REGISTERED COMPAhY NUMBER: 06100324 Wbd W•ks) RF.GJSTr.RFJ) cHARV hlJMBF.R: IJ27415 A.Hugh¢>J(KKs. Dysoo & Cv. s( Penrallt iL55 INS
orth W•i RIveTnNI Ltd Prye epwt of tbe TrMtets ITWnt Eurniner'i Rep Cb Flow Statement 12 14o¢e• (o the Fi•w SiateHKlll 13 NotE• (othe FINllDd*l.Ststeme4ts 14 to 21 De¢•lled Sl•teJlleD¢ o[FIllrI Arllvld 22 to 23
rtb Rlver5 T Tr 31rt Marck 211 The tnwe¢8 who dirECtOf5 of the charity fw ihe of the crleS ACL 2tM)6, present their reprt the fingnctal stalemcnls ol" ihe ¥i)arity for the yw et¥J¢d 31st March 2025. Thc InttS ha athpted the provisions of Ac£¢Amting alld by cF]ti.' Ststrjnenl of Rccu]nmcttdd PM"ticc applicable to ch2riti(s preparing trir a¢counts ITh a¢cordw with the FinancHi Rq¥Mts"ng Stsjmlard wlithl¢ iti the UK and Republjc ot"Irelaud 102) (¢ffe¢tiv¢ l J4wuary 2019). ObJe£tlvN ¥nd almi Mission Ststemu&. Ai North w¢ RivtrsTfLLSt Lr4 our mt&sion is ¢0 enhallce the aquatic and cE4JIo8iral lthitats ofthc llVCTS Within (]ur Of Dcnbi8hshirr. Coyjwy. Anglcs¢y, N(Kth cut1 North Powy5 aTKi fiwyncdiiver¢ardun¢N&By doing $ve aim to restore rivers bxk ts) 81 hcaith. IAl l. Enlwcin8 Blodiv51tY. W¢ ate commilled to enriching bjodivusity Thithiti river c4t¢hmeuts by irwwing the tWuhhtii of [11¥¢ srtti¢s in ow riveTr. streams, siill ADd thcir sum)uthlin8 envitDnmts. Ttrough initiaiive& w¢ jim th crtate thrbving thai a divu¥ of lif¢. 2. F4lucai?nn and ConscrvatiOD: We belicve in the tsseniial role of edwIC In F[crIng undeTststtdin8 Ij appreciation for riwuiDr b4thit8ts und tht wildiifc th¢y suty. (Xw mgS5i(rti is to enlwicc public #w&renc&s of th¢ importance of It pr()kciin81 and r¢wuliing these fflncal envirill¢n Dy pr(rtTho ffliryronmental 5trward5hip. we irknviduats to tak¢ on wve Tole in AAfc8wth8 thcir IOCBI rLosyslLIts. 3. Suyainabk Economic Beneti.. Wc for sus&irtfyivle pro¢iices laa kn our ritrcrts artd their ecosyst5. RewlTing tu)MI wtenuai of thrse resou 5uprM nwal Tryc1Wdti projects rcsponsibly ]11 these while etwing a balaJKed apprrAch heknvecn ce(AK)mic and thwir(AllMthl ingtity. 4. Environmer1 AwarcDCts: Wt ¢ dedicthd to IXiSiti8 awllr•%56 about rnvirrmental challenges. We promole best FYaLtices in rivcr maDagcmrni thmugh Ba1n8 Lwtr¢a¢h prwarnfi. Impac] campuiuN. atMI mcanin8fu] pwttotrthips. To8ether, we can illvolv¢ individuaK commuTritia% and stakcknkltts itt the viui effort pre6¢rv¢ 5ustsiM¥bly maM8e ujr rivers. 5. RccrcatirAwi Eniuymcn¢.. Wc Tcw¥nis¢ that rive lakffj and W1ndS Rerve invaluknlc for rre and Icisurc. Our 8081 is to fxilit the Tesp)nsible enjoymem of itW TtaluTal wcts, cn5urin8 ihry Temoin ac¢e85ible Atsd aFrJr¢¢ithL providin8 solac¢, in5piNion, aJNI oNMirwmlies lor 4dvcLturc for 8lL 6. Rwarch and Hahiw Reth>ryati(XL.' We art ctimmitkd to ongoing r¢s¢arth and impl£entIng Naeu cffons ih8l tIvelY 51W)rt thc matntcnatycc. $)ratI1. 4rKi Mhan¢¢meni of habitsts thrOUth) the catrhment By mrr8its8 sGienufi¢ insights with aclionAble styegi4 we wiv¢ w make si8llLtLLxt Strides lowvd {¢4rdIng and rcvithlizingthcsc essetiti cclwstthis. Thrwgh thc¥ d¢dicakd 8oaLs. Waits Rivets TnL4t L. is fumly f prwNnB the natsral ixauty ol. Ar river5. We ad¥LK4 ( &usfuLtuble practicKs that bcrtfft t¥Jth ow ecosystems and the comThunstscs thui up)n th¢tn. Wc mtc w11absx.0o Im this iniy0rtL JIX 15 wc work logcthcr ts) nurture vur ¥lld LYex¢e a P•bllt btTrefit The trustees ronfirtn that they have hal thje regard the Chan'ty Commis510n's Buidancc on public bcnefii thwughout thr yrat. AU adivitirs undrttskts bv North Waks Rivcrs Trun arc to dclÈvLY iL1t public bBncfsl ttrffou8h imprnving Wdtcr lty, ctthancin8 IXnth'vcpry. 5trCnbcThin clima r¢siJiettce. surp)rrinB crJmtwTrity w¢llb¢in& aNI tfft)*iding al ensd8ement ITqM)rtunilics Nonh w¢&
