CAxnpany registration number. 00938670 Charitv registrdtion number. 257806 The River Stour Trust Limited (A company limited by gu8rall￿) Annual Rew)rt a]d Financial Statements forthe Year Ended 31 Deccmber 2021 Burdett King Accountancy Limited Independeni Examiner 8 The Harniltons Newmarket SutTolk CB8 ONF The River Stour Trust Limited Reference and Admillistralive Details P E BrewertoD Trustees E G Barrell P E Brewerton S A Durham J D Company Secretsry J T Parkinson M J K Rogcr5 The charity is iTKOTP)r*ed in EDgJand. 257806 Ch#rity Registration f4umber Indepthdent Examill*r Burdett King AccounlanGy Limited IndependeEJt Examiner 8 The Hamilto￿5 Newrnarket Sllffolk CB8 ONF Registered Office The Grdnary Quay Lane Sudbury Suffolk COIO 2AN Compxtty Regi51ration Number 009i8670 The River Stour Trnst Limited Trustees, Report The Tn￿le¢s, who are directOf5 for the pUr[￿￿S of company law. prt5eTrt the aT￿Ual report together with the rinattcial stst¢TEJent5 Of the charitable company forthe year end￿ 31 Decernber 2021. Trustees E G Barrell P E Brewerton S A Durham R J K¢arton (Re$l￿ed 13 October 2021 } J D LunTL. Company Secretsry J T Pa￿inSOn M J K Rogers A Thomas (ReSi￿¢d 22 April 2021) Structsre? gowernxtste I￿nagement Nathre ofgO￿rnlH8 The charity is a fOTnpany ltmited by gwantre aThJ is governed by its MenM)randwn of Association and its Articles of Associatiort. Its Purpose is. to quot¢ from thai MeTnoranduTn Yhe preservatio￿ maitiiemance in good order and improvet]]ent of canals. navlgable tivets •Jd inland wate￿aYS forthe use of the publi¢.' In accordance with the Article5 of Associatio￿ the Mefflber5 of Council are electrd by a vote at the AGM. with one third retiring each year. Vacancies call k filled by app)inthi•Jt of the existillg Council. but only until the next AGM when their aapoantment musr be approved. The Council me¢ts rtgularly. at le&st six times a year. 11]e administration of the Trust by Cowjril 15 fUTrently assisted th]ough the operation of the following committee5.' Sudbury Boat Operatio￿5 - deals with b￿l￿g aGtivities from sudb1￿. Gr￿ Cornard and Great Henny. Dedham Va]¢ Boating Group . deal$ wtth boating ￿tIVItIeS between Stratforrf Si Mary. Flattord. Dedham and Cattawade. The Trust relies on volutrteers ￿ help organrse its activities and eVL￿ts, ifrKlthling kcq>ing the nawgation clear, restoring locks and other tjavigation structure4 creMiTrg the trip i¥Kts: ruDDin8 the tea room and fund-raising. The Tntst employs a small te&tn of patd staff ￿ assist in its operations including x Manager and Administrative AssistsDt overseeing ￿] day-to-day enquiries and Ttwst administratio￿ managing our venues and bookings, oordinating educational visits and outrea¢h, pmviding 5UPW)rt to the Tntsiees aNI helptng to protnote the Trust and its a¢tivi¢ies. A Caretaker atld a Cleaner cany out scheduled rasks * The Granary and Visitor Education C¢ntr¢ IVECI whi]si a Bar Manag¢r takes an operat￿n81 lead role on bar rtquirements ptimarily ftir funrtions at The Granary. Page I The River Stour Trust Limit￿1 Trnstees, Rq)ort Objettives and a¢tivities The strategy of the Tru# is broadly Thvo-fold. Fir#iy tht acttve Preservatio￿ maintenance and impEf)vement of navigation struttur¢s on the River Stour, pnllcipaily locks. S￿OndlY. education and increasing public awarenes5 and use of the Rtver Siour a5 a na%igaiiort. Th¢ Trustees believe that this approach clearly demonstra￿ th¢ publir beTKfits that the Tnjst wishes io achieve. The Trust raises fi]nds thtough regul￿ activities 2nd events. These