2021-12-31-accounts

Charity number: 1182974

DARTMOOR PRESERVATION ASSOCIATION

UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

DARTMOOR PRESERVATION ASSOCIATION

CONTENTS

	Page
Reference and administrative details of the charity, its Trustees and advisers	1
Trustees' report	2
Independent examiner's report	15 - 16
Statement of financial activities	17
Balance sheet	18
Notes to the financial statements	19 - 32

DARTMOOR PRESERVATION ASSOCIATION

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2021

Trustees		Kate Ashbrook, Vice Chair
		Elizabeth Bailey
		Alison Clish-Green
		Christopher Curry
		William Fell
		John Howell, Chairman
		Jane Marchand
		Keith Ryan
		John Skinner
		Graham Wall, Vice Chair (deceased October 2021)
		Claude Williams
Charity registered
number	1182974
Principal office	Old Duchy Hotel
	Tavistock Road
	Princetown
	Yelverton
	Devon
	PL20 6QF
Chief executive officer	Phil Hutt
Accountants	Bishop Fleming LLP
	Chartered Accountants
	Salt Quay House
	4 North East Quay
	Sutton Harbour
	Plymouth
	PL4 0BN
Bankers	Natwest Bank plc
	1 Church Street
	St Austell
	Cornwall
	PL25 4AW
Solicitors	Trowers & Hamlins
	The Senate
	Southernhay Gardens
	Exeter
	Devon
	EX1 1UG

Page 1

DARTMOOR PRESERVATION ASSOCIATION

TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2021

The Trustees present their annual report, together with the financial statements of the charity, for the year ended 31 December 2021.

7KH ILQDQFLDO VWDWHPHQWV FRPSO\ ZLWK WKH &KDULWLHV $FW WKH &RQVWLWXWLRQ DQG ³$FFRXQWLQJ DQG 5HSRUWLQJ 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) HIIHFWLYH -DQXDU\ ´

The accounts have been prepared under the Accruals basis, due to the level of income in the year.

(A) STRUCTURE, GOVERNANCE AND MANAGEMENT

The principal object of the charity is the conservation, preservation, protection and enhancement of the landscape, antiquities, flora and fauna, natural beauty, cultural heritage and the scientific merit of Dartmoor.

The DPA is a Charitable Incorporated Organisation governed by its Constitution dated 25th May 2019. It is registered as a charity with the Charity Commission.

Details of the Trustees who served throughout the year are included in the Reference and Administrative details at the beginning of this report.

The Trustees have devolved responsibility for day-to-day management of the Charity to the key management personnel. The key management personnel comprise the Chief Executive, the Financial Administrator and the Communications Officer. The key management personnel implement the policies laid down by the Trustees and report back to them on performance.

There have been no changes in the objectives since the adoption of the Constitution in May 2019.

(B) OBJECTS AND POLICIES

The Objects of the Association, as set out in its Constitution are:

The conservation, preservation, protection and enhancement of the landscape, antiquities flora and fauna, natural beauty, cultural heritage and the scientific merit of Dartmoor for the public benefit, in particular but not exclusively by:

• x The protection and preservation of public access to and on Dartmoor subject to the ancient rights of commoners;

• x The preservation in the public interest of the Dartmoor Commons and for this purpose to assist and co-operate with the commoners and any organisation in achieving this object;

• x The study of and the recording and publication of information upon the antiquities, history and natural history of Dartmoor; and

• x The study, in co-operation with other bodies, of future trends on Dartmoor and the putting forward of ideas to ensure their development along lines in harmony with the above objects.

These 2EMHFWV DUH FRQVLGHUHG LQ IRUPXODWLQJ WKH $VVRFLDWLRQ¶V VWUDWHJ\ DQG SROLFLHV DQG LQ PDNLQJ GHFLVLRQV on whether or not to support a specific project.

7KH 7UXVWHHV UHJXODUO\ UHYLHZ WKH $VVRFLDWLRQ¶V 2EMHFWV DQG PDNH VXUH WKDW they continue to be relevant, appropriate and up to date.

Over the years, the Association has developed a range of policies which support these Objects, dealing with Page 2

DARTMOOR PRESERVATION ASSOCIATION

TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021

some of the main issues on Dartmoor. Policies are discussed and formulated at regular meetings of the Board of Trustees. They are subject to regular review and amendment where appropriate.

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1 The DPA supports and promotes the right of public access to all Common Land on Dartmoor; to Access Land under the Countryside and Rights of Way Act 2000; to all Rights of Way; and to all land that has WUDGLWLRQDO SXEOLF DFFHVV ³3XEOLF $FFHVV´ PHDQV DFFHVV RQ foot, bicycle, or horseback in accordance with relevant legislation or regulations.)

2 The DPA supports and promotes the listing of land under the CRoW Act, including newtakes and rough grazing, whilst remaining sensitive to areas of Dartmoor where habitat conditions may require limited or no access.

3 The DPA is opposed to fencing on Dartmoor Access Land where none existed beforehand, unless there is an overriding need which cannot be met by alternative means. In the case of dry-stone walls, the DPA supports traditional rebuilding with stone.

4 The DPA supports the protection of all ancient monuments, whether scheduled or not, and seeks the preservation of these, and the artefacts and buildings found on Dartmoor.

5 The DPA supports the preservation of the natural habitats found on Dartmoor and seeks, wherever they are threatened, to find the means to provide the necessary protection.

6 The DPA recognises the invasive nature of bracken, gorse and some other native and non-native flora and fauna to archaeological sites and will pursue ways of bringing them under control.

7 The DPA is opposed to the extension of china clay workings on Dartmoor and adjacent land.

8 The DPA is opposed to military live firing on Dartmoor and holds the view that military training on Dartmoor is incompatible with its status as a national park.

9 The DPA supports traditional extensive hill farming on Dartmoor and small scale local traditional industries.

10 The DPA is opposed to the reopening of lapsed quarrying activities, unless they are supported by the local community and serve a genuine local need.

11 The DPA is opposed to the disfigurement of the moorland landscape by television masts, mobile telephone masts and wind farms. Small scale wind generators serving a single farm or hamlet will be judged on the merit of the planning application.

12 The DPA will examine planning applications for developments within the National Park and oppose those it considers detrimental to Dartmoor.

13 The DPA is opposed to housing developments in moorland villages that are not specifically aimed at satisfying local needs.

