DroJ$*n eTh¥dow10: 3836BF8E.175$4FCIM15Y68WA14FA41 R•gl•t•rnd numb•r. 00695346 Charfty nwnbor: 262777 SUFFOLK WILDUFE TRUST (A Company Llmftod by Guarantoo) TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
En¥eh¥o ITr. 3826gFBE.175>4FCM1s$8684I4F1 SUFFOLK YIILDLIFE TRUST (A C¢mwy Llmlt¢d by Garant••) 2-15 16-19 Consolld•l•d 8t•t•m•l rf Fln•Kl•l A¢llvlO 20 Con•olldatod Balanco kn•t 21 Tntht Balanu Sh••t 23 Nots* to lh• Flnancl•l St•t•m•nts 24-51
Otyn E0pOlo.. 96PBE.1TSWc&A186oecll4FA11 SUFFOLK WLDUFE TRUST IA Comw Umll•d by Gu•r•ts•) REFERENCE AND ADMINISTRATIVE DEfAILS OF THE TRUST, TRUSTEES ANO ADVISERS FOR THE YEAR EN(IEO 31 MARCH 2025 Tru•tO8S James Al9der. Chair IrgsJngd 211111W24) Timothy WIKJdward. Chair (apyjwited as Ch•w 21111r2024. deceased 02108r2025) Joan Hanjiigtham Susan Htxrt StenIe Jones (reshJned 21111r2024) R(knyn Uertn (app)inted as Char lyaJ)W) Dr shar Godd¥d Palrfck Goymer lakyolnw 21111r2024) Edward Scoggins lapFX)Wlted 21111r2024. resigned 16J07r2025} Roxanne E5cobales (appjinted 21111r2024. resigned 0910312025) Company rngl•lev numbor Ch•rly r•glst•r•d nLmb•r 2627TI R•gl•l•r•d ofll¢o The Gre8n AshbOd(g Suffolk IP6 9JY Chl•f Ex•cutlv• Offlc•r Chrisline Luxbjn Ind•p•nd•nt •udltors Pgt8rs Ehvcthy & Moor Chartered Accountsnts Salisbury H(NJse StatkM Road Cambrklge CBI 2LA Bank•r• Barclays Bank PLC Ipswich IP1 1PB Sollcltorn Bwkelts 141-145 Princes Stra•t IP1 1QJ Pag6 1
. aB36W&175WCIM15M6WA14FA41 SUFFOLK bYILOUFE TRUST Company Umllod by Gu•rnnt••) FOR ThE YEAR ENDED 31 IAARCH 2025 BOARD UPDATE It 1$ with great sathess that we rewt the death af ow Chair. Twn Woo(tward. The Trustees had provh)u$ly appcmnted Robyn Uewellyn as Oeputy Robyn has taken on the rolg of Chatr. mm's Introductory wo, bdow. ramaln as a Ma of res aTrJ thkS for hk servke to Suffolk Wlld16fe Trust. Hè was an exempkry and dwty cdknguo wlh) ¢Id atrKy8 ba rollèd upm. respected as someone vtho was able to Impart adwca In a rrwlred MwtIwf way. Tkn ttyJght hls mY yearn of experlence In land management arKI nature 1xSerVa1Jn to the Board. During hi5 twne as Twst88. he sUpthI the growih of our fam&nd advko team to SLVP(rf natUre-fr11Y farming aryoss thg cOty and ambitious kndscapo recovery collabyalions with ndown8[S to bring natur8 b on a Lqndscape scal8. In ITrt yoars. rim encouraged the Trust to be bold In our to extend ow nature reseNes. Wlth the addkkn ofmwmesham w$ and Worflngham was a vory man. An 8nA8sthfor naturn trffti his kTh¥n doep lovo ofth8 (y)unty8hle. a slrong sense of purFXO whkh ho to the Bowd ofTwsteK. H• vm be mlssed greaty. INTRODUCTION FROM WOODWARD Sufft>N( Wddlile TNst is an and trlOn diaiity with a comp8lfing vision lor our county to be ilder. As Members of Slrffdk Wldlifv Trust. share a to th8 natwal worfd arnl to playlng our part In securfng a rfkJer fLrture for Suffo. nalure15 Il¥l¥kng abundant h) our tthvns and n$b]e. Frustratingly. th8 risks to thè natural Wa thrtiiue to esc4L and the Trust ne8d5 to rospond with tw)bJ ambrf and to hold our ngNe in unc8rtain tirnes. The cA)rnTr ofour Mwnb8rs makes thks possilAe. With Members in every COUnty of SuffolK Ihe Tnt has a mandate to spèak up for nature and w8 ara de1enyned to use that vok* to the fvl. l am pr(MJd of the leadershlp your Trust Is brfnglng lo our county wllh our vl8lon a wlder Suffolk. W• want to rt9 naturn back. so wldlfa (¥)ty is thriviTrJ and abundant 08 again. and w¢ neéd everyme to play pat We are unlquaty plac&1 to moblli8e our CW. to w(Mk iogoth8r to secure the change nare needs. Wlth a message of hope and posblv41ty in the fa(x of envlronmenlal thalerwJe. we am deterrrinad to in8pTr more peopl to get Involved and harn8 ttm) o)Ilectfvo knpacl crf thetr and COnThun aclkns for vlldllfe. Page 2
SUFFOLK MLDLIFE TRUST (A C(¥npany Umll•d by Guarantw) TRUSTEES. REPORT ICOPITINVED) FOR THE YEAR ENDED 31 MARCH 2025 The TnJsl8es we8enl their annual rep towher the audlted flnandal stalements of the Tnjsl for th& yaar 1 April 2024 to 31 March 2025. Rderence to Trttst. i)cdeS thè resutts of Suffolk I14lSdlWe Trust and Its wholly owrbed subswjiary swr TradlThJ Ltd. Ihe Gp.. The Annual Rep(¥t serves the purpM)ses of trM)th a Trustees. feport arKI a fAredors' report LeT ¢))rry1 law. The Tntstees confwm that the Annual Rep)rt arKI financial statements of the charitable company compty Vith ts rrent ststuw rgwiremgnts. thg requirements of the tharitable compan¥ govemlng dument and Ihe prolc ofth8 Stateft crf ReD)mm8rKled Practice ISORPI aPpIable to ¢h8rilÉes preparlng the %Unts in acc(Ydance wbih Ihe ReTng Standard aFplicable in the UK and Republlc cl Irel8rKI (FRS1021 {aff140 1 Jarnary 20191. STRATEGIC REPORT (r strat8uMc report is set out b8bThv and cove. Objectives and activities Achievements and perf7•0 Flnanclal review structure. gov8manc8 and manag8m8nt 5} Statement ol Tw51ees' respowtslits 21 31 41 1) 08JECTNES AND ACTivmES . Pollcl•s and obJK¢Iv•• The Twsteos cfirrn that they have compliod with th9 duty in se¢t)n 4 of thfj Charities Act 2¢X6 to have du8 regwds lo the Charity Commlssion's gweral guidan( on public benefft Ch•1$ and Pubkc B8nafil. Suffolk wOkJle Trust's charMae purpose Is enshrlned In Ils oblecls. The Trust delivers hs wbllc benefft through Its netsvork of over 50 nature reseThos (most ofwlith are freely act08s1b to the public). vksitor centres, two training centres and through the provision of axpert advth and guidanc. Thg objects for whh the Trust Is es19bk are: For the benefit of the kn¢. to advance. wuiiots ar luther Iho cowrrfatlC. malntenance and (il wildlrfa and its habitats- (li) Pla ofnatural bew. (111) places of ZO¢01. botsnlcal. geographkal. archagc4ogi¢al or scientific inlgresl and lfvl f8atures of landscape with 9gi¢, physiographkal, or amenity value in partiCLlar. bul not exclusively. in ways that Iwther conserva1K. To advanco the education the public in: (i) the prlnciples and prthe (rf $ustsin8bl8 developmenl ond (111 the prlnaples and praclKe of blodiverth o)nseNatlon. To promota r8s8arch in all branches d naturn SW a1 to publish the rosutis. Fur¥1r8ising efforts are directsd to fve key areas: Malntalning and gruwlng cg)re fundkng through *mbernhl) recliMent and retentlon Raising awarorbess of18gacy funding aTrJ lIdIng th8 commitm8nt of potential donors SèGuring new fvndwig ts nèw or limited woig(ts Growing eam8d income IhroLyh our subshliary sv Tradwy our consultanGy Wld9r Ecology) Sacurfng new Investrnent Income kn line wilh nalwe Ma8¢ princip$ In sottlng obAecfves arKi annIng for actlvmes, the Trustees have gr¥en due consideration lo general guK18nce published by the Charity Comnvssion relating to pJbt¢ benefft. tr+dudSng Ihe guldance'Publk benefft: runnlng a Charity IP821' Page 3
SiFFOLK MLDLIFE TRvsr (A Conwy Llmll•d by Guarantm) TRUSTEES REPORT (CONTINUED FOR TrE YEAR ENDED 31 AIARCH 2025 b. 8tral•glu fry a¢hl•vlng obJ•Gllv•• Suffolk WI31 T1 Is the counvs natwo clwity. chrlth PWF•)$0 b wtUT¢d in vls)n o)unty we ser48: Our vl•lon l * Wlld•r SullolK wh•r• nalm l• thrmng •nd •bundrt b•c•uM •v•ryoM Is dokng mor• to h•lp Our strategy translalos this Ig torm into our deory fcws to 2030 - our missi¢)n. We ha¥¢ been standSng up for Ylldlife for over 60 yews. As w8 retOn the thwbgos to Suffol( In that timo, it is th8 siLen( creepkKJ loss of our evaryday naturn, the (rf natwe that s(Ki8ty act upon. Hcldwig the Ine is ncA enowJh. (Xw strategylg al at#wt scalng our Inyct. to wt natwe en a path to recovery at the sc41e and paco that i8 ne8dod detadè kn 2030. Our ml¥slon to 2030 Is to wot•ct th• wiidif• w• hav•. nUr• bxk wh•r• IVS bo•n lo•( kn our town• and country•ld•. W8 have three overarthlng 8trateglc goals to aclmeve thL8: Goal 1.. Nature is recovoring al SLzl8. in wldlrf84iL 1•NIsL3 & s•88 Goal 2.. People in ewy o)mmunty are ting meaninglul action for nabjre & dimats Goal 3.. The choitv is strryyr. resikent & a m(xo offettr40 thampion for nature Th8 scajè ol the 8hlft we are seeklng to effect b ¥elletsJ in the pthts. to $guJre lastlng Impxt, whkh are the sclenltfic undenrIng of stratogy: Ecological tipping point: M of Suffolk's18nd & sea in rec4)very for nature Behavioural tipn9 point". 1 in 4 people t&ing aCtiC for natuTr & dimate Goal 1- Natur• l r•cav•rln We want to nature's recovery. at scale- k) Frtect the and brlng back what we've lost. To athleve the ecological Inwad we rd kn make happen. we VAI foca on four key areas of aclfvty. Working with othars kn urthk ts nre potwlial of thg vrfl8r larKtsc•po. a n•turo romery nthork. ID N•tur• r•s•rv•s Cherlshing our narfj r8Sorv85 as excep11 ftYvAllile whith anchor lh8 natur8 recovery n8twork and can seed nattjro's recovwy. 111) Sp•cl•• rocov•ry Championlng the distInth speths of suffo.$ trns & IntrySIde. Iv) Advocacy Speaking out fty natyffj in SUffk- ¢)n & s Goal 2: P• Ine Um We want to drive behaviour change in nature's arKI 11150 a COnty4ed Thh)vernnt j1,5 recovgry.we wll focus four koy areas of athity to athwe thr4.. N•tw• ¢onn•ctlon Fosledng nature ConneOn as a cat4y8ifiY natwe acllon. I N•twork & Iralnlng Building o)unty networks to and enabl8 ILuly&J 1( for naluT•. 111) EMp0r9 young p•opl• Tralnlng enaIng teenagors and J•)LM¥J adulls to be notur•'s ¢h8n98m8kws. Iv) Ralslng ourv01 for n•knrn ChampIclng the value of nalure lor ha. h8alih and wellbèiNJ. Pago 4
Owlgn Emlcp• ID.. jB3E.17534Fc(A1waG4l4FA41 SUFFOLKWILDUFE TRUST (A Company Umlt•d by Guar) TRUSTEE REpoKf {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 l• str on for natw To hle¥0 scalnwp ofour incomg and Iiryoct Ihatwe need to Goal 1 and Goal 2. w8 will knus on four koy woas of dgvolopment: 11 Investlng In our p•oph & ¢Jur culturn 11) Runnlng tho ¢h¥lty Tlth fvlr, elllcl•ncy and •nvkonmmtal Int•gdty 111) Incom• growth to m••t curr•nt xdvlty & stratsglc nblllon Iv) Collaboratlon & rtn•rJh1p1 d. Invo•lffl•nt polld•• Our approach Io OLf finan(>al Invesbrnnls Is algMd to Val and ts dthled in our Savings. Inv8stments & Reserves pollcy, vthkh ts revltrd aMuaNy by the Boa. Thg Trust belio¥e$ that tsking arUnt of enVYCMental, sodal ar¥J govemanc (ESG) Issues Is an Intdnsk part of belng a g(y>J long.tenn investor, for both etr¥caF and fin1)a1 reasons. The luThJs we have availabfe to invest inclLMle 18gacy gpAn to thg Trust lo benerrt th8 natural world. Cktr approath rellects the need to keep them safe use them isoly ki invest in projects that fulfil the Tn1,8 objeclNoS. To do Ihls Ihe Trust hwest In kw4sk aThJ Uld fmarKaal products. suc as fiNS or 18Tm d8posffts hebj or managed by hb3hty rated UK regulated financtal wul10ns. We seek to ensure the investm¢nt obiectNe5 of the products In whlch we Invest are al least equlvalent to thè ethical policies of the Trt. g. Grant maklng pollcle• Suffolk Vllkllwe Trust Is rKA a ant.rnaktr dwity. f. V•hmt••rs Action for Suffolk'$ wildlrfv. led by local peo, Is SLrflofK WthIMfe Trust's gmt strength. Our volunteers keep the Trust rooted In our local communltth and p a Ntt81 roie Mi dofvering our Mrs51L to Bring Nature Back. Th8 Board of r8cogni58s the outstandw¥ o)mmitm8nt ofour vobnteers and woukl like to Ihank each ofthem for their corthbution to the T¥S 8UCC85S. Every asp1 of our work for nalur8 is enridd and anhanced by VonteerS. At the end d March 2025 we had 929 active volunteèrs. CollectNdy tw w)trbJted a total of 64.453 hows over the couvse ofthe year, supporting all as{1$ of the Trust's wort for rfldllfe. kn every comer of the I)nty... magIng nature reserves. monitoring specigs. welMi visitors. lead9 gulded wths. checkirwj Ivestock. shrj their h)ve of nature with children. servlng coffe6. delivering magazines. in4xrwwJ th8ir 0)mmuy, championww species recovery, fvndraising or giviw habitat managemw)t athite. Th8 scale and br8adth of volunteer actNty across the Twst is simpty magniffic8nL From (wr Board of Trustees lo our teenage Young Wardens, our vollmteers brfng witegrity and mnty lo everh1j we do and make Sufftjlk WlldlKe Trusl the wbrant. artmtlous. grounded charlty that nature needs u8 to be. Page S
