|||Page| |---|---|---| |Report of the|Trustees|2 to 10| |Statement
of Trustees Responsibilities||| |Report of the|Independent
Auditors|12to 14| |Consolidated|Statement
of Financial Activities|| |Consolidated|and Charity Balance Sheet|16| |Consolidated|Cash Flow Statement|17| |Notes to the|Cash Flow Statement|18| |Notes to the|Financial Statements|19to 42| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||31.3.22|31.3.21| |---|---|---|---|---|---|---|---| ||||Unrestricted|Designated|Restricted|Total funds|Total funds| ||||fund|fund|funds||| |||Notes|E|E|E|E|f.| |INCOME AND ENDOWMENTS|||||||| |FROM|||||||| |Donations
and legacies|||871,048|268,800|685,306|1,825,154|1,838,965| |Charitable
activities|||||||| |Education|||460|||460|623| |Land Management
Grant|||288,863||92,456|381,319|314,269| |Education
&. Communication|||14,723||124,950|139,673|| |Other trading
activities|||315,553|||315,553|336,087| |Investment
income|||78,386|||78,386|63,839| |Other income|||37,871||14,418|52,289|41,961| |Total|||1,606,904|268,800|917,130|2,792,834|2,595,744| |EXPENDITURE ON|||||||| |Raising funds|||756,655|55,483||812,638|738,493| |Charitable
activities|||||||| |Education
Et Communication|||132,184|40,378|47,647|220,209|220,844| |Wider Countryside|||169,398||201,151|370,549|383,029| |Reserves|||635,836|61,732|68,564|766,132|775,199| |Total|||1,694,0?3|157,593|317,862|2,169,528|2,117,565| |HET INCOME/(EXPEHDITURE)|||(87,169)|111,207|599,268|623,306|478,179| |before gains/(losses)|||||||| |Het gains/(losses)
on||||(43,089)||(43,089)|519,239| |investments|||||||| |NET INCOME/(EXPENDITURE)|||(87,169)|68,118|599,268|580,217|997,418| |Transfers between
funds||22||~101,9993|101,999||| |Other recognised
gains/(losses)|||||||| |Actuarial
gains/(losses)|on||||||| |defined benefit schemes|||43,413|||43,413|11,240| |Net Movement
in Fund|||~43 756|~33 881|701 267|623 630|1 008 658| |RECONCILIATION
OF FUNDS|||||||| |Total funds brought
forward|||||||| |As previously
reported|||5,580,670|4,051,456|7,055,072|16,687,198|15,678,540| |TOTAL FUNDS CARRIED|||5,536,914|4,017,575|7,756,339|17,310,828|16,687,198| |FORWARD|||||||| ## |||||Group|||Charity|| |---|---|---|---|---|---|---|---|---| ||||31.3.22||31.3.21|31.3.22||31.3.21| |||Notes|E||E|E||| |FIXED ASSETS||||||||| |Tangible assets||15|13,124,415||12,159,470|13,123,501||12,158,250| |Investments||16|3,557, 130||3,607,367|3,567,130||3,617,367| ||||16,681,545||15,766,837|16,690,631||15,775,617| |CURRENT ASSETS||||||||| |Stocks||17|34,460||55,057|||| |Debtors||18|266,364||172,995|314,690||250,984| |Cash at bank and in hand|||513,952||867,756|484,959||820,969| ||||814,776||1,095,808|799,649||1,071,953| |CREDITORS||||||||| |Amounts
falling due within|one|||||||| |year||19|(185,493)||(92,587)|(180,295)||(80,265)| |NET CURRENT ASSETS|||629,283||1,003,221|619,354||991,688| |TOTAL ASSETS LESS CURRENT||||||||| |LIABILITIES|||17,310,828||16,770,058|17,309,985||16,767,305| |PENSION LIABILITY||23|||(82,860)|||(82,860)| |NET ASSETS|||17,310,828||16,687,198|17,309,985||16,684,445| |FUNDS||22||||||| |Unrestricted
funds|||9,554,489||9,632,125|9,570,900||9,636,177| |Restricted
funds|||7,756,339||7,055,073|7,739,085||7,048,268| |TOTAL FUNDS|||17,310,828||16,687,198|17,309,985||16,684,445| |||||||31.3.22|31.3.21| |---|---|---|---|---|---|---|---| ||||||Notes|E|E| |Cash flows from operating|activities:||||||| |Cash generated
