¢h•rty number: 239899 •YDCW .4 CPRW Elusen Ceffi Cwlad Cymru The We15hCountry91de C￿rIty YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES UNAUDITED TRU8TEE8' REPORT AND FINANCIAL STATEM£NT3 FOR THE YEAR ENDED 31 DECEMBER 2023 ners YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES CONTENTS Page Relerence qnd •dmlnl•lr•tlv• d•tsll• of the Chafity. Its Tru•tee• •nd advl•er8 Tru4t••s' R•port Indep•nd•nt Exarnln•rfJ Report Statsmnt of FlnanGl•l A#tl¥ttl•• Balance Sheet Nots• to the Flnan¢lal Stat•m*nt¥ 10-24 YMGYRCH DIOQELU CYMRU WLEDIO CAMPAION FOR THI PROTECTI)N OF RURAL WALES REFERENCE AND ADMINISTRATIVE oEfAILS OF THE CHARITY. ITS TRIJSTEE8 AND ADVISERS FOR THE YEAR ENDED 31 DECEM8ER 2023 TN•tee• Jonathan Col¢h•$t¢r, Ch41r P•neh)p& Willl•m$, Tr•asur•r Dr K•n Addison Slmon Brook lappplnt¢d 25 Septsmb•r 2￿￿3) Dr Jonathan Dean Robert Hepworth Dr Chrlstine Hugh￿0￿0$ G￿lfr¢Y Sinclalr Ir•sf9n•d 22 March 2024) Vlctor Warr¢n Rl¢hard Willlams4118 Charfty Y•gl8t•Md nymbor 239899 Prlnclpal olfic• TYG 31 High Strnet Welshpool SY217YD WR Pather8 Chartered A¢eountants Hafren Hou6e s st Gllè$ Buskn••s Po SY18 3AJ Page 1 YMGYRCH DIOGELU CYMRU WLEDIG CAMPAKJN FOR The PROTECTION OF RURAL WPIES TRUSTEE$. REPORT FOR THE YEAR ENDED 31 OECEMBER 2023 The Tru51ees pr85ent their annual report together ￿th the financial $tatoment5 of th• Charity ICPRWI for th• year l Janu4ry 2L)23 to 31 De¢errber 2￿23. ObJectlve• and •ctlvnl•• . The purpo$• ofth• ¢h•rlty Tho chartty is a reotst8r8d ehafity, numbor 239899. The purpos• of the ch•rty i# d•fln8d In its Ch•rttabl• Objects. Th?se ¥re to.. organise concerted action to secure the protection of the landscape and environment ol the countryskle of Walès rocognlslng the Srnportance ol ts ¢ommunltlg$ and ¢ulture. act as a sosJrc• of advice and inform8tion in respect of the prot8ctSon and onh8nc8m•nt ol Welsh land￿p•s 4nd ¢ouotrysi4y4. To arousg, form and eduute opinion. b. Th• maln a¢llvttlw ¢arrl•d out by th• charly Our •ctwrtio9 Jre und?rtskeTr by vok¥fttsers in our branch•o throu9houl Wales *nd centralty by the trustees •nd staff members Wtsfking lor the ehanty. Our main aCtIv￿e¥ are a8 follws.. The promotion and safeguarding th• d￿tInCt￿ene$S of all Welsh lands¢8po8. for tfvJs• who I￿¢ in th•m. dep*nd on them or who enjoy their qualbts•g. At a gr8ss roots lev61, local branthes pr•s•nt 'Rural Wal•$' 8wards to organlsatlons and groups who h8ve shown outstsndin9 ènd•ovour in proff¥Jling rur•l ?nterprise. Reinforcin9 the need for ￿gIslat￿n in w￿￿5 to cornply wrth Ihe Wellbeing of Future Gènerati(￿$ IWal8sl Act 2016 and thè obllgktlons to const￿è, ènhaneè and promote our d•$ignÉt•d land8¢apo$. Thi5 11 und8rtak•n by d•tailed rfrspons•$ to consuknts'ons, nOM￿llY c•ntrally but 81so at braneh I￿81. Promotln9 tha Importaneo of protèthng W0￿h landstapès as natlonal assèts. Tho costs of £7.503 r•ktlng to 'North Wales Proieets, r•f•rMd to In ftota 8 of thè acec•unts relats8 to tho re ¢$tsblltshm¢nl and supp0rt1ng of tyjr branch8$ In N¢rth Wal#s. The pronx)Ilon and safeguarding tho d￿tinCtIVeneSS of all W•lsh 18ndscap•s. for thos• who lfv• in th•m, dopend on them or who enjoy their qualities. At a gra8$ root8 thl, local branches present 'Rural Wal¢$' awards to or9ani$ation¥ and groupi who h)v• shown outstsnding gndtrovour in prorroting rural ¢ntsrpTise. R*lnfoi¢ing the naed for kylBl8tion in W&bs to ¢omptywRh the We14being ol Future Generations IW81esl Act 2016 and thè oblHJatlon$ to consèrvÈ. Ènhantsè #n¢J promote tsvr désign#led landscapes. This is undertaken by detsiled respon8e8 te cor16uttat￿n$, norrr*lty centr81ty bvt aL%o at branch level. Promollnq tho Importgn¢e of PTQt8¢ling Welsh i•nd8¢8pe$ 88 nalion3105$¢ts. The costs of t7,503 rél8ting to'North Wales Pfol8cts' referr8d to In notè 8 01 th8 8CCOUnts relatés to th• r est4bli$hmenl and supp¢rtin9 ol our branche$ ID North Wa ty detsiled response5 to con$uttath)ns, normally cfrnlrally but also at branch levd. Page 2 YMQYRCH DIOOELU CYMRU WLEDIQ CAMPAIQN FOR THE PROTECTION OF RURAL WALES TRU8TEES' REPORT ICONTINUED) FOR THE YEAR ENOEO 31 DECEMBER 2023 ObJ•ctlv•8 and actlvltl•• leontlnu•dl e. The Charlty Comml••Son's