THE BIRCHANGER WOOD TRUST 2018
BALANCE SHEET AS AT 31st MARCH 2024
| 31 March 2024 | 31 March 2023 | |
|---|---|---|
| ASSETS | £ | £ |
| CASH AT BANK - Community Account | 12,343.32 | 9,200.11 |
| - Premium ME account | 19,876.83 | |
| - Business Tracker Account | (0.00) | 3,495.46 |
| - Business Saver Account | 0.00 | 16,144.84 |
| - PayPal | 182.42 | 83.67 |
| - Cash | 25.22 | 15.24 |
| 32,427.79 | 28,939.32 | |
| DEBTORS & PREPAYMENTS | 0.00 | 0.00 |
| CREDITORS & ACCRUALS | 0.00 | 0.00 |
| LOANS REPAYABLE | 0.00 | 0.00 |
| NET CURRENT ASSETS | 32,427.79 | 28,939.32 |
| OPENING ACCUMULATED FUNDS | 28,939.32 | 45,004.77 |
| Surplus/(Deficit) for the Year | 3,488.47 | (16,065.45) |
| CLOSING ACCUMULATED FUNDS | 32,427.79 | 28,939.32 |
These accounts have been reviewed by me and are a true and fair reflection of the financial transactions of The Birchanger Wood Trust 2018 for the accounting year ended 31st March 2024. No unusual items or disclosures were declared to me by the trustees and neither were any evident from the accounting records of The Birchanger Wood Trust 2018.
John Wrentmore ACMA
Signed: Signed:
Roger Wilmot Michael Nolan (Treasurer) (Chairman)
THE BIRCHANGER WOOD TRUST 2018 RESERVES YEAR ENDED 31 MARCH 2024
Restricted reserves can only be used for particular purposes within the objectives the Trust, dictated by the purpose for which the funds were granted or donated.
Unrestricted reserves are funds allocated for the Trust for contingencies that may expose the Trust to liabilities, specifically with regard to trees on the boundaries of the Trust's property and the A120 in particular.
General funds are those funds that can be used for any purpose within the objectives of the Trust
| Restricted Reserve | 0.00 |
|---|---|
| Unrestricted reserve | 0.00 |
| Total reserves as at 31 March 2024 | 0.00 |
| General funds as at 31 March 2024 | 32,427.79 |
| NET CURRENT ASSETS | 32,427.79 |
THE BIRCHANGER WOOD TRUST 2018 INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 31 MARCH 2024
| Year ending | Year ending | |
|---|---|---|
| 31 March 2024 | 31 March 2023 | |
| RECEIPTS | RECEIPTS | |
| INCOME | £ | £ |
| Sales (timber, logs & chippings) | 13,922.10 | 13,645.00 |
| Events | 911.68 | 414.35 |
| Individual and group donations (including Gift Aid) | 4,403.96 | 1,345.41 |
| Insurance claim | 926.00 | |
| Woodland Maintenance Grants FC | 1,000.00 | |
| Bank Interest | 236.53 | 32.65 |
| TOTAL INCOME | 20,400.27 | 16,437.41 |
| PAYMENTS | PAYMENTS | |
| EXPENDITURE- Woodland | ||
| Coppicing Materials and Equipment | 998.77 | 2,024.68 |
| Fuel | 338.48 | 468.73 |
| Volunteer expenses | 0.00 | 55.45 |
| Tractor, Trailer & Equipment | 946.38 | 9,475.00 |
| Compound, Palisade, Building & Base | 7,353.65 | 325.72 |
| Bee boxes | 3,400.00 | 1,304.00 |
| A120 tree works | 0.00 | 15,000.00 |
| Sub-total | 13,037.28 | 28,653.58 |
| EXPENDITURE- Overheads | ||
| Administration Costs | 322.37 | 398.65 |
| Web Site Costs | 0.00 | 0.00 |
| Event Costs | 41.05 | 12.35 |
| Insurance (Birchanger Wood Trust Liability) | 177.86 | 136.82 |
| Insurance (Trust Indemnity) | 568.06 | 568.06 |
| Insurance (Tractor) | 1,739.02 | 2,046.17 |
| Insurance (Building) | 724.33 | 451.10 |
| Insurance (Indemnity) | 301.83 | 236.13 |
| Sub-total | 3,874.52 | 3,849.28 |
| TOTAL EXPENDITURE | 16,911.80 | 32,502.86 |
| SURPLUS/(DEFICIT) | 3,488.47 | (16,065.45) |
Notes