from operations||||||545,721|656,874| |Net cash provided
by (used in) operating||||||545,721|656,874| |activities|||||||| |Cash flows from investing|activities:||||||| |Investment
income||||||78,386|63,839| |Purchase of tangible
fixed|assets|||||(994,541)|(54,873)| |Purchase of fixed asset investments||||||(230,686)|(1,148,579)| |Sale of tangible
fixed assets||||||2,250|1| |Sale of fixed asset investments||||||245,065|617,001| |Net cash provided
by (used in) investing|||activities|||~899 526)|~522,61))| |Change
in cash and cash|equivalents|in the|||||| |reporting
period||||||(353,804)|134,263| |Cash and cash equivalents|at the beginning|||ofthe|||| |reporting
period||||||867,756|733,493| |Cash and cash equivalents|at the end|of|the||||| |reporting
period||||||513,952|867 756| |RECONCILIA|TION
OF NE|T INCOME/(EXPEN|DIT|URE)
TO NET CASH FLOW FR|OM OPERATING
ACTIV|ITIES| |---|---|---|---|---|---|---| ||||||31.3.22|31.3.21| ||||||E|E| |Net income/(expenditure)||for the reporting||period (as per the|623,630|1,008,658| |statement
of financial
activities)||||||| |Adjustments|for:|||||| |Depreciation|charges||||27,346|34,220| |Losses/(gain)|on investments||||43,089|(519,239)| |Investment|income||||(78,386)|(63,839)| |Movements|in settlements|pending|||(7,232)|(58,835)| |(Increase)
/|decrease
in|stocks|||20,597|17,760| |(Increase)
/|decrease
in|debtors|||(93,369)|290,358| |(Decrease)/increase
in creditors|||||10,046|~52,209|| |Net cash provided
by (used in) operating|||activities||545,721|656 874| ## ## ## ## ## ## ## ## ## ## ## ## ||||31.3.22|31.03.21| |---|---|---|---|---| |||||E| |Restricted
Fund||||| |Other Donations|Received||557,666|549,209| |Grants|||127,640|121,118| |Designated||||| |Legacies Received|||218,533|158,035| |Other Donations|Received||25,000|| |Grants|||25,267|69,829| |Unrestricted
Fund||||| |Membership
giving|||655,106|628,872| |Gift aid|||145,732|168,671| |Other Donations|Received||37,629|57,671| |Grants|||32,581|85,560| ||||1,825,154|1,838,965| |Grants received,|included|in the above, are as follows:||| ||||31.03.22|31.03.21| |||||E| |Restricted
Fund||||| |Heritage
Lottery|Fund|||111,118| |RSWT|||10,000|10,000| |Rowlands
Trust|||3,000|| |Banister/Ludlow|Trust||112,500|| |Severn Trent Water|||2,140|| ||||127,640|121,118| |Designated||||| |Heritage
Lottery|Fund|||69,829| |Severn Trent Water|||25,267|| ||||25,267|69,829| |Unrestricted
Fund||||| |The Norman
& Evelyn Proffitt Trust|||4,805|11,346| |Wychavon
DC|||18,000|| |Severn
Rivers Trust|||7,500|| |Heritage
Lottery|Fund|||64,214| |Wychavon
DC||||10,000| |Other
& f,1,000|||2,276|| ||||32 551|85,560| |Total grant income|||185,488|276 507| ## ## ## ||||31.3.22|31.3.21| |---|---|---|---|---| ||||E|E| |W.N,C.T. Enterprises||Ltd|229,446|301,409| |Rental|Income||10,482|10,482| |Timber|sales||48,247|| |Sundry|Income||27,378|~24 196| ||||315,553|336,087| ## ## ||||31.3.22|31.3.21| |---|---|---|---|---| ||||E|E| |Income from Stock Exchange|Investments|- UK|78,386|63,839| |Bank Interest||||| ||||78,386|63,839| ## ||||||31.3.22|31.3.21| |---|---|---|---|---|---|---| |||Activity|||E|E| |Education||Education|||460|623| |Land Management|Grants|Land Management||Grant|381,319|314,269| |Education||Education|ft Communication||139,673|| ||||||521,452|314,892| ## ## ||||31.3.22|31.3.21| |---|---|---|---|---| ||||E|E| |Gain on sale of tangible||fixed