2021-12-31-accounts

					Page
Legal and Administrative		Information
Trustees' Report
Auditor's Report					14
Consolidated Statement		ofFinancial Activities			17
Consolidated and Parent		Charity Income and Expenditure		Accounts	18
Balance Sheet					19
Statement ofCash Flows		and Consolidated	Statement of	Cash Flows	20
Accounting Policies					21
Notes to the Financial	Statements				23

			Unrestricted	funds			Total	Total
			Undesignated	Designated	Restricted	Endowment	funds	funds
			funds	funds	funds	funds	2021	2020
		Note
Income and endovvments		from:
Donations and legacies		2	1,718,684		89,533		1,808417	884,315
Charitable activities		3	301,606		1,822,292		2,123,898	1,755,111
Other trading activities		4	6,256,597				6,256,597	5,449,076
Investment income			971				971	6,693
Total income			8,277,858		1,911,825		10,189,683	8,095,195
Expenditure on:
Raising funds		5	5,810,262	184,945			5,995,207	5,248,137
Charitable activities		6	296,089	577,551	2,239,331	14,824	3,127,795	2,241,808
Total expenditure			6,106,351	762,496	2739,331	14,824	9,123,002	7,489,945
Net income/(expenditure)			2,171,507	(762,496)	(327,506)	(14,824)	1,066,681	605,250
Transfers between funds		25	(2,210,480)	1,781,496	428,984
Net movement in funds			(38,973)	1,019,000	101,478	(14,824)	1,066,681	605,250
Total funds brought	forward
at 1 January 2020			1 902 587	3516230	56223	1 687 953	7162993	6 557743
Total funds carried	forward
at31December 2021			1863614	~535230	157701	1673129	8229674	7162993

					Group			Charity
				2021		2020	2021		2020
Income from:
Donations, legacies	and other trading activities			8,065,785		6,340,084	2,178,570		1,090,340
Charitable activities				2,123,898		1,755,111	2,123,898		1,755,111
Total income				10,189,683		8,095,195	4,302,468		2,845,451
Expenditure on:
Raising fuuds				5,995,207		5,248,137	668,800		607,970
Charitable activities				3,112,971		2,225,673	3,112,971		2,225,673
Total expenditure	on continuing		operations	9,108,178		7,473,810	3,781,771		2,833,643
Net income/ (expenditure)		for the year		1,081,505		621,385	520,697		11,808
Donations under gift aid		from subsidiary					544,000		599,537
Net income for the	year -	parent	charity				1,064,697		611,345

					Group		Charity
				2021	2020	2021	2020
							f.
			Note
Fixed assets
Intangible assets			11	61,498
Tangible assets			]2	2,220,260	2,139,223	2,108,898	2,104,129
Investments			13			100	100
Total fixed assets				2,281,758	2,139,223	2,108,998	2,104,229
Current assets
Stocks			14	17,228	11,552	17,228	11,552
Debtors			15	1,915,085	1,665,508	1,295,579	1,214,784
Cash at bank and in	hand		16	6,297,431	5,216,699	4,644,777	3,564248
				8,229,744	6,893,759	5,957,584	4,790,584
Creditors: amount	falling due within
one year			17	(2,262,012)	(1,864,979)	(1,232,298)	(1,110,402)
Net current assets				5,967,732	5,028,780	4,725,286	3,680,182
Total assets less current liabilities				8,249,490	7,168,003	6,834,284	5,784,411
Provision for liabilities			18	(19,816)	(5,010)
Total net assets			23	8,229,674	7,162,993	6,834,284	5,784,411
Funds
Endowments			19	1,673,129	1,687,953	1,673,129	1,687,953
Resudcted funds			20	157,701	56,223	157,701	56,223
Unrestricted designated		funds	21	4,535,230	3,516,230	4,535,230	3,516,230
Unrestricted funds			22	468,224	524,005	468,224	524,005
Non-charitable funds			22	1,395,390	1,378,582
Total funds				8,229,674	7,162,993	6,834,284	5,784,411

						Group		Charity	Charity
					2021		2020	2021	2020
				Note
Cash provided by operating		activities		30	1,291,402	1,160,228		1,094,696	264,937
Tax paid					(8,375)
Net cash provided by/ (used		in) operating			1,283,027	I,	160,228	1,094,696	264,937
activities
Cash flows from investing	activities
Interest Irom investments					971		6,693	971	6,693
Purchase ofintangible and	tangible fixed				(203,366)		(51,197)	(15,138)	(27,134)
assets
Proceeds trom sale offixed	assets				100		2,777
Cash used in by investing	activities				(202,295)		(41,727)	(14,167)	(20,441)
Increase in cash and cash
equivalents in the year					1,080,732	1,118,501		1,080,529	244,496
Total cash and cash equivalents			at the		5,216,699	4,098,198		3,564,248	3,319,752
beginning ofthe year
Total cash and cash equivalents			at the
end ofthe year					6,297,431	5,216,699		4,644,777	3,564,248
Analysis ofchange in net funds
						At	1.1.2021	Cash flow	At 31.12.21
Net cash
Cash at bank and in hand						5,216,699		1,080,732	6,297,431
						5,216,699		1,080,732	6,297,431

