2023-03-31-accounts - Avon Wildlife Trust

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Contents
Welcome
Report ofthe Trustees
Our Strategy
Nature's recovery
Empowering people
Nature-based solutions
People taking part		10
About Avon Wildlife Trust (Purpose, Structure and Governance)
Acknowledgements
Financial Review		19
Compliance (including Statement ofTrustees' Responsibilities)		20
Independent auditor's report
Financial Statements
Consolidated statement offinancial activities
Consolidated and charity balance sheets
Consolidated cash flow statements and
reconciliation ofnet move movements	in funds	27
Accounting policies
Notes tothe Financial Statements		30
Professional Advisors

Avon Wildlife Trust Trustee Board	Avon Wildlife Trust Trustee Board	Avon Wildlife Trust Trustee Board	Avon Wildlife Trust Trustee Board	Appointed	this year	Retired this	year
David Relph, Chair	to June 2023
Ped Asgarian
Lara Burch Chair from June 2023				November	2022
Rebecca Burgess
Chris Curling						November	2022
Ross Fairley
Katharine Finn
Dominic Hogg
Kate Leahy
Martin Lyne				November	2022
John Zac Nicholson
Nathan Rutter
Malcolm Shepherd						November	2022
Mark Steer
				Appointed	this year	Retired this	year
Finance LResources Committee
Katharine Finn Chair
Lara Burch				November	2022
Kate Leahy
Martin Lyne				November	2022
Rebecca Burgess
David Relph
Malcolm Shepherd						November	2022
				Appointed	this year	Retired this	year
Governance Committee
Malcolm Shepherd	Chair to November		2022			November	2022
Ross Fairley Chair	from February	2023		February	2023
Dominic Hogg Deputy Chair from		February 2023		February	2023
David Relph
John Zac Nicholson
Nathan Rutter

								General Unrestricted funds	Designated funds	Restricted funds	Totalfunds 2023	Total funds 2022
							Note	E				F
Donations and legacies								949,258	4,195	141,954	1,095,407	1,4&3,637
Charitable activities								523,798		869,301	1,393,099	1,468,480
Other	trading activities
	Folly Farm	Centre		Limited trading				7Q2,614			702,614	555,374
	Fundraising	including			local groups			30,269			30,269	5,785
Other	income							61,021			61,021	8,164
Total								2,266,960	4 195	1,011,255	3,282,410	3,521,440
Raising funds
	Folly Farm	Centre		Limited trading			5	620,257			620,257	445,594
	General fundraising						5	651,9Q9			651,909	453,5S4
Charitable activities							5&16	1,Q&1,815	124,084	1,200,449	2,406,348	1,920,718
Total							5	2,353,981	124,084	1,200,449	3,678,514	2,819,906
Net	Income / (expenditure)							(87,021)	(119,889)	(189,194)	(396,104)	701,534
Transfers between		funds						(6,411)	3,000	3,411
	- -
~	~ e	~	~
Net contributionfincrease			in	investment		value
attributable to
	Bristol	Natural		History Consortium
Net	movement	in funds						(S3,432)	(116,889)	(1&5,783)	(396,104)	701,534
	~	~
Total	funds brought	forward						715,323	2,473,305	6,149,777	S,338,405	8,636,871
Total funds carried			forward				17	621,891	2,356,416	5,963,994	8,942,301	9,338,405

