## **Avon Needs Trees**
## **Charity No. 1184386**
## **Trustees' Report and Unaudited Accounts**
**30 June 2022**
**Avon Needs Trees Contents**
||Pages||
|---|---|---|
|Trustees' Annual Report|1 to 5||
|Independent Examiner's Report||6|
|Statement of Financial Activities||7|
|Summary Income and Expenditure Account||8|
|Balance Sheet||9|
|Notes to the Accounts|10 to|17|
|Detailed Statement of Financial Activities|18 to|19|
Page 1
**Avon Needs Trees Trustees Annual Report**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Charity No. 1184386**
## **Registered Office**
1-3 Gloucester Road Bishopston Bristol BS7 8AA
## **Trustees**
The following Trustees served during the year:
C.L. Bedford T. Castle A. Chester J. Chew M. Funnell (Appointed 23 May 2022) S. Hales N.A. Jones (Resigned 26 July 2021) A. Mullett (Resigned 10 May 2022) N.J.A. Murry A.G. Spittlehouse
## **Key Management Personnel**
Chair M. Funnell Director D. Wood
## **Accountants**
Magic Bean Counters Limited Unit 7, The Old Co-op 38 Chelsea Road Bristol BS5 6AF
## **OBJECTIVES AND ACTIVITIES**
The objects of Avon Needs Trees (“ANT”) are:
1) The conservation, protection and improvement of the physical and natural environment for the public benefit by the establishment and maintenance of trees, woodland and complementary habitats in such areas within the Bristol-Avon catchment area as the trustees shall determine.
2) To advance the education of the public in the conservation, protection and improvement of the physical and natural environment including by promoting woodlands as a means for the public to learn about wider environmental issues such as: sustainability, climate change, ecology and the mitigating need for trees.
Page 2
**Avon Needs Trees Trustees Annual Report**
## **VOLUNTEERS**
ANT had over 500 volunteers during the year and is most grateful for the immense contribution that they make; without them ANT would not exist. As part of the NLHF conditions for grant funding, volunteer time is recorded. At Hazeland from 30th June 2021 to 30th June 2022 we have recorded: 190 hrs of Professional time, costed at £50/hr, 1,110 hrs of Skilled time at £20/hr, and 2216 hrs of Volunteer time at £10/hr, which equates to a value of £52,748. At Pudding Brook Wood (nee Stanley Lane) over the same period volunteers gave 448 hours of Skilled time and 3294 hours of Volunteer time. This equates to £41,900.
## **ACHIEVEMENTS AND PERFORMANCE**
In April 2019 Avon Needs Trees was set up with the intention of buying land in the Bristol-Avon Catchment Area to create new, permanent woodland through reforesting and rewilding. Our operational objectives are to lock up carbon, improve biodiversity, create natural flood management and to provide public amenity space for the local community.
Following the establishment of Hazeland in 2020/21 – a National Lottery Heritage funded project delivering public engagement to December 2023 – ANT secured a site at Stanley Lane, close to Chippenham in Wiltshire. An offer of £198,000 was accepted on the land on 31st May 2021 and purchase completed that November. The six hectare site was ideally located alongside the Chippenham to Calne foot and cycle path, allowing volunteers to travel actively and allowing the local population to benefit from a picnic and interpretation area created just off the path.
Grants were made by the Great Western Community Forest and OneTreePlanted to cover many of the establishment costs and by the People’s Postcode Lottery Trust to cover overhead costs. 500 volunteers engaged in the planting of nearly 10,000 native broadleaf trees at the new Pudding Brook Wood, alongside a further 2,000 trees planted at Hazeland.
During 2021/22 ANT appointed a new Chair, Mark Funnell, who is Campaigns and Communications Director of the National Trust and brings useful experience to our Trustee Board. Mark served an induction period from 28/3/22 and was appointed Chair on 23/5/22.
