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TRUSTS Charity 222212 Company 0715675
Raising support Here's a quick summary of our income and expenditure for the year ending 31 March 2021 Investment Income £9k INCOME 2020-21 Grants Contracts Membership Donations & Legacies Fund Generating Activities Investment Income Other Income £1,128,000 £354.000 £471.000 £473.000 £63.000 £9,000 £400.000 Fund Generating Activities Donations & Legaaes £473k Membership £4 Contracts Total £2,898.000 Nature Reserves £4Mk FundraIg and Supporter Care EXPENDITURE 2020-21 Fundraising & Supporter Care £482.000 Retail Operations £340.000 Wildlrfe Sites £1.014.000 Operdtions Inspiring People £179.000 Nature Reserves £414.000 nspiring People J79k Total £2.429.000 Wildlife Sites £1.014k side ofour natu reservesthve*tare wovking to [Gn£t natwe. You can find more detail in our Financial Statements on pages 48 - 81.
CONTENTS 6-7 Our Highlights Trustees. Report 10- 11 A message from our Chair and Chief Executive 12-13 Our focus 14- 33 Our achievements and performance 3& 35 Financial review Govemance 3& 37 Purpose and Charitable Objectives 38- 39 Structure, Governance and Management 40- 41 Fundraising Standards Financials 44- 47 Independent auditorfs report 48 Consolidated statement of financial activities 49- 50 Consolidated balance sheet 53 Consolidated statement of cash flows 54- 81 Notes to the tinancial statements 82 Trustee Directory 4) Derbyshire WildlifeTrust in Brief We're a small charity. with big ideas. Uniquely positioned to lead change in Derbyshire. being bold. grassroots-oriented and local, whilst also being part of a strong. cohesive movement with The Wildlife Trusts. Right now. we're in the middle of a climate and nature crisis. Wildlife continues to rapidly decline despite our best efforts and there is a growing disconnect between people and nature. We're here to change that. To reconnect- landscapes and people. Our goal is to see 33Yo of Derbyshire managed for wildlife by 2030. This is the least nature needs to start to recover. The next five years are critical.
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Our Highlights April 2020 4 Bringing back beavers Beavers are set to be reintroduced to Derbyshire after more than 800 years thanks to funding from Severn Trent Water and Biffa Award. as well as huge response to our fundraising campaign. which saw hundreds ol people backing the beavers. Creation of the beaver habitat is well underway and the beavers are set to arrive autumn 20211 David Parkv May 2020 Spring 2020 Getwild at Home sees thousands discover their wild side During the COVID-19 Lockdown we launched the first Get Wild at Home. Trust announces flagship rewilding site Thornhill Carrs is almost ready to be used as a demonstration hub to inspire others to rewild their land. IVS a pretty special place- a 30-hectare area of former farmland. rare within The Peak District National Park for its unmanaged wildness. A mixture of woodland. scrub and wildflower meadows. it's a stunning example of rewilding at its best. Over participants stayed nature- connected through wildlife themed webinars. Q&As and daily wild content based around the wellbeing benefits of spending more time in nature. 5.400 (O Sam Aosp. Re.wilding Britalil
July 2020 4 Spectacular visitor settles for summer A bearded vulture calls The Peak District home for summer. Not a bird you'd usually associate with Derbyshire. it came as quite a surprise and only the second time one ever visited the UK. With an impressive wingspan of over 2.8 metres the bird inspired everyone. young and old. and kickstarted conversation around what a Wilder Peak could look like. Indy Greene Autumn 2020 December 2020 Green Social Prescribing funding boost for Derbyshire mental health We're part of just seven 'test and learn, sites for Green Social Prescribing in England. Since Derbyshire was nominated. we've been working with partners to bring together a programme that will improve people's health and wellbeing with nature- based activities. New £5 million project to tackle ash dieback LIFE in the Ravines project launched with the aim of restoring woodlands across The Peak District that are being ravaged by ash dieback. The project includes drones to check tree canopies, experimental drones to plant trees and national partnerships. March 2021 National lead on latest stage of badger cull campaigning We rallied over people in just 14 days to respond to a government consultation and ask for an end of badger cull licences immediately. Our expertise in this area meant that we led the campaign nationally on behalf of The Wildlife Trusts. 39.000 • Jon Hawkins Sur¥ev Hill8 Photographv
Trustees. report For the year ended 31 March 2021 The Truslees present their Annual Report together with the audited financial statements of the Trust for the 1 April 2020 to 31 March 2021. The Annual Report serves the purposes of both a Trustees. Report and a Directors. Report under company law. The Trustees confirm that the Annual Report and financial ststements of the charitable company comply with the current slatutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice ISORPI applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS102) leffective 1 January 20191. Since the group and the Trust qualify as small under section 383 0* the Companies Act 2006, the Group strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors. Report) Regulations 2013 has been omitted.
A message from our Chair and Chief Executive Chair Sue Mayer Chief Executive Jo Smith Swift action combined with active support and understanding from our staff team, volunteers and funders allowed us to quickly deal with the immediate impacts of the pandemic and enabled us to adapt to an ever- changing external environment. As a result. we are very pleased to end a difficult and challenging year in a stronger and more resilient place. Now the worst of the pandemic is hopefvlly over, it is time to ensure that the natural world is We are especially pleased to be central to a leading on one of seven national pilot green DEFRA social prescribing projects, recovery from looking at how to use nature to the crisis. improve happiness and wellbeing. with healthy communities and Looking forward. there are exciting a more resilient opportunities presented by changes in and sustainable UK legislation and at the delayed 26th economic approach Conference of the Parties, due to b8 at its heart. held in the UK in November 2021. There were few benefits to the unprecedented lockdown, but many more people connecting with nature was certainly one of them. We were excited to be able to quickly develop and run a series of virtual events which engaged and inspired thousands. As we return to a more familiar way of life we are now at a pivotal moment, and it's more important than ever before to connect more people to wildlife, to work closely with others across the conservation sector and beyond, and to mobilise people to act to ensure nature is not forgotten as we look for solutions. We are therefore delighted to be involved in many new and exciting partnership initiatives to create and connect habitats and communities. 10 Chair Sue Mayer
The world has changed dramatically over the past 18 months. The global pandemic has affected all of our lives. sometimes with tragic consequences. •• We must use these opportunities to Thank you for your put wildlife and the planet first, both support and for playing locally and globally. We must restore an important part in nature's and reconnect our natural resources, recovery. investing in win-win natural climate solutions such as protecting the UK'S vast peatland stores and enabling more tree cover. Please also look out for other ways you can help to shape a greener world. Not just for the sake of our wildlife, but for a thriving and healthy planet. Thank you, Dr Sue Mayer and Dr Jo Smith Our nature reserves remain essential to achieving this vision. They enable us to showcase best practice, they allow us to safeguard and connect existing species and habitats and they bring people closer to nature. As always, our work requires funding. Our income streams are increasingly varied, which helps to ensure a level of stability enabling us to commit to long-term work programmes. Without grants from institutional bodies, amazing corporate partnerships, generous philanthropic donations, gifts left to us in Wills and people buying from our charity shops and cafés. we wouldn't be able to do our work. We are also grateful to have more members than ever before. Chief Executive Jo Smith
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Our focus We're in a time of crisis: a nature crisis- a climate crisis.wildlife continues to rapidly decline despite our best efforts and there is a growing disconnect between people and nature. Right now, we are in the middle of another crisis- COVID-19.We need to ensure that out of this pandemic comes a new normal, a green recovery- one that sees nature thrive alongside our economy. Business as usual is not an option.The next five years are critical. We are uniquely a movement of people We will ensure our staff, positioned to lead change who will collaboratively supporters and volunteers in Derbyshire, being bold. create a Wilder Derbyshire. are motivated, rewarded grassroots-oriented and and have the right skills. local whilst also being Our goal is that by 2030: part of a strong, cohesive 330/0 of Derbyshire will be We will encourage an agile movement. Over the last managed for wildlife and ambitious culture and five years we've doubled There will be at least 1 enhance opportunities in size and substantially million wild connections to enable us to be ever increased our influence each year more diverse, relevant and and impact - but we need 1 in 4 people will act for resilient. to do so much more. wildlife We will demonstrate Our core purpose is to The Trust will be carbon leadership by substantially lead nature's recovery. We Positive reducing our carbon must be increasingly bold, footprint and ensuring brave and imaginative. To achieve this, we will we are carbon positive But we cannot do this by explore alternative models by 2025 - as well as ourselves. We need to to meel our aims and we empower, support and will take forward detailed encouraging and supporting others to do learn from others and actions linked to four the same. We will work we need to improve our main strategic objectives more closely than ever resilience. outlined below. before with existing and We will: new partners, individuals 1. Lead nature's recovery and communities to 2. Inspire more people to ensure we collectively achieve a Wilder Future. notice and care 3. Mobilise people and communities to act 4. Ensure an agile and influential culture We strongly believe everyone has a role to play. We will work together with communities, local authorities, businesses. landowners and organisations. New and exciting opportunities will be developed to enable everyone to connect with wildlife, and as the connections grow. so will The goals and achievements set out in the following pages show some of the impact and difference we're making. We will run the Trust effectively, setting and measuring performance against targets.
Our achievements and performance In this section we outline a selection of our achievements and performance against our objectives for the year ended 31 March 2021.This does not cover the full scope of our work. Visit our website to find out more: www.derbyshirewildlifetrust.org.uk 1 r.