14 The DPA supports the return to natural broad-leafed woodlands; to natural regeneration; and to open moorland. It is opposed to the development of further soft wood plantations. Where self-seeding occurs beyond the boundaries of existing soft wood plantations, the DPA calls for these trees to be removed to prevent further expansion.

15 The DPA recognises the importance of ponies to the Dartmoor landscape and supports those schemes which are in keeping with good husbandry and which will ensure the survival of a healthy pony stock.

16 The DPA accepts that swaling is good Dartmoor practice and encourages its use within the guidelines laid

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DARTMOOR PRESERVATION ASSOCIATION

TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021

down by the Commoners Council, the Dartmoor National Park Authority (DNPA) and Natural England, but it believes that its use should be restricted to the period between 1[st] October and the last day in February each year.

17 The DPA will practice good management on all of its own properties, demonstrating that traditional farming, habitat protection, biodiversity and public access can co-exist.

18 The DPA is opposed to any recreational activity that causes damage to, or otherwise interferes with the quiet enjoyment of, the fabric, flora or fauna of the moor.

19 The DPA will purchase land, subject to the availability of liquid assets, if there are good and justifiable reasons for so doing.

20 The DPA opposes all applications for commercial wind farms situated on, adjacent to, or impacting upon, Dartmoor. The DPA will work with like-minded organisations towards this end. The DPA will consider supporting applications for small scale wind power schemes, provided that they are sensitively sited and meet the needs of individual buildings or small communities.

21 The DPA has supported the Dartmoor Mires Project, a pilot to explore the feasibility and effects of restoring degraded areas of high-quality blanket bog, to reduce erosion and to promote regeneration of moorland bog vegetation. It continues to support the monitoring and scientific assessment of the pilot phase and is now a member of the Peatlands Partnership ± a collaboration of government agencies, nongovernmental organisations, landowners and commoners. In early 2018, the Partnership obtained a Defra Capital Grant of more than £1.6million to restore 326ha of peatland on sites at Flat Tor Pan, Amicombe, HangingstoQH +LOO DQG 5HG /DNH 3DUW RI WKH '3$¶V UROH LQ WKH 3DUWQHUVKLS ZLOO be to ensure that the fullest consultation takes place with all stakeholders including commoners and other Dartmoor user groups; and that management for archaeology will, when necessary, take precedence over biodiversity.

22 The DPA opposes the use of chemicals such as herbicides and pesticides on common land and all open access land, although small scale applications via a knapsack sprayer may be acceptable in certain circumstances. In particular the DPA calls on Government to give a commitment that it will not authorise the aerial spraying of chemicals, such as Asulam/Asulox against bracken, on any common or open access land on Dartmoor.

7KH '3$ VXSSRUWV WKH JRYHUQPHQW¶V REMHFWLYH Rf improving habitats for wildlife, creating healthier places for people to live and work, and leaving the environment in a better state for future generations. However, it feels that the proposed biodiversity net gain hierarchy has no place in the Dartmoor National Park and that adverse impacts on the environment should always be avoided altogether, rather than mitigated. The primary purpose of the National Parks is to conserve and enhance their natural beauty, wildlife and cultural heritage and no development is acceptable which would cause damage to biodiversity or harm the environment.

24 In view of the unacceptable level of livestock casualties and the impact this has on commoners, the DPA supports the 40mph speed limit within the National Park, particularly on unfenced roads where livestock are present, and calls for the regular enforcement of this speed limit.

25 National Parks contribute significantly to the wellbeing of the nation, by providing safe, attractive, healthy places for active travel and recreation. They contribute to better physical and mental health through improved opportunities for engaging with nature and they provide benefits for local businesses and communities. The DPA encourages improved access to, from and within National Parks, to allow everybody to take advantage of these benefits. However, currently a lack of public transport prevents many people from visiting these key national assets. The DPA believes that physical access to Dartmoor National Park should be an important priority. It supports the promotion of a cohesive public transport policy by the government and the National Park Authority and encourages the use of public transport.

26 The DPA is opposed to the public use of the military roads in the vicinity of Okehampton Army Training Camp.

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DARTMOOR PRESERVATION ASSOCIATION

TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021

(C) MAIN ACTIVITIES UNDERTAKEN TO FURTHER THE CHARITY'S PURPOSES FOR PUBLIC BENEFIT

Summary

During this very challenging financial period, the DPA has:

• x Continued its work, insofar as consistent with government regulations and has managed the Association with minimum disruption or risk to members, staff, volunteers and the public.

• x Participated in planning consultations aimed at maintaining the protections afforded to the National Parks. Continued to monitor planning applications and oppose inappropriate ones.

• x Supported conservation activities which have improved habitats for wildlife on Dartmoor.

• x Through our participation in a variety of projects, raised awareness of the ecology of Dartmoor and the threats which face it.

• x Worked closely with a number of like-minded organisations to help protect and enhance Dartmoor.

• x Helped to shape the future of Dartmoor by participating in national and local consultations, in SDUWLFXODU WKH '13$¶V UHYLHZ RI 1DWLRQDO 3DUN E\HODZV LQ PLG-2021.

• x Managed our land holdings in accordance with good practice.

• x Maintained effective governance and financial security through adherence to its policies and financial controls and by holding regular reviews with our financial advisers to consider investment performance, together with the level of risk and types of investment that are acceptable.

7KH '3$¶V 7UXVWHHV KDYH UHYLHZHG WKH DFWLYLWLHV RI WKH &KDULW\ LQ WKH OLJKW RI WKH JXLGDQFH SXEOLshed by the Charity Commission on public benefit. The Trustees are satiVILHG WKDW WKH $VVRFLDWLRQ¶V DFWLYLWLHV DUH IRU WKH public benefit, relating as they do to protecting, promoting and enhancing, in the public interest, the landscape, antiquities, flora and fauna, natural beauty, cultural heritage and scientific interest of Dartmoor. The preservation and enhancement of the Dartmoor landscape is recognised as a charitable purpose and SURGXFHV D ³SXEOLF JRRG´ ZKLFK LV DFKLHYHG E\ WKH DFWLYLWLHV VHW RXW LQ this report. More details of these activities are shown below.

(i) Responding to Covid-19

Together with the rest of the world, the DPA experienced another challenging year in 2021. Much of the year was spent finding new ways to work in response to the Covid- ³CRYLG´ FULVLV. We were broadly successful in continuing to maintain the organisation with a minimum of disruption to our members, or the work of the Association. The main actions taken and the impact upon the Association were as follows:

• x During much of the year, DPA staff worked from home and most of our communications with members and the public were by email. 3RVW ZDV UHGLUHFWHG WR WKH &KLHI ([HFXWLYH¶V KRPH DGGUHVV and we were therefore able to respond to correspondence with a delay of only a few days.

