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2023-03-31-accounts

People Need Nature Financial Statements Year Ended 31st March 2023

Charity registration number: 1162187

People Need Nature Trustees’ Annual Report Year Ended 31[st] March 2023

Contents

Contents
Page
Charity Reference and Administrative Details 2
Trustees’ Annual Report 3-9
Trustee Biographies 9-10
Independent Examiner’s Report 11
Statement of Financial Activities 12
Balance Sheet 13
Statement of Cash Flows 14
Notes to the Financial Statements 15-21

People Need Nature Trustees’ Annual Report Year Ended 31[st] March 2023

Charity registration number

Charity registration number 1162187 Trustees Al Anstey (Chairman) Keith Datchler OBE (resigned 13 December 2022) Gary Roberts (Treasurer) Lisa Schneidau Matthew Shaw Sue Dancey Professor David Leaper Chief Executive Officer Miles King Principal office 91 South Court Avenue Dorchester DT1 2DA Bankers CAF Bank 25 Kings Hill Ave, Kings Hill, West Malling, Kent, ME19 4TA. Accountants CLIFFORD TOWERS Chartered Accountants The Hall Priory Hill Rugby Road Wolston CV8 3FZ

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People Need Nature Trustees’ Annual Report Year Ended 31[st] March 2023

The Trustees of People Need Nature (“PNN” or “the Charity”) present their report and the financial statements of the Charity for the year ending 31st March 2023. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” (FRS 102) in preparing the annual report and financial statements of the Charity.

Trustees of the Charity

The trustees who have served during the year and since the year end are as follows: Keith Datchler OBE – (resigned 13 December 2022)

AI Anstey Lisa Schneidau Gary Roberts Matthew Shaw Sue Dancey Professor David Leaper

Mission Statement

To emphasize our responsibilities to nature: to value it, to safeguard it, to learn about it and to take decisions for its future

Objectives and activities

The objectives of the Charity are

a) To promote for the benefit of the public the conservation, protection and improvement of the physical and natural environment by promoting biological diversity, and

b) To advance the education of the public in the conservation, protection and improvement of the physical and natural environment.

People Need Nature exists to promote the value and need for nature in people’s lives. We work in three ways:

Research and evidence

We are collecting existing evidence, or commissioning new research, including public attitude surveys, to highlight the intangible value of nature. We focus on three strands: nature’s spiritual value; nature as inspiration; and how these ethics are applied to public decisions about nature.

Cultural projects

We develop innovative partnerships and collaborations with poets, artists, musicians, writers and arts organisations, to celebrate the sensory, emotional spiritual and inspirational values of nature, through projects performances, exhibitions and publications.

Advocacy

We advocate a different approach to how nature is valued and protected, particularly in relation to publicly owned land, public policy making and public expenditure. We aim to influence and drive new policy. We are particularly interested in promoting the intangible benefits that nature provides which are often ignored or undervalued by decision makers.

To achieve these charitable objects People Need Nature will:

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People Need Nature Trustees’ Annual Report Year Ended 31[st] March 2023 Public benefit statement

In shaping our objectives for the period and planning our activities, the trustees have considered the Charity Commission’s guidance on public benefit, including the guidance ‘public benefit: running a charity (PB2)’.

During the year ended March 2023, People Need Nature continued to publicise its work via its website (www.peopleneednature.org.uk) and through the use of Social Media. The website contains information useful to the public for them to develop their understanding of the value of nature as a source of inspiration, for spiritual value and the value of nature in the public realm; and provides information about projects PNN is working on,and has been involved with. The website also contains a blog exploring topics and stories that inform its readership. Our social media accounts are used to provide information to the public about the value of nature, the work that PNN carries out; and to help them appreciate the value of nature in their own lives. We also distribute an occasional online newsletter to 300 people and organisations who subscribe to it.

Introduction

The year 2022/23 saw People Need Nature continue to develop its key project in Poundbury, Dorchester Dorset, in partnership with the Duchy of Cornwall. By March 2023, the Poundbury Nature Project covered ten Hectares of land within the development, including the Great Field flower meadows, The Swale, The Middle Farm Way slopes and Fire Station Green.

Most income during 2022-223 was received from the Duchy of Cornwall for work on the Poundbury Nature Project. Generous grants previously received from the Henry C Hoare Trust and Golden Bottle Trust continued to be used where needed.

The Trustees worked with chief executive Miles King through the year developing existing and new projects and building a network of organisations and individuals whose interests overlap with PNN’s. We continued to promote the sensory, emotional and spiritual value of nature for people, in a variety of different contexts.

Following the CEO’s diagnosis of Chronic Vestibular Migraine in September 2021, his health started to improve gradually with a new medication regime. Although the treatment helped reduce some of the symptoms, he is still very limited in what work he can do. He was employed at a rate of 1 day a week from April to October. During the year he took on more of the practical management work within the Poundbury Nature Project, as this is work which avoids triggering his Vestibular Migraine symptoms. As a consequence he was able to increase his hours to 1.5 days a week. During early 2023 the CVM symptoms returned and worsened, possibly as a result of Covid and Influenza infections.

Funding/Fundraising

People Need Nature continued to receive funding from the Duchy of Cornwall for our work with them on various nature projects around their flagship development at Poundbury, including the creation of new urban wildflower meadows, wildflower enhancements of existing road verges and banks; advice on creating new wildlife habitats elsewhere in Poundbury; developing arts/nature projects; and working with the Damers first school on wildflower and nature/arts projects. The National Trust providing funding for MK to carry out research into community involvement in woodland creation, which included developing the Tree Rings project.

Projects

Poundbury Meadows

During 2022 and early 2023 the Poundbury Nature Project continued to evolve. Some experimental work took place in The Swale, using a grass specific herbicide (Fusilade) to try and minimise the area of ground covered by coarse and creeping grasses. This proved very successful and combined with the extraordinarily hot and dry Summer of 2022 to create a flowery spectacle, much admired by residents and visitors alike.

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People Need Nature Trustees’ Annual Report Year Ended 31[st] March 2023

The hot dry Summer also saw the main areas of wildflower meadow on The Great Field, put on a flowery show, although previous disturbance by vehicles led to some large patches of Bristly Ox-Tongue which proved persistent. Yellow-Rattle, which had been sown in 2021, started to appear and this will help reduce the vigour of coarse grasses in future year.

The Jubilee Meadow project on Fire Station Green continued apace and during the Summer of 2022 wild seed was collected from a particularly flower-rich area on the nearby Iron Age Hill Fort Maiden Castle, and then strewn in a strip running through Fire Station Green. A large population of about 70 Bee Orchids appeared on Fire Station Green during the Summer of 2022.

Work started in the Autumn of 2022 to clear encroaching Dogwood and Himalayan Bramble from the Middle Farm Way slope. Elsewhere on the slope, the Yellow-Rattle sown in Autumn 2021 was providing very successful in reducing the vigour of coarse grasses. Our partners at EUCAN continued to carry out some large scale mowing and raking on Fire Station Green and the Middle Farm Way slopes. In December, we were also able to organise a visit from Dorset Council with their cut and collect machines, for the first time. They removed the Autumn regrowth from Fire Station Green. For the first time in Autumn 2022 MK was joined by a small group of local volunteers who have been helping with the management work.

MK also advised National Highways about introducing wildflowers to a number of roadside verges along the Dorchester Bypass, where flood remediation work was being carried out. This resulted in the creation of wildflower-rich verges, to replace ones previously dominated by grasses. A flood alleviation scheme on the edge of Poundbury (by the “Monkeys Jump” roundabout) was also sown with wildflowers following advice provided by People Need Nature.

