**Registration number: 00724133 Charity number: 218711**
**CUMBRIA WILDLIFE TRUST LIMITED ANNUAL REPORT AND ACCOUNTS**
**31 MARCH 2022**
**CUMBRIA WILDLIFE TRUST LIMITED**
## **ANNUAL REPORT AND ACCOUNTS**
## **YEAR ENDED 31 MARCH 2022**
|**CONTENTS**|PAGE|
|---|---|
|Legal and administrative information|1|
|Chair’s Report|2|
|Trustees’ Report:||
|Objectives and activities|5|
|Main achievements of the year|7|
|Financial review|14|
|Structure, governance and management|16|
|Statement of Trustees’ responsibilities|18|
|Independent Auditor’s Report to the Members|19|
|Consolidated Summary Statement of Financial Activities|22|
|Consolidated and Charity Balance Sheets|23|
|Consolidated Cash Flow Statement|24|
|Notes to the Accounts|25|
**CUMBRIA WILDLIFE TRUST LIMITED**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
## **YEAR ENDED 31 MARCH 2022**
**President** Lord Inglewood
## **Vice Presidents**
Mrs S P Bonner Mrs S Garnett Dr G Halliday Mr S D Hill
Sir Martin Holdgate Mrs S Johnson Dr A Powell Mrs M Sutcliffe
## **Board of Trustees**
Chair David Sharrod Treasurer Julie Barrett Company Secretary Jane Wilson Chair of Conservation Committee Dr Peter Woodhead Chair of Development Committee Prof Graham Hooley Individual members Adrian Banford (from 11 August 2021) Dr Philip Byle Emily Coates (until 17 January 2022) Dr Volker Deecke Lady Cressida Inglewood Gemma Jones Fiona Southern
**Chief Executive** Stephen Trotter
**Senior Managers** David Harpley, Helen Duxbury, Chris Haddock
## **Principal and Registered Office**
Plumgarths, Crook Road, Kendal, Cumbria LA8 8LX
## **Auditor**
Crowe U.K. LLP, Chartered Accountants & Statutory Auditor, 3[rd] Floor, The Lexicon, Mount Street, Manchester M2 5NT
## **Solicitors**
Milne Moser, 100 Highgate, Kendal, Cumbria LA9 4HN
## **Investment Managers**
Baring Asset Management Ltd., 155 Bishopsgate, London EC2M 3XY CCLA Investment Management Limited, Senator House, 85 Queen Victoria Street, London EC4V 4ET
## **Bankers**
National Westminster Bank plc, 2 High Street, Windermere, Cumbria LA23 1WY CCLA Investment Management Limited, Senator House, 85 Queen Victoria Street, London EC4V 4ET Cumberland Building Society, Cumberland House, Cooper Way, Parkhouse, Carlisle, Cumbria CA3 0JF Furness Building Society, 51-55 Duke Street, Barrow-in-Furness, Cumbria LA14 1RT Shawbrook Bank Ltd, Lutea House, The Drive, Great Warley, Brentwood, CM13 3BE Virgin Money, Jubilee House, Gosforth, Newcastle-upon-Tyne NE3 4PL
## **Cumbria Wildlife Trust Ltd**
Registered in England as company no. 00724133 - a private company limited by guarantee Registered as an Environmental Body with Entrust No. 093225 Registered Charity No. 218711
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**CUMBRIA WILDLIFE TRUST LIMITED**
## **CHAIR’S REPORT**
## **YEAR ENDED 31 MARCH 2022**
Our activities this year have again been profoundly affected by the impacts of the protracted Covid-19 pandemic. Most importantly, it has been a difficult and testing time for the Trust’s members, supporters, volunteers and staff. My sympathy and best wishes go to all of those whose lives have been affected by the disease.
As we gradually returned to a more comprehensive range of activities, the Board of Trustees and our leadership team prioritised the health, wellbeing and welfare of everyone involved with our work and activities. We made strenuous efforts to take into account and accommodate people’s feelings and to consider the different views and concerns about what was safe and sensible in designing our post-Covid arrangements.
We are passionately committed to our charitable purposes and mission. They remain the same but some of our ways of working have changed radically and as an organisation, we are now much more flexible and adaptable than ever before. We have refreshed our commitment to bringing wildlife, people and local communities closer together. Our many resources and events now strike a balance between physical and online activities and continue to be very well-attended and successful. I expect that some of these may be temporary but others will become permanent and indeed we believe that they will be better for people and wildlife. The Board and our senior team are entirely focused on making sure that we maximise the outcomes that we deliver for the resources that people entrust to us and we are entirely focused on doing more and better wildlife conservation and engaging people in our precious and amazing environment.
Our nature reserves are in excellent condition; entirely thanks to the hard work of our brilliant teams of volunteers, contractors, Honorary Reserve Wardens and staff. They are some of the best places to see and enjoy special wildlife in Cumbria. We continue to work to make them even better for wildlife as the core of the future nature recovery network that we must build across Cumbria.
I hope you were one of the many hundreds of people able to visit the meadows at Bowber Head to enjoy the spectacular flowers on our latest remarkable nature reserve. We held a number of wild flower events over a three-week period in late June and early July. This included a new walks leaflet which helped visitors explore the farm before they were cut for hay in mid-July. We were delighted by the response to the Big Give Appeal to fund the next steps in the conservation of the Bowber Head meadows. Thank you to everyone who made a donation, we are extremely grateful for your generosity. The Appeal exceeded the £50,000 target and good progress has been made on the urgent restoration works, thanks to everyone’s generosity.
As part of our core mission in 2021-22, the Trust dedicated a significant proportion of its time, energy and resources to the recovery of nature and habitat restoration across extensive areas of landscape outside our nature reserve portfolio. This is really important long-term activity whereby we work closely with farmers, landowners and other partners to create the _nature recovery network_ that we so urgently need if we are to improve the fortunes for wildlife. We must rebuild the diversity and abundance of wildlife and the resilience of wild places for its own sake and the benefit of local people, visitors and communities.
Throughout the year, we have made many bids for funding to deliver a series of new practical projects and have been successful in securing investments totalling over £2 million - and that is alongside getting on with delivering the projects that were already in progress.
Our teams are leading and/or working successfully in partnership on many projects. Some of the many examples include:
- **Peatland repair and restoration:** The Trust leads the Cumbria Peat Partnership and during the year we helped establish a new initiative with Lancashire Wildlife Trust called the Northern Lowland Peat Coalition which we hope will help to attract essential funding for peatland recovery across the North West of England in the coming decades. The Great North Bog had a successful year across the North of England. The partnership attracted funding of almost £2million raised by players of the People’s Postcode Lottery. Repaired peatlands will not only lock in CO2 to stop it leaking out into the atmosphere, they will also improve water quality and reduce the risk of flooding downstream. They also create wetlands teeming with wildlife, supporting plants such as sundews, butterwort and bladderworts. This year, the Team has worked to put peatland into recovery at sites including Bampton Common, Shap Fells, Mardale Common, Matterdale Common and Grayrigg Pike.
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**CUMBRIA WILDLIFE TRUST LIMITED**
## **CHAIR’S REPORT**
## **YEAR ENDED 31 MARCH 2022**
- **Wild flower Grasslands** : **Meadowmakers** , delivered in partnership with Plantlife and funded by Defra’s **Green Recovery Challenge Fund** , has made excellent progress and all of the agreed work was completed. This included planting at Warcop, liming at Hall Farm and Hay Bridge Nature Reserve. A two-part webinar _Carbon and Grasslands_ was delivered with Plantlife and the Herefordshire Meadows Group. We’ve also been helping to deliver tasks as part of the **Westmorland Dales Landscape Partnership** and we were pleased to organise a series of events during the spring and summer months. These included Grass ID Training days at Orton Village Hall, Farmer Demo Days, a Sow and Grow day with our Gosling Sike Horticulture Manager, Bowber Head events for National Meadows Day and a Landscape day with talks for Ravenstonedale Landscape Forum.
- **Get Cumbria Buzzing!** The project has successfully delivered its practical restoration work on a large number of sites across West Cumbria this year although, due to Covid, a number of the public and community events had to be postponed. Very kindly, the National Lottery Heritage Fund approved a project extension into next year which will allow us to complete the intended programme in full. The plant nursery at Gosling Sike has been developed further and excitingly has supplied more than 9,000 own-grown plants for the project with another 40,000 in the pipeline.
- In partnership with RSWT, we received £106,000 from National Highways for grassland and other work, including community consultation at Cold Springs and other sites in and around Penrith. We will be working with our Penrith Local Support Group and local community on the project.
- With our help and involvement, **Nature North** has been awarded £500,000 (a solicited grant of £250,000 from the National Lottery Heritage Fund and £250,000 from the Esmée Fairbairn Foundation) for the next three years of its development. Cumbria Wildlife Trust is the host for the Nature North project which aims to embed the natural environment at the heart of the growth agenda for the North of England in the coming years.
- In west Cumbria, the **Cumbria Creel project,** which aims to work with local fishermen to test and use more sustainable fishing methods, has now started. Despite external delays, most of the fishing gear has now arrived and is being rigged up by the fishermen ready to commence fishing and research.
- The **My Local Catch** project has been delivering successful education and outreach sessions with schools and community groups in Whitehaven focused on promoting sustainable seafood and local marine wildlife. Sessions have included practical cooking activities under the guidance of a local demonstration chef using a range of local sustainably-caught seafood including sole, scallops, crab, mussels, cod, and sea samphire. The workshops were very well received, with excellent feedback from participants, teachers and students. Other project activities included the production of sustainable seafood recipe cards and continuing the development of the West Cumbria Marine Survey group, which has now expanded to include plankton surveys for the National Oceanography Centre in addition to the current citizen science schemes of Shoresearch, Seawatch, and The Great Eggcase Hunt.
At South Walney, the seal monitoring season finished at the end of March 2022. Seven pups were born between 27 August and 2 November 2021, bringing the total number of pups born on the reserve to 41 since the first pup was born in 2015. The maximum count was 287 seals on 24 March 2022 from the drone survey. Unfortunately, this is the lowest (annual maximum) number of seals observed for a number of years (with last years’ count being the highest annual maximum at 518 seals) and may reflect behavioural change (e.g. due to possible disturbance) rather than any real change in numbers. We will be monitoring any future changes closely.
This year, the Trust and our supporters have also made influential contributions to external affairs in Cumbria and beyond. We’ve had a strong and constructive input into the forward-looking Environment Act which became law in late 2021 and which we hope will have a profound impact on driving nature’s recovery in the county. We’ve also influenced the introduction of the new proposed Highly Protected Marine Area designation in the Irish Sea with the potential for the Allonby Bay Marine Conservation Zone to be ‘upgraded’. Thank you to the many members and supporters who responded to Government in support of this initiative. We look forward to Allonby being designated at some point in the next year or two.
Members and supporters also responded in substantial numbers with comments on The Lake District National Park Management Plan which influenced its content and strengthened actions for wildlife. The Team also provided advice to around 100 landowners and land managers around the county.
The Trust expressed its opposition to the controversial proposal for a new coal mine near Whitehaven. The Board completely understands and recognises the urgent priority for developing the economy and securing jobs
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**CUMBRIA WILDLIFE TRUST LIMITED**
## **CHAIR’S REPORT**
## **YEAR ENDED 31 MARCH 2022**
in West Cumbria but, given the overwhelming threat of climate change to society, wildlife and habitats, the Board feels that the long-term interests of tackling the global climate emergency outweigh the short-term economic benefits of this development. We are fully supportive of all development proposals that are consistent with sustaining our natural environment.
Our programme of delivering activities to promote the better understanding of the natural environment to people and local communities has been very successful again this year. Our events and engagement through projects have been well-attended and received excellent feedback.
The development of our community liaison activity in Cumbria benefitted from a grant of £10,000 as part of a solicited collective bid to the National Lottery Heritage Fund via the Royal Society of Wildlife Trusts. Our local community engagement programme is likely to be a key priority for the Trust in the coming years as we hope to support and work with local people who want to improve their local environment.
We are delighted that **The Bay: A Blueprint for Recovery** project is now underway with the appointment of a new specialist team of staff based in Barrow. The two-year project, which is funded by the People’s Postcode Lottery’s Dream Fund, is already engaging with a wide range of people in Barrow. Participants will be getting involved in a lively range of activities in the coastal and marine environment which will support the recovery of their personal mental health and wellbeing after the challenges of the Covid pandemic.
The Trust is also delighted to support one of our Apprentice Conservation Officers, Keziah Taylor, and Grassland Meadow Maker Trainee, Shannon Horrocks, in setting up their Girls on Fells initiative. They organised and ran our first ever practical conservation and craft day designed especially for 11-15 year old girls at Bowber Head in August. The girls helped to create space for a new species-rich habitat, participated in arts and craft activities and made new friends and the project continues to engage young women in environmental conservation activities.
The Trust had an excellent year in the media with widespread coverage of our projects and a number of nature reserves. Amongst several highlights, we featured on BBC Radio 4 Farming Today on several occasions and several of our projects were highlighted in Simon Reeves’ BBC2 series on the Lake District (e.g. peatland restoration, Foulshaw ospreys and Dynamic Dunescapes).
Financially, the Trust had a good year and is in a reasonably healthy position but there is no room for complacency as we brace ourselves for an uncertain economic future. Thanks to our supporters, levels of individual donations for Cumbrian wildlife increased and the Trust received several legacies from longstanding supporters for which we are extremely grateful and humbled.
We owe a huge debt of thanks to all of our Trustees, volunteers, supporters, funders and staff for their hard work and commitment to the cause of wildlife in our beautiful county.
We are especially grateful to all of our members and supporters for your wonderful support for wildlife in Cumbria in these difficult times. Without you, none of our achievements would have been possible.
Thank you.
**David Sharrod Chair**
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**CUMBRIA WILDLIFE TRUST LIMITED**
## **TRUSTEES’ REPORT**
## **YEAR ENDED 31 MARCH 2022**
The Trustees, acting as directors of the company, submit their Annual Report and Audited Accounts for the year ended 31 March 2022.
## **Objectives and activities**
The Trust’s principal activity is the conservation of wildlife in Cumbria. Cumbria Wildlife Trust was established in 1962 to look after the wildlife and wild places of Cumbria and has the following Vision, Mission and Objects:
## **Vision**
The Trust’s vision is a Cumbria which is rich in wildlife on land and in the sea, and where people are close to nature.
## **Mission**
Our mission is to bring about a nature recovery network, living seas and a society where nature matters.
## **Objects**
The Trust’s objects set out in the Memorandum of Association were modernised in 2002 and are:
- 1 For the benefit of the public to advance, promote and further the conservation, maintenance and protection of:
- (i) wildlife and habitats;
- (ii) places of natural beauty;
- (iii) places of ornithological, botanical, geographical, zoological or scientific interest; (iv) features of landscape with geological, physiographical or amenity value; in particular, but not exclusively, in ways that further biodiversity.
- 2 To advance the education of the public in: (i) the principles and practice of sustainable development; (ii) the principles and practice of biodiversity conservation.
- 3 To promote research in all branches of nature study and to publish the useful results thereof.
