Docusign En¥ÈlopÈ ID". AED6CEFC-OBC74A4B-950&143C910DBC67
Charity number.. 1162419
TRUSTEES, REPORT AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2023
CPRE HERTFORDSHIRE
cio
MENZIES
BRIt?rlTrh I rllNKIN

Docusign En¥ÈlopÈ ID". AED6CEFC-OBC74A4B-950&143C910DBC67
CPRE HERTFORDSHIRE CIO
CONTENTS
Page
Reference and administrative details of the Charity, its Trustees and advisers
Tru8te8s' report
Independent examiner's report
Statement of financial activities
Balance sheet
Note8 to th8 financial statements
10-16

Docusign En¥ÈlopÈ ID". AED6CEFC-OBC74A4B-950&143C910DBC67
CPRE HERTFORDSHIRE CIO
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS
TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 DECEMBER 2023
Tru8tse¥
J A McNab, Chaimian
A J Youno. Trustee
E Hamilton, Trustee
A Hopwood, Trustee (appointed 9 November 20231
S E Wiltshire, Trustee
C T Russell, Trustee
C Trbovic, Trustee (resigned 15 May 20241
Charity registered number 1162419
Principal office
318 Church Street
Welwyn
H8rtfordshi18
AL6 9LW
Independent examlner
Menzies LLP
Chartered Accountants
Richmond House
Walkern Road
Slevenage
Herts
SG13QP
Page 1

