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 (Ch￿r)
S* 6eThtha
Fay Cc
KTh8hts {2ppointsd 30j￿e 2023}
y Nesbitt {apr*￿1rted 30 2023)
David Saddw14pptynr¢d 30June 20231
lth Sm*hies
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 GI￿4e7 Rossetti
l¥ a registered charbty. nurrkner&' 294344 and SC038885 and 15 C¢￿$11u￿ed as a
n-profi¢.fi4kM)g comwy Ilmtted ty £uaranteo rwtered nwnber 1982873.
5tered *)ffKt Kryton Way. Grlnthm ￿ncOlnsh￿e 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￿...................-...-........................................
Fundra￿lnI....
Governance.............
-13
.26
27
Tht environmentsl irnpxt of hTh¥ we (reate a UK rich woc*Js aThJ trees.......... ..... .. . ......................._. 33
nancydl ￿l￿w................................................................................................................................ 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 aCco￿tin1 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 h￿ghts. Despite challeTrpng econorn*c 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 community8ro￿5 to make it happen. More than
ever. PeO￿e see the $c￿e ol %that we're a(hithinK ￿ our natiorthje r￿l 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 ev￿lY grnrified to see the breadth of sw weve drawn to
our cause- from busfjness, from grant-li￿nI bothes and from the publlc at W Last summer we celebrated ptrdTh￿z 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 t*hkh 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
b1cthver￿v. and health arbd welbeir
But we ar¢ akn forglng n¢w to rewnd to ther￿￿*￿wel 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 w￿e5 to cdlert a free sapling for th￿r garden. It's ol ryjr determit)ation to
gwe everyone a stske In the futye ol ¢xJr ¥￿irOn￿L to help them do their btL Mean%%tHI4 we ciit the rbbon on our
fantsstic new ￿sI￿r 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¥n￿r￿e% T*knKh mo# ne2d thwL
I've spent a lot of time 2023 to Y￿n% people- as you'll read in thi5 rq)¢X our Youth Reimag4ned prozrammels
nbedding thelr l(kn In eVeryth￿g ￿ do. lkn lound thwr passiw for our planet and its bl0dfve￿lY endlessty insplrfnK,
and a5 the nheriiors of our natural the￿ dem*nd for a resP￿e is u¥8ent and unequivocaL l am heartened bythe
strides the Woodland Trust has rnadt over the last yÈ*r. 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 reN*rsin¥ the daw that nawre and the clwmte are
suffwin£ now- so ￿ we enor <yJr second h￿1-ce￿Wry. 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 ch*r6ry. 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 c￿MIte change and resto￿tt8
odwersrty.
Two year5 ago ¢yJr seminal report on the Stote of the UKS Woods tmd Trees revethd that onty 7% of Tha￿Ve woodknnd In thls
couMry15 ￿ good ecologi￿ health. and in 2022 our advocacy hdped s*cure a Government ccrfnmitrnent to inpr¢)Vt the
0ndi￿on 01 rn05t of ir. The Tru5L as it FA5 ahvays don< k% shty*inz how thi5 can be athkved. In the pages that follow,
yov'll read about our tmork at bea￿*￿1 Mourne Park where we are re%tscitatiTrg the *est survfving ancient 01k￿00d In
Ntjrrhem Ire￿nd-*thIch we openÈd up to tht publ* hst August for the firx ¢irne in 5C¥) years. And at Loch Arkwg Jlne
ForesL in the HIgh￿Thd3. we've ￿[ne￿ hands %*lth the local community to remave btsath*& of nonwnatwe Sld(a spruce.
revI￿n¥ 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 dÈtal￿d bluw)rinfS for nature
recovery in each of the I￿Jr UK countrie& out v*ty 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 pvern￿land 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-ran￿￿1 beneffts It wlll dEINer. not
lust for wildlrfe, blrtfor soctety •s a
On woodland protection. we have bEeTh kny too. Our 1138ship LMn8 L¢S￿dI carnpaw. launched in 202115 a rousiTrg cry
for Iron-c]ad W Protec￿On 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
bac￿￿1 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 I￿lting Inr￿vatiOTh ch￿Ie￿%& who
are bringing novel ide35 to advance woodland con5ervafion and address the dTects of cfwnate change. We aim to offer the
next genera￿0￿ 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
Wood￿nd(rust.0r&Uk

Tlie Woodland Tru5t- Our
Report of the directors for the year ended 31 May 2023
The [ruS￿e¥ 01 the Woodand Trust (who are the &er¢or51 have pl¢asfft kn pres￿￿ng thelr repcrt and f*)anciil
staiements lor the yvar ended 31 May 2023. These IAve been wepar*J 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 Char*ie5'. Statement of Rerommwded Practi¢e'_ wrinent to charities preparing ththr X£OL￿ts i
accordance with the Fir&ntial Réporring Stsndard appr￿able 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 Rel￿atOr under number SC038885. It 15 a cwpany ImKed by guaTrntee and operates In England.
North¥fi Ireknd. and Waks. Dethds of mstee$ 7*ho 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 fram*rtork In whch to achleve our
2030 vision and idengfy and deliver opportun￿leS 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 refleC￿d in our ¥yoved und￿nth% ofthÈ CUr￿t sDte of UK woods and trees..
Woodland co¥w is yadualty ￿(reaS￿& but woc*Jand wrfdrfe ￿ deCrea￿Tr& The UK'5 wtsodland tover has more than
dtyjbled in the IA5¢ IC¥) years. t￿t 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 S￿Ort 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 1Th￿ences from dimate than¥& al￿ th5ease5. Invasi￿ pfants. poor managemenL
mammal brOW￿n& and ￿r pollutants.
Noi fiearly enough ts belng done. The Stok rfthe Ufs W(¥)d5 •¥d Tree5 report Ffoyides a lo￿4 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 Indvi*J￿I 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 SWI￿a￿L 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 organisa￿n for rrdtive wogd¥ and rree5. and
goals whlch inform our worth5 for the >rar&
2022-2023 achievements:
Pknted 6.1 mill￿n tree5- the hithest wmber ew kn +)rte year $￿e the Incept￿ in 2015 ofour UK4nd.Irelan
Sourc￿11￿.GraVffj $th￿¢
EStabr￿hed 2.724 heaare5 tsf woo&knd- both on and off e5tats work- aga¥ist a target of1500 he<tsre5.
Restored 789 hectares ofanaert woodland a5 of tyJr ortgowy commitmÈnt to r*￿tse years ofdecline. protett
the ancienr woodland that and yovmle the conthtioThs for threa￿Tred Thatyve 5pecie5 and ur¥que ecosys￿￿ ro
thrive once rnor& Although bel￿4 our tsr%et of l.L￿ hectare5 for the year. it stiu repres￿1$ a tything of the
prevloys year's achbevement of 250 heaart5
Rerewed our h￿¢$1 Inc+Nne for the third con5e(uivR U15 mlioA
ErI￿arked on (reatmg the krgÈst Mii¥e Wood1¥￿ in En￿nd (Snaizeholme) and w￿e5 (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 putthoLts*nds of othtr woodPdnds on the Arte￿￿t
Woodhnd Inventory at subswwl rok
Re¢eiv¢d the a¢tNe support ofthousanth of people In our su¢¢es￿￿1 ¢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￿) an*9 our second hpihe5t ￿£Y income e￿1£20.3 rndlion)
Generated 30.cth new memterships for the Tru$4 inspring nmny Thre to SUPPOrt U5. We (urrenty haye around
500,C¥)J supporters who help u5 to Secure the firture of woods and tree5 by becoming Mem￿r5. making doThation
buying produ¢u- in¢kJding tyjr ￿J￿naile merdw￿lSe- btLtry. and givir¢ us thEif VOKe. influence and
time as ¥olvnt¢ers
Inspred 30.¢)JO FeOF4e to sy our peDn"on in the fvstyear of our Lp*1￿ Le8eTh15 campai￿. calling ot) goyerrffiertts
around the UK to introduce le8aly protetted for *n¢ient and 5peual tree& The v75t majory of these trees
curmtly have no wotected staths.
2023-2025 ambitions:
Influence and delNer a more resifient landscy to tree5 and wood5 throyh protection. restoratior
creaiton (by ￿a￿ting and regeneration) aThJ demowath)r4 on our own estaw in Urb￿ area5 and on others,
nd under our inlluen¢È
Shift the reladorbship peoF4e vthh trees and and the wldlrfe within them, to one where they are more
prepared to take attion.
Create the scale and ¢aF4bifNies that wdl ¢hatl¢ us ro folrAv ow stratey and optirn￿ resources for the bentht tsf
woods and tree
Strengt￿ anofnt woodknd wothction across the UK and h* tr￿$¢ 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 le8￿13￿. puwk poky and loytem fi￿dIng ctyryniunents to FTOte£L Mar￿ge and expand the UK'S
native woods and trees- to Fryesye the weakh ofts￿ONerSrry thty and tyYthEd a naW￿￿Sed approxh to
ckling climate chan
Oeploy volunteers more elFe¢Dvdy artd &Yow tl*r contrilxrtion to ow (au5
Further increase the woc*Js under w ore to *)ur esure rrwe resd*nt w exrernaj preuwe5 and pro￿de more
engagemnt opporniniue5 With y￿￿Or
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
hatr*tat& buffen"n¥ Ly￿￿￿¥V￿dI*￿d and en•t4￿8 yrban and ruraj ￿ndScaPe$ to adapt to the wnpacts ol cfimate
chang
woodlandtrusLor&