assets|2,665|| |Wider Countryside|Team|Income|48,624|40,961| |Rent Received|||1,000|1,000| ||||52 289|41,961| ## ||||||31.3,22|31.3.21| |---|---|---|---|---|---|---| ||||||E|E| |Staff costs|||||163,437|154,605| |Repairs and||maintenance|||32,443|44,078| |Membership||publications|||56,597|61,033| |Recruitment|||||160,589|86,915| |Membership||costs|||22,674|12,504| |Fundraising||and marketing|||36,260|29,139| |General office costs|||||52,997|45,235| |Depreciation|||||26,920|33,655| ||||||551,917|467,164| |Investment||management||costs||| ||||||31.3.22|31.3.21| ||||||E|| |Portfolio management|||||13,511|11,512| |W.N.C.T. Enterprises|||Ltd||247,210|259 817| |Aggregate|amounts||||812,638|738,493| ## ## ## ## |||||||||Direct costs|Direct costs|Support costs|Totals| |---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||(See note 9)|| ||||||||||E|E|E| |Education|& Communication||||||||220,209||220,209| |Wider Countryside|||||||||370,549||370,549| |Reserves|||||||||570 780|195,352|766,132| ||||||||||1,161,538|195,352|1,356,890| |See the Statement|||of|Financial|Activities for the|above|split between||funds.||| |ANALYSIS|OF TOTAL|||EXPENDITURE|||||||| |||||||||Auditors|||| ||||||Staff|||remun-||Other|31.3,22| ||||||costs|Depn||eration||costs|| ||||||E|E|||E|E|E| |Raising funds|||||163,437|26,920||||361,560|551,917| |Investment|management|||||||||13,511|13,511| |costs|||||||||||| |W.N.C.T Enterprises||||Ltd|133,781||306||1,500|111,623|247,210| |Charitable|activities||||786,596||120||6,250|563,924|1,356,890| ||||||1,083,814|27,346|||7,750|1,050,618|2,169,528| |SUPPORT|COSTS||||||||||| |||||||Charitable||Governance|||| ||||||Raising|Activities|||Costs|31.3.22|31.3.21| ||||||Funds||||||| ||||||E||E||E|E|E| |Administration||staff wages|||17,481||37,876||2,914|58,271|56,414| |General office expenses|||||41,124||89 103||6 854|137,081|115,136| ||||||58,605|126 979|||9,768|195,352|171,550| ## ## ## ||||31.3.22|31.3.21| |---|---|---|---|---| ||||E|E| |Auditors'||remuneration|7,750|8,075| |Depreciation
- owned assets|||27,346|34,220| |Operating||leases|4,887|8,158| |Surplus|on disposal of fixed assets||~2,665)|| ## ## ## ## ## |||31.3.22|31.3.21| |---|---|---|---| |||E|E| |Wages|and salaries|881,410|857,234| |Social|security costs|77,041|73,374| |Other|pension costs|125,343|125 191| |||1,083,794|1,055,799| ||Group|||Charity|| |---|---|---|---|---|---| |2022||2021|2022||2021| |No.||No.|No.||No.| |38||38|33||33| ## ## |||||||31.3.21|31.3.20| |---|---|---|---|---|---|---|---| ||||Unrestricted|Designated|Restricted|Total funds|Total funds| ||||fund|fund|funds||| |||Notes|E|E|E|E|E| |INCOME AHD ENDOWMENTS|||||||| |FROM|||||||| |Donations
and legacies|||940,774|227,864|670,327|1,838,965|1,877,745| |Charitable
activities|||||||| |Education|||623|||623|23,312| |Land Management
Grant|||263,008||51,261|314,269|286, 312| |Other trading activities|||336,087|||336,087|347,682| |Investment
income|||63,839|||63,839|71,665| |Other income|||29,931||12,030|41,961|45 303| |Total|||1,634,262|227,864|733,618|2,595,744|2,652,019| |EXPENDITURE ON|||||||| |Raising funds|||680,254|26,287|31,952|738,493|732,214| |Charitable
activities|||||||| |Education
Et Communication|||127,005|61,781|32,058|220,844|124,631| |Wider Countryside|||151,407||231,622|383,029|166,853| |Reserves|||603,024|69,749|102,426|775,199|888,354| |Pension adjustment|||||||| |Total|||1,561,690|157,817|398,058|2,117,565|1,912,052| |Net gains/(losses)
