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|||Page|
|---|---|---|
|Trustees'
Report
—Report from|the Chair||
|Trustees'
Report|||
|Independent
Auditor's
Report||22|
|Group Statement
of Financial|Activities|26|
|Balance Sheets||27|
|Statement
of Consolidated
Cash Flows||28|
|Notes to the Group Accounts||29|
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|||||Note|Unrestricted|Restricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
||||||Funds|Funds|Funds|Year ended|Year ended|
|||||||||31 March|31 March|
|||||||||2022|2021|
||||||||||(As|
||||||||||restated)|
|Income||||||||||
|Donations
and legacies|||||1,923,199|573,063||2,496,262|2,528,057|
|Charitable
activities|||||1,179,798|1,599,723||2,779,521|2,421,839|
|Other trading activities||||||||||
|Commercial
trading|operations||||407,363|||407,363|350,946|
|Investment
income|||||8,603|4,142||12,745|8,796|
|Other income|||||70,980|6,314||77,294|195,336|
|Total income|||||3,589,943|2,183,242||5,773,185|5,504,974|
|Expenditure||||||||||
|Costs ofraising funds||||||||||
|Fundraising
and membership||||7a|478,582|||478,582|394,968|
|Commercial
trading|operations|||4|331,188|||331,188|307,998|
|Charitable
activities||||7b|2,517,880|1,823,532|5,212|4,346,624|3,676,266|
|Total expenditure|||||3,327,650|1,823,532|5,212|5,156,394|4,379,192|
|Net gains I(losses)|on|||||||||
|investments|||||35,234|||30,583|58,366|
|Net income/(expenditure)|||for|||||||
|the year before transfers|||||297,527|359,710|(9,863)|647,374|1,184,148|
|Transfers
between|funds|||||||||
|Net movement
in funds|||||297,527|359,710|(9,863)|647,374|1,184,148|
|Fund balances
brought||forward|||5,260,566|3,884,485|1,258,093|10,403,144|9,218,996|
|Total funds carried forward|||||5,558,093|4,244,195|1,248,230|11,050,518|10,403,144|
##
##
||||||Group||Charity||
|---|---|---|---|---|---|---|---|---|
||||||2022|2021|2022|2021|
|||||||(As|||
|||||||restated)|||
|||||Note|||||
|Fixed assets|||||||||
|Tangible
fixed assets||||11|2,497,833|2,298,686|2,493,882|2,294,735|
|Heritage assets||||12|4,377,677|3,816,476|4,377,677|3,816,476|
|Investments||||13|1,347,621|718,350|1,347,921|718,650|
||||||8,223,131|6,833,512|8,219,480|6,829,861|
|Current assets|||||||||
|Stocks|||||3,000|14,208|3,000|3,000|
|Debtors||||14|1,222,286|1,304,823|1,175,396|1,233,374|
|Cash at bank and||in|hand||2,341,945|2,983,048|2,263,166|2,960,159|
||||||3,567,231|4,302,079|3,441,562|4,196,533|
|Creditors:|amounts||falling due||||||
|within one|year|||15|739,844|732,447|(678,187)|(684,279)|
|Net current|assets||||2,827,387|3,569,632|2,763,375|3,512,254|
|Net assets|||||11,050,518|10,403,144|10,982,855|10,342,115|
|Endowment|funds|||16|1,248,230|1,258,093|1,248,230|1,258,093|
|Restricted funds||||18|4,244,195|3,884,485|4,244,195|3,884,485|
|Unrestricted|funds:||||||||
|—Designated||||20|798,158|869,207|798,158|869,207|
|- Free reserves||||20|801,205|1,124,657|737,493|1,063,330|
|—Fixed asset reserves||||20|3,958,730|3,266,702|3,954,779|3,267,000|
|Total funds|||||11,050,518|10,403,144|10,982,855|10,342,115|
##
##
##
|||2022|2021|
|---|---|---|---|
||Note|||
|Cash provided
by operating
activities|26|861,680|1,148,176|
|Cash flows from investing
activities||||
|Dividends,
interest
and income from
investments||4,634|8,796|
|Purchase
of tangible
fixed assets||(973,917)|(316,750)|
|Proceeds on disposal
of tangible
fixed assets||66,400||
|Purchase
of investments||(600,000)|(424,238)|
|Proceeds on disposal
of investments||100|20,802|
|Cash used
in investing
activities||(1,502,783)|(711,390)|
|Increase
in cash and cash||||
|equivalents
in the year||(641,103)|436,786|
|Cash and cash equivalents
at the beginning||||
|of the year||2,983,048|2,546,262|
|Cash and cash equivalents
at the end of||||
|the year||2,341,945|2,983,048|
##
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##
##
##
|Freehold
property|-2%ofcost||
|---|---|---|
|Motor vehicles|—25% of reducing|balance|
|Computer
equipment|-33.3%ofcost||
|Improvements
to property|- 2 to 20% ofcost||
|Other equipment|-25%of cost||
|Freehold
land is not depreciated.|||
##
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##
||||Unrestricted|Restricted|Total Funds|Total Funds|
|---|---|---|---|---|---|---|
||||Funds|Funds|2022|2021|
|||||P.|||
|Subscriptions||and related donations|1,382,060||1,382,060|1,278,788|
|Gifts and|donations||82,748|538,136|620,884|445,320|
|Charitable|trusts||17,543||17,543|12,690|
