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2022-03-31-accounts

Page
Reference and administrative details 1-2
Chair's
annual
report
Trustees'
report		 4-18
Trustees'
responsibilities		 statement 19
Independent
auditor's
report		 20-24
Consolidated
statement		 offinancial activities 25
Consolidated
balance sheet		 26-27
Company
balance sheet		 28-29
Consolidated
cash flow		 statement 30
Notes to the financial
statements		 31-57

Trustees Trai Anfield
Eveline Brunton
Derek Coates, Treasurer and Chair of Finance and Risk Committee
Patricia Cresswell
Graham
Gill, Vice Chair		 and Chair of Nature Recovery Committee
Ailsa Hobson, Secretary
lan Jackson
Michael Jeffries
Nigel Porter, Chair ofTrustees
Karen Statham, Vice Chair and Chair ofGovernance and Compliance Committee
Company registered
number 00717813
Charity registered
number 221819
Registered office The Garden
House
StNicholas Park
Jubilee Road
Newcastle
upon		 Tyne
Tyne and Wear
NE3 3XT
Company secretary Ailsa Hobson
Chief executive officer Mike Pratt
Bankers Royal Bank ofScotland
31 Grey Street
Newcastle
upon		 Tyne
NE1 6ES
Solicitors Hay 8 Kilner
Merchant
House
30 Cloth Market
Newcastle
upon		 Tyne
NE1 1EE

Unrestricted Restricted Total Total
funds funds funds funds
2022 2022 2022 2021
Note E
Income from:
Donations
and legacies		 767,317 3,301,180 4,068,497 1,985,869
Charitable
activities		 104,840 243,359 348,199 256,394
Other trading
activities		 976,637 1,546 978,183 768,923
Investments 154 154 140
Other income 17,073 17,073 4,563
Total income 1,866,021 3,546,085 5,412,106 3,015,889
Expenditure
on:
Raising funds 1,168,855 2,114 1,170,969 913,095
Charitable
activities		 333,503 1,874,365 2,207,868 1,801,364
Other expenditure 17 9,601 9,601 1,963
Total expenditure 1,511,959 1,876,479 3,388,438 2,716,422
Net income 354,062 1,669,606 2,023,668 299,467
Transfers
between		 funds 18 (184,814) 184,814
Net movement
in		 funds 169,248 1,854,420 2,023,668 299,467
Reconciliation
of		 funds:
Total funds brought forward 5,585,546 214,770 5,800,316 5,500,849
Net movement
in funds		 169,248 1,854,420 2,023,668 299,467
Total funds carried forward 5,754,794 2,069,190 7,823,984 5,800,316

Note 2022f 2021
Fixed assets
Intangible
assets		 10 1,436 3,591
Tangible assets 11 7,052,689 5,103,696
7,054,125 5,107,287
Current assets
Stocks 13 10,626 2,688
Debtors 14 788,133 582,523
Cash at bank and in hand 849,955 816,964
1,648,714 1,402,175
Creditors: amounts falling due within one
year 15 (830,264) (618,942)
Net current assets 818,450 783,233
Total assets less current liabilities 7,872,575 5,890,520
Creditors: amounts falling due after more
than one year 16 (4,112) (55,326)
Provisions
for liabilities		 17 (44,479) (34,878)
Total net assets 7,823,984 5,800,316
Charity funds
Restricted
funds		 18 2,069,190 214,770
Unrestricted
funds
General funds 18 2,923,352 2,754,104
Revaluation
reserve		 18 2,831,442 2,831,442
Total unrestricted funds 18 5,754,794 5,585,546
Total funds 7,823,984 5,800,316

