Page 13 - The Land Trust Annual Review 2019
P. 13

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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