| Trustees' report (incorporating | the Directors' Report) | |
|---|---|---|
| Structure, Governance and Management |
3 | |
| Objectives and Activities | 5 | |
| KeyAchievements to celebrate |
7 | |
| Project and Group Reports | ||
| Financial Review |
14 | |
| Plans for future periods | 15 |
| Financial Statements | ||
|---|---|---|
| Statement offinancial | activities | 17 |
| Balance sheet | 18 | |
| Notes to the financial | statements | 19 |
| Status | Transition Town |
Totnes | Totnes | Ltd is a charity registered | with the Charities | ||
|---|---|---|---|---|---|---|---|
| Commission of |
England | and Wales | |||||
| Trustees | Charles Harrington | ||||||
| Mary Coughlan-Clarke | |||||||
| Nick Roberts | |||||||
| Sienna Lula Somers | |||||||
| Barbara Greenway | (resigned 11'"May 2023) | ||||||
| Helen Stride (appointed | 19wJanuary 2024) | ||||||
| Co-ordinator | Guy frlacher-Downing | ||||||
| Charity number | 1138865 | ||||||
| Company | number | 06287039 | |||||
| Registered | office and | The Mansion | |||||
| principal address | 36A ForeStreet | ||||||
| Totnes | |||||||
| Devon | |||||||
| TQ9 5RP | |||||||
| Web address | www transitiontowntotnes | or | |||||
| Independent | Examiner | Paul Beard FCA |
FCCA | ||||
| Darnells | |||||||
| Chartered Accountants |
|||||||
| 30Fore Street | |||||||
| Totnes | |||||||
| Devon | |||||||
| TQ9 5RP | |||||||
| Bankers | The Co-operative | Bank | |||||
| PO Box250 | |||||||
| Skelrnersdale | |||||||
| WNB 6WT |
| Social Media | 2022/23 | 2021/22 | %+/- | |
|---|---|---|---|---|
| Channel | difference | |||
| from prior yr | ||||
| Followers | 7,459 | 7,651 | -2.5% | |
| Total Reach | 66lc | -58% | ||
| Engagement | rate | 8.82% | 3.88% | |
| X(Twitter) | ||||
| Followers | 4,552 | 4,626 | -1.6% | |
| Impressions | 12k | -68% | ||
| Engagement | rate | 0.05% | 3.3% | -3.2% |
| Followers | 2,315 | 1,539 | +19% | |
| Total Reach | 26k | 33k | -21% | |
| Engagement | rate | 6.679!i | 9.25% | -2.6% |
| Unrestricted | Restdcted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| Notes | 2023 | 2023 | 2023 | 2022 | |
| f | f | f | f | ||
| Income from | |||||
| Donations &grants |
4 | 33,204 | 38,345 | 71,549 | 73,474 |
| Charitable activities |
7 | 2,587 | 9,982 | 12,569 | 8,628 |
| Investment income |
5 | 896 | 896 | 1,621 | |
| Total income | 35,791 | 49,223 | 85,014 | 83,723 | |
| Expenditure on |
|||||
| Costs ofraising funds | 8 | 2,476 | 2,316 | 4,792 | 5,774 |
| Charitable activities |
8 | 33,069 | 64,558 | 97,627 | 100,590 |
| Total expenditure | 35,545 | 66,874 | 102,419 | 106,364 | |
| Net income/(expenditure) | 246 | (17,651) | (17,405) | (22,641) | |
| Transfers between funds |
(7,20D) | 7,200 | |||
| Net movement in funds |
(6,954) | (10,451) | (17,405) | (22,641) | |
| Reconciliation offunds |
|||||
| Total funds brought forward |
33,780 | 93,038 | 126,818 | 149,459 | |
| Total funds carried forward | 26,826 | 82,687 | 166,412 | 126,818 |
| asat31 | August 2023 | |||||
|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||
| Notes | f | f | ||||
| Fixed assets | ||||||
| Tangible assets | 10 | 435 | 579 | |||
| Current assets | ||||||
| Debtors | 34,646 | 43,135 | ||||
| Cash at bank | and in | hand | 76,920 | 90,880 | ||
| 111,566 | 134,015 | |||||
| Creditors: amounts | falling | due within one year | 12 | (2,588) | (7,776) | |
| Net current assets/(liabilities) | 108,978 | 126,239 | ||||
| Net assets | 209033 | 126,816 | ||||
| Incoine Funds | ||||||
| Restricted funds | 15 | 82,587 | 93,038 | |||
| Unrestricted funds |
||||||
| Designated: | Coordination | Reserve | 15 | 18,081 | ||
| Designated: | non-restricted | projects | 15 | 2,048 | ||
