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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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At a glance
49p
ublic-facin8 events engaglng
15 000 people from around ihe world
46,000 report downloads
new reports
47
organisalions recelved bespoke
strategic consultancy & workshops
18,700
9,800
Twitter lollower5
in
Ljn14eotn ioliv_wer*
16,600
newsletter subscribers
95,000
Users visitlng
227,000
webpa8es on
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|Income Type|Year ending 31March
2023|Year ending 31
2022|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|
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||||Note|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|
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||||||||||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|
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|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|Restricted|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|Restricted|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|
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##
||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|