mailes Goldie
CHARTERED ACCOUNTANTS
REGISTERED NUMBER:07182183
Lincolnshire Rural Support Network
Unaudited Financial Statements
31st March 2024
SD-0215783-1-6
ding
together.
ICAEW
CHARTERED
ACCOUNTANTS

, Lincolnshire Rural Support Network
Contents of the Financial Statements
for the year end￿ 31st March 2024
Page
Referonco and Admlnlstrativ• D•tails
Rèport of the Trustees
Independent Examin•rfs Report
Stat•m•nt of Financlal Activities
10
Balance Sheet
11 to 12
Notes to the Flnancial Statements
13 to 21

Lincolnshire Rural Support Network
Reference and Administrative Details
for the year ended 31st March 2024
TRUSTEES
Richard J Alderson
Della M Armstrong
Lisa M Boileau
G Jane Chard (resigned 22.11.2023)
Andrew T Hawes
Charles M R Holt (Treasurer)
Matthew J Phillips (Chair)
Rev Canon Alan J Robson
Sophie Jane Dunn
Alexander Godfrey
REGISTERED OFFICE
Lincolnshire Showground,
Grange-de-lings
Lincoln
LN2 2NA
REGISTERED COMPANY
NUMBER
07182183 (England and Wales)
REGISTERED CHARITY
NUMBER
1137678
INDEPENDENT EXAMINER
Smalles Goldie Limited
Chartered Accountants
Regent's Court
Princess Street
Hull
East Yorkshire
HU2 8BA
INVESTMENT MANAGERS
Brewin Dolphin
4th Floor
10 Wellington Place
Leeds
LS14AN
BANKERS
Lloyds Bank plc
High Street
Lincoln
Page 1

'Lincolnshire Rural Support Network
Registered number: 07182183
Report of the Trustees
for th• year ended 31st March 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their
report with the financial statements of the charity for the year ended 31st March 2024. The trustees have
adopted the provislons of Accounting and Reportlng by Charities: Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable
in the UK and Republic of Ireland (FRS 102) {effective 1 January 2019).
The financial statements have been prepared in accordance with the accounting policies set out in the notes
to the accounts and comply with the charity's governing document, the Charities Act 2011 and Accounting and
Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts
in accordance with the Flnancial Reporting Standard applicable in the UK and Republic of Ireland published
in October 2019.
The trustees can be contacted at Lincolnshire Rural Support Network, cjo Lincdnshire Agricultural Society,
Lincolnshire Showground, Grange-de-Lings, Lincoln, LN2 2NA.
OBJECTIVES AND ACTIVITIES
Objecllves, organisation and activities
The charity Vfds established in 2003. The objective Is to harness the human and financial reSoUr￿S available
to improve social and mental v￿lIbeing of individuals in rural Lincolnshire, in particular, but not exclusively,
through the provision of information and support.
The Gharity operates from the address above and the trUSt￿S can be contacted al the registered office. The
charily organises groups of volunteers giving support to individuals who are finding great difficulty in coping
with stressful situations In rural LinGolnshire. In the Spring of 2(M)9 a health screening facility was introduced
in Louth Livestock Market and exlended to Spalding Auction in May 2013 More re￿ntlY an outreach health
screening service was introduced, the Health Hut travels to remote locations acfOSS the county and offers
routine health screening checks to the farming and agriojltural community. An additional dinic setting at Melton
Mowbray Livestock Market has been piloted during the second half of 22123, with a view to extending the
charity's reach in the S¢JJth of the Gounty. The charity also provides a Freephone helpline staffed by volunteers
and ac￿Ssible every day of the year between the hours of 8am and 8pm.
The trustees wish lo express their gratitude for the work of our Head of Charity, Amy Thomas and our Health
and Wellbeing Lead Gilly Steel, Charity Support Manager Alison Pratt, Fundraising and Communications
Manager Sarah Poucher, Caseworker Lea Schofidd and the Nurses, Heather Dawes Rachel Carritt, Rose
Coffey and Alison Stanswood.
Page 2

