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2022-03-31-accounts

Reference and administrative
information		 Reference and administrative
information		 1-2
Report ofthe Board (including
Strategic Report)		 3-9
Independent auditors'
report		 IO - l3
Consolidated statement
offinancial
activities		 l4
Charity statement
offinancial
activities		 15
Consolidated and charity balance sheet l6
Consolidated cash flow statement l7
Notes to the consolidated
cash flow statement		 I8
Notes to the financial
statements		 19-47

Reference and adm Reference and adm inistrative
information
Chief Executive: Matt: Walpole (from 0I/09/2022)
Carolyn
Cadman		 (to 20/05/2022)
Principal and registered address ofthe charity: Five Acres
Allet
TRURO
Cornwall
TR4 9DJ
Website: www. cornwallwildlifetrust. org.uk
Auditors: RRL LLP
Peat House
Newham
Road
TRURO
Cornwall
TR I 2DP
Solicitors: Stephens
Scown
I High Cross Street
STAUSTELL
Cornwall
PL25 4AB
Bankers: Lloyds Bank
7 Boscawen Street
TRURO
Cornwall
TR I 2QT

For the period ended 3I March For the period ended 3I March 2022 (/3 months)
Notes Unrestricted Restricted Total Total
Funds Funds Period to Year to 28
3 I March February
2022 2021
Income and endowments from:
Donations
and legacies		 439,970 33,609 473,579 649,274
Membership
Subscriptions		 623,587 967 624,554 509,858
Charitable
activities:
Nature
conservation		 817,077 2,483,273 3,300,350 2,374,402
Other trading
activities:
Consultancy
income and sales		 1,199,840 18,401 I,2 I8,24 I 897,329
Fundraising
and event income		 98,073 117,896 2I5,969 140,323
Other income 70,598 291 70,889 34,267
Investments 10,420 1,669 12,089 7,748
Total income and endowments 3,259,565 2,656,106 5,9I5,67 I 4,613,201
Expenditure
on:
Raising funds:
Consultancy
expenses		 806,816 806,816 590,601
Livestock purchases 265
Fundraising
and publicity		 517,268 52,190 569,458 452,274
Charitable
activities:
Reserves management 667,292 680,524 I,347,8 I6 949,651
Conservation 625,589 2,249,93 I 2,875,520 2, 1
I6,5 I6
Total expenditure 2,616,965 2,982,645 5,599,6 I0 4,109,307
Net gain on investments 17 891 908 2,586
Net income I (expenditure) for the year 642,617 (325,648) 316,969 506,480
Transfers
between
funds		 (2,500) 2,500
Net movement
in funds		 640,117 (323,148) 316,969 506,480
Funds at
I March 2021		 1,915,193 6,562,107 8,477,300 7,970,820
Funds at 3I March 2022 2,555,3 I0 6,238,959 8,794,269 8,477,300

For the period ended 3I March For the period ended 3I March 2022 (l3 months)
Notes Unrestricted Restricted Total Total
Funds Funds Period to Year to 28
31 March February
2022 2021
Income and endowments from:
Donations
and legacies		 439,970 33,609 473,579 649,274
Membership
Subscriptions		 623,587 967 624,554 509,858
Charitable
activities:
Nature
conservation		 817,077 2,483,273 3,300,350 2,374,402
Other trading
activities:
Consultancy
income and sales		 144,336 18,401 162,737 182,722
Fundraising
and event income		 98,073 117,896 215,969 140,323
Other income 150,690 291 150,981 97,219
Investments 64,312 1,669 65,981 13,657
Total income and endowments 2,338,045 2,656,106 4,994, I 5 I 3,967,455
Expenditure
on:
Raising funds:
Livestock purchases 265
Fundraising
and publicity		 517,268 52,190 569,458 452,748
Charitable
activities:
Reserves management 678,384 680,524 I,358,908 952,947
Conservation 695,547 2,249,93 I 2,945,478 2,123,361
Total expenditure /0 1,891,199 2,982,645 4,873,844 3,529,321
Net (loss)/gain
on investments		 I7 891 908 2,586
Net income
/ (expenditure)		 for the year 446,863 (325,648) 121,215 440,720
Transfers
between
funds		 (2,500) 2,500
Net movement
in funds		 444,363 (323,148) 121,215 440,720
Funds at
I March 2021		 1,861,614 6,562,107 8,423,721 7,983,001
Funds at 3 I March 2022 2,305,977 6,238,959 8,544,936 8,423,721

