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2021-04-30-accounts

			Page
Legal and Administrative		Details
Report ofthe	Trustees		2to4
Independent	Examiner's	Report
Consolidated	Statement	of Financial Activities
Consolidated	and Charity	Balance Sheets
Notes to the	Consolidated	Financial Statements	8to 13

			The Renewable Energy F	The Renewable Energy F	The Renewable Energy F	The Renewable Energy F	The Renewable Energy F	The Renewable Energy F	ou	ndation
			Legal and Administrative							Details
			For the year			ended 30April 2021
Status			The organisation		is	a	company			limited	by	guarantee,	incorporated	on	6
			September 2004
Company	number		5222782
Charity number			1107360
Registered		office and	The Loose Boxes
operational		office	Phillips Lane
			Stratford-sub-Castle
			Salisbury
			SP13YR
Trustees			Dr C Bell —resigned		29June			2021
			CJ Davie
			Prof. M Kelly
			The Hon. A H	Joicey	—appointed				5July 2021
Company	secretary		CJ Davie
Director of		Operations	Dr John Constable
Bankers			CAF Bank
			25 Kings Hill Avenue
			Kings Hill
			West Mailing
			Kent
			ME194JQ
Independent		examiner	SJ L Ellingham	FCA	DChA
			Fawcetts LLP
			Windover House
			St Ann Street
			Salisbury
			SP12DR
Accountant			Mandy Kerley
			Accountancy	and Taxation				Services
			The Loose Boxes
			Phillips Lane
			Stratford-sub-Castle
			Salisbury
			SP1 3YR

					Unrestricted	funds
					2021	2020
					Total	Total
				Note	E	f
Income and endowments	from:
Voluntary Income
Donations and grants					72,551	76,873
Activities for generating		funds
Trading income						1,208
Fundraising events
Investment income
Total income and endowments					72,556	78,088
Expenditure on:
Costs ofgenerating funds:
Trading costs ofthe subsidiary					552	631
Raising funds						1,253
Charitable activities:
Direct costs ofthe Foundation					52,768	69,109
Total expenditure					53,320	70,993
Net income/(expenditure)/net		movement	in funds		19,236	7,095
Reconciliation offunds:
Total funds at 1 May 2020					23,156	16,061
Total funds at 30April 2021					42,392	23,156

			As at 30April	2021
				Group		Charity
				2021	2020	2021		2020
			Note	E	E	E		E
Fixed assets
Tangible	fixed assets		11
Investments			12
Current assets
Debtors			13	'1251		1,251
Cash at bank and		in hand		47,644	30,104	47,052		28,817
				48,895	30,104	48,303		28,817
Creditors: amounts		due within one year	14	6,503	6,948	33,696		33,648
Net current	assets/(liabilities)			42,392	23,156	14,607	(	4,831)
Net assets/(liabilities)				42,392	23,156	14,609	(	4,829)
Funds
Unrestricted	funds:	'	15	42,392	23,156	14,609	(	4,829)
Total funds			16	42,392	23,156	14,609	(	4,829)

This is stated	after charg	ing;
			2021	2020
			E	f
Depreciation
Independent	examiner's	fees	1,080	1,032

2021	2020
E	f

Incoming resources from generated	funds
		2021	2020
		E	E
Voluntary income
Donations		71,932	76,383
CAF —Give as you earn funds		619	490
Subscriptions
		72,551	76,873

in the company. Its trad	ing results, extracted from its accounts were:
		2021	2020
		f
Turnover			1,208
Cost ofsales
Gross profit			1,208
Administrative	expenses	552	631
		(552)	577
Other operating	income
Operating profit/(loss)		(552)	577
Charitable donations
Net profit/(loss)	for the financial year	(552)	577
Extract from Balance Sheet as at 30 April 2021:
Fixed assets
Net current assets		27,436	27,988
Net assets		27,436	27,988
Investment income
		2021	2020
		E	E
Bank deposit interest

8.	Analysis oftotal resources expended	Analysis oftotal resources expended	Analysis oftotal resources expended	Analysis oftotal resources expended
							Support
						Staff costs	Costs	Depreciation	Total	2020
					Note	f	f	f	f	f
	Charitable activities
	Direct costs ofthe		Foundation				52,768		52,768	69,109
	Costs ofgenerating		funds
	Trading costs ofthe subsidiary						552		552	631
	Fundraising	trading								1253
							53,320		53,320	70,993
9.	Direct costs	ofthe Foundation
									2021	2020
									f	f
	Insurance								90	1,087
	Travel expenses									5,236
	Bookkeeping								1,301	2,303
	Accountancy								1,030	960
	Telephone								1,103	1,269
	Postage and	stationery							570	97
	Other office	costs								52
	Research expenses								47,300	51,801
	Consultancy	fees								5,000
	Bank charges								294	272
	Depreciation
	Governance	costs							1,080	1,032
									52,768	69,109
10.	Governance	costs
									2021	2020
									f	f
	Independent	examiner's		fees					1,080	1,032
									1,080	1,032

Tangible fixed assets
	Group	Charity
	Fixtures and	Fixtures and
	fittings	fittings
Cost
At 1May 2020	2,570	2,570
Additions
Disposals
At 30 April 2021	2,570	2,570
Depreciation
At 1 May 2020	2,570	2,570
Charge for the year
Disposals
At 30April 2021	2,570	2,570
Net book value
At 30 April 2021
At 30April 2020
Investments
	Group	Charity
	Shares in	Shares	in
	group	gl'OUP
	undertakings	undertakings

Debtors
				Group		Charity
				2021	2020	2021	2020
				f	f	f	f
Amounts	owed by	group undertakings
Other debtors				1,251		1,251
				1,251		1,251
Creditors:	amounts	due within one year
				Group		Charity
				2021	2020	2021	2020
				f	f	f	f
Trade creditors				173	523	523	523
Amounts	owed to	group undertakings				31,093	31,093
Other creditors				3,790	3,832	40	40
Accruals and deferred			income	2,540	2,593	2,040	1,992
				6,503	6,948	33,696	33,648

Analysis of	net assets betwe	en funds
			Fixed	Net current
			assets	assets	Total
				f	f
Unrestricted	funds: general	reserve fund		42,392	42,392
Net assets at the end ofthe		year		42,392	42,392
Net assets at 30April 2020				23,156	23,156