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||||||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|
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||||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|
##
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##
|||||||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|