These objectives are central to the top three priorities of our 2020-25 Five Year Strategy which are:
## **Nature recovery and delivering nature-based solutions** _playing a leading role in tackling the wildlife crisis and climate emergency on land and sea:_
… directly through increasing the urgency, scale and scope of our work programmes and by becoming even more influential leaders of change by, for example, delivering peat, grassland and woodland restoration programmes and providing more ecological advice to farmers and landowners. We will speak up for Cumbrian wildlife and energise more people to take action to create a Wilder Cumbria and a Nature Recovery Network across the county. We will continue to increase the area of land in our care.
## **People and wildlife**
## _making wildlife and local nature even more relevant and important in the lives of people and local communities:_
… by expanding and improving our work to engage people with nature through events and learning-for-all programmes. We will improve both the physical and intellectual access to our nature reserves. We will also develop our base at Gosling Sike and its role in supporting health and wellbeing programmes in partnership with others in the City of Carlisle.
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**CUMBRIA WILDLIFE TRUST LIMITED**
## **TRUSTEES' REPORT**
## **YEAR ENDED 31 MARCH 2022**
## **Raising our game**
_to meet the scale of the challenges ahead:_
… we will improve our governance arrangements to become even more transparent and accountable in meeting the needs and expectations of our beneficiaries. We will get better at what we do and how we deliver it so we can have an even greater impact for people and wildlife.
Generating new income and resources will be key so that we can increase the scale of our work to match the scale of the wildlife crisis. We will be forward looking and invest in new IT systems and processes to improve our efficiency and effectiveness and to drive reductions in the environmental footprint of our activities. We value our people and will seek to expand our capacity and capability by recruiting more staff and volunteers and by investing in their professional training and personal development.
## **Public Benefit Statement**
The Trustees confirm that they have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers or duties.
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**CUMBRIA WILDLIFE TRUST LIMITED**
## **TRUSTEES' REPORT**
## **YEAR ENDED 31 MARCH 2022**
## **Main achievements of the year**
With well over 3,000 hectares of land under its management, species and habitat projects to run, and the population of Cumbria to inspire in the cause of protecting the county’s wildlife, Cumbria Wildlife Trust has plenty to do! We continue to be especially grateful to the many individuals and organisations who have supported our work during another successful year. Examples of the Trust’s achievements in the year are briefly summarised in the following pages which, though not exhaustive, will hopefully provide a flavour of our vital long-term work.
**----- Start of picture text -----**
Creating Wildlife Havens through bigger, better nature reserves
What we planned to do in What we plan to do in the
Some of the things we did in the year
the year next year
**----- End of picture text -----**
|**Creating Wildlife Havens through bigger, better nature reserves**|**Creating Wildlife Havens through bigger, better nature reserves**|**Creating Wildlife Havens through bigger, better nature reserves**|
|---|---|---|
|**What we planned to do in**
**the year**
**Some of the things we did in the year**
**What we plan to do in the**
**next year**|||
||||
|Ensure the success of
habitat works delivered by
**Dynamic Dunescapes**at
South Walney and Eskmeals
Dunes.
Continue work at**Staveley**
**Woodlands**including tree
growing, woodland planting,
removal of diseased larch
and engagement with the
local community.
Improve the meadows and
grassland at**Bowber Head**
through our new_Meadow_
_Makers_project.
Carry out an extensive
**capital works**programme
for eastern and southern
nature reserves.
Investigate the introduction of
grazing, bracken control and
options for managing ponds
at**Lowick Common**.
Monitor and, where
necessary, remove
potentially dangerous ash
trees.
Identify nature reserves
vulnerable to wild fire and
prepare fire plans.
Revise Management Plans
for South Walney,
Whitbarrow, Drumburgh
Moss, Meathop Moss and
Lowick Common.|**Dynamic Dunescapes**continued to create
and restore important coastal sand dune
habitats. Methods included cattle grazing to
improve the biodiversity of dune grasslands,
the creation of bare sand ‘pioneer’ habitat
and the removal of invasive species.
A temporary footpath was created to enable
public access to**Staveley Woodlands**while
a contractor removed diseased larch. 600
native trees were planted out. These were
grown at the community tree nursery and at
home by local volunteers.
Wildflower plugs were planted out at**Bowber**
**Head**meadows (including 1,265 into one
field over a 3 day period with the help of 24
volunteers). Seeds were collected and
cleaned to provide plug plants for next
season’s restoration.
Foulshaw and Meathop**capital works**were
completed by December including 10ha of
scrub clearance. New fencing and boundary
walls at Brown Robin and Barkbooth were
badly damaged by fallen trees during Storm
Arwen which badly affected Cumbria in
November; significant work is now required
to repair or replace these.
Bracken clearing at**Lowick Commo**n was
temporarily halted due to opposition from a
small group of local people which has been
resolved. Our Duddon Valley Local Support
Group have ‘adopted’ the reserve and plan
to get involved with practical works on site.
Preliminary**ash dieback**assessments
revealed a particularly worrying situation at
Smardale with approx. 250 trees showing
signs of the disease. A high percentage are
within range of the footpath or road and may
need to be felled. Reserves staff attended an
ash die back training course. The Board
approved a management and public relations
plan.|Habitat restoration through
the**Dynamic Dunescapes**
project will include the
creation of six new pools
for natterjack toads and
other specialist species at
Eskmeals Dunes.
Continue the tree planting
programme and other
activities with local
residents and volunteers. at
**Staveley Woodlands.**
Develop a plan for**Bowber**
**Head**buildings and acquire
additional fields to
consolidate important
meadow habitat.
Continue to deliver**capital**
**works**on our nature
reserves as part of
Countryside Stewardship
agreements.
Control invasive species at
**Holme Park Quarry**to
restore important limestone
pavement habitat.
Continue to monitor and
manage**ash die-back**.
Start a programme of
removing potentially
dangerous trees.
Begin to develop a climate
resilience and adaptation
plan for our nature
reserves.
Develop the opportunities
for land purchase to realise
our vision for the
**Witherslack Mosses**.|
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**CUMBRIA WILDLIFE TRUST LIMITED**
## **TRUSTEES' REPORT**
## **YEAR ENDED 31 MARCH 2022**
**----- Start of picture text -----**
Creating Wildlife Havens through bigger, better nature reserves (continued)
What we planned to do in What we plan to do in the
Some of the things we did in the year
the year next year
**----- End of picture text -----**
|**Creating Wildlife Havens through bigger, better nature reserves**(continued)|**Creating Wildlife Havens through bigger, better nature reserves**(continued)|**Creating Wildlife Havens through bigger, better nature reserves**(continued)|
|---|---|---|
|**What we planned to do in**
**the year**
**Some of the things we did in the year**
**What we plan to do in the**
**next year**|||
|Employ seasonal wardens to
monitor the important bird
breeding sites at**South**
**Walney**,**Foulney Island**and
**Rockcliffe Marsh**.
Acquire and integrate new
nature reserves in line with
the**Cumbria Local Nature**
**Recovery Strategy**.
Take over the management
of**Holme Park Quarry LNR**
and**Clawthorpe Fell NNR**.
Ensure a smooth transition to
new Countryside
Stewardship (CS)
agreements for**Bowber**
**Head**and**Staveley**
**Woodlands**.
Develop plans for the
**Foulshaw**,**Meathop**and
**Nichols mosses**including
an enhanced visitor
experience and a potential
paludiculture project to grow
sphagnum for other peatland
restoration sites.
Continue to improve access
from**Smardale**to Waitby.
Continue to explore the
possibility of creating an
access-for-all path from Kirkby
Stephen to Newbiggin-on-
Lune.
Develop a**‘****_wild_**
**_experiences’_** offer at one or
more reserves.
Develop access and provide
interpretation at**Bowber**
**Head**.
Complete access and
provide interpretation to link
the two woodlands to create
a single**Staveley**
**Woodlands Nature**
**Reserve**.|
**T**he first black-headed gull chick since 2010
fledged at**South Walney**. The number of
breeding pairs at**Rockcliffe**remained stable
but no chicks fledged this year due to heavy
predation and sheep disturbance. Despite
unprecedented predation levels at**Foulney**
the first ever pied wagtail nest fledged three
chicks and the first shell duck pair since the
1970s hatched three ducklings.
Leases were signed in September 2021 for
**Holme Park Quarry LNR**and**Clawthorpe**
**Fell NNR**; the sites encompass important
examples of limestone pavement, one of the
UK’s rarest and most vulnerable wildlife
habitats (only 2,000ha remaining nationally).
A Woodland**CS**application for**Staveley**
**Woodlands**began in January 2022. A
scheme for**Bowber Head**is being
developed with Natural England, to start in
January 2023 dependent on the outcome of
ongoing negotiations with graziers.
Following a successful land purchase,
**Nichols Moss**nature reserve has doubled in
size. Both**Foulshaw**and**Meathop**will be
part of a national monitoring scheme called
_Eyes on the Bog_. New interpretation was
installed at the Foulshaw Moss visitor cabin.
We continue to look for a suitable site for a
sphagnum nursery to grow and supply plants
to peatland restoration projects.
Footpath resurfacing at**Smardale**was
completed following delays due to contractor
availability and procuring materials.
Our first**Wildlife experience**(night-time
nature) was a huge success with fantastic
feedback from participants. A total of 121
people attended 21 events and the
experience will run again next year.
Waymarked paths were set up at**Bowber**
**Head**for the seasonal open weeks, linking to
the Public Right of Way and creating a circular
route for access to hay meadows and species-
rich banks. A leaflet was created for self-
guided meadow walks, along with welcome
banners and parking signs.
Gateways to link the two reserves at
**Staveley Woodlands**, and threshold
interpretation (including family-oriented ways
to explore the woods) were installed.|Employ seasonal wardens
to monitor the important
bird breeding sites at
**South Walney**,**Foulney**
**Island**and**Rockcliffe**
**Marsh**.
Acquire and integrate new
nature reserves in line with
the**Cumbria Local Nature**
**Recovery Strategy**.
Ensure a smooth transition
to new Countryside
Stewardship (CS)
agreements for**Eskmeals,**
**Howe Ridding and Orton**
**Moss**. Complete the
application for**Bowber**
**Head.**
Identify opportunities for
strategic acquisitions to
extend our nature reserve
holdings to support nature
recovery across the county.
Begin the restoration of the
extension to**Nichols Moss**
nature reserve, to reduce
carbon loss from drained
peatland.
Develop a new**wildlife**
**experience**at Foulshaw
Moss.
Undertake a
comprehensive review of
**interpretation and**
**signage**across all our
nature reserves.
Complete new access and
interpretation at**Staveley**
**Woodlands**to create a
single reserve from two
existing nature reserves
including creation of a
bridge and connecting
footpath.|
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**CUMBRIA WILDLIFE TRUST LIMITED**
## **TRUSTEES' REPORT**
## **YEAR ENDED 31 MARCH 2022**
**----- Start of picture text -----**
Standing up for Wildlife through conserving habitats and species and securing living seas
What we planned to do in What we plan to do in the
Some of the things we did in the year
the year next year
**----- End of picture text -----**
|**Standing up for Wildlife through conserving habitats and species and securing living seas**|**Standing up for Wildlife through conserving habitats and species and securing living seas**|**Standing up for Wildlife through conserving habitats and species and securing living seas**|
|---|---|---|
|**What we planned to do in**
**the year**
**Some of the things we did in the year**
**What we plan to do in the**
**next year**|||
||||
|**Peatland restoration:**
Lead the**Cumbria Peat**
**Partnership**and produce a
new strategy as part of the
**Great North Bog**initiative.
Carry out extensive**Peatland**
**Restoration**and secure
further funding for this.
Continue to deliver Natural
Flood Management.
Contribute to delivery of the
Thirlmere Resilience project.
**Meadow restoration:**
Restore 50ha of grassland for
the**Meadow Makers**project,
including 12ha at Bowber
Head Farm, along with some
public engagement events.
**Nature recovery:**
Support Cumbria County
Council (CCC) and Cumbria
Local Nature Partnership
(CLNP) to complete the ‘live’
Local Nature Recovery
Strategy and to create the
Nature Recovery Network
identified by the Strategy.
**Pollinator project:**
Complete the**Get Cumbria**
**Buzzing**pollinator project
and seek opportunities to
continue this work.
**Other activities:**
Assist the**BOOM**project.
Support the**Cumbria**
**Beaver Group**by managing
PR and communications, and
providing a secretariat.|**The Great North Bog**was awarded £2.7
million by the Esmée Fairbairn Foundation
across the six partnerships to support core
costs over the next five years. This will
provide an additional staff post for Cumbria
Wildlife Trust to survey and to write
restoration and management plans for
multiple sites. £400,000 was awarded by
Highways England towards peat restoration
in the Shap area, plus funds from People’s
Postcode Lottery and United Utilities. We
also received funding from the**Nature for**
**Climate Peatland Fund**for restoration works
on a number of lowland bogs in Cumbria,
especially the Solway mires.
Extensive**peatland restoration**was carried
out including in the Kent Catchment as part
of the Natural Flood Mitigation aspect of the
Kendal Flood Relief scheme, on rare valley
mire habitats at farms owned by the National
Trust at Coniston, ongoing restoration at
Shap Fells (locking in 226 tonnes of carbon
per year) and at Armboth Fells (both are
sites of Special Scientific Interest).
Our**Grasslands**project surveyed a total
area of 3ha, planted over 16,000 plugs,
restored 9.2ha of wetland and marshy
grassland, restored 5ha for the Westmorland
Dales Landscape Partnership and assessed
a further 19 fields owned by the National
Trust for restoration potential. At**Bowber**
**Head**we installed wildlife cameras and ran
events including 12 guided walks,
watercolour painting, a wildlife safari, and
trialled_Girls on Fells_, a new practical
conservation day for 11-15 year olds to
encourage young women into the
conservation sector.
The Green Recovery Challenge Fund
awarded £699,500 towards **_Planting for_**
**_Pollinators_**_,_a successor project to Get
Cumbria Buzzing which was itself extended
by six months.
**BOOM**(_Back on our Map_) progressed with
the reintroduction of sundews to our
Foulshaw and Meathop reserves, and Green-
winged orchid to Latterbarrow and Brown
Robin.|Promote nature recovery
through advocacy and
partnerships, including
**Great North Bog, Nature**
**North and the Local**
**Nature Recovery**
**Strategy**.
Deepen our understanding
of the**blue carbon**agenda
with a view to developing
projects. Produce a report.
Deliver an ambitious
**Peatland restoration**
programme.
Continue to contribute to
delivery of the**Thirlmere**
Resilience project and to
deliver natural flood
mitigation elements of the
**Kendal Flood Relief**
**Scheme**.
Deliver**Grassland**
restoration including
developing green space
access for the local
community at Cold Springs
in Penrith.
Engage with the**Local**
**Nature Recovery Strategy**
planning system to deliver
nature recovery.
Complete the**Get Cumbria**
**Buzzing**project with an
end-of-project Pollinator
conference.
Deliver the new**Planting**
**for Pollinators**project.
Continue to contribute to
the delivery of**BOOM**
(_Back on our Map_) species
reintroduction programme.
