CoMp]Y registration number: 419a401 Cbarity registration numb¢r: 1091698 The Poverty and Environment Trust (A compally limited by guarantee) Annua] Report and Financial Statements for the Year Elided 31 March 2025 DeVine5 Accouiitaiits Limited cliarlei.ed Accountants and R¢gistered Auditors Bellefjeld House 104 New London Road ChelinsfDrd CM2 ORG
The Poverty and Ei nvironment Trust Contents Reference ld Athninistrative Details Tiyjstees, Report 2to5 Independent Examiner's Report 6t07 Statemlt of Finaiicial Activities Balance Sheet Notss to the Financial Statemeiits IOto16
The Poverty and Environment Trust Reference And Administrative Details Ch#irnMn Martyn Willianis Secretary Steplien Anthony Sliaw Ch#rity Registration Number 1091698 Company Registration Number 4190401 Registered Office Devines Bellefield House 104 N¢w London Road Chelmsford Essex CM2 ORG PYlne7p&l Office 5-7 Buck Street Loiidon NWI 8NJ Independent Ei xanliner Devines ACCOUntt8 Limited Chart¢lEd Accoiu]tants and Registered Auditoi's Bell¢fi¢ld House 104 New London Road Chelmsford Essex CM2 ORG Page I
The Poverty and Environment Trust Trusteesl Report The tru8lees, Mrho are dire¢toi's for the puoseS of coinpany law, present the annual Teport together with the fmanciai st&tements alld audÉtoi's' report of the Gharitable company for the year ended 31 Marcb 2025. Tliis report is also the Directors, RepL)rt as required by s417 of the Companies Act. Objectives aiid Activities Objeds td oims The objective of the Trust is to relieve povety ]d protect the eiiviroiiineiit. We believe that these two &bitionS ar¢ inextri¢ably related. Our projects, therefore, research the loiig-terni solutions needed to a¢liieve these goa]s and assist people iii advocating effectively for those solutions, Objectives, .SÈnTÈ£gl activilies The Truses cUrrlt main project is the Coinmunity Energy Revolution, which Aims to resewGb the bei)efits and obstacles to 5mall-scale aiid commuiiity-owned and run renewable energy generatioii &id siipply and to proinote solutions to over¢oiniJig tliose obstacles. The piDjert team prepai'ed and sijbmitted evidence to the Governmeiit's 'Barriers to Cominllnity Energy PtDjects' Call for Evidence in Jwie 2024 and fLUther evidence to tlie ParlIarnentY Enei'gy Secw'ity and Net Zero Sele Cominitee's 'Uiilocking Coinmunity Energy at Scale, Call for Evid)¢¢ in JalluAry 2025. In July 2024, followiiig the Gelleral Election, tIL¢ projeGt tearn prepar¢d and circulated briefings to tlie I.ge number of new MPS. Following this, frn September 2024 to F¢bi'Liary 2025, tbe proj¢ct pronioted an am¢ndin¢nt to the Gov¢niment's Great British Energy Act iii order to include commwiity energy in the statutory objects of tli¢ new Gi'eat British Energy company. This amendinent gained widespl'ead crOss-ptr suppoit i PaTliamenL resulted in the Governinent supporting it alld it being iiiade by the En¢rgy Minsister in the FIouse of Lords. Following Uiis, the project circulated evidence on the initial perforniance of tlie GovoJ'iiii)¢iit's Community Energy Fund and proinoted its continuation ai)d exp&isioii to cover Seotland, Wales and Northern treland, whicli the Goverllment did iJ] April 2025. As part of tliis worlc tlie projeth uiid¢rtook rese&rcli into the fuDds's first 15 months. iiicludiiig the case studies of comn]uiJity energy gjoups that received griuits. This rosear¢h wa8 published by the Trust in report in September 2025, The project tean) also assisted meinbers of the public and ¢ommuiiity groups to make the most of legislative opportunities that could enable the growth of community-based reiiewable energy acrogs the UK, educating the public on these OPPOTÉunities ld mechwiisms of ¢ff¢otive advocacy. Tliey have assisted iiidividuals, coinLniinity giDups and iiatioiial organisations