| Reference and Administrative Details | 1 |
|---|---|
| Trustees' Annual Report | 2 to 4 |
| Independent Examiner's Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Financial Statements | 8 to 12 |
| Detailed Statement of Financial Activities | 13 |
| Charity Registration Number | 1182491 |
|---|---|
| Principal Address | Sparrows Nest |
| Wood Norton | |
| Evesham | |
| Worcestershire | |
| WR11 4XP | |
| Trustees | Mrs H A Albright Chair |
| Mr RI Bailey | |
| Mr W G Bailey | |
| Mr A T Woods | |
| Independent Examiner | Mr P R Parsons |
| Clement Rabjohns | |
| Chartered Accountants and statutory Auditors | |
| 111-113 High Street | |
| Evesham | |
| Worcestershire | |
| WR11 4XP | |
| Bankers | Cater Allen Private Bank |
| 9 Nelson Street | |
| Bradford | |
| BDI5AN | |
| Investment Managers | GHC Capital Markets Limited |
| 22-30 Horsefair Street | |
| Leicester | |
| LEI5BD | |
| HM Revenue & Customs Charity Reference Number | ZD32722 |
| 2022 | 2023 | ||
|---|---|---|---|
| Unrestricted | Unrestricted | ||
| funds | funds | ||
| Notes | £ | £ | |
| INCOMING RESOURCES | |||
| Income from: | |||
| Voluntary income | 2 | 43,337 | 39,793 |
| Investment income | 3 | 9,258 | 9,452 |
| Total income | 52,595 | 49,245 | |
| RESOURCES EXPENDED | |||
| Charitable activities: | 4 | ||
| Woodland management fees | 1,507 | 1,496 | |
| Wages and contract work | 29,892 | 27,840 | |
| Purchases | - | 3,337 | |
| Tractors and machinery costs | 2,525 | 3,410 | |
| Premises Costs | 1,556 | 1,137 | |
| Insurance | 2,300 | 2,688 | |
| Depreciation | 990 | 891 | |
| Sundries | 362 | 761 | |
| Investment manager’s charges | 4,770 | 4,218 | |
| Governance costs | 5 | 6,372 | 5,335 |
| Total expenditure | 50,274 | 51,113 | |
| NET INCOME/LOSS BEFORE GAINS/(LOSSES) ON INVESTMENTS | 2,321 | (1,868) | |
| Net gains/ (losses) on investments | (4,906) | (25,099) | |
| NET INCOME/(LOSS) | (2,585) | (26,967) | |
| Reconciliation of funds: | 12 | ||
| Total funds brought forward | 588,884 | 586,299 | |
| Total funds carried forward | 586,299 | 559,332 |
| BALANCE SHEET | |||
|---|---|---|---|
| 2022 | 2023 | ||
| Note | £ | £ | |
| Fixed assets | |||
| Tangible assets | 8 | 328,310 | 327,419 |
| Investments | 9 | 224,313 | 204,448 |
| 552,623 | 531,867 | ||
| Current assets | |||
| Trade debtors | 10 | 1,680 | 700 |
| Cash at bank and in hand | 10 | 33,880 | 31,304 |
| Total current assets | 35,560 | 32,004 | |
| Creditors: amounts falling due within one year | 11 | (1,884) | (4,539) |
| Net current assets | 33,676 | 27,465 | |
| Net assets | 586,299 | 559,332 | |
| Charity Funds | |||
| Unrestricted funds | 12 | 586,299 | 559,332 |
| Total charity funds | 586,299 | 559,332 |
| Income from charitable activities | ||
|---|---|---|
| 2022 | 2023 | |
| £ | £ | |
| Donations | 37,841 | 34,660 |
| Sale of timber | 5,496 | 5,133 |
| 43,337 | 39,793 |
| Investment income | ||
|---|---|---|
| 2022 | 2023 | |
| £ | £ | |
| Dividends received | 7,071 | 8,491 |
| Interest received | 2,187 | 961 |
| 9,258 | 9,452 |
| Notes | Activities | Support | Total | Total |
|---|---|---|---|---|
| Undertaken directly | costs | 2023 | 2022 | |
| £ | £ | £ | £ | |
| Woodland management fees | 1,496 | 1,496 | 1,507 | |
| Wages and contract work | 27,840 | 27,840 | 29,892 | |
| Purchases | 3,337 | - | 3,337 | - |
| Tractors and machinery costs | 3,410 | - | 3,410 | 2,525 |
| Premises costs | 1,137 | - | 1,137 | 1,556 |
| Insurance | 2,688 | — | 2,688 | 2,300 |
| Depreciation | 891 | - | 891 | 990 |
| Sundries | 761 | - | 761 | 362 |
| Investment manager’s charges | - | 4,218 | 4,218 | 4,770 |
| Governance costs | - | 5,335 | 5,335 | 6,372 |
| 41,560 | 9,553 | 51,113 | 50,274 |
| Governance costs | |||
|---|---|---|---|
| Management | Total | Total | |
| 2023 | 2022 | ||
| £ | £ | £ | |
| Accountancy and bookkeeping | 4,250 | 4,250 | 5,338 |
| Independent examiner’s fees | 1,085 | 1,085 | 1,034 |
| 5,335 | 5,335 | 6,372 |
| Fixed assets | |||
|---|---|---|---|
| Freehold land | Tractors and | ||
| And buildings | equipment | Totals | |
| £ | £ | £ | |
| COST | |||
| At 1 July 2022 | 319,400 | 11,500 | 330,900 |
| Additions | |||
| At 30 June 2023 | 319,400 | 11,500 | 330,900 |
| DEPRECIATION | |||
| At 1 July 2022 | - | 2,590 | 2,590 |
| Charge for the period | - | 891 | 891 |
| At 30 June 2023 | - | 3,481 | 3,481 |
| NET BOOK VALUE | |||
| At 30 June 2023 | 319,400 | 8,019 | 327,419 |
| At 30 June 2022 | 319,400 | 8,910 | 328,310 |
| Fixed asset investments | |||
| 2022 | 2023 | ||
| £ | £ | ||
| At 1 July 2022 | 174,731 | 224,313 | |
| Additions to investments at cost | 57,846 | 44,919 | |
| Disposal of investments | (10,298) | (37,366) | |
| Cash movement | 5,800 | (4,953) | |
| Net unrealised investment gains/(losses) | (3,766) | (22,465) | |
| At 30 June 2023 | 224,313 | 204,448 |
| 2022 | 2023 | |
|---|---|---|
| £ | £ | |
| INCOMING RESOURCES | ||
| Voluntary income | ||
| Donations | 37,841 | 34,660 |
| Sale of timber | 5,496 | 5,133 |
| 43,337 | 39,793 | |
| Investment income | ||
| Dividends received | 7,071 | 8,491 |
| Investment interest | 2,187 | 961 |
| 52,595 | 49,245 | |
| RESOURCES EXPENDED | ||
| Charitable activities | ||
| Woodland management fees | 1,507 | 1,496 |
| Wages and contract work | 29,892 | 27,840 |
| Purchases | - | 3,337 |
| Tractors and machinery costs | 2,525 | 3,410 |
| Premises costs | 1,556 | 1,137 |
| Insurance | 2,300 | 2,688 |
| Depreciation | 990 | 891 |
| Sundries | 362 | 761 |
| 39,132 | 41,560 | |
| Support costs | ||
| Management | ||
| Investment manager’s fees | 4,770 | 4,218 |
| Governance | 6,372 | 5,335 |
| 11,142 | 9,553 | |
| Losses on revaluation of investments | 4,906 | 25,099 |
| Total expenditure including revaluation losses | 55,180 | 76,212 |
| Net (expenditure) | (2,855) | (26,967) |