for thc Year Ended Jlst March 2I15 20242025 ha5 becn aD exciting and strglY year f North Wdcs Ri$ fntsL Building on our prcvious i] of wowti wc succcthlly diversifi our incrAne streams thks year. As a rtsuli the organlEAtion'% long-tem r¢sib"ence vas streDgthene¢ enablin8 to cxpaDd our proieLX ntO11(> and a widcr rangc ol. ccr)Icrfical iorits¢& indudttig iEnprovinB watrrqua]ity. rcslL¥in8rivcrlMbNaW gDd nalive spxi This year brthl a significant hrozkning nf nur wic%-6pxifi¢ r¢smtion wotk. DedIted progr2 for the B1 Torw>ch (Arctic charrl and thc Fruhwcr Pearl MuK8cI major &fv4Ths. W¢ in¢r¢a6¢d juvenil¢ mussel spawning BrouThJ$ by illcr¢asiog gravel beds atbd idcniified ncw habiial tIL% for ArcLiC dJJrr. By forLLsing on the unique prc&sures fa¢cd by thcsc rdrc and ojltur81ty unFnant specie4 we Iwve dEte41 bLitil UnderSTan(b Toget1, th nitiativcs have estsblished & fouDdatm for10ts84erni Ttcovery effoJTs. IntVati divenifirntioTK aml ambition have mthed 21Q4-2025. We exp&tMled our our Eqrtllrtshi and iTrryr&d cn8ag¢mmE px101ng Notth Walt6 Tnjst to ddiver eNen grcJtcr impacl t] the yeats ahead. However. se¥¢re pressuru remiiti for riva5. Clitnatc dw1. and W)itht fragm¢nwion ¢tim1¢ threotcn the resilie¢ Df ow fr¢slLwaier systans. Mr¢¢iD¥ Ibc&e challcn8e5 will require collaErsfl shaMI ¢xp¢rti5 alld &thIn¢d commitmcnt fT6Xn CmunItie wmers. 8nd srAkeboJders acn)&s Notth Wales. We ittvite you W jvitt In 202425, we con1inu our cOmlrn1 Tcth)rin8 Wkl athan¢1 I1 river wildlif¢ h•bitst4 Wmi en8ageJnert. HighlighLS of the yw include.. - Lkliv¢red 41 reOtith projects - up 22kn? ol'river lor gWdWtiitt8 fith - Created 75(kn2 of wdlarK4 - Crrad 9.6ktn of riFWittrt wildtifr corri(kY Planicd4045 tre FAged 1045 volunt¢US Edura¢cd Trvt¥ 5CKI Ich1 pupils on river heajth . Carried 34 sLithtifir suThcys C48¢ Sludy l.. FloAullB Wdlaods Pl1 PrDjecL- Year 2 The Floating Pilot Proje¥% ts now in its secLMd ycar. It corrtmuE5 u) dcmonstsate thc Wtixl of floating weiland syxtttr7K% • a nanwe-bastd soluti(M to iryrov¢ waoi qualiiy armt aihwicc biL¥livcThity in North Wale5. The projtLI iovolw¢s 14kes on Yny5 MOL Eath l•k¢ is sthje¥l lo a diifereot level o( ii#crvcfttio]i otsc with a flOing WEtian& vn¢ with o flIM¢ing wdJuThl and imtwv¢ments. aod t¢ Ser<u bilc. lring Year 2, we ¢ollwleted the full msta111M of thc bdand mothile5 Znd expaDded our monittKill8 We with1 with 10 schLX)ls on Dty build-your•own It(1ng wedand cla&sroom [Jects. Bnd tr4ined volunt5 Iductryi rotjtimw water-quality mlI0T1& fr¢shwY¢cr inv¢[1rbtC S, and plant and algal sampling ¥( all sitts. Fxtty firndTng5 inditatc th# the wetland s¢rnctur&% a]r¢ty FfUVM]ll I,ulb1¢ ha"rat f(Jr aquatic iiivcrt£bratr alld surwting improvLynenLS in ecologjcal cotxIJ. The project Iws ajso stret¥tJ*td coNllnunity involv•nenL L(KaJ volwilew5 fonna a dts]iLttrd motsiluring gwu Pkrti¢ipated in sarr4JliD& cullcct¢d dat4 and clcand se77cs. Sdwls and nn}iry orga0isatis ¢ng¢d with the ttrujcct through ethwational sessious amd pImi-Oftg xtt"Yitics linked to walalld rGs¢oration. .%et4md yr has c(Mtfirm¢xI tha¢ floating wcilaThls offcT a wxlical. I04p¢t methcrtt hanCing both bA1v$ity aod water quality. The eviden¢¢ gathered sv far SUsts s11 poldE for broader ad(wtion a¢rLKS North W¢$. As tht tut ph. we will analys¢ I18.1<r Dutrielll Iiplakc. mcasurc eco10Cl changc4 and ¢vakM whetber floatin8 wetian¢ts can scale up nf wi¢Jcr elt-wIde WaterJ1rY soluiioJLS. Thi's will fomi part nf a longer thfee.year study. We have workcd with farnh ar1 the £S to imwove qu81ity from th'ffu lJutioD. C&se 2.. Prosie¢tTorg(Kh. the Eryri T{ {AruK ckn) Page 2
North Wales Riven TTUStIAd
forthey
31st MArch 21J25
PleI TOrg4) is Nonb Wales Rivexs TnLSMJn. Liul s¢h(M)1s pmrt in crrAtiv¢ #r1
educats.onal aciiviti¢& irKludLtag th¢ d¢v¢lown¢ni vf 4 ikn'lfjrrn's aN)t th¢ IT¥¥hW4¢ pwl mussrl its
enthigered habital rai%ing yauth and itrterest in river ¢4$t8110. We aJ&) partnttth with local nrS to
delivLY l(Y pupilh on thc liltxryde of SaIn)n arnl trou14pecies essentiaj io the mvssel's repr(Klucti(ffl4Jelping
dcerKtt Understading ut. the illonI¢l0fftS withjn river ecc6y4¢rn and mspwing the nexl genernts.tyj of
MThJitorin8 and citizcn 5cirnce LoniiJML¢ lo the ryojecl and benefLi long4emi smvardship. Sthff and train
volunts¢rs conthJGfcd sTrorkel survey4 habilai &w&smenis. and waiu44ualiry monitswing to track mu85el presrnce atml
th¢ su#e86 of restoralion efforts. IAoduwners ld (xxnmunity gtO4Y& panicipatrd in plallting days. sampling
workthops, and river health activitits. thff dirtttly incming knowlulge and fil&•r[n¥ a ¥en¥e of Shared
ownrrslup catchtnenl's h¢alth.
