Stump Up For Trees CIO
Charity No. 1188226
Trustees' Report and Unaudited Accounts
30 June 2024
Stump Up For Trees CIO Contents
| Pages | |
|---|---|
| Trustees' Annual Report | 2 to 5 |
| Independent Examiner's Report | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| Statement of Cash flows | 9 |
| Notes to the Accounts | 10 to 18 |
| Detailed Statement of Financial Activities | 19 to 20 |
Page 1
Stump Up For Trees CIO Trustees Annual Report
The trustees present their report with the unaudited financial statements of the charity for the year ended 30 June 2024.
REFERENCE AND ADMINISTRATIVE DETAILS
Charity No. 1188226
Trustees
The following trustees served during the year:
A.H. Colvin
A.R. Erskine
R.J. Roderick
J.C. Suter
R.A. Vaughan
Accountants
Andersons Acccountancy Services Ltd 10 The Cedars Llanfoist Abergavenny Monmouthshire NP7 9LX
Bankers
NatWest
Abergavenny
OBJECTIVES AND ACTIVITIES
We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aim and objectives and in planning our future activities. In particular, the Trustees consider how planned activities will contribute to the aims and objectives they have set, which are:
The advancement of environmental protection or improvement in particular but not exclusively by promoting and enabling the planting and successful management of trees and development of diverse natural habitats, and; The advancement of education in particular but not exclusively by the provision of information and activities increasing knowledge of trees, diverse habitats and environmental protection
To bring together practical and scientific knowledge about the role that trees and woodlands play in a prosperous, resilient, fair and equal society and present this in a comprehensive and accessible format available for public use.
More detail can be found on www.stumpupfortrees.org
ACHIEVEMENTS AND PERFORMANCE
Page 2
Stump Up For Trees CIO
Trustees Annual Report
In the year to 30th June 2024, Stump Up For Trees (SUFT) engaged with landowners and farmers at 94 different sites, providing advice, support and woodland creation planning services. This concluded in the successful planting of 92,687 trees on 33.8 hectares of land - 44,490 of these trees were planted by volunteers at 19 sites, equating to roughly 2,200 volunteer hours over the planting season. The remaining trees were planted by the landowners within SUFT schemes, by some of our trusted partners and in partnership with the Bannau Brycheiniog National Park Authority (BBNPA) as part of the ‘Traditional Boundaries of Wales’ scheme enabling over 13 farms to create more than 5kms of biodiverse hedgerows. In addition to our tree planting activities, monitoring took place at 23 existing plant sites, both to support landowners to ensure trees have the best chance of establishment and to inform and develop the SUFT's knowledge base and expertise in site development. Volunteers took part in 20 days of management and monitoring of our 122ha pilot site on Bryn Arw Common - activities included bracken clearance and ecological surveys of birds and flora, extending our educational survey training program.
The SUFT tree nursery now holds over 100,000 trees of approximately 35 species including 10,000 saplings grown from seed and 90,000 saplings purchased or donated and then grown-on, enabling us to develop and plan greater diversity in both the species and structure at our 2024/25 plant sites. The charity received grant funding from the BBNPA to increase our volunteer hours and engagement, increasing our volunteer days to an average of 300 hours per month at the nursery.
The charity continues in its aim to advance education in the field, primarily through detailed site plans and background information shared with landowners; the engagement and education of volunteers through our extensive range of volunteer activities. Which uniquely enable groups and individuals to engage in all stages of woodland creation for habitat restoration; and hosting university and school site visits to our pilot site Bryn Arw.
In particular this year, we have also focused on the targets below:-
· Establishment of long-term ecological monitoring programs ensuring continuous improvement and adaptation of conservation strategies.
· Direct contribution to reversing habitat loss and degradation through ecological restoration.
-
Increased public awareness and engagement via volunteer sessions and educational activities.
-
Enhanced landscape resilience to climate extremes, reducing vulnerability to events such as floods and droughts.
· Creating wetlands and wildflower schemes incorporated within the plant schemes.
-
Increased community involvement fostering a culture of ecological restoration, potentially leading to broader landscape-level conservation efforts.
