2021-04-30-accounts - The Wild Trout Trust Limited

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			Page
Reference and Administrative	Details
Trustees' Report		2	to	5
Report ofthe Independent Auditors		6	to	8
Statement of Financial Activities
Balance Sheet			10
Cash Flow Statement
Notes to the Financial Statements		12	to	21
Detailed Statement of Financial	Activities	22	to	23

FOR THE YEAR END	ED 30AP	RIL 2021
						2021	2020
				Unrestricted	Restricted	Total	Total
			Notes	funds f	fund f	funds f	fundsf
INCOME AND ENDOWMENTS		FROM
Donations and grants			2	189,881	779,164	969,045	572,683
Other trading activities Investment income			3 4	90,500 499		90,500 499	80,740 2,451
Total				280„880	779,164	1,060,044	655,874
EXPENDITURE ON
Raising funds				67,664		67,664	71,427
Charitable activities
Conservation project costs				134,474	681„584	816,058	581,380
Total				202,138	681,584	883,722	652,807
NET INCOME				78,742	97,580	176,322	3,067
Transfers between funds			16	1629	~1629)
Net movement in funds				80„371	95„951	176,322	3,067
RECONCILIATION OF FUNDS
Total funds brought	forward			182,484	690,774	873,258	870,191
TOTAL FUNDS CARRIED FORWARD				262,855	786,725	1,049,580	873,258

BALANCE SHEET 30APRIL 2021
				2021	2020
		Unrestricted	Restricted	Total	Total
		funds	fund	funds	funds
	Notes				E
FIXEDASSETS
Tangible assets	12	3,910		3,910	6,484
CURRENT ASSETS
Stocks Debtors Cash at bank	13 14	2,828 12,367 264,732	24,462 779,319	2,828 36,829 1,044,051	3,902 20,600 863,403
		279,927	803,781	1,083,708	887,905
CREDITORS
Amounts falling due within one year	15	(20,982)	(17,056)	(38,038)	(21,131)
NET CURRENT ASSETS		258,945	786,725	1,045,670	866,774
TOTAL ASSETS LESS CURRENT
LIABILITIES		262,855	786,725	1,049,580	873,258
NET ASSETS		262,855	786,725	1,049,580	873,258
FUNDS	16
Unrestricted funds Restricted funds				262,855 786,725	182,484 690,774
TOTAL FUNDS				1,049,580	873,258

FOR THE YEAR ENDED 3	0APRIL 20	21
			2021	2020
		Notes
Cash flows from operating activities Cash generated from operations		18	18D349	~7,087)
Net cash provided by/(used	in) operating	activities	180349	~7,D87)
Cash flows from investing activities Purchase oftangible fixed assets Interest received			(200) 499	(1,443) 2,451
Net cash provided by investing activities			299	1,008
Change in cash and cash in the reporting period	equivalents		180,648	(6,079)
Cash and cash equivalents beginning ofthe reporting	at the period		863,403	869,482
Cash and cash equivalents ofthe reporting period	at the end		1,044 051	863,403

following proportions to be appropri	ate:-
				Raising	Charitable
				Funds	Activities
General expenses Telephone, computer costs, fixture	and fittings depreciation			100/ 20%	90% Sp
Staff salaries, office administration,	printing,	stationery	and postage,
travel and subsistence				30%	70%
Motor expenses, motor depreciation Project director's emoluments				10% 20%	90% Sp

			2021	2020 f
General donations and grants Subscriptions Advisory and practical visits			864,975 86,212 47 858	454,872 72,480 45,331
			969,045	572,683

				2021 f	2020 f
Events					4,089
Merchandise			sales	1,928	1,494
Auctions	and		raffles	88„572	75,107
Advertising		income			50
				90500	80 740

			2021	2020
				f
UK	bank	interest	499	2,451

RAISING FUNDS	RAISING FUNDS	RAISING FUNDS
Other trading activities			2021	2020
			f	f
Purchases			1,074	1,739
Advertising, Auctions	printing	and publishing	17,301 9,040	12,979 14,239
Support costs			40249	42,470
			67 664	71,427

