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## 

|||||||||||Total|Tote I|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|funds|Restricted|Endowment|funds|funds|
|||||||General|Designated|funds|funds|2021|2020|
||||||Notes|E|E|E|E|E|E|
|Income from:||||||||||||
|Donations<br>and|legacies||||2|1,532,145|196,732|142,369||1,871,246|1,212,643|
|Charitable<br>activities:||||||||||||
|More space|for nature|—nature||recovery||19,079||145,328||164,407|147,083|
|More space|for nature|—nature||reserves||436,231||190,650||626,881|558,869|
|A movement|for nature|||||5,000||410,105||415,105|117,901|
|Telling Somerset's<br>story||||||124,467||2,197||126,664|114,884|
|Other trading<br>Ecology)|activities|(including||First||509,555||||509,555|578,282|
|Investments||||||13,496||||13,496|21,820|
|Other income||||||95,265||||95,265||
|Total||||||2,735,238|196,732|890,649||3,822,619|2,751,482|
|Expenditure<br>on:||||||||||||
|Raising funds|(including|First Ecology)|||7|970,216||||970,216|1,107,106|
|Charitable<br>activities:||||||||||||
|More space|for nature|—nature||recovery||130,585|2|129,909||260,496|364,171|
|More space|for nature|—nature||reserves||567,045||231,296||798,341|690,500|
|A movement|for nature|||||158,553||202,670||361,223|324,645|
|Telling Somerset's<br>story||||||152,349||2,197||154,546|149,244|
|Current service pension||cost/(credit)|||||||||(189,824)|
|Provision for Ash Dieback liability|||||18||||||600,000|
|Total||||||1,978,748|2|566,072||2,544,822|3,045,842|
|Net gain/(loss)|on investments|||||183,097||||183,097|(41,948)|
|Net income/(expenditure)||||||939,587|196,730|324,577||1,460,894|(336,308)|
|Transfers between<br>funds|||||22|(451,780)|482,626|(138,430)|107,584|||
|Net movement|in funds|||||487,807|679,356|186,147|107,584|1,460,894|(336,308)|
|Reconciliation|offunds|||||||||||
|Fund balances|brought|forward|at 1 April 2020|||692,215|2,833,328|407,095|1,633,849|5,566,487|5,902,795|
|Fund balances|carried forward at|||31March 2021||1,180,022|3,512,684|593,242|1,741,433|7,027,381|5,566,487|





## 

|||||||Group|Group|Trust|Trust|
|---|---|---|---|---|---|---|---|---|---|
|||||||2021|2020|2021|2020|
||||||Notes|||||
|Fixed assets||||||||||
|Tangible assets|||||13|847,651|864,433|832,560|852,910|
|Heritage assets|||||13|3,128,562|3,020,978|3,128,562|3,020,978|
|Investments|||||14|908,540|732,079|908,543|732,082|
|||||||4,884,763|4,617,490|4,869,666|4,606,970|
|Current assets||||||||||
|Stock|||||15|1,690|1,659|1,690|1,659|
|Debtors|||||16|685,603|760,921|698,147|762,576|
|Deposit accounts||||||1,802,732|596,951|1,802,732|596,951|
|Cash at bank and|in|hand||||346,515|586,805|333,459|581,801|
|||||||2,836,540|1,946,336|2,836,028|1,942,987|
|Liabilities||||||||||
|Creditors: amounts||falling due within one year|||17|248,493|176,472|233,048|161,758|
|Net current assets||||||2,588,047|1,769,864|2,602,980|1,781,229|
|Total assets less current liabilities||||||7,472,800|6,387,354|7,472,646|6,387,199|
|Provisions<br>for liabilities|||||18|445,419|600,000|445,419|600,000|
|Total assets excluding|||pension|liability||7,027,381|5,787,354|7,027,226|5,787,199|
|Defined benefit pension|||scheme|liability|12||220,867||220,867|
|Total net assets||||||7,027,381|5,566,487|7,027,226|5,566,332|
|The funds ofthe charity||||||||||
|Endowment<br>funds||||||1,741,433|1,633,849|1,741,433|1,633,849|
|Restricted funds||||||593,242|407,095|593,242|407,095|
|Designated<br>funds||||||3,512,684|2,833,328|3,512,684|2,833,328|
|Unrestricted<br>funds||||||1,180,022|692,215|1,179,867|692,060|
|Total charity funds|||||23|7,027,381|5,666,487|7,027,226|6,666,332|



## 




## 

## 

|||||||2021|2020|
|---|---|---|---|---|---|---|---|
||||||Note|||
|Cash flows from operating<br>activities||||||||
|Net cash provided<br>by operating<br>activities|||||25|1,101,245|225,234|
|Cash flows from investing<br>activities||||||||
|Dividends,<br>interest and rental income||||||13,496|21,820|
|Proceeds from the sale of property,<br>plant and equipment|||||||6,322|
|Purchase ofproperty,<br>plant and equipment||||||(155,886)|(83,759)|
|Proceeds from sale ofinvestments||||||139,039|113,403|
|Purchase ofinvestments||||||(150,978)|(79,563)|
|Net cash used in investing<br>activities||||||(154,329)|(21,777)|
|Change<br>in cash and cash equivalents|in the|reporting|period|||946,916|203,457|
|Cash and cash equivalents<br>at the beginning||ofthe reporting||period||1,225,509|1,022,052|
|Cash and cash equivalents<br>at the end|ofthe reporting||period||26|2,172,425|1,225,509|





## 

## 

## 

## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 



## 

|||2.|DONATIONS|AND|LEGA|CIES|||
|---|---|---|---|---|---|---|---|---|
||||||Total|||Total|
||||Unrestricted|Restricted|2021|Unrestricted|Restricted|2020|
|Membership'|||756,831||756,831|733,114||733,114|
|Donations|and|appeals|775,314|137,369|912,683|96,359|168,911|265,270|
|Legacies|||196,732|5,000|201,732|214,259||214,259|
||||1,728,877|142,369|1,871,246|1,043,732|168,911|1,212,643|



## 

|||||Total|||Total|
|---|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|2021|Unrestricted|Restricted|2020|
||||||'Z|'Z||
|More space for nature —nature|recovery|||||||
|Natural<br>England|||12,732|12,732||5,938|5,938|
|Statutory<br>body grants|||30,715|30,715||14,615|14,615|
|Other grants|||101,881|101,881||101,385|101,385|
|Consultancy<br>fees||19,079||19,079|25,145||25,145|
|||19,079|145,328|164,407|25,145|121,938|147,083|
|More space for nature —nature|reserves|||||||
|DEFRA||411,269||411,269|510,112|2,500|512,612|
|Statutory<br>body grants|||4,150|4,150||7,724|7,724|
|Landfill tax credit scheme|||65,422|65,422||||
|Other grants|||121,078|121,078||6,633|6,633|
|Grazing licences and property|lettings|14,506||14,505|20,076||20,076|
|Wood and firewood sales||10,456||10,456|11,824||11,824|
|||436,231|190,650|626,881|542,012|16,857|558,869|
|A movement<br>for nature||||||||
|Education<br>provision|||||180||180|
|Statutory<br>body grants||5,000|120,478|125,478||52,399|52,399|
|Other grants|||289,627|289,627||65,322|65,322|
|||5,000|410,105|415,105|180|117,721|117,901|
|Telling Somerset's story||||||||
|Statutory<br>body grants|||200|200||300|300|
|Other grants|||1,997|1,997||||
|Service level agreements||78,861||78,861|76,602||76,602|
|Data services||43,336||43,336|37,982||37,982|
|Sales income||2,270||2,270||||
|||124,467|2,197|126,664|114,584|300|114,884|
|||584,777|748,280|1,333,057|681,921|256,816|938,737|





## 

|4|. I|NCOME|FROM<br>O|THER<br>T|RADIN|G<br>AC|TIVITIE|S|
|---|---|---|---|---|---|---|---|---|
|||||SWT (Sales) Ltd|Total||SWT (Sales) Ltd|Total|
||||Trust|(see note 24)|2021|Trust|(see note 24)|2020|
||||||||S|S|
|Shop sales|||2,433||2,433|2,905||2,905|
|Fundraising|events||3,270||3,270|25,234||25,234|
|Other fundraising||activities|30,586||30,586|35,067||35,067|
|First Ecology||||473,266|473,266||515,076|515,076|
||||36,289|473,266|509,555|63,206|515,076|578,282|



## 

## 

||||||||Total|||Total|
|---|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|2021|Unrestricted|Restricted|2020|
|||||||S|||||
|Dividends|receivable||from equity shares||11,778||11,778|16,640||16,640|
|Interest receivable||from investment||funds|934||934|836||836|
|Interest receivable||from bank and||deposit accounts|784||784|4,344||4,344|
||||||13,496||13,496|21,820||21,820|



## 

|||||Total|||Total|
|---|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|2021|Unrestricted|Restricted|2020|
|Government|grants|95,265||95,265||||
|||95,265||95,265||||





## 

||||||Activities|||Activities|||
|---|---|---|---|---|---|---|---|---|---|---|
||||||undertaken<br>directly|Support<br>costs|Total<br>2021|undertaken<br>directly|Support<br>costs|Total<br>2020|
||||||E||||E|E|
|Expenditure||on raising||funds|||||||
|Cost of raising funds|||||167,660|49,829|217,489|175,456|53,772|229,228|
|Membership||recruitment||and retention|251,521|49,051|300,572|332,157|51,530|383,687|
|Merchandising||costs|||2,094||2,094|2,362||2,362|
|Investment|management|||fees|8,838||8,838|5,236||5,236|
|First Ecology|||||343,481|97,742|441,223|388,032|98,561|486,593|
||||||773,594|196,622|970,216|903,243|203,863|1,107,106|
|Charitable|activities||||||||||
|More space|for nature||-|nature recovery|204,616|55,880|260,496|284,211|79,960|364,171|
|Mores space||for nature||- nature reserves|701,702|96,639|798,341|584,602|105,898|690,500|
|A movement||for nature|||243,866|117,357|361,223|219,630|105,015|324,645|
|Telling Somerset's<br>story|||||116,707|37,839|154,546|110,800|38,444|149,244|
||||||1,266,891|307,715|1,574,606|1,199,243|329,317|1,528,560|
||||||2,040,485|504,337|2,544,822|2,102,486|533,180|2,635,666|



## 

|||||Costs of|Membership||More space|More space|||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||generating|recruitment||for nature —|for nature —|A|Telling|||
|||||voluntary|and|First|nature|nature|movement|Somerset's|Total|Total|
|||||income|retention|Ecology|recovery|reserves|for nature|story|2021|2020|
|||||||E||E||E|E|E|
|Finance||||8,758|6,128|19,929|11,923|21,299|14,777|7,716|90,530|106,159|
|HR/staff support||||2,787|1,952|6,346|3,796|6,782|4,705|2,454|28,822|40,727|
|Office costs||||7,986|5,589|18,170|10,872|19,420|13,472|7,032|82,541|69,498|
|Property<br>vehicles|and||motor|4,904|3,428|11,151|6,671|11,917|8,268|4,318|50,657|53,472|
|Recoverable|||VAT|(12,123)|||(2,598)|(17,319)|(2,598)||(34,638)|(17,272)|
|Marketing||||20,135|19,792|2,594|1,552|12,270|49,410|1,005|106,758|98,250|
|Information||technology||5,998|4,197|13,649|8,167|14,588|10,119|5,284|62,002|54,737|
|National<br>support|and||regional|4,464|3,123|10,157|6,076|10,854|7,530|3,932|46,136|52,940|
|Insurance||||498|348|1,133|678|1,211|840|439|5,147|3,447|
|Governance||||6,422|4,494|14,613|8,743|15,617|1,0834|5,659|66,382|71,222|
|||||49,829|49,051|97,742|55,880|96,639|117,357|37,839|504,337|533,180|



## 



## 

## 

|During th|e previous<br>financial<br>year, the <br>9.|Trust recognised<br> OTHER|a %600k p<br> CO|
|---|---|---|---|
|||Total|Total|
|||2021|2020|
|Depreciation||65,084|62,164|
|Auditors'|remuneration|||
|Audit|fees|14,392|11,850|
|Taxation compliance||1,110|2,082|
|Loss on|disposal offixed assets||954|



## 

|10. STA FF CO|STS||
|---|---|---|
||Total|Total|
||2021|2020|
|Wages and salaries|1,378,719|1,367,654|
|Social security costs|120,687|115,173|
|Pension costs|92,927|69,211|
||1,592,333|1,552,038|



|Total|Total|
|---|---|
|2021|2020|



|||2021|2020|
|---|---|---|---|
|||Number|Number|
|Charitable|activities|49|53|
|Raising funds||||
|Governance||||
|||59|62|





## 

## 

## 

## 

||Total|Total|
|---|---|---|
||2021|2020|
|At 1 April 2020|220,867|460,700|
|Cash contributions<br>in the year||(62,338)|
|Section 75debt cash payments|(220,867)||
|Finance cost:|||
|Unwinding<br>ofinterest||13,831|
|Movement<br>in discount rate||(1,502)|
|Section 75debt adjustment||(189,824)|
|At March 2021||220,867|
|Discount rate (IBoxx15year Sterling<br>Corporates<br>AA rated bond yield)||2.35%|



|||Total|Total|
|---|---|---|---|
|||2021|2020|
|Discount rate|pre-retirement||4.45%|
|Discount rate|post-retirement||2.2%|
|Price inflation|(RPI)||3%|
|Price inflation|(CPI)||2.2%|





## 

## 

||||Freehold and|||||
|---|---|---|---|---|---|---|---|
||Nature|reserves|leasehold|Plant and||Office||
||Freehold|Leasehold|property|equipment|Vehicles|equipment|Total|
||||||F.|||
|Cost||||||||
|At 1April 2020|3,020,978|103,946|739,830|391,700|164,024|157,254|4,577,732|
|Additions|107,584|||7,082||41,220|155,886|
|Disposals||||||(722)|(722)|
|At 31March 2021|3,128,562|103,946|739,830|398,782|164,024|197,752|4,732,896|
|Depreciation||||||||
|At1April 2020||103,758|91,037|268,958|98,799|129,769|692,321|
|Charge for the year|||14,885|18,763|16,307|15,127|65,084|
|Disposals||||||(722)|(722)|
|At 31March 2021||103,760|105,922|287,721|115,106|144,174|756,683|
|Net book value||||||||
|At 31 March 2021|3,128,562|186|633,908|111,061|48,918|53,578|3,976,213|
|At 31March 2020|3,020,978|188|648,793|122,742|65,225|27,485|3,885,411|
|Charity||||||||
||||Freehold and|||||
||Nature|reserves|leasehold|Plant and||Office||
||Freehold|Leasehold|property|equipment|Vehicles|equipment|Total|
|Cost||||||||
|At 1 April 2020|3,020,478|103,946|739,830|369,486|164,024|115,237|4,513,501|
|Additions|107,584|||3,456||37,244|148,284|
|Disposals||||||(722)|(722)|
|At 31March 2021|3,128,562|103,946|739,830|372,942|164,024|151,759|4,661,063|
|Depreciation||||||||
|At 1 April 2020||103,758|91,037|253,274|98,799|92,745|639,613|
|Charge for the year|||14,885|17,692|16,307|12,164|61,050|
|Disposals||||||(722)|(722)|
|At 31March 2021||103,760|105,922|270,966|115,106|104,187|699,941|
|Net book value||||||||
|At 31 March 2021|3,128,562|186|633,908|101,976|48,918|47,572|3,961,122|
|At 31March 2020|3,020,978|188|648,793|116,212|65,225|22,492|3,873,888|



## 

## 

||2021|2020|2019|2018|2017|
|---|---|---|---|---|---|
|Cost ofacquisitions|107,584|500|||14,709|
|Value ofdonated assets||||||
|Carrying<br>amount ofdisposals|||||54,938|
|Proceeds ofdisposals|||||120,709|
|Value of impairment||||||