Docusign En¥ÈlopÈ ID". AED6CEFC-OBC74A4B-950&143C910DBC67
CPRE HERTFORDSHIRE CIO
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
The Trustees present Iheii report with the financial ststetnenls of the Charity for the year ended 31 st Deoetnber 2023. The
TIu5tees have adopted the provisions of Accounting and Reporting by Charitie5". Staternent of Recomrnended Practice
applicable to chaiities preparing their accounts in accordance w(th the Financial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 1021 leffective 1 January 20191.
OBJECTIVES AND ACTIVITIES FOR PUBLIC BENEFIT
Objectives
The objectives of the Charity as set out in its governing document are lo promote and encourage, for the benefit of the
public, the irnprovewenl, protection and preservation of the countryside of Hertfordshire and its towns and villages and the
better development of the rural environment.
The Charity is an independent registered charity and is foirna1￿ constituted 85 8 Ch81itsble Incoipor8ted Oig8ni58tion.
CPRE Hertft>idshire is also the county branch of the national CPRE oiganisation ICPRE The countryside chaiityl and is one
of 42 separate county-based charities whid), along with the national organisation, make up the CPRE nelwork.
Mlssion and strategic alms
CPRE Hertfordshire is a campaigning charity whose mission is to proteci, promote and enhance the Hertfordshire
countryside. The Charity's strategic aims are to connect people with the countryside so everyone can benefit from and
value it,. to promote rural life to ensure the countryside and its communities can thrive., and to empower communities to
irnprove and protect their local environment. The Charity aims lo..
Protect Hertfordshire's Green Bell 8nd the wider countryside from inappropriate development and support cornmunilies lo
h8ve their say on developments and change5 in Herttordshiie
4 Promote the benefits of the countryside and our natural environtllent
Work with local government, community groups and othei organisations to promote sustainable planning policies
Advocate for Hertfoidshire's designated areas, including the Chilteins National Landscape, and the Broxbourne Woods
National Nature Reserve and the Chilterns Beechwoods Special Areas ol ConseNation
Encourage care of our chalk streams, woodlands, fields and hedgerows
Recognise local groups and individuals that work to improve their environment and their communities.
Activities
The main activities of the Charity are as follows:
We operate through the land use planning system. rnonitoring and responding lo proposals that threaten the countryside.
We provide support and advice to our members. lo local community groups and lo the public, encouraging their
P8rticipation in catnpaign5 on issues that 8ffect their are8. In pr8Ctice this includes p8rtiCiP8tion in the relevant Stages of
Local Plan preparation across Hertfordshire's ten districts, reviewing planning applications In each ol these districts to
identify those which if implemented would hami the countryside, and engaging wth county-wide pioposals such as those for
aviation. roads, minerals extraction and waste processing. We alsts lobby local Members of Pailiament to help influence
policy making and decisions. We have expertise in these matters and maintain a library of reference materials available to
the public on our website.
We prornote the scenic beauty, tranquillity and landscape character of the HertFordshire countryside in an effort to connect
more people with the green spaces nearby. In practice. this indudes devising and advertising self-guided walking routes
throughout the county. giving illustrated talks lo local community groups about certain aspects of the Hertfordshire
countryside. and publishing a wide range of articles on Nature. wildlife and the environment.
We encourage children to engage wth the environtnenl though our bi-annual Children's Art Competition, open to 811
pritnary-school aged children throughout the county. Each time we choose a different nature-based theme and we hope
that by creating an artwork the children become mole interested in and connected with the natural world around them.
We celebrate and recognise the achievements of local volunteer groups and small community-based businesses in
protecting and improving the environment in their area, through our CPRE Hertfordshire Awards programme.
We participate regularly in various forums around the CPRE network, ensuring the interests of the Hertfordshire
countryside are taken into account in policy-making and carnpaigning at a national level.
We conduct ongoing activities to strengthen the Charity's capacity and capability. including fundraising and volunteer
recruilrnenl and stewardship activities.
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Docusign En¥ÈlopÈ ID". AED6CEFC-OBC74A4B-950&143C910DBC67
CPRE HERTFORDSHIRE CIO
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Publi¢ benefit
The Trustee5 confiirn that they have had due regard to the Chaiity Commission's guidance on public benefit in exercising
