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|Members|ofthe Board and Professional|Advisors||
|---|---|---|---|
|Trustees'|Report||2to14|
|Auditors'|Report||15to 19|
|Statement|of Financial Activities||20|
|Balance Sheet|||21|
|Cash Flow|Statement||22|
|Notes to the Financial Statements|||23to 47|
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||||YEAR EN|DED|31 March 202|2|||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||Funds|Funds|Funds|Funds|
||||||||2022|2021|
|||||Note|||||
|INCOME|||||||||
|Donations|||||6,819|6,426|13,245|115,151|
|Income from charitable
activities||||||1,399,059|1,399,059|2,486,543|
|Income from other|trading|activities|||17,260|23,290|40,550|22,890|
|Investment
income||||||||537|
|Other income||||||5,600|5,600||
|TOTAL INCOME|||||24,079|1,434,375|1,458,454|2,625,121|
|EXPENDITURE|||||||||
|Expenditure
on raising funds||||||||40|
|Expenditure
on charitable||activities|||22,386|1,386,217|1,408,603|2,407,872|
|TOTAL EXPENDITURE|||||22,386|1,386,217|1,408,603|2,407,912|
|NET INCOME/(EXPENDITURE)|||FOR THE YEAR||||||
|BEFORETRANSFERS|||||1,693|48,158|49,851|217,209|
|Transfers
between|funds||||(1,933)|1,933|||
|Other Recognised|Gains/(Losses)||||||||
|Foreign exchange|loss||||(712)||(712)|(3,378)|
|NET MOVEMENT|IN FUNDS||||(952)|50,091|49,139|213,831|
|Total funds brought|forward||||171,509|720,934|892,443|678,612|
|TOTAL FUNDS CARRIED FORWARD||||17|170,557|771,025|941,582|892,443|
##
##
##
|||||2022||2021|
|---|---|---|---|---|---|---|
|FIXEDASSETS|||Note|||f.|
|Tangible assets|||13||76,690|79,645|
|CURRENT ASSETS|||||||
|Debtors
Cash at bank|||14|595,686
446,374||543,316
865,992|
|CREDITORS: Amounts|falling due within one year||15|1,042,060
177,168||1,409,308
488,678|
|TOTAL ASSETS LESS|CURRENT|LIABILITIES|||864,892|920,630|
|CREDITORS: Amounts-falling-due||after one year|16|||(107;832)|
|NET ASSETS|||||941,582|892,443|
|THE FUNDS OF THE CHARITY|||||||
|Restricted
Funds
Unrestricted
Funds|||17
17||771,025
170,557|720,934
171,509|
|TOTAL CHARITY FUNDS|||||941,582|892,443|
##
##
##
||||Total|Total|
|---|---|---|---|---|
||||Funds|Funds|
||||2022|2021|
|||Note|||
|Cash flows from operating
activities:|||||
|net cash provided
by operating
activities||21|58,131|74360|
|Cash flows from investing
activities:|||||
|interest from investments||||537|
|Proceeds from the disposal ofa vehicle|||1,800||
|Purchase of tangible
fixed assets|||23034|24263|
|Net cash provided
by (used in) investing||activities|21,234|23,726|
|Cash flows from financing
activities:|||||
|Government
grant income|||2,306|80,314|
|Net (payments)/receipts
from finance leases|||(3,847)|(3,847)|
|Cash inflows from new borrowing||||100,000|
|Repayment
of borrowings|||338,000||
|Net cash provided
by financing
activities|||339,541|176,467|
|Change
in cash and cash equivalents|in the|year|(418,906)|227,101|
|Change
in cash and cash equivalents|due to exchange rate movement||(712)|(3,378)|
|Cash and cash equivalents