## **FINANCIAL REVIEW**
This year was an important one for investment and consolidation for ANT, ahead of expansion and growth in the year to come, with staff employed from grants received the previous year to prepare ANT for sustainable growth. Fundraising for the year totalled £219,714 (2021: £335,117) as ANT secured grant funds, corporate and individual donations towards the purchase and establishment of Pudding Brook Wood. Most ANT fundraising is linked to land projects in the form of individual, grant and corporation donations. 2020/21 saw fundraising both for the establishment of Hazeland and also for the purchase of the next site. In 2021/22 ANT successfully fundraised for the establishment of Pudding Brook Wood. Fundraising reduced after this establishment, as the changing land market meant that ANT did not have the next land purchase lined up as early as the previous year. In the three weeks since the end of 2021/22 we have made an offer on our next land purchase, which has been accepted, and we already have in principle agreement of a substantial grant to purchase the land.
At the end of the period there was a surplus of £264,313 carried forward in unrestricted/undesignated funds to fund our next land purchase, £29,049 carried forward in restricted funds for the continuing Hazeland project, and a total of £523,000 in funds held in land. Total funds amounted to £816,362.
Page 3
**Avon Needs Trees**
## **Trustees Annual Report**
The Trustees have revised the Reserves Policy after undertaking a review of ANT’s full cost recovery budgets and assessed reserve needs. The new reserves policy identified restricted funds: currently comprising grants funded for a specified purpose. This includes applications for staff funds and project and maintenance costs for Hazeland and Pudding Brook Wood. A small level of designated reserves are set aside to cover any discharge of responsibility for office space, contractor commitments and any fixed-term staff costs that are not covered by restricted grant funds. The remaining unrestricted reserves are primarily for the next land purchase.
Going concern - after making appropriate enquiries, the Trustees have a reasonable expectation that ANT has adequate resources to continue in operational existence for the foreseeable future. For this reason, they have adopted the going concern basis in preparing the financial statements.
## **PLANS FOR FUTURE PERIODS**
ANT scopes the market for land each month, assessing prospects against suitability criteria for woodland creation. ANT enters the financial year with £264,313 unrestricted/undesignated reserves, mainly for the next land purchase, and has identified land close to Bristol that they hope to secure for the next planting season.
ANT’s trustees are keen to expand the impact of the charity from planting one woodland each year to planting several. Land prices and pace of fundraising may not allow multiple land purchases each year, so ANT is actively talking to potential land partners. These partners would allow ANT to create woodland on their land and maintain it in the long-term. As permanence is a guiding principle for the charity, trustees seek a guarantee of permanence from such land partners such as maintenance contracts, long-leases or conservation covenants to ensure the woodlands continue to provide benefit in the decades to come.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
Constitution – ANT is a Charitable Incorporated Organisation (CIO), formed in April 2019 and registered as a charity in July 2019. The affairs of ANT are governed by its Constitution which established the objects and powers of ANT. In the event of the charity being wound up the trustees have no liability for its debts.
Appointment of Trustees - the governance of ANT is the responsibility of the Trustees who are appointed under the terms of the Constitution. Trustees remain in post until they retire or otherwise cease under the provisions of the Charity constitution, and new Trustees are elected by the Trustees then in post.
Organisational structure and decision-making policies - in common with most small charities the organisational structure is flat and kept simple, the Trustees making key decisions at regular monthly Trustee Board meetings and also at ad hoc meetings as required. As the charity has grown and raised funds to employ staff many of the trustees decisions are delegated to the Director, appointed in May 2021, to implement and bring further recommendations. The Director acts as line manager for the newly appointed Administration and Publicity Officer, the Hazeland Project Co-ordinator and contractors.
Risk Management policy – The Trustees have identified the potential risks to ANT and ranked them according to likelihood and severity. For each risk they have identified mitigation and a responsible person, and the risk register is reviewed at every regular meeting of the Trustees.