D¢3Th En¥dow1Tr. 38W8E-175>4FO>A15U88K414FA41 SUFFOLK WILDLIFE TRUST (A Comp•ny Llmlt•d by Guarantm) TRUSTEES REPORT qcopillNUED) FOR THE YEAR ENDED 31 MARCH 2025 2) ACHIEVEMENTS AND PERFORMANCE & M•ln •chl•v•m•nt• of th• Tru•t •nd rnYl•w of acllvlu Suftlk WUdWe Trusvs 2030 strgy'BrhiwvJ Natwe Bac¥ focus88 ow effort8 on ny)bll our (x>unty to scalo. up the pace of change in wthllile's faYoLf. 'Holding th8 is enough. afe w)rkkng to prolecl the ikllife w6 still have and brlng back we have The Trusfs ambthon to make tha dade to 2030 lh8 on8 in wlith we lying naluro back undeTplrbS the deu8iMS made by your Bwd ofTntst86s aboul whwe lo fows thg th8rits resources. E1(1¢1 $¢ion¢è indicates we need to reslorg a nlnimum of 30% ofthe tAfreStr w#J 1815 to 8nalAo n8tur8 to tlwlvo. If we are to lum around the fortunes of nature. 30% to b8 a collecti¥8 target - gkibal, n?nal and local - whlch every seclor of ety hglps to achievo. suffo Wihjlile Trust Is unh]u8ly pld to moblllse kKal ackn nature in our ts)unty and so chpHOng 30% by 2030 (30 by 30) 15 c8ntral to our 2030 StratY. To do Ihls we affj wothing woactivety othws to focus cu e¢ll¥e efforts on onsurfry 3ryty of Sufftjlk 1$ wèll managed for wildlife by 2030. Wo astimate Suffolk has orty haff of the habitst needed for an effective natura Thg shfft in our Impact across the wider landsc4)8 of our county is drivon by tho stralogic investment in ¢)ur team of Farmland. Rivèr and Communmy IVIld9 hthlsers. They are helping k> inspire and the Btep change in our Irwt outside our nare Tr5er. to champth ldS¢9Fe-8cale apwo¥hg$ to noturg's roty)very. Wa are now xwklng wlh th8 land arKI manw of ovw a of thg countys laryor landholdirvJ$ (50 Our a(fvi5grs also Sup the County WMdlKe Sitos {CWS) CWS are areas of private or publidy owned land in Sullolk whith are of o)unty or reg)nal wnportance for wildlrfe. They play a key part In the conseNatlon of Sufftik's biodiversty. with 977 C(xmty Wildlrfo Siles amwnting lo over 11,31XI heraare5127.900 acfes) covering almost 5% ofthe o)urty. Our advlsors ar8 atso growing the Informal ndwyk of pyivatety trmiéd rMin4eslgnated srtes managed for noture, knovm as PrNate Nalure Reserves (PNRS). 55 sites Te added to the network thi5 year. bringing the total to 222. and reaching a significant m1k of ovor 1(W hthres fjd for as a PNR. The total area of PNRS ts now 1.093 ho¢tsres <2.71X) acres). A8 part of our fru$ on stag beelles. we a150 Tmjked with 10 farnws ar•Y 2 coMnwr wps In Stourvaley to create W be81 stlrywigs. as w¢bl 0$ tralnrffj. Throughout the year. our Plannlng & Adv(Kacy team havo been rglgnuess in tyng to po¥itivety influence plannlng poIIcy WKI wthere developments aro proposed. hling nature's comer. 85% of our responses lo planning applicatKns resuw in improved fArtcomes for bIOd01$1ty. Thls coLd b8 through application$ being refused. changed to avoid impacts, cf improved by inclLhJirKJ measures lo replac lost wikllile haL¥fat. Wo wll n•vw be ae to rPond to every planning appltion and so focus our efforts on developrrnnts that pose the gr8at8sl risk to wlldllfe and where tho OutMe ¥AI set preclents for IKYW nrTr9 and dement conslder and protecl wildlrfe. Y8ar on year. in the same waythat we lost so of (wrwNdlts In Suffoll(, ts inve5tm8nt In advke. support and adv(w wll help b tIng nabjre tCk. piw by rJeatlng coMecUvty xross the ld¥Cap0 and nudging Suffolk ch)ser lo the 30% w¢ rned for natural w(XeS8es lo fimclk)n dre¥81Y. Pagè 6
D(ty>0n Enwlcylo: 3Bw8e.175WCfyA1S$868WA14FA41 SUFFOLK MLDLIFE TRUST IA Cww•ry Lknll•d by Guar•nt••) TRUSTEEW REPORT (CONTINUED) FOR THE YEAR ENDED 31 IAARCH 2025 Over the COU oftheyear, through wr Magazw and Trust M8mbers will hav8 seen ow ambilon and dèt6mination to succeed. Tr supF of ow menknrs mes Ihts FW)ssI)18 f(N)ts u5 In the commuThtie$ we Iiv61n. Acn)ss Suffolk, wo cor¢ for 2.879 he¢kn 17.114 acrns} of TJlrfè I1th1 li 52 rUre ro8ervas. O resgNes rangè in sizg from Cartion Marsh8s 252 hgclares (623 acres) to Hutchison's meOW 1.1 hectares 12.7 acres) and encompass all the hJttat types that make ow rA)unty unKiue: ancient woodland. va118y fen, wetlarMI & r8edbed. coastal & intertidal. specles gIaJ. heathlarnl & add grassland rewilding. Wo cnntinue to look for (pportla5 to extend nalure re8eNes arnl now manage 10 r888rve8 that are more than 2SO acres1100 ha) in sizo- six more than 10 years ago and a POSTlw lidicat of the strateglc Investment in reseNe aCqUwlK. As w8 h)ok to have morè influence on the landscape bed our reserves, we vll course conunue to chertsh our nolure re$eNos. They are the jewds of Suffok's ctyJntysMl8. Indaed r8s8rv88 will have a renewed sense of purpos8 as the g¢okngkal hOtsF that can seod natLwe'$ reco irrto the surrouThlng18nd$capa. Through our nature reseNes and visitor centres we extend an InvitaOn to everyon8 to experience and an the v&ry bost of Suffolk's natural Ir1d arrfi the heatth weknlrKJ beneffts of tl8 In nature. Thls year we welcomed 150,000 visitors to our centres at Carlton MaTrhe5 and Lackford Lako8 and we 08tim8te th8ra w8r8 a furiher 0.5 million vlslts across our county netth of nature rgswvos. Across the county, we hosted 193 sclM)ol visits to ow slies 71W) thlhJren & young pgopie and rea¢ld a further 2000 through Iknach aclfvllles n school. 8eyond our m8eTves. we Twarrt everyone to be able to enjoy and bgnefft from naturg 85 part oflh9lrgv&ryd8y1oS and we are putting ftre resources lito advice and trainiig to supp)rt the dovek)pmenl of localy manage(I wlldllfe $pac•s. This year. our communty advisors worked with 56 groups, parish Councils and t$[ne$S8$ to SUPFWt nalure-based declslons on thelr management a1 LN and wo delivered 155 courses arKI W0$hop$. Acw the county, thts txlecth, county-wlde conYnun1ty- actionwrtl hetO TestOTe the abundanGe ofeveryday nature arKI bring wldlrfe lo the f¢*é i) indiwdual and o>nmunlty decision makSng. We need everyone lo play Ihelr part and. as it has aayS been. Suffelk Wklwo Tntst's )1 hjenuty abllty to mob1118e grasSrts actt unlocks this. Page 7
SUFFOLK WILDLFE TRvsr IA Cornwy Umll•d by Guarath TRUSTEEW REpoirr {COPrnNUEDI FOR TIE YEAR ENDED 31 MARCH 2025 b. K•y p•rforni•nc• Indlutorn IKPl•) to 2030 The Board a88esw th& dellvwy ofourstrategy agtht thè tharw strr¥e to croato by 2030. Our Impact Mea$e$ We: Suffol('s landsw8 wil battor thè Lawt( with ThKXe. LMgg8r. b8ttar and nd. up space for nature. wrthin a fulty deveknpj Natwe Recovery Nel4KYk. Our nature reserves. indLKling new wldir¥J rasarv8s. wil bo hotswts of blOd thi anthor the Natwe Recovery Nelwork and seed nature's recovery. Space f(Y nalure VAII be embeddgd In local dgdskJTr-maklng frQwO. Wlder access to nature & doser conngciTh to nature l$18ading fo mora peop takig acth)n for nature. enabled. Our natura reserves & cntro8 wll be hotspots for nare cLnerNl. knowledge & skills. We have the lalgnt & rewurco$ to d91Ner ow 2030 impacl through scalg-able growth that keeps pace with our ambilion. c. F•¢l•rn rnl•vanttr• 0• obJ•dlv4• We have romainod alert lo the impart of extemal OnoMIC 98op)lili¢al factrKs. inclLKlirrfJ the cosl of Ilvlng crisis and the potenlial impact d this on fvndraisww and visitor spend al our ¢entr8s. Avlan tlu has al80 been of concem has Ihe polenlial to h)wi slgnfKanlty our actfvllies Ind1j ow centres. d. F&111g a¢11•$ and hKom• g•M The support of our m8mb8rs underpiTrs the (tsitys day to day a¢tpiili8s and ow knrwJ tom) strategic plannlng. We we graleful to 011 our mgmbers for thek Membershlp al the end of March 2024 was 13,771 households126,518 mgmbers), m&ar9 have achie¥ed 8 modest d8sp((e lh8 aconomic thallenges faclng many housaholds. Wa use ProfesskaI recruKers to support membetshlp. who are registered with tho Fundr•isHig Regulator. The recruitment agencyprovides a dedicated team of three rectuiteTS who wk at venues acoss the county and represent us at nalional 6vents. We work dosoly WFth them lo ensure bgst pracllcg Is folow8d and wa mindtul ofwotectww th•vo. Wo havo Mt wec8ivad any rMlaInts about ourfundraising mgtW$. We have continued to SOre grant fU1VIg f(Y the ddivery d spgth wojects kn Ilne whh ow 8trateglc fOCA and agrl-envSronmont grants for land managemont. Thls ywwe have n11rAd to rnlse lundsforthe purchase arn1 18stor8n rrfworfingham Marshas. to match tho £2ffAllion 9rant aW•d by thè Nath)Ml L Hérttago Fund. Wa are honour8d to receive 18gacy ghls our woth tr natwe a(xoss Suffolk. We woukl Ilke to thk the fdkniing members and for ther geiiwosity in romenknrry Suffolk Wldlfe Tnjst In their IMI this Joy Dlxoy 8otwrsM Richard Clernnts Stephen Ea50n lan Gibson Marguerito IVOrOn98 Hazel Leggott Joan Peck Patricla Ru¢*lerhwn Margaret Vfvlan Wllfred Yng9 Pauline cMertt Yvonn8 Davi8$ Geoff Ford Davld Geofftay Knight Wlnlfre(I Partrldge Sheila Ri¥ws Denys Slmpson Em•st-John- Wo18h Mike Ewart Sandro G¢Kd Terence Kng Ellzab8th Platt Mwgarot Rthshbeth Janet Watchman p08
