2022-12-31-accounts - Wild Fish Conservation

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Trustees
Mr William D A Hicks KC	—Chairman
Mr Anthony R W Bostock	—retired 25.11.22
Mr David W Rowiey	- retired 25.11.22
Mr William F Sandford
Mr Neil H Cooper
Mr Steve Edge
Mr J Tarquin Miilington-Drake
Mr Victor N Beamish
Mr Simon M Browne
Mr Clement Booth
Ms Angela Webb
Mr Simon Clark	- retired 10.03.23
Mr Robert J Hollis	—appointed	23.02.22
Mr Philip A F Studd	- appointed	23.02.22
Mr Carl Sayer	—appointed	23.02.22
Prof lan Cowx	—appointed	05.05.22
Mr Philip Chessum	- appointed	25.11.22
Mr A Digby Flower	- appointed	25.11.22
Miss Lucinda Mantle	- appointed	10.03.23

									2022	2021
							Unrestricted	Restricted	Total	Total
						Notes	funds 6	funds f	funds 6	fundsf
INCOME AND ENDOWMENTS					FROM
Donations and legacies						3	500,540	177,748	678,288	729,105
Other trading activities							98,535		98,535	102,179
Investment income							7,504		7,504	6,929
Other income							377	42,733	43,110	41,541
Total							606,956	220,481	827,437	879,754
EXPENDITURE	ON
Raising funds						6	159,474		159,474	97,917
Charitable activities						7
General							296,142		296,142	282,812
Juniors Fund								110	110
Water Action								135,950	135,950	133,663
Aquaculture								173,411	173,411	125,779
Red List										25,000
SmartRivers								137,948	137,948	113,731
Total							455,616	447,419	903,035	778,902
Net gains/(losses)		on		investments			~50,221)		~50,221)	25,014
NET (EXPENDITURE)/INCOME							101,119	(226,938)	(125,819)	125,866
Transfers between			funds			21	(239,525)	239,525
Net movement	in	funds					(138,406)	12,587	(125,819)	125,866
RECONCILIATION			OF FUNDS
Total funds brought				forward			710,037	107,513	817,550	691,684
TOTAL FUNDS	CARRIED FORWARD						571,631	120,100	691,731	817,550

				2022	2021
		Unrestricted	Restricted	Total	Total
	Notes	funds 6	funds 6	funds f	funds 8
FIXEDASSETS
Intangible assets	14
Tangible assets	15	3,258	4,240	7,498	7,577
Investments	16	369,159		369,159	402,428
		372,417	4,240	376,657	410,005
CURRENT ASSETS
Stocks	17	4,454		4,454	173
Debtors	18	101,558	16,796	118,354	73,047
Cash at bank		127,927	115,486	243,413	380,814
		233,939	132,282	366,221	454,034
CREDITORS
Amounts falling due within one year	19	(34,725)	(16,422)	(51,147)	(46,489)
NET CURRENT ASSETS		~199214	115,860	315,074	407,545
TOTAL ASSETS LESSCURRENT LIABILITIES		571,631	120,100	691,731	817,550
NET ASSETS		~571 631	~120100	691,731	817,550
FUNDS	21
Unrestricted funds				571,631	710,037
Restricted funds				120,100	107,513
TOTAL FUNDS				691,731	817,550

				2022	2021
			Notes	5	5
Cash flows from operating	activities
Cash generated from operations			1	(121,296)	117,378
Net cash (used in)/provided	by operating		activities	(121,296)	117,378
Cash flows from investing	activities
Purchase oftangible fixed assets				(6,657)	(9,180)
Purchase offixed asset investments				(209,720)	(90,052)
Sale offixed asset investments				192,768	89,584
Interest received				12	187
Dividends received				7,492	6,742
Net cash (used in)/provided	by investing		activities	~16,105)	~2,719)
Change in cash and cash	equivalents		in
the reporting period				(137,401)	114,659
Cash and cash equivalents		at	the
beginning ofthe reporting	period			380,814	266,155
Cash and cash equivalents	at the	end of
the reporting period

ACTIVITIES
										2022	2021
										f	6
Net (expenditure)/income			for	the	reporting	period	(as	per	the
Statement of Financial Activities)										(125,819)	125,866
Adjustments for:
Depreciation charges										6,736	5,564
Losses/{gain) on investments										50,221	(25,014)
Interest received										(12)	(187)
Dividends received										(7,492)	(6,742)
(Increase)/Decrease	in stocks									(4,281)
(Increase)/Decrease	in debtors									(45,30'/)	97,836
Increase/(Decrease)	in creditors									4,558	~79,945)
Net cash (used in)/provided			by operations							~121,296)	117,378
ANALYSIS OF CHANGES		IN	NET	FUNDS
								At	1.1.22	Cash flow	At 31.12.22
									6		8
Net cash
Cash at bank								380,814		(137,401)	243,413
								380,814		(137,401)	243,413
Tote I								380,814		(137,401)	243,413

