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2024-12-31-accounts

Charity number: 1163873

River Holme Connections

Trustees' Report and Financial Statements

For the year ended 31 December 2024

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River Holme Connections Reference and administration information

Charity number 1163873

Registered office and operational address 13-15 Westgate, Honley, Holmfirth, West Yorkshire, HD9 6AA

Trustees

Trustees who served during the year and up to the date of this report were as follows:

Lynva Russell Chair Susan Lee-Richards Treasurer and Secretary Chris Abell Adrian Barraclough Paul Coleman (resigned September 2024) Chris Green Clare Hallas (resigned March 2024) Pamela King Trevor Doherty (appointed March 2024) Tom Harman (appointed March 2024) Andrew Oddie (appointed March 2024, resigned December 2024) John Jolly (appointed March 2025)

Key management personnel

Rosslyn Colderley Chief Executive Officer (appointed January 2025) Simon Hirst River Interventions Manager Susan Mitzi Finance Manager

Bankers

Santander UK plc, Sunderland, SR43 4FW.

Independent Examiner

Kate Adderley CA, Third Sector Accountancy Limited, Holyoake House, Hanover Street, Manchester M60 0AS.

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River Holme Connections Trustees’ annual report for the year ended 31 December 2024

The trustees present their report and the unaudited financial statements for the year ended 31 December 2024.

Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the charity’s constitution and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102.

Objectives and Activities

The objectives of River Holme Connections (RHC) are to open up access to the river throughout the catchment from its origins to its junction with the River Colne for the benefit of local people and visitors to the River Holme Catchment. RHC also undertakes practical tasks to improve the river environment and to educate people about the river’s environmental importance.

The principal activities undertaken by RHC were:

  1. Practical environmental improvements

  2. Educational activities concerning the environment

  3. Contract work with local businesses to improve the riverside environment.

The trustees consider these are for public benefit.

The trustees confirm they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning its future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives that have been set.

The trustees review the aims, objectives and activities of the charity each year. This report looks at what the charity has achieved and the outcomes of its work in the reporting period. The trustees report the success of each key activity and the benefits the charity has brought to those groups of people that it is set up to help. The review also helps the trustees ensure the charity's aims, objectives and activities remained focused on its stated purposes.

Achievements and performance

RHC’s charitable activities all focus on improving the environment of the River Holme Catchment and are undertaken to further its charitable purposes for the public benefit.

Nature’s Holme – Landscape Recovery

In 2024 RHC continued its work developing Nature’s Holme, one of 22 Department for Environment, Food and Rural Affairs (Defra)-funded pilot Landscape Recovery projects, working with multiple landowners to develop a range of conservation actions across the catchment.

Accessible Riversides

Improving access throughout the Holme catchment is an important part of our work at RHC. Connecting people with the river and the wildlife along it is key to improving and conserving our watercourses and promoting inclusive access to nature and wild spaces.

In 2024 RHC met the targets set in 2023 by:

Improving Biodiversity

RHC are involved and promote many opportunities across our catchment to improve biodiversity and increase habitat connectivity.

Main activities:

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River Holme Connections

Trustees’ annual report for the year ended 31 December 2024

Improving Water Quality

Improving and monitoring water quality in the catchment is central to our work. We deliver this through citizen science projects, volunteer river clean-ups, and education sessions that teach what a healthy river looks like. Removal of invasives such as Japanese knotweed, montbretia and Himalayan balsam further helps to restore natural biodiversity of the riparian landscape. When all these riverside projects come together, supporting healthy rivers will benefit wildlife whilst providing an outdoor environment we can all enjoy.

Main activities:

In 2024 RHC met the targets set in 2023 by:

Community Engagement

Community engagement is an integral aspect of our Charity. Raising awareness and strengthening local community partnerships through education sessions with young people, practical volunteering with community groups, attending events and hosting nature walks and talks are just some of the ways we strive to inspire our community to make positive change to our local environment.

Main activities:

In 2024 RHC met the targets set in 2023 by:

Volunteers

We have a dedicated and hardworking team of volunteers at RHC, who continue to amaze us with their support and enthusiasm for creating a better River Holme and a better Holme Valley. Their involvement allows RHC’s ability to deliver environmental improvements across the catchment to expand year on year.