Consolidated and charity	balance	sheets
		Group 2023	Group	Charity 2023	Charity 2022
					F
Tangible assets	8	174,923	183,391	33,?07	40,915
Heritage assets	9	6,346,728	6,442,862	6,346,728	6,442,862
investments	11			1	1
Total fixed assets		6,521,651	6,626,253	6,380,436	6,483,778
Stocks		4,?52	4,825
Debtors	12	705,834	1,054,336	642,186	1,002,675
Cash at bank and in hand		2,629,515	2,387,542	2,270,196	2,105,536
Total current assets		3,340,101	3,446,703	2,912,382	3,108,211
Creditors:
Amounts falling due within one year	14	91S,451	700,384	535,741	398,771
Net current assets		2,420,650	2,746,319	2,376,641	2,709,440
Debtors:
Amounts falling due after one year	13			30,398	48,582
Creditors:
Amounts falling due after one year	15		34,167
Total net assets		8,942,301	9,338,405	8,787,4?5	9,241,800
Unrestricted funds —designated	17&18	2,356,416	2,473,305	2,356,416	2,4?3,305
Unrestricted funds —general	17	621,891	715,323	467,064	618,717
Unrestricted funds —investments
		2,978,307	3,188,628	2,823,481	3,092,023
Restricted funds		5,963,994	6,149,777	5,963,9S4	6,149,777
Total funds	17	8,942,301	9,338,405	8„787,475	9,241,800

Consolidated cash flow statement	Consolidated cash flow statement	Consolidated cash flow statement
for the year ended 31 INarch 2023				Group			Group
			2023	2023		2022	2022
		Note
Net cash provided by (used in) operating
activities				284434			1 365 107
Purchase ofproperty, plant and equipment
Fixed assets			{31,294)			(53,690)
Heritage assets
Net cash provided by (used in) investing
activities				31	294		53,690
Proceeds from disposal offixed assets Bounce Back Loan —Folly Farm Net cash provided by (used in) financing activities			33,000 ~44, 787	11,167		0 ~5,833	~5833
Increase / (decrease) in cash and cash
equivalents during the year				241,973			1,305,584
Cash and cash equivalents at the beginning	of
the reporting period				2,387,542			1,081,958
Cash and cash equivalents at the end ofthe
reporting period				2,629,515			2,387,542
Reconciliation ofnet movement		in	funds to operating			cash flow
for the year ended 31 March 2023					2023		2022
Adjustments for:
Depreciation charges —Fixed assets					39,762		39,362
(Profit) / loss on disposal offixed assets					{33,000)
Depreciation charges —Heritage assets					96,134		104,324
(increase) / decrease in stocks						73	(1,067)
(Increase) / decrease in debtors					348,502		371,420
Increase / (decrease) in creditors					229,067		149,534
Increase / (decrease) in provisions
(Increase} / decrease in investments

for the year ended	31	Iiarch	Iiarch	2022	General Unrestricted Funds	Designated funds	Restricted funds	Total funds 2022
Donations and legacies					1,344,625		139,012	1,483,637
Charitable activities					699,521		768,959	1,468,480
Other trading activities
Folly Farm Centre		Limited trading			555,374			555,374
Fundraising including			local groups		5,785			5,785
Other income					3,464	4,700		8,164
Total					2,608,769	4,700	907,971	3,521,440
Raising funds
Folly Farm Centre		Limited trading			445,594			445,594
General fundraising					453,594			453,594
Charitable activities					1,158,694	88,632	673,392	1,S20,718
Total					2,057,882	88,632	673,392	2,819,906
Net Income I(expenditure)					550,887	(83,932)	234,579	701,534
Transfers between funds					(467,630}	467,630
~ - -
~ ~ ~	~
Net contribution/increase	in	investment		value
attributable to
Bristol Natural	History Consortium
Net movement in funds					83,257	383,698	234,5?9	701,534
0 ~ ~
Total funds brought forward					632,066	2,089,60'7	5,915,198	8,636,871
Total funds carried forward					715,323	2„473,305	6,14S,777	9,338,405

~ ~ .	~
				Unrestricted	Designated	Restricted	Total funds	Total funds
				funds	funds	funds	2023	2022
Membership		income		827,436			827,436	786,440
Donations	&	Donations	in kind	38,424		135,814	174,238	17?,444
Appeals				2,902	4,195	6,140	13,237	29,122
Legacies				80,496			80,496	490,631
Total				949,258	4,195	141,954	1,095,407	1,483,637

