Registered No: 3349084 (England and Wales) Charlty No: 1064700 Rivington Heritage Trust Limlted by guarantee Report of the Trustees and Audited Flnan¢i21 Statements For the Year Ended 31 Mirch 2021 'A4DP0K4B 2410912021 COMPANIES HOUSE RiviThgton Herilag¢ Tnut Contents Tntstees, advisen thd othu infornthti SIAternent of TTUSte¢s' r¢sJ>wsibilitiN inr¢¥fft of thc Trustre¥' A￿￿1 Report and the st4tem¢alg Indepelldwrt auditor'j report Statement of fioaocial activities (iDcorpoRting an inwn¢ and ex￿ditUT¢ a￿0￿rt) io Statement of financial p05i¢ion li Statement of casb flow 12 Not¢$ to 5tat¢rn¢nt of cash flows 13 Not&% to the fukncial 3tst¢ments 14 Rivington Heritage Ttvst Registered No.. 3349084 Ch￿lty No: lo647￿) Trustees, advisers and other information Trustees JG Ashwortb V Ashwortb J Burrows DH Cr4wshaw J Farrel]y RM Galloway SD Jones C Matthews JK Shcpley K Snvlpe J Wyatt (resigned 16 Sep*mb¢r 2020) (appointed 3 December 2019) Secretary UU Secretariat Limited Audllor Vois¢y & Co LLP 8 Winrnarleigh Stret wa￿l￿gtOn Cheshire WAI IJW Bankers N2ttv¢5t Chorley Bran¢b 46 Markd Sireet Chorley Lan¢a5hire PR7 2RZ Charltable eompany's reglitered office Haweswater House Lingl¢y Mere Business P￿k LiD8ley Green Avenue Great Sankey WaTTington WA5 3LP Rivington Heritage Trust (Registered Number 3349084) Trustees, report Th¢ TTUStEes. who act as directors for the pwposes of ￿mpanY law. pr￿t the annual r¢port and audited financial ststements forthe year ended 31 Marth 2021 for Bivingtott Herita8e Trnst. ('the Trust,). a privote charitsble company with nci 5haTe upitsl, limited by guarantee incorporated and TC8isier¢d in England It￿ Wal¢s. The nanM of the guaroDiot5 are disclosed in note 9. The financial statEments comply with the cIwiti￿ Act 2011. the Companie9Act2￿6 athd Ateounttng and Reportitigby c}￿lties.. Stst¢m¢n1ofR¢¢omrnend￿ P￿tice wpplicable ¢odJaT1ti￿pr¢PJTIngth¢ir2Cctsurtts in a￿Ord￿l￿ with the Financiv41 Rcp)rtinB Sthndarth applicable in the UK and R￿UbliC of trel4nd (FRS 102). srRUcTlI￿ GOVERNANCE AND MANAGEhlENT Governing do¢umeit Th¢ charity is a charitabk inCorF￿ted OTgaDiuIioD which is governed by the Foundation doment adopted on 21° Mtreh 1997. Reernltmellt And *ppoltstmellt of trusteej Apart from th¢ first ¢vw tru51ee mwibe appoiDtd by ? r¢solutiDD passed at &PTOPErly wnlend meeting of the board. In selecting indivtduals for appoititrnettt as charity trOStee& the board must have regard to the skills. ktsowled8e and experienc¢ n¢¢d¢d for the effe¢¢ive administration of the charity. OrgAnisatlonAl¥trncture The charity tntstees shall maDaBe th¢ affairs orth¢ Charity aud may for thatPUTPO4 ¢x¢rcis¢all the POW¢TS of the ¢barity. The maximum nutllber of ¢barity twslee4 15 15. the Charity trLL51¢es may not appoint any cbarity trusIv￿ if as aiesult the numberof ¢haTity trustees would exeeed the maximum. Declslon maklAg No decision shall be token OÉ 8 DKetiDg unless a quonun is pte5¢nt •t the time wben the decision is taken. The quornm is two Irustees. Howcvcr for de¢istons lo be valid at the meetÉng in qi)estion sufficient ￿otice of the meeting must have b¢¢n provided its all In￿le¢S ahead of th¢ me¢iitig. Indurtlon IralDIDg ofDew trnstees The board will make available w each n¢w clthrity INstee. on or before their appoinlmpAIL' copy of the emnl v¢rsi¢n of th¢ cor￿11￿110￿ and - a Copy of the charitÉes lalest Trt￿ted Report and slal¢meot of aeeoutsts. Key m8u*gement remunernllo A In]￿¢e acts ￿ th¢ shehcr uwM8eT and cwr¢DtJy does not ￿Ceive temun¢Tation or travel exp¢D5¢S for this ro Rlsk mAnagetllettt The tn￿tee3 have a dty to identify And rtview the risks to whi¢h the clwity is expsed and to ensure appropriate controls 3r¢ in place to provide rca50nable atsurance