##
|||||Page|
|---|---|---|---|---|
|Reference and Administrative||Details ofthe Charity,|its Trustees and Advisers|1-2|
|Chairman's|Statement|||3-4|
|Trustees' Report||||5-15|
|Trustees'
Responsibilities
Statement||||16|
|Independent|Auditors'
Report|on the Financial Statements||17-20|
|Consolidated|Statement of Financial Activities||||
|Consolidated|Balance Sheet|||22|
|Charity Balance Sheet||||23|
|Consolidated|Statement ofCash Flows|||24|
|Notes to the|Financial Statements|||25-49|
|Trustees|||E Bottril (resigned|E Bottril (resigned|4 May 2023)1|4 May 2023)1|4 May 2023)1|4 May 2023)1|
|---|---|---|---|---|---|---|---|---|
||||0 Foster|(appointed|||7 July 2022)2||
||||L Grant1||||||
||||M Greenl||||||
||||P Isherwood
(appointed|||||7 July 2022)1|
||||M Mintram,
Chair1,||2,3,4||||
||||J Parker (resigned|||8|December 2022)||
||||M Smith,|Treasurer2,|||3||
||||STroupe|(appointed|||7 July 2022)2||
||||R Walker4||||||
||||A Woods|(appointed|||7 July 2022)1||
||||V Morriss|(resigned||25 February 2023)|||
||||' Joint Working
Panel||||||
||||~ Finance|and Risk||Panel|||
||||~ Enterprise
Board||||||
||||4 Human|Resources|||||
|Company|registered||||||||
|number|||04965522||||||
|Charity registered|||||||||
|number|||293190||||||
|Registered||office|The Great|Oak Hall|||||
||||Westonbirt,|The National||||Arboretum|
||||Tetbury||||||
||||Gloucestershire||||||
||||GL8 8QS||||||
|Company|secretary||H Turner||||||
|Chief executive officer|||F Willow (resigned||31/07/2022)||||
||||E Griffiths|(appointed|||01/08/2022)||
|Independent||auditors|Bishop Fleming
LLP||||||
||||Chartered|Accountants|||||
||||Statutory Auditors||||||
||||10Temple|Back|||||
||||Bristol||||||
||||BS16FL||||||
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|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|
|||||2022|2022|2022|2021|
||||Note||F|E|E|
|Income from:||||||||
|Donations
and|legacies|||49,664|17,200|66,864|51,321|
|Charitable
activities||||1,423,746||1,423,746|1,376,737|
|Other trading
activities||||448,137||448,137|355,295|
|Investments||||5,595||5,595|357|
|Other income||||39,102||39,102|88,967|
|Total income||||1,966,244|17,200|1,983,444|1,872,677|
|Expenditure
on:||||||||
|Raising funds||||539,432||539,432|414,859|
|Charitable
activities|||8|1,443,273|18,985|1,462,258|1,307,128|
|Total expenditure||||1,982,705|18,985|2,001,690|1,721,987|
|Net movement|in funds|||(16,461)|(1,785)|(18,246)|150,690|
|Reconciliation|offunds:|||||||
|Total funds brought||forward||1,310,013|11„785|1,321,798|1,171,108|
|Net movement|in funds|||(16,461)|(1,785)|(18,246)|150,690|
|Total funds carried||forward||1,293,552|10,000|1,303,552|1,321,798|
##
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##
##
|||Note||2022||2021f|
|---|---|---|---|---|---|---|
|Fixed assets|||||||
|Intangible
assets||12||5,993||7,801|
|Tangible assets||13||32,947||42,253|
|Investments||14||1,000||1,000|
|||||39,940||51,054|
|Current assets|||||||
|Debtors||16|282,655||161,792||
|Cash at bank and|in hand||1,762,381||1,861,585||
||||2,045,036||2,023,377||
|Creditors: amounts|falling due within one||||||
|year||17|(750,437)||(743,282)||
|Net current assets||||1,294,599||1,280,095|
|Total assets less|current liabilities|||1,334,539||1,331,149|
|Creditors: amounts|falling due after more||||||
|than one year||18||(2,638)||(9,351)|
|Total net assets||||1,331,901||1,321,798|
|Charity funds|||||||
|Restricted
funds||19||10,000||11,785|
|Unrestricted
funds||19||1,321,901||1,310,013|
