rLcgi LINCOLNSHIRE CHALK STREAMS TRUST Lincolnshire Chalk Streams Trust Trustees, Annual Report up to 31.03.2022 Charity no: 1190917.
Report of the Trustees for the year ended 31 March 2022. The Trustees present their annual report of the charity for the year ended 31 March 2022. The Charitable Incorporated Organisation (CIO) was registered on 18 August 2020 $0 this report represent the first full 12-month financial operating period. A financial statement has been prepared and is included in this report. Objectives and Activities The purposes of the Trust are: To promote for the benefit of the public the recovery, conservation, protection and improvement of the physical and natural environment by promoting the biological diversity of the chalk streams, blow wells and related features in Lincolnshire focussed around the Lincolnshire Wolds, North Lincolnshire and North East Lincolnshire,. and To advance the education of the public in the recovery, conservation, protection and improvement of the physical and natural environment of chalk streams, blow wells and related features In setting our objectives and planning our activities we have given careful consideration to the Charity Commission's public benefit guidance. The main activities during this period have been to establish the LCST as the host body for Nothern Becks Catchment Based Approach ICaBA) as well as to secure Water Environment Improvement Fund Catchment Partnership Grant funding to enable the design of natural flood management interventions on the River Rase. Achievements and Performance Over the last 12 months, the LCST has worked to develop its own identify and branding through the production of a new logo and supporting marketing material together with the development of a new website.. www.lincolnshirechalkstreamstrust.or
Crucially the LCST has also established itself as the host organisation for the Northern Becks Catchment Based Approach and has also been able to support a graduate volunteer who has worked on branding for the Northern Becks Catchment Partnership as well as the drafting of a new management plan. The LCST was also able to successfully draw down a Catchment Partnership Grant from the Environment Agency's Water Environment Improvement Fund which has been used to employ professional contractors fo design natural flood management interventions for the River Rase. The LCST established initial fundraising mechanisms through Amazon Prime and Easy Fundraising and have started to promote the LCST more widely now that Covid restrictions have opened up public events again. Trustees attended an event in Market Rasen in conjunction with the Lincolnshire Chalk Streams Project and Rivercare which gave the opportunity to talk to the public about the charity and its aims and objectives. Financial Review The balance of the charity accounts at the end of the period was £10,924. The principal sources of income during the reporting period are restricted funds from the Environment Agency with funding received to support hosting of the Northern Becks CaBA together with a Catchment Partnership Grant from the Water Environment Investment Fund. Expenditure has primarily been focused on employing external consultants to undertake feasibility work and design as well. Other costs have been incurred as a result of setting up a new website and designing and printing publicity materials such as logos, letterheads and pull-up banners. For more than the first 12 months of its inception, the LCST was struggling against the backdrop of Covid-19 which limited opportunities for public engagement and therefore for raising awareness of the charity. This has meant that opportunities for fundraising have been limited. The charity currently holds £3,617 in unrestricted funds and £7,307 in restricted funds. The Trust does not currently have a formal policy for holdi ng reserves and this will reviewed as appropriate in line with reporting before the end of the next financial year. Structure. Governance and Management
The Trust ig a registered charity, number 1190917, constituted as Charitable Incorporated Organisation ICIOI on 18 August 2020 and governed by its Constitution. Trustees are selected annually at the annual general meeting by members of the CIO. The Constitution provides for a minimum of three trustees, to a maximum of seven trustees, with no more than two-thirds of trustees due for re-appointment in any one year. At the quarterly trustees, meetings, the trustees agree the broad strategy and areas of activity for the Trust, including consideration of grant making, fundraising and performance. Plans for the next 12 months It is intended that a fundraising strategy wil I be developed for the charity and further opportunities to bring in additional funding will be explored. Additional Trustees will also be sought, with a particular focus on those with previous experience of implementing fundraising strategies for similar organisations. Further opportunities for partnership working will also be sought to bid for grants and other funds. In particular, a new chalk streams fund has been developed by the Environment Agency which the LCST is also seeking options to make use of. Reference and Administrative details Chari istered chari number Charity's principal address name Lincolnshire Chalk Streams Trust 1190917 Navigation Warehouse Riverhead Road Louth Lincs LN11 ODA www.lincolnshirechalkstreamstrust.or Sarah Baker (Chair) Richard Osmond (Treasurer) Luke Benjamin Bamforth {Secretary) Clare Samantha Sterling Nicholas John Ward Natwest Market Place Louth LNII 9NX Website Trustees Bank Approved by the Trustees on Tuesday 17 January 2023 and signed on their behalf by..