-
Carbon sequestration through large-scale tree planting and hedgerow establishment; significant long-term carbon storage in restored habitats, contributing to climate change mitigation.
-
Increased resilience of local ecosystems to climate change impacts by improving habitat quality and biodiversity.
-
Enabling Agency for Change.
-
Running over 45 volunteering sessions and educational workshops, raising awareness and providing invaluable, hands-on conservation experience.
-
Sharing knowledge through webinars, videos, and social media, reaching a broad audience.
-
Helping to cultivate a well-informed and engaged public that supports and participates in conservation efforts.
· Developing a culture of environmental stewardship across communities, leading to sustained and widespread conservation actions.
Page 3
Stump Up For Trees CIO
Trustees Annual Report
Stump Up For Trees has also developed partnerships and networks both for education within and around upland conservation, but also to enable best practice and improved performance by engaging with partners who complement our work – including the very successful ‘Traditional Boundaries of Wales’ project with the BBNPA. At the launch of the new BBNPA management plan, Stump Up For Trees was hailed as a ‘Ser Y Bannau’ or ‘Star of the Beacons’ for its work.
FINANCIAL REVIEW
The Trustees require a minimum of 6 months of overhead expenditure to be kept in the unrestricted reserve fund. This would equate to approximately £61,000, which is well within the current level of £420,528. Principal funding sources have contributed to key objectives during the year through a system of service level agreements with funding partners and specific project grant applications. Funds are sought to pursue the key activities described above. Charitable expenditure is allocated closely to the performance of these activities. The Statement of Financial Activities shows a net balance on the Unrestricted Fund of £623,074, of which a total of £202,546 of the funds have been designated to meet contracted grants and £7,943 is held in Restricted Funds. The charity is now securely placed to be able to commit to longer term projects.
PLANS FOR FUTURE PERIODS
The trustees follow a business plan for activities that provides for ongoing achievement of its charitable aims. This plan is reviewed and updated annually, as the charity develops. Woodland creation, biodiversity enhancement and associated activities are a long-term process: the charities successful funding structure delivers continuity of support from the early stages of seed sourcing, throughout woodland creation, and for a full 12-year term. No woodland will be planted until funding for the full 12-year maintenance period has been raised and is in place.
The charity remains flexible and proactive in seeking funding for its activities. It provides an opportunity for landowners to improve and protect biodiversity and sequester carbon chiefly through planting trees. Stump Up For Trees offers a flexible approach to create opportunities for landowners to benefits from a change in land use, to provide ecosystem services. The trustees will ensure that the organisation continues to enhance the services it provides to meet the needs of its supporters and the general public. An operations manager was hired during this period to support the continued growth of the charity’s activities. The educational program including: exploring a program of creative work with children in primary schools; engaging with Masters researchers in both social and environmental sciences; engaging with the community interests group and re-instating a public footpath through the Cradle For Nature woodland.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The charity was registered on 27th February 2020. Its governing document is its constitution. There are five Trustees; Andrew Erskine, Richard Roderick, Hugh Colvin, James Suter and Bob Vaughan. There is an independent Project Director, a General Manager, an independent part-time Finance officer, two part-time Woodland Creation Officers, an Operations Manager plus a Nursery Manager and a part-time administrative assistant. The charity trustees are appointed by the existing trustees. SUFT currently has a database of over 900 supporters who receive our newsletter, 600 volunteers on our database with over 250 actively engaging in events and activities. These are seasonal with tree planting taking place between November to March, the ecological surveys, monitoring and management from April to October and activities at the nursery are year-round. In the period to 30th June 2024 over 250 volunteers put in more than 8000 hours contributing across our activities.
Statement of trustees' responsibilities in relation to the financial statements
Page 4
Stump Up For Trees CIO Trustees Annual Report
The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
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 applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. 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 charity's trustees
A.R. Erskine Trustee 06 March 2025
Page 5
Stump Up For Trees CIO Independent Examiners Report
Independent Examiner's Report to the trustees of Stump Up For Trees CIO
I report to the trustees on my examination of the financial statements of Stump Up For Trees CIO for the year ended 30 June 2024 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and the related notes.
