Yorkshire Water Community Trust
Trustees, Annual Report for the year ended 31 March 2025
Registered No.1047923
ANNUAL REPORT
AND
FINANCIAL STATEMENTS
2025
The Yorkshire Water
COMMUNITY TRUST

Yorkshire Water Community Trust
Trustees, Annual Report for the year ended 31 March 2025
Contents
Page
Trustees, Annual Report for the year ended 31 March 2025
The Trustees, responsibilities statement
Independent auditors report to the Trustees of Yorkshire Water Communty Trust
Statement of Financial Activities for the year ended 31 March 2025
Balance Sheet as at 31 March 2025
statement of cash flows tor the year ended 31 March 2025
Notes to the Financial Statements for the year ended 31 March 2025
15
16
20
21
22
23
The Yorkshire Water
COMMUNITY TRUST

Yorkshire Water Community Trust
Trustees, Annual Report for the year ended 31 March 2025
Trustees, Annual Report for theyear ended 31 March 2025
Yorkshire Water Community Trust (YWCT), Freepost BD3074, Bradford, West Yorkshire, BD3 7BR, is registered
with the Charity Commission (No. 1047923) and constituted by Deed of Trust dated 27 June 1995 that
operated for an initial period of 21 years A new Trust Deed was approved and signed on 9 June 2016.
Bankers and Independent Auditor
Bank..
National Westminster Bank PIC
City Off ice
Park Row
Leeds
LSI IQS
Independent auditor.
Azets Services Limited
12 King Street
Leeds
LSI 2HL
The Yorkshire Water
COMMUNITY TRUST

Yorkshire Water Community Trust
Trustees, Annual Report for the year ended 31 March 2025
Objectives and Activities
The primary aims and legal purpose ofthe Trust are:
To help those who are in conditions of need and who are unable to meet or pay for charges for the supply
of water and sewerage;
To enable applicants to break the circle of debt and to resolve their debt problems in the long term;
To make donations to charitable or other institutions as the Trustees in their absolute discretion think fit;
and
To play a role in the establishment of Trust Funds throughout the water industry.
All these key activities are of significant public benefit
It is important to encourage and maintain enthusiasm from all Trustees, to get their commitment to fulfil the
role effectively, playing an important part in the process. It is particularly important that new Trustees
participate in customer application audits, so they can get a real feel for our customers. This helps them to
make decisions around the criteria, ensuring that the Trust continues to help the most in need, right across
the region.
The need is recognised by Trustees and Officers to continue to raise the profile of the Trust in the right areas,
and to demonstrate a strong business case to Yorkshire Water SeNices Limited (Yorkshire Water) for its
continued evolvement
Roferenco and Admlnlstratlvo detalls
The charity Trustees who served during the year and up until the date of signing the Annual Report were..
Mrs K Pinnock (Chairperson
Mr P M Leadbetter MVO
Mr B Miah
Mrs A Thewlis
Mrs G Beniston
Mr A Hunt
Ms S Clayton
Mrs N Browne
Mrs S Cheetham (appointed 21 April 2024)
Mrs F Patel (appointed 21 May 2024)
The Yorkshire Water
COMMUNITY TRUST

Yorkshire Water Community Trust
Trustees, Annual Report for the year ended 31 March 2025
The TrUSt￿S collectively provide the diverse mix of skills, experience and knowledge required to run the Trust
effectively.
Baroness Kathryn Pinnock (Kath) was appointed to the Board of Yorkshire Wateras an independent non-
executive director in March 2008. Kath stepped down from the Board of Yorkshire Water in August 2017.
Kath has been a councillor with Kirklees Council since1987and has held the postof Leader ofthe Council
from 2000 to 2006. She is a vice president of the Local Government Association and was both a board
member of Yorkshire Forward from 2000 to 2012 and a member of the executive of Yorkshire and Humber
Regional Assembly from 2000 to 2006. Kath was a regional peer for the Local Government Improvement
and Development Agency which involved working with councils and councillors to improve the quality
of local government
Kath was awarded an honorary doctorate by the University of Huddersfield in 2015 for services to
Local Government. She was appointed to the Governing Body of the University in 2016. In 2014 Kath
was awarded a Peerage and speaks on Local Government and children's issues in the House of Lords.
Phil Leadbetter MVO retired in March 2004 with the rank of Wing Commander after a 37-year career
in the Royal Air Force. He is a member of the Soldiers Sailors Airmen and Families Association (SSAFA)
Forces Help and served as a Divisional Secretary for three years. He is also a former Chairman of
the local branch of the Royal Air Force Association.
Babul Miah is a practising solicitor and specialises in litigation disputes including civil, personal injury,
employmentand immigration matters. He hasworked for leading Yorkshirefirm Gordons LLP and was
a former partner at Derbyshire firm Chapman & Chubb. He is currently working as a Consultant at
Larkman Lodh Solicitors in Sheffield & Nottingham. He is also a trained mediator, dealing with pro-
bono neighbour disputes.
Ariane Thewlis previously worked for the Direct Line Group for 16 years in various roles and was a
Complaints manager when she left to join Loop. She has worked for Loop as a Collections Manager
for nearly eleven years looking at collection of debt and balancing customer and business needs
and ensuring customers are offered the support, they need to be able to get out of debt with the
focus on vulnerability. She has led the Loop Wellbeing Group for the last nine years supporting
colleagues and identifying and raising awareness for Mental, Physical, and financial health. As she is
a Collections manager, she can provide a differentperspectiveto someofthe challengesthat people
are facing.
Ginger Beniston is Head of Quality and Compliance for a large, established mental health charity
which specialises in supporting individuals with poor mental health and problem debt. Ginger used
to manage the Mental Health Crisis Breathing Space Scheme (aka, The Debt Respite Scheme)
whereby individuals receiving mental health crisis treatment, could apply for legal protections
against creditor action. In April 2023 Ginger was seconded to her current role in managing the FCA
responsibility of the Mentol Health & Money Advice Service. Ginger has worked in the charity sector
since 2017 and previous to that. worked in the Banking sector since moving to the UK from Canada in
2001.
The Yorkshire Water
COMMUNITY TRUST

Yorkshire Water Community Trust
Trustees, Annual Report for the year ended 31 March 2025
Adrian Hunt enlisted in May 1975 to the Royal Armoured Corps Junior Leaders Regiment stationed in
Bovington, Dorset. The highlight of his career was being nominated as the Queens driver for the Royal
Tank Regiments Standard Parade in 1985. Adrian left the regular army in 1998 after a full career (23
years). Adrian joined the Army Reserves in 2000 and commissioned in 2005. He is currently serving
with the Army Reserves in Co Durham with 102 Battalion Royol Electrical fvAechanical Engineers as the
Battalion 2nd In Command and Operations Officer. Adrian holds the appointment of Branch Secretary
for SSAFA South Yorkshire and sits on a number of Local Authority Armed Forces Community
Covenant Boards as the SSAFA military representative.
Sarah Clayton is a retired housing and regeneration professional. During 0 35 year career she held a
number of senior management roles delivering strategic housing services, large scale affordable
housing and regeneration schemes and housing management services. Sarah was the Head of
Housing Management at Kirklees Neighbourhood Housing managing services to 23,000 council
homes across Kirklees. Previous to this, she was the Head of Housing Strategy for Salford City Council
for ten years which included dealing with the regeneration schemes in deprived areas to help
develop new affordable homes.
Nicola Browne has worked for Yorkshire WaterlLoop for the past 27 years having commenced her
journey with Yorkshire Water in September 1995 as a Customer Service Graduate. Around 1998, she
moved to Advertising and Publicity and then to Sales and Marketing. In 2000, she transferred to Loop
where she undertook a variety of roles within Account Management, Marketing, Internal and External
Communication and then took over the management of Loop's Change Programme. She currently
works in the wider Integration and Improvement Team as Business Change Manager and manage a
team of Implementation Managers and the Loop Communication Specialist
Sarah Cheetham joined as a Trustee in May 2024. Sarah has worked at stepchange Debt Charity
since 2001 and is a member oftheir Senior LeadershipTeam. She currently holds the position of Head
of Operating Subsidiaries, where she's responsible for their IVA, Equity Release and Mortgage
businesses. Prior to this she held the position of Head of Debt Advice and Head of Operational Service
Delivery. Sarah brings a wealth of experience from the charity and debt advice sector, including
operational leadership, change management and product management.
Fayaz Patel joined as a Trustee in May 2024. Fayaz has over a decade of experience in asset
management within the utility engineering and process industry, specifically in the oil and gas sector.
As an electrical engineer specialised in power systems. he started his career offshore on an oil and
gas platform, where he developed my skills as an electrical specialist at ConocoPhillips. Currently, he
works onshore with National Gas Transmission in the Asset Engineering departmenL providing
electrical engineering expertise for CapEx projects. In his role, he provides engineering and technical
support throughout the lifecycle of projects and he is responsible for technical audits, ensuring
compliance with key legislation, regulatory, policy and procedural requirements related to electrical
work on compressor and terminal sites across the United Kingdom.
The Yorkshire Water
COMMUNITY TRUST

