Page 12 - The Land Trust Annual Review 2019

Chief Executive’s report Land Trust Annual Review 2019

15 years of

The Land Trust

Inspiring a love
of the outdoors
in young people
is one of our
key objectives.

15 years of the Land Trust Financial performance

As you will read throughout this review we are The Land Trust ended the year with £164.1
celebrating 15 years of the Land Trust in 2019. million of funds carried forward with £2.3 million
I have been involved since day one and looking of this classified as general funds.
back at where we started it is amazing to see
how far we have come. The income yield on the portfolio remained
consistent at 4% with total investment income of
It is a real privilege to lead an organisation that £5.7 million.
is having a positive effect on so many people’s This enabled us to manage our sites sustainably
lives and I’m excited to see how much more we and to achieve our charitable outcomes. Costs were
can achieve in the future and thankful for the team well controlled with a modest increase in spend on
around us who contribute so much. charitable activities to £6.0 million.
I also wanted to thank Peter Smith as retiring
Chair who has made a huge contribution over the
last nine years. His leadership has played a key
role in our development and success and he will be
greatly missed.

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