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2022-03-31-accounts

COMPANY REGISTRATION NUMBER: 06492907 CHARITY REGISTRATION NUMBER: 1123155

CUMBRIA ACTION FOR SUSTAINABILITY COMPANY LIMITED BY GUARANTEE ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD FROM 1 MARCH 2021 TO 31 MARCH 2022

David Allen

Chartered Accountants & Statutory Auditor Dalmar House Barras Lane Estate Dalston Carlisle CA5 7NY

CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

CONTENTS

Reference and administrative details 1
Trustees' report 2 to 13
Independent auditor's report 14 to 18
Statement of financial activities 19 to 20
Balance sheet 21
Statement of cash flows 22
Notes to the financial statements 23 to 42

CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

REFERENCE AND ADMINISTRATIVE DETAILS

Trustees Mr T Foster (appointed 16 December 2021)
Ms T Hart
Mr T C Boden, (Secretary)
Ms K C Bentley-Brown
Mr A Banford
Mr P Hewetson (appointed 16 December 2021)
Mr D A Beuzeval, (Chair)
Ms M Barnett
Charity Registration Number 1123155
Company Registration Number 06492907
The charity is incorporated in England and
Wales.
Registered Office Eden Rural Foyer
Old London Road
Penrith
CA11 8ET
Principal Office Eden Rural Foyer
Old London Road
Penrith
CA11 8ET
Auditor David Allen
Chartered Accountants & Statutory Auditor
Dalmar House
Barras Lane Estate
Dalston
Carlisle
CA5 7NY

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CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

TRUSTEES' REPORT

The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements and auditors' report of the charitable company for the period ended 31 March 2022.

Chairs Report

Getting back to business

Following the uncertainty of previous years, this was a year when CAfS felt it could really start to make some progress toward its aims. With the end of the lockdowns and associated restrictions, project activities which had been delayed were finally able to get underway. As well as this, we continued to bring in new staff and skills to strengthen our position for the coming years and ensure that we do everything we can to support Cumbria in its transition from high carbon to low carbon living and working.

The year was the first full year of the National Lottery funded Zero Carbon Cumbria project. The team supported the strengthening and growth of the Zero Carbon Partnership to around 80 participating organisations, and started to take key actions which would form the groundwork for the years to come. I am particularly pleased by the work we have done so far with local communities. Examples include supporting community sustainability groups to deliver numerous county wide events during Great Big Green Week and the UN Conference of the Parties 26; establishing Citizens Juries for Furness and Copeland; and, launching the Community Climate Grants fund in November, which will provide over £100k in grants to Cumbrian community organisations for zero carbon action.

Another exciting event this year was the Youth Climate Summit held in October. It was attended by over 500 pupils from 15 schools. At the summit, a series of youth videos were collated and an event organised so that young people could present their recommendations to the Cabinet Member for Environment at Cumbria County Council . A youth representative also presented to the Zero Carbon Partnership and a special reception was held at the Kendal Mountain Film Festival.

Our Carbon Literacy project has continued to go from strength to strength. During the year over 65 training sessions were delivered, training 485 people and working with a range of organisations and individuals, including Cumbria County Council, Allerdale Borough Council, Copeland Borough Council, South Lakeland District Council and Eden District Council. We have received excellent feedback for these courses and I am very proud of the work our team has carried out and for establishing CAfS as a regional leader in this type of influential training.

Our home energy team benefited from the easing of restrictions - with home visits again possible they were able to continue from where they left off before the lockdown. Thanks to the hard work of the team, during 2021-22 we provided advice services to over two thousand homes in the region. We also secured another round of funding for our vital Cold to Cost homes service and were able to secure funding for a new Retrofit for Cumbria project. With the increasing cost of energy, efficiency of use becomes of ever greater importance for homes and businesses. This team is providing a valuable support for Cumbrians during the cost of living crisis.

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CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

TRUSTEES' REPORT (CONTINUED)

With this increase in activities we’ve also been taking steps to expand our team to ensure that we have the people and skills to carry out our work successfully now and in the future. As a result we have recruited eleven new employees: these included two additions to our marketing team; two coordinators for our Zero Cumbria team; and seven new members of our growing energy advice service. This is a dramatic growth in numbers (from 22 employees at year start) and the team has done a fantastic job at making everyone feel welcome and ensuring that the CAfS spirit is maintained.

This has been a year with much to be positive about. As the limitations of lockdowns ends CAfS has made real progress in key areas whilst at the same time also establishing our teams for crucial work in the years to come. During times of change there is always a risk that things can feel overwhelming or we lose sight of our core aim; it is thanks to the excellent team at CAfS that we have been able to maintain a steady course and I am excited about where this will take us next year.

Mr D A Beuzeval Chair of Trustees

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CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

TRUSTEES' REPORT (CONTINUED)

OBJECTIVES AND ACTIVITIES

Cumbria Action for Sustainability (CAfS) is Cumbria's leading climate change and sustainability organisation. Our vision is for a zero carbon Cumbria which is socially, environmentally and economically beneficial for all.

We aim to achieve this by promoting and facilitating low carbon living and its benefits - inspiring and supporting individuals, communities and organisations across Cumbria and beyond to decarbonise lives and businesses as soon as possible and by 2037 or sooner.

We carry out our work according to our core values which are to ensure our work is:

Evidence based. We will:

Positive. We will:

Collaborative. We will:

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CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

TRUSTEES' REPORT (CONTINUED)

We work with individuals, organisations and communities to promote and facilitate low carbon living. We provide practical support for the development of low carbon plans and policies for places, communities, businesses, local authorities, other organisations and individuals. We inspire behaviour change and seek to deliver sustained shifts from high to low carbon emissions through new social norms and influencing key policies, strategies and funding streams.

Our work is delivered in partnership with local community groups, national and local government, associated agencies, other environmental charities, green businesses, and the public. We have around 20 projects underway at any one time, and a network of supporters subscribing to our newsletter.

Our organisational strategy identifies our key focus areas of activity, based on the needs of the community and the skills and capacity of the staff team. Our website www.cafs.org.uk provides fuller details of our work and access to our resources and publications.

Public benefit

CAfS has complied with the duty in Section 17(5) of the Charities Act 2011 to have due regard to public benefit guidance published by the Charities Commission.

ACHIEVEMENTS AND PERFORMANCE

The gradual lifting of covid restrictions during the year meant we were able to start making progress in projects previously delayed by the lockdowns.

