| Trustees | Ms E Brierley | ||
|---|---|---|---|
| Mr I Byrne (Treasurer) |
|||
| Dr BDevereux | (Vice Chair) | ||
| Dr A E Hill | |||
| Ms J Hill (Chair) | |||
| Ms RJessup | |||
| Ms E Mullings-Smith | |||
| Ms N Parker | |||
| Mr A Rachwal | |||
| Mr C Rush | |||
| Dr EValentine | |||
| Chief Executive Officer | Adam Donnan | ||
| Charity number | 277611 | ||
| Company | number | 01053508 | |
| Principal address | 6-8Great Eastern Street | ||
| Shoreditch | |||
| London | |||
| EC2A 3NT | |||
| England | |||
| Registered | office | 6-8Great Eastern Street | |
| Shoreditch | |||
| London | |||
| EC2A 3NT | |||
| England | |||
| Auditor | HW Fisher LLP | ||
| Acre House | |||
| 11-15William | Road | ||
| London | |||
| NW1 3ER | |||
| United Kingdom |
|||
| Bankers | Co-operative | Bank | |
| Business Direct | |||
| PO BOX250 | |||
| Skelmersdale | |||
| WN8 6WT |
| Page | |||
|---|---|---|---|
| Trustees' report |
1-7 | ||
| Statement of | Trustees' | responsibilities | |
| Independent | auditor's | report | |
| Statement of | financial | activities | 12 |
| Balance sheet | 13 | ||
| Statement of | cash flows | 14 | |
| Notes to the financial | statements | 15-24 |
| The | Trustees, who are also the directors for the | Trustees, who are also the directors for the | purpose ofcompany | law, | who served during the year were: |
|---|---|---|---|---|---|
| Ms | EAntoniades | Snell (Vice-Chair) | (Resigned | 17October 2023) | |
| Mr | A Rachwal | (Appointed | 17 | March 2023) | |
| Ms | E Brierley | ||||
| Mr | I Byrne | ||||
| Mr | C Rush | (Appointed | 19April 2023) | ||
| Dr BDevereux | |||||
| Dr A E Hill | |||||
| Ms | J Hill | ||||
| Dr EValentine | (Appointed | 17 | March 2023) | ||
| Ms | RJessup | ||||
| Ms | C McHugh | (Resigned | 19April 2023) | ||
| Ms | E Mullings-Smith | ||||
| Ms | N Parker | ||||
| DrJ | Rogers | (Resigned | 19April 2023) |
| Unaudited | |||||||
|---|---|---|---|---|---|---|---|
| Restated | |||||||
| Unrestricted | Restricted | Total | Unrestricted | ||||
| funds | funds | funds | |||||
| 2023 | 2023 | 2023 | 2022 | ||||
| Notes | f | 6 | 6 | f | |||
| Income from: | |||||||
| Voluntary income |
3,581 | 650,000 | 653,581 | 33,137 | |||
| Charitable activities |
537,558 | 537,558 | 491,900 | ||||
| Investments | 975 | 975 | 32 | ||||
| Tota I income | 542,114 | 650,000 | 1,192,114 | 525,069 | |||
| ~Ee Chtu ra: | |||||||
| Raising funds | 214 | 214 | 865 | ||||
| Charitable activities |
572,602 | 1,723 | 574,325 | 536,623 | |||
| Total resources | expended | 572,816 | 1,723 | 574,539 | 537,488 | ||
| Net (expenditure)/income | for the year/ | ||||||
| Net movement | in funds | (30,702) | 648,277 | 617,575 | (12,419) | ||
| Fund balances | at 1July 2022 | ||||||
| As originally reported |
263,690 | 263,690 | 270,884 | ||||
| Prior year adjustment | (216,877) | (216,877) | (211,652) | ||||
| As restated | 46,813 | 46,813 | 59,232 | ||||
| Fund balances | at 30June | 2023 | 16,111 | 648,277 | 664,388 | 46,813 |
| Unaudited | ||||||||
|---|---|---|---|---|---|---|---|---|
| Restated | ||||||||
| 2023 | 2022 | |||||||
| Notes | f | E | ||||||
| Fixed assets | ||||||||
| Tangible assets | 1,821 | 2,298 | ||||||
| Current assets | ||||||||
| Debtors | 12 | 72,503 | 50,506 | |||||
| Cash at bank | and | in | hand | 899,465 | 284,181 | |||
| 971,968 | 334,687 | |||||||
| Creditors: amounts | falling due within one year | 13 | (289,324) | (260,366) | ||||
| Net current | assets | 682,644 | 74,321 | |||||
| Total assets | less current liabilities | 684,465 | 76,619 | |||||
| Creditors: amounts | falling due after more than | |||||||
| one year | 14 | (20,077) | (29,806) | |||||
| Net assets | 664,388 | 46,813 | ||||||
| Income funds | ||||||||
| Restricted funds | 17 | 648,277 | ||||||
| Unrestricted | funds | 16,111 | 46,813 | |||||
| 664,388 | 46,813 |
| Unaudited | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Restated | |||||||||
| 2023 | 2022 | ||||||||
| Notes | f | ||||||||
| Cash flows from operating | activities | ||||||||
