REGISTERED COMPANY NUMBER: 03839870 (England and Wales) REGISTERED CHARITY NUMBER: 1082447 CHARITY COMMISSION REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FOR OUSE & ADUR RIVERS TRUST F1 CRT Limited Flat 24 Wellingtonia Court Laine Close Brighton East Sussex BNI 6TD
OUSE& ADUR RIVERS TRUST CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet Cash Flow Statement Notes to the Cash Flow Statement Notes to the Financial Statements Page 1 to 5 6 7 8 9 10 to 18
OUSE & ADUR RIVERS TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 Page 1
OUSE & ADUR RIVERS TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 OBJECTIVES AND ACTIVITIES Objectives and aims Objectives As set out in the Memorandum and Articles of Association, the aim of the Trust is the preservation and conservation, for the public benefit, of the Sussex Ouse and Adur Rivers and their tributaries, including the flora and fauna of the rivers and surrounding areas. In addition, the Trust works for the advancement of the education of the public in these matters. The Trust achieves its aims through the sourcing of funding from a variety of sources. Activities Over the past 12-months OART has continued to grow and hence increase its impact, adding a seventh member of staff to the team, enabling us to develop and delivery projects which provide tangible improvements and benefits to the strategic approach to our work over the next five years, beginning to move the organisation from a "project" to a In project delivery, the Adur Adaptation Project delivery programme got underway and focused on establishing flow monitoring across the River Adur, enabling us to understand catchment hydrology and target our work to the most relevant locations. Alongside this monitoring, the project created a new wetland area at Partridge Green, installed 80+ leaky dams around Burgess Hill, and created new cross slope hedgerows, all with the aim of slowing and storing water in the landscape to provide balance between periods of flooding and drought. The success of the Adur Adaptation project led to the creation of the Uck Adaptation project which was awarded funding to commence in 2025-26. We're delighted to have started a partnership with Ancient + Brave through our membership of 1% for the Planet. Based in Uckfield, Ancient + Brave is one of the highest ranking "B" Corps in the world and are supporting our work across the catchment, specifically our Citizen Science training and works on the River Uck. This sees OART diversify its sources of funding and opens avenues for corporate sponsorship which have previously been difficult to achieve. The Ouse INNS project suffered from a significant reduction in government funding and we're disappointed that this critical element of river health and biodiversity improvement remains complex to fund. However, alternative funding from the South Downs National Park, Lewes District Council and Southern Water enabled us to maintain control measures at existing sites whilst trialling new methods for the eradication of Japanese Knotweed across the catchment. Lewes District Council remain a critical partner to OART and, following the success of the Cockshut project, we have begun work on another site near Lewes to restore the wetland environment and SSSI features at Offham Marshes and Landport Brooks. This is alongside our continued delivery of the Ouse Valley NFM project which this year saw the creation of extensive wetland environments across the Bevern and Longford Stream sub-catchments. The Cockshut project (completed in October 2023) continued to be an important part of our work as we continue to monitor the establishment of the habitats on the site and we were delighted to win two awards in the South Downs Design Awards, taking home the Landscape Design and People's Choice awards. We have continued to develop our chalk stream works, delivering improvements on both the Lewes Winterbourne and Teville Stream, installing habitat, removing non-native species and working with landowners to reduce run off and erosion across these important ecosystems. ART continues to host the Adur & Ouse Catchment Partnership and are delighted to have employed a Catchme anite te or ipe the descesent of this group and create a pipeline of long-term projects which will requi e have a busy year ahead and as changes to the local political landscape begin to develop, it is important that v ontinue to seek a diverse range of funding to minimise risk and to ensure we can continue to develop and grow into ti hear, Wies invo tur kure!cle, experience and reputation place us in a strong position to lead and inspire action for Page 2
