REGISTERED COMPANY NUMBER: 07568224 (England and Wales)
REGISTERED CHARITY NUMBER: 1150357
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
FOR
COTSWOLDS RIVERS TRUST
Bronsens
Chartered Certified Accwntants
Eden House
Two Rivers Buslness Park
Witney
Oxfordshire
OX28 4BL

COTSWOLDS RIVERS TRUST
CONTENTS OF ThE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Page
Rofernnco and Admlnlslrativ• D•talls
Report of the Trustees
Independent Examlnevs Report
statement of Flnancial Activities
Balance Sheet
Notes to the Flnanclal Statements
6 to 10
Dotalad Statemont of Financial Activiti08

COTSWOLDS RIVERS TRUST
REFERENCE AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31 MARCH 2024
TRUSTEES
Mr A R W Bostock
Mr T J Cramphom
Dr R M Knowles
Mr S V Payne
Mr A P Smith
Mr C D Whiiues
Mr A M HaNey (appointed 1.6.24)
Mr G J Chalk (appointed 1.2.24)
REGISTERED OFFICE
Coombe Nr Ashbury
Northlew
Okehampton
Devon
EX20 3PF
REGISTERED COMPANY
NUMBER
07568224 (England and Wales)
REGISTERED CHARrrY
NUMBER
1150357
INDEPENDENT EXAMINER
Bronsens
Chart8r8d Certified ArKountants
Eden House
Two Rlvers Buslness Parf(
Wltri8y
Oxfordshir8
OX28 4BL
Page 1

COTSWOLDS RIVERS TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
The trust88s who are also directors of the charity for the purposes of the Companies Act 20(￿. present their
report with the financial ststements of Ihe charlty for the year ended 31 March 2024. The trustees have
adopted tha provisions of Accounting and Reporting by Charities: Statement of Recommended Praclice
applicable to charittes preparing their accounts in accordance wilh Iha Financial Rewrting Standard
applicable in the UK aThJ Reputlic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
Th8 tnjsvs obiectivas aro to conserve, protect. rehabilitate and improva th8 Thames tribularias rising within
the Cotswolds area of outstanding natural beauty. There has trEen Tr) change in these during the year. The
trustees have paid due regard to gUvdan￿ issued by the Charity Commission in deciding what actlvities the
trust should undertake.
ACHIEVEMEKf AND PERFORMANCE
Charltablo actlvttles
Funds have been secured for specific projects in the Evenlode and Windrush catchments and staff have
been engaged to deliver th88e objectives.
FINANCIAL REVIEW
Financlal revlow
During the year the tharity'5 total Income amounted to £52,133 (2023: £114.267) and expenditur8 was
£56,187 (2023.. £28.722}. At 31 March 2024. total fuThYs stood at £140,545 (2023: £144.599). made up of
unrestricted funds of £30.595 (2023: £37,400) and restricted fvnds of £109.950 {2023: £107,199).
Resorves poliGy
It is the policy of the trust that unrestricled funds which have not been dasignated for a specific use should be
maint8ined at a level equivalent to bebmeen three and six I￿nth'S expendibjre. The tnjstses consider that
reserves at this18V81 will ensur8 Ihat. in th8 ev8nt of a signifirxnt drop in funithng. they will b8 able to continue
the trust's Currènt activiti8s while consideration is given lo ways in whlth additional funds may be raised. This
level of reserves has been malntslned throughout the year.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Gov8min9 document
Tha tnjst is a company fimitèd by guarantee and regtstered as a charity undar the Charities Act 2011. Th8
company is govemed by its Memorandum and Articles of Association. The trust was incorporated as a
mpany on 17 March 2011 and registered by the Charities Commission on 7 January 2013.
Organisational structure
The tnjstees. who are also the directors for Ihe pu￿ of company law. and who Se￿ed during the year are
listed on the tiua page. None of the trustees has any beneficAal interest in the company. All the trustees are
members of the company.
Approved by o
of th8 board of trust
on..
igned on its behalf by:
rSVPayne
rustee
Page 2

