Th¢ Woodland Trust ReKtstsred Company No. 1982873 Regtstered Chariry in En¥Lind No. 294344 Regi%tered Chartry In Scotland No. SC038885 Report and accounts l June 2022-31 May 2023 WOODLAND TRUST
The WoodLind Trust President Trmtees Barbara Barone55 Yowtrg ofold kone (Chr) S 6eThtha Fay Cc KTh8hts {2ppointsd 30je 2023} y Nesbitt {apr1rted 30 2023) David Saddw14pptynr¢d 30June 20231 lth Smhies Ath Thiart (¥wMited 30JunÈ 20231 Chr$1(0$ 15 The tntstees are akn directors and members of the conyny. The Woodbnd Trust VAS knnded 19n by Kenneth Watkin& 08£. Htyyy Ge Hurrei MB and Olfftr GI4e7 Rossetti l¥ a registered charbty. nurrkner&' 294344 and SC038885 and 15 C¢$11ued as a n-profi¢.fi4kM)g comwy Ilmtted ty £uaranteo rwtered nwnber 1982873. 5tered )ffKt Kryton Way. Grlnthm ncOlnshe NG316LL In the W¢)odknd Trust as the Ww¢knd Trust s(. In Wales. the Woodknd Trust cyerate5 as Coed Cuthv. woodLindtrust.or&uk
The Woodland Trust Contents Forewords.............................................................................-......................................................... Ourpurpos¢............................ Our refreshed'stratw w 2030............................................................................................. ........ Tree5 and landscaFes.........................................................................................................................-. Building swort.................... Enabll...................-...-........................................ FundralnI.... Governance............. -13 .26 27 Tht environmentsl irnpxt of hTh¥ we (reate a UK rich woc*Js aThJ trees.......... ..... .. . ......................._. 33 nancydl lw................................................................................................................................ 37 Independent auditor'5 report......................................-....-..-....................-........................................... 42 Con501idated statement of financrdl activw... lance sheers.............................................................. Con5dhlated cash fiow ststenwL......................................................................................................... 47 Notesiotheaccounts.................. Profession ad¥tsers.......................................................................................................................... The Nehe-month aCcotin1 covered ty thr& yearfs Repx kcounts ts I lyne 2022-31 May 2023. woodkfidtru5t.or8.uk
The WoodPdfbd Trust Forewords A message from our Chief Executive Officer: Dr Darren Moorcroft We £debrated the Woodknd Truses 50th bwthday lart year. so it's WLmderlul to be able to report that the 2022. 23 financrdl year saw our support r&Kh unprecethnthd hghts. Despite challeTrpng econornc twnes. we rri5ed a record £82.5 millicffl to fund our vttal work lor naoJr¢ peoF4e and the anet- and for that15 a testamen¢ to the 8rowng relevance and resorwKe d al we do. It albwed us w pbnt more ¢rees than ever before- ju5¢ over six rymlion. We re5wred MOSt 8C(S htttares ol dam4ed antknt wotsdlknd- rhret MeS the rally In the previous year. And we worked with alrn05t &0[j schools community8ro5 to make it happen. More than ever. PeOe see the $ce ol %that we're a(hithinK our natiorthje rl a8wn5¢ the twln thses of nawre deyathtion and dinate ¢FAn Research ON5 U5 the Trust's mission now rescffjates Ymth IS rnilkn Briton4 and we are wothng hard to engage and empower tbEW aydiences In eXcIll new way% So l arn evlY grnrified to see the breadth of sw weve drawn to our cause- from busfjness, from grant-linI bothes and from the publlc at W Last summer we celebrated ptrdThz the last af 250.TrJO trees at wr piorfftring Yo¢Jn8 People's F¢$1 ar Mead in Derby5hire- and its success in turn attracted a new backer In th¢ Mather FarTMty TnoL whKh purthased knd for tss w create blw-ever new wood in Cheshire. Every Trte ai Frodsham Woods will be planted by Sthoolthlld and Voknteer We recruiod new corporate furthrs &ke the A¥iN thkh IC4r a stsbk ollrytanding corForate partners including Salnsbury's and Lloyd5 bankN Group. A¥1 ha5 pledged £10 lnilli ¢)Yer the next five years. in5pryI by the hdisiic benefits that flow Irorn the Trust's sophisticated approach to habirat creatiorL carbon (apw flood rnltigatla b1cthverv. and health arbd welbeir But we ar¢ akn forglng n¢w to rewnd to therwel ofxrassroots kdknxfor natwe restoration. In partTrer5hip th the Wetsh G¢>vernmenL for example. we rolled out tyjr Ixoest ever in.person tree pveavRT. th¢)usand¥ of everyday Trature lover5 flocked to hub5 up and down we5 to cdlert a free sapling for thr garden. It's ol ryjr determit)ation to gwe everyone a stske In the futye ol ¢xJr ¥irOnL to help them do their btL Mean%%tHI4 we ciit the rbbon on our fantsstic new sIr centre at Hainau on the doorstep ol East Lon&sTh. Fify L4rww are spoken a sttsne's throw of our medwal forest there. and like so much of v4hat we ach. that project 15 the cukninaiion of years of elforr by dedtcated Trust volunteer5. ¢JJr wda-xryv¥ work on tree equity. begun In 2023. WAI buld on thls. ertsurlng that the myrlad benefits oftrees are lek by the natyJre-deprNd Con¥nre% TknKh mo# ne2d thwL I've spent a lot of time 2023 to Yn% people- as you'll read in thi5 rq)¢X our Youth Reimag4ned prozrammels nbedding thelr l(kn In eVerythg do. lkn lound thwr passiw for our planet and its bl0dfvelY endlessty insplrfnK, and a5 the nheriiors of our natural the demnd for a resPe is u¥8ent and unequivocaL l am heartened bythe strides the Woodland Trust has rnadt over the last yÈr. and by the way indNMkn15. commuTriiies and businesses are stepplng up to he*. P4Jt we must keep pressw¢ our pol¢k4ns to matrh thew rhetorK wlth ddhtry. and answer the call. Dr Darren M¢Jortr¢)ft Chlef Execuiive Officer woodlanthnJst.org.uk
The Woodbnd Trust A message from our Chair, Barbara, Baroness Young of Old Scone I lts¥ed looking back acrw 2022-23 ifi the pages of this reporL its been antsther posNve ahd r for the Wotsdhnd TrusL But the comlAg decade will be pl¥otsl in reNrsin¥ the daw that nawre and the clwmte are suffwin£ now- so we enor <yJr second h1-ceWry. we are detemilned to be even more arnbjw Lasr wtsjmn we refreshed the Trust's strateu. setting targets to Ft tens of millions more trees r¢n% by 2030. and 60% of the naiiw's degraded anden¢ woodLand on the road to health. The Trust has afway5 been much more than * tree-plantlng chr6ry. and tht rtaffirrns the three kty planks of our rrisslon- to create woodland. bu¢ a150 w protect and restore the life.1.n¥ wooded habirats the UK alreaty hs. particul¥ty ancyènt wood5 and anclen¢ Ir veteran tre Olcourse. we do 15 akn fundamen w ccAnbatdng cMIte change and restott8 odwersrty. Two year5 ago ¢yJr seminal report on the Stote of the UKS Woods tmd Trees revethd that onty 7% of ThaVe woodknnd In thls couMry15 good ecologi health. and in 2022 our advocacy hdped scure a Government ccrfnmitrnent to inpr¢)Vt the 0ndion 01 rn05t of ir. The Tru5L as it FA5 ahvays don< k% shtyinz how thi5 can be athkved. In the pages that follow, yov'll read about our tmork at bea1 Mourne Park where we are re%tscitatiTrg the est survfving ancient 01k00d In Ntjrrhem Irend-thIch we openÈd up to tht publ hst August for the firx ¢irne in 5C¥) years. And at Loch Arkwg Jlne ForesL in the HIghThd3. we've [ne hands %lth the local community to remave btsath& of nonwnatwe Sld(a spruce. revIn¥ terr11 for8olderb e4les pthe mvtens azure hawktr drwfllÈs. Thls year we are (ollowlng up our dtsssfjer Jn tht STa of woods and Tr¢¢$ by pubkshiAg dÈtald bluw)rinfS for nature recovery in each of the IJr UK countrie& out vty rrees and woods must be the cornerst¢)nES of our IuDJre gcOSy5w. M¢ than evw. we are at landscape scale to demons how thls can be ¢S)ne- Ilke at Snatzehokne In the Yorkshlre Dale5, where we not onty pknted 88. trees 5prin& but ld the zrounoknrk for restoring hundred5 of hectares of peatbo& limestone pvernland rNerride rneadryw. What'5 mor¢. we have underpinned this great work by Invesrlng In sclence- p¥merlng ¥Ylth dIThE urtNersitl¢s w 8athY eYidetKe +)n the de-ran1 beneffts It wlll dEINer. not lust for wildlrfe, blrtfor soctety •s a On woodland protection. we have bEeTh kny too. Our 1138ship LMn8 L¢SdI carnpaw. launched in 202115 a rousiTrg cry for Iron-c]ad W ProtecOn for Brkaln's IrrepLqceabbe ancknt woods and It scored an earty su¢tess with the S¢4)tttsb Government'5 commitment that these uLvwn jewe dfyjr nabjral world wjll Tro k)ryr be hlkd or dlmaged for de¥eloprnenL Mlnlsters expllotly name-che(ked the Tru5¢'s I it Sho the infiuence we can wleld thanks to the bac1 of our SC¢).OCQ byal supporters the UL Now we mu5¢ see the other three UK countries follow su This coming year will be my last as Chwr of the Woodknd TrusL $0 our Youth RLymayned programme, laurKhed last auwrnn with backing the Pears FoundatMY4 ha5 given me particular easUr< We've recruitsd a UK-wlde youth oun¢i( appolnted a ntw trustte undtr tht y of 3Q and knvtsrtd the Mmers of our Ilting InrvatiOTh chIe%& who are bringing novel ide35 to advance woodland con5ervafion and address the dTects of cfwnate change. We aim to offer the next genera0 a foot on the ladder and a voke ln the deb and Ive been Inyressed hugely by the freshness gf thlnklng they are ajreaty brin8iTrg to ourwwk their drr¥e and wna8iTrat)n behind l am confhlentthe future of our ouse Is In good hands. Barbar4 Barone55 Young ofold kone Chair Woodnd(rust.0r&Uk
Tlie Woodland Tru5t- Our Report of the directors for the year ended 31 May 2023 The [ruSe¥ 01 the Woodand Trust (who are the &er¢or51 have pl¢asfft kn presng thelr repcrt and f)anciil staiements lor the yvar ended 31 May 2023. These IAve been weparJ in accorthnce with the accounting polcies Set out In the notes to the accounts. They compty with the (harry's governln8 documenL the CharIt$ Att 2011, and 'Accoununz and Reporring by Charie5'. Statement of Rerommwded Practi¢e'_ wrinent to charities preparing ththr X£OLts i accordance with the Fir&ntial Réporring Stsndard apprable in the UK 2nd Rewt4lc of Ireland and published on 16 July 2014. The charlty is registered wrth the CharKy Commtssion under retstratDn number 294344, and wrth the Office ol the Sco¢ti5h Chartry RelatOr under number SC038885. It 15 a cwpany ImKed by guaTrntee and operates In England. North¥fi Ireknd. and Waks. Dethds of mstee$ 7ho swv¢d during the year are set out on paze Our purpose Our VFsion A world where trees and woods thrive for people and nature In 2021. at the M-POInt of ourll%year srratetr. we reyewed pknhs- setting the framrtork In whch to achleve our 2030 vision and idengfy and deliver opportunleS for worknng with partners in order to meet our obiectiyek Globally. vie are facing intertwthed ¢xw¢nEol threats chrkkt¢ (hanze and nature s) The rest ofthe decadE to 2030 Is Wvotsl In reversing the dama¥e. We must art urgentty. our part and enabf4ng other5 to do $0 a$ wdl. Here ir home. we see these tlwts refleCd in our ¥yoved undnth% ofthÈ CUrt sDte of UK woods and trees.. Woodland co¥w is yadualty (reaS& but wocJand wrfdrfe deCreaTr& The UK'5 wtsodland tover has more than dtyjbled in the IA5¢ IC¥) years. tt much of thls 15 fKTrnarive ¢ree5. &"sting narive Y¥oodL4Nds are Isolated and inadequare er0108K ¢on¢fffirJn, and d¢ch)es ki woodand wihllrfe conwnue. Wood5 and tree5 are iiul for a heahhy and stitiety. Thty kxk tsp orbon to fight dimats charye. improve our physKal and reduce polution and And SOrt wilthle and eStock Wood5 and tree5 are sthiEci to a barrage ofctyn¢h4ihg These rary from dwect woodland loss due to devebpmenE to m¢re insiOKsus 1Thences from dimate than¥& al th5ease5. Invasi pfants. poor managemenL mammal brOWn& and r pollutants. Noi fiearly enough ts belng done. The Stok rfthe Ufs W(¥)d5 •¥d Tree5 report Ffoyides a lo4 and clear vrtrning gp) that more needs to be thjne to protect and e¥ ow nairrt woods athd tr¢¢s. W¢ urgenrly need to scale up the mary inying initiarives to create nafive WO wt mort IndviJI tree5 bxk in the lar and restore damaged Creation, protrfD+ afhd r¢sforation of our naural wc)ded hIt#t treed knd5cape5- wderwnrbEd by improv¢d eyidence and increased veStMent by sooety-wil be truc 4Yrtr the nex decade as we tscwe these SWIaL threats and sund up for natr¥e woods ind tree5. In 20L we launched ow refreshed straw ro indude the time Feriod up to 2030. k will capwre ovr visv)n of the luLur4 our role as the UK'S 4rgert organisan for rrdtive wogd¥ and rree5. and goals whlch inform our worth5 for the >rar& 2022-2023 achievements: Pknted 6.1 milln tree5- the hithest wmber ew kn +)rte year $e the Incept in 2015 ofour UK4nd.Irelan Sourc11.GraVffj $th¢ EStabrhed 2.724 heaare5 tsf woo&knd- both on and off e5tats work- aga¥ist a target of1500 he<tsre5. Restored 789 hectares ofanaert woodland a5 of tyJr ortgowy commitmÈnt to r*tse years ofdecline. protett the ancienr woodland that and yovmle the conthtioThs for threaTred Thatyve 5pecie5 and ur¥que ecosys ro thrive once rnor& Although bel4 our tsr%et of l.L hectare5 for the year. it stiu repres1$ a tything of the prevloys year's achbevement of 250 heaart5 Rerewed our h¢$1 Inc+Nne for the third con5e(uivR U15 mlioA ErIarked on (reatmg the krgÈst Mii¥e Wood1¥ in Ennd (Snaizeholme) and we5 (Brynau Farml wtrJdlandtrust.org.uk
The Woodland Tru5t- Our se Su£cessfulty overturned a pknning deci5ioTr threatenry Coklthorn W¢>od. afi a•¢ient woodland in Su55ex. thereby avoiding a dam4in¥ kgal preced¢ b¢ithgse¢ thatcouhj have putthoLtsnds of othtr woodPdnds on the Artet Woodhnd Inventory at subswwl rok Re¢eiv¢d the a¢tNe support ofthousanth of people In our su¢¢es1 ¢ampJon to secure wotecuoTh for anciert woodLinds acros$ 5¢othnd Exceeded our target in our ¥enfKation of anclent trees the kneTrt Tree Inventory11 I.() v5 7.0(X)) Re£ei¥ed signrficant contribution5 acros5 a diver%ty of income streams- in¢luding the hoh¢st-¢v¢r wKorne from maror donors {£9.09 mill) an9 our second hpihe5t £Y income e1£20.3 rndlion) Generated 30.cth new memterships for the Tru$4 inspring nmny Thre to SUPPOrt U5. We (urrenty haye around 500,C¥)J supporters who help u5 to Secure the firture of woods and tree5 by becoming Memr5. making doThation buying produ¢u- in¢kJding tyjr Jnaile merdwlSe- btLtry. and givir¢ us thEif VOKe. influence and time as ¥olvnt¢ers Inspred 30.¢)JO FeOF4e to sy our peDn"on in the fvstyear of our Lp1 Le8eTh15 campai. calling ot) goyerrffiertts around the UK to introduce le8aly protetted for n¢ient and 5peual tree& The v75t majory of these trees curmtly have no wotected staths. 2023-2025 ambitions: Influence and delNer a more resifient landscy to tree5 and wood5 throyh protection. restoratior creaiton (by ating and regeneration) aThJ demowath)r4 on our own estaw in Urb area5 and on others, nd under our inlluen¢È Shift the reladorbship peoF4e vthh trees and and the wldlrfe within them, to one where they are more prepared to take attion. Create the scale and ¢aF4bifNies that wdl ¢hatl¢ us ro folrAv ow stratey and optirn resources for the bentht tsf woods and tree Strengt anofnt woodknd wothction across the UK and h tr$¢ Twoods tree5 thit people value most Grow a ma55 mvement of 1.5 people who b¥¢ tyees and woods aod th acvon for them- s,000 as members ofthe Woodhnd Trust- yvinz their mcffley. time or voice to our ¢aust to support tr and wood5 for the fijtu Secure key le813. puwk poky and loytem fidIng ctyryniunents to FTOte£L Marge and expand the UK'S native woods and trees- to Fryesye the weakh oftsONerSrry thty and tyYthEd a naWSed approxh to ckling climate chan Oeploy volunteers more elFe¢Dvdy artd &Yow tlr contrilxrtion to ow (au5 Further increase the wocJs under w ore to )ur esure rrwe resdnt w exrernaj preuwe5 and prode more engagemnt opporniniue5 With yOr Pro¥le opporninity at scale for e¥eryore ro to miugaDhgthe effe¢u ofthmate th%2 through pLinting trtt5". k•ckm¥ up cart)n for huntheds ofyt•rs to com¢ Increase nathte tyee-anopy cov¢r and exend of exirringwood5 and trees ty reconnecting frwnented hatrtat& buffen"n¥ Ly¥VdI*d and en•t48 yrban and ruraj ndScaPe$ to adapt to the wnpacts ol cfimate chang woodlandtrusLor&
The WoodLAnd Tru51- Our Our refreshed 'Strategy to 2030, The dade i¥ pvotsl in reversing the thftuge that (knite change and rature Ioss 15 havng8k)balty. Our refreshed Srdte£rf to 2030 describes our vtsion ofthe tuture. our ro 15 the UK'5 5t ornav for natrrt woods and wees, and our ¥oils which will inform our pY•?ritie5 for the cOng year& We still beknfe that creat)n, protec(b)n and re5toratlon will be (ruci4 ¢)Yer thv next dEtsdÈ Is we sDnd up lor nari¥e wood5 and treth We abo fo ¢xplKirty acknedge the people play. tKth as supporters and beneficiarie5 of o Our strategy goals to 2030: PROTECT.. We protett anaenL veteran wood5 and tree% to Swi the bss of Irrwaceiwe habiiat and ¢arbM stores ahd preserv¢ our namnl RESTORE. We restore the ecologbcal condiion of extsw natrde wood5 and tre4 Incresm¥ landscape resillence aThJ creating conditK)n$ lor nawre and to thrive. CREATE. We create ylity nauve woods and yt natff treE5 ro natu thmate and people into the hjture. INSF1RP. We sPire the 1. hyalry and the hearts and fid$ ofan eYer-iTrcreasing nwnEer of PeDe and organiwiofis w SUFWrt ENABLE. We enable everyone to make thEir contrib10 to ow cause. throuth the evKleKe and opportunit$ we provide. l¥A8 th¢m to prt ofsomethlrq by than tly could alort TRANSFORM.. We are tran5forrnin¥ how we operate. ehsurhlgwe are the hYih-plomlTr& inclu5Ne our cause red5 b& We mu$1 b¢ sw4ter than the sum of our parts- detrming p05itrye in everythin¥ we do. UnderFTrrng our stratesy wth be bld¢ the optratiry mcthL dryKal techncAo¥"e& and the opabihy and ¢ayo¢y ofour peopb. to ddiver the greatest impacr lor our ouse a5 our and grow. Throughout tht Reporr and Accoums you hear how aaFfft5 14v b¢M based tyi one or more ol rhe5e stra als. Public benefit The primary benefit ddNered by the Tt is the pr+xettioh and restorntlon of rKlent woodland And ancient ar ¥eter4n tree4 and the creaOn ofviklrftrnth and ecoioidty khY hats In the UK that benefit wddlife and peopl¢ Nte trees and woods can prowde a rarye ofpubk l)ths- wue5terir¢ (arbon and reducing heal tffetr whi¢h helps comkt climate changt,. aidiAg nawrnl Ibo&risk MarM¢ inprovi¥ vmer qLHhty,' pmtecDng soils ond reduclng er05bn'. 8iviThg 5hdter ta 1t¢Xk. and reducmg r pollun- and are trun in mInfain pubhc health and wellbeing. In£01n8 mentsl healtlL S¢)mt of our acirts for the benefrt Ckn manapng more than 30.LIIO hetfares of woodknnd Ah accessth to the fre¢ of dmrge heiplng chiklren and teena uthtand the irrpVu¢ of wc)d5 and tree5 t10 proFcts like our Young PeoplE's Foresi at Med Dwtyshye en8¥'ng hJndred5 ofptople irt pkn'ry trees Organe eMts. as Ckmare Cafty assisting Lindovmers and farmpr5 to create thar ovm wotyjland. athKe and 5LVPOrt through our MOREwoods ifid MOR&edgE5 xhemes enabln¥ the an(l ol millions of tree5 with schools ar CO1rY zroy tlwh free tree p3¢ks creatyhg Yolu#teering opportunitie5 whKh enable peo to pin Penere in consemt)n area5-which (an then lead to a oreer in the environmental 5ector- or simply be at ore with nature and the outdoors "ving athttce and as5i5tance to peopAe who fthd thwr vakd and InCt bcal Woodnd ar risk *)f deswycrion. and Prov"Ing ways for peOe to tal on thir elected reprtave$ to act kjr trees woods woodlandtrust.or&uk
The Woodand Trust- Our ur se creating thousan& of hectares of woo(lland so that peoplE ran enjoy its benefits foryearA to rornè plantin8 millions of tree5 to captwe COI from the atmo¥there as they grow- lock.tnz it away to reduce the impacts of clima change and conirityjting to the UK Govwnmenrf5 Net Zero target by supporting bunesSeS with theT clirnate acvon and bersIty 51ratryes. and hdping kndownws create thwr own WOOLlhnd for climate bEnefir5. We can* ach our slo wtksut supporL and there are many ways that suth support can hdp us mike a real differenc& such a& membership of the Tnrt ining our campawt5 or 4pp&ts, corporate sponsorship or donation. Yteering, a ffanL lea a in a will. pkdylryjr and from our online sho Flnd ou¢ nwre atyoodkQ woodkaAthrusLor&uk
The Woodland Trust- Tree5 and landsca e5 Trees and landscapes Our strategic aim To influence and deliver a more resilient landscape approach to trees and woods WCX)Llandtrust.or8.uk
The Woodl¥nd Trust- Trees and ndSca Delivering real landscape change in our geographical focus areas through protection, restoration, creation and demonstration Three of our exciting landscape-scale projects To develop the resilieAL ¢0mple¥ and dynamic habitsts needed to reverse the dedine of our ld1¢ and ta¢¢ issues around climats change. we need blggtr. better and mre l0Sned up area5 of habitat to enhance thyersity, extwk condition, CxnectiYity, and athpubthty. Ddivering at a hnd5cape 5cak in our rnst SPlJI and inporrant hndscapes across the UK 15. therefore. ¢coMIng an increasing focus for us. Whtre IandKaPe-se (reation and restoration p05sibJe. we're thinking BIG. considering not onty the we o¥m. but collaboraDng with owner5 of adjtiiThing knd. Together. we can work in partnership to transform the whok area- conneaing trs and wood5 to defNer re5wred and betler-managed habNau. Here are three examples of IAnth¢aptrx¥e whith dejnorle wh& can be aChved when we're thin WG! Snaizeholme, near Hawes, Yorkshire Dales {MEEfs STRATEGIC GOALS PROTECT. CREATE RESTOAE ENABLE) Snaiithdme 15 one of the rge5( rtTh)5t excnnl and t#)kl woodkdnd prolecES ln the English up&nd$. N¢)w our work here is st•rtihg to iransforni the S62 hectares of hwjdm dyade& bare valley into a ¥ibranL resilieni landscape. In April 2023. after 0.nd•%.hIYe2rs of detsikd suryeyw¥ Consu10 ar plannin& coupkd with 5uccesslul fundraisift& the Trust launched the delNery lSe •1 Sfi¥z¢holm¢ with the p&Aiing of the fir5¢ trees covering S I hectares. Once planting 15 completed, Snaizehokne WMII be COred with 3W h¢uar¢s of w1>odnd to become one the lartrst contigUOU5 new native woodLind5 in Engknd. However. the as muth about far8¢¥1¢ hat reStoran and nature recovery as it is about w¢and (reation. The tree F&nting will take ce alor¥"de huy rwravon yo)eax in¢luding 113 he£fares of blanket b0deeP PeaL ICK heture5 of hme5tone PAvement and 77.4 hertares of riparon meadow along snTiehol Beth As well as buffering and enhanciThz an adjoining red swrrel re5eTh4 the work also restore an wtlre ecosystem,. bck away carbon for years to come: help ih the fight¥•M climate dwg4 imFTiwe water qualrtr. and mii¢gate kndir¥ in the areas downstream lik¢ York Woodw b.rds will lyye a homE here for the fir5¢ time in cermirie& and ow xrub woodland likety to benth endan¥wed species fike th¢ b4¢kyous¢. Our careful approach to FaIntingenr¢S thatthe wood&nd Kentty tr3n5ityon5 into and connects with the other habitats- all delivered without using PstIC tree guards or h3bKKl¢s. Sght hun&¢d she¢p have been rernoved and a han¢fful of native.tfeed cattle trOdUCed to chry the habtit fr(fi heavlty motyknd ro a rKher mosat ofyound Ilorn. Stsff from corporate partrrs A¥ 8&Q, StrefrA and Bettys & Tayth of Harrogaw a5 well as 5<1me of<>ur m05t valued Individual supporters. ha¥¢ ened pknty.ng some of the first trees. See our artKle on page 17 oudiffting our rest¥th wtyk and p¥uwship5 atthi5 Sitc Brynau Farm, Neath (MEETS STRATEGIC GOALS (fiEA INSHRE ENIJL Brynau Farm 15 the Trust's largest woodknod creation proiert in Wales to thte, Ind fs wrthln easy reach of one Ixth of Wale5' populauon. In 2022-23. work was carrd othat mlm15e5 the site's va]ue to the hh of peop. nature and the plantL HantiThg of the maln 42.27 hectrn ol new native woodlar 75 completed in sprinx 2021 and In 2022-23 was enharced with the ¢rtation of t)r¢h3rf wrktand. a¥thue afid hertyw trees. Open thys ran throu8hout the month ol AuwsL tnabling Vlsltors to learn about otsr kJn?wm ¥isi)n for the wood Two public plaThvng week5. in November 2022 and March 2023, saw local people and fve schools In W 2023 we ffinalty brokè ground on surtofa 10th1¢d partn¥5hi) project wrth Neath Port Talbot Council. This natural flood-managwnent work W11 complen*rt our catchment phntin8- the IIDW of rain downslope ¢0 a¢-d5k communities by reka5ing cufverts and bjried streaTr back to their natts Mndering course, and adding cro$s- woodlandtrusLOr&uk
The Woodlat)d Trnst- Tree5 and kn&ca slope features and leaky dams to hold tk VAier. The site has hosted vtsits from a wde range of orsanisarions and poliiical figure5. including Wdsh Mini5terleremy M. Our tel have been hard to build rda¢ion5hps th diverse groups, ensuring that a ider rdnge ol people can access enjoy ow srres. This yourthtsrk wi in during 2022-23 paid ollwhen on 2 lune vle hosted the Wmdru5h Ebjers for a cdebratwj Mourne Parl Kilkeel IMEEfs STRATEGIC GOALS PROTEcf. CREATE REsfoAE INSHRE ENABLE) In May 2021. the announced Ns purchase of 156 hertare5 olthe private estare mJrne Park- whKh includes 73 hectares of ancient woodland ey surmier 2021 the first ol three trails was compkn& enatAing the Trust to open the woodland lo ihe W"C for the firsr Ome 500 years. Pthk'c SL4Jpon has been ImMere- trom the fundraising invohted to acquire Mourne Park and the 1.3(#h hours of ¥dunteer% to the 69.C#)O visitors ITh the first nine months of openbn& Building on these 5uccesse& In May 2023 we had the oFwrtunity of extending the site ty pUrchn% 32 hectsre5 of nei8hbourlng land- thanks to the suFyt )f Olts in ill& funders- cluding UEster G¥dÈn Villages and Northern Irdand Environmwt Agency- donors and a pubh"c appeal. Tlis additsonal lar will be used to pknnt thousands of natNe trees to buffer a stretch ol arTrt woodw on of rhe boundary of Mourne Park ar extend viral halxtats for nature. The site one of the rn05t imForunt area5 of anuent and l-atural woodknd Northern Irel)d- espetially as Northern Irdand onty has 0.04% of anotnt woodand C>ver left- and ts wjeal for both restoration and conseMDon. Our InCt woodllnd restornDon here ts hugdy inwtsnt as. Without IL the woothand wtyjld slowty dle- choked by inva5fve specie5. Now. throuth invasiye 5peoes mana( rezeneration and carefvl 5e pLinDin& we are kn.ngry hundrds of InCt and Veteran trees back to thor fornRr ¥ory. Out5¥1e the TwoodW. vft are worb'ng hard to bring the p¥Wand Into beiier ton¢thuon'. £han&"ng the pl%e$ and rePhRYOng trees In caps so that tls spectal landscape wil continue to thrive for generatio1 to come. Akhough restorat ts SDII on1& Mourne Park h$ alrea¢ty seen increasing t4odwersity benats- wlth foxOove5. uebe115 and wood anemones cckInl1 the woodnd Iloor to create one ol the ffl05t 5pectatular knl th"Sr$ atross the iand of Ireland. Swnning views $(1 b¢¢n r¢swr¢d oYerlookJn% thi5 beuDfvI ld$£ and njjre pathways wdl be stalled to take visitors Into detl hatrxrau within the woodand. Locard lusf an hour from BehsL Motsrne Park 15 now the FcL dest&10 to rekn irb and enjoy the 51ghtt aro bendts to health and wellbein¥. for free- 365 days a year. Restoration and protection Loch Arkaig Pine Forest Loch Arloiz The Forest Y4 one of the UK'5 last remaining fragwts of Calt&Jn#h plnthyood. It's * remo wet and wi. west-C03St Tr&Cape. tNh¥e frtshww lochs meet nKwJnfain and moorland to tovhle a of hat4tsts for iconbc anrs and wildlbfe. In 2016, the Trust prtnered wirh local community zroup Community Forest Ltsth Arkg F¢)resL restore th¢ nauve woo(Hand hatat% and re-connect bcal people wrth the rnanagt and stewardsh"p ol the slte- I8 the woodlands to er $usTrinatAe rurdl ¢kntk)pmew in the c1>7ununy. The w"newoods had been degr3thd by historic fekn& and plantithg non-native and the restOratrI required was extreryly <hilknging in what Is wr 11rt.e¥er ancient woodknd restoration WOFCL H¢)wver. afttr a kw years of prtyratiorn the realty inpacrful restoration wrKk is now well ndWay. Funding raised by lyerS of Peo's PosKode Lottery 15 key in enabling our work at Loch Arknq, from helwng us buy the plne forest in 2016. to bn'nynx the 05prey web r4m homes each year. as well as lundirYA wtal ortrgoir¢ restoratknn works and siznrficaTht ithstructyre des. We rThin huFlyyatefil for thw On8 SUFVOrt of ¢x* work hert acr055 Great BritairL woodlandtrust.org.uk li
The Woodland TtiJst- Tree5 and Lindsca Highlights from 2022123 include: Non-native tree remoydl IMEEfs STRATEGIC GOALS PROTEU. RESTORO Our wtsrk to rvnove non-naiv conrfers continues apa¢¢ Wt ¥¢ dt¥ing * ¥eas t<¥ enab the mwbfKen¢ ancient pines to repopulate the 5i¢e. These young trees 11 be a bn"d¥e into the tuwre for the native florn and fauna that depend on this preclous habifaL In order to aCCofflrrte the trarwrt o(the we had pr10S Lyyaded the White Bridge over the RNer Arkag and the Glen Mallie vac Ow $4hrs have rtow turned to the more remote tCk known as The Gwxh- 4there rn1¥Ye trees will bt rerrthed every year to 2025 Ihving $orred in 20221. We are hin1 to take the timber out over the soch using a state-of-thpArt freshwater barge to minimi%e enyrironrnental irnP3CL Other area5 01 dfftult-trreach non-native conrfers are "Th8 cle•r¢d wth the hdp ol horse5 to avotd the dLturban¢¢ thai heayy rr4thinvy would cause. So far. we have taken out 150 tonne5 of non.native &tk2 spruce fmm a FArtKul¥ty sensiri and diffituk ofthe kne5t lry% thi5 approach. Seed collettion and native tree nursery IMEErs srKaTEGIC GOALS CREAT£ EWLQ Now Ihat th¢ n¢)mIll¥¢ conifers are being deared from the sito the nati¥e trees will have the thance w natura regenerate on sffje. However. Tthre there are no mature trees around to wovide a source ol seed. we will plant saplng5 ar various locations in th¢ ftsrest. To tsable tho. the tast three sea50r- wth the help of volunteers- we've olletted tens olthoa ofseeds NKhxlng Stots pine ¢ont& alder. hawthorn, oak and rowarL This &"ve5 US a maznificent resource to direct seed or phnt saphngs-grawn on from tht seed in the native tree nursery established by the Arkaig Cornrnunity F¢xe5¢- acr055 198 acre5 of the Sbt Loch Arkaig Pine Forest ospreys IMEETS STRATEGIC GOAL INSPIRE) The 2022 osprey sumnr w4$ a trat SUC¢ wih adth Lour5 Dortha rri5ing (hicks Willow and sarafi to MratiO In September. When the ts.rds switrhed to a new rt kst y¥. we a second camera to gNe the best chance of t3Pturing the action so the famity 538a ctyjhj still be followed offth by our enthu$4sfi¢ worfdwKJe audience. ¢)Jr oswey watchers have confinned $ti of wh?us >w¥' thKk5 in kne8al and Shpdan& The cameras continue to brins a wihj sIKe offorest lrfe to lots ofpeople who nertr be abk w vsY¢ in per50n. Lost woods ofthe Low Weald and Downs IMEFfs STIiATEGIC GOALS PftOTE. RESTO INSPIR£ ENI810 ln Septernber 2021 we were dhted to hear that our to the Naik)r41 Lottery Her1[ Fund INLHF) for the fNe-year ddivery phase of rhe'Lost Woo& of the Low Weakl and Dowm, proiecr had been successtuL The Lost Woods parmwship. by the W•odld Tryst alongwith A¢titsn in Su55eK S1 Woods Association and Sussex Wildllfe TrusL wfjll recÈi¥e ah award of ftre than £2 mi'¢)n to be paKI ffi¥e year The Weah4 and Down5 in &JsW 15 Mthin one ofour ority tretscw where 25% of Engknnd's aftcnt woodknnds are ca. 8ut within the project area. the ancientwood5 are 5rrraU and i501ated and sufferfrom debPment threats, under- management, and the increasing effecrs of a chwwng clinute. p¢rctht of the ancient wood5 in the project area have been neglected. woodland owners and marw facing barriers to caring for them- im¢luding limid woodland management 5kn115 and lack of the knowkdge needed to tsckle the chalknges. MOSL of the woods are rttyt publi¢ly actessiblt, which limiu the benefits they can provide and reduce5 l¢xal Peop.5 connection with them. They are'losi woods.. Our amliuou$ proi¢ttwill tfdllslorm th¢)se10st wood5 into b¥ed healthy woods and reconnett them Into the wlder Wld and Down$ lands¢w The pamership tatkk atcess barrier& enhance woodknd bl¥s and connecrivlty, and prowde a wide range of udiences with the confmltnth. and knowle to enjoy caring for and protectin8 their local InCt woods. This will invohte reithing out to d$conneC ¢ommuniw in rural $eX to increase their tngagtmentwth local ancient woods and connertin8 them with local wty)dland ovmers 111Th8 w provth woodland experiences. Tht Lost Woods pamer5 a150 work with kKal woodknd iywners- provi&in% advKe and knnding to tacwe fartors threatenlng the he¥lth ol thtyr sych as inyain sp¢w rik¢ rho&)derJdron. It's a MUlti.n proiect for people and nawr woodknJ¢rust.or&uk
The Wi)odLind Trus¢- Tree5 and landsca
e5
We would also like to thank Goklen Acre supporred the woiert with a donation 01 £70,CW. ong&de lunding from
several crI01 tyusts.
Ancient woods and trees under threat
(MEETS >fBATEGIC GOALS PROTECT. EMA4
Over the tourAÈ of any ¥ven ye3r. the Woods Under Threat team vnl typtslty respond to bt¢¢N 350 Cases of
anOl wood5 and veteran tree5 threatened by doent ofsome fornL
The Wood5 Under Threat (asework forffts an partofour ectr)n work De¥ekwnt sn the UK can take
many dIffert forrn& fr¢yn &rge infrastr¢e woiEct5 Such as road rad and lIrtIeS xhernE5. to ho8 de¥ebpDt
leisure hciliDes and minernl extrac[n.
th'fferent tyys of devdopmentwll impet on ancient woo& and veteran trees lfi dThlerÈnt ¥$. whether through direct
loss. deteriorarion Irom pdluiion and dith£e. or and 011[10 of habitau. As such. the Woods Under
Tlrnt team works diligentty with other experts in theTrn5L ceTrtr and rexionally, to erffjure that our respon5e5
are both ewdenctrled and driven by the exFffi of Jr e¥wierKed cOn5erv3WJnts and e¢dog$ts.
