##
||||||Page|
|---|---|---|---|---|---|
|Legal and Adm inistrative|Information|||||
|Trustees'
Report||||||
|Auditor's
Report|||||17|
|Consolidated
Statement ofFinancial||Activities|||20|
|Consolidated
and Parent|Charity Income and Expenditure|||Accounts|21|
|Balance Sheet|||||22|
|Statement ofCash Flows|and Consolidated||Statement of|Cash Flows|23|
|Accounting
Policies|||||24|
|Notes to the Financial
Statements||||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||Unrestricted|funds|||Total|Total|
|---|---|---|---|---|---|---|---|---|
||||Undesignated|Designated|Restricted|Endowment|funds|funds|
||||funds|funds|funds|funds|2022|2021|
|||Note|||||||
|Income and endowments||from:|||||||
|Donations
and legacies|||1,141,567||15,869||1,157,436|1,808,217|
|Charitable
activities|||359,712||2,285,998||2,645,710|2,123,898|
|Other trading activities|||6,425,908||||6,425,908|6,256,597|
|Investment
income|||47,849||||47,849|971|
|Total income|||7,975,036||2,301,867||10,276,903|10,189,683|
|Expenditure
on:|||||||||
|Raising funds||5|6,276,581|154,804|||6,431,385|5,995,207|
|Charitable
activities||6|166,201|661,119|2,763,459|11,021|3,601,800|3,127,795|
|Total expenditure|||6,442,782|815,923|2,763,459|11,021|10,033,185|9,123,002|
|Net income/(expenditure)|||1,532,254|(815,923)|(461,592)|(11,021)|243,718|1,066,681|
|Transfers between
funds||25|(1,531,330)|1,063,342|467,988||||
|Net movement
in funds|||924|247,419|6,396|(11,021)|243,718|1,066,681|
|Total funds brought|forward||||||||
|at
1 January 2022|||1,863614|4,535,230|157,701|1 673 129|8229,674|7,162993|
|Total funds carried|forward||||||||
|at 31December 2022|||1,864,538|4,782,649|164,097|1,662,108|8,473,392|8229,674|
##
|||||||Group||Charity||
|---|---|---|---|---|---|---|---|---|---|
||||||2022||2021|2022|2021|
|Income from:||||||||||
|Donations,
legacies|and other trading|||activities|7,631,]93||8,065,785|1,557,500|2,178,570|
|Charitable
activities|||||2,645,710||2,123,898|2,645,710|2,123,898|
|Total income|||||10,276,903||10,189,683|4,203,210|4,302,468|
|Expenditure
on:||||||||||
|Raising funds|||||6,431,385||5,995,207|836,239|668,800|
|Charitable
activities|||||3,590,779||3,112,971|3,590,779|3,112,971|
|Total expenditure|on continuing||operations||10,022,164||9,108,178|4,427,018|3,781,771|
|Net income/ (expenditure)||for the year|||254,739||1,081,505|(223,808)|520,697|
|Donations
under gift aid||from subsidiary||||||478,000|544,000|
|Net income for the|year -|parent|charity|||||254,192|1,064,697|
||||||Group||Charity|
|---|---|---|---|---|---|---|---|
|||||2022|2021|2022|2021|
||||Note|||||
|Fixed assets||||||||
|Intangible
assets|||11|70,881|61,498|||
|Tangible assets|||12|2,241,026|2,220,260|2,104,451|2,108,898|
|Investments|||13|||100|100|
|Total fixed assets||||2,311,907|2,281,758|2,104,551|2,108,998|
|Current assets||||||||
|Stocks|||14|19,477|17,228|19,477|17,228|
|Debtors|||15|2,075,523|1,915,085|1,157,230|1,295,579|
|Cash at bank and in|hand||16|5,892,358|6,297,431|4,972,567|4,644,777|
|||||7,987,358|S,229,744|6,149,274|5,957,584|
|Creditors: amount|falling due within|||||||
|one year|||17|(1,791,729)|(2,262,012)|(1,176,370)|(1,232,298)|