guld*n¢• 4)n publk b•n•fiL In s•tting obJ•div•$ and planning for advtti•s, th• Trust••s havo gfvèn duo consideration to g•n•r81 guldan publl$hed by tho Charfty Comml6$lon rela￿n0 to publlc b¢n•flL snduding th• guidan¢• 'Publl¢ bonèfit Nrtning h¥rity IP821. The Truste¢$ ¢onsldor tt)8t all act1￿¢¥ und*rt8kon by tho Chafity havs bean undertokeh lorlho publ1¢ benefft 88 described In the gUKlance Achl•v•m•nts and yrformanc• . Rwlew of Actlvltl•• Durin9 the ye81, nalbnalty and I￿llY through our branches, CPRW hos cDntlnu•d to r•$pond to a $lgnifficant numbef of consultations. We acknow￿1y9e the tremendous effort which our brnnth¢s and key 1nd1wd￿lS mak• to this proee$s, in particular, becausg of Ouf limit•d $tsff rg$ource$. Aotlvltlm and A¢hl•v•m•nts duylng th• y•ar In¢lud•: R•l8lng publlclty at • ftatIOn￿ l•v•l In r•8pa¢t t)*. ¢wesfjonino Ihfj role of th• walar r¢gulator gn both $ido$ of th• bord•r lin conlund5on wth th• ¢￿paIgn for th• Pr¢ts¢tion of Rur•l Engl•nd oo th? Engllsh shJ•l. A8king Bule en•rgy thèy int•nd to connect thè Radnor For•st propo$•d wnd f*rm Its the Natklnal Gtld, laarfng a huie nOts￿rt[ of transml881on p￿on8 and cables slretchlng •¢rgs$ tti• lands¢ape. C•l8brating 09 But• •n•r9y r¥tra¢t Ih&lr plon$ for th$ Motrllro wlnd limi proposal due to Strong local oppos￿0Th. HvJhhghtlng Ih81 Ihg s￿1￿M for dgallng with Devok*pmnts of National Slgnffieance IONS) ￿ not fit for purpose. Laun¢hing the DN8 map all prewnt •ptyl¢•tlon• ￿Ing prgpowd a¢r06s Wal¢$ through th• DNS planning ¥ystern. Addttlon41 ￿¥1¢1•¥. W• respondBd to the Welsh Govemrnenl report on how fvtur• W•lyh energy will b8 pl8nn•d, d￿eloped •nd operatsd to reach it8 goal of net zero by 2050. We comm8nt•d that thé conslnJ¢tlon ol a new ga8 PO￿ pbnt by DRAX in Ihe Cynon Volley was • eJ•ar lllustrauon olthe lack oflolned up thIn￿Tr9 be￿&•n th6 Welsh And UK governmonts. W• n¥d• comrnants on th• pur¢ha$• of Gil*$ton• Farm and th* Groen Man f•stlval, Wè called on the W¢hh 9ovemrnent lo • bzlance btheen preserving our cuknral land$¢8pe and hlstsrl¢•l tr••$ur•rs •nd •dv•nclng r¥nfftbl• ¢n•rgy dovolopm¢nt cfi tho &v•nt Levels. We mad• $•v¢r•l Mpre$•ntatlon$ thbout th• propos•d Chydian R•ng• and Do4 Vall•y Natlonal Park propogtl. FurtThermore, ￿ re8pondod to many other crlti¢•l eon8uRafjons ovay Ihg y•ir. Wo fi￿d a pet￿0￿ ￿th th• s￿edd.9 P•tltbns CoM￿tt•• whleh was sèeking to fofC• thè Welsh Gov•mThnt to ¢on$ideT th¢ lull rang• of ele•ft energy $our¢a$ t¢ get Wal•s to not z•To and mlnlm16e thè amount of country81de •nd farmland $8crificed. We re8ched 9000 signatur•$, which Wds b•knw the thrnshold for * full d•bate in tho ¢h•mb•r, but It was dtscussed by the Pgtitlons committee $ub$equ•nty, unfortunat•ly, dl$mi$std P8g• 3 YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIQ•J FOR THe PROTECTION OF RURAL WALES TRUSTEES. REPORT ICONnNUEDI FOR THE YeAR ENDEO 31 DECEMBER 2023 AchlwgmgTrts and p•rIorma￿e (contlnu•dl Th• dlff•renrA the ch•rity rnade and the wlder benèrth to •ociety Th• chaiity oftan works in partn•rship with other ènwronmantsl groups ond 8etNlsts. A m•jc*r part of our work is deallng with the p18nnin9 proce8$ and ensuring that ewdene• Is prepared and prwnted In ¥ Ilmely rnanntT. Due lo thls collabor4lv• •pproa¢h. It 1$ often dln¢ull to kl•nOfy $U¢￿$6 slorbs which ar* ¢ntlrely down tts lusi our oym efforts. There are eensklerable benefrt$ to sodety of proteetlng the WeL%h country¥id¢ from either inappropriate devek)pm•nl or proposed dtrvelopmenl that can b• rnodified lo Nxnimiso adver58 imp8ds. b. Fundr*l¥lng We wefe fortsJn4t• to h•v• eonlnued support from T•d*rrth, • Sgin¥bury farnily Charitable TruBt. abng wtth an Anonymou8 Tru8t. Both trusts h8ve been long Standing 8UPPOrter$ of our Chjrrty and wo deeply grotèful for Ih•ir 5UPPOrt. . Inv•itm•nt pollcy and p•rfr*rm•n¢• Du¢ to the continulng unpredktabilty of the m•rkels, th• rts$•tv¢$ continu¢ to b• h*ltJ by Head Offi¢¢ *$ cash. They are inve8tsd witn CCLA who pey a hi9her rete ol iTrteres* than High street b8nk8. Flnan¢l&l f•YIow *. FlnAnclal po•ttbn Tha charlty 1$ d•p•ndant on conOTrulng ￿ge￿o$ to support th$ curr•nt I￿e1 01 ac*Mty Into tho fvbJrè. The trustèès arè aK¥ays