on||||519,239||519,239|(247,092)| |investments|||||||| |HET INCOME/(EXPENDITURE)|||72,572|589,286|335,560|997,418|492,875| |Transfers
between
funds||22|~25,246)|29 238|~3992)||| |Other recognised
gains/(losses)|||||||| |Actuarial
gains/(losses)
defined
benefit schemes|on||11,240|||11,240|~5661)| |Net Movement
in Fund|||58 566|618 524|331 568|1 008 658|487 214| |RECONCILIATION
OF FUNDS|||||||| |Totalfunds
brought
forward|||||||| |As previously
reported|||5,522,104|3,432,932|6,723,504|15,678,540|14,959,833| |Prior year adjustment||26|||||231 493| ||||5,522,104|3,432,932|6,723,504|15,678,540|15,191,326| |TOTAL FUNDS CARRIED|||5,580,670|4,051,456|7,055,072|16,687,198|15,678,540| |FORWARD|||||||| ## |The Charity
has a wholly
owned|The Charity
has a wholly
owned|trading|subsidiary,|subsidiary,|which|which|is|incorporated|in|the United|Kingdom.|The principal|The principal|The principal| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |activity of W.N.C.T. Enterprises||Limited|is that of||environmental
consultancy|||||work. The Company||covenants||its| |taxable profits to Worcestershire||Wildlife|Trust. A||summary|||of trading
results||is shown|below. Audited||accounts|| |are filed with the Registrar of Companies.|||This|summary||includes transactions||||with Worcestershire||Wildlife Trust||| |which have been eliminated|on|consolidation.||||||||||||| |||||||||31,3.22|||||31.3.21|| |||||||||E||||||| |Turnover||||||||||||||| |Sales and services
- External|||||229,446|||||301,409||||| |Sales and services
- Internal|||||1D 60D||||||3,660|||| |||||||||240,046|||||305,069|| |Cost of Sales||||||||||||||| |Cost of goods sold - External|||||(86,740)|||||(98,376)||||| |Cost of good sold - Internal|||||5 254|||||~25,200)||||| |||||||||~81,486)|||||~123,576)|| |Gross Profit|||||||||||||181,493|| |Administrative
expenses||||||||||||||| |General administrative
expenses
Depreciation||||(160,164)
~306)||||||(161,034)
~407)||||| |||||||||~160,470)||||~161,441)||| |Net profit for the year||||||||(1,910)|||||20,052|| |Retained
profit in Subsidiary|b/fwd|||||||||||||| |Covenanted
to Worcestershire||||||||||||||| |Wildlife Trust||||||||||||~20,052)||| |Retained
profit in Subsidiary|c/fwd||||||||||||2,753|| |Net assets held in Subsidiary||||||||10,853|||||12,753|| ## |CHARITY||||| |---|---|---|---|---| |||Nature||| |||reserves h||| |||freehold|Leasehold|| |||property|property|Solar panels| |||E|I:|E| |COST||||| |At
1 April 2021||12,055,130|45,000|9,637| |Additions||987,434||| |Disposals||||| |At 31 March 2022||13,042,564|45,000|9,637| |DEPRECIATION||||| |At 1 April 2021|||3,472|5,782| |Charge for year|||496|964| |At 31 March 2022|||3,968|6,746| |NET BOOK VALUE||||| |At 31 March 2022||13 042,564|41,032|2,891| |At 31 March 2021||12,055,130|41,528|3,855| ||Office|||| ||equipment||Computer|| ||and fittings|Motor vehicles|equipment|Totals| ||E|E|I:|E| |COST||||| |At
1 April 2021|213,742|72,683|148,927|12,545,119| |Additions
Disposals||~4,500)|7, 107|994,541
~45001| |At 31 March 2022|213,742|68,183|156,034|13,535,160| |DEPRECIATION||||| |At
1 April 2021|191,884|64,407|121,324|386,869| |Charge for year
Eliminated
on disposal|5,472|3,013
~2,250)|17,095|27,040
