Company registration number: 5821436
Charity registration number: 1120414
The Resurgence Trust
(A company limited by guarantee)
Annual Report and Financial Statements
for the Year Ended 31 March 2024
WESTCOTTS
CHAR TERÉD ACCOUNTANTS
& BUSINESS ADVISERS

The Resurgence Trust
Contents
Referen￿ and Administrative Details
Trustees, Report
2to15
Independent Examinerfs Report
16
Statement of Financial Activities
17
Balance Sheet
18to19
Statement of Cash Flows
20
Notes to the Financial Statements
21to35

The Resurgence Trust
Reference and Administrative Details
Trustees
Herbert Girardet
Christabel Reed
Ruby Reed
Sandy Brown
James Sainsbury
Stephanus Brenninkmeijer
Richard Baker
Josephine Amankwah
Satish Kumar
Secretary
Charity Registratlon Number
1120414
Company Registration Number 5821436
The charity is incorporated in England and Wales.
The Resurgence Centre
Fore Street
Hartland
Devon
EX39 6AB
Westcotts (SW) LLP
47 Boutport street
Barnstaple
Devon
EX31 1SQ
Registered Office
Independent Examiner
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The Resurgence Trust
Trustees. Report
The trustees, who are directors for the purposes of company law, present the annual report together
with the financial statements of the charitable company for the year ended 31 March 2024.
James Salnsbury. Chair of the Resurgence Trust .
.the message of Resurgence is moTr cmcial than ever. We humans are not separate from Natur8.
We are Nature. There is no distinction. We aro all made of the four elements of earth, air. fire and
W8ler. And all of Nature is alive, conscious and intelligent. We are all connected together. The
community of Resurgence is Unde￿inned by the interconnectedness and ￿latIOnShips, which are the
essence of life..
Alm obipctlves and
ovemance of The R
su
Trust
Alm
The aim of The Resurgence Trust is to foster a greater connection to Nature in order to enhance
personal wellbeing, support resilient communities and inform social change towards regenerative
societies that enrich rather than deplete our natural environment.
Values
Empathy and compassion,. regeneration and optimism,. integrity and justice.
Vision
A world in which individuals feel connection bebNeen mind and body, between self and community,
and between society and Nature. Society will have at its heart love of Nature and respect for the
Earth. We will appreciate fully that humans are part of Nature, and that being connected to Nature is
part of being human.
Need
We are living in a time of crisis. The driver of this crisis is disconnection. There is a disconnection
between natural systems and our economic systems at a global level. This is the primary Cause of
climate breakdown, biodiversity loss and soil damage. There is a crisis in mental health, often related
to a disconnection between mind and body, self and other. The solutions to these problems need to
be specific, but also at a large scale and shared worldwide. At every level, solutions are rooted in
rebuilding connections.
The Resurgence Trust understands that social and environmental transformation is an ongoing
process. It is a long journey of transformation that needs constant, step by step support. It is with this
understanding that we undertake all our work.
Objectives
The Resurgence Trust is an educational charity focused on environmentalism, environmental justice,
and social justice. The objectives of the Charity are to advance the education of the public in the
conservation, protection, and improvement of the natural environment globally, and in art, culture,
spirituality and human values, through messages of optimism, wisdom and empathy. Ecoliteracy is
urgent and necessary rf we are going to build resilient and regenerative human communities.
Universal: the Trust will educate the public in promoting a narrative about an abundant Nature
in which connections create resilient and resurgent ecosystems.
Nature.. the Trust seeks evidence from the natural sciences that supports the narrative that
connection is fundamental to Nature.
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The Resurgence Trust
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Humanity.. the Trust will educate the public about the vital and urgent need for reconnection
between human societies and Nature.
Economics.. the Trust will educate the public about economics and our economies, including the
limits to growth and the challenges of degrowth, to redress the failure of mainstream economics
to make the connection between economic growth and environmental damage.
Communities". the Trust will work to improve connections within and between communities,
beginning with our local community in Hartland.
Individuals: the Trust will be a knowledge centre for methods of finding personal connections as
individuals, including providing space for activities like meditation and Craft.
Methods
The Resurgence Trust meets its objectives as an educational charity through three primary methods..
Educating the public through the distribution of printed publications. primarily Resurgence &
Ecologist magazine.
Providing educational materials and information online, including at ww theecologist.org and
l￿W.resUrgence.0rg
Educating and engaging the public directly through provision of and attendan￿ at live events,
including courses, talks seminars and workshops, online and face to face
Inspiring and educating audiences around the world, our Global Ambassador Programme
support5 Satish Kumar, to speak on central issues of our time.
Metrics
We have identified measures that can give a robust and fair indication that we are meeting our aim
and objectives. We measure outputs, which are activities that we undertake because we agree that
these will further our aim and objectives. We set targets for an increase in membership. attendance at
events. and engagement with and participation in the projects of the Trust.
Structure
overnance and management of the Trust
The Charity is a company limited by guarantee and registered as at charity on 2nd August 2007.
The Charity established under a memorandum of association, which established the powers and
objects of the charitable company and is govemed under its articles of association.
The Trustees meet regularly to review the progress of the Charity and to make strategy decisions
regarding its future. The day-to-day operational activities of the Charity are delegated to staff.
The composition, size and skills of the Board of Trustees are regularly reviewed, and new Trustees
are sought where an opportunity to enhance the Board is identified. Vacancies for Trustees may be
advertised in the press or via other suitable avenues, or individuals may be identified by the Board. A
Trustee shall be appointed by a resolution of the Trustees.
A Trustee shall hold office for a tem of five years from the date of appointment, at the end of which
the Trustee shall retire but shall be eligible for reappointment.
Focus groups, committees and sub committees consisting of Trustees, staff and external parties may
be formed to undertake specific tasks. However, prior to implementation any actions recommended by
these groups are to be agreed by the full Board of Trustees and in accordance with the organisation's
governing documents.
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The Resurgence Trust
Trustees. Report
Th Resu
nceT
st:
eari
vi
Membership
resurgents.org
Our membership is open to anyone and currently The Resurgence Trust has around 6,000 members
in 62 countries. Members receive six copies of Resurgence & Ecologist magazine each year as well
as access to all the organisation's online and live events, including special memberfs events.
Members of The Resurgence Trust have free digital access to our timeless archive, which includes
every issue of the magazine from the past 57 years. This extensive collection provides a
contemporary and a retrospective analysis of the most pressing issues of our time and offers solutions
that have the power to create change.
Membership supports all the charity's programmes and educational work.
Resuryence & Ecologist magazine
Resurgence & Ecologist magazine has been in publication for almost 58 years and has been
described by The Guardian newspaper as the "artistic and spiritual flagship of the Green Movement."
It reaches an engaged readership in at least 62 countries with solution-based articles on the world's
environmental crisis,. offering words of hope, a sense of community and a voice for change that is
driven not by fear. but by a love of the Earth and its many life forms.
Under dynamic editorship and close teamwork. the beautifully illustrated magazine recognises the
interconnectedness of the crises we face. It seeks to inform and inspire a just and thriving future for
all, connecting readers with a diversity of visionaries, exploring nature and ecology, food and farming,
5Piritually and philosophy, social and environmental justice as well as ethical living. wellbeing, and the
arts.
In 2023-2024 there have been 6 issues of the magazine covering themes including 'Call of the Wild,,
'Finding Kinship,, 'Nature Positive Impact,. 'Navigating Climate Anxiety,, 'Hope & Enchantment,.
Authors come from all walks of life and bring different energies. perspectives and stories to the
magazine. This year amongst many, they have included Chandran Nair. founder of the Global
Institute For Tomorrow,. Turner prize winning artist Jeremy Deller.. B corps ambassador Marcello
Palazzi., Merlin Hanbury-Tenison, founder of the Thousand Year Trust,. Andrew Harvey, sacred activist
and global thought leader. Paul Evans, nature writer and broadcaster", GP Gemma Newman. founding
member of Plant -Based Health Professionals UK,. Annabel Heseltine, our founder Satish Kumar,
Ecologist editor Brendan Montague and sub editor Yasmin Dahnoun.
"Volumes of commendable, scientifiG papers are being published on ecology and sustainable
development. However, ResurgBn￿&Eco1oglst stands out. Its articles in simple language, poetlGS and
visuals talk to the readers. One can feel the organic flavour and hear the whisper of the leaves,
chi￿l￿g birds and waterfalls. Like love, it is an experience, an emotion above the mind. This makes
reading an immersive joumey. This is pethaps because the editor and the authors have a green and
compassionat9 heart. and the spin"t of a seer/yogi."
A.K. Jain, New Delhi -'Letters to the Editorf Resurgence & Ecologist Issue 340
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The Ecologist online
theecologist.org
The Ecologist online replaced The Ecologist magazine, which had been published in print since 1970,
and was relaunched as a website by The Resurgence Trust in 2006. The Ecologist website supports
and enhances the educational remit of the charity by providing Up-to￿ate, independent information on
environmental issues.
During 2023-24, The Ecologist online continued to publish high quality news and analysis content
every week, raising awareness of 8 broad range of environmental and social justice concerns, and
amplifying the voices of environmental campaigners and advocates. It continues to publish original
articles and focu5 on solutions-led content, whilst ensuring a diverse range of voices are heard and
represented.
The Ecologist programme's strategy is focussed on challenging the current economic growth
paradigm that is driving climate breakdown, conflict and biodiversity collapse and promoting
alternative sustainable and regenerative economic theories and policy initiatives.
This year website has published highly acclaimed journalism, informative articles from academics with
expertise in economics, and original articles from around the world. Themes have included Activism,
Biodiversity, Climate Breakdown, Economics and Policy, Energy, Food & Framing. Mining, Economics
and Policy, Energy. Food & Framing, Mining. It has been viewed, this year, by almost a million people
from more than 130 countries., Èt had 135,600 followers on X, and 34,000 subscribers to the Ecologist
newsletter.
July 2023 saw the conclusion of the online publication of the 'Megamorphosis' series by Professor
Herbert Girardet. This year long series of new essays, including titles 'Amazonia Ablaze,, 'Leverage
Points,, 'Biosphere and Technosphere, and ending with 'The future- what future?. engaged almost 17
thousand people.
Working in collaboration with the Schumacher Institute and supported by other Bristol based
organisations, the Resurgence Trust's Ecologist team organized an event, 'Small is The Future, in
June 2023. Over 350 people participated, almost 175 in person and a similar number online. A lineup
of 12 speakers on 4 panels included Dr Ann Pettifor, award winning activist Charlie Hertzog Young,
and Gareth Dale. An evening event 'Cinema Climatic, screened two films examining some of the
current conditions in the oil industry and the impacts of climate activism.
The Ecologist Writers, Fund, Continued to raise money from readers to pay contributors who would not
othe￿ise be able to conduct research and write for free, especially from communities experiencing
hardship and prejudice.
The Ecologist online holds a crucial place within the environmental movement - providing accessible,
accurate, independent, and high-quality journalism free of charge. In the coming years it will continue
to advocate for economic policies that deliver a regenerative and sustainable connection between
human societies and the natural world.
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Events
resurgenceevents.org
The Resurgence Trust organises a large number of workshops and events all of which, in different
ways, promote wellbeing, regeneration and the key values of The Resurgence Trust. Events provide
the Charity an opportunity to reach wider and more diverse audiences
People attending are leaming from them, being inspired, developing adion in their own lives and
sharing with others,. honouring the interdependence of the earth, the self and all living beings.
In 2023-24 the Resurgence Trust has held around 100 events with over 8000 attendances.
The annual Resurgence Summer Camp, in July 2023, welcomed over 100 people to share ideas for
a greener future, with talks, workshops, music, food, craft and poetry, bringing the ethos of
Resurgence & Ecologist to lrfe.
Our Members. Event held online in March 2024, with a meditation along with wisdom shared by
Satish Kumar and acclaimed storyteller Martin Shaw was a chance for members to conned face to
face and heart to heart. 287 members attended and the link to the recording was available to all
members after the event.
Our 2023 Festival of Wellbeing. hosted 10 international contributors and 245 participants, reaching a
worldwide audience, attended by around 250 people. Speakers who took part in this
thought-provoking and inspiring day including Pat Mccabe
Dine {Navajo) activist, artist and
ceremonial leader,. Jane Davidson - former Welsh minister for environment & education.. Asid Rehman
Executive director for War on Want,. Kalpana Arias - gardener, eco-futurist and Nowadays on Earth
founder.
Speakers in the monthly Resurgence Talks all have, in different ways, brought messages of hope
and encouragement to many attendees. atlracting over 450 people over the year. They have included
inspirational speakers including Helena Norberg-Hodge, Kim Samuel and Farah Obaidullah.
From November 2023. The Resurgence Trust started hosting monthly gentle, heartfelt Monthly
Meditations for Members presented by Satish Kumar. These have been very successful, connecting
with an average of 158 people worldwide each month.
Earth Festivals and Moon Meditations have continued in popularity, providing a voyage of guided
meetings, meditations and joumaling aligning participants with the seasons, phases of the moon and
a regenerative cycle of rest and renewal, release and reffection.
Events at the Resurgence Centre. providing educational opportunities and connecting people in the
local community in Hartland, Devon, UK, have expanded as reported below.
The Resurgence Centre
The Resurgence Centre is an example of a sustainable and carbon neutral building with solar panels,
rainwater harvesting and comprehensive insulation. It is now used regularly as a base for the
Resurgence team and for local events. The centre is a good example of sustainable building and
systems for visitors to learn from. The outside space has an organic wellbeing garden linked with an
accessible path which takes visitors from the car park through a gallery area and into the balconied
chapel. This provides easy access to our workshops & events, which have been growing in frequency
and attendance both in person and online using our well-equipped premises.
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This year we have increased the number and variety of a mixture of educational and therapeutic
events for both adults and children at the centre. The popular life drawing sessions continued and
there have been more family inclusive activities, including a wild food workshop and Children's music
session. An exhibition was held by a local artist in the centre before Christmas.
The Resurgence eco cottage welcomes visitors all year providing a simple retreat accommodating
visiting speakers and generating income for the Trust in the most environmentally friendly way.
Fundraising
The Resurgence Trust raises funds to support the work of the charity from a variety of sources,
including grants from trusts and foundations, and donations from individual supporters. The Trust also
receives legacy income and runs a number of fundraising events throughout the year, including the
Festival of Wellbeing which in October 2023 received generous sponsorship.
Satish Kumarfs Global Ambassador programme
Satish Kumar served as Editor of Resurgence magazine for over 40years. Since 2016 he has been
the Editor Emeritus and Global Ambassador of Resurgence Trust.
With his background in Gandhian philosophy, Satish brings the ideals of nonviolence and spirituality
to the global environmental movement. Satish constantly articulates and illuminates the vision and
values of The Resurgence Trust, which include global sustainability. spirituality and social hamiony.
This year his vital outreach work continued with Satish giving talks and participating in seminars,
nferences and workshops, giving interviews and making podcasts. He travels extensively. During
the year 2023-24, Satish has been hosting monthly meditations for members and his ambassadorial