| General fund | 15 | 24,778 | 15,699 | |||
| 109,813 | 126,818 |
| f | ar the year ended 31August | 202 | 3 | |||||
|---|---|---|---|---|---|---|---|---|
| 3 hlet Income forthe year | 2023 | 2022 | ||||||
| Net incomefor the year is | stated aftercharging: | E | f | |||||
| Depreciatian oftangible assets | 144 | 193 | ||||||
| I.oss on disposal oftangible | assets | 166 | ||||||
| Independent Examiner's fee |
984 | 744 | ||||||
| 4 Donations tk grants |
2023 | 2023 | 2023 | 2022 | ||||
| Unrestricted | Restricted | Total | Total | |||||
| E | E | E | E | |||||
| Donations: | ||||||||
| Various general donations | 10,603 | 2,288 | 12,891 | 5,817 | ||||
| Legacy income received | 22,601 | 22,601 | ||||||
| Crowdfunding donations |
16,795 | 16,795 | 26,935 | |||||
| Grants. ' | 33,204 | 19,083 | 52,287 | 32,752 | ||||
| Devon Community Foundation |
7,000 | 7,000 | 5,000 | |||||
| Transition Together (Transition | Network) | 4,500 | 4,500 | |||||
| Anon faundation | 3,312 | 3,312 | ||||||
| Totnes Town Council | 1,500 | 1,500 | ||||||
| Norman Family Charitable Trust |
1,000 | 1,000 | ||||||
| Devon CCCouncillors' locality grants |
800 | 800 | ||||||
| Elmgrant | 650 | 650 | ||||||
| Literature Works |
500 | 500 | ||||||
| Postcode Local Trust | 18,422 | |||||||
| National Lottery Awards for Ail |
10,000 | |||||||
| South Hams DC Climate Engagement |
Fund | 5,000 | ||||||
| South Hams DC Councillors' | Localrty | grants | 2,000 | |||||
| Totnes Trust | 300 | |||||||
| 19,262 | 19,262 | 40,722 | ||||||
| Total Donations 8 Grants |
33,204 | 38,345 | 71,549 | 73,474 | ||||
| Of 2022 grants, nil was unrestricted |
and E40,722was restricted. | Of2022 | donations | and crowdfunding | ||||
| donations, E4,112was unrestdicted |
and E28,640was restricted. | |||||||
| 5 Investment Income |
2023 | 2023 | 2023 | 2022 | ||||
| Unrestdicted | Restricted | Total | Total | |||||
| E | f | f | ||||||
| Loan interest | 896 | 896 | 1,621 | |||||
| 896 | 896 | 1,621 | ||||||
| Ofthe laan interest for 2022 all was restricted. |
| Incomin | g resources | fro | m Charitable | activities | |||||
|---|---|---|---|---|---|---|---|---|---|
| 2023 | 2023 | 2023 | 2022 | ||||||
| Unrestricted | Restricted | Total | Total | ||||||
| f | f | ||||||||
| Events income | 110 | 110 | 734 | ||||||
| Tours | 820 | 820 | 290 | ||||||
| Feed in Tariff Income | 2,428 | 2,428 | 3,023 | ||||||
| Sundry income | 1,767 | 7444 | 9,211 | 4,581 | |||||
| 2,587 | 9,982 | 12,569 | 8,628 | ||||||
| fthe incoming resources | in 2022f324 was unrestricted | and f8304was restricted. | |||||||
| Total | resources expended | ||||||||
| 2023 | 2023 | 2023 | 2022 | ||||||
| Unrestricted | Restricted | Total | Total | ||||||
| f | f | f | E | ||||||
| Costs ofraising funds | 2,476 | 2,316 | 4,792 | 5,774 | |||||
| Charitable | activities | ||||||||
| Activities | undertaken | directly | 27,244 | 60,362 | 87,606 | 90,499 | |||
| Support Costs | 4,841 | 4,196 | 9,037 | 9,347 | |||||
| Total | 32,085 | 64,558 | 96,643 | 99,846 | |||||
| Governance costs | 984 | 984 | |||||||
| 35,545 | 66,874 | 102,419 | 106,364 |
| NOTES TOTHE FINAN for the year ended |
CIAL STATEMENTS 31August 2023 |
|||||
|---|---|---|---|---|---|---|
| 9 Resources expended | 2023 | 2023 | 7023 | 7022 | ||
| Unrestricted | Restricted | Total | Total | |||
| Activities undertaken | directly | 6 | E | E | f | |
| Project costs (incl freelance fees) | 1,199 | 11,075 | 12,274 | 19,846 | ||
| Events (incl promotion | and venue costs) | 808 | 3,146 | 3,954 | 5,717 | |
| Website costs | 681 | 643 | 1,324 | 6,173 | ||
| Staff costs —programme | and projects | 21,355 | 35,090 | 56,445 | 49,9zo | |
| Rent, council tax, utilities | 2,640 | 9,436 | 12,076 | 6,433 | ||