Continue to support the
**Cumbria Beaver Group**by
managing PR and
communications and
providing a secretariat.|
9
**CUMBRIA WILDLIFE TRUST LIMITED**
## **TRUSTEES' REPORT**
## **YEAR ENDED 31 MARCH 2022**
|**Standing up for Wildlife through conserving habitats and species and securing living seas**
(continued)|**Standing up for Wildlife through conserving habitats and species and securing living seas**
(continued)|**Standing up for Wildlife through conserving habitats and species and securing living seas**
(continued)|
|---|---|---|
|**What we planned to do in**
**the year**
**Some of the things we did in the year**
**What we plan to do in the**
**next year**|||
|Contribute to delivering the
**Red Alert** red squirrels
conservation project.
Develop and secure funding
for work with local
communities to deliver
activities in key nature
recovery zones.
Set up and deliver**Farm**
**Advice/Land Management**
services to support
landowners in managing land
for nature.
Partners to**Red Squirrels Northern**
**England**(including ourselves) developed a
funding bid and submitted an expression of
interest to the National Lottery Heritage Fund
(NLHF).
The Wildlife Trusts federation was successful
in a solicited collective bid to NLHF from
which we were allocated £10,000 to develop
our**_Team Wilder_ **communities programme,
which includes a 2 year Community
Development Manager post.
**Cumbria Wildlife Services**, a land
management advice consultancy, was
established with a Manager and Ecologist
now in post. Project work is under way.
Contribute to delivering the
**Red Alert** red squirrels
conservation project.
Appoint a Community
Development Manager,
establish a Community
Team and secure funding
to work with local
communities to deliver
nature recovery activities.
Develop the**Cumbria**
**Wildlife Services**
consultancy offering and
deliver associated projects.|||
|**Marine conservation:**
Continue to influence the
designation and appropriate
management of**Marine**
**Protected Areas**.
Continue to influence
improved sustainability of
fisheries and new
developments at sea,
including delivering the**My**
**Local Catch**project on
Cumbria’s west coast and
the**Cumbrian Creel** project.
Lead a collective impact work
programme through the**Irish**
**Sea Network**and deliver a
diverse marine programme
across the northwest.
Support two**Marine Interns**.
Continue long-term
monitoring programmes (e.g.
grey seals).
Identify a**seagrass**
**restoration**project (linked to
blue carbon sequestration).|We continued to lead on**Marine advocacy**
for North West Wildlife Trusts and on a newly
established Irish Sea Network; four Irish Sea
sites were proposed as**Highly Protected**
**Marine Areas**.
**My Local Catch**provided a comprehensive
programme of events and activities for west
coast schools and communities, including our
annual Seafest event, sustainable seafood
cookery demos and rockpool rambles.
Fishing gear was delivered ready for the
**Cumbrian Creel**project to commence
activity and research in the spring.
We hosted another two**Marine interns**
through the Marine Futures programme
(funded by The Crown Estate, Natural
England and Ørsted) and one of them is now
employed as our Marine Conservation
Officer. One of the projects undertaken by
the interns was a**seagrass restoration**
feasibility report for Morecambe Bay; further
research and survey priorities are now being
progressed with Natural England and we are
looking to collaborate with Lancaster
University as part of Project Seagrass.
Regular drone and land-based surveys were
undertaken to**monitor the grey seal colony**
at South Walney; the first pup was recorded
6 weeks prior to the start of the normal
breeding season but sadly didn’t survive.
Later births were more successful bringing
the total number of pups born on the reserve
to 41 since the first seals bred here in 2015.|Continue to lead a
collective impact work
programme through the
**Irish Sea Network**and
deliver a diverse marine
programme across the
northwest through our
Irish Sea**Marine**
**Advocacy**Programme
Co-ordinate a public
campaign for**Highly**
**Protected Marine Areas**.
Develop a**Marine Natural**
**Capital**project.
Progress options for a
**seagrass restoration**
project.
Support two**Marine**
**Interns**via the Marine
Futures Internship
programme.
Continue to influence
improved sustainability of
fisheries and new
developments at sea,
including delivery of**My**
**Local Catch**and the
**Cumbria Creel**projects.
Continue long-term
**monitoring**programmes
e.g. grey seals and
Shoresearch surveys).|
10
**CUMBRIA WILDLIFE TRUST LIMITED**
## **TRUSTEES' REPORT**
## **YEAR ENDED 31 MARCH 2022**
**----- Start of picture text -----**
Inspiring People to value nature and leading the way on local wildlife conservation
What we planned to do in What we plan to do in the
Some of the things we did in the year
the year next year
**----- End of picture text -----**
|**Inspiring People to value nature and leading the way on local wildlife conservation**|**Inspiring People to value nature and leading the way on local wildlife conservation**|**Inspiring People to value nature and leading the way on local wildlife conservation**|
|---|---|---|
|**What we planned to do in**
**the year**
**Some of the things we did in the year**
**What we plan to do in the**
**next year**|||
||||
|**Public engagement:**
Deliver online and face to
face events.
Continue to grow our
membership and supporters.
Continue to promote national
Wildlife Trust campaigns.
Complete the_Dynamic_
_Dunescapes_project.
Develop our role in delivering
nature-based health &
wellbeing outcomes. Deliver
_The Bay_project (tackling
social isolation alongside
nature’s recovery), further
develop Gosling Sike as a
hub for education, public
engagement and health &
wellbeing and identify other
potential projects.
Complete our_People and_
_Wildlife_ _Strategy_, linked to The
Wildlife Trusts’ outcome of
one in four people acting for
nature by 2030.
**Volunteering:**
Develop Local Support
Groups and their role.
Develop a post-COVID
action plan for bringing back
volunteers, to include a
position on vaccination
requirements for volunteering
and events.
Run an annual event for
volunteers.
Carry out at least 1,000
volunteer conservation work
days on nature reserves.
Review & update the Trust
volunteering policy and
supporting guidance.|
Following the easing of Covid-19 restrictions,
**face to face events**were able to resume.
Due to the increased reach and popularity of
last year’s digital events programme we
offered a mixed programme of in-person and
**online events**ranging from online Wildlife ID
such as our Birds for Beginners course, to
outdoor creative writing workshops and yoga
sessions in Staveley Woodlands.
It was another exceptional year for
**membership recruitment and retention**,
with a further net gain of over 1,000
members.
We delivered activity in Barrow, one of three
local hubs for**_The Bay_ project**, with a new
team in post. To date 28 referrals have been
received. After engaging in regular activity
sessions all participants reported feeling
happier and better connected. The project
also engaged with a further 1,056 people at
risk of social exclusion and isolation and held
several awareness sessions for partners and
NHS staff, raising awareness amongst
clinicians of the importance of nature
connectedness.
We continued to develop our education and
health and wellbeing activities at**Gosling**
**Sike**. In addition to volunteering opportunities
in the wildlife garden and wildflower nursery,
the site now hosts regular sessions for a
Stroke Survivor’s Group, The U3A, Carlisle
Mencap, the Community Payback Team and
a new Youth Theatre Group.
We held our annual liaison meeting for**Local**
**Support Groups**in February. The Trust
faces several challenges to sustaining the
network of local groups; the Covid pandemic
has accelerated some of the societal
changes affecting local groups (e.g. due to
the difficulty of recruiting office holders our
Sedbergh Group will cease to exist following
the recent sad death of its chair).
Our**volunteering**activities resumed with the
easing of Covid restrictions and we were able
to start advertising opportunities as normal
from the start of June. We created a new
Volunteering Co-ordinator post to manage,
support and develop our volunteering work.|Deliver a comprehensive
programme of regular
**events and activities**
through a mixed in-
person/on-line offering.
**Influence and engage**
supports and local decision
makers: deliver Wildlife
Trust campaigns, especially
around the Environment
Act targets; engage with
local MPS and with key
local government officers
(following Local
Government reform) .
Continue to deliver nature-
based health & wellbeing
outcomes through**_The Bay_**
**project**(tackling social
isolation alongside nature’s
recovery).
Deliver the_My Local Catch_
summer events
programme on the west
coast of Cumbria, including
the National Marine Week,
Seafest and Food festivals.
Celebrate the Trust’s**60th**
**anniversary**by nominating
60 ‘Nature Heroes’ and
running a series of Arts in
Nature events.
Look at how we can
continue to support our
**Local Groups**and help
them to develop their role.
Consolidate and develop
support for**volunteers**
through a new Volunteering
Co-ordinator post.
Carry out at least 1,000
volunteer**conservation**
**work days**on nature
reserves.|
11
**CUMBRIA WILDLIFE TRUST LIMITED**
## **TRUSTEES' REPORT**
## **YEAR ENDED 31 MARCH 2022**
**----- Start of picture text -----**
Inspiring People to value nature and leading the way on local wildlife conservation (continued)
What we planned to do in the What we plan to do in the
Some of the things we did in the year
year next year
**----- End of picture text -----**
|**Inspiring People to value nature and leading the way on local wildlife conservation**(continued)|**Inspiring People to value nature and leading the way on local wildlife conservation**(continued)|**Inspiring People to value nature and leading the way on local wildlife conservation**(continued)|
|---|---|---|
|**What we planned to do in the**
**year**
**Some of the things we did in the year**
**What we plan to do in the**
**next year**|||
||||
|**Education and training:**
Complete the_People and Wildlife_
_Strategy._
Oversee the delivery of a
minimum of 20**wildlife**
**workshops**through the Trust’s
education service.
Co-ordinate and manage the
Trust’s annual**Members’ and**
**Volunteers’ Conference**.
Provide three undergraduate
student**placements**and at least
two secondary school work
experience placements.
Manage the Trust’s conservation
**apprentice scheme**in
partnership with the Yorkshire
Dales Millennium Trust.
Develop and implement an
agreed action plan for**diversity**
**and inclusion**across the
organisation.
Investigate developing more
**training and development for**
**naturalists**.
Develop more**Wildlife Watch**
groups.
Look into how we could support
**local communities**to act for
nature.
Deliver**citizen science**
opportunities of the_Dynamic_
_Dunescapes_project including
surveying, species recording and
ID skills training.
Develop**education and training**
through new projects.
Develop outreach and learning
through a Foulshaw Moss /
Osprey education programme.|Our**People and Wildlife**strategy was
approved by the Board and will be
progressed by our new Community
Development Team, adopting the_Team_
_Wilder_approach. Our goal is to support 1
in 4 people across Cumbria to take more
action, more often, for wildlife by 2030.
As school visits were restricted, our
outdoor sessions and the**educational**
**activities**delivered through our projects
became even more relevant, as fieldwork
could adapt more readily to new Covid-
related guidelines.
Due to the ongoing concerns around
rising Covid infection rates, the
**Members’ Conference**was postponed.
Two**Conservation Apprenticeships**
offered on-the-job practical experience,
plus the level 3 Countryside Worker
Apprentice course. Sandwich year
**undergraduate placements**have been
offered since 2013. This year was the 4th
residential opportunity at South Walney,
assisting on the reserve and with the
_Dynamic Dunescapes_project. We also
offered**trainee positions**through our
Grasslands and_The Bay_projects.
Our youth clubs have struggled in similar
ways to our local support groups. We
currently have only one**Wildlife Watch**
club (the Kendal Kingfishers).
**Citizen science**training was developed
and delivered for_Dynamic Dunescapes._
This is a national, long-term scheme to
inform a better understanding of sand
dune ecology and effective habitat
management. The John Muir award was
delivered to schools along with sessions
to explore local nature reserves on the
doorstep, which most pupils had never
previously visited.
A successful**osprey education**project
was delivered around World Osprey
Week to 13 schools and home school
groups around Cumbria. At least three
classes from each school took part
averaging 25 students per class, plus
200 people from the wider community.|Develop and integrate
**_Team Wilder_**_:_working with
people and communities to
bring about nature
recovery.
Continue to host
**conservation**
**apprenticeships**(in
partnership with the
Yorkshire Dales Millennium
Trust).
Co-ordinate and manage
the Trust’s annual
**Members’ and**
**Volunteers’ Conference**.
Provide three
undergraduate student
**placements**and at least
two secondary school work
experience placements.
Set up at least one new
**Wildlife Watch**group.
Develop and deliver**Next**
**Door Nature**projects with
local schools.
Continue to deliver**citizen**
**science**opportunities of
the_Dynamic Dunescapes_
project including surveying,
species recording and ID
skills training.
Deliver opportunities
through_Planting for_
_Pollinators_for people to
take**action for nature**
including planting activities
within local communities,
local green spaces and
gardens plus training in
pollinator ID and recording.
Develop education and
outreach opportunities at
Foulshaw Moss.|
12
**CUMBRIA WILDLIFE TRUST LIMITED**
## **TRUSTEES' REPORT**
## **YEAR ENDED 31 MARCH 2022**
**----- Start of picture text -----**
Raising Funds and efficiently managing our resources to enable our vision and mission
What we planned to do in What we plan to do in the
Some of the things we did in the year
the year next year
**----- End of picture text -----**
|**Raising Funds and efficiently managing our resources to enable our vision and mission**|**Raising Funds and efficiently managing our resources to enable our vision and mission**|**Raising Funds and efficiently managing our resources to enable our vision and mission**|
|---|---|---|
|**What we planned to do in**
**the year**
**Some of the things we did in the year**
**What we plan to do in the**
**next year**|||
||||
|Further develop ways to
attract**natural capital**
**funding**(e.g. biodiversity net
gain, wild carbon, catchment
funding, peatland code and
blue carbon).
Develop and submit**funding**
**bids**to replace projects
which end in the next 12
months and design new
projects in light of new
approaches to online
working.
Establish a new conservation
**‘match funding’**pot.
Further progress**new**
**income streams**including
consultancy, the plant
nursery and visitor
experiences.
Implement a fundraising
campaign for conservation
work at**Bowber Head Farm**.
Launch the**regular giving**
scheme.
Implement further**back-**
**office**improvements.
Create and implement a
revised way of working which
blends office-based and
**home working**.
Combine online meetings
with face to face meetings.
Complete the**governance**
**review**and implement
recommendations.|A peat condition survey of drained and
eroding blanket bog was funded by the
Environment Agency enabling us to submit it
for**Peatland Code**verification. Work is
planned with the North Pennines AONB and
Environment Agency to trial implementation
of the code for future roll-out.
Successful**funding bids**this year included:
The Green Recovery Challenge Fund
awarded £699,500 towards_Planting for_
_Pollinators_and £179,000 for our marine
work; £106,000 from National Highways for
grassland restoration and community
development work in and around Penrith;
with our help and involvement Nature North
has been awarded £500,000 form NLHF and
£250,000 from Esmée Fairbairn Foundation -
Cumbria Wildlife Trust is the project host.
The creation of a**designated conservation**
**fund**was approved by the Board in March.
The**Bowber Head Appeal**raised over
£110,000 (double the target) to restore the
hay meadows to their former condition as
some of the best remaining examples.
**Back office**support services were improved
with additional capacity in the Finance,
Human Resources and Supporter Admin
teams.
An**agile working**policy was developed and
introduced. Hybrid**meetings**are helping to
reduce our carbon footprint
The**Governance Review**was finalised with
recommendations discussed and agreed at a
Board Away Day in November. A timetable
has been drawn up for implementing
improvements which include streamlining our
Committees and Trustee succession
planning.|Complete a**scoping**
**project**on marine net gain
and produce a report.
**Pursue funding**
**opportunities**for marine,
grassland and peatland
conservation, and to
continue pollinator work
beyond March 2023.
