CHARITY REGISTRATION NUMBER: 1193252
The Wild East Charitable Trust Unaudited financial statements
31 March 2025
The Wild East Charitable Trust
Financial statements
Year ended 31 March 2025
| Page | |
|---|---|
| Trustees' annual report | 1 |
| Independent examiner's report to the trustees | 8 |
| Statement of financial activities | 9 |
| Statement of financial position | 10 |
| Notes to the financial statements | 11 |
The Wild East Charitable Trust
Trustees' annual report
Year ended 31 March 2025
The trustees present their report and the unaudited financial statements of the charity for the year ended 31 March 2025.
The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity's governing document, the Charities Act 2011 and 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 published in October 2019.
Reference and administrative details
Registered charity name The Wild East Charitable Trust Charity registration number 1193252 Principal office Manor Barn St. Olaves Road Herringfleet Lowestoft NR32 5QS
The trustees
The trustees who served during the year and at the date of approval were as follows:
The Rt Hon Lord Somerleyton Mr O Birkbeck Hon Argus Edward Gathorne-Hardy Professor Tim O'Riordan Independent examiner M Proctor FCA DChA Lovewell Blake LLP Chartered accountants Bankside 300 Peachman Way Broadland Business Park Norwich NR7 0LB Bankers HSBC Bank Plc 34 London Road North Lowestoft Suffolk NR32 1EW
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The Wild East Charitable Trust
Trustees' annual report (continued)
Year ended 31 March 2025
Objectives and activities
The objectives of the Charity (from its governing deed) are:
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To advance the education of the public in the subject of rewilding, restoration, conservation, and improvement of the physical and natural environment in Norfolk and Suffolk
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To promote for the benefit of the public the rewilding, conservation, restoration and improvement of the physical and natural environment by promoting the restoration of ecosystems and biological diversity
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To promote such charitable purposes for the public benefit of the inhabitants of the area of benefit as the Trustees think fit
In pursuing these objects, the Trustees have had due regard to the Charity Commission’s guidance on public benefit.
Strategic Context
The UK remains one of the most nature-depleted countries in the world, with the east of England particularly exposed to the combined pressures of climate change, habitat fragmentation, and biodiversity loss. WildEast’s work is founded on the principle that meaningful nature recovery requires action at multiple scales: from large landscape initiatives to thousands of small, locally led interventions.
WildEast’s approach is to support, connect, and amplify these actions so that individual efforts combine into a coherent, region-wide contribution to nature recovery. This work is delivered through an integrated programme framework, described below.
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The Wild East Charitable Trust
Trustees' annual report (continued)
Year ended 31 March 2025
Programme Structure
During 2024/25, WildEast delivered its activities through three interconnected programme strands:
1. Media, Mapping & Communications Programme
2. Education & Outreach Programme
3. Community Nature Recovery Programme
Each programme strand contributes to the Charity’s overarching objectives and is designed to reinforce the others.
1. Media, Mapping & Communications Programme
Purpose
The Media, Mapping & Communications Programme underpins WildEast’s work by making nature recovery visible, accessible, and shareable. It provides the tools and platforms needed to document action, communicate impact, and inspire wider participation.
Activities and Achievements (2024/25)
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Ongoing development of the Map of Dreams digital platform to record and visualise nature recovery actions;
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Integration of ecological datasets with community-led mapping and storytelling;
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Production of newsletters, case studies, and digital content highlighting exemplar projects and community champions;
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Targeted communications to engage audiences not traditionally involved in conservation activity;
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Development of new media approaches supported by corporate and philanthropic partners, including work linked to the Sizewell C supply chain.
Public Benefit
This programme increases public awareness of biodiversity loss and recovery opportunities, encourages wider engagement, and supports transparency by evidencing the collective impact of individual and community actions.
2. Education & Outreach Programme
Purpose
The Education & Outreach Programme advances public understanding of biodiversity, ecosystems, and climate resilience through structured learning, skills development, and practical action. The programme is designed to build long-term environmental literacy and confidence, particularly among children and young people.
WildED is the school delivery strand of the WildEast Education & Outreach Programme.
During the year, WildEast continued to develop and pilot its schools-based programme, building on earlier trial phases supported by charitable and corporate funders.