Main activities

In 2024 RHC met the targets set in 2023 by:

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River Holme Connections Trustees’ annual report for the year ended 31 December 2024

Partnerships

We have continued to strengthen our strategic partnerships with organisations and communities that are vital to our work. This joined up and co-ordinated approach makes a real difference to the rivers in our catchment and beyond.

Beneficiaries of our services

Beneficiaries include local people and visitors to the River Holme Catchment who have access to nature and wildlife. The river and its environs are being improved so that all visitors may have the benefit of spending time in nature for the benefit of their health and wellbeing. The improvements being undertaken are also beneficial to nature increasing biodiversity in our nature depleted landscape.

The trustees are satisfied that RHC’s activities directly further its charitable purposes for the public benefit.

Lessons Learned

The pilot programme for the Landscape Recovery ‘Nature’s Holme’ has provided the opportunity to work with landowners to develop a deeper understanding of the state of nature in the River Holme Catchment. This has allowed the charity to continue to develop its’ medium-term plan of restoring nature. The rest of the decade to 2030 is pivotal in reversing the damage.

School engagement has shown the value of practical outdoor learning and help build our local reputation for excellence in education.

All our Year in Industry (YII) students have progressed into environmental sector careers, underlining the importance of structured placements.

Creating varied opportunities for volunteers who help deliver the projects to: improve access to nature, improve biodiversity and reverse some of the damage that climate change and nature loss are having in the UK. We are seeing a year-on-year increase in the number of volunteers we support and the hours they commit to RHC.

These lessons will guide our 2025-2030 strategy to ensure RHC delivers both environmental outcomes and community capacity for long-term stewardship of the catchment.

Financial review

Principal sources of income in 2024 were Defra funding for the Landscape Recovery project, White Rose Forest (WRF) for the development of new woodland and hedgerow, charitable trusts, corporate donors and individual supporters.

Income

In 2024, RHC received total income of £542,269 (2023: £330,729), of which:

Expenditure

Total expenditure was £578,397 (2023: £333,316), broadly allocated as follows:

● Project delivery: £274,202 (47%)

RHC invested in new accounting software in 2024, improving systems and reporting. Some 2023 figures have been re-analysed for consistency with SORP categories, but overall figures remain the same as published in 2023.

The charity ended the year with total funds of £207,798 (2023: £243,926) of which £151,108 (2023: £136,172) is unrestricted. The trustees are content that this is a good position to build on for the coming year.

After the end of the reporting period but before the accounts were authorised for issue, RHC was notified that it was not successful in its submission to DEFRA to move to the Implementation Phase of the project. The charity is now actively seeking funding from other sources to facilitate the phased delivery of aspects of the plans already developed for the River Holme Catchment.

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River Holme Connections Trustees’ annual report for the year ended 31 December 2024

Reserves policy

The aim of the reserves policy is to ensure that the charity’s ongoing and future activities are reasonably protected from unexpected fluctuations in its income and expenditure. The board reviewed the reserves policy and agreed that a minimum level of unrestricted funds equal to or greater than three months operating expenses is appropriate given the risks faced by the charity and the sustainability of its different income streams.

Total unrestricted reserves at the year end were £151,108 (2023: £136,171), of which £78,747 (2023: £44,417) are designated for specified purposes, leaving £72,361 (2023: £91,754) free general reserves.

Analysis of designated funds being held: Fixed Assets £14,401, Volunteer Projects £6,870, Education £13,232, Staff Reserves £44,244.

The trustees consider the reserves sufficient to fund day to day operations and manage unforeseen circumstances at the current time and can confirm the designated staff reserves of £44,244 cover the minimum three months operating expenses required.

Plans for the Future

The charity has grown in size and complexity over recent years and with this in mind the trustees made the decision to recruit a Chief Executive Officer to strengthen leadership capacity. Early 2025 will welcome the arrival of Rosslyn Colderley as CEO to this post.

Short-term plans include:

● Continue to monitor water quality & provide volunteers access to water quality chemical analysis test kits.

