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2025-12-31-accounts

Company registration number 06743463 (England and Wales) Charity registration number 1159510 (England and Wales)

WOODBRIDGE RIVERSIDE TRUST

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

WOODBRIDGE RIVERSIDE TRUST

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Mrs N Clay
Mr R Lyon
Mrs P Clark
Ms T S Bale
Mrs A Day (Appointed 7 August 2025)
Treasurer Mr R Lyon
Charity number (England and Wales) 1159510
Company number 06743463
Registered office Third Floor
Connexions
159 Princes Street
Ipswich
IP1 1QJ
Independent examiner Helen Rumsey FCA, Dch A
Ensors
Connexions
159 Princes Street
Ipswich
IP1 1QJ
Bankers Barclays Bank
4 Church Street
Woodbridge
IP12 1DJ

WOODBRIDGE RIVERSIDE TRUST

CONTENTS

Page
Trustees' report 1 - 4
Independent examiner's report 5
Statement of financial activities 6
Balance sheet 7
Notes to the financial statements 8 - 18

WOODBRIDGE RIVERSIDE TRUST

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 DECEMBER 2025

The trustees present their annual report and financial statements for the year ended 31 December 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, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)".

The company is a registered charity and limited by guarantee, governed by its Memorandum and Articles of Association. In accordance with the constitution of the company every member undertakes to contribute such amount (not exceeding £10) to the company's assets should it be wound up.

Objectives and activities

To protect, preserve and enhance the character of the natural and built environment of the Deben riverside for the benefit of the public.

To advance the education of the public in the maritime heritage of Woodbridge.

To manage and develop The Longshed as an inclusive and diverse community resource, providing opportunities for skills and knowledge building in relation to riverine and maritime heritage, and other community interest.

Public benefit

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the trust should undertake.

The Trust continues to deliver activities that bring the community together in a space for learning and celebration of the maritime heritage of Woodbridge and the River Deben.

WOODBRIDGE RIVERSIDE TRUST

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

Achievements and performance

Visitor numbers continue to grow with increased public awareness of events within the Longshed and also in the surrounding area, particularly in Whisstock’s Place. This is being helped through the creation of groups such as the Woodbridge Historic Riverside Group with the objective of promoting the various activities linked to Woodbridge and the River Deben.

A number of very successful events were held in the Longshed during 2025 with a strong educational and informative theme, including talks, exhibitions and workshops. As well as promoting the presence of the Longshed in the community, these have also helped increase the public footfall which benefits the Trust’s gift shop in the Longshed selling a range of merchandise with a strong link to the heritage of the River Deben.

The replica Sutton Hoo Burial Ship being constructed by the Sutton Hoo Ship’s Company continues to take shape and with the planking of the ship is beginning to show the enormous dimensions of this iconic project. The Trust are proud that The Longshed is hosting this project and are keenly anticipating the launch of the vessel which is currently estimated as being in Spring 2027.

The very successful “Follow the Ship” educational programme was continued in 2025 with more local primary schools joining the project. This programme is focused on Anglo-Saxon life and boats where the primary school children learn by carrying out activities. We have now had 1,500 local children attending the programme since it’s conception five years ago. The scope of the programme is continually evolving to ensure a continued appeal for the many returning pupils.

An exciting art project was held during the year in conjunction with a local youth organisation, Just 42. Six local primary schools and one secondary school along with Just 42 painted a series of boards which were exhibited in the Longshed and are now on permanent display in the Longshed.

A new project was created in 2025 for Year 6 children, which was to build model boats out of recyclable materials which they had collected themselves. The aim of this project was to give the children the basics on how boats float and move, how to use (under supervision) a range of unfamiliar tools and then to design and construct their model with the object of getting a bag of flour safely across the local boating pond when we held a regatta for their boats. The programme also had a strong environmental theme in learning about truly recyclable materials. This project involved partnership working with a local primary school, the Woodbridge Model Boat Club, Woodbridge Boatyard and the Vintage Litter Museum, an approach that fits well with WRT’s ethos of bringing our riverside community together.

The Kings River tapestries on display in the Gallery at the Longshed continue to attract a lot of interest from near and far. The Trust has produced a booklet giving background and information on the Tapestries which is fast becoming a best seller from the WRT shop on the ground floor of the Longshed. A new textile art project - an 18’ long representation of the River Deben, its flora, fauna and heritage - is also underway, attracting a new cohort of volunteers to create it.

Sae Wylfing had a busy year not only as an ambassador for the Trust floating on the River Deben at Whisstocks Place but also she spent time on the River Thames taking part in a renactment of King Aethelstans coronation in 925AD which was part of “Kingston 2025”.

Footfall in the Longshed continues to grow with Whisstocks Place growing in popularity as a visitor attraction. This is greatly helped by the replica Sutton Hoo Burial Ship being constructed by the Sutton Hoo Ships Company beginning to near completion and The Trust is eagerly waiting the anticipated launch in 2027. As well as this, the various events organised by the Trust and the Kings River Tapestries continue to attract increasing visitor numbers which is helping sustain and grow the income from the WRT shop, a major part of the financial strength of the Trust.

The Trust continues to host public talks most months and the range of talks which relate to maritime, river or local heritage are very well attended. These are very important in promoting the Longshed as a Community asset.

WOODBRIDGE RIVERSIDE TRUST

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

The Trust continues to get strong financial and physical support from Friends of the Longshed. This along with individual donations, company and cororate donations and grants from various local organisations help with the running and future plans for the Longshed. Plans are well progressed for how the Longshed will be utilised following the launch of the Replica Sutton Hoo Ship and the eventual departure of the Sutton Hoo Ships Company. In this respect, a significant grant of £25,000 was received in 2025 from the Postcode Community Trust Millionaire Street Fund and this has been designated to help with enhancing the Longshed’s facilities, and introducing a youth engagement programme when space becomes available.

The Trust continues to be very grateful to our team of volunteers who run the gift shop and look after the facility. This dedicated team is the face of the Trust and their commitment is very much appreciated.

Financial review

The overall surplus for the year ended 31 December 2025 amounted to £22,169 (2024: deficit £11,119). This comprised a surplus of £25,244 on the unrestricted fund (2024: deficit £12,080) and deficit on the restricted funds of £3,075 (2024: surplus £961).

There were two major factors relating to the operating position for the prior year (ended 31 December 2024) namely some further expenditure on keeping Sae Wylfing afloat as per our agreement with the owners and also that the Trust had to spend £9,000 on legal expenses .

A grant of £25,000 from the Post Code Lottery was received during 2025. This has been designated as plans are being made for this to be utilised in the future towards refurbishment costs and a youth engagement programme.

There have been no major demands on the finances of the Trust in 2025 enabling a stronger trading position for the Trust. The WRT Gift Shop continues to be an important income source for the Trust helped by an over 7.5% increase in sales and better return on sales.

Going concern

The Trustees consider that the charity has adequate resources to continue operating for the foreseeable future. The trustees anticipate that sufficient income will be available to meet their liabilities. Grants will be sought from Town and County Councils to cover any shortfall in funding. They are continuing to explore new income streams for developing future projects.

Reserves policy

The restricted funds relating to The Longshed capital fund, amount to £61,349 at 31 December 2025 compared to £63,931 at 31 December 2024.

The other restricted funds amount to £550 (2024: £1,043)

Unrestricted reserves amounted to £55,653 at 31 December 2025 compared to £60,809 at 31 December 2024.

Unrestricted designated funds amounted to £25,000 (2025: £nil)

A target for reserves of £40,000 has been established in line with Trust policy: 1) to protect The Longshed from any potential risks considered to be of sufficient magnitude to impact the charity and The Longshed operations and

2) to build a fund to cover future projects to ensure the future viability of the charity.

The free unrestricted reserves (excluding tangible assets and designated funds) amounted to £18,673 at 31 December 2025 (2024: £16,067). The trustees will continue to seek to grow the reserves in line with the Trust objective during the year ended 31 December 2026.

WOODBRIDGE RIVERSIDE TRUST

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

Structure, governance and management

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Mrs N Clay

Mr R Lyon Mrs P Clark Ms T S Bale Mrs A Day (Appointed 7 August 2025)

Recruitment and appointment of trustees

None of the trustees has any beneficial interest in the company.

When a vacancy occurs for a trustee, the remaining trustees seek to appoint an individual with skills and experience which they feel will be of benefit to the charity.

On appointment, new trustees are given copies of the latest Annual Report and Accounts. There is no formal induction and training programme, but individual trustees attend seminars to update themselves when they feel it necessary.

Employee Matters

As the charity has no employees it does not yet have a policy in place relating to employee matters. The charity’s activities are mainly carried out by unpaid volunteers.

Risk Management

The Trustees have considered the major risks to which the charity is exposed, and systems have been established to mitigate those risks. The implementation of these procedures minimises those risks. These procedures are regularly reviewed to ensure that they still meet the needs of the charity. In particular, to minimise any financial risks the trustees would seek reputable banks and investment providers into which they could place funds. The performance of their investment would then be reviewed.

The trustees' report was approved by the Board of Trustees.

Mrs P Clark Trustee

21 August 2026

WOODBRIDGE RIVERSIDE TRUST

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WOODBRIDGE RIVERSIDE TRUST

I report to the trustees on my examination of the financial statements of Woodbridge Riverside Trust (the trust) for the year ended 31 December 2025.

Responsibilities and basis of report

As the trustees of the trust (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006.

Having satisfied myself that the financial statements of the trust are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the trust’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

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 financial statements to be reached.

Helen Rumsey FCA, Dch A Ensors Ipswich 24 August 2026

WOODBRIDGE RIVERSIDE TRUST

STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT)

FOR THE YEAR ENDED 31 DECEMBER 2025

Unrestricted
Restricted
Restricted
funds
funds
funds
Longshed
improvemen
ts
general
2025
2025
2025
Notes
£
£
£
Income from:
Donations and legacies
3
37,120
-
345
Charitable activities
4
26,302
-
-
Other trading activities
5
23,416
-
-
Investments
6
312
-
-
Total income
87,150
-
345
Expenditure on:
Raising funds
7
15,027
-
-
Charitable activities
8
46,879
2,582
838
Total expenditure
61,906
2,582
838
Net income/(expenditure) and movement in funds
25,244
(2,582)
(493)
Reconciliation of funds:
Fund balances at 1 January 2025
60,809
63,931
1,043
Fund balances at 31 December 2025
86,053
61,349
550		 Total
Unrestricted
Restricted
Restricted
funds
funds
funds
Longshed
improvemen
ts
general
2025
2024
2024
2024
£
£
£
£
37,465
12,847
2,500
3,495
26,302
27,075
-
-
23,416
21,781
-
-
312
299
-
-
87,495
62,002
2,500
3,495
15,027
17,631
-
-
50,299
56,451
2,582
2,452
65,326
74,082
2,582
2,452
22,169
(12,080)
(82)
1,043
125,783
72,889
64,013
-
147,952
60,809
63,931
1,043		 Total
2024
£
18,842
27,075
21,781
299
67,997
17,631
61,485
79,116
(11,119)
136,902
125,783

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

WOODBRIDGE RIVERSIDE TRUST

BALANCE SHEET

AS AT 31 DECEMBER 2025

Notes
Fixed assets
Tangible assets
12
Current assets
Stocks
13
Debtors
14
Cash at bank and in hand
Creditors: amounts falling due within
one year
15
Net current assets
Total assets less current liabilities
The funds of the trust
Restricted income funds - general
16
Restricted income funds - Longshed
improvements
17
Unrestricted funds
18		 2025
£
4,759
5,036
44,448
54,243
(10,021)		 £
103,730
44,222
147,952
550
61,349
86,053
147,952		 2024
£
3,326
5,468
15,119
23,913
(6,803)		 £
108,673
17,110
125,783
1,043
63,931
60,809
125,783

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 December 2025.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the trustees on 21 August 2026

Mr R Lyon Trustee

Mrs P Clark Trustee

WOODBRIDGE RIVERSIDE TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

1 Accounting policies

Charity information

Woodbridge Riverside Trust is a private company limited by guarantee incorporated in England and Wales. The registered office is Third Floor, Connexions, 159 Princes Street, Ipswich, IP1 1QJ.

1.1 Basis of preparation

The financial statements have been prepared in accordance with the trust's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)". 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 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. They are reliant on their plans to increase the Trust's income and will also continue to seek cost savings wherever possible. (as referred to in the Trustees' Report on page 3).Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Designated funds are unrestricted funds set aside by the trustees for specific purposes.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

1.4 Income

Income is recognised when the trust is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the trust has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Income from trading activities is recognised on receipt.

Income from charitable activities is recognised on receipt or when the amount is known, and receipt expected.

Income from investments is recognised on receipt.

WOODBRIDGE RIVERSIDE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

1 Accounting policies

(Continued)

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, 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 activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Depreciation charges on restricted funds are allocated in accordance with funding received.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Longshed improvements Fixtures and Fittings 15% straightline. Other improvements over remaining period of lease. Longshed tools and equipment 5 years straightline

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Impairment of fixed assets

At each reporting end date, the trust reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8 Stocks

Stocks are stated at the lower of cost or net realisable value.

Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution.

1.9 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.10 Financial instruments

The trust has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the trust's balance sheet when the trust becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

WOODBRIDGE RIVERSIDE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

1 Accounting policies

(Continued)

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the trust’s contractual obligations expire or are discharged or cancelled.

1.11 Employee benefits

The charity has no employees and therefore there are no employee benefits.

1.12 Operating Leases

Rentals payable under operating leases, including any lease incentives received, are charged as an expense on a straight line basis over the term of the relevant lease.

2 Critical accounting estimates and judgements

In the application of the trust’s accounting policies, 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 assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

WOODBRIDGE RIVERSIDE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

3 Income from donations and legacies

Unrestricted
Restricted
Restricted
funds
funds
funds
Longshed
improvemen
ts
general
2025
2025
2025
£
£
£
Donations and gifts
10,620
-
345
Grants
26,500
-
-
37,120
-
345
Donations and gifts
Donations
8,115
-
345
Gift Aid
2,505
-
-
10,620
-
345
Grants
Government grants
1,500
-
-
Designated grant
25,000
-
-
26,500
-
-		 Total
Unrestricted
Restricted
Restricted
funds
funds
funds
Longshed
improvemen
ts
general
2025
2024
2024
2024
£
£
£
£
10,965
12,847
-
1,350
26,500
-
2,500
2,145
37,465
12,847
2,500
3,495
8,460
11,246
-
1,350
2,505
1,601
-
-
10,965
12,847
-
1,350
1,500
-
2,500
2,145
25,000
-
-
-
26,500
-
2,500
2,145		 Total
2024
£
14,197
4,645
18,842
12,596
1,601
14,197
4,645
-
4,645

WOODBRIDGE RIVERSIDE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

4 Income from charitable activities

Unrestricted Unrestricted
funds funds
2025 2024
£ £
From charitable activities
Educational projects and events 6,786 4,475
Use of Longshed 19,500 22,575
Other income 16 25
26,302 27,075
5 Income from other trading activities
Unrestricted Unrestricted
funds funds
2025 2024
£ £
Sale of shop merchandise 23,416 21,781
6 Income from investments
Unrestricted Unrestricted
funds funds
2025 2024
£ £
Interest received 312 299
7 Expenditure on raising funds
Unrestricted Unrestricted
funds funds
2025 2024
£ £
Fundraising and publicity
Marketing and promotion 1,285 3,855
Event costs 620 1,012
1,905 4,867
Trading costs
Shop merchandise and operating costs 13,122 12,764
Total costs 15,027 17,631

WOODBRIDGE RIVERSIDE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

8 Expenditure on charitable activities

Running
costs
Other costs
2025
2025
£
£
Direct costs
Depreciation and
impairment
-
4,944
Management and
administration
9,411
-
Educational projects and
event costs
1,925
-
Exhibition costs
322
-
Workshop costs
21,987
-
Ship development costs
234
-
Insurance
4,583
-
Other expenditure
44
-
Legal fees
-
-
Governance -
Independent Examination
6,849
-
45,355
4,944
Analysis by fund
Unrestricted funds
44,517
2,362
Restricted funds -
Longshed improvements
-
2,582
Restricted funds - general
838
-
45,355
4,944		 Total
Running
costs
Other costs
2025
2024
2024
£
£
£
4,944
-
4,944
9,411
6,577
-
1,925
2,662
-
322
967
-
21,987
24,840
-
234
3,975
-
4,583
3,399
-
44
48
-
-
9,000
-
6,849
5,073
-
50,299
56,541
4,944
46,879
54,089
2,362
2,582
-
2,582
838
2,452
-
50,299
56,541
4,944		 Total
2024
£
4,944
6,577
2,662
967
24,840
3,975
3,399
48
9,000
5,073
61,485
56,451
2,582
2,452
61,485

9 Net movement in funds
Net movement in funds 2025 2024
£ £
The net movement in funds is stated after charging/(crediting):
Fees payable to the charity's independent examiner:
- for the independent examination of the charity's financial statements 2,500 1,800
- for other financial services 4,349 3,273
Depreciation of owned tangible fixed assets 4,944 4,944

10 Employees

The average monthly number of employees during the year was:

2025 2024
Number Number
Total - -

There were no employees whose annual remuneration was more than £60,000.

