**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:
- 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.
## **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**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**Current value**
**(optional)**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**Current value**
**(optional)**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**When due**
**(optional)**|
|||||
|||||
|||||
|||||
|||||
|||||
||||Date of
approval|
|||||
|||||
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