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Trustees, Report & Annual Accounts 2023124 THE* wildlife Wildlife Trust

Our Wild Sussex

Creating a Sussex rich in wildlife, valued and protected by everyone.

We want to create a Wilder Sussex – for the incredible variety of important species and habitats to be protected and restored so that wildlife can not only survive, but thrive. The precious landscapes that we all love must be protected for the future and our county made more resilient to climate change so that we can provide a safe home for wildlife and people long into the future.

�� strategy, Our Wild Sussex, that sets out the goals we �� 30% of land in Sussex to be well managed for nature, �� ancient woodlands, lowland heaths, rivers and seas.

�� people. This will involve 1 in 4 people in Sussex taking �� towards making Our Wild Sussex a reality.

Everyone in Sussex has a part to play in achieving our mission. Nature needs the whole community to speak �� that we reach new and more diverse audiences in our �� everyone feels welcome and involved.

�� speak up with passion and take a stand for nature; collaborate with others to reach our goals; innovate ��

�� Barnacle Geese that we do, so that everyone can feel that SWT is an 1 © Hugh Clark FRPS ��

�� for a step change so that we together can tackle the �� crises. We are excited to work alongside partners and �� Sussex a reality.

Sussex Wildlife Trust

Chair’s Report

I am proud and delighted to share with you my fourth report as Chair of the Sussex Wildlife Trust. In 202324 the team worked extremely hard to protect and restore nature in Sussex and connect people with our wonderful natural world.

�� facing our society – the rapid decline in biodiversity, �� We are doing all we can to turn things around in Sussex, but we cannot do this by ourselves.

Sussex Wildlife Trust is lucky to have almost 38,000 members and many thousands of other supporters without whom we could not deliver our work so �� us through their membership, giving to our appeals, �� you give helps us deliver more for people and nature. This year saw our most successful appeal ever when we raised over £110,000 to purchase an extension to Ebernoe Common nature reserve – a true testament to a tangible result for nature received through the generosity of our supporters.

We now have the support of over 1,000 volunteers, �� nature. Of course, my fellow Trustees and I are part of this cohort of volunteers, and I would also like to thank my Trustee colleagues for their work.

1 Nick

In April 2024, we launched our new strategic plan, �� nature and the goals we want to reach by 2030. I �� and volunteers, working in partnership with local �� amazing results for people and nature in Sussex. We have restructured our team to align to our new strategy, to ensure that we are able to deliver our �� tackle the challenges that lie ahead.

I look forward to sharing the successes and results �� about our plans for the future in this report. I hope �� and my fellow Trustees do.

Nick Pasricha

Chair

Round-headed Rampion 1 © Derek Middleton

Trustees’ Report & Annual Accounts 2023-24 | 3

Objectives

The Trustees are pleased to present their annual Trustees’ report together with financial statements of the charity for the year ending 31 March 2024. These are also prepared with the purpose of meeting the legal requirements for a Directors’ report and accounts in accordance with the Companies Act 2006.

��

[to conserve, restore and enhance the wildlife ] of Sussex including that in its coastal waters. �� and landscapes in which they occur, including �� such habitats

�� preparing their accounts in accordance with the ��

[��] natural environment
[��] ��

With regard to the Charity Commission’s guidance on ��

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Wild Coast Sussex
1 © Miles Davies
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Sussex Wildlife Trust

Strategic Report

Diverse groups and individuals take action for wildlife and wild places across Sussex

�� engagement along the Sussex coast focussing on �� beaches. We collaborated with seven local ports to �� tonnes of ghost gear from the sea.

We deliver across the county to engage as many people as possible with our work, inspiring them to �� on how to create wildlife havens in gardens and the wider community and inspire children to explore and be enchanted by the natural world. Through our Forest School and Wild Beach training we deliver �� ensure our work is accessible to everyone and truly inclusive, to enable our amazing county and its wildlife to be protected and valued by everyone.

�� where they live and work and to choose the support and approaches they need.

This year has seen the delivery of three inspiring ��

ESOL group with Gatwick Greenspace Partnership 1 © Helen Jerromes

Sussex Wildlife Trust

�� year of delivery. We have secured an extension to the �� Heritage traineeship to make Rye Harbour Discovery Centre and the nature reserve more inclusive, for �� community groups, engaged over 3,000 pupils from local primary and secondary schools and created new ��

We are very proud that the Gatwick Greenspace Partnership received the Biodiversity Benchmark Award for enhancing greenspaces around Dorking, Horley, Crawley, Charlwood, Horsham, and Gatwick �� engagement, and this year has connected with more �� celebrates 30 years of the Partnership.

�� Beach programme, which aims to connect people with their local beach.

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Rye Harbour Discovery Centre
1 © Kt Bruce
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Over 1200 pupils visited Woods Mill nature reserve �� and volunteers, learning about its habitats and species. While in Brighton, at our only urban nature �� November 2023 – Deneway’s Wild Future. The young people involved manage, maintain, and make decisions about this valuable greenspace.

�� events, and volunteer support. Our Brighton Hit ��

�� all the Parish Councils in its area which resulted in two successful workshops. We were delighted that 70% ��

Nuthatch on fungi 1 © Brian Watkins

This year we were very pleased to reach a landmark of 1,000 registered volunteers. These volunteers �� in so many ways, from livestock lookering, beach �� to welcoming visitors to the Rye Harbour Discovery Centre, helping in its cafe, processing data and sending out new membership packs.

Trustees’ Report & Annual Accounts 2023-24 | 7

Restore abundant wildlife across large scale landscapes and the sea

�� covering many key areas of our work. We defend �� impact, but also by working in partnership with other �� has been developing well. Wilder Horsham District �� others across the District. Meanwhile, during the year, �� which aims to create a 100-mile corridor for nature in Sussex.

�� engineer species, such as Beavers, on their land.

�� regarding management at Beachy Head East Marine �� trawling from a further 200km2. We were delighted that Dolphin Head, a site proposed by Sussex Wildlife Trust, was made one of only three Highly Protected Marine Areas in the UK – this site will protect a ��

�� threats, and throughout the year we have responded �� the Rampion II windfarm and the proposed runway �� input into local plans and worked more closely than ever with our partners, making sure that we can �� planning and advocacy work.

To maximise the impact of our work, we support the work of the Sussex Nature Partnership and the �� which will be driving nature recovery in Sussex over the coming years. This includes the delivery of Biodiversity Net Gain, a topic that we have explored ��

Above: Beaver

1 © David Plummer

�� Urchin on kelp

1 © Paul Naylor

Sussex Wildlife Trust

Pevensey Levels 1 © David Dennis

Create climate resilient landscapes and thriving wildlife habitats

On our own nature reserves, we manage some of the most biodiverse nature reserves in Sussex. Some of ��

[��] colonising Sussex and now found on two of our �� Rye Harbour Nature Reserve
[��] territories at Butcherlands nature reserve, one of ��
[��] �� over 2000 plants present
[Euophrys petrensis ][, a heathland specialist spider, ] ��
[��] at our Burton Pond nature reserve

Through the year the team has worked hard �� management tasks created during the Covid��

our nature reserves is improving, and the team �� Natural England and local community groups to �� is well known and supported.

A series of habitat improvement works also took ��

[��] to create habitat for Heath Tiger Beetle and other bare ground specialist invertebrates and undertaking scrub clearance at Stedham Common to boost Marsh
��
[��] �� Down to reinstate rare and important chalk grassland habitat
[Scrub clearance at New Piece and The Warren ] at Burton Pond to reinstate heathland and ��
[Clearing Willow to reinstate Watercress beds ] ��
[��] Mill to create more wetland habitat and provision of water for Turtle Doves.

Trustees’ Report & Annual Accounts 2023-24 | 9

�� bathing

1 © Mike Read

Below: Silverstudded Blue

1 © Bob Eade
[Opening up Orchid Marsh at Filsham Reedbed ]
[Areas of previous cleared bracken have ] �� now found to be very rich in invertebrates
[Managing heather at Iping Common to create a ] new season of young heather as habitat for Silver�� rides to open new heather rich areas
[Cut and collect and scrub clearance at Iping and ] Welches Commons to maintain suitable habitat of Wavy Hair-grass acid grassland for Field Crickets

�� improve the climate resilience of the site, so it �� wet grassland.

Our Senior Ecologist has worked closely with Site �� improve the grazing regime that we use on our �� species are maintained or improved. Thanks to our partnership with the Wiston Estate, our programme �� respond to the grazing needs of each site.

�� Ebernoe this year, where we were able to extend our

ownership north of Furnace Meadow. The purchase of the area known as Forest Copse was made possible �� supporters who, through their incredible generosity, helped us achieve our most successful appeal ever, ��

During the year, we have overhauled our internal approach to data and evidence, as the Sussex Biodiversity Record Centre took on the challenge of �� systems. Not only has the improved data management and analysis streamlined some of our work processes, �� the most of the data that it already holds. Our GIS mapping is now combined with data from two drones, one that can be used on our nature reserves and one for underwater surveys.

Sussex Wildlife Trust

30 by 30: Restore and protect at least 30% of Sussex land and sea for nature by 2030

To deliver change at the pace and scale required to bring about nature’s recovery, we must ensure at least 30% of our land and sea is well-managed for nature �� targets set by governments worldwide.

�� Sussex wildlife.

�� People are the key to nature’s recovery, and we all have a part to play. Restoring wildlife depends upon �� nature, yet people are increasingly disconnected from the natural world around them.

�� have shown that when people feel part of nature, they are more likely to make pro-environmental decisions ��

Plans for the Future

‘Our Wild Sussex’ sets out the work we are planning to undertake and how we are going to focus our �� decline in wildlife and habitats across the county.

��

[��] wildlife and wild places across Sussex
[Restore abundant wildlife across large scale ] landscapes and the sea
[Create climate resilient landscapes and thriving ] wildlife habitats

To deliver these goals, we need to make a step-change in how we work, and we will do this focusing on the ��

Including everyone: Building a stronger, more ��

�� appreciate the immense value that a full range of ��

�� volunteers, members and supporters, we will create �� people and wildlife.

Become a net zero and climate resilient ��

Through the year, we worked with RSWT to improve our methods of monitoring our emissions. We already �� we will reach net zero and cut our emissions across �� but there is more to do to reach our net zero goal.

�� our livestock because we have been developing our �� our reserves. In the year ahead we will be looking �� biodiversity, whilst reducing emissions.

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EMAS visit to Woods Mill
1 © Roz Bassford
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Trustees’ Report & Annual Accounts 2023-24 | 11

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Short-eared Owl over Pevensey Levels
1 © David Phillips
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��

�� digital capability, we will extend our reach across �� for nature.

Retain and develop a strong evidence base to �� Our work is driven by evidence and there are two areas that we will focus on.

Firstly, the evidence that underpins and empowers �� into the work of the Sussex Biodiversity Record ��

Secondly, we will be using evidence to monitor the impact of our work. This will require excellent �� while ensuring the highest standards of data ��

��

�� need to be excited, prepared and supported for the challenges ahead. We will invest in our people and equip them with the skills, knowledge �� external environment.

�� realised. Taken together, they will not only help us achieve our goals for 2030, they will also result in a �� longer term.

�� in place to enable us to realise our strategic goals and �� of a thriving natural world.

Maximise the wildlife value and resilience of our nature reserves

Our 33 nature reserves are at the heart of a county�� each year. They also play a vital role in the wider landscape by providing outstanding examples of key habitats and species diversity.

Fly Agaric

1 © Simon Booth

Sussex Wildlife Trust

�� science training 1 © Polly Kitson

Our values

[��] ��

We will be led by our values in all that we do. We will champion and enable �� , so that we can develop bold and courageous ways to restore wildlife and inspire people at scale. We will let our Passion for nature shine through our work so that we can be the strongest advocate for nature in Sussex, informed by evidence and learning. We will boost our �� and work in partnership to achieve our goals, to reach new audiences and work at scale. We will improve and bolster our Inclusion �� promote an inclusive culture where everyone feels respected and able to contribute to their ��

[��]
[A restructure of the team to align with strategy, ] already completed

�� supporter base and income streams

�� wildlife and wild places across Sussex.

Trustees’ Report & Annual Accounts 2023-24 | 13

Volunteers

with target groups, how we measure the impact of �� The success of providing a portal for new volunteers to self-register has meant that we have approximately ��

We now have over 1,000 registered volunteers, �� previous year.

�� availability. Our new volunteering database has ��

A focus this year has been to reconnect with our �� The volunteering team have been considering ways in which to remind current volunteers that they are valued and important to us. Bi-monthly talks online �� on wider issues and training have proved popular. We �� volunteers via social media blogs and posts.

�� Environmental, Social and Governance programmes.

Donated services

We were pleased to receive pro-bono website support ��

�� workshop for volunteers at Ashdown Forest 1 © Sarah Atherton

Below: Richard Black with an insect net during Volunteers Week walk

1 © Roz Bassford

Sussex Wildlife Trust

Financial Review

Structure, Governance and Management

Despite the on-going challenges of the cost-of-living crisis and �� strong this year, with a surplus of £1.2m.

Total income for the year increased against last year to a �� income and achieved greater retail income at our Rye Harbour Discovery Centre. Unrestricted income rose to ��

�� work, recruitment of members and supporters and other ��

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��
1 © Derek Middleton
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our Rye Harbour Discovery Centre, all of which helped drive up our unrestricted income for the year. We are indebted to those who have remembered us in their Wills and are grateful for their huge generosity which helps us so much in �� We have spent £1.1m on raising funds; which remains at a similar level to last year’s expenditure of £1m while also increasing membership recruitment.

�� control during the year, we made over £200k of savings on �� and covered expenditure related to our grant-funded ��

�� purchase during the year of the extension to our Ebernoe Common nature reserve and hope to make further land purchases over the coming years. Other capital expenditure included an investment in our IT infrastructure with the purchase of two new on-site servers which will ensure our future resilience.

�� team for the drive and commitment they have shown �� change with the launch of the new strategic plan and �� is aligned to delivering our strategy and 3-year business ��

Having assessed these accounts and reviewed the income and expenditure forecast and 3-year business plan, the Trustees consider the charity to be a going concern, on the �� trading for the foreseeable future including twelve months from the date of approval of these accounts.