						2021	2020
Turnover including fnil intercompany				(2020;fnil)		6,084,560	5,340,487
Cost ofsales						(518,208)	(788,745)
Gross profit						5,566,352	4,551,742
Other operating	income					12,852	44,373
Other operating	expenses					(5,003,590)	(3,984,183)
Net profit						575,614	611,932
Taxation						(14,806)	(2,355)
						560,808	609,577
Gift Aid donation to Warwickshire			Wildlife Trust			(544,000)	(599,537)
Retained in Subsidiary						16,808	10,040
Aggregate assets, liabilities		and funds				1,395,490	1,378,682
Donations and	Legacies Income
				Unrestricted	Restricted	Total	Total
				funds	funds	2021	2020
				f
Subscriptions				637,469		637,469	613,461
Corporate subscriptions				4,532		4,532	3,057
Donations and	gifts			95,529	89,533	185,062	23,878
Income tax recovered under		gift aid		140,739		140,739	135,212
Legacies				840,415		840,415	108,707
				1,718,684	89,533	1,808,217	884,315

		Unrestricted	Unrestricted	funds
		Designated	Undesignated		Restricted	Endowment	Total	Total
		funds		funds	funds	funds	2021	2020
		f			f
Visitor cennes				301,606			301,606	277,419
Reserves and community					195,584		195,584	442,039
engagement
Living landscapes					1,330,090		1,330,090	784,864
Habitat biodiversity	audit				114,749		114,749	110,673
Health and wellbeing					169,924		169,924	130,116
Nature recovery strategy					11,945		11,945	10,000
				301,606	1,822,292		2,123,898	1,755,111

			Unrestricted	Unrestricted	funds
			Designated	Undesignated		Restricted	Endowment	Total	Total
			funds		funds	funds	funds	2021	2020
							f.
Subsidiary	trading	company			6,097,412			6,097,412	5,384,860
Fundraising					159,185			159,185	64,216
					6,256,597			6,256,597	5,449,076

Raising Fu	nds Ex	penditure
			Unrestricted		funds
			Designated	Undesignated		Restricted	Endowment	Total	Total
			funds		funds	funds	funds	2021	2020
Marketing			54,000		101,215			155,215	126,312
Membership	servicing		130,945		172,443			303,388	346,542
Subsidiary	trading	company			5,536,604			5,536,604	4,775,283
			184,945		5,810,262			5,995,207	5,248,137

			Unrestricted	Unrestricted	funds
			Designated	Undesignated		Restricted	Endowment	Total	Total
			funds		funds	funds	funds	2021	2020
Visitor	centres		127,323		265,726		14,824	407,873	295,400
Reserves and community			235,886			533,625		769,511	680,288
engagement
Living	landscapes		137,120			1,335,531		1,472,651	876,701
Habitat	biodiversity	audit				114,749		114,749	105,693
Health	and wellbeing		68,222			225,736		293,958	240,801
Nature	recovery strategy					29,690		29,690	5,959
Governance costs			9,000					9,000	6,000
Volunteer costs					30,363			30,363	30,966
			577,551		296,089	2,239,331	14,824	3,127,795	2,241,808

Total resources expended
						Total	Total
			Staff costs	Depreciation	Other costs	2021	2020
Direct charitable expenditure			1,343,737	40,223	1,305,599	2,689,559	1,915,442
Visitor centres			155,771	10,146	241,956	407,873	295,400
Expenditure on raising funds			216,608		241,995	458,603	472,854
Volunteer costs			28,176		2,187	30,363	30,966
			1,744,292	50,369	1,791,737	3,586,398	2,714,662
Middlemarch Environmental	Limited		4,215,405	50,320	1,270,879	5,536,604	4,775,283
			5,959,697	100,689	3,062,616	9,123,002	7,489,945
						2021	2020
							g
Total resources expended are stated after			charging/
(crediting):
Directors' remuneration						285,440	178,890
Auditors' remuneration						11,500	11,500
Depreciation						100,689	109,803
Loss/ (profit) on sale offixed	assets					42	(2,777)
Government grants re: Covid-19						(35,679)	(277,339)
Amounts payable under operating		leases				64,150	49,378