| Cash generated from/(absorbed |
by) operations | 625,873 | (33,365) | ||||||
| Investing activities | |||||||||
| Purchase oftangible fixed |
assets | (1,835) | (2,248) | ||||||
| Investment income received |
975 | 32 | |||||||
| Net cash used in investing | activities | (860) | (2,216) | ||||||
| Financing activities | |||||||||
| Repayment of borrowings |
(9,729) | (9,544) | |||||||
| Net cash used in financing | activities | (9,729) | (9,544) | ||||||
| Net increase/(decrease) in |
cash | and cash equivalents | 615,284 | (45,125) | |||||
| Cash and cash equivalents | at beginning | ofyear | 284,181 | 329,306 | |||||
| Cash and cash equivalents | at end ofyear | 899,465 | 284,181 |
| Unrestricted | Restricted | Total | Unrestricted |
|---|---|---|---|
| funds | funds | funds | |
| 2023 | 2023 | 2023 | 2022 |
| f | f | f | 6 |
| 3,581 | 650,000 | 653,581 | 33,137 |
| Publications & |
Conferences | and | Total | Publications & |
Conferences | and | Total | |||
|---|---|---|---|---|---|---|---|---|---|---|
| services for | consultancy | 2023 | services for | consultancy | 2022 | |||||
| members | members | |||||||||
| Restated | Restated | |||||||||
| 2023 | 2023 | 2022 | 2022 | |||||||
| Income | from | charitable | ||||||||
| activities | 496,491 | 41,067 | 537,558 | 463,680 | 28,220 | 491,900 |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| funds | funds | |||
| 2023 | 2022 | |||
| f | f | |||
| Interest receivable | 975 | 32 | ||
| Raising funds | ||||
| Unrestricted | Unrestricted | |||
| funds | funds | |||
| 2023 | 2022 | |||
| 6 | 6 | |||
| Fundraisin | and | ublicit | ||
| Fundraising | agents | 214 | 865 | |
| 214 | 865 |
| Publications & |
Conferences & | Total | Publications & |
Conferences & |
Total | |||
|---|---|---|---|---|---|---|---|---|
| services for | consultancy | 2023 | services for | consultancy | 2022 | |||
| members | members | |||||||
| 2023 | 2023 | 2022 | 2022 | |||||
| Staff costs | 330,424 | 30,600 | 361,024 | 319,834 | 37,272 | 357,106 | ||
| Depreciation | and impairment | 2,312 | 2,312 | 2,570 | 2,570 | |||
| Publications | 40,119 | 40,119 | 35,677 | 35,677 | ||||
| Events &Training | 27,310 | 27,310 | 19,040 | 19,040 | ||||
| 372,855 | 57,910 | 430,765 | 358,081 | 56,312 | 414,393 | |||
| Share ofsupport costs (see | ||||||||
| note 8) | 127,208 | 127,208 | 115,618 | 115,618 | ||||
| Share ofgovernance | costs (see | |||||||
| note 8) | 14,681 | 1,671 | 16,352 | 5,908 | 704 | 6,612 | ||
| 514,744 | 59,581 | 574,325 | 479,607 | 57,016 | 536,623 | |||
| Analysis by |
fund | |||||||
| Unrestricted | funds | 514,144 | 58,458 | 572,602 | 479,607 | 57,016 | 536,623 | |
| Restricted funds | 600 | 1,123 | 1,723 | |||||
| 514,744 | 59,581 | 574,325 | 479,607 | 57,016 | 536,623 |
| 8 | Support costs | Support costs | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Support costs | Governance | 2023 | Support costs | Governance | 2022 | ||||
| costs | costs | ||||||||
| Premises | and | services | 27,681 | 27,681 | 30,307 | 30,307 | |||
| Administrative | expenses | 76,897 | 76,897 | 69,239 | 69,239 | ||||
| Computer | and | website | 13,190 | 13,190 | 14,835 | 14,835 | |||
| Travel | 9,440 | 9,440 | 1,237 | 1,237 | |||||
| Audit fees | 13,000 | 13,000 | |||||||
| Accountancy | 3,352 | 3,352 | 6,612 | 6,612 | |||||
| 127,208 | 16,352 | 143,560 | 115,618 | 6,612 | 122,230 | ||||
| Analysed | between | ||||||||
| Charitable | activities | 127,208 | 16,352 | 143,560 | 115,618 | 6,612 | 122,230 |
| The average monthly num |
ber ofemploye | es during the |
year was: | ||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| Number | Number | ||||
| 10 | 12 | ||||
| Employment costs |
2023 | 2022 | |||
| f | f | ||||
| Wages and salaries | 316,774 | 315,429 | |||
| Socia I security costs | 31,215 | 30,174 | |||
| Other pension costs | 13,035 | 11,503 | |||
| 361,024 | 357,106 | ||||
| The number ofemployees | whose annual | remuneration | was f60,000or more were: | ||
| 2023 | 2022 | ||||
| Number | Number |