to l'each out to poliGymal<¢rs to advocate for cominullity-bas¢d raiewable energy. Tliis lias taken place tlirough regular e-iiewsletters and ojiliiie coiitent, attending in-person events, as well ag ittdividual aS51St)ce to people iii writing to or meeting witli an elected representative. Public benefil The trustees coiifirni that they have complied with the r4uirements of s¢¢tioii 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission foi. England and Wales. Aehievéments and performanee The work detailed above adv&nGed the Trust's objectives of relieviiig poverty and protecti1 the eiivironn]ent. Page 2
The Poverty and Environment Trust Trllstees, Report Not&ble progress has been achieved in th¢ past y¢aT, especially with r¢gw'd$ to thc Govei'nment amending the Great British Energy Act to incliide direci reference to comniunity energy, th¢ ext¢n5ion of the Comrllunity Energy Fund, now renamed tl)e Great British Energy Cominunity Fund and the expansion of fundii)g beyond Englan4J to ScotlatLd, Wales and Northern IiE1]d. Our coninLunity energy project played a leading role in the r¢s¢ar¢li ]d educatioii of coinmunity groups wid orglISatiOnS that triggered cross-party support and advocacy in Parliam¢nt foT t1]e changes, T])e Trust further developed the kiiowledge of tlie benefits and challenges of community renewable eiiergy gen¢ration and 8upply* consts'uGtively collaboratillg with key se¢tor stakeholders. Tlie Trust educated and empowered tlie public to advocate ¢ff¢Gtively and engaged with relev¢nl poliGyillakei's. Fiiianeial review The Trust ii)¢urred a small deficit of £2,51 I for the year elided 31 st M&'¢h 2025. During the year the Trust used its resources to thnd meagur¢s as d¢tailed in it5 oharitable objective5, uiJd¢rtaking fuither study. The trustees consider that the reserves al'e at pregent sufficient for tbis purpose. At pitsent all monies ar¢ held tn the Ti'ust's b]k a¢¢oiint. PraAelpolJunding sourcds The main sources of in¢om¢ was froin gi'ants in¢luding the following grants of £10,000 or more,. Garfield Weston Foundation - £10,000 The Joseph Rowntree Ch'itable Triist- £12.500 Tbe Marinot Charfttable TTUSt - £16,000 The Big Give- £15.OOQ Truste¢s alld officers The trustees and officers serving durii]g d)¢ year and siiIGe the year end were as follows: Trustees.. Andrew J Warren (Resigned 2 June 2025) Martyn Williams Tanya Kenny Syed Ahmed Chairman". Andrew J Warren (Resigned 2 June 2025) Martyn Williams Secretary: Ronald Bailey (Resigned 2 June 2025) Steph¢n Anthony Sbaw (appointed 2 June 2025) Structll governance and m&nagement Nature ofgoverKing df>cumenl The Trust is governed by its Memoi'andum & Articles of Association ag am¢nded on 5 April 2002. Page 3
The Poverty and Environment Trust Trusteesl Report RecruilmeRI and appoln¢pn¢nt of trustees Truste¢s ar¢ elected iii aGGordance witli ili¢ M¢moMidui]] & Articles of Association as amended on 5 April 2002. Organijalional structure Tlie Trust is nianaged by tliree trustees who have experien¢¢ in tlie fields of aGtivity cov¢r¢d by th¢ TnJsL and mwiageni¢iit of sucli projects. Tlie day-to-day 84Ctivities are carried out by die Company Secretary, who r¢ports to the trustees and, in between In¢¢tings. to the Cbair of the Trust. Tlie Chair. Mr Willianis is a fomier employee of Friends of the Ewth. Mr Ahmed is Director of the Parliamentary Renewable and Sustainable Energy Group (PRASEG), Policy AdNrysor to the Gr¢en Gas Certifi¢atioD Scheme (GGCS). Cliair of R¢powering Londoll ana a ts'ustee of National Energy ActLOlI' Ms Iceniiy is External Affairs Officei. at Demand Logic. Ststement of trustees, respon$ibililies The trustees {who are also the dii'ectors of The Poverty and Environment Trust for the pui'poses of company law) are responsible for preparing th¢ trustees, report