agaittsi fiaud and ¢rror. The ehaTity has d¢v¢loped a Tisk register to n)OYAitor cotttrol these risks to mitigate atsy impxt they may have on the organisation in the fithwe. Rivington Heritage Twst IRegi51ered Number 3349084) Trustees, report Truste¢$ The Trustees wtLo seTheil dutTrng the year and th¢Mft# wer¢: J G A5hworth V Ashworth J Burrows D H Qawthaw J Farrelly R M Galloway S D Joaes C Matthews J K Sh¢pl¢y Snape J Wyatt (Tesigned 16 Sept¢mbu2020) (appointed 3 De¢¢mber2019) During the year. di￿¢10￿. and officers. liability insurance wa% iti forc Golng Concern The Trustees. c(msideratiorLI in pre1￿)118th¢SE fiDaDcial slat¢ll*Dts ott 8 80in8 wncern basis are set ou¢ innoie l. Objectiyu and A¢tivitie The P￿￿Ose of the Trnst is to conserv4 mairkn. pmlect8Dd¢nhane¢ for the b¢llefit of the public. the heriWe witbin the Terractd GardEDS and Lever Park. The 8arden& land and buildings altr￿1 over a rnillion visilors 4 yeor. These as5¢ts and ihe wi¢Jer Rivington a￿a aTe a very highly valued inforniaj recreationareaforpeopl¢ from the surroundingtown$ and further afleld. St is of ai leastregional siBnificaDce in that context. The TnLSte¢s eonfinn tbat they have refenEd to ihe Charity CDuunission'8 guidan¢e on publi¢ benefii wbeo reviewiD8 tbe Tn￿t'S aims and objxtives. Rivington Terr￿ed Gardeos fonn a historic 35 heclate gaTden sile on a hi115ide adj¥¢nt to Lev¢r Park on the edge of the West Pewii¢ Moors and a￿ part of the reservoir ￿tchment aTea for the chain of reservoirs at IiiviDgton near Horwich in Gteater MaDchester. The gardens feattlre in the English Herit4¢ list of Historic Park and GaTdens and contain various s¢N¢tw¢y, elven of Whic￿ in¢lu(IiD8 tbc Mrtlln¢r house4 108gia, pigeott ￿Wer and iwni¢ seven arched bTid8¢ are individuglly lisTrd al GF8de Il. United Utilities Water Limi¢¢d is the land D￿er and tnJste¢ having acquired the gardens in 1938 (as tbe then Liverpool co￿Or&I]0￿). Subsequently. the assets tra￿fer￿d to the ownership of Northwest W¥ter Authority in 1974. NoTth West Water Limited in 1989. al￿ hence to United Utilities Waler Limited, who lease the garden$ to the trust for 8 peppeTcollL Rivington Heritage Tn Trustees, report (continued) Achlevements •Bd perfornianee Stskeholder relaiion5hip5 have E*en ccffltinued through the yeer with interested parties in¢ludiTQ Local AuthoTities. Parish Councillots •nd th¢ a$50¢iated COMM￿lty ForUn￿￿endS Group. In 2016, the HeritO8e ￿)ll¢ry Fund aru10￿n¢#I on award of £3.4m in ord¢r to fuwicially support the ￿PItal rnaintenaTKe {includin8 health and safety) of the Terr4ced Garden& Improve safe access 8nd wtden ¢du¢ation matrriajs p¢rtaining to the herita8eofthe Terraced Garden5 and the sum)unding area. During the CU￿eNt year. restoration And prEserv￿l￿n work$ hav¢ c4￿11nUtd and a numbEr of sue¢essiSJl events have taken place the Te￿a(£d Goth to Taise awareness and increase the Profile of the PTojeci which has attrathd fvture fundin8 from a number of %)urc¢5 in ord¢T ts) wkmertt thE main Heritas¢ Lott¢ry Fund 8rarf. The wd¢nshave i%em feauwed in sevetAI lo￿1 and n￿lonal ttewspap￿ on r¢gional T￿10 and on t¢leYis¢oft. Financlal revlew The Board considkys th4t suffi¢i¢nt fuTrds and arTan8ernents cxi51 within the thaTity to fulfil any fvture obli8atioDs as they fall due should any such obligations arise. The Trustr¢s ¢xped thai the charity will c4)ntinue to receive support from UDited UiilitiH Watet Limited. The finoDCiAI statements •nd a55￿781¢d notes ate detaile41 pages 8 to 12. Reserves poli¢y The unrestrickd fund is w8¢d by the charity th fund futtwe a¢tiviti¢s. The Board does Th)t coNider it nece&w to IK*ld significani Unre￿ed &% th¢ finwKin8 of any futw¢ ittYes¢ments will be with Unitcd Utililies