The WoodLAnd Tru51- Our
Our refreshed 'Strategy to 2030,
The d￿ade 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 or￿n￿a￿v￿ for natrrt woods and wees,
and our ¥oils which will inform our pY•?ritie5 for the cO￿ng 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 ackn￿edge the people play. tK*th 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 Incre*sm¥ 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
PeD￿e and organiwiofis w SUFWrt
ENABLE. We enable everyone to make thEir contrib￿10￿ 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-p*lomlTr& inclu5Ne our cause
r*ed5 b& We mu$1 b¢ sw4ter than the sum of our parts- detrming p05itrye in everythin¥ we do.
UnderF*Trr￿ng our stratesy wth be b￿ld￿¢ the optratiry mcthL dryKal techncAo¥"e& and the opabihy and ¢ayo¢y
ofour peopb. to ddiver the greatest impacr lor our ouse a5 our and grow.
Throughout tht Reporr and Accoums you hear how aaFfft5 14v* b¢M based tyi one or more ol rhe5e stra
als.
Public benefit
The primary benefit ddNered by the T￿￿t is the pr+xettioh and restorntlon of *rKlent woodland And ancient ar
¥eter4n tree4 and the crea￿On ofv*iklrftrnth and ecoioidty ￿￿khY ha￿ts In the UK that benefit wddlife and peopl¢
N*t￿e trees and woods can prowde a rarye ofpubk l)*ths- wue5terir¢ (arbon and reducing heal tffetr whi¢h
helps comkt climate changt,. aidiAg nawrnl Ibo&risk Mar￿￿M￿¢ inprovi¥ vmer qLHhty,' pmtecDng soils ond reduclng
er05bn'. 8iviThg 5hdter ta 1￿￿t¢Xk. and reducmg *r pollu￿n- and are ￿￿tru￿n￿ in m*Infain￿￿ pubhc health and
wellbeing. In£￿01n8 mentsl healtlL
S¢)mt of our acirt*s for the benefrt ￿Ckn
manapng more than 30.LIIO hetfares of woodknnd **A￿h ￿ accessth to the fre¢ of dmrge
heiplng chiklren and teena￿￿ uthtand the irrpVu￿¢ of wc*)d5 and tree5 t1￿0￿￿ proFcts like our Young
PeoplE's Foresi at Me*d Dwtyshye
en8¥'ng hJndred5 ofptople irt pkn'ry trees Organ￿e￿ eMts. as Ckmare Cafty
assisting Lindovmers and farmpr5 to create thar ovm wotyjland. athKe and 5LVPOrt through our MOREwoods
ifid MOR&edgE5 xhemes
enabln¥ the ￿an(￿l ol millions of tree5 with schools ar￿ CO￿￿￿1rY zroy tlwh free tree p3¢ks
creatyhg Yolu#teering opportunitie5 whKh enable peo￿* to pin ￿Pener￿e in consemt*)n area5-which (an then
lead to a oreer in the environmental 5ector- or simply be at ore with nature and the outdoors
"ving athttce and as5i5tance to peopAe who fthd thwr vak*d and InC￿t bcal Wood￿nd ar risk *)f deswycrion. and
Prov"￿Ing ways for peO￿e to tal on th￿ir elected repr￿￿ta￿ve$ 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 bu￿nesSeS with theT clirnate
acvon and b￿￿ersIty 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 i￿ning our campawt5 or 4pp&ts, corporate sponsorship or donation.
Y￿￿teering, a ffanL lea￿￿ a in a will. pkdylry￿jr 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, C*xnectiYity, and athpubthty. Ddivering at a hnd5cape 5cak in our rnst SP￿lJI and inporrant hndscapes across
the UK 15. therefore. ￿¢coMIng an increasing focus for us. Whtre IandKaPe-s￿e (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 tr*s and wood5 to defNer re5wred and betler-managed
habNau.
Here are three examples of IAnth¢aptrx¥e whith dejnor￿le wh& can be aCh￿ved 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•%.hI￿Ye2rs of detsikd suryeyw¥ Consu￿*10￿ 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 CO￿red with 3W h¢uar¢s of w1>od￿nd to become one the lartrst contigUOU5
new native woodLind5 in Engknd. However. the as muth about far8¢￿￿¥1¢ ha￿￿t reStora￿n 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 b0￿deeP PeaL ICK* heture5 of hme5tone PAvement and 77.4 hertares of riparon
meadow along sn*Tiehol￿ 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 FaIntingen￿r¢S thatthe wood&nd Kentty tr3n5ityon5 into and connects with the other habitats-
all delivered without using P￿stIC tree guards or h*3bKKl¢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 partr*rs A¥￿ 8&Q, Stre*frA and Bettys & Tayth of Harrogaw a5 well as 5<1me of<>ur m05t valued
Individual supporters. ha¥¢ en*ed 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 f*s wrthln easy reach of one Ixth of
Wale5' populauon. In 2022-23. work was carr*d o￿that m￿lm15e5 the site's va]ue to the h￿￿h 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 enhar*ced
with the ¢rtation of t)r¢h3rf wrktand. a¥thue afid he*rtyw 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 10th￿￿1¢*d partn¥5hi) project wrth Neath Port Talbot Council.
This natural flood-managwnent work W￿11 complen*rt our catchment phntin8- the IIDW of rain downslope ¢0
a¢-d5k communities by reka5ing cufverts and bjried streaTr￿ back to their natts￿ M￿ndering 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 m￿Jrne 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 ImMer￿e- 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 pUrch￿n% 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 ar￿￿Trt 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
InC￿￿t 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 5*e pLinDin& we are kn.ngry hundrds of
InC￿t 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 rePh￿RYO￿ng trees In caps so that tl*s spectal landscape wil
continue to thrive for generatio1￿ to come.
Akhough restorat￿ ts SDII on￿1￿& Mourne Park h*$ alrea¢ty seen increasing t4odwersity benats- wlth foxOove5.
uebe115 and wood anemones cckIn￿l￿1 the wood￿nd Iloor to create one ol the ffl05t 5pectatular knl th"S￿*r$ atross the
i￿and of Ireland. Swnning views ￿$(1 b¢¢n r¢swr¢d oYerlookJn% thi5 be*uDfvI l￿d$£￿ and njjre pathways wdl be
stalled to take visitors Into d￿et￿l hatrxrau within the woodand.
Locard lusf an hour from BehsL Motsrne Park 15 now the F￿￿cL 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 t*ovhle a of hat4tsts for iconbc
anrs and wildlbfe.
In 2016, the Trust prtnered wirh local community zroup Community Forest Ltsth Ark*g F¢)resL
restore th¢ nauve woo(Hand ha￿tat% and re-connect bcal people wrth the rnanag￿t and stewardsh"p ol the slte- I￿￿8
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 restOrat￿rI
required was extrery*ly <hilknging in what Is wr 11r￿t.e¥er ancient woodknd restoration WOFCL H¢)w*ver. afttr a kw
years of prtyratiorn the realty inpacrful restoration wrKk is now well ￿nd￿Way.
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 r*Thin huFlyyatefil for thw On￿￿8 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 aCCofflrr￿te the trarwrt o(the we had pr￿10￿S￿ Lyyaded the White Bridge
over the RNer Arkag and the Glen Mallie vac
Ow $4hrs have rtow turned to the more remote t￿C￿k known as The Gwxh- 4there r￿n1¥Ye trees will bt rerrthed
every year to 2025 Ihving $orred in 20221. We are h￿in1 to take the timber out over the soch using a state-of-thpArt
freshwater barge to minimi%e enyrironrnental irnP3CL Other area5 01 dfftult-tr*reach non-native conrfers are ￿"Th8 cle•r¢d
wth the hdp ol horse5 to avotd the dL*turban¢¢ thai heayy rr4thinvy would cause. So far. we have taken out 150 tonne5
of non.native &tk2 spruce fmm a FArtKul¥ty sensiri* and diffituk ofthe kne5t ￿lry% thi5 approach.
Seed collettion and native tree nursery
IMEErs srKaTEGIC GOALS CREAT£ EWLQ
Now Ihat th¢ n¢)￿mIll¥¢ conifers are being deared from the sito the nati¥e trees will have the thance w natura
regenerate on sffje. However. Tthre there are no mature trees around to wovide a source ol seed. we will plant
sapl*ng5 ar various locations in th¢ ftsrest. To tsable tho. the tast three sea50r￿- wth the help of volunteers- we've
olletted tens oltho￿a￿￿ ofseeds NKhxlng Stots pine ¢ont& alder. hawthorn, oak and rowarL This &"ve5 US a
maznificent resource to direct seed or phnt saphngs-grawn on from tht seed in the native tree nursery established by the
Arkaig Cornrnunity F¢xe5¢- acr055 198 acre5 of the Sbt
Loch Arkaig Pine Forest ospreys
IMEETS STRATEGIC GOAL INSPIRE)
The 2022 osprey sumn*r w4$ a tr*at SUC¢￿ wih adth Lour5 Dortha rri5ing (hicks Willow and sarafi￿ to M￿ratiO
In September. When the ts.rds switrhed to a new r*t 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 $￿ti￿* of wh?us >w¥' thKk5 in kne8al and Shpdan& The cameras continue
to brins a wihj sIKe offorest lrfe to lots ofpeople who nertr be abk w vsY¢ in per50n.
Lost woods ofthe Low Weald and Downs
IMEFfs STIiATEGIC GOALS PftOTE￿. RESTO￿ INSPIR£ ENI810
ln Septernber 2021 we were d￿￿hted to hear that our to the Naik)r41 Lottery Her1[￿ Fund INLHF) for the
fNe-year ddivery phase of rhe'Lost Woo& of the Low Weakl and Dowm, proiecr had been successtuL The Lost Woods
parmwship. by the W•odl*d Tryst alongwith A¢titsn in Su55eK S￿1 Woods Association and Sussex Wildllfe
TrusL wfjll recÈi¥e ah award of ft￿re than £2 mi*'¢)n to be paKI ffi¥e year
The Weah4 and Down5 in &JsW 15 Mthin one ofour ￿ority tretscw where 25% of Engknnd's aftc￿nt woodknnds are
ca￿. 8ut within the project area. the ancientwood5 are 5rrraU and i501ated and sufferfrom d￿ebPment threats, under-
management, and the increasing effecrs of a chwwng clinute. p¢rctht of the ancient wood5 in the project area
have been neglected. woodland owners and marw facing barriers to caring for them- im¢luding limi*d woodland
management 5kn115 and lack of the knowkdge needed to tsckle the chalknges. MOSL of the woods are rttyt publi¢ly actessiblt,
which limiu the benefits they can provide and reduce5 l¢xal Peop￿.5 connection with them. They are'losi woods..
Our amliuou$ proi¢ttwill tfdllslorm th¢)se10st wood5 into b¥ed healthy woods and reconnett them Into the wlder
W*ld and Down$ lands¢w The pamership tatkk atcess barrier& enhance woodknd b￿l¥￿s￿ and connecrivlty,
and prowde a wide range of *udiences with the confmltnth. and knowle* to enjoy caring for and protectin8 their
local InC￿t 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
woodkn*J¢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 c￿rI01￿* tyusts.
Ancient woods and trees under threat
(MEETS >fBATEGIC GOALS PROTECT. EMA￿4
Over the tourAÈ of any ¥ven ye3r. the Woods Under Threat team vnl typtslty respond to bt￿¢¢N ￿350 Cases of
anO￿l wood5 and veteran tree5 threatened by d￿￿o￿￿ent ofsome fornL
The Wood5 Under Threat (asework forffts an partofour ￿￿ectr)n work De¥ekwnt sn the UK can take
many dIffer￿t forrn& fr¢yn &rge infrastr￿¢￿e woiEct5 Such as road rad and ￿lIrtIeS xhernE5. to ho￿￿8 de¥ebp￿Dt￿
leisure hciliDes and minernl extrac[￿n.
th'fferent tyys of devdopmentwll impet on ancient woo& and veteran trees lfi dThlerÈnt ￿￿¥$. whether through direct
loss. deteriorarion Irom pdluiion and di￿th£e. or and ￿011[10￿ of habitau. As such. the Woods Under
Tlrnt team works diligentty with other experts in theTrn5L ceTrtr* and rexionally, to erffjure that our respon5e5
are both ewdenctrled and driven by the exFffi￿ of ￿Jr e¥wierKed cOn5erv3WJn￿ts and e¢dog$ts.
Alon85ide development threats, there are a ra￿2 ofnontheloprnerbt threats to wi)0& and trees suth a5 deer knw5
ifivwve Non-￿11¥¢ spe<i¢s, WOOd￿rtd mismanatrfi*nL air and Clima￿ C￿ng2- ro a few.
Our Woods Under Tlrnt casrfftork has to Some kty vicwries fty artcityKwoods and YÈteram trees over pÈrb
with these *reF4*ceable ha￿￿ts saved from Ydrious lÈvds ofitrea ar￿ wthecr inyct from de¥elopmenL
Th¢se ￿(￿ri¢S kndL
Seelnz off the threat of a new Center PaY¢s holld*y ¥lllage In •nclent woodland near craW￿Y, Sussex
In mid.2021. the Trus¢ and other ¢onser¥ioon d¥riii¢s afid groups bÈarfied of a Wcan£ threat to cId￿)l￿e Warren, an
lrea of ancient woodlarbd south ol the M23 ne*r Cra￿e1. susse￿ h was revealed through pubh'c commuThKations that
Center P4r(s was loo*J'ng to ￿￿￿0P a holday ¥il* in the anaert woorjarf with an option agreement already
prepared w purchase it from the prbBte ownv¥.
The h￿idaY wodd have occupd ￿ to 220 Tr￿are5 ofanoentwoothart r￿[4￿% tre¢& P￿nts and woodland
hats'tst lodges, wds. le￿￿re fac4itie& swimmin¥ poc1& shops. resraurants and a lot of concret& After 5tronK
opposition from a coalirion of con5eT¥atTh organisation5 led by the Wood&nd Tru5L cdEbrations lryan after Cenw Parcs
announced in February 2023 its dec￿10￿ to withdrn¥ from dvrfdop'rtg the si
Savin8 a 8iant ancient oak from development In Be￿h1￿*
Followng notifiotion ofa de¥dop¥r￿t threat to an anciwt oaktrrt w¢ w¢r¢ sh¢xked to find that a ￿ngle house
devehpmentWa5 prow)5irry ¢h¢ loss ofa n*sD"c e4ht-merre •"nh oak in Cavwsham. Berkshire. Thi5 oak 15 thought to be
Pro￿blY the largest in the boroutr of Readin& and ha5 a l¥story daiing back to the Cr￿1 War when it was
thoughi to have been used ty the Km¥s army to spy on Padiarnwtiry lorce5 and pkn a VKtQriQU5 arnbLth.
Knowlng ofthe threat to thi5 afKiert oak we dttenTMned that the best Course would be ro mobllse supporters
a the Trust's social med4 char￿1$. Thts re$￿ed in h￿dred$- possibly over * thousand- ottyections being sent to
Reath'ng Bor0￿ Counril 19 opptsse thè destruttion of tP4s ama2in8 tree. Thankfulty. the opposwn convinced the appliont
to withdriw thelr and Caversham's 84nt oak is safe- r￿WI.
But w*'rt stlll flghtlng b)n m*ny fronts...
Public examination on Hfvays. L(r*rtr Thames Crosswy Scheme thr￿ryh the National Infrastrycwre Ilanrw
process in late 2022 and will carry on throuthout 2023, and prow further. We have been i￿O￿ed In the e¥ty
stages of the exanwnauon. having Objec￿ w the xh¢mÈ ￿rIte 2016 on accoufit of carbon emwioas at)d the wnpact on
Irrepknceable halytat* It ts antttipated that this stheme why resdt in the de5trucrion ofwoximatsty se￿￿ hEctsre5 of
anowt woodland and sts veteran tr￿ We wil be Contin￿￿1 our fn>hi of the Hahning Ir*p¢ctornTe throu8h 2023.
The fotus ofthe Woods Under Threat team remaiThs krgety on thvdopment threa￿ and ai a kvd, wlth ¢)ur policy
att40CaCy teams W0￿.n8 at national and lo¢al authorny leve15 to rethce these drbyers of loss influencing key public
poh'oe5 and legisla¢￿tin.
wwdlandtrust.org.uk
13