As at 3/ Marc h 2 02 2
The Group The Charity
31 March 28 February 31 March 28 February
2022 2021 2022 2021
Notes E IE E.
Fixed assets
Tangible assets /3 1,242,311 1,205,592 1,242,311 1,205,592
Heritage assets /3 4,073,375 3,758,314 4,073,375 3,758,314
Investments /4 58,593 57,675 58,593 57,675
5,374,279 5,021,581 5,374,279 5,021,581
Current assets
Stocks and work in progress 54,247 45,442 15,751 15,751
Debtors /5 2,063,922 1,668,316 2,070,337 1,622,721
Cash at bank and in hand 2,320,462 2,314,900 2,119,987 2,255,918
4,438,63 I 4,028,658 4,206,075 3,894,390
Creditors: amounts falling due within one
year I6 (892,996) (420,541) (909,773) (339,852)
Net current assets 3,545,635 3,608,117 3,296,302 3,554,538
Total assets less current liabilities 8,919,914 8,629,698 8,670,581 8,576,119
Creditors: amounts falling due after more
than one year /7 (125,645) (152,398) (125,645) (152,398)
Net assets 2I 8,794,269 8,477,300 8,544,936 8,423,721
Charity funds
Unrestricted funds - General funds 1,176,744 494,346 927,411 440,767
—Designated funds 1,378,387 1,420,685 1,378,387 1,420,685
- Revaluation reserve 179 162 179 162
Total unrestricted funds /8 2,555,310 1,915,193 2,305,977 1,861,614
Restricted
funds		 20 6,238,959 6,562,107 6,238,959 6,562,107
Total charity funds 8,794,269 8,477,300 8,544,936 8,423,721
These financial statements were approved and authorised for issue by the Council members
on		 2- Q /
& f I		 2.8~~
and were signed on its behalf by:

Consolidated
cash flow statemen		 Consolidated
cash flow statemen		 Consolidated
cash flow statemen		 Consolidated
cash flow statemen		 Consolidated
cash flow statemen		 t
For the period ended 3I March 2022
Note Period to Year to 28
3I March February
2022 2021
Net cash inflow from operating activities I 5 I0,730 329,797
Cash flows from investing activities
Interest received 12,089 7,748
Payments to acquire fixed assets and investments (486,949) (813,660)
Receipts from disposal of fixed assets 27,637
Net cash used
in investing		 activities (474,860) (778,275)
Cash flows from financing activities
Repayment
of hire purchase		 contracts (5,828) 5,195
Repayment
of bank loans		 (22,590) (20,554)
Interest
paid		 (1,890) (2,981)
Net cash (used)
in financing		 activities (30,308) (18,340)
Change
in cash and cash equivalents		 in the
reporting
period		 5,562 (466,818)
Cash and cash equivalents at the beginning of
the reporting
period		 2,314,900 2,781,718
Cash and cash equivalents at the end ofthe
reporting
period		 2,320,462 2,314,900
Relating to:
Cash at bank and
in hand		 2,320,462 2,314,900

Reconciliation
ofnet incom		 e to net cash inflow fro m operating
activities
Period to 3 I Year to 28
March 2022 February
202I
Net income for the year 3 I6,969 506,480
Interest receivable
Interest
paid		 ( I2,089)
I,890		 (7,748)
2,98I
Depreciation I35,I59 122,202
(Gain) on investments (908) (2,586)
(Increase)
in stocks and work		 in progress (8,805) (5,40 I )
(Increase)
in debtors		 (395,606) (286,57 I)
Increase
in creditors		 474, I20 440
Net cash inflow from operating activities 5 I0,730 329,797

3 Prior year statement offinancial offinancial activities —Group
Unrestricted Restricted Total
funds funds 2021
E
Income and endowments from:
Donations
and legacies		 536,956 112,318 649,274
Membership
Subscriptions		 509,102 756 509,858
Charitable
activities:
Nature
conservation		 705,814 1,668,588 2,374,402
Other trading
activities:
Consultancy
income and sales		 835,073 62,256 897,329
Fundrai sing 41,627 98,696 I40,323
Other income 3 1,3 I7 2,950 34,267
Investment
income		 5,992 1,756 7,748
Total income and endowments 2,665,881 1,947,320 4,613,20 I
Expenditure
on:
Raising funds:
Consultancy
expenses		 590,601 590,601
Livestock purchases 265 265
Fundraising
and publicity		 446,238 6,036 452,274
Charitable
activities:
Reserves
management		 686,995 262,656 949,651
Conservation 541,623 1,574,893 2, 1 I6,5 I6
Total expenditure 2,265,722 1,843,585 4,109,307
Net (loss) I gain on investment (36) 2,622 2,586
Net income for the year 400,123 106,357 506,480
Transfers
between
funds		 5,000 (5,000)
Net movement
in funds		 405,123 101,357 506,480
Funds at
I March 2020		 1,510,070 6,460,750 7,970,820
Funds at 28 February 202 I 1,915,193 6,562,107 8,477,300