					Unrestricted	Designated	Restricted	Total funds	Total funds
					Funds	funds	funds	2023	2022
Delivery programmes
Management of	nature reserves				187,740		40,806	228,546	285,652
Biodiversity projects							4,6?3	4,673	23,483
Living Landscapes			programme				23,500	23,500	74,781
Nature Based Solutions							388,805	388,805	250,000
My Wild City							138,599	138,599	106,191
Local Partnership		working			87,685		60,000	147,685	122,944
Learning					93,969			93,969	66,406
Communities —Our			Environment	Our
Future									151,4?7
Other community		projects			31,372		105,304	136,676	106,552
My Wild Child							46,000	46,000	72,000
Wellbeing through		Nature							25,673
North Somerset Champions	Rewilding						61,614	61,614
Grow Wilder project					118,032			118,032	152,609
Carbon offsetting									10,000
Other support					5,000			5,000	20,712
Total					523,798		869,301	1,393099	1,468,480

4	0
			Unrestricted	Designated	Restricted	Total funds	Total funds
			Funds	funds	funds	2023	2022
					E
Other	income including	interest received	28,021			28,021	8,164
Profit	on disposal offixed assets		33,000			33,000
Total			61,021			61,021	8,164

			Folly Farm	Raising
		Centre Limited		funds—	Charitable	Support and	Total funds	Total funds
			trading F	General F	activities	Governance F	2023	2022f
Staff costs (Note 7)			205,802	311,354	1,193,842		1,710,998	1,319,980
Conservation 8 Nature		Reserves			864,299		864,299	560,064
Fundraising, advertising publications		and	5,992	283,479	3,937	242	293,650	262,321
Folly Farm Centre development					75,352		75,352	75,352
Depreciation			23,588		24,254	12,705	60,547	68,331
Legal and professional		fees	5,Q80		3,547	20,087	28,714	25,741
Partnership working						42,530	42,530	74,?85
Premises costs			102,185			68,040	170,346	89,883
Catering, Conference Costs	8	Activity	148,251				148,251	111,508
Office and administration			129,359	26,429	26,463	97,810	280,062	231,941
Governance						3,765	3,765
Subtotal			620,257	621,262	2,191,816	245,179	3,678,514	2,819,9Q6
Reallocate Support and Governance				30,647	214,532	(245,179)
Total			620,257	651,909	2,406,348		3,678,514	2,819,906
Total resources are stated after charging:							Total funds 2023	Total funds 2022
Auditors' remuneration
—Audit							13,989	13,250
—Other services including			tax advisory				2,126	2,155
Depreciation —tangible		and heritage	assets				135,899	143,686

Profit and loss account	2023	2022
for the year ended 31 March 2023		F
Turnover	739,829	564,570
Cost ofsales	(287,057)	(214,449)
Gross profit	452,772	350,121
Overheads and administration	(392,508)	(281,826)
Other operating income		18,133
Operating (loss}/profit	80,264	86,428
Interest received	432	20
Interest payable and similar charges	(2,473)	(1,092)
(Loss)/profit before taxation	58,223	85,356
Tax on profit
(Loss)/profit for the year	58,223	85,356
Balance sheet	2023	2022
at 31 March 2023
Fixed assets	141,192	142,454
Net current assets/(liabilities)	13,315	36,583
Total assets less current liabilities	154,507	179,037
Creditors falling due after more than one year		(82,753)
Total	154,507	96,284
Capital and reserves
Called-up equity share capital
Profit and loss account	154,506	96,283
Total	154,507	96,284

			2023	2022
Group
Wages and	salaries		1,353,662	1,083,133
Employers'	national	insurance	120,987	79,680
Pension costs			57,822	47,581
Other staff	costs		178,527	109,586
			1,710,998	1,319,980

	2023	2022
Oelivery programmes	23.4	17.7
Support staff		8.0
Folly Farm Centre Ltd		2.7
Total	33.1	28.4

