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|---|---|---|---|---|
|Reference and Administrative|Details||||
|Trustees' Report||2|lo|6|
|Report ofthe Independent<br>Auditors||7|to|10|
|Statement ofFinancial Activities|||||
|Balance Sheet|||||
|Cash Flow Statement|||13||
|Notes to the Financial Statements||14 to||24|
|Detailed Statement ofFinancial|Activities|25|to|26|





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|FOR THE YEAR ENDED 30AP|RIL 2023||||||
|---|---|---|---|---|---|---|
||||||2023|2022|
||||Unrestricted|Restricted|Total|Total|
||||funds|fund|funds|funds|
|||Notes|||E|F|
|INCOME AND ENDOWMENTS|FROM||||||
|Donations<br>and grants||2|261,545|1,083,060|1,344,605|1,137,593|
|Other trading<br>activities<br>Investment<br>income||3<br>4|107,019<br>5133||107,019<br>5133|94,475<br>192|
|Total|||373,667|1 083060|1,456,757|1232280|
|EXPENDITURE ON|||||||
|Raising funds|||93,723||93,723|90,177|
|Charitable<br>activities|||||||
|Conservation<br>project costs|||194840|1054450|1249390|1 179922|
|Total|||288 663|1 054450|1 343113|1270099|
|NET INCOME/(EXPENDITURE)<br>Transfers between funds||16|85,034<br>2399|28,610<br> ~2399|113,644|{37,839}|
|Net movement<br>in funds|||87,433|26,211|113,644|{37,839)|
|RECONCILIATION<br>OF FUNDS|||||||
|Total funds brought<br>forward|||365,946|645,795|1,011,741|1,049,580|
|TOTAL FUNDS CARRIED FORWARD|||453379|672M6|1 125385|1,011741|





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|BALANCE SHEET<br>30APRIL 2023||||||
|---|---|---|---|---|---|
|||||2023|2022|
|||Unrestricted|Restricted|Total|Total|
|||funds|fund|funds|funds|
||Notes|||||
|FIXEDASSETS||||||
|Tangible assets|12|4,B15||4,815|3,396|
|CURRENT ASSETS||||||
|Stocks|13|3,454||3,454|3,421|
|Debtors<br>Cash at bank|14|27,035<br>~49312|30,375<br>648800|57,410<br>1097912|36,965<br>1 136169|
|||479,801|B78,975|1,158,776|1,176,555|
|CREDITORS||||||
|Amounts<br>falling due within one year|15|(31,03?J|{6,969)|{38,006)|(168,210)|
|NET CURRENT ASSETS||446 764|872008|1 120770|1008345|
|TOTAL ASSETSLESSCURRENT||||||
|UABILITIES||453,379|672,006|1,125,385|1,011,?41|
|NET ASSETS||483379|872006|1125385|1011741|
|FUNDS|16|||||
|Unrestricted<br>funds||||453,379|365,946|
|Restricted funds||||672 008|645795|
|TOTAL FUNDS||||1 125385|1011741|





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||||2023|2022|
|---|---|---|---|---|
||||E|E|
|General donations<br>and grants<br>Subscriptions<br>Advisory<br>and practical visits|||1,230,139<br>89,076<br>25390|989,784<br>91,080<br>50729|
||||1344505|1 137593|



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|||2023|2022|
|---|---|---|---|
|||E||
|Merchandise|sales|4,988|5,040|
|Auctions and|raNes|102031|89435|
|||107019|94 475|



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||||2023|2022|
|---|---|---|---|---|
||||E||
|UK|bank|interest|~5133|192|






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|RAISING FUNDS|RAISING FUNDS|||
|---|---|---|---|
|Other trading activities||2023|2022|
|||F|F.|
|Purchases||2,512|3,824|
|Advertising,<br>printing<br>Auctions<br>Support costs|and publishing|24,251<br>1},177<br>~55783|21,440<br>12,460<br>~52 453|
|||~$3 723||



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|||||Direct|Support||
|---|---|---|---|---|---|---|
|||||Costs (see|costs (see||
|||||note 7)|note 8)|Totals|
|||||F||F.|
|Conservation|project|costs|1|032 206|217184|1249360|