4 Income from donations
and legacies —Group and company		 Income from donations
and legacies —Group and company		 Income from donations
and legacies —Group and company
Unrestricted Restricted Period to Year to 28
3I March February
2022 2021
Donations 23,730 20,471 44,20 I 61,541
Coro naviru sJob Retention
Scheme		 9,905 1,289 I I, I94 131,728
Legacies -James Bennett 99 99 21,000
- Elizabeth
Anne Nicholas		 11,750 I 1,750 70,000
—Held by Local Group accounts 6,062
- Diana Phoebe
Ball		 1,600
- Susanne Gertrud
Helene Thompson		 315,000
-Jean-Marie Wallerstein 42,093
—Robert Alan Babb 250
- Constance Joan Merrifield 60 60
- Ivy Nicholls 46,242 46,242
- Audrey
Iris Peniston		 250,000 250,000
- Shirley Reid 1,135 I,I35
- Bridget Emma Carrick 500 500
-Anne Mycroft Barks 20,000 20,000
- Derek Rowland
Skinner		 1,000 1,000
- Carlene
Edith Harry		 59,856 59,856
- Olga Olver 16,000 I6,000
- Peter Holden 4,000 4,000
—Doreen Batten 5,000 5,000
—Jean Margaret
Saunders		 500 500
- Christopher
Charles Trounce		 200 200
- Dr Ruth Levitt 1,842 I,842
439,970 33,609 473,579 649,274

Grants receivable:
nature co		 ns ervation
 —Group and Chari ty
Unrestricted
funds		 Period to 31 Year to 28
Ivlarch 2022 February 2021
Cornwall
College		 300
Cornwall
Council contribution
to		 ERCCIS 40,600 40,000
Cornwall
Council —COVID-19 Grant		 10,000
Cornwall
Council —Pacific Oyster		 Monitoring 3,500 3,500
Cornwall
Council —Making Space for Sand		 64,769
Cornwall
Council
—Marine		 2,000
DWP Access to Work (3,763)
Environment
Agency contribution		 to ERCCIS 9,137 9,137
Environment
Agency —Farm Advice		 2,152
Environment
Agency —Green
Ribs		 47,529
John &Tessa Fearnley Charitable Trust 1,000
Marine Conservation
Society		 1,545
Marine Strandings
Network		 23,613 10,500
Natural
England —Intertidal
SSSI		 10,000 4,000
Natural
England —Marine &Costal		 Code Project 4,990
Natural
England —Pacific Oyster		 Project 9,995
Natural
History
Museum
—MSN		 2, 155
Penhale County Council —NVC & Condition Survey 6,942
Royal Society ofWildlife Trusts —COVID-19 Grant 4,950
Royal Society ofWildlife Trusts —My Wild Life 950
Rural Payments
Agency		 581,707 601,463
South West Water contribution to ERCCIS 9,078
The Dingwall
Trust		 1,000 500
University
of Exeter —Employer		 Subsidies 2,600
University
of Exeter - Seagrass		 375
Westcountry
Rivers Trust —Farm		 Advice 16,667
Other grants
817,077 705,814