Sarah Anne Baker Trustee
CHARITY COMMISSION FOR ENGLAND ANO WALES Lincolrtshiro Chall,, %tioams Triist 1190917 Receipts and payments accounts CC16a For the period from vl-.4pr-L I -22 Section A Receipts and payments Unrestricted funds Restricted fun(Is Endowment funds Total fund5 Last year to the nearest ttsthe nearest £ tothp ntarÈ$t£ to thè nearest£ to tho nèarest £ Al Recelpts Don?Iions. legacies and gr8nts otr 4,118 200 15,583 15.701 2DO Sub total(Gross income for AR) 4.318 15,582 19,901 A2 Asset and investment sale5, 18ee tablel. Sub total Total receipts 4,31 8 15,583 19,901 A3 Paymants Insurance Professional and Contractors fees Prinbng, postage. Stallity and computer 31A 314 B,OB3 8,083 388 147 535 45 volUnteeren$S Sub total 701 8.276 8,977 A4 Asset and investmènt purchases. (see tablèl Sub total 701 8,276 B.977 Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end 3,617 7,307 10,924 3,617 7,307 10.924 CCXX R1 accounts ISSI 2110112023
Section B Statement of assets and liabilities at the end of the period Unrestricted funds to nearest £ Re5tricled fund5 to ntarost£ Endowment funds to n•arost£ Categorles Detalls B1 Cash funds ealance of c¥Jrreni account 3.617 7,307 Total cash funds 3,617 7,307 12greeb31gn¢esMthh1S qThY payme$ £ecwntisii 'li' Unrestricted fLEnd5 to nearest£ Restrlcted funds to nearest£ Endowment funds to ne¥re$t £ Details Fund to whiGh assot belon CurrentvJluo Details Cost loptionall B3 Investment assets Fund io whlch asset bplon Current value on•1 Details Co¥t lop¢lon811 B4 Assets retain$d fortho charity's own use Fund towhich relate5 Amount due When due Details 85 Liabilities Slgned by one or tbvo trustees on behalf of all the trustees Date of roval Signature Print Name Sarah Baker 28101123 CCXX R2 a¢¢ounls ISSI 2110112023
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl rnembers of Lincolnshire Chalk Streams Trust On accounts for the year ended 31 March 2022 Charity no (if any) 1190917 Set out on pages Trustee's Annual Report and Receipts and Payments Accounts pages 1-2 I report to the trustees on my examination of the accounts ofthe above charity ("the Trust") for the year ended 31 March 2022. Responsibilities and basis of report As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 I'the Act ). I report in respect of my examination of the Trust's accounts carried out under sedion 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 examinews ststement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below ') which gives me cause to believe that in, any material respect.. the accounting records were not kept in accordance wrth section 130 of the Charities Act, or the accounts did not accord with the accounting records., or the accounts did not comply with the applicable requirements Conrning 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 Gonnection 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. Please delete the words in the brackets rf they do not apply. Signed: Date: ///e>3 Name: Tristran James Russell Relevant professional qualificationls) or body lif any): Fellow of the Association Chartered Certified Accountants IER Oct 2018
Address: Dexler & Sharpe, Rollestone House, 20-22 Bridge Street, Horncastle, Lincolnshire, LN9 5HZ Section B Disclosure Only complete if the examiner needs lo highlight material mallers of concern (see CC32, Independent examination of charity accounts.. directions and guidance for examiners). Give here brief details of any items that the examiner wishes to disclose. IER Oct 2018