Company registration number: 5821436 Charity reglstration number. 1120414 The Resurgence Trust (A company limlted by guarantee) Annual Report and Financial Statements for the Year Ended 31 March 2025 WESTCOTTS ¢HARTEREO ACCOUNTANTS & OUSINESS ADVISERS The Resuryence Trust Contents Referen￿ and Aaininistraiive Details Trustees, Report 2to15 Independent Examlnerfs Report Slatement 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 Trusts•s James Sainsbury Sandy Brown Richard Baker Josephine Amankwah-seagrim Herbert Glrardet Christabel Reed Ruby Reed Stephanus Brenninkmeijer Satish Kumar Secretary Charity Regtstratlon Number 1120414 Company Reglstratlon Number 5821436 The charlty is incorporated in England and Wales. The Resurgence Centre Fore Street Hartland Devon EX39 6AB Registered Office Independent Examiner Westcotts {SW) LLP 47 Boutport Street Barnstsple Devon EX31 1SQ Page 1 ## The Resurgence Trust ## Trustees’ Report _ The trustees, who are directors for the purposes of company law, present the annualeport-together -— with ine financial statements of the charitable company for the year ended 31 March 2025. ## James Sainsbury, Chair of the Resurgence Trust : “It is a great honour to serve The Resurgence Trust. This year, the charity has continued to inform and inspire transformation, nurturing a vibrant community of change-makers across the globe. As the climate emergency intensifies, the work of the charity, providing knowledge and wisdom with integrity and offering a voice of radical hope, becomes more important than ever. For nearly sixty years, Resurgence has been a catalyst for change, playing a pioneering role in shaping environmental awareness. As we move towards the 60th anniversary of the first publication of Resurgence magazine, we will continue to work towards our vision for a world in which humanity lives in harmony with nature, guided by compassion, empathy and wisdom.” ## Aim, objectives and governance of The Resurgence Trust ## Aim 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 between 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. Resurgence presents a vision of the future where economics enhances ecology, politics preserves peace, and democracy ensures social justice. It is a vision where humanity is at ease with itself and is in harmony with the natural world; a vision where spiritual fulfilment and material wellbeing are in balance, and science is in constant conversation with wisdom; a vision where political pragmatism is not in conflict with the culture of compassion; a vision where corporate responsibility is not an impediment to business success; a vision where social justice and economic equity are the backbones of national and international trade; a vision where human needs are met within the renewable resources of the Earth, and human rights are not in contradiction with the rights of Nature. It is a vision of wholeness, integrity and coherence of the Earth community, of which the human community is an integral part. Even though human civilisation is threatened by grave environmental crises and global warming, and many people are scared of impending catastrophe, Resurgence’s vision is not driven by doom and gloom: rather it is inspired and motivated by love of Nature, respect ~for-the-Earth,-reverence-for—all -life,-and-fairness—for_all_people,—believing_that_the_power_of_love_is_ greater than the force of fear and despair. Resurgence presents and promotes a positive perspective based on a foundation of optimism and hope. Page 2 The Resurgence Trust Trustees, Report Need We are living in a time of crisis. driven by 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 befvieen mind and body, self and other. The solutions to these problems need to be specific, but also at a large scale and shared worldviide. 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 joumey that needs constant, stepby-step support. It is with this understanding that we undertake all our work. Objectlves The Resurgence Trust is an educational charity focused on environmentalism, environmentsl justice, and social justice. The objectives of the Charity are to advance the education of the public in the consepiation, protection and improvement of the natural environment globally, and in art, culture, spiritualty and human values, through messages of optimism, wisdom and empathy. Ecoliteracy is urgent and necessary if 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. Humanity.. the Trust will educate the public about the vital and urgent need for reconnection between human socleties and Nature. Economics: the Trust wll 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 be￿een 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 crafts. Methods The Resurgence Trust meets its objectives as an educational charity through four primary methods: Educating the public through the distribution of printed publications, primarily Resurgence & Ecologist magazine. Providing educational materials and infomiation online, including at www.theecologist.org and www.resurgence.org and in a F)odcast series. Educating and engaging the public directly through provision of and attendance at live events. including courses, talks, seminars and workshops, online and in person. Inspiring and educating audiences around the world. Our Global Ambassador Programme supports Satish Kumar to speak on central issues of our time. Page 3 ## The Resurgence Trust ## Trustees’ Report ## 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, governance andmanagement[of][ the][Trust] The Charity is a company limited by guarantee and registered as a charity on 2 August 2007. The Charity was established under a memorandum of association, which details the powers and objects of the charitable company and is governed 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 term 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. ## The Resurgence Trust: a year in review ## Membership Our membership is open to anyone, and currently The Resurgence Trust has around 5,000 members in 66 countries. Members receive six copies of Resurgence & Ecologist magazine each year as well as access to all the organisation’s online and in-person events, including special events exclusively for members. Members of The Resurgence Trust have free digital access to our timeless archive, which includes every issue of the magazine