Charlty regl8trallon number 1154348 (England and Wale8) Company reg18tratlon number 07986475 BRISTOL AVON RIVERS TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
BRISTOLAVON RIVERS TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trustee8 Mr D WAtkin Mr P C Coleman4mith Dr J B Greaves Mr T R lfjeld$&n Professor R A Skeffinglon Mr KAdarn$ Miss K Thackray (Appointed 28 October 20241 (Appointed 28 April 2025) Secretary Mr P C ColemaTrSmlth Chlel Executlvo Offlcor Mr S Hunter Charlty numbor 1154348 Company numbèr 07986475 Reglstered offlc¢ The Oakley Kiddominster Road DrO11¢h Worcastershire VIR9 9AY Independont examlnor Colrn McGfOry The Oakley lfjddemiinster Road Dro1ICh WOrst01$h1r8 WR9 9AY Bankors Tridos Bank Deanery Road Bristol BS15AS Lloyds Bank plc PO Box 1000 BX11LT
BRISTOL AVON RIVERS TRUST CONTENTS Pagg Chalmian's statement Twstees, report 2-15 Independent examlnerfs report 16 statement of finandal acflvltles 17 Balance sheet 18 Slatsm8nt ofeash fiow8 19 Notes to the finan¢lal ststements 20-33
BRISTOL AVON RIVERS TRUST CHAIRMAN'S STATEMENT FOR THE YEAR ENDED 31 MARCH 2025 A word from Ihe Chalr It is my great pleasure lo rellect on another remarkable year of progress and impact at Bristol Avon Rivers Trust (BART). Each year, the Trust continues to grow- not just in size and scope. but in the depth of its influence across the catchment The pa5l Iwelve months have been no exception. Thls year. the team has expanded towards 20 dedicated profassionals. supported by a thriving netsvork of volunteers and partners. Together. they have dolivered an extraordinary range of projects - from habitat restoration and natural flood management to Ciiizen science and community engagement. These iniliatives have not only improved the ecoiogical heallh of our rivers and streams but have also deepened public connection to the natural worfd. The Trusvs work with farmers through the Chew, Cam & Kllow Fami Cluster now spans over 1.000 hectares, identifying hundreds of opportunities lor riparian enhancemeni Our citizen science programmes, includlng Riverfy, River Detectivés. and RiverBlitz, have reached full capacty. with over 200 active volunteer sites and thousands of data points collected to inforn adion. These effort8 are not just Impre1Ve in scale- they are transfomative In thelr outcomes. Financially, BART continues to demonstrate resilien and stralegtc foresighL Increased conftdenee from funders and partners ha5 enabled the Trust io build reseFVeS. diversify income, and plan for lonterm sustainability. Th8 development of RiverHub, our ntralIsed data plattom, Is a tèstament to our commlbnent io transparency, Ilaboration, and innovatlon. Governance has also Strengther1. with the Board expanding to slx Trustees, bringing new expertise and Shaer oveT5ight. Our focus has remained on supporling the CEO. refinlng policy. and ensuring robust risk management- particularty in areas such as health and safety, data protection and financial planning. As Chalr, l am immensely proud of thè team's achievements and the values that underpin their vrk. Integrity, professionalism. and a willingness to gel hands dirty in pursuit of lasting environmental change. BARTS reputation as a trusted partner, intemiediary been ¢ommunrties, local govemment statutory aganaes and businesses, and as the dellverer of choice continues to grow. Looklng ahead, the Trust is Polsed for anothér year of ambitious dellvery. From weir removals, lir restoratlon and eDNA monitoring to expanded fam engagement, education and communty angagement, the pipeline is rich wilh opportunity- l invite you to explore the pages of this report and join us in Cebrating the people. partnerships. and projects that make BART such a vital for for good. Dr J B Greav85 Chalrnian 07111125
BRISTOL AVON RIVERS TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Trustses present their annual report and financial statements for the year ended 31 March 2025. The financial ststements have been prepared in accordanc8 wilh the accounting policies set out in note 1 to the financlal statements and comply with thè charitymemor8ndum and articles of association, Ihe Companies Act 2006 and "Accounting and Reporting by Charities: Ststement of Recommended Prac*ce applicable lo charities preparing their accounts In accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effectivo 1 January 20191. Welcome fmm the Chlef Executlvo Thtg past year has been one of growth, collaboration. and continued commrfment to our mlssion of restoring and protecting the rivers of the Brtstol Avon catchment BART has d6veloped from its grassroots b89innings into a Irusted and ambitious organisation, d811v8ring mulli- banefft pmjacts that improve water quality, enhance habitats, and connect communities with their rivers. In 2025, we have strengthened partnerships with landowners, local authorities. govemment agencies. and busin8sse5. ensuring that our colleclive efforts continua to deliver positive ouicomes for wÉldlife and people. Our work is only possible thanks lo Ihe dedi¢atlon of our staff. trustees. volunteers, and the many supporters who share our vision for healthy rivers. l am immensely proud of what wg have achievad together and of the impact we Arè making across th8 catchmenL As the climats and ecological chall&rvJ8s facing our rivers become evar more pressing, BART remains dotermined to play its part In building resilient ecosystems and inspiring communlties to value and protect the freshwatsr environment. These accounts reflect not only our financial stewardship, but also the trust plxed in us by funde and partners to deliver meaningful change. Thank you to all who continue to support BARTS work. Togethar, we are ensurlng a fvture where the rivers of the Bristol Avon are healthier. more resilient. and better connected for genèrations to come. Simon Hunter Chlef Executive Officer
BRISTOL AVON RIVERS TRUST TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 ObJocllve8 and a¢llvltles a. Legal Purpose Charltablo ObJe¢tfvos The charitable objectives of the Trust set out in the MemorarKlum and article5 of association are: To conseM, protect, rehabilitate and improv8 Fivers streams, watercourses and water Impoundments of the catchments comprislng the Bristol Avon and South Glouekstsrshire streams including adja(%nt estuarine arpas, for the advanLYment of environmental protecllon or Improvement for the benefit of the public. To advan the education of the public or any association. irtstitulion. voluniary otganlsallon. company. local authority or representative body in: a) The UrerStandIng of rivers, river cothdors and rfver catchments induding their fauna. biothemisty. economic or social actNity and river management b) The need for. and beneffts ol. conservalion, protection. rehabilitation and improvément of aquatsc environmenls. The Trusts objectives correspond with the charitable purposes of advanclng environmental protection and the advancement of education as described in the Charitl8s Aci 2011. The Trusfs activitles meet the iwo key principles ot publlc benefit as lollows: Prlnclple 1. There rnt be idenlifiabEe benefits whlch are clear, related to the aims 8rKI balanced against any detriment or hami. Prlnclple l The beneffts must be appropriate to the aims and availab to th8 publlc or sectlon of the publlc and private benefits must bo incidental. Tho Trust's work meets princtple 1 through brfnglng about physical change to Ihe river5 and streams th8 CAtrhment through improvement to in stream riparian habitat and by working wilh the fornal calchmont partn8rship influence plans and str8tegtes involving water quality within the catchment to 8nsura that enNironmental outcomes are repr858nted within such plans. The Trust fvrthor works throughout the catchment to share these plan5 at local and community level. The Trust's WOTk aims to provide ecosystem servios beneffts to the public through ImproTrAng water quafity, preseNing the habltat and food sources of endangered Species, ¢onserving the envlronment and provtding educalion about the aquatic environment to community groups 8nd schools. The Trusvs WO m88ts prinaple 2 through improving water quality and the natural environmènt for the benefft of all. These include users of water in home and business. leisure users, and communbties who live by the river as well as sthools and outreach organis8tions and volunteers using the river to improve levels of wellbeing in the communty.
