THE CENTRE FOR ENVIRONMENTAL INITIATIVES
Registered Charity Number 1087782, Company Number 4137305 (England and Wales}
EcoLocal is the working name of the charity
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TRUSTEES ANNUAL REPORT & AUDITED FINANCIAL
STATEMENTS
1 April 2023- 31 March 2024

THE CENTRE FOR ENVIRONMENTAL INITIATIVES
Registered Charity Number 1087782, Company Number 4137305 {England and Wales)
EcoLocal is the working name of the charity
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024
The Board of Trustees presents its report and audited financial statements for the year ended
31st March 2024.
EcoLocal is a Carshalton based charity which has a strong track record on building community and
individual assets since its original establishment as a Charitable Trust in 1987 and as a Charitable Company
since 2001. Our vision is to 'Achieve and sustain strong vibrant communities within a healthy environment,.
The objects of the Charity (the "Objects") are for the public benefit:
To promote sustainable development for the benefit of the public by-
the preservation, conservation and the protection of the environment and the prudent use of
resources., and
the promotion of sustainable means of achieving economic growth and regeneration.
To advance the education of the public particularly but not exclusively in subjects relating to
sustainable development and the protection, enhancement and rehabilitation of the environment and
to promote study and research in such subjects provided that the useful results of such study are
disseminated to the public at large. Sustainable development means'development which meets the
needs of the present without compromising the ability of future generations to meet their own needs.
To promote for the benefit of the public, the conservation, protection and improvement of the physical
and natural environment, particularly but not exclusively by promoting biological diversity.
To promote health, particularly but not exclusively by providing environmental and conservation
orientated activities in the outdoors and natural environments.
To promote for the benefit of the public of urban or rural regeneration in areas of social and economic
deprivation (and in particular the London Borough of Sutton) by all or any of the following means..
the advancement of education, training or retraining, particularly among unemployed,
underemployed and underskilled people, and providing such people with work experience.,
the provision of financial (whether direct or indirect) assistance, technical assistance or business
advice or consultancy in order to provide training and employment opportunities for unemployed,
underemployed or underskilled people in cases of financial or other charitable need through
help- (i) in setting up their own social enterprise or sustainability related business, or (li} to
existing social enterprises or sustainability related businesses.,
the creation of training and employment opportunities by the provision of workspace, buildings,
andlor land for use on favourable terms., and
the preservation of buildings or sites of historic or architectural importance or of significance for
the heritage of the area.
To develop the capacity and skills of the members of the socially and economically disadvantaged
community of the London Borough of Sutton in such a way that they are better able to identify, and
help meet, their needs and to participate more fully in society.
Vll. To further or benefit the residents of the London Borough of Sutton, without distinction of sex, sexual
orientation, race or of political, religious or other opinions by associating together the said residents
and the local authorities, voluntary and other organisations in a common effort to advance education
and to provide facilities in the interests of social welfare for recreation and leisure time occupation
with the objective of improving the conditions of life for the residents.
Vlll. In furtherance of these objects but not otherwise, the trustees shall have power to establish or secure
the establishment of a community centre and to maintain or manage or co-operate with any statutory
authority in the maintenance and management of such a centre for activities promoted by the charity
in furtherance of the above objects.

THE CENTRE FOR ENVIRONMENTAL INITIATIVES
Registered Charity Number 1087782, Company Number 4137305 {England and Wales)
EcoLocal is the working name of the charity
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024
EcoLocal serves as a hub for a wide range of community led activities, events, and projects. Our
organisation's remit is comprehensive, covering all aspects of sustainability, including environmental,
community, and economic dimensions. We work with a wide array of people and organisations including
voluntary groups, small businesses, social enterprises, individuals with mental or physical health issues,
older people, children, young people, offenders, people with disabilities, families, individuals from various
ethnic backgrounds as well as statutory organisations.
As an integral part of the community, we recognise the significant potential of local resources. Annually, we
engage with over 350 groups and organisations, reaching approximately 20,000 individuals. We facilitate
over 200 people in volunteering each year, contributing more than 14,000 hours to local projects.
Participation ranges from brief commitments, such as a two-hour shift as a steward at the Carshalton Eco-
Fair, to several days per week. We provide an environment where individuals can support projects, engage
in planning and delivering activities, and utilise their considerable experience, knowledge, skills, and
passion for positive work in the community.
In alignment with our 'Project Suitability Evaluation Process Regarding Charitable Status Policy, and the
Charity Commission's general guidance on public benefit, the following Trustees, review summarises the
achievements and key outcomes of our work over the past 12 months:
Transport and Travel
Inclusive Cycling:
These activities are designed to..
engage the whole community and help make cycling accessible to new audiences
encourage people of all abilities to take cycling up both for fun and fitness
promote cycling as an alternative means of transport
provide healthy outdoor activities that enable people to socialise, contribute to community life and avoid
isolation
encourage the involvement of volunteers and trackside supporters (peer supporters) at sessions in a
variety of roles, providing work experience for unemployed people, and enabling people from
economically disadvantaged backgrounds to gain skills.
During the year these activities were funded as follows..
Donations from users & a Gift aid donation from Ecolocal Services Limited
A small grant from the Hedley Foundation for accessible cycle purchase {awarded at the end of the
previous year)
We applied to Go-Londonl Mayor of London funding which was successful and will provide significant
funding to develop the involvement of younger people at sessions for 2024125 and 2025126.
In 2023124 we;
delivered 136 inclusive cycling sessions at David Weir Leisure Centre, with 988 unique attendees.
These are mostly people with disabilities and older people and their relativeslfriends who were able to
cycle in a safe, supportive environment, generating 6986 individual attendances. We also ran extended
sessions in the school holidays to provide inclusive family cycling opportunities.
maintained our fleet of over 60 accessible cycles and support our Projects Maintenance group which
comprises of technical I mechanically experienced volunteers working with unemployed and
economically disadvantaged people
In survey results from summer 2021,. 91 % of service users rated the opportunity to meet other people at
cycling sessions as 'good' or'very good,, 91 % said they benefited from getting more exercise and 89 % said
they valued the happiness and enjoyment they got from the sessions.

