TYNE RIVERS TRU￿ (a company limlted by guarantee) Registered number- 05086888 Chartty number.. ILO7358 TYNE RIVERS TRUST (A company IlmSted by guarantee) UNAUDrrED TRUSTEES, REPORT AND FINANCIAL STATEMENTS for the year ended 31 October 2021 I Ipage *A6991ffjJ7* 2910712022 COMPANIES HOUSE A12 #153 TYNE RLVERS TRusf (a company limited by guarantee) CONTENTS Page Chaimian's Introduction Reference and adrninistrative details of the charity. its trustees and advisers Trustees. repjrt 5-11 Independent examlnerfs report 12 Consolidated statement of finanoal activities 13 Consolidated balance sheet 14-15 Charitable company balance sheet 16 Notes to the financial statements 17-28 21 Page TYIIE RIVERS TRusf {a company lifflited by guarnntee) CHAIRMAN'S INThODucfioN It has been a busy year wth many challenges but l am ddighted to say that our Board. Staff and Volunteer5 have worked throughout, wÈthin the confines of the Covid19 re#rittions. I thank them all for th￿r hard work under very difficult orojmstance. This has enabled Tyne [￿"VerS Trust (TRT) to come through the year with healthy finances and a wealth of t1iverse, funded pro)erts which allowed us to fulfil the charitable objecbves and (kliver our misslon and vi&"on. As a Board we reftected on our Memorandum & Artides of Assocration to ensure it was current and we are grateful to Andrew Davisori. OBE for [￿V¢¢JIng legal advlce. We reviewed the Objects for whlrh TRT was &stabli5hed and which, in brief are to conserve and improve.the rivers. of the Tyne catchment Includlng Its estuary and to advance the education of the public. or any company. or public bo(ty In the understanding of river catchment management and environment. l am pleased to say these objects arE as true t￿laY as they were originally Writt￿ in 2004. We a150 reviewed wr governance procedures arK1 devdoped a Tru*ees Informath)n pKkage for both new and exlstlng trustees. Our Human Resource Committee Is responsible for Safeguardlng arid Health and Safety Issues. Clearly ensuring staff and volunteers remain safe is vital given that a bot of our V+Y)rk is practrcal and entails worktng Wtside. From the financial standpoint the Finance and Risk Commlttee meet fflonth￿ to assess the financial situation. In addition we review the wider risks to TRT a5 a charlty annuallyi but irs additjon when every WDjert is proposed, it is rL8k assessed to ensure it is financially vtable and dellverable by our team. The Tnjstees have a divetse range of expertise and interests - from famiing, land management, finance, fishing. fllm making and more besldes. Thls ensures our deosions at the blmonthly ￿ard meetings are based on eX￿rience. taken carefully. and mindful of the need to be true to our objetts. We vfve sorry to lose Stevw aapperton as a Trustee due to his move to Port of London Authorlty. He was Instrumental in supwjrting the tearn to adjust to Covid19 regulations and remains In touch. We are also grateful to him for recommending James Wright. Environment Manager for the Port of Tyne who joined us on 16th September 2021. James. attention to detail on health safety matters as well as his expertise in sustainable business practice is already paying off. TRT is increasingly being asked to undertake larger pyojttts the number of projects is also Inc￿a51n9. We believe this trwjd will contr'nlie as environmental is9Jes become more and mo Important. The 8oard has therefo￿ decided to invest in additlonal staff. Desphte the difficult climate. recnjitment has proved highly s¥Jccessful with staff already in p)st. We antlcipate we wfill need to Increase the staff still fiJrther in the o)ming year. We a￿ excited ty our prograrrime of future work - delivering climate resllien￿, catthment improvement and Op￿rtUnitieS for hdi#ic wellbeing through the e¥er-growfftg and thver5ifylng activity of the Tyne Rivers TnJ#. Prof. Richard Kirk Chaiman of the P*)ard Tntstees 28 July 2022 31Page TYNE RIVERS TRU￿ (a company limited by guarantee) REFERENCE AND ADMINisfRATIVE DETAILS OF THE CHARrrY. ITS TRUSTEES AND ADVISERS ft•r the year ended 31 Ortober 2021 Company reglstrati•)n number 5086888 Charity reglstratlon number 1107358 Registered office Unit 8, Shawwell Business Centre. Stagshaw Road. Corbridge. Northumberland NE45 SPE Trustees -. Richard Kirk Ichairnian) David Bradshaw Steven Clapperton {Resigned 15 July 202I) Stephen Hunneysett Christopher ￿'ddle Hugo Remnant Thomas Richardson Kate Sirnp50n Edward Twiddv James Wright (Appointed 16 Sertember 2021) Trust Chief Executlve Offlcer Dr Ceri Gibson Accountants NE Accountancy Services Ltd. 27 Park Avenue. Roker. Sunderlènd. Tyne & Wear SR6 9NJ Bankers Barday5 Bank PLC. Priestpopple, Hexham. Northumberland. NE46 IPE 41 Page TYNE REVERS TRUST (a company Ilmlted by guarantee) TRUSTEES. REPORT for the year ended 31 October 2021 