Charlty Registr4tlon No. 1161776 Company Registralion No. 08008486 (England 4nd Waltsl WYRE RIVER TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 11111 1111 •ADIzwrc(• IW1212Q4 COMPANIES HOUSE A15
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WYRE RIVER TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trusteety A Edney P Robson M GomaN G Cc<Jk OrA M Folkard Charlty number 1161776 Company numb•r R•gist¢red office 40 HoghtM Street PR9 OPQ Ind•p•nd•nt exam•ner J A Fdl & Company 40 Hryhtm Street Southport PR9 OPQ
WYRE RIVER TRUST CONTENTS Page TnJstees' report Independènt exanerS rewl Statemerrt offin8 actsvths Balance sheel Noies to thè atttyjnts 7-19
WYRE RIVER TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORn FOR THE YEAR ENDED 31 MARCH 2024 Thè trustèès prèsént their annual rwirt and ffinanri slatements fot Iht yèor ended 31 March 2024. The financial statèments have bèèn prepared in accordancè th accnI OlèS sèt out In note 1 to Ihe financial stslements and comply the Iwsfs govemirs u¢t. lh• COrrPaeS Act 2006 and "Accounting and Reporting by Charities". Statement of Rewnmended Pract awieabk to doritiès preparing their accounts l aCCAJrdance with the Finan¢ial Reporting Standard appiable in the UK a1 Republ of Ireland IFRS 1021" leffeetive 1 January 2019). Objectives and act•viti•$ The objects of the ¢harily are" The conservation. protédwjn, restorath.on and improbpfflent of the RNer Wyrt suNtyMding arèa from its source to the Irish Sea inclLklry rts Ib)ra forts pul¢ ben¢trt. The trustees have papa due r•9ard to guidarKÈ ssutd by the Chanty Coffmi5sion in t1ecKlwJ Wtt1 ath"t5 th• trusl should undertake. Achievements and perforfflance In the last finanaal year. the tNst cthmued ts delNw a rarwje of wqeds aThJ ackn"vth"ès across thè Wyrè Catchment. In 2023-24 the trust recruited h¥0 staff. ¥rith a Dats and Evthnce Officer, and a Trainee ConseThab"on Officer joining the team. Ths mèans Ihat the Injst rtow has nine staff. of vthich 8 are lull-time ernployees and one is part-time. At the start of the new finanoal year the Trust will moved into new offices based at Myerscough Cdlege. This indudes aCeomrmdat for a projected expansion in Staff to 16 by OdobeT 2024. The olTi¢es include access to StateI-mart Yience faulrties and Ire are signtficant opportunrties for furth81 paiinership wcrfking the ¢dW. The twst has eonhnued to wort with local faminy cJ)mrninibes. providiryJ adv aThJ guidance on water qualrty. •r quanbty, hattilal qualty and wnneetryty SUeS across the catchment. We have abo provided funth'ng for the creation of new ripartan woodlands. riparian buffer strips and larrn intrastructure inprovements. Thss year has seen a significanl focus on Ihe delivery of projects 1¢h fows on 5011 senCe and thè undetstanding of the impacts of soil oynpaction in Ihè Wyre eatchment. As host. WÈ have eonthnueil to ddiver the aims and objeeb.ves of Ihe Wyre WatW5 Catthmenl Partfteiship as part of Ihe catchnI Based Approach, and this eonts'ns to ensure that a range of pathers are involvèd in the delivery of projects 1( support the improvement of Wyre cal¢hrnent. As has teen the case in the last 5 years. a large portK)n ol our wk ha5 focused Natural FlocKI Management INFMI. wth our principle foujs for the year bein9 the t1eli¥ery of the Wre Catchment NFM Project. Over 40,000 t$ were anted by the tnt in the finala1 year, many of which were planted in ~11Ha of wotydtsnd and a further -3km ol buThJed hedgerow ijelivered by lh• afofementioned projed. The project abo supported the delivery of a IaryJe-sCa peatL3nd resloration project at Black Cbugh and delrvered a large ALbmbtr of leaky barriers, ponds, and s•Jnffjcant length of riparian buffer sln"p creat. Allied to the Wyre Calchmenl NFM Project aTrJ Ihe iweosed im1 of lh• tntst, we have partnered ith a group ol landowners in the catehmènt to SUCCè5sfvlly obtain lundry for the delNery the developwnl of a Landscape Re¢overy Project which ¢over5 the Bred and caeT cald)menis. The ¢Jevelwenl phase will see wgnificant invèslmeni and will rèsult in thè pyoductn of a eomprehensive ProF¢1 for the del¥very, monitoring and verffication of nd5pe recovery across ihe prr4ed area worknng ¥h appro¥imatdy 25 land managers in a 20 year programme. The projeei Mll create, festtsrè and manage a m05aic of habrtats across the project area, improwro the condition ol proteeled sites. supportirrfj bi&JNergty and helpirrfJ to deliver net zero. vthilst matrIning food Pfoduclion. These aCtIS 11 be varied and spabally largeted and the Source ol the Projert's mulb"plier eff¥d. The result V•711 bè a suslainable. resi1t. conwex and dNefse ecA>SyStem, suppth'ng an enhanced varièty of flora. fauna and funga d&livefiryJ a wthje rar4Je of e¢osyslem seryices underpinned by Ambth'ous natLnl Ifood managÈm•nt. rÈgènÈfth l*ming and socvdl impact WgraMffs.