THE CENTRE FOR ENVIRONMENTAL INITIATIVES
Registered Charity Number 1087782, Company Number 4137305 (England and Wales)
EcoLocal is the working name of the charity
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024
In the next year we will..
Continue to deliver sessions 3 times per week
Seek further funding to develop the project
Develop a work experience scheme for young people with learning disabilities
Seek to work with other audiences not yet reached in particular families with children in disadvantaged
areas, and girls
Engage more young people in the project
Pilot cycle maintenance training at Ihe track side during our cycling sessions
Maintain our fleet of accessible cycles
Carry out participant feedback surveys
Interactive School Travel Experience
We renovated parts of this equipment for use at the EcoFair to promote walking and cycling to school.
Bikestreet Project
The project ended in 2023 and the remaining funds were transferred to our Inclusive Cycling project to help
cover the cost of training volunteers to maintain our fleet of cycles.
Local Food I wildlife and nature conservation
Carshalton Community Allotment
We have a long established Community Allotment in Carshalton. The site is approximately 1400m2 and is
fully cultivated. It includes raised beds accessible for both standing and wheelchair users, demonstration
crop rotation, herb gardens, herb spirals and herb wheels, a fruit area, square foot garden, English and
Kenyan key hole gardens, container garden, poly- tunnels, storage hut, a classroom and a composting
toilet.
During 2023124 we delivered 138 therapeutic gardening sessions at Carshalton Community Allotment
engaging 230 participants, generating 1,638 individual attendances. These sessions provided.,
healthy outdoor activities that benefit people's mental and physical wellbeing,. enable people to
socialise, avoid isolation and obtain exercise
opportunities for people to benefit by volunteering to take part in their community
work experience for unemployed people, and enable people from economically disadvantaged
backgrounds to gain skills
accessible gardening opportunity for people of all abilities to take part and gain skills in growing organic
food
promotion of local food production as a benefit to environmental sustainability
promotion of food growing as a means of leading a more healthy lifestyle
opportunity to grow approx. 0.4 tonnes of food. 100/0 of this was donated to the Sutton Women's Centre
food bank. The remainder was shared among session participants enabling them to take home free,
fresh produce that they have helped grow
Feedback from a survey of participants in 2023 showed that 95 % of service users rated the opportunity to
meet other people at community allotment sessions as 'good' or 'very good,. 81 % said they benefited from
getting more exercise at the sessions. 95 % said they valued the happiness and enjoyment they got from
the sessions and benefited from getting outdoors.
During the year these activities were funded as follows.
£350 from Alpkit Foundation
£500 from Wates
£13,349 of donations {derived mainly from local events)
£1,000 from our horticultural training income
In the next year we will
deliver 3 sessions per week at Carshalton Community Allotment
seek opportunities to apply for further funding to develop this work
seek funding to improve the infrastructure at the allotment
support volunteers to raise funds through sale plants propagated on allotmentlwalled garden.

THE CENTRE FOR ENVIRONMENTAL INITIATIVES
Registered Charity Number 1087782, Company Number 4137305 (England and Wales)
EcoLocal is the working name of the charity
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024
Victorian Walled Garden
The Victorian Walled Garden is situated behind the main Lodge building providing a tranquil space hidden
away behind the historic walls and buildings. The garden was neglected for many years before we took it
on as part of the The Lodge project. During 2023124 we..
ran 46 gardening sessions during which 54 volunteers contributed, including a corporate volunteer team
enabled volunteers to contribute their knowledge and skills to finish clearing the garden of many years
of weeds and rubble, start renovating walls, improve pathing, lay new lawn, create bed edging, start
building a cold frame, develop fruit and herb beds and vegetable growing areas, increase use of
greenhouse for raising plants to sell, establish potted plants
provided healthy outdoor activities that benefit people's mental and physical wellbeing,. enabling people
to socialise, avoid isolation and obtain exercise
created a space for wellbeing, volunteering, training, fundraising and biodiversity
During the year these activities were funded as follows-
£3,016 from Wild IsleslAviva crowd funding campaign
£1,000 from our horticultural training income
Small donations
In the next year we will:
Continue renovation of the walled garden, increasirlg the opportunities to use the garden for the benefit
of the community
Increase the planting in the garden to grow a range of fruit, vegetables, herbs and flowers
Continue to provide healthy outdoor activities that benefit people's mental and physical wellbeing;
enabling people to socialise, avoid isolation and obtain exercise
Seek to engage and support more volunteers
Seek opportunities to raise funds for further renovation works
Horticultural Training
In 2023124 we continued to develop our one-day and half-day gardening workshops, We delivered-
1 six-week Organic Food Growing Training course
13 one-day workshops
104 attendances which increased horticultural skills and knowledge
Supported 2 local schools to start food growing gardens in their school grounds
Planned further one-day workshops to start in 2024125. Courses helped raise funds towards our
community gardening projects.
In the next year we will develop our horticulture training opportunities further.
Energy (Warm Rooms) We continue to hold a small level of funds for this project which will be
reviewed again in the coming months.
Recycling and Waste
In all our activities we encourage reuse, repair and recycling and we
promote this message wherever possible. No specific funds were used against this heading during
the year.
Cross-cutting Environmental Sustainability
Eco-Fair
EcoLocal organises this event annually with help from over 60 volunteers. Held in the picturesqLre surrounds
of Carshalton Park, the event helps promote pro-environmental behaviours, encourages participation in
community projects and enables us to raise funds for our charitable activities locally. It is one of the
borough's largest public events with over 160 organisations participating. Around half of these are
community and voluntary sector organisations attending to communicate a variety of messages and engage
people in..

THE CENTRE FOR ENVIRONMENTAL INITIATIVES
Registered Charity Number 1087782, Company Number 4137305 {England and Wales}
EcoLocal is the working name of the charity
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024
environmental education and awareness raising
social enterprise and skills development
community wellbeing activities
opportunities to take part in shaping their local communities throughout the year
A significant number of small local craft, wellbeing and environmentally sustainable businesses also attend.
Local bands and entertainers performed on three solar powered stages. We provided a free bus service to
and from the event. The event provides a significant outlet for many of the organisations and groups
attending, both in terms of engaging with the public and for fundraising.
Our survey work indicates that the most typical visitors are people who are not averse to taking an interest
in the environment and who, when information is made available to them, respond positively to it. 71 % of
those surveyed at the fair said that they would take, or would consider taking, further actions to do their bit
for the environment as a result of attending the fair.
The 2023 event was a great success, enabling us to raise funds toward our local projects. We plan to run
the event again in August 2024.
Frost Fair
This annual event is run in partnership with Friends of Honeywood Museum who are responsible for
activities inside the museum.
The event was held in the picturesque setting surrounding Carshalton Ponds and was well attended by the
local public. It featured entertainers, choirs and musicians and 39+ organisations of which at least 6 are
community and voluntary sector and the rest are local food producers and crafts people. The event helps
promote:
sustainable shopping
social enterprise and skills development
opportunities to take part in local groups and promote the local environment and related activities and
provides over 50 volunteering opportunities
We plan to run this popular event again in December 2024.
Eco-WellbeinglEco-Tea Project ('Garden Tea,)
Our eco-wellbeing project helps people with mild mental health conditions and l or older people to reduce
social isolation and loneliness and improve mental health and wellbeing. The project comprises a weekly
'Garden Tea, party meet up at The Lodge combined with a range of ecotherapy activities, and the promotion
of existing healthy outdoor activities to target audiences.
In 2023124 we delivered..
46 'Garden Tea, eco-wellbeing sessions at The Lodge attended by 55 unique attendees.
Activities included,. nature walks, art therapy, meditation, tai chi, drumming, aromatherapy, sound
appreciation, chair based yoga, plant propagation, various nature based crafts and more
Feedback from Garden Tea attendees showed that 95% rated the sessions as goodlvery good
opportunity to meet others, 90 % enjoyed the activities and 100Q/o rated them as goodlvery good at
improving their mental wellbeing. Typical comments included. Really enjoyed today's activity. Very
relaxing + positive feeling.
"I felt refreshed afte￿ards,
'1 felt relaxed and invigorated. It helps
concentration and co-ordination.
The project was funded as follows..
£10,000 from donations at events
£2,408 donations from participants attending sessions
£5,000 from Our Wild IsleslAviva crowd funding campaign.
The project will continue next year in the same successful format.