programme continues worldwide. This year he has visited at least 10 countries. attending over 50
events. speaking to audiences totalling well over 7,000 people, including artists, creatives, farmers,
academics, entrepreneurs, senior EU civil servants, B Corps business leaders and impact investors.
Satish Kumar writes articles for each of the Resurgence & Ecologist magazine. His most recent book
'Radical Love,, was published in 2023.
The Resurgence Trust supports and organises his travel itineraries and facilitates his engagements
Financial Review
All the figures below have been rounded to the nearest 1K or 10A.
Our Management Team continues to navigate the challenges of the Current economic climate,
ensuring the financial resilience of our core programmes. For the year ended 31 March 2024 total
incoming resources increased by 7 % (£54K) though total resources expended also increased by 5 %
{£37K).
In 2023, while the number of UK donors decreased nationally, the overall amount donated to charities
saw an increase of ne8rly 100A. We are truly humbled by the unwavering support of our donors, as
The Resurgence Trust experienced a generous 10% increase in donations. This support reaffirms our
commitment to our aims. Our Management Team remains dedicated to hamonising the allocation of
funds across our programmes and is always seeking new partnerships and income streams to further
amplify our impact. We are detemiined to continue making a substantial drfference to the world
around us.
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Income from donations and legacies saw a 100/0 increase (£34K) (note 3). We extend our heartfelt
gratitude to Network of Wellbeing, Be The Earth Foundation, and the Tedworth Trust for their
continued support of our charitable objectives. During the year, we were fortunate to collaborate with
an independent fundraiser who shares our passion and commitment. Their invaluable contributions
have been instrumental in securing these increased funds.
We continue to be very grateful to receive £75K funding which is used to assist with the costs of
printing and distribution of Resurgence & Ecologist magazine and a further £50K to fund our core
programmes, including our promotion and outreach work.
Total income from charitable activities (note 4) increased by 1 /0 {£SK) during the year. This growth is
primarily attributed to the successful sales of books and our increased presence at festivals that align
with our values. While we experienced a modest 3Q/o decrease in membership income, we remain
committed to fostering a vibrant community of supporters.
Income from other trading activities saw a significant 190/0 increase {£8K) this year. This growth is
directly altributable to the popularity of our Elegantly Simple holiday accommodation and the growing
success of our online events {note 5).
Expenditure on charitable activities (note 9) increased by 50/0, primarily due to increased staffing
Costs.
Our support costs were broadly in line with last year with a small variance of 30A. Whist efficiency
savings are always preferred across all cost centres, some costs are outside our control. While we
continually strive for efficiency in all areas, certain costs, such as premises expenses. are beyond our
control. For instance. the national energy crisis led to a significant 540/. (£6K) increase in these costs.
As a result of these factors, net incorning resources for the year were £38K, an increase of 75°/0.
At the year end. total funds carried forward had increased by 4°/0 (£38K). However, it's important to
note that 810/0 of these funds are tied up in land and buildings (note 18).
Despite the ongoing economic challenges, we are pleased with the Trust's overall financial
performance for the year. However, we remain vigilant and recognise the potential for future
uncertainties. The Trust remains steadfast in its mission, carefully deploying limited resources to
maximise impact. We continue to actively explore potentially new revenue streams and expanding our
reach to ensure our Vol￿ is heard on a global scale. The unwavering commitment and enthusiasm of
our staff and Trustees are our g￿atest asset. Their skills. knowledge, and dedication empower The
Resurgence Trust to make a lasting difference. While our established base in North Devon provides a
solid foundation, we recognise the perception challenges associated with our high level of illiquidity.
We continue to actively engage wtth potential funders and donors who share our long-term vision for a
better world.
Policles
The Resurgence Trust operates a wide range of policies that exist to facilitate the effective running of
the organisation. A summary of our main policies and their purpose is set out below.
Reserves policy
The Resurgence Trust operates a risk-based reseNes and investment policy developed to mitigate,
as far as possible. identifi'ed risks relating to reserves and investment in the following four areas..
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Short-temi cash management - planning investments to ensure that sufficient liquid funds are
available to meet obligations when they become due.
Medium-temi cash management
'resilience'. Unrestricted reserves will be maintained at a
level considered adequate to ensure the operation of the Charity in the face of unexpected
adverse events or beneficial opportunities. The organisation looks to hold unrestricted reserves
in the band of 3 to 9 months of expenditure, ideally aiming towards the middle of the range.
Deferred income - ensuring that income is not recognized before any obligations associated
with the income are discharged.
Investment - ensuring that investments are appropriate in terms of risk, returns and ethical
principles
Restricted reserves are determined by projects. Funding for those projects, alongside the timing of the
expenditure, are outside the control of the Trustees.
Public Benefit
Trustees are aware of the Charity Commission guidance on Charity and Public Benefit and confirm
that they have complied with the duty in Section 17 of the Charities Act 2011 to have due regard to it.
They consider the full information contained in this annual report about the Trust's aims. activities and
achievements, demonstrates the benefit to the Public, that arise from those activities.
Investment policy
To mitigate the risks of inadvertently supporting organisations whose operations or principles conflict
with The Resurgence Trust's ethos, and to minimize financial losses from inappropriate investments,
the Trust currently limits its investments to fixed-temi deposits in interest-bearing accounts with
Triodos Bank.
While the Trust seeks to maximise returns on its investments, ethical Gonsiderations will a￿ayS take
precedence. Professional advice will be sought to inform investment decisions.
Risk management policy
To safeguard the wellbeing of our charity and its stakeholders, we assess and manage the risks we
face. While it's impossible to identfy every potential risk, our risk management policy focuses on
identifying and addressing those that could have significant adverse consequences.
This policy provides a framework for:
Identifying risks= Recognising potential threats to our charity.
Assessing risks.. Evaluating the likelihood and impact of identified risks.
Developing response strategies.. Implementing appropriate measures to mitigate or eliminate
risks.
Monitoring and revlewing: Continuously monitoring risks and updating our response
strategies.
Asslgning responsibllltles: Clearly defining who is accountable for risk management.
A dedicated subcommittee, reporting to the Board of Trustees, oversees this ongoing risk
management process.
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Identified principal risks and uncertainties-.
Rlsk
Potential impact
Mitlgatin
actlons
Failure to comply with
legislation and
regulations
Fines and penalties
Appropriate staff training
Reputational damage
Obtaining external professional advice
Retention of appropriate records and
communications. including the
minutes of meetings
Annual independent examination of
financial statements
Inadequate cash flow
Inability to meet obligations as
they become due. leading to
possible
• suspension/loss of services
(e.B- Utilities)
breach of contracts
inability to fulfil objectives
• loss of Boodwill/reputation
Production of budgets and cash flow
forecasts to identify funding
requirements
Regular management reports
presented to senior staff and at
Tru5tees' meetings
Adherence to reserves policy.
including the establishment and
maintenance of a 'resilience reseNe'
Insufficient fundraising
Inability to meet financial
obligations
Production of cash flow forecasts to
identify funding requirements and
ensure sufficient liquid funds
Loss of key staff
Regular management reports to
enable early detection of problems to
allow planning time
Inability to meet objectives
Maintaining good relationships with
key funders
Continual focus on decreasing reliance
on donations by increasing revenues
from sustainable charitable activities
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Declining membership
numbers and
associated income from
core charitable
activities
Inability to meet financial
obligations, due to redU￿d
income
Reviewing charitable activities to
ensure that they align with our
objectives
Reduced relevance of the
organisation
Employing an outreach and
promotions officer
Failure to achieve objectives
Development of partnerships with
other organisations
Corruption/loss of data,
including our
membership database
Extreme disruption; very
difficult to recreate from other
sources
Onsite and offsite backups
Support contracts in place with
software providers
Impossibility of
communicating with members
High loss of goodwill from
members
Monthly review of risk register and
update of controls and risk scores as
required
Changing and emerging
risks
New risks emerge or the
profile of existing risks alters.
leading to insufficient
management controls
Regular review of the latest
Government Guidance
Staff to report new risks as identified
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Remuneration policy
Remuneration of staff members is based on an adopted set of objectives and principles, a summary
of which is set out below.
Attracting and retaining - remuneration should be set at a level suitable to attract and retain
staff of suitable skill levels and experience relative to the position held.
Equity - remuneration levels should be seen as fair.
Discrimination
the organisation will adhere to all statutory requirements as set out in
employment law and the Equality Act 2010.
Ethics and acceptability to stakeholders - low remuneration may be seen as exploitative and
therefore unethical, but high remuneration may be seen as excessive and an inappropriate use
of Charity funds.
Financial sustainability the ability of the organisation to meet future obligations must be
considered when setting levels of remuneration.
Disclosure and tran5paren¢y
requirements.
all disclosures will be made in accordance with statutory
For recruitment of senior posttions, the remuneration package and job description will be approved by
the Trustees prior to commencing ￿crUitment. Members of the Board of Trustees may fomi part of the
interview panel.
For recruitment of junior or temporary positions, the authority for establishing the job description and
setting remuneration levels will be delegated to senior management, following the objectives and
principles above.
No person may set their own remuneration. Employees may discuss and negotiate remuneration. but
the final decision must atways rest with the Trustees, or with senior management where authority has
been delegated.
Senior management is authorised to make inflation-related amendments to employees, remuneration
levels and changes to employees, working patterns. Other changes must be authorised by the
Trustees.
Any changes to remuneration packages must be consistent with the objectives and principles set out
above.
Conclusion
The Resurgence Trust is an educational charity and global community that connects, informs, and
inspires positive change by honouring the interdependence of the Earth, the self and all living beings.
With members in 62 countries, the Resurgence Trust has continued its vital role as a voice of many
change-making organisations and ecological communities, sustaining tts service to the Green
movement for well over 50 years.
The Resurgence Trust has successfully delivered its charity aims and objectives through its 4 main
programmes.. Resurgence & Ecologist magazine. The Ecologist, Resurgence's programme of events
delivered in person and online and Satish Kumar's Global Ambassador programme.
Across these programmes The Resurgence Trust has provided environmental education to a growing
and engaged global audience, presenting infomiation and analysis on global issues and ideas for
change, as well as hope and inspiration to the Resurgence community and beyond.
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This year the charity has enhanced its programme of environmental activity, whilst maintaining a solid
financial base. The Trustees are satisfied that The Resurgence Trust has fulfilled the objectives of the
Charity over this period
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Looking foN4ard
The Resurgence Trust aims to continue fostering a greater connection to nature in order to enhance
personal wellbeing, support resilient communities and inform social change towards regenefative
societies that enrich rather than deplete our natural environment.
With all our work. we know that marketing is key, and we will continue our drive to engage more
people with our work in a variety of different and innovative ways. Our engagement and collaboration
with others are essential in this area and with our new Marketing Manager we are developing some
new ways to take this forward. In particular we are developing our social media policy and focusing on
new ways of showcasing our content on social media platforms in better ways than we have done
before and creating new content from the core of the mag&ine, including videos from authors and
contributors. Our editing and marketing team have worked together to present a new 'ln Conversation,
feature where our editor interviews some of the magazine's contributors. This will continue and is
available and sent out online.
Constantly reviewing our events programmes, including content. price and frequency is important. In
January 2024 we made the decision to make the Resurgence Talks free for everyone to attend. This
has been a successful strategy, and the number of attendees has risen dramatically, as well as the
donations. Many more people are now engaged and leaming from what we offer, and we hope to see
this continuing to grow. Locally, with more use of our Resurgence Centre, we have tried out different
and new workshops, exhibitions and events and are reviewing different type5 of music, dance.
creative and art events which bring new experiences for local people, meet our charitable aims and
are a good use of the space.
As we move towards the 60th anniversary of Resurgence in 2026, we plan to develop the website to
showcases the expansive work of The Resurgen￿ Trust as a whole. To ensure we make the best
use of the charity's resources we have carried out an initial consultation with staff and key personnel.
As part of the developments, we will introduce more video Content onto the site and prominently
feature the inspirational wisdom of Satish Kumar who founded The Resurgence Trust.
Ambassadorial support to Satish Kumar in his ambassadorial programme has become essential to
him continuing this vital leadership role and it will be essential to keep this role going to ensure
Satish's wisdom and learning can continue to be shared, as widely as possible, into the future.
Thanks
We would like to take this opportunity to thank all of our members for their ongoing support, our
Trustees for their guidance and dedication, and all the individuals and organisations whose kind and
generous donations have enabled The Resurgence Trust to continue its important work.
We value the support and goodwill of our members, supporters and Trustees equally. even though it
is not possible for us to thank every single one of you by name within this space.
Small company provislons
This report has been prepared in accordance with the provisions applicable to companies entitled to
the small company's exemption.
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The Resurgence Trust
Trustees. Report
Statement of trustees. responsibilltles
The trustees (who are also the directors of The Resurgence Trust for the purposes of company law)
are responsible for preparing the trustees, report and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards {United Kingdom Generally Accepted
Accounting Practice). including FRS 102 "The Financial Reporting Standard applicable in the UK and
Republic of Ireland" The report and accounts have been prepared in accordance with the provisions
in the Companies Act 2006 relating to small Companies.
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 its income and expenditure, of the charitable
mpany for that period. In preparing these financial statements, the trustees are required to-.
select suitable accounting policies and apply them consistently;
observe the methods and principles in the Charities SORP.
makejudgements and estimates that are reasonable and prudent.,
state whether applicable accounting standards, comprising FRS 102 have been followed, subject
to any material departures disclosed and explained in the financial statements., and
prepare the fi'nancial statements on the going concern basis unless it is inappropriate to presume
that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records that can 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.
The trustees are responsible for the maintenance and integrity of the corporate and financial
infomiation included on the charitable companws website. Legislation governing the preparation and
dissemination of financial statements may differ from legislation in other jurisdictions.
Small companies provision statement
This report has been prepared in accordance with the small companies regime under the Companies
Act 2006.
The annual report was approved by the trustees of t
behalf by..
charty on
Slii Iufr
and signed on its
James Sainsbury
Trustee
stephanus Brenninkmeijer
Trustee
Page 15

The Resurgence Trust
Independent Examiner's Report to the trustees of The Resurgence Trust {'the
Company,)
I report to the charity trustees on my examination of the accounts of the Company for the year ended
31 March 2024.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you
are responsible for the preparation of the accounts in accordance with th& requirements of the
Companies Act 2006 ('the 2006 Act,).
Having satisfied myself that the accounts of the Company are not required to be audited under Part
16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination
of your charity's accounts as carried out under section 145 of the Charrties Act 2011 ('the 2011 Act'}.
In carrying out my examination I have followed the Directions given by the Charity Commission under
section 145{5)(b) of the 2011 Act.
Independent examiner's statement
Since the Company's gross income exceeded £250.000 your examiner must be a member of a body
listed in section 145 of the 2011 Act. I confim that l am qualified to undertake the examination
because l am a member of ICAEW, which is one of the listed bodies.
I have completed my examination. I ￿nfi'rM that no matters have come to my attention in connection
with the examination giving me cause to believe:
1. accounting records were not kept in respect of The Resurgence Trust as required by section 386
of the 2006 Act.. or
2. the accounts do not accord with those records,. or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act
other than any requirement that the accounts give a 'true and fair view which is not a matter
considered as part of an independent examination., or
4. the accounts have not been prepared in accordance with the methods and principles of the
Statement of Recommended Practice for accounting and ￿porting by charities applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to
which attention should be drawn in thi5 report in order to enable a proper understanding of the
accounts to be reached.
Catherine Williams FCA DChA
Independent Examiner
Westcotts (SW) LLP
47 Boutport street
Barnstaple
Devon
EX31 1SQ
Date...).
Page 16

The Resurgence Trust
statement of Financial Activities for the Year Ended 31 March 2024
(Including Income and Expenditure Account and Statement of Total
Recognised Gains and Losses)
Unrestricted
funds
Restricted
funds
Total
2024
Total
2023
Note
Income and Endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investment income
other income
376,750
330.016
50,847
6.293
30,208
1,647
378,397
330,016
50,847
6,325
30,208
344,749
325,419
42,598
2,095
27,325
32
Total income
794,114
1,679
795.793
742,186
Expenditure on:
Raising funds
Charitable activities
other expenditure
Total expenditure
Net incomel(expenditure)
Net movement in funds
(11,284)
(735,120)
4,363)
(11,284)
(741,840)
4,363)
(10,072)
(709,450)
{822
(6,720)
10
750,767
(6,720
(757,487)
38,306
720,344)
43.347
5,041
21,842
43,347
(5.041)
38,306
21,842
Reconciliation of funds
Total funds brought fO￿ard
Total funds carried forward 24
1,019,133
7,897
1,027,030
1,065,336
1,005,188
1,027.030
1.062,480
2,856
All of the charity's activities derive from continuing operations during the above periods.
The funds breakdown for 2023 is shown in note 24.
The notes on pages 21 to 35 form an integral part of these financial statements.
Page 17