from the past 58 years. This extensive collection provides both 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. ## Resurgence & Ecologist magazine ## www.resurgence.org ~~ ~~~ Resurgence & Ecologist magazine has been in publication for almost 60 years and has been ——~“described reaches anin TheengagedGuardianreadershipnewspaper-asacrossthethe“artistic-and-spiritual-flagship-ofglobe with solution-based articlesthe-green-movement”._It-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. Page 4 The Resurgence Trust Trustees. Report Under dynamic editorship and close teamwork, this beautifully illustrated magazine recognises the interconnectedness of the crises we face. It seeks to inform and inspire a just and thriving futur8 for all, connecting readers with a diversity of visionaries. exploring Nature and ecology, food and farming, spirituality and philosophy. social and environmental justi￿, ethical living, wellbeing and the arts. In 2024-25 the six issues of the magazine covered the themes of Threshold Places, Ocean Glories, Nature, our Teacher, Deep Listening, The Gifl of Life and Imagine. Contributors come from all walks of life and bring different energies, perspectives and stories to each issue. This year they have included, amongst many, Caroline Luc8S, the UK'S first Green Party MP., physicist and systems theorist Fritjof Capra,. ocean advocate Easkey Britton., Edward Davey, head of the World Resources Institute's Europe office: Gustavo Blanco, ctrfounder of a young team of Indigenous leaders restoring the sacred Uru Uru lake., Anton Rupke, the first chairperson of The Planetary Democrats: embroidery artist Hanny Newton,. and our founder, Satish Kumar. Hope Sprlngs podcast To amplify the themes explored in Resurgence & Ecologist magazine, we launched Hope Springs with Annabel Heseltine in September 2024. The podcast had a powerful impact, sharing inspiring conversations with people working on the frontline of the environmental crisis and exploring what drives them to achieve extraordinary things for the natural world. Across the ten episodes, featuring guests such as Christiana Figueres. Ruby Wsx, Satish Kumar and Mya-Rose Craig, Hope Springs reached listeners in over 25 countries, and in the six months from its launch until March 2025 it was accessed 6.304 times. By extending the msg8zine's rich content into sn accessible audio format, the series has deepened engagement with The Resurgence Trust's core values of empathy, regeneration, optimlsm and justice, while introducing new audiences to the Trust's work worldwide. The Ecologlst online theecologist.org The Ecologist, which first appeared as a print magazine in 1970, has been published online by The Resurgence Trust since 2012. The Ecologist website supports and enhances the educational remit of the Charty by publishing daily weekday news, analysis and comment on environmental. economic and social issues, supported by regular email nevrfsletters and by features in Resurgence & Ecologist magazine. It challenges the current economic grovrth paradigm that is driving climate breakdown. conflict and biodiversity collapse and promotes alternative sustainable and regenerative economic theories and policy initiatives. Throughout 2024-25. The Ecologist online continued to publish articles on a range of topics, written by contributors from around the world, raising awareness of a broad range of environmental and social justice issues, and amplifying the voices of environmental campaigners and advocates, ensuring that a diverse range of voices were heard and represented. Themes included activism, biodiversity, climate breakdown, economics and policy, energy, food and famiing, mining, conseNation and reforestation. The website was viewed by people from 136 countries during the year, with 35,223 subscribers to the newsletter by the end of March 2025. The Ecologist Wrlters. Fund continued to raise money from readers to pay contributors who would not otherwise be able to conduct research and write for free, especially those from communities experiencing hardship and prejudice. Page 5 The Resurgence Trust Trustees. Report he Eclo ogist" hlo ds a cruciallp *eéwithin"th¥environrnent-nTovement-, providing-accessible, aceurate, II Iu¥yFi iuri ii, I -lieTV4 - of cb.-..-. In •!?¢* COmiP.rt V¢*aro it will contTrini ie to advocatè for economic F)olicies that deliver a regenerative and sustainable connection between human societies and the natural world. In a world of misinformation, disinformation and Al-generated material, The Ecologist provides authoritative corrtent with editorial integrity. Events resurgenceevents.org The Resurgence Trust organises a large number of events that promote wellbeing, regeneration and the key values of The Resurgence Trust. Everrts provide the Charity with an opportunity to engage with the Resurgence community as well as reaching a wider and more diverse audience. Through these carefully curated events, which include talks, workshops and courses. attendees are leaming, being inspired and enriching their own wellbeing. Feedback is overwhelmingly very positive, with many participants reporting that they have gone on to make changes in their daily lives as a result. In 2024-25 the Trust held almost 100 events, and a total of 8,000 people attended. In July 2024, the annual Resurgence Summer Camp welcomed over 130 people to a ￿lebratiOn of onnection, community and change. grounded in the values and ethos of the Charity. Throughout the weekend. participants enjoyed a programme of talks. workshops, music, Nature writing, meditation, mindful walking, yoga, storytelling, and more. Our annual Festival of Wellbeing, held in October 2024, was attended by 309 people. The nine speakers included Craig Bennett, chief executive of The Wildlife Trusts, Gail Bradbrook. a co-founder of the social movement Extinction Rebellion, and scientist, professor and author Robin Wall Kimmerer. By bringing together diverse perspectlves from across the globe, the Festival demonstrated that the road to planetary regeneration and wellbeing requires us to reimagine how we relate to the people and the world around us. Our members, event, held online in March 2025 and hosted by Georgie Gilmore, with talks by Satish Kumar and chair of Wales Net Zero 2035 Jane Davidson, provided an opportunity for the 199 attendees to hear about the work of the Charity and connect with other members. The link to the recording of the event YRS made available to all members afterwards. The monthly online Resurgence Talks have all in different ways carried messages of hope and encouragement. with almost 1,500 tickets booked over the year. Speakers included conservation biologist Mika Peck., Danny Sriskandarajah, chief executive of the New Economics Foundation., educational researcher Melissa Glackin: perfumer Simon Constantine" Sebastian Di Martino. Director of Conservation at Rewilding Argentina,. and writer and broadcaster Manchan Magan. attracted over 300 people with his talk 'Listening to the land speak: the wisdom encoded in our lore, language and landscape.. The Resurgence Trust also hosts gentle, heartfelt moming meditations for members with either Satish Kumar or Georgie Gilmore. These have been very successful. connecting with an average of 174 people worldwide at the start of each month. Earth Festivals and themed meditations have continued in popularity, providing a voyage of guided meeting5, meditstions and journalling, aligning participants with Nature, the seasons, phases of the moon and a regenerative cycle of rest and renewal, release and reflection. Page 6 The Resurgence Trust Trustees. Report In addition to our online events, the programme of events held in person at The Resurgence Centre, Hartland has expanded. These gatherings bring people together to share new ideas and experiences, to learn, and to enjoy activities that enhance wellbeing. The Resurgence Centre The Resurgence Centre is an example of a sustainable and carbon neutral building with solar panels, rainwater harvesting and comprehensive Insulation. The well-equipped premises are now used regularly as a base for the Resurgence team and for local events. The outside space has an organic wellbeing garden linked by an accessible path that tskes visitors from the car park through a gallery area and into the balconied chapel, providing easy access to our workshops and other events. Locally, the Centre has been well used, with an increased number and variety of educational and wellbeing events, including our ongoing and popular life drawing sessions and exhibitions by local artists. The events team have put on more activities for local families, including seasonal foraging and cooking, as well as music and drama workshops. The venue is also available for hire, and events hosted by other individuals or organisations have included gong baths, a craft group for local V￿men, and world dance sessions. The comfortable and well-appointed Resurgence ec￿cottage welcomes visitors all year round and generates income for the Trust in an 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, donations from individual supporters, and legacy income. The Trust runs a number of fundraising events throughout the year, including the Festival of Wellbeing, which generated sponsorship income in October 2024. Satlsh Kumarfs Global Ambassador programme Satish Kumar served as editor of Resurgents magazine for over 40 years. Since 2016 he has been editor emeritus of the magazine. and global ambassador for The Resurgence Trust. With his background in Gandhian philosophy, Satish brings the ideals of nonviolence and spirituality to the global environment movement. He constantly articulstes and illuminates the vision and values of The Resurgence Trust, which include global sustainability, spirituality and social hamiony. Satish's vital outreach work has continued in 2024-25, with numerous talks and workshops and participation in seminars and conferences around the world. He also gave many interviews and was a guest on a number of podcasts. During the year, he visited more than ten countries, attending over 50 events and speaking to audiences totalling well over 7,000 people. Attendees included artists, creatives, famiers, academics, entrepreneurs, senior EU civil servants, chief executives of environmentsl organisations, B Corp business leaders. and impact investors. In addition to his regular articles in Resurgence & Ecologist magazine, Satish continues to write books. His most recent, Radical Love, was published in 2023. and a film of the same name about his life and work was released in 2024 and has been widely acclaimed. The Resurgence Trust supports and organises Satish's travel itineraries and facilitates his engagements, whether in person or online. Page 7 The Resurgence Trust Trustses. Report Financia l Revlew All the figures below have been rounded to the nearest 1 K or 10A. This year has been a journey of resilience and gratitude. For the year ending 31 st March 2025, our income grew by 50k {£42K), while spending rose by 50/0 (£39K>. We continued to take pride in our work. The Resurgence Trust has felt the deep kindness from its members and supporters. Every gift is 8 reminder of the shared vision we hold - a world rooted in care and connection. Donations and legacies Increased by 2% (£6K) (note 3). We are profoundly thankful to Network of Wellbeing, Be The Earth Foundation, The Waterfoo Foundation and the Tedworth Trust for being part of our story. We continue to work 8longsid8 an independent fvndraiser who has helped us secure vital support during the year. We remain deeply appreciative of the £75K that enables us to print and share Resurgence & Ecologist magazine, and the additional £50K that sustains our core programmes and outreach work. Income from charitable activities (note 4) increased by 6% (£21K), thanks to book sales and our continued presence at festivals that celebrate n8ture and creativity. Importantly, deferred membership income has been remov8d from the accounts SS it is not appropriate for our legal structure. This adjustment result8d in an increase of £58K to membership income (note 4), ensuring our reF)Orting reflects clarity and integrity. Trading income rose by 290h (£15K), driv&n by the growing popularity of our online events (note 5), which continue to connect people across the globe in conversations that matter. Charitable spending increased by 440A, reflecting our commitment to people and events-stsffing costs increased by £39K and event costs by £11K. Support costs stayed steady with only a 2% variance compared to last year. This increase refleds the care we take in maintaining the foundations that allow our work to flourish. The most notable change was in legal