REGISTERED COMPANY NUMBER: 01747301 IEn¥land and Wale5) REGISTERED CHARITV NUMBER: I380 Rlver Tharnes Soclet 5tees' Re ort and temt r th¢ Ycthr Ended 31 Oetober 202 lan S And¢ison, Chanered Accouniant Gieengarth Thicket Grove Maidenhead Berkshire SL6 4LW
River Thanies Socie for the Year En ed ctober 2025 Page Reference and Administrative Details Trustees, Report Independent Ex#miner'% Report Statetnent of Financlal ACtitieS B#lxnce ShEel 7 to 8 Notes to tbe Financial StateThents 9 10 16
er Admini trativ for the Year Lnded 31 Octo talls TRUSTEES Peter Finch Chairnwi of Council Rupert Bagilholc Iresi]ed 26.4.25) Ja¥k Dctt¢i"id8¢ {i¢sipyiul 20.4.251 David Lamb¢rt Jackie Lambert {resigned 26.4.251 Hilary Pereira Gillian Rix {r¢signed 26.4.25} John Tamsitt Abigail Reynolds Roy Miller Thomas Bernn Peter Hall Robert Htravens Mi¢hA¢l Sullivan (oppointed 26.4.251 Greg Wilkinson (appointed 26.4.25) COMPANY SECRETARY Guy BArlow REGISTERED OFFICE Beaumont House 28 Beaumoni Road Windsor Berkshire SL4 IJP RECISTERED COMPANY NulBER 01747301 IEn8lamd and Wales) REGISTERED CHARITY Tr4ULIIBER 288380 INDEPENDENT EXAMtNER lau S Ander50n. Chartered Accountsnt Greejigarnh Thicket Grove Maiderthead Berkshire SL6 4LW PRESIDENT Piof. Rob1 Vail de Noo11 CBE vtCE-PRESIDENTS Lady Bonvick Mark Edivards MBE Sir David Suchet CBE Page I
Rii'er Thames S ie R lster r: OJ747301 Tru5tee5' R for the Year Ended 31 October 202 The trusiees who are also director5 of lh¢ ¢hartry for Ihe purposes of th¢ Companie5 Act 2006, prescnt th¢ir rcJx)rt with the finan¢i&l ststements of the charity for th¢ year ended 31 OLiober 2025. The tsustees have adopted the provisions of Accounting and Reporting by Chariti¢s-. Statement of Recommended Practice applicable to charities preparing their 4LC¥UUIilS in dLCVtddnL¥ WiLb Ili¢ Fin1101 Rryuiliiig StaL]d&"d applicabl¢ in the UK and Rcpubli¢ of Ireland (FRS 102) l¢ff¢ctive l Jalluary 20221. OBJECTIVES AND ACTIVITIES Objective5 and aim5 The principal activities of the charity continuc io bc to.. - Proicct the natLtral beauty of the Piver Thames. adjacent land5 and bualditjgs of histori¢ interest - Promote nature ¢on5erYation Support and coniribute to the effons of oiher organisaiions with similar iniercst in th¢ river - Pre5eTve and extend drneFilties which allow and eDcoiirage the use of the rivcr for all purposes Aililrvriiieiil$ yerfori)18Jl£t Diiring the year ihe Sociery undcrtook a range of a¢tiviti¢s in support of our aims to protect and promot¢ the Thames from source to the se& We engaged with many bodies. including the Environm¢nt Agency. Port of London Authority, Thames Path PBrtnetEhxp, Thames 21 and the Thame5 Rivers Trust. We kept in touch with local auil)orilies, MPS in riparian constituencies. Telcvant Mit]istets and ' Shadow ' Ministers on matters affecting the river. llicluding pollution and planning issues. Socidl, cultural and educational a¢tivities weTe organised. Our River Wardejis ¢(Triitinued to monitor the Tham¢s Path and took part in vaiious "cltaii-up" activities. In addition, we maintained our wai¢m)an's cutter and the length of river bank w¢ own near Marlow. Public bcthcfit The Dir¢ctors hav¢ lakcn note of the Charity Commi5sioner5' guii]ance on public benefit by providing a rang¢ of talks. displays, inforn]ation stands, a quarterly magaline and use of social media to infomi the public on the way5 the bottely safeguard. the rivor. A large amount of infomiation is gii'en on reqiipst tn rnp.mhtrrq nf ihe piihlic. hroadcaqting aiid educational bodies. We Continue to make annual award5 to individu2]s and organisaiions making a significant conrribuiioi) io the river and give 8ranr5 10 a range of youth. spontng aThd envlronmental bodie5. Page 2
River Thames Soele 5tered number: 01747301 Tru5tees' R ort for th e#rEd tober 2 OBJEcrtVES AND ACTIVITIES Finallcial review Th¢ Statement of Finan¢ial Activities for the yvdr on pagc 6 shows a net deficii for the Society of £6,893 (2024 net dcficit £9431. All of thc funds r¢ttivcd during the year were unrcstrictcd fund3 and whi¢h could bc uscd to eaMbl¢ th¢ chaiity 10 meet its running costs and to allow tlie trustees to uiilise funds for relevant charitable purposes. During the yearthe trust generated the followins income. l} Donations and subscriptions totalling E21,5U4 {2U24- L22,96111 were raised. 2} Income generated from the Thames Guardian magazine and merchandise sales totalled £10,000 {2024- £8.778). 31 Evenis realised income of £1 1,628 (2024. £10,552). 41 Invesm)cnt income in die fonn of bank & other int¢rest lolalled £5.651 {2024 - £3.373). The in¢re&8e in Yalu¢ of tlke COtF Uiiits in the Charities Ethical Jnvestment Fund was £34412024-£7.1)98). Th¢ Tham¢s Guardian mayzinc tcoli3¢d a d¢fi¢it of £5,860 12024 £5,776). The rnTrsozine histori¢olly made a surplus for use towards charitable activiiies, The dowTrtum ha5 followed the impact on Covid-19 and th¢ ¢cono]nic impact on such as property adNenising revcnu¢ The Directors ue of the opinion that the publicatioii continues to provide the Society ivith publicity and hi8hlÉ811ts in)Portat inatters relevant to the objects of clwity. Ihiis fLilfLlling the charlS objc¢ts, w'i(h the added advantage thai it sav¢s rhe cost of a separate members newsl¢tt¢r. Included in charitable exndire is £11.600 defrayed on 2 lts for various "river based. organisattons. There is a list of these, and r¢l¢Yant amounts, shown in note 5 to the fmallcial statements. There were no movements in ftxed assets in the year, sav¢ depreeiaiion on existing assets. Giv¢D the fully written down value of cquipment the Directors ore to undcrtake a fvll audit to confinn existence and condition thcreof. As at 31 Iktober 2025 total g¢n¢rated funds were £209.24812024- £216,141), all of which is Wirtstried funds. Investmvrtt performAnee The charitable company's basic inves(Inent objeciive is to maintain the real value of its investments and to maximise Jncom¢. In OTder to do thls, the chanty Invested su4)lus fvnds in the L"UIF CharitEeg Ethical Invesrmeni Fund Accuniulation Units. with further excess funds being placed in a deposii account whi¢h is both a safe tnl'estmeni and gives 8 reasonable rdte of return. Reserves poIi¢y 2nd goiug ¢on¢ern The cliaritsble company's nct deficii for Ihc year end¢d 31 Ociobcr 2025 totalled £6,893 {2024 nei deficit £9431. This includes ao unr¢alis¢d surplus on revaluation of investm¢nis of£344. The balance on the unrestricted income fund at 31 October 2025 w&$ £209.248 {2024 £216.1411. Th¢re was no balance held on restriCd funLi8. The Directors regularly review the reserves poli¢y. based llpon CUJTent levels of eXndItUre and income. and are ctively s¢¢king to make grants to worthy individuals and organisations wliich fall within the cliaritable company's reinit. The policy is To ensure unused surplus funds do noi accumulaie whllsi allowing for risks 10 income flows resulTing tJDin dama%e lo reputation and the effects of a severe recession reducin% mcmbership and donations. The River Thamcs So¢icty docs not intend to be a reserves.rich charity and in any evenL the S¢xiery's current activitie5 do not rcquir¢ thi5. Th¢ wstee3 ¢onsid¢r that adequat¢ r¢S(ru¢S will ¢ontinu¢ to bc availabl¢ io fuod th¥ a¢tivit1¢5 of Ihc Socicty for th forcs¢¢able future and vicw the charity as a going concern. FLrruRE PLANS The future aims of the Society are