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2023-03-31-accounts

Annual Report for the financial year 1[st] April 2022 to 31[st] March 2023

Introduction

The Lea Brook Valley CIO is a registered charity (number 1172290)

The current trustees are:

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 2017 and reviewed 31[st] March 2022.

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.

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Annual Report for the financial year 1[st] April 2022 to 31[st] March 2023

Financial Policies and Financial Review

The Charity has set aside 5% of all general fund receipts into a general fund account to meet expenses. At the 31st of March 2023 the accumulated general Fund amounted to £21927.26, this takes into account restricted funds.

During the financial year under review, the Charity has not held any funds as custodian trustee for others.

The charity continues to keep up to date with its responsibilities and current financial controls.

Achievement and Performance

The construction phase for the Yorkshire Water Bio Diversity project started in November 2018, and was completed 1[st] May 2019. The charity continues to maintain the site and enhance the BNG. Recent studies have been carried out with the University of Sheffield with regards to reduction in surface water pollution runoff and Typha ? phragmites. These findings were published and showcased at the 2023 Urban Drainage Conference held in Birmingham.

The viewing platforms continue to allow pedestrians to connect with the site without encroaching on the natural habitats, thus protecting the biodiversity of the site and its four buffer zones.

Woodland Walk and outdoor educational facility, located at the rear of Dronfield Civic Centre. This project was completed earlier in the year and continues to offer good access to and from the Dronfield Junior School, without the need for motor transport.

Future planned projects 2023 -2024:

Restricted Funds for Project
BNG Assessment £3000.00
Junior Environmental Ecologist
“Apprentice”		 £9235.00
Woodland Path – CommunityGarden £3000.00
SensoryGarden Maintenance £1000.00

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Annual Report for the financial year 1[st] April 2022 to 31[st] March 2023

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.

Singanture removed for security reasosn

Revd Dave Walker

Chair of Lea Brook Valley CIO 02[nd] January 2023

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Lea Brook Valley CIO

Annual Accounts

Registered Charity No 1172290 April 2022 – March 2023

The current trustees are:

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 £2376.98

Net Operational Fund is: £21927.26 Total funds - Restricted and General Funds £11,974.87 = £9,952.39

Restricted and General Funds are assigned projects.

Balancing Pond See 25 Year Lease Agreement for full list of
maintenance schedules
School Walk Reinstatement of paths and drainage,
includingseasonal maintenance
Green Corridor Maintenance
Educational Area Improveements

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Lea Brook Valley CIO Annual Accounts April 2022 to March 2023

P&L

6 Apr '22 - 5 Apr 23
Ordinary Income/Expense
Income
Lease Income 5,084.44
Total Income 5,084.44
Expense
Community Action Grant 464.34
Insurance Expense 344.32
Marketing 118.80
Project
Balancing Pond 560.00
Total Project 560.00
Website 1,220.00
Total Expense 2,707.46
Net Ordinary Income 2,376.98
Profit for the Year 2,376.98

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Lea Brook Valley CIO Annual Accounts April 2022 to March 2023

Balance sheet

5 Apr 23
ASSETS
Current Assets
Cash at bank and in hand
Lloyds Treasurers Acc 17869968 21,927.26
Total Cash at bank and in hand 21,927.26
Total Current Assets 21,927.26
NET CURRENT ASSETS 21,927.26
TOTAL ASSETS LESS CURRENT LIABILITIES 21,927.26
NET ASSETS 21,927.26
Capital and Reserves
Funds 9,952.39
Restricted Net Assets 11,974.87
Charity funds 21,927.26

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Lea Brook Valley CIO Annual Accounts April 2022 to March 2023

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

  1. 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

  2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached

Bank:

Lloyds Bank plc Uttoxeter (309890) Branch

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Lea Brook Valley CIO Annual Accounts April 2022 to March 2023