TEES VALLEY WILDLIFE TRUST LIMITED
(Company Limited by guarantee- not havin8 a share capital)
Trustees, Annual Report and Accounts
For the year ended 31st March 2024
Registered charity number 511068
Company Registered in England: Number 1528307

Tees Valley Wildlife Trust- Trustees Annual Report and Accounts
LEGAL & ADMINISTRATIVE INFORMATION
Trustees
John Dear
Keith Hissitt
Mark Fishpool
Jackie Henderson
Julie Mason
Mike McNulty
Brian Nicholson
Alan Simkins
Paul Swalwell
Siobhan Callaghan
Anne Johnson
Lynne Hammond
lan Solomon
Chair
Secretsry
Treasurer
Chief Executive
Jeremy Garside
Charlty number
511068
Company number
1528307
Registered office
Margrove Heritage Centre
Margrove Park
Saltburn
TS12 3BZ
Webslte
www.teeswildlife.org
Independent examiner
Draycott & Kirk LLP
Chartered Accountants
Cleveland House
92 Westgate
Gulsborough
TS14 6AP
Banker5
Barclays Bank PLC
PO Box 235
Stockton on Tees
TS17 6YJ
CAF Bank
Kings Hill
West Malling
Kent
ME19 4TA
CAF Bank is a subsidiary of the Charities Aid Foundation

Tees Valley Wildlife Trust- Trustees Annual Report and Accounts
CONTENTS
Trustees, report
page 3 to 11
Independent examinerfs report
page 12
Statement of financial activities
page 13
Balance sheet
page 14
Notes to the financial statements
page 15 to 23

Tees Valley Wildlife Trust-Trustees Annual Report and Accounts
TRUSTEES, REPORT
FOR THE YEAR ENDED 31" MARCH 2024
The trustees. who are also the directors of Tees Valley Wildlife Trust Limited for the purpose of company law.
are responsible for preparing the Trustees. Report and the financial statements in accordance with applicable
law and United Kingdom Accounting Standards {United Kingdom Generally Accepted Accounting Practi￿).
Company Law requires the trustees to prepare financial statements for each financial year which give a true
and fair view of the state of affairs of the charity and of the incoming resources and application of resources,
including the income and expenditure, of the charitsble company for that year.
In preparing these financial statements, the trustees are required to..
- select sultable accounting policies and then apply them consistently;
- observe the methods and principles in the Charltles SORP;
- make Judgements and estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards have been followed. subject to any material departures
disclosed and explained in the financial statements. and
prepare the financial statements on the going concern basi5 unless it is inappropriate to presume that the
charity will continue in operation.
The trustees are responsible for keeping adequate accounting record5 that disclose with reasonable accuracy
at any time the financial posltlon of the charity and enable them to ensure that the financial statements
comply wlth the Companies Act 2006. They are also responsible for safeguarding the assets of the charity
and hence for taking reasonable steps for the p￿ventIOn and detection of fraud and other irregularities.

Tees Valley Wildlife Trust- Trustees Annual Report and Accounts
TRUSTEES, REPORT
FOR THE YEAR ENDED 31° MARCH 2024
The Trustees present thelr report and financlal statements for the year ended 31st March 2024.
The accounts have been prepared in accordance with the accounting policies set out in note I to the
accounts and comply with the charit¢s governing document, the Companies Act 2CX)6 and °Accounting and
Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts
in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)"
{as amended for accounting periods commencing from l January 2016}.
ACHIEVEMENTS AND PERFORMANCE
Summary of Activttles in 2023124
The Tees Valley Wildlife Trusys focus is on the protection and restoration of wildlife in one of the most
nature4epleted regions of the world. Achieving this requires action for rare and threatened wlldlSfe specles
and their habitats. It also requires action to address the many threats to wildlife, many of which result from
people's attitude and behaviour. People are key to nature's recovery. we need nature more than ever and
yet we are increasingly disconnected from the natural world.
The Trusvs work encompasses both the conservatlon of wildlife and the engagement of people with the
natural world. Central to this is demonstrating the essential role that nature plays in issues as varied as the
climate crisis, plant pollination and people's health and wellbeing.
The followlng highlights reflect the breadth of activity and the achievements made by the Trust during the
year.
Restoration of Lazenby Bank
In the winter of 2023, an extensive area of some 20 hectares of dense conifers were cleared from the Trusvs
Lazenby Bank nature reserve. The Trust purchased the 80 hectare woodland at Lazenby Bank in 2018, with a
generous grant from Biffa Award. Much of it 15 covered by broadleaved trees with a rich ground flora and
prolific displays of bluebells through the spring months.
In contrast, some parts of the reserve contained dense conifer plantation. Here the woodland floor was dark
all year round and offered little scope for flowering plants and pollinatin8 insects. Recent hot, dry summers
had seen outbreaks of fire in these areas, too and this added to the urgency of restorlng and maximising the
ecological Integrity and reslllence of this incredlble nature reserve.
Conifer removal from the site's steep slopes via narrow tracks proved to be a complex and disruptive
operation. Nonetheless, a significant area of land has been opened up for renewal as broadleaved woodland.
Around half of this had been identified as ancient or ancient re-planted woodland and is therefore a national
conservation priority for restoration
Nature education
700 children took part in school visits to our nature reserves durlng the year, enjoying actlvities such as pond
dipping and bug huntin8 and inspiring them through contact with the natural world. The Trust places a high
degree of importance on environmental education, partlcularly where this takes place outdoors. We are
concerned by the increasing disengagement of children from the nature, which consequently reduces their
physical activity. freedom and experiences. This has serious implications for the way people might care for
and respect the environment in the future.