Incl￿Je ErfTratin8 trips. s¢xial and ¢du¢ational events on and off the river. co-operation other bodies with an intrrell in the river. rental of our buildings when not in use by the Trust and atquiring land aTMI buildings whaE these pronJot¢ our aims. The Trust h&$ a policy of raising fijnds as artd when nttded for major proje¢ts. We (xFoperate with other organisations that have an interest in the Stour navRgation particuFarly the Environlnent Agency who ar¢ the navigation authority. Athievemétsts 4ndPerfornfy￿ee As 2021 began Lockdown w&% still in effrt and the Tru5t'5 activities continued io be severely curtailed. However, we did resume some Ix)at trtps from July onwards. albeii with reduced passenger numben and an enhanced cleaning and soGial distancing regime. The Tta Room al￿ re-opened with a table $￿ce operation for the outd¢y)r seating are& This brought in much [￿eded reven￿ for the second half of the season. The furlough scherne eTrabled io retsin our staffing team in readiness for the re5umplion of norn￿11ty. Our office re[naiTh￿ closed a member of staff worked ￿motelY a few hour5 a week. We gra1¢fi￿ for their efforts to keep the TTUSt licktDg over during a difficult and uncertain perio The trfftes Continu￿ to meet regularly via the online facilty of ZAXMn and %¥t also held an ouline AGM. Much-needd income VdS fdised by nEtknJing 50The of public evenW al￿1¢ wth Cowd limitations attd restrictions. These included Walk 'n' Water. cOr￿le Regats4 Pirates on the Stour and Santa Boai Rid¢s. The paddling commutsity welcotned back Sudlxry to the Sva where attendance collld signifi¢antJy increase from the previous year. W'e cotttinued to negotiate with ihe Dedham Mill Managemem Comwiy over the le￿ on Dedham Iwk and good progres5 has been rnade. We have coniinued to fitMI new sowtts of grants and fillKlin& for our restorntion projects, and also for general tnaintenance work. The VEC rebuild w&s finally tompleted and the office re• wtth new furniture and equipmertL As part of the rebuild we aliered the verdnda to pmytde a whtelchair fdmp which meant we could create more parking space. W¢ must record our thanks to The Bridge Project for offering us a flexible office le&se at their pr¢mise5 durirtg the extended peri￿4 thot the VEC w&s out of LLSe. We tontithued io n]aintain virtual ¢onw with grDUP5 such as the River Sknur User& Quay tane Tnst and Sknur Valley Education Network. In June 2020. Fen Bridge was closed ￿ knth fwi and rtyer traffjc as it dt¢Tned liable to collapse. Temporary portage were instslled to enable smaller craft a means ¢outinuiDg alon8 the navag*ion without passing under the bridge. However. this w&s a solwion for larger crali such as our trip l)oaW meaning we could not offer our trip5 a]0Tr8 this $treith of the river. Page 2 The River Stour Trnst Limited Trustees, Report In May, we were exrremely saddened by the theft of the brand-new outiN)ard that had not long been fitted to our acc¢5sible boai Francis J Batteu ffJK at Sudbw).. Tht Covid situation tnrant new outboards were in short supply but ￿ found a Secondhand 16ft disabled attess iK)at OD the markeL wthich &qme complete with a nearly new Yamaha 15 outboard. Thi$ was purchased and the engine fitted with security modificaiions to the mounting bracket as well &8 a tsmpEr alerf sy5tan. On the positive side, the pand¢TniC has meant millions of people who would otherwise have gone abroad have stayed in Britain, wth tnany of these visitÉng the Stour to picnic. paddle. carK>e and swirn. Use of the waten¥ays was one of the