| insurance | 424 | 424 | 383 | |||
| Repairs and renewals | 96 | 869 | 965 | 1,668 | ||
| Depreciation on fixtures, |
fittings and equipment | 41 | 103 | 144 | 193 | |
| Charge/(gain) on disposal |
oftangible assets | 166 | ||||
| 27,244 | 60,362 | 87,606 | 90,499 | |||
| Support Casts | ||||||
| Staffcosts-finance & |
project support | 4,072 | 2,889 | 6,961 | 6,013 | |
| Recruitment 8 training |
90 | 90 | SDB | |||
| Telephone and internet |
74 | 365 | 439 | 1,068 | ||
| printing, post, stationa |
ry | 345 | 113 | 453 | 176 | |
| Travel | 158 | |||||
| Subscriptions (inci software) |
21 | 304 | 325 | 459 | ||
| Professional fees | ||||||
| Sundryexpenses | 239 | 525 | 764 | 871 | ||
| Bank and transaction charges |
94 | |||||
| 4,841 | 4,196 | 9,037 | 9,347 | |||
| Costs af Generating Funds |
||||||
| Fundraising staff costs |
1,576 | 1,216 | 2,792 | 2,609 | ||
| Other fundraising costs |
900 | 1,100 | 2,OOO | 3,165 | ||
| 2,476 | 2,316 | 4,792 | 5,774 | |||
| Governance casts |
||||||
| Independent Examiner's |
fees | 984 | 984 | 744 | ||
| 984 | 984 | 744 |
| f | ||||||
|---|---|---|---|---|---|---|
| Cost | Equipment | |||||
| At 1September 2022 | 5,114 | |||||
| Additions in year |
||||||
| Disposals in year |
||||||
| At 31August | 2023 | 5,114 | ||||
| Depreciation | ||||||
| At 1September 2022 | 4,535 | |||||
| Depreciation | charge for year | 144 | ||||
| At 31August | 2023 | 4,679 | ||||
| Net book value | ||||||
| At 31August | 2023 | 435 | ||||
| At 31August | 2022 | 579 | ||||
| 11Debtors | 2023 | 2022 | ||||
| f | f | |||||
| Trade debtors | 4,560 | 2,365 | ||||
| Taxes, social security | ILstatutory | payments | recoverable | 1,247 | ||
| Hire purchase | debtor | 10,575 | 11,646 | |||
| Other debtors | 17,500 | 25,000 | ||||
| Prepayments | and accrued income | 2,011 | 2,877 | |||
| 34,646 | 43,135 |
| Creditonn amounts |
falling due within one year | 2023 | 2022 |
| f | f | ||
| Accruals for grants | payable | 1,500 | |
| Trade creditors | 3„200 | 3,841 | |
| Taxes and social security costs | 404 | 291 | |
| Accruals and deferred income |
984 | 1,744 | |
| Other creditors | 400 | ||
| 2,588 | 7,776 |
| Employment costs |
Employment costs |
2023 | 2022 | |||
|---|---|---|---|---|---|---|
| f | f | |||||
| Salaries | 54,451 | 47,077 | ||||
| Statutory | Paternity | pay recoverable | (323) | |||
| Pension | Contributions | —defined contribution | scheme | 3,437 | 1,130 | |
| National | insurance | contributions | ||||
| 55.545 | 48,287 |
| Net | |||||
|---|---|---|---|---|---|
| Fixed | current | ||||
| assets | assets | Total | |||
| f | f | E | |||
| Unrestricted | funds | ||||
| Designated | fund: non-restricted | projects | 2,048 | 2,048 | |
| Generalfund | 123 | 24,655 | 24,773 | ||
| Restricted funds | 312 | 82,275 | 82,587 | ||
| Total funds | as at31August 2023 | 435 | 108,978 | 109,413 |
| The restricted income funds | The restricted income funds | ofthe charit | y adising through its activities are as foliows: |
y adising through its activities are as foliows: |
|
|---|---|---|---|---|---|
| Community Energy (various) |
orthe promotion ofcommunity commitment to reductions |
in | |||
| on-renewable energy use, |
|||||
| Climate Hub (various) | oestablish and operate the Climate I-lub, for our «ommuaity |
to | |||
| es pond to challenges more effectively and together. |
|||||
| Consolidated Food fund (vadious) |
o consolidate Grown in Totnes fixed assets leased to a third |
||||
| arty, previously spread across vadious funds. |
|||||
| Film Festival (various) | unds held for future Transition Town Totnes Film Festivals |
||||
| ransition Streets (various funders) | o update and operate a smaller-scale roll-out ofthe |