Alon85ide development threats, there are a ra2 ofnontheloprnerbt threats to wi)0& and trees suth a5 deer knw5
ifivwve Non-11¥¢ spe
The Woodland Trust- Tree5 and kndsca
e5
Tree health and supply
Free tree packs
IMEEfs STRATEGIC Atms CREATE. INSHRE. ENABLE)
In 202Y23 we enabled the plantin8 of 1.28 Million free trtts with •lmD5t &fJXI xhcd5 ar communw ytyjps across
En¥an4 Scodand and Wak5. Educa(ional establr5hments ranged from Thurs to unNwsiueK coAnecrinz a wtde ranxe of
young people with nature and the environmenr throuth thousands of hands-on amd learning proje
The Woodland Trusr- Trees )d landsca Aviva partnership IMEEfs STRATEGIC AIMS CREAT£ RESTOR£ PROTECT. INSPIRQ The W¢¢>dland Trnst h2S succes5fv1ty secured £10 milln over fve years to support wood&nd cr&4tion and peadand restoration proiects across the UK a5 part of A¥?.$ £1 n¥UK>n cOt to rwmove cathn from the atmosphere usthi naturtrbased $dUt. An estimated 330,LJ)O tonnes of carbon wil be seqy¢ster¢d at th wolecr SI over IIJO years- spanr4ng IC¥JO hectares 01 land- and will be asSid as a to the Mirpr of dual e55DI5 a550ua¢ed with A¥itA's carbon fDotprinL which forms part OfAa'S amt¥iK)n ro be Nef Zero ty 2040. Named siw where carbon 5equestrniion acri¥iry wll tske ace with A3.5 5UFPVrt irKlude SntLeholme- our iconic site in the Yorkshire Das- peadand restoration at Snwthi115 Estate OD the edKe of BolLoN Ind at our new acqui5iuon, Green Farm. The is the perfett plxt Its bw'n our pruwshp as Norfdk 15 where Avi47 ha5 14d a presence $kn the 1700$. While fundinK has been facditated throuth the Trust's W00dLnd Carbon AvNa ha5 realty ya5ped the need address both the nature and climaty tri5ts in pa1. Partnerin¥with tss •re5 rhat AV,$ orbon efflwv)n5 #rÈ mitigated with our consemDon prin(iW at heart- knefjongwthjlrfe and swle as well as our t)et. Each site will a150 address specific ecosystem5 5er¥Ke& iThclu¢ffjDg those thai Ink rw to Ayira's own OpWat5 such as natural fiood mal)a8em For exam¢ work ac ¥Zehrne win help betw mna8e fflow ofwater through the river tributaries that travel a5 far as Yorl a city kn¢>wn for regular ffloodir¢ As a rnaior household inurtr. afid with a presence is a SnffKart emF4oyer in York ir is a Ulllgue opwtunbry w defin5tra¢e to Avi¥a'5 CU5twner5 how supptirting the Woodland Trust's resdnt LAndscape work upstream he$ llo¢Jd risk and COSL Av4 empknyees have alreaty held ¢ the partnership off the and demonstrated a PasOn for the by josrtlng us to record ancient tree5 as well a5 pknt new orbEs. Seeking to creare further muDJal bwefic frorn the parwrshy has akn 5UPPWted u5 in charywnry o¥r cause at o Padiamenrary recepiion and throughout th"r sector. and intrtyjuttd u5 to the As¥o¢41ioN of 8riush Inswers and its woodlandtrusLor&uk 15
The Woodland Tru5t- Buikjin su Building support Our strategic aim To shift the relationship people have with trees and woods to one where they are more prepared to take action woodlanthrusLor&uk
The Woodland Tru5t- Bvilth ort Establishing a greater public and policy understanding and commitment to the vital role of UK woods and trees in sustainably adapting to and mitigating climate change Strengthening our evidence-led approach Snaizeholm& our flagship for long-term res&Ych innovation (MEETS STRATEGIC AIM FM18Lg On page 10 wt deKribe our acquisitioTh ofSnaÉieholme and kn84vm Fkn5 to tran51orm a b3re val in the Yorkshire De$ into a vilwank resHlenr lantscw Howew. aspecL w the sl¥e's acwkni. AJongsKJe afi extrnsive mor¥wrNy pjan to meagjre the impc¢s ofwoodl¥rtd treaiiort as a wlot site for the TNst's new monor•n& Evaluation and Learning (M&) hmtrwork we have esttbfished an exciting fiew collaborntion with researchers at the universi5 of Leed5 and York Funded throuts the White Rose Fore5t'Tree5 for Cl4r4te' lundkng wogramme, thts pamership will deltr lofjg-rm scientific resw¢h and data colk¢uon w ffill imporramt woer¢ ¢4ps on the Impacrs ol woothand erÈavon in larbthtapès. We vril uke detsrled measurements ofhow orboft st¢xks. flood risk and ecosystem functtorts chary a5 the trees yow and the woodland5 rnaw as well a5 how establishing new woodknd5 will interart with other hai¥tats and i¥odr¥er5ity. We know woodland5 can ddv4v a range of imFYtant bwer1 provmle a home for natwe, lo¢k away ¢aTbtsn w fhl tlin ¢hany. and ¥ow the fiow ofwxttr whith he to rethce d0¥YnstrM kndln& By worknng in colaboratlon with f0rwarththlnki researchern the Woodknd Trust will able to better demonstrate and communicate these benefits. understand and learn from our ron5eryat actNi¢ie& and share thi5 knowlpdge within the c(wrvavon 5ecror. This collaboratitin 1$ alrea ddNering impatt for thÈ Woodbfid Trus( viith * UnN¢rsicy of Leeds Pno swdeTrt presenting our first findinp on sail carbon at first scnfific symposvJm- Trees for cfmère ChanRQ BKJNersity and People- held in lune 2023. Funding high-impact research for woods and trees IMEErs srRATEGIC AIM ENABiEI A5 an evKlence-kd or8ani5a¢ion. the Woothand Tru5L Uses irs annu consemoonvresearrh fimth"r¢ proyamme to fill lrnportant edeTrce pps ¢0 infomi our work and to swrt and develop earty-career woodLiTrd 5CiEnii5ts and eeobjsts. lth this fincilI year we fimded two fants5tK cutting-edge re5earth projects whith wil dirtttty tohtributt to ttur ambidon5 to protec( creats and re5twe ¢xr lanthc4pes lor the heakh of people and the ptsrL The fvst is BItsWELL- a h.1mPaCt re5earth woiec¢ with the Lknr¥w3lty of Keno looks i£woodFand biodiverSbry lor human health and wellbeing across Britain. This wojett combines woodnd ecolw aTrd biodNersity data (from to beetles. lo¥es ro lun&"I with a sQf-the4rt psythometrlc tcd. re¥ez15 relatK>nship5 beeTh bi¢)diversity and people's welbelng ty looking across fi¥e 4thmen5iorts of hdth: thKa( ern0. SO and spiriuAI. BIO.WELL doesn't just firKI a rtL4rM)nship between b$rtY and wdlb&"n& probes and alh)w5 U5 to understand what li 15 about biodNersy- for tx2ftW4 colour. sound and smdl- that pacES our wdlbein& By truly understanding rfand how we experwKe wellbD£ benefits from biothversity. the Woodland Tr¥- throuth woods and w¢es- can help addres5 the equal¢S of the 1th$n oftM"odNersrty tnefrts for health and wekning across Sotiery. Our second high-irnpaci proiett i% SCAThER-'S¢anning amcieni trees with terrestrkil llJr'_ in collaboration with Unbver$ity Cowe of London (UCLI. research wdl use new laser ¢0 create 3D imag¢5 ofan¢ient tr to radlty improve tyjr kThede of the Imnant mKrohatitats that such tskl trets provh4& theretr/ hÈlp"ng us improve our management and care of these prKI0 an¢ts. The that will al us to increase the accuracy of existing carbon mode15 that probably Undere5m3 the quanty of (artrf)n SLKh mature tree5 are ablE to absorb w)d sttsr¢. The SCATTER project will PCe some beautiful 3D Sa of25 ancnt trees from ¥ouhd the UK- akn.ng us to peer into their nooks and crannies n unprecedented detyl to pnjvide an immersfft perskctiYe and wth¥ed apprec¥atioTh of just how much these wreFAaceibie marvets of rbature coThtrybu to nature rECtsV¢ry afid fitsiing dimat¢ chany. wdIand11usr.or@.Vk 17
The Woodknnd Trust- BuildiN $u Influencing government policies and legislation Scotland's ancient woodland to receive greater Pr0CtiOn IMEEfs STRATEGIC AIMS PROTEU. ENAbL£ INSHR Our ancienL Irreplaceab woodlind5 and trees are under corbsrant threar from deddonl Hanning policy in ScotLind has been too weak io deter dvrfqlOp and too ofters prOP)sa have been aFyoved deSpI th on these precious aCeS. Two hundred aThJ seventy four anriEnt Scotty5h wood5 are vrKler threat from devdopmeni ytt onty 1.9% of Scotkdnd's ancient woodtand c¢>vtr rernain5. The wotettion of our Lut rernnants of anci[ woodland is lundamental to the health of peopl< nature and the planec The Woodknd Trust has caftyaw& ftjr years to irryoyt the ter1)n ofthese habirats. Wrth the of kotlanrfs National Planning Framertork 4 INPF4) in Febrwy 2023-a governmerrtdooJm?nt thatywjes where and developmen¢ happens- this lim has now been ¥hwed. The draft NPF4 was publohed in Novern 2021. stsrtinK the IXes5 olconsukatKsn with the wb1, and orDnisati¢4r including the Woodland TrnsL In o th¢ &•ft text xated thai"Dtrdeltsprnert Fffoposals should not be suwyorred where they would result In any h7ss woodknth arKW¢ veteran Tr or have an ad¥er5e iM£t on thr ecdogical corKlition." Whlle this draft text was an on the ¢xstFry Nles (as a resulr of on1n% efforts), we (affed for it to be made even better. The Woodland Trust team in Scotland raified th¢ wbfK fo respond to the Gtsvernrnert's consultstion on the dralt framework and secured pofrtKal for thnge. As prt of the consukation. the Wi)odland Trust Scotland met with mintsters In the S¢otti%h Pad47ment and CMI 5eTrants behind the scene5 to conunue to yess for the thangts. We were able to achw an imrrtyed poly with help from 1.459 ofour 5UPPOrters vtho directty resp)nded ro the consultsuon. Notabty, the Woodnd Trustwas fill¢beck¢d by Pknnning Minister Tom Arthur MSPwhen announclng the changes rnade in the Scottish PthrdmenL Imponandy for ihe protection ofwoods and trx the Th polKy state5 that-D0PMent proposah wlll not be supported where wlll result ir£ any loss of anthnr ¥¥00¢lknds ahd an¢i¢ntand veteran trees, or have an atherse impact on thtir etdOg1 condition.- at)ut the need to we¢t these in develotthL These chanys should deter de¥ebtspers from submiuing Fyoposah whKh diwe irreplaceable wood5 and trees and make It easier for CaMpaer5, includthxthe Woodknd Trnsc and local ro def¢hd these hai¥rats. shoukj a150 redute the irnpatt5 of devebpment on our ancMt woodknd and veteran trees in the yurs to come. AcNevln8 the poficy chany is not the end of the story. (Mr the ctyning montts and y¢at% we wil continue to ad¥ocate for implementation ofthe r. Thy5 will indude ensuring bcal counols have the ¢xpern ahd Capacy to deliver the StrenheTred poly throuth updat% our own Planners. nlL and ddweryq rrnining to tounti Letters to Tomorrow campaign {MEEfs STK4TEGIC AMS PROTEU. INSP1119 The Climate Coalition's Letters w Tomtyrow ¢ampaign involrtd people wriring a letter to a loved one fNing In the future to call for action on dimxe change now ty poliural leaders to. This vrts as part of bts Great &g Green Week campai. These letters were shued tsst year Wbth the Pn"me Miniiw and the Lèader of the OppE15irion. The Leader ofthe Opp05btion'5 office responded. Saying that were struck iy the quafrty of the kn and mke Sk Kelr Starrner to mett some of the authors whtre ¢ Was F*)5sible to fil IL in with his schedu. A Visit to the North We5tVA5 deemed the best oprtuni for this. and the Tntst wt (Onrd Smrthilk Esute as a good pla<¢ w me¢L Sir K¢ir VAS hostd th¥t by Darr Moorrrol CEO of the Woodkdnd Tru5L aTrd Bronwen Smth-Thgmas of The Climate Coalnitsn. Sir Kelr E Ymth styrte of the letttr wrirer5 and had a viewing with Darren olwhat the Trurt 15 see"n8 to do ai Smithills Esrate, as well as discussiorts on the iftp)nance ol the Northern Fore%t- and the mary benefrt5 it bringing to PeDe- and on the wder bErth ofwood5 and trees in dTr8 on cross.vernMent yior¢ies. woodlandtrusLor&uk
The Woodkn¢J Trust- Buiklin&srnu _) Working with others to secure meaningful public policyi fundingi and action, to tackle biosecurity and landscape resilience Emergency tree fund. Phase 2 IMEErs srRATEGIC AIMS CPEA T£ ENA81£ IN5PlIREJ In 2020 we Liunched the Emwgency Tree Fund in re¥nse to local authoritEs appealing for our help w embed trees into their climate wnergency plarts while 8Tappkng wth Trmlted resource5 3Trd lack tsf expere to do 50. Phase I (reported on In the prevths knnual report). wekored 12 kxal authoriw t0 to three-yeAr pdot whth continued throughout 2022ll3. By the end ofthe lTIting session through au#Jmn wnter 2022125. the nurnber oftrtts Pknd to da Phase I wa5 34262. Many thanks to Trriffinders who helped make thr4 P055iWe. In 2022123 we were atle to launth a second phase ofthe pdoL SUPPOrted through a al ¢omminnwt from Amazon's Right Now Cffirnate Fund. Wlth É20 million Corled to proiert5 acr055 the UK arbd Ewope, the fvnd has bee $w up io tonsÈrv¢. restore and wethnds grtssknds- protw wikjlrfe habrta& Ixodiversity and quality ol lrfe for comrnunitie Parucipaung lool authonties irKhJde Doncaster Councl ¥•thKh has lalmched a tree chalknze project with the aim of increasing tree cover in the borough from 12.6% to 17X and the Forest ofAvon Tryt whKh 15 lookng w expAnd a communbty lore5t network acros5 fow lotal authoriiie& Other benekHries of the fund inthd¢ the Forth V1¢¥ Climate Forest la consorrium covering the counol areas of SD"rlift& Fark and Clcknnan$hXel. Mrfl and East Antrim Borough Council In Northern Irdand. West Midknd5 Conbined Authority and Wrexham County Borou¥h CwrKiI in Wale5. the next two years the SN partscyatmg authoNie5 in Fhase 2 will FAant at least 450.0fy) trees acro55 a r¢ of sites from sth0015, park5 and stree¢5 to re$e4 colhery slos. Thi5 year ha5 been abour workn'ng tl local aurhorities to tr11d capacity. iniJare th¢ proiecrs, bcal comrnuniue5 and ensure tesowces are in place. These wrfl forrn the exclting and Impactfd F4ans that WAI ddwer ouicomes such as myoved access to h'Lgh-walsty een 5p3ce for Wl residents. health and wellbein& inpro¥¢d air qulity. aThJ the creaTr of knl t¥J5iness OFPOrtunits hkt commLmity4ed tree nurseries afid mnaganL Each woiea is unKlW rePtting the Klentiw. the comnwniDes that live and work In the laThthcape. and the owrtunities to Knprove bcil future dimath ressfiere. Thanks Iso to phase I (- the Hekn and Mthd Brovm Charrtable TrwL TKm and Trdnsprty. Building a reputation for delivery in urban areas as well as rural, and for caring about individual trees as well as woods Developing a tree equiry scoring system (MEETS STRATEGIC AIMS CREATQ ENABiE) As repMtd ih the Rewt ¥#J kcount& not.for wof OrgaTh Forests dv4eloped a measure to score tree equy for urb2n ¥ea5 In the United Statek It comkn'ne5 dau on trte-canopy cov¢r with a range of inthcator& ihtludlng peoe'S health, ag4 income and the urban surface to help ary go¥ernor5 #lentfy where trees are most urgentty needed for a range ofdkni reason Over the past year we ha¥e workiii k) pArm¢r5hy wh kn)erKan Forests a UK orpnisaDon- the Cenwe for Sustainable Healihcare- to a¢t thr5 work for the UK in vAL 15 ont ofour bw-ever propcts rdatin8 to urban tree Thi5 wim see a new measure- a Tree Equtty kore- Ing dEveloped lor thousands OfhOUrhOodS across the UK to help ident.fy the pknces where tree5 would m¢ th est impacr terffts of imwoving PeDe'S quahrr of Ilfe and the resilierKe ofuthrt comnyJMies to dmats chang A slgnifKant amount of e¥idEnce for the posiu¥e that trees can haK suth è5 gLtalty, rethcin8 asthma rates, coolin2 urban 5treet5 al redlTrg $urf¥e fioodiN& Ctties with Ie15 of tree cover are more resilient to climate change and betr tquv)p¢d to weyent heath Cri However, a ofstuth¢s have shown that the woothandtrust.org.uk 19
The WooLland Trusc- Buildi
51t
iyistribution of trees in urban area5 terH15 to loljow other Kle£onoMK wends- wtth the people who are most
vulnerable often hang kns atcess to tree5.
tIKJugh thwe i4 an irKrea5inz understanding of the Itnks between trees. ch"mite
The WoodFand Tru$t- Bvilth $u orr Our young people survey on climats change anxiety MEETS STRATEGIC Arm.. W8LO Th¢ YouGov poll we conducted a5 F4rt ol our Chmate Campalgn on a nationa rwesentsDve sample of 1&24 >vr ok15 irjthcated that young Peop aré ¢tsrerned ab0uit1aIe change and the heakh ol the ptsneL It ftsund thaL 33% are xared 34% are sad 34% are pessb"mistl¢ 28% are oveThthelmed They had deep concems aboui the fuwre, with 24% ofthose swfftg thr fears over the cllNte crbts meant they are Iling w consider, or have alrea decided to have children than they would otherwise like. Research also showed that althoulh 7 ofyoung twle are worried about (rna chw and bts effects 86% ofthose surveyed felt that being 0d05 and amonz nature had a Foine effett on thr ffntal heath. The pdl also showed that onty 9% ofyoung aged I14 have a deal of inknnce on makng declon5 Itt dimite chaAgt By estslAishirb¥ our Youth .ned team in X122 and etec¢in8 a trus undEr thE ag2 of 30 to the Board in 2023 (read more b¢low), we yourtg 0P1¢ ¢C ioui with IA the fith¢ •ga4¥t clun1 cjwbge and bdi¥$y loyj. Growing our supporter base Youth Reimagined programme IMEEfs STRATEGIC M$ INSIIRE) Efigagingyoung peotAe in a mEaninthd way a key obFowe in Stratew to 2030,. It's important to do thi$ to bÈ rde¥ant ro a hrge propOrn ofthe powhtiC4L and in tems ol cw fijture caffv1erS aThJ SWF)rter& and is a key element of our Inspire goal. To this end and as reporwl in ihe last Report and Accounty began with a proiett to explore how 11 meet thi5 stratC objectwe and instyl a genuine and auththtK woath w youth ¢ngag¥nettL P¢ars Foundawn. and thelr fvnd partners DCMP and NLCW, are of our work thts area throu¢h the Young People's Forest at Mead and made a contribution of £3tr),C#XI toward5 the e5tabWment of a new. dedKated youthongagement ar the Trusr. The rn is to'reimayne, our youth ac¢i¥iy ¢0 translorm our relatish wirh young pe¢ple. with the end 8021 ol empowering them and enddl in the work Trwr to •uwe thw are parr ofthef4htfor their phrt'5 future. The Ytsuth Reimagined team w4s forrrtd in Auysr 2022. aNI is a dedicated re$tyJe with experience in youth en8a8emenL Its aim ts io upscale our youth went Work and a ioie&up apFfoach for the whole orgaDisation. The three-year plan the tram has deknFed ddE Youth volurbteering Young peOe as suppwty% and rampirns Youth ¢MOymentad InIng opportunNie5 Young people in our LYn4 content Youth voice and internal dectsion mth.ng Staff supported and prtxesses in pkn(e to increase ow yJth CommunitR5 and $clk)tsb ¢)utrtach Key 4thlwts so far IKI appointment of one trustee LwbdÈr 30. rtttuited at board ¢reabtsn ofa youth P1 to l* inkrn cfrwoduce some ofour work ' Department for CultyJr& Medm and Sport tIonal Lottery Fund woodlandtrust.ore.uk 21