first perniitted activities aller lockdowD and ate delighted that people have di￿0￿cred the River Stour and its bet)¢fits as a 'blu¢ space.. On the negative side, pani¢ularly but not exclustyely in the Dedham aro the increased canoe. kayak, paddleboard and wtld swrntning ￿tiVitieS placed ￿l¢ll0n5 on our abilty kn safely 0￿rate Fvat irips. This alongside the weed 8roMth and silting in the river which have made navigating difficult for our crews. Whilst in¢rea%d rtver traffic is causithg us probletns. we have to recognise that we are Jn fact victims of our ow success, because if it was not for the TnL￿ fighting the wop)sd extinguishing of t￿ public right of Navigalion on the Stour from s￿1b￿ry to Catt&wade in 1975. rt￿￿¢ would be allowed to use it today. A5 restrictions were lifted ￿WardS the end of the year, we b¢gan to facilitate b(x)king5 for The Grdnary. This entailed liaising with the Quay Theatre as they hwj errcted a wuee and we needed to b¢ mindful of noise Sllterference from our venue. Howtver. many funaions (particularly wddiDg51 were postponed. We a]so itwe5ted in simple to ￿ ¢ard readeT5 that IMve enabled volunteets to prcKe55 contactles5 card payments. This has hel￿d increase our revenue since fewer p￿>ple cany c&th. Our trip boats (wtih exctption of the John Constsble Lighter which stays in the w8ter} were safely brought ashore at the end of the 5easoD and inio wnteT storage {(kt-Mar). However, thrtt of the Sudbury boats will requKre a new 5tordge location for 2022. We wou]d be very pleased ￿ hear froln atryODe with knowledge of a suitable premises. We are grateful all our Yolutrteers for their tirne and efforts: wh￿her bo* crews, sile Tnaintenancq tea room. jetty mait]tenance. event teams at)d a]1 the other t&sks that are necessary to keep Tr￿t running. Public bgnejli The Tru5tee5 confirni that they have (x)mplied with the wulrem￿ts of sertion 17 of the Charities Act 2011 to have due regard to the public be￿fil guidance published by the Charity Commission for England and Wales. The annual rew)rt proved by the trusttts ofthe charity on 20 September 2022 and Signed on its behalf by: P E Brcwerton Chainnan at)d Trustee Page 3 The River Stour Trust Limited Statement of TruSt￿S. Responsibilities The Trustees {wbo afE a]so the dir¢¢tors of Tr River Stour Tnjsi Limited for the Purpo￿ of company law) are responsible for preparitig the Trustees. rewkrt and the financial statemertts In accordance with the United Kingdom Accounting StaThdard5 (UnKted KiDgdom G¢Mi¢rnily Acttpted Accounting Prathitel and applicable law and regulations. CtsTnpany law requtres the TTUSttts to prepar¢ financial 5tattments for each financi￿ year. Under eompony law the Twstees must not approve tht financial statements ￿1¢$$ they are satisfjed that they give a true and fair view of the state of affairs of the charttsble company al￿ of its I￿Orning T¢SOUW *]d application of resourees, includin8 its in¢ome and expenditslle, for that peri(wJ. In preparing these fiTwKial statementy the Tnths are required to.. $ele¢t suitable accounting p)lities #Rd apply them 0)nsis¢eN￿y$ observe the m¢th(MJs and principles in the Chriiies SORP. make ]￿gements *td tstimatcs th* are rea50th1e and pn]denL state whether applicable UK Aceounting Sta￿dards have been followe4L subject to any mat¥ial departures disclosed explained in the fiTtancial Statements: and prepare the fi[LanCi￿ ststeTn¢rts on the going concern IMSi5 UDlesS it t$ inappropriate to presume that the charitable company Mill conttnue in busiEJes5. The Trustees are