|Local group||income|1,324||1,324|1,092|
|Legacies|||430,694|30,627|461,321|788,162|
|Corporate|donations||8,830|4,300|13,130|2,005|
||||1,923,199|573,063|2,496,262|2,528,057|
##
|||Unrestricted|Restricted|Total Funds|Total Funds|
|---|---|---|---|---|---|
|||Funds|Funds|2022|2021|
||||'Z|||
|Grants||54,288|1,062,647|1,116,935|1,163,762|
|Lottery|||291,856|291,856|368,489|
|Charitable|trusts||175,799|175,799|98,454|
|Landfill tax|credits||51,793|51„793|62,911|
|Commercial|income|1,125,510|17,628|1,143,138|728,223|
|||1,179,798|1,599,723|2,779,521|2,421,839|
##
##
||||||2022|2021|
|---|---|---|---|---|---|---|
|Turnover|||||||
|Ecological consultancy|&advisory|(Devon|Wildlife Enterprises|Ltd)|379,819|256,323|
|Seaton Jurassic (Devon|Wildlife Services||Ltd)||27,544|94,623|
||||||407,363|350,946|
|Expenses||||||F|
|Ecological consultancy|& advisory|(Devon|Wildlife Enterprises|Ltd)|279,279|210,103|
|Seaton Jurassic (Devon|Wildlife Services||Ltd)||51,909|97,895|
||||||331,188|307,998|
##
|||||Unrestricted|Restricted|Total|Funds|
|---|---|---|---|---|---|---|---|
|||||Funds|Funds|2022|2021|
|||||P||||
|Bank,|building|society|and other interest|492|1,492|1,984|1,196|
|Fixed|asset investment||income|8,111|2,650|10,761|7,600|
|||||8,603|4,142|I2,745|8,796|
##
|Other|income|||||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted||Total Funds|
|||||Funds|Funds|2022|2021|
|Profit|on disposal|of tangible|fixed assets|55,320||55,320||
|Other|Income|||15,660|6,314|21,974|195,336|
|||||70,980|6,314|77,294|195,336|
##
##
|(a)Costs of raising voluntary
income —fundraising
and|membership||
|---|---|---|
||2022|2021|
|Personnel
costs|441,259|307,809|
|Materials
and equipment|9,500|15,508|
|Vehicle and travel expenses|787|737|
|Property expenses|3,449|3,276|
|Office expenses|7,522|43,485|
|Depreciation|15,685|7,732|
|Other costs|380|16,421|
||478,582|394,968|
|(b)Costs ofcharitable activities|||||
|---|---|---|---|---|
||Charitable|Support|Total|Total|
||Activities|costs|2022|2021|
|||||(As restated)|
|||||P|
|Personnel costs|3,253,103|126,175|3,379,278|2,824,749|
|Materials and equipment|157,551|9,258|166,809|206,806|
|Vehicle and travel expenses|85,722|2,677|88,399|71,852|
|Property expenses|94,030|14,658|108,688|97,994|
|Office expenses|125,667|22,312|147,979|194,973|
|Depreciation|173,247|13,556|186,803|170,615|
|Other costs|234,747|299|235,046|76,100|
|Governance
costs|25,792|7,830|33,622|33,137|
||4,149,859|196,765|4,346,624|3,676,226|
##
|(c) Gover|nance costs|||
|---|---|---|---|
|||2022|2021|
||||F|
|Personnel|costs|28,372|27,814|
|Materials|and equipment|||
|Vehicle and travel expenses||296||
|Office expenses||4,954|5,322|
|||33,622|33,137|
##
|Y|
ear ended 31 March 2022|||
|---|---|---|---|
|8|Total resources used —other information|2022|2021|
||(a) Total expenditure
includes:|||
||Auditor's
fees for the audit ofthese accounts
Auditor's fees —other services
Operating
lease expense|17,700
3,120
53,589|15,642
4,500
96,312|
||(b) Personnel costs|||
||Wages and salaries
Social security costs
Other pension costs
Recruitment|2,505,265
218,412
122,903
9,929|2,342,670
190,712
115,129
6,101|
||Total staff costs|2,856,509|2,654,612|
||Contractors
and consultants
Training
and development
Volunteer costs|1,019„030
34,555
3,349|742,965
21,913
982|
|||3,913,443|3,420,472|
##
##
|(c)
The average number of|employees,
by function,|was:||
|---|---|---|---|
|||2022|2021|
|Land Management
Landscape Scale Conservation
8 Projects
Conservation
Advocacy
Education
Devon Biodiversity
Records Centre (DBRC)
DWE (Ecological Consultancy)
DWS (Seaton Jurassic)
Fundraising
Membership
Resources
Directorate
Wilder Communities
(including
communications)
Finance||11
17
6
5
8
6
1
3
3
8
5
7
4|12
20
5
5
6
5
4
3
4
10
4
4
4|
|||84|86|
##
##
##
##
|11Tangible fixed assets|Freehold|Improve-|Equipment,|||
|---|---|---|---|---|---|
|(a) Group|land &|ments to|fixtures
&|Motor||
||property|property|fittings|Vehicles|Total|
|Cost||||||
|Balance at 1 April 2021|2,207,241|1,574,509|1,295,102|395,497|5,472,349|
|Additions|161,700|101,166|130,225|19,625|412,716|
|Disposals||(273,982)|(688,048)|(97,708)|(1,059,738)|
|Balance at 31 March 2022|2,368,941|1,401,693|737,279|317,414|4,825„327|
|Accumulated
depreciation||||||
|Balance at 1 April 2021|624,564|1,079,267|1,167,047|302,785|3,173,663|
|Charge for the year|61,461|53,942|62,350|24,736|202,489|
|Disposals||(273,982)|(688,048)|(86,628)|(1,048,658)|
