TEES RIVERS CHARITABLE TRUST

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

Consolidated group

Auditor

Sumer Auditco Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Board is confident that the charity is in a strong financial position and has adequate reserves and funding to continue to deliver its activities for the foreseeable future. In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group or parent charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. TEES RIVERS CHARITABLE TRUST · parent
   1. Nature Based Solutions Limited 100% · England and Wales · Landscape service activities

Significant events

• “Following a year of consolidation in 2023-24, this year has been one of growth for the Tees Rivers Trust. Our continued growth in the scope and ambition of our trading arm, Nature Based Solutions Ltd (NBS), has enabled us to generate unrestricted funds to donate to the Trust and thus underpin our core deliverables.”
• “At the end of last year, we completed the purchase of Galley Law Farm and this year have been working on developing plans for its conversion into a Local Nature Recovery Strategy demonstration area.”
• “Our Tees Estuary Restoration Initiative (TERI) continued to grow in terms of both scale and ambition, with home-grown seed yield increasing exponentially.”
• “In the headwaters we have continued to deliver remediation work on historic metal mines as part of the Water and Abandoned Metal Mines (WAMM) programme.”
• “Towards the end of this year we were successful in applying for a development phase grant from the National Lottery Heritage Fund (NLHF) with an approximate total value of £3m.”

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

Filings

4

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

  -71.3%

  £6,964,381 → £2,001,842

• Cash

  +98.6%

  £628,808 → £1,248,520

• Net assets

  +11.1%

  £6,534,776 → £7,257,300

• Employees

  +36.4%

  11 → 15

• Operating profit

  -87.7%

  £5,897,280 → £722,524

• Profit before tax

  -87.7%

  £5,897,280 → £722,771

• Wages

  +42.1%

  £369,476 → £524,866

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers