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2025-03-31-accounts

Trustees’ Annual Report for the period Trustees’ Annual Report for the period Trustees’ Annual Report for the period Trustees’ Annual Report for the period Trustees’ Annual Report for the period Trustees’ Annual Report for the period
Period start date Period end date
From To
1st April 2024 31st March 2025

SECTION A:

REFERENCE AND ADMINISTRATION DETAILS

Charity name Charity name Charity name The Mahseer Trust The Mahseer Trust The Mahseer Trust The Mahseer Trust
Other names charity is known by N/A
Registered charity number (if any) 1167056
Charity’s principal address Capel Saron
School Road
Fairbourne
Gwynedd
LL38 2RQ
Names of the charity trustees who manage the charity
Trustee name Office (if any) Dates acted, if not for the
whole year		 Mechanism of appointment
Adrian Pinder Chair Whole year Majority vote of trustees
Ian Pett Treasurer Whole year Majority vote of trustees
Andrew Harrison Secretary Whole year Majority vote of trustees
Derek D’Souza India Regional Lead Whole year Majority vote of trustees
Names of the trustees for the charity, if any (For example, any custodian trustees)
Name Dates acted, if not for the whole year
N/A
Names and addresses of advisors (Optional information)
Type of advisor Name Address
Freshwater ecosystem services Dr Mark Everard Associate Professor of Ecosystem Services,
Universityof the West of England(UWE Bristol)
Name of Chief Executive or names of senior staff members (Optional information)
Name Dates acted, if not for the whole year Dates acted, if not for the whole year
N/A
Names and addresses of advisors (Optional information)
Type of advisor Name Address
Freshwater ecosystem services Dr Mark Everard Associate Professor of Ecosystem Services,
Universityof the West of England(UWE Bristol)
Name of Chief Executive or names of senior staff members (Optional information)

Page 1 of 6

Steve Lockett (Chief Executive)

SECTION B: STRUCTURE, GOVERNANCE AND MANAGEMENT STRUCTURE, GOVERNANCE AND MANAGEMENT
Description of the charity’s trusts
Type of governing document
(e.g. Trust Deed, Constitution)		 Constitution, last amended 12/05/2016
How the charity is constituted
(e.g. Trust, Association, Company)		 Charitable Incorporated Organisation (CIO)
Trustee selection methods
(e.g. appointed by, elected by)		 Majority vote by existing trustees
Additional governance issues (Optional information)
Youmay chooseto include additional
information, where relevant, about:
●
policies and procedures adopted
for the induction and training of
trustees;
●
the charity’s organisational
structure and any wider network
with which the charity works;
●
relationship with any related
parties;
●
trustees’ consideration of major
risks and the system and
procedures to manage them.		 The charity is run entirely on a voluntary basis, with no paid employees.
The organisational structure comprises a number of positions:
● Trustees(‘Members’ of the CIO)
Responsible for management of the charity and all decisions.
Only trustees having voting rights at board level.
● Officers
Support the charity’s objectives and closely involved with
planning, but no voting rights at board level.
● Advisors
Support the charity’s objectives and provide advice on planning
and other matters, but no voting rights at board level.
● Patrons
Support the charity’s objectives and assist with raising the
profile of Mahseer Trust, but no voting rights at board level.
● Honorary Members
Formally recognised by the trustees as contributing significantly
to the charity’s objectives, but no voting rights at board level.
● Supporters
Individuals who pay an annual or one-off (lifetime) subscription
to the charity to support the charity’s objectives, but no voting
rights at board level.
Trustees receive a ‘Trustee Induction Pack’, including:
● MT Governing Document
● MT Data Protection Policy
● MT Policy on the Acceptance and Refusal of Gifts and Donations
● MT Trustee Code of Governance
● MT Conflict of Interest Policy

