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
Statem￿lt 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 ACCOUnt￿t8 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 pu￿oseS 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 t￿d 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 cUrr￿lt 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 ParlIarnent￿Y 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, fr￿n 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-p￿tr 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 org￿lISatiOnS 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 CoMp￿Y 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 f￿ill 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 eX￿ninatIon 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 t￿￿tees, 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 ch￿ity'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 t￿SteeS of the Company (and also its directors for the purposes of company law) you are
responsible for the pr¢paration of th¢ a￿OuntS 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 C￿lI]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 Ch￿te1'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$tri¢ted
fuiids
Restrieted
funds
Total
2025
Notr
Income from:
Doiiations and l¢ga¢ies
73,976
73,976
Total InC￿ne
73,976
73,976
Expendlture on:
Raising funds
Clwitable activities
114,600}
61,887
(14,600)
61,887
Total expeiiditure
76,487
76,487
Net expeiiditure
(2,511)
12.511)
Net inoveinent in funds
(2,511)
12,511)
Reconelliatlon of funds
Total fuiids brought fotward
423
54.793
55,216
Total funds GarTied forward
13
423
Unmtricted
funds
52,282
Restricted
runds
52,705
Total
2024
Note
tllcome ind EndowmeDts from:
Donatioiis ￿]d legacies
396
177,521
177,917
Total llicome
396
177,521
177,917
< xpendtture on:
Raistng fLmds
Charitable activities
(12,190}
(138,027)
(12,190)
(138,027)
Total expenditui'e
{150,217)
{150.217)
396
27,304
27,700
Net n]overnent in ￿ndS
396
27,304
27,700
Reconciliation of fuud8
Total ￿lld$ 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[co￿ttS for the year in question in
accord￿1￿C 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 Compli￿nce
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
Fin￿GIal 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 reCo￿liSed 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
Gr￿tS are reco￿liSed 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 M￿sUr￿ 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 volUnt￿Y income, the management of illvestn]ents and tliose inGurr¢d in
ti'ading i¢tivities that raise fL￿d8,
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 t￿atIOn 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 Se￿1¢eS performed in the ordin￿Y
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 t￿￿teeS 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
Acc￿alS
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 M￿r¢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