Restricted
funds		 Period to 3 I Year to 28
Ivlarch 2022 February 2021
Big Lottery
Fund (National
Lottery) —Your Shore Beach		 Ranger Project 248,076
Cornwall
College Industrial
placement
Employer		 Support Funding 1,125 1,125
Cornwall
Council —Land Hub Phase
I		 20,000
Cornwall
Council —Penwith
Landscape
Partnership		 Project 14,240 97,573
Cornwall
Councillor
Community
Chest Scheme		 1,129
DEFRA - Environmental
Land Management
(Tests		 &Trials) 18,732 20,520
DEFRA —G7 Project 785,377
EMFF —Cornwall
Good Seafood Guide		 9,420
Environment
Agency —Catchment
Partnership		 30,000 30,000
Environment
Agency —Land Hub Phase
I		 10,000
Environment
Agency —Ridgeway Wetlands
Monitoring		 Project 20,000
Environment
Agency —Upstream
Thinking		 2,500
Environment
Agency —3Cs Project		 26,660
Fishmongers'
Company's
Fisheries Charitable
Trust		 - CGSG (I) 7,000
Government
Apprenticeship
/ Kickstart
Funding		 22, 1 14
Groundwork
UK (Tesco) —StAustell
Bay: Marine		 Strandings 1,000
Groundwork
UK (Tesco) - Wildlife Watch		 1,000
GWR —Access to Churchtown
Farm		 4,500
Heritage
Lottery
Fund —Dynamic
Dunes		 135,985 72,495
Heritage
Lottery
Fund —Penwith
Landscape
Partnership		 (Delivery Phase) 485,067 334,520
Heritage
Lottery
Fund —Green Recovery Challenge		 Fund 154,550
Heritage
Lottery
Fund —Tackling the EmergenSea		 38,061
Historic
England —Medieval
Chapel
(PLP)		 58,397
Kenwyn
Parish Council —Carbon Footprint
Project		 1,036
Marine Management
Organisation
(MMO) - CGSG		 13,626
National
Lottery Community
Fund —COVID-19		 Grant 9,616
National
Lottery Heritage
Fund —COVID-19 Grant		 56,200
Natural
England —Marine Recreation
Disturbance		 Project 4,583
Natural
England —Nature
Recovery Seedcorn
Funding:		 LNRS 8,333 4,583
Natural
England —WEIF Tresillian
&Carrick Roads		 47,253
Natural
England —Behaviour
Change Project		 8,000
Natural
England —G7 Case Studies on Nature
Recovery		 5,000
Royal Society ofWildlife Trusts —Carbon Footprint Project 10,000 10,000
Royal Society ofWildlife Trusts —Reserves Drone Filing Project 15,376
Royal Society ofWildlife Trusts —Team Wilder 10,000
Rural Payments
Agency —Looe Island		 70,631 175,232
South West Water —Upstream
Thinking		 463,145 360,034
St Breock Panel —decisions grant 1,689
Tanner Trust - PLP 10,000
Tanner Trust —Looe Island 5,000
Tanner Trust —Trevellan
House		 5,000
TEVI 34,634 52,416
The Office for Zero Emissions
Vehicles (OZEV)		 700
The Woodland
Trust —Ancient Woodland
Inventory		 30,000
Tin Coast Partnership
Coastal Communities
Fund		 Grant N Trust 6,500 22,500
UFAW —Strandings
Bycatch Project		 2,500
University
of Exeter —Strategic Priorities
Fund		 4,800
Volunteer
Cornwall —Nature
Wellbeing
Coordinator		 40,000
Other grants 7,669 4,640
2,483,273 1,668,588
Total grants receivable —Group and Cha ri t y 3,300,350 2,374,402

nvestment
inco		 me
Unrestricted Restricted Period to Year to 28
3I lvlarch February
2022 202I
Bank interest 10,420 I,669 I2,089 7,748
Total investment income —Group I0,420 l,669 I2,089 7,748
Gift Aid from trading subsidiary (note 8) 53,092 53,092
Interest from trading subsidiary re loan 800 800 5,909
Total investment income —Charity 64,3I2 I,669 65,98I 13,657

The charity receives the taxable The charity receives the taxable The charity receives the taxable The charity receives the taxable profit of Cornwall Cornwall Environmental Environmental Consultants Limited Limited (Limited by guarantee),
a		 guarantee),
a
company
incorporated		 in England and Wales, by way of Gift Aid. Cornwall Environmental
Consultants		 Limited
(Limited
by guarantee)		 carries out biological surveys, environmental assessments and conservation management
planning.
A summary
ofthe trading		 results is shown below:
Period to 31 Year to 28
lvlarch 2022 February
2021
Turnover 1,155,092 741,910
Operating
costs		 (965,318) (676,150)
Profit for the year 189,774 65,760
Consolidation
adjustments
Gift aid donation 53,092
Sales to charity (81,051) (10,615)
Costs recharged
from		 charity 87,419 74,472
Purchases
from charity		 I l,211 5,168
Interest on intercompany loan 800 5,9 I0
71,471 74,935
The assets and liabilities ofthe subsidiary were:
Current
assets		 379,I45 242,341
Amounts
owed to Cornwall		 Wildlife Trust (73,028) (104,461)
Other creditors (62,794) (84,301)
Net assets 243,353 53,579
R.eserves 243,353 53,579
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Period to 31 Year to 28
March 2022 February 2021
Management I I
Administration II II
Conservation and Reserves 45 42
Marketing
&		 Fundraising l3 12
Consultancy l2 II
82 77
The aggregate staff costs ofthese persons included within the accounts were as follows:
Period to 31 Year to 28
March 2022 February
2021
Wages and salaries 2,454,450 2,076,852
Social security costs 207,751 174,240
Pension costs 63,684 57,106
Redundancy costs 38,I43 40,022
Holiday
pay provision		 movement (4,091) 14,978
2,759,937 2,363,198

