2024-06-30-accounts

River Blackwater Catchment Trust

(A Company Limited by Guarantee, not having a share capital)

River Blackwater Catchment Trust

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT) YEAR ENDED 30 JUNE 2024

Restricted Unrestricted Funds Funds 2024 2024 £ £ Incoming Resources Generated funds: Activities for generating funds Donations & Membership - 135 Charitable activities Tipperary County Council 9,583 2,506 Monaghan County Council 8,178 20,788 Golden Eagle Trust - - Department of Housing - - IFI - Rural Action Award - Hen Harrier 4,395 - Armagh City, Banbridge & Craigavon Borough Council - - Glaslough Tyholland GWS - 4,874 Total incoming resources 22,156 28,303 Net Incoming Resources available for charitable application 22,156 28,303 Resources Expended on Charitable Activities Expenditure on charitable activities 2 22,156 10,369 Cost of raising funds - - Total Resources Expended 22,156 10,369 Gross transfers between funds - - Surplus/(deficit) for the period - 17,934 Net movement in funds for the period - 17,934 Reconciliation of funds Balances brought forward at 1 July 2023 1,187 35,424 Balances carried forward at 30 June 2024 1,187 53,358	Total 2024 £ 135 12,089 28,966 - - - - 4,395 - 4,874 50,459 50,459 32,525 - 32,525 - 17,934 17,934 36,611 54,545	2023 £ 590 6,769 4,995 4,308 12,916 3,877 1,000 - 26,964 -
		61,419
		61,419 32,931
		-
		32,931 - 28,488
		28,488 8,123
		36,611

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River Blackwater Catchment Trust

(A Company Limited by Guarantee, not having a share capital)

River Blackwater Catchment Trust BALANCE SHEET As At 30 JUNE 2024 Notes £ Fixed Assets Tangible assets 4 Current Assets Debtors 8,341 Cash at bank and in hand 77,857 86,198 Creditors Amounts Falling Due Within One Year 5 31,653 Net Current Assets (Liabilities) Total Assets Less Current Liabilities Creditors Amounts Falling Due After One Year Total Assets Less Liabilities Funds Restricted & Unrestricted funds 7 Total Funds	2024 £ - 54,545 54,545 - 54,545 54,545 54,545	2023 £ £ - 8,341 39,651 47,992 11,381 36,611 36,611 - 36,611 36,611 36,611

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River Blackwater Catchment Trust (A Company Limited by Guarantee, not having a share capital)

These financial statements have been prepared in accordance with the provisions applicable to company’s subject to the small companies’ regime within Part 15 of the Companies Act 2006

For the financial period ended 30 June 2022 the charitable company was entitled to exemption from audit under Section 477 of the Companies Act 2006; and no notice has been deposited under Section 476.

The trustees acknowledge their responsibility for ensuring that the charitable company keeps accounting records which comply with Section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of the financial period and of its profit and loss for the financial period in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

Approved by the Board and authorised for issue on 24th March 2025 and signed on its behalf by

Daniel Curley RBCT Chairman

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River Blackwater Catchment Trust (A Company Limited by Guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS

30[th] June 2024

Basis of preparation

These financial statements have been prepared under the historical cost convention and in accordance with the Companies Act 2006 and Part 8 of the Charities Act (Northern Ireland) 2008. They also comply with the Statement of Recommended Practice Charities SORP FRS102 and with the financial reporting standards. The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the charitable company's financial statements.

First time adoption of Charities SORP (FRS 102)

In preparing the accounts, the Trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS102 a restatement of comparative items was needed. No restatements were required. There were no significant adjustments needed from the net income/(expenditure) under the previous Generally Accepted Accounting Practice (“GAAP”).

Cash flow statement.

The charitable company has availed of the exemption in FRS102 from the requirement to produce a cash flow statement because it is classified as a small charitable company.

Restricted funds

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

Unrestricted free reserves

Unrestricted funds are available for use at the discretion of the Management Committee in furtherance of the general objectives of the company.

