Annual Report for the financial year 1[st] April 2020 to 31[st] March 2021
Introduction
The Lea Brook Valley CIO is a registered charity (number 1172290)
The current trustees are:
-
Dr Anthony Noble Bethell Mbe
-
Bold, Rev Peter Edward
-
Rev David Walker (Chair)
-
Debbie Alston
-
Hannah May Pearson (Treasurer)
-
Cllr Mark David Foster
-
Wendy Mary Temple
Purpose and Main Activities of the Charity
PROMOTE THE CONSERVATION, PROTECTION AND IMPROVEMENT OF THE PHYSICAL AND NATURAL ENVIRONMENT INCLUDING BIODIVERSITY OF LEA BROOK VALLEY.
ADVANCE THE EDUCATION OF THE PUBLIC IN THE CONSERVATION, PROTECTION AND IMPROVEMENT OF THE PHYSICAL AND NATURAL ENVIRONMENT INCLUDING BIODIVERSITY OF LEA BROOK VALLEY.
Structure, Governance and Management
The governing document of the Charity is a Constitution which was last amended on the 29th March 2019, and reviewed 31[st] March 2020.
As a small charity, there has hitherto been no need for a formal structure, although this may change as the work of the Charity expands. The trustees meet twice a year to transact the business of the Charity. There is also frequent contact between trustees by email and phone calls. A number of trustees attend the Lea Brook Valley Green Team meetings which enables due diligence to be carried out on how funds sent to LBV Green Team Projects are spent, there is also regular contact with other Lea Brook Valley Green team members through CTDD.
1
Annual Report for the financial year 1[st] April 2020 to 31[st] March 2021
Financial Policies and Financial Review
Since 2017, the Charity has set aside 2% of all general fund receipts into a general fund account to meet expenses. At the 31st March 2019 the accumulated general Fund amounted to £2500.
This takes into account restricted funds totalling and Legal & other expenses.
During the financial year under review, the Charity has not held any funds as custodian trustee for others.
Delays in project completion dates due to covid restrictions continues. However 2021 to 2022 is looking more promising.
The charity continues to keep up to date with its responsibilities and current financial controls.
Achievement and Performance
Woodland Walk and outdoor educational facility, located at the rear of Dronfield Civic Centre. This project was started in February 2021 but due to covid restrictions the completion is now expected to be in 2022.
All projects carried out in the Lea Brook Valley enhance the Social Capital value of the Lea Brook Valley and the wider community of Dronfield. The trustees continue to have due regard for their duty to comply with guidance of the Charity Commission on public benefit in the exercise of their powers or duties.
Revd Dave Walker
Chair of Lea Brook Valley CIO 27[th] December 2021
2
Lea Brook Valley CIO
Annual Accounts
Registered Charity No 1172290 April 2020 – March 2021
The current trustees are:
-
Dr Anthony Noble Bethell Mbe
-
Bold, Rev Peter Edward
-
Rev David Walker (Chair)
-
Debbie Alston
-
Hannah May Pearson (Treasurer)
-
Mark David Foster
-
Wendy Mary Temple
Notes to the accounts:
Balance Sheet/Total funds is the amount of funds held at the bank and allocated to the spend profile of each project under the LBV Cio, including restricted funds. The true gross value for the Total fund (LBV Cio operational fund) is £2549.00.
• Gifts and Donations Income 55.00 • Grants 6,100.00 • Lease Income 4,530.61 Total £10,685.61
Net Operational Fund is: £24241.85 Total funds - Restricted and General Funds 21,741.85 = £2500.00
Restricted Funds brought forward for Projects 2012 -2021
| Biodiversity, School Walk and Woodland Outdoor Education area Projects |
£11,056.24 |
|---|---|
| Operational fund | £2500.00 |
| Total | £13,556.24 |
1
Lea Brook Valley CIO Annual Accounts April 2019 to March 2020
P&L
| Ordinary Income/Expense Income Gifts and Donations Income Grants Lease Income Total Income Expense |
Ordinary Income/Expense Income Gifts and Donations Income Grants Lease Income Total Income Expense |
Ordinary Income/Expense Income Gifts and Donations Income Grants Lease Income Total Income Expense |
6 Apr '20 - 5 Apr 21 55.00 6,100.00 4,530.61 |
|
|---|---|---|---|---|
| 10,685.61 | ||||
| Insurance Expense | 344.32 | |||
| Marketing | 118.80 | |||
| Professional Fees | 50.00 | |||
| School Footpath | 5,345.20 | |||
| Total Expense | 5,858.32 4,827.29 |
|||
| Net Ordinary Income | ||||
| Profit for the Year | 4,827.29 |
2
Lea Brook Valley CIO Annual Accounts April 2019 to March 2020
Balance sheet
| 5 Apr 21 | ||||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Cash at bank and in hand | ||||
| Lloyds Treasurers Acc 17869968 | 24,241.85 | |||
| Total Cash at bank and in hand | 24,241.85 | |||
| Total Current Assets | 24,241.85 | |||
| NET CURRENT ASSETS | 24,241.85 | |||
| TOTAL ASSETS LESS CURRENT LIABILITIES | 24,241.85 | |||
| NET ASSETS | 24,241.85 | |||
| Capital and Reserves | ||||
| General Funds | 7,452.39 | |||
| Restricted Funds | 14,289.46 | |||
| Operational funds | 2,500.00 | |||
| Charitable funds | 24,241.85 |
3
Lea Brook Valley CIO Annual Accounts April 2019 to March 2020
Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
-
which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 130 of the 2011 Act; and to prepared accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met, or
-
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached
Julie Robinson CIMA
Footprints Accountancy Ltd 11[th] January 2022
Bank:
Lloyds Bank plc Uttoxeter (309890) Branch
Account Examiner:
Footprints Accountancy Ltd, Unit 24, Napier Court, Gander Ln, Barlborough, Chesterfield S43 4PZ
Solicitors:
Banner Jones; 24 Glumangate, Chesterfield S40 1UA
4
Lea Brook Valley CIO Annual Accounts April 2019 to March 2020