Trustees’ Report & Annual Accounts 2023-24 | 15

Reference and Administrative Details

Charity name: Sussex Wildlife Trust

Charity number: ��

Company number: ��

�� ��

��

The Directors of the charitable company (the Charity) are its Trustees for the purposes of charity law and throughout this ��

The elected Trustees serving during the year and since the ��

�� Chair of Council

Auditor:

�� Causeway House 1 Dane Street �� Herts CM23 3BT

��

�� Vice Chair

�� ��

Andrew Clinton ��

Mark Braithwaite Treasurer and Chair of the Finance, Audit & ��

�� ��

Dr Sean Ashworth

Sarah Bonnôt

Bank:

�� CAF Bank The Old Bank 30 Old Broad Street High Street �� EC2N 1HT East Sussex BN7 2JP

Danielle Harvey

Mark Mallalieu ��

Helen Marshall

�� ��

David Plummer ��

Dr Alan Stewart

President

Dr Tony Whitbread

Vice Presidents

Mr Robin Crane CBE

��

Mr David Streeter OBE

��

Chris Corrigan CEO

Henri Brocklebank �� Angela Croucher ��

Nikki Hills ��

Maria Jonsson �� Caroline Pearce �� Dan Ross ��

Sussex Wildlife Trust

Governing document

The Sussex Wildlife Trust is a company limited by guarantee �� [th] November 2021.

Organisation

The Sussex Wildlife Trust is governed by its Council, which �� of SWT.

Recruitment and appointment of Trustees

�� are elected by the Membership at the Annual General �� the relevant Director, a further year must lapse before �� Council has regard to the requirement for any specialist skills needed.

��

1 Environmental

[Working with Royal Society of Wildlife Trusts (RSWT) ] to report annually using the Green House Gas Protocol ��
[��]
[��] all buildings and nature reserves (in train)

2 Social

[�� ] Safety protocols and aiming for a culture of ��
[��] annual leave allowances and pension provision
[��]
[��] volunteer teams

3 Governance

[Working with the Charity Governance Code to develop ] high standards of integrity and accountability
[��] processes to promote wider diversity and inclusion
[Regular Trustee skills audits with recruitment, linked to ] ��

Remuneration of Senior Leadership Team

Trustee induction and training

��

Trustee review and evaluation

�� of the key areas, it did highlight a need to strengthen our work on diversity, which is now a strategic aim and has also now been included as a target area of focus for the ��

Environmental, social and corporate governance

�� for wildlife in Sussex. We protect and restore natural habitats for both people and wildlife. However, to ensure �� our environmental footprint through our systems, policies ��

Trustees delegate the management of SWT to the CEO. The �� reviewed annually and includes a benchmark review of all ��

The Wildlife Trusts partnership

SWT is a member of The Wildlife Trusts Partnership (registered as the Royal Society of Wildlife Trusts, registered charity number 207238) which acts as an �� behalf of all Wildlife Trusts. The charity has the use of The ��

Trustees’ Report & Annual Accounts 2023-24 | 17

Financial performance highlights:

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Total Income £6.95m ��
Income
Unrestricted Income £5.55m ��
Restricted
� [�� ]
�� 21%
� [��]
��
� [��]
Unrestricted
Restricted Income £1.40m ��
79%
� [��]
� [��]
Total expenditure £5.72m ��
Raising Funds £1.1m ��
Expenditure
Rye Harbour Discovery Centre £590k ��
��
Non
Membership Charitable
We saw an overall increase in membership numbers
33%
in 2023-24 of 112 memberships. This was due to
��
year, and good performance of digital membership Charitable
recruitment. However, we ended the year with a drop
67%
��
��
��
��
which was 4% higher than the previous year. The number of
�� Fundraising
Revenue
Designated Funds Allocated
Expenditure during the year was mainly for our Ash Direct cost
�� of fundraising
�� 29%
��
Capital Projects Net fundraising
SWT invested in two new faster, more resilient on-site revenue
network servers during the year to ensure our future IT 71%
----- End of picture text -----

SWT invested in two new faster, more resilient on-site network servers during the year to ensure our future IT infrastructure. Other items of expenditure involved necessary computer and plant and machinery upgrades including the ��

Member numbers

Retained Funds £14.8m (2022/23 £13.57m) Our total funds at year-end were £14.8m of which £4.7m are restricted funds and £10.1m unrestricted funds. Unrestricted ��

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40000
2022
39,013 2023 2024
38,110 37,964
��
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�� Annual Accounts. Principal Risks and Uncertainties

Sussex Wildlife Trust

�� of the ongoing economic challenges of increasing costs �� risk register to ensure the principal risks are clear and can be managed.

��

Financial

[Improving cost control throughout the year, improving ] ��
[Improving the quality, regularity, and accessibility of our ] �� and decision making. A 3-year business plan has been �� sustainability

Compliance

[��] management processes, controls, and ways of working. ��
[Ensuring a culture of compliance adherence and ] �� and Council
[Updated Safeguarding Policies and Procedures and a ] ��

Other risks

[��] �� management plans

Financial reserves policy

�� guidance. The revised policy, in place at the end of the ��

‘The reserves policy requires unrestricted reserves to be maintained at a level which would allow the core work and �� to cash should the need arise.

�� including land purchase. The main risks to income and ��

�� At this level, the Trustees feel that we would be able to �� drop in funding.

Investment powers and policy

��

[To invest those surplus funds not required for ] immediate use
[To obtain a reasonable income from those funds, ] given prevailing market returns
[�� ] ��

�� of its funds on deposit and the Trustees are of the opinion that this policy has been a prudent one. The Trustees �� change this approach in the past year.

Professional Fundraising Practices

Sussex Wildlife Trust uses third party agencies to fundraise �� telephone fundraising. The charity has agreements in place with its partners to ensure that the legal requirements ��

�� Fundraising Regulator. Sussex Wildlife Trust and its thirdparty agencies comply with the Fundraising Regulator’s �� Fundraising Promise. Sussex Wildlife Trust and its third�� vulnerable people. Our Complaints Procedure complies with the requirements of the Fundraising Regulator, and during ��

��

Trustees’ Report & Annual Accounts 2023-24 | 19

Trustees’ responsibilities in

The Trustees (who are also Directors of Sussex Wildlife �� responsible for preparing the Trustees’ Report and the ��

�� including the income and expenditure, of the charitable ��

[�� ] them consistently
[Observe the methods and principles in the ] ��
[��] and prudent
[��] �� statements
[��] concern basis unless it is inappropriate to presume ��

�� records that disclose, with reasonable accuracy, at any �� for safeguarding the assets of the charitable company and ��

��

[��] charitable company’s auditor is unaware
[The Trustees have taken all steps that they ought to have ] taken to make themselves aware of any relevant audit ��

The Trustees’ Annual Report is approved by order of the Council of Trustees and the Strategic Report included therein is approved by the Council of Trustees in their ��

On behalf of the Trustees

Nick Pasricha Chair

��

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City of Meadows Peter
Gladwin Primary School
1 © Miles Davies
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Sussex Wildlife Trust

Independent Auditor’s Report to the Members of Sussex Wildlife Trust

Opinion

�� Trust (the ‘charitable company’) for the year ended 31 March 2024 which comprises the Statement of Financial �� (United Kingdom ��

��

[give a true and fair view of the state of the charitable ] �� including its income and expenditure, for the year then ended;
[have been properly prepared in accordance with United ] ��
[have been prepared in accordance with the requirements ] ��

Basis for opinion

�� independent of the charitable company in accordance with the ethical requirements that are relevant to our �� requirements. We believe that the audit evidence we have �� our opinion.

