## ## |Trustees|||Mr R Walter (Vice Chatr)|Mr R Walter (Vice Chatr)||| |---|---|---|---|---|---|---| ||||Mrs S I'mn (Sccrctary)|||| ||||Mr I M Stephens|||| ||||Mr D Rees|||| ||||Mr M Leppard|(Chatr)||| ||||Mr I Newton|(Treasurer)||| ||||Miss L (lot)and|||| ||||Mr R Howell||(Appointed|21 September 2022)| ||||Ms K (.(oleman||(Appomted|21 September 2022)| |Secretary|||Mm S Fmn|||| |Charity|number||242619|||| |Company||number|008(2535|||| |Registered||office|Sad(don House|||| ||||Dingestow|||| ||||Monmouth|||| ||||Monmouthshire|||| ||||Umtcd Kmgdom|||| ||||NP26 4DY|||| |Au ditnr|||~HY Hacker|Young||| ||||Bradbury
House|||| ||||Mtsston Court|||| ||||Neo port|||| ||||Gwent|||| ||||Untted
Ktngdom|||| ||||NP20 2D(V|||| ## |||Page| |---|---|---| |Trustees
report||| |Independent
audttor's|rcport|9
II| |Statement ot tmanctal|acttvtttes|12-13| |Balance sheet||14| |Statement ofcash flows||| |Notes to the tinanctal|stateutents|16-31| ## ## ## ## ## ## |The destbmauons|front Legacy Fun|ds are as follows|| |---|---|---|---| |Designation||Amount|Designated| |Operational||05tl.107|| |Financial
Resets|«s|ftll7,519|| |Revenue Protection||f101641|| |In vcstmcnt||f319,374|| |Total Remalnlng||g1,298,641|| ## ## ## ## ## ||||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Tntal| |---|---|---|---|---|---|---|---|---|---|---| ||||||fuads|funds||funds|funds|| ||||||||||As restated|As restated| ||||||||||(Note 19)|(Note 19)| ||||||2I123|2023|2023|2022|2022|2022| |||||Notes||||f|f|| |Income and endowments||||from:||||||| |Donations
and||legames||||||||| |||||3|603,540|67,069|670,609|444.675|21.267|465,942| |Advanccnwniof||||||||||| |chantable
ob)ectives|||||203,424|969.119|1,172.543|187,718|757,680|945,398| |Other trading|activities|||||||||| ||||||26,497||26,497|7,872||7,1i72| |Investments|||||21,695||21,695|27.737||27,737| |Other income||||||||1,977||1,977| |Total income|||||855,156|1,03(,188|1,891,344|669,979|778,947|IA48,926| |Acllv lllcs for||||||||||| |generatmg
funiLs|||||135,512|12(,279|261,791|68,083|55,488|123,571| |Advancement|of|||||||||| |chat itable ob)ectives||||9|747,764|591.214|1,338.978|678,385|429,631|1,108,016| |Other||||15|12,717||12,717|||| |Total expenditure|||||895,993|717,493|1.613,486|74/1.46fl|485.119|1,231.587| |Net (outgoing)/incoming||||||||||| |resources before|||traasfers||(40.1137)|31fi 695|277 f)511|(76,489)|293.82fl|217,339| |Gross transfers||between||||||||| |funds|||||31,G89|(31.689)||107.49G|(107,496'1|| |Net (expenditure)/Income||||for||||||| |the year/||||||||||| |~et mnvement||in|funds||(9,148)|2fi7.006|277.1158|31.007|186,332|217,339| |I.und balances||at|1 Apnl|2022||||||| ||||||1,572,465|1,702,072|3,274,537|1,541,458|1,515,740|3,057,198| |Fund balaaces||at 31 blarch||||||||| |2023|||||1,563,317|1.989,078|3652,395|1,572.465|1,702.072|3,274.537| ## ## ||||2023||2022|2022|| |---|---|---|---|---|---|---|---| ||||||As restated|(Note|19)| |||Notes|||||| |Fixed assets|||||||| |Tangthlc
assets||17||96,659|||62,321| |Hentag«assets||18||2,000.184|||2,017,727| |||||2,096.t143|||2,080,048| |Current