The Woodland Trust- Buildin su ort an innovation competition for projett thas to support our gtsak1s¢e bebwl Two NLHF-funded.N to Nature. 12-month entry.knel iobs-with Board agreement thatwe tan recrulr vp to 10 placernents a year to yow our taknt arxl dNersfy our wo)l( forc National Lottery Heritage Fund Igniting Innovation competition IMEEfs STRATEGIC AMS PROTECT. CREATE INSPIRE ENABLE) Inspired by the Youth Rw'wned mISee page 211. the18n1t1 Innovation competitson was hunched in December 2022 with the aim of ¢¥IdIng a p&th)rm lor 5hayng our hjture relationshiD With young peop. APp"cationS were invited from young people aged 1>25 lor projecc.ths suppornrng our PROTECT. CR64TE or INSIRE goats. The prvze v13s a Share of the18niting InnOVatTr Challenge Fund and up to 12 mcrfths of experr Thn¥froM conswvavorb profe55iona y ourlanuary deadline we had receved 31 fan¢3stic eThtr whKh met ah the criterK Innovation. ImpacL Feasibility. and Researth. Eighteen appltcants were sdecred t(> •tt•md prtsjett4eve10pvrntxrthin¥ workshops and from these we chose the nine winners. On 22 W"1 they F¥iched their th Wore a group ofjudges in London decided how the £20.¢JOO prize pot shjId shared. The projects are destbed briefy belcfrt. Ind more dÈtyl on the cornpet ¢5ell Ean be Iwnd at Lucy Gr•b¢•Wa¢son- aw4rd¢d 13.000 Proiecr a national campaign to support the Irec our arKienr WOOdkn fuwring shorr Nm$ and on-th&ground youth nor.11 to reach a goal of I,1• slp)atures ort an tsp¢uuon. Chlva Gorye- awarded [1.250 Project a three-Part scheme (kd'FroM Little Acorns. to creao awareness of the imporw¢e of tre4 wth • national street-tree day. a * tree prty and big street.rree Cameron Macdonald- awardJ £2,750 Projett beau¢ifiJl lewellery to be (reated from ¥15r1e rthxlorOTr wotyj and sokj to create awareness of the issues rhododendron p05e5 w our an(¢ent wotyJknd5 and rnwrfore5ts. Holly Danle15- awarded £3.C Projert an intet7ttiK inclus1 exhibit)n to educ people on the woThJers of the hder& specie5 to be S)und in woodkrth. Ellxab•th Trke- awarded Q250 Proiecc a 5U5tainable cornmunitylchurch-ba5ed conserrdtion project w revi13r the area's kncal bder5 and live the local community oppcwni¢iEs to ¢xpern¢e and iAtern¢r Moll Slddlql and Sana Mlrza- awarded £lJQ) Project a seeded paper product called mEcO on whKh the nvxt Fneraiion ol ¢hmt fi8hters can write Itown the personal thlnz5 they want ro kn go ofand watch 4nd thw MtrEco grow together. Leonle youn8-aarded £1,250 Proje(L do%'n8 upcyclwo workshops ro teath people how ro up¢yrbe cl¢xhes using a of rethniques over a ffive-week course. Anna Cooper- Irded £1.5110 ProjecL raising awareness of how ancient ee$ an be Oamaged ty sod comF4C1t, I1 such thrfi>£È can reduc¢d, and how pNotal 5011 is to ancient tree protettion. Katle Thompson- awarded £3.5C Projett three short film5 for SOC71 medbl and a Il>minute featyre Nm connecting p2£f4e. wood5 and wildlrfe on Smithi115 E5Ute. Thank5 to Pears Foundation and their #rwill fund partyws DCm Ind NLCV. who fided thi% proiecL *Departrnt for Culuhre. and Sp)rt # Naiional Low CommunTrty Fund w¢)odlandtrusLor&uk
Enabling Our strategic aim To create the scale and capabilities that enable our strategy and optimise resources for the benefit of woods and trees wat3truSt..Uk 23
The Woodlané Trust- Enablin Gifts in wills - our largest single income stream (MEETS STRATEGIC AIMS PROTECT. CREATE. RESTOR£ ENABLE INSPIRE) Year on year. 8rfts kindly left in wlls wovKle between a quarter aTrJ a third of all our ful18. Legacies are the largest single income stream and. crucialty. 5uppty of our unre5trKted fund& In 2022123. lepry income totalled £20.3 mllllon. wilh a further e51irnated £6.2 mill 5ty11 going through the e$ admini%traDon protess. Wrth onty £340,500 expendKure on legacy markevng in this fthan¢1 . this repre1$ an ex¢won41 r¢wrn on in¥estmenL During the year we receNed 664 kgacyyft5- a srrAII vplrfr on the previou5 financ41 year. The vast rnaiorrty wer¢ unrestricted. includin8 an extraordinary VIL of over £1 rniifion frorn a k8-Snding member who remained to h"$ 'pledge' made in 1997. The four rge$l kgaciek all UnrestrK ioTlkd £L72 mlllior4 and w¢re all left by meMr$- ranong trom a Ife rnember who ined 1979. to a MeMr 4¥tho only joined fve Ye9 4. Unrestricted kgacy income v173 alrrrf)st £17.8 mdlion. and these knnd yft5 will er4¥e u5 to spend whEre, when nd on what is most vryeni or imporun¢ Is uultsed when funding simply canrw)r be bund qukkly enou%h. such as for time.sefisltlve acquistu"ort& and esstrtiil ffems $ easy to fundraise for. like UTilty ts"11$ and suff wys. LeDtits, quts simply. und8rwn tvtrything wt thx. frtyn p&nDfftg ty¢¢s ahd PrOlAs wlntrable 4n¢ntwoodknnd and rfious habitau like Adamic rainfor to and ding Cur work yQLry pwle. and provhlinR key funding for acquisitSons where can be trucrAI. For examp. Mrs Howes knndly left a In her VAII which contributed to our purchase oftranche two of Mourne Park in kn"IkeeL Northern IrePdTrd and Mrs Duff1&5 *cy played key role irb the acquiwjn of Avoncrrfrwood in Wik5hi Giwng in memory is another Income stream for thè Trust and ts YO"fig ITh importance. This can sometime5 be a lerdcy like Mrlohnson's. who left an exceptionaf in memory of wife. or qu¢0 often rc's a donatioTh. For example. Giifvan's W4)od in Herefordshire is a wonderfijl 2022 ac¢wi5itson which 5impty would not have happ thOut a substantial donatitsn in memory of GlTr- a hrythstandins generou5 5UPPOrter whose hve of tyees Siran benefrttd th¢ surrourtding ctsuntrysid¢. Th¢ wood Sifs above Mocw Park with extraor¢fin4ry I¢1¥$ encompassing of Gin.$ great loves- heritage orchards and ale[ induthig Credenhill Park Wood which she helped save in 2004. In shorL l88w and .Ernry griinx ptay invafuabk rolE in all we dD and ar¢ for us to achieve our ambitious alm$ for rhe health of Fwle. rrtwre and the pla Our people IMEEfs STKATEGIC Aif•lS ENAeL£ INSPIRO After a 0froW our (apacty r¢rrs at arnund W sraff. and we anticiFRte that thi5 k¥el will carry on irrto xt year. We Continu¢ to se¢ huge passion and ¢¢)rmmenT our people and thankeach ofthem for ewthlng they do for our Cause. Volunteers (MEETS STRATÉGIC CR£IT£ FRor£cr. REsfoR£ EMI8 INSHR Our woodland wtrknfftggroups IAve corbunyed to be very athv< wrth arnd 110 groups supporrin¥ our estste through thÈ tountries and regn5. The warden roles- Jr mott popuLir bntrworking role- haye a150 played an irnportant part in the12st year. Warden5 are the eye5 and ears of the TrusL e5pttialty OD our rDtsst powPdr siw and thw have never been more wnporunt dut to the thalknges cread ty increased food( suth as wik4fire rtsk Roles range anywhwe from tree atin% youth volunteers and woodland worknng youp5. to ¥upportyng ¢ampaThs. tree-health re¢ordirt& photoTrphy. and threat det¢Ltor5- to nam¢ bu¢ a few. W¢ ha¥¢ 41$0 creared neOrk of voluntttTS i• the tsst ytar.. wLINrf a(kntes to support our<ampowu and Strength our messy across the UL We couldn't do what we do without them. Thanks to you am. woodtsndtyu5Lor&uk
The Woodland Tru51- ETr3Ni Our commitment to diversity and inclusion (MT5 STKATEGIC INSPIR£ E At the Wtsodnd Tru5L we bel tTre deserves llave th liles enrKhed by trees and woods. We also trust the overwhelmifig ¢vth¢ thatgreaE¢r drwersiw and indu5ion tyjr workforce wil make u5 5tmnger, now and Into the future. Innuary 2021 we recruited a head of(hwern"ty INI ($10 reporn.ng to oyr CEO. to build on our existing ommitffleTrt to achieve the hjnz-term systenmc tharbge we need. Thts Is In dOwion fo a dN¢rsw and Inc$[0 thamp¢M) ort our board of rrusE¢e> F¢v mwe Infmfron visir Ur4ld .and4ndu5bOn. Thanking our supporters IMEEfs STRATEGIC AIMS INSPIR£ ENABLE) Our supporter5 are the life blood of the Woodand TrusL wlthout whom we codd not achieve what we do. We are the orr4nisafion consolidatifig thÈ w¢e behN .Mkd peo& and our 5UPFK•rter5 behd u5 we are stronger in terms ol policy infiuehce. It 15 Important for us to make space t¢ hear vtha¢ ¥e and saTrng about us $0 we ¢an resptsndladiusr appropriatety. The Trust is workin8 hard w shape decIs)r frnm a wporter pwspeart and we now have an incrÈ*sed wldersttnding ofwhat OW 5Wrter5 t and Dee Wewhok heartedlrf thank you. our SWOrte for everythinz you do to the Woothand TrnsL in whaTr¥er way you do IL Our rni5e underlirbe5 flM5. a5 doe5 our approKh ¢0 ethKal fUlraISIr< {5ee page 26). Together we ¢an make the YO for wo¢¥d5 and tree5 grow 5trw. woodlandtru5t.org.uk 25
The Woodland Trust- Fundraisi Fundraising Our approach to ethical fundraising The Woodland Trust M a mnber of the Chartered Imstiwte of Furtdraisin& whith Li the Dirert Marketing Association and the Fundraising Reguktor. AJongsid our hlgh srnndards. w¢ fdlow their codes of Fn¢ti¢t tc trsure that our fwdrai51ng meets the hLthest standards. and 5UFWrters have the best F¥)sSIb lenc£ Fundraising Is carrled out by our staff wrth 1P from the SJndrisry pxrth¢rs wih whgrn wt work We use thir fundraisers to help us raise awareness of the Tn and peopl¢ f¢) tcome mtyhbers tts support the long-rM financial sustainability ol woods and tree& In partKular. we have worked wrth one fr4ce•Wvf•£e retrururtg t¢)mpanyfrr a number ol years with the retsii005hip yow¢iry strorger over Their staff now regu&rty join the Trnst on site for traittin& and to get a better urthr5tanding of what the Trust'5 aim5 and 10 are so they can communicate InSh1 more clÈaAy. To protett and maintain the hh 5tsndard5 £e and the pubfK expEcL we ere that vofessnI1 fundrthrs recehe approvre training and adhere to our Polt$ and prdUitt5. with ParnCur attention paid to vulnerable peopje. AThd to check that these standards are "ftl rigorous mainuinrt w¢ Inonffor thE wality of oudx)ynd telephone marketing and condutt mywry thoF•kng wlth fvndrniws. I Woodland Trust staff, as well as the staff ol ourlundratsing partrher4 have receNed train8 on the implication5 of the General Data Prote£tson Rexulat5 IGDPRI whsth came into force in 2018. We 2ts0 tuly compty with wrrent reguLitions and guideline& unduwnned by the promise we mthe to our as Cthned below. Our supporter promise We promise ¢0 b¢ honest and traAspawabou¢ yow mmey goes and th we ask for dDnation5. We wlll Show you what a difference you ¥e makin& We 11 protecc your data We take our obfgations to kjok after your d# w sernuskl and never sel yOLtrr dats to third-party oryanision We will contact rnethods you have KI¥ PwmlOn lor u5 to use and ifyou wtsh to chanze the way we contact you or opt out offuture communKation5, you can ther comact our 5UPPOrt service respon5t team at any time or 80 to the permi5$ion$ Port a We are respecrful We 11 not put un¢thJe pressure on y)u to nuke a and ff you not wish to *Jonaw we wll respecc your declslon. We are accountable We do all we can ro ensure fundraise volunws and thir¢fv 3g¢nw w0rknnlth us comply with all fundraising regulations and this prom& WThere we work with thir&party agencie& we will ensure training 15 yowded and will mon¢tOf thelr work We wdl att quickty rfthey do not meet the hryh 5taTrdards we seL We keep in touch We wlll ay$ prwde easy ways tr you to ctyiiart aDd support senl¢e rwponse team is on hand co help and answer any querie5 you may hg¥& IFyou are unhaFW with afiythiry we've don< you ca# contatt us using our complainty policy. Wwe rnake a mistske we wdl apdo8i5e and do all we (aTh to put rt&hc and if we cannot resdve your tt•mplaiDL we acetpt the authority of the Fundrai%nz ReKu&tor and the Charity Comm) to make a knal adjudKation. woOdlanthrusLouk
The Woodland Tru5t- Governance Governance Strutture The Wootand Trust is a ch¥rty revsrered tmth the Charity and wa$, r. 294344. It b a company hmited by guaraThte¢ no. 1982873. and does not ha¥e a share Capll. IE hs ihe CoretIt of the W'srrar of CompxrTrles to b¢ ex•N)¢ fr¢)m the requirtmeni to u thE W¢rd'kn'm. in rrs narr. The Woodland Trust repstered as a cross-twder ch1ritywh the Olke ofthe CW WLitor {n SC03888SI. The Try$¢'s gov¢m¥ig docwnwi is irs MtynOrandW ahd Anid¢s ofAssooatiw and this ¢an be attess¢d VA our w¢bsitv. Thè Trust has two wholly tswned tradfflg 5ubsxkrieK Woodand Trust (Ehtrysesl knrnited (tompany no. 22966451., and Woo¢••nd Trust Farming rnId Icomplny 6319)7911. Gkn n8$ Farftng Limited {comp•ny no. SC4087161. was dormint and vns doled on 21 2021 The pmcyl actpiiue5 ofwoodland Trnst IEnterprise51 Llmtted are spon50r5hip and c¢JmMWc pyomotions in SUFVOrt of the Woodlaryl TrusL and raffle5 and the sale ofgood5 by rnail and Internet orderk WOOdd Trust Farrning knrnired undenakes tsrmihg on some sitts owfitd by the Woodknthd TrusL yofits dtsnad to the TrusL A summary ofour tradi substraAries' res$ appears in 19 on page 69. The trusiees have gken account ofthe Chany Comrkwon's ger1 Swidae on benefit when settinz our aim5 and otyective5 and in plinnirl our luDJre xtriitse5. In pxticular. the tru5tee5 consider hrnv pknnned aai¥iut5 toDtyitxrte tts the aims and objective5 they have 5eL The Board The tru5tee5 ofthe company. WIK) are the tharity's th'rectors and mEmber% form the W)odfid Trust's Board. which Is the or83nisaticffj's vkimate governing body. The trustees Prtide and the tharity- setting the viston. rnissirn and straw whh are ddNtred ty the chiel exe£uDYe and rheir tea Trustees rrlled w prn¥hJe the Sk15 and ere required to govern th? Tn To ensure wt attratt surrANy skilled ¢andidates, a£ncies are athttrtised and shordi5ted aPF4Kants undergo a 5dection w4Xtss. Rectsmmendatltsns for appointment are made by a sekctstin pnel thosert ty tht board ff"rs committee and raDfied by the Board. Once appointed och rruste¢ is provhled an Induct programme and training as appyowrdte Tru5tee5 are regdarly prtsvided with inrernal and external infOrmatTr rdeAnt to the Trust'5 zovernance. and make vi5it5 to our properrie5 and woods. A Frformance rleW ofeath trstee carrEd oui every ye¥. Trustees ¥e required E¢4 Yetire after kn years, but may offer thernSe up lor r¢4ppothtftn¢ for oh¢ fvrther wv)d offour year The twstee5 are re5pon5I4e lor makng surt tharre¥our¢¢s ar prudtfity and +yty in stspport ofour obj'ethves. for stewxrdship of our asser& and for ensurirq that the charity comphe5 ¥1 relevant le&IOn and regUlarth. The board OFerates a Confjxts of lThterest FdKy. A De(ratiOn of Interest l¢xm r4 completed annually by trustees. 5enKir management and fvndrri¥ing 5tsff. 3nd nvrt dKratiOnS are mado and recorded ar the start of every trustee commtee meeOn& The Board meets ¢wrerly to ¢onyder strnt¢gK twn¢ss and is s4ted by three Su0mMIte& The t#)ard affairs committee wmtes good gtsvernance and dfe¢m working ofthe Boar The finance coMrnit a5$4ts the Board ih irs to the Trusr's fAnCi It a150 acts as an autht Committee and afi Invesrment Conttee. Th¢ r¢munerauon committee has dde8ated [ver to lPFVe amual saknry reviv for the mar482rnent rn.. aFproving the UrjaI pay and corth1 and rleWI the pwbrn¥nEe ofthe ¢hiefexecu#¥e sen)r wcx)dlandtrust.org.uk 27
The Woodknd Tru5t- Governance management ttam. It atso deterni1r the process for rt¢ivin¥ the py and conditsons of aw other staff. The commiitee receviE5 the soff repre¥enotion group'5 anrwal rep)rL on behawol the trustees. and review5 the Trus¥5 gender-pay.gap rwrring and r•muh¥atv)n $uttrnenL A stheme ofrfelerauo which is reved annually by the Board, Sets out the detsd authority ofthe committhe5 and the princi1 officers. The commiELees are thair¢d by trusrees with a minimum Cf three truste¢ members. Committee meetin85 are also attended ty relefiht $off. Eath commiutt has decisions rdtified iy the Board where approprRte. The day.w.day managemenr rs delegated to the thexece and the sl0r managent ream. Trustees, remuneration The trustees ofthe company. who compTi5e its Board Tt recove any rermneration dur# the pen"od. The Woodland Trust purchases dernnity inwjrare to protect I[ ity Txustees and officws from bsse$ arisingfrom certain 1vrol acts. by its trustees or officers.. and to indemnfy them •pinsL their al Ira"11 ari%ihg from any claim against thenL Professional advisers The 8oard is 5UPPOrted in it5 duties by profe55ThMI athmers. A ht of the Trusts main kn1011 athisers apFear5 On page 73. Haysm¥inyre LLP has been reaPpOted a5 auditors through a re%olutyon at the Septhth 2022 board meetin& Members of the Board 2022-2023 8rbaN Baroness Young of Old S¢ty Salty Benthall Andrew Bryant Fay Cooke Stephen Horley lulLI Knitrts Bdony Nestitt james 0•e Mark Preston David &ddingttsn lulla Smithie5 knber Thiara Chri505tom05 knis (Charl {appokntèJ 30lune 2023) (appointed JO lune 2023) {apptynted 30 lune 2023) {apwntl 30lune 2023) Deuils tsftrustees. txptrn¢e and skdls can be louod Employees and remuneration The Woodland Trust has great ambtyns for the delv¥ of ro stratwand requires the re¢rnrDneni of hghthcalibre people to represent our interests. We rerd stsff fairty for the lobs they do and for fostering a positi4e won¥ enrOnMen( and we believe our 5zlaries and employwnt twrrs and cdIt5 rekn th. peop are employed ty the WoodPand Trust on the basts ofthe specfft they ting to thelr parikubr ro. For the Trust to run seSsfUl. a large range of 5kdls and ¢h5cme5 15 rwJired and we need to pay approwutety to ensure that we can recruff peopte with the rt S11& We also rttd to retain skilled and expert strff ITh specific function5. in a competitive market whEre skills are readily transferable to oiher orzanisavon% The Tr1 ffirmty bee¥t5 in (ryn¥ ro reuin staff f¢x the long terry¥. developing them artd berbefrting fr+)m thw growing kwledgt. Th$ in Yefven ¢0 the dwuption and expense of retrurtmenL especialty a$ many sttff have detailed know]ed¥e that is unwe to them in the and coukl nor be repbced. Our salaries are sec with thi5 min The executive kadership tram requires a breadth and depth of t¥perll5e whith involves drawing from the best senior level talt in a cornpeiityve rnarket They need to be ablÈ to t0rnrnd the re5pert of their PEers in the conservation and charjty woOdndtruS(Ouk
The Woo¢Jand Trust- Governance
sertor throu8h thwr experithce. ked• and proftsts and perso1 crèJibih"ty. the sm¢ ti, we seek ¢0 keep
senior management sakry costs at a proF)ortionaie ratr) ro othtr salaries in the orpnlsation. sakr lor the senr
rnanarnent team- the chlelexecutfve six decwrs- are aFvroved and annually by the Trust's
rernuTreratlon committee.
The senior marthg•wt te•m as at 31 May 2023
ChiefextV¢
Dire¢tor of con5eryation and external affas
A11 nker
Ch1 financial officw [leMI
Rjthard Mar5hU
rec¢or ol brand and communKatKins
Ruth Hyde
Dyettor of fiJndrai5iThg and 5UPPOrter dv¥elo[xnt
Karl Mitthel
Director of operathMs. estste and woodand oweach AhsEar Ma
Chief inlormation offx
Kathryn Doms
Trustees, annual risk statement
Robust ri$k management enab u5 to make Irthrn deci5ion5 and take eaknred risks for the berbefit of woods and
trees. It allows us to anticip and resporbd to chalenges in Ir cwjlex opernung enYironmenL
A risk managèment policy h35 been agreed and irylernented by thè tru5t¢e5. Key risks are r¢vved by the executN¢
rectors and recaved by the finance committee and Board. Mitiytin8 actlons are assyed to Inthwdua15. These acuons
reduce the Iikefihood andor Impatt olary detrnental vrfent&
The board ol trustees has r•iewed the kt/ risks for the Trurt sats5hed that the major rth have been idEntthed. and
processes for addre551ng ihem have been vnplenth. A ft)rTh l¢W tsf risk tskes place It b recognis¢d thr
any conErol system can pro¥ttk rw¢fibk, nor absolute assunrKe. that major risks have been adequatety
manapj.
The Woodland Trust ewS the mareMent of risk as an inte&ral dement of its strategt Flanr¥ eyaluatlon and decision.
Man% processes. IdentrfKd risks are embedded kn the IrDF4pJrentaOon oloyr stra¢egK F4an5 and our opera(K)r41
managemenc przetices.
Principal risks and uncertainties during the 12-month period to 31 May 2023
The prlncipal ri5k5 are those whith. wrthout effectye rrVe10. woukl haye a severe inpact on our wotk our reputation
or our ability to athieve our ambrrions. Oue Lo the k)ntterm nature of our work the Woodnd Trust faces a wmber of
Inherent prlncipal risks vthkh are coThsrant yw on year.
The bord of trustees has considered the imF4Cts of the prin(yal n5ks on the ¢xDTri5ation'$ effectty in acli¢Ying i($
5trawic objective5 and for woods Th¢ top sertn risks and their Mlatl are 5urnmari5ed
below.
Flnan
The Woodland Tru5t- Goyernance Our Climate Carnpxign is activety making the case for a pro-TratyJre aPPrch to tscklin¥ climate change with trees. We wil ¢ontinue w bulld rekntiomships and prtnerships with knndowners corporate5 and political deriyon rnaker5. We have the ablnrr to provide deli4ery options as well as generat Suppo inllJce other5 ar hold gtyernmtn¢ tts accounL We are rea¢hifig out fo audces. pAr[turIY the >Dunz and other demWKs currentty underrepresented in the environmentsl movemenL We will fLsien to our supporter5 and Ydunteers through rrnItOring feedback and survey maknng the case lor the deasions we b¥ed on thwr contri0n to the cawe. We will uphold our 5UPPOrter promise ind continue to wnprove our funthai5in8 appn)a(he> W¢ are comMitd to dnonstyafing ladership in the s•etor on enYiroNrnkl Ue5- and paruculady wood5 and trees- and to reducing our iMtt on rhe erOnmL We will work and report tranSrenty. keep s¢itr¢e and v4Oente at the heart of our activitie5. and stay abreast of the latest w-re4wed e4idence artd c¢)nsemtion at)d land management best practice- updating our 51110n5. polide5 and waaices accoroingty. We 11 conrinue w ensure our ethical and sustsinability pokie& and tsur ¥e% ar relletted in everyth1 we do. Comp•tklon for land and trtts We are laur¥ intreasing compeviion for land and lor trees. The need lor land for housiTrK and roadbuildin& farming and retrèa0 & maknng ir h¥d¥ tt) stture nd and 15 dn8 up the pric& &wnarly, the demand lor t•secur> peat-free trees will outstrip rfwt are ¢0 reath ourthi11 for 2030. To mitigate this risk. we have a clearty defined land ptan with acquI1n and fmancin¥ rnode15 which make us a5 cornpetitiwe a5 P055ible while spwding thari¢alAe fvnds wudendy. We can't reach our aMbon$ by onP/ 1% land ourselves. We are, therefore. in¢rwingly workirtgwth prtfi¢r% ndOWnerS and polity makers ¥•ith the airn 01 toUr¥n8 thern to protect and restore more &ytingwO0dL7Thd and create new tmoodknds ir4wd of the for oth¥ purpose& Our VK.an&lreL4nd.Sourcekn&Grown IUKISGI sundard our risk manage1 ttsd to help ensure our own blosecure and resilni tree suppty. Our head of tree sup WIN secur )ur tree suppty. Whi our UKISG businE5 de¥dopm¢nt manager will further bulkl supply de¥¢k¥p the sgndrJ f+y •yoforestry and srnnthrd rre¢s- where UKlSG-Certif supply very limited. Loss of trees to pests, d15easu and cllmate dban8e Experience ol ash dthck and other tree dwse5 past Yr5 hryhfthted the risks of inarfvertendy imporring tree di5ea5e on phnting stock Having an estate where tree deaSe5 and F5ts perri5L and an outreach OPEration which will encounfer these on thtrd.party lan4 there is a r¢k of our acDwrw beeorning the vector for a pest or thseast. Clirna hange and COmnILl0n$ of local cfimatic 1# aft incrr¢ impart on ld$e re%iliÈnc4 lrtduding ort woods 2nd trees. Our swe on bthecurrty is ¢lw. We have a treeWOCrn pdity of UK•and.Ird•hd4ource&and.Gr¢)wn Mater1, as avoiding imports rethjces disease rtsk We have prowcols to maintsin biosecurlty lor staff who move ttren 51tes. Trust staff continue to monitor rree health and potenrRI th5ease rtsk and detect ind reac( where necessary 2nd P05sibl¢ to new threats. Our iThy0fverTht in the Observatree partnership 15 recozni5ed as assi5tinz detection and moniwring of pesrs and d¢¢£$ mort WÈ M¢¢ura8¢ corpordtt consrd¢r pknt health ri5k5 that might be a$sociatd with ther buwnes$ a¢tytie& The Tru5t41so funds re5e¥¢h into the impaus tsftret diseaR and a'trets otstside woods. stratw has been dewed to tatkje the lanowe impaa ofash dieback We continue to pres$ for Improvements in .¢)SeCuri protocok and rwkntion To Increase the re$llNCe of lanthcw wot>ds and to ¢limate we lo¢¢1te for a¢¢iYe wOodld managemert - with greater protection and resroratioTh of wooded habitsts. We promote the use of a whler range of e specie5- Improvinx 4e and strtural dNersity in woods to make them resifnt- and will reduce the nerdtiye pressures already on WOs)dLind aThd trees through direct delw on our e5ttta work with othtr larth¥mer5. and our lobbyinK and adyocxy work Intrnal capatslllty and waclty Our people are our grea1 asset Ind ih a mvker w¢waw to b¢ ar of choice. peoplealso need the r tools and hcilitses to do the job well. There is * risk that we don't have the riht people or resources (financial, technobyal or otherw) to delw tyjr Strategic airrs arKVor that a lack of leadership and management mean5 PEople and r¢sour¢¢s are POOTty deoyed or supporred l)Jr 5tratw ambiiious and <ould to people over-workin& We have an as$¢xkl dirKtor of Peop leading our people straw. with key strarth on wdlb¥n& ternal ¢ommunKavon8 recrubfmwt and reTrnvon. and dr¥er5ity arLd inc51n. Wt the Inve5t*X5 ID People framework a5 a woodkndtnbst0uk
The Woodand Tru$t- Governance me£hathism to idenrfy ongoing irry•r(wements to 5UPF#M our FFI& and we SUFWt our stsff representatth group to ensure tWo-Y c¢)mmunKaiion. Robusi yo¢esse5 for wioritksati¢)n are bty.ng devebped, an¢5 our operating model is under revlew. We are undergoin8 3 translorrnuon wosr•mme whh Includes ¢¢thnolty&Y uprades and adoption of new thotal tools to support ¢wr PEople in thw work Harm ¢0 a person or people The Board holds the health. safety welttjeing of 5tsff, volunteer& C+tratt0r5 and as a key prhxlly. organisational Management ot4e(tl¥es strfft to MTrU1n the bpst PO551b s>ndards gfhelth and safety. ThE Woodand TNst alx) operate5 a 53fexvarding F#)ky to protec[ ch4drwK younR peoF4e and ¥dnerabbÈ adults who with us. We try to avowj reStrting visitor access tts our woods thi5 ngh¢ people's ofwoodJand- and o own am ol inspir% them to value thls yeci(w natuTrl rtsour£ To enable this. the Trusi is an acth¥e mwthr of th ItLWtty Group IVSG). the Forest IDdu5tyy Safely knrd (FFA) and the Safety Ner The VSG write5 the Health and Safety ExectrtNe Apwoved Code of Practice for man¥ing wsicor safety. and since tkcember 2017 the W¢dknnd Tru5Cs head of health and safery is a member ol its manwment board. Followlng the guidarK¢ se¢ by the roups the Woooland Tntyt aim5 to manage its slte5 with targeted safety Intervention5 (suth as 51gna8e} where risk assessment 1$ us it's necewry. We okt a pr•gmiD¢ Stafi¢e amd expect 51[or$ to tske Some re5ponsikn"h'ty- and reasonable rwsure5- to enswe thelr own safety. Durin8 2022n3, the Woodland Trust (arrkd oui ws SchedUd exrernal safery audL The aud looked ar 1 aspecrs of our heakh and safety management systrm and standard5. The auLlt coTrduded that there was an outstanLlnz health and safety culture. bcked up wrth pprowate trlining and exceknr irrWemEntstion ofVSG prirKk Polltlcal de<lslons have potentlal n¢g¢l¥¢ Impacts for woods arrfl trees and ¢)w work Enwronmentsl i55ue5 face the challenge of increased pditKal Cern ItJt the costs of actn- especialfy with rerard to climate change- while insufficient attention is "[18 accorded to the natyre amid a rar¢e of competing policy priorioes. prti¢ul#rty VAre per¢dved t¢ be in with ¥tas sh as ec)norrri¢ growth and housebvilth"n& This jeoparty is exxerbathd by incomF4ete imF4•nentstion of F-Bre¥t and vIrornetll governarKe rewme5. We will continue to mormtor and resnd to FK•lti(al and economic trend5 as they evohe- workng woactiyety and colaborativety to hold govwrLmen¢5 to x(oun¢ on comitmeots not w kywer Protett post.Brexit- and to secure priority le8lslati¥e and pubfK 1£y10th (Inth¢th"rbg boosdn¥ and broader lunding for nauve ee$ and woods). Demonstratinz the a"lity of wood5 and tree5 to ddwer acr055 a wpJE range of government policie5 i5 central to thi5. In the run up to the forthcoming UK Generl Election. thwe will k he¥htened coafiuon attmty w b0051 understanding of the ImpManc¢ polwf Ieathrs"P on the bvrnnmenL the pu.$ demand for th15. Responsibilities of the trustees of the Woodland Trust The irus¢ee5 are responsible ft)r prep3riry the report tsf the and the finarttl sum¢nts accordahce with apphcabk llw and UK a¢couniing StdardS {UnittiJ Kingdcmn Generalty A(ceptJ Accounw Pratticel. These gfve a trne and fair View ofthe State ofaffair5 ofthe cornpany and the youp as ai the ofthe tnc peri(Ml arkd of the sury4u5 or deficit of the ComnY for that period. In weparing these $tatennts. the tru5tee5 are required to: set suirNe accouniing polKies and aFvty them tsten ob5erwe the methods and pn.nciw in the Charths 5rarement of Recom PractKe make judgements and esvm•tes that •re rvJ$054blÈ state whether applicaNe UK Accounting soDdard5 ha be¢tt folbw¢4 subptt to ahy deparwrÈ$ 45$¢d and explained in the finanoal Stsmts prewe the lr7 ststemeM5 on the ng c(¥Kern ba%14 unltys li is ir4ppr•pr4te to pre5um¢ that th charKatA• tompany ctsntynue So fdr a5 each ofthe trusw is awar¢ 1 the lknÈ the reporr ts appro¥e there is no rdv4ant informaiion clwhich the c¢Nry3rrfs audKors ¥t unaware they haye taken abl steps thatthw OUKht w have taken to make aware of rekvant audit information and to e5tabk5h that the audor5 are aware ofthJt iknfi. woodlandtrust.org.uk 31
The Woodknd Trust- Governance Companies Act 2006. They are a150 re¥nSible for 5afeguardin8 the assets of the compny and ft4r raking rea$0ble step5 for the preffttion and derecutsn of fraud and other Irregularityes. The trustees have taken account of the Charity Commiss'S guth¢e public b¢fi¢ft when setung the TrLJt's airffj and objectives and ptsnning our future activi In rtiCUr. the trustees consKler h¢)w ptsfin*J icty)ues coN¢ribuce to the aims objeav¥es hyt seL The report of the trustees whKh irtrcorrateS the rÉvUirts ofthe S[¢8 Twas approved ar aUthOred for i55ue by the tru5tee5 on and wed on their behaff bf. Bar¢e$S Young Oid kone Chair Dat 23.9.23 woodhndrru5Lorg.uk
Tht Wo¢)dand Trnst- The environmenttl im The environmental impact of how we Crea a UK rich in native woods and trees Introduction S1 on the impory•nL pwress made by the Trust in recent Ye >Ear Saw the finali5aDon afid endors¢ment by our trustee5 of aTr arnbitiou5 lW SuStai1rtY Styatw. ak)nz SO imporyant anatyst5 w e5r¥Wi5h a more ho115fi piuure of the orlyon impacts ofwht we th) and how we ¢ks IL The SlIe&¥ introduces a hyh-tevd organi5aDDnal respon5ily.lty frammirk for understsffi&"n8 and wocDvdy Man8 our sotial and eTw¥onmental responsitrAlities and impacts and whKh sets oui oJr for a susrainable Woodnd Tnts£ In 2030 and a more 5y5temati( approach to susoirRi¥li¢y in governan¢¢. d¢osion rnthng and reporonR across the entireTru5L We have worked with envirmmenol susoiAalx'fity Èxp¢rL% Lo b¢tLer undersuThJ and anatyse our actNi, and used Woodand Trust datasets to help us focus more on where our impxct ar poieniAI Influence are greatesL We have Identified four prionty focus area5 for the Tryst Ovtr the p¢n"od of th"s strnteey. dimate actiorL resource use. resihent emronments. and fiving system5. We have made good prww across these thts year. as oft¥¥o programrnes that will be key prtieS for the Trnst over the next three-year P0& the clima POtive progrnmme and the Sustainable Woodland Estsbfhrnent woyamrr Wt wil also be focu&ng on Ik¥dop"n8 and implewenting the syste. pro¢es$t& skn.ls and undÈrsDnding internally to help k¢¢p Lts on track We build environmeTrral susrabnab.fy into deci%on-Trkin8 processés afid $y$M$. as wen as enhancing our engagement wbth inwnal ind exrernal stakeholders. reFK•rting transparently on our rna%1 impacts. sharing our experri3e aro lessons leamed to infonn poly and and on the learn7r and prnai¢e ofothers. In thts report we include some ofthe emtry"n¥ draft findinF from our work to wderstand the broaJer ¢arbc+n impacts of our acty%1t$, beyond those that we ire currenty rewired w report on. Thi4 Include5 e5umates ol rnore of our kope 3 greenhouse gas emt5510ns and how the3¢ arne. as wel as esomates of the carbon 5eque5tratyon and storage impa¢¢s of our tree and woodland prowoon, re5toratiw. and creaiion work Funher deN15 ofthese aCTreS and ofour su5uinthlity strntegy and work be found on the Woodland Tt'S Web. Cwbon emhslons: thjr tota Scope l and 2 enssi¢ns for 2022-23. olcdared in accordarKe wth the GHG Prottscd and in afignment the Streamlined Enew and Carbon Rew)ring GdartCe 2019, was 552 tonnes Cthe. Althtsugh this is an increase on last year's emission& we befv¢ this llrgety be aCErthred Eo rhe return to more Standard working patwns post-pandemic and. Iherelore. a fflore realistic tompnson for the 2022-23 year than rt would be a9$1 the 20119 arld 20120 year& we wwe a rrwth ww¥5aDon. bu¢ a nwjth bigger lootprint Icir as WÈ opÈrate sites across the four nation5 of the U often in remote kxauon> In rhe long rerm we hope to ygr4ficantty decrejse th¢se emis%ons wirh the coniiTrued electrification of our fleet In the last year we have sKcessfully rol out 10 EV5 IoLbt of a total of 170 ¥ehicles). In addition to taking on a fvrther 30 EVs- the knpact ofvthch te relbett¢d In th¢ rw r¢porn"nz year. Ener8y: LaTzety drNen by a tOrted return to office-based worknfi& we Saw a IO% incrvs¢ in our de£triciry consumpoon from last year. with a tarbon e$siOn figure of68 tonnes ofC02e. De thi5. we are akn confident that we haye limited this increase due io measures implemented in the h5t year, including a tch to LED lightsng at our head office to lower our ener&v consumwi¢yL On th¢ other hafid IYX gas corfjumptKJn kst ye¥ signifcantly Idl by 40% on 2011-22, from 22 tonnes of co to 13 tonnes. AJthou&th we bdve the Weou$ year's consumption was likety to have been uncharacrenstically high with lower thah usd effioencies to cOmY wrth pandemic-rdated regUtn$. in the fuue we #im to sustain this new knver level of ¢omsumpo"ofi. In dthtion. we are currently undertaknng a feasibility study conyder what lurther chngeswe can make our head offic Carts Intnslty ratlo: The intens¢y ra oftonnes Cole from vehicle use and enery CODSUrytrb per staff fvll.timÈ equvalent {FTEI wa$ 0.98 ronnes Coze per FTE- up ty 12% fr¢)m 0.88 tonnes Cole in 2021-21 However. the long-cerm trend remains po&tiv¢ when compared wth the rrwe comparable 20120 year OFrational temis a5 by 2022_23 we had decreased our reponed nissions ty 20K Thi5 was despre staff FTE by 15% whKh re5vknd th a 30% decrease in Jr carbon in¢Ènsrty rarkl. w(>)dEandtru.ouk 33
The Woodland Trust- The environmental att lune 2022-May 2023 tonnes June 2021-May Z012 tonne5 CO.e kwh kwh ¢OnSuryip¢io COn5UnlPtion VÈh5tlÈ use 4n 1.649.304 419 22 70.020 315 2.269.698 Eleclrfcl Tor.)I FTE 298.018 1.065.063 553 563 504 573 ntenslty ratio tonnes COThe 'r FTE Additional carbon reporting Carbon emhslon¥: Our annual urbon ernK)n$ reporrin8 w date has prknarity locused on e1 ConsunvOn crws our estare. and WoodlarKI Tru5t-gwned vehth (kope l and 2 Wi55Knsl. year we took the f¥st step towards • m•re comprehethsNt and holi51ic a55e55mWit of carbon vniss¥)n5. beyond typic carbon rePtsrng requlrements by tonsldertng a range of addition poteTrtul emFssions source5. irKluding travel, horne worWn8 purchases and uumes, Potenti to expand these categtiries even fvrther in the fuwr< For the first verslon of th15 mcre detailed carts¢x report6n& we hyt Ltsed 2021122 as the basdine yw. We are currenty working with expert consultants to Ynprove the quaw Ind ccArpl&)ess ofour dau and rw•vin¥ our collecw)n sy5tern& frwuency ol reporting and proce55es to better measure and report our pTrnCe ih luwre years. E#hnol•d ICO •vi/i 23 EV 9,842 tCO2e 421 Carbon removals annual rarbon balance: In add1D0 for thE fir5r we also undertook a strucwred estlmate of r¥rbon stor34e and anvOted lutsjre carbon sequestratyon and In woodlands owned by the Woodland TrusL WÈ are (urmdy wothn% to fill x¥ne ky 8¥s in the data and refine tyjr derPnl assumpdons and estlmate but ety 1ndkat1ti tre that existing woodknnd across the WoodLiThd Trust estate lexcluthng woodknds created the Wcodland Trust Woodknd Carbon sthemel. Is estiNted w have rtmwed at kast 5Lx t(¥ seven times more carbon than was emittod 2021-22. Whlk these wbon removals do not meet the addnllY requlremenu ofstand¥& suth Is the Sclence 8ased Targets InlrAtwe158TII currently open for forynal use by CWPOTates). it PdeS a first estlmate of the potentlal stale of carbon benefits ol the Trus¢s prot¢ttiw. re5toraEK and creation athtye5 wr own estate. As pr0$ Ment)ned. for the first version ol thls more detalkd crbM rw•ryin& w¢ ve Lt5ed 2021n2 3$ the baseline year. Ow aspiration is to be able to estThate and report on how eath dthese is contrbupng to our anrwaF wbon balanry. and to the UK'S commitrnent to N•t Z woOdanthru5LoYk
The Wotrflknd TrLfyt- The environmtntsl im att
Annual carbon balance.. Calcula8 both the vnt5sions of the WoorfAand Trust and the ongoing removals as part of
the orgarbi5ation's e5taEe is a c(¥mrAex yocess thai continuousty changes as woodnd5 rnature and new woodands are
created. However, throu8h the Th0d01es developed and dehned throuzh this 15 sSib to Pde an
dKatNe estim olthe Tru5¥5 orbon ba1ce %r05s al 5ttsPES aThl Carbon remo¥a15 for 2021-21
WhaV$ next! Fuwre work (over tht noxt three years). will seek to lryrove mthrsuhdkn& and orget our
efforts and resources effectN and effKientty, ty. for exam
Imy0nI colleuion and 91
Setting targets to define and conynwicate with respect to rethjong carbon emi5wons and
increasin% carbon sequestration
t>evebping decarbwi5auw and pthvAys w c1)ordi aciion
Eyloring how we ftN8ht estimate and repwt cffi the carbon removals and emi5sioThs from a w•ler Mge of
hatrA'rat types acr055 the WotKland Tntst estaw as well as the wAÈr of limber products
haThested from the estate.
Wider sustainability measures
Wst ActTr recycling i% aCe at cur offKe& induth'ng our hèad office in Gran#M. We recyc the m)orty of
our head office v4ste, sefferdting across e¢ht Ithrent waste stream& wrth the general waste (for example, pap¢r
hand towels. ti5we& sc4led lood patkanl gwto tw retow. In 2022-23 we achieved a 99% dwersiofvtrom.
ndfill rate from our office kKaDon&
Water. Largety tri¥en by a transrtthed rewrn to t)ffic&based wtrkin& we saw our conwmption
increase by 6% in 2022-23- coftsuming 1.069 m3 up from I. m3 h) 2021-21
Resourte use: There nghty much treater awarent55 and Und1¥nI ofthe negatrrt ImF4US of
three particular rE50urce5 whith the Tntst currendy uses Ymthin some of land manatement xrivitie& and we are
seeknnx to reduce Jr use ol these in a riety of ways- mosi nooljy the form oftree sr0$.. as 2
tree.gr7ng me£bum by some of our Suppr nurwiÈ& and ptstitide& noblY Oyphosate. as of£reatn
Tr¢¢ guards: Building on com1ubnt to stop new 5use F&stic tree DMrd5 on our esta lasi
year, frOmntsary 2023 delivy Orar schools and communitie5 aPFIn8 for fre2 tree pxks are fiow sent
up8ated guthnce on how to tAant and care for thar trees. rather thafi bni sefii F41St pro10 as stsndard.
Th¢ Trur curremty has (our PrtiC.free proteth.on alternatives trial acros5 MOREwtstsd& Tr¢¢$ br your
farm, and other re¥+onal 0reaCh aci¥ity. For SI to effeupidy these prtsd as a FArr of the Trurt's
der research projec( there are certyn con&rtion5 whh must be meL li1$ lyso essential to manage
expec1aS wKh the lJn¢knvner. i.& that these woducts I 5vII in fri and may perfomi as expec
Through MOREw¢xrfM we ire now also starring to trial fencing tyi a smal percenwe of sites to expbre an
alrnatwe method of protectwytrees Irorn bron$ We are also workin¥tO Fovide lanthswner5 wth betr
guidan )n r¢ducMw use of &nIle4e plastics.