WYRE RIVER TRUST TRUSTEES. REPORT (CONTINUED)(INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2024 Further to this Ihe Trust has also been successlul in obtsining fijrlO9 for tht tle1ery of a 3 yea¥ Invasrve Non- Native Spec5 eradication projecl whth will focus on HImaOn Balsam, Japanese KrKJlweed. Giant Hogweed d American Mink. TS Is a SnIficant step forward in the removal of these specres the Wyre catchment. Fundrng has also been obtatned lor Ihe delNery of nalu-like bypass channels around s1gnrfant structures on the river Calder. These easements allow Iree fish passage around these structures for the first time in nearly 230 years. helpjng tts support a wide raryJe of speues udry tr1. sea troul. Eufopean eel and the endangerèd Allantsc salmon. Looking lorwaid. Ihe trust Mll continue to defr.ver upm 115 aims and obj'ectives for the WyTe Catehment. vthieh afe set out in our Inttr9rated Catchment Plan. Under these objectives we will ojntinuè to improvè w3ter qualrty. waler quantity. habrtat quality, tmodwersrty. redLtee fiood risk and inerease carbon sequestrabon. We wll als9 woth wilh communitiès to ènsure that thèy are engaged and edueated. The ntrxt finartaal yèar 11 see us double in syze. enabling delivery of Ihe trusts airyts at a far greater scale and pace than seen previously. It wiv also alk)w us to break new ground, advanung Ihe SCnCe arcyjnd river restoration and ga1her0 more dats about Ihe Wyfe cal¢hmenl. Fsnancial review Tl)e a¢eoun15 eomwrse infomab.on r4ab.ng to the F¢riryJ from 1 2023 to 31 M•rd) 2024 and Tg11¢l the increa5ir#J acbvity ofthe Tru51 whith COn"nUeS to 0W in income and expeThJilure. The rtsult of Ihis #r ièflÈets thè irKreasÈd tictity Pa"¢U1artY 4%ilh regard to grants whith had beèn reeeived in the previous a¢un11ng year. and so we see that whilst income has weased year on year, Ihe increased expentjiiure lof the year resutts in a ¢jert. This is to be expected ¥ere ants we received in advance. The irtcome for the year totalled £697,497 ¢ompared to £591,032 in the p¥105 year. Expendrture in the period. whieh is detsiled in the Statement of Ftnan¢l Ath"vrties, totalled £792,502 {2023- £508,579), Su1.ftg in a deit Ihe y•¥ of £95,36512023- surplus of £82.4531. Due to the nature of the granfs received aThJ their reCognon under drity axountsng rule5. the defictt for the year ended 31 March 2024 was to be expecled as this foll0vd a year of SurUS wh•rtr grants had been receNed 8Trd rècognised as inL))rne in advan of the expejitUre. The fin#n¢ial position of the Trust is very stroryj at Ihe en(F of the year Vith very signrf¢cant cash balarS as fvnding was recewed in advance for a new rnU year project wll enable the of the trust to grow further. Reserves Policy The boart10l Directors reewS Wyre Rivw Tiusfs reseryes policy annualty. The purpose of reserves policy is to smoolh out any short t•rni Varia1 in fUlIng and expenditure to erysure thal Ihe tharty ts ats to ftlfil its objectives without internJpt)n. The work of Wyre Rwer Trust is woiect drwèn 4wth peaks ol eX[drtlÈ CorresFwdirj wtli project aeti¥ity. As suth the board recognEes that the level ol general reserves wiR vary as wy River Trust Ixu'lds th• funds lo undertakg Ihe work. Under Irnal circumslancès the b)ard Conser$ it apprcyiate to h¢Sd reservès of Ihe expendibjre needed to eomplete ihe Crnt pfqects which are beiro caffied ¢)n the rivef Wyre. Risk Statement The Directors have Mviewed thè ¥15ks to [Ch the chanty 15 exFQ5ed. ApproFff4ale procedures are tsi place lo i(Iwtsfy, monrtor anrj reW these ri8ks cffj a wulai basis.
WYRE RIVER TRUST TRUSTEES. REPORT (CONTINUED)(INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 statement of trustèes. responsibilitiès The trustees. who are also tht dwe¢tors ol Wyrè RTrT Trust f the purpose of rx)mpary law. are resptsnsknl• for preparing the Truslees. Rewt and the finaneral slatements in accordanee with applicable law Unrted lQ'ngdom Accounb"rrfJ Standafds (Uruted JQngdom GenerallyAccepted Actounting PradicEI. Cornpany Law requires the tnjstees lo prepare financial ststements ts each financial year gwe a true and lair view of thg state of affairs of the trust and of Ihe incoming resources and appIatn ol re%rCeS, tncluding Ihe income and expendiDJre. of the ¢harrtabie panY tor that year. In paring the$$ ffftonc401 sla1errts. the truslees we requir to" - seleet sultae ac¢ounting poh'¢p5 and th•n aFWy them cc¥)sist•ntEy.' . observe the meth(MJs and in Charities SORP.. - make jtxlgements and estimates that are reasonable and wwJen( - prepare the finanfjal ststements on the rj eoneem basis unss it is inappropriate kn presume that tr trust I continue in operaiv)n. The trustee5 are resptrnsie for keeping Jéquate ac¢ourstrrg récords that di5cb)se vnlh reasonabfe auracY at any b.mè the finanaal p"On of the trusl and enable them lo ensure that thè finanoal stalements comply wi the Companies Act 26. They ale also resF0nsit for safeguarding Ihe assets of the trust and hee for takin9 feasonablè St for the prevènti¢)n and ¢Jetection of IraLx1 and other lrre9uEants. Thè trustees. report was approved by the Board ol Truslees. Alan Ethiey Trustee Ph•lip Robson Trustee Dated." 13 November 2024
WYRE RIVER TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF WYRE RJVER TRUST
l rnport on thè accounts ol Ihe trust for Ihe year ended 31 March 2024. whth are set out on pages 5 to 17.
Respectlve resptsnsibilities oltrustets and examiner
The trust's trust8es, who are atso the dir8ctoFs of W River Tntst lor the PU ol company Faw. arè
fesponsib for th• prtpaiatKJn ol the accounts. The trustees eonsider ihat an aLJrt is nol required for this yèAr
Ltnder secl¥)n 144{21 ol the Chafit¢esAcl 2011 (the 2011 Aetl and Ihat an independent examatIOn is needed.
Having salisfied myself that Ihe charity is not subpet to under clxnpany law is eligibk for independènt
ex¥minalti?n, rt is my resptsnsibilty to..
examine the financial staterrn15 under secl¥)n 145 of Ihe 2011 Act
lill to follow the we
WYRE RIVER TRUST STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrestricted Restrictd funds fur 2024 2024 Total Unrestr•ed Restrict•d ds funrfs 2023 2023 Total 2024 2023 Notes ome from.. Granls Charitable aeth"vrtk?S InVestnnts 572.%7 122.512 574.187 122.512 438 120 544.410 46.104 544,530 46,104 399 Total income 1.658 695,479 697.137 519 590.514 591,033 enditur Chartable activities 34,850 757,652 792,502 41.451 467,128 508.579 Net {outgorn91fineomin9 resou3 before transfer 133.1921 162.1731 195.3651 140.9321 123,386 82.454 Gross transfers behveen funds 1.760 11.760) 36.512 136,5121 Net lexpenditureifm¢ome lor the yearl et movement in funds 131,4321 163,9331 195.365) 14,4201 86,874 82.454 Fund balances al 1 Awil 2023 48.186 4.450 448.636 52.606 313,577 366,183 Fund balances at 31 M•r¢h 2024 16.754 336,517 3&3,271 48.186 4¢)0.451 448,637 The statement of fiftanrial ¥b"wbes I[e$ all gnS aThJ Ic6ses reCtsYSe¢l fft the year. AJI incorrE and expeJUTe dwive from ¢tinLtiryj actiwties. The statement ol Manaal aclFVrts also comptses wrth the requireffnts for an inwme and expenditure acc(yJnl the Companies Act 2(Th.
WYRE RIVER TRUST BALANCE SHEET ASAf31 MARCH 2024 2024 2023 Notes Fixed assets Tangible asseis Investments 10 11 45.158 its) 59,441 100 45.258 59.547 Currènt assets Debtors Cash at bank and in hano 12 236.059 1.169.027 212.977 2,126 1,405,086 472.103 Creditors: aTrts tallithg due withtn 4)ne yeai 13 {1,097.073) 183.0071 Net current assets 308,013 389,098 Total assets less cuffent Imbilittes 353.271 448.637 Income funds Reslrided lunds Unrestricted funds 15 336,517 16.754 400,451 48.186 353271 448.637 Thè eompafiy Is éntilld to Ihe exemptm from the audrt requwement contsird in sectKm 477 ofthe Conwnies Act 2006. for thè year endèd 31 Mareh 2024. No mèmbers have required Ihe tr)mpany to obtain an audfl of its accounts for the year sn question in accordance wilh secliM 476 01 the Compantes Act 20. Th? diroctors atkn0vAed t1r rèspon5its"lrts for comy19 wth the rèquirtmnts of the CpanIeS Act 20C with respect lo aeeountin9 e0rdS and the preparabon of fmawal slatements. These financial statements have en wepared wilh the prows1$ aFpltcable to companips subject to th• small eompans rÈ9ime. The financral statements were appfoved by the Tnjstees i)n Alan Edn¢y TNst88 Philip Robson Trustee Company Registration No. 08008486
WYRE RIVER TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Aeeountlng policiès Charity informatTron Wyre Rivef Trust is a prwate cornpany limited by guarantee incowat&J England and Wales. The Itgistered office is 40 Hcghton Street. StyJ1h. PR9 OPQ. 1.1 AccountlThg eonv¢ntion The accounts have been prep¥ed in accordance Ihe trusfs deed, the Companies A¢1 2006 8nd 'Accounting arbd Report"ng by Charrts." Slatewit of Re¢ommended Practtr appltcablè lo charities preparing Iheir accounts in a0¥dar¢e wth Ihe Finanrjal Reporting Standard aPPltible in Ihe UK and Republic of Ireland IFRS 1021" las amendèd for aountr periods comrnenung from 1 January 20161. The Irv5t 15 a Public Benefit Enbty as defined by FRS 102. The financial ststemnts are sxtpartd in stèrtry. whth 15 the furKlrnal enty of the twst. Monetary amounls in these financ41 statements are rounded to the nearest E. The fMan¢tal $tatsments he been prepared undef htslorieal c%>st nVentan. The princtpal accounting policies adopted are set ujt below. 1.2 Golng conc•rn At the ts'me ol approving Ihe financial statements, the trustees have a reasongble expeetstion that the trust has adequats re50ur¢es to Continue in oFérab"onal eX[enCe foi the forèseèabk lubjre. Thus Ihe trustee$ continue to adopt Ihe goiw¥J concem basis of accountrng in prepanng Ihe financial stsiements. 1.3 Charitable fvnds Unrè5tncttd luThJs a aydikble for use at the disueb"M of Ihe tfustees in frJrtranCe of their chantable objectives. Re$trtded"lunds are suwct to spetsf¢c condibons by d015 as io h(M they rrAy b• used. The purposes and uses of thè restrieted funds are set out in the notes to the finan(ial ststements. Endowment fijnds afe suty"e¢t to $porifi¢ by dows Ihat lh& ¢wtal m(st be maintsined by th Irusr. 