**REGISTERED CHARITY NUMBER: 1196954** 

## **Report of the Trustees and** 

**Unaudited Financial Statements for the Period 6 December 2021 to 31 December 2022** 

**for** 

**The Tottle Woodland and Wildlife Charity** 

Wright Vigar Limited Chartered Accountants & Business Advisers 15 Newland Lincoln Lincolnshire LN1 1XG 



**The Tottle Woodland and Wildlife Charity** 

## **Contents of the Financial Statements for the Period 6 December 2021 to 31 December 2022** 

|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|2|
|**Independent Examiner's Report**||3||
|**Statement of Financial Activities**||4||
|**Balance Sheet**||5||
|**Notes to the Financial Statements**|6|to|8|
|**Detailed Statement of Financial Activities**||9||





**The Tottle Woodland and Wildlife Charity** 

## **Report of the Trustees** 

## **for the Period 6 December 2021 to 31 December 2022** 

The trustees present their report with the financial statements of the charity for the period 6 December 2021 to 31 December 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). 

## **OBJECTIVES AND ACTIVITIES** 

## **Objectives and aims** 

The objectives of the charity as set out in its governing document are to: 

- advance promote and further the conservation, protection and enhancement of wildlife and its habitats, woodland and other areas of natural beauty through the purchase of suitable land, creation and management of reserves. 

- further the charitable purpose as the trustees in their absolute discretion see fit. 

## **Public benefit** 

In deciding on the activities of the charity, the trustees have had due regard to the Charity Commission guidance on public benefit. 

## **ACHIEVEMENT AND PERFORMANCE** 

## **Charitable activities** 

During the period the charity has taken on the management of two woodlands which were transferred in from the Tottle Lifetime Trust No2. 

The woodlands managed by the charity are: 

Dale Top Wood- 6.5 acres of woodland in Troutsdale, North Yorkshire. 

Magerik Wood- 8.5 acres of woodland in Troutsdale, North Yorkshire. 

With this being the first year of managing the woodland, there has been minimal activity but this is expected to increase in future years. 

## **Investment performance** 

During the period the charity received rents from its investment properties of £8,474. 

## **FINANCIAL REVIEW** 

## **Reserves policy** 

The charity aims to have sufficient 'free reserves' in place to cover the cost of maintenance of the woodland and to cover running costs of the charity for 12 months. This is estimated to be around £7,500 when fully operational. 

At the year end there were unrestricted reserves of £424,378, of which £411,000 was within fixed assets so the 'free reserves' of the charity were £13,378. 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Governing document** 

The charity is controlled by its governing document, its constitution and constitutes a Charity Incorporated Organisation registered with the Charity Commission of England for England and Wales. 

## **Recruitment and appointment of new trustees** 

## Process to Appoint Trustees 

The procedures for electing or appointing new trustees is set out in section 10 of the constitution: 

(1) Apart from the first charity trustees, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees. 

(2) In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO. 

## Recruiting Trustees 

Appointments are made by agreement amongst existing trustees having regard to new trustees having the required expertise and experience. 

Page 1 



**The Tottle Woodland and Wildlife Charity** 

## **Report of the Trustees for the Period 6 December 2021 to 31 December 2022** 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Organisational structure** 

The charitable incorporated organisation is constituted under the foundation model where the trustees are its members. The trustees control the running of the charity and meet at least quarterly to review operations. 

## **Induction and training of new trustees** 

The charity will make available to each new trustee on or before their appointment: 

- a copy of the latest constitution of the charity 

- a copy of the latest Trustees Annual Report and accounts 

- a copy of the Charity Commission guidance 'CC3 - The Essential Trustee' 

## **REFERENCE AND ADMINISTRATIVE DETAILS** 

## **Registered Charity number** 

1196954 

## **Principal address** 

Brewer Wallace Solicitors 10 Southgate Court Southgate Hornsea East Yorkshire HU18 1RP 

## **Trustees** 

Robert Grant Wallace (appointed 6.12.21) Stephen Henry Jordan (appointed 6.12.21) Dennis Malcolm Brewer (appointed 6.12.21) Chloe Rebecca Wallace (appointed 6.12.21) 

## **Independent Examiner** 

Wright Vigar Limited Chartered Accountants & Business Advisers 15 Newland Lincoln Lincolnshire LN1 1XG 

Approved by order of the board of trustees on 6 June 2023 and signed on its behalf by: 

## R G Wallace 

R G Wallace (Jun 8, 2023 12:17 GMT+1) 

Robert Grant Wallace - Trustee 

Page 2 



**������������������������������������������������ ����������������������������������������** 

## **������������������������������������������������������������������������������������������** 

������������������������������������������������������������������������������������������������� ����������������������������������������������������������� 

## **�������������������������������������** 

������������������������������������������������������������������������������������������������� ���������������������������������������������������� 

����������������������������������������������������������������������������������������������������� ���������������������������������������������������������������������������������������������������� ��������� 

## **���������������������������������** 

������������������������������������������������������������������������������������������������ ������������������������������������������������������������������������������������������������� ������������������������������������������������������ 

�������������������������������������������������������������������������������������������������� ��������������������������������������������������������������������� 

- �� ��������������������������������������������������������������������������������������������������� 

- �� �������������������������������������������������� 

- �� �������������������������������������������������������������������������������������������� ����������������������������������������������������������������������������������������������� ��������������������������������������������������������������������������������������������� 

��������������������������������������������������������������������������������������������������� ������������������������������������������������������������������������������������������������� 


����������������� 

�������������������� ����������������������������������������� ���������� ������� ������������ ������� 