The Trustees (who are also director5 of the Charity for the purw5es of the Companies Act) suimnit their annual report and the financial statements of Tyne Rivers Tnjst (the tharitable company) for the year ended 31 Qctober 2020. The TTUStees confim) that the annual report and financial statements of the tharitable cornpany comply with current statutory requirements, the requirements of the charitable company's goveming dooJment and thÈ provisions of the Charities Statement of Recommended Prartice (FRS102). STRucfuRE. GOVERNANCE AND MANAGEMENT Constltutson The Trust is registered as a company lirnited by guarantee in England and Wales under number 5086888 and the charitable company is constituted under a Memorandum of Association dated 29, March 2004. It is a150 registered as a charity with number 1107358. The Members of the charitable company guarantee to contribute an amount not exceeding £1 to the assets of the Trust in the event of winding up. Method of appolntmant or electlon of Trustees The management of the charitable company 15 the resronsibility of the Trustee5 who are appointed under the temis of the Memorandum and Articles of Assooation. TnJstees are recruite(I by recommendation or advertisement. TnJstees are interviewed and invited to meet with staff and to attend a board meeting before mutual agreement to appoint. Induction and training are vndertsken by existing trustees. senior staff and facilitated through resources such as National Council for Voluntary Organisations. NCVO. Trustees serye for 4 years, renewable twice up to a total of 12 years. The Chair is eletted from the Twstees and serves for 3 years. extendable once. Retired Chair5 can continue to serve as a trustee to a total of 12 years on the board. Organi5ational strurture and decision-making Trustees meet fornally at least quartèrly and liaisÈ constantfy between meetings amongst themselves and with the Trust's staff, especially with the Chief Executive Officer to whorn operational management of the trust is dele9ated. Tndivldual Tnjstees are also elected as committee members with agreed term5 of reference for the Finance and Risk Committee, FARC and the Human Resource Committee, HRC. The FARC reviews the major risks to which the Twst is exposed. Risk is assessed on an overall basi5 as well as a project-by project basis. The Trust maintaln5 appropriate insurance cover including employers. liability, pU￿1C Siatslity and professional indemnity (covering Trustees). The HRC agrees the pay and ￿Munera￿"0rt for all staff annually in line with similar posts and following performance reviews. A Trustee 15 appointed as the Safeguarding representative who works with the Designated Safeguarding Officer. s￿cIfiC task forces comprising trustee and staff rep￿SentatIon are set up to work through time-sensitive priorities suth as seeking patrons. marketing and fundraising. During the financial year ending 2021 the Twst employed the following members of staff- Dr Ceri Gibson BSC, Mchem {Trust ￿0} Dr Jack Bloomer Bsc, MSC (Oeputy CEO) Kim Storey FCCA (Finance Manager, part-time) Ellzabeth Walters MSC. Bsc (Projert Manager, part-time) Klrsty M¢Naught BA (Communications Officer. part-time) Aldan Pollard (Fisheries Manager, part-time) Jenny Elllot Bsc {Volunteer Co-ortlirtator) Simone Price 8A (My Tyne Project Officer) Danielle Anderson-walker Nat Dip Agr {Fam75 Liaison Officer) SIPage TYNE RIVERS TRUSf (a company limited by guarantee) TRUSTEES. REPORT (continued) for the year ended 31 October 2021 Wlder network Tyne Rivers Trust is affiliated to an umbrella organisation. The Rivers Trwst. which acts as a polnt of liaison ￿tween over 60 Rivers Trusts, sharing infomiation and best prartice. Tyne Rivers Trust 15 a member of the Rivers Trust and the River Re5torab'on Centre. Tyne Rivers Trust hosts the Tyne Catchment Partnership, co-ordinates with River5 Tnjsts across the Northumbrian ￿Ver Basin and represents the North E45t ￿"verS Trusts on Water Resources North, WReN. Related parties Tyne Rivers Trust had two wholly owned trdding subsidiaries, River Catchment Services ￿"MIted and Tyne Rivers Trust {Projects) Limited. Tyne River5 Trust {ProieLts) Limited had been dormant for many months and was dissolved on 17 August 2021. The financiJ results of the remaining subsidiary is consolidated into these financial statements. OBJECTIVES AND AcmirriES Our Vlslon That the rivers, bum5 and Iough5 of our Tyne catthment encourage a biodiverse environment for people and wildlife to thrive, now and for all time. Our Mlsslon From Alston and Kielder to Tynemouth, to improve the wellbeing of our rivers and peoF4e through education, tackling pollution and prartical conservation. We will achieve this by wot*lng with local communities and applying our scientific knowledge and environmental skills. Our