and the fEnanGial stateinents in a¢wrdan¢¢ witli applicable law and Uijited Kingdom Accoulltii st]dards (United Kingdorn Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting St]dard applicable in tlie UK and Republic of Ireland" Cornpany law i'equll'¢S th¢ trustees to pi'epare financial ststenients for each financi year. Under CoMpY law the trustees must nol appiDve the financial staten]ents imless are satisfied that th¢y giv¢ a ti'ue and £8ir vÈew of the state of aIrS of the Gliaritable company and of the incoming resources and application of resoui'ces, including its incoiile and expenditiire, of the charitable company for that period. In prep.Ing these financial statements, the trustees are required to: select siiitable accounting policies and apply them consistently. observe the methods and principles in tl)e Charities SORP. make judgements )d estitnates that are rcasonable alld pnident; state whether applicable accounting standards, comprising FRS 102 have b¢¢n followed, SLLbject to any matsrAal departures disGlosed and explained in the financial itatetnents,. and prepare the financial statements on the goii)g ¢on¢¢nJ basis unless it is inappropriate to preswne that tlie charitable CoMp]Y will continue in business. Tlie trustees are r¢spon5ibl¢ for Iceeping proper a¢couiiting record5 tliat c] disclose with reasonable &ccuracy at iy tiine the financial positioii of the charitable cotnpajjy and enable thein to ensure thal the financia] statements Tnply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitabl¢ coinpaiiy &id hence for taking reasonable steps for the prevention and dete¢tioii of fraud aiid other irregulwilies. Th¢ trustees are Tesponsible the maintenallGe and integrity of the corpornte and fiFianciaJ iiiformation included on the charitable coinpany's websits. L¢gisl&tion governing the preparation and dissemination of fll)ancial statements may differ fill legislation in other jurisdictions. Page 4
The Poverty and Environment Trust Trustees, Report The annual report was apptYTrv¢d by th¢ trustees of the obarity on 2 December 2025 and signed on its behalf by: Mw Majtyll Williams Chairn]an and Tiiistee P&ge 5
The Poverty and Environment Trust Independent Kxaminer's Report to the trustees of The Poverty and EnvironmeDt Trust ('the Company,) I report to the chaTity trustees who are also Directors for the purpose of company law} on iny eXninatIon of the accouiits of The Poverty and Enviroiinient Trust for the ye. ended 31 March 2025 which comprise th¢ Statement of Financial Activities, the Balance Sheet and related notes. This repc>rt is made solely to the charity'5 ttees, as a body, in accordallce with sectioii 145 of tlie Charities Act 2011. My work has been undei'taken so that I might state to the chity'S ttustees those mattel's I am requii'ed to stste to them in this i'eport and for no otl)ei' pui'pose. To the fiillest extent pei'mitt'ed by law, I do not accept or assiune Tespoi)sibility to anyon¢ other than the charity a)d tbe cbarity's truste¢s as a body for llry work, for this report, or for the opinions I have formed. Responsibilities and bxsis of report As the charity's tSteeS of the Company (and also its directors for the purposes of company law) you are responsible for the pr¢paration of th¢ aOuntS in a¢¢oi'dan¢e with th¢ requiren)¢nts of tlic Conip8ni¢s Act 2006 ('the 2006 Act,). Haviiig 5at15fi¢d iiiyself that tlie accounts of the Company aye not r¢quired to be audited under Part" 16 of the 2006 Act and are eligible for independent exaÉnination. I report in respect of my ¢xaiJ)inatiOll of your chaTÉty'& accounts as carried out uiider sectioii 145 of Ilie Charities Act 2011 ('tlie 2011 Act'}. In ClI]g out my examinatioii I ljave follow¢d tlie DireGtion8 given by tlie ChaTity Conimissioii under seGtioii 