awaro of thè neod to radu¢è 8xp*nd￿UrO in as timèty monn¢r il the lèv$1 of *Jnding r•duce$. Although th• chorty r•¢eiw$ mor• pradietabkn In¢ome from sub$¢rlption$ and regulgr donations, thi$ ig Thot sufficient to 0￿•r all costs. DKptté th09. the ¢urrent flnencl&l pogrtitsft is •c¢èptsblè and end￿e8 us lo plan a 18v81 ol èctlvity for at l••st thé n•xt thr•• y•ars. Whgth¢r th1$ ¢an eont'nu? b•yond thr¢* wrs depends an tho lovel of legacie$ wo roc0￿9 In 1178t p•riod. The CharNy re¢elved le9ecy Inc¢me or £53k ift the year ond a slgnificant bequest in 2024 is anll¢lpatgd. b. R￿1¥￿ poll¢y It 1$ wnportant lor the charity to maintain &ufficient reserves to cover costs in fiJtur• y•gr8 wh•r• thèro mayb• no significont Incorn•. Th• ¢h•rty Ls rtliant on legacy Incom• lo b0 ab￿ lo op•rate at an •f•ctive 1ov•l ol 8Ctwity. Nowevor, belng to¢ conseNatlve and retslnlng too hLqher lovol of ro8•N88 would mt*Tr th¢ ¢h*ty belng unn•c8S8arily restrKt•d in rts actNiti•s. In goneral t¢mi$ th• tru$t¢•$ wnsklgi t￿¢ maint•lfilng r•$gNes that ¢ovorthe foll￿1n9 thre• y¥ars of ng1 cpsts lanticipoted costs less recurring income) is 8 reasonable policy. Th• Charity L8 very dependenl on a suffiei•nt lovol of staffing. and rt Is important to provkd6 r8a60nabl& certalnty ol 8mploym8nl, at ￿a$1 ovèr thls p•Aod. to retain ttnis recruit hvJh callbTe Staff. The ff*e re6grve8 of the Ch•rlty •rè calculatsd as the unroslricted reserye$ 1619 th• designat•d fundg (branch fiJnd¥l and unre¥lrf¢ted ftxgd a5¢ats. and aFrKJunt lo £295.74912022'. £322,329}. The free res•rves at the Balance Sheet dete Correspond broodly to threo years of net costs. Page 4 YMGYRCH DIOOELU CYMRU WLEDIO CAMPAIGN FOR THE PROTECTION OF RURAL WALE8 TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 ¢. Oolng ¢onc•rn Atter revlowlng Ihg ¢urrerst flnancbal 8thation and maknng th? necessary enquiries, th• Trusl••s have a reasonable expect•tKin that the Chanty ha8 od&quat• resources to ¢ontinue in operational exk8tence for the ¢ming y••r. rurture. gov*rnan￿ and m•nagem•nt . Con•t5tutl•n Ymgyrth Dlogelu CyTnru Wledig Carnpaign lor the Protection of Rur41 W•lei i• a r•9iBtered chartty, number 239899. and Is eonstiiuted undar a Trust deed. b. M•th¢d• of •ppointment or el•ctlon of Tru•teeB Wlhln thè charlty, pclicy18 detsrmlned by a Council which confytrtutlonalty m¢et6 thr•e Ilmes a year. Members of th• Coundl Includo branch r•pres•nt•tw•s and other m•mbors •l•¢ted at th• Annual Gen•ral M8•Ung. Tho Coun¢ll ¢bcts up lo nine ol it$ voting member8 10 88rve on the N•th)ng1 Ex•¢irtfvo CommFtte• INECI. Memtsar8 who serve on the NEC 8r& ex offido the Trustees of tho Chalty. How￿r, •ftèr th¢ ctr￿d op¥d•ml¢, and unlll rg¢onlly th• Coun¢ll had not mol, and appointm¢nts havo begn made directly to the NEC, wth subsequant confornWKJn byvot• al th• Annual Gtnerol meèting. Futur• *tructur• The Ch•rty regi$lèred a cornpany Ilmlt•d by gu8r8nle• l%•lth eh9rk•b￿ stetusl In 2022. The Intention being to ITansfer ol the eharf(y's 8cth'vltie$ to tho cornpany. This ha5 been dola￿ whilst wé axplore an 8ffective ￿thOd of transf•thng b•nking amtng•ments. M•anwhil• w• continue to op•f•t• as • non4orpor8t• 8ntity. Page S YM<3YRCH DIOGELU CYMRU WLEDIG CAMPAIGN FQA THE PROTECTION OF RURAL WALES TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 St*t•m•nt ol TruIt•￿' re8pon•lbllttl•B Thg T￿￿1¢¢6 aro re6ponslblé for proparing the Truste¢$' Roport and tho flnan¢hl ststsments in accordanco wrth appli¢abh law and united Kingdom Aceountln9 Standard$ IUnrt8d Kingdorn ￿ne￿IlY A￿pted Accounting prac￿0}. The law app1￿￿ble to ¢harf(l•s In England & Wales requlrgs the Truste08 to prnpare fjnanclel statsm&nts fclr each financial which gw a true and fair vlaw ol the slate ol affairs ¢1 the Charity and of ts Incoming resource$ and applicakn'on of resource6, incltjding its income and expendrtur•, for that p•riod. In prepgring 1hese finenc*l stsl•rnllts, th• Tru$ts•s orè Mqulmd to.. select suitabl• accoun￿ng pollei4s and th¢n apply thèm consistently,. obsgrve the and princ¢pk$ ofthe Charfdes SORP IFRS 1021,. mako judgments and accounting •stimat•s that ara ra)$on•bl? and pNdgnt,. stale whelh•r applicable UK