Responsibilities and basis of report
As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011('the Act'). The trustees consider that an audit is not required for this year under the Charities Act 2011, s.144(2) (the 2011 Act) and that an independent examination is needed.
I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
As the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination by being a qualified member of FCA/ ICAEW.
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 in, any material respect:
-
the accounting records were not kept in respect of the charity as required by section 130 of the Act; or
-
the financial statements do not accord with those records; or
-
the financial statements do not comply with the applicable requirements concerning the form and content of the financial statements 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.
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.
Mary Anderson FCA/ ICAEW Andersons Acccountancy Services Ltd
10 The Cedars
Llanfoist
Abergavenny Monmouthshire NP7 9LX 06 March 2025
Page 6
Stump Up For Trees CIO Statement of Financial Activities
for the year ended 30 June 2024
| Unrestricted | Restricted | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| funds | funds | Total funds | Total funds | |||||||
| 2024 | 2024 | 2024 | 2023 | |||||||
| Notes | £ | £ | £ | £ | ||||||
| Income and endowments | ||||||||||
| from: | ||||||||||
| Donations and legacies | 3 | 385,855 | 28,362 | 414,217 | 232,907 | |||||
| Charitable activities | 4 | - | 11,842 | 11,842 | 9,770 | |||||
| Investments | 5 | 8,181 | - | 8,181 | 1,477 | |||||
| Total | 394,036 | 40,204 | 434,240 | 244,154 | ||||||
| Expenditure on: | ||||||||||
| Raising funds | 6 | - | - | - | 50 | |||||
| Charitable activities | 7 | 95,545 | 49,731 | 145,276 | 111,217 | |||||
| Other | 8 | 28,466 | - | 28,466 | 20,146 | |||||
| Total | 124,011 | 49,731 | 173,742 | 131,413 | ||||||
| Net gains on investments | - | - | - | - | ||||||
| Net income | 9 | 270,025 | (9,527) | 260,498 | 112,741 | |||||
| Transfers between funds | - | - | - | - | ||||||
| Net income before other gains/(losses) |
270,025 | (9,527) | 260,498 | 112,741 | ||||||
| Other gains and losses | ||||||||||
| Net movement in funds | 270,025 | (9,527) | 260,498 | 112,741 | ||||||
| Reconciliation of funds: | ||||||||||
| Total funds brought forward | 353,049 | 17,470 | 370,519 | 257,778 | ||||||
| Total funds carried forward | 623,074 | 7,943 | 631,017 | 370,519 | ||||||
Page 7
Stump Up For Trees CIO
Balance Sheet
at 30 June 2024
| Charity No. 1188226 | 2024 | 2023 | |
|---|---|---|---|
| £ | £ | ||
| Fixed assets | |||
| Tangible assets | 11 | 1,987 | 2,650 |
| 1,987 | 2,650 | ||
| Current assets | |||
| Stocks | 12 | 17,149 | 9,200 |
| Debtors | 13 | 5,198 | 4,057 |
| Cash at bank and in hand | 621,088 | 366,518 | |
| 643,435 | 379,775 | ||
| Creditors:Amount falling due within one year | 14 | (14,405) | (11,906) |
| Net current assets | 629,030 | 367,869 | |
| Total assets less current liabilities | 631,017 | 370,519 | |
| Net assets excluding pension asset or liability | 631,017 | 370,519 | |
| Total net assets | 631,017 | 370,519 | |
| The funds of the charity | |||
| Restricted funds | 15 | ||
| Restricted income funds | 7,943 | 17,470 | |
| 7,943 | 17,470 | ||
| Unrestricted funds | 15 | ||
| General funds | 420,528 | 259,751 | |
| Designated funds | 202,546 | 93,298 | |
| 623,074 | 353,049 | ||
| Reserves | 15 | ||