The Resurgence Trust
(Registration number. 5821436)
Balance Sheet as at 31 March 2024
2024
2023
Note
Flxed assets
Intangible assets
Tangible assets
17
18
920
989,589
990,509
1,104
1,001,602
1,002,706
Current assets
Stocks
Debtors
Cash at bank and in hand
19
20
21
13,284
70,286
323,395
11,187
69.045
275,915
406,965
356,147
Creditors: Amounts falling due within one year
Net current assets
22
332,138
331,823
74,827
24,324
Net assets
1,065,336
1,027.030
Funds of the charity:
Restricted income funds
Restricted funds
2,856
7,897
Unrestricted income funds
Unrestricted funds
1,062,480
1.019,133
Total funds
24
1.065,336
1,027,030
For the financial year ending 31 March 2024 the Charity was entitled to exemption from audit under
section 477 of the Companies Act 2006 relating to small companies.
Directors, responsibilities..
The members have not required the charity to obtain an audit of rts accounts for the year in
question in accordance with section 476., and
The directors acknowledge their responsibilities for complying wtth the requirements of the Act with
respect to a¢￿untIng records and the preparation of accounts.
These financial statements have been prepared in accordance with the special provisions relating to
ompanies subject to the small companies regime within Part 15 of the Companies Act 2006.
The notes on pages 21 to 35 fomi an integral part of these financial statements.
Page 18