Yorkshire Water Community Trust
Trustees, Annual Report for the year ended 31 March 2025
The expenses of the Trustees are covered by the Trust. The Trustees have taken into consideration the
Charity Commission guidance on public benefit. The Trust aims to benefit the public through helping to
relieve water poverty in Yorkshire when reviewing the organisation's aims ond objectives and in planning
future activities.
The Trustees consider the key management personnel of the charity to be the Board of Trustees. The
Trustees are in charge of directing and controlling the charity and running and operating the charity on
a day to day basis. All Trustees give their time freely and no Trustee remuneration was paid in the year
(2024: £nil) other than the reimbursement of expenses, as disclosed in note 4.
The Yorkshire Water
COMMUNITY TRUST

Yorkshire Water Community Trust
Trustees, Annual Report for the year ended 31 March 2025
Trust Officers
The Trust has a part-time Trust Manager (Claire Gott) with two part-time Trust Officers (Justine Gardner and
Zarqa Manir) and a full-time Trust Officer (Tasleem Salaq). All resources are funded by Kelda Group Limited
(Kelda Group) and work within a Service Level Agreement for the Trust The employment and ossocioted
costs of these individuals are disclosed in the Statement of Financial Activities and related notes.
A Trust Secretary (Emily Priestley) and a Treasurer (Elliott Pashley) provide their services on a voluntary basi&
Structure. Governance and Management
Inductlon and Tralnlng of new Trustees
Trustees are appointed foran initial period of three years. afterwhich they may resign or offer themselves
for re-election for a further term of off ice. Trustees are appointed by way of general advertising via the
local Citizen Advice Bureaux, Debt Agencies and Chambers of Trade. Applications are invited from
anyone. The process of appointment involves a potential candidate submitting their CV to the Trust
Officer which is then considered initially by the Trustees at a quarterly Trust meeting to draw up a short
list. Candidates are then invited for interview by a panel comprising the Chairperson of the Trust, one or
two Trustees and the Trust Manager. Once interviewed, selected, and references confirmed, the panel
puts forward successful candidates for appointment to the next Trust Board meeting for opproval.
There are no provisions for any other person or body to appoint one or more Trustees.
Trustees are appointed by deed by the existing Trustees pursuant to the provisions of the Trust Deed
and the Trustee Act 2000.
There are no restrictions imposed by the governing document concerning the way in which the
charity operates or any specific investment powers that this requires to be described.
The charity does not make any investments and accordingly does not have an investment policy.
On appointment, all new Trustees are given a copy of the Trust Deed, a copy of the most recent YWCT
Business Plan, a Trust Information Pack and copies of the minutes from the past year's Trust meetings.
They also receive a copy of appropriate information from the Charity Commission website - e.g. cc3(a)
The Essential Trustee.
Trustee Audits are an imF)Ortant part of training where o Trust Officer is present. Here they have the
opportunity to see actual application forms. giving them an insight into the individuals and families they
have a responsibility to help.
The Yorkshire Water
COMMUNITY TRUST

Yorkshire Water Community Trust
Trustees, Annual Report for the year ended 31 March 2025
At least once each year, the Trust Manager gives a presentation at a quarterly meeting. This reminds all
Trustees of the background to the Trust etc. along with a review of the current criteria and recent
octivities. The Trust Officers are always available for advice and information.
Award Approvol Process
All decisions regarding the payment of awards are made by the Trustees at their quarterly meetings or
mid-audits. Authority to reject applications which do not meet the criteria for awards is delegated to the
Trust Officer, but these are formally confirmed retrospectively by the Trustees. The Trustees also have the
opportunity to review the applications for awards at mid-audits and final audits held each quarter.
Rlsks
The Trustees have examined the major strategic business and operational risks, which the charity faces and
confirm that systems have been established to enable regular reports to be produced so that the necessary
steps can be taken to lessen these risks. The major risks identrfied are:
Inadequate funding; which is mitigated by timely and accurate requests for funding made to the Kelda
Group, as well as quarterly reporting of financial returns and operations status.
Dependency on sole income source: which is mitigated by the Trust Chairperson liaising with senior
ex￿utIveS of Kelda Group to provide updates on the charitys acttvities.
Restrictions on types of awards- which is mitigated by the criteria for awards being revised to reflect
restrictions and forward funding requests are made to Yorkshire Water if appropriate.
Misuse offunds, including fraud (internal and external)- which is mitigated by monitoring and auditing of
applications by the Trustees and keeping an audittrail of the systems pr￿eSsIng.
Inadequate IT systems, which is mitigated by technical support provided by Kelda Group, regular data
backups and system updates, disaster recovery procedures and security and authorisation procedures.
Non-compliance with legislation and regulations which is mitigated by monitoring compliance
procedures and identification of issues where advice is required and access where necessary.
The Yorkshire Water
COMMUNITY TRUST

