Charity Registration No. 1031482
Company Registration No. 02881225 (England and Wales)
THE ENVIRONME￿ CENTRE ITEC)
ANNUAL REPORT AND FINANCIAL StATEME1￿rs
FOR THE YEAR ENDED 31 MARCH 2024
BUSINESS
ADVISORS
& ACCOUNTANTS
10 Bridge Street
Christchurch
Dorset
BH23 IEF

THE ENVIRONMENT CENTRE (TEC)
CONTENTS
Page
Company information
Trustees report
2-10
Statement of trustees responsibilities
li
Independent auditor's report
12-15
Statement of linancial activities
16
Balance sheet
17
Statement of cash flows
18
Notes to the financial statements
19-33

THE ENVIRONMENT CENTRE (TEC)
COMPANY INFORMATION
Trustees
Mr P James
Ms A S Drakakis
Mr A Howison
Mr C R Rowland
Mr l Nelson
Dr A Whitehead MP
Other officers
A Goulden
A Brand
Chief Executive
Finance Manager
Charity number
1031482
Company number
02881225
Registered office
14-15 Brunswick Place
Southampton
Hampshire
S015 2AQ
Auditor
TC Group
10 Bridge Street
Christchurch
Dorset
BH23 IEF

THE ENVIRONMENT CENTRE (TEC)
TRusfEES REPORT {INCLUDING DIREcfoRS' REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
The trustees present their annual report and financial statements for the year ended 31 March 2024.
The financial statements have been prepared in accordance with the accounting policies set out in note I to the
financial statements and comply with the charity's governin8 document, the Companies Act 2006 and 'Accounting
and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts
in accordance with the Financial Reporknng Standard applicable in the UK and Republic of Ireland IFFIS 1021" las
amended for accounting periods commencing from l January 20161
Objectives and activities
As an inde
endent Environmental Chari
tEC's missions is:
The advancement in education of the public in all matters concerning the environment.
The preservation and protection of the environment by.
The provision of practical support and advice to all individuals and organisations wanting to
enhance their environment and reduce their use of natural resources.
Raising awareness of environmental issue5 Wlthin all sections of the community-
The adoption of sustainable practices amongst the general public, schools and businesses.
The activities of the charity include-
For Local Authorities and Government-led or
anisattons
Support Local Authorities with their responses to the climate emergency and adaptation strategies
The Provision of a free phone advice line for front line staff and members of the public on matters such as
fuel poverty, energy efficiency, air quality, waste and recycling, water saving and the grants available for
energy efficiency home improvements
Data interpretation and mapping services
Response to local and national consultations
Bid writing Services
In house training on energy efficiency. sustsinability and fuel poverty
Assistance with ongoing HECA reporknng
Working with Local Authorities to develop sustainable policies, strategies and action plans
Outreach events promoting sustainability through schools, community or council events
Offering advice and guidance on accessing funding for environmental projects
Strategie5for achieving aims ond objectives
For individuals.
Free phone advice on- 081)0 804 8601 for Southampton and Hampshire residents or 0800 260 5907 for
Portsmouth for imparknal advice on energy efficiency, keeping warm and well in the home and simple
ways to live more sustainably
Home Visits - to provide bespoke advice on Energy Efficiency and sustainability in the home.
Guidance on accessing grants and loans and hand-holding support with applications for funding for the
most vulnerable
Energy surgeries in public spaces
Energy awareness events
Outreach Mobile advice at community centres. supermarkets, libraries and similar location5

THE ENVIRONMENT CENTRE (TEC)
TRusfEES REPORT {INCLUDING DIREcfoRS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Criteria usedfor ossessing success
For schools=
School assemblies and environment-themed activities
Environmental education workshops
Road shows. storytelling and fun days to encourage engagement on climate change and sustainabilitv
Issues
Staff and governor training in energy and environmentsl issues
Water. waste and energy audits
Public benefit
For business..
Energy and Environmental Audits
Data interpretation and mapping service5
Guidance on Environmental Management Systems
Sustainability Strategies
Green Travel Plans
In house environmental training
In house business road shows
Free phone advice line
Renewables Feasibility Studies
Activities
The Trustees review our aims. objectives and activities each year to ensure that we remain focused and have given
due regard to public benefit when planning the charity's activities.

THE ENVIRONMENT CENTRE (TEC)
TRusfEES REPORT {INCLUDING DIREcfoRS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Achievements and performance
Significont octivitie5 ond ochievements ogoinst objectives
We continue to run our major fuel poverty. energy efficiency and air quality projects in Southampton, Portsmouth
and Hampshire and have achieved some really impressive results.
Over the past year we have:
Assisted 5,824 households over the phone, by email and at community events/workshops
Facilitated the installation of 273 large energy efficiency measures including external wall insulation,
cavity wall insulats"on, loft insulation, solar PV, air source heat pumps and essential heating system repairs
or replacements. The installation of these measures has resulted in estimated lifetime energy bill savings
of more than £1,095.500 and estimated lifetime carbon savings of more than 1,865 tCO2e.
Trained 397 frontline workers on energy. affordable warmth and air quality matters
Launched a healthcare professionals air quality project, to recruit clean air champions, in partne rship with
Southampton City Council and Global Action Plan.
Led local promotion of the first Clean Air Night and hi8hli8hted local action to tackle air pollution during
this year's Clean Air Day
Won two awards - "Southampton Business Award for sustainability" from Southampton Chamber of
Commerce and "Best Partnership 2024" award from National Citizens Advice for Advice in Southampton
Created printed and digital resources in various accessible formats
This year we've made significant improvements in offering accessible resources to ensure we reach a larger
audience. We've created home energy resources in four different languages and in Easy Read la recognised format
for audiences with learning difficulties). The Hithng The Cold Spots project website also has a Sul￿tantial
accessibility menu including IO0+ languages, dyslexia-friendly tools. screen readers and more.