OUSE & ADUR RIVERS TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 OBJECTIVES AND ACTIVITIES Public benefit The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in the planning of future activities. FINANCIAL REVIEW Financial position The incoming resources for the year ended 31 March 2025 were £433,921 (2024: £277,196). Resources expended were £429,721 (2024: £260,554) resulting in a net surplus of £4,200 (2024: £16,642). Reserves policy The Statement of Financial Activities shows a net increase in total funds for the year ended 31 March 2025 of £4,200 (2024 - £16,642). Unrestricted reserves to be carried forward amount to £261,772. These were held for the purpose of supporting the objectives of the Trust. Taking account of anticipated incoming resources, the Trustees consider the financial position of the Society to be satisfactory. Our policy is to have 6 months running costs. FUTURE PLANS As we look to the future, we will continue to develop our approaches to creating a clean and healthy catchment which is resilient to climate change. Boosting the outputs of the Adaptation Projects on the Adur & Uck along with forming additional partnerships and collaborations to fund these projects is a priority. Our Citizen Science work is being reviewed with the aim of a large funding application being submitted to formalize our approaches and provide robust data which helps not only OART, but all those we work with, to focus projects where they are most needed. This also provides an opportunity to overhaul our water quality testing, establishing new methods and approaches which are focused on emerging issues such as forever chemicals. Of course our work to improve rivers, build and enhance progress over the coming year. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document Ouse & Adur Rivers Trust was incorporated on 10 September 1999 (registered company number 03839870). It received charitable status on 16 September 2000 (registered charity number 1082447). Charity constitution The Charity is a Company Limited by Guarantee and is governed by its Memorandum and Articles of Association dated 10 September 1999 as updated 21 June 2000, 8 March 2011 and 13 April 2016. The company was originally incorporated as Sussex Ouse Conservation Society and changed its name on 4 October Each Trustee has guaranteed to subscribe £1D in the event of the Trust becoming insolvent. Recruitment and appointment of new trustees Trustees are members of OART recommended by the Board of Trustees and ratified by a membership vote at the AGM. uccessful applicants are introduced to the policies of the Charity and procedures, the rules and responsibilities of bein Trustee and guidance from the Charity Commission and Companies Hous hen preparing to recruit new Trustees, OART will seek to increase the diversity of its Trustee Board in order crease accountability and public confidence in accordance with the Equality Act 201 The Trustees (Directors for Companies Act purposes) are listed in this report. The subscribers to the Memorandum are the first Trustees of the Charity. The number of Trustees shall not be less than 3 but shall not be subject to any maximum. Page 3
OUSE & ADUR RIVERS TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 3839870 (England and Wales) Registered Charity number 1082447 Registered office The Old Saw Shed Greatham Lane Parham Pulborough West Sussex RH20 4RP Trustees RAkers DR Brown Dr J Ebdon PS Evans Dr JE St.Pierre SM Turner R Yuill Mrs RA Wallis Company Secretary RAkers Independent Examiner Christopher Robert Tyler FCA DChA FCIE F1 CRT Limited Flat 24 Wellingtonia Court Laine Close Brighton East Sussex BN1 6TD Bankers National Westminster Bank PLO 11 High Street Lewes East Sussex BN7 2LH Barclays Bank PLC The Old Bank 1 High Street Lewes BN7 2JP STATEMENT OF TRUSTEES' RESPONSIBILITIES The trustees (who are also the directors of Ouse & Adur Rivers Trust for the purposes of company law) are responsible For preparing the Report of the Trustees and the financial statements in accordance with applicable law and Unite Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) - Page 4
OUSE & ADUR RIVERS TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued statements, the trustees are required to - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charity SORP; - make judgements and estimates that are reasonable and prudent; company will continue in business. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the board of trustees on ..... 13.8.25 .. and signed on its behalf by: PS Evans - Trusted Page 5
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF OUSE & ADUR RIVERS TRUST Independent examiner's report to the trustees of Ouse & Adur Rivers Trust ('the Company') I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025. Responsibilities and basis of report As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible fo he preparation of the accounts in accordance with the requirements of the Companies Act 2006 (the 2006 Act) Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. Independent examiner's statement Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. 2. 3. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or the accounts do not accord with those records, or the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act otber than any requirement that the accounts give a true and fair view which is not a matter considered as part of an 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of T have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Christopher Robert Tyler FCA DChA FCIE FI CRT Limited Flat 24 Wellingtonia Court Laine Close Brighton East Sussex BN1 6TD Date: 194 Augn 3075. Page 6
