 Seed to Tree Mammal Camera 0.00 0.00 0.00 1,020.00 4,516.06 5,536.06 Surplus / (deficit) for the year 898.00 1,073.00 -3,161.01 -1,190.01 Balance brought forward from 2019/2020 359.01 20,000.00 8,995.96 29,354.97 Balance carried forward 1,257.01 21,073.00 5,834.95 28,164.96 Handelsbanken Bank Balance 28,164.96 |
2020 Actual 0.00 470.00 271.80 0.00 0.00 0.00 95.60 0.00 0.00 0.00 |
|---|---|
| 837.40 | |
| 0.00 0.00 910.00 0.00 0.00 29.59 0.00 0.00 43.75 173.80 48.11 0.00 22.44 0.00 60.00 0.00 4,500.00 1,000.00 34.09 12.46 0.00 37.98 60.00 198.98 |
|
| 7,131.20 | |
| -6,293.80 | |