Tees Valley Wildllfe Trust- Trustees Annual Report and Accounts
TRUSTEES. REPORT
FOR THE YEAR ENDED 31st MARCH 2024
We also delivered 26 teacher training sessions during the year, knowing that the only way to extend our
reach to children and young people is by ensuring that teachers and schools are able to deliverthe best
quality outdoor learning themselves.
East Cleveland hedges
During the year, we helped landowners in East Cleveland to plant 1000 metres of new hedgerow. Hedge
planting was not a planned outcome of our Wildlife at the Edges project, which engaged communities in
planning nature's recovery by looking at the marginal habits. field edges, hedges and verges of East
Cleveland. But the project became a catalyst for action by communities and landowners arld we brought
them together to make a lasting difference for wildlife in the rural landscape.
Newt ponds
In 2023/24, the Trust excavated 12 large wildlrfe ponds in various sites acros5 the Tees Valley. Ponds support
a vast array of wildlife, notjust pond-llfe such as frogs. toads and diving beetles, but a150 by providing
freshwater for a wide variety of birds and animals. They are one of the natural features that has been in
severe decline across the Tees Valley for decades and their loss Increases pressure on wildlife that is already
in decline.
Our ponds were created in our capacity as delivery partner in Natural England's Dlstrict Level Licencing
Scheme forgreat crested newts. It brings the total number of large ponds we have installed in the last three
years to 42. Monitoring shows that these benefrt all sorts of wildlife in addition to the threatened great
crested newt.
REVIEW OF PERFORMANCE AGAINST. OBJECTIVES
Proterting ond restoring nature
In last yearfs report we described how the Trust was planning to engage with the production of a Local
Nature Recovery Strategy for the Tees Valley. Local Nature Recovery Strategies are a new approach to setting
priorities for nature at a local level in England which were introduced by the Environment Act in 2021. We
believe that these strategie5 will be key to establishing priorities for nature with 5UPPOrt through new
financial and legal measures including Biodiversity Net Gain, Nutrient Neutrality and Environmental Land
Management Schemes. They.will also align the effi)rts of the government agencies, local government and
voluntary sector organisations which work in our area.
Through the past year we worked through the Tees Valley Nature Partnership, firstly to ensure a local lead
authority could be identified for the Strategy and then to clarify how the Nature Partnership might best
support its development and production. Strategy production will be ongoing through 2024125.
Last yearfs report also described how we manage our nature reseryes as building blocks for nature's recovery
as well as spaces for people to reconnect with natu￿. We said that Portrack Marsh is one of our m05t
important reserves for wildlife and people, located at the very centre of the Teesside conurbation and that
during the year we wanted to launch a new initiative around this flagship reserve.
Ownership of the land at Portrack Marsh is divided between the Trust and the Northumbrian Water Group
and at the start of 2023, Northumbrlan Water extended a long tenn partnership arrangement wlth the Trust
to support a full tlme conservation officer working at the reserve as well as contributlng to conservation
enhancements at the companls other landholdings in the Tees Valley.

Tees Valley Wildlife Trust- Trustees Annual Report and Accounts
TRUSTEES, REPORT
FOR THE YEAR ENDED 31° MARCH2024
This generous Inltlatlve enables the Trust to deliver a varlety of regular tasks ranging from reedbed
management to providing feeding habitat for wading birds, vegetation maintenance on a common tern
nesting island and replacing sand in the artificial sand martin nesting wall. It has also allowed the Trust to
establish a variety of regular volunteering activities at the reserve to assist with conseNation tasks, giant
hogweed control and footpath repalrs.
In addition, this regular presence on site has begun to build relationships with regular visitors and to support
educational and wellbeing sessions for groups from the surrounding area.
People taklnq artlon fvr nature
In 2023, we described our long term strategy for connecting people with wildlife, with the long tem)
objective that l in 4 people might be active for nature by 2030. In order to achieve this, we need to SUPPDrt
community-led actlvltSes, while still supporting those in soclety who are least able to act or who suffer most
from a disconnection from nature.
Last year, we had started new activity with communities in East Middlesbrough with support from You've
Got Thls whlch is a Sport England Inltiative tackllng health conditions associated with low levels of activity.
Through 2023124 we continued to build on work at Greystone Wood, a sizeable area of woodland on the
edge of Grangetown with significant problems and potential associated with its location alongside one of the
Tees Valle(s most challenged communities. A programme of conservation work was coordinated by the
Trust and involved Council work teams and an expanding group of local volunteers, now calling themselves
the Greystone Forester5. The group wa5 SUPPOrted with training in First Aid and in the produrtion of publicity
materials to help their cause.
Additional funding was secured from the Tees Valley Community Foundation enabling us to deliver Noture
Comes to Grangetown a mini-festival in August, which provided a focus for a range of organisations wishing
to support the area. Over 650 local people took part in a variety of outdoor activities and a programme of
family wildlife events.
For the yastthree years, the Trust has been using its community engagement approach to support
conservation at the coast. A dedicated Wilder Coast Project Officer, was engaged to harness the publlc's love
for the varied and beautiful coast between Teesmouth and Staithes, and use this to address a number of
conservation issues.
Project officer actlvity Included work to support the protectlon of intemationally important populatlons of
coastal birds which depend on the intertidal habitats for food. These suffer from recreational disturbance,
particularly from dog walking. Increasing awarene55 of the harni that can be caused and promoting
behavioural change has been key to ensuring survival of these birds.
In a similar vein, the projett sought to engage with communities to address other threats to marine and
coastal wildlife including plastic waste, sewage and litter. While these are often perceived to be the result of
.distant corporate and regulatory concerns, the￿ is still much for local people to do in terms of their own
consumption and waste disposal.
The project operated through a series of walks, talks, coastal workshops, activities, events and social media
campaigns. More than 3500 people pledged to personal actions to reduce pressure on coastal and marine
wildlife,

