2021-03-31-accounts

			Page
Reference and administrative		details
Trustees' report			2-10
Independent auditor's	report		11-13
Statement offinancial	activities		14
Balance sheet			15
Statement ofcash flows
Notes to the financial	statements		17-31

			Restricted	Unrestricted	Total	Total
			funds	funds	funds	funds
		Note	2021 f	2021 f	2021f	2020f
Income from
Donations and legacies		2	33,728	145,497	179,225	233,809
Charitable activities		3	557,090	73,042	630,132	1,074,268
Trading activities		4		57,891	57,891	62,276
Total income			590,818	276,430	867,248	1,370,353
Expenditure
Charitable activities		5	464,806	104,082	568,888	571,786
Trading activities		6		26,042	26,042	17,682
Total expenditure			464,806	130,124	594,930	589,468
			126,012	146,306	272,318	780,885
Gain/(loss) on revaluation	of investments		1,973		1,973	(1,648)
Net income		7	127,985	146,306	274,291	779,237
Transfers between funds		15	48,719	(48,719)
Net movement in funds			176,704	97,587	274,291	779,237
Reconciliation offunds
Funds st 1April 2020			1,766,472	644,866	2,411,338	1,632,101
Funds at 31 Starch 2021			1,943176	742,453	2,685,629	2,411,338

				2021	2020
Cash flows from operating activities:
Net cash provided by operating	activities			462,256		760,241
Cash flows from investing activities:
Purchase oftangible fixed assets			(298,634)		(772,358)
Disposal oftangible fixed assets			3,200
Net cash used in investing activities				(295,434)		(772,358)
Change in cash.&cash equivalents		in the
reporting period				166,822		(12,117)
Cash &cash equivalents at the	start ofthe
reporting period				63,398		75,515
Cash and cash equivalents at the end of
the reporting period'				230,220		63,398
Reconciliation ofnet income	to	net cash flow	from operating	activities
Net income for the reporting	period			274,291		779,237
Adjustments for:
Depreciation			30,288		27,955
(Profit)/loss on disposal offixed	assets		(3,200)		4,122
(Gain)/loss on investments			(1,973)		1,648
(Increase)/decrease in stocks			(7,344)		3,331
(Increase)/decrease in debtors			119,573		(71,125)
Increase/(decrease) in creditors			50,621		15,073
				187,965		(18,996)
Net cash provided by operating		activities		462,256		760,241
Analysis ofcash 8 cash equivalents
Cash in hand				230,220		63,398
Total cash &cash equivalents				230,220		63,398

DONATIO	NS AND LEGACIES
		Restricted	Unrestricted	Total	Total
		funds	funds	funds	funds
		2021 E	2021	2021	2020f
Donations	and subscriptions	33,728	133,419	167,147	221,716
Legacies
People's	Postcode Lottery		12,078	12,078	12,093
		33,728	145497	179,225	233 809
2020		78,694	155,115	233809

				Restricted	Unrestricted	Total	Total
				funds	funds
				2021	2021 K	2021f	2020f
	Nature Reserves (excl CJRS)			162,517		162,517	107,256
	Wider Countryside			97,661		97,661	184,403
	Education &Community		(excl CJRS)	76,383		76,383	43,052
	Dyfi Wildlife	Centre (excl CJRS)		175,814		175,814	739,557
	Covid grants				62,852	62,852
	Coronavirus	Job Retention Scheme		44,715	10,190	54,905
				557,090	73,042	630,132	1,074,268
	2020			1,074,268	-	1,074,268
4.	TRADING ACTIVITIES - INCOME
				Restricted	Unrestricted	Total	Total
				funds	funds	funds	funds
				2021 8	2021f	2021f	2020f
	Grazing				3,550	3,550	4,350
	Consultancy				4,363	4,363	1,256
	Shop sales				49,978	49,978	52,670
	Other						4,000
					57,891	57,891	62,276
	2020				62,276	62,276
	CHARITABLE ACTIVITIES - EXPENDITURE
				Direct	Support	Total	Total
				2021f	2021f	2021f	2020f
	Project costs			157,684		157,684	149,825
	Wages and	salaries		232,459	76,399	308,858	294,264
	Premises costs				13,839	13,839	16,599
	Operational	costs		2,016	41,270	43,286	54,921
	Governance	costs			5,050	5,050	4,895
	Membership	costs			3,881	3,881	7,181
	Travel and motor			8,901	301	9,202	12,024
	(Profit)/loss	on disposal offixed assets		(3,200)		(3,200)	4,122
	Depreciation			30,288		30,288	27,955
				428,148	140,740	568,888	571,786
	2020			433,174	138,612	571,786-

TRADING	ACTIVITIES- EXPENDITURE
		Restricted	Unrestdcted	Total	Total
		funds	funds	funds	funds
		2021	2021	2021	2020
		Z	8	2
Shop costs			26,042	26,042	17,682
2020			17,682	17,682
NET INCOME
This is stated after charging/(crediting):
				2021	2020
Depreciation	oftangible fixed assets:
-owned	by the charity			30,288	27,955
(Profit)/loss	on disposal offixed assets			(3,200)	4,122
AuditoVs remuneration:
-audit				4,600	4,370
-other services				1,443	1,864
Pension costs				12,045	10,499

RESTRICTED FUNDS
			Brought	Income	Expenditure	Transfers		Carried
			forward f	E		in/(out) - Revaluation		forward 6
						6
Nature Reserves
Purchase ofLlandinam	Gravels
-CCW (now NRW) Purchase of Dolforwyn Welsh Government	Woods		11,428 180,826				(178)	11,250 180,826
-Glastir —Basic Payment Scheme -Organic Natural Resources Wales			(3,554)	48,482 44,380 8,960	(48,482) (44,380) (8,960)	*1,973		(1,581)
-Strategic Allocated Funds HMRC - CJRS				60,695 10,524	(41,292) (10,524)	(1,074)		18,329
*revaluation			188,700	173,041	(153,638)		721	208,824
Wider Countryside
Pumlumon
-Welsh Government -Heathrow Cefn Croes Natural Resources Wales			10,000	37,151 - 51,250	(37,151) (10,000) (51,250)
-Nature Recovery Network				9,260	(9,260)
			10,000	97661	107,661
Education 8 Community
Dyfi Osprey Project
- NRW (re lift) Department for Work 8 Pensions			3,796			(2,667)		1,129
-Wild to Work				10,697	(10,697)
Open Newtown				18,953	(18,953)
National Lottery Community		Fund
-Stand for Nature Wales Welsh Government				26,655	(26,655)
-Wild Skills, Wild Spaces PPL - RSWT —Carbon Footprint HMRC - CJRS				10,078 10,000 7,198	(10,078) (10,000) (7,198)
			3,796	83,581	83,581	2,667		1,129
Other
Dyfi Osprey Project			9,626					9,626
Cora Dyfi 360Project
Capital
Hedtage Fund (HLF) CAN 3(NRW)			474,255 205,270			(11,917) (5,185)		462,338 200,085
			679,525			17,102		662,423

ANALYSIS OF NET ASSETSBET	WEEN FUNDS
	Restricted	Unrestricted	Total	Total
	funds	funds	funds	funds
	2021f	2021f	2021f	2020f
Tangible fixed assets	1,909,425	511,243	2,420,668	2,152,322
Fixed asset investments	21,753		.21,753	' 19,780
Net current assets	11,998	231,210	243,208	239,236
	1,943,176	742,453	2,685,629	2,411,338
2020	1,766,472	644,886	2,411,338

OPERATING LEASE COMMITMENTS
At 31 March 2021 the Trust had total remaining	commitments	under	non-cancellable operating	leases
over the remaining life ofthose leases as follows:
			2021 f	2020 f
Expiry date:
Within 1 year			7,738	7,738
Between 1 and 2 years			5,890	7,738
Between 2 and 5years			1,794	7,684
After more than 5years

						Transfers
			Brought			in((out) -	Carried
			forward	Income f	Expenditure 8	Revaluation 8	forward
Designated	funds*		468,228				468,228
General funds			134,442	217,391	(176,365)	1,170	176,638
Total unrestricted		funds	602,670	217,391	176,365	1,170	644,886
Restricted	funds		1,029,431	1,152,962	413,103	2,818	1,786,472
Total funds			1,632,101	1,370,353	589,468	1,648	2,411,338

COMPARATIIIE TO NOTE	15continue	d
RESTRICTED FUNDS
		Brought	Income	Expenditure	Transfers	Carried
		forward 8			in/(out) - Revaluation	forward 8
Nature Reserves
Purchase ofLlsndinam	Grsvels
-CCW (now NRW) Purchase ofDolforwyn	Woods	11,616 180,826			(188)	11,428 180,826
Welsh Government
-Glastir			62,101	(62,101)
-Basic Payment Scheme		(1,906)	37,459	(37,459)	'(1,648)	.(3,554)
—Organic			7,696	(7,696)
		190,536	107,256	(107,256)	(1,836)	188,700
*revaluation
Wider Countryside
Pumlumon
- Welsh Government			3'l,645	(31,645)
-SNPA			1,200	(1,200)
-Hesthrow			20,000	(to,ooo)		10,000
-Donation			1,000	(1,000)
Arwain
- Where the Wild Things Are			17,065	(17,065)
Natural Resources Wales
-Precious Pearls			15,798	(15,798)
Welsh Government
- Curlew Project			2,950	(2,950)
TKMsxx			800	(800)
Cefn Croes			93,945	(93,945)
			184,403	174,403		10,000
Education
Dyfi Osprey Project -NRW (re lift)' - Environment Wales		6,463 280			(2,667) (280)	3,796
Art Oasis
-Arwain			8,431	(8,431)
Department for Work	8Pensions
- Wfid to Work			16,471	(16,471)
Open Newlown			16,150	(16,150)
Deri Woods
-HLFILlanfsir Csereinion		7,910		(7,910)
-Donation			2,000	(2,000)
			43,052	50,962	2,947	3,796
Other
Dyfi Osprey Project		15,579			5,953	9,626

RESTRICTED FUNDS (continued)
	Brought	Income	Expenditure	Transfers	Canied
	Fonvanf 6			inl(out)- Revaluation	Forwanf
Cora Dyfi 360Project
Capital
Heritage Lottery Fund CAN 3(NRW)	486,172 2'I0,455			(11,917) (5,185)	474,255 205,270
	696,627			17,102	679,525
Dyfi Wildlife Centre Capital *
Heritage Fund (HLF)	41,765	317,194			358,959
Welsh Government
Community Facifiies Programme		250,000			250,000
Garfield Weston		30,000			30,000
Arwain		36,061			36,061
EnRAW		36,265			36,265
MWT				14,575	14,575
Donations	70,271	78,694			148,965
	112,036	748,214		14,575	874,825
Revenue
Heritage Fund (HLF)		14,327	(14,327)
Arwsin		55,710	(55,710)
lvIWT contribution			(10,445)	10,445
		70,037	80,482	10,445
Total	112,036	818,251	80,4&2	2s,o20	e74,e2s
Total Restricted Funds	1,029,431	1,152,962	413,103	2,818	1,766,472