|Balance at 31 March 2022|686,025|859,227|541,349|240,893|2,327,494|
|Net book value at 31 March 2022|1,682,916|542,466|195,930|76,521|2,497,833|
|Net book value at 31 March 2021|1,582,677|495,242|128,055|92,712|2,298,686|
|(b) Charity|Freehold|Improve- Equipment,||||
||land &|ments to|fixtures
&|Motor||
||property|property|fittings|Vehicles|Total|
|Cost||||||
|Balance at 1 April 2021|2,203,290|1,574,509|1,283,449|395,497|5,456,745|
|Additions|161,700|101,166|130,225|19,625|412,716|
|Disposals||(273,982)|(688,048)|(97,708)|(1,059,738)|
|Balance at 31 March 2022|2,364,990|1,401,693|725,626|317,414|4,809,723|
|Accumulated
depreciation||||||
|Balance at 1 April 2021|624,564|1,079,267|1,155,394|302,785|3,162,010|
|Charge for the year|61,461|53,942|62,350|24,736|202,489|
|Disposals||(273,982)|(688,048)|(86,628)|(1,048,658)|
|Balance at 31 March 2022|686,025|859,227|529,696|240,893|2,315,841|
|Net book value at 31 March 2022|1,678,965|542,466|195,930|76,521|2,493,882|
|Net book value at 31 March 2021|1,578,726|495,242|128,055|92,712|2,294,735|
##
##
|summarise|d
as follows:|d
as follows:|
y|
|---|---|---|---|
|Cost at 1
Additions|April 2012
at cost - 2013
-2014||2,007,303
1,110,868
229,044|
|||-2015
—2016|60,934
215,179|
|||-2017|48,724|
|||-2018||
|||-2019||
|||—2020|74,926|
|||- 2021|69,498|
|||-2022|561,201|
|Cost at 31 March 2022|||4,377,677|
##
|Investment
in subsidiary
undertakings|||
|---|---|---|
|||Charity|
||Subsidiary|Total|
||Undertakings||
|Cost|||
|Balance at 1 April 2021|25,300|25,300|
|Balance at 31 March 2022|25,300|25,300|
|Impairment|||
|Balance at 1 April 2021|25,000|25,000|
|Balance at 31 March 2022|25,000|25,000|
|Net book value at 31 March 2022|300|300|
|Net book value at 31 March 2021|300|300|
##
##
||Listed investments|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Group|and|Charity|
||||||||||2022||2021|
||Market value at 1 April||||||||718,350||260,502|
||Capital Invested||||||||600,000||424,238|
||Disposals
Realised gain
/ (loss) on investments||||||||(100)
6,203||(20,802)
1,869|
||Unrealised
gain/ (loss) on investments
Portfolio management
fees charged
against
Income retained
in investments
and accrued|||investments
interest|||||24,380
(9,323)
8,111||56,497
(4,008)
54|
||Market value at 31 March||||||||1,347,621||718,350|
||Historical cost at 31 March||||||||1,159,973||226,053|
||The closing carrying
value offixed assetinvestments|||||is|analysed|||||
||between
different asset types as follows:|||||||||||
||||||||||2022||2021|
||Investment
and unit trusts: UK -|market|value||||||1,347,621||718,350|
||Investments
in subsidiary
undertakings||—cost||||||300||300|
||Net book value of the charity's|investments|||at 31|March|||1,347,921||718,650|
||See note 25 for further details of|the subsidiary|||undertakings.|||||||
|14|Debtors||||||Group|||Charity||
||||||2022|||2021|2022||2021|
||||||||(As|restated)||||
||||||||||||E|
||Trade debtors||||925,614|||899,446|872,097||807,068|
||Amounts
owed by subsidiary
undertakings
Other debtors and prepayments||||296,672|||405,377|16,382
286,917||27,014
399,292|
|||||1,222,286||||1,304,823|1,175,396|1,233,374||
|Ye|ar ended 31 March 2|ar ended 31 March 2|022|||||
|---|---|---|---|---|---|---|---|
|15|Creditors —amounts||falling due|||||
||within one year||||Group||Charity|
|||||2022|2021|2022|2021|
||||||||F|
||Trade creditors|||289,684|160,802|277,334|149,749|
||Income received|in advance||162,984|217,502|162,984|217,502|
||Other creditors and accruals|||287,176|354,143|237,869|317,028|
|||||739,844|732,447|678,187|684,279|
||||||739,844|739,844|732,447
678,187|684,279|
|---|---|---|---|---|---|---|---|---|
|Income|received|in advance|(deferred||income) comprises||grant income which relates to the||
|following|financial|year.|||||||
|Balance|at 1 April|2021||||||217,052|
|Amount|released|to income|earned|from charitable||activities||(220,102)|
|Amount|deferred|in year||||||166,034|
|Balance|at 31 March 2022|||||||162,984|
##
||||Balance at|Income|||Balance at|
|---|---|---|---|---|---|---|---|
|||1|April 2021|and gains|Expenditure|Transfers|31 March 2022|
|||||F|||F|
|Permanent||||||||
|Hawkswood|||55,868|(3,976)|||51,892|
|Woodah|Farm||587,800||(4,600)||583,200|
|Expendable||||||||
|Marsland|||614,425|(675)|(612)||613,138|
||||1,258,093|(4,651)|(5,212)||1,248,230|
|17|Endowment|Funds|prior|year|comparative
—Group and Charity|comparative
—Group and Charity|comparative
—Group and Charity|||