Lincolnshire Rural Support Network
Registered number: 07182183
Report of the Trustees
for the year ended 31st March 2024
OBJECTIVES AND ACTIVITIES
Building on our success
The charity under the new leadership of the Head of Charity has continued to expand its work within the
Lincolnshire farming and wider rural community. The vrt)rk of the charity Is summarised in the table below.
qle 30 Jun 23
qle 30 Sept 23 qle 31 Dec 23
qle 31 Mar 24
Volume of casework managed
Amount of Finance Maximised
Number of client-related hours
121
2,700,000
5.572
146
2,720,000
7,308
182
2,720,000
7,765
2,720,000
9,136
The Health Hut continues to visit farm sales. seed trials, shows and other rural events where our nurses offer
routine health screening checks and health and wellbeing advi￿. This has been a particularly successful
endeavour, with 860h of people who receive health checks at the Health Hut, never having visited an LRSN
dinic before. Relationships w￿re developed with RABI, and LRSN are grateful for the resulting funding
arrangement which covers the full operational costs of the Health Hut for 3.5 years.
Recognising that we need to increase our reach in the south of Lincolnshire, we took the decision to work in
partnership with Farming Community Network. to pilot a health screening clinic at Melton Mowbray Livestock
Market. Initially the clinic itself was run under the LRSN banner, with support from FCN who provided a
fortnightly space for our nurse, and shared the costs of the pilot, as well as volunteers to promote the
opportunity to have a health check. The pilot was deemed successful, and relationships were fostered with
Melton Borough Council with a view to securing longer term funding. 2023124 marks the first year of operation
with financial support from Melton Borough Council via the UK Shared Prosperity Fund.
We have recorded an increase in health screening in all locations, as well as an increase in referrals to the GP
and Hospltal. In particular health screening undertaken at our static clinics (Louth, Spalding and Melton)
increased by 300/0.
Health Screening checks completed - Louth
Health Screening checks completed - Spalding
Health Screening checks completed - Melton
Outreach Health Sfieening Checks (Health Hut)
Referrals to GP
Referrals to hospital
Other Referrals
354
510 (of which 20/0 were from Lincolnshire)
3,806
226
1,308
We supported 248 famiing families throughout this period, which represented an increase of 150/0 in new case
volumes in comparison to the previous year. In addition we recorded an increase in the amount of time spent
supporting dients with our casework volunteers contributing a record 13,050 hours of their time to working with
dients, reflecting not only an increase in case volumes, but also an increase in the complexity of cases
supported. We recorded increases in business related support requests, finance and debt related support,
bereavement support and family and relationship related support. Stress and mental health related cases
continue to grow. A further breakdown of case￿￿rk data is provided bel¢)w:
Client Occupation
Client Age Groups
Farm Worker
Farm Owner
Farm Tenant
Horticulture
Relation of
Rural Industy
18- 24years
25 - 39 years
40 - 64 years
65+ years
160
27/0
Page 3

' Lincolnshire Rural Support Network
Registered number: 07182183
Report of the Trustees
for thè year ended 31st March 2024
OBJECTIVES AND ACTIVITIES
Client Location
Client Age Groups
East Lindsey
West Lindsey
Boston Borough
Lincoln
South Holland
North East LincL)Inshire
North Lincolnshire
North Kesteven
South Kesteven
37%
18Q
18- 24 years
25 - 39 years
40 - 64 years
65+ years
27°/
7¥0
Farm Type
Arable
Livestcek
Mixed
Poulty
Horticulture
Organic
Veg
39%
24%
290/0
10
The split between maleffemale clients narrowed, with 560A male and 44 % female (compared to 630/0 male,
370/9 female in the last financial year).
The LRSN helpline r￿1Ved 174 calls during the perlod 23124. Recognising the need to manage increased
call volumes, we have adively recruited a further volunteer call handlers and introduc£d a new rota system,
as well as a voicemail box and helpline email address which are available vthen the hdpline is not live.
We have continued to develop and maintain valuable partnership links with ¢ommunity4ed public sector teams
resulting in better serrfi￿ outcomes as V￿11 as opportunities for joint work and funding and have vK)rked with
partners to establish twtrway referral proc&sses.
There continues to be a growing demand for volunteers particularly with skills to assist people with mental
health problems and as demand for our services increases, we recognise the need to expand our volunteering
teams and ensure that they are supported and trained to support an increasingly complex caseload. During
2023124 our volunteer numbers rose to 61 (an increase of 13) and our vdunteers contributed 18,236 hours of
their time to help support agricultural and rural families across Lincolnshire. This is equal to an economic value
of £294,622.50.
Dr Annie Borrill MBBS MRCGP DFFP took up the post of Medical Director in early January 2016. She has a
wealth of experien￿ as a GP Partner at South Axholme Group Pradlce, Epworth. As a member of a North
Lincolnshire farming family she also brings an understanding of the issues that face farmers and their families.
She plays a key role in overseeing the clinical governan￿ of our health screening Servi￿ and provides
ongoing dinical input to the nursing team.
Public benefit
In setting objectives and planning activities the trustees have given due consideration to general guidance
published by the Charity Commission relating to public benefit.
Page 4

