REGISTERED COMPANY NUMBER: 06742270 IEnBland and Wales) REGISIERED CHARITY NUMBER: 1145675 REPORT OF THE TRUSTEES AND FINANCIAL sfATEMENTS FOR THE YEAR ENDED 315T DECEMBER2023 FOR AFONYDD CYMRU CYFYNGEDIG IACOMPANY UMITED BY GUAIiAKtEE) afonydd cymru carin9 for welsh rivers Carston Chartered Accountants Tudor House 16 Cathedr31 Road Cardiff CFII 9U
AFONYDD CYMRU CYFYNGEDIG CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023 Page Report of theTrustees Independent Examlner'5 Repjrt Statement of Finanaal Artlvities Statement of Finanaal Positlon Notes to the Flnancial Statements 6 tts 11 Detailed Statement of Financral Artb41tles 12
REPORTI%THE TRIISTEES FOftTHE YEAft ENDED Iisr DECEMOER202a The trustees who afe also dtrectors of the tharlty ftx the purp05e5 of the Cowonies Att 2(, present thelr report with the financial ststsments of the tharity for the year ended 31st December 2023. The trustees have adopted the provi90n5 of Accountin8 and Reportin8 by Chariiies.. Statement of Recommended Prnctitt applicable to charlties Pfeparing their accounts In accordance with the Finanual Repryting Standard applbtable in the UK and Republic of Ireland IFRS 1021 leffectbve ljanuary 20191. FINANaAL REVIEW Gokne contern The trustee5 consider that there are no material uncwtainties a1ut the chaTitV5 ability to continue 35 a going concern, nor any 5ignifficant areas of uncertainty that affert the carying value t4assets held bythe tharlty. STRiicfvRE,GOVERNAKE AND MANAGEMepir Go¥emlng document The charity bs controlled by g¢mrrting document. a dÈÈd of trus¢ and constitutes a limited c¢)mpany. Itmited by guardntee. as deflned by the Companies Art 2C(6. REFEREIICE AND ADMINISTrATIVE KTAILS ReOstefed Company numl)er [742270 (England and Wales) eStered Ch*lty number 1145675 Iwlstered offlc• The Right Bank Thè Square Talgarth Breton LD30BW Trustees Ms H viS MrSCAE¥ans Mr C Harvey The Vlscount C Mills Dr R Parry Iresigned yIoi2023} Mr J Plmblett Mr P Powdl Mr A Rees Independent Emmlner Carston Chartered Accountants Tudor House 16 Cathedral Roatl Cardiff CFII 9U Approved by orderof the board of trustees W .. and signed on its behalf by.. The Vis nt C Mills- Trustee Pa8e I
INDEPENDEMf EXAMINER'5 REPORT TO THE TRUSTEES OF AFONYDD CYMRU CYFYNGEDIG Independent exarniner'5 report to the trustee5 of Afonydd Cyrnru CYfyngi8 fihe CompanVI I report to the charity tfU5tees on my exaTninalion of the accounrs of the Company for the year ended 31st December 2023. Responsibilities and basis of report As the charity'5 trustees of the Company land also its directors for the purpjses ol company lawl you are responsible lor the preparation oFthe accounts in accordance with the requirements olthe CompaniesAa 2¢YJ61'the 2006 Act'l. Having satisfied myself that the acctsunts of the CoMnY are not required to be audited under Part 16 of the 2006 Act and are eligible For independent examin3tion. I report in respect of my examination of your charity's accounts 3S carried out under Section 145 of the Charities Act 2011 Ilhe 2011 Act'l. In caTTwng out my examination I have Idlowed the Directions Eiven by the Charity Commissi¢Jn under Section 145ISI Ibl of the 2011 At Independent exarninees Statement Since your charity's gross incorlle exceeded £250.