2023-03-31-accounts - Climate Outreach

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Contents
Reference and administrative	details	3
Trustees' Report		6
1.Climate Outreach objectives and activities		6
2.Our activities and impacts	in 2022/2023	7
3.Our Plans for next year	2023/24	12
4. Financial review		13
5.Structure, Governance	and Management	16
6.Statement ofTrustees'	responsibilities	17
Independent Auditors' report	to the Members ofClimate Outreach	IB
Statement offinancial activities for the year ended 31March 2023		22
Balance sheet as at 31 March	2023	23
Cash flow statement for the year ended 31 March 2023		24
Notes to the Financial Statements for the Year Ended 31 March 2023		25

Reference a	Reference a	nd administrative details
Charity Number;		1123315(England and Wales)
Company	Number:	06459313(England and Wales)
Trustees:		Camilla Born (Chair)
		Faiza Farooq (Treasurer)
		Becky Buell
		Thomas Peutz (Resigned 27th February 2023)
		Phil Bloomer
		Citika Bhardwaj (Resigned 13th June 2022)
		Ludovic Phalippou
Management:		Rachael Orr, Chief Executive Officer
		Noora Firaq, Deputy Chief Executive Officer
		Amiera Sawas, Chief Research and Engagement	Officer
Company	Secretary:	Noora Firaq
Registered	Office:	The Old Music Hall
		106-108Cowley Road
		Oxford
		OX4 1JE
Statutory	Auditor:	UHY Ross Brooke
		Suite I, Windrush Court
		Abingdon Business Park
		Abingdon
		Oxfordshire OX14 1SY
Banker:		The Cooperative Bank
		Business Banking
		M60 4EP

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Income Type	Year ending 31March 2023	March
Grants —Trusts and	2,395,850	1,477,960
Foundations
Earned income from	198,967	235,462
charitable activities
Donations —Individual	42,170	107,165
giving
Investment income	792	146
Total	2,637,779	1,820,733

			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total Funds
			Funds	Funds	Funds	Funds	Funds	year ended
					year
					ended
					31-Mar-23			31-Mar-22
							6	6
Income from:
Donations			549,824	1,888,196	2,438,020	286,095	1,299,030	1,585,125
Charitable activities:			194,394	4,573	198,967	235,462		235,462
Investment income			792		792	146		146
Total income			745,010	1,892,769	2,637,779	521,703	1,299,030	1,820,733
Expenditure on:
Raising funds			96,579		96,579	96,882		96,882
Charitable activities			428,746	1,766,882	2,195,628	394,193	1,017,012	1,411,205
Total expenditure			525,325	1,766,882	2,292,207	491,075	1,017,012	1,508,087
Net income I -	expenditure		219,686	125,886	345,572	30,628	282,018	312,646
Transfers between		funds	20,180	(20,180)		12,818	(12,818)
Net movement	in	funds	239,866	105,706	345,572	43,446	269,200	312,646
Reconciliation	of funds:
Funds brought	forward:		186,073	472,357	658,430	142,627	203,157	345,784
Total funds carried		forward	425,939	578,063	1,004,002	186,073	472,357	658,430

									2023	2022
									6	6
								Notes
Cash used in operating activities								17	313,606	79,403
Cash flows from investing			activities
Interest income									792	146
Purchase oftangible		fixed	assets						(2)	(3,871)
Cash provided	by (used in) investing				activities				790	(3,725)
Increase (decrease)		in cash and		cash	equivalents		in the		314,396	75,678
year
Cash and cash	equivalents		at the beginning			ofthe year			745,337	669,659
Total cash and	cash	equivalents		at the end		ofthe	year		1,059,733	745,337

2.Income from donati	ons
		Unrestricted	Restricted	Total 31-Mar-23	Total 31-Mar-22
				6	8
Grants from foundations,	trusts
and other groups: Research and
Engagement
Ashden Climate Solutions		3,828		3,828
Calouste Guibenkian Foundation					80,000
Cardiff University			9,734	9,734	14,600
Climate Emergency Collaboration			141,700	141,700	10,338
Group Climate and Land Use Alliance					3,599
ClimateWorks Foundation					76,907
Cumbria Action for Sustainability			2,000	2,000	8,000
Foundation Erol			122,907	122,907
European Climate Foundation			18,306	18,306	183,224
Foundation for international	Law for		78,900	78,900
the Environment
The Involve Foundation			4,916	4,916	11,264
JAC Trust					29,994
JJ Charitable Trust			55,000	55,000
Joseph Rowntree Charitable KR foundation	Trust	69,604	(6,716)	69,604 (6,716)	31,420 35,124
Marmot Charitable Trust		18,500	6,500	25,000	25,000
Ebor Charitable Trust DAF of Macdoch Foundation	on behalf		932,710	932,710
Network of European Foundations			17,542	17,542	11,331
Oxfam Novib			94,072	94,072	100,249
Samworth Foundation					244,445
Stichting IKEA Foundation			300,000	300,000	288,000
Stiftung Mercator			69,895	69,895	133,436
Tabula Rasa Lab		541		541
TED Foundation					72,118
The David and Lucile Packard Foundation			40,730	40,730
John Ellerman Foundation		125,000		125,000
Unbound Philanthropy		20,000		20,000
		237,473	1,888,196	2,125,669	1,359,049

Grants from foundations,	trusts and
other groups: Core Asthall Manor					1,911
Calouste Gulbenkian Foundation		70,000		70,000
Doris Field Charitable Trust		500		500
Ht &LBCadbury Charitable	Trust	1,000		1,000	2,000
Jo Musker-Sherwood		1,000		1,000
John Ellerman Foundation					5,000
Patsy Wood Trust		2,681		2,681
Polden Puckham Charitable	Trust	5,000		5,000
Samworth Foundation		190,000		190,000	100,000
The Sulney Field Charitable	Trust				10,000
		270,181		270,181	118,911
Donations from individuals:
Income Others		42,170		42,170	107,165
		42,170		42,170	107,165
Total income from donations		549,824	1,888,196	2,438,020	1,585,125

			Unrestricted	Restricted	Total 31-Mar-23	Total 31-Mar-22
						6
Consultancy	fees		193,194	4,573	197,767	235,680
Sales			1,200		1,200
Miscellaneous	other	income				( 218)
			194,394	4,573	198,967	235,462

				Unrestricted	Total	Total
					31-Mar-23	31-Mar-22
					5	6
Interest	on	cash	deposits	792	792	146

5Cost of raising	funds
		Unrestricted	Restricted	Total	Total
				31-Mar-23	31-Mar-22
				6	6
Staff costs		95,227		95,227	95,862
Direct fundraising	costs	1,352		1,352	250
Other fundraising	costs				770
		96,579		96,579	96,882

	Governance	Staff costs	Project activities	Office costs	costs	31-Mar-23	31-Mar-22
Research and Engagement		675,724	848,532	24,343	6,773	1,555,372	1,027,242
Core costs	5,671	420,228	66,108	64,455	83,794	640,256	383,962
	5,671	1,095,952	914,640	88,798	90,567	2,195,628	1,411,204

			Direct	costs	Core	Costs	Total	cost
Research	and	Engagement		1,555,372		640,256		2,195,628
				1,555,372		640,256		2,195,628

			Unrestricted	Total	Total
				31-Mar-23	31-Mar-22
				E
Audit	Fee		4,000	4,000	4,500
Other	governance	costs	1,671	1,671	1,294
			5,671	5,671	5,794

8 Employees' remuneration
	Total	Total
	31-Mar-23	31-Mar-22
Wages and salaries	987,738	707,194
Pensions costs	42,829	31,719
Social security	104,897	66,732
	1,135,464	805,645

	Office	Computer	Website	Total	Total
	furniture	equipment
	31-Mar-23	31-Mar-23	31-Mar-23	31-Mar-23	31-Mar-22
	5				5
Cost
As at 1April 2022	2,861	14,677	19,297	36,835	32,964
Additions					3,871
Disposals
As at31March 2023	2,861	14,677	19,297	36,835	36,835
Depreciation
As at 1April 2022	2,861	10,904	12,864	26,629	16,922
Disposals Charge for the year		2,483	6,432	8,915	9,707
As at 31March 2023	2,861	13,387	19,296	35,544	26,629
Net book value
As at 31March 2022		3,773	6,433	10,206	16,042
As at 31March 2023		1,290	1	1,291	10,206

11Debtors
	Total	Total
	31-Mar-23	31-Mar-22
	6	5
Project debtors	29,803	82,904
Cycle Loan scheme	215	341
Other debtors	3,555	13,386
Prepayments	7,658	7,620
	41,231	104,251

		Total	Total
		31-Mar-23	31-Mar-22
		6	5
Accounts	payable	58,582	66,616
Accruals		5,000	53,846
Receipts	in advance		40,000
Payroll liabilities Pensions liability '		26,502 8,170	20,823 5,603
VAT liability			14,476
		98,254	201,364

		31-Mar-23	31-Mar-22
Brought	forward 1Apr	40,000	348,507
Released during the period		(40,000)	(348,507)
Added	during the period		40,000
Carried	forward 31Mar		40,000

	Balance at1 April 2022	Income	Expenditure	Transfers	Balance at 31March 2023
Designated funds
Research and Engagement	148,862			(148,862)
Training and Consultancy	67,530		(10,657)	(56,873)
General funds	(30,319)	745,010	(514,667)	225,915	425,939
Total unrestricted funds	186,073	745,010	(525,325)	20,180	425,939
Restricted funds
Research and Engagement	472,346	1,892,769	(1,766,882)	(20,180)	578,052
Training and Consultancy
Incubation
Total restricted funds	472,357	1,892,769	(1,766,882)	(20,180)	578,063

13bPrioryear movement	offunds
	Balance at 1 April 2021	Income	Expenditure	Transfers	Balance at31 March 2022
	5		6	8	8
Designated funds
Research and Engagement	41,048	216,446	(108,632)		148,862
Training and Consultancy	67,530				67,530
General funds	34,049	305,257	(382,443)	12,818	(30,319)
Total unrestricted funds	142,627	521,703	(491,075)	12,818	186,073
Restricted funds
Research and Engagement	203,146	1,299,030	(1,017,012)	(12,818)	472,346
Training and Consultancy
Incubation	11				11
Total restricted funds	203,157	1,299,030	(1,017,012)	(12,818)	472,357

	Unrestricted	Restricted	Total 31March 2023
Tangible fixed assets	1,291		1,291
Net current assets	424,647	578,063	1,002,711
Net assets	425,938	578,063	1,004,002

	31-Mar 23	31-Mar 22
	6	8
&1year	13,336	13,336
1to 5years	13,336	26,672
&5years
Total	26,672	40,008

			2023	2022
			6
Net movement in funds			345,572	312,646
Add back depreciation	charge		8,915	9,707
Deduct interest income activities	shown	in investing	(792)	(146)
Decrease (increase) in	debtors		63,021	13,318
Increase (decrease) in	creditors		(103,110)	(256,122)
Net cash used in operating activities			313,606	79,403