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||**Pages**|
|---|---|
|Officers and professional advisers|1|
|Trustees’annual report|2-13|
|Independent auditor's report|14 - 16|
|Group statement of financial activities|17|
|Group balance sheet|18|
|Charity balance sheet|19|
|Statement of cash flows and||
|consolidated statement of cash flows|20|
|Notes to the financial statements|21-44|





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|**Trustees**|Peter Griffiths|(retired 1 June 2023)|
|---|---|---|
||Margaret Attwood|(retired 9 March 2022)|
||Robert Cowlin||
||William Conner|(retired 10 October 2022)|
||Jan E Smith||
||Benjamin Woodgate||
||Geoffrey Dunn|(retired 12 August 2022)|
||Ian Hodge||
||David Whipps||
||Meriel Barclay|(appointed 23 August 2022)|
|**Executive Director**|Kath Cockshaw|(position made redundant in|
|||February 2022)|
|**Chief Executive**|David Finkle|(appointed June 2022)|
|**Registered Office**|Markshall Estate||
||Markshall||
||Coggeshall||
||C061TG||
|**Registered Number**|Charity 256700||
|**Auditors**|SB Audit LLP||
||Chartered Accountants and||
||Statutory Auditor||
||820 The Crescent||
||Colchester Business Park||
||Colchester||
||C049YQ||
|**Bankers**|Barclays Bank pic||
||9 High Street||
||Colchester||
||Essex||
||C011DD||
|**Solicitors**|Holmes and Hills LLP||
||Booking End||
||Braintree||
||Essex||
||CM7 9AJ||





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|||**Unrestricted **|**Restricted **|**Endowment Total**|**Endowment Total**|**Total**|
|---|---|---|---|---|---|---|
||**Notes**|**Funds**|**Funds**|**Funds**|**Funds**|**Funds**|
||||||**2022**|**2021**|
|||£|£|£|£|£|
|**Income**|||||||
|Donations and legacies|2|**89,043**|||**89,043**|21,049|
|Income from charitable|||||||
|activities:|||||||
|Grants receivable|3|27,317|||**27,317**|101,147|
|Other income from|||||||
|charitable activities|4|**282,453**|||**282,453**|243,850|
|Income from other|||||||
|trading activities|5|**1,247,461**|||**1,247,461**|920,615|
|Investment income|6|**54,986**|||**54,986**|36,738|
|**Total income**||**1,701,260**|-|-|**1,701,260**|1,323,399|
|Expenditure on raising|||||||
|funds|7|**1,340,752**|||**1,340,752**|1,184,719|
|Charitable activities|8|**909,361**|**420**|-|**909,781**|562,794|
|**Total expenditure**||**2,250,113**|**420**|-|**2,250,533**|1,747,513|
|Realised and unrealised|||||||
|investment (losses)/gains||**(192,395)**|-|**(350,000)**|**(542,395)**|172,938|
|Gain on disposal ofland||-|-|-|-|1,405,216|
|**Net (expenditure)/income**||**(741,248)**|**(420)**|**(350,000)**|**(1,091,668)**|1,154,040|
|Transfer between funds|24|**(4,401)**|-|**4,401**|.|-|
|**Net movement in funds**|||||||
|**carried forward**||**(745,649)**|**(420)**|**(345,599)**|**(1,091,668)**|1,154,040|
|**Balances brought forward**|||||||
|**at 1 January 2022**||**£2,498,755**|**£14,753**|**£3,275,973**|**£5,789,481**|£4,635,441|
|**Balances carried forward**|||||||
|**at 31 December 2022**||**£1,753,106**|**£14,333**|**£2,930,374**|**£4,697,813**|£5,789,481|





## 

||**Notes**|||
|---|---|---|---|
|||**2022**|**2021**|
|||£|£|
|**Fixed assets**||||
|Tangible assets|12|**3,300,862**|3,333,038|
|Investments|13|**2,341,008**|3,131,732|
|||**5,641,870**|6,464,770|
|**Current assets**||||
|Stocks|14|**20,832**|23,173|
|Debtors|15|**438,038**|474,098|
|Cash at bank and in hand||**248,945**|342,529|
|||**707,815**|839,800|
|**Creditors: amounts falling due**||||
|**within one year**|16|**669,639**|427,267|
|**Net current assets**||**38,176**|412,533|
|**Total assets less current liabilities**||**5,680,046**|6,877,303|
|**Creditors: amounts falling due**||||
|**after more than one year**|17|**982,233**|1,087,822|
|**Net assets**||**£4,697,813**|£5,789,481|
|**Funds**||||
|**Capital funds**||||
|Endowments|19|**2,930,374**|3,275,973|
|**Income funds**||||
|Restricted funds|20|**14,333**|14,753|
|Unrestricted funds :||||
|General charitable funds|21|**1,753,106**|2,498,755|
|||**£4,697,813**|£5,789,481|