Yorkshire Water Community Trust
Trustees, Annual Report for the year ended 31 March 2025
Achievements and Perfomiance
The Trust Off icers have continued to maintain and create good relationships throughout the advice
and support agencies in Yorkshire.
In accordance with criteria set by the Trustees. awards totalling £1,191,480 (2024= £1,199,051) were
made to 2,297 (2024: 2,422) successful applicants. These were identified as being the individuals and
families most in need from the 2.865(2024= 3.024) applicants.
Trustees and the Trust Officers have actively monitored and reviewed the criteria, in order to
maximise the budget and to help them target the groups, individuals and families most in need in
the community.
During the year, every applicantwho met the criteria received an award for the full amount to which
they were entitled within the funding received from Kelda Group. Any additional applications entitled
to awards in the year will be considered in nextyear's funding. External influences were inevitably an
issue, due tothe high levels of utilitydebtthroughoutthe region, and indeed nationwide. Asexpected,
external issues continued to affect the Trust, but it has continued to grant awards by passing on all
funds received from Kelda Group.
Of the Trustees, Nicola Browne is also employed by the Keldo Holdings Limited group of companies.
As detailed on page10 there was a decrease in applications sent out, throughout the financial year,
the full budget was utilised in advance of year end due to the ongoing cost-of-living crisis, the Trust
saw a 6°A decrease in applications. It is expected that there will continue to be an effect of the cost-
of-living crisis in 2026.
The Yorkshire Water
COMMUNITY TRUST

Yorkshire Water Community Trust
Trustees, Annual Report for the year ended 31 March 2025
Analysis of Applications to YWCT
During the year ended 31 March 2025, the Trust Officers sent out12087 (2024.12876) application forms to
individuals which was an decrease of 6% (2024: 5% decrease) on the previous year. The majority of
individual requests for application forms originated from referrals from Yorkshire Water credit control
staff, with other requests from the various advice agencies and directly from individuals. Literature
enclosed with Yorkshire Water bills made clear reference to the TrusL
Awards were made according to the criterio set by Trustees and crfter full consideration of the applicants.
individual circumstances based on details given on their application form (a few of which were confirmed
by letter I telephone). In order to be successful, applicants must have firstly shown that they were in a
multiple priority debt situation and must not have previously received an aword from the Trust within the
past two years. The whole situation of the household was then considered, particularly with regard to
regular income and outgoings. overall level of debt financial dependants, long-term illness or disability,
and physical, emotior￿1 or financial vulnerability.
Whilst it is accepted that not all applicants will have been helped, from the applications received, 80/.
(2024.. 80/.) have been assisted by the Trust The following graphs show trends for the Trust over the last
four years.
Number of applications received and approved at each Trust Meeting
•Applications
roved
1000
900
800
700
600
500
400
300
200
100
Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep22 Dec-22 Mai-23 Jun-23 Sep-23 Oec-23 Mar-24 Jun-24 Se*24 Dec-24 Mar-25
io
The Yorkshire Water
COMMUNITY TRUST

Yorkshire Water Community Trust
Trustees, Annual Report for the year ended 31 March 2025
The average award for the year ended 31 March 2025 was £519 (2024: £495).
Total award made at each Trust meeting
400
350
300
250
200
150
100
50
Jun-21 Sep21 Dec-21 Mar-22 Jun-22 SepL Dec-22 Mar-23 Jufr23 Setr23 Dec-23 ￿￿-24 Jun-24 se￿24 Dec-24 Mar-25
The Yorkshire Water
COMMUNITY TRUST

Yorkshire Water Community Trust
Trustees, Annual Report for the year ended 31 March 2025
Financial Review
Pollcy on Roservos
It is the policy of the Trustees to pay (]words to thefull level of funding and throughout the year to maintain
the reserves at a minimum level.
The minimum level is approximately £5,000 (2024". £5,000) and is used to meet short term financing
need& This is unrestricted and available to be applied for the general purpose of the charity. Free reserves
as at 31 March 2025 were £15,354 (2024= £9,714), in line with the policy.
Prlnclpal Fundlng Source
The principal funding source for the Trust is Kelda Group, it is the TTUStees' expectations that this funding will
continue for the foreseeable future.
Investments
No investments are held by the Trust
Fundraising
The Trust receives donations from Kelda Group arKI does not undertake any external fundraising activities.
Review of Awards
YWCT approved awards as follows:
Dgteof Meeting
Amount Poid (£)
No ol Awards
June 2024
354,655
677
September 2024
313,667
612
December 2024
354.497
679
March 2025
168,661
329
These awards amounted to a total of £1,199,480 (2024: £1,199,051).
12
The Yorkshire Water
COMMUNITY TRUST