| Total funds | 631,017 | 370,519 | |
Approved by the trustees on 06 March 2025
And signed on their behalf by:
A.R. Erskine Trustee 06 March 2025
Page 8
Stump Up For Trees CIO Statement of Cash flows
for the year ended 30 June 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Cash flows from operating activities | ||
| Net income per Statement of Financial Activities | 260,498 | 112,741 |
| Adjustments for: | ||
| Depreciation of property, plant and equipment | 663 | - |
| Dividends, interest and rents from investments | (8,181) | (1,477) |
| Increase in stocks | (7,949) | (308) |
| Increase in trade and other receivables | (1,141) | (3,936) |
| Increase/(Decrease) in trade and other payables | 2,499 | (6,802) |
| Net cash provided by operating activities | 246,389 | 100,218 |
| Cash flows from investing activities | ||
| Dividends, interest and rents from investments | 8,181 | 1,477 |
| Net cash from/(used in) investing activities | 8,181 | (1,173) |
| Net cash from financing activities | - | - |
| Net increase in cash and cash equivalents | 254,570 | 99,045 |
| Cash and cash equivalents at the beginning of the year | 366,518 | 267,473 |
| Cash and cash equivalents at the end of the year | 621,088 | 366,518 |
| Components of cash and cash equivalents | ||
| Cash and bank balances | 621,088 | 366,518 |
| 621,088 | 366,518 | |
Page 9
Stump Up For Trees CIO Notes to the Accounts
for the year ended 30 June 2024
- 1 Accounting policies
Basis of preparation
The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
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
Stump Up For Trees CIO Notes to the Accounts
Expenditure
-
Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT expenditure which 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 charitable activities and 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.
Taxation
The charity is exempt from tax on its charitable activities.
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:
Fixtures, fittings and 33.33% straight line equipment Motor vehicles 25% reducing balance
Stocks
Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.
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.
Page 11
Stump Up For Trees CIO Notes to the Accounts
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.
Leased assets
Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.
Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.
Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.
Assets held under finance leases are depreciated in the same way as owned assets.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.
Pension costs
The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity 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 charity in independently administered funds.
Receipt of donated goods, facilities and services
All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.
Page 12
Stump Up For Trees CIO
Notes to the Accounts
2 Statement of Financial Activities - prior year
| 2 | Statement of Financial Activities - prior year | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||||
| funds | **funds ** | Total funds | |||||
| 2023 | 2023 | 2023 | |||||
| £ | £ | £ | |||||
| Income and endowments from: | |||||||
| Donations and legacies | 219,860 | 13,047 | 232,907 | ||||
| Charitable activities | - | 9,770 | 9,770 | ||||
| Investments | 1,477 | - | 1,477 | ||||
| Total | 221,337 | 22,817 | 244,154 | ||||
| Expenditure on: | |||||||
| Raising funds | 50 | - | 50 | ||||