Accounting Stand4rds IFRS 1021 hav• b•an folkhv*d, Subject tc* any mal•rrdl departur•s diselosed and explained in the financiAI statements., prepartt thè ffinanclal ststements on the going concefn basis unless it is HiapproprK•te to pr•surro that the Charity wlll eantinue Sn busin*s$. The Tru$tse$ are responsible for keeping adequate 8eeounting records Ihbt are suffjdent to $h¢Jw 8nd explain th• Charills Iiansa¢lions end disclose wth reasonable accuracy al any time the fin8neio1 position of the Charity and en8bl& th•m lo •nsur• that th• flnèn¢bl ststèmenl$ ¢omply with the Chariti•s Ad 2011, th8 Chanty IAc¢ounl$ and Report$l R8gulatlons 2008 and tho pro￿$10n5 of th¢ Trust deed. Tray aro also responslbla for ¥¥feguording the assets of the Charty and henu for taking r•asonabl• st•pA tor th* Pr￿antIon and detection of traud and other irregularities. Approv•d by order of Y)e mgmbers ot th• board of Trustses and $lgn•d tsn th•if b•haK by. Jon4tban Coleheikr Ctrairrron Dat•. 1. 1, Page 6 YMQYRCH DK•GeLU ￿MR1& WLEDIO CAMPAIGN FOR THE PROTECTION OF RURAL WALES INDEPENDENT EXAMINER% REPORT FOR THE Ye*A ENDED 31 DEceM8ER 2023 Indynd•nt Exèrnln•e8 Rèport to Ih• TrUIts￿ olyrngyrch Dlog•lu Cymru Wl8dlg Campalgn lor th• Prot•¢tlon ot Rur•l Wal•• I'th• Charlty.) I report to th• eh•rlty TruÈt••i on my •x•mln•tlon of th• accounts ot th• Chorty for tho ￿#r qndad 31 December 2023. Ré•pon•lbllttlo8 and Ba8lB of R•port As tho Trustw$ of thg Charlty you ar• r•spon$lbl• lor th¢ prO￿ration of th• ac¢Dunts In a¢¢ordaneo *thth th• rèquirnmnts ol Ihe Charrt￿O Act 2011 Ilh• 2011 A¢ri. I r0PQrt In respect of my examlnatlon of Ihe Charfty$ i¢eounts e•r￿￿ out under st¢tion 145 of thè 2011 A¢t and In e•r￿n0 out my ox¥￿￿nation I have lollow¢d the appllcabE9 Dlredon$ by th• Chaity Cornmlsi¢oTr und•r ecth)n 145ISXbl of the 2011 Aryt. Ind•ptnd•Tht Exmilntrf• St*t•mont I have ¢ompl6ted my examlnatlon. I confirm thAt no matters have come to my att•ntlon kn ¢onn•ction wth th• •xaminallon gi￿n9 m• B4US• to bel￿e that in any IT￿terial ￿SpeCt •¢countlng r•¢ord$ w•r• nol kept in r¢ip•¢t of thè Charity a• required by 8&¢tiDn 130 of tho 2011 Act., or Ihe accounts do nol 4¢¢0rd wlh tho8• r¢¢ord*', or tho 8¢eounts do not comply wtth tho appll¢4blo r¢qulroments conceming tho fomi anfl contant of a￿Unts set out ￿ th¢ Charities IAr¢ourf• •Trd Rgport¥l RgBulelion¥ 2008 other than any r¢qulroment that Iho accounts give a 'lrue 8nd lait vrew whKh not a matter eonsKf#r•d as p4rt of an ind*p•ndent •x8mination. I have no concem5 and have corn8 acros$ no othef m&tt¢r8 in eonn8¢ti¢n ￿th th• oxaminatloTh to which •ttentK>n should b* drawn in this report in orderto enable a PTOP8r under8tanding of th• accounts to be reached. Thlg r•port Is madg soknly to Ihg CharlV$ Trust¢06, as a body, In a¢¢ordan¢0 wllh P•rt 4 of tho (Aecounts and R•port$l R•guI￿an$ 2008. Fly work has bo•n und¢rtaken so that I might state to the Charftys TrustO?S those matter¥ l am requiTed to stat• to them In •n Indop$ndgnt Exomln¢rf$ Roport and for no other Pur￿￿. To the fulle¥l ¢xlent permitted by law. I do not ac¢ept Of assume rg6pon$lbiltytv oftyong othgr Ihjn th¢ Charity ttnd th¢ Ch8rty¥ fruBtee$ ei a body. for my work or lor this report. 1110712024 Datesj.. BA FCCA MTPI Tim Lunt WR Partners 14ofi)n Hous• 5 St Giles Buslness Park SY16 3AJ Page 7 YMGYRCH DIOQELU CYMRU WLEDIG CAMPAIQN FOR THE PROTECTION OF RURAL w￿Es STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 OECEMBER 2023 Endowment R••trtct4d fund• lund• 2023 2023 Unr•otrl¢ted fund• 2023 Tot*1 funds 2023 Total funds 2022 Incom• and endownwnts from: Donollon$ and1ogac108 othortrading actlvtti¢s Invostmont$ 104147 3A99 14.295 108.797 3,399 182,849 5.298 4.325 Total Inmmè *nd •ndowm•nts 122,241 128,491 192.472 Expendltur• on: Ral$lng lunds Chgrftabl• 3,241 140A46 3,241 146,630 740 94.712 Totil *x￿nd1￿m 0.089 143,787 148178 90,452 N•t lexpenditur•yln¢on b•fore n•t 9•1n•l(b•v•l on InveBtments Net goin￿1100$e$l on Inv¢$trnènts 18381 121&46) P2J851 97.020 1,790 1,780 (1937) N•t Inoomelloxp•iidftur•} Transfer8 betsyeen funds 1,790 18391 121,650) (20.6051 94,083 18 039 18391 Net moveff*ht In IufKIs 1.790 122 J9S) 