Lincolnshire Rural Support Network
Registered number: 07182183
Report of the Trustees
for the year ènded 31st March 2024
OBJECTIVES AND ACTIVITIES
Partn•rshlps
With the support of Famiing Community Network (FCN), Royal Countryside Fund {RCF) and Worshlpful Co of
Farmers (WCF), LRSN has made local and national government avrare of the problems faced by farmers and
their families, notably mental health issues and the difficulties and issues the industry faces. We have
maintained close links with Royal Agricultural Benevolent Institution (RABI), ARC-Addington, |¢)cal NHS
foundations and the Integrated Care system, Local Government, Dlocese of Lino)In, National Farmers Union,
Lincolnshire Young Farmers, Lincoln University, Trading Standards as well as many private sector
organisations.
2023124 saw LRSN develop new partnerships with RABI, Melton Mowbray Borough Council, Mercers
Charitable Foundation and the Department of Health and Social Care, alongside maintaining partnership
relationships with Waynflete Worth Foundation, Lincolnshire Integrated Care Board, Lincolnshire NHS, Royal
Countryside Fund, and Shine Lincolnshire.
We continue to utilise the Social Value Engine to evaluate our work. This accredited Social Value methodology
has enabled us to provide robust and creditable evidence of the financial value of-
£5.04 for every £1 invested in Casework Services
£5.12 for every £1 invested in Helpline Services
£4.50 for every £1 invested in Health Screening Servic£s (clinics)
£4.84 for every £1 invested in Health Screening via the LRSN Health Hut
We also ran a programme analysis incorporating all services. This shovts that a SROI was £4.95 per £1
invested.
To put this into context, the Treasury Guidance for Cr￿Ible SROI claims indicated that £4 is of a high level.
The unique'fit, of LRSN services in addressing a gap in support for Lincolnshire's 8gricultural and horticultural
communities and the types of difficulties they face, supports our evaluation against higher social value levels.
Marketlng and publiclty
We have continued to deliver our well supported quarterly newsletter as well as our digital offering, which
includes online reSoUr￿S on our v￿bsIte as well as a digital health screening service. In addition our newsletter
has been expanded to include two pages of information from Lincolnshire Rural 2nd Agricultural Chaplaincy
(LRAC). acknowledging that LRSN and LRAC are separate independent charities, but that we recognise the
benefit of V￿rkIng together to deliver support to people in Lincolnshire's agricultural community.
We held our annual Golf Day in May 2023. and our AGM with auction of promises in October 2023, both of
which were eX￿ptionallY well supported.
January 2023 saw the start of LRSN'S 25th anniversary, with celebrations planned throughout the year. This
commenced in January 2023 with Farmhouse Breakfast week at Louth Livestock Market, Spalding
Horticultural Auction and Melton Mowbray Livestock Market, followed by Pie and Pea Suppers in February
and a Quiz night in March. These and subsequent events, have been designed to provide a platform for raising
awareness of our message of support and of the work that LRSN carries out in the agricultural and horticultural
communities within Lincolnshire. We hope that they will also begin to tackle the loneliness that we know is
prevalent within our community, but providing opportunities for social engagement, linking into the ongoing
#TimeToTalk campaign.
Page 5