D¢wibJn En¥dopo ID.. W6.17s34FcIMlsM64I1FA4l SUFFOLK WILDUFE TRUST TRusfEES' REpoirr (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 •. Inv••lm•nt pdlcy and porfomMnc• Our approath Is deta11 In OLY Savlry. In¥gstfftht & Reser¥es pdky. We spread the Investmgnt of funds between a defined118t ot. Instant access and very short-teffli deposit a(xounts or cash fund8 {up ts) 95 days noilce) to ensur6 am 0rating expènditure commitments delr4or8d. Short-18rm deposit accots rash funds {1 to >year maknriti8s) to enswe al capttal expenditure coMnwlnts are deOre. LiquKI inveslment lunds that meet the Tnts Objects¥ and are managed pledomlnanY In accordance the Tntsls values. The Fina & Resour¢e$ Commleo approve a list (lfinwlaI anthr that m¢ot the (xiteria ouuinad in this policy ond aLso sat maximum18¥8ls of to b8 inv8st8d in aaL. Durlng th8 year ow inve5tm8nts nL¥eas8d in vak by a smal arnount. 31 FINANCIAL REVIEW a. Golng conc•m This year. th8 Trust made an unrestrKted decrease in fd5 of £193.OC#). Thts reftts the strategic decision by the Board of Trustees to make a planned yo$trnI in expandww our impact on the wilder landscape beyond our nalurg feserves ty provKling alvice, support for con¥wnty-ted )n and advocacy. Th8 odual funds Inveslmenl required was less than bLMJgeted thanks. kn part lo donatk)ns and legades recefved trom member8. InveBtmenl in expanding our effoTts beyond our natLYe r88eives underpinB our ambition to bring nature back. creallng connacllvNy across the landscape and the space for nalure scKtety needs. After maklng approwlalo eTh]uiries, th8 Trustee5 have a roasonat48 exp8Ltation that tho Trust has adg4uate raUrs8$ to cntinu8 in operational existence lor the lfftseeab16 hJluTe. For this reason. they contmiue to a¢pt the going Djncem basis In preparing thg financia statamgnts. Furthor d01aiLs rogarding thg adoptiryi ofts goirq cy)nGgm bask8 can be I0d in the accounting psicios. b. Rmoms poIIcy Free reserves are fund$ held in case of ory sudden de(ne and to ensure that ntraCtual obligoUon¥ lo staff, pramises and fvnthng partners Con be mot with confkJenc•. Thg Truslee$' poliw 1$ to hold freg r&sources sufficlent to meet 6 m(Mlhs unresldcted eyJ)antSture and assoclated core staff u)8ts. Free re8oNes sufflclent to meet these ol'ecuves were m8lntslned throughlxrt the 202412025 year. For 202512026. in accnrdance 4wth this poffry. the free r8seNe target levels been Callted at £1.732k. and ow general funds aro £1,788k. Free resoThes are monItc at every Board meeting. Funds above Ihls Iwel can be doslwated to spedlk woJ•, the acqLisIt&)n (rf land as noture reserves and as(ry and erwement lo the delvy 01(r 2030 stratsgy to Nalwe Back. As part of ongoing ¢1?] pknniry. tho reY the Iwol of unrestrKtsd and rgslrlclgd funds at each Board meetlng. FurHls are alltxatod ten restricted and unrestrktsd funds In accordance wlth th& wlshes of the donor. As a swjriftsnl proporti of unrestricted iome is derlved from membeh1p sUbscrI10n$. the Trustees poy Parti1¥r attentKin to ltsvel ol ThMbehl>. Pthlpal Tlsks and uncertalnt The Tnjslees are res[(SIble for the kjenllftstion and assessmnl of the maffior risks to 4¥thlch lh8 ch0TIty Is exposgd. The rlsk marwent strategy C¢id5 these maior risks and Ihe gffo¢tivenes$ of the arranggments managing them. AJrything that might undenin8 our ability to fulfil our charrtable objectives is cLJnsidered Inclthllro: Page 9
Erwoh¥¢ ID: 38369FBE.175wC¢kA15BC4l4FA1l SUFFOLK wILDu TRUST TRUSTEES. REPORT (CONTTr4UED) FOR THE YEAR EMDED 31 MARCH 2025 RISK IMPACT Gov•rnanc• rf8k• Qor Govemar MmGATrON TO ADDRESS THE RISK njst wou eun an ina to move forwards, resulb'ng in poor d8lrvery of Ils charabl8 (knjeclfves.. Trustees andlor Leadershlp Team acling outsmle dritable ot¥8clives Ing Cont G0Vem¢@ Stsn(ling OnleTB, Tnthélloft irKkKl&d in knnual oenda Plan Conllkt cl interest Cpr0d in the Regisier CA Leadwshr) Team Reput8lYJnal damwJe to the Lary 1nad8quats wo¢adLes to an•blè and The straltgy is directty aligned to thè Charitabl¢ obi¢¢ Opornllonal rlsk¥ Inabilty lo Loss of rapaGty aThJ conlnuty re$ultiry recruit and an inylity lo rrwt thaitobl8 obie¢iNgs: retsin suffidenl Staff Investment wi staff and volunteers Is key strand of 2030 stralegy Focus on oryanlsatiLThI values and culluro and aJnlng practke8 T88m and l or specialist staff Falure lo retsin ( stsff Failure to retw or recn suffK t)k8ct slghtfrcth dl rdes tt) Char)le ot¥eckn k> allgn to kndfvllual's Vae9 d)0b satk8lacUon Active cLYnmunlcatlon between staff, volunteers and Twstees to ensure Issues are Id&ntifi8d and resolvtrj. FaJre lo manage stsff & VO10015 so Fallure to manage H6•lth & Safety rlsks approwialety Cfversitht ty Hèalih & Safety & Safeguarding Board Committoe Named Le&J TNstee for Hearth & Safety Fafth & Safety Polky and pl)Ce$ and reC£ing, incI11ng Codes of Pracllce, Rlsk asseSsmts and related polths Owg reth of rlsk assessments for all actiwti88 and S88 rtsOnal damage finda1 k6s Serh)us Inluryorfatallty Invrtthg menerof Serious lryurywfatalty invokéing m•rrlJw of the publ Orw9 trawling pr¢kn3rarrrn for stsff and volLmtews Fallurn to protect In(Jlvldual$ from harm Overslghl ty Heakh & Safety & Salaguardg 8oard CommiitO8 Named Load Trustee for SafeguardlrwJ Sguarding Poky, ce$Se8 and rec(ffdlry, IndIng codes of pradce. rfsk assessm8nls and relalad pollc8 Ongoing wc#3ramTh for staff and volunteers damage aTrJ financial loss ctharilabk ot. Pago 10
cwuS fl: 3B369FBE.175&4FW15MG84l4FA•l SUFFOLK WILDUFE TRUST TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Compllanco rl•ks Lo$$ or RewtsllaI danwè (og breath of GDPR). damage to finaFKxal loss and inabilty to DJntnUO OP8rations and delNery of dwilth ()ves. Cyber altack Dats breach I108s of pers data Strg data management framework knduding pollcy. processes and tralning. Robust IT SelrRY fram8wth Incl11 firnwalb use CAcld-baSed Ex1emal IT support GovemarKe frameth.. Scheme of del8g8lion And significant projects are approved by the Board of TrLtee5 Insurance, tralnlng and physlcal securtty at Trust site8 Other operanal Inabilty to delNer thaiitable objockn. reputalK>nal damagg arKI finanrial ths through: Inadaquate security of physKal assets Failure to contra( gxtemal b(Klies Failure lo ccryly with wrent1ot Delwery oltme4wnited prcyects other operatKJnal aclivity Loss of reputatN)n due to therne ubli wAih running a multb fac8t8d organlsatk Managem1 framwork for 811 w(4ects ctYnrrwnkonS overht ty Le&lershlp Flnanclal rlsks Poor financial Reputan81 dam•J8. financial loss and nabiky Oversight by Flnance & Resources Board Hon Treasurer acts as Truste8 18ad f¢Y fina8 Poor financiol cy)ntrol$18odiThJ to Ic6s Failurg to c(%npty yb regul81ths Savings. Investrnent and Reserves licy rJ)verYJ all investments managed by thè Trust Fknanclal rewlkng lo the Board Schome of d91ogation for firsancial sign off Effedive annual budgeting procedures and in WNestoJJywig Exl•rn•l rlsks Extomal environment in areas Such EnVIrMental and risks impacl aspects of the Tft¥s wratK>n to redu1 abllty f£ deknr chllable c+l&ths: The Board and Leadershlp team regula 15CUSS th8 Potantial impact ol thes8 rtsks and flex the Trust's xbvities to manag8 th8tr impact as faf as possit48. imate chang8 Stat8 of UK eo)nomy Geopolitical risks UK p(4ltlcal climat6 Pests ar pathogens Loss Sn value of Inveslments Charo8 In hatmtat Thè Trust¢e$ w$id¢r risk al every me8kng and rev tho stratsgy in depth on on annual basi5. Thoy are satlsf18d that systems are in place our ex[re to major risks where FsSible. P> 11
Don ETh¥¢W ID: J9FBE.17SS4fcN15H6BC414FA41 SUFFOLK LDuFE TRUST TRUSTEEV REPORT (cop¥nNiIED) FOR THE YEAR ENDED 31 MARCH 2025 Flnanclal rtsk manag•m•nt Ob¢1 and poMcl•s The Trustees ar8 respOnsle for th8 xl8ntification arKI assossmènt of the 10r iisks lo whbth tho charity is exposed Ise8'c' above). The rfsk managemt strategy conderS th8so mapr rbks and the effectlvanwss ofthe aTrangements for m•wing thgm. Nmything that Mht undemiine our abilty to fulfil (Mjr charit8ble Oty'oct8S Is ¢onsdwed indudlng.. responsibilty to our staff. ¥oiunt8ews and Nisko assets. b(th thlc81 ffinarKxal relalnlng stal and VonI0013 the exiem81 environment The Trustees constder thè strategy at Botrd aThJ undertake a fill re7Aew on an anrwjal basls. The Trusle8s are satisfmd that syst8ms ara plaL¥ to Thmtsgate exposw• to the mai)r risks Ther8 possible. Flnandal Is adthessed fwthgr in ttTr¥S Savlrys. InwslmgN & ROSep polywhkh Is pdm8rfty deslgned lo ensure and promote the tharity's ffftanGial Te$lience to delN0r its strategiG obj8thv8s. The annual review of the considers both lh8 hlslwic and antiated future nthre and of h)com. and cathl and revenue expendtture comrrMtm8nl& To protact Iho Trusfs f(la1 assgts. To enable the Trust to lulfil the cknjectivos d the chwity and to be able to access funds as expenditure Is required. 1111 To hold SuffOnI frae reserves to wmire the Tn&81 Is abl6 to meet its wcffklng caphal commllments In the short tenTh and afsoto enswe nI liqukj reser4es are avallable to medium tem) dèmands. Iv) To optimise financial relwn. c4)nenSUr4te a bwlovel of risk and a hlgh18vel of liuldlty. wllhkn o sl#llY r¢sp¢Sible iivestment pdw. •. Prfnclpal f4wMllng We appty for and are pleased to recdve granl lundlw for our n81ure reserves. sped8s conservalk)n and lèaming and 8ngwent activitie5 1M a wde fango offunders. These raTrJ8 signrfKanty In si28 dgpending on Ihg proi8Ct. and each on8 is a val piec8 of ourfunding jh3saw that enables us lo fulfil our charitablo objectives. These fvrK1ffl5 ITde cwilthe trusts. gr&rt Mang b(xli8s. g)vemment agenci85. buslnosses. mrnunty groups and indivhjual grfts ttWOu pgr¥(Ko1 gifts. bgacios and fvndralsing. Mgmtrshlp remalns ow larggst w)restr*ted soL¥ce of fufftlkng ttt undwplns everythlng th8 Tn1 does and embeds aclivky in comrbxnitigs 0$$ Suffd We continue ts) opwato a dethcatod Ltyacy Fund wiltin th• Tntsf8 O•sign8tod Funds thUgh V•tbth Trust•O8 determine how unre$lrictsd legacles are altcKated. This ensures targeted usa of these fund$ tr> deliver our strategic wnpactlorwildrfa and also alliyrts us to pUblty ackn(Mrf8thJe tho UnPanc8 of thesa gonorous grfts. Page 12
ch)19n En¥8lw D. 3B369FBe.175>4FCfyA1S&8618C414FA41 SUFFOLK WILDLIFE TRUST IA C¢ry•ny Lknltsd by Guarnnt••) TRUSTEES REpoiYf (CONTIN) FOR THE YEAR ENDED 31 MARCH 2025 4) STRUCTURE, GOVERNANCE AND MANAGEIAENT Conslltutlon Tho Trust is Tegi51erod as a mernbets Iwniby liabllty conwny and was set up by a Memorandum of Assoclath)n on 20 Novomber 2002. b. M•thod• of 4>polntmont orel•cllon dTnMle•• Tho management cl the Group and the Tntst ts the reSpNIty of the Trustees who are elocted and undorthe temis oflh8 Trust d88d. Any memb8rofthe Trust can pul themse8 forward as a Tfuslee. Nomlnallons are conshlered each year at the AGM and nominee5. it eledgj. have a temi of thrèe yoars. Tntslees aro ellgible to stand a second terni but if re 8lectad for o)ns8cutive tomis th8yare r8quired to takg a yearfs break before stsThJing agairn. The Chair rnay offer1m$? upforrfreleth t1 tho Initlal two three-year tern up to 8 maximum ofthree additial years. The Trust aims to have 8 tKoad rge of skills aiimyw is Tn09$ relgNBnt to tho running ofthe organisation aThJ monitors thi5 through tho Bowd skilL8 register. c. Organl•atlonal ¥lnK¢urn WKI d•d•lon m•kkng polld•s The affalrs ofthe Trust awe maw by the Board ofTnt00s. thr ts Chiel ExecutNè. The Board 1$ ¢omFwtsed of up to m•Je of.. l) Chalr, Fknorary Treasurer (apponbj at thé ftst P•)anl nelwi9 thè AGM) l Up to gight cdinary Trust88s 11 Up to addhlonal c(koplod Twstees Tho Tnjsl has four maln activity areas exh Its Dlrector or of Dep8tht.. Wihjlrfe Cons&Notion & Recovery. Landthsed projects. Philanthropy & Eng89èment. Flnan¢x & Resources. These Dyeclors arnl Department Hood$ TgF#Yt to chi Exè(11 and. with Ihe Clwf EX811¥8. fom the LeadehIP team. Fiiancè reports woducd by the Dethr of Flnance & Resources are sent to Board quartety. There is a separate whoNy ovm¢d tra subskjiary. S.W.T Tradkng Llmit8d that contin5 to trade successfulty and mak& voluable cnIribn to the Trusfs i1Orne. Th8 subsKliarfs rna xtNits88 ts)nsbt of Sale of wods. consuRancy and other services. Members ol the Board ofTrustses may be called upm to o)ntrttArte a of£1 each in the event ofth8 company going into Itqu*Jation. Pag6 13