|Net current assets||||6,195,629|5,967,732|4,972,904|4,725,286|
|Total assets less current||liabilities||8,507,536|8,249,490|7,077,455|6,834,284|
|Provision for liabilities|||18|(34,144)|(19,816)|||
|Total net assets|||23|8,473,392|8,229,674|7,077,455|6,834,284|
|Funds||||||||
|Endowments|||19|1,662, 108|1,673,129|1,662,108|1,673,129|
|Restricted funds|||20|164,097|157,701|164,097|157,701|
|Unrestricted
designated||funds|21|4,782,649|4,535,230|4,782,649|4,535,230|
|Unrestricted
funds|||22|468,601|468,224|468,601|468,224|
|Non-charitable
funds|||22|1,395,937|1,395,390|||
|Total funds||||8,473,392|8,229,674|7,077,455|6,834,284|
##
||||||||Group|Charity|Charity||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||2022|2021|2022||2021|
||||||Note||||||
|Cash (used in)/ provided||by|operating||30|(312,276)|1,291,402|330,223|1,094,696||
|activities|||||||||||
|Tax paid||||||(5,030)|(8,375)||||
|Net cash (used in)/ provided|||by operating|||(317,306)|1,283,027|330,223|1,094,696||
|activities|||||||||||
|Cash flows from investing||activities|||||||||
|Interest
Idiom investments||||||47,849|971|47,849||971|
|Purchase ofintangible
and||tangible fixed||||(]73,283)|(203,366)|(50,282)||(15,138)|
|assets|||||||||||
|Proceeds fi.om sale offixed assets||||||37,667|100||||
|Cash used in investing|activities|||||(87,767)|(202,295)|(2,433)||(14,167)|
|(Decrease)/ increase in cash and||||cash|||||||
|equivalents
in the year||||||(405,073)|1,080,732|327,790|1,080,529||
|Total cash and cash equivalents||||at the||6,297,431|5,216,699|4,644,777|3,564,248||
|beginning ofthe year|||||||||||
|Total cash and cash equivalents||||at the|||||||
|end ofthe year||||||5,&92,358|6,297,431|4,972,567|4,644,777||
|Analysis ofchange in|net funds||||||||||
||||||||At 1.1.2022|Cash flow|At|31.12.22|
|Net cash|||||||||||
|Cash at bank and in hand|||||||6,297,431|(405,073)|5,892,358||
||||||||6,297,431|(405,073)|5,892,358||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||||2022|2021|
|---|---|---|---|---|---|---|---|
||||||||K|
|Turnover
including
Enii intercompany||||(2021:anil)||6,304,080|6,084,560|
|Cost ofsales||||||(522,610)|(5]8,208)|
|Gross profit||||||5,781,470|5,566,352|
|Other operating|income||||||12,852|
|Other operating|expenses|||||(5,283,565)|(5,003,590)|
|Net profit||||||497,905|575,614|
|Taxation||||||(19,358)|(14,806)|
|||||||478,547|560,808|
|Gift Aid donation to Warwickshire|||Wildlife Trust|||(478,000)|(544,000)|
|Retained
in Subsidiary||||||547|16,S08|
|Aggregate
assets, liabilities||and funds||||1,396,037|1,395,490|
|Donations
and|Legacies Income|||||||
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|2022|2021|
|Subscriptions||||676,014||676,014|637,469|
|Corporate
subscriptions||||4,048||4,048|4,532|
|Donations
and|gifts|||71,468|15,869|87,337|185,062|
|Income tax recovered under||gift aid||160,701||160,701|140,739|
|Legacies||||229,336||229,336|840,415|
|||||1,141,567|15,869|1,157,436|1,808,217|
##
##
##
##
||||Unrestricted|Unrestricted|funds|||||
|---|---|---|---|---|---|---|---|---|---|
||||Designated|Undesignated||Restricted|Endowment|Total|Total|
||||funds||funds|funds|funds|2022|2021|
|||||||||f||