OUSE & ADUR RIVERS TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 INCOME AND ENDOWMENTS FROM Donations and legacies Charitable activities Preservation and conservation Other trading activities Investment income Total EXPENDITURE ON Charitable activities Preservation and conservation Support costs Total NET INCOME/(EXPENDITURE) Transfers between funds Net movement in funds RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD Notes 2 5 Unrestricted fund 396,586 - 1,136 397,722 Restricted funds 1,199 35,000 = 36,199 16 400,825 1,260 102,085 (4,363) (4,000) (8,363) 270,135 261,772 27,636 27,636 8,563 4,000 12,563 14,516 27,079 The notes form part of these financial statements Page 7 2025 Total funds 397,785 35,000 1,136 433,921 428,4617 _ 1,260 429,721 4,200 4,200 284,651 288,851 2024 Total funds 235,528 39,524 1,200 944 277,196 259,234 1,320 260,554 16,642 16,642 268,009 284,651
OUSE & ADUR RIVERS TRUST BALANCE SHEET 31 MARCH 2025 Unrestricted fund Restricted funds 2025 Total funds 2024 Total funds Notes FIXED ASSETS Tangible assets CURRENT ASSETS Debtors Cash at bank 1,731 - 1,731 984 14 44,374 225,607 269,981 27,078 27,078 44,374 252,685 297,059 26,699 264,491 291,190 CREDITORS Amounts falling due within one year 15 (9,939) - (9,939) (7,523) NET CURRENT ASSETS 260,042 _27,078 287,120 283,667 TOTAL ASSETS LESS CURRENT LIABILITIES 261,773 27,078 288,851 284,651 NET ASSETS FUNDS Unrestricted funds Restricted funds TOTAL FUNDS 261,773 27,078 288,851 284,651 16 261,773 27,078 288,851 270,135 14,516 284,651 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025. The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the (b) These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. statements were approved by the Boar of Trustees authorised 17.9:75 and were signed on its behalf by: The notes form part of these financial statements Page 8
OUSE & ADUR RIVERS TRUST CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2025 Cash flows from operating activities Cash generated from operations Net cash used in operating activities Cash flows from investing activities Purchase of tangible fixed assets Interest received Net cash used in investing activities Notes 1 2025 £ (11,752) (11,752) (1,190) 1,136 _ (54) Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of he reporting perior (11,806) 264,491 252,685 The notes form part of these financial statements Page 9 2024 € (13,992) (13,992) (1,209) 944 (265) (14,257) 278,748 264,491
OUSE & ADUR RIVERS TRUST NOTES THE CASH OSTH MENT 1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 2025. Net income for the reporting period (as per the Statement of Financial Adjustments for: Depreciation charges Interest received increase)/decrease in debtor crease/(decrease) in creditor Net cash used in operations 4,200 443 (1,136) (17,675) 2,416 (11,752) 2. ANALYSIS OF CHANGES IN NET FUNDS Net cash Cash at bank Total At 14.24 264,491 264,491 261.191 Cash flow (11,806) (11,806) (11,806) The notes form part of these financial statements Page 10 2024 € 16,642 474 (944) 2,769 (32,933) (13,992) At 31.3.25 252,685 252,685 252,685
OUSE & ADUR RIVERS TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 1. ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charitable company, which is a public benefit entity under FRS102, have been prepared in accordance with the Charities SORP (FRS102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts with the Financial Reporting Standard applicable in the UK. and Republic of Ireland (FRS102) (effective 1 January 2019)', Financial Reporting Standard FRS102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. The accounts are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The trustees/directors consider that there are no material uncertainties about the company's ability to continue as a going concern. Income Grants Grants are recognised on an accruals basis, accounted for in relation to the period that they relate. Where grants have been received for capital items the total grant has been disclosed in the SOFA and depreciation, in accordance with the accounting policies, has been charged against that income over the estimated useful economic life of the asset. Where grants are received during the year under review but relate to a later period the amount is deferred under Grants in Advance to the Balance Sheet. Other Income All other incoming resources are included in the Statement of Financial Activities when the charity is legally entitled to the income and the amount is deferred under Grants in Advance in the Balance Sheet. Expenditure All expenditure is accounted for on an accruals basis (including irrecoverable VAT) and has been classified under the relevant headings. (1). Costs of generating funds are those costs incurred in attracting grants, voluntary income and fees. (2). Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. (3) Support costs include those incurred in the governance of the charity and its assets and are primarily associated with constitutional and statutory requirements. Tangible fixed assets and depreciation Tangible fixed assets are stated at cost less depreciation. Depreciation is provided in order to write off each asset over its estimated useful life. Office equipment: 33% on the reducing balance Field equipment and tools: 33% on the reducing balance Assets costing more than £1,000 are capitalised. The aharity is considered to pass the rests set out in Paragrapin 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly the charity is potentialiy exempt from taxation in respect of income and gains received within categories covered by Chapter 3 Part 11 Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the . Page 11 continued...