Long-term, RHC will:

● Create extensive habitat networks and improve grasslands across the Holme Valley.

● Strengthen volunteer training and engagement.

● Build partnerships with landowners, businesses, Yorkshire Water, Defra and other stakeholders to support the catchment vision.

Structure, governance and management

RHC is a Charitable Incorporated Organisation (CIO), registered on 7 October 2015 and is governed by its constitution.

Trustees give their time voluntarily and receive no financial benefits from the charity for their work in that capacity. Any expenses reclaimed from the charity are disclosed in note 12 of the accounts. Trustee recruitment is ongoing, supported by annual skill audits. Prospective trustees are invited to attend a board meeting as observers and upon election to the board receive induction and training where appropriate.

The board of trustees retains ultimate responsibility and delegates day-to-day management of the charity to the River Interventions Manager, Office Manager and Project Manager for Nature’s Holme. Working groups chaired by trustees make recommendations to the board.

The board meets 4 times a year.

Related Parties

RHC work in collaboration with other organisations in pursuit of its aims and objectives. It works with the White Rose Forest (WRF) in order to plants trees and hedgerows in the catchment area to improve biodiversity. RHC also works in collaboration with the Colne and Calder River Trust on Riverfly Monitoring and with Yorkshire Water to improve biodiversity and the health of the river landscape.

No related party transactions took place in the year other than those disclosed in the notes to the accounts.

Remuneration Policy for Key Management Personnel

No trustees receive remuneration. The pay of key management personnel, including that proposed for the CEO, is benchmarked against similar sized environmental charities, and is reviewed and approved by the board of trustees annually.

Risk Management

The trustees have considered the major risks to which the charity is exposed and are satisfied that systems and procedures are in place to manage them. They regularly review RHC’s Strategic Risk Register to monitor risks to the charity’s operations, projects, finances, and reputation.

Key risks include:

Financial sustainability – mitigated through funding, reserves and income generation planning.

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River Holme Connections Trustees’ annual report for the year ended 31 December 2024

Operational capacity - mitigated through recruitment, training and volunteer engagement.

Project delivery – mitigated through SMART (Specific, Measurable, Achievable, Relevant, Time-bound) planning, resourcing, and oversight.

Data protection – mitigated through GDPR policies, training and ongoing reviews.

Strategic partnerships - mitigated through proactive partner engagement and trustee oversight.

Volunteer safety - mitigated through risk assessments, safety training, clear protocols, and supervision.

The board is confident that appropriate systems, policies, and monitoring arrangements are in place to manage these risks effectively, ensuring the charity can continue to deliver its objectives for the public benefit.

Restricted Funds

Restricted funds are held for specific projects in line with donor requirements. These are drawn down as projects progress. For medium and long-term projects such as woodland creation, funds may be carried forward for several years to support establishment and maintenance.

RHC does not act as custodian trustee for the assets of any other charity

Statement of Trustees’ Responsibilities

The trustees are responsible for preparing the trustees’ annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

The trustees’ annual report has been approved by the trustees on and signed on their behalf by 10 / 10 / 2025

Susan Lee-Richards

Trustee

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River Holme Connections Independent examiner’s report to the trustees for the year ended 31 December 2024

I report on the accounts of the charity for the year ended 31 December 2024 set out on pages 8 to 28.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed. The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of The Institute of Chartered Accountants of Scotland.

It is my responsibility to:

Basis of independent examiner’s statement

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Other matters

Your attention is to drawn to the fact that the charity has prepared the accounts (financial statements) in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.

We understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

  1. which gives me reasonable cause to believe that, in any material respect, the requirements:

    • to keep accounting records in accordance with section 130 of the Charities Act; and

    • to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act

  2. have not been met; or

  3. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

10 / 10 / 2025

Kate Adderley CA

Third Sector Accountancy Limited

Holyoake House Hanover Street

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River Holme Connections

Statement of Financial Activities

for the year ended 31 December 2024

Unrestricted
funds
Note
£
Income from:
Donations and legacies
3
26,472
Charitable activities
4
44,935
5
4,331
Investments
6
2,163
Total income
77,901
Expenditure on:
Raising funds
7
2,129
Charitable activities
8
60,835
Total expenditure
62,964
10
14,937
Transfer between funds
-
Net movement in funds for the year
14,937
Reconciliation of funds
Total funds brought forward
136,171
Total funds carried forward
151,108
Net income/(expenditure) for the year
Other trading activities		 Restricted
funds
£
5,600
458,768
-
-
464,368
-
515,433
515,433
(51,065)
-
(51,065)
107,755
56,690		 Total funds
2024
£
32,072
503,703
4,331
2,163
542,269
2,129
576,268
578,397
(36,128)
-
(36,128)
243,926
207,798		 Unrestricted
funds
£
25,167
34,694
3,432
1,303
64,596
2,243
164,818
167,061
(102,465)
103,694
1,229
134,943
136,172		 Restricted
funds
£
37,129
229,004
-
-
266,133
-
166,255
166,255
99,878
(103,694)
(3,816)
111,570
107,754		 Total funds
2023
£
62,296
263,698
3,432
1,303
330,729
2,243
331,073
333,316
(2,587)
-
(2,587)
246,513
243,926

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

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River Holme Connections

Balance sheet as at 31 December 2024

----- Start of picture text -----
Note 2024 2023
£ £ £ £
Fixed assets
Tangible assets 15 14,401 15,000
Total fixed assets 14,401 15,000
Current assets
Debtors 16 6,662 7,959
Cash at bank and in hand 320,998 229,387
Total current assets 327,660 237,346
Liabilities
Creditors: amounts falling
due in less than one year 17 (134,263) (8,420)
Net current assets 193,397 228,926
Total assets less current liabilities 207,798 243,926
Net assets 207,798 243,926
The funds of the charity:
Unrestricted funds 20 151,108 136,171
Restricted funds 19 56,690 107,755
Total charity funds 207,798 243,926
----- End of picture text -----

For the year in question, the charity was entitled to exemption from an audit under section 144 of the Charities Act 2011. The Charity Commission has not ordered an audit to be carried out under Section 146 of Charities Act 2011.

The notes on pages 11 to 28 form part of these accounts.

10 / 10 / 2025 Approved by the trustees on ............................... and signed on their behalf by:

Susan Lee-Richards (Trustee)

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River Holme Connections

Statement of Cash Flows for the year ending 31 December 2024

----- Start of picture text -----
|||| |---|---|---| |Note|2024| |£| |Cash provided by/(used in) operating activities|22|97,593| |Cash flows from investing activities:| |Dividends, interest, and rents from investments|2,163| |Purchase of tangible fixed assets|(8,145)| |Cash provided by/(used in) investing activities|(5,982)| |Increase/(decrease) in cash and cash| |equivalents in the year|91,611| |Cash and cash equivalents at the beginning of the year|229,387| |Cash and cash equivalents at the end of the year|320,998|

----- End of picture text -----

A cashflow statement was not required last year as they were a small charity.

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River Holme Connections

Notes to the accounts for the year ended 31 December 2024

1 Accounting policies

The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

a Basis of preparation

The accounts (financial statements) have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2019.

The accounts (financial statements) have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following 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) issued in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 A il 200 hi h h i b i hd

River Holme Connections meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.

The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £ sterling.

b Judgments and estimates

The trustees have made no key judgments which have a significant effect on the accounts.

The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next reporting period.

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

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River Holme Connections

Notes to the accounts for the year ended 31 December 2024 (continued)

d Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred

Income received in advance of a provision of a specified service is deferred until the criteria for income recognition are met.

e Donated services and facilities

Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), general volunteer time is not recognised; refer to the trustees’ annual report for more information about their contribution.

On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

f Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.

g Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of charity.

Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose.

Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity’s work or for specific projects being undertaken by the charity.

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River Holme Connections

Notes to the accounts for the year ended 31 December 2024 (continued)

h Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance, personnel, payroll and governance costs which support the charity's programmes and activities. These costs have been allocated to expenditure on charitable activities.

j Tangible fixed assets

Individual fixed assets costing £300 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis as follows:

Plant and machinery 20%
Fixtures and fittings 33%
Motor vehicles 25%

k Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

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River Holme Connections

Notes to the accounts for the year ended 31 December 2024 (continued)

m Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

n Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

o Pensions

Employees of the charity are entitled to join a defined contribution workplace pension scheme. The charity’s contribution is restricted to the contributions disclosed in note 11. There were no outstanding contributions at the year end.

