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|Trustees'
Report|Trustees'
Report||1 - 14|
|---|---|---|---|
|Independent|Auditors'|Report||
|Consolidated|Statement of Financial Activities|||
|Consolidated|Balance|Sheet|20|
|Consolidated|Statement ofCash Flows|||
|Notes to the|Financial|Statements|22-45|
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|Funds|
|||Note|2021|2021|2021|2020|
||||E|5||8|
|Income from;|||||||
|Donatians|||149,896|303,332|453,228|256,322|
|Charitable
activities|||1,068,851|1,548,697|2,615,548|2,097,590|
|Other trading
activities|||77,974||77,974|78,133|
|investments|||2,842||2,642|4,170|
|Other|||12,193||12,193|88,578|
|Total|||1,311,758|1,860,029|3,181,7$5|2,524,751|
|Expenditure
on:|||||||
|Raising funds||9|94,956|||88,471|
|Charitable
activities||10|1.063,405|1,694,997|2,668,402|2,401,771|
|Other||12|6,431||6,431|89,150|
|Total|||1,184,791|'l,894,9$7|2,75$,788|2,579,392|
|Net gains/(losses)
investments|on||76||76|(1'79)|
|Net Income/(expenditure)|||147,04'I|255,032|402,073|(54,780)|
|Transfers
betvveen|funds|21|(27,343)|27,343|||
|Net movement
In|funds||1'I$,$$8|282,375|402,073|(54,'780)|
|Reconciliation
of|funds||||||
|Total funds brought|forward||1,095,520|815,050|1,710,570|1,785,350|
|Totalfundscsrriedforwsrd||21|1,215,21$|897,425|2,112,843|1,710,570|
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|||Group|Group|Charity|Charity|
|---|---|---|---|---|---|
|||2021|2020|2021|2020|
||Nots|E|E|E|E|
|Fixed assets||||||
|Intangible assets|19|2,253|3,425|2,253|3,425|
|Tangible assets|20|108,0Q4|95,370|108,004|95,370|
|Investments|21||~|100|100|
|||11Q,257|98,798|110,357|98,898|
|Current assets||||||
|Stock|22|3,200||3,200||
|Debtors|23|1,455,041|1,219,361|1,454,033|1,212,506|
|Investments|24|320|244|320|244|
|Cash at bank and in hand||1,221,389|797,785|1,198,586|778,304|
|||2,679,920|2,017,360|2,656,139|1,989,056|
|Liabilities||||||
|Creditors
falling due within one year|25|(677,534)|(405,598)|(6'73,759)|(398,590)|
|Net current assets||2,002,388|1,811,772|1,982,381|1,59Q,488|
|total assets less current liabilities||2,112,643|1,710,570|2.092,735|1,689,364|
|Net assets||2,112,643|1,110,570|2,092,138|1,889,364|
|The funds ofthe charity:||||||
|Unrestricted
funds|27|1,215,218|1,095,520|1,195,313|1,074,314|
|Restricted funds|27|897,425|615,050|897,425|615,050|
|Total charity funds||2,112,643|1,110,510|2,092.138|1,889,384|
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|||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|---|
|||||2021|2020|2021|2020|
||||Note|K|K|K|K|
|Cash frorri (used ln) oPeratlng||activities|29|490,281|(84,751)|488,939|(78,205)|
|Cash flows from Investing|activities|||||||
|Interest income||||2,842|4,170|2,642|4,170|
|Purchase oftangible
fixed assets||||(69,499)|(62,502)|(89,499)|(62,502)|
|Cash provided
by (used In) Investing
activities||||(88,587)|(58,332)|(58,857)|(59,332)|
|Increase (decrease)
in cash
equivalents
in the year|and|cash||423,604|(123,083)|422,282|(136,538)|
|Cash snd cash equivalents
beginning
of ths year|at the|||797,765|920,838|776,304|912,842|
|Cash and cash equivalents
the year|at the end of|||1.221,369|797,755|1,188,885|775,304|
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|||||2021|2020|
|---|---|---|---|---|---|
||||||8|
|Income||||3,031,076|2,398,339|
|Management|charge to|subsidiary|company|7,200|7,200|
|Gift aid fram|subsidiary|company||10,476|24,257|
|||||3,049,750|2,427,795|
|Expenditure||||(2,845,452)|(2,468,814)|
|Net (loss)lgain
on investments||||76|(119).|
|||||(2,845,378)|(2,468,793)|
|Net incomel(expenditure)||||403,374|(49,999)|
|Total funds|brought
forward|||1,689,384|1,730,362|
|Total funds|carried forward|||2,092,738|1,888,384|
|Represented|by:|||||
|Unrestricted|income funds|||1,196,313|1,014,314|
|Restricted Income funds||||897,425|815,050|
|||||2,092,738|1.889,354|
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|Opening
capital and|reserves||21,208|34,988|
|---|---|---|---|---|
|Net prost forthe year|||9,174|10,475|
|Distribution:
donation|gift aided to the charity||(10,475)|(24,257)|
|Closing capital and|reserves||19,908|21,208|
|The assets snd liabilities ofthe subsidiary||were:|||
|Currerit assets|||58,977|88,032|
|Current
gabilities|||(37,072)|(88,528)|
|Total net assets|||19,908|21,208|
|Share capital and reserves|||19,908|21,208|
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|||2021|2020|
|---|---|---|---|
|||K|K|
|Coronavirus|Job Retention Scheme grant|4,958|89,588|
|Other income||7,235|19,008|
|Total other Income||12,193|88,578|
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||||2021|20M|
|---|---|---|---|---|
||||8|8|
|Commercial|trading|operations|82,812|81,199|
|Salaries snd|other|staff costs|1,306||
|Support costs|||10,837|7,272|
|Total expenditure||on raising funds|84,888|88,471|
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|||Activities|Grant||||
|---|---|---|---|---|---|---|
|||Undertaken|Funding of|Support||Total|
|||Directly|Activities|Costs||2021|
|||8|8|||8|
|Protecting|rivers|805,672||171,775||786,435|
|Balancing|land use|835,827|142,765|216,749||1,195,341|
|Engaging|people|519,113|15,000|142,513||676,826|
|Total||1,980,812|188,763|631,037||2,858,402|
|revious Year|||||||
|||Activities|Grant||||
|||Undertaken|Funding of|Support||Total|
|||Directly|Activities|Coats||ROM|
|||8|8|8||8|
|Protecting|rivers|643,955|9,956|103,559||757,470|
|Balancing|land use|719,551|261,861|139,232||1,120,644|
|Engaging|people|423,754|3,617|96,286|'|523,657|
|Total||1,787,280|278,434|339,077||2,401,771|
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|||Total|Number of|Total|Number of|
|---|---|---|---|---|---|
|||2021|grants|2020|grants|
||||2021|8|2020|
|Balancing|land use|142,T85|21|261,220||
|Total||142,768|21|281,220||
|Grants to organlsatlons||||||
|||Total|Number of|Total|Number of|
|||2021|grants|2020|grants|
||||2021|8|2020|
|Balancing|land use|||841|1|
|Protecting|rivers|8,988|1|9,956|3|
|Engaging|peapls|15,000|2|3,611|1|
|Total||23,986|3|14,214|5|
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|||||||Providing
evidence 8||
|---|---|---|---|---|---|---|---|