at the beginning||ofthe year|865,992|642,269|
|Cash and cash equivalents
at the end of||the year|446,374|865,992|
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##
|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||Funds|Funds|Funds|
|||||2022|
|||E||E|
|Donations||4,463|6,426|10,889|
|Covid Rates|Grant||||
|JRS Furlough|Grant|2,306||2,306|
|River Giver donations||50||50|
|||6,819|6,426|13,245|
##
|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||Funds|Funds|Funds|
|||||2021|
|||E|||
|Donations||26,675|8,078|34,753|
|Covid Rates|Grants|10,000||10,000|
|JRS Furlough|Grant|70,314||70,314|
|River Giver donations||84||84|
|||107,073|8,078|115,151|
##
|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||Funds|Funds|Funds|
|||||2022|
|||||F|
|River|Projects||1,399,059|1,399,059|
##
##
##
|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||Funds|Funds|Funds|
|||||2022|
|River|Projects||2,486,543|2,486,543|
|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||Funds|Funds|Funds|
|||||2022|
|||||K|
|Fund Raising|Activities|940||940|
|Recycling Income||20||20|
|Management|8 Contract Fee Income|16,300|23,290|39,590|
|||17,260|23,290|40,550|
|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||Funds|Funds|Funds|
|||||2021|
|||||K|
|Fund Raising|Activities|162||162|
|Recycling Income||126||126|
|Management|8 Contract Fee Income|22,602||22,602|
|||22,890||22,890|
##
##
##
##
|GRANT F|UNDERS —CU|RRR|ENT YEAR||||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|
|||||Funds|Funds|Funds|
|||||||2022|
|||||||E|
|Environment
Agency|||||351,953|351,953|
|EA - Water Environment|||Grant||324,360|324,360|
|Natural|England||||22,266|22,266|
|Heritage|Lottery Fund||||271,984|271,984|
|LifelP|||||2,221|2,221|
|Walney|Community|Fund|||21,491|21,491|
|National|Trust||||3,000|3,000|
|Sellafield|||||84,682|84,682|
|Outdoor|Partnership||||2,340|2,340|
|United
Utilities|||||181,990|181,990|
|W4W|||||13,336|13,336|
|NEIRF Natural
Capital|||||2,925|2,925|
|NEIRF Environment||Agency|||1,912|1,912|
|Lake District Nat Park|||||20,481|20,481|
|Cumbria|County Council||||27,600|27,600|
|WEIFF|||||49,500|49,500|
|Cumbria|Community||Foundation||17,018|17,018|
||||||1„399,059|1,399,059|
##
##
##
##
||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||Funds|Funds|Funds|
||||||2021|
|Environment
Agency||||785,635|785,635|
|EA - Water Environment||Grant||1,327,333|1,327,333|
|Natural
England||||34,059|34,059|
|Heritage|Lottery Fund|||97,200|97,200|
|LifelP||||7,337|7,337|
|Farmer Network
National
Trust||||1,500
3,116|1,500
3,116|
|Sellafield||||78,220|78,220|
|Hadfield|Trust|||3,000|3,000|
|united
utilities||||136,443|136,443|
|Bannister|Trust|||10,000|10,000|
|C2V Plus
BEPDT||||1,700
1,000|1,700
1,000|
|||||2,486,543|2,486,543|
##
##
##
##
##
##
|DIRECT COSTS —CURRE|NT YEAR|||
|---|---|---|---|
|||River|Total|
|||Projects|2022|
|||E||
|Project purchases||676,658|676,658|
|Advertising||979|979|
|Farmers Commissions
Protective
clothing
