2021-03-31-accounts - Freshwater Habitats Trust

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Freshwater Habitats Trust - Protecting freshwater	Freshwater Habitats Trust - Protecting freshwater	3
Overview		4
Our activities in 2020/21		5
Our plans for 2021/22		12
Reference details		13
Structure, governance	and management	14
Financial review		16
Independent auditors	report	19
Statement of Financial	Activities	23
Balance Sheet		24
Cash Flow Statement		25
Notes tothe Financial	Statements	26

Board ofTrustees:
Roger Thomas		Chair ofTrustees
Brian Abbott		Treasurer
Baroness Hilton ofEggardon
Professor Lorraine Maltby
Keith Lawrey		Resigned Jul20
Dr Mark Downs
Dr Edward Sykes
Debbie Tenn
Company Secretary:
Natasha Challoner
Senior Management	Team:
Dr Jeremy Biggs	Director
Dr Pascale Nicolet	Technical Director (part-time		secondment	as CEO to NCP)
Dr Naomi Ewald	Director	ofResearch and Development
Natasha Challoner	Einance	Manager
Registered Office:
Bury Knowle House,
North Place, Headington,
Oxford, OX3 9HY
Auditors:
Moore Kingston Smith
Devonshire House
60Gosweg Road
London
EC1M 7AD
Bankers:
HSBC Bank pic
108London Road,
Headington,
Oxford, OX3 9AP

		Note	Unrestricted	Restricted	Total funds	Total funds
			funds	funds	year ended	year ended
					31-Mar-21	31-Mar-20
						E
Income from:
Grants and donations		2	47,485	532,500	579,985	232,340
Investments			256		256	937
Charitable activities		3	$78,93$		578,935	467,887
Total income			626,676	532,500	1,159,176	701,164
Expenditure on:
Raising funds		4	41,271		41,271	7,253
Charitable activities		5	557,083	355,099	912,182	681,124
Total expenditure			598,354	355,099	9$3,453	688,377
Transfers between funds			(9,451)	9,451
Net movement	in funds		18,871	186,852	20$,723	12,787
Fund balances	at I"April 2020		308,704	76,260	384,964	372,177
Fund balances	at31"March 2021		327,575	263,112	590,687	384,964

Cash flow statement				Notes	2021	2020
Forthe year ended 31"March 2021
Cash flows from operating activities:
				see
Net cash provided by operating activities				below	230,356	135,471
Cash flows from investing activities:
Interest income					256	937
Purchase ofLeasehold, plant and equipment				12		(1,6001
Net cash used in investing activities					256	(663)
Change in cash and cash equivalents in the reporting		period			230,612	134,808
Cash and cash equivalents atthe beginning ofthe reporting period					465,239	330,431
Cash and cash equivalents at the end	ofthe reporting		period		695,651	465,239
Reconciliation ofnet income to net cash flow from		operating activities
					2021f	2020 f
Net Income (as per the statement offlnancial adivities)					205,723	12,787
Adjustments for:
Depreciation and amortisation charges				11,12	2,159	2,998
Investment income					(256)	(937)
(increase)/decrease in stocks				13	(5,778)	100
(Increase)/decrease in debtors				14	(55,780)	77,837
Increase in creditors				15	84,288	42,686
Net cash provided by operating activities					236,356	135,411
Analysis ofcash and cash equivalents	and net debt
					2021	2020
Cash in hand					f	f
Opening balance					465,239	134,808
Cash flows					230,612	330,431
Closing balance					695,851	465,239