1.4 Inet)ming resourt•s Income is recognised when thè trust lÈgalty Ènb"Yed to rt aftèr any Frfomwnc condibons have been met, the awrounts can be measuwl ralbly. arm1 rt is probab Ihat inC•Jme Vill be fved. Cash donations are recognised ¢)n fecept. Other donab"¢)ns are reco9nise(l On the trust ha5 been notified ol the ijonation, unless perftjrmance conditions reqiJKe deferral of the amount. Income tax reeovtrablè In relation to donatAins 1ve$Y under GrfIAY or deeds ol Lxjvenant 15 rec4)JThsed at time of the donal)n. Leg•o&s are recognised on recetpl or oth8pisè il Imst hès been notifd of an dsstribulion. the amount is knowm, and recapt is expeded. 11 Ihe alrUnt is rtol known. the l•gaey is treated as a eontinyènt asset. Expènditure is recognised once there is a kgal or consiwctive obligath.on to transfer economic ben8fit to a third party. it is probable that a transfef of econlmn tsefits will be required in settlewnt, and Ihe amount of thè cN3atIon Can bè measured reliat4y. Expendrture is classifd by activity. The costs of èaeh ath.vty are made up of total of difecl costs an(J shaied costs. inclufSTrng SUprt costs invdved in undertaking each actwity. Dired CLxts attributable to a single adNity are ollooted directly to Ihal activty. Shared eosls vthieh conth.bule to mNe than one aelivrty and support costs whi¢h are not a1butatsIe to a single ath"Mty are apForb"oned behveen those actNits on a basis consistent wth Ihe use of resources. Central staff o)sts ale alloted on Ihe basis ol ttme spent, and dèprterdlion thargÈS are alkncated ¢)n the portKfft of the assefs us•.
WYRE RIVER TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting polici•s Icontlnuedl 1.5 Tangible fixed assets TangiblÈ fixed asse15 are irittialy measured at cost sithequenity measured at cost valuab"on, nel ol depreciation and any impaimient losses. Depreualion is r•¢09ned so as to write off the o)st or of assets less Iheir resKlual values over their uselul lives on th• Idlowng bas". Plant •ThJ equynent Fixtures and fffis Compulers 25% Reducing Balar 125% strah1 'ne 25% Réduung Balanr£ 125% Straight Line 25% Reducing Balance 125% Straight Line The gain or loss arising on the disp¢)sal ol an asset is dèttrmiined as the drfftrens befvrtefi the sale proceeds and the earryin9 value ol the assel. 8nd is recogni5 w% the statement ol fmancial activlthes. 1.6 Ftxed asset Inveskntnts Fixed asset investrnents are initialy ffagJred at transact exdudir4J trantiOn costs. and are subsequer4Uy measured at fair value at each reportirrfJ date. Changes in fatr valLFe are reco3nised in nel incomèllèxpendrturel lor tre year. TrontK)n costs are expensed as incurred. A subsidiary is an entty eontrolled by thè trust. Control is the rttr to govem the and operating policies of the entily so as to obiain berfjts from its aclivrtw. 1.7 Impalmint of lixed assets At each ieporting end date. the trust wews caryiThJ anIS of ¢ts laryible a55ets lo delerMi wh•lhèr Ihere is any indicalton that th)se assets have suffered an iffpaillnent loss. If any suth indi"0n exists, the recoverable amount of the asset is eskn"mated in Ofder to determine the extent ol the impaimient loss Irf any). 1.8 Cash and cash equivalenis Cash and ¢ash equivalents irUde cash in har. derSits held at ¢atl ¥Alh banks. other short-tèrm liqutd investments %wth OTKJinal maturilres of Ihree months or less. aThJ bank overdrafts. Bank overdrafts are Shown within borrowtys in eumnt Iiabilrtrès. 1.9 Flnancial Instruments The trust has elecled to apply the prov of Seckn 11 'Basi¢ Fin•nrial In$trUrts, and Sedion 12 Y)ther Finanaal Instrurnent5 Is$L. ol FRS 102 lo all of ts finanaal instrurrents_ Finanoal instrurnents are reCLnIsed in the trust% balanc she•t when the tntst becomes paty lo the ntraetual provishS of the instrurnAI. Financial assèts and liabilib"$s are offsel. wth thè.net affiounts presented in the ffinanck41 statements, when there is a legally •nkt•ab nghl to set off the- f•Ct•Jntsd amounts and thete 15 an intention to setde Aet basis or to fealtse Ihè asset and Sèt1 Ihè lith.lty SInneousty. Basic finaneital ass•ts Basie finarla1 assets. whieh inelude debtots and cash and bank balances, are initially measured at transad?n price includin9 Iransaclion cosls and are subsequently carried al amortised cost using the effective interest method unless the arrangement constitules a finanong transactk)n, vthere the transactson ss rneasured at the present value of Ihe futu receipls dIsC(nted at a market rate of inlerest. Financial assets classthed as receivable thin one year ar¢ not arntW.