THE ENVIRONMENT CENTRE (TEC)
TRusfEES REPORT {INCLUDING DIREcfoRS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Business Plan
The flash general election in July has resulted in a change of Government and a significant shift in energy and
environmental policy.
Highlights include the setting up of a new energy generation company - Great British Energy which will be
headquartered in Scotland.
Labour have pledged that Great British Energy will partner with energy companie5. local authoriti&, and co-
operatives to install thousands of clean power projects. The new Government plan to work with the private sector
to double onshore wind, triple solar power, and quadruple offshore wind by 2030. Of particular interest to tEC is
that local communities will be invited to come forward with local energy projects.
Also of interest The Warm Homes Plan is designed to improve energy efficiency in British homes with investment
of an extra £6.6 billion over the next parliament. doubling the previous planned government investment, to
upgrade five million homes.
The Warm Homes Plan will offer grants and low interest loans to support investment in insulation and other
improvements such as solar panels, batteries and low carbon heating designed to cut bills. Again, the plan is to
work with the private sector, including banks and building societies, to provide further private finance to
accelerate home upgrades and low carbon heating.
There are also plans to ensure homes in the private rented sector meet minimum energy efficiency &andards
IMEESI by 2030.
With reference to the above and in consideration of a number of other local and organisational factors The Board
of Trustees and the Senior Management Team have produced a business plan which will help to focus our efforts
over the next year.
In the next year tEC will seek to-
Successfully roll out our new our home energy efficiency retrofit offer in partnership with a ran* of Local
Authorities and Third Sector Organisations. Supporting households in the able to pay sector is seen as key
to the objectives of the charity. Delivering this service alongside our affordable warmth projects wll
provide consistency in the advice given and co-benelits in terms of the advice line and digital offering
being accessible and relevant to all homeowners
Work with a con50rtium of Local Authorities to identify opportunities to support the role out of ￿ergY
efficiency works under the Government's new Warm Homes Plan
Continue to work with Southampton City Council on improving it5 Southampton Healthy Homes offer an
support its Green City vision and initiatives. Southampton is investing significant resource into Supporting
fuel poor households in the city and through their discretionary funding tEC is able to support many more
households than would otherwise have been the case.
Investigate opportunities to 5UPPOrt community energy projects in Southampton and beyond
Continue to successfully deliver Hitting the Cold Spots project and look for additional funding to expand
the reach and scope of the scheme.
Work with the other Local Authorities on their Net Zero plans particularly with regards to decarb(nising
housing and improving air quality-
Secure funding outside of the Local Authorities to allow us to engage with the public on issues of climate
change and sustainable lifestyles.
Endeavour to expand our work looking at minimum energy efficiency standards in the Private Rented
Sector

THE ENVIRONMENT CENTRE (TEC)
TRusfEES REPORT {INCLUDING DIREcfoRS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Build upon our success in delivering Air Quality work and seek additional funding to deliver activities
aimed at highlighting the issue and improving air quality in the region.
Continue to successfully work with a consortium of local charities to deliver Advice in Southampton work
and expand the visibility of the group.
Deliver work under the Flexible Eligibility element of ECO, and LAD/HUG schemes for Southampton,
Hampshire and Portsmouth Authoritr"es.
Continue working closely with Southampton City Council, Portsmouth City Council and Hampshire County
Council on projects of mutual benefit - particularly Fuel Poverty and energy efficiency Projects
Continue to work with the Southampton Warmth for All Partnership and Hampshire Energy Efficiency
partnership to promote our services, 'earn from other schemes and investigate opportunities to support
large scale regional energy efficiency and fuel poverty projects.
Continue to investigate opportunities to diversify away from delivering energy efficiency and Fuel Poverty
projects. Of particular interest are community energy projects, renewable technologies, battery storage,
Air Quality, Waste, Circular Economy and Water projects.
Continue to develop our communications strategy and raise the profile of the organisation
Continue to improve the staff development, training and remuneration package
Continue to establish and maintain a strong network of relevant contacts

THE ENVIRONMENT CENTRE (TEC)
TRusfEES REPORT {INCLUDING DIREcfoRS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Risk Management
The following risks have been identified as relevant to the business..
Financial risks from working with financially challenged Local Authority partners is a real risk to the
organisation. Whi15t the likelihood of any LA'S issuing a section 114 notice has diminished slow payment
and a lack of consistency in terms of contract and payment profiles remains a cause for concern.
There is a potential that by seeking to deliver able to pay retrolit work alongside our existr.ng affordable
warmth and air quality projects that we will overextend ourselves. This is compounded by the fact thit
certain funding bodies do not allow sufficient mobilisation time or resource for project management and
organisational costs.
There is increasing competition from a number of organisations operating in the retrofit and fuel poverty
arena. Whilst we don't view these as a particular risk at present there is the potential for them todilute
our message and. in the worst case. for vulnerable households not to receive the full range of support
that is available to them through Local Authority and tEC managed schemes.
Whilst a significant increase in the number of staff at tEC has allowed us to support many more vulnerable
households it has had an impact on the team leads and particularly the SMT. Training, HR and ongoing
support all take time away from other duties and create competing priorities.
We are dealing with an increasing numbers of clients with complex needs that often require multip
interventions. This is extremely time consuming and often very difficult to manage in conjunction wf(h
other elements of our projects.
The SMT and team leads are under some pressure. We work in a fast paced environment and run
complicated multifaceted projects. Our linance manager for example currently only works 3 days a week
and is having to deal with nearly double the number of staff and invoices than when she first joined tEC
Burn out of certain key members of staff is a concern
Hybrid working has now fi'rmly bedded in and in the majority of cases brings with it benefits for both the
organisation and employee. However it does also continue to present challenges in terms of how best to
support staff members and how to monitor and review their work when they are at home.
There still remain some operational risks from COVID and flu with the potential of multiple stafl
contracting the virus and associated risks to land from) our client group
There continues to be concern over the effects of the economic downturn. and the increasing costs of
living. At the same time demand for our services is increasing exponentially.
Recruiting staff remains challenging and we are having to look at our offer carefully as other organisations
increase their pay in response to a shortage of suitable candidates.

THE ENVIRONMENT CENTRE (TEC)
TRusfEES REPORT {INCLUDING DIREcfoRS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Miti ation Strate
A number of strategies have been initiated in order to mitigate identified risks-
The board and SMT continue to be mindful of staff capacity, particularly with the senior managers who
have been working extremely hard on their own projects and also on a variety of additional initiati￿5 to
improve organisational processes. We will continue to monitor and look to recruit quickly where
necessary. We may also need to consider additional support for the linance and office manager.
The board and SMT are acutely aware of the need to carefully consider which projects to bid for ard work
on. There are many opportunities presently and we are committed not to chase funding or to agree to
work which will put additional strain on staff. New projects must not only align with our charitable aims
and business plan they must also be deliverable, and not at the expense of staff well-being. Again the SMT
will carefully monitor staff workload and capacity and look to redeploy and recruit quickly if more projects
come on line.
Emphasis has also been placed on partnership working with other TSO'S to allow tEC to expand its
operations and access alternative sources of funding.
Strong emphasis continues to be placed on securin8 additional funding to deliver existing projects going
forward and we continue to talk to our partners about the need for more staff resource to support
growing numbers of residents contacting us.
We have recruited another two members of staff to help cope with the increased demand on our
services. It is likely that we will look to recruit again in the near future
We will update and adopt a range of policies and procedures, particularly around our support structures,
training, remote working and reviews. These are designed to complement the new projects coming online
and continued hybrid working arrangements. The aim is for us all to feel confi'dent with what we are
doing and feel engaged and supported.
We continue to follow COVID and flu recommendations and have adopted a range of measures including
advising staff to get their vaccinations. wash their hands regularly, where masks when appropriate,
ventilate the office space and stay away from work ifthey feel unwell.
We continue to work closely with Southampton City Council and other Hampshire Authorities to
investigate opportunities of mutual benefit.
The Chief Executive will continue to network and develop new business links with relevant Individ￿15 and
organisations.
The board have created a risk register to help identify. prioritise and further mitigate the identified risks.
Financial review
Reserves policy
The incoming resources for this accounting period amounted to £1,787,44412023 £1,479,340) of which the
operating surplus on activities was £151,41312023 £147,333). The aim is to achieve a minimum of reserves of
the equivalent of six months of overheads expenses.
Under the memorandum and Articles of Association. the charity has the power to invest in any way the trustees
wish, however to trustees continue to maintain the remit not to invest in anything other than its stsff.
As at the year end charity had reserves of £632.974 12023 £481.561) of which £48,846 12023- £94.2621
represented restricted funds and £30.00012023 - £30.OCrfJI designated funds.

THE ENVIRONMENT CENTRE (TEC)
TRusfEES REPORT {INCLUDING DIREcfoRS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Structure, governance and management
Governin
Document
The Charity is constituted as a Company limited by Guarantee and governed by a Memorandum and Articles of
Association incorporated on 16 December 1993. It is registered with the Charity Commissioners under charity
number 1031482. The Board of Trustees with advice from the Charities Commission amended their Memorandum
and Arkncles in June 2020. Each member agrees to contribute £1 in the event of the charity winding up.
ointment of Trustees
As set out in the Articles of Association the trustees are approved by a unanimous vote of the existing board of
trustees following a successful interview process. The process includes the Chief Executive obtaining satr"sfactory
references and ensuring that the nominated trustees fully understand their obligations to the charity- New
trustees can be nominated throughout the year and are approved to the board at the quarterly board meetings.
There is no limit to the time a trustee may serve.
As the majority of the work undertaken by the charity is in partnership with local authorities of Hampshire and the
Isle of Wight, the charity welcomes nominees from these authorities. Nominee5 appointed f rom local authorities
are subject to the appointment process of these bodies and the guidelines on appointment to public cffice as they
apply to Local Government nominees.
Trustee introduction and trainin
Before being nominated new trustees are briefed by the Chief Executive on their legal obligations under the
charity and company law. the content of the Memorandum and Articles of Association, the committee. decision
making processes and minimum commitment expected from the new trustee. They also learn in situ about the
organisation structure. business plan and recent financi31 performance of the charity. Having been nominated, the
new trustee will meet key employees and be provided with access to operation procedures. They will be
encouraged to attend appropriate events to gain greater knowledge of the charity's activities and to help in the
undertaking of their role.
The trustees, who are also the directors for the purpose of company law, and who served during the year and up
to the date of signature of the financial statements were-
Mr PJame5
Ms A S Drakakis
Mr A Howison
Mr C R Rowland
Mr l Nelson
Dr A Whitehead MP
Recruitment ond oppointment of trustees
None of the trustees has any beneficial interest in the company. All of the trustees are members d the company
and guarantee to contribute £1 in the event of a winding up.
The company's current policy concerning the payment of trade creditors is to follow the CBI'S Prorry)t Payers Code
(copies are available from the CBI, Centre Point. 103 New Oxford Street, London WCIA IDUI.
The company's current policy concerning the payment of trade creditors is to-
settle the terms of payment with suppliers when agreeing the terms of each transattion;
ensure that suppliers are made aware of the terms of payment by inclusion of the relevant terms in contracts;
and
pay in accordance with the company's contractual and other legal obligations.