responsible for keepiThg adequate a¢￿U￿l￿g re￿)rdS that art sufficient to sIK)w and explain the charttxble ¢OTnpany's transactions and disclose with rea￿￿2b]¢ accuracy at any time the financial ￿5]tIon of the ¢haritsble company and enable them to ensurt that the financial Slatements totllply with the Companies Act 2006. They aty also re5POll5ible for safeguarding the assets of the ¢harttable company and hettce for taking reasonable steps for the preventiou and detection of fr￿￿ and otha irregLElarities. Page 4 The River Stour Trust Limited Independent Examiner's R¢p)rt to the trustees of The River Stour Trust Limited I report to the charity trustces on my examination of thc accoullts of the charity for th¢ year ¢nda 31 De¢eTr]ber 2021 whi¢h are set out on pages 6 to 17. Resp¢rtive respoD5ibiittse5 of trvsttts xnd e￿￿T￿tr A5 the charity's truslees of The River Stour Tn]st Limited {atxl also its director5 for the putposes of company law) you are responsible for the preparation of the aeLxJunts in a¢¢ord2n¢e with the requirernents of the Companies Act 20001.the 21X)6 Ad'l. HavÈng 5atL5fied nryself that the ¥counts of The River Stour Trust Limited are wuired ￿ be audi¢¢d under Part 16 of the 21>06 A¢1 and are cligible for iThdepeThdeni examination. I rqK>rt in respecl of my exaTnination of your ¢lwity's accounts as carried wider sethn 145 of the Charitits Act 2011 {'thc 2011 Act'l. In caTrying out ￿Y examination I have followed the Directions given by the Charity Commission under scrtion 145{5Kb) of the 2011 Act. Indepemdent exxmiaer's statement I have completed my examination. I ¢onfirni that ￿ tDatters have com¢ to my attention in cOnn￿tiOn with the examination giving me ca￿e to believe= accounting re¢ords were not kept in respect of The Rivtr Sknur TTUSI Limited &s requiTed by section 386 of the 2006 A￿ tsr 2. the accounts do T￿t accord with those ￿e0rd5. or 3. the ac¢Dwits do nol cornpty wtth the a¢¢ounting ￿quir¢￿ents of section 396 of the 2006 Act other than ally requirement that the ar￿unts give a 'tnJe and fair view whi¢h is ]KJt a matter considered &s part of an independent examination: OT 4. the accounts have not been prepar￿ in accordance with the metknds 3nd PTinciples of the Ststement of Recommend￿ PTactice for accounting a￿1 reporting by charilies lapplieable to charities preparing their attounts in accordance with the Financial RqxTrrtang Statmlard applicable in the UK and Republic of Ireland {FRS 102}1. I have no tonceTllS aTHI have come acn)ss no other matt¢F5 in connection with the e￿mIn￿lI0￿ ￿ which attention should be drawn in thi5 report in order to enable a proper understsnding of the accounts to be reached. Lisa King Independent Examtne Clwtered Certified Accountant 8 The Hamiltons NewmarkeÈ Suffolk CB8 ONF 22 Sep*mber 2022 P￿e5 The River Stour Trust Limit￿1 Ststement of Financi21 Aclivities for the Year Elld￿ 31 D¢¢ember 2021 (Including Income and Expenditure Account and Ststement of Total Recogni￿1 Gains and LO￿￿} Unrestricted Restricted Totxl 2021 Totsl 2020 Income Endowments from: Donattons and legacies Charitable 2ctivities Other trading activitie5 Investsnent income 10.808 51229 54J19 10.808 51229 54.319 4,064 20.928 89,080 19 Total inCOTne 116367 116J67 114,091 Exptnditure on: Charitable acttvitie5 {86.9?5) (11224) {98,1491 (98.321) Total expenditure (86,925) {11,2241 (98,1491 198,321) Net incom&llexpenditure) 29.442 {11224) 18,218 15,770 Net ￿￿veMent in fvnds 29,442 (11224) 18.218 15.770 RecoDciliation of fuDds Total funds broughi forward 620.174 217.044 837218 