|Total funds||||1,331,901||1,321,798|
|IN A Mintra|IN A Mintra||
|---|---|---|
|Chair|||
|Date:|l 8|7 ZZ|
##
|||||2022|2021|
|---|---|---|---|---|---|
||||||E|
|Cash flows from operating|activities|||||
|Net cash generated
from operating
activities||||(20,337)|269,460|
|Cash flows from investing|activities|||||
|Interest received||||5,595|357|
|Loss/(gain)
on disposal offixed assets||||62|12,572|
|Purchase of intangible
assets|||||(9,042)|
|Purchase offixed assets||||(27,050)|(12,893)|
|Net cash used in investing|activities|||(21,393)|(9,006)|
|Change
in cash and cash|equivalents|in the year||(41,730)|260,454|
|Cash and cash equivalents|at the beginning||of the year|1,899,662|1,639,208|
|Cash and cash equivalents|at the end|of|the year|1,857,932|1,899,662|
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||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|
||funds|funds|funds|funds|
||2022|2022|2022|2021|
|DONATIONS|||||
|Donated facilities|11,250||11,250|11,250|
|Other donations|19,414|17,200|36,614|40,071|
|Legacies|19,000||19,000||
||49,664|17,200|66,864|51,321|
|TOTAL 2021|45,621|5,700|51,321||
##
##
##
||||||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
||||||||funds|funds|funds|
||||||||2022|2022|2021|
||||||||E||E|
||Membership|subscriptions|||||1,423,746|1,423,746|1,376,737|
|4.|INCOME FROM OTHER TRADING|||||ACTIVITIES||||
||Income from fundraising|||events||||||
||||||||Unrestricted|Total|Total|
||||||||funds|funds|funds|
||||||||2022f|2022
E|2021
E|
||Friends ofWestonbirt||Arboretum||Enterprises||440,461|440,461|339,975|
||Letting fees|and commission||relating||to the Great Oak Hall|7,676|7,676|15,320|
||||||||448,137|448,137|355,295|
|5.|INVESTMENT INCOME|||||||||
||||||||Unrestricted|Total|Total|
||||||||funds|funds|funds|
||||||||2022|2022|2021|
||||||||E|F|E|
||Investment|income|||||5,595|5,595|357|
##
##
##
|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2022|2022|2021|
|||E|E|E|
|Government|grants|4,000|4,000|17,900|
|Coronavirus|Job Retention Scheme grant income|||20,452|
|Recharges|from Forestry England|35,102|35,102|50,615|
|||39,102|39,102|88,967|
##
|FUNDRAIS|ING
TRADING EXP|ENSES||||
|---|---|---|---|---|---|
|||||2022|2021|
|Friends of|Westonbirt
Arboretum|Enterprises|Limited|340,185|253,228|
|Purchases|for events|||10,071|5,492|
|The Great|Oak Hall expenses|||669|748|
|Donated
facilities - office space||(50%oftotal)||5,625|5,625|
|Fundraising|staff costs|||75,195|46,512|
|Trading staff costs||||107,687|103,254|
|||||539,432|414,859|
##
##
|||||Activities||||
|---|---|---|---|---|---|---|---|
|||||undertaken|Support|Total|Total|
|||||directly|costs|funds|funds|
|||||2022|2022|2022|2021|
|||||F|F|F|F|
|Charitable||Activities||1,006,142|456,116|1,462,258|1,307,128|
|TOTAL 2021||||846,459|460,669|1,307,128||
|ANALYSIS||OF DIRECT COSTS||||||
||||||Activities|||
||||||undertaken|Total|Total|
||||||directly|funds|funds|
||||||2022|2022|2021|
||||||F|F|F|
|Arboretum||access rights|||728,439|728,439|637,252|
|Grant expenditure|||||159,023|159,023|110,233|
|Membership||activities|||66,238|66,238|37,371|
|Westonbirt||magazine|costs||46,817|46,817|55,978|
|Donated|facilities - office space (50%oftotal)||||5,625|5,625|5,625|
||||||1,006,142|1,006,142|846,459|
##
|||||||Supporting|Total|Total|
|---|---|---|---|---|---|---|---|---|
|||||||Activities|funds|funds|
|||||||2022|2022|2021|
|||||||||E|
|Staff costs||||||272,643|272,643|267,031|
|Staff costs|-|Project Manager||recharged|to Forestry England|35,102|35„102|36,707|