## 



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||**Notes**|||
|---|---|---|---|
|||**2022**|**2021**|
|||**£**|**£**|
|**Fixed assets**||||
|Tangible assets|12|**3,279,421**|3,315,635|
|Investments|13|**2,341,015**|3,131,739|
|||**5,620,436**|6,447,374|
|**Current assets**||||
|Stocks|14|||
|Debtors|15|**240,150**|149,200|
|Cash at bank and in hand||**221,994**|213,932|
|||**462,144**|363,132|
|**Creditors: amounts falling due**||||
|**within one year**|16|**352,603**|211,631|
|**Net current assets**||**109,541**|151,501|
|**Total assets less current liabilities**||**5,729,977**|6,598,875|
|**Creditors: amounts falling due**||||
|**after more than one year**|17|**954,283**|829,514|
|**Net assets**||**£4,775,694**|£5,769,361|
|**Funds**||||
|**Capital funds**||||
|Endowments|19|**2,930,374**|3,275,973|
|**Income funds**||||
|Restricted funds|20|**14,333**|14,753|
|Unrestricted funds :||||
|General charitable funds|21|**1,830,987**|2,478,635|
|||**£4,775,694**|£5,769,361|



## 



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||**Group**|**Group**|**Charity**|**Charity**|
|---|---|---|---|---|
||**2022**|**2021**|**2022**|**2021**|
||£|£|£|£|
|**Cash flows from operating activities**|||||
|Net movements in funds|**(1,091,668)**|1,154,040|**(993,667)**|1,072,368|
|Depreciation of tangible assets|**140,801**|148,697|**137,203**|141,964|
|(Gain) on disposal of tangible assets|-|(1,405,216)|-|(1,405,216)|
|Unrealised investment loss/(gain)|**542,395**|(172,938)|**542,395**|(172,938)|
|Interest paid|**60,333**|32,433|**31,796**|25,757|
|Interest received|**(482)**|(275)|**(307)**|(275)|
|Dividends received|**(54,504)**|(36,463)|**(54,504)**|(36,463)|
|Decrease/(increase) in debtors|**36,060**|(116,102)|**(90,950)**|12,359|
|(Decrease)/increase in creditors|**(67,122)**|13,017|**50,722**|(124,201)|
|Decrease/(increase) in stocks|**2,341**|(15,018)|-|6,384|
|**Cash used in operations**|**(431,846)**|(397,825)|**(377,312)**|(480,261)|
|Interest paid|**(60,333)**|(32,433)|**(31,796)**|(25,757)|
|Interest received|**482**|275|**307**|275|
|Net advance on bank debt|**110,963**|215,139|**122,077**|216,075|
|**Net cash (used in) operations**|||||
|**and financing activities**|**(380,734)**|(214,844)|**(286,724)**|(289,668)|
|**Cash flows from investing activities**|||||
|Purchase of tangible fixed assets|**(108,625)**|(634,707)|**(100,989)**|(627,393)|
|Purchase of investments||(1,387,190)||(1,387,190)|
|Cash withdrawn from investments|**248,329**||**248,329**||
|Dividends received|**54,504**|36,463|**54,504**|36,463|
|Proceeds from sale of fixed assets||1,510,610||1,510,610|
|**Net cash from/(used in) investing**|||||
|**activities**|**194,208**|(474,824)|**201,844**|(467,510)|
|**Change in cash and cash equivalents**|||||
|**in the year**|**(186,526)**|(689,668)|**(84,880)**|(757,178)|
|**Cash and cash equivalents**|||||
|**brought forward**|**342,529**|1,032,197|**213,932**|971,110|
|**Cash and cash equivalents**|||||
|**carried forward**|**£ 156,003**|£ 342,529|**£ 129,052**|£213,932|





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||**Unrestricted **|**Restricted **|**Endowment**|**Total**|**Total**|
|---|---|---|---|---|---|
||**Funds**|**Funds**|**Funds**|**Funds**|**Funds**|
|||||**2022**|**2021**|
||£|£|£|£|£|
|Disabled vehicle "Buggy”|**2,355**|**.**|_m_|**2,355**|464|
|General donations|**86,688**|-|-|**86,688**|20,585|
||**£ 89,043**|£ -|£ -|**£89,043**|£21,049|





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||**Unrestricted**|**Restricted **|**Endowment**|**Total**|**Total**|
|---|---|---|---|---|---|
||**Funds**|**Funds**|**Funds**|**Funds**|**Funds**|
|||||**2022**|**2021**|
||**£**|**£ **|**£**|**£**|**£**|
|Land and Environmental|**27,317**|||**27,317**|41,384|
|Other Covid related grants|||||18,000|
|Job retention scheme|||||41,763|
||**£27,317**|**£ -**|**£ -**|**£27,317**|£ 101,147|



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||**Unrestricted**|**Restricted **|**Endowment**|**Total**|**Total**|
|---|---|---|---|---|---|
||**Funds**|**Funds**|**Funds**|**Funds**|**Funds**|
|||||**2022**|**2021**|
||**£**|**£**|**£**|**£**|**£**|
|Admissions|**182,589**|**.**|**_**|**182,589**|163,968|
|Members’ fees|**99,864**|**-**|-|**99,864**|79,882|
||**£ 282,453**|**£ -**|**£ -**|**£ 282,453**|£243,850|





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||**Unrestricted **|**Restricted**|**Endowment**|**Total**|**Total**|
|---|---|---|---|---|---|
||**Funds**|**Funds**|**Funds**|**Funds**|**Funds**|
|||||**2022**|**2021**|
||£|£|£|£|£|
|Coach house and visitor||||||
|centre lettings|**472,959**||-|**472,959**|301,282|
|Events income|**69,358**||-|**69,358**|18,633|
|Shop income|**57,984**|||**57,984**|87,340|
|Catering income|**279,184**|||**279,184**|128,519|
|Rental and estate income|**354,418**|||**354,418**|354,000|
|Timber sales|**2,809**|||**2,809**|2,633|
|Educational income|-|||-|1,323|
|Insurance claim|**4,873**|||**4,873**|6,771|
|Wayleaves|**2,458**|||**2,458**|3,906|
|Miscellaneous income|**3,418**|||**3,418**|16,208|
||**£ 1,247,461**|£ -|£ - **£ 1,247,461**||£ 920,615|



## 

||**Unrestricted **|**Restricted **|**Endowment**|**Total**|**Total**|
|---|---|---|---|---|---|
||**Funds**|**Funds**|**Funds**|**Funds**|**Funds**|
|||||**2022**|**2021**|
||£|£|£|£|£|
|UK equities|**54,504**|.|_|**54,504**|36,463|
|Interest received|**482**|-|-|**482**|275|
||**£ 54,986**|£ -|£ -|**£ 54,986**|£ 36,738|





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|||**Visitor**||||
|---|---|---|---|---|---|
||**Activities**|**Centre**||||
||**undertaken**|**Support**|**Support**|**Total**|**Total**|
||**directly**|**costs**|**costs**|**2022**|**2021**|
||£|£|£|£|£|
|Coach house and visitor||||||
|lettings|**615,322**|_m_|_m_|**615,322**|307,530|
|Events|**80,566**|**45,946**|**4,657**|**131,169**|32,421|
|Shop|**5,865**|**3,708**|**339**|**9,912**|46,489|
|Catering|**1,510**|**1,560**|**87**|**3,157**|7,287|
|Rental and estates||||||
|activities|**198,642**|-|**382,550**|**591,933**|790,992|
||**£901,905**|**£51,214**|**£ 387,633 £ 1,340,752**||£1,184,719|



## 

|||**Visitor**|**Support**|||
|---|---|---|---|---|---|
||**Activities**|**Centre**|**and**|||
||**undertaken**|**Support**|**Governance**|**Total**|**Total**|
||**directly**|**costs**|**costs**|**2022**|**2021**|
||£|£|£|£|£|
|Arboretum|**253,640**|**.**|**193,589**|**447,229**|254,216|
|Admissions|-|**120,954**|-|**120,954**|191,504|
|Members’ fees|-|**66,154**|-|**66,154**|93,299|
|Trustee and||||||
|administration expenses|_m_|_m_|**223**|**223**|493|
|Auditors’ remuneration:||||||
|in respect of||||||
|audit services|_._|-|**18,290**|**18,290**|9,400|
|in respect of||||||
|non audit services|||**5,810**|**5,810**|13,882|
|Professional fees|-|-|**251,121**|**251,121**|-|
||£ **253,640**|£ **187,108**|£ **469,033**|£ **909,781**|£ 562,794|