• x Staff held telephone calls and video conferences with each other several times a week to discuss financial, membership administration, and other work priorities. Telephone conferences took place with our partners and financial advisors

• x 7KH VFKHGXOHG PHHWLQJV RI WKH '3$¶V %RDUG RI 7UXVWHHV ZHUH FDUULHG out by advance distribution of papers and a mixture of face-to-face meetings and video conferences. Meetings with partners and other stakeholders took place by videoconference.

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DARTMOOR PRESERVATION ASSOCIATION

TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021

• x The Annual General Meeting due to be held during the Spring Bank Holiday weekend, was initially postponed, as it became clear that holding it would not be possible because of government travel and social-distancing regulations. It subsequently became clear that it would not be possible to hold a face-to-face AGM in the time stipulated in the '3$¶V &RQVWLWXWLRQ and the decision was taken to conduct the necessary business by a postal ballot of members, supported by a dedicated page on the $VVRFLDWLRQ¶V ZHEVLWH

This took place in October 2021. Members voted on resolutions to receive the minutes of the 2020 $*0 DQG WKH 7UXVWHHV¶ $QQXDO 5HSRUW )LQDQFLDO 6WDWHPHQWV 7KH\ ZHUH DOVR DVNHG WR YRWH RQ resolutions to re-elect Alison Clish-Green as a Trustee and Colin Turner as President; to appoint BLVKRS )OHPLQJ DV WKH '3$¶V DFFRXQWDQWV; and on a number of administrative changes to the Constitution. We received almost exactly the same number of votes as last year (180) and once again, every motion put forward was approved, with not a single vote against.

The Annual Report and Financial Statements were loaded to the Charity Commission website as required. However, when we tried to load the amended Constitution, it transpired that we had failed to meet the 15-day window. We will therefore need to ratify the decision at the 2022 AGM.

• x Around sixty members attended the annual Christmas lunch, held in a brief window between government restrictions. This was held at Ilsington hotel and was a successful event, with members enjoying the first opportunity to meet face-to-face for the first time indoors since 2019. Unfortunately, however, we were unable to attend Dartmoor local shows in 2021, as the organisers felt that the risk of contagion was too great for them to go ahead.

• x We continued to produce our members¶ PDJD]LQH ³'DUWPRRU 0DWWHUV´ DV XVXDO and reverted to distributing it ourselves rather than using a mailing house. We also introduced an e-newsletter for members who had approved the use of their email addresses for this purpose.

(ii) Government Policy Consultations

Potentially the most significant consultation in recent years was the Review of Designated Landscapes, commissioned by government and led by Julian Glover. Commencing in May 2018 the review included a call for evidence which generated around 2,500 responses, including a detailed one from the DPA. The Final Report was published in September 2019.

Government welcomed the Review and the next step was to consider its proposals in detail, including possible timelines for implementing recommendations. Its initial intention was to respond towards the end of 2020 but this was delayed by the Covid pandemic and had still not happened by the end of 2021. The latest target date for the response is mid-January 2022.

The DPA welcomes some aspects of the Report but has concerns over others.

(iii) Planning Applications

We continued to monitor the weekly list of planning applications submitted to the DNPA and commented on the following:

• x We opposed two applications for telecoms masts in January, one at Stoney Post Cross in Holne and the second at Avon Filtration Station. Both were approved, which was unsurprising as there had not been a great deal of local opposition to the applications.

• x We objected to an application for a change of use of an agricultural field at Mary Tavy, to allow the siting oI WKUHH VKHSKHUG¶V KXWV 2XU REMHFWLRQ ZDV RQ WKH EDVLV WKDW WKLV ZDV QRW DV FODLPHG D IDUP

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DARTMOOR PRESERVATION ASSOCIATION

TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021

diversification and also that the development would fail to conserve or enhance this part of the National Park. The DNPA agreed and the application was refused.

• x We joined the local council in objecting to an application for a café and bicycle hire and repair facility DW 7\UZKLWW¶V :KDUI QHDU <HOYHUWRQ RQ the basis that it would cause damage to the landscape. The objection made it clear that the DPA supports heathy outdoor exercise and sustainable transport; however, there are adequate local facilities of this sort and it is not needed to enable cycling to take place. DNPA planning management was in favour of granting the application. Luckily, the members of the Development Management Committee disagreed and rejected both the planning application and DQ DSSOLFDWLRQ WR YDU\ WKH WHUPV RI WKH EXLOGLQJ¶V OLVWLQJ. The applicant has now appealed to HM Inspector.

• .

• x An application in February sought permission for the change of use of a building at Longford Quarry to enable it to be used as a store. We opposed this on the basis that it was in an unsustainable location in the open countryside, that it would harm the character and appearance of the landscape and harm the amenity of local residents. DNPA members agreed and refused the application.

• x In 2016, E & JW Glendinnings Ltd submitted an application for the extension of Linhay Quarry at Ashburton. The DPA took part in the consultation process and held a meeting with Glendinnings. Trustees decided to adopt a neutral position on the application, on the grounds that a full and detailed consultation had taken place and that an appropriate plan for restoring the landscape once the quarry is worked out had been submitted. There was strong opposition from a small group of local people and discussions and exchange of information with the DNPA continued for more than five years, before the application was finally granted.

(iv) Other activities

• x In August 2020, the DPA was approached by one of its life members, who wished to sell a piece of open access moorland at Sheepstor, containing a number of archaeological monuments.

By D PDMRULW\ YRWH 7UXVWHHV DJUHHG WKDW WKLV ZRXOG PHHW WKH '3$¶V 2EMHcts, that it was a charitable pXUSRVH DQG DQ DSSURSULDWH XVH RI WKH $VVRFLDWLRQ¶V IXQGV 7KH\ DOVR DJUHHG WKDW GLVFXVVLRQV DERXW purchasing the land should take place with the vendor, subject to satisfactory searches; to obtaining a valuation which supported the asking price; and carrying out a detailed risk assessment. Unfortunately, two valuations which we commissioned were both significantly lower than the asking price and we therefore felt that it would be inappropriate to pay the asking price. The vendor therefore decided to sell the land by auction.

The auction took place at the end of May 2020 and the land sold for £150k, slightly below the asking price. Although we incurred some costs in exploring this sale, positive outcomes included an increased learning about risk assessments, online auctions and land purchase; an improved relationship with local commoners; a membership increase, including a new life member. We also maintained our compliance with Charity Commission guidance and regulations and having identified errors in the Constitution, took corrective action.

