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2023-04-21-accounts

Charity registration number: 1137979

The Lesley Haskins Charitable Trust

known as

The Erica Trust

Annual Report and Financial Statements

for the Year Ended 21 April 2023

The Lesley Haskins Charitable Trust

known as The Erica Trust

Contents

Reference and Administrative Details 1
Trustees' Report 2 to 4
Statement of Trustees' Responsibilities 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Financial Statements 9 to 16

The Lesley Haskins Charitable Trust

known as The Erica Trust

Reference and Administrative Details

Trustees Dr L Haskins Mr J White Dr A Nicholson Principal Office Woodland House Northleigh Lane Colehill Wimborne Dorset BH21 2PL Charity Registration Number 1137979 Bankers TSB Wimborne The Square Wimborne Dorset BH21 1JE Accountants Neil Ayton FCA Chartered Accountant DNA Accountancy Services Ltd 24 The Mallards Totton Southampton SO40 3FQ

Page 1

The Lesley Haskins Charitable Trust

known as The Erica Trust

Trustees' Report

The trustees present the annual report together with the financial statements of the charity for the year ended 21 April 2023.

Objectives and activities

Objects and aims

The Trust's Governing Document gives a wide remit which includes the acquisition and preservation of land and the preservation of nature and wild life generally in any part of the world.

The Trustees chosen target area is the south-east Dorset. it is here that the charity seeks to address the critical problems of habitat and species loss which occur in and around its urban fringe. In particular it looks to proactively pursue the acquisition of sites which have existing value, have potential to deflect damage from adjoining or nearby sites of value and have the potential to develop their own value- or any combination thereof.

Our underlying policy is to pursue, or to step in, when and where others are unable or unwilling to take effective action; that is to fill identified gaps and not to duplicate.

Public benefit

We promote public access, appreciation and enjoyment as appropriate to the type and purpose of the site acquired.

The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Page 2

The Lesley Haskins Charitable Trust

known as The Erica Trust

Trustees' Report

Lesley Haskins Charitable Trust, Trustees Report 2022/23

The major new achievement in this year was the clear felling of the eastern part of Hollow Woods with a view to returning most of it to heathland. Being directly opposite existing SSSI heathland the felling licence for deforestation had been relatively easy to obtain. Bad weather hindered brash removal which was particularly dense under the Monterey pines. Part of the northern edge was deer fenced to encourage a broadleaved woodland band alongside the old boundary oaks.

The same felling contractors also cleared the remaining and unstable hemlocks at the base of Smokeham Bottom, and the limes along the roadside there were pollarded. Annual mowing of the former woodland rides, now over the heath, for access and fire control, was instigated.

Elsewhere management continued to the usual set pattern on all reserves - with copious summer spraying of birch, gorse, bracken amd bramble being required on most sites depite grazing programmes being in place. Lack of rain required early removal of stock at Briantspuddle as the pond (having raft spider) dried up.

The decision was made to enter as much of our land as possible into a new Countryside Stewardiship Agreement which offered opportunities for new land to be included and new capital works to be introduced.

The Trust was outbid in its attempts to buy land at Ferndown (off St George's Drive) and at Throop (south of Black Hill) but continues to move towards the purchase of land beside the Piddle at Throop having been awarded a grant from Garfield Weston (£10,000) and promise of the remainder from PBC Council from habitat compensation funds.

Financial Review

Income and endowments amounted to £145,280 less outgoings of £38,122 leaving £107,158 retained in unrestricted funds to leave them at £3,056,587 which together with the restricted funds £471,408 gave total funds of £3,527,995.

Most notably income comprised the aforementioned grant of £10,000 from Garfield Weston. Donations and legacies once again includes a gift of £50,000 from Dr Haskins which was made by further reducing her long term loan to the trust. Also included is the Gift Aid of £12,500 that was claimed on the donation although this was not received into the Trust's bank account until after the end of the financial year. Timber sales of during the year raised £11,793. Rural Payments Agency receipts amounted to £43,746.

Cash in hand comprised £404,898. Debtors includes the Gift Aid balance of £12,500 referred to above.

Page 3

The Lesley Haskins Charitable Trust

known as The Erica Trust

Trustees' Report

Structure, governance and management

Nature of governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorprated charity.

Recruitment and appointment of trustees

There have been no change of Trustees during the year.

Induction and training of trustees

As and when new trustees are needed they will be provided with details of the trust's governing document and a detailed history of the Charity's objectives along with any legal requirements associated with being a trustee.