Conclusions relating to going concern

��

�� for issue.

�� with respect to going concern are described in the relevant ��

Other information

�� statements and our auditor’s report thereon. The trustees �� extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our �� obtained in the course of the audit or otherwise appears �� inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material �� based on the work we have performed, we conclude that �� we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course ��

[��] ��
[the directors’ report has been prepared in accordance ] with applicable legal requirements.

Matters on which we are required to report by exception

Based on the work we have performed, we have not ��

In the light of the knowledge and understanding of the charitable company and its environment obtained in �� misstatements in the directors’ report.

Trustees’ Report & Annual Accounts 2023-24 | 21

We have nothing to report in respect of the following ��

[��] returns adequate for our audit have not been received from branches not visited by us; or
[��] ��
[��] by law are not made; or
[��] �� ; or
[��] statements in accordance with the small companies’ regime and take advantage of the small companies’ �� strategic report.

Responsibilities of trustees

�� statement, the trustees (who are also the directors of the charitable company for the purposes of company law) are �� and for such internal control as the trustees determine is �� that are free from material misstatement, whether due to fraud or error.

�� responsible for assessing the charitable company’s ability �� intend to liquidate the charitable company or to cease ��

Auditor responsibilities for the audit

�� material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the �� the economic decisions of users taken on the basis of these ��

��

�� including fraud. The extent to which our procedures ��

[we enquired of management regarding laws and ] �� non-compliance;
[��]
[we performed audit work over the risk of management ] ��
[��] �� and related disclosures made by the trustees; and ��

�� become aware of instances of non-compliance. The risk is ��

��

Use of our report

This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of �� been undertaken so that we might state to the charitable �� to them in an auditor’s report and for no other purpose. �� assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

Suzanne Goldsmith FCA �� �� Statutory Auditor, Causeway House, 1 Dane Street, ��

�� 18 October 2024

Sussex Wildlife Trust

��

1 © Mike Read

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Trustees’ Report & Annual Accounts 2023-24 | 23
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Statement of Financial Activities

Company Number: 00698851

for the Year ended 31 March 2024 (including Income and Expenditure Account)

Notes Unrestricted Funds Income from: £ �� � 4,107,235 �� � 665,862 �� � 68,552 �� � 704,999	Restricted Funds Designated Funds £ £ 83,778 - - - - - 1,320,393 -	2024 Total Funds 2023 Total Funds (as restated) £ £ 4,191,013 2,960,675 665,862 585,013 68,552 8,177 2,025,392 1,838,896
Total income 5,546,648	1,404,171 -	6,950,819 5,392,762
Expenditure on: �� � 1,080,634 �� � 590,872 �� � 2,691,211	16,716 4,907 - - 1,316,429 18,039	1,102,257 1,056,969 590,872 484,083 4,025,679 4,169,871
Total expenditure 4,362,717	1,333,145 22,946	5,718,808 5,710,923
Net income/(expenditure) 1,183,932 Transfers between funds �� 306,802	71,026 (22,946) (104,235) (202,567)	1,232,011 (318,161) - -
Net movement in funds 1,490,734 �� Balances brought forward at 1 April 2023 8,583,002	(33,209) (225,513) 4,732,910 252,568	1,232,011 (318,161) 13,568,480 13,886,641
Balances carried forward at 31 March 2024 10,073,736	4,699,701 27,055	14,800,491 13,568,480

��

Sussex Wildlife Trust

Balance Sheet at 31 March 2024

Company Number: 00698851

	Notes	2024	2023
Fixed assets		£	£
��	��	5,413,257	5,536,881
��	��	3,927,199	3,818,795
��	��	100	100
��		9,340,556	9,355,776
Current assets
��		31,828	23,940
��	��	306,470	279,823
��	��	2,145,500	1,292,555
��		3,378,983	2,976,281
Total current assets		5,862,782	4,572,599
��
��	��	402,847	359,896
��		5,459,936	4,212,704
Total net assets		14,800,491	13,568,480
Funds
��		10,073,736	8,583,002
��		4,699,700	4,732,910
��		27,055	252,568
Total funds	19	14,800,491	13,568,480

��

Mr N. Pasricha Chair

Mr M Braithwaite Treasurer

��

Trustees’ Report & Annual Accounts 2023-24 | 25

Year ended 31 March 2024

Notes 2024 �� £ �� �� 545,008	2023 £ (268,534)
�� �� 68,552 �� - �� (210,860)	8,177 500 (204,916)
�� (142,308)	(196,239)
�� �� �� 402,700	(464,773)
�� �� 2024 £ �� 1,232,011 �� �� 226,081 �� (68,552) �� - �� - �� (7,889) �� (26,647) �� (852,947) �� 42,951	2023 £ (318,161) 207,728 (8,177) (500) 132 (155) (63,498) 22,163 (108,066)
�� 545,008	(268,534)
�� 2024 £ �� 2,976,281 �� 402,700	2023 £ 3,441,054 (464,773)
�� 3,378,981	2,976,281

��

Sussex Wildlife Trust

Notes to the Accounts

31 March 2024

1. Accounting Policies

��

a) ��

��

�� preparing their accounts in accordance with the Financial �� applicable in the UK and Republic of Ireland (FRS 102) and ��

��

�� of this is transferred to income each year. Corporate Support �� SWT’s Wildlife magazine produced twice each year.

Investment income is recognised on a receivable basis, where the amount can be measured reliably.

c) Expenditure

Sussex Wildlife Trust (“SWT”) is a company limited by guarantee and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. Sussex ��

As at 31 March 2024 the Sussex Wildlife Trust has £14.8m in Total Net Assets including £3.38m Cash at Bank of ��

b) Income

Income is recognised in the period in which the charity is �� measurable, and probable. Income is deferred only when the ��

�� response to an appeal or with greater freedom of use.

Receipt of a legacy, in whole or in part, is only recognized when its receipt is considered probable, when the amount ��

Expenditure is accounted for on an accruals basis when �� respect of a future period they are categorised as such.

[Raising funds includes expenditure on the recruitment ] of new members, the employee costs of the membership departments, the costs of the annual appeal and the �� together with publicity costs and legacy development.
[Rye Harbour Discovery Centre costs include the total ] ��
[��] ��
[��] incurred in providing centralised services for the charity �� and buildings maintenance. Support costs are allocated ��

d) Donated services and volunteers

�� that would normally be purchased from suppliers this �� the donated item have been met, the receipt of economic ��

Trustees’ Report & Annual Accounts 2023-24 | 27

��

e) ��

�� designated as nature reserves are stated at cost with an �� for other asset classes this rises to £1,000. Assets under ��

f) Heritage assets

SWT’s interests in land designated as nature reserves ��

g) Investments

SWT had no Equity investments during the year other than its investment in its subsidiary company Sussex Wildlife �� year and the previous year.

