YORKSHIRE DALES RIVERS TRUST A COMPANY LIMITED BY GUARANTEE Report and Financial Statements for the year ended 31 March 2021 Charity number: 1107918 Company registration number: 5220147 'AAHIKHFL* 16111r221 COMPANIES HOUSE A12
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Yorkshire Dales Rivers Trust Report and Finandal Staternents for the year ended 31 March 2021 Contents Significant information Trustees. report Independent Examiners Report statement of Financial Activities Balance Sheet Notes to the Flnancial Statements 10-17
Yorkshlre Dales Rivers Trust Report and Financial Statements for the year ended 31 March 2021 Truslees who served during the period Dr Stephen Axford Robert Bri)wn (Joint chairman) (Treasurer) {Joint chairman) Mark Facer James Roberts Christopher Ryder Registered Office 8 Kings Court Pateley Bridge Harrogate HG3 5JW Bankers CAF 6ank Ltd 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ Independent Examiner Armstrong Watson Audit Limited York House Thornfleld Business Park Northallerton DL6 2XQ
Yorkshire Dales Rivers Trust Tru"stees Report The Trustees present their report and financlal statements for the financial year ended 31 March 2021. Structure Governance and Management The Yorkshire Dales Rivers Trust (the Trust) is a registered charity and constituted as a Company lirnited by guarantee and hence the Trustees of the charity are directors of the Company for the purposes of the Companies Act. The governing documents for the Trust are the Articles and Memorandum of Association which have been filed at Companie5 House. The Trust is affiliated with the Rivers Trust. The Trustees are recruited by recommendation from existing Trustees and members and undertske appropriate training. The day-to-day operations are delegated by the Trustees to the Director who liaises regularly with the Trustees and in particular the Chaiman and Treasurer. The Director reports on a formal basis lo the Trv5tees at Board rneeting5, which are held quarterly. Objertives and Activities The aim of the Trust The aim of the Trust is to secure the conservation. protection, rehabilitation and improvernent of rivers, StaM$. water courses. water impoundment5, bankside5, and tributaries. catchment areas of the rivers Ure, Swèle, Nidd, Wharfe and Ouse(the Rivers) for the benefit of the public. The Trust seeks to achieve this aim by using a holistic strategy that uses the Proce of-Identify - Improve - Sustain" to address all issues affecting the catchment. In achieving this strategy. the Trust has set the following objectives: l. Undertake and suptM)rt annual monitoringi investlgation. and research attivitie5 to identify and quantify issues and impacts that affect the catchment areas. 2. Collate evidence from obiertive I to priorib.se and deliver an annual restoratlon and Improvement programme of activities across the catchment. 3. Wherever possible to Influen and encourage partners delivering activities within the catchment to undertake artions in partnetship to deliver improvements to the Rivers. 4. To continuously engage and educate als communities. stakeholders, and Interest groups to address wider issue5 and ensure improvements are maximised and sustained. Delivery obje¢tives In dellvery of the objectives, YDRT employs a team of dedicated. experienced and highly qualified employees. The ski115 and experience of the Trust reflett the holistic strategy. and the Trust is committed to contlnually developing the ernployee5 through external and internal training and pmviding opwrtunities to work on drfferent projects 50 as to provide broad involvement in the Trust's activities. Volunteer5 YDRT relies upon the support of volunteers for a range of activities, including tree planting. fencing. river clean-ups, surveying and monitoring, education activities and administration
Yorkshire Dales Rivers Trust and technical support (including website maintenance and design work). YDRT would like . to exp$5 its sincere gratttude for all the work undertaken by its volunteers. Achievements and Perforniance Enable It has been a busy period for the Trust, with a number of new appointments across the organisatFon. Jamie Roberts and Robert Brown replaced Chris Ryder as Joint Chairs. Dan Tumer, Charles Forman and David Higgins left for new opportunities. The appointrnent of a new Chief Executlve in succession to Chades had to be al)orted ovt of prudence in the light of the financial uncertainty arising from COVID-19. As a result. the Trust had to operate wlthout a Chief Executive for the 11 months of 2020121 that remained when Charles departed. We did create a new Operations Director p05t, into which Marie Taylor stepped up and for the last 11 months of an exceptionally challenging year successfully navigated lockdown, furloughing ol staff and enforced working from home, with the additional