• x DPA staff and Trustees continued to support meetings of the Peatland Partnership steering group. This group of some twenty organisations is reviewing the condition of Dartmoor Peatlands, identifying areas which have been especially badly damaged and carrying out appropriate restoration work.

However, in February 2021, concerns were expressed by most of the partners over the way in which the restoration work was being carried out and the perceived failure to protect archaeology and the landscape. A site visit took place, which went some way towards allaying concerns, but they resurfaced towards the end of the year, with several partners, including the DPA, expressing dissatisfaction over the way in which the project is being managed.

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TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021

At the end of September, the Partnership secured funding from the Nature for Climate Peatland Grant Scheme for further restoration work. The DPA had declined to offer support for the bid, or to provide match funding unless certain assurances were given on the way in which the work would be carried out and monitored. However, we continue to be a member of the partnership.

The Dartmoor sites that are due to be restored under the new funding tranche are spread across the north and south moor. The majority are owned by the Duchy of Cornwall and include common land which is part of the Forest of Dartmoor agri-environment scheme, although it also includes individually tenanted sites. The work will focus on blanket bog and valley mire peatland habitats, and will restore 931 ha of peatland across Dartmoor in the next four years, resulting in a carbon saving of 356k tonnes of CO2 equivalent over 50 years.

• x Following the relaxation of covid restrictions, there was a sharp rise in anti-social behaviour and inconsiderate use of the National Park. The DNPA attempted to combat this by reviewing its byelaws and putting the proposed changes out for public consultation.

The DPA recognises that a prime purpose of the DNPA is to conserve and enhance the National Park, and that includes preventing bad behaviour. However, the Authority is also tasked with promoting opportunities for the public to enjoy its special qualities. We felt that, as written, the proposals were confusing and risked punishing responsible users of the Park as well as badly-behaved ones.

Our response to the consultation was therefore critical of the flawed nature of the proposal and we also raised some concerns and suggestions for amendments. Any changes to the byelaws should reflect a long-term plan to support the Rangers in their preservation of the landscape. In any event, unless there is a real will on the part of the Authority and the police to enforce any new rules, the proposed changes will likely have little effect in curtailing irresponsible use of Dartmoor, and only act to restrict the movements of more considerate visitors to the moor.

The DNPA intended to report back to Authority members on the results of the consultation in January 2022. However, with over 4,000 responses to consider, this deadline has now slipped to later in the year. A government response to the Glover Landscape Review is expected in January 2022 and this may include changes to areas covered in the DNPA byelaw review. If this is the case, we shall contact the DNPA discuss the possibly of them postponing or cancelling their proposed changes.

• x In 2020 The DPA agreed to provide funding to the noted Dartmoor Archaeologist, Phil Newman, to support his research into peat charcoal over the next three years. His discovery of thirteen clusters of mounds with the potential to be peat charcoal burning platforms should provide substantive material evidence for an industrial activity previously known only from documentation. This is an opportunity for the DPA to support an impRUWDQW UHVHDUFK SURMHFW FDUULHG RXW E\ RQH RI 'DUWPRRU¶V IRUHPRVW archaeologists.

Due to Covid, work on the first phase of the research started some months later than originally planned and was then further delayed by lockdown restrictions. In 2021, Dr.Newman provided the DPA with a summary report for the first season of his research, covering the fieldwork for 2020 and 2021. He will resume work on season two in the Spring of 2022.

• x In October 2019 DPA Trustees agreed to provide match funding towards a bid to the National Lottery +HULWDJH )XQG IRU WKH ³2XU &RPPRQ &DXVH´ 2&& SURMHFW 7KLV Ls an initiative led by the Foundation for Common Land, with around twenty other participating organisations. OCC will conserve and enhance the heritage of Commons and Commoning in upland England, working in the Lake District, Dartmoor, the Yorkshire Dales and Shropshire Hills. The Dartmoor aspect of the project will cover three commons - Bridestowe and Sourton; Harford and Ugborough and Holne Moor.

In April 2020 the project was awarded funding for the Delivery Phase by the National Lottery Heritage Fund. This will run for three and a half years with a total budget of £3.1 million, of which £1.9 million is from the Heritage Fund and the balance from a range of partners and grant giving trusts. This was

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TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021

originally scheduled to start in the Spring of 2020, but was delayed by a year due to Covid. It will directly improve the management of almost 30,000ha of upland common, including many fragile ecosystems, and will help bring people together. The DPA is participating as a member of the Dartmoor Local Area Group.

• x Ian Brooker, a DNPA Ranger, contacted us regarding a project to erect memorial stones to commemorate the loss of a Liberator and a Flying Fortress in 1943, in or near to the West Okement Valley. The Duchy of Cornwall, as landowner, had approved the project and funding secured. The intention is to start the project in 2022 and complete it in time for the 80th anniversary in 2023. We were pleased to offer our support to this project.

• x In August 2021, the DNPA sought an expression of interest from a number of organisations, including the DPA, for an approach to the NLHF for funding for a Nature-focussed Programme for Dartmoor. We confirmed our interest and detailed discussions will commence in January 2022.

• x Towards the end of 2021 several discussions took place with the Dartmoor Society about ways in which we might work more closely together. Both sides agreed that there are areas where our views coincide and there could be scope for collaborating, to create a stronger voice for the protection of Dartmoor. The conversation will continue in 2022.

• x Decisions on the storage and future uses of our archived material were still on hold for most of the year, due to our inability to access the office for long periods at a time. However, we continue to receive material from members and the general public and work on cataloguing and storing this resource will re-start once restrictions allow.

• x 7KH 0RRU WKDQ PHHWV WKH (\H ³0RRU %ootV´ SURMHFW FDPH WR DQ HQG LQ 20 and pressure on teachers due to covid meant that we were unable to re-launch it in 2021 as we had hoped. However, we are committed to helping disadvantaged young people to carry out expedition or conservation activities and enable them to visit, enjoy and respect the National Park. We have started talking to organisations about how this might work and hope to re-ODXQFK ³0RRU %RRWV ´ LQ

• x The DPA-published book of short guided walks written by Trustee Dr Keith Ryan was enormously successful and the entire print run has now been sold.

(v) Administration & Governance

• x In October 2021, we received the very sad news of the death, after a short illness, of Graham Wall. As well as his planning expertise, gained during his time at DNPA, Graham brought a depth of knowledge about Dartmoor to his roles as a DPA Trustee and Vice-Chairman. His wise counsel, generous advice and sense of humour will be greatly missed.

