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LINCOLNSHIRE
CHALK STREAMS TRUST
Lincolnshire Chalk Streams Trust
Trustees, Annual Report
upto 31.03.2023
Charity no: 1190917.

Report of the Trustees for the year ended 31 March 2023.
The Trustees present their annual report of the charity for the year ended 31 March 2023.
The Charitable Incorporated Organi5ation ICIOI was registered on 18 August 2020 50 this
report represent the second full 12-month financial operating period. A financial statement
has been prepared and 15 included in this report.
Objectives and Activities
The purpose5 of the Trust are..
To promote for the benefit of the public the recoverys conservation, protection and
improvement of the physical and natural environment by promoting the biological
diversity of the chalk streams, blow wells and related feature5 in Lincolnshire
focussed around the Lincolnshire Wolds, North Lincolnshire and North East
Lincolnshire,. and
To advance the education of the public in the recoveryi conservationi protection and
improvement of the physical and natural environment of chalk stream5, blow wells
and related features
In setting our objectives and planning our activities we have given careful consideration to
the Charity Commission's public benef it guidance.
The main activities during this period have been to finalise the management plan for
Northern Becks Catchment Based Approach ICaBAI a5 well a5 to secure funding to
undertake Year One of walkover surveys on three operational catchments to produce an
important evidence base of data.
Achievements and Performance
Over the last 12 months, the LC5T has continued to build on raising awareness of its
activities through marketing materials and attendance at various events including the
Lincolnshire show.
As the host organisation for the Northern Becks Catchment Based Approach {CaBAI, the
graduate volunteer employed in 2021-22 has SUPPOrted the finalisation of the new
management plan. CaBA funds were also used to support the Lincolnshire Chalk Streams
Project to purchase new items of volunteer equipment to support volunteer days on the
Northern Becks to undertake important habitat management work. This included items
such as the purchase of waders and appropriate tools to assist with clearing scrub from the
banks of overgrown streams.

The LCST wa5 a150 able to 5ucce55fully draw down signif icant f unding from the
Environment Agency which has been used to employ ecological consultants AECOM to
undertake walkover 5urvey5 in the Northern Becks operational catchment5. This work will
continue in 2023-24 but has seen survey5 start on Barrow Beck, North Beck Drain and
Laceby Beck.
Funding mechanism5 through Amazon Smile and Easy Fundraising have started to See
smaller contribution5 coming through to LCST however the former ha5 sadly now ceased.
Financial Review
The opening balance opening in April 2022 Stood at £10,924.04
The closing balance stood at £391872.24 in March 2023
The main source of our income has been from restricted 50urce5 mainly the CaBA fund5
and the Environment Agency which have brought £49,381.15 into the Trust. These are
restricted funds of which £20,566.16 were used by the close of the account5 in March 23.
Whilst most of our running costs have been supported by the CaBA funds there has only
been about £100 raised this year in unrestricted funds. Fundraising is difficult and at this
moment we do have over £3,000 in unrestricted fund5. This amount Should see costs
covered for some time as currently this only goes towards accountancy costs. This is ok 50
long 65 the Trust conf ines itself to Using money that it has gained from external sources and
uses the current unrestricted funds frugally.
Structure, Governance and Management
The Trust is a registered charity, number 1190917, constituted as Charitable Incorporated
Organisation (CIO) 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 forthe next 12 months
It is intended that further opportunities to bring in additional funding will be explored and
the banking arrangements will be reviewed to allow LCST to bring in larger award 5um5.
The AECOM work will continue to survey the River Lud and SkitterlEast Halton Beck and
finali5e its report. The Northern Becks tnanagement plèn will be reviewed.
A programme of attendance at events ha5 already been scheduled to continue to raise the
profile of the charity.