Charrtable Objectives The aims of the Trust a￿ as set out in the Memorandum and Artides of Assoaation. namely to: A. conserve. protert. ￿haI￿.11tate and improve the rivers. strearns, watercourse5 and water impoundments of the River Tyne Catchm￿lt induding its estuary and adjacent coastal area B. advance the education of the PU￿1C. or any a5500ation, company. Focal authority, administrative or government agency or public body, or representative body In.. il the undefStandin9 of river5. river corridors and catthments. including their fauna, flora and economic social activity and river catchment management ill the need for and benefits of conservation, protertion, rehabilitation and improvement of aquatic environments Our Strateglc ObJectlves As a result of our work the Tyne and its tributarles will be: heathger. rnore biodiver5e. and better proterted against fvture threats better Underst￿￿. appreciated and valued 9) that people and communltles thoose to k)ok after them proterted by people and tt*mmunities who are resourced ènd enabled to care for them looked after by volunteer5 who actively monitor and carry out work to protect and enhance them 61 Page TYNE RIVERS TRUST (a company limited by guatantet) TRUSTEES. REPORT (continued) for the year ended 31 October 2021 Our cortext and purpose The River Tyne and its Catchment is more than the sum of its Parts, it is a living breathing organlsm, which includes all of us. The Tyne is an iconic symbol for the North East of England, celebrated in music, recognised for industry, commerce and tourism. It is also home to many scientifically important spÈcies and sites such as the freshwater pearl mussel and Calaminarian grassland. The Tyne rivers have been impatted by early mineral extraction and the Industrial Revolution. Historically, the availability of coal within reath of the navigable river, provided the maln basis for both trade and industry. The pressure from industry continues (although no longer coal-based) and now this is augmented by a burgeoning population. We expect water to be delivered to our tapsi waste to be conveyed away and industrial products to improve our everyday life. All have an impart on the catchment and its biodiversity. We also exFecf to be protected frorn floods, but increasing demands on the tloodplain for industry. commerce and domestic use compromise traditional approaches of allowing space for water and pernieable surfaces to absorb heavy rainfall. Tyne Rivers Trust remains in a unique position of working impartially alongside private and public groups as well as statutory govemment bodies, to deliver focusecl evidente-based £onservation. habitat improvement and education programmes. The TDJSt endeavours to maintain sufficient core funds to be able to reatt and focus its efforts where they are most needed. We continue to add￿5 the dimate emergency through the project5 we priorit15e and the working relationshlps we forge. Dellvery In setting objertlves and planning for activities, the Trustees have given due consideratlon to general gvidance relab'ng to public benefit wblished by the Charities Commission. To deliver its objertives and achieve our ambitions Tyne Rivers Trust fosters a culture that attracts retains exceptional staff and dedicated volunteers. The blend of skills and experience reflerts essents.al interconnectivities of the work we do. The Trust is committed to ¢areer development. accredited training and maintaining professionaj memberships / qualifications. We acknowledge the lack of ￿￿er diversity within in the team and are worf(ing to readdress thi5. Volunteers The Trust relies on volunteers across the range of attivities from trustee5 to monitoring including Riverfly and Adopt ? Stream, to practical tasks suth as wetland creation, tree plantingt riverbank stabilisation using green engineerhng as well a5 land Surveying and technical expertise. These volunteers comprise a vital component of our tangible outputs. Beyond the camaraderit, the monetary tn-kind contribution ranges from E50 to £900 per day. During this financial year the volunteers collectively contributed 2,762 hours of task. monitoring river quality and their own expertise. Whilst the monetary value was calculated at £44,365 their value to OLJr charity and delivering its objectives is far more than this. Public Benefit Tyne Rivers Trust provides a range of benefits to its community, commonly referred to as'Ecosystem Services,. these include improvements to water quality. improvements to recreational areas, reduction in flood risk and increase in biodiversity. Thmugh our education and volunteering programmes we also provide sooal benefits. 