2.Grants and do		ations
				Unrestricted	Restricted	Total
Year to 31March 2021						2021
						F
Project Adivities
Environment Agency					212,232	212,232
New Forest National Park Authority					12,927	12,927
Thames Water					66,601	66,601
Rural Payments		Agency			1,719	1,719
Trust for Oxfordshire's			Environment		6,230	6,230
Horizon 2020					183,800	183,800
HLF					13,093	13,093
Natural England					33,227	33227
Other				11,339	1,501	12,840
				11,339	531,330	542,669
Other
HMRC -JRS				18,078		18,078
Supporter Scheme				10,717		10,717
Other				7,351	1,170	8,521
				36,146	1,170	37,316
Total grants and		donations:
				47,485	532,500	579,985
				Unrestricted	Restricted	Total
Year to 31March 2020						2020
Project Activities
Environment Agency					97,796	97,796
New Forest National Park Authority					19,129	19,129
Thames Water					36,126	36,126
Rural Payments	Agency				28,400	28,400
Trust for Oxfordshire's			Environment		12,917	12,917
Other					23,000	23,000
					217,368	217,368
Other
Supporter Scheme
Other				10,765		10,765
				1,907	2,300	4,207
				12,672	2,300	14,972
Total grants and		donations'
				12,672	219,668	232,340

3. Charitable activities
		Unrestricted	Restricted	Total
				2021
Year to 31March 2021				f
Project Activities		575,215		575,215
Corporate membership	&sponsorship	3,720		3,720
		578,935		578,935
		Unrestricted	Restricted	Total
Yearto31March 2020				2020f
Project Activities		463,787		463,787
Corporate membership	&sponsorship	4,100		4,100
		467,887		467,887

.Raising funds
	Unrestricted	Restricted	Total
	2021	2021	2021
Year to 31March 2021	8		8
Staff costs	38,476		38,476
Support costs	2,795		2,795
	41,271		41,271

	Unrestricted	Restricted	Total
	2020	2020	2020
Year to 31March 2020	4	E
Staff costs	4,200		4,200
Support costs	3,053		3,053
	7,253		7453

		Grants	Staff	Project Other	Support	Total
		payable	costs	activities costs	costs	2021
Year to 31March 2021					f	E
Project Activities		3,750	314,886	427,775 2,224	163,547	912,182
		3,750	314,886	427,775 2,224	163,547	912,182
		Grants	Staff	Project Other	Support	Total
		payable	costs	activities costs	costs	2020
Year to 31March 2020				E		E
Project Activities			281,203	252,281 1,975	145,665	681,124
			281,203	252,281 1,975	145,665	681324
6.Support costs
			Unrestricted	Restricted	Total
Year to 31March 2021			2021	2021	2021
				f.
Staff costs			81,723	26,652	108,375
Office running	costs		34,636	11,296	45,932
Governance costs			153	50	203
Other			6,815	2,222	9,037
			123,327	40,220	163,547
			Unrestricted	Restricted	Total
Year to 31March 2020			2020	2020	2020
			d	d	f
Staff costs			59,650	23,136	82,786
Office running costs			38,957	15,110	54,067
Governance costs			3,128	1,213	4,341
Other			3I222	1,249	4,471
			104,957	40,708	145,665

				2021	2020
					f
Auditor's remuneration				8,900
Independent	examiner's	remuneration			3,846
Depreciation	on tangible		assets	2,159	2,515
Amortisation	ofintangible		assets

	2021	2020
		E
Wages and salaries	391,551	314,916
Social security	36,762	27,335
Pension costs	22,202	17,359
	450,515	359,610

1.Intangible fixed assets
	Software	Total
Cost	E	E
At 01/04/20	8,677	8,677
Additions
At 31/03/21	8,677	8,677
Amortisation
At 01/04/20	8,677	8,677
Annual charge
At 31/03/21	8,677	8,677
At31/03/21
At 31/03/20

2.Tangible fixed assets
	Leasehold	Computers	Total
	costs
Cost
At OV04/20	1,600	16,268	17,868
Additions
Disposals
At 31/03/21	1,600	16,268	17,868
Depreciation
At OV04/20	229	14,216	14,445
Annual Charge	229	1,930	2,159
Release on disposal
At 31/03/21	458	16,146	16,604
Net boob value
At 3V03/21		122
At 31/03/20	1,371	2,052	3,423