Zero Carbon Cumbria

The year was the first that the National Lottery funded Zero Carbon Cumbria project really got underway. During the year new employees were brought into new positions including an Events and Training Coordinator, a Sustainability Network Coordinator and a Marketing Manager. Key work included establishing citizen's juries in Copeland and Furness; launching the £100k climate grants scheme in November; coordinating community groups to hold events during Great Big Green Week and organising a Youth Summit in October. The team supported the strengthening and growth of the Zero Carbon Partnership and took key actions which would form the groundwork for the years to come.

We are the lead partner and therefore responsible for paying out the other delivery partners share of the total grant from the National Lottery. The amounts are confirmed by the National Lottery and inline with the payment schedule forming the funding agreement. In these accounts the full amount is recognised as Grant Income from the Big Lottery and the payments to Partners are included as Expenditure for Charitable activities. The total paid out to other partners in these financial statements is £291,283.

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CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

TRUSTEES' REPORT (CONTINUED)

Carbon Literacy

Our carbon literacy training service went from strength to strength during the year. We were able to deliver over 65 training sessions and work with a range of organisations and individuals. These included Cumbria County Council, Allerdale Borough Council, Copeland Borough Council, South Lakeland District Council and Eden District Council. We also secured grant funding from Emergence Foundation for another year of funding for our Community Carbon Literacy work.

Home Energy and Efficiency

The Cold to Cosy homes project continued to be as successful as ever during the year with CAfS starting the third round of the Cold to Cosy Homes service. In year the team provided energy advice services, this includes visits and advice calls, to 2232 distinct households.

CAfS also secured new funding in the year for a new Retrofit for Cumbria project which will provide retrofit advice for homes around Cumbria and crucial training for tradespeople and home owners. Already as of year end the project had held its first training webinars. CAfS looks set to continue being at the forefront of home energy efficiency advice in Cumbria.

Low Carbon Communities

The Scaling On Street Charging Infrastructure (SOSCI) electric vehicle project came to an end this year. During the project we helped to identify around 100 potential electric vehicle charge site locations, hosted webinars for local communities on installation and how to get them fitted; and promoted a share offer which raised £130,000 in community shares.

This year we also supported and played an important role in the launch of the Potential for Green Jobs in Cumbria report. The report identified the job opportunities that are good for people and the environment and showed that the county could benefit from 9,000 new jobs in low carbon industries ranging from renewable energy generation, to energy efficiency in homes and industry, to low carbon transport and waste salvage and reuse.

We also continued our support for low carbon community and business support in south Cumbria thanks to our ongoing relationship with South Lakeland District Council. During the year our carbon calculators were launched, providing a means for households and business to calculate the carbon cost of their activities. Working to support Ambleside Action for Future (AAFAF) we also carried out a feasibility study of community buildings potentially suitable for solar-PV and developed a new programme called ‘Solar Made Easy’. In addition to this we continued to provide carbon reduction advice to local businesses, communities and individuals through a combination of seminars, workshops, research and one to one support.

Our Fellfoot Forward projects also continued this year. Activities included working with farmers to reduce their carbon through the Farmer Network and Carbon Connects project; attending farm carbon toolkit training; holding workshops at the Youth Climate Summit in October; putting together a Future Fair case study based on the work at Hallbankgate Farm; and, as part of our Fellfoot Forward Community Heritage Building work sending out packs and supporting materials to targeted communities.

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CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

TRUSTEES' REPORT (CONTINUED)

Funders and clients

In 2021-2022 CAfS received £1,488,542 for its activities from a wide range of sources. These include charitable trusts and foundations, national and local grant givers, local government and associated agencies, businesses and of course, individuals who may have taken up our services or attended one of our events and training. We also secured funding through third parties by developing several projects in partnership with others. All our activities are aligned to our charitable purposes, irrespective of funding source. The Trustees would like to thank all our donors and the following funding partners and clients for their support this year including:

Burneside Community Energy Durham County Council Eden District Council Electricity North West Energy Saving Trust Emergence Fellfoot Forward Historic England Innovate UK Lake District National Park Authority North Pennines AONB South Lakeland District Council The Big Lottery Appleby Heritage Action Ambleside Action for a Future Allerdale Borough Council Copeland Borough Council Neighbourly Ltd Agility Eco Stonehaven Shared Future CIC

And all our individual donors

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CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

TRUSTEES' REPORT (CONTINUED)

FINANCIAL REVIEW

These accounts cover the 13 month period from March 2021 to March 2022. The decision to use a 13 month accounting period this year was taken so as to align our reporting year with many of our funders, therefore simplifying the process in future years.

Income increased considerably during the year, rising by 166% (£929,241) from £559,301 to £1,488,542. This was largely due to new income streams and most notably the funding received from the National Lottery for the Zero Carbon Cumbria project (£587,160); the funding from South Lakeland District Council (£100,000); the home energy saving projects with Energy Saving Trust (£277,776) and from Stonehaven for the Green Investment Plan (£150,000). There was also a corresponding increase in expenditure with it increasing by 165% (£778,584) from £470,545 to £1,249,129. The majority of these costs relate to the increase in staff numbers as can been seen in note 11 to the accounts.

Earned income increased significantly during the year, from £37,128 to £164,282. This is in large part due to the expansion of the carbon literacy training (£52,103 additional income) and energy services income (approximately £47,000 additional income).

As detailed on the Balance Sheet, our reserves (total unrestricted funds) increased from £183,252 to £245,053. The remainder of our funds £279,535 are restricted and are committed to ongoing projects.

Due to project funding being paid in advance cash at the bank has also increased, increasing from £149,379 to £350,610, this is detailed in the cash flow statement within the accounts.

The Trustees examine the charity's requirement for reserves during the annual budget setting process. This is to ensure that the risks associated with the Charity's external operating environment; its income streams, planned activities and organisational commitments are all considered when determining the amount that should be set aside. The Trustees have established a 'irreducible reserves' policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the Charity are sufficient to i) meet all liabilities of the Charity in the event that it winds up its activities; ii) include a general reserve of £20k for unforeseen items. During 2021/22 our irreducible reserves were set at £79,060. In addition, £27,250 of the charities' reserves were invested in shares with Community Energy Cumbria and Burneside Community Energy. At the year end our unrestricted funds were comfortably above this amount.

The majority of the charity's funds are to be spent in the short term and are held in a current account with Unity Trust. If cashflow is sufficient, additional funds are held in a 30-day access savings account to maximise income and longer-term investments such as share purchases are made. All investments are considered in line with expected demands on funds, assessment of any potential associated risks and our ethical approach to investment.