Public Benefit - the Trustees have reviewed the Charity Commission's guidance on the requirement to report on public benefit. They are satisfied that the work of ANT, as described above, accords with its stated objects and provides tangible public benefit to an appropriate section of those who reside within ANT's area of benefit.
Page 4
**Avon Needs Trees Trustees Annual Report**
## **Statement of Trustees' Responsibilities**
The Trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (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 income and expenditure of the charity for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and accounting estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to 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/constitution. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
Signed on behalf of the board
M. Funnell Trustee 22 July 2022
Page 5
**Avon Needs Trees Independent Examiners Report**
## **Independent Examiner's Report to the trustees of Avon Needs Trees**
I report to the charity trustees on my examination of the financial statements of Avon Needs Trees for the year ended 30 June 2022 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet and the related notes.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of your charity's financial statements as carried out under section 145 of the Act. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that:
- accounting records were not kept in accordance with section 130 of the Act ; or
- the financial statements do not accord with those records; or
- the financial statements do not comply with the accounting requirements concerning the form and content set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination; or
- the financial statements have not been prepared in accordance with the Charities SORP (FRS 102).
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 financial statements to be reached.
Ryan Corkery Association of Chartered Certified Accountants Magic Bean Counters Limited Unit 7, The Old Co-op 38 Chelsea Road Bristol BS5 6AF 22 July 2022
Page 6
## **Avon Needs Trees Statement of Financial Activities**
## **for the year ended 30 June 2022**
|**Notes**
**Income and endowments**
**from:**
Donations and legacies
3
Charitable activities
4
Investments
5
Other
6
**Total**
**Expenditure on:**
Raising funds
7
Charitable activities
8
Other
9
**Total**
Net gains on investments
**Net income**
10
Transfers between funds
**Net income before other**
**gains/(losses)**
**Other gains and losses**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**2022**
**£**
45,047
50,000
520
-|**Restricted**
**funds**
**2022**
**£**
124,147
-
-
-|**Total funds**
**2022**
**£**
169,194
50,000
520
-|**Total funds**
**2021**
**£**
331,970
-
156
2,992|
|---|---|---|---|---|
||95,567
1,480
2,415
49,049|124,147
-
65,930
50,689|219,714
1,480
68,345
99,738|335,118
250
14,851
62,804|
||52,944
-|116,619
-|169,563
-|77,905
-|
||42,623
(15,882)|7,528
15,882|50,151
-|257,213
-|
||26,741|23,410|50,151|257,213|
||26,741
409,056|23,410
357,155|50,151
766,211|257,213
508,998|
||435,797|380,565|816,362|766,211|
Page 7
**Avon Needs Trees Summary Income and Expenditure Account**
## **for the year ended 30 June 2022**
|Income
Interest and investment income
**Gross income for the year**
Expenditure
**Total expenditure for the year**
Net income before tax for the year
**Net income for the year**|**2022**
**£**
219,194
520
219,714
169,563
169,563
50,151
50,151|**2021**
**£**
334,962
156|
|---|---|---|
|||335,118|
|||77,905|
|||77,905|
|||257,213|
|||257,213|
Page 8
**Avon Needs Trees Balance Sheet**
## **at 30 June 2022**
|**Company No.**
**CE018181**
**Notes**
**2022**
**£**
**Fixed assets**
Tangible assets
13
523,000
523,000
**Current assets**
Debtors
14
35,343
Cash at bank and in hand
269,804
305,147
**Creditors:**Amount falling due within one year
15
(11,785)
**Net current assets**
293,362
**Total assets less current liabilities**
816,362
**Net assets excluding pension asset or liability**
816,362
**Total net assets**
816,362
**The funds of the charity**
**Restricted funds**
16
Restricted income funds
380,565
380,565
**Unrestricted funds**
16
General funds
264,313
Designated funds
171,484
435,797
**Reserves**
16
**Total funds**
816,362|**2021**
**£**
325,000|
|---|---|
||325,000
48,020
402,878|
||450,898
(9,687)|
||441,211
766,211|
||766,211|
||766,211|
||357,155|
||357,155
409,056
-|
||409,056|
||766,211|
Approved by the board on 22 July 2022
And signed on its behalf by:
M. Funnell Trustee 22 July 2022
Page 9
**Avon Needs Trees Notes to the Accounts**
## **for the year ended 30 June 2022**
- 1 **Accounting policies**
## **Basis of preparation**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
The charity is a public benefit entity.
## **Change in basis of accounting or to previous accounts**
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
## **Fund accounting**
|**Fund accounting**||
|---|---|
|Unrestricted funds|These are available for use at the discretion of the trustees in furtherance of the|
||general objects of the charity.|
|Designated funds|These are unrestricted funds earmarked by the trustees for particular purposes.|
|Revaluation funds|These are unrestricted funds which include a revaluation reserve representing the|
||restatement of investment assets at their market values.|
|Restricted funds|These are available for use subject to restrictions imposed by the donor or through|
||terms of an appeal.|
|**Income**||
|Recognition of|Income is included in the Statement of Financial Activities (SoFA) when the charity|
|income|becomes entitled to, and virtually certain to receive, the income and the amount of|
||the income can be measured with sufficient reliability.|
|Income with related|Where income has related expenditure the income and related expenditure is|
|expenditure|reported gross in the SoFA.|
|Donations and|Voluntary income received by way of grants, donations and gifts is included in the|
|legacies|the SoFA when receivable and only when the Charity has unconditional|
||entitlement to the income.|
|Tax reclaims on|Income from tax reclaims is included in the SoFA at the same time as the|
|donations and gifts|gift/donation to which it relates.|
|Donated services|These are only included in income (with an equivalent amount in expenditure)|
|and facilities|where the benefit to the Charity is reasonably quantifiable, measurable and|
||material.|
|Volunteer help|The value of any volunteer help received is not included in the accounts.|
|Investment income|This is included in the accounts when receivable.|
|Gains/(losses) on|This includes any gain or loss resulting from revaluing investments to market value|
|revaluation of fixed|at the end of the year.|
|assets||
|Gains/(losses) on|This includes any gain or loss on the sale of investments.|
|investment assets||
Page 10
**Avon Needs Trees Notes to the Accounts**
## **Expenditure**
- Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
- Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
- Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
- Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
- Other expenditure These are support costs not allocated to a particular activity.
## **Tangible fixed assets and depreciation**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Freehold property 0% Held at cost
## **Trade and other debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
## **Trade and other creditors**
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **Pension costs**
The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
Page 11
**Avon Needs Trees**
## **Notes to the Accounts**
## 2 **Statement of Financial Activities - prior year**
|2
**Statement of Financial Activities - prior year**|||||
|---|---|---|---|---|
|**Income and endowments from:**
Donations and legacies
Investments
Other
**Total**
**Expenditure on:**
Charitable activities
**Total**
**Net income**
**Net income before other**
**gains/(losses)**
**Other gains and losses:**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
3
**Income from donations and legacies**
Individual donations
Corporate donations
Grants
4
**Income from charitable activities**
Establishment and
maintenance of woodland|**Unrestricted**
**£**
34,618
9,571
858
45,047|**Unrestricted**
**funds**
**2021**
**£**
251,980
155
2,992
255,127
51,179
51,179
203,948