## 

## 

|||||||Listed|Cash|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||||securities|holdings|2021|2020|
|Cost||||||||||
|At1April 2020||||||638,393|41,753|680,146|667,463|
|Additions||||||150,978|195,343|346,321|203,971|
|Disposals||||||(135,601)|(213,918)|(349,519)|(191,288)|
|At 31 March 2021||||||653,770|23,178|676,948|680,146|
|Revaluations||||||||||
|Unrealised|gains|at 1 April 2020||||51,933||51,933|112,644|
|Net gains|/(losses)||arising on revaluations|in the year||183,097||183,097|(41,948)|
|Disposals/reverse|||revaluations|||(3,438)||(3,438)|(18,763)|
|Unrealised|gains|at 31 March 2021||||231,592||231,592|51,933|
|Fair value|at 31 March 2021|||||885,362|23,178|908,540|732,079|
|Charity||||||||||
||||||Subsidiary|Listed|Cash|Total|Total|
||||||company|securities|holdings|2021|2020|
|Cost||||||||||
|At 1 April 2020|||||3|638,393|41,753|680,149|667,466|
|Additions||||||150,978|195,343|346,321|203,971|
|Disposals||||||(135,601)|(213,918)|(349,519)|(191,288)|
|At 31 March 2021|||||3|653,770|23,178|676,951|680,149|
|Revaluations||||||||||
|Unrealised|gains|at1 April 2020||||51,933||51,933|112,644|
|Net gains/(losses)||arising on revaluations||in the year||183,097||183,097|(41,948)|
|Disposals/reverse|||revaluations|||(3,438)||(3438)|(18,763)|
|Unrealised|gains|at 31 March 2021||||231,592||231,592|51,933|
|Fair value|at 31 March 2021||||3|885,362|23,178|908,543|732,082|



## 

## 

||Group||Trust||
|---|---|---|---|---|
||2021|2020|2021|2020|
|Stocks|1,690|1,659|1,690|1,659|
||1,690|1,659|1,690|1,659|





## 

||||Group||Trust||
|---|---|---|---|---|---|---|
||||2021|2020|2021|2020|
|Trade debtors|||88,035|133,178|37,429|27,204|
|Other debtors|||25,020|13,685|18,809|10,969|
|Prepayments|and accrued income||365,114|335,462|319,404|278,350|
|Legacies receivable|||207,434|278,596|207,434|278,596|
|Amounts<br>owed by subsidiary||company|||115,071|167,457|
||||685,603|760,921|698,147|762,576|



## 

|||17. C|R E D<br>I|TO RS||
|---|---|---|---|---|---|
|||Group||Trust||
|||2021|2020|2021|2020|
|||6||||
|Amounts|falling due within one year|||||
|Trade creditors||155,670|86,981|144,935|82,195|
|Other creditors and accruals||92,823|89,491|88,113|79,563|
|||248,493|176,472|233,048|161,758|



## 

|||||Group||Trust||
|---|---|---|---|---|---|---|---|
|||||2021|2020|2021|2020|
|Provisions||||||||
|At 1 April 2020||||600,000||600,000||
|Provisions|recognised||in the year||600,000||600,000|
|Provisions|released|in|the year|(154,581)||(154,581)||
|At 31 March 2021||||445,419|600,000|445,419|600,000|





## 

||Group||Trust||
|---|---|---|---|---|
||2021|2020|2021|2020|
|Within one year|10,847|18,488|10,847|18,488|
|Due one to five years||15,057||15,057|
||10,847|33,545|10,847|33,545|



