``` REGISTERED CHARITY NUMBER: 1195746 ``` ## **`REPORT OF THE TRUSTEES AND`** ``` UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 ``` ## **`FOR`** ## **`THE R & A RIVERDELL TRUST`** ``` LMDB Accountants Chartered Certified Accountants Railview Lofts 19c Commercial Road Eastbourne East Sussex BN21 3XE ``` ``` THE R & A RIVERDELL TRUST ``` ## **`CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025`** ||**`Page`**| |---|---| |**`Report of the Trustees`**|`1 to 2`| |**`Independent Examiner's Report`**|`3`| |**`Statement of Financial Activities`**|`4`| |**`Balance Sheet`**|`5`| |**`Notes to the Financial Statements`**|`6 to 11`| ``` THE R & A RIVERDELL TRUST ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5 APRIL 2025`** ``` Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyear ended 5April2025.ThetrusteeshaveadoptedtheprovisionsofAccountingandReportingby Charities: StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordance with the FinancialReportingStandardapplicablein the UK and Republicof Ireland(FRS 102)(effective1 January 2019). ``` ## **`OBJECTIVES AND ACTIVITIES Objectives and aims`** ``` The objectives of the charity are: ``` ``` - The educationof the generalpublicincludingthe promotionof the studyand appreciationof agriculture, land management, ecology and conservation, and ``` ``` -Advancementofthewelfareandconservationofanimalsincrisisordistressandpreventingcruelty and suffering to domestic or wild animals. ``` ## **`Significant activities`** ``` Duringthe periodthe charity'smain activityhas been the identificationof worthwhilegoodcausesand the making of grants to said causes. ``` ``` Wearecurrentlyinvestigatingthefutureopportunitytohelpfundprojectsnearertoourlocalarea, by contacting local parish councils, to determine what funding we could offer. ``` ## **`Public benefit`** ``` Thetrusteeshaveresearchedwaysofmaximisingincomesoastobenefitgoodcausesand have consideredcharitiesthatmaywishtobesupportedinfutureperiods,withdueregardforthe guidance issued by the Charity Commission on public benefit. ``` ## **`ACHIEVEMENTS AND PERFORMANCE`** ## **`Charitable activities`** ``` Wecontinuetoreceivenumerousapplicationsforfunding,andhavebeenabletohelpadiverserange of charities, despite preferring our charity to support more rural or agricultural projects. ``` ## **`FINANCIAL REVIEW`** ## **`Financial position`** ``` Thecharity'sreservesgeneratedsufficientincometomeettheoperatingcostsand grantsmadein period. Thecharityhashoweverrecognisedafallinthemarketvalueofitsinvestmentintheperiodof £20,995 resulting in an overall reduction in reserves in the period £6,892. ``` ``` At the balancesheet date the charityheld over£101,000of cash at bank and liquid investmentsto provide liquidityfor futuregrantsand donations.Theremainderof funds are held in an investmentportfolio, which willprovideanincomereturntosupportthecharityandalsoensureappropriateliquiditytomeet grant making objectives. ``` ## **`Reserves policy`** ``` The trusteeshave examinedthe charity'sneed for reservesin the light of the main risk to the organisation, namelyafallininvestmentincome.Theyaredevelopingapolicywherebyunrestrictedfundsshould be able to generate an income to support grant making objectives, ``` ``` Page 1 ``` ``` THE R & A RIVERDELL TRUST ``` ## **`REPORT OF THE TRUSTEES`** ## **`FOR THE YEAR ENDED 5 APRIL 2025`** ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Governing document`** ``` Thecharityiscontrolledbyitsgoverningdocument,adeedoftrustandconstitutesan unincorporated charity. ``` ## **`Recruitment and appointment of new trustees`** ``` Inselectingindividualsforappointmentascharitytrustees,thecharitytrusteesmusthaveregardto the skills, knowledge and experience needed for the effective administration of the charity. ``` ``` Newtrusteesareappointedbyameetingofthecharitytrusteesandareappointedforan unspecified term. ``` ## **`REFERENCE AND ADMINISTRATIVE