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<t&
The cofflmynity groups yeened up thousands ofcommumal spare5 in the UL from phy areas to retiremenr homes,
motNatio4)s ranglng frc*m f￿htIng clima￿ change and (reating edib￿ bresfs to p￿nting to 5UPPOrt mental wellbein
In tot*L 276.928 adults and chi￿ren were enp8ed in pknnDni the gplin>- in5pwiDg a connection with the Wood&nd Trust
to hst a lrfeiime.
Folowirtg tht Tru$es F4edke to move towards susthnable ltsrn￿ oftret prtitectio￿ al aWKarrts from Pnuary 2023
tyiwards were no bnser sent F4astic ¥Jnls wrh th*r tree5. InSTra￿ they are being athice and guidance on makn.ng an
informed <hoice reg¥ding protection methods- say￿8 up r¢) 1.4 mul￿n P￿.¢ w'rnLs from the ￿T￿pe by the end of
2024.
Our free ¢ree pKks have been 8enerousty funded ly W pamers SalrtyW% Uoyth Bank OVO EnerKY. Bank of kodand
and Sololoy.
Pilot seed collection project
(MEETS rnTEGIC AIMS CREAT£ INSPIR
The Scodand t•m P4ve W a pilot proiert lor 50uran8 across our esTXe- working in parmership with a local
nw5ery to Irow the seeds for on the e5tste for other proix
Even though nor all the 7Q)kg ofseed collected was vMt4e and fulty used. a yeat wayto engy with volunteers ￿ a
fun thy ¥¥hile collecling k)caJ provtrance %e& for conser¥at•)n FWOSe
We ha¥e extended our Colkbordtitin w*h Tree5 for li￿ to oversee the wryk of¥olww seed ¢ollecoon5. and volunteers
are re￿£￿ed wr£h both Trees for Lrfe and the Woodland Trurt so they (an re(eNt the èenefrts offered by both
organisation% 5uth a5 b￿n8 aè4e to attend Woodkand Tr4tsr edenfs.
In future. there will be 2 gre2w focus on nKht spttiE5 fike montane wllow5 and thvarf birch. as well ¥ h￿h￿l￿tUde
sources lab¢)ve 350 metres) such as downy birch- d¢sufitd for sw Ike Loch Arkapi hne Fore5L Ben Shtelthlg
Estate and CoLddotah- ￿th￿8h we wll also COrtiNe to c<Jlett more corr*rth speoes.
Improving our tree-supply chain
(MEETS STRATEGIC AIM
To prevent risk ofinwted pests and diitw ¥1 the tree5 we or supply to others are 8rown from seed thai has
been sourted and grown on in the UK and Irdand. As we need hundreds of thousands tsf trees each year. manwng the
tree suppty chain to ettsure we dort'c run oftree5 15 an arduou5 tssk To (othi￿te. manw and improve che proce5S
in january 2023 the Trust appointed a h#d of tree supply to ovtr5et a change in practice5- both wtEhin the Trust and
externalty- and provide a procurement frarne￿Ork to define cknr yocesses Ind ¢)ffer guthce. Thi5 introduction ol a rbew
process is bemi rOl￿d otst to trrtak thè ￿rriers, increase v￿lbIlIty. tran5parew and corrplAnc4 and offer guidants.
Vi$ibility is importaof for our 5uppfw5 35 it fake5 UP to three years to produce sapllnv Irtyh seed coJlecuorL by workin¥
with an accurate forecasL we tMII be abh to pur<hue n￿re trees under contracts aTrJ get better
In order to be ￿)re transparent and COM￿lInE wrth tree pr*xuremÈn( we ar¢ ffttroducing a L¥J$iT￿$ marsagemeni sptem
(Bmg which will include a customer re￿￿On$hiP rnana￿t system {CRM) with a tree-procuremeni modul¢ Thi5 System
v•ill allow betrtr m1n4eTh￿nt of our invertory and rÈthte Was￿ at the end ofeath pknting sea50n.
The overarching aim is to bet￿r t0Drdinare the infornmtion. de(i5ion maw and prLWS In order to delNer
the rbght tree IspecKs al￿ pr0ven2r￿e), ofthe r￿hr w•fy. in th¢ ritht 9￿titY. for the right plac4 it the rwt Ilme and ac
the riihr prke.
w¢)odlJnthrusL0￿uk

The Woodland Trusr- Trees *)d landsca
Aviva partnership
IMEEfs STRATEGIC AIMS CREAT£ RESTOR£ PROTECT. INSPIRQ
The W¢¢>dland Trnst h2S succes5fv1ty secured £10 mill￿n over fve years to support wood&nd cr&4tion and peadand
restoration proiects across the UK a5 part of A￿¥?.$ £1￿ n¥UK>n cO￿￿t 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 asSi￿￿d as a to the Mirpr￿ of ￿dual e￿￿55*DI￿5 a550ua¢ed with A¥itA's carbon
fDotprinL which forms part OfA￿a'S amt¥iK)n ro be Nef Zero ty 2040.
Named siw where carbon 5equestrniion acri¥iry wll tske ￿ace with A￿￿3.5 5UFPVrt irKlude Sn*tLeholme- our iconic site
in the Yorkshire Da￿s- 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 W00dL*nd Carbon AvNa ha5 realty ya5ped the need
address both the nature and climaty tri5ts in pa￿1￿. 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 OpWat￿5 such as natural fiood
mal)a8em￿￿ For exam￿¢ work ac ￿¥Zeh￿rne win help betw m*na8e 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 S￿nffKart
emF4oyer in York ir is a Ulllgue opwtunbry w defi￿n5tra¢e to Avi¥a'5 CU5twner5 how supptirting the Woodland Trust's
resd*nt LAndscape work upstream he￿$ llo¢Jd risk and COSL
Av￿4 empknyees have alreaty hel￿d ￿¢ the partnership off the and demonstrated a Pas￿On 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
D￿e$ 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
mon￿or•n& Evaluation and Learning (M&) hmtrwork we have esttbfished an exciting fiew collaborntion with researchers
at the universi￿5 of Leed5 and York Funded throuts the White Rose Fore5t'Tree5 for Cl4r4te' lundkng wogramme, thts
pamership will del￿tr 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 imF*Ytant bwer1￿ provmle a home for natwe, lo¢k away ¢aTbtsn w f￿hl
tlin￿￿ ¢hany. and ¥ow the fiow ofwxttr whith he￿ to rethce d0¥Ynstr￿M 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 sc*nfific symposvJm- Trees for cfmère ChanRQ BK*JNersity 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 e￿deTrce pps ¢0 infomi our work and to swrt and develop earty-career woodLiTrd 5CiEnii5ts and
eeobjsts. lth this fi￿ncilI 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 ptsr*L
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 wood￿nd ecolw aTrd biodNersity data (from to
beetles. lo¥es ro lun&"I with a sQ￿f-the4rt psythometrlc tcd. re¥ez15 relatK>nship5 b￿￿eeTh 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￿￿$rtY and wdlb&"n& probes and alh)w5 U5 to understand what li 15
about biodNersy- for tx2ftW4 colour. sound and smdl- that ￿pacES our wdlbein& By truly understanding rfand
how we experwKe wellb*D£ benefits from biothversity. the Woodland Tr¥￿- throuth woods and w¢es- can help
addres5 the ￿equal￿¢S of the 1th$￿n oftM"odNersrty t*nefrts for health and wekning across Sotiery.
Our second high-irnpaci proiett i% SCAThER-'S¢anning amcieni trees with terrestrkil l*lJr'_ in collaboration with
Unbver$ity Cowe of London (UCLI. research wdl use new laser ¢0 create 3D imag¢5 ofan¢ient tr￿ to
rad￿lty improve tyjr kTh￿￿ed￿e of the Im￿nant 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 Undere5￿m3￿ the quanty of (artrf)n SLKh mature tree5 are ablE to absorb w)d sttsr¢. The SCATTER
project will P￿￿Ce some beautiful 3D ￿S￿a￿ of25 anc￿nt trees from ¥ouhd the UK- akn.ng us to peer into their
nooks and crannies n unprecedented detyl to pnjvide an immersfft persk*ctiYe and wth¥ed apprec¥atioTh of just how
much these wreFAaceibie marvets of rbature coThtrybu* to nature rECtsV¢ry afid fitsiing dimat¢ chany.
w￿dIand11usr.or@.Vk
17

The Woodknnd Trust- BuildiN
$u
Influencing government policies and legislation
Scotland's ancient woodland to receive greater Pr0￿CtiOn
IMEEfs STRATEGIC AIMS PROTEU. ENAbL£ INSHR
Our ancienL Irreplaceab￿ woodlind5 and trees are under corbsrant threar from deddo￿nl 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 I￿Xes5 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 th￿r
ecdogical corKlition."
Whlle this draft text was an on the ¢xstFry Nles (as a resulr of on￿1n% 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 Wood￿nd 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-D￿￿0PMent 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 develo￿tthL
These chanys should deter de¥ebtspers from submiuing Fyoposah whKh diwe irreplaceable wood5 and trees and make It
easier for CaMpa￿er5, 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 Stren￿heTred poly throuth updat￿% our own Planners. ￿n￿lL 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 op￿rtuni￿ for this. and the Tntst wt (On￿rd 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 PeD￿e- and on the wder bErth ofwood5 and trees in d￿￿￿Tr8 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 exper￿e to do 50. Phase I (reported on In
the prevths knnual report). wekor*ed 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 Pkn￿d to da￿
Phase I wa5 342￿62. 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 Cor￿l￿ed to proiert5 acr055 the UK arbd Ewope, the fvnd has bee
$w up io tonsÈrv¢. restore and wethnds grtssknds- protw wikjlrfe habrta& Ixodiversity and
quality ol lrfe for comrnunitie
Parucipaung lool authonties irKhJde Doncaster Councl ¥•thKh has lalmched a tree chalknze project with the aim of
increasing tree cover in the borough from 12.6% to 17X and the Forest ofAvon Try￿t whKh 15 lookng w expAnd a
communbty lore5t network acros5 fow lotal authoriiie& Other benekHries of the fund inthd¢ the Forth V￿1¢¥ Climate
Forest la consorrium covering the counol areas of SD"rlift& Fa￿rk and Cl*ckn￿￿nan$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
tr￿11d 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 crea￿Tr of knl t¥J5iness OFPOrtunit*s hkt commLmity4ed
tree nurseries afid mnagan￿L Each woiea is unKlW reP￿tting the Klentiw. the comnwniDes that live and
work In the laThthcape. and the owrtunities to Knprove bcil future dimath ressfier￿e.
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 equ*y for urb2n ¥ea5 In the United Statek It comkn'ne5 dau on trte-canopy cov¢r with a range of inthcator&
ihtludlng peo￿e'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 w*h kn)erKan Forests a UK orpnisaDon- the Cenwe for
Sustainable Healihcare- to a¢*t thr5 work for the UK in vA￿L 15 ont ofour bw-ever propcts rdatin8 to urban tree
Thi5 wim see a new measure- a Tree Equtty kore- ￿Ing dEveloped lor thousands Of￿￿h￿OUrhOodS across the UK to
help ident.fy the pknces where tree5 would m*¢ th* ￿est impacr ￿ terffts of imwoving PeD￿e'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￿ red￿lTrg $urf¥e fioodiN& Ctties with I￿e15 of tree cover are more resilient
to climate change and bet￿r 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 K￿l￿e£onoMK wends- wtth the people who are most
vulnerable often ha*ng kns atcess to tree5.
tIKJugh thwe i4 an irKrea5inz understanding of the Itnks between trees. ch"mite<hary mwtion and public health. there
Is as yet no $ond4rdT3ed way of m¢￿U￿￿¥ these bEnefrt5 or the extent to which tree5 are reducing heakh risks. The Tree
Equity Score will help develop a way of doinxthis at a nat￿#1 5cale- recogn￿Ing and measuring the benef1¢5 01 trees to all
communitie5, especiaNy those thar ha￿ bw undersefftd- tree p&nvng and manageffltnt in LTrrban areas intent￿nal
focusing OTr increasin8 equitab￿ access to these b￿¢r*%
We hope to laynth ￿ In￿1 Tree Equity Score and datssett0W￿Is the end of2023.
Broadening our appeal
Addressing our brand position
INEgfs STRATEGIC AJMS ENAEL£ INSPIRE)
One of our ambiiion3- in line with our revised Stratw to 203W- 15 to grow our sup￿rter base fourfok4 ty 2030. Our
last Report and kcoun¢s ewained how an atDwdir413tudy had thntffied a warm'green. aL*l￿te of IS mdlion Peop￿ in
the UK whose ViV+¥S were very much tmth our cause. If￿% are to grow by 41KYA by 2030. we Deed to persuade 3%
of them to support U5- tha¥$ IS million people from ￿1 W￿kS of li
OLtr current supporter base is tsrbder.rewewted against the ¢tynamiu tsf the UK ptspulaiion, and in order to meet our
ambitKJt), it was retogntsed that wt nèeded to broakn our appear and tarztr a I￿￿er and rnore dNer5e audience
containing a higher proporrion of young p¢orA¢
The first step was to rese4r¢h attiwdes rty•Ydrds our with a r¢bust $uryty atross the green 5wnent a5 well a5 a
selectrjn of supporteY& Prevthsty. the brand had fo¢y5ed on ¢wo pdar¥ havens ft)r wikllrfe and the role of w¢x>d5 and
trees in climate mitryation. Our tra￿￿￿TraI a￿d￿r￿ favour the trsL our younger ween segment favour the $e¢c¥nd.
$0. the world has moved i)n post ahd people's atwths lutre ch*ged. Wt ftyJnd that health and wdlbeingand
being outdoors h green spaces has becl￿ far more resonanl 59. the thalenge wag how reath both aud*n¢es
and bjild in the concept of health and weritein¥tool
A refreshed. unifying brknd proposrtion meeded to address th4 and after muth te5rin¥and de%beTavon we adopted the
overarching concept'Ptghtinz for the heajth of the people and planet wtth every tree,.
We link¢d lour key th•mes th• umbrelk ¢oh¢ep
l. F¥anetary hdth.
I Physiol health-woods and trees purify our and create 5pxe5 for outdtyx activities.
3. M￿1￿1 health- woods and trees are woven to benefit our wdlb*"ng by yviThg us ¥tte55 to n¥tur< quEt and
solitude.
4. Community heakh- diwse communiries across the UK have attess to nawre artd green $￿e$. We
are thawn8 that
We launEhed our rep05io0n¢d brnnd over our 12 w¢d(-long cfirrrféty Campw acrcw MulU4r￿la plarfonns focu5in¥ on
aneDry heath amynd the message of'plant more rrees in January 2023. and undtrtook • YOUGOV Poll ¢)n the ar￿￿deS
of a younger audience towards the dimits crisis (see pa8e 21).
The results of the (ampay w¥e w encourazin& ¥Ath t&ken ar￿ recomnwxlauohs made on how vj Imwov¢
luture camp*l8ns. The key resuks Inclwl
I90￿C¢) webwte vtslts driv
The potentiil to SUFPOrt the Woodknd Trust jumped from 21% to 4fA duriythe (ampaqn per*)d!
woodlandtrusLorz.uk

The WoodFand Tru$t- Bvilth
$u
orr
Our young people survey on climats change anxiety
MEETS STRATEGIC Arm.. W8LO
Th¢ YouGov poll we conducted a5 F4rt ol our Chmate Campalgn on a nationa￿ rwesentsDve sample of 1&24 >vr ok15
irjthcated that young Peop￿ aré ¢tsr*erned ab0uit1￿aIe change and the heakh ol the ptsneL It ftsund thaL
33% are xared
34% are sad
34% are pessb"mistl¢
28% are oveThthelmed
They had deep concems aboui the fuwre, with 24% ofthose swfftg th*r fears over the cllNte crbts meant they are
Iling w consider, or have alrea* decided to have children than they would otherwise like.
Research also showed that althoulh 7￿ ofyoung twle are worried about (￿rna￿ chw and bts effects 86% ofthose
surveyed felt that being 0￿d0￿5 and amonz nature had a Foine effett on th￿r ff*ntal heath.
The pdl also showed that onty 9% ofyoung aged I￿14 have a deal of inknnce on makng dec￿lon5 It￿t
dimite chaAgt
By estslAishirb¥ our Youth ￿.￿ned team in X122 and etec¢in8 a trus￿ undEr thE ag2 of 30 to the Board in 2023 (read
more b¢low), we yourtg ￿0P1¢ ¢C* ioui with ￿ IA the fith¢ •ga4¥t clun1￿ cjwbge and b￿di¥￿$*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 propOr￿n ofthe powhtiC4L and in tems ol cw fijture caffv1￿erS 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
strat￿C 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 relati￿sh￿ wirh young pe¢ple. with the end 8021 ol empowering
them and en￿dd￿l in the work Trwr to •uwe thw are parr ofthef4htfor their phr*t'5 future.
The Ytsuth Reimagined team w4s forrrtd in Auysr 2022. aNI is a dedicated re$tyJ￿e with experience in youth en8a8emenL
Its aim ts io upscale our youth went Work and a io*ie&up apFfoach for the whole orgaDisation.
The three-year plan the tram has d￿eknFed ￿d￿dE￿
Youth volurbteering
Young peO￿e as suppwty% and rampirns
Youth ¢M￿Oymenta￿d In￿Ing opportunNie5
Young people in our LY*n4 content
Youth voice and internal dectsion mth.ng
Staff supported and prtxesses in pkn(e to increase ow y￿Jth
CommunitR5 and $clk)tsb ¢)utrtach
Key 4thlw￿ts so far IKI
appointment of one trustee LwbdÈr 30. rtttuited at board
¢reabtsn ofa youth P￿￿1 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 InnOVat￿Tr Challenge Fund and up to 12 mcrfths of experr Th￿￿n¥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 prtsjett4eve10pvr￿￿n￿txrthin¥ 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 sh￿jId ￿ shared.
The projects are dest￿bed 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 I￿rec￿￿ ￿our arKienr WOOdkn￿ fuwring shorr Nm$ and on-th&ground
youth n￿or￿.11 to reach a goal of I￿,1￿￿• slp)atures ort an tsp¢uuon.
Chlva G*orye- 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- award*J £2,750
Projett beau¢ifiJl lewellery to be (reated from ￿¥15r1e rthxlo￿rOTr 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 h￿￿der& 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 b￿d￿er5￿ and live the
local community oppcwni¢iEs to ¢xper*n¢e and iAtern¢r
Moll Slddlql and Sana Mlrza- awarded £lJQ)
Project a seeded paper product called m￿EcO on whKh the nvxt Fneraiion ol ¢hm*t* fi8hters can write Itown the
personal thlnz5 they want ro kn go ofand watch 4nd thw MtrEco grow together.
Leonle youn8-a￿arded £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- I￿￿rded £1.5110
ProjecL raising awareness of how ancient ￿ee$ an be Oamaged ty sod comF4C1t￿, I￿1 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 SOC￿71 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 fi￿ded thi% proiecL
*Departrn￿t 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
wat￿3￿￿truSt.￿.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 ful￿1￿8. 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$￿￿ admini%traDon protess. Wrth onty £340,500 expendKure on
legacy markevng in this fthan¢1￿ ￿￿. this repre￿1$ 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 k￿8-S￿nding member who remained to h"$
'pledge' made in 1997. The four ￿rge$l kgaciek all UnrestrK￿ ioT*lkd £L72 mlllior4 and w¢re all left by meM￿r$-
ranong trom a Ife rnember who i￿ned ￿ 1979. to a MeM￿r 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 PrO￿lAs wlntrable 4n¢*ntwoodknnd and
rfious habitau like Adamic rainfor￿ to and d*ing C*ur 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 Duff*1&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 G￿l￿Tr- a hrythstandins generou5 5UPPOrter whose hve of tyees Si￿￿ran￿ benefrttd th¢ surrourtding
ctsuntrysid¢. Th¢ wood Sifs above Mocw Park with extraor¢fin4ry I￿¢1¥$ encompassing of Gi￿n.$ great loves-
heritage orchards and a￿le￿[ induthig Credenhill Park Wood which she helped save in 2004.
In shorL l88w and ￿.￿Ern￿ry 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¢rr￿s at arnund W sraff. and we anticiFRte that thi5 k¥el will carry on irrto
xt year.
We Continu¢ to se¢ huge passion and ¢¢)rm￿menT 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 ar￿nd 110 groups supporrin¥ our estste through
thÈ tountries and reg￿n5. 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 crea￿d ty increased food￿( suth as wik4fire rtsk
Roles range anywhwe from tree ￿a￿tin% youth volunteers and woodland worknng youp5. to ¥upportyng ¢ampa￿Ths.
tree-health re¢ordirt& photoTrphy. and threat det¢Ltor5- to nam¢ bu¢ a few. W¢ ha¥¢ 41$0 creared ne￿Ork of
voluntttTS i• the tsst ytar.. w￿￿LINrf 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
(M￿T5 STKATEGIC INSPIR£ E
At the Wtsod￿nd Tru5L we bel￿ t￿Tre 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.
In￿nuary 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
Ur4￿ld
.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￿ ￿.￿M￿￿kd peo￿& and our 5UPFK•rter5 beh￿d 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 fUl￿raISIr< {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 m*nber 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 SJndr*isry pxrth¢rs wih whgrn wt work We use thir
fundraisers to help us raise awareness of the Tn￿ and peopl¢ f¢) t*come mtyhbers tts support the long-￿rM
financial sustainability ol woods and tree& In partKular. we have worked wrth one fr4ce•Wvf•£e retrururtg t¢)mpanyfr*r 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 InS￿h1
more clÈaAy.
To protett and maintain the h￿h 5tsndard5 ￿£￿e and the pubfK expEcL we e￿re that vofess￿nI1 fundrthrs recehe
approv￿re training and adhere to our Pol￿t$ and prdUitt5. with ParnCu￿r 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 train￿8 on the implication5 of the
General Data Prote£tson Rexulat￿5 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 Cth￿ned 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 oryanis*ion
We will contact rnethods you have KI¥￿ Pwm￿lOn 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 w0rknnl￿th 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 a￿￿y$ 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.
woOdlanthrusLo￿uk

The Woodland Tru5t- Governance
Governance
Strutture
The Woot*and Trust is a ch¥rty revsrered tmth the Charity and wa￿$, r￿. 294344. It b a
company hmited by guaraThte¢ no. 1982873. and does not ha¥e a share Capll￿. IE hs ihe Cor￿etIt of the W'srrar of
CompxrTrles to b¢ ex•N)¢ fr¢)m the requirtmeni to u* thE W¢rd'kn'm￿. in rrs narr*.
The Woodland Trust ￿ repstered as a cross-twder ch1rityw￿h the Olke ofthe CW WLitor {n
SC03888SI.
The Try$¢'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 ￿rnI￿d Icomplny 6319)7911. Gkn ￿n8￿$ Farft*ng Limited {comp•ny no. SC4087161. was
dormint and vns d￿o￿led 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 WOOd￿d Trust Farrning knrnired
undenakes tsrmihg on some sitts owfitd by the Woodknthd TrusL yofits dtsna￿d to the TrusL A summary ofour
tradi￿ substraAries' res￿￿$ appears in 19 on page 69.
The trusiees have gken account ofthe Chany Comrkwon's ger￿1 Swida￿e 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*)od*fid Trust's Board. which Is the
or83nisaticffj's vkimate governing body. The trustees Prti￿de and the tharity- setting the viston.
rnissirn and straw wh￿h are ddNtred ty the chiel exe£uDYe and rheir tea
Trustees ￿ r￿r￿lled w prn¥hJe the Sk￿15 and ￿er￿￿e 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 infOrmat￿Tr rdeAnt to the Trust'5 zovernance. and make vi5it5 to our properrie5 and
woods. A F*rformance r￿leW ofeath tr￿stee carrEd oui every ye¥. Trustees ¥e required E¢4 Yetire after kn years,
but may offer thernSe￿ up lor r¢4ppothtft*n¢ 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&￿I￿On and
regUlar￿th. 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 dK￿ratiOnS are mado and recorded ar the start of every
trustee comm*tee meeOn&
The Board meets ¢wrerly to ¢onyder strnt¢gK tw*n¢ss and is s4*￿ted by three Su￿0mMIt￿e&
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 f￿AnCi￿ It a150 acts as an autht
Committee and afi Invesrment Con￿￿ttee.
Th¢ r¢munerauon committee has dde8ated [￿*ver to lPF￿Ve amual saknry reviv￿ for the mar482rnent ￿rn..
aFproving the U￿r￿￿jaI pay and corth1￿ and r￿le￿WI 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¢iv*in¥ 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 rev￿￿ed annually by the Board, Sets out the de*tsd authority ofthe committhe5 and
the princi￿1 officers. The commiELees are thair¢d by trusrees with a minimum C*f three truste¢ members.
Committee meetin85 are also attended ty relefiht $off. Eath commiutt has decisions rdtified iy the Board where
approprRte. The day.w.day managemenr rs delegated to the th￿exec￿￿e and the s￿l0r manag￿ent ream.
Trustees, remuneration
The trustees ofthe company. who compTi5e its Board T￿t recove any rermneration dur#￿ the pen"od.
The Woodland Trust purchases ￿dernnity inwjrar￿e to protect I[￿￿ ity Txustees and officws from bsse$ arisingfrom
certain 1vro￿l 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 ￿￿kn101￿1 athisers apFear5 On
page 73. Haysm¥inyre LLP has been reaPpO￿ted a5 auditors through a re%olutyon at the Septhth 2022 board meetin&
Members of the Board 2022-2023
8*rbaN 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)
{apwnt*l 30lune 2023)
Deuils tsftrustees. txptr*n¢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 re￿rd stsff fairty for the lobs they do and for fostering a positi4e wo￿n¥ en￿rOnMen(
and we believe our 5zlaries and employw*nt twrrs and c￿dIt￿￿5 rekn th￿.
peop￿ are employed ty the WoodPand Trust on the basts ofthe specfft they t*ing to thelr parikubr ro￿. For
the Trust to run s￿￿eSsfUl￿. a large range of 5kdls and ¢h5c￿me5 15 rwJired and we need to pay approwutety to ensure
that we can recruff peopte with the r￿t S￿11&
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 Tr￿1 ffirmty be￿e¥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 un*we 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
tal￿t in a cornpeiityve rnarket They need to be ablÈ to t0rnrn￿d the re5pert of their PEers in the conservation and charjty
woOd￿ndtruS(O￿uk

The Woo¢Jand Trust- Governance
sertor throu8h thwr experithce. k￿ed• and profts*ts￿ and perso￿1 crèJibih"ty. ￿ the s*m¢ ti￿, we seek ¢0 keep
senior management sakry costs at a proF)ortionaie ratr) ro othtr salaries in the orpnlsation. sakr￿ lor the sen￿r
rnana￿rnent team- the chlelexecutfve six d*ecwrs- are aFvroved and annually by the Trust's
rernuTreratlon committee.
The senior marthg•wt te•m as at 31 May 2023
Chiefex￿￿t￿V¢
Dire¢tor of con5eryation and external affa*s
A￿￿11 ￿nker
Ch￿1 financial officw [￿le￿MI
Rjthard Mar5hU
rec¢or ol brand and communKatKins
Ruth Hyde
Dyettor of fiJndrai5iThg and 5UPPOrter dv¥elo[x￿nt
Karl Mitthel
Director of operathMs. estste and woodand oweach AhsEar Ma
Chief inlormation offx
Kathryn Do*ms
Trustees, annual risk statement
Robust ri$k management enab￿ u5 to make Irthrn￿ deci5ion5 and take eakn￿red risks for the berbefit of woods and
trees. It allows us to anticip￿ and resporbd to chalenges in I￿r cwjlex opernung enYironmenL
A risk managèment policy h35 been agreed and irylernented by thè tru5t¢e5. Key risks are r¢v￿ved by the executN¢
rectors and recaved by the finance committee and Board. Mitiytin8 actlons are assyed to Inthwdua15. These acuons
reduce the Iikefihood andor Impatt olary detr*nental vrfent&
The board ol trustees has r•iewed the kt/ risks for the Trurt sats5hed that the major rth have been idEntthed. and
processes for addre551ng ihem have been vnplenth. A ft)rTh￿ ￿l¢W tsf risk tskes place It b recognis¢d th*r
any conErol system can pro¥ttk rw¢fi*bk, nor absolute assunrKe. that major risks have been adequatety
manapj.
The Woodland Trust ￿ewS the mar￿eMent of risk as an inte&ral dement of its strategt Flanr¥￿ eyaluatlon and decision.
Ma￿n% processes. IdentrfKd risks are embedded kn the IrDF4pJrentaOon oloyr stra¢egK F4an5 and our opera(K)r41
managemenc przetices.
Principal risks and uncertainties during the 12-month period to 31 May 2023
The prlncipal ri5k5 are those whith. wrthout effectye rr*￿Ve10￿. woukl haye a severe inpact on our wotk our reputation
or our ability to athieve our ambrrions. Oue Lo the k)ntterm nature of our work the Wood￿nd Trust faces a wmber of
Inherent prlncipal risks vthkh are coThsrant yw on year.
The bo*rd of trustees has considered the imF4Cts of the prin(yal n5ks on the ¢xDTri5ation'$ effect￿ty￿ in acli¢Ying i($
5trawic objective5 and for woods Th¢ top sertn risks and their M￿lat￿l￿ are 5urnmari5ed
below.
Flnan<ial $u$talrt*blllty
While ￿Jr finances are heakhy. irrfktion and an txttrmj ¢MrOn￿nI pos¢ SI￿1fi￿¢fiwW￿¥ to the
organisation.
Our financlal forecasts trixgers wovide tim* thforn41ion. while fundrri&ng stratw covers a thverse ran82 of
ndinz sourte5. vitth arrt)wlon u> gr¢M our incom& We are Inves￿n4 in nvw system5 and increasing our ab'lity to dEYek)p
addityonal financial in￿l to Mnproye our rmar￿ modemthz and scenarks Both restr￿￿1 and unrestrirted
operating Income and expenth'twe a5 well a5 acquisitions and inyestmehts are monlwred w ensure an a¢kquate levd of free
re5erYe5. liqU￿rtY and finaTrtiil Yiatxlrty. The finarKe committee p￿￿deS onwng Scrutiny of our re5erye5. fiDanual p051tion
and outbok
F*llure to bulld and malntaln a movement
Addressing the climate emergeno is ¢ontyryDi on ¢onvirtong the landowr*ers. knd man4ers and P0￿CY makers of
the importarKe. urgenty ind bÈnÈfits ol yotecun& restoring and creating woodPdnd- ga￿aniEll￿ theffl to art and demand
thany. Failing to fr￿61d effecDY¢ er￿Tr8 iowrw5 that thive 5upportW5 and partrbEr5 to Jth'n our IILKalty or
nationally) wll rnean our strategK goals b¢ athivrtd. There ts a rtsk ZhtV￿ w￿1 underrriTh ¢yJr me55ages rfwe're
not seeTh to live up to Qur own srandards.
woodlandtru5t.org.uk
29

The Woodland Tru5t- Goyernance
Our Climate Carnpxign is activety making the case for a pro-TratyJre aPPr￿ch 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￿ inll*Jce other5 ar￿ hold gtyernmtn¢ tts accounL
We are rea¢hifig out fo aud*ces. pAr[tu￿rIY the >Dunz and other demWKs currentty underrepresented in the
environmentsl movemenL We will fLsien to our supporter5 and Ydunteers through rr￿nItOring feedback and survey
maknng the case lor the deasions we b¥ed on thwr contri￿￿0n to the cawe. We will uphold our 5UPPOrter
promise ind continue to wnprove our funthai5in8 appn)a(he>
W¢ are comMit￿d to d*nonstyafing l*adership in the s•etor on enYiroNr*nkl ￿Ue5- and paruculady wood5 and trees-
and to reducing our iM￿tt on rhe e￿rOnm￿L We will work and report tranS￿renty. keep s¢itr¢e and v4Oente at the
heart of our activitie5. and stay abreast of the latest w-re4*wed 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
retrèa￿0 & maknng ir h¥d¥ tt) stture ￿nd and 15 d￿n8 up the pric& &wn￿arly, 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 acquI￿1￿n and fmancin¥ rnode15 which make us a5 cornpetitiwe
a5 P055ible while spwding thari¢alAe fvnds wudendy. We can't reach our aMb￿on$ by onP/ ￿1￿% land ourselves. We are,
therefore. in¢rwingly workirtgwth prtfi¢r% ￿ndOWnerS and polity makers ¥•ith the airn 01 t￿oUr¥n8 thern to protect
and restore more &y￿tingwO0dL7Thd and create new tmoodknds ir4wd of the for oth¥ purpose&
Our VK.an&lreL4nd.Sourcekn&Grown IUKISGI sundard ￿ our ￿ risk manage￿1 ttsd to help ensure our own
blosecure and resil*ni 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 sgnd*r*J 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 Y￿r5 hryhfthted the risks of inarfvertendy imporring tree
di5ea5e on phnting stock Having an estate where tree d￿eaSe5 and F*5ts 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 COm￿nILl0n$ of local cfimatic *1# aft incr￿r¢ impart on l￿d$￿e re%iliÈnc4 lrtduding ort
woods 2nd trees.
Our swe on bthecurrty is ¢lw. We have a tree*WOCrn pdity of UK•and.Ird•hd4ource&and.Gr¢)wn
Mater￿1, as avoiding imports rethjces disease rtsk We have prowcols to maintsin biosecurlty lor staff who move t￿tr￿en
51tes. Trust staff continue to monitor rree health and potenrRI th5ease rtsk and detect ind reac( where necessary 2nd
P05sibl¢ to new threats. Our iThy0fver￿Tht in the Observatree partnership 15 recozni5ed as assi5tinz detection and
moniwring of pesrs and d¢¢￿£$ 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$ll￿NCe of lanthcw wot>ds and to ¢limate we lo￿¢¢1te for a¢¢iYe wOodl￿d managemert
- with greater protection and resroratioTh of wooded habitsts. We promote the use of a whler range of ￿￿￿e specie5-
Improvinx 4e and str￿tural dNersity in woods to make them resif*nt- and will reduce the nerdtiye pressures
already on WOs)dLind aThd trees through direct delw on our e5ttta work with othtr larth¥mer5. and our lobbyinK
and adyocxy work
Int*rnal capatslllty and waclty
Our people are our grea￿1 asset Ind ih a mvker w¢waw to b¢ ar* of choice. peoplealso
need the r￿ tools and hcilitses to do the job well. There is * risk that we don't have the riht people or resources
(financial, technobyal or otherw￿) to delw tyjr Strategic airrs arKVor that a lack of leadership and management mean5
PEople and r¢sour¢¢s are POOTty de￿oyed or supporred l)Jr 5tratw ￿ ambiiious and <ould to people over-workin&
We have an as$¢xkl￿ dirKtor of Peop￿ leading our people straw. with key strarth on wdlb¥n& ￿ternal
¢ommunKavon8 recrubfmwt and reTrnvon. and dr¥er5ity arLd inc￿51￿n. Wt the Inve5t*X5 ID People framework a5 a
woodkndtnbst0￿uk

The Woodand Tru$t- Governance
me£hathism to idenrfy ongoing irry•r(wements to 5UPF#M our F￿FI& and we SUFWt our stsff representatth group to
ensure tWo-￿Y c¢)mmunKaiion. Robusi yo¢esse5 for wioritksati¢)n are bty.ng devebped, an¢5 our operating model is under
revlew. We are undergoin8 3 translorrnuon wosr•mme wh*h Includes ¢¢thnolty&Y uprades and adoption of new thotal
tools to support ¢wr PEople in thw work
Harm ¢0 a person or people
The Board holds the health. safety welttjeing of 5tsff, volunteer& C+￿tratt0r5 and as a key prhxlly.
organisational Management ot4e(tl¥es strfft to M￿TrU1n the bpst PO551b￿ s>ndards gfhelth and safety. ThE Woodand
TNst alx) operate5 a 53fexvarding F#)ky to protec[ ch4drwK younR peoF4e and ¥dnerabbÈ adults who with us. We
try to avowj reStr￿ting visitor access tts our woods ￿ thi5 n*gh¢ people's ofwoodJand- and o
own am ol inspir￿% them to value thls yeci(w natuTrl rtsour£
To enable this. the Trusi is an acth¥e mwthr of th* ItLWtty Group IVSG). the Forest IDdu5tyy Safely knrd (FFA)
and the Safety Ne￿￿r￿ The VSG write5 the Health and Safety ExectrtNe Apwoved Code of Practice for
man¥ing wsicor safety. and since tkcember 2017 the W¢￿dknnd Tru5Cs head of health and safery is a member ol its
manwment board. Followlng the guidarK¢ se¢ by the* roups the Woooland Tntyt aim5 to manage its slte5 with targeted
safety Intervention5 (suth as 51gna8e} where risk assessment ￿1$ 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 SchedU￿d 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. b*cked up wrth *pprowate trlining and exceknr irrWemEntstion ofVSG prirK*k
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 It￿Jt the costs of act￿n- 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 VA￿re per¢dved t¢ be in with ¥tas s￿h as ec*)norrri¢ growth and housebvilth"n& This
jeoparty is exxerbathd by incomF4ete imF4•nentstion of F￿-Bre¥￿t and ￿vIror￿ne￿tll governarKe
rewme5.
We will continue to mormtor and res￿nd 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￿ su*m¢nts ￿ accordahce with
apphcabk llw and UK a¢couniing St￿dardS {UnittiJ Kingdcmn Generalty A(cept*J Accounw Pratticel. These gfve a trne
and fair View ofthe State ofaffair5 ofthe cornpany and the youp as ai the ofthe t￿nc￿ peri(Ml arkd of the sury4u5 or
deficit of the Com￿nY for that period. In weparing these $taten*nts. the tru5tee5 are required to:
se￿t suir*Ne 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 Sts￿m￿ts
prewe the ￿l￿r￿7 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 aud*or5 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$0￿ble step5
for the preffttion and derecutsn of fraud and other Irregularityes.
The trustees have taken account of the Charity Commiss￿'S guth¢e ￿ public b¢fi¢ft when setung the TrLJt's
airffj and objectives and ptsnning our future activi￿ In ￿rtiCU￿r. the trustees consKler h¢)w ptsfin*J icty)ues coN¢ribuce
to the aims objeav¥es hyt seL
The report of the trustees whKh irtrcor￿rateS the rÉvUir￿￿ts ofthe S￿[¢8￿ Twas approved ar￿ aUthOr￿ed for
i55ue by the tru5tee5 on and wed on their behaff bf.
Bar¢￿e$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
S￿￿￿1 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 l￿W SuStai￿￿1rtY 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 S￿lIe&¥ introduces a hyh-tevd organi5aDDnal
respon5ily.lty frammirk for understsffi&"n8 and wo*cDvdy Man￿￿8 our sotial and eTw¥onmental responsitrAlities and
impacts and whKh sets oui oJr for a susrainable Wood￿nd 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 pr￿￿tieS for the Trnst over the next three-year P￿0& the clima￿ PO￿tive progrnmme and the Sustainable
Woodland Estsbf￿hrnent 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$. as wen as enhancing
our engagement wbth inwnal ind exrernal stakeholders. reFK•rting transparently on our rna￿￿%1 impacts. sharing our
experri3e aro lessons leamed to infonn poly and and on the learn7r￿ and prnai¢e ofothers.
In thts report we include some ofthe emtry"n¥ draft findinF from our work to wderstand the broa*Jer ¢arbc+n impacts of
our acty%1t￿$, 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 aC￿￿TreS and ofour su5uinthlity
strntegy and work be found on the Woodland T￿￿t'S Web￿￿.
Cwbon emhslons: thjr tota Scope l and 2 en*ssi¢ns for 2022-23. olcdared in accordarKe wth the GHG
Prottscd and in afignment the Streamlined Enew and Carbon Rew)ring G￿dartCe 2019, was 552 tonnes Cthe.
Althtsugh this is an increase on last year's emission& we bef*v¢ 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￿$1 the 201￿19 arld 201￿20 year& we wwe a rrwth ww¥5aDon. bu¢ a nwjth bigger lootprint
Icir<a 7QO tonnes C02el.
V¢hkle us•: Our total vehKle emtssions wa$ 472 ton1￿5 C02¢ up oth the We￿U$ year. However. thi4
is also Consis￿￿t with * return to more stsndard wrKking pat¢ern> 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 t￿￿￿Orted return to office-based worknfi& we Saw a IO% incrvs¢ in our de£triciry
consumpoon from last year. with a tarbon e￿$siOn figure of68 tonnes ofC02e. De￿￿ thi5. we are akn confident that
we haye limited this increase due io measures implemented in the h5t year, including a ￿tch to LED lightsng at our head
office to lower our ener&v consumwi¢yL On th¢ other hafid IYX gas corfjumptKJn kst ye¥ signif*cantly Idl by 40% on
2011-22, from 22 tonnes of co￿ to 13 tonnes. AJthou&th we bd*ve the We￿ou$ year's consumption was likety to have
been uncharacrenstically high with lower thah usd effioencies to cOm￿Y wrth pandemic-rdated regU￿￿t￿n$. in the fuu*e
we #im to sustain this new knver level of ¢omsumpo"ofi. In *dthtion. we are currently undertaknng a feasibility study
conyder what lurther ch*ngeswe can make our head offic
Carts￿ Int*nslty ratlo: The intens¢y ra￿ oftonnes Cole from vehicle use and enery CODSUryt￿rb per staff fvll.timÈ
equvalent {FTEI wa$ 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 201￿20 year ￿ OF*rational 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￿.o￿uk
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
31￿5
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 ern￿K)n$ reporrin8 w date has prknarity locused on ￿e1 Consunv￿On *crws
our estare. and WoodlarKI Tru5t-gwned vehth (kope l and 2 Wi55K*nsl. year we took the f¥st step towards •
m•re comprehethsNt and holi51ic a55e55mWit of carbon vniss¥)n5. beyond typic￿ carbon rePtsr￿ng
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 p￿Tr￿nCe 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 anvO￿ted 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 ￿derP￿n￿l assumpdons
and estlmate* but e*ty 1ndkat1ti￿ tre that existing woodknnd across the WoodLiThd Trust estate lexcluthng
woodknds created the Wcodland Trust Woodknd Carbon sthemel. Is estiN*ted w have rtmwed at kast 5Lx t(¥
seven times more carbon than was emittod 2021-22.
Whlk these wbon removals do not meet the add￿n￿llY requlremenu ofstand¥& suth Is the Sclence 8ased
Targets InlrAtwe158TII currently open for forynal use by CWPOTates). it P￿￿deS a first estlmate of the potentlal
stale of carbon benefits ol the Trus¢s prot¢ttiw. re5toraEK￿ and creation athtye5 wr own estate. As pr￿0￿$
Ment￿)ned. for the first version ol thls more detalkd c*rbM 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
woOdanthru5Lo￿Yk