71Page TYNE RIVERS TRusf (a company limited by guarantee) TRUSTEES. REPORT (continued> for the year ended 31 October 2021 Key Achievements - Delivering our Mission Dlffuse Metal Pollution This year we have continue to monitor erosion and impart of interventions installed to stabilise metal mine waste. This provides valuable leaming for fvtU￿ rernediation works. We have also carried out footpath repairs around some of the sites to maintain safe access through this historically rich part of the catchrnent. We are ojrrently working with the Coal Authority to plan delivery on reducing further wllution forrn diffvse metal mine sources for the next three years. 16 landowners remain engaged in this work across the South Tyne catchment. Workin with farmers We have continued to run 3 diffe￿nt fanner facilitation groups this year, one in the uplands, one in the lowlands and a new group dedicated to challen9es of farmin9 Wlthin urban constraints. We delivered 4 workshops dirertly covering topics of conservation, water quality and soil health and connerted the farmers in our catchment to wider national webinars with expert presentations and discussions on Similar topics. Additionally. we have visited 10 famis and produced ideali5ed recommendations for environmental improvements. e- Education Tyne River5 Trust has rnade the commitment to signhfhcantly increase our schoo15' engagement, through seeking dedicated funds and developlng interactive educational tools, including Vlrtual 5e55ions as we continue to work wth schools who have the ongoing challenge of operating with staff antl chIld￿n offected by Covi¢J-19. We have also designed a modular programme that schools can pick from to better fit with their aspirations and curriojlar requirements. Tyne Rivers Trust delivered 43 schools sesson5 engaging 1800 children at 19 different schoo15 in urban and rural areas of the catchment. These sessions covered topics such as lifecycles and food thains for aquatic species, the impact of climate change and plastics in our catchments, and how to enjoy our rivers safely. We ddivered practs.cal 5e55ions on natural flood management, '5almon in the Classroom, and invertebrate samplin9 to assess river health based on the national established Riverfly programrne. onstrvation Natural Flood Man ement 20 interventions to slow the flow of vdater and push water out onto the flood plain during high and prolonged rainfall have been installed at one of 18 51te5 identified last year. This first suite of work has allowed inforrned communicatiffi with landowners and l¢xal community as to what natural flood managernent 5tructure5 look like. how they work and why it's better for the designs to be'messy'_ to break up flow and create better habitat.-Desigrts have been agreed for a further 4 site5 based on this initial work. Flow modelling has been completed to indicate the cost benefit of the programme and the work is being used as an exemplar for training within Environment Agency and Construrtion DeS￿n Management professionals. I Page TYME RIVERS TRusf (a company Ilmlted by 9uarantee) TRUSTEES. REPORT (continued) for the year ended 31 October 2021 Fish Passa 6 barriers to fish passage were removed and one fish pass constructed, in total this has opened up 24.5krn of potential spawning gravel and improved acce55 for all fish. 20 sites have been monitored using electro-fishing as part of our rolling survey of the Tyne Fishery. This work has already confirmed that 3 fish passes and a dam removal have been effective. The Environment Agency maintain a fish pass and fish counter adjacent to the weir acros5 the River Tyne at Ridlng Mill. Recendy the structure of the wwr acros5 the full width of the river has required detailed obseNation and monitoring for water flow and fish passage. We have used volunteer visual checks ond the installation of a camera to aid assessment of impact to fish migration. So far 20 hours of observati¢y) anL1 70 hour5 of filming have been comrAeted nd the data is being collated. Habitat Im Through OLbr volunteer program we have undertaken 67 tasks improving 8km of river bank. managing 16,824m inVa￿ve non-native species, restoring 545m of wetland hai¥"tat and collecting 186 bags of rubbish. Other tssks have induded planttng 2000 tree5. removing tree guards from previously planted trees and thinning trees to allow diverse woodland habitat to develop. ol chm tp nershi The Trust champions the value of a Catchment 8ased Approach and has h05ted a successful Tyne Catchment Partnership since 2013 which ￿g￿ladY brings over 30 representats.ves together from Local and Statutory Agencies. Lan(J Managers. the w&er company, environmental NGO'S and relevant local stakeholders to agree and prioritise dirertion of work. We support 6 sub-groups across geographical and thematic areas to achieve dirert artion in the catchment. This year collectively we delivered IS different projects induding natural flood management, fishery monitoring. strategic