their powers and duties. Further infomiation on the delivery of public benefit is included in the section on 2023 achievement
and performance, direcdy below.
ACHIEVEMENT AND PERFORMANCE
Achievements
2023 was a highly productive year in our ongoing work lo protect and promote the Hertfordshire countryside for everyone.
Some of the Charity's achievernents. and the public benefit provided, were..
Involvement in the planning proce¥8
We achieved 8 signific8nt win for the countryside at Bradmore Way in Brookmans Park. A speculative planning application
was submitted lor 125 dwellings on Green Belt land and CPRE Hertfordshire along with many local iesidents and
community groups objected to this proposal for inappropriate development. The developer appealed after Welwyn Haffield
Borough Council refused pemission. At the subsequent appeal Inquiry, we formed a Rule 6 combined objectors, group
together with Brookmans Park Action Group and the North Mymms District Green Belt Society to argue our case for
protecting the Green Belt countryside. We presented evidence, cross examined other witnesses, and were cross examined
by the developer's barrister. In July 2023 the Planning Inspector dismissed the appeal. The developer then initiated a legal
challenge but permission to challenge was refused by the judge and the developer's clairn was withdrawn. This victory is
significant and we hope it wll act as a deterrent to other would-be speculative developers all across the county.
We also had another big win for the countryside al Little Heath Lane, Betkham51ed. Solar promoter Energi Generation
subtnitted a planning application for a 18rge-sc8le commercial 501ai farm in a sensitive landscape in the Green Belt and
adjacent to the Chilteins Area ol Outstanding Natural Beauty IAONBI, on a piotninent hi1151de that 15 visible over long
distances in several directions. CPRE Hertfordshiie advocates for renewable energy, and in particular"rooftop ￿neWabIes..
But we do not want to see highly valued landscapes in designated protected areas become industrialised. Dacoium
Borough Council refused the planning application, the applicant appealed, and the Planning Inspectorate conducted an
appeal Inquiry. Having previously objected to the application and provided advice to local campaigners, we partiapated at
the Inquiry as an Interested Party and one of our Trustees also appeared as an expert witness on biodiversity issues. In
November 2023 the Planning Inspector disrnissed the appeal. This is an important decision that upholds national policy
guidance that says the need for renewable or low carbon energy does not automatically override environmental protections.
In 8ddilion lo the two planning 8ppe81s noted above. we also participated as a Rule 6 party at the planning appeal Inquiry
for the sTrc8lled 'Marshcroft' speculative developrnenl proposal for 1.400 dwellings on a huge. 300 acre Sile in the Green
Belt and adjacent to the AONB. east of Tring. The Planning Inspeclor8te conducted an appeal Inquiry in March and April
2023, at which we participated together wrth Glove Field5 Residents A550ciation and the Chilterns Society. The Secretary of
State will ultimately deteirnine the appeal, and we anticipate a decision in 2024.
We also participated as an Interested Party in three other planning appeal Inquiries regarding inappropriate development
proposals in the Green Belt. These were for 720 dwellings at Chiswell Green, 87 dwellings at Sarratt, and a huge 2004 acre
commercial solar farm at Great Wymondley. We anticipate decisions on each of these during 2024.
We made a relevant representation objecting to Luton Airport's application for a Development Consent Order to expand
from 18 mppa lo 32 mppa. which if approved by the Secretary of State. would have 8 devastating impact on local people
and the environment across a huge swathe of northem Hertfordshire. with more noise and air pollution. more Ir8ffic
congestion on local 108ds, and Ioss of green space around the airport.
We a150 Participated in consultations for the new draft Local Plans in St Alban5 District and Dacoturn Borough, which
together propose development on more than 3,000 acres ol protected Green Belt land. We produced comprehensive
submittals and we engaged with and provided advice to many local communty groups in each of these consultations.
We also participated in a consultation for the revised draft Local Plan in Three Rivers District, which has adopted a much
more restrained approach and therefore a far less damaging plan with respect to the Green Belt.
We submitted our comments on Affinity Waterfs Draft Water Resources Managernent Plan 2024. We believe Affinity's
proposals would not be sufficient to reverse existing damage to our chalk streams. and th8t Affinity should make greater
efforts to redu￿ per capita water consurnplion which will in lum reduce vrJsle water and begin lo address the problem of
seweiage oveispills in our waterways.
Page 3