Tees Valley Wlldllfe Trust-Trustees Annual Report and Accounts
TRUSTEES, REPORT
FOR THE YEAR ENDED 31tt MARCH 2024
Nature-based solutions
In our 2023 report we said that we would continue to demonstrate the central role that nature plays in wider
environmental issues including the climate crisis, air pollution, soil protection, managing water, plant
pollination and making a positive change to people's physical and mental health.
Our Climate Action Middlesbrough project team has the objective of using every element of green land
(parks, school grounds. cemeteries, road verges, and general greenspacel to improve carbon sequestration
and as a network to improve nature's recovery and permit movement of species in response to a changing
climate.
During the winter season of 2023/4, they planted over 6000 trees, many of them with the assistance of
primary school pupils. Planting was often delivered alongside the creation of school wildlife areas and
incorporated new hedges, fruit trees and seatSng areas.
In order to establish a connected network of sites for nature's recovery, a suniey of Mlddlesbrough's Local
Wildlife Sites was completed. It as5e55ed their conditSon. set out plans for management and ensures
protection through policies In the next Local Pan.
Wildlife Sites in this network were also targeted for management. Bramble and scrub removal at Bonny
Grove on Marton West Beck, encouraged the return of meadow species including great burnet and red
campion. Grasslands at Blue Bell Beck, Middle Marsh and Sandy Flats were cut and raked to support
wlldflower populations.
The Trust delivers a range of ongoing programmes to support mental health and wellbeing through nature.
These include work wlth Beverley School for Autism and the Rooted in Nature green prescribing trials with
Mind. In 2023124, we also worked with a local Community Interest Company called Going for Independence
on a project which engaged people suffering from sight loss with the natural environment and wildlrfe of
Tees Valley's coastline.
The project explored a wide range of benefits that can result from engagement with the natural world by
people who faced significant challenges with gaining access to natural sites. Indoor workshops made use of
collected items and explored subjects such as rockpool habitats and geology. These were followed up with
assisted visits into the outdoor5, sometimes requiring the use of special equipment such as all-terrain
wheelchairs.
Participants reflected on a wide range of benefits that they experienced from this project including being
given'the opportunity to learn about complex and detailed subjects despite their physical challenges. Also
the richness that the programme gave to their INes when so much of. their experience had been limited to
sheltered and indoor environments.
FOCUS FOR NEXT YEAR AND LONG-TERM sfRATEGIES
The Trust has set out full detalls of its long-term objectives in a new Strategy 2030 "Bringing Nature Back".
Thls Is also aligns with the strategic objects shared by the national federation of The Wildlife Trusts. An
annual Business Plan sets out the organisation's focus for the coming year. From thls, we can highlight the
following objectives for 2024/25.