sediment management. proterting rare species and increasing bigdiver51ty. The Rivers Trust This year Tyne River5 Trust has started developing a stronger working relationship with The Rivers Tru#, the national membership organi5ation. Th15 has been driven by the ernployment of a Regional Development Manager. Tyne Rivers Trust has contributed to the development of a national Defra Test on Environment Land Management Scheme and Communities of Practice including Operational considerations. We look forward to rewrting on these and others in the future. Volunteerin At the time of writing. it is great to be a￿e to offer again, now Covid19 has receded somewhat, full programme of acttvities again albert safely and wtth some seftsible precautions ift place. Through pandemic restrictions it was important to gJpp)rt our volunteers through garden challenges, re9ular virtual communications and a phased return to tasks. In total we have signed up 77 new volunteers to our task programme and individual otizen-soence Monitoring actyvity. this has achieved a total of 2762 hour5 voluntarily given to the improvement of our catchment. Tyne RJ"vers Trust cannot achieve improvements to the catchment and its residents without prtsfessional and financial support. This year we have fvrther broadened our support and achieved confirmed multi-year funding which greatly imptoves our ability to plan. 91Page TYNE RIVERS TRusf (a company limited by guarantee) TRUSTEES. REPORT {c￿tInUed) for the year ended 31 Octob¥ 2021 With thanks to Environment Agency, DEFRA. The Coal Authority, RLtral Payments Agency. Northumberland County Council, Gateshead Council, Egger. Reece Group, Northumbrian Water, Northumberland Wildlife Trust, the members of the Tyne Riparian Owners and OcCu￿e￿ Association, Garfield Weston, Sir James Knott Trust, Pnjdhoe Town Council, Stocksfield Parish Council, Wylam Parish Council, Cornmunity Foundab"on A4y Win(1 Fami. Community Foundation - G￿en Rigg Wind Farm, Community Foundation - Dicken Trust and L'Anson Family. Salmon and Trout Association, St James Place, Cap-a-pie, Hadrian Trust, Wellbeck Foundation and Newcastle University. Subsidiary companies In a proactive approa(h to grow business for River Catchments Service5. RCS a further Board Member, Chris Liddle, has been recruited to aid with marketing and building trusted customer relations. The company portfolio will reflect the increasing skillset and expertise of the Tyne Rivers Trust as more staff are recnjrted and they undergo accredited training and continuous professional development. Thi5 year RCS ha5 delivered 5UStainable footpath restoration, riverbank management and catchment restoratron work. It has provided ongoing support to other catchments on partnership working and co-ordination as well as facilitating workshops for famers on Carbon Farrn Toolkits. Natural Capital, Carbon credits and payment for public good. FINANCIAL POSITION In the period reported, Tyne Rivers Trust has seen a IOO/o increase in income {from £485k to £533kl and a 24% increase in expenditure (from £398k to E491kl compared to 2019-2020. As the country has begun to recover from the shock of Covid19 there have been more opportunities to raise funds, both restricted and unrestrirted. Expenditure has increased this year a5 project delivery during 2019- 20 was hampered due to the difficulties created by the impact of Covid19: this problem has eased dunng 2020-21 resulting in the higher spend. The surplus of "£41,624 was due to careful management of operating c¢)sts and a concerted effort being made to bo15ter our reserves as we look to increase our project team in order to deliver increased outcomes. Funding from tradits'onal sources conb'nues to be paid in arrears. However, we focused on developing new projert themes during lockdown and these wnb.nue to attrart new funding stream5. Re5erve5 policy During the year the Trust's unrestritted reserves rose 29% from £109k to £141k. The Trust maintains its target of increasing unrestricted reserves to twelve months. operating Costs to protett against closure but also preserve cashnow, necessary to deliver many of our projects which are funded in arrears on proof of delivery. Gro7Mng our reserves also allows the Trust to react demonstratively and 'mely to emerging priorities. As we continue in our success of achiewng an increase in unre5trietive funds we are able to grow our work for￿ to further increase the positive impatt we can have on our catchment and its inhabitants. PLANS FOR THE FUTURE At the time of writing, Tyne Rivers Trnst has steered a stable ship through tumultuous waters over 2 years of challenge antl di5rupbon cau5eO by the coronavirus pandemic. We have leamed new way5 of working, some of whith we will maintain as wholly beneficial to work life balance, produrtivity and reducing our carbon footprint. We are acutely aware of new r￿tentIal medical threat5 and most Imwrtantly the ever-present urgency to add￿5$ the dimate emergency. 