previously | |||
| uccessful Transition Streets project. |
|||||
| Incredible Edible (BigLottery |
Community | o plant trees and to create public growing spaces for edible | |||
| Fund Awards for All) | ood around Totnes for the benefit ofthe community | and the | |||
| isiting public | |||||
| Mother Roots (Transition Together) | project to creatively explore the role of motheding |
in | |||
| ransition | |||||
| Reconomy Centre (users' contributions | oluntary contributions from users ofthe Centre for |
workshops, | |||
| ocosts) | eetings and desk space, | ||||
| EnergyWise (various) |
o promote energy efficiency, | ||||
| Film Club (various) | o cover costs offilm nights. | ||||
| ransition Streets (Transition | Together) | oassist with grant fundralsing for Transition Streets |
|||
| Open EcoHomes (various) | o implement an Open EcoHomes weekend |
||||
| Invest in Devon Capital funds | (Devon CC) | or capital equipment to support various projects |
|||
| CoWork (user contributions | to costs) | o provide a shared workspace for freelancers and remote | |||
| orkers striving to make a positive social or environmental | |||||
| mpact through their work |
|||||
| Food Shed (BigLottery Local | Food) | o support the setting up of a local food hub (project |
ended, | ||
| esidual fixed assets only) | |||||
| ransition Streets (Devon Community | ofund various specific costs ofthe Transition streets |
project. | |||
| Foundation Thrive with Five |
programme) | ||||
| ransition Streets (South Hams DC |
ofund various specific costs ofthe Transition streets | project. | |||
| Climate Engagement fund) |
|||||
| Follaton Community Gardens |
(Follaton | or improvements to Follaton community gardens. |
|||
| inerna) | |||||
| Climate Hub (Totnes Town Council) | ofund various specific costs forthe Climate Hub |
||||
| mmunity Action for Retrofit |
Delivery | osupport workshop development forthe CARO project. |
|||
| (Dartrnoor Sustainable Development) |
| follows: | |||||||
|---|---|---|---|---|---|---|---|
| Opening | Incoming | Outgoing | |||||
| Balance | Resources | Resources | Transfers | Balance | |||
| Restricted funds | E | E | E | 1' | |||
| Communit)r Energy |
45,884 | 3,323 | (13,524) | 35,683 | |||
| Climate HIIb | 20,016 | 1,219 | (7,278) | 800 | 14,757 | ||
| Consolidated Food |
fund | 12,374 | (588) | 959 | 12,745 | ||
| Film Festival | 4,067 | (100) | 800 | 4,767 | |||
| Tra nsdi an Streets (various funds) |
2,812 | 17,281 | (16,797) | 800 | 4,096 | ||
| Incredible Edible |
2,533 | 8,866 | (9,900) | 800 | 2,299 | ||
| Mother Roots | 2,500 | (1,329) | 800 | 1,971 | |||
| Reconomy Centre | 1,200 | 5,684 | (5,134) | t,750 | |||
| EnergyWise | 3,909 | (3,374) | 800 | 1,335 | |||
| Film Club | 300 | (1,3) | 800 | 1,087 | |||
| Transition Streets (Transition Together) | 2,000 | (2,100) | 900 | ||||
| Open EcoHomes | (29) | S00 | 771 | ||||
| Invest in Devon Capital funds | 375 | (93) | 282 | ||||
| CaWark | 2,641 | (2,527) | 114 | ||||
| Food Shed | 199 | (10) | (159) | 30 | |||
| Transition Streets (DCFThrive | w/5) | 1,960 | (1,960) | ||||
| Transition Streets (SHDC CEF) | 674 | (674) | |||||
| Falleton Community | Gardens | 336 | (336) | ||||
| Climate Hub TTC |
1,500 | (1,500) | |||||
| Community Action |
for Retrofit | Delivery | 608 | (608) | |||
| 93,038 | 49,223 | (66,874) | 7,200 | 82,587 | |||
| Unrestricted funds |
|||||||
| Designated fund: Coordination |
Reserve | 18,081 | (18,081) | ||||
| Designated fund: non-restricted |
project | (352) | 2,400 | 2,048 | |||
| General fund | 15,699 | 35,791 | (17,112) | (9,600) | 24,778 | ||
| 33,780 | 35,791 | (35,545) | (7,200) | 26;826 |