Charity overview

Activities - how the charity spends its money

The purpose of the Charity is the preservation of Epping Forest in perpetuity by the City of London Corporation as the Conservators of Epping Forest, as an Open Space for the recreation and enjoyment of the public.

Income and expenditure

Data for financial year ending 31 March 2023

Total income:
£8,188,103

	Donations and legacies	£818.19k
	Charitable activities	£7.36m
	Other trading activities	£0
	Investments	£11.21k
	Other	£0

Total expenditure:
£7,601,136

	Raising funds	£0
	Charitable activities	£7.60m
	Other	£0

-£92 investments gains (losses)

Total income includes £337,895 from 5 government grant(s)

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

	Raising funds and other expenditure	£0
	Charitable expenditure	£7.60m
	Retained for future use	£586.97k

People

67 Employee(s)

1 Trustee(s)

982 Volunteer(s)

Employees with total benefits over £60,000

	Number of employees
£70k to £80k	1

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:

Education/training
Arts/culture/heritage/science
Amateur Sport
Environment/conservation/heritage
Recreation

Who the charity helps:

The General Public/mankind

How the charity helps:

Provides Buildings/facilities/open Space

Where the charity operates:

Essex
Redbridge
Waltham Forest

Governance

Registration history:

24 March 1964: Standard registration

Organisation type:

Other

Other names:

No other names

Gift aid:

Not recognised by HMRC for gift aid

Other regulators:

No information available

Policies:

Bullying and harassment policy and procedures
Campaigns and political activity policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Investment
Paying staff
Risk management
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Land and property:

This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

1 Trustee(s)

The Mayor and Commonalty and Citizens of the City of London

Trustee

COULSDON AND OTHER COMMONS	Received: On time
HIGHGATE WOOD AND QUEENS PARK KILBURN	Received: 47 days late
HAMPSTEAD HEATH	Received: On time

Financial history

Financial period end date

Income / Expenditure	31/03/2019	31/03/2020	31/03/2021	31/03/2022	31/03/2023
Total gross income	£6.79m	£6.58m	£6.64m	£7.26m	£8.19m
Total expenditure	£7.14m	£7.14m	£6.67m	£7.35m	£7.60m
Income from government contracts	N/A	N/A	N/A	N/A	N/A
Income from government grants	£285.95k	£5.38m	£5.36m	£4.91m	£337.90k
Income - Donations and legacies	£5.34m	£5.39m	£5.37m	£5.26m	£818.19k
Income - Other trading activities	£0	£0	£0	£0	£0
Income - Charitable activities	£1.44m	£1.19m	£1.25m	£2.00m	£7.36m
Income - Endowments	£0	£0	£0	£0	£0
Income - Investment	£5.34k	£3.64k	£6.28k	£3.17k	£11.21k
Income - Other	£0	£0	£8.92k	£3.11k	£0
Income - Legacies	£0	£0	£0	£0	£0
Expenditure - Charitable activities	£7.14m	£7.14m	£6.67m	£7.35m	£7.60m
Expenditure - Raising funds	£0	£0	£0	£0	£0
Expenditure - Governance	£0	£0	£123.96k	£0	£156.91k
Expenditure - Grants institution	£0	£0	£0	£0	£0
Expenditure - Investment management	£0	£0	£0	£0	£0
Expenditure - Other	£0	£0	£0	£0	£0

Assets and liabilities

Definitions for assets and liabilities

Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

Asset / Liability	31/03/2019	31/03/2020	31/03/2021	31/03/2022	31/03/2023
Own use assets	£6.21m	£5.74m	£5.35m	£5.23m	£5.00m
Long-term investments	£3.82k	£3.11k	£3.87k	£4.06k	£3.97k
Other assets	£1.61m	£1.08m	£1.49m	£1.90m	£2.59m
Defined benefit pension scheme asset or liability	£0	£0	£0	£0	£0
Total liabilities	£855.66k	£406.35k	£459.62k	£833.71k	£705.77k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.

Title	Reporting year	Date received	Received	Download
Annual return	31 March 2023	31 January 2024	On Time
Accounts and TAR	31 March 2023	31 January 2024	On Time	Download Open in new window
Annual return	31 March 2022	31 January 2023	On Time
Accounts and TAR	31 March 2022	31 January 2023	On Time	Download Open in new window
Annual return	31 March 2021	31 January 2022	On Time
Accounts and TAR	31 March 2021	29 January 2022	On Time	Download Open in new window
Annual return	31 March 2020	29 January 2021	On Time
Accounts and TAR	31 March 2020	29 January 2021	On Time	Download Open in new window
Annual return	31 March 2019	29 January 2020	On Time
Accounts and TAR	31 March 2019	29 January 2020	On Time	Download Open in new window

Submit annual return

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

EPPING FOREST ACTS 1878 AND 1880

Charitable objects

THE PRESERVATION OF EPPING FOREST IN PERPETUITY BY THE CORPORATION OF LONDON, AS THE CONSERVATORS OF EPPING FOREST AS AN OPEN SPACE FOR THE RECREATION AND ENJOYMENT OF THE PUBLIC.

Area of benefit

The area the charity can operate in, as set out in its governing document.

NATIONAL

Contact information

Address:: CORPORATION OF LONDON
PO BOX 270
LONDON
EC2P 2EJ
Phone:: 02073321363
Email:: Clem.Harcourt@cityoflondon.gov.uk
Website:: www.cityoflondon.gov.uk Open in new window

EPPING FOREST