|---|---|---|---|---|---|---|---|---|---|
||||||Balance at|Income|||Balance at|
||||||1 April 2020|and gains|Expenditure|Transfers|31 March 2021|
||Permanent|||||||||
||Hawkswood||||56,399|(771)|||55,868|
||Woodah
Farm||||587,800||(4,600)||587,800|
||Expendable|||||||||
||Marsland||||597,863|21,416|(4,854)||614,425|
||||||1,246,902|20,645|(9,454)||1,258,093|
|Notes to the group accounts (continue
Year ended 31 March 2022|Notes to the group accounts (continue
Year ended 31 March 2022|Notes to the group accounts (continue
Year ended 31 March 2022|d)||||||
|---|---|---|---|---|---|---|---|---|
|18.Restricted
Funds —Group and Charity|||||||||
||||Balance at|||||Balance at|
||||1 April 2021||Income|Expenditure|Transfers|31 March 2022|
|||||||P.|||
|Advocacy and Development|||351,495||294,029|(348,799)||296,725|
|Andrews
Wood|||55,855|||||55,855|
|Believer Moor and Meadows|||1,500|||||1,500|
|Believer Suez Communities|Trust||24|||(24)|||
|Bridgend Water Meadows|||||71,385|||71,385|
|Bystock Pools|||207,632|||||207,632|
|Capital - Vehicles|||4,385|||(1,316)||3,069|
|Cricklepit —Hydro Turbine|||35,000|||(4,376)||30,624|
|Communications|||36,147||9,888|(9,888)|(36,147)||
|Dartmoor
Nature Reserves|—Capital||6,509|||(162)||6,347|
|Devon Biodiversity
Records|Centre||77,669||8,500|(54,561)||31,608|
|Dodd Brook|||69,500|||||69,500|
|Discover Nature
(Formerly|Education||||||||
|and Engagement)|||30,282||209,452|(145,657)||94,077|
|Education
and Engagement|- Capital||11,808|||(4,407)||7,401|
|Facilities Capital|||||5,866|(1,173)||4,693|
|Grants and Major Giving|||452,812||2,627||(271,000)|184,439|
|Greater Horseshoe
Bat Project|||2,661|||(662)|60|2,059|
|Headon
Farm - GrantScape|||53,125|||||53,125|
|Headon
Farm - Viridor Credits|||220,000|||||220,000|
|Holwell|||356,506|||||356,506|
|Horsey
Island|||5,000|||||5,000|
|Lower East Lounston|||74,150|||||74,150|
|Land Management|||124,129||38,607|(294,685)|273,718|141,769|
|Magnificent
Mires - Capital|||947|||(568)||379|
|Marsland
Fund|||191,986|||(1,248)||190,738|
|Marsland
Land Rover|||2,814|||(634)||2,180|
|Meeth Quarry
- Viridor Credits|||673,765|||||673,765|
|Meeth Quarry —Natural
England|||33,167|||(511)||32,656|
|New England Wood-|||||||||
|Viridor Credits|||41,000|||||41,000|
|NDNIA|||40,049||441,211|(438,847)||42,413|
|North
Devon Natural
Solutions|||||108,984|(114,110)|11,283|6,157|
|Other Land Advisory|||||15,581|(25,272)|12,086|2,395|
|Riggles Farm|||||161,700|||161,700|
|ROBT - Capital|||21,356|||(4,906)||16,450|
|ROBT - Revenue|||22,258||230,378|(161,775)||90,861|
|Southills|||||28,000|||28,000|
|Speccott Moor|||||401,818|||401,818|
|Upcott Barton|||||60,000|||60,000|
|Valley Parks|||354,035||51,918|(98,317)||307,636|
|Visitor Assets|||3,458|||(1,180)||2,278|
|Wild Futures
- Capital|||300|||(68)||232|
|Wilder Communities
(Volunteering)|||62,691||43,298|(91,252)|10,000|24,737|
|Woodah
Farm —Taylor Memorial||Trust|145,546|||(12,294)||133,252|
|Woodah —Phoebe Wortley-Talbot|||||||||
|Charitable
Trust|||110,786|||(5,020)||105,766|
|Working
Wetlands —Capital|||702|||(453)||249|
|Working
Wetlands —Biffa Award|||3,436|||(1,367)||2,069|
||||3,884,485|2,|I83,242|(1,823,532)||4,244,195|
##
|18
Restricted|18
Restricted|18
Restricted|Funds:|Revenue —Group and Charity|
|---|---|---|---|---|
|Fund||||Fund Descri
tion|
|||||Funds to support conservation
initiatives
including
Catchment
Partnerships
in East|
|||||and North
Devon (Environment
Agency and Westcountry
Rivers Trust); health
and|
|||||wellbeing
projects
with
Sport
England
Lottery
Funding
via Active
Devon
and|
|||||donations,
EDP Drug
& Alcohol Services, and the Local Nature
Partnership.
EU|
|||||Urban
Innovative
Actions for the Green
Minds Project in Plymouth;
funding
for the|
|||||Nature
Recovery
Network
(from various
local county and district councils,
AONBs|
|||||and
Exmoor
National
Park
Authority),
and
Ottery
St
Mary
Natural
Flood|
|||||Management
work supported
by Environment
Agency and Devon County
Council.|
|||||Funding
for a feasibility
project
for pine
marten
re-introduction
by a corporate|
|||||supporter
(Turnstyle
Designs)
and
appeal
income,
and
advance
funding
from|
|Advocacy
and
Development||||Forestry England
carried forward
for species recovery programmes.
Natural
Flood
Management
work
funded
by Devon
County
Council,
as part of the Flood and
Coastal
Resilience
and
Innovation
Programme
being
funded
by
Environment|
|||||Agency
via Devon
County
Council.