and profession81 fees, which grew significantly as we sought expert guidance to ensure our practices remain strong and aligned with our values. We also saw a rise In travel costs, a sign of our renewed commltment to meeting people face-to-face. sharing ideas, and nurturing community beyond screens. After all this, net incoming resources were £42K, a decrease of 9%, yet still a sign of strength in challenging times. Our year-end reserves grew by 40￿ (£41K), though 840h remains tied up in land and buildings (note 24) Through every challenge, our purpose holds firni: to nurture connectlon, inspire hope, and champion regenerative future. We will keep exploring new w8yS to sustain our work and share our message far and wide. The dedlcation of our team and Trustees is the heartbeat of this Trust, and together with our community, we will continue to plant seeds of change for generations to come. Policies 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. Page 8 The Resurgence Trust Trustees. Report Reserves pollcy The Resurgence Trust operates a risk-based reserves and investment policy developed to mitigate, as far as possible, identified risks relating to reseNes and investment in the following four areas: Short-temi cash management - planning investments to ensure that sufficient liquid funds are available to meet obligations then they become due. Medium-term cash management - 'resi1ien￿'. Unrestricted reserves will be maintained at a level considered adequate to ensure the operation of the Charity in the face of unexpected adverse everrts or beneficial opportunities. The organisation looks to hold unrestricted reserves in the band of th￿e to nine months of expenditure, ideally aiming towards the middle of the range. Deferred income - ensuring that income is not recognised 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, is outside the control of the Trustees. Public Beneflt Trustees are awsre of the Charity Commission guidan￿ on charities 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 that the full information contsined in this annual report about the Trust's aims, activities and achievements demonstrates the public benefit that arises from those activities. Investmént policy In order to avoid the identified risks of supporting. through investrnent, organisations whose operations andlor principles are not considered to coincide with the ethos of The Resurgence Trust, and to avoid financial losses through inappropriate investments, the only investments currently made by The Resurgen￿ Trust are fixed-term deposits in interest-bearing accounts with Triodos Bank. The Resurgence Trust will seek to obtain the best rates of retum for any investments. However, the rate of retum is considered to be of secondary importance to the ethical implications of the investment. Appropriate professional advice is sought Ythenever new investments are considered. Risk management policy We assess the rtsks that we fa￿, and implement procedures to manage those risks. in order to protect the wellbeing of our organisation and our stakeholders (i.e. those who can affect or be affected by the actions of our organisation). While it is impossible to identify every risk that our organisation faces, the purpose of our risk management policy is to identify those risks that expose our organisation to potentially significant adverse cOnsequen￿s. or 'major risk5'. Page 9 ## The Resurgence Trust ## Trustees’ Report - Therefore the risk management policy of The Resurgence Trust provides a framework for: - Identifying risks - Assessing risks - Identification and evaluation of suitable responses to assessed risks - ¢ Periodic monitoring and assessment - ¢ Allocating responsibility for risk The identification and management of risks is an ongoing process and is supported by the maintenance of a risk subcommittee, which reports to the full Board of Trustees. Page 10 The Resurgence Trust Trustses. Report Identified principal risks and uncertainties: Potential impact Risk MItiR*inR actlons Failure to comply with legislation and regulations Fines and penalties Appropriate staff tralning 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, leadin8 to possible . suspenslon/bss of services (e.g. utilities) . breach of contratts inability to fulfil objectives loss of goodwill/reputatlon Productlon of budgets and cash flow forecasts to identify funding requirements Regular management reports presented to 5enlor staff and at Trustees, meetings Adherence to reseNes policy, including the establishment and maintenance of a 'resilience reseNe' Insufficient fundraising Inability to meet financial obligations Production of cash flow foreGasts to Identify funding requirements and ensure sufficient liquid funds Loss of key stsff 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 Page11 The Resuryence Trust Trustees. Report Declining membership numbers and associated income from core charitable activities Inability to meet tinanciai obligations, due to red￿￿d income Reviewing cnafitaDlf aCtiiilLies tv ensure that they align with our objectives Reduced relevance of the organisation Employing an outreach and promotions officer Failure to achleve objectives Development of partnerships with other organisatlons Corruption/loss of data, includin8 our membership database Extreme disruption; very difPKult to recreate from other sources Onsite and offsite backups Support contracts in place with Softwa￿ providers Impossibility of communicatlng with members High loss of goodwill from members Monthly revlew of risk register and update of controls and risk scores as required Changing and emerging risks New risks emerge or the profile of existin8 risks alters, leading to insufflcient management controls Regular review of the latest Government Guidan Staff to report new risks as identifiéd Page 12 The Resurgence Trust Trustees. Report 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 retsining - remuneration should be set at a level suitsble to attract and retain staff of suitable skill levels and experience relative to the posltion 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 Equalty 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 Charty funds. Financial sustainability the ability of the organisation to meet future obligations must be considered when setting levels of remuneration. Disclosure and transparency all disclosures