#
##
##
##
##
||||||Page|
|---|---|---|---|---|---|
|Trustees'
annual
report (incorporating||the|director's|report)||
|Independent
examiner's
report to the||trustees||||
|Statement offinancial
activities|(including||income and|||
|expenditure
account)||||||
|Statement offinancial
position|||||10|
|Notes to the financial statements||||||
##
##
##
|Reference and adm|inistrative
|details|
|---|---|---|
|Registered
charity|name|The Welsh Dee Trust|
|Charity registration|number|1127999|
|Company
registration
number||06635114|
|Principal offic and|registered|Unit 30The Malthouse|
|office||Uangollen|
|||Wales|
|||LL20 8HS|
|The trustees|||
|The trustees||||||
|---|---|---|---|---|---|
|||Mr M EStirk||||
|||Mr M Williams||||
|||Dr R M Lucas||||
|||Mr I W Lewis||(Resigned|8 March 2021)|
|||Mr GJCJones||||
|||Mr J N Hulmston||(Appointed|5 February 2020)|
|||Mr G Foulkes||(Appointed|18January 2020)|
|||Mr M Pierce||(Appointed|2 March 2020)|
|Company secretary||G H Evans||||
|Independent|examiner|Bruce Roberts FCA||||
|||Unit 10,Edison Court||||
|||Ellice Way||||
|||Wrexham
Technology|Park|||
|||Wrexham||||
|||LL137YT||||
#
#
##
##
##
##
##
##
##
#
##
##
##
##
##
##
##
#
#
#
##
##
##
#
##
##
#
##
##
##
##
##
#
##
##
##
##
##
##
##
##
##
||Year|ended|31 Decemb|er 2020|||
|---|---|---|---|---|---|---|
|||||2020||2019|
||||Unrestricted|Restricted|||
|||kote|funds
f.|funds
f|Totalfunds|Total funds
f|
|Income and endowments|||||||
|Donations
and legacies
Charitable
activities||5
6|6,599
81,396|243,067|6,599
324,463|39
259,919|
|Investment
income||7|84||84|267|
|Total income|||88,079|243067,|331,146|260,225|
|Expenditure
Expenditure
on charitable|activities|8|60,755|161,068|221,823|331,393|
|Total expenditure|||60,755|161,068|221,623|331,393|
|Net income/(expenditure)
movement
in funds|and net||27,324|81,999|109,323|(71,168)|
|Reconciliation
offunds|||||||
|Total funds brought forward|||36,488|101,257|137,745|208,913|
|Total funds carried forward|||63,812|183,256|247,068|137,746|
##
##
##
||31 December 20|20|||
|---|---|---|---|---|
||||2020|2019|
|||Note|||
|Current assets|||||
|Debtors||12|48,492|15,000|
|Cash at bank and in hand|||204,525|132,277|
||||253,017|147,277|
|Creditors: amounts|falling due within one year|13|5,949|9,532|
|Net current assets|||247,068|137,745|
|Total assets less current liabilities|||247,068|137,745|
|Net assets|||247,068|137,745|
|Funds ofthe charity
Restricted funds|||179,211|101,257|
|Unrestricted
funds|||67,857|36,488|
|Total charity funds||14|247,068|137.745|
##
#
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|5.|Donations||and legacies|||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||Funds
f|2020
f|Funds|2019
f|
||Donations|||||||
||Donations|and Gifts||6,599|6,599|39|39|
|6.|Charitable||activities|||||
||||||Unrestricted|Restricted|TotaIFunds|
||||||Funds
f|Funds
f|2020
f|
||Grants||||61,396|243,067|304,463|
||Government||Grant Income||20,000||20,000|
||||||81,396|243,067|324,463|
||||||Unrestricted|Restricted|Total Funds|
||||||Funds
f|Funds
f|2019|
||Grants||||57,921|201,998|259,919|
||Government||Grant Income|||||