(KKI your exarniner must a member of a listed body. I can confirm that l am Qualified to undertake the e¥amiThation because l arn a rnember of the Association of Chartered Certified Accountants. which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my aitention in connettion with the examination 8iwn8 me cause to believe: accounting records were not kept in respert of the Companyas required bysertion 386 01 the 2006 Act.. tsr the accounts do not accord with those record5- or the accounts do not compty th the accounting requirements of Section 396 of the 20C6 Act other than any requirement that the èccount5 give a true and fair view which not a matter considered as part ol an independent examination- or the accounrs have not been prepared in accordance wtth the and principles of the Statement of Recommended Practice for accounting and reporting by charities lapplicable to charilie5 preparing their accounts in accordance with the Financial Reporting Standard applscable in the UK and Republic of Ireland IFRS 10211. I have no concerns and have come across no other matters in connedion with the examination to which attention should be drawn in thi5 report in order to enable a proper understanding ofthe accounls to be reached. Huw Carter F The Association of Chartered Certified Accountants Carston Chartered Accountants Tudor House 16 Cathedral Road Cardiff CFII 9LJ Date.. Page 2
AFONYDD CYMRU CYFYNGEDIG STATEME1 OF FINANCIALAcnvrnES FOR THE YEAR ENDED 315T DECEMBER 2013 20Z3 Total fvnds 2022 Totsl funds Unrestricted fund Restricted lund Notes INCOME AND ENDOWMENTS FROM Donations and legacies 101.288 139.296 240.584 88.054 Investment income Other income 1.193 1,193 17,5 158 13,500 17.SLThJ Total 118.788 140.489 259.277 101.712 EXPENDITURE QN Charltable aCtItIeS General 80.249 127,774 208,023 95,559 NETINCOME 38,539 11715 51.254 6,153 RECONCILIATION OF FUNDS Total funds brought forward 57.979 113595 171.574 16S,421 TOTAL FUNDS CARRIED FORWARD 96.518 126.310 222,828 171.574 The noies form part of these financial staiements Page 3
AFONYDD CYMRU CYFYNGEDIG STATEMETrN OF FINANCIAL posmoN 31ST DECEMBER 2023 2023 2022 Notes FIXED ASS5 Tangible assets 276 414 CURRENT ASSETS Debtors Cash ai bank 28.978 196.977 36,924 153,947 225.955 190.871 CREDITORS Amounts falling due within one year io 13.403) 119.7111 NETCURRENT ASSETS 222.552 171,160 TOTAL ASS5 LESS CURRENT LIABILITIES 221.8Z8 171.574 NET ASSET5 222.828 171,574 FUND5 Unrestritted lunds Restricted funds 12 96,518 126,310 57,979 113,595 TOTAL FUNDS I2228 171,574 The charitable company is entitled io exemption from audit under Section 477 of the C(mpanies Act 2006 for the year ended 31st December 2023. The members have not rèquired the company to obtain an audit of its finanoal statements for the yeaT ended 31s1 December 2023 in accordance with Settion 476 of the Companies Act 2. The Irustees acknowledge their responsibilities for ensuring that the charitable company keeps accounting records that ccfflY with Sertions 386 and 387 01 the Companies Att 21X)6 and preparing financial statements which give a true and Fair view of thestate c*f affairs of the charitable companv as at the end of each liriancial year and of its surplus or deficit for each financial year IA aicordènce with the reouirements of Sections 394 and 395 and which otherwise comply with the requirernents of the Companies Art 2006 relating to financial 5tatetnent5. 50 fara5 applicable to the charitable companv. The notes form part of ihe5e financial statement5 Page 4 continued...