to exiend CUTTent aciiviiies, d¢v¢lop ¢du¢ational work, in¢rease our presence at river-relate¢J events and support for initiatives of benefit 10 the wider river Lommuniry. STRUCTURE, GOVERNANCE AND MANAGEMEIYT Governlng documeni Th¢ financial statemcnts comply with ihe Charities Act 2011. the Companies Act 2(M)6 and the Memorandum and Articles of Association. The trustees h2ve adopted the provisions of Accounting and Rep)rting by Charities.. Stateinent of R¢¢omm¢nd¢d Prnctic¢ appli¢abl¢ to chariti¢s pr¢paring thcir accoun1¥ in a¢cordancG with th¢ Financial Rcportin5 Standard 102 {¢ffcctiv¢ l January 20221. Page 3
Rli'er me$ Socie istered number: 01747301 Trustees, Rc f r the Year Ended 31 Oct ber 20 STRucfuRE, COVERNANCE AND MAP4AGEMEP Trustee director5 other appointmenis The tnjstee dire¢tors 5crving on the River Thames Society Council are shown on page l. Sinee ihe year end. on 4 Nov¢tnb¢i 2025, David L7}bLI I¢SL81)¢d a& a Uu5tt¢ dji101. Th¢ Chaimian of th¢ Cowicil 15 P¢t¢r Finch. The President and Vie¢ Prcsid¢nts (which ar¢ non4ircctorship appointrnents) serve ihr¢c-year t¢rTns. The y¢ar in which they becom¢ due for re-eleciion is published in each yeavs notice of Annual General Meeting. The elective direciors also serve three-year teTms. The year in whicli their ternis of offjce cease 8re publislied in each year's notice of Annual General Meeting. A]1 other directors are elected annually. OrganiSAtlon and strneture River lliames So¢i¢ty is a registcrcd charity and is a registered company limited by guarantce. The company was incotporaled ld i$ gOv¢m¢d by Jts m¢morandum and arti¢l¢6 of #sso¢iation 22 Au8u8¢ 1983. Th¢ ¢luwity W regisiered wÈth the Charity Commission on 23 January 1984. For many ycarg th¢ Society ha8 COn8jSted of five branche8 covering the whole of the river from th¢ source to the se¥. In 2022 two branches ceased to operate llidependenily for accouniing purposes, alrhough there remain five branches for operational purp05C5. '1-h¢ bociety is govemcd by a council, whtch consists ot- the chair ot" each branch and m¢mb¢rs elected for a tern) of office at each Annual Cieneral Meeting hy the members. Risk mxnllgemenl The tru%tecs have a risk management strategy which comprises.. an annual review of the principal risks and llncertainlies that the charily faces; the cstablishmcnt of poli¢ics, systems and pi(edures to niitigate thosc risks identified in the annual review. and the implementation of procedures designed to minimis¢ or manag¢ any potential impact on the charity should thos¢ risks niaierialise tNDEPENDENT EK4MINER lan S Anderson was appoint¢d Independejt Examiner at thc last Annual (ieDernl Meeting. Approved by order of the board of tnjstees on 26 F¢bm2ry 2026 and signed on its b¢half by.. Guy Barlow- Secretary Page 4
Inde endent Examiner'$ Re River Thxtnes Socie ort to the T stees of Independent examlner's report to the trustees ofRiYer Thame5 Society I'the Company'l I report to the chariry trustees on my examination of the accounts of th¢ Con)pany for the year ended 31 Ocrober 2025. Re5ponslbllltles and basls of report A5 ihe charity's nusiees of the Company (and also its direciors for the purposes of company law) you are TespoDsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2(X)61'the 2006 Acl'l. Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of thc 2006 Act and are ¢li8ibl¢ for independent examinotion, I report in respect of my examinatiOD of your eharity's accounts as C8JTied out under Section 145 of tho Charities Act ?01 I I'the 2011 Act'l. In carryins out my examina¢ion I h#v¢ followed the Dirwtions gii'¢n by the Charity Commission under Section 145(51 Ib) of th¢ 2011 A¢t. Independent exgminer's Statement I have completed my examination. I confimi thai no maiters have come to my attention in ¢onnection with the examination giving me ¢ause to b¢li¢ve'. 