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2023-12-31-accounts

NEW ENGLAND WOOD TRUST

Chairman’s Report for 2023

Regeneration

2023 was a continuation of the wood regeneration project- dealing with ash dieback and opening up glades for more sunlight and new growth. Our contractors expertly felled larger trees and our volunteers tirelessly cleared the timber, using much of it for building stronger foundations for the main paths. This work will continue through 2024/5 although not at the same intensity and the wood will recover much as it did after the great storm of 1987. We are grateful for the support for this effort from the Cuckfield community.

Still open for the Cuckfield community

Despite the very obvious felling work the wood continues as Cuckfield’s special place for quiet reflection, enjoyment and activity. As the warning signs say, be aware of the dangers posed by diseased ash trees, particularly during and immediately after high winds.

The proposed ‘Cuck-stye’ development

At this time the proposed Fairfax development of housing and a ‘country park’ flanking New England Wood is stalled and removed from the current District Plan but has not gone away. As before, we continue to monitor the situation.

The Trust finances

Expenditure in 2023 was £14,659 against £4,299 in 2022, mainly due to ash dieback felling. A deficit for the year of only £5,724 and carried forward reserves of £45,087 was thanks to our generous supporters. Sussex Lund, part of the High Weald National Landscape Partnership, have confirmed a potential grant of £15,000 for 2024/5 and new Chair Paddy Boyle’s efforts in developing a woodland management plan means that the Trust will be eligible for Forestry Commission support. Altogether, a strong financial base going forward.

As always, a big thank you to all our volunteers and supporters in 2023

Our thanks to:

A farewell

My shift as Chair ended and Paddy Boyle stepped up as of 1 January 2024. Paddy brings expertise, energy and enthusiasm to the role. With Paddy and his team the Trust is in very good hands.

Ken Burgess

Chair (2023), New England Wood Trust

Registered Charity No. 1188549

Trustees: Paddy Boyle, Ross Bradshaw, Andy Burton, Hamish Church, Helen Crabtree, Steve Davies, James Grieve, Patrick Letschka, Tim Newnham Website: cuckfieldwoodlanders.com

New England Wood Trust Registered CIO No. 1188549

Income and Expenditure Account and

Balance Sheet

as at 31st December 2023

New England Wood Trust Income and Expenditure Statement

For Year Ended 31/12/2023

DETAIL NOTES Year Ending
31/12/2023
Year Ending
31/12/2022
INCOME
Interest Received :-
Bank Interest - Current A/C
Bank Interest - Gold A/C
Donations
Bank deposit from donor not recognised
TOTAL INCOME
EXPENDITURE
Public Liability Insurance
Woodland Consumables
Tools
Room Hire, Subscription and Other Admin Costs.
Tree Surgery - Safety/Ash Die Back
Payback of misplaced deposits (Note 7 in 2022 accounts)
Charitable donation on Santander account closure
TOTAL EXPENDITURE
NET SURPLUS or (DEFICIT)
2 & 3
7
4
5
6
£p £p
38.93
178.43
8,667.67
50.00
44.40
10,187.34
8,935.03 10,231.74
200.60
426.60
392.20
605.40
12,200.00
835.00
195.60
304.32
1,530.17
251.76
2,018.00
0.05
14,659.80 4,299.90
(5,724.77) 5,931.84

Balance Sheet

As At 31/12/2023

DETAIL Notes As @
31/12/2023
As @
31/12/2022
ASSETS
Bank - (CAF Current Account)
Bank - (CAF Gold Account)
Net Bank Balance
Term Deposit Account (Virgin)
NET ASSETS
REPRESENTED BY
Contingency Reserve
Capital Reserve - Brought forward
Add /DeductSurplus or(Deficit)
TOTAL RESERVES
(After the Creation of a Contingency Reserve)
8
9
14,909.01
10,178.43
50,812.21
25,087.44 50,812.21
20,000.00
45,087.44 50,812.21
20,000.00
30,812.21
20,000.00
24,880.37
(5,724.77) 5,931.84
45,087.44 50,812.21

CHAIRMAN :- Mr P T Boyle TREASURER:- Mr H D Church

Notes to the Accounts For the Year Ended 31/12/2023

Note 1 Valuation of Working Assets

The Trustee's policy is to fully write off the value of working assets in the year of their purchase.

Note 2 Donations

Source Source 2023 2022
Cuckfield Parish Council
Adelphi Holdings Ltd
Independent State of Cuckfield
Cuckfield Local
Cuckfield Woodlanders
Note 3
Sundry Donations
Total
5,000.00
300.00
250.00
1,943.67
1,174.00
200.00
5,000.00
400.00
200.00
3,681.68
705.66
Note 3
Total
8,667.67 10,187.34

Note 3 Cuckfield Woodlanders

Source 2023
Just Giving Donations
Gift Aid
1,665.68
277.99
Net Income 1,943.67

Note 4 Woodland Consumables

Source 2023
Chainsaw oil
Blades for saws/scythes
Chainsaw service and items
Paint & Hazard Warning Tape
Total
77.89
120.48
193.24
34.99
426.60

Note 5 Tools

Source 2023
Rake
Accessories for Electric Chainsaw
Splitting Wedges, Axe Handle & Gloves
Lifting Tongs
Scythe
Total
50.00
9.57
77.68
160.46
94.49
392.20

Note 6 Room Hire, Subscription/Charges & Courses

Source 2023
Small Woods Association
CAF Bank Charges
Admin. Costs - Leaflet/card design, AGM printing etc
MyForest App
QH Room Hire for AGM & Trustee Meetings
Chainsaw Course
Total
40.00
60.00
.
139.00
24.00
92.40
250.00
605.40

Note 7 Bank deposit from donor not recognised

Source 2023
IPSOS MORI UK Ltd 50.00

Note 8 Contingency Reserve

This reserve has been created to provide for expenditure that might arise from weather damage, infestations or other unforeseeable costs. This underpins the aims of the Trust to conserve the wood for the benefit of the public and for nature conservation.

Note 9

The Capital Reserve includes a sum of £50.00 as provision for possible repayment of misplaced deposit (see Note 7).