THE CENTRE FOR ENVIRONMENTAL INITIATIVES
Registered Charity Number 1087782, Company Number 4137305 (England and Wales)
EcoLocal is the working name of the charity
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024
Development of The Lodge Community Facilities
In January 2018, the charity secured a 125-year lease for premises to establish a community centre,
benefiting local residents and preserving The Lodge buildings, which are of significant heritage value to the
area. To support this development, the charity engaged architects, surveyors, solicitors, valuers, and
accountants to provide expert advice. The Trustees diligently addressed the complex issues involved and
are confident that the benefits to the charity in achieving its objectives are highly significant. The charity
(along with the residents} makes a contribution towards the service charges of the site. In 2024 the costs
contributed amounted to £8,66612023 - £9,969).
This past year, efforts have been concentrated on planned improvements to community facilities not covered
by the initial contracted works. These enhancements, affecting various parts of the site, will continue over
several years. In 2023 a small grant was received and spent from Awards forAII towards the refurbishment
costs of the community hall. By March 2024, three new indoor spaces for community use have been
introduced.. the Cicely Conference Room, the Garden Hall, and a Small Meeting Room. Additionally, the
Victorian Walled Garden at the rear of the site has been further renovated and is utilised for various
activities. These efforts have been supported by numerous skilled and enthusiastic local volunteers, to
whom we extend our gratitude.
The offices and facilities are used to support our diverse activities and events within the local community,
as well as those of other groups such as Sutton Nature Conservation Volunteers, Biodiversity Educators,
the local branch of Tools for Self Reliance and many others.
Over the next year, we will..
Continue planned improvement works to enhance community facilities.
Provide facilities for various community organisations and individuals so that they can benefit from the
use of these facilities.
Continue to provide a significant number of volunteer opportunities as part of on-site activities.
Deliver our own project activities based at The Lodge.
Trustees have set aside an inilial £370,000 for the development and maintenance of the facilities
Volunteer Celebration Event
We received a small grant from the Mayor of London to fund a volunteer celebration event, which was held
in the spring of 2023 and attended by over 70 people. This funding enabled us to stock the Garden Hall
kitchenette with crockery and cutlery.
EcoLocal Services Ltd {ESL)
EcoLocal Services Ltd is a social enterprise that collaborates closely with the EcoLocal charity to deliver
activities requiring a more commercial approach. Staff payroll for ESL is managed by the charity, as some
staff members are employed by both entities. ESL provides additional income to the charity through gift aid.
All profits generated by ESL activities during the year are donated to the EcoLocal charity.
This year, ESL'S activities focused on the operation of the Wallington Farmers, Market. Key activities
included..
Running 12 markets and enhancing the market offer by recruiting new stalls.
Supporting local community groups by offering free stalls.
Providing new business startup opportunities and assisting youth enterprise.
Promoting and raising funds for the activities of the EcoLocal charity.
Social Media
We mainlained our social media presence and encouraged individuals to join our free email listing. Our
aggregated contacts across all social media platforms, including email, total over 12,000 people. Social
media has significantly enhanced our ability to communicate with the public.

THE CENTRE FOR ENVIRONMENTAL INITIATIVES
Registered Charity Number 1087782, Company Number 4137305 (England and Wales)
EcoLocal is the working name of the charity
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024
Financial Review
At the end of the year, unrestricted funds carried foward amounted to £1,232,556, compared to £896,918
in the previous year. Restricted funds carried foNard were £111,396, up from £92,334 in the previous year.
We received grants and donalions totalling £523,170 during the year. This includes gift aid donations from
our trading subsidiary, Ecolocal Lodge Development Ltd, which significantly increased the charity's general
unrestricted funds. A transfer has been made to Ihe charity's free unrestricted funds from designated funds
to reflect the value of the property intended for community activities (refer to notes 2, 14, and 20). Through
our charitable activities, we raised an additional £37,180. Other trading activities generated £34,361.
Additionally, £1,533 was accrued from bank account interest. Total income for the year was £596,244,
compared to £655,006 in the previous year.
Total expenditure amounted to £241,544, compared to £143,259 in the previous year.
Net assets carried foNard on the balance sheet at the year-end were £1,343,952, compared to £989,252
in the previous year.
The charity successfully managed all funded projects in accordance with agreements made with funders.
Overhead costs were covered through a combination of grant contributions, recovery of project costs,
contracts, general and gift aid donations.
The charity's financial management integrity is ensured by the diligence of its Trustees, staff, and volunteers.
EcoLocal's principal funding sources were..
Donations
EcoLocal Services Ltd and ELD Ltd donations via gift aid and recovery of project costs
Grants
Investment income
Reserves Policy
EcoLocal holds general fund reserves for the following purposes:
To buffer fluctuations in income.
To cover ongoing commitments, including the lease on premises at The Lodge, Honeywood Walk,
Carshalton, and salary and associated payments for staff. Notice would need to be given and costs
incurred if these commitments were to be cancelled.
To fund projects, including improvements to our premises at The Lodge. The charity occasionally uses
reserves to start projects or pilot schemes while awaiting funding application outcomes and to provide
cash flow for projects and contracts funded in arrears.
Restricted fund reserves are held as unexpended balances of trust funds and other grants and
donations received for specific purposes.
The Board of Trustees has reviewed the charity's reserve requirements in light of the main risks to the
organisation. A policy has been established whereby the unrestricted funds not committed or invested in
tangible fixed assets should be equivalent to 3-6 months of overall unrestricted revenue expenditure. The
unrestricted general funds at year-end were £80,447.
Pensions
Pensions were provided in accordance with our pensions policy, which aligns with government policy. Four
members of staff continued to participate in this scheme. Provision has been made in next year's budget to
cover pension costs as required.

THE CENTRE FOR ENVIRONMENTAL INITIATIVES
Registered Charity Number 1087782, Company Number 4137305 (England and Wales)
EcoLocal is the working name of the charity
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024
Investment Policy
Aside from maintaining a prudent amount in reserves each year, most of the charity's funds are allocated
to the Building Acquisition and Development Fund and to underwrite shortfalls in core costs. After
considering the available options, the Board of Trustees has decided to maintain deposit and reserve
accounts with established building societies or banks.
Designated Funds
Building Development and Maintenance Fund
The charity has significant responsibilities in managing the premises at the Lodge. These responsibilities
include a commitment to completing further works on the community hall, outhouses, workshops, offices
and the Victorian walled garden in the short and medium term, bringing additional benefits to the local
community as agreed via our original consultations. These responsibilities also include a requirement to
maintain what is a significant sized estate on behalf of the community. The Trustees have therefore
strategically planned beyond the annual operational plan and budget to identify risks and capital spending
needs that cannot be met from a single year's anticipated income. As such, Building Development and
Maintenance funds have needed to be set aside to finance these works and to manage the existing assets
for the local community (refer to note 20).
Reorganisation Fund
This fund reflects potential redundancy costs that the charity could incur if it were to cease operations.
2024-2025 Budget
The charity's budget for the 2024125 financial year anticipates further investment costs for The Lodge
premises project, maintenance and insurance costs, expenditure on core staff, project costs, and necessary
overheads. Restricted fund projects will align with agreements made with funders and donors as
appropriate.
Governing Document
The Centre for Environmental Initiatives (CEII, now known as EcoLocal, is a company limited by guarantee
(incorporated on 8 January 2001) and registered as a charity (registered on 31 July 2001). Following a
strategic review, which included detailed communication with current beneficiaries and the wider local
community, the charity modernised its governance arrangements by adopting new Articles of Association
and expanded its charitable activities in June 2015. The new Memorandum and Articles of Association
reflect recent legal updates since the Charities Act 2006 and consolidated into the Charities Act 2011. Legal
advice was sought, and agreement from the Charity Commission was obtained for these changes.
In the event of the CEI charitable company being wound up, members are required to contribute an amount
not exceeding £1.

