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





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|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<br>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<br>House|||||
|60Gosweg Road|||||
|London|||||
|EC1M 7AD|||||
|Bankers:|||||
|HSBC Bank pic|||||
|108London Road,|||||
|Headington,|||||
|Oxford, OX3 9AP|||||



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|||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<br>activities||3|$78,93$||578,935|467,887|
|Total income|||626,676|532,500|1,159,176|701,164|
|Expenditure<br>on:|||||||
|Raising funds||4|41,271||41,271|7,253|
|Charitable<br>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|





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|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<br>activities|||||256|(663)|
|Change in cash and cash equivalents<br>in the reporting||period|||230,612|134,808|
|Cash and cash equivalents<br>atthe beginning ofthe reporting period|||||465,239|330,431|
|Cash and cash equivalents<br>at the end|ofthe reporting||period||695,651|465,239|
|Reconciliation ofnet income to net cash flow from||operating activities|||||
||||||2021f|2020<br>f|
|Net Income (as per the statement offlnancial adivities)|||||205,723|12,787|
|Adjustments<br>for:|||||||
|Depreciation<br>and amortisation<br>charges||||11,12|2,159|2,998|
|Investment<br>income|||||(256)|(937)|
|(increase)/decrease<br>in stocks||||13|(5,778)|100|
|(Increase)/decrease<br>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|





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|2.Grants and do||ations|||||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|
|Year to 31March 2021||||||2021|
|||||||F|
|Project Adivities|||||||
|Environment<br>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<br>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<br>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<br>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|





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|3. Charitable<br>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|



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|.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<br>Other|Support|Total|
|---|---|---|---|---|---|---|
|||payable|costs|activities<br>costs|costs|2021|
|Year to 31March 2021|||||f|E|
|Project Activities||3,750|314,886|427,775<br>2,224|163,547|912,182|
|||3,750|314,886|427,775<br>2,224|163,547|912,182|
|||Grants|Staff|Project<br>Other|Support|Total|
|||payable|costs|activities<br>costs|costs|2020|
|Year to 31March 2020||||E||E|
|Project Activities|||281,203|252,281<br>1,975|145,665|681,124|
||||281,203|252,281<br>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||





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



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||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|



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|1.Intangible<br>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|||



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|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<br>&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|





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|16.Analysis offunds||||||||
|---|---|---|---|---|---|---|---|
||||At|Incoming|Resources|Eund|Balance|
||||I-Apr-20|resources|expended|transfers|31-Mar-21|
||||E|E|E||E|
|Restricted Eunds||||||||
|Catchment<br>Partnership<br>Funds:||Ock,|11,210|42,000|42,877|1,358|11,691|
|Thame &,New Forest||||||||
|WEIE New Eorest Projects||||138,834|138,834|||
|Important<br>Ereshwater<br>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<br>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<br>Grants||||33227|33,227|||
|(Hatchett &Oxfordshire<br>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<br>funds||||||||
|Designated<br>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|





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|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<br>Partnership<br>Eunds: Ock,||9,869|42,000|40,659||11,210|
|Theme &New Eorest|||||||
|WEIF New Forest Projects|||34,875|34,875|||
|Important<br>Ereshwater<br>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<br>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<br>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<br>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|





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|.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|



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|||||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|