Yorkshire Water Community Trust
Trustees, Annual Report for the year ended 31 March 2025
The Trust Manager formally reports at least quarterly to Trustees, to show the budgetary position and other
relevant information. No awards are made until formally approved by Trustees, as set out below..
the application is checked for completeness and signature.
decision made on basis of current criteria..
unsuccessful and potentially successful applicants are advised in writing;
application and decision checked by third party;
Trustees approve awards at mid-audit or quarterly meeting,. and
awards made and successftjl applicants informed in wrtting.
Going concem
The Trustees believe that preparing the Financial Statements on the goirKJ concern basis is appropriate.
YWCT has no commitments and has total discretion over grants made from available cash reserves
received from Kelda Group.
13
The Yorkshire Water
COMMUNITY TRUST

Yorkshire Water Community Trust
Trustees, Annual Report for the year ended 31 March 2025
Plans forthefuture
The Trust will continue to play a role in moving charitable organisations forward within the utility sector,
particularly in the Yorkshire region.
Trustees and Trust Off icers will continue to work with advice agencies and Keldo Group colleagues in
raising awareness of the Trust acrossthe region.targeting the mostappropriate groups of individuals
and families.
There will be an ongoing process of reviewing the criteria and operating procedures of the Trust,
maximising the budget.
Trustees will continue to look for evidence that they are making a difference to the lives of some of our
most vulnerable individuals and families.
The Twst will continue to make awards in line with its objectives, listed on page 3, for the foreseeable
future.
Indwndent audltor
Azets Audit Services Limited have indicted their willingness to stand for reappointment, and
arrangements have been made with the Trustees for reoppointment..
14
The Yorkshire Water
COMMUNITY TRUST

Yorkshire Water Community Trust
Trustees, Annual Report for the year ended 31 March 2025
The Trustees, responsibilities st(rtement
The Trustees are responsible for preF)aring the Trustees Annual Report and the Financial Statements in
accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally
Accepted Accounting Practice). including FRS102"The Financial Reporting Standard applicable in the UK and
Republic of Ireland".
The law applicable to charities in England and Wales requires the Trustees to prepare Financial Statements
for each financial year which give a true and fair view of the state of crffairs of the charity and of the income
and expenditure of the charity for that period.
In preparing these Financial Statements, the Trustees are required to:
select suitable accounting policies and then appty them consistently,.
observe the methods and principles in the Charities SORP;
make judgments and estimates that are reasonable and prudent
state whether applicable accounting standards have been followed,. and
prepare the Financial Statements on the going con￿rn basis unless it is inappropriate to
presume that the charity will continue in business.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy
at any time the financial position of the charity and enable them to ensure that the Financial Statements
comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions
of the Trust Deed. They are also responsible for safeguarding the assets of the charity and hence for taking
reasonable steps for the prevention and detection of fraud and other irreguloritie
The Trustees are responsible for the maintenance arKI integrity of the chority and financial information
included on the charity's website. Legislation in the United Kingdom governing the preparation and
dissemination of Financial Statements may differ from legislation in other jurisdictions.
Under the Charities Act 2011, the Trustees must not approve the Financial Statements unless they are
satisfied that they give a true and fair view ofthe state of affairs of the charity and of the surplus or deficit
of the charity for that period.
Kqth Pinnock on behall of the Trustees
Trustee
Date:
04111/2025
15
The Yorkshire Water
COMMUNITY TRUST

Yorkshire Water Community Trust
Trustees, Annual Report for the year ended 31 March 2025
Independent auditors report totheTrustees ofyorkshire Water Communty Trust
Roporton the audlt ofthe Flnancial Statoments
oplnlon
We have audited the Financial Statements of Yorkshire Water Community Trust for the year ended 31
March 2025 which comprise the statement of financial activities, the balance sheet the statement of
cash flows and notes to the Financial Statements, including significant accounting policies. The financial
reporting framework that has been applied in their preparation is applicable law and United Kingdom
Accounting standards, including Financial Reporting standard 102 The Financial Reporting standard
applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion the Financial Stotements=
' give a true and fair view of the state of the Trusfs affairs as at 31 March 2025 and of its surplus for the
year then ended,.
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice,. and
. have been prepared in accordance with the requirements of the Charities Act 2011.
Basls for oplnlon
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and
applicable law. Our responsibilities under those standards are further described in the Auditors
responsibilities for the audit of the financial statements section of our report. We are independent of the
Trust in accordance with the ethical requirements that are relevant to our audit of the Financial
statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical
responsibilities in accordance with these requirements. We believe that the audit evidence we have
obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relqting to going Concern
In auditing the financial statements, we have concluded thatthe Trustees use of the going concern basis
of accounting in the preparation of the Financial Statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to
events or conditions that, individually or collectively, may cast significant doubt on the trust's ability to
continue as a going concern for a period of at least twelve months from when the Financial Statements
are authorised for issue.
Our responsibilities and the responsibilities of the Trustees with respect to going concern are described
in the relevant sections of this report.
16
The Yorkshire Water
COMMUNITY TRUST