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CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

TRUSTEES' REPORT (CONTINUED)

PLANS FOR FUTURE PERIODS

This year, 2021-2022, was a year when we could carry out some of our activities delayed due to the COVID-19 pandemic. We carried out these activities and brought in new staff ready to carry out our work over the coming years. We look forward to 2022-2023 being a year to carry on this work and utilise the new skills we have brought in.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The charity is controlled by its governing document. Cumbria Action for Sustainability (CAfS) is a registered charity and company limited by guarantee, having no share capital. It was incorporated on 4 February 2008 and registered with the Charity Commission on 11 March 2008. The Memorandum and Articles of Association are the primary governing documents of the charity.

(As outlined in the Articles of Association) The composition of the Board of Directors shall be as follows:

(1) Not more than ten persons elected from the members

(2) Not more than two persons from a single organisation

No person other than a Director retiring may be appointed a Director at any general meeting unless:

1) he or she is recommended for re-election by the Directors; or

2) not less than fourteen nor more than thirty five clear days before the date of the meeting, the Charity is given notice that:

(a) is signed by a member entitled to vote at the meeting; (b) states the member's intention to propose the appointment of a person as a Director

(c) contains the details that, if the person were to be appointed, the Charity would have to file at Companies House; and

(d) is signed by the person who is to be proposed to show his or her willingness to be appointed.

All members who are entitled to receive notice of a general meeting must be given not less than seven nor more than twenty-eight clear days' notice of any resolution to be put to the meeting to appoint a Director other than a Director who is to retire by rotation.

The Directors may appoint a person who is willing to act to be a Director.

A Director appointed by a resolution of the other Directors must retire at the next annual general meeting and must not be taken into account in determining the Directors who are to retire by rotation.

The appointment of a Director, whether by the Charity in general meeting of by the other Directors, must not cause the number of Directors to exceed any number fixed as the maximum number of Directors.

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CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

TRUSTEES' REPORT (CONTINUED)

Trustees are provided with an induction covering the work of the charity as well as training in governance skills. They are encouraged to meet with staff and other trustees, and a sum of monies is set aside each year so that they can attend seminars, training and events to assist them in their role. The chair, secretary and treasurer roles are elected by the board after the AGM.

All members of the board give their time voluntarily and receive no benefit from the charity for their work as trustee. Any expenses reclaimed from the charity are set out in the accounts.

The charity operates with a Board of Directors, who are also Trustees for the purposes of charitable law. The Board meet quarterly as a minimum. Under the requirements of the Memorandum and Articles of Association the Board of Directors 'step down' en masse at each AGM though they can then be re-elected individually, or en masse, as voted by the charity's members. The Board seeks to ensure that the diversity of Cumbria, both in people and geography, as well as a range of technical skills are represented on the committee.

CAfS' constitution allows for a Board of up to 10 persons. In 2021/22 the Board had eight members, included two new members, and their biographies can be found at www.cafs.org.uk/about-cafs/cafs-trustees. New members are recruited through a structured process based on the skills needed. All members of the Board give their time voluntarily and receive no benefit from their charity for their work as a Trustee. Any expenses reclaimed from the charity are set out in the accounts.

The Trustees have overall responsibility for financial management, organisational strategy and compliance with the charitable purposes of the organisation. Financial management and general management responsibilities are devolved within our policies and procedure frameworks to the Chief Executive and senior members of staff. At year end the charity had 28 staff (19 FTE) with responsibility for specific projects and activities delegated across the staff team. The Chief Executive reports to the Trustees at each quarterly meeting, along with relevant staff members if required.

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CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

TRUSTEES' REPORT (CONTINUED)

Pay policy & life work balance

All staff at CAfS are paid according to a graded salary scale which reflects the differences in responsibility, skills and capabilities required in various roles. The scale has been established in line with market rates for similar roles in similar organisations. The ratio between the salaries of the highest and lowest paid members of staff is less than 2:1. All of the staff in the organisation are part time and, whilst this has partly evolved due to funding availability, there is a strong belief in the benefits of this improved work life balance to employee welfare.

All staff are enrolled in the company's personal pension scheme (6% employer contribution) which has also been adopted as our auto enrolment scheme since November 2016.

As the organisation continues to expand, the Trustees plan to review the remuneration policies and implement a transparent salary grading system.

As the majority of our staff adopt hybrid home-office working habit we need to ensure that we have the policies and support in place to meet their needs together with those of CAfS.

Fundraising

Although the majority of CAfS income comes from grant sources, we also receive funds from public and business donations. We promote the giving of donations to CAfS through our website, newsletter and social media accounts and directly contact individuals or organisations through these media and on occasion by phone or email to see if they would be interested in making a donation to us. We also use third party commercial participators or professional fundraisers to encourage donations.

We follow the fundraising codes of practice as set out by the Fundraising Regulator. Any direct contacting of organisations or individuals for fundraising by our own staff is carried out according to our policies on fundraising, data protection and safeguarding for vulnerable people. We have written agreements in place with any third party who is helping raise funds for us and ensure that all our third-party fundraisers are registered with the Fundraising Regulator. No complaints were received by the charity for the purpose of fund-raising.

Relationships with related parties

These are detailed in note 23 to the accounts.

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CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

TRUSTEES' REPORT (CONTINUED)

The board of trustees has assessed the major risks to which CAfS is exposed and systems and procedures have been put in place to manage those risks. This includes the risks to ongoing funding - mitigated by a comprehensive funding plan and pipeline and the capacity of CAfS to deliver what is required to meet a Zero Carbon Cumbria and the pressing climate emergency.

FINANCIAL INSTRUMENTS

The charity's activities expose it to a number of financial risks including credit risk, cash flow risk and liquidity risk. The use of financial derivatives is governed by the charity’s policies approved by the board of trustees, which provide written principles on the use of financial derivatives to manage these risks. The charity does not use derivative financial instruments for speculative purposes.

The charity’s principal financial assets are bank balances and cash, trade and other receivables, and investments.

The charity’s credit risk is primarily attributable to its trade receivables. The amounts presented in the balance sheet are net of allowances for doubtful receivables. An allowance for impairment is made where there is an identified loss event which, based on previous experience, is evidence of a reduction in the recoverability of the cash flows.

The credit risk on liquid funds and derivative financial instruments is limited because the counterparties are banks with high credit-ratings assigned by international credit-rating agencies. The charity has no significant concentration of credit risk, with exposure spread over a large number of counterparties and customers.

In order to maintain liquidity to ensure that sufficient funds are available for ongoing operations and future developments, the charity uses a mixture of long-term and short-term debt finance. Further details regarding liquidity risk can be found in the Statement of accounting policies in the financial statements.

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CUMBRIA ACTION FOR SUSTAINABILITY COMPANY UMITED BY GUARAiifEE TRUSTEES. REPORT (coimfiuED) The trust￿ (who are aLfo the directors cl Ojmtffia ￿sta1nd￿7ty for tr wrwse5 of corr4)any kw) are resp)n4ble for preparing the tr￿￿ee5. report and the finantial statements accordance y￿th aprAltsbk law and United th9Jom kcounting Stsn(lards {Un￿e0 ￿ngdoM Generally Axept&J Accounting PTrcSice), ￿1ftg FRS 102 Tr FThndal ReFwbThJ &3ndard applicat4e in the UK and Rewblic of Ireland" Company law reqimres the trustees to rw¥e fina￿la1 statements ft)r ￿ finanaal peris)J. Under company law the truees must approve the finanoal ststern￿￿ ￿lesS dw are Satisfie￿ that they give a t￿￿ and fair vtew of the 51ate of affairs (fj the tharitsbie company and of the incoming resources and aFV[l￿tion cl re￿rCes, induding ts ir1c￿e and exFthJiture, (rf the tharitsble compary for that period. In Fyeparing flnarKial statem￿, the trustees are required tD". . selert suitsble aCC￿nting p)Icies and arrty tr￿n obsetve the methcAts and princi￿￿$ in the (knribes 9W: make judg&nents arKf estimates th are rea5¢￿ab￿ and prLbl￿t. stste whether appIl￿ble ￿cOun1]ng stsndards. (￿￿lSing FRS 102 have been follow￿1. subj& to any material deparbjres disclosed and ewainal in the finanoal Slatern￿ts; aThJ . prepare the financial statsnents cr the c(rn it 6 inaPFfOPriate to [wesUn￿ . that the charttsble c(Mryy will continue ￿ I￿9r￿&s. The trustees are reSpC￿s1￿e for keeping kycper acc￿1)g records that C￿ disdijse with reasonable accurdcy at ary time the financial postion rf the charitsbk company and enable them to ensure that the finan(ial statements compPy V4Tth the Companies Att 2C￿6. They we aLw rwonstble for safeguarding the a￿ts ￿ the charitable compffj and tsking reasonat4e 5 for the prevention aTrJ dthtion and other irTegut&fties. DISCLOSURE OF INFORMATION TO AUDTfoR Each trLLStee has tsken steus that they I￿ht kn have tsken as a tnts in (￿der to make tha)￿elVeS aware of relevant a￿Y1t informabon and to establith that the charity's auditor is aware of that inforrnaticfft. The trustee5 ccrfrm that there is FK) relevant inforrnatsc￿ that they of and of which they the auditor is unaware. The annual ￿P)rt was arlxoval by the truees Lrf the tharity C￿ 20 Decunber 2022 and signed on its behaff by: Mr D A Beuzeval Trnst

CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF CUMBRIA ACTION FOR SUSTAINABILITY

OPINION

We have audited the financial statements of Cumbria Action for Sustainability (the 'charity') for the period from 1 March 2021 to 31 March 2022, which comprise the Statement of financial activities, Balance sheet, Statement of cash flows, and Notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is United Kingdom Accounting Standards, comprising Charities SORP - FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and applicable law (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

OTHER MATTER

Comparative information in the financial statements is derived from the company's prior period financial statements which were not audited.

BASIS FOR OPINION

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

CONCLUSIONS RELATING TO GOING CONCERN

In auditing the financial statements, we have concluded that the trustees use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

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CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF CUMBRIA ACTION FOR SUSTAINABILITY (CONTINUED)

OTHER INFORMATION

The trustees are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

OPINION ON OTHER MATTER PRESCRIBED BY THE COMPANIES ACT 2006

In our opinion, based on the work undertaken in the course of the audit:

MATTERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION

In the light of our knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the directors' report included within the Trustees' report.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

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CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF CUMBRIA ACTION FOR SUSTAINABILITY (CONTINUED)

RESPONSIBILITIES OF TRUSTEES

As explained more fully in the trustees' responsibilities statement [set out on page 13], the trustees (who are also the directors of the charitable company for the purpose of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

AUDITOR RESPONSIBILITIES FOR THE AUDIT OF THE FINANCIAL STATEMENTS

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

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CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF CUMBRIA ACTION FOR SUSTAINABILITY (CONTINUED)

Our audit procedures were designed to respond to those identified risks, including non-compliance with laws and regulations (irregularities) and fraud that are material to the financial statements. Our audit procedures included but were not limited to:

• Discussing with the Trustees and Management their policies and procedures regarding compliance with laws and regulations;

• Communicating identified laws and regulations throughout our engagement team and remaining alert to any indications of non-compliance throughout our audit; and

• Considering the risk of acts by the charity which were contrary to the applicable laws and regulations, including fraud.

Our audit procedures in relation to fraud included but were not limited to:

• Making enquiries of the Trustees and Management on whether they had knowledge of any actual, suspected or alleged fraud;

• Addressing the risks of fraud through management override of controls by performing journal entry testing.

We are not responsible for detecting fraud and preventing non-compliance and cannot be expected to detect all fraud and non-compliance with all laws and regulations. The primary responsibility for the prevention and detection of irregularities including fraud rests with both the Trustees and Management. As with any audit, there remained a risk of non-detection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations or the override of internal controls.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

As part of an audit in accordance with ISAs (UK), we exercise professional judgement and maintain professional scepticism throughout the audit. We also:

- 17 -

CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF CUMBRIA ACTION FOR SUSTAINABILITY (CONTINUED)

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

Use of our report

This report is made solely to the charitable company's members[ as a body,]in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charity's members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its members as a body, for our audit work, for this report, or for the opinions we have formed.