The Resurgence Trust
(Registration number: 5821436)
Balance Sheet as at 31 March 2024
The financial statements on pages 17 to 35 were approved by the trustees, and authorised for issue
on ?li%l.Zk¥and signed on their behalf by..
James Sainsbury
Trustee
Stephanus Brenninkmeijer
Trustee
The notes on pages 21 to 35 fomi an integral part of these fi'nancial statements.
Page 19

The Resurgence Trust
Statement of Cash Flows for the Year Ended 31 March 2024
2024
2023
Note
Cash flows from operating actlvities
Net cash income
38,306
21,842
Adjustments to cash flows from non-cash Items
Depreciation
Amortisation
Investment income
Loss on disposal of tangible fixed assets
8,10
8,10
27,150
184
{6,325)
4,363
33,323
(2,095)
822
63,678
54.076
Working capital adjustments
Increase in stocks
Increase in debtors
Increasel{decrease) in creditors
Decrease in defer￿d income
19
20
22
{2,097)
(1,241}
10,409
(10,094
(6,384)
(2,880)
(13,661)
23,745)
Net cash flows from operating activities
Cash flows from investFng activities
Interest receivable and similar income
Purchase of tangible fixed assets
Net cash flows from investing activities
Net increasel{decrease) in cash and cash equivalents
Cash and cash equivalents at 1 April
Cash and cash equivalents at 31 March
60,655
7,406
6,325
19,500)
2.095
(23,255
18
13,175
21,160)
47,480
{13,754)
289,669
275.915
323,395
275,915
All of the cash flows are derived from continuing operations during the above two periods.
The notes on pages 21 to 35 form an integral part of these financial statements.
Page 20

The Resurgence Trust
Notes to the Financial Statements for the Year Ended 31 March 2024
1 Charity status
The charity is limited by guarantee, incorporated in England and Wales, and consequently does not
have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards
the assets of the charity in the event of liquidation.
The address of its registered office is:
The Resurgence Centre
Fore Street
Hartland
Devon
EX39 6AB
2 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out
below. These policies have been consistently applied to all the years presented, unless otherwise
stated.
Statement of compliance
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 {FRS
102)) (issued in October 2019) (Charities SORP (FRS 102)), the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Basis of preparation
The Resurgence Trust meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are initially recognised at historical cost or transaction value unless othenNise stated in the
relevant accounting policy notes. The financial statements are prepared in sterling which is the
functional currency of the charity.
Going concern
The trustee5 consider that there are no material uncertainties about the charity's ability to continue as
a going concern nor any significant areas of uncertainty that affect the Carrying value of assets held by
the charity.
Judgements and key sources of estimation uncertalnty
The preparation of the financial statements requires management to make judgements, estimates and
assumptions that affect th8 amounts reported. These estimates and judgements are continually
reviewed and are based on experience and other factors, including expectations of future events that
are believed to be reasonable under the circumstances.
Page 21

The Resurgence Trust
Notes to the Financial Statements for the Year Ended 31 March 2024
Income and endowments
All income is recognised once the charity has entitlement to the income, it is probable that the income
will be received and the amount of the income ￿CeIVable can be measured reliably.
Donations and legacies
Donations are recognised when the charty has been notified in writing of both the amount and
settlement date. In the event that a donation is subject to conditions thal require a level of
performance by the charity before the charity is entitled to the funds, the income is deferred and not
recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly
wrlhin the control of the charity and it is probable that these conditions will be fulfilled in the reporting
period.
Legacy gifts are recognised on a case by case basis following the grant of probate when the
administratorlexecutor for the estate has communicated in writing both the amount and settlement
date. In the event that the gift is in the fomi of an asset other than cash or a financial asset traded on
a recognised stock exchange. recognrtion is subject to the value of the gift being reliably measurable
with a degree of reasonable accuracy and the tltle to the asset having been transferred to the charity.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is
probable settlement is required and the amount can be measured reliably. All costs are allocated to
the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot
be directly attributed to particular headings they have been allocated on a basis consistent with the
use of resources, wFth central staff costs allocated on the basis of time spent, and depreciation
charges allocated on the portion of the asset's use. Other support costs are allocated based on the
spread of staff costs.
Raising funds
These are costs incurred in attracting voluntary income. the management of investments and those
incurred in trading activities that raise funds.
Charitable activities
Charrtable expenditure comprises those costs incurred by the charity in the delivery of its adivities
and services for its beneficiaries. It includes both costs that can be allocated directly to such activities
and those costs of an indirect nature necessary to support them.
Support costs
Support costs include central functions and have been allocated to activity cost categories on a basis
consistent with the use of resources, for example, allocating property costs by floor areas, or per
capita, staff costs by the time spent and other costs by their usage.
Governance costs
These include the costs attributable to the charity's compliance with constitutional and statutory
requirements, including audit, strategic management and trustees meetings and reimbursed
expenses.
Page 22

The Resurgence Trust
Notes to the Financial Statements for the Year Ended 31 March 2024
Intangible assets
Intangible assets are stated in the Balance Sheet at cost less accumulated amortisation and
impaimient. They are amortised on a straight line basis over their estimated useful lives.
Tangible fixed assets
Individual fixed assets are initially recorded at cost, less any subsequent accumulated depreciation
and subsequent accumulated impainrent losses. Any tangible assets carried at revalued amounts are
recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation
and subsequent impairment losses. The land and buildings are revalued every 5 years.
Amortisation
Amortisation is provided on intangible fixed assets so as to write off the cost, less any estimated
residual value, over their expected useful economic life as follows-
Amortisation method and rate
100/0 Straight line
Asset class
Trademarks
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any
estimated residual value, over their expected useful economi¢ life as follows..
Depreciation method and rate
10/0 Straight line
100/0 reducing balance
10 % reducing balance
15% reducing balance
33.33 /0 Straight line
Asset class
Land and buildings
Plant and machinery
Fixture and fittings
Office equipment
Website
Stock
stocks are measured at the lower of cost and estimated selling price less costs to complete and sell.
Cost includes all costs of purchase. costs of conversion and other costs incurred in bringing the stock
to its present location and condition.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly
liquid investments that are readily convertible to a known amount of cash and are subject to an
insignificant risk of change in value.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees discretion in
furtherance of the objectives of the charity.
Designated funds are unrestricted funds eamiarked by the twstees for particular future projects or
commitments.
Restricted income funds are those donated for use in a particular area or for specific purposes, the
use of which is restricted to that area or purpose.
Page 23

