Lincolnshire Chalk Streams Trust Trustees’ Annual Report up to 31.03.2024
Charity no: 1190917.
Report of the Trustees for the year ended 31 March 2024.
The Trustees present their annual report of the charity for the year ended 31 March 2024. The Charitable Incorporated Organisation (CIO) was registered on 18 August 2020 so this report represent the third 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:
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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
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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.
Achievements and Performance
In collaboration with the Lincolnshire Chalk Streams Project team (LCSP), CaBA funds were used to go towards teaching and engaging with school groups about in-stream monitoring in the Northern Becks area. In particular, focus was on the Waithe Beck catchment. £3,000 was put towards this, which included LCSP staff time, transport, presentations and practical activities with school groups.
Catchment walkovers have been completed by AECOM during the 2023 to 2024 financial year for the Skitter/East Halton Beck, Laceby Beck, North Beck Drain and Barrow Beck. These reports will help inform ongoing work such as guiding priority areas and projects.
Financial Review
A total of £41253 was spent this financial year in which the majority was spent on professional and contractor fees, and a small amount towards running costs such as insurance, equipment, computer supplies. The closing balance as of March 2024 was £126178.55. Unrestricted funds stand at £3253.30 whilst restricted funds stand at £122925.31.
The main source of income has been from restricted sources mainly the CaBA funds and from the Prax Lindsey Oil Refinery. The majority of this will be spent on funding a chalk stream restoration project on the Waithe Beck. There was £60 of unrestricted funds raised via donations.
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 for the 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 sums.
The Trust intends to work alongside the Lincolnshire Chalk Streams Project team to develop the Waithe Beck Project, with the funds received from the Prax Lindsey Oil Refinery. This project will focus on the restoration of the form and function of the chalk stream to improve flow and habitat for native species, in addition to improving natural flood management.
The Trust will continue working with the Environment Agency in developing and delivering projects, whilst discussing opportunities for further funding.
Reference and Administrative details
| Charity name | Lincolnshire Chalk Streams Trust |
|---|---|
| Registered charity number | 1190917 |
| Charity’s principal address | Navigation Warehouse Riverhead Road Louth Lincs LN11 0DA |
| Website | www.lincolnshirechalkstreamstrust.org.uk |
| Trustees | Mathew Heywood (Chair) Paula Baumber (Treasurer) |
| Bank | NatWest Market Place Louth LN11 9NX |
Approved by the Trustees on 30/01/2025 and signed on their behalf by:
Mathew Heywood Lincolnshire Chalk Streams Trust Chair
Charity Name No (if any) Lincolnshire Chalk Streams Trust 1190917 Receipts and payments accounts
CC16a
For the period Period start date Period end date To from 4/1/2023 3/31/2024
Section A Receipts and payments
| Section A Receipts and payments | ||||
|---|---|---|---|---|
| A1 Receipts Donations legacies andgrants 60 - - - - - - - 60 - - Sub total - Total receipts 60 A3 Payments Insurance - Professional and contractors fees 480 - Equipment - - - - - - Sub total 480 - - Sub total - Total payments 480 Net of receipts/(payments) - 420 A5 Transfers between funds - A6 Cash funds last year end 3,674 Cash funds this year end 3,254 Unrestricted funds to the nearest £ Sub total(Gross income for AR) A2 Asset and investment sales, (see table). Printing, postage, stationary and computer supplies A4 Asset and investment purchases, (see table) |
to the nearest £ 127,500 - - - - - - - 127,500 - - - 127,500 506 39,338 288 642 - - - - - 40,773 - - - 40,773 86,727 - 36,199 122,926 Restricted funds |
to the nearest £ Endowment funds |
Total funds to the nearest £ 127,560 - - - - - - - 127,560 - - - 127,560 506 39,818 288 642 - - - - - 41,253 - - - 41,253 86,306 - 39,873 126,179 |
Last year to the nearest £ |
| - - - - - - - - - |
127,560 | - | ||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| 127,560 | - | |||
| - - - |
- | |||
| - | - | |||
| - | - | |||
| - | 127,560 | - | ||
| - - - - - - - - - - |
506 | - | ||
| 39,818 | - | |||
| 288 | - | |||
| 642 | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| 41,253 | - | |||
| - - - |
- | |||
| - | ||||
| - | - | |||
| - | 41,253 | - | ||
| 86,727 | - - - - |
86,306 | - | |
| - | - | - | ||
| 36,199 | 39,873 | - | ||
| 122,926 | 126,179 | - |
Section B Statement of assets and liabilities at the end of the period
| Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use Signed by one or two trustees on behalf of all the trustees |
