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2022-03-31-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 16
Notes tothe financial statements 17-32

Restricted Unrestricted Total Total
funds funds funds funds
2022 2022 2022 2021
Note E E E
Income from
Donations
and legacies		 2 156,523 156,523 179,225
Charitable
activities		 3 873,650 873,650 630,132
Trading activities 4 180,019 180,019 57,891
Total income 873,650 336,542 1,210,192 867,248
Expenditure
Charitable
activities		 5 681,062 225,897 906,959 568,888
Trading
activities		 6 111,397 111,397 26,042
Total expenditure 681,062 337294 1 018356 594930
192,588 (752) 191,836 272,318
Gain on revaluation ofinvestments 12 16,069 16,069 1,973
Net income 208,657 (752) 207,905 274,291
Transfers between funds (11,086) 11,086
Net movement
in funds		 197,571 10,334 207,905 274,291
Reconciliation
offunds
Funds at 1April 2021 1,943,176 742,453 2,685,629 2,411,338
Funds at 31 March 2022 2,140,747 752,787 2,893,534 2,685,629

2022 2021
Cash flows from operating
activities:
Net cash provided
by operating		 activities 140,149 462,256
Cash flows from investing
activities:
Purchase oftangible fixed assets (290,713) (298,634)
Disposal oftangible
fixed assets		 3,200
Net cash used in investing
activities		 (290,713) (295,434)
Change
in cash &cash equivalents		 in the
reporting
period		 (150,564) 166,822
Cash &cash equivalents
at the		 start ofthe
reporting
period		 230,220 63,398
Cash and cash equivalents
at		 the end of
the reporting
period		 79,656 230,220
Reconciliation ofnet income to net cash flow from operating activities
Net income for the reporting period 207,905 274,291
Adjustments
for:
Depreciation 72,509 30,288
(Profit)/loss
on disposal offixed		 assets (3,200)
(Gain)/loss
on investments		 (16,069) (1,973)
(Increase)/dscrease
in stocks		 (16,439) (7,344)
(Increase)/decrease
in debtors		 (81,435) 119,573
Increase/(decrease)
in creditors		 (26,322) 50,621
(67,756) 187,965
Net cash provided
by operating		 activities 140,149 462,256
Analysis ofcash 8 cash equivalents
Cash
in hand		 79,656 230,220
Total cash 8 cash equivalents 79,656 230,220

DONATIO NS
AND LEGACIES
Restricted Unrestricted Total Total
funds funds funds funds
2022 2022 2022 2021
6 E E
Donations and subscripiions 156,523 156,523 167,147
Legacies
People's Postcode Lottery 12,078
156523 156523 179225
2021 33,728 145,497 179225

CHARITAB L E ACTIVITIES - INCOME
Restricted Unrestricted Total Total
funds funds
2022 2022 2022 2021
6 8 6
Nature Reserves 102,227 102,227 162,517
Wider Countryside 106,074 106,074 97,661
Education & Community 379,323 379,323 76,383
Cora Dyfi incl Dyfi Wildlife Centre 286,026 286,026 175,814
Covid grants 62,852
Coronavirus Job Retention Scheme 54,905
873,650 873,650 630,132
2021 557,090 73,042 630,132
TRADING ACTIVITIES - INCOME
Restricted Unrestricted Total Total
funds funds funds funds
2022 2022 2022 2021
6 6 E
Grazing 4,000 4,000 3,550
Consultancy 2,471 2,471 4,363
Shop &cafe sales 113,964 113,964 49,978
Admissions 58,779 58,779
Other 805 805
180 019 180,019 57,891
2021 57,891 57,891

Direct Support Support Support Total Total
2022 2022 2022
E		 2021f
Project costs 228,702 228,702 157,684
Wages and salaries 412,759 69,126 481,885 308,858
Premises costs 14,482 14,482 13,839
Operational costs 9,479 47,703 57,182 43,286
Governance costs 5,250 5,250 5,050
Membership costs* 30,722 30,722 3,881
Travel and motor 15,831 396 16,227 9,202
(Profit)/loss on disposal of fixed assets (3,200)
Depreciation 72,509 72,509 30,288
739280 167 679 906959 568888
2021 428 148 'l40 740 568888
*These costs include expenditure on a new membership system funded by RSWT.
6. TRADING ACTIVITIES - EXPENDITURE
Restricted Unrestricted Total Total
funds funds funds funds
2022 2022 2022 2021
6 E 6
Shop &cafe costs 111 397 111,397 26042
2021 26 042 26042
NET INCOME
This is stated after charging/(crediting):
2022 2021
6 6
Depreciation oftangible fixed assets:
-owned by the charity 72,509 30,288
(Profit)/loss on disposal of fixed assets (3,200)
Auditor's
remuneration:
-audit 5,250 4,600
-other services 1,002 1,443
Pension costs 20,519 12045