BRISTOLAVON RIVERS TRUST TRUSTEES. REPORT IINCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 b. Alm8 and Actlvltlg8 to Support Objectlves The TNst aims to protert restore and enhance Ihe rivets. streams and riparian habltat. wlthln the Bristol Avon CatchmenL It aims to achieve this by Working at all levels from local projects lo ¢atchment wid8 initiativ8s and at a51 educational levels from primary schools to universty. and through national initiatives such as run by the Riverfy Partnership. providing al all times that our mutual objectives ar8 ¢omplim&ntary. Our principal aims are descrtbed by the following activity headings. Rlver & Land Managemenl We aim to protect and restore rivers that have suffered damage or whose habitats are under threal. Activities rangè from restoring spawning gravels and improving fish passage to working with th8 famiing communty to irnprov8 soil management praclices where these detiimentally affect our rivers and streams. Éducatlon We work with schools. universities and cornmunity groups to engage people wth thelr rtver and help thern leam about the challenge Iheir rivers lace in our modem world. ViÈ help groups play an acbve tote in looking after their local river through projects and citizen saence. We aim to influence local pol¢¢y and plans using our local knowledge and through our m8mbarship of tha Bristol Avon Catchm8nl Partnership and our relationships with other key agencles and uttlities. Partnernhlp WOTklng The nature of the Trusvs work 19 that partnernhip wothlng. and publlc engagemènt are essenti81 to daliv8ry. The Trust often works as a frdcilitator providing vision and finance for projects and bringing together the necessary skills from a range of other organisations. Partnerships are fomed for several reasons- wothing at catchment level with tha Bristol Avon Calchment Partnership. or within an individual project where skills do not exist wilhin the TrusL The Trust ha5 ¢ontinued to b& a memlxr of the Bristol Avon Catthment Partnership, a partnership set up to ordinate the &fforts of multiple partners in improving water quality for the benefit of people and wildlife. The Trust ontributes considerable in4(ind contrtbutions in tim• and through raising fvnds to support catchment partn8tship projecls. The Trust is also a Board Member of the West of England Natura Partnership where it provides a voice for water and is working to htegrate aquatlc ecosystems into natures recovery. Slgnlficant actlvltles Throughout tho year, the TNSI has seTrJred funding from various sources. ernpowering it to spearhead numerous initiatives and collaborative projects. These endpavours have encompassed a wide array of activities. yielding b8neffts for bolh the public and the environment.
BRISTOL AVON RIVERS TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 In Ilght of the Influx of additional fijnding OPPOrtunilies. the te8m has adeptly aclerated ils efforts to d8lN8r for its charitable obleclives. This proactive approach has enabled the Trust to rnake subslanlial strides towards aGhiawng our objectbves and has left a lasting impact on th• catchment Thi5 yaar the team has increased In size. lo 15 paid members of the team. wlth fvrther grovth anticipated for 2025126. Among the most noteworthy operational achlevements are: Durfng the wlntor of 2024125. the tsam carrfed out habltat regtoratlon and naturdl flood management across several 8ub4atchm•nts, induding the Bristol Frome. River Chew. Cam Brook. Ltttlo Avon, and Sherston Avon. Activiti85 induded wewand creation. leaky dams. wildlif9 ponds. and river habitat restoration. These efforts enhanrA8 t¢hrnent resilience to flooding. climate change, and biodiv6rsty105S, while also imprthing water quality and creating better'btue" spaces for public enjoyment. Chew. Cam & Wellow Farm Cluster - E8tabll¥hment and Progrnsg. Over the past year. the Tnt has sucLssfully established and continues to coordinate the Chew, Cam & Wellow Fa Cluster, Supporting landowners across th6 Chaw, Cam, Wellow, and S¢)mer catchments. Since its launch last yèar, the Chew Cam and Wellow Fam Cluster has bean st8adlFy grovjing. and we now have over 50 members, exJvarfng over 1000ha of land. Our wort( focuses on impromng water quallty, enhanclng blodfversity, and impl8menling natural Ilood management practices. Through oTrthe4round engagement, the TTUSt'g farm team has identsfied more than 300 opportunities for rfparfan enhancements throughout the catchments. are now preparing to support famers in applying for local Nalure Recovery Grants lo help bring these improvemonls lo fruition. In parall81, our Free Famier Training Grant has been positively Teceived. with fvnding allocaled for a range of practical courses including chainsaw operation. permaculture design. and regeneratlve soil managemenL Thèse opportunlties have provided farmers with valuable skilb that support both environmentsl outcomes and Ihe lontemi sustainability of their businesses.
BRISTOL AVON RIVERS TRUST TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Voluntoerlng at Brlstol Avon Rivers Trust Volunteering with BART offers individua15 the opportunity lo contribute lo river conseTvatian thrDugh a range of Citizen 5cienc8 programmes and practical. hands-on aclivilies. VolLtnteers play a vital role in initiatives such as riverfiy moniloriny. where they collect and report data on river health. and the River Deleclive5 programme, which f051ers community engagement and education around river stewardship. Through their efforts, BART'S volunteers help gather essential data, enhance river ecosystems. and strengthen local support for long-term conservation. Over the past 12 months, BART'S volunteering programmes have seen subslanlial growth, driven by new funding and a strong partnership with Wessex Water. This collaboration has enabled us to provide increased training and coordination, responding to a growing public awareness and interest in the condition of local rivers. The Trust has supported its expanding monitoring neorK through the Riverfiy Partnership, BART Beacon. Water Guardians. River Detectives. delivering numerous training sessions and maintaining over 200 active volunteer siles acros5 th9 8rislol Avon catchment. The 2024125 trainin9 sessions have resulted in new watercourses being monitored and the expansion of existing monitoring locations. BART also continues to deliver its SmartRivers invertebrate monitoring programme. which supports detailed ecological assessments ol the Chew, Cam. an(i Wellow Brooks. To ensure the effective sharing and visualisalion of the data collected by both volunteers and water industry partners, BART has developed a cenlralised data platform under the RiverHub project. RiverHub serves as an umbrella for several ot BART'S citizen science initiatives. The River Deleclives programme continues to grow. with new volunteers joining from South Gloucestershire and Bath. enhancing our understanding OF water quality in these are8s. Additional RiverRy training has been d8livered, and the number of Water Guardian5 has inereased accordingly. To support our growing volunteer neOrk, BART has hosted a series of engagement events and circulates a monthly volunteer newsletter. With these efforts. BART'S citizen science prograrnme is now operating at full capacity. Any future expansion will be ¢onsidered as part of a planned second phase of the pmject. anticipated to begin in November 2025, Image. BART Volunteers, visiting a nature-based solulion scheme delivered by BART
BRISTOL AVON RIVERS TRUST TRUSTEES. REPORT IINCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Achievements and Performance Tg protect and enhance the Avon catchment, BART continue5 to work collaboratively with a wide range of stakeholders. including famiers and landowners. community groups. environmental charities. the Environment Agency. local authorities. the water industry and businesses. Priorities for key Avon Iribularies have been identified in partnership with these 51akeholders ancs aligned with national policy. The Trust remains committed to delivering high-quality, effective projects that meet environmental objectives. represent good value for money, and bring broader benefi15 to both people and nature. Over the past year. one of the Tnjst's key achievements has been the continued expansion of ils citizen science and volunteering programmes. alongside the development of RiverHub new cenlralised data platfony). Through programmes like Riverfy, River Detectives. and Water Guardians. volunteers regularly monitor the health of local rivers and streams. Their dal8 has not only enhanced our understanding of river conditions, but in several eases. has led to further investigations and action by the Environment Agency and local authorities. The Trust ha5 also continued to play a central role in the Resilient FTome Partnership, conlribuling as a key delivery partner to the Natural Flood Management INFMI Project Steering Group and delivering NFM interventions on the ground. Funded through Defra's £200 million Flood and Coastal Innovation Programmes and managed by the Environment Agency. this work supports innovation in llood and coastal resilience and helps communities adapt lo the impad5 Qf climate Change. Govemance also remains a strong focus, with 8ART's Trustees acts.vely overseeing and reviewing risks, policies. controls and dalalevents to ensure robust organisalional management. Impact Brlstol Avon Rlvers Trust (BART) In 2024-25 16.8 1090 1137 138 533 122 15 33 2509 96 Charitable a¢tivities To ensu the vitality of our region's freshwater environments, our teams are dedicated to a range of a4$, including community and volunteer engagement, lanrj and river management. river monitoring. mapping, communicalions. fundraising, finan, HR, IT. and beyond. Our staff is deeply cornmitted to enhancing riveTine and estuarine ec05yStems, which ultimately support the health of rnarine environments. Below, we highlight some of the remarkable achievements from 2024125 that have strengthened the health of our rivers, streams, and watercourses. Continue reading to discover thg Positive impad our charity ha5 made through various pro5ects on the region's
BRISTOLAVON RIVERS TRUST TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 ImprovSng watercourses to support wildlife: Eèlstream Llnklng the Levels The South Gloucesler5hiie Levels, which run from Oldbury down lo New Passage are a delighlfvl mosaic of drainage ditche5 Irhine51, ridge and fvrrow pasture systems, hedgerows and mature trees, that Should provide ideal habitat for European Eel. Recent surveys, however. show only a very sparse distribution of these specie5. For European Eel, thi5 is a Sad issue of > 90.kn decrease in numbers from 1980. Image.. existing welland habilal adjacent lo the Sevem Estuary., photo of Esjropean elvers taken from one of BART'S educational activities 'Eels in the classroam" Entry of critically endangered European eel in the neIOrk of ¥hines and ditches is via a set of lid81 gates located at the mouth of the Estuary. Working with the Environment Agency, we have the barfiers have not been maintained since inslallalion 112 years ago) so we are pursuing with a view lo improve their fvnctson. which should lead to improved fish migration inland. The next obstacles to fish movement inland include a series of weirs and culverts leading into the rhine and dil¢h system. These have been mapped along ¥Mlh opportunities lo aid fish passage which have been identified by a team of BART surveyors covering over 33 km of the thine and ditch system. Opportunities lo create new natural flood management and wetland features have also been mapped. The project is now engaging with landowners to identify Whe siles for these projects can be bought forward. This is leading into a costed programme of investment. 18d by South Gloucestershire Council. lo take forward to improve habitat for the Important species of this system, along with some quick win projects for more immediate delivery.
BRISTOL AVON RIVERS TRUST TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED} FOR THE YEAR ENDED 31 MARCH 2025 Restorlng habitst along the Bristol Frome In February 2025, we successfully completed a serie5 of Natural Flood Management INFMI inlervenlion5 within the Bristol Frome Catchment, delivered through the 'Resilienl Frome, project. These wotks are designed lo restore more natural flow patterns in heavily modified urban Iribularies and implement nalure-based flood management solutions across North Bristol. The Bristol Frome catchment spans both rural and urban areas. including North Bristol, Winterbourne, Frampton Cotterell. and Yale. Much of the river currently holds 'Poor' or 'Moderate' ecological slalus under the Water Framework Directive and is highly responsive to rainfall. with flash flooding a common issue - particularfy in lower sections. Despite these pressures, the calchmenl includes valuable green spaces such as Leap Valley and Three Brooks Nature Reserve, which are Cared for by active loGal groups and serve as important community a5se15 for wildlife and recrealion. To address ecological and flood challenges, BART has implemented natural flood management features al these siles, including a series of in<hannel woody berms. These structures encourage meandering, create diverse flow conditions that benefit fish and invertebrates, and provide refvge for wildlife. Over time, the benS will trap Sill, support vegetation, and help slow the flow of waler downstream - delivering multiple environmental benefits in one solulion. Image.. After installation of bemi along the righl-hand bank.. ¢onstruGtion of a 'leaky dam. with support from volunteers. Thank you to the Three Brooks Nature Conservation Group. Friends of Leap Valley, South Gloucestershire Council and Badminton Road Methodist Church for working with us on this project.
BRISTOL AVON RIVERS TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Communlty Engagement". South Bristol Our Blue Spaces projeeL Rain planters, river trip5, pavement art and busling community events were all part of the South Bristol Our Blue Spaces project which finished in March 2025. School children and eommunilies enjoyed varied and fun ways to leam about and connect with the streams flowing through South Bristol, which provide valuable blue space in Ihis very urban area. Three schools took part with 720 children attending the sessions BART delivered. Children learnt about their local Tsvers and how they can help look after them in inleraclive assemblies. classroom workshops and river trips. Two of the schools had rain planters installed with the help of children from one school's 'Green Team. and the other'5 nurse rou Image: BART led school workshop As part of its commitment lo engaging local communities. BART delivered a variety of interactive and eduealion81 actiwlies across South Bristol. These included river-lhemed fun days. family LEGO workshops where children designed river-friendly homes. community stalls al local festivals. guided river dipping session5, and organised litter picks along watercourses. Alongside the fantastic outreach led by BARTS Community Engagement Team, the Trust also conducted SmartRiver5 ecological monitoring at five sites across South Bristol. Invertebrale samples were collected duTing autumn 2024 and spring 2025 on Colliters Brook, Pigeonhouse Stream, Malago Brook. and Brislington Brook. The data. currently being analysed, will offer important insights into the health and ecological condition of these urban watercourses and help guide future re51oralion and engagement work. Thank you to the John Lewis Spedan Foundation for funding the project. Image.. Students undertaking a river dip lo see what's living in their local river, and a rain planter installed by BART wo Ing wi asc 00 ou 10-
BRISTOL AVON RIVERS TRUST TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Bristol Frome Catchment- Communlty En9agement and Educatlon Programme BART has a long-standing relationship with the Environment Agency's Water Environment Improvement Fund. which has supported the delivery of river restoration, education, and community engagement across the Bristol Frome catchment. The most recent phase of this work has now concluded and proved lo be another great 5ucces5. This latest programme focused heavily on community engagement, education, and landowner outreach. Thirteen schools took part in a range of activities from workshops on sustainable water use lo carsng for and releasin9 endangered European eels and even attending an inleraclive engagement day al the University of Bristol. To amplify key messages, BART partnered with local art students to create eyo-calching pavement art reminding the public that "only rain down the drain." These visuals quickly gained traction on local social media ¢hannel5, raising awareness across the wider Bri5101 Avon catchmenL In addition to school outreach, BART took part in a number of comrnunity events. These included a presence al the Chipping Sodbury Eat Festival, a guided walk and talk with 30 members of the Gloucester Road Women's Institute. and a half-lemi nature activity session at Three Brooks Reserve. These events have helped deepen community connections and build broader support for river health and conservation efforts. Image= pupils identifying the invertebrates that live in their local Tiver. and artwork commissioned through the Only Rain Down the Drain progpamme. BART also spent time engaging local landowners, providing advisory visits and created three farn plans providing advice about managing land and water more sustainably. Thank you lo the EnvironmentAgen¢y for funding Ihis valuable work. 11
BRISTOL AVON RIVERS TRUST TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Ernpowering Communities to ExploTg and Protect Local Watfjrway8: Bristol Avon RiverBlitz 2024 Bristol Avon RiverBlitz is an annual citizen science initiative organised by the 8ristol Avon Rivers Trusl18ARTI that aptures a snapshot of water quality and ecological health in rivers and sIarnS across the catchment. Using affordable lest strips, participants of all ages and backgrounds are empowered to connect with their local watercourses and take an active role in safeguarding their natural environment. Key Hlghllghts of RiverBIIts: Inclusive Participation: RiverBlitz encourages community involvement by making il easy for everyone lo participate. regardless of age or background. This initiative fosters a sense ol connection to local rivers and streams and raises awareness about the importance of protecting these vital e¢osystems. Data Collection and Analysis: By collecting data during RiverBlitz events, BART has been able to pinpoint area5 with both good and poor water quality. This information helps to identify pollution sources and prioritize treas for further investigation and monitoring. Historical and Comparative Insights: BART'S dats platform. associated with RiverBlitz. enables comparisons across different years Idaling back to 20161 and locations. This feature provides a comprehensive view of water quality trends over time and across various parts of the catchment. Targeted Monitoring: Insights from RiverBlitz inform targeted, more detailed. and frequent monitoring through other citizen science programs. This slrate9ic approach enhances the effectiveness of BART'S efforts lo improve water quality in the catchment Through initiatives like River81itz, BART continues lo engage and empower communities. f05tering a collaborative effort lo monitor and enhan the health of local water ecosystems. Image- One of many families participating in the 2024 Bristol Avon RiveTBlitz 12-
BRISTOLAVON RIVERS TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 A Prdetlcal and Hone31 role Bristol Avon Rivers Trust was founded as an aclive organisation, and w8 ar8 not afraid to get our hands dirty and feet wel in order to make lasling impn)vements to the liver and its speciès. We have grown in size, knowledg8, and reputation over th8 past year to become a respected leading actor in environment conseThation in the Bristol Avon Catchment, but we have always remaSned faithful to our foundets. ethos. Bristol Avon Rivers Trust Continues to act as a tsusted intemiediary betsyeen govemment and business. and the general publi wli I continue to collaborate with all parties to achieve the best Possible outcomes for the onwmnmenL wildllfe and communities., We will hold ourselves to the highest standards of b95t practiS8, scl&ntlfic understsndlng, excellence and professionalism.. and We will continue to build trust from our partners, stskèholders, customers aThl supporteis. Thesa pillars wlll support standards of excellence and integrity that the Trust has buil( enabling us to make a real differen forwhich we striva. Flnanclal revlew BART rnonitors financial perfoanCe through key indicalors including a rolling cash flow forecast. movement in restricied and unrestricted funds. and working capital. These metrics are reviewed regulady a$ part of the Trusys financial reporting processes. Growing ¢onfidence from funders, driven by the TnJsVs strong d81ivery record, has c4ntributed to increased reserves and a robust plpeline of future projects. The CEO has worked closely wilh Trustees through quarterty financial reviews to ensure a strong focus on delivery is maintained across all operations. Income diversifirAtion through BART River SeNices Ltd has also strengthened the Trust's finanoal resilience. Straleglo Planning is closely aligned with budgeting. led by the CEO, Head