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Goal 1 33 % of Derbyshire will be managed for wildlife Our natural worfd continues to be in trouble. with wildlife disappearing at an alarming rate and the threat of climate catastrophe a constant wory.That is why we're calling for at least 33Yo of land across Derbyshire to be connected and protected for nature's recovery by 2030. 2020- 2021 Target Key outcomes We have.. 1. Established a baseline of how much of Derbyshire is good for wildlife (less than and habitats and they bring people closer to nature. We secured a grant of £538.000 from the Government's Green Recovery Challenge Fund. putting us in a much stronger position to support a Green Recovery. Work started immediately and has already seen significant improvements for water voles at Woodside Farm as well as new wildlife habitats and a Forest School facility near Buxton. Work also began on the Wild Peak project. Funded by Rewilding Britain. this ambitious project looks at the potential to manage and rewild large areas of land across the Dark Peak. This year Progress we built relationships with local land Our headline goal is that 33Yo of land owners and communities, and started will be managed for wildlife by 2030. In work on a management vision and order to measure our progress between monitoring framework. Once complete now and then. our priority this year was the framework will set the standard to establish a baseline. It shows that less nationally for monitoring changes than 5 /0 of Derbyshire is currently good brought about by rewilding. We will for wildlife. The next step is to work officially launch the project in 2021. with partners to include land that they Further, we ran a successful public manage. and to map Derbyshire's Nature appeal to ensure our flagship rewilding Recovery Network. Achieving this will allow us to see where we need to focus site. Thornhill Carrs, is accessible and our efforts over the next five years. engaging. Thanks to funds raised it is set to become a key site where we can Our nature reserves remain essential to demonstrate the potential for rewildling. achieving this goal. They enable us to showcase best practice. they allow us to safeguard and connect existing species 16 2. Begun work to influence and enable rewilding with our Wild Peak project 3. Successfully bid for grant funding from Grcen Recovery Challenge Fund 4. Made huge gains with beaver reintroduction 5. Begun work to identify existing Nature Based Solutions across Derbyshire
Much has been achieved on projects the size of the beaver habitat at which ensure vulnerable local species Willington Wetlands from 20 hectares are in recovery. In the White Peal we to 40 hectares. Beavers are set to call started work on the EU Life funded, LIFE Derbyshire home from autumn 2021. in the Ravines project to protect and enhance ash woodlands. The White Peak Our Living Rivers programme continued has been identified as an area which is as we worked to resolve issues in the being devastated by ash dieback disease. River Amber. Our water vole, otter and The project is hosted by Natural England mink monitoring volunteers were able to and work on the ground will begin in restart their surveys following COVID-19 summer 2021. lockdowns and we continued to improve wetland areas at High Ashes Farm and Wingfield View. A large part of our work over the next five years will be establishing nature- based solutions. They protect, restore or enhance habitats that hold carbon. y doing this. they reduce carbon in the atmosphere and help tackle the biodiversity and climate crises. We're Discussions around birds of prey working to identify areas where we need continued as the webcams were restored to introduce new nature-based solutions. at Derby Cathedral - reconnecting the urban community with their much-loved One of the areas identified as an existing peregrines. We also recruited a Peregrine nature-based solution is the Trent Valley. Protection Trainee thanks to funding Our work here has continued with the through the Green Recovery Challenge Transforming the Trent Valley Project. As Fund - immediately enabling us to stand well as landscape scale improvements firmer on issues around bird of prey across three counties. we continue to persecution and wildlife crime. engage young adults in conservation through a training scheme, and promote Our badger vaccination programme improved mental wellbeing with our continued. despite COVID-19. with just a Connecting with Nature scheme. Both two-month delay, and our advocacy work will run until 2022. helped to establish badger vaccination projects in Cumbria, Scotland. Lancashire and Northamptonshire. Work to reintroduce beavers began. Thanks to a huge response from the public. Severn Trent Water and Biffa Award, we were able to double In July a bearded vufture made its way from the Alps to The Peak District. During its stay we were at the forefront of celebrating this incredible bird. We received national media over many weeks and used it as a platform to highlight what a Wilder Future could look like.
33% OF DERBYSHIRE IS MANAGED FOR WILDLIFE BY 2030 Ha of land we have dlrect infiuenothr z Haof new land being Thi]ded that we have 2030 alm: 7000120- alm: noo l aetuaL" 10401& 4 iDfiueno over <hL6 tVJO v¥y& 566 F¥11 I & 2 XY30 alm: 700ha l th" 8tha l actual:35ha I not MA&YJ. L Total of land managed for naturein DerbyshiTr Successfill Dwf ptopctswhich ensure vulnerable 2030 alm: 33%1 basellnc <S% species are in kcal recovery Dwf Nature 30 aim: l aluL" 21 actual: 3 T Reserves DT rewilded land 586 (4n6 Lo Wildlife Sites SSSIS in vourable condition Petegrines Watervoles Publlshed State of Natu Retorts x)x• th" l alm: o l actual:0 Nature M]$ w6 544 ui Report th¢ n&t I¢¢$ aE New Natu Based Solutions initiated )30 alm: 20012(FJ alm". io l actua]: 0 4 Natu based Jls fPeAt PEAK DI Id Rlv 33% OF DERBYSHIRE IS MANAGED FOR WILDLIFE BY 2030 NORTH A kntt(6 rtrt& Werecolse that therei$a lot more happetiing for Dature in Derbyshire that wére not yet able to map. Weteworking with partnèyJ to decide whar counts tOWd5 the33% and hcpeto bt ablt to plotthis next year. 2030 alm 2Tr21 basellne <586 rniles 18
Next year. our priorities will include: 1 Mapping Derbyshire's Nature Recovery Netw'ork 2 Working to make land, including our nature reserves. bigger. better and more connected 3 Identifying and implementing new nature based solutions 4 Launching our Wild Peak project and demonstrating rewilding 5 Developing a management vision and monitoring framework for sites being rewilded 6 Expanding our Living Rivers programme 19
Goal 2 More people notice and care We strongly believe that the natural worfd should be an integral part of everyone's life. We're working more inclusively and collaboratively than ever before to make sure everyone has the opportunity to connect with nature. 2020 - 2021 Target Key outcomes We have.. 1. Inspired thousands of people through new digital engagement programmes 2. Been selected as a pilot county for the Government's Green Social Prescribing initiative 3. Expanded our Wild Wellbeing work across Derby to help more people with varying circumstances connect with nature 4. More corporates and developers committing to biodiversity gains than e.vpr bp.forp. 5. New initiatives to improve equality. diversity and inclusion. both internally and externally before recognised the importance of local nature to their physical and mental wellbeing. There are huge opportunities in 2021122 to capture that enthusiasm and turn it into support and, most importantly. action for our natural world. As for our work within the community, we focussed on moving from one-off experiences to long-term intervention programmes. An example of this is our work with four schools in Chesterfield. We ran a programme of wild activities to help children create habitats and learn all about their local wildlife. Every session built on the last and helped the children become more confident in nature. and more confident in themselves. Our Wild Wellbeing Work in Derby is going from strength to strength. We began two new programmes with a Progress focus on youth engagement. The first COVID-19 threw up a lot of challenges for With YMCA Key College. and second our engagement work We're proud of at Horizons 6th Form - both innovative how quickly we adapted to the constant provisions for young people with Special changing circumstances and some of the Educational Needs. We also continued new ways of working, particularly around our wellbeing programme with Women's digital engagement, will become integral Work: working with a group of ten of to our work over the next five years. their service users to improve confidence One of the highlights was our Get Wild and mental resilience. at Home package. Despite COVID-19 We received a grant of £86.1)00 from we still achieved over 5.400 community Cadent Foundation to develop a new engagements via wildlife themed Wild Wellbeing project within the webinars, Q&As and daily content Arboretum and Normanton areas of based around the wellbeing benefits of Derby. Work on the project began in spending more time in nature. January 2021, with online sessions due Throughout 2020 more people than ever to the third COVID-19 lockdown. 20
O Nick Upton We're part of just seven test and learn our long-paid programme which aims sites for Green Social Prescribing to diversify our sector by employing six in England. Since Derbyshire was trainees each year from a wide range of nominated. we've been working with backgrounds. partners to bring together a programme A really important aspect of our work that will improve people's health and around inspiring more people to notice wellbeing with nature-based activities. and care is with developers. corporates We'r8 incredibly proud to be part of this and local authorities. We improve ground-breaking pilot and hope to start outcomes for wildlife by building better delivery in autumn 2021. relationships and inspiring them to put We established two Green Influencer nature first. This year 144 developers groups - helping young people take and corporates committed to biodiversity action to protect and enhance the gains - through this we secured 700 bird environment. To deliver these we boxes, 500 bat boxes. 24 replacement received grant funding from Ernest Cook bat roosts as well as 4.000 metres of Trust and #iwill funding. new hedgerow. We also ensured Local We established initiatives to improve Wildlife Site protection for a further diversity and inclusion, both internally 80 hectares across three sites. Every and externally. Internally we developed developer, corporate or local authority we influence makes a real difference for a diversity score which we will use to measure our progress over the next nature's recovery. five years. Externally we focused on We couldn't possibly achieve what engagement within Derby and our work we do without our hugely dedicated with YMCA Key College and Horizons 6th group of volunteers. We would like to Form. thank each and every one of them for their continued efforts, passion and dedication, particularly through such a tough year. Our Nalional Lottery Heritage Funded project, Working for Nature, recruited its third cohort and we've continued 21
MORE PEOPLE NOTICE AND CARE Wilder community engagements that improve the connection between nature & wellbeing 2030 aitD". loo.00012tr ainL 10,000 l actuaL' SAoo& Wjlder community •fih656 i¢•nS engagèments Developerslcorporates who commit to biodiversity gain 2030 aiL loo0120 al loo l actuaL' 144 T Develope Thw Aré OotteA m MAP Corporates ht tkn Di4riti Yldti6*AI fhrk Wilder initiatives estab]ished in schoojslpublie spaces 2030 aillL ioo120vll ainL io | artuaL' io Wilder initiatives New programmes to connect audiences 2030 aim: n120•a ainL 21 actuaL' 2t Horizons YMCA Key 6th Form College New initiatives to improve diversity& inclusion InternaL" 2030 aim: 60%1 aiDL Dla l artual: 32% t EzternaL' 2030 al Is120vll aiuL o l actuaL' z t diversity initiatives S66 Hortt6n'S Othfffm Kéy C411686 op Internal reflected . on the map by our headquartets PÉAK DISTRIC ATIONAL PA i) WILDER COMMUNITY ENGAGEMENTS NORTH 2030 airn loo.000 miles 10- actual 22