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||**2022**|**2021**|
|---|---|---|
||£|£|
|Staff costs|**851,776**|918,568|
|Events and Visitor Centre expenditure|**166,474**|32,676|
|Shop and catering expenditure|**34,014**|99,440|
|Wedding expenditure|**77,548**|10,112|
|Repairs to property and equipment|**119,605**|27,136|
|Cleaning|**42,122**|43,345|
|Telephone|**10,572**|11,354|
|Rates|**15,794**|_|
|Heat, light and water|**30,543**|17,535|
|Bank interest and charges|**28,537**|17,597|
|Depreciation|**140,801**|158,838|
|Miscellaneous|**45,527**|25,584|
|Transport, fuel and maintenance|**20,076**|55,495|
|Insurance|**29,483**|30,835|
|Land access payments|**10,069**|18,967|
|Loan interest|**31,796**|15,111|
|Subscriptions|**5,297**|3,856|
|Auditors’ remuneration|**24,100**|23,282|
|Marketing and management fees and expenses|**93,562**|73,572|
|Professional fees|**331,333**|84,263|
|Trustee and administration expenses|**223**|24,985|
|Management, staff and volunteer expenses|**3,099**|4,319|
|Training|**5,986**|6,319|
|Plants|**32,904**|19,067|
|Bad debts written off/(recovered)|**25,667**|(7,223)|
|Printing|**5,337**|4,568|
|Licences|**1,788**|2,075|
|Equipment|**8,032**|25,107|
|Sculpture event|**58,468**|730|
||**£2,250,533 **£ 1,747,513||





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||**2022**|**2021**|
|---|---|---|
||£|£|
|Staff costs|**79,399**|245,255|
|Repairs|**9,978**|12,511|
|Cleaning|**13,687**|24,451|
|Telephone|**4,785**|5,838|
|Light, heat and water|**10,587**|8,285|
|Bank interest and charges|**10,712**|9,059|
|Miscellaneous|**25,226**|30,747|
|Insurance|**9,434**|10,302|
|Legal fees|**72,842**|4,315|
|Volunteer expenses|**1,163**|2,693|
|Subscriptions|**509**|936|
||**£ 238,322**|£ 354,392|



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||2022|**2021**|
|---|---|---|
||£|£|
|Staff costs|**321,729**|396,303|
|Marketing fees|**31,224**|55,810|
|Professional fees|**240,380**|75,389|
|Management, staff and volunteer expenses|**2,614**|2,292|
|Training|**5,545**|3,450|
|Miscellaneous|**36,921**|22,652|
|Bank charges|**17,825**|23,374|
|Cleaning|**27,427**|18,894|
|Light, heat and water|**19,956**|9,243|
|Repairs|**84,664**|46,540|
|Telephone|**5,611**|5,516|
|Bad debts (recovered)/written off|**25,667**|(7,223)|
|Printing, postage and stationery|**4,353**|2,507|
|Depreciation|**3,598**|6,733|
|Insurance|**1,180**|607|
|Licences|**1,788**|2,075|
|Subscriptions|**2,661**|2,920|
|Equipment hire|-|5,294|
|Trustee and administration expenses|**223**|493|
|Auditor’s remuneration|**23,300**|9,400|
||**£ 856,666**|£ 682,269|



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||**2022**|**2021**|
|---|---|---|
||£|£|
|**Employees**|||
|Wages and salaries|**789,348**|838,281|
|Social security costs|**49,622**|64,174|
|Pension costs|**12,806**|16,113|
||**£851,776**|£918,568|
|The average monthly number of employees during|||
|the year was made up as follows:|**72**|64|



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||**2022**|**2021**|
|---|---|---|
||£|£|
|Auditors’ remuneration : in respect of audit services|**18,290**|9,400|
|: in respect of payroll services|**2,670**|5,050|
|: in respect of other non-audit services|**3,140**|8,832|
||**£24,100**|£23,282|





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|||**Improvements**|||
|---|---|---|---|---|
||**Freehold**|**to**|**Plant and**||
||**property**|**properties**|**machinery**|**Total**|
||**£**|**£**|**£**|**£**|
|**Cost**|||||
|At 1 January 2022|**2,390,424**|**1,290,598**|**589,651**|**4,270,673**|
|Additions|-|**40,352**|**68,273**|**108,625**|
|Disposals|-|-|-|-|
|At 31 December 2022|**2,390,424**|**1,330,950**|**657,924**|**4,379,298**|
|**Depreciation**|||||
|At 1 January 2022|-|**506,808**|**430,827**|**937,635**|
|Disposals|-|-|-|-|
|Charge for year|-|**114,380**|**26,421**|**140,801**|
|At 31 December 2022|-|**621,188**|**457,248**|**1,078,436**|
|**Net book values**|||||
|At 31 December 2022|**£ 2,390,424**|**£ 709,762**|**£ 200,676**|**£ 3,300,862**|
|At 31 December 2021|**£ **2,390,424|**£ **783,790|**£ **158,824|£ 3,333,038|