Incoming Resources

Voluntary income or capital is included in the Statement of Financial Activities when the charitable company is legally entitled to it, its financial value can be quantified with reasonable certainty and there is reasonable certainty of its ultimate receipt. Entitlement to legacies is considered established when the charitable company has been notified of a distribution to be made by the executors. Income received in advance of due performance under a contract is accounted for as deferred income until earned. Grants for activities are recognised as income when the related conditions for legal entitlement have been met. All other income is accounted for on an accrual’s basis.

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River Blackwater Catchment Trust (A Company Limited by Guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

30[th] June 2024

Resources Expended

All resources expended are accounted for on an accruals basis. Charitable activities include costs of services and grants, support costs and depreciation on related assets. Costs of generating funds similarly include fundraising activities. Non-staff costs not attributed to one category of activity are allocated or apportioned pro-rata to the staffing of the relevant service. Finance, HR, IT and administrative staff costs are directly attributable to individual activities by objective. Governance costs are those associated with constitutional and statutory requirements.

Tangible fixed assets and depreciation

Fixed assets, including that which is funded by grants, are stated at cost less accumulated depreciation. The costs of individual fixed assets costing below £300 are not capitalised. Depreciation is provided at rates calculated to write off the costs of each asset over its expected useful life. Investments held as fixed assets are stated at cost.

• Plant and machinery - 15% Straight line

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Taxation

This organisation is a charity; therefore, there is no liability to corporation tax.

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River Blackwater Catchment Trust (A Company Limited by Guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

1	NET INCOMING RESOURCES	2024	2023
	Net Incoming Resources are stated after charging/(crediting):
	Depreciation of tangible assets	-	-
	Independent Examiner's remunertaion
	-independent eaxination services	834	897

Restricted Unrestricted Funds Funds 2024 2024 £ £ 2 EXPENDITURE ON CHARITABLE ACTIVITIES Environomental Improvement & Education Direct costs 22,020 - Training 3,829 Education services - - Equipment - 222 Insurance - 5,019 Bank charges - 218 Computer support - - General expenses - 274 Exchange rate variance 136 (27) Depreciation - - - - 22,156 9,535 Support costs: Governance costs 3 - 834 TOTAL 22,156 10,369	2024 £ 22,020 3,829 - 222 5,019 218 - 274 109 - - 31,691 834 32,525	2023 £ 21,277 4,135 1,938 4,497 142 - 108 (63) -
		32,034 897
		32,931

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River Blackwater Catchment Trust (A Company Limited by Guarantee, not having a share capital)

3 ANALYSIS OF SUPPORT AND GOVERNANCE COSTS GOVERNANCE Accountancy services 4 TANGIBLE FIXED ASSETS Cost or Valuation At 30th June 2024 Depreciation At 1st July 2023 Charge for year At 30th June 2024 Net Book Value At 30th June 2024 At 30th June 2023 5 CREDITORS Amounts falling due within one year Accruals Grants paid in advance Loan	834 Plant & Equipment 8,235 8,235 - 8,235 - - 650 31,003 - 31,653	897
		Total 8,235
		8,235 -
		8,235 -
		-
		650 10,731 -
		11,381

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River Blackwater Catchment Trust

(A Company Limited by Guarantee, not having a share capital)

6 ANALYSIS OF NET ASSETS BY FUND RESTRICTED FUND RESTRICTED FUND UNRESTRICTED FUND UNRESTRICTED FUND	Fixed Assets - - -	Current Assets 32,190 54,008 86,198	Current Liabilities Total 31,003 1,187 650 53,358 31,653 54,545

ANALYSIS OF MOVEMENTS IN FUNDS Restricted Unrestricted	Balance 1st July 2023 1,187 35,424	Incoming Resources 22,156 28,303	Balance Resources 30th June Expended 2024 22,156 1,187 10,369 53,358

7 ANALYSIS OF MOVEMENTS IN FUNDS

8 STATUS

The charitable company is a company limited by guarantee not having a share capital

The liability of the members is limited

Every member of the company undertakes to contribute to the assets of the company in the event of its being wound up while they are members, or within one year thereafter, for the payment of debts and liabilities

of the company contracted before they ceased to be members, and the costs, charges and expenses of winding up, and for the adjustment of the rights of the contributors among themselves, such amounts as may be required,not exceeding £1

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