**Lincolnshire Chalk Streams Trust** Trustees’ Annual Report up to 31.03.2025 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 2025. 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** Within this financial year, the Trust has had 2 new trustees come on board, making a total of 4 in the Trust. In collaboration with the Lincolnshire Chalk Streams Project team (LCSP), CaBA funds were used to go towards establishing the Northern Becks Working Group and developing an addendum to the Northen Becks Management Plan. This working group help support the Trust in hosting the Catchment Based approach for the Northern Becks area, and is made up of organisations, trusts and landowners in the Northern Becks catchment. Catchment walkovers were completed by AECOM during the 2023 to 2024 financial year for the Skitter/East Halton Beck, Laceby Beck, North Beck Drain and Barrow Beck. From these walkovers, priority areas for restoration moving forward have been identified and included in the addendum. The Waithe Beck restoration project is progressing, with Ecological surveys and designs completed by hydrologists in this financial year. Adjustments may need to be made in the next financial year depending on water vole licensing requirements. ## **Financial Review** A total of £19,673 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 2025 was £114,824. Unrestricted funds stand at £4,071 whilst restricted funds stand at £110,753. The main source of income has been from restricted sources mainly the CaBA funds, totalling £7,500. There was £817 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 (LCSP) team to develop the Waithe Beck Project, with the funds received from the Prax Lindsey Oil Refinery in the 2023 to 2024 financial year. 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 to work with LCSP on a range of projects, including setting up farm cluster groups in chalk streams catchments. These cluster groups have the overall goal of encouraging sustainable land use, to generate improvements in water quality and ecosystem health. Moreover, the Trust will continue working with the Environment Agency in developing and delivering projects, whilst discussing opportunities for applying 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)
Marco Fusi (Trustee)
Aimee McClelland (Trustee)| |Bank|NatWest
Market Place
Louth
LN11 9NX| Approved by the Trustees on 28[th] Jan 2026 and signed on their behalf by: Mathew Heywood Lincolnshire Chalk Streams Trust Chair ||**Charity Name**
**Lincolnshire Chalk Streams Trust**|**Charity Name**
**Lincolnshire Chalk Streams Trust**|**Charity Name**
**Lincolnshire Chalk Streams Trust**|**No (if any)**
**1190917**|**No (if any)**
**1190917**|**No (if any)**
**1190917**|**CC16a**| |---|---|---|---|---|---|---|---| ||**For the period**
**from**|Period start date
01/04/2024|**To**||Period end date
31/03/2025||| ||||||||| |**Section A Receipts and payments**|||||||| |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**
**817**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**817**
**-**
**-**
**-**
**817**
**-**
**-**

**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**817**
**-**
**3,254**
**4,071**|**Restricted**
**funds**
**to the nearest £**
**7,500**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**7,500**
**-**
**-**
**-**
**7,500**
**510**
**18,830**
**333**
**-**
**-**
**-**
**-**
**-**
**-**
**19,673**
**-**
**-**
**-**
**19,673**
**- 12,173**
**-**
**122,926**
**110,753**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**||**Total funds**
**to the nearest £**
**8,317**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**8,317**
**-**
**-**
**-**
**8,317**
**510**
**18,830**
**333**
**-**
**-**
**-**
**-**
**-**
**-**
**19,673**
**-**
**-**
**-**
**19,673**

**- 11,356**||**Last year**
**to the nearest £**| |Donations legacies andgrants|**817**||||||**127,560**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**817**||||||**127,560**| ||||||||| |**A2 Asset and investment sales,**
**(see table).**|||||||| ||**-**||||||| ||**-**||||||**-**| |**_Sub total_**|**-**||||||**-**| |**_Total receipts_**
**A3 Payments**|||||||| ||||||||**127,560**| ||||||||| |
Insurance|**-**||||||**506**| |Professional and contractors fees|**-**||||||**39,818**| |Printing, postage, stationary and computer
supplies|
**-**||||||**288**| |Equipment|**-**||||||**642**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| |**_Sub total_ **|**-**||||||**41,253**| ||||||||| |**A4 Asset and investment**
**purchases (see table)**|||||||| |**,**|**-**||||||| ||**-**||||||| |**_Sub total_ **|**-**||||||**-**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**|||||||| ||||||||**41,253**| ||||||||| ||**817**|**- 12,173**|**-**||
**- 11,356**||**86,307**| ||**-**|**-**|**-**||**-**||**-**| ||**3,254**|**122,926**|**-**||**126,180**||**39,873**| ||**4,071**|**110,753**|**-**||**114,824**||**126,180**| CCXX R1 accounts (SS) 29/01/2026 1 |**Section B Statement of assets and liabilities at**|**Section B Statement of assets and liabilities at**|**the end of the period**|| |---|---|---|---| |**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B5 Liabilities**
**B3 Investment assets**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B1 Cash funds**|**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**
**Details**
**Details**
Signature|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**4,071**
**110,753**
**-**
**-**
**-**
**-**
**4,071**
**110,753**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name|**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| ||||| ||||| CCXX R2 accounts (SS) 29/01/2026 2 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trustee members of Lincolnshire Chalk Streams Trust On accounts for the year ended 31 March 2025 Charity no lif 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 of the above charity ("the Trust I for the year ended 31 March 2025. 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 ("the Act"). I report in respect of my examination of the Trust's accounts 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 examinerfs 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 to believe that in. any material iespect". the accounting records were nol kept in accordance with 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 concerning the form and contenl of accounts set out in the Charities {Accounls and Reports) Regulations 2008 other than any requirement that the a￿Ount$ give a 'true and fair, view which is not a matter considered as part of an independent examinalion. I have no concerns and have come across no other matters in connection with the examination to which attenlion should be drawn in this report in order to enable a proper understanding of the accounts lo be reached. Please delete the words in the brackets if they do not apply. Slgned: Date- Name: Tristran James Russell Relevant professlonal qualrfication{s) or body (if any)- Fellow of the Association Chartered Certified Accountants 11ER Oct 2018 Address: Dexter & Sharpe, Rollestone House. 20-22 Bridge Street. Horncastle, Lincolnshire, LN9 5HZ Sectlon Disclosure Only complete if the examiner needs to highlight material matters of con￿rn (see CC32, Independent examination of charity accounts.. directions and guidance for examiners). Give here brief detalls of any items that the examiner wishes to disclose. 21ER Oct 2018