145{5Xb) of the 2011 Act. Jndepeiident examiner's stAtement I have coiiipleted my exatnination. I confir1 that no matters have come to my altention in connection with the examinatioii giving me cause to believe: accoiinting records weir not kept in respect of The PoY¢rty and Envii'onm¢nt Ti'ust as required by section 386 of the 2006 Act. or 2. the accouiits do not accord with tliose reciyrd8' or .3. tlie aocounts do not comply with tlie accountiiig i'equirements of section 396 of the 2006 Act othei. th4n ar]y T¢qULI'ement that the accounts give a 'true and fair view, which 15 not a matter considered part of an independent examiiiation. or 4. tl)e aetounts liave iiot been prepared in Accordance with tlie metliods and principles of tlie Statement of Reco]nmended Practice for aGcounting and reporting by ch-[tieS [applicable to charities preparing their accounts in accordance with the Finallcial Reporting Standard applicable in the UII and Republic of Ircland (FRS 102)]. I have iio CDncerDs and have coine across no otlier niatters in CDniiectioii with the examination to which attention should be drawn in tl)i8 report ID order to enable a proper understanding of the accowiÉs to be reached. P&ge 6
The Poverty and Environment Trust Independent Examinerls Report to the trustees of The Poverty and Environment Trust ('the Company,) Clive Robert Purdy Cliartered Accountants and Registered Auditors Institute of Chte1'ed Accountants in England and Wales ( ICAEW) Bellefteld House 104 New Lolidon Road Clielmsford Essex CM2 ORG 2 December 2.025 An independent examination does not involve gathering a]1 the evid¢n¢e that would be required in at] audit and conseqiiently does not cover all the m&tt¢r5 that an aiiditor coiisiders in giving their opinioii on the financia] stateinents. The planning and Gondii¢t of an audit goes beyond th¢ lii]]ited assui"&n¢¢ that an independent exwnii)atioii can provide. Coiisequently I express no opinion as to whether th¢ fiiiwicial statements present a 'true and faiv view ]d my report is liinited to those specific matters set out iii the iiidependent examiiier's statemeiit. Page 7
The Poverty and Environment Trust Statement of Financial Activities for the Year Ended 31 March 2025 (Including Income and Ei xpenditure Account ) Unre$tri¢ted fuiids Restrieted funds Total 2025 Notr Income from: Doiiations and l¢ga¢ies 73,976 73,976 Total InCne 73,976 73,976 Expendlture on: Raising funds Clwitable activities 114,600} 61,887 (14,600) 61,887 Total expeiiditure 76,487 76,487 Net expeiiditure (2,511) 12.511) Net inoveinent in funds (2,511) 12,511) Reconelliatlon of funds Total fuiids brought fotward 423 54.793 55,216 Total funds GarTied forward 13 423 Unmtricted funds 52,282 Restricted runds 52,705 Total 2024 Note tllcome ind EndowmeDts from: Donatioiis ]d legacies 396 177,521 177,917 Total llicome 396 177,521 177,917 < xpendtture on: Raistng fLmds Charitable activities (12,190} (138,027) (12,190) (138,027) Total expenditui'e {150,217) {150.217) 396 27,304 27,700 Net n]overnent in ndS 396 27,304 27,700 Reconciliation of fuud8 Total lld$ brought foi'ward 27 27,489 27,516 Total funds carried forwaTd The funds breakdown for 2024 is sljown in note 13. 13 423 54,793 55,216 The notes oil pgges l O to 16 form an integral part of these financial statetnents. Pag¢ 8