' Lincolnshire Rural Support Network
Registered number: 07182183
Report of the Trustees
for the year ended 31st Ma￿h 2024
OBJECTIVES AND ACTIVITIES
Volunt••rs
The enlarged support group is divided into groups covering the helpline, caseworker visits, marketing and
publicity. The main aim of the helpline and casework visits is to provide a tailored mix of advocacy, signposting
and practical and emotional assistance, whlch enables clients to determine their own strategies for the future
of their business and the farming family.
We have been pleased to V￿lcOme new volunteers to our team and all are actively involved In all aspects of
the services ￿￿ deliver. We ensure a full and comprehensive induction and training programme along with
regular team meetings and communiGqtions.
In recognitlon of the Importan￿ and value of volunteers to LRSN, we were successfully reaccredited under
Investing in Volunteers in November 2023.
FINANCIAL REVIEW
Review of Financial activities and affairs
In the year to 31st March 2024 the charity received much of its income in the form of grant income and
donations from both individuals and charitable trusts. The charity also receives bank interest and alms to earn
a return on our investrnents. The trustees report net inc£>ming resources of £152,865 (2023 £115,742) which
are added to the charl￿S accumulated funds.
Funding
The charity is grateful for support and assistance from the local Integrated Care Board (ICB) and County
Council and significant contributions from the farming and rural community without whom it vlould not be
possible to service the needs of the agricultural and rural community in Lincolnshire.
The Trustees thank their sponsors Frontier Agriculture, Waynfiete Worth Foundation, our independent
examiners and newsletter sponsor Smalles Goldie, Optum Commissioning Support Unit, National Farmers
Union (NFU), Brown & Co, Young Famiers, Springfield House Association, Woldmarsh, Wright Vigar, Peacock
& Binnington, Lincolnshire County Council, RABI, Melton Mowbray Borough Council, mer￿rS Charitable
Foundation, the Department of Health and s￿la1 Care, the Royal Countryside Fund, and Shine Lincolnshire.
In addition vrfe extend our thanks to land agents, solicitors, charitable trusts, agriojltural trade suppliers and
the many other supporters who have given generously to the fundraising support over the last year and not
least the volunteers of the Lincdnshire Rural Support Netsvork. The value of this support is substantial, and
Ive are extremely grateful for it.
Recognising the need to identify sustainable funding sources, the Trustees of the Charity took the decision to
develop a legacy giving programme. Whilst this is a fledgling programme and recognising that legacy
fundraising is a long term pr¢)spect, vrfe are pleased to report that our legacy programme has been launched
in partnership with LAS and LRAC.
Investment policy and objectlves
An investment policy has been approved by trustees, ensuring that funds are only invested with approved well-
known institutions, and in their funds that are demonstrably low to medium risk only. For instan￿, exposure
to equities will be kept to a low level. Our independent examiners, Smalles Goldie have been kept fully
informed of our policy in this regard.
Page 6