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The Wild East Charitable Trust
Trustees' annual report (continued)
Year ended 31 March 2025
Activities and Achievements (2024/25)
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Delivery of a structured biodiversity learning programme in primary schools, aligned with the National Education Nature Park framework;
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Engagement with a total of twelve schools across the region during the pilot phase;
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Curriculum-linked sessions combining classroom learning, outdoor habitat mapping, and practical biodiversity interventions within school grounds;
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Installation of tangible biodiversity features, including trees, wildflowers, bird boxes, and invertebrate habitats;
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Use of pre- and post-programme questionnaires to assess changes in pupil knowledge, confidence, and engagement;
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Development of a scalable delivery model in partnership with Groundwork East and Learning Through Landscapes.
Public Benefit
The programme increases children’s understanding of biodiversity and climate issues, develops STEM-related skills, and supports schools to contribute actively to local nature recovery. Benefits extend beyond participating pupils through engagement with teachers, families, and the wider school community.
3. Community Nature Recovery Programme
Purpose
The Community Nature Recovery Programme supports place-based, community-led action for biodiversity recovery. It focuses on identifying ecological opportunities, building local partnerships, and enabling practical interventions that strengthen habitat connectivity and resilience.
Activities and Achievements (2024/25)
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Delivery of a project supported by Natural England’s Innovation Fund, focused on the town of Lowestoft and its surrounding landscapes;
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Development of land cover classification and priority habitat mapping to establish an ecological baseline;
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Identification of opportunity areas for habitat creation and connectivity linking urban areas to surrounding wetlands and sandlings;
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Engagement with local authorities, place boards, community trusts, and voluntary organisations to explore delivery partnerships;
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Production of Community Nature Recovery Action factsheets and toolkits to support locally led initiatives.
Public Benefit
This programme enables communities to understand their local environment, identify realistic opportunities for nature recovery, and take informed action. It supports inclusive participation, skills development, and contributes to environmental improvement in areas facing social and economic challenges.
Looking Ahead
Together, these three programme strands form a coherent framework through which WildEast advances its charitable objectives. In the coming year, the Trustees intend to build on this foundation by strengthening delivery partnerships, expanding the schools programme, and further integrating community action with digital mapping and communications to maximise public benefit.
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The Wild East Charitable Trust
Trustees' annual report (continued)
Year ended 31 March 2025
Financial review
Total income for the year amounted to £260,393 (2024: £79,441) of which £239,560 (2024: £79,441) related to unrestricted funds and £20,833 (2024: £Nil) related to restricted funds.
Total expenditure for the year amounted to £258,883 (2024: £126,012) of which £238,050 (2024: £107,020) related to unrestricted funds and £20,833 (2024: £18,992) related to restricted funds.
Income and expenditure during the year supported delivery across the Charity’s three programme strands, as set out below.
Reserves policy
At the period end, the Charity had free reserves of £3,222 (2024: £1,712).
WildEast aims to hold a reserves target of £5,000. Excess reserves over this target will be earmarked for projects going forwards including digital mapping, communication, education and connectivity projects.
1. Media, Mapping & Communications Programme
Funding during the year supported the continued development and operation of the Map of Dreams digital platform and associated communications activity. This included the integration of ecological datasets, the production of newsletters and case studies, and the development of targeted media aimed at engaging audiences not traditionally involved in nature recovery.
Support from corporate and philanthropic partners enabled WildEast to broaden its communications reach and explore new approaches to storytelling and engagement. In particular, support from Sizewell C facilitated the development of nature-positive messaging linked to supply-chain businesses, complementing existing carbon-reduction initiatives. Additional support from Axter Ltd (£1,400) and NATNL Philanthropic (£2,400) received in 2023/2024 contributed to community-facing communications and outreach activity.
2. Education & Outreach Programme
The first trial phase of the WildEast schools programme ( WildED ) continued during the year with key support from the Nagle Family Foundation . Funding of £11,563 received in 2023/24 supported the completion of the pilot phase, engaging a total of twelve schools across the region and establishing a clear template for future programme development.
Expenditure within this programme supported curriculum design, delivery partner input, educational materials, practical biodiversity interventions within school grounds, and evaluation activity. This work has provided a strong foundation for the next phase of the Education & Outreach Programme, including expansion into more urban school settings in the following period.