Peat: Peat imporwr for wboh sw and bk)di4ersty and rvnaln5 a coMn 8rowing medium amng
commercial nurseries. For the 2022-23 Season. the Trust purchased S.4 rnilh.on trees on contracL 98% of which
were grown peat-free {the same as in 2021-22. Iwt Si(1ndY up from 43% In 2019). We are committed to peat
removal from our core ¢¢ntra
The Wrsdland Trust- The environments? im due to external fattors (for emF1& inffess into our sites). In 2021 phosats was used across 172 heewes of the estste- or les5 than 05% ol the e5tstr area- u5inK 370 litres ofthh05ate corKentrate compared to 350 li(r¢s In 2021- a 6% iti¢rea5e However. 2022 was the second lowe5¢ annu use recorded since we started reporting our pestiode use in 2(W. wNh 2021 the k)wesL These gures c¢)mF4re to a hh point ofover 3,000 tre5 Used in 2013- almost 10 times the present usage. Systalnablllty straterr. Sustairthity i5 50methin¥ new to the Woodknd TrnsL It rs at the core ofour wrprjse. and our new svsrainabiliy stratey Lwik15 upon these sold foundairon5. A% we look forward to 2030, we have made a strateC commitment to enstsre tht th¢ WOOdr+ Tr1 4 a re5ponsibk iK¥ines5 thar i% an exenr in social and environmental responsi"1. whom responsible parrhers deyre ro work Thi5 i5 considered holisticalty through the Woothand Trust'5 sustsinxè41w frarnework that conswjers three w"IPars.' l. en¥ironmenul resportslbility. Z k)¢ial responsibility. and 3. re5Frf)rwble governanc& internal 3&eM£ and eKternal re¥. these p.lbrs were ftjrther considered under 12 tlme For tyjr priority theme5 we have develoFd Fryrammes of xtt¥iw, wth Kry Performwe Indkarors (KPIS) w trydck progres$. These environrnental themes include climate action. resources resdient eMronmwts and Iriing sys¢e We intend to improve direct and indirett acuorfj as well as the artions of our suppliers and rers. as pArt of our wlder advocacy and p)licy dev¢k)pffl¢nL Th¢ fdlowing principle5 dri¥e all of thi5 worlc transparen( accountable, hdistK acts0nMenttd and a& External certifications This yearwe rwed our Straf¢P¢ n¢tds frtyn * indeptyth su5tainatxlity and how this cin corrprnenC our bng-stsThding commitmenr to the recOlsd fores¢ sustainabilrty sondard of the •Fore5¢ Stew7rd5hip CouftciD {FSC l. This annua Yenfted coryhKe ol the ol our ev through independent audit 15 dirett rEspon5ible for some of our e5tabli5hed sustainabifrty reportin¥ criteria suth as the FeStKide use deulled above. We we the first large kndowner fo have rtteNed FSC@ certIfKat IDr a Colnu0$ Of0 20 year5. and th5 year we suc<essFully underwtht a full fvtrye¥ly rndeptrKknt audiL Further informat)n abtsut our sU5unabifrty workcaTr be found on our wthi * Most Woodland Trust woods are certified to FSC@ standard5 ty the kn"1 Assoc#tTr. Ask us for d*iis ofour Certthed wood5. Certrficate number WFMICOC4Q1270. Licence ccrfle FSC£00940& w0od13ndwust.oUk
The WoodPdnd Trust- hnanciil review
Financial
review
Financial summary
Contknued supp¢vrfor the Trusts pwpose and obi¢uiw resdred th thc
The Woothand Trust- Financial review Our Corpora prtners and th¥iublt trusts contirwed vthed 5UFWt ty contribJtin8 £15.9 mIln Q021n2.. Ll 1.1 million) of income. Corporate Nn5 Clude SnSbu LW5 Groufv NItVJn lIdIn¥ Society, Prem>er Paper. The Bo¢ty sho and many mor& A fijll lilt tan bE found in the annual review on tyjr Twebsite 00d11 Without the support of all these contributors we w0d not be able to the prot0 and support needed by woods and trees au055 the UK. We WO kke to thank all our for gen$ contrlbu¢iors. Expenditure Ofevtry we r¢ceNed in 2022n3. 86p (X+21lli. 88p) went toward5 our charirable otiectives. Th amount ttateS year on year. ¢kpending in parri¢uJar on how rnuth we spend on tw'ng wc&5 and larKL We aim to spend no than 75% of our annual income on our chmable acrr4its¢S. We fed th15 percenrage enables us to detiver the $t fuwre 5er¥ice for tyjr prec$ trees and woodknd 2022n3 202Y23 2021122 Expendlture Bw T¢xal £m Total £m Costs and tand Creatlng new woodland Included in thE5e costs tree pkntsn£ on a natK)nal scal& preparing sites for plant6n& and holdlng evenrs that albw people ¢0 ensw in planvn8 acti. 52 31.3 40.2 Restoratlon of natl¥e and an(iert w¢)odlnd Site dearance for natyral regtheraty4. tynbEr exrra¢rioA. atce$5 for visitors. and rnaintenance 15 duded in these c05 16.8 18.0 ProtsctlTri anclent trees and wood* lrtdudes the r•noV of invasryt pknt 5pecie5. tree 53fety and ecolo•ol 511rw5 and assessments. 15.2 53 Gon•ratlng funds Tool co$rs 69.5 81.4 84.5 wwdlandtrusLor&uk
The Woodknnd Trust- financ1 review 2022n3 Total ¢xwdiwre u21121 Toial 20211? of Expen&wre (Xl exw¢th"ture Creatln8 new woodland Included in these costs is tret pLinting on a ThatnaISca1e. preparing s)tes for and holding events that albw peoplE toen attiYitEs. 31.3 3&4 40.2 47.6 Restoratlon of natl¥e and andent woodland &te clearance for natural 8x1 21.4 and access fcsr visitors and aintenance inth¢Jed these COSts. Prot•ctlng anEl•nt tree> 4nd woods Intludes the remo¥al of in¥aswe plan¢ specie5. tree salety. and eco1(al surveys a55essments. 19.0 Generat+nB funds Total costs 81.4 84.5 100 Spending on our charitable objectives Ihdudtd in our chariEablÈ obJ"ettivÈs is the purdwe of knd ro •ther (reate or restore wc)dknd. To purchase wood5 and land ar xate costs millions of p0d$ and there 15 a lot ofconwtbjn from elsewhere to li for uses other restoration or F4anting tree5. This means that s(¥De¢ir kn $ onty * shtsrt PtrK)d ofttiÈ which to rni5e the fvnd5 requred To ensure we 4r su¢c¢sshd wheh we find woods land that k ow we use a of difFerent apwoa¢hes'. Wherever p0b we negotiate an Opti to Ixy tl lafid withMI afi •4rd time fr•m¢ n¢eded ro rrise the lunds Somerimes we work wrth partners w0 T•A bjy the site on ow L%hiW4nd we timE to rai%e rhe fub)ds to py them Spending to generate funds Atotal of 111.4 million {2021ni. £io.I mdlon) w45 sp¢nr durry 2022n3 to ent4e vs to rthe our fvndrai5ing cOM inyestfor luwre and ensLrt that wopriite corrtrots and p)vernance were and strengtherd. For ery £1.00 spent on fvndrrisin& we Ased £5.44 in rthrn. Ineluded within fvndraising costs ts the cost of reuuiting new iknor5 and adnini5ring 5vpport¢rs' gn¢rous dc*nations and membership subscriptxjns. Also induded the c05t of the vrul we recefft from teams such as fanC informAn techr1¢ and human rey)urces- ¥e4s tha¢ yovidè the supwt gOvernCe needed to ensure the charlty is run in the effects¥e way bI Net intome Nrt income for thi5 period was £11.5 Q021ni. £65 mlklnl. wOodlandtru.org.uk 39
The Woodland Trust- h'nancrdl review Reserve5 The Trust's reserves pory to hold free reser¥es equwalent to around srx months of budxeted unrestricted expenditure. Thi5 target of Six month5. cover sits within an opernrKnal band of fvt w seven months. cover and with a minimum limr( of three month$. cover. In recent years the Trust has Jooked to urilise free reserves in delryery tsf the cause However, in view olthe curren¢ thallenging ec¢)nom cfimiw we will be aimin¥ to achie¥e baknced d%¢ for the Coming lert ytars and to hold free reservts at tht knl. the end of 2022n3. reserves totsId £191.9 NMlJw)n P021121. £180.4 million), of which £124.2 million was represented by wood5 and Lind (2021ni. £113.2 million). wtth r¢striu¢d funds and tndowmeTrts being £27.6 million P021nz. £31.3 million) and gentr31 restr¥e5 of É34.6 milKn (2021121. £23.2 million). The increase in our woods 2nd larkl was due in part trj the eantirKrd 5ucctss of i)ur lraising and lonkterm Partrr$h ReseThes as at 31 May 2023 £191.9 million as ar 31 May 2022 Total reser¥e5 General funds Desiguted funds Free reserves £0.2 mi+ £7.3 Tryllion £34.6 mirn £23.2 nyllion To Restrkt•d funds £19A rnillion £22.8 nullion Assets Flxed assets £5.4 milion £5.5 n¥llion Wtsods and land £124.2 milion Total £129.6 milK•n Endowments £7.7 milKn £8.4 rnillion Total reser¥e5 É191.9 milK)n 1180.4 niillion Restritted funds Restylrted fvnds ¥e dert¥ed from lega¢ix d¢)That1 and zrants vith SFocrfK COrK)S atra(hed whh we airn to tomp •Ath as effectsvety as tx)ssk SC+ these fvnds <ah be to achive our aimk Permanent endowments These represent tsnd5 given to U5 wlth 8Lts ofwoots and knd under r¢quirM)g tha¢ the fvnth are intended to be permanent- to income for fuwre manarn ofthe5e woods and In cir¢umxarw some ofthe ornal capffal ¢an be expended. Unrestricted funds The unrestrtcted funds are av4th1e in order to achi our strtw obie¢ir¥u. They arise frorn unrertrKted lelac donatlons from fundrai5in8 actNities and from any rewjbnt Su¢$ generdtrd from our thy-tfyday operations. Free re5erye5. a$ defined by the Charry Comrni55iorK are unrestricted reseThes that are fre* avaikthlt to spend on tharitablt purposes. At £34.6 miuion free reseryes rePret I I mThths' worth ofunrestricted txpenthiture as per statutory counts as at 31 May 2023. Thi% i% wthin th¢ ¢argtt range ofthree to 12 wnthS 01 budKeted unre5thaed expenditure set by the finance cCMitte w¢)odlandtrUsLor&[
The WoodLind Trusi- Rnanc•l review Investment policy and performance We contiiue to operate an ethKal irh¥estrwt FdKy when in¥est¥ry eThdOw and ndS in lowterm porrfolios. The poW enab5 our third.parry in¥e5tmvbi mane[S to ithnufy thl awd ¢<npanies th¥t have any otrNh)us confiKts ol irttÈrès¢ bEtyveÈn thè issues eorttrNr¥ us as defined in our ethK21 polKy. and the 0ectives11CtyW0e5 of any company whose shares may be a£qUed for the purpose ol inve5th1enL We woukj not expect to trall5a¢t with eKynisathons invdved in the loss ol an(rt treos and wooaand. for e¥a Total inve5trnerts are £38.7 rnilln olvthich £14.0 mill t5 hdd ITh shorr-ferm 44)osiL funds., and 04.7 milfion as lonK- term ft¢nd5 which are held with two proftssiohal i#vtsDnenr managers. Short-tern) deposit knnd5 are held in banks or buil(fJng socieoes that¥e authorised to carry tyJi busirth in the UK and. where rated the ukimate owners have long4erm ratin¥s ofat least A3 or A. by Moott/s, Standard & Poor's or Fth. Vkn unrad. they are ayeJ by the trustees. Each Ig-terM ibwesDwt P0rd.0 an obiectsve of optrt*sry revm subject to aTh acceptable ol risk Performance Is nw)nitored agains¢ tsilored benchmarks as weed with our inve5trnent rnxw. The benchmarks are Con5uffjer PrKe In&x (CHI 3.5X over a rdling fve-yw to erre that bng-terni tottl rewrn above inflation". and the ARC steady grtywth which is specrfdtry deswed for charxy trustees and their athsers to assess performance aplnst a realis peerzrou The toul combined Innual return for tyjr inestments was14.1)% a8ain5t kn¢hTrrk5 p$ 35%. of1112%] and the ARC s¢eadyyowth index ol [(Z6)%1. Against * baCknd of economic ttlence arml hi infiath)n raw the value ol decreased by £1.4 million during the12-mcffjth p(2021n1. net &¢r¢#se ¢1 £12 Mill). The Trust's porrf0fS are invested lor the long term and fluttuate yw on >w. the experya0Tr belrq that a p)5itr¢e rewrn. woodlandtrust.org.uk 41
The Woodland Tru5t- Auditor'5 re Independent auditorfs report to the trustees of the Woodland Trust Oplnlon We have audited the fiTraTrd sratements ofthe Woodnd Trysttr the ye¥ ehded 31 May 2023 vthich cornpri5e the consolidated Statement ol fin2n(iil c(iViTies. tht group and prt chary baknce sheets. the consolidated cash IN)w statement and notes to the fmantial saternen irKluding a summary of significant acctyJntrn8 pohcies. The finan¢ial reporring framework thar ha5 been appk'ed in their preparauon is applicable and Uniced Kingdom Accounting Sta#dard5, including h'rban¢ial Reporring Standard 102- The Financial Reportin¥ Standard appli<•ble in the UK and Republic of Irehnd (Unld King&)m Generally Accepted kcouniing Pra(ticel. In our opln)n, the fInW statemert 've a true and fair view of the stste of the 8roup's and of the pAt ch¥itae company's affairs as at 31 May 2023 and ofthe group's and pareni chullabie companys ner mov¢nl irt fvhdk ittduding the corne and exndItr< for the year ended.. have been propeth prepared in accordance with United KInorn Generalty Accepted Accoynting Prae¢ice', and Ye been prepared in accordaKe wrth the requirements of the Companies A¢t 2006 and the Charitie5 and Trustee Intment (kothnd) Act 2LK)5 ind re&Ub¢n 8 ofthe Chariw (knthnd) RwLitions I(. Basls for oplnl¢Jn We ctsndutd our audr< in accordance with International Standarth OTr Auditing {UKI11SAs (UK)) a#d hw. Our responsibilities undw those standard5 are fijrther described in Auditrfs re$w$11$ ftsr the audit of the fmanckil Starnents secuon ofour rwrl We are independent of th¢ groyp in accordance with the ethKal reqUernents that are relevant to our audit of the firt¢111 statenn15 in the UK iTrctuding the FRC'5 EthKdl Standard and we have [Vlled ow other ethical responslwiues in a¢¢ordan¢t these requirements. We bel that the audr< e•lden¢e we h¥t obtained Is suffi¢nc and apprt)priate to wide a bui5 for our 0[xn. Conclu51ons reladn¥ to Fln8 concern In auditing the financial statements. we have ¢tyKbJded that th• trustee5' of thezoing concern basts of tIng In the 8a¥ed on the work we haye pwfwrmd. we have hlenofied any materd uncenainti¢s renI to events or conditn$ thaL IndldUalfy or tolknwe. may cast th)ubt on thegroup's abiliw to continue a5 a 1£ concern for a period of a¢ 15t months Irom when the financral staremenrs art authori5ed for i%sue. Our re5ponsibi1th5 and the responsiè4'1ities dthe Mtee$ wqh r¢sprft w gtyng ¢on¢ern are described in the reknnt sectiorbs of this reporL Other Inform4tlo The trustees are re5ponsitAe for the other informaix The oth¢r knformion ¢ompro¢s th¢ inf¢rmh)n included the Tru5tee5' Annual ert Our OFrfnion on the firAncMI sratemenu does no¢ cover the other lnforThRt and. exceptto the extent otherwise expfKitty Slated in our repo we do noi expre55 any form of a55urance corKiusK>n thereon. In connettkn lth our ats¢Jlr ol the financol statem tyJr resportsirrtY 15 to read the other infornmtlon and, In doing $ ¢onsider whèther thÈ other infonnatiorb is materialty COnSten[ wNh the financial statements or ¢4ur know obtained lft the audit or otherwffje aFvar5 to be materialty missrated. IFwe su¢h n4ritl intonsistenties or apparent material mY55tatemeThts. we are required to derern)ine whether th¥e is a materi mis$¢aTrrre in the financlal Statements or a material misstatement ofthe other Infornli0fft. If. b•sd on the work we have FWfornd. we corKlude that there m•¥erAI mlssratement ol thls othw fflformariorn we are required to rert thatlact We have Mthing to report in this regard. Oplnlons on oth•r matters prrIbed by tht Companles Act 2006 In tyjr opinron. b15ed on the work undertaken in the course of thè aud fhe inforniation w¥en in the Trustees. Arth1 Rtport Iwhith indude5 the strawc rep)rt and the directors, report pr¢par¢d for the purpws of company law) for thE financ1 yw forTwhich the finan0 statements ¥¢ prepared Is con515teni with the ffinanckil staternents: and the stratewc report and the directors. reporr included within the Trfee5. Annual Rwrt have been prepared ir accordance with applicable I requiremeftts. Mattery on whkh •re requlred to report by exception lo the Ih% of th¢ kn¢)wl¢dg¢ and undErstanding of the group and the Pnt (harltsblÈ comparby arJ its environnnt obtained in the course of the auaL we have Tt identified rnaterr mtssDtemwts the Trusrees. Anr Rewl (vthith incorporate5 the StralC reF4)rtand the direttor5' report). We have nothinzto report in respetf of the fol0.8 matter5 in retstion to Twhich the Companie5 Att 2006 and the Chrw Accounts (Scodindl RegulaTiOfiS las amended) rEquire us to report to you rf. in our oynJn.' adequa a£(Jnun8 records have w b¢th ke by the parent charitabk company. or the parent charitabk corrpany finanaal Statements are not in ¥e¥nwt with the xcounwng r¢¢ords and retur. or certain di5closure5 of trustee5' remunerion SpeC*d art not or woodtandtrusLor£.uk
The wood0 Trust~ Auditor's re ort
we have t)ot recelved all the infomMfion and exF4on5 we require for our
Re5ponslbllltles of trustett for the fiTrnclal statements
s exrAained more fully in the frLtstees' rÈsN)nsi&"lir]es ststement set out on pales 31-32. the trustees {who are a150 the
directors of the
The Woodland Trust Consolidated soment of financial activit for the year •nded 3 l May 1023 General DeSated unrewicLed unrestricted Kestrkted Endowmenr Funds Funds lunds fund5 cooo 21475 Total 2022123 .0 6121S 4,919 Total 2021122 L'OOO 51.378 4.269 Category Anaty5iS Doniti¢ns and lega¢its Other trading actThfitiE5 Imiestments Note 39.740 4.919 317 211 227 Intom• and endowmenti: Charitable athit 8,295 13.406 1.089 18,145 1,976 Other income Total Income and endowments 50.517 212 31.470 227 82,496 76,370 Protett woodland {&9341 (7.6381 {1107T) R120) (&106} (1335) 147261 (3.632) (10.459) {60) (15.220) 115.9341 (66> {16.765) 117.2631 (102) Q6.070) 125.3781 Restore woodland Create woodland Total charltble expendltsre Expendlture: 6,449) {23,291) (218) (58,055) {58,575) Cosi of rnislng fvnds (11.348) 138) (60) (11.446) 110.oni Total up•ndl¢urn (37,797) (•,Q87) {33,329) (288) (49,501) (6B,647) Net incomel(expen¢knl before inyestmert IlossesYr4kns 11790 (7.875) 8.141 (61) 11995 7,729 Net Inmme I Ièxptndlrel. Net Ilossesygalr Ner Inc)me I (exp&) (553) 11237 {32T) 7,114 (594) (055) (1.4741 I lJ21 17,875) 6,579 Tran5kn bEtween fvnth 16 83 Net moverrRnts in fund5 11.360 {7,011) 7,897 (455) 6.576 Funds.. Fund Balances broutht loard at l June 28.657 7.251 13&125 8.3n 180,405 I7329 Fund balances canied fonvard at 31 May 17 4•.•17 1711 144,022 7,717 191,924 180.405 This statement of fmanciil attivitsts exdudes £1 IM76k Q021ni. £15.791k> of woods and land acquired and capitaltsed a5 per no 9 (page 60). There are rK• recwi5ed gain5 or105se5 other than ihose Shown in the con501idated ststement of financi aUNkti¢s above. Th¢ n$ on pag¢$ 4>71 fom part of th¢ accourrts. WoodndtruSLouk
The Woodland Trust Consolidated statement of finanoal acts*ties for the year ended 31 May 2022 AJI incom¢ and expenditure L8 d¥ed acti Nts separate income and expenditure at¢fyJni a5 rewired un¢kr the Coryanies Act 2CQ6 h¥ beem presented. as the on d4ffererbce betsveen the nei expen(liwre fr•r the period before transfers of L11995k and the net SU$ for the period of £11,521k. as defined und¥ the Companies kn are reafised bsses on in¥estrneThts ol £1,475 A conyara¥¥e stateftw offfin11 is knduded In 25 Ipage 71). woodandtrust.or8.uk 45
The Woodland Trust Balance sheets at 31 May 2(ll3 Gro Group C X*2y23 2021122 X12Y23 £'ooo Chiriiy 2021121 matysi5 124.169 S,417 IZ•.516 739 124.169 S.417 121.S14 38.739 10 5.465 5.465 118,650 118.650 34.173 34.173 152,822 IKJ 152,822 168,325 12 542 542 542 542 13 495 469 230 222 14 25.217 29.638 25.750 &114 29.774 Cash at bank arKI 8.104 31915 38.820 38,642 Credltovs 15 314) 111.2361 (9M35> 111.0581 23h•l 27.593 27,583 Lon84emi debtors 191.924 180,405 180.405 17 144.022 136.125 144.02Z 136.125 17 7.717 4017 .372 7.717 4QOI 7 170 .37? Fln4nc¢d 17 28.657 28.657 17 7.251 7.251 180.40S 180,40S The net movemtnt ID for the wert con¥Ary ts a surFkn of £1 1.521k P011122 £4576kl. Barbar& Baroness Young of Old Sc+)ne Chair Compw nthmber. 1982873
The Woodland Trust Consolidated CRsh Itow 5¢a¢ement foi. the year ended 31 May 2023 2022123 £'oc 2021122 £'ooo Note Category Cash inflows An35 Operating actbvities 11.457 4,414 Investr)wit in¢+)rnt Purchas¢ of woodland ar land 18.509) P84} Purchase offixed 10 12381 Net cash flow from imtesting acrNitiES Purchase of investments Net Iquld Move( Sale of inYestrne•ts 14,9891 &259 4.452 17.525 Net cash Ilow from ImTesthiq a¢tivlti•s (13,968) (4,576) Net wvemtnt in cash in period I pr Cash at l JE 5hat31 May 113101 8,171 Change In cash and cash eqUalents in the year &369 661 8.171 Nei ittomdtxp•nditure Investmeni Mltame 11996 7,729 186T) 13.3681 42 16081 1461 Donated woodland and knnd Depreuation wood5 and fand Depreciation other fwl a55ets Loss on disptsyl of woods and IlrKrea5eydecrea5e in land stock Iln<reaseyde¢rtase in Stock Ilncreaseydecrease in deknrs Increase l(decreasel in (redKors 331 321 la) Reconcdiauon of Tret income to net cash flow Irom Operat1 attle$ 850 563 126) 4.421 1361 16,4381 1468 (1,9221 Dec$¢ W.t¢rm delxor5 Net ¢sh inllowfrom op•fatlng actlvltle5 341 12,457 4.414 8.171 8.369 (bl Analy of ¢hangt in net fiJnd5 Operbing balanct I lunt Net movenI in ush in the period Cboglng ballr 31 May &661 8,171 woodlandtrust.org.uk 47
The WoodlaDLI Trust
Notes to the accounts
for the ye3r ended 31 May X123
Accounting policies
The Woodland Trust a cornnY limited by guaranw w"srered in Enland and we1 and a regtytered
with the Charlty Commi$8ion and the Offe of the ScoMh Ch¥iw Relur.
Bas15 of accountln8 and ststement of c•mpllanc•
The fin•ncr41 sucen[S h•¥e be pr¢pare4 under the hi5torial cost CoentIon las modthed ty the re¥ultIOn
of litted investments to market fdlue). The finantval State[ have beeTh prepared in accorthncewith the
Companies Att FRSIOI the finaficral Reporring &andard aWKatde in the UK ar Ireknd,. and the
Statemert of Recornmended PracDce Accouniing ind Repcning ty Charities'1SORP 201 as darified
5th5equert update bvlietins. The Trust is a Iljbhc Entw as defined ty FRSIOI
Preparat¥on of the attots a soln8ncern bask
The tru5tee5 CO[der that there are no miterial cerMI whd woubj ¢all &)ub¢ on the Trust's ablity to
Convnue as a going cofttern.