The frrshwdler pvaA M¢1,$ rcwvuy (kFaJd5 on IAlSrIC aL*ion. By com1Mn ftst(titi, herFta8e skills. educatio
and comtrnnity Efforl the project direcdy tsrgcts thc LIMdJ"tirms requirol fr)r lon84em suryival of this endangered
SleS in the Af(ffl Fthn.
Nrxt ycar, we will keep up this WO with new firAkn"ng that wi]1 Id us wk tnOTC C1[tIY with f¥xttLCf4 tsckic SO¥Jrc of
soil alld watrt poll10 a help crcatc bca]thi¢x SWning are ThiE (fflgoing ¢ffort aims ro secure a safe fulltre for
the rtEshwatrrpcaA mu$5el sn Nthth Wale5.
Page3
Case Study 4.. Proj1- C&¢(18 Riw Marinc EnvirmenL8 and cnMunitieS The Swimways Prw¢N 15 a new proj¢¢t to IKlp fish attd thr rivcr arauf tra1 more rasily. tnHkc and ras cal"tr. atyj 8etTKqJle involvcd by cxtknng llnduWa natll. This yegr, th¢ Tnm Crea1 sn(kelling knijs xt¢)ss GWyj WM] Ynys MoF4 ]nEd voluntrcrs thrr)uMb Lfrtifird lcd guldcd snorkellm8 ¢V¢DL5, and fowid the plaLeS tv czplorc. Th¢c tr4tls Lrt pwpic src utidcrwattt lif4 check habi condition5, and collect cnTh%rrion da ID paEalleL the Ttust deknvtted subst1 rivcr•fcstintioD with flLs UD halmtat imwuv¢m•]t waQrquaJity pretti0. On the Afon Brainl lyllg Mbttl.. we itistailed tthcin& crcatcd riparian bullcr zonGs, and pland nativ¢ trcts to prorcct rivert)anks from liv¢suK'k erusim Ij TrtMrien( ftuff. LivcJi¢xk drinkinB truuths wue inBulled to rcmove rye5we from th¢ rivff. anLther Si a thrtlid f(d was dLcd allcr & bridge repaid the rivcr. TAthilc wo(xlland planting and iwffer-74WK cstabl1sFtt itnwved hthirat qualiry. Other a¢tson6 included remeanderin6 riveTS by rctonn¢ding thcrn th¢ir histyic pdeorych8nn¢ls and using m&h)ds slow water flow on sMJ¢ 8trewns reitig low the AIOD BrniDL Thi& hel redcE TllutIon. cre4tr a Ixtter vwicry of hubi¢ats' for wildlifc. gnd makc arcas lik¢ly lo tl(xMq. YSAL Club. cDablcd volLrnte¢rs to safety uplore rivas. oiwve 4uaLi¢ wildlife, and cotttrikn t CLtit¢n-Sciecc monitoring. Volumeers parttiipte in habilal biwvcys. inv1Ve species mppping. and ecolvgl dats cnllcairm. This ¢ug8g¢max itt¢r¢asts FliC CLWlltCciil lo rivcrs and awarene nf the wr81 mle of healthy aquatic habitaL Th¢ Swimwtys PD)jtts main pwNJsc i% to TfwnTKrt aquatic sp1¢8 and Frtx)pl¢ wth rivas and ¢ts by resiorittg min rnutts, impruving hth'¢aK Involvi cornrnuniuLs. This muhifaecwl Iwild5 heAithy. rc8iliEnicLX)Sy%ttmN and inspir¢s ol¢wardship. iDvolvement WAII ww. and ci>llecdd•tswill iDfom] widerre5Wi(ffl alld COTL$em acrnss Nthth Wakx. Study 5.. Roots Projxi. Conn108 CotiJmwtic& L1 and Wa Rocrtb ib M tIu8thip c4xllmuDity cnga8cmeni and ¢a¢chmeni iDiiilluve by Nurth WJICN Rivrn+ Tr%[. llie pj1 ¢xpiwes th¢ deep c¢JtttteLliun beten people. land. and fr¢shw¥¢f systcjm. urban and alskc . and sc¢Ls tu IlId inclusive, I&. stevArdship of rivm WatLTCnuf, and ¢atchm¢nrs. Ovcr thc cour5c of the projÉ4 we hAve en8a8ed a br and divcnc youp.. 464 parti¢ipanLS w f¥r, including 12 hoois, 13 community 8 urAand famY4& ood widcr comtnunity. Thrwh 19 Wo&hops. 6 8thstis. and collabolation a universiry, fr)IlrJAed over 312 Picc of ¢itizcnv5cien¢¢ dats to detpm UDdMs¢atknlin8 of local frashwkn 5yStcm&. Rwts to CO4Jvii8n o mults8¢ttthtsol BIy¢pTint with crnvnuniu¢s and 8¢ietttifi¢ til818 LYL natutr4xxd catrhment int¢rvenrions. PilLKS. fIL biochar aFvllcauor w biva]i'e reintr(th¢tioft, gerk ty ¢hre ews1)5 and [rdC Tysk. Thc WOjCLt bl¢o(1s SLllenEifL¥ with Lxmrnunhty-led rcco8rring lasullg liver health relies on rwle #% much as uology. In Pho8e Twq Roots Ès tcsling prdclIc