##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|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|
##
##
##