The charity is a Charitable Incorporated Organisation registered in England and Wales and has no share capital. The registered office address is disclosed on page 1.

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River Holme Connections

Notes to the accounts for the year ended 31 December 2024 (continued)

Donations
Donated services
Total
4
Income from charitable activities
Contracts and grants
Total		 Unrestricted
£
24,472
2,000
26,472
Unrestricted
£
44,935
44,935		 Restricted
£
5,600
-
5,600
Restricted
£
458,768
458,768		 Total 2024
£
30,072
2,000
32,072
Total 2024
£
503,703
503,703		 Unrestricted
£
25,167
-
25,167
Unrestricted
£
34,694
34,694		 Restricted
£
37,129
-
37,129
Restricted
£
229,004
229,004		 Total 2023
£
62,296
-
62,296
Total 2023
£
263,698
263,698

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River Holme Connections

Notes to the accounts for the year ended 31 December 2024 (continued)

5
Income from other trading activities
Calendar sales
Total
6
Investment income
Other investment income
Total		 Unrestricted
£
4,331
4,331
Unrestricted
£
2,163
2,163		 Restricted
£
-
-
Restricted
£
-
-		 Total 2024
£
4,331
4,331
Total 2024
£
2,163
2,163		 Unrestricted
£
3,432
3,432
Unrestricted
£
1,303
1,303		 Restricted
£
-
-
Restricted
£
-
-		 Total 2023
£
3,432
3,432
Total 2023
£
1,303
1,303

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River Holme Connections

Notes to the accounts for the year ended 31 December 2024 (continued)

7
Cost of raising funds
Unrestricted
£
Consultancy
704
Cost of goods sold
1,425
Total
2,129
8
Analysis of expenditure on charitable activities
Staff costs
Subcontract payments
Materials and equipment
Depreciation
Support costs (see note 9)
Governance costs (see note 9)
Restricted expenditure
Unrestricted expenditure		 Restricted
£
-
-
-		 2024
£
704
1,425
2,129
Total 2024
£
187,500
274,202
37,909
7,486
65,373
3,798
576,268
515,433
60,835
576,268		 Unrestricted
£
891
1,352
2,243		 Restricted
£
-
-
-		 2023
£
891
1,352
2,243
Total 2023
£
118,229
139,630
20,995
6,102
45,037
1,080
331,073
166,255
164,818
331,073

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River Holme Connections

Notes to the accounts for the year ended 31 December 2024 (continued)

9 Analysis of governance and support costs

Staff costs
Premises
Administrative overheads
Professional fees
Depreciation		 Support
£
13,898
11,074
38,078
1,140
1,183
65,373		 Governance
£
-
-
-
3,798
-
3,798		 Total 2024
£
13,898
11,074
38,078
4,938
1,183
69,171		 Support
£
15,459
7,423
15,954
766
5,435
45,037		 Governance
£
-
-
-
1,080
-
1,080		 Total 2023
£
15,459
7,423
15,954
1,846
5,435
46,117

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Notes to the accounts for the year ended 31 December 2024 (continued)

This is stated after charging/(crediting):
Depreciation
Loss/(profit) on disposal of fixed assets
Staff costs
Staff costs during the year were as follows:
Wages and salaries
Social security costs
Pension costs
Allocated as follows:
Charitable activities
Support costs
Independent examiner's fee		 2024
£
8,669
75
2,080
2024
£
184,964
12,184
4,250
201,398
187,500
13,898
201,398		 2023
£
11,537
-
2,294
2023
£
125,307
5,628
2,753
133,688
118,229
15,459
133,688

11 Staff costs

No employees has employee benefits in excess of £60,000 (2023: Nil).

The average number of staff employed during the period was 7 (2023: 6).

The key management personnel of the charity comprise the trustees, the River Interventions Manager and the Finance Manager. The total employee benefits of the key management personnel of the charity were £64,736.