Do•n ErNeW D: 3836gFBE.175WCA1weeQ4l4FA41 SUFFOLK WILDLI TRUST (A Company Llmlled by Gu•rwt•• FOR THE YEAR ENDED 31 MARCH 2024 d. Poll¢hs •dW•d forth• InthKII¢ Iralthg olTru•l• Thero is a structured InductKM) Fwoce8s lor nvwTntstees meeiin9 kéy staff. rocafving governanca. strategy financtal dwjments and vigits to 98tawty nat0 rèservts. Tha Chalrwlll Introduce Trustees to frst mo8lwwJ of th8 Board tw attend may arrange for an e8labllshed Tntstee to act as mèntor to new Tnth. The annual revlew of payroll Is aFyro¥ed ty Board of Tfttstees usin9 CPI as an indkatlon of cost of Ilvlng Increase and extwnal benclrnthYvJ winst cAh8r ldfe Trnsts aThJ th8 natural heri¢8g8 Sector. On o¢ca8lon there can also bé interim reviews. f. R•lat•d yrty vdatlon•hlps q. Flnand•l rf•k mM•g•m•nt The Trustses hava assessed the mw risks to lh8 Gr(w and lh8 Trust are exposed. in partlaT thoso related to the opera110 and finances of Ihe Grow) and Trlrt 8nd are satisfied that sysknis and procedures are in place to mat8 exposure to the mwr rks. h. TnMt••8' Ind•mnl¢l Trustees are (A)vered under the Trusvs Manag1 Liaw Pdiy b a value of£2mikn. 5) STATEPAENT OF TRUSTEES. RESPONSIBILrriES The Tru8te88 (7kn are also tho DweCtO of th8 TTr for Ihe pUry1 of company law) are respble for preparing the Trustees. Rert indudwig thé strateg Repyt and Ihe financial slatements In accordance wf(h applkable law and Unit¢d Kingdcffi AGwJntirvJ Standards (United Kmgdom GrallY Accepted Accounlng Cryny law requlros the Tntstees lo prepare f(81 each finwc41 yoar. Under ccInY law, the Tnk8tsas must Mt approv8 the finanrAal staternts unkgss they are satsfied thal they glve a true arm1 falr view of th6 ststè of of thè Group the Trust a1 (rf tholT incomlro resources and application of rosourc85. Induding thar inrAJffle and expgndltsw8. for that p8rnd. In pretwng these financial statèments. thè Trustees ore required to: solect suitable xcounlwig polii?es ar¥J then apply them ts)nsistenty' observe the m8th()ts and winclples of the Charibes SORP {FRS 102): make judgn*nls and acojunling estimat8s that are rèasonablè and tffud8nL sLgte whether 8ppllcabl8 UK knunliry Standards {FRS 102) have bean f(th)wed, subject to any material depariures disclosed and explained n the fmanclal statemw)ts; prgpare ts fincial stalements on o)rnYn basis urfess * is 1naFpToia10 kj presum8 that the Group 11 ntInue in bjsiness. The Tn1889 are responslble fcrf keepkng adequate r¢(ords that sufflclent to show and expIn thé Group ar the Trusys tranSaCn$ and disdosa r8asonablg accuracy at any b'mo th8 finanThal posltion of thè Group and the Trust arHI enable them to erwve that the finanGial slalements COTryly vhth the Companleg Act2006. They arè also reSpsible fty safoguaTthTWJ a$5ets ofthg Gmup and the Trust and h8nc8 for taking rea50nab staps for tha pY8venti and deteCn offrwl and other irYowlwlts& Pag8 14
SUFFOLK LDuFE TRUST (A Company Llmlt•d by Guarant••) TRUSTEES REPORT ICI)IfflNUEO) FOR THE YEAR ENDED 31 MARCH X+24 DISCLOSURE OF WFORMATION TO AUDOR5 Each of the p8r50ns T*ho are Trustees at the Ilme ¥rtwi thls Trustees. Rewl is approved ha$ that.. so far as that Truste8 is awarn. th8rn is dit Infom ofwhich the charttablg gTOUP'S audltors we unaware, arxl thal Trustee has tsken am the steps that h1 to have begn laken as a Truste8 vi (Yder to be aware of any relevant audit infonnth and to estsL8h thal the charItab grnup's •Allors aro aw8re ofthal AUDrroRS The audito, Peters E4Y & Mre. have (alad th8irwllir#Jness to continue in offi. The deslgnaled Trusto8$ wil propose a motbn appoiniry the a(KItl$ at Ihe Tru$f$ knnual General Meeting. Approved by rydgr ofth8 ofthe Boa d Trustees and siwed thelr behalf ty.. Robyn U•w•Uyn Chalr Datè 07 August 2025 Pago 15
(A Crynp•ry Umll•d by Guwwrtm INDEPENDENf AiIDITORS REPORT TO ThE IAEMBERS OF SUFFOLK WLDLIFE TRUST OPINION We have audlted the fifnclal staten of Suffo4[ Trust (the 'p8rerrt thadlat48 companl) and tts subsidiary (thg'group')lor th¢ yearéndad 31 Marth 2025 whith comyiso thè Consolidated Statemènt of Finan¢xI Activbiles, tho cons0dated Balanc• She8t, the Tn1 Balance Sheet, the Consolidated Stotomenl of Cash Flows and the rolated not•8. including a summary of signifinI aCCntil9 p18&. Tha financial r•rXting fram8work thal has been appliod in their Fryaralion is applic•ble law aTrJ United Kirwcrfn A¢untIng Standard$. includlng FInar81 Réportlng stsnda 102 Financlal Roporting Slandwd appllcablo In th8 UK and Republc of Irelanrt (Unlt8d Klngth)m G8nor• Accèptsd Prnct•). In ouroplnlon the statemts. ve a true and falr ¥18w d the state d thè Gro oftho pwenl charftabl8 o)mpanVs affalrs as al 31 March 2025 and of the Group's res0W and applkallon ol resources. Indudlng rts Income and expendRure for the year then ended: have bben wopety prepared in acctydance Urd Ithrdn G8nornItyAcPtOd Accounting Prnctico: and hav8 been preparnd kn ac¢ordan( 7Mth the rewkemnls of thg Coi¥)anles Acl 2006. 8ASIS FOR OPINION We conducted our audl in acoydanc4 with Inlernathywl Standards AJ111n9 (UK) (ISAS (UKI} and applhcable law. Our responslbllitles under those standards are fwihar descrfb•J In th8 Audtors. r8spon8lbllliles for the audit of the financial statements seCn of our T0rt. We are independerbt of th8 GTOUP in a¢xudanc8 With the ethical requirtments that are relevant lo our audr( ol th& fwkqncial slatsments In the Unrted Klngdom. Induding the Financial ReportNw Ctyjnta's Ethical Standard. and TA have fulfill&J our other ethical r8sponsibilits in accordance with these requr8m8nts. Wè b8li8va that lh8 audit wxl8rce we havo obtaine(l is sufficiènt and appropriate to yovkje a basls for oplnkn. CONCLUSIONS RELATING TO GOING l¢ERN In audldng the financlal statemerts, w• Ihat Iho TrLt•eS' Use of the golng concern basis ol 4nting in th8 pr•parath of th& finaNa81 stateMts is aprKowats. Basod on the work vJ have pwlrnd. we hwe r¥)t AJent( any material uncertainti•s rol*ing to events c ¢ondilion8 that. widlvldually or c¥)Ileclfvely. may cast slgnlficant doubt cffj the Group's or the pafent ch•rilablè companls abllity to continug as a g(xng a PWKXJ of at1gaSt mcfflths from when Ihe finandal 8talements are authori8ed for igsue. Our reSpcffifj1 and the of the Tn1085 wlth resfft to wlDg (cern are dgscribed In the rèlevant sections of thls rep)ri Page 16
SUFFOLK LDLIFE TRUST IA Cryny Llrnlknd by Guarantw) INDEPENDENT AUDrroRS' REPORT TO THE MEMBERS OF SUFFOLK WILDLIFE TRUST ICONTINUED) OTHER INFORMATION The other In1mallOn comprtses thg Infom11 knduded In the Annual Repc#l other than the financlal statements and our Auditors, RepDrt thereon. The Tnths arB re5pcThible the other irrformation contained within the Annual Report. Our colni¢)n on th¢ fknancial $tat¢ments dc¢s not cover the oth¢r information and. excopt lo t extent othepis8 explicitly slated in our report. do not express any form of assuran c¥)nclush)n Ihereon. Our responslbllity is to road thg other Infornwti and. so, C(s1d0rwheth8r the other formatIOn 1$ malerlal Inconsislenl th the fmanci81 slalements or ow know98 obtained Yb the cours8 of the audll, or otheThA8e appears to be materlaly mlsstsled. Ifwe hjantify such matedal kthnslstencles ( apparent material mlsstatèments. we are requlred lo detemiine whether thls gwes ri88 10 a material misststemant in the financial statements thémsefves. If. based on the work we have Kerrrn. wa o)n(kn that thère is a material nNsstalemonl of thbs other infomiauon. we are required to rert that fact. We havo nothlng to rewt In Ihis reg8rd. OPINION ON OTHER IAATTERS PRESCRIBED 8Y ThE COMPANJES ACT 2006 In our opknlon, ba8ed M the work uThlertth kn the c¢>Jrse frf the athlbt the gpmn n th8 T. Ropcrfl lh8 strateg Rert for th8 fman(xal y8ar for whlch thg financiJ statements arg prepargd is o)nsislent vthh the fmanaal statements. TSte. Rewt and thg Stralwc Rep have been wepwed in aiwdormx th app'¢able Iggal requirements. MAThERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION In the light of our knoww and understanding crf the charitabl8 company aThJ its envirorwnant obtAingd in th tsjurse of the audi( we have rJt identifd maieri in the Tntee$. Repcvl including the Strategic R8PQrt. We hav8 nothkng to reyl in respKI of the matters kn rnlatlon to *thlch Companles Act 2006 requlres us lo report lo yj rf, in our oplthn.. parent tharftable company has not kept &Jequate and Suffi¢at a¢£ounting re¢d8. w r¢tums adequats for our audit have not beén received from branches not visitod by us,. or the parent chaiitable company fmancial statements not in agreamont wfth the ac¢ountln9 record5 arKI tums: or grtain disch)sur8s of Trustaes. r8mun8ration spertsd by law arn not made: or we have Ml recelvèj al inf0mall and explanations wg require for our audbt. Pag8 17
