IRIS Accounts Production v24.2.0.383 Other Company accounts True false Pounds 1.4.23 31.3.24 31.3.24 FY FRS 102 Independent examiner Small companies regime for accounts Full Charities SORP true true true true false true false true 0 0 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC2024752023-03-31SC2024752024-03-31SC2024752023-04-012024-03-31SC2024752022-03-31SC2024752022-04-012023-03-31SC2024752023-03-31SC202475ns0:CharitableCompanyLimitedByGuarantee2023-04-012024-03-31SC202475ns15:PoundSterling2023-04-012024-03-31SC202475ns11:FRS1022023-04-012024-03-31SC202475ns11:IndependentExaminationCharity2023-04-012024-03-31SC202475ns11:SmallCompaniesRegimeForAccounts2023-04-012024-03-31SC202475ns11:FullAccounts2023-04-012024-03-31SC202475ns11:CharitiesSORP2023-04-012024-03-31SC202475ns16:EnglandWales2023-04-012024-03-31SC202475ns11:RegisteredOffice2023-04-012024-03-31SC202475ns0:Trustee12023-04-012024-03-31SC202475ns0:Trustee22023-04-012024-03-31SC202475ns0:Trustee32023-04-012024-03-31SC202475ns0:Trustee42023-04-012024-03-31SC202475ns0:Trustee52023-04-012024-03-31SC202475ns0:Trustee62023-04-012024-03-31SC202475ns0:Trustee72023-04-012024-03-31SC202475ns0:Trustee82023-04-012024-03-31SC202475ns0:TotalUnrestrictedFunds2023-04-012024-03-31SC202475ns0:TotalRestrictedIncomeFunds2023-04-012024-03-31SC202475ns0:Activity82023-04-012024-03-31SC202475ns0:TotalUnrestrictedFundsns0:Activity82023-04-012024-03-31SC202475ns0:Activity8ns0:TotalRestrictedIncomeFunds2023-04-012024-03-31SC202475ns0:Activity82022-04-012023-03-31SC202475ns0:TotalUnrestrictedFunds2023-03-31SC202475ns0:TotalRestrictedIncomeFunds2023-03-31SC202475ns0:TotalUnrestrictedFunds2024-03-31SC202475ns0:TotalRestrictedIncomeFunds2024-03-31SC202475ns0:TotalUnrestrictedFundsns10:WithinOneYear2024-03-31SC202475ns10:WithinOneYearns0:TotalRestrictedIncomeFunds2024-03-31SC202475ns10:WithinOneYear2024-03-31SC202475ns10:WithinOneYear2023-03-31SC202475ns10:OwnedOrFreeholdAssetsns10:LandBuildings2023-04-012024-03-31SC202475ns10:LongLeaseholdAssetsns10:LandBuildings2023-04-012024-03-31SC202475ns10:PlantMachinery2023-04-012024-03-31SC20247522023-04-012024-03-31SC202475ns10:OwnedAssets2023-04-012024-03-31SC202475ns10:OwnedAssets2022-04-012023-03-31SC202475ns0:TotalUnrestrictedFunds2022-04-012023-03-31SC202475ns0:TotalRestrictedIncomeFunds2022-04-012023-03-31SC202475ns0:TotalUnrestrictedFundsns0:Activity82022-04-012023-03-31SC202475ns0:Activity8ns0:TotalRestrictedIncomeFunds2022-04-012023-03-31SC202475ns10:OwnedOrFreeholdAssetsns10:LandBuildings2023-03-31SC202475ns10:LongLeaseholdAssetsns10:LandBuildings2023-03-31SC202475ns10:PlantMachinery2023-03-31SC202475ns10:OwnedOrFreeholdAssetsns10:LandBuildings2024-03-31SC202475ns10:LongLeaseholdAssetsns10:LandBuildings2024-03-31SC202475ns10:PlantMachinery2024-03-31SC202475ns10:OwnedOrFreeholdAssetsns10:LandBuildings2023-03-31SC202475ns10:LongLeaseholdAssetsns10:LandBuildings2023-03-31SC202475ns10:PlantMachinery2023-03-31
REGISTERED COMPANY NUMBER: SC202475 (Scotland)
REGISTERED CHARITY NUMBER: SC029987














Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 March 2024

for

The Forres Community Woodlands Trust

The Forres Community Woodlands Trust






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Report of the Trustees 1 to 2

Independent Examiner's Report 3

Statement of Financial Activities 4

Balance Sheet 5

Notes to the Financial Statements 6 to 10

The Forres Community Woodlands Trust (Registered number: SC202475)

Report of the Trustees
for the Year Ended 31 March 2024


The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of 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 (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES
Objectives and aims
To conserve, regenerate and promote the restoration of native woodlands in and around Forres for the benefit of the public and to advance the education of the public and the local community about relevant countryside matters.