120,005) Re¢onclllatk>n of fund•: Total lund$ broughl f0Th￿r￿ Net movement in funds 27,871 388x178 122 J95) 419A17 120M051 324434 Tolal fvnd4 ¢arrl•d fonward 29,6e1 3.068 366,183 398,912 419,517 Th• Stst?m¢nt of Finthncknl A¢lvll•s includ•s all g•ins and losses r*co9ni5ad in th• y•8r. Thfr notes on pages 10 10 24 form port ofthese fin8ncial ststements. Page 8 YMGYRCH DIOQELU CYMRU WLEDIO CAMPAIGN FOR THE PROTEcT￿N OF RURAL WALES BALANCE 8FIEeT ASAT 31 DECEM8ER2023 2023 2022 Flx•d u•ots Tangible assets Invostment6 12 21,939 33,434 22.84T 31,655 13 65,m 54.502 Currnnt a80•ts 8toeks D•blor8 Cash at bank and In hand 14 4130 2J83 347136 5.463 2.354 365,031 16 354Id8 372.848 Cr•ditors.' arrKJunts lallln9 du• within on• year 18 19,JL191 (e,9831 Net current a••et• 345.239 380.865 T¢tsl ***ets l••i ourmnt Ilabllltte• 41KI.812 420.367 Creditor5'. amounts fallin9 duo after moro than one year 17 11.7QO) (850) Totsl not a$$rt• 318.912 419,517 Chartylund• En¢1(￿rn*nt fvnds R•stricted funds Unrestrirted lundi 18 29.661 3,068 388,183 27, 871 3.068 38q578 18 18 Totsl funds 398,912 419.51 T Th• fln8n¢ial tstsm•nts w*r• approv•d ind outhc*lsed for lssug byth• TNsl•e¥ ond 5Vlod on tholr bahalf by.. Jo an Colch••t•r (Chalf ol Trust8￿) £. 7. The notes on pages 10 to 24 form part ol these financlal Btstsmenls. Page 9 YMGYRCH DIOQELU QYMRU WLeDIQ CAMPAM3N FOR THE PROTECTION OF RURAL WALES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 G•Deral Inlormatlon ymgY￿h Dw*lu Cymru Wlt¢Jlq Cem￿19￿ for the ProteCt￿n ol Rurnl Wale5 16 8 registered charity, Ch•rty nurnb8r 239899 The member8 of the Charity are the trustees named on page 1 01 ltte$e counllng polkl•J 2.1 B*il• ol prep•r•tlon of fln•ncl41 •t*l•m•nts The financial statements have been prepare¢J in accordance wrth the ChariÈi•s SORP IFRS 1021- Accounting and Reporting by Chentieg.. Statement ol Recommended Pradice applicable to eharifj•$ pr¢paring ihalr )¢¢ounts In a¢eordan¢o wtth th¢ Flnan¢lal R¢p¢rtlng Stsndard applicabl8 in Ihe UK and Flgpublie of Ireland IFRS 1021 lupd•t• •ffè¢tive 1 January 20191, the Financial Reporting Standard applicabk8 in the UK and Republic ol Irèland IFRS 1021 ond the Chartti•8 A¢t 2011. Ymgyrch Diogelu Cymru Wle¥Jig Campaign for the Protection of Rural Wa￿$ meets the dèthnrtion of publlc bengfft enlty und¢r FRS 102. Ass91$ and liabilthes ar• In((ialty re￿gniSed at historical cost or tr8n$8thon v8lu$ unlè$s othe￿1$& et•t•d In the relevant a¢¢ountlng poll¢y. Ymgyreh Dlogalu Cymru Wltdlg C•mp•ign for th* Prol•¢b'on of RUM1 W•kns m•ots th• d•finilion of a publ1¢ b¢nefrt entty under FRS 102. Ass¢ts and llabllfj￿$3 ar¢ Inrtlolty r￿)g￿lS¢d at hlstoN¢al Cost or transaction value unless otherwise 31aled in the r¢levant aeeounting policy. 2.2 (4olng ￿fi¢•m Aftor m8klng énqulr•s, tha Trustèés hav• A rÈ8sonablo èxp*ctatlon that thé Chttrity h45 0d•qu4t• r¢sourc•s to conlnu• op4rolienal txlstonc• for tho fore$g$ab1¢ fijbjro. Tho Charity IherefoT¢ continue8 to 8dopl the golng concarn b8B18 In piep8rlng it8 finonclal statsments. 2a In¢om• AH In¢¢me 1$ ￿¢ogniSed ¢n¢e th¢ Ch•rlty ha$ enbuemenl to the income. It 4$ probebl• that th• In¢om¢ wlll bg rK¢lved and lh• arrKsunt of In¢ome ￿¢•￿•blO Can b¢ m¢a$ured roliably. Th& recognition ol incom• from legacies Is on •st8blishing enlit]ement, th6 probabiltty of T•c•ipI and th• #bllty to 9gtimats Suff￿1*nt aecuracy th• •rnounl r•c•fvabl•. Ewd•nc• of entrfemenl lo e legacy ex4Sts when the Chanty has sutficient ￿idence that a 91ft has b••n lelt to th•m Ithrough knowl¢dg• of th• gxisl?n¢e of a valid will and th• d•ath of th• b•n•lactorl and th• executor 51 99tt8fl¢d th01 the proporty In que$ti¢n vlll not bo required to Iatlsfy elaims In the e&latè. Re¢oipt of a tegacy mu$t bo ro¢09ni$*d wh¢n It 1$ probatyle that rt will b¢ rg¢$iv•d and tho fair ￿l￿e of the amount receivable, which will generally be the ttxpect8d cash 8mount to ba distribut•d to th• Ch#rfty, ¢an be r•lHbly mgasured. ants arè includ6d In the Statsment ol Fin•naal Actfvitles on a receivab￿ besis. The b81&nce ol Income r•celved for sp•¢fflc Purp￿9$ but not expond•d during the per￿d 15 Jhown In th$ r•levant lund8 on the B8lan¢¢ Sheèt. Where Sncom0 18 ￿CeNe￿ In &dvan¢¥ ol entklement of fè¢eipl, its r*¢ognilion is dalerfed and includèd In crèd￿019 ¥s delorred In¢om*. Wh&re entitlement oc¢u b?fofg in¢ome i¥ r•teiveW-movln9 slo¢k$. 