SUFFOLK WILDUFE TRUST INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF SUFFOLK WILDUFE TRUST (CoPINuED1 RESPONSI8ILmE8 OF TRUSTEES As explalned {rre fuly in th8 Trustees. Resp(SIbIlI18S Statèment. the Tn188$ (vtho also the threctors of the charilablg ¢ompanyfortho purp8$ of C)mpany Lqwl are resiSIbl8 forthe preparatlon ofthollnanclal ststemfjnts and for beiry satsrd that they grrfe a true and fair vlew. aTrJ for such Internal ccmtrol as the Trusle9s d8tormin6 Ls necossary to ¢nabl8 the preparntion of financial statemts that ar8 free from material misststomenl, wh8lhor due lo fraud or eThor. preparfng the fthanclal slotgff. ts Trustw arg resp( for assesskng the GI0'S the pwent arltable CoMpanS ablllty to cortwiue as a going cnncem. disdosing. as appli(xbl8. matters ielat8d to going COr&M and uslng Ihe golr¥J concem basi5 of unless the Twstèes eithor lo liquldate the Group the parènt charitablo company or to cease oper81K$. or havg no rn8li5tic alt8rnatNe but to do so. AUMRS RESP¢X4SI8ILmES FOR THE AufMT OF THE FW4ANCIAL STATEPAENTS Our objfjctives are to obtain reasonable a$sUrae about whetherlhefinanclal statements as a wme are free from materlal m15staterrn1. whether thje lo fra1 or 6rror. and to issuè an Audito, Repcrft that indud88 our opinion. Reasonable assurancè is a high 18vd of assuranc8. but is not a guaranteé that audit CoruCted In accordance wlth ISAS IUKI wlll aWaYS d8toct a material misslatement ¥then il exists. Mi551alements can arise from fraud or orrorand a conwdered malerial . knjfvithaltyor in thg ag. they ¢oubJ rgasonabty be ¢xpectod to inftuencè th6 economlc declslcms of users taken on lh• basis crfthese fffwKial statem8nts. lffegularltle8, udIng fraJ, of -¢Irya9 with laws aThJ ro9ulation$. Wo dgsign procedures in line with our responslblulles. oullned atM)ve, to detect malerial nx5slatements in respect ol iffegularilies, including fraud. Tha extent to whid) our wocedures are capable of detecting iffegulaitigs, Includlro Iraud 1$ detslbd bekw. Our Spwoach to idenlwylry assesslry the ii5ks of maler? Missts in Rspott of wregularitles. indu(ling Ihe R8swnsibl8 IndNklual ertsured thal the enga9wrnnt team colgclw had the appropriate on¥)etMce. capabthias and skll8 lo rwlso rth<ompll wth appli)181&Ws and rogulations: we Identtr the laws and TegLrtation5 appkabl8 to the GrP thrh discu83ions wilh Trtee$ and othor managon( aThJ frcrfn our knNledp d charity and company law and expertence: we foctjsod on spec¢ laws a1 r8gulatics thich we considered may have a drect material effoct on the finandal slatennts or the operatw)ns of trbe Charitable Company. inGluding the Ctynpanie$ Act 26. Charits Act 2011 and UK laxat legi$18tion" in addition, w8 rAyidered provisions of 0th8r laws and ragulations thlch do not have a a1 effect the lknancial slalements trt corylianca with wlmth might be fundamental to tha 8t¥'lity to cpwate tyto avold materi81 penamfrs., we assessod the exlent of Comrdian V•ith tho laws and rggulatk)n8 hlentth8d above through making en¢wliies of magernent and inspeding legal c(rfTespondence" idenlfi8d laws and regulatty)ns were communKed wthin ts authl toam regularly thè team remalied alert to Instsn¢es of r-CoMplI8è thrOh0 the aLIit: and w8 rèviewed th& minutes ofTrustees' meelvJs to klentsfy any references to nOnOMPla laws arKI regLationS. We assesse(1 tho susceptlbilty Ihe Group's finar*ial Statemts to matsrial ml8Statsment. IkKhJdlng obtalnkng under8landlThJ of IKwfraud nyghi(xxw. ty: maklng enqrfe$ ol managerrort as tt) where they th8r8 was susceptibilty to fra1. th8lr knovAedge of a¢Xual. suspectsd ar#J alleged frwj: arnf ¢ons•Jerin9 the iiternal C£11$ In pl to ntyla r18ks crf ftaL¥J and nonwnplnnce wlth Igws and regulaOn8. P¥18
Erw•W ID.. 38WBE.17534FQH15546WA14FA41 SUFFOLK IVILDUFE TRUST IA Compwhy Umlt•d by Guarnnta• INDEPENDENT AUDrroRS' REPORTTO THE IAEM8ERS OF SUFFOLK WILDUFE TRUST (CONTINUED) To addres8 th8 rfsk olfraud throLwh Man&38 and owArld8 of controls. we" teStedmal entri8s to ¥JenOfy urnal Irartsxth: gvaluatg(l the assumption$ judggmonts by manag0Trt withln 8igYkrflcant accounilng estlmates and 8$8essed whether indtcated evwjence of management bias.. arKI p8rfom)ed audm work over the rSsk of maqernent overdde of CLMtrols, Including testing ofjournal 8ntrl8S and other adjustments for appropTiateness. evaluating the busness raticfflaie of sh3nifKant tra0c1k)nS outside the nomial course of bU$e$S and rgviwing aw{nting estimates for bias. In response to the rlsk of IrreguL9r6tss and wilh Iv•K and rewlations. we de8bgned proc8dur•s which induded. but wero not Iwnited ts): agrnelng fClaI statemgnl (Isdosures to undW1yh supp)rtlrYJ dtxum8ntstlon; reading the minutes of Meetg5 of those charged wilh govemance: enqung of management a$ lo xtLo1 and potential Iation and G*iffo', and rovièwng cornespcmd6 ¥th reart regulators sh a8 thè Charity ComrrM8810n. Thare are Inherent knitations in our di1 wocodures dosrJibed above. The removed that laws arKI regulalons are from financlal tr8nsact1ls. the less Ikety It Is that we would become aware of non-compllance. Audillng standard5 also limit the audit procodLwe5 required to identrfy non-complianc8 with laws and regulattons to enquiry of th¢ dir¢GtNs and oth¢r manapmont arwj the in$peciion of regUtOry and tyl corresponden¢¢. rf any- Material misststements that arlse due to fro1 ¢an b8 harderto delwAthan those that aris& from erroras thay may invofve dellberale concealm&nl or ccAhJthn. A further dascrfptlLM of our responslbilities for the audit of the financial staloments Is located on Flnanclal Reporting CoLmC'S website at.. www.frc. .uklauditorsres nsIbrtias. This description forms part of our Auditors, Rep¢Yl. USE OF OUR REPORT Th18 rewrt Is made solety lo the charllable companfs members, as a I. in accorda wllh Chapter 3 of Part 16 of thè Comparth Act 2(K16. Our audft work has b8en undertaken so that we mltht stste to the charltable companVs member5those Matte are requirod to state lo them in an AJItorS, RepDrtand forno other purp. Tothe fvllest 8Xtgnt permitw by law. wo th rbol pt or assume nSitrItytO anyone other than the charilabie company and its members. as o b&Jy, for our audit lor this reprf orfor the opinnS we have formed. Nlkkl Lo•n (S•nloT Slatutory Audllor) for and on behalfof Pet•fs Elworthy & Moor• Chartwed AwLtrnts St8lulory AudoIS Sallsbury Puse Statb)n Roal Cambrklge CB12LA Datè.. 07 Auwst 2025 Page 19
SUFFOLK MLDLFE TRUST (A Compwry Umll•d by Gnt••1 CONSOLIDATEO STATEIENT OF FINANCIAL ACTMTIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 21nS Tot•1 fund• 2023 £000 Totsl fi4nds 2024 £000 fvnds 2025 fund• 2025 INCOME FROM: Donatbns and18gades Charilable Other trading araivitios Invastrnents Other ifKom¢ 1032 3J61 3.131 1.096 3.421 3.802 1.069 113 37 2,786 11 1.085 10 10 TOTAL INCOME 7.710 8.442 EXPENDITURE ON- Raising funds Chaiitabla actsvitS 1.17S 1374 1,171 5.021 1,168 4,624 10 1647 TOTAL EXPENorruRE 2,6SO 6,199 5.792 INCOME BEFORE NEr ILOSSESVGAINS ON INVESTMENTS Not {1058esygain8 on inv88lments 1A76 (226) NET INCOIAE Transfèrs belwoan funds (191> 1N70 1,285 2.652 NET MOVEAENT W FLINDS 1193) 1A78 1,285 2.652 RECONCIUATION OF FUNDS: Totsl fvnds f(rfward Net movement In fvr#ds 7,198 (1931 24.356 1,478 31,554 28,902 2,652 TOTAL FUNDS CARRIED FORWARD 32.839 31,554 The Consol*Jat8d Slatemeniof Financial indth al gains k)$8e8 recognw In the ye8r. The notes on pages 24 10 51 fomi part ofthese flrwtht ststements. P40 20
SUFFOLK ILDLIFE TRUST (A Compw Lhrflod by Gu•rnrt••) REGISTERED NUMBER: 00695346 CONSOUDATED BALANCE SHEET AS AT 31 IAARCH 2025 2025 2024 £000 FIXED ASSErs Tangibl8 ass8t5 Heiitage assets 15 16 3.618 .285 3,835 21.225 24,903 25,060 CURREKf ASSETS Stocks 18 19 32 4305 Investments Cash at bank In hand 1.831 2.743 25 763 7252 cred0.. amounts fallw¥ due wrthin on8 year 21 1758) CURRENT ASSErs 7.936 6.494 TOTAL NEf ASSETS 32.839 31.$54 CHARITY FUNDS Reslrthd fijnds Unresldctsd funds 24.356 7.198 7,005 TOTAL FUNDS 32.839 31,554 The Trustths acknc6thdge Ihelr re$51b1fities fori>ynptyiw Tilh the re4ments of the Act lth respecl to accounbng rgcryds preparatknn of finan(?d stslements. The financial stslements were approved and aul1m for issue by the Tfusts68 and stgned on thek behaW by.. Robyn u•w•llyn Chalr D8te'. 07 Augu512025 The notes on pages 24 to 51 f(xm part ol Ih8so financial statèmè. Page 21
glyn Er•1Tr. 38389FBE.17534FCSA15M608CA14FMI SUFEIXK bWLDLIFE TRUST IA Company Lknh•d by Guar4nt••) AS AT 31 IAARCII 202S 2025 2024 HXED ASSErs Tangible assèts Heritsge assets 15 16 3.595 21285 3,803 21.225 24880 25,028 CURRENT ASSETS Sto¢ks 18 19 10 4204 11 2.784 1.831 2563 Inveslments Cash at barth and In hand 1817 8.035 7.189 Credit. amounts faling du8 with one year 21 (743} {686} NEf CURRENT ASSETS 7.892 6.503 TOTAL NET ASSETS 32,772 31.531 CHARITY FUNDS Restrict8d funds Unr05trict•J knds 25.833 6J39 24.358 7.175 TOTAL FUNDS 32,772 31.531 The Twsfs nel movement ¥1 fvnds the ypar was £1241k (2024- £2.676k}. Th8 Twsto85 acknced90 thor respLwibiliti8s for MPly4 the requirements ofthe wrfth ffjspect lo acwunbng rec(d$ preparation d finarKial statements. The financial slalements wer• approved and authori lor issue by the Trusiges aryj slqned on Ihelr bghalf by: Robyn Llwdlyn Chalr 07 gUSt 2025 The rth on pages 24 to 51 lorm part ofth8s8 frnndd statements. P0 22
ID.. 38389FBE.17534FCfyA15546WA14FA41 SUFFOLK WtLDUFE TRUST COP4SOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 £000 2024 £000 CASH FLOWS FROM OPERATING AcnvmES Net cash ganw8tad from OFrnling actr4ili8s 24 2.558 CASH FLOWS FROM INVEST4G ACTMTIES 113 Proce8ds from the Sale oltangitde fixed assets Proceeds from insurance clairr Purchase of Intangible assets Purchase of langltAe fixed assets Procogds from salg of investments Purchase of inv¢strnents Purchase of natW¢ T¢serves (h*e assets) 19 {428) {2,143) NET CASH iISED IN INVESTING AcTivmES {2,408) CASH FLOWS FROM FINANCING AcnvmES 400 {1.103} Repayments of borrowing (400) NET CASH PROVIDED BYI(VSED W F•IANCING ACTMTIES (400) {703} CHANGE IN CASH AND CASH EQUIVALENTS IN THE YEAR 185 1553) 3,296 Cash and cash eqUivalts at boginnww of year 2,743 CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR 2.928 2,743 Th8 nol88 on paAes 24 to 51 f(ym pwt d thgse ffiondal slalements Pag8 23
[Jlln EMb]po ID: 3WFBE.17534FCfyA15ft8688C414FA41 SUFFOLK WILDLIFE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 GENERAL INFORMATION Suffolk Wldlh Trusl 18 8 cwlable cuyny Wed ty guwanlee and Ythrporated kn Engknd and Wal83. Its registered office. whlth Is also the prlKWI F4ace d tAtsln8ss. Is Brooke House. The Green. Ashbo¢king. IpswKh. Suffol(. IP6 9JY. AccoupifiNG I>OUCIE8 11 BASIS OF PREPARATION OF FINANCIAL STATUIEKrs The fknanclal 8tatemanls have been wepargd In a(sYdance Wllth the Chartiles SORP (FRS 102) _ Accounlkng and Rertth9 by Charhles: Statement of R8commend8d PrnctK8 applicable to charit188 prepartng thelr ac£ounts h) ac£udanc wlih the Flwncial Rert11g Star18rd applicablo In the UK and Republic cl Ireland IFRS 1021 {effethe 1 January 2019). th8 Finarrial Reporting sdard applicable In the UK and Rewblic of IrelaThJ (FRS 102) the Companies Act 2CNJ6. Suffolk Wildllfe Tr1 meets Ihg dofirdlkj) da publk benefft enlmy der FRS 102. Assets and Mab116tle8 are InltBIty reccgnized at hisiorKal cost ry IraGthn value unless Othe$8 stated In the relevant Thé Consolidated Stater11t of FllW1al Activiliè8 (SOFA) aThJ Cmsolidaknl Balancè Sheet ¢onsolidat¢ the fina181 stateNths ol the Tntst aNI its Subsidiary uThJertaking. The rgsus of thg subsidiary aro t)Jnsolidated on a lin8 by ITh tWSi5. The T1 has taken advantap oflhe eXemp1K allawad undar sthin 408 dlh8 CcMlo8 Acl 21K16 and has not presented Is StateThnl of Flnanthl Aclmtles In these flne4Klal statemènts. Th8 financial statemants e wi pound stwfjng rouThJed to newest one thousand. 22 GOING CONCERN aptKopriate and Ythelher there are any rnaterial uncertaintss Telated to events or conditions that may cast signfficantdoubt ¢)n the abllty olthe Trust lo o)ntknue as a going coneèrn. The Trustees make this assessment in respect ol a period d at r&ist one year from the dae of Ihe approval of the financial ststemènts. Wilh the level of unrestricted fvrrfls and IKJUi(l assets avalable, the Trustees conslderthe organlsallon in a stablefinanu81 posthon. The Trustees have considered tho16vo1 of funds held and the expected level of InC(e and expeTrJIrO for 12 months from authorlslng these financial statements. The Truste8$ ¢onslder that tr tdget80 ¢a8hfftow Is sufficiènt wlih th8 kn1 ol unrastricted reserves ftjr the Tfust to be able to meet its liabdibes as they fall the. For this reason. the Tru$lo¢s ¢on5id¢r it appropllalo for ancIal statemonts to continuo b8ing prepared on a going cnncom basis. Page 24
