THE WYE AND USK FOUNDATION

Charity number: 1080319
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Projects and actions to improve riparian habitats and water quality for salmon and other indigenous species of animal and plant life of the rivers Wye and Usk and their tributaries and catchments and economic benefits through the regeneration of fisheries and associated angling tourism.

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£2,017,909

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Donations and legacies £140.10k
Charitable activities £1.87m
Other trading activities £0
Investments £8.14k
Other £0

Total expenditure:
£1,988,641

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Raising funds £15.37k
Charitable activities £1.97m
Other £0

£21,887 investments gains (losses)

Total income includes £308,546 from 14 government contract(s) and £467,462 from 11 government grant(s)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £15.37k
Charitable expenditure £1.97m
Retained for future use £29.27k

People

28 Employee(s)

12 Trustee(s)

274 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 1

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Education/training
  • Arts/culture/heritage/science
  • Amateur Sport
  • Animals
  • Environment/conservation/heritage
  • Economic/community Development/employment
  • Recreation
Who the charity helps:
  • Children/young People
  • Other Defined Groups
  • The General Public/mankind
How the charity helps:
  • Provides Services
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
  • Acts As An Umbrella Or Resource Body
  • Other Charitable Activities
Where the charity operates:
  • Ceredigion
  • Denbighshire
  • Gloucestershire
  • Gwynedd
  • Herefordshire
  • Monmouthshire
  • Powys
  • Torfaen

Governance

Registration history:
  • 13 April 2000: Standard registration
Organisation type:
Charitable company
Other names:
  • THE WYE AND USK FOUNDATION (Working name)
  • THE WYE FOUNDATION (Previous name)
Company number:
03343965 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Campaigns and political activity policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Engaging external speakers at charity events policy and procedures
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

12 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Charles Newington-Bridges Chair 04 November 2016
None on record
Anthea Elizabeth Joy McIntyre Trustee 21 March 2025
FIRST CHURCH OF CHRIST SCIENTIST HEREFORD
Received: On time
Andrew John Pyle Trustee 24 November 2023
None on record
Matthew James Newsum Taylor Trustee 24 November 2023
None on record
CHARLES BERESFORD PARRY DE WINTON Trustee 24 June 2022
THE BRECKNOCKSHIRE AGRICULTURAL SOCIETY
Received: On time
THE BRECON TRUST
Charity reporting is overdue by 1675 days
Jonathan Fiennes Bengough Trustee 24 June 2022
None on record
Fiona Margaret Hillman Trustee 19 March 2021
None on record
Richard Laurence Norman Trustee 19 March 2021
None on record
Dr Anthony Robert Douglas Lavers Trustee 19 March 2021
None on record
ALAN PHILIP JOHNSON FRCS Trustee 01 June 2018
None on record
Peter John Horsburgh Trustee 04 November 2016
None on record
ELIZABETH PASSEY Trustee 13 June 2011
None on record

Financial history

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Financial period end date

Income / Expenditure 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Total gross income £1.34m £1.46m £1.76m £2.02m £2.02m
Total expenditure £1.22m £1.37m £1.66m £1.63m £1.99m
Income from government contracts £130.71k £221.11k £242.55k £393.42k £308.55k
Income from government grants £622.18k £713.56k £449.99k £333.38k £467.46k
Income - Donations and legacies £129.73k £169.40k £262.42k £182.71k £140.10k
Income - Other trading activities £1.49k £393 £393 £0 £0
Income - Charitable activities £1.21m £1.29m £1.52m £1.83m £1.87m
Income - Endowments £15.97k £18.80k £22.58k £0 £0
Income - Investment £4.80k £3.95k £4.67k £5.46k £8.14k
Income - Other £779 £0 £0 £0 £0
Income - Legacies £0 £0 £0 £12.00k £0
Expenditure - Charitable activities £1.22m £1.35m £1.61m £1.59m £1.97m
Expenditure - Raising funds £1.83k £23.11k £42.14k £42.59k £15.37k
Expenditure - Governance £11.86k £7.00k £7.00k £7.28k £12.71k
Expenditure - Grants institution £0 £117.97k £139.82k £24.25k £0
Expenditure - Investment management £1.40k £1.51k £1.88k £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Own use assets £29.29k £16.90k £6.62k £1.74k £240
Long-term investments £223.45k £238.82k £290.07k £272.81k £319.10k
Other assets £452.26k £690.32k £681.55k £1.14m £996.42k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £303.35k £444.38k £317.89k £405.40k £257.36k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 December 2023 31 October 2024 On time
Accounts and TAR 31 December 2023 31 October 2024 On time Download Open in new window
Annual return 31 December 2022 30 January 2024 91 days late
Accounts and TAR 31 December 2022 30 January 2024 91 days late Download Open in new window
Annual return 31 December 2021 31 October 2022 On time
Accounts and TAR 31 December 2021 31 October 2022 On time Download Open in new window
Annual return 31 December 2020 29 October 2021 On time
Accounts and TAR 31 December 2020 29 October 2021 On time Download Open in new window
Annual return 31 December 2019 15 October 2020 On time
Accounts and TAR 31 December 2019 15 October 2020 On time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES INCORPORATED 02/04/1997 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 05/10/1997 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 12/02/2000 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 19/10/2000 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 04/01/2001 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 31/07/2002 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 22/06/2007 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 25/10/2011 as amended on 23 Apr 2019

Charitable objects

(I) To conserve and maintain, protect, restore and improve the environments and habitats of the rivers Wye and Usk, their entire catchments, tributaries, watercourses and estuaries, including the Severn Estuary, together with their fish species especially salmon and other indigenous species of animal and plant life. (ii) To advance education in the conservation of rivers, river catchments and their animal and plant life and the need for conservation, protection, restoration and improvement of such environments for the wellbeing of future generations.

Area of benefit

The area the charity can operate in, as set out in its governing document.

RIVER WYE AND USK

Contact information

Address:
The Right Bank
The Square
Talgarth
BRECON
LD3 0BW
Phone:
01874711714
Email:
admin@wyeuskfoundation.org
Website:

www.wyeuskfoundation.org Open in new window