Yorkshire Water Community Trust
Trustees, Annual Report for the year ended 31 March 2025
Independent auditors report totheTrustees ofyorkshire Water Communty Trust (continued)
other information
The other information comprises the information included in the Annual Report other than the Financial
Statements and our auditors report thereon. The Trustees are responsible for the other information
contained within the annual report. Our opinion on the Financial Statements does not cover the other
information and, except to the extent otherwise explicitly stated in our repor¢ we do not express any form
of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so,
consider whether the other information is materially inconsistent with the Financial Statements or our
knowledge obtained in the course of the oudit or otherwise appears to be materially misstated. If we
identify such material inconsistencies or apparent material misstatements,we are required to determine
whether this gives rise to a material misstatement in the Financial Statements themselves. If, based on
the work we have performed, we conclude thatthere is a material misstatement of this other information,
we are required to report that fact.
We have nothing to report in this regard.
oplnlons on othèr matters
In our opinion, based on the work undertaken in the course of our audit:
the information given in the Trustees report for the financial year for which the Financial Statements
are prepared is consistent with the Financial Statements,. and
. the Trustees report has been prepared in accordance with applicable legal requirements.
Matters on whlch we are requlred to report by oxcoptlon
In the light of the knowledge and understanding of the Trust and its environment obtained in the course
of the audit, we have not identified material misstatements in the Trustees. report. We have nothing to
report in respect of the following matters in relation to which the Charities Act 2011 requires us to report
to you if, in our opinion..
adequate accounting records have not been kept, or returns adequate for our audit have not been
received from branches not visited by us- or
. the Financial Statements are not in agreement with the accounting records and returns,. or
. certain disclosures of Trustees specified by law are not made; or
. we have not received all the information and explanations we require for our audit.
17
The Yorkshire Water
COMMUNITY TRUST

Yorkshire Water Community Trust
Trustees, Annual Report for the year ended 31 March 2025
Independent auditors report totheTrustees ofyorkshire Water Communty Trust (continued)
Rosponslbllltlos of Trustees
As explained more fully in the Trustees, responsibilities statement. the Trustees are responsible for the
preparation of the Financial Statements and for being satisfied that they give a true and fair view, and
for such internal control as the Trustees determine is necessary to enable the preparation of Financial
statements that ore free from material misstatemenL whether due to fraud or error. In preparing the
Financial Statements, the Trustees are responsible for assessing the Trust's ability to continue as a going
concern, disclosing, as applicable, matters related to going concern and using the going concern basis
of accounting unless the Trustees either intend to liquidate the Trust or to cease operations, or have no
realistic alternative but to do so.
Auditor's responsibilities for the audit of the Finqncial Statements
Our objectives are to obtain reasonable assurance about whether the Financial Statements as a whole
are free from material misstatement whether due to fraud or error, and to issue an auditors report that
includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an
audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists.
Misstatements can arise from fraud or error and are considered material if, individually or in the
aggregate,they could reasonably be expected to influence the economic decisions of users taken on the
basis of these financial statements.
A further description of our responsibilities is available on the Financial Reporting Council's website at:
www.frc.org.uklauditorsresponsibilities. This description forms part of our auditors report.
Extent to which the audit was considered copable ol det￿tIng irregulorities, including fraud
Irregularities, including fraud, are instances ot non-compliance with laws and regulations. We design
procedures in line with our responsibilities. outlined above and on the Financial Reporting Council's
website, to detect material misstatements in respect of irregularities, including fraud.
We obtain and update our understanding of the entity, its activities, its control environment, and likely
future developments, including in relation to the legal and regulatory framework applicable and how the
entity is complying with that framework. Based on this understanding, we identify and assess the risks of
material misstatement of the Financial Statements, whether due to fraud or error, design and perform
audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate
to provide a basis for our opinion. This includes consideration of the risk of acts by the entity that were
contrary to applicable laws and regulations, including fraud.
Independent auditorfs report totheTrustees ofyorkshire Water Communty Trust (continued)
In response to the risk of irregularities and non-compliance with laws and regulations, including fraud,
we designed procedures which included:
18
The Yorkshire Water
COMMUNITY TRUST