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Notes to the accounts for the year ended 31 December 2024 (continued)

12 Trustee remuneration and expenses, and related party transactions

Neither the trustees nor any persons connected with them received any remuneration or reimbursed expenses during the year (2023: Nil).

Aggregate donations from related parties were £24,610 (2023: £49,250).

There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.

During the year, the charity paid AKB Environmental Limited £24,320 for project management services, on normal commercial terms (2023: £Nil). Adrian Barraclough, a trustee of the charity, is also the director of AKB Environmental Limited.

No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity, including guarantees, during the year (2023: Nil).

13 Government grants

The government grants recognised in the accounts were as follows:

Kirklees Council 2024
£
82,761
82,761		 2023
£
100,443
100,443

There were no unfulfilled conditions or contingencies attaching to the grants.

14 Corporation tax

The charity is exempt from tax on income and gains falling within Chapter 3 of Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the charity.

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Notes to the accounts for the year ended 31 December 2024 (continued)

15 Fixed assets: tangible assets

Cost
Additions
Disposals
Depreciation
Charge for the year
Disposals
Net book value
16
Debtors
Trade debtors
Prepayments and accrued income
At 1 January 2024
At 31 December 2023
At 31 December 2024
At 1 January 2024
At 31 December 2024
At 31 December 2024		 Plant &
Machinery
£
18,780
7,080
(1,551)
24,309
16,723
1,433
(1,476)
16,680
7,629
2,057		 Fixtures &
Fittings
£
18,172
1,065
(3,684)
15,553
12,007
3,847
(3,684)
12,170
3,383
6,165
2024
£
1,350
5,312
6,662		 Motor
Vehicles
£
13,556
-
-
13,556
6,778
3,389
-
10,167
3,389
6,778
2023
£
2,572
5,387
7,959		 £
50,508
8,145
(5,235)
53,418
35,508
8,669
(5,160)
39,017
14,401
15,000
Total

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Notes to the accounts for the year ended 31 December 2024 (continued)

17 Creditors: amounts falling due within one year

Trade creditors
Other creditors and accruals
Deferred income
Taxation and social security costs
18
Deferred income
Deferred grant brought forward
Grant received
Released to income from charitable activities
Deferred grant carried forward		 2024
£
26,261
2,496
101,617
3,889
134,263
2024
£
6,984
99,997
(5,364)
101,617		 2023
£
356
1,080
6,984
-
8,420
2023
£
7,645
6,360
(7,021)
6,984

Deferred income relates to multi-period grants where obligations continue into 2027.

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Notes to the accounts for the year ended 31 December 2024 (continued)

19 Analysis of movements in restricted funds

Future Projects
Longley Fund
Neighbourly Fund
Postcode Neighbour
Riverside Way
Water Conservators
WRF
Hirst Brierley Fund
YWT INNS Bio-Security
Ludhill NFM
Total
BGCT Tree
Maintenance
Co-op Local
Community Fund
Nature's Holme /
Landscape Recovery
One Community
Quarterly Fund
One Community
Thornton Family Funds
River Ranger / River
Stewardship
Yorkshire Water -
Water Vole
Zero Waste
Community Grant
Community Grants
Program
Bright Green
Community Trust
(BGCT)		 Balance at 1
January
2024
£
-
2,725
2,016
57,912
(8)
(8,392)
5
(35)
750
2,351
10,905
3,257
5,500
30,769
-
-
-
-
-
-
107,755		 Income
£
1,000
-
-
5,600
-
366,987
-
-
-
-
-
-
-
81,761
1,991
1,000
500
1,341
4,188
-
464,368		 Expenditure
£
-
(2,725)
(2,016)
(13,226)
8
(365,915)
(5)
35
(750)
(2,351)
-
(3,257)
(5,500)
(112,530)
(1,991)
(468)
(500)
-
(4,188)
(54)
(515,433)		 Transfers
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Balance at 31
December
2024
£
1,000
-
-
50,286
-
(7,320)
-
-
-
-
10,905
-
-
-
-
532
-
1,341
-
(54)
56,690

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Notes to the accounts for the year ended 31 December 2024 (continued)