MK continued his work with Damers First School, taking several groups of Year One children to Poundbury Iron Age Hillfort, to learn about wildflowers, and collect wildflower seeds to sow on the Great Field. In March 2023 a small group of children from Damers carried the inaugural planting at the Damers Wildflower Meadow, at the northern end of the Swale. Lady’s Bedstraw grown from metaterial collected in July 2021 was planted out, and Bee Orchid seeds collected from Fire Station Green were sown.

Towards the end of 2022 the idea of a green social prescribing project based on the Great Field was revisited (first discussions took place in 2019). A meeting took place between MK, DL and Michael Dooley of the College of Medicine and Integrated Health, at which we were encouraged to put a funding proposal to the College. In early 2023 this proposal was accepted and the College agreed to fund a Green Social Prescribing project, using nature-based activities to help people improve their mental health and wellbeing. In late 2022, Waitrose Poundbury also provided a generous donation towards this project.

Arts/Nature Projects

Tree Rings

MK completed his work for the National Trust exploring community involvement with woodland creation projects, with a visit to the Chettle Estate in Dorset, having already visited the Woodland Trust Centenary Wood at Langley Vale (Surrey), The National Forest, The National Arboretum and The Heart of England Forest. A report was prepared and sent to the National Trust in May 2022.

Young Poets Network

In early March 2023 our fifth challenge with the Poetry Society’s Young Poets Network was launched, exploring the topic of Green Social Prescribing. The challenge was launched on National Social Prescribing Day, 9[th] March.

Communication and Advocacy

Communications

During the year MK wrote a quarterly article on the Poundbury Nature project for the Poundbury community magazine, produced by the Poundbury Community Trust charity.

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People Need Nature Trustees’ Annual Report Year Ended 31[st] March 2023

The magazine is distributed to all Poundbury residents and businesses every quarter. These articles have helped greatly in informing the Poundbury residents about the project. MK also made a presentation on the nature project to the Poundbury Residents Association, following a request from the Duchy.

The King (Prince Charles at the time) visited Poundbury in May 2022 to open the new Great Field Play Area. MK had the opportunity to talk to him about progress with the Poundbury Nature Project.

Partner Organisations

MK arranged for Tony Juniper, Chair of Natural England, to visit Poundbury in June 2022. The Duchy welcomed Tony and a group of senior management from Natural England, and MK showed the group the Poundbury Nature Project and discussed its relevance to wider urban conservation issues. Damers First School welcomed the group and there was a lively discussion about the vital importance of nature in early years education. Later on the same day MK arranged for the Natural England group to visit the Mid-Dorset farm cluster and Juniper spoke to the assembled farmers, landowners and other organisation representatives.

Our partner organisation the Casterbridge Arts Society (now renamed Art in Poundbury) held a “paint out” on The Great Field as part of the Queen’s Platinum Jubilee celebrations. About six artists set up around the meadows on the day and painted on the spot (en plein air). Visitors were able to stop and talk to the artists about their work and MK was on hand to discuss the nature project and how wildlife and people were benefiting from it.

During the Summer of 2022 MK led a series of guided walks as part of Dorchester Town Council’s Hillforts and Henges festival; at Maumbury Rings, Poundbury Hillfort and Maiden Castle

After the Year End

Most of 2023 has been taken up with fundraising, project development and organising activities for the Green Social Prescribing project Poundbury Nature for Wellbeing. This has been People Need Nagure’s most successful project to date. We have raised over £15000 and have created a range of nature-based activities to help people who would benefit from interventions to improve their mental health and wellbeing. Activities including meadow management, various different types of art (with sessions provided and led by volunteers from Art in Poundbury), singing and nature photography and mindfulness have begun. In the new year in addition to these, we will introduce storytelling, tai chi, poetry, yoga, foraging and breath-body-mind. We are recruiting referrals from our local GP practices and mental health primary care providers. This is a pilot project which will run through 2024 into the Autumn and possibly longer, depending on future fundraising success. We are grateful to the College of Medicine and Integrated Health, Dorset Council, Dorchester Town Council, Poundbury Waitrose, the Aviva community fund and all the donors who gave so generously via the Save our Wild Isles Crowdfunder.