DETAILS`** ## **`Registered Charity number`** ``` 1195746 ``` ## **`Principal address`** ``` Riverdell Farm Dudwell Bridge Burwash Etchingham East Sussex TN19 7DX ``` ## **`Trustees`** ``` R H Seymour P A Seymour ``` ## **`Independent Examiner`** ``` LMDB Accountants Chartered Certified Accountants Railview Lofts 19c Commercial Road Eastbourne East Sussex BN21 3XE ``` ``` Approved by order of the board of trustees on 9 January 2026 and signed on its behalf by: ``` ``` R H Seymour - Trustee ``` ``` Page 2 ``` ## **`INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE R & A RIVERDELL TRUST`** ## **`Independent examiner's report to the trustees of The R & A Riverdell Trust`** ``` I reporttothecharitytrusteesonmyexaminationoftheaccountsofTheR & A RiverdellTrust(the Trust) for the year ended 5 April 2025. ``` ## **`Responsibilities and basis of report`** ``` AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccountsin accordance with the requirements of the Charities Act 2011 ('the Act'). ``` ``` I reportin respectof myexaminationof theTrust'saccountscarriedoutunderSection145of theAct and incarryingoutmyexaminationIhavefollowedallapplicableDirectionsgivenbytheCharity Commission under Section 145(5)(b) of the Act. ``` ## **`Independent examiner's statement`** ``` Ihavecompletedmyexamination.Iconfirmthatnomaterialmattershavecometomyattention in connection with the examination giving me cause to believe that in any material respect: ``` `1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or` `2. the accounts do not accord with those records; or` `3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.` ``` Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which attentionshouldbedrawninthisreportinordertoenableaproperunderstandingoftheaccountsto be reached. ``` ``` Stuart Murray FCCA ``` ``` LMDB Accountants Chartered Certified Accountants Railview Lofts 19c Commercial Road Eastbourne East Sussex BN21 3XE ``` ``` 16 January 2026 ``` ``` Page 3 ``` ``` THE R & A RIVERDELL TRUST ``` ## **`STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2025`** |`Notes`
**`INCOME AND ENDOWMENTS FROM`**
`Investment income`
`2`
**`EXPENDITURE ON`**
`Raising funds`
`3`
**`Charitable activities`**
`4`
`Grant making`
**`Total`**
`Net gains/(losses) on investments`
**`NET INCOME/(EXPENDITURE)`**
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
**`TOTAL FUNDS CARRIED FORWARD`**|`2025`
`Unrestricted`
`fund`
`£`
`35,260`
`16,334`
`4,823`
`21,157`
`(20,995)`
`(6,892)`
`1,437,955`
`1,431,063`|`2024`
`Total`
`funds`
`£`
`24,814`| |---|---|---| |||`12,827`
`8,901`| |||`21,728`| |||`138,344`| |||`141,430`
`1,296,525`| |||`1,437,955`| ``` The notes form part of these financial statements ``` ``` Page 4 ``` ## **`THE R & A RIVERDELL TRUST`** ## **`BALANCE SHEET`** ## **`5 APRIL 2025`** |`Notes`
**`FIXED ASSETS`**
`Investments`
`8`
**`CURRENT ASSETS`**
`Cash at bank`
**`CREDITORS`**
`Amounts falling due within one year`
`9`
**`NET CURRENT ASSETS`**
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
**`NET ASSETS`**
**`FUNDS`**
`10`
`Unrestricted funds`
**`TOTAL FUNDS`**|`2025`
`Unrestricted`
`fund`
`£`
`1,429,673`
`2,577`
`(1,187)`
`1,390`
`1,431,063`
`1,431,063`
`1,431,063`
`1,431,063`|`2024`
`Total`
`funds`
`£`
`1,436,743`
`1,884`
`(672)`
`1,212`
`1,437,955`
`1,437,955`
`1,437,955`
`1,437,955`| |---|---|---| ``` ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on 9 January 2026 and were signed on its behalf by: ``` ``` R H Seymour - Trustee ``` ``` The notes form part of these financial statements ``` ``` Page 5 ``` ``` THE R & A RIVERDELL TRUST ``` ## **`NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025`** ## **`1. ACCOUNTING POLICIES`** ## **`Basis of preparing the financial statements`** ``` Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,have been preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingby Charities: StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsin accordance withtheFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS 102) (effective1January2019)',FinancialReportingStandard102'TheFinancialReporting Standard applicableintheUKandRepublicofIreland'andtheCharitiesAct2011.Thefinancial statements havebeenpreparedunderthehistoricalcostconvention,withtheexceptionofinvestments which are included at market value, as modified by the revaluation of certain assets. ``` ## **`Preparation of the accounts on a going concern basis`** ``` Thetrusteesarenotawareofanymaterialuncertaintiesaboutthecharity'sabilitytocontinueas a going concern. ``` ## **`Income`** ``` Allincomeis recognisedin theStatementofFinancialActivitiesoncethecharityhasentitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ``` ## **`Expenditure`** ``` Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation committingthe charityto that expenditure,it is probablethat a transferof economicbenefitswill be requiredinsettlementandtheamountoftheobligationcanbemeasuredreliably.Expenditure is accountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregateall cost relatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadingsthey have been allocated to activities on a basis consistent with the use of resources. ``` ``` Grantsofferedsubjecttoconditionswhichhavenotbeenmetattheyearenddatearenotedas a commitment but not accrued as expenditure. ``` ## **`Taxation`** ``` The charity is exempt from tax on its charitable activities. ``` ## **`Fund accounting`** ``` Unrestrictedfundscanbe usedin accordancewiththecharitableobjectivesat thediscretionof the trustees. ``` ``` Restrictedfunds can only be used for particularrestrictedpurposeswithin the objectsof the charity. Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedforparticular restricted purposes. ``` ``` Furtherexplanationofthenatureandpurposeofeachfundis includedin thenotestothe financial statements. ``` ## **`Financial instruments`** ``` Financialassetsandfinancialliabilitiesarerecognisedinthebalancesheetwhenthe charity becomes a party to the contractual provisions of the instrument. ``` ``` continued... ``` ``` Page 6 ``` ``` THE R & A RIVERDELL TRUST ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 5 APRIL 2025`** ## **`1. ACCOUNTING POLICIES - continued`** ## **`Financial instruments`** ``` Tradeandotherdebtorsandcreditorsareclassifiedasbasicfinancialinstrumentsandare initially measuredatinitialrecognitionattransactionprice.Debtorsandcreditorsare subsequently measuredatamortisedcostusingtheeffectiveinterestratemethod.Aprovisionis established when thereis objectiveevidencethatthe companywill not be ableto collectall amountsdue. Cash andcashequivalentsareclassifiedasbasicfinancialinstrumentsandcomprisecashatbank and short-termbank depositswith an originalmaturityof three monthsor less which are an integral part of the charity's cash management. ``` ``` Financialliabilitiesissuedbythecompanyareclassifiedinaccordancewiththesubstanceof the contractual arrangements entered into and meet the definitions of a financial liability. ``` ``` Financial assets are de-recognised when: ``` - `the contractual rights to the cash flows from the financial asset expire or are settled; or` - `the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset; or` - `the charity despite having retained some but not all significant risks and rewards of ownership, has transferred control of the asset to another party.` ``` Financialliabilitiesarede-recognisedonlywhentheobligationspecifiedinthecontract is discharged, cancelled or expires. ``` ## **`2. INVESTMENT INCOME`** |**`INVESTMENT INCOME`**||| |---|---|---| |`Investment income`
`Interest received on cash deposits`|`2025`
`£`
`31,134`
`4,126`
`35,260`|`2024`
`£`
`22,636`
`2,178`| |||`24,814`| ``` continued... ``` ``` Page 7 ``` ``` THE R & A RIVERDELL TRUST ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 5 APRIL 2025`** ## **`3. RAISING FUNDS`** ## **`Investment management costs`** |`Portfolio management`