assets|||||||| |Debtors||20|210,400||160.214||| |Cash at bank and m|hand||1,264,464||1.047,133||| ||||1,474,864||1207,347||| |Creditors: amouats|faging duc vtitbin onc||||||| |year||21|(19,312)||(12.858)||| |Net current assets||||1,455.552|||I,194,489| |Total assets less current liabBitles||||3,552 395|||3,274,537| |Income funds|||||||| |Restncted
funds||23||1,989,078|||1.702,072| |Unrestncted
funds|||||||| |f)estgnated
funds||24|1.363,603||1„362,254||| |General unrestncted|funds||199,714||210,211||| |||||1,563,317|||1.572,465| |||||3,552,395|||3,274,537| ## |||||||2023||2022|| |---|---|---|---|---|---|---|---|---|---| ||||||Notes||||| |Cash Rows from operating|||activities||||||| |Cash generated||Rom/(absorbed
by)||operations|27||273.549||(27,768)| |Investing|activities||||||||| |Purchase|oftangible
fixed assets|||||(79,071)||(2 I47)|| |Procculs|from|disposal ofmngiblc||Sxcd assets||(4,867)||1.977|| |Proceeds|from|disposal ofheritage||assets||6,825|||| |Investment|mcome received|||||21,695||27.737|| |Nct cash|(used|in)/generated|from|investing|||||| |astir Itlcs|||||||(56,210)||27,467| |Net cash|used|In financing|activities||||||| |~et increase/(decrease)
in cash and cash equivalents|||||||217.331||(301)| |Cash and|cmh|cquivalcuts
at|bcgmoing ofyear||||1,047,133||1,047,434| |Cash and|cash|cquivaleats|at end|ofyear|||1,264,464||1,047,133| ## ## ||||Uarestrlcted|Restricted|Total|Total| |---|---|---|---|---|---|---| ||||funds|funds|2023|2022| |||||||f| |Donanons|and gths||10,355|67,069|77,424|44,014| |Legactes|recetvable||345,316||345,316|| |Government||granu||||509| |Membershtp||fees|204,030||204,030|194,755| |Donated|land|||||176,000| |Gtd atd|||43,031||43,031|43,640| ||||603,540|67,069|670,609|465,942| |For tbe year||ended 31 March 2022|444,675|21,267||465,942| |Grants receivable for core activities||||||| |Job rtuentton||scheme||||509| |||||||509| ## ## ||||||||2023|7077| |---|---|---|---|---|---|---|---|---| ||||||||f|| ||Sales ofservices hy beneficiaries||||||117.017|68,947| ||firants||||||1,055,526|876,451| ||||||||1,172,543|945,398| ||Analy»s
by|fund||||||| ||Unrestncted|funds|||||203,424|187,718| ||Restricted
hiiuls||||||969.119|757,680| ||||||||1,172.543|945,398| ||Grants|||||||| ||RSPBWales||||||10,358|47,096| ||Aiicurin Bcvan||Um|||||25,001| ||NRW||||||6,730|100,390| ||Blaenau Gwent||CBC||||197,536|119,757| ||National
Lottety Hentage|||Fund|||197,853|68,868| ||Idris & Margaret Jones Chantable|||||Trust||9030i0| ||People's Postcode Lottery||||||58 050|69,830| ||National
Lottery Commumty||||Fund||65,144|43,852| ||Welsh Government||||||124.029|150,914| ||Wye Valley|AOIIB|||||10(1,804|50,065| ||Nurth Wal«s|Wildhfe Trust|||||117,682|103,966| ||Swire CT||||||55,102|| ||Wt'VA||||||44,795|| ||Millennium|Stadnim|||||7.500|| ||Other||||||69,943|6,712| ||||||||1,055,526|876,451| |5|Other trading||activities|||||| ||||||||Linrestrlcted|Unrestricted| ||||||||funds|funds| ||||||||2023|2022| |||||||||f| ||Fundmiving||||||26.497|7,872| ## ## |||||||||Unrestricted|Unrestricted| |---|---|---|---|---|---|---|---|---|---| |||||||||funds|funds| |||||||||2023|2022| ||||||||||8| ||Rents received|||||||13,521|10,370| ||Hohday
