## 

||`Page`|
|---|---|
|`ReferenceandAdministrativeDetailsoftheCompany,itsTrusteesandAdvisers`||
|`Trustees'Report`||
|`Trustees’ResponsibilitiesStatement`|`10`|
|`IndependentAuditors'ReportontheFinancialStatements`|`11-14`|
|`StatementofFinancialActivities`|`15`|
|`BalanceSheet`|`16-17`|
|`StatementofCashFlows`|`18`|
|`NotestotheFinancialStatements`|`19-39`|








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|`SOUTHWESTENVIRONMENTALPARKSLIMITED`|`SOUTHWESTENVIRONMENTALPARKSLIMITED`|`SOUTHWESTENVIRONMENTALPARKSLIMITED`||||
|---|---|---|---|---|---|
|`STATEMENTOFFINANCIALACTIVITIES(INCORPORATING`|||`INCOMEAND`|`EXPENDITURE`|`ACCOUNT)`|
|`FORTHEYEARENDED31OCTOBER`<br>|`2022`<br>|||||
|||`Unrestricted`|`Restricted`|`Total`|`Total`|
|||`funds`|`funds`|`funds`|`funds`|
|||`2022`|`2022`|`2022`|`2021`|
||`Note`|`£`|`£`|`£`|`£`|
|`INCOMEFROM:`||||||
|`Donationsandlegacies`|`4`|`193,016`|`767,690`|`960,706`|`$21,356`|
|`Charitableactivities`|`5`|`7,198,131`|`-`|`7,198,131`|`7,897,109`|
|`Othertradingactivities`|`6`|`24,329`|`-`|`24,329`|`9,932`|
|`Investments`|`7`|`978,159`|`.`|`978,159`|`151,027`|
|`Otherincome`||`36,432`|`-`|`36,432`|`17,200`|
|`TOTALINCOME`||<br>`8,430,067`|<br>`767,690`|<br>`9,197,757`|<br>`8,596,624`|
|`EXPENDITUREON:`||||||
|`Raisingfunds`|`8`|`11,329`|`-`|`11,329`|`16,318`|
|`Charitableactivities`|`9`|`9,243,485`|`52,034`|`9,295,519`|`8,023,421`|
|`TOTALEXPENDITURE`||<br>`9,254,814`|<br>`52,034`|<br>`9,306,848`|<br>`8,039,739`|
|`NETMOVEMENTINFUNDS`||<br>`(824,747)`|<br>`715,656`|<br>`(109,091)`|<br>`556,885`|
|`RECONCILIATIONOFFUNDS:`||||||
|`Totalfundsbroughtforward`||`6,559,196`|`1,422,367`|`7,981,563`|`7,424,678`|
|`Netmovementinfunds`||`(824,747)`|`715,656`|`(109,091)`|`556,885`|
|`TOTALFUNDSCARRIEDFORWARD`||<br>`5,734,449`<br> <br>|<br>`2,138,023`<br> <br> <br>|<br>`7,872,472`<br> <br> <br>|<br>`7,981,563`<br> <br>|





||`Note`||`2022`<br>`£`||`2021`<br>`£`|
|---|---|---|---|---|---|
|`FIXEDASSETS`||||||
|`Intangibleassets`|`14`||`56,064`||`58,029`|
|`Tangibleassets`|`15`||`4,522,280`||`4,357,084`|
|`Investments`|`16`||`2`||`2`|
||||`4,578,346`||<br>`4,415,115`|
|`CURRENTASSETS`||||||
|`Stocks`|`17`|`136,907`||`122,644`||
|`Debtors`|`18`|`1,254,793`||`466,643`||
|`Cashatbankandinhand`|`26`|`4,937,875`||`6,433,323`||
|||`6,329,575`||`7,022,610`||
|`Creditors:amountsfallingduewithinone`<br>`year`|`19`|`(1,489,995)`||`(1,365,253)`||
|`NETCURRENTASSETS`|||`4,839,580`||`5,657,357`|
|`TOTALASSETSLESSCURRENT`<br>`LIABILITIES`|||`9,417,926`||`10,072,472`|
|`Creditors:amountsfallingdueaftermore`<br>`thanoneyear`|`20`||`(1,545,454)`||`(2,090,909)`|
|`TOTALNETASSETS`|||`7,872,472`||`7,981,563`|