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||**Improvements**|**Improvements**|||
|---|---|---|---|---|
||**Freehold**|**to**|**Plant and**||
||**property**|**properties**|**machinery**|**Total**|
||**£**|**£**|**£**|**£**|
|**Cost**|||||
|At 1 January 2022|**2,390,424**|**1,290,598**|**545,380**|**4,226,402**|
|Additions|-|**40,352**|**60,637**|**100,989**|
|Disposals|-|-|-|-|
|At 31 December 2022|**2,390,424**|**1,330,950**|**606,017**|**4,327,391**|
|**Depreciation**|||||
|At 1 January 2022|-|**506,808**|**403,959**|**910,767**|
|Disposals|-|-|-|-|
|Charge for year|-|**114,380**|**22,823**|**137,203**|
|At 31 December 2022|-|**621,188**|**426,782**|**1,047,970**|
|**Net book values**|||||
|At 31 December 2022|**£ 2,390,424**|**£ 709,762**|**£ 179,235**|**£3,279,421**|
|At 31 December 2021|**£ **2,390,424|**£ **783,790|£ 141,421|£3,315,635|



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||**2022**|**2021**|
|---|---|---|
||£|£|
|**Listed investments**|||
|Market value at 1 January 2022|**3,131,732**|1,571,604|
|Additions at cost|-|1,387,190|
|Disposal at cost|**(248,329)**|-|
|Net unrealised investment (loss)/gain|**(542,395)**|172,938|
|Market value at 31 December 2022|**£2,341,008**|£3,131,732|
|Historical cost at 31 December 2022|**£2,398,136**|£2,741,110|
|Details of the listed investments held at 31 December 2022 are as follows :|||



|||**Mid-market**|
|---|---|---|
||**Cost**|**value**|
||£|£|
|M and G Charibond Common Investment Fund|||
|7,168 Income Shares|7,786|7,764|
|M and G Charifund - Equities Investment Fund forCharities|||
|708 Income Units|8,000|10,404|
|Charinco Common Investment Fund|||
|4,404 Income Shares|7,042|6,427|
|Charishare Common Investment Fund|||
|3,442 Income Shares|6,532|23,761|
|Charities Official Investment Fund|||
|1,226 Income Units|7,802|22,287|
|37 Accumulated Units|378|8,126|
|Glaxo Smith Kline PLC|||
|2,804 Income Shares|43,139|40,686|
|Haleon PLC|||
|3,505 Income Shares|10,785|11,474|
|Rathbone Portfolio|2,306,672|2,210,079|
||£2,398,136|£ 2,341,008|





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|**harity investment in subsidiary**|||
|---|---|---|
||**2022**|**2021**|
||£|£|
|Cost and net book value:|||
|At 1 January 2022 and at 31 December 2022|**£7**|£ 7|
|**Group**|||
|Total fixed asset investments|**£2,341,008**|£3,131,732|
|**Charity**|||
|Total fixed asset investments|**£2,341,015**|£3,131,739|



## 




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||**Group**|**Group**||**Charity**|**Charity**|
|---|---|---|---|---|---|
||**2022**||**2021**|**2022**|**2021**|
||£||£|£|£|
|Trade debtors|**237,334**||302,072|**3,693**|14,911|
|Other debtors|**136,632**||91,612|**127,715**|89,255|
|Prepayments|**64,072**||80,414|**54,244**|37,295|
|Amounts owed from subsidiary|-||-|**54,498**|7,739|
||**£ 438,038**|£|474,098|**£240,150**|£ 149,200|



## 

||**Group**|**Group**||**Charity**|**Charity**|
|---|---|---|---|---|---|
||**2022**||**2021**|**2022**|**2021**|
||£||£|£|£|
|Loans and overdrafts|**144,629**||49,601|**134,629**|39,601|
|Trade creditors|**143,607**||108,818|**117,893**|96,372|
|Other creditors|**52,068**||90,133|**50,121**|56,656|
|Other taxation and social security|**61,469**||48,488|**30,629**|-|
|Accruals|**46,978**||20,325|**14,061**|18,955|
|Deferred income|**215,618**||109,902|-|47|
|Amounts due under finance leases|**5,270**||-|**5,270**|-|
||**£ 669,639**|£|427,267|**£ 352,603**|£211,631|