- ����������� 

������ 



## **The Tottle Woodland and Wildlife Charity** 

## **Statement of Financial Activities** 

## **for the Period 6 December 2021 to 31 December 2022** 

|||Unrestricted|
|---|---|---|
|||fund|
||Notes|£|
|**INCOME AND ENDOWMENTS FROM**|||
|Donations and legacies||414,658|
|**Charitable activities**|||
|Conservation||5,000|
|Investment income|3|8,474|
|**Total**||428,132|
|**EXPENDITURE ON**|||
|**Charitable activities**|||
|Conservation||3,754|
|**NET INCOME**||424,378|
|**TOTAL FUNDS CARRIED FORWARD**||424,378|



The notes form part of these financial statements 

Page 4 



## **The Tottle Woodland and Wildlife Charity** 

|||**Balance Sheet**||
|---|---|---|---|
||**31 December 2022**|||
||||Unrestricted|
||||fund|
||Notes||£|
|**FIXED ASSETS**||||
|Tangible assets|5||134,000|
|Investment property|6||277,000|
||||411,000|
|**CURRENT ASSETS**||||
|Debtors|7||3,676|
|Cash at bank|||13,002|
||||16,678|
|**CREDITORS**||||
|Amounts falling due within one year|8||(3,300)|
|**NET CURRENT ASSETS**|||13,378|
|**TOTAL ASSETS LESS CURRENT LIABILITIES**|||424,378|
|**NET ASSETS**|||424,378|
|**FUNDS**|9|||
|Unrestricted funds|||424,378|
|**TOTAL FUNDS**|||424,378|



The financial statements were approved by the Board of Trustees and authorised for issue on 6 June 2023 and were signed on its behalf by: 

## R G Wallace 

R G Wallace (Jun 8, 2023 12:17 GMT+1) 

Robert Grant Wallace - Trustee 

The notes form part of these financial statements 

Page 5 



**The Tottle Woodland and Wildlife Charity** 

## **Notes to the Financial Statements** 

## **for the Period 6 December 2021 to 31 December 2022** 

## **1. LEGAL STATUS** 

The charity is a Charitable Incorporated Organisation registered with the Charity Commission of England and Wales. Details of the charity address and activities can be found within the Report of the Trustees. 

## **2. ACCOUNTING POLICIES** 

## **Basis of preparing the financial statements** 

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. 

## **Income** 

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

## **Expenditure** 

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. 

## **Tangible fixed assets** 

Depreciation is not provided on freehold and long-leasehold woods and land, which are considered to have a useful life of more than 50 years. 

## **Investment property** 

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Statement of Financial Activities. 

## **Taxation** 

The charity is exempt from tax on its charitable activities. 

## **Fund accounting** 

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 

## **3. INVESTMENT INCOME** 

£ Rents received 8,474 

## **4. TRUSTEES' REMUNERATION AND BENEFITS** 

There were no trustees' remuneration or other benefits for the period ended 31 December 2022. 

## **Trustees' expenses** 

There were no  trustees' expenses paid for the period ended 31 December 2022. 

Page 6 

continued... 



**The Tottle Woodland and Wildlife Charity** 

## **Notes to the Financial Statements - continued for the Period 6 December 2021 to 31 December 2022** 

|**5.**|**TANGIBLE FIXED ASSETS**||||
|---|---|---|---|---|
|||||Woodland|
|||||£|
||**COST**||||
||Additions|||134,000|
||**NET BOOK VALUE**||||
||At 31 December 2022|||134,000|
|**6.**|**INVESTMENT PROPERTY**||||
|||||£|
||**FAIR VALUE**||||
||Additions|||277,000|
||At 31 December 2022|||277,000|
||**NET BOOK VALUE**||||
||At 31 December 2022|||277,000|
|**7.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||
|||||£|
||Other debtors|||3,676|
|**8.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||
|||||£|
||Other creditors|||3,300|
|**9.**|**MOVEMENT IN FUNDS**||||
||||Net||
||||movement|At|
||||in funds|31.12.22|
||||£|£|
||**Unrestricted funds**||||
||General fund||424,378|424,378|
||**TOTAL FUNDS**||424,378|424,378|
||Net movement in funds, included in the above are as follows:||||
|||Incoming|Resources|Movement|
|||resources|expended|in funds|
|||£|£|£|
||**Unrestricted funds**||||
||General fund|428,132|(3,754)|424,378|
||**TOTAL FUNDS**|428,132|(3,754)|424,378|



Page 7 

continued... 



**The Tottle Woodland and Wildlife Charity** 

## **Notes to the Financial Statements - continued for the Period 6 December 2021 to 31 December 2022** 

## **10. RELATED PARTY DISCLOSURES** 

There were no related party transactions for the period ended 31 December 2022. 

Page 8 



**The Tottle Woodland and Wildlife Charity** 

|**INCOME AND ENDOWMENTS**<br>**Donations and legacies**<br>Donations<br>**Investment income**<br>Rents received<br>**Charitable activities**<br>Grants<br>**Total incoming resources**<br>**EXPENDITURE**<br>**Support costs**<br>**Management**<br>Insurance<br>**Governance costs**<br>Independent examination fees<br>Legal and professional fees<br>Total resources expended<br>**Net income**|**Detailed Statement of Financial Activities**<br>**for the Period 6 December 2021 to 31 December 2022**<br>|£<br>414,658<br>8,474<br>5,000|
|---|---|---|
|||428,132<br>333<br>2,400<br>1,021|
|||3,421|
|||3,754|
|||424,378|



This page does not form part of the statutory financial statements 

Page 9 