...................................... ALISON WELTON (Senior Statutory Auditor) For and on behalf of David Allen Chartered Accountants & Statutory Auditor

Dalmar House Barras Lane Estate Dalston Carlisle CA5 7NY

Date: 20 December 2022

- 18 -

CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD FROM 1 MARCH 2021 TO 31 MARCH 2022 (INCLUDING INCOME AND EXPENDITURE ACCOUNT AND STATEMENT OF TOTAL RECOGNISED GAINS AND LOSSES)

Unrestricted Restricted Total Total
funds funds 2022 2021
Note £ £ £ £
Income from:
Donations, legacies and
grants receivable 3 10,778 1,312,505 1,323,283 520,357
Other trading activities 4 164,282 - 164,282 37,128
Investment income 5 977 - 977 1,816
Total income 176,037 1,312,505 1,488,542 559,301
Expenditure on:
Charitable activities 6 (110,894) (1,138,235) (1,249,129) (470,545)
Total expenditure (110,894) (1,138,235) (1,249,129) (470,545)
Net income 65,143 174,270 239,413 88,756
Transfers between funds (3,342) 3,342 - -
Net movement in funds 61,801 177,612 239,413 88,756
Reconciliation of funds
Total funds brought forward 183,252 101,923 285,175 196,419
Total funds carried forward 20 245,053 279,535 524,588 285,175

- 19 -

CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD FROM 1 MARCH 2021 TO 31 MARCH 2022 (CONTINUED) (INCLUDING INCOME AND EXPENDITURE ACCOUNT AND STATEMENT OF TOTAL RECOGNISED GAINS AND LOSSES)

Unrestricted Restricted Total
funds funds 2021
Note £ £ £
Income and Endowments from:
Donations and legacies 3 6,825 513,532 520,357
Other trading activities 4 - 37,128 37,128
Investment income 5 1,816 - 1,816
Total income 8,641 550,660 559,301
Expenditure on:
Charitable activities 6 (58,152) (412,393) (470,545)
Total expenditure (58,152) (412,393) (470,545)
Net (expenditure)/income (49,511) 138,267 88,756
Transfers between funds 105,453 (105,453) -
Net movement in funds 55,942 32,814 88,756
Reconciliation of funds
Total funds brought forward 127,310 69,109 196,419
Total funds carried forward 20 183,252 101,923 285,175

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2022 and 2021 is shown in note 20.

- 20 -

CUMBRIA ACTION FOR susfAINABILrrY COMPANY LIMtTED BY GuARAf￿EE BALANCE SHEEf AS AT 31 MARCH 2022 2022 2021 Tangible assets Invesiments 197 16 27,250 Current assets 17 192,511 114,043 Cash at bank and in hand 543,121 263,422 Credltors: Amounts falllng due withln one yeat Net current aets 18 .194 Net assets Funds of the chaiity. Bestricted Inc¢Nne funds Rethcted funds 20 279,535 101,923 Unrestricted income funds 183 252 Total fvnds Registration number". (￿2￿7 20 524.588 285 175 The financ3al ststernents on pages 19 to 42 w¥e aFFYod by the trust￿, and authorised for issue on 20 DecemLEr 2 and sig on thwr bthlf by. Mr D A 8euzwdl Trustee -21-

CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

STATEMENT OF CASH FLOWS FOR THE PERIOD FROM 1 MARCH 2021 TO 31 MARCH 2022

2022 2021
Note £ £
Cash flows from operating activities
Net cash income 239,413 88,756
Adjustments to cash flows from non-cash items
Depreciation 197 66
Interest and dividends received 5 (977) (1,816)
238,633 87,006
Working capital adjustments
Increase in debtors 17 (78,468) (82,748)
Increase/(decrease) in creditors 18 38,589 (9,486)
Net cash flows from operating activities 198,754 (5,228)
Cash flows from investing activities
Interest receivable and similar income 5 112 908
Income from dividends 5 865 908
Revaluation of investments 1,500 -
Net cash flows from investing activities 2,477 1,816
Net increase/(decrease) in cash and cash equivalents 201,231 (3,412)
Cash and cash equivalents at 1 March 149,379 152,791
Cash and cash equivalents at 31 March 350,610 149,379

All of the cash flows are derived from continuing operations during the above two periods.

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CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD FROM 1 MARCH 2021 TO 31 MARCH 2022

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: Eden Rural Foyer Old London Road Penrith CA11 8ET

The principal place of business is: Eden Rural Foyer Old London Road Penrith CA11 8ET

These financial statements were authorised for issue by the trustees on 20 December 2022.

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) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). They also comply with the Companies Act 2006 and Charities Act 2011.

Basis of preparation

Cumbria Action For Sustainability 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 charitable company. Monetary amounts in these financial statements are rounded to the nearest £.

- 23 -

CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD FROM 1 MARCH 2021 TO 31 MARCH 2022 (CONTINUED)

2 ACCOUNTING POLICIES (continued)

Going concern

The trustees 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.

Disclosure of long or short period

This reporting period reflects the results for a 13 month period of 1 March 2021 to 31 March 2022. The reason for this change was to align the year end with reporting purposes for Grants received. As a result of this extended period, the comparative amounts are not entirely comparable. It was the decision of the trustees to change the year end.

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. Actual results may differ from these estimates.

Income

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 are recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.

Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released. Grants receivable have been included within donations, legacies and grants receivable as these have been provided for core funding.

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank. Dividends are recognised once the dividend has been declared and notification has been received of the dividend due.

- 24 -

CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD FROM 1 MARCH 2021 TO 31 MARCH 2022 (CONTINUED)

2 ACCOUNTING POLICIES (continued)

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. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

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.

Governance costs

Governance costs include the costs attributable to the charity's compliance with constitutional and statutory requirements, including audit, strategic management and trustees' meetings and reimbursed expenses.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Tangible fixed assets

Individual fixed assets costing £1,000.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

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 economic life as follows:

Asset class

Fixtures and fittings

Depreciation method and rate 25% reducing balance

- 25 -

CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD FROM 1 MARCH 2021 TO 31 MARCH 2022 (CONTINUED)

2 ACCOUNTING POLICIES (continued)

Fixed asset investments

Fixed asset investments, other than programme related investments, are included at market value at the balance sheet date. Realised gains and losses on investments are calculated as the difference between sales proceeds and their market value at the start of the period, or their subsequent cost, and are charged or credited to the Statement of Financial Activities in the period of disposal.

Unrealised gains and losses represent the movement in market values during the period and are credited or charged to the Statement of Financial Activities based on the market value at the period end.

Trade debtors

Trade debtors and other debtors are measured at their recoverable amounts. Prepayments are calculated as amounts paid during the financial year, but which relate to a future financial period. Accrued income is recognised where the entity is entitled to income in the financial period, but the receipt does not occur until a future financial year.

Cash and cash equivalents

Includes all cash held and in bank current and deposit accounts.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

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.

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.

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CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD FROM 1 MARCH 2021 TO 31 MARCH 2022 (CONTINUED)

2 ACCOUNTING POLICIES (continued)

Pensions and other post retirement obligations

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the statement of financial activities in the period to which they relate.

Financial instruments

Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument.

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 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 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 charity, 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.

Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through profit or loss. Where fair value cannot be measured reliably, investments are measured at cost less impairment.

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CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD FROM 1 MARCH 2021 TO 31 MARCH 2022 (CONTINUED)

2 ACCOUNTING POLICIES (continued)

The best evidence of fair value is a quoted price for an identical asset in an active market. When quoted prices are unavailable, the price of a recent transaction for an identical asset provides evidence of fair value as long as there has not been a significant change in economic circumstances or a significant lapse of time since the transaction took place. If the market is not active and recent transactions of an identical asset on their own are not a good estimate of fair value, the fair value is estimated by using a valuation technique.

3 INCOME FROM DONATIONS, LEGACIES AND GRANTS RECEIVABLE

Unrestricted
funds Restricted Total Total
General funds 2022 2021
£ £ £ £
Donations and legacies;
Donations 10,778 - 10,778 1,981
Grants;
The Big Lottery - 587,160 587,160 113,013
South Lakeland District Council - 100,000 100,000 50,000
Cumbria Community
Foundation - - - 7,000
Eden District Council - - - 5,000
Innovate UK - - - 99,101
Energy Saving Trust - 277,776 277,776 127,868
Electricity North West - 27,500 27,500 42,500
Quadrature Climate
Foundation - - - 50,435
Emergence - 27,755 27,755 12,983
Durham County Council - 19,784 19,784 10,476
SOSCI - 51,973 51,973 -
Stonehaven - 166,083 166,083 -
Copeland Borough Council - 7,650 7,650 -
Cumbria LEP - 4,450 4,450 -
Historic England - 2,074 2,074 -
Alston Moor Community
Energy - 15,000 15,000 -
Allerdale Borough Council - 10,000 10,000 -
Energy Local Duddon Valley
project - 5,300 5,300 -
Neighbourly Ltd - 10,000 10,000 -
10,778 1,312,505 1,323,283 520,357

- 28 -

CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD FROM 1 MARCH 2021 TO 31 MARCH 2022 (CONTINUED)

4 INCOME FROM OTHER TRADING ACTIVITIES

Unrestricted
funds Total Total
General funds 2021
£ £ £
Trading income;
Earned income - - 37,128
Earned income 164,282 164,282 -
164,282 164,282 37,128
5 INVESTMENT INCOME
Unrestricted
funds Total Total
General 2022 2021
£ £ £
Income from dividends;
Dividends receivable from other unlisted
investments 865 865 908
Interest receivable and similar income;
Interest receivable on bank deposits 112 112 908
977 977 1,816

6 EXPENDITURE ON CHARITABLE ACTIVITIES

Unrestricted
funds Restricted Total Total
General funds 2022 2021
Note £ £ £ £
Activities 110,894 1,080,907 1,191,801 434,079
Allocated support
costs 7 - 53,128 53,128 35,624
Governance costs 7 - 4,200 4,200 842
110,894 1,138,235 1,249,129 470,545

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CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD FROM 1 MARCH 2021 TO 31 MARCH 2022 (CONTINUED)

6 EXPENDITURE ON CHARITABLE ACTIVITIES (continued)

Activity Grant Activity
undertaken funding of support Total
directly activity costs expenditure
£ £ £ £
Activities 1,185,247 6,554 57,328 1,249,129
Total for period ended 28
February 2021 434,079 - 36,466 470,545

7 ANALYSIS OF GOVERNANCE AND SUPPORT COSTS

Support costs allocated to charitable activities

Other
Governance support Total
costs costs 2022
£ £ £
Activities 4,200 53,128 57,328
Governance costs
Restricted Total Total
funds 2022 2021
£ £ £
Audit fees
Audit of the financial statements 4,200 4,200 -
Independent examiner fees
Examination of the financial statements - - 800
Trustees remuneration and expenses - - 42
4,200 4,200 842

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CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD FROM 1 MARCH 2021 TO 31 MARCH 2022 (CONTINUED)

8 GRANT-MAKING

Analysis of grants

The support costs associated with grant-making are Nil (28 February 2021 - Nil).

Below are details of material grants made to institutions

2022 2021
Name of institution Activity £ £
Sustainable Keswick (SUSKES) Activities 682 -
Sustainable Carlisle Activities 748 -
The Melbreak Communities Activities 875 -
Castle Head Field Study Centre Activities 750 -
Sustain Brampton Activities 1,891 -
Drop Zone Youth Projects Activities 1,608 -
6,554 -

9 NET INCOMING/OUTGOING RESOURCES

Net incoming resources for the period include:

Net incoming resources for the period include:
2022 2021
£ £
Audit fees 4,200 -
Depreciation of fixed assets 197 66

10TRUSTEES REMUNERATION AND EXPENSES

During the period the charity made the following transactions with trustees:

During the year two trustees were reimbursed expenses for travel and subsistence and training amounting to a total of £265. (2021: Travel and subsistence reimbursed to one trustee amounting to £12).

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

No trustees have received any other benefits from the charity during the year.

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CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD FROM 1 MARCH 2021 TO 31 MARCH 2022 (CONTINUED)

11STAFF COSTS

The aggregate payroll costs were as follows:

The aggregate payroll costs were as follows:
2022 2021
£ £
Staff costs during the period were:
Wages and salaries 503,246 215,189
Social security costs 36,025 52,944
Pension costs 30,150 25,372
569,421 293,505

The monthly average number of persons (including senior management / leadership team) employed by the charity during the period was as follows:

Staff

2022 2021
No No
26 11

No employee received emoluments of more than £60,000 during the period.

The total employee benefits of the key management personnel of the charity were £188,794 (2021 - £137,911).

12INDEPENDENT EXAMINER'S REMUNERATION

2021
£
Examination of the financial statements 800

13AUDITORS' REMUNERATION

2022
£
Audit of the financial statements 4,200

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CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD FROM 1 MARCH 2021 TO 31 MARCH 2022 (CONTINUED)

14TAXATION

The charity is a registered charity and is therefore exempt from taxation.

15TANGIBLE FIXED ASSETS

15TANGIBLE FIXED ASSETS
**Fixtures ** and
fittings Total
£ £
Cost
At 1 March 2021 11,176 11,176
At 31 March 2022 11,176 11,176
Depreciation
At 1 March 2021 10,979 10,979
Charge for the year 197 197
At 31 March 2022 11,176 11,176
Net book value
At 31 March 2022 - -
At 28 February 2021 197 197
16FIXED ASSET INVESTMENTS
2022 2021
£ £
Other investments 27,250 28,750

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CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD FROM 1 MARCH 2021 TO 31 MARCH 2022 (CONTINUED)

16FIXED ASSET INVESTMENTS (continued)

Other investments

Other investments
Unlisted
investments Total
£ £
Cost or Valuation
At 1 March 2021 28,750 28,750
Revaluation (1,500) (1,500)
At 31 March 2022 27,250 27,250
Net book value
At 31 March 2022 27,250 27,250
At 28 February 2021 28,750 28,750

The above relates to 27,000 £1 shares held in Community Energy Cumbria and 250 £1 shares in Burneside Community Energy.