DONATIONS		AND LEG	ACIES
				2022 6	2021f
Legacies				59	93,511
Membership	income			170,579	190,834
Sponsorship,		donations	and grants	507,650	444,760
				678,288	729,105
OTHER TRADING ACTIVITIES
				2022	2021
				6
Fundraising	events and		draws	98,535	102,179
INVESTMENT		INCOME
				2022 6	2021f
Investment	income			7,504	6,929

Raising don	a	tions and	legacies
						2022 6	2021f
Office costs						17,173	14,860
Recruitment	and retention					5,049	1,602
Irrecoverable		vat				34,952	32,453
Entertainment		and other	costs			1,223	1,584
Rebranding	and website		rebuild			46,031
						104,428	50,499
Other trading		activities				2022	2021
						E
Administration		offundraising				5,596	6,162
Office costs						3,776	3,307
Irrecoverable		vat				7,686	7,222
Fundraising	events and draws					26,855	30,727
Cost ofsale	stock					1,011
Rebranding	and website		rebuild			10,122
						55,046	47,418
Aggregate amounts						159,474	97,917
CHARITABLE ACTIVITIES COSTS
				Direct		Support
				Costs	(see	costs (see
				note 8) f		note 9) 8	Totals 8
General				267,849		28,293	296,142
Juniors Fund					110		110
Water Action				135,950			135,950
Aquaculture				173,411			173,411
SmartRivers				134,697		3,251	137,948
				712,017		31,544	743,561
DIRECT COSTS OF CHARITABLE ACTIVITIES
						2022	2021
						8
Staff costs						493,989	348,396
Members communications						30,411	47,280
Office costs						7,291	5,727
Sundries						1,578
Education and training						110	500
Projects and		research				4,421	9,379
Consultancies						6,648
Travel and subsistence						4,168	824
Aquaculture						44,037	56,538
Water Action						55,080	94,819
Red List							25,000
SmartRivers						64,284	64,689
						712,017	653,152
							Continued. ..

						Governance
						costs
						5
General						28,293
SmartRivers						3,251
						31,544
Support costs, included		in the above, are as follows:
					2022	2021
				Smart	Total	Total
			General	Rivers	activities	activities
				f	5	5
Auditors'	remuneration		6,500		6,500	6,500
Auditors'	remuneration	for non audit work	500		500	500
Office insurance			10,501		10,501	8,501
Trustees	expenses		108		108
Legal and	professional	fees	2,703		2,703	3,400
Other costs			4,496		4,496	3,368
Depreciation of tangible		fixed assets	3,485	3,251	6,736	5,564
			28,293	3,251	31,544
NET INCOME/(EXPENDITURE)
Net income/(expenditure)		is stated after charging/(crediting):
					2022	2021
					8	2
Auditors'	remuneration				6,500	6,500
Other non-audit services					500	500
Depreciation —owned assets					6,736	5,564
Operating	lease rentals				300	1,670

STAFF COSTS
											2022	2021
											9
Wages and salaries											432,691	311,319
Social security costs											40,797	22,634
Other pension costs											20,501	14,444
											493,989	348,397
Total termination payments			amounted		to 85,000 which were paid during					the year.
The average monthly		number of		employees		during	the year was		as follows:
											2022	2021
Full time management		8 admin									10	5
Part time supporl											3	6
											13
The number ofemployees			whose employee			benefits		(excluding	employer	pension	costs) exceeded	260,000was:
											2022	2021
570,001 —880,000											1	1
Pension costs relating		to these employees				were F3,605(2021;83,190).
COMPARATIVES	FOR THE STATEMENT					OF FINANCIAL ACTIVITIES
									Unrestricted		Restricted	Tote I
										funds	funds	funds
										5
INCOME AND ENDOWMENTS				FROM
Donations and legacies									495,917		233,188	729,105
Other trading activities									102,179			102,179
investment income										6,929		6,929
Other income										1,193	40,348	41,541
Total									606,218		273,536	879,754
EXPENDITURE ON
Raising funds									97,917			97,917
Charitable activities
General									282,812			282,812
Juniors Fund
Water Action											133,663	133,663
Aquaculture											125,779	125,779
Red List											25,000	25,000
SmartRivers											113,731	113,731
Total									380,729		398,173	778,902
Net gains/(losses) on		investments							25,014			25,014
NET INCOME/(EXPENDITURE)									250,503		(124,637)	125,866
Transfers between	funds								(195,047)		195,047
Net movement in	funds								55,456		70,410	125,866
												Continued. ..