OUSE& ADUR RIVERS TRUST OTES TO THE FINANCIAL STATEMENTS - continue OR THE YEAR ENDED 31 MARCH 20 1. ACCOUNTING POLICTES - continued Fund accounting trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Leased assets Rentals paid under operating leases are charged to income as incurrec 2. DONATIONS AND LEGACIES Donations and membership subscriptions Grants 2025 27,582 370,203 397,785 2024 7,452 228,076 235,528 Grants received, included in the above, are as follows: 2025 149,200 Arun and Rother Rivers Trust Enviroment Agency Ernest Kleinwort Eton College Garfield Weston Foundation Knepp Wildlife Foundation Lewes District Council National Heritage - Lottery Fund South Downs National Park Southern Water Stephen Martins Sussex Wildlife Trust West Country Rivers Limited 91,816 35,882 5,000 20,370 31,045 370,203 2024 5,552 80,979 6,000 5,702 50,000 13,727 46,850 6,266 10,000 3,000 : 228,076 3. OTHER TRADING ACTIVITIES Other trading activities 2025 2024 1,200 Page 12 continued...
OUSE & ADUR RIVERS TRUST NOTES TO THE FINANCIAL STATEMENTS - continued. FOR THE YEAR ENDED 31 MARCH 2025 4. INVESTMENT INCOME 5. Deposit account interest INCOME FROM CHARITABLE ACTIVITIES Grants Activity Preservation and conservation Grants received, included in the above, are as follows: Enviroment Agency National Heritage - Lottery Fund Rivers Trust South Downs National Park 6. CHARITABLE ACTIVITIES COSTS Preservation and conservation Support costs 7. DIRECT COSTS OF CHARITABLE ACTIVITIES Staff costs Fieldwork Consultancy Other Administration Depreciation Page 13 Direct Costs (see note 7) € 428,461 428,461 2025 1,136 2024 944 2025 35,000 2024 39,524 2025 15,000 20,000 35,000 2024 15,000 22,036 2,488 39,524 Support costs (see note 8) _ 1,260 1,260 Totals 428,461 1,260 429,721 2025 224,502 72,452 78,719 23,331 29,014 443 428,461 2024 166,570 33,736 25,462 9,067 23,925 474 259,234 continued...
OUSE & ADUR RIVERS TRUST NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 8. SUPPORT COSTS Support costs Support costs, included in the above, are as follows: Management 1,260 2025 Support costs 1,260 2024 Total activities 1,320 9. Independent examination NET INCOME/(EXPENDITURE Net income/(expenditure) is stated after charging/(crediting): 2025 _443 2024 474 Depreciation - owned assets 10. TRUSTEES' REMUNERATION AND BENEFITS There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. Trustees' expenses As at 31 March 2025 the following amounts were owed to the charity by the trustees: S Turner €18 (Repaid 9 April 2025). 11. STAFF COSTS Staff costs during the year were as follows: Wages and salaries Social security costs Pension costs 2025 200,512 20,442 8,192 229,146 5 2024 151,006 14,616 5,947 171.569 Average number of employees The charity considers its key management personnel to be trustees who received nil remuneration. No employee received emoluments in excess of £60,000 (2024: none). Page 14 continued...
OUSE & ADUR RIVERS TRUST 12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES (2024) Unrestricted Restricted - 39,524 INCOME AND ENDOWMENTS FROM Donations and legacies haritable activitie reservation and conservatio Travestmen gaivies Total EXPENDITURE ON Charitable activities reservation and conservation Support costs Total NET INCOME Transfers between funds Net movement in funds RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 13. TANGIBLE FIXED ASSETS 235,527 - 1,200 ...945 237,672 39,524 Total funds 235,527 39,524 1,200 945 277,196 225,906 1,320 227,226 10,446 _ 30,734 41,180 228,954 270,134 33,328 .. 33,328 6,196 (30,734) (24,538) 39,055 14,517 COST At 1 April 2024 Additions At 31 March 2025 DEPRECIATION At 1 April 2024 Charge for year At 31 March 2025 NET BOOK VALUE At 31 March 2025 At 31 March 2024 259,234 1,320 260,554 16,642 16,642 268,009 284,651 Office and field equipment 24,889 1,190 26,079 23,905 443 24,348 1,731 - 984 Page 15 continued...