During the year the investment in Community Energy Cumbria was reduced by £1,500 due to capital reduction.

17DEBTORS

2022 2021
£ £
Trade debtors 91,510 75,539
Prepayments and accrued income 100,994 38,137
Other debtors 7 367
192,511 114,043

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CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD FROM 1 MARCH 2021 TO 31 MARCH 2022 (CONTINUED)

18CREDITORS: amounts falling due within one year

18CREDITORS: amounts falling due within one year
2022 2021
£ £
Trade creditors 24,220 7,103
Other taxation and social security 8,420 -
Other creditors 1,014 91
Accruals 12,129 -
45,783 7,194

19RETIREMENT BENEFIT SCHEMES

Defined contribution schemes

The charitable company operates a defined contribution pension scheme for employees. The charge to profit or loss in respect of defined contribution scheme was £30,150 (2021: £25,372). Contributions totalling £2 (2021: £0) were payable to the scheme at the end of the year and are included in creditors.

- 35 -

CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD FROM 1 MARCH 2021 TO 31 MARCH 2022 (CONTINUED)

20FUNDS

20FUNDS
Balance at Balance at
1 March Incoming Resources 31 March
2021 resources expended Transfers 2022
£ £ £ £ £
Unrestricted
General fund 183,252 176,037 (110,894) (3,342) 245,053
Restricted
Community Energy
Cumbria 1,737 - (1,737) - -
Community Energy
Support South Lakeland 856 99,999 (70,845) - 30,010
Rebuilding Together 10,841 2,074 (9,459) - 3,456
Small Grants 1,303 5,300 (1,798) - 4,805
LEAP 7,563 - (5,478) - 2,085
Cold to Cosy - 16,501 (16,501) - -
Commercial Climate
Literacy (653) - - 653 -
Warm Homes Eden 4,614 - (2,458) (2,156) -
SOSCI EV Project (708) 51,973 (51,265) - -
Zero Carbon Partnership (7,666) - - 7,666 -
Greener Schools Project 16,000 4,450 (14,000) - 6,450
Energy Surveys 2,806 - - (2,806) -
Community Carbon
Literacy 4,541 27,755 (17,930) 88 14,454
ENW Energy Advice 14,521 27,500 (23,101) - 18,920
Cold to Cosy Homes 2 - 131,876 (131,876) - -
Future Fair Fellfoot
Forward - 12,781 (12,693) (88) -
Fellfoot Buildings - 6,060 (5,108) - 952
NW Community Energy
Hub 9,685 - (9,670) (15) -
Green Jobs in West
Cumbria 12,301 - (12,301) - -
Zero Carbon Cumbria
Partnership 24,182 602,810 (452,390) - 174,602
Misc Energy - 2,000 (2,000) - -
Cold to Cosy Homes 3 - 82,361 (82,361) - -
Retrofit for Cumbria - 47,982 (47,342) - 640

- 36 -

CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD FROM 1 MARCH 2021 TO 31 MARCH 2022 (CONTINUED)

20FUNDS (continued)

20FUNDS (continued)
Balance at Balance at
1 March Incoming Resources 31 March
2021 resources expended Transfers 2022
£ £ £ £ £
Green Investment Plan - 150,000 (150,000) - -
Youth Panel - 16,083 (10,856) - 5,227
Carbon Offset - 10,000 - - 10,000
ENW Alston - 15,000 (7,066) - 7,934
Total restricted 101,923 1,312,505 (1,138,235) 3,342 279,535
Total funds 285,175 1,488,542 (1,249,129) - 524,588
Balance at
Balance at 28
1 March February
2020 Income Expenditure Transfers 2021
£ £ £ £ £
Unrestricted funds
General fund 127,310 8,641 (58,152) 105,453 183,252
Restricted
Cumbria Green Build
Programme 723 (217) (18) (488) -
Community Energy
Cumbria 1,844 2,514 (2,003) (618) 1,737
Community Energy
Support South Lakeland 16,216 50,000 (37,421) (27,939) 856
Rebuilding Together 34,998 - (10,740) (13,417) 10,841
Alston Moor Greenprint 2,343 - - (2,343) -
Small Grants - 3,829 (2,857) 331 1,303
LEAP 5,196 19,418 (12,867) (4,184) 7,563
Cold to Cosy (6,014) 80,256 (62,125) (12,117) -
Community Housing Hub 1,103 - (427) (676) -
Commercial Climate
Literacy 1,369 3,669 (4,603) (1,088) (653)
Warm Homes Eden 11,852 - (5,614) (1,624) 4,614
SOSCI EV Project (9,049) 99,101 (76,281) (14,479) (708)
Zero Carbon Partnership - 1,500 (9,166) - (7,666)
Space to Connect 3,528 - (2,896) (632) -
Greener Schools Project 5,000 5,000 - 6,000 16,000
Energy Surveys - 8,571 (3,713) (2,052) 2,806

- 37 -

CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD FROM 1 MARCH 2021 TO 31 MARCH 2022 (CONTINUED)

20FUNDS (continued)

20FUNDS (continued)
Balance at
**Balance ** at 28
1 March February
2020 Income Expenditure Transfers 2021
£ £ £ £ £
Community Carbon
Literacy - 12,983 (7,167) (1,275) 4,541
ENW Energy Advice - 27,500 (10,382) (2,597) 14,521
Cold to Cosy Homes 2 - 47,612 (38,873) (8,739) -
Future Fair Fellfoot
Forward - 8,184 (6,820) (1,364) -
Fellfoot Buildings - 2,292 (1,911) (381) -
NW Community Energy
Hub - 15,000 (4,252) (1,063) 9,685
Green Jobs in West
Cumbria - 50,435 (35,299) (2,835) 12,301
Zero Carbon Cumbria
Partnership - 113,013 (76,958) (11,873) 24,182
Total restricted funds 69,109 550,660 (412,393) (105,453) 101,923
Total funds 196,419 559,301 (470,545) - 285,175

Energy Surveys

Transfer of £2,806. This is contract income which was incorrectly included as restricted funds in the previous financial statements.