wll be made in accordance with statLrtory requirements. For recruitment of senior positions, the remuneration package and job description will be approved by the Trustees prior to commencing recruitment. Members of the Board of Trustees may form part of the inteNiew 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 objectlves and principles above. No person may set their own remuneration. Employees may discuss and negotiate remuneration. but the final decision must always rest with the Trustees, or with senior management where authority h8S been delegated. Senior management is authorised to make inflation-related amendments to employees, remuneration levels and changes to employees, working pattems. Other changes must be authorised by the Trustees. Any changes to remuneration packages must be consistent with the objectives and principles set out above. Concluslon The Resurgence Trust is an educational charity and global community that connects, infomis, and inspires positive change by honouring the interdependence of the Earth, the self and all living beings. With members across the globe. The Resurgence Trust has continued its vital role as a voice of many change-making organisations and ecological communities, sustaining its servlce to the environmental movement and wider community for almost 60 years. The Resurgence Trust has successfully delivered its charity aims and objectives through its four main programmes: Resurgence & Ecologist magazine, The Ecologist, a programme of events delivered in person and online, and Satish Kumar's Global Ambassador programme. Page 13 The Resurgence Trust Trustees, Report Across these programmes, Thé Resurgence Trust has-provided knowledge and learning about environméiiial i)èiJes LU a grG¥iiii Ig ariu trii¥ayE¥d in,-, atio,.-. aud.. rAoontinn inforrn.A*ion an.d analysis on global issues and ideas for change, as well as hope and inspiration to the Resurgence communty and beyond. This year, the Charity has enhanced its programme of environmental activities, whilst maintaining a solid financial base. The Trustees are satisfied that The Resurgence Trust has fulfilled the objectives of the Charity over this period V4al Looking foThYard The Resurgence Trust will continue to ft)ster a greater connection to Nature in order to enhan personal wellbeing, support resilient communities and infomi social change towards regenerative societies that enrich rather than deplete our natural environment. The Earth is in crisis, and human activity is a main cause. Through the continued development of our thriving educational programmes, Resurgence aims to facilitate deeper connections between Nature. people, spirit and self, as well as changing perceptions and heightening consciousness. As the crisis becomes more evident, the work of the Trust - raising awareness, highlighting solutions, and facilitating transformation through a narrative of hope, resilience and positive change - is needed more than ever. We continue our drive to engage more people with our work in a variety of innovative vRys. The Resurgence Trust's deep-rooted commitment to ecological wisdom, social justice and spirituallty provides a strong and consistent ethical framework for all our activity. The Charity has a reputation as a pioneer and a seminal place to learn about cutting-edge ideas and perspectives. Resurgen￿ has a dedicated community of supporters, Staff and contributors. It is known for high-qualty content across all its offerings. As we navigate a world of misinformation and Al-generated content, Resurgence offers authenticity and quality. The 60th anniversary of Resurgence in 2026 is an opportunity to reflect on the legacy of a unique magazine that has been in publication since 1966, to celebrate the achievements of the Charty. and to look to the future. We are planning a number of events and activities during 2026 including one-day conference in Oxford, an exhibition about Resurgence, and a special issue of Resurgence & Ecologist (guest edited by Satish Kumar) featuring curated content on the theme '60 Transformative Years,. The 60th anniversary is a springboard to creating a higher profile for the Charity as well as an opportunity to reach more people and gain new members. We plan to amplify our messaging during this year and increase our reach through all of our programmes, as well as through a more impactfvjl use of video and audio content. Satish Kumar embodies the value5 and philosophy of The Resurgence Trust and these values are imbued in all of the Charl￿S work. The Resurgence Trust ensures that his wisdom and learning can conts'nue to be shared and appreciated as widely as possible. Satish reminds people of the paramount importance of holistic thinking, unity ol life and reverents'al ecology. Thanks We would like to take thls opportunty 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 conts'nue its important work. Page 14 The Resurgence Trust Trustees. Report We value the support and goo(fvill of our members, supporters and Trustees equally, even though it 18 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 compantys exemption. Statement of trustees. responsibilities The trustees (who are also the directors of The Resurgen￿ Trust for the purposes of company law) are responsible for preparing the trustees, report and the financial ststements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally A¢￿pted 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 8re 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 company for that period. In preparing these financial statements, the trustees are required to.. select sustable accounting policies and apply them consistently; observe the methods and principles in the Charities SORP; make judgements 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 financial 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 charitsble company and enable them to ensure that the financial statements comply with the Companies Ad 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 fin8ncial infomation included on the charitable company's website. Legislation governing the preparation and dissemination of financial ststements may differ from legislation in other jurisdictions. Small companles 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 the charity on21.ILI.l.LS and signed on its behalf by: es Sainsbury Trustee ephine Amankwah-seagrlm Trustee Page 15 The Resurgence Trust Independent Examlner's Report to the trustses of The Resurgence Trust ('the Company) I report to thr lal ILY LI on my examii iauvi i Vi Li akncounts of ttriy vyi I iTriqi iy ivr the year ende. 31 March 2025. Responslbllltles and basis of rgport 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 the requirem8nts of the Companies Act 2006 ('the 2008 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 chatity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act.). In carying out my examination I have fo51owed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independent examinorfs 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 confimi 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 confirni that no matters have come to my 8tt8ntion in connection viith 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 th8 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 method8 and principles of the st8tement of Recommended Practice for accounting and reporting 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 this r8POrt in order to enable a proper underst8nding of the accounts to be reached. Catherine Williams FCA DChA Independent Examiner Westcotts (SW) LLP 47 Boutport Street Bamstaple Devon EX31 1SQ Date:. Page 16 The Resurgence Trust ststement of Financial Activities for the Year Ended 31 March 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Unrèstricted funds Restricted funds Total 2025 Total 2024 Note Income and Endowments from: Donations and legacies Charitable activities Other trading activities Investment income Other income 383,346 351,200 65,573 7,607 29,346 1,197 384,543 351,200 65,573 7,607 29,346 378,397 330,016 50,847 6,325 30,208 Total income 837,072 1,197 838,269 795,793 Expendlture on: Raising funds Charitable activities Other expenditure (9,462) (781,778) (1.163) {9,462) (785,831) (1,163 (11.284) 1741,840) 4,363 {4.053) 10 Total expenditure 792,403 4,053 796,456 (757,487 Net incomel(expenditure) 44,669 (2,856 41,813 38,306 Net movement in funds 44,669 (2,856) 41,813 38,306 Reconclllatlon of funds Total funds brought forward Total funds carried fornard 24 1,062,480 2.856 1,065,336 1,027,030 1,065,336 1,107,149 1,107,149 All of the charity's activities derive from continuing operations during the above periods. The funds breakdovm for 2024 is shown In note 24. The notes on pages 21 to 35 fomi an integral part of these financial statements. Page 17 The Resurgence Trust (Registration number: 5821436) Balance Sheet as at 31 March 2025 25 20?A Note Fixed assets Intsngible assets Tangible assets 17 2,030 999,476 920 989,589 990,509 1,001,506 Current assets Stocks Debtors Cash at bank and in hand 11,283 85,360 303,934 13,284 70,286 323,396 20 21 380,577 406.965 Credttors: Amounts falllng due wlthln on8 year Net current assets 22 274,934 (332,138) 105,643 74,827 Net assets 1,107,149 1,065,336 Funds of the charity: Restricted incomo funds Restricted funds 2,856 Unrestrlcted income funds Unrestricted funds 1,107,149 1,062,480 Total funds 24 1,107,149 1,065,336 For the financial year endlng 31 March 2025 the ch8rity was entitled to exemption from audit under section 477 of the Companies Act 2008 relating to small companies. Directors, responsibilities: The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476,. and The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting r8cords and the preparation of accounts. These financial statements have been prepared in accordance with the special provisions relating to companies 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 (Reglstratlon number: 5821436) Balance Sheet as at 31 March 2025 The financial statements on pages 17 to 35 were approved by the trustees, and authorised for issue on 21111.tzS.. and signed on their beh8lf by: ainsbury Josephine Trustee ankwah-seagrim Trustee The notes on pages 21 to 35 fomi an integral part of these financial ststem8nts. Page 19 The Resurgence Trust Statement of Cash Flows for the Year Ended 31 March 2025 2025 2024 te Cash flows from operatlng activiti8S Net cash income 41,813 38,306 Adjustments to cash flows from non4ash items Depreci8tion Amortisation Investment income Loss on disposal of tangible fixed assets 8,10 8,10 27,835 328 (7,607) 27,150 184 {6,325) 4,363 62,369 63,878 Worklng capital adjustm8nts Decreasel(increase) in stocks Decreasel(increase) in debtors Increase in creditors Decrease in deferred income 19 20 22 2,001 4,926 11,660 68,8631 (2,097) (1,241) 10,409 (10,094) Net cash flows from operating activities Cash flows from Investing actlvltles Interest receivable and similar income Purchase of intangible fixed assets Purchase of tangible fixed assets Sale of tangible fixed assets Net cash flows from investing activities Net (decrease)lincrease in cash and cash equivalents Cash and cash equivalents at 1 April Cash and cash equivalents at 31 March 12,093 60,655 7,607 (1,438) (38,886) 1,183 6,325 17 18 (19,500) 31,554 (13,175) (19,481) 323,395 47,480 275,915 303,934 323,395 All of the cash flows are derived from continuing operations during the above per1(￿s. The notes on pages 21 to 35 fomi an integral part of these financial statements. Page 20 The Resurgence Trust Notes to the Financial Statements for the Year Ended 31 March 2025 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 slgnificant accountlng pollcies and key accounting estimatss 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 otherwise stated in the relevant accounting policy notes. The financial statements are prepared in sterling which is the functional currency of the charity. Golng concern The trustees consider that there are no material uncertainties about the charitys ability to continue as going concern nor any significant areas of uncertainty that affect the carying value of assets held by the charity. Judgements and key sources of estimation uncertainty The preparation of the financial statements requires management to make judgements. estimates and assumptions that affect the 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 2025 ## 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 receivable can be measured reliably. ## Donations and legacies Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that 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 within 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 administrator/executor for the estate has communicated in writing both the amount and settlement date. In the event that the gift is in the form of an asset other than cash or a financial asset traded on a recognised stock exchange, recognition is subject to the value of the gift being reliably measurable with a degree of reasonable accuracy and the title 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, with 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 Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities 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 Statsments for the Year Ended 31 March 2025 Intanglble 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. Tanglble flxed assets Individual fixed assets are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impsinnent losses. Any tsngible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciatlon and subsequent impairment losses. The land and buildings are revalued every 5 years. Amortlsatlon 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: Asset class Trademarks Amortlsation method and rate 100/0 Straight line Depreciation and amortlsation Depreciation is provided on tangible fixed assets so as to vKite off the cost or valuation, less any estimated residual value, over their expected usefvl economic life as follows: Asset class Land and buildings Plant and machinery Fixture and fittings OfFice equipment Website Depreciation method and rats 1 % straight line 1 OOA reducing balance 10¥0 reducing balance 15 % reducing balance 33.33°h straight line Stock stocks are measured at the lower of cost and estimated selling prlce 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 th8t 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 availsble for use at the trustees discretion in furtherance of the objectives of the charity. Designated funds are unrestricted funds eamiarked by the trustees 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 2025 Pensioris-ana other posr retlrement QiJligaiiDilS 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 fijture 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 ￿cOgnised 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 are classified according to the substance of the contractual a￿angeMentS entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities. Recognitlon and measurnmant All financial assets and liabilities are initialty measured at transaction price (including transaction costs), except for those flnancial assets classified as at fsir value through profit or loss, which are initia15y measured at fair value (which is nomially the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financial assets and liabilities 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 simultsneously. Financial a55ets are derecognised when and only when a) the contractual rights to the cash flows from the financial a55et expire or are settled, b) the charty transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all. significant risks and rewards of ownership, has transferred control of the asset to another paty. Financial liabilities are derecognised only when the obligation specified in the contract is discharged. cancelled or expires. Page 24 The Resurgence Trust Notss to the Financial Statements for the Year Ended 31 March 2025 3 Income from donations and legacles Unrestrfcted funds Restricted funds Total 2025 Donations and grants Legacies Gift aid reclaimed 382,936 410 945 383.881 410 252 252 383,346 1,197 384,543 Unrestrictad funds Restrfcted funds Total 2024 Donations and grants Legacies Grft aid reclaimed 374,289 592 1,869 376,750 1,403 375,692 592 2,113 244 1,647 378,397 4 Income from charftable actlvltles Unrestrictsd funds Total 2025 Gfft Aid tax reclaimed Book, magazine and other sales Advertising Event income Membership income 25,741 32,114 20,968 7,223 265,154 351,200 25,741 32.114 20,968 7,223 265,154 351,200 Unrestricted funds Total 2024 Gift Aid tax reclaimed Book, magaine and other sales Advertising Event income Membership 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 Page 25 The Resurg8nc8 Trust Notss to the Financial Statements for the Year Ended 31 March 2025 S Income from other tradlng actlv5t5es Unre8trlcted funds Total 2025 Fundraising event income Rental income - Small School Cottage 54,289 11,284 65,573 54.289 11,284 65,573 Unrestricted funds Total 2024 Fundraising event income Rental income- Small School Cottage 38,020 12,827 38.020 12.827 50,847 50,847 6 Investment incorne Unrestrictad funds Total 2025 Bank interest receivable 7,607 7.607 Unrestrlcted funds Restricted funds Total 2024 Bank Interest receivable 6,293 32 6,325 7 Other Income Unrestrlcted funds Total 2025 Other income 29,346 29.346 Unrestricted funds Total 2024 Other income 30,208 30.208 Page 26 The Resurgence Trust Notes to the Financial Statements for the Year Ended 31 March 2025 8 Expendlture on raising funds a) Costs of generating donations and legacies Unrestricted funds Total 2025 Event costs 7,315 7,315 Unrestricted funds General Total 2024 Event costs 7.944 7,944 9 Expenditure on charltable actlvltles Unrestrlctsd funds Restrfcted funds Totsl 2025 Note Magazine and website costs Event costs staff costs Allocated support costs 185,805 34.700 382,643 178,630 2,178 1,815 187,983 36,515 382,643 178,690 785,831 60 781.778 4,053 Unrestricted funds Restricted funds Total 2024 Note Magazine and website costs Event costs Staff costs Allocated support costs 197,768 23,013 341,769 172,570 735.120 214 2,856 1.447 2,203 6,720 197,982 25,869 343,216 174,773 741.840 Page 27 The Resurgence Trust Notes to the Financial Statsments for the Year Ended 31 March 2026 10 Other expenditurn Unrestrict funds General Total 2025 Loss on disposal of tangible fixed 1,163 1,163 Unrestricted funds General Total 2024 Loss on disposal of tangible fixed 4,363 4,363 Page 28 The Resurgence Trust Notss to the Financial Statsments for the Year Ended 31 March 2025 11 Analysls of governance and 8UPPOrt costs Support costs allocated to charitsble activities Total 2025 Total 2024 Bank charges Sundry Trade subscriptions Repairs and renewals Exchange gainsl(losse8) Training Recruitment expenses Travelling Rates Premises expenses Insurance Equipment hire Telephone and fax Printing, postage and ststionery Travel and subsistence Other seNices Legal and professional fees Independent Examinerfs remuneration Depreciation 6,364 479 12.877 26.434 191 928 5,958 2.112 12,536 24,693 115 178 919 5,589 929 16,082 7.518 1,023 15,314 5,537 1,342 4,493 280 1,806 53,611 9,331 2,999 28,163 178.690 1,228 5,839 2.935 1,569 55,080 4,895 2,340 27,334 174,773 12 Net incomingloutgoing resources Net incoming resources for the year include: 2025 2024 Loss on disposal of fixed assets held for the charity's own use Depreciation of intangible fixed assets Depreciation of tangible fixed assets 1.163 328 27,835 4,363 184 27,150 13 Trustees remuneration and expenses No trustees. nor any persons connected with them. have received any remuneration from the charity during the year. No twstees have received any reimbursed expenses from the charity during the year. P8ge 29 The Resurgence Trust Notes to the Financial Statements for the Year Ended 31 March 2025 14 Staff costs The aggregate payroll costs were as follows.. 