WYRE RIVER TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies Iconlinuedl Basic finan¢ial liabiliD"es 8asic financial liabilits"es. indJth"ry crndilors and bank loars are inibaNy recognised at transaction pn.ce unless Ihe arrangement constrtules a finantyng transathitin. where the debt snslrument Is measure¢J at the presenl value of the fubjre payments diseount8t1 at a fale of interest. Financial liab'lrties dassffied as payable within one yeaf arè nol arnorsed. Oebt instrwnents a subsequentty camed at an1"se cost. usry Ihe effective interest rate methJ. Trade eredttors are oblal$ to pay for gcods ry sèrviees Ihat have been acwired in Ihe ordinary course of operations from suppliers Amtyjnls payable are dassrfied as current IkgtN'lrtbes rf p8ymenl fs due within one year or less. If nol, Ihey are presented as Th)n<ur(enl Ikqbilits"es. Trade creditors awe reo)gnised InrtlIY at transartn price and subsequentty [Deasud al amort* cost usirwj the effectwè Intèrèst thtsd. Der•cognition olfin•nci•l liabiliti•& Finanual liabilitie5 ale deTecognised wben the Irust's cJ)ntraclual dAigab"on5 expire or art distharged or cancelled. Ctiti¢al aceounting estimates and judgements In the apPIal of trusys accountry FK4iues. Iht tnjsttes are required to make judgements, estimatès
nd a5sumpbons about Ihe rng arnount of assets and liaknktses that are rt readly apparenl from other
sourcès. The èstrmatès and associated assumptions a based on historical eywience and other faclors that are considered lo b• relwant. Actual resuws may from Ihese estimates. The eS'MateS and underfying assumptions are on an orKJoin9 basis. Revisions lo actyjtsntir estimates are re(£orrised in Ihe penod in whth the estimate is revised wheTe the revisitin affects only that pèrJd. or in the pefitsd of Ihe reVlon and future periods where Ihe reVIn affects both current an¢1 future perK)ds. Gr¥nt4 Total 2023 funds 2024 Donations and grfts Grants 1,220 572.967 120 544,410 s72.7 1,220 s72.7 574.187 544.530 Fw the year ended 31 March 2023 120 544.410 544.530 Grants r1¥410 lor torè aeti¥ilis See resln.cted funds note lor breakdTh of grants receive4J.