Our fifth PNN/Young Poet’s Network challenge on green social prescribing written by mental health nurse and - - poet Romalyn Ante received 350 poems from around the world. https://poetrysociety.org.uk/news/new poems by-young-people-published-exploring-the-impact-of-nature-on-wellbeing/

Our partnership with Art in Poundbury continued to flourish and MK was on hand to help at their “Art in the Park: The Great Poundbury Paint Out” competition, in which 85 artists painted in and around The Great Field, inspired by the nature and landscapes there. The event was very successful, with judging by the landscape artist of the year 2023. https://artinpoundbury.co.uk/art-in-the-park-the-paintings/

Financial review

In 2023 the Charity had a surplus of £1,180 (2022 deficit £ 3,763). The Trustees have determined that it is not yet necessary to have a Reserves Policy. This situation will be reviewed in 2023-24.

Investment Policy

People Need Nature continues to be a small charity with limited income. Accordingly, the Trustees have concluded that it is not necessary to have an investment policy. When PNN has sufficient funds that they would benefit from investment, the Trustees will agree an investment policy. At present PNN’s funds are held with CAF Bank and PNN has no fixed assets.

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People Need Nature Trustees’ Annual Report Year Ended 31[st] March 2023

Structure, governance and management

People Need Nature is a Charitable Incorporated Organisation (CIO) formally registered with the Charity Commission on the 15[th] June 2015. People Need Nature adopted a standard Charity Commission constitution as a CIO whose only voting members are its Trustees – it is not a membership organisation. This constitution forms People Need Nature’s governing document. As a CIO, People Need Nature has a Trustee Board comprising a minimum of three Trustees. When the Charity was registered in June 2015, Three Trustees volunteered to form the Trustee Board. The PNN Constitution states that the initial Trustees were appointed for a period of four years (Keith Datchler), three years (Al Anstey) and two years (Norman Crighton) and could be subsequently reappointed. Keith Datchler and Norman Crighton have now left the Board. The Constitution enables existing Trustees to decide when to appoint other Trustees (up to a maximum of twelve Trustees), based on the skills and experience they can bring to the Board. The Trustee Board currently comprises six Trustees.

The Trustee Board take responsibility for the overall governance of the charity, its activities and strategy, financial planning, fundraising, risk management and overall performance. They are committed to raising awareness of the charity and its purpose, in order to promote its goals and vision.

The Trustees are committed to meeting at least four times a year (plus an AGM) and correspond regularly between meetings either by phone or email. All decisions about the charity are made collectively and with all Trustees’ agreement. The CEO is responsible for the day to day running of the charity, and reports to the Trustee Board. Trustees are proactive in supporting the CEO with the work of the charity.

All People Need Nature Trustees give their time freely and receive no remuneration for their work. Trustees may claim out of pocket expenses for activities related to fulfilling their duties and responsibilities – no Trustees claimed expenses during the year. Trustees are required to disclose all relevant interests and notify the chair of Trustees and in accordance with the Trust’s policy, withdraw from any decisions where there may be a conflict of interest.

Under the Constitution the Trustees have the power to invest monies of the Charity, which are not immediately required for its own purposes.

Recruitment of additional Trustees will be carried out as necessary to maintain and develop a Trustee Board with a diverse range of skills to oversee the work of the Charity. New Trustees will be inducted onto the Trustee Board and provided with all the necessary information and guidance on the roles and responsibility of being a Charity Trustee.

The Charity is a Charitable Incorporated Organisation (CIO). Its only voting members are its charity trustees. It is governed by its constitution dated 15[th] June 2015.

Risk Review

The Board of Trustees has been monitoring the progress of the Charity against the “People Need Nature Business Plan 2015-2017” which was drafted by the Board prior to the formal establishment of the Charity in June 2015. Within that document a number of risks were identified and addressed including the following;

Governance Risks – the Trustees regularly review the composition of the Board. The current Trustees and CEO have a broad range of skills necessary to oversee the operation and finance of the Charity.