The Wotrflknd TrLfyt- The environmtntsl im att
Annual carbon balance.. Calcula￿8 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 wood*nd5 rnature and new woodands are
created. However, throu8h the Th￿0d0￿1es developed and dehned throuzh this 15 ￿sSib￿ to P￿de an
dKatNe estim￿ olthe Tru5¥5 orbon ba1￿ce %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
Imy0￿nI colleuion and 9￿1
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 w*AÈr of limber products
haThested from the estate.
Wider sustainability measures
W*st** 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 Und￿1¥￿￿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 s￿r0$.. as 2
tree.gr￿7ng me£bum by some of our Suppr￿ nurwiÈ& and ptstitide& no￿blY Oyphosate. as of£reat￿n
Tr¢¢ guards: Building on com1ub￿nt to stop new 5*use F&stic tree DMrd5 on our esta* lasi
year, frOm￿ntsary 2023 delivy Or￿ar￿ schools and communitie5 aPFI￿n8 for fre2 tree pxks are fiow sent
up8ated guthnce on how to tAant and care for thar trees. rather thafi b*ni sefii F41St￿ pro￿10￿ as stsndard.
Th¢ Trur curremty has (our Pr￿tiC.free proteth.on alternatives ￿ trial acros5 MOREwtstsd& Tr¢¢$ br your
farm, and other re¥+onal 0￿reaCh aci¥ity. For SI￿ to effeupidy these prtsd￿ as a FArr of the Trurt's
der research projec( there are certyn con&rtion5 wh￿h must be meL li1$ lyso essential to manage
expec1a￿S 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
al*rnatwe method of protectwytrees Irorn bro￿n$ We are also workin¥tO F*ovide lanthswner5 wth bet￿r
guidan￿ *)n r¢ducMw use of &nIle4￿e plastics.
Peat: Peat imporwr for wboh sw and bk)di4ersty and rvnaln5 a coM￿n 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<ty 1$ 7Mel as pr(knoting peIt-rethK￿ strateoes to those nurserie5 we work vnth
Outshje of￿￿ contracc as P¥L ofthe UKISG a55wafKe 5wbtsd tme operate womote.
P*stkldes: Across our estart the Trust use5 very rrtle Fesvcid¢ hawng a4k>pted a best-praCtic￿L$ approach
to usage- btyond what ty recogntsed as Wt practke for the secror. This inYohe5 Underta￿'n8 a bjll
erwironm¢fi(aJ and sooal risk assessment prknr to usage and ideniifying apsYowM¢e method5 of non.chemi¢
vtgtration control wherever p05s*le. When Fe5ticNJes are Lsed. it is Underta￿ th a very tarwj and hmi¢ed
manner to aid estsbltshmemt ol rew trees or to control hon-nati¥& inYa5fve ¥*cle5 such as rhoth)dendron~
speoes whi¢h slgnthcandy rtsknes value ofthe w<>od&NL
We imF4em¢ni ad&ititih4 measures to those thar ¥e considwd best pr3ctKeftr the seetor. $uth a$ adoptyng
larger buffer zones between a 5Ffiy area and publ"c rEhts of way. ahd dosure of areas to the public durin8 any
5praylng owation5. By ¢OLiIMiwr4 to th¢s¢ m¢thod¥ our annual usa£e has remained low, with annual
lluctuation¥ depth&in¥ on the (C￿0￿10n of land we acquire or where control has been iden¢ified as regJ*ed
)dlandtrust.org.vk
35

The Wr*sdland Trust- The environments? im
due to external fattors (for e￿mF1& 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 h￿h 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
strate￿C commitment to enstsre th*t th¢ WOOd￿r+￿ Tr￿1 4 a re5ponsibk iK¥ines5 thar i% an exen￿r 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 tl*me
For tyjr priority theme5 we have develoF*d Fryrammes of xtt¥iw, wth Kry Performwe Indkarors (KPIS) w trydck
progres$. These environrnental themes include climate action. resources resdient eMronmwts and Iriing sys¢e
We intend to improve direct and indirett acuorfj as well as the artions of our suppliers and ￿r￿ers. as pArt of our
wlder advocacy and p)licy dev¢k)pffl¢nL Th¢ fdlowing principle5 dri¥e all of thi5 worlc transparen( accountable,
hdistK acts0n￿Menttd and a&
External certifications
This yearwe r**wed our Straf¢P¢ n¢tds frtyn * indeptyth su5tainatxlity and how this cin corrp￿rnenC our
bng-stsThding commitmenr to the recO￿ls*d fores¢ sustainabilrty sondard of the •Fore5¢ Stew7rd5hip
CouftciD {FSC
l. This annua￿ Yenfted coryhKe ol the ol our ev￿ through independent audit 15 dirett
rEspon5ible for some of our e5tabli5hed sustainabifrty reportin¥ criteria suth as the FeStKide use deulled above. We we the
first large kndowner fo have rtteNed FSC@ certIfKat￿ IDr a Col￿nu0￿$ 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#t￿Tr. Ask us for d*iis ofour Certthed
wood5. Certrficate number WFMICOC4Q1270. Licence ccrfle FSC£00940&
w0od13ndwust.o￿Uk

The WoodPdnd Trust- hnanciil review
Financial
review
Financial summary
Contknued supp¢vrfor the Trusts pwpose and obi¢uiw resdred th thc<xn¢ tr the >Ear 2022Q3 of £82.5
mlllion12021r2L. £76.4 milionj. £6.1 mlllion hryher 2021ni W￿h hrgh InfiaDoh and in¢re•sed etohomie
uncerrainty. acuon was taken during the year ro manage costs and total eKpenthiture was £69.5 w*l1ioD12021n2.. £68.6
miifion) of which £58.1 milbon ￿35 5Wlt on delbvering our charitable arnr*ny (2021ni- £58.6 rnilion}. Investment in
acqulrimg woods amd land fv woodland creation pr¢Jem. proreuiftg arbO¥hiw¢>othnd. and supporvng visiwrs to our
estate was lower at £1 1.9 millon. compared t•mh £15J ft￿.0￿ knst year wh*) we were vwy much locused on spendwu o
reserve5 lor the benefit olwood5 and tree
With addrt1On￿ ¥er*rou5 ¢SJnatbn5 ￿ support d hry-terni and futyre tots5 funds were £191.9 at the
year er￿12021l22= £180.4 nulb"onl. an irKrea5e of 6% (£115 rrill￿n) over the Fr. Of these, £151.7 mdlw)n 15 restricted to
specthc wojeir$ 2nd Includes (124 miifw in woods and Fknd. Toral fvnds £34.6 mdlion offree ￿SelVeS,
representing eleven months. worth of ￿restrIrted expenthturt Thr5 15 within the maximum limit of 12 months as per our
reserves poliry.
Income
The bille5t Source ol ¥Korne came from donatio1￿ w4¥ch vKhJth5 xKome from ¥KJrwidual 5UPPOrter& companies and
tharitable tyu5ts. Charithl¢ a<¢ry1￿$ wKh)de •)d AKome w¢ g¢h¢ra* vffjodknd fi4n4gemwL
2022n3
202Y23
2021122
2021122
Income
Inconie
Donations
29.7
36.0
27.6
Legaaes
Memberships
Charitable activiue5
24.5
24.0
113
14.9
12.0
15.7
13.4
16.2
23.7
Tra&"ng
Income from w)vestments and ot￿r
inttsmt
Total ￿corne
14
i¢J)
76.4
100.0
A quarter ol all vyr fvfiding from •fts kn"r* lelt and are very for each al￿ ewery 0￿. Nearty one
in four of all th¢ millions of tree5 we ppant and almost a yter of all the wood5 in our care and the wkllrfe habitats we
create are dIrett￿ fiJndEd ty yft5 in T•rf
Income from charitatAe actvit￿$ Wa5 £13.4 rrillK*n (2021ni- £18.1 miknfft)- 1&2% of ioul income. This irKome is p2rtAIL¥
generated by the sale oftimbEr. some olwhKh fol0￿ the dearfdhn8 of diseased tree5. By felling trees at the
eaAy stage of detectlng thseaso we can sti115ell the omter and use the funds fo hdp rep￿nI the site.
woodlandtru5t.org.uk
37

The Woothand Trust- Financial review
Our Corpora￿ prtners and th¥iublt trusts contirwed vthed 5UFWt ty contribJtin8 £15.9 mIl￿n Q021n2.. Ll 1.1
million) of income.
Corporate ￿Nn*5 ￿Clude S￿nSbu￿￿ 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 w0￿d not be able to the prot￿￿0￿ 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 ￿tt￿ateS
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¢)odl*nd
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- financ￿1 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 That￿naISca1e.
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 p0￿d$ 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 oft*tiÈ ￿ 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 p0￿b￿ we negotiate an Opti￿ to Ixy tl* lafid withMI afi •4r*d time fr•m¢ n¢eded ro rrise the lunds
Somerimes we work wrth partners w*0 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 en*t4e vs to rthe our fvndrai5ing ￿cOM
inyestfor luwre and ensLrt that wopriite corrtrots and p)vernance were and strengther*d. 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 adnini5*ring 5vpport¢rs' g*n¢rous dc*nations and
membership subscriptxjns. Also induded ￿ the c05t of the vrul we recefft from teams such as f￿anC
informA￿n techr￿1¢￿ and human rey)urces- ¥e4s tha¢ yovidè the supwt gOvern￿Ce 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 po*ry ￿ to hold free reser¥es equwalent to around srx months of budxeted unrestricted expenditure.
Thi5 target of Six month5. cover sits within an opernrK*nal band of fvt w seven months. cover and with a minimum limr( of
three month$. cover. In recent years the Trust has Jooked to urilise free reserves in delryery tsf the cause However, in
view olthe curren¢ thallenging ec¢)nom* cfimiw we will be aimin¥ to achie¥e baknced ￿d%¢￿ for the Coming lert ytars
and to hold free reservts at tht knl. ￿ the end of 2022n3. reserves totsI￿d £191.9 NMlJw)n P021121. £180.4
million), of which £124.2 million was represented by wood5 and Lind (2021ni. £113.2 million). wtth r¢striu¢d funds and
tndowmeTrts being £27.6 million P021nz. £31.3 million) and gentr31 restr¥e5 of É34.6 milK*n (2021121. £23.2 million). The
increase in our woods 2nd larkl was due in part trj the eantirKrd 5ucctss of i)ur ￿l￿raising and lonkterm Partr￿r$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 mir￿n
£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 milK*n
£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 v*ith SFocrfK COrK￿￿)￿S atra(hed wh￿h we airn to tomp
*•Ath as effectsvety as tx)ss*k 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
or￿nal capffal ¢an be expended.
Unrestricted funds
The unrestrtcted funds are av4th1￿e 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 rePre￿t I I mThths' worth ofunrestricted txpenthiture as per statutory
counts as at 31 May 2023. Thi% i% wthin th¢ ¢argtt range ofthree to 12 w￿nthS 01 budKeted unre5thaed
expenditure set by the finance cC￿Mitte
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 enab*5 our third.parry in¥e5tmvbi man￿e[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 0￿ectives11CtyW0e5 of any company
whose shares may be a£qU￿ed 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 rnill￿n 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 F*th. V*kn unra*d. they are aye*J by the trustees.
Each I￿g-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 er￿￿re 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 * baCk￿nd of economic t￿t￿lence 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 porrf0f￿S are invested lor the
long term and fluttuate yw on >w. the experya￿0Tr 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 Wood￿nd Trysttr the ye¥ ehded 31 May 2023 vthich cornpri5e the
consolidated Statement ol fin2n(iil *c(iViTies. tht group and pr￿t 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
(Unl￿d 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 pA￿t ch¥ita￿e company's affairs as at 31 May 2023
and ofthe group's and pareni chullabie companys ner mov¢n￿l irt fvhdk ittduding the ￿corne and ex￿ndIt￿r< for
the year ended..
have been propeth prepared in accordance with United KIn￿orn 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
In￿tment (kothnd) Act 2LK)5 ind re&U￿b¢*n 8 ofthe Chariw (knthnd) RwLitions I(￿.
Basls for oplnl¢Jn
We ctsndut￿d 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$1￿1￿$ ftsr the audit of the fmanckil
Sta￿rnents secuon ofour rwrl We are independent of th¢ groyp in accordance with the ethKal reqU￿ernents that are
relevant to our audit of the firt￿¢111 staten*n15 in the UK iTrctuding the FRC'5 EthKdl Standard and we have [V￿lled 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 re￿￿nI to events or condit￿n$
thaL Ind￿ldUalfy 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 M￿tee$ 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 informai*x The oth¢r knform*ion ¢ompro¢s th¢ inf¢rm*h)n included ￿ the
Tru5tee5' Annual ￿e￿rt 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 connettk*n **lth our ats¢Jlr ol the financol statem￿￿ tyJr resportsi￿rrtY 15 to read the other infornmtlon and, In doing $
¢onsider whèther thÈ other infonnatiorb is materialty ￿COnS￿ten[ wNh the financial statements or ¢4ur know* obtained
lft the audit or otherwffje aFvar5 to be materialty missrated. IFwe su¢h n4*ritl intonsistenties or apparent
material mY55tatemeThts. we are required to derern)ine whether th¥e is a materi￿ mis$¢aTrrr￿e in the financlal Statements
or a material misstatement ofthe other Inforn￿li0fft. If. b•sd on the work we have FWforn￿d. we corKlude that there
m•¥erAI mlssratement ol thls othw fflformariorn we are required to re￿rt thatlact We have Mthing to report in this
regard.
Oplnlons on oth•r matters pr￿rIbed 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. Arth￿1 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 Tr￿fee5. Annual Rwrt have been prepared ir
accordance with applicable I￿ requiremeftts.
Mattery on whkh ￿ •re requlred to report by exception
lo the I￿h% of th¢ kn¢)wl¢dg¢ and undErstanding of the group and the P￿nt (harltsblÈ comparby ar*J its environn*nt
obtained in the course of the auaL we have T￿t identified rnaterr￿ mtssDtemwts ￿ the Trusrees. Anr￿￿ Rewl (vthith
incorporate5 the Stra￿lC 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
Ch*rw Accounts (Scodindl RegulaTiOfiS las amended) rEquire us to report to you rf. in our oyn*Jn.'
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' remuner*ion SpeC*￿d art not or
woodtandtrusLor£.uk

The wood￿￿0 Trust~ Auditor's re ort
we have t)ot recelved all the infomMfion and exF4￿￿￿on5 we require for our
Re5ponslbllltles of trustett for the fiTr*nclal 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 <h•riuL4¢ comwny for the purposes ol COM￿nY lawl are resrX*nSib￿ for the preparation ol the fiftancial
ststemenu and lor being S*Dsfied thaz thty gNe a mle and fair ¥•trw. and tor such internal control as the trnstees determine
Is necessary tt) •llble the ¢)ffmrbcol thar ¥¢ fre¢ mater41 MI￿11￿menE whether due to
frnud gr eryor.
In preparing the hancial s¢atemefit& the tnL5¢¢*S ar¢ respo￿lL4¢ for asses*ng the troyp's and the parenr ¢harKable
ompany's ability to continue as a going ctyicern. th￿d￿n& a5 ap￿•r¥b￿, matter5 re￿ted ¢0 gDinz con¢ern and ugrbg the
going concern b￿1$ of accounting unless the trustees either intend to hqui&te the Foup or the parent thariotAe ¢ompany
or to cease ¢Jperayons. or have no reIr￿tIC alternative do so.
Audltorfs respoTrslbSlltles for the audlt of the fInanC￿ rtatements
Our objeciNes are to obtain re*son*lAe assurance about whether the fiTrarKsal ststements as a whole are free from materHI
misstatemenL whether due ¢0 fraud t>r ¢rrty, and to issue an auditor's rewt that our ownion. Reasonable
surafice is a high level ol assuranc¢, bur Is noi aguarnntee that an condu(￿d in accordance with ISAS IUKI will
a￿<*y5 detect a material mi55tatefflenL when it eyi5ts. Mi5sts*ments artse from traud or ernr and are consklered
n)ateriil rf. Inthvidualy or in the *ggregaw they touEd reasonabty be exPeC￿d to tnfluence the ￿onoMIC deC￿￿Tr$ of users
knm om tht basis of these fmn¢ial statan¢thty.
Irres￿aritieS. inchJ&ing fraud are instances of nw-cI)m￿¥￿(e tmth &ws and regu￿11￿$. We design proc¢dur¢s in line with
our re5pon&bthties. oudined aboR to detect matenal w¥sstatements in respEci of irregularititt, includ￿g frnud. The extehc
¢0 which our wocedures are capabk of detectlnK Irreg￿1n￿e5. inclurfing fraud 15 thw.led bebY.
ased on understandlnz olthe vou￿Char￿ab1e coMp￿Y the en¥rorffient in wh'th it operaw we identThSed that
the prIncip￿ fisks of non-compfftar￿e wkh hws and rezuLitions related to Charity Commls5iorK OSCK Charity ￿w.
Company law. lundraising rwLitiofis and GDP￿ and we consthred the exteni to whKh non-complrdrKe mtghc have
Materi￿ tffe¢t on the fI￿ncIlI stsrements. We also conshjered those laws and regulats)ns that have a arert impatt on the
pr¢yr4tyon of the finanol Sfawlenrs such as Compar¥es kn 2(￿& the Charitie5 Acr 101 l. Charr(*5 and Trustee
Investrneni {SCOtlar￿} Act 2CQS and rewation 8 01 thÈ ChariDes Ikothrw4 Re8ufatiOn5 2LI)6 and cortsider other
factors as income ux ¥Ld payrdl ta
We evaluated manage￿¢.5 in¢trrives and opportwuDe5 for fraudulent maniP￿tiOn of the financval sta*ments (Includinz
the risk ol override of contro15). and determined that the FYin¢ip#l risks were rela￿ to postini inapprowiate purnal
entries to reven￿ and management I￿￿ in arcounting estimate and appkation of controls around I￿ho￿lI￿)n of
expenthture and PayTnents. Autht procedwe5 PerfOrn￿ by thv er¥Jg¢wr t¢￿fi incknd¢
InspLYDfig c¢)rrespondence wrth regulators and ttx authorities..
tJs¢vssions with m*na8emeni ithdiD¥ consKleraTion of krthvn or su5pK*d ￿5th1￿¢s of rw<cffipliance T￿th laws
and regulaoofi ahd fraud..
Evaluating management's <orLtrds tts yevtht and detett irr4U￿1￿e%
Idents￿nE and testing i￿JM* in ￿nI￿￿ar I￿Jrn￿ entrie5 Posted with unusual a¢coynt ¢C*thr4rlons, postlngs by
unusuaj users or unusual de5cripvons', and
Challen8iAg ￿SuMP￿0ns and judgements made by managemt ￿ ther critKal acc¢?￿1]￿£ esiima
BKause gf th¢ inherent limiraiiofis of an audiL there15 a risk that we will rbgt detect am irregulrn ir*cludkng th*)se kndlng
to a fflaterial missutement in the fthancsal state￿￿nts or non-comFlrdnce with reguta¢k)n. Thts risk in¢r¢￿e$ the more thai
compliance with a law or rw&tion ts removed from the events and transac￿r￿ refiected in the ffinan¢441 ststem¢n¢s, 1$ we
wil be less l.kely to bec¢Th a*ar¢ tsf ifiswces of I￿.£¢)m￿1￿C*. The rtsk is a150 ffeater regarding irre8ularitye5 occurrin8
due to fraud rather th￿ error, as fraud Invokes Inwiion￿ concealmenL lor¥ery. Co*J￿on. orn￿510￿ or mi*repre5en¢aOorL
A further de5criNloD of our responsi￿11￿¢$ for th¢ of the financial STatsments t5 located on the Fwiancial Reporting
Countil's website at
'IMIith5. T1¥5 fornN olour athr's reporL
Use ofour report
Th1$ report is made solety to the charitatde companls member& a5 a body. in •¢cordance wrth Chapter 3 of Part 16 of the
CompAThies Act 2006. section 44111{c) of the Charitu and Trustee IrNesrment (Scotjafiffj Acr 2tK15 and regulation 10 of the
Charities Accwnts {Scodar￿) Rylations 21))6. C￿r audrt work trAs been th)dertaken so that we M￿ht State to the
charlrable companls member5 those matter5 we are re4uired to s(ate tts them in an Auditorfs report and no other
purpos¢. To th¢ fullest extent pernwtted ty law. we do accw or a55umE resPa￿lb1￿Y Lo *nyoThe other than the
charitable company and rhe charirable companls members as a boty. lor our audir wtsrk lor reporL or for the
ownior* we h•ve lorme
c£g*
Kathryn &Jrton (SeTh￿r Satufory Aydr<orl
For and on beh2M of Haysmacintyre LLP. Smurory ￿j&or¥
D•¢¢'. 29th November2023
wcodandtrust.org.uk
10 Street Place
Londc
EC4A IAG
43

The Woodland Trust
Consolidated so*ment of financial activit
for the year •nded 3 l May 1023
General DeS￿ated
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 charlt*ble
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
Ièxptndl￿rel.
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
lo￿ard at l June
28.657
7.251
13&125
8.3n
180,405
I73￿29
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.
Wood￿ndtruSLo￿uk

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 offfin1￿1 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
4￿017
.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
An3￿5
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 J￿E
5hat31 May
113101
8,171
Change In cash and
cash eqU￿alents 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￿ att￿l￿e$
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 move￿￿nI 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 corn￿nY limited by guaranw w"srered in Enland and w￿e1 and a regtytered
with the Charlty Commi$8ion and the Off*e of the ScoMh Ch¥iw Relu￿￿r.
Bas15 of accountln8 and ststement of c•mpllanc•
The fin•ncr41 suc￿en[S h•¥e be￿ pr¢pare4 under the hi5torial cost Co￿entIon 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 Repc*ning ty Charities'1SORP 201￿ as darified
5th5equert update bvlietins. The Trust is a Iljbhc Entw as defined ty FRSIOI
Preparat¥on of the atto￿ts a soln8￿ncern bask
The tru5tee5 CO[￿der that there are no miterial ￿cer￿MI￿ whd woubj ¢all *&)ub¢ on the Trust's ablity to
Convnue as a going cofttern.
8•s1s of <omolld*tlon
Consolidated fir￿C￿l 5tsterner￿ have been prepared lor the Woodknnd Tntsf and irs wholty ¢)wned subsidi*ries'.
Woodknd Try5f IEnwprise5) knrnited and Woodland frust Farmirb8 Limthj. The turnover and expenditure of
the subs"thr*s are Indlthd tithin the ¢onsdtdawl statement offirrdnC￿ attviiM. The assets ind liabilr(ies of
the subs"thries are Ind￿ M a lintrby.liAe in the tt•nsolida¢ed balance Sheet in accordance with FRS102
sectk>n 9- consofbyated and syrate ffinan0￿ st1￿men￿ Urtilorm Krwniing polKies arp adopted throughout
the group and any profir5 or 1055es ari5inKfrom intra-zroup transacrlons are efrnknued In the consolidat
statement of fiTrantMI attviiw A s￿rate Statem￿ offmantial actwilles has not be•) yepared for the chari
as permitted by s¢¢uM 408 ol the CompaTh￿ kn 2CI)6. Gten F￿1￿% Famiin¥ Limited 15 excluded from the
consolidated accounts as 1¢ is materAI to th¢ group.
Fund •ccountlni
R•styla•d
These fijrth indude donations le8acie5 and grants 4¥*4ch have been wen to the Tntst ro be ysed in accordanc¢
wth the wishes ol th¢ dcrtr. ￿1 wood5 and land purthased and th)nated have been ckss**d as resthcted funds.
Thls Is a prudent approach as it 15 ntst pratticable to re￿￿* the W thxuments and conditk)ns on all of
the sites acqulred since Truttwas estawished
Th¥e represent mony gfveh kn cohiJnctiOD TwKh pFrs of l￿d to woYNJe knr their fuutre con5eMt￿Tr. Al the
endowrnents are intended to be F￿rn￿￿E Wth the orilnal ¢4poI beiThg rwnuined and the incOw￿ and upital
growth beln£ util￿ed. In cerrin arcUMsra￿ some ofth¢ clpol can be exp*thd. s￿leCt to the terms
of the tnd¢)wmenL
ThtA unrestrK*d fund5 can be used for ary ofthe Tn￿S purp)
These funds have bÈen set asidÈ *)Ut of unre5trKted fvnd& by the trustees for purpose5. The alm and use
of each des¥nat¢d lund is set ¢)ut ￿ th¢ ntstes to the account&
woodlandtrusLor&uk