| Charitable activities | 62,967 | 48,250 | 111,217 | ||||
| Other | 20,146 | - | 20,146 | ||||
| Total | 83,163 | 48,250 | 131,413 | ||||
| Net income | 138,174 | (25,433) | 112,741 | ||||
| Net income before other gains/(losses) |
138,174 | (25,433) | 112,741 | ||||
| Other gains and losses: | |||||||
| Net movement in funds | 138,174 | (25,433) | 112,741 | ||||
| Reconciliation of funds: | |||||||
| Total funds brought forward | 214,875 | 42,903 | 257,778 | ||||
| Total funds carried forward | 353,049 | 17,470 | 370,519 | ||||
| 3 | Income from donations and legacies | ||||||
| Unrestricted | Restricted | Total | Total | ||||
| 2024 | 2023 | ||||||
| £ | £ | £ | £ | ||||
| Donations and legacies | 385,855 | 28,362 | 414,217 | 232,907 | |||
| 385,855 | 28,362 | 414,217 | 232,907 | ||||
| 4 | Income from charitable activities | ||||||
| Restricted | Total | Total | |||||
| 2024 | 2023 | ||||||
| £ | £ | £ | |||||
| Grants | 11,842 | 11,842 | 9,770 | ||||
| 11,842 | 11,842 | 9,770 |
Page 13
Stump Up For Trees CIO Notes to the Accounts
5 Income from investments
| 6 Expenditure on raising funds Fundraising trading costs Fundraising costs 7 Expenditure on charitable activities Expenditure on charitable activities Landowner costs Project management Other direct costs Salaries/ wages Pension costs Advertising Bank charges Governance costs Accountancy Insurance Other legal and professional IT and admin costs |
Unrestricted Total Total 2024 2023 £ £ £ 8,181 8,181 1,477 8,181 8,181 1,477 Total Total 2024 2023 £ £ - 50 - 50 Unrestricted Restricted Total Total 2024 2023 £ £ £ £ - 33,232 33,232 36,530 26,383 - 26,383 37,263 9,271 16,499 25,770 19,070 51,039 - 51,039 13,938 2,138 - 2,138 602 1,401 - 1,401 813 389 - 389 725 1,396 - 1,396 684 1,937 - 1,937 520 485 - 485 386 1,106 - 1,106 686 95,545 49,731 145,276 111,217 |
|---|---|
Page 14
Stump Up For Trees CIO Notes to the Accounts
8 Other expenditure
| 8 | Other expenditure | |||
|---|---|---|---|---|
| Unrestricted | Total | Total | ||
| 2024 | 2023 | |||
| £ | £ | £ | ||
| Employee costs | 15,825 | 15,825 | 8,729 | |
| Motor and travel costs | 582 | 582 | - | |
| Amortisation, depreciation, | ||||
| impairment, profit/loss on | 663 | 663 | - | |
| disposal of fixed assets | ||||
| Legal and professional costs | 11,396 | 11,396 | 11,417 | |
| 28,466 | 28,466 | 20,146 | ||
| 9 | Net income before transfers | |||
| 2024 | 2023 | |||
| This is stated after charging: | £ | £ | ||
| Depreciation of owned fixed assets | 663 | - | ||
| 10 | Staff costs | |||
| 2024 | 2023 | |||
| Salaries and wages | 15,106 | 8,338 | ||
| Pension costs | 719 | 391 | ||
| 15,825 | 8,729 | |||
| No employee received emoluments in excess of £60,000. | ||||
| Total employee benefits received by key management | - | 1 | ||
| personnel | ||||
| 11 | Tangible fixed assets | |||
| Fixtures, | Motor | |||
| fittings and | vehicles | Total | ||
| equipment | ||||
| £ | £ | £ | ||
| Cost or revaluation | ||||
| At 1 July 2023 | 1,250 | 1,400 | 2,650 | |
| At 30 June 2024 | 1,250 | 1,400 | 2,650 | |
| Depreciation and | ||||
| impairment | ||||
| Depreciation charge for the | 313 | 350 | 663 | |
| year | ||||
| At 30 June 2024 | 313 | 350 | 663 | |
| Net book values | ||||
| At 30 June 2024 | 937 | 1,050 | 1,987 | |
| At 30 June 2023 | 1,250 | 1,400 | 2,650 | |
Page 15
Stump Up For Trees CIO Notes to the Accounts
12 Stocks
| 12 Stocks | |
|---|---|