203,948
203,948
205,108
409,056
**Restricted**
**£**
12,000
18,645
93,502
124,147
**Unrestricted**
**£**
50,000
50,000|**Restricted**
**funds**
**2021**
**£**
79,990
-
-
79,990
26,724
26,724
53,266
53,266
53,266
303,889
357,155
**Total**
**2022**
**£**
46,618
28,216
94,360
169,194
**Total**
**2022**
**£**
50,000
50,000|**Total funds**
**2021**
**£**
331,970
155
2,992|
|||||335,117
77,903|
|||||77,903|
|||||257,214|
|||||257,214|
|||||257,214
508,997|
|||||766,211|
|||||**Total**
**2021**
**£**
121,406
61,351
149,213|
|||||331,970|
|||||**Total**
**2021**
**£**
-|
|||||-|
Page 12
**Avon Needs Trees Notes to the Accounts**
## 5 **Income from investments**
|Bank interest
6
**Other income**
Event income
7
**Expenditure on raising funds**
_Costs of generating voluntary income_
Fundraising expenditure
8
**Expenditure on charitable activities**
_Expenditure on charitable_
_activities_
Establishment and
maintenance of woodland
Repair and conservation
work
_Governance costs_
Independent examiner's fees
- current year
Independent examiner's fees
- underprovided in prior year|**Unrestricted**
**£**
135
-
1,440
840
2,415|**Unrestricted**
**£**
520
520
**Unrestricted**
**£**
1,480
1,480
**Restricted**
**£**
63,583
2,347
-
-
65,930|**Total**
**2022**
**£**
520
520
**Total**
**2022**
**£**
-
-|**Total**
**2021**
**£**
156|
|---|---|---|---|---|
|||||156|
|||||**Total**
**2021**
**£**
2,992|
|||||2,992|
||||||
||||**Total**
**2022**
**£**
1,480
1,480
**Total**
**2022**
**£**
63,718
2,347
1,440
840
68,345|**Total**
**2021**
**£**
250|
|||||250|
|||||**Total**
**2021**
**£**
4,206
9,973
-
672|
|||||14,851|
Page 13
**Avon Needs Trees Notes to the Accounts**
## 9 **Other expenditure**
|9|**Other expenditure**|||||
|---|---|---|---|---|---|
|||**Unrestricted**|**Restricted**|**Total**|**Total**|
|||||**2022**|**2021**|
|||**£**|**£**|**£**|**£**|
||Publicity and promotion|5,026|3,000|8,026|314|
||Event costs|-|2,108|2,108|332|
||Employee costs|38,217|32,945|71,162|43,531|
||Motor and travel costs|778|2,243|3,021|1,945|
||Premises costs|1,868|832|2,700|116|
||General administrative costs|3,160|2,764|5,924|3,544|
||Legal and professional costs|-|6,797|6,797|13,022|
|||49,049|50,689|99,738|62,804|
|10|**Net income before transfers**|||||
||||**2022**||**2021**|
||This is stated after charging:||**£**||**£**|
||Independent Examiner's fee||2,280||672|
|11|**Trustee remuneration and expenses**|||||
||One trustee was paid remuneration in the prior period: N. Jones received £18,531 for project|||||
||management, administration and bookkeeping services prior to the recruitment of a staff member to|||||
||fulfil these duties. None of the trustees have been paid any remuneration in the current period.|||||
||One or more of the trustees has been paid expenses in the current or prior periods.|||||
||||**2022**||**2021**|
||||**Number**||**Number**|
||Number of trustees paid expenses||2||5|
||The nature of the reimbursed expenses:|All expenses are|in respect of travel|||
||||**£**||**£**|
||Total expenses reimbursed to trustees||1,467||1,409|
The charity has also purchased Trustee Indemnity Insurance cover.
Page 14
**Avon Needs Trees Notes to the Accounts**
## 12 **Staff costs**
|**Staff costs**|||
|---|---|---|
|Salaries and wages
Pension costs|**2022**
57,250
946
58,196|**2021**
2,333
-|
|||2,333|
No employee received emoluments in excess of £60,000.
The average monthly number of full time equivalent employees during the year was as follows:
|Operations|**2022**
**Number**
3
3|**2021**
**Number**
1|
|---|---|---|
|||1|
The charity operates a defined contribution pension scheme.
## 13 **Tangible fixed assets**
|**Cost or revaluation**
At 1 July 2021
Additions
At 30 June 2022
**Net book values**
At 30 June 2022
At 30 June 2021
14 **Debtors**
Other debtors
Prepayments and accrued income
15 **Creditors:**
amounts falling due within one year
Trade creditors
Other taxes and social security
Other creditors
Accruals|**2022**
**£**
2,827
32,516
35,343
**2022**
**£**
6,841
2,935
569
1,440
11,785|**Land and**
**buildings**
**£**
325,000
198,000
523,000
523,000
325,000|**Total**
**£**
325,000
198,000|
|---|---|---|---|
||||523,000|
||||523,000|
||||325,000|
||||**2021**
**£**
209
47,811|
||||48,020|
||||**2021**
**£**
3,976
711
-
5,000|
||||9,687|
Page 15
**Avon Needs Trees Notes to the Accounts**
## 16 **Movement in funds**
|16 **Movement in funds**||||||
|---|---|---|---|---|---|
||**At 1 July**
**2021**
307,515
49,640
-
-
357,155
409,056
-
-
766,211|**Incoming**
**resources**
**(including**
**other**
**gains/losses)**
**£**
-
5,500
44,001
74,646
124,147
95,567
-
-
219,714|**Resources**
**expended**
**£**|**Gross**
**transfers**
**£**
-
13,985
-
1,897
15,882
(187,366)
171,484
171,484
-|**At 30 June**
**2022**
**£**
307,515
29,049
44,001
-|
|**Restricted funds:**
**Restricted income funds:**
Hazeland - purchase
Hazeland - operation and
infrastructure
Stanley Lane - purchase
Stanley Lane - operation and
infrastructure
_Total_
**Unrestricted funds:**
**General funds**
**Designated funds:**
General funds held in land
_Total_
**Total funds**||||||
||||-|||
||||(40,076)|||
||||-|||
||||(76,543)|||
||||(116,619)
(52,944)
-
-
(169,563)|||
||||||380,565|
||||||264,313
171,484|
||||||171,484|
|||||||
||||||816,362|
Purposes and restrictions in relation to the funds:
Restricted funds: Hazeland - purchase To purchase the site known as Hazeland Hazeland - operation and To establish and maintain the woodland at Hazeland infrastructure Stanley Lane - purchase To purchase the site known as Stanley Lane Stanley Lane - operation and To establish and maintain the woodland at Stanley Lane infrastructure Designated funds: General funds held in land To represent value of unrestricted funds used in land purchase
## 17 **Analysis of net assets between funds**
|Fixed assets
Net current assets|**Unrestricted**
**funds**
**£**
171,484
264,313
435,797|**Restricted**
**funds**
**£**
351,516
29,049
380,565|**Total**
**£**
523,000
293,362|
|---|---|---|---|
||||816,362|
Page 16
**Avon Needs Trees Notes to the Accounts**
## 18 **Reconciliation of net debt**
|Cash and cash equivalents
Net debt|**At 1 July**
**2021**
**£**|**Cash flows**
**£**|**At 30 June**
**2022**
**£**|
|---|---|---|---|
||402,878|(133,074)|269,804|
||402,878
402,878|(133,074)
(133,074)|269,804|
||||269,804|
|||||
|19 **Commitments**
**_Operating lease commitments_**
Annual commitments under non-cancellable operating leases are as follows:
**2022**
**2022**
**Land and buildings**
**Other**
**£**
**£**
Operating leases with expiry date:
**_Pension commitments_**
**2022**
**£**
The pension cost charge to the company
amounted to:
946
Unpaid contributions due to the fund are
included in other creditors and amounted to:
569
20 **Related party disclosures**
_Name of related party_
D. Wainwright
_Description of relationship_
_between the parties_
Close family member of the trustee N. Jones
_Description of transaction_
_and general amounts_
_involved_
The party received remuneration for
administrative services of £Nil (2021:£7,449)||**2021**
**Land and buildings**
**£**|**2021**
**Other**
**£**
**2021**
**£**
-|
||||-|
|||||
There were no other related party transactions in the reporting period that require disclosure.
Page 17
**Avon Needs Trees**
## **Detailed Statement of Financial Activities**
## **for the year ended 30 June 2022**
|**Income and endowments from:**
Donations and legacies
Individual donations
Corporate donations
Grants
Charitable activities
Establishment and maintenance of
woodland
Investments
Bank interest
Other
Event income
**Total income and endowments**
**Expenditure on:**
Costs of generating donations and
legacies
Individual donations
**Total of expenditure on raising**
**funds**
Charitable activities
Establishment and maintenance of
woodland
Repair and conservation work
Governance costs
Independent examiner's fees -
current year
Independent examiner's fees -
underprovided in prior year
**Total of expenditure on charitable**
**activities**
Other expenditure|**Unrestricte**
**d funds**
**2022**
**£**
34,618
9,571
858
45,047
50,000
50,000
520
520
-
-
95,567
1,480
1,480
1,480
135
-
135
1,440
840
2,280
2,415|**Restricted**
**funds**
**2022**
**£**
12,000
18,645
93,502
124,147
-
-
-
-
-
-
124,147
-
-
-
63,583
2,347
65,930
-
-
-
65,930|**Total funds**
**2022**
**£**
46,618
28,216
94,360
169,194
50,000
50,000
520
520
-
-
219,714
1,480
1,480
1,480
63,718
2,347
66,065
1,440
840
2,280
68,345|**Total funds**
**2021**
**£**
121,406
61,351
149,213|
|---|---|---|---|---|
|||||331,970|
|||||-|
|||||-|
|||||156|
|||||156|
|||||2,992|
|||||2,992|
|||||335,118
250|
|||||250|
|||||250
4,206
9,973|
|||||14,179|
|||||-
672|
|||||672|
|||||14,851|
Page 18
## **Avon Needs Trees**
## **Detailed Statement of Financial Activities**
|Publicity and promotion
Event costs
Employee costs
Salaries/wages
Pension costs
Staff recruitment
Staff training
Temporary staff
Motor and travel costs
Travel and subsistence
Premises costs
Rent
General administrative costs,
including depreciation and
amortisation
Equipment expensed
General insurances
Sundry expenses
Legal and professional costs
Other legal and professional
costs
**Total of expenditure of other costs**
**Total expenditure**
Net gains on investments
**Net income**
Transfers between funds
**Net income before other**
**gains/(losses)**
Other Gains
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|5,026
-
5,026
34,500
946
175
-
2,596
38,217
778
778
1,868
1,868
103
700
2,357
3,160
-
-
49,049
52,944
-
42,623
(15,882)
26,741
-
26,741
409,056
435,797|3,000
2,108
5,108
22,750
-
-
266
9,929
32,945
2,243
2,243
832
832
2,745
-
19
2,764
6,797
6,797
50,689
116,619
-
7,528
15,882
23,410
-
23,410
357,155
380,565|8,026
2,108
10,134
57,250
946
175
266
12,525
71,162
3,021
3,021
2,700
2,700
2,848
700
2,376
5,924
6,797
6,797
99,738
169,563
-
50,151
-
50,151
-
50,151
766,211
816,362|314
332|
|---|---|---|---|---|
|||||646|
|||||2,333
-
672
345
40,181|
|||||43,531|
|||||1,945|
|||||1,945|
|||||116|
|||||116|
|||||3,169
-
375|
|||||3,544|
|||||13,022|
|||||13,022|
||||||
|||||62,804|
|||||77,905
-|
|||||257,213
-|
|||||257,213
-|
|||||257,213|
|||||508,998|
|||||766,211|
Page 19