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|Settlor|Dr. Frederick Mulder CBE||
|---|---|---|
|Trustees|Dr. Frederick Mulder CBE||
||Hannah
De Carteret||
||Robin Bowman||
|Address|Castle Hill House, Northgate,|Totnes TQ9 5NX|
|Bankers|Santander,
2 Triton Square,||
||Regent's Place, London, NW1|3AN|
|Auditors|Cooper Parry Group Limited,||
||Chartered
Accountants
and Statutory Auditors||
||New Derwent House,||
||69-73 Theobalds
Road, London, WC1X 8TA||
|Registered|||
|Charity Number|296019||
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|||Note|2023|2022|
|---|---|---|---|---|
|Income|||||
|Donations,
grants and legacies|||63,493||
|Trading activities|||1,720,659||
|Investment
income|||24,871|38,277|
|Total incoming resources|||1,809,023|38,277|
|Expenditure|||||
|Expenditure
on Charitable|activities:||||
|Grants payable|||532,437|500,194|
|Direct costs|||6,364|13,725|
|Governance
costs|||21,712|21,809|
|Total charitable
expenditure|||561,513|535,728|
|Trading
expenditure|||1,154,158|9,091|
|Total resources expended|||1,714,671|544,819|
|Net income/(expenditure)|before||94,352|(506,542)|
|investment
gains|||||
|Net gains on investment|||21,326|75,757|
|Net income|||116,227|(430,785)|
|Tax on trading activities|||(17,146)||
|Net movement
in funds|||99,081|(430,785)|
|Funds brought
forward at 1April 2022|||5,178,026|5,608,811|
|Funds carried forward at|31March 2023|12|5,277,107|5,178,026|
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|||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|---|
||||Note|2023|2022|2023|2022|
|Fixed Assets||||||||
|Unquoted
investments|||9|2,889,132|1,832,794|3,338,779|3,288,961|
|Quoted investments|||8|1,557,158|1,968,584|1,557,158|1,968,584|
|||||4,446,290|3,801,378|4,895,937|5,257,545|
|Current Assets||||||||
|Stock|||10|152,902|1,116,646|||
|Debtors|||11||48,972||153|
|Cash at bank|and in hand|||710,215|214,530|536,381|213,240|
|||||863,117|1,380,148|536,3S1|213,393|
|Creditors: Amounts||falling due||||||
|within one year|||12|(32,300)|(3,500)|(42)||
|Net current|assets|||830,817|1,376,648|536,339|213,393|
|Total assets|less total|liabilities||5,277,107|5,178,026|5,432,276|5,470,938|
|Funds||||||||
|Unrestricted|funds||13|5,277,107|5,178,026|5,432,276|5,470,938|
|||||5,277,107|5,178,026|5,432,276|5,470,938|
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|||||Group|Group|
|---|---|---|---|---|---|
|||||2023|2022|
||||Note|||
|Cash flows from operating|activities:|||1,118,722|(444,644)|
|Net cash provided by (used|in) operating|||||
|activities||||1,118,722|(444,644)|
|Cash flows from investing|activities:|||||
|(Purchase) ofinvestments||||(1,016,918)|(71,978)|
|Proceeds Irom the sale ofinvestments||||393,SS1|651,702|
|Interest and dividends||||||
|Net cash provided by (used|in) investing|||||
|activities||||(623,037)|579,724|
|Change in cash and cash equivalents||in the|reporting|||
|period||||495,6S7|135,080|
|Cash and cash equivalents|at the beginning||ofthe|||
|reporting
period||||214,530|79,450|
|Cash and cash equivalents|at the end|ofthe|reporting|||
|period||||710,215|214,530|
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|1.
Reconcilia|tion
ofnet|movement
in funds to ne|t cash flow from operating
ac|tivities|
|---|---|---|---|---|
||||Group|Group|
||||2023|2022|
|Net movement|in funds||99,081|(430,785)|
|(Gains)/losses|on investments||||
|Realised|||(99,780)|(45,096)|
|Unrealised|||77,905|(30,631)|
|Dividends
and|interest from investments||||
|Decrease in stocks|||963,744||
|(Increase)/ decrease in debtors|||48,972|77,262|
|Increase/
(decrease) in creditors|||28,800|(15,394)|
|Net cash used|in operating|activities|1,118,722|(444,644)|
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|2.|Donations,|grants|and legacies|||
|---|---|---|---|---|---|
|||||2023|2022|
||Donations|||63,493||
|||||63,493||
||All income|received|in the year was unrestricted|||
|3.|Investment|income||||
|||||2023|2022|
||Income on|quoted investments||12,646|11,422|
||Income on|unquoted|investments|12,225|26,855|
|||||24,S71|38,277|
||All invetsment
income received in the year was unrestricted|||||
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|4.|Charitable
activities|||||Notes|2023|2022|
|---|---|---|---|---|---|---|---|---|
||Grants to Institutions||||||||
||Against Malaria Foundation|||||||15,206|
||AIGAS|||||||10,000|
||AITEC|||||||7,500|
||ALPA - Acces la Pamant|pentru Agroeco|||logic||30,000||
||Beaver Trust|||||||30,000|
||Beaver Trust Emergency|Fund||||||5,000|
||Black Funding
Network||||||20,000||
||Bowden Pillars||||||10,000||
||Camden Giving|||||||7,500|
||CEA Ltd||||||15,000|15,000|
||Chairman's
Discretion||||||9,173|9,570|
||Climate Bonds Initiative|||||||10,000|