Next year. our priorities will include: 1 Using Green Social Prescribing to improve public health and wellbeing 2 Delivering projects in more urban areas 3 Providing access to careers in the conservation sector through traineeships and our Working for Nature programme 4 Supporting schools and early years staff to create wilder spaces through training and development opportunities 5 Mapping supporter journeys across digital, retail and donor experiences and optimising them for improved | engagement
Goal 3 1 in 4 people act for wildlife In order for nature to recover. we need many more people on nature's side.The science shows that rf just one person in every four125Yo) takes action. it can be enough to change the behaviour of the majorrty. 2020 - 2021 Target Key outcomes We have.. l. Significantly increased campaign action, particularly around our badger work 2. Signiticantly increased online supporters and action 3. Collaborated with other Wildlife Trusts and mobilisation experts to develop Team Wilder 4. Nominated our first Team Wilder Champions who will go on to mentor others 5. Increased corporate support, despite the challenges they faced due to COVID-19 To improve outcomes for nature, the climate crisis and for people. we need to see large scale change. The climate and nature crises are not things we are able to solve alone. We need to encourage. and enable. mass action for nature. To achieve this. we will create a huge, connected and collaborative community called Team Wilder. To develop Team Wilder. we've been working in collaboration with Cheshire and Staffordshire Wildlife Trusts. We spent 2020 investigating what communities need from us to make large-scale change happen. We've also been working with experts in mobilisation to bring together the best wildlife TRUSTS 30Ua5Uil 24
IÉ .0 Terry Whittaker 2020VISION S minds and to make sure Team Wilder to Derbyshire in autumn 2020. Sadly. this works- for nature. and for people. To get last campaign was not successful, but we this right we have delayed the full launch continue to fight for badgers nationally of Team Wilder until 2022. and locally. This year we have been working with eight pilot Team Wilder Champions. Our advocacy work around hen harriers selected due to their exceptional grew. This year we hosted a webinar campaigning and action taking for in partnership with Hen Harrier Action Derbyshire's wildlife in an individual which over 1.000 people watched. Our capacity. They will go on to mentor hen harrier art auction had over 90 community groups and individuals in submissions and raised over £6.500. 2021 and beyond. Our corporate partners continue to In other work, our campaigns have seen support us through donations, expertise. unprecedented responses. thanks to connections, and staff time despite the the compelling cases and stories that challenges they face due to COVID-19. we have told. In particular. our March We are extremely grateful for their 2021 badger campaign saw over 39.000 support. people respond to the Government's COVID-19 saw our online reach consultation on when to stop issuing badger cull licences. We led this accelerate as many people found campaign nationally on behalf of The themselves at home. We've added 12,127 new social media followers in the last Wildlife Trusts. twelve months and now have over 23,000 email subscribers. These new supporters have backed our campaigns and appeals, shared news, and ideas. attended online events and, as a result of their engagement with us, many have become members. In total, over 52.000 people took part in campaigns with us in 2020121. ranging from the aforementioned badger campaign to 30 Days Wild, stopping the use of neonicotinoids. and trying to prevent the badger cull being extended 25
I IN 4 PEOPLE ACT FOR WILDLIFE BY 2030 People in Team Wilder 2030 alm: iooMoo12 ajm: l actuaL"o Team Wilder C¥lwA atr2 people CorForate & agency relationships 30 alm: 16012(FJ baseune: l actuaL" 28 Corporate & agency relationships Team Wder ChamplorL% 2030 alm: 30012 alnL' 10 l actuaL"8 & Tèarn Wildèr FlrttrJ ChaMpnS No of peop1eengagl1nCapaignS 203oabL' 100.ooD12D- alm: is0 l actuaL' Aooo t People engawg in our Examplesof campaigns ihe 6Mll Xl Our carbon fcotprint fori9-20 is 287 tonnes C02e (knr fotywrtt T5 kr 19a) thrtrt &wr fortpnnt 10 r•fwwrtt lp tool 6n14.n #S to brttsr r¢iltth rtlr 10 t4Vl 26ro &y I IN 4 PEOPLE ACT FOR WILDLIFE NORTH 2030 alm 21x1.000 people people ApproxirnateFopulaiion of Dètyhlrv. 800.000 26
Next year. our priorities will include: 1 Launching Team Wilder 2 Developing a Team Wilder platform where individuals and communities can access toolkits, information and best practice 3 Driving campaigns and action around COP26 which takes place in November 2021 4 Rerouting our campaigning on badgers to drive meaningful change 5 Developing new initiatives to encourage more digital support and action 6 Developing an advocacy strategy and new advocacy programmes to substantially increase our reach and influence 7 Leading a multi Trust digital membership recruitment programme and ensuring the expansion of all successful recruitment channels 27
Goal 4 Ensure an agile and influencial culture To achieve our goals. we need to change the way we work: fostering an agile culture where innovation. empowerment. collaboration and leadership are encouraged, embraced and rewarded. We must be more equal. diverse and inclusive, and. we must monitor and reduce our carbon footprint to encourage others to do the same. 2020 - 2021 Target Key outcomes We have.. 1. Launched our Commitment to Equality. Diversity and Inclusion 2. Utilised the Government Kickstart Scheme to enable young people to access work within the environment sector 3. Recruited new roles to increase our team's talent and skills 4. Made two major process improvements to support agile working 5. Worked with consultants to more accurately measure our carbon footprint new talent to help the environment sector grow. We will begin employing via the Kickstart scheme in summer 2021. With COVID-19 uncertainty we froze recruitment until autumn 2020. but since then we have recruited several new roles each bringing new talent and skills to the Trust through improved values-led recruitment, induction and training. We launched our Commitment to Equality. Diversity and Inclusion IEDI). AII staff have received EDI training and we have set up a working group to hold us to account. Our carbon footprint for 2019-20 is 267 tonnes C02. Our footprint for last year is Progress larger than our baseline taken in 2017- 18 due to a refinement to our carbon COVID-19 showed us that we're a highly tool. The refinement enabled us to agile organisation - our resilience and better reflect our overall emissions. Our innovation helped us find a pathway carbon footprint for 2020121 will be in the through such challenging. ever-changing. 2021122 Annual Report. times and we're incredibly proud of all our staff and volunteers. We are rcvicwing all our operation8 a8 part of our Carbon Reduction Strategy. including our livestock practices. in order to meet our target of net zero by 2025. We hope that by showcasing our carbon footprint. and the improvements that we're making, we will encourage others to do the same. A key outcome of COVID-19 is that we improved our remote and physical office by upgrading our server and telephone system to support agile working. We've utilised the Governmenys Kickstart scheme. The scheme will help people aged 16-24 gain skills and confidence and we'll be able to nurture 28
Next year, our priorities will include: 1 Implementing our Commitment to Equality, Diversity and Inclusion- including developing an action plan 2 Ensuring our values are reflective of the Trust's vision and strategy 3 Creating more opportunities for young people via Kickstart and other trainee schemes 4 Assessing and identifying the skills needed to deliver our vision and recruiting appropriately 5 Identifying areas where our carbon. footprint can be reduced 6 Improving technology and financial structures to support more agile ways of working 29
Goal 5 TheTrust grows to 5 million In order to deliver such an ambitious strategy. we must raise vital funds from multiple sources. We've set ourselves target of 5 million by 2025.This will double our income. enabling us to deliver large scale. landscape-wide initiatives and bring along many more supporters as we grow. corporates have supported us through donations, expertise, connections, and staff time. In 2020121 we had 41 corporate partners and they contributed over £20.377 in donations. We are grateful to all our funders including the grant making bodies and trusts who provided £1,128,000 to projects delivering for wildlife and people across the county. We offer thanks to all those who generously left us a gift in their will during the year. 5 legators bequeathed total of £200,383 ranging from £500 to £179.771. All these legacies will have a huge lasting impact. Appeals have been incredibly successful. Our Beaver Appeal saw a huge response. enabling us to continue our work to reintroduce beavers. Our Thornhill Appeal inspired people to find out more about rewilding and meant that Thornhill Carrs could become our flagship rewilding site. Our commercial services have been through an unpreceded year and saw us focus our attention to online sales through each lockdown. To drive sales and interest. we developed new products, in particular our Species Adoption Packs which alone have generated £17.987. Our Ecology Services revenue was down slightly on last year at £58.320. 2020 - 2021 Target Key outcomes We have." 1. Significantly increased memberships despite the economic downturn 2. Secured multiple large-scale grant funding- including Green Recovery Challenge Fund. EU Life and Cadent Foundation 3. Successfully appealed to raise funds to reintroduce beavers and improve Thornhill Carrs 4. Developed three Species Adoption Packs- each seeing significant sales in their first year Progress In these challenging times. more people than ever have shown how much they care about nature. We're incredibly grateful that so many of you have chosen to give financial and non- financial support to our efforts to save Derbyshire's wildlife. Despite the challenges that all charities have faced this year around fundraising and membership. our membership has grown to over 18,000. contributing £471,000 in value. This growth has been achieved through digital and appeal- based membership campaigns. We really appreciate the corporate support we've received this year- in such an uncertain economic climate. Our 30
THE TRUST GROWS TO £5M BY 2025 Increase MemTShip InLDme 20. alm: £580A)O actuaL" £471XIOO I Members ffly hthWs•qfus heat map 16t Al offtvAÉ¥th"y6 2025 akn: £S80,¢)00 20-21 akn: £23S244 actuaL" £00 4 Increase Incomefrom allsources 2025 aknL' £5MOOmO 20.21 alm: £19OOPOO actuaL' W98.000 PP dAt8. M16 tk666 ¢n tho Income from all sources 20. actual £2,898.000
Next year, our priorities will include: 1 Continuing to cross-work with other Wildlife Trusts to accelerate learning and reduce costs 2 Improving the membership experience in order to reduce attrition 3 Taking part in the Big Wild Walk to raise awareness of the nature and climate crises ahead of COP26 and to trial it as a fundraising opportunity 4 Developing three new adoption packs 5 Optimising lead generation and direct to membership asks to recruit more digital memberships 6 Exploring a more urban focused door drop appeal to reach communities we normal fail to connect with 33
Financial review Reserves policy and going nCern The purpose of this policy is to ensure the continuity of the charity should income levels decrease substantially. This policy is set such that a sum equivalent to three months core expenditure is the minimum amount to be held for this purpose. Core expenditure includes thal necessary for the charity to meet its contractual obligations to suppliers, service providers and staff in the foreseeable future, to either enable a revision of its core expenditures or improve its incoming resources. The lotal consolidated funds of £2.979.000 {2020: £2,426,000) include restricted funds of £2.044.00012020: £1.726.0001. leaving unrestricted general funds of £935,00012020: £700,0001. The current level of free reserves calculated as net current unrestricted funds is £384,00012020: £216.0001. Cash at bank and in hand Cash funds are held on a prudent basis in several bank and deposit accounts. The Board have appointed professional investment analysts who have recommended alternative investments to cash commensurate with the planned needs of future resources and $8¢u rity. Investment powers and policy Under the Memorandum and Articles of Association, the charity has the power to make any investment which the Board sees fit provided that the Board shall seek proper professional advice. Funding sources A significant strength of the Trust is its wide range of funding sources. Were a small number of such funding sources to cease it would not pose a significant risk for the organisation. Financial resources During the financial year 2020-21. the Trust generated a surplus of £553.000 (2019-20 deficit: £46.0001. Income of £2.898,000 was generated in 2020-2112019-20: £2.423.0001. Actual expenditure for 2020-21 was £2,429,000, excluding losses on investment and actuarial gains on pension schemes12019-20: £2,530,000). Fundraising initiatives resulted in income for projects which extend over several years helping maintain the level of general reserves. How expenditure has supported key objectives Expenditure was allocated to activity categories according to the table in note 10 of the financial statements. The figures demonstrate that 66% of the Trust expenditure went on its charitable activities. Of this, 11 % was allocated to its work to Inspire People with wildlife, 26Y. for managing nature reserves and 63/0 to safeguarding wildlife sites. The expertise and experience of staff are major assets of the Trust. and their significance is indicated by the fact that staff costs (salaries, national insurance contributions and pension contributions) amounted to 58Y• of total expenditure. 34
Pensions deficit Under the requirements of FRS 102. the Trust includes the assets and liabilities of these arrangements in its balance sheet. Current service costs. curtailment and settlement gains and losses, and net financial returns are included in the statement of financial activities in the period which they relate. Actuarial gains and losses are recognised in the statement of financial activities. For more information, details are set out in Note 27 of the accounts. There has been no movements on the provision in relation to the Pension Trust Growth Plan which is included in the Balance Sheet at £36,000. Principal risks and uncertainties The principal risk arises from the uncertainties relating to future funding from Government agencies following the decision of the UK to leave the EU and any possible future impact of the COVID-19 pandemic. 35
Purpose and charitable objectives The charitable objects of the Trust. as set out in the Memorandum of Association. are: 1. For the benefit of the public. to advance. promote and further the conservation. maintenance and protection of i. wildlife and its habitats ii. places of natural beauty iii. places of zoological, botanical. geographical. archaeological or scientific interest iv. features of landscape with geological, physiographical, or amenity value in particular. bul not exclusively, in ways that further biodiversity 2. To advance the education of the public in i. the principles and practice of sustainable development li. the principles and practice of biodiversity conservation 3. To promote research in all branches of study which adwdnce the objects specified previously and to publish the useful results thereof The Trust activities and objects extend to include everyone and are unlimited by age, ability, nationality or gender. Derbyshire Wildlife Trust recognises the changes in society which have brought about increasing pressures on wildlife and the natural environment. In response we have embarked on a bold new approach to nature consendation. a vision to recreate a network of ecologically functioning Nature Recovery Networks across Derbyshire. We are working with local businesses. partners, landowners, communities and individuals on large scale habitat restoralion and enhancement to create a healthier environment for wildlife and people. Public benefit Derbyshire Wildlife Trust exists to promote the protection of the environment and therefore provides a clear public benefit. Derbyshire Wildlife Trusys philosophy is based on the belief that the natural world deserves conserving for its own sake and. since this is widely perceived to be a worthy aim of public policy. it may fairly be regarded as a benefit to the public at large. However. the public benefits provided by the Derbyshire Wildlife Trust go much further. Flrstly. our nature reserves are widely used by the public. At all our sites information and interpretation is provided lo visitors. Secondly. our education programmes are aimed at schools, colleges, adult groups and the wider public. Thirdly. our information gathering and the provision of expert advice to local authorities and others helps inform planning and other decisions for the benefit of wildlife. Fourthly, the involvement of hundreds of volunteers in our work provides an outlei for altruistic endeavour which is of special benefit to those involved as well as those who directly benefit. 36
Structure. Governance and Management The Trust is a charitable company, first registered as a charity in 1962 then becoming a company limiled by guarantee in 1986 Icharity registration number 222212 and company registration number 07156751. Its governing document is in two parts: The Memorandum of Association and the Articles of Association. The Memorandum of Association was revised in 2001 and revised Articles were adopied at the Annual General Meeting on 31 October 2012 when changes were made to allow Honorary Officers to serve for up to nine years. and to revise the annual trustee's retirement provisions. As well as its registered office at Middleton where most of the employees are based the Trust operates an education ¢entre, the Whistlestop Centre, at Mallock Bath. The Trust also manages forty-nine nature reserves las at 31 March 20211 of which twenty-three are owned by the Trust. The remainder are leased or maintained under management agreements. The Trust has a wholly owned trading subsidiary company, Derbyshire Wildlife Resources, which is dormant. Appointment of TnAStees New trustees are recruited from active members of the Trust or other individuals with relevant personal or professional expertise which is beneficial to the Trust. Nominations for trustees can be made by the Board or by at least five members. with elections taking place at the Annual General Meeting. Policies and Procedures for Induction andTraining ofTrustees Trustees receive an information pack when first appointed. At least one trustee development session is held each year. Trustees are also encouraged to attend relevant external training Courses. Arrangements for setting the pay and remuneration for the key management personnel The Trust considers that the trustees and the senior management team comprise the key management personnel of the charity for the direction and control of the Trust on a day- ttrday basis. All trustees give of their time freely and no director received remuneration in the year. The pay of ihe senior staff is reviewed annually and increased in accordance with contractual terms. How does the charity make decisions? The Board of Trustees meets at least six times a year. to Consider and approve: The annual report and annual accounts Organisational risks The annual work programme and budget Strategic development 38
Power to implement approved strategies. policies, annual work programmes, and budgets is delegated to the Chief Executive Officer who is accountable to Ihe trustees. The Trust employed fifty-eight staff at the end of March 2021, operating in three directorates cornprising Nature's Recovery. Income Generation and Finance & Support Services. The Chief Executive and the heads of the three directorates. together with the heads of Nature's Recovery Networks and Human Resources form the senior management team which meets twice monthly lor more frequently as needed) to discuss operational management matters. Relationships with the charity and related parties The Trust, along with forty-six other Wildlife Trusts in the UK, is a member of the Royal Society of Wildlife Trusts (RSI1. The independent trusts and RSWT work together as the Wildlife Trusts Partnership. During the year. the Trust had one wholly owned subsidiary company, Derbyshire Wildlife Resources Limited which was dormant.12019120: dormant). Risk management The trustees have a risk management strategy which aims to improve control of high- level risks. Such risks are reviewed by a small group of Trustees coordinated by the Chief Executive. High level organisational risks are routinely discussed by the Board. 39
Fundraising standards The Derbyshire Wildlife Trust manages relationships with around 16.000 members. When members are asked for financial contributions. it is done in a responsible. respectful and ethical manner. The same applies to all our supporters including those giving one off donations or legacies to the Trust. We are always seeking to improve the ways in which we relate to our supporters by developing and sharing best pra¢ti¢e. To demonstrate our commitment to ethical fundraising practices, we are members of the Fundraising Regulator and the Institute of Fundraising and adhere to their recognised standards. We do not believe in approaching vulnerable people for financial support and we aim to avoid causing distress to anyone by doing so. We always seek to exceed the expectations of our members and supporters in everything we do. However, we know that there may be times when we do not meet our own high standards. When this happens, we want to hear about it. to deal with the situation as quickly as possible and put measures in place to stop it happening again. As such, we have a Complaints Policy in place to enable members and supporters to contact us and express their concerns. Further information on our Complaints Policy can be found on our website: www.derbyshirewildlifetrust.org.uklpolicies We are also committed to disclosing the number of complaints received. One complaint relating to Derbyshire Wildlife Trust fundraising practices was received bet4veen 1 April 2020 and 31 March 2021. We are proud of our corporate partnerships and seek to work with businesses with whom we share common cause. Any new collective corporate partnerships are subject to full scruliny through well-established governance processes. Ongoing partnerships are governed by clear contractual obligations, relationship management and ongoing review and scrutiny by governance committees. 41
Statement of theTrustees' responsibilities The Trustees (who are also directors of Derbyshire Wildlife Trust Limited for the purposes of company lawl are responsible for preparing the Trustees. Report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year. which give a true and fair view of the state of affairs of the charitable group and company and of the incoming resources and application of resources, including income and expenditure of the charitable group for the year. In preparing these financial statements, the trustees are required to.. select suitable accounting policies and then apply them consistently observe the methods and principles in the Charities SORP IFRS 1021 make judgements and estimates that are reasonable and prudent state whether applicable UK Accounting Standards (FRS 1021 have been followed, subject to any material departures disclosed and explained in the financial statements prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business The Trustees are also responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable group and company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Disclosure of infomiation to auditor Each of the persons who are Trustees at the time when this Trustees, report is approved has confirmed that: so far as that Trustee is aware. there is no relevant audit information of which the charitable group's auditor is unaware. and that Trustee has taken all the steps that ought to have been taken as a Trustee in order to be aware of any relevant audit information and to establish that the charitable group's auditor is aware of that information.
