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2023-03-31-accounts

The Environment Centre Ltd

(a company limited by guarantee)

Trustees’ report and financial statements for the year ended 31 March 2023

Charity number: 1039378 Company number: 2929729

1

Contents Page
Trustees’ report 3 - 7
Independent examiner's report 8
Statement of financial activities 9
Statement of Financial position 10
Notes to the accounts 11 - 15

2

The Environment Centre Ltd

Trustees ’ Report for the year ended 31 March 2023

The Trustees, who are also Directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2023. The Trustees have adopted the provisions of 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 (FRS 102) (effective 1 January 2019). Since the company is small under s383 Ca 2006, a strategic report is not required.

Objectives and activities

The company is established as a company limited by guarantee under its Memorandum and Articles of Association dated May 1994.

The company’s charitable aim as set out in its Memorandum of Association is the advancement of education through environmental conservation, protection and restoration for the benefit of the public by the provision of training and information services and the encouragement of participation and volunteering in practical environmental projects. The Trustees have agreed to three working aims:

The Environment Centre Ltd seeks to achieve its aims through three main areas of activity:

Organisational structure

The Environment Centre Ltd is managed by a Board of Trustees. Board meetings are arranged on a bi-monthly basis. Subgroups are organised to meet between Board meetings to discuss and progress finance, property and staffing issues, as well as the education and information delivery and outreach issues. These subgroups are made up of trustees and staff and report back to the board.

The Centre Manager is responsible for the day to day running of the Centre and provides a detailed activity report to the Board at the Board meetings. The Finance and Resources Manager prepares a comprehensive financial report for these meetings.

The Environment Centre Ltd is fully independent but works closely with many other organisations and is a member of several forums, partnerships and networks. The most notable of these are Swansea Environmental Forum (SEF) and Swansea Council for Voluntary Service (SCVS).

Achievements and developments

Following the end of the Coronavirus pandemic, the Centre was able to carry on with their work and activities back up to the levels before the pandemic. The shop sales continued on a steady basis but sales were lower than the previous year due to changing shopping habits and the cost of living crisis. The hire of the meeting spaces increased considerably as we welcomed back organisations to the Centre after the pandemic. We had a successful year, with the start of several new projects which resulted in employing more staff and a return to being able to continue all activities, events and networking to the level they were pre-Covid.

Environment Centre Ltd staff over the year consisted of Rhian Corcoran as Centre Manager; Siân Jenkins as Finance and Resources Manager; Clare Bennett as Shop Coordinator; Mo Green as Cleaner/Caretaker; Bryony Hipkin as Promotions Officer (on maternity until June 2022; left February 2023); Chris Day as Beyond Recycling Project Officer; Sofie O’Shea as Volunteer Co-ordinator; Matt White as Fundraising Co-ordinator/Projects Assistant; Bradley Ewers as Energy Awareness Officer; Anna Williams as Penderi Project Officer (left July 2022); Lydia Grant as Penderi Project Assistant (left April 2022); Sophie Jones as Penderi Project Assistant (left November 2022); Samantha Hedges as Penderi Project Assistant (left November 2022) and Asha Miles-Webster as Data Administrator (left August 2022) . The Centre also had three self-employees working on projects during the year – Anna Williams as Cyfoeth y Coed Project Manager; Alison Broady as Urban Gardener and Mary Duckett as Bwyd Abertawe Project Coordinator (since September 2022). Stuart Cairns continued to volunteer his services as Treasurer but left in September 2022; a new Treasurer, Andrew Devonald was appointed in January 2023. The Board would like to acknowledge the tremendous contribution made by trustees, staff and volunteers over what has been another challenging year.

3

The Environment Centre Ltd

Trustees ’ Report for the year ended 31 March 2023

The Centre continued to serve as a hub for the community and environmental movements through increasing our social media activity, sharing general awareness and positive environmental news articles. The website was continuously updated to ensure it was fit for purpose in actively engaging with the public, sharing information and opportunities, and receiving feedback. Our social media following continued to grow as a result of the increased social media activity.

