2023-03-31-accounts - Radnorshire Wildlife Trust Limited

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					Unrestricted	Restricted	2023	2022
				Note	Funds f	Funds	Total f	Total f
INCOME
Donations and Legaass					62,106	1,672,898	1,735,004	681,873
Chantable Activities					76,119		76,119	63,324
Other Trading Activities					15,793		15,793	14,769
Investment Income					18,503		18,503	14,947
Other Income					16,727		16,727	4,243
TOTAL INCOME				2	189,248	1,672,898	1,862,146	779,156
EXPENDITURE
Raising Funds					3,717	229	3,946	3,927
Chaditabh Activities					276,511	812,858	1,089,369	729,860
TOTAL EXPENDITURE					280,228	813,087	1,093,315	733,787
NET INCOME/(EXPENDITURE)					(90,980)	859,811	768,831	45,369
Transfers between	Funds			7	46,519	(46,519)
Other recognised	Gains/(Losses)
Unrealised Gains/(Losses)		on Revaluation	of
Investments					(30,192)		(30,192)	13,944
Freehold Properly								15,000
NET MOVEMENTS	IN FUNDS				(74,653)	813,292	738,639	74,313
RECONCILIATION	OF FUNDS
Total Funds Brought	Forward				1,153,987	1,116,532	2,270,519	2,196,206
Total Funds Carried	Forward			15	1,079,334	1,929,824	3,009,158	2,270,519

					Note	2023		2022
FIXEDASSETS
Intangible Assets					8		2,018		2,018
Tangible Assets					9		865,188		861,805
Heritage Assets					10		1,893,322		1,893,322
Investments					11		587,526		617,718
							3,348,054		3,374,863
CURRENT ASSETS
Stocks					12	2,234		1,340
Debtors					13	329,601		222,211
Cash at Bank and	In	Hand				101,692		279,891
						433,527		503,442
CREDITORS: Amounts				falling due
within		one		year	14	(72,573)		(57,785)
NET CURRENT ASSETS							360,954		445,657
TOTAL ASSETS	LESS		CURRENT LIABILITIES				3,709,008		3,820,520
CREDITORS: Amounts			falling due		17
after		more than one year					(699,850)		(1,550,001)
NET ASSETS					16		3,009,158		2,270,519
FUNDS
Unrestricted Income Funds:
Designated Funds					15	724,723		803,195
Revaluation Resene					15	65,743		95,935
General Fords					15	288,868		254,857
Total Unrestricted		Income Funds					1,079,334		1,153,987
Restricted Funds					15		1,929,824		1,116,532
TOTAL FUNDS					16		3,009,158		2,270,519

					Total funds	Total funds
STATEMENT OF CASH FLOWS				Note	2023	2022
Net income for the year					768,831	45,369
Adjustments for:
Depreaation charges					19,671	33,668
Dividends, interest and rents from investments					(18,503)	(14,947)
(Increase) /decrease in stocks					(894)	95
(Increase) /decrease in debtors					(107,390)	38,190
Increase in creditors					14,788	48,705
Net cash from operating activities					676,503	151,080
Cash flows from investing activities:
Dividends, interest and rents from	investments				18,503	14,947
Purchase oftangible fixed assets					(23,054)	(1,524,573)
Purchase ofinvestments						(200,000)
Net cash used in investing activities					(4,551)	(1,709,626)
Cashflows from financing activities
Cash inllowe from new borrowing						1,550,001
Repayment of borrowing s					(850,151)
Net cash provided by financing	activates			20	(850,151)	1,550,001
Change in cash and cash equivalents		in	the year		(178,199)	(8,545)
Cash and cash equivalents at the	beginning		ofthe year		279,891	288,436
Cash and cash equivalents atthe end		of	the year	20	101,692	279,891