101 Pa9e TYNE RIVERS TRusf (a company limited by 9uarantee) TRUSTEES. REPORT (￿ntInued) for the year."ended 31 Ortober 2021 We emerge cautiously but stronger and a￿ growlng rwjrteam to ensure e¥tn more impatt andgreater ambition in what we do. We continue to supp)rt our volunteers and partner5, engage honestly with existin9 and grospectlve funders and Infomi our stakehdders on emerging themes such a5 natural capital opportunities thmugh natural fl(K)d managem￿t. cartM)n capture and ￿'Od￿¥e￿ty. We have also secured Natural Envircinment Investment Readiness Funds to devebp an innovats.ve investmènt model to tad(le fine sediment pollutkjn throughout the Tyne Wem. Thrs will I￿ntify the key sources of sediment. aggregate buyers and sellers and set up a specbal purpose vehide to mana9e transactior6. Most ￿cOuragIng1Y we have finally b￿n able to start our multi-year 'Native North Tyne. Natlonal Lottery Heritage Funded proiett which 15 specifically aimed at those not yet enga9ing the Tyne rivers to emerge safely from lo¢*down and apwedate the teneffts our local environment offers for physicèl and mental Well￿1ng. This was" launthed by local choirs singing rlver inspired songs along the ￿orth Tyne and indudes ￿mPle athvits.es to help yOLtrng families to understand and value their river and rts native species. We h4.ve Just embarked on a strategic regional projett working with neighbwring local RIVe￿ Trusts and Gitchment Partnerships to help our local water company ifflprove their partnerthip approath and Identlfy natU￿-baSed solutions that are beneficlal to the catchrn￿t and ellglble for funding through the Water Industry National Environment Pro9ramme. We hope this wlll generate substantive catchment benefits and prove a ￿lS￿￿"ve multi-AMP {water company asset manageffl￿t prDgramme) approach to catthment Improvements and look forward to reportin9 significant pro9￿S5 next year. This report vlas apwoved by the Trnstees and 5tgned Ln their behalf on 28July 2022 by: Prol Riclmnl W Ch'airnmn IIjPage TYNE RIVERS TRUST (a company Ilmlted by guarantee) EXAMINER'S REPORT for the year ended 31 October 2021 INDEPENDENT EXAMINER'S REPORT TO THE TRiisfEES OF TYNE RIVÈRS TftVST I report on the financièl staternents of the gfDUP for the year ended 31 Ortober 2021 which a￿ set out on pages 13 to 28. This report is made solety to the group's Trvstees. as a b&Jy. in accordance wlth secbon 145 Df the Chadties Att, and regulations made under settion 154 of that Act. My work has been undertaken so that I mwht stste to the group's Trustees those matters l am required to state to them in an Independent examiner's ￿Port and for no other purpose. To the fullest extent pemitted by law, I do not accept or asgJme responsibility to anyone other than the 9rYJwJ and the group's Trustees, as a bodyi for my work or for thi5 report. RESPECTniE RESPOMSI8ILITIES OF TRIISTEES AND EXAM114ER The Trustees, who are also the directors of the company for the pvrpose of company law, are re5pJnsible for the preparation of the finanoal sratements. The Trustees consider that an audif is not required for this year under section 144(2) of the charit￿s Act 2011, (the Charities Artl, and that an independent examination Is neeéed. Having satisfEd rnyself that the group 15 not subjert to audit under chanty or conwany law ano Is ellglble for independent examination. it 15 my responsibility to.. examine the financial statements under section 145 of the Charities Art- follow the procedures laid down in the general Directions given by the Charty Commission under settlon 145{Sllbl of the Chant¢es Art,. and state whether pa￿cUlar matter5 have ccmme to my attent￿)n. BASIS OF INDEPENDENT EXAMINER'S REPORT My examinatlon was carried out accordan￿ with ￿ general Directions given by the Charity Commlssion. An examination Includes a review of the aco)untsng records kept by the group and a comparison of the finaneial statements presented w¢th those reconls. It also Includes Conside￿lI0n of any unusual items or disclosures In the finandal statements and seeking explanation5 frorn you as Trustees concerning any such matters. The prO￿dureS undertaken do not provide all the eviden￿ that wouk1 be reqUi￿LI in an audit, and conseouently no opinion Is given as lo whether the financial ststements p￿sent a and fair view. and the ￿port is limited to those matters set out in the statement below. INDEPEPIDENT EXAMINÉR'S sfATEMENT In connection with my examination, no matter has come to my attention= 111 which gives me ￿asOnab￿ cavse to believe that in any material re5￿t of the requlrements: to keep accounting reconls in accordance with section 386 of the Companies Act 2006- and to prepare financial statements wh￿h accord with ihe accourting records and comply with the accountirwJ reouirements of Section 396 Of the Companies Act 2006 and wfth the methods and principles of the Ststement of Recommended Proctice: Accountiry arKI Reporting by Chariiies ave not been met; or 121 to which, in my ¢x)inion, attentim should te drawn in orderto •)able a pr￿er un¢1erstandiwJ of the financial statements to be reached. Dated.. 