THE CENTRE FOR ENVIRONMENTAL INITIATIVES
Registered Charity Number 1087782, Company Number 4137305 (England and Wales)
EcoLocal is the working name of the charity
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024
Organisational Structure
EcoLocal's Board of Trustees consists of between 3 and 10 members who typically meet quarterly to
oversee the strategic direction and policies of the charity. Currently, the Board has seven members from
diverse professional backgrounds relevant to the charity's work. The Company Secretarylchief Executive
and Dept, Chief Executive attend Board meetings but do not have voting rights. Three sub-committees have
been established.. Business Planning Sub-committee, Finance Sub-committee, and Personnel Sub-
Committee. The maintenance and development of these committees is ongoing as a part of a governance
review. The Chief Executive is responsible for maintaining and developing the charity's strategic planning
in collaboration with the Board of Trustees and the Business Planning Sub-committee.
The Chief Executive has day-to-day operational responsibility for service provision, which includes..
Ensuring the charity delivers specified services and meets key performance indicators.
Managing the building, ICT, and resources.
Supervising and developing staff in line with best practices.
Maintaining financial and budgetary control in overall charity operations and individual projects, in
conjunction with the Finance Sub-committee.
Conducting fundraising activities, in conjunction with the Business Planning Sub-committee.
Overseeing public relations efforts.
Acting as Company Secretary.
The Deputy Chief Executive handles the daily operations of individual projects, fundraising activities,
building management, business development, and contributes to strategic planning and public relations
work.
The trustees are responsible for setting the remuneration of the CEO and Deputy CEO. This is reviewed
annually as parl of the Budget process and with regard to the rates for similar roles in the sector.
Ensuring Work Delivers the Charity's Aim
EcoLocal's Project Suitability Evaluation Process Regarding Charitable Status Policy guides the
assessment of potential projects and the review of existing projects to ensure alignment with our broader
charitable objectives and community benefit. Each Trustee is also responsible for a Governance review of
an individual project. The Charity Commission's general guidance on public benefit is also considered when
reviewing aims and objectives and planning future activities. In this way, the Trustees ensure planned
activities contribute to the established aims and objectives.
Recruitment and Appointment of The Board of Trustees
The Board of Trustees manages the charity's business. It consists of belween three and ten Trustees
appointed by the Board. All Trustees automatically become members of the charity, and their names are
entered into the charity's register of members.
Trustees are eligible for re-appointment at the third AGM (or Appointment Board Meeting) after their last
appointment. Membership ceases if a Trustee resigns from the Board.
All appointments, retirements, or removals of Trustees and the Company Secretary must be notified to the
Registrar of Companies at Companies Hoijse.
In the event of losing particular skills from the Board due to retirements, replacement Trustees are sought
from the charity's local networks to maintain a broad mix of skills and experience relevant to the charity's
work and reflective of the communities served.
The Board currently consists of seven members.. four male and three female- four describe themselves as
having a disability. Trustees are provided with additional training as needed.

THE CENTRE FOR ENVIRONMENTAL INITIATIVES
Registered Charity Number 1087782, Company Number 4137305 (England and Wales)
EcoLocal is the working name of the charity
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024
Trustee Induction and Training
Candidates are typically familiar with one or more of EcoLocal's activities. New Trustees are recruited for
specific duties or to complement the skills of existing Board members. An initial interview with the Chief
Executive and Chair of Trustees is held to discuss the candidate's potential role. A further meeting with the
Chief Executive defines the inductiorl and training process.
New Trustees receive..
A summary of the main duties and responsibilities of Board members.
A copy of the Memorandum and Articles ofAssociation (and related rules).
Copies of the last two years, Trustee's Annual Report and Audited Financial Statements.
Additional publications from the Charity Commission.
Copies of recent Board meeting minutes.
Key operational documents, including policies and procedures.
New Trustees must attend three introductory training sessions to familiarise themselves with staff,
volunteers, current projects, objectives, and future plans. These sessions usually involve the Chief
Executive, the Chair of Trustees, and other personnel as needed. A training plan is agreed upon and
integrated into the overall training strategy. An initial work plan is established to outline main duties and
routines. After three months, new Trustees provide feedback on their induction.
Risk Management
The Board of Trustees has identified and assessed risks that could face the charity..
Covering Core Management Costs: This risk can be mitigated by..
Diversifying and broadening the charity's funding base and ensuring adequate levels of
management capacity and accommodation costs are included in grant applications.
Maintaining the 'social enterprise, culture within the organisation so that relevant projects work
toward self-fundinglincome generation in the medium term. EcoLocal Services Ltd {ESLI, an
unconnected social enterprise eslablished by a Trustee and staff members, contributes
annually through gift aid profits to the EcoLocal charity.
Ensuring that the best investment return possible is achieved from the premises, which includes
two residential flats
Highlighting the organisation's success in delivering required outcomes at good value for
money to funding bodies.
Premises Management and Maintenance.. There are significant responsibilities in managing the
premises at the Lodge. Risks can be mitigated by..
Investing in and fundraising for further improvements to the community facilities so that their
value to the charity and the local community are maximised
Ensuring that all maintenance and safety checks are carried out by competent individuals as
required e.g. gas safety checks, fire system checks etc
Ensuring that all policies and procedures are up to date and that staff and volunteers are
sufficiently trained in these
Ensuring sufficient designated funds are held in reserve in order to cover future maintenance
costs
Provision of skilled volunteering opportunities
Lack of Recognition of Our Work.. This risk can be mitigated by..
Using the 'working name, EcoLocal and its branding, alongside our website, Mailchimp email
system, and various social network to regularly communicate the charity's activities.
Data Privacy- We seek to mitigate the risk of data privacy breaches by..
ensuring that our policies and procedures have been implemented to ensure compliance with
GDPR legislation.
10