Tees Valley Wildlife Trust-Trustees Annual Report and Accounts
TRUSTEES, REPORT .
FOR THE YEAR ENDED 31" MARCH 2024
l.. Noture is in recovery, with abundant, diverse wlldllfe
We will assist with the production of the Tees Valley Local Nature Recovery Strategy and support local
partnerships, such as the Tees Estuary Nature Recovery Partnershlp, to begln delivery of Its objectives.
We will restore and enhan￿ wildlife habitats and secure inilestment to enable the long term management of
sites. We will also make effort5 to acquire more land and to establish new nature reserves that help create
an interconnected network for wildlife.
2." People ore toking action for noture and the climate
Through our Nextdoor Nature Projett we will assist communities to lead local action for wildlife. We will
work with teachers and youth leaders to give them the skills, knowledge and confidence to include
environmental aspects of outdoor learning in their wot*.
Through a new project with the Junction Foundation. an organisation which working with children. young
people and their families, we will support young people as key stakeholders and future custodians of our
environment.
3.. Nature is ploying a centrol and valued role in helping to address local and global problems
We will wod( with our partners to provide high quality, wildlife-rich green spaces which are accessible to all
and provide natural solutions to a variety of local and global environmentsl issues.
We will promote action by others includin8 our members and partners to adopt pro-nature and pro-climate
behaviours.
FINANCIAL REVIEW
During 2023124, the Trust was supported to deliver a wide range of projects and activities by grant giving
bodies including the National Lottery Community Fund, National Lottery Heritage Fund, Tees Valley
Community Foundation and The Cummins Foundation. Further financial support for projects came from the
Environment Agency, Natural England, Tees Valley Combined Authority and the area's five local authorities.
Subscriptions from members and donations from the public continued to make an important contribution to
funding the Trusvs operating costs and delivering its charitable objectives.
During the year, the Trust benefited from a significant financlal contrlbutlon through an Enforcement
Undertaking administered by the Environment Agency. This will support conseNation work at Lazenby Bank
and Coatham Marsh.
In recent years, the Trust has been Investigating new financlal arrangements developed under the
Environment Act to SUPPOrt nature's recovery. During 2023/24 a detailed scheme was prepared to deliver
Biodiversity Net Gain at the Trusvs Gravel Hole nature reserve. An agreement was made between the
plannlng authority, a developer and the Wildlife Trust and it is expected that the project will begin in
2024125. It is hope that these new green finances can be applied to other sites in the Trusvs ownership.

Tees Valley Wildlrfe Trust- Trustees Annual Report and Accounts
TRUSTEES. REPORT
FOR THE YEAR ENDED 31° MARCH2024
Reserves Pollcy
The free reserve is an important part of the Trusvs risk management process, protecting the or8anisatFon
from a number of potential risks such as a short-temi downturn in fundraising Income or periods of high
inflation. In addition, with some of the Trust's project income paid in arrears of expenditure, the free reserve
is essential for managlng cash-flow.
The trustees have agreed to establish a level of financial reserrfe that would support the operational costs of
the charity for between 3 and 6 months. The funds currently available to the charity are £335,801. The
trustees have reviewed the level of its free financial reserve against current staff numbers and the budgeted
expenditure for the current financial year. They have concluded that this meets their requirements.
STRucfuRE, GOVERNANCE AND MANAGEMENT
Structure and Governance
Tees Valley Wildlife Trust Limited is registered as a charity with the Charity Commission and is also
company limited by guarantee. It was founded in 1979 and was formerly known as the Cleveland Nature
Conservation Trust and Cleveland Wildlife Trust. The organisation's governing document is its Memorandum
and Articles of Assoclatlon. Anyone can become a member of the Trust.
The Council of Management of the Tees Valley Wildlife Trust Limited comprises a minimum of 10 and
maximum of 15 trustees, who are also the directors of the company limited by guarantee. The Councll Is
responsible for settlng pollcy and strategy and for approving major commitments. A Chief Executive is
appointed by the Council to manage the day to day operations of the charity, Trustees are elected from the
membership and all members can nominate trustees prior to the Annual General Meeting. Trustees must
retire at the third AGM following their election, although they are eliglble for re-electlon. Councll may co-opt
additional trustees at any tlme. Trustees appolnted by this method must not exceed one third of its elected
membership and must retire from office at the next AGM.
New trustees undertake an induction following a written procedure, to brlef them on thelr legal obllgatlons
under charity and company law and the management and operation of the charity. An induction pack is
provided and includes items such as the governing document, trustee minutes and audited accounts. New
trustees meet key employees of the charity and have the opportunity to visit its nature reserves and current
project sites. The charity encourages training fortrustees where this helps them to undertake their duties.
The Wildlife Trusts
The charity is a member of the Wildlife Trusts, a federation of 46 Wildlife Trust5 which cover every part of the
British Islands, along with the Royal Society of Wildlife Trusts Icharity number 2072381. While each member
of the partnership remains entirely independent in tenTts of governance, The Wildlife Trusts work together
collectively towards agreed strategic goals while sharing best practice, skills, and knowledge. They help each
other to ensure that leadership and governance structures within Wildlife Trusts and across the movement
are underpinned by robust systems that promote a culture of sharing, learning, respect. and mutual trust. so
that we can optimise opportunities for change.
Environmental Report
The Trust is committed to minimising ary negative environmental impacts that result from its activities as
part of our contrlbutlon to tackllng the cllmate and ecologlcal emergency. In order to assess and address