Quoted
UK shares		 Quoted
UK shares		 UK Equities Other Listed Total
Investments
E,
Market value at I March 2021 250 57,425 57,675
Additions 10 10
Revaluation 17 891 908
Market value at 31 March 2022 277 58,316 58,593
Cost at 31 March 2022 98 48,500 48,598
I 5 Debtors
The Group The Charity
31 March 28 February 31 March 28 February
2022 2021 2022 2021
E.
Trade debtors 2,003,643 1,627,389 1,944,528 1,477,864
Income tax recoverable 18,924 21,105 18,924 21,105
Amounts
owed		 by Cornwall
Environmental Consultants Limited 73,028 104,461
Other debtors including taxation 1,514 531 400
Prepayments 39,841 19,291 33,457 19,291
2,063,922 1,668,316 2,070,337 1,622,721

The Group The Charity
31 March 28 February 3I March 28 February
2022 2021 2022 2021
E
Bank loans (see note 17) 22,589 22,589 22,589 22,589
Hire purchase (see note 17) 3,513 5,178 3,513 5,178
Trade creditors 124,030 166,379 191,588 164,437
Other creditors
including		 taxation
and social security 88,762 70,124 87,776 31,586
Accruals 630,6 I6 153,204 584,835 112,995
Deferred
income (see below)		 23,486 3,067 19,472 3,067
892,996 420,541 909,773 339,852
31 March 28 February
2022 2021
f.
Deferred income —Group and Charity
Total deferred
income brought		 forward 3,067 108,587
Amounts
released from		 previous years (3,067) (108,587)
Incoming resources
deferred		 in the current year 23,486 3,067
Total deferred
income carried forward		 23,486 3,067
Deferred income comprises of:
CEC income relating to early 2022-23 invoiced in advance 4,014
Rent for early 2022-23 received in advance 722
Grant income received in advance for 2022-23 costs 18,750
Total deferred
income carried forward		 23,486

17 Creditors: amounts Creditors: amounts Creditors: amounts Creditors: amounts falling due after more than one year —Group and Charity falling due after more than one year —Group and Charity
31 March 28 February
2022 2021
if.
Bank loans 118,197 140,787
Hire Purchase 7,448 11,611
125,645 152,398
Analysis ofloans
Not wholly repayable within
five years by instalments		 140,786 163,376
140,786 163,376
Included in current liabilities (22,589) (22,589)
118,197 140,787
Loan maturity analysis
In more than one year but not more than two years 22,589 22,589
In more than two years but not more than five years 67,767 67,767
In more than five years 27,841 50,431
118,197 140,787
The bank loans are secured loans are secured by a fixed charge over by a fixed charge over some of the charity's freehold properties,
namely,		 properties,
namely,		 Five Acres
and Two Burrows which
have a carrying		 value of6630,000 (2021:6630,000) within the balance sheet.
The bank loans are repayable by monthly instalments. Interest is chargeable at 1%above the Lloyds Bank base rate.
31 March 28 February
2022 2021
E
Net obligations under hire purchase contracts
Total future
minimum
hire purchase
lease payments		 are as follows:
Repayable within
one year		 3,513 5,178
Repayable between one and five years 7,448 I 1,6 I
I
10,961 16,789
Included in current liabilities (3,513) (5, 178)
7,448 I 1,6 I
I

18 Unrestricted Unrestricted funds - Group
At
I		 incoming Resources Gains, losses At 31
March resources expended and transfers March 2022
2021
General
funds		 494,346 3,245,015 (2,492,404) (70,213) 1,176,744
Designated funds 1,420,685 14,550 (124,561) 67,713 1,378,387
Revaluation reserve 162 17 179
1,915,193 3,259,565 (2,616,965) (2,483) 2,555,310
Unrestricted funds —Group —Prior Year
At
I		 Incoming Resources Gains, losses At 28
March resources expended and transfers February
2020 202I
General
funds		 284,844 2,664,389 (2, I 94,966) (259,921) 494,346
Designated funds 1,225,028 1,492 (70,756) 264,921 1,420,685
Revaluation reserve 198 (36) 162
1,510,070 2,665,881 (2,265,722) 4,964 1,915,193

Unrestr icte d
funds - Chari		 ty
At
I		 Incoming Resources Gains, losses At 3I
March resources expended and transfers March 2022
2021
General funds 440,767 2,323,495 (1,766,638) (70,213) 927,41 I
Designated funds 1,420,685 14,550 (124,561) 67,713 1,378,387
Revaluation reserve 162 17 179
1,861,614 2,338,045 (1,891,199) (2,483) 2,305,977