Soils and Water Video
is included
to which|
|||||de reciation
is a
lied.|
|||||Caen
Wetlands:
Funding
in
advance
from
Esmee
Fairbairn
Foundation
for|
|||||feasibility
work into a 'green finance' scheme for a wetland
site adjacent to Horsey|
|||||Island that DWT
urchased
this
ear.|
|||||Saving
Devon's
Treescapes:
Funding
from
National
Lottery
Heritage
Fund,|
|||||Woodland
Trust, Turnstyle
Designs,
local authorities
and AONBs; and One Tree|
|||||Planted for develo
ment ofa
ro'ect to address ash dieback disease across Devon.|
|||||Naturalising
Exeter's Waterways:
Feasibility stage, funded
by Environment
Agency|
|||||and Devon Count
Council.|
|Andrew's|Wood|||Relates to the purchase
of Wizaller Wood, an extension to Andrew's
Wood NR, part|
|||||funded
b
the National
Lotter
Herita
e Fund.|
|Believer Moor||and||Relates to provision
for the replacement
of a bench on the site.|
|Meadows|||||
|Believer Moor||and||illustrated
Log Bench at Believer Moor and Meadows
reserve.|
|Meadows|—Suez||||
|Communities||Trust|||
|Bridgend|Water|||Land purchased
through
very generous
donations.|
|Meadows|||||
|Bystock Pools||||Relates to the purchase
of the lease of Bystock Pools nature
reserve thanks
to an|
|||||a
eal, ma'or donor, and communit
su
ort.|
|Ca
ital —Vehicles||||Tractors and
uad bikes
urchased
with income from restricted ca
ital
rants|
|Cricklepit|—Hydro|||Hydro turbine
installed
at Cricklepit
Mill in 2010, supported
by a range of funders.|
|Turbine|||||
|Communications||||Funding
from
Strategic
Development
Fund
at RSWT for the Action
for Insects|
|||||campaign,
and appeal income to be applied to projects
in 2021/22.
A Locality grant|
|||||from
Devon
County
Council
councillors
and
new interpretation
panels
at Horsey|
|||||Island
(carried
forward
from
2021/22)
and
transferred
to
Land
Management|
|||||restricted
fund.|
|Dartmoor|Nature|||Relating
to work to improve
habitat
and
public access on key Dartmoor
nature|
|Reserves|—Capital|||reserves
thanks
to a generous
legacy and
Natural
England
through
Countryside|
|||||Stewardshi
Hi
her Tier scheme.|
|Devon Biodiversity||||Funds to support
the Ancient Woodlands
Inventory
project from Woodland
Trust,|
|Records Centre||||CPRE, Exmoor National
Trust, Exeter Cit
Council and Devon Count
Council.|
|Dodd Brook||||Gift of Land —southern
side ofthe Tei
n Estuar
near Coombe Cellars|
|Discover|Nature|||Funds
to support
work
with
children
and communities:
Nature
Friendly
Schools|
|(formerly|Education||and|(Defra, Department
for Education
and Natural
England),
Wembury
Marine
Centre|
|Engagement||||and
Marine
Wildlife
Champions
(South West Water,
Plymouth
University,
local|
|||||authority
partners,
CPRE Devon,
Exmoor
NPA,
Active
Devon,
Wembury
Parish|
|||||Council, and other donations),
and South Devon Wildlife Champions
(South Devon|
|||||Nature Trust, EDUTECHWYSE
Ltd and donations).
We were supported
again this|
|||||year by People's Postcode
Lottery via RSWT to deliver outdoor
learning
sessions|
##
|||across Exeter, through
primary
and secondary
schools,
and a variety
of groups
includin
re-schools,
outh
rou s, scouts, holida
clubs and after-school
clubs.|
|---|---|---|
|Discover Nature||Capital
items were purchased
for outdoor
education
work with children
in Exeter|
|formerly
Education
and
Engagement
—Capital||and a new outdoor classroom
canopy constructed
at Meeth Quarry,
funded
by the
players
of the People's Postcode
Lottery via RSWT and a Devon County
Council
Locality grant.
Refurbishment
works at Wembury
Marine Centre funded
by National
Lotter
Herita
e Fund.|
|Facilities —Capital||Grant delivered
through
Royal Society of Wildlife Trusts to help replace the boiler in|
|||line with workin
towards
our Carbon Zero strate|
|Grants and Major Giving||A restricted
Legacy was confirmed
during
this year relating to the purchase
of land
of ecological
significance.
Drawdown
of funds
contributed
to the purchase
of
S eccott Moor|
|Greater Horseshoe
Pro'ect|Bat|Bat appeal money to support
ongoing costs of web hosting
and bat camera stream
after
ro'ect corn
letion.|
|Headon Farm-
GrantSca
e||Relates to the purchase
of part of Headon
Farm (Dunsdon
NNR extension)
in 2011,
financed
b
GrantSca
e via the Landfill Communities
Fund.|
|Headon
Farm —Viridor
Credits||Relates to the purchase
of land at Headon
Farm (Dunsdon
NNR extension),
part
funded
b
Viridor Credits via the Landfill Communities
Fund.|
|Holwell||Relates to the acquisition
of land
at Holwell
Farm
(Emsworthy
Mire NR), partly
funded
throu
h Natural
En land.|
|Horse
Island||Individual
ma'or donor relates to the ac uisition
of Horse
Island|
|Land Management||A range offunds to support
work on DWT nature reserves: Basic Payment
Scheme
and
Environmental
/ Countryside
Stewardship
grants
provided
through
the Rural|
|||Payments
Agency
and
Local
Authority
Grants.
The
Phoebe
Wortley-Talbot
Charitable
Trust supports
the long-term
volunteers
programme
at Woodah
Farm.|
|||Funds carried forward
from the previous
year supported
an interpretation
project at
Emsworthy
Mire. Biffa Award funded a project to improve
habitats
for invertebrates|
|||on our South Devon and Dartmoor reserves.
A Devon County Council Locality grant
(carried
forward
from 2021/2022)
provided
funds
towards
a new boardwalk
and|
|||steps at Uppacott Wood.
Siemens
Mobility funded
biodiversity
net gain (on behalf
of Network
Rail) for grassland
restoration
at Higher
Kiln Quarry.
People's Postcode
Lottery via RSWT funded the 'Wilder Woodah' project to trial nature-based
solutions|
|||to climate impacts.
Our nature reserves
work has also continued
to benefit from a|
|||range of charitable
trusts, major donors, and income from appeals.