To work alone or in partnership with any organisation, agency, authority or other body to establish, manage and improve the woodlands in and around Forres, including access, recreation, conservation, environmental and cultural matters.

To encourage community involvement in the management of local woodlands.

ACHIEVEMENT AND PERFORMANCE
Charitable activities
Volunteer work parties continued in all woodland areas and on the bike track.

Work continued in Sanquhar, Muiry, and Newforres woods to eradicate the invasive species: rhododendron and laurel.

Path repair and maintenance work was carried out in Sanquhar.

School parties and other community organisations were hosted in Sanquhar.

Membership was down slightly to 74 memberships, (41 family and 33 individual) comprising 115 members.

FINANCIAL REVIEW
Financial position
The Trust has continued to be financially stable.

All projects are funded on an ongoing basis with the assistance of grants and donations.

Principal funding sources
The trust relies on funding from donations, grants, legacies and membership fees.

Reserves policy
The Trust endeavours to have the equivalent of two years of working capital held in reserve.

FUTURE PLANS
Path improvements and general maintenance work will be carried out as required. Eradication of invasive species will continue with volunteer work parties and specialist contractors.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Recruitment and appointment of new trustees
Nomination of any Trustee shall be by not less than any two members of the Company. A candidate for Trustee, who must be an individual person, need not be a member of the Company but on being elected must immediately become a Member of the Company. Candidates shall be elected to the vacancy or vacancies on the Board in order of the number of votes cast, the Chairman having a second or casting vote in the event of equality.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
SC202475 (Scotland)

The Forres Community Woodlands Trust (Registered number: SC202475)

Report of the Trustees
for the Year Ended 31 March 2024

Registered Charity number
SC029987

Registered office
Forres Town Hall
High Street
Forres
IV36 1PB

Trustees
D Wright Chairman
Mrs G MacFarquhar
S J Hull
G Whymant
D Binney
P Kendall
D M MacFarquhar
G Shewan

Independent Examiner
Gordon Scott
Chartered Accountants
Scottca Ltd
34 Ferryhill
Forres
Moray
IV36 2GY

Approved by order of the board of trustees on 25 November 2024 and signed on its behalf by:





D Wright - Trustee

Independent Examiner's Report to the Trustees of
The Forres Community Woodlands Trust

I report on the accounts for the year ended 31 March 2024 set out on pages four to ten.

Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under Section 44(1)(c) of the Act and to state whether particular matters have come to my attention.

Basis of the independent examiner's report
My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner's statement
In connection with my examination, no matter has come to my attention :

(1) which gives me reasonable cause to believe that, in any material respect, the requirements

- to keep accounting records in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and
- to prepare accounts which accord with the accounting records and to comply with Regulation 8 of the 2006 Accounts Regulations

have not been met; or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.








Gordon Scott BAcc CA
The Institute of Chartered Accountants of Scotland

Gordon Scott
Chartered Accountants
Scottca Ltd
34 Ferryhill
Forres
Moray
IV36 2GY

25 November 2024

The Forres Community Woodlands Trust

Statement of Financial Activities
for the Year Ended 31 March 2024

31.3.24 31.3.23
Unrestricted Restricted Total Total
funds funds funds funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 1,838 562 2,400 5,463

EXPENDITURE ON
Charitable activities
Community Woodland 4,541 562 5,103 7,838

Other 240 - 240 -
Total 4,781 562 5,343 7,838

NET INCOME/(EXPENDITURE) (2,943 ) - (2,943 ) (2,375 )
Transfers between funds 7 48 (48 ) - -
Net movement in funds (2,895 ) (48 ) (2,943 ) (2,375 )

RECONCILIATION OF FUNDS
Total funds brought forward 205,342 48 205,390 207,765

TOTAL FUNDS CARRIED FORWARD 202,447 - 202,447 205,390

The Forres Community Woodlands Trust (Registered number: SC202475)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Unrestricted Restricted Total Total
funds funds funds funds
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 185,651 - 185,651 185,427

CURRENT ASSETS
Cash at bank 17,036 - 17,036 20,203

CREDITORS
Amounts falling due within one year 6 (240 ) - (240 ) (240 )

NET CURRENT ASSETS 16,796 - 16,796 19,963

TOTAL ASSETS LESS CURRENT
LIABILITIES

202,447

-

202,447

205,390

NET ASSETS 202,447 - 202,447 205,390
FUNDS 7
Unrestricted funds 202,447 205,342
Restricted funds - 48
TOTAL FUNDS 202,447 205,390

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.


The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each 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 statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.


The financial statements were approved by the Board of Trustees and authorised for issue on 25 November 2024 and were signed on its behalf by:





D Wright - Trustee

The Forres Community Woodlands Trust

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.


Freehold property - not provided
Tree Planting & Enhancement - 20% on cost and not provided
Plant and machinery - 20% on cost

Taxation
The charity is exempt from corporation tax on its charitable activities.

Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

31.3.24 31.3.23
£    £   
Depreciation - owned assets 56 -


The Forres Community Woodlands Trust

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.


Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.


4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds funds funds
£    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 3,016 2,447 5,463

EXPENDITURE ON
Charitable activities
Community Woodland 5,264 2,574 7,838

NET INCOME/(EXPENDITURE) (2,248 ) (127 ) (2,375 )


RECONCILIATION OF FUNDS
Total funds brought forward 207,590 175 207,765

TOTAL FUNDS CARRIED FORWARD 205,342 48 205,390

5. TANGIBLE FIXED ASSETS
Tree
Freehold Planting Plant and
property & Enhancement machinery Totals
£    £    £    £   
COST
At 1 April 2023 185,427 116,034 2,621 304,082
Additions - - 280 280
At 31 March 2024 185,427 116,034 2,901 304,362
DEPRECIATION
At 1 April 2023 - 116,034 2,621 118,655
Charge for year - - 56 56
At 31 March 2024 - 116,034 2,677 118,711
NET BOOK VALUE
At 31 March 2024 185,427 - 224 185,651
At 31 March 2023 185,427 - - 185,427

The Forres Community Woodlands Trust

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Accrued expenses 240 240

7. MOVEMENT IN FUNDS
Net Transfers
movement between At
At 1.4.23 in funds funds 31.3.24
£    £    £    £   
Unrestricted funds
General fund 205,342 (2,943 ) 48 202,447

Restricted funds
Restricted 48 - (48 ) -

TOTAL FUNDS 205,390 (2,943 ) - 202,447

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 1,838 (4,781 ) (2,943 )

Restricted funds
Restricted 562 (562 ) -

TOTAL FUNDS 2,400 (5,343 ) (2,943 )


Comparatives for movement in funds

Net
movement At
At 1.4.22 in funds 31.3.23
£    £    £   
Unrestricted funds
General fund 207,590 (2,248 ) 205,342

Restricted funds
Restricted 175 (127 ) 48

TOTAL FUNDS 207,765 (2,375 ) 205,390

The Forres Community Woodlands Trust

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 3,016 (5,264 ) (2,248 )

Restricted funds
Restricted 2,447 (2,574 ) (127 )

TOTAL FUNDS 5,463 (7,838 ) (2,375 )

A current year 12 months and prior year 12 months combined position is as follows:

Net Transfers
movement between At
At 1.4.22 in funds funds 31.3.24
£    £    £    £   
Unrestricted funds
General fund 207,590 (5,191 ) 48 202,447

Restricted funds
Restricted 175 (127 ) (48 ) -

TOTAL FUNDS 207,765 (5,318 ) - 202,447

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 4,854 (10,045 ) (5,191 )

Restricted funds
Restricted 3,009 (3,136 ) (127 )

TOTAL FUNDS 7,863 (13,181 ) (5,318 )

Transfers between funds

The transfer between funds relates to under spent restricted donations for bird boxes for which donors gave permission to be transferred to general funds.


The Forres Community Woodlands Trust

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2024.