||||||57,921|201,996|259.919|
|7.|Investment||income|||||
|||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||Funds|2020
f|Funds
f|2019
f|
||Bank interest receivable|||84|84|267|267|
##
##
##
##
##
##
|The total reso|urces expended
on each a|ctivity were:||||
|---|---|---|---|---|---|
|||||2020|2019|
|||||K||
|Charitable
expenditure|||Governance|221,822|331,394|
|Charitable
activities expenditure||||||
||Basis of|Charitable|and support|||
||allocation|Activities|costs|2020
f|2019|
|Staff costs||75,910|13,349|89,260|139,568|
|Management
charges
Charitable
activity costs
Training
and workshops||108,556
2,637||108,556
2,637|171,461
3,890|
|Small equipment||||||
|Admin costs|and|||||
|expenses
Rent|||7,518
10,445|7,518
10,445|5,808
7,145|
|Professional|fees||||125|
|Membership||||||
|subscriptions||||||
|Accountancy|and|||||
|Independent
Examination|||3,407|3,407|3,396|
|Total expenditure||187,103|34,719|221,823|331,393|
|Key:||||||
|1 -Staff time||||||
|2- Usage
3-Direct||||||
##
##
##
##
##
##
|Independent|examinatio|n
fees||||
|---|---|---|---|---|---|
|||||2020|2019|
||||||E|
|Fees payable
Independent|to the independent
examination
ofthe||examiner for:
Financial Statements|2,280|2,220|
##
|Staff costs|||||
|---|---|---|---|---|
|The total staff costs and|employee|benefits for the reporting|period are analysed as
2020|follows:
2019|
||||f.||
|Wages and salaries
Social security costs
Employer contributions|to pension|plans|79,408
3,053
5,'691|124,541
8,170
6,857|
||||88,152|139,588|
##
##
##
|Debtors||||
|---|---|---|---|
|||2020|2019|
|||R|F|
|Trade debtors||39,566|15,000|
|Prepayments|and accrued income|8,926||
|||48,492|15,000|
##
##
##
##
##
|||2020|2019|
|---|---|---|---|
|Trade creditors||367|5,580|
|Accruals and deferred|income|1,913|1,863|
|Social security and other taxes
Other creditors||2,956
713|2,089|
|||5,949|9,532|
##
|Analysis of|chari|table
f|unds|||||
|---|---|---|---|---|---|---|---|
||||||||Balance at|
||||Balance at 1||Transfers||31|
||||January
2020|Incoming|between
funds|Outgoing|December
2020|
||||||R|R||
|Woodlands|for Water|||10,825||(10,364)|(461)|
|Middle Dee|Catchment|||7,500||(7,500)||
|Enviromental|Flows|||1,721||(1,721)||
|Weedwiper
Hire
Mitigation
Project|||(78,500)|15,580
58,252||(1,955)
(39,321)|(13,625)
(97,431)|
|EWW Diffuse Pollution||||||||
|Project|||(4,045)||(4,045)|||
|2020 River|Habitat|||||||
|Survey||||373||(373)||
|Garfield Weston||T,T||||||
|and T||||15,000||(15,000)||
|Strategic Allocated
Funding||||118,800||(84,480)|(34,319)|
|Emral, Wych &||||||||
|Worthenburyinc
Pollution project||Diffuse|(18,712)|15,016||(354)|(33,375)|
||||(101,257)|243,067|(4,045)|(161,068)|(179,211)|
|||||||R||
|Restricted
Unrestricted|||101,257
36,488|243,067
88,079|(4,045)
4,045|(161,068)
(60,755)|179,211
67,857|
|Total Funds|||137,745|331,146||(221,823)|247,068|
##
##
##
##
##
|Analysis o|fnet assets betwee|n funds||||
|---|---|---|---|---|---|
|||||Other net||
|||Debtorsf|Creditors
R|assets|Totals|
|Restricted|funds|48,492|(2,296)|133,015|179,211|
|Unrestricted|funds||(3,653)|71,510|67,857|
|Totals||48,492|(5,949)|204,525|247,068|