Company No.. 06489777 Charity No- 1127427 THE LUNE RIVERS TRUST IA COMPANY LIMITED BY GUARANTEEI REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2023
THE LUNE RIVERS TRUST CONTENTS Pages. Reference and adminislralive information Report of the ttuslees Independent examinerfs report to the trustees Statement of finan¢ial activities Balance sheet Notes lo the financial statements 9-17
THE LUNE RIVERS TRUST REFERENCE AND ADMINISTRATIVE INFORMATION (Registered Company Number.. 064897771 (Registered Charity Number.. 11274271 M Hall L Hodgson A WJ Hurst M Jackson R J Jardine G Murphy A Todd J J Walmsley S M Mason lappoinled 24 May 20221 T A White {appoinled 24 May 20221 TrusleeslDirectors Secretary TGPill Registered Office Unil 2 Newton Holme Farm Kirkby Lonsdale Road Newton Carnforth L46 2NZ Independent Examiner MHA Moore and Smalley Kendal House Murley Moss Business Village Oxenholme Road Kendal LA9 7RL Page 1
THE LUNE RIVERS TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JANUARY 2023 The Trustees present their report and the financial statements of the Trust for the yoar ended 31 January 2023. The trustees have adopted the provisions of tho Statement of Recommended Practice ISORPI °Accounling and Reportng by Charities. IFRS 1021 in preparing the annual report and financial statements of the Trust. The financial statements have been prepared in accordance wsth the ac¢ounling policies sel out in the notes lo the accounts and comply with the Trust's governing document, the Charities Act 2011 and Accounting and Reporting by Charities.. Statement of Recommendèd Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities applicable in the UK and Republic of Ireland published in October 2019. Structure Governance and Management Governing Document The ¢harity is controlled by its governing documents, the Memorandum and Articles of Association. It constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. Trustees of the Charity The board of Iruslees must, as per the governing documents. have al least 4 trLJStees and not more than 20 serving al any one time. The entire board meets on a regular basis. If required individual Committees meet in addition lo full board meeting. Recruitment and Appolntment of the Management Commlttee A lolal of 10 trustees have served throughout the year. Any new appointments are at the recommendation of the board. Risk Management The trustees have assessed the major risks to which the Trust is exposed, in particular those re181ed lo the operations and finances of the Trust and are satisfied that adequate systems are in place to mitigate any exposure to the major risks. A review of the risks was looked at during the period and adjustments made lo policies and procedures where appropriate. Objective5 and A¢tlvities for Public Benefit The main aims of the charty are.. lo conserve, protect, rehabililale, and improvo the rivers, streams. watercourses and water impoundments of the ¢alchments comprising the River Lune throughout its entire course and all ils Iribularies in Cumbria, Yorkshire and North Lancashire. lo advance the education of the public or any association, company, local aulhorily, administrative or governmental agency or public body or represenlalive body in.. the understanding of rivers, rNer corridors and calchmenls, including their fauna, flora and economic or social activity and river calchmenl management. the need for and benefits of conservation, protection, rehabilitation and improvement of aquatic environments. Page 2
THE LUNE RIVERS TRUST REPORT OF THE TRUSTEES (continued) FOR THE YEAR ENDED 31 JANUARY 2023 A¢hi8v&ment and Performance Chari18ble Activities The Trustees are pleased wf(h charitable activities this year, especially considering the continued impact of COVID 19 restrictions. During financial year 2022123. The Trust has worked on the following projects.. Working towards completion of a large Water Environment Project funded by DEFRA with components inclu(Jing'. A project to protect RbUrn Woods and the River Roeburn,. A farm advice project and interventions to improve water quality on the Upper Wednning and the Upper Lune., The detailed design of a proje¢l lo improve fish access past Skerton Weir, along with securing permits & permissions. Working towards completion of the final year of a three year project working on urban regeneration aclivilies. funded by Greggs. Delivery during 2022123 focused on communty engagement & developing activities for tho following year. Continued implementing a 'Slow the Flow. natural flood