Auditor The auditor. BHP LLP. has indicated his willingness to continue in office. The designated Trustees will propose a motion reappointing the auditor at a meeting of the Trustees. Approved by order of the members of the board of Trustees and signed on their behalf by: Dr SJ Mayer. .llYGr*II Dr S J Mayer Sandy Hill Main Street Middleton Matlock Derbyshire DE4 4LR Aug26, 2021
INDEPENDENT AUDITOR'S REPORT TOTHE MEMBERS OF DERBYSHIRE WILDLIFETRUST LIMITED FOR THE YEAR ENDED 31 MARCH 2021 Opinion We have audited the financial statements of Derbyshire Wildlife Trust Limited (the 'parent charitable company.) and its subsidiaries Ithe 'group'l for the year ended 31 March 2021 which comprise the Consolidated statement of financial activities. the Consolidated balance sheet. Ihe Trust balance sheet, the Consolidated statement of cash flows and the related notes, including a summary of 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 finan¢lal statements: give a true and fair view of the state of the group's and of the parent charitable company's affairs as at 31 March 2021 and of the group's incorning 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 United Kingdom, including the Financial Reporting Council'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 concem 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 thal. individually or collectively. may cast significant doubl on the group's or the parent charitable company's ability to continue as a going concern for 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 Infonnation The other information comprises the information included in the trustees. report. other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and. except to the exlent 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 staternenls or our knowledge obtained in the course of the audit or otherwise appears to be materially misslated. 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 ¢on¢lude 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. Opinion on other matters prescribed by the Companies Act 2006 In our opinion. based on the work undertaken in the course of the audit: the information given in the trustees. report (incorporating the directors, report) for the financial year for which the financial statements are prepared is consistent with the financial statements,. and • the directors. report has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception In the light of our knowledge and understanding of the group and parent charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the directors. report. We have nothing to report in respect of the following matters in relation to which Companies Act 2006 and the Charities Act 2011 requires us to report to you if. in our opinion: the parent charitable company has not kept adequate and sufficient a¢¢ounting records, or returns adequate for our audit have not been received from branches not visited by us: or the parent charitable company financial statements are not in agreement wilh the accounting records and returns,. or certain disclosures of directors, 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. exemptions in preparing the trustees. report and from the requirement to prepare a strategic report. 45
Responsibilities of Trustees As explained more fully in Ihe trustees. responsibilities statement, the trustees (who are also the dire¢lors of the charitable company for the purposes of company lawl 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 Group's and the parent charitable company's ability to continue as a going concern. disclosing, as applicable. matters relaled to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the group or the parent charitable company or to cease operations. or have no realistic alternative but to do so. Auditor's responsibilities for the audit of the financial ststements We have been appointed auditor under the Companies Act 2006 and section 151 of the Charities Act 2011 and report in accordance with those Acts. 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 IUKI 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 specific procedures for this engagement and the extenl to which these are capable of detecting irregularities, including fraud is detailed below: We gained an understanding of the legal and regulatory framework applicable to the charity and the sector in which it operates, and considered the risk of such regulalions, including fraud. We designed audit procedures to respond to the risk. recognising that the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error. We focussed on laws and regulations relevant to the charity which could give rise to a material misstatement in the financial stalements including. but not limited to, data protection. Charities Acl 2011. Companies Act 2006. employment and health and safetv legislalion . Our testing included discussions with management and directors with direct responsibility for the compliance of laws and regulations and agreeing financial statement disclosures to underlying supporting documentation. There are inherent limitations in the audit procedures described and, the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. As part of our audit. we addressed the risk of management override of internal controls, including testing of journals and review of the nominal ledger. We evaluated whether there was evidence of bias by the directors that represented a risk of material misstatement due to fraud.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance yvith Tegulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements. as we will be less likely lo become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error. as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. 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.ukl auditorsresponsibilities. This description forms part of our auditorfs reporL Use of our roport Thi5 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 its trustees those matters we are required to state to them in an auditorfs 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 and its members. as a body. for our audit worl for this report. or for the opinions we have formed. ] 1&21GIIT+lJ Adrian Stanrforth Isenior ststutory auditor) for and on behalf of BHP LLP Chartered Accountants Statutory Auditor 57-59 Saltergate Chesterfield Derbyshire S40 1UL Dat6: Aug 26, 2021 47
DERBYSHIRE WILDLIFE TRUST LIMITED (A company limited by guarantee) CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2021 Vor¢ed Funds 2021 Totsi Funds 2021 £000 Total Fund$ 2020 £000 Fund5 2021 In¢om• From Don10$ and lega¢ies 912 Chariiable a¥Vill&S 1,068 her trading aetivities 361 Inv8stm•nts 86 Other income 400 Totsi in¢om• 1.941 957 2.898 2.423 ExpoTrdityrn on: Raising lunds 819 1,126 Charitable activities 10 971 107 1,404 Total eNp•nthluve 1.790 2.530 lJ•t incom•ll•xpenditurnl befo net gainslllowsl on inv•stm•nts 151 318 11071 Net gainslllossesl on investm¢nts 17 79 1951 N•t movemenl in lunds before other rKo9nisd g•iTrs 318 12021 Other CognIsed gains: Actuarial gains on defined benefit pension sehèmes 27 156 N•t mw•ment In lunds 318 553 1461 Recon¢ili•titsn ol fund& Toial funds brought forward 2.426 2.472 Net mov•ment in fvnds 318 $53 1461 Totsl fundj caTri•d lorw•ryl 2379 2,426 The Constslidated statemerf ot linancial acttvities inclvdes 1193ins and los$es recogniseo ih thtr year. The notes on pages 54- 81 form part of these financial statements.
DERBYSHIRE WILDLIFE TRUST LIMITED IA company limited by guarantee) REGISTERED NUMBER: 0715675 CONSOLIDATED BALANCE SHEET AS AT 31 MARCH 2021 Note 2020 £000 Flxed asw# Tangible assels 15 420 H8riiage a$$ 16 1,339 Investm•nts 17 431 2246 2,190 Cuffent amets Siocks 18 28 Dèbtors 19 410 470 Cash ai bank and in hand 106 604 Creditors.. amounts falling due wiihin one year 20 12251 Net ¢uttent •ssets 379 Totsl ass•ts l•ss wTr•nt 2,569 Creditors.. amounts falling du8 aftèr rnorè ihan one year 21 1361 N•t assets excluding pension Ir•bility Defined benefit pension s¢h¢mo liability 2.533 27 11071 Total as$¢ts 2J79 2.426 Ch•rltylund$ Restricted funds 22 1044 1,726 Unrestrithed funds 22 935 700 Total lunds 79 2,426 49
DERBYSHIRE WILDLIFE TRUST LIMITED (A company limited by guarantee) REGISTERED NUMBER: 0715675 CONSOLIDATED BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2021 The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime. The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by: SusanllWrlA Dr SJ Mayer (Chair of Trustees) Date: Aug 26, 2021 The notes on pages 54- 81 form part of these financial statements. 50
DERBYSHIRE WILDLIFE TRUST LIMITED (A company limited by guarantee) REGISTERED NUMBER: 0715675 TRUST STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2021 2020 Eooo ix•d •Mets Tangible assets 15 420 Heritage assets 16 1,339 Investmenis 17 461 2276 2220 Current ets Siocks Deblors 19 410 470 Cash at bank and in hand 106 Croditors.. amounts falling due within one year 20 12531 Net cuvr8nt assats 110 351 Tot•1 •ss•ts l•$$ tuvr•nt 2.571 Creditors= amounts falling due after mor• than one year 21 1361 1361 Net •M•ts •xelud9 p•Thsion Ilabllity Defined benefit pension scheme liability 2.535 27 11071 Totsl n•1 ets 2.981 2.428 ChaTrty fund5 R•stri¢lgd lund5 22 1044 1.726 Unr•stricted funds 22 702 Total unrestricted lund3 22 702 Totsl lunds 2281 2.428 51
DERBYSHIRE WILDLIFE TRUST LIMITED (A company limited by guarantee) REGISTERED NUMBER: 0715675 TRUST STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 MARCH 2021 The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements. The financial statements have been prepared in accordance wtth the provisions applicable to entities subject to the small companies regime. The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by: Dr SJ Mayer Ichair of Trustees) Date: Aug 26, 2021 The notes on pages 54- 81 fomi part of these financial ateMents. 52
DERBYSHIRE WILDLIFE TRUST LIMITED IA company limited by guarantee) CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2021 2021 2020 C•$h flows fwm op•ratlng xlivilies Net cash used in operIng artivities 24 11121 CJ$h flows Irom investing artivities Dividends. interests and renis from investments Proceeds from the sale of tan9ible fixed assets Purchase of tangible fixed assets 11261 Proceeds from sale of invesiments 75 292 Purchase ol Investments 11921 N•t cash lusod inllprovid¢d Inv•stlng a¢tl¥ltl•s Chang• In ¢ash and •qulval•nts In th• year Cash and cash equivalents at the beginning of the v?ar 25 106 149 Cash •nd ¢ash •quiwdl•nts at th• •nd ofth• The notes on p8ges 54- 81 form part of ihese financial statemen 53
