Treasurer’s Report for the year ended 30 June 2022
Background
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.
Summary
The Westcombe Woodlands have perhaps weathered the past year better than those of us who are Friends and volunteers and enjoyed in the past the monthly work sessions and the Open Days. We have had to forego those pleasures during the lockdown. But hopefully, those days of enjoying both being in and working in the woodlands are again approaching with the loosening of the restrictions.
The Woodlands has not been left entirely to their own devices in the last 12 months. The fruit trees in the glade have been pruned recently and the pond cleared. Some substantial tree felling work has had to be done at the border between the Woodlands and Seren Park.
Income and Expenditure
Our income for this year primarily comprised Friends subscriptions of £1,400 up from £1,050 the prior year, Honey Sales of £640 up from £219 and Book and Card Sales of £156.
Key Expenditure was Tree Felling of £2,080, the Seed to Tree Project at £1,128 and completion of the Bee Project at £970, with funding from a Grant in the prior year.
Overall Reserves remained robust at £26,135 down from £28,164, but the reduction represents the spending of Grant received in the prior year.
The Statement of Income and Expediture is attached.
Miles Storey Treasurer
The Friends of Westcombe Woodlands Charitable Incorporated Organisation (CIO) Year ended 30 June 2022
Year to 30 June R&P to 30 June 2022
| Receipts Seed to Tree Actuals Restricted funds Unrestricted fund YE 30 June 2022 Total Life subscriptions 750.00 750.00 Annual subcriptions 650.00 650.00 Donations 124.23 124.23 Collection for Hospice - Open Gardens 226.00 226.00 Honey Sales 640.00 640.00 Books and Cards 156.00 156.00 Frank Smith Leaflet Donation 0.00 0.00 Interest 0.00 0.00 Gift aid tax relief 0.00 0.00 Seed to Tree Grant 0.00 0.00 Bee Project 0.00 0.00 0.00 0.00 2,546.23 2,546.23 Payments Trees 0.00 0.00 Seeds / bulbs 0.00 0.00 Tree survey 0.00 0.00 Tree surgery 2,080.00 2,080.00 Bee Project 970.31 970.31 Volunteer and Open Day costs 364.53 364.53 Tool shed 0.00 0.00 Christmas Card Expnses 0.00 0.00 Newsletter printing 0.00 0.00 Insurance 188.00 188.00 Domain name / IT 76.81 76.81 AGM costs 0.00 0.00 Bank charges 0.00 0.00 Card Machine Costs 15.00 15.00 Subcriptions 40.00 40.00 Donations - Hospice Open Gardens 226.00 226.00 Frank Smith Leaflet Production 0.00 0.00 Seed to Tree Staffing 0.00 0.00 Seed to Tree Project Admin 200.00 200.00 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 Film Growth Fund 900.00 900.00 Seed to tree - nest box materials 28.40 28.40 Seed to Tree Mammal Camera 0.00 0.00 1,128.40 0.00 3,960.65 5,089.05 Surplus / (deficit) for the year -1,128.40 0.00 -1,414.42 -2,542.82 Bee Project Expenditure Liability 544.91 544.91 First aid kit double payment - refund due 31.13 -31.13 Balance brought forward from 2020/2021 1,257.01 21,073.00 5,834.95 28,164.96 Balance carried forward 128.61 21,073.00 4,420.53 26,135.92 Handelsbanken Bank Balance 26,135.92 |
YE 30 June 2021 Actual 400.00 650.00 0.00 218.95 80.58 1,020.00 5.52 0.00 898.00 1,073.00 |
|---|---|
| 4,346.05 | |
| 75.84 0.00 0.00 4,101.00 0.00 0.00 0.00 0.00 0.00 213.00 62.37 0.00 6.45 17.40 40.00 1,020.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 |
|
| 5,536.06 | |
| -1,190.01 | |