## 

## 

|7.|p<br><br> <br>  ,,<br>(2022:F146,460)was attributable<br>to unrestricted<br>and E1,05<br>to restricted funds.<br>DIRECT COSTS OF CHARITABLE ACTIVITIES|,,<br>4,450 (2022:F1,033,462) w|as attributabl|
|---|---|---|---|
|||2023|2022|
|||E||
||Staff costs|267,764|265,080|
||Project costs and advisory and practical visits|764442|755071|
|||Governance||
|||1032206|1020151|
|8.|SUPPORT COSTS|||



|SUPPORT C|OSTS|||||
|---|---|---|---|---|---|
|||Administration|Finance|costs|Totals|
|||F|||F|
|Other trading <br>Conservation|activities<br>project costs|55,783<br>179862|3$90|33632|55,783<br>217 184|
|||235 645|36$0|33632|272987|





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## 

|Support costs, Included<br>in th|e above, are|as follows:||||
|---|---|---|---|---|---|
|||||2023|2022|
|||Other|Conservation|||
|||trading|proJect|Total|Total|
|||actlvltles|costs|actlvltlas|activities|
|Staff costs||30,200|91,762|121,962|87,291|
|Social security<br>Pensions||9,724<br>7,480|25,318<br>23,848|35,042<br>31,32S|30,549<br>16,102|
|Insurance|||4,700|4,700|4,171|
|Postage, stationery<br>and printing<br>General expenses<br>Other office expenses<br>Motor and travelling<br>costs||799<br>306<br>3,765<br>2,053|1,863<br>2,757<br>23,125|2,662<br>3,063<br>3,765<br>25,178|3,656<br>5,444<br>4,241<br>22,006|
|Communication<br>and information||||||
|technology<br>Subscriptions<br>Depreciation<br>Bank charges<br>Exchange rate variance<br>Auditors'<br>remuneration||1,153<br>303|4,607<br>468<br>1,414<br>3,328<br>382<br>6„600|5,760<br>468<br>1,717<br>3,328<br>382<br>6,600|5,324<br>1,375<br>1,660<br>3127<br>357<br>6,510|
|Auditor's fees - preparation|ofaccounts|||||
|and other services|||||(960)|
|Other accountancy<br>charges<br>Legal and professional<br>fees|||20,171<br>6861|20,171<br>8861|14,244<br>7127|
|||55788|217184|272 867|212 224|
|NET INCOME/(EXPENDITURE)||||||
|Net income/(expenditure)<br>is|stated after charging/(crediting):|||||
|||||2023|2022|
|Auditor's fees - statutory<br>audit||||6,600|6,510|
|Auditor's fees - preparation<br>ofaccounts and other services<br>Depreciation<br>-owned assets||||1717|(960)<br>~1660|



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|STAFF COSTS|||
|---|---|---|
||2023|2022|
|||F|
|Wages and salaries<br>Social security costs<br>Other pension costs|389,726<br>35,042<br>31328|352,371<br>30,549<br>16102|
||4M 096|399022|



|The average<br>monthly<br>numb|er ofemployees<br>|during the|yea|r was as follows:|||
|---|---|---|---|---|---|---|
||||||2023|2022|
|Administration|||||5|5|
|Conservation<br>officers|||||8|8|
||||||13|13|
|The number<br>of employees<br>f60,000was:|whose employee|benefits|(exduding<br>employer||pension|costs) exceeded|
||||||2023|2022|
|860,001 - K?0,000|||||1|1|
|TANGIBLE FIXEDASSETS|||||||
|||Conservation||Fixtures,|||
|||officers'||fittings|Motor||
|||equipment||&equipment|vehides|Totals|
|Cost|||||||
|At 1 May 2022<br>Additions||5,194||6,565<br>~2936|11,194|22,953<br>~2936|
|At 30April 2023||~5194||8601|~11194|~26 889|
|Depreciation<br>At 1 May 20?2<br>Charge for year||5,127<br>67||4,859<br>~1244|9,571<br>406|19,557<br>~1?17|
|At 30April 2023||||~6103|~9977|~21 274|
|Net book value<br>At 30April 2023||||33$8|~121?|~4615|
|At 30April 2022||67||1 706|~1623|~3396|