challenge of the 5uspens40n of volunteer artivities. Other CEO re5pon5ibilities had to be picked up by the Twstees collettively. Marie's performance as Operation5 Director bore testament to her skill. tenacity and leadership ability and wa5 instrumental in guiding the Trust to a position of great strength as we look to the years ahead. Improve and Protect A number of our flagship Natural Hood Management {NFM) projects We completed in FY21, including at Blshopdale. Brompton and at Collingham. which is YDRfs lowland NFM demonstration site. Working alongside partners including the Environment Agency, Natural England, North yorkshi County Council and local groups and landowners. YDRT staff worked to deliver a range of benefits throughout the catchments. Key achievements included.. Planting 30.550 trees Laying 9km of hedgerows Installing 30 leaky dams, 21 shallow scrapes, and l flood basin (the latter providing flood storage of 3.8km ) Enlisting over500 volunteer hoLsf5 The iwharfe project saw a huge public water sampliftg effort on the River Wharfe in August 2020, engaging groups including Ilkley Clean River Group. Addingham Environment Group and local anglers. with samples taken from 59 sites along the length of the River Wharfe. This ambitiOUS Cltizen Scien project was incredibly timely with the issue of sewage in our rivers becoming inCa51nglY publicised and Ilkley's designation as an inland bathing water 51te receiving national coverage. Funding was also secured from the Heritage Lottery Fund to commence the second phase of the Tees Swale Metal Mine Projert to deliver restoration work to reduce diffuse heavy metal pollution and its impact on water quality: another 3 year5 of the River5 in Elmet Projert to tackle sediment, nutrient loading and habitat modifications in five waterbodies. and the development of a strategic. collective approach to prevention and management of Invasive Non-Native Species (INNS) ac5 the whole of the Swale, Ure, Nidd. Ouse and Wharfe tatchments. Collaborate Partnershlp 15 the bedrock of many of the conservation achievements listed above. Our strong partnership with the Environment Agency continues to underpin a number of projects and we are now working more closely with Yorkshire Water than ever before. The two catchment partnerships that we are funded to host by Oefra under their catchment- based approach went from Strength to strength. with the partners in varying combinations
Yorkshire Dales Rivers Trust dellvering an increasirw volume of projects. We were able to Secure a further £48,000 from the EA for the Partnerships, to further improve the resilience of the Oales to Vale Révers Network (DVRN. the network though which we nJn them). including by appointing fvnding officer. The delivery approath we are developing is becoming a model for the other partnerships across England to follow. Engage Despite lockdown the recommenMent of volunteer events from late 2020 saw actlvitie5 held in Brshopdale and along the River Wharfe arKI we continue to engage with over 130 volunteers. The Trust featured on BBC Countryfile in September 2020, willow spiling on the River Bum. Our first ever online auctj.on raised nearty £5,000 for the Trust's conservation work in December- a great fund-raising efftlrt in a challenging period for public engagement. lo ment FY21 was a year of great challenge and YDRT met those under the leadership of Marie Taylor. The Trust now look to the futu re-energised and restructured with a particular focus on the following areas- People: Following the recruitment of new CEO David Middlemiss during FY22 the Trust has successfully appointed to the V roles of Farrning and Conservation Officer (Abigail Ma}, Tees and Swale diffuse pollution projert manager (rim Longstaff). Projert officer {Eleri Pritchard) and Assistant Project Officer (Fem Wilkinson) building a new look team of 10 in total with a fantastic range of expertise and experience. Fundlng and engagement: Building resilience through increased unre5tritted fund5 is a key objective for FY22 and FY23. This means building engagement and sUPPOrt from individual and corporate source5. The Trust now have a live projec¢ and resource within the new team. to engage. convert and retain supporters. Public benefit The trustees confirffl 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 planning its future attrvities. Financial activitles As at 31 March 2021 the charity had net assets of £212,062 of which £55,210 were unrestricted funds. Operattonally the charity met its planned financial objectives for the period with the resultant position in Sine with the budget projections. The Trust does not operate any endowment fund5 Reserves policv The Trust holds reserves to ensure adequate funding for the continuation and completion of current projects and to fund planning of future projects.