8•s1s of
The Woodland Trust Note5 to the accounts (continued) for the year ended 31 May 2013 f. Income and eTrdOnent5 AJI income is recogni5ed once the Trust ha5 mEt the f01h criwi EntsdemÈnt to the cOMe Receipt 15 wobab Income can be measured rthb Membèrthip Memberships are recered a5 monthty gjbxrlFth an p3ymenL or a one4)ff nwknhip pym•i. Subsrriptions are treated ax donattons and are accounted for reterrfed Inv•stments Inccrfne from investmert ts reco&m kn the period in it is earned not the Feriod it 15 recwve Donated assets Inc+)rne in the forrn of non-cash has bew included in the ttytsoldated Slawneht dffinncAI cti¥iues at a reasonable estimat¢ whkh th¢ Trt wouhj have to w on an open markeL Grants Grants for woodPdnd managemert are crerfrted to the consoldated Ststem offir4ntl a¢tyrw in th¢ ytar in whlth thy are received in line wffh the reqwrefflents ofSORP 2019 and deferred onty wh• the ffant boty ha5 •mSed condityon5 Leydes Legacy coMe from each bewest recognised once a reasonable esrrnt¢ of iu dlue <an be made and providing there 15 no •fidence of any sgrbth¢2nt ttsntÈntitiU5 tlains ctMerning the decea&s estat& Wh-e the Tru5¢ is left of the residue ol an estste. the decease$ wll. init¢al statements olassets and frnbi&w, and draft estate a¢¢outh ire used to cakulate the estimated ¥alue ofthe beque5L Tl¥s esvmatr 15 ordy rewised as obK the executors haye proved the will {i.e. obtained WOte}. B¢qu¢sfS of knd for ¢onservation purposes are recwiEed a5 wKome and as an 355eL Raffles and lottery Where rallkn are by the Wc)dknd Trust and the Trust 15 rThKipaL the proceeds are rtporred Zross ofany prize montes ind other expenditur Lottery ITorne is trom h)tteriE5 managed by People's Posr¢od¢ Louery (FPLI. WOodld Trust Enthrpr¢5e5 rnited has Tho ability to aher the pre of lick d¢ternwne the prtzes or reduce the mirwent fet PPL 15 the acting ncipal lor the$e draws. Net y¢xeeds receNed are reco#ned within lottuy c¢)rne in th¢ Soterwt of Financ1 Acti¥bi¢es. The anatysis of the woceeds 15 detailed In note 3. In laThry 2021. the threct benefKilry relatlP with People's P¢sr¢odÈ Lottery (PPL) ended Players of Peoe'S Postcode Lottery continue t{r valued slVPOrt ofthÈ Trutt awards made by Post(odE Green Tru5L The ContrN10n olwolyntevs In a¢¢ordanc¢ with SORP 2019, no amounrs Ve been in(hJdEd in fr4fKd statements to refiecr the value ofseryKes yovthd free ofcharye to the Trurt ty ¥oluDer Cartbon dtIOnS We acovtty solick and rec¢fve th)non$ ro hdp the Trust tree5 an¢1 Fyotettwoodafid across the UK loCng up carbon offeriAg C04ryanies and indNithJa15 the thance to ther CTh eMssv)ns. Conditsons attsched to these donations relate to the need to ensure that the w0ry1kn& r*Nin in for 01 up to1 year% herKe reqUIrg the Trust to in¢w annual running tolls for maintenance of these site5. woodlandtrusLOQ.uk 49
The WoodLind Trv5t Note5 to the accounts (continued) for the year enqled 31 My 1023 g. Expèndlture Expenditure is recognlsed oKe there is a W or construcuvt obhption w rr4kt pl¢nt to a thwd party for 0d5 or 5erYices. and where it is WObab thai setdement Mll be rewlred •fid th¢ arts)unr of the oblirdtion tan be mtasured reliably. Expendiwre classified under the folhwing heaol Cost of ralslng fund5 These are costs incurred in gewatin8 the incorne anased in note 2 Ipy 521 to the accounts. Thes are llYSed in nc+tes S and 6 Ipag¢5 $sT) to the accounts and MKlude Membersh cost& fundraising COSTS inv¢$Dent marwent cost& Ch¥itable acthTl¢l•s Expenditure is aloared as folkv>' Protecuon of native woodknd- <frnt Lxwdithre indudes wo¢#nd mafjweAL researth and lobb.Th£ to improve the degree of for ancientwood5 and ancient tree5 RestoratlOA ofwoodland- direct exFenditure wludt5 the restoration olal ancrt woodknnd and the re-creat of native wooded kndscapes Cr¢atK)n of n• fjaove woodfaod- direct expenditure Include5 the c05t ol pkTrting mnInIng new woodlan financknil support and the suppty oftrw to lartdtywners No I Ipage 58) to the accounts e5 an anafyryi5 of stsff rwjmbers across charttable actsviu4 fLmdraksing atht gov¢n)anc¢ and SUFpofL The cost of those 5tsff directly focused on theTru5¥s charruble xti¥ities has been allocated xross the three aims listed above in thE same ra as the expen¢knJr• on 5trate8K aim prior to thwr alkKation. Support costs These N)¢lud¢ the provtsi¢n of4)ffKeS. suff recruiuntst and devdOwL inforlI)n tethnoloy. governance and our nance lunctton. Support costs are (al¢d ro cosu of rwingfvnds and clwira¢ acti$ on the ba515 tsf the dirert experbditure incurred by eKh xtpirr. h. depreciation Depreciavon Is n¢x on freehold and S)ry-knehold woods and land T•thich are cortsKlered to have a useful lrfe of more than 50 years. Lehold vffj¢)ds knd Tlith a lease of 50 years or kn rwmining are deprecTrated over the period of the lease. Fixed Jssets with * tost of more than ar¢ and thweciated. t)eprecryt h5 been clmryd at 2% per annum for the bulld1. 20% w annum for ¢fft ¢quipnw and 25% per annum for pknt and mathinery and motor vehKle5. Deprecmtion (harpj onty when assets are operafjonal use. l. Woods and land Woods and land donated to the Tru$tfor tsngoing use in orrying out its ithitses are recwi5ed as tan8ible fixed asse WLth ihe torresponthng rain rec4fftrsed as ineomè from dunat9 within thE con501[dad staternert of financMI acffifities. Exh slte 15 valued in line with ¢)Fen-market hnd values atthe of rxansler ro the TrnsL lepl or prol¢ssional fees incurred in acquirir¢ the asset are cawahsed. The e of doNted Ys dsck)sed in note 9 (pw 601 to accounts. All woods and land purchased been rawulised at COSL From time to time, the Trust recer¥e5 th)nations to acquire wocthd wlth thespecfflc condltlon that the land is leased onward5 to a named thir&party organi%atitsn. ProvHled the outrome in alltht with the Trust's objectives. t Trust rerv¥ni5e5 thE donation in the year in whKh it ha5 been rerwved and the purchase of the a55et whw there 15 3 biTrdiThg legal obliption. Once the lease h25 been COmete the Trwt re¢or*Js a grantwithin exPthre to relkci the transfer of the woodland on a long lea5& The woodland 15 vald within the Trust's assets at the lue ol freew interesi retained (tyPa a non¥nal amoyno. woodlanthrusLor&uk
The Woodland Trust Notes to the accounts (continued) Cor the year ended 31 May 2023 j. InYestm•nts Inve51ments in th¢ 5ubydiary wder(alin85 are ¥uted at ¢051 1rylrnL 1 othv invesvnents arè stad at fair value li.¢ market lUe) at th¢ y¢•r end The moyenw in valuty of is shown in the Cons0dated statement of knTrclal actNitses and comprw both reah5ed and unrealised aftd losses. k. Lnd for planting #nd resle Land for plantlng and resale ¢ W at the cox the &nd and its associ# W and professlonal fe¢$. l. Stod(5 Stocks are •r the ofcost and net reah"sable ¥a where cosl coft¥ pwthase . Critical accounting judgements and key sources of ertimation uncertainty In the aP1(an olthe dwirf5 poIKie& trustee5 are required tt) make e5tirna and wurrptiohs about the carrying YeS of assets and I"•e$ that are not readty apparent from other sources. The estimates and undth'ng assumPtnS are based on historical exFe and other factor5 that are consknd relevant Acu1 re5ts may differ from these e5umates. The e5timate5 undwlying assumwipns ¥e reviewed on an b Revisio to accounting estwNtes ¥e recognised in the pd to whith tlw relate. The key 50urce5 of thit have a 5%lfiCant effÈtt ¢)n the amounts recwised ih the ffinancial statements ¥¢ Recognitn ofre5Ovary ler4q where there is 5ignifiGnt UrKertY over the valuation of 5pethfic ssw or Ik4bilmes within the esrate and. theref the measureMt triteria rewired by SORP 2019 15 not meL The annual depreciat•)n and amcrtisation charge for asset5 are $ID¥e to change5 in the e%nad usefLI etonomi¢ lives and residu vals ol the asse The useful econorThc &¥es and residu UeS are re-assessed annually. DonLed woods are led LNng rhe average cost of1 woo¢ts purchased by the Trust the UK the last three year& DisufictTh ty rr4dt Sy purthastd thar wouk4 Imwr the dlurion of fvture purchase& but no Oistincuon 15 de for FoyaphK are2 or nature of the site a5 the Trust co1JerS this to have no rnaterHI impatt on the valuatytsn. Management appks judgnent kn the re¢¢wlri¢rt ¢1 thco wh.ch is eWned further in note 3 (page 53). . Financial instruménts The Tr[ has fiw¢lal assets and liabilities of a kind that as basic ffinancial instrurnentt Basic finaficial wi$trurner$ are Initially recoed at transact value. RnaThC assets hdd c¥sh at bank and ih harf wpher with de and other debtors. Financ41 lialyliti¢s held Comprise trade and other crethtorL Other derNati¥e-based a55ets irKluded in the investment ¥¢ hdd at thr favalU . Operating leases Optming kase rentals are ch¥pd to the consolKlated ststement Olfw11 attr11 oh a swaolt4ine basis over th¢ hfe of the lease fo the xts¥lty to the kne c relate p. Pensions The Trusi has defined ConVxNn PWISn schemes. The cost of prov4ing per ¢5 charged to the ¢onsofthted ststement gf financkil ac[Mt. usin¥ the albratTr method se¢ out in note & in the perK)d in which COMribLrtions art q. Conduit trnsactlons Where Trust has receY¢ed fvn& under cor¥Jit thJn¢SDg arr3rywM% thty are not shown as Irome in the sratement of financnl acETr75. The asse¢ rtteNed Ilor exanwe. cash) and the 0gatIon Ilrdlxlxyl to pay thi5 over to the third parry 15 also not shown in the baLl¢ sheeL It Is separatdy idenofd in the noths to the accoun15. exp"n¥ thE naty of the trafisacuon and the relatnShip the donor and ubmate retWL r. Related-party transartions Please refer to note 19 Iwe 69) for detsds Oftran5atti bet¥v&n the W¢)odW Triw and Its sthKh"ari¢s. Trnstee5 made combined donaticw of £25k (2021n2.' £751. Thtre were rK* other rekhted pary tra1( during the year to 31 May 2023 woodlandtrust.org.uk 51
The Woodland Trust Notes to the accounts (continued) ftsr tht year éndtd 31 My 2023 2. Income 2022123 Gra1 R¢strk¢ed ¢dOwmen lunds funds t funds eo( Tottl 2022123 And.5 Legacies 1&584 20.230 sub5¢riptions Fundrnising and appEals Company d•110$. charryable trusts and lanthl 11255 12,255 4.470 5.919 10,389 D¢natyons and lep¢les 4.430 15,998 Dld woodknnd and L4nd 3.342 3.342 Total donatlons and Wles 39,739 21,475 62,Z14 Sponsorship Corne Lotters uoi Other tradkn¥ acthfitte5 Raffles 238 238 Merchafith5e incorne 1.8WJ 4.919 Total Income frorn oth•r tradln8 acthTltl•s 91• Gran 1.533 &295 9A28 Income trom tharitable a¢vYities 3.579 3.579 5,112 •,295 13,4•7 Other and investmtht income Other Income 500 51• 1.019 529 227 847 T¢tal incomÈ Total incorne endowmu 50.799 31,470 227 82,496 Legucy notsfic¢7tYJ5 In addioort to the lepcy income reciyded al the Trtt had been •d¥ised ora number ol legaoes W¢2thed to it where (he eondrtions rrdini incTre recognNion were nor fvlfilled by the porK)d end. The combined esdmttd Value of these l¢r4<les. where It POs5iÈ4e to esdmate thdr was at least £62 ff*th"on (2021ni. £5.9 million). woodlanthru5Lor&uk
The Woodland Trust Notes to tht accounts (continued) for the year tnded 31 May 2023 In<orne for the year 2021rL2 General funds £'ooo Reswicred fuThJs COLM) Endowment funds Toral 2021122 I'ooo Caregtsry Anatysi5 Legacie5 Membership subviNion5 Fundra&ing and appeals Company donation& CharItae and landfill ta¥ Donared woodtand and 1&210 2.059 18.269 11.9SO 11,950 DoTrations and legacies 3.969 6.029 9.998 445 10.673 43 43 Total donation5 and leiacies 31574 1 (804 51.378 sponsors"P JTrcome R2ffles 2.518 2.518 Other trading acDvbties Merchandhe KomÈ Total Income from other trdlng rti¥lties 4,269 4,269 Grants 2.164 11.372 13.536 Income charItae activityes Woodland mana%ernent ¢0 Total Income Irom charitable actlyities 4.609 4,609 4.773 11.372 18.145 Other and invesrmeni income Other IncomÈ 1.672 304 1.976 Investment in<orne 586 (io?) 608 To1 income Total Incomt and endowmtnts 45,874 30,611 {i•?) 76,376 3. Lottery Incom• No Lottery kncome VA5 receTrRd dumg the year. The WooLland Trus¢ wc)dlandtrust.org.uk 53
Notes to the accounts (tontbnued) for the year ended 31 May 2023 4. Grants 2022123 £'oc 2021122 £'ooo Grant bodies Portcode Green Tnw 3.oc 3,265 Defra lJ69 1487 Northern Ireland Erwironment 1.3n 6n National Lory Hwitage Fund Local Authorities 1.079 941 512 218 Welsh Goverrffient- Uywodraeth StotU5h Government Rural PaYThts and Inspe¢Oons tlirectora Natural England Forestyy Commi55h7n otosh Forestry The Pears #wlill Fund 377 30 374 391 318 429 240 432 70 150 Depament oftytcultsre and Rural Dtr¢lw 107 229 Point and Sarthd( Trust 1531 The Rl¥ers Trus¢ Hdton Global Foundatlon 82 Loch Lomond & The Trossad Nationa ParkAuthoriry Welsh $¢mY GornMent RL¥al Payrnts Scope National Forest Company Rural Payment A1cleS Nigel and Mery4 Carr Other yant provid Soll A550datlon 224 47 32 64? 27 19 Natural Resource5 Wales- Cyfcth Natyriol Cymru Catch 22 14 45 10 Esmée Falrb•kn Foundatlon European 4ricultural Fund for ovtIDAEA Greater London Authority Green Recovuy Challenge Fun& NatKsnal Lottuy HerIti FId in rwtswshlpwrfh Naty EnzLind and the Enwronment Wy on behajtof De 2.700 HM R¢nue & Customs Corona¥$ job retent)n schemp Naturescot 105 Peop.$ Trust for Endaryred Spec E#¥ironment Agw¢y Tot•1 1201 9.828 13.536 OF those lisd abovt. £8.295k P021ni. £i1.372kl art restricted gran Grant income Is proiect-aaivity based and the levd of income recognised rekntes to th¢ a¢¢ryy pce the perio or the condbtion5 Set oiit ty the dorr. * Awardln¥ fund5 raised ty players of People's Postcode Lorwy The WoodL*nd Trust woodlandtrusLor&uk
Notes to the accounts (continued) for the year ended 31 May 2023 5. EXndIre 11123 Dwect Support 2022123 £,0) Expenthrure kn4ty5iS mer$"p 6.778 jdra1E and apppa15 Cost of donatbns aTrd legac$ Ctsrnpany ¢h¥ith ryvsts and ldl tax Lycies 693 87 10 97 694 1,134 9,828 Sporsorship 93 Other trSmg ac¢b¥i¢ 415 54 469 173 23 Total Other tradthg actlvltl Investment marwr COSts Tot ¢•$¢ d rahkng 170 1,469 149 Irbvestrnents 149 Cosr of ring ndS 10,142 1.394 11,446 13.48S 1.735 15.220 Charitat attNiues Restore woodland 14.852 1.914 16.766 woodPdnd 23.111 2,948 26.069 51,451 6,597 58,055 Cost of r4iskng fvt)ds and chaiiuble expenditure Total expendlthre 7,901 49,5•1 Th'5 statenI of eXPeIre excludes £l1.876k (2021ni. É15.971 k) lof WI and land acwired and capitali5ed 15 per no* 9 Ipage 60). Th¢ Woodland Trust Wf•Jdandtrust.org.uk 55
Notes to the accounts (continued) for the year ended J l May 2013 Expenditure for (he year 2021122 Dir¢c¢ Supp¢>ri £'oc 2021122 £'o Expenditure Anatysi5 Munbersh &257 773 7.030 Fundraising and appeals Company donau0 charitat4e Ernsts and bndfill Legaues Total cost of donations and le8acie5 669 83 752 Co$1 of don#Don$ and legacies 603 75 678 7,635 939 8,574 Sponsorship Merchandise 781 97 878 Orher trndinz activleS 373 419 Lotteries 20 22 Total other tradlttz actrwities Ie$[men[ managem[ cosrs Total cost of rahin8 funds 145 1.311 Invesun* 179 Cost ol raksing fiJnd5 8.988 1,084 l Q,072 Protect wgodland 14.197 1,737 15,934 Charitable JctiYitV45 Restore WfM)dland 15,377 1.886 17,263 Create WOOdnd Total ch•rftable actTvitie5 22.638 1740 25,378 52,212 6,363 58,575 C05t ol rai5inz funds and tharffable e¥pendiwrt Total expenditure 61.200 7.447 68,647 The WOtsdnd Tru$t woodlan1truLor&
Notes to the accounts (continued) for the year ended 31 May 2023 4. Support 2023 Premises Go¥¢nw and loss on Human Man3gemeTrt 2022123 & orher Total £'o pport rosts Analys Cost of raising funds islng fvnds 55 259 59 1,304 Protect W(lInd 83 918 342 77 1,735 ChariuL4e expeTr4iwre Restore woodhnd 91 102 376 85 1.914 Creare woodland Total Iharltable expendltur 391 142 lJ69 585 133 87• 317 310 3.491 1,303 295 6,597 Total support &Jpport costs 1,•43 J71 1.502 354 7,9(11 The trusreesldirectors of the company. ¥¥ho conyi5e its Board +J not recdve any r¢n¥Jhnuon drtI the period. Travelling and subsistence expww irKwred ty 1412021ni. 14) on Board tr¥Jsiness amounted to £22k 021m.' £lOkl Jwing the pwlo Support costs for the ye¥ 2021-22 Oewttiatyon and loss on sales Premises Governance Finance Human Management re50vrces & other 2021122 Total £'ooo Jpport costs Amalys Cost of ralslng lunds Ra15ing funds 133 52 47 617 178 57 1.084 Prorect Y0dLind 83 264 90 1.738 charble expen¢thture Restore woodLind 228 305 98 1.885 Create woodhThJ Total charitable expendlt¥r¢ 335 132 124 1557 144 2.740 774 30$ 318 3597 1037 332 6,303 Total sUPPOrt costs 5upwrr costs 907 357 365 4214 1215 389 7.447 woodlandtrust.oig.uk 57
The Woodland Trust Notes to the accounts (contlnued) for the year ended 31 May Z023 7. Net thcom• for th perl¢ before traTrsfers employeos and ¥olunte¢rs Included In the itatsment of financial acti¥ltie5 are those amounts whkh Yequlre separate dhdosur. 2022123 2021122 co( lfittmo dlschsure note 1&924 16.776 soci Security tosts 1.933 1.642 1174 1,958 23,031 20.376 Included in the above ¢ £53k in redundanties (IK ex-fdtia Paym) The surpfus for the year is after charyini 347 395 49 32 10 Rentth under operaiir kas¢s~ and 169 827 638 1.650 Irretoverable VAT is cL75sTkd under the same headiry as the expqnditure or asset to whKh K relate5 2022n3 2021122 £'ooJ Empknyees and YohJrte¢rs Average number of empknyee5 (FfE) The average number of empkjyees during the year vR% kUd using the fUll-tiTh equrrfalent methc 557 530 243 233 Employee analysis by function Funtraolr¢ 215 210 GovernarKe & sUPrt 87 AY¢raze nwnth•r ofemployes 557 5311 woodlaDdtrusLor&uk
Th¢ Wotsdand Trust Notes to the accounts (continud) for the year ended 31 May 2023 We rely on volunteers to help with a wide rany olacty¥tye5. IdIr¥e¢ and m2n>gement ofour wooth. promovon of our worl res¢arth ¢mploy¢e mentortnR and adrintratiOn. In add"iknn. we rety OTh yo01¢•r$ fo colect on the Ancnt Tree Invwtory ahd akn on ch.mate cwe throu&h our Fer> proiecL We use the vonr Investsnent and VaFue Au&rt prcws to •Mate the contritJtyon ofour Voluner5. During the 12. month Friod 31 May 2023. yonteerS conirityjted 209.454 hour512021ni.197.468 hours) with an ascribed value of £1.7 110 P021121. £1.6 MI0). whKh is not relkcted thefrtntial statem Employees. ern0ments Ibasic pay. pensions and health e) frjr the soff eaming more £60.IW for the 12-month per}j to 31 May 2023 fdl into the baTrrk. ErnF4oyee emduments AM01 C$ 2022n3 2021122 140,fX(k149.999 I30.W139.999 120.IXLk129.999 I 19,999 B/nd5 l.(109.0c 90.0C99.999 ,¢](M9.999 70m79.999 10 8. Investment Income Invesmrt Irme AnatyS 2022123 2021122 £'ooo Income from UK4sted irNestme 456 410 ID¢•me UK cash knvestswts Incomp Irom knve5trnEfu Bank terest rec•vablE 103 138 Total kn¥es¢metht lfftcome 167 60* woodLryndtrust.org.uk 59