Embed an understanding of
**_Team Wilder_**across staff
teams and with key
stakeholders.
Deliver**Jubilee and**
**Peoples Postcode Lottery**
funding requirements.
Introduce**contactless**
**donation**points at nature
reserves.
Develop guidance for
corporate supporters
interested in funding work
around**carbon**
**sequestration**.
Implement the delivery of a
**Carbon Reduction**
**Strategy**for the Trust.
Reconvene our**events**
working group to review
and improve our offering
and to integrate event
booking software.
Improve**diversity on the**
**Board**by recruiting for two
‘Trusteeships’ for 18-25
year-olds.
Set up a new
knowledge/**expert network**
to replace the former
Conservation and
Development Committees.|
All fundraising and member recruitment activities were undertaken by Cumbria Wildlife Trust staff. The Trust is committed to the fundraising codes of practice upheld by the Fundraising Regulator and our senior fundraising staff are members of the Institute of Fundraising. Our aim is to build a long-term relationship with our supporters. Two complaints were received during the year concerning our fundraising activities; one was that a donation request was made at a talk that the complainant thought should be free to members and the other concerned the way in which a web-site donation request worked.
13
**CUMBRIA WILDLIFE TRUST LIMITED**
## **TRUSTEES' REPORT**
## **YEAR ENDED 31 MARCH 2022**
## **Financial Review**
Income for the year included a large amount of donations in support of the purchase and maintenance of the Trust’s nature reserves. These helped lift the Trust’s income for the year to £4,185,245 (2020/21 - £4,011,673). Much of that income is restricted to expenditure on specific conservation activities to be carried out in future years and is therefore held in the Trust’s funds at 31 March 2022 to facilitate conservation work in 2022/23, provide match funding for work that is not fully funded and mitigate reductions to agri-environment grants that will continue to have a significant impact over the next several years. Despite the restrictions imposed by the pandemic, the Trust’s activities expanded significantly. Total expenditure on charitable activities was 14% higher than in 2020/21.
In brief, the comparative results of the two years are as follows:
|**Financial highlights**|**2021/22**|**2020/21**|
|---|---|---|
||**£’000s**|**£’000s**|
|Income excluding legacies|3,974|3,425|
|Legacies|211|587|
|**Total income**|**4,185**|**4,012**|
|Less: Total expenditure|3,272|2,918|
|**Net income before investment gains and losses**|**913**|**1,094**|
|Gains/(losses) on investments including revaluation|||
|of investment property|341|170|
|**Net movement in funds**|**1,254**|**1,264**|
|**Total funds at the year-end**|**10,271**|**9,017**|
Gathering resources for the Trust’s expanded activities and, in particular, to fund the skilled staff who manage them, is a task that demands considerable time and expertise. Much of the funding is in the form of grants from a combination of sources including charitable trusts, the National Lottery and government bodies such as Defra, Natural England and the Environment Agency. Where these sources prove insufficient, the balance is supplied by voluntary income such as legacies, donations and membership subscriptions. Despite ongoing concerns over the impact of the pandemic on income, the year yielded another strong performance, especially in terms of donations from Trust members and other individuals. Achievements against fundraising objectives set for the year were as follows:
|re as follows:|||
|---|---|---|
||**Objective**|**Achievement**|
||**£’000s**|**£’000s**|
|Membership subscriptions|655|676|
|Donations|81|500|
|Legacies|150|211|
The total number of Trust memberships rose by 6% in the year to 8,604 at 31 March 2022. At over £650,000 the unrestricted income contributed annually in the form of membership subscriptions is essential to the Trust’s longterm financial stability. Maintaining good relations with our members is at the core of the Trust’s ethos and Trust members demonstrate a life-long commitment to our work. Many donate generously to the Trust’s work, either to support specific purposes or for use completely at the Trust’s discretion. Such one-off gifts underpinned a very encouraging level of donations in the year. Some members remember our work in their wills and have contributed significantly to annual legacy income which, although it is a volatile source of funds, has averaged more than £250,000 over the last ten years. These sources of voluntary income don’t just enable us to do many things which would not otherwise be possible but are also vital to the Trust’s long-term financial health. The Trust aims for a long-term relationship with its supporters, takes a non-aggressive approach to fundraising and is protective of the data provided to it by each individual.
## **Financial Reserves Policy and Investment Performance**
The objective of the Trust's investment policy is to avoid the erosion of its reserves by inflation and thereby increase the value of its assets to make more funds available to benefit wildlife. To this end, it invests funds for
14
**CUMBRIA WILDLIFE TRUST LIMITED**
## **TRUSTEES' REPORT**
## **YEAR ENDED 31 MARCH 2022**
the longer term which are not needed to meet short-term cash requirements and, in so doing, it will not knowingly invest in entities whose activities may reasonably be perceived to be contrary to the objects of the Trust. At the beginning of the financial year, 83% of the Trust's investment portfolio was held in the Barings Targeted Return Fund, mostly in accumulation units, and 17% in the COIF Charities Investment Fund. In August 2021 Barings closed its Targeted Return Fund which yielded approximately 4% in the five months to its closure.
Following withdrawal of the Barings Fund, the Trust has invested in income units of the COIF Charities Ethical Investment Fund. The objective of this fund is to produce a long-term total return, before costs, of CPI plus 5%. In the year to 31 March 2022 the fund returned 10.0%. CPI for the year was 7.0%.
Overall, the Trust's long-term investment portfolio, not including the investment property, produced a net gain of £46,691 during the year (2020/21 - £170,451). Following the death of the tenant of Lunds Farm, the Trust’s investment property, an independent revaluation has increased its balance sheet value by £295,000. At 31 March 2021, the combined total of the investment portfolio and the farm was £1,375,905 (31 March 2021 - £1,357,373).
## **Review of Financial Reserves**
The Trust’s Financial Reserve Policy recognises the need for a free reserve which is sufficient to manage the risks and fluctuating financial needs of the Trust and the importance of this policy is clearly demonstrated by the unexpected level of UK inflation and the related instability in the economy. The Trust defines its free reserves as those which are readily available, thus excluding fixed assets, and not restricted or designated to particular purposes. The agreed target for this reserve, which is reviewed annually, is currently set at £700,000. At 31 March 2022 free reserves were £627,924 (31 March 2021 - £600,091).
||**2021/22**|**2020/21**|
|---|---|---|
||**£’000s**|**£’000s**|
|Restricted funds held as fixed assets, mainly nature reserves|3,773|3,658|
|Restricted funds held as current assets|2,264|1,672|
|Endowment funds|75|75|
|Designated funds held as fixed assets|1,141|1,162|
|Designated funds held as investments|1,306|870|
|Designated funds held as current assets|824|722|
|Unrestricted funds held as fixed assets|260|258|
|Free reserves|628|600|
|**Total funds at the year-end**|**10,271**|**9,017**|
Restricted and designated funds held as fixed assets (primarily nature reserves and buildings) are expected to be retained by the Trust in order to carry out its charitable objectives. Restricted funds held as current assets will be expended in future years on the purposes to which they were restricted. Designated funds include funds received as “one-off” donations and legacies without any absolute restriction on their use which have been designated by the Trustees in accordance with the donors’ general preferences. Those held as current assets and investments are expected to be expended as appropriate opportunities arise. In the case of funds designated to the purchase of nature reserves it can be a number of years before suitable land becomes available.
The economic uncertainties that are being revealed for 2022/23 and beyond underline the need to safeguard financial resources that will be essential in future years. To this end, significant amounts have been designated to provide for some of the future needs presented by issues such as changes to agri-environment grant schemes, the impact of ash die-back on the Trust’s nature reserves and the importance of being able to respond quickly when there are opportunities to protect additional areas of wildlife habitat.
Further details of the restricted, designated and endowment funds are provided in notes 21 to 25 of the accounts.
## **Risk Management and Fundamental Uncertainties**
The Senior Management Team and Audit & Risk Committee conducted a Risk Management Review on behalf of the Board as part of the Trust’s annual planning and budgeting process. This was conducted in line with Charity Commission guidance CC26 - Charities and risk management, prior to submission to the Board for discussion
15
**CUMBRIA WILDLIFE TRUST LIMITED**
## **TRUSTEES' REPORT**
## **YEAR ENDED 31 MARCH 2022**
and approval. Three new risks were identified: inflation, aggression from members of the public towards staff working outdoors, and Ash die-back. ‘Loss of key staff’ was assessed as a ‘major’ risk because it has become difficult to attract applicants with the right skills. Systems and procedures in place to minimise or manage identified risks were also evaluated as part of the review. Consideration of the risks to which the charity is exposed remains a continuous process and any new or increased risks are reviewed when they are identified.
The Trustees’ reviews of the adequacy of the Financial Reserve include consideration of the Trust’s expected working capital requirements and significant risks to major income sources including a severe reduction in legacies; a major reduction in grants and donations or a major reduction in Trust membership. The Trustees are also conscious of the continuing uncertainties surrounding agri-environment grant schemes and are actively monitoring the situation and any likely effects on the Trust’s income.
## **Overview**
Despite the continued disruption caused by COVID-19 and world-wide economic uncertainties particularly during 2022, Cumbria Wildlife Trust continues to grow and much has been achieved in 2021/22. Much of the success is due to the generosity of members and other donors and to the hard work and ingenuity of staff and volunteers. The Trustees acknowledge the collective effort required to produce another productive year and congratulate the Chief Executive and his staff and many volunteers for this achievement.
## **Strategic report**
The information above including Objectives and activities, Main achievements of the year and Financial review forms the Strategic report for the purpose of the Companies Act 2006.
## **Structure, Governance and Management**
Cumbria Wildlife Trust is a registered charity (charity number 218711) incorporated as a company limited by guarantee (company number 00724133) and governed by its Memorandum and Articles of Association. The Trust was formed in 1962 as the Lake District Naturalists’ Trust and on local government re-organisation in 1974 it changed its name to the Cumbria Naturalists’ Trust. It changed its name again in 1981 to the Cumbria Trust for Nature Conservation and finally, in 1989, to Cumbria Wildlife Trust Limited.
The Trust is governed by a Board of Trustees. A Treasurer, a Secretary and the Chairs of the Trust’s Conservation and Development Committees are appointed, as Trustees, by the Board. Eight individual Trustees are elected by the Trust’s members. The Board, which meets at least six times a year, elects one of its number as Chair. The Trustees have adopted the Charity Governance Code and are guided by its principles and recommended practice for good governance.
The Chief Executive is responsible to the Chair and attends and reports to all meetings of the Board. The Board is responsible for setting the strategic direction of the Trust, particularly through the annual planning process, and approving various matters when they exceed set authority limits. Day-to-day management is delegated to the Chief Executive and, through him, to the Senior Management Team which in addition to the Chief Executive comprises the Conservation Manager, the Development Manager and the Finance and Administration Manager. The Senior Managers also report regularly to the relevant committees. Shortly prior to the first lockdown, the Board commenced a review of its governance arrangements including, in particular, the aim of identifying further improvements to the effectiveness of its committees. This process is ongoing. Together with the Trustees, the Chief Executive and Senior Management Team are the Trust’s key management personnel. The remuneration of the Chief Executive and Senior Management Team is reviewed annually by the Salaries Review Committee with reference to the annual rate of inflation and to the remuneration of similar posts in other organisations.
During the year, Cumbria Wildlife Trust Limited had one subsidiary, Wildlife Cumbria Ltd, which has been dormant since 2003.
16
**CUMBRIA WILDLIFE TRUST LIMITED**
## **TRUSTEES' REPORT**
## **YEAR ENDED 31 MARCH 2022**
## **Cumbria Wildlife Trust Environmental Body**
Cumbria Wildlife Trust is registered as an ‘Environmental Body’ which enables it to receive and distribute funds made available by landfill operators through the landfill tax credit scheme. Its income for the year was £149,531 (2020/21 - £nil).
## **Trustees**
The Trustees of Cumbria Wildlife Trust during the year are listed in the Legal and Administrative Information at the beginning of this report. Any member of the Trust not disqualified by law or other regulation can become a Trustee and nominations for Individual Trustees are submitted to the Annual General Meeting (AGM); those elected serve a four-year term. The Trust operates an eight-year rule for both Appointed and Individual Trustees. Individual Trustees are eligible to serve for two consecutive four-year terms before they must stand down. The Board of Trustees has discretion to extend the term of the Chair or any Appointed Trustee by up to four additional years.
The eight-year rule results in a regular turnover of Trustees and an ongoing process of re-vitalisation with new blood. It is rare for there to be a contested election at the AGM and the normal procedure is to carry out a regular skills audit of Trustees in order to identify skills gaps which may arise from Trustee resignations or from operation of the eight-year rule. Vacancies for Individual Trustees are often filled initially by the co-option of suitably skilled candidates who are then eligible for election at the following AGM.
Most new Trustees are longstanding Trust members and active volunteers with proven understanding of the purpose of the organisation. A formal induction process is undertaken by new Trustees who are provided with reference materials which include Charity Commission guidance. Quarterly activity reports are provided by staff to the Trustees and Board meetings include regular briefings by specialist staff on their specific areas of activity. Other ongoing training needs are met as they are identified.
## **Cumbria Wildlife Trust’s Policies**
The Board of Trustees has established a suite of policy statements. These cover nature conservation topics, such as Nature Reserve Acquisition and Disposal, Wildlife Sites, Reserve Management and Education, and operational policies covering Monetary and Financial Reserves, Equal Opportunities, Health and Safety, and Ethical Fundraising. Policies are updated on a three or five year basis and new policies are added when necessary. In the interests of openness, policies are available to members and the public on request.
## **Associated Organisations**
Cumbria Wildlife Trust is an independent autonomous charity. Each county in England and Wales, or in some instances a group of counties, has a similar charity which, together with sister charities in Scotland and Northern Ireland, come together to form The Royal Society of Wildlife Trusts (RSWT), known collectively as 'The Wildlife Trusts'. As an autonomous umbrella charity established to conserve nature nationally and support individual Wildlife Trusts, RSWT represents the individual Wildlife Trusts on a national basis and employs staff with national responsibilities.
The individual Wildlife Trusts work together both nationally and regionally to benefit wildlife although each Trust retains its independence and autonomy. The three Wildlife Trusts in the northwest region: Cumbria, Lancashire and Cheshire, work together on a small number of projects as ‘The North West Wildlife Trusts’, in partnership but not as a legal entity. Seven northern Trusts also meet together to discuss mutual benefit and collaboration. The Trust also works with a large number of other organisations in pursuing its aims and objectives and many of the Trust’s conservation projects are operated as partnerships. Partnerships with local authorities, statutory agencies and other voluntary bodies are a hallmark of the Trust’s way of working. The Trust acts as the lead partner in both the Cumbria Local Nature Partnership and the Cumbria Peat Partnership.
17
**CUMBRIA WILDLIFE TRUST LIMITED**
## **TRUSTEES' REPORT**
## **YEAR ENDED 31 MARCH 2022**
## **Statement of Trustees’ Responsibilities**
Company law requires the Trustees, as company directors, to prepare financial statements for each financial year which give a true and fair view of the affairs of the charitable company and the group; and of the surplus or deficit of the group for the year. In preparing those financial statements, the Trustees are required to: a) select suitable accounting policies and then apply them consistently; b) make judgments and estimates that are reasonable and prudent; c) prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charitable company will continue in operation.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and group and enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charitable company and the group and for ensuring their proper application under charity law and hence for taking reasonable steps for the prevention and detection of fraud or other irregularities.