AFOPIYI>D CYMRV CYFYNGEDIG 31ST DECEM8ER 21Y23 These financial statements have been prepared in accordance with the P151rS applicable to chadtsble companies subject to the small companie5 regne. The financial ststements were approved by the Board of Trwtees and authorised for issue on - and wefe ygned on its behalf by.. The Wjsc Mi115- Trustee The notes forn p* of these finanaal statemwts
AFONYDD CYMRU CYFYNGEDIG NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023 AGENCY INCOMÉ AND EXPENDITURE Funds received during the year and distributed to connetted parties under an agency agreement are not treated as income and expenditure of the entity and are not. therefore. pre5enled in the financial stateTTRnt5 of the enrsty. ACCOUNTING POUCIES Basis of preparing the financial ststements The financial statements of the charitable company. which is a publ benefit entity under FRS 102. have been prepared in accordance wilh the Charities SORP IFRS 1021 'Accountyng and Reporting by Charitie5.' Statemenr of Recommended Practice apicable tts charities pparin2 their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffetti¥e l January 20191,. Financial Reporting Standard 102'The Financial Reptsrting Standard applicable in the UK ènd Republic of Ireland, and the Companies Act 2LK)6. The financial staiements have been prepared under the historical cost convention. IOMe All incorne is recognised in the Statement of Financial Artivities once the charity h35 entitlement to the fund5, it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are cogniSed as expenditure as soon as there is a le8al or tonstructive obltgation committing the charity to that expendirure, it is probable that a transfer of economic benefits will be iequired in settlement and the amount of the obligation can be measured reliabty. ExpendlUre is accounted for on an accruals basis and has been classified undèr headings that aggregate all cost re13ted to the category. Where costs cannot be directly attributed to particular headings they have been allocated to artivities on a basis consistent vmth the use of resources. Tanglble fixed assets Oepreciation 15 provided at the following annual rates in order to lte off each asset over its e5tirnated useful Plant and machinery 25% straight line on cost Taxation The charily exempt frorn corporation tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charitable obRrtNes at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restriction5 arise when specified by the doNor or when funds are rased lor particular restricted purposes. Further explanation of the nature and purpose of eactrt fund is iocluded in the notes to the financial Statements. Page 6 continued...
AFONYDD CYMRU CYFYNGEDEG NOTES TO THE FINANCIAL STATEMENTS-continued FOR THE YEAR ENDED 31ST DECEMBER 2023 INVESTMENT INCOME 2023 2022 Deposit èccount interest 1.193 158 NET INCOMEIIEXPENDtWRE} Net income/lexpenditurel is stated after chargin¥Jlcreditingl= 2023 2022 Depreciation- owned assets 138 TRUSTEES. REMUNERATION AND BENEFtrs There were no trustees. remuneration or other benefits lor the year thded 31st December 2023 nor for the ve3r ended 31st December 2022. Trustees, expenses There were no tru5tee5' expenses paid for the year ended 315t December 2023 nor for the year ended 31st December 2022. STAFF COSTS The average monthly number of employee5 duiing the year was a5 follLyws= 2023 2022 General No employees received ernoluments in exce55 of £60.(. COMPARATIVES FOR THE STATEMENT OF FINANCIALAcnvmES Unre5tritted fund Restricted fund Total funds INCOME AND ENDOWMENTS FROM Oonation5 and legacies 47,214 40.840 88.054 Investment income Other income 158 158 13,500 13.5(Kl Total .714 40.998 101,712 EXPENDITURE ON Charrtable activitles General 55.363 40,196 95.559 NET INCOME 5,351 6,153 Page 7 continued...
AFONYDD CYMRU CYFYNGEDIG NOTES TO THE FINANCIAL STATEMENTS- Continued FOR ThE YEAR ENDED 31ST DECEMBEP 2023 COMPARATIVES FOR THE STATEMENT OF FINANCIALACTIVrnES- •Jntinued Unrestricted fvnd Restricted fund Total fund5 RECONCILIATION OF FUNDS Totsl funds brtsught forward 52.628 112.793 165,421 TOTAL FUNDS CARRIED FORWARD 57.979 113.595 171,574 TANGIBLE FIXED ASSETS Plant and machinery COST At 1st January 2023 and 31st December 2023 17,017 DEPRECIATION At 1st January 2023 Charge lor year 16,gJ3 138 At 31st December 2023 16.741 NET BOOK VALUE At 315t December 2023 276 At 31st December 2022 414 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Prepayrnent5 and accrued income 28.978 36,924 Page 8 continued...
AFONYDD CYMRIJ CYFYNGEDIG NOTES TO THE FINANCIAL STATEMENTS- Continued FOR THE YEAR ENDED 31ST DECEM8EA 2023 io. CREDITORS: AMOUNTS FALLING DUE wrtHIN ONE YEAR 2023 2022 Trade creditors other treditors Accruals and deferred income 171 832 Z,4CK) 613 1,008 18.090 19.711 ii. ANALYSIS OF NET ASSETS BEtWEEN FUNDS 2023 Total funds 2022 Total funds Unrestricted fund Restricted fund Fixed assets Current assets Current liabilities 276 126,866 18321 276 225,955 13,4031 414 190,871 19.7111 99.089 12.5711 96 126310 222,828 171.574 12. MOVEMENT IN FUNDS Nei movement in funds At 3V12123 At 111123 UnrestrKted funds General fund 57.979 38.539 96,518 Restrided fvnds General fund restritted 113,595 12.715 126310 TOTAL FVNOS 171.574 51,254 222.828 Net mo¥ement in funds. included in the above are as follows.. Incomi Resources expended Movement in funds resources Unrestricted funds General fund 118.788 180.2491 38.539 Restrirted funds General fund - restrirted 140A89 {127,7741 IZ.715 TOTALFUNDS 259277 1208.0231 51,254 PaEe 9 continued...
AFONYDD CYMRU CYFYNGEDIG NOTES TOTHE FINANCIAL STATEMENTS-continuEd FOR THE YEAR ENDED 31ST DECEMBER 2023 12. MOVEMENT IN FUNDS- contlnued Comparathves for mo¥ement In funds Net movement in funds At 31112122 At 111122 Unrestiicted funds General fund 52,628 5,351 57.979 Restrlcted funds General fund- restricted 112.793 113.595 TOTAL FUNDS 165.421 6.153 171,574 Comparative nei movemellt in funds. induded in the above are as fdlows: IncotninE re5rNJrce5 Resources expended Movement in funds ijnrestiicted funds General fund 60,714 155,363 5.351 Restrlcted funds General fund restritted 40,998 140.1961 802 TOTAL FUND5 101,712 195.5591 6,153 A current year 12 months and prior year 12 months combined p05itK)n is as follows.. Net movement in funds At 31112123 At 111122 Unrestrirted fvnds General fvnd 52.628 43.890 96,518 Restricted funds General fund- restrirted 112,793 13.517 126,310 TOTAL FUNDS 165.421 57.407 222,828 Page 10 tontinued...
AFONYDD CYMRU CYFYNGEDIG NOTES TO THE FINANCIAL 5TATEMENTS-continued FOR THE YEAR ENDED 31ST DECEMBER 2023 12. MOVEMEMfiN FUNDS- contynued A current year 12 rnonths and prior year 12 monihs cornb¥ned net @ment in funds, included in the above ère as follows.. Incoming resources Resources expended Movement in funds Unrestricted funds General fund 179.502 1135.6121 43,890 Restrl¢ted funds General fund restricted 181,487 1167.9701 13,517 TOTAL FUNDS 360.989 1303,5821 57.407 13. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31st December 2023. Page 11
AFONYDD CYMRU CYFYNGEDIG DETAILED STATEMENT OF FINANCIAL AcnvmES FOR THE YEAR ENDED 31ST DECEMBER 2023 2023 Total funds 2022 Total funds Unrestricted funds Restricted lund5 INCOME AND ENDOWMENTS Donation5 and iegacles Donations Grants 287 ioi,fA)i 287 2410,297 1,182 86,872 139,Z96 101288 139,296 240,584 88,OS4 Investment income Deposit account interest L193 1.193 158 Other in¢oMe Other income 17.500 17.500 13,500 Totsl incoming resources 118.788 140.489 259.277 101.712 EXPENDrruRE Support costs Finance Insurance Plant and machinery 1,049 I9 138 1,677 138 1.049 1.187 1,815 Human re50ur(e5 Wages 62,80S 125.290 81.648 Govemance costs General costs Accountancy and legal fees Bank charges li,U8 5.147 65.151 76.339 5,147 8.554 3,481 61 16,395 65,151 81,546 12,096 Total resources expended 80.249 127.774 208,OZ3 95,559 Net income 38.539 12,715 51254 6,153 This page does not fomi part of ihe statutory financialstatements Page 12
Company registration number.. 06742270 Charity registralion number= 1145675 Afonydd Cymru Cyfyngedig IA company limited by guarantee) Annual Report and Financial Statements for the year ended 31 December2023 afonydd cymru caring for welsh rivers
Afonydd Cymru Cyfyngedig Table of Contents Reference and Administrative Detail..-...............................................-............... Tru51ee Report........................................................................................................................................ Statement of Trustee, Responsibil¥ty....................................................................................................