The Woodland Trust Notes to the accounts (continued) for the year ded 31 May 2023 9. Flxed 455ets- woods and land Purd*sed Thjrchased Donated Donated Purtha5ed rbg shon Donated long Short fred kasehold lèasehold frethojd k4s¢hold leasehohd COCA) Fed ass¢rs- wood5 and land Total £'ooo Anaty5i5 At I ltsne 2022 Addition5 in the period Grant C+f knes 10).675 1556 6.465 4.160 113849 &493 16 3,368 IIM77 Additiotts and dlsposals Disposals in the yrnd {531 18501 Transftrs IbEThYttn asset Categorie51 At 31 May 2023 IK371 1,572 4,107 917 124,876 At l June 2022 DISP11$ In rhe period Charge in the wod At 31 May 2023 16 582 Deprttiation 29 42 707 At 31 May 2023 1•OJ42 1.508 9.833 4107 376 124,169 Net booknlue At 31 May 2022 1•0.659 1,493 6.465 4.100 405 113.185 The additions ofwood5 and land dudng the rèar are aloo¢ed across ow cPwi(aN¢ as bd¢)Y. 2022123 2021ll2 £'ooo Strat4K objectives 185 Restore 1.205 795 Create 5.227 IIA76 In addiuon. the Trust ojrrtndy teast5 28 site511342 hecure5) of woothnd under shorter leaseholds (50 Ye or less} at peppercorn rents of whKh 221349 heaaresl twfjll be wlrlng Twrthinlo yearL In th oplnlon of the dir¢¢wr& the value of these assers is ¥Amaterr4L woodlandtyusLor&uk
The Woodland Trust Notes to the accounts (contlnued) for the year ènded 31 My 2023 l O. Other fixed assets Office y)mr & equlpment & fvrniture Plant & machinery Other fixed assets IThe group and th¢ ¢harity} &ildings Total Analys At I lune 2022 ditions in the penod sposah fft the p¢rnd A¢ 31 May 2023 £'ooD 4.166 578 659 11,9 Adth'tion5 and thsposls 63 195 1261 659 1261 142112 229 773 At l Je 2022 1516 4.011 430 $23 Depretiation 97 55 331 in the Ptrd At 31 May 2023 P6) 552 1,647 410• 478 6.785 At 31 2023 295 107 5.417 Net book value 31 May 2022 5.026 Iss 548 136 5,46S I l. Invutments Investments anatyws 2021123 2021122 £'o(KJ Source 7.717 8.372 5.826 Investmerhrs at mrket value RestrKted funds 17.423 19.006 Ge11 115 13.6CKI 968 Total Investments 38,739 34,172 Cost Valuatlon 2021122 £'ooo 2022r23 2021122 2022Q3 Investments anatysis C¥h hdd as F4rt ofknvestments 827 827 UK4isfed Mwestments 10.033 11Th)7 10.400 InStmentS COl*tst ot 10.700 12.358 13,328 Other UK authorlsed Inve5tyn 14J83 8.669 14.594 8.823 Total Investmerts 31.•11 32.681 38,739 34.172 woodlandtrusLorg.uk 61
The Woodnd Trust Note5 to the accounts (continued) for the year ended 31 May 2023 Investment ation(moVemts) 2022n3 YJ 34.ln 2021122 £'o 46,167 Market value at I lune Acquisrotsns les yoc¢ed$ Net liquK*rty fund mDv¥n Net iTh¥e5tmertPin(1$) Market ¥ahJe at 31 May 9,312 The movemert on valuatbn of investments is Is foll¢>ws'. .259 .17.525 4.989 -4.452 -1,475 31,739 34,172 Cost •f 31 Fky unreale Nes girtrJO¢)sses) at 31 May Market value at 31 May 38.911 32,682 Comprising 1.490 38.739 34.172 Reali5ed irwestment p"nsllbsses) kn the 2,263 The Woodlan6 Trust ovms the erbDre itsued share cawtsl Iirj) orthnary shares of £1) kn vch of èrs three 5ubw'diary companies: Woodland Trust (Enterprtsesl Lirnited and WoodL7r Trust Farmin¥ Limited. which are incortw4ted in Ensland.. and Glen finghs Farn mIted, whkh is irt¢orportr¢4 ui SCothr. Glen Fjnfys Farniing Limit¢d is domiant and was di550W on 21 lune 2021 Detai15 ofthe trthig aw•iw of the two 5ubsidwies are set out in note 19 (page 69). IL Land pllr(had for resale Group 2022123 Group 2022123 Charity 2021122 Charity 2021122 Land aYailth¢ for resa Value of land for resale 542 $42 542 542 Land avalE4e for resale represents woodtsnd wrchued for pkntmg and Onward sak in due course under the Trnst's Purchase. Hant and Pa55 on and Purchase. Restore ¥hd Pa55 on Khe. The 5chernes are intended to create n Wood1 at minimal ntt (05¢ to the Woodknd Trusc and ww"d¢ an t¥pOrWn for nEW owners to get invow In w¢)odland manag¢menL tsjrinzthe £N P021nL. £563kl of knd was sokL 13. StoclL Group Group 2021n3 2022123 Charity 2021122 Charity 2021122 £() Stock Llvestock and stores 230 222 230 222 RAW mtteriS and consurnabks 247 Total stocks 469 230 222 WOodlanthrusLwg.uk
The Woodland Trust Notes to the accounts (continued) for the year ended 31 May 2013 14. Debtors Group 2022123 Grovp 2021n2 Char 2022n3 £'oc Charity 2021122 £'o Stocks Legacie5 recei¥ab 13.762 11940 13.762 12.940 Grants receivab 1.021 &321 913 5.704 Trade detrrtors 1,335 984 1.216 187 Amoun owed from sub5idiarie5 1.676 3.750 &357 3A42 8.229 Prepayments afid accrned income Totsl dbt(¥rs 5.349 IM36 5.128 1.036 25.217 29.638 25,750 29,772 1 S. Creditors: amounts faHing due tlthln •)M year Group 2022123 Group 2021122 Charity 2022123 £'oc Charity 2021122 Credtors Trade (reOrtor5 1.436 &539 8,445 Taxarkn and SOCI Security 639 634 620 Accruab and Ikferred Incomt 1063 7,015 2.092 T•tl ¢r¢dltoYs 9,314 11,236 9.113S 16. Lwterm debtor There were no IcerM debtors in 2022n3 and 2021121 17. Mw•m*nt olfvnds Balante at 31 May 2023 É'c0 BaFan£e at I lune 2022 Gain Ltssse come exdire Tr4hsfers Restritted fund5 2022n3 WiJod5 and land 113.187 {41) 2.104 124.172 Woodland mlnagwwt fund 3.074 614 (745) 1955 Resrrttted lepoes 7.175 118121 (196) Futwe acqvisitlons 3.318 P.184) 1.134 Varftyjs other fvros 9.371 120,05TI 346 gN9 Total rt¥trithd Iwids 134125 31,47(1 (2J,655) 14<022 woodlaThttrust.org.uk 63
The Woodland Trust Note5 to the accounts (continued) for the year ended 31 May 2023 Restricted funds 2021122 Baknce at 31 May 2022 £'ooo Balance ar I lune 2021 Gainsl Income Losse expenditure Transfers Re$w¢ fund5 202 Ir22 £'o(N) £'ooo Wood5 and knd 97,454 7,426 {431 8.350 Woodland management fund 3.650 {321 {5441 3,074 Restrictsd legac 10.830 12.984) 25771 7,175 Future acquisi[Tr$ 3.2 1.519 (1.4451 3,318 Various other fund5 9.463 19.455 {19.952} 405 9,371 Total restricted lunds 124.041 30.274 (23,523) 4,733 130,125 The woods and fund wnytses fht capiul costs of the wc4xls purchsed and thÈvalue ofdtsNd wood5 and land. Where an acquY5ition ofwood5 and land has Takn ph¢¢. a tra1 may bE mide from restricted begacles or from other fvnds. The woodland management fund cortslsTS of uns¢ income a55ori?ted with 5pecifK w¢)odFar*dtrnSLor&uk
The Woodland Trust Note5 to the account5 (continued) for the year ended 31 May 2023 Restricted legacies represent those where the testat)r has rÈstritttd use for speofic purpose5 or in specrfK lo¢aiitins. The Trus1 acii¥ely Seeks opportunit$ to spend these for vrt)odland coTrsw¥atiorL IL because of the natLtrÈ ol the restrictions Imposed by a tettaror. li can sometimes take an apprecith PErrf ofDme before 91.1 sPd can identthed. The (und for luture acwI¢s 15 a resu of ¢kntTron5 rKeived thJriy the ¢urrK to acquye ¥vocJ5 and knd already F4anned lor acquismns ID the hlk)vwng period. Variov5 other re5trKted fijnds iThdMdLd rdnts and donatiofis for spetsfic purpose& whKh will be applied to luwre costs. The landftll tsx receNed in 2022123 amcxmted to £30k (2021ni- £i.562kl. and £149k12021122.. £1.518k) w4s expende4 leaythg a £r#l bahrKe at 31 May 2023 Q021ni. £119kl. 8alance at Gali income expeTrdiuJre Transfers 31 May 2023 £'o(y) 2022 Permanent eThkn¥rnents 2022n3 cooo £000 Glenrothe5 3371 87 {398) 3.060 ng5wn {309) 1981 Warrington and Runcorn 954 27 193) Preston and Chothy 847 24 ie3} Total pornmnent endowments •J71 {U3) 7,717 BaLince at I lune 2021 Balance at 31 May 2022 £'ooo Gainsl Loss expenditure Transfers Pernianent endowments 2021n2 I'o Glenrothe5 3.7S3 {3421 1401 3,371 Liwng5to 3.318 11021 3.200 Warnngton and Runeorn 1027 (51 (81 (1.0601 954 Preston and Chorley 1.702 {81 161 847 Total pemianent *nd¢)wments 10.800 (457) {70) 8.372 The permanent endowments represent lunds gr¥en r¢4 theTnmwith 811ts of wood5 and larbd in the locaoon5 noted abDve, der terms requiring the knd$ to invested Perrty to irLCOm¢ fw fh¢ ftbwre ent o(the5e woods and land woodlandtrust.org.uk 65
ThÈ Woodland Trust Notes to the accounts (tontinued) for the ytar ended 3 1 May 2023 Balance at I JLthe 2022 lance ar G& irKome 31 eytrthre Transf¢r5 2023 £'ooo Unrestricted knds and frxed assu$ 2022n3 £000 23.192 50.303 P&0191 1877) 34,599 Ftxed 284 5.418 2&657 50 (3&350) (8771 40.017 Des'rynatsd lund 7,251 212 i&oen 170 Totsl unrertrkted lunds and flxed assets 35,•01 SlJ,799 {46.437) (13) 40,187 The purpose and struaure of th¢ unre5trKted fund5 are described ih the finarAI reviEW on p3ge5 37-41. The free reserve5 represent unrestricted reser¥ts that are freety available to spend on chariuble purpose5. a55ets are anitysed ih note 10 Ipage 61). The tTrnsfen are É%pkned overleaf. B3Lince at I lune 2021 Balance a¢ 31 May 2022 'ooo Gains1 Income Losses1 expenditure Tran5fer5 UnrestyKted fvnds and fixed assets 2021n2 £'ooo Free reseryes 19.8C 45.170 (43.65SI {10781 23,192 Fixed assets 5.548 238 321 5.465 25.348 45.408 (43.9761 I78 28,657 Designat fund 13.041 11,077) (4,7131 7.251 Total UrtrIcted fvnds and Ilx*d assets 30.389 45.408 {45,O53) (2,835) 35,908 woodlaAdtrusLor&uk
The WoodLHnd Trust Notes to the accounts (continued) for the year ended 31 May 2023 future a(qut5iuons Restricted Permanent Other legacie5 erbdowmenfs restricted Unrestritted fund5 and fixed assets fund fund land 202Y23 Note eooo £OL Acqui51tion of woods Inc¢)me for fv¢ure acqui5itv)n5 and operatiorts Bullding& woodlaThJ, aThJ land thsp)5al Repayment ofunderwrite Transf¢rs from de$wiawd fvnd TraThsfers from general lund Total trart$fers between fvnds 351 13.0751 {1.076) {198) 850 11.yth)I 700 1.056 11.756) (1.9331 (877) 953 794 1104 (1112) (1?6) 358 Notts A transfer 01 £3,OS2k was mark ¢0 wo¢)d$ and knd from fuwre It#%1)n5 to enabk thewoodland Tntst to actwire sites In the yw that rnatth our thritat4¢ ottyecEiV An amount of 1893k ha$ been transferred firture xqus¥ion5 to acqwre SI that rnatth Iwr charNable objective5, and £404k inw xher restrKted for firture use in coTriunttW with woiects. Thi$ i% from reStted income recewed in the year £11.076lkand r¢5trKthd lexacie5 £1198lk in accordanc¢ with th¢ wtshes oftt kptor. D1 ol bulldiny. woodhnd and knd re5ultir¢ in a ¢ktytase th Twoods and £(850lk enabling the de5V¥ted fvnd to reF4enlshe¢L Rewyment in the year from other restrKfed t¢ &pred £1.7(th to repay uTh4erwrits made ID y•r. Release of des1ted fijnds £l1.756)k w fvhd reStrItt £7LX)k 3TrJ unrestrKted £1.056k stya¢w 4(u¥fEl¢s out In the financial year. Release olzeneral lunds £l1.933)k to fund xti¥ryrie5 uThJertaken thE perio Gerv lund Desenated woods & lund land future R¢srr1cd Permanent ary151tn3 lepcies endowments Other Unre5tyKied funds Jnd fixed 155ef5 2021122 Nore £'ooo É'ooo Underwrite for acquwuon ol wood5 Income for luture operatKJn5 and acqui51tions le of Purchase. Flani and Pa55 on (PPP) sltelsl Ti'ansl'5 from general fund Total transfers to 31 May 21122 1878 14.7381 7.310 {2.577) 114451 405 463 1438) {1.9001 1.878 (4.713) 8.351 (1,445) (L577) (1.900) 405 Notes A transfer of £7.3 Iok was made to woods and Lnd to enable the WOodld Trus¢ w aequire sit¢s thai mar£h our chariiable obiecrive5. largety frorn use of restricted lunds receNed in previou5 years of £14.738lk and restricted legacies of £Q.577lk in xcordance with the wtshes ofthe leEaror. An amounr of £405k has been translerred into resrrKtrd fijnds for future use in conjunction wth wojKts. During the perK)d, one PPP sile was sold, enabling £463k to be pur(hase fvnher 51te5. woodlandrrust.org.uk 67
The Woodland Trust Notes to tht accounts (continued) for the year ended 31 M*y 2023 18. Anatysls of group net lets betwttn fvnd5 Th15 note details the posiiion. wlwch 15 the saTh as the dwry twNlon. The Wusfees consider that the resources awdiFable to the (hariry are suttable and ade9le w meet the knrywn present oblv4ations ofthe tharitible company and group. Fund baknces at 31 May 2023 art rtpresented ty. Total lunds fvnd Endowments 31 May CO 2023 £iThX) Totsl funds 31 May 2022 lenwal fund fuhd Analysls of gro net asse¢5 between ljnds Table ffixed assets Investments 5.417 124.169 129586 118,648 13398 17.424 7.717 38.n9 34,173 Cash at bank and In hand &491 6h61 &171 Other curreni assets 1429 30.649 L•bikn"es due wkhin one year Long-terni debtors Total net ass•ts .314) (9,314} (11.2361 40,•17 170 144022 7,717 180.405 Restricted fixed assets con515t o1wc5 and lan& £124.169k (2021ni. £113.185k) . Fund bInCeS at 31 May 2022 are reyesenwl br. Unrestritted designated ReStriCa Tool funds fuTrd fund Endowmenrs 31 May 2022 £'ooo UnrestrKted gertr41 fund CQ(x) Analysis olgroup nrt assets betsyeen fiJnd5 Tangiwt fixed a55e¢5 Investmtn 118.649 5,826 19,008 .373 34.173 Cash at bank and in hand 6.746 1.425 Other currenc a5Stts 26.718 3,931 30.649 Liabilities due within QnE year Long-TrrtTh debtor$ Total net assets (11.2361 21,057 7.251 136.124 8.373 180,4115 ¥¥oodlandvusLor&uk
The Woodland Trust Notes to the accounts (continued) for the year ended 31 May 2023 19. Net Incorne from tradlng aCtl¥ltle5 of subsidiaries The Woodland TTUSt ha5 two whomy owned tr3&1 subsKth"ars whKh are iKorporated Engknd. Wood&nd Trust Farming Limited {reg"istered company no. 6360791) undertake5 farming on SO W)othand Trust siw pn.or to woodland bein8 created. Woodknnd Trust {En¢erprisesl "Mited Ireystered company no. 2296645) established to undertake spon50r5hip& coCl activitie& rdffles and mh1(b"s¢ sles. Wthin the cost of sales and ad015atl0rt expwses of Woodland Tru$t (Enterpnsesl knrM¢d Is £1,145k1202L. £1.126K) Yable to the woodnd TnJsL Amounts acwany paid over Irom SUb¥drieS in re5pett ol the current year is £1.688k (2021121- £1.715k}. 80th donate their ofits to the Woodkdnd Trust undEr a deed of ¢t>V¥WIL A surnm of th"r tradin8 iCCtyJnts 15 5hrywn bdow, and tlM5 includes payTheThts made to the woodnd TrusL AuthtÈd acctyjnts h¥e been filed with the Registrar of Companies. G Finglas Farrning Lirrrited Irty"stred tomyrty no. SC408716) was irKorporated in Scodand on S October 2011, and is a wholly owned domnTht subsidrdry on 21 IW 2021 l acthTt subslthaw have the sY repsttr adthess as the Wocdand TrL 2022123 EL 2021122 EL 202M3 wrFL 1021122 wrFL £'ooo Net In¢¢me from trath" aCUviDes of Su.&r[¢S 5.102 382 547 1060 1.814 316 Gros5 profit ence pat to the Woodand Tntst Oistributiofi cosrs 3,242 2,595 47 231 12291 (235) 141 131 Proffit and los$ attInE Operntlng profft l7S6 1168 228 prollt 1754 Ll48 63 228 PayTr¢ under Gift ¢0 the Woodl*)d Trust 756) 12,1681 (631 Q281 1.132 1.485 467 Net currenr habili 1,485 46 Balance sheet Net •ssets Capltal aTrd resems VdIandtruSt.tsrt.uk 69
The Woodnd Trust Notes to the accounts (Colltinued) for the year ended 31 May 202J 20. Operatlng lease commltments 2022r23 2021122 £'ooo Operatin¥ lease commitrn 2S3 135 Land and buildin85 Lease5 which expire vlithin to ffive years 197 122 1.945 1,887 Total 1395 1144 Lase5 whith eyyre wAhin one year 245 360 Other Leases whKh expire thift two ro fThe years 273 sil 21. Capital commltmerts Commitments for expenthwre rx wovKled for th these ¥cwnts th re5pecr ofassets wJer consrtyciion arTrE to £nil (2021121. £r41) 12. Penslon schemes The WoodLind Trust operates defm¢d for all qua.£ •nployee& The a55ets ofthe 5cheme5 are hdd in Separate fund5 administered by independeni penstrM proyiders. Tr tool Cost of pensions for the year incuryed by the Woodknd Trust was £1174k (2021ni. £1.9S8k). InCded in other crethtors is £nil (2021nL. £nrf) kn respect of penslon sdlerne 13. Contlng¢nt Il•bllltles The trustees were avAre ofany syifKant c¢miingent at 31 May 2023 and 31 May 2022. The Woodland Trnst has gwen iJthmntDes w exe¢uwts ynd¥ the swdard for legac5 recei¥e¢L The tru5tee5 bellele the risk of signrfKant daims arising as a to be neglwb 24. Condult accountln8 Durin8 the period the Trust a8reed to administer fijnds ofanother enw as its I¢ As tts 4ertL the Trux b bound by an agerw agreement and dis[rilw the funds it hold¥ a5 to SFerified thrd parties in line with the instrurtions w.ven ty the prin¢ipl. The TruM has ¢nre ttAt th¢ fwms ofthe agtyKy atr¢em#i and the use ofthe ffiJnd5 are consittentwlth it5 own purposes. In thls case. the ageni was the Comnwnlty FtsrestTrl Tworked in rtnerShiP with thewoodknd Trust sirKe 1018 to deliver the first N¢vth¢rn Forest DefralW)0dld Trnxyanr ts¥ough a collaboration weement between the Woodland Trust and the CommunKy ForettTrusL Duriry the pernd ofthis reporL the Community Fortst Trust planted 49S2 hectsre5 and a furtherl.733 standard trees throu the Iurtdthg as p¥t of thi4 co]bOration agreemeThL woodlandtrustor&uk
The W()odland Trust Notes to the accounts (¢ontlnu¢d) lor the year ended 31 May 2023 2022123 2021122 £'oc Conduit accounting OpeNng baance as at I lun¢ Arnovnts receNed in the year Amouo¢s pah4 to third parDes Cbsinz baknce a5 at 31 May 945 502 2.990 4491 115471 945 25. Prlor year statement of financlal actlvltles Tot 2011122 £'oc 51.378 funds Dd5 fvrbds funds £'o Cate¥ory Analysls Oonations and legac Other trading aCtilIeS IestmentS 32.574 4,269 4.269 (1091 Income an ¢#dowment$: charItabactivItS 11.372 1&145 Other Ih¢ome 1.6n 1.976 Ttytal Income ar 45.874 3(1,611 (lty)?) 76J76 Protett woodaThJ (9.252} {10.024} {14.735) (293) 1&389) {317J {&922) 146T) (10.176) {15,934} (17.263) 125,378) Restore wood&Thl Create woodand Total ¢lwltsbl• •xpenditur* Expenditure: (34,011) (1.•77) {23,48T) (51.575) Cost of ratslng Iwrtls 19,965) (36) (71) {10,on} Total Èxpend5turn <43.976) {1,(177) 113.523) 171) (61,44T) Net incomel{expwrfrt¥re> ore (lossesvgains {IM {1801 7.729 Net Incomel lexpendlturel: Net {1055esllzas Ne¢ Income l (txpefftthwj {466) 1.432 {336) 6.752 (348) (528) (1.150) 6,579 (1.077) 16 1.878 14.713) (5,7•0) 4.732 {1.9(} (4428) 13) 3.31Q 11,484 Funds: Fund lanCeS iYou8ht forward at I lu 25.347 13.041 124,641 lo0 173129 Fund balances carried fonvard at 31 May 17 28,457 7,2S I 136.125 8J72 180,405 woodlandtrust.org.uk 71
The WoodEand Trust Notes to the accounts (continued) for the year ended 31 May 2023 Thls statement of fmant41 attprityes exdude5 £15.791 k (2020ni: £5.970k) of woods and land acqund and caproli5ed as per nsxe 9 Ipage 601. Our ¥10 15 a wortd where woods and trees thrive for people ar nawr4 kn we can'tachiv4e our vision withou¢ support. There ire many ways you can help us make * r1 including membvJship of the TrnsE supponing our campai5 or appeals ¥olunreering. knving a OfL th your pts% our raffl< and b1Th£ from our onhne sh¢p. Find out more at woodlandtrnsLouk Thank you. woodndtrUs(Qr&uk
The Woodand Trust Professional advisèrs Auditors Haysrnaclntyre LLP, Chart¢r¢d Accountants 10 Streer Pknce. London. EC4R IAG Bankers Lloyds Bank pk 42 St Pew's , Granthan Lmcoktyhry NG316QJ Insurdnce broke Arthur J Gallaghtr & Co 5 We$ 8oulwdrd, Lectsttr. LE2 7EX Investment a&rfisers I CurzoTr StreeL London, Wll 5FB Juxon House. l(Kl St PaL¢5 Chw(hyarf London. EC4M 8W Tthlktt Prbon {Europ•) Llmlt I SS &shopsgat4 Londm. EC2M 3TQ Solicitors RusseKooke LLP 2 Puuy London. YVIS woodlandtrust.or8.uk 73