• x The 2021 Annual General Meeting due to be held during the Spring Bank Holiday weekend, was initially postponed, as it became clear that holding it would not be possible because of government travel and social-distancing regulations. Once it became clear that it would not be possible to hold a face-to-face AGM in the WLPH VWLSXODWHG LQ WKH '3$¶V &RQVWLWXWLRQ WKH GHFLVLRQ ZDV WDNHQ WR FRQGXFW the necessary business by a postal ballot of members, supported by a dedicated page on the $VVRFLDWLRQ¶V ZHEVLWH

This took place in September and October 2021 and members were asked to vote on resolutions to receive the minutes of the $*0 WRJHWKHU ZLWK WKH 7UXVWHHV¶ $QQXDO 5HSRUW )LQDQFLDO Statements for year ending December 2020. They were also asked to vote on resolutions to re-elect one Trustee and the President and to approve some administrative changes to the Constitution. Of the 1,260 votes received, 4 were spoiled, and there were 6 abstentions; There were 1,254 votes in favour of the resolutions (99.5%) and none against.

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• x During 2021 WKH '3$¶V 7UXVWHHV UHYieweG D QXPEHU RI WKH $VVRFLDWLRQ¶V processes, including its Financial Controls. They also agreed a formal process for the Recruitment and Appointment of new Trustees and took part in a Trustee Skills Audit.

By the end of the year, there were two vacancies on the Board of Trustees and a discussion took place as to whether there was a need to fill them. It was agreed that we should attempt to recruit in the short term, but reduce the size of the board in the future, as Trustees come to the end of the terms allowed in the Constitution.

(vi) Conservation, Land Management and Guided Walks

• x We were pleased to have been able to recommence our events and walks programme in 2021 and reconnect with our members after lockdown. Our conservation team has once again been back on the ground; working tirelessly on a variety of projects, such as the clearance of the Plymouth and Devonport Leats across Roborough Down; gorse and bracken clearance at Buckland Common Settlement; and bracken clearance at Venford Reservoir farmstead. They have also undertaken habitat improvement projects, creating butterfly friendly habitats at Common Wood, near Horndon and on Roborough Down.

• x Throughout much of the year our volunteers managed to carry out necessary work on DPA land and this is planned to continue in 2022. Towards the end of the year, the contractor who had taken over the role as our Land Management contractor moved on to take up another opportunity. The Land Management Group has started to consider a revised structure for managing their work.

• x Once again, the Dartmoor shows did not take place in 2021, which had some impact ± though not as ±

• much as expected on merchandising and new memberships. Sales of Christmas cards, leisurewear and merchandise all performed well and exceeded expectations.

(D) FINANCIAL REVIEW

(i) Going concern

After making appropriate enquiries, the Trustees have a reasonable expectation that the Association has adequate resources to continue in operational existence for the foreseeable future.

(ii) Finance Overview and Policies

(a) Most of the Charity's income is obtained from legacies and membership subscriptions, the use of which is unrestricted to particular purposes.

(b) During the year ended 31st December 2021, the Charity received total income of £155,308 and incurred total expenditure of £110,678. The excess of income over expenditure for the year was £44,630.

(c) At the year end the Charity had total reserves of £1,802,579 with restricted reserves of £2,000, designated reserves of £1,700,164 and unrestricted free reserves totalling £100,415. Reserves are needed to bridge the gap between the spending and receiving of income to cover unplanned activities and other expenditure. The Trustees consider that the ideal level of free reserves as at 31[st] December 2021 would be approximately 1 \HDU¶V Hxpense, or £110,000.

(d) The Charity had no reserves in deficit at 31st December 2021.

(e) At 31st December 2021 the net book value of fixed assets was £1,700,164 (of which, £1,589,164 relates to investment portfolios) and movements in tangible fixed assets and fixed asset investments are shown in note 13 and note 14 to the financial statements respectively.

Page 10

DARTMOOR PRESERVATION ASSOCIATION

TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021

(f) Key financial policies adopted or reviewed during the period include the Finance Policy, which lays out the framework for financial management, including financial responsibilities of the Board, managers, budget holders and other staff, as well as deleJDWHG DXWKRULW\ IRU VSHQGLQJ 7KH $VVRFLDWLRQ¶V ,QYHVWPHQW 3ROLF\ ZDV also reviewed by the Trustees.

(iii) Investment Policy and Performance

The DPA¶V LQYHVWPHQW VWUDWHJ\ LV to maintain capital growth while taking income to support operational working capital requirements. Funds are currently invested through Thomas Westcott, Chartered Financial 3ODQQHUV DQG 6W -DPHV¶V 3ODFH :HDOWK 0DQDJHPHQW 7KHVH RUJDQLVDWLRQV FDUU\ RXW DQ DQQXDO SHUIRUPDQFH review with the DPA Board of Trustees, who approve any changes to policy or disposition of funds.

We closely monitored cash flow and investment valuations throughout 2021 and maintained close contact with our financial advisers, because of uncertainties in the financial markets, including concerns over the risks of higher-than-H[SHFWHG LQIODWLRQ :H FRQWLQXHG WR WDNH D ³&DXWLRXV-to-PRGHUDWH´ approach to investment, so that any fall in the equity portfolio was balanced by other forms of investment. Over the course of the year, our non-land investments increased by £117,778. Approximately half of this increase was due to receipt of legacies and the remainder from returns generated by our investments. At around 6% this was a very good performance in the current climate.

(E) METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES

As set out in the Constitution, the Chairman is nominated by the Board of Trustees. New Trustees are appointed by existing Trustees and the members of the Association, serve for a period of three years and are then eligible for immediate re-election for a second three-year term. No Officer or Trustee shall serve more than three consecutive terms, but they shall be eligible for re-election one or more years after the end of their third term. The Constitution provides for a minimum of 3 Trustees, and a maximum of 12, including the Chair and Vice-Chair. The members of the CIO or the Trustees have the power to appoint a further Trustee(s) at any time, provided that the limit on the number of Trustees would not as a result be exceeded.

All members are circulated with invitations to nominate Trustees prior to the AGM, advising them of any retiring Trustees and requesting nominations for the AGM. When considering co-opting Trustees, the Board has regard to the requirement for any specialist skills needed. In 2021, Trustees adopted a new Trustee Recruitment, Selection and Appointment process and carried out a Skills Audit and Self-assessment.