management project al Forresl Hills, Lancaster. Completed the first phase of a farmer engagement projed in the river Keer calchmenl, and continued implementation of a second phase. Continued working lo support the Orton Fells Farm Cluster. Completed a first season of juvenile fish monitoring. Commen¢ed a project to monitor water quality in the Keer catchment. Commenced a farmer eng8gement project in the Upper Lune, Wenning and Lower Lune areas. Continued dèveloping riverside woodland creation projects. The Trust also continues lo host the Living Lune Catchment Partnership Proje¢t. We now have over 30 partners and togelhei we continue lo develop a priorilised action plan for the future as well as working together on the implemenlalion of PTojecls. This is funded by the EA. The Trust has again undertaken the sale of fishing permits for the EA Hallon and Skerton beats during the 2022 season. This arrangement with the EA has also been extended until 2023. Fundraisin activities The Trust lin partnership with West Coast RaIaYs) ran a steam train trip lo Chester to raise funds for the Trust. During the last financial year, the Trust has submilled several further funding applications.. To the EA for a second phase of the farmer engagement project in the Keer calchmenl. To the Weslmorland Dales Landscape Partnership forjuvenile fish monitoring and While Clawed Ciayfish surveying. To the Garfield Weston Foundation for structural support of the Trust. To United Utilities for farmer engagement. To the Heritage Lottery Fund for working with primary schools in the Lower Lune. To the EA for further water quality monitoring in the Keer catchment. To the RSPB for farmer engagement in the Tebay area. The Trustees hope to build and expand upon all these projects in the future. Page 3
THE LUNE RIVERS TRUST REPORT OF THE TRUSTEES (continued) FOR THE YEAR ENDED 31 JANUARY 2023 Flnancial Review Rèserves Policy The purpose of this Reserve Fund Policy is to ensure the stability of the operations, programmes, employment of key staff and Charitable objectives of the Lune Rivers Trust. 11 also forms part of the suite of policies put in place to manage the Trust's finances in a responsible manner, as required by the Charity Commission. Free reserves at the year end are £50,892 (2022.. £46,826). Free reserves are used lo cover the Emergency and Operating Reserve Funds slated below. Emer Reserve Funds These are intended for use in case of 8 sudden, unforeseen or calaslrophic interruption of the Trust's funding streams. Examples Could include donoTS Canlling projects before the intended completion date, or the Trust failing to secure sufficient funding to continue operations, OT a Force Majeure. enc The Emergency Reserve Funds are intended to be used lo meet the Trust's fixed obligations (such as staff Costs and office rental) whilst a solution is found, or the Trust is wound up. This is currently calculated on the basis of three months of fixed costs. This will be adjusted in future years lo also include any obligations for staff redundancy payments. Authority to utilise the Emergency Reserve Fund will rest wf(h the Board of Trustees. The Emergency Reserve Fund is currently sel at a target of £33,000. eralin Reserve Funds These are intended lo be used in case of a need to assist with the Trust's cash flow. For example, where project activities are paid in arrears and hence there is a 18g between incurring the expenses and receiving reimbursement from the donor. They are also lo be used in case of unforeseen one-off expenses necessary for the functioning of the Trust le.g. repla¢ement of a broken computer). The intention is that any Operating Reserve Funds will be reimbursed as soon as practical. For example, when project payments have been received, or by searching for funding opportunities lo reimburse unforeseen expenses. The levèl of Operating Reserve Funds needed is difficult lo preclict with certainly. Hence, the threshold has beenlset al a reasonable level in relation lo the Trust's current financial posrtion. Authority to ulilise the Operating Reserve Funds will rest with the Board of Trustees. The Operating Reserve Fund is currently set al a target of £25,000. Unrestricted Reserve Funds These are funds that are not assigned lo a spe¢ffic project or activity. They are intended to be used to directly support the Gharilable objectives of the Trust. For example. to support strategic activities important lo the development of the Trust and where external restricted funds cannot be secured. The intention is that these funds will be ulilised promptly Iwilhin 1 yearl after being designatedl received as UnreslTlCted ReseNe Funds. Up to a limit of £10,000, aLJlhorily lo utilise Unrestricted Reserve Funds will rest with the Trust Manager. Above £10,DOO, approval from the Board of Trustees will be necessary. Designation of Unrestricted Reserve Funds should only be after the Emergency & Operating Reserve Funds thresholds have been mel. Currently this means anything above a threshold of £58,000. There is currently no upper limit set for the Unrestricted Reserve Fund5. Page 4