13.Stocks
		2021	2020
		4	E
Booksfor resale		670	425
Kits for use and resale		5,533
		6,203
14.Debtors
		2021	2020
			4
Project debtors		70,607	40,013
Prepayments	and accrued income	86,091	60,606
Other debtors		1,737	2,036
		158,435	102,655
15.Creditors falling due within one year
		2021	2020
		E
Project creditors		83,687	2,823
Deferred income &one year		119,148	34,059
Accruals		34,965	102,335
Taxation and	social security costs	32,016	46,311
Other creditors		1,250	1,250
		271,066	186,778

16.Analysis offunds
			At	Incoming	Resources	Eund	Balance
			I-Apr-20	resources	expended	transfers	31-Mar-21
			E	E	E		E
Restricted Eunds
Catchment Partnership Funds:		Ock,	11,210	42,000	42,877	1,358	11,691
Thame &,New Forest
WEIE New Eorest Projects				138,834	138,834
Important Ereshwater Areas			2,88$		3,496	611
Oxfordshire
Million Ponds Digging Eund			28,031				28,031
New Eorest Catchments			3,109		320		2,789
New Forest HLI' Beaulieu				2,274	2,274
River Irfon			8,554	1,719	10,273
Arable Farming (Ock&Thame)				18,052	18,651	599
Saving Oxfordshire wetland	wildlife			69,946	38,532		31,414
Horizon H2020				183,800	15436		168,264
HLF Breeks				13,093	15,917	2,824
Water Eriendly Earming Research				24,000	24,000
Other small projects				4,055	8,114	4,059
Water Environment Grants				33227	33,227
(Hatchett &Oxfordshire Eens)
Medicinal Leech			22,471	1,500	3,048		20,923
Total restricted		funds:	76,260	532,500	355,099	9,4$1	263,112
Unrestricted funds
Designated Pond Creation Fund						22,000	22,000
General funds			308,704	626,676	598,354	(31,4$1)	30$,575
Total unrestricted		funds:	308,704	626,676	598,354	(9,451)	327,575
TOTAL	FUNDS		384,964	1,159,176	953,453		590,687

6.Analysis offunds (confiau	ed/
		At	Incoming	Resources	Fund	Balance
		1-Apr-19	resources	expended	transfers	31-Mar-20
		f.	E	E		F
Restricted Funds
Catchment Partnership Eunds: Ock,		9,869	42,000	40,659		11,210
Theme &New Eorest
WEIF New Forest Projects			34,875	34,875
Important Ereshwater Areas		7,565		4,6SO		2,885
Oxfordshire
Million Ponds Digging Fund		28,116		85		28,031
New Forest Catchments		3,109				3,109
New Forest HLF Beaulieu			7,129	7,129
River Irfon		22,394		13,840		8,554
Arable Earming (Ock &Thame)		487	8,921	9,350	(58)
Saving Oxfordshire wetland	wildlife	1,684	48,005	49,689
BiffaAward, Stow Common		92		92
Anglian Water		8,875		8,875
Water Friendly Earming Research			24,000	24,000
Other small projects		56	3,338	7,924	4,530
Water Environment Grants			28,400	28,780	380
Medicinal Leech			23,000	529		22,471
Total restricted funds:		82,247	219,668	230,507	4,852	76,260
Unrestricted funds
General funds		289,930	481,496	457,870	(4,852)	308,704
Total unrestricted	funds:	289,930	481,496	457,870	(4,852)	308,704
TOTAL	EUNDS	372,177	701,164	688,377		384,964

.Analysis ofnet assets by funds
	Unrestricted	Restricted	Total
			funds
Year to 31March 2021	E		E
Eixed assets	1,264		1,264
Current assets	597,377	263,112	860,489
Current liabilities	(271,066)		(271,066)
Net assets	327,575	263,112	590,687

	Unrestricted	Restricted	Total
			Ponds
Year to 31March 2020	E
Eixed assets	3,423		3,423
Current assets	489,236	79,083	568,319
Current liabilities	(183,955)	(2,823)	(186,778)
Net assets	308,704	76,260	384,964

				Land	and	Land and
				buildings		buildings
				2021		2020
				E		E
Expire	within	one	year:		31,000	31,000
Expiry	within	two	to 6ve years:		849	31,849
					31,849	62,849