INt]tionb and rtrI8 c(munity owocrship. Bv working with famie residents. and lo¢al WUP4. the projcci aiffl5 to Teconn¢¢T proplr with thc rttvIrwrnll rebjiid awarcnw of healthy walet Sy5tcll]4 pilot ILKal. s$(ainble solutiThL R(K>ts 5hoTr3 that restrwion and educ*ion so hand in hand Wthshcw dats cnll¢aion, plaTming cnable tffcviously d¢seDgag¢d pctylc lo garn the skn'lLs aNJ m1¥1110 to acL Thc urgIng Wth¢1 Rlueprint will guidc fu(UWE h¢-sCale intcrvclltLLWLS by wmbinJn¥ s¢iUW%. voic4 8nd &chl a¢b'rffi. sum. R(x)ts is ty¥ll6forming rE]atiOTL%hIF lTheeD la1, waw, alld people iti Walcs4)uildinB thared rtsp)nsibility. l(ul eng4men1 and eco11] COVery foT liilure generations.
North W
ror thEye Ended 31it March 2025
ANCIAL REVIEW
Fthincld po•ttlon
Th¢ North Wal&$ Rivers Trust this year was £835867. {2024 £840.1)261. This reflects th¢ Charity's of
divcr5atyn8 ftmdrng rEStried project fund8.
Reserves at tbe end of the fa[ll yearwere LtA14.819 of which £245.518 relatrd to restriettyj futtts.
Rt¥erves policy
The North Wales River8 T aim5 to mxinlain unrestri¢d r¢&ev ai a l¢vcl ¢(pivai¢ni to six of Core
opthE cost& The trustees Cder ih&% level io cnsur¢ the lonB-teTm stability of the chuity and its ability
to reSp(d effectively ¢0 fiLancial uDcenainii&%.
This target provides 8 sllfewd agai1 uttexF¢aed rtyjuciiorts in IrfLN¢, Lables the cluvjty w inawe titt)in8
¥JrnmitmcnL8-can k mct if n4uirrd. Maintsining this kvel of rescrv¢s atso 5L4JP)ns organi7ationa] r¢%ilitn¢c during
pviodsof co8¢ inflation And allow5 charity invest in esseniiai Alifdevelw1 ind trninin8.
Thc rntsccs rcvrcw the rc%crves )ilion rc8ulzrty througknt the year in linc with the clwitys fjnancial forecasts. If
tcserves excecd ty fall Sh{ of thc tarw Icvcl. the B¢)ard will thkc arnYryTiatc actirm tt> enwre rcKTYaS rcmiin at a
5U4aitwble level that suppL¥ts yaiiwai deliyLYy ld future wwd
STRUCTURF. GOVERliAYCE AND MANAGEMENr
Goverhlhl docoThtnt
Thc chan'(y LS c4Jntrollcd by ILS BmThing dcrtYM a de
Ntsrth Rlv Trnit for thr Ycar En rd 3Ast March 21125 STRucfuRE GOVERNANCE AND MANAGEMLvr OrgthlJdoll strn¢ture The OV5] governance and strategic di0 of N(%h Waks Rivus Tn tad is ovuse¢n by the BrArd of TrusLC WI Tncct reBularty tFwh(xrt the yczr to rnryew EKo8ress. sd orItie a7Mi cre that the thlln'ty is fijlfilling its )'v Thc Inigices are rqxxtsiblc for AlcY deLisio. finaTJcial oversi8hL risk manwmerLi ensumg ctynplianr£ with chrrity and ojmpany law. Day.1[Y manawrtht and qmtiott$ of the chamty aff d¢lega¢ed to the Lluef Executive o£rer {LFO). who is p)rte0 by a small 6thff team. The CEO provides r¢gular uJxiat¢S to th¢ Roard. y&illsand exptrictt netded by the organisation. VoluDtccr Involvcmrnt At the h¢0rt of thiysion at thE North Wa]Gs TrSt 1% the incrcdihk col]al¥)rHtion wryth VDluntCCrn. COTTmunity , 1ortdML¥s, Aaiu(ory Ith". [Chml1 gnd authotitics. To8cthLT. wc arc Si1[1CY Thi5 year. wc proudly launched our inaugural Lab Dwr Ambasswlor Programme, traininB 20 enthusiastic COmnUDity dic (dnl arc& Armed vlith skills and knowledge. thc&e now wereJJ to champinn river hL7dilu supwrt citizrn sciae inittafives and Ic3d ith hubs, and BcThr as vuluuble Irj a rcrTwkable thow of tommunity spiric over l.IXKJ &olwii¢¢rs dvc4[j thous 0( bour6 to imwtani river rrsivrntiun al monilLwing acliNiucs. Their cffts irKlu&d planting. habi I&¥c. In1Ve sPCCi¢5 Surveys. and d¢tsilul water quality mowt(w au coThttilMttn8 our citizcti icnce initsl¥cs. Adth'tionaily. wc Ib]Ith¢d t(Nr new SMART