Includes capital
items to which de
reciation
is a
lied.|
|Lower East Lounston||Relates
to funding
from
donors
for the
acquisition
of Lower
East
Lounston|
|||extension.|
|Magnificent
Mires-
Capital||Relating
to the
capital
costs of interpretation
equipment
and
features
for the
Magnificent
Mires project supported
by National
Heritage
Lottery
Fund,
Dartmoor|
|||National
Park Authorit,
Duch
of Cornwall
and Dartmoor
Preservation
Association.|
|Marsland
Fund||Funds for the
ur ose of conservin
the Marsland
nature reserve.|
|Marsland
Land Rover||Purchase
of a new Land Rover for Marsland
nature reserve|
|Meeth Quarry
—Viridor
Credits||Relates to the acquisition
of Meeth Quarry
nature reserve with the support of Viridor
Credits via the Landfill
Communities
Fund.
Viridor Credits
holds a charge against
this land.|
|Meeth Quarry —Natural
En
land||Relates
to capital
work to turn
Meeth
Quarry
into a nature
reserve,
funded
by
Natural
En
land.|
|Meeth Quarry —Devon
Waste Management||Relates
to
building
improvements
at
the
reserve
funded
by
Devon
Waste
Management
(now Coastal Recycling) through
the Landfill Communities
Fund.|
|DWM|||
|New England Wood-
Viridor Credits||Relates to the purchase
of New England
Wood with the support
of Viridor Credits
via the Landfill Communities
Fund and Banister Charitable
Trust.|
|Northern
Devon Nature||A range ofprojects focused on improving
the natural
environment
of northern
Devon|
|Improvement
Area
(NDNIA)||and
engaging
communities
in its care. Supported
by the
Environment
Agency;
European
Agricultural
Fund
for Rural
Development
(RDPE Water
Environment|
|||Grant);
Devon
County
Council;
EU
Interreg
Two Seas
Programme;
Natural
England's
Countryside
Stewardship
Facilitation
Fund,
and
other
donations.|
|||Com
uter e
ui
ment
urchased
for the Torridge
River Restoration
Pro'ect.|
|||44|
##
|Northern|Northern|Devon Natural|Devon Natural|A multi-year
project focused
on
increasing
water
quality,
improving
flood
risk|
|---|---|---|---|---|
|Solutions||(NDNS)||management,
increasing
biodiversity
and meeting
carbon targets across northern|
|||||Devon.
Supported
by the Environment
Agency, appeal income (carried forward for|
|||||use in future years of the project), Devon County
Council,
Devon County
Council|
|||||Natural
Ca
ital Challen
e Fund, a charitable
trust and donations.|
|Other|Land Advisory|||Wider advisory
work
in the Avon Valley is supported
by South Devon Nature Trust,|
|||||several ma'or donors, a
eal income and a cor orate su
orter.|
|Ri
les Farm||||A
enerous
donation
of land to su
ort our conservation
strate|
|River|Otter||Beaver Trial|Pulsar Axion Key Thermal
Imaging
Camera and a Mitsubishi
L200|
|—Ca|ital||ROBT||
|River|Otter||Beaver Trial|Funding to support the River Otter Beaver Trial from Defra, RSWT, Natural
England,|
|—Revenue|||(ROBT)|Lister Charitable
Trust, appeals,
donations,
and corporate
support.
Funding
also|
|||||from South West Water,
Devon
Environment
Foundation,
The Benindi
Fund
and|
|||||donations
to support the River Tamar Beaver Project. Advance funding
from Esmee|
|||||Fairbairn
Foundation
carried
forward
for use from 2022/23. Beaver reintroduction|
|||||suitability
mapping
project funded
by various
individual
Wildlife Trusts, and RSWT.|
|||||A part of the River Otter Beaver Trial forms part ofthe Flood and Coastal Resilience|
|||||and Innovation
Programme
being funded
by Environment
Agency via Devon County|
|||||Council.|
|Southills||||A
iece of land
enerousl
donated
throu
h a
ift in will|
|Speccott||Moor||This piece of land was purchased
through
a number
of very generous
donations|
|||||and appeal
income,
in addition
to drawdown
of a gift in will received the previous|
|||||financial
ear|
|U cott Barton||||A
iece of land
enerousl
ifted|
|Valley|Parks|||Maintenance
of the Valley Parks supported
by Exeter City Council; Basic Payment|
|||||Scheme
and
Environmental
Stewardship
grants
through
the
Rural
Payments|
|||||Agency, and The Foxglove Trust; and Viridor Credits and other donations
providing|
|||||for funding
for a project to improve fences, hedgerows
and wildflower
meadows
at|
|||||Mincin
lake Valle
Park.|
|Wilder|Communities|||Conservation
Communities:
Funding
received
in advance
from
National
Lottery|
|(formally||known as||Heritage
Fund for a project to bring people together to discover and protect wildlife|
|Volunteering)||||in eleven
adjoining
parishes
along the banks
of Devon's
River Torridge.
West|
|||||Devon Borough
Council and Devon County Council also funded the project.|
|||||Volunteering:
Donations
towards
training
ofvolunteers.|
|||||Team Wilder: People's
Postcode
Lottery
money
received
and carried
forward
for|
|||||use in 2022/23 to engage and empower
people to act for natures'
recovery.|
|||||Wilder
Communities:
Donations
received
to help towards
engaging
people
and|
|||||communities
and
giving
them
the tools to act for wildlife
and
nature
recovery.|
|||||Appeal income carried forward for use in future years towards the project's aims.|
|||||Wild
Paths:
training
bursaries
and
associated
materials
for project
funded
by|
|||||National
Lotter
Herita e Fund and led b
Dorset Wildlife Trust.|
|Visitor|Assets|||Tesco Bags
of
Help
Centenary
grant
(via
Groundwork)
for Seaton
Jurassic|
|||||Communit
Hub to install a
liosaur model as
la
feature on the cafe terrace.|
|Wild Futures —Capital||||Relates to a vehicle purchased
for the use of project trainees.