||||itslstng
Funds|Protecting
rivers|Balancing
lend use|engaging
people|Total
2021|
|||||8|8|8|8|
|Salaries snd|other staff costs||5,813|92,134|118,257|78,439|290,643|
|Travel snd subsistence|||25|392|495|325|1,237|
|Professional|fees||196|3,101|3,913|2,513|9,783|
|Finance costs||snd sirchsnge losses|720|11,413|14,401|9,489||
|Ofacs costs|||1,579|25,029|31,582|20,785|78,956|
|Communication||snd engagement|2|38|47|31|118|
|DepreCietiOn|Snd smorasaticn||1.106|17,531|22,120|14,545|55,302|
|Other costs|||979|15,523|19,588|12,879|48,989|
|Governance|||417|6,614|8,346|5.487|20,864|
|Total|||10,837|171,115||142,513|541,874|
|revious Year||||||||
|||||||Providing||
|||||||evidence a||
||||Raising|Pr'ossctlng|ftelsncing|engaging|Total|
||||Funds
8|rivers
8|land uee|people
8|2020
2|
|Salaries snd|other staN costs||3,291|46,855|82,996|43,564|158,706|
|Travel end subsistence|||11|160|215|149|535|
|Professional|fees||302|4,302|5,784|4,000|14,388|
|Finance costa||snd exchange losses|26|388|494|342|1,230|
|ONirsr costs|||1,574|22,413|30,134|20,839|74,9M|
|Communication||end engagement|2|34|46|32|114|
|Depredation|and smcrssstion||850|12,101|16,289|11,251|40,471|
|Other costs|||590|8,407|11,303|7,817|26,117|
|Governance|||626|8,919|11,991|8,292|29,828|
|Total|||7/272|103„559|139432|96,288|348,349|
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|14|Net Income/(expenditure)
fo|Net Income/(expenditure)
fo|Net Income/(expenditure)
fo|Net Income/(expenditure)
fo|rthe ye|ar|||
|---|---|---|---|---|---|---|---|---|
||This is stated after charging:||||||||
||||||||2021|2020|
|||||||||8|
||Operating
equipmsnt||—leases||||502|1,00¹|
||Amortlsation||||||1,175|1,176|
||Depreciation||||||54,127|39,295|
||Exchange losses/(gains)|||recognised|||25,848|(12,287)|
||Auditors
remuneration:||||||||
||Audit fees||||||11,200|10,000|
||Acocuntanoy|Snd tax||SerVICea|||750|380|
||First Level Controller||services||||8,370|17,790|
|15|Analysis ofstaff costs,|||trustee remuneration|||and expenses, and ths cost ofksy||
||management
personnel||||||||
||||||||2021|2020|
||||||||8||
||Salaries||||||1,594,718|1,352,358|
||Social security|costs|||||144,987|125,606|
||Pension costa||||||99,923|81,517|
||||||||1,839,828|1,059,581|
||One employee|had employee|||benefits|in excess|ofM0,000 (2020.one) falling within ths following||
||bands:||||||||
||||||||202'I|2020|
||||||||8|8|
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|angible fixed assets|||
|---|---|---|
||Group|Charlg
Furniture,|
||Furniture,||
||Fittings 8|FittIng» S|
||Equipmentf|Equipmentf|
|Cost:|||
|As at 1 January 2021|429,234|429,172|
|Additions|69,489|69,499|
|Dispossls|(71,738)|(71,736)|
|As st 31 December 2021|426,997|426,935|
|Depreciation:|||
|As at 1 January 2021|333,864|333,802|
|Charge lbr the year|64,127|54,127|
|On dispossls|(68,998)|(88,996)|
|As st 31 December 2021|318,993|318,931|
|Net book value:|||
|As at 1 January 2021|95,370|95,370|
|As at 31 December 2021|108,004|108,004|
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||||Group|tgroup|Charity|Charity|