of Operallons, and Finance Manager. Financial control 15 SUPPOrted by the us8 of Xero, provldlng a robust framework for financial management. However, high inflation over the past year has placed pressure on ¢apltal budgets. In response. contradual commitments are regularly rjeW•d, and infiationary costs are factored into multi-year project planning. Despite wider economic uncertainty. the Trust has a healthy volume of Contracted work for the comlng year and expects further projects to be confimied VthIn Ihe first three quarters. Trustees remain optimisti¢ about the organisation's financyal trajectory. BART remain5 cornmitted trj using its reserves to advan its charitable objectives, with a strong focus on sustaining and developing its workforc8. The Trusvs reserves policy ensures that funds are malntained at an 4pproprrats18v&I to meet fijture needs, based on PTudeni financial planning. Th8 attached ftnancial statements includg provisions for defoned income Wre projed-relaled invoicas have not yet been received. Reseryes policy It Is the policy of the charity that unrestricted funds which have not been dgsignated for a speclftc use should be malntainod at a level equivalent to btrtween twelve and eyhte8n month's expenditure. The Trustees conslder that res8rv85 at this level will ensure that, in Ihe event of a significant drop in frjnding. they will be able to continue the tharity's ¢urrenl activities while Consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year. 13-
BRISTOL AVON RIVERS TRUST TRUSTEES. REPORT IINCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Plans for future perlods Thg Trust is committed lo continuing its efforts to achieve Its goals In a professional and safe manner. The future looks promising, with a wide range of projects planned for the upcoming fiscal year. These indude creating Natural Flood Management scheme near Malmesbury, eDNA fish monitoring, multiple reach-scale river habilat resloration programs across the calchmenl, several weir removals l easem6nts. cilizen science trainlng events. scaling up our working with fam)s. and invasive species control. Th8 Trust 11 remain an active m&mb8r of the Biistol Avon Catchm8nt Partnershlp and West of England Nature Partnership, contributing to strategic plans for improving the Bristol Avon at the calchmenl18vel and participating in partnership projects as they arise. Additionally. the Trust will continue to identify opportunities to provido education and advice on the river environment to schools and local communlty groups across tho cat¢hmenL Th? Trust will maintain its leadership In improving the River Chew and wlll extend slmllar afforts to the Cam & Wellow Brooks, Bristol Frome, and UpperAvon. and other rivets within the catchment as opportunities arise. Structurn. goveman¢e and managemont Constliutlon The Trugt is registerèd as a charitsble company limited by guaranlee, govemgd by it5 Memorandum and Articles of Associalion dated 12 March 2012. The Truslees of the charity are afso the directors of the company for th8 purposes of the Companies Act 2006. TN6tse8 The Tru3tee5 a responsible for the overall direction and charllable activiliès ol tha Trust and for ensuring the Trust complies with the Charity Commission guidance on public benefft. Selectlon and appolntment ot Trusts08 The introducuon and re¢ruilment of Trustees is by recommendation of existing Trustees and is made by personal contacts wth other organisations or Individuals with related environmental or river trust interésts and appropriate skllls. The Trust aims to maintsin a broadty rèspected body of Trusteés with sufficlent experienoe to provide strong governan and add value lo the TNsts decision making. Pollclas forthfr Indu¢tlon and tralnlng of Trnsteg9 New trustegs receive an induction pack outllning their rolas and respon$folllkn'es. Ongoin9 tralnlng needs are moniiored by thè Chair and CEO. The Board ofTrustees also operatos under a Code of ConducL Pay polley for Bonlor staff The Chalr of Tnjstees benchmarks staff salari8s and revlews them as needed. maklng adjustments where ne¢ess8ry. Organltyatlonal strucrn A fomal delegation of powerts has been developed and adopted to gumle decislon maklng. The Chièf Executi Offi¥ is in frequent contact with the Chair of tho Truslees. The Chair of the Trustees attends monthly meetings with the Chlef Executive Officer and key project managers and staff to ensure satisfactory progr85s is being made and subsequenlly reports monthly to the Board using key agreed rnetrlcs and lopi¢s. 14-
BRISTOLAVON RIVERS TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 R18k Managgmont The Trustees have established systems to mitigate risk appropriate to the stie of the charity with a focus on Finance and Health & Safety. Processes and procedures are reviewed annually by the Trustees and annual refreshmenl of Health & safèty procedures takes place for als staff, Trustees and key voluntegTS. During th8 last year thè Trustees have authoris8d axpendiiure to improve the Trusfs Data Protection capabilities and ontralised control of all documentation to avoid potential loss ofTrust data and records. Stal•ment of tru8tses' re8ponslblllllo8 The Trusl8e5. who are also the directoTr of Bristol Avon Rivers Trnst for tha purpose of company law, are r8sponsibl8 for prèparing the Tru51ees' Report and the financlal statements In accordance with appficable law and United Kingdom Accounting Standards (United lQngdom Generally A¢ceptsd Aunting Practice). The tTUSteas' report VRS approved by the Board of Trustees. Dr J B Greaves Chalrmafi 27 October 2025 15-
BRISTOL AVON RIVERS TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BRISTOL AVON RIVERS TRUST l Yeport to the Trustees on my examination of the financial statements of Bristol Avon Rivers Trust (the charity) for the y8ar ended 31 March 2025. Re8pon8lbllltles and bas18 of report As the Trusleas of the charity (and also its directorg for the puOseS of company law). you are responslbla for tha preparation of the financial statsmgnig in accordance wllh the raqulremonts ofthe CompaniesAct 2006. Having satisllad myself that the finanaal statements of the charity are not required lo be audSled urKler Part 16 of the Companies Act 2006 and are eligible for independent examlnation, I report in respect of my examination of the charity s finanrAal statements carried out under section 145 ofthe Charitias Act 2011. In carrying out my examination I have followed the Directions given by the Chaiity Commission under seLlion 145{5llb> of the CharitiesAct 2011. Ind¢p¢ndent examlnorfs statement Since the charity's gross income exceeded £250,000 your examiner must a mernber of a body listed in section 145 of the 2011 ACL l nfirn that l am qualified to undertake the 8xamination because 18m a member of thè Institute of Chartered Acuuntants in England and Wal&s, which Is one of the listed bodies. I have completed my examination. I confim) that no matters have come to my attentlon In connection wlth the gxamination giving me cause to bellove that in any material respgCt-. accounting records were not kept in respect of the charity as required by Section 386 of the Companie5 Act 2006. the financial statements do not a¢xord with those records: or the financial statements do not comply with the a¢counting requifemonts of seclion 396 of the Companles Act 2006 other than any requirement that the financial statements glve a true and fair view. which 15 not a matter considered as part of an independent examination.. or the financial glatements have not been PF¢pared in accordance with the methods and princTpl•s of tha stalement of Recommended Practice for accounling and reporting by charibes applicable to charibes preparing their financial statements in accordanc& with the Flnancial Reporting Standard appcable in the UK and Republic of Ir8land (FRS 102)- I have no concems and have comè aeross no other matters In connection wlth the examinatlon to which attenlon should be drawn in this report in order to enable a proper underslanding of the financial statements to be ached. Colm McGrory FCA Omerod Rutter Limited The Oakley Kiddeminsler Road Droilwich Worcestershire WR9 9AY Dated: ..l.o..].! i.19.5