THE LUNE RIVERS TRUST REPORT OF THE TRUSTEES (continued) FOR THE YEAR ENDED 31 JANUARY 2023 Trustees, Responsibilitles The trustees Iwho are also directors of The Lune Rivers Trust for the purposes of company lawl are responsible for preparing the Trustees, Annual Report {including the Strategic Report) and the financial slalements in ac¢ordan¢e with applicable law and Unbted Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting Pracli¢el. Company law requires the trustees to prepare financial slalemenls for each financial year, which give a true and fair view of the stale of affairs of the Charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required lo.. select suitable accounting policies and then apply them consistently.. observe the methods and principles in the Charities SORP 2019 {FRS 1021., make judgements and estimates that are reasonable and prudent., slate whether applicable UK Accounting Standard5 have been followed, subject to any material departures disc105ed and explained in the financial slalemenls., prepare the financial statements on the going ¢on¢em basis unless it is inappropriate lo presume that the Trust will continue in operation. The Iruslees are responsible for keeping adequate a¢¢ounling records that disclose with reasonable a¢¢uracy al any lime the financial position of the Trust and enable them lo ensure that the financial slalemenls comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Trust and hence for taking reasonable Steps for the prevention and detection of fraud and other irregularities. By order of the Trustees A Todd Chalrm Dale.. Page 5
THE LUNE RIVERS TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE LUNE RIVERS TRUST I report to the Trust trustees on my examination of the accounts of the company for the year ended 31 January 2023 which are set out on pages 610 17. Responslbilities and basis of report As the charrty Iruslees of the company land also Ils directors for the purposes of company lawl you aro responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 I'the 2006 Acl'l. Having satisfied myself that the accounts of the company are not required lo be audited under Part 16 of the 2006 Act and are eligible for independent examination. I report in respect of my examination of your company's accounts as carried out under section 145 of the Charities Ad 2011 I'lhe 2011 Act'l. In carrying out my examination I have followed the Diredions given by the Charity Commission under section 14515llbl of the 2011 Act. Independent examinar's statement Since the company's gross income exceeded £250,000 your examiner musl be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified lo undertake the examination because l am a member of ACA, which is one of the listed bodies. I have completed my oxamination, I confirm that no mallers have come to my attention in connection with the examination gwing me cause lo believe that in any material respect.. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act,. or 2. the accounts do not accord with those records., or 3. the accounts do not Comply with the accounting requirements of section 396 of the 2006 Act other than any requiierllenl th81 the a¢counls give a 'lrue and fair view, which is not a maller considered as part of an independent examination., or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Pra¢ti¢e for accDunling and reporting by Charities applicable lo charities preparing their accounts in accordance wrth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no concern5 and have come across no other matters in ¢onne¢lion with the examination lo which allenlion should be drawn in this report in order lo enable a proper understanding of the accounts to be reached. J Mccabe FCA MHA Moore and Smalley Chartered Accountants Kèndal House Murley Moss Business Village Oxenholme Road Kendal Cumbria LA9 7RL Date.. 1110412023 Page 6