2022 2021
Note
Fixed assets
Tangible assets 11 6,862,977 4,923,586
Investments 12 5,002 5,002
6,867,979 4,928,588
Current assets
Stocks 13 10,626 2,688
Debtors 14 626,055 414,098
Cash at bank and in hand 601,704 631,731
1,238,385 1,048,517
Creditors: amounts falling due within one
year 15 (703,126) (501,585)
Net current assets 535,259 546,932
Total assets less current liabilities 7,403,238 5,475,520
Creditors: amounts falling due after more
than one year (4,112) (55,059)
Net assets 7,399,126 5,420,461
Total net assets 7,399,126 5,420,461
Charity funds
Restricted
funds		 2,193,435 214,770
Unrestricted
funds
General funds 3,433,562 3,433,562
Revaluation
reserve		 1,772,129 1,772,129
Total unrestricted funds 5,205,691 5,205,691
Total funds 7,399,126 5,420,461

2022 2021
P
Cash flows from operating activities
Net cash used
in operating		 activities 272,595 408,974
Cash flows from investing activities
Purchase oftangible
fixed assets		 (135,695) (35,830)
Net cash used in investing activities (135,695) (35,830)
Cash flows from financing activities
Cash inflows from new borrowing 50,000
Repayments
of borrowing		 (105,000) (45,000)
New finance leases 6,040
Repayment
offinance leases		 (4,949)
Net cash (used in)/provided by financing activities (103,909) 5,000
Change
in cash and cash		 equivalents in the year 32,991 378,144
Cash and cash equivalents at the beginning ofthe year 816,964 438,820
Cash and cash equivalents at the end of the year 849,955 816,964

iation
is		 provided
on		 the following bases:
Freehold property - 2% straight line
Long-term leasehold property - 2% straight line
Furniture, fittings and equipment- 25% straight line
Motor vehicles - 25% reducing balance
External fixtures and fittings —25% straight line
Computer equipment —50%straight line

Unrestricted Restricted Total
funds funds funds
2022 2022f 2022
Donations 66,009 2,030,415 2,096,424
Legacies 29,367 33,235 62,602
Grants 317,173 1,138,809 1,455,982
Sponsorship and membership subscriptions 354,768 98,721 453,489
Total2022 767,317 3,301,180 4,068,497
Unrestricted Restricted Total
funds funds funds
2021 2021 2021
E F
Donations 64,086 171,560 235,646
Legacies 71,000 95 71,095
Grants 501,047 773,369 1,274,416
Sponsorship and membership suscriptions 336,665 68,047 404,712
Total2021 972,798 1,013,071 1,985,869

Unrestricted Restricted Total
funds funds funds
2022
F		 2022 2022f
Charitable activities 104,840 243,359 348,199
Unrestricted Restricted Total
funds funds funds
2021 2021 2021
f E E
Charitable activities 68,255 188,139 256,394

Unrestricted Restricted Total
funds funds funds
2022
f		 2022
f		 2022
Sales 773,434 773,434
Visitor trading and similar income 203,203 1,546 204,749
976,637 1,546 978,183
Unrestdcted Restricted Total
funds funds funds
2021 2021 2021
E E
Sales 688,620 688,620
Visitor trading and similar income 77,771 2,532 80,303
766,391 2,532 768,923

Expenditur e
on raising funds - summary
2022 2021
P E
Costs ofraising funds 281,162 198,303
Fundraising trading expenses 133„945 92,706
Subsidiary trading costs 755,862 622,086
1,170,969 913,095

Unrestricted Restricted Total
funds funds funds
2022
f		 2022
f		 2022
Travel, training &recruitment 875 875
Leaflets and publishing 21,155 21,155
Legal and professional 6,519 1,762 8,281
Office & project costs 22,360 22,360
Wages and salaries 228,491 228,491
279,400 1,762 281,162

Unrestricted Restricted Total
funds funds funds
2021 2021 2021
Travel, training 8 recruitment 9 9
Leaflets and publishing 4,348 4,348
Legal and professional 578 578
Office 8 project costs 8,886 3,433 12,319
Wages and salaries 180,842 180,842
Depreciation 207 207
194,870 3,433 198,303
Unrestricted Restricted Total
funds funds funds
2022 2022f 2022
F
Visitor cost ofsales and other fundraising costs 54,632 352 54,984
Support costs allocated to trading activities 78,961 78,961
133,593 352 133,945