2022 2021
E
Wages and salaries 481,757 277,191
Social security costs 32,885 19,622
Other pension costs 20,519 12,045
535161 308,858
The average
monthly		 number ofstaff during the year was as follows:
No. No.
Charitable
objectives		 and sup ort 26 13

2022
8		 2021
f
Turnover 113,964
Cost ofsales and administration costs (58,121)
Wages and salaries (53,276)
Net profit 2,567
To be gift aided to the Trust 2,567
Retained in subsidiary

Land Core Dyfi Motor Project/office
reserves' property'* vehicles equipment Total
8 6 6 E E
Cost
At 1 April 2021 649,054 1,826,522 25,195 342,955 2,843,726
Re-categorisation of
construction costs (104,719) 104,719
Additions 64,748 24,879 89,627
Additions** 201,086 201,086
At 31 March 2022 649,054 1,987,637 25,195 472,553 3,134,439
Depreciation
At 1 April 2021 125,948 9,195 287,915 423,058
Charge for the year 42,461 4,000 26,048 72,509
At 31 March 2022 168409 13195 313963 495567
Net book value
At 31 March 2022 649,054 1,819,228 12,000 158,590 2,638,872
At31March 2021 649,054 1,700,574 16,000 55,040 2,420,668

The following
list		 ofreserves represents
those for		 which the Trust is currently
responsible:
Acres Total
6
Glaslyn 535 77,300
Roundton
Hill		 88 44,336
Dyfnant Meadows 23 15,000
Severn Farm Pond 3 5,394
Llanmerewig
Glebe		 4 2,875
Ty Brith 14 41,633
Dolydd
Hafren		 104 43,000
Morfa Dyfi 96 10,829
Llandinam
Gravels		 94 150,000
Coed Pendugwm (gift) 8
Cwm YWydden (gift) 8
Llyn Mawr (gift) 30
Llandinam
Reserve (gift)		 1
Red House (gift) 30 30,000
Llyn Coed YDines 20 31,036
Core Dyfi 41 16,825
Dolforwyn
Woods		 69 180,826
Leased properties:
1.Llanymynech Rocks
2. Pwll Penarth
1,261 649,054

Group
2022		 2021 Charity
2022		 2021
K 6 K
Single Farm Payment Entitlement
Market value at01.04.21 21,753 19,780 21,753 19,780
Gain on revaluation 16,069 1,973 16,069 1,973
Market value at 31.03.22 37,822 21,753 37,822 21,753
f100ordinary shares in subsidiary 100
37822 21,753 37,922 21,753

13. STOCKS
Group Charity
2022
E		 2021
f		 2022
E		 2021
Stationery
&goods		 for resale 32,684 16,245 2,775 16,245
14. DEBTORS
Group Charity
2022 2021 2022 2021
E E Z
Other debtors and prepayments 293409 211974 319060 211974
15. CREDITORS: amounts falling due within one year
Group Charity
2022
E		 2021f 2022
E		 2021
E
Trade creditors 45,722 45,662 41,385 45,662
Social security and other taxes 11,684 6,027 11,684 6,027
Other creditors 2,209 176 1,904 176
Accruals and deferred income 129,294 163,366 129,294 163,366
188,909 215,231 184,267 215,231
16. STATEMENT OF FUNDS
Transfers
Brought in/(out)- Carried
forward Income Expenditure Revaluation forward
6 6 6 E 8
Designated
funds*		 468,228 468,228
General funds 274,225 336,542 (337,294) 11,086 284,559
Total unrestricted funds 742,453 336,542 337,294 11,086 752,787
Restricted funds 1,943,176 873,650 681,062 4,983 2,140,747
Total funds 2,685,629 1,210,192 1,018,356 16,069 2,893,534

RESTRICTED FUNDS
Brought Income Expenditure Transfers Carried
forward E in/(out) - forward
F Revaluation 8
E
Nature Reserves
Purchase of Llandinam Gravels
-CCW (now NRW) 11,250 (178) 11,072
Purchase of Dolforwyn Woods 180,826 180,826
Welsh Government
-Glastir 48,847 (48,847)
-Basic Payment Scheme (1,581) 45,592 (45,592) 16,069 14,488
-Organic 7,788 (7,788)
Strategic Allocated Funds - NRW 18,329 (4,582) 13,747
208,824 102,227 (102,227) 11,309 220,133
Wider Countryside
Pumlumon
-Welsh Government 52,196 (52,196)
-SNPA 1,500 (1,500)
Cefn Cross 6,250 (6,250)
Green Peatland
Recovery
Partnership
- NLHF		 5,188 (5,188)
Crayfish
Monitoring		 - NRW 4,272 (4,272)
Biodiversity
Audits —Hafren		 Dyfrdwy 5,768 (5,768)
Curlew Recovery - NRW 30,900 (30,900)
106,074 106074
Education
&Community
Dyfi Osprey Project (re lift)
-NRW 1,129 (1,129)
Open Newtown 12,385 (12,385)
Stand for Nature Wales - National
Lottery Community Fund 61,080 (61,080)
Wild Skills, Wild Spaces—
Welsh Government 202,600 (202,600)
Wild Wellbeing
Partnership
Programme
- Barcud		 8,429 (8,429)
Carbon Footprint —PPLIRSWT 10,000 (10,000)
CRM system (membership) -RSWT 35,522 (30,722) 4,800
Green Connections Powys
-Welsh Government 49,307 (49,307)
1 129 379,323 374,523 1 129 4,800
Other
Dyfi Osprey Project 9,626 8,293 1,333
Cora Dyfi 360Project
Capital
Heritage
Fund		 462,338 (11,917) 450,421
CAN 3(NRW) 200,085 (5,185) 194,900
662,423 17,102 645,321

RESTRICTED FUNDS (continued) RESTRICTED FUNDS (continued)
Brought Income Expenditure Transfers Carried
Forward 6 in/(out)
-		 Forward
6 Revaluation
f		 8
Dyfi Wildlife Centre
Capital *
Heritage
Fund		 494,085 35,687 529,772
Welsh Government
Community
Facilities Programme		 250,000 250,000
Garfield Weston 30,000 30,000
Arwain 36,061 36,061
EnRAW 36,265 4,167 (4,167) 36,265
MWT 50,575 8,340 58,915
Ceredigion CC 2,000 2,000
Donations 162,188 162,188
1,061,174 39,854 (4,167) 8,340 1,105,201
Depreciation
release		 (37,127) (37,127)
1,061,174 39,854 4,167 28,787 1,068,074
Revenue
Heritage
Fund		 15,277 (15,277)
Arwain 59,378 (59,378)
MWT (19,416) 19,416
74,655 94,071 19,416
Cora Dyfi Reserve
Car park isolar energy
Brilliant Basics Fund 105,301 13,015 118,316
Boardwalk
&security
Nature
Networks		 Fund - NLHF 66,216 16554 82 770
Total —Cora Dyfi IDWC 1,723,597 286,026 98,238 3,096 1,914,481
Total Restricted Funds 1,943,176 873,650 681,062 4,983 2,140,747

COI///PARA
TIVE TO NO		 TE 16c ontinue d
RESTRICTED FUNDS
Brought
fonssrd
f		 Income
6		 Expenditure
f		 Transfers
inf(out) -
Revaluation		 Carried
forward
E
Natura Reserves
Purchase ofLlandinam Gravels
-CCW(now NRW) 11,428 (178) 11,250
Purchase ofDolforwyn Woods 180,826 180,826
Welsh Government
-Glastir 48,482 (48,482)
-Basic Payment Scheme (3,554) 44,380 (44,380) 1,973 (1,581)
-Organic 8,960 (8,960)
Natural Resources Wales
-Strategic Allocated Funds 60,695 (41,292) (1,074) 18,329
HMRC - CJRS 10,524 (10,524)
188,700 173,041 (153,638) 721 208,824
Wider Countryside
Pumlumon
- Welsh Government 37,151 (37,151)
-Heathrow 10,000 (10,000)
Cefn Croes 51,250 (51,250)
Natural Resources Wales
-Nature Recovery Network 9,260 (9,260)
10,000 97,661 107,661
Education
& Community
Dyfi Osprey Project
-NRW(re
liff)		 3,796 (2,667) 1,129
Department
for Work &Pensions
- Wild to Work 10,697 (10,697)
Open Newtown 18,953 (18,953)
Nations/
Lottery Community		 Fund
-Stand for Nature Wales 26,655 (26,655)
Welsh Government
- Wild Skills, Wild Spaces '/0,078 (10,078)
PPL - RSWT- Carbon Footprint 10,000 (10,000)
HMRC - CJRS 7,198 (7,198)
3,796 83,581 83,581 2 667 1 129
Other
Dyh Osprey Project 9,626 9626
Cora Dyff 360Project
Capital
Heritage Fund (HLF) 474,255 (1'/, 917) 462,338
CAN 3(NRWI 205,270 (5,185) 200,085
679525 17,102 662,423

RESTRICTED FUNDS (continued)
Brought Income Expenditure Transfers Carried
Forward E in/(out)- Forward
Revaluation
Dyti Wildlife Centre
Capital *
Heritage Fund (HLF) 358,959 135,126 494,085
Welsh Government
Community Facilities Programme 250,000 250,000
Garfield Weston 30,000 30,000
Arwain 36,061 36,061
EnRAW 36,265 36,265
MWT 14,575 36,000 50,575
Ceredigion CC 2,000 2,000
Donations 148,965 13,223 162,'l88
874,825 150349 36,000 1061,174
Revenue
Heritage Fund (HLF) 20,897 (20,897)
Arwain 17,791 (17,791)
MWT (33,740) 33,740
Donations 20,505 (20,505)
HMRC-CJRS 26,993 (26,993)
86186 119,926 33,740
Total 874,825 236,535 119926 69740 1061174
Total Restricted Funds 1766472 590818 464 806 50,692 1,943,176