2.9 Debtorn Trade and other debtors aro r•cognised at the settlem•nt amount after any trad8 discount off•rad. Prepayment5 are valued at the amount prepaid net of any trad8 discounts due. 2.10 Ca$h at b4nk #nd In hand Cosh 4t bank and In hand Includès cash and short-tèm highly Ilquld Investmènts wtth a short mBturity of thre? rnonth¥ or less from the dalt of aequisition or oyning of th• deposrt ur 51rnilar gceount. 2.11 Llabllltl•• and provl•k¥n• Llabiliti05 and wovi5p)ns ar• r•¢ognis•d wh•v th•r• 1$ an oblig•tion al th• Balanc• Sh••t dat• as resurt cf a past event, r( Is probabl? that a Iransfer ol ?¢onomi¢ benefft Ylll be re4ulrod In setttem6n( and the amount ol the $•ttlpment con b¢ estimated reliably. Li8bSllti•s are rècognised al the 8mount that the Chartty antlcipates rt will pay to settle th• d•bt orth• amount f( has receNed oi athanced poyments lor the goods or s9￿CeS rt must provide. 2.12 Fln•nclal In•truft*nts Thè Chority only has financ+#l assets and ffflaftoi•l Ilabilitles of a kind that quallfy #s bè$ic fin•n¢iBI In$trum$nts. 8•$1¢ flnonoial Instwmgnts org Initially recognised 8t Iran$action veluo ond $ubseqbonYy measured at their settlen*nl value with th? èxcepth'on ol bank loanB which are sub&equenlly m¥a$ured gt an70tl8ed cost uslng tho $ff0CtS￿ Int￿$t m•thod. 2.13 Pen•loni The Charty operates a dellned contrlbul*on pen$lon $cheme and the ptsnslon eharge represents the amounts payable by the Chanty to the fund in ￿SPeCt ol Ihe year Page 12 YMGYRCH DIOOELU CYMRU WLÉDIQ CAMPAIGN FOR THE PROTECTION OF RURAL WALE3 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDEO 31 DECEMBER 2023 A¢eouniing pollclm (¢ontlnu•dl 2.14 Fund aocountlnq Gen•r•l funds ar• unrestrkt8d funds whkh ar• ￿&01*bI• for us• at th• dls¢retion of the Truste88 In fjJrtheranc8 of thè 9èn¢ro1 oty'ecfjvt$ tsl the Charty and whleh havo not bg•n d•$ignat•d for oth•r purpg$05. D¥$lgnatod f(tnd$ comprtstr unrestrfctgd fund6 that have been 891 asldo by the Trust￿$ for FQrtluJlar purpos•s. Th• aim and u$• of •aeh d•8lgnat•d fund 13 sel out in the notes to th• finan¢i•l statements. R?strl¢tsd fiJnd$ org fund6 whkh to be u$e(l it18ccurdBnca with speclflc Testrlcllons Imposed by donors or whieh have been r•ls•d by the Chonty for portieul•r purpogeg. The costs of raising und administ•rfThg such fvnds •re ¢harg¢d 8galnst th¢ specffjc fvnd. The alrn on¢ uso ol •a¢h r¢8th¢tsd Tund is set out in the notes to the financial stat•rMnts. Inve8tm•nt In¢om•. galn8 and kn9¥01 *r• allo¢*t•d to lh• approprLqt• fund. Endowm•nt fvnd$ •r• funds, th• ¢•pital ¢1 %thi¢h must b• m•iTrtain•d. Incom• from donotk¥n¥ legacle• R•tytrl¢t•l Unmtrlct•d fund$ I￿ndS 2023 2023 Total lund¥ 2022 2023 Donatlons L•B*c40s Subs¢rlpllons 4.250 34,043 53,422 17.082 38293 SJ,422 17,0112 44,40Q 118,486 19,963 Totsl 2023 4.2SO 104.547 108,7 182,849 Total 2022 182.619 182,849 Page 13 YMGYRCH D50GELU CYMRU WLEDIG CAMPAb3N FOR THe PROTECTION OF RURAL WALES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 In¢orM from oth•r trldlng ￿tIvItI¥l Incom• from fundralslng •v•nts Unr•8trl¢t•(I fund• 2023 Tot•1 fynd• 20Z3 Total funds 2022 Branches fundTai¥ing Sale ofgood$ Lif• membership 1,2M 1.855 500 1,244 1,eJJ 3,240 1, 708 350 Tot•1 2023 3,309 3,399 6.298 Inve•tment Incomè unr••trI￿ Total fund• nd 2023 2023 Total fvnds 2022 Rent Interest TeceNable 3.120 10,391 784 3.120 10.391 784 1120 592 613 Investment ineom 14,295 14.295 4.325 Page 14 YM¢yfficH DIOGELU CYMRU WLEDh3 CAMPAIGN FOR THE PROTECTK)N OF AURAL WALES NOTES TO THE FINMCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Expendltur¢ f•l•lng fund¥ Costi ot rnl•lng volunt*ry In¢¢m• Unr•rtrl4t•d fund• 2023 Totil lumd¥ 2023 T¢f81 2022 Publiety & exhibttions Salo of goods 1,007 2,234 1.007 2,234 740 Totsl 2023 3.241 3,241 740 An•lyi6• of •JEp•nditur•on ¢harltal￿e actlvltlel Summary by fund typ• fund• rund 2023 Tot*1 2023 rof 2022 2023 Oth•r oCtMU•8 140,546 145,63S 94, 712 Totel 2022 94.712 94.712 An•ly•l• of •XP￿dI￿r• by •ctlvltl•s Actlvitl•b und•rtak•n dlrectly 2023 Support co•t• 2023 Totsl fund• lund8 2022 Oth•r actNrtie$ 81,￿4 84,431 145.835 94. 