||`2022`|`2021`|
|---|---|---|
|`CASHFLOWSFROMOPERATINGACTIVITIES`|||
|`Netcash(usedin)/generatedfromoperatingactivities`|`(1,271,193)`|`1,198,888`|
|`CASHFLOWSFROMINVESTINGACTIVITIES`|||
|`Interestreceived`|`978,159`|`(1,258)`|
|`Proceedsfromthesaleoftangiblefixedassets`|`15,663`||
|`Purchaseofintangibleassets`|`(20,000)`||
|`Purchaseoftangiblefixedassets`|`(584,523)`|`(168,107)`|
|`NETCASH(USEDIN)INVESTINGACTIVITIES`|`389,299`|`(169,365)`|
|`CASHFLOWSFROMFINANCINGACTIVITIES`|||
|`Repaymentsofborrowing`|`(545,455)`|`(363,636)`|
|`Interestpaid`|`(68,099)`||
|`NETCASH(USEDIN)/PROVIDEDBYFINANCINGACTIVITIES`|`(613,554)`|`(363,636)`|
|`CHANGEINCASHANDCASHEQUIVALENTSINTHEYEAR`|`(1,495,448)`|`665,887`|
|`Cashandcashequivalentsatthebeginningoftheyear`|`6,433,323`|`5,767,436`|
|`CASHANDCASHEQUIVALENTSATTHEENDOFTHEYEAR`|`4,937,875`|`6,433,323`|
|`Thenotesonpages19to39farmpartofthesefinancialstatements`|||





# 














|||`Unrestricted`|`Total`|`Total`|
|---|---|---|---|---|
|||`funds`|`funds`|`funds`|
|||`2022`|`2022`|`2021`|
|||`£`|`£`|`.`|
||`OperationofPaigntonZoo`|`4,687,468`|`4,687,468`|`5,342,300`|
||`OperationofNewquayZoo`|`1,924,272`|`1,924,272`|`2,070,269`|
||`Education`|`212,165`|`212,165`|`101,265`|
||`Fieldconservationandresearch`|`41,898`|`41,898`|`38,599`|
||`ChargestoSouthWestZooEnterprisesLtd`|`332,328`|`332,328`|`344,676`|
|||`7,198,131`|`7,198,131`|`7,897,109`|
|||||`—`|
|`6.`|`INCOMEFROMOTHERTRADINGACTIVITIES`||||
||`Incomefromfundraisingevents`||||
|||`Unrestricted`|`Total`|`Total`|
|||`funds`|`funds`|`funds`|
|||`2022`|`2022`|`2021`|
|||`£`|`£`|`£`|
||`Fundraising`|`9,419`|`9,419`|`9,932`|
||`Events`|`14,910`|`14,910`|`-`|
|||`24,329`|`24,329`|`9,932`|
|`7.`|`INVESTMENTINCOME`||||
|||`Unrestricted`|`Total`|`Total`|
|||`funds`|`funds`|`funds`|
|||`2022`|`2022`|`2021`|
|||`£`|`E`|`£`|
||`DistributionfromSouthWestZooEnterprisesLimited`|`972,542`|`972,542`|`149,769`|
||`Interestreceivable`|`5,617`|`5,617`|`1,258`|
|||`978,159`|`978,159`|`151,027`|







||`Unrestricted`|`Total`|`Total`|
|---|---|---|---|
||`funds`|`funds`|`funds`|
||`2022`|`2022`|`2021`|
||`£`|||
|`Fundraising`|`50`|`50`|`3,498`|
|`Staffcosts`|`11,279`|`11,279`|`12,820`|
||`11,329`|`11,329`|`16,318`|









||`Activities`|||
|---|---|---|---|
||`undertaken`|`Support`|`Total`|
||`directly`|`costs`|`funds`|
||`2022`|`2022`|`2022`|
||`£`|`£`|`£`|
|`OperationoftheParks`|`4,082,872`|`4,674,663`|`8,757,535`|
|`Education`|`274,721`||`274,721`|
|`Conservation`|`263,263`||`263,263`|
||`4,620,856`|`4,674,663`|`9,295,519`|
||`Activities`|||
||`undertaken`|`Support`|`Total`|
||`directly`|`costs`|`funds`|
||`2021`|`2021`|`2024`|
||`£`|`£`|`E`|
|`OperationoftheParks`|`3,331,866`|`4,281,053`|`7,612,919`|
|`Education`|`111,359`||`111,359`|
|`Conservation`|`299,143`||`299,143`|
||`3,742,368`|`4,281,053`|`8,023,421`|
|`ANALYSISOFSUPPORTCOSTS`||||
||`Operation`|`Total`|`Total`|
||`oftheParks`|`funds`|`funds`|
||`2022`|`2022`|`2021`|
||`E`|`£`|`£`|
|`Staffcosts`|`1,719,536`|`1,719,536`|`1,822,516`|
|`Establishmentcosts`|`1,004,581`|`1,004,581`|`980,378`|
|`Administrationcosts`|`513,116`|`513,116`|`342,034`|
|`Financialcosts`|`441,880`|`441,880`|`259,010`|
|`Marketing`|`352,733`|`352,733`|`400,459`|
|`Depreciation`|`411,114`|`411,114`|`437,858`|
|`Amortisation`|`21,965`|`21,965`|`21,298`|
|`Governance`|`8,825`|`8,825`|`17,500`|
|`MaintenanceofLivingCoastssite`|`200,913`|`200,913`||
||`4,674,663`|`4,674,663`|`4,281,053`|








|`SOUTHWESTENVIRONMENTALPARKSLIMITED`|`SOUTHWESTENVIRONMENTALPARKSLIMITED`||||
|---|---|---|---|---|
|`NOTESTOTHEFINANCIALSTATEMENTS`|||||
|`FOR`<br>|`THEYEARENDED31OCTOBER2022`<br>||||
|<br>`14.`|<br>`INTANGIBLEASSETS`||||
|||`Computer`|||
|||`software`|`Goodwill`|`Total`|
|||`£`|`£`|`£`|
||`COST`||||
||`At1 November2021`|`131,697`|`774,875`|`906,572`|
||`Additions`|`20,000`|`-`|`20,000`|
||`At31October2022`|<br> <br>`151,697`|<br> <br>`774,875`|<br> <br>`926,572`|
||`AMORTISATION`||||
||`At1 November2021`|`73,668`|`774,875`|`848,543`|
||`Chargefortheyear`|`21,965`|`-`|`21,965`|
||`At 31October2022`|<br> <br>`95,633`|<br> <br>`774,875`|<br> <br>`870,508`|
||`NETBOOKVALUE`||||
||`At31October2022`|<br>`56,064`|<br>`-`|<br>`56,064`|
||`At 31October2021`|`58,029`<br>|`-`<br>|`58,029`<br>|





