Details Details Details Details Details Signature Total cash funds (agree balances with receipts and payments account(s)) |
to nearest £ to nearest £ 3,254 122,926 - - - - 3,254 122,926 OK OK to nearest £ to nearest £ - - - - - - - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - - - - - - Print Name Unrestricted funds Restricted funds Unrestricted funds Restricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates Amount due (optional) |
to nearest £ Endowment funds |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| to nearest £ Endowment funds |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
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| - | |||
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| Current value (optional) |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
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| Date of approval |
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CHARITY COMMISSION FOR ENGLAND AND WALES Ch,Irlly Name Llncolnshlro Chalk Streams Tru8t No Ilf any) 1190917 Receipts and payments accounts CC16a For the perlod from Pèriod eiid (Jal& To 0110412029 31103rd024 Section A Receipts and payments UrLre$trlcted lunds Reslricted lunds Endowment lundg Totsi iunds Last year to tho ne•ro5¢ lo the n•aigst£ to thp noareBt E to Ihe nrgt£ A1 Recel Is Don&lions I acie5 and grants 60 Sub tot81 (Gross income for AR) 127.600 127,560 A2 A$$•t and Investment sale8. {8ee tobl81. Sub lolal Tot81 recelpts 127,500 127A69 A3Pa ènl$ 506 S06 Profes5K>nal conifaciokg lee$ PrSnUng, r%)51age, stalionary andcompul¥ tsu 288 288 642 iprngDI Sub total 4773 41,253 A4 Assèl and Investment purchasos, Bee lablèl Sub total Total payments 40,773 41353 Net ofrecelpls/fp?yments) A5 Trangfers bètween funds A6 Cash funds lag1 year end Cash lunds thls year end 420 86,727 86,306 3,674 3,254 36,199 122,926 39,873 126,179 CGXX Rf accoun1$ ISSI 3110112025
Section B Statement of assels and liabilities at the end o* Ihe period Unrestrlcted Restrlcted funds funds lo n$t t lo noar881 t Endowmè luftd5 Io hellrest £ Categorles Delalls B1 Cash funds 4254 122,926 Total cash funds 3.254 122,926 (Ag[••bdaIh¢p15afjd paymfils 4c))1(9)I OK Unregtrletèd lund$ Oli OK Endowment funds to neore$l £ Restilct8d funds lo n6aM#t e Delalls lo neuresl £ 82 Other monetary assotg Fund to whlch el belon Details Cost lopllonHII Cunehl volue Fvnd towhl¢h llg$•t bolon Current valu• Detalls Cwl loplloNII B4 Assgts retalned lor th8 charity's own use Fund lowhlch r•liteJ ounl du Details Whèn B5 Llabllllles &gn8d by one or Irusiees on of all the Iruslees Signature Print Name Dale ol roval CCXX R2 accounts ISSI 3110112025
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Secllon A Independent Examiner's Reporl Report to th8 trust88sl members of Lin¢olnshir& Chalk Streams Trust On accounts for the year ended 31 March 2024 Charlty no (it any) 1190917 Set out on pagès Trustee's Annual Report and Receipts and Payments Accounls pages 1-2 I report to the trustees on my examination of the accounts ol the above charity {"Ihe Trusl°I lor the year ended 31 March 2024. Responslbllltles and basls ot report As the charily's Iruslees, you are responsible for the preparation ol the accounts in accordance with the requirements of the Charities Act 2011 l.the Act). I report in respect ol my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my exarnination, I have followed all the applicable Directions given by the Charity Commission under séction 14515llbl ol the Act. Independent examlner's statemeni I have completed my examination. I confirm that no material mallers have come to my allentlDn in connection with th8 examination {othor than that disclosed below ') which gives me cause to believe that in, any mat8rial respect: the accounting records were not kept in accordance wilh section 130 of the Charities Act., or the accounts did not accord with th8 accounting records., or the accounts did not comply with the applicable requirernents concerning the form and contènt of accounts set out in the Chari1Ses (Accounts and Reports) Regulations 2008 other than any requiremanl that the accounts give a 'lrue and fair, view which is not a matter considered as part ol an independent examination. I have no Goneerns and have come across no other matters In Connection with the examination to which attention should be drawn in this report in order lo enable a prop8r understanding of the accounts to be reached. Please delete Ihe words in the brackets il Ih8y do not apply. Slgned" Date: ?1 Name: Trislran James Russell Relevant protesslonal quallflcalion{$) or body (If any): Fellow of the Association Chartered Carlilied Accountants 11ER Oct 2018
Address: Dexter & Sharpe, Roll&stone House, 20-22 Bridge Street, Horncaslle, Lincolnshire, LN9 5HZ Section B Disclosure Only oomplele il the examiner needs lo highlight material mallers ol concern (see CC32, Independenl examination ol charily accounts.. directions and guidance lor examiners). Give here brlef delalls of any Items Ihat the examlner wlshes lo disclose. 21ER Oct 2018