Unaudited Annual re
ort
for the Year Ended 31 December 2023
for
Strule Tributaries and Rivers Trust
Limited
Registered with the Charity Commission for Northern Ireland NIC108872

Strule Tributaries and Rivers Trust Limited
Contents of the Annual Re
ort
for the Year Ended 31 December 2023
Page
Trustees Report
24
Independent Examiners Report
Statement of financial activities
Balance Sheet
Notes to the financial statements

Strule Tributaries and Rivers Trust Limited
TRUSTEES, REPORT
Charity Name: Strule Tributaries and Rivers Trust
Charity Number.. NIC 108872
Principal Address
28-30 Old Mountfield Road
Omagh
BT79 7BJ
Charity Trustees as of 315t December 2023
Shane Colgan
Peter Archdale
Terry Smithson
Kate Crane
Robert Ellis
Accountanu Independent Examiner
Rodney Hamill BSC. FCA. TEP.
Chartered Accountants and Registered Auditors,
28-30 Old Mountfield Road,
Omagh,
Co. Tyrone
BT79 7BJ
Bank
Danske Bank
Donegall Square West
Belfast
BT16JS

Strule Tributaries and Rivers Trust Limited
TRUSTEES, REPORT
STRUCTURE AND MANAGEMENT
The structure of the Trust is made up from members who had brought a case in terms of pollution against
a government body. The external bodies made up of Riparian landowners and fishing clubs elected a
board of Directors to oversee the running of the Trust. There are 5 directors and they are subject to re-
election on a rotational basis each year.
The governing documents are the Articles of Association and the Trust Deed.
DESCRIPTION AND PURPOSE
The Loughs Agency was set up with the primary aim to conserve, protect, manage and improve the
Fisheries of the Foyle and Carlingford areas. The Agency acting on its own behalf and also on behalf
of local external parties received an out of court settlement in June 2009 for£500,000 relating to several
pollution incidents from 1999 to 2004. Part of the terms of the agreement were that monies were to be
spent on river rehabilitation works in accordance with North Atlantic Salmon Conservation Organization
"NASCO" guidelines and overseen by a trust to ensure this money was kept separate from the Agency's
core funding. The money was held by the Agency's solicitor in a high interest account until it was
transferred to the Loughs Agency in February 2011 along with the interest earned.
As the settlement funds are held on trust and only to be used for specific purposes they have been
included within deferred income as a provision against future costs. As these costs are incurred they
are applied against the balance.
There was just over £66,500 spent on projects over the year and the works included, bank revetment,
spawning beds, nursery streams, and riparian strips to grow trees in and keep animals from the water
courses. Extra funding was sought during the year and the trust received £14,448 in funding from
DAERA for other schemes over and above the initial objective such as tree planting and fencing. In
2024 we hope to continue the spend on similar projects and also to seek extra funding to assist in the
schemes planned.
Vvhile the broad aim is to enhance and improve the rivers and tributaries within the Trust's area the
benefit extends way beyond any increase in salmonid populations as by improving the quality of the
river it has a knock-on effect on the invertebrates, birds and on up the food chain. It potentially helps
with flood alleviation, community involvement, pride in the area, potential for an increase in angling
tourism, fishing etc.
ACTIVITIES AND OBJECTIVES
The Company's objectives are specifically restricted to the following Objectives:
To conserve, protect, rehabilitate, reinstate and improve the rivers, streams, watercourses and
water impoundments of the catchments comprising the rivers River Strule and its tributaries
above the con*luence of the River Owenkillew.
To carry out such works to reinstate or improve the habitat for inland fisheries of the Strule
catchment upstream of, but excluding the River Owenkillew, in compliance with NASCO
guidelines.
To advance the education of the public, or any association, company, local authority,
administrative or governmental agency or public body or representative body in the
understanding, preseNation and conservation of rivers, river corridors and catchments,
including their fauna, flora, and economic or social activity, and river catchment management.
To secure and distribute funding to assist in the implementation of the overall aim and objectives
of the Trust.
To protect, conserve, rehabilitate, reinstate, improve and preserve, as far as is practically
possible, forthe benefit of the public the local environment and the quality of the rivers, streams,
watercourses and water impoundments and the better development of the rural and urban
environment.