13.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
			Unrestricted	Restricted	Total
			funds	funds	funds
			8	8	f
	RECONCILIATION OF FUNDS
	Total funds brought	forward	654,581	37,103	691,684
	TOTAL FUNDS CARRIED FORWARD		710,037	107,513	817,550
14.	INTANGIBLE FIXEDASSETS
					Website
					costs
	COST
	At 1 January 2022				14,520
	Disposals				f14520)
	At 31 December 2022
	ANIORTISATION
	At 1 January 2022				14,520
	Charge for year
	Eliminated on disposal				~14,500)
	At 31 December 2022
	NET BOOK VALUE
	At 31 December 2022
	At 31 December 2021
15.	TANGIBLE FIXEDASSETS
					Fixtures
					and
					fittings f
	COST
	At 1 January 2022				31,312
	Additions Disposals				6,657 J1,490)
	At 31 December 2022				36,479
	DEPRECIATION
	At 1 January 2022				23,735
	Charge for year Eliminated on disposal				6,736 J1,490)
	At 31 December 2022				28,981
	NET BOOK VALUE
	At 31 December 2022				7,498
	At 31 December 2021				7,577

						Listed
						investments
						f
MARKET VALUE
At 1 January 2022						402,428
Additions						209,720
Disposals						(190,154)
Revaluations						~52,835)
At 31 December 2022						369,159
NET BOOK VALUE
At 31 December 2022						369,159
At 31 December 2021						402,428
All listed investments	are		held	in unit trusts.
STOCKS
					2022	2021
					f	f
Goods available for resale					4,454	173
DEBTORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
					2022 f	2021 f
Trade debtors					7,931	4,493
Other debtors					110,423	68,554
					118,354	73,047
Included in other debtors			is f6,732 (2021:f6,092) in relation to prepayments		and accrued income.
CREDITORS'.AMOUNTS			FALLING DUE WITHIN ONE YEAR
					2022	2021
					f	f
Trade creditors					12,677	2,414
Social secudty and other		taxes			17,057	13,586
Other creditors					3,374	6,029
Accruals and deferred	income				18,039	24,460
					51,147	46,489

Minimum lea	s	e payments	under	non-cancellab	ie operating leases	fall due as follo	ws:
							2022	2021
							E	6
Within one year							600
Between one		and five years					2,100
							2,700
MOVEMENT		IN FUNDS
						Net	Transfers
						movement	between	At
					At 1.1.22 f	in funds f	funds f	31.12.22 6
Unrestricted		funds
General Fund					396,306	151,340	(156,911)	390,735
Designated	Fund —Water Action				200,000		(30,000)	170,000
Designated Revaluation	Fund - Communications Reserve				50,000 63,731	~50,221)	(50,000) ~2,614)	10,896
					710,037	101,119	(239,525)	571,631
Restricted funds
Juniors' Fund					1,371	(110)		1,261
Aquaculture	Campaign/Salmon			Farm
Reform						(104,672)	110,000	5,328
Water Action		(previously	Chalkstream)			(125,285)	125,285
Smart Rivers					105,742	3,129	4,240	113,111
Sea Trout					400			400
Red List
					107,513	(226,938)	239,525	120,100
TOTAL FUNDS					817,550	(125,819)		691,731
Net movement		in funds,	included	in the above are as follows:
					Incoming	Resources	Gains and	Movement
					resources f	expended f	losses 6	in funds f
Unrestricted		funds
General Fund					606,956	(455,616)		151,340
Revaluation	Reserve						~50,221)	+50,221)
					606,956	(455,616)	(50,221)	101,119
Restricted funds
Juniors' Fund						(110)		(110)
Aquaculture	CampaigniSalmon			Farm
Reform					68,739	(173,411)		(104,672)
Water Action		(previously	Chalkstream)		10,665	(135,950)		(125,285)
Smart Rivers					141,077	(137,948)		3,129
Sea Trout
Red List
					220,481	~447,419)		(226,938)
TOTAL FUNDS					827,437	(903,035)	~50,221)	(125,819)

									Net	Transfers
									movement	between	At
								At 1.1.21	in funds	funds	31.12.21
									8	2	8
Unrestricted		funds
General Fund								467,467	225,489	(296,650)	396,306
Designated	Fund		—Water		Action			120,000		80,000	200,000
Designated Revaluation	Fund —Communications Reserve							20,000 47,114	25,014	30,000 ~8,397)	50,000 63,731
								654,581	250,503	(195,047)	710,037
Restricted	funds
Juniors' Fund								1,371			1,371
Aquaculture		Campaign/Salmon				Farm
Reform								10,000	(71,954)	61,954
Water Action		(previously		Chalkstream)					(123,844)	123,844
Smart Rivers								10,165	95,577		105,742
Sea Trout								100	300		400
Red List								15,467	~24,716)	9,249
								37,103	(124,637)	195,047	107,513
TOTAL FUNDS								691,684	125,866		817,550
Comparative		net	movement		in funds,		included	in the above are as follows:
								Incoming	Resources	Gains and	Movement
								resources E	expended f	losses f	in funds 6
Unrestricted		funds
General Fund								606,218	(380,729)		225,489
Revaluation		Reserve								25,014	25,014
								606,218	(380,729)	25,014	250,503
Restricted	funds
Juniors' Fund
Aquaculture		Campaign/Salmon				Farm
Reform								53,825	(125,779)		(71,954)
Water Action		(previously		Chalkstream)				9,819	(133,663)		(123,844)
Smart Rivers								209,308	(113,731)		95,577
Sea Trout								300			300
Red List								284	+25,000)		~24,716)
								273,536	(398,173)		(124,637)
TOTAL FUNDS								882,704	(778,902)	25,014	125,866