Rivtts hutm thri)ushtM Nthh Walrf ¢nAblin8 voluni#rs to en8a8e in high-r11 moniuyin8 or rr¢stLwattt lovellebres, whicb ptvidrs L11 rcolu8irai data whik rtthancin8 ILVI undrrstsndll¥ of riv¢r MoOtr, v0hueI witipatrd in exci(inR srM)wkel surv¢y4 h4tkn Otter habirai constntiO workshop4 and variuus Testuralion auivi¢irs #imd dl improving rivu habitsts and bI1Ver51ty. The passion. skill& and commitmcnl of our volwkets ar¢ ¢ss¢ntiai; they #rr drivllw forrc bchuyl our Mis61 8Ni play * crt111 rol¢ iti fastmll8 Cmullity wJrd%hip of tyjr preei(XLS rivers. Together, we creaun8 8 tffl8hi¢r fwour cnvironmenL The (w$lees teroBLiSC thcir rtswtLsbi ility for identifyin& &58ewin& and ry18 the mAJor risks faced by the Nortli Wal¢$ Rivers TnkL A rum] risk rryi¥Ycr is TnaiDknd rcvicwcd ICW81lY throu8hl thc yc4r. covcrtn8 8iTalC8i4 oimtionai, fthatte4, environts[ go%%rnarKe. ajd reputstith)al risks. 5. areas of fixus during the ye8r I1.. - 0wats.onal Rislq.. Porn"cuiarly those laTed with outtkMK rivu r¢sloTauon artivili¢6: Citizen 8¢ien¢e, 8JMI volunte cn8aBcmcnL. We h&vc StrEth¢ed our hdth wl 5afetV ee5. staff Illin8. dynatnic rssk 4ssessthe aj - Financial Risks.. Mitigat¢d throu regul8r iwdgE¢ monitsvin& muhyear project plannin& diverrification of iKome weatns. and oyersighi ty th¢ tr¢5, lead. m1(08. - Fmvirotuncntsl and Regulaw Risks.. Such wth¥ tiLJf Wdttt, b11cCI]ry. and thc %atC m3nagcmfnt nf equipment volutttrcrs. All suff and vnluDIEU8. rwtfftve appr(Wl¢ guithw aThl wc nuintsin Up.td£ insuM]rr and prof10al stktxlarts. The tr81 are SItsfi that appftvpriate systtxtLS in manage thc eharitys safdy and effectity. pro110T to the size and xale of the organrMion.
31 ¢JOIIX)324 (Wand wdWak51 ReRJiler•l Ch•iltyDul 127415 Gurl Yr A PFuSu l¥fflvnf¢d&9.24) LN J Mdner(¥WiAI 4.9.?J) C. J Whi AJWiAth(rJe.3D.Z N V•w{•miinl 4.9.24) A.IIu8WLNw ISon & C W5 INS Amove4 by Lr&roltheiKwd of Ifth 2(125 and si£0]Lrbrty.. C. J IVhio.Thll*¢
HAV4 m%self • C(xy45' P¥rt 16 ¢4 ihe Alt rfthl •t ebAthk fw ¢tt¥ eJatyMu¥i clwij's rrnd 14S rf Ao Jjll lilE aOII ..In) I• rvjt e¥MtrW I 1knlkwfy%leh) lty" 5Ftl 14$151 ib) 2011. arcwK% th rrryty wih Il rd 21th hri br4rJ fAIth &YlTrrWp5 01 th. IN V+lth R¢pxt Srarthrd aPplth I'.K lQepthlx vflth IFKS 11)2JI In rrxhrd Rr**I11 FC l.L55 l%S IrAhfknvprtor20Z5 P4Rp 8
North Rlven Trll Lt c Yrar td 3Ast March 20ts 31J.25 T•tsl fulld5 31.3.24 Total Unr&stTi¢*d Rutri¢r INCOME AND ENDOWMENfs FROM DjOn& le8¥CiES 1&612 8•7J43 785272 Other trnding activiues 9.412 JA12 54,754 Totsl •24 7,843 840,n26 EXPENDITURE ON Raising fid5 629 Rivtt Res¢orarion Community Fth¢a¢i 539.185 1311,120 6130 415,246 131,3R9 669J05 73S 54A635 NF.T INC()j1F.xPEwD1TuRE) Trwh8feYs betve¢n funds 138556) 201725 13L438 (262,725) 99,912 293,391 14 224,169 (124,J87) 293,391 RFLONCILtATION OF FUNDS Tvtal ituu¥bt fvnvard 13S132 369,705 SO1037 211,446 T¢JTAL FUNJ)S CARRtED FORWARD 359JOI 24S518 504,837
North w04 Rfvtn Tn1 Lid 31.3.24 Totsl unre$trK ReAri¢ted fid T•tal funds li 11925 Is,iii 20,148 Ikbtors C¥h at bank 12 124J21 234,691 1303 461225 3,056 483,-184 227J34 359212 233AI3 591625 486.440 Amounts fdling the within t)De 13 {1.097 (iJ24) (1917) 11,7511 NET CURRFNT ASSF.TS 34115 231J93 4.669 TOTAL kSSETS LE CURRENr 359JOi 14S518 flAl9 504,837 NET ASSF75 359JOI 245Jl8 6D4O19 504,837 14 UnMtri¢t¢d funds Rc&trt¢t fut)ds 35YJOI 24S518 135.132 369.705 TcifAL FUNDS 504,837 Th¢ chAritsble ¢onyny is thiil¢d io exempli fr( •udir uDder SeaiM 477 of the Compgjjics Art 20[ fLY the