LhJrJJsn Envelw10.. 38269F8E-176WCfyA1S&868BCA14FA41 SUFFOLK WILDLFE TRusr (A Company Umlt•d by Gu•rants•} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 AccoupinMG POUCIES (copinNUED} 13 INCOhlE I Incom is recognisad onca the Trust has en111ment to thg income. il is probabl6 that the Income will be rgceived and the awnt of ints)mè roc8NatAa can be mgasured reliabty. Tha rocognition of income from legaS L8 dedent on establishing entill8mgnl, the probablltty of recelpt and the ability to estimala TAh sufficignt accurary tho amount rncelvable. Evklenc8 of enb"U8ment to 8 legacy e$ts the Tnjst has sufficient 8VKl8nca that a gft has been 18ft to them {through knoww of th8 existanc8 ofa valid Wil and the death of the bgnefaGtor) and the executor is satisfied that the property In qUeStw wll not bè required to satisfy daims in tho 8state. Receijl of a legaw must bè regnised when it is probabl8 that it will bè recep4ed and the fdr value of the Bmount recoNabl8. which wll generalty be the eX[ted cash arTr)unt to be distribut&J to Ihe Trust, can be relabty measured. Grants are knduded in lh8 ConsolhJat•J statem of Fala1 A(#lvMles on a re¢èNable basls. balance of IncLNr recefved for specrhc purFQ5es but not expended during thg period 1$ shown in tho relevant funds on the Balance Sheet. Where incomg 15 r¢céived In advance of 8ntttL8ment of r8ceipl. Its rgCO3nibon is dèferred and Inckjded kn creditors as d8f8Thed Income. Where entitlgmant occurs bafore Incomg 1$ racerrf8d. the incom8 is awu&J. Donated s8rylc8s LY f8ciliti8s are recognisad 7hffien the TNst has control over the Item. any condlttons a5so¢ialed with the donat&l Item have been met. the rncopt of eCon(tyn ben9fil from tho us¢ of the Trust of the item is prob>le and that economic bwefrt can bè mèasurad r81iabty. In accordanc& wth the Charilw SORP (FRS 1021, ga)eral VOnI08r time is not r8cognised and refer to the Twslees, report for rrKJre inf0Mn aul Ca)nlrtMJiKm. Where the donated good Is afryed asset. it is mgasuredatfairvalua. unless It is impraotiGal to moasure thi8 riabty. in whlch case the cost of the itwn to Ihe (k)nor sTrh)uld bè used. The gain is recogn159d as Inc8 from donations and a espOnding amwnt is induded in the approprfate fixed asset dass and deweciatod over th6 useful eConW lil8 In accor(lanca with th8 Trusfs attnIg pollcles. On reLlp( donaled prdessKxwI sorvKts and facilti8s are recwlsed on ts basls cl the value ofthe glft to the Trust whKh is the 8moLmt havo been vlllng lo pay lo obtsln $8rviGgs or faciliti8s of gquivaient econ¢Jmlc benafft on the open markat. a coTheSnding amount Is then recogni8ed in expgndrture in th8 perb ol rec8pJ. In¢omo tax recov8rabia in relatK to donati recelved under Gfft Aid or deed$ of covenant Is rewnksed at the Ime oftho donatk. IrOrne lax romrth kn relakn lo kn¥eslmnt is r8wni8ed at the tlme thg Investment Inc4yno is r8c8wabl8. Other Inme is re¢gnISell in thè In whith il 15 TeceNthle aml to the extent the gOJ$ have b8en pro¥Klod or on o)nwletion of the seryke. Pago 25
SUFFOLK IVILDUFE TRVST (A Compary Llmll•d by Guarante•) FOR THE YEAR ENDED 31 MARCH 2024 ACCOLINNG POLICES (CONTMIED) 2.4 EXPENDITURE Exponthurg is recognisgd once there i8 a le9 or constructNe Obligati to transfer enOMiC b8nefft to a thrd paty. it is probable that a transfer crf economlc bgnefits will be rétwlred in $8tt1om8nt and tha amount of lh& oblgatw can be measured reliabty. Expenditure is classifd by activity. Tho costs of eath actsty are made up of the trrtal of dire¢A costs and shared costs. induthng support costs Involved In undertaklrrfj each acknvity. Dlrect costs attrbutabl8 to a single acbvity are allocated dlrectty lo that athvlty. Shared Cr which conlitjute to nre than ong othity and support costs whlch are not attributable to 8 sirYJle acts¥y are apPortkyd bet4Yeen those thttles (m a ba9 tsJn$istont wllh th8 use of r&swrc. Contral staff costs are akncalwj on the bashs d tlme sponl, and depredation thargos alkjratod on tho P(Xti of the asset's use. Charitable activlties and Govemanco are &)sts iThxrr&J on th¢ Charrvs opgrions, Includlng support costs aTrJ o)sts relalkng to the g0vemc4 oftha Chary app(xtKir)8d to charftable actlvlles. Expen(Iture on falsing funds incJd8s ax axpenthlure incwrad by the Group to ralse fmds for Its charitablo purpose5 and indudes costs of al funthlng activlbes avents arwj n¢h81ab trading. Exp8nthture on chitabl8 8dr4ryt•s is krred en dtraY undèrtaklng a¢bvibg$ whkh fvrlher the Groups objecuves. as well as any ass(thted Sup[¥% costs. Al exporKlknra i8 induswm of VAT. 2.5 INTEREST RECEIVABLE Intereston funds hekj on deposk Is IncJded when receivaV* and the a)Unt can be maasurad rellabty by Ihe Group; INS Is n(Kmally uwi notificaknn of the interest paid or payablg by the Instltu15on wf(h whom the lunds are depcthl. 2.6 TAXATh)N The Trust i% consKlerod lo pa8s thè tests set wt kn Partyral 1 &hOdU 6 of tho Flnance Act 2010 and therefore K meets the defmitw)n of a thaiitable rnpanY for UK c4)rp)ratkin tax pury)os8s. Accordingty, Iho Tftt is polerthty ex6nW Ir<xn tsxation in r8SP8Ct of fjncomè orcapllal galns rncoived wmhln calegorles covered by Chapter 3 Part 11 of the crat)n Tax Act 2010 or Sectknn 256 of the Taxation ofChargeat40 GainsAck 1992. kn IaXIant Ihgt swh inc4)Th (Y gdn8 are appll8d eX¢$1¥y to chaitable ppOSe$. Page 26
SUFFOLK WILDLIFE TRUST IA Comp•ny Llmlt•d by Guarant••l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES (CONTINUED) 2.7 TAMGIBLE FIXED ASSETS AND DEPRECIATION Tangitle assets costing £S,fJ)O LY ave capitafBed and recognlsed when future economic benefits are wobat40 and the cost orvakie of th8 asset can be measured reliably. Tangibl6 fixed assets arn Inlti rgcogniwl at Cost. After fwmitlon. under tha cost mod81. tangibl8 frxed as$6ts arè mea$Lwed 81 cost less accumulatad d8waciation and any accumulated Smpoimient losses. Al costs Irurred to br4ng a tangible4 tsed ass8t t0 its intended wcing condi1n Std be Indd in the Tha5uroment c4 cc61 At each repcthg date Iho T assess8s whettw Ih8r8 is any Indkatlon of lryalrynent. If suGh indication exists. the recovwable amount of the asset 15 deterniined to ba the higher of its faif valu8 loss costs to sell and ts vahJ8 fft use. An irybaimwnt k)ss is ffj¢0gnlsed thth8re th8 carylng amount exc88ds the r8co¥erablo amunL 08weciatlon Is chwged so to olhxatè the &)sIOfts0b ftxed 8ss8ts l&ss ther residual value over thelr esmated uselul lives, using th8 Strnyht4in8 mathod. DeFyecOt is prrAidthd the f(kniTrJ bases: Froehokl wopaty - 3.5- 10% (m cost Long.tern) leasehold Frywty - Over thè temi ol th8 le8se Plant and machinwy - 10-20% on Cost 0th8r ed assets -4%- 10%on¢ost The rwges dbd)sed ithin Ihe rthy fthe be expwthd lo cover the 05timat8d lives of the kndfvldual assets held by the Tn1 Gains and tosses on are deterri by (>Jnyariw the woceeds wlth the carrytng amtsunt arKI arn rwnised In the coIJa Slatemont (rf Fwwncial klItiO$. 18 HERITAGE ASSErs re heiitage assets have purchas¢d. thoy are knitlally rocognisad at cost. After rooniLI0n. under the eosl model, herit8ge assets are mgasurod at cost less any aUmUlated depreciatKsn and any accumukl8d bmpaknient losses. At each reporung date the Trust assesses whether Ihere is any indThtion of impainienl. If such indiration exlsts, the reo)veroble arno1 of the asset is dotemiined to the hMJher of its fair value less costs to seH and its value in usg. An b)ss is r09n&0d re the carryif¥J aUnt exceeds the re¢?JV6rab amnL 2.9 INVESTMENTS Curr¢nt asset Inveslments are a form d fInCIal instrum1 and arn Inltlalty recojnised at théir transaction cost and subselwentty measured atfarvalue atthe Balanc Sh88t date, unless th8 value cannot be measured reliably in which case it ts measured at cost bess impaimnl. Investsnent gains and losses, wh8lh8r realised cff unrealised. are coN4)ined and presented as 'Gains1(Los8esl on inveslmenls, In the C$01[dated Statsment of Financi Actfvilies. Investmgnts are ¢onsid6red to be CLwrent as the Tnjst does holl Vesnts long temi. Inyastments which are gifted or donatod are. wherever K*Jssible, held Lmlil the Maet is sufficientto se(yJre a salès valu8 equivalent to Ot least the value ofth8 investment at the dale the glft was made. Investments in subsidiari8s ar? v8hl at tMt for W#1rMent. Pag8 27
SUFFOLK MLDLFE TRUST Compary Lhnllod by Gu•rant••) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 IJIARCH 202S ACCOUNTING POUCIE8 qCOP4TIIIUED) 2.10 STOCK8 Stocks uding Wl10r centre stod( arKI Livestock we valued at the )r of cost KI not realisable valuo after makirwj dug allowwKe fw obsoW slow-rtwing stocks. Cost indudes am direct Costs and an aFvrowiata proporlion of red vwlable overfd9. 2.11 DEBTORS Trade and other d8btCrfS am recowlsed St thè arnnt aftor any trade dl8eount off8red. PrepaYMts are volu¢d at thg aThwnl weFI nel of ary trade discounts duo. 112 CASH AT BA AND IN HAND Cash at bank and cash Wly liquhd InvestnlS wlh a shcrt mabthty of three or less frtyn ItK• date d a¢qlt ( operxng of the dep)sf( or MIlar account. 113 UA8ILmES AND PROVISIONS LiabIl1@S are rawM58d when tharn is an obligal&x at the BalaKe Sheet dats as a result of a past event. it K8 probable that a transfer of eC(MnIC benefrt wll be required in s8tUom8nl. and Iha amount ofthg can b8 eslYY4ted •. LlabllllSes are recogntsed at that Ihe Trust anticipates it will pay to setue th8 debt or the amnt it has rncived as thanced payTTnts for the goods or servKe$ It must provide. Provision$ aT¢ moaswgd at thg bgsl estlmate of the amnts required to selue thg oblgation. Wher8 Ihe affecl crf th8 time valuo crf money is material, thè FroNision is based on the present value of those amounts. discourted at tha dL8(J)urt rate that rects the risks spgcrfSc to th& liability. The unwdIng of the dISLI)I Is rncognised in tha Con501idated Statement of FInan{ AcUvltl8s as financ8 cost. 114 FINANCIAL wsfRUMENTS Th8 Group ha5 finwi81 assats and fIncIal of a kind that quahfy as baslc fnandal instruments. Basic fin¢1 instruments are Inltiaty recognised at transaction value aThJ subsequenlly mgasured al their setUeThnt vatyje tho 6xcept)n of bank l¢)ons arg subsequenuy measured at amortlsed cost uslng the effeclive interest m8th(J. 115 PENSIONS CorthulKsn$ made lo indr41alS. Pgrscfflal pgnsloD SL*erMs are chargadtothe Stat8m8nt of Fln8nao1 Activ$ in the perd in whlch ttw r8laie. Pag8 28