## 



## 

|FOR|THE YEAR ENDED 30|A|P|RIL 2023|||
|---|---|---|---|---|---|---|
|13.|STOCKS||||||
||||||2023|2022|
|||||||F|
||Stocks||||~3454|3,421|
|14.|DEBTORS:AINOUNTS||FALLING DUE WITHIN ONE YEAR||||
||||||2023|2022|
||||||F.||
||Trade debtors||||28,325|13,468|
||Prepayments<br>Accrued income||||4,472<br>~24613|7,014<br>~16483|
||||||~57 410||
|15.|CREDITORS: AMOUNTS|||FALLING DUE WITHIN ONE YEAR|||
||||||2023|2022|
||||||E|F|
||Social security and other <br>Other creditors|||taxes|6,841<br>2,190|7,190<br>2,469|
||Accruals<br>Deferred membership|income|||19,591<br>0'884|153,101<br>5450|
||||||88 000|108210|



## 

## 

|FUNDS|||||||
|---|---|---|---|---|---|---|
|||At 1 INay|Income|Expenditure|Transfers|At 30April|
|||2022|||between|2023|
||||||funds||
|||||E|R||
|Unrestricted<br>income funds|||||||
|General<br>funds||320,135|240,062|231,529|(50,010)|278,658|
|Designated<br>funds:|||||||
|Fixed assets||3,396||1,717|2,936|4,615|
|Cousins Legacy|||54,399|739|50,000|103,660|
|Dorset Chalkstreams||3,994|1,074|1,214||3,854|
|Environmental<br>Contingency||28,561|17,750|33,102|473|13,682|
|GAAFS Lines|||12,500|89||12,411|
|Melboum<br>Recreation||770|13,855|2,513||12,112|
|Practical Resources||8,740|5,000|3,996|(1,000)|8,744|
|River Shep||224||216||8|
|SCDC Chalkstreams|Partnership||10,000|20||9,980|
|Southern<br>Chalkstream||126|19,057|13,528||5,655|
|Total unrestricted<br>Income funds||365,946|373,697|288,663|2,399|453,379|





## 

|FOR|THE YEAR ENDED 30|THE YEAR ENDED 30|APRIL 2023||||||
|---|---|---|---|---|---|---|---|---|
|16.|FUNDS - continued||||||||
|||||At 1Ilay|Income|Expenditure|Transfers|At 30April|
|||||2022|||between|2023|
||||||||funds||
||Restricted Income funds||||||||
||River conservation|projects:|||||||
||Abbey<br>River|||7,126||145||6,981|
||Aire FIP|||447|2,500|2,696||251|
||Amwell<br>Magna|||1,925||39||1,886|
||Badsey Brook|||1,422||27||1,395|
||Bedford River (Nar)|||2,819|2,988|4,562||1,245|
||Bentley Brook|||9,426|3,624|5,000||8,050|
||Better Backs|||1,459|890|2,072||277|
||Bradford Beck|||1,986||644||1,342|
||Brailsford Brook|Ednaston|||8,500|59||8,441|
||Bristol Frome Imp|||5,289||108||5,181|
||Bucks Ouse Habitat|||1,382||24||1,358|
||8urrator|||1,191||958||833|
||Byron's Pool Fish Pass|||3,351|1,500|3,322||1,529|
||Cam & Granta s||||34,471|31,161||3,310|
||Cloughaneely<br>AA||||5,264|4,013||1,251|
||Cumbria<br>Angler Engagement|||1,577|4,000|5,270||307|
||Cumbrian<br>CDM|||2, 124||1,020||1,104|
||Derbys<br>Derwent|Fish|Passage|652|14,389|1,881||13,160|
||Dove May5eld Weirs|||2,140||5,037|2,897||
||Dove Weirs|||2,740||57|(2,683)||
||EA AY & PV Partnership|||20,977|98,888|87,109||32,756|
||EA WFD Agreement|||2,110|3,619|1,999||3,730|
||Eccles bourne|||43,703|3?9,484|383,389||39,798|
||Ennis Angling||||5,249|4,445||804|
||Eridge Stream|||1,310||24||1,286|
||Frensham||||3,000|53||2,947|
||Gayton Brook||||28,000|1,021||26,979|
||Hills 2 Levels|||2,317||47||2,270|
||Langley<br>Fish Pass|||2,743|10,250|5,709||7,284|
||Lark|||1,131|10,981|11,462||650|
||LawCo|||(82)|1,951|1,716||153|
||Letting the Dove|Flow||23,814||7,117|(214)|16,483|
||Lincolnshire<br>Limestone Backs|||35,259|15,469|23,828|(366)|26,534|
||Lines & Northants|||216,238|1,500|18,377|(1,320)|198,041|
||Manon Waikovers|||2,283||144||2,139|
||Midlands<br>Walkovers||(Aine)|1,162||24|(347)|791|
||Mimram<br>FIP|||175|5,336|4,332||1,179|