'Designated
Funds' for a specific pu		 rpose.
At
I		 Incoming Resources Gains, losses At 3I
March resources expended and transfers March 2022
2021
ERCCIS WIS Online Dev 14,770 14,770
ERCCIS Library
Digitalisation		 (10,285) 35,254 24,969
Prideaux Woods Project (14) (158) (172)
Reserves Barn 24,575 (545) 24,030
New Reserves Compound (10,156) 21,400 I 1,244
Gifts in Wills Toolkit 12,904 12,904
Improving
M'ship Recruitment		 (4,020) 6,085 2,065
Collective Web Project 13,316 13,3I6
Processes 8i Reporting
Review		 35,000 (20,372) 14,628
Strategic Project Holding Pot 412,248 (159,375) 252,873
Building Maintenance
Project		 42,069 (15,560) 26,509
Income Generation
Specialist		 15,304 (8,734) 6,570
Digital Transformation 39,418 14,550 (44,950) 122,000 131,0I8
GDPR Compliance
Project		 9,886 (9,781) I05
Capital
Funds —Fixed Assets		 801,209 42,349 843,558
1,420,685 14,550 (124,561) 67,713 1,378,387

Notes Notes
(forming part ofthe financial statements)
20 Restricted
funds		 —Group and Charity
All restricted
funds		 promote nature conservation in Cornwall and the Isles of Scilly via the various projects as specified
above. Legacy Funds will be used for the future purchase and maintenance of land and nature reserves. Any funds with
a negative
balance		 at the year-end will be eliminated
by		 receipt of income or transfer in the next financial year.
At
I		 Incoming Resources At 31 March
March resources expended Transfers 2022
2021
Capital Funds
Grants: received pre I March 1991 46,501 46,501
Arthur
Denis Ellory		 Legacy 402,889 (27,818) 375&071
Aston
Land Purchase		 228,704 (202,783) 25,921
Bakers Pit 20,506 20,506
Beales Meadows 33,500 33,500
Bostraze Bog8 Bartinney Downs 278,903 278&903
Bosvenning 4,400 4,400
Cabilla —Lotcery 111,340 111,340
Caer Barn 53,388 53,388
Carn Glaze Farm 405,115 405,115
Chun 29,469 291469
Creddacott 16,165 16&165
Crift 41,264 411264
Dynamic
Dunes		 63,525 (21,602) 41,923
Environment
Agency		 Land Purchase 18,515 (5,000) 13,515
G7 29,586 29,586
Green Recovery Challenge Fund 1,278 I&278
Higher Trevilmick
Farm		 157,522 1571522
Juleff Legacy Fund 81,200 184,973 (225,953) 401220
Land at Breney Farm, Lanlivery 69,014 69,014
Land at Higher Bartinney 79,438 791438
Land at Helman Tor 87,035 87,035
Land at Kenidjack 19,065 191065
Land at Lanvean
Bottoms		 100,000 100,000
Land at Middle Amble Wadebridge 33,603 33,603
Land Purchase
Funds		 —Various Minor
Land adj to Trevellan House 99,938 99,938
Land at Sunnyside
Farm		 225,953 225,953
LEADER Fund 22,382 (13,917) 8,465
Local Group Assets (613) (525) (1,138)
Loggans Moor 22,350 22)350
Looe Island 1,250,000 1,250,000
Looe Island Capital Project 221,369 (5,375) 2151994
Lower Lewdon 11,000 11,000
Lower Penhale,
Lostwithiel		 10,000 107000
Lowertown
Moor		 11/86 I I&286
Middle Amber
Marsh		 Bird Hide 9,550 (1,514) 81036
Macr Lake 5,067 5,067
Minack Chronicles 2,400 1,645 4,045
Muchlarnick
Farm		 4,734 4,734
Nicholas
Legacy —Land Purchase		 292,808 12,001 (204,871) (99,938)
Penwith
Landscape		 Partnership 26,731 (10,869) 15)862
Power for Wildlife 17,223 (2,666) 14,557
Priddacombe
Downs		 306,574 3061574
Prideaux Woods 49,920 49,920
Rosenannon
Downs		 40,000 40,000
Shangri
La		 100,000 100,000
Shepherd
Legacy Fund		 427,311 427,311
Sylvia's Meadow 8,260 8,260
Upstream
Thinking		 14,554 14,238 28,792
Walter Alexanda
Marsh		 Estate 90,468 90,468
Windmill
Farm		 151,743 151,743
Your Shore Beach Ranger 1,912 (764) 1,148
5,478,090 12,001 (255,499) (10,485) 5,224,107