3. Community Nature Recovery Programme
During the year, WildEast secured £20,833 from Natural England’s Innovation Fund to support a community-led nature recovery mapping project focused on Lowestoft and its surrounding landscape.
Funding supported the development of ecological baselines, opportunity mapping for habitat connectivity, and the production of Community Nature Recovery Action factsheets and toolkits. Expenditure was broadly split between technical mapping activity and community engagement outputs. The programme also enabled engagement with local authorities, place-based partnerships, and community organisations, and contributed to the development of a repeatable framework for community opportunity mapping.
The Trustees consider that the Charity’s resources have been applied effectively and in furtherance of its charitable objects across all programme areas
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The Wild East Charitable Trust
Trustees' annual report (continued)
Year ended 31 March 2025
| Programme Summary | Table | |||
|---|---|---|---|---|
| Programme Strand | Purpose | KeyActivities(2024/25) | PrimaryOutcomes | KeyPartners / Funders |
| Media, Mapping & | To make nature | Development of the Map of | Increased public | Sizewell C; Axter Ltd; NATNL |
| Communications | recovery visible, | Dreams platform; | awareness; wider | Philanthropic |
| Programme | accessible, and | integration of ecological | engagement with | |
| shareable, and | datasets; newsletters and | nature recovery; | ||
| to inspire wider | case studies; targeted | transparent evidence | ||
| participation. | communications; media | of collective action. | ||
| development linked to | ||||
| supply-chain engagement. | ||||
| Education & | To advance | Delivery of pilot schools | Improved pupil | Nagle Family Foundation; |
| Outreach Programme | environmental | programme; | knowledge, | Groundwork East; Learning |
| (WildED) | education and | curriculum-linked | confidence, and STEM | Through Landscapes |
| STEM learning | biodiversity learning; habitat | skills; increased school | ||
| through | creation in school grounds; | participation in nature | ||
| structured, | pupil evaluation; | recovery. | ||
| practical | programme development | |||
| engagement. | for future roll-out. | |||
| Community Nature | To support | Natural England Innovation | Community capacity | Natural England; local |
| Recovery | place-based, | Fund project; ecological | building; identified | authorities; community |
| Programme | community-led | baseline and opportunity | opportunities for | organisations |
| nature recovery | mapping; community | habitat recovery; | ||
| and habitat | engagement; production of | strengthened local | ||
| connectivity. | action toolkits and | partnerships. | ||
| factsheets. |
Structure, governance and management
Governing document
The Wild East Charitable Trust was established under a Trust Deed dated 16 June 2020. The Trust was registered with the Charity Commission (registration number 1193252) on 26 January 2021.
Recruitment and appointment of Trustees
The WildEast trustees aim to broaden and increase the size of the Trustee Board through additional recruitment in 2025/26. New Trustees will be appointed by resolution of the existing Trustees and should be persons who by the virtue of their personal or professional qualifications are able to make a contribution to the pursuit of the objects of the Trust.
Induction and training of Trustees
All new Trustees will be provided with copies of:
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The Charity's Trust Deed
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The latest accounts of the Charity
New Trustees are encouraged to read the Charity Commission guidance notes The Essential Trustee - "What you need to know, what you need to do".
In addition, Trustees are encouraged to read Charity Commission and other newsletters and to attend courses designed to keep them abreast of their duties and responsibilities.
Risk management
The Trustees consider that there are no major strategic or business risks which would affect the ongoing operation of the Charity.
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The Wild East Charitable Trust
Trustees' annual report (continued)
Year ended 31 March 2025
Organisational structure
The Trustees administer the Charity and meet at least twice annually.
True and Fair override
The accounts (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 Accounting and Reporting by charities by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019 rather than Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
Independent examiner
M Proctor FCA DChA of Lovewell Blake LLP will be reappointed as independent examiner for the ensuing year.
The trustees' annual report was approved on 5 February 2026 and signed on behalf of the board of trustees by:
The Rt Hon Lord Somerleyton Trustee
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The Wild East Charitable Trust
Independent examiner's report to the trustees of The Wild East Charitable Trust
Year ended 31 March 2025
I report to the charity trustees on my examination of the financial statements of the charity for the year ended 31 March 2025 which comprise the statement of financial activities, statement of financial position 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’).