## 

||**Group**||**Charity**|**Charity**||
|---|---|---|---|---|---|
||**2022**|**2021**|**2022**||**2021**|
||£|£|£||£|
|Loans:||||||
|Due between one and two years|**47,381**|50,562|**37,381**||40,562|
|- Due between two and five years|**602,426**|466,454|**584,476**||437,390|
|Due after more than five years|**327,648**|351,562|**327,648**||351,562|
||**977,455**|868,578|**949,505**||829,514|
|Deferred income:||||||
|Due between one and two years|-|219,244|-||-|
|Amounts due under finance leases:||||||
|Due between one and two years|**4,778**|-|**4,778**||-|
|Total|**£ 982,233** £ 1,087,822||**£ 954,283**|£|829,514|





## 

## 

||**Group**|**Group**|**Charity**|**Charity**|
|---|---|---|---|---|
||**2022**|**2021**|**2022**|**2021**|
||£|£|£|£|
|**Financial assets**|||||
|Financial assets measured atfair|||||
|value through profit or loss|**2,341,008**|3,131,732|**2,341,015**|3,131,739|
|Financial assets measured at|||||
|amortised cost|**373,966**|393,684|**185,906**|104,166|
||**£2,714,974**|£3,525,416 **£2,526,921 **£ 3,235,905|||
|**Financial liabilities**|||||
|Financial liabilities measured at|||||
|amortised cost|£ **1,374,785 **|£ 1,295,845 £ **1,276,257 **£1,041,145|||



## 

## 

|||**Movement **|**in funds**||
|---|---|---|---|---|
||**Balance**||**Expenditure,**|**Balance**|
||**at**||**gains/(losses)**|**at**|
||**1.1.22**|**Income **|**and transfers**|**31.12.22**|
||£|£|£|£|
|**Permanent endowment**|||||
|Investment|1,486,219||**(345,599)**|**1,140,620**|
|Markshall Estate|1,789,754|||**1,789,754**|
||£ 3,275,973|£ **-**|**£ (345,599)**|**£ 2,930,374**|





## 

## 

## 

|||**Movement in funds**|**Movement in funds**||
|---|---|---|---|---|
||**Balance**||**Expenditure, **|**Balance**|
||**at**||**(gains)/losses **|**at**|
||**1.1.22**|**Income **|**and transfers **|**31.12.22**|
||**£**|**£ **|**£ **|**£**|
|Educational events|14,500||**(420)**|**14,080**|
|Cycle path|253|||**253**|
||£ 14,753|**£ -**|**£(420)**|**£14,333**|



## 

## 

|||||**Movement in funds**|**Movement in funds**||
|---|---|---|---|---|---|---|
|||**Balance**|||**Expenditure,**|**Balance**|
|||**at**|||**(gains)/losses**|**at**|
|||**1.1.22**||**Income**|**and transfers**|**31.12.22**|
|**Group**|||||||
|General charitable funds|£|2,498,755|**£ **|**1,701,260**|**£ (2,446,909)**|**£ 1,753,106**|
|**Charity**|||||||
|General charitable funds|£|2,478,635|**£ **|**1,012,782**|**£(1,660,430)**|**£ 1,830,987**|



## 

|**2022**|**2021**|
|---|---|
|£|£|
|Contracted for but not provided in these financial statements **£ 14,270**||





## 

||**2022**|**2021**|
|---|---|---|
||£|£|
|Income|**1,012,782**|930,331|
|**Expenditure**|||
|Fundraising trading:|||
|Cost of goods sold and other costs|**987,292**|877,193|
|Charitable activities|**460,839**|539,019|
|Governance costs|**15,923**|19,905|
|Realised and unrealised|||
|Investment loss/(gain)|**542,395**|(172,938)|
|Gain on disposal|-|(1,405,216)|
|**Net (outgoing)/incoming resources**|**(993,667)**|1,072,368|
|**Total funds brought forward**|**5,769,361**|4,696,993|
|**Total funds carried forward**|**£ 4,775,694**|£ 5,769,361|
|Represented by:|||
|Restricted funds|**14,333**|14,753|
|Endowment funds|**2,930,374**|3,275,973|
|Unrestricted funds|**1,830,987**|2,478,635|
|**Total funds**|**£4,775,694**|£ 5,769,361|