Notes Notes
(forming part ofthe financial statements)
20 Restricted
funds		 —Group and Charity —Prior Year
All restricted
funds promote		 nature conservation in Cornwalj and the Isles of Scilly via the various projects as specified
above. Legacy Funds will be used for the future purchase and maintenance of land and nature reserves. Any funds with
a negative
balance		 at the year-end will be eliminated
by receipt of income		 or transfer in the next financial year.
At
I		 Incoming Resources At 28
March resources expended Transfers February
2020 2021
Capital Funds
Grants: received pre I March 1991 46,501 46,501
Arthur
Denis Ellory Legacy		 408,280 (5,39I) 402)889
Aston
Land Purchase		 247,813 (19,109) 228,704
Bakers Pit 20,506 20I506
Beales Meadows 33,500 33,500
Bostraze Bog &Bartinney Downs 278,903 278)903
Bosvenning 4,400 4,400
Cabilla —Lottery 111,340 111,340
Caer Barn 53,388 53)388
Carn Glaze Farm 405, 115 405,115
Chun 29,469 29,469
Creddacoct 16,165 16&165
Crift 41,264 41,264
Dynamic
Dunes		 84,700 (21,175) 63,525
Environment
Agency		 Land Purchase 18,515 18,515
Higher Trevilmick
Farm		 157,522 157,522
Juleff Legacy Fund 81,200 81,200
Land at Breney Farm, Lanlivery 69,014 69,014
Land at Higher Bartinney 79,438 79,438
Land at Helman Tor 87,035 87,035
Land at Kenidjack 19,065 19,065
Land at Lanvean
Bottoms		 100,000 100,000
Land at Middle Amble Wadebridge 33,603 33)603
Land Purchase
Funds		 —Various Minor 500 (500)
LEADER Fund 35,529 (13,147) 22&382
Local Group Assets 313 (926) (613)
Loggans Moor 22,350 22,350
Looe Island 1,250,000 I)250&000
Looe Island Capital Projecc 221,369 221,369
Lower Lewdon 11,000 I 1,000
Lower Penhale,
Lostwithiel		 10,000 10,000
Lowertown
Moor		 11,286 I I)286
Middle Amber
Marsh		 Bird Hide 10,947 (1,397) 9&550
Macr Lake 5,067 5&067
Minack Chronicles 2,400 2,400
Muchlarnick
Far m		 4,734 4&734
Nicholas
Legacy —Land Purchase		 686,921 70,000 10,017 (474,130) 292,808
Penwith
Landscape
Partnership		 33,005 (6,274) 26,731
Power for Wildlife 19,684 (2,461) 17,223
Priddacombe
Downs		 306,574 306,574
Prideaux Woods 49,920 49,920
Rosenannon
Downs		 40,000 40,000
Shangri
La		 100,000 100,000
Shepherd
Legacy Fund		 427,311 427,311
Sylvia's Meadow 8,260 8,260
Upstream
Thinking		 21,299 (6,745) 14,554
Walter Alexanda
Marsh		 Estate 100,000 (9,532) 90,468
Windmill
Far m		 151,743 151,743
Your Shore Beach Ranger 2,284 (372) 1,912
5,263,734 70,000 (24,515) 168,871 5,478,090

20 Restricted funds —Group and Charity and Charity —Prior Year (continued)
At
I		 Incoming Resources Transfers At 28
March resources expended February
2020 2021
F
Revenue funds
Appeals:
Badger Vaccination
Appeal		 26,134 3,642 (4,616) (3,181) 21,979
Cornwall
Nature
Reserves		 Fund 14,415 33,400 47,8 I5
COVID-19 Appeal 10,729 (10,729)
Hedgehog
Appeal
Marine Strandings
Appeal		 71
365		 35,974
50		 (1,197) 34,848
4I5
Protecting
Cornwall's
Mammals		 5,784 63 (639) 5,208
Other:
Adopt a Bat (Puddiphat
Legacy)		 47,025 47,025
Alexanda
Recorders
Fund		 61,380 4,360 (975) 64,765
Badger Vaccination
Project		 (3,181) 3,181
Beaver Project 3,768 2,641 (1,124) 5,285
Branch Accounts
(Local Groups)		 25,996 11,586 (10,628) 926 27,880
Building with Nature
Standard		 1,882 (960) 922
Bude Project (2,870) 2,870
Bycatch Evidence
Evaluation		 2,500 (2,500)
Protocol
Carbon Footprint Project 10,000 (614) 9,386
Catchment
Partnership		 28,513 30,000 (23,660) 34,853
Catchment
Partnership		 44,845 (21,336) 23,509
(Perranporth)
Cornwall
Plastic Pollution		 Coalition 3,368 1,994 (256) 5,106
County
Farm Advice		 900 900
CPPC - Suez 6,037 (6,037)
Dynamic
Dunes		 (623) 72,495 (87,035) 21,175 6,012
East Looe Project 2,271 (2,271)
ELMS —ERCCIS Project (9,021) 69,702 (60,681)
Environmental
Growth for		 6,473 53,435 (78,493) (18,585)
Business (TEVI)
Good Seafood Guide 20,936 31,509 (61,574) (9,129)
Groundworks
(Tesco) Marine		 1,000 (1,000)
Strandings
Groundworks
(Tesco) Wildlife		 1,000 (1,000)
Watch
Fund
Highways
England
Environmental		 6,521 8,600 (15,125) (4)
Fund
Land Hub Phase
I		 30,000 (1,644) 28,356
LEADER Fund (356) (12,791) 13,147
Looe Island Development Project 90,130 175,232 (96,049) (213,868) (44,555)
Macr Lake Flood Defence 3,800 (190) 3,610
Middle Amber
Marsh
Bird		 Hide (1,397) 1,397
Minack Chronicles 27,984 390 (2,964) 25,410
Muchlarnick 172,538 22,700 (9,175) 186,063
Nature
Recovery Seedcorn		 (LNRS) 4,583 (773) 3,810
Nature
Recovery Seedcorn		 4,583 (4,583)
(Marine)
Nature
Reserve
Filming Project		 15,376 (6,036) 9,340
NLCF Covid Grant 9,616 (9,616)
NLHF Emergency
Fund		 56,200 (56,200)
Osprey Project 149 149
Oxford Innovation
—Looe		 Island 7,500 (7,500)