Lincolnshire Rural Support Network
Registered number: 07182183
Report of the Trustees
for the year ended 31st March 2024
FINANCIAL REVIEW
Reserves policy
We define reseryes as: The amount of money that y￿ need to hold unspent as a buffer against those "rainy
days. where, for a variety of reasons, we may find that our payments and c¢Jnmitments are outstripping our
receipts in a VRY that, without reserves, the charity would be unable to pay its bills on time.
It is important to state that we do not regard any of our restricted funds as 'reserves'. This is because they can
only be spent as required by the donors, and must not be used for general purposes, even if V￿ consider they
are for the furtherance of the objectives of the charity.
There are specific funds restricted to the provision of the health screening sep4ice, training. the employment
of our Health & Wellbeing Lead, and to the placement of our caseworker in South Lincolnshire.
The purpose of our reserves policy is to explain to the Charity Commission, major funders and donors, the
charity's beneficiaries and the public at large why we may hold unspent charitable funds (whether in a bank,or
deposit account, or other form of investment) instead of spending it on promoting the charity's charitable
activities for the public benefit.
Our reserves are to be categorised under four headings".
Contingency
These are funds required to cover unforeseen day-to-day running costs for a period of six months.
Commitment
These are funds to cover items that we have already decided that we will do and which if we did not do, it
would be to the detriment of the charity.
Cashflow
We do not consider that any further items need to be included under this heading. The heading above,
Contingency, covers this adequately.
Closure
It is unlikely that the charity will be faced with cessation or closure in the near future. Therefore we do not feel
that this is a significant risk. and therefore we do not need to allocate considerable reserves to this heading.
Nevertheless. we consider that a sum roughly equivalent to six months salary costs should be included under
thls heading.
NEW DEVELOPMENTS
We have continued to work with a freelance bid writer, increasing our capacity to respond to funding
opportunities in a timely manner and ensure that our fInan￿S remained in good shape.
The Trustees and Head of Charity have commenced work on developing a new business strategy which will
be finalised and launched at our AGM in 2023. The strategy reaffirms our charity's objedives and vlsion and
dearly sets out a framework and pathway for delivery and development. The prO￿sS has been informed by
our volunteers and stakeholders through a series of consultation sessions.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Govemlng document
The organisation is a charitable company limited by guarantee, incorporated on 9th March 2010. It was
registered with the Charity Commlssioners with charity number 1137678 on 31 st August 2010. The company
was established under a Memorandum of Articles vthich established the objects and powers of the charltable
company and is governed by its Articles of Association.
Recrultment and appolntment of new trustees
Trustees appointed during the year are confirmed at the next Annual Genera5 Meeting held each year. Trustees
are appolnted for three years but can be redected.
Page 7

Lincolnshire Rural Support Network
Registered number: 07182183
Report of the Trustees
for the year ended 31st March 2024
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006
relating to small companies.
Approved by order of the board of trustees on 9th October 2024 and signed on its behalf by:
Charles M R Holt (Treasurer)- Trustee
Page 8

Independent Examiner's Report to the Trustees of
Lincolnshire Rural Support Network
Inde￿ndent examinèrfs report to the trustees of Llncolnshir6 Rural Support Network {'the Company,)
report to the charity trustees on my examination of the accounts of the Company for the year ended
31st March 2024.
Responsibilities and basis of report
As the Gharity's trustees of the Company (and also its directors for the purposes of company law) you are
responsible for the preparation of the accounts in aC￿rdance with the requirements of the Companies Act
2006 {'the 2006 Act,).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the
20(E Act and are eligible for independent examination, I report in respect of my examlnation of your charity's
accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act,). In carrying out my
examination I have followed the Directions given by the Charity Commlssion under Section 145(5) (b) of the
2011 Act.
Independent examin•rfs statem•nt
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I
can confirm that l am qualified to undertake the examination because l am a member of the Institute of
Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to believe:
accounting records were not kept in respect of the Company as required by Section 386 of the 2006
Acl,. or
the accounts do not accord with those records. or
the accounts do not comply with the accounting requirements of Seciion 396 of Ihe 2006 Act other than
any requirement that the accounts give a true and fair view whlch is not a matter considered as part of
an independent examination,. or
the accounts have not been prepared in accordance with the methods and principles of Ihe Statement
of Recommended Practice for accounting and reporting by charities (applicable to charities preparing
their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic
of Ireland (FRS 102)).
I have no concerns and have come acyoss no other matters in connection with the examination lo which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
S. T. Bramall, Bsc., F.C.A.,
Smalles Goldie Limited
Chartered Accountants
Regent's Court
Princess Street
Hull
East Yorkshire
HU2 88A
9th October 2024
Page 9

' Lincolnshire Rural Support Network
Statement of Financial Activities
(Incorporating an Income and Expenditure Account)
for the y6ar andod 31st March 2024
2024
Total
funds
2023
Total
funds
Unrestricted Restricted
fursd
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
201,121
68,304
269,425
328.199
Charltablo activities
Charitable activities
176,082
176,174
114,444
Investment income
82
Total
216,371
244,386
460.757
442,725
EXPENDITURE ON
Raising funds
5,129
5,129
Charitable actlvltlos
Charitable activities
186,981
356 592
304,371
Total
174,740
186,981
361.721
304,371
Net gainsl(losses) on investments
53,829
22,612)
NET INCOME
95,460
57,405
152,865
115,742
RECONCILIATION OF FUNDS
Total funds brought forward
434,755
283,257
718,012
602,270
TOTAL FUNDS CARRIED FORWARD
530 215
340,662
870,877
718,012
The notes form part of these financial statements
Page 10