## 



## 

## 

||||**Net current**||
|---|---|---|---|---|
||**Tangible**||**assets less**||
||**fixed**||**long term**||
||**assets**|**Investments liabilities**||**Total**|
||**£**|**£**|**£**|**£**|
|**Restricted funds**|**-**|**-**|**14,333**|**14,333**|
|**Endowment funds**|**216,058**|**78,769**|**2,635,547**|**2,930,374**|
|**Unrestricted funds**|||||
|General charitable funds|**3,084,804**|**2,262,239**|**(3,593,937)**|**1,753,106**|
|**Total funds**|**£3,300,862**|**£2,341,008**|**£(944,057) **|**£4,697,813**|
|**Charity**|||||
||||**Net current**||
||**Tangible**||**assets less**||
||**fixed**||**long term**||
||**assets**|**Investments liabilities**||**Total**|
||**£**|**£**|**£**|**£**|
|**Restricted funds**|-|-|**14,333**|**14,333**|
|**Endowment funds**|**216,058**|**78,769**|**2,635,547**|**2,930,374**|
|**Unrestricted funds**|||||
|General charitable funds|**3,063,363**|**2,262,246**|**(3,494,622)**|**1,830,987**|
|**Total funds**|**£3,279,421**|**£2,341,015**|**£(844,742) £4,775,694**||



## 



## 

## 

||**Unrestricted **|**Restricted **|**Endowment Total**|**Endowment Total**|
|---|---|---|---|---|
||**Funds**|**Funds**|**Funds**|**Funds**|
|||||**2021**|
||**£**|**£**|**£**|£|
|**Income**|||||
|Donations and legacies|**7,796**|**13,253**|-|**21,049**|
|Income from charitable|||||
|activities:|||||
|Grants receivable|**101,147**|-|-|**101,147**|
|Other income from|||||
|charitable activities|**243,850**|-|-|**243,850**|
|**159**|||||
|Income from other|||||
|trading activities|**920,615**|-|-|**920,615**|
|Investment income|**36,738**|-|**-**|**36,738**|
|**Total income**|**1,310,146**|**13,253**|-|**1,323,399**|
|**Expenditure**|||||
|Expenditure on raising funds|**1,184,719**|-|-|**1,184,719**|
|Charitable activities|**562,794**|-|-|**562,794**|
|**Total expenditure**|**1,747,513**|**-**|-|**1,747,513**|
|Realised and unrealised|||||
|investment gains|**172,938**|-|**-**|**172,938**|
|Gain on disposal of land|**-**|-|**1,405,216**|**1,405,216**|
|**Net income**|**(264,429)**|**13,253**|**1,405,216**|**1,154,040**|
|Transfer between funds|**(4,401)**|-|**4,401**|.|
|**Net movement in funds**|||||
|**carried forward**|**(268,830)**|**13,253**|**1,409,617**|**1,154,040**|
|**Balances brought forward**|||||
|**at 1 January 2021**|**2,767,585**|**1,500**|**1,866,356**|**4,635,441**|
|**Balances carried forward**|||||
|**at 31 December 2021**|**£2,498,755**|**£14,753**|**£3,275,973**|**£5,789,481**|





## 

## 

## 

|**roup**||||||
|---|---|---|---|---|---|
||**Balance**||||**Balance**|
||**at**|**Cash**|**Non Cash**||**at**|
||**1.1.22**|**Movements **|**Movements**||**31.12.22**|
||**£**|**£**|**£**||**£**|
|Cash at bank and in hand|**342,529**|**(186,526)**|||**156,003**|
|Debt due within one year|**(49,601)**|**(2,086)**|||**(51,687)**|
|Debt due after one year|**(868,578)**|**(108,877)**||**-**|**(977,455)**|
|**Net funds/(debt)**|**£ (575,650)**|**£(297,489)**||**£ ■ **|**£(873,139)**|



## 

||**Balance**||||**Balance**|
|---|---|---|---|---|---|
||**at**|**Cash**|**Non Cash**||**at**|
||**1.1.22**|**Movements **|**Movements**||**31.12.22**|
||**£**|**£ **|**£**||**£**|
|Cash at bank and in hand|**213,932**|**(84,880)**|||**129,052**|
|Debt due within one year|**(39,601)**|**(2,086)**|||**(41,687)**|
|Debt due after one year|**(829,514)**|**(119,991)**||**-**|**(949,505)**|
|**Net funds/(debt)**|**£(655,183)**|**£(206,957)**||**£ - **|**£(862,140)**|