Travel cost|8 Grants|112,361
3,728
18,854|112,361
3,728
18,854|
|Telephone||4,703|4,703|
|Printing,
postage and|stationery|2,312|2,312|
|Legal and professional||9,162|9,162|
|Sundry expenses||4,172|4,172|
|Computer/Website
Rent and Rates
Electric and Gas
Office Costs||7,409
17,334
2,486
3,219|7,409
17,334
2,486
3,219|
|Training||10,301|10,301|
|Insurance||9,904|9,904|
|Health
&Safety||||
|Repairs and maintenance
New Office Costs||1,300|1,300|
|HR Consultants
Wages and salaries||2,038
417,020|2,038
417,020|
|National
insurance
Pension
Contributions
Staff costs - sundry
Depreciation
Disposal ofassets||38,227
33,928
3,801
25,989
1,800|38,227
33,928
3,801
25,989
1,800|
|||1,404,085|1,404,085|
##
##
##
##
|||River|Total|
|---|---|---|---|
|||Projects|2021|
|||E|F|
|Project purchases||1,605,272|1,605,272|
|Advertising||1,309|1,309|
|Farmers Commissions|&Grants|170,316|170,316|
|Protective clothing||2,346|2,346|
|Travel cost||16,526|16,526|
|Telephone||5,552|5,552|
|Printing,
postage and|stationery|2,316|2,316|
|Legal and professional||13,059|13,059|
|Sundry expenses||2,835|2,835|
|Computer/Website||12,520|12,520|
|Rent and Rates||22,622|22,622|
|Electric and Gas||2,099|2,099|
|Office Costs||3,186|3,186|
|Training||3,866|3,866|
|Insurance||9,764|9,764|
|Health 8 Safety||425|425|
|Repairs and maintenance||2,737|2,737|
|New Office Costs||3,453|3,453|
|HR Consultants||1,019|1,019|
|Wages and salaries||422,242|422,242|
|National
insurance||39,186|39,186|
|Pension
Contributions||31,674|31,674|
|Staff costs —sundry||2,456|2,456|
|Depreciation||21,334|21,334|
|Disposal ofassets||582|582|
|||2,398,695|2,398,695|
##
|GOVERNA|NCE|COSTS —CURRENT YEAR||||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||Funds|Funds|Funds|
||||||2022|
|Accountancy||fees|1,200||1,200|
|Auditor's|Renumeration||2,688||2,688|
|Legal 8|professional||48||48|
||||3,936||3,936|
##
##
##
##
##
|GOVERNA|NCE
COSTS —PRIOR YEAR||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||Funds|Funds|Funds|
|||||2021|
|||||K|
|Accountancy fees||1,200||1,200|
|Auditor's|Renumeration|2,593||2,593|
|Legal 8|professional|48||48|
|||3,841||3,841|
##
|River|Total|
|---|---|
|Projects|2022|
|703|703|
|(570)|(570)|
|449|449|
|582|582|
||River|Total|
|---|---|---|
||Projects|2021|
|||F|
|Bank Charges|646|646|
|RT Loan Interest|4,241|4,241|
|HP Interest|449|449|
||5,336|5,336|
||Staff costs|Depreciation|Other costs|Total|
|---|---|---|---|---|
||2022|2022|2022|2022f|
|River Projects|489,176|25,989|892,190|1,407,355|
|Governance|489,176|25,989|1,248
893,438|1,248
1,408,603|
##
##
##
##
||Staff costs|Depreciation|Other costs|Total|
|---|---|---|---|---|
||2021|2021
f|2021
f|2021f|
|River Projects|493,102|21,334|1,892,188|2,406,624|
|Governance|||1,248|1,248|
||493,102|21,334|1,893,436|2,407,872|
##
|||Activities|||
|---|---|---|---|---|
|||Undertaken|Support||
|||directly|cost|Total|
|||2022f|2022
f|2022|
|River|Projects|1,295,660|582|1,296,242|
|Grants|to Farmers|112,361||112,361|