So far as each of the Trustees is aware at the time the report is approved: a) there is no relevant audit information of which the Charity’s auditor is unaware, and b) the Trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditor is aware of that information.
## **Auditor**
The auditor, Crowe U.K. LLP, will be proposed for reappointment in accordance with Section 485 of the Companies Act 2006.
The Trustees have taken advantage of the small companies exemptions provided in Section 415A of the Companies Act 2006.
Approved by the Trustees on 1 November 2022.
Signed on behalf of the Trustees
Julie Barrett Registered office: Plumgarths Crook Road Kendal Cumbria LA8 8LX
18
**CUMBRIA WILDLIFE TRUST LIMITED**
## **INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS AND TRUSTEES OF CUMBRIA WILDLIFE TRUST LIMITED**
## **YEAR ENDED 31 MARCH 2022**
## **Opinion**
We have audited the consolidated financial statements of Cumbria Wildlife Trust Limited ("the charitable company") and its subsidiary (the "group") for the year ended 31 March 2022 which comprise Consolidated Statement of Financial Activities, Consolidated and Charity Balance Sheets, Consolidated Cash Flow Statement and notes to the consolidated financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
- give a true and fair view of the state of the group and charitable company’s affairs as at 31 March 2022 and of the group's incoming resources and application of resources, including its income and expenditure for the year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
- have been prepared in accordance with the requirements of the Companies Act 2006 and the Charities Act 2011.
## **Basis for opinion**
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
## **Conclusions relating to going concern**
In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
## **Other information**
The trustees are responsible for the other information contained within the annual report. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
19
**CUMBRIA WILDLIFE TRUST LIMITED**
## **INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS AND TRUSTEES OF CUMBRIA WILDLIFE TRUST LIMITED**
## **YEAR ENDED 31 MARCH 2022**
## **Opinions on other matters prescribed by the Companies Act 2006**
In our opinion based on the work undertaken in the course of our audit
- the information given in the trustees’ report, which includes the directors’ report prepared for the purposes of company law, for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the directors’ report included within the trustees’ report have been prepared in accordance with applicable legal requirements.
## **Matters on which we are required to report by exception**
In light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the directors’ report included within the trustees’ report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:
- the parent company has not kept adequate accounting records; or
- the parent company financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of trustees' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit or
- the trustees were not entitled to prepare the financial statements in accordance with the small companies’ regime and take advantage of the small companies’ exemption in preparing the trustees’ report.
## **Responsibilities of trustees**
As explained more fully in the trustees’ responsibilities statement set out on page 18, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.
## **Auditor’s responsibilities for the audit of the financial statements**
We have been appointed as auditor under section 151 of the Charities Act 2011 and under the Companies Act 2006 and report in accordance with the Acts and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists.
Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
We obtained an understanding of the legal and regulatory frameworks within which the charitable company operates, focusing on those laws and regulations that have a direct effect on the determination of material amounts and disclosures in the financial statements. The laws and regulations we considered in this context were the Companies Act 2006, Charities Act 2011 and employment legislation.
20
## **CUMBRIA WILDLIFE TRUST LIMITED**
## **INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS AND TRUSTEES OF CUMBRIA WILDLIFE TRUST LIMITED**
## **YEAR ENDED 31 MARCH 2022**
Auditing standards limit the required audit procedures to identify non-compliance with these laws and regulations to enquiry of the trustees and other management and inspection of regulatory and legal correspondence, if any.
We identified the greatest risk of material impact on the financial statements from irregularities, including fraud, to be the override of controls by management and completeness of income. Our audit procedures to respond to these risks included enquiries of management about their own identification and assessment of the risks of irregularities, sample testing on the posting of journals, reviewing accounting estimates for biases, sample testing from grant and contract documentation and a proof in total of membership fees from the membership database.
Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.
## **Use of our report**
This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006, and to the charitable company's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charitable company’s members and trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company, the charitable company’s members as a body and the charitable company's trustees as a body, for our audit work, for this report, or for the opinions we have formed.
Michael Jayson Senior Statutory Auditor For and on behalf of **Crowe U.K. LLP** Statutory Auditor The Lexicon Mount Street Manchester M2 5NT
2 November 2022
Crowe U.K. LLP is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006.
21
## **CUMBRIA WILDLIFE TRUST LIMITED**
## **CONSOLIDATED SUMMARY STATEMENT OF FINANCIAL ACTIVITIES**
## **YEAR ENDED 31 MARCH 2022**
|**Notes**
**Income and endowments**
Charitable activities:
Inspiring people
Creating wildlife havens
Standing up for wildlife
**3**
Donations, legacies and
other voluntary income
**4**
Other trading activities
**5**
Investments
**6**
Other
**7**
**Total income and endowments**
**Expenditure on:**
Charitable activities:
Inspiring people
Creating wildlife havens
Standing up for wildlife
Raising funds
**Total expenditure**
**8**
Net gains/(losses) on
investments
**16**
**Net income/(expenditure)**
Transfers between funds
**21 to 24**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**Designated**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**Total**
**2022**
**Total**
**2021**
**£**
**£**
**£**
**£**
**£**
**£**
22,339
-
170,980
-
193,319
140,729
432,332
-
709,197
-
1,141,529
769,393
116,932
-
1,625,646
-
1,742,578
1,504,249
571,603
2,505,823
-
3,077,426
2,414,371
982,251
-
68,401
-
1,050,652
1,552,720
42,660
-
-
-
42,660
31,317
9,873
-
-
1,658
11,531
9,869
2,976
-
-
-
2,976
3,396
1,609,363
-
2,574,224
1,658
4,185,245
4,011,673
289,158
3,475
141,799
-
434,432
335,641
473,986
4,709
339,621
-
818,316
732,484
204,794
8,859
1,362,507
-
1,576,160
1,422,540
967,938
17,043
1,843,927
-
2,828,908
2,490,665
415,367
4,223
23,758
-
443,348
427,252
1,383,305
21,266
1,867,685
-
3,272,256
2,917,917
342,062
-
-
(371)
341,691
170,451|
|---|---|
||568,120
(21,266)
706,539
1,287
1,254,680
1,264,207
(538,159)
539,817
-
(1,658)
-
-|
||29,961
518,551
706,539
(371)
1,254,680
1,264,207
857,825
2,753,379
5,330,388
75,191
9,016,783
7,752,576
887,786
3,271,930
6,036,927
74,820
10,271,463
9,016,783|
The statement of financial activities contains all gains and losses for the year and all activities relate to continuing operations. The profit for the purposes of the Companies Act 2006 is the net incoming resources before unrealised losses/gains. These financial statements have been prepared in accordance with FRS102.
The notes on pages 25 to 44 form part of these financial statements.
22
**CUMBRIA WILDLIFE TRUST LIMITED (Registered number: 00724133)**
## **BALANCE SHEET**
## **YEAR ENDED 31 MARCH 2022**
|**YEAR ENDED 31 MARCH 2022**||||||
|---|---|---|---|---|---|
|||**Group**||**Trust**||
||**Notes**|**2022**|**2021**|**2022**|**2021**|
|||**£**|**£**|**£**|**£**|
|**Fixed assets:**||||||
|Intangible assets|**12**|4,609|11,313|4,609|11,313|
|Tangible assets|**12**|1,485,213|1,469,669|1,485,213|1,469,669|
|Heritage assets|**13 to 15**|3,684,025|3,595,885|3,684,025|3,595,885|
|Investments|**16**|1,375,905|1,357,373|1,376,005|1,357,473|
|**Total fixed assets**||6,549,752|6,434,240|6,549,852|6,434,340|
|**Current assets:**||||||
|Stock||737|688|737|688|
|Debtors|**17**|1,266,112|1,337,680|1,266,112|1,337,680|
|Investments (term deposits)||763,086|435,276|763,086|435,276|
|Cash at bank and in hand||2,024,431|1,273,670|2,024,431|1,273,670|
|**Total current assets**||4,054,366|3,047,314|4,054,366|3,047,314|
|**Liabilities:**||||||
|Creditors: Amounts falling due within one year|**18**|(332,655)|(464,771)|(332,755)|(464,871)|
|**Net current assets**||3,721,711|2,582,543|3,721,611|2,582,443|
|**Total net assets**||10,271,463|9,016,783|10,271,463|9,016,783|
|**The funds of the charity**||||||
|Unrestricted funds:||||||
|Designated funds|**21**|3,271,930|2,753,379|3,271,930|2,753,379|
|General funds||887,786|857,825|887,786|857,825|
|Restricted funds|**22**|6,036,927|5,330,388|6,036,927|5,330,388|
|Endowment funds|**23**|74,820|75,191|74,820|75,191|
|**Total charity funds**||10,271,463|9,016,783|10,271,463|9,016,783|
In preparing these financial statements, and the notes on pages 25 to 44, the Trustees have taken advantage of the small companies exemptions provided in Section 415A of the Companies Act 2006. They were approved and authorised for issue by the Trustees on 1 November 2022 and are signed on their behalf by:
**David Sharrod** Chair
**Julie Barrett**
Treasurer
The notes on pages 25 to 44 form part of these financial statements.
23
**CUMBRIA WILDLIFE TRUST LIMITED**
## **CONSOLIDATED CASH FLOW STATEMENT**
## **YEAR ENDED 31 MARCH 2022**
|**Cash flows from operating activities:**
Net income/(expenditure) for the reporting period (as
per the statement of financial activities)
Adjustments for:
Depreciation charges
(Gains)/losses on investments
Dividends, interest and rents from investments
(Increase)/decrease in stocks
(Increase)/decrease in debtors
Increase/(decrease) in creditors
Net cash provided by/(used in) operating activities
**Cash flows from investing activities:**
Dividends, interest and rents from investments
Purchase of property, plant and equipment
Purchase of heritage assets
Proceeds from sale of investments
Purchase of investments
**Net cash provided by/(used in) investing activities**
**Change in cash and cash equivalents in the year:**
Cash and cash equivalents at the beginning of the year
**Cash and cash equivalents at the end of the year**
**Cash and cash equivalents comprise the following:**
At the end of the year:
Cash in hand
Notice deposits (less than 1 year)
**Total cash and cash equivalents at the end of the year**
At the beginning of the year:
Cash in hand
Notice deposits (less than 1 year)
**Total cash and cash equivalents at the beginning of the year**
**Note to the Cash Flow Statement: Analysis of changes in net debt**
**1 April**
**2021**
**Cash**
**Flows**
**£**
**£**
Cash and cash equivalents
Cash
1,273,670
750,761
Cash equivalents
435,276
327,810
1,708,946
1,078,571|**Cash flows from operating activities:**
Net income/(expenditure) for the reporting period (as
per the statement of financial activities)
Adjustments for:
Depreciation charges
(Gains)/losses on investments
Dividends, interest and rents from investments
(Increase)/decrease in stocks
(Increase)/decrease in debtors
Increase/(decrease) in creditors
Net cash provided by/(used in) operating activities
**Cash flows from investing activities:**
Dividends, interest and rents from investments
Purchase of property, plant and equipment
Purchase of heritage assets
Proceeds from sale of investments
Purchase of investments
**Net cash provided by/(used in) investing activities**
**Change in cash and cash equivalents in the year:**
Cash and cash equivalents at the beginning of the year
**Cash and cash equivalents at the end of the year**
**Cash and cash equivalents comprise the following:**
At the end of the year:
Cash in hand
Notice deposits (less than 1 year)
**Total cash and cash equivalents at the end of the year**
At the beginning of the year:
Cash in hand
Notice deposits (less than 1 year)
**Total cash and cash equivalents at the beginning of the year**
**Note to the Cash Flow Statement: Analysis of changes in net debt**
**1 April**
**2021**
**Cash**
**Flows**
**£**
**£**
Cash and cash equivalents
Cash
1,273,670
750,761
Cash equivalents
435,276
327,810
1,708,946
1,078,571|**2022**
**2021**
**£**
**£**
1,254,680
1,264,207
69,524
63,978
(341,691)
(170,451)
(11,531)
(9,869)
(49)
-
71,568
(724,210)
(132,116)
372,045
910,385
795,700
11,531
9,869
(78,365)
(33,622)
(88,140)
-
895,057
-
(571,897)
-
168,186
(23,753)
1,708,946
936,999
2,787,517
1,708,946
2,024,431
1,273,670
763,086
435,276
2,787,517
1,708,946
1,273,670
501,723
435,276
435,276
1,708,946
936,999
**Non-cash**
**changes**
**31 March**
**2022**
**£**
**£**
-
2,024,431
-
763,086|
|---|---|---|
||1,708,946
1,078,571|-
2,787,517|
The notes on pages 25 to 44 form part of these financial statements.
24
**CUMBRIA WILDLIFE TRUST LIMITED**
## **NOTES TO THE ACCOUNTS**
## **YEAR ENDED 31 MARCH 2022**
## **1. ACCOUNTING POLICIES**
Cumbria Wildlife Trust is a private charitable company limited by guarantee. Further information is included on page 1.
## **Basis of Accounting**
The financial statements have been prepared under the historical cost convention, with the exception of fixed asset investments which are valued at their market value at the balance sheet date. The financial statements have been prepared in accordance with the Statement of Recommended Practice 2015 “Accounting and Reporting by Charities” (Revised October 2019), the Companies Act 2006 and Financial Reporting Standard 102 (FRS102). The Trustees consider the charity to be a public benefit entity.
## **Going concern**
The COVID-19 pandemic had a significant, immediate impact on the Trust’s operations which, during the ‘lockdowns’ were significantly reduced. However, steps taken to utilise the various support mechanisms instigated by the UK government and other funders proved very successful in mitigating the potential impact of the pandemic on the Trust’s income streams.
The Trust meets its ordinary working capital requirements through its free reserves the level of which is reviewed at least annually to account for identified risks and working capital requirements which are assessed according to annual budgets, forecasts and changes as they occur. At the year-end, the Trust’s free reserves were £627,924, just above the minimum level set by the Trustees.
Having regard to the above, the Trustees believe it is appropriate to adopt the going concern basis of accounting in preparing the financial statements.
## **Basis of Consolidation**
These financial statements consolidate the results of the charity and its wholly-owned subsidiary Wildlife Cumbria Limited on a line by line basis. They also include, on a line by line basis, the results of the Trust’s support groups and affiliate groups, as detailed in note 27. A separate Statement of Financial Activities, or income and expenditure account, has not been prepared for the charity itself as permitted by section 408 of the Companies Act 2006.
## **Fund Accounting**
Cumbria Wildlife Trust’s accounts are an amalgamation of over one hundred individual funds. These divide into legally distinct categories which are defined as follows:
## _Unrestricted Funds_
Unrestricted or general funds are expendable at the discretion of the Trustees in furtherance of the objects of the charity.
## _Designated Funds_
Designated funds have been set aside out of unrestricted funds and are designated by the Trustees for specific purposes.
## _Restricted Funds_
Restricted funds are funds subject to specific trusts or conditions which are declared or made by the donor, or with the authority of the donor (e.g. an appeal). Details of the funds and of the restrictions are given in the notes to the accounts.