The Centre continued to provide a range of support services for other organisations and acting as the first point of contact for organisations and members of the public seeking answers to questions relating to issues such as recycling and waste, biodiversity, energy, pollution and environmental volunteering. The recorded footfall total for 2022/23 for people visiting the Centre was over 7,000 (considerably more than previous year figures with positive engagement and support through our Green Shop). These figures relate primarily to those visiting the Centre shop or making enquiries in person at the reception desk – the numbers would be significantly higher if all those attending meetings and events, those visiting other organisations based in the Centre were included. Phone, email and in particular social media enquiries are also substantial.

Our Green Shop sales were slightly lower than last year which has been put down to a change in the way people are now shopping as well as the cost of living crisis. New lines are continually being added, and customer requests are met, where possible. Feedback from customers is primarily positive which is greatly appreciated and received. It is estimated that during the year, the Green Shop helped customers prevent over 3,400 litres of plastic bottles from going to landfill by using the refill stations, showing another increase from the previous year.

The annual Green Fair was held at the National Waterfront Museum in November and we were able to increase the capacity following the end of social distancing requirements. The event attracted over 3,100 visitors which was around 80% more than the previous year. 57 different organisations had stalls over the two days which included local environmental groups, local producers, upcycled crafts, local woodcraft and more – it still remains our biggest community awareness raising event and an important fundraiser for the Centre.

Organisations were able to utilise desk and office space at the Centre - our building users during the year were: Change Grow Live; NIA Architects; VocalEyes; Renew Mind Centre; Women4Resources; Swansea Environmental Forum; Family Foundation and War Memorials Trust. Organisations are also able to use the Centre as their correspondence address – those taking up this service this year were Bikeability; Congolese Development Project; More Green; SCEES, Gambling Guardian, Women in Sustainability and Stepping in 4 You. The Centre was also able to offer a hotdesking facility in partnership with Cowork Local.

The facilities at the Centre continued to be a great resource for other environmental groups and the community of Swansea. Our low-cost meeting space for the community with a range of equipment free to use is invaluable especially for small volunteer-led groups and other community groups needing space to meet or to host their project and public meetings. Organisations large and small, including local groups, businesses and government departments use the Centre and the meeting room spaces as a base for their activities. This year, over 50 different groups or organisations used these facilities which was a 100% increase on last year. In February and March 2023, the Centre was chosen as a location for filming some scenes for upcoming ITV drama ‘Delia Balmer’ – we look forward to seeing the Centre on screen in Autumn 2023.

In October 2022, the Centre was honoured to receive the gift of a tree which had been part of the late Queen’s ‘Tree of Trees’ celebrating her platinum Jubilee celebrations. The awarding of the Tree is testimony of the Environment Centre’s contribution to the environment and communities in Swansea for the past 25 years. The Centre took part in the Woodland Trust’s ‘Free Trees for all’ scheme in November/December 2022 and again in February and March 2023. The scheme involved the Centre being a hub to give away free trees to every household and a donation for taking part was received.

The Centre continued to raise funds from donation boxes, private and organisational donations, as well as through our website and fundraising platforms including LocalGiving and Easyfundraising. Throughout the year donations were received from Terracycle, The Ink Bin, Home Sense, Sero and some personal donations. The Centre took part in the Big Give Easter Campaign where over £4,600 was raised through online donations and in December 2022, the Big Give Christmas Challenge raised £4,200 from a combination of pledges, donations and a ‘silent’ auction – with Big Give matching a proportion of the funds. The family of the late Bob Cotterill, a former Trustee, held a Book Sale at the Centre at the end of October 2022 and the family kindly donated all the takings to the Centre – we thank them for their generous support.

4

The Environment Centre Ltd

Trustees ’ Report for the year ended 31 March 2023

We continued to offer a Membership scheme and plan to increase the membership and develop the benefits of becoming a member next year.