DERBYSHIRE WILDLIFE TRUST LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 General infomiation Derbyshire Wildlife Trt4St Limited 1$ a company limited by guarantee incorporated in England and Wales. The registered office is Sandy Hill. Main Street. Middleton. MatlocL Derbyshire, DE4 4LR. The members ofthe eompany are the Trustees named on page 1. In the event ofthe company being wound up. the liability in SpeCt of the guaraniee is limited 10 £1 per member of the company. Ac¢ounting poli¢i•s 2. 1 Basis of preparation of financial statements The financial statements have been prepared in accordance wilh tho Charities SORP IFRS1021 A¢counting and ReFrtIng by Charities.. Statement of Rewmmended Practice applicable to eharities preparing their accounis in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021 (issued in October 20191. the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021 and the Companies Aci 2006. Derbyshire Wildlife Trust Limiied meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transadion value unless otherwise stated in the relevant accounting policy. The Consolidated statement of financial activities ISOFAI and consolided balance sheet consolidate the financial statemenls of the Trust and it$ subsidiary undertaking. Thg results of the subsidiary are consolidated on a line by line basi5. The accounts are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest fOOO. The Trust has taken advaniage ofthe exempiion allowed under section 408 of ihe Companies Act 2006 and has not presented its own Statement of financial activities in these financial statements. 2.2 Going ¢on¢•m The irustees have prepared forecasts of income and expenditure and cash flow for a period of 12 months from approval of these financial statements which show that they will be able to operate within the facilities available to them. Therefore, the trustees believe that it is appropriate to prepare the accounis on a going concern basis. 54
DERBYSHIRE WILDLIFE TRUST LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 A¢¢ounting policies lcontinuedl 2.3 Incom• l income 1$ recognised once the Trust has entitlernent to the income. it is probable that the income will be received and the amount of income receivable can be rneasured reliably. The recogniiion of income from legacie5 is dependent on establishing entitlemeni, the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the Trust has sufficient evidenee that a gift has been left to them Ithrough knowledge of ihe existence of a valid will and the deaih of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estaie. Receipt of a legacy musi be recognised when it is probable ihat it will be received and the fair value of the amount receivable. which will generally be the expected cash amount to be distributed to the Trust. can be reliably measured. Gifts in kind donated for disiribution are included ai valuation and recognised as income when they are distributed to the projects. Gifts donated for resale are included as income when thev are 501d. Donated services or facilities are recognised when the Trust has control over the item. any condition5 associated with the donated item have been met. the receipt of economic benefit from the use of the Trust of ihe item is probable and that economic benefit can be measured reliably. Income from government and other grants are recognised ai fair valug when the charity has entitlement after any performance conditions have been met. it is probable that the income will be received. and the amount can be measured reliably. If entitlement is not met. then these amounts are deferred. Income from investments. Gift Aid and deeds of covenani is included and is accounted for when it is receivable or the Charity's right to it becomes legally enforceable. Income tax recoverable in relation to donations received under investments, Gift Aid or deeds of covenant is recognised ai the time of the donation. Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service. Membership income 15 taken to the Statement of Financial Activities over the life of the subscripiion. taking into account the types of membership involved. 55
DERBYSHIRE WILDLIFE TRUST LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 Accounting policies l¢ontinuedl 2.4 Expenditure Expenditure is recognised once there is a legal or consimetive obligaiion to transfer economic benefit to a third party. it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation Can be measured reliably. Expenditure is classifigd by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each adivity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to rnore than one activity and support costs which are not anributable to a single activity are apportioned beiween those activities on a basis consistent with the use of resources. Central staff Costs are allo¢ated on the basis of time spent, and depreciation charge5 allocated on the portion of the asset'5 use. Expendilure on raising funds includes all expenditure incurred by the Group to raise funds for its charitable purpo$8s and includes costs of all fvndraising a¢tivities gvents and non-¢haritable Irading. Expendilure on charitable activities is incurred on directly undertaking the activities which further the Group's ob)eives. as well as any associated support costs. The Charity and its subsidiaries are partially exempt. Irrecoverable VAT is allocated to the appropriaie cost categories. 2.5 Govemment grants Government grants relating to tangible fixed ass$ are treated as deferred income and released to thg Consolidated slatement of financial activities over the experted useful lives of the assets concerned. Other grants are credited to the Consolidated statement of financial activities as the related expenditure 1$ incuTred. The Coronavirus Job Retention Scheme IQIRSI income is ognised in the period to which it relates on an accrual basis. 2.6 Volunt••r hdp The Trust receives support from a wide variety of volunteers. In accordance with the Charities SORP IFRS 1021, the general volunteer time of the Trust is not recognised. It is nol practical to place a value on the time volunieered by these persons. due io the variety of duties performed, the differences in time spent and the sheer number of volunteers who gave of their time. 2.7Taxation The Trust is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition ol a eharitable company for UK Corporation tax purposes. Accordingly. the Trust is potentially exempi from taxation in respect of income or eapiial gains received within categories covered by Chapter 3 Part I l of the Corporation Tax Acl 2010 or Seetion 256 of the Taxation of Chargeable Gains Act 1992, to the eeftt that such income or gains are applied exclusively to Charitable purposes. 56
DERBYSHIRE WILDLIFE TRUST LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 A¢countlng pollcles Iconlinued) 2.8Tanglble fixed assets and deprnciation Tangible fixed assets costing £500 or rn0 are capitalised and recognised when future e¢onomie benefits are probable and the cost or value of the asset can be measured reliably. Tangible fixed asset5 are initially recognised at cost. After recognition. under the cost model. tangible fixed assets a measured at cosi less accumulaied depreciation and any accumulated impairment losses. All costs incufred to bring a tangible fixed asset into its intended working Condition should be included in the measurement of cost. Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimaied useful lives. using the straight-line method. Depreciation is provided on the following bases= Leasehold property - 2% per annum straight line Motor vehicles - 20% per annum straight line Fixtures, ffttings and equipment - 25% per annum straight line Hides and temporary building$ 10% per annum siraight line 2.9 Herft•ge assets The Charity's objects include the conservation of naiure for the purpose of study and research and to educate the public in understanding and appreciation of nature. the awareness of its value and the need for its conserv81ion. As such the Charity owns and maintains a number of nature reserves that fall inlo the definition of heritage assets in accordance with FRS 102. These assets are recognised on the Balance Sheet and initially measured a5 Cost when purchased or if donated. their valuation. Being land in nature they have not been depreciated. The Costs of maintaining the heritage assets are expensed trough the statement of financial activities as incurred. as part of the Trust's eharitable a1Ville$. 2. 10 InVestnnts Fixed asset inVementS are a fomi of financial instrumeni and aTe iniiially recognised ai their transaction ¢o$l and subsequently measured at fair value at the Balance sheet date. unless the value cannot be measured reliably in which case it is Measured at cost less impairment. Investment gains and losses. whether realised or unrealised, are combined and presented as 'GainsllLosse$l on investments. in the Consolidated statement of financial activities. Investment$ in subsidiaries are valued at cost less provision for impairment. 2.11 Sto¢ks Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving sto¢ks. Cost includes all direct costs and an appropriate proportion ol fixed and variable overheads. 57
DERBYSHIRE WILDLIFE TRUST LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 Accounting policies l¢ontinued) 2. 12 Debtors Trade and other debtors are recognised at the settlemem amount after any irade discount offered. Prepayments are valued al the amount prepaid net of any trade discounts due. 2. 13 Cash at bank and in hand Cash at bank and in hand includes cash and short-term highly liquid investmenis with a short maturity of three months or less from the date of acqui$iiion or opening of the deposit or similar account. 2.14 Uablliti Liabilities and provisions are recognised when there is an obligation at the Balanee sheet date as a result of a past event, it is probable that a transfer of economic benefit viill be required in settlement. and the amount of the selllement Can be estimated reliably. Liabilities are recognised at the amount that the Trust anticipates it will pay to settle the debt or the amouni it has received as advanced payments for the goods or $eNice5 It must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Ijvhere the effect of the time value of money is material. the provision is based on the present value of those amounts. discounted at the pre-tax discount rate that refleds Ihe risks specific to the liability. The unwinding of the dis¢ount is re¢ognised in the Consolidated statement of financial activities as a finance Cost. 2. 15 FAnJncial instrnments The Group only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at Iransaction value and subsequently measured at their settlement value with the exception of bank loans vthi¢h are subsequently measured ai amortised cost using the effective interest method. 2. 16 Operntlng leases Renials paid under operating leases are ¢harged to the Consolidated statement of financial activities on a straight line basis over the lease term. 2. 77 Penwn$ Derbyshire Wildlife Trust 15 part of a rnulti-employer defined benefit pension scheme of which asseis of the scheme are held in a separately adminisiered fund. The liabilities have been calculated based on the preliminary results of the full scheme funding assessment as at 31 March 2019, updated to 31 March 2021. The present value of the defined benefit obligation was measured using the projected unit credit method. 58