Page 2 of 6

● MT Vulnerable People Policy
● Charity Commission ‘The Essential Trustee’
● Charity Commission guidance on Public Benefit
● MT Trustee Declaration (Sign and return)
● MT Trustee Induction Table (Sign and return)
SECTION C: OBJECTIVES AND ACTIVITIES
Summary of the Objects of the charity
set out in its Governing Document.		 The Objects of the CIO are, for the public benefit, to advance education,
and environmental protection and improvement;
(a) in countries where mahseer species are present by promoting,
sustaining and increasing individual and collective knowledge and
understanding of mahseer species, and skills and expertise in
conservation and aquaculture;
(b) in the wider world, to carry out and contribute to research to add
to the collective knowledge and understanding of the mahseer
species, their life cycle, habitat and their conservation;
(c) to contribute to the education and development of young people
by training them in conservation;
(d) to contribute to the conservation of mahseer species in their
natural environment and to encourage and assist international
knowledge transfer.
Summary of the main activities
undertaken for the public benefit in
relation to these Objects.		 With reference to the key objectives defined above:
Capacity building
● Ongoing: Continued attempts to plan an International Mahseer
Conference (IMC) 4.
Research
● April 2024: Research project to sequence whole genome of the
Critically Endangered hump-backed mahseer,Tor remadevii
discussions ongoing.
● May 2024: Discussions on mahseer of Sri Lanka with Gayan
Nadeela Hirimuthugoda, University of Peridenya.
● June 2024: Project planning discussions with Vidyadhar Atkore,
Salim Ali Centre for Ornithology and Natural History (SACON).
● July 2024: Steve Lockett initiates discussion on common habitat
needs of mahseers, otters and freshwater crabs and steps to raise
funding for research. Team includes SL, Gopakumar Menon (River
Otter Conservancy), A Biju Kumar (University of Kerala) and
Smrithy Raj (University of Kerala).

Page 3 of 6

Education and Outreach

International knowledge transfer

We confirm the Trustees have had regard to the Charity Commission’s guidance on Public Benefit

Page 4 of 6

Additional details of objectives and activities (Optional information)

You may choose to include further April 2024: agreed a timetable of internal policy review statements, where relevant, about:

SECTION D: ACHIEVEMENTS AND PERFORMANCE ACHIEVEMENTS AND PERFORMANCE
Summary of the main achievements of
the charity during the year
SECTION E: FINANCIAL REVIEW
Brief statement of the charity’s policy
on reserves.		 The Mahseer Trust maintains an operational reserve of £5,000 (five
thousand pounds), which is deemed sufficient to meet any terminal
liabilities that might arise on the closure of the Trust.
These funds are held in a bank account. Future levels of reserves will be
determined in accordance with any changes in the Trust's liabilities arising
from changes in its levels of activity and expenditure.
Details of any funds materially in deficit N/A
Further financial review details (Optional information)
Youmay chooseto include additional
information, where relevant about:
● the charity’s principal sources of
funds (including any fundraising);
● how expenditure has supported
the key objectives of the charity;
● investment policy and objectives
including any ethical investment
policy adopted.		 Income in the Trust’s operational year 2024-25 totalled £998.10. This
comprised one Donation of £20.00, £60.00 from an ongoing Supporter
Subscription, bank interest of £840.36 and reimbursed Gift Aid of
£77.74.
Expenditure in the Trust’s operational year was predominantly in India
and totalled £5,663.05, comprised of £3,872.47 on the Genetic
Sequencing Project, £667.86 on translating, publishing, printing and
distributing the Malayalam edition of The Tiger of the River children’s
book in Kerala, £349.75 for expenses incurred in participating in the 4th
Odisha Rivers Conference, £282.60 for expenses incurred in participating
in the Pune Education/ Awareness events and the Goa Book Festival,
£153.40 for the crating and delivery of our cased 19thcentury
Humpbacked Mahseer Specimen donated to The Natural History
Museum to extract DNA samples for their Ancient DNA project (in
partnership with Bournemouth University), £59.99 for the annual license
for Microsoft Office software, payments of £242.86 for maintaining our
domain name and web hosting, £4.12 in PayPal fees and £30.00 in Lloyds
Bank charges for international transfers.