Docusign En¥ÈlopÈ ID". AED6CEFC-OBC74A4B-950&143C910DBC67
CPRE HERTFORDSHIRE CIO
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
We screened 15,296 planning 8pplic8tions during the year, ¢onduded furthei rese8rth into 369 of thern and subrnitted
cornments or objections on 60 which would cause the most harm to the countryside if permitted.
We responded to circa 10 inquiries per month from our members and the general public, providing advice on a wide range
of land use planning issues.
Community engagement and communication
The Charity promoted the beautiful Hertfordshire countryside and encouraged rnore people to enjoy the green spa￿S near
them, notably through delivering illustrated t8lks lo nine different local groups, and through publishing numerous articles on
the countryside. wildlife. nature, and environrnental issues in on the Ch8rily'5 website.
In 2023 the Chaiity published over 139 new content items on our website, which 8ttr8cted over 20,000 visitois, with 58,000
page view5 and 2,200 downloads.
The Charity's social media strategy continues to be successful in reaching more audiences and driving more visitor traffic
to our website. The number of followers on Facebook increased by 7°/0 to 1,014, and on Instsgram, the Charity has 1,528
followers, more than any other Local CPRE group.
In March 2023 we announced the winners of the 2022 Children's Art Competition and a presentation was made to the
winning school. Winning artists receive gift vouchers and certificates, and cornmended artists receive certificates. In
addition, the Overall Winning School receives £500 for their art department. We were delighted that over 100 artworks were
submitted on this yearfs Iherne of'Hedgerows up Close..
. We did not run 8 Hertfordshire Awards progiamrne in 2023 due lo resouiTr ¢onsti8inls.
Mèmbèrs and Voluntèèrs
Membership decreased by 5.9/0 in 2023, a net loss of 48 members. This decline is in line with the trend across the whole
of the CPRE network, and less severe than that ol our comparable 'peer' Local CPRES.
Five new volunteers joined in 2023.
Two new trustees were added to the board, adding breadth to our collective skill-set.
Three volunteer newsletters weie published during the year. and a 'lhank you, event was held lo recognise 811 of our
volunteers and staff.
Intèmal op•rations
We completed the much-needed repair and renovation of our small Offi￿ in Welwyn village, coming in significantly under
budget. The work induded installation of roof mounted solar panels and we are already benefiting from reduced energy
costs.
Following on from our 2022 governance review, both the National CPRE Trustee Board and our own CPRE Hertfordshire
Trustees and membership approved several minor amendments to our charity's Constitution, bringing it into line with Charity
good practice.
FINANCIAL REVIEW
Financial position
In the period, the Charity had net expenditure of £43,29912022." 43,0631. The uniealised gain on investments was £26,836
12022". £31,727 lossl, giving a net movement in funds for the year amounting to a decrease of £1e,46312022.' £74,790).
The Charity had strong income generation in 2023, including successful fund raising launched to cover specific Appeal
related costs. As at 31st December 2023, unrestricted funds amounted to £537,51812022'. £553,981).
Early in 2024 the Charity received legacy incorne of £140.000.
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Docusign En¥ÈlopÈ ID". AED6CEFC-OBC74A4B-950&143C910DBC67
CPRE HERTFORDSHIRE CIO
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Investment policy
The Trustees have ieviewed and reconfitmed the Charity's investment policy. Principal objectives of the policy are to
sustain the value of and thereafter maximise growth and retum on the Charity's investments.
Reserves pollcy
Between 2017 and 2020 the Charity was fortunate to re￿1ve several legacies, wrth the result that unrestricted reserves
have grown. This has allowed the Charity to undertake a significantly higher level of activity and achieve greater influence
and impact. However, with no legacy income again in 202312022.. nill, the Charity has incurred an in-year defiat as noted
above. As a result of this, the Trustees considered the Charity's reserves and approved a new reserves policy in 2021. This
includes the following..
To hold reserves of £50,000 i.e. equal to six months, expenditure plus possible redundancy payrnents should there ever
be a need lo wind down the Charity.
To hold addition31 reserves of £100.000 foi leg818nd professional fees should these be required in conjunction with the
seven district Local Plans currently in preparation or undei review around the county.
Any unrestricted funds surplus to the above wll continue to be utilised over a period of several years to enable the Charity
to maintain a higher level ol activity than would otherwise be possible.
FUTURE DEVELOPMENTS
We will continue with our activities in line wrth our Three-year Strategic Plan and Annual Operating Plan. The following
activities are of particular note..
We will continue to focus our efforts on protecting the Hertfordshire countryside through our partiapation in the planning
process.
We will further defend the countryside through our involvernenl in selected planning appeals and inquiries where we
believe an irnportanl precedent would be set.
We wll piovide guidance to local comTnunities and wll partiClP3te ourselve5 in further public consultations 8nd subsequent
Exarnination5 In Public of draft Local Plans, which are anticipated for 2024 and 2025 in Dacorum Boiough, Hertsrneie
Borough, St Albans City & District and Three Rivers District.
We will continue our very active programme of communications and community engagement to build more support for the
Hertfordshire countryside and for the Charity.
For the first time Sin￿ the pandemic, we intend to host a significant in-person event for the general public- a 'CPRE
Hertfordshire Countryside Day°_ later in 2024.
We will modemise the Charity's IT system, to enable our volunteers, staff and Trustees to collaborate and work More
effectively.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The Charity is constituted 8$ a Ch81itable In¢oipor8led Oig8ni581ion and is governed by ils Constitution, which was
registered with the Chaiity Cornmi5510n on 26 June 2015.
Organisational structure and accountability
The Board of Trustees have overall responsibility for the Charity and operate a system of accountsbility. This includes the
Thre&Year Strategic Plan, Annual Operating Plan, and an annual budget. Performance is evaluated regularly during the
year using Key Performance Indicators and various qualitative and quantitative information.
The Board ol Trustees currently consists of six members all of whorn are elected at the Annual General Meeting, including
the Chairman, Vice Chairman, and Treasurer. They meet fonnally al least six times per year.
Day lo day operations are delegated to the Chief Executive. who is eTnployed on a part lime paid basis. The Chief Executive
manages the other paid staff and volLJnteers, 811 of whom are part titme as well. All vacancies for TIu5tees. paid staff and
volunteers are openly advertlsed, utili51ng speufic de5cripb.ons that have regard to the skills, knovdedge and experience
necessary lor each role.
Inductlon and tralnlng of new Trustees
New Trustees are provided with the Charity Commission's "The Essential Trustee. which focuses on the main duties and
responsibilities of the role. along with CPRE Hertfordshire's Constitution, Three Year Strategic Plan, Annual Operating Plan,
and other documents pertaining to the Charity's history and current activities. New Trustees and all new volunteers and staff
are invited to participate in CPRE Hertfordshire's local induction as well as an induction by the national CPRE organisation.
New Trustees are encouraged to visit the Charity's sm811 office in Welwyn. meet wth the staff. 8nd become familiar with the
Charity's operations. Depending upon the Trustee's specific role and inleresls, additional training is available including an
extensive curriculum hosted by the national CPRE organisalion.
Page 5

Docusign En¥ÈlopÈ ID". AED6CEFC-OBC74A4B-950&143C910DBC67
CPRE HERTFORDSHIRE CIO
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Rlsk management
The Board ol Trustees regulady reviths major rf$ks to which th& Charfty Is èxpxad and implèm*nts apwopriat& a¢tlons to
mitsgato the¥e risks.
ACKNOWLEDGEMENTS
Thp r.hArfty 2cknothlÉdg&& thè as&iÈtaneÉ that It rÉcÉivÉÈ In ￿ ￿t￿rk frttm thÈ natlonal offit@ of CPRE Tha t¥*￿￿t￿ld9
charty. 1118 also grateful lor the a58istsnce g'ven by vojunteers. rnernters. donors. 8UFPOrterB and cornmunty groups
thfoughoutthe county.
Approved by order of the members ot the board olTrugto•8 and slgned on thelr behalf by:
Date..
2S fv*121YI*
ofv-lfv
E HANIM
Pag8 8

Docusign En¥ÈlopÈ ID". AED6CEFC-OBC74A4B-950&143C910DBC67
CPRE HERTFORDSHIRE CIO
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
Independent examiner's report to the Tru¥teeB of CPRE HertFord¥hire CIO I'the Charity'l
I report lo the ch8rity Trustees on my examination of the a￿)unt$ of the Charity for the year ended 31 Decetnber 2023.
Responsibilities and basis of report
As the Trustees ol the Charity you are responsible foi the preparation of the accounts in accordance wth the reqLJirements
of the Charities Act 2011 Ilhe 2011 Act'l.
I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying
out my examination I have followed the applicable Directions given by the Charity Commission under section 1451Sllbl of
the 2011 Act.
Independent examiner's statement
Your attention is drawn to the fact that the Charity has prepared the accounts in accordance with Accounting and Reporting
by Charities.. St8temeNt of Recommended Practice 8pplicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in preference to the Accounting and
Reporting by Charities.. Slalernent of Recommended Practice issued on 1 April 2005 which 15 referred lo in the extant
regulations bLrt has been wthdrawn.
understand that this has been done in ordei for the accounts to provide a true and fair view in accordance wth the
Generally Accepted Accounting Practice effective for reporting periods beginning on 01 after 1 JanLJary 2015.
I have completed my examination. I confim that no matters have come to my attention in connection wth the examination
giving me cause to believe that in any material respect..
accounting records were not kept in respeci of the Charity as required by section 130 of the 2011 Act., or
the aocounts do not aword with those records., or
the accounts do not comply with the applicable requirements Con￿rning the fom 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 fairf view which is not 8 matter considered as part of an independent exarnination.
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.
DoGuSlgnDdby.'
Signed..
D8ted..
17-Jun-2024
E690D9B12B0742C
JEFOX
Menzies LLP
Richmond House
Walkein Road
Slevenage
Hertfordshire
SG1 3QP
Page 7

Docusign En¥ÈlopÈ ID". AED6CEFC-OBC74A4B-950&143C910DBC67
CPRE HERTFORDSHIRE CIO
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
Unrestricted
funds
2023
Total
funds
2023
Total
funds
2Q22
Note
Income from..
Donations and legacies
Other trading activitie5
Investments
77,280
2,403
12,186
77,280
2,403
12,186
43,222
3,228
8,877
Total income
91,869
91,869
55,327
Expenditurè on..
Raising fund5
Charitable activities
6,845
128,323
6,845
128,323
8,850
89,534
Total expenditure
135,168
135,168
98,384
Net expenditure
Revaluation of fixed assets
143,2991
26,836
143,2991
26,836
(43,063)
(31, 727)
Net movement In funds
116,4631
116,4631
(74, 790)
Reconciliation of funds=
Total funds brought forward
Nel movement in funds
553,981
116,4631
553,981
116,4631
628,771
(74, 79Q)
Total funds carried forward
537,518
537,518
553,981
The Slalemenl of financial activities includes all gains and losses recognised in the year.
The notes on pages 10 10 16 foim part of these financial slalernenls.
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Docusign En¥ÈlopÈ ID". AED6CEFC-OBC74A4B-950&143C910DBC67
CPRE HERTFORDSHIRE CIO
BALANCE SHEET
AS AT 31 DECEMBER 2023
2023
2022
Note
Flx8d ass¢ts
Tangible as8èts
Investments
151,820
314,078
131,146
287.242
10
465,898
418,388
Current assets
Debto
314
137.933
Ca8h at bank and in hand
71181
74166
12.546)
138.247
Credltors.. amwnts fallbng due withln one yeai
12
(2,654)
Net cuT￿nt assets
71.620
135.593
T*)tal assets less ujrrent Ilabllltlas
537.518
553,981
Net A￿•ts
537,518
553.981
Total net ag¥ets
537,518
553,981
Charityfund5
Unrestricted funds
13
537.518
553.981
Total fund¥
537,510
553,96t
Th8 finanLYal statements ￿re approved and authorised for issue by the Trustees and signed on their t*haW ty..
Dats: MAY 2014
The notes on Fege8 10 to 18 form part ofthese financial staternents
h MGblA
Page 9

Docusign En¥ÈlopÈ ID". AED6CEFC-OBC74A4B-950&143C910DBC67
CPRE HERTFORDSHIRE CIO
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
General information
CPRE Hertfordshire CIO is a charitable incotpor8led organisation, regisleied in Engl8nd 8nd Wal85. Th8 charity
registiation numbei and piincipal address can be found within the reference and administiative details on page 1.
Aecounting polieiès
2.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP IFRS 1021- Accounting
and Reporting by Charities. Statement of Recommended Practi￿ applicable lo charities preparing their
8ccounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
IFRS 1021 leffeclive 1 January 20191. the Fin8nci81 Reporting Standard applicable in the UK and Republic of
Ire18nd IFRS 1021 and the Charities Act 2011.
CPRE Hertfordshiie CIO rneets the definition of a public benefit entity under FRS 102. Assets and liabilities ale
initially recognised at historical cost or transaction value unless otherwise stated in the ￿levant accounting
policy.
2.2 Ineome
All income is recognised once the Charity has entitlement to the income, it is probable that the income wll be
received and the amount of income receivable can be measured reliably.
Donations and legacies are recognised upon receipt.
Income tax recoverable in relation to investrnent income is recognised at the time the investment income is
receivable.
2.3 Expenditure
Expendrfcure on raising funds includes all expenditure incurred by the Charity to raise fund5 for ils charitable
purposes and includes wsls of all fundr8ising adivilies. events. publioty 8nd chaiilable trading.
Expenditure on charitable activities 15 incurred on directly undertaking the activities which lurther the Charity's
objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
2.4 Tanglble flxed assets and depreclatlon
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed
assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs
incurred to bring a tangible fixed asset into its intended working condition should be included in the
measurernent ol cost.
Depreciation is charged so as lo allocate the cost of tangible fixed assets less their residual value over their
estimated useful lives. using the straight-line method.
Depreciation is provided on the following bases..
Freehold property
Office equiptnent
is not depreryated.
Page 10

Docusign En¥ÈlopÈ ID". AED6CEFC-OBC74A4B-950&143C910DBC67
CPRE HERTFORDSHIRE CIO
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounting policies Icontinuedl
2.5 Inve¥tments
Fixed asset Investment5 are a form of finanaal In5tturnent and are Initially recogni5ed 8t their tran58Ction cost
and subsequently measured at fair value at the Balance sheet date, unless the value cannot be measured
reliably in which case it is measured at cost less impairment. Investment gains and losses, whether realised or
unrealised, are combined and presented as 'Revaluation of fixed assets, in the Statement of financial activities.
2.6 LlabSlltles and provlslons
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is
probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement
can be eslirnated reliably.
2.7 Fund accounting
General funds are unrestricted funds which are 8vailable for use al the discretion of the Trustees in furtherance
of the general objectives of the Charity and which have not been designated for other purpose5.
Invesltnent incorne, gains and losses are allocated to the 8ppropii8le fund.
Ineom• from donations and l*gaci&s
Unrestrlcted
funds
2023
Total
funds
2023
Total
funds
2Q22
Donations
Subscriptions
52,872
24,408
52,872
24,408
18,930
24,292
Total 2023
77,280
77,280
43,222
Income from other trading a¢tivitieB
Unrèstrictèd
funds
2023
Total
funds
2023
Total
funds
2022
Fundraising events
2,403
2,403
3,228
Page 11