BRISTOL AVON RIVERS TRUST STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unre8tr1cted Re8trlclgd funds funds 2025 2025 Total Unr08tr1cted Re$trlct•d fund8 funds 2024 2024 Total 2026 2024 Nolo8 Income from: Donations and18gacies Charitable activitses Other trading activities Imiestsnents 42,567 249,907 30.402 8,814 500 576,113 43.067 826.020 30.402 8.814 92,608 126.055 51,278 3,686 92.608 487,343 51,278 3.686 361,288 Total Income 331,690 576.613 908.303 273.627 361,288 634,915 EXpendIre on: Charitsble activities 266.990 583,507 850.497 1.786 375.517 572,303 Tolal expendlturn 2ee,990 583,507 850.497 196.786 375.517 572,303 Net Incomo1(expendlture) 64,700 (6,894) 57,806 76.841 114.229) 82.612 Transfers between funds 2,241 (2,241) 44.881 144.881) Net movemont In fund8 66,941 (9.135) 57,806 121.722 (59.110) e2.612 Reconclllatlon of funds: Fund balances at 1 Apnl 2024 328,126 10.524 338,650 206.404 69.634 276,038 Fund balances at 31 Mar¢h 2025 395.067 1.389 396.456 328.126 10,524 338.650 The statement of financial activities in¢lude$ all gal and losses rocognised in the year. All income and expendlture derive from continuing activities. 17-
BRISTOL AVON RIVERS TRUST BALANCE SHEET AS AT31 MARCH 2025 2025 2024 Notes Flxèd assets Tangible assets Investments 13 14 5.319 2,860 5.320 2,861 Current a88ats DebtoryJ Cash at bank and In hand 15 170,S87 735,131 122,316 605.356 905,718 727,672 Credltor8: amounts falllng due wlthln ono yoar 17 (513,302) 1381,883) Net eurrnnt ai86ts 392.416 345,789 Total as1989 current Ilabllltlos 397,736 348,650 Credltors: amounts falllng dug ar mora than one year 18 11.2801 {10,000) Not a88ets 396,456 338,650 The funds of tho charlty Re$tri¢ted income funds Unrestrictsd funds 1.389 395.067 10.524 328,126 21 396.456 338.650 The company 15 entitled to the exemption from the audlt requlremant contalned In sectlon 477 of the Companies Aet 2006. for lh8 year ended 31 March 2025. The diréctors acknowl8dge their respornibllilies for complying wth the requlrements of the Companies Act 2006 respect to accounting records and the preparation offinanclal stalements. The mefflbe have not requited the company to obtaln an audil of its financial slatements for the year in question in ac¢ordance with sedion 476. These finanaal statements have bean prapared in aOrdance with the provisions applicablg to compantes subject to the small companies regime. Tho financial statements were approved by the TnBlees on 27 Octobar 2025 Dr J B Greaves Chalrnian Mr K Adam$ Tre•$urer Cornpany registration number 07986475 {England and Vvales) 18-
BRISTOLAVON RIVERS TRUST STATENIENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2026 2024 Notss Cash flows from op•rntlng actlvltlgs Cash generated from oporations 27 133,481 195.913 Invostlng acllvltle8 Purthase oftangible fixed assets PurGhase of investrnents Investrnent income received {4,160) 1930) (1) 3.686 8,814 Not cash genfrratsd from Investlng a¢tlvlti 4,654 2,755 Flnanclng actlvltle8 Repayment of bank loans (8.360) {8.000} Net cash u8ed In flnan¢lng a¢tlvltle8 (8,360) (8.000) Not Ineroa89 In cash ond ¢ash •qulvalgnts 129,775 190,668 Cash and cash equlvalents at beginning of year 605.356 414.688 Cagh and cash equlvalents at and ol yèar 735,131 605,356 19-
BRISTOLAVON RIVERS TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 A¢¢ountlng pollcles Charfty Inforniatlon Bristol Avon Rivers Trust is a private company limited by guarante8 incorporated In England 8rKI Wales. The registsred office is The Oakley. lQddenninstsr Road, Dfoiiwi¢h, Woreeslershire, WR9 9AY. 1.1 A¢¢ountlng ¢onventlon The financlal slalements have been prepared in accordance with thè charity's govemlng document, the Companies Act 2006, FRS 102 'The Financial RepoTting Standard appllrAble in the UK and Rèpublic of I18nd, and the Charities SORP "Accounting and Reporting by Charities: Ststement of Recommended practi applicable to charities preparing their accounts in attordan¢x with the Financial Reporbng Standard applicable in the UK and Republic of IRland (FRS 102)" The charity is a Public Benefft Entity as defined by FRS 102. The financial stslements are prepared in sterling. which is the functional cUrnCY of the charity. Monetary amounts in thèse financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention, [modified io indude the reveluation of freehold properties and to include investment properties and certain finandal instruments at fair value]- The wlnclpal accounllng polldes adopted are sgt out below. 1.2 Golng eoncarn At thè time of approving the finanaal ststements. the Trustees have a reasonable expectation that the (*tarity has adequate resources to continue in operational existence for the foreseeabl& future. Thus the Trustees continue to adopt the going cone4m basis of accounting in preparing Ihe financial statements. 1.3 Charitablo funds Unrestricted funds are avallable for us& at th8 disryetion of the Trustees In fvrtheranc£ of their charitable okiectives. Restricted funds are subject lo speGific conditions by donors or grantors as to how they may ba used. The purposes and uses of the reslri¢ted funds are set out in the notes to the financAal statement& Endowment funds ar? subject to specific condittons by donor5 that the capital must bo malnlained by the charJty. 1A lftcomo Income Is recognis8d when the charity is legally enlttled to it after any perfornance conditsons have bean met, the amounts can be measured reliably, and it is probable that income will be reived. Cash donalions are recognised on retsipt. Other donations are recognised once the charity has beèn notified of the donation, unless perfOanCe ¢ondity'on5 require deferral of thg amount. Income tax recoverable in r¢lation to donations received under Glft or deeds of covenant 15 recognlsed at the time oftha donallon. Legac1 are repgnIsed on receipt or othonwise If the charity has been notlfted of an impending d5s1rfbu0n. the amount Is known, and recelpt Is expected. If the amount Is not known. the legacy is treated as a contingent asset -20-
BRISTOL AVON RIVERS TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Aecountlng poll¢los (Contlnuad) 1.6 ExpOndIre Expenditure is reco9nised once there Is a legal or construdive obligatlon to transfor economic benefit to thlrd party. il is probable that a transfer of economlc benefits will be r8qulred In setllement, and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activlty. Direct costs attributable to a single activity are allocated directly to that actiwty. Shared ¢osts which conlribute to more than one aclNty and support costs whlch are not attributsble to a single actimty arg apporboned behveen those actNities on a basls conslstent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreclation chargas are allocated on the portion of the asset's use. 1.6 Tanglble Ilxed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of deprepiation and any impainnent losses. Ogprgciation is recognised so as lo write off the cosl or valuation of assets loss their residual values over their usefvl lives r)n the following bases: Plant and equipment 25% slraight line The gain or loss arising on the disposal of an assèl is detemiined as the difference betsveen the 8ale proceeds and the carrylng value of the asset, and Is recognised in the statement of financial activities. 