Operational Risks – The CEO (and Trustees) follow best practice with regard to Health and Safety advice and the Business Plan includes a Health and Safety Policy. The CEO and Trustees have a broad range of skills and are aware that additional training will be available in any aspect of their role they feel needs additional support. DDuring 2023 the PNN Safeguarding Policy was updated, Lisa Schneidau was designated Safeguarding Lead. LS will complete Safeguarding training to level 3, MK to level 2 and two other trustees will complete level 1 Safeguarding training. LS and MK are also completing outdoor First Aid training in January 2024. MK is completing Mental Health First Aid training in January 2024.

In February 2017 the Board agreed that the Treasurer would construct a Risk Register, which was constructed during Spring 2017. This is a live document enabling the Trustees to identify and monitor risks, ensure they were appropriately managed, and ensure compliance with necessary legislation.

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People Need Nature Trustees’ Annual Report Year Ended 31[st] March 2023

Financial Risks

The Trustees regularly review the financial health of the Charity at the Quarterly Trustee meetings and in frequent email and telephone communications.

The Treasurer controls the bank account and approves all payments.

The Treasurer has access to the bank accounts over the internet and can monitor all cash flows in and out of the accounts.

Cheques issues by the Charity must be raised by the CEO and signed for by two of the Trustees (Gary Roberts and Professor David Leaper). Bank Payments must be raised by the CEO and authorised by one other Trustee (Gary Roberts or Professor David Leaper).

The Board is aware of the risks associated with the early stages of any enterprise and are taking steps to ensure the financial stability of the Charity over the medium to long term.

External Risks

The perception and reputation of the Charity is of fundamental importance to the CEO and the Trustees. The Board monitors the Charity’s profile on social media as well as the various publications from the CEO, including blog posts on the PNN website, conference presentations and submissions to Parliamentary Inquiries. Political risk – the Charity is apolitical and seeks to work with all political persuasions to fulfil its objectives.

Compliance with the Law and Regulation – The CEO and Trustees regularly receive the Charities Commission News in order to ensure that the Charity in fully compliant with the latest regulations and best practice.

Trustees’ responsibilities

The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales 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 of the Charity for that period. In preparing these financial statements, the trustees are required to:

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People Need Nature Trustees’ Annual Report Year Ended 31[st] March 2023

Biographies

Miles King (CEO)

Miles King has worked in nature conservation for 35 years, including leading the conservation work at The Grasslands Trust, Plantlife and Buglife. He has expertise in conservation policy and leadership. Miles has written and contributed to many reports, notably the Biodiversity Challenge series, England’s Green Unpleasant Land and Nature’s Tapestry. He also co-authored Arable Plants: a field guide; and The Nature of God’s Acre.

Al Anstey (chair of Trustees)

Al Anstey has had a 25-year career in journalism and international news. Until 2016 Al was the CEO of Al Jazeera America, overseeing the business and editorial operations for the U.S. cable news channel that covered both domestic and international news across multiple digital platforms based in New York. Al joined Al Jazeera English in Qatar in 2005 and held a range of leadership positions with the organization

Gary Roberts (Treasurer)

Gary Roberts is a professional fundraiser and has worked in senior roles in a wide variety of different organisations, mostly in the voluntary environmental sector.

Lisa Schneidau (Trustee)

Lisa Schneidau is a storyteller and environmentalist based on Dartmoor. She seeks out, and shares, traditional stories about the land and our complex relationship with it.

Lisa is the author of Botanical Folk Tales of Britain and Ireland (History Press, 2018) and the forthcoming Woodland Folk Tales of Britain and Ireland (History Press, 2020). She tells stories at events, nature reserves, arts centres and schools, including performance storytelling, training and storytelling development within education. There’s more information about Lisa’s storytelling performances, projects and writing at www.lisaschneidau.co.uk

Lisa trained as an ecologist and has worked in British nature conservation for over twenty years, mainly for Wildlife Trusts in roles as diverse as farm advisor, lobbyist and conservation director. She works for Devon Wildlife Trust managing the Northern Devon Nature Improvement Area, a landscape-scale initiative across the Torridge and Taw river catchments working with farmers and communities.