|---|---|---|---|---|---|---|
||||2021f|2020
f|2021
f|2020|
|Trees|for|planting|3,200||3,200||
||||3.200||3,200||
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||||Group|Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|---|
|||||2021f|2020f|2021f|2020f|
|Trade debtors|||18,775||43,248|||
|Other debtors|||143,840||254,973|143,840|254,973|
|Prepayments
and accrued income||1,292,426|||921,140|1,276,997|897,807|
|Amount due from subsidiary|undertaking|||||33,196|59,728|
|||1,456,041|||1,219,361|1/54,033|1,212,508|
|Current asset Investments||||||||
|||||Group|Group|Charity|Charity|
|||||2021f|2020f|2021
f|2020
f|
|Market value as at 1 January||||244|423|244|423|
|Unreallsed
gain/(loss)
on revaluation||||76|(179)|76|(179)|
|Market value as at 31 December||||320|244|320|244|
|Investmsnts
are carried at their fair value. Investments||||consist|ofequities traded on the London|||
|Stock Exchange. The basis of|far value for quoted||investments||is equivalent|to the market|value,|
|by reference to the London Stock Exchange website.||||||||
|Creditors: amounts
falling due within one||year||||||
|||||Group
2021f|Group
2020f|Charity
2021f|Charity
2020f|
|Trade creditors||||85,486|72,439|85,350|72,305|
|Other creditors||||15,307|879|15,407|979|
|Accruals||||54,607|88,636|50,887|82,426|
|Deferred Income||||324,598||324,598||
|payments
received on account for contracts||||50,475|45,003|50,475|42,308|
|Social security and other taxes||||147,061|200,542|147,061|200,572|
|||||877,534|405,588|873,758|388,580|
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|||||Balance at|||||Balance af|
|---|---|---|---|---|---|---|---|---|---|
|||||1January|Incoming|Reaourcea||Gainer|S1December|
|||||2021
f|resources
8|expended
f|Tmnsfera
f|(loses»)
f|2021
f|
|General fund||||1,098,520|1,311,706|(1,184,'f91)|(27,343)|70|1218 218|
|nalysis ofcharItable|||funda:|Analysis of|movements|in restricted|funds|||
|||||Balance at|||||Balance at|
|||||1January|Incoming|Reaolltcss||Salnal|31December|
|||||2021
f|resources
f|expended|Ttsnsfets|(iosses)
f|202'I
f|
|CCBA South Devon'||||14,819|15,000|(22,515)|||7,304|
|CCBATamer'||||13,716|15,0OO|(18,358)|||10,328|
|Climate Resilience Cslehmenls-
Buds ~|||||17,81o|(11,531)||||
|Cow lo Calehmenl'||||46,520|26,198|(10,987)|19|||
|CPES*|||||110,156|(113,811)|3,655|||
|Darlmaor Iiesdwstsrs||NFM|||38,857|(29,812)|||8,985|
|Deer Proierl||||17,945||(1,587)|||18,358|
|Defrs Woodlands
for||Waist'|||11,446|(10,994)|||452|
|Devon snd Camwall||Soils|Alliance'||118,873|(116,873)||||
|EnvirOnmenlsl
Inveslmanl
Fund
(previously CPES Donslions)||||34,530||(17,037)|||17,493|
|Exs Phase 3—General||||50,990|0,343|||||
|Faml Nel Zero|||||8,5og|(8,509)||||
|Fieheriea hnpravemenl
Pro)eats~||Pragrsmme||4,959|88,835|(80,984)|36||10,545|
|Frame 8Piddle||||10,401|||||10,401|
|Frame Enfarosmenl|Undertaking|||10,000||(8,59O)|||1,410|
|Future Visions'|||||41,000|(33,983)|||13,017|
|MOlinnis
Nature
ReaOverr*|||||12,464|(12,464)||||
|Tote!eatrled forward||||203,889|493,089|(544,125)|3,709||156,562|
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|nalysis ofcharitable|funds:|Analysis of|movements|In restricted|funds (c|ont.)||
|---|---|---|---|---|---|---|---|
|||science st|||||Balance at|
|||1January|Incoming|Resources||Gains/|31 December|
|||2021
f|resources
8|expended
f|Transfers
8|(losses)
8|2021
8|
|Total brought
forward||203,889|493,089|(544,125)|3,709|||
|Killerton House Green Recovery|||55,079|(55,079)||||
|Morrisons
Soil Carbon|||10,000|(7,189)|||2,611|
|Plymouth
River Keepers||223,249||(78,953)|||144,298|
|Postcode Local Trust||15,209||(14,815)|||394|
|Preventing
Pisalic Pollution'|||'l29,581|(129,581)||||
|PROWats r'|||68,001|(69,433)|1,432|||
|River Ciyst impmvemsnis|||25,000||||25,000|
|River Taw Eledrooshing||||(7,354)||||
|River Wolf improvsmsnis|||20,000||||2O,oOo|
|SIARR"|||30,484|(30,464)||||
|Strategic Exe Wsirs||30,000|104,213|(58,557)|(15,369)||60,287|
|SWW upstream
Thinking|Grants|46,224|M5,033|(94,884)|2,400||318,973|
|Taw Spfnming
Improvements||515||(9,461)|e,046|||
|TrsnsformAR'|||5,942|(5,942)||||
|Triple-C*|||49,303|(49,303)||||
|Water Environment
improvement
Fund Pro)acts'||66,182|167,906|(184,1ey)|1,166||51,177|
|Water for Growth*|||258,539|(189,100)|10||67,449|
|Wesicouniry
Angling
Passport||3,797|17,M4|(23,705)|2,524|||
|Womsns
Angling|||9,950|(989)|||8,961|
|Other I'unde||25,985|42,455|(42,096)|15,171||41,515|
|Total||516,050|'l,850,029|(1,594,997)|27,343||897425|
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|||||Salance at|||||Satanas at|
|---|---|---|---|---|---|---|---|---|---|
|||||1January|Incoming|Resources||Qslnsl|31December|
|||||2020|maourcea|expended|Transfers|(losses)|2020|
|||||8|8|8|8|8||
|General fund||||$19,337|1,189,821|(1.003,872)|(8,387)|(179|1,0'98,820|
|nalysis ofcharitable|||funda, '|Analyals
Of|mOvemente|ln reatrloted|funda (previous year)|||
|||||Salancs at|||||Satanas at|
|||||1January|incoming|Resources||Gains)|31December|
|||||2028
8|rsaoumea
8|expended
8|Transfers
8|(losses)
8|2020
8|
|CsSA South Devon'||||1,094|15,000|(1,275)|||14,819|
|CsSA Tamer'||||11,250|15,000|(18,534)|||13,716|
|Cow to Catchment*|||||50,000|(3,480)|||48,520|
|CPES'|||||127,383|(127,383)||||
|CPES Donations|||||55,430|(72,438)|||34,630|
|Dartmoor
Headwaters||NFM"||817|51,854|(52,53'I)||||
|Deer Pro)sot||||20,000||(2,055)|||11,945|
|Devon snd Cornwall|Soils||Alliance||89,749|(89,149)||||
|Exe Phase 3-General||||59,874|1,125||(10,000)||50,999|
|Fal Faolltaticn Furid"|||||7,15S|(7,158)||||
|Fisheries
Improvement
Pi'ojects"||Programme|||18,754|(15,339)|928|||
|Frome 5 Piddle||||10,4O1|||||1o,ea1|
|Frogmore Creek'||||5,390||(6,352)||||
|Frome Surveys (RAFT)||||6,I'47||(8,741)||||
|Froms Enforcement|Undertaking||||10,000||||10,000|
|Piymouth
River iteepsrs||||323,409||(100,180)|||223,249|
|Postcode Local Trust|||||20,000|(4,791)|||15,209|
|Preventing
Plastic Pollution'|||||77,346|(77,348)||||
|PROWster|||||85, 'I67|(91,689)|6,522|||
|Risk Aqua Soil"
River Otter Le9acy '
SPONGE" '||||(4)
5,000|44,S73
13,271|(44,S59)
(640)
(13,271)||||
|StARR'|||||17,987|(17,987)||||
|Strategic Exa Welra||||(8,302)|So,oaa|(42,843)|12,145||3a,aoa|