ye4r cndcd.41st March 2025. Tho h8ve not qUired the company to oi*am an autht of tts firwKial #alemts for the y¢Rr eJ¥knl 31 Marth 2025 iti accor¢Jawt with SlI0n 47(Trof the Companits Art 21MTrfi. Th¢ acknowledge their respotwbiliii¢s for (a) el)%ing that the ¢hantable c(Anpary keeps ary(MltiliDg rffwls thai mply with Swtiims 386 8n¢J 387 L¥f the Aci 21Kkn and prcparing financial Statrmtnts whi¢h givc a tye and fair view of the state of atTr4if8 of the charitable C4Nnp4ny as a¢ the end of each fJn8Aciai ycar and of its rrA th¢11 ch fLtwicia] yeAr in xttprdttntt with the rquirawits of Sections 394 and 395 attd whL"cb (Ahuwi5e CWY with the rqllit¢mrnis ijf the Cumtwi¢s Act 2LKknrcl8titi8 io ruw1?1 5tstrmrnts, sn far &% aN)licable the dwr¢abl¢ cor4)any. (b) Pag¢ 10
rm its Ihlf ty. LcJAJ& C J Wiifr TnEMve Pyil
the YexrERded Jllt Marth 202S 31J.25 31.324 Cash floT/sfrwll op¢r4ting Adivitle• 121,159) 348,777 Nd C&8h{uÉ11lyproVUledbY LwatiD8 activities 121.159) 348.777 CAsh liowi from IDveidllg attlvltt Purchase OL 1cd 122a28) Nei cthproNrydcd byl{USLuI in) inv¢5ting a¢tt"viti 122J28) ¢h¢ reportlwi ptrtod Cosh •nd ¢sh eqllivthDts It (kn bwnDiU ofthe rArtI£ pttlThl (21,159) 3449 41VN4 156,935 Calh amd eylvthfs •1 th¢ ¢nd or the reportlmz perlod 46U25 483.384 Pagc 12
IY•rtb Wxkn Rlvers TrAst Ltd RECOIYCIUAIION OF YET INCOME TO NET CASH FInW FROM OPERAThG Arn JiJ.25 31.3.24 Net lty¢ome forthe reporthi8 Petrd (as per tht StateThe of Fill1 AtttvltÉes) Adjustments hr. FkweciiLLiUn rharg 293 J91 6,716 50.058 11,388) (124387 (1. DTras¢ i¢J crrdirws N¢f cuh (ujed invprovided by operAtIo•s 121,159} 348,777 ANALYSIS OF CHANGES IN YET FUNDS 1.4.24 Cash now At 31J25 t C&sh at i*nk 483J84 121,159) 462325 483J84 (21,IS9) 462325 Totsl 483JA4 12J,IS9) 462325 P¥ge 13
N•Tth Wies Rfvers Tnmt L ACCOUNMG POLICILS Bw of prqmrlnz the Jtstemuts Thc financial 5tatcments of the ch8Titshlc which is a th11c benefit entity undeT FRS 102, have be pparty in acc(kn with thc Cblt$ SORP (FRS 102) 'Accounting aTHI RctAti by cbli1l%. Ststcm¢llt of R¢comtWa PNLic¢ atw]i¢ablr thlltilits. Prrpry thrir aLr(MJutb IA with tlL¢ Finthci41 RepwtTrng Stsndgrd 8pplirable in th¢ UK armj R4Nthlic ol" Irelarnl (FRS 102) lefflxtive l janu 2019}'. RqMrtiThg stalard 102 The FMa[lI1 KwtinK S[dard appbcable in the UK aThJ Rcpthlic of lrtlan& and thc CoTry)anics Act The financial qtatemcnts have prqmred undcr thc hi5tQTical c05t Jjvenuon. All iDcom¢ 15 r¢coBDi5ed the StatenMi of Financial ALYivities OftLC the ChIry bas entitlement w the fLmds, it is 0bIble that the illcome will be grd the atyyxmi Can be (neasu1 reliabty. Expe•dk•Ye Liabilities ar¢ r¢¢08nLs as eXllUre s7 as there is a le8al c¢Mstructsve obli881ion con)llJiUittB the dEan"ty ts) that exdIll< it is wobable thai a tratLsfer of beAefJts will be required io settletDeaT Bnd th¥ vl'thc vblsyliim rn¢as1 lIablY. ETpcnthtsTre ifi accounted for an arualS Iwis and h be¢n clwifiLMI und¢r h¢ading$ all co8t TrlJtr41 ro thc calcgory. IITrcTe costs cannot be directly auributtsl PArtirular he15 have dloEaJJ a(Aivitic5 bas15" consistr with thc Ubc or Tanoble Ilxed D¢EY¢ci4tion is provi¢kd * the Idlown8 nnuaJ rntes in Order to Mite off eth att OVLY its estimAttd usefvl lif¢. PJ¥nt and machin¢ry Fixtsjrts as fLttiti8s 25Y• ijn rethJLLn8 balance 25 rething balallc 25% on rtthcin8 balance Tu#¢ioo Th¢ dwity 1$ ex¢Dyi frlwn tax its" clwilablc Hctivitits. Fund •¢¢04n¢l Unrestn'¢d fiwds be used in accwdaD¢C chatitrhle rt)j1vG% at the dikyttion of the tntstees. Restricted can only b¢ used for parti¢ul•r strI¢l¢d purwses within the (pbjrcls ufthc clwity. Rr5trictions Furth¢r expla1110 of llam¢ 1 tKrptheof ch fitsHI is incluthd in th¢ notrs to the fmin¢ial $¢atemeThts. DONATIONS AND LEGACIFS 31J.25 31.3.24 17 785,255 819 826,455 785,272 Gr4Dts r¢¢¢ivul iti¢ludul isj thr abovr. as fdlows: 31.3.25 31.3.24 819,569 785.J5 P•g¢ 14