Project funded
by|
|||||National
Lottery Heritage
Fund 'Skills for the Future' programme
and led by Dorset|
|||||Wildlife Trust.|
|Woodah||Farm||Relates to funds to benefit Woodah
Farm —Taylor Memorial Trust.|
|Courtyard||—Taylor|||
|Memorial||Trust|||
|Woodah||Farm||Represents
the net book value of capital work to develop the courtyard
at Woodah|
|Courtyard|||Project—|Farm and funded
through
the Phoebe Wortley-Talbot
Charitable
Trust with some|
|Phoebe Wortley-Talbot||||support
from the Dartmoor Sustainable
Development
Fund.|
|Charitable|||Trust||
|Working||Wetlands||Relates
to
Fleming
Aerator
purchase
and
acquisition
of a vehicle.
Additional|
|Capital||||payment
received
from the
Environment
Agency
for ongoing
management
and|
|||||maintenance
of Flemin
Aerator.|
|Working||Wetlands-||Relates
to vehicle
and
equipment
funded
through
Biffa Award
via the
Landfill|
|Biffa Award||||Communities
Fund.|
##
|Devon Wildlife Trust|Devon Wildlife Trust|Devon Wildlife Trust|Devon Wildlife Trust|Devon Wildlife Trust||||||
|---|---|---|---|---|---|---|---|---|---|
|Notes to the group accounts (continued)||||||||||
|Year ended 31 March 2022||||||||||
|19|Restricted Funds prior year comparative||||—Group a|nd Charity||||
|||||Balance at|||||Balance at|
||||1|April 2020||Income|Expenditure|Transfers|31 March 2021|
||Advocacy and Development||||315,571|356,830|(320,906)||351,495|
||Andrews
Wood||||55,855||||55,855|
||Believer Moor and Meadows||||1,500||||1,500|
||Believer (Suez Communities|Trust)|||318||(294)||24|
||Bystock||||207,632||||207,632|
||Capital - Vehicles||||6,599||(2,214)||4,385|
||Cricklepit —Hydro Turbine||||39,376||(4,376)||35,000|
||Communications||||32,839|55,166|(51,858)||36,147|
||Dartmoor
Reserves —Capital||||9,347||(2,838)||6,509|
||Devon Biodiversity
Records|Centre|||28,169|78,000|(28,500)||77,669|
||Dodd Brook|||||69,500|||69,500|
||Education
and Engagement||||19,151|129,935|(118,804)||30,282|
||Education
and Engagement|—Capital|||2,877|11,803|(2,872)||11,808|
||Grants and Major Giving||||4,000|548,101|(99,289)||452,812|
||Greater Horseshoe
Bat Project||||6,836|119,736|(125,910)||662|
||GHBP Bat Appeal||||5,000||(3,001)||1,999|
||Horsey Island||||5,000||||5,000|
||Headon
Farm —GrantScape||||53,125||||53,125|
||Headon
Farm —Viridor Credits||||220,000||||220,000|
||Holwell||||356,506||||356,506|
||Land Management||||69,378|273,992|(219,241)||124,129|
||Lower East Lounston||||74,150||||74,150|
||Magnificent
Mires —Capital||||4,502||(3,555)||947|
||Marsland
Fund||||193,232||(1,246)||191,986|
||Marsland
Land Rover||||3,752||(938)||2,814|
||Meeth Quarry —Viridor Credits||||673,765||||673,765|
||Meeth Quarry —Natural
England||||43,541||(10,374)||33,167|
||Meeth Quarry —DWM||||140||(140)|||
||New England
Wood —Viridor|Credits|||41,000||||41,000|
||NDNIA||||41,308|367,621|(368,880)||40,049|
||ROBT Capital||||1,775|21,070|(1,489)||21,356|
||ROBT Revenue||||4,590|111,132|(93,464)||22,258|
||Valley Parks||||379,038|64,248|(89,251)||354,035|
||Volunteering||||191|65,579|(3,079)||62,691|
||Visitor Assets||||7,088|36,708|(40,338)||3,458|
||Wild Futures —Capital||||401||(101)||300|
||Woodah
Farm —Taylor Memorial||Trust||157,816||(12,270)||145,546|
||Woodah —Phoebe Wortley —Talbot|||||||||
||Charitable
Trust||||115,806||(5,020)||110,786|
||Working Wetlands —Capital||||7,235||(6,533)||702|
||Working Wetlands —Biffa Award||||4,582||(1,146)||3,436|
|||||3,192,991||2,309,421|(1,617,927)||3,884,485|
##
##
||||||Balance at|Movement
in|Balance at|
|---|---|---|---|---|---|---|---|
||||||1 April 2021|the year|31 March 2022|
|Designated
funds||||||||
|Development
and|land|management|||43,311|(289)|43,022|
|Property
Repairs and||Maintenance||Fund|41,500|(37,224)|4,276|
|Capital
Investment|Fund||||62,946||62,946|
|Record Centre Development|||||40,650|66,557|107,207|
|Strategic Project Completion|||Fund||63,593|(36,708)|26,885|
|Strategic Development||Fund|||617,207|(63,385)|553,822|
||||||869,207|(71,049)|798,158|
|General funds||||||||
|Free reserves|||||1,124,657|(323,452)|801,205|
|Fixed asset reserves|||||3,266,702|692,028|3,958,730|
||||||5,260„566|297,527|5,558,093|
##
||||||Balance at|Movement
in|Balance at|
|---|---|---|---|---|---|---|---|
||||||1 April 2020|the year|31 March 2021|
|||||||(As restated)||
||||||||E|
|Designated
funds||||||||
|Development
and|land|management|||46,632|(3,321)|43,311|
|Property
Repairs and||Maintenance||Fund|50,000|(8,500)|41,500|
|Capital
Investment|Fund||||62,946||62,946|