			Office
	Office improvements	Freehold improvements	equipment 8 machinery	Motor vehicles	Computers	Total
Group
Cost
At 1 April 2022	5,940	162,800	86,819	98,519	71,535	425,613
Additions		7,850	18,053		5,391	31,294
Disposals				(50,097)		(50,097)
At 31 March 2023	5,940	170,650	104,872	48,422	76,926	406,810
Depreciation
At 1 April 2022	5,940	36,583	70,179	69,838	59,705	242,245
Charge for year		16,476	7,516	9,684	6,087	39,763
Disposals				(50,097)		(50,097)
At 31 March 2023	5,940	53,059	77,695	29,425	65,792	231,911
Net book value
At 31 March 2023		117,591	27,177	18,997	11,134	1T4,899
At 31 March 2022			16,640	28,681	11,830	183,368
Charity
Cost
At 1 April 2022	5,940		12,474	98,519	71,535	188,468
Additions			3,576		5,391	8,967
Disposals				(50,097)		(50,097)
At 31 March 2023	5,940		16,050	48,422	76,926	147,338
Depreciation
At 1 April 2022	5,940		12,070	69,838	59,705	147,553
Charge for year			404	9,684	6,087	16,1T5
Disposals				(50,097)		(50,097)
At 31 March 2023	5,940		12,474	29,425	65,792	113,631
Net book value
At 31 March 2023			3,576	18,997	11,134	33,707
At 31 March 2022			404	28,681	11,830	40,915

		Improvements	Folly Farm
	Nature reserves	to nature	development	Total
		reserves
Cost
At 1 April 2022	3,477,391	680,763	3,859,606	8,017,760
Additions
Disposals
At 31 March 2023	3,477,391	680,763	3,859,606	8,017,760
Depreciation
At 1 April 2022	52,296	382,201	1,140,401	1,574,898
Charge for the year	6,537	14,417	75,180	96,134
Disposals
At 31 March 2023	58,833	396,618	1,215,581	1,671,032
Net book value
At 31 March 2023	3,418,558	284,145	2,644,025	6,346,728
At 31 March 2022	3,425,095	298,562	2,719,205	6,442,862

				2023	2022
Net	Fixed Asset Movements	in restricted	funds	(92,717)	(109,919)
Net	Current Asset Movements	in restricted funds		(93,066)	344,498
Net	Incoming l (Outgoing) Resources		—Restricted funds	(185,7&3)	234,5T9

uring th 022). s-	e	period, Avon Wildlife Trust contribu	ted P5,000as a membe	rship subscriptio	n to BHNC (E	5,000 in
	~	~
			Group	Group	Charity	Charity
			2023	2022	2023	2022
Grants and		fees receivable	285,11T	223,952	2&5,117	223,962
Prepayments			80,163	25,432	60,686	12,535
Other debtors			340,554	804,942	278,200	747,995
Loan to	Folly Farm Centre Limited				18,183	18,183
			705,834	1,054,336	642,186	1,002,675
~
	~	~
			Group	Group	Charity	Charity
			2023	2022	2023	2022
				F
Loan to	FoIly Farm Centre Limited				30,398	48,582

~	~
			Group	Group	Charity	Charity
			2023	2022	2023	2022
						F
Trade creditors			211,467	1?8,764	170,140	131,204
Other creditors and accruals			684,831	508,828	359,800	244,821
Taxation and	national	insurance	23,153	12,791	5,798	22,747
			919,451	700,383	535,738	398,7?2