The Poverty and Environment Trusl (Registration number: 4190401) Balance Sheet as at 31 March 2025 2025 2024 Note Fixed 4ssets Tangible assets io 318 424 Current assets Debtors Cash at banlc aiid iii band 18,340 38.847 45,839 13,894 57,187 59,733 Creditsrs: Amounts fAlling due Ivithin one year Net current Assets 12 4,800 (4,941 52,387 54,792 Net assets 52,705 55,216 Funds of the charity: Resti'leted income funds Restiicted funds 52,282 54,793 Unrestricted income fund$ Unrestricted funds 423 423 To¢RI funds 13 52,705 55,216 For the fInancial year endiiig 31 March 2025 the charity was entitled to exemption from aiidit Ulldei- section 477 of the Companies Act 2006 iylating to small Gompanies. Dlleciors, responsibilities.. The memberg have not required the ch'Lty to obtain an audit of its a[cottS for the year in question in accord1C witli sectioii 476. and The directo &cknowledge their responsibilities for complying witl) th¢ r¢quirements of the Act witb respect to a¢counting records alld the preparatioii of awounts. The financial ststeiiients on pages 8 to 16 were appi'oved by the trustees, and aiithorised for issue on 2 D¢¢ember 2025 and 8igned on tlieir behalf by: Martyii Williains Chairmall 8nd Trustee The notes on pages l O to 16 form an integral parl of these financial gtateiiients. Page 9
The Poverty and Environment Trnst Notes to the Financial Statements for the Year Ended 31 March 2025 I Charity status Tbe charity is liinited by guarantee, inGoi'poTatsd in England, and Gons¢quently does not bave shwe capita]. Eac of the tNstees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the evellt of liquidation. The address of its regist¢red office i5- Devines Bellefield House 104 New Lolldon Road Chelmsford Essex CM2 ORG Tlie principal place of business is.. 5.7 Buck Street Lortdon NWI 8NJ Tliese fmancial statements wei'e authorised for issue by the trustees oi) 2 December 2025. 2 Aecounting policies Summary of significant Accounting policies and key accounting estimAtes Tlie principal accowitiiig policies applied iii the preparatioii of these finanGiaJ statements al'e set out below. These policies have b¢¢ii Consistently appli¢d to all tlie years presented, uiiless otherwige stated. Statemeiit of Complince Tlie financial statements have been prepared in accordance witb Accounting and Reporting by Charities.. ststement of Recoininended Praciice (applicable to charities pt'eparing their accounts in acGordanGe with the FinGIal R¢porting Standard applicable ill the UK and Republic of Treland (FRS 102)) (issiied in October 2019) (Charities SORP (FRS 102)), the Fiiiancial Repoilillg Standard applicable in tlje UK &id Republic of Ireland (FRS 102) and the Compwii¢s Act 2006, Basis ofprepxi'ation Tlie Poveity and Environnient Trust nieet5 the definiLioii of a public benefit ¢ntlty undei. FRS 102. Assets and liabilities are initially recognised a( historic Gost oi. transacl'ion value unless oth¢rwise stated in the relevant accounting policy notes. Going concern Tlic trustees ¢onsider tliat there are no tnaterial uiicertainties about the charivs ability to continue a going oncern Jior any sigllificant areas of uncertainty tltht affect the ¢arryiiig value of assets held by the Gliarity. Income and endowments All in¢oine is recognised once the charity has entitlell)ent t'o the iiicome, it is probable that the income will be received and the amouLIt of the iiicome receivable can be ineasured reliabty. Page 10
The Poverty and Knvironment Trust Notes to Ihe Financial Statements for the Year Ended 31 March 2025 Donuliplls and Iggades Donations are recognised when the charity bas b¢¢n notified in writiiig of both the amouiit and settlen]ellt date. In the evfflit that a donation is siibject to conditions that require a level of performance by the charity before th¢ cliarily is ¢ntitled to tlie fuiids, di¢ ii)¢ome is deferred and iiot reColiSed until ¢itlJ¢r those wnditions are fully met, or the fulfjlment of those coiiditions is wliolly within tl)¢ ¢oDtrol of tlie charity aiid it is probable these conditions will be fulfilled in the I'eporting period. Grants rteélvable GrtS are recoliSed wlieii the charity has an entitlement to the llds and a]iy ¢oiiditions linked to the gr&lltS Iiave been met. Where perfonnance conditions are