1.7 Flxed asset Invastments Fixed asset investments are inttially measured at transaction priehg exduding transaction costs, and are subsequenty maasured at fair value at each reporting dats. Changes in fair value are recA)gnised ir* net InMe1(8xpenditure) for the year. Transaction Gosts are eypensed as incurred. A subsidiary 1$ 8n enlity controlled by the charity. Control Is the power to govem the financial and operating policies ofthe entity so as to obtain benefits from its activities. 1.8 Impalrment af Ilxed a888ts At each reporting end date. the charity reviews thè carrying amounts of its langible assets to delemiine whether there 15 any indication that those assets have suffered an impaiThent loss. If any such indication exists. the recoverable amount of tho assot is ostlmated in order to determine tho exlent of the impaimjent loss {rf any). 1.9 Cash and cash equfvalents Cash and cash equivalents include cash in hand. depostts held at call ¥th banks. other short-lemi liquid inve5tmants with Original maturibes of three months or less. and bank overdrafts. Bank overdrats are shown within borrowings in current liabilities. 1.10 Flnanclal In8truments The charity has elected to appty the wovislons of Sedon 11 'Baslc Financlal Instruments, and Sectlon 12 'Olher Financial Instnjments Issues. of FRS 102 to all of its financial instruments. Financial instruments are nised in the charity's balance sheet when Ihe charity becomes party to the contractual provisions of the inslwmenL Financial assets and liabilities are offset wlth the nèt amounls presented in the finan¢i81 statements. when there is a legally enforceable right to set off the re¢ognised amounts and there is an intsntion to selue on a net basis or to realise the asset and setde the liability simultaneously. -21
BRISTOL AVON RIVERS TRUST NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng poll¢les (Contlnued) Baslc ffnanclal assets Basic finanual assets, which include debtors and cash and bank balances. are initially measured at transaction price Including transaction costs and are subsequently carrled at amortis8d cost using the effectiv8 interest method unlass the arrangement constitutes a financing transactton. whère the transaction Is measured at the present value of the future receipts discounted at a market rate of int8rasL Financial assets classified as receivable within one year a not amoitised. Baslc flnanclal Ilablllde$ Basic financlal liabilities, includlng creditor8 and bank loans are Inltlally recognlsed at Iransactton price unle53 the arrangement constitutes a finanang transaction. where the dabl instrument is rneasured at Ihe present value of the fvture payments discounted at a market rate of interest. Financial liabilibes dassified as payable within ong year are not amortised. Debt Instruments ara subsequonty carried at aM098d cost, using tha effective intarest rate method. Trade creditors are obligations to pay for goods or ser¥lces that have been acquired in th& offlinary course of operations from suppfiers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not. they are prèsenled as nonrycurrent liabilities. Trade creditots are recognised inittally at transaction price and subsequenuy measured at amortised cost using the effective interest method. Dorecognluon of flnan¢lal Ilabllllles Financial liabilittes are derecognised when tho Charity's contractual obligations expire or are discharged or cancelled. 1.11 Taxatlon The Charlty 1$ exempt from corporatlon tax on its charitable activities. 1.12 Employee benoflts The c05t of any unused holiday enbtlement 1$ re¢ognised in the period in which the employae's services are receNed. Termination bgngfits are recognised immediately as an expgnse when the charrty is demonstrabty rnItted to tenninate the employment of an empl¢)yee or to provlde temilnallon ben&fit& 1.13 Retlrnmfrnt benoflts Paymenls to defined conlribulion retirement benofil s¢hemes are charged a$ an expense as they fall du8. Crltl¢al a¢¢ounllng esllmats8 and Judgements In the application of the charity's accounting policiès. the Trustees are required to make judgements. estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated a5sumpkn.ons are based on historical exp6rienrA and other faciors that are considered to b8 relevant. Actual results may differ from these estimatss. The estlmates and underlying assumptions are r&ewed on an ongoing basls. Revi$lt)n$ to a¢¢ounting estlmates are recognised in the pariod in whl¢h the estimate ts revised where the revision affects only that period. or in the period of the revision and fvture periods where the revision affects both current and fulure periods. -22-
BRISTOL AVON RIVERS TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from donallon8 and18ga¢les Unre8trleted Re8tr1cted fund$ funds 2025 2025 Tolal Unre8tr1¢1od Rogtrlcted funds funds 2024 2024 Total 2025 2024 Donations and gi 42.567 500 43.067 92.608 92.608 Incom• Irom charltablo acthiltles Unregtrlcted Reslrf¢ted fvnds funds 2025 2025 Total Unrestrl¢t&d RtrICtsd funds fund8 2024 2024 Total 2025 2024 Charltsble actlvlllos Charilablg income Oth8r income 84,907 165.000 576,113 661,020 165.000 126,Q55 381.288 487,343 249.907 576.113 826,020 126,055 361.288 487.343 Grants analayls Charftable a¢tlvltle$ 2025 Charftsbl¢ actfvitles 2024 Soulh GloucesteFshire Council Wessex Waler Services Ltd Natural England Halpin Trust EnvironmentAgency Babcock Intemational Wiltshlre Wldllfe Trust Bristol INater Gaffield 1Oleston foundalion Mossy Earth Wesl of England Combined Authority Other 116,110 130,843 96.607 39.389 101,418 75,480 70,973 14,419 13,975 128,936 11.250 20.159 21.726 39,620 13,813 11.310 20,289 27.247 80,247 37,5S9 76,992 661.020 487,343 .23-
BRISTOL AVON RIVERS TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Ineomè from other trading a¢tlvltles Unre$trl¢ted Unr•strfcted funds funth 2025 2024 Non-chaiitable trading activities Fundraising events 24.553 5.849 51,278 Other trading activibes 30,402 51.278 Income from Invèstments Llnrestrlcted Unrestrlctsd funds funds 2025 2024 Interest receivable 8,814 3,686 Expandltura on charltable acOvltl88 Unrnstrl¢lod Reslrfcted Fundg Funds 2026 2026 Total 2025 Tolal 2024 Dlrecl costs Staff costs Depreciation and impairment Travel and subsislence Equipment Extemal SeNces Other 421,708 1,701 23,465 58,109 149,504 15,820 421.708 1,701 23.465 58,109 149.504 41.495 318,605 1,517 13.473 34.852 82.825 4.843 25,675 670,307 25,675 895.982 456.115 Sharn of 8UPPOrt and govomonco ¢0$ts (8e• nots B) Support Govemance 140,484 14,031 140,484 14.031 102.635 13,553 824.822 25.675 850.497 572,303 Anatysls by fund Unrestftcted funds Restricted funds 241.315 583,507 25,675 286,990 583.507 196.796 375,517 824.822 25,675 850.497 572.303 -24-
BRISTOL AVON RIVERS TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Support eosts allocaled to acllvltles 2025 2024 Staff costs Travel & $ubsisienc8 Recrulthient Building costs Office running costs Other costs Staff training Governan costs 95,624 275 3.094 4,471 31,465 70,569 300 1,938 2,547 14,617 6,625 6,039 13,553 5,555 14,031 154,S15 116,188 Analy8ed botween: Charftable activlties 154.515 116,188 2025 2024 Governance costs compr180: Accountanw fees Professional fees Independent examinatson Legal Costs 8.463 3.128 2,250 190 10,360 1,043 2,150 14,031 13.553 Not movement In funds 2026 2024 The net movement in funds is staled after chargingllcrediting): Fees payabl8 forthe Indep8rKlent examlnatlon of the charlty's financial statements Deprgciation of owned tangible fixed assets 2.250 1.701 2.150 1.517 10 Trugtses None of the Trustees (or any petsoFV3 connecled with them) received any remuneration or benefits from the charity during the year12024'. Nil). There were no Iransactions with trustees during the year (2024.. Nill. 11 Employ8¢8 The average monthly number of employe85 during the year was.. 2026 Numbor 2024 Number Employees 14 11 -25-