THE CENTRE FOR ENVIRONMENTAL INITIATIVES
Registered Charity Number 1087782, Company Number 4137305 {England and Wales)
EcoLocal is the working name of the charity
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024
Charity Name..
The Centre for Environmental Initiatives
{known as EcoLocal)
1087782
4137305
Ecolocal, The Lodge, Honeywood Walk, Carshalton,
Surrey, SM5 3NX.
Charity Number-
Company Number..
Registered and operational address..
Contact details..
Telephone
E-mail
Main Website
020 8404 1522
info@ecolocal.org.uk
www.ecolocal.or
.uk
Board of Trustees:
Tom Brake
Jim Bush
Alistair Cruickshank
Hazel Gurr
Tony Pattison
Maureen Peglar
Peter Struik
Liz Udall
(Treasurer from May 24)
(Treasurer until May 24)
(resigned on 25 August 24)
(Chair)
(Deputy Chairl
Company Secretarylchief Executive:
Trevor Lancefield
Deputy Chief Executive:
Tansy Honey
Auditor:
Kingston Burrowes Audit Ltd, 308 Ewell Road, Surbiton, Surrey KT6 7AL
Bankers:
Unity Trust Bank Plc, Nine Brindleyplace, Birmingham, B12HB
The trustees (who are also directors of The Centre for Environmental Initiatives for the purposes of
company law) are responsible for preparing the Trustees, Annual Report and the financial 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. Under
company law the trustees must not approve the financial statements unless they are satisfied that
they give a true and fair view of the state of affairs of the charitable company and of the incoming
resources and application of resources, including the income and expenditure, of the charitable
company for that period. 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 2019 (FRS 102).,
make judgements and estimates that are reasonable and prudent.,
prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the charitable company will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable
accuracy at any time the financial position of the charitable company and enable them to ensure that
the financial statements comply with the Companies Act 2006. They 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.
11

THE CENTRE FOR ENVIRONMENTAL INITIATIVES
Registered Charity Number 1087782, Company Number 4137305 (England and Wales)
EcoLocal is the working name of the charity
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024
In so far as the trustees are aware..
there is no relevant audit information of which the charitable company's auditor is unaware; and
the trustees have taken all steps that they ought to have taken to make themselves aware of any
relevant audit information and to establish that the auditor is aware of that information.
AUDITOR
A resolution to reappoint the auditor, Kingston Burrowes, and authorise the Trustees to fix their
remuneration will be proposed at the annual general meeting.
EXEMPTION STATEMENT
The Trustees, Report has been prepared in accordance with the special provisions of Part 15
of the Companies Act 2006 relating to small companies.
Approved by the board and signed on its behalf of the trustees.
Tony Pattison
(Chair of Trustees}
Tom Brake
(Treasurer}
Dated".
26th January 2025
12

THE CENTRE FOR ENVIRONMENTAL INITIATIVES
Registered Charity Number 1087782, Company Number 4137305 (England and Wales)
EcoLocal is the working name of the charity
INDEPENDENT AUDITOR'S REPORT
Opinion
We have audited the financial statements of The Centre for Environmental Initiatives (the 'charitable company'l
for the year ended 31 March 2024 which comprise the Statement of Financial Activities, Balance Sheet,
Statement of Cash Flows and notes to the financial statements, including significant accounting policies. The
financial reporting framework that has been applied in their preparation is applicable law and United Kingdom
Accounting Standards, including Financial Reporting Standard 102 The FinancialReporting Standard applicable
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, including its income and expenditure, for the year
then ended.,
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice., and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UKI) and applicable
law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the
audit of the financial statements section of our report. We are independent of the charitable company in
accordance with the ethical requirements that are relevant to our audit of the financial statements in the U K,
including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with
these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide
a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees, 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 identified any material uncertainties relating to events or
conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to
continue as a going concern for a period of at least twelve months from when the financial statements are
authorised for issue.
Our responsibilities and the responsibilities of the trustees 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 trustees, annual report, other than the financial
statements and our auditor's report thereon. The trustees are responsible for the other information contained
within the trustees, annual report. Our opinion on the financial statements does not cover the other information
and, except to the extent othewise explicitly stated in our report, we do not express any form of assurance
conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the
other information is materially inconsistent with the financial statements or our knowledge obtained in the course
of the audit or othewise appears 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 financial statements themselves. If, based on the work we have performed, we conclude
that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
13

THE CENTRE FOR ENVIRONMENTAL INITIATIVES
Registered Charity Number 1087782, Company Number 4137305 (England and VVales}
EcoLocal is the working name of the charity
INDEPENDENT AUDITOR'S REPORT
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit..
the information given in the trustees, report, which includes the directors, report prepared for the
purposes of company law, for the financial year for which the financial statements are prepared is
consistent with the financial statements., and
the directors, report included within the trustees, report has been prepared in accordance with applicable
legal requirements.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charitable company and its environment obtained in the
course of the audit, we have not identified material misstatements in the directors, report included within the
trustees, report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006
requires us to report to you if, in our opinion..
adequate accounting records have not been kept, or returns adequate for our audit have not been
received from branches not visited by us., or
the financial statements are not in agreement with the accounting records and returns., or
certain disclosures of directors. remuneration specified by law are not made., or
we have not received all the information and explanations we require for our audit., or
the trustees were not entitled to prepare the financial statements in accordance with the small
companies, regime and take advantage of the small companies, exemptions in preparing the directors,
report and from the requirement to prepare a strategic report.
Responsibilities of trustees
As explained more fully in the trustees, responsibilities statement set out on page 11, the Irustees (who are also
the directors of the charitable company for the purposes of company law) are responsible for the preparation of
the financial statements and for being satisfied 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 charitable company's ability
to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going
concern basis of accounting unless the trustees 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 (UK} will always detect a material misstatement when it exists. Misstatements can 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 financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design
procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of
14

THE CENTRE FOR ENVIRONMENTAL INITIATIVES
Registered Charity Number 1087782, Company Number 4137305 (England and Wales)
EcoLocal is the working name of the charity
INDEPENDENT AUDITOR'S REPORT
irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities,
including fraud is detailed below..
Enquiry of management and those charged with governance about actual and potential litigation or
claims and the identification of non-compliance with laws and regulations.
Reviewing minutes of meetings of those charged with governance.
Reviewing financial statement disclosures and testing to supporting documentation to assess
compliance with applicable laws and regulations.
Auditing the risk of management override of controls, including testing journal entries and other
adjustments for appropriateness., assessing whether the judgements made in making accounting
estimates are indicative of a potential bias,. and evaluating the business rationale of any significant
transactions that are unusual or outside the normal course of business.
Performing analytical procedures to identify any unusual or unexpected relationships that may indicate
risks of material misstatement due to fraud.
Professional scepticism in course of the audit and with audit sampling in material audit areas.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including
those leading to a material misstatement in the financial statements or non-compliance with regulation. This
risk increases the more that compliance with a law or regulation is removed from the events and transactions
reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance.
The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves
intentional concealment, forgery, collusion, omission or misrepresentation.
A further description of our responsibilities is available on the Financial Reporting Councis's website at..
www.frc.or
.uklauditorsres
onsibilities. This description forms part of our auditor's report.
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 thatwe might state to the charitable
company's members those matters we are required to state to them in an auditor's report and for no other
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.
Kevin Fisher BA FCA CTA (Senior Statutory Auditor)
For and on behalf of Kingston Burrowes Audit Ltd
statutory Auditors
308 Ewell Road
Surbiton
Surrey
KT6 7AL
21-
2025
15

THE CENTRE FOR ENVIRONMENTAL INITIATIVES
Registered Charity Number 1087782, Company Number 4137305 {England and Wales}
EcoLocal is the working name of the charity
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Total
Total
Unrestricted Restricted
funds
funds
Total
Funds
2024
Total
Funds
2023
Notes
Income
Donations and legacies
Charitable activities
Other trading activities
Investments
435,282
87,888
37,180
523,170
37,180
34,361
1,533
592,802
25,344
36,580
280
34,361
1,533
Total
471,176
125,068
596,244
655,006
Expenditure
Raising funds
Charitable activities
2,219
133,319
2,219
239,325
414
142,845
106,006
Total
135,538
106,006
241,544
143,259
Net income
Transfers between funds
11
20
335,638
19,062
354,700
511,747
Net movement in funds
335,638
19,062
354,700
511,747
Reconciliation of funds
Total funds brought forward
20
896,918
92,334
989,252
477,505
Total funds carried fomard
20
£1,232,556
£111,396 £1,343,952
£989,252
All income and expenditure is derived from continuing activities.
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes form part of these financial statements.
16