Tees Valley Wildllfe Trust- Trustees Annual Report and Accounts
TRUSTEES, REPORT
FOR THE YEAR ENDED 31" MARCH 2024
these impacts we completed a fourth annual audit of our carbon footprint for the year 2022n3 followlng the
standards of the Greenhouse Gas Protocol. A summary is provided below. New items are added to the
protocol annually, so a comparative figure has been included to indicate trends since the baseline year.
In the past year the heating system at the Margrove Heritage Centre was upgraded. Our ckoice of system
was heavily constrained bythe location. age and condition of the building, such that no alternatives to fossil
fuels were realistically available. However, the replacement system will be vastty more efficient and reduce
carbon emissions accordingly.
Basellne
2019120
14.8
2020121
2021122
2022123
Building Fuel (stationary combustion}
Fleet and Equipment Fuel {mobile combustlon)
Purchased electricity (location based)
Purchase elettricity (market based}
Water use and wastewater
Business travel {employees)
Travel (casual staff and volunteer5)
Employee commuting
Greenhouse gas emissions over tlme for
categorles reported on sirKe the basellne only.
(Totals glven to show trends)
Purchased goods
Purchases services {excluding water)
Capital good5
Fuel and energi related activities not included in
scope l or scope 2
Upstream transportation and distribution
Waste generated in operations
Employees working from home
Upstream leased assets
Downstream transportation and distribution
Total greenhouse gas emissiors (t Cole)
3.05
3.05
8.25
16.0
2.87
6.94
7.92
1.88
2.29
1.17
0.02
0.02
0.01
3.98
0.43
3.28
5.47
0.23
1.14
0.41
23.37
29.58
5.92
14.75
67.00
14.62
31.06
48.89
11.49
13.58
4.42
6.29
4.45
2.24
1.83
86.50
Public Benefrt
The work of the Tees Valley Wildlife Trust Limited addresses threats to people and the natural world such a5
the unsustainable consumption of the world's natural resources and damage to the natural ecosystems
which support the planet. Our report provides detail of the beneffts to people's health and wellbeing that
come from erbgagement with nature and access to natural environments. Our activities are provided for all
sectors of society and our sites, whlch are distributed wSdely across the Tees Valley, are made freety available
to all.
In reviewlng our aims and.obJectives and as part of the planning of future work, the trustees have taken
account of the guidance given by the Charity Commission on public benefit. Careful consideration is given to
ensuring that activities consistently contribute to the charitys objertives.
10

Tees Valley Wlldllfe Trust - Trustees Annual Report and Accounts
TRUSTEES, REPORT
FOR THE YEAR ENDED 31" MARCH2024
Investment Policy
The trustees, having regard to the financlal reserves policy, have operated a poliry of keeping available funds
in interest bearing deposit accounts with competitive levels of interest and with ethical investment policies.
Remuneratlon Policy
Our approach to remuneration is designed to ensure we can attract and retain the talented and motivated
people we need to achieve our mission and deliver our strategic goals. It is applied consistently acr055 the
organisation.
The trustees aim to pay staff competitively in the not-for-profit sector within the context of affordability.
Salaries are benchmarked across the Wildlife Trusts partnership and against other environmental charities
working in the North East of England.
The Management of Risk
The Trustees are responsible for ensuring that the organisation has a sound system of internal control to
safeguard its assets and funds, and that they use their best endeavours to ensure that its policies are
implemented and its aims and objectives met. For reasons of cost and practicality, the system of internal
control is intended to manage rather than eliminate risks, and to give reasonable rather than absolute
assurances.
The system of internal control includes:
An annual Business Plan which is developed by the trustees and staff. This is a strategic plan which covers
the alms and objectives of the organisation and is used to ensure that all activity meets with the Trusys
charitable objects. The plan also sets a project programme and budget forthe year
Council reviews progress agalnst the Buslness Plan and budget four times each year through management
accounts and a project report.
A Project Management System is used to monitor and evaluate the effectiveness of expenditure on
projects and the achievement of outputs and outcomes.
A Risk Register is reviewed regularly during the year and is updated annually by Council
A Health and Safety Policy and Procedures are followed. Council reviews Health and Safety issues at least
every six months. External Health and Safety audits and reviews are made by the Local ALrthority and the
Health and Safety Executive.
• A policy and detailed working procedures are followed on chi5d protection and working with vulnerable
adults. They are subject to annual update and review.
Thls report was opproved by the Councll of Management on 2W July and 15 slgned on thelrbehalf by the
Chair."
John Dear
Chairman
11

Tees Valley Wlldlife Trust- Trustees Annual Report and Accounts
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF TEES VALLEY WILDLIFE TRUST
I report on the accounts of the company for the year ended 31st March 2024 which are set out on pages 13
to 23.
Respective responslbFlities of trustees and examiner
The charivs trustees, who are also the dlrectors of Tees Valley Wildlife Trust for the purposes of company
law, are responsible for the preparation of the financial statements. The trustees consider that an audit is
not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an
independent examination is needed. The Charit¢s gross income exceeded £250,000 and l am qualified to
undertake the examlnation by being a qualified member of the Institute of Chartered Certified Accountsnts.
Having satisfied myself that the Charity is not subject to audit under company law and is eligible for
independent examination, it is my responsibillty to:
examine the accounts under section 145 of the 2011 Act;
to follow the procedures laid down in the general Directions given by the Charity Commission under
section 145(5}{b) of the 2011 Act; and
to state whether particular matters have come to my attention.
Basls of Independent examinerfs report
My examination was carried out in accordance with the general Directions given by the Charity Commission.
An examination includes a review of the accounting records kept by the charity and a comparison of the
financial statements presented with those records. It also includes consideration of any unusual items or
dlsclosures in the financial statements, and seeking explanations from you as trustee5 concerning any such
matters. The procedures undertaken do not provide all the eviden￿ that would be required in an audit and
consequently no opinion is given as to whether the accounts present a 'true and falr VIe￿ and the report Is
limited to those matters set out In the next statement.
Independent examinerfs statement
In connection with my examination, no matter has come to my attentlon:
la) whlch glves me reasonable cause to believe that in any material respect the requirements:
to keep accounting records in accordance with section 386 of the Companles Act 2CQ6: and
to prepare financial statements which accord with the accounting records, comply wlth the
accountin8 reqUI￿rneDts of section 396 of the Companies Act 2006 and wlth the methods and
principles of the Statement of Recommended PractSce: Accounting and Reporting by Charities;
have not been met; or
{b) to which, in my opinion, attention should be drawn in orderto enable a proper understandinB of the
financial statements to be reached.
C Mason FCCA
Draycott & Kirk Chartered Accountants
Cleveland House
92 Westgate
Guisborough
Cleveland
TS14 6AP
Dated:
/z4Ly
12

Tees Valley Wildllfe Trust - Trustees Annual Report and Accounts
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
st
FOR THE YEAR ENDED 31 MARCH 2024
Unrestrfcted
funds
2024
Restslrted
fund$
Totsl
Totsl
Notes
Income from:
Donations and legacies
Charltable actlvities
Investments
Other income
3,367
194,232
14,567
1263
614,883
160
795,857
534
Total Income
198,133
807,057
I,(M35,190
617,346
Ex endlture on:
Charltable artlvitie5
168,210
445,338
613,548
Net loutgolng>nncomlng
resour￿5 before trdnsfer5
29,923
36L719
391,642
(46.912)
Gross transfers between funds
14,669)
Net Income/(expendlture) forthe
year l Net moveff*nt in funds
34,592
357,050
391642
146,912)
Fund balan￿5 at 1st April 2023
823,725
238,885
1,1%2,610
I,ICO,522
Fund ba1￿ceS at 3tst March 2024
858,317
595,935
1,454,252
l,L￿,610
The statement of financlal activitles Includes all galns and losses reco8nised in the year.
All income and expenditure derive from continuing activities.
The statement of flnanclal actlvltles also complies with the requirements for an income and expenditure
account under the Companies Act 2006.
13

Tees Valley Wildlife Trust- Trustees Annual Report and Accounts
BALANCE SHEEr
AS A T31" MARCH 2024
Notes
Fixed assets
Tangible assets
827,929
81L684
Current assets
Debtors
67,404
583,365
14,350
276,932
Cash at bank and In hand
650,769
291,282
Creditors: amounts talling due
within one year
24,446
40,356
Net current assets
Net assets
626 323
1,454,252
250,926
1,062,610
Income funds
Restricted funds
Unrestricted funds- general
14
595,935
317
238,885
823,725
1,454.252
1,062,610
The company Is entltled to the exemption from the audlt requirement contained in sectlon 477 of the Companies Act
2006, for the year ended 31" March 2024.
The trustees acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with
Section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affair5 of the .
company a5 at the end of the financial year and of its incoming resources and applTcation of resour￿. including its income
and expenditure, for the financial year in accordance with the requirements of Sections 394 and 395 and which otherwise
comply with the requirements of the Companies Act 2006 relating to financial statement5. So far as applicable to the
company.
The members have not required the company to obtain an audit of it5 financial statements for the year in question in
accordance wlth section 476.
These financial statements have been prepared in accordan￿ with the provisions applicable to cornpanies subject to
the small companies, regime.
rh
The finandal statements were approved by the Trustees on 25 July 2024.
J Dear
Chaimian
Company Registration No. 1528307
14

Tees Valley Wildlife Trust- Trustees Annual Report and Accounts
NOTES TO THE FINANCIAL STATEMENTS- FOR THE YEAR ENDED 31" MARCH 2024
l. Accountlng policies
Charity inforrnatlon
Tees Valley Wildlife Trust is a private company limited by guarantee Incorporated in En8land and
Wales. The reglstered office is Margrove Heritsge Centre, Margrove Park, Saltburn TS12 3BZ.
Accounting conventlon
The accounts have been prepared in accordance with the charity5 governing document, the
Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended
Practice applicable to charities preparing their accounts in accordance with the Financial
Reportin8 Standard applicable in the UK and Republic of Ireland (FRS 1021" (as amended for
accounting periods commencing from l January 2016).
The charfty has taken advantage of the provisions in the SORP for charities applying FRS 102
Update Bulletin I not to prepare a Statement of Cash Flows.
The flnanclal statements are prepared in sterlin& which is the funttional currency of the charity.
Monetary amounts in these finanaal statements a￿ rounded to the nearest £.
The financial statements have been p￿pared under the historical cost convention. modified to
include the revaluation of freehold properties and to include investment properties and ￿rtain
financial instruments at fair value. The principal accounting policies adopted are set out below.
Going concern
At the tlme of approving the financial statements, the trustees have a reasonable expectstion that
the charity has adequate resources to contSnue in operatSonal existence for the foreseeable future.
Thus, the trustees continue to adopt the going con￿rn basis of accounting in preparing the
financlal statements.
Charltable funds
Unrestricted funds are avallable for u* at the discretion of the trustees in furtherance of thelr
charitable objettives unless the funds have been desiBnated for other purposes.
Restricted funds are subject to speclfic condltlons by donors as to how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial statements.
15

Tees Valley Wildlife Trust-Trustees Annual Report and Accounts
NOTES TO THE FINANCIAL STATEMENTS- FOR THE YEAR ENDED 31" MARCH 2024
l. Accounting pollcies
Incomè
Income is recognised when the charty is legally entitled to it after any perfonnance conditions have
been met, the amounts can be measured reliably, and it is probable thatthe income will be
re￿ived.
Legacie5 are recognised at the earliest of the date the charity is notified of an impending
distribution orof the legacy being re￿ived.
Cash donations a￿ recognised as income In the year In which they are receivable any income tsx
rècoverable in relation to donations ￿ceiVed under Gift Aid or deeds of covenant is recognised at
the time of the donation.
Grants re￿1vable are sho¥vn gr05s and are reco8nised in the SOFA to the extent that they relate to
the period up to the year end. Where funding has been given for a period that spans the year end,
the amount that relates to the followlng perlod Is deferred and carried forward.
Expenditure
All expenditure is accounted for on an accruals basls and has been classified under the headings
that aggregate all costs related to the category.
Dirett charitable expenditure includes the direct costs of the attivities and depreciation on related
assets. Where costs cannot be directly attributed to particular headings. they have been allocated
to attivities on a basis consistent with the u* of the ￿sOurces.
Governance costs are those incurred in connection with administration of the charity and
compliance with constitutional and statutory requirements.
Tangible fixed assets
Tangible fixed assets are initially measured at cost and Subsequently measured at cost or valuation,
net of depreciation and any impairment los*s. Gifted assets are included at fairvalue.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values
over their useful lives on the following ba*s:
Freehold land
Buildings
Fixtures, fttings and equipment
Motorvehides
over 50 years
over 12 years
over 4 years
Equipment purchases for restricted projects is written off in the year it is acquired due to the often
short term nature of the projects.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale
proceeds and the carrying value of the asset and Is recognised in the net income/{expenditure) for
the year.
16

Tees Valley Wildlrfe Trust- Trustees Annual Report and Accounts
NOTES TO THE FINANCIAL STATEMENTS- FOR THE YEAR ENDED 31" MARCH 2024
Accountlng policies (continued)
Per6ion costs
The company operates a defined contributlon scheme for the benefit of its employees. The costs of
contributions a￿ written off in the year they are payable.
Retlrement beneffts
Payments to defined contribution retirement benefit schemes are charged as an expense as they
fall due.
2. Critical accounting estimates and Judgements
In the application of the charitls accounting policies, the trustees are required to make
judgements, estimates and assumptions about the carrying amount of assets and liabilities that
are not readily apparent from other sources. The estimates and associated assumptions are
based on historical experience and other factors that are considered to be relevant. Actual
results may differ from these estimates.
The estlmates and underlying assumptions are reviewed on an ongoing basis. Revisions to
accounting estimate5 are recognised in the perlod in whlch the estimate is revised where the
rvdision affects only that period, or in the period of the revision and future periods where the
revision affects both cUr￿nt and future periods.
17

Tees Valley Wildlife Trust - Trustees Annual Report and Accounts
NOTES TO THE FINANCIAL STATEMENTS- FOR THE YEAR ENDED 31" MARCH2024
3. Income from charitable artivities
Unrestrirted
funds
Restrirted
funds
Total
Total
2023
Conservation
Education
Mernbership
91,248
10,663
92,321
756,756
39,101
452,711
58,358
103,814
49,764
92,321
Total income
194,232
795,857
990,089
614,883
4. Expenditure on charitable artivities
Unrestrlcted
funds
Restricted
funds
Totsl
Total
24
Staff costs
Dirert costs
Premises costs
offi￿ costs
103,6Q3
24,172
17,254
14,281
319,950
125,388
423,559
149,560
17,254
14,281
398,139
222,752
17,816
16.284
Accountancy
Legal fees
Depreciation
1,182
4,712
168,210
1,182
4,712
613,548
1,584
4,683
664,258
Conservation
Eduotlon
Membershlp
Core
2024
21459
7.115
17,254
14,281
Totsl
2023
398,139
222,752
17,816
16,284
Stsff costs
Dirert costs
Premises costs
Office costs
Accountancv
Legal fees
Depreciation
333,188
117,766
53.244
10.894
14,668
13.785
423.559
149,560
17.254
14,281
L182
4,712
613,548
4,712
70,1])3
450,954
64,138
28,453
Expenditure is allocated on a direct basis.
18

Tees Valley Wildlife Trust-Trustees Annual Report and Accounts
NOTES TO THE FINANCIAL STATEMENTS- FOR THE YEAR ENDED 31" MARCH 2024
5. Trustees
None of the trustees {or any persons connected with them) re￿IVed any ￿mUneratIOn or benefts from the
charity during the year.
6. Employees
No
No
The average monthly number of employee durlng the yearwas..
Management and administratlon
Charitable artivities
14
15
17
18
The average number of FTE emplyees was:
Management and administrdtion
Conservation
Education
Fundraising and membership
14
14
Employment costs
2024
2023
Wages and salaries
Social security costs
Otherpension costs
381,987
25,433
16,139
358,648
24,226
15,265
423,559
398,139
There are no employees who received totsl employee benefits of more than £EIXKA).
19

'Tees Valley Wildllfe Trust- Trustees Annual Report and Accounts
NOTES TO THE FINANCIAL STATEMENTS- FOR THE YEAR ENDED 31" MARCH 2024
7. Pension costs
The charity operates a defined contribution pension scheme in respect of certain employees. The scheme
and it5 assets are held by independent managers. The pension charge for the year represents contributions
due from the charity and amounted to £16.139 12023- £15,265).
8. Tangible fixed assets
Fixtures,
flttln85 &
equipment
Motor
Lind
Bulldlngs
vehlcles
Total
At tst Aprll 2023
Addltions
Disposals
740,084
96,973
18,335
17,458
23,010
878,402
20,958
At 3tst r+llarch 2024
740,084
96,973
35,793
26,510
899,360
Depredatlon and Impalrment
At 1st April 2023
Disposals
Depreaation charged in the year
28,276
17,982
66,718
1.432
352
1928
4,712
29,7[
18,334
71.430
Carrylng amount
At 3tst l+Aarch 2024
740.084
67.265
17.459
3,122
827,930
At 3tst March 2023
740,084
68,697
353
1550
811,684
9. Debtors
2023
Trade debtors
67,404
14,350
67,404
14,350
20

Tees Valley Wildlife Trust - Trustees Annual Report and Accounts
NOTES TO THE FINANCIAL STATEMENTS- FOR THE YEAR ENDED 31" MARCH 2024
10. Creditors: amounts falling due within one year
Amounts falling due within one year:
Trade creditors
Taxation
Other creditors
Accruals and deferred income
8,9TI
6,879
5,59)
19.104
6,752
11,51J)
24,446
40,356
11. Financial commitments
At 3tst March 2024, the company had the following commitments
under nOn-Can￿lIable operatin8 le'ases:
2024
2023
Explry dats:
Within lyear
2-5years
1,675
1,762
3,779
1,675
5,541
12.Guarantee
The company is incorporated as a compary limited by guarantee and not having a share capital. The members of
the company have each undertaken to contrlbute an amount not exceeding £1 towards any deficit arising in the
eventof the company being wound up. This guarantee applies during the period of membership and extends one
year after membership ceases.
13. Transfers between funds
The transfers from restricted project funds to unrestricted funds represents management charges earned on
projects and transfer of balances remaining on ceased projects.
21

'Tees Valley Wildlife Trust- Trustees Annual Report and Accounts
NOTES TO THE FINANCIAL STATEMENTS - FOR THE YEAR ENDED 31" MARCH 2024
14. Movement in funds
Balance at
L42ry23
Totsl
Incomlng
resources
Resources
expended
Transfers
Balance at
31.&2024
Total
Restrlcted funds
Consenrfatlon - main
Conse rvation - landfill
Education
221,336
767,928
(402,730)
587,613
17,549
39,129
(42,El)8)
(5,7481
8,322
238,885
807,057
(445,3381
14,6691
595,935
Unrestricted funds
General fund5
823,725
198,133
{168,2101
4,669
858,317
823,725
1,062,610
198,133
I,IX)5,190
1168,2101
{613,548)
858,317
L454,252
Total funds
Restricted funds are resources held by Tees Valley Wildlife Trust Limited for specific purposes.
Project balan￿S include the following:
Conservation projects for which funds have been obtained to enable the Trust to manage and protect
wikllife sites, habitsts and species:
Projects which dellver the Trusvs conseNation objectives that are funded through the Landfill
Communities Fund. The Tmst has been approved as an Environmentsl Body (reg. no: 310188) for the
purpose of managing and distributing funds made available by landfill site operations under current
legislation.
Education projects, which are conducted with the alm of raising awareness of natural environment
issues and promoting public understandin& enjoyment and involvement in nature and its conservation.
15. The National Lottery Community Fund
There vdere no fund5 re￿iVed directly from the National Lottery Community Fund in 2023124.
22

Tees Valley Wildllfe Trust- Trustees Annual Report and Accounts
NOTES TO THE FINANCIAL STATEMENTS- FOR THE YEAR ENDED 31" MARCH 2024
16. Analysis of net assets between funds
Unrestrlcted
funds
Restrfcted
funds
Total
Total
2024
Fund balances at 31st March 2024 are
reP￿sented by:
Tan8ible assets
Current assets
Current liabillties
812,515
63,317
{17,515)
15,414
587,453
(6,9321
827,929
650,770
{24,4471
811,684
291,282
{40,356)
858,317
595,935
1,454,252
I,C62,610
17. Contingent liabilities
The incoming resources of the company include grants which are subject to various terms and conditions. There
is a contingent liabilty to repay all or part of such grants should the company breach any of the terms and
conditions under which the grants are made. However, the Board are not aware of any such arcumstances
currently existing and therefore no provision is required.
23