I report in respect of my examination of the charity's financial statements carried out under section 145 of the 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
Since 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 because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.
I have completed my examination. I 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:
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accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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the financial statements do not accord with those records; or
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the financial statements 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.
Your attention is drawn to the fact that the Charity has prepared the accounts (financial statements) 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 April 2005 which is referred to in the extant regulations but has since 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 2015.
M Proctor FCA DChA Independent Examiner
Lovewell Blake LLP Chartered accountants Bankside 300 Peachman Way Broadland Business Park Norwich NR7 0LB
5 February 2026
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The Wild East Charitable Trust
Statement of financial activities
Year ended 31 March 2025
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| funds | funds | Total funds | Total funds | ||
| Note | £ | £ | £ | £ | |
| Income and endowments | |||||
| Donations and legacies | 4 | 239,560 | 20,833 | 260,393 | 79,441 |
───────── |
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───────── |
─────── |
||
| Total income | 239,560 | 20,833 | 260,393 | 79,441 | |
═════════ |
═══════ |
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═══════ |
||
| Expenditure | |||||
| Raising funds | |||||
| Costs of raising donations and | |||||
| legacies | 5 | 5,763 | – | 5,763 | – |
| Charitable activities | 6 | 232,287 | 20,833 | 253,120 | 126,012 |
───────── |
─────── |
───────── |
───────── |
||
| Total expenditure | 238,050 | 20,833 | 258,883 | 126,012 | |
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||
───────── |
─────── |
───────── |
───────── |
||
| Net income/(expenditure) and net | |||||
| movement in funds | 1,510 | – | 1,510 | (46,571) | |
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═══════ |
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||
| Reconciliation of funds | |||||
| Total funds brought forward | 1,712 | 10,000 | 11,712 | 58,283 | |
───────── |
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───────── |
───────── |
||
| Total funds carried forward | 3,222 | 10,000 | 13,222 | 11,712 | |
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The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 9 to 15 form part of these financial statements.
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The Wild East Charitable Trust
Statement of financial position
31 March 2025
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Note | £ | £ | £ | £ | |
| Current assets | |||||
| Debtors | 10 | 76,377 | 15,233 | ||
| Cash at bank and in hand | 3,612 | 2,478 | |||
─────── |
─────── |
||||
| 79,989 | 17,711 | ||||
| Creditors: Amounts falling due within | |||||
| one year | 11 | (66,767) | (5,999) | ||
─────── |
─────── |
||||
| Net current assets | 13,222 | 11,712 | |||
─────── |
─────── |
||||
| Total assets less current liabilities | 13,222 | 11,712 | |||
─────── |
─────── |
||||
| Net assets | 13,222 | 11,712 | |||
═══════ |
═══════ |
||||
| Funds of the charity | |||||
| Restricted funds | 10,000 | 10,000 | |||
| Unrestricted funds | 3,222 | 1,712 | |||
─────── |
─────── |
||||
| Total charity funds | 12 | 13,222═══════ |
11,712═══════ |
These financial statements were approved by the board of trustees and authorised for issue on 5 February 2026 and are signed on behalf of the board by:
The Rt Hon Lord Somerleyton Trustee
The notes on pages 9 to 15 form part of these financial statements.
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The Wild East Charitable Trust
Notes to the financial statements
Year ended 31 March 2025
1. General information
The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is Manor Barn, St. Olaves Road, Herringfleet, Lowestoft, NR32 5QS.
2. Statement of compliance
The charity constitutes a public benefit entity as defined by FRS 102. 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 issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Accounting Practice.
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 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 issued in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on a going concern basis under the historical cost convention.
The financial statements are prepared in sterling, which is the functional currency of the entity, and rounded to the nearest £.
Going concern
The financial statements have been prepared on the going concern basis on the assumption that the Charity will continue to receive support from its Trustees and that future funding has been secured in support of the Charity's objectives, as detailed in the Trustees Report.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal.
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The Wild East Charitable Trust
Notes to the financial statements (continued)
Year ended 31 March 2025
3. Accounting policies (continued)
Income
All income is included in the statement of financial activities when entitlement has passed to the charity, it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
- Income received by way of donations, legacies, grants and gifts is included in full in the Statement of Financial Activities when receivable.
