TWICKENHAM RIVERSIDE TRUST YEAR ENDED 30 SEPTEMBER 2025
Charity Registration No. 1147557 Company Registration No. 07788702 (England and Wales) TWICKENHAM RIVERSIDE TRUST ANNUAL RETURN AND INDEPENDENTLY EXAMINED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
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TWICKENHAM RIVERSIDE TRUST YEAR ENDED 30 SEPTEMBER 2025
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
M R Brownrigg (resigned 17 June 2025)
S M Chappell
A Donnelly (appointed Chair 17 June 2025)
C C M Holman
L J Montgomery-Smith (resigned 30 April 2025)
J R Preece
Secretary: C C M Holman
Charity number: 1147557 Company number: 07788702
Registered office:
9 Aquarius,
Eel Pie Island
Twickenham TW1 3EA
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TWICKENHAM RIVERSIDE TRUST YEAR ENDED 30 SEPTEMBER 2025
CONTENTS
| Trustees' report | 4-6 |
|---|---|
| Statement of trustees' responsibilities | 7 |
| Statement of fnancial activities | 8 |
| Balance sheet | 9 |
| Notes to the fnancial statements | 10-13 |
| Independent examiner’s report on accounts | 14 |
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TWICKENHAM RIVERSIDE TRUST YEAR ENDED 30 SEPTEMBER 2025
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 30 SEPTEMBER 2025
The trustees present their report and financial statements for the year ended 30 September 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Trust's governing document, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016).
Objectives and activities
The Trust's Objects are to preserve, protect and improve for the benefit of the public the riverside and its environs at Twickenham in the London Borough of Richmond upon Thames and such other areas as the Trustees may from time to time decide; to provide charitable facilities there for public recreation and community activities; and to advance the education of the public in the history and environment of the area.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the Trust should undertake.
Achievements and performance
- UPDATE ON TRUST BOARD MEMBERS
L J Montgomery-Smith resigned as a Trustee on 30 April 2025
M Brownrigg resigned as a Trustee on 17 June 2025
A Donnelly was appointed Chair on 17 June 2025
- DIAMOND JUBILEE GARDENS and RICHMOND COUNCIL’S RIVERSIDE DEVELOPMENT
At the end of last reporting year, in September 2024, the Trust’s demise within the Diamond Jubilee Gardens vested in the London Borough of Richmond upon Thames, ending the Trust’s lease which had been due to expire in 2139.
The Gardens subsequently closed to the public in Spring 2025, Cafe Sunshine having closed in December 2024, and exploratory construction work commenced soon after.
The Trust’s event delivery equipment had previously been stored in a container alongside Diamond Jubilee Gardens. With the closure of the Gardens, this was no longer available. Richmond Council kindly agreed to store the equipment underneath its Civic Centre in central Twickenham, where it has been readily accessible to the various groups who have made use of it since it was moved there.
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TWICKENHAM RIVERSIDE TRUST YEAR ENDED 30 SEPTEMBER 2025
• COMPULSORY PURCHASE ORDER COMPENSATION
The Trust continued to negotiate with the London Borough of Richmond upon Thames regarding
compensation for the loss of its lease. In January 2025, an interim compensation payment was received. Out of these funds, an interim payment (as shown under “Other Income” in the financial statement below) was made to the Trust’s surveyor, who continued to advise trustees regarding compensation. Final agreement was reached soon after the end of this reporting year.
• TWICKENHAM BUSINESS IMPROVEMENT DISTRICT (BID)
The Trust’s event-delivery partnership with the Twickenham BID continued in spite of the Gardens no longer being available for events.
The Trust also continued to lend its gazebos, tables and other event delivery infrastructure to the BID, as well as other local organisations and groups.
• TOTALLY THAMES FESTIVAL 2025
The Trust took part in this month-long, London-wide festival, organised by the Thames Festival Trust, with three days (Friday-Sunday) of boat trips at the end of September, leaving from Twickenham Embankment and doing a roundtrip to Richmond.
Ahead of the event, several trustees and volunteers completed a two-day RYA training course (Powerboat Level 2). The event was also delivered with the supervision of an experienced waterman.