DuLW8fiw En¥Jpo ID.. a638E.1?584FCA15e$fjaC4I4FA41 (A ¢tynp•ry Umlthd by Guar•rtw) NOTES TO ThE FMANCIAL sfATEMENTS FOR THE YEAR END 31 IIAR¢H 202S ACCOUNTING POUCIES (¢OlflPIUED) 2.16 FUND ACCOUNTING General fiJnd$ are unTestrict¢d fur5 whlch are a¥allable for ule al th• discT8tion of the Trusts8s In furtheranea of the general OLI.t89 of the Group and wthl¢h havg nol bgen d&s¥Jnated lor other Designated funds coryrise unrestrfcled furKls thot have been set aside by the Tru5te83 for particular purpo$8s. The aim and use of dewgnated furnl Is sel out in the notes lo the fman¢ial Statements. Restrlclad funds are funds to be used in acoxdance wlth Sp¢ reslrlclk)ns Imposed by donofs ¢ whlch have been by the Group for partKular purposes. The costs of raising and administsrirwJ swh fuTrJs are charged against tho speok fvnd. The am and use of each restslcted fund is set oul in the notes to the finan statem. Investment In(Me. gains and k)$8es akKated to the appffjr fvr. CRMCAL ACCOUNTING ESTIIAATES AND AREAS OF JUDGMENT Estinales and judgments are o)ntinualty 8valuatad and e based on hlstodcal expgrlgnce and other factNs. Includlng expectatio of luturg events that are believed to bè r¢able underthe circumstances. crtlcal antil¥4 estknates aThJ aS$Trp: The Trust makgs gslimatos •d assumptKins Cncernl9 the fulurn. The resulbng acLountlng 8Stlmates and assumptions will, by definition. saklom 8qual the T8lated actual le$ts. The estlmates and assvmplions Ihat have a slgnthcant rlsk of causing a material a(fw$tsrItoth& carrying anynts of assets arKI Ilabllltlgs wlthln tho next ffinanci year are disoJssed bel. CrKlcal areas of judgmant: L4g•cl Thg Charity is Wi recept of Wdes. a legacy has not b88n settled at th8 year ond and the criteria for recognit)n is met an element of judgement may be wuKeil lo reasonabty estwnate the flnal sum rf not all settled in cash SUbsequ1t0 theyeareThJ. Any estimates vth8re possible aro based on advice from solicilo In delernwring estste valu&s which in tum may us• market values assets such as properties and inveslments. Data fmm apprwbte agents arKI relly avalable Ma81 data are used In determKilng thg estate value. Hwitage assets In(deS land wired as arable ld and therefore land that Is hehj at the cost of arablo land. As part of the Trusfs charilJie ¢)bjectivas, laTrJ is purchasod to be rewilded and therefore there instances where. rf requlred to be sokj tcthy, laTrl not achieve its cost value without addrtional expenditure being required. Each year. tho TnJ$t inlemalty rgvlows tho value of our larKI holding In comp8rfson wilh 0n1 markotvalues and caneonfrni do notvlth¥th8tth8 lotal valua of land is inyaired. therefore It remai 8t cnst. Pag8 29
SUFFOLK 111LI>LFE TRUST IA CThny Umlled by Guarantee) NOTES TO THE FINANCIAL STATEIAENTS CRITICAL ACCoUNTG EsnMATES AND AREAS OF JUDGMENT (CONTINUED D•pr•d•tlon Based on tho USefi 80)JKKnk out in thfr ac¢crtmllr¥J polkl88. Th8se estimates are ths bèst éstlmate based on past oxpwl9 aThJ eXFded pwloThrn¢e and are regul•rty reviVd to ansure Ihoy remain appryiato. INCOME FROM DONATIONS AND LEGACIES Total funds 2025 £000 funds 2025 funds 2025 £000 funds 2024 £(h)o Member SubscWknr* & Donatknr Legaci8s 1.198 $91 738 1,789 1,572 3,361 2.629 792 TOTAL 2025 2.032 1.329 3,421 TOTAL 2024 1.708 1.713 3.421 In 2025 (knnallons Inthdes a donated asset 01£6(X( (2024- £45k). INCOME FROM CHARITABLE ACTIVrnES Totsl fundi 2025 £000 Total funds 2024 £000 fd$ 2025 £000 funds 2025 £•)00 Grants Fees IVabl9 Leamlig and Crt1 Irmn8 2.592 1592 3,308 19 475 18 327 192 519 TOTAL 2025 2,786 3.131 3.802 TOTPL 2024 322 3.480 3.802 Page 30
E0p910.. 39PBe.l75>4Fco4lS5GOBC4l4FA41 SUFFOLK MLDUFE TRUST (A Conwny Lknlt•d by GuAranto0) P40TES TO THE FINANCIAL STATEMEPUS FOR THE YEAR ENDED 31 IAARCH 2025 INCOIAE FROIA OTHER TRADING ACTMTIES Incom• from fundral*kng •v•nts Ilnvmtrlctsd Reslrfctsd funds funds 2025 202S £ooD Total fund• 2025 £000 Totsl funds 2024 Funthaising Rental kncnm8 11 67 14 78 67 14 TOTAL 2025 11 81 145 TOTAL 2024 139 145 Incom• non charftablg tr•dlnA •thld Unr•stsl¢t•d fundi 2025 £ODO Total funds 2025 £000 Total fvnds 2024 £000 S.W.T Trading - Merchandisi S.W.T Trading- Consul¥Yd 533 391 450 TOTAL 2025 1,015 1.015 924 TOTAL 2024 924 924 7. INVVJTMENT INCOME Total fvnds 2025 £000 fund• 2025 £000 funds 2025 £000 2024 Divldend income 112 112 113 TOTAL 2024 113 113 P•p31
Doun En¥Jp• KJ.. 3B369FBE-17$34FW1S&868BfA14FA41 (A Compw by Guwant•• FOR THE YEAR EPWED 31 MARCH 2025 OThER INCOMING RESOURCES Total funds 2024 £000 37 fund• 2025 funds 2025 £000 (Loss) I Prrfrt on thposal ofassets {9) Inca)me from Insurwth Clalm8 19 19 10 10 37 TOTAL 2024 37 37 EXPENDMJRE ON RAISING FUNDS COSTS OF RAISIIIG VOLVNTARY INCOME Unr••trlet•d R••trfd•d nds ld% 2025 2025 Total fund• 2025 £000 Total funds 2024 Wages and salaries Nalional insurance 161 161 161 16 16 15 Pension costs 12 12 14 212 240 TOTAL 2024 12 Page 32
Dc¢JsW 1>. 3B3fj5F8E.17534FLX15&868BC414FM1 sUFFOLKWILDu TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 EXPENDrruRE ON RAISING FUNDS (CONTINIIED swr TRADING EXPEPISES Totsl fvnds 2025 Totsl fuThJs 2024 £0 Umstrfct•d fvnds 2025 £000 Tradiry expenses Wages and salaries National ITance Ponsion costs 379 $09 36 966 928 TOTAL 2024 928 928 Summary by lund ty Unrtstrlct•d Ro*lrl¢t¢d fund• 2025 £ODD Total 2025 £000 Total 2024 £000 202S ConseThalion Managemént & M&Tht6Mncé of Resgrvos 1.196 749 2.515 131 3,711 880 3,276 EdUtIOn & Ccrfnmunty Prcixts Membership IT SupFort & malntonwQ 391 392 39 2.374 2.647 5,021 4,624 TOTAL 2024 2.620 4,624 Page 33
Envdowlo: 3B3WBE.175>1FCN155468WA14FM1 (A Compwy Umll•d ty Gu•r*nt••) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 11. ANALYSIS OF EXPENDITURE ON C+IARrrABLE ACTMTIVJ ICONTINUED) surnmary by fund typ• (can11ndI In 2025 Conservatim manageMtt & maIntTh Rer¥$ indudes a eontributb)n of £70.288 (2024 - £64.2Crt)) to the Royal Sooéty crf Wthllrfe Tntsts (RSV) th8 Fgd8rntion's cèntral charity. Thls enablas Rsvrf to act on the CO1Ctive behaw of all rsdividual Vlthjlle Trusts including but not Imited to In respect of GOverrent legislati. i.e. 1ltural BAI. EnVirnI Blll. Marlne Art and provknlon of shared $8r4ices including advertisiry. and Customer RelalK)nslMp M8nag8ment. 11 At4ALYSIS OF EXPENDITURE BY ACTIVI und•rtaken dlr•ctly Support Tolal fvTrd• 202S £000 Tolal funds 2024 2025 £000 cor81Valn manageffnI & Mwnterw of Reserves 258 3,711 3,276 EthJcal•)n & Con¥Nnlty Prqe¢ts 761 119 371 391 392 IT sUprt & Maintenance 50 &021 4,624 TOTAL 2024 4.180 4,624 Page 34
Cwslgn Envdopelo: 383W8E-17s34FLIM15$864l4FA11 (A Lknlt•d by Guarw)t••} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ANALYSIS OF SUPPORT COSTS Support costs 2025 Tot•1 nds 2025 £000 Total funds 2024 £000 2025 £000 IT 8UPPOrt 216 19 159 Gov8mance costs Flnance costs 146 146 414 TOTAL 2024 19 425 13. AUDITORS. REMUNERATION 2025 £000 2024 £ocM) Fees payable to the Trusvs wjjllor for the audbt rAthe Tr¢S annual a0Unts 24 F¢es payable to the Trnsvs resp1 ot. All non-audit serwces rw)t included ab¢)ve 14. STAFF COSTS Group 2025 £000 Group 2024 £0 Tn*t 2025 £000 TTUSI 2024 £000 Waggs and sakwies Soclal security costs ContrftxAion lo defin•d contrbutth pw schémes 2.744 252 2,319 223 2,289 218 241 240 202 3.331 3.236 2.744 2.711 Pag8 35
DouJ8b3n En%kp8 ID.. £.•75>4PcrmI15$6eeOCl4FA41 IA Company Lknlt•d by Guarantm) NOTES TO THE FINANCIAL STATEMEKrs FOR ThE YEAR ENDED 31 MARCH 2025 STAFF COSTS IcopifMJÉDI The averaga cApwscTh enww by the Tt thrkng the was 88 foluws: Group 2024 No. Trust 2025 No. Trust 2024 2025 Char4tabl8 AclMti¢s Cost of 98nerating fLWK Support $ts 61 11 39 14 111 Group Truit 2025 N¢x Trust 2024 No. 2024 No. No. Tolal 67 The numb8r of eThyh)ye8s whrts8 empknyee b8n8ffts (exiaKling employer penslon costs) axce8ded £60.000 was". Group 2025 Group 2024 No. In th8 ba £60.trf11 - £70.( In barKI £70.l- £80.(KKI In the band £80,Ci11- £90.( The key man8ggmgnl personnel (lp) indudes Ihg Trustees and those Members of staff who are sènlor management p8rnonnd to wtK)m the Trustees have delegatad respolbIlity In the day-tIW running ol the charity. The total amunt of rerMnwation (trthding Empkyws NIC and P•ns*)n contribulions) ived by the 7 Membets ofthe KAIP forther SèNiC68 was £380.742 (2024- £362.822). Durfng the year. a tenInatn paYnt amountwig to £3.07S was nonojntractual and was pald to a former gmpbyee. No terrrdnaln paYMts wgre unpaid al ygar gnd {2024- £NIL). TRUSTEEV REMUNERATION AND EXPENSES During the year. no Truste8s re1¥0d 0th8r (2024. £NILI. Durlng the year fknjed 31 klwch 2025. Tr108 expwses have boen Incuried (2024 . £NIL). P4e 36
C*)r It. 38369F8E.175>4FCO-AISM688C414FA41 SUFFOLK WILDUFE TRUST (A Comp•ry Umlt•d by Gu•rnntM) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AIARCH 2025 1& TANGIBLE FIXED ASSErs GROUP Long4erni lowhold Plant and Oth•rllx•d property machln•ry s•¢• £000 £000 £000 Tot•1 £000 CI)ST OR VALUATION At 1 April 2024 Additions Dlsposals 159 {58) Al 31 Math 2025 4.505 541 7J41 DEPRECIATION At 1 pwrll 2024 ch for tho year On thsposals 3,405 365 147) 154 207 14n At 31 2025 515 3,723 NET 800K VALUE At 31 March 2025 3.071 521 26 3,618 At 31 March 2024 3,166 3,835 Page 37
Do11 Envdup•10: 3&E.17S34FcH15S8fjI4FA41 NOTES TO THE RNANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 15. TANGIBLE FIXED ASSEfs ICONTWED TRUST l•as•hold Plant and Olhgr fix•d Total £000 £000 £OOD COST OR VALUATION At 1 Awll 2024 addliions Dispo$als 4.446 1125 7.111 159 1581 At 31 March 202S 4.50S 1166 S41 7,212 DEPRECIATION Al 1 April 2024 Charge fc the year On thspos 1.517 511 3,308 356 154 {47) At 31 March 2025 S15 3,617 NET BOOK VALUE At 31 Marc* 2025 3.071 3,595 At 31 Marth 2024 3.166 3,803 Page 38