Arrangements for setting key management personnel remuneration

Management of the Trust is undertaken on a voluntary basis by Dr. Haskins. The Trust does not employ any staff but engages contractors as and when necessary.

Organisational structure

The Trust organisation comprises: Dr L Haskins, the managing trustee, Mr J White and Dr A Nicholson. The trustees are in frequent and ongoing contact and make record of all significant decisions and progress in formal minutes as and when appropriate.

The annual report was approved by the trustees of the charity on 5 January 2024 and signed on its behalf by:

Lesley Haskins (Jan 5, 2024 12:46 GMT) Dr L Haskins Trustee

Page 4

The Lesley Haskins Charitable Trust

known as The Erica Trust

Statement of Trustees' Responsibilities

The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.

The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the trustees of the charity on 5 January 2024 and signed on its behalf by:

Lesley Haskins (Jan 5, 2024 12:46 GMT) Dr L Haskins Trustee

Page 5

The Lesley Haskins Charitable Trust

known as The Erica Trust

Independent Examiner's Report to the trustees of The Lesley Haskins Charitable Trust

I report to the charity trustees on my examination of the accounts of the charity for the year ended 21 April 2023 which are set out on pages 7 to 16.

Respective responsibilities of trustees and examiner

As the charity’s trustees of The Lesley Haskins Charitable Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the The Lesley Haskins Charitable Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of The Lesley Haskins Charitable Trust as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Mr N Ayton FCA Chartered Accountant ICAEW

DNA Accountancy Services Ltd 24 The Mallards Totton Southampton SO40 3FQ

5 January 2024

Page 6

The Lesley Haskins Charitable Trust

known as The Erica Trust

Statement of Financial Activities for the Year Ended 21 April 2023

Year Ended
21 April 2023
Note
Income and Endowments from:
Donations and legacies
Investment income
3
Other income
Total income
Expenditure on:
Charitable activities
Total expenditure
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
12
Year Ended
21 April 2022
Note
Income and Endowments from:
Donations and legacies
Investment income
3
Other income
Total income
Expenditure on:
Charitable activities
Total expenditure
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
12
Unrestricted
funds
£
116,446
14,682
14,152
145,280
(38,122)
(38,122)
107,158
2,949,429
3,056,587
Unrestricted
funds
£
162,073
17,262
1,730
181,065
(52,569)
(52,569)
128,496
2,820,933
2,949,429
Restricted
funds
£
-
-
-
-
-
-
-
471,408
471,408
Restricted
funds
£
-
-
-
-
-
-
-
471,408
471,408
Total
2023
£
116,446
14,682
14,152
145,280
(38,122)
(38,122)
107,158
3,420,837
3,527,995
Total
2022
£
162,073
17,262
1,730
181,065
(52,569)
(52,569)
128,496
3,292,341
3,420,837

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2022 is shown in note 12.

Page 7

The Lesley Haskins Charitable Trust

known as The Erica Trust

(Registration number: 1137979) Balance Sheet as at 21 April 2023

Note
Fixed assets
Heritage assets
7
Current assets
Debtors
8
Cash at bank and in hand
Creditors: Amounts falling due within one year
9
Net current assets
Total assets less current liabilities
Creditors: Amounts falling due after more than one year
10
Net assets
Funds of the charity:
Restricted funds
Unrestricted income funds
Unrestricted funds
12
Revaluation reserve
11
Total unrestricted funds
Total funds
2023
£
2,854,331
12,899
404,898
417,797
(1,257)
416,540
3,270,871
(300,000)
2,970,871
471,408
3,056,587
(557,124)
2,499,463
2,970,871
2022
£
2,854,331
429
359,732
360,161
(779)
359,382
3,213,713
(350,000)
2,863,713
471,408
2,949,429
(557,124)
2,392,305
2,863,713

The financial statements on pages 7 to 16 were approved by the trustees, and authorised for issue on 5 January 2024 and signed on their behalf by:

Lesley Haskins (Jan 5, 2024 12:46 GMT)

Dr L Haskins Trustee

Page 8

The Lesley Haskins Charitable Trust

known as The Erica Trust

Notes to the Financial Statements for the Year Ended 21 April 2023

1 Accounting policies

Statement of compliance

The financial statements have been prepared in accordance with Accounting and Reporting 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 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

Basis of preparation

The Lesley Haskins Charitable Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Exemption from preparing a cash flow statement

The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.

Going concern

The financial statements have been prepared on a going concern basis.

The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements.