~2250)| |At 31 March 2022|197,356||138,419|411,659| |NET BOOK VALUE||||| |At 31 March 2022|16,386|3,013|12 615|13,123,501| |At 31 March 2021|21,858|8,276|27,603|12,158,250| ## ## ## |GROUP||||| |---|---|---|---|---| |||Nature||| |||reserves
B.||| |||freehold|Leasehold|Solar panels| |||property|property|| |||E||| |COST||||| |At 1 April 2021||12,055,130|45,000|9,637| |Additions||987,434||| |Disposals||||| |At 31 March 2022||13,042,564|45,000|9,637| |DEPRECIATION||||| |At
1 April 2021|||3,472|5,782| |Charge for year|||496|964| |Eliminated
on disposal||||| |At 31 March 2022|||3,968|6,746| |NET BOOK VALUE||||| |At 31 March 2022||13 D42,564|41,032|2,891| |At 31 March 2021||12 D55 130|41 528|3 855| ||Office|||| ||equipment|Motor|Computer|| ||Et fittings|vehicles|equipment|Total| ||E|E|f.|E| |COST||||| |At
1 April 2021|221,863|87,198|148,928|12,567,756| |Additions
Disposals||~4,500)|7,107|994,541
~4,500)| |At 31 March 2022|221,863|82,698|156,035|13,557,797| |DEPRECIATION||||| |At
1 April 2021|198,784|78,922|121,326|408,286| |Charge for year
Eliminated
on disposal|5,778|3,013
~2,250)|17,095|27,346
~2,250)| |At 31 March 2022|204,562|79,685|138,421|433,382| |NET BOOK VALUE||||| |At 31 March 2022|17,301|3,013|17614|13 124,415| |At 31 March 2021|23,079|8 276|27,602|12,159,470| ## |GROUP||||||| |---|---|---|---|---|---|---| ||||||Cash and|| |||||Listed|settlements|| |||||investments|pending|Totals| |||||E|E|E| |MARKET VALUE||||||| |At
1 April 2021||||3,503,260|104,107|3,607,367| |Additions||||230,686||230,686| |Disposals||||(245,065)||(245,065)| |Revaluations||||(43,089)||(43,089)| |Movement
on cash|||||7,232|7 232| |At 31 March|2022|||3,445,791|111,339|3,557,130| |NET BOOK|VALUE|||||| |At 31 March|2022|||3,445 791|111,339|3,557,130| |At 31 March|2021|||3,503,260|104 107|3,607 367| |The Market|Value of|listed investments|can be analysed|as follows:||| ||||||31.3.22|31.3.21| ||||||E|E| |UK Government
Stocks|||||42,198|40,706| |UK Equity Shares|||||756,947|877,880| |UK Corporate
Bonds||&. Unit Trusts|||385,010|363,732| |Foreign bonds
B.securities|||||386,995|386,874| |Foreign equity|||||1,483,059|1,461,674| |Alternative|investments||||391,582|372,394| ||||||3,445, 791|3,503,260| |Class of share:|Class of share:|Class of share:|holding||| |---|---|---|---|---|---| |Ordinary|||100||| |||||31.3.22|31.3.21| |||||E|E| |Aggregate|capital and reserves|||12,753|12,753| |Profit/(Loss)||for the year||~1,910)|| |for th|e Year Ended 31|March||2022||| |---|---|---|---|---|---|---| |17,|STOCK|||||| ||GROUP|||||| ||||||31.3.2022|31.3.21| ||||||E|E| ||Stock||||34,460|55,057| ||||||34,460|55,057| |18.|DEBTORS: AMOUNTS|||FALLING DUE WITHIN ONE YEAR||| ||CHARITY|||||| ||||||31.3.22|31.3.21| ||||||E|E| ||Trade debtors||||88,269|37,615| ||W.N.C.T. Enterprises||Limited||62,524|99,252| ||Other debtors||||4,114|| ||VAT||||31,851|20,266| ||Accrued income||||119,791|85,130| ||Prepayments||||8,141|8,721| ||||||314,690|250,984| ||GROUP|||||| ||||||31.3.22|31.3.21| ||||||E|E| ||Trade debtors||||110,230|62,901| ||Other debtors||||4,114|| ||VAT||||24,088|16,243| ||Accrued income||||119,791|85,130| ||Prepayments||||8,141|8,721| ||||||266 364|172,995| |19.|CREDITORS: AMOUNTS|||FALLING DUE WITHIN ONE YEAR||| ||CHARITY|||||| ||||||31.3.22|31.3.21| ||||||E|f.| ||Trade creditors||||119,713|46,265| ||Social security|and other taxes|||27,357|18,801| ||Deferred income|||||524| ||Accrued expenses||||33,225|10,749| ||Other creditors|||||3,926| ||||||180,295|80,265| ||GROUP|||||| ||||||31.3.22|31.3.21| ||||||E|E| ||Trade creditors||||122,091|48,545| ||Social security|and other taxes|||27,357|18,801| ||Deferred income||||1,620|6,091| ||Accrued expenses||||34,425|15,224| ||Other creditors|||||3,926| ||||||185 493|92,587| ## ## |Deferred income|for the year ended 31 March 2022|for the year ended 31 March 2022|for the year ended 31 March 2022|Charity|Group| |---|---|---|---|---|---| |||||31.3.22|31.3.22| |||||f.|E| |Deferred