Yorkshire Dales Rivers Trust Statement of TThstw' Responslbllities The Trustees (who ary also directors of the Yorkshire Dales Rivers Trust for the purposes of cornpany law} are responsible for preparing the Trustees. Report and the flnancial stateftnts in accordance with applicab* law and United Klngdom Accountlng Standards (United Kingdorn Generally ACpted Accounting Prattl). Company law requires the Trustees to prepare financial statements for each financial year whlch gFve a true and fair viev4 of the state of affairs of the company and of the incomlng resources and appIation of resources. includin9 the income and e¥pertditu. of the company for that perk)d. In prepariThJ these financial statements. t Trustees a required to: select sultable accounting policies and then apply them consistentlyi otere the Methods and princTrples in the Charities.. SORP: make judgements and estirnate5 that a reasonable and prodent: state whether applicable UK Accounting Standards have been followed, subject to any material departures disdosed and explabned in the finan¢i41 statements: and prepare the finanoal statements on the going eoncem basis unless it is inappropriate to pre5L5me that the charity will continue sn txEsiness. The Trustees are respMslble for keepiny proper accounb"rwJ records that dTr5close. with asonable acaFracy at "any time the finantial tx)sition of the company and enable them to ensure that the finanaal statements comply with the Companies Act 2006 arKI the Charit5 Act 2011. They are alxl responslble for safeguarding the assets of the company and hert for taking reasonable steps for the prevention and detertion of fraud arKI other irre9ularfities. In so far as the Trustees a aware: There is no relevant infornmiion of whlch the company's indepeThlent examiner Is unaware. and the Trustees have taken all steps that they ought to have taken to make them1VeS ware of any relevant infomiation and to establish that the independent examlner is aware of that informatlon. This report has been prepared in accordance with the special provisions relating to small companre5 Wlthin part 15 of the Companies Act 2006. This pOrt was approved by the Trustees on 3ft1 Novanber 2021 and sned.On their behalf Jamie Roberts joint Chairman
Yorkshlre Dales Rivers Trust Independent Examlnerfs Report to the trnstees of Yorkshire Dales Rivers Trust I report on the financlal statements of the charity for the year ended 31 Marth 2021 which are set out on pages 8-18. Respertlve responsibilities of trustees and examiner The charity's Trustees are responsible for the preparation of the financial statements. The harity's Trustees consider that an audit is not required for this year under sertion 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination Is needed. It is my responslblllty to: examine the financial statements under section 145 of the 2011 Act; follow the procedures lald down in the general DirtionS given by the Charity Commission under section 145(5){b} of the 2011 Art; and state whether particular matters have come to my attention. Basi$ of independent examiner's report My examination was carried out in accordance with the general Directions glven by the Charity Commission. An examination includes a review of the accounting records kept by the charity_and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from you as Trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matter5 set out in the statement below. Independent examiner's statement In connection with my exarnination. no matter has come to my attentlon: whrch give5 me reasonable cause to believe that, in any material respect, the requirements- to keep accounting records in accordance with section 130 of the 2011 Act,. and to prepare financial statements which accord with the accounting cordS and comply with the accounting requirements of the 2011 Art have not been met; or to which, in my oplnion. attention should be drawn in order to enable a proper understanding of the accounts to be reached. Simon Tumer Armstrong Watson Audit LimÈted Northallerton 3 November 2021
Yorkshire Dales Rivers Trust Statement of financlal actlvitles for the year ended 31 March 2021 Unrestricted funds Restrirted fvnds notes Total 2020 Income Vduntary income 4,312 4,312 18.488 Charitable activities 625 924 854 008 593 349 630 236 872 496 Expenditu Charitable activities 1.329 725.837 727,166 860,882 Governan costs 725 837 728 966 862 732 Net incomel(expenditure) before tax in the period 33,758 -132.488 -98,730 9,764 Transfers between funds -11,366 11.366 Net Movement in funds 22.392 -121,122 -98,730 Reconciliation of funds Funds brought forward 277 974 310 792 301 028 Funds carried forward 156 852 212 062 310 792
Yorkshire Dales Rivers Trust Balanctrsheet as at 31 Mèrch 2021 funds funds Totsl 2020 FTrxed assets 2.643 2.643 250 250 50 Currenta5sets Del)to 2.866 63.610 66.476 iii 18 Cashatbink 265 070 328 142 394 618 353 13 Creditorn" amounts falli due within one year 13,621 171828 185.449 95 Nèt current assets 52.317 IW52 209.169 306.918 Net assets 55.210 Is652 310,n2 Fymls pf the tharity 55.210 156,852 212,12 310,792 The company was entitled to exemptlM from audit under $477 of the CpanieS Act 2006 relatlng to small companie The mernbers have fequir&l the company to obtrin In audit ifi accordance with s476 of the Companles kt 2006. The dlrectors acknowledge their re5ponsibiif(ies for complying 7Ntth the reqU1mentS of the Companies Act wlth rpspert to accounts.ng records and the paration of accounts. These accounts have been prepared in accordance wlth the provlslons applltable to the small companies subject to the small compantes. regime and kn accordance wlth FRS102 SORP. These accounls were apwoved on 3rn Pkni8rte.r 2021 and *ned on beha of all trustees1 di rsby.. amie Roberts Mar1( Facer Jolnt thalrman