The Centre continues to receive funding from Swansea Council – this year the funding comes as part of a Framework Agreement of environmental providers to help support the delivery of net zero Swansea by 2050. The aim of the framework is to provide additional delivery support, working on specific projects for the Climate Change and Nature team. During the last six months of the year, the Centre received funding for 6 different projects which included Community Mapping, Community Projects, Sustainable Foods and Agriculture, Environmental Events listings, Food production and supply and a Design, Differently project. Some of the work was delivered in partnership with Swansea Environmental Forum (SEF).

In partnership with Swansea Council, the Centre received funding to build additional planters on Pier Street, with planters around the front door and the shop entrance this time.

The Energy Awareness Hub at Nelson Street, Swansea was open until the end of April 2022. Following further funding from Swansea Council, Austin Bailey and Oakdale Trust the hub continued as a mobile service from May until September. The hub continued to offer independent, unbiased, free support and information to all on how to improve their energy efficiency, switch energy providers and provide access to fuel payment support for those on welfare rights. In October, the Centre secured further funding from Swansea Council and National Grid for the provision of the Switched On - Energy Awareness Hub in High Street, Swansea.

The Beyond Recycling Swansea (BRS) project continued for its third year with the funding from the Postcode Community Trust to help develop the circular economy and encourage reuse and repair in Wales and beyond. Activity delivered included providing 40 hours of litter picking volunteer opportunities through fortnightly litter picks around the Marina area of Swansea, in Townhill and Mayhill and in the Penderi area. Litter picks also took place partnered with diverse community groups such as, Chinese in Wales Association, GROW, Active Woods, Coed Lleol Swansea and groups associated with Swansea Council green recovery. The Centre held 11 Repair Cafes as well as pop-up Repair Cafés at Swansea Community Farm and at the Switched On Energy Awareness Hub welcoming over 300 visitors supported by approximately 400 volunteer hours. The recycling point continued to be popular, both in terms of items recycled and bringing people into the centre - in June we delivered 260kg of CDs and DVDs for recycling to Smile Plastics. BRS also supported Swansea Underground Network Baby Bank in setting up a free baby bank; provided 22 hours of Bike Repair Sessions upskilling 37 attendees; partnered with Volcano Theatre for Great Big Green Week; ran workshops focusing on reusing and making items from waste material from the Switched On Hub; birdhouse-making workshop at Volcano Theatre; teamed up with Keep Wales Tidy to provide litter pick leader training to 3 volunteers who can now lead litter picks.

The Centre hosted a Warm Hub on Wednesdays from January to March 2023, funded by Swansea Council as part of the Swansea Spaces (Warm Hubs) Fund. The Centre welcomed 76 visitors who received free hot drinks, toast, fruit and snacks in a welcoming and friendly atmosphere during the cold winter months. Visitors to the Warm hub were also able to access workshops including bird box making, bat box making, cork board making and belt tyre making.

The Centre received further funding from D’Oyly Carte Charitable Trust for an Urban Gardener position for a further year from January 2023 onwards. This fund helps towards hosting a garden volunteer group and the continuous improvements to the garden.

The Centre also delivered community engagement and skill development sessions for the Penderi Green Regeneration project in partnership with Pobl Group which was funded from the Community Regional Fund. The project ran from February until November 2022 and employed four new staff members as well as utilising existing staff. We engaged 128 residents via conversations around their local environment and the development of green spaces, and over 300 adults and 200 children via nature based sessions and green infrastructure training,

The Centre also delivered ‘Our Climate Action’ project in partnership with Race Council Cymru, funded from the National Community Fund. This project commenced in July 2022, and facilitated 17 environmentally themed activities including woodland walks and tree planting, forest schools sessions and participation on a Swansea Combatting Climate Change panel discussion. 204 adults and 65 children benefited from the project.

The Centre also received funding from Garfield Weston towards core costs; from the Moondance Foundation for staff to carry out development work on the Centre’s governance; from Hywel Dda Health Board to carry out waste audits and from Welsh Water and WWF for activities during ‘Earth Hour’ in March 2023.

5

The Environment Centre Ltd

Trustees ’ Report for the year ended 31 March 2023

The Centre hosted Cyfoeth y Coed for its second year which was funded by the Direct Food Support Fund and the National Lottery. The project harvests surplus apples, and other tree fruit, and donates them to FareShare Cymru who distribute them to local food sharing groups like food banks, Matt's Cafe and the Community Fridge. Working with volunteers, CYC diverts fruit that has previously been discarded as garden waste to create a new, low carbon food source for Swansea. The project also received funding from Swansea Council and Ty Croeso to extend to pruning and juicing activities.

The Centre also hosted the Bwyd Abertawe project from September 2022 which was funded by the SPF (Shared Prosperity Fund) Development Grants. Bwyd Abertawe is a network of food system stakeholders within the City and County of Swansea which includes everyone who is interested in sustainable food for Swansea. In January 2023, Bwyd Abertawe received funding for a further year from Swansea Council for the delivery of the sustainable food partnerships grant.

The Centre continued to act as a host for a Renew Wales co-ordinator post and received administrative fees for the service – this project ended in September 2022. The Centre also partnered with Inspire Training to fund the Data Assistant post until end of August through a Kickstart placement for 16-24 year olds on Universal Credit.

The Centre continued to support volunteers, and during the year took on 12 new volunteers. The volunteer team now consists of 48 volunteers, several of whom are also staff and trustees. There were also more than 33 drop-in volunteers join during the year for litter picking and gardening volunteer roles. The Environment Centre was awarded the Investor in Volunteers award in December 2022. We received lots of positive feedback from volunteers and the assessors – “the Environment Centre makes everyone welcome, we are all individuals but you quickly feel part of a team, we are like a big family who can make friends from different backgrounds”.

As always, we value the commitment, enthusiasm and support our volunteers have given the Centre. Over the year, volunteers continued to donate in excess of 3,200 hours of their time to help the Centre achieve its aims. This year in particular, our group of volunteers helped us to manage our Green Shop, help with administrative tasks and undertake a wide range of clearance, maintenance and improvement tasks on our building and the garden. We thank every one of them.

Risk Management and Public Benefit

The trustees continue to undertake an assessment of risks to which the Centre is exposed and are establishing systems to mitigate those risks. This process involves identifying the types of risks to which the Centre is exposed, prioritising risks in terms of their potential impact on the Centre’s activities and identifying ways in which the risks might be managed. The trustees recognise that risk assessment is an ongoing process, and the process will be reviewed and the quality of the assessment enhanced on a regular basis.

The trustees have paid due regard to the Charity Commission guidance on public benefit and believe that our activities continue to meet the public benefit requirement.

Reserves and review of financial position

The trustees’ policy is to maintain reserves above that represented by fixed assets to meet its ongoing obligations and contingencies. The Centre’s total unrestricted fund reserves at 31 March 2023 amounted to £51,746, of which £48,615 is held as net current assets. There was an increase in reserves of £14,606 compared with a decrease of £17,359 the previous financial year. In terms of net current assets there was a increase of £15,424 compared with a decrease of £17,806 the previous year.

Trustees

Trustees are elected on the basis of their ability to contribute in an individual capacity. Prior to each AGM, the Board will scrutinise all nominations made on an individual basis so as to ensure that the individuals concerned have the capacity to make an adequate contribution to the work of the Centre.

----- Start of picture text -----
-
The Board may then co opt up to three additional trustees. The following trustees held office during the year:
SP Bolchover (Chair Person) P Jones (Vice Chair Person)
BR Pawson RM Owen
----- End of picture text -----

SP Bolchover(Chair Person) PJones(ViceChair Person)
BR Pawson RMOwen
DJHill NIsherwood
AD Kreppel R Milgate(retired November 2022)
HarryRichmond L Lucas
A Devonald (elected January2023) CarrieTownsend Jones (elected November 2022)
G Williams(retired November 2022)

6

The Environment Centre Ltd

Trustees ’ Report for the year ended 31 March 2023

Trustees Responsibility Statement

The Trustees (who are also the Directors of the company for the purposes of Company law) are responsible for preparing the Trustees annual report in accordance with applicable laws and regulations. The financial statements for each financial year should give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing those financial statements, the Trustees should follow best practice and

The Trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 1985. The Trustees are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities

Other reference and administrative information

Registered office Pier Street Swansea SA1 1RY Independent examiner Martin Waterworth Martin Waterworth Limited Bronwylfa Llangunnor Road Carmarthen SA31 2PB Charity number 1039378 Company number 2929729

Approved by order of the Board of Trustees and signed on its behalf by:

The company has taken advantage of the small companies exemption in preparing the above report. The Trustees declare that they have approved the Trustees report (including the Directors report)

SE Jenkins Pier Street Company Secretary Swansea 27 November 2023 SA 1 1RY

7

Independent examiner's report to the Trustees of The Environment Centre Ltd

Independent examiner’s report to the trustees of The Environment Centre Ltd (“the Company”)

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2023.

Responsibilities and basis of report

As the charity's trustees of the Company (who are also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

I have no concerns and have come across no matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Martin Waterworth FCA Martin Waterworth Limited Chartered Accountant 27 November 2023

Bronwylfa Llangunnor Road Carmarthen SA31 2PB

8

The Environment Centre Ltd

Statement of financial activities

for the year ended 31 March 2023

Note
Income and endowments from:
Donations and member subscriptions
2
Trading and other activities
3
Other income - Furlough
Charitable activities
4
Total income
Expenditure on:
Raising funds/ trading activities
5
Charitable activities–direct
6
Charitable activities–support costs
7
Charitable activities - governance costs
8
Total expenditure
Net income/ (expenditure) for the
year
Total funds brought forward
Transfer between funds
Total funds carried forward		 Unrestricted
funds
Restricted
funds
2023
Total
2022
Total
£
£
£
£
5,559
-
5,559
7,997
48,659
-
48,659
55,196
-
-
-
1,230
113,280
162,715
275,995
158,864
167,498
162,715
330,213
223,287
54,838
-
54,838
46,002
11,193
162,715
173,908
127,023
84,561
-
84,561
65,521
2,300
-
2,300
2,100
152,892
162,715
315,607
240,646
14,606
-
14,606
(17,359)
37,140
-
37,140
54,499
-
-
-
-
51,746
-
51,746
37,140

9

The Environment Centre Ltd

Company number: 2929729 in England and Wales (a company limited by guarantee)

Statement of Financial Position at 31 March 2023

Fixed assets
Note
Tangible assets
10
Current assets
Stock
Debtors
11
Cash at bank
Creditors: amounts falling due
within one year
12
Net current assets
Total assets less current liabilities
Accruals and deferred income
13
Net assets
Funds
Unrestricted funds
Restricted funds
14
Total funds
15		 £
7,840
5,475
171,114
184,429
(135,814)		 2023
£
27,583
48,615
76,198
(24,452)
51,746
51,746
-
51,746		 £
2022
£
32,443
8,665
40,507
42,574
91,746
(58,553)
33,193
65,636
(28,496)
37,140
37,140
-
37,140

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies ’ regime.

The financial statements were approved by the Board of Trustees on 27 November 2023 and were signed on its behalf by:

SP Bolchover - Trustee (Chairman)

10

The Environment Centre Ltd

Notes to the financial statements for the year ended 31 March 2023

1 Accounting policies

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102 “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 (FRS 102) (effective 1 January 2019)”, Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Company status

The Environment Centre Ltd is a company limited by guarantee in England and Wales. In the event of the winding up of the company every member is liable to contribute to the debts and liabilities of the company such amounts as may be required, but not exceeding £10 each.

Going Concern

The Trustees regularly monitor the financial position of the Charity. Cashflow is reviewed on an ongoing basis. Based on their ongoing review the Trustees consider it appropriate to continue to prepare the accounts on a going concern basis.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for restricted purposes.

Grants, Project, and other income

All grants, project and other income are recognised in the Statement of Financial Activities once the charity has entitlement to the funds, and it is probable that the income will be received, and the amounts can be measured reliably.

Where grants have been used to purchase capital assets, this is treated as a deferred grant and is shown under accruals and deferred income. This is released annually to income at a rate equivalent to the depreciation charge for the asset.