Expenditure
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
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expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.
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expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.
Cash at bank
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less.
4. Donations and legacies
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2025 | |
| £ | £ | £ | |
| Donations | |||
| Donations | 2,210 | – | 2,210 |
| Natural England | – | 20,833 | 20,833 |
| Charitable Activities | |||
| Sizewell C Project | 237,350 | – | 237,350 |
───────── |
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───────── |
|
| 239,560 | 20,833 | 260,393 | |
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The Wild East Charitable Trust
Notes to the financial statements (continued)
Year ended 31 March 2025
4. Donations and legacies (continued)
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2024 | |
| £ | £ | £ | |
| Donations | |||
| Donations | 4,441 | – | 4,441 |
| Natural England | – | – | – |
| Charitable Activities | |||
| Sizewell C Project | 75,000 | – | 75,000 |
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──── |
─────── |
|
| 79,441 | – | 79,441 | |
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════ |
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5. Costs of raising donations and legacies
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
|---|---|---|---|---|
| Funds | 2025 | Funds | 2024 | |
| £ | £ | £ | £ | |
| T-shirts | 5,763 | 5,763 | – | – |
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The Wild East Charitable Trust
Notes to the financial statements (continued)
Year ended 31 March 2025
6. Expenditure on charitable activities by fund type
| Unrestricted | Restricted | Total Funds | ||
|---|---|---|---|---|
| Funds | Funds | 2025 | ||
| £ | £ | £ | ||
| Consultancy fees | 177,139 | 20,833 | 197,972 | |
| Digital development, mapping, communications and | ||||
| outreach | 51,199 | – | 51,199 | |
| Education Programme | – | – | – | |
| Printing, postage and stationery | – | – | – | |
| Natural England | 325 | – | 325 | |
| Sundry expenses | 1,038 | – | 1,038 | |
| Map of Dreams | 522 | – | 522 | |
| Governance costs | 2,064 | – | 2,064 | |
───────── |
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───────── |
||
| 232,287 | 20,833 | 253,120 | ||
═════════ |
═══════ |
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||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2024 | ||
| £ | £ | £ | ||
| Consultancy fees | 72,762 | 2,500 | 75,262 | |
| Digital development, mapping, communications and | ||||
| outreach | 11,054 | 10,072 | 21,126 | |
| Education Programme | – | 500 | 500 | |
| Printing, postage and stationery | 1,824 | – | 1,824 | |
| Natural England | – | 8,975 | 8,975 | |
| Sundry expenses | 5,849 | 1,742 | 7,591 | |
| Map of Dreams | – | 8,766 | 8,766 | |
| Governance costs | 1,968 | – | 1,968 | |
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───────── |
||
| 93,457 | 32,555 | 126,012 | ||
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||
| Analysis of governance costs | ||||
| Total Funds | Total Funds | |||
| 2025 | 2024 | |||
| £ | £ | |||
| Independent examination | 2,064 | 1,968 | ||
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|||
| 7. | Independent examination fees | |||
| 2025 | 2024 | |||
| £ | £ | |||
| Fees payable to the independent examiner for: | ||||
| Independent examination of the financial statements | 2,064══════ |
1,968══════ |
8. Staff costs
No salaries or wages have been paid to employees, including the trustees, during the year.
9. Trustee remuneration and expenses
No trustee has received remuneration or expenses during the period.