Docusign En¥ÈlopÈ ID". AED6CEFC-OBC74A4B-950&143C910DBC67
CPRE HERTFORDSHIRE CIO
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Invèstsnent income
Unrèstricted
funds
2023
Total
funds
2023
Total
ftJnds
2022
Dividends re￿iVed
8,822
3,564
8,622
3.564
7,356
1,515
Deposrft account interest
Total 2023
12,186
12,186
8,871
Analysis of expenditure on charitable activities
Summary byfund type
Unrestricted
funds
2023
Totsl
2023
Tot81
2022
Staff costs
74.005
45,873
4,879
3,123
443
74,005
45,873
4.879
3,123
443
71,041
9,527
5,493
3,479
Legal. Consultancy & Accounting fees
General costs
Property costs
Depreciation
Total 2023
128.323
128.323
89,534
Analysis of expenditure by activities
Activities
undertaken
directly
2023
Support
cost5
2023
Totsl
funds
2023
Total
funds
2Q22
Staff costs
Legal. Consulting & Accounting fees
General costs
Property costs
Depreciation
74.005
74,005
45,873
4,879
3,123
443
71,047
9,527
5,493
3,479
45,873
4,879
3,123
443
Total 2023
78,884
49,439
128.323
89,534
Page 12

Docusign En¥ÈlopÈ ID". AED6CEFC-OBC74A4B-950&143C910DBC67
CPRE HERTFORDSHIRE CIO
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Trusts￿. remuneration and expenses
During the year. no Trustees received any r8rnuner*ion or other benefits (2022- £NILJ.
DLJring the year ended 31 Decetnber 2023, no TtU5tee expenses have been incurred 12022- £70).
Tangiblè fix•d ass•ts
Freehold
property
Plant and
machinery
Totsl
Cost or valuation
At 1 January 2023
Additions
128.203
20,266
2,943
851
131,146
21,117
At 31 December 2023
148.469
3,794
152,263
Depreclatlon
Charge for the year
443
At 31 December 2023
443
Net book value
At 31 Decernber 2023
148.469
3,351
151,820
At 31 De￿mber 2022
128,203
2,943
131, 146
10.
Fixed a88et investments
Listed
investments
Co¥t or valuation
At 1 January 2023
Revaluations
287,242
26,836
At 31 December 2023
314,078
N•t book valu•
At 31 December 2023
314,078
Al 31 DeGerp7ber 2022
287,242
Page 13

Docusign En¥ÈlopÈ ID". AED6CEFC-OBC74A4B-950&143C910DBC67
CPRE HERTFORDSHIRE CIO
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
11.
Debtor¥
2023
2Q22
Due within one year
Prepayments and accrued income
985
314
985
314
12.
Creditors: Amounts falling due within one year
2023
2Q22
Accruals and deferred income
2.546
2,654
Page 14

Docusign En¥ÈlopÈ ID". AED6CEFC-OBC74A4B-950&143C910DBC67
CPRE HERTFORDSHIRE CIO
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
13.
ststement of funds
ststement of fund¥- current year
Balance at 31
Dèe•rnb8r
2023
Balane• at 1
January 2023
Gains I
{Loss•sl
Ineom•
Expanditura
Unre¥tricted fund8
General Fund
334,858
35,768
183,355
84,563
1,188
6.118
1135,1681
4,093
3,699
19,044
288,346
40,655
208,517
Edith Davis
Stella Jones
553,981
91,869
1135,1681
26,836
537,518
Stat*m•nt of funds- prior yèar
Balance at
l January
2Q22
Balance at
Gainw 31 December
(Losses)
2022
Income
Expenditu
Unrèstrietèd funds
General Fund
Edith Davis
Stella Jones
389,730
39, 792
199,249
49,275
1, 784
4,862
(98,384)
(5, 763)
(5,208)
(2Q, 756)
334,858
35, 768
183,355
628, 771
55,321
(98,384)
131, 727)
553,981
Page 15

Docusign En¥ÈlopÈ ID". AED6CEFC-OBC74A4B-950&143C910DBC67
CPRE HERTFORDSHIRE CIO
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
14.
Analysi8 of net assets b8tween funds
Analysis of n•t ass•ts bètwèèn funds - eurrènt yèar
Unr*strict•d
funds
2023
Total
funds
2023
Tangible fixed assets
Fixed asset investments
151,820
314,078
74,166
12,5461
151,820
314,078
74,166
12,5461
Current assets
Creditois due within one year
Total
537,518
537,518
Analysis of n•t ass•ts bètwèèn funds - prior yèar
Unrestiicled
funds
2022
Totsl
funds
2022
Tangible fixed assets
Fixed asset investments
Current assets
Creditois due within one year
131, 746
287,242
138,247
12,654)
131, 146
287,242
138,241
(2,654)
Total
553.981
553,981
Page 16