712 Total 2022 45,￿7 49.355 94,712 P•g• 15 YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL w*Les NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Analyil• of oxpendttur• by actlvltlo• Icontlnu•d) AnAly•l• ol dlr•ot ¢txt• Other actlvltleo 2023 Tot•1 lund¥ 2023 Total fvnd8 2022 Stsff eoyts Trav41, tralnlng and subslst8neè Con$ultsn¢y Rural Walos Award$ Onlino gNing le*$ Rural Wal•s magazlne coslg 71,273 3,814 100 257 822 4,958 71,213 3,814 100 297 822 4.958 40,239 1104 1.824 412 778 81.204 81.204 45,357 Analy•l• ol •upport ¢o•t• other actlvStle• 202J Total funds 2023 Tol fvnds 2022 Staff costs PrerTh$es ¢xp•n$e$ Offi¢• costs Event expens•6 MoOting$ or¢d ¢onfer8n¢os 8ank, audf(4nd o¢eountat)¢y Sundry expenses Rocruitmtrnt oxpens¢$ Braneh meetings Deprecia￿0￿ North Wales Projects 19,384 5,551 12,979 4,130 101 4,065 8.478 19.384 5,561 12.979 18.495 8,968 101 4,065 8,478 50 3,915 9,625 7GQ 3,691 908 1,332 1,332 7,503 7,$03 84,431 84,431 49.385 Page le YMGYRCH DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RUIIAL WALES NOTES TO THE FINANCIAL STATEMENT8 FOR THE YEAR eNOED 31 DecEMBeR 2023 Ind•pndent •xamln8r'* remun•rthn 2023 2022 F••s p•yabl• lo the ChaTty$ indopendent •¥aminer lortht kndtpendonl examination ofth• Charrtli annual accounts 3,130 2,940 10. Staff ¢osts 2023 2022 Wage$ #nd ￿l￿rI*S Soclal séeurty e06ts Contributw)n to contrfb￿]tsft p•n#lon $¢h•m 84,572 2,459 3,688 55.074 1,626 2,034 9Q.597 54 734 Thè average ntjmbèr ol p8r8on8 employ¢d by Chanty during ihé ￿OrWa￿ a6 follo￿.. 2023 No. 2022 AveMg• •mploy•è8 No ernploy•e rec•ived remuneration amounting to nJ)re than £eo,000 in •rth•r year. The highest paKI employee during th• y••r iec•iv•d remunèrab.on of £35,981 In¢ludlng gross pay and omploy•rs p•n8ion ¢onlribut40ns. 11. TruBte8•' remunefthtlon and •xpen• Durtng the year. no Truste￿ reeew any femunerallon or other b•nefits (2022- £NILI. Dudng the yegi *nd•d 31 D•¢ember 2023, •xp¢nw trtplling £836 Wfe r¢1Mburn￿ or paid di1•￿1Y to 1 Trust8• (2022- £123 to l Tnist￿). PAge 17 YMGYRCH DIOGELU CYMRU WLEDIG CAhlPAIQN FOR The PROTECTION OF RURAL WALES NOTES TO THE FINANCIAL STATEMENTS FOR THe YEAR ENOED 31 DECEMBER 2023 12. Tanglbl• flx•d aM•ts Fyeehold Flxturns •nd prop•rty Totsl Cr)•t ar valuatlon At 1 JBnuJry 21W8 40,041 81,748 121.789 Al 31 D0￿Mber 2023 40,041 81,748 121,789 Depr•¢lallon At 1 Janu•ry 2023 Char9• forth• year 17,622 801 81,320 107 Al 31 D•Mmbw 2023 18A23 81,427 99,850 Net book v•lu• Al 31 Deeember 2ff23 21,618 321 21,939 Al 31 cwmbw2022 2Z419 428 22,847 13. Flxed a•B•t Inv•8tm•nt• Olh•r Ilx•d Inv•stmonts Co¥t or valuatlon Al 1 Jonuary 2023 Revaluatbn8 31,655 At 31 Dwmbtrr 2023 33,434 N•t bDok v•lu• At 31 D•¢ember 2023 33,434 At 31 D8c8mbw 2022 31,655 Page 18 YMQYRCH DIOOELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 310ECEM8ER 2023 14. 8tock* 2023 2022 Fini5h•d goods and goods for rw 4,630 8.463 1S. D•btor8 2023 2022 Du• wlthln one ye•r Prepay￿ftts and xcrued income ZA83 2,354 2J83 cr￿ltor¢. Amounts lalllng wlthtTr on• y•aT 2023 2022 Olhertax•lbn ond so¢lal $¢¢urty A¢¢rue18 and deferred Incom8 1. 836 5, 147 eMI53 6.983 IT. Credltor4: Amounts f4111ng dufr •ft•r than on• y••r 2023 2022 A¢¢YU81s and deferrtd In￿Me 1.700 Ineluded wlthln Iho amount above19 £700 whlch 1$ dgemed to be du• afterb >*arn12022.' £2001 P*90 19 YMGYRCH DIOGELU CYMRU WLEOIG CAMPAIQN FOR THE PROTECTION OF RURAL WALES NOTES TO THE FINANCIAL STATEMENTS FOR THE YENR eNDeD 31 DECEMBER 2023 18. Statsm•nt of fund• stotement of fvnd•-current year 8ilanc• al 31 Dec•mber 2023 Tion$f•r• itsk*ut January 2023 Incom• Exp•ndttu Unr••trlct•d fundi D￿10n•t¢￿ funds FlinlshiFe & 8rt¢knock Fund$ Angl•s•y Ca¢rn&rton Ceredlgion Ctsnwy cw 211 10 221 337 ,090 789 4,010 4.457 789 3,745 1,714 5.471 9)3 {5321 870 11891 11001 11,7391 {301 84 Monmoulhshlrè MongomeTrshire N•wport & Valleys Pernbrokeshlre B￿on & Radnor Wèst GlarrK*rgan Merdonnydd Mkl & South Glamorgan Carmarthenshwe 2,383 12 6,095 2,190 278 JA94 622 13791 5.251 022 3,953 2.298 3,611 12,2041 752 7,851 3.811 0,994 1.678 6,994 1,670 43.402 9,543 {S,7321 1,292 1101 48Aes G•n•r•l fund• General Fund$ 345,178 112,698 1138.0551 {2,131) 317.688 Tot*1 Unr•strlct•d 388,578 122.241 1143,7871 18391 {10) 386,183 Page 20 YPIGYRCII DioGeLU CYMRU WLEDIQ CAMPAKIN FOR THE PROTECTION OF RURAL WALES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENOED 31 DECEMBER 2023 18. 