Income and endowments

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.

Donations and legacies

Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.

Grants receivable

Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.

Page 9

The Lesley Haskins Charitable Trust

known as The Erica Trust

Notes to the Financial Statements for the Year Ended 21 April 2023

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Support costs

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.

Governance costs

These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees’s meetings and reimbursed expenses.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Heritage assets

The trust will initially account for heritage assets at cost price together with costs of acquisition. Periodically the trustees will carry out revaluation exercises and adjust accordingly. Heritage asset improvement and maintenance costs incurred in connection with the objectives of the charity are written directly to unrestricted funds.

Page 10

The Lesley Haskins Charitable Trust

known as The Erica Trust

Notes to the Financial Statements for the Year Ended 21 April 2023

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees's discretion in furtherance of the objectives of the charity.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Page 11

The Lesley Haskins Charitable Trust

known as The Erica Trust

Notes to the Financial Statements for the Year Ended 21 April 2023

2 Income from donations and legacies

Donations and legacies;
Donations from individuals
Gift aid reclaimed
Grants, including capital grants;
Grants from other charities
3
Investment income
Interest receivable and similar income;
Interest receivable on bank deposits
Income from rents
Unrestricted
funds
General
£
50,200
12,500
53,746
116,446
Unrestricted
funds
General
£
311
14,371
14,682
Total
2023
£
50,200
12,500
53,746
116,446
Total
2023
£
311
14,371
14,682
Total
2022
£
50,000
12,500
99,573
162,073
Total
2022
£
31
17,231
17,262

Page 12

The Lesley Haskins Charitable Trust

known as The Erica Trust

Notes to the Financial Statements for the Year Ended 21 April 2023

4 Analysis of governance and support costs

Governance costs

Independent examiner fees
Examination of the financial statements
Legal fees
Other governance costs
Unrestricted
funds
General
£
660
5,372
965
6,997
Total
2023
£
660
5,372
965
6,997
Total
2022
£
1,180
4,738
934
6,852

5 Trustees remuneration and expenses

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

No trustees have received any reimbursed expenses or any other benefits from the charity during the year.

Page 13

The Lesley Haskins Charitable Trust

known as The Erica Trust

Notes to the Financial Statements for the Year Ended 21 April 2023

6 Taxation

The charity is a registered charity and is therefore exempt from taxation.

7 Heritage assets

Cost
At 22 April 2022
At 21 April 2023
Depreciation
At 21 April 2023
Net book value
At 21 April 2023
Heritage
Assets
£
2,854,331
2,854,331
-
2,854,331
Total
£
2,854,331
2,854,331
-
2,854,331

Page 14

The Lesley Haskins Charitable Trust

known as The Erica Trust

Notes to the Financial Statements for the Year Ended 21 April 2023

Revaluation

The company's heritage assets have been included at fair value.

Had this class of asset been measured on a historical cost basis, their carrying amount would have been £Nil (2022 - £Nil).

8 Debtors

----- Start of picture text -----
2023 2022
£ £
Prepayments 399 429
Other debtors 12,500 -
12,899 429
Debtors includes £12,500 (2022: £Nil) receivable after more than one year.
2023
£
Other debtors 12,500
----- End of picture text -----

9 Creditors: amounts falling due within one year

VAT due
Accruals
10 Creditors: amounts falling due after one year
Other loans
2023
£
597
660
1,257
2023
£
300,000
2022
£
179
600
779
2022
£
350,000

Long term creditors consists of a personal loan from Dr Haskins in connection with the purchase of Briantspuddle Woods. The loan has no specific terms as to repayment or finance charges. The loan agreement stipulates that no charge shall be entered into over the woods without the prior consent of Dr Haskins and that the Trustees have undertaken to execute a legal charge over Blackdown Woods if required by Dr Haskins. In the event of Dr Haskins passing, the loan would be waived as a gift in her will.