Yorkshire Water Community Trust
Trustees, Annual Report for the year ended 31 March 2025
Enquiry of management and those charged with governance around actual and potential
litigation and claims as well as actual, suspected and alleged fraud,.
. Reviewing minutes of meetings of those charged with governance,.
Assessing the extent of compliance with the laws and regulations considered to have a direct
material effect on the financial statements or the operations of the company through enquiry
and inspection-
Reviewing Financial Statement disclosures and testing to supporting documentation to assess
compliance with applicable laws ond regulations;
- Performing audit work overthe risk of management bias and override of controls, including testing
of journal entries and other adjustments for appropriateness, evaluating the business rationale
of significant transactions outside the normal course of business and reviewing accounting
estimates for indicators of potential bias.
.Performing audit work over the timing and recognition of income and in particular whether it has
been recorded in the correct accounting period.
Because of the inherent limitations of an audiL there is a risk that we will not detect all irregularities,
including those leading to a material misstatement in the Financial Statements or non-compliance with
regulation. This risk increases the more that compliance with a law or regulation is removed from the
events and transactions reflected in the Financial Statements, as we will be less likely to become aware
of instances of non-compliance. The risk of not detecting a material misstatement resulting from fraud
is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions,
misrepresentations, or the override of internal control.
Useofour report
This report is made solely to the Charitys Trustees, as a body. in accordance with Part 4 of the Charities
(Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state
to the Charity's Trustees those matters we are required to state to them in an auditor's report and for no
other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to
anyone other than the Charity's Trustees as a body, for our audit work, for this reporL or for the opinions
we have formed.
Azets Audit Services Limited is eligible for appointment as auditor of the charity by virtue of its eligibility
for appointment as auditor of a company under section 1212 of the Companies Act 2006.
Jesslca Lawrence (Sonlor Statutory Audltor)
Azets Audit Servi¢es Limited
12 King Street, Leeds, LSI 2HL
Date:
10/1112025
19
The Yorkshire Water
COMMUNITY TRUST

Yorkshire Water Community Trust
Trustees, Annual Report for the year ended 31 March 2025
statement of Financial Activities fortheyear ended 31 March 2025
Notes
Total unrestricted
lunds
for the
year ended
31 March
2025
Total unrestricted
funds
for the
year ended
31 March
2024
Income
Donations and Legacies
Donations
1,298,172
1,293,233
Total Income
1,298,172
1,293,233
Expenditure
Charitable Activities
Charitable activities in the year
(1.292.532)
(1,293,233)
Total Expondlturo
(1,292,532)
(1,293,233)
Net movement in funds
5.640
Fund balances brought forward at l April
9.714
9,714
Fund balancos carrled forward at 31 March
15.354
9,714
All amounts related to continuing operations.
The charity has no gains and losses other than those included in the results above in the current and prior
year. All funds are unrestricted.
20
The Yorkshire Water
COMMUNITY TRUST

Yorkshire Water Community Trust
Trustees, Annual Report for the year ended 31 March 2025
Balance Sheet as at 31 March 2025
31 March
31 March
2025
2024
Notes
Curront Assets
Cash at bank and in hond
315,354
309,714
Liabilities due < l year
Deferred Income
(300,000) (300,000)
Net Assets
15,354
9,714
Tho Funds of tho Charlty
Unrestricted funds
15,354
9,714
Total Charity Funds
15,354
9,714
These Financial Statements on pages 20 to 26 for YWCT. registered number 1047923, were approved by the
Trustees and authorised for issue on. They were signed on its behalf by.
Koth Pinnock
Trustee
Date:
0411112025
21
The Yorkshire Water
COMMUNITY TRUST

Yorkshire Water Community Trust
Trustees, Annual Report for the year ended 31 March 2025
statement of cash flows for the year ended 31 March 2025
Year ended
31 March
2025
Year ended
31 March
2024
Donations from Kelda Group
1,197,120
1,199,051
Charitable grants payable
(1.191,480)
(1,199,051)
Net movements in funds for the year
Net cash flows from Trust activities
5.640
5,640
Cash at bank and in hand at the start of the year
Cash at bank and in hand at the end of the year
309.714
309,714
315.354
309,714
Material Non-cosh Tronsoctions
During the period ended 31 March 2025 £101.052 (2024= £94,182) of costs were incurred in relation to support
and other costs (note 4). However the costs of these seNices were donated in full by Kelda Group. There were
no cash equivalents at 31 March 2025 (2024: none).
The notes overleaf form F)art of these Financial Statements.
22
The Yorkshire Water
COMMUNITY TRUST