8tthtsment of fund• (contlnu•d) BalanG* at 1 January 2023 Incom• Tr•n•fern Inlout Q•[n￿ December ILoM••l 2023 EMp•ndltur• Endt>wm•nt lund* Caernarfon$hir• Branch 27,871 1,790 29.861 R•vtrl¢t•d funds Cwd Brallch Prgject NDF App••l 15.0891 839 3,069 4.250 15,0891 Totsl olfvnd• 419A17 118,491 114B,8761 1,780 398,912 D••lgnAt•d fund8 - The Brand) Fund ￿larICe brtsughl lo￿4rd thts y¢$rw•$ *n estimaled fi9ur• for th• fvnds h¢ld *thln the Charfty Ihot belon9 to the varfous )ron¢hès. This year, lo Improvo •cenJra¢y, transfer has b•¢n mado inlg the $epar8te funds to agree to the ¢losing batsn¢g for ¢a¢h fund pre records htld wl£hln th• Ghority. Gtyng ft)M8rd. thi8 will show the movement per branch each yeaf. The Surplus fvnd Irvm thg Branc* fund balaTr¢e brought lorward hav¢ been transferred back Into g•noral fund$. EndowmMt fund•- th• endow•d lund$ b•long to the Caom8rfon br8n¢h. Rostrl¢tod fund•- -Th* Cwd Branch prole¢t..... .The NDF Appeal fund r¢lote$ to Mon*￿ Tal8¢d to respond to the Wglsh Govemmen¥s draft Natlonal Developm•nt FramevKJrk. Page 21 YMGYRCH DIOOELU CYMRU WLEDIG CAMPAIGN FOR THE PROTECTION OF RURAL w￿E8 NOTES TO THE FINANCIAL STATEMENTS FOR Ttrte YEAR ENDED 31 DecEMBER 2023 18. 8t•tym•nt ¢f fund¥ IconlSn4t•dl st•tfjm•nt ot fund•- prior year Balance al l J8nu&ry 2022 Balon¢g at 3? D8¢￿b￿r 2022 Tran&fer8 In/out Income Ex￿ndIture (Lo&ws) Unr*•trl¢t•d funds D•slgnat•d funds Branch Funds 106, 172 9.582 (1&1Q8) (100.646) Flint5hsre & Br•eknod( Fund$ Angk$*y Caernarlon C¢redwlon Conwy Clwyd Monrnouthshire Mongomery8hir• Newport & Valleyg P•mbrok•shlr• Br•¢on & R#¢Jnor Wost GlamoT9On Mwrionnydd Mid & South Glamorgan Carnarth•n$hir• 211 337 4,457 337 4,457 3, 745 1. 714 5,471 3.745 1. 714 5.471 1.930 1594 622 622 3.953 2.298 3.611 3.953 2.298 3,611 1.876 1.8T8 106,381 9,584 (15, 108) (ST,45SJ 43.402 G•Mfal lund• Gener81 Funds 186.485 182.888 (￿344) 57.455 (1.308) 345. 178 Tot•l Unr•$trl¢l•d funds 292, 866 192.472 (90.462) (1,308) 38Q578 Page 22 YMQYRCFI DIOGELU CYMRU WLEDIG CAMPAIGN FOR THE PROTecTION OF RURAL WALES NOTES TO THE FINANCIAL STATeMENT8 FOR THE YEAR ENDED 31 DECEMBER 2023 18. Stat•m•rrt of ftFnd• (con￿nU¥d) Endowrywnt fvnds Ca•rnarfon•hir• Branch 29,5CYI f1.629) 27, 871 RMtrfthd fvnd• NDF Appeal 1068 3,tX8 T•tsl of lubxl• 324434 192,472 (95.452J f2,937J 419.517 19. Anily•l• of net a•¥•t• b&trtetn fund4 Analy•l¥ of n•t a•••t• b•tvM•n fvnd• • curr•nt y•ar Endowm•nt R••trlcl•d Unr••trkt•d fund$ fuJKI• lund• 2023 2023 Tot•1 lund• Tangibl• fixed assets Fwed asset Inv95tmenls Current •s$•ts Cr•dit¢rn du• wtthin on¢ y••r Cr•drtors due in moT• than on• y8•r 21.939 3,773 351,480 (9,3091 11,7001 21.939 33.434 354,548 19,300) 11.700) 29,e81 3,C*8 Tot•1 29.e61 3fj6,183 398.912 Pag• 23 YMQYRCH DIOGeLU CYMRU WLEOIG CAMPAIGN FOR THE PROTECTION OF RURAL WALES NOTES TOTHE FINANCIAL STATEMEIJTS FOR THE YEAR ENDED 31 DECEMBER 2023 19. Analy•l• of net a$xts btrlweèn lund• leontlnu•d) Analysls of n•t 41Mt¥ b•tw•en fundJ- prlor y•ar Endo¥wnenl RestiTCted Unr•5tricl•d fvnds fund$ n4nds 2022 2022 2022 Totel fund$ 2022 Tangible flxed as8et6 Fixed asset Inv¢$ln*nts Curfenl ass8ts Craditor5 due within one year Credrtors due in nv)rè Ihan on¢ yeur 22,847 3,784 369.7 (6.983) f85Q) 22,847 31,655 372,848 (8.9&3J (8￿) 27.8TI 3,068 419.517 Total 27.871 3,088 388,578 P•n¥k>n ¢ommltmonl• The Charty op•rat•s a d￿ned contribution$ pènsltsn seh•m•. Th• 8ss•ts of th• seh•m• are hèld seperately from those ol Ihè Charty In On Indepfjndently •dminist8f8d fvnd. The ponslon co¥t ¢harg$ re$pros•nts contrfbut*)ns p4yabl• by the ￿MpanY to th¢ fund and amountsd to £3.556 (2022.. £2.0341 21. R•l•tsd party tran$a¢llon• The Charity has not •ntered into any related p8rty tr•ng8dion durlng th• year, rvji am th•r• any trutstsnding balanc•s owing b¢tr4o•n re￿ted p8rti¢s end the Chodty •t 31 Do¢8nl)er 2W23. Page 24