Unaudtted Annual re
ort
for the Year Ended 31 December 2024
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 2024
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 Tributsries and Rivers Trust
Charity Number: NIC 108872
Principal Address
28-30 Old Mounffield Road
Omagh
BT79 7BJ
st
Charity Trustees as of 31 December 2024
Shane Colgan
Peter Archdale
Terry Smithson
Kate Crane (resigned 28th August 2024)
Robert Ellis
Accountantl 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 memberswho had brought a case in terms of pollution against
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 ea¢h 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 3Cting on its own behalf and also on behalf
of lo¢al extemal parties received an out of courtsettlement 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 trustto ensure this money was kept separate from the Agency's
core funding. The money was held by the Agency's soli¢itor 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 £57,560 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 £20,776 in funding from
DAERA for other schemes over and above the initial obje¢tive such as tree planting and fencing. We
also received a grant for £24,667 from the Rivers Trust to put together an operational and
management plan and to purchase a website and a functioning webstte. In 2025 we hope to continue
the spend on similar projects and also to seek extra funding to assist in the schemes planned.
Wthile the broad aim is to enhance and improve the rivers and tributaries wtthin 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
th 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 follo)Mng Objectives..
To conserve, protect, rehabilitste, reinstate and improve the rivers, streams, watercourses and
water impoundments of the catchments comprising the rivers River Strule and its tributaries
above the confluence of the River Owenkillew.
To carry out such works to reinstate or improve the habitat for inland fisheries of the Strule
catchment vpstream of, but excluding the River Owenkillew, in compliance NASCO
guidelines;
To advance the education of the public, or any association, company, local authority,
administrative or govemmental agency or public body or representative body in the
understanding, preservation and conservation of rivers, river corridors and catchments,
including their fauna, flora, and economic or social a¢tivtty, and river catchment management.
To secure and distribLrte 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, for the 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 Northem Ireland's guidance 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 2024 to 31 December 2024. All the Funds in
the chartty are restricted funds having been received from the court settlement as referred to above.
The movement in the fund in the period was..
2024
2023
Opening balance
Habitat improvement and protection scheme Costs
Sundry and bank fees
Insurance
Consultancy
(212,418)
12,116
631
654
14,160
{265,864)
52,135
644
661
Closing balance
(184,857)
(212,418)
STATEMENT OF TRUSTEE RESPONSIBILITIES
The Trustees are responsible for preparing the annual report and the financial statements of the
chartty in a¢¢ordance 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 ¢harity'S transactions and disclose with reasonable accura¢y at any time its financial
position. They are also responsible for safeguarding the assets of the charity and hence for tsking
reasonable steps for the prevention and dete¢tion of fraud and other irregularities.
Approve
behal
y the trustees at our annual general meeting on 28th August 2025 and signed on their
ane
gan {trustee)

Strule Tributaries and Rivers Trust Limited
Inde
endent Examinevs 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 31SI December 2024, which are set out overleaf.
Respective responsibilities of charity trustees and examiner
As the charity's tnjstees you are responsible for the preparation of the accounts in accordan¢e 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(91(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 ¢arrted out in accordance with the general Directions given by the Chartty Commission for Northern Ireland
under section 65(9}(b) of the Charities Act.
My examination included a review of the accounting records kept by the charty and a comparison of the
accounts presented with those records. It also included ¢onsideration of any unusual items or disclosures in
the accounts, and seeking explanations from you as charity trustees conceming 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 a¢¢ounts do not accord with those accounting records
That the accounts do not comply with the accounting requirements of the Charities Act
That there is fijrther 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 wtth following the Directions of the Charity Commission for Northern Ireland, I have found no
matters that require drawing to your attention.
Rodney Hamill Bsc. FCA. TEP.
Hamill Mcllwaine
Chartered Accountants and Registered Auditors
28-30 Old Mountfield Road
Omagh
Co. Tyrone
BT79 7BJ
28th August 2025

Statement of Financial Activities
for the Year Ended 31 December 2024
Note
Restricted
funds
2024
Restricted
funds
2023
Restricted income
Charitable activities
Government grants
Investments
27,562
45,443
7,119
80,124
53,446
14,448
4,519
72,413
Expenditure on:
Charttable activities
(73,702)
(67,894)
Net incomelexpenditure
4,519
Net movement in funds
6,422
4,519
Total funds brought fomard
52,329
47,810
Total funds carried forward
58,751
52,329

Re
istered number= N1622267
Detailed Balance Sheet
for the Year Ended 31 De¢ember 2024
2024
2023
CURRENT ASSETS
Cash at Bank
243,608
264,747
CREDITORS
Amounts falling due within one year
Tax
NET CURRENT ASSETS
243.608
264,747
TOTAL ASSETS LESS CURRENT
LIABILITIES
243,608
264,747
CREDITORS
Amounts falling due after more than one year
Accruals and deferred income
(184,857)
(212,418)
NET ASSETS
58.751
52,329
RESERVES
Restricted Fund
58,751
52,329
The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year
ended 31 December 2024.
The members have not required the company to obtsin an audit of its financial statements for the year ended
31 December 2024 in ac¢ordance 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 ofthe 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 othemise 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 o
th August 2025 and were signed on its behalf by..
n - Director

NOTES TO THE FINANCIAL STATEMENTS
STATUTORY INFORMATION
Strule Tributaries and Rivers Twst 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 yearwas NIL {2023.' NIL).
EXPENDITURE
Restricted expenditure
Restricted
fvnds
2024
Restricted
funds
2023
Insurance
Bank charges
Sundry expenses
Accountancy
Consultancy
Habitat Improvement and Protection Scheme
Expenses
654
644
622
697
14.160
57,560
661
66,583
67,894