THE LUNE RIVERS TRUST STATEMENT OF FINANCIAL ACTIVITIES (including Income and Expenditure Account) FOR THE YEAR ENDED 31 JANUARY 2023 Unrestricted Restricted Total Total funds funds funds 2023 funds 2022 Income from.. Donations and legacies charitab Actimtss other trading acti)rities InveslnEnts Other 7,851 826 95 564,909 885 7.946 565,735 885 10,846 356,019 975 80 2.214 708 Total 9,385 565,889 575.274 370,134 Expenditure on: Charitabk actiillties CAher 1,878 19,467 385,358 22,146 387,236 41,613 336,9D1 39,629 Total 21,345 407,504 428,849 376,530 Net (lossl I galn before other recognised gains {11,960) 158,385 146,425 16,3961 Transfer between funds 16,026 116,0261 Net movement in funds 4,066 142,359 146.425 16,396) Reconciliation of funds: Total funds brought fonmard 46,826 85,411 132,237 138,633 Total funds carried forward 16 50,892 227.770 278,662 132,237 Page 7
THE LUNE RIVERS TRUST BALANCE SHEET AS AT 31 JANUARY 2023 2023 2022 Current assets Debtors Cash at bank and in hand 12,874 274,090 62,665 157,139 286,964 219,804 Creditors: amounts falling due within one year {8,3021 187.5671 Net assets 278,662 132,237 Funds: Reslricled funds Unreslricled funds 10 227,770 50,892 85,411 Total funds 16 278,662 132,237 For the year ending 31 January 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating lo small Companies. Dire¢tors' responsibiif(ies.' The members have not required the company lo obtain an audit of its accounts for the year in question in accordance wrth section 476., The directors acknowledge their responsibilities for complying wf(h the requirements of the Act wl(h respect lo accounting records and the preparation of accounts. These accounts have been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006. These a¢counts were approved by the directors and authorised for issue on . signed on their behalf by.. A Todd - Chairman Company Registration Number.. 06489777 Charity Number.. 1127427 Page 8
THE LUNE RIVERS TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2023 1. Accountlng Policies The Lune Rwers Trust is a company limited by guarantee in England and Wales. Basis of preparation Thè charity constitutes a public benefit entity as defined by FRS 102. The financial slalemenls have been prepared in accordan¢e with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo ¢harilies preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 issued in O¢lober 2019, the Charities Act 2011, the Companies Act 2006 and UK Generally ACpIed Practice as il applies from 1 January 2015. The Lune Rivers Trust meets the definition of a public entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless olhetwise slated in the relevant accounting policy nolelsl. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded lo the nearest £, Income All incoming resources are included in the Statement of Financial Activities ISOFAI when the charity is legally entitled lo the income after any performance conditions have been mel, the amount can be measured reliably and ff( is probable that the income will be received. For donations lo be recognised the charity will have been notified of the amounts and the selllement dale in writing. If there are conditions attached lo the donation and this requires a level of performan before entitlement can be obtained then income is deferred until those conditions are fully mel or the fuKilmenl of those Conditions is within the control of the charity and il is probable that they will be fulfilled. Donated facilities and donated professional services are recognised in income al their fair value when their economic benefit Is probable, il ¢an be measured reliably and the charity has Control over the item. Fair value is determined on the basis of the value of the gift lo the charty. For example the amount the charity would be willing to pay in the open market for such facilities and services. A corresponding amount is recognised in expenditure. No amount is included in the financial slalements for volunteer lime in line with the SORP IFRS 102}. Income from trading activities includes income earn from fundraising events and trading aclivK(ies to raise funds for the charity. Income is received in exchange for supplying goods and services in order lo raise funds and is recognised when entitlement has occurred. Interest on funds held on deposlt is included when receivable and the amount can be measured reliably by the charity". this is normally upon notification of interest paid or payable by the Bank. Going concèrn The trustees have a reasonable expectation that the ¢harity has adequate resources lo continue in operational exislen¢e for a period of al least 12 months from the date the accounts are approved. Thus, the Iruslees continue to adopt the going concern basis of accounting in preparing the financial statements. Page 9