The Resurgence Trust
Notes to the Financial Statements for the Year Ended 31 March 2024
Penslons and other post retlrement obligations
Contributions to defined contribution plans are recognised as an expense in the period in which the
related service is provided. Prepaid contributions are recognised as an asset to the extent that the
prepayment will lead to a reduction in future payments or a cash refund.
When contributions are not expected to be settled wholly within 12 months of the end of the reporting
date in which the employees render the related service, the liability is measured on a discounted
present value basis. The unwinding of the discount is recognised as an expense in the period in which
it arises.
Financial instruments
Classification
Financial assets and financial liabilities are recognised when the charity becomes a party to the
contractual provisions of the instrument.
Financial liabilities and equity instruments a￿ classified according to the substance of the contractual
arrangements entered into. An equty instrument is any contract that evidences a residual interest in
the assets of the charity after deducting all of its liabilities.
Recognition and measurement
All financial assets and liabilities are initially measured at transaction price (including transaction
costs), except for those financial assets classified as at fair value through profit or loss, which are
initially measured at fair value (which is normally the transaction price excluding transaction costs),
unless the arrangernent constitutes a financing transaction. If an arrangement constitutes a financing
transaction, the financial asset or financial liabilty is measured at the present value of the futu
payments discounted at a market rate of interest for a similar debt instrument.
Financial assets and liabiltties are only offset in the statement of financial position when, and only
when there exists a legally enforceable right to set off the recognised amounts and the charity intends
either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
Financial assets are derecognised when and only when a) the contractual rights to the cash flows
from the financial asset expire or are settled, b) the charity transfers to another party substantially all
of the risks and rewards of ownership of the financial asset, or c) the charty, despite having retained
some, but not all. significant risks and rewards of ownership, has transferred control of the asset to
another party.
Financial liabilities are derecognised only when the obligation specified in the contract is discharged,
cancelled or expires.
Page 24

The Resurgence Trust
Notes to the Financial Statements for the Year Ended 31 March 2024
3 Income from donations and legacles
Unrestricted
funds
Restricted
funds
Total
2024
Donations and grants
Legacies
Gift aid reclaimed
374,289
592
1,869
1,403
375,692
592
2,113
378,397
244
376,750
1,647
Unrestricted
funds
Restricted
funds
Total
2023
Donations and grants
Gift aid reclaimed
337,893
4,915
1,894
247
339,587
5,162
344.749
342,808
1,941
4 Income from charitable activities
Unrestricted
funds
Total
2024
Gift Aid tax ￿ClaImed
Book, magazine and other sales
Advertising
Event income
Membership subscriptions income
20,682
65,616
31,124
19,084
193,510
20,682
65.616
31.124
19,084
193,510
330.016
330,016
Unrestricted
funds
Total
2023
Gift Aid tax reclaimed
Book, magazine and other sales
Advertising
Event income
Membership subscriptions income
15,506
58,571
38,846
11,529
200,967
325,419
15,506
58,571
38,846
11,529
200,967
325,419
Page 25

The Resurgence Trust
Notes to the Financial Statements for the Year Ended 31 March 2024
S Income from other trading activities
Unrestricted
funds
Total
2024
Fundraising event income
Rental income - Small School Cottage
38,020
12,827
50,847
38,020
12,827
50,847
Unrestricted
funds
Total
2023
Fundraising event income
Rental income - Small School Cottage
33,344
9.254
33,344
9,254
42,598
42.598
6 Investment income
Unrestricted
funds
Restricted
funds
Total
2024
Bank interest receivable
6,293
32
6,325
Unrestricted
funds
Restricted
funds
Total
2023
Bank interest receivable
2.075
20
2,095
7 Other income
Unrestricted
funds
Total
2024
other income
30.208
30,208
Unrestricted
funds
Total
2023
Other income
27,325
27.325
Page 26

The Resurgence Trust
Notes to the Financial Ststements for the Year Ended 31 March 2024
8 Expenditure on raising funds
a} Costs of generating donatlons and legacies
Unrestrlcted
funds
Total
2024
Event costs
7,944
7,944
Unrestricted
funds
General
Restricted
funds
Total
2023
Event costs
8,651
27
8,678
9 Expenditure on charitable activities
Unrestricted
funds
Restricted
funds
Total
2024
Note
Magazine and website costs
Event costs
Staff costs
Allocated support costs
197,768
23,013
341,769
172,570
214
2,856
1,447
2,203
197,982
25,869
343,216
174,773
741.840
735,120
6,720
Unrestricted
funds
Restricted
funds
Total
2023
Note
Magazine and website costs
staff costs
Event costs
Allocated support costs
195,871
324,845
15,776
168,313
1,747
197,618
324,845
16,819
170,168
1,043
1.855
704,805
4,645
709,450
Page 27

The Resurgence Trust
Notes to the Financial Statements for the Year Ended 31 March 2024
10 Other expendlture
Unrestricted
funds
General
Total
2024
Loss on disposal of tangible fixed
4,363
4,363
Unrestricted
funds
General
Total
2023
Loss on disposal of tangible fixed
822
822
Page 28

The Resurgence Trust
Notes to the Financial Ststements for the Year Ended 31 March 2024
11 Analysis of governance and support costs
Support costs allocated to charitable actlvities
Total
2024
Total
2023
Bank charges
Sundry
Trade subscriptions
Repairs and renewals
Exchange gainsl(losses)
Training
Recruitment expenses
Travelling
Rates
Premises expenses
Insurance
Equipment hire
Telephone and fax
Printing, postage and stationery
Travel and subsistence
other services
Legal and professional fees
Independent Examiner's remuneration
Depreciation
5,956
2,112
12,536
24,693
115
178
919
5,589
929
16,082
4,444
1,228
5,839
2,935
1,569
55,080
4,895
2,340
27,334
5.269
1,641
10,250
36,005
1242)
36
541
1,894
881
10,944
3,694
1,421
5,312
3,783
632
48,884
3,387
2,329
33,507
170,168
174,773
12 Net incomlngloutgoing resources
Net incoming resources for the year include..
2024
2023
Depreciation of intangible fixed assets
Depreciation of tangible fixed assets
(Profit)Iloss on sale of tangible fixed assets held for charity's own
use
184
27,150
184
33,323
4,363
822
13 Trustees remuneration and expenses
No trustees, nor any persons connected with them, have received any remuneration from the charity
during the year.
No trustees have received any reimbursed expenses from the charity during the year.
Page 29