THE ENVIRONMENT CENTRE (TEC)
TRusfEES REPORT {INCLUDING DIREcfoRS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Induction ond training of trustees
Or
anisation
The Board of Trustees administers the charity and meets formally on a quarterly basis. however meetings on
specific matters are arranged as and when required. The Chief Executive is appointed by the trustees to manage
the day to day operation of the charity. To facilitate effective operations. the Chief Executive has delegated
authority. within terms of delegation approved by the trustees, for operational matters including linance,
employment and activity performance. The trustee5 are supplied with financial information quarterly and an
activity and funding report every six months lor more frequently should need arise).
Related arties
The charity's continued success lays in its steadfast commitment and ability to remain independent apolitical and
non-campaigning-
The charities wholly owned subsidiary, Environment Centre Enterprises Limited, was established to operate any
commercial environmental work deemed to not be solely charitable. but which supported environmental best
practice or materia15 to support environmental best practice. In 2023124 and the previous year this company did
not undertake activity or trading.
Auditor
In accordance with the company's article5. a re501ution proposing that TC Group be reappointed as auditor of the
company will be put at a General Meeting.
The trustees report was approved by the Board of Trustees.
Mr PJames
Trustees
18 December 2024
10-

THE ENVIRONMENT CENTRE (TEC)
STATEMENT OF TRUSTEES RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2024
The trustees, who are also the directors of The Environment Centre {TECI for the purpose of compary law, are
responsible for preparing the Trustees Report and the tinancial statements in accordance with applicable law and
United Kingdom Accounting Standards {United Kingdom Generally Accepted Accounting Practice).
Company Law requires the trustees to prepare financial statements for each financial year which give a true and
fair view of the state of affairs of the charity and of the incoming resources and application of r&ources, including
the income and expenditure, of the charitsble company for that year.
In preparing these financial statements, the trustees are required to:
select suitable accounting policies and then apply them consistently-
observe the methods and principles in the Charities SORP-
make judgements and estimates that are reasonable and prudent-
prepare the linancial statements on the going concern basis unless it is inappropriate to presume that the
charity will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at
any time the fi'nancial position of the charity and enable them to ensure that the fi'nancial statements comply with
the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and he￿e taking
reasonable steps for the prevention and detection of fraud and other irregularities.
11

THE ENVIRONMENT CENTRE (TEC)
INDEPENDENT AUDITOR'S REPORT
TO THE TRu￿EE5 OF THE ENVIRONME￿ CEl￿RE ITEC)
Opinion
We have audited the tinancial statements of The Environment Centre (TECI (the 'charity'l for the ￿ar ended 31
March 2024 which comprise the ststement of financial activities, the balance sheet. the statement of cash flows
and notes to the linancial statements, including significant accounting policies. The financial reporting framework
that has been applied in their preparation is applicable law and United Kingdom Accounting Stsndard5, including
Financial Reporknng Standard 102 The Financial Reporting Standard applicoble in the UK and Republic of Ireland
(United Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statements:
give a true and fair view of the state of the charitable company's affairs as at 31 March 2024 and of its
incoming resources and application of resources. for the year then ended-
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting PraCti￿-
and
have been prepared in accordance with the requirements of the Companie5 Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable
law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit
of the finonciol statements section of our report. We are independent of the charity in accOrdar￿e with the
ethical requirements that are relevant to our audit of the tinancial statements in the UK, including the FRC'S
Ethical Standard, and we have fullilled our other ethical responsibilities in accordance with these requirements.
We believe that the audit evidence we have obtsined is sufficient and appropriate to provide a basis for our
opinion.
Conclusions relating to goin8 concern
In auditing the financial statements, we have concluded that the directors, use of the going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identitied any material uncertainties relating to events
or conditions that, individually or collectively. may cast significant doubt on the company's ability to
continue as a going concern for a period of at least twelve months from when the linancial statements are
authorised for issue.
Our responsibilitie5 and the responsibilities of the directors With respect to going concern are described in
the relevant sections of this report.
Other information
The other information comprises the information included in the annual report other than the tinancial
statements and our auditor's report thereon. The trustees are responsible for the other information contained
within the annual report. Our opinion on the financial statements does not cover the other informatijn and we
do not express any form of assurance conclusion thereon. Our responsibility is to read the other inbrmation and,
in doing so, consider whether the other information is materially inconsistent with the financial ststements or our
knowledge obtained in the course of the audit. or otherwise appear5 to be materially misstated. If we identify
such material inconsistencies or apparent material misstatements, we are required to determine whether this
gives rise to a material misstatement in the fi'nancial statements themselves. If, based on the work we have
performed, we conclude that there 15 a material misstatement of this other information, we are required to report
that fact.
We have nothing to report in this regard.
12-

THE ENVIRONMENT CENTRE (TEC)
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRu￿EE5 OF THE ENVIRONME￿ CEl￿RE ITEC)
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and
Reports) Regulations 2008 require us to report to you if. in our opinion:
the information given in the financial statements is inconsistent in any material respect with the trustees
report,. or
sufficient accounting records have not been kept- or
the linancial statements are not in agreement with the accounting records- or
we have not received all the information and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the statement of trustees responsibilities, the trustees, who are also the directors of
the charity for the purpose of company law, are responsible for the preparation of the fi'nancial statements and
tor being satistied that they give a true and fair view, and for such internal control as the trustees determine is
necessary to enable the preparation of financial statements that are free from material misstatement. whether
due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity's
ability to continue as a going concern. disclosing. as applicable, matters related to going concern and using the
going concern basis of accounting unle55 the trustee5 either intend to liquidate the charitable company or to
cease operations, or have no realistic alternative but to do so.
Auditor's responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free
from material misstatement. whether due to fraud or error. and to issue an auditor's report that includes our
opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in
accordance with ISAS IUKI will always detect a material mi55tatement when it exi5t5. Misstatements (an arise
from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be
expected to influence the economic decisions of users taken on the basis of these fi'nancial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. The extent to which our
procedures are capable of detecting irregularities. including fraud. is detailed below:
Extent to which the audit was conside￿d capable of deterting irregularities. including fraud
The objectives of our audit, in respect to fraud. are= to identify and assess the risks of materia misstatement of
the financial statements due to fraud: to obtain sufficient appropriate audit evidence regarding the asse55ed risks
of material misstatement due to fraud, through designing and implementing appropriate responses; and to
respond appropriately to fraud or suspected fraud identifi.ed during the audit. However, the primary responsibility
for the prevention and detection of fraud rests with both those charged with governance of the entity and its
management.
13-

THE ENVIRONMENT CENTRE (TEC)
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRu￿EE5 OF THE ENVIRONME￿ CEl￿RE ITEC)
Our approach was as follows..
We identified areas of laws and regulations that could reasonably be expected to have a material effect on the
financial statements from our general commercial and sertor experience. and through discussion with the
trustees and other management las required by auditing standards}, and discussed with the trustees and other
management the policies and procedures regarding compliance with law5 and regulations,.
We considered the legal and regulatory frameworks directly applicable to the financial ststements
reporting framework IFRS 102 and the Companies Act 2Ci161 and the relevant tax compliance regulaticns in the
UK;
We considered the legal and regulatory principles in the Charity SORP
We considered the nature of the industry, the control environment and business performance, incknding the key
drivers for management's remuneration.
We communicated identilied laws and regulations throughout our team and remained alert to any i￿lICatiOnS of
non-compliance throughout the audit. These include Health and Safety, employment law, building insurance,
public liability insurance and licencing. The Trustees use an external lirm for Health and Safety and employment
law, as they believe this will ensure up to date knowledge and systems are used.
We considered and reviewed the procedures and controls that the company has established to addrss risks
identified, or that otherwise prevent, deter and detect fraud. and how senior management monitors those
programmes and controls. These include the review of authorisation limits for bank transactions and
authorisation for BACS payments.
Based on this understanding we designed our audit procedures to identify non-compliance with such laws and
regulations. These include Health and Safety, Employment Law and Licencing. Where the risk was consK4ered to
be higher, we performed audit procedures to addre55 each identified fraud risk. These procedures induded-
testing manual journals. reviewing the financial statement disclosures and testing to 5UPPOrting documentation;
performing analytical procedures; and enquiring of management, and were designed to provide reasonable
assurance that the financial statements were free from fraud or error.
Owing to the inherent limitations of an audit. there is an unavoidable risk that we may not have detected some
material misstatements in the tinancial statements, even though we have properly planned and perform ed our
audit in accordance with auditing standards. For example. the further removed norkcompliance with laws and
regulations lirregularitiesl is from the events and transactions reflected in the financi31 statements, the less likely
the inherently limited procedures required by auditing Standards would identify it. The risk is also greater
regarding irregularitie5 occurring due to fraud rather than error. a5 fraud involves intentional c0￿ealMent,
forgery, collusion, omission or misrepresentation. We are not responsible for preventing non-compliance and
cannot be expected to detect non-compliance with all lav￿ and regulations.
A further description of our responsibilities is available on the Financial Reporting Council's website at.. htt
www.frc.or
Our-work
Audit
Audit-and-assurance
Standards-and-
uidance
Standards-and-
uidance-
forauditors
Auditors-res
onsibilities-for-audit
Descri
tion-of-auditors-res
onsibilities-for-audit.as
This description forms part of our auditor's report.
14-

THE ENVIRONMENT CENTRE (TEC)
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRu￿EE5 OF THE ENVIRONME￿ CEl￿RE ITEC)
Use of our report
This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part
16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable
company's members those matters we are required to state to them in an auditors, report and for no (ther
purpose. To the fullest extent permitted by law. we do not accept or assume responsibility to anyone other than
the charitable company and the charitable company's members as a body, for our audit work, for this report, or
for the opinions we have formed.
Dean Pullen FCCA (Senior Statutory Auditor)
for and on behalf of TC Group
Statutory Auditor
Offi'ce.. Christchurch
18 December 2024
TC Group is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor
of a company under of section 1212 of the Companies Act 2Crf)6
15-

THE ENVIRONMENT CENTRE (TEC)
STATEMENT OF FINANCIAL AcfiviTIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unrestricted Restricted
funds
funds
Totsl Unrestricted Restricted
funds
funds
Total
2024
2024
2024
2023
2023
2023
Notes
Income from:
Donations and legacies
Charitable activities
Investments
1,000
575,047
6,413
154,623
1.050,361
155,623
1.625,408
6.413
12,422
637,778
1,713
10,056
817,371
22,478
1.455,149
1,713
Total income
582,460 1,204,984 1,787,444
651,913
827,427 1,479,340
Expenditure on:
Charitable activities
385,631
1.250,400
1.636,031
533,826
798,181
1.332,007
Total expenditure
385,631
1.250.400
1.636.031
533,826
798,181
1.332,007
Net income/(expenditure)
196,829
145.4161
151,413
118,087
29,246
147,333
Transfers between
funds
14,3221
4,322
Net movement in
funds
196,829
145.4161
151.413
113,765
33,568
147,333
Reconciliation of funds:
Fund balances at l April 2023
387,299
94,262
481,561
273,534
60,694
334,228
Fund balances at 31 March
2024
584,128
48,846
632,974
387,299
94,262
481,561
The statement of tinancial activities includes all gains and losses recognised in the year. All income and
expenditure derive from continuing activities.
16-

THE ENVIRONMENT CENTRE (TEC)
BALANCE SHEET
AS AT31 MARCH 2024
2024
2023
Notes
Fixed assets
Tangible assets
Investments
12
32,084
11,230
13
32,085
11,231
Current assets
Debtors
Cash at bank and in hand
14
252.111
429.492
306.818
222.156
681.603
528.974
Creditors: amounts falling due within one
year
15
{80.7141
{58,6441
Net current assets
600,889
470,330
Total assets less current liabilities
632,974
481,561
The funds of the charity
Restricted income funds
Unrestricted funds
18
48,846
584,128
94,262
387,299
19
632,974
481,561
These financial statements have been prepared in accordance with the provisions applicable to companies subject
to the small companies regime.
The financial statements were approved by the trustees on 18 December 2024
Mr Pjames
Trustees
Company registration number 02881225 (England and Wales)
17-

THE ENVIRONMENT CENTRE (TEC)
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Notes
Cash flows from operating artivities
Cash generated from operations
24
227.161
17,951
Investing activities
Purchase of tangible lixed assets
Investment income received
{26.2381
6,413
{10,1321
1,713
Net cash used in investing activities
119,8251
18,4191
Net cash used in financing activities
Net in¢￿aSe in cash and cash equivalents
207.336
9,532
Cash and cash equivalents at beginning of year
222,156
212,624
Cash and cash equivalents at end of year
429,492
222,156
18-

THE ENVIRONMENT CENTRE (TEC)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
Charity information
The Environment Centre ItECI is a registered charity. registration number 1031482. company number
2881225, limited by guarantee in England and Wales. The registered office 15 Equity & Law House. l¢15
Brunswick Place, Southampton, S015 2AQ.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's governing document, the
Companies Act 2006 and "Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021" las amended for accounting periods commencing
from l January 20161. The charity is a Public Benefit Entity as delined by FRS 102.
The tinancial statements are prepared in sterlin& which is the functional currency of the charity. Monetary
amounts in these financial statements are rounded to the nearest pound.
The tinancial statements have been prepared under the historical cost convention. The principal a￿Ounting
policies adopted are set out below.
1.2 Going concern
At the time of approving the tinancial statements. the trustees have a reasonable expectation that the
charity has adequate resources to continue in operational existence for the foreseeable future. Thus the
trustees continue to adopt the going concern basis of accounting in preparing the linancial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable
objectives.
Designated funds comprise funds which have been set aside at the discretion of the trustees for 5￿cIfiC
purposes. The purposes and uses of the designated funds are set out in the notes to the financial
statements.
Restricted funds are subject to specitic conditions by donors or grantors as to how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial statements.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions hale been
met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been
notified of the donation, unless performance conditions require deferral of the amount. Income tax
recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of
the donation.
19-

THE ENVIRONMENT CENTRE (TEC)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
(Continued)
Legacies are recognised on receipt or otherwise if the charity has been notitied of an impending di stribution,
the amount is known. and receipt is experted. If the amount is not known, the legacy is treated as a
contingent asset.
1.5 Expenditure
All expenditure is recognised once there is a legal or construttive obligation to that expenditure, it is
probable settlement is required and the amount can be measured reliably. All costs are allocated to the
applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly
attributable to particular headings they have been allocated on a basis consistent with the use of resources,
with central staff costs allocated on the basis of time spent. and deprecation charges allocated on the
portion of the asset's use. Other support costs are allocated based on the spread of staff costs.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its aCtiV￿leS and
Services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those
costs of an indirect nature necessary to support them.
Governance costs include the costs attributable to the charity's compliance with constitutional and statutory
requirements, including independent examination. strategic management and trustee's meeting and
reimbursed expenses.
Irrecoverable VAT is charged against the category of resources expended for which it was incurred.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and Subsequently measured at cost or valuation, net of
depreciation and any impairment105ses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over
their useful lives on the following base5-
Fixtures and fittings
Computers
Motor vehicles
33% straight line
20% straight line
8 years reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale
proceeds and the carrying value of the asset. and is recognised in the statement ot tinancial activities.
1.7 Fixed asset investments
Fixed asset investments are initially measured at transaction price excluding transaction costs, and are
subsequently measured at fair value at each reporhng date. Changes in fair value are recognised in net
income/lexpenditurel for the year. Transaction costs are expensed as incurred.
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand. deposits held at call with banks. other short-term liquid
investments with origin31 maturities of three months or less, and bank overdrafts. Bank overdrafts are
shown within borrowings in current liabilities.
-20-

THE ENVIRONMENT CENTRE (TEC)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
(Continued)
1.9 Financial instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments. and Section 12
'Other Financial Instruments Issues. of FRS 102 to all of its tinancial instruments.
1.10 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are
received.
Termination benefits are recognised immediately as an expense when the charity 15 demonstrably
committed to terminate the employment of an employee or to provide termination benefits.
1.11 Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
1.12 Taxation
The charity is considered to pa55 the test5 set out in Paragraph I Schedule 6 of the Finance Act 2010 and
therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the
charity is potentially exempt from taxation in respect of income or capital gains received within categories
covered by Chapter 3 Part 11 of the Corporatr"on Tax Act 2010 or Seth"on 256 of the Taxation of Chargeable
Gains Act 1992. to the extent that such income or gains are applied exclusively to charitable purposes.
1.13 Trade debtors
Trade debtors are amounts due from customers for services performed in the ordinary course of business.
trade debtors are recognised initially at the transaction price. They are subsequently measured at amorhsed
cost using the effective method. less provision for impairment. A provision for the impairment of trade
debtors is established when there is objective evidence that the charity will not be able to collect all
amounts due according to the original terms on receivables.
1.14 Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
the busine55 from 5upplier5. Accounts payable are cla55ified a5 current liabilities if the charity does not have
unconditional right, at the end of the reporting period, to defei settlement of the creditor for at least twelve
months after the reporting date, they are presented as non current liabilities.
Trade creditors are recognised initially at the transattion price and subsequently measured at amortised cost
using the effective method.
21

THE ENVIRONMENT CENTRE (TEC)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Critical accounting estimates and judgements
In the application of the charity's accounting policies. the trustees are required to make judgements,
estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent
from other sources. The estimates and a550ciated a55umption5 are based on historical experience and other
factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects C￿lY that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
The trustees have considered whether there are any critical judgements required in the preparation of these
accounts and have concluded that there are non requiring disclosure.
Income from donations and legacies
Unrestricted Restricted
funds
funds
Total Unrestricted Restricted
funds
funds
Total
2024
2024
2024
2023
2023
2023
Donations and gifts
Grants
1,000
154.623
155.623
972
10,056
11,028
11,450
11,450
1,000
154,623
155,623
12,422
10,056
22,478
Income from charitable activities
Unrestricted Restricted
funds
funds
2024
2024
Total Unrestricted Restricted
funds
funds
2023
2023
Total
2024
2023
Environmental project
activities
575,047
1.050,361
1.625.408
637,778
817,371
1.455,149
-22-

THE ENVIRONMENT CENTRE (TEC)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Income from investments
Unrestricted Unrestrirted
funds
funds
2024
2023
Interest receivable
6,413
1,713
Expenditure on charitable activities
2024
2023
Direct costs
Staff costs
Depreciation and impairment
Office expenses
Light and heat
Travel and subsistence
664,704
5,384
34,635
3,349
3,373
25,734
14,293
872,875
600
513,898
2,009
19,611
2,406
3,696
22,002
28,771
728,632
485
Repairs and maintenance lincluding rent and rates}
Advertising
Books. periodicals and project materials
Bank charges
Irrecoverable VAT
Bad debt5
4,059
3,085
2,365
1,629,006
1,326,960
Share of support and governance costs (see note 7)
Support
7,025
5,047
1.636,031
1.332,007
Analysis by fund
Unrestricted funds
Restricted funds
385,631
1,250,400
533,826
798,181
1.636,031
1.332,007
-23-

THE ENVIRONMENT CENTRE (TEC)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Support costs allocated to activities
Total
2024
Total
2023
Consultancy
Other accounting fees
Auditors remuneration
2,249
236
61
4.776
4,750
7.025
5,047
Net movement in funds
2024
2023
The net movement in funds is Stated after charging/{creditingl'.
Depreciation of owned tangible fixed assets
5.384
2,009
Trustees
None of the trustees lor any persons connected with them) received any remuneration or benefits from the
charity during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
10 Employees
The average monthly number of employees during the year was..
2024
Number
2023
Number
26
21
Employment costs
2024
2023
Wages and salaries
Social security costs
Other pension costs
600,834
46,388
17,482
464,913
35,555
13,430
664,704
513,898
-24-

THE ENVIRONMENT CENTRE (TEC)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
10 Employees
(Continued)
No employee received emoluments of more than £60,LK)O during the year. The total employee benefits of
the key management personnel of the charity were £110,005 {2023 - £102.9541.
There were no employees whose annual remuneration was more than £60,000.
11 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
12 Tangible fixed assets
Fixtures and
Com￿rterS Motor ¥ehicle5
Totsl
Cost
At l April 2023
Additions
15.743
74,919
1.356
90,662
26,238
24,882
At 31 March 2024
15.743
76.275
24,882
116,900
Depreciation and impairment
At l April 2023
Depreciation charged in the year
15,743
63,689
4,299
79,432
5,384
1,085
At 31 March 2024
15.743
67.988
1,085
84,816
Carrying amount
At 31 March 2024
8.287
23,797
32,084
At 31 March 2023
11,230
11,230
-25-

THE ENVIRONMENT CENTRE (TEC)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
13 Fixed asset investments
Add
investments I
C05t or valuation
At l April 2023 & 31 March 2024
Carrying amount
At 31 March 2024
At 31 March 2023
14 Debtors
2024
2023
Amounts falling due within one year:
Trade debtors
Other debtors
Prepayments and accrued income
64.703
176.843
10.565
41,586
258,052
7,180
252.111
306,818
15 Creditors: amounts falling due within one year
2024
2023
Other taxation and social security
Trade creditors
Accruals and deferred income
40.326
33.364
7.024
31,789
15,451
11,404
80,714
58,644
16 Government grants
Government grants and support are recognised under the accruals basis and recognised in the period to
which the income relates.
-26-

THE ENVIRONMENT CENTRE (TEC)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
17 Retirement benefit schemes
2024
2023
Defined contribution schemes
Charge to prolit or loss in respect of delined contribution Schemes
17.482
13,430
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the
scheme are held separately from those of the charity in an independently administered fund.
18 Restricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust
subject to specilic conditions by donors as to how they may be used.
At l April 2023
Incoming
sources
Resources
expended
Transfers At 31 March
2024
Hitting the Cold Spots- HH52
Southampton City Council
Innovation and Enforcement
Grant
Carbon Offset Fund
Covid Winter Fund
Francis Winham Foundation
43,713
2,606
29.500
168.729
173,2131
{168,7581
2,577
2,508
2,856
2,592
12,5051
190,3071
90,307
2,856
2,592
12,230
22,401
154.623
458.194
{142,3931
{452,4311
119,4261
HCC- C4C Grant
16,638
19.426
HSF3 Capital
Hampshire Energy Advice
Service
3,923
203.632
99,999
{201,5811
199,7861
5,974
213
HSF4- SCC
94,262
1,204,984
11,250,400)
48,846
-27-

THE ENVIRONMENT CENTRE (TEC)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
18 Restricted fund5
(Continued)
Previous year:
At l April 2022
Incoming
sources
Resources
expended
Transfers At 31 March
2023
1,596,362
126,0581
1,596,362
43,713
Hitling the Cold Spots- HHS2
Clean Air Network
Resilient Community fund
Southampton City Council
Innovation and Enforcement
Grant
Innovation and Enforcement
Grant
Covid Winter Fund
Switched on Portsmouth
Francis Winham Foundation
HCC- C4C Grant
HSF3 Capital
Hampshire Energy Advice
Service
Public Health
40,271
90
29,500
1901
187
7,567
17,7541
{147,3281
149.933
2,606
10.173
{7,6651
2,508
130.660
{127,8041
2,856
2,592
2,592
14,1181
110,0561
{383,3621
121,2741
4,118
10,056
400.000
40.700
16,638
19,426
66.578
162,6551
11071
3,923
107
60.694
827.427
{798,1811
4,322
94,262
-28-