THE CENTRE FOR ENVIRONMENTAL INITIATIVES
Registered Charity Number 1087782, Company Number 4137305 (England and Wales)
EcoLocal is the working name of the charity
BALANCE SHEET AS AT 31 MARCH 2024
Notes
2024
2023
FIXED ASSETS
Tangible assets
Investments
14
15
379,693
380,001
759,693
759,694
759,694
CURRENT ASSETS
Debtors
Cash at bank and in hand
16
26,350
565,928
71,881
190,895
592,278
262,776
LIABILITIES
Creditors.. Amounts falling due within
one year
17
8,020
18,688
NET CURRENT ASSETS
584,258
244,088
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,343,952
1,003,782
CREDITORS
Amounts falling due after more than
one year
18
14,530
TOTAL NET ASSETS
19
£1,343,952
£989,252
TOTAL FUNDS
Unrestricted funds - General funds
Designated funds
20
20
80,447
1,152,109
114,809
782,109
1,232,556
896,918
Restricted funds
20
111,396
92,334
TOTAL FUNDS
£1,343,952
£989,252
These financial statements have been prepared in accordance with the special provisions of part 15 of the
Companies Act 2006 relating to small companies.
Approved by the Board of Trustees on 26th January 2025 and signed on their behalf by
Tony Patlison
Trustee
Tom Brake
Trustee
The notes form part of these financial statements.
17

THE CENTRE FOR ENVIRONMENTAL INITIATIVES
Registered Charity Number 1087782, Company Number 4137305 (England and Wales)
EcoLocal is the working name of the charity
STATEMENT OF CASH FLOWS
AS AT 31 MARCH 2024
Notes
2024
2023
Cash flows from operating activities
Net income for the reporting period {as per the statement of
financial activities
354,700
511,747
Adjustments for..
Interest from investments
Ilncrease)Idecrease in debtors
Increasel(decreasel in creditors
{1,533)
45,531
(25,198)
(280}
(2,225}
(503,922)
Net cash provided by/ (used in) operating
activities
373,500
5,320
Cash flows from investing activities
Interest from investments
Payments to acquire tangible fixed assets
1,533
280
(23,579)
14
Net cash provided by/ (used in) investing activities
1,533
(17,979)
Change in cash and cash equivalents in the reporting period
Cash and cash equivalents at the beginning of the reporting
period
190,895
208,874
Cash and cash equivalents at the end of the reporting period
£565,928
£190,895
The notes form part of these financial statements.
18

THE CENTRE FOR ENVIRONMENTAL INITIATIVES
Registered Charity Number 1087782, Company Number 4137305 (England and Wales)
EcoLocal is the working name of the charity
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNTING POLICIES
General information and basis of preparation
The Centre for Environmental Initiatives is a registered charity {no. 10877821 and private company limited
by guarantee (no. 41373051 registered in England and Wales. In the event of the charity being wound up,
the liability in respect of the guarantee is limited to £1 per member of the charity. The registered office is
given in the reference and administrative information on page 11.
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been
prepared in accordance with 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 issued in October 2019, the Financial Reporting Standard
applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies
Act 2006 and UK Generally Accepted Accounting Practice.
The financial statements have been prepared on the going concern basis and under the historical cost
convention.
The significant accounting policies applied in the preparation of these financial statements are set out
below. These policies have been consistently applied to all years presented unless otherwise stated.
Income recognition
Items of income are recognised in the financial statements when all of the following criteria are met:
The charity has entitlement to the funds.,
any performance conditions have been met or are fully within the control of the charity-
there is sufficient certainty that receipt of the income is considered probable., and
the amount can be measured reliably.
Contract income is recognised as the charity earns the right to consideration through the performance of
its services.
Expenditure recognition
Expenditure is recognised once there is a legal or constructive obligation to make payment to a third party,
it is probable that settlement will be required and the amount can be measured reliably. Expenditure is
classified under the following activity headings..
Costs of raising funds which comprise those costs associated with attracting general donations
Expenditure on charitable activities which comprises the costs of running the various activities
services for the charity's beneficiaries.
and
Expenditure includes those costs of a direct nature which can be allocated to a specific activity. It also
includes indirect costs, including governance costs that do not relate to a specific activity but are necessary
to support them. Support costs are apportioned to each activity on the basis of staff time.
Fund accounting
Unrestricted general funds are those funds which are freely available for use in furtherance of the objects
of the charity and which have not been designated for specific purposes.
Designated funds are unrestricted funds set aside by the trustees for particular purposes.
Restricted funds are funds which can only be used in accordance with specific restrictions imposed by the
donor or which have been raised for a particular purpose.
Tangible fixed assets and depreciation
Depreciation is provided so as to write off the cost of each asset over its estimated useful life. Depreciation
is provided on plant and machinery on a straight line basis at 20 % per annum.
Assets costing less than £350 are not capitalised.
The assets under construction additions represent costs incurred in the course of development and
construction of the property known as The Lodge, Honeywood Walk, Carshalton, Surrey and so no
depreciation is required to be charged at this stage.
19

THE CENTRE FOR ENVIRONMENTAL INITIATIVES
Registered Charity Number 1087782, Company Number 4137305 {England and Wales)
EcoLocal is the working name of the charity
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNTING POLICIES...ICont'd
Assets under construction includes its purchase price, including legal fees, design and other direct costs
attributable to the development including borrowing costs.
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated
to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives
on the following bases..
Buildings- 2% straight line
Land not depreciated
Leases
Operating lease rentals are charged to the Statement of Financial Activities on a straight line basis over
the period of the lease.
Pensions
The Charity operates a defined contribution pension scheme. Contributions are charged to the Statement
of Financial Activities in the year to which they relate.
Debtors and creditors
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded
at transaction price. Any losses arising from impairments are recognised in expenditure.
Loans and borrowings are initially recognised at transaction price including transaction costs.
Subsequently, they are measured at amortised cost using the effective interest rate method.
Government Grants
Grants received under Coronavirus Job Retention Scheme and Bounce Back Loan interest is accounted
for on the performance model.
Investments
Investment in subsidiaries are measured at cost less impairment.
Construction in progress in a part is completed and was available for letting as an investment properties.
Investment properties are initially recognised at cost and subsequently restated at market value at the end
of each accounting period. Revaluation gains and loses are recognised in the Statement of Financial
Activities. Formal valuations are not carried out by appropriately qualified persons. Due to the cost of
obtaining professional valuations, these are carried out periodically but not annually. In the intervening
years, the markel value is determined by the trustees taking into account the last formal valuation and their
assessment of the property market.
DONATIONS AND LEGACIES
Unrestricted Restricted
Funds
Funds
Total
2024
Total
2023
Gift aid donation from Ecolocal Lodge
Development Ltd (Note 21)
Grants and donations
Legacies
347,418
3,741
84,123
347,418
91,629
84,123
508,433
84,369
87,888
£435,282
£87,888
£523,170
£592,802
Of the £592,802 recognised in 2023, £508,531 was unrestricted funds and £84,271 was restricted funds.
20