attached to tlie grant and are y¢t to be met, the income is i'ecognised as a liability and included on the bal]ce she¢t as d¢ferred inconie to be released. ExpeDditure All expeiiditure is recognised once there is a legal or constructive obligation to that expenditure, IÉ is probable settlemeiit is r¢quir¢d and tlie amoiint can be MsUr rfliably, All costs are allocated to tlie applicable expenditur¢ h¢ading that aggr¢8ate similar ¢osts to tliat category. Where costs canllot be directly attTibuted to particular headings they have been allocated on a basis consistent with the use of i'esources. Rftisingfunds These costs incurred in attracting volUntY income, the management of illvestn]ents and tliose inGurr¢d in ti'ading i¢tivities that raise fLd8, Cltariloble acltvities Charitable expenditure ¢oinprise8 those Costs incuNed by the charity in the delivery of its activities and services for its beneficiaries. It includes botb cost& that can be allocated directly to sucli activities and tlioge costs of an iiidirect natiire necessary to siippoi't them. Covernfinee costs These iiiGlude the Gost5 atlribulable to the ¢liarity'5 wmpliaiice witli ¢onstitLltÉonal and statutory requirements. tncluding audit, strategio managemellt ajid trnstees Meetings and reimbursed expenses. TAxAtion The charity is ci)nsidered to pass the tests set out in Pryaph I Schedule 6 of the Finance Act 2010 and tlierefore it iTteets the definition of a charitsble company foi. UI< corporation tax purpose5. AGGordingly, Ihe charity is potentially exempt froin tatIOn in respect of income or capit[41 gains r¢¢¢ived Mqthin categories covered by Cliapter 3 P.1 I l of the Corporation Tax Act 2010 or Seclion 256 OF tlie Taxation of Chargeable Gaiiis Act1992, to the extent that siich in¢om¢ or gains are applied exclusively to charitable purposes. TRngible fjxed assets Individual fixed assets are initially recoi'ded at C05t, less any 5ub5equent arcuJ)iiilated d¢pi'eciation and subsequent acGuinulatsd impairinent losses. Depreclation and amortisatio Depreciatioii is provided on tangible fixed assets 80 as to wrile off the Cost or valuation, less ]Y estimated residua] value, over their expected usefill econoini¢ life as follows.. Asset class Fixtures and fittings Deprecilltion method and rate 25 /0 reducing balance Pagell
The Poverty and Environment Trust Notes to the Financial Stalements for the Year Ended 31 March 2025 Trnde debtors Ttzde debtors are amounts due from custoiners for merchandise sold or Se1¢eS performed in the ordinY course of busiiiess. Trade debtoi's are recogiiised iiiitially at the transaction pric¢. They are subsequently mc&sured at OrtiSed cost usiiig die effective interest method, less provision for in]pairineiit. A provisioii for the impairment of trad¢ debtors is established when there is objective evideiice that the ch'[ty will not be able to ¢oll¢ct all nOunts due according to the origiiial terms of the receivables. Trade creditors Ti'ade creditors are obligations to pay for goods or servi¢¢s that have been ¥¢rqiiired in the ordinary course of busines5 fiDm suppliers. Accounts payable are classified as current liabilities if the charity does not liave an uncoiiditioiiaI rigbL at tli¢ eiid of the reporting period. to defer settlement of the creditor for at least Iwelve months after the reporting dale. If there is un¢onditioiia] right to defer settlenient for at least twelve months after tlie irporting date, they are presented as non-current liabilities. Ti'ade creditors are recognised initially al the transaction pi-icc ?d Subsequently m¢a5ured at amoi'tised Cost using the effective interest inethod. Flllld structure Unrestri¢t¢d illconie funds are general funds that. are available foi. use at the tteeS discretion iii ful]eranCe of t]Je objectives of Ilie cliaTity. Restricted incoine funds 'e those donated for use in & particular area or for specific purposes, the use of which is i'estricted to that area or purpose, 3 Income from donations, lega¢ies and grants UnrestriLÉcd funds General Restjicted funds Total funds Donations and legacies. Donatioiis Iroin individuals Graiits, includiiig capital grants. Grants fi'om oth¢i' Gharities 13.311 13,311 60,665 60,665 Total for 2025 73.976 73,976 Total for 2024 396 177,521 177,917 Pag¢ 12