821,448 Total fimds carried fotTrvard 19 649.616 205.820 U*r¢#rirtthl d5 855,436 Restrided d5 837218 Totsl 20211 Note Income and EDdowmeDts from: Donations and lewies Charirable activities Other ts7ding activities Investment ineome 4,064 20.928 89.080 19 10.928 89.080 19 10.o¢Jo Total income 104.091 10.O(H) 114.091 Expenditure on: Charitsble activitt¢s {79.5551 {18.766} {98.)211 Totsl expenditure {79.5551 (18,766) {98,?211 Net in¢omellexpenditure) 24.536 18.766) 15.770 Net rnov¢]n¢nt in funds 24,536 (8,766) 15,770 ReconeilTation of fuTrds Totsl funds brollghi fon¥ard 594.632 226.816 821,448 Total funds carried forward 19 619.168 218.050 837.218 All of the charity's activities deriNe from continuing operations during the aiN)ve wiods. The fvr>ds breakdown for 2020 is in tKJte 19. Page 6 The River Stour Trust Limited (Registrntion number: (M1938670) Balance Sheet 85 at 31 De£ember 2021 2021 20211 No¢e Fixed assets Tangible assets 14 688522 698.553 Currertt 4ss¢ts Stocks Debtor5 ash at bank and in hand .641 18,727 199.837 2,056 245 169.000 15 220205 171.301 Creditors: Amounts f#lling due witbiD ODe ye*r 16 132,291) (2,636) et current assets 187,914 168,665 Totsl asset$ Itss current liabilitie5 876.436 867,218 Creditors: Amowits f#lling due xfter more one ytsr 17 121,OlX)) (30,000) Net assets 855.436 837218 Funds of the charity: Restricted ineome funds Restritted funds 205.820 218.050 Unrestricted income Unrestricted fi￿d5 649,616 619.168 Totsl funds 19 855,436 837,218 For the finan¢ial year ending 31 De£ember 2021 the charity entitled to exemption from audit llnder se¢tion 477 of the Companies Act 2006 ￿latillg to 5tDall companies. DIr￿tors, r¢sponsibilities= The members haye required the charity to obtsin at) audit of its a¢COUtts for the year in question in actt)rdan¢c with section 476. and The directors a¢kmwledge their responsibilities for complying with the requirements of the A¢t with respect io arcounting recortis aDd the p￿paration of accounts. These accounts b8ve been prewed in accordan¢x with the provisions applicable kn companies subjeet w (he small companies regime. The financial stat•nen¢s on pag&% 6 to 17 %hEre approved by the trustees. and authorised for Èssue on 20 September 2022 an igned on tt￿1r behalf by: P E BtEwerton Chairniall and Tn Page 7 The River Stour Trust Limited Notes to the Financial Statements for the Year Ended 31 December 2021 I Ch#rity status The ¢harity is litnited by guard1rt￿. in￿r￿ratcd in England. and con5quently does not have Share capitsl. Every Tn¢mber 15 liable to contribute aD amount exceediDg £1 towards the &ssets of the clwity ID the event of liqu￿dati0n. The address of its resistered office i$= The Granary Quay Lane Sudbury Suffolk C0102AN These financial stsi¢menis were auttK)ris￿ for issue by the trusttfs on 20 Septetnber 2022. 2 Accounting policie5 of 5ignificaDt accounting polities kry e5tiwatss The principal accounting rx)licies applied its the p￿Pa￿l0￿ of the5¢ financial 5tatetnents are Set out below. These policie$ have been consistently applied w all the years presented, unless othenvise st*ed. Ststement of compli¥n¢¢ The financial Sta￿ments have been prepared Èn accordance wÈth Accounttng and Reporting by Charities.. Statement of Reeommended Prn¢ti¢e applicable to charities preparing their accounts in accordance with the Financial Re￿rtIng Standard applicable in the UK and Republic of Iteland (FRS 102) (effectsve l January 2015) - (Charities SORP IFRS 102)k the Financial RqK>rting Standard applicable in the UK and Republic of