8ccounung records were not kept in respe¢1 of the Company as rcquired by S¢rtion 386 of th¢ 21M)6 ACL. or IhG ur¢ounts do not acrord with th03¢ r¢cord3' or th¢ accounrs do not ¢omply with th¢ a¢¢ounting requirem¢nts of Section 396 of the 2006 Act other than any requirement rhat the accounts giv¢ a true and fair view which is not a matter considered as part of an indep¢ndent ex8mi118tion' or thc accounts have not been prepared in accordanc¢ with the methods and principles of the Sratement of Keconmiended Pra¢tice tor aceounithg and reponing by charities (applicable to chanties prepanng their accounts in accordance with the Fi]wicial Reporting Standard applicable ID the UK and Republic of Ireland (FRS 102)). I have no conruns and have come lT5 no Uther nvdll¢T& in connection with the examiltIOn to which attention should b¢ drawn in this report in order to enable a proper understanding of th¢ 2¢counts to b¢ r¢ached. lan S Anderson BA FCA laii S AndeTson, Chortered AcLwuntant Greenb4rth Thicket Grove Maidenliead Berkshire SI.6 4LW 26 February 2020 Page 5
River Thame5 Socie Statement of Fi tivities for the Year Ended 31 Oetober 202 2025 Total funds 2024 Total nds Uiwestricted fund Restricted nd Notes INCOME AND Ef¥DOWMENTS FROIV Dona(ions and legacies 21.505 21J05 22,968 Ottirr ir4diiig 4Llivili Investn)ent income 21,087 5.651 21,687 5,651 19,+)0 3.373 Total 48,843 48,843 45.831 EXPELYDITURE ON Raising fund5 22,406 22,406 19.427 Charitable aetivitfies Charitable expendilure 33,674 3J.674 34,445 Total 56,080 56,080 53,872 Nei gains on illvestments 344 344 7.098 NET tNCOMEI{EXPENDITURE) (6.893) (6193) (943) RECONCILJATION OF FUNDS Toial funds brouglii forwaid 216,141 216,141 217,084 TOTAL FUNDS CARRIE. D f4ORWARD 209,248 209,248 2L6,141 Tlir Iivlr) fuiiiL pul-l vfilirbe fillaila1 siat¢ii)ciits Page 6
River Thames Socie 5tered nllm 01747301 Balan heet 31 October 2025 2025 Total funds 2024 Totdl fund5 Unresiricted fund Rcstricted nd Not¢s FIXED ASSETS Tan£ible a$5Ct$ Inv¢stment5 3J72 51,405 3172 51,405 4,074 51,061 10 55,277 55,277 55,135 CURRENT ASSETS Stocks DebtoiE Cash al bank and in hand 1,181 30UO ISl,579 1.480 3,525 158,032 12 3,806 1$1,579 150,500 IJO.500 163,037 CREDITORS Aii)ouiits lalli118 due withiti oiie ye 13 (2,595) (2&9S) {2,0311 NET CUtiliENT ASSETS 153,971 153,971 161.006 TTAL ASSETS LESS CURREivr LL4BILITIES 209,248 209348 216,141 NET ASSETS 209,248 209,248 216,141 FUNDS Unrestri¢l¢d fid5 14 209,248 216,141 TOTAL FUIYDS 209,248 216,141 The chariiable compcmy Is entitled to exemption from audit under Section 477 of the C(Trrnpanies Act 2(K)6 for the year ended 31 October 2025. The Inember5 have not required the company tts obyJin an audit ol. its financial statcments for th¢ year cnded 31 OL'lvb¥r 2025 in dLLvrddnce with StLtiun 476 of the Coffipanie& ALI 2006. The ttU5tees acknowl¢dge their responsibilities for (D} ensurins thot thc choritu171c eompuny kccp9 %Lccountins rc¢or(Ls thDt eotnply with Sections 386 ond 387 of the Companies Aci 2006 and preparing finaiicial statements which give a true and fair view of the slate of affairs of thc charitabl¢ cotnpany as I the end of eaeh finaneial ye#i' of its giirplus or deficit fnr egch financi91 year in gccnril?ncp. with ihe. rcquirements of Sections 394 and 395 and which othetivist comply with thc requireTnents of the Companies Act 2006 r¢lating lo fUa¢1a1 stemen, so far as applicable to the Lharitable company. (bl 1¢ iJoi¢s foiLI) pail of di¢s¢ fiiiaiicial sral¢iii¢iits PaRe 7 continued...