Comparative period

Future Projects
Longley Fund
Neighbourly Fund
Postcode Neighbour
Riverside Way
Water Conservators
WRF
Sundry
Total
Yorkshire Water
Community Fund
One Community
Thornton Family Funds
River Ranger / River
Stewardship
Yorkshire Water -
Water Vole
Bright Green
Community Trust
(BGCT)
BGCT Tree
Maintenance
Co-op Local
Community Fund
Nature's Holme /
Landscape Recovery
One Community
Quarterly Fund		 Balance at 1
January
2023
£
2,000
-
-
20,783
998
(20)
-
714
-
-
19,155
22,236
750
45,254
-
(488)
189
111,571		 Income
£
-
2,975
3,397
37,129
-
82,283
400
1,000
-
18,397
-
10,359
5,750
100,443
4,000
-
-
266,133		 Expenditure
£
(608)
-
(181)
-
-
(33,234)
(395)
(1,138)
-
(5,796)
-
(25,095)
-
(99,809)
-
-
-
(166,256)		 Transfers
£
(1,392)
(250)
(1,200)
(1,006)
(57,421)
-
(611)
750
(10,250)
(8,250)
(4,243)
(1,000)
(15,119)
(4,000)
488
(189)
(103,693)		 Balance at
31 December
2023
£
-
2,725
2,016
57,912
(8)
(8,392)
5
(35)
750
2,351
10,905
3,257
5,500
30,769
-
-
-
107,755

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Notes to the accounts for the year ended 31 December 2024 (continued)

Name of Description, nature and purposes of the fund
restricted fund
Bright Green The Bright Green Community Trust reserve was created by a donation from One
Community Trust Community Foundation and will be utilised for staff time to run community
(BGCT) tree/hedge scheme maintenance days, to purchase native trees/hedge plants
and tree protection materials (tree guards and stakes) as well as volunteer PPE
and tools
Co-op Local Funding was received to enable us to carry out practical conservation task days
Community Fund with the local community. Training events in wildflower identification and hedge
laying will be run for volunteers.
Future Projects The Future Projects Fund was created by an individual donor to support staff
time and capital needs for agreed core objectives, enable initiatives without
other funding, and cover shortfalls in existing projects where incomplete
delivery could result in negative environmental impacts.
Longley Fund The Longley Fund reserve was created by a donation from the One Community
Foundation and will be utilised to contribute to staff time carrying out tree and
hedge maintenance work over 6 sites in the Holme valley.
Nature's Holme / Nature's Holme is a project that aims to restore 2800ha of the landscape in the
Landscape Recovery Holme Valley, Yorkshire. One of 22 nationally important projects funded by
DEFRA, a collection of organisations and over 20 landowners have come
together to plan and design interventions to improve water quality and increase
biodiversity throughout the River Holme catchment. Nature's Holme intends to
boost wider access opportunities for everyone, improve biodiversity and help
Kirklees become net zero. It aims to achieve this by exploring river restoration
opportunities, woodland creation, peatland restoration, accessible routes,
wildflower meadow creation and natural flood management works such as
Neighbourly Fund d t
t
t
Funding was received to purchase new tools and materials such as wildflower
seed and root grow, to support volunteering activities and environmental
improvements.
One Community The One Community reserves were created by funding from the One Community
Foundation and will be used to contribute to materials and staff time in
supporting volunteers carry out practical conservation tasks.
Postcode Neighbour Funding was received for the "River Guardians" project to train and equip our
volunteer team and to enable the charity to carry out practical conservation
days with our volunteer team and local community groups.
River Ranger / River The River Ranger/River Stewardship Fund was created through an individual
Stewardship donation to support the salary of a new staff member.
Riverside Way The Riverside Way reserve was created by donations and will be utilised to
improve the Riverside Way.
Water Conservators The Water Conservators Trust reserve was created by funding from The Water
Conservators Trust and will be utilised for the Mayfly in the Classroom education
project.
WRF (The White Rose The White Rose Forest reserve was created by funding from the White Rose
Forest) Forest. It was utilised in tree planting, tree scheme maintenance and purchase
of native trees/hedge plants and the installation of fences.