The Woodland Trust
Note5 to the accounts (continued)
for the year ended 31 May 2013
f. Income and eTrdO￿nent5
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 recer*ed 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 dffin*ncAI *cti¥iues at a reasonable
estimat¢ whkh th¢ Tr￿t wouhj have to w on an open markeL
Grants
Grants for woodPdnd managemert are crerfrted to the consoldated Ststem￿ offir4nt*l 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 •m￿Sed 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 ctM*erning 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 WO￿te}. 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 IT￿orne is trom h)tteriE5 managed by People's Posr¢od¢ Louery (FPLI. WOodl￿d Trust Enthrpr¢5e5 ￿rnited has Tho
ability to aher the pr*e of lick￿ d¢ternwne the prtzes or reduce the mirwent fet PPL 15 the acting ￿ncipal lor the$e
draws. Net y¢xeeds receNed are reco#n￿ed within lottuy ￿c¢)rne in th¢ Soterwt of Financ*1 Acti¥bi¢es. The anatysis of
the woceeds 15 detailed In note 3.
In laTh￿ry 2021. the threct benefKilry relat￿lP with People's P¢sr¢odÈ Lottery (PPL) ended Players of Peo￿e'S
Postcode Lottery continue t￿{r valued slVPOrt ofthÈ Trutt awards made by Post(odE Green Tru5L
The Contr￿N￿10n olwolyntevs
In a¢¢ordanc¢ with SORP 2019, no amounrs ￿Ve been in(hJdEd in fr4fKd statements to refiecr the value ofseryKes
yovthd free ofcharye to the Trurt ty ¥oluD*er*
Cartbon d￿￿tIOnS
We acovtty solick and rec¢fve th)n￿on$ ro hdp the Trust tree5 an¢1 Fyotettwoodafid across the UK loC￿ng 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 reqUIr￿g
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 M*y 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 ana￿sed in note 2 Ipy 521 to the accounts. Thes* are ￿llYSed in
nc+tes S and 6 Ipag¢5 $￿sT) to the accounts and MKlude Membersh￿ cost& fundraising COSTS inv¢$D￿ent marwent
cost&
Ch¥itable acthTl¢l•s
Expenditure is aloared as folk*v>'
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 w*ludt5 the restoration olal anc￿rt woodknnd and the
re-creat￿ of native wooded kndscapes
Cr¢atK)n of n*• fjaove woodfaod- direct expenditure Include5 the c05t ol pkTrting m￿nI￿nIng 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 devdOw￿L infor￿lI)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 xtp*irr.
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. Le￿hold 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* ¢quipn*w 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 dunat￿9 within thE con501[da￿d 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 all￿￿tht 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 COm￿ete￿ the Trwt re¢or*Js a grantwithin exP￿th￿re to relkci the transfer of the
woodland on a long lea5& The woodland 15 val￿d within the Trust's assets at the ￿lue ol freew interesi retained
(tyP￿a￿ 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 1rylrn￿L ￿1 othv invesvnents arè
sta￿d at fair value li.¢ market ￿lUe) at th¢ y¢•r end The moyenw in valu*t*y of is shown in the
Cons0￿dated statement of knTrclal actNitses and comprw both reah5ed and unrealised aftd losses.
k. L*nd for planting #nd res*le
Land for plantlng and resale ¢ W at the cox the &nd and its associ#￿ W and professlonal fe¢$.
l. Stod(5
Stocks are •r the ofcost and net reah"sable ¥a* where cosl coft¥** pwthase
. Critical accounting judgements and key sources of ertimation uncertainty
In the aP￿1(a￿n olthe dwirf5 poIKie& trustee5 are required tt) make e5tirna￿ and wurrptiohs
about the carrying Y￿￿eS of assets and I￿￿"￿￿•e$ that are not readty apparent from other sources. The estimates and
undth'ng assumPt￿nS are based on historical exF￿￿￿e and other factor5 that are cons*knd relevant Acu￿1 re5￿ts
may differ from these e5umates.
The e5timate5 undwlying assumwipns ¥e reviewed on an b￿* Revisio￿ to accounting estwNtes ¥e
recognised in the p￿d to whith tlw relate.
The key 50urce5 of thit have a 5%￿lfiCant effÈtt ¢)n the amounts recwised ih the ffinancial
statements ¥¢
Recognit￿n ofre5Ovary ler4q where there is 5ignifiGnt UrKer￿tY over the valuation of 5pethfic *ssw or
Ik4bilmes within the esrate and. theref￿ the measureM￿t triteria rewired by SORP 2019 15 not meL
The annual depreciat•)n and amcrtisation charge for asset5 are $￿ID¥e to change5 in the e%￿na￿d usefLI etonomi¢
lives and residu￿ val*s ol the asse￿ The useful econorThc &¥es and residu￿ ￿UeS are re-assessed annually.
Don*Led woods are ￿l￿ed LNng rhe average cost of￿1 woo¢ts purchased by the Trust ￿ the UK ￿ the last three
year& DisufictTh ty rr4dt Sy purthastd thar wouk4 Imwr the *dlu*rion of fvture purchase& but no Oistincuon 15
de for FoyaphK are2 or nature of the site a5 the Trust co1￿￿JerS this to have no rnaterHI impatt on the valuatytsn.
Management appks judg*nent kn the re¢¢wlri¢rt ¢1 thco￿ wh.ch is eW*ned further in note 3 (page 53).
. Financial instruménts
The Tr￿[ has fiw¢lal assets and liabilities of a kind that as basic ffinancial instrurnentt Basic finaficial wi$trurner￿$ are
Initially reco￿￿￿ed 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 th*r fa￿valU
. Operating leases
Optming kase rentals are ch¥pd to the consolKlated ststement Olfw￿￿1￿1 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 ConV*xN￿n PWIS￿n schemes. The cost of prov*4ing per￿￿ ¢5 charged to the ¢onsofthted
ststement gf financkil ac[Mt￿. usin¥ the albrat￿Tr method se¢ out in note & in the perK)d in which COMribLrtions art
q. Conduit tr*nsactlons
Where Trust has receY¢ed fvn& under cor¥Jit thJn¢SDg arr3rywM% thty are not shown as Ir￿ome in the sratement
of financnl acETr7￿5. The asse¢ rtteNed Ilor exanwe. cash) and the 0￿gatIon Ilrdlxlxyl to pay thi5 over to the third parry 15
also not shown in the baLl￿¢ sheeL It Is separatdy idenof*d in the noths to the accoun15. exp￿"n¥ thE naty￿ of the
trafisacuon and the relat￿nShip 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 M*y 2023
2. Income 2022123
G￿ra1 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
D￿l￿d woodknnd and L4nd
3.342
3.342
Total donatlons and Wles
39,739
21,475
62,Z14
Sponsorship ￿Corne
Lotter*s
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¢7t*YJ5
In addioort to the lepcy income reciyded al￿ the Trt￿t had been •d¥ised ora number ol legaoes W¢2thed to it
where (he eondrtions r*rdini inc￿Tre 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& CharIta￿e 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 tr*dlng *rti¥lties
4,269
4,269
Grants
2.164
11.372
13.536
Income charIta￿e
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
To￿1 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 Lo￿ry Hwitage Fund
Local Authorities
1.079
941
512
218
Welsh Goverrffient- Uywodraeth
StotU5h Government Rural PaYTh￿ts 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 ￿$¢m￿Y Go￿rnMent RL¥al Payrnts
Scope
National Forest Company
Rural Payment A1￿cleS
Nigel and Mery4 Carr
Other yant provid
Soll A550datlon
224
47
32
64?
27
19
Natural Resource5 Wales- Cyfc*th Natyriol Cymru
Catch 22
14
45
10
Esmée Falrb•kn Foundatlon
European 4ricultural Fund for ov￿￿￿tIDAE￿A
Greater London Authority
Green Recovuy Challenge Fun& NatKsnal Lottuy HerIti￿ FI￿d in rwtswshlpwrfh Naty
EnzLind and the Enwronment Wy on behajtof De
2.700
HM R*¢nue & Customs Corona¥￿$ job retent*)n schemp
Naturescot
105
Peop￿.$ Trust for Endaryred Spec
E#¥ironment Agw¢y
Tot•1
1201
9.828
13.536
OF those lis￿d 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 p￿ce the perio￿ or the condbtion5 Set oiit ty the dor￿r.
* 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. EX￿ndI￿re 11123
Dwect Support
2022123
£,0￿)
Expenthrure
kn4ty5iS
m￿￿er$￿"p
6.778
j￿dra￿1￿E and apppa15
Cost of donatbns aTrd legac￿$ Ctsrnpany ¢h¥ith ryvsts and l￿d￿l tax
Lycies
693
87
10
97
694
1,134
9,828
Sporsorship
93
Other tr*Smg ac¢b¥i¢
415
54
469
173
23
Total Other tradthg actlvltl
Investment marw￿r COSts
Tot￿ ¢•$¢ d rahkng
170
1,469
149
Irbvestrnents
149
Cosr of r*ing ￿ndS
10,142
1.394
11,446
13.48S
1.735
15.220
Charita￿t 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 state￿nI of eXPe￿I￿￿re 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 activ￿leS
373
419
Lotteries
20
22
Total other tradlttz actrwities
I￿e$[men[ managem￿[ cosrs
Total cost of rahin8 funds
145
1.311
Invesun*
179
Cost ol raksing fiJnd5
8.988
1,084
l Q,072
Protect wgodland
14.197
1,737
15,934
Charitable JctiYitV45
Restore WfM)dland
15,377
1.886
17,263
Create WOOd￿nd
Total ch•rftable actTvitie5
22.638
1740
25,378
52,212
6,363
58,575
C05t ol rai5inz funds and
tharffable e¥pendiwrt
Total expenditure
61.200
7.447
68,647
The WOtsd￿nd Tru$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¥Jh*nuon d￿rtI 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 Y￿0dLind
83
264
90
1.738
char￿ble
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(
lfitt*mo 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%
kU￿￿d using the fUll-tiTh￿ equrrfalent methc*
557
530
243
233
Employee analysis
by function
Funtraolr¢
215
210
GovernarKe & sUP￿rt
87
AY¢raze nwnth•r ofemploy*es
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. I￿￿dIr¥￿e¢ and m2n>gement ofour wooth.
promovon of our worl res¢arth ¢mploy¢e mentortnR and adrin￿tratiOn. In add"iknn. we rety OTh yo￿01¢•r$ fo colect
on the Anc*nt Tree Invwtory ahd akn on ch.mate cwe throu&h our F￿er￿￿>￿ proiecL
We use the vo￿n￿r Investsnent and VaFue Au&rt prcws to ￿•Mate the contrit*Jtyon ofour Volun￿er5. During the 12.
month F*riod ￿ 31 May 2023. yo￿nteerS conirityjted 209.454 hour512021ni.197.468 hours) with an ascribed value of
£1.7 ￿￿110￿ P021121. £1.6 MI￿0￿). whKh is not relkcted ￿ thefrtntial statem
Employees. ern0￿ments 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
AM0￿1 C$ 2022n3
2021122
140,fX(k149.999
I30.W￿139.999
120.IXLk129.999
I 19,999
B/nd5
l￿.(￿109.0c
90.0C￿99.999
,¢](M9.999
70m79.999
10
8. Investment Income
Invesm*rt Ir￿me
Anaty￿S
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
fre￿￿d kasehold lèasehold frethojd k4s¢hold leasehohd
COCA)
F￿ed 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
DISP￿11$ 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 M*y 2023
l O. Other fixed assets
Office
y)m￿r & 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 J￿e 2022
1516
4.011
430
$23
Depretiation
97
55
331
in the Ptr￿d
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 m*rket value
RestrKted funds
17.423
19.006
Ge1￿￿1 ￿1￿15
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
In￿StmentS 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 Wood￿nd Trust
Note5 to the accounts (continued)
for the year ended 31 May 2023
Investment ￿￿ation(moVem￿ts)
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
unreal￿e￿ ￿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(ha￿d for resale
Group
2022123
Group
2022123
Charity
2021122
Charity
2021122
Land aYailth¢ for resa
Value of land for resale
542
$42
542
542
Land aval￿E4e 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
Wood￿￿1 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 mtteri￿S 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
d*bt(¥rs
5.349
IM36
5.128
1.036
25.217
29.638
25,750
29,772
1 S. Creditors: amounts faHing due t*lthln •)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•t*l ¢r¢dltoYs
9,314
11,236
9.113S
16. Lw*term debtor
There were no Ic￿￿erM debtors in 2022n3 and 2021121
17. Mw•m*nt olfvnds
Balante at
31 May
2023
É'c￿0
BaFan£e at
I lune 2022
Gain
Ltssse
come ex￿di￿re 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 purch*sed and thÈvalue ofdtsN*d 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 I￿L because of the natLtrÈ ol the restrictions
Imposed by a tettaror. li can sometimes take an apprecith PErrf￿ ofDme before 9￿1￿.￿1 sP￿d can ￿ identthed.
The (und for luture acwI￿¢￿￿s 15 a resu￿ of ¢kn*tTron5 rKeived thJriy the ¢urr*K to acquye ¥voc*J5 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 Per￿￿r￿ty 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
eytr*th￿re 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 finar*AI 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
I￿78
28,657
Designat￿ fund
13.041
11,077)
(4,7131
7.251
Total U￿r￿trIcted 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
3￿51
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 th*ritat4¢ 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 reSt￿ted income recewed in the year
£11.076lkand r¢5trKthd lexacie5 £1198lk in accordanc¢ with th¢ wtshes oftt* kptor.
D￿￿1 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 des1￿￿ted 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¢srr1c￿d
Permanent
ary151t￿n3
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 L*nd to enable the WOodl￿d 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 ade9￿le 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
Ta￿ble 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 o1wc￿5 and lan& £124.169k (2021ni. £113.185k) .
Fund bI￿nCeS at 31 May 2022 are reyesenwl br.
Unrestritted
designated ReStriC￿a
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"ar*s 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& co￿￿C￿l activitie& rdffles and m￿h1￿(b"s¢ sles. Wthin the cost of sales and ad￿0￿15￿atl0rt expwses of
Woodland Tru$t (Enterpnsesl knrM¢d Is £1,145k1202L. £1.126K) ￿Yable to the wood￿nd TnJsL Amounts acwany paid
over Irom SUb¥d￿rieS in re5pett ol the current year is £1.688k (2021121- £1.715k}. 80th donate their
ofits to the Woodkdnd Trust undEr a deed of ¢t>V¥WIL A surnm￿ of th*"r tradin8 iCCtyJnts 15 5hrywn bdow, and tlM5
includes payTheThts made to the wood￿nd TrusL AuthtÈd acctyjnts h¥e been filed with the Registrar of Companies. G
Finglas Farrning Lirrrited Irty"st*red tomyrty no. SC408716) was irKorporated in Scodand on S October 2011, and is a
wholly owned domnTht subsidrdry on 21 IW￿ 2021
l acthTt subslthaw have the s*Y* repsttr￿ adthess as the Wocdand Tr￿L
2022123
EL
2021122
EL
202M3
wrFL
1021122
wrFL
£'ooo
Net In¢¢me from trath"
aCUviDes of Su￿.￿&￿r[¢S
5.102
382
547
1060
1.814
316
Gros5 profit
ence pa￿t to the Woodand Tntst
Oistributiofi cosrs
3,242
2,595
47
231
12291
(235)
141
131
Proffit and los$ attI￿nE
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
V￿dIandtruSt.tsrt.uk
69

The Wood￿nd 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
L*ase5 whith eyyre wAhin one year
245
360
Other
Leases whKh expire t￿hift two ro fThe years
273
sil
21. Capital commltmerts
Commitments for expenthwre r*x wovKled for th these ¥cwnts th re5pecr ofassets w*Jer consrtyciion ar￿*￿TrE 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). InC￿ded 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 legac￿5 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 ¢n￿re￿ 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 FtsrestTr￿l Tworked in ￿rtnerShiP with thewoodknd Trust sirKe
1018 to deliver the first N¢vth¢rn Forest DefralW*)0dl￿d 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 aCti￿lIeS
I￿estmentS
32.574
4,269
4.269
(1091
Income an
¢#dowment$:
charItab￿activIt￿S
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 {1055esllza￿s
Ne¢ Income l (txpefftthw￿j
{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
lo￿0
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 * r￿1 including membvJship of the TrnsE supponing our
campai￿5 or appeals ¥olunreering. knving a OfL th your pts￿￿% our raffl< and b￿1Th£ from our onhne sh¢p. Find out
more at woodlandtrnsLo￿uk Thank you.
wood￿ndtrUs(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 Pr*bon {Europ•) Llmlt
I SS &shopsgat4 Londm. EC2M 3TQ
Solicitors
RusseKooke LLP
2 Puuy London. Y*VIS
woodlandtrust.or8.uk
73