## ## ||||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|penditure)
is stated after charging/(crediting):||| |---|---|---|---| |||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|D 30|APR|IL 2021||||| |---|---|---|---|---|---|---|---| |||||||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|