THE LUNE RIVERS TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2023 1. Accountlng Policies (continued) Fund accounting Unreslri¢led funds are funds which are available for use at the discretion of the trustees in furtherance of the general obje¢lives of the charity. Restricted funds are furids which are lo be used in accordance with specific $triCt10n$ imposed by donors or which have been raised by the charity for particular PLJrposes. Any overspends a mel by unrestricted funds. Expenditure All expendrture is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expendilure is recognised where there is a legal or constructive obligation lo make payments to third parties, r( is probable that the settlement will be required and the amount of the obligation can be measured reliably. Debtors and accrued Income Debtors are recognised al the settlement amount due after any trade discounts allowed. Prepayments are valued al the amount prepaid after taking account of any trade discounts due. Cash at bank and In hand Cast al bank and in hand includes ¢ash and short term highly liquid investments with a short maturity of three months or less from the dale of acquisition or opening of the depos1101 similar account. Credltors and provisions Creditors and provisions are recognised where the Charty has a present obligation resulting from 8 past event that will probably result in the transfer of funds lo a third party and the amount due lo settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due Penslons The charitable ¢ompany operates a defined contribution pension scherne and the pension ¢h8rge represents the amount payable by the charity in respect of the year. The assets of the scheme are held separate from those of the charitable company in Independent administered funds. Government grants Govemment grants are recognised al the fair value of the asset reiVed or receivable when there is reasonable assurance that the grant conditions will be mel and the grants will be received. Page10
THE LUNE RIVERS TRUST NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 JANUARY 2023 2. Net Movement in Funds 2023 2022 Net loss is stated after charglng: Independent emInatION fees 5,238 4,500 3. Investment Income Total 2023 Total 2022 Bank interest receivab 708 80 4. Total expenditure Unrestricted Re5tri¢ted costs costs Total 2023 Activity Charitable activities Staff costs Other 1,878 265.847 119.511 22,146 267,725 119,511 41,613 (see note 61 19,467 21.345 407,504 428,849 Unrestrid8d Restricted costs costs Total 2022 Activlty Charitable activities Staff ¢osls Other 851 231,838 104,212 25,629 232,689 104,212 39,629 14,000 14,851 361,679 376,530 other costs are made up as follows.. Unrestricted costs Restricted costs 2023 2022 Accountancy fees Premises costs General administrative costs 5,238 7,808 6,421 5,238 7,808 28,567 4,500 5,912 29.217 22,146 19,467 22.146 41,613 39,629 P8ge11
THE LUNE RIVERS TRUST NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 JANUARY 2023 5. Analysis of support costs Project management Admin Costs 2023 2022 Catchment Partnership Fund WEG PM & Comm Greggs Community Fund WAMM Trac 2 Talking Rivers Caslco UU Farm Engagement Health & Environment Action Lancashire 800 18,500 400 402 360 1,202 18,860 400 7,619 16,760 500 250 250 250 800 800 84 800 84 800 21.300 846 22,146 25,629 6. Dlrectors and employees 2023 2022 Employee costs during the year Wages and salaries Social security costs Pension costs 105,847 5.307 8.357 90,640 5,507 8,065 119,511 104,212 The average number of employees during the year was 4 {2022.' 31. There were no employees receiving more than £60,000 in the year {2022.' Nill. The directors reiVed no remuneration or reimbursement of expenses during the year from the company 12022.. Nill. The directors of the company are shown on page 1. 7. Debtors 2023 2022 Trade debtors other debloTS 11,912 962 62,235 430 12,874 62.665 8. Creditors: amounts falling due withln ong year 2023 2022 Accrua Other creditors other loans 4,950 3,352 4,500 3,(E7 80,000 8.302 87,567 Page 12
