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|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|
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##
|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|||||
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|Social Media||2022/23|2021/22|%+/-|
|---|---|---|---|---|
|Channel||||difference|
|||||from prior yr|
|Facebook|||||
|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%|
|Instagram|||||
|Followers||2,315|1,539|+19%|
|Total Reach||26k|33k|-21%|
|Engagement|rate|6.679!i|9.25%|-2.6%|
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|||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|
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|||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|