Wat¢r Limitrd befott th¢ proj¢¢t 15 en)baTk¢d upon Any a￿ted financin8 will not be rechargtd to the Charity. Pu¢ur¢ fundlog There is #¢ur(¢nt balance withlliwwestrict¢d fund5 (which arc the same as free res¢rv¢s) of £52.227 {2020: £56.461). The kv¢l ofreserves required forthe chtiriry in th¢ future will be considered alongwith thefi a¢iivities of the charity and any fi*ure potemial gran¢ appliution> Informadoll glvell to the alldltor Each of th¢ ￿r$onS who is a Tnsitt at thc dal¢ of ¥pproval of this report confiTmS tbat.. so far a5 the Trustee is awar¢ there is no relevant audit infomution of which ihe TNst'$ auditor is urtaw8r¢" the Trustee has tskev #ll the steps th8t Wshe ￿tt0 havetsken as adirector to make bimselflherself aw4T¢ of any relevant audit infornthtion WKI to establish that th¢ Tr(￿.$ audilor is aw¥n of ihat iTheormalion. Audltor The audito￿ Voi5ey & Co I￿orp￿￿ into Voisey & Co LLP ort 1st May 2021. the paMer5hip re$l￿ed and the limtted liability pafthuship was appointed as s￿dIng auditors. A resolution proposin8 the reappointment of Vois¢y & QI LLP will ￿ proposed at th¢ followiJ)8 Annual General Meelin8. J Farr¢lly. Trustee and DirectOT. IS September 2021 Rivington Heritage Tn￿t Statement of Trustees, responsibilities in respect of the Trusteesg Annual Report and the financial statements The Truslees are responsible ftir preparing the Tn￿1￿5. AnDU81 Report #nd the fi￿ne1￿1 st&tements itt ordance with 4ppliuble13w and regu]atiOD5. CompaDy law requires the Tntstees to prepare ststements for each f￿￿claI year. Under that law they are required to prepare the fir￿l¢la1 5tst¢ments in ¥c¢ordanc¢ with UK Ateouniing Stsndardg and &pplicabl¢ law (UK Generally Accepted Accounting P￿ClIce). includwFRS 102 Th¢FiKo￿lAIRePort1Rg S¢andordapplicabl¢ in ihe UKandRepubltc oflreland. Under cornpany law the Tnstees musl not appmv¢ the financial statemeots unl￿8 th¢y arc satisfied tl they give a tTU¢ and fair view of th¢ sr* of affairn of th¢ cbaritsble Compatty and of the exeess of income over expen¢Jiturt for that PEriod. In pr¢patin8 these fmancial $iatWKDts, th¢ Trustees to.. sele¢t suitable aeeKJuntin8 ￿lie1c5 and then apply them eonsistently: make judgements and estittsatrs that are reasonable aDd pnmlentr assessthech8ritable¢ompatty's&bilityto continue as a801n8￿disC1oSlffjg. asapplicablArnitter$ related to goiog wucem: aod use the Boing Coll￿M basis of acwun¢ing unless theyeithtr intend kn liquidafr tbe chatitable eornpany ot to cease opeAtion4 or have no r¢alistic al*rnativ¢ but to do $0. The Tnjstees areiesponsible for keepiogadequale accounting recoxth that ate sUtri¢ientto showaDd explain the cbaritable company's tran5actlODS and disclose with ￿t￿r&*Ie aCCUTacy #t Ally tirtie tbe fmanci&l position of the charitable eompany and enable them to ensure that the fDwKial slatwnents comply with th¢ Compani%sAct 2006. They are responsible forsuch internal CODtrol as they d¢terniin¢ is ttecessary toenabl¢ the prepaTation of fiTwicial ststernents that are free from matetial misstatement. wheth¢r due to fraud or error, and have general Tesponsibility for taking such steps as are reasooobly open to th¢m to saf¢goard thc 85sets of tbe clwitable company and io prevent #nd fraud and other itre8ularities. Rivinglon Heritage Trust Report of the Independent Auditors to the Trustees of Rivington Heritage Trust for ¢be yur tndtd 31 Marrh 2021 OplDIDn We have audited the fiDan¢541 ststemBnts of Rivin8too Herita8e Tn￿¢ (the'charitrf) for the period ended 31 Maxh 2021 which comwise the Slatem¢nt of FiDan¢iai A¢tiviti¢s. th¢ Balan¢e Sheet atsd ttotes to th¢ finattcial stat¢rn¢nt5. in¢luding * 5umuwy of SigDificant accounting policies. The fuwici8] reporting frwnework