## 

## 

## 

||21.|STATE|MENT|OF FU|NDS|||
|---|---|---|---|---|---|---|---|
|||At||||Investment|At|
|||1April 2020|Income|Expenditure|Transfers|gains|31March 2021|
|Unrestricted<br>funds||||||||
|Income fund||692,215|2,735,238|(1,978,748)|(451,780)|183,097|1,180,022|
|Tote I unrestricted<br>funds||692,215|2,735,238|(1,978,748)|(451,780)|183,097|1,180,022|
|Designated<br>funds||||||||
|Nature reserves||1,387,317||(2)|||1,387,315|
|Operating<br>freehold||647,988|||(14,885)||633,103|
|Nature reserves development||16,354|||||16,354|
|Development<br>reserve||539,067|196,732||500,000||1,235,799|
|Innovation<br>fund||42,602|||(2,489)||40,113|
|Nature reserves fund||200,000|||||200,000|
|Total designated<br>funds||2,833,328|196,732|(2)|482,626||3,512,684|
|Restricted funds||||||||
|More space for nature —nature|recovery|22,132|145,328|(129,909)|||37,551|
|More space for nature —nature|reserves|279,610|330,739|(231,296)|(108,944)||270,109|
|A movement<br>for nature||105,353|412,385|(202,670)|(29,486)||285,582|
|Telling Somerset's story|||2,197|(2,197)||||
|Total restricted<br>funds||407,095|890,649|(566,072)|(138,430)||593,242|
|Endowment<br>funds||||||||
|Nature reserves||1,633,849|||107,584||1,741,433|
|Total endowment<br>funds||1,633,849|||107,584||1,741,433|
|Total funds||5,566,487|3,822,619|(2,544,822)||183,097|7,027,381|





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## 

|||||Unrestricted|Designated|Restricted|Endowment|Total|
|---|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|funds|
|||||||||E|
|Tangible|and heritage||fixed assets|214,362|2,020,418||1,741,433|3,976,213|
|Investments||||908,540||||908,540|
|Current|assets|||751,032|1,492,266|593,242||2,836,540|
|Current|liabilities|||(248,493)||||(248,493)|
|Provisions||for liabilities||(445,419)||||(445,419)|
|||||1,180,022|3,512,684|593,242|1,741,433|7,027,381|



## 

|||2021|2020|
|---|---|---|---|
|Turnover||475,301|527,825|
|Cost ofsales||306,541|336,783|
|Gross profit||168,760|191,042|
|Administrative|expenses|77,974|96,188|
|Interest payable|||1,665|
|||90,786|93,189|
|Net profit||90,786|93,189|
|Taxation||||
|Net profit after taxation||90,786|93,189|
|Paid under gift aid to Trust||90,786|93,189|
|Profit brought|forward|152|152|
|Retained<br>profit carried forward||152|152|



|Assets|127,956|182,327|
|---|---|---|
|Liabilities|(127,801)|(182,172)|
|Funds|155|155|





## 

||||O|P ERAT<br>I N G|ACT|IVITI ES|||
|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|
|Net income/(expenditure)<br>for the||reporting||period (as per the statement|offinancial|activities)|1,460,894|(336,308)|
|Adjustments<br>for:|||||||||
|Depreciation<br>charges|||||||65,084|62,164|
|(Gains)/losses<br>on investments|||||||(183,097)|41,948|
|Dividends,<br>interest|and rents from investments||||||(13,496)|(21,820)|
|Loss on disposal of|fixed assets|||||||954|
|(Decrease)/increase|in provision|for liabilities|||||(154,581)|600,000|
|(Decrease)<br>in defined<br>benefit pension|||liability||||(220,867)|(239,833)|
|Decrease<br>in debtors|||||||75,318|82,006|
|(Increase)/decrease|in stocks||||||(31)|354|
|Increase<br>in creditors|||||||72,021|35,769|
|Net cash provided|by operating|activities|||||1,101,245|225,234|



## 

|||2021|2020|
|---|---|---|---|
|Cash at bank and|in hand|346,515|586,805|
|Deposit accounts|(less than 3 months)|1,825,910|638,704|
|||2,172,425|1,225,509|