|Depreciation||||||22,893|22,893|22,497|
|Other staff expenditure||||||3,341|3,341|2,186|
|Staff recruitment|||and development|||21,122|21,122|7,315|
|Governance||||||10,775|10,775|12,844|
|Telephone||||||689|689|1,242|
|Rates||||||941|941|979|
|Utilities||||||5,918|5,918|2,854|
|Insurance||||||9,641|9,641|8,082|
|Printing,
post||and|stationery|||1,141|1,141|523|
|General maintenance||||||2,092|2,092|2,734|
|Information|technology|||||58,714|58,714|55,103|
|Marketing||||||859|859||
|Miscellaneous||expenses||||3,504|3,504|17,876|
|Bank charges||||||1,359|1,359|158|
|Accounting|services|||||5,444|5,444|2,668|
|Sundry expenses||||||||299|
|Redundancy||costs||||||7,000|
|Loss on disposal|||ofsoftware|||||12,571|
|(Profit)/loss|on disposal offixed assets|||||(62)|(62)||
|||||||456,116|456,116|460,669|
##
##
|STAFF CO|STS|||||||
|---|---|---|---|---|---|---|---|
|||||Group|Group|Company|Company|
|||||2022|2021|2022|2021|
|||||F|E||F|
|Wages and|salaries|||443,664|410,939|348,832|323,511|
|Social security costs||||28,802|29,408|23,877|25,556|
|Contribution|to defined|contribution|pension|||||
|schemes||||39,039|33,827|31,109|28,580|
|||||511,505|474,174|403,818|377,647|
##
|Group|Group|Company|Company|
|---|---|---|---|
|2022|2021|2022|2021|
|||F||
|25|23|14||
##
##
##
##
##
||Computer|||
|---|---|---|---|
||softwaref|Goodwill
F|Total|
|COST||||
|At 1 January 2022|9,042|9,567|18,609|
|At 31 December 2022|9,042|9,567|18,609|
|AMORTISATION||||
|At 1 January 2022|1,241|3,667|4,908|
|Charge for the year|1,808|1,914|3,722|
|At 31 December 2022|3,049|5,581|8,630|
|NET BOOK YALUE||||
|At 31 December 2022|5,993|3,986|9,979|
|At 31 December 2021|7,801|5,900|13,701|
##
|12.|INTANGIBLE ASSETS (CONTINUED)||
|---|---|---|
||COMPANY||
|||Computer|
|||software|
|||E|
||COST||
||At 1 January 2022|9,042|
||At 31 December 2022|9,042|
||AMORTISATION||
||At 1 January 2022|1,241|
||Charge for the year|1,808|
||At 31 December 2022|3,049|
||NET BOOK VALUE||
||At 31 December 2022|5,993|
||At 31 December 2021|7,801|
##
##
##
||Leasehold|Fixtures and|||
|---|---|---|---|---|
||improvements|fittings|ITassets|Total|
|||E|F|E|
|COST OR VALUATION|||||
|At 1 January 2022|33,518|53,346|114,925|201,789|
|Additions||13,009|14,041|27,050|
|Disposals||(19,682)|(41,164)|(60,846)|
|At 31 December 2022|33,518|46,673|87,802|167,993|
|DEPRECIATION|||||
|At 1 January 2022|21,555|49,828|84,456|155,839|
|Charge for the year|1,676|2,865|20,234|24,775|
|On disposals||(19,682)|(41,102)|(60,784)|
|At 31 December 2022|23,231|33,011|63,588|119,830|
|NET BOOK VALUE|||||
|At 31 December 2022|10,287|13,662|24,214|48,163|
|At 31 December 2021|11,963|3,518|30,469|45,950|
##
##
||Leasehold|Fixtures and|Computer||
|---|---|---|---|---|
||improvements|fittings|equipment|Total|
||E|E|F|E|
|COST OR VALUATION|||||
|At 1 January 2022|33,518|30,280|113,485|177,283|
|Additions|||11,841|11,841|
|Disposals||(19,682)|(41,164)|(60,846)|
|At 31 December 2022|33,518|10,598|84,162|'I28,278|
|DEPRECIATION|||||
|At 1 January 2022|21,555|29,939|83,536|135,030|
|Charge for the year|1,676|205|19,204|21,085|
|On disposals||(19,682)|(41,102)|(60,784)|
|At 31 December 2022|23,231|10,462|61,638|95,331|
|NET BOOK VALUE|||||
|At 31 December 2022|10,287|136|22,524|32,947|
|At 31 December 2021|11,963|341|29,949|42,253|
##
##
##
||Investments|
|---|---|
||in|
||subsidiary|
||companies|
|CHARITY|F|
|COST OR VALUATION||
|Additions|1,000|
|AT 31 DECEMBER 2022|1,000|