Matthew Shaw (Trustee)

Matthew Shaw is a Dorset-based composer, musician, author, artist and film producer. Matthew spent 20 years as a senior manager at Lush Cosmetics and is the arts programmer at Sea Change Festival.

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People Need Nature Trustees’ Annual Report Year Ended 31[st] March 2023 Sue Dancey (Trustee)

Sue grew up appreciating Wiltshire country lanes and has had the good fortune to work in environmental education for over 40 years. She worked with the Field Studies Council (FSC) for 80% of her working life mostly leading one of their larger field centres in Shropshire. She has also worked in agriculture, as a county surveyor and volunteered in teacher education in Africa. Her work has kept her well networked with established movements throughout the UK, including the government agencies, research groups such as the Floodplain Meadows Partnership (FMP), a long serving member of the Botanical Society for Britain and Ireland’s (BSBI) training and education committee and she became an honorary member of the National Biodiversity Network (NBN) in 2018. She is an advocate of evidence based conservation and to this end qualified in biological recording with an MSc and has run events with the National Forum for Biological Recording.

Now retired, she is spending more time exploring how people connect with nature and how this can be explored to the benefit of both the environment and people’s mental health. She maintains her botanical skills through her local recording society. She is interested in islands of conservation, particularly churchyards through the Caring for Gods Acre project and is a keen follower of the rewilding and appropriate reintroductions of iconic and keystone species. Her experience has been used through volunteering as a Treasurer and committee member locally, and contributing thinking to groups such as the BSBI, Field Studies Council, Floodplain Meadows Partnership and others including the Linnean Society of which she has been a fellow since 2013.

Professor David Leaper (Trustee)

David qualified from Leeds Medical School in 1970 and went on to become Professor of Surgery at the University of Newcastle upon Tyne with MD ChM and DSc research degrees. He has retired from clinical practice but is still active in research and teaching. He is a Dorchester Town Councillor, trustee of several charities, and became a Fellow on the Linnaean Society in 2010.

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People Need Nature Trustees’ Annual Report Year Ended 31[st] March 2023

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31st March 2023 , which are set out on pages 13 to 22.

Responsibilities and basis 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 Act’).

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

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

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2. the accounts do not accord with those records; or

  2. the accounts do not comply with the applicable requirements concerning the form 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 examination.

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 accounts to be reached.

Simon Towers FCA CLIFFORD TOWERS Chartered Accountants The Hall Priory Hill Rugby Road Wolston CV8 3FZ

9[th] January 2024

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People Need Nature Statement of Financial Activities Year Ended 31[st] March 2023

Note
Income and
endowments from:
Donations
Charitable Activities
Bank interest
Total income and
endowments
Expenditure on:
Charitable activities
2
Total expenditure
Net gains / (losses) on
investments
Netincome/(expenditure)
Transfers between
funds
Other recognised gains /
(losses):
Other gains / (losses)
Net movement in funds
Reconciliation of
funds:
Total funds brought
forward
10
Total funds carried
forward
10		 Unrestricted
funds
Designated
funds
Restricted
funds
Total funds
2023
Total funds
2022
£
£
£
£
£
12
-
-
12
36
12,515
-
150
12,665
8,025
6
-
-
6
-
12,533
-
150
12,683
8,061
10,048
1,455
-
11,503
11,824
10,048
1,455
-
11,503
11,824
-
-
-
-
-
2,485
(1,455)
150
1,180
(3,763)
-
-
-
-
-
2,485
(1,455)
150
1,180
(3,763)
-
-
-
-
-
2,485
(1,455)
150
1,180
(3,763)
265
1,950
-
2,215
5,978
2,750
495
150
3,395
2,215

All income and expenditure derive from continuing activities.