River Thames Sucie i5tered number: 01747301 Balance Sh t- 31 Ott nued Th¢se financial siatements have been prepared in ac¢ordan¢e with the provisiorts applicable to chaTitabl¢ ¢ompanies subjeci io the small companies regime. Th¢ financial ststements were approved by ihe Board of Twstees and Juthori%d for i$5ue on 26 F¢bnJary 2026 and were 5I9icd oil 115 khalf by". Peter Finch- Trustee Tiic not¢s fonii part of tlir5¢ finaiirial 5t&kmcnts Page 8
River Thames Societv NDte5 to thc Finaneffial Stateme for the Yexr Ended 31 Ottober 2025 ACCOUNTING POLICIES BasAs of preparAtion The financial statements of ihe charitable company, which is a public benefit cntity under FRS 10? have been prepattd in aLLurLl<tnL< willi Cliaiilirs SORP IFRS 1021 'A¢Gouiitins ]d R¢portsng by Chatiti¢8'. Sts4t¢m¢nt of Recommellded Practice applicable lo charities Prcparing their a¢counts in accordance ryth the Financial R¢poLting Standa'd appli¢able in the UK and Republic of Ireland (FRS 102) (effective l J3nu2ry 2022),, Financial R¢porting Stondard 10? 'The Fintsncial Reporting gtandard applicablc irt the UK and Republic of Ireland, and tlie Colnpa¢S Act 2006. The flnancial statements hav¢ been prepared Lmder the historical cost convention, with the exception of investments whieh included at market value, as moditied by the revaluation of eertain assets. Th¢ a¢¢ounts aT¢ prepared on the going concern basis. The trustee4lireLiors do not believe that Covid-19, Brexit aiid the Ukraine war have impacted on the goillg concern basis. Incotnt All income 15 rccognised in the Statement of Financial Activities once the charity has entitlement to the funds, it IS Probable that the inco¢ will b¢ received and the amount can be measured reliably. For legacies, entitlement is raken as the urlierof.. the date on which tli¢ charity is aware that probate has bccn granted,. thè egtaie hag been tinalispd 2nA nntifir.ahnii heen made by the executorfs) to the Trust that a distribuiion will be made- or when a distribution is received from the estate. Donated services and facilities are recognised as income .hen the chatity has conttol over the item. On receipt, donJt¢d s¢rvi¢¢s and fa¢iliti¢s are reco8lli5 on thc basis of thc value of the gift to the charity and a cottesponding amouni is then wognised expenditure. Expendithre Liabilities are recogniscd as expendiNre as soon as there ig a legal or constructiY¢ obligation committing the charity to that expenditiwe, it Is probable that a transter ot" economic benetits will be requir¢d in settlemeni and the amthiini of rhe nhliB8tinn hp. mo.aSllTP.d reliahly. F.xpendIre i.E accounted for on an accnM15 bosis and has been classified under headings that 3ggrega all cost related to th¢ category. INTrere costs cannot be directly allributed to particulaT headings Ihey have bc¢n allocated to actlVl¢È¢S Ul] (t b51 ¥UIlSlblriil syilli ili¢ us¢ of resources. Costs of Gen¢ratit)g Funds Fundraising costs rcprcsent the costs of rnising funds and RDclude the Costs of annual fundraising dinners and events and Televanl administration costs. Irrecoverable VAT - ]ecOVerable VAT is charged to the Statement of Financial Activities in the Period in which it arises. Cliaritable expenditure Cbaritable expenditur¢ comprises the costs of carrying out the So¢i¢ty's Aciivities and includes the costs of producing the Thames Guardian magazine and charitable grants. Central administration & Govern2nce costs Central administration costs not direcily attributable to any particular activity are spread equally between ndraiSIng and publiciry and charitable ¢xpelldituiY. Govemance costs are split in proportioii to direct costs in a similar inanner. Grants offered subject to conditions which have not been met ai the year end date are noied as a commitment bllt not accrued as expendiNre. TanEible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Freehold property Equiprn¢nt not piovided at variable rates on reducin¥ balance Pagc 9 continu¢d...