|Visitor centres|||||359,712|||359,712|301,606|
|Reserves and|community|||||325,183||325,183|195,5&4|
|engagement||||||||||
|Living landscapes||||||1,609,570||1,609,570|1,330,090|
|Habitat biodiversity||audit||||1G3,533||1G3,533|114,749|
|Health and wellbeing||||||207,675||207,675|169,924|
|Development|strategy|||||36,104||36,104||
|Nature recovery strategy||||||3,933||3,933|11,945|
||||||359,712|2,285,998||2,645,710|2,123,898|
##
||||Unrestricted|Unrestricted|funds|||||
|---|---|---|---|---|---|---|---|---|---|
||||Designated|Undesignated||Restricted|Endowment|Total|Total|
||||funds||funds|funds|funds|2022|2021|
|Subsidiary|trading|company|||6,304,G&0|||6,304,080|6,097,412|
|Fundraising|||||121,828|||121,828|159,185|
||||||6,425,908|||6,425,908|6,256,597|
|All other trading activities income|||in 2021 was unrestricted.|||||||
|Raising Funds Expenditure||||||||||
||||Unrestricted||funds|||||
||||Designated|Undesignated||Restricted|Endowment|Total|Total|
||||funds||funds|funds|funds|2022|2021|
|Marketing|||45,615||132,907|||178,522|155,215|
|Membership|servicing||109,189||318,]41|||427,330|303,388|
|Subsidiary|trading|company|||5,825,533|||5,825,533|5,536,604|
||||154,804||6,276,581|||6,431,385|5,995,207|
##
##
##
||||Unrestricted|Unrestricted|funds|||||
|---|---|---|---|---|---|---|---|---|---|
||||Designated|Undesignated||Restricted|Endowment|Total|Total|
||||funds||funds|funds|funds|2022|2021|
|Visitor|centres||129,244||132,770||11,021|273,035|407,873|
|Reserves and community|||263,248|||581,184||844,432|769,S11|
|engagement||||||||||
|Living|landscapes||164,146|||1,671,641||1,835,787|1,472,651|
|Habitat|biodiversity|audit||||103,533||103,533|114,749|
|Health|and wellbeing||98,231|||256,876||355,107|293,958|
|Development
strategy||||||136,819||136,819||
|Nature|recovery strategy|||||13,406||13,406|29,690|
|Governance
costs|||6,250|||||6,250|9,000|
|Volunteer
costs|||||33,431|||33,431|30,363|
||||661,119||166,201|2,763,459|11,021|3,601,800|3,127,795|
##
|Total resources|expended|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||Total|Total|
||||||Staffcosts|Depreciation|Other costs|2022|2021|
|Direct charitable|expenditure||||1,519,211|42,373|1,733,750|3,295,334|2,689,559|
|Visitor centres|||||184,135|10,147|78,753|273,035|407,873|
|Expenditiu. e on raising funds|||||220,347||385,505|605,852|458,603|
|Volunteer
costs|||||29,580||3,851|33,431|30,363|
||||||1,953,273|52,520|2,201,859|4,207,652|3,586,398|
|Middlemarch
Environmental|||Limited||4,306,577|88,4G5|1,430,551|5,825,533|5,536,604|
||||||6,259,850|140,925|3,632,410|10,033,185|9,123,002|
|||||||||2022|2021|
|Total resources|expended|are stated after|||charging/|||||
|(crediting):||||||||||
|Directors'
remuneration||||||||275,164|285,440|
|Auditors'
remuneration||||||||11,500|11,500|
|Depreciation||||||||134,624|IG0,689|
|Amortisation||||||||6,301||
|(Profit)/ loss on sa!eoffixed|||assets|||||(35,458)|42|
|Government
grants re: Covid-19|||||||||(35,679)|
|Amounts
payable|under operating|||leases||||135,466|64,150|
##
|StaffCosts|||||||
|---|---|---|---|---|---|---|
|||||2022||2021|
|Wages and salaries||||5,363,831||5,133,066|
|Social security costs||||520,|198|476,909|
