2023-06-30-accounts - Wessex Rivers Trust

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		Page
Report ofthe Trustees	1	to	6
Report ofthe Independent Auditors	7	to	9
Statement ofFinancial Activities		10
Balance Sheet
Cash Flow Statement		12
Notes to the Cash Flow Statement		13
Notes to the Financial Statements	14	to	22
Detailed Statement of Financial Activities	23	to	24

					2023	2022
			Unrestricted	Restricted	Total	Total
			fund	funds	funds	funds
		Notes		f	6	2
INCOME AND ENDOWMENTS	FROM
Donations and legacies			17,731		17731	33,633
Charitable activities		5
Education, research, advocacy,	conservation	and
habitat enhancement				1,469,837	1,469,837	1,174,188
General			40,000	-	40,000	1,242
Other trading activities			14460		~14 460	~17391
Total			~72 181	~1469837	~1632018	1,226,454
EXPENDITURE ON
Charitable activities		6
Education, research, advocacy,	conservation	and
habitat enhancement			48 645	1 400 838	1449 383	1,247,074
Tots I			48,646	~1400838	~1449383	1,247 074
NET INCOMEI(EXPENDITURE) Transfers between funds		18	23,636 ~3162)	66,999 3,162	82,636	(20,620)
Net movement In funds			20,484	62,151	82,636	(20,620)
RECONCILIATION OF FUNDS
Total funds brought forward			284,660	63,467	348,017	368,637
TOTAL FUNDS CARRIED FORWARD			306,044	~126 608	~430662	348017

				2023	2022
		Unrestricted	Restricted	Total	Total
	Notes	fund 6	funds 5	funds 6	fundsf
FIXEDASSETS
Tangible assets	13	4,328		4,328	7,178
Investments	14	1		1	1
		4,329		4,329	7,179
CURRENT ASSETS
Debtors Cash at bank	15	2,860 ~338448	61,616 ~637668	64,366 ~876 116	71,257 1,189550
		341,298	699,184	940,482	1,250,927
CREDITORS
Amounts falling due within ons year	16	(40,683)	(473,576)	(614,169)	(920,089)
NET CURRENT ASSETS		~300716	~126608	~426 323	340,838
TOTAL ASSETSLESSCURRENT	LIABILITIES	306,044	126,608	430,662	348,017
NET ASSETS		~306044	~126608	~430662	~348 017
FUNDS	18
Unrestricted funds Restricted funds				306,044 ~126608	284,560 53,457
TOTAL FUNDS				430,662	348,017

			2023	2022
		Notes	6	f
Cash flows from operating activities Cash generated from operations		1	~313644)	913,021
Net cash (ussd in)/provided	by operating	activities	~313644)	~gt 3021
Cash flows from investing activities Purchase oftangible fixed assets				~4,695)
Net cash provided by/(used	in) investing	activities		~4895)
Change in cash and cash	equivalents	In
the reporting period			(313,644)	908,326
Cash and cash equivalents	at the
beginning ofthe reporting	period		1 188660	281 334
Cash and cash equivalents	at the end	of
the reporting period			~876 116	~1,189660

RECONCILIATION OF NET ACTIVITIES	INCOME/(EXPEN	DITURE) TO NET CASH	FLOW FROM OPERATI	NG
			2023	2022
			6	6
Net Income/(expenditure)	for the reporting	period (as per the
Statement of Financial Activities)			82,636	(20,620)
AdJustments for:
Depreciation charges			2,860	3,178
Decrease in debtors (Decrease)/increase in creditors			6,901 ~406930)	799,185 ~131278
Net cash (used in)/provided	by operations		~313644)	913021

At 1.7.22 f	Cash flow f	At 30.6.23
~1189660	~313644)	~876116
~1,189660	~313,644)	876,116
~1189660	~313644)	~876 116

				Direct	Support
				Costs (see	costs(see
				note 7) f	note 8) 5	Totals
Education,	research, advocacy,
conservation		and habitat	enhancement	1 432616	16768	1 449383
				~1432616	~16768	~1449383
DIRECT COSTS OF CHARITABLE ACTIVITIES
					2023	2022f
Staff costs					436,084	363,535
Contractors					699,469	708,169
Meeting rooms and sundries					308	234
Travel					27,914	18,840
Consultancy		fees			9,864	3,487
Materials					180,111	50,189
Equipment					2,272	10,042
Insurance					8,434	8,057
Telephone	and broadband				3,691	4,011
Printing, postage and stationery					1,621	1,243
Sundries					6,612	5,847
Administrator's		fee & book-keeping			16,472	25,896
Office facilities					26,641	21,753
Office repairs		&renewals			4,036	2,320
Advertising					2,478	3,125
Programme	development		officer's equipment		1,018	857
Computer	consumables		and software		3,637	4,116
Training					3,981	1,633
Legalfees					73
					~1432616	~1,233354
SUPPORT	COSTS
						Governance
						costs
						6
General						~16 768