income at||1 April 2021||524|6,091| |Resources deferred
Amounts
released|in the year
from previous||year|~524)|1,620
~6,0915| ||||||1,620| |Deferred income relates to the|||following;||| |Charity||||31.3.22|31.3.21| |School trips received||in advanced|||| |Rental income|||||524| ||||||524| |Group|||||| |WNCT - Deposits received||||1,620|5,567| |||||1,620|6,091| ## ||Other operating|leases| |---|---|---| ||31.3.22|31.3.21| ||E|E| |Expiring:||| |Within one year|4,847|4,847| |Between one and five years|1,212|6,059| ||6,059|10,906| ## ||||||31.3.22|31.3.21| |---|---|---|---|---|---|---| |||Unrestricted|Designated|Restricted|Total funds|Total funds| |||fund|fund|funds||| |||E|E|E||| |Fixed assets||5,927,538|142,691|7,054,186|13,124,415|12,159,470| |Investments|||3,557,130||3,557,130|3,607,367| |Current|assets|(205,131)|317,754|702,153|814,776|1,095,808| |Current|liabilities|(185,493)|||(185,493)|(92,587)| |Pension|liability|||||~82,860| |||5,536,914|4,017,575|7,756,339|17310828|16 687,198| ## ## |||||Net movement|Transfers|Transfers|| |---|---|---|---|---|---|---|---| ||||At 1.4.21|in funds|between|funds|At 31.3.22| |||||f.||E|E| |Unrestricted
funds|||||||| |General fund|||5,580,670|(43,756)|||5,536,914| |Designated|fund||4,051,456|68 118|~101,999)||4,017,575| ||||9,632,126|24,362|(101,999)||9,554,489| |Restricted|funds||||||| |Restricted|funds||7,055,072|599,268|101,999||7,756,339| |TOTAL FUNDS|||16,687,198|623 630||—|17,310,828| |Net movement
in funds,||included|in the above are as follows:||||| ||||Incoming|Resources|Gains and||Movement
in| ||||resources|expended||losses|funds| ||||E|E||E|E| |Unrestricted
funds|||||||| |General
fund
Designated
fund|||1,606,904
268,800|(1,694,073)
~157,593)|43,413
~43,089)||(43,756)
68 118| ||||1,875,704|(1,851,666)||324|24,362| |Restricted|funds||||||| |Restricted|funds||917,130|(317,862)|||599,268| |TOTAL FUNDS|||2,792, 834|)2,169,528)||324|623,630| ## ## ||||||Net movement|Transfers|Transfers|| |---|---|---|---|---|---|---|---|---| |||||At 1.4.20|in funds|between|funds|At 31.3.21| |Unrestricted
funds||||||||| |General
fund||||5,522,104|83,812||(25,246)|5,580,670| |Designated|fund|||3,432 932|589,286||29 238|4,051,456| |||||8,955,036|673,098||3,992|9,632,126| |Restricted|funds|||||||| |Restricted|funds|||6,723,504|335,560||(3,992)|7,055,072| |TOTAL FUNDS||||15,678,540|1,008,658|||16,687,198| |Comparative|net movement|in funds,|included|in the above are as follows;||||| |||||Incoming|Resources|Gains and||Movement
in| |||||resources|expended||l,osses|funds| |||||E|E||f.|E| |Unrestricted
funds||||||||| |General
fund
Designated
fund||||1,634,262
227,864|(1,561,690)
~157,817)|11,240
519,239||83,812
589 286| |||||1,862,126|(1,719,507)|530,479||673,098| |Restricted|funds|||||||| |Restricted|funds|||733,618|(398,058)|||335,560| |TOTAL FUNDS||||2,595,744|)2 117,565)|530479||1,008,658| ||||Net movement|Transfers|Transfers|| |---|---|---|---|---|---|---| |||At 1.4.20|in funds|between|funds|At 31.3.22| |||E|E||E|E| |Unrestricted
