THE WYE AND USK FOUNDATION

1. THE WYE AND USK FOUNDATION 2002-12-09 → present
2. THE WYE FOUNDATION 1997-04-02 → 2002-12-09

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“the trustees are satisfied that adequate resources are available to meet all current obligations, but they will seek to continue with a level of reserves sufficient to meet cash flow requirements and continue without recourse to overdraft facilities.”

Significant events

• “During 2024 the staffing was mostly stable. The team increased by one staff member to 35 by the end of the year. There was a temporary change in CFO during the year due to long term absence.”
• “Bidding activity increased and during the year WUF secured 15 projects totalling £926,661 during 2024. A further £604k of projects are with funders awaiting approval and we are developing catchment markets, and our partnership with the water companies and agri-supply, which will realise further opportunities in the future.”
• “2024 saw a leap forward in our understanding of the factors affecting the rivers. The Castco project has been intensively monitoring the Usk. By combining data from eDNA, citizen science, sondes and electrofishing we were able to identify that high and low flows, soil loss and stream turbidity are the main drivers for fish populations.”
• “During 2024 the electro-fishing programme conducted by WUF staff showed a large increase in salmonid numbers in the upper sections of both rivers. The numbers were on a parr with the best numbers on record which date back to the 1970's. These were produced from a run that gave the lowest rod catch on record. This questions the use of rod catch as a barometer for salmon populations.”
• “Natural capital opportunities developed further in 2024 as we were successful in getting onto the water companies procurement framework for the upcoming AMP (Asset Management Period). This will generate opportunities in the coming years as we share their objectives for cool clean rivers.”
• “The Passport scheme, now in its 21st year increased sales by 3% to £449,819 generating a surplus of £22,838 (2023: £29,283 surplus) which was used to support our work to aid the restoration of our two rivers.”
• “2024 saw a stabilisation in the foundation's funding and capacity with the growth of Natural Capital and monitoring offsetting reduced opportunities for the Farm team.”
• “Invested funds and donations grew the fund by 13% in 2024 to £400,605 by year end.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -24.1%

  £1,869,668 → £1,418,962

• Cash

  -40.7%

  £697,028 → £413,144

• Net assets

  -31.7%

  £1,058,398 → £722,689

• Employees

  +21.4%

  28 → 34

• Wages

  +21%

  £893,046 → £1,080,827

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers