Due to Covid-19, we have reduced personnel at the offices of the Sylva Foundation and our premises at the Sylva Wood Centre. Emails and phone messages are being checked but please allow a little longer than usual to receive a response.
Please do not arrange a formal visit without first checking with us. Members of the public are free to enjoy our network of permitted paths through the Future Forest as usual.

Annual Report and Accounts for 2020-21

posted on September 6, 2021

We have published our Trustee’s Report and Independent Accounts for the year 2020-21.

The trustees of Sylva Foundation are pleased to release the formal report from the board for 2020-21 and the independent accounts produced by our financial auditors. Click to download in full, or read the summary below.

2020-21 at a glance:

download Sylva's annual report and accounts for 2020-21

download Sylva’s annual report and accounts for 2020-21

  • appointed two new trustees: Dr Mary Barkham and Jim Waterson
  • expanded our IT team
  • ran a new British Woodlands Survey exploring awareness, action, and aspirations among land managers to environmental change
  • continued to play a strong role in supporting the work of the Forestry & Climate Change Working Group
  • supported Defra by conducting research for the Resilient Treescapes project
  • started work on the Future Oak project with Bangor University
  • supported 2,149 environmental educators across Britain via our myForest for Education platform
  • supported 7,084 woodland owners and more than 1,000 forestry agents  in caring for 126,693ha across Britain via the myForest Woodland Manager
  • continued work developing a new IT platform to support woodland creation, working with both Defra and Scottish Forestry
  • delivered multiple environmental auctions across England for partners using our NatureBid platform, including the third Woodland Carbon Guarantee
  • supported more than 20 SME wood businesses at the Sylva Wood Centre
  • launched our new Professional Course and taught 5 students to work with home-grown timber to batch produce for commercial clients
  • completed renovation work on the Grain Store at the Sylva Wood Centre, including fit out of a state-of-art machinery and teaching unit
  • continued to engage with visitors to our small estate in Oxfordshire, providing interpretation and events to advocate our mission

Financial Summary

Income

Income (£496,959) increased by 5% compared to the previous financial year (£472,374).

12% of total income was received in donations. The majority of income for Charitable Activities (£309,809) came from performance-related grants (£212,039). Income from Trading Activities was £120,758, the majority of which was from business leases at the Sylva Wood Centre.

Expenditure and Additions
Total expenditure was £437,22, 65% of which was spent on salaries.

Our overheads, comprising income generation, admin, and governance, represented 13% of expenditure.

Funds

The charity’s Designated funds (87% of which are operational fixed assets comprising land and buildings at the Sylva Wood Centre) were £1,625,604 at the end of the 2020-21 financial year. Restricted funds were £88,425, and Unrestricted funds £140,325.


Read more


No Comments

No comments yet.

Leave a comment



Comments (0)