Page 5 of 6

In budgetary terms, this amounted to a spend of £336.97 on
Administration, £4,025.87 on Conservation Projects and £1,300.21 on
Outreach Projects.
Our current total assets are, therefore, £38,348.00. There are no known
outstandingcredits or debits.		 In budgetary terms, this amounted to a spend of £336.97 on
Administration, £4,025.87 on Conservation Projects and £1,300.21 on
Outreach Projects.
Our current total assets are, therefore, £38,348.00. There are no known
outstandingcredits or debits.
SECTION F: OTHER OPTIONAL INFORMATION
N/A
SECTION G: DECLARATION
The trustees below declare that they have approved the trustees report above.
Signed on behalf of the charity’s trustees.
Trustee 1 Trustee 2
Signatures
Full names Dr Andrew Harrison Dr Adrian Pinder
Position Secretary Chair
Date 20/01/2026 20/01/2026

Page 6 of 6

Charity Name No (if any)
The Mahseer Trust 1167056
Receipts and Payments Accounts CC16a
Period start date Period end date
For the period from 01/04/2024 To 31/03/2025

Section A Receipts and Payments

Unrestricted
funds
to the nearest £
20
60
78
840
-
-
-
-		 Unrestricted
funds
to the nearest £
20
60
78
840
-
-
-
-		 Restricted funds
to the nearest £
-
-
-
-
-
-
-
-		 Restricted funds
to the nearest £
-
-
-
-
-
-
-
-		 Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-		 Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-		 Total funds
to the nearest £
20
60
78
840
-
-
-
-		 Total funds
to the nearest £
20
60
78
840
-
-
-
-		 Last year
to the nearest £
A1 Receipts
Donations 20 - - 20 55
Supporter subscriptions 60 - - 60 280
Reimbursement 78 - - 78 -
Income 840 - - 840 650
- - - - -
- - - - -
- - - - -
- - - - -
Sub total(Gross income for AR) 998 - - 998 985
-
-		 -
-		 -
-		 -
-
A2 Asset and investment sales
- - - -
- - - - -
Sub total - - - - -
**Total receipts **
998 - - 998 985
-
337
4,026
1,300
-
-
-
-
-		 -
-
-
-
-
-
-
-
-		 -
-
-
-
-
-
-
-
-		 -
337
4,026
1,300
-
-
-
-
-
A3 Payments
Marketing - - - - -
Administration 337 - - 337 268
Conservation 4,026 - - 4,026 831
Outreach 1,300 - - 1,300 1,074
Miscellaneous - - - - -
- - - - -
- - - - -
- - - - -
- - - - -
**Sub total ** 5,663 - - 5,663 2,173
-
-		 -
-		 -
-		 -
-
A4 Asset and investment purchases
- - - -
- - - -
**Sub total ** - - - - -
**Total payments **
5,663 - - 5,663 2,173
- 4,665
-
43,013		 -
-
-		 -
-
-		 - 4,665
-
43,013
Net of receipts/(payments) - 4,665 - - - 4,665 - 1,188
A5 Transfers between funds - - - - -
A6 Cash funds lastyear end 43,013 - - 43,013 44,201
Cash funds this year end 38,348 - - 38,348 43,013

Section B Statement of assets and liabilities at the end of the period

Categories (Agree balances with R&P account(s))
Details
Paypal Account
Lloyds Bank Accounts
Total cash funds
Details
Details
Details
Details
Signature		 Unrestricted
funds
to nearest £
630
37,718
-		 Unrestricted
funds
to nearest £
630
37,718
-		 Restricted funds
to nearest £
-
-
-		 Restricted funds
to nearest £
-
-
-		 Endowment
funds
to nearest £
B1 Cash funds Paypal Account 630 - -
Lloyds Bank Accounts 37,718 - -
- - -
38,348 - -
OK
OK
Unrestricted
funds
Restricted funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
Fund to which asset
belongs
Cost (optional)
-
-
-
-
-
Fund to which asset
belongs
Cost (optional)
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
Print Name
Ian Pett
(Treasurer)
Adrian Pinder
(Chair)		 OK
Endowment
funds
to nearest £
B2 Other monetary assets -
-
-
-
-
Current value
(optional)
B3 Investment assets -
-
-
-
-
Current value
(optional)
B4 Assets retained for the
charity’s own use		 -
-
-
-
-
When due (optional)
B5 Liabilities
Date ofapproval
Signed by two trustees on behalf of all
the trustees		 Ian Pett
(Treasurer)		 03/01/2026
Adrian Pinder
(Chair)		 03/01/2026