THE CENTRE FOR ENVIRONMENTAL INITIATIVES
Registered Charity Number 1087782, Company Number 4137305 (England and Wales)
EcoLocal is the working name of the charity
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
INCOME FROM CHARITABLE ACTIVITIES
Unrestricted Restricted
Funds
Funds
Total
2024
Total
2023
Grants and contracts
£Nil
£37,180
£37,180
£25,344
Of the £25,344 recognised in 2023, £Nil related to the Government grant for Bounce Back Loan interest
which was allocated to unrestricted funds. Of the remaining £25,344 recognised in 2023, £340 related to
unrestricted funds and £25, 004 related to restricted funds.
INCOME FROM OTHER TRADING ACTIVITIES
Unrestricted Restricted
Funds
Funds
Total
2024
Total
2023
Rental income
£34,361
£Nil
£34,361
£36,580
All of the £36,580 recognised in 2023 related to unrestricted funds.
INVESTMENT INCOME
Unrestricted Restricted
Funds
Funds
Total
2024
Total
2023
Bank interest
£1,533
£Nil
£1,533
£280
All of the £280 recognised in 2023 related to unrestricted funds.
COST OF RAISING FUNDS
Direct
Costs
Support
Costs
Total
2024
Total
2023
Fundraising activities
£Nil
£2,219
£2,219
£414
All costs for raising funds were unrestricted for the current and prior years.
EXPENDITURE ON CHARITABLE ACTIVITIES
Direct
Costs
Support
Costs
Total
2024
Total
2023
Transport and Travel
Growing and Greening
Cross-cutting Environmental Sustainability
64,804
62,205
76,652
9,803
8,225
17,636
74,607
70,430
94,288
39,695
22,854
80,296
£203,661
£35,664
£239,325
£142,845
Of the £239,325 expenditure recognised in 2024 (2023: £142,845), £133,31912023: £35,083) was charged
to unrestricted funds and £106,006 (2023.. £107,762) was charged to restricted funds.
21

THE CENTRE FOR ENVIRONMENTAL INITIATIVES
Registered Charity Number 1087782, Company Number 4137305 (England and Wales)
EcoLocal is the working name of the charity
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
ANALYSIS OF DIRECT COSTS
Raising
Funds
Charitable
Activities
Total
2024
Total
2023
Wages, social security and other
staff related costs
Project costs
Volunteer expenses
Printing, design and exhibitions
Training
Equipment and material purchases
79,452
30,497
1,247
3,396
224
88,845
79,452
30,497
1,247
3,396
224
88,845
45,937
32,221
1,290
3,619
576
27,217
£Nil
£203,661
£203,661 £110,860
ANALYSIS OF SUPPORT COSTS
Raising
Funds
Charitable
Activities
(inc.Governance)
Total
2024
Total
2023
Wages and salaries
Provision of premises
Office administration
Insurance, professional and bank costs
Governance (Note 10}
2,161
2,161
18,896
6,438
5,010
5,378
324
14,982
5,300
8,861
2,932
18,896
6,380
5,010
5,378
58
£2,219
£35,664
£37,883
£32,399
10. GOVERNANCE COSTS
2024
2023
Wages and salaries
Auditor's remuneration
Provision of premises
Office administration
2,161
2,209
950
58
324
1,860
658
90
£5,378
£2,932
11. NET INCOME
2024
2023
Net income for the year is stated after charging..
Auditor's remuneration Audit Services
Non-audit services
£2,209
£960
£1,860
£984
12. TRUSTEES, REMUNERATION AND EXPENSES
The trustees neither received nor waived any remuneration during the year {2023'. £Nil). No expenses were
reimbursed to any trustees during the year (2023.. £Nill.
22

THE CENTRE FOR ENVIRONMENTAL INITIATIVES
Registered Charity Number 1087782, Company Number 4137305 {England and Wales)
EcoLocal is the working name of the charity
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
13. STAFF COSTS
2024
2023
Wages and salaries
Social security costs
Pension costs
86,491
64,742
1,051
1,053
£87,542
£65,795
Out of the total staff costs of £87,542 {2023'. £65,795}, £3,76812023'. £3,169) was recharged to Ecolocal
Services Ltd and £Nil (2023: £16,041) was charged to Land & Buildings (2023.. Assets under construction)
(Note14). Therefore, the net costs charged to statement of financial activities was £83,774 (2023.. £46,585).
No employee received total employee benefits (excluding employer pension costs) of more than £60,000
in either year.
The average number of employees, calculated on a full-time equivalent basis, analysed by function was-.
2024
2023
Number
Number
Direct charitable activities
Management and administration
The total amount of employee benefits received by key management personnel was £37,790 (2023..
£30,013). Under FRS 102, employee benefits include gross salaries, employer's national insurance,
employer's pension costs and benefits in kind.
2024
2023
Average number of employees
13
13
14. TANGIBLE FIXED ASSETS
Assets under
construction
Plant and
Machinery
Total
Cost
At 1 April 2023
Additions
Reclassified - Transferred to
Investments (Note 15)
759,693
80,597
840,290
(380,000)
(380,000)
At 31 March 2024
379,693
80,597
460,290
Depreciation
At 1 April
Charge for the year
80.597
80,597
80,597
80,597
Net book value
At 31 March 2024
£379,693
£Nil
£379,693
At 31 March 2023
£759,693
£Nil
£759,693
23

THE CENTRE FOR ENVIRONMENTAL INITIATIVES
Registered Charity Number 1087782, Company Number 4137305 {England and Wales)
EcoLocal is the working name of the charity
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
15. FIXED INVESTMENTS
Cost or valuation
Shares in group
undertakings
Investment
properties
Total
Balance brought foNard
Reclassified - Transferred from Tangible Fixed
Assets (Note 14)
380,000
380,000
Balance carried forward
380,000
380,001
Subsidiary Undertaking
The company's investment in its subsidiary company represents the cost of acquisition of the whole of the
ordinary share capital of EcoLocal Lodge Development Ltd which was set up to participate in Ihe
development of a property. The aggregate capital and reserves at 31 March 2024 was £89,376
{2023'. £504,460). The company reported a loss for the year of £415,084 (2023.. a profit of £153,893) and
has subsequently made a distribution under Gift Aid rules to the charity.
16. DEBTORS
2024
2023
Prepayment
Accrued income
Other debtors
Amounts owed from group undertaking
4,719
21,631
2,225
446
69,210
£26,350
£71,881
17. CREDITORS- amounts falling due within one year
2024
2023
Trade creditors
Taxation and social security
Accrued expenses
Other creditors
Bounce back loan
Amounts owed to group undertakings
Other creditors
2,360
285
4,767
9,106
4,530
5,032
627
£8,020
£18,688
24