Yorkshlre Dales Rlvers Trust Notes to the accounts l. Basis of preparation Basis of accounting These account5 have been prepared under the historical c05t convention with the item5 recognised at cost or tran5artion value unless otherwise stated in the relevant note{s) to these accounts. The accounts have been prepared in accordance with the Trust's governing docurnent, the Charities Act 2011 and "Accounting and Reporting by Charlties.. statement of Recommended Prattice applicable to charities preparing thelr accounts in accordance with the Financial Reporting Standard applitable in the UK and Republic of Ireland {FRS 102)" (as amended for accounting periods commencing from l January 2018)- The Trust is a Public 8enefit Entity as defined by FRS 102. Going concern The Trustees have prepared the financial statements on a going concem basis. They do so having considered all the facts and information available to them at the date of approval of the financial statements. This indudes noting that there may be a material contingent liability (see note 12) that if it crystallises exceeds the budgeted net cash inflows for ts¥elve months from the date of accounts approval. Whilst a material uncertainty the Trustees remain confident that the liability will not crystallise (hence its contingent nature) and believe that excluding that item. budgets and forecasts show the Charity to have sufficient working capital. cash flows and reserves to remain a going concern. As the timing of the contingent case is not yet certain, the Trustees are satisfied that at the date of approval of these financial statements that the liability and its impact is not certain and are therefore satisfied with their conclusion. whi15t aware of the potential risk. Income Incoming resources Income is included in the Statement of Financial Activities (SOFA) when the Charity becomes entitled to the resources. it is more likely than not that the resource5 will be received. and the monetary value can be measured with sufficient reliability. Incorne received in advance of activities or provision of other specified service 15 deferred until the criteria for income recognition are met. Grants and donations Grants and donations are only induded in the SOFA when the general income recognition criteroa are met. Government grants The charity has recelved government grants during the year. Gift aid Gift Aid receivable is induded In income when there is a valhl declardtion fom from the donor. Any gift Aid amount is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have Specifd otherwise. io
Yorkshire Dales Rivers Trust Notes to the accounts {continued} Donated goods Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so. Goods donated for ongoing use by the charity are recogni5ed as tangible fixed assets and included in the SOFA as incoming resources when receivable. Gifts in kind for use by the charity are included in the SOFA as income from donations when reoivable. Support costs The charity has Incurred expenditure on 5UPPOrt costs. Volunteer help The value of any volunteer help received is not included in the accounts but is described In the trustees. annual report. Income from membership subscriptions Membership subscriptions received in the nature of a gift are recognised in Donations and Legacies. Liability recognition Liabilities are recognised where it is more likely than not that there Ss a legal or constructive obligation committing the charity to pay out resource5 and the amount of the obligation can be measured with reasonable certainty. Governance and support costs Support costs have been allocated between govemance costs and other support. Govemance costs comprise all costs including public accountability of the charity and its compliance with regulation and good practice. Support costs include central funttions and have been allocated to artivity cost categories on a basis con515tent wlth the use of those resources. Redundancy cost The charity dld not make any redltndancy payments during the period. Flnancial instruments The charity only has financial assets and liabllities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. Provisions for liabilities A liability is measured on recognition at its historical cost aThJ then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date. Creditors The charity has creditors which are measured at settlement amounts less any trade discounts. Assets Tangible assets for use by the charity. These are capitalised if they can be used for more than one year and cost at least £1,000. Debtors Debtors are measured at the cash or other considerntion expected to be received. li
Yorkshire Dales Rivers Trust Notes to the accounts (continued) 2. Analysls of income 2021 Restricted funds 2020 Unrestnrted fund5 Trrtal Voluntary income Membership 2,587 2,587 15,171 Other income Charitable artivities Fundraising Grants receivable 4.640 4,640 49,174 593 349 804 834 593 349 625 924 Total incorne 593 349 630 236 872 496 Analysls of grants receivable 2021 2020 Environment Agency Yorkshire Wildlife Trust 401.379 80.000 35.160 18.964 143,96S The Coal Authority Animal and Plant Health Agency National Heritage Lottery FurKI 14,880 12,370 12.000 9.463 6.661 6.500 -8,117 20.000 Mott Macoonald Yorkshire Water 153.000 European Union Yorkshire Dales Millennium Trust The Rivers Trust Natural England Marlne Maritime Organisation The River5 Trust 31.138 240,000 89,912 47,183 32.015 22.851 5.600 Anlmal and Plant Health Agency Univèrsity of Leeds Peoples Postcode Lottery yorkshi Oales Natbonal Park Authority Other grants under £5000 593 349 803 121 The Natural England charge of £8,117 reflects an over-estimate of income receivable.