BRISTOL AVON RIVERS TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 11 Employ005 (Contlnued) Employmont ¢osts 2025 2024 Wages and salaries Socol security Costs Other pension Costs 442,816 42.702 31.814 334,778 27.545 26.851 517,332 389.174 The number ofemployees whose annual remuneration was more than £60,000 is as follows- 2025 Number 2024 Number £70,001 to £80.000 Remunèrdtlon of key managoment pernofinel The remuneration of key management personnel was as follows.. 2026 2024 Totsl remuneration 139.044 114.323 12 TatIon The charfty 1$ exempt from taxallon on its activities becausa all its incoma is applled for charftable purposes. -26-
BRISTOL AVON RIVERS TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 13 Tanglble Ilxod as80ts Plant and •qulpment Cost At 1 April 2024 Additions 6,817 4.160 At 31 March 2025 10.977 Dopreclatlon and Impalrnienl At 1 April 2024 DepreciatKin charged in the year 3.957 1.701 At 31 March 2025 5.658 Carrylng afflount At 31 March 2025 5,319 At 31 March 2024 2,860 14 Flxed as8&t Invostmènts Other Inve8knents Cost or valuallon At 1 Aprll 2024 & 31 Mareh 2025 Carrylng amount At 31 March 2025 At 31 March 2024 15 Debtor8 2025 2024 Amounts falllng due wlthln one yoar: Trade debto Prepaymonts and accrued incorne 85,824 84,763 109.224 13,092 170.587 122.316 -27-
BRISTOL AVON RIVERS TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 16 Loans and overdrafts 2025 2024 Bank loan5 9.640 18.000 Payabié within one year Payable after ona year 8.360 1.280 8,000 10,000 17 Credltors: amounts falllng duo wlthln on• yoar 2025 2024 Notes Bank loans other taxation and social securty Trade creditors Accruals and deferred incom& 8,380 12.085 16,395 476,462 8,000 9.868 43,836 320.179 513,302 381,883 18 Credltorn: amounts falllng dug after moro than on• year 2025 2024 Noteg Bank loans 16 1,280 10.000 19 Retlrement b8n&fit 8chemo8 2025 2024 D&flnod conlrfbutlon schom Charge to profit or105s in reSet of defined contribution schemes 31.814 26,851 The charity operates a defined contribution penslon scheme for all qualifylng employees. The assets of the s¢heme are held separately from those of the charity in an independenlly adminlstered fund. -28-
BRISTOLAVON RIVERS TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 20 Re8trlctsd funds The restricted funds of the charity comprtse the unexnded balancas of dOnaOnS and grants held on trust subject to specific conditions by donors as to how Ihey may be used. At 1 Aprll 2024 Incomlng Resources rnsources expended Trdll6fern At 31 Mar¢h 2026 South Gouc Council: Bristol Froma NFM 157 3.891 {4.048) Vlater Guardians 1.072 4,026 (5,098) River Chew spawning trib river restoration 1,901 38,800 (40,701) South Glouo Council,. Liltle Avon B8rkeley Estate River Resloralion 1,305 1.305 South Bristol Communities Reconnected 129 2,310 (2.439) Eastem Gray Restoration Ph.1 122 589 (711) Gauze Brook Rlver Restoration 283 3,032 (3.315) 3ACP:Oui Blue Spaces 619 2.980 (3.599) Th8 Rlvers Trusl'.ELM T&T 752 3.300 (4.052) Malmesbury NFM Engagement Rtver Marden Spays Fam 577 2,100 (2,877) Slston Brook'BIu8 Opportunitie5' 2.002 (2.002) SVR Wellow watercourse opportunties report 43 555 (598) Cam Brook. Little Blew WEIF 62 {7221 Fish Passage in th8 Trym 92 (92) Chew Walervoles 422 6,180 (6.802) Various Funders: Tree Mainlenan 2,200 (2,200) Brlstol & Chow Wdtsr Resource5 Project 2,733 (1,222) (1,427) -29-
BRISTOL AVON RIVERS TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 20 Restrlctsd funds {Contlnued) Ameiican Mink Monitoring 575 13,909 {14.4841 S. Gloa Highways Vvaler 18.473 {15.648} (825) Species Recovery - Cam & Wellow 96.607 {96,6021 16) Rivgrs for W8llb8in9 411 5.985 16.413) 16 Limèstone Llnk project 29.867 {29.867) Kenysham Wer WIEF 2024 34.101 (34.101) Keynsham Wer BANES CIL 10.490 (10,490) Bristol Frome VEIF 2024 22.218 {22,218) Mafden Blue Coffidor 1.434 (1,434) Chew & Cam Fam Clusters 80.247 {80,247) EelStream- Linking the Levels 43,641 (43.641) Calne IAIP Landowner Engagement 559 1559) Malmesbury NFM 24-25 27,031 (27,031) Hlghway RUr0ff- Smart River 18,222 (18.222) Watsrspace Connected: Somerdale 9.913 19.913) Littl&Avon FIP 4.120 14,1201 Bristol Frome NFM 2024 30.817 130.817) Charlton Fam 'BIu8' Option8erin9 Study 4.212 (4,212) EA Fann Management Animation 3.000 (3,000) Somer Valley Rediscovered Feasibility & Design 18,600 (18.6W) BACP fund 24125 8.690 (8,6901 115hire Rural Run-off 11.311 {11,3111
BRISTOL AVON RIVERS TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 20 ReBtrlcted funds (Contlnuod) Ider K*Vatepways 24125 2,018 (2,018) Rlver Detectsveg- Flood Watch Wellow Valley 8.360 18,360) 10.524 576.613 {583,507) (2.241) 1,389 21 Unr•8trtcted funds The unrestricted funds ofthe charity Comprise the un8xpended balances of donations and grants which ara not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been sgt aside out of unrestricted fvnds by the trustees for sp8¢ific purposes. At 1 Aprfl 2024 In¢omlng R080ur¢o8 re80ur¢08 exnded TranBfor8 At 31 Mar¢h 2025 G9neral funds 328.126 331,890 (266,990) 2,241 395.067 22 Anaty816 ol net assets botvmen funds Unr88trlclod funds 2025 Restrlcled fund8 2025 Total 2025 At 31 Mar¢h 2026: Tangible assets Investsments Current assetsl(liabilities) Long te liabilities 5,319 5.319 391,027 11.2801 1,389 392,418 {1.280) 395,087 1,389 396.456 Unre8trlctsd fund8 2024 ReBtrl¢led funds 2024 Totsl 2024 At 31 March 2024: Tangible assets Investmgnls Current 8ssetsl(li8bilities} Long tenn liabilities 2.860 2.860 335.265 (10.IYJO) 10,524 345,789 (10,000) 328.126 10,524 338,6SO -31
BRISTOL AVON RIVERS TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 23 Relatsd party transactlons There were no disclosable related party transactions during the year (2024- none). 24 Subuldiarf88 These financial statements are separate charity financial statements lor Bristol Avon Rivers Trust. Detsils oftho charivs subsldiaries at 31 March 2025 are as follows". Name of undertaklng Reglstsred offl¢• Nature of buslnes8 Class of % Hold sham8 held Dlrecl Indlroct BART River SeThiwJ Ltd The Oakley, Kiddeminster Road. Droitsvich, Worcestershire WR9 9AY Environmentsl ¢on9ulling Or(Ilnary share 11JO.00 The aggregate capitsl and reserves and the result for tho year of subsidiaries excluded from consolidation was as follows: Name of undertaklng ProflV(Lo89) Copltal and Regorves BART River Services Ltd (709) 1,067 25 Llmltsd ¢ompany The Charity Is a limited company but has taken advantage of the exemption available to dispense with the word'fimiled. after ils name. 26 8harg capltsl Th8 charity is a charttsble company limited by guarantee. and a5 such do&s not have share capital. 27 Cash genornted from op&ratlon8 2025 2024 Surplus for the year 57,806 62,612 Adjujtments for: Investment income recognised in Statement of financial actsvities DepreGiation and impaimènt of tangible fixed assots (8,814) 1,701 (3.6861 1,517 Movem8n18 In worklng ¢apltal: (Increase) in debtor5 Increase in credito 148,271) 131.059 {28,302) 163.772 Cash gon¢raled from operatlonj 133,481 195,913
BRISTOL AVON RIVERS TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 28 Analysls of change8 In not fund¥ At 1 Aprtl 2024 Cash 31 March 2025 Cash at bank and in hand 805,356 129.775 735.131 Loans falling due within one year Loans falling due after more than one year (8,000) 110,000) (360) 8.720 (8.360) (1.280) 587.356 138.135 725.491 -33-