Nortb Wles Yrnr E dcd 31st Marth 21125 31J.25 31.3.24 FundraisinB cve4s 9J28 54,754 9.412 54.754 RAISIL¥G FUNDS 31J25 31.3.24 629 CHARTfABI.F. AcrTVrn COSP sp¢t wsis (Eec Diiecl C.(K4ts Tota Rivcr Rcstoraiion CommuEiity L,dllcatson 593W7 129375 11,619 ¢4)5.136 lJllJ20 722,782 12A74 135J50 SUPPORT COS Tntsjs Rivcr Restorduon CLKnrnunity EcallDll 57 3,161 Al.029 845 1,165 3.161 11474 NET INCOMEIIEXPLYDITURE) Net is statd aftcr dwBw/ILzeditinK): 3AJ.25 31.3.24 5,037 6,716 Page 15
N•rtb Wies Rlv Lt EndedJlJt Mrth 2(125 Thcte wcre no IrLte¢S, remwKratirn ff other incfits thr yrar L7Mlcd 31st Mzrch 2025 nor f(>r the year cnded 3 1st March 2024. Tkn wcte Do trust¢es' ex8 fur the ycar aMknI 31# March 2025 foT lT ¢nd¢d 3 l&t March 2024. ST AFF cofrs 31J.25 31.3.24 WaB&% ar salari 215J27 131.679 215? lJl,679 The aver88e thlY nurthEr of employ¢cs 4knin8th¢ ye4rwas as follows: 31J.25 31.3.24 MartL8em¢nt Proje¢¢ Noemploye¢s rtceived cmolurncnts in rx¢ass Of£,1KMj. COMPARATIVES FOR THE fATEmU OF FINANCL4L ACTIVITILS UDrcstri¢wl fund Restsicl Total Jnds INCOME AND ENDOWMEhlS FROM Dnnations and l¢g8blfS 18 785,254 785,272 iradin8 *ivitie5 54.754 54,754 Toi 54.772 785254 840,026 .XPENDITURE OY CbArttsble #etlvldes Rivcr Rest(wauoo Colrnllunty E(knattc 1297 413,949 131,3¥9 415,246 131,389 TL1 1.297 545.338 546.635 ]¥ET TNCOME 53.475 60.189 239.916 160,1891 293,391 Nrt movemrAt ID 113,664 179,727 293,391 RF0CL1ATIuIY OF FUNDS Tutal funds brougllt forward 21.469 189.977 211.446 Page 16
Nwth e1 Rlv T t L EDdtd 3litM#rch 21125 111. COMPARATIVFS FOR TFtE STATEMENf OF FINANCIALACTIVITIES. contlmed Uotestricfcd RestrictrAI Total fijnds TOTAL DTFNDS CARRIED FORWARD 135.133 369.704 504.5137 TANGIBtI FIXKD ASSETS Fixlure8 Pknitand achinuy M¢X vehicjes fittings COST Ai 1st April 2024 and 31st ma 2025 l•J28 14175 iiooo 38J03 DEPRELIATION At 1st April 2024 Chargc Inrytar 12.713 1000 1250 18J55 S,037 1.936 Ai 31# MKch 2025 4J18 A1624 S250 23J91 84Y)K VALUE Ar 31st MarL'h 2025 SJIO 750 Isiii AL 31sr March 2024 7.746 3,402 20.1411 11 DEBTORS.. AMOUNTS FALLIG DUE WITlllT* ONE YEAR 31.3.25 31.3.24 127.344 3.n56 VAT 3,056 130,400 3,056 13. CREDrroRS: AMOLwfs FALLING DiTr. wrrwN ONE YEAR 31JJ5 31.3.24 SOCI 8nd t¥x¢s VAT 15h57) 5,Y75 2J99 (049) 2917 ,75l Pa8e 17
Al Rlv TruStd 31st March 2 A4. MOVEMENf IN FUNDS NEt TrJDsfe betweeo funds At 31.3.25 Ai 1.4.24 in fi]nds UAreArtctcd 13&132 13&S56) 262.725 359J•J Rrttrlcted AF AnglLSLy Cuuwil Costal Capaciry NELional Lottery 39.931 (1.19) 139.931) I,Iso 2J68 {21544) 1119.13 13&456) 112,67S} (l74J13) WCVA NatUTf PTtsxY5hip WCVA Challrn8c Fund RNLYrr&QItl Fund .932 174J13 76961 369,705 1262.725) 24S511 TOTAL FUNIAS 99,982 fH819 Net movemenr in fund8, ill¢luded ill the I¥¢ te as follows.. .Movenkttt ILI futMIs UDrutrkled f1 Generdl futhd 2&024 16W) (38J56) Restricted findi SAF Grants Angl¢s¢y CA)un¢il C4)Ml Lwity Narional I Ftsmce FaiTbairn WCVA I1 Na pttrShip 194328 41AOO $73S4 (154297) 142550) IS4WA) (21J43) 139IU27> 39.931 ii.ifjo) 2Jfil (21J14) IAB,933 514,9011 107 1069J051 138WS T17fAL FUNDS 835167 {73S885) Page i¥ ¢ontiiillrd...