## 

## 

## 

|NDS - continued|||||||
|---|---|---|---|---|---|---|
|||At 1 May|Income|Expenditure|Transfers|At 30April|
|||2022|||between|2023|
||||||funds||
|||E|||||
|Misbourne||108||||108|
|Moy RT -Walkovers||80|10,878|8,978||1,980|
|Nidd||2,390|7,800|9,862|(2)|326|
|Northeast<br>LWM|||5,500|2,419||3,081|
|Norwell Beck Phase 2||||18||678|
|Olantigh<br>Weir|||32,200|32,241|(399)||
|Open Rivers|||59,583|59,572||11|
|Pebble||2,589||973||1,616|
|Porter Brook Weir||2,007|17,698|15,600||4,105|
|Rib FIP||675||478||197|
|Ribble Ri~ Rerstoration||475||152||323|
|River Axe|||7,200|6,251||949|
|River Bum Improvements||28,387||581||27,806|
|River Darent Enhancements||7,185||262||6,923|
|River Ehen &Tribs||1,913|25,000|29,573||(2,660)|
|River Glen Boothby||||166||(166)|
|River Lean|||3,158|2,114||1,044|
|River Roden||371||718|||
|River Smite||941||157||784|
|River Team||376||||376|
|River Tean||43,394||12,574||30,820|
|Rivers 8 Wetlands|Days|61,884|100,000|78,095|(2,000)|81,789|
|Rivers Meden 8 Maun||12,323||3,086||9,237|
|Rocester||17,977||367||17,610|
|Sid|||12,500|4,084||8,416|
|Somerset Streams||1,536||30||1,506|
|Sprite (Esmee Fairbaim)||279||256||173|
|Swale FIP|||4,420|4,650|||
|Trees hr Skirlare||2,213|1,000|1,055||2,158|
|Trout Beck||2,381||1,346||1,035|
|TWIST||3,410||30,086||2,324|
|United<br>Utilities||12,064||7,814||4,250|
|Upper Aire Land||7,003|9,650|11,480||5,173|
|Upper Witham<br>Scoping|||29,000|30,686|1,686||
|Wansbeck<br>Surveys||?96||22||774|
|Watercress<br>&Winterboumes||57|10,257|8,308||2,006|
|Waterside<br>Care||2,615||55||2,560|





## 

## 

|FUNDS -|continu|ed||||||
|---|---|---|---|---|---|---|---|
||||At 1 WWay|Income|Expenditure|Transfers|At 30April|
||||2022|||between|2023|
|||||||funda||
|||||||F.||
|Wharfe|FIP||3,489|3,250|1,823||4,916|
|William|Grant|Foundation|14,754|360|14,256||858|
|Withan|Dallygate|||33,828|33,281||547|
|Yoikshire Water Ri~ &Wetland|||10,791|38,175|22,090|(228)|26,648|
|Total restricted||income funds|645,795|1,083,060|1,054,450|(2,399)|672,006|
|Total All|Funds||1,011,741|1,456,757|1,343,113||1,125,385|



## 

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## 

## 

## 

|RECONCILIATION<br><br>ACTIVITIES|OF|NET|INCOIIIIE/(EXPE|NDITURE)<br>TO NET CAS|H FLOW FROIIII O|PERATING|
|---|---|---|---|---|---|---|
||||||2023|2022|
||||||E||
|Net income/(expenditure)||for the reporting||period (aa per the|||
|Statement ofFinancial||Activities)|||113,644|(37,839)|
|Adjustments<br>for:<br>Depreciation<br>charges<br>Interest received|||||1,717<br>(6,133)|1,660<br>(1S2}|
|Increase<br>in stocks|||||(33)|(593)|
|Increase in debtors|||||(20,446)|(138)|
|(Decrease)/increase|in creditors||||~130204|130172|
|Net cash (uaed In)/provided|||by operatfons||~4D 404)|03072|