|River|Projects|1,408,021|582|1,408,603|
##
|||Activities|||
|---|---|---|---|---|
|||Undertaken|Support||
|||directly|cost|Total|
|||2021f|2021f|2021f|
|River|Projects|2,232,220|5,336|2,237,556|
|Grants|to Farmers|170,316||170,316|
|River|Projects|2,402,536|5,336|2,407,872|
##
##
##
##
##
||||2022|2021|
|---|---|---|---|---|
||||F|E|
|Wages and salaries|||417,020|422,242|
|Employers|national|insurance|38,227|39,186|
|Employer|Pension|Contribution|33,928|31,674|
||||489,175|493,102|
|||2022|2021|
|---|---|---|---|
|||No|No|
|Management||1|1|
|Project Staff||14|14|
|Administration|Staff|1|1|
##
##
##
##
||Motor|Plant and|Office||
|---|---|---|---|---|
||Vehicle|Machinery|Equipment|Total|
|COST|||||
|At 1 April 2021|55,682|123,490|9,511|188,683|
|Additions|23,034|||23,034|
|Disposals|7,200|||7,200|
|At 31 March 2022|71,516|123,490|9,511|204,517|
|DEPRECIATION|||||
|At 1 April 2021|29,159|70,438|9,441|109,038|
|Charge for year|10,772|15,148|69|25,989|
|On disposals|(7,200|||7,200|
|At 31 March 2022|32,731|85,586|9,510|127,827|
|NET BOOK VALUE|||||
|At 31 INarch 2022|38,785|37,904|1|76,690|
|At 31 March 2021|26,523|53,052|70|79,645|
##
##
##
##
##
||||||2022|2021|
|---|---|---|---|---|---|---|
||||||E||
|Trade creditors|||||92,202|161,612|
|Other taxation|and|social|security||9,908|10,336|
|Public benefit concessionary||||loan - The Rivers Trust|62,000|295,000|
|Other creditors|||||7,074|6,565|
|Hire purchase|agreement||-|Van|2,832|3,398|
|Accruals and deferred
income|||||3,152|11,767|
||||||177,168|488,678|
|CREDITORS: Amounts||falling due after one year|||||
||||||2022|2021|
|Hire Purchase|agreement||-|Van||2,832|
|Public benefit|concessionary|||loan - The Rivers Trust||105,000|
|||||||107,832|
##
##
##
|17.STATEMENT OF FUNDS —CURRENT|17.STATEMENT OF FUNDS —CURRENT|YEAR|||||
|---|---|---|---|---|---|---|
|||Balance at|Movement|in resources:|Transfers|Balance at|
|||01 Apr 21|Incoming|Outgoing||31Mar 22|
|||E|E||f|E|
|Unrestricted
funds|||||||
|General funds||171,509|24,079|23,098|1,933|170,557|
|Total Unrestricted
funds||171,509|24,079|23,098|1,933|170,557|
|Restricted funds|||||||
|Invasive Species||2,074|8,669|8,051||2,692|
|Loweswater
Care||4,728|5,600|2,191||8,137|
|River Restoration
Project||169,354|137,900|107,046|(13,604)|186,604|
|Catchment
Partnership||78,372|40,000|29,549||88,823|
|Annas Catchment||7,938|30,845|32,572||6,211|
|Ellen Catchment
Wise||1,332||900|(432)||
|Thirlmere||17,784|21,760|39,728||(184)|
|River Irt Compensation||66,171|65,381|60,300|(1,745)|69,507|
|CPAF||7,047|44,500|38,437||13,110|
|Restoring
the Derwent||40,950|271,984|306,961||5,973|
|Ennerdale
Mill Dam||10,000||||10,000|
|Wild Rivers Education||19,531|35,264|34,466||20,329|
|Electrofishing
Survey||5,046|11,256|9,956|1,933|8,279|
|Compensatory
Measures||17,796|73,934|53,235||38,495|
|Broughton Beck||(624)|23,767|23,143|||
|Smolt Traps - Solway|Firth|7,302||4,054||3,248|
|Crookhurst
Faciliation|Fund|66|7,183|6,998||251|
|Cocker Facilitation
Fund|||9,657|9,315||342|