funds||||||| |General
fund||5,522,104|40,056||(25,246)|5,536,914| |Designated|fund|3,432,932|657,404|~72,761)||4,017,575| |||8,955,036|697,460||(98,007)|9,554,489| |Rest:ricted|funds|||||| |Restricted|funds|6,723,504|934,828||98,007|7,756,339| |TOTAL FUNDS||15,678,540|1 632,288||-|17,310,828| ## |||Incoming|Resources|Gains and|Movement
in| |---|---|---|---|---|---| |||resources|expended|losses|funds| |||E|E|E|E| |Unrestricted
funds|||||| |General fund
Designated
fund||3,241,166
496,664|(3,255,763)
~3)5,410)|54,653
476,150|40,056
657,404| |||3,737,830|(3,571,173)|530,803|697,460| |Restricted|funds||||| |Restricted|funds|1,650,748|(715,920)||934,828| |TOTAL FUNDS||5,388 578|~4, 287 093)|530 803|1,632,288| |Unrestricted|funds cons|ist of th|e reserves of the subsidiary
and g|eneral
fund ofthe charity.|| |---|---|---|---|---|---| |||||31.3.22|31.3.21| ||||||E| |General fund|of Charity|||5,555,476|5,586,871| |Reserves of Subsidiary||company||843|2,753| |||||5,556,319|5,529,396| |Unrestricted|funds eliminated||on consolidation|(19,403)|(8,954)| |||||5,536,914|5,580,670| ## ## ## ## ||||Balance at|Incoming|Resources|Transfers|Balance at| |---|---|---|---|---|---|---|---| ||||1.4.21|Resources|Expended|Between|31.3.22| |||||||Funds|| |||||||E|| ||Fixed Assets:||||||| |a|Gwen
Finch||214,860||||214,860| |b|Hunthouse
Wood||252,210||||252,210| |c|Penorchard||230,248||||230,248| |d|Hill Court Farm||1,637,855||||1,637,855| |e|Lower Smite Farm||1,660,334||(119)||1,660,215| ||Sands Lane Meadows||110,245||||110,245| ||Baynhall
Meadow|- Land|21,120||||21,120| ||Purchase||||||| ||Boynes Meadows||157,689||||157,689| ||Hollybed
Farm (Purchase)||394,661||||394,661| ||Blackhouse
Wood|(Purchase)|436,779||||436,779| ||Grafton
Wood||237,063||||237,063| ||Martley
Hillside
Wood||37,800||||37,800| |h|SP —Vehicle Replacement-
Severn Waste||1||||1| ||Merries Farm||17,553||||17,553| ||Helen Mackaness|Reserve|23,408||||23,408| ||Hardwick
Green||367,998||||367,998| ||Nash's Meadows||234,880||||234,880| ||Woodland
at Tor Coppice||60,000||||60,000| ||Rosebank
Coppice||3,500||||3,500| ||Mob Squinton
Wood||30,000||||30,000| ||Rawlings
Meadow||28,200||||28,200| ||Dropping
Well Farm|||||897,902|897,902| ||||6,156,403|||897,902|7,054,186| ## ||||||Balance at|Incoming|Resources|Transfers|Balance at| |---|---|---|---|---|---|---|---|---|---| ||||||1.4.21|Resources|Expended|Between|31.3.22| |||||||||Funds|| |||||||||E|| |f|Net Current assets:||||||||| ||Woodland
Fund
/ Mr &.||Mrs|Clark|10,955||||10,995| ||Emp of Officers funded||by|STW|1,430|116,280|(107,979)||9,731| ||David Glaze Legacy
- for new||||403,644|||(403,644)|| ||reserves||||||||| ||Emp of Officers funded||by|ESIF|(1,018)|46,033|(46,643)||(1,628)| ||UW Infrastructure,
Flashes|||Et|(39,511)|||39,511|| ||Hen Brook improvements||||||||| ||Appeal
- Dropping
Wells Farm||||342,925|118,071|(500)|(149,563)|310,933| ||Land at Dropping
Wells||Farm||(16,649)|364,973|(3,629)|(344,695)|| ||Dropping
Well Farm||||||(64,627)|64,627|| ||Development
Stage||||||||| ||Dropping
Well Farm Delivery||||||(4,593)||(4,593)| ||Phase||||||||| ||Mettis Aerospace
Ltd donation||||5,000||||5,000| ||Enhancing
Public Goods||in|the|(28,410)|94,184|(45,316)||20,458| ||FoF||||||||| ||Saleway