When appointing new Trustees, the Board will give consideration to the skills and experience mix of existing Trustees in order to ensure that the Board has the necessary skills to contribute fully to the Charity's development.

The training and induction provided for new Trustees will depend upon their existing experience but will DOZD\V LQFOXGH D IDPLOLDULVDWLRQ YLVLW WR WKH $VVRFLDWLRQ¶V RIILFH DQG D FKDQFH WR PHHW VWDII $OO 7UXVWHHV DUH provided with copies of the Constitution; the latest TrusteeV¶ $QQXDO 5HSRUW DQG 6WDWHPHQW RI $FFRXQWV policies, procedures, minutes, budgets, plans and other documents that they will need to undertake their role as Trustees. As there are normally only one or two new Trustees a year, induction tends to be done informally and is tailored specifically to the individual.

Page 11

DARTMOOR PRESERVATION ASSOCIATION

TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021

(F) ORGANISATIONAL STRUCTURE AND DECISION MAKING

The Board of Trustees normally meets once each quarter. The Board establishes an overall framework for the governance of the Charity and determines membership, terms of reference and procedures for any other groups established to perform specific tasks over a defined timescale. It receives reports from these groups for ratification.

Subject to any necessary approvals being obtained at the AGM, the following decisions are reserved to the Board of Trustees: to consider any proposals for changes to the status or constitution of the Charity and its committee structure, to appoint or remove the Chairman and/or Vice Chairman, to approve the annual budget and approve expenditure requests.

The Trustees are responsible for setting strategy, reviewing policies, adopting an annual financial plan and budget, approving the statutory accounts, preparing the Annual Report, monitoring the performance of the Association by the use of budgets and other data, and making major decisions about its direction, capital expenditure, granting funding and staff appointments. ,Q 1RYHPEHU WKH 7UXVWHHV KHOG D GD\¶V PHHting at Brimpts farm to UHYLHZ WKH $VVRFLDWLRQ¶V VWUDWHJ\ DQG SROLFLHV

(G) RELATED PARTY RELATIONSHIPS

None of the Trustees receive remuneration or other benefit from their work with the Charity. Out of pocket expenses can be claimed for work carried out on behalf of the Association. Details of any such payments to Trustees are disclosed in note 12.

(H) RISK MANAGEMENT

The Board maintains and reviews a register of the risks facing the Association and has taken steps to ensure that policies and systems to mitigate risks are in place and monitored. These include:

• x Employing professional staff with appropriate skills and training.

• x Monitoring progress regularly against the annual Income and Expenditure and Cash Flow plans.

• x Scrutiny of financial performance by the Trustees (including a Trustee with specific responsibility for financial oversight) and the Chief Executive.

The principal risks faced by the Charity are:

• x Operational risk ± with a very small number of employees, the departure of key staff would lead to loss of experience, skills and the ability to operate key systems, and would impact adversely upon strategic and operational priorities. This risk has been mitigated by documenting the activities carried out by members of staff, and carrying out succession planning.

• x Long-term continuation of the restrictions associated with the Covid virus and the potential impact upon finances, investment income, membership numbers and the viability of key partners. As set out above, the measures taken in 2021 successfully mitigated this risk.

At present the Trustees believe that risks associated with compliance, governance, management and financial controls are low.

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DARTMOOR PRESERVATION ASSOCIATION

TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021

(I) PLANS FOR FUTURE PERIODS

In addition to carrying out operational, administrative, conservation and land management activities, the '3$¶V 7UXVWHHV have identified a number of areas as high priorities for the future, based around achieving positive outcomes for climate, nature, people and places.

• x Fund research into a Dartmoor-related topic.

• x Create a project to help disadvantaged children to access Dartmoor.

• x Create a DPA annual award for a Dartmoor-related activity.

• x ,GHQWLI\ RSSRUWXQLWLHV WR ZRUN LQ SDUWQHUVKLS ZLWK RWKHU RUJDQLVDWLRQV WR IXUWKHU WKH $VVRFLDWLRQ¶V objectives. Review relationships with key stakeholders and partners.

• x Work with other organisations to lobby for implementation of the recommendations in the Glover Landscapes Review which, in the opinion of the Trustees, will benefit the English National Parks and to oppose those which do not.

• x Work with the DNPA and other organisations to prevent the introduction of the flawed aspects of the byelaw review.

• x Formulate a DPA policy on parking and sustainable transport in the National Park and lobby for the implementation of appropriate policies.

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DARTMOOR PRESERVATION ASSOCIATION

TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021

TRUSTEES¶ RESPONSIBILITIES STATEMENT

The Trustees are responsible for preparing the Trustees' 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:

• x select suitable accounting policies and then apply them consistently;

• x observe the methods and principles in the Charities SORP;

• x make judgments and accounting estimates that are reasonable and prudent;

• x state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;

• x prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The Trustees are responsible for keeping proper accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Approved by order of the members of the Board of Trustees on by:

and signed on their behalf,

John Howell Chairman

Page 14

DARTMOOR PRESERVATION ASSOCIATION

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2021

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DARTMOOR PRESERVATION ASSOCIATION ('the charity')

I report to the charity Trustees on my examination of the accounts of the charity for the year ended 31 December 2021.

RESPONSIBILITIES AND BASIS OF REPORT

As the Trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').

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 145(5)(b) 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: 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) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 January 2019 which is referred to in the extant regulations but has been withdrawn.

I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2019.

I have completed my examination. I confirm that no 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 2011 Act; or

2. the accounts do not accord with those records; or

3. 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.

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DARTMOOR PRESERVATION ASSOCIATION

INDEPENDENT AUDITORS' REPORT TO THE OF DARTMOOR PRESERVATION ASSOCIATION (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021

This report is made solely to the charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's Trustees as a body, for my work or for this report.

Signed: Pamela Tuckett BISHOP FLEMING LLP Chartered Accountants Salt Quay House 4 North East Quay Sutton Harbour Plymouth PL4 0BN

Dated: FCA, DChA

Page 16

DARTMOOR PRESERVATION ASSOCIATION

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021

Note Income from: Donations and legacies 3 Charitable activities 4 Other trading activities 5 Investments 6 Total income Expenditure on: Raising funds 7 Charitable activities 8 Total expenditure Net movement in funds before other recognised gains Other recognised gains: Gains on revaluation of fixed assets Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward	Unrestricted funds 12 months ended 31 December 2021 £ 77,479 21,980 9,686 43,163 152,308 3,126 106,552 109,678 42,630 117,778 160,408 1,640,171 160,408 1,800,579	Restricted funds 12 months ended 31 December 2021 £ 2,000 1,000 - - 3,000 - 1,000 1,000 2,000 - 2,000 - 2,000 2,000	Total funds 12 months ended 31 December 2021 £ 79,479 22,980 9,686 43,163 155,308 3,126 107,552 110,678 44,630 117,778 162,408 1,640,171 162,408 1,802,579

The Statement of Financial Activities includes all gains and losses recognised in the year.