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People Need Nature Statement of Cash Flows Year Ended 31[st] March 2023

Note
Current assets
Debtors
8
Cash at bank and in hand
Current assets
Creditors: amounts falling due within one year
9
Net current assets
Charity Funds
Unrestricted funds
Designated funds
Restricted funds
Total charity funds
10		 2023
2022
£
£
815
-
3,180
2,828
3.995
2,828
600
613
3,395
2,215
2,750
-
265
1,950
150
-
3,395
2,215

13

People Need Nature Balance Sheet Year Ended 31[st] March 2023

eople Need Nature
alance Sheet
ear Ended 31st March 2023
Note
Cash flow from operating activities
12
Net cash flow from operating activities
Net increase/(decrease) in cash and cash equivalents
Cash and cash equivalents at 31st March 2022
Cash and cash equivalents at 31st March 2023
Cash and cash equivalents consists of:
Cash at bank and in hand
Cash and cash equivalents at 31st March 2023		 2023
2022
£
£
352
(3,350)
352
(3,350)
352
(3,350)
2,828
6,178
3,180
2,828
3,180
2,828
3,180
2,828

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People Need Nature Notes to the Financial Statements Year Ended 31[st] March 2023

1 Summary of significant accounting policies

(a) General information and basis of preparation

The Charity is a Charitable Incorporated Organisation (CIO). Its only voting members are its charity trustees. It is governed by its constitution dated 15[th] June 2015.

The Charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with 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) issued on 16 July 2014, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, and UK Generally Accepted Practice as it applies from 1 January 2015.

The financial statements are prepared on a going concern basis under the historical cost convention. The financial statements are prepared in sterling which is the functional currency of the charity.

The significant accounting policies applied in the preparation of these financial statements are set out below. In addition policies have been included which the trustees expect to become relevant as the charity grows.

(b) Funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

(c) Income recognition

All incoming resources are included in the Statement of Financial Activities (SoFA) when the Charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received.

For donations to be recognised the Charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the Charity and it is probable that they will be fulfilled.

Donated facilities and donated professional services are recognised in income at their fair value when their economic benefit is probable, it can be measured reliably and the Charity has control over the item. Fair value is determined on the basis of the value of the gift to the Charity. For example the amount the Charity would be willing to pay in the open market for such facilities and services. A corresponding amount is recognised in expenditure.

No amount is included in the financial statements for volunteer time in line with the SORP (FRS 102).

For legacies, entitlement is the earlier of the Charity being notified of an impending distribution or the legacy being received. At this point income is recognised. On occasion legacies may be notified to the Charity however it is not possible to measure the amount expected to be distributed. On these occasions, the legacy would be treated as a contingent asset and disclosed.

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People Need Nature Notes to the Financial Statements Year Ended 31[st] March 2023

(c) Income recognition (continued)

Income from trading activities includes income earned from fundraising events and trading activities to raise funds for the Charity. Income is received in exchange for supplying goods and services in order to raise funds and is recognised when entitlement has occurred.

(d) Expenditure recognition

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. It is categorised under the following headings:

Irrecoverable VAT is charged as an expense against the activity for which expenditure arose.

Grants payable to third parties are within the charitable objectives. Where unconditional grants are offered, this is accrued as soon as the recipient is notified of the grant, as this gives rise to a reasonable expectation that the recipient will receive the grants. Where grants are conditional relating to performance then the grant is only accrued when any unfulfilled conditions are outside of the control of the Charity.

(e) Support costs allocation

Support costs are those that assist the work of the Charity but do not directly represent charitable activities and include office costs, governance costs, and administrative payroll costs. They are incurred directly in support of expenditure on the objects of the Charity. Where support costs cannot be directly attributed to particular headings they have been allocated to cost of raising funds and expenditure on charitable activities on a basis consistent with use of the resources.