Afonydd Cymru Cyfynsedig Reference and Administrative Oetails Trustees Viscount Chris Mills, Chair Mr Peter Powell Mr joe Pimblett Ms Harriet Alvis MrTony Rees Mr Creighton HaNey Mr5imon Evans Reglstered Office The Right Bank The Square Talgarth Brecon LD3 OBW Company Re8iStration Number 06742270 Charity Registration Number 1145675 Accountant Carsion Accountants
Afonydd Cymru Cyfyngedig Trustees, Report Afonydd Cymru continues to represent the six regional Tfvsts with Welsh Governmenl and with Wales's statutory environmental body, Natural Resource5 Wales INRWI. These Trusts, who are all regtered charities, are as follow5.' North Wales Rwers Trust The Welsh Dee Trust The Severn Rwers Trust The Wye and Usk Foundation South East Wale5 Rivers Trust West Wales RNers Tnjst Our vision and objectives Our vision is for clean and healthy rNers for every community in waS. by working towards the following objectives.. l. Contribute towards the overall improvement of river water quality 2. Create an expanded and more effective Afonydd Cymru and River5 Trust movement in Wales, with a long-term. sustainable funding base 3. Advocate to eliminate the current high levels of pollution 4. Influence and challenge relevant legislation. policy and praciKe to protect and enhance Wales's freshwater environments 5. Generate greater public awarethess of rivers and the WO of the RNers Trust movement in Wales In June 2024, the Board confirmed that we would continue with these objectives aBain5t our strategy during 2024125. 21Page
Advocacy Over the past year. Afony(kl Cymru has significantly increased its TO in advotacy across all area5 of riverwater quality and management of rNercatchments. This include5 representation at the following Welsh Government IWGI or Natural Resources Wales INRWI fora- The Wales Land Management Forum IWLMFI WLMF Alternative Measures Group The Wales Water Management Forum The Wales Fisheries Forum The Independent Environmentsl Advisory Panel for D1*4r Cyrnru Welsh Water IDCWWI Wales Environment Link WG Task and Finish Groups- Nutrient trading NRW Access Forum In(leperhdent Challenge Group Welsh Government Taskforce for Better River Water Quaif(v ITechnical Advisor) Afonydd Cymru continues to advocate through these fora for the improvement of Welsh rivers and their associated biodiversity. Activities Afonydd Cymru is a small charity of 2.8FTE. We are also supported by two independent trustees. During 2023, due to Tesignation. we replaced our project manager. Robin Parry, also sttsod down a5 a trustee for Afonydd Cymw in parallel with stepping down as Chair ol North Wales Rivers Trust.
Funding Secured during 2023 Restrirted Projert Funder Strategic Allocation funding- Fisheries Restoration WG via NRW. Nature Networks Fund proposal to reconnect the salmon rivers of Wales with Swansea University Gravel Augmentation HLF vi3 Swansea Uni APEM Development of Carl)on and Tree Planting for Wales Afon Clwyd- Feasibility for Nutrient Removing Wetlands Afon Terfi Support to WWRT on the Feasibility of Nutrient Removing Fishmongers Company DCWW WWRT Wetlands Supply Chain Mapping for Pembrokeshire- Support to WWRT Support to the West Wales Nutrient Management Boards in the development of governance and Nutrient Management Plan development WWRT Carmarthenshire CC During 2022. Afonydd Cymru agreed a change in arrangemenl with NRW such that all river restoration fundin8 historically managed by us and discharged to the regional rivers trusts will now go directly to those trusts. This includes funding for Alternative Mitigation. Afonydd Cymru has retained a focussed role to maintain the All-wales restoration database and mapping of restoration activily for NR W for fisheries restoration. During 2022, we also undertook a review oftheAII-Wales database against WFD data held by NRW and identified significant differences in data which we have reported to NRW. We also supported NRW in development of a river restoration portal. We provided minor support to Swansea Unwersity in delivery ofthe Nature Networks Fund for river restoration activity by West Wales RNers Trust and the Wye and Usk Foundation on barrier removal on the River Usk an(J Afan. We completed a contract for APEM for delwery of gravel augmentation downstream of three re5eivoir5'. Pontsticill. Llwynon and Talybont with South East Rivers Trust and the Wye and Usk Foundation. This project successfully returned spawning gravels downstream of these three reservoirs as mitigation for the impact of the Welsh Water dams on the three rivers.
We are very grateful to Fishmongers Company for financial sUPIKlrt for tree planting in Wale5. We continued to advocate for better policy in Wales to deliver the right tree in the right place arhd we have been working hard on advocacy to ensure appropriate tree antIng regimes are part of the Sustainable Faiming Scheme, working with Woodland Tmst Cymru. WeLsh Government and NRW on riparian corridor planting proposals. This work will continue into 2024 and we are current developing proposals for the optional layer of SFS. During 2023, we have corhtinued to try and move fonward mitigation for nutrient impact to rivers in Wales. In particular, we have supported West Wales NMB in development of theirwork on the rNers Tywi, Teifi and Cleddau. We have also worked on supporting the feasibilty of wetlands as a treatment solution for nutrients. Whilst this work can continue directfy with WeLgh Water, it is prevented in other areas by NRW policy therefore for the tim&bein8 these opportunities have now ceased. Unrestrirted We were very grateful forvital core grant funding from Esmee Fawbaim, which is for a period of the vears until March 2025. This funding has continued to support Afonydd Cymru to: Maintain a core staff of 2.8FTE within Afonydd Cymru. to drtve advocacy and communications, whilst also supporting the rivers trnsts of Wales on rNer restoration. Further diversification of our funding base.. We continue to provide knowledge share hubs wtth our regKJnal rivers tnjsts, enabling them to develop and expand their actNilies. During 2023. we have supported the trusts on specific health and safety training and GIS training, delivered our first Rivers Trust Conference and continue to develop their knowledge across poliry and guidance impacting riverwater qualbty In Wales. In 2023. with Professor Peter Hammond, we challenged Welsh Water and NRW over concerns on the failure of waslewater treatment works to meet permit condtiions in Wales. His work was invaluable to us in presenting a case for Changes to planning guidance in Wales. which was successfully adopted by NRW. Th prevents new development being allowed on non- tompliant work5 in Wales and prevent5 further impact from nutrient loading. In partnership with Fish Legal, we have also challenged WG on the full rytle of anaerobic digestion in Wales, including permittin& planning and regulation and we are pleased to confim that this challenge was acceptetl. This included an extensive and lengthy media campaign on our concerns with AD. WG is currentty undertaking a full review of AD processes in Wales and we hope that this will lead to gre3ter conlrols to what is a significant pollution source to our rivers.
Financial Summary In the calendar year 2023, Afonydd Cymnj secured a total funding of £ xxxx, We have agreed a new Reserves Policy in 2023 which ensures that a minimum six-month operating fund is maintained. Structure. ¥oveTnance and mana8ement The Trust is a registered charity and company limited by guarantee, governed by its Articles of Association, which We uKKlated in 2015 to align with the Companie5 Act 2006. Subjert to the Articles of Associ8twJn. membership is open to any indNidual or organisatN)n. Recruitment and appointment of Trustees The governing body of the Trust is the Board of Trustees. whid) currently comprises 2 independent trustees and a repre5entatNe of each rivers trust. This annual report has been approved by the Trustees of Afonydd Cymru and signed on its behaff by: Viscount Mills Chair
Afonydd Cymru Cyfyngedig Statement of Trustees, Responsibilities The Trustees (who a also the directors of Afonydd Cymru CyfyrEedig for ihe purpose5 of company lawl are responsible for preparing the Trustees, Rew)rt and the Financial Statements in accordance with the United Kin8dom Accounting Standards (United Kingdom Generally Accepted Accountancy Practicel and applicable law and regulations. Cornpany Law requires the Trustees to prepare financial staternents for each financial year. Under company law the Trustees must not approve the finanaal statements unless they are satisfied that they gDie a true and fair view of the state of affairs of the charitable cornpany and of its incoming resources and application of resources. including its income and expendtture, for that period. In preparing these financial statements the Trustee5 are required to.. Select suitable accounting policies and app them consistently ObseNe the meihods and prinaples in the Chartties SORP Make judgements end estimate5 that are reasonable and prudent State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financral statements Prepare the financial statements on the going concern basis unless it 15 inappropriate to presume that the charitable company will continue in business The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable companrfs transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial Statements comply with the Companies Act 2(#)6. They are atso responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the preVentn and detection of fraud and other irregularities. Approved by the Trustees of the chartty Idate= 26106120231 and SEned on its behalf by- Peter Powell, Treasurer