THE CENTRE FOR ENVIRONMENTAL INITIATIVES
Registered Charity Number 1087782, Company Number 4137305 (England and Wales}
EcoLocal is the working name of the charity
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
18. CREDITORS- Amounts falling due after more than one year
The following secured debts are included within creditors..
2024
2023
Bounce back loan
Bank loan
14,530
£Nil
£14,530
A bounce back loan of£22,651 was received in 2021 in connection with COVID disruptions. The loan was
repayable over 6 years with no repayment during the first 12 months. The loan was guaranteed by the UK
Government. Interest rate was 2.5 % per annum fixed for the duration of the loan with first 12 months, the
UK Government paid the interest due to Bank. The bounce back loan was repaid during the year in full.
19. ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestricted
General Funds
Designated
Funds
Restricted
Funds
Total
2024
2024
Fixed assets
Current assets
Current liabilities
Long-term liabilities
759,693
392,416
759,694
592,278
(8,0201
88,466
(8,020)
111,396
As at 31 March 2024
£80,447
£1,152,109
£111,396
£1,343,952
Comparative information for the analysis of net assets between funds in the previous year is as follows:
Unrestricted
Funds
Designated
Funds
Restricted
Funds
Total
2023
2023
Fixed assets
Current assets
Current liabilities
Long-term liabilities
759,693
22,416
759,694
262,776
{18,6881
{14,530}
148,026
(18,688)
(14,530)
92,334
As at 31 March 2023
£114,809
£782,109
£92,334
£989,252
25

THE CENTRE FOR ENVIRONMENTAL INITIATIVES
Registered Charity Number 1087782, Company Number 4137305 (England and Wales)
EcoLocal is the working name of the charity
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
20. MOVEMENT IN FUNDS
At 1 April
2023
At 31 March
2024
Income
Expenditure Transfers
2024
Restricted Funds:
Travel."
Inclusive Cycling l Gear-up
Local Food/Wildlife and Nature
Conservation..
Carshalton Community Allotment
Greener Schools Network
Victorian Walled Garden
Horticultural Training
Energy..
Warm Roomsl LBS
Cross-cutting Environmental..
Community Hall (Awards for All)
Eco-tea
Eco-wellbeing
Volunteer Celebration Event
Eco-Fair
Frost Fair
21,441
35,149
(34,611)
21,979
12,151
27
661
3,505
16,321
{10,401}
18,071
27
1,970
1,650
4,066
3,648
(2,757)
(5,503)
1,611
1,611
19)
6,939
3,839
720
37,471
3,978
17,451
(11,053)
(3,839)
(720)
(31,867}
(5,264)
13,337
40,940
7,493
46,544
6,207
Total Restricted Funds
92,334
125,068 {106,006)
111,396
Unrestricted Funds:
General Fund
114,809
471,176
(135,538) (370,000)
80,447
Designated Funds..
Building Development and
Maintenance Fund
Tangible Fixed Asset Fund
Investment Property Fund
Reorganisation Fund
370,000
370,000
(380,000) 379,693
380,000
380,000
22,416
759,693
22,416
Total Designated Funds
782,109
370,000 1,152,109
Total Unrestricted Funds
896,918
471,176
(13S,538)
1,232,556
Total Funds
£989,252 £596,244 £ (241,544)
£Nil £1,343,952
A transfer has been made from the charity's tangible fixed asset designated fund to the investment
property designated fund to reflect the value of the rental property held.
Details of the restricted funds and designated funds can be found within the Trustees, Annual Report.
26

THE CENTRE FOR ENVIRONMENTAL INITIATIVES
Registered Charity Number 1087782, Company Number 4137305 (England and Wales)
EcoLocal is the working name of the charity
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
20. MOVEMENT IN FUNDS...ICont'd
Comparative information for the movement in funds in the previous year is as follows
At 1 April
2022
At 31 March
2023
Income
Expenditure Transfers
2023
Restricted Funds:
Travel..
Interactive School Travel Experience
{TfL via LBS)
Bikestreet Project
Inclusive Cycling l Gear-up
Local Food/Wildlife and Nature
Conservation..
Carshalton Community Allotment
Greener Schools Ne￿Ork
Victorian Walled Garden
Horticultural Training
Eco-tea
Volunteer Celebration Event
Energy..
Warm Roomsl LBS
Cross-cutting Environmental."
Community Hall (Awards for All)
Eco-wellbeing
Schools
Eco-Fair
Frost Fair
1,604
839
23,074
(1,630)
26
18391
839
25,068
{27,540)
21,441
10,582
27
959
1,728
10,879
(9,310)
12,151
27
661
3,505
6,939
720
173
4,325
6,939
720
(471)
(2,548)
1,611
1,611
8,276
22,141
940
15,424
3,590
(8,285)
{18,302)
(940)
(31,918)
(6,818)
(9)
3,839
53,965
7,206
37,471
3,978
Total Restricted Funds
90,795
109,275 (107,762)
26
92,334
Unrestricted Funds:
General Fund
103,713
545,731
{35,497) {499,138) 114,809
Designated Funds..
Building Acquisition and
Development Fund
Reorganisation Fund
260,581
22,416
499,112 759,693
22,416
Total Designated Funds
282,997
499,112
782,109
Total Unrestricted Funds
386,710
545,731
(35,497)
(261 896,918
Total Funds
£477,505 £655,006 £ (143,259)
£Nil £989,252
27

THE CENTRE FOR ENVIRONMENTAL INITIATIVES
Registered Charity Number 1087782, Company Number 4137305 (England and Wales)
EcoLocal is the working name of the charity
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
21. RELATED PARTY TRANSACTION
Related Party
Relationship
Details
Amount
Balance
2024
EcoLocal Lodge
Development Ltd
Subsidiary
undertaking
I nterest free loan
repayable on demand
£Nil
£Nil
EcoLocal Lodge
Development Ltd
Subsidiary
undertaking
Gift aid donations
£347,418
£Nil
EcoLocal Services Ltd
DirectorslTrustees
Gift aid donations
£7,762
£Nil
Comparative information for related party transactions in the previous year is as follows..
2023
EcoLocal Lodge
Development Ltd
Subsidiary
undertaking
I nterest free loan
repayable on demand
£69,210
£69,210
EcoLocal Lodge
Development Ltd
Subsidiary
undertaking
Gift aid donations
£508,433
£Nil
EcoLocal Services Ltd
Directorsrrrustees
Gift aid donations
£8,389
£Nil
28

THE CENTRE FOR ENVIRONMENTAL INITIATIVES
Registered Charity Number 1087782, Company Number 4137305 {England and Wales)
EcoLocal is the working name of the charity
STATEMENT OF FINANCIAL ACTIVITIES - UNRESTRICTED FUNDS
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Building
Development
and
Maintenance
Fund
Total
Unrestricted
Funds
2024
Building
Acquisition
Fund
General
Fund
Reorganisation
Fund
Income
Donations and Legacies
Charitable activities
other trading activities
Investments
435,282
435,282
34,361
1,533
34,361
1,533
Total
471,176
471,176
Expenditure
Raising funds
Charitable activities
2,219
133,319
2,219
133,319
Total
135,538
135,538
Net income
Transfers between funds
335,638
(370,000)
335,638
370,000
Net movement in funds
(34,362)
370,000
335,638
Reconciliation of funds
Fund balances brought forward
114,809
759,693
22,416
896,918
Fund balances carried forward
£80.447
£370,000
£759,693
£22,416
£1,232,556
This page does not form part of the Statutory Accounts.
29