Yorkshlre Dales Rlvers Trust Notes to the accounts (continued} J. Analysis of expenditure 2021 2020 Unrestricted Restricted fvnds funds Total Expenditure on charitable activities Salaries 709 184.173 184,882 270,301 Project expenditure 273 496,030 496.303 511,381 Support services 155 21.097 21,252 6,904 Officelmarketing/telephone 138 11.828 11,966 18,603 Staff travel and other costs 2.888 2,888 29.191 Insurance 12 992 1,004 -265 conferen costs 18 1,482 1,500 65 Printingp Postage and stationery 681 689 3,626 Volunteer expense5 1.272 1,273 706 Auctlon and fundraising expenses 7,800 Depreciation 12 969 981 981 Professional fees 4,425 4.428 11,589 1,329 725,837 727,166 860,882 Governan costs Independent examination fee 1.800 1,800 1.850 Fee5 paid for statutory external scrutiny of the financial statements and other services 2021 2020 Independent examination fee 1.800 1.850 1.800 1,850 No TnJstee5 were remunerated in the year (2020.. £nil). No trustees received any expenses during the year (2020: £nil). 13
Yorkshire Dales Rivers Trust Notes to the accounts (continued) 4. Paid ernployee5 Staff costs 2021 2020 Salaries and wages National insurance 160.136 239.(h58 12,863 18.726 Pension costs 11,883 11,536 other employee benefits 971 184.882 270.301 The penslon costs relate to the employerfs contributfjons under a defined contributlon pension plan. The employerfs cost5 of the pension scheme are allocated between the restricted and unrestricted funds depending on the hour5 worked by each employee and the agreed terms of the project funding. No employee received benefits of more than £60,000 during the reporting period (2020.. The average number of employees during the reporting peri¢xl wa5 7 (2020: 5). The were no redundancy or ex gratia payments paid dur6ng the reporting period {2020: The deflned contributron pension plan is operated by the Rivers Trust. A number of other similar organisations participate in this plan. 5. Tangible fixed assets Equipment Cost 8alance as at l April 2020 Acquisitions Balance as at 31 March 2021 5284 5284 Depreciation Balance as at l April 2020 Charge in year Balance as at 31 March 2021 981 2641 Net book value 2643 14
Yorkshlre Dales Rivers Trust Notes to the accounts {continued) 6. Investments Cost of unlisted Investments at start and end of year £250 The charity owns 250 of the share River Bain Hydro Limited of £1 each fvlly paid. River Bain Hydro knmtted has a paid-up share capital of £200,405 and a deficit on reserve5 of £30,341 a5 at 31 March 2019 (the last date for whith infomiation is available). 7. Debtor5 2021 2020 Unrestricted funds Re5trirted funds Total Total Other debtors 833 15.082 15.915 2,294 Grants and other anM)unts owed 48.528 48.528 108,924 Prepayments 66476 111 218 8. Creditors.. amounts falling due within one year 2021 Restricted funds 2020 Unrestricted fvnds Total Total Taxation 3,468 3,468 Accruals and deferred income 171 828 181 981 171 828 185 449 15
Yorkshire Dales R•vers Trust Notes to the accounts (continued) 9. Charity Funds Per accounts IrKoTh ExFrtditure Transfers Fund Fund balae Lyought foThYard Fund balarKe carried fotward Mio Sv4ale trfbutaries Proiett focussed In the mwj Swa operaticoal catehrnent to address water quaity 6sues. Project to understand the exient to wh effective thkeholdtr ènd community partiopation in water management can deliver n)) sUstainae wystem managenfit Project in the uFyer Wharfe (atchmeAt ro iffwove the ecolo)i¢AI and geDrO3iCal condibons of the Wharfe Hosb"ng tr DVRN ratchment pathership ing partiers together to me decisions on rnanagir the Interconnecting waterl10$. Educatiofi prr4ramme to raise ofall Ihe different aspects of rivers. McffiitorirKJ project looking at the curlew Fwtslab¢fi in wenyeydale. lryoverrent of water qudlity in the river 410 410 Waterc(NJ -1634 2,634 Wharfedale