OUSE & ADUR RIVERS TRUST TOTES TO THE FINANCIAL STATEMENTS - continued OR THE YEAR ENDED 31 MARCH 202 14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors Other debtors Prepayments 15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Social security and other taxes Other creditors 16. MOVEMENT IN FUNDS Unrestricted funds General fund. Restricted funds Adur & Ouse Catchment Partnership (AOCP) Heritage Lottery Fund (HLF) TOTAL FUNDS A 14.24 270,135 13,055 1,461 14,516 284,651 Net movement in funds, included in the above are as follows: Net movement in funds (4,362) 11,586 _(3.024) 8,562 4,200 Unrestricted funds General fund Restricted funds Adur & Ouse Catchment Partnership (AOCP) Heritage Lottery Fund (HLF) TOTAL FUNDS Incoming resources € 397,722 34,999 1,200 36,199 433.921 Page 16 2025 43,530 28 816 14,374 2025 272 5,324 4,343 2,932 Transfers between funds (4,000) 1,000 4,000 Resources expended (402,084) (23,413) (4,224) (27,637) (429,721) 2024 € 26,679 20 26,692 2024 413 3,684 3,426 7,523 At 31.3.25 261,773 24,641 2,437 27,078 288,851 Movement in funds (4,362) 11,586 (3,024) 8,562 4,200 continued...
"OUSE & ADUR RIVERS TRUST NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 16. MOVEMENT IN FUNDS - continued Comparatives for movement in funds Unrestricted fands General fund estricted fund Idur & Ouse Catchment Partnership (AOCP) Teritage Lottery Fund CHLF Vater Enviroment Grant (WEG Adur Community Wetlands (Heritage Lottery Fund) (ACW(HLF)) TOTAL FUNDS At 1.4.23 228,954 6,191 4,609 (242) 28,497 39,055 268,002 Comparative net movement in funds, included in the above are as follows: Net movement in funds 10,447 Transfers between funds € 30,734 At 31.3.24 270,135 Unrestricted funds General fund Restricted funds Adur & Ouse Catchment Partnership (AOCP) ritage Lottery Fund (HL lur Community Wetlands (Heritag Lottery Fund) (ACW(HLF)) 11,968 (3,149) (2,624) 6,195 16,642 Incoming resources 237,672 17,488 22,036 39,524 277,196 (5,104) 242 125,873) (30,734) 13,055 1,161 ..: 14,516 284,651 Resources expended (227,225) (5,520) (3,149) (24,660> (33,329) (260,554) Movement in funds 10,447 11,968 (3,149) (2,624) 6,195 16,642 TOTAL FUNDS The purpose of each restricted funding was: Adur & Ouse Catchment Partnership (AOCP) - Partnership consisting of NGOs, government agencie ter companies and academic institutions to undertake activities and deliver small projec 2. Heritage Lottery Fund (HLF) - Project specifically focusing on the restoration of the Broadwater Brook. Water Environment Grant (WEG) - Project funding provided by Rural Payments Agency as part of th uropean Funding for improving the water environment. This project is specifically focused on water equali and fish passage improvements in the Ardingly to Slaugham and Shell Brook Catchments of the River Ouse. 4. Adur Community Wetlands (ACW (HLF)) - Development phase funding from the Heritage Lottery Fund to develop plans for a 70 acre wetland and climate based community hub on the edge of Shoreham-by-Sea. The grant is to develop the capital works and community activities prior to a c.f2m delivery phase application being submitted in November 2024. Page 17 continued...
OUSE & ADUR RIVERS TRUST NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 17. RELATED PARTY DISCLOSURES NTD Internet Solutions Ltd provided website services to the charity of £540 (2024 £540). Simon Turner is a director and shareholder of NTD Internet Solutions Ltd and a trustee of the Ouse & Adur Rivers Trust. 18. STATUTORY INFORMATION Ouse & Adur Rivers Trust is a charitable company, limited by guarantee, registered in England and Wales and has no share capital. No one member has overall control of the charity. In the event of the company being dissolved each member is liable up to a maximum of t10 towards the cost of dissolution and liabilities incurred by the company while he/she was a member, or within 12 months after he/she ceases to be a member. The company's registered number and registered office address can be found in the Legal and Administrative Information section of the accounts. Page 18