Staff Costs
								2021	2020
								g
Wages and salaries								5,133,066	4,156,533
Social security		costs						476,909	394,839
Pension costs								349,722	317,276
								5,959,697	4,868,648
The average	number ofemployees,				analysed		by function was:	2021	2020
								No	No
Trust activities								57	60
Fundraising	and publicity							8	5
Management	and administration							9	7
Subsidiary nading			company					101	81
								175	153
The above average			number ofemployees			comprise
Warwickshire		Wildlife Trust						74	72
Middlemarch		Environmental		Limited				101	81
								175	153

		Charity		Trading	Company
	2021		2020	2021	2020
	No.		No.	No.	No.
870,001 - 880,000	1		1
f90,001 —8100,000
f,100,001 - 8110,000
X,120,001 - X.130,000

						2021	2020
Pension contributions	in	respect ofthe above	employees	are		14,779	9,610
The number ofemployees		accruing retirement	benefits	included	above is	3	2

The tax charge	on the profit for the year was as follows:
		2021	2020
Current tax (charged at 19%):
UK Corporation	tax		8,375
Deferred tax		14,806	(6,020)
		14,806	2,355

	Computer
Group	software	Total
Costs
1 January 2021
Additions	61,498	61,498
31December 2021	61,498	61,498
Amortisation
1 January 2021
Charge for the year
31December 2021
Net book value
31December 2021	61,498	61,498
31 December 2020

	Freehold	Leasehold	Plant and	Motor
Group	Property	Property	Equipment	Vehicles	Total
Costs
1 January 2021	1,328,316	923,252	567,048	319,205	3,137,821
Additions	40,000		141,868		181,868
Disposals			(30,988)	(9,055)	(40,043)
31 December 2021	1,368,316	923,252	677,928	310,150	3,279,646
Depreciation
1 January 2021		233,688	459,381	305,529	998,598
Charge for the year		10,147	80,941	9,601	100,689
Disposals			(30,846)	(9,055)	(39,901)
31December 2021		243,835	509,476	306,075	1,059,386
Net book value
31December 2021	1,368,316	679,417	168,452	4,075	2,220,260
31December 2020	1,328,316	689,564	107,667	13,676	2,139,223
Charity
Costs
1 January 2021	1,328,316	923,252	368,643	63,148	2,683,359
Additions	40,000		15,138		55,138
Disposals
31 December 2021	1,368,316	923,252	383,781	63,148	2,738,497
Depreciation
1 January 2021		233,688	282,394	63,148	579,230
Charge for the year		10,147	40,222		50,369
Disposals
31 December 2021		243,835	322,616	63,148	629,599
Net book value
31 December 2021	1,368,316	679,417	61,165		2,108,898
31 December 2020	1,328,316	689,564	86,249		2,104,129

13.Investments
The Trust owns 100'/0 ofthe	equity ofthe		following	company:		2021 f		2020
Middlemarch Environmental		Lhnited, incorporated		in England
100ordinary shares off,l each						100		100
14.Stocks
				Group			Charity
			2021		2020	2021		2020
					f
Goods for resale			17,228		11,552	17,228		11,552
15.Debtors
Trade debtors			1,230,457		1,110,312	120,411		51,394
Amounts due 1'rom subsidiary
undertaking						565,350		660,737
Other debtors			629,137		504,584	554,327		452,041
Prepayments			40,491		35,612	40,491		35,612
Investment - Wildlife Fundraising
(Central) Ltd			15000		15000	15 000		15000
			1,915,085		1,665,508	1,295,579		1,214,784
16.Cash at Bank and In Hand
COIF Charities Deposit Fund			3,621,072		2,620,700	3,621,072		2,620,700
Other bank accounts and cash			2,676,359		2,595,999	1,023,705		943,548
			6,297,431		5,216,699	4,644,777		3,564,248
17.Creditors Due Within One	Year
Trade creditors			269,926		128,697	195,381		74,487
Corporation tax					8,375
Other taxation and social security			446,068		388,212	153,472		123,698
Pension contributions			37,553		66,638	37,553		66,638
Other creditors and accruals			818,784		439,890	156,211		12,412
Deferred income			689,681		833,167	689,681		833,167
			2,262,012		1,864,979	1,232,298		1,110,402
Defened income represents	grants in advance on							2021
2021 projects:
Balance at I January								833,167
Amounts released to incoming		resources						(376,782)
Amounts defened m year								233,296
Balance at 31 December								689,681