|Pension costs||||375,821||349,722|
|||||6,259,850||5,959,697|
|The average number ofemployees,||analysed by function was:||2022||2021|
|||||No||No|
|Trust activities|||||58|57|
|Fundraising
and publicity|||||8|8|
|Management
and administration|||||9|9|
|Subsidiary
trading company|||||110|101|
||||||185|175|
|The above average number ofemployees|||comprise||||
|Warwickshire
Wildlife Trust|||||75|74|
|Middlemarch
Environmental|Limited||||110|101|
||||||185|175|
##
##
||Charity||Trading Company|Trading Company|Trading Company|
|---|---|---|---|---|---|
||2022|2021|2022||2021|
||No.|No.||No.|No.|
|f60,001 - f70,000||||||
|170,001 - 680,000||||||
|f.80,001 - f90,000||||||
|f.90,001 - f100,000||||||
|Q 10,001 - 5120,000||||||
|K120,001 - 1130,000||||||
|All ofthe higher paid staff except one are employed|by Middlemarch|Environinental|Ltd, the subsidiary|undertaking.|One|
|(2021:One) charity employee received remuneration|in excess of/60,000.|||||
##
|The highest paid direc|tor|received f110,345(|2021:$12|0,423) a|nd had 14,371(2021:X|5,798)added totheir pens|ion.|
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
|Pension contributions|in|respect ofthe above|employees|are||31,293|14,779|
|The number ofemployees||accruing retireinent|benefits|included|above is|||
##
##
|||||2022|2021|
|---|---|---|---|---|---|
|Current tax (charged||at 19'/o):||||
|UK Corporation|tax|adjustment|re: previous|5,030||
|year||||||
|Deferred tax||||14,328|14,806|
|||||19,358|14,806|
##
||Computer||
|---|---|---|
|Group|software|Total|
|Costs|||
|I January 2022|61,498|61,498|
|Additions|15,684|15,684|
|31 December 2022|77,182|77,182|
|Amortisation|||
|I January 2022|||
|Charge for the year|6,301|6,301|
|3i December 2022|6,301|6,301|
|Net book value|||
|31 December 2022|70,881|70,881|
|31December 2021|61,498|61,498|
##
##
||Freehold|Leasehold|Plant and|Motor||
|---|---|---|---|---|---|
|Group|Property|Property|Equipment|Vehicles|Total|
|Costs||||||
|1 January 2022|1,36S,316|923,252|677,928|310,150|3,279,646|
|Additions|||157,599||157,599|
|Disposals|||(13,454)|(193,133)|(206,587)|
|Transfers|||(1,500)|1,500||
|31 December 2022|1,368,316|923,252|820,573|118,517|3,230,658|
|Depreciation||||||
|1 January 2022||243,835|509,476|306,075|1,059,386|
|Charge for the year||10,147|118,902|5,575|134,624|
|Disposals|||(11,245)|(193,133)|(204,378)|
|31 December 2022||253,982|617,133|118,517|989,632|
|Net book value||||||
|31December 2022|1,368,316|669,270|203,440||2,241,026|
|31 December 2G21|1,368,316|679,417|168,452|4,075|2,220,260|
|Charity||||||
|Costs||||||
|1 January 2022|1,368,316|923,252|383,781|63,148|2,738,497|
|Additions|||50,282||50,282|
|Disposals|||(3,313)||(3,313)|
|31December 2022|1,368,316|923,252|430,750|63,148|2,785,466|
|Depreciation||||||
|1 January 2022||243,835|322,616|63,148|629,599|
|Charge for the year||10,147|42,373||52,520|
|Disposals|||(1,104)||(1,104)|
|31December 2022||253,982|363,885|63,148|681,015|
|Net book value||||||
|31December 2022|1,368,316|669,270|66,865||2,104,451|
|31December 2021|1,368,316|679,417|61,165||2,108,898|
##
##
|13.Investments|13.Investments|13.Investments|13.Investments||||||
|---|---|---|---|---|---|---|---|---|