			Direct	Support
			Costs (see	costs (see
			note 7)	note 8)	Totals
			F
Conservation	project	costs	629 921	186,137	816,058

DIRECT CO	STS OF CHAR	ITABLE ACTIVITIES
				2021f	2020 f
Staff costs				221,033	207,946
Project costs Conservation	and advisory awards	and practical visits		408,888	169,198 6,028
				629 921	383,172
SUPPORT COSTS
				Governance
		Administration f	Finance f	costs f	Totals f
Other trading Conservation	activities project costs	40,249 156932	3,030	26,175	40,249 186,137
		197181	3030	26 175	226 386

Support costs, included in t	he above, are a	s follows:
				2021	2020
		Other	Conservation
		trading	project	Total	Total
		activities	costs f	activities f	activities f
Staff costs		30,243	87,620	117,863	107,603
Social security Pensions Insurance		2,637 1,258	25,086 15,096 3,755	27723 16,354 3,755	28,947 15,337 3,835
Postage, stationery and printing General expenses Other office expenses Motor and travelling costs		882 305 2,597 435	2,059 2,746 11,447	2,941 3,051 2,597 11,882	2,852 5,392 3,849 34„208
Communication and information
technology Subscriptions Depreciation Deficit on disposal offixed assets Bank charges Auditors' remuneration		1,635 257	6,541 65 2,090 427 3,030 3,300	8,176 65 2,347 427 3„030 3,300	6,813 65 3,392 3,499 3,200
Auditor's fees - preparation and other services	ofaccounts		(456)	(456)	2,596
Other accountancy charges Legal and professional fees			16,623 6 708	16,623 6,708	13,245 5845
		40248	186137	226 386	240 678

Net income/(ex
	2021	2020
	f
Auditor's fees - statutory audit Auditor's fees - preparation ofaccounts and other services Depreciation -owned assets Deficit on disposal offixed assets	3,300 (456) 2,347 427	3,200 2,596 3,392

TO THE FINANCIAL STATEMENTS -continu HE YEAR ENDED 30APRIL 2021	ed
STAFF COSTS
	2021	2020
	f.
Wages and salaries Social security costs Other pension costs	338,896 27 723 16,354	315,549 28,947 15,337
	382973	359,833

The average	monthly number ofemployees during	the year was as follows:
		2021	2020
Administration		5	5
Conservation	officers	8	8
		13	13

No employees received emoluments	in excess ofF60,000	.
TANGIBLE FIXEDASSETS
	Conservation	Fixtures,
	officers'	fittings	Motor
	equipment	8 equipment	vehicles	Totals
	E
Cost
At 1 May 2020 Additions Disposals	5,494 ~300)	7,820 200 ~2601)	11,194	24,508 200 J2,901)
At 30April 2021	5,194	5,419	11194	21 807
Depreciation At 1 May 2020 Charge for year Eliminated on disposal	4,211 701 ~150)	5,506 923 ~2324)	8,307 723	18,024 2,347 J2,474)
At 30April 2021	4762	4 105	9,030	17,897
Net book value
At 30April 2021	432	1,314	2,164	3,910
At 30April 2020	1,283	2,314	2 887	6484

THE WILD TROUT TRUST LI	THE WILD TROUT TRUST LI	MITED
NOTES TO THE FINANCIAL		STATEMENTS -continued
FOR	THE YEAR ENDED 30APRIL 2021
13.	STOCKS
			2021	2020
	Stocks		~2828	3,902
14.	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
			2021	2020
			E
	Trade debtors		26,458	5,587
	Prepay ments Accrued income		5,619 4262	2,777 12,236
			36828	20,600

Included within	accrued income	accrued income	is F412 (2020 - 611,066) in relation to payroll costs recoverable under	is F412 (2020 - 611,066) in relation to payroll costs recoverable under
the Coronavirus	Job Retention		Scheme.
CREDITORS:	AMOUNTS	FALLING DUE WITHIN ONE YEAR
			2021	2020
Social security Other creditors	and other	taxes	6,034 17,558	4,538
Accruals			8,380	7,832
Deferred grant	income		6066	8,761
			38038	21,131