|NET BOOK VALUE||
|AT 31 DECEMBER 2022|1,000|
##
##
##
|Name||Company|Registered|office or principal|office or principal|office or principal|Principal|Principal|activity|
|---|---|---|---|---|---|---|---|---|---|
|||number|place ofbusiness|||||||
|Friends of|Westonbirt|12410907|The Great Oak||Hall, Westonbirt,||Retail|sale of new||
|Arboretum|Enterprises|Limited|The National|Arboretum,||Tetbury,|goods|in on site shop||
||||Gloucestershire,||United|Kingdom,||||
||||GL8 8QS|||||||
|Class of|Holding|Included
in||||||||
|shares||consolidation||||||||
|Ordinary|100'io Yes|||||||||
|Name|||Income
E|Expenditure|f|Profit/(Loss)
for the year|Net
liabilities|
|---|---|---|---|---|---|---|---|
|||||||F||
|Friends of|Westonbirt|Arboretum|444,461|(472,810)||(28,349)|(28,349)|
|Enterprises|Limited|||||||
##
##
##
||||||Group|Group|
|---|---|---|---|---|---|---|
||||||2022f|2021f|
|Finished|goods and goods for resale||||55,800|51,603|
|DEBTORS|||||||
||||Group|Group|Company|Company|
||||2022f|2021
f|2022
f|2021
f|
|DUE AFTER||MORE THAN ONE YEAR|||||
|Amounts|owed by group undertakings||||160,484|56,798|
||||||160,484|56,798|
|DUE WITHIN||ONE YEAR|||||
|Trade debtors|||5,260|1,039|5,260|1,039|
|Amounts|owed by group undertakings||||7,430|8,360|
|Prepayments||and accrued income|114,220|98,105|109,481|95,595|
||||119,480|99,144|282,655|161,792|
##
##
##
|||||||Group|Group|Company|Company|
|---|---|---|---|---|---|---|---|---|---|
|||||||2022f|2021f|2022
f.|2021f|
|Trade creditors||||||65,862|28,032|54,133|13,684|
|Other taxation and|||social security|||41,533|48,556|29,636|38,308|
|Other creditors||||||1,170||||
|Accruals|and deferred|||income||676,599|702,323|666,668|691,290|
|||||||785,164|778,911|750,437|743,282|
|||||||Group|Group|Company|Company|
|||||||2022
f.|2021f|2022f|2021
E|
|Deferred|income at||1 January|||642,901|539,874|642,901|539,874|
|Resources deferred|||during the year|||622,788|642,901|622,788|642,901|
|Amounts|released|from previous|||periods|(642,901)|(539,874)|(642,901)|(539,874)|
|||||||622,788|642,901|622,788|642,901|
##
##
|||Group|Group|Company|Company|
|---|---|---|---|---|---|
|||2022f|2021|2022
f|2021
f.|
|Deferred|income|2,638|9,351|2,638|9,351|
##
||||||||Balance at|
|---|---|---|---|---|---|---|---|
||||Balance at 1||||31|
||||January|||Transfers|December|
||||2022f|Income
E|Expenditure|in/out|2022|
|UNRESTRICTED FUNDS||||||||
|DESIGNATED FUNDS||||||||
|Arboretum
Development||Fund|785,804|||(440,829)|344,975|
|Westonbirt
Car Park|Project||47,975||(23,000)||24,975|
|Westonbirt
Signage|Project||3,398||||3,398|
|Coppice Shelter|||37312||(21,571)|9,000|24,741|
|Community
Shelter|||42,096||(14,945)||27,151|
|Quarantine
House|||28,428||(13,267)|(9„000)|6,161|
|Student Arborist
Fund|||||(20,878)|85,878|65,000|
|Small Grants
fund|||||(28,877)|58,877|30,000|
|Global Conservation|Consortia||||(17,500)|17,500||
|PhD Student
UWE||||||25,000|25,000|
|Silkwood Regeneration||||||82,500|82,500|
|Interpretation
Project||||||10,000|10,000|
|Westonbirt
Community||Co-||||||
|ordinator||||||73,000|73,000|
|Westonbirt
Tree Conservation||||||||
|Management||||||180,000|180,000|
|Community
grant giving||fund||||25,000|25,000|
||||945,013||(140,038)|116,926|921,901|
|GENERAL FUNDS||||||||
|General Funds|||365,000|1,521,783|(1,369,857)|(116,926)|400,000|
|FoWA Enterprises||||444,461|(472,810)||(28,349)|
||||365,000|1,966,244|(1,842,667)|(116,926)|371,651|
|TOTAL UNRESTRICTED||||||||
|FUNDS|||1,310,013|1,966,244|(1,982,705)||1,293,552|