Lincolnshire Rural Support Network
Registered number: 07182183
Balance Sheet
31st March 2024
2024
2023
Notes
FIXED ASSETS
Tangible assets
Investments
12
13
4,299
711,399
10,443
640,555
715,698
650,998
CURRENT ASSETS
Debtors
Cash at bank
14
15
34001
219.587
19,186
253,588
98,920
CREDITORS
Amounts falling due within one year
16
(98,409)
(31.906)
NET CURRENT ASSETS
155 179
67,014
TOTAL ASSETS LESS CURRENT
LIABILITIES
870,877
718,012
NET ASSETS
870 877
718 012
FUNDS
Unrestricted funds
Restricted funds
18
530,216
434,755
283,257
TOTAL FUNDS
870,877
718,012
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 20[￿ for
the year ended 31 st March 2024.
The members have not required the company to obtain an audit of Its financial statements for the year ended
31 st March 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge Iheir responsibilities for
(a)
ensuring that the charitable company keeps accounting records that 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 of the charitable
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 otherwise comply with the
requirements of the Companies Act 20(￿ relating to financial statements, so far as applicable to the
charitable company.
The notes form part of these finandal statemerlts
Page 11
continued...

Lincolnshire Rural Support Network
Registered number: 07182183
Balance Sheet- continued
31st March 2024
These financial statements have been prepared in accordan￿ with the provisions applicable to charitable
companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on
9th October 2024 and were signed on its behalf by..
Charles M R Holt (Treasurer)- Trustee
The notes form part of these financial statements
Page 12

Lincolnshire Rural Support Network
Notes to the Financial Statements
for the year ended 31st March 2024
ACCOUNTING POLICIES
Basls of pr•parlng the flnanclal statèmènts
Lincolnshire Rural Support Network is a company limited by guarantee in England. In the event of the
charity being wound up. the liability in respect of the guarantee is limited to £1 per member of the charity.
The address of the registered offlce is given in the tharity information on page 1 of these financial
statements. The nature of the charity's operations and principal activities are focused on improving the
social and mental wellbeing of individuals in rural Lincolnshire through the provision of information and
support.
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have
been prepared in accordance with Accounting and Reporting by Charities.'Slatement of Recommended
Practice appllcable to charities preparing their accounts in accordance with the Financial Reportlng
standard appllcable in the Uk and Republic of Ireland issued in October 2019, the Financial Reporting
standard applicable in the United Kingdom and Republic of Ireland (FRS 102). the Charities Act 2011,
the Companies Act 2006 and UK Generally Accepted Accounting Practice.
The financial statements are prepared on a going concern basis under the historical cost convention,
modified to include certain items at fair value. The financial statements are presented in sterling which
is the functional currency of the charily and rounded to the nearest £.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the
funds, it is probable that the income will be received and the amount can be measured reliably.
Dividends on investments and bank interest are accounted for in the period in which they are received.
Exponditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation
committing the charity to that expenditure, it is probable that a transfer of economic benefits will be
required in settlement and the amount of the obligation can be measured reliably. Expenditure is
accounted for on an accruals basis and has been dassified under headings that aggregate all cosl
related to the category. Where costs cannot be directly attributed to particular headings they have been
allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated
useful life.
Market equipment
Computer equipment
33 % on cost
33Q/o on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the
trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity.
Restrictions arise when specified by the donor or then funds are raised for partlcular restricted
purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial
statements.
Page 13
continued...