**`CHARITABLE ACTIVITIES COSTS`**
`Grant`
`funding of`
`activities`
`£`
`Grant making`
`3,690`|`2025`
`£`
`16,334`
`Support`
`costs`
`£`
`1,133`|`2024`
`£`
`12,827`| |---|---|---| |||`Totals`
`£`
`4,823`| ## **`4. CHARITABLE ACTIVITIES COSTS`** ## **`5. TRUSTEES' REMUNERATION AND BENEFITS`** ``` Therewereno trustees'remunerationorotherbenefitsfortheyearended5 April2025norfor the year ended 5 April 2024. ``` ## **`Trustees' expenses`** ``` Therewerenotrustees'expensespaidfortheyearended5April2025norfortheyear ended 5 April 2024. ``` ## **`6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`** |**`INCOME AND ENDOWMENTS FROM`**
`Investment income`
**`EXPENDITURE ON`**
`Raising funds`
**`Charitable activities`**
`Grant making`
**`Total`**
`Net gains on investments`
**`NET INCOME`**|`Unrestricted`
`fund`
`£`
`24,814`
`12,827`
`8,901`
`21,728`
`138,344`
`141,430`| |---|---| ``` continued... ``` ``` Page 8 ``` ``` THE R & A RIVERDELL TRUST ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 5 APRIL 2025`** ## **`6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`** |**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
**`TOTAL FUNDS CARRIED FORWARD`**
**`STAFF COSTS`**
`There were no staff costs during the period.`
**`FIXED ASSET INVESTMENTS`**
**`MARKET VALUE`**
`At 6 April 2024`
`Additions`
`Disposals`
`Revaluations`
`At 5 April 2025`
**`NET BOOK VALUE`**
`At 5 April 2025`
`At 5 April 2024`
`There were no investment assets outside the UK.`
`Cost or valuation at 5 April 2025 is represented by:`|`Listed`
`investments`
`£`
`1,350,895`
`221,955`
`(221,584)`
`(20,995)`
`1,330,271`
`1,330,271`
`1,350,895`|`Cash and`
`settlements`
`pending`
`£`
`85,848`
`256,843`
`(243,289)`
`-`
`99,402`
`99,402`
`85,848`||`Unrestricted`
`fund`
`£`
`1,296,525`
`1,437,955`
`Totals`
`£`
`1,436,743`
`478,798`
`(464,873)`
`(20,995)`
`1,429,673`
`1,429,673`
`1,436,743`| |---|---|---|---|---| |||||| |||||| |||||| |||||| ``` 7.STAFF COSTS ``` ## **`8. FIXED ASSET INVESTMENTS`** |`Valuation in 2025`
`Cost`|`Listed`
`investments`
`£`
`1,330,271`
`-`
`1,330,271`|`Cash and`
`settlements`
`pending`
`£`
`-`
`99,402`
`99,402`|`Totals`
`£`
`1,330,271`
`99,402`| |---|---|---|---| ||||`1,429,673`| ``` continued... ``` ``` Page 9 ``` ``` THE R & A RIVERDELL TRUST ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 5 APRIL 2025`** ## **`9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`** |`Other creditors`
**`10.`**
**`MOVEMENT IN FUNDS`**
**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**
`Net movement in funds, included in the above`

**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**
**`Comparatives for movement in funds`**
**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`At 6.4.24`
`£`
`1,437,955`
`1,437,955`
`are as follows:`
`Incoming`
`Resources`
`resources`
`expended`
`£`
`£`
`35,260`
`(21,157)`
`35,260`
`(21,157)`
`At 6.4.23`
`£`
`1,296,525`
`1,296,525`|`2025`
`£`
`1,187`
`Net`
`movement`
`in funds`
`£`
`(6,892)`
`(6,892)`
`Gains and`
`losses`
`£`
`(20,995)`
`(20,995)`
`Net`
`movement`
`in funds`
`£`
`141,430`
`141,430`|`2024`
`£`
`672`
`At`
`5.4.25`
`£`
`1,431,063`
`1,431,063`
`Movement`
`in funds`
`£`
`(6,892)`
`(6,892)`
`At`
`5.4.24`
`£`
`1,437,955`
`1,437,955`| |---|---|---|---| ``` continued... ``` ``` Page 10 ``` ``` THE R & A RIVERDELL TRUST ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 5 APRIL 2025`** ## **`10. MOVEMENT IN FUNDS - continued`** ``` Comparative net movement in funds, included in the above are as follows: ``` |**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`24,814`
`24,814`|`Resources`
`expended`
`£`
`(21,728)`
`(21,728)`|`Gains and`
`Movement`
`losses`
`in funds`
`£`
`£`
`138,344`
`141,430`
`138,344`
`141,430`| |---|---|---|---| ## **`11. RELATED PARTY DISCLOSURES`** ``` During the period there were no related party transactions. ``` ``` Page 11 ```