## 

|THE WILD TROUT TRUST LIMITED|THE WILD TROUT TRUST LIMITED||||
|---|---|---|---|---|
|NOTES TO THE FINANCIAL STATEMENTS - continued|||||
|FOR|THE YEAR ENDED 30APRIL 2023||||
|19.|ANALYSIS OF CHANGES<br>IN NET FUNDS||||
|||At 1/5/22|Cash flow|At 30/4/23|
||Net cash<br>Cash at bank|1 13616$|~38257|1097912|





## 

|FOR THE YEAR ENDED|3|0APRI|L 2023|||||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
|||||Unrestricted|Restricted|Total|Total|
|||||funds<br>f|funds<br>f|funds<br>F|funds<br>F|
|INCOME AND ENDOWMENTS||||||||
|Donationa and grants<br>General donations<br>and grants<br>Subscriptions<br>Advisory<br>and practical visits||||170,055<br>89,076<br>2414|1,060,084<br>-<br>22976|1,230,139<br>89,076<br>25390|989,784<br>91,OSO<br>56729|
|||||261,545|1,083,060|1,344,605|1,137,593|
|Other trading activities<br>Merchandise<br>sales<br>Auctions and raffles||||4,988<br>102 03'I||4,988<br>102031|5,040<br>89435|
|||||107,019||107,019|94,475|
|Investment<br>Income||||||||
|UK bank interest||||5133||5133|192|
|Total incoming resources||||373,69?|1,083,060|1,456,757|1,232,280|
|EXPENDITURE||||||||
|Other trading activities<br>On-line merchandise<br>sales||||2,512||2,512|3,824|
|Advertising,<br>printing<br>and publishing<br>Auctions||||24,251<br>11177||24,251<br>111TT|21,440<br>12480|
|||||37,940||37,940|37,724|
|Charitable<br>activities||||||||
|Staff costs - conservation|officers|||(11,355)|279,119|26'7,764|285,080|
|Project costs and advisory<br>visits||and practical||22078|742 364|T84442|755 071|
|||||10,723|1,021,483|1,032,206|1,020,151|
|Support coats||||||||
|Administration||||||||
|Staff costs||||103,995|17,967|121,962|87,291|
|Social security<br>Pensions||||35,042<br>31,328||35,042<br>31,328|30,549<br>18,102|
|insurance||||4,700||4,700|4,171|
|Postage, stationery<br>and printing<br>General expenses<br>Other office expenses<br>Motor and travelling costs<br>Communication<br>and information<br>Carried forward|||technology|2,662<br>3,034<br>3,765<br>10,589<br>5,T60<br>200,855|29<br>14,609<br>32,605|2,662<br>3,063<br>3,T85<br>25,1?8<br>5,760<br>233,460|3,85B<br>5,444<br>4,241<br>22,008<br>5,324<br>178,784|





## 

## 

|||||||2023|2022|
|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted||Total|Total|
||||funds|funds||funds|funds|
|||||P||||
|Administration||||||||
|Brought forward<br>Subscriptions<br>Depreciation|||200,855<br>468<br>1 717|32,605||233,460<br>468<br>1717|178,784<br>1,375<br>1$!0|
||||203,040|32,605||235,645|181,819|
|Finance||||||||
|Bank charges<br>Exchange rate variance|||3,328||362|3,328<br>362|3,127<br>357|
||||3,328||362|3,690|3,484|
|Governance costs||||||||
|Auditors'<br>remuneration|||6,600|||6,600|6,510|
|Auditor's fees - preparation||ofaccounts||||||
|and other services|||||||(960)|
|Other accountancy<br>charges<br>Legal and professional fees|||20,171<br>6881|||20,171<br>8861|14,244<br>7127|
||||33832|||33632|26821|
|Total resources expended|||288683|1064|480|1343113|1270099|
|Net (expenditure)/income|||86034|28|610|113844|~37 839|