| Contents | Page | ||||
|---|---|---|---|---|---|
| Reference | and Administrative | Details | |||
| Trustees' | Report | ||||
| Independent | Examiners' | Report | |||
| Statement | of Financial | Activities | |||
| Balance Sheet | 10 |
| Unrestricted | Unrestricted | Fund | |||||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||
| Note | R | ||||||
| Income from | |||||||
| Donations and |
legacies | 125,000 | |||||
| Investments | 57,054 | 50,324 | |||||
| Other activities | 10,637 | 90,967 | |||||
| Charitable activities |
1,470 | ||||||
| Total Income | 67,691 | 267,?61 | |||||
| Expenditure | |||||||
| Charitable activities |
6 | (191,092) | (169,992) | ||||
| Net gains/(loss) | on investments | 10 | (301,716) | 407,089 | |||
| Net income/(expenditure) | and Net IHovement | in funds | (425,117) | 504,858 | |||
| Reconciliation | ofFunds: | ||||||
| Total funds brought forward | 4,247,687 | 3,742,829 | |||||
| Total Funds carried forward | 3822570 | 424?687 | |||||
| Represented by |
|||||||
| Fixed assets | 1,362,356 | 1,370,095 | |||||
| Investments | 2,409,946 | 2,642,730 | |||||
| Current assets | 92,863 | 323,150 | |||||
| Current liabilities |
(42,595) | (88,288) | |||||
| Total Funds carried forward | 3822570 | 4247 887 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Note | |||||
| Fixed assets | |||||
| Tangible fixed assets investments |
9 10 |
1,362,356 2,409,946 |
1,370,095 2,642,730 |
||
| 3,772,302 | 4,012,825 | ||||
| Current assets | |||||
| Debtors | 44,236 | 27,594 | |||
| Cash at bank | and in | hand | 48,627 | 295,556 | |
| 92,863 | 323,150 | ||||
| Liabilities | |||||
| Creditors - amounts | falling due within one year | 12 | (42,595) | (88,288) | |
| (42,595) | (88,288) | ||||
| Net current, | assets | 50,268 | 234,862 | ||
| Total net assets | 3,822,570 | 4,247,687 | |||
| The funds ofthe Charity Unrestricted funds |
3822 570 | 4247 887 |
| 5. | Income | 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|---|---|
| (a) Donations | and Legacies | ||||||||
| Government | Grants | ||||||||
| Donations | 125,000 | ||||||||
| 125„000 | |||||||||
| (b) Investment | Income | ||||||||
| Dividends | 46,487 | 41,710 | |||||||
| Foreign dividends | 9,811 | 8,607 | |||||||
| Bank interest | ?56 | ? | |||||||
| 57,054 | 50,324 | ||||||||
| (c) Other activities | |||||||||
| Rent | 8,310 | 7,500 | |||||||
| Grazing | |||||||||
| Wayleave | 1,140 | 1,'f40 | |||||||
| Gain on disposal offixed assets | 1,187 | 82,327 | |||||||
| 10637 | 90„967 | ||||||||
| (d) Charitable | activities | ||||||||
| Sale oftimber | and woodland | grants | 1,470 | ||||||
| 1,470 | |||||||||
| 6. | Expenditure | ||||||||
| Activities | Grant | Total | Total | ||||||
| undertaken | Funding | 2023 | 2022 | ||||||
| directly | |||||||||
| Note | |||||||||
| Charitable expenditure |
7 | 164,346 | 164,346 | 151,586 | |||||
| Support ofother | organisations | 8 | |||||||
| Support ofother | charitable | ||||||||
| organisations | 9,030 | 9,030 | 1,930 | ||||||
| Investment management |
costs | 11,351 | 11,351 | 11,180 | |||||
| Governance | |||||||||
| Professional fees | 1,805 | 1,805 | |||||||
| Accountant | |||||||||
| - Independent | examination | 1,050 | 1,050 | 1,000 | |||||
| -Accountancy | 3,510 | 3,510 | 4,296 | ||||||
| 182,062 | 9,030 | 191,092 | 169,992 |
| Analysis ofCharitable | Expenditure | 2023 R |
2022 E |
|
|---|---|---|---|---|
| Employment costs Depreciation Amenity Woodlands Forestry High Heathercombe South Heathercombe |
Maintenance 8 repair costs Fountains Forestry Ltd costs Forestry insurance Repairs and improvements Repairs and maintenance |
78,435 16,300 29,466 23,863 2,517 665 6,517 |
81,025 15,133 16,993 20,218 3,046 6,439 2,896 |
|
| (including Wayside) |
Council tax etc, insurance, | heating | 6,584 | 5,836 |
| 164,346 | 151,586 |
| 9. | Tangible Fixed Assets | |||||||||
| Freehold Land |
Property | Fixtures | Motor | |||||||
| and | buildings | Investments | &fittings | Vehicles | Total | |||||
| R | ||||||||||
| Cost | ||||||||||
| At 5 April 2022 | 1,316,046 | 225,035 | 76,004 | 3S,731 | 1,655,816 | |||||
| Additions | 10,224 | 10,224 | ||||||||
| Disposals | (9,345) | (9,345) | ||||||||
| At 5April 2023 | 1,316,046 | 225,035 | 86,228 | 29,386 | 1,656,695 | |||||
| Depreciation | ||||||||||
| At 5 April 2022 | 108,420 | 74,229 | 71,806 | 31,266 | 285,721 | |||||
| Charge for the year | 6,536 | 4,700 | 1,469 | 3,595 | 16,300 | |||||
| Eliminated on disposals |
(7,682) | (7,682) | ||||||||
| At 5April 2023 | 114,956 | 78,929 | 73,2?5 | 27,179 | 294,339 | |||||
| Net book value | ||||||||||
| At 5April 2023 | 1,201,090 | 146,106 | 12,953 | 2,20? | 1,362,356 | |||||
| At 5 April 2022 | 1,207,626 | 150,806 | 4,198 | 7,465 | 1,370,095 | |||||
| The above are all used | in direct furtherance ofthe Trust's objects |
|||||||||
| 10. | Fixed Asset Investments | 2023 | 2022 | |||||||
| Quoted investments: | ||||||||||
| Market value at 5April 2022 (including | cash) | 2,642,730 | 2,344,855 | |||||||
| Additions | 240,320 | 249,389 | ||||||||
| Oisposals | (196,983) | (275,014) | ||||||||
| Fair value adjustment | (301,716) | 358,226 | ||||||||
| Movement in cash |
25,595 | (34,726) | ||||||||
| Market value at 5April | 2023 (including cash) |
2,409,946 | 2 642T30 | |||||||
| Net cash deposited | for | investments | during the year was f80,000 | (2022:f100,000 | released). | |||||
| Investments in UK (including |
cash) | 1,672,058 | 1,860,453 | |||||||
| Investments outside |
the UK | 737,888 | 782,277 | |||||||
| 2,409,946 | 2,642,730 | |||||||||
| Historical cost at 5April | 2023 (including cash) | 1,697,641 | 1,694,600 |
| Debtors | 2023 | 2022 |
| R | R | |
| VAT | 2,207 | 1,028 |
| Trade Debtors | 15,888 | 1,566 |
| Other Debtors | 26,140 | 25,000 |
| 44,236 | 27,594 |
| Creditors | 2023 | 2022 |
| Trade Creditors | 1,814 | |
| Other Creditors | 36,388 | 84,588 |
| VAT | ||
| Accruals | 4,393 | 3,?00 |
| 42,595 | 88,288 |