that Iw been applied in their prtparatioTh ii applieable law aDd Unikn] Kithgdtsm Ateounting St&ndaTd$ (United Kingdom G￿e￿ally A•td ArrA)UnIll￿ Pr￿tIce). jn our opiniott the fllwicial statements.. give a tDJe and fair vi¢w of the stste of the cl￿1￿8 effaits 85 At 31 2021 and of its incorning r¢sourtts and &pplicaiion of resoutces for the period then etmled. hav¢ IK¢n prop¢rly prepared in Kcordartt with United Kingdom (lenerally Accepted Accouatin8 Prnctice: aod h4v¢ be￿ pwared io KCOrdu￿ with the rtquiremetits oftbe Charities Act 2011. Basls for oplttlo W¢ ¢ondu¢ted our audit in dcu)rd￿ with Jntrnwional Standar& on Auditing ￿K) (ISAS (UK)) and applicable law. OUT T¢5POD5ibilities under those stsndwds ¥re fvrther described in the AuditOT8 Tesponsibilities for the audit of the fiDancial #ateuwits sxtion of our rqjort. W¢ iDdep¢nd¢nt of th¢ charity in accordance with ib¢ ethical [eqUiren￿￿ts that relevani to out audit of the financial ststements in the UK including the FRC5 Ethical Standard. and we hav¢ fi￿fIlled our other ethical re5ponsibiliti¢S ID accoTdance with these requirements. We believc that the audit evidenr¢ w¢ hav¢ obtainrd is sufficient appropri4t¢ ¢0 provide a basis for our opinion. Com¢1￿110￿5 r¢latkng to going ¢OD¢efD In auditiDg tbe fman¢ial staternents. we have CO￿luded tha¢ th¢ tThslees' use of the going conC￿n basis of accounting im the preparation of the financial staiem¢nts is WTOPTiate. Based on the WQTk w¢ h3v¢ perfOrnI￿ w¢ knv¢ not id¢niifi¢d any rnalerial uncertainiies T¢laliDg t events OT conditions that. itslkyidually OT collectively. may cast Significant doubt on the charity's ability to continu¢ as a going concern for aperiod of at leas¢ twelve months from when the financial $lat¢men¢s are authorised for issue. Our responsibilities and the respoL%ibilitieS of the trus*¢5 with respect to goin8 concern ar¢ d&y¢rib¢d in ¢he relevaot sections of this reporL Other tttformotion The th￿tee$ aTe reS￿n&￿bI¢ for th¢ oth¢r infolmation. Th¢ ¢)th¢r infonnalion ￿mpriseS tbe infonrA8tion in¢luded in the annual teporL other than the fitwicial thtements and our Report of the Independent Auditors thereon. Our opinion on thc financial statem¢nts do¢$ Jwt cover the other infonnation cxrxpt to the extent otherwise explicitly stated in our repo￿ we do nol express 8ny fom of &8surance conclwion theTeon. In conneclion with our audit of the fiooncial sl2tementS. OUT r¢5pon5ibility is lo read the other infornution and. in doin8 so. consider whEther thc oiher infornwtion is materially inconsistent with ih¢ financial $iat¢Tn¢nts or OUT knowledge obtained ID the audit or othetwise appeaT5 to br rnateri¥lly misstat¢d. If w¢ identify such rnai¢rio1 in¢onsisiencies OT aPP￿t maietisi misststgtnents. we are Tequired to delermine whether there is a material misstatement in the fuMftcial slatements or a material mi551&tND¢nl vf th¢ other infom]ation. If, b3sed on the work we have perfornied, we ¢on¢lud¢ that there is a material misstatement of this other information. we are required to Teport that fa¢L We have nothing to report in tbis regard. Rivington Heritage Tn￿t Report of the Independent Auditors to the Trustees of Rivington Heritage Trust for tbe yur eThded 31 MArch 2021 Matters OD whl¢h we ire requirtd to rtp•rt by ¢xteptltsll We have nothing to report in r¢spe¢l of the following n)attm wh￿¢ the Charitics Act2011 requttts us to report to you i[ in our opinicin.. the information given in the Report of th¢ Thts*es is irtconsis*tit in any n)aknial re4i¢ct witb th¢ fiTIanck￿ slaternents; or sufficitht acc¢wilin8 ye￿rdS have Dtsl be￿ keptr. or the fittancial &￿ements not in agieetsi￿ with the ￿￿ntingT￿ord5 and retUTDS.' QT we have not Te£eiv￿ 4t1 the