There was very positive feedback from participants, and the Trust will be liaising with various bodies to explore how this activity can be expanded.
• PRESENTATIONS
Just under £400 was raised from delivering Thames-related talks to various local groups, and the Trust is looking to expand this educational activity.
• FINANCIAL REVIEW
The expenses to which the Trust is committed on an annual basis are minimal and so the Board of Trustees are still of the opinion that the financial position of the Trust is secure now and for the foreseeable future.
The Trust does not have a reserves policy, but the Trustees are of the opinion that the current level of reserves are sufficient such that in the event of a significant drop in funding, they will be able to continue the Trust’s current activities while consideration is given to ways in which additional funds may be raised.
The trustees have assessed the major risks to which the Trust is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
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TWICKENHAM vERsIDETRUSTyEAR ENDED 30 SEPTEMBER 2025 . STRucfuRE, GOVERNANCE AND MANAGEMENT TheTrust is a comparty limited by gLllrane. The true& who are also the directors for the purpose of compary law. and VA ser¥ed during the year and up to the date of stgrrature of the finarKial statements were: M R BroWnrI {reSigd 17 June 2025) S M Cppe11 A Donnelty (appointed Chair 17 June 2025) C C M Holman L J Montgomery-smtth {resyd 30April 2025) J R Preece The power to appoint tteeS is Vested in the presem trtees. As in previous yur&going forward theTrust will be looking to recrurt rTeeS using the assiMre of the Richmond Council forVobJnory Service (RCVS), who 07th across the borolth runningTrwtee recruitment evens as well as mawrtaining a datsbase of members of the public who expre55ed an interesc in becoming aTnL5tee. RCVS Fras ¥ery 5CesSfUllY assisted th Tnjst in past years wblicising the role in order to ensure a wide SpeCtrn of applican None of the trustres has any beneficial inteTrst in the comparry.All of the tree$ are members of the company and rantee to con¢ribute £10 in the eyert ofa wiThjW . The trust is governe(I by the Board OfTeeS who erre tFot the ofy"ectibEs of tnJst are beirg meL The trustees, report vrds approved by the Board 0fTrs. C C M Holman ISe¢retary) Trustse J R Preere CThYasurr) Trus t>ated: 28 JU 2026 Dated: 28jU 2026
TWICKENHAM RIVERSIDE TRUST YEAR ENDED 30 SEPTEMBER 2025
STATEMENT OF TRUSTEES' RESPONSIBILITIES FOR THE YEAR ENDED 30 SEPTEMBER 2025
The trustees, who are also the directors of Twickenham Riverside Trust for the purpose of company law, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company Law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Trust and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.
In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Trust will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the Trust and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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TWICKENHAM RIVERSIDE TRUST YEAR ENDED 30 SEPTEMBER 2025
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2025
| Notes Income from: Donations/legacies/grants 2 Income from fundraising activities 3 Other income 3 Total income Expenditure on: Raising funds 4 Charitable activities 5 Total resources expended Net income/(expenditure) for the year/ Net movement in funds Fund balances at 1 October 2024 Fund balances at 30 September 2025 |
Unrestricted funds 2025 £ 27 654 43,039 43,720 - 11,082 11,082 32,638 (8,935) 23,703 |
Total 2024 £ 2,295 340 967 3,602 - 1,816 1,816 1,786 (10,721) (8,935) |
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
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TWICKENHAM RIVERSIDETRUSTYEAR ENDED 30 SEPTEMBER ?0?5 BALANCE SHEET AS AT 30 SEPTEMBER 202S 2015 2024 Notes Debtors Cash at bank ar in hand 24.019 l657 Credinrs". amounts falling due wirhin ore year 9 Net current assets 23.703 (&935) Trust funds Uryestritted 23,703 (8,935) The company is entrtled to exemptM)n from the requirement contained in sertion 477 of the CompaniesA£t 2006. for the year eThled 30 September 2025. The trustees acknowledge their resPolbilItIeS fty emIri the keeps accourting records which compty wrth Seon 386 of the Acr for prpwriro financial ststrments which a true and fair View of the state of affairs of the comrAry as at the end of the firAncial )Ear and of its incoming resources and application of resources, irlUdirE its income and expendiwre.for the fintIal year in accordance with the Wu1Me$ of section$ 394 and 395 and which otherwise compty with the requirements of the CompaniesAtt 2006 rekating to firorKial st3tements.so far as applicable to the ctynpany. The membw3 rewred the conpany to obtain an audit of its firHncial s13tements for the ye¥ in question in accordance wth sectM)n 476. These financial statements been prepared in accordance with the povisMJ)s applk2ble to companies 5ubjett to the small cornparMe5 regime. The fira1 sutemw)ts we appmbed by theTrustees on 28Jur 2026. J R Preece Trustee Company Regimuon Na 07788702
TWICKENHAM RIVERSIDE TRUST YEAR ENDED 30 SEPTEMBER 2025
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
1 Accounting policies
Charity information
Twickenham Riverside Trust is a private company limited by guarantee incorporated in England and Wales. The registered office is 9 Aquarius, Eel Pie Island, Twickenham TW1 3EA.