|SWW Upstream
Thinking
Tamer (Larnheral)
Project|||Grants
'|239,139
10,018|17,853|(195,531)
(5,5S9)|(15,237)||46,224
4,329|
|Taw Spawning
Improvements||||2232|4,070|(9,481)|||515|
|Triple-C'|||||50,221|(50,221)||||
|USAR~ o|||||15,295|(16,839)|1,544|||
|Water Environment
Fund Projects'|Improvement|||64,703|61,481|(61,885)|1,883||66,182|
|Water for Growth'|||||397,S94|(401,000)||||
|Weatcountry
Angling||Passport||9,232|13,845|(19,280)|||3,797|
|Other funds||||27,801|1,634|(18,913)|||17,298|
|Total carried forward||||849,O13|1,335.1'70|(1,578,520)|8,3ey|-|615,oao|
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|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||Funds|Funds|Funds|
|||5|K|K|
|Intangible|assets|2,253||2,253|
|Tangible|fixed assets|108,004||'I08,004|
|Cash st bank and in hand||839,037|382,322|1,221,359|
|Other net Current assete/(liabilities)||265,924|515,103|781,Q27|
|Total||1.215,21$|$97&425|2,112,$43|
|revious Year|||||
|||Unrestricted|Restricted|Total|
|||Funds|Funds|Funds|
|||5|8||
|Intangible|assets|3,428||3,428|
|Tangible|fixed assets|95,370||95,370|
|Cash at bank snd in hand||874,711|(76,956)|797,755|
|Other net current assets/(liabilities)||122,011|692,006|814,017|
|Total||1,0$6,52Q|618,05Q|1,710,570|
##
|econciliation
ofnet m|ovemen|t
In funda|to net c|ash flow fro|m operating|activities||
|---|---|---|---|---|---|---|---|
|||||Group|Group|Charity|Charity|
|||||2021|2020|2021|2020|
|||||8|8|8|5|
|Net inCOme/(expenditure)|fOr the reporting||period|402,073|(54,780)|403,374|(40,998)|
|Adlustments
for:||||||||
|Depreciation
snd smortisation||charges||55,302|4Q,471|55,302|40,471|
|(Gains)/losses
on investments||||(76)|179|(76)|179|
|Dividends
and interest|from investments|||(2,842)|(4,110)|(2,842)|(4,170)|
|Loss/(profit)
on the disposal of||fixed assets||2,738|640|2,738|640|
|(Increase)/decrease
in|stock|||(3,200)||(3,200)||
|(Increase)/decrease
in|debtors|||(235,680)|(194,180)|(241,525)|(239,648)|
|Increase/(decrease)
in|creditors|||211,946|147,689|275,168|165,320|
|Net cash provided
by (ussd in)
activities||operating||4$0,281|(84,751}|488,93$|(78,208)|
##
##
##
||Qroup|Group|Charity|Charity|
|---|---|---|---|---|
||2021|2020|2021|2020|
||6|6|6|6|
|Cash at bank and in hand|521,359|391,755|498,586|376,304|
|Notice deposits (less than 3 months)|700,000|400,000|700,000|400,000|
|Total cash and cash equivalents|1,221,359|797,766|1,198,586|778,304|
##
|||||||2021|2020|
|---|---|---|---|---|---|---|---|
||Group|and Charity||||6|E|
||Within|1 year||||1,888|20,469|
||Between 2 and 5years||||||1,668|
|32|Funds received as agent|||||||
||The following
amounts||were received and paid by||the charity|acting as agent||
||||||||2020|
||||||||E|
||Payroll|receipbr from|The Rivers|Trust||1,276,442|978,499|
||Payments
made to The Rivers Trust einployess||||and HMRC|(1,269,575)|(970,272)|
||As at the|reporting
date the charity||held the following
amounts||in their capacity as agent:||
||||||||2020|
||||||||6|
||Payroll
HivlRC|receipts from|The Rivers|Trust not yet paid to||40,040|33,173|