Ireland IFRS 102}. They also comply with the Companies Aa 2006 and Chariiies Act 2011. Bisis tsf prep¥r#tion The River Siour Trt￿ Limiied tllcets the defmition of a Plthlic benefit entity under FRS 102. Assets aThJ liabilities ar¢ initially r¢co￿tS¢d at histsjricai cost or ttansattion value otherwise 5tattd in the relevant a¢couTrting policy notes. Going eontern The trnstees consider that there a￿ material U￿ertainties about the charity's ability to tontinue as a going concern nor any significant are&s of utKenainty affeci the carrying value of assets held by the charity. Eiemption from preparing g ta5h flow statement The charity opied ￿ ￿[Y adopt Bulletin I published on 2 FebnLary 2016 a￿d have therefore not included a c&sh tlow statement in these finartcial S￿eMertts. Income And endowmtnts All Income is recogniKd once the charity has ¢￿titlement to the incorn4 it is probable that th¢ in¢ome will be received and the amou￿ of the rtceivable can be measural ￿lIablY. Page 8 The River Stour Trust Limit Notes to the Financial Stgtements for the Year Ended 31 Ikcember 2021 Donations are r¢cognis¢d when the charity has been notified in wrtting of Ix>th the amount and settlement date. Itj the event that a do[￿tiOn is $ubje¢t to ¢ondiiions tha¢ require a level of perfomian¢e by the Charity beft>re the charity is entitled to the funds: the income is d¢f¢rr¢d and re¢ognis¢d Wllil either dh)se wndilions are fully met. or the fulfilment of those conditiofts is wlM)Ily wthin the ￿n1ft)1 of the charity and il is probable that these conditions will be fulfilled in th¢ reporting wiod. Expenditsre All ¢xp¢nditure 15 rccogni5ed once there is a legal or ConStn￿tive obligation to that expenditw%, it is probable settlement 15 required and the amowi¢ (an ￿ mea8utuI rtliably. All rA)sts ar¢ all(￿ed tt> tht applicable expenditure heading that &weg*e 5Èmilar rost5 to that ¢￿¢gOry. whe￿ (xb5ts can￿t be d]r￿tlY atiributed to particular headjngs they have be¢n allocated on a b&sis consistent with the use of resources. with central staff costs allocated on the ba515 of time spent. and depreci*ion eharges alloca*d on the ￿rtIOn of the asset"s use. Other support costs are allocated based ort the spread of styff ¢osts. Chanlable odtvilicw Charitable expetkJittErt ¢OmPTiSCS tb05e costs incurred by the charity in the delivery of its activities and servi¢es for its beneficiaries. It includes both costs th* w be a]loc*¢d dirErtly to 5urh ￿1vI￿¢S and those rosts of an It￿ireCt Jjature necessary to supportth Support Costs Support Costs includ¢ centrdl fimctiotts attd hav¢ b¢en 311oc*¢d to xtivit). C05t categorie5 on a b&sis COEJSiStent with the use of resources, for ex3tllple. alloc*ing propffj costs by 11(x)r areas. or per eapit4 sthff costs by the time spent and thher cost5 by their usa8e. Goyernance eosts The5¢ include the costs attributsble to the charity's compliaTKe wtth coThstttutionai and 5tabJtory requxrements, tncluding audi4 str*egi¢ management and tr￿S￿es'S Meetings and re1mbu￿d expenses. Taxation The charity is c4)n$tdered to pa55 the tests Set out in Pardgrdph I Schedule 6 of the Finance Act 2010 and therefore it meets the dtfinition of a charitable company for UK wtporation tsx puwe5. Accordingly. the charity is potentÉaJly exempi from in fESPeCt of income or capital gains received within Categories covered by Chapter 3 Pan I l of the Corporation T&¥ Act 2010 or Section 256 of thr Tuatson of Chargeable Gains Act 1992, to the extent that slleh income or gal￿% are applied exclusively to charitable purposes. Tangible