INCOME		Unrestricted	Restricted
		Funds	Funds	2023	2022
		f	6	f	F.
Income from Donations	and Legacies:
Voluntary Income
Grants and Donations		16,056	1,239,188	1,255,244	617,442
Legaaes		16,836	405,000	421,836	35,284
Gilt Aid		6,895	28,710	35,605	7,305
Members Subscriptions		22,319		22,319	21,842
		62,106	1,672,898	1,735,004	681,873
Charitable Activities:
National Assembly ofWales - Glastir		31,733		31,733	31,080
National Assembly ofWales - Basic Payment Scheme		43,911		43,911	31,887
Fees, Courses and Events		475		475	357
		76,119		76,119	63,324
Other Trading Activities.
Sale ofGoods and Refreshments		6,029		6,029	6,452
Fund Raising Receipts		1,493		1,493	735
Grassletting					310
Rents Receivable		8,271		8,271	7,272
		15,793		15,793	14,769
Investment Income and	Interest:
Interest Received		5,766		5,766	1,340
Investment Income		12,737		12,737	13,607
		18,503		18,503	14,947
Other Incommg Resources.
Other		12,727		12,727	243
Hosting ofBeaver Project Officer		4,000		4,000	4,000
		16,727		16,727	4,243
Total Income		189,248	1,672,898	1,862,146	779,156

INCOME - continued				Unrestricted	Restricted	2023	2022
				Funds	Funds	Total	Total
				6	f	6	6
The following grants and donations		are	acknowledged.
Hayley Group Limited: Dolyhir	Meadows						2,400
Heritage Lottery Fund Nextdoor Nature					34,829	34,829
Hentage Lottery Furd: Green	8Resilient Future						9,050
Heritage Lottery Fund: NNF Grassland			Management		32,021	32,021	33,400
Hentage Loaery Fund: Stand	for Nature		Wales		62,048	62,048	59,420
Landfill Development Tax Resilient		Reserves					5,677
Natural Resources Wales					11,362	11,362	17,340
Oakdale Trust					2,000	2,000
People's Postcode Lottery. Carbon		Footpnnt					10,000
People's Postcode Lottery. Pioneer		Fund			8,331	8,331
People's Postcode Lottery Team Wilder							10,000
Powys County Counab Covid	Recovery		Fund		6,499	6,499	3,253
Rewildmg Britain					19,472	19,472	3,000
River Action					5,000	5,000	25,000
RSWTStrategic Development	Fund						25,563
Welsh Government: ENRaW	Green	Connections			408,616	408,616	284,874
Welsh Government: BMS Rhos Pasture					164,503	164,503	107,552
Grants - Pentwyn Farm:
Banister Trust - Pentwyn Appeal					150,000	150,000
Carman Family Foundation	—Pentwyn		Appeal		100,000	100,000
John Swire Trust - Pentwyn	Appeal				50,000	50,000
Swire Charitable Trust —Pentwyn		Appeal			50,000	50,000
Donations - Pentwyn Farm					132,314	132,314
Other Donations and Grants				16,056	2,193	18,249	20,913
				16,056	1,239,188	1,255,244	617,442
RAISING FUNDS
Fund Raismg Costs				551	210	761	416
Purchase ofGoods				3,166	19	3,185	3,511
				3,717	229	3,946	3,927

STAFF CO	STS
				2023	2022
				8	6
Total Stalf Costs were:
Wages and	Salaries			385,312	282,475
Employers	National	Insurance	Costs	23,450	16,678
Pension Contnbutions				18,794	16,159
				427,556	315,312
Redundancy Costs
Redundancy	Costs			11,891
				11,891
Relocation	Costs
Relocation	Costs			1,250
				1,250

and the average number ofemployees The employees were as under	ca	lculated	on the	basis offull time equi	valents, w	as 14(2022:11)
						2023	2022
						Numbers	Numbers
Chief Executive						1	1
Head ofreserves 8 Land Management	(pari year)					1
Reserves Officer (full time)						1
Estate Worker (part time)						1
Project Manager						1
Prolect Manager (part time) (part year)						1
Membership, Finance &Admin Officer	(part time)					1
Project, Fundraiser & Digital Comms O/ficer (part time)				(part year)		1
Volunteer Coordinator / Project Manager/		(full time) (part year)				1
Project Oflicer (fufi time)						1
Seasonal Warden Gilfa ch (part time) (pa		rt year)				1
Finance Manager (part time)						1
Fundraising Officer (part time) (part year)						1
Aria & Heritage Officer (part time)						1
Project Administrative Assi stant (part time)						1
Project Wild life Volunteer Offfcer (part time)						1
Project Community Wildlife Officer/ Closer to Nature Project Manager (part time)						1
Nextdoor Nature Community Organising		Manager	(part	time) (part year)		1
Nextdo or Nature Community Org a ni acr	(part time) (part			year)		1
TRANSFERS BETWEEN FUNDS						Unrestricted	Restricted
						Funds	Funds
						6	8
Transfers in the year are
Transfer ofProject Funds to Core Funds						348	(348)
Transfer ofCore Costs to Protects						46,171	(46,171)
						46,519	(46,5"9)
Restricted Funds are transferred to Unrestricted			Funds	in respect ofvolunteer	time spent on projects.
Core costs transferred to Restricted Funds are an allocation ofmanagement					and office	costs to projects.
INTANGIBLE FIXEDASSESTS
Basic Payment Scheme Entitlements		atcost				2023	2022
							8
						2,018	2,018
Net Book Value						2,018	2,018

Pentwyn Farm, Llanbister Road a restoration as a nature reserve.	Pentwyn Farm, Llanbister Road a restoration as a nature reserve.	nd	the land acquired	has been included as	a Heritage Asset as it will be use	d for nature
INVESTMENTS					2023	2022
					6	6
Market	Value at I April 2021				617,718	403,774
Less	Sale proceeds of Investments
Add.	Profit on sale of Investments
	Purchase ofInvestments					200,000
	Unrealised (losses) gains on	Revaluation			(30,192)	13,944
Market	Value at 31 March 2022				587,526	617,718
The investment assets held were as		under
UK Listed investments (Hendemon		European Focus Trust pic)			19,875	18,500
UK Unit Trusts (CCLAICOIF Charities			Ethical investment	Fund)	567,651	599,218
					587,526	617,718

The Council ofManagement	The Council ofManagement	consider that there were no material	in the year that require disclosure.
STOCKS			2023	2022
			6	6
Goods for Resale			2,234	1,340
			2,234	1,340
DEBTORS			2023	2022
			6	6
Grants Receivable			12,470	203,270
Other Debtors			299,483	9,880
Legacy Receivable			13,750	7,711
Prepaymenls			3,898	1,350
			329,601	222,211
CREDITORS: amounts	falling due within one year		2023	2022
Other Creditors			16,864	15,323
Short-term compensated	absences (holiday pay)		2,013	2,378
Loans falling due within	one	year	15,986
Accruals			37,710	40,084
			72,573	57,785

		At 01/04/22	Income	Expenditure	Transfem	At 31/03/23
Unrestricted Income Funds:
Designated Funds:
Wildlife Trust Development	Fund	182,587			1,622	184,209
Conservation Ford		620,608			(80,094)	540,514
Revaluation Reserve		95,935		(30,192)		65,743
General Funds		254,857	189,248	(280,228)	124,991	288,868
Total Unrestricted Income Funds		1,153,987	189,248	(310,420)	46,519	1,079,334
Restncted Funds:
Restricted Capital Funds		1,017,517	838,769	(16,067)	1,821	1,842,040
Restricted Income Funds		99,015	834,129	(797,020)	(48,340)	87,784
Total Restncted Funds		1,116,532	1,672,898	(813,087)	(46,519)	1,929,824
Total Funds		2,270,519	1,862,146	(1,123,507)		3,009,158

Minimum	lease payments
		At 31/03/23	At 31/03/22
Within one year		5,939
Between	one and five years	11,382
		17,321