| Finished goods Carrying value analysed by activities Stock of canes and guards 13 Debtors Prepayments and accrued income 14 Creditors: amounts falling due within one year Other taxes and social security Other creditors Accruals |
2024 2023 £ £ 17,149 9,200 17,149 9,200 2024 2023 £ £ 17,149 9,200 17,149 9,200 2024 2023 £ £ 5,198 4,057 5,198 4,057 2024 2023 £ £ 1,898 - 1,901 274 |
| 10,606 11,632 |
|
| 14,405 11,906 |
Page 16
Stump Up For Trees CIO Notes to the Accounts
15 Movement in funds
| Movement in funds | ||||||||
|---|---|---|---|---|---|---|---|---|
| Incoming | ||||||||
| resources | ||||||||
| At 1 July | (including other |
Resources expended |
Gross transfers |
At 30 June 2024 |
||||
| 2023 | gains/losses) | |||||||
| £ | £ | £ | £ | |||||
| Restricted funds: | ||||||||
| Restricted income funds: | ||||||||
| Education services | 1,929 | - | - | - | 1,929 | |||
| Tree Planting Donations | 8,508 | 28,362 | (33,232) | - | 3,638 | |||
| TNL Community Fund | 7,033 | 11,842 | (16,499) | - | 2,376 | |||
| Total | 17,470 | 40,204 | (49,731) | - | 7,943 | |||
| Unrestricted funds: | ||||||||
| General funds | 259,751 | 394,036 | (124,011) | (109,248) | 420,528 | |||
| Designated funds: | ||||||||
| Tree Planting | 93,298 | - | - | 109,248 | 202,546 | |||
| Total | 93,298 | - | - | 109,248 | 202,546 | |||
| Total funds | 370,519 | 434,240 | (173,742) | - | 631,017 | |||
Purposes and restrictions in relation to the funds:
| Restricted funds: | |
|---|---|
| Education services | Education programme |
| Tree Planting Donations | Tree planting |
| TNL Community Fund | To provide nursery support and access improvements |
| Designated funds: | |
| Tree Planting | Provision for future liabilities of tree planting |
16 Analysis of net assets between funds
| Analysis of net assets between funds | |||
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| funds | funds | ||
| £ | £ | £ | |
| Fixed assets | 1,987 | - | 1,987 |
| Net current assets | 621,087 | 7,943 | 629,030 |
| 623,074 | 7,943 | 631,017 | |
Page 17
Stump Up For Trees CIO Notes to the Accounts
17 Reconciliation of net debt
| At 1 July | At 30 June | |||||||
|---|---|---|---|---|---|---|---|---|
| 2023 | Cash flows | 2024 | ||||||
| £ | £ | £ | ||||||
| Cash and cash equivalents | 366,518 | 254,570 | 621,088 | |||||
| 366,518 | 254,570 | 621,088 | ||||||
| Net debt | 366,518 | 254,570 | 621,088 | |||||
| Commitments | ||||||||
| Operating lease commitments | ||||||||
| Annual commitments under non-cancellable operating leases are as follows: | ||||||||
| 2024 | 2024 | 2023 | 2023 | |||||
| Land and | Land and | |||||||
| Other | Other | |||||||
| buildings | buildings | |||||||
| £ | £ | £ | £ | |||||
| Operating leases with expiry date: | ||||||||
| In the second to fifth years inclusive | 5,783 | - | 5,783 | - | ||||
| 5,783 | - | 5,783 | - | |||||
| Pension commitments | ||||||||
| 2024 | 2023 | |||||||
| £ | £ | |||||||
| The pension cost charge to the charity | ||||||||
| amounted to: | 719 | 993 | ||||||
| Unpaid contributions due to the fund are | ||||||||
| included in other creditors and amounted to: | 428 | 274 |
18 Commitments
Page 18
Stump Up For Trees CIO Detailed Statement of Financial Activities
for the year ended 30 June 2024
| Unrestricte | Restricted | |||
|---|---|---|---|---|
| d funds | funds | Total funds | Total funds | |
| 2024 | 2024 | 2024 | 2023 | |
| £ | £ | £ | £ | |
| Income and endowments from: | ||||
| Donations and legacies | ||||
| Donations and legacies | 385,855 | 28,362 | 414,217 | 232,907 |