The Resurgence Trust
Notes to the Flnancial Statements for the Year Ended 31 March 2024
14 Staff costs
The aggregate payroll costs were as follows..
2024
2023
Staff costs during the year were:
Wages and salaries
Social security costs
Pension costs
312,748
24,077
6,391
343,216
298,381
20,099
6,365
324,845
The average head count of employees during the year was 18 {2023.' 16). The average number of
full-time equivalent employees during the year is analysed as follows-.
2024
No
2023
No
Editorial
Membership
Administration
Fundraising & events
PR & marketing
12
No employee received emoluments of more than £60,000 during the year.
15 Independent examiner's remuneration
2024
2023
Examination of the financial statements
2,340
2,329
16 Taxation
The charity Is a registered charity and is therefore exempt from taxation.
Page 30

The Resurgence Trust
Notes to the Financial Ststements for the Year Ended 31 March 2024
17 Intanglble flx8d assets
Patents,
trademarks
and licences
Total
Cost
At 1 April 2023
At 31 March 2024
1,840
1,840
1,840
1,840
Amortisation
At 1 April 2023
Charge for the year
At 31 March 2024
736
736
920
920
Net book value
920
At 31 March 2024
920
At 31 March 2023
1,104
1,104
18 Tangible fixed assets
Fixtures
and
fittings Equipment
Land and
buildings
Plant and
Website machinery
Total
Cost
At 1 April 2023
Additions
Disposals
At 31 March 2024
856,069
2,476
34.078
3.543
275
49,795
5,653
(2.179)
53,269
33,853
1,350
20,486
134,329 1,108,124
6.478
19,500
22,940
858,545
37,346
14,717
140,807 1,104,684
Depreciation
At 1 April 2023
Charge for the
year
Eliminated on
disposals
At 31 March 2024
8,561
7,834
18,973
29,003
42,151
106,522
8,551
2,768
5,123
1,396
9,312
27,150
(232
1,416
(16,929
13,470
(18,577
51,463 115,095
17,112
10,370
22,680
Net book value
At 31 March 2024
841,433
26,976
30,589
1,247
89,344
989,589
At 31 March 2023
847,508
26.244
30,822
4,850
92,178 1,001,602
Page 31

The Resurgence Trust
Notes to the Financial Ststements for the Year Ended 31 March 2024
Tangible fixed assets held at valuation
A formal valuation of freehold land and buildings was carried out by Stuart E M Smith, FRICS from
Underwood Wright Chartered SuNeyors as at 31 March 2022.
19 Stock
2024
2023
Raw materials and consumables
13,284
11,187
20 Debtors
2024
2023
Trade debtors
Prepayments
Accrued income
other debtors
9,534
16,629
30,373
13,750
70,286
15,308
12,191
30,744
10,802
69,045
21 Cash and cash equivalents
2024
2023
Cash at bank
323,395
275,915
22 c￿dItorS. amounts falling due within one year
2024
2023
Trade creditors
Other creditors
Accruals
Deferred income
13,939
216,674
14,027
87.498
4,075
220,178
9,978
97,592
331,823
332,138
23 Pension and other schemes
Defined contribution pension scheme
The charity operates a defined contribution pension scheme. The pension cost charge for the year
represents contributions payable by the charity to the scheme and amounted to £6,391 (2023
£6,365).
Page 32

The Resurgence Trust
Notes to the Financial Statements for the Year Ended 31 March 2024
24 Funds
Balance at
1 April
2023
Balance at
31 March
2024
Incomlng Resources
resources
expended
Transfers
Unrestrlcted funds
General Funds
Land, property, plant and
machinery
79,447
763,314
(732,904)
(8,954)
100,903
939,686
17,863
(750,767
8,954
930,777
1,019,133
763,314
1,031,680
Restricted funds
Marketin9 & Promotion
Course Tutoring
Youth Club Fund
Ecologist's Writers, Fund
213
5,569
1,359
756
(214)
(3,414)
(689)
(2,403)
6,720
23
2,178
676
1,649
7,897
1,679
2,856
Total funds
1,027,030
764,993
757,487)
1,034,536
Balance at
1 April
2022
Balance at
31 March
2023
Incoming Resources
resources
expended
Transfers
Unrestricted funds
General Funds
Land, property. plant and
machinery
44.206
740,225
(697,005)
{7,980)
79,446
950.374
18,667
715,672
7,980
939,687
994,580
740,225
1,019,133
Restricted funds
Marketing & Promotion
Course Tutoring
Youth Club Fund
Ecologist's Writers, Fund
621
6,628
1,469
1,890
10,608
(409)
(1,072)
(113)
(3,078)
4,672
213
5.569
1,359
756
13
1,944
7,897
Total funds
1,005,188
742,186
720.344
1,027,030
Page 33

The Resurgence Trust
Notes to the Financial Statements for the Year Ended 31 March 2024
Unres
cted fun
The land, property, plant and equipment fund represents the net book value of these assets as at 31st
March 2024.
Res
ri
ted fun
Marketlng & Promotion
The Charity is continually working on increasing its profile and has received monies specifically
for the marketing and promotion of the Resurgence Trust.
Course Tutoring
The Charity has received funds towards course tutoring
Youth Club Fund
These funds had been received towards youth club funding.
Ecologist's Writers, Fund
These funds have been received towards payments to authors for future articles.
25 Analysis of net assets between funds
Unrestricted
funds
General
Total funds
at 31 March
2024
Restricted
funds
Intangible fixed assets
Tangible fixed assets
Current assets
Current liabilities
920
989,589
404,121
(332,138)
1,062,492
920
989.589
406,965
(332.138)
1,065,336
2.844
Total net assets
2,844
Unrestricted
funds
General
Total funds
at 31 March
2023
Restricted
funds
Intangible fixed assets
Tangible fixed assets
Current assets
Current liabilities
1,104
1,001,602
348,250
331,823
1,104
1,001,602
356,147
331,823
7,897
Total net assets
1,019,133
7,897
1,027,030
Page 34

The Resurgence Trust
Notes to the Financial Statements for the Year Ended 31 March 2024
26 Relat8d party transactlons
During the year, The Resurgence Trust received donations totalling £80,000 (2023: £55,000) from the
Tedworth Charitable Funds which has a Trustee in common with the Resurgence Trust.
During the year The Resurgence Trust received a £1,000 donation (2023: £2,000) from the Network
of Wellbeing charity. Satish Kumar, the secretary of the Resurgence Trust is a Trustee in the charity.
During the year Trustees donated £10,000 to The Resurgence Trust.
Page 35