|The Trust owns 100%ofthe equity ofthe||||fallowing|company:|2022||2021|
|Middlemarch
Environmental|||Limited, incorporated||in England||||
|100ordinary
shares|ofSI each|||||100||IGG|
|14.Stocks|||||||||
||||||Group||Charity||
|||||2022|2021|2022||2021|
|Goods for resale||||19,477|17,228|19,477||17,228|
|15.Debtors|||||||||
|Trade debtors||||1,309,337|1,230,457|13,823||120,411|
|Amounts
due Irom subsidiary|||||||||
|undertaking||||||458,939||565,350|
|Other debtors||||676,243|629,137|594,525||554,327|
|Prep ayments||||42,037|40,491|42,037||40,491|
|Investments:|||||||||
|Wildlife Fundraising|(Central)||Ltd||15,000|||15,000|
|Other||||47,906||47,906|||
|||||2,075,523|1,915,085|1,157,230||1,295,579|
|16.Cash at Bank and In Hand|||||||||
|COIF Charities
Deposit Fund||||4,456,951|3,621,072|4,456,951||3,621,072|
|Other bank accounts|and cash|||1,435,407|2,676,359|515,616||1,023,705|
|||||5,892,358|6,297,431|4,972,567||4,644,777|
|17.Creditors
Due Within One||Year|||||||
|Trade creditors||||305,470|269,926|246,106||195,381|
|Corporation
tax|||||||||
|Other taxation and social security||||440,764|446,068|163,099||153,472|
|Pension contributions||||40,235|37,553|40,235||37,553|
|Other creditors and accruals||||346,580|818,784|68,250||156,211|
|Deferred income||||658,68G|689,681|658,6SG||689,681|
|||||1,791,729|2,262,012|1,176,370||1,232,298|
|Deferred income represents||grants in advance on||||||2022|
|2022 projects:|||||||||
|Balance at I January||||||||689,681|
|Amounts
released to|incoming||resources|||||(211,415)|
|Amounts
deferred
in|year|||||||180,414|
|Balance at 31 December||||||||658,680|
##
##
|Provision|for Liabilities|||||||||
|---|---|---|---|---|---|---|---|---|---|
|Deferred|taxation||||Group|||Charity||
|||||2022|2021||2022||2021|
|Ba1ance|at
1 January|||19,816||5,010||||
|Profit k|loss account|||14,328||14,806||||
|Balance|at 31December|||34,144||19,816||||
|The deferred
tax liability||is made up|as follows:|||||||
|||||2022|2021||2022||2021|
|Accelerated
capital allowances||||34,144||19,816||||
|Endowme|nts|||||||||
||||||Movement|in|Resources|||
|||||Balance|||||Balance|
|||||31Dec|||||31Dec|
|||||2021|incoming||Outgoing|Transfer|2022|
|Wappenbury
Woods||||135,033|||||135,033|
|Brandon|Marsh Headquarters|||20,466|||(1,663)||18,803|
|Whitacre|Heath|||29,707|||||29,707|
|Meadows|Appeal|||30,868|||||30,868|
|Rough Hill Wood||||54,339|||||54,339|
|Cock Robin Wood||||11,182|||(46)||11,136|
|Wire Hill||||1,760|||||1,760|
|Alvecote|Pools|||49,623|||||49,623|
|Brandon|Marsh Visitor and|Education|Centre|344,729|||(5,147)||339,582|
|Parkridge|Centre|||211,444|||(3,29])||208,153|
|Radway Meadow||||70,881|||||70,881|
|Taskers Meadow||||77,379|||||77,379|
|Reserves|Tractor|||7,900|||(874)||7,026|
|Reedbed|Bird Hides|||5,100|||||5,100|
|Bubbenhall
Wood Fund||||622,718|||||622,718|
|||||1,673,129|||(11,021)||1,662,108|
##
##
##
|Restricted Income|Funds|||||||
|---|---|---|---|---|---|---|---|
|||||Movement|in Resources|||
||||Balance||||Balance|
||||31Dec||||31Dec|
||||2021|Incoming|Outgoing|Transfer|2022|
|Reserves and community||engagement||325,183|(581,184)|256,001||
|Habitat biodiversity|audit||5,007|103,533|(103,533)||5,007|
|Living landscapes||||1,609,570|(1,671,641)|62,071||
|Health and wellbeing||||207,675|(256,876)|49,201||
|Nature recovery fund appeal|||105,519|19,802|(13,406)||111,915|
|Development
Strategy||||36,104|(136,819)|100,715||
|Sensory garden|||4,583||||4,583|
|Peregrine
appeal|||4,345||||4,345|
|Badger vaccination|appeal||4,407||||4,407|
|Hedgehog
campaign|appeal||23,710||||23,710|
|Landfill appeal|||3,677||||3,677|
|Reserves appeal|||6,453||||6,453|
||||157,701|2,301,867|(2,763,459)|467,988|164,097|
##
|Designated
|Funds|||||||
|---|---|---|---|---|---|---|---|
|||||Movement|in Resources|||
||||Balance||||Balance|
||||31 Dec||||31Dec|
||||2021|Incoming|Outgoing|Transfer|2022|
|Charity Projects Fund|||1,010,649||(815,923)|815,923|1.010,649|
|Nature Recovery Fund|||2,519,000|||23,000|2,542,000|
|Infrastructure|investment|Fund|275,581|||224,419|500,000|
|Contingency|Fund||730,000||||730,000|
||||4,535,230||(815,923)|1,063,342|4,782,649|
##
##
|||||Movement|in Resources|||
|---|---|---|---|---|---|---|---|
||||Balance||||Balance|
||||31Dec||||31Dec|
||||2021|Incoming|Outgoing|Transfer|2022|
|Unrestricted|fund||468,224|1,670,956|(617,249)|(1,053,330)|468,601|
|Non charitable||fund|1,395,390|6,304,080|(5,&25,533)|(478,000)|1,395,937|
||||1,863,614|7,975,036|(6,442,782)|(1,531,330)|1,864,538|
##
|||||Net||
|---|---|---|---|---|---|
||||Tangible|Current||
||||Fixed Assets|Assets and|Total|
|||||provisions||
|Endowments|||1,662,10S||1,662,108|
|Restricted|funds|||164,097|164,097|
|Designated|funds|||4,782,649|4,782,649|
|Unrestricted||funds:||||
|Charitable|||442,343|26,258|468,601|
|Non-charitable||trading|207,456|1,188,481|1,395,937|
||||649,799|1,214,739|1,864,538|
|Total|||2,311,907|6,161,485|8,473,392|
##
|||Group|||Charity||
|---|---|---|---|---|---|---|
|||2022|2021|2022||2021|
|Land and buildings:|||||||
|Expiring within one year||27,000|42,167||||
|Expiring between|two and five years||27,000||||
|||27,000|69,167||||
|Other equipment:|||||||
|Expiring within one year||93,299|93,299||||
|Expiring between|two and five years|75,915|169,214||||
|||169,214|262,513||||
##
##
##
##
##
|to these fmancia|l
statements.|l
statements.|l
statements.|||||||
|---|---|---|---|---|---|---|---|---|---|
|30.Reconciliation|ofnet movement|||in funds to net cash flow from operating
activities||||||
|||||||Group||Charity||
||||||2022|2021|2022||2021|
||||||K|||||
|Net movement|in funds||||243,718|1,066,681|249,853||1,064,697|
|Add back tax charged|||||19,358|14,806||||
|Deduct amortisation
ofendowments|||||||(11,021)||(14,824)|
|Add back depreciation||charge|||140,925|100,689|52,520||50,369|
|Deduct interest|income|shown|in|investing||||||
|activities|||||(47,849)|(971)|(47,849)||(971)|
|Deduct donation|in kind|||||(40,000)|||(40,000)|
|(Profit)/ loss on|safe of|fixed assets|||(35,458)|42|2,209|||
|Increase in stock|||||(2,249)|(5,676)|(2,249)||(5,676)|
|(Increase)/ decrease in debtors|||||(160,438)|(249,577)|142,688||(80,795)|
|(Decrease)/ increase in||creditors|||(470,283)|405,408|(55,928)||121,896|
|Net cash (used|in)/ provided||by|operating|(312,276)|1,291,402|330,223||1,094,696|
|activities||||||||||