sssI 11.106 3.750 -11.262 3.594 1.234 126.060 -119.080 8,214 "vws2U 30,986 -12.429 18.5S7 Curfew 40C Natural N(dd RSvers In Elmet Proiett aédresyNJ sejiment Kmslution across five adjoining WaterdieS Faoiitstiw farmers in yer Wharfed looking at environrrentsl Lènd maTragerrent fc£u5sing natyral fh)od management Installation of 3 fish passages on the Wharte and Swale Improving trout habitst on rlver 2.834 25.J4 -23.69S 4.143 CSFFF Wharfe -8.117 -162 8.279 Three Weir5 163.420 -169.920 453 8sshopdale ProvwJr we to one advkn to farrrws on NFM natural fi¢>1 mIttn. Brornpton Provhling one to one advice to fwmers on 14FM ntsral rnlt4aln. Collinghaffl Pro¥KlIj one to one advKe to farnws on NFM Aatural firth1 MItallOn. Addingham 4 Community involvement for river Beeks improvement 6i¢wcurity Managing biosecurity project to prert 5econdment soKead tt Don-notive invasive speoe5 Rapid Life BSosecunty Tees-swa Metal Mines 13.110 110,881 -123,991 4.028 92.091 -96,119 23,869 .23,869 6.810 .6.810 14,684 -7,885 6,799 13,902 18.964 -20,983 It.683 reg Remediation c* water pollUtH caused ty heavy rneial mines in Tees aThJ Swale 23.769 35,160 -50.954 7,975 Roaring Twenbes Bulding a rnore sustainat4e 5tnKturE for the Trusi 1.399 14.880 -14,440 1.839 16
Yorkshire Dales Rivers Trust Notes to the accounts (continued) Note 9 Icontinuedl IPINS wr Jnvast¥e non.ftative Skdes n4Ma9eTht. 17,L -10.415 6.585 ratchmenrs. Skdl projert Engage communities In the Skdl vall with their rivu. Bishop Ltyke project appFylng estalsh¢ stsres addressiThJ drffuse 1rlt •x1 nutrient inputs used to achve Water Framework Dirertive outcomes in a floc#J defen ctexL Enforceff*nt Undertaking fvndin9 10 erwjage cornmunittes aThJ de¥el¢)p wojfft long the 4id-Swale otchtrEnt on an NFM guldance manu61, as part of the contratt with CJRIA Iwnarfe L5 a Cbtizkn soeft water Quality KJnitoriAg program to achieve Thers fft ro swim in. with existiryj partners and bJlldSng new partnershlps the Aiver Wharfe 2,427 -4ZZ 2.TrJ5 9,128 4.754 4.374 UREU eo,tN -410 79.590 CIRJA NFM 12.370 -11.477 893 Wharfedale WaterCoG 16.5n -16.572 277.975 593.349 .725.839 11.366 156,851 Restricted grants are received to complete set objecb.ves aged betsveen all parties. Upon completion of those objettives. funder5 have agreed to waive their ri9ht of recourse on any Unspent grants. Accordingly. unspent residual grants have been transferred to unrestricted funds. Where the Trustee5 identify that a project's costs wlll exceed the grant fundin9 then full provision is made for those costs within the unrestricted fund. The provlsion for such situations at 31 March 2021 wa5 £11.366 (2020: £19,516) 10. Related party transattions There were no lated party transactions during the year. 11. Controlling entlty The Trust has no controlling entity. 12. Contingent liabilities During 2020, a third party had threatened to take legal action against the Trust. The legal advice obtalned by the Trustees concludeil that the daim has no merit and minimal chan of Success. The Trust has been involved in a substantlal project which ha5 suffered from a number of disputes with the owners of the property on which the project is based. The disputes have included the threat of legal action and may yet result in significant liabilities. While the Trustees are unable to quantify the amount of those liabilities if they were to arise or the likelihood of those liabilities maierialising. they have worked extensively to mitigate the extent of any liabilities. To that end the Trust is no longer involved in the completion of the project, which is being taken forward by the national Rivers Trust and the Environment Agency. The Trustee5 have reported the matters ferred to above to the Charrty Commission who are satisfied that the Tru5tee5'are ijealing with the matter appropriately and responsibly,. 17