|`SOUTHWESTENVIRONMENTALPARKSLIMITED`|`SOUTHWESTENVIRONMENTALPARKSLIMITED`|`SOUTHWESTENVIRONMENTALPARKSLIMITED`|||||
|---|---|---|---|---|---|---|
|`NOTESTOTHEFINANCIALSTATEMENTS`|||||||
|`FOR`<br>|`THEYEARENDED31OCTOBER2022`<br>||||||
|<br>`22,`|<br>`STATEMENTOFFUNDS(CONTINUED)`||||||
||`STATEMENTOFFUNDS- PRIORYEAR`||||||
|||`Balanceat`||||`Balanceat`|
|||`1November`|||`Transfers`|`31October`|
|||`2020`|`Income`|`Expenditure`|`in/out`|`2021`|
|||`£`|`£`|`£`|`£`|`£`|
||`UNRESTRICTEDFUNDS`||||||
||`GeneralFunds`|<br>`5,983,539`|<br>`8,496,319`|<br>`(7,911,312)`|<br>`(9,350)`|<br>`6,559,196`|
||`RESTRICTEDFUNDS`||||||
||`ERDFRedevelopmentFund`|`781,805`||`(26,059)`|`-`|`755,746`|
||`CrocodileSwampFund`|`650,000`|`-`|`-`|`-`|`650,000`|
||`SolarPVArrayFund`|`4126`|`-`|`(2,063)`|`-`|`2,063`|
||`ForestSchoolsFund`|`324`|`-`|`-`|`-`|`324`|
||`BIAZAFund`|`4,884`|`-`|`-`|`9,350`|`14,234`|
||`COVIDGrant`|`-`|`100,305`|`(100,305)`|`-`|`-`|
|||<br> <br>`1,441,139`|<br> <br>`100,305`|<br> <br>`(128,427)`|<br> <br>`9,350`|<br> <br>`1,422,367`|
||`TOTALOFFUNDS`|`7,424,678  `|`8,596,624`<br>|`(8,039,739)`<br>|`-`<br>|`7,981,563`<br>|








|`SOUTHWESTENVIRONMENTAL`|`SOUTHWESTENVIRONMENTAL`|`PARKSLIMITED`|`PARKSLIMITED`|`PARKSLIMITED`||||||
|---|---|---|---|---|---|---|---|---|---|
|`NOTESTOTHEFINANCIALSTATEMENTS`||||||||||
|`FOR`<br>|`THEYEARENDED31OCTOBER2022`<br>|||||||||
|<br>`24.`|<br>`ANALYSISOFNETASSETS`|<br> `BETWEENFUNDS(CONTINUED)`|||||<br>|||
||`ANALYSISOFNETASSETS`|`BETWEENFUNDS- PRIORYEAR`||||||||
|||||||`Unrestricted`||`Restricted`|`Total`|
||||||||`funds.`|`funds`|`funds`|
||||||||`2021`|`2021`|`2021`|
||||||||`£`|`£`|`5`|
||`Tangiblefixedassets`||||||`3,599,275`|`757,809`|`4,357,084`|
||`Intangiblefixedassets`||||||`58,029`|`-`|`58,029`|
||`Fixedassetinvestments`||||||`2`|`-`|`2`|
||`Currentassets`||||||`6,358,052`|`664,558`|`7,022,610`|
||`Creditors duewithinoneyear`|||||`(1,365,253)`||`-`|`(1,365,253)`|
||`Creditors dueinmorethanoneyear`|||||`(2,090,909)`||`-`|`(2,090,909)`|
||`TOTAL`||||||`6,559,196`|`1,422,367`|`7,981,563`|
||`RECONCILIATIONOFNETMOVEMENTINFUNDSTONET`|||||`CASHFLOW`||`FROMOPERATING`||
|`25,`|`ACTIVITIES`|||||||||
|||||||||`2022`|`2021`|
||`Net`<br>`income/expenditure`<br>`for`|`the`|`year`|`(as`|`per`<br>`Statement`|`of`|<br>`Financial`|||
||`Activities)`|||||||`(109,091)`|`556,885`|
||`ADJUSTMENTSFOR:`|||||||||
||`Depreciationcharges`|||||||`411,114`|`437,864`|
||`Amortisationcharges`|||||||`21,965`|`21,298`|
||`Interestreceivable`|||||||`(978,159)`|`1,258`|
||`(Increase)instocks`|||||||`(14,263)`|`(4,215)`|
||`Decrease/(increase)indebtors`|||||||`(788,150)`|`281,450`|
||`(Decrease)increditors`|||||||`117,292`|`(95,652)`|
||`Interestpayable`|||||||`68,099`|`‘`|
||`NETCASHPROVIDEDBY/(USED`||`IN)OPERATINGACTIVITIES`|||||`(1,271,193)`|`1,198,888`|
|`26.`|`ANALYSISOFCASHANDCASHEQUIVALENTS`|||||||||
|||||||||`2022`|`2021`|
|||||||||`£`|`£`|
||`Cashinhand`|||||||`4,937,875`|`6,433,323`|