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Notes to the accounts for the year ended 31 December 2024 (continued)

Name of Description, nature and purposes of the fund restricted fund

Yorkshire Water - The Yorkshire Water Water Vole project reserves was created by funding from Water Vole Yorkshire Water and was utilised to carry out water vole/ American mink surveys in the catchment. Zero Waste The Zero Waste Community Grant reserve was created by a donation from Community Grant Kirklees Council and will be utilised to pay for tree guard haulage and the purchase of bulk bags for collection to help us recycle old tree guards and spirals from our hedge and tree schemes. Community Grants The Community Grants Program reserve was created by a donation from the Program One Community Foundation and will be used to contribute to insurance costs for the charity. Hirst Brierley Fund The Hirst Brierley Fund reserve was created by a donation from the One Community Foundation and will be utilised for staff time and to run volunteer sessions removing Himalayan balsam in the Holme Valley, specifically in Meltham and Hade Edge. YWT INNS Bio-Security The YWT INNS Bio-Security reserve was created by a donation from Yorkshire Wildlife Trust and will be used to expand our existing Himalayan balsam control programme to three new source sites in the Holme catchment in 2024. Ludhill NFM The Ludhill NFM reserve was created in anticipation of a donation from Kirklees Council and will be utilised to engage with landowners in the Ludhill Dike subcatchment to develop, design and deliver NFM interventions.

20 Analysis of movement in unrestricted funds

Designated fund - fixed
assets
Designated fund -
education
General fund
Designated fund - staff
reserves
Designated fund -
volunteer projects		 Balance at 1
January
2024
£
91,754
13,232
31,185
-
-
136,171
 Income
£
56,547
-
13,059
8,295
-
77,901		 Expenditure
£
(61,539)
-
-
(1,425)
-
(62,964)		 Transfers
£
(14,401)
-
-
-
14,401
-		 As at 31
December
2024
£
72,361
13,232
44,244
6,870
14,401
151,108

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Notes to the accounts for the year ended 31 December 2024 (continued)

Comparative period
Designated fund -
Education
Designated fund - Staff
reserves
General fund		 Balance at
1 January
2023
£
134,657
286
-
134,943		 Income
£
64,495
100
-
64,595		 Expenditure
£
(166,624)
(437)
-
(167,061)		 Transfers
£
59,226
13,283
31,185
103,694		 As at 31
December
2023
£
91,754
13,232
31,185
136,171

Name of unrestricted fund

Description, nature and purposes of the fund

General fund The free reserves after allowing for all designated funds Designated fund - The Education Fund is a designated reserve established to provide provide education financial support for the development and delivery of educational projects, resources, workshops, and community engagement activities in line with the organisation’s charitable objectives.

Designated fund - staff The Staff Reserves Fund is a designated reserve established in accordance with reserves the organisation’s constitution to ensure financial stability in meeting staffrelated commitments. Designated fund - The Volunteer Fund is a designated reserve derived from unrestricted income, volunteer projects created to support volunteer-led activities and to recognise and empower the vital contribution of volunteers within the organisation with spending decisions guided by agreed criteria and volunteer input. Designated fund - fixed The fixed assets are essential for the future operation of the charity and so are assets excluded from free reserves.

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Notes to the accounts for the year ended 31 December 2024 (continued)

21 Analysis of net assets between funds

Tangible fixed assets
Net current assets/(liabilities)
Total
Comparative period
Tangible fixed assets
Net current assets/(liabilities)
Total		 General
fund
£
-
72,361
72,361
General
fund
£
15,000
76,754
91,754		 Designated
funds
£
14,401
64,346
78,747
Designated
funds
£
-
44,417
44,417		 Restricted
funds
£
-
56,690
56,690
Restricted
funds
£
-
107,755
107,755		 Total 2024
£
14,401
193,397
207,798
Total 2023
£
15,000
228,926
243,926
Net income/(expenditure) for the year
Adjustments for:
Depreciation charge
Loss/(profit) on sale of fixed assets
Dividends, interest and rents from investments
Decrease/(increase) in debtors
Increase/(decrease) in creditors
Net cash provided by/(used in) operating activities		 2024
£
(36,128)
8,669
75
(2,163)
1,297
125,843
97,593

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