THE LUNE RIVERS TRUST NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 JANUARY 2023 9. Unrestrictèd Funds At 1 February 2022 Net incoming resources for the year Transfer from restricted funds 46,826 111,9601 16,026 At 31 January 2023 50,892 10. Restrlcted Funds Balance 01.02.2022 Balance 31.01.23 In¢oming Outgoing Transfers Cal¢hmenl Partnership Fund EA FIP Fighting Back for our Fish Greggs Community Fund Cumbria NFM- Sedbergh Cumbria NFM- Tebay CCC- Japanese Knotweed Slow the Flow- Gal & S Lancs Slow the Flow- 2019 Galgale WEG Project- all modules Cumbria NFM Rais Beck WAMM Neighboufly TK Maxx Hallon & Sketon Fishing pemifis L8nc3shire Woodland Connect We51morland Dales Landscape Partnership Health Environmental Action Lancashire Orton Farm Cluster LCC INNS Trac 2 Talking Rivers Enforcement Undertakings Caslco Curnbria Foundation E A Chemical Keer E A Underspend Keer Garfield Weston Foundation Natural Course Phase 4 Plugging the Gap- Keer 1 Pluggirig the Gap- Keer 2 SSOW the Flow Forre51 Hills UU Farm Engagement 9,498 80 21.324 15,000 (11,57Ql 12,928 80 25,514 14,881 1,149 329 5,227 1951 8,497 1,129 947 200 772 26,994 5,448 16191 809 1,541 1,024 658 2,500 6,321 5,000 11,1001 19551 47,668 18931 7,214 6,003 9,989 38,610 30,000 26,496 {25,81ai 111,6151 1.149 329 5.227 1951 272,492 23.324 1.129 947 200 1274,4401 112,8791 885 16,695 9,222 9,028 3,494 1.541 (1131 {2,7561 13,7741 113,8301 12,6851 13,055 4,923 {7401 1,024 702 2,500 50 1941 15,000 5,000 18,6791 11,1001 19551 12,3321 {2,2181 120,0671 13,3721 50,000 1,325 27,281 9,375 23,100 50.000 18.9831 12,40n 85,411 565,889 1407,5041 16,026 227,770 Page13
THE LUNE RIVERS TRUST NOTES TO THE FINANCIAL STATEMENTS (conlinuedj FOR THE YEAR ENDED 31 JANUARY 2023 10. Restricted Funds (continued} Balance 01.02.2021 restated Balance 31.01.22 Incoming Outgoing Transf&rs Catchment Partnership Fund EA FIP Fighting Back lor our Fish YDNP P8rish Wildlife Project Slorymap Greogs Community Fund Cumbria NFM - Sedbergh Cumbria NFM - Tebay CCC- J8panese Knotweed Slowlhe Flow- Gal & S Lancs Slowlhe Flow- 2019 Galgate WEG PM & Comm WED Mod1- Skerton Weir WEG Mcd 4- Roeburndale WEG Mod 2- Forgotten Farms Cumbria NFM Rai5 Beck WAMM Neighbourfy TK Maxx Hahon & Skelon Fishing permits LanShire Woodland Connect Weslmorland Dales Lsndscape Partnership Health Environmental Action Lancashire orton Farm Cluster Plugging the G8P LCC INNS Trac 2 Talking Rivers Enlorcemenl Undertakings 21,188 13.8981 2,607 1,528 9.093 13401 21,143 329 7,413 17,214 8,000 128,9041 14,2221 9,498 80 12,6071 11.5281 30,000 3,214 2,000 117.7691 15,0021 121,9941 21,324 2,128 1,149 329 5,227 12,1861 1951 127,4361 113.1051 15,8441 1207,1581 11,6291 111,3981 95 34,314 12,275 6,629 206,925 2,0(N) 2,5LX) 13,9121 21,188 17851 233 2,888 9,845 200 4,173 2,966 20,358 12,1281 1,129 947 200 1,2( 17.200 2.833 6.467 32 45 459 15,3791 14,1451 {2,8331 11,5441 1321 1451 14591 12501 12501 13,055 4,923 1,274 902 2,500 97,767 1.024 702 2,500 85,411 50 353,458 1361,6791 4,135 11. statement of FLbnds Cal¢hmenl Partnership Fund Working with multiple partners to produce a calchmenl plan. obtsin funding and deliver the measures. EA FIP Fighting Back for our Fish Fencing lo protect fi'sh habilal in the Upper Lune tributaries. YDNP Parish Wildlife Project Monitoring and control of invasive Species e.g Himalayan balsam and Japanese Knotweed. storymap CTeating a digital inlera¢tive map to show all past and ongoing projects. Greggs Community Fund Eels in the classroom and community work on Newton Beck, Lancaster. Cumbria NFM - Sedbergh Plans and implemenlalion of Natural Flood Management measures lo protect Sedbergh. Cumbria NFM- Tebay Dillo to protect Old Tebay. Page 14
THE LUNE RIVERS TRUST NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 JANUARY 2023 11. Statement of Funds Icontinuedl CCC- Japanese Knotweed Knotweed monitoring and control of this. Slow the Flow- Gal & S Lancs Planning and implementation of NFM meaSUS to protect Galgate. Slow the Flow- 2019 Galgale Measures to protect Galgale from flooding Irelention pond and kesled hedgerows} South Lancaster Iponds and wetland gardens) Project Management and communications in relation lo the Lune Top to Bottom and Side to Side Water Environment Grant projects. WEG Project.. Combination of following modules.. WEG PM & Comm WED Mod1- Skerton Weir Skerton Weir- feasibility studies, plans, designs and Consents lo aller Skerton Weir to improve fish passage WEG Mod 4- Roeburndale Woods Planning and implemenlalion of NFM measures lo save Roeburndale Woods SSSI WEG Mod 2 - Forgotten Farms Working with Famiers in the Upper Lune and Upper Wenning lo improve water quality by measures including nutrient management plans. WEG- efishing Cumbria NFM Rais Beck Plans and implementation of NFM measures lo protect Raisbeck Hamlet. WAMM Monitoring and analysis of the Lune Estuary for