Strule Tributaries and Rivers Trust Limited
TRUSTEES, REPORT
PUBLIC BENEFIT STATEMENT
In setting our objectives and planning our activities for the year the trustees have given careful
consideration to the Charity Commission for Northern Ireland's guidan￿ on public benefit to ensure
that the activities have helped to achieve the charity's purposes and provide a benefit to the
beneficiaries.
FINANCIAL REVIEW
The financial report relates to the period from 1 January 2023 to 31 December 2023. All the Funds in
the charity are restricted funds having been received from the court settlement as referred to above.
The movement in the fund in the period was..
2023
2022
Opening balance
Habitat improvement and protection scheme costs
Sundry and bank fees
Insurance
Consultancy
(265,864)
52,135
(347,873}
80,647
68
699
595
644
661
Closing balance
(212,418)
{265,864)
STATEMENT OF TRUSTEE RESPONSIBILITIES
The Tnjstees are responsible for preparing the annual report and the financial statements of the
charity in accordance with applicable law and generally accepted accounting practice.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show
and explain the charity's transactions and disclose with reasonable accuracy at any time its financial
position. They are also responsible for safeguarding the assets of the charity and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the trustees at our annual general meeting on 29th April 2024 and signed on their
behalf by..
Shane
an (trustee)

Strule Tributaries and Rivers Trust Limited
Inde
endent Examiner's Re
and Rivers Trust Limited
ort to the Chari
trustees on the Unaudited Annual re
ort of Strule Tributaries
I report on the accounts of the Trust for the year ended 31st December 2023, which are set out overleaf.
Respective responsibilities of charity trustees and examiner
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the
Charities Act (Northern Ireland) 2008.
It is my responsibility to:
Examine the accounts under section 65 of the charities Act
Follow the procedures laid down in the general directions given by the Commission under section
65(9}(b) of the Charities Act
State whether particular matters have come to my attention
I have examined your charity accounts as required under section 65 of the Charities Act and my examination
was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland
under section 65(9)Ib) of the Charities Act.
My examination included a review of the accounting records kept by the charity and a comparison of the
accounts presented with those records. It also included consideration of any unusual items or disclosures in
the accounts, and seeking explanations from you as charity trustees concerning any such matters.
My role is to state whether any material matters have come to my attention giving me cause to believe:
That accounting records were not kept in accordance with section 63 of the Charities Act
That the accounts do not accord with those accounting records
That the accounts do not comply with the accounting requirements of the Charities Act
That there is further information needed for a proper understanding of the accounts to be reached.
I have completed my examination and have no concerns in respect of the matters (1) to {4) listed above and,
in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no
matters that require drawing to your attention.
Rodney Hamill 8Sc. FCA. TEP.
Hamill Mcllwaine
Chartered Accountants and Registered Auditors
28-30 Old Mounffield Road
Omagh
Co. Tyrone
BT79 7BJ
29th April 2024

Statement of Financial Activities
for the Year Ended 31 December 2023
Note
Restricted
funds
2023
Restricted
funds
2022
Restricted income
Charitable activities
Government grants
Investments
53,446
14,448
4,519
72,413
82,009
870
82,879
Expenditure on:
Charitable activities
(67,894)
(82,009)
Net incomelexpenditure
870
Net movement in funds
4,519
870
Total funds brought forward
47,810
46,940
Total funds carried forward
52,329
47,810

Re
istered number: N1622267
Detailed Balance Sheet
for the Year Ended 31 December 2023
2023
2022
CURRENT ASSETS
Cash at Bank
264,747
313,674
CREDITORS
Amounts falling due within one year
Tax
NET CURRENT ASSETS
264,747
313,674
TOTAL ASSETS LESS CURRENT
LIABILITIES
264,747
313,674
CREDITORS
Amounts falling due after more than one year
Accruals and deferred income
(212,418)
(265,864)
NET ASSETS
52,329
47,810
RESERVES
Restricted Fund
52,329
47,810
The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year
ended 31 December 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended
31 December 2023 in accordance with Section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for..
(a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the
Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the company as at
the end of each financial year and of its surplus or deficit for each financial year in accordance with the
requirements of Sections 394 and 395 and which othenmise comply with the requirements of the
Companies Act 2006 relating to financial statements, so far as applicable to the company.
The financial statements have been prepared in accordance with the micro-entity provisions.
The financial statements were approved and authorised for issue by the Board of Directors and authorised for
issue on 29th April 2024 and were signed on its behalf by..
S Colgan - Director

NOTES TO THE FINANCIAL STATEMENTS
STATUTORY INFORIVIATION
Strule Tributaries and Rivers Trust Limited is a private company, limited by guarantee, registered in
Northern Ireland. The company's registered number and registered office are as below:
Registered Number: N1622267
Registered office:
28- 30 Old Mountfield Road
Omagh
Co. Tyrone
BT79 7BJ
The presentation currency of the financial statements is the Pound Sterling (£).
HMRC Charity reference number.. N101217
Nl Charity Commission charity number.. 108872
AVERAGE NUMBER OF EMPLOYEES
There are 5 directors and the average number of other employees during the year was NIL (2022-. NIL).
EXPENDITURE
Restricted expenditure
Restricted
funds
2023
Restricted
funds
2022
Insurance
Bank charges
Sundry expenses
Accountancy
Habitat Improvement and Protection Scheme
Expenses
644
699
63
595
80,647
661
66,583
67,894
82,009