�� held in each of these categories are disclosed in Note 17.

l) Pension schemes

�� to the SOFA as they become payable in accordance with the scheme rules.

�� Wildlife Trusts and is managed in accordance with the ��

�� Pension Scheme and therefore the Scheme is accounted for ��

A liability is recognised by SWT, where material, for the ��

h) ��

��

��	��
Buildings,carpark & services	2-10%
Temporarystructures,fencing,etc.	20%
Motor vehicles	20%
��	��
Bird Hides	10%

i) Stock

Stocks are valued at the lower of cost and net realisable value.

j) Livestock (biological assets)

�� accordance with the fair value model in FRS 102. Movements in fair value are taken to the SOFA in the year in which they �� the land management team and is considered by the Trustees ��

m) ��

�� risks and rewards of ownership have transferred to the Company as lessee, or the lessee, where the company is a lessor.

�� straight line basis over the life of the lease.

n) ��

�� category of resource expended for which it was incurred. Otherwise it is charged to support costs.

o) ��

�� company as an individual undertaking and not about its group. The subsidiary undertaking is dormant.

p) Cash at hand

k) ��

�� further any of the purposes of the charity.

Cash at bank includes cash and short term highly liquid investments with short maturity of twelve months or less.

q) Financial instruments

Designated funds are unrestricted funds of the charity ��

��

Sussex Wildlife Trust

��

r) Debtors

u) ��

�� are valued at the amount prepaid net of any trade discounts due.

��

v) ��

A provision for impairment of trade debtors is established when there is evidence that the amounts due will not be collected according to the original terms of the contract. Impairment losses are recognised in the SOFA.

�� are based on historical experience and other factors, �� to be reasonable under the circumstances. The Charity ��

s) ��

Creditors and provisions are recognised where the charity �� probably result in the transfer of funds to a third party and �� trade discounts due.

��

t) ��

The Charity is exempt from tax on income and gains falling ��

Trustees’ Report & Annual Accounts 2023-24 | 29

Income and endowments from: 2 Donations and legacies Unrestricted funds Restricted funds Designated funds £ £ £ �� 1,986,575 - - �� 135,712 9,474 - �� 1,984,948 (51,033) - �� - 125,337 - 4,107,235 83,778 - 3 Other trading activities �� 11,856 - - �� 44,089 - - �� 609,917 - - 665,862 - - 4 Investments �� 68,552 - - 68,552 - - 5 Charitable activities Restore and protect at least 30% of Sussex �� - 230,144 - �� 5,710 521 - 5,710 230,665 - Connect people with nature �� - 551,081 - �� 145,162 9,944 - 145,162 561,025 - �� �� 67,311 - - �� 486,817 185,680 - �� - - 554,128 185,680 - �� �� - 343,022 - - 343,022 - �� 704,999 1,320,393 - TOTAL INCOME 5,546,648 1,404,171 -	Income and endowments from: 2 Donations and legacies Unrestricted funds Restricted funds Designated funds £ £ £ �� 1,986,575 - - �� 135,712 9,474 - �� 1,984,948 (51,033) - �� - 125,337 - 4,107,235 83,778 - 3 Other trading activities �� 11,856 - - �� 44,089 - - �� 609,917 - - 665,862 - - 4 Investments �� 68,552 - - 68,552 - - 5 Charitable activities Restore and protect at least 30% of Sussex �� - 230,144 - �� 5,710 521 - 5,710 230,665 - Connect people with nature �� - 551,081 - �� 145,162 9,944 - 145,162 561,025 - �� �� 67,311 - - �� 486,817 185,680 - �� - - 554,128 185,680 - �� �� - 343,022 - - 343,022 - �� 704,999 1,320,393 - TOTAL INCOME 5,546,648 1,404,171 -	2024 TOTAL 2023 TOTAL £ £ 1,986,575 1,904,314 145,186 173,613 1,933,915 817,297 125,337 65,452
	4,107,235 83,778 -	4,191,013 2,960,675
	Other trading activities �� 11,856 - - �� 44,089 - - �� 609,917 - -	11,856 22,440 44,089 46,710 609,917 515,863
	665,862 - -	665,862 585,013
	Investments �� 68,552 - -	68,552 8,177
	68,552 - -	68,552 8,177
	Charitable activities Restore and protect at least 30% of Sussex �� - 230,144 - �� 5,710 521 -	230,144 304,257 6,231 4,302
	5,710 230,665 -	236,375 308,559
	Connect people with nature �� - 551,081 - �� 145,162 9,944 -	551,081 425,860 155,106 139,299
	145,162 561,025 -	706,187 565,159
	�� �� 67,311 - - �� 486,817 185,680 - �� - -	67,311 32,872 672,497 608,008 - 32,417
	554,128 185,680 -	739,808 673,297
	�� �� - 343,022 -	343,022 291,881
	- 343,022 -	343,022 291,881
	�� 704,999 1,320,393 -	2,025,392 1,838,896
	TOTAL INCOME 5,546,648 1,404,171 -	6,950,819 5,392,762

Sussex Wildlife Trust

��

��
	Unrestricted	Restricted
	£	£
��	2,823,263	137,412
��	585,013	-
��	8,177	-
��	666,384	1,172,513
Other	-	-

��

	2024	2023
��	£	£
��	85,060	114,514
��	324,174	280,621

Expenditure on:
6 Raising funds	Unrestricted funds	Restricted funds	Designated funds	2024 TOTAL	2023 TOTAL (as restated)
	£	£	£	£	£
��	341,004	-	-	341,004	351,449
��	220,724	-	-	220,724	269,388
��	3,835	16,716	-	20,551	11,017
��	104,924	-	-	104,924	77,488
��	13,108	-	-	13,108	34,863
��	30,565	-	-	30,565	37,390
��	366,474	-	4,907	371,381	275,374
	1,080,634	16,716	4,907	1,102,257	1,056,969
��	590,872	-	-	590,872	484,083

----- Start of picture text -----
��
1 ��
----- End of picture text -----

Trustees’ Report & Annual Accounts 2023-24 | 31

7 Charitable activities

Restore and protect at least 30% of Sussex �� 322,747 91,431 - �� 10,477 95,625 - �� 4,036 2,860 - �� 183,237 - -	414,178 439,680 106,102 141,807 6,896 20,858 183,237 171,092
520,497 189,916 -	710,413 773,437
Connect people with nature �� 246,540 421,334 - �� 176,921 137,301 - �� 56,169 - - �� 353,386 - -	667,874 672,284 314,222 209,241 56,169 105,484 353,386 368,235
833,016 558,635 -	1,391,651 1,355,244
�� �� 465,023 31,000 - �� 102,474 23,811 - �� 271,954 172,907 18,039 �� 13,852 3,996 - �� 78,656 19,042 - �� 287,944 - -	496,023 603,787 126,285 123,982 462,900 458,963 17,848 34,008 97,698 82,411 287,944 263,231
1,219,903 250,756 18,039	1,488,698 1,566,382
�� �� - 271,796 - �� - 1,194 - �� - 38,472 - �� - 5,659 - �� 117,795 - -	271,796 284,826 1,194 676 38,472 11,652 5,659 5,395 117,795 172,258
117,795 317,121 -	434,916 474,807
�� 2,691,211 1,316,429 18,039	4,025,679 4,169,871
TOTAL EXPENDITURE 4,362,717 1,333,145 22,946	5,718,809 5,710,923