| Tangible fixed assets | ||||
|---|---|---|---|---|
| Fixtures, fittings | Computers | Total | ||
| &equipment | ||||
| f | ||||
| Cost | ||||
| At 1July 2022 | 4,387 | 13,320 | 17,707 | |
| Additions | 1,835 | 1,835 | ||
| At 30June 2023 | 4,387 | 15,155 | 19,542 | |
| Depreciation | ||||
| At 1July 2022 | 4,387 | 11,022 | 15,409 | |
| Depreciation charged |
in the year | 2,312 | 2,312 | |
| At 30June 2023 | 4,387 | 13,334 | 17,721 | |
| Carrying amount | ||||
| At 30June 2023 | 1,821 | 1,821 | ||
| At 30June 2022 | 2,298 | 2,298 |
| Debtors | |||||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| Amounts | falling due | within one year: | f | f | |
| Trade debtors | 4,552 | 6,511 | |||
| Other debtors | 6,480 | 6,500 | |||
| Prepayments | 61,471 | 37,495 | |||
| 72,503 | 50,506 | ||||
| Creditors: | amounts | falling due within one year | |||
| 2023 | 2022 | ||||
| Restated | |||||
| Notes | f | ||||
| Bank loans | 10,650 | 10,650 | |||
| Deferred | income | 15 | 250,064 | 220,277 | |
| Other creditors | 13,272 | 24,368 | |||
| Accruals | 15,338 | 5,071 | |||
| 289,324 | 260,366 | ||||
| Creditors: | amounts | falling due after more than one year | |||
| 2023 | 2022 | ||||
| f | f | ||||
| Loans | 20,077 | 29,806 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Restated | |||||
| f | |||||
| Membership | income received | in advance | 249,864 | 216,877 | |
| Grant income | received | in advance | 200 | 3,400 | |
| 250,064 | 220,277 |
| Movement | Movement | in | Movement | in funds | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| funds | |||||||||||||
| Incoming | Balance at | Incoming | Resources | Balance at | |||||||||
| resources | 1July 2022 | resources | expended | 30June 2023 | |||||||||
| f | f | ||||||||||||
| Foundation | for | Water Research | 650,000 | (1,723) | 648,277 | ||||||||
| 2022-23 | |||||||||||||
| Foundation | for Water | Research | (FWR) grant | received | for | the | purposes of |
developing and |
carrying | out the | FWR Legacy | ||
| Implementation | Plan. | ||||||||||||
| 2021-22 | |||||||||||||
| There was | no restricted | funding | in the year. | ||||||||||
| Analysis ofnet | assets between | funds | |||||||||||
| Unrestricted | Restricted | Total | Unrestricted | ||||||||||
| funds | funds | funds | |||||||||||
| Restated | |||||||||||||
| 2023 | 2023 | 2023 | 2022 | ||||||||||
| f | f. | f | |||||||||||
| Fund balances at 30June 2023 are represented | by: | ||||||||||||
| Tangible assets | 1,821 | 1,821 | 2,298 | ||||||||||
| Current assets/(liabilities) | 34,367 | 648,277 | 682,644 | 74,321 | |||||||||
| Long term | liabilities | (20,077) | (20,077) | (29,806) | |||||||||
| 16,111 | 648,277 | 664,388 | 46,813 |
| 2023 | 2022 | |
|---|---|---|
| f | f | |
| Within one year | 16,900 | 16,900 |
| Between two and five years | 12,675 | 29,575 |
| 29,575 | 46,475 |
| 2023 | 2022 | ||
|---|---|---|---|
| f | f | ||
| Aggregate | compensation | 97,702 | 84,863 |
| 23 | Cash generated from operations |
Cash generated from operations |
2023 | 2022 | |||
|---|---|---|---|---|---|---|---|
| Restated | |||||||
| f | |||||||
| Surplus/(deficit) for the year |
617,575 | (12,419) | |||||
| Adjustments for: |
|||||||
| Investment income recognised |
in | statement | offinancial activities | (975) | (32) | ||
| Depreciation and impairment oftangible fixed assets |
2,312 | 2,570 | |||||
| Movements in working capital: |
|||||||
| (Increase) in debtors | (21,997) | (4,899) | |||||
| (Decrease) in creditors | (829) | (3,583) | |||||
| Increase/(decrease) in deferred |
income | 29,787 | (15,002) | ||||
| Cash generated from/(absorbed |
by) operations | 625,873 | (33,365) | ||||
| 24 | Analysis ofchanges in net funds |
||||||
| At 1July 2022 | Cash flows | At 30June 2023 | |||||
| f. | |||||||
| Cash at bank and in hand | 284,181 | 615,284 | 899,465 | ||||
| Loans falling due within one year | (10,650) | (10,650) | |||||
| Loans falling due after more than | one year | (29,806) | 9,729 | (20,077) | |||
| 243,725 | 625,013 | 868,738 |