		Group	Group	Charity	Charity
		2023	2022	2023	2022
Bank	loan		34,167

Group and Charity			1 Apr	Incoming	Resources		31 Mar
			2022	Resources	Expended	Transfers	2023
Revenuefunds
Blines ILiving Landscapes			52,796	23,500	(34,757)		41,539
Folly Wellbeing Garden			1,359				1,359
Grow Wilder Project			12,971				12,971
Avon Gorge Project			10,000				10,000
Bennett's Patch and White's Paddock			21,117				21,117
Justin Smith Endowment		Fund	4,471		(2,969)		1,502
North Somerset Levels and Moors			11,386	15,000	(21,132)		5,254
My Wild City				138,632	(128,788)		9,844
My Wild Child			99,514	46,005	(92,275)		53,244
Wellbeing through Nature			3,330				3,330
Newbridge Slopes			15,000				15,000
BACM Truck depreciation		fund	12,350		(2,600)		9,750
Wild Paths			40	8,358	(8,112)	(286)
Feed Bristol depreciation		fund	3,463		(2,253)		1,210
Says Court			1,155	640			1,795
Ford Galaxy depreciation		fund	3,339		(3,081)		258
Uphill 8 Walborough			33,401		(23,411)		9,990
Save our Badgers			12,513	135	(2,941)		9,707
Fursman —to support	Bristol work		23,912				23,912
Learning —IMAYLA			8,000		(8,000)
Nailsea Wetlands			21,666				21,666
Puxton			45,033		(19,534)		25,499
Bathurst Basin Research			495				495
GW Delivery Hub			9,094		(9,175)
Carbon Offsetting			20,000		(5,880)		14,120
Hutton Wood			11,000				11,000
Wellbeing 2			12,40'7	24,882	(40,905)	3,616
Lend Purchase			125,000				125,000
Bristol Avon Catchment	Market		133,202	499,273	(580,513)		51,962
Clifton Garden Society			4,000		(750)		3,250
Legacy J Allan —'Elderly'			10,000				10,000
Beaver Project Fundraising			16,827	20	(8,689)		8,158
GW Engagement Hub			36,973	16,293	{793)		52,4?3
Team Wilder				5	(5)
Green Social Prescribing				60,000			60,000
Ecologist in Residence				35,000	{10,734)		24,266
Wildlife Champions				10,521	(10,027)		494
Goblin Combe Tree Project				40,806			40,806
Next Door Nature				25,898	(25,898)
North Somerset Rewilding		Champions		61,614	(61,614)
WECA Pollinator 1				4,673	(4,673)

Appeal funds
Summer 15Appeal				1,262				1,262
Property improvement		funds
Folly Farm sewage	treatment			6,264		(232)		6,032
Folly Farm				21,933		(663)		21,270
Folly Farm Access	Trail			10,487		(728)		9,759
Willsbridge —landfill				324		(12)		312
Willsbridge				12,447		(427)		12,020
Clapton Moor (50Years)				32,106		(946)		31,160
Weston Moor				6,334		(226)		6,108
Walbo rough				3,757		{139)		3,618
Goblin Combe (50	Years)			4,012		(118)		3,894
Weston Big Wood	(50Years)			10„389		{307)		10,082
Puxton Moor				54,134		(1,600)		52,534
Nature Reserves Fund				13,706		(511)		13,195
HLF Conservation	Fund			28,540		(1,001)		27,539
Conservation —reserves		fund		16,217		(553)		15,664
Foily Farm Centre	development			2,481,442		(73,729)		2,407,713
Folly Farm volunteer training			base	67,093		(1,451)		65,642
Freehold land and	building		funds
Hellenge Hill				86,050				86,050
Puxton Moor				361,529				361,529
Walborough				55,000				55,000
Clapton Moor				185,144				185,144
Weston Moor				333,758				333,75&
Tickenham Hill				28,000				28,000
Weston Big Wood				123,572				123,572
Burledge Hill				48,233				48,233
Purn Hill				25,816				25,816
Tickenham Ridge				50,000				50,000
Prior's Wood				238„855				238,855
Folly Farm				332,814				332,814
Brown's Folly				30,000				30,000
Hutton Hill				425,000				425,000
Leasehold land and building			funds
Bennett's Patch and White's Paddock				279,745		(8,297)		271,448
Total				6,149,777	1,011,255	1,200,449	3,411	5,963,994