��

��
	Unrestricted	Restricted	Designated
	£	£	£
��	1,446,397	7,361	87,296
��	2,956,728	1,112,312	100,829
	4,403,125	1,119,673	188,125

��

Sussex Wildlife Trust

8 Allocation of support cost

��

��

�� Restore & protect at least 30% of Sussex Connect people with nature Nature �� Retain & �� ��- dence base Charitable �� Total Raising funds Total 2024 Total 2023 (as restated) £ £ £ £ £ £ £ £ �� 78,445 151,286 123,270 50,429 403,430 156,890 560,320 526,680 �� 14,050 27,096 22,078 9,032 72,256 28,099 100,354 219,816 �� 25,503 49,185 40,077 16,395 131,160 51,006 182,166 142,074 �� 14,815 28,572 23,281 9,524 76,192 29,630 105,822 122,574 �� 15,216 29,345 23,911 9,782 78,254 30,432 108,686 8,132 �� 26,852 51,786 42,196 17,262 138,096 53,704 191,800 151,723 �� 8,357 16,116 13,132 5,372 42,977 16,713 59,690 75,270	�� Restore & protect at least 30% of Sussex Connect people with nature Nature �� Retain & �� ��- dence base Charitable �� Total Raising funds Total 2024 Total 2023 (as restated) £ £ £ £ £ £ £ £ �� 78,445 151,286 123,270 50,429 403,430 156,890 560,320 526,680 �� 14,050 27,096 22,078 9,032 72,256 28,099 100,354 219,816 �� 25,503 49,185 40,077 16,395 131,160 51,006 182,166 142,074 �� 14,815 28,572 23,281 9,524 76,192 29,630 105,822 122,574 �� 15,216 29,345 23,911 9,782 78,254 30,432 108,686 8,132 �� 26,852 51,786 42,196 17,262 138,096 53,704 191,800 151,723 �� 8,357 16,116 13,132 5,372 42,977 16,713 59,690 75,270	�� Restore & protect at least 30% of Sussex Connect people with nature Nature �� Retain & �� ��- dence base Charitable �� Total Raising funds Total 2024 Total 2023 (as restated) £ £ £ £ £ £ £ £ �� 78,445 151,286 123,270 50,429 403,430 156,890 560,320 526,680 �� 14,050 27,096 22,078 9,032 72,256 28,099 100,354 219,816 �� 25,503 49,185 40,077 16,395 131,160 51,006 182,166 142,074 �� 14,815 28,572 23,281 9,524 76,192 29,630 105,822 122,574 �� 15,216 29,345 23,911 9,782 78,254 30,432 108,686 8,132 �� 26,852 51,786 42,196 17,262 138,096 53,704 191,800 151,723 �� 8,357 16,116 13,132 5,372 42,977 16,713 59,690 75,270	�� Restore & protect at least 30% of Sussex Connect people with nature Nature �� Retain & �� ��- dence base Charitable �� Total Raising funds Total 2024 Total 2023 (as restated) £ £ £ £ £ £ £ £ �� 78,445 151,286 123,270 50,429 403,430 156,890 560,320 526,680 �� 14,050 27,096 22,078 9,032 72,256 28,099 100,354 219,816 �� 25,503 49,185 40,077 16,395 131,160 51,006 182,166 142,074 �� 14,815 28,572 23,281 9,524 76,192 29,630 105,822 122,574 �� 15,216 29,345 23,911 9,782 78,254 30,432 108,686 8,132 �� 26,852 51,786 42,196 17,262 138,096 53,704 191,800 151,723 �� 8,357 16,116 13,132 5,372 42,977 16,713 59,690 75,270
	183,237 353,386 287,944 117,795 942,363 366,474 1,308,837 1,246,268
Restated for 2023 �� Restore & protect at least 30% of Sussex Connect people with nature Nature �� Retain & �� ��- dence base Charitable �� Total Raising funds Total 2023 £ £ £ £ £ £ £ �� 72,304 153,960 111,243 72,797 410,304 116,376 526,680 �� 30,177 64,257 46,428 30,383 171,245 48,571 219,816 �� 19,504 41,532 30,008 19,637 110,681 31,393 142,074 �� 16,827 35,831 25,890 16,942 95,490 27,084 122,574 �� 1,116 2,377 1,718 1,124 6,335 1,797 8,132 �� 20,829 44,352 32,046 20,971 118,198 33,525 151,723 �� 10,333 22,003 15,898 10,404 58,638 16,632 75,270
171,090 364,312		263,231 172,258 970,891	275,376 1,246,268

9

Staf costs
	2024	2023
��	£	£
��	2,666,588	2,625,335
��	236,649	252,770
��	155,086	156,168
��	18,380	68,503
	3,076,703	3,102,775

��

�� ��
	2024	2023
��	6	7
��	77	74
Other costs
��
��

Trustees’ Report & Annual Accounts 2023-24 | 33

10 Pension costs

��

��
��

��

��

��

	2024	2023
	£	£
��	-	-
��	-	-
��	3,766	3,647
��	3,766	3,647
��	-	-
��	27,940	85,614
��	127,216	190,810
��	5,152	5,617
	164,074	285,688

��

�� ��
2024 £ �� 15,242 �� 4,811	2023 £ 13,966 5,745
20,053	19,711
Net income/(expenditure) for the year �� 2024 £ �� 49,861 �� 226,081 �� �� - �� - �� 24,917 �� 3,500 �� -	2023 £ 23,239 207,728 24,000 3,250 24,000 3,250 500

11 Net income/(expenditure) for the year

Sussex Wildlife Trust

12 Tangible and heritage fixed assets

Tangible and heritage fxed assets
Land and buildings Furniture, �� equipment Plant & �� Motor �� Total tangible assets Tangible �� Assets Cost £ £ £ £ £ £ �� 6,272,221 358,440 108,095 312,162 7,050,918 3,818,795 �� 24,856 61,302 16,298 - 102,456 108,404 �� - (38,929) - (3,795) (42,724) - �� - - - - - -	TOTAL £ 10,869,713 210,860 (42,724) -
�� 6,297,077 380,812 124,393 308,367 7,110,650 3,927,199	11,037,849
�� �� 980,994 329,307 45,805 157,932 1,514,038 - �� 144,175 16,021 24,025 41,859 226,080 - �� - (38,929) - (3,795) (42,724) -	1,514,038 226,080 (42,724)
�� 1,125,169 306,399 69,830 195,996 1,697,394 -	1,697,394
�� �� 5,171,908 74,412 54,563 112,371 5,413,257 3,927,199	9,340,456
�� �� 5,291,227 29,133 62,290 154,230 5,536,881 3,818,795	9,355,676

��

��	2024	2023	2022	2021	2020
	£	£	£	£	£
��	-	-	78,406	-	-
��	-	-	413,026	-	-
��	108,404	-	-	-	-
��	108,404	-	491,432	-	-