		2023	2022
		6	f
Depreciation - owned assets		2,860	3,178
Auditors	remuneration	13,800	9,000
Operating	lease rentals	~22 213	~19419

STAFF COSTS
				2023	2022
				8
Wages and salaries				377,113	314,849
Social security costs				29,306	24,033
Other pension costs				~28 666	~24 653
				~436084	363,535
The average monthly	number ofemployees	during	the year was as follows:
				2023	2022
Executive officer				1	1
Catchment officers				2	2
Project officers				11	7
Education officers				2	2
Support officers				2	2
				18	14


12.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
					Unrestricted	Restricted	Total
					fund	funds	funds
					f
	INCOME AND ENDOWMENTS		FROM
	Donations and legacies				33,633		33,633
	Charitable activities
	Education, research,	advocacy,	conservation
	and habitat enhancement					1,174,188	1,174,188
	General				1,242	—	1,242
	Other trading activities				17,391		~17391
	Total				52 266	~1174 188	~1226454
	EXPENDITURE ON
	Charitable activities
	Education, research,	advocacy,	conservation
	and habitat enhancement				11,862	1 235212	1 247 074
	Total				11,862	1,235,212	1,247,074
	NET INCOME/(EXPENDITURE) Transfers between funds				40,404 ~15,049)	(61,024) 15,049	(20,620)
	Net movement in funds				25,355	(45,975)	(20,620)
	RECONCILIATION	OF FUNDS
	Total funds brought	forward			259,205	109,432	368,637
	TOTAL FUNDS CARRIED FORWARD				284,560	63,457	348,017
13.	TANGIBLE FIXEDASSETS
				Fixtures
				and	Motor	Computer
				fittings	vehicles 5	equipment 5	Totals f
	COST
	At 1stJuly 2022 and	30th June	2023	~1800	~7194	~6960	16964
	DEPRECIATION
	At 1stJuly 2022			90	4,886	3,801	8,776
	Charge for year			360	770	~1720	~2860
	At 30th June 2023			460	6 655	~6621	1~1626
	NET BOOK VALUE
	At 30th June 2023			~1360	1,639	~1439	~4328
	At 30th June 2022			1,710	2,309	3,159	~7178

													Shares in
													group
													undertakings f
	MARKET VALUE
	At 1stJuly 2022 and		30th June			2023
	NET BOOK VALUE
	At 30th June 2023												1
	At 30th June 2022												1
	There were no investment				assets outside the UK.
	The company's investments				at	the balance sheet date in the share		capital of	companies		Indude the		following:
	Wessex Rivers Services Limited
	Registered office. The Granary					Phillips	Lane, Strafford-Sub-Castle,	Salisbury,		Wiltshire,	SP1 3YR.
	Nature ofbusiness:		Cultural		Education
	Class ofshare;						holding
	Ordinary						100
												2023	2022
											6
	Aggregate capital and reserves										3,740		11,498
	Loss for the year									~77S8)			~2,245)
16.	DEBTORS: AMOUNTS			FALLING DUE WITHIN ONE YEAR
											2023		2022
											6		f
	Amounts owed by	group		undertakings									2,194
	Other debtors										~64	366	89,073
											64,366		71,287
16.	CREDITORS: AMOUNTS				FALLING DUE WITHIN ONE YEAR
											2023		2022
											f		8
	Amounts owed to group			undertakings							2,741
	Social security and		other	taxes							11,929		5,872
	Other creditors										18,044		59,768
	Deferred income									468,846			845,452
	Accrued expenses										12,600		8,999
										~614		169	920,089
17.	DEFERRED INCOME
								Under	1	Over 1		Year	Total
								year f					8
	At 1st July 2022							845,452					845,452
	Additions during ths		year					488,845					468,845
	Amounts released	to income						(8~45452					(8~45 4 2
	As at 30th June 2023

MOVEMENT IN FUNDS	MOVEMENT IN FUNDS	MOVEMENT IN FUNDS
					Net	Transfers
					movement	between	At
				At 1.7.22	m funds	funds	30.6.23
						f	5
Unrestricted	funds
General fund				284,660	23,636	(3,162)	306,044
Restricted	funds
Wessex Salmon & Rivers Trust				64	(64)
Rivers Test	&Itchen Catchment		Based
Approach -joint hosting				6,607	28,943		35,650
River Avon	Catchment	Based Approach
hosting				3,738	(417)		3321
Education				4,037	6,484		10,621
Research & Monitoring				7,065	10,669		17,714
River Stour	—Capital Projects			11,241	(3,607)		7,634
Rivers Test River Avon	& Itchen - Capital Projects - Capital Projects			10,456 ~20 259	s,ese ~8436	~3162	19,021 ~31 847
				~63457	~58 999	~3162	~126608
TOTAL FUNDS				~348 017	~82 636		~430662
Net movement in funds,		induded	in the above are as follows
					Incoming	Resources	Movement
					resources	expended	in funds
						f.	5
Unrestricted	funds
General fund					72,181	(48,646)	23,636
Restricted	funds
Wessex Salmon & Rivers Trust						(64)	(64)
Rivers Test	& Itchen Catchment		Based
Approach -	joint hosting				62,500	(33,657)	28,943
River Avon	Catchment	Based Approach-
hosting					26,000	(26,417)	(417)
Education					89,983	(83,499)	6,484
Research & Monitoring					27,000	(16,341)	10,669
River Stour Rivers Test River Avon	—Capital Projects & Itchen - Capital Projects - Capital Projects				30,639 1,120,796 ~103020	(34,146) (1,112,230) ~94684)	(3,607) s',ese ~8435
					~1469,837	~1,400 838)	58,999
TOTAL FUNDS					~1,632018	~1449383)	~82 636

Comparatlve	s for m	ov	emen	t	In fund	s
								Net	Transfers
								movement	between	At
							At 1.7.21	in funds	funds	30.6.22
							f	f	f	f
Unrestricted	funds
General fund							259,205	40,404	(15,049)	284,560
Restricted	funds
Wessex Salmon & Rivers Trust										64
Rivers Test	& Itchen	Catchmsnt			Based
Approach -	joint hosting							6,607		6,607
River Avon	Catchment		Based Approach-
hosting							4,348	(610)		3,738
Education							39,248	(42,211)	7,000	4,037
Research & Monitoring							7,055			7,055
River Stour	- Capital	Projects					22,721	(11,480)		11,241
Rivers Test	& Itchen	—Capital Projects					8,080	(1,923)	4,299	10,456
River Avon	- Capital	Proiects					~27 916	~11407)	3,750	20,259
							~109432	~61,024)	~15049	~63457
TOTAL FUNDS							~368637	~20620)		348,017
Comparative	net movement			in	funds,	included	in the above are as follows:
								Incoming	Resources	Movement
								resources f	expended f	in funds f
Unrestricted	funds
General fund								52,266	(11,862)	40,404
Restricted	funds
Rivers Test	& Itchen	Catchment			Based
Approach -	joint hosting							17,750	(11,143)	6,607
River Avon	Catchment		Based Approach
hosting								25,745	(26,355)	(610)
Education								30,023	(72,234)	(42,211)
River Stour	- Capital	Projects							(11,480)	(11,480)
Rwers Test River Avon	& ltchen —Capital	- Capital Projects Projects						936,865 ~163805	(938,788) ~175,212)	(1,923) ~11407)
								1 174,188	~1,235,212)	~61,024)
TOTAL FUNDS								1,226,454	~1,247,074)	~20 620)

				2023	2022
INCOME AND	ENDOWMENTS
Donations and		legacies
Donations Membership income				14,367 ~3374	30,643 2,990
				17,731	33,533
Other trading	activities
Fundraising events Sponsorships				2,760 ~11700	5,149 12,242
				14,450	17,391
Charitable activities
Grants				1,499,837	1,175,430
Total incoming		resources		1,632,018	1,226,454
EXPENDITURE
Charitable activities
Wages				377,113	314,849
Social security				29,306	24,033
Pensions				28,666	24,653
Contractors				699,469	708,169
Meeting rooms	and sundries			308	234
Travel				27,914	18,840
Consultancy fees				9,864	3,487
Materials				180,111	50,189
Equipment				2,272	10,042
				1,366,022	1,154,496
Other
Insurance				8,434	8,057
Telephone and	broadband			3,691	4,011
Printing, postage		and stationery		1,621	1,243
Sundries				6,612	5,847
Administrator's	fee &book-keeping			16,472	25,896
Office facilities				26,641	21,753
Office repairs 8		renewals		4,035	2,320
Advertising				2,478	3,125
Programme development			officer's equipment	1,018	857
Computer consumables			and software	3,637	4,118
Training				3,981	1,633
Legalfees				73
				77,693	78,858
Supportcosts
Governance	costs
Accountancy	fees			13,800	9,000
Carried forward				13,800	9,000

		2023f	2022f
Governance costs
Broughtforward		13,800	9,000
Payroll administration			1,366
Bank charges Depreciation oftangible	lixed assets	118 ~2860	176 3178
		~18768	13,720
Total resources expended		1,449,383	1,247,074
Net income/(expenditure)		~82 638	~20,620)