WOODBRIDGE RIVERSIDE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

11 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

12 Tangible fixed assets

Longshed
improvements
£
Cost
At 1 January 2025
132,394
At 31 December 2025
132,394
Depreciation and impairment
At 1 January 2025
23,958
Depreciation charged in the year
4,706
At 31 December 2025
28,664
Carrying amount
At 31 December 2025
103,730
At 31 December 2024
108,435
13
Stocks
Finished goods and goods for resale
14
Debtors
Amounts falling due within one year:
Trade debtors
Prepayments and accrued income		 Longshed
tools and
equipment
£
10,941
10,941
10,703
238
10,941
-
238
2025
£
4,759
2025
£
4,616
420
5,036		 Total
£
143,335
143,335
34,661
4,944
39,605
103,730
108,673
2024
£
3,326
2024
£
5,468
-
5,468

WOODBRIDGE RIVERSIDE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

15
Creditors: amounts falling due within one year
Trade creditors
Accruals and deferred income		 2025
£
4,201
5,820
10,021		 2024
£
1,928
4,875
6,803

16 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

Educational activities fund - to promote educational activities for young people.

Community activities fund - to promote community activities.

Shed maintenance fund- towards running costs.

Sae Wylfing - costs re specific project.

The Longshed fund (material fund) - see note 17.

At 1 January Incoming Resources At 31
2025 resources expended December
2025
£ £ £ £
Educational activities 550 - - 550
Community activities 493 345 (838) -
1,043 345 (838) 550
Previous year: At 1 January Incoming Resources At 31
2024 resources expended December
2024
£ £ £ £
Educational activities - 1,000 (450) 550
Community activities - 915 (422) 493
Shed maintenance - 580 (580) -
Sae Wylfing - 1,000 (1,000) -
- 3,495 (2,452) 1,043

WOODBRIDGE RIVERSIDE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

17 Restricted funds - Longshed improvements

This material fund represents funds raised specifically towards the cost of improvements and fixtures and fittings.

At 1 January Incoming Resources At 31
2025 resources expended December
2025
£ £ £ £
Longshed improvements 63,931 - (2,582) 61,349
Previous year: At 1 January Incoming Resources At 31
2024 resources expended December
2024
£ £ £ £
Longshed improvements 64,013 2,500 (2,582) 63,931

18 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 January Incoming Resources At 31
2025 resources expended December
2025
£ £ £ £
Designated - refurbishment and youth
engagement programme - 25,000 - 25,000
General funds 60,809 62,150 (61,906) 61,053
60,809 87,150 (61,906) 86,053
Previous year: At 1 January Incoming Resources At 31
2024 resources expended December
2024
£ £ £ £
General funds 72,889 62,002 (74,082) 60,809

WOODBRIDGE RIVERSIDE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

19 Analysis of net assets between funds

Unrestricted
Restricted
Restricted
funds
funds
funds
Longshed
improvements
general
2025
2025
2025
£
£
£
At 31 December 2025:
Tangible assets
42,381
61,349
-
Current assets/(liabilities)
43,672
-
550
86,053
61,349
550
Unrestricted
Restricted
Restricted
funds
funds
funds
Longshed
improvements
general
2024
2024
2024
£
£
£
At 31 December 2024:
Tangible assets
44,742
63,931
-
Current assets/(liabilities)
16,067
-
1,043
60,809
63,931
1,043		 Total
2025
£
103,730
44,222
147,952
Total
2024
£
108,673
17,110
125,783

20 Members Guarantee

In accordance with the constitution of the company every member undertakes to contribute such amount (not exceeding £10) to the company’s assets should it be wound up.

21 Operating lease commitments

Lessee

In April 2018, the charity entered into a 35-year lease for the Longshed at a peppercorn rent of £1 per year.

At the reporting end date the trust had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

Within one year
Between two and five years
In over five years		 2025
£
1
4
22
27		 2024
£
1
4
23
28

WOODBRIDGE RIVERSIDE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

22 Related party transactions

During the year ended 31 December 2025 unrestricted donations totalling £720 were received from three of the trustees (2024: £720 from four trustees) No restricted donations were received from the trustees. (2024: £1,350 restricted donations from three trustees).

No remuneration was paid to the trustees during the year. (2024: £Nil).

Reimbursement totalling £1,432 was made to two trustees for expenditure incurred on behalf of the charity relating to marketing, educational projects and events. (2024: £643 reimbursement to three trustees).

Only immaterial expenses were waived by trustees.

No ex-gratia payments have been made to any trustee or volunteer during the year ended 31 December 2025 (2024: £Nil).

The charitable activities are mainly carried out by unpaid volunteers.