��

Trustees’ Report & Annual Accounts 2023-24 | 35

13 Fixed asset investments

��	2024	2023
	£	£
Cost
��	100	100
��	100	100

��

14 Biological assets


	Biological assets	2024
		£
	��	279,823
	��	3,850
	��	(46,269)
	��	69,066
	��	306,470

��

Debtors	2024	2023
	£	£
��	158,203	103,380
��	1,860,329	1,073,165
��	126,968	116,010
	2,145,500	1,292,555

Liabilities: amounts falling due within one year	2024	2023
	£	£
��	213,974	209,950
��	57,819	50,637
��	82,485	61,352
��	27,903	16,203
��	20,666	21,753
	402,847	359,896
��
��	27,903	49,512
��	(16,203)	(49,512)
��	16,203	16,203
��	27,903	16,203

��

Sussex Wildlife Trust

17	Funds Balance 1 April 2023 Income Expenditure Transfers Restricted £ £ £ £ �� 2,324,238 - - - �� 2,408,671 1,404,171 1,333,145 (104,235)	Balance 31 March 2024 £ 2,324,238 2,375,462
	4,732,909 1,404,171 1,333,145 (104,235)	4,699,700
	Designated 252,568 - 22,946 (202,567)	27,055
	Unrestricted 8,583,002 5,546,649 4,362,717 306,802	10,073,736
	Total all funds 13,568,479 6,950,820 5,718,808 -	14,800,491

					Balance
	Balance				31 March
��	1 April 2023	Income	Expenditure	Transfers	2024
	£	£	£	£	£
��	15	50	65	-	-
��	4,726	-	-	-	4,726
��	10,000	-	3,600	-	6,400
��	1,098,044	-	-	-	1,098,044
��	6,070	3,050	-	-	9,120
��	10,234	-	-	-	10,234
��	23,203	-	20,462	-	2,741
��	1,254	-	400	-	854
��	-	8,513	8,240	-	273
��	3,760	-	1,488	-	2,272
��	-	118,931	9,277	108,404	1,250
��	1,034	-	-	-	1,034
��	-	31,294	31,294	-	-
��	-	5,000	1,145	-	3,855
��	31,041	99,882	93,280	(4,169)	41,813
��	-	26,798	26,798	-	-
��
��	301	-	301	-	-
��	120,047	82,814	95,103	-	107,758
��	21,963	-	8,000	-	13,963
��	-	7,873	7,843	-	30
��	-	54,521	54,521	-	-
��	46,038	26,278	30,443	-	41,873
��	-	42,629	42,629	-	-
��	10,261	-	-	-	10,261
��	-	260	260	-	-
��	20,791	-	-	-	20,791
��	570	-	-	-	570
��	10,588	-	-	-	10,588
��	203,400	(51,033)	-	-	152,367
��	-	119,463	117,526	-	1,937
��	5,790	800	6,590	-	-
��	14,087	-	14,087	-	-
��	-	9,025	9,025	-	-
��
��	-	12,396	12,396	-	-
Southerham Barn	39,712	-	19,042	-	20,670
��	25,000	-	10,587	-	14,413
��	5,954	-	-	-	5,954
��	236,906	297,091	278,369	-	255,628

Trustees’ Report & Annual Accounts 2023-24 | 37

17 Funds continued

Fundscontinued
�� Balance 1 April 2023 Income Expenditure £ £ £ �� 1,714 - 1,714 �� 91,638 45,931 38,753 �� 26,555 76,978 40,281 �� - 49,588 17,499 �� 40,919 30,000 23,811 �� 12,000 - - �� �� 5,507 173,120 168,665 �� 9,148 129,611 119,246 �� 66,436 - 15,128 �� 70,289 20 5,278 �� 39,689 3,286 - �� 93,987 - -	Transfers Balance 31 March 2024 £ £ - - - 98,816 - 63,252 - 32,089 - 47,108 - 12,000 - 9,963 - 19,513 - 51,308 - 65,030 - 42,975 - 93,987
2,408,671 1,404,171 1,333,145	104,235 2,375,462

Restricted projects:

�� �� �� ��  �� ��  �� ��  �� ��  �� �� �� �� �� ��  �� �� �� Community group who disbanded Friends of Rye Harbour for Salary support see Caroline ��
�� �� �� by RSPB �� �� 
��
�� ��
��
��
�� ��

�� ��

�� �� 
��
��
��

��

�� ��
��

��

�� ��

�� ��

��

��
�� �� �� ��

�� �� 

�� ��

��

��
�� ��

�� ��

��
��
�� ��
�� ��
��
�� ��

Sussex Wildlife Trust

17 Funds continued

Analysis of designated funds movements

��

��
						Balance
		Balance				31 March
	1	April 2023	Income	Expenditure	Transfers	2024
		£	£	£	£	£
��		11,583	-	-	(11,583)	-
��		142,908	-	-	(142,908)	-
��		9,866	-	-	(9,866)	-
��		2,043	-	4,907	17,958	15,093
��		25,000	-	-	(25,000)	-
��		-	-	-	-	-
��		21,460	-	-	(21,460)	-
��		2,534	-	-	(2,534)	-
��		500	-	18,039	29,500	11,962
��		21,674	-	-	(21,674)	-
��		15,000	-	-	(15,000)	-
		252,568	-	22,946	(202,567)	27,055

Designated funds:

��

�� ��

18 Funds - Previous Year

Funds - Previous Year Balance 1 April 2022 Restricted £ �� 2,324,238 �� 2,218,420	�� Income Expenditure Transfers £ £ £ - - - 1,309,925 1,119,674 -	Balance 31 March 2023 £ 2,324,238 2,408,671
4,542,658	1,309,925 1,119,674 -	4,732,909
Designated 440,693	- 188,125 -	252,568
Unrestricted 8,903,290	4,082,837 4,403,125 -	8,583,002
Total all funds 13,886,641	5,392,762 5,710,924 -	13,568,480

Trustees’ Report & Annual Accounts 2023-24 | 39

18 Funds - Previous Year continued

�� �� Balance 1 April 2022 Income Expenditure £ £ £ �� - 15 - �� 5,060 - 334 �� 10,000 - - �� 1,098,044 - - �� 6,070 - - �� 15,907 - 5,673 �� - 23,203 - �� - 11,764 10,510 �� 3,760 - - �� - 1,034 - �� 41,118 96,619 106,696 �� 227 - - �� - 13,202 13,202 �� �� 301 - - �� 87,026 120,164 87,143 �� 31,963 - 10,000 �� - 50,293 50,293 �� �� (289) 2,919 2,630 �� 23,728 34,800 12,490 �� 10,000 37,701 47,701 �� 10,034 - - �� 3,592 568 4,160 �� 20,791 - - �� - 570 - �� 10,588 - - �� 132,321 72,442 1,363 �� - - - �� (30,157) 143,211 113,054 �� 6,455 3,902 4,567 �� 14,087 - - Southerham Barn 51,062 - 11,350 �� 25,000 - - �� 5,954 - - �� 255,214 254,069 272,377 �� 1,714 - - �� 83,997 37,812 30,171 �� 15,624 77,825 66,894 �� 48,713 30,000 37,794 �� - 12,000 - �� 316 - 316 �� �� - 145,109 139,602 �� 6,168 76,632 73,652 �� 66,386 50 - �� 63,659 6,630 - �� - 47,050 7,361 �� 93,987 - - �� - 10,341 10,341	Transfers Balance 31 March 2023 £ £ - 15 - 4,726 - 10,000 - 1,098,044 - 6,070 - 10,234 - 23,203 - 1,254 - 3,760 - 1,034 - 31,041 - 227 - - - 301 - 120,047 - 21,963 - - - - - 46,038 - - - 10,034 - - - 20,791 - 570 - 10,588 - 203,400 - - - - - 5,790 - 14,087 - 39,712 - 25,000 - 5,954 - 236,906 - 1,714 - 91,638 - 26,555 - 40,919 - 12,000 - - - 5,507 - 9,148 - 66,436 - 70,289 - 39,689 - 93,987 - -
2,218,420 1,309,925 1,119,674	- 2,408,671

