CALDER Annual Report foi the year ended 31 March 2024 TRUST CALDER RIVERS TRUST Trustees Annual Report for the year ended 31 March 2024 January 2025 Page l of12 CALDER Annual Report foi the year ended 31 March 2024 TRUST Contents AdministratNe Infottnation..................................._..........._.........._........................ 2 Sttudure, Governan￿ & Man￿jernent............................................................... 3 Objectives and activities......................................_..........._......................_............ 3.1 ProtectitvJ rivers............................................................................................... 3.2 Balancing LatKI Use ......_...._.._.._.._.._................__._.._....._..........__......._.._........._.. 3.3 Workn"ng wilh others......................................................................................... 4 Our Partners._....._.___.........._._.._.._.._.._.._.....__.........__._.._.....___....._..___......_.__......_.._ 10 Financial Review..._........................................................._..................._.._.......... 10 6 Approval....--.-..-..-.---.-.......--.-..-..--.-..-..-................----..-.....---.....-...--......-..--.......-- 11 January 2025 Page 2 of12 CALDER Annual Report foi the year ended 31 March 2024 TRUST 1 Administrative Information The Calder And Colne River5 Ttust Ltd is a private litnited company by guaiantee 06822083 and registered chanty 1134377 (the °Trust"). The company was registered The charrty was registered 17 February 2009 18 February 2010 We otEtate as 'Calder Rivet5 Ttusf. Charity number 1134377 Company number 06822083 Registered office The Elsie Whiteley Innovab"on CenttE Hopw(x>d Lane Halifax West Yorkshire HX15ER January 2025 Page 3 of12 CALDER Annual Report foi the year ended 31 March 2024 TRUST 2 Structure, Governance & Management The tIU5tees of the Ttust, who are also the dIrect(￿S for the purposes of cornpany law. Collective￿ fotm the Boatd of Ttustees (the "Bor). The BOT for the petiod 1 April 2023 to 31 March 2024 (the period.) covered by this retx)rt comprised: Cindy Lockw(KxI (Appointed to BOT 13 Marth 2024) Esther Got￿(￿-s￿[th (Appointed to BOT cyl 1 July 2023) Frank Law50n Geoffrey Sweaney Helen Upson lan Whttworth Jason Young Nicholas Simtns (Chair) Titnothy Conroy Warren (%odall (Resigned trorn BOT on 22 May 2023) The BOT give Iheir tsme voluntan.ly and receive rK) financial ￿nefftS from the Trust for their work in that capacfy. The BOT is atv)inted through a nofflination and dection w(Ke5s and Serve a tetm until retirirbg on rotation. The Board meet5 regulatly to oversee governan￿, risk managemen( and strategic plannir¥J. Key risks identffied are managed at BOT level or delegated to st￿c￿C sub-gr(xJps or narned itKlividuals_ January 2025 Page4 of12 CALDER Annual Report foi the year ended 31 March 2024 TRUST 3 Objectives and activities Caldei Rivets Trusfs purposes as set out in it5 goveming docurnent are- to (x)nsetve, ptotect, rehabilrtate. arKI improve the rive￿, streams, watercourses, and water itnpoutKlmen& of the catchments cornwising of the river5 Calder (West Yotkshire), ColrE, Hdme and RY￿rn, and all other tributaries and C(￿rECted waterways" To adwance the education of the public, 01 any associat¥on, company, local authotity, administrab.ve or govemrnental agency 01 public body or representative b(Kly in" (a) the understanding of river5, river c(Kridors and catchrnents, induding their fauna, flora and ecorK)mic 01 so(ial activity, and nver catthment management (b) the need for, atKI benefrts of, conservation, wotection, iehabli rtth"( and irnprovement of aquab"c envIr(￿Ments. These purposes infortn the Ttusvs overall ambition ft)r a prosperous aTKI. tesilient Calder catchrtEn( for our communities atKI nature. This ambttion atKI I purtK)ses steer the Ttust's activities in three areas of activrty" piotecting river5, tk31ancI￿ land use, and workn.ng with others. The TtUSt's ath"wities t￿nefit the public by improving water qualty, reducing Ilood risk, enhancing bKxliversrty, arKI increasing community engagement with Ihe natural environrrEnt. These efforts contribute to healthier river ecosystem5 and more resilient landscapes for local communrties. 3.1 Protecting rivers Our primary objecttve for th￿ area of activtty is to restore fieshwater habitats and reconnect them with widei landscape. Cakler is a recovering F￿-indUstrIal catchment ￿lCh fa￿ multiple challenges to recovery" heav rrKKltfication and water quality. A healthy and resilient river can be characterised as having water qualrty, dynamic sediment w(Kesses, and COnnect￿n to a rich tiparian zoneAI(KKlplain_ Our work prt)tecting rivers is aimed at supporting the Calder catchrnent's watertx)dies achieve these characteristics, through the following activities" January 2025 Page 5 of12 CALDER Annual Report foi the year ended 31 March 2024 TRUST Surveying and assessiro watert>odies foi artsficial itkchannel structuies and arttficial riverbanks. evaluab.ng their impact on natural rivei processes and habrtat connectivty" DevelopitvJ and ddivering site speaffic Fwects to testore and reconnect lost habttats, and natural river [unth"(￿s. ¥1 Identifying point and drffusion pollution pressures th[￿gh wateitthy alkovers, infotrning the Ttusys land thi.￿ and enwement activities" Monrtoting water qualrty and aquatic invertebrates as proxse5 for rivei health. Connectin the Calder Thiwgh 2023124, the Ttusfs c(￿neCting the Calder pr(yJiamme has continued to exparKI our understanding of the I￿a￿"OnS and impact of a￿"[l￿al features by visth.ng and (lOCuTh￿nting 123 weirs within the catCh￿￿n( We conducted feasibility wotk on the rertK)val of 9 weirs in the ￿"Ve[ Hdme. We ca￿led out walkovers on 35 km of watertx>dies. We completed wotks terrK)ving a weir atKI 350 m of arttficial rivert>ank ￿ Black Brook, restoring tiver processes atKI reconnecting the river to the floodtAain. L(K)kn"ng fotward, feasibilty and destgn wotk to address in-channel sttu(thres will pr(NJress within the &)nnecting the Calder pr(yJtamme. We will work to secure t￿[MissIOnS and funding foi delivery ￿lIst idenb"fying futuie project locth"on5. We'll conbnue to use water quality data and liver health proxies to identsfy pressures to our tivers that we can ￿)[k to *lress. 3.2 Balancing Land Use We ktK)w Ihat the water we monitor in our rivers has travelled thro￿h the latKI in our (xtchment, atKI rts qualrty is a result of how we use land. Our focus in Ihis area of wotk is to supp(Kt larKlholders to manage land well for water. The upper areas of the Calder (xtchment are very restx)nsive to rainfall events which leads to signtficant fl(xxJ risk in the communib.es further down Ihe valley. Much of the upland pasture has been arb"ficially dtained, increasing the catchmenfs responsiveness whilst limrting (¥v)rtunth"es for groundwater techarge. Recent yea[5 have highluhted an increasing drought tssk. Clitnate wqeth.ons indicate annual rainfall is likely to be focussed into rn(￿e frequent January 2025 Page 6 of12 CALDER Annual Report foi the year ended 31 March 2024 TRUST atKI heavy rainfall events, society will have to manage water in dilferent ways to ￿ldresS tK)th drought and flo(xl risk. We also krK)w that water falling in our catchment can be contarninated by fine sedirnents, nutrients, and faecal matetial as it passes through agricultural lar￿. Supp(Kb"ng landholdetS to a(klress water quantty and quality iSSLJes will help in protecting our rivers. To do this, Caklei ￿"ve[S Tnjst carties out the following actmties" Ftee arKJ c(￿ridents"al whole holding advi￿. We wotk wrth laTrJholdets to survey land rnanagernent activrties, culrninab.ng in a report which hwhligh& otv)rtunib"es to save money and hdp the environment" Host the South Pennines Farmers Group fatm cluster to facilrtate peer- t(weer leamI￿ and dissefflinate infotmab.on on poliry. agri- environtnent schemes and good practi￿. SuptK)rt landholders to apply for land management funding, helping with delivery of actmties" Promote the use of P￿entS for Ecosy5terns services as a sustainable and balan￿d approach to funding land management and improverrEnt for the environment. Farm & Rural knaison Our ongoitvJ Fa￿n & Rural Liaison project (supp(Kted by the Cotnrnunity Lottery) has continued to pro￿de land management advice th1o￿h 2023r24, carying out pinpoint sutveys on 15 holdirus, eCo1￿1C3l sutveys covetitvJ and hosting 6 events foi the South Pennines Farmers Group. The Ttust SUPFX)rted the deltvery of natural flood management interventtons 3 holdings th￿gh design, c(￿sen0.ng, and practical delivery activtb"es. This included planbng apptoximately 2500 saplit¥Js for woodland and hedgerow cieation, 7.5 ha of woodlarKI managerYEn(30 leaky wood baitiers, 2.5 ha of Hirnalayan Balsarn management, cteation of 4 attenuation basin wetlandslponds. We also delivered aer￿1(￿ of >130 ha of upland grassland. lenish This year we established the foutKlab"ons for the Replenish progrartKne which will support landholder5 to manaJe water in ways which piovide [￿re environrnental and soaetal benef￿ Funded by ptiwate business, ar￿ usi Volutnetric Water Benelrt AcC￿ntIng, landholders changityJ land use or January 2025 Page 7 of12 CALDER Annual Report foi the year ended 31 March 2024 TRUST creab.ng wetlarKI habitat wll te￿1ve paytrEnts foi ecosystem se[Vi￿ to continue tnanagir¥J land arKI water for mults"p￿ benefits. Th￿ area of work for the Ttust will be a useful rnechanism to address land use water thallenges across the catthment. whilst supporb.ng rural businesses. L(K)king fotward, the Trust will continue to provide land advi￿, and SUFV)rt landholder5 to manage land for water th0￿h local and national funding, arKI Ihe Replenish programme. From May 2024 we will also eXpl(￿e other payrnents for ecosy5teffl Servi￿ markets through the Calder and Colne LarKlscape Links Landscape Recovery project 3.3 Working with others Histotic water quality and fk>oding issues have led communities to tum Iheir bad(s to the tiver and build physical walls for protedion_ Oui focus in this atea of wotk is to reconnect our (x>rYYnunth"es with the river, and wotk in partnership wrth othe[5 to address the chalbenges oui catchrnent fa￿_ We tElieve disconnection from bILE1gr￿n spaces tEgab"vety impacts our cornrnunities, research derrK)nstrates the wellbeing beneffts of aC￿sS to go qualrty bluelgreen spa￿. Ac￿sS to and uTrderstanding of water environment is also imtx)rtant to infotm the YRY we use water as a society. There is much to do to reconnect our c(xntnuntb"es to the tiver and make our catchment tnore proyrous and resilienL this needs to be d￿e in partnership. We work wrth othe[5 by: )ntinuing to cultivate partnership wotking th[￿gh the Calder CatchrrEnt Partnership: Providing optx)rtuntb"es for VolUnt￿rIng that suppth the T[￿'S monrtoring and delivery activities" Working to increase public awareness of the Trust's aim5 and adNib"e5, and understanding of the water environmerbt. Caldei Catchtnent Partnet5hi The Calder Catchtnent Partnership brings together k)(31 people atKI (Kganisation5 to wotk towards a healthier and rnoie resilient watei January 2025 Page 8 of12 CALDER Annual Report foi the year ended 31 March 2024 TRUST environrnent. The W￿le partnership rtEt 4 times during tIE year to wesent on activities atKI discuss catchment priorib"es. The partnership SUpp(￿ted the development and submission of the upper catchment fo(￿ssed Calder and Colne Landscape Links project to rx)und 2 of LatKlscape Recovery. The bid was successful and for 2 yea[5 from May 2024 catchment partners will devdop plans for larKlscape improvements over a 20 year delivery peri(KJ. ctb.zen Saence This year marked the 13th season for wr ¥uabc invertebrate mOnit￿l[¥j ￿"Ver Health Project (￿[ volunt￿[ tnonit0ri￿ team grew to 60 tEople who conduded monlhly monitoring o* srtes across oui catthrnent between March and OdotEr. We established a pilot water qualty ￿(￿rto[1ng project wrth rnemtEts of Halifax CarK)e Club. Their rnembers regulatly become unwell after ytKling titne in the River Calder. This pilot which has been m(￿[tOring dissolved nutrients Sin￿ July 2023, seeks to explore rf we can support thern wrth water qualrty inforrnabon to inform deasions on entering the water. It has a550 helped the club rrEmbet5 to consider water quality and water usage more txoadly. We have 2 publidy ac￿S￿ble dashboards which host all the Rivei Health Project and Halifax CarK)e Club data. Volunteerin In ￿ldItiOn to (itizen science. we had volunteers support wrth river clean ups, tr￿ plantit¥J, and Hirnalayan balsam control. This was a mix of vdunteers fr(￿n corporates atKI members of the public. In total we had approximately 12(K) volunteer houT5, exCI￿lIng BOT contribub"ons. L(K)kn"ng fotward, we'll be C(￿tinuing to work in partnership wtth other ¢Nganisab"ons to tackle catchment pressures and issues through the Calder Catchtnent Partnet5hip. We will l(x)k to expand oui Rivei Health Prqect trK)nttoring locab.ons and number of rtK)nrtors to help rtK)nttor I￿9 teim changes to our tivers. We will C(￿tInUe to support the Halrfax Car￿e Club volunteers, and l(K)k fot additional satnFAing points and comrnunity groups to January 2025 Page 9 of12 CALDER Annual Report foi the year ended 31 March 2024 TRUST Fwvide greater coverage. We will continue to provide practical volunteering (vtx)rtunities fof Members of Ihe public and corwrate groups. 4 Our Partners During this t￿rK)d the Ttust has vK)tked in partnership ￿th the Envir￿[nent Agency, Natural England, DEFFW, Yorkshire Water, y[￿hIre Wildlife Trust, Nab"onal Trust. ￿"Ver Holme conneth.￿s, Calde￿ale Council, Kirklees C￿n£11, West Yorkshire Combined Authority, Moors for Future Partnership, Halrfax can(￿ Club, partners within the Calder Catchment Partnership, atKI our umbrella oiganisatiorwThe Rivets Ttust. 5 Financial Review During the peri(Kl, the Tnjst total inc(XTE of £441 ,261 and total expenditure of £387,829. The rnajority of income was received from grants and partnerships. At year-end, the Trust held resetves of £354,661 in litE with rts iesetves tK)licy, ensuting our ability to conbnue delivering our (*)jectives_ A financial breakdo is provided in the Annual Accounts accompanying this rerK>rt. The T[￿S reserves policy airn5 to mairrtain sufficEnt funds to covei ope￿.￿g costs and risks for a defined perK)d, ensuring financial stabilrty and resilien￿. During the peti(Kl, reserves remained in line with this tx)liry. The key financial tisk identified was fvnding Un￿rtaInty arKI risitu costs, which is b￿"T¥j manag through d1ver51ficab.(￿ of incotne S￿[ce5 arKI building cole ieserves. January 2025 Page 10 of f2 CALDER Annual Report foi the year ended 31 March 2024 TRUST 6 Approval This report 15 approved. Signed on tEhaif of Ihe Board of Tnjstees" Signature Full natne Nicholas Simms P05tb"on Chair D*e 31 January 2025 January 2025 Page 11 of f2 CALDER Annual Report foi the year ended 31 March 2024 TRUST INe are your local ￿ve[S trus( wotking hatd to improve rive￿ and waterways in Cal(krdale, Trfjtklees and WakefEld in West Yoikshire. We ale afFiliated with The Rivers Trust the utnbrella t￿Y of river5 trust tnovemen( working to protect, pl(￿rK)te and enhan￿ our freshwater ecosy5tefns for t)oth tEople and wildlrfe. The Caldet catchment indudes the tnain rivet5 Calder. Colne, arKI HtAtne. And all the rivets. strearns, canals. waterways, and watercourse5 C￿T￿cted to them. We work across all these aters ￿thin oui catchment. OUT river projects aim to improve the riveT5 and waterways of the River Calder catchment for both people and wildlife We rely on volunteers to help us with all aspects of our wor We rely on the generosity of local people to support our important work. For more information atK)ut our cause pl&qse visrt VhVW.calderandco1r￿rive[strUst.org Q) Calder ￿"verS Trust 2025 The Calder & Colne River5 Trust is a company limited by guarantee Registered ofFi￿. The Elsie Whiteley Innovation Centre, Hopwood Lane, Halifax, HX15ER Company No. 06822083 Charrty No. 1134377 Operab"ng as 'Calder Rivers Trusf You must not adapt or re-use this information wtthout the wrttten consent of the TnJ5t. If you have any enquiries about t￿"S publicati￿ email talk@C3Ederandcolneriversttust.org January 2025 Page q? of f2 CALDER Annual Account5 for the year ended 31 March 2024 TRUST CALDER RIVERS TRUST Annual Accounts for the year ended 31 March 2024 January 2025 Page 1 of16 CALDER Annual Accounts for the year ended 31 March 2024 Contents Administrative InfotTnation..................................._..........._.........._........_.._............ 2 Structure, Governan￿ & Manajement............................................................... 3 Tnjstees, Restx)nsibilib"e5 and A￿0Val of Financial Statements....................... 4 Staternent of Financial Activities....................................._..................._.._............ 5 Balan￿ Sheet...._.___.........._._.._.._..__._.._.....__.........__._.._.....___....._..___......_.__........____ Grants and inc(xne.............................................................................................. 7 Creditors ...____.._.._..__.........._...._.._.._.._.._................__._.._....._.........._._......_.._........._ 10 8 Notes to the Annual Accounts........................................._.........._........_.._.......... 11 8.1 Account"ng Policies...._._.._..____.._.._.....__.........____.._.....___....._..___......_.__......_.._ 11 8.1_1 Basis of preparats"on............................................................................ 11 8.1.2 Inccffling resources .-..-..-..-..-................--.-..-.....-..........-.-......-..-.........- 11 8.1.3 Resources expended.......................................................................... 12 8.1_4 Fund sttucture....._._.._..____.._.._.....__.........__._.._.....___....._..__._....._.__........._ 12 8.2 Note on relationship of Directors acting as Con￿ctors.............................. 14 8.2_1 Wetland Engineering_..__._.__.._....___.........____.._.....___....._..___......_..__.......__ 14 8.3 Taxknon........._........................................................._......................_.......... 15 8.4 Liabilrty of diredors...__._.._..__._.__.._....___.........__._.._.....___....._..___......_..__.......__ 15 January 2025 Page 2 of16 CALDER Annual Accounts for the year ended 31 March 2024 1 Administrative Information The Calder And Colne ￿"ve[S Ttust Ltd is a ptivate litnited cornpany by 06822083 1134377 guarantee ￿ and registered chattly ￿ (the °Tru5t°). The company was registered The charity was registered 17 FetKuary 2009 18 February 2010 We OFErate as 'Calder Rivet5 Ttusr. Charity nutnber 1134377 Ci)mpany number 06822083 Registered office The Elsie Whiteley Inn(wab"on Centre Hopw(x)d Lane Halifax West Yorkshire HX15ER Independent Examinei TaxAssist Accountants (Mirfield) (Cramp & Harditu Ltd 06524203 g Knowl Road Mirfield West Yorkshire WF14 8DQ January 2025 Page 3 of16 CALDER Annual Accounts for the year ended 31 March 2024 2 Structure, Governance & Management The tIU5tees of the Tnjst, who are also the dIreCt(￿S for the purposes of cornpany law. collethvely fotm the Boatd of Ttustee5 (the "Bor). The BOT for the petiod 1 April 2023 to 31 Marth 2024 (the period.) covered by this ietx)rt Com[￿ed. Cindy Lockw(Kxl (Appointed to BDT on 13 Marth 2024) Esther Gord(￿-S￿1th (Appointed to BOT on 1 July 2023] Frank Law50n Geoffrey Sweaney Helen Upson lan Whttworth ja￿>￿ Young Nicholas Simms (Chair) Titnothy Contoy Waffen (knxlall Resigned frotn BOT ffl 22 May 2023) The BOT give their time voluntarily and receive tK> financial beneffts frotn the Ttust for their work in that capacrty. January 2025 Page4 of16 CALDER Annual Accounts for the year ended 31 March 2024 3 Trustees, Responsibilities and Approval of Financial Statements statement of the ReSt￿sibIlitIeS of the Trustees The BOT are rest)onsible for weparing the Trustees, Annual Retx)rt atKI the financial statements in accordan￿ with applicable law and regulab"ons. The BOT tNst ensure that the financial statements give a ttue and fair iew of the Trusys aate of affairs and its inc(xne and expendituie for the financial year, in Complian￿ with" The Chartties Act 2011; The Companies Ad 2006" and The Statement of Recomme￿Ied Practi￿ (SORP) - Accounting and Rep￿1[￿3 by Chattties (FRS 102). In preparing the financial statetnents, the BOT are restK)nsible for Selecting and applyirbJ Suitable accounb"rvJ policies consistently" Making judgements arKI estimates that are reasonable and prudent" and Preparing the financial statements on a going con￿￿ basis, unless it is inappropriate to assuNE that the Trust will continue its actrvib"e5. The BOT [￿St also ensure that the Trust" Maintains proper accounting records in accorda[￿ with section 386 of the Q)mpanies Act 2006; Safeguards the asset5 of the Ttust and Takes reasonable steps to wevent and deted fraud atKI other irregulaith"es. Approval of the Financial Statements The Ttust is entrtled to exemptK)n from the a￿l"rt requirement under section 477 of the Companies Act 2￿6 for the year ended 31 March 2024. No trust￿ has dew)sited a [K)t1￿ put5uant to section 476 of the Ci)mpanies Act 2006 requiring an audtt of these accwnts. January 2025 Page 5 of16 CALDER Annual Accounts for the year ended 31 March 2024 The BOT confirrn Ihat fin3ncial statetnents" Give a true and fair view of the Ttusts financial tx)sition as at 31 March 2024- Show the incotne and expenditute for the financial year, in accordan￿ with sections 394 arKI 395 of the C(Thpanies Act 2006" and Othetwise comply with the requitements of the Companies Act 2006 applicable to the TtusL These financial statements are approved. Signed on behalf of the Boanl of Ttustees" Full natne Nicholas Simms Position Chair Date Jan 31. 2(r25 January 2025 Page 6 of16 CALDER AtTrnual Accounts for the year ended 31 March 2024 4 Statement of Financial Activities Tabl& 1: Statement of FiTrancial AclivilFes (includng income and expendrture aCC￿nt for the year ended 31 March 2024) Vnfestricted fullds Restricted f4mds Total 2024 Total 2023 Notes Incorning resoU￿e5 frorn geneTated funds Sales Bank interest Incorne received frorn charitable sources Grants & dona1K￿s Total incoming resources Resources éxpen61 3W842 364,512 q9,573 3,744 38T,829 53,432 301,229 219.349 12.436 3.252 235.037 177.072 124.157 3,￿3 362,065 71,IT2 220,505 (291,157) 354,661 301.229 Janu3ry 2025 Page 7 (K16 CALDER AtTrnual Accounts for the year ended 31 March 2024 5 Balance Sheet Tabl& 2: Balan￿ Sheet as at 31 March 2024 2024 2023 Notes Fixed assets InVestM￿tS Current assets 1842 10 6.029 1CK) 2B7,461 916 f 42,85t 431,228 62,230 other debtors Cash at bank and tn hand 329,525 391,755 Credttors: an10￿nts lalling due within one ye Total a￿ts less cpJrrent liabilrties Table 4 82J64 40,655 348,864 351,1DD Net assets 354,661 357,229 Incorne funds Restricted fund5 U nrestrrded futKSs 220.585 80.644 301.229 354,661 354661 Janu3ry 2025 Paje 8of16 CALDER AtTrnual Accounts for the year ended 31 March 2024 6 Grants and Income Tablfr 3: Grants ar7d incotne received between 1 Aptil 2023 and 31 March 2024 UnTestricted funds Restricted f4mds Total 2024 Total 2023 Grants 8 Income Sales Grants D￿atIOnS other income 1,500 343,463 89,775 344,963 89,775 4,079 2,444 441261 108,114 301,876 1.109 1.010 412,109 4,079 8,023 433R38 Janu3ry 2025 Paje 9 of16 CALDER AtTrnual Accounts for the year ended 31 March 2024 7 Creditors Tablfr 4: credIt(￿s. amount5 f311ing due within <￿e year Total 2024 Total 2023 Credttors: aniounts lalling due within one yeaf Accruals Credrt￿s VAT PAYE & NIC Pension Credrt card facilits.es 1,412 39,370 41,475 3CIO 37.1 S8 1,047 2,OD5 137 40,655 107 82,3FA Janu3ry 2025 Paoe10of 16 CALDER Annual Accounts foi the year ended 31 March 2024 TRUST 8 Notes to the Annual Accounts 8.1 Accounting Policies 8_1 .1 Basis of preparation The account5 have been prepared urKler the h￿torical cost conventK)n and in accordan￿ with" Financial Rep￿lF¥j Standard 102 (FRS 102), the aFplicable UK accounbng standard" The Statement of RecommetKled practi￿ (SORP) - Accounting and Reportiw by Chartties (FRS 102) (effective 2019); and The Companies Act 2006. The Ttust tneets definition of a public benefit enb.ty under FRS 102 and has applied the relevant ptovisions acc0￿11ngty. 8.1.2 Incoming resources Income is recognised in statement of Financial Acbvth"es (SOFA) wtEn the following criteria are met The Trust has entrtlernent to the income- Receipt is FKobable" and The arrK)unt can measured teliably. Grants and t)onab"ons Grants and (k)nati(￿S are rec(NJnised when the Trust has entitle[rE￿( re￿Ipt is probable, and the ar￿Unt can tE reliabty rneasuied. Where gTh3nts are subject to perfo￿an￿ condib"ons, income is rec(NJnised as the Trust tneets the specffie(I conditK)ns and eam5 the tFght to the funds. Deferred Incotne Income re￿Ned in advance for a specific petiod 01 Servi￿ is defe￿ed until the Trust meets the conditions for recognition. January 2025 Page 11 of t6 CALDER Annual Accounts foi the year ended 31 March 2024 TRUST 8_1.3 Resouices expended ExperKliture is recognised in the Statement of Financial Activities (SOFA) There is a legal or constructive obligab.on to make a pa￿ent. It is probable that settlement will be required" and The arrK)unt can be measured teliably. 41 Classification of Expenditure ExpetKliture is dassified under the following headings" Charitable Activities - Costs incurred in delwering tIE Trusys obJ"ectives. Raising Funds- Costs of gerErating voluntary incorrE, induding fundraising and grant applications_ Governan￿ Costs - Costs associated with govemance of the Trus( induding legal, regulatory, and compliance costs. Allocats"(￿ of Costs Direct costs are allocated to the relevant actiMty. Supp(Kt costs (Includi￿ administrative, IT, and managernent costs) are allocated to activtb.es on a reasonable arKI C(￿51Stent basis. Liabilities abilities are recognised as soon as tFE Trust has a legal or consttuctive obligabon to make a payrnenL 8_1.4 Fund structure The Ttust tnaintains the following types of futKIs- unrestn.cted Funds These funds are available for use at the discretion of the BOT in furtherance of the charttable objectives of the Trust. The BOT may deggnate funds k)r specthc purposes. While designated funds remain unrestricted, they are set aside for particulai activities. Restricted Funds January 2025 Page q? of t6 CALDER Annual Accounts foi the year ended 31 March 2024 TRUST These funds can only be used for ¥Ecthc putposes as specifEd by the do￿[ or where futKls wete iaised for a particular purpose. Restridions arise when imtx)sed by grant c[￿dItI￿5, donor instructions, or tundiaising appeals_ The BOT may also impose intemal restrictions on futKIs foi strategic 01 operational purTK)ses. These resttith.ons may be temtx>tary, with these ¥1 funds transfe￿ed back to unrestricted funds then the original puttK)se of the ie5tricb.on is rK) longer required. A sumtnaty of the Ttust's futKls is provtded in the financial staternents. January 2025 Page 13 of t6 CALDER Annual Accounts foi the year ended 31 March 2024 TRUST 8.2 Note on relationship of Directors acting as contractors 8_2.1 Wetland Engineering During the FEriod" WetlaThl ETr3ineering, a business operted by Geofftey Swearw, wh) was a BOT [r￿mber during the period, was contracted to deliver paid work for the Trust. This did not cover any duties related to his iole as a BOT rrEmber_ In accordance wrth best praCts￿ arKI governan￿ standards, this BOT rnember was excluded tr￿n all decisions regaNliru the atwintnient, terrns, and payment of this contract. January 2025 Page q4 of t6 CALDER Annual Accounts foi the year ended 31 March 2024 TRUST 8.3 Taxation The Ttust is not VAT registered during the period. The Ttust is exernpt f￿)ffl corpo￿tI(￿ tax on its chairtable actiwities. 8.4 Liability of directors The Ttust is a company limited by guarantee and (k)es not have any share capital. Eath BOT tnetnber undertakes to Contri￿te a sum rK)t exceeding £1 to the assets of the Ttust in the event of its winding up. while they are a BOT rnember or within one year after they ￿ase to hold offi￿. This conttibub.on is for the wrtK)ses of" Pawng the debts and liabilities of the Trust incurred before they ceased to be a BOT rnember, Covering costs, charges, and expenses of winding up" and Adjusting the tights of contributors atnong thetnselves. January 2025 Page 15 of t6 CALDER Annual Accounts foi the year ended 31 March 2024 TRUST INe are your local ￿ve[S trus( wotking hatd to improve rive￿ and waterways in Cal(krdale, Trfjtklees and WakefEld in West Yoikshire. We ale afFiliated with The Rivers Trust the utnbrella t￿Y of river5 trust tnovemen( working to protect, pl(￿rK)te and enhan￿ our freshwater ecosy5tefns for t)oth people and wildlife. The Caldet catchment indudes the tnain rivet5 Calder. Colne, arKI HtAtne. And all the rivets. strearns, canals. waterways, and watercourse5 C￿T￿cted to them. We work across all these aters ￿thin oui catchment. OUT river projects aim to improve the riveT5 and waterways of the River Calder catchment for both people and wildlife We rely on volunteers to help us with all aspects of our wor We rely on the generosity of local people to support our important work. For more information atK)ut our cause pl&qse visrt VhVW.calderandco1r￿rive[strUst.org Q) Calder ￿"verS Trust 2025 The Calder & Colne River5 Trust is a company limited by guarantee Registered ofFi￿. The Elsie Whiteley Innovation Centre, Hopwood Lane, Halifax, HX15ER Company No. 06822083 Charrty No. 1134377 Operab"ng as 'Calder Rivers Trusf You must not adapt or re-use this information wtthout the wrttten consent of the TnJ5t. If you have any enquiries about t￿"S publicati￿ email talk@C3Ederandcolneriversttust.org January 2025 Page 16 of t6 CALDER IndetEndent Examiner5 Rewrt for the year ended 31 March 2024 TRUST CALDER RIVERS TRUST Independent Examiners Report for the year ended 31 March 2024 January 2025 Pagel of6 CALDER Independent Examiners Report for the year ended 31 March 2024 Contents Administrative InfotTnation..................................._..........._.........._........_.._............ IrKlependent Exarniners ReFK>rt for year ended 31 March 2024............._............ January 2025 Paoe2of6 CALDER Independent Examiners Report for the year ended 31 March 2024 1 Administrative Information The Calder And Colne ￿"ve[S Ttust Ltd is a private litnited company by 06822083 1134377 guarantee ￿ and registered chattly ￿ (the °Tru5t°). The company was registered The charity was registered 17 FetKuary 2009 18 FeLYuary 2010 Operating a5 'Calder Rivers Trusy. Charity nutnber 1134377 Ci)mpany number 06822083 Registered office The Elsie Whiteley Inn(wab"on Centre Hopw(x)d Lane Halifax West Yorkshire HX15ER Independent Examinei TaxAssist Accountants (Mirfield) (Cramp & Harditu Ltd 06524203 g Knowl Road Mirfield West Yorkshire WF14 8DQ January 2025 Paoe3of6 CALDER Independent Examiners Report for the year ended 31 March 2024 2 Independent Examiners Report for year ended 31 March 2024 I iewrt on the accounts of the Trust for the year ended 31 March 2024. Respeth"ve Res[K)nsI￿"t[b.es of Trustees and Independent Examiner The ttustees of the Trus( who are also the directors for the WfFKtses of company law, colleth.vely fotm the Board of Trustees (the °BoV). The BOT are responsible for the ptEparation of the financial statenients in accordance wth chartty and company law. The BOT have considered that an audit is not required foi this pen(Kl under section 144{2) of the Charities Act 2011 and that an independent exarninatK)n is appropriate. Having safi"sfied myself that the Ttust is not required to audited urKler cotnpany law atKI is eI￿l￿e for inde￿ndent examination, l am reswnsible for: Exarnining the accounts under seth.on 145 of the 2011 Ac[ ¥1 Following the p￿)cedureS specified in the Charity Cornmission's DIreth(￿S under section 145(5){b) of the 2011 Ac(" and Reporb"ng whether any material matters have come to my attenb"on. Basis of Inde￿ndent Examinerfs Report My examinats.(￿ was carried out in accO[dan￿ wth the Chatity Commission's Directions. The examination includes" Reviewing the accounts.ng records maintained by the Trust" Comparing the financial statements with those records" and Considering any unusual transactions 01 disck)sures in the accounts. The procedu￿S utKlertaken (k) not provide all the eviden￿ iequired for an audt(3nd therefore, I do tK)t express an audrt opinion on the financial ¢• statements_ January 2025 Paoe4of6 CALDER Independent Examiners Report for the year ended 31 March 2024 Independent Examiners Statetnent Based on my examination, no matetial matter5 have c(xne to my 3ttenb"( that give me reasonable cause to bdieve thaL (a) The accounts have not been prop￿ prepared in accordance wrth" Section 386 of the Cofflpanies Act 2006 (requirertEnt to keep proper accounting records)- and Section 396 of the Cofflpanies Act 2006 (requirement to prepare fi[￿ncIal statertErts that ci)rnply wtth the Act atKI Charities SORP (FRS 102)). (b) No other matters have cotne to my attenb.on that should be drawn to the attenti(￿ of the BOT to assist a proper understanding of the accounts. Signed on behalf of the Independent Examiner" S￿natUre Full llame TaxAssist Accountants Position Independent EXa[n￿er Date Jan 31.2025 January 2025 Paoe5of6 CALDER Independent Examiners Report foi the year ended 31 March 2024 TRUST @ Calder Rivers Trust 2025 The Calder & Colne ￿ver5 Trust is a company limited by guarantee Registered Offi￿. The Elsie Whiteley InrK>vab"on Centre, Hopwood Lane, Halifax. HX15ER Company No. 06822083 Charrty No. 113437T Operab"ng a5 'Calder ￿"verS Trusr You must not adapt or re-use this information without the wrrtten consent of the Trust If you have any enquiries about thi.s publicatKm email talk@caldeiandcolneriverstrust.org January 2025 Paoe6of6