fixed assets Individual fixed assets are inÈtially recordd at cosl less ally sub5wuent accumulated deprtti*ion and subsequent arcumulated impairn)ent tosses. Ikprwi8tioN a￿d amortisation Depreciation is prowded on tan￿￿[e fixed to write off the e05t or Valuatio￿ less any esti¥nated residual vatue, over their expected usefvl eeotKMnic life as follows: Asset cl85S Boats Fitttngs Pumps & equipm¢nt Deprtriation method aDd rate 15% tedu¢iDg ba]anc&5Yo strai8ht line 20% redlleing balance r￿U¢￿n8 balancelY/r* straight line Page 9 The River Stour Trust Limit￿] Notes to the Fin2n¢ial Statements for the Year Ended 31 December 2021 Stock Stock is va]ued at the lower of and e5tirnated selling pri¢e less ￿sts to wmplete and sell, after due regard for obsolete and stow moving sttKks. Cost is deternitnal using the first-1￿ f1rst-o￿ (FIFO). Trade debtors Trade debtors are aMo￿ts due from customers for muchattdise sold or service5 perfornied ID the ordinary collrse ofbusin¢ss. Trdde debtors art recognised ittitially at the trathsaclion PTi¢¢. They are subsequently measured at amortised cosi using the effethve interest metlx)d, less pmvision for impairment. A provision for the impaimient of trade debtor5 is established when there is objective eVide￿e that the charity will be able tts collect a]1 a]nounts due according to the onginal t¢rms of the teceivables. Cash &nd CAsb equiv#le*ts Cash and ¢a5h equiva]ents comprise ¢ash ha￿j and call dery>sit& and other sh)rt-teTm highly liquid inve5ttneT)ts that are readily Convertible to 8 amount of cash 8Dd are subject to all itLsignÉft(allt risk of change in vatue. Trade creditors Trade creditors are oblig*ioLs to pay for g(x)ds or services that have I￿¢ll acquired in the ordinary ¢outse of business from supplieT5. Ar00 18 PeDsioD and other sebeme5 Defined eontriblltioll pells1o￿ scbeme The charity opeT*es a defined ￿￿trIbutiOn pension scheme. The prnsion c05t charge for the year represents ¢ontributions payable by the charity to the ￿hOne aTwJ amounted to £Nil (2020- £Nil}. 19 Funds Balante at 31 Detember 21121 #t I J*lluary2021 e41eDded UDrestrirted fuods Generdl 620,174 11&367 (86.9251 649,616 Restricted fuDds 217.¢M4 111224) 205.820 Tot41 fund5 837218 116.367 (98.149 855,4J6 Unrestricted Balance At 31 December *¢ I JxDu*ry 2020 e4¥eDded 2020 Unrestricted fuDds General 594,6)2 104.091 (79,555) 619.168 Rt$tricted fvnds 226.816 10,000 18.766) 218,050 Total fun 821.448 114.091 198J21) 837218 Page 16 The River Stour Trust Limlted Not￿ to the Financial Statements for the Year Ended 31 December 202J 21b Att*tysis of net 1S5ets betweeTh Unrestricted fwids Restritltd General DesigD*ted Totsl funds T8￿gible fixed a Current assets Current liabilities Creditors over l year 481,468 144.470 (J2.291) 121,IMJO) 207.054 688.522 220,205 {32,291) {21,000} 75.735 Total net assets 572.647 75.735 207.054 855.436 UDrestrirted fllDds Restricted Designated Totsl funds Tangible fixed &ssets Current &sseis CU￿ent liabilities Creditors over l year 481.754 107.574 (2,636) 130,IMM)) 216.7 698,553 171,301 (2.6361 (30.0001 63,727 Tota] net assets 556.692 63.727 216.799 837.218 21 Related p*rty trans#etiOll5 Dllring the year the clwity made the following rr]ated party transacti￿5.. The Trust incurred costs to the va]ue of £Nil (2020 - £4,420} fn)m The Thames Electric laU￿h Co. a company Own￿ by Mr Ernthys Barrell. one of the Trustees. No profft Wds made by The Thames Ele£lrtc Launch Co or Ernrhys Barrell. At the balattte slret date the atnount due tolfrom was £Nil (2020- £NÈll. Page 17