28 Juty 2022 STEPHEN GIBSON FCA NE ACCOUMTANCY SERVICES LTD 27 Park Avenue Roker Sundedand Tyne & Wear SR6 9NJ 121 Page TYNE IUVERS TRUST {a company limited by guarantee) CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES (incorporating income and expenditure account) for the year ended 31 October 2021 IlestriLted Unrestricted fvrlds fund5 2021 2021 Total fund5 2021 Total runds 2020 INCOME ResouRCES Incoming resources Irom generated fvThls'. Voluntary income Activities for gener?￿n9 funds Investsnent income 398.480 526 71.546 48.141 57 470.026 48.667 57 450,430 27.367 119 other intorning resour 14.215 14.215 6,754 TOTAL INCOME RESOUACES 413.22L 119.744 532,965 484.670 .RESOURCES EXPE14DED Costs of generating funds.. Cosls of generating voluntary income Fundraising expenses and other costs Charitable artivsties Govemance costs 5,594 27.823 33.281 3.7S9 5.594 27.823 454,165 3.759 936 14.898 376,863 4,825 420,884 TOTAL RESOURCES EXPENDED 420,884 70,457 491.341 397,5Z2 NET INCOMEI{EXPÈ14DrnIRE) BEFORE TRANSFERS Transfer5 beiween Fund5 (7,663) 17.709 49.287 (17,709) 41,624 87,148 20 NET MOVEI4Epif 114 FUNDS FOR THE YEAR 10,046 31.578 41.624 87,148 Totsl funds èt l November 2020 99,575 109.496 199.07l 111.923 TOTAL FU141>S AT 31 OCTOBER 2021 99,621 141,074 240,695 199.071 The notes on pages 17 to 28 forrn part of ttEse financial statements. 131Page TYNE RIVERS TRUST (a company limited by guarnntee) Registered number: 05086888 CONSOLIDATED BALANCE SHEET as at 31 October 2021 2021 2020 FIXED A￿ET5 Intangible assets Tangible assets 14 Is 4.316 1.495 8.506 1,384 5.811 9,890 CURRENT ASSETS Stocks Debtors Cash at bank and in haThl 965 79.495 216,003 18 35.358 182,229 296.463 207.587 CREDITORS: amounts falling due wlthltt one ye•r 19 (61.469) 118.2401 NET CURRENT ASSETS 234,994 189.347 TOTAL ASS￿5 LESS CURREMT UABILrriE5 240.805 199,237 CREDITORS: amounts falling due after one year {iio) (166) 240,695 199,071 CHARITY FLINOS Restricted fvnds Unrestrirted funds 99.621 141,074 89,575 109,496 20 240.695 199,071 The Trustees consder that the tharitsble company is entitled to exemplion from the requirement to have an audit under the provisions of sertion 477 of the Companies Act 2006 1"the Art.) and member5 have not required the charitable company to cl)tain an audit for the year in ovestion in aceon1ance with seetion 476 of the kt. The Trustees acknowledge their ￿sponSIbl11tY forensLJring that the charttable company keeps a£counting records which comply with sertion 386 of the Art ar￿ for Q￿parIng finanoal ststements which give a true and falr vlew of the srate of affairs of the tharitable tompany as at 31 OCto￿r 2021 and of its net resources expended for the year then ended In accordance with the requirements of Sections 394 and 395 of the Act and which otherw¢5e comply with the requirements of the Compan￿5 Art 2006 relatirwj to the fin￿da1 sratements far as appllcable to the charitable company. 141 Page TYNE RIVERS TRusf"i? company limbted by 9uarantee) Registered number. 05086888 CONSOUDATED BALANCE SHEET {continutd) a5 at 31 October 2021 The financial statemerits have been prepared in aorordano the S￿al provisiors of Part 15 of the Cornpanies Act 2006 rekryting to ￿$￿11 chaTitabfe (Thmpantes. The Ilnartial,statemeNs were approva1 by the Tn￿ and si9ned on tr*ir behalf, ￿ 28.july 2022 ty: p.rof Riclwrd Klrt Chatrman . David Bralshaw,.Chalrnwi of the Fbnance •nd "Rislt Committee 'The Dotes on pagts. 17 10 28 IOFM part of tt*se finar¥id Stateffl￿ts. 15RPage TYII.E RIVERS TRusf (a.cOmp￿Y limited"byguarant&) CHARrrABLE COMPANY BALANCE SHEET as at 31 October 2021 2020 FIXED ASSErs Ifitsitgib￿ assets Tangl)le as*ts Investrnents 15 16 250 8,.758 CiIIRENY ASSEIS Stod( Debtors Cash at bank 965. 71,780 195".317 "18 155.629 26&.062 CREDrroRS: anThJunts"" lallThJ due within on• ￿ar 19 {42.933) (14.397) NET CURRENT ¥iSSErs 225,129 TOTAL"A￿Er5 LESS CURAEIIT 230,"364 188.722" CHARITY FUNDS Restrirted" fund5 Unrestricteij fuTrJs 89,575 1-30.Y.43" 230.364. The Trustees coNder that the thBf6ts*1e ccynpany is entiw to exeMW.