UNDS
			At 1 May	Income	Expenditure	Transfers	At 30
			2020			between	April 2021
						funds
Unrestricted income funds
General Funds			161,031	254,681	(184,674)	1,371	232,409
Designated Funds:
Fixed assets			6,484		(2,774)	200	3,910
Bisham Stream			8,918	(6,265)	(2,711)	58
Melbourn Recreation			4,627	1,020	(4,917)		730
River Shep			1,424		(756)		668
Environmental	Contingency	Fund		31,444	(6,306)		25,138
Total unrestricted	income funds		182,484	280,880	(202,138)	1,629	262,855

FUNDS - continued
			At 1 May	Income	Expenditure	Transfers	At 30April
			2020			between	2021
						funds
Restricted income funds
River conservation	projects:
Abbey River			7,629		(176)		7,453
Aire FIP			2,062		(1,286)		776
Amwell Magna			2,021		(46)		1,975
Badsey Brook			2,266		(175)		2,091
Bedford River (Nar)			2,990		(97)		2,893
Bentley Brook			19,497		(3,562)		15,935
Birdsgrove Weir			28,938	4,200	(2,782)	(30,356)
Bradford Beck			6,456		(3,562)		2,894
Bristol Frome			5,889		(330)		5,559
Bucks Ouse Habitat			5,116		(3,889)		1,227
Burrator			1,496	2,520	(370)		3,646
Cam & Granta				23,700	(7,348)		16,352
Cock Beck			4,209	10,240	(8,872)		5,577
Crediton FFFC			1,728		(42)		1,686
Cumbria Angler	Engagement			5,000	(4,669)		331
Derbys Derwent	Fish	Passage	7,833	12,566	(18,279)		2,120
Dove Mayfield Weirs			19,631		(20,255)	30,356	29,732
Dove Weirs			2,879		(66)		2,813
Durley Mill Fish Passage			174		(140)		34
EA AV & PV Partnership			22,800	71,129	(89,834)		4,095
EA WFD Agreement			1,945	11,554	(11,285)		2,214
Eccles bourne			27,187	24,991	(21,755)	(870)	29,553
Eridge Stream				13,753	(10,013)	(1,826)	1,914
Garfield Weston				1,127	(12)	(1,115)
Hills 2 Levels			2,434		(57)		2,377
Lang icy Fish Pass				19,656	(20,491)	870	35
Lark			279	3,000	(5)		3,274
LawCo				2,062	(8)		2,054
Letting the Dove	Flow		36,666		(4,711)		31,955
Lincolnshire Limestone Becks			12,877	129,480	(134,215)	22,050	30,192
Lines & Northants			291,989	44,997	(65,314)	(22,050)	249,622
Lyde FIP				5,000	(1,574)		3,426
Massed Large Woody Material				1,244	(1,200)		44
Midlands Walkovers		(Aine)	1,212		(24)		1,188
Misbourne			277				277
Nidd			3,302	3,968	(2,578)		4,692
Norwell Beck Phase		2	373	2,821	(2,474)		720
Olantigh Weir				94,890	(94,890)
Patagonia Dambusters			4,677		(5,506)	829
PEBBLE				10,000	(1,059)		8,941
Peper Harrow				5,000	(4,760)		240
Ribble Rivers Rerstoration			651		(162)		489
River Burn Fish	Passage		29,801		(689)		29,112
River Darent Habitat			8,050		(329)		7,721

FUNDS - continued
River Ehen &Tribs			13,046	(12,667)		379
River Habitat Workshops			1,465	(122)	(1,343)
River Nent			1,190	(1,340)	150
River Smite			2,500	(917)		1,583
River Team			4,460	(3,829)	(150)	481
River Tean		54,781		(1,266)		53,515
Rivers and Wetlands	Days	4,498	100,000	(5,665)		98,833
Rivers Meden & Maun		12,869	7,000	(9,197)		10,672
Rocester			19,000	(100)		18,900
Somerset Frome		218				218
Southern Region Climate		856		(24)		832
Change Sprite		1,671		(231)		1,440
Sussex ADP		1,990		(1,354)		636
Sussex Rother Tributaries		6,491	216	(5,546)		1,161
Trees for Skirfare			41,500	(39,233)		2,267
Trout Beck		4,498		(902)		3,596
TWIST			15,000	(12,026)		2,974
United Utilities		20,826		(482)		20,344
Upper Aire Land		239	9,450	(6,861)		2,828
Upper Avon		620		(22)		598
Upper Itchen		89				89
Wansbeck Surveys			4,400	(2,004)		2,396
Washford Fish Passage		4,024	1,139	(2,529)		2,634
Watercress &Winterbournes			7,330	(8,468)	1,826	688
Waterside Care		2,748		(65)		2,683
William Grant Foundation			23,100	(1,462)		21,638
Yorkshire Water Rivers &		9,022	25,470	(16,381)		18,111
Wetlands
Total restricted income funds		690,774	779,164	(681,584)	(1,629)	786,725
Total funds		873,258	1,060,044	(883,722)		1,049,580

RECONCILIATION	OF NET	INCOME TO NET CASH FLOW FROM	OPERATING ACTIVITIES	OPERATING ACTIVITIES
			2021	2020
				F
Net income for the Financial Activities)	reporting	period (as per the Statement of	176,322	3,067
Adjustments for: Depreciation charges Deficit on disposal offixed assets Interest received			2,347 427 (499)	3,392 (2,451)
Decrease in stocks			1,074	1,302
Increase in debtors			(16,229)	(13,020)
Increase in creditors			16,907	623
Net cash provided	by/(used	in) operations	180,349	~7087I

ANALYSIS OF CHANGES IN NET	FUNDS
	At 1/5/20	Cash flow	At 30/4/21
			E
Net cash
Cash at bank	863403	180648	1 044 051
Total	863,403	180648	1044051

FOR THE YEAR EN	DED	3	0APRIL 2021
						2021	2020
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
						E	F
INCOME AND ENDOWMENTS
Donations and grants Donations				102,649	762,326	864,975	454,872
Subscriptions Advisory and practical visits				86,212 1,020	16838	86,212 17,858	72,480 45,331
				189,881	779,164	969,045	572,683
Other trading activities Events							4,089
Merchandise sales				1,928		1,928	1,494
Auctions and raffles				88,572		88,572	75,107
Advertising income							50
				90,500		90,500	80,740
Investment income
UK bank interest				499		499	2,451
Total incoming resources				280,880	779,164	1,060,044	655,874
EXPENDITURE
Other trading activities On-line merchandise sales				1,074		1,074	1,739
Advertising, printing Auctions	and publishing			17,301 9040		17,301 9,040	12,979 14,239
				27,415		27,415	28,957
Charitable activities
Staff costs - conservation		officers		(8,456)	229,489	221,033	207,946
Project costs and advisory visits			and practical	5,187	403,701	408,888	169,198
Conservation awards							6,028
				(3,269)	633,190	629,921	383,172
Support costs
Administration
Staff costs				80,041	37,822	117,863	107,603
Social security Pensions				27723 16,354		27,723 16,354	28,947 15,337
Insurance				3,755		3,755	3,835
Postage, stationery General expenses Carried forward	and	printing		2,941 2,383 133,197	668 38„490	2,941 3,051 171,687	2,852 5,392 163,966

FOR THE YEAR ENDE	APR
				2021	2020
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
		F	F		F
Administration
Brought forward Other office expenses Motor and travelling costs Communication and information technology Subscriptions Depreciation Deficit on disposal offixed assets		133„197 2„597 1,978 8,176 65 2,347 427	38,490 9,904	171,687 2,597 11,882 8,176 65 2,347 427	163,966 3,849 34,208 6,813 65 3,392
		148,787	48,394	197,181	212,293
Finance
Bank charges		3,030		3,030	3,499
Governance costs
Auditors' remuneration		3,300		3,300	3,200
Auditor's fees - preparation and other services	ofaccounts	(456)		(456)	2,596
Other accountancy charges Legal and professional fees		16,623 6708		16,623 6,708	13,245 5,845
		26 175		26 175	24,886
Total resources expended		202 138	681,584	883,722	652,807
Net income		78,742	67,580	176,322	3,067