DERBYSHIRE WILDLIFE TRUST LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 A¢¢oufttlng policiès l¢ontlnuedl 2. 18 Funda¢¢ounting General funds are unrestricted funds which are available for use ai the discretion of the Trustees in furtherance of the general objectives of the Group and which have not been designated for other purposes. Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set oul in the notes to the financial statements. Restricted funds are funds which are to be used in accordance with SPlf1¢ resiri¢tion$ imposed by donors or which have been raised by the Group for particular purposes. The Costs of raising and administering such funds are charged againsi the specific fund. The aim and use of each r8Strirted fvnd is sel out in the notes to the financial stat8menls. 2. 79 Redundancypaym•nts Redundancy benefits are payable when employment is temiinaied before the normal retirement date. or whenever an employee accews voluntary Tedundancy in exchange for these benefits. The charity recognises redundancy benefits when it is committed to temiinaiing the employment of current employees according lo a detsiled fomial plan without possibility of withdrawal. 2.20 Basis of eonsolidation The financial statements consolidate the accounts of Derbyshi Wildlife Trusi Limiied and all of its subsidiary undenakings I'subsidiaries'l. The Trust has taken advantage of the exemption contained within section 408 of the Companies Act 2006 noi to preseni its own Income and expenditure account. The income and expenditure aeeount for the year dealt with in the accounts of the Tru was £553.OIXI surplu$12020.. £46.IXIO deficit). Local groups affiliated to the Charity are not consolidated on the grounds they are not material. Donations from these groups are treated in accordance with the Income policy above. 59
DERBYSHIRE WILDLIFE TRUST LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 Critical ae¢ounting estimates and ar•as of judym•nt Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events thai are believed to be reasonable under the circumstances. Critical acwunting estimates and assumptions: The Trust makes estimates and assumptions concerning the future. The rosulting aceounting estimates and assumplions will, by definition, seldom equal the related actual resulis. The estimales and assumpiions that have a significani risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are discussed below. Critical areas of judgement: Support costs Many of the cOS incurred by the Charity such as support staff Costs and seNice costs are shared between activities. The Charity's Poli is to allocate these cost$ on the basis of stsff numbers, Incom• Irom donation$ and lega¢ies Total fund¥ Tolal fvnds 2020 fund5 2021 £000 Gift aid 140 101 Legaci•s 223 Donations from individuals 86 27 113 93 Corporate body donations 17 Membership income 471 471 912 Total 2020 8e* 33
DERBYSHIRE WILDLIFE TRUST LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 Analysis ol income flom ¢haritsbh" •clivits•s by type of InMe Tot•1 fund$ 2021 £000 Toial funds 2020 £000 fvnds 2021 Government bodies 113 229 Environmental agency 67 Corporate bodies 19 87 106 30 Charitable bodies 103 612 715 339 Landfill community fund 146 146 Servlce level agreements 135 135 129 Education. conservation and iraining 219 219 138 Reserv¥ managemeni 90 562 920 1.068 Total 2020 603 465 Income from other tring •¢ti¥lties Income from non thaiitablo trading acti¥iti8s Totsl funds 2021 Toial funds 2020 £000 funds Éooo Shop incom¢ Fundraising evonts Rents. p¢rmits and reports Other income 50 361 Total 2020 15 361 61
DERBYSHIRE WILDLIFE TRUST LIMITED (A company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 vestment incom• Totsl funds 2021 Total fund$ 2020 fund5 2021 In¥esiment in¢ome- dividends 86 Totsl 2020 Other income Totsl funds Total hjnds 2020 fvn £fjoo Profit on disposal of assgts CJRS income 272 Other eovid support 128 Total 2020
DERBYSHIRE WILDLIFE TRUST LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 Expènditure on rai$ing fund5 Fundroising trading expenses Total lund5 2021 £000 Toial funds 2020 £000 funds 2021 lunds Costs of raising funds 352 410 Costs of raising funds- wages and Salaries 336 481 Support Costs 235 819 1.12 Total 2020 1.113 13 1.126 Analysis of support costs 2020 £000 £000 Staff costs 70 91 Dgpre¢iation 18 31 Governance Inoie 111 14 17 IT eosts 10 Offico ¢osts h$r cosi8 25 78 235 *Support costs are allocated on the basis of staff numbers 63
DERBYSHIRE WILDLIFE TRUST LIMITED (A company limited by guarantee> NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 10. Analy$ls of •xpendiNr• by adivili•s Total furbds 2021 £000 Toial funds 2020 £cKJo 2021 £000 Wildlife sites 1Jn4 747 Inspiring people 133 179 385 Nature reserves 273 141 414 272 1.249 358 1.607 1.404 Total 2020 1.070 1,404 Analysls of support ¢osts Inspiring P•opl• 2021 Totsi fvnds 2021 £000 Total funds 2020 £000 wIr* si1•5 Stsff costs 75 75 175 130 Dgpreciation 19 Governan¢e Inote 111 22 15 23 IT ¢osts 15 Office eosts Oih¢r ¢osts 75 171 334 Totjl 20ZO 164 85 85 Support costs are alloeated on the basis of staff numbers
DERBYSHIRE WILDLIFE TRUST LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 11. Gov•man¢• costs unreethd funds T¢)t•l lunds 2021 Total funds 2020 £000 £000 Auditor's remuneration 13 13 Legal fees Other professional fees 22 40 Total 2020 12. Auditor s remuneration 2021 2020 £000 Fees payable to the Tnjst's auditor for the audit of the Trusvs annual accounts 13 13. Siaff ¢Mts Group Group 2020 CompBny 2021 tooo Comp8nv 2020 Éooo Wages and salaries 1218 1.19d 1218 1,194 Social security costs 93 93 Contribulion to defined contribution panslon sehèmes 97 103 97 la84 1.384 Included within the above are redundancy costs of £4.84212020: £18A841. 65
DERBYSHIRE WILDLIFE TRUST LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 13. Staff costs Icontinuedl The averège number of persons employed by the Trust during ihe year was as follows.. Group Group 2020 No. 64 The number of employees whose employ¢e benefits Itx¢lvding vJmploy¢r pension ¢ostsl exceeded 60.000 was: Group 2020 No. GTOUP No. In the band 60.001 - 70.000 In the band 70,001 - 80.C We depend hugely on our volunteers arKI that has continued through the Covid crisis. The number of volunteer hours fell, due to restrictions. to 14,45412020- 48,5421. These volunteers support all aspects of our work. Assuming an average equivalent day of five hours volunteering and a day rate of £50 this equates io an in-kind value to the Trust of £144,54012020- £485.4201. Total employee benefits of fJ13.934 {2020: £199.7131 were paid to the key management personnel in Ihe year. The key management personnel are the senior management ieam. 14. TN$te89' rnmun•Ation and •xp•n During the year. no Trustees e1Ved any remuneraiion or other benefits12020- NILI. During the year ended 31 March 2021. expenses totalling £394 were 1Mbr$ed or paid directly to one Trustee. 12020.. £236 to one Trusteel. The expenses were for reimbursement of travel costs. 66
DERBYSHIRE WILDLIFE TRUST LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 15. Tangible fixed assets Growl •nd Companv leasehold Motor FIxtsr ¥rMI hid•s ffttings £000 Other ffixed Total £000 £000 Cost or v¥lu10 Ai 1 April 2020 173 656 Additions 15 28 Disposals 1581 At 31 March 2021 401 115 223 D•pMeiation Ai l April 2020 134 144 88 70 436 Charge for th8 year 71 On disposals 1581 1581 At 31 March 2021 141 136 78 Net book v•luo Ai 31 March 2021 21 21 Ai 31 March 2020 254 108 420 67
DERBYSHIRE WILDLIFE TRUST LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 16. Herits9e assets Group andTNgt A$$ets recognlsed at eost H¢rTtagg asstrts 2021 £000 Carrying value gt 1 April 2020 1.339 1.339 The Trust'$ nature reserrfes are held to advance the ¢onservaiion objectives of the charity and therefore are recognised as heritage assets. Such assets are central to the achievements of the Trust. Purchased heritage asseis are included in the Balance Sheei at Co. Donated assets are only included in the Balance Sheet where a reliable valuation can be obtained at the date of donaiion. The following nature reserves have been purchased or donated throughout the life of ihe Trust: Barton Pool Gang Mine Ipartl North Win9figld Broadhurst Edge Wood Hartington Meadows Ipartl Overdale Carr Vale Hillbridge and Park Woods Ipartl Priesicliffe Lees SSSI Cheg Dale SSSI Hilton Gravel Pits SSSI Risley Glebe Ipartl Cramside Wood SSSI Ladybowor Wood SSSI Rose End Meadows Deepdale and Topley Pike SSSI Lea Wood Willington Gravel Pit5 Duekmanton Railway Cutting SSSI Long Clough Woodside Erewash Mgadows Morley Brictyards SSSI In addition. the followng are being leased or renied at a nominal rental: The Avenue Washlands Hadfields Quarry Brockholes Woods SSSI Hartington Meadows Ipart} Carvers Rocks SSSI Hillbridge and Park Woods Ipartl Cromford Canal LNRISSSI Hollinhill and Markland Grips Drakelow Holly Wood Gang Ming Ipartl Hopion Quarry SSSI Golden 8rook Storage Lagoon Lock Lane Ash rip Mapperley Wood Millers Dale Quarry SSSI Oakerthorpe LNR Risley Glebe Ipartl Rowsley Sidlings Spring Wood SSSI Watford Lodge LNR Witches Oak Water Wyver Lane Public access to the sites is generally unrestricted subject to health and safety, temporary operational or other restrictions such as within leases or conveyance documents.
DERBYSHIRE WILDLIFE TRUST LIMITED (A company limited by guarantee> NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 16. Hgritage assets l¢onlinu•dl Analysi$ of heritag• ass•t tranuctlons Group and comp•nv 2021 2019 00 2018 £OOD 2017 £000 Purchasgs Heritage ass$t$- 4t cost Toial additions Disposals Heritage ass•ts- at cost Total disposals 17. Fixed as¥et inv•stm•nts Listed investments £oTrJ Group Cast or v•luatioTh At l April 2020 431 Additions Disposals 1751 ReValu10ns 79 At 31 Mah 2021 518 Not book value At 31 March 2021 518 At 31 March 2020 431 69
DERBYSHIRE WILDLIFE TRUST LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 17. Fixed asset investm•nts l¢onlinued) bskliary ¢ompanles Llsted Investments Total £000 Twst Cost or valuation 461 At l April 2020 B3 Additions (751 1751 Rgvaluations 79 79 At 31 March 2021 30 518 Net book valu• At 31 March 2021 30 518 At 31 March 2020 30 431 461 Princlpal subsidiarle$ The following was a subsidiary undertaking of the Trust: Nam• Company R•gistmd olfi¢e •r Class of shar•s prindpal pla¢• ol bu5ine55 Holdlng Derbyshire Wildlife Resources 02262893 As parent ordinary 100% The financial results of the subsidiary for the year were- Name N•t assets Derbyshir• Wildlife Resources 28 70
DERBYSHIRE WILDLIFE TRUST LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 18. Group 2021 Group 2020 £000 Comp•ry Companv 2021 £000 Finished good$ and goods.for resale 28 28 19. Debtor$ Gro Comp• 2021 Company 2021 2020 Trade debtors 161 161 Oth¢r debtors 313 313 Prèp8ym8nts and accruèd income 61 34 61 410 470 470 crltOrs. Amounts falling due within one ar Gvoup Group 2020 Comwrry 2021 £000 Company 2021 £000 £OOD Trad8 creditors 164 150 164 150 Amounts owed to group undèrtakings 28 Chher taxation and social security 29 Other creditors 17 17 Accruals and deferred income 29 225 2S3 71