INDEPENDENT EXAMINERE REPORT TO THE TRUSTEES OF
COTSWOLDS RIVERS TrUST
Independent examlnefs report to the trustees of Cotswolds Rivors Trust rthe Compan￿)
report to the ch￿lty trustses on my examination of th8 accounts of the Company for the year ended
31 March 2024.
R88ponslblllties and ba818 of report
As the charivs Irustees of the Company (and also its directots for the purposes of company law) you ar8
responsible for the preparation of accounts in ac£ordan(E with the requiremenLs of Ihe Companies Act
2006 (Ihe 2006 Acr).
Having satisfied myseff that the accounts of the Company are not required tr) be audited under Part 16 of the
2006 Act and are eligible for independent examination. I report in respert of my examination of your charlty's
accounts as carried out under Section 145 of 1he Charities Act 2011 (Ihe 2011 ACV). In carying out my
oxamination I havo followed the Direotions given by the Charfty Commission under Seclion 145{5) (b) of the
2011 Act.
Independent examlnerfs statement
I have completed my examination. I that no matters have come to my attention in connectlon with the
examination gmng me cause to believe:
accounting re¢rKds were not kept in respecl of the Comp8ny as required by Seclp)n 386 of the 2006
the accounts do not accord with those records" or
the accounts do not CA)mply with the accounting requirements of Section 396 of the 2006 Act other
than any requirement that thé accounts glve a true and fair view whith is not a matter consldered as
part of an independent examination: or
the accounts have rM)t b8en prepared in accordan￿ with the meth(¥Js and principI8s of the Statement
of R8¢ommended Practice for accounting and reporting by tharities (applicable to charities preparing
thelr accounts In accordance with the Financial Reporting Standard appllcable In th8 UK and Republ
of Ireland (FRS 102)).
I have no ¢on¢ems and have come across no other matters In connectlon with the examination to whlch
attention shoLAd be dravm in this report in order to enable a proper understandirvJ of the accounts to b8
r8ached.
Phillp J Burton Bsc FCA
Bronsens
Chartered Ceitified Accountants
Eden House
Two Rivers Business Park
Wikney
Oxfordshire
OX28 4BL
Date."
Page 3

COTSWOLDS RIVERS TRUST
STATEMENT OF FINANCIAL ACTivrriES
FOR THE YEAR ENDED 31 MARCH 2024
31.324
Total
funds
31.3.23
Total
funds
Unrestricted Resthd
f￿d
funds
ICOME AND ENDoWME￿fS FROM
Donations and legacies
300
31.344
31.644
Charitable activitles
Charitable activthes
3.768
16.500
20,268
114,227
Investrnent income
221
221
40
Total
4.289
47,844
52.133
114,267
EXPENDITURE ON
Charftable activities
Charitable activities
4.529
44.771
26,132
other
6,565
322
6,887
2,590
Total
11.094
45,093
56,187
28.722
NEf INCOMEI(EXPENDITURE)
(6,805)
2.751
(4,054)
85,545
RECONCILIATION OF FUNDS
Total funds brought foThffird
37,4C(I
107.199
144,599
59,054
TOTAL FUNDS CARRIED FORWARD
30.595
109,W)
140,545
144.599
The r¥)tes fonn part of these financial statements
Page 4

COTSWOLDS RIVERS TRUST
BALANCE SHEEr
31 MARCH 2024
31.3.24
Total
funds
31.3.23
Totsl
Jnds
Unrestricted
fund
Restricted
furKIs
Notss
CURRENT ASSETS
Debtors
Cash at bank
4.994
107.549
35,205
142,754
145.800
35.205
112.543
147.748
145,8LNJ
CREDITORS
Amounts falling due wfthin one year
{4.610)
(2.593}
(7,203)
(1.201)
NET CURRENT ASSETS
30.595
109.950
140,545
144,599
TOTAL ASSETS LESS CURRENT
LIABILITIES
30.595
109.950
140,545
144,599
NET ASSETS
30.595
109,950
140.545
144,599
FUNDS
Unrestrtcted funds
R8Strict8d funds
30,595
109,950
37,400
107,199
TOTAL FUNDS
140,545
144,599
The charitable company is entitled to ÉX8mpthJn from audit under Section 477 of the Companles Act 2006 for
the year ended 31 March 2024.
The members have not required the c4Nnpany to obtsln an audlt of Its flnandal statements for the year ended
31 March 2024 in accordance wilh Sedion 476 of th8 Compani8s Act 2006.
The trustees a¢knO￿edge their responsfolities for
ensuriThJ that the thaiitable cx)mpany keeps acfA)unting records that comply wlth Seclions 386 and 387
of the Companies Act 2006 and
preparing financial statements which give a true and fair view of the stste of affairs of the charitsble
company as al the end of each financial year and of its surplus or defidt for each flnandal year in
acci)rdance with the requirements of Sections 394 and 395 and vthich otherwise comply with the
requirements of the Companies Act 2006 relating to finanrAal slatements, so far as applicable to the
charitable cijmpany.
(b)
Th8s8 ffinancial statements have been prepared in ac(X￿dan(￿ with the provisions applirAble to charitab18
companies subjeci to the small companies reg￿e.
anci
statements were approved by the Board of Trustees arKI authorised for issue on
d were signed on its behalf by.
Mrs
ne-
us
The notes form part of these financial ststements
Page 5