￿ from the requir￿ffit to have an au¢Jit under the prov151￿15 Ofsect￿n 477 ofthe Companies Act 2006 ("t￿Act.) aThY"membe¢5 have'not reWI￿d the tharitsbte company to obtsin an audit foT the year Fn question in ￿(ordan(e wlth sectlon 476, of the.A¢l. The Trusteas'acknowledge th*.rre5PJn￿ts1￿"ty fOrt￿ring that tt* ASSETS, LIABILrriES AND FUMDS 1021 2020 Rfj¥er Catchment SeTh6ces Ll•Mlted Total assets 53.733 143,4021 28,506 (18,156) Total 10.331 10,350 18. DEBTORS GROUP 2021 CHARITADLE C014PANY 2021 2020 2020 Oebtor5 Amounts owed by group Ur￿ertakIry5 Prepayments and accrved income 32.469 120 24,754 47,026 13,494 25,238 4?.026 25.238 79,495 25,358 71,780 38,732 19. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR GROUP 2021 CHARITABLE COMPANY 2021 2020 2020 Credito Amounts owed to group unt1eftskin9S Social securily and other taxes Accruals and deferred income 47.630 3,092 30.994 1.889 7,680 2,370 2.844 1.344 4.795 5.414 10,789 3,050 9,084 6,064 61.469 18,240 42,933 14.397 261Page TYNE RIVERS TRusf (a company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS (contSnued) for the year ended 31 Ortobei 2021 20. sfATÉMEirf OF FUNDS Brought Incoming Res0￿treS Tr•thsters fonva¥d resources expended inlout C•rrled fDrwaFd UNRE￿RIC￿EO FUN(>S General Funds - all lunds 109,496 119,744 170.4571 (17,7091 141,074 RÉsTricfED FUNDS Monitoringlsvndry projects Community engage￿￿nt, eéuration ￿lI catchment plannlng River Restok3tion Fish passage 1.091 79.212 11,091) 184.5801 10.454 18.930 24.016 61.350 17.771 289,311 43.607 (293,0401 {42.1731 575 (1.7961 S6,196 17,409 89.575 413,221 (420,8841 17,709 99,621 Total fvnds 199,071 532.965 {491,341) 240,695 Commun•ty en9agefflen¢ educ•tlon - host of the Tyne Catchment Parther5hlp. Oefva's fundlng allo us ID facilitate sub-partner5hips delivering mulii-benefit projects in urban and Nral areas of our catchment. In parallel we continue to work with the Restoring Ratty and Revtslising Redesdale NLHF projects. Gateshead Councll Countryside Team and local angling groups to enthuse arnd educate I(￿al cornmunit￿S about their river. minimise impact on OT benefit the Tyne's river 5YStem. We ¢￿ty"nue to develop new opportunities for volunteering and involvement throLJgh our'Adopt a se￿aT￿. programme artd collaboration with Newcastle unive￿ty. Ernerging from the cornnavirus pandemic we are very aware of the well-being benefits the Tyne catchment offe￿. We have developed a catchment-whde apprnach to school education and plan to delwer thts through supporting teachers. virtual sessions and visits to their local burn. Govemrnenl initi6bve5 and building 5trrm9er link5 to bcol univer%ties will allow us to support pprentlceshlp scheme5 and higher-level education and research. To the benefit of the future wot*force. the Trust and the catthmenL C*t¢hm•nt pknning. riv•r rnt0rot1o￿ monftoring - t*velowThJ and maintaining a comprehensNe appreciation of the stste of the catchment remains a (JviviNJ for￿ for the Trust. We continue to use the 'PinPoint' assessmerTt for land, walkover suryeys for invastve spectes ar%J electro-f*sh4ng and invertebrate monitoring techniques. The importance of altemative land manègement forcatbon capture and biodiversity is positively influencing the Tyne Catchment Partfftrship Artion Plan. r•te¢ling Iconlr river indicator specbe5 ~ Working collattyJrab"vely with catchment partners and experts in their field to protect our ecosystem key In￿l￿an15 such as Atlantic 5almw. White-clawed crayfish and F￿$hWa1er t*arl mussels. ￿'Ver re5tordtion work focuses on improving land management to prevent pollution of to their river ha￿"tat and improvfftg river forrn to support recruitment. 271Page TYNE RIVERS TRU￿ (a ccthmpany Ilmlted by 9uarantee) NOTES TO THE FINANCIAL STATEMENTS (continued) lor the year ended 31 October 2021 20. STATEMENT OF FUIIDS (conL) Monltorlng - Much of the Trvst's river monitoring work ts led by our growtng network of volunteers, p and post project assessmert cwtinues to build our understanding of the catchment, improve our de5ivery and ensure that hard-won grant money is spent re5pon5ibty. Fundin9 for ffjonrtorin9 15 alway5 the most challenging to secure. yet withvjt accurate and currentdata, maklng strawicarwj infomied decision5 about prioritising river restoration is difficult. 21. ANALYSIS OF MET ASSEfs BETWEEN FUMDS Restrirted Unrtstricted funds funds 2021 2021 Total funds 2021 Total funds 2020 Tangible fixed assets Intangitsle fixed assets Current assets CreiJitor5 due wkthin one year Cre%Jitors due in more than one year 1,495 4.316 196.842 161,469) (iioi 1,495 4.316 296.463 {61,469) Iiio) 1,384 8.506 207.587 (18,240) (166) 99.621 99.621 141.074 240.695 199,071 22. PENSION COMMm4EIITS The company operates a defined conlributions pension stheme. The assets of the Scheme are held separdtely from those of the company in an indepen¢Jently administe￿￿ fund. The pension c05t charge rep￿SentS contributions payable by the tompany to the fund and amounted to £13.04)9 12020 - É11,2621. Contributsiyis totalling ENIL {2020 - £NILI were payable io the fund al the balance sheet date. 28 1 Page