Lincolnshire Rural Support Network
Notes to the Financial Statements - continued
for the year ended 31st March 2024
ACCOUNTING POLICIES - contlnued
Investments
Investments are Sncluded in the accounts at market value. The market value of Stock Exchange
Securities is based on the mlddle market quotation on the relevant stock Exchange at the year end.
The market value of Unlt Trusts Is taken as the bid price of such Investments at the year. The purchase
price and sale pr￿d$ of Investments b￿ght and sold refiect all relevant direct deallng costs.
Reallsed and unrealised gains and10&8es (m Investments are dealt with in the Fund account for the
year in vthich they relate.
Voluntear contribution
Trustees and vdunteers provide support to Llncolnshire Rural Support Network. It is nelther practical
nor feasib￿ to place an accurate value on the time volunteered by these persons.
DONATIONS AND LEGACIES
2024
2023
Fundralsing
Donations
26,168
288,219
Donations indudes the followlng:
2024
2023
Corporate and charitable trusts
Individuals
171,980
71,277
143,093
145.126
243,257
288,219
INVESTMENf INCOME
2024
2023
Listed investments
Deposit account interest
12,682
82
82
Page 14
continued...

Lincolnshire Rural Support Network
Notes to the Financial Statements - continued
for the year ended 31st March 2024
INCOME FROM CHARITABLE ACTIVITIES
2024
2023
Aclivity
Charitable actlvltles
Grants
176 174
114.444
Grants received, induded in the above, are as follows:
2024
2023
NHS funding grants
Department of Health and Srtial Care
Lincolnshire County Council
Royal Agricultural Benevolent Instltution
UK Shared Prosperlty Fund
The Princes Fund Royal Countryside Grant
105,214
17,814
114.444
28,253
19.801
176.174
RAISING FUNDS
Investment manag•ment costs
2024
2023
Portfolio management
5,129
CHARITABLE ACTIVITIES COSTS
Direct
Costs (see
note 7>
Support
costs (see
note 8)
Totsls
Charftable actlvltles
355 700
892
356.592
DIRECT COSTS OF CHARITABLE ACTMTIES
2024
2023
Salaries
staff expenses
Travel
Training
Depreciation
Insurance
Promotion and publidty
Postage ststionery telephone meetings and software
Bank charges
Sundries
Prlnces fund expenses
Chaplalncy
Subsctiptk)ns
231,712
11,$40
24,878
6,850
6,144
5.720
31.878
27,718
318
2,301
205,981
8,894
16,385
2,650
6.160
4,615
33,823
21.241
343
858
439
1,9)0
303.435
Page 15
contlnued...

' Lincolnshire Rural Support Network
Notes to the Financial Statements - continued
for the year ended 31st March 2024
SUPPORT COSTS
Governance
costs
Charitable activities
892
Support costs. included in the above, are as follows..
2024
Charitable
activities
2023
Total
activities
Accountancy
892
936
NET INCOMEI{EXPENDITURE)
Net incomel{expenditure) is stated after chargingl(crediting):
2024
2023
Depreciation - owned assets
6.144
6,160
10. TRUSTEES. REMUNERATION AND BENEFITS
No trustees received remuneration or other benefits in their capacity as a trustee for the year ended
31 st March 2024 nor for the year ended 31 st March 2023.
Trustees. expens•s
There V￿re no trustees, expenses paid for the year ended 31 st March 2024 nor for the year ended
31st March 2023.
11. STAFF COSTS
2024
2023
Wages and salaries
Social security costs
Pension
213.485
13,908
4,319
83,558
13,210
9.213
231,712
205 981
The average monthly number of employees during the year as follows..
2024
2023
Case vrforker
Nurses
Management
Administrator
Health and well-being lead
10
No employees received emoluments in excess of £60,(X)O.
Page 16
continued...

Lincolnshire Rural Support Network
Notes to the Financial Statements - continued
for the year ended 31st March 2024
12. TANGIBLE FIXED ASSETS
Market
equipment
Computer
equipment
Totals
COST
At 1st April 2023 and 31st March 2024
18,198
25.796
DEPRECIATION
At 1st April 2023
Charge for year
8,062
7.291
307
15,353
At 31st March 2024
13,899
7,598
NET BOOKVALUE
At 31st March 2024
4,299
4,299
At 31 st March 2023
307
10,443
13. FIXED ASSET INVESTMENTS
Listed
investments
MARKET VALUE
At 1st April 2023
Additions
Disposals
Revaluations
640,555
131,737
{114,722)
53,829
At 31 st March 2024
NET BOOKVALUE
At 31 st March 2024
At 31st March 2023
640,555
Cost or valuation at 31 st March 2024 is represented by..
Llsted
inv•stments
Valuation in 2024
Cost
53,829
711,399
Page17
continued...