Project income receivable on a contract basis (and restricted in nature) is treated as deferred income where the expenditure on that project has not been fully expended by the end of the accounting period.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to headings, they have been allocated to activities on a basis consistent with the use of resources.

Stock

Stock has been included at cost, less any adjustment where the realisable value is lower than cost. This relates to stock held in the shop & cafe, based on sales value less average mark-up on cost.

Fixed assets and depreciation

Items of furniture and equipment for the Centre’s own use with individual values of less than £100 are written off as incurred. Other such items are capitalised and depreciated on a straight-line basis over their useful economic lives as follows:

Furniture & fittings 5-10 years Equipment 10 years Computer equipment 3 years

12

The Environment Centre Ltd

Notes to the financial statements for the year ended 31 March 2023

2 Income – donations/ membership

3
4		 Unrestricted
funds
Restricted
funds
£
£
General donations
5,114
-
Membership subscriptions
445
-
5,559
Income - other trading activities
Unrestricted
Restricted
funds
£
funds
£
Green Fayre
3,055
-
Fundraising events
4,973
-
Shop and café sales
40,631
-
48,659
Income from charitable activities
Grants, project & other income
Unrestricted
Restricted
funds
funds
£
£
CC Swansea: Swansea Council Contract
17,970
11,817
Renew Wales
818
2,082
Beyond Recycling
264
-
Bike Repair Project - CC Swansea
-
430
Swansea Warm Spaces
708
1,368
Green Wall Project
-
314
SCVS Youth Project
-
-
WCVA Resilience Funds
-
2,458
Beyond Recycling 2
-
10,991
Sweet Pickings
759
15,460
Urban Garden Project
1,005
2,253
Pears Foundation
-
-
Energy Centre Project
21,780
37,057
Penderi Project
8,703
50,162
Green Pier Street
699
5,460
Moondance
104
3,139
Our Climate Action
2,187
4,958
Bwyd Abertawe 1
949
7,879
Bwyd Abertawe 2
5,200
2,137
Earth Hour Project
443
706
Kickstart
6,068
-
Release of capital grants
-
4,044
Zoom Project income
-
-
Unrestricted funds to be used to repay loan
-
-
Garfield Weston–Core Funding Bid
15,000
-
Project income–hotdesking
5,000
-
Project income–Hywel Dda
3,375
-
Administration services
1,754
-
Hire of office/ rooms
20,494
-
Totals
113,280
162,715		 2023
Total
£
5,114
445
5,559
2023
Total
£
3,055
4,973
40,631
48,659
2023
Total
£
29,787
2,900
264
430
2,076
314
-
2,458
10,991
16,219
3,258
-
58,837
58,865
6,159
3,243
7,145
8,828
7,337
1,149
6,068
4,044
-
-
15,000
5,000
3,375
1,754
20,494
275,995		 2022
Total
£
7,458
539
7,997
2022
Total
£
2,310
8,389
44,497
55,196
2022
Total
£
25,000
6,380
19,300
2,966
-
-
555
23,763
6,813
7,445
1,510
2,000
17,154
17,151
9,457
-
-
-
-
-
7,385
2,727
1,200
-8,318
-
-
-
1,001
15,375
158,864

12

The Environment Centre Ltd

Notes to the financial statements for the year ended 31 March 2023

5
6
7
8		 Expenditure on raising funds/ trading
activities
Green Fayre costs
BIG Give activities
Fundraising co-ordinator
Promotional costs
Shop assistant
Costs of shop and café sales
Expenditure - charitable activities direct
CC Swansea: Swansea Council Contract
Renew Wales
Beyond Recycling
Bike Repair Project - CC Swansea
Swansea Warm Spaces
Green Wall Project
SCVS Youth Project
WCVA Resilience Funds
Beyond Recycling 2
Sweet Pickings
Urban Garden Project
Pears Foundation
Energy Centre Project
Penderi Project
Green Pier Street
Moondance
Our Climate Action
Bwyd Abertawe 1
Bwyd Abertawe 2
Earth Hour Project
Depreciation on capital grant assets
Hotdesking & other projects
Data admin assistant
Zoom Project		 2023
2022
Unrestricted
Restricted
Total
Total
funds
£
funds
£
£
£
637
-
637
471
5,809
-
5,809
-
7,257
-
7,257
-
708
-
708
737
10,398
-
10,398
9,711
30,029
-
30,029
35,083
54,838
54,838
46,002
2023
2022
Unrestricted
Restricted
Total
Total
funds
£
funds
£
£
£
11,817
11,817
25,000
2,082
2,082
4,400
-
-
13,991
430
430
2,966
1,368
1,368
-
314
314
-
-
-
555
2,458
2,458
21,888
10,991
10,991
6,813
15,460
15,460
6,935
2,253
2,253
1,194
-
-
1,296
37,057
37,057
15,154
50,162
50,162
14,452
5,460
5,460
8,942
3,139
3,139
-
4,958
4,958
-
7,879
7,879
-
2,137
2,137
-
706
706
-
4,044
4,044
2,727
5,761
-
5,761
-
5,432
-
5,432
-
-
-
-
710
Totals 11,193
162,715
173,908
127,023
Charitable activities - support costs
Salaries & other work costs
Administration costs
Establishment costs
Charitable activities - governance costs
Independent examiner’s remuneration		 2023
2022
Unrestricted
Restricted
Total
Total
funds
£
funds
£
£
£
58,081
-
58,081
38,026
5,633
-
5,633
6,054
20,847
-
20,847
21,441
84,561
84,561
65,521
2023
2022
Unrestricted
Restricted
Total
Total
funds
£
funds
£
£
£
2,300
-
2,300
2,100
2,300
2,300
2,100

13

The Environment Centre Ltd

Notes to the financial statements for the year ended 31 March 2023

9 Employees/ trustees

The average monthly number of employees during the year was as follows:

Managers
Project Officers
Caretaker/ Admin		 2023
2022
2
2
8
5
3
3
13
10

No employee received emoluments more than £60,000. None of the trustees received any remuneration or expenses from the company.

10 Tangible fixed assets

Cost or valuation
At 31 March 2022
Additions
At 31 March 2023
Depreciation
At 31 March 2022
Charge for the year
At 31 March 2023
Net book values
At 31 March 2023
At 31 March 2022
11
Debtors
Trade debtors
Prepayments
12
Creditors: amounts falling due within one-year
Loans
Accruals & deferred income		 Furniture
Equipment
&Fitting
£
£
59,384
17,989
-
-
59,384
17,989
37,241
7,689
2,627
2,233
39,868
9,922
19,516
8,067
22,143
10,300
2023
£
4,595
880
5,475
2023

£

7,568

128,246
135,814		 Total
£
77,373
-
77,373
44,930
4,860
49,790
27,583
32,443
2022
£
39,642
865
40,507
2022
£
8,318
50,235
58,553

14

The Environment Centre Ltd

Notes to the financial statements for the year ended 31 March 2023

13
Accruals & deferred income
Deferred capital grants
14
Restricted funds
Various projects
15
Analysis of net assets between funds
Unrestricted funds
Restricted funds		 2022
£		 2023

£

24,452

24,452
Incoming
Outgoing
resources
resources
£
£
162,715
(162,715)
162,715
(162,715)		 2023

£

24,452

24,452
Incoming
Outgoing
resources
resources
£
£
162,715
(162,715)
162,715
(162,715)		 2022
£
28,496
28,496
2023
£
- -
Tangible
fixed
assets
£
3,131
24,452
27,583		 Net
Accruals
current
&Deferred
assets
income
£
£
48,615 -
-
(24,452)
48,615
(24,452)		 Total
£
51,746
-
51,746

16 Lease arrangement

On 23 January 2020 The Environment Centre Ltd entered a 35-year lease with Swansea Council. No premium was paid, but the terms are a stepped-up rent. As tenant, The Environment Centre has a break option, and can at any time terminate the lease by giving at least six months’ notice. No rent is payable for the first four years from entering the lease, after which the annual rent is £1,391 per annum for the next five years, with increments every five years up to £13,506 in the last year.

15