Reference and Administrative details
Charit
Registered charit
number
Charity's principal address
name
Lincolnshire Chalk Streams Trust
1190917
Navigation Wèrehouse
Riverhead Road
Louth
Lincs
LNii ODA
www.lincolnshirechalkstreamstru5t.or
Sarah Baker (Chairl
Richard Osmond (Treasurer)
Luke Benjamin Bamforth (Secretary)
Clare Samantha Sterling
Nicholas John Ward
Natwest
Market Place
Louth
LNII 9NX
Webslte
Trustees
Bank
Approved by the Trustees on 16 January 2023 and signed on their behalf by..
Sarah Anne Baker
Trustee

CHARITY COMMISSION
FOR ENGLAND AND WALES
Receipts and payments accounts
CC16a
FOT the period
from
To
Section A Receipts and payments
Unrestricted
funds
Restricted
funds
Eiidowment
funds
Total fund5
Last year
tothe nearest
tothe nearest£
to the n&4re$t£
to the nearestt
to th+ nearE$t£
A1 Recel ts
Donabty)s. *oac*s ènd grants
49,381
200
tota
ross Income
or
AR)
91
49,381
49,472
19,901
Sset a
sep table.
Investment sa
e5,
to&7
49.381
49M72
9,901
A3Pa
ments
500
500
314
8.083
ProFe55i0nal Contractors fees
SU
Volunteer expe￿￿e5
Too15 afjd Equipmeni
635
334
1,869
535
45
27
361
1,B89
Sub tot31
34
20,489
20,523
8,977
A4 Asset and investment
Sub total
34
20.489
20,523
8,977
Net 01￿ceIptS/{paYMentsj
A5 Transfers betwèen funds
A6 Cash funds last year end
Cash funds this year end
57
28,892
28,949
10.924
3,617
3,674
7,307
36,199
,924
39,873
10.92
CCXX R1 accounts ISSI
02m112024

Section B Statement of assets and liabilities at the end of the period
Unrestricted
funds
Restricted
funds
Endowment
funds
to nearèst£
to n8ar@StÈ
to n@arost£
B1 Cash funds
B21Ènce of Cu￿ent£C¢0urnt
3,574
36,199
Total cash funds
3,674
36,199
act0￿11￿)}
Unrestricted
fund5
Restricted
funds
Endowment
funds
to nearestÉ
to nearestÉ
to nearestt
Fvnd towhich
Currentvalue
tlonal
B3 Inve$trnent assets
Fund lo which
Cogt lopVon411
¢urrenl valu*
B4 Assets ￿taIned for the
charity's own use
Fund to whl¢h
relate$
Am¢unt duè
ti¢nAI
Whèn due
Details
85 Liabilities
Signed by one or two Iruslees on
behalf ol all the trustees
Date of
Ignature
Print Name
IUCHARD OSMOND
2810112024
CCXX R2 accounis ISSI
0210112D24

CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examiner's report on the
accounts
Section A
Independent Examiner's Report
Report to the trusteesl
members of
Lincolnshire Chalk Streams Trust
On accounts for the year
ended
31 March 2023
Charlty no
{if any)
1190917
Set out on pages
Truslee's Annual Report and Receipts and Payments Accounts pages 1-2
I report to the trustees on my examination of the accounls of the above
charity I'the Trust'l for the year ended 31 March 2023.
Responsibilitie5 and
basis of report
As Ihe charity's trustees, 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 Trust's a¢￿Unts 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 145151(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 (other than that
disclosed below") which gives me cause lo believe that in, any material
respect-
the accounting records were not kept in accordance with seclion 130
of the Charities Act., or
Ihe accounts did not accord with the accounting records,. or
the accounts did not comply with the applicable 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.
Please delete the words in the brackets rfthey do not 8ppIy.
Signed:
Date:
Name:
Tristran James Russell
Relevant professlonal
qualificationlsl or body
(if any).,
Fellow of the Associatior) Chartered Certified Accountants
11ER
Oct 2018

Address:
Dexter & Sharpe, Rollestone House, 20-22 Bridge Street, Horncastle,
Lincolnshire, LN9 5HZ
Section
Disclosure
Only complete if the exaininor neèds lo higl)lighl material mallers ol concern
(see CC32, Independent examination of charity accounts.. directions and
guidance for examiners).
Glve here brief details of
any items that the
examiner wishes to
disclose.
21ER
Oct 2018