COTSWOLDS RIVERS TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNTING POUCIES
Basls of proparfng the flnanclal statements
The financial ststements of the charitable company. which is a public benefft enity under FRS 102,
have been prepared in accordance wlth thé Charfles SORP (FRS 102) 'Ac¢ountlng and Reporting by
Charities: Ststement of R8comm8nd8d Practic6 aFolicable to charit18s pr8par#)g th8ir accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republ￿ of I￿land {FRS
1021 (effectlve 1 January 2019),, Finandal Reportlng Standard 102 'The Finandal Reportlng Standard
ap￿ICable in the UK and Republic of Ireland. and the Companies Act 2(N)6. The finanaal statements
hav8 b88n prépared under the historical cost ¢￿vant10n.
Income
All income is reo)gnised in the Stateffent of Finanrial Activities once the c*arity has entiuement to the
funds, It Is probable that the income wlll be recelved and the amount can be measured rellably.
Expendlture
Uabllltles are recognised as expendlture as soon as there Is a legal or constructive obllgatlon
committing lh8 charity to that exp￿dIture, it is probabl8 that a Iransfer of 8conomic beneffts will be
required in settlement and Ihe amount of the obligation can be measured rekabty. Expenditure is
accounted for on an a¢¢ru8ls basls and has been dasslfied under headings that aggregate 811 cost
related to the c*egory. Wh8r8 costs cannot ￿ directy aknbuted to particular headlngs they have been
allocat8d lo a¢tNitl8s on a basis consistent tha use of r&8crfJrc8s.
Taxation
The charity is exempt from corporation tax on its d￿ritable activities.
Fund ac¢ounting
Unrestricted funds can be used In accordance with the charitable objectives al the discretion of the
trustees.
Restricted fvnds can only be used for particular r8Strfct8d purposes within the obJ8Cts of the charity.
Reslrfctlons arfse when speCif￿d by the donor or when funds are ralsed for particular restricted
purposes.
Further explanation of the nature afmj purpose of each fund is Included in the rotes to the financial
ststements.
Pan8ion costs and other postryrntiremont bgneffts
The charitsble company operates a defined contribution pension scheme. Contributions payable to the
charilable company's pension scheme are charged to the Statement of Financial Activities In th8
period to which they relate.
INVESTMEKf INCOME
31.3.24
31.3.23
Deposit account interest
221
40
Page 6
continu&d...

COTSWOLDS RIVERS TRUST
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YFAR ENDED 31 MARCH 2024
TRUSTEES. REMUNERATION A14D BENEFrrs
31.3.24
31.3.23
Trustees. salaries
9,333
Trustees. expenses
During the year three trustees received reimbuT8ement of expenses totalling £2.107 (2023: £2.089 to
thre8 tfUSt88s).
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTivrnES
Unrestricted Restricted
fund
funds
Totsl
funds
INCOME AND ENDoWME￿fS FROM
Charitable activities
CharilaLrfe adivities
4.727
109.500
114.227
Investment incom8
40
40
4.767
109.500
114.287
EXPENDITURE ON
Charltablo actlvltlgs
Charltable a¢￿vilieS
1,281
24,851
26,132
Othar
2,590
2.590
Total
3,871
24,851
28,722
NEf INCOME
84,649
85,545
RECONCILIATION OF FUNDS
Total funds brought forward
36,504
22,550
59,054
TOTAL FUNDS CARRIED FORWARD
37.4
107.199
144,599
DEBTORS: AMOUNTS FALLING DUE V¥ITHIN ONE YEAR
31.3.24
31.3.23
other debtors
Page 7
contlnued...

COTSWOLDS RIVERS TRUST
NOTES TO THE FINANCIAL STATEMENTS- contlnu8d
FOR THE YEAR ENDED 31 MARCH 2024
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24
31.3.23
A¢¢ru8d exp6nses
7,203
1.201
MOVEMENT IN FUNDS
Net
movement
in funds
Transfers
between
funds
At
31.3.24
At 1.423
Unrnstrictsd funds
General fund
37.400
(6.805}
30.595
Rèstrlcted funds
Evenlode Projects
Windrush Recovery Project
CAPS Fund
Windrush Catchment Partnershlp
Brian Woolf Trust
Upper Coln R8Storation Group
18,000
59.699
22,OtM)
7.500
18,000
23A21
(36,278)
(22.000)
22.000
5,880
3,680
29,469
35.380
3,680
29.469
107,199
2,751
109,950
TOTAL FUNDS
144.599
(4.054)
140,545
Net movemgnt in funds, included in th8 above ar8 as follows:
Incomlng
ResourcEs Movement
r8sourc8S expended
in fvnds
Unrestrlcted fund8
Ganaral fund
4,289
(11,094)
(6.805)
Restricted funds
Windrush Recovary Proj8Ct
Windrush Catchment Partnership
Brian Wwlf Trust
Uppar Coln RostoratM)n Group
(36,278)
(1,620)
(5.320)
(1,875)
(36.278)
5.880
3.680
29.469
7,500
9,000
31.344
47,844
(45,093)
2.751
TOTAL FUNDS
52.133
(56.187)
(4.054)
Page 8
contlnued...