Eden Warm Homes

Transfer of £2,156. This project has now closed and the leftover restricted funds were permitted to be transferred to reserves.

North West Community Energy Hub

Transfer of £15. This project has now closed and the leftover restricted funds were permitted to be transferred to reserves.

Commercial Climate Literacy

Transfer of £653. This project has now closed and the balance was transferred from unrestricted reserves to clear the negative balance.

Zero Carbon Partnership

Transfer of £7,666. This project has now closed and the balance was transferred from unrestricted reserves to clear the negative balance.

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CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD FROM 1 MARCH 2021 TO 31 MARCH 2022 (CONTINUED)

20FUNDS (continued)

P13b Small Grants

Energy Local CIC; investigating renewable energy potential in the Duddon Valley.

P22 Community Energy Cumbria

This is an administrative contract with CAfS providing administrative support to Community Energy Cumbria.

P23 Community Energy Support South Lakeland

South Lakeland District Council; offering low carbon advice to communities and businesses in South Lakeland.

P34 Rebuilding Together

Historic England; developing a case study for the retrofiting of an historic building.

P42 Commercial Climate Literacy

CAfS trains and supports a network of trainers to deliver free climate literacy training in Cumbria. The training is delivered to various organisations including business and local councils.

P48 LEAP

Energy advice services, involving calls and home visits, offered as part of the LEAP (Local Energy Advice Partnership). It is a free service to householders to improve energy efficiency, reduce fuel costs and enhance comfort in the homes of vulnerable people at risk of fuel poverty.

P50 Cold to Cosy

Energy Savings Trust; grant for offering home energy saving advice in Cumbria.

P52 ENW Alston

Electricity North West; Offering cold to cosy home energy advice to homes with Alston Moor Community Energy.

P54a Community Carbon Literacy

Emergence Foundation: funding for community focused carbon literacy training.

P55 Warm Homes Eden

Funding through Eden District Council for supporting homes in the region to become more energy efficient.

P56 SOSCI

Innovate; grant for identifying electricity charge point locations in Cumbria and advising people in the region on how to get these installed.

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CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD FROM 1 MARCH 2021 TO 31 MARCH 2022 (CONTINUED)

20FUNDS (continued)

P57 Zero Carbon Partnership

In 2020-21 this was the project initially set up for the establishment of what became the Zero Carbon Cumbria Partnership funded through the National Lottery.

P59 ENW Energy Advice

Electricity North West; Home energy advice and support for those at risk of fuel poverty.

P60 Cold to Cosy Homes 2

Energy Savings Trust; grant for offering home energy saving advice in Cumbria.

P61 Future Fair Fellfoot

Durham County Council; supporting rural communities in the region to move towards a low carbon future.

P61a Future Fair Fellfoot Buildings

Durham County Council; supporting rural communities in the region to move towards a low carbon future, focus of this part being on how this can be done through buildings.

P62 NW Community Energy Hub

Hosting a community energy hub for the region which will support the energy for communities, including increasing the rate of deployment, innovation and growth and increase the amount of resources and skills that can benefit vulnerable customers.

P63 Greener Schools

Cumbria Local Enterprise Partnership; working with local school children to develop sustainable energy in their schools.

P64 Green Jobs in West Cumbria

A report investigating the potential for green jobs in the Cumbria region.

P65 Zero Carbon Cumbria Partnership

National Lottery; support the Zero Carbon Cumbria partnership and move Cumbria towards achieving zero carbon.

P66 Misc Energy

Small grants for the delivery of home and business energy advice services across Cumbria.

P67 Cold to Cosy Homes 3

Energy Savings Trust; grant for offering home energy saving advice in Cumbria.

P68 Retrofit for Cumbria

Energy Savings Trust; grant for offering home energy with the focus on retrofitting their homes.

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CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD FROM 1 MARCH 2021 TO 31 MARCH 2022 (CONTINUED)

20FUNDS (continued)

P69 Green Investment Plan

Stonehaven Campaigns LTD; investigating possibilities for the green economy in Cumbria.

P70 Youth panel

Stonehaven Campaigns LTD; developing a youth panel on climate change in Copeland.

P71 Carbon offset

The Neighbourly Foundation: develop a Cumbrian carbon ‘offsetting’ scheme linking businesses, communities and individuals to local community led carbon saving and conservation projects.

21ANALYSIS OF NET ASSETS BETWEEN FUNDS

Unrestricted Total funds
funds Restricted at 31 March
General funds 2022
£ £ £
Fixed asset investments 27,250 - 27,250
Current assets 222,021 321,100 543,121
Current liabilities (4,218) (41,565) (45,783)
Total net assets 245,053 279,535 524,588
Total funds
Unrestricted at 28
funds Restricted February
General funds 2021
£ £ £
Tangible fixed assets 197 - 197
Fixed asset investments 28,750 - 28,750
Current assets 156,656 106,766 263,422
Current liabilities (2,351) (4,843) (7,194)
Total net assets 183,252 101,923 285,175

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CUMBRIA ACTION FOR SUSTAINABILITY

COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD FROM 1 MARCH 2021 TO 31 MARCH 2022 (CONTINUED)

22ANALYSIS OF NET FUNDS

22ANALYSIS OF NET FUNDS
At 1 March Financing At 31 March
2021 cash flows 2022
£ £ £
Cash at bank and in hand 149,379 201,231 350,610
Net debt 149,379 201,231 350,610
At 28
At 1 March Financing February
2020 cash flows 2021
£ £ £
Cash at bank and in hand 152,791 (3,412) 149,379
Net debt 152,791 (3,412) 149,379

23RELATED PARTY TRANSACTIONS

During the period the charity made the following related party transactions:

David Beuzeval Associates

(one of the directors is a trustee of the charity) Goods to the value of Nil (2021: £1,520). At the balance sheet date the amount due to/from David Beuzeval Associates was Nil (2021 - Nil).

Eden Lighthouse

(both partners are employees of the charity)

Goods to the value of Nil (2021: £380). At the balance sheet date the amount due to/from Eden Lighthouse was Nil (2021 - Nil).

Future Fixers

(two of the directors are also directors of this CIC)

During the year, transactions with the CIC amounted to £300. At the balance sheet date the amount due to/from Future Fixers was Nil (2021 - Nil).

The charity provided administrative services to:

Community Energy Cumbria

Where two of their directors are employees of the charity, to the value of £2,500 (2021: £2,500).

Burneside Community Energy

Where one of their directors is an employee of the charity, to the value of Nil (2021: £600).

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