## _Endowment Funds_
Endowment funds are capital funds which the Trust is legally prevented from spending and must retain intact as part of the Trust’s capital. These endowment funds are held in fixed asset investments and interest-bearing bank accounts to provide income for the Trust’s activities.
25
**CUMBRIA WILDLIFE TRUST LIMITED**
## **NOTES TO THE ACCOUNTS**
## **YEAR ENDED 31 MARCH 2022**
## **1. ACCOUNTING POLICIES (continued)**
## **Incoming Resources**
Life and annual membership subscriptions are included in full in the period they are received.
Restricted income is included in the restricted income and expenditure account when receivable.
Where the donor requires the sum to be invested to provide income for the Trust’s purposes, it is treated as an endowment gift. Endowments are credited to income when receivable.
Donations under Gift Aid, together with the associated income tax recovery, are recognised as income when the donation is made.
Each legacy and bequest entitlement is recognised as an incoming resource once a reasonably reliable estimate of its value can be made and when it is reasonably certain of ultimate receipt.
Grants receivable for activities are credited to income upon entitlement.
Incoming resources in the form of donated assets (other than cash) are included in income at market value and, where appropriate, they are capitalised.
Income from the Trust’s lottery is recognised in the accounting period to which it relates.
Contract income is earned from the provision of services to other organisations and is recognised in the year in which it is earned rather than when it is received.
Cash in transit is included as income where it was in the post or was being transferred to the Trust’s bank account at the year end.
## **Deferred Income**
Where lottery income is received in advance of the period to which it relates, that income is recognised on the balance sheet as deferred income until such time as it is receivable.
## **Resources Expended**
All expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities. Where costs cannot be directly attributed to particular activities they have been allocated on a basis consistent with the use of the resources.
Cost of raising funds comprises the costs associated with attracting voluntary income and the costs of other income generation.
Charitable expenditure comprises direct expenditure including direct staff costs attributable to the Charity's activities. Where costs cannot be directly attributed, they have been allocated to activities on a basis consistent with the use of resources as detailed below.
Governance costs include those costs incurred in the governance of the Charity's assets and are associated with constitutional and statutory requirements.
Support costs include the central functions and have been allocated to activity cost categories on the basis of staff numbers.
## **Pensions**
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity. Costs of providing pensions are charged to the Income and Expenditure Account in the period in which contributions are made, in accordance with FRS102.
26
**CUMBRIA WILDLIFE TRUST LIMITED**
## **NOTES TO THE ACCOUNTS**
## **YEAR ENDED 31 MARCH 2022**
## **1. ACCOUNTING POLICIES (continued)**
## **Fixed Assets and Depreciation**
Depreciation is not provided on freehold and long leasehold land or land acquired by the Trust for nature reserves.
Nature reserves are considered to be heritage assets.
Long leasehold is considered to have a useful life of more than 50 years.
Depreciation is provided on all tangible fixed assets, other than land and nature reserves, at rates calculated to write off the cost or fair value less estimated residual value of each asset over its expected useful life as follows:
Freehold Buildings 2% to 5% per annum straight line Computer Equipment 33% per annum straight line Plant & Equipment 20% per annum straight line Motor Vehicles 25% per annum straight line
Freehold buildings are depreciated to write down the cost less estimated residual value over the remaining useful life in equal annual instalments.
Intangible fixed assets are amortised at rates calculated to write off the cost or fair value of each asset over its expected useful life as follows:
Computer Software
20% per annum straight line
Donated assets, other than nature reserves, are included at fair value at the date of acquisition. It is the policy of the Trustees to expense minor additions to fixed assets, defined as those costing less than £2,000, in the year in which they are incurred.
## **Heritage Assets**
The nature reserves held by the Trust for the furtherance of its charitable activities are disclosed as heritage assets within the balance sheet. Nature reserves that have been acquired recently have been recognised at cost where the Trust has purchased the asset or market value where the land has been gifted to the Trust. Nature reserves acquired before 1990 were not capitalised at the time of acquisition and are recognised at market value ascertained by the Trustees with reference to current agricultural land values. The Trust’s management policy in respect of its heritage assets is summarised in Note 15. The costs of maintaining the heritage assets are expensed through the Statement of Financial Activities as incurred, as part of the Trust's charitable activities.
Further information on heritage assets is given in Notes 13, 14, 15 and 30 to the accounts.
## **Investments**
Fixed asset investments are stated at their market value at the balance sheet date with any gain or loss on revaluation being recognised in the Statement of Financial Activities in the period. Current asset investments are deposits which, at the balance sheet date, are available at less than one year’s notice.
The Trust’s investment property, Lunds Farm, is stated at fair value as determined by an external professional valuation as at 31 March 2022.
## **Financial Instruments**
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.
27
**CUMBRIA WILDLIFE TRUST LIMITED**
## **NOTES TO THE ACCOUNTS**
## **YEAR ENDED 31 MARCH 2022**
## **1. ACCOUNTING POLICIES (continued)**
## **Judgments in applying accounting policies and key sources of estimation uncertainty**
The company makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are addressed below.
## **Useful economic lives of tangible and intangible assets**
The annual depreciation charge for tangible and intangible assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are re-assessed annually. They are amended when necessary to reflect current estimates, based on technological advancement, future investments, economic utilisation and the physical condition of the assets. The Trustees do not consider that enhancements to nature reserves made for the purpose of improving their conservation value, or for ease of access, increase their economic value and they are therefore not capitalised. See note 12 for the carrying amount of the property plant and equipment, and the Fixed Assets and Depreciation section (above) of this note for the useful economic lives for each class of assets.
28
**CUMBRIA WILDLIFE TRUST LIMITED**
## **NOTES TO THE ACCOUNTS**
## **YEAR ENDED 31 MARCH 2022**
## **2. CONSOLIDATED SUMMARY STATEMENT OF FINANCIAL ACTIVITIES FOR THE PREVIOUS YEAR**
|**Notes**
**Income and endowments**
Charitable activities:
Inspiring people
Creating wildlife havens
Standing up for wildlife
**3**
Donations, legacies and other
voluntary income
**4**
Other trading activities
**5**
Investments
**6**
Other
**7**
**Total income and endowments**
**Expenditure on:**
Charitable activities:
Inspiring people
Creating wildlife havens
Standing up for wildlife
Raising funds
**Total expenditure**
**8**
Net gains/(losses) on
investments
**Net income/(expenditure)**
Transfers between funds
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**Designated**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**Total**
**2021**
**£**
**£**
**£**
**£**
**£**
2,439
-
138,290
-
140,729
473,347
-
296,046
-
769,393
75,562
-
1,428,687
-
1,504,249|
|---|---|
||381,628
-
1,893,523
-
2,414,371
1,220,406
-
332,314
-
1,552,720
31,317
-
-
-
31,317
7,559
-
-
2,310
9,869
3,396
-
-
-
3,396|
||1,412,244
-
1,927,487
2,830
4,011,673|
||242,293
3,222
90,126
-
335,641
440,273
4,949
287,262
-
732,484
310,465
25,465
1,086,610
-
1,422,540|
||884,300
34,414
1,021,411
-
2,490,665
308,859
4,545
113,848
-
427,252|
||1,344,639
39,910
1,021,411
-
2,917,917|
||161,121
-
-
9,330
170,451|
||(1,571)
(39,910)
906,076
(7,049)
1,264,207
(715,690)
718,000
-
(2,310)
-|
||(8,059)
(38,449)
913,933
(9,879)
1,264,207
900,258
2,073,560
4,712,897
65,861
7,752,576|
||892,199
2,035,111
5,626,830
55,982
9,016,783|
The statement of financial activities contains all gains and losses for the year and all activities relate to continuing operations. The profit for the purposes of the Companies Act 2006 is the net incoming resources before unrealised gains and losses. These financial statements have been prepared in accordance with FRS102.
29
**CUMBRIA WILDLIFE TRUST LIMITED**
## **NOTES TO THE ACCOUNTS**
## **YEAR ENDED 31 MARCH 2022**
## **3. INCOME FROM CHARITABLE ACTIVITIES**
## **Year to 31 March 2022**
|Inspiring people
Creating wildlife havens
Standing up for wildlife|**Unrestricted**
**grants**
**Restricted**
**grants**
**Donations**
**Landfill**
**tax credit**
**income**
**Other**
**income**
**Total**
**2022**
**£**
**£**
**£**
**£**
**£**
**£**
10,880
148,282
29,432
-
4,725
193,319
379,820
304,364
388,507
29,531
39,307
1,141,529
5,097
1,536,151
6,261
80,000
115,069
1,742,578
395,797
1,988,797
424,200
109,531
159,101
3,077,426|
|---|---|
## **Year to 31 March 2021**
|Inspiring people
Creating wildlife havens
Standing up for wildlife|**Unrestricted**
**grants**
**Restricted**
**grants**
**Donations**
**Landfill**
**tax credit**
**income**
**Other**
**income**
**Total**
**2021**
**£**
**£**
**£**
**£**
**£**
**£**
-
89,878
48,440
-
2,411
140,729
449,250
209,188
88,914
-
22,041
769,393
-
1,381,160
48,242
-
74,847
1,504,249
449,250
1,680,226
185,596
-
99,299
2,414,371|
|---|---|
The above grants were receivable during the year and any residual balances are included in debtors or cash in hand and at bank as appropriate.
## **4. GENERAL GRANTS, DONATIONS, LEGACIES AND OTHER VOLUNTARY INCOME**
|Donations
Legacies
Coronavirus job retention scheme grant
Other grants
Membership subscriptions
**Membership subscriptions**
Subscriptions received
Business support scheme|**2022**
**2021**
**£**
**£**
75,164
73,911
211,350
586,635
1,535
142,589
61,391
117,556
701,212
632,029
1,050,652
1,552,720
676,452
624,729
24,760
7,300
701,212
632,029|
|---|---|
The Trust has been notified to expect a legacy from the will of John Stuart Frost, the amount of which has yet to be determined and has not been included as income of the year to 31 March 2022.
## **5. OTHER TRADING ACTIVITIES**
|Trading income
Lottery income
Fundraising events|**2022**
**2021**
**£**
**£**
17,199
8,321
18,949
19,734
6,512
3,262
42,660
31,317|
|---|---|
30
**CUMBRIA WILDLIFE TRUST LIMITED**
## **NOTES TO THE ACCOUNTS**
## **YEAR ENDED 31 MARCH 2022**
## **6. INCOME FROM INVESTMENTS**
|**INCOME FROM INVESTMENTS**|||
|---|---|---|
|Interest and dividends
Rental from investment property
**OTHER INCOME**
Local support groups
Other miscellaneous income
**EXPENDITURE**
**Year to 31 March 2022**
**Expenditure on charitable activities:**
Inspiring people
Creating wildlife havens
Standing up for wildlife
**Total**
**Expenditure on raising funds**
**TOTAL EXPENDITURE**
**Year to 31 March 2021**
**Expenditure on charitable activities:**
Inspiring people
Creating wildlife havens
Standing up for wildlife
**Total**
**Expenditure on raising funds**
**TOTAL EXPENDITURE**|**Activities**
**undertaken**
**directly**
**£**
326,352
676,058
1,300,638|**2022**
**2021**
**£**
**£**
7,531
5,475
4,000
4,394
11,531
9,869
**2022**
**2021**
**£**
**£**
2,976
20
-
3,376
2,976
3,396
**Support**
**costs**
**Total**
**2022**
**£**
**£**
108,080
434,432
142,258
818,316
275,522
1,576,160
525,860
2,828,908
100,736
443,348
626,596
3,272,256
**Support**
**costs**
**Total**
**2021**
**£**
**£**
94,804
335,641
145,613
732,484
241,051
1,422,540
481,468
2,490,665
111,361
427,252
592,829
2,917,917|
||2,303,048
342,612||
||2,645,660||
||**Activities**
**undertaken**
**directly**
**£**
240,837
586,871
1,181,489||
||2,009,197
315,891||
||2,325,088||
## **7. OTHER INCOME**
## **8. EXPENDITURE**
Support costs are allocated on the basis of the number of full time equivalents engaged in each activity.
31
**CUMBRIA WILDLIFE TRUST LIMITED**
## **NOTES TO THE ACCOUNTS**
## **YEAR ENDED 31 MARCH 2022**
|**8.**
**EXPENDITURE (continued)**
**ACTIVITIES UNDERTAKEN DIRECTLY**
**Expenditure on charitable activities**
Personnel costs
Contractors, materials and equipment
Publications and information
Events
Depreciation
Other costs
**Expenditure on raising funds**
Trading costs
Membership scheme costs
Lottery costs
Fundraising costs
Total cost of activities undertaken directly
**MEMBERSHIP SCHEME COSTS**
Personnel costs
Membership magazines and other materials
Postage, IT and other office costs
Depreciation
Other costs
**SUPPORT COSTS**
**Governance costs**
Personnel costs
Professional indemnity insurance
Auditor's remuneration
Other governance costs
**Other support costs**
Personnel costs
Property expenses
Royal Society of Wildlife Trusts levy
Postage, IT and other office costs
Insurance
Depreciation
Other costs|**2022**
**2021**
**£**
**£**
1,222,737
1,018,543
994,893
919,072
35,593
30,904
18,272
3,382
25,639
19,943
5,914
17,353
2,303,048
2,009,197
2,661
4,056
277,348
248,669
10,729
11,421
51,874
51,745
342,612
315,891
2,645,660
2,325,088
169,685
144,949
54,555
44,814
33,046
41,504
6,704
6,704
13,358
10,698
277,348
248,669
**2022**
**2021**
**£**
**£**
30,037
32,411
4,152
3,528
12,004
11,962
1,688
2,327
47,881
50,228
345,628
327,500
72,835
61,644
34,730
32,941
38,370
41,137
25,184
23,867
37,182
37,332
24,786
18,180
626,596
592,829|
|---|---|
32
**CUMBRIA WILDLIFE TRUST LIMITED**
## **NOTES TO THE ACCOUNTS**
## **YEAR ENDED 31 MARCH 2022**
## **9. NUMBERS AND EMOLUMENTS OF STAFF**
|Staff costs are broken down as follows:
Payroll costs
Training including bursaries
Other staff costs
Volunteer expenses|**2022**
**2021**
**£**
**£**
1,743,069
1,528,517
28,865
11,148
41,009
25,068
2,844
1,600
1,815,787
1,566,333|
|---|---|
|analysed by function, was:
**Charitable activities:**
Inspiring people
Creating wildlife havens
Standing up for wildlife
**Raising funds**
**Support**
The average number of employees in the year,|**2022**
**Total**
**number**
**Full-time**
**equivalent**
9
7
12
9
22
18
8
7
11
9
62
50|**2021**
**Total**
**number**
**Full-time**
**equivalent**
7
5
10
8
16
13
8
6
11
8
52
40|
|---|---|---|
One member of staff received emoluments totalling more than £60,000 (2020/21: one). The total remuneration of the Chief Executive and three Senior Managers in the period was £202,970 (2020/21: £195,302).
A stakeholder pension scheme with Aviva is available to Trust staff. Pension costs have been allocated to activities and funds according to the work undertaken by each member of staff.