18.Provision for Liabilities
Deferred taxation				Group			Charity
			2021	2020		2021		2020
				K				f.
Balance at 1 January			5,010		11,030
Profit 6t loss account			14,806		(6,020)
Balance at 31December			19,816		5,010
The deferred tax liability	is made up	as follows:
			2021	2020		2021		2020
Accelerated capital allowances			19,816		5,010
19.Endowments
				Movement	in	Resources
			Balance					Balance
			31Dec					31Dec
			2020	Incoming		Outgoing	Transfer	2021
Wappenbury Woods			135,033					135,033
Brandon Marsh Headquarters			22,129			(1,663)		20,466
Whitacre Heath			29,707					29,707
Meadows Appeal			30,868					30,868
Rough Hill Wood			54,339					54,339
Cock Robin Wood			11,228			(46)		11,182
Wire Hill			1,760					1,760
Alvecote Pools			49,623					49,623
Brandon Marsh Visitor and	Education	Centre	349,876			(5,147)		344,729
Parkridge Centre			214,735			(3,291)		211,444
Radway Meadow			70,881					70,881
Taskers Meadow			77,379					77,379
Reset es Tractor			12,577			(4,677)		7,900
Reedbed Bird Hides			5,100					5,100
Bubbenhall Wood Fund			622,718					622,718
			1,687,953			(14,824)		1,673,129

					Movement	in Resources
				Balance				Balance
				31Dec				31Dec
				2020	Incoming	Outgoing	Transfer	2021
Reserves and community			engagement		195,584	(533,625)	338,041
Habitat biodiversity	audit			5,007	114,749	(114,749)		5,007
Living landscapes					1,330,090	(1,335,531)	5,441
Health and wellbeing					169,924	(225,736)	55,812
Nature recovesy fund		appeal		4,041	101,478	(29,690)	29,690	105,519
Sensory garden				4,583				4,583
Peregrine appeal				4 345				4 345
Badger vaccmation	appeal			4,407				4,407
Hedgehog campaign		appeal		23,710				23,710
Landfill appeal				3,677				3,677
Reserves appeal				6,453				6,453
				56,223	1,911,825	(2,239,331)	428,984	157,701

Designated	Funds
				Movement	ln Resources
			Balance				Balance
			31Dec				31Dec
			2020	Incoming	Outgoiug	Transfer f	2021
Charity Projects Fund			945,649		(762,496)	827,496	1.010,649
Nature Recovery Fund			1,500,000			1,019,000	2,519,000
Infrastructure	Investment	Fund	25,581			250,000	275,581
Covid-19 Recovery Fund			315,000			(315,000)
Contingency	Fund		730,000				730,000
			3,516,230		(762,496)	1,781,496	4,535,230

				Movement	in Resources
			Balance				Balance
			31Dec				31Dec
			2020	Incoming	Outgoing	Transfer	2021
			f.				g
Unrestricted	fund		524,005	2,180,446	(569,747)	(1,666,480)	468,224
Non charitable		fund	1,378,582	6,097,412	(5,536,604)	(544,000)	1,395,390
			1,902,587	8,277,858	(6,106,351)	(2,210,480)	1,863,614

				Net
			Tangible	Current
			Fixed Assets	Assets	Total
Endowments			1,673,129		1,673,129
Restricted funds				157,701	157,701
Designated	funds			4,535,230	4,535730
Unrestricted		funds:
Charitable			435,768	32,456	468,224
Non-charitable		trading	172,861	1,222,529	1,395,390
			608,629	1,254,985	1,863,614
Total			2,281,758	5,947,916	8,229,674

			Group			Charity
			2021	2020	2021		2020
					8
Land and buildings:
Expiring within	one year		42,167	45,500
Expiring between		two and five years	27,000	74,167
			69,167	119,667
Other equipment:
Expiring within	one year		93,299
Expiring between		two and five years	169,214
			262,513

Reconciliation ofn	et	moveme	nt	in funds to	net cash flow from op	erating activities
					Group			Charity
					2021	2020	2021		2020
							f.
Net movement in funds					1,066,681	605,250	1,064,697		611,345
Add back tax charged					14,806	2,355
Deduct amortisation	ofendowments						(14,824)		(16,135)
Add back depreciation		charge			100,689	109,803	50,369		49,364
Deduct interest income		shown	in	investing
activities					(971)	(6,693)	(971)		(6,693)
Deduct donation in	kind				(40,000)		(40,000)
Loss/ (profit) on sale offixed			assets		42	(2,777)
(Increase)/ decrease	in	stock			(5,676)	11,276	(5,676)		11,276
(Increase)/ decrease	in	debtors			(249,577)	252,956	(80,795)		(485,971)
Increase in creditors					405,408	188,058	121,896		101,751
Net cash provided	by	operating		activities	1,291,402	1,160,228	1,094,696		264,937