		Tangible Fixed Assets	Other Net Assets	Total
Revenue funds
Blines / Living Landscapes			41,539	41,539
Folly Wellbeing Garden			1,359	1,359
Feed Bristol project			12,971	12,971
Avon Gorge Project			10,000	10,000
Bennett's Patch and White's Paddock			21,117	21,117
Justin Smith Endowment	Fund		1,502	1,502
North Somerset Levels and Moors			5,254	5,254
My Wild City			9,844	9,844
My N/ild Child			53,244	53,244
Wellbeing through Nature			3,330	3,330
Newbridge Slopes			15,000	15,000
BACM Truck depreciation	fund	9,750		9,750
Feed Bristol depreciation	fund	1,210		1,210
Says Court			1,795	1,795
Ford Galaxy depreciation	fund	258		258
Uphill &Walborough			9,990	9,990
Save our Badgers			9,707	9,707
Fursman —to support Bristol work			23,912	23,912
Nailsea Wetlands			21,666	21,666
Puxton			25,499	25,499
Bathurst Basin Research			495	495
Carbon Offsetting			14,120	14,120
Hutton Wood			11,000	11,000
Land Purchase			125,000	125,000
Bristol Avon Catchment	Market		51,962	51,962
Clifton Garden Society			3,250	3,250
Legacy J Allan —'Elderly'			10,000	10,000
Beaver Project Fundraising			8,158	8,158
GW Engagement Hub			52,473	52,473

Summer 15Appeal							1,262	1,282
Notes to the Financial Statements					(continued)
Property improvement	funds
Folly Farm sewage treatment						6,032		6,032
Folly Farm						21,270		21,270
Folly Farm Access Trail						9,759		9,759
Willsbridge —landfill						312		312
Willsbridge						12,020		12,020
Clapton Moor (50Years)						31,160		31,160
Weston Moor						6,108		6,108
Walborough						3,618		3,618
Goblin Combe (50Years)						3,894		3,894
Weston Big Wood (50Years)						10,082		10,082
Puxton Moor						52,534		52,534
Nature Reserves fund						13,195		13,195
HLF Conservation fund						27,539		27,539
Conservation - reserves	fund					15,664		15,664
Folly Farm Centre development						2,581,679	(173,966)	2,407,713
Folly Farm volunteer training		base				65,642		65,642
Freehold land and building		funds
Hellenge Hill						86,050		86,050
Puxton Moor						361,529		361,529
Walborough						55,000		55,000
Clapton Moor						185,144		185,144
Weston Moor						333,758		333,758
Tickenham Hill						28,000		28,000
Weston Big Wood						123,572		123,572
Burledge Hill						48,233		48,233
Purn Hill						25,816		25,816
Tickenham Ridge						50,000		50,000
Prior's Wood						238,855		238,855
Folly Farm						332,814		332,814
Brown's Folly						30,000		30,000
Hutton Hill						425,000		425,000
Leasehold land and building			funds
Bennett's Patch and White's Paddock						271,448		271,488
Total restricted funds						5,466,945	497,049	5,963,994
Unrestricted designated	—land		at Goblin Combe			825,000		825,000
Unrestricted designated	—legacy —Fundamental			LT	Fund		1,153,146	1,153,146
Unrestricted designated	—Ash		Dieback				299,754	299,754
Unrestricted designated	—other		funds				78,516	78,516
Unrestricted designated	funds —Total					825,000	1,531,418	2,356,416
Unrestricted funds —general						229,616	392,275	621,891
Total unrestricted general funds						229,616	392,275	621,891
Total funds						6,521,561	2,420,?40	8,942,301

t	~ I ~
					Group	Group	Charity	Charity
					2023	2022	2023	2022
Strategic opportunities		and development			30,778	35,937	30,778	35,937
Landlord repairs —Folly		Farm			47,738	44,738	47,738	44,738
Ash	Dieback fund				299,754	400,00Q	299,754	400,QOO
Legacy —Fundamental		long-term	fund		1,153,146	1,167,630	1,153146	1,167,630
		Sub-total designated		funds	1,531,416	1,648,305	1,531,416	1,648,305
Land	at Goblin Combe				825,000	825,000	825,000	825,000
	Total designated		funds including	land	2,356,416	2,473,305	2,356,416	2,473,305