microplastics. Neighbourly TK Maxx Volunteer work on the Keer footpath eg lrtterpi¢king Halton & Skelon Fishing permits Sale of fishing pemils to provide benefits lo people who fish there e.g a fishing platform for the disabled. Lancashire Woodland Connect Working with landowners planting tress throughout the Lancashire part of the catchment. Weslmodand Dales Landscape Partnership Crayfish monitoring and e fishing in the Upper Lune. Health Environmentsl Action Lan¢ashire Developing walks lo improve mental and physical health and creating tree and plants seed banks. Orton Farm Cluster Working with Orton farmers on environmentally friendly farming. Plugging the Gap- Keer 1 & 2 Working with farmers on the RThier Keer to improve water quality including infraslruclure audit, nutrient management plans and community work. LCC INNS Monitoring and controlling Himalayan Balsam on the Lower Lune. Trac 2 Communty project lo ¢lean up Newton Beck, raise eels in the classrix)m and release them into the be¢k. Page15
THE LUNE RIVERS TRUST NOTES TO THE FINANCIAL STATEMENTS (conlinu8d) FOR THE YEAR ENDED 31 JANUARY 2023 11. Statement of Funds Icontinuedl Talking Rivers Provision of talks and presentations lo explain and promote our work to a wide variety of stakeholders and groups in society. Enforcement Undertakings Working with the EA lo use fines they have imposed to improve the walerbody polluted (Keerl. Caslco (Catchment Systems Thinking Cooperative} Funding from The Rivers Trust for water quality monitoring in the Keer calchmenl, 5ooking al general pollution issues. Runs until the end of 2023. Cumbria Foundation Funding from the English Lakes Hotels Trust Sustainabilty Funds, through the Cumbria Community Foundation, lo support the planting of trees at a proje¢l site in High Bentham. Project runs until March 2024. Funding from the Environment Agency Chemicals Programme. A short project from December 2022 to March 2023 for water quality monitoring in the Keer, looking al certain chemical pollulanls. E A Chemical Keer E A Underspend Keer Funding from Environment Agency underspent funds. A short project from December 2022 to March 2023 for water quality monitoring in the Keer, looking at general pollution issues. Garfield Weston Foundation Funding from the Garfield Weston Foundation for structural support for the Trust. Will primarily be used to support moving the office. a proportion of overheaLls, a proportion of tho limo for the Trust Manager and Finance Officer to work on strategic development of the Trust. Runs until October 2024. Natural Course Phase 4 Funding from The Rivers Tru51 for the last phase of the Natural Course project, looking at general pollution issues in the Keer catchment. Runs until the end of 2023. Slow the Flow Forrest Hills Funding from the Environment Agency for Natural Flood Management inlervenlions on the Forresl Hills site al Lancaster University. Project runs until the end of Mar¢h 2023. UU Fami Engagement Funding from United Utilities for engagement with famers in the Tebay, Upper Wenning and Lower Lune areas. Also support for on-farm inletvenlions lo bring environmental improvements. A mulli-year project that runs until March 2025. 12. Defined contributlons 2023 2022 Contributions payable by the ¢ompany for the year 8,357 7,397 Page 16
THE LUNE RIVERS TRUST NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 JANUARY 2023 13. Capital commitments There were no capital commitments at 31 January 2023 or 31 January 2022. 14. Contingent liabilities There were no contingent liabilities al 31 January 2023 or 31 January 2022 other than a general obligation to repay grants where the agreed services are not Ultimate provided. 15. Taxation As a Charity, Lune Rivers Trust is exempl from lax on income and gains falling within sections 472-474 of the Corporation Tax Act 2010, section 478-489 of the Corporation Tax Act 2010, or s256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied lo ils charitable objects. No tax charges have arisen in the Charity. 16. Analysls of Net Assets Between Funds Flxed Net current assets assets 2023 Restricted funds 227,770 227,770 Unrestricted funds General funds 50,892 50,892 Total funds 278,662 278,662 Fixed Net current assets assets 2022 Restricted funds 85,411 85.411 Unrestrrcted funds General funds 46,826 46.826 Total funds 132.237 132,237 17. Related partles There were no related paty transactions in the current or previous year. 18. Control No single individual has had control of the company in the current or previous year. Page 17