||Covid 19Relief in the Global|||South||||8,000|
||Cyber Tracker (Grant 3)||||||55,150|32,000|
||Devon Environment
Foundation||||||20,000|10,786|
||Directors Allocation
-Bryn||||||10,000|10,000|
||EFN Rapid Response||||||10,000|10,000|
||Environmental
Defence Fund|||||||10,000|
||Fossil Fuel Non-Proliferation|||Treaty|||10,000||
||Gallery Climate Control||||||5,000|2,500|
||GIFT||||||16,190|15,206|
||Give Directly||||||15,000||
||Glacier Trust|||||||10,000|
||Global Witness||||||5,000|25,000|
||Global Assembly||||||15,000||
||Greenpeace
Environmental||Trust||||10,000|10,000|
||IFPDA match funding
(Global|||Empowerm|ent|Mission GEM)|13,954||
||Industry
Tracker|||||||10,000|
||Keep it Wild - Turtle Dove project||||||15,000||
||One to One Af'rica Children's||Fund|||||2,500|
||Oxford Process||||||5,000|10,000|
||Peace Brigades International||||||10,000||
||Playback Theatre Southwest||||||25,000|25,000|
||Rewilding
Britain||||||20,000|15,000|
||River Action||||||25,000||
||Roots and Wings Foundation||(Hungary)|||||4,206|
||Share Action||||||20,000|20,000|
||Sightsavers|||||||20,000|
||SMK Foundation|||||||5,000|
||Somerset Wildlands||||||10,000|10,000|
||TFN Events and Pledges|International|||||4,240|3,028|
||TFN Events and Pledges|UK|||||30,790|32,300|
||TFN Starter Grant Programme||||||13,940|12,392|
|4.|Continued|||Notes|2023|2022|
|---|---|---|---|---|---|---|
||TFN UK Swan Appeal||||30,000|30,000|
||TFN Office Move|||||7,500|
||Trustee Allocation|-Hannah|||10,000|10,000|
||Trustee Allocation|-Robin|||10,000|10,000|
||Tsumkwe
soup kitchen||||3,000||
||Woodland
Savers||||26,000||
||Valence Solutions|||||20,000|
||Young Wilders||||5,000||
||||||532,437|500,194|
|5.|Direct support
costs —office costs||||2023|2022|
||Other office costs||||6,364|13,725|
||||||6,364|13,725|
|6.|Governance
costs||||2023|2022|
||Bank charges||||148|201|
||Conference
and membership||fees||12,260|11,146|
||Travel expenses||||448|657|
||Trust management|fees|||8,855|9,805|
||||||21,712|21,809|
|8.|Quoted Investments|Quoted Investments|Quoted Investments|||||
|---|---|---|---|---|---|---|---|
|||||||Group 4|Group 4|
|||||||Charity|Charity|
|||||||2023|2022|
||Market value brought|||fonvard||1,968,584|2,028,637|
||Additions|||||109,477|68,378|
||Disposal|||||393,881|~213,129|
|||||||284,404|(144,751)|
|||||||1,684,180|1,883,886|
||Realised gain on investments|||||99,780|45,096|
||Movement|in unrealised|||valuation|||
||gain in the|year||||226,802|39,602|
||Net gain/(loss)||in the|year||(127,022)|84,698|
||Market value carried|||fonvard||1,557,158|1,968,584|
||Investments|at|market|value||||
||comprised:|||||||
||Rathbone s|||||595,252|808,060|
||Fund Partners|||||886,343|1,086,150|
||Ennismore|||||75,563|74,374|
|||||||1,557,158|1,968,584|
|9.|Unquoted|Investments||||||
|---|---|---|---|---|---|---|---|
||||||Group||Group|
||||||2023||2022|
||Market value brought||forward||1,832,794||2,276,739|
||Additions|||907,441||3,600||
||Disposals|||||(438,574)||
||Movement
valuation|in unrealised
gain in the year||148,897||(8,971)||
||||||1,056,338||443,945|
||Market value carried forward||||2,889,132||1,832,794|
||Investments
at market||value comprised:|||||
||New Forest Company||Holdings|Limited|1,122,849||1,054,616|
||Sustainabl|e Growth Management|||1,238,007||272,006|
||Nordeon||||528,276||506,172|
||||||2,889,132||1,832,794|
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|Turnover|||||Total|Total||
|---|---|---|---|---|---|---|---|
||||||2023|2022||
||||||1,720,659|||
|Cost ofsales and||administration|expenses||(1,154,158)|(9,091)||
|Donations|to parent||||(400,000)|||
|Interest payable|||||(11,612)|(14,526)||
|Operating|Profit/(losses)||||154,889|(23,617)||
|Taxation|||||(17,146)|||
|Retained|profit/(losses)||||137,743|(23,617)||
|10.
Stock||||Group|Group|Charity|Charity|
|||||2023|2022|2023|2022|
|Stock||||152,902|1,116,646|||
|||||152,902|1,116,646|||
|11. Debtors||||Group|Group|Charity|Charity|
|||||2023|2022|2023|2022|
|Trade|debtors||||48,112|||
|Prepayments||and accrued|income||860||153|
||||||48,972||153|
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|12.|Creditors: Amounts
one year|Creditors: Amounts
one year|falling due within|Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|---|
|||||2023|2022|2023|2022|
||Social security|and other taxes||17,146||||
||Other creditors|and accruals||15,154|3,500|42||
|||||32,300|3,500|42||
|13.|Unrestricted|funds||Group|Group|Charity|Charity|
|||||2023|2022|2023|2022|
||Total funds brought||forward|5,178,025|5,608,811|5,470,938|5,878,107|
||Net movement|||99,081|(430,785)|(38,662)|(407,169)|
||Total funds carried||forward|5,277,107|5,178,026|5,432,276|5,470,938|
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