## 

||||||||||Total|
|---|---|---|---|---|---|---|---|---|---|
|||||Unrestricted||funds|Restricted|Endowment|funds|
|||||General|Designated||funds|funds|2020|
|||||E||||||
|Income from:||||||||||
|Donations<br>and legacies||||829,473||214,259|168,911||1,212,643|
|Charitable<br>activities:||||||||||
|Inspiring<br>people and communities||||180|||58,072||58,252|
|Rebuilding<br>ecological|networks|||139,729|||124,451||264,180|
|Standing<br>up for nature|||||||57,436||57,436|
|Nature reserves||||542,012|||16,857||558,869|
|Other trading<br>activities||||578,282|||||578,282|
|Investments||||21,820|||||21,820|
|Total||||2,111,496||214,259|425,727||2,751,482|
|Expenditure<br>on:||||||||||
|Raising funds||||1,100,928||5,315|||1,106,243|
|Charitable<br>activities:||||||||||
|Inspiring<br>people and communities||||189,533||8,135|57,165||254,833|
|Rebuilding<br>ecological|networks|||347,739|||118,061||465,800|
|Standing<br>up for nature||||59,431|||58,858||118,289|
|Nature reserves||||607,044||1,925|81,532||690,501|
|Current service pension||cost/(credit)||(189,824)|||||(189,824)|
|Provision for Ash Dieback liability||||||600,000|||600,000|
|Total||||2,114,851||615,375|315,616||3,045,842|
|Net gains on investments||||(41,948)|||||(41,948)|
|Net income/(expenditure)||||(45,303)||(401,116)|110,111||(336,308)|
|Transfers between<br>funds||||284,279||(284,279)||||
|Net movement<br>in funds||||238,976||(685,395)|110,111||(336,308)|
|Reconciliation offunds||||||||||
|Fund balances<br>brought|forward||at 1 April 2019|453,239||3,518,723|296,984|1,633,849|5,902,795|
|Fund balances carried forward|||at 31March 2020|692,215|2,833,328||407,095|1,633,849|5,566,487|





## 

||At||||Investment|At|
|---|---|---|---|---|---|---|
||1April 2019|Income|Expenditure|Transfers|gains|31March 2020|
||E||E||E|E|
|Unrestricted<br>funds|||||||
|Income fund|453,239|2,111,496|(2,114,851)|284,279|(41,948)|692,215|
|Total unrestricted<br>funds|453,239|2,111,496|(2,114,851)|284,279|(41,948)|692,215|
|Designated<br>funds|||||||
|Nature reserves|1,386,819||(2)|500||1,387,317|
|Operating<br>freehold|662,713|||(14,725)||647,988|
|Nature reserves development|16,354|||||16,354|
|Development<br>reserve|1,404,648|214,259|(10,058)|(1,069,782)||539,067|
|Innovation<br>fund|48,189||(5,315)|(272)||42,602|
|Ash Dieback fund|||(600,000)|600,000|||
|Nature reserves<br>fund||||200,000||200,000|
|Total designated<br>funds|3,518,723|214,259|(615,375)|(284,279)||2,833,328|
|Restricted funds|||||||
|Inspiring<br>people and communities|47,109|61,170|(57,165)|||51,114|
|Rebuilding<br>ecological networks|66,133|130,460|(118,061)|(7,560)||70,972|
|Standing<br>up for nature|7,064|57,436|(58,858)|||5,642|
|Nature reserves|176,678|176,661|(81,532)|7,560||279,367|
|Total restricted funds|296,984|425,727|(315,616)|||407,095|
|Endowment<br>funds|||||||
|Nature reserves|1,633,849|||||1,633,849|
|Total endowment<br>funds|1,633,849|||||1,633,849|
|Total funds|5,902,795|2,751,482|(3,045,842)||(41,948)|5,566,487|



## 

||||<br><br>FUNDS 2|<br>020||||
|---|---|---|---|---|---|---|---|
||||Unrestricted|Designated|Restricted|Endowment|Total|
||||funds|funds|funds|funds|funds|
|Tangible|and heritage fixed assets||216,257|2,035,305||1,633,849|3,885,411|
|Investments|||732,079||||732,079|
|Current|assets||141,218|1,398,023|407,095||1,946,336|
|Current|liabilities||(176,472)||||(176,472)|
|Provisions<br>for liabilities||||(600,000)|||(600,000)|
|Defined|benefit pension scheme|liability|(220,867)||||(220,867)|
||||692,215|2,833,328|407,095|1,633,849|5,566,487|





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