PC re trenchwood||||1,428|||(1,428)|| ||Pound Green Common|grazing|||711|||(711)|| ||Pound Green common||||10,130|2,140|(10,450)||1,820| ||restoration
2020||||||||| ||Support for delivery of||Carbon||10,000|10,000|||20,000| ||reduction||||||||| ||SP - Land at Green Farm,||||191,225|10,000||17,809|219,034| ||Adjacent to Monkwood||||||||| ||Green Farm Appeal|||||17,809||(17,809)|| ||Land management
trial
Wilder Worcestershire|GRCF||||12,690
124,950|(1,400)
~43,053||11,290
81,897| ||||||891,862|917,130|~328,190|~795,903|684,899| ||Charity||||7 048 266|917,130~328,309||~101,999|7,739 085| ||Restricted
funds eliminated||||6,806||10,448||17,254| ||on consolidation||||||||| ||Total Restricted
Funds||of||7,055,072|917,130|(317,861)|(101,999)|7,756,339| ||Group||||||||| ## ## ## ## ## ## |The am|ounts|recognised
in the Statement
of Financial Activit|ies are as follows:|| |---|---|---|---|---| ||||Defined|benefit| ||||pension|plans| ||||31.3.22|31.3.21| ||||E|E| |Current|service cost|||| |Net interest||from net defined benefit||| |asset/liability|||1,222|2,483| |Past service||cost||| ||||1,222|2,483| |Actual|return|on plan assets|(4~6982)|13~8664| |Changes|in th|e|p|resent v|alue of the|defined|benefit obligation
are as follows:||| |---|---|---|---|---|---|---|---|---|---| |||||||||Defined|benefit| |||||||||pension|plans| |||||||||31.3.22|31.3.21| |||||||||E|E| |Opening|defined|||benefit|obligation|||1,107,675|998,275| |Interest|cost|||||||21,296|22,232| |Actuarial|losses/(gains)|||||||(110,469)|107,676| |Benefits|paid|||||||(41,071)|(36,830)| |Administration|||expenses|||||9,711|16,321| |Opening|defined|||benefit|obligation|(detail|not provided)||| |||||||||987,142|1,107,674| |Changes|in the||fair value||of scheme|assets|are as follows:||| |||||||||Defined|benefit| |||||||||pension|plans| |||||||||31.3.22|31.3.21| |||||||||E|E| |Opening|fair|value of scheme assets||||||1,024,815|869,480| |Contributions||by||employer||||50,380|53,500| |Expected|return|||||||20,074|19,749| |Actuarial|gains/(losses)|||||||(67,056)|118,915| |Benefits|paid|||||||(41,071)|(36,830)| |||||||||987,142|1,024,814| |The amounts||recognised|||in other recognised||gains and losses are as follows:||| |||||||||Defined|benefit| |||||||||pension|plans| |||||||||31.3.22|31.3.21| |||||||||E|E| |Actuarial|gains/(losses)|||||||43,413|11,240| |||||||||43,413|11,240| ## ## ||||||Defined|benefit| |---|---|---|---|---|---|---| ||||||pension|plans| ||||||31.3.22|31.3.21| |UK Equities|||||4.7%|4.3%| |Overseas|Equities||||31.5%|29.9X| |Diversified|Growth||Funds||23.0X|23.5%| |UK Government||Fixed Interest||B|12.5%|14.3X| |UK Government||Index Linked||Bon|15.3X|14.7'X| |UK Corporate||Bonds|||8.6%|9.7X| |Property|||||2.5X|2.1X| |Cash|||||1.9%|1.5X| ||||||100.00K|100.KC| |Princip|al
actua|rial
assumptions
at the Balance Sheet d|ate (expressed
as weighted
averages):|| |---|---|---|---|---| ||||31,3,22|31.3.21| |Discount rate|||2.65%|1,95K| |Future|salary|increases|3.65%|3.45K| |Future|pension|increases|2.85K|2.65'X| ||||||At 31|At 31| |---|---|---|---|---|---|---| ||||||March|March| ||||||2022|2021| |Life|expectancy|of|a|male aged 65 at the Balance Sheet Date|22.4|22.7| |Life|expectancy|of|a|male aged 65 in 20 years from the Balance Sheet date|23.7|24.0| |Life|expectancy|of|a|female aged 65 at the Balance Sheet Date|24.9|25.0| |Life|expectancy|of|a|female aged 65 in 20 years from the Balance Sheet Date|26.3|26.4| ## ## ##