River Tha ocl te5 to the Financial Statement for th Ended 31 October 2025 ntin ACCOUNTING POLICIES- contlnued TanEibl¢ fixed 458ets Cutter 15Q/o on reducing balance Stoeks Stocks are valucd at thc lower of ¢¢t and nel realisable value, after making due allowanee for obgolete and glow oving items. T4xatio The chariry is exempt frDm corpotatjots tsx on its charitable activities. Fund accounting Unresiricied funds ean be used in aordance with thc clwitsble objectives ai the discretion of the ttustees. R¢strictcd funds ran only b¢ 115cd for particular ttstri¢t¢d purposes within th¢ obj¢cT5 of the charAry. R¢5ttictions arise when speeificd by the donor or wlien funds are raised tor particular restricted purposes. Further explanation of the nature and PUTpose of each fund is ineluded in tho Trot to th* fjnancial ststements. Debtors TrAAp oiher debtorg are reeosnised at the settlernent #mount due after any trade distount offered. Prepayments are valued at the amouni prepaid after taking a¢count of any trade discounts due. Cash ID hand Cash at bank and cash in hand 2ncludes cash atld shDrt iemi highly liquid inve5tmentg with a short Tnaturity of three months or l¢&$ from the dat¢ of qUisI110 or op¢ning of th¢ dew)sii or similar accouni. Inve5tmellts Listod Investments are valued ot market value. Investment Income is staled net of any unreclaimable tsx credits. DnNATV()N.q AND LEGACIES 2025 2024 Donaiions Gift #id Subs¢riprions 1,152 2,710 17,643 1,504 2,704 18,760 21.505 22.968 OTHER TRADING ACTIVITIES 202$ 2024 Events Sale of merchartdisc Thames Guardian magazine Oih¥r income- cutter 11.02 362 9,638 59 IU,522 226 8,552 190 21.087 19,490 Page 10 conlillued...
ham ie N t t th Finaneial Statement5- COlIti for tht Year End INVESTMENT If4COME 2025 2024 Deposit account interest COLF inieresi 5529 122 3,296 77 5,651 3,373 GRANTS PAYABLE 2025 2024 Charitable expenditure 8,600 2,895 The total grants paid to institutions dwing the year was as follows.. 2025 2024 Dartford cllbria Sea Scouts Bieniford YviLe Natilinal Trails TS Challenger- Sea Cadets Marlow & Di3trict Doathousc Tru3t Fulham Reach Boat Club Parasol Proj¢¢t 595 2,000 300 loo 2,500 4000 1.000 7UIJ 8.000 2,895 NET INcOl{EXPEIDITURE) The &bove includes the following charscs.. 2112S 9024 Independent examiner's fees Deprectation of fjxed assets 1.200 202 12(X) GoveTnance costs totalled £1.653 reflecting the costs of AGM and tn{eC meetings. accountancy and tsxation support and independeni examination. Tlies¢ costs have been apportioned equally between the two exp¢ndiLure ategories detailed in ihe Statemeiit of Fin(tnLi¢tl Activities. In addition to the financial transaction5, th¢ Dir¢ctors wish to acknowledge the considerable amount of tim¢ givcn voluniarily by m¢mb¢rs toward3 the worlc of the Society. Page 11 Continued...
River Thames Socie Notes to the Flnancial Statements- Lontittue for the Year Lnded 31 ctober 2025 TRUSTEES, REMUNEIi4TION AND BENEFITS There were no mjstees, r¢muneraiion or other benefit5 for the year ended 31 October 2025 nor for the year ended 31 October 2024. Trustees, expenses Th¢r¢ wcrc no tru3tCCS' ¢XPCllSGS paid for thc ycar cndcd 31 Octobcr 2025 nor for thc ycar Cndcd 31 October 2024. COMPARATIVES FOR THE STATEMENT OF FINAf4CIAL ACTIVITIES Unrestricted tiind Restricted fund Totsl funds INCOME AND ElIoWmENTs FROM Doiialioiis and l¢ga¥i¢s 22,968 22,968 Oihcr tt?ding activities 19,490 3.373 19.490 3,373 Investment iiicomc Total 45,831 45,831 EXPENDITURE ON Raising funds 19,427 19.427 Charitabl¢ a¢tlvltles Chariiable expenditure 34,445 34.445 Totol 53,872 Net B?ins on invesunents 7.098 7.098 NET INCOMEI(EXPENDITURE) 19431 1943} RECONCILIATION OF FUNDS Tothl fimds brought fonvard 217.084 217,084 TOTAL FUNDS CARRIED FORWARD 216,141 216.141 Pag¢ 12 lltinued...
River Tha oeie to the Finanelal Statements- corttinu lor the Y ar Ended 31 Oct 25 TAIYGIBLE FIXED ASSETS Freehold property Equipment Cutter Totals COST At l November 2024 and 31 O¢tober 2025 2,727 IJ08 10.621 14,656 DEPRECIATION Ai l NOernber 2024 Chargc fory¢aT 1,308 9,274 202 10,582 202 At 31 October 2025 1,308 9,476 10,784 NET BOOK VALUE At 31 October 2025 2,727 ,145 3,872 At 31 October 2024 2,727 1,347 4,074 io. FIXED ASSET INVESTMENTS COTF Ethicol Investment Fund I¥L4RKET VALUE Ai l Nov¢mbci 2024 Revaluations 51.061 At 31 Octobcr 2025 51,405 NET BOOKVALUE At 31 Octobor 2025 $1.405 At 3 1 Uciober 2U24 51,061 There were no investment assets ouiside ihe UK. Cost or valuation ai 31 October 2025 is represenied by.. COIF Ethical Investment Fund Valuation in 2025 Valuation in 2024 Valu(tiivEL in 2023 Valuation in 2022 Valuarion in 2021 Valuation in 2020 Cost 7,098 516 13.043) 8,416 20.954 17,120 51.405 Page 13 continued...
h Finanelal Statements- continued for the Year Ended 31 Ocl0 io. FIXED ASSET INVESTMENTS- continued Fixed asset investn)enis is represented by 9,632.30 COIF Charities Ethical Investment Fund Accumulation Units purehase4J for £17,120 on 6 Sepiemb¢r 2012. By Ilir yfaL tu 31 Octobei" 2020 th¢rc had b¢cn a nct Incrcasc in value of £20.954. with a fijrther iiicr&38¢ in 2021 of £8,416 and a decrease in 2022 of £3,043. There was a mod¢st recovery in Ihtr year to 31 October 2023 with an increase in value of £516 with a subst9ntial sncrease in 2024 of £7,098. Iji tlic ar cnded J l Octobcr 2025 a Jmall Incr¢a of £344 aroJe ouch ihat th¢ overdll value stood at £51,405 at the yearend.. ii. STOCKS 2025 2024 Merchandise for resale 1,181 1,480 Iz. DEBTORS.. AMOUNTS FALLING DUE WITIIIN ONE YEAR 2025 2024 P}¢ts ond occrued irteome 3,g06 13. CREDITORS: AMOUNTS FALI.INC DUE WITHIN ONE YEAR 2025 2024 Accmals and deferred income 2,595 2,031 14. MOVEMENf IN FUNDS Net At 1.11.24 movement in funds At 31.10.25 Unrestrfeted funds GeiierJl fund 216,141 (6,893) 209,248 TOTAL FUNDS 216,141 (6,893) 209,248 Net movement in funds. included in the above are as follow5.. Incoming re50ur¢¢s Resources expended Gains and losses Movement in tsnds Vnr¢5trlcted funds Geaeral fund 48043 (56.080) 344 {6W3) TOTAL FUNDS 48,843 (56.080) 344 16093) Pagc 14 continued...
r Tham ocle Notes to the F. rEnded310 t nts- continued 14. MOVEMENT IN FUNDS- contlnued Comparatives for movejnent in funds N¢t mtsveinent in funds At 1.11.23 At 31.10.24 Unrestrieted fund$ General fund 217,0 1943} 216,141 TOTAL FUNDS 217,084 194J) 216,141 Cornparalt n¢t movGm¢nt in fuud5. inrludcd Ln th¢ 91x)ve ore os follows.. Incoming resouwe Resources expended Gains and losses Movetncnl Jn fiit)dg Unrestricted fund5 General fijnd 45.%_31 153,8721 7.098 19431 TOTAL FUNDS 45,831 153,872) 7,098 (943) A curyent year 12 months and prior year 12 months combined position is as follows: Net movement in funds At 1.11.2J Ai 31.10.25 Unrestrl¢ted funds ¢n¢Tal fund 217.034 (7,830) 209.248 TOTAL FUNDS 217.084 {7,836) 209.248 A ¢llent year 12 monihs and prior year 12 months wmbined net Tnovement it) funds, included in the above are as follows.. Incoming resources Rc50ure¢s ¢xp¢nded Gains and losses MovenTr¢nt in funds Unrestrleted funds Generdl fund 94.674 (109,9521 7,442 17,836) TOTAL FUNDS 94,674 1109.9521 7.442 (7.8361 The net mOvnen1 in fi]nds as shown on Jage 6 as reouired by the Charity's Statement of Recommendcd PractEce is a deficit of £943 12024 -deficit £9431. The deficit 12024 deficit) for Conipanic5 A¢t 2006 purposes is £7,237 12024- £8,041) r¥n¥LLin¥ LIIL dtIiuuiii b¢fvi¢ Ilie uiii¢ali5¢d sa&iJ oji irvaluation of invc5th7Lents. There were no Restiicted Funds arising in the year. Pag¢ 15 continued...
ver Thajnes Socie Notes t ror the tat ment5- conti r Ended 31 Oetob r 2 14. MOVEMEprf IN FUNDS- ¢ontinued The Unrestricted Fun(ts consist of Branch and Headquarters, Funds 31.10.24 SurplusllDefiClt) Transfers for the y¢ar 31.10.25 Brdnch Funds Upp¢r'l'hames Middle Thames Teddingtonlold WindsoT Upper Tid¢way Central Tideway & Esluary Bronehcs Tothl Headquarters. Centrdl Revaluation Res¢rvc 2,110 6.206 2,429 {261 1723) 1345) 98 26 l J87 5,861 2,527 10,719 171,480 19441 {62931 344 9,775 165.187 14.28 216 141 Pursuant to ditriculries retaining banking fackiities at reasonable cosi. in 2022 Upper Tideway and Ceniral Tideway & Estuary clos¢d their bank accounts with the fiinds bein¥ tt7nsfeThed lo Centrdl. Brdnch fimds ate ¢ai'mark¢d for ihese branches fulurc use, hencL non¥ithsiaiiding ihe ari?ngemeni, both continue to cxist as 5¢parat¢ branches for their relevant stretches ofthe River Thanies.Since the year end Tcddin¥ton tu Old Windsor has also moved its cash fimciion to Central. 15. CAPITAL COMMITMENTS At 31 Oetober 2025 the company had auihoTised and cot)trA¢ted for e#pital expenditure of £Nil (2024 £Nil). KL'LA'I"LL) YAK'E'Y J)ISCLUSUKL Ther¢ were no rel&ted party trdnsaction5 for the year ended 31 October 2025. 17. LEGAL STATUS OF THE CHAIUTABLE COMPANY The Society is a eompany limited by guorontee and does noi have A share capital. M¢mbers have guaranteed contributions of an amount not exceeding £1 10 Ihc llssets of the Soci¢ty in the ¢v¢nt of its dissolution. Th¢ total Dwnber Lif members at 31 Oclobcr 2025 was 870 12024 - 8711 representing 493 individuals (including 26 life members). 317 fllmilies {includii)g 8 lifc memberships), 4 5tu(knt4 41 clubs and 15 corporate organisations. Page 16