lemngs||||||||12,926| ||Intere
t receivable|||||||8.174|4,441| |||||||||21.695|27,737| |7|Other lacome||||||||| |||||||||Total|tinrestrlcted| ||||||||||funds| ||||||||||2022| ||||||||||f| ||Net gam on||dispus«I oftangibl«||tixed assets||||1,977| |8|Actlmtles|for generating||funds|||||| |||||||L'nrestrlcted|Restrlctctl|Total|Tots I| |||||||funds|funds|2023|2022| |||||||||8|8| ||Rent, rates||and water|||1.167||1,167|4,043| ||Contractor|costs||||98,459|12(,279|224,738|106,852| ||OITice and|esmblishmeni||coen||102||102|102| ||Recruitment||and iundraismg|||1,051||1,051|1,119| ||Statf costs|||||34,733||34,733|11,455| ||Fundraismg||and pubhcity|||135,512|126,279|261,791|123,571| |||||||135,512|126,279|261,791|123,571| ||For tbe year ended 31 March||||2022||||| ||Fundmtsmg||and pubhcity|||68,083|55.488||123,571| ## ## ||||||||Direct Costs|Direct Costs| |---|---|---|---|---|---|---|---|---| ||||||||21)23|2022| ||Statt costs||||||801,634|688,767| ||Iyeprectatton
and nnpairment||||||48,401|54,119| ||Matenals &equipment||||||71,680|17,9tl I| ||Legal & profcustonal||||||5,352|5,453| ||Oftice &estabhshment||costs||||114,355|83,721| ||Irrecoverable
VAT||||||45,28tl|14,891| ||Travd &subsistence||||||10,607|4,592| ||Publicauons||||||27,488|13,319| ||Promotional
expenses||||||8,012|5,662| ||Financial
management||||||50,797|51,055| ||Staff & volunteer
developm«nt||||co~t~||23,821|21,159| ||||||||1,207,435|960,719| ||Grant fundmg ofactivities|||(se«note 10)|||10,(59|39,614| ||Sharc uf suppon
cutis||(scc note|||I I)|3,744|3,744| ||Share ofgovernance|costs||(see|note 11)||117,640|103,939| ||||||||1,338,978|1,108,016| ||Analysts
by fund|||||||| ||Unrestncted
funtLs||||||747,764|678,385| ||Rcstnctcd
I'unde||||||59(,2(4|429,631| ||||||||1.338.978|(.108,016| |10|Grants payable|||||||| ||||||||Direct Costs
Direct Costs|| ||||||||2023|2022| ||||||||f|f| ||(Jrallts to Illstltutlotls.|||||||| ||Montgomeryshire
)Vildhfe|||Trust||||5,(88| ||Royal Society ofWildlife|||Trusts||for Wildlife Trust Wales||17,824| ||North Wales Wildhfi:||Trust|||||9,719| ||National
Lottery Heritage|||Fund||||6,883| ||Durrell
Wildlife
Conservation||||Trust||10,159|| ||||||||10,159|39,614| ## ## |Support c|osts|||||| |---|---|---|---|---|---|---| |||Support costs|Governance|2023|2022|Basis ofaHocatioa| ||||costs|||| |||2|f.|||| |Operating|lcasc charges|||3,744|3,744|Support
Governance
Governance| |Audit fees|||9,130|9,130|8,750|| |Cons ~Itancy and legal fees|||106.020|106.020|94,056|| |Meeting co~t~|||2,173|2, 173|1,133|Governance| |Trustee expenses|||317|317||G0vcmaircc| |||3.744|117,640|121,384|107.683|| |Analysed|beuveen|||||| |I'hantable|activities|3,744|117.640|121,384|107,683|| ## ||Remuneratloa
of|Remuneratloa
of|key|raanagement|raanagement|personael|personael|||| |---|---|---|---|---|---|---|---|---|---|---| ||The remuneration||ofkey management|||personnel||is es tollens||| ||||||||||2023|2022| |||||||||||f.| ||Ag ucgutc cumjxxtsattun