Yorkshire Water Community Trust
Trustees, Annual Report for the year ended 31 March 2025
Notes to the Financial Statements for the year ended 31 March 2025
The charity is o public benefit charity and is an unincorporated charitable Trust.
Accounting Policies
Basis of preF>aration
The Financial Statements have been preF)ared in accordance with 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 l January 2019) - (Charities SORP (FRS102)).
The Financial Statements have been prepared on the historic cost basis and accounting policies
have been consistently applied.
The functional currency of the Trust is pounds sterling, and the Financial Statements are presented
in pounds sterling rounded to the nearest £1. Cash at bank and in hand comprise cash balances.
Income
Recognised when the Trust has entitlement to the funds, any performance conditions attached to
the item(s) of income have been met, it is probable that the income will be received, and the amount
can be measured reliably.
Donated support and other services are recognised on of the value of the gift to the charity, which is
the amount the charity would have been willing to pay to obtain services or facilities of equivalent
economic benefit on the open market; a corresponding amount is then recognised in expenditure in
the period of receipt.
Expenditure
Charitable expenditure is recognised in the Financial Statements once there is a legal or constructive
obligation to make a payment to a third party, it is probable that settlement will be required, and the
amount of the obligation can be measured reliably.
Support costs are those functions that assist the work of the charity but do not directly undertake
charitable activities. Support costs include back off ice costs, finance, personnel and governance
costs which support the charitys activities.
23
The Yorkshire Water
COMMUNITY TRUST

Yorkshire Water Community Trust
Trustees, Annual Report for the year ended 31 March 2025
Notes to the Financial Statements for theyearended 31 March 2025 (continued)
Accounting Policies (continued)
Llabllltles
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or
the amount it has received as advanced payments for the goods or services it must provide.
Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the Chority and which have not been designated for other
purposes.
l Accounting estimates and judgements
The preparation of Financial Statements in accordance with FRS 102 requires the use of certain critical
accounting estimates. It also requires Trustees to exercise theirjudgement in the process of applying
the Trust's accounting policies.
In the application of the charitys accounting policies, the Trustees are required to makejudgements,
estimates and assumptions about the carrying amount of assets and liabilities that are not readily
apparent from other sources. The estimates and associated assumptions are based on historical
experience and other foctors that are considered to be relevant. Actuol results may differ from these
estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to
accounting estimates are recognised in the period in which the estimate is revised, if the revision
affects only that period, or in the period of the revision and future periods if the revision affects both
current and future periods.
After review, the Trustees consider that there are no critical estimates and assumptions which have
a significant risk of causing a material adjustment to the carrying amount of assets and liabilities
within the Financial Statements.
24
The Yorkshire Water
COMMUNITY TRUST

Yorkshire Water Community Trust
Trustees, Annual Report for the year ended 31 March 2025
Notes to the Financial Statements for the year ended 31 March 2025 (continued)
3. Funds
The income funds of the charity are all unrestricted.
The following funding was received by way of donations from Kelda Group in the year.
2025
2024
Donations
Support Costs (note 4)
Total donations
1.197.120
101,052
1.298.172
1,199,051
94,182
.293,233
Donations include £300,000 (2024: £300.000) received in advance from Kelda Group and are
disclosed as deferred income (see note 8).
4. Support and Other Costs
The following support and expense costs were incurred by the charity during the year.
2025
2024
Kelda Group
Support costs
92.462
86,157
Other costs including audit fees
8.480
7,650
Trustees
Trustee expenses paid to ten Trustees (2024= ten)
375
Total
101,052
94,182
Support costs included the following full time and part-time staff resources and associated costs
who are employed within the Kelda Group: full time.. one (2024: one), part-time.. three (2024.. three).
The Trust has no directty employed staff.
Support costs included governance costs relating to audit fees (note 5) of £8,480 (2024: £7,650).
The Trustees receive no remuneration for their services otherthan reimbursed expenses os disclosed
above.
25
The Yorkshire Water
COMMUNITY TRUST

Yorkshire Water Community Trust
Trustees, Annual Report for the year ended 31 March 2025
Notes to the Financial Statements for the year ended 31 March 2025 (continued)
5. Audltor's Romuneratlon
2025
2024
Audit of these Financial Statements
8,480
7,650
Audit fees are paid by Kelda Group.
6. Related-party transactions
There are no related party transactions in the reporting period that require disclosure (2024.. none)
other than reimbursed Trustee expenses as disclosed in note 4.
Grant-making activities
2025
Grants to
Individuals
Support
Costs
(note 4)
Totol
Charitable grants payablefor the benefitof individuals
in financial need
1,191,480
101,052 1,292,532
2024
Grants to
Individuals
Support
Costs
Total
Charitable grants payable for the benefit of individuals in
financial need
1,199,051
94,182
1,293,233
8. Liabilities due less than l year
Deferred income of £300,000 (2024: £300,000) relates to donations received in advance from Kelda
Group.
Ultlmate Controlllng Party
The charity's ultimate controlling party is the Board of Trustees.
26
The Yorkshire Water
COMMUNITY TRUST