20
Restricted
funds —Group and		 Charity —Prio r Year (continu ed)
At
I		 Incoming Resources Transfers At 28
March resources expended February
2020 2021
E
Revenue funds (continued)
Pendarves
Project		 5,000 5,000 10,000
Penwith
Landscape
Partnership		 302,801 465,718 (571,135) 1,274 198,658
Delivery
Power for Wildlife (2,461) 2,461
Prideaux Woods 225 225
Re-Open
Nansmellyn
Marsh		 1,857 1,857
Project
Ridgeway Wetlands
Monitoring		 20,000 (20,000)
Project
South West Marine Ecosystems 2,143 104 (300) 1,947
Suez Enforcement —Nature 11,139 (3,413) 7,726
Reserves
SWW Marine Sponsorship 10,000 (10,000)
Towans Project 6,608 1,200 (7,808)
Tregothnan
Project		 822 (822)
UOE Strategic Priorities Project 4,800 (3,200) 1,600
Upstream
Thinking
Project		 180,598 368,743 (355,216) (11,088) 183,037
Upstream
Thinking ("Capital		 67,280 (7,593) 17,833 77,520
project")
UST: Devon &Cornwall
Soils		 (35) (35)
Alliance
Waste to Woodfuel
Project		 2,726 (8,426) (5,700)
WEIF —Tresillian
and Carrick		 47,253 (25,501) 21,752
Roads
Wilder Cornwall
Museum		 2,000 2,000
Windmill
Farm Restoration		 31,773 (6,434) 25,339
Your Shore Beach Ranger Project (5,200) 248,281 (205,735) 372 37,718
YSBROBFSub-Project (7) 7
Total of revenue
funds		 1,197,016 1,879,942 (1,819,070) (173,871) 1,084,017
Total restricted
funds		 6,460,750 1,949,942 (1,843,585) (5,000) 6,562,107
*Adjustment to income total *The revaluation reserve movement
is
to remove
Revaluation		 (2,622) included
in the fund		 breakdown above
Reserve to display the correct balance for the
'Alexanda
Recorder's		 Fund', but is then
*Income as per the Statement
of Financial
Activities		 1,947,320 removed
from the final total of
restricted
income and shown separately
on the statement
offinancial
activities
as again (loss) on investments.

Land and buildings Land and buildings Other
3I March 28 February 3 I March
28		 February
2022 2021 2022 2021
E.
Not later than one year 23,376 23,201 10,905 12,001
Later than one and not later than five years 20,632 46,365 I2,932 23,163
Later than five years 8,627 8,964 5,202 5,202
52,635 78,530 29,039 40,366

inancial instrum ents
Group Company
31 March 28 February 3 I March 28 February
2022 2021 2022 2021
E
Carrying amount of financial assets
Measured at fair value through profit and loss 58,593 57,675 58,593 57,675
Debt instruments measured at amortised cost 2,005, I57 1,840,468 2,017,956 1,848,453
Carrying amount of financial liabilities
Measured at amortised cost 917,46 I 636,198 938,252 519,770
Group Company
2022 2021 2022 2021
E
Income and expense
Financial liabilities measured at amortised cost 1,890 2,981 I,890 2,981
Net gains and losses
Financial assets measured at fair value through
profit and loss 908 2,586 908 2,586