��
��
Balance
1 April 2022
Income
Expenditure
£
£
£
��
-
15
-
��
5,060
-
334
��
10,000
-
-
��
1,098,044
-
-
��
6,070
-
-
��
15,907
-
5,673
��
-
23,203
-
��
-
11,764
10,510
��
3,760
-
-
��
-
1,034
-
��
41,118
96,619
106,696
��
227
-
-
��
-
13,202
13,202
��
��
301
-
-
��
87,026
120,164
87,143
��
31,963
-
10,000
��
-
50,293
50,293
��
��
(289)
2,919
2,630
��
23,728
34,800
12,490
��
10,000
37,701
47,701
��
10,034
-
-
��
3,592
568
4,160
��
20,791
-
-
��
-
570
-
��
10,588
-
-
��
132,321
72,442
1,363
��
-
-
-
��
(30,157)
143,211
113,054
��
6,455
3,902
4,567
��
14,087
-
-
Southerham Barn
51,062
-
11,350
��
25,000
-
-
��
5,954
-
-
��
255,214
254,069
272,377
��
1,714
-
-
��
83,997
37,812
30,171
��
15,624
77,825
66,894
��
48,713
30,000
37,794
��
-
12,000
-
��
316
-
316
��
��
-
145,109
139,602
��
6,168
76,632
73,652
��
66,386
50
-
��
63,659
6,630
-
��
-
47,050
7,361
��
93,987
-
-
��
-
10,341
10,341

Transfers
Balance
31 March
2023
£
£
-
15
-
4,726
-
10,000
-
1,098,044
-
6,070
-
10,234
-
23,203
-
1,254
-
3,760
-
1,034
-
31,041
-
227
-
-
-
301
-
120,047
-
21,963
-
-
-
-
-
46,038
-
-
-
10,034
-
-
-
20,791
-
570
-
10,588
-
203,400
-
-
-
-
-
5,790
-
14,087
-
39,712
-
25,000
-
5,954
-
236,906
-
1,714
-
91,638
-
26,555
-
40,919
-
12,000
-
-
-
5,507
-
9,148
-
66,436
-
70,289
-
39,689
-
93,987
-
-

2,218,420
1,309,925
1,119,674

-
2,408,671

Sussex Wildlife Trust

18 Funds - Previous Year continued

Restricted projects:

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Analysis of designated funds movements – previous year

��

��
						Balance
		Balance				31 March
	1	April 2022	Income	Expenditure	Transfers	2023
		£	£	£	£	£
��		28,075	-	28,075	-	-
��		15,506	-	3,923	-	11,583
��		224,973	-	82,065	-	142,908
��		11,829	-	1,963	-	9,866
��		2,744	-	701	-	2,043
��		25,000	-	-	-	25,000
��		21,667	-	21,667	-	-
��		26,691	-	5,231	-	21,460
��		2,534	-	-	-	2,534
��		45,000	-	44,500	-	500
��		21,674	-	-	-	21,674
��		15,000	-	-	-	15,000
		440,693	-	188,125	-	252,568

Trustees’ Report & Annual Accounts 2023-24 | 41

18 Funds - Previous Year continued

Designated funds:

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19 Analysis of net assets between funds

Tangible & �� Assets �� Net Current Assets Restricted £ £ £ �� 2,324,238 - - �� - - 2,375,462 Unrestricted 7,016,216 100 3,057,420 Designated - - 27,054	Total £ 2,324,238 2,375,462 10,073,736 27,055
9,340,454 100 5,459,936	14,800,491

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Tangible & �� Assets �� Net Current Assets Restricted £ £ £ �� 2,324,238 - - �� - - 2,408,672 Raising funds Unrestricted 7,031,438 100 1,551,464 Designated - - 252,568	Total £ 2,324,238 2,408,672 8,583,002 252,568
9,355,676 100 4,212,704	13,568,480

20 Contingent liabilities

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Sussex Wildlife Trust

21 (a) Operating lease commitments

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	2023	2024	2023
	Buildings	Equipment	Equipment
��	£	£	£
��	-	16,652	15,724
��	-	18,804	19,383
��	-	35,456	35,107

(b) Capital commitments

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22 Related party transactions

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23 Prior Year Adjustment

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Trustees’ Report & Annual Accounts 2023-24 | 43

Sussex Wildlife Trust Woods Mill, Henfield West Sussex BN5 9SD

Tel: 01273 492630 Email: enquiries@sussexwt.org.uk Website: sussexwildlifetrust.org.uk

Registered Charity No: 207005

2024-03-31-accounts

Our Wild Sussex

Chair’s Report

Nick Pasricha

Objectives

Strategic Report

Diverse groups and individuals take action for wildlife and wild places across Sussex

Restore abundant wildlife across large scale landscapes and the sea

Pevensey Levels 1 © David Dennis

Create climate resilient landscapes and thriving wildlife habitats

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Below: Silverstudded Blue

30 by 30: Restore and protect at least 30% of Sussex land and sea for nature by 2030

Plans for the Future

Including everyone: Building a stronger, more ���������������������������������

Become a net zero and climate resilient ��������������������

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Maximise the wildlife value and resilience of our nature reserves

Fly Agaric

Our values

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Volunteers

Donated services

Financial Review

Structure, Governance and Management

Reference and Administrative Details

Charity name: Sussex Wildlife Trust

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Auditor:

Bank:

President

Vice Presidents

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Governing document

Organisation

Recruitment and appointment of Trustees

1 Environmental

2 Social

3 Governance

Remuneration of Senior Leadership Team

Trustee induction and training

Trustee review and evaluation

Environmental, social and corporate governance

The Wildlife Trusts partnership

Financial performance highlights:

Member numbers

Financial

Compliance

Other risks

Financial reserves policy

Investment powers and policy

Professional Fundraising Practices

Trustees’ responsibilities in

Independent Auditor’s Report to the Members of Sussex Wildlife Trust

Opinion

Basis for opinion

Conclusions relating to going concern

Other information

Opinions on other matters prescribed by the Companies Act 2006

Matters on which we are required to report by exception

Responsibilities of trustees

Auditor responsibilities for the audit

Use of our report

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Statement of Financial Activities

Notes to the Accounts

1. Accounting Policies

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c) Expenditure

b) Income

d) Donated services and volunteers

e) ��������������������

f) Heritage assets

g) Investments

l) Pension schemes

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j) Livestock (biological assets)

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