North Wakn Rlvtrs T Ll 14. Cowp•r•th'es frx Dbovem¢Dtlft futtds Transftts beNteen At 31_3_24 1.423 UTrr¢¥trided fund5 21.469 53.474 ,189 135,132 ie5ttIeted fullds SAF Grdnts AngIrY COU1] cAtal C4pacity Natirjnal Lottay Fsmct Faithaim WCVA L4)¢aJ Nature parttvshrp WCVA Ch1(%¢ Fulld Riyu Fund 170.235 11.107 8W5 {33.791) 19,258) (9,779) 58.1 59.932 174.813 (136.444) 11.849) 1.144 58.(KfJ 59,932 174.813 76,9(4) 76.96Q 1¥9.977 239,917 160.189) 369.705 TOTAL FUNIKS 211.446 293.391 504,837 cLMnwIvt nei movcrI1 in in w¢ &% fdlows: Uhrtstrlct¢d fvhdi GM¢r¥l lund 54,772 (129R) 53.474 Rethlctsd fonds 195.781 46.010 {229,$72) (33.791) Allgle*ry CoUtli Cosral C4J&oty Naiional Iry EBrn¢e Fairbairn WCVA Lal Nature partrathip WCVA Challcngc FuThi 19,77Y) IY,779) 58.(MNJ 59.93 174.813 58,1 310.650 174,X13 (250.7181 785254 (545.337) 239.917 TOTAL FUNDS 840,026 1540.635) 293,391 Page 19
for c Ycar EDded 31rtMxrch 21125 14. A curretuyear 12 nTh)nths and wityyear 12 cotnbitrdpbsition i% as foll¢)ws.' Net Transfers At 31.3.25 At 1.4.23 ernl CuDd 21.469 14.918 322.914 359.301 Restrltied 170,235 11.107 8.635 6.140 (Ill,) (7.411 36.456 178.865 174,813 (176,375) (699 J 1.144 136.4561 112.6751 (174,8131 76.960 An8l¢sey C4)uticiI Cc*ial C4)acity NaLional t 2J68 WCVA LtK21 Naturc 5KrtsKrthip WCVA Chail¢ft¥e FuThd River restw4iKon Fund 166.190 76, I,977 378.455 1322,914) 245.518 TOTAL FUNlkS 211.446 393.173 ye4r 12 months arml ytar 12 mbIned nw¢mt in JJnd& irKIth ift the knv¢ L% foll¢)ws.' lovrnI yn funds rc&ftirctk expended ilnmtrleted (luKY41 fijnd 112.P46 (67,8711) 14.918 Rutrl¢ted 3.{KI9 87.41n 57.254 58,IKII 825.610 174.813 131J3.8691 197.f1181 164,6651 121.545) 1646,745) 6,140 {10,408) (7.411) 36.456 178.865 174,813 Angi¢s¢y Cos¢31 C4pakity NatiODa] Lottery WCVA Cbdllenge Fwid 1393.097 (1,214.642) 378.455 1,675.893 (l ?B2520) 393.373 Pagc 20
Lt he lor the EDded 31st 2( 15. There were llo tela*dm tranLS f thc yr4r(th 31 Mzrch 2025. Page21
North we5 RfversTnut Li MaTch 2112 31.3. 31.3.24 Donatiow and leg•deJ D¢11 17 785.255 819J69 785,272 IXb¢r trAdI1 tlfvkles Fundrw"sJng events 9J28 54.754 9,412 54,754 T•tal ID¢imlni YErE 5067 ¥40,026 ExPENDvRE Other trdthJA •¢tMthI 629 CbarltAbl¢ ttSvldes 215J27 3b334S 12&918 131,679 295.762 117.40$ 3247 7.498 2,582 River ReAclL casL4 community edueation cts cxpcnsc Trnv¢l expcnsts Plani aDd ixwrts aThJ litlinjp mYei¢l&S l•h70 1,936 45S 722.712 531.173 Support ¢o>ts 2.724 1263 102 419 2,51M) ,134 2117 29 210 2,010 395 P(Kstage and srarionery Afonydd ftts FixtWTS and fittings 8202 FIte Rank charges 57 65 StlTtrainin8 1357 Page12
N rth Wakn Rlvers Tntst Ltd forth Y En 31.3.25 31.3.24 (Mher 1.165 2,438 Pm[Gl0na1 ftts 761 3.16J 73SO85 Nel lu¢•Me 99,982 293 J91 This pa¥c ]Mit frm 10f the stawt(xy fillancial statallLYts Pa8e 23