1.1 Accounting convention
The financial statements have been prepared in accordance with the Trust's governing document, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016). The Trust is a Public Benefit Entity as defined by FRS 102.
The Trust has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling , which is the functional currency of the Trust. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the Trust has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
All funds of the Trust are unrestricted funds. Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
1.4 Income
Income is recognised when the Trust has entitlement to the funds, the amounts can be measured reliably, and it is probable that the income will be received.
The following specific policies are applicable to particular categories of income:
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TWICKENHAM RIVERSIDE TRUST YEAR ENDED 30 SEPTEMBER 2025
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025
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Income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
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Legacies income is recognised when receipt is probable and entitlement is established.
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Income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
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Income from contracts for the supply of services is recognised with the delivery of the contracted service.
1.5 Expenditure
Expenditure is recognised on an accruals basis as a liability is incurred.
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TWICKENHAM RIVERSIDE TRUST YEAR ENDED 30 SEPTEMBER 2025
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025
2 Donations and legacies
| Donations and gifts Grants 3 Income Fundraising activities Other income (advance on Compulsory Purchase Order settlement) 4 Fundraising activities Cost of fundraising activities |
Unrestricted funds 2025 £ 27 - 27 Unrestricted funds 2025 £ 654 43,039 43,693 Unrestricted funds 2025 £ - |
Unrestricted funds 2024 £ 2,295 - 2,295 Unrestricted funds 2024 £ 340 967 1,307 Unrestricted funds 2024 £ - |
|---|---|---|
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TWICKENHAM RIVERSIDE TRUST YEAR ENDED 30 SEPTEMBER 2025
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025
5 Charitable activities
| Insurance Bank charges Accountancy Legal and professional Website Other expenses Event delivery expenses Event investment (training/infrastructure) |
Unrestricted funds 2025 £ 313 53 184 7,387 266 440 31 2,408 11,082 |
Unrestricted funds 2024 £ 270 62 184 - 137 61 1,102 - 1,816 |
|---|---|---|
6 Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the Trust during the year.
7 Employees
There were no employees during the year.
| 8 Debtors | 2025 | 2024 |
|---|---|---|
| £ | £ | |
| Amounts falling due within one year | - | - |
| 9 Creditors | 2025 | 2024 |
| £ | £ | |
| Amounts falling due within one year | 316 | 11,592 |
10 Related party transactions
There were no disclosable related party transactions during the year.
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TWICKENHAM RIVERSIDE TRUST YEAR ENDED 30 SEPTEMBER 2025
INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS
I report to the trustees on my examination of the accounts of the Twickenham Riverside Trust (“the Charity”) for the year ended 30[th] September 2025.
As the Charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
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the accounting records were not kept in accordance with section 130 of the Charities Act; or
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the accounts did not accord with the accounting records; or
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the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Name: Andrew Craig Address: 16 Cranmer Rd, Hampton Hill, Middlesex, TW12 1DW Date: 25 June 2026
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