Unrestricted Restricted Total
funds funds funds
2021 2021 2021
E E
Visitor cost ofsales and other fundraising costs 9,400 24,507 33,907
Support costs allocated to trading activities 58,799 58,799
68,199 24,507 92,706

Unrestricted Total
funds funds
2022 2022
E
Cost ofsales 194,552 194,552
Administration expenses 79,369 79,369
Cost ofsales staff costs 232,584 232,584
Administration staff costs 232,822 232,822
Depreciation 16,535 16,535
755,862 755,862

Unrestricted Total
funds funds
2021 2021
Cost ofsales 158,009 158,009
Administration expenses 80,940 80,940
Cost ofsales staff costs 184,544 184,544
Administration staff costs 191,040 191,040
Depreciation 7,553 7,553
622,086 622,086

Activities
undertaken Support Total
directly costs funds
2022 2022f 2022f
1,695,303 512,565 2,207,868
Activities
undertaken Support Total
directly costs funds
2021 2021 2021
E E
1,309,814 491,550 1,801,364

Total Total
funds funds
2022 2021
F
Staff costs 897,216 755,099
Depreciation 69,609 73,325
Direct project costs 525,519 289,751
Travel 62,639 34,652
Training 8 recruitment 13,530 12,687
Legal 5 professional 79,905 139,684
Overheads, publishing and office costs 46,885 4,616
1,695,303 1,309,814

Total Total
funds funds
2022 2021
F E
Staff costs 300,914 170,806
Depreciation 2,674
Travel 128 9,131
Training
and		 recruitment 1,240 4,739
Legal and professional 17,591 83,652
Overheads, publishing and office costs 123,164 151,950
Premises and utilities 58,674 42,519
Governance costs 10,854 26,079
512,565 491,550

Group Group Company Company
2022 2021 2022 2021
E
Wages and salaries 1,609,852 1,302,397 1,205,810 976,321
Social security costs 123,088 100,150 91,131 73,417
Contribution to defined contribution pension
schemes 159,087 132,477 129,680 109,702
1,892,027 1,535,024 1,426,621 1,159,440
Group Group
2022 2021
No. No.
All staff 64 54
Group Group
2022 2020
No. No.
Business and management 7 5
Charitable activities 38 31
Fundraising and publicity 7 6
Subsidiary 12 12
64 54
Group Group
2022 2021
No. No.

10. Intangible
assets
Group
Computer
software
F
Cost
At 1 April 2021 10,773
At 31 March 2022 10,773
Amortisation
At 1 April 2021 7,182
Charge for the year 2,155
At 31 March 2022 9,337
Net book value
At 31 March 2022 1,436
At 31 March 2021 3,591

External Furniture,
Land and fixtures and fittings and Motor
buildings fittings equipment vehicles Total
Cost or valuation
At 1 April 2021 5,347,492 623,715 486,428 225,924 6,683,559
Additions 1,952,250 15,975 37,269 30,201 2,035,695
At 31 March 2022 7,299,742 639,690 523,697 256,125 8,719,254
Depreciation
At 1 Apni 2021 339,514 601,957 460,876 177,516 1,579,863
Charge for the year 21,846 10,470 23,084 31,302 86,702
At 31 March 2022 361,360 612,427 483,960 208,818 1,666,565
Net book value
At 31 March 2022 6,938,382 27,263 39,737 47,307 7,052,689
At 31 March 2021 5,007,978 21,758 25,552 48,408 5,103,696