## 



## 

||2022|**2021**|
|---|---|---|
||£ £|£ £|
|**Income**|||
|Estate|440,667|477,180|
|Arboretum and Land in Hand|93,417|45,094|
|Visitor Centre Operations|1,167,176|801,125|
||1,701,260|1,323,399|
|**Expenses**|||
|Estate|848,362|786,578|
|Arboretum and Land in Hand|258,204|238,719|
|Visitor Centre Operations|1,143,967|722,216|
||2,250,533|1,747,513|
|**Operating (deficit)/surplus**|||
|Estate|(407,695)|(309,398)|
|Arboretum and Land in Hand|(164,787)|(193,625)|
|Visitor Centre Operations|23,209|78,909|
||(549,273)|(424,114)|
|Gain on disposal of fixed assets||1,405,216|
|(Loss)/gain on investment|(542,395)|172,938|
|**(Deficit) for the financial year**|£(1,091,668)|£ 1,154,040|





## 

||2022|**2021**|
|---|---|---|
||£ £|£ £|
|**Income - Estate**|||
|Rental income|**349,752**|350,175|
|Tenant contributions|**4,666**|3,825|
|Investment income|**54,811**|36,738|
|Insurance and other income|**6,163**|19,100|
|Grants and donations|**22,817**|29,812|
|Job retention scheme grant|-|33,624|
|Nursery|**2,458**|3,906|
||**440,667**|477,180|
|**Expenses - Estate**|||
|General maintenance|**63,215**|37,266|
|Premises and public liability insurance|**9,434**|10,076|
|Other professional fees|**251,121**|71,405|
|Accountancy|**15,700**|19,412|
|Office administration and services|**38,611**|27,192|
|Office electricity and water|**16,023**|7,992|
|Staff costs|**252,347**|417,923|
|Staff and trustee expenses|**1,878**|2,651|
|Bank charges and overdraft interest|**4,934**|1,862|
|Miscellaneous|**11,199**|13,846|
|Access payments|**10,069**|18,967|
|Depreciation|**137,203**|152,105|
|Loan interest|**31,796**|15,111|
|Bad debts (recovered)/written off|**4,832**|(9,230)|
||**848,362**|786,578|
|**Divisional (deficit)/surplus**|**£ (407,695)**|£ (309,398)|





## 

||**2022**|**2021**|
|---|---|---|
||£ £|£ £|
|**Income - Arboretum and land in hand**|||
|Grants and donations|**90,608**|39,049|
|Job retention scheme grant|-|3,412|
|Timber sales|**2,809**|2,633|
||**93,417**|45,094|
|**Expenses - Arboretum and land**|||
|**in hand**|||
|Personnel expenses|**736**|134|
|Staff costs|**197,080**|183,324|
|Equipment|**5,216**|6,337|
|Equipment hire|**2,446**|4,056|
|Planting and tree surgery|**4,106**|3,678|
|Fuel and oil|**12,693**|7,821|
|Repairs and maintenance|**20,755**|15,071|
|Vehicle insurance and tax|**10,477**|10,754|
|Heat, power and water|**437**|1,922|
|Miscellaneous|**4,258**|5,622|
|Other professional Fees|-|-|
||**258,204**|238,719|
|**Divisional deficit**|**£(164,787)**|£(193,625)|





## 

||**2022**|**2021**||
|---|---|---|---|
||£ £|£||
|**Income - Visitor Centre Operations**||||
|Admission|**182,589**|163,968||
|Catering|**279,184**|128,519||
|Shop and plants|**53,511**|37,843||
|Membership|**99,864**|79,882||
|Coach house|**419,102**|331,391||
|Events|**100,619**|38,021||
|Other income|**27,807**|5,202||
|Job retention scheme grant|-|4,727||
|Grants|**4,500**|11,572||
||**1,167,176**||801,125|
|**Expenses - Visitor Centre Operations**||||
|Catering|**23,962**|42,310||
|Shop|**38,850**|71,521||
|Wedding|**77,548**|10,112||
|Events|**224,942**|23,934||
|Bank and credit card charges|**23,603**|31,250||
|Cleaning|**30,314**|34,112||
|VC electric and water|**14,083**|7,621||
|Repairs and maintenance|**31,427**|26,666||
|Staff, volunteer and trustee expenses|**3,639**|1,534||
|Miscellaneous|**77,856**|14,662||
|Marketing and promotions|**48,158**|73,476||
|Staff costs|**402,553**|320,515||
|Office and administration costs|**20,033**|27,994||
|Depreciation|**3,598**|6,733||
|Insurance|**10,614**|10,683||
|Legal and professional fees|**83,920**|9,562||
|Equipment|**8,032**|7,524||
|Bad debts written off|**20,835**|2,007||
||**1,143,967**||722,216|
|**Divisional surplus**|**23,209**||78,909|