° Lincolnshire Rural Support Network
Notes to the Financial Ststements - continued
for the y•ar •nded 31st March 2024
14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
other debtors
Prepayments
28.614
9,004
34.001
19,186
15. CASH AT BANK
2024
Total
funds
2023
Total
funds
Current account
Deposit accounts
Investment cash
9,989
209,598
26,931
35,487
17,316
Total
16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Accruals
Deferred income
18,947
79,462
28,306
3,600
Deferred income relates to grants which the charity has received and the funding agreement specifically
stipulates the grant or an element thereof is to fund aciivities or expenditure to be incurred in a future
period.
17. ANALYSIS OF NET ASSEfs BETWEEN FUNDS
2024
Total
funds
2023
Total
funds
Unrestricted Restricted
fund
funds
Fixed assets
Investments
Current assets
Current liabilities
4.299
370,738
253,588
4299
711,399
253,588
10,443
640,555
98,920
340,661
530,216
340,661
870.877
718,012
Page 18
continued...

Lincolnshire Rural Support Network
Notes to the Financial Statements - continued
for the year ended 31st March 2024
18. MOVEMENT IN FUNDS
Net
movement
in funds
At
31.3.24
At 1.4.23
Unrestrfcted funds
General fund
434,755
95,461
530,216
Restrict￿ funds
Grants tovrfards health screening and
NHS contracls
Grants towards training
Prince's Countryside fund
Rural mental health
Grants towards management
94,353
51,157
48,856
69,090
19,801
(39,588)
(3,738)
5,000
103,803
8,073)
54.765
47,419
53,856
172,893
11,728
283 257
57,404
TOTAL FUNDS
718.012
152,865
870.877
Net movement in funds, included in the above are as fcAIows:
Incoming
resources
Resources
expended
Gains and Movement
losses
in funds
Unrestrlcted fvnds
General fund
216,371
(174,739)
53,829
95,461
Restrfcted funds
Grants towards health screening and
NHS contracts
Grants towards training
Prince's Countryside fund
Rural mental health
Grants towards management
11,337
3,160
5.000
171,745
(50,925)
{6,898)
(39,588)
(3,738>
5,000
103,803
8,073)
{67,942)
61,217)
244.386
57,404
TOTAL FUNDS
460,757
361721)
Page 19
continued..

'Lincolnshire Rural Support Network
Notes to the Financial Statements - continued
for the year ended 31st March 2024
18. MOVEMENT IN FUNDS - continued
Comparativ•s for movement In funds
Net
movement
in funds
At
31.3.23
At 1.4.22
Unrestrlctad funds
General fund
368,928
65,827
434,755
Restrfcted funds
Grants towards health screening and
NHS contracts
Grants towards training
Prince's Countryside fund
Rural mental health
Grants towards management
74,944
50,807
31,841
59,243
16,507
19.409
350
17,015
9,847
3,294
94,353
51,157
48,856
69,090
233,342
49,915
283,257
TOTAL FUNDS
602,270
115,742
718,012
Comparative net movement in funds, induded in the above are as follows:
Incoming
reSoUr￿S
ReSoUr￿S
expended
Gains and Movemenl
losses
in funds
Unrestrlcted funds
General fund
242,682
(154,243)
(22,612)
65,827
Restricted funds
Grants towards health screening and
NHS contracts
Grants towards training
Prince's C(MJntryside fund
Rural mental health
Grants towards management
58.045
(38,636)
{2,650)
(439)
(58,553)
49,850}
19,409
350
17,015
9,847
3,294
17,454
68,4CM)
53,144
200,043
150,128
49,915
TOTAL FUNDS
442,725
304,371)
22,612)
115,742
Page 20
continued...

Lincolnshire Rural Support Network
Notes to the Financial Statements - continued
for thè year ended 31st March 2024
19. RELATED PARTY DISCLOSURES
The charity paid £3,312 (2023 £3,312) to Charles Holt Consultancy for the provision of financial
administration services. C M R Holt, a charity trustee, Is a partner in Charles Holt Consultancy.
Page 21