| 385,855 | 28,362 | 414,217 | 232,907 | |
| Charitable activities | ||||
| Grants | - | 11,842 | 11,842 | 9,770 |
| - | 11,842 | 11,842 | 9,770 | |
| Investments | ||||
| 8,181 | - | 8,181 | 1,477 | |
| 8,181 | - | 8,181 | 1,477 | |
| Total income and endowments | 394,036 | 40,204 | 434,240 | 244,154 |
| Expenditure on: | ||||
| Costs of other trading activities | ||||
| Fundraising costs | - | - | - | 50 |
| - | - | - | 50 | |
| Total of expenditure on raising | - | - | - | 50 |
| funds | ||||
| Charitable activities | ||||
| Landowner costs | - | 33,232 | 33,232 | 36,530 |
| Project management | 26,383 | - | 26,383 | 37,263 |
| Other direct costs | 9,271 | 16,499 | 25,770 | 19,070 |
| Salaries/ wages | 51,039 | - | 51,039 | 13,938 |
| Pension costs | 2,138 | - | 2,138 | 602 |
| Advertising | 1,401 | - | 1,401 | 813 |
| Bank charges | 389 | - | 389 | 725 |
| 90,621 | 49,731 | 140,352 | 108,941 | |
| Governance costs | ||||
| Accountancy | 1,396 | - | 1,396 | 684 |
| Insurance | 1,937 | - | 1,937 | 520 |
| Other legal and professional | 485 | - | 485 | 386 |
| IT and admin costs | 1,106 | - | 1,106 | 686 |
| 4,924 | - | 4,924 | 2,276 | |
| Total of expenditure on charitable activities |
95,545 | 49,731 | 145,276 | 111,217 |
| Employee costs | ||||
| Salaries/wages | 15,106 | - | 15,106 | 8,338 |
| Pension costs | 719 | - | 719 | 391 |
| 15,825 | - | 15,825 | 8,729 | |
| Motor and travel costs |
Page 19
Stump Up For Trees CIO
Detailed Statement of Financial Activities
| Vehicles - General costs | 582 | - | 582 | - |
|---|---|---|---|---|
| 582 | - | 582 | - | |
| General administrative costs, | ||||
| including depreciation and | ||||
| amortisation | ||||
| Depreciation of Fixtures, fittings | ||||
| - | - | - | - | |
| and equipment | ||||
| Depreciation of Motor vehicles | 663 | - | 663 | - |
| 663 | - | 663 | - | |
| Legal and professional costs | ||||
| Other legal and professional costs |
11,396 | - | 11,396 | 11,417 |
| 11,396 | - | 11,396 | 11,417 | |
| Total of expenditure of other costs | 28,466 | - | 28,466 | 20,146 |
| Total expenditure | 124,011 | 49,731 | 173,742 | 131,413 |
| Net gains on investments | - | - | - | - |
| Net income | 270,025 | (9,527) | 260,498 | 112,741 |
| Net income before other gains/(losses) |
270,025 | (9,527) | 260,498 | 112,741 |
| Other Gains | - | - | - | - |
| Net movement in funds | 270,025 | (9,527) | 260,498 | 112,741 |
| Reconciliation of funds: | ||||
| Total funds brought forward | 353,049 | 17,470 | 370,519 | 257,778 |
| Total funds carried forward | 623,074 | 7,943 | 631,017 | 370,519 |
Page 20
REF. NUMBER DOCUMENT COMPLETED BY ALL PARTIES ON NM3YY-VYPEB-MVEIQ-I9R45 19 MAR 2025 09:52:36 UTC SIGNER TIMESTAMP SIGNATURE ANDREW ERSKINE SENT 05 MAR 2025 15:38:53 UTC EMAIL VIEWED ANDREW@STUMPUPFORTREES.ORG 05 MAR 2025 15:49:14 UTC SIGNED IP ADDRESS 19 MAR 2025 09:52:36 UTC 86.135.25.124 LOCATION PLYMOUTH, UNITED KINGDOM
RECIPIENT VERIFICATION
EMAIL VERIFIED 05 MAR 2025 15:49:14 UTC
Signed with PandaDoc
PAGE 1 OF 1
REF. NUMBER DOCUMENT COMPLETED BY ALL PARTIES ON 8LX6Z-XPWWT-ZWNKT-Y3GZH 24 MAR 2025 10:01:41 UTC SIGNER TIMESTAMP SIGNATURE MARY ANDERSON SENT 24 MAR 2025 10:00:54 UTC EMAIL VIEWED MARY@ANDERSONSACCOUNTANCYSERVICES.CO.UK 24 MAR 2025 10:01:23 UTC SIGNED IP ADDRESS 24 MAR 2025 10:01:41 UTC 109.151.250.135 LOCATION ABERGAVENNY, UNITED KINGDOM
RECIPIENT VERIFICATION
EMAIL VERIFIED 24 MAR 2025 10:01:23 UTC
Signed with PandaDoc
PAGE 1 OF 1