KJ: 38369FBE.17534FCikA15&86WA14FA41 SUFFOLK MLDLIFE TRUST (A Company Umlt•d by Guarnnt••) IIOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDEO 31 IAARCH 2025 18. HERtrAGE ASSETS GROLIP ANO TRUST kj r•s•Th•s 2025 £000 Caryiry value at 1 2024 Addition$ 21225 60 21.285 Thwe were no proceeds frryn disposaL% eThl dwryes the t 5 years. Acqulslllon and manag•iii•nl 0¢ TWdlff• r••orv•• Suffolk Wildlrfe Trust manages 52 nalwe reserves extendkng to 7,114 acres. Approx¥nately 5.856 acres are freehold owned and alnN)st 1,258 acres ar818ased on twms rarying from 25 years to 999 years. Tha balarKe managed un(Jer a ety of dfern1 arrarwjemenls, some tractual, some by prlval agreement 1h the landownèr and the refflairKler on Farm 8u8iness Tenancies. The landhokllng encoryassgs the QFte spectrum of kn&¢ovgr typps fwnd in Suffolk ranging from coastal habltats to Wofxllands,. grland and agiicultural land. Over t¥-thI[S of the Landholding 15 desJnated in on8 lonn or anotherfor Its wlkjlfe interesl ththNe a Is trrt0rnty dgslmed. The a¢quisi1x and managemert of natwe reserves is an kntegral part of the Trusvs stralegy to protect Suffolk's wldlrfe. Our nature reserves are Ireety accessibl8 for p8opl8 to 580 wildlrfe amongst Suffolk's flnest habllats a1 landscapgs. The Trust is responsible ftr managing $tsme of the most IdIrfe-rl¢h habitats in Suffolk th81 are also places of grnat natural beauty. Tho Trust will continuo to acquir8 such habitats as well as restoring high qualty habltat on land wlth SUItab w)tentlal. Each acqulslllon opportunity wll be assessed on its merits. Protected designated sites ISSSIS) are of intere8t where there is additional benefft from bging in T1 ownership. Unprolectgd County WihJh'lg Sitgs or other land with thè potential for habltat restoration (* crealknn wil be considered bul such Sites must meet other key Criteria. Page 39
SUFFW( WLDUFE TRUST (A Comwy Llmlted by Guarants•} NOTES TO THE HNANCIAL STATEMENTS FOR YEAR ENDED 31 MARCH 2025 10. HERITAGE ASSETS {CONTINUED) GROUP AND TRUST 2024 2023 £000 2022 PURCHASES Wikllrfe reserves- Wildlrfe reserves- transfws 2,188 2,661 71 163 TOTAL AODITIONS 2.188 2.732 163 DISPOSALS Wildlite TeseNos TOTAL DISPOSALS Page 40
Cl)tsJsrs En¥elow10: 38369F.1T534Fco1$S8684l4FA41 SUFFOLK MLI)UFE TRusr (A c Lhnll•d by Gu•rant••) NOTES TO THE FINANCIAL STATEMENTS FOR TrE YEAR ENDED 31 IAARCH 2025 17. FIXED ASSEf INVESTMENTS PRINCIPAL SUBSIDIARIES The foll(M4ng was a subshjlary uThlertakhYJ ol the Tntst Compw R•glytsr•d ollk• or prlnclpal Prlnclpal actlvlty numb•r pl•u of Iwslnms S.W.T. Tradiry Limited A8hb(Kking. IpsvKh. Suff(ilk. IP6 9JY Sale of goods and pyovision of consultancy sorv Cl9 of Holdlng Included In Ord5nary 1(VA Th& finClaI results of the subsitry for the were: N•m• Net ProftV(Lo$sl I Surplu81 IDefich> for th• y•ar £ S.W.T. Tra(iing Limited 1.IM6.485 1974.3741 22.SM 1& STOCK8 Group 2024 £000 32 Trust 2025 £Doo 10 Trust 2024 £000 11 2025 FlShed goods and goods for res Pag8 41
Docts*n EOPe1. 3B38gFBE.17534FClkAISM8414FA4l SUFFOLK WILDLIFE TrUST (A Company Unthd by Guaranto•) IIOTES TO THE FIMANCIAL sTATENTs FOR THE YEAR ENDED 31 klAR¢H 2025 19. DEBTORS Trust 202S £000 Trust 2024 2024 £000 DUE WITHIN ONE YEAR Trade debtors 142 239 128 1,719 251 Other dobtor8 1.719 319 2,025 956 416 1,035 377 1.035 Grants re[vable 1025 4205 4204 2,784 Induded In 0r debtors are urmllsed legade8 of £1.719,029 {2024- £956.330). Trust had been tiffied of o 18g8cy atthe year erKI with an oslwnatod value of £109k for whkh no accrual h&s b8en mada as the fecognition criteria was not met. 20. CURRENT ASSEf INVESTMENTS Group 2024 £000 1.329 502 Trt 2025 £000 Trust 2024 £000 £(wJo 1.12S 479 Llsled hw88tm8nts Unllsted Mivesknénts 1,329 502 479 1.831 1.604 1,831 Pag8 42
0(Tr Tr. 38369FBB17S34FC(A15S8O414FA4l SUFFOLK WILDUFE TRUST Company Umlted by &wranl•• NufES TO THE FINANCIAL STATEMEt4TS FOR THE YEAR ENDED 31 IAARCH 2025 CREDITORS: Amouiifs FAWNG DUE y1N QNE YEAR GroL 2024 Trust 2024 £000 2025 202S £000 Bank kAn$ Trado u8ditor5 Other tsxation and so01 socuiity ruals and deferred Income 400 101 400 83 86 117 137 758 743 686 Ourng the year, the wior year k)an •rnunlw to £400k was fepall In full. Group 2025 Group 2024 Trust 2025 £OOD Twst 2024 £0 Deferffjd ints)me at 1 April 2024 Resources deferr8d dLwing tha yaar Amounts rgloased from wevtOUS WKxI$ 101 69 (101) 69 57 (69) 516 501 157) 516 $01 57 Defvrred incom& relates to HerW6 lottery fimd granL fees and grazing rent paid in 8dvanc*. Page 43
Dcojwn En¢ ID.. 3838Th.17534FLW4159808BC414FA41 SUFFOLK MLDLIFE TRUST Company Llmlt•d by Guarantao) NOTES TO ThE FINANCIAL STATEIAENTS FOR THE YEAR ENDED 31 MARCH 2025 22. STATEMEpif OF GROUP FUNDS STATEMENT OF FUNI>S- CURRENT YE•Ji Balanc• at G•hxl 31 Mw¢h ILoss•s) 2025 £000 £000 8alanM •t 1 Aprfl 2024 £000 Transf•r• Inl10) £000 £000 £000 UNRESTRICTED FUMDS DESIGNATED FUNDS Designalgd Funds 1WS GENERAL FUNDS Gener81 Funds (1401) 325 {226) 1.788 resgr¥gS d equlwnwrt 107 (148) 98 4057 SM13 13,549) 423 1226} TOTAL UNRESTrICTEO FUPIDS 13,549) 1226 7,005 RESTRICTED FUNDS Bequests & dOnaOn8 Wlite RoseNgs & Equipment Gunlon Warren w0r1KhWn Conservation manageThnt Reserves maintenanco 1150 138} 2.812 20.955 (21S) {19) (1951 107 20,847 205 r476) 1,131 Pag8 44
SUFFOLK MLOLIFE TRUST (A Comp•ny Umll•d by Gu•rants•) NOTES TO THE FIIWICIAL STATEMENTS FOR THE YEAR ENOED 31 IAARCH 2025 STATEMENT Che GROUP F1Th4DS (CONTINUED) STATEIIENT OF GROUP FIINDS- CURRENT YEAR (contlnu•d} Balance at 31 March 2025 Balanc• at 1 Aprfl 2024 Trnnsf•rs Inf{out) £000 Galn ILoss•sI £000 Incom• Exp*Mlllur• £000 £000 EthKation & communty pro115 385 24.356 4.126 650) 25.834 TOTAL OF FUNDS 31M4 7,710 (¢1991 32,839 Pag8 45
ID: E.17s34FcHlSHfjQBrAI4F1 SUFFOLK WILDLIFE TRUST IA Cwy Umlt•d by Guwwt••) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR Et4DED 31 MARCH 2023 STATEMENT OF GROUP FUNDS ICONTINUED) STATEMEKf OF FUNDS. PRIOR VEAR 881ance al Gaknsl 31 March (Losses) 2024 £000 £000 Tran8f8rs knlloull 1 Aprl 2023 £ocK) UNRESTRICTED FUNDS DESIGP4ATEO FUNOS Desigwted Fd$- all 2) 1882) 1.585 GENERAL FUNDS Genernl Funds Wlldlfe reswves and 8qupment 1.391 3242 (3.643) 514 1,508 {131) 4.107 5.199 3,242 (3.774) 5.615 TOTAL UNRESTRICTED FUNDS 7.66T 3.243 (3.TT6) 62 7,198 FUNDS 8equgsts & donations Wikllrfe Ro$•rves & Equipment Gwrton WaThen 1429 (224) {42) 2.150 19.019 1234) (19} (561 2.170 20,955 16 Worlingharn Consofvation managewnt {2.148) 1731) 730 mainten8nc 1.027 (843) (42) pa 46
D$[gn En¥ekp• ID: 3836*Be.175>4FCfyA15&06W414FA41 SIIFFOLK IVILDLIFE TRUST IA C¢xwy LknIt by Guarantw) NOTES TO THE FINANCIAL sfATEMENTS FOR ThE YEAR ENDED 31 MARCH 2025 STATEMENT OF GROUP FUNDS ICONTINUED) STATEMENT OF GROUP FUNDS- PRIOR YEAR (COPrnNUEDD Galn81 31 (Loswl £000 1 Pyd 223 inl{oul) £000 2024 £0 £000 EdUCaOn & communty projgcts 143 21,235 5,199 (1016) (62) 24.356 TOTAL OF FUNDS 28,91y2 (5,792) 31,$54 Pag8 47
slyn ErN4bJpv Kl: 3B369FBE.175>4FcM15O14FA4l SUFFOLK MLOUFE TRUST (A Comp•ry Umlt•d by Guarant••l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR Et40ED 31 MARCH 2025 STATEMEKf OF GROIIP FUNDS (CONTIW) B8qu851s and . Beq1 r6strthd ty Ihe f(Y Spgclllc pwpos•s. ptharity hnd purchoSO and restorthn. Wildlfo Reswves & Equyment- rewesants cwr Wddlle Resthves and EqL)m&nt that are r8striGsd ConBorvatsn managwMnt- Granls & (k)nalknts fLY spth sptti8s prr4aCts (incl1ng d(Ymous8, w vdè. $wrft. hedgehcg) (wrgy Introthth bwc4èc( Cr1( & restoration prolecls. Reser marfen80 . Grants for specti WDPCts on reservos managennt ¢ontract fLY Marshes Ircth Fellxstm dodts. as the re vrds uealed as c<xwsalion for habitst deslroyed. Educatlon & Communty prwts - Grwts & dtThlSons for sp8cific peoFle engagement projects Includfng prclects with t8enag8rs. Wilder Suffolk prlntlng. wc4ects in Ipswth and WoodLthdge. holiday clubs. Worllngham Marshes- Grants & ¢JwolioM forthè wrdbase arKI restcrfalion Ofworlkn8rn Marsh8s. Deslgnat•d Fund• Deshjnated funds represent SP8cik txoi8ds thw• m(Thy 18 to t¢ spent over the next three years, ad by the Tte¢s. The Trustees wlll r18r the fundthg of 079 th819vel of restrictsd lund afard$ and core actlvltles whkh they feel are ol rnwit Ihey lo support kn Ilne with the charities oblecuves. Transfern ilhin ¢Jes*Jnated fimd$ reweswt sp•)t dn0 the yr on these aweed pmjects. G•n•r•l fvnds The Wildlrfe Resarve & Eq furKI wew8sents ow WHdlif• Re8eNas and Equrimgnt that are urrnstllcted assets.
Dorth(w ErNJp810.. 38368F8E.175WCM15U608C414FA41 SUFFOLK LDuFE TRUST (A Compw Umlt•d by Gu•rnftts•) NOTES TO THE FW4ANCIAL STATEkEMTS FOR THE YEAR ENDED 31 MARCH 2025 23. AMALYSIS OF GROUP NET ASSETS BETWEEN FUNDS Total lund• 2025 Total fvnd5 2024 fvnd• funds 2025 Tangible ed assets Heiitage assets Curront assets Credltorn due wlthin crn year 1827 18,017 4534 3,618 21.285 8,763 (82n 3,835 21,225 7.252 (7581 3268 3229 7.005 25,834 32.839 31,554 TOTAL 2024 7.198 24,356 31,554 RECONCIUATION OF NEf MOVEMENT IN FUNDS TO NET CASH FLOW FROIA OPERATING ACTIVrnES Group 2025 £000 Group 2024 £wo Nat Income for the year (as per Slatemert of Financaal fvth4fti9s) 1.285 2,652 ADJUSTMENTS FOR: DepredOn dryes {GainsPloss88 cffj inveslments Dividends. interosts and r8nts from investm Profft on the sth d fuod assets Increase in stocs Dec*easd(iicrease} kn debtws Increase in creditors Donated assots 365 228 12> 1113) 1321 12 1164) 1115) 14SI 19) 11.559) NET CASH PROWDED BY OPERAIIMG ACTMTIES 611 Page 49
Do(w•3Th Ertwjw D.. ?B38&17S34FCAA15SeQOC414FA4l SUFFOLK WILDLIFE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENt)EO 31 MARCH 2025 2& AIIALYS13 OF csH AND CASW EQUIVALEIITS Gvoup 2025 Group 2024 £000 2,743 Cash In hand 22• 1928 2,743 ANALYSIS OF CHANGES DEBT Other non At 1 Aprfl cash At 31 March 2024 Ca•hIl0 ch•n9 2025 £000 Cash 8t bank and kn hKI 2.743 {400) 1,831 185 2,928 Debt dug thIn 1 yfjar L4uid 1vestments 4,174 $32 PEIISION COMMrrMEKrs The Group operatos a defin8d contribution pension schemg. Tho as881& ofthe scheme are hald separately from Ih)se of the Gro) In an de[denty admhlslered fvnd. The pensim ¢ost charge r8pres8nts contrfbLthns payable by the Gr¢M4) lo tho lund and amounted to £241.177 {2024- £239.937). IrtEIIBERS' UABiurY Each member ofthe char•b c(xNw urKl8rtakes k}rnbibUl8 to the assets ofth8 )MpanY in the event of rt being Wnd up lIe helshe is a member, ty *ithin on8 year after helshe ceases to be a member, suth amount as may bè requ0d. not fjXCOgdvw £1 lor thg debts and Ilatilities contraGXed befC helshe Thère were M related paty transadicffbs dwing thg CUOnI ygar nor dwng the prforyear. Where Trustees, or those Conne with thom. purthas8 s8rvThs or memb8rship ffom tho Tn1, thls Is done on the same Page SO
Env•lop•10.. 38W8É.17534FCM15&KOBC414FA41 SUFFOLK WILDLFE TRUST IA Company Lknllod by Gunts•) NOIES TO THE FINANCIAL STATEMENTS FOR THE YEAR E14DED 31 RCH 2025 COMIIITMENTS UNDER OPERATING LEASE8 Al 31 March 2025 the Group had fLtse mknlbNm kne pay1Trts urthr nonncelIatde Iygratlng leases for each ol the following pwiods: 202S 2024 Not later than 1 year 10 10 Lataf than 1 year arKI nol l*r than 5 19 Later than 5 yotrs 17 Ths coeratlng lease payménts aXw8 in the yw £9.993 (2024. £8,254). Pagè 51