DERBYSHIRE WILDLIFE TRUST LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 21, Creditors: Amounts falllng due after morn than one year Gmup 2021 Group 2020 Compjny 2021 £000 Company 2021 £000 D¢fined benefit pension deficit liability 36 36 In prior years ihe Trust contributed io a Growth Plan available through the Pensions Trust for previous chief executives. Underthe terms ofthe Pensions Trust scheme. where an employer withdraws from the Pension Trust, a lump sum contribution to the overall scheme deficit becomes due. As at 31 March 2021, the Trust's lump sum would amount to approximately £36k. This has been provided for in the accounts. The toial pension charge relating to this scheme 1$ nil12020: £nill. 72
DERBYSHIRE WILDLIFE TRUST LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 Statem•nt of funds Statement of fundy Balaft¢e at 1 April 2020 Galnsl B•lance Ot 31 (Losses) March 2021 £OOD £000 Inlout £000 Unr•sbl¢t•d lu• All general funds 1J41 79 Pension reserve 700 935 Restrictrd fvnds Nature ieseTh¢ assèt B8d9er Edge Vaeeination scheme 25 Longdendale Trail Restoration Working for N•T& 11171 River Amber Catchment Project 173 Badger Vaccination DV Peak Shopping Villag• 13 13 Green Recovery Challenge fund 135 Willington Wetlands 16 79 Aqueduct Cottage & Lea Wood Gateway Clear amber 15 1271 12 Other restrithed funds 337 1.726 957 Tot•1 of lunds 2A26 12.4291 2.979 73
DERBYSHIRE WILDLIFE TRUST LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 Statement of fvnds Stal•ment ol funds - pOr year Balance at l Awil 2019 Transfers Inlo £000 Galnsl laTr¢e tht 31 ILosse51 MoTch 2020 £000 Unrnslri¢t*d lunds All general fvnds 1J10 12J1541 Pension reserve 156 11431 726 lJ10 12m91 61 700 Reslriet•d fwK15 Nature reseThe asset Badger Edge Vaccinaiion scheme 1471 Longdendale Trail Restoration 30 Working for Naiure 11611 River Amber Catchmeni Project 197 174 Badger Vaccinaiion DW 36 Avenue Washlands Reserve Peak Shopping Villagg 1121 13 Aqueduct Cottagt & Lea Wood Gateway 1261 Cleaf amber Other restricted funds 197 99 513 1.726 Total otfvnd 1472 61 74
DERBYSHIRE WILDLIFE TRUST LIMITED {A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 Statement of funds Icontinugdl Restricted Funds Badger Edge Vaccination Scheme: Working across Derbyshire with the National Trust. farmers. landowners and volunteers to ensure our badgers remain bovine TB free. Longdendale Trail Restoration: A project to restore and enhance grassland habitats along ihe Longdendale Trail and provide advice and assistance on managemenl of the Trail to United Utilities. Working For Nature- A seheme to train 24 trainees across 4 years. from hard to reach backgrounds. to achieve a Level 2 Diplorna in Environmenlal Conservation and provide employability skills. River Amber Catchment Project: Working to reduce diffuse agricultural pollution currently resulting in high phosphate levels across the Amber cChment due to the amount of sediment entering the watercourses. Badger Vaccination Dwf.. This project receives funds from public donations to help vaccinate badgers and ensure that as many badgers as possible across Derbyshire are bovine TB free. Avenue Washlands Reserve: A project to provide conservation management ai the Avenue Washlands Nature Reserve. Whistlestop.. A project to renovale and convert the old ticket office at Matlock Bath stalion. Peak Shopping Village.. Five-year project to create and manage a new nature reserve at the site. including people engagement aGtivilies. Aqueduci Conage & Lea Wood: As a DerwenThvise legacy project. we staned the resioraiion of this . historic building on our Lea Wood nature reserve. This reserve is a key gateway site in the Derwent Valley and we continue to raise funds. working in partnership with oihers, to restore the building to become an interpretation centre. as V11 as improving interpretation throughout the area. Clear Amber. Severn Trent via the Environment Agency have fvnded this project to improve waier quality in the Amber catchment, predominantly by working with farmers to reduce diffuse agricultural pollution. It also supports our role as the Derbyshire Derweni catchment partnership host. Willington Wetlands.. a programme lo develop the site as key gateway site in the Trent Valley. It is made up of various projects. including the beaver reintroduction project and access improvements. Green Recovery Challenge Fund: funded by Defra. through the National Lottery Heritage Fund. It is undertaking a series of projects across the eounty to deliver natu.$ recovery, as well as irnproving internal processes. developing a pipeline of projects and de-catbonising. where possible, land management. 75
DERBYSHIRE WILDLIFE TRUST LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 Analysis n•t assets btw••n funds Analysis ol n•t assèts betw•en lunds. euThont yknr 2021 £000 Totsl Funds £000 Tangibl• fixed as$ets Fixed #ss8t investments 518 518 leritsg• ossets IA38 1239 Curr8nt assets 706 Creditors due within one year 12521 12521 Crediiws due in more ihan one year 1361 1361 Provisions for liabilities and ¢har9es Tot1 2,979 Analysis of net osyts betw••n funds- prior year VnRstii¢ted lunds 2D20 £000 Tot•1 Fuftds £000 Tangible fixed assets 420 420 Fixed assèt investments 431 431 Heritagè a$$$t$ 1.338 1J39 Curr&nt assots 216 388 Creditors due within one year 12251 12251 Crediiofs due in more ihan one year 1361 1361 Provisions for liabilities and charges 11071 11071 Total 1.726 2.426 76
DERBYSHIRE WILDLIFE TRUST LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 24. Re¢onciliation ol n•t movement in fund5 to not ush flow from op•rnting a¢tlvitie$ Group 2020 £000 2021 £000 Net incomelexpendTrlure for the year las per Siaiement of Financial Adivitiesl 12021 Adlustm•thts lor: Depreciation charges 71 78 (Lossesvgains on invesiments 1791 95 Dividends. interests and ienis from investments 1861 IProliiVloss on the sale of fixed assets De¢r&aso in 3to¢ks Iln¢reaselldecrease in debtors 1321 Increa$8 in creditors 65 Defined benefit pension adjustments 1251 N•t cash pmvided byllused Inl ¢)pw•tln9 acti¥lll 25. Analysi$ of cash and ¢ash •quivalents Group 2021 Group 2020 £000 Cash in hand 106 Total 5h and $h equlvalents 106 26. Analysis ol chonges in n•t debt At 1 Ap1 Cash Flov 2020 £o(MJ At 31 March 2021 £()0 Cash ai bank and in hand 546 652 546 652 77
DERBYSHIRE WILDLIFE TRUST LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 27. Pension ¢ommitm¢nts The Group operates a defined benefit pension scheme. Under the requirements of FRS 102. the Tru includes the assets and liabilities of these arrangements in its balance sheet. Current service costs, curtailment and settlement gains and losses, and net financial returns are included in the statement of financial activities in the period which they relate. Actuarial gains arKI losses are recognised in the statement of financial activities. The most recent full Actuarial Valuation was at 31 March 2019 by a qualified independent actuary in accordance with FRS 102. As required by FRS 102. the defined benefit liabilities have been measured using the Projerted Unit actuarial cost method. The Trust's contributions for the year were £97.00012020: £103.0001. The Trustees are keeping under review the disclosed deficit in the Scheme. The next full actuarial valuation will be ai 31 March 2022. Principal ¥c¥rial assumplions •t the Balance She dats lexwossed as weighted •v•r•gesl: At 31 M•r¢h At 31 March 2020 Oiwount rats 2.25 Retail Price Index IRPII inflation 3AS 2.70 Consumer Price Index ICPII inflation 1.70 Future pension increases 5.00 At 31 MaY¢h 2021 Ai 31 March 2020 Years Mortality rates lin yèarsl . for a male aged 65 now 22.5 - at 65 for a male aged 45 now 24.0 2&9 - for a female aged 65 now 24 - at 65 for a female aged 45 now 2&4 26.2 78
DERBYSHIRE WILDLIFE TRUST LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 27. Pension l¢onlinuedl The Group's share of ihe assets in the scheme was: At 31 Mar¢h 2021 At 31 March 2020 Equities Gilts 30 22 Corporale bonds 22 Propety 14 19 Cash and other liquid assets 16 17 D8rivativ8s 10 Investmeni funds Asset backed securities Total f•lr TAlue ol •M•ts 100 ioo The amounts re¢ognised in the Consolidated statement of financial activities are as follows: 2020 Current service cost 14 Interesl income 1171 Interest cost 20 Administrative gXPgns•S 13 Tolal amount recognised in the ConsolFdated alement of financial artivities 15 79
DERBYSHIRE WILDLIFE TRUST LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 27. Pension ¢ommitm•nts Iconlinu•dl Movemenis in the present value of the defined benefit obligation were as follows: 2021 £000 Opening defined benefii obligation 827 Interest cost Benefits paid 1301 Administration costs 13 Remeasurement losses Closlng d•fined b•nofft obllgatlon 917 Movements in the fair value of the Group's share of scheme assets were as follows: 2021 £000 Opening fair valu8 of eme assets 720 Expee ruM on •ss•ts 15 Affluarial gainslllossesl Contributions by employer BenÈlrlS paid 1301 Remeasurement losses Closlng faSr vdu• of sth•me aM•ts Defined benefit pension s¢heme li•bility 2021 £000 Defined benefit obligation 917 Fair value of scheme as$rfs 80
DERBYSHIRE WILDLIFE TRUST LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 egnIS•d in oth•r compr•honsivg incom• Total funds 2021 £000 lunds 2021 £000 Athuarial loss on liabTrlilies Aetuarial gain on as5$ts 1941 Isi The Trust also contributes to a defined contribution scherne for both the deferred members of the Wildlife Tru5 Pension Scheme and new entrants. The total pension charge relating to these defined contribution schemes for the year was £97K12020.. £97kl. Operating l•as• commitm•nts At 31 March 2021 the Group and the Trust had commitments to make future minimum lease payments under non-cancellable operating leases as follows: Group 2021 Group 2020 Compary 2021 £000 Company 2021 £000 Not later than 1 y¢ar Later than I y•ar and not later than 5 years 184 105 253 105 253 30. R•lat•d party Iransactions The Trust has not entered into any related party transaction during the year, nor are there anv outstanding balances owing between related parties and the Trust at 31 March 2021. 81
Trustee Directory Trustees of the charity The directors of the charitable company are its trustees for the purpose of charity law. The trustees who have served during the year and since the year end were as follows: Dr S J Mayer. Chair Mr P A Bradbury. Treasurer MrDSCutts Mrs K M Bosley. Treasurer Ms C C J F Cremers Professor L Crowe Dr H A Edwards Miss A Elahi Ms G Foxcroft Dr N P Huish, Vice Chair Professor P T Lynch Mr C F Pickering Mr D Renwick Mrs J E Sterland Ms C Turton-chambers (retired 12 December 20201 {resigned 9 July 20201 lappointed 1 September 20201 (appointed 1 September 20201 lappointed 1 September 20201 (appointed 1 May 2020) Registered office Sandy Hill, Main Street, Middleton, Matlock, Derbyshire, DE4 4LR Chief executive officer Or J Smith Independent auditor BHP LLP. 57- 59 Saltergate. Chesterfield. S40 1 UL
Leav agift FOR NATURE Ji 15 "A legacy to your local Wildlife Trust is a very special gift that can do remarkable things to help the wildlife treasures on your doorstep. Sir David Attenborough After providing for your loved ones, p-le-a-sTr-rèThÈmber the. Derbyshire Wildlife Trust. When you are ready,- we are here to talk. 01773 881188 enquiries@derbyshirewt.co.uk www.derbyshirewildlifetrust.org.uk