##
##
##
|||||||Balance at|
|---|---|---|---|---|---|---|
|||Balance at 1||||31|
|||January|||Transfers|December|
|||2022|Income|Expenditure|in/out|2022|
||||E|E||E|
|RESTRICTED FUNDS|||||||
|Community|Shelter||7,200|(7,200)|||
|Quarantine|House|10,677||(10,677)|||
|Coppice Shelter||1,108||(1,108)|||
|Core Costs|||10,000|||10,000|
|||11,785|17,200|(18,985)||10,000|
|TOTAL OF|FUNDS|1,321,798|1,983,444|(2,001,690)||1,303,552|
##
##
||||||||Balance at|
|---|---|---|---|---|---|---|---|
||||Balance at||||31|
||||1 January|||Transfers|December|
||||2021|Income|Expenditure|in/out|2021|
||||F||E|||
|UNRESTRICTED FUNDS||||||||
|DESIGNATED FUNDS||||||||
|Arboretum|Development|Fund|615,638|||170,166|785,804|
|Quarantine|House||28,428||||28,428|
|Westonbirt|Signage Project|||||||
|Coppice Shelter|||37,312||||37,312|
|Community|Shelter||62,685||(20,589)||42,096|
|Quarantine|House|||||||
|Student Arborist
Fund|||||(20,670)|20,670||
|Westonbirt|Signage Project||3,398||||3,398|
|Westonbirt|Car Park Project||47,975||||47,975|
||||795,436||(41,259)|190,836|945,013|
|GENERAL|FUNDS|||||||
|General Funds|||325,000|1,494,245|(1,264,040)|(190,205)|365,000|
|FoWA Enterprises|||(3,874)|372,732|(368,227)|(631)||
||||321,126|1,866,977|(1,632,267)|(190,836)|365,000|
|TOTAL UNRESTRICTED||||||||
|FUNDS|||1,116,562|1,866,977|(1,673,526)||1,310,013|
|||||||Balance at|
|---|---|---|---|---|---|---|
|||Balance at||||31|
|||1 January|||Transfers|December|
|||2021|Income|Expenditure|in/out|2021|
|||||E||E|
|RESTRICTED FUNDS|||||||
|Community|Shelter|26,909||(26,909)|||
|Quarantine|House|26,529|5,700|(21,552)||10,677|
|Coppice Shelter||1,108||||1,108|
|Core Costs|||||||
|||54,546|5,700|(48,461)||11,785|
|TOTAL OF|FUNDS|1,171,108|1,872,677|(1,721,987)||1,321,798|
##
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##
||||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|
||||||2021f|2021f|2021f|
||Tangible fixed assets||||45,950||45,950|
||intangible
fixed assets||||13,701||13,701|
||Current assets||||2,038,624|11,785|2,050,409|
||Creditors due within|one year|||(778,911)||(778,911)|
||Creditors
due in more than one year||||(9,351)||(9,351)|
||TOTAL||||1,310,013|11,785|1,321,798|
||RECONCILIATION|OF|NET MOVEMENT|IN FUNDS|TO NET CASH FLOW|FROM OPERATING||
|21.|ACTIVITIES|||||||
|||||||Group|Group|
|||||||2022|2021f|
||Net income/expenditure||for the year (as per Statement||of Financial|||
||Activities)|||||(18,246)|150,690|
||ADJUSTMENTS FOR:|||||||
||Depreciation
charges|||||24,775|21,873|
||Amortisation
charges|||||3 722|3,154|
||Interest on investments|||||(5,595)|(357)|
||Increase
in stocks|||||(4,197)|(21,615)|
||Increase
in debtors|||||(20,336)|(27,785)|
||Increase/(decrease)|in creditors||||(460)|143,500|
||NET CASH PROVIDED||BY/(USED IN) OPERATING||ACTIVITIES|(20,337)|269,460|
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|ANALYSIS OF CASH AND CASH EQUIVALENTS|ANALYSIS OF CASH AND CASH EQUIVALENTS|ANALYSIS OF CASH AND CASH EQUIVALENTS||||
|---|---|---|---|---|---|
|||||Group|Group|
|||||2022|2021|
||||||E|
|Cash
in hand||||758,485|903,707|
|Notice deposits (less than 3months)||||1,099,447|995,955|
|TOTAL CASH AND CASH||EQUIVALENTS||1,857,932|1,899,662|
|ANALYSIS OF CHANGES||IN NET DEBT||||
||||At 1||At 31|
||||January||December|
||||2022|Cash flows|2022|
|||||E|F|
||||E|||
|Cash at bank and|in hand||1,899,662|(41,730)|1,857,932|
||||1,899,662|(41,730)|1,857,932|
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