COTSWOLDS RIVERS TRUST
NOTES TO THE FINANCIAL STATEMEKfs - contlnued
FOR THE YEAR ENDED 31 MARCH 2024
MOVEMENT IN FUNDS - ￿nIInued
Comparatlves for movaThnt In funds
Net
movem8nt
in funds
At 1.4.22
31.3.23
Unrestrlctsd fvnds
General fund
896
37.400
Restrlcted fvnds
Rivers. Wetlands atKI Communlty Days
Evenl(Kle Projects
Windrush Recovory Project
CAPS Fund
Windrush Catchment Partnership
4,550
18.000
(4.550)
18,000
59.699
22,000
7.500
59.699
22.000
7.500
22.550
84.649
107.199
TOTAL FUNDS
59.054
85.545
144.599
Comparative net movement in funds. included in the alyjve are as fdlows:
Incomlng
resources
Resources
expended
Movement
in fvnds
Unrestrf¢tsd funds
General fund
4.767
(3.871)
896
Restrlcted funds
Rivers. Wellands and Community Days
Windrush Recovèry Project
CAPS Fund
Windrush Catchment Partnership
(4.550)
{20,301)
(4.550)
59,699
22,0
80.000
22.000
7.500
109.500
(24,851)
84,649
TOTAL FUNDS
114.267
(28,722)
85.545
RELATED PARTY DISCLOSURES
Thare were related paty trdnsactK)ns for th8 year 8r¥Jed 31 March 2024.
Page 9
continued...

COTSWOLDS RWERS TRUST
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
RESTRICTED FUNDS
Th8 charltys restrided funds r81ate to the followiTh3 activities..
Rivrfs, Wetlands and Communlty Days
Funding re￿iVed from the Wild Trout Tnjst to deliver rivertty v￿rkshopS and a project conference.
Evenlode Projects
Environment Agency funding to deliver three wojects in th8 Ev8nlod& catchmenl
Wlndrush Rocovery Project
Thames Water fvnding to employ staff to deliver spe¢ifi¢ obie¢tiV8s in the Windrush catchment.
Wlndrush Cat¢hment Partnorshlp
Environment Agency and Th8mes Water funding fcff the charity to take over the hosting role of the
Windrush Catchment Prol8Ct.
Brlan Woolf Trust
Grant fundlng from the Trust for the charlvs adlvltles.
Upper Coln Restoratlon Group
A proj8Ct funded by donations f￿Using on improving wat8r qualty in the River Coln.
Page 10

COTSWOLDS RIVERS TRUST
DETAILED STATEMENf OF FINANCIAL ACTMTIES
FOR THE YEAR ENDED 31 MARCH 2024
31.324
31.3.23
INCOME AND ENDOWMENTS
Donallons and legacles
Donations
Gift aid
26,650
4,994
31.644
Investmonl income
Depostt account intsrest
221
40
Charltablo actlvltleg
Grants
20.268
114,227
Totsl incoming rèsources
52,133
114,267
EXPENDrruRE
Charltabl6 actlvltla8
Twst88s' salaries
Wages
Pensions
Sundrigs
River Fly Workshop costs
Seminar room hlre and costs
Travel expenses
Equipmént
Protective dothing
Upper Cdn Restoralh)n ProJ8Ct
9,333
6.642
38,546
1.874
766
5.584
2,022
2,830
2,794
2,189
142
55
1,875
49.300
26,132
Support costs
Goveman¢o ¢08ts
Trustees. expenses
Insurance
Telephone
Postage and stationery
Sundries
Accountancy fees
Riv8rs Trust member5hlp
Website matntenance
Bank charges
423
96
101
420
613
4,282
260
1,115
26
1,200
100
740
6.887
2.590
Totsl resources 8xpèThJed
56,187
28.722
Net (expendltureifincome
(4,054)
85.545
This pag8 d08s not fixm part of the stalutory financial statements
Page11