External Furniture,
Land and fixtures and fittings and Motor
buildings fittings
f		 equipment
f		 vehicles Total
Cost or valuation
At 1 April 2021 5,186,012 623,167 436,182 210,943 6,456,304
Additions 1,952,250 15,975 13,287 30,201 2,011,713
At 31 March 2022 7,138,262 639,142 449,469 241,144 8,468,017
Depreciation
At 1 April 2021 339,514 596,693 433,768 162,743 1,532,718
Charge for the year 21,846 10,470 8,704 31,302 72,322
At 31 March 2022 361,360 607,163 442,472 194,045 1,605,040
Net book value
At 31 March 2022 6,776,902 31,979 6,997 47,099 6,862,977
At 31 March 2021 4,846,498 26,474 2,414 48,200 4,923,586
Group Group
2022f 2021
Freehold land 3,041,440 1,141,440
Freehold property 1,008,034 1,032,929
4,049,474 2,174,369

Investments
in
subsidiary
Company companiesf
Cost
At 1 April 2021 5,002
At 31 March 2022 5,002
Net book value
At 31 March 2022 5,002
At 31 March 2021 5,002

Group Group Company Company
2022 2021 2022 2021
F E F
Goods for resale 10,626 2,688 10,626 2,688

Group Group Company Company
2022f 2021 2022
f		 2021
Due within one year
Trade debtors 634,319 449,576 522,515 331,066
Other debtors 7,075 14,827 7,075 10,667
Prepayments and accrued income 118,072 85,281 96,465 72,365
Tax recoverable 28,667 32,839
788,133 582,523 626,055 414,098

Creditors: Amounts fallin g due within one y ear (continued)
Group Group Company Company
2022f 2021f 2022f 2021f
2022f 2021 2022f 2021
Other loans 55,000 55,000
Trade creditors 310,699 281,463 300,619 261,502
Amounts
owed to group undertakings		 47,803 21,420
Corporation
tax		 4,317
Other taxation
and social security		 108,396 91,999 60,2&9 40,028
Obligations
under finance		 lease and hire
purchase
contracts		 4,908 2,870 4,908 2,870
Other creditors 13,774 3,858 3,424
Accruals and deferred income 388,170 183,752 286,083 120,765
830,264 618,942 703,126 501,585
Group Group Company Company
2022f 2021
f		 2022
f		 2021
E
Deferred income at 1 April 2021 41,500 41,500 41,500 41,500
Resources deferred during the year 224,003 224,003
Amounts
released from previous		 periods (41,500) (41,500)
224,003 41,500 224,003 41,500

Group Group Company Company
2022 2021f 2022 2021
E
Bank loans 50,000 50,000
Net obligations under finance lease and hire
purchase contracts 4,112 5,059 4,112 5,059
Government grants received 267
4,112 55,326 4,112 55,059

Deferred taxati on
2022f
Group
At the beginning ofthe year 34,878
Credit for the year (88)
Changes in tax rates 9,689
44,479
The deferred tax balance is made up as follows:
Group Group
2022 2021
E
Land held at valuation (44,479) (34,878)
(44,479) (34,878)

Balance at
Balance at 1 Transfers 31 March
April 2021f Income
f		 Expenditure in/out
F		 2022
f
Unrestricted
funds
General funds 1,603,439 1,092,187 (746,496) (184,814) 1,764,316
Hauxley Visitor Centre fixed
asset reserve 899,324 899,324
Subsidiary
trading		 funds 251,341 773,834 (765,463) 259,712
Revaluation
reserve		 2,831,442 2,831,442
5,585,546 1,866,021 (1,511,959) (184,814) 5,754,794
Restricted funds
City to Coast Living Landscape 20,668 446,178 (443,908) 17,292 40,230
Druridge
Bay Living Landscape		 13,220 2,314,272 (436,339) 22,278 1,913,431
Kielder Living Landscape 102,090 694,475 (878,604) 147,269 65,230
Fundraising
and
Development 78,792 91,160 (117,628) (2,025) 50,299
214,770 3,546,085 (1,876,479) 184,814 2,069,190
Total offunds 5,800,316 5,412,106 (3,388,438) 7,823,984