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The Wild East Charitable Trust
Notes to the financial statements (continued)
Year ended 31 March 2025
10. Debtors
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Trade debtors | 68,957 | 1,810 |
| Other debtors | 7,420 | 13,423 |
─────── |
─────── |
|
| 76,377 | 15,233 | |
═══════ |
═══════ |
|
| Creditors: Amounts falling due within one year | ||
| 2025 | 2024 | |
| £ | £ | |
| Trade creditors | 44,709 | 3,942 |
| Accruals and deferred income | 2,064 | 1,968 |
| Social security and other taxes | 9,396 | – |
| Other creditors | 10,598 | 89 |
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────── |
|
| 66,767 | 5,999 | |
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══════ |
11. Creditors: Amounts falling due within one year
12. Analysis of charitable funds
Unrestricted funds
| Unrestricted funds | ||||||
|---|---|---|---|---|---|---|
| At | ||||||
| At | 1 | April 2024 | Income | Expenditure 31 March 2025 |
||
| £ | £ | £ | £ | |||
| General funds | 1,712 | 239,560 | (238,050) | 3,222 | ||
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══════ |
|||
| At | 1 | April 2023 | Income | Expenditure At | 31 March 2024 | |
| £ | £ | £ | £ | |||
| General funds | 15,728 | 79,441 | (93,457) | 1,712 | ||
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══════ |
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The Wild East Charitable Trust
Notes to the financial statements (continued)
Year ended 31 March 2025
12. Analysis of charitable funds (continued)
Restricted funds
| Restricted funds | ||||
|---|---|---|---|---|
| At | ||||
| At 1 April 2024 | Income | Expenditure | 31 March 2025 | |
| £ | £ | £ | £ | |
| Natural England | – | 20,833 | (20,833) | – |
| The Nagle Foundation | – | – | – | – |
| WildEast Salvation | 10,000 | – | – | 10,000 |
| NATNL Philanthropic | – | – | – | – |
| AXTER UK | – | – | – | – |
| Natural England | – | – | – | – |
─────── |
─────── |
─────── |
─────── |
|
| 10,000 | 20,833 | (20,833) | 10,000 | |
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═══════ |
|
| At | ||||
| At 1 April 2023 | Income | Expenditure | 31 March 2024 | |
| £ | £ | £ | £ | |
| Natural England | – | – | – | – |
| The Nagle Foundation | 11,563 | – | (11,563) | – |
| WildEast Salvation | 10,000 | – | – | 10,000 |
| NATNL Philanthropic | 2,500 | – | (2,500) | – |
| AXTER UK | 1,400 | – | (1,400) | – |
| Natural England | 17,092 | – | (17,092) | – |
─────── |
──── |
─────── |
─────── |
|
42,555═══════ |
–════ |
(32,555)═══════ |
10,000═══════ |
The Nagle Foundation made a grant towards the WildEast Schools Programme.
Alan Boswell Foundation made a grant towards the WildEast Salvation project.
NATNL Philanthopic made a grant towards community work.
AXTER UK made a donation towards community engagement including the WildEast newsletter.
Natural England made a grant towards the Map of Dreams.
13. Analysis of net assets between funds
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2025 | |
| £ | £ | £ | |
| Current assets | 69,989 | 10,000 | 79,989 |
| Creditors less than 1 year | (66,767) | – | (66,767) |
─────── |
─────── |
─────── |
|
| Net assets | 3,222 | 10,000 | 13,222 |
═══════ |
═══════ |
═══════ |
|
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2024 | |
| £ | £ | £ | |
| Current assets | 7,711 | 10,000 | 17,711 |
| Creditors less than 1 year | (5,999) | – | (5,999) |
────── |
─────── |
─────── |
|
| Net assets | 1,712 | 10,000 | 11,712 |
══════ |
═══════ |
═══════ |
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The Wild East Charitable Trust
Notes to the financial statements (continued)
Year ended 31 March 2025
14. Related parties
At March 2025 Somerleyton Estate, a related party by virtue of The Rt Hon Lord Somerleyton's (trustee) involvement; was owed an amount of £10,000 (2024: £Nil), included within creditors. Donations of £2,035 (2024: £3,509) without conditions were made by the Estate during the year.
At 31 March 2025, an amount of £7,420 (2024: £13,341) was due to the trust from Crossley Farms Limited including £7,420 (2024: £12,420) expenditure for the WS1 project; a related party by virtue of the fact that The Rt Hon Lord Somerleyton (trustee) is a director of Crossley Farms Limited.
At 31 March 2025, an amount of £410 (2024: £410 as a debtor) which was due to the trust from Mr A Hardy (trustee) was written off, the cost of which is included within expenditure.
During the year, the trust received £242 (2024: £4,327) of donations from Fritton Lake Limited, a related party by virtue of the fact that The Rt Hon Lord Somerleyton (trustee) is a director of Fritton Lake Limited. £Nil (2024: £82) was due to the trust at the year end from Fritton Lake Limited. In addition, Fritton Lake Limited recharged expenses of £7,024 (2024: £3,887) to the trust, with £10,822 (2024: £3,798) owing to Fritton Lake Limited at the year end included in trade creditors.
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