Page 15

The Lesley Haskins Charitable Trust

known as The Erica Trust

Notes to the Financial Statements for the Year Ended 21 April 2023

11 Reserves

11 Reserves
At 22 April 2022
Surplus on property revaluation
At 21 April 2023
At 22 April 2021
12 Funds
Unrestricted funds
General
Restricted funds
Total funds
Unrestricted funds
General
Restricted funds
Total funds
Balance at 22
April 2022
£
(2,949,429)
(471,408)
(3,420,837)
Balance at 22
April 2021
£
(2,820,933)
(471,408)
(3,292,341)
Incoming
resources
£
(145,280)
-
(145,280)
Incoming
resources
£
(181,065)
-
(181,065)
Revaluation
reserve
£
557,124
-
557,124
Revaluation
reserve
£
557,124
Resources
expended
£
38,122
-
38,122
Resources
expended
£
52,569
-
52,569
Total
£
557,124
-
557,124
Total
£
557,124
Balance at
21 April 2023
£
(3,056,587)
(471,408)
(3,527,995)
Balance at
21 April 2022
£
(2,949,429)
(471,408)
(3,420,837)

Page 16

The Lesley Haskins Charitable Trust

known as The Erica Trust

Statement of Financial Activities by fund for the Year Ended 21 April 2023

Income and Endowments from:
Donations and legacies
Investment income
Other income
Total income
Expenditure on:
Charitable activities
Total expenditure
Net income
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
Total
Unrestricted
funds
2023
£
116,446
14,682
14,152
145,280
(38,122)
(38,122)
107,158
107,158
2,949,429
3,056,587
Unrestricted
funds
2022
£
162,073
17,262
1,730
181,065
(52,569)
(52,569)
128,496
128,496
2,820,933
2,949,429

Page 17

The Lesley Haskins Charitable Trust

known as The Erica Trust

Statement of Financial Activities by fund for the Year Ended 21 April 2023

Income and Endowments from:
Expenditure on:
Net income/(expenditure)
Reconciliation of funds
Total funds brought forward
Total funds carried forward
Total
Restricted
funds
2023
£
-
471,408
471,408
Restricted
funds
2022
£
-
471,408
471,408

Page 18

The Lesley Haskins Charitable Trust

known as The Erica Trust

Detailed Statement of Financial Activities for the Year Ended 21 April 2023

Income and Endowments from:
Donations and legacies (analysed below)
Investment income (analysed below)
Other income (analysed below)
Total income
Expenditure on:
Charitable activities (analysed below)
Total expenditure
Net income
Net movement in funds
Reconciliation of funds
Funds - b/fwd
Restricted funds brought forward
Total funds brought forward
Total funds carried forward
Total
2023
£
116,446
14,682
14,152
145,280
(38,122)
(38,122)
107,158
107,158
2,949,429
471,408
3,420,837
3,527,995
Total
2022
£
162,073
17,262
1,730
181,065
(52,569)
(52,569)
128,496
128,496
2,820,933
471,408
3,292,341
3,420,837

Page 19

The Lesley Haskins Charitable Trust

known as The Erica Trust

Detailed Statement of Financial Activities for the Year Ended 21 April 2023

Donations and legacies
Appeals and donations
Gift Aid tax reclaimed
Grants - other agencies
RPA Payments
Investment income
Rents received
Interest on cash deposits
Other income
Timber sales
Other income
Charitable activities
Maintenance charges
Rates and water property
Independent examiner's fee
Legal and professional fees
Insurance
Total
2023
£
50,200
12,500
10,000
43,746
116,446
14,371
311
14,682
14,152
-
14,152
(31,125)
(419)
(660)
(5,372)
(546)
(38,122)
Total
2022
£
50,000
12,500
58,550
41,023
162,073
17,231
31
17,262
1,667
63
1,730
(45,717)
(334)
(1,180)
(4,738)
(600)
(52,569)

Included within the Grants - other agencies total of £10,000 in 2023 is the following item:

• Garfield Weston £10,000

Page 20

LHCT 2023 Accounts Final

Final Audit Report

2024-01-05

Created: 2024-01-05 By: David Ayton (neil.ayton@aims.co.uk) Status: Signed Transaction ID: CBJCHBCAABAAqgAmNQBEtsQEyVDWIihIQ7gxEBpr31LY

"LHCT 2023 Accounts Final" History

Document created by David Ayton (neil.ayton@aims.co.uk) 2024-01-05 - 8:31:01 AM GMT

Document emailed to lesleyhaskins@hotmail.co.uk for signature 2024-01-05 - 8:33:29 AM GMT

Email viewed by lesleyhaskins@hotmail.co.uk 2024-01-05 - 10:26:19 AM GMT

Signer lesleyhaskins@hotmail.co.uk entered name at signing as Lesley Haskins 2024-01-05 - 12:46:26 PM GMT

Document e-signed by Lesley Haskins (lesleyhaskins@hotmail.co.uk) Signature Date: 2024-01-05 - 12:46:28 PM GMT - Time Source: server

Agreement completed.

2024-01-05 - 12:46:28 PM GMT