|Record Centre Development|||||11,070|29,580|40,650|
|Strategic Project Completion|||Fund||84,494|(20,901)|63,593|
|Strategic Development||Fund|||735,019|(117,812)|617,207|
||||||990,161|(120,954)|869,207|
|General funds||||||||
|Free reserves|||||1,000,000|124,657|1,124,657|
|Fixed asset reserves|||||2,788,942|477,760|3,266,702|
||||||4,779,103|481,463|5,260,566|
##
||Unrestricted|Unrestricted|Restricted|Endowment|Total|
|---|---|---|---|---|---|
|||Funds|Funds|Funds|Funds|
|Fund balances at the year end are represented||by:||||
|Tangible fixed assets||1,617,866|690,916|189,051|2,497,833|
|Heritage assets||1,132,419|2,325,258|920,000|4,377,677|
|Investments||1,208,442||139,179|1,347,621|
|Current assets||2,339,210|1,228,021||3,567,231|
|Current
liabilities||(739,844)|||(739,844)|
|Total net assets||5,558,093|4,244,195|1,248,230|11,050,518|
|Unrestricted
funds are analysed as follows:||||||
|||Fixed &|Investments|Net||
||Heritage assets|||assets|Total|
|Designated
funds|(see note 20)|||798,158|798,158|
|General funds||2,750,285|1,208,442|801,208|4,759,935|
|Total unrestricted|funds|2,750,285|1,208,442|1,599,366|5,558,093|
##
||Unrestricted|Unrestricted|Restricted|Endowment|Total|
|---|---|---|---|---|---|
|||Funds|Funds|Funds|Funds|
||(As|restated)||||
|||F||||
|Fund balances at the year end are represented||by:||||
|Tangible|fixed assets|1,631,148|475,137|192,401|2,298,686|
|Heritage|assets|1,061,035|1,835,441|920,000|3,816,476|
|Investments||574,519||143,831|718,350|
|Current|assets|2,462,820|1,836,249|3,010|4,302,079|
|Current|liabilities|(468,956)|(262,342)|(1,149)|(732,447)|
|Total net assets||5,260,566|3,884,485|1,258,093|10,403,144|
|stricted
fun|ds are|analysed as foll|ows:||||
|---|---|---|---|---|---|---|
||||Fixed &|Investments|Net||
||||Heritage assets||assets|Total|
||||||(As restated)||
|Designated|funds|(see note 20)|||869,207|869,207|
|General funds|||2,692,183|574,519|1,124,657|4,253,879|
|Total unrestricted||funds|2,692,183|574,519|1,993,864|5,260,566|
##
||Group||Charity||
|---|---|---|---|---|
||2022|2021|2022|2021|
||||P.||
|Land and buildings:|||||
|Within one year|23,500|23,500|23,500|23,500|
|In two to five years|15,000|38,500|15,000|38,500|
|Other Operating leases|||||
|Within one year|9,568|19,830|6,234|16,496|
|In two to five years|5,521|14,481|3,020|8,925|
||53,589|96,311|47,754|87,421|
##
##
|||DWE|WCCL|DWS|Total|Total|
|---|---|---|---|---|---|---|
||||||2022|2021|
|||P|||F||
|Turnover||379,819|25|33,591|413,435|282,417|
|Cost ofsales||(12,174)||(15,123)|(27,297)|(30,787)|
|Gross profit||367,645|25|18,468|386,138|251,630|
|Administrative|expenses|(276,401)||(33,517)|(309,917)|(294,807)|
|Other operating|income|||12,161|12,161|88,639|
|Net interest||||(3,269)|(3,268)|(4,204)|
|Net profit /(loss) for the year||91,246|25|(6,157)|85,114|41,258|
|Gift aid to parent charity||(78,156)|||(78,156)|(20,000)|
|Net profit /(loss) for the year||13,090|25|(6,157)|6,958|21,258|
|The aggregate|of the assets and|liabilities was:|||||
|Assets||135,445|5,627|6,669|147,741|146,358|
|Liabilities||(72,627)|(5,022)|(1,805)|(79,454)|(222,423)|
|Shareholders'|funds|62,818|605|4,864|68,287|(76,065)|
##
|from operating
activities|||||
|---|---|---|---|---|
||||2022|2021|
||||F||
|||||(As restated)|
|Net incoming
resources|||647,374|1,184,148|
|Depreciation|||202,489|178,344|
|Loss / (profit) on disposal of fixed|assets||(55,320)||
|(Gains)/losses
on investments|||(30,583)|(58,366)|
|Dividends,
interest and rents from|Investments||(12,745)|(8,796)|
|Portfolio management
fees charged||against investments|9,323|3,956|
|(Increase)
/ decrease
in stocks|||11,208|3,953|
|(Increase)
/ decrease
in debtors|||82,537|(415,699)|
|(Decrease) / increase
in creditors|||7,397|260,636|
|Net cash provided
by operating|activities||861,680|1,148,176|
##
##
|29|Reconciliation|of net debt|||||
|---|---|---|---|---|---|---|
||||At 1 April|Cash flow|Foreign Exchange|At 31 March|
||||2021||Movements|2022|
||Cash and cash|equivalents|2,983,048|(633,856)|(7,247)|2,341,945|
||Total||2,983,048|(633,856)|(7,247)|2,341,945|
##
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##
|||Page|
|---|---|---|
|Trustees'
Report
—Report from|the Chair||
|Trustees'
Report|||
|Independent
Auditor's
Report||22|
|Group Statement
of Financial|Activities|26|
|Balance Sheets||27|
|Statement
of Consolidated
Cash Flows||28|
|Notes to the Group Accounts||29|
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