WYRE RIVER TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Charilable acti¥ilies Charitable Charitable income fromlncome from connecied connected companies companies 2024 2023 Other income 122.512 46,104 Charitabl• trading ificom• Recharges to Wyre River Solutions Lirryled ol costs thal the Tfust incurred vthen supplyir¥J services involved th Wyre Catchment Wgrks. Inv•stments Unrestricted Unrestrrcted lunds funds 2024 2023 Interest re¢eivable 438 399 10-
WYRE RIVER TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Ch•ritsble a1ville5 2024 2023 Dir•¢t Costs Oirecl Salaries Travel Pn'nting & Stats"onery Training Costs IT s0fva 8 Consumables Repairs & Mainlenanc8 Olher Costs Telephone & Intemet 434.855 238.31$ 33.460 2,033 1,100 2.949 1.021 11,507 252.832 153,960 18.251 2.328 6,396 1,069 58S 4,)9 733 725,320 440.163 ¢>ant funding of actMtsÈs 21,760 Shale of support wsts Isee note 71 Share of govemance costs (see note 71 63.202 42,611 4.045 792,502 508.579 Analysis by lund Unrestrieted lur Restri¢led fvnds 34.850 757,652 41.451 467.128 792,502 $06.579 Support costs Support Governance e05ts 2024 Support Governance costs ¢ost$ 2023 D&pre¢tioft Travel Expenses Offieè Expènses PL Insuranee T•lèplK>ne Sundry Accountancy Bank Charges 17,567 19.076 13.124 5,375 2.892 5.101 17.%7 19.076 13.124 5,375 2,892 5.101 3.980 67 7.044 19,565 7,982 3.694 1.746 19.565 7,982 3,694 1.746 3.980 4.045 4.045" 74 67 74 63,202 3.980 67.182 42.611 4.04$ 46.656 Anatyse¢l b•fvmen Charitable activities 63.202 3,980 67.182 42,611 4.045 46,656 11
WYRE RIVER TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Tntees One of the Iru51ees was by the Tntst on a self er0Yed bass lor C4$v1n¢Y vhyk invofved in the preparation an¢J administration of a number ol the projects. The amount ehar9ed dLsring the year was t4.200 12023- £nill. None of the other Ifuslees (or any pefsor6 connected vrith Iheml re1Ved any remuneration OT beneffts from the twst during the yew. Employees The avw&38 n)ftthty nunthr of Èmploytt5 durirs ts year was". 2024 Number 2023 Number No member ol staff was paJ in excess of £60.(M)012023- none). 10 Tanglble fixed a55ets Plant and Fixluves CLvnwei* equiprn•nt ttings Tolal At 1 Apnl 2023 Addrtion5 43.707 26.841 17.373 3,285 87,921 3.285 At 31 March 2024 43,707 26.841 20.658 91.206 Depreciation and impainn•nt At 1 Awil 2023 Depocia140n ¢har9Èd in the ytaf 4.822 10.871 20,715 1.532 28,481 17,567 5,164 Al 31 March 2024 15,693 22.247 8.108 46.048 Carying amount Al 31 March 2024 28,014 12.550 45,158 At 31 Mareh 2023 6,127 14,430 59,441 12-
WYRE RIVER TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 11 Fixtd tsset Invesknents other Inve$lmÈnts Cost Of valuation Al 1 April 2023 & 31 March 2024 Carylng amount At 31 Mareh 2024 100 At 31 Mar¢h 2023 100 2024 2023 other inve51ments coryyrw". Investments in subsKliwies 18 1C(I 100 12 Debtors 2024 2023 Arnounts talling due w4thin one year: Trade debtors Amounts owed by SUb.diary undertakiThJs Othw debtors Prepaymenls 163,974 51.616 4,291 16,178 161,C¥)f 49,301 2.675 236.059 212,977 13 Creditors: anM>unts lalling duewithifi one *r 2024 2023 Olher tsxation and social security Def8rred irthme Trade Creditors Other creditors $6.656 1,OC#).000 40.371 15.203 14 27,494 40,310 1.097,073 83.007 13-