|Flimby||24,735|21,000|37,229||8,506|
|Glendermackin
NFM||60,726|30,000|42,318||48,408|
|The Cocker NFM||48,664|73,898|74,754||47,808|
|Newlands||7,861||||7,861|
|Crookhurst
WEG||221|39,665|38,716||1,170|
|Vounteering||23|1,146|3,204|2,035||
|Routes into Work||2,143||488|1,655||
|Sub Restricted
FundsTotal||599,240|953,409|963,611|(13,468)|575,570|
##
##
##
##
|||Balance at|Movement|in resources:|Transfers|Balance at|
|---|---|---|---|---|---|---|
|||01 Apr 21|Incoming|Outgoing||31 Mar 22|
|||E|E|f|E|E|
|Brought Forward||599,240|953,409|963,611|(13,468)|575,570|
|Keekle WEG||(13,075)|15,292|15,821|13,604||
|Glendermackin|WEG|6,814|87,275|89,817||4,272|
|Cocker WEG||5,316|182,128|186,209||1,235|
|Natural
England|Projects|6,715|2,527|1,877||7,365|
|People on The|Keekle|107,997|101,352|76,207||133,142|
|Farming
Rules|||2,220|4,300|2,080||
|Wild About Walkmili|||31,310|3,578|(380)|27,352|
|St John's Beck|||29,689|21,726|(1,648)|6,315|
|Woods for Water|||13,336|10,097||3,239|
|NEIRF Resilient|Glendermackin||2,606|2,215||391|
|IRT High Status|||2,231|3,976|1,745||
|Nionitoring|||11,000|3,157||7,843|
|River Corridor Group||7,927||3,626||4,301|
|Total Restricted|funds|720,934|1,434,375|1,386,217|1,933|771,025|
|Total of funds||892,443|1,458,454|1,409,315||941,582|
##
##
##
##
|||Balance at|Movement|in resources:|Transfers|Balance at|
|---|---|---|---|---|---|---|
|||01 Apr 20|Incoming|Outgoing||31 Mar 21|
|||E|E|E|E|E|
|Unrestricted
funds|||||||
|General funds||168,245|130,500|127,192|44|171,509|
|Total Unrestricted
funds||168,245|130,500|127,192|44|171,509|
|Restricted funds|||||||
|Invasive Species||3,659||1,585||2,074|
|Loweswater
Care||4,920|883|1,075||4,728|
|River Restoration
Project||132,936|78,472|60,228|18,174|169,354|
|Catchment
Partnership||91,057|40,000|51,275|(1,410)|78,372|
|Annas Catchment||2,698|85,865|80,625||7,938|
|Ellen Catchment
Wise||13,296||3,536|(8,428)|1,332|
|Thirlmere|||20,300|2,516||17,784|
|River Irt Compensation||36,987|76,745|52,561|5,000|66,171|
|CPAF||8,959||1,912||7,047|
|,Restoring
the Derwent|||97,200|56,250||40,950|
|Ennerdale
Mill Dam||32,516||3,423|(19,093)|10,000|
|Wild Rivers Education||20,705|10,000|11,174||19,531|
|Electrofishing
Survey||3,246|9,300|7,500||5,046|
|Adopt a Tributary||29,083||29,327|244||
|Compensatory
Measures||10,443|59,214|51,861||17,796|
|Broughton
Beck||(459)|8,207|8,372||(624)|
|Smolt Traps - Sotway|Firth|8,226||924||7,302|
|Crookhurst
Faciliation|Fund||4,387|4,321||66|
|Cocker Facilitation
Fund|||2,340|2,384|44||
|Flimby||31,849|58,957|66,071||24,735|
|Glendermackin
NFM||(15,116)|262,334|186,492||60,726|
|The Cocker NFM||4,720|237,000|193,056||48,664|
|Vounteering||769||746||23|
|Routes into Work||2,143||||2,143|
|Sub Restricted
Funds Total||422,637|1,051,204|877,214|(5,469)|591,158|
##
##
##
|||Balance at|Movement|in resources:|Transfers|Balance at|
|---|---|---|---|---|---|---|
|||01 Apr 20|Incoming|Outgoing||31 Mar 21|
|||E||E||E|