Fund-raising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities.

The analysis of these costs is included in note 3.

(h) Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life.

16

People Need Nature Notes to the Financial Statements Year Ended 31[st] March 2023

(r) Provisions

Provisions are recognised when the Charity has an obligation at the balance sheet date as a result of a past event, it is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated.

(v) Tax

The Charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes.

(w) Going concern

The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the Charity to be able to continue as a going concern.

17

People Need Nature Notes to the Financial Statements Year Ended 31[st] March 2023 2 Analysis of expenditure on charitable activities

Activities
undertaken
directly
£
Charitable Activities
8,713
8,713
llocation of support costs
Governance
Administration
Total		 Activities
undertaken
directly
£
8,713		 Support costs
2023
Total
2022
Total
£
£
£
2,790
11,503
11,824
8,713 2,790
11,503
11,824
Charitable
Activities
2023
Total
2022
Total
£
£
£
1,619
1,619
1,432
1,171
1,171
952
2,790
2,790
2,384

3 Allocation of support costs

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People Need Nature Notes to the Financial Statements Year Ended 31[st] March 2023 4 Governance costs

Trustees remuneration
6
Independent examiner’s remuneration
5		 2023
2022
£
£
-
-
600
600

5 Independent examiners remuneration

The independent examiner’s remuneration of £600. (2022 £600)

6 Trustees' and key management personnel remuneration and expenses

The trustees neither received nor waived any remuneration during the period. The key management personnel of the Charity is the Chief Executive Officer whose total employee benefits were £ 8,750 (2022 £7,000).

7 Staff costs and employee benefits

The average monthly number of employees and full time equivalent (FTE) during the period was as follows:

Raising funds
Charitable activities
Governance		 2023 2022 2023 2022
Number
Number
0
0
0.5
0.5
0
0
FTE
FTE
0
0
0.5 0.5
0
0
0.5
0.5		 0.5
0.5

The total staff costs and employees benefits was as follows:

Wages and salaries
Social security		 2023
2022
£
£
8,750
7,000
-
-
8,750
7,583

No employees received total employee benefits (excluding employer pension costs) of more than £60,000.

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People Need Nature Notes to the Financial Statements Year Ended 31[st] March 2023 8 Debtors

Accrued charitable income
9
Creditors: amounts falling due within one year
Accruals and deferred income
Taxation and social security		 2023
2022
£
£
815
-
815
-
2023
2022
£
£
600
-
613
-
600
613

10 Fund reconciliation

Unrestricted
Designated
Restricted		 Balance at
01/04/2022
Income
Expenditure
Transfers
Gains /
(losses)
Balance at
31/03/2023
£
£
£
£
£
£
265
12,533
10,048
-
-
2,750
1,950
-
1,455
-
-
495
-
150
-
-
-
150
2,215
12,683
11,503
-
-
3,395

Fund descriptions

Poundbury Nature for Wellbeing Project. This project is funded by a variety of sources. The Poundbury Waitrose donation has been allocated to this project, as part of the match funding to the College of Medicine and Integrated Health grant.

20

People Need Nature Notes to the Financial Statements Year Ended 31[st] March 2023 11 Analysis of net assets between funds

e Need Nature
to the Financial Statements
nded 31st March 2023
nalysis of net assets between funds
Cash and current investments
Debtors
Creditors
Total		 Unrestricted Designated
Funds Funds
Restricted
Funds
2023
Total
£
£ £
£
2,535
495
150
3,180
815
-
-
815
(600)
-
-
(600)
3,350
495
150
3,395

12 Reconciliation of net income to net cash flow from operating activities

Net income for period
(Increase)/Decrease in debtors
(Decrease)/Increase in creditors
Net cash flow from operating activities		 2023
2022
£
£
1,180
(3,763)
(815)
400
(13)
13
352
(3,350)

13 Related party transactions

There were no such transactions during the year.

14 Going Concern

The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months in authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the Charity to be able to continue as a going concern.

21