fur 5||||mdieiduals||(2022.|5)|182,013|184,590| |15|Other|||||||||| ||||||||||2023|2022| |||||||||||f| ||Net loss on disposal oftanbuble||||tixed|meets|||12,717|| |16|Taxation|||||||||| ||The charity|is exempt||for rex||||||| |17|Tangible fixed assets|||||||||| ||||||||||Plant end equipment|| |||||||||||8| ||Cost|||||||||| ||At
I April 2022|||||||||339,396| ||Additions|||||||||79,871| ||Dispoxals|||||||||(29,434)| ||At 31 March|2023||||||||389,833| ||Depreciation|and|impairment|||||||| ||At I April 2022|||||||||277,075| ||Dcprcciation|charged||m thc )car||||||37,683| ||Eliminuted
in respect|||ofdisposuls||||||(21,584)| ||At 31 March|2023||||||||293,174| ||Carrying
amnunt|||||||||| ||At 31 March|2023||||||||96,659| ||At 31 March|2022||||||||62,321| ## ## |He|ritage assets|| |---|---|---| |||~ature| |||reserves| |||f| |||As restated| |||(Note 19)| |At|I Apnl 2022|2,017,727| |Depreciation||(10,718)| |Dtsposals||(6.825)| |At|3I 111arch 2023|2,000,184| ||2023|2022|2021|2020|2019| |---|---|---|---|---|---| |At
I Apol|2,017,727|1,852,604|1,863,481|1,746,009|1,384,863| |Purchases||||128,349|369,552| |Donated assets||176,000|||2,471| |Dcpra:tattoo|(10,718)|(10,877)|(10,877)|(10,877)|(lb.877)| |Disposals|(6.825)||||| |At 31 March|2.000, 1'14|2,017,727|1,852.604|1,863.481|1,746.009| ## |211|Debtors|||||| |---|---|---|---|---|---|---| ||||||2023|2022| ||Amounts
falling due»lthin|||one year:||| ||Trade debtor||||76.373|101,792| ||Other debtors||||52,489|29,975| ||Prepayments|and accnied|mourne||tl1.538|2ti,447| ||||||210,400|160,214| ## ## ||||||||||||||||||0|Z
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I||||||| ## |25|Aaalysis of|net assets betweea funds|net assets betweea funds|net assets betweea funds|||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted||TotalUnrestricted||Restricted||Total| |||||2023||2023|2(123|2022||2022|2022| |||||||||||As restated|As restated| |||||||||||(Note 19)|(Note 19)| ||||||||||||g| ||Fund balances||at 31||||||||| ||March 2023|are|||||||||| ||represented|by|||||||||| ||Tangible assets|||3,914||92.745|96,659|16,955||45,366|62,321| ||Hcntagc assets|||480,523||1,519,661|2.000,184|480.523||1,537,204|2,017,727| ||Cun ent assetsf(liabilitiesl|||1.07fl,880||376.672|1,455,552|1.074,987||119,502|1,194.4fi9| |||||1,563.317||1,989.078|3,552,395|1.572,465||1,702.072|3,274,537| ## |||||||2023|2022| |---|---|---|---|---|---|---|---| ||Within one year|||||1.872|3,744| ||Between nvo and five|years|||||1,872| |||||||I 872|5,616| |27|Cash generated
from|operations||||2023|2022| ||||||||g| ||Surplus
for tlie year|||||277,858|217,339| ||Adlusimenb
f'or||||||| ||Imesnnent
mcome iecogmsed||m|statement offinancial|activities|i21,6951|(27,737)| ||Loss)(gain) on disposal|oftangible||tixed assets||12,717|(1.977)| ||(iihed hentage
assets||||||(176,000)| ||Depreciation
and impairment||oftanmblc tixcd assets|||48,401|54, 11'1| ||Movomcnts
m workmg|oapitak|||||| ||(Increase)
in debtors|||||i50.186)|(72,166)| ||Increase'(decrease)
in|creditors||||6,454|(21,346)| ||Cash generated
from/(absorbed|||by) operations||273,549|(27,76fl)| ##