## **10. TRUSTEES' REMUNERATION, EXPENSES AND DONATIONS**
The Trustees of the Charity did not receive any remuneration during the period (2020/21: £nil). No travel and subsistence expenses were claimed by Trustees or paid on their behalf (2020/21: £nil).
Donations received from three members of the Board totalled £6,200 (2020/21: total donations of £20,655 received from three Board members.)
## **11. RELATED PARTY TRANSACTIONS**
David Sharrod, the Chair of Trustees of Cumbria Wildlife Trust, was Chief Executive of Yorkshire Dales Millennium Trust during the year but exercised no control over the award of grants to Cumbria Wildlife Trust. During the year ended 31 March 2022, the Trust received income from Yorkshire Dales Millennium Trust totalling £10,656 (2020/21: £3,000) and paid £67 to Yorkshire Dales Millennium Trust (2020/21: £nil).
33
**CUMBRIA WILDLIFE TRUST LIMITED**
## **NOTES TO THE ACCOUNTS**
## **YEAR ENDED 31 MARCH 2022**
## **12. FIXED ASSETS Group and Trust**
|**Cost**
At 1 April 2021
Additions
Disposals
At 31 March 2022
**Depreciation**
At 1 April 2021
Charge for the year
Depreciation on disposals
At 31 March 2022
**Net book value**
At 31 March 2022
At 31 March 2021|**Tangible assets**
**Property**
**Equipment**
**Vehicles**
**£**
**£**
**£**
1,497,027
348,135
83,280
-
78,365
-
-
-
-
1,497,027
426,500
83,280
124,072
261,608
73,093
25,589
30,735
6,497
-
-
-
149,661
292,343
79,590
1,347,366
134,157
3,690
1,372,955
86,527
10,187|**Intangible**
**assets**
**Total**
**Software**
**£**
**£**
1,928,442
33,522
78,365
-
-
-
2,006,807
33,522
458,773
22,209
62,821
6,704
-
-
521,594
28,913
1,485,213
4,609
1,469,669
11,313|
|---|---|---|
Intangible assets shown above is computer software used in the adminstration of the organisation. Based on its specification and the Trust's plans, the Trustees expect the software to have a useful life of at least five years. Amortisation of the software is shown as membership scheme costs in Note 8 and thus as expenditure on raising funds in the Statement of Financial Activities.
The net book value at 31 March 2022 represents fixed assets used for:
|||**Tangible assets**|**Tangible assets**||**Intangible**|
|---|---|---|---|---|---|
||||||**assets**|
||**Property**|**Equipment**|**Vehicles**|**Total**|**Software**|
||**£**|**£**|**£**|**£**|**£**|
|**Charitable activities**||||||
|Inspiring people|-|1,218|-|1,218|-|
|Creating wildlife havens|35,581|19,908|3,690|59,179|-|
|Standing up for wildlife|-|77,923|-|77,923|-|
||35,581|99,049|3,690|138,320|-|
|**Generating funds**||||||
|Fundraising|-|8,855|-|8,855|-|
|Membership|-|-|-|-|4,609|
||-|8,855|-|8,855|4,609|
|**Headquarters**|1,311,785|26,253|-|1,338,038|-|
||1,347,366|134,157|3,690|1,485,213|4,609|
34
**CUMBRIA WILDLIFE TRUST LIMITED**
## **NOTES TO THE ACCOUNTS**
## **YEAR ENDED 31 MARCH 2022**
## **13. HERITAGE ASSETS Group and Trust**
|**HERITAGE ASSETS**
**Group and Trust**||
|---|---|
|**Cost or valuation**
At 1 April 2021
Additions
At 31 March 2022
**Net book value**
At 31 March 2022
At 31 March 2021|**£**
3,595,885
88,140|
||3,684,025|
|||
||3,684,025|
||3,595,885|
## **14. FIVE YEAR FINANCIAL SUMMARY OF HERITAGE ASSET TRANSACTIONS Group and Trust**
|**Group and Trust**||
|---|---|
|**Additions:**
Purchases
Donations
**Total**|**2022**
**2021**
**2020**
**2019**
**2018**
**£**
**£**
**£**
**£**
**£**
88,140
-
-
121,671
23,044
-
-
372,000
-
76,500|
||88,140
-
372,000
121,671
99,544|
There were no disposals during this period.
## **15. HERITAGE ASSETS ACQUISITION AND MANAGEMENT POLICY**
Cumbria Wildlife Trust owns some of the finest wildlife habitats in Cumbria and many of these are of national and European importance. Twenty four of the Trust’s nature reserves are scheduled as Sites of Special Scientific Interest under the Wildlife and Countryside Act. Fifteen of the Trust’s nature reserves are also of international importance being designated as Special Areas of Conservation and four of these are also Special Protection Areas and/or Ramsar Sites. The Trust manages two of the finest limestone pavements in Europe at Hervey Reserve on Whitbarrow and at Hutton Roof Crags, four of the finest lowland raised mires in Europe at Drumburgh Moss, Foulshaw Moss, Meathop Moss and Nichols Moss and five internationally important coastal sites at South Walney, Eskmeals, Rockcliffe Marsh, Humphrey Head and Foulney Island. Eycott Hill is both a Geological and Biological SSSI. It is the type locality for the Eycott Hill Volcanics Group and is important in understanding the formation of the Lake District. The upland mires at Eycott are nationally important and considered some of the best in the country. Many of the Trust’s other reserves are nationally significant such as Clints Quarry, a former limestone quarry; Orton Moss, Newton Reigny Moss, Burnsbeck Moss and Hale Moss are all important mossland sites; woodland and grassland at Smardale are also of national interest. Other reserves contain important examples of ancient woodland such as at Barkbooth, Grubbins Wood and Brown Robin, or flower rich grassland as at Bowber Head Farm, Latterbarrow and Waitby Greenriggs.
35
**CUMBRIA WILDLIFE TRUST LIMITED**
## **NOTES TO THE ACCOUNTS**
## **YEAR ENDED 31 MARCH 2022**
## **15. HERITAGE ASSETS ACQUISITION AND MANAGEMENT POLICY (continued)**
The Trust has for many years operated a detailed Nature Reserves Acquisition Policy which is regularly reviewed and updated. This requires that land proposed for acquisition by purchase or to be accepted as a gift is itself of significant wildlife benefit or enhances the wildlife benefit derived from land already managed by the Trust. Other matters taken into account include access, ease of management and funding for the purchase and annual management costs. Some of the Trust’s existing reserves do not meet the current acquisition criteria. However, there is a presumption against disposal of such sites except where the costs of continued essential management are likely to be considerable or the Trust is not the owner of the land but holds it on a lease or management agreement, or if it is abundantly clear that the site is never likely to meet the criteria of ecological quality and integrity.
The Trust’s Nature Reserves Management Policy is directed towards maintaining and/or enhancing features identified as important for wildlife. This entails keeping up-to-date management plans, which are implemented by specialist staff, honorary reserves managers and volunteers, and monitoring the effectiveness of work carried out. Where appropriate, monitoring activities include counting bird populations, annual butterfly transects and assessing plant populations. The policy includes endeavouring to ensure safe access to reserves for quiet enjoyment and educational use in accordance with the Trust’s Reserves Access Policy which presumes in favour of open access where practicable. Further information is contained in Note 30 and in the Trust’s Nature Reserves Guide which is available from the registered office.
36
**CUMBRIA WILDLIFE TRUST LIMITED**
## **NOTES TO THE ACCOUNTS**
## **YEAR ENDED 31 MARCH 2022**
## **16. FIXED ASSET INVESTMENTS Analysis of investments at 31 March 2022 by fund**
|**Group**
Market value at 1 April 2021
Additions/(disposals)
Net investment gains/(losses)
Market value at 31 March 2022
Cost at 31 March 2022
**Trust**
Market value at 1 April 2021
Additions/(disposals)
Net investment gains/(losses)
Market value at 31 March 2022
Cost at 31 March 2022|**Investment**
**Property**
**Subsidiary**
**companies**
**Total**
**£**
**£**
**£**
325,000
-
1,357,373
-
-
(323,159)
295,000
-
341,691
1,032,373
**Investment**
**Portfolio**
**£**
(323,159)
46,691|
|---|---|
||620,000
-
1,375,905
755,905|
||-
-
671,897
671,897|
||**Investment**
**Property**
**Subsidiary**
**companies**
**Total**
**£**
**£**
**£**
325,000
100
1,357,473
-
-
(323,159)
295,000
-
341,691
**Investment**
**Portfolio**
**£**
1,032,373
(323,159)
46,691|
||620,000
100
1,376,005
755,905|
||-
100
671,997
671,897|
During 2016, the Trust was bequeathed a farm under the will of Helga Frankland. The farm, which at that time was independently valued at £325,000 on the basis that there was a sitting tenant, is not considered to be suitable for use as a nature reserve. It has therefore been treated as an investment property to be held by the Trust until it was no longer tenanted. Following the death of the tenant, the farm has been independently revalued as at 31 March 2022.
## **Subsidiary Companies**
The charity held the following subsidiary company, registered in the England and Wales as company no. 01951495, which was dormant in the period.
**Main Trading Activity % share held** Wildlife Cumbria Limited Dormant 100
The surplus of the unconsolidated parent is the same as the consolidated entity, being £1,254,680.
## **Analysis of investment portfolio at 31 March 2022 by category of holding**
|Unit trusts
Total listed investments
Unlisted investments|**Group**
**Trust**
**Group**
**Trust**
**2022**
**2022**
**2021**
**2021**
**£**
**£**
**£**
**£**
755,905
755,905
1,032,373
1,032,373
755,905
755,905
1,032,373
1,032,373
-
100
-
100
755,905
756,005
1,032,373
1,032,473|
|---|---|
The market values of the Trust's investments at 31 March 2022 were as follows:
|COIF Investment Fund - Accumulation Units
COIF Ethical Investment Fund - Income Units|**% of total**
**£**
**holding**
564,907
74.7
190,998
25.3|
|---|---|
||755,905
100.0|
37
**CUMBRIA WILDLIFE TRUST LIMITED**
## **NOTES TO THE ACCOUNTS**
## **YEAR ENDED 31 MARCH 2022**
## **17. DEBTORS**
|Trade debtors
Grants receivable
Prepayments and accrued income
Other debtors|**Group**
**Trust**
**Group**
**Trust**
**2022**
**2022**
**2021**
**2021**
**£**
**£**
**£**
**£**
38,597
38,597
13,614
13,614
910,411
910,411
778,636
778,636
310,370
310,370
545,280
545,280
6,735
6,735
150
150
1,266,112
1,266,112
1,337,680
1,337,680|
|---|---|
No provision for bad debts was deemed necessary at 31 March 2022.
## **18. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Trade creditors
Taxation and social security
Other creditors
Accruals and deferred income
Deferred income included above (Group and Trust)|**Group**
**Trust**
**Group**
**Trust**
**2022**
**2022**
**2021**
**2021**
**£**
**£**
**£**
**£**
142,219
142,219
177,997
177,997
43,048
43,048
34,021
34,021
761
861
-
100
146,627
146,627
252,753
252,753
332,655
332,755
464,771
464,871
**At 1 April Released in**
**Received**
**At 31 March**
**2021**
**in the Year**
**in the Year**
**2022**
2,692
(2,692)
6,763
6,763|
|---|---|
Deferred income represents grants received prior to commencement of the related activities and payments made in advance for entries in the Trust's lottery.
## **19. FINANCIAL INSTRUMENTS**
|Investments
Investments (term deposits)
Cash at bank and in hand
Trade debtors
Other receivables
Financial liabilities measured at amortised cost:
Trade creditors
Other creditors
Financial assets that are debt instruments
measured at amortised cost:
Financial assets at fair value through the
Statement of Financial Activities:|**Group**
**Trust**
**Group**
**Trust**
**2022**
**2022**
**2021**
**2021**
**£**
**£**
**£**
**£**
755,905
756,005
1,032,373
1,032,473
763,086
763,086
435,276
435,276
2,024,431
2,024,431
1,273,670
1,273,670
38,597
38,597
13,614
13,614
917,145
917,145
778,786
778,786
3,743,259
3,743,259
2,501,346
2,501,346
142,219
142,219
177,997
177,997
43,809
43,909
34,021
34,121
186,028
186,128
212,018
212,118|
|---|---|
The fair value of the financial assets at the balance sheet date has been based on the market price.
38
**CUMBRIA WILDLIFE TRUST LIMITED**
## **NOTES TO THE ACCOUNTS**
## **YEAR ENDED 31 MARCH 2022**
## **20. TRADING SUBSIDIARY - WILDLIFE CUMBRIA LIMITED**
The Trust has one wholly-owned trading subsidiary which is incorporated in England and Wales as company registration no. 01951495.
|**Balance Sheet**
Debtors
Total current assets
**Net Assets**
**Capital and Reserves**|**2022**
**2021**
**£**
**£**
100
100
100
100
100
100
100
100|
|---|---|
## **21. DESIGNATED FUNDS**
The unrestricted income funds of the Trust include the following designated funds which have been put aside out of unrestricted funds by the Trustees for specific purposes.
|**Designated for:**
Buildings, Vehicles and
Equipment
Creating Wildlife Havens
Standing up for Wildlife
Life membership fund|**At 1 April 2021**
**At 31 March 2022**
**Current**
**assets**
**Fixed**
**assets**
**Designated**
**this year**
**Utilised/**
**realised**
**Current**
**assets**
**Fixed**
**assets**
**£**
**£**
**£**
**£**
**£**
**£**
-
883,427
-
20,147
24,504
838,776
326,284
1,097,933
539,067
135
654,657
1,308,492
395,891
40,000
-
-
135,891
300,000
-
9,844
750
984
9,610
-|
|---|---|
||722,175
2,031,204
539,817
21,266
824,662
2,447,268|
The Trust has a policy of designating part of the legacies received each year to provide for future land purchases and other planned improvements. Additionally, where a donor has not restricted a donation but has indicated a preference for the way in which a legacy or other donation is to be spent, the Trust designates such amounts to specific purposes in accordance with the donor's wishes. The Trust's numerous designated fund balances at the end of the period, as summarised above, are held for the following purposes:
Buildings, Vehicles and Equipment - for the purchase or maintenance of the Trust's buildings and equipment. Funds held as current assets are expected to be expended during the next two years.
Creating Wildlife Havens - for the purchase and management of the Trust's nature reserves. Current assets will be expended as suitable opportunities arise.
Standing up for Wildlife - for the Trust's conservation work other than the purchase and management of the Trust's nature reserves. Expenditure of these funds is planned to take place over the next three years.
Life membership fund - life membership income received each year is added to this fund to be released over ten years.
The value of Fixed Assets shown above includes Heritage Assets and Investments.
39
**CUMBRIA WILDLIFE TRUST LIMITED**
## **NOTES TO THE ACCOUNTS**
## **YEAR ENDED 31 MARCH 2022**
## **22. RESTRICTED FUNDS**
|**Fund name**
Creating Wildlife Havens
Standing Up for Wildlife
Living Seas
Inspiring people
Conservation Legacy Fund
Other Funds
**Restricted funds total**|**Current**
**assets**
**Fixed**
**assets**
**Income**
**Expenditure**
**Current**
**assets**
**Fixed**
**assets**
**£**
**£**
**£**
**£**
**£**
**£**
516,695
3,508,826
666,074
339,621
777,125
3,574,849
949,400
26,729
1,509,607
1,261,763
1,204,284
19,689
60,983
6,035
123,463
88,744
48,583
53,154
110,094
1,706
180,503
141,799
149,286
1,218
33,927
-
-
12,000
21,927
-
1,486
114,507
94,577
23,758
62,920
123,892
**At 1 April 2021**
**At 31 March 2022**|
|---|---|
||1,672,585
3,657,803
2,574,224
1,867,685
2,264,125
3,772,802|
The Trust's restricted funds have been received from a variety of donors as grants or donations to support the Trust's work of protecting or enhancing wildlife species and habitats and educating others to do the same. Except where anonymity has been requested, the principal donors in this financial period are listed in note 31 and the activities to which the grants are restricted are as listed in the table above. Where funds have been received in advance of expenditure, it is expected that they will be expended within one year of receipt and they are therefore held by the Trust in readily accessible interest-bearing accounts. Where funds have been applied to purchase land or equipment, the value at the balance sheet date is shown in the column headed Fixed Assets.
Further details of individual funds are available from the Trust's registered office.
## **23. PERMANENT ENDOWMENT FUNDS**
|||**Incoming**||||**Transfers to**||
|---|---|---|---|---|---|---|---|
||**At 1 April**|**endow-**||**Investment**|**Gain/(Loss)**|
**general**|**At 31 March**|
||**2021**|**ments**||**Income**|**on reval'n**|**funds**|**2022**|
||**£**|**£**||**£**|**£**|**£**|**£**|
|Mary Miles: any sums over||||||||
|£5,000 for general Trust use|5,000||-|1|-|(1)|5,000|
|Kirby Fund: income for||||||||
|general Trust use|70,191||-|1,657|(371)|(1,657)|69,820|
||75,191||-|1,658|(371)|(1,658)|74,820|
Transfers are made to unrestricted funds from endowment funds where the income earned on the fund is not subject to any restrictions.
## **24. TRANSFERS BETWEEN FUNDS**
Transfers have been made from unrestricted funds to designated funds to safeguard funds for specific purposes identified by the Trustees. In 2021/22 the Trustees transferred £539,817 from unrestricted funds to designated funds for future expenditure.
Transfers are made to unrestricted funds from endowment funds where the income earned on the fund is not subject to any restrictions.
40
**CUMBRIA WILDLIFE TRUST LIMITED**
## **NOTES TO THE ACCOUNTS**
## **YEAR ENDED 31 MARCH 2022**
## **25. ANALYSIS OF NET ASSETS BY FUNDS**
## **At 31 March 2022 (Group)**
|Fixed Assets
Fixed Asset Investments
Current Assets
Current Liabilities|**Unrestricted**
**funds**
**Designated**
**Funds**
**Restricted**
**funds**
**Endowment**
**funds**
**Total funds**
**£**
**£**
**£**
**£**
**£**
259,862
1,141,183
3,772,802
-
5,173,847
-
1,306,085
-
69,820
1,375,905
960,579
824,662
2,264,125
5,000
4,054,366
(332,655)
-
-
-
(332,655)|
|---|---|
||887,786
3,271,930
6,036,927
74,820
10,271,463|
**At 31 March 2021 (Group)**
|**At 31 March 2021 (Group)**||
|---|---|
|Fixed Assets
Fixed Asset Investments
Current Assets
Current Liabilities|**Unrestricted**
**funds**
**Designated**
**Funds**
**Restricted**
**funds**
**Endowment**
**funds**
**Total funds**
**£**
**£**
**£**
**£**
**£**
257,734
1,161,330
3,657,803
-
5,076,867
417,308
869,874
-
70,191
1,357,373
647,554
722,175
1,672,585
5,000
3,047,314
(464,771)
-
-
-
(464,771)|
||857,825
2,753,379
5,330,388
75,191
9,016,783|
The net assets stated above are also those of the Trust. However, unrestricted funds of the Trust include an additional £100 of investments and £100 of current liabilities due to its investment in its dormant subsidiary.
## **26. CAPITAL COMMITMENTS**
At 31 March 2022, amounts contracted for but not provided in the financial statements amounted to £8,598.
## **27. LOCAL AND SPECIAL INTEREST GROUPS**
The Trust has eight local support groups based across Cumbria which organise events and raise money for the Trust. The Trust also has special interest groups comprised of individuals interested in a particular aspect of nature conservation. Due to the Coronavirus pandemic, very few events took place in the year. Those groups which raised or spent funds using separate bank accounts during 2021/22 have prepared accounts to 31 March 2022. These figures are summarised below and have been incorporated into the Trust’s financial statements within cash at bank and in hand.
|Local support groups
Special interest groups|**At 1 April**
**2021**
**Income**
**Expenditure**
**At 31 March**
**2022**
**£**
**£**
**£**
**£**
2,703
2,976
1,749
3,930
5,301
15,068
958
19,411|
|---|---|
||8,004
18,044
2,707
23,341|
## **28. COMPANY LIMITED BY GUARANTEE**
The Trust is limited by guarantee and does not have a share capital. The liability of each member is limited to a maximum of £1.
41
**CUMBRIA WILDLIFE TRUST LIMITED**
## **NOTES TO THE ACCOUNTS**
## **YEAR ENDED 31 MARCH 2022**
## **29. ENVIRONMENTAL BODY**
The Trust has been approved as an Environmental Body (reg. no. 093225) for the purpose of handling and distributing funds made available by landfill operators under current legislation. Under that legislation a government agency, 'ENTRUST', oversees the operations of Environmental Bodies and applies a levy to fund its own operations. The movement of funds (including opening balances) is included in the SOFA and Consolidated Balance Sheet. Details of the income and expenditure on a cash basis for the year, before consolidation, are summarised below:
## **Income & Expenditure Account**
|**Income & Expenditure Account**
Transfers in from other Environmental Bodies
Grants distributed
**Surplus/(deficit) of income over expenditure**
**Balance Sheet**
Bank balances
Debtors
Current assets
Creditors due within one year
**Net assets**
**Represented by:**
Accumulated revenue surplus brought forward
Surplus/(deficit) for the year
Accumulated revenue surplus carried forward|**2022**
**2021**
**£**
**£**
149,531
-
115,153
20,002
34,378
(20,002)
**2022**
**2021**
**£**
**£**
34,876
498
-
-
34,876
498
-
-
34,876
498
498
20,500
34,378
(20,002)
34,876
498|
|---|---|
**Movement in funds held for expenditure on projects by Cumbria Wildlife Trust during the Year**
|Income received from other environmental bodies
**Total income available**
Expenditure on projects by Cumbria Wildlife Trust
**Funds held at 31 March**
**Projects funded by landfill operators during the Year**
**Funder/Project**
CWMET: Osprey Nesting Project
CWMET: The Swifts - Get Cumbria Buzzing
FCC: South Walney Reserve - access improvements; gull protection
CWMET: Growing for Nature’s Recovery
Income available from previous years|**CWMET**
**FCC**
**Total**
**£**
**£**
**£**
120,000
29,531
149,531
498
-
498
120,498
29,531
150,029
(85,622)
(29,531)
(115,153)
34,876
-
34,876
**Entrust No.**
**Expended**
**Allocated**
**£**
**£**
093225.088
498
-
093225.089
80,000
-
093225.090
29,531
-
093225.091
5,124
34,876
115,153
34,876|
|---|---|
42
**CUMBRIA WILDLIFE TRUST LIMITED**
## **NOTES TO THE ACCOUNTS**
## **YEAR ENDED 31 MARCH 2022**
## **30. NATURE RESERVES AT 31 MARCH 2022**
Cumbria Wildlife Trust started managing nature reserves as early as 1963 and has continued acquiring reserves ever since. It currently manages 47 reserves extending to 3,314 hectares. 1,257 hectares are owned by the Trust whilst 2,057 hectares are held under lease, licence or management agreement. The reserves are distributed across the county and cover most Cumbrian habitats including raised mires, limestone pavements, coastal sites, woodlands, grasslands and wetlands. The following table includes details of all of the Trust's nature reserves.
|**Reserve name**|**Owned (O) **|**Purchase (P)**|**Date of**|**Area**|**Grid**|**Main Habitat**|
|---|---|---|---|---|---|---|
||**Leased (L)**|**or Gift (G)**|**Acquisition**|**(Hectares) **|**Reference**||
|Allan Willson|O|P|1987|1.8|NY457526|Woodland|
|Argill Woods|O|P|1984/1986|7.4|NY844141|Woodland|
|Augill Pasture|L||1998/2000|2.8|NY817147|Grassland|
|Barkbooth Lot|O/L|G/P|1975/2004/07/08/|27.3|SD415906|Grassland/Woodland|
|Boathouse Field|O|G|1979|0.7|NY253231|Carr|
|Bowber Head Farm|O|G|2020|36.0|NY736033|Grassland|
|Bowness-On-Solway|O|G|1966/1976|7.3|NY207618|Scrub/Open Water|
|Brown Robin|O|G|1977|26.9|SD415790|Woodland|
|Burns Beck Moss|O|P|1995|15.1|SD595880|Mire|
|Christcliff|O|G|1984|0.4|NY185007|Mire|
|Clawthorpe|O|G|1996|2.0|SD535781|Grassland|
|Clawthorpe Fell|L||2021|11.3|SD537787|Limestone Pavement|
|Clints Quarry|O|P|1984|9.2|NY009124|Quarry|
|Drumburgh Moss|O|P|1981/2013|132.5|NY256590|Mire|
|Dubbs Moss|O|P|1972|7.4|NY104288|Grassland|
|Enid Maples|O|G|1970|2.8|SD526897|Woodland|
|Eskmeals|L||1971|67.0|SD087944|Sand Dune|
|Eycott Hill|O|P|2013|216.0|NY387295|Upland Mosaic|
|Foulshaw Moss|O|P|1998/2000/2017|360.0|SD460820|Mire|
|Foulney Island|L||1974|145.7|SD243655|Shingle Island|
|Gosling Sike Farm|O|G|2009 to 2012|14.6|NY416039|Grassland/Woodland|
|Grubbins Wood|L||1975|9.3|SD445780|Woodland|
|Hale Moss|O|P|1972|2.9|SD510776|Fen|
|Hervey|O/L|P|1970|100.0|SD442871|Grassland/Pavement|
|Holme Park Quarry|L||2021|4.8|SD538782|Grassland/Scrub|
|Howe Ridding Wood|L||1998|28.8|SD435876|Woodland|
|Humphrey Head|L||1992|23.0|SD391738|Cliff/Grassland|
|Hutton Roof|O|P/G|1977/1992|99.0|SD550780|Grassland/Pavement|
|Ivy Crag Wood|O|G|1969|1.6|NY245265|Woodland|
|Juniper Scar|O|G|1986|0.4|NY475012|Scrub|
|Latterbarrow|O|P|1986|4.0|SD440828|Grassland|
|Lowick Common|O|G|2017|106.0|SD290846|Grassland|
|Meathop Moss|O/L|P|1963/1998/2000|82.7|SD445820|Mire|
|Newton Reigny|O|G|1969|0.3|NY478312|Fen|
|Next Ness|O|P|1991|2.0|SD302787|Woodland|
|Nichols Moss|O|P|2000/2021|12.6|SD430830|Mire|
|Orton Moss|O/L|G|1979/1997/2009|18.1|NY338543|Woodland|
|Park Wood|L||1998|14.7|SD567781|Woodland/Grassland|
|Rockliffe Marsh|L||1969|1,120.0|NY340637|Saltmarsh|
|Smardale Gill|O|P|1978/1991/2016|49.3|NY703054|Woodland/Grassland|
|South Walney|L||1963|487.0|SD215620|Shingle|
|Staveley Woodlands|O/L|P/G|1969/95/2000/18|23.0|SD477984|Woodland|
|Tarn Sike|O|P|1981|2.6|NY665076|Grassland/Scrub|
|Thacka Beck|L||2011|5.9|NY507307|Woodland|
|Waitby Greenriggs|O|P|1981|4.4|NY757086|Grassland|
|Willow Pond|O|G|1982|0.2|NY346002|Pond|
|Wreay Woods|L||1990|17.7|NY444500|Woodland|
43
**CUMBRIA WILDLIFE TRUST LIMITED**
## **NOTES TO THE ACCOUNTS**
## **YEAR ENDED 31 MARCH 2022**
## **31. SUPPORTERS OF CUMBRIA WILDLIFE TRUST**
The many achievements in the year would not have been possible without generous and wide-ranging financial assistance from the Trust’s supporters. Thanks go to individual members, corporate members, donors, grantgiving organisations and legators. Some of those supporters are listed below.
## **Contributors of grants, donations, etc. during the year:**
Allerdale Borough Council Maritime and Fisheries Fund Crown Estates National Lottery Heritage Fund Cumbria County Council Natural England Cumbria Waste Management Environment Trust Newsquest - The Gannett Foundation David Family Foundation Orsted Power (UK) Limited Defra People’s Postcode Lottery Eden District Council Rees Jefferys Road Fund Education & Skills Funding Agency Royal Society for the Protection of Birds Environment Agency Sea-Changers Esmée Fairbairn Foundation Social Enterprise Academy European Outdoor Conservation Association The National Trust FCC Communities Fund The Woodland Trust Groundwork UK (Tesco bags of help) Ticket Tailor Ltd Highways England United Utilities inov-8 Vine House Farm John Ellerman Foundation Yorkshire Dales Millennium Trust Lake District National Park Authority Yorkshire Dales National Park Authority Lakeland Trails
Donations were also received from many Cumbria Wildlife Trust members and other individuals towards a large number of projects, nature reserves and special appeals.
## **Legators:**
Legacies were received from the wills of the following individuals whose generous gifts will support wildlife and wild places in Cumbria. The Trust would like to gratefully thank and acknowledge them and their families:
|Joyce Bell|Sidney Clare
Audrey Cockshott|
|---|---|
|David Hill|Anne Hollingsworth
Michael Lamb|
|Marjorie Mellor|Christine Nuttall
David Smith|
|Gillian Thorne|John Watmough
Valerie Whincup|
|**Corporate members during**|**the year:**|
|Platinum members|inov-8, Lyon Equipment|
|Gold members|Dalefoot Compost, The Roselands Charitable Trust, United Utilities|
|Silver members|Cyclife UK Ltd, H&H Reeds Printers Ltd, WCF Ltd|
|Bronze members|Arnison Heelis Solicitors, Cedar Manor Hotel, Center Parcs, The Cumbria|
||Grand Hotel, Holiday Cottages.co.uk, Lafarge Tarmac, O’Neil Architects, Storrs|
||Hall Hotel, University of Cumbria|
|Standard members|Aggregate Industries, AlpKit, Cumbria Property Services, English Lakes Ice|
||Cream, Fern Howe Guest House, Fortis Remote Technology, Good Life Cottage|
||Company,
TheLakeDistrict.org,
Lakeland
Cottage
Company,
Lakeland|
||Hideaways, Lakeland Limited, Lakelovers, Langdale Leisure Ltd, Wildroof|
||Landscapes|
|Complimentary members|Aerial Artwork, Cumbria Waste Management, Edie and Beau, Radiata Trees,|
||2 Sisters Food Group, Ticket Tailor, Vine House Farm|
44