iDfornJation and expla￿7￿8 we Iwire for ouraudit. RupoTrslbilitits of trust AS ¢xplained rnoye fvlly in the Stst¢ment of Trustees Respon*￿illI14 the trustee5 are responsible for the prepar¥liott of the financial statements whi¢h 8ive a true and fair view. and forsu¢h inlernal control as the trnsttts detemline is necessary to enable thepreparation of ststern¢nts thatar¥ free from material misstaternBnt. whethEr due to fraud or error. ID prepating the financial SweMen￿ tbe In￿ ate re&ponsibk for 8ss¢ssing th¢ chJrity$ ability lo continue ￿ a going con¢¢rn. disG105ing. as applirable, matteTS r¢lat¢d io going concern and using the going concern basis of accounting unles$ the In￿erSt1the[ intend to liquidate the charity oz to rX￿ operations. or have no re￿1$E1C alternative but to do so Our re¥poDslblUd¢s Cor the iudlt of the st*terttents Our objectives to oblain re￿nable assurance about whetber the fthaneial sthtements as a whole ar¢ free from material misststemeni. whether due to or error. aod to issue a R¢port of th¢ Indgp¢ndent Auditorstbat ID¢ludcs ouropiniotL Reasooabl¢a55uranrx is a ￿.￿￿ l¢vel of 4ssuTance, but is not a guarattt¢¢ that an audit conduded in accordance with ISAS (UK) will always dete¢t a marerial misstatement when it exist5. Misstatements can Arise from fraud or error and are considered mat¢rial if. individually or in the •ggregat¢. they could rea50n8bly b¢ ¢ip¢*d to influ¢nc% th¢ ¢￿1￿Mie decisions of usets tskell OD th¢ basis of these financial statements. Jrregularities. in¢luding fraud are inst8Dces of Don-cOmplia￿e with laws and regulatlDn5. We design PTo¢ethires in line with our responsibiliti￿ ouiiined above. to detect material rnisstatements ID respect of ittegularilie5, tncluding fraud. The extent tu which our pro¢ekn are ￿Pable of d¢txting ifTe8ylarities. including fraud is detsiled below.. l - Ellquiry ofTnbSte¢5 around pot¢Thtial litigation and clJims' 2- we identified th¢ laws #nd re8ulatioD5 applicable to tbe charitsble company thmigh discwsion5 with the trustees, and from knowledge of otherclwities in the secloT.' 3- th¢ identified laws and regulatioos were communi¢abJ to the 8udit team ODd were congidered through oul our testing on the audi¢. - we reviewed the chariti¢s controls And pro￿￿T¢S with the Tn￿let$. they were Considered for m&teTial w¢akm¢s5es throu8h out th¢ Judit: - w¢ we$9ed th¢ ¢xl¢nt of complian¢¢ ivilb the laws and Tegu]ation5 identifi¢d aknye through rn2kiti8 nquiries of management. iDspectitt8 legal correspondence gnd Teviewing truste¢ rn¢¢tiDg minuies. A fvrther description of our re5ponsibiliti&% for the audit of the financial stat¢m¢nts is located orj the Fi￿ancIAl Reporting Council's website at www.frc.oTg.ukl8uditOTsf¢5ponsibilitie5. This des¢ription forms part of our Report ofthe Ind¢pendent Auditors. Rivington H¢ritage Trust Report of the Independent Audltors to the Trustees of Rivington Heritage Trust for ibe ye*r ended 31 MarJby￿1a￿d parties at JI Marth 2021 are sbowD in nol¢ 5. 10. Guarantors As ai 31 March 2021 the followiog membBrd of theTrust were gllaTrntOf5 of the company. each with a maxijllum liability or£i.00: ChoTl¢y BorouglL Couneil LancashiT¢ Cowity Council United Utilities WAtcr Limited 11. Funds Unrestricted Furtds These funds. in th¢ opinion of the Tn￿tt$. are free ts use itt acwrdance with the charity's objwts. T¢rrAce Gardens Rtnovatlon FuDd The clwity is ¢umtly undertaking renovalion wo￿of the terrace 8aTdens and 1$ iti receipt of Heritage Lottery fi￿ding and volunlary incorne from Unitrd ￿l11t1¢S ￿ third parties. At the y¢ar-end date a¥ th¢ r¢Dovation work5 ar¢ still in progress a fmal rKon¢iliation of mitched fiJttdin8 has not be¢n wried out bEtw¢en th¢ ¢harity and GToundworks. 17