THE ENVIRONMENT CENTRE (TEC)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
18 Restricted fund5
(Continued)
The specitic purposes for which the funds are to be applied are as follows:
Hitting the Cold Spots (HHS2IRDF/WCC)
Ringfence funding for energy efficiency improvements.
particularly boiler repairs and replacements. on behalf of Hampshire County Council.
Big Energy Saving Network (BESN) - Providing advice to vulnerable consumers on energy issues and training
frontline workers to enable them to provide advice on energy issues to their clients.
Clean Air Network {CANI Co-facilitation of the Southampton Clean Air Network which brings together
individuals and organisations committed to reducing air pollution in the city, so that they can support and
share resources with each other. and encourage and inspire others to take action.
Resilient Community Fund ISSEN) - A 2 year project designed to reach out to multiple Vulnerab￿ and
disadvantaged communities in Hampshire, who might not otherwise be able to access help and advice. tEC
support5 household5 in these communities With faC￿t0-faCe energy advice at outreach event5 or through
referrals from engaged services. By reaching out to these communitie5 we aim to reduce their risk of fuel
poverty and support them with staying warm and well in their homes.
Southampton City Council (SCC) - Heating and installation at various addresses on behalf of Southampton
City Council.
Innovation and Enforcement Grant- To raise property standards by ensuring that all properties being rented
out not only meet the Minimum Energy Efficiency Standards IMEESI but are free from any category one and
two hazards a5 defined by housing health and safety rating system IHHSRS). with a particular focus on
heating and insulation ofthe property.
Covid Winter Fund - Delivery of utility voucher sUPPOrt on behalf of Portsmouth City Council (Covid Winter
Fundl.
HSF4-SCC- The Household Support Fund vulnerable households- particularly those with older people and/
or disabled/chronically unwell occupants. The grant covered staff costs as well as grant increased Ixjr
capacity/enabled us to provide energy and keep warm advice and support, targeted towards practical ￿eMs1
measures to help households keep warm or reduce energy and water costs
-29-

THE ENVIRONMENT CENTRE (TEC)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
18 Restricted fund5
(Continued)
Carbon Offset Fund- All major developments in Southampton should (as far is a reasonably practicable)
comply with the cities ambition for new builds to be Zero Carbon. The primary aim of the Carbon Off*t
Scheme is to achieve significant carbon reductions on site and to get as close to zero carbon as possible.
Once all efforts have been made to achieve this Standard any additional calculated carbon emissions will be
offset by paying into a carbon offset fund. Offset payments are then collected from developers at an agreed
rate using the Section 106 mechanism and ring fenced for carbon reduction/fuel poverty interventions for
low income or vulnerable households. tEC administers this fund on behalf of Southampton City Council and
is paid a management fee for doing so.
Switched on Portsmouth ISOPI - A two year project designed to reach out to vulnerable and disadvantaged
communities in Portsmouth to reduce their risk of fuel poverty and support them to stay warm and well in
their home. It will complement, and extend the reach of existing activities through a single point of contact
for affordable warmth advice and support in the city-
Francis Winharn Foundation A charitable trust that we apply to. on behalf of older resident5 for heating/
energy efficiency works.
Hampshire Energy Athiice Service - Hampshire Energy Advice Service (H EASI support vulnerable households
across Hampshire who are struggling to keep warm and well. The project aims to increase the provisicn of
affordable warmth advice across the region to meet the significant increase in demand as a result of the
energy crisis. Through our proposed activities we will directly support 3,800 households over the plM)ne, via
email, with face-to-face energy advice at events & on&to-one appointments. It will enhance collaboration
between partners, maximize efficiency and build capacity to tsckle fuel poverty across Hampshire. In
addition we will provide practical support through distributing energy saving packs to those most in need.
HCC C4c Grant The Hampshire County Council Connect for Communities grant was to provide practical
support for low income and vulnerable households.
HSF3 - Capital - The grant was awarded for project work relating to Household Support Fund 3 Ilst October
2022 - 31st March 20231, energy and keep warm support targeted towards vulnerable households
particularly those with older people andlor disabled occupants. The grant was used to provide practical
items/measures to households and for TEC staff costs directly related to the purchasing and distribution of
items, and the administration and reporting requirements of this funding.
-30-

THE ENVIRONMENT CENTRE (TEC)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
19 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are
not subjert to specilic conditions by donors and grantors as to how they may be used. These include
designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
At l April 2023
Incoming
sources
Resources
expended
Transfers At 31 March
2024
Designated
General funds
30,000
357,299
130,0001
{355,6311
30.000
{30,0001
30,000
554,128
582.460
387,299
582,460
{385,6311
584,128
Previous year:
At l April 2022
Incoming
resources
Resources
expended
Transfers At 31 March
2023
Designated
General funds
30,000
243.534
30,000
357,299
651.913
{533,8261
14,3221
273,534
651,913
{533,8261
14,3221
387,299
The designated fund represents amounts designated by the Board in respect of a potentr.al office M￿e,
dilapidations. IT and offi'ce equipment, staff training and development, match funding and upkeep of the
company vehicle.
There is no specific date of expected expenditure for the designated fund.
20 Analysis of net assets between funds
Unrestricted
funds
Restricted
funds
Total
2024
2024
2024
At 31 March 2024:
Tangible assets
Investments
Current assets/lliabilitiesl
32.084
32,084
552,043
48.846
600,889
584,128
48,846
632,974
31

THE ENVIRONMENT CENTRE (TEC)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
20 Analysis of net assets between funds
(Continued)
Unrestricted
funds
2023
Restrirted
funds
2023
Total
2023
At 31 March 2023:
Tangible assets
Investments
Current a55ets/lliabilitiesl
7.956
3.274
11,230
379,342
90.988
470,330
387,299
94,262
481,561
21 Operating lease commitments
Lessee
At the reporting end date the charity had outstanding commitments for future minimum lease payments
under non-cancellable operating leases. as follows..
2024
2023
Within one year
Between two and five years
14,809
6,100
13,974
18,147
20.909
32,121
22 Related party transartions
There were no related party transactions dvring the current or prior year.
23 Charity status
The Charity is a Charity limited by guarantee and consequently does not have share capital. Each of the
trustees is liable to contribute an arnount not exceeding £1 toward5 the assets of the Charity in the event of
liquidation.
-32-

THE ENVIRONMENT CENTRE (TEC)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
24 Cash generated from operations
2024
2023
Surplus for the year
151.413
147,333
Adjustments for-
Investment income recognised in statement of financial activities
Depreciation and impairment of tangible lixed assets
16,4131
5,384
11,7131
2,009
Movements in working capital..
Decrease/lincreasel in debtors
Increase in creditors
54.707
22.070
1154,3491
24,671
Cash generated from operations
227.161
17,951
-33-