WYRE RIVER TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 14 Deferred incorne 2024 2023 Other ¢Jeferred 1.C,cO Deleryed income is included in the financial slatements relatg to lunds received al the end of Mar¢h 2024 but which relates to actiwty on projecls wtith did not commence until the following finanual year. 2024 2023 Deferred income is inclLMJed wtlyn.. Current liabilrt*s i.¢))O,OOCs Movements in the year". Deferd in¢orne al 1 April 2023 Resources d&lerred in the year I,LKJO,OC Deferred inceme at 31 March 2024 I,(M)O.OCO 14-
WYRE RIVER TRUST NOTES TO THE FINANCIAL STATEMEpifs {¢OPrnNUEDI FOR ThE YEAR ENDED 31 AIARCH 2Q24 19 Roilricfed lurA 31 Bart BrDJk FIPF4Rd Brock5thWe RerthWP CABA 1&lX•J 115.4 31 2,189 17.64Q 15.rm 117,t891 17.640 17.610 OFC Stann ¢9.3311 EALP E5tu¥ne5P {48m11 $91 15911 1.1S7 11.15n 114.11 15.WJOI (s.eo41 2.155 12.1551 NÉ SryEItPffjJe¢t TFRR Prry8ct TalW Pr Uppet Wyre FIPF WAKIM Proitict WwlwTrnYtG8G P 11.861 1011 97,737 61.Y 1.827 1.1 13.619 17.010 184.5121 10.078 7S.580 1.827 1.827 8.679 11.353 Ifa.66S 29.2 .cO) .105 P2ni 142381 11.1691 170.IL {149.T941 120.9271 1IZ3,5121 36.901 16.093 146.1051 1L.512 GfizÈdak• m3aPT4ld EAART Pr(p¢t 19)21 5.348 7.031 13,1 1.8781 (S2.9711 16.(th1 1771) 67.351 13.129 125.1 chVrn Pra ndd FIP Pr Wyia NFM Prlllt e.1LKI IT.4481 16.IWI 2.076 11.4S8) 44.9&) p8.no) 15-
WYRE RIVER TRUST NOTES TO THE FIP4ANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 15 31.5tyJ 3.196 112.$99) 13.11 {18.W11 NC LIFE14nPEWNJJ27fv(qeL BRBNW W Scort0nW BRBNW D&E EAWks br Wata W>YeWe¥sfvAtht Oyelry LNRSAquabc LNRS Cuaslal 11.3 25.(¥YJ 111,8331 3.WYI 21.391 33.196 7.334 33,718 51$ 1s.ifo 17.eo61 112821 14851 rJ611 11.6531 6D.675 {10.6781 KGPF LEF Pinfuhj Eto 11151 313376 S.$15 146T.120) 1.$13) 695.479 17S1.ES21 336.517
WYRE RIVER TRUST NOTES TO THE FINANCIAL STATEMEPnS IcoimNUEDI FOR TrIE YEAR E14DED 31 MARCH 2024 15 Rw41rfcf•dlund Cwhment N•ttra CIDW. gxkGIEeDerPr
WYRE RIVER TRUST NOTES TO THE FINANCLAL STATEMEMPJ ICONTINUEDI FOR ThE YEAR EIIOED 31 AIARCH 2024 15 R¥lrtedfunds Sc¢nonWwi- mf* passa9e4 rthjIa(ttSse$ ththe rrrtr Wyte.
WYRE RIVER TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 16 Analysis of net assets between lund$ Restricted Unresttictèd 2024 . 2024 Total RestrKted Unre5trKted 2024 2023 2023 Total Fund balarsces at 31 March 2024 are represented by.. Tan9ibltr assets Inveslmenls Current assetsllh"abik"lièsl 14.848 30.310 45.158 18.424 41,017 59.441 306.207 308.013 29,662 359.434 389.096 16.754 336.S17 353.271 48.186 400.451 448.637 17 Related party transactiohs During Ihe yèar Charity made sw)pls to rt's sutsKJiary Wyre River Solutk)ns "[rle totslling £122,512 12023- £49,244) 18 Subsidiarles These financial statements are separate trust financ4al slatements fur WyTe RTrMr Tfust. The wnpany has taken advanlage of the exeiTpiw un¢Jer section YJ9 01 the knpantes Act 2LK16 not to prepare cons01ated accounts. on the b5 that Ihe grLMJp of whh this is parent qualrfies as a small group. The finaneol ststèments present inf¢Mmab"on aboul the company as an indivklual entrty not about its grol S•parat8 eompany accnts are avaiLable for River S9Julior "m11¢d. Detals of the Irusts sub&tharies at 31 March 2024 are as folk)ws: Name of undertaking Regist•Rd Cl9 of % Held shr•s hèld Dire¢t Indir¢¢t Wyre River Sc4ulv)ns Limited ErKJland Cydinary 1¢JO.00 The principal aclivty ol Wyre RNer Solutions knmiled is the conservation. protecb"on. rèstoralion and impiovemtnt of the RNer and yjirounding aa from its soureè to Ihe Irish Sea inclvdirrtJ its fv)ra and faunè for thè public benèfiL 19.