2025 2024 Staff costs during the year were: Wages and salartes Social security costs Pension costs 350,449 24,667 7,527 382,643 312,748 24,077 6,391 343.216 The average head count of employees during the year was 16 (2024.. 18). The average number of full-time equivalent employees during the year is analysed as follows.. 2025 2024 Editorial Membership Administration Fundraising & events PR & marketing 16 12 No employee ￿ceiVed emoluments of more than £60,000 during the year. 15 Independent examiner's remuneration 2025 2024 Examination of the financial statements 2,999 2,340 16 Taxation The charity is a registered charity and is therefore exempt from taxation. Page 30 The Resurgence Trust ## Notes to the Financial Statements for the Year Ended 31 March 2025 ## 17 Intangible fixed assets |17 Intangible fixed assets|||| |---|---|---|---| ||Patents,||| ||trademarks||| ||and licences|Total|| ||£|£|| |Cost|||’| |At 1 April 2024|4,840|1,840|| |Additions|1,438|1,438|| |At 31 March 2025|3,278|3,278|| |Amortisation|||| |At 1 April 2024|920|920|| |Charge forthe year|328|328|| |At 31 March 2025|1,248|1,248|| |Net book value|||| |At 31 March 2025|2,030|2,030|| |At31March2024|920|920|| ## 18 Tangible fixed assets |||Fixtures||||| |---|---|---|---|---|---|---| ||Land and|and|||Plant and|| ||buildings
£|fittings
£|Equipment
£|Website
£|machinery
£|Total
£| |Cost||||||| |At 1 April 2024|858,545|37,346|53,270|14,716|140,807|1,104,684| |Additions
Disposals|6,625
-|1,813
(469)|12,145
(1,684)|8,362
-|9,941
(350)|38,886
(2,503)| |At 31 March 2025|865,170|38,690|63,731|23,078|150,398|1,141,067| |Depreciation||||||| |At 1 April 2024|17,112|10,370|22,681|13,470|51,463|115,096| |Charge forthe||||||| |year|8,614|2,799|5,243|1,473|9,706|27,835| |Eliminated on||||||| |disposals|-|(167)|(1,071)|-|(102)|(1,340)| |At 31 March 2025|25,726|13,002|26,853|14,943|61,067|141,591| |Net book value||||||| |At 31 March 2025|839,444|25,688|36,878|8,135|89,331|999,476| |At31March2024|841,433|26,976|30,589|1,246|89,344|989,588| Page 31 The Resurgence Trust Notss to the Financial Statements for the Year Ended 31 March 2025 i angibié flxed tririu at Voiuoilon A formal valuation of freehold land and buildings was carried out by Stuart E M Smith, FRICS from Undetwood Wright Chartered Su￿eY0rs as at 31 March 2022. 19 Stock 2025 2024 Raw materials and consumables 11,283 13.284 20 Debtors 2025 2024 Trade debtors Prepayments Accrued income other debtors 5,681 13,498 31,449 14,732 9.534 16,629 30,373 13.750 65,360 70.286 21 Cash and cash equlvalents 2025 2024 Cash at bank 303,934 323.395 22 Credltors: amounts falllng due wlthln ona year 2025 2024 Trade creditors other creditors Accruals Deferred income 17,938 216,557 21,804 18,635 274,934 13,939 216,674 14,027 87,498 332,138 23 Pension and other schemes Defined contrlbution penslon 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 £7,527 (2024 £6,391). Page 32 The Resurgence Trust Notss to the Flnancial Statsments for the Year Endod 31 March 2025 24 Funds Balanc8 at 1 Aprll 2024 Balance at 31 March 2025 Incoming Resources resources expended Transfers Unrestrlcted funds General Funds Land, property, plant and machinery 131.703 837,072 1773,835) (16,566) 178,374 930,777 1,062,480 (18.568 792,403 16,566 928,775 1,107,149 837,072 Restrlctsd funds Course Tutoring Youth Club Fund Ecologist's Writers, Fund 2,178 676 (2,178) {676) 1,199 2.856 1,197 4,0531 Total funds 1,065,336 838,269 (796,456 1,107,149 Balance at 1 April 2023 Balance at 31 March 2024 Incomlng Resources resources expended TransfepJ Unrestrlcted funds General Funds Land. property, plant and machinery 79,447 794,114 (732,904) (8,954) 131.703 939,686 17,863 8.954 930.777 1,062,480 1,019,133 794,114 (750,767 Restricted funds Marketing & Promotion Course Tutoring Youth Club Fund Ecologist's Writers, Fund 213 5,569 1,359 756 (214) (3,414) (689) 2,403 23 2,178 676 7,897 1,679 6,720) 2,856 Total funds 1,027,030 795,793 757,487) 1,065.336 Page 33 The Resurgence Trust Notes to the Financial Statements for the Year Ended 31 March 2025 Unrestricted funds The land. property, plant and equipment fund represents the net book value of these assets as at 31 st March 2024. Restricted funds Marketing & 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. Ecologisfs Writers. Fund These funds have been received towards payments to authors for future articles. 25 Analysls of net assets between funds Unrestricted funds General Totsl funds at 31 March 2025 Intangible fixed assets Tangible fixed assets Current assets Current liabilities 2,030 999,476 380,577 {274,934) 1,107,149 2,030 999,476 380,577 (274,934 Total net assets 1,107,149 Unrestrictsd funds General Total funds at 31 March 2024 Restricted funds Intangible fixed assets Tangible fixed asset5 Current assets Current liabilities 920 989,589 404,121 332,138 920 989,589 406,965 332,138 2,844 Total net assets 1,062,492 2,844 1,065,336 Page 34 The Resurgence Trust Notss to the Financial Statsments for the Year Ended 31 March 2025 26 Relatsd party transactlon3 During the year, The Resurgen￿ Trust received donatlons totalling £80,000 (2024.. £80,000) from the Tedworth Charitsble Funds which has a Trustee in common with the Resurgence Trust. During the year The Resurgence Trust received £Nil (2024: £1,000) from the Nefviork of Wellbeing charity. Satish Kumar, the secretary of the Resurgence Trust Is a Trustee in the charity. During the year Trustees donated £10,105 to The Resurgence Trust (2024: £10,000). Page 35