The Poverty and EnviroDment Trust Notes to the Financial Statements for the Year Ended 31 March 2025 4 Expenditure on rRising funds A) Costs of generatirAg don8tions and leg#cies Total 2025 Toknl 2024 Costs of generatiiig donations &id le£acies 12,190 TDtal costs Dirttt cosÉs Total for 2024 12,190 12,190 Total 2025 Total 2024 Direct costs Costs of genei'ating doiiatioi]s aiid legacies 12,190 12,190 5 xpenditure on charit4ble activities Restricted funds Total 2025 Note Allocated support C4)$ts Govern8Jice costs 59,474 2,413 59,474 2,413 61,887 Restiicted fiinds 61,887 Total 2024 Note Allooat¢d support costs Gov¢manc¢ costs 135,254 2,773 135,254 2,773 13S,027 138,027 Page 13
The Poverty and Environment Trust Notes to the Financial Statements for the Year Ended 31 March 2025 Grant funding of activity 2025 2024 Siibcontt'actors Office exp¢ns¢s Depr¢ciation Other costs Bank charges Doimtions 59,354 59,354 121,068 1,896 141 2,627 22 9,500 135,254 106 106 14 14 59,474 59,474 Grant funding of activity 2025 Subcoiitractors Depreciation Banli charges 59,354 106 14 59,354 106 14 59,474 59,474 6 AnAtysis of governAnce and SUPPOTt Costs GoverDoll¢¢ tosts Restrict fuuds Total funds Independeiit exaininer fees Examination of the f]nancial sl'aternents Alloc3ted suppoi'l oost5 2,400 13 2,400 13 Total for 202S 2,413 2,413 Total for 2024 2,773 2,773 7 Trustses remuneration and expenses No trustees, nor any p¢rsons Gonn¢Gted with them. have irceived any reiiiuneratioii from the charity diiring the year. No trustees Iiave received any reimbursed cxpeiises or any other benefits from tlie cliarity dui'ii)g tlie Ye.. 8 Stalf costy Tlie charity has no einployees. Page 14
The Poverty and Environment Trust Notes to the Financial Statements for the Year Ended 31 March 2025 9 Independent examiner's remunerotion 2025 2024 Examination of the fman¢ial statements 2,400 2,760 10 Tangible fixed Assets Furniture and equipment Total Cost At l April 2024 At 31 Marcb 2025 1,004 1,004 1,004 1.004 Depreciation At l April 2024 Charge for the year 580 106 580 106 At 31 Marcli 2025 686 686 Net bookvalue At 31 Marcli 2025 318 318 At 31 March 2024 424 424 I l D¢btors 2025 2024 Accrued income Odier debl'ors 17,500 840 45,000 839 18,340 45,839 12 Creditois: amounts fAlling due witbin one year 2025 2024 Trade CTeditOiS AccalS 2,400 2,400 4,941 4,800 4,941 Page 15
The Poverty and Environment Trust Notes to the Financial Statements for the Year Ended 31 March 2025 13 Funds Balance At I April 2024 Incoming resources Resources expended Balance at 31 March 2025 Unrestricted funds General 423 423 Regtrlcted tbnds 54,793 73,976 (76,487) 52,282 Total funds 55.216 73,976 176,4871 52,705 Balance at I April 2023 Incoming resource5 Resources expended BAlance at 31 March 2024 Unrestricted fwid$ G¢n¢ral 27 396 423 Restricted funds 27,489 177,521 (150,217 54,793 Total funds 27,516 177,917 (150217 55,216 14 Analysis of D¢t a55ets betw¢eD funds Unrestricted funds Genernl Tot41 funds 8t 31 Mareh 2025 Restricted funds Tangible fjxed &ssets CuiTent assets CuiTent liabilities 318 49,770 {2,4QO) 318 57,187 2,400) 7,417 Toi'al nel assets 7,417 47,688 55,105 Unrestrietod funds General Total funds at 31 Mr¢b 2024 Restricted funds Tangible fixed assets Current agsets 424 52,3l7 424 59,733 7,416 Total nel asgets 7,416 52,741 60,157 Page 16