Statement offun ds - prior year
Balance at
Balance at Transfers 31 March
1 April 2020 Income Expenditure In/out 2021
E F
Unrestricted
funds
General funds 1,361,435 1,112,493 (744,035) (126,454) 1,603,439
Hauxley Visitor Centre fixed
asset reserve 916,172 (16,848) 899,324
Subsidiary
trading		 funds 231,062 699,654 (630,944) (48,431) 251,341
Revaluation
reserve		 2,831,442 2,831,442
5,340,111 1,812,147 (1,391,827) (174,885) 5,585,546
Restricted funds
City to Coast Living Landscape 3,770 87,279 (94,822) 24,441 20,668
Druridge
Bay Living Landscape		 16,713 427,664 (483,597) 52,440 13,220
Kielder Living Landscape 149,441 567,045 (669,416) 55,020 102,090
Fundraising
and
Development (9,186) 121,754 (76,760) 42,984 78,792
160,738 1,203,742 (1,324,595) 174,885 214,770
Total offunds 5,500,849 3,015,889 (2,716,422) 5,800,316

Analysis ofnet asset s between funds -current year
Unrestricted Restricted Total
funds funds funds
2022f 2022 2022f
Tangible fixed assets 5,152,689 1,900,000 7,052,689
Intangible fixed assets 1,436 1,436
Current assets 1,479,524 169,190 1,648,714
Creditors due within one year (830,264) (830,264)
Creditors due in more than one year (4,112) (4,112)
Provisions for liabilities and charges (44,479) (44,479)
Total 5,754,794 2,069,190 7,823,984
Analysis of net assets between funds - prior year
Unrestricted Restricted Total
funds funds funds
2021 2021 2021
E
Tangible fixed assets 5,103,696 5,103,696
Intangible fixed assets 3,591 3,591
Current assets 1,187,405 214,770 1,402,175
Creditors due within one year (618,942) (618,942)
Creditors due in more than one year (55,326) (55,326)
Provisions for liabilities
and charges		 (34,878) (34,878)
Tl 5,585,546 214,770 5,800,316

Group Group
2022 2021
F
Net income for the year (as per Statement of Financial Activities) 2,023,668 299,467
Adjustments
for:
Depreciation
charges		 86,702 81,794
Amortisation
charges		 2,155 2,154
Loss on the disposal 486
Increase
in stocks		 (7,938) (223)
Increase
in debtors		 (205,610) (199,068)
Increase
in creditors		 264,017 222,401
Deferred tax provision 9,601 1,963
Land donation (1,900,000)
Net cash provided by operating activities 272,595 408,974
21. Analysis ofcash and cash equivalents
21. Analysis ofcash and cash equivalents
Group Group
2022 2021
Cash in hand 849,955 816,964
Total cash and cash equivalents 849,955 816,964
22. Analysis ofchanges in net debt
At 1 April New finance At 31 March
2021 Cash flows leases 2022
f F
Cash at bank and in hand 816,964 32,991 849,955
Debt due within 1 year (55,000) 55,000
Debt due after 1 year (50,000) 50,000
Finance leases (7,929) 4,949 (6,040) (9,020)
704,035 142,940 (6,040) 840,935

payments und er non-cancellable
operating
lease		 s as follows:
Group Group Company Company
2022f 2021
E		 2022f 2021
E
Not later than 1 year 6,491 9,231 4,183
Later than 1 year and not later than 5years 7,668 2,308 7,668
14,159 11,539 11,851

Group Company
2022
E		 2022f
Within one year 5,360 5,260
After one year and before five years 4,212 4,212
Less finance costs allocated to future periods (452) (452)
9,120 9,020

Principal su bsidiaries bsidiaries
The following were subsidiary undertakings of the company:
Names Company Principal Class of Holding Included in
number activity shares consolidation
EcoNorth
Limited		 02274277 Ecological Ordinary 100% Yes
consultancy
Northumberland Wildlife 02044288 Dormant Ordinary 100% Yes
Enterprises Limited
The financial results ofthe subsidiaries
for the		 year were:
Names Income Expenditure Profit for Net assets
the period
EcoNorth
Limited		 861,597 (766,905) 94,692 432,143
Northumberland Wildlife Enterprises 2
Limited