|Brought Forward||422,637|1,051,204|877,214|-5,469|591,15&|
|Newlands||7,861||||7,861|
|Crookhurst
WEG||(22)|74,136|73,893||221|
|Keekle WEG||(4,302)|947,240|956,013||(13,075)|
|Glendermackin|WEG|9,520|168,855|171,561||6,814|
|Cocker WEG||(1,728)|137,102|130,058||5,316|
|Natural
England|Projects||27,332|15,617|(5,000)|6,715|
|People on The|Keekle|56,990|80,120|28,869|(244)|107,997|
|Farming
Rules||(4,181)|8,632|15,208|10,757||
|River Corridor Group||23,592||15,665||7,927|
|Total Restricted|funds|510,367|2,494,621|2,284,098|44|720,934|
|Total offunds||678,612|2,625,121|2,411,290||892,443|
##
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|||Unrestricted|Restricted|Total Funds|Total Funds|
|---|---|---|---|---|---|
|||funds|funds|2022|2021|
|||E|E|E|E|
|Tangible|fixed assets|38,787|37,903|76,690|79,645|
|Current|assets|141,754|900,306|1,042,060|1,409,308|
|Current|liabilities|(9,984)|(167,184)|(177,168)|(488,678)|
|Long term liabilities|||||107,832|
|||170,557|771,025|941,582|892,443|
|||Unrestricted|Restricted|Total Funds|Total Funds|
|---|---|---|---|---|---|
|||funds|funds|2021|2020|
|||E|E|E|K|
|Tangible|fixed assets|26,594|53,051|79,645|57,298|
|Current|assets|182,577|1,226,731|1,409,308|1,073,783|
|Current|liabilities|(34,830)|(453,848)|(488,678)|(176,239)|
|Long term liabilities||2,832|105,000|107,832|276,230|
|||171,509|720,934|892,443|678,612|
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|ases. Am|ounts
relate to re|nt ofthe offices, photocopier|and telephones.||
|---|---|---|---|---|
||||2022|2021|
||||E|f|
|Operating|leases payments|due:|||
|Within one year|||22,741|22,741|
|In the second to fifth years||inclusive|46,907|58,729|
|Over five|years|||7,700|
||||69,648|89,170|
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||||2022|2021|
|---|---|---|---|---|
||||f|K|
|Net income for the|year||49,851|217,209|
|Adjustments
for:|||||
|Less Government
grant income|||(2,306)|(80,314)|
|Less donation
in kind||||(20,000)|
|Add back depreciation|||25,989|21,334|
|Deduct interest income||||(537)|
|Add back HP interest|charge||449|449|
|Add back loss on fixed asset disposal||||582|
|Deduct proceeds re|fixed aset disposal||(1,800)||
|(Increase) decrease|in debtors||(52,370)|(111,802)|
|Increase (decrease)|in creditors||(77,944)|47,439|
|Increase (Decrease)|in long term|creditors|||
|Net cash provided|by operating|activities|(58,131)|74,360|
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|||At|Cash Flows|Other non|At|
|---|---|---|---|---|---|
|||01/04/2021
E|E|Cash Changes
f|31/03/2022|
|Cash 8 Cash Equivalents||||||
|Cash||865,992|419,618||446,374|
|Borrowings||||||
|Due within one year||||||
|Finance Lease||(3,398)|3,398|(2,832)|(2,832)|
|Public Benefit Concessionary|Loan|(265,000)|203,000||(62,000)|
|Due a/ter one year||||||
|Finance Lease||(2,832)||2,832||
|Public Benefit Concessionary|Loan|135,000|135,000|||
|||(406,230)|341,398||(64,832)|
|TOTAL||459,762|(78,220)||381,542|
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