The notes on pages 19 to 32 form part of these financial statements.

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DARTMOOR PRESERVATION ASSOCIATION

BALANCE SHEET AS AT 31 DECEMBER 2021

Note Fixed assets Tangible assets 13 Investments 14 Current assets Debtors 15 Cash at bank and in hand Creditors: amounts falling due within one year 16 Net current assets Total net assets Charity funds Restricted funds 17 Unrestricted funds 17 Total funds	1,359 115,737 117,096 (14,681)	2021 £ 111,000 1,589,164 1,700,164 102,415 1,802,579 2,000 1,800,579 1,802,579	3,768 66,504 70,272 (12,487)

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

John Howell Chairman

Date:

The notes on pages 19 to 32 form part of these financial statements.

Page 18

DARTMOOR PRESERVATION ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

1. GENERAL INFORMATION

The charity is a charitable incorporated organisation, registered with the Charity Commission. The registered office is Old Duchy Hotel, Tavistock Road, Princetown, Yelverton, Devon, PL20 6QF.

2. ACCOUNTING POLICIES

2.1 BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - 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) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

Dartmoor Preservation Association meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

2.2 INCOME

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

The recognition of income from legacies is dependent on establishing entitlement, the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the charity has sufficient evidence that a gift has been left to them (through knowledge of the existence of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estate. Receipt of a legacy must be recognised when it is probable that it will be received and the fair value of the amount receivable, which will generally be the expected cash amount to be distributed to the charity, can be reliably measured.

Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

Page 19

DARTMOOR PRESERVATION ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

2. ACCOUNTING POLICIES (continued)

2.3 EXPENDITURE

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the charity's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

2.4 GOVERNMENT GRANTS

Government grants are credited to the Statement of financial activities as the related expenditure is incurred.

2.5 TANGIBLE FIXED ASSETS AND DEPRECIATION

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 measurement of cost.

Depreciation is charged so as to 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 land - Land - not depreciated Motor vehicles - 5 years straight line

2.6 INVESTMENTS

Fixed asset investments are a form of financial instrument and are initially recognised at their transaction 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 ‘Gains/(Losses) on investments’ in the Statement of financial activities.

2.7 DEBTORS

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.8 CASH AT BANK AND IN HAND

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Page 20

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

DARTMOOR PRESERVATION ASSOCIATION

2. ACCOUNTING POLICIES (continued)

2.9 LIABILITIES AND PROVISIONS

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 estimated reliably.

Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.

2.10 FINANCIAL INSTRUMENTS

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2.11 PENSIONS

The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.

2.12 FUND ACCOUNTING

General funds are unrestricted funds which 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 costs 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.

Investment income, gains and losses are allocated to the appropriate fund.

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DARTMOOR PRESERVATION ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

3. INCOME FROM DONATIONS AND LEGACIES

Unrestricted funds 12 months ended 31 December 2021 £ Donations 8,169 Legacies 69,310 Government grants - 77,479 Unrestricted funds 9 months ended 31 December 2020 £ Donations 1,950 Legacies 52,153 Government grants - 54,103 INCOME FROM CHARITABLE ACTIVITIES Unrestricted funds 12 months ended 31 December 2021 £ Membership 21,126 Land management 854 TOTAL 2021 21,980	Restricted funds 12 months ended 31 December 2021 £ 2,000 - - 2,000 Restricted funds 9 months ended 31 December 2020 £ - - 2,500 2,500 Restricted funds 12 months ended 31 December 2021 £ - 1,000 1,000	Total funds 12 months ended 31 December 2021 £ 10,169 69,310 - 79,479
		Total funds 9 months ended 31 December 2020 £ 1,950 52,153 2,500 56,603
		Total funds 12 months ended 31 December 2021 £ 21,126 1,854 22,980

4. INCOME FROM CHARITABLE ACTIVITIES

Page 22

DARTMOOR PRESERVATION ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

4. INCOME FROM CHARITABLE ACTIVITIES (CONTINUED)

Membership Land management TOTAL 2020	Unrestricted funds 9 months ended 31 December 2020 £ 18,524 5,092 23,616	Restricted funds 9 months ended 31 December 2020 £ - 250 250	Total funds 9 months ended 31 December 2020 £ 18,524 5,342 23,866

5. INCOME FROM OTHER TRADING ACTIVITIES

Income from fundraising events

	Unrestricted	Unrestricted	Total
	funds		funds
	12 months 12 months
	ended		ended
	31		31
	December December
	2021		2021
	£		£
External sales	7,941		7,941
Activities	1,745		1,745
TOTAL 2021	9,686		9,686
	Unrestricted		Total
	funds		funds
	9 months		9 months
	ended		ended
	31		31
	December December
	2020		2020
	£		£
External Sales	3,804		3,804

Page 23

DARTMOOR PRESERVATION ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

6. INVESTMENT INCOME

		Unrestricted	Unrestricted	Total
			funds	funds
		12 months		12 months
			ended	ended
			31	31
		December		December
			2021	2021
			£	£
	Investment income		43,163	43,163
		Unrestricted		Total
			funds	funds
			9 months	9 months
			ended	ended
			31	31
		December		December
			2020	2020
			£	£
	Investment income		29,376	29,376
7.	EXPENDITURE ON RAISING FUNDS
	FUNDRAISING TRADING EXPENSES

	Unrestricted	Total
	funds	funds
	12 months	12 months
	ended	ended
	31	31
	December	December
	2021	2021
	£	£
External sales	3,126	3,126

Page 24

DARTMOOR PRESERVATION ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

7. EXPENDITURE ON RAISING FUNDS (CONTINUED) FUNDRAISING TRADING EXPENSES (CONTINUED)

	Unrestricted	Total
	funds	funds
	9 months	9 months
	ended	ended
	31	31
	December	December
	2020	2020
	£	£
External Sales	2,079	2,079

8. ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES

Summary by fund type

Unrestricted funds 12 ended 31 December 2021 £ Charitable activities 106,552 Unrestricted funds 9 months ended 31 December 2020 £ Charitable activities 77,005	Restricted funds 12 ended 31 December 2021 £ 1,000 Restricted funds 9 months ended 31 December 2020 £ 2,750

Page 25

DARTMOOR PRESERVATION ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

9. ANALYSIS OF EXPENDITURE BY ACTIVITIES

Charitable expenditure Charitable expenditure ANALYSIS OF SUPPORT COSTS Staff costs Depreciation Membership Accommodation Office Expenses Subscriptions Training	Activities undertaken directly 12 months ended 31 December 2021 £ 12,051 Activities undertaken directly 9 months ended 31 December 2020 £ 11,477	Support costs 12 months ended 31 December 2021 £ 95,501 Support costs 9 months ended 31 December 2020 £ 68,278 Total funds 9 months ended 31 December 2021 £ 53,531 - 13,739 2,356 17,744 7,740 391 95,501

Page 26

DARTMOOR PRESERVATION ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

10. INDEPENDENT EXAMINER'S REMUNERATION

	12 months	9 months
	ended	ended
	31	31
	December	December
	2021	2020
	£	£
Fees payable to the charity's independent examiner for the independent
examination of the charity's annual accounts	2,310	2,240

STAFF COSTS Wages and salaries Social security costs Contribution to defined contribution pension schemes	12 months ended 31 December 2021 £ 52,609 296 626 53,531

11. STAFF COSTS

The average number of persons employed by the charity during the year was as follows:

Employees	12 months ended 31 December 2021 No. 3

No employee received remuneration amounting to more than £60,000 in either year.

All Trustees and certain senior employees who have authority and responsibility for planning, directing and controlling the activities of the Charity are considered to be key management personnel. The total remuneration received by key management personnel was £28,000 (December 2020: £21,000). Trustees are not remunerated for their role as Trustees.

12. TRUSTEES' REMUNERATION AND EXPENSES

During the year, no Trustees received any remuneration or other benefits (2020 - £NIL).

During the year ended 31 December 2021, expenses totalling £251 were reimbursed or paid directly to 1 Trustee (December 2020: £1,257 to 3 Trustees).

Page 27

DARTMOOR PRESERVATION ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

13. TANGIBLE FIXED ASSETS

COST OR VALUATION At 1 January 2021 At 31 December 2021 DEPRECIATION At 1 January 2021 At 31 December 2021 NET BOOK VALUE At 31 December 2021 At 31 December 2020 14. FIXED ASSET INVESTMENTS COST OR VALUATION At 1 January 2021 Revaluations AT 31 DECEMBER 2021 NET BOOK VALUE AT 31 DECEMBER 2021 AT 31 DECEMBER 2020	Freehold property £ 111,000 111,000 - - 111,000 111,000	Motor vehicles £ 24,399 24,399 24,399 24,399 - -

Page 28

DARTMOOR PRESERVATION ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

15. DEBTORS DUE WITHIN ONE YEAR Prepayments and accrued income 16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Accruals and deferred income Deferred income at 1 January 2021 Resources deferred during the year Amounts released from previous periods	2021 £ 1,359 2021 £ 14,681 2021 £ 10,247 8,255 (7,231) 11,271

Page 29

DARTMOOR PRESERVATION ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

17. STATEMENT OF FUNDS STATEMENT OF FUNDS - CURRENT YEAR

UNRESTRICTED FUNDS DESIGNATED FUNDS Investment funds Fixed assets GENERAL FUNDS General funds TOTAL UNRESTRICTED FUNDS RESTRICTED FUNDS Conservation Volunteers Grant Land Purchase Donation Conservation Donation TOTAL OF FUNDS	Balance at 1 January 2021 £ 1,471,386 111,000 1,582,386 57,785 1,640,171 - - - - 1,640,171	Income £ - - - 152,308 152,308 1,000 1,000 1,000 3,000 155,308	Expenditure £ - - - (109,678) (109,678) (1,000) - - (1,000) (110,678)	Gains/ (Losses) £ 117,778 - 117,778 - 117,778 - - - - 117,778

Designated Funds

Investment funds and fixed assets represent funds unavailable for day to day use within the charity, and held in either long term investment portfolios or functional fixed assets.

Restricted funds include one off restricted grants for specific projects and discretionary COVID grants.

Page 30

DARTMOOR PRESERVATION ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

17. STATEMENT OF FUNDS (CONTINUED) STATEMENT OF FUNDS - PRIOR YEAR

UNRESTRICTED FUNDS DESIGNATED FUNDS Investment funds Fixed assets GENERAL FUNDS General funds TOTAL UNRESTRICTED FUNDS RESTRICTED FUNDS Land Purchase Donation TOTAL OF FUNDS	Balance at 1 April 2020 £ 1,238,255 115,882 1,354,137 11,088 1,365,225 - 1,365,225	Income £ - - - 110,899 110,899 2,750 113,649	Expenditure £ - (4,882) (4,882) (74,202) (79,084) (2,750) (81,834)	Transfers in/out £ (10,000) - (10,000) 10,000 - - -	Gains/ (Losses) £ 243,131 - 243,131 - 243,131 - 243,131

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DARTMOOR PRESERVATION ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

18. ANALYSIS OF NET ASSETS BETWEEN FUNDS

ANALYSIS OF NET ASSETS BETWEEN FUNDS - CURRENT YEAR

Unrestricted funds 2021 £ Tangible fixed assets 111,000 Fixed asset investments 1,589,164 Current assets 115,096 Creditors due within one year (14,681) TOTAL 1,800,579	Restricted funds 2021 £ - - 2,000 - 2,000	Total funds 2021 £ 111,000 1,589,164 117,096 (14,681) 1,802,579

ANALYSIS OF NET ASSETS BETWEEN FUNDS - PRIOR YEAR

Tangible fixed assets Fixed asset investments Current assets Creditors due within one year TOTAL	Unrestricted funds 2020 £ 111,000 1,471,386 70,272 (12,487) 1,640,171

19. PENSION COMMITMENTS

The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. The pension cost charge represents contributions payable by the charity to the fund and amounted to £626 (2020: £553). Contributions totalling £NIL (2020: £NIL) were payable to the fund at the